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 January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,073.6 4,249.8 4,262.8 4,282.5 4,344.2 4,400.2 4,496.5 4,533.1 4,570.8 4,565.7 4,549.0 4,530.5 2 Securities in bank credit 1,075.1 1,126.1 1,121.6 1,130.2 1,155.5 1,175.4 1,216.5 1,226.2 1,238.8 1,238.3 1,238.8 1,224.8 3 U.S. government securities 742.8 772.0 756.9 760.4 770.6 766.4 773.2 789.0 789.9 783.7 792.8 799.0 4 Other securities 332.3 354.0 364.7 369.8 384.9 409.1 443.2 437.2 448.9 454.6 446.1 425.8 5 Loans and leases in bank credit (2) 2,998.5 3,123.7 3,141.3 3,152.3 3,188.7 3,224.8 3,280.0 3,306.9 3,332.0 3,327.3 3,310.2 3,305.7 6 Commercial and industrial 845.4 882.6 892.8 898.9 908.3 920.6 942.0 950.2 956.1 953.7 946.8 940.9 7 Real estate 1,226.7 1,271.4 1,270.9 1,272.0 1,280.3 1,281.4 1,286.5 1,307.2 1,326.7 1,315.3 1,314.5 1,320.4 8 Revolving home equity 96.8 98.0 97.8 97.5 97.5 97.7 96.8 97.0 97.0 97.2 96.7 96.5 9 Other 1,129.9 1,173.4 1,173.2 1,174.5 1,182.9 1,183.6 1,189.7 1,210.2 1,229.6 1,218.1 1,217.7 1,223.9 10 Consumer 506.9 504.9 501.3 496.4 495.6 498.9 499.3 501.4 502.7 505.6 504.8 508.1 11 Security (3) 99.7 123.2 130.3 132.5 139.1 144.5 159.5 154.4 152.0 154.6 157.7 149.8 12 Other loans and leases 319.8 341.7 346.0 352.5 365.3 379.4 392.7 393.6 394.6 398.1 386.4 386.5 13 Interbank loans 200.7 203.1 218.4 214.7 209.3 223.3 222.9 221.9 208.0 217.0 223.8 224.4 14 Cash assets (4) 273.1 250.7 250.3 243.5 251.9 252.8 243.5 250.2 260.7 241.5 259.2 234.2 15 Other assets (5) 295.4 312.4 312.4 309.3 311.6 316.2 311.1 316.3 314.5 322.9 323.5 332.3 16 TOTAL ASSETS (6) 4,786.1 4,958.4 4,986.3 4,992.2 5,059.6 5,134.8 5,215.9 5,263.2 5,295.7 5,288.8 5,297.0 5,262.8 L I A B I L I T I E S 17 Deposits 3,105.4 3,205.5 3,223.2 3,196.5 3,228.1 3,249.6 3,273.0 3,315.1 3,326.0 3,320.6 3,344.1 3,310.9 18 Transaction 693.6 687.8 683.2 667.3 668.0 677.5 668.4 668.3 651.9 655.2 695.1 669.1 19 Nontransaction 2,411.8 2,517.6 2,540.1 2,529.2 2,560.1 2,572.0 2,604.5 2,646.8 2,674.1 2,665.4 2,649.1 2,641.7 20 Large time 633.3 674.9 685.4 667.2 678.9 684.2 696.4 707.0 706.9 703.6 697.3 697.5 21 Other 1,778.5 1,842.7 1,854.7 1,862.0 1,881.1 1,887.8 1,908.1 1,939.8 1,967.2 1,961.8 1,951.8 1,944.3 22 Borrowings 814.1 861.9 858.3 859.8 864.0 892.3 942.4 981.0 998.2 996.0 982.9 993.6 23 From banks in the U.S. 300.7 282.1 287.9 290.0 293.9 303.5 319.5 324.5 326.0 326.1 315.9 321.9 24 From others 513.4 579.8 570.4 569.8 570.0 588.8 622.9 656.5 672.2 669.9 667.1 671.7 25 Net due to related foreign offices 185.0 174.4 170.6 186.3 201.4 200.3 223.7 216.9 226.1 213.4 211.5 206.1 26 Other liabilities 280.3 299.1 307.8 317.4 325.7 334.3 348.4 327.3 323.1 333.0 329.1 328.1 27 TOTAL LIABILITIES 4,384.8 4,540.8 4,560.0 4,560.0 4,619.1 4,676.4 4,787.5 4,840.3 4,873.4 4,863.0 4,867.7 4,838.7 28 Residual (assets less liabilities) (7) 401.3 417.5 426.3 432.2 440.5 458.4 428.4 423.0 422.4 425.8 429.3 424.1 ------------------------------------------------- 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 January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,081.2 4,244.8 4,264.3 4,276.4 4,330.6 4,387.1 4,500.0 4,541.5 4,568.1 4,575.2 4,555.9 4,557.5 2 Securities in bank credit 1,074.6 1,130.8 1,124.5 1,124.6 1,147.0 1,163.4 1,212.8 1,225.9 1,236.4 1,231.5 1,227.4 1,222.7 3 U.S. government securities 744.3 776.7 759.4 756.6 765.7 761.2 770.6 790.1 793.0 784.1 788.6 792.6 4 Other securities 330.3 354.1 365.1 368.0 381.3 402.1 442.2 435.7 443.5 447.4 438.8 430.1 5 Loans and leases in bank credit (2) 3,006.6 3,114.0 3,139.8 3,151.8 3,183.6 3,223.7 3,287.2 3,315.6 3,331.7 3,343.7 3,328.5 3,334.8 6 Commercial and industrial 844.1 888.1 895.5 898.5 902.3 915.2 939.9 948.8 947.2 949.6 946.9 945.4 7 Real estate 1,232.9 1,265.1 1,268.5 1,274.1 1,283.9 1,286.3 1,293.2 1,313.8 1,332.5 1,319.9 1,316.0 1,322.4 8 Revolving home equity 97.5 97.6 97.5 97.5 97.6 98.4 97.6 97.7 97.4 97.5 96.9 96.9 9 Other 1,135.4 1,167.5 1,171.0 1,176.6 1,186.3 1,187.9 1,195.6 1,216.1 1,235.1 1,222.5 1,219.2 1,225.5 10 Consumer 509.4 499.6 498.5 494.4 497.3 501.7 501.1 503.9 505.4 511.2 512.6 