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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,185.0 4,341.5 4,398.7 4,488.1 4,528.9 4,548.7 4,523.4 4,508.0 4,501.3 4,505.7 4,496.6 4,488.8 2 Securities in bank credit 1,112.9 1,156.5 1,177.1 1,217.9 1,227.6 1,235.8 1,217.5 1,207.3 1,202.1 1,212.4 1,204.6 1,193.1 3 U.S. government securities 769.6 771.1 767.3 774.5 790.9 793.0 795.2 794.0 792.1 798.4 797.9 795.6 4 Other securities 343.2 385.4 409.7 443.4 436.7 442.8 422.3 413.3 410.1 413.9 406.8 397.5 5 Loans and leases in bank credit (2) 3,072.1 3,185.0 3,221.6 3,270.2 3,301.3 3,312.9 3,306.0 3,300.7 3,299.1 3,293.3 3,292.0 3,295.7 6 Commercial and industrial 873.3 907.4 919.7 939.2 947.7 945.4 942.5 942.1 940.7 942.5 944.4 940.4 7 Real estate 1,249.2 1,281.5 1,283.7 1,287.9 1,309.4 1,323.2 1,328.1 1,331.5 1,332.0 1,326.9 1,330.1 1,337.5 8 Revolving home equity 98.1 97.6 97.9 96.7 97.0 96.9 96.5 96.4 96.4 96.4 96.4 96.5 9 Other 1,151.0 1,183.9 1,185.8 1,191.2 1,212.3 1,226.3 1,231.6 1,235.1 1,235.6 1,230.5 1,233.7 1,241.1 10 Consumer 501.6 494.5 497.4 496.8 498.9 501.8 504.0 504.2 503.4 505.3 503.6 502.9 11 Security (3) 119.3 137.7 142.9 158.9 152.5 151.2 147.3 137.7 139.5 135.4 126.6 127.3 12 Other loans and leases 328.8 363.9 378.0 387.4 392.8 391.3 384.2 385.2 383.4 383.2 387.1 387.5 13 Interbank loans 201.1 206.2 220.0 220.7 220.2 215.3 217.6 221.9 220.1 232.5 218