517.5 11 Security (3) 100.6 122.6 130.2 130.3 134.5 141.1 160.0 155.7 153.9 160.4 161.2 151.4 12 Other loans and leases 319.6 338.5 347.0 354.5 365.6 379.6 392.9 393.4 392.7 402.5 391.8 398.1 13 Interbank loans 206.0 198.7 215.0 208.3 202.2 217.6 219.0 228.3 218.8 230.7 228.3 233.1 14 Cash assets (4) 283.0 246.3 245.3 239.1 239.6 250.8 247.3 259.5 254.8 263.0 269.6 279.7 15 Other assets (5) 296.5 311.8 310.9 310.5 313.6 317.4 310.3 317.4 314.8 323.1 320.6 334.5 16 TOTAL ASSETS (6) 4,809.9 4,944.1 4,977.8 4,976.6 5,028.3 5,114.9 5,218.5 5,288.3 5,298.1 5,333.5 5,316.0 5,346.5 L I A B I L I T I E S 17 Deposits 3,123.6 3,189.0 3,215.3 3,189.0 3,217.9 3,253.7 3,276.6 3,333.7 3,339.3 3,358.2 3,356.4 3,373.1 18 Transaction 704.5 676.0 678.2 662.4 654.6 672.8 664.4 679.0 655.1 692.9 716.8 741.8 19 Nontransaction 2,419.1 2,513.0 2,537.1 2,526.6 2,563.3 2,580.9 2,612.3 2,654.6 2,684.1 2,665.3 2,639.6 2,631.3 20 Large time 639.0 675.2 683.1 663.9 678.0 685.9 700.4 713.2 714.4 709.1 702.6 700.6 21 Other 1,780.1 1,837.8 1,854.0 1,862.7 1,885.3 1,895.0 1,911.9 1,941.5 1,969.8 1,956.1 1,937.1 1,930.7 22 Borrowings 811.6 867.5 868.1 864.4 857.0 895.8 938.7 976.9 977.1 993.7 986.8 991.3 23 From banks in the U.S. 301.0 283.3 290.9 290.2 290.0 302.4 315.4 324.8 326.1 331.3 323.4 325.6 24 From others 510.6 584.2 577.2 574.1 567.0 593.5 623.3 652.1 651.0 662.4 663.4 665.7 25 Net due to related foreign offices 181.7 183.0 176.6 188.3 201.8 200.4 220.5 213.6 219.9 211.0 212.2 212.2 26 Other liabilities 281.9 298.6 307.0 316.7 325.7 334.0 348.2 328.7 324.4 334.0 329.8 329.1 27 TOTAL LIABILITIES 4,398.8 4,538.0 4,567.0 4,558.4 4,602.5 4,683.9 4,784.1 4,852.8 4,860.7 4,896.9 4,885.3 4,905.7 28 Residual (assets less liabilities) (7) 411.2 406.1 410.8 418.2 425.8 431.0 434.4 435.5 437.4 436.6 430.7 440.8 MEMO 29 Reval. gains on off-bal. sheet items (8) 84.2 85.9 92.7 92.7 95.7 110.0 130.1 110.0 118.7 123.2 113.8 105.4 30 Reval. losses on off-bal. sheet items (8) 85.4 85.0 90.6 90.6 96.5 110.7 128.1 109.4 116.4 120.2 113.4 105.8 ------------------------------------------------- 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 January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,525.8 3,685.7 3,694.7 3,709.5 3,753.8 3,793.5 3,868.2 3,909.1 3,951.3 3,949.2 3,953.5 3,942.7 2 Securities in bank credit 883.7 928.9 921.4 929.6 944.2 961.3 996.3 1,003.2 1,017.9 1,021.1 1,024.5 1,011.3 3 U.S. government securities 663.3 682.9 668.4 669.8 677.4 685.1 694.5 709.5 710.6 703.4 711.8 717.0 4 Other securities 220.5 246.0 253.0 259.8 266.8 276.2 301.8 293.7 307.4 317.8 312.7 294.3 5 Loans and leases in bank credit (2) 2,642.1 2,756.8 2,773.3 2,779.9 2,809.6 2,832.2 2,871.9 2,905.9 2,933.4 2,928.1 2,929.0 2,931.4 6 Commercial and industrial 624.9 671.9 680.9 684.0 692.4 700.6 714.9 723.4 727.2 728.7 730.1 729.6 7 Real estate 1,200.1 1,247.0 1,246.8 1,248.1 1,256.7 1,258.0 1,263.6 1,285.5 1,305.8 1,294.9 1,294.6 1,300.6 8 Revolving home equity 96.8 98.0 97.8 97.5 97.5 97.7 96.8 97.0 97.0 97.2 96.7 96.5 9 Other 1,103.3 1,149.1 1,149.0 1,150.7 1,159.2 1,160.3 1,166.8 1,188.5 1,208.8 1,197.7 1,197.8 1,204.0 10 Consumer 506.9 504.9 501.3 496.4 495.6 498.9 499.3 501.4 502.7 505.6 504.8 508.1 11 Security (3) 57.4 62.0 67.7 69.9 73.6 75.4 87.9 87.6 85.7 85.6 88.7 82.7 12 Other loans and leases 252.7 271.0 276.6 281.5 291.2 299.3 306.2 308.0 311.9 313.2 310.9 310.5 13 Interbank loans 177.1 181.4 194.4 192.6 186.7 191.9 193.0 190.7 184.9 188.7 185.7 187.0 14 Cash assets (4) 238.2 216.0 215.5 208.5 217.9 218.7 207.8 216.5 226.0 205.9 226.9 200.9 15 Other assets (5) 249.3 278.3 278.6 275.1 275.8 278.2 271.7 279.6 275.9 281.2 283.8 294.0 16 TOTAL ASSETS (6) 4,134.0 4,303.9 4,325.8 4,328.2 4,377.2 4,424.9 4,483.0 4,537.9 4,580.2 4,567.0 4,591.6 4,566.1 L I A B I L I T I E S 17 Deposits 2,832.6 2,910.2 2,920.1 2,898.4 2,921.1 2,933.8 2,952.4 2,998.0 3,011.0 3,009.0 3,038.2 3,003.0 18 Transaction 683.4 676.3 672.0 653.7 656.0 662.5 653.7 656.3 641.7 644.6 684.1 659.1 19 Nontransaction 2,149.2 2,233.9 2,248.0 2,244.7 2,265.1 2,271.3 2,298.8 2,341.7 2,369.3 2,364.4 2,354.1 2,344.0 20 Large time 374.1 391.7 393.1 384.1 383.6 382.5 394.7 407.2 406.4 406.2 405.2 403.2 21 Other 1,775.1 1,842.2 1,854.9 1,860.6 1,881.5 1,888.8 1,904.0 1,934.4 1,963.0 1,958.2 1,948.9 1,940.8 22 Borrowings 657.8 698.5 691.2 690.1 694.2 708.2 748.6 787.2 813.5 801.2 794.4 810.1 23 From banks in the U.S. 271.7 259.7 258.4 263.4 270.1 271.2 283.9 287.6 295.6 289.0 284.9 296.1 24 From others 386.1 438.8 432.8 426.7 424.1 436.9 464.7 499.6 517.9 512.2 509.5 514.1 25 Net due to related foreign offices 67.9 73.3 73.4 79.3 92.8 105.1 117.7 117.6 124.1 114.0 114.1 115.4 26 Other liabilities 184.2 211.7 217.9 224.0 226.6 230.5 241.5 225.2 220.1 227.7 231.4 230.5 27 TOTAL LIABILITIES 3,742.5 3,893.6 3,902.5 3,891.7 3,934.7 3,977.6 4,060.2 4,128.0 4,168.7 4,151.9 4,178.1 4,159.1 28 Residual (assets less liabilities) (7) 391.5 410.2 423.2 436.5 442.5 447.3 422.8 409.9 411.5 415.1 413.5 407.0 ------------------------------------------------- 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 January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,538.7 3,679.1 3,693.0 3,700.6 3,737.8 3,785.5 3,872.5 3,925.0 3,955.6 3,960.7 3,960.9 3,964.1 2 Securities in bank credit 886.9 929.7 921.2 921.2 931.4 952.5 992.3 1,008.2 1,018.9 1,016.9 1,018.7 1,013.4 3 U.S. government securities 663.7 687.0 670.8 666.3 671.7 680.0 691.4 709.7 712.6 703.7 709.0 711.8 4 Other securities 223.2 242.7 250.4 254.9 259.7 272.5 300.9 298.4 306.3 313.2 309.7 301.6 5 Loans and leases in bank credit (2) 2,651.8 2,749.4 2,771.9 2,779.4 2,806.4 2,833.0 2,880.2 2,916.9 2,936.6 2,943.8 2,942.2 2,950.7 6 Commercial and industrial 623.9 678.0 683.7 683.8 687.5 696.2 713.0 722.3 720.6 725.1 728.1 729.7 7 Real estate 1,206.0 1,240.9 1,244.5 1,250.5 1,260.4 1,263.0 1,270.0 1,291.9 1,311.5 1,299.5 1,296.1 1,302.5 8 Revolving home equity 97.5 97.6 97.5 97.5 97.6 98.4 97.6 97.7 97.4 97.5 96.9 96.9 9 Other 1,108.5 1,143.2 1,147.1 1,153.0 1,162.8 1,164.6 1,172.4 1,194.2 1,214.1 1,202.0 1,199.3 1,205.6 10 Consumer 509.4 499.6 498.5 494.4 497.3 501.7 501.1 503.9 505.4 511.2 512.6 517.5 11 Security (3) 58.4 62.0 67.8 68.4 69.9 72.3 88.3 89.1 87.9 90.1 90.6 81.7 12 Other loans and leases 254.0 268.8 277.3 282.3 291.3 299.9 307.8 309.7 311.3 317.9 314.9 319.3 13 Interbank loans 182.4 177.0 191.1 186.2 179.6 186.3 189.1 197.1 195.7 202.5 190.2 195.7 14 Cash assets (4) 247.3 211.9 209.5 204.2 205.6 216.5 211.4 224.9 219.1 225.6 235.2 244.6 15 Other assets (5) 249.8 277.3 277.9 276.8 276.9 279.4 271.9 280.2 274.5 280.3 280.9 296.3 16 TOTAL ASSETS (6) 4,161.6 4,288.0 4,314.1 4,310.2 4,342.5 4,410.0 4,486.9 4,569.2 4,586.6 4,610.8 4,609.0 4,642.5 L I A B I L I T I E S 17 Deposits 2,851.3 2,890.9 2,910.3 2,892.7 2,912.2 2,936.4 2,956.6 3,017.5 3,023.0 3,044.2 3,044.8 3,060.2 18 Transaction 694.2 664.7 667.0 648.7 642.6 657.1 649.6 667.1 645.0 681.6 705.2 730.9 19 Nontransaction 2,157.0 2,226.2 2,243.3 2,244.0 2,269.6 2,279.3 2,307.0 2,350.5 2,378.0 2,362.6 2,339.6 2,329.4 20 Large time 378.5 389.9 390.7 383.0 386.0 385.9 398.1 412.3 410.4 407.7 403.8 400.0 21 Other 1,778.5 1,836.3 1,852.6 1,861.0 1,883.6 1,893.3 1,908.9 1,938.2 1,967.6 1,954.8 1,935.8 1,929.4 22 Borrowings 655.3 704.1 700.9 694.6 687.2 711.7 744.9 783.1 792.4 798.9 798.3 807.9 23 From banks in the U.S. 272.0 260.9 261.3 263.6 266.2 270.1 279.9 287.9 295.6 294.2 292.4 299.8 24 From others 383.3 443.2 439.6 431.0 421.0 441.6 465.1 495.2 496.7 504.8 505.9 508.1 25 Net due to related foreign offices 64.0 80.9 80.1 84.9 96.7 106.8 115.5 113.7 119.6 108.7 108.9 108.9 26 Other liabilities 184.2 211.7 217.9 224.0 226.6 230.5 241.5 225.2 220.1 227.7 231.4 230.5 27 TOTAL LIABILITIES 3,754.7 3,887.6 3,909.2 3,896.1 3,922.7 3,985.4 4,058.5 4,139.5 4,155.0 4,179.5 4,183.4 4,207.6 28 Residual (assets less liabilities) (7) 406.9 400.4 404.9 414.1 419.8 424.6 428.4 429.7 431.6 431.3 425.6 434.9 MEMO 29 Reval. gains on off-bal. sheet items (8) 41.2 45.6 50.5 51.0 51.9 61.7 78.7 62.7 68.3 73.0 69.5 60.5 30 Reval. losses on off-bal. sheet items (8) 43.3 46.3 50.1 50.4 54.2 65.1 80.5 65.1 69.1 73.2 71.9 63.5 31 Mortgage-backed securities (9) 275.1 298.0 291.2 294.4 301.9 314.0 337.2 346.4 347.7 343.1 343.9 347.4 ------------------------------------------------- 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 January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,157.2 2,276.7 2,274.6 2,274.3 2,305.1 2,336.1 2,394.9 2,411.6 2,438.6 2,433.4 2,436.9 2,421.2 2 Securities in bank credit 485.9 528.2 519.8 521.8 532.5 547.3 572.8 569.3 578.1 580.3 582.1 567.2 3 U.S. government securities 350.2 371.2 357.2 355.7 361.6 368.1 372.0 380.0 377.9 369.2 376.6 380.7 3a Trading account 26.7 23.3 23.4 20.4 21.3 22.0 20.9 23.4 22.6 21.3 25.8 26.8 3b Investment account 323.5 347.9 333.8 335.3 340.3 346.1 351.1 356.6 355.3 348.0 350.8 353.9 4 Other securities 135.7 157.0 162.7 166.1 170.9 179.2 200.8 189.3 200.2 211.0 205.5 186.4 4a Trading account 63.4 75.6 79.5 81.1 83.1 89.5 109.1 92.5 99.7 109.4 103.8 84.9 4b Investment account 72.4 81.4 83.2 85.0 87.7 89.8 91.7 96.8 100.6 101.7 101.7 101.5 4c State and local government 22.3 22.8 22.2 22.4 22.6 23.2 23.9 24.6 24.8 25.0 25.0 25.1 4d Other 50.1 58.6 60.9 62.6 65.1 66.6 67.8 72.2 75.8 76.7 76.8 76.4 5 Loans and leases in bank credit (2) 1,671.3 1,748.5 1,754.8 1,752.5 1,772.6 1,788.8 1,822.0 1,842.2 1,860.5 1,853.1 1,854.8 1,854.1 6 Commercial and industrial 450.2 488.8 495.9 497.4 502.7 508.7 521.2 527.9 530.1 531.4 532.5 531.9 6a Bankers acceptances 1.3 1.3 1.2 1.3 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.2 6b Other 448.9 487.6 494.6 496.1 501.5 507.4 520.0 526.7 528.9 530.2 531.2 530.6 7 Real estate 677.4 697.6 691.0 686.2 687.4 685.1 685.8 697.9 712.2 700.6 698.6 702.7 8 Revolving home equity 68.8 69.7 69.2 68.7 68.6 68.8 68.0 67.7 67.6 67.7 67.4 67.2 9 Other 608.7 627.9 621.8 617.5 618.8 616.3 617.8 630.2 644.6 632.8 631.1 635.4 10 Consumer 304.9 304.5 300.5 295.1 296.2 299.2 300.2 300.8 301.0 301.4 301.4 303.6 11 Security (3) 52.2 56.3 61.7 63.9 67.4 68.9 81.3 80.8 78.9 79.1 82.5 76.5 11a Fed funds and RPs with broker/dealer 35.9 37.7 42.9 44.9 48.0 50.1 63.3 63.5 62.1 63.6 66.5 59.7 11b Other 16.4 18.6 18.9 19.0 19.4 18.8 18.0 17.3 16.8 15.5 16.0 16.9 12a State and local government 12.0 11.3 11.3 11.1 11.5 11.6 11.6 11.9 11.6 11.6 11.5 11.6 12b Agricultural 10.0 10.1 10.1 9.9 9.9 9.9 9.9 10.0 10.1 10.1 10.2 10.2 12c Fed funds and RPs with others 9.3 5.8 5.6 8.9 9.9 12.3 12.9 12.3 14.5 17.8 15.2 17.8 12d All other loans 74.6 79.9 83.6 83.7 88.8 93.0 97.8 97.8 97.9 96.5 96.3 93.1 12e Lease financing receivables 80.7 94.2 95.1 96.3 98.7 100.0 101.4 102.8 104.1 104.7 106.6 106.7 13 Interbank loans 126.1 118.6 128.4 123.6 115.4 117.2 118.5 118.7 118.3 123.4 119.7 122.2 13a Fed funds and RPs with banks 86.6 67.1 76.9 69.8 62.2 63.9 73.2 74.9 73.4 77.4 70.7 71.9 13b Other 39.6 51.5 51.6 53.8 53.2 53.3 45.3 43.9 44.9 46.0 49.0 50.3 14 Cash assets (4) 169.8 150.4 149.1 143.6 151.0 151.1 140.8 147.8 156.6 138.6 154.8 137.4 15 Other assets (5) 190.9 217.8 214.8 212.3 211.4 210.8 202.1 205.7 200.6 206.1 206.2 210.4 16 TOTAL ASSETS (6) 2,606.6 2,725.3 2,729.0 2,716.0 2,745.5 2,777.8 2,818.4 2,845.9 2,876.5 2,863.8 2,879.8 2,853.2 ------------------------------------------------- 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) January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,612.7 1,648.7 1,645.8 1,621.6 1,629.3 1,629.7 1,641.0 1,666.1 1,670.4 1,667.9 1,687.5 1,659.0 18 Transaction 396.4 390.0 383.9 368.4 370.0 373.7 367.2 368.3 357.5 358.4 383.7 371.8 19 Nontransaction 1,216.2 1,258.7 1,261.9 1,253.2 1,259.4 1,256.0 1,273.8 1,297.8 1,312.9 1,309.5 1,303.7 1,287.2 20 Large time 214.0 221.6 223.0 216.6 215.4 210.3 221.3 230.3 230.2 230.8 229.5 227.5 21 Other 1,002.2 1,037.2 1,039.0 1,036.6 1,044.0 1,045.7 1,052.5 1,067.5 1,082.7 1,078.7 1,074.2 1,059.7 22 Borrowings 510.1 541.2 531.7 525.4 530.3 543.1 576.7 609.5 630.5 620.3 613.0 624.8 23 From banks in the U.S. 203.6 190.9 188.5 190.2 197.1 198.0 207.0 208.1 212.9 207.4 203.8 213.2 24 From others 306.5 350.3 343.2 335.2 333.2 345.1 369.7 401.4 417.6 412.9 409.2 411.6 25 Net due to related foreign offices 62.9 69.4 69.5 75.6 89.1 101.3 113.0 114.0 120.4 110.8 110.3 111.7 26 Other liabilities 156.8 182.3 188.8 194.9 196.8 200.5 210.6 193.6 188.8 196.1 200.1 198.1 27 TOTAL LIABILITIES 2,342.5 2,441.7 2,435.9 2,417.5 2,445.6 2,474.7 2,541.2 2,583.2 2,610.1 2,595.2 2,610.9 2,593.7 28 Residual (assets less liabilities) (7) 264.1 283.6 293.1 298.4 299.9 303.1 277.1 262.7 266.4 268.6 268.8 259.5 ------------------------------------------------- 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 January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,170.7 2,263.0 2,268.2 2,267.3 2,289.5 2,326.0 2,399.3 2,428.3 2,445.6 2,445.4 2,440.0 2,439.8 2 Securities in bank credit 492.2 524.8 516.5 514.8 520.8 539.3 571.8 577.6 582.5 578.4 576.7 570.2 3 U.S. government securities 353.3 372.0 356.9 353.4 356.8 363.4 371.1 383.1 382.4 371.5 374.1 376.6 3a Trading account 28.0 22.5 22.5 19.9 21.2 21.9 21.9 24.6 24.5 21.9 24.2 23.4 3b Investment account 325.3 349.4 334.4 333.6 335.6 341.5 349.2 358.6 357.9 349.5 349.9 353.2 3c Mortgage-backed 212.2 226.3 217.7 219.1 225.9 236.5 255.3 258.0 256.6 250.6 251.4 252.9 3d Other 113.1 123.1 116.7 114.5 109.7 105.0 93.9 100.5 101.3 98.9 98.5 100.3 3e 1 year or less 31.4 31.6 31.6 30.4 29.0 27.7 26.1 27.2 27.0 25.7 26.2 26.9 3f Between 1 and 5 years 57.2 52.5 49.2 52.1 48.9 44.2 37.2 38.2 38.7 38.3 38.4 38.2 3g More than 5 years 24.5 39.0 35.9 31.9 31.8 33.0 30.6 35.2 35.6 34.9 33.8 35.3 4 Other securities 138.8 152.8 159.6 161.3 164.0 175.9 200.7 194.5 200.1 207.0 202.6 193.7 4a Trading account 65.6 72.1 76.7 77.0 76.8 86.4 108.8 96.4 98.2 104.3 100.1 91.2 4b Investment account 73.2 80.7 82.9 84.3 87.2 89.4 91.9 98.0 101.9 102.7 102.5 102.4 4c State and local government 22.3 22.7 22.4 22.3 22.7 23.2 24.0 24.6 24.8 25.0 25.0 25.1 4d Other 50.9 58.0 60.6 62.1 64.6 66.2 67.9 73.4 77.1 77.8 77.5 77.3 5 Loans and leases in bank credit (2) 1,678.5 1,738.2 1,751.7 1,752.6 1,768.7 1,786.8 1,827.5 1,850.7 1,863.1 1,867.0 1,863.3 1,869.5 6 Commercial and industrial 450.3 492.4 497.0 497.5 499.3 505.7 521.0 528.0 524.8 528.8 530.5 531.7 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 448.9 491.2 495.7 496.2 498.1 504.4 519.7 526.7 523.4 527.4 529.1 530.4 7 Real estate 681.4 689.8 688.2 688.5 690.7 688.4 689.8 702.1 716.9 704.1 698.7 703.8 8 Revolving home equity 69.4 69.2 69.0 68.9 68.9 69.4 68.6 68.4 68.0 68.1 67.5 67.6 9a Other residential 373.5 382.5 382.2 382.8 384.5 380.6 382.6 393.6 409.7 395.9 390.4 395.0 9b Commercial 238.5 238.1 237.0 236.8 237.3 238.4 238.6 240.1 239.1 240.1 240.7 241.2 10 Consumer 305.8 300.5 299.3 294.8 297.8 301.2 301.1 301.7 302.3 305.0 305.6 310.5 11 Security (3) 53.2 56.3 61.9 62.3 63.7 65.8 81.7 82.3 81.1 83.6 84.4 75.6 11a Fed funds and RPs with broker/dealer 36.7 37.7 42.6 43.9 45.1 47.6 63.7 64.9 64.7 66.5 66.7 57.8 11b Other 16.5 18.7 19.3 18.5 18.6 18.3 18.0 17.3 16.4 17.0 17.7 17.8 12a State and local government 12.1 11.2 11.2 11.1 11.5 11.6 11.7 12.0 11.8 11.7 11.7 11.7 12b Agricultural 10.1 9.9 10.1 10.3 10.3 10.2 10.1 10.1 10.0 10.0 10.1 10.4 12c Fed funds and RPs with others 9.3 5.8 5.6 8.9 9.9 12.3 12.9 12.3 14.5 17.8 15.2 17.8 12d All other loans 75.7 78.7 83.8 83.4 88.1 92.5 98.3 99.3 97.9 101.4 100.5 100.2 12e Lease financing receivables 80.7 93.5 94.7 95.8 97.5 98.9 101.0 102.8 104.0 104.6 106.7 107.9 13 Interbank loans 128.0 118.0 128.9 122.6 112.9 116.0 115.7 120.8 119.4 131.7 122.4 129.8 13a Fed funds and RPs with banks 88.2 66.8 77.2 69.1 60.4 63.4 70.6 76.6 74.1 84.7 71.9 77.3 13b Other 39.8 51.2 51.7 53.5 52.4 52.7 45.1 44.3 45.3 47.1 50.5 52.6 14 Cash assets (4) 176.5 146.4 144.0 140.0 140.9 149.6 144.4 153.9 151.3 154.8 162.5 171.7 15 Other assets (5) 190.9 217.8 214.8 212.3 211.4 210.8 202.1 205.7 200.6 206.1 206.2 210.4 16 TOTAL ASSETS (6) 2,628.5 2,707.2 2,717.9 2,704.3 2,717.0 2,764.6 2,823.5 2,870.6 2,879.0 2,900.0 2,893.2 2,913.8 ------------------------------------------------- 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) January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,624.8 1,629.0 1,639.5 1,621.6 1,626.9 1,635.8 1,647.2 1,679.3 1,676.9 1,696.1 1,692.3 1,702.4 18 Transaction 403.0 380.6 380.5 366.2 360.8 370.6 364.9 375.0 356.7 385.5 398.8 423.8 19 Nontransaction 1,221.9 1,248.4 1,259.0 1,255.4 1,266.1 1,265.2 1,282.3 1,304.4 1,320.2 1,310.7 1,293.5 1,278.6 20 Large time 218.5 219.8 220.6 215.5 217.8 213.7 224.7 235.4 234.2 232.4 228.1 224.4 21 Other 1,003.4 1,028.6 1,038.4 1,039.9 1,048.4 1,051.5 1,057.6 1,069.0 1,086.0 1,078.3 1,065.4 1,054.2 22 Borrowings 508.0 546.4 541.1 529.9 522.1 543.2 572.4 605.8 612.2 617.2 612.4 621.1 23 From banks in the U.S. 204.8 191.5 190.9 190.2 192.4 195.7 203.5 209.5 214.6 212.6 209.5 216.3 24 From others 303.2 355.0 350.1 339.7 329.7 347.5 369.0 396.3 397.6 404.5 402.8 404.8 25 Net due to related foreign offices 59.0 77.1 76.2 81.2 92.9 103.0 110.9 110.1 116.0 105.5 105.2 105.2 26 Other liabilities 156.8 182.3 188.8 194.9 196.8 200.5 210.6 193.6 188.8 196.1 200.1 198.1 27 TOTAL LIABILITIES 2,348.6 2,434.9 2,445.6 2,427.6 2,438.8 2,482.5 2,541.1 2,588.8 2,593.8 2,614.9 2,610.0 2,626.7 28 Residual (assets less liabilities) (7) 279.8 272.3 272.3 276.7 278.2 282.1 282.4 281.9 285.2 285.2 283.2 287.1 MEMO 29 Reval. gains on off-bal. sheet items (8) 41.2 45.6 50.5 51.0 51.9 61.7 78.7 62.7 68.3 73.0 69.5 60.5 30 Reval. losses on off-bal. sheet items (8) 43.3 46.3 50.1 50.4 54.2 65.1 80.5 65.1 69.1 73.2 71.9 63.5 31 Mortgage-backed securities (9) 230.6 247.9 239.9 242.6 249.3 260.1 280.4 287.1 287.4 281.6 281.9 285.4 31a Pass-through 155.6 165.6 157.7 157.8 161.1 167.1 189.3 196.6 197.2 193.1 194.2 194.8 31b CMO, REMIC, and other 75.0 82.3 82.2 84.8 88.2 93.0 91.1 90.5 90.2 88.5 87.7 90.5 32 Net unrealized gains (losses) on 2.3 2.8 3.2 3.5 3.1 3.7 4.4 3.1 3.1 3.0 3.0 2.9 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 34.4 36.0 36.1 35.3 35.6 36.8 38.5 39.1 37.3 37.6 39.8 39.8 ------------------------------------------------- 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 January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,368.6 1,409.0 1,420.0 1,435.2 1,448.7 1,457.4 1,473.4 1,497.5 1,512.7 1,515.8 1,516.6 1,521.5 2 Securities in bank credit 397.8 400.7 401.6 407.8 411.7 414.0 423.5 433.9 439.8 440.9 442.4 444.1 3 U.S. government securities 313.1 311.8 311.2 314.1 315.8 317.0 322.5 329.4 332.7 334.1 335.2 336.3 4 Other securities 84.7 89.0 90.4 93.6 95.9 97.0 101.0 104.4 107.1 106.8 107.2 107.8 5 Loans and leases in bank credit (2) 970.8 1,008.3 1,018.5 1,027.4 1,037.1 1,043.4 1,049.9 1,063.7 1,072.9 1,074.9 1,074.2 1,077.4 6 Commercial and industrial 174.8 183.0 185.0 186.6 189.7 191.9 193.7 195.5 197.1 197.3 197.6 197.8 7 Real estate 522.7 549.4 555.7 562.0 569.3 572.9 577.8 587.6 593.7 594.4 596.0 597.9 8 Revolving home equity 28.0 28.3 28.6 28.8 28.9 28.9 28.8 29.3 29.5 29.5 29.3 29.3 9 Other 494.7 521.1 527.2 533.2 540.4 544.0 549.0 558.4 564.2 564.9 566.7 568.6 10 Consumer 202.0 200.4 200.8 201.3 199.4 199.6 199.1 200.7 201.7 204.2 203.3 204.5 11 Security (3) 5.2 5.7 6.0 6.0 6.2 6.4 6.6 6.8 6.8 6.5 6.2 6.1 12 Other loans and leases 66.2 69.8 71.0 71.5 72.4 72.4 72.7 73.1 73.6 72.6 71.1 71.1 13 Interbank loans 51.0 62.7 66.0 68.9 71.3 74.7 74.5 72.0 66.7 65.3 66.0 64.8 14 Cash assets (4) 68.4 65.6 66.4 64.9 67.0 67.6 67.0 68.7 69.3 67.3 72.0 63.4 15 Other assets (5) 58.4 60.5 63.7 62.8 64.5 67.4 69.7 73.9 75.3 75.1 77.6 83.6 16 TOTAL ASSETS (6) 1,527.4 1,578.6 1,596.8 1,612.2 1,631.7 1,647.1 1,664.6 1,692.0 1,703.7 1,703.2 1,711.8 1,712.9 L I A B I L I T I E S 17 Deposits 1,219.9 1,261.4 1,274.2 1,276.7 1,291.8 1,304.1 1,311.5 1,331.8 1,340.7 1,341.0 1,350.7 1,344.0 18 Transaction 286.9 286.3 288.1 285.2 286.1 288.8 286.5 288.0 284.3 286.1 300.3 287.2 19 Nontransaction 933.0 975.2 986.1 991.5 1,005.8 1,015.3 1,025.0 1,043.9 1,056.4 1,054.9 1,050.4 1,056.8 20 Large time 160.1 170.1 170.1 167.5 168.2 172.2 173.4 176.9 176.2 175.4 175.7 175.6 21 Other 772.9 805.0 816.0 824.0 837.6 843.1 851.5 867.0 880.2 879.5 874.7 881.1 22 Borrowings 147.7 157.3 159.4 164.7 163.8 165.1 171.9 177.8 183.0 180.9 181.4 185.3 23 From banks in the U.S. 68.2 68.7 69.9 73.2 73.0 73.3 76.9 79.5 82.7 81.6 81.1 82.9 24 From others 79.5 88.6 89.6 91.4 90.8 91.8 95.0 98.3 100.3 99.3 100.3 102.5 25 Net due to related foreign offices 5.0 3.8 3.9 3.7 3.7 3.7 4.7 3.6 3.6 3.2 3.7 3.7 26 Other liabilities 27.4 29.3 29.1 29.1 29.7 30.0 30.9 31.6 31.4 31.6 31.3 32.4 27 TOTAL LIABILITIES 1,400.0 1,451.9 1,466.6 1,474.2 1,489.1 1,502.9 1,518.9 1,544.8 1,558.7 1,556.7 1,567.2 1,565.5 28 Residual (assets less liabilities) (7) 127.4 126.6 130.2 138.0 142.6 144.2 145.7 147.2 145.0 146.5 144.7 147.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 10 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,368.0 1,416.1 1,424.8 1,433.3 1,448.3 1,459.5 1,473.2 1,496.8 1,510.0 1,515.3 1,521.0 1,524.4 2 Securities in bank credit 394.7 404.9 404.7 406.4 410.6 413.3 420.5 430.6 436.5 438.5 442.0 443.2 3 U.S. government securities 310.3 315.0 313.9 312.8 315.0 316.6 320.2 326.6 330.2 332.3 334.9 335.2 4 Other securities 84.4 89.9 90.8 93.6 95.7 96.7 100.2 104.0 106.2 106.2 107.1 107.9 5 Loans and leases in bank credit (2) 973.3 1,011.2 1,020.1 1,026.9 1,037.7 1,046.3 1,052.7 1,066.2 1,073.5 1,076.8 1,079.0 1,081.2 6 Commercial and industrial 173.6 185.6 186.7 186.4 188.2 190.5 192.0 194.2 195.8 196.4 197.6 198.1 7 Real estate 524.6 551.1 556.4 562.0 569.7 574.6 580.2 589.8 594.6 595.4 597.4 598.7 8 Revolving home equity 28.1 28.4 28.5 28.6 28.7 29.0 29.0 29.3 29.4 29.4 29.3 29.3 9 Other 496.5 522.6 527.9 533.4 541.0 545.5 551.2 560.4 565.2 566.1 568.1 569.4 10 Consumer 203.6 199.1 199.2 199.6 199.5 200.5 200.0 202.3 203.2 206.1 206.9 207.0 11 Security (3) 5.2 5.7 6.0 6.0 6.2 6.4 6.6 6.8 6.8 6.5 6.2 6.1 12 Other loans and leases 66.2 69.7 71.9 72.8 74.0 74.3 73.8 73.2 73.1 72.3 70.8 71.3 13 Interbank loans 54.4 59.0 62.2 63.6 66.8 70.2 73.5 76.3 76.3 70.7 67.8 65.8 14 Cash assets (4) 70.9 65.5 65.5 64.2 64.7 66.9 66.9 71.0 67.7 70.8 72.7 72.9 15 Other assets (5) 58.9 59.6 63.0 64.5 65.6 68.6 69.8 74.5 73.9 74.3 74.7 85.9 16 TOTAL ASSETS (6) 1,533.2 1,580.8 1,596.2 1,605.9 1,625.5 1,645.3 1,663.4 1,698.5 1,707.6 1,710.8 1,715.8 1,728.6 L I A B I L I T I E S 17 Deposits 1,226.4 1,261.9 1,270.9 1,271.1 1,285.3 1,300.6 1,309.4 1,338.2 1,346.1 1,348.1 1,352.5 1,357.9 18 Transaction 291.3 284.2 286.6 282.5 281.8 286.6 284.7 292.1 288.3 296.2 306.4 307.1 19 Nontransaction 935.2 977.8 984.3 988.6 1,003.5 1,014.1 1,024.8 1,046.1 1,057.8 1,051.9 1,046.1 1,050.8 20 Large time 160.1 170.1 170.1 167.5 168.2 172.2 173.4 176.9 176.2 175.4 175.7 175.6 21 Other 775.1 807.7 814.2 821.1 835.3 841.8 851.4 869.2 881.6 876.5 870.4 875.1 22 Borrowings 147.3 157.6 159.9 164.7 165.1 168.5 172.5 177.3 180.2 181.8 185.9 186.8 23 From banks in the U.S. 67.2 69.4 70.4 73.4 73.8 74.4 76.4 78.4 81.1 81.6 82.9 83.5 24 From others 80.0 88.2 89.5 91.3 91.4 94.2 96.1 98.9 99.1 100.2 103.0 103.3 25 Net due to related foreign offices 5.0 3.8 3.9 3.7 3.7 3.7 4.7 3.6 3.6 3.2 3.7 3.7 26 Other liabilities 27.4 29.3 29.1 29.1 29.7 30.0 30.9 31.6 31.4 31.6 31.3 32.4 27 TOTAL LIABILITIES 1,406.1 1,452.7 1,463.7 1,468.6 1,483.9 1,502.9 1,517.5 1,550.7 1,561.2 1,564.6 1,573.4 1,580.8 28 Residual (assets less liabilities) (7) 127.1 128.1 132.6 137.4 141.7 142.5 146.0 147.8 146.4 146.2 142.4 147.8 MEMO 31 Mortgage-backed securities (9) 44.5 50.1 51.3 51.8 52.6 53.9 56.8 59.3 60.3 61.5 62.0 62.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 11 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 547.7 564.1 568.2 573.0 590.4 606.7 628.2 624.0 619.4 616.4 595.5 587.8 2 Securities in bank credit 191.3 197.1 200.2 200.7 211.3 214.1 220.2 223.0 220.8 217.2 214.3 213.5 3 U.S. government securities 79.5 89.1 88.5 90.6 93.2 81.3 78.7 79.5 79.3 80.4 80.9 82.0 4 Other securities 111.8 108.0 111.6 110.0 118.1 132.8 141.4 143.5 141.5 136.8 133.4 131.6 5 Loans and leases in bank credit (2) 356.4 366.9 368.0 372.4 379.1 392.6 408.0 401.0 398.6 399.2 381.1 374.3 6 Commercial and industrial 220.5 210.7 211.9 214.9 215.9 220.0 227.0 226.8 228.9 225.0 216.7 211.3 7 Real estate 26.6 24.4 24.2 23.8 23.7 23.3 22.9 21.7 20.8 20.4 19.9 19.8 11 Security (3) 42.3 61.2 62.5 62.6 65.5 69.1 71.6 66.8 66.2 69.0 69.0 67.2 12 Other loans and leases 67.0 70.7 69.4 71.0 74.0 80.2 86.4 85.6 82.7 84.9 75.5 75.9 13 Interbank loans 23.6 21.8 24.0 22.1 22.6 31.4 29.9 31.2 23.1 28.3 38.1 37.5 14 Cash assets (4) 34.9 34.8 34.8 35.0 33.9 34.2 35.6 33.7 34.7 35.6 32.4 33.3 15 Other assets (5) 46.1 34.1 33.8 34.1 35.8 38.0 39.4 36.7 38.6 41.8 39.7 38.3 16 TOTAL ASSETS (6) 652.1 654.5 660.5 664.1 682.4 710.0 732.9 725.3 715.6 721.8 705.4 696.7 L I A B I L I T I E S 17 Deposits 272.8 295.3 303.2 298.1 307.0 315.7 320.5 317.1 314.9 311.7 305.9 307.8 18 Transaction 10.3 11.5 11.1 13.6 12.0 15.0 14.8 12.0 10.2 10.7 11.0 10.1 19 Nontransaction 262.6 283.7 292.0 284.5 295.0 300.7 305.8 305.1 304.8 301.0 295.0 297.8 22 Borrowings 156.3 163.4 167.2 169.8 169.8 184.1 193.8 193.8 184.7 194.7 188.5 183.5 23 From banks in the U.S. 29.0 22.4 29.6 26.6 23.8 32.3 35.5 36.9 30.4 37.1 31.0 25.8 24 From others 127.3 141.0 137.6 143.2 146.0 151.8 158.2 156.9 154.3 157.7 157.5 157.6 25 Net due to related foreign offices 117.1 101.1 97.2 107.0 108.5 95.2 106.0 99.2 102.0 99.4 97.4 90.7 26 Other liabilities 96.1 87.4 89.9 93.4 99.1 103.8 107.0 102.1 103.0 105.3 97.7 97.5 27 TOTAL LIABILITIES 642.3 647.2 657.5 668.3 684.5 698.8 727.3 712.3 704.7 711.1 689.6 679.5 28 Residual (assets less liabilities) (7) 9.8 7.3 3.0 -4.2 -2.0 11.1 5.5 13.0 10.9 10.7 15.8 17.1 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 12 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars January 8, 1999 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Nov May Jun Jul Aug Sep Oct Nov Dec 9 Dec 16 Dec 23 Dec 30 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 542.5 565.7 571.2 575.8 592.8 601.6 627.6 616.4 612.5 614.5 595.0 593.4 2 Securities in bank credit 187.7 201.1 203.3 203.4 215.6 210.8 220.5 217.7 217.5 214.6 208.7 209.3 3 U.S. government securities 80.6 89.7 88.6 90.3 94.0 81.2 79.3 80.4 80.3 80.3 79.6 80.8 3a Trading account 16.0 20.8 20.0 25.1 30.7 20.2 16.0 13.8 13.8 14.9 15.0 16.2 3b Investment account 64.6 68.9 68.6 65.2 63.3 61.1 63.3 66.6 66.5 65.4 64.6 64.6 4 Other securities 107.1 111.4 114.8 113.1 121.6 129.6 141.3 137.3 137.2 134.2 129.1 128.5 4a Trading account 62.6 66.7 70.1 70.1 75.3 83.4 89.6 82.3 81.9 78.7 74.5 74.8 4b Investment account 44.4 44.7 44.6 43.0 46.3 46.2 51.7 55.0 55.3 55.5 54.6 53.8 5 Loans and leases in bank credit (2) 354.8 364.6 367.9 372.4 377.3 390.7 407.0 398.7 395.0 399.9 386.3 384.1 6 Commercial and industrial 220.2 210.1 211.8 214.7 214.8 218.9 226.9 226.5 226.6 224.5 218.8 215.7 7 Real estate 26.9 24.3 24.0 23.6 23.5 23.3 23.2 21.9 21.0 20.4 19.9 19.9 11 Security (3) 42.2 60.6 62.4 61.9 64.6 68.8 71.8 66.6 66.0 70.4 70.6 69.6 12 Other loans and leases 65.5 69.6 69.7 72.2 74.3 79.7 85.2 83.7 81.4 84.7 76.9 78.9 13 Interbank loans 23.6 21.8 24.0 22.1 22.6 31.4 29.9 31.2 23.1 28.3 38.1 37.5 14 Cash assets (4) 35.7 34.4 35.7 34.9 34.0 34.3 35.9 34.6 35.8 37.4 34.4 35.2 15 Other assets (5) 46.8 34.5 33.0 33.7 36.6 38.0 38.4 37.2 40.3 42.8 39.7 38.2 16 TOTAL ASSETS (6) 648.3 656.1 663.7 666.4 685.8 704.9 731.5 719.1 711.5 722.7 707.0 704.0 L I A B I L I T I E S 17 Deposits 272.3 298.0 304.9 296.3 305.7 317.3 320.0 316.1 316.3 314.0 311.6 312.9 18 Transaction 10.2 11.2 11.2 13.7 12.0 15.7 14.8 11.9 10.2 11.3 11.6 10.9 19 Nontransaction 262.1 286.8 293.8 282.6 293.7 301.6 305.2 304.2 306.2 302.7 300.1 301.9 22 Borrowings 156.3 163.4 167.2 169.8 169.8 184.1 193.8 193.8 184.7 194.7 188.5 183.5 23 From banks in the U.S. 29.0 22.4 29.6 26.6 23.8 32.3 35.5 36.9 30.4 37.1 31.0 25.8 24 From others 127.3 141.0 137.6 143.2 146.0 151.8 158.2 156.9 154.3 157.7 157.5 157.6 25 Net due to related foreign offices 117.7 102.1 96.5 103.5 105.2 93.6 105.0 99.9 100.3 102.4 103.3 103.3 26 Other liabilities 97.7 86.9 89.1 92.7 99.1 103.5 106.7 103.5 104.3 106.2 98.3 98.5 27 TOTAL LIABILITIES 644.1 650.4 657.7 662.2 679.8 698.5 725.5 713.3 705.6 717.4 701.8 698.2 28 Residual (assets less liabilities) (7) 4.2 5.7 5.9 4.1 6.0 6.4 6.0 5.8 5.8 5.3 5.1 5.8 MEMO 29 Reval. gains on off-bal. sheet items (8) 43.0 40.3 42.2 41.7 43.8 48.3 51.4 47.3 50.4 50.2 44.3 44.9 30 Reval. losses on off-bal. sheet items (8) 42.1 38.7 40.6 40.2 42.3 45.5 47.7 44.3 47.3 47.0 41.5 42.3 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 January 8, 1999 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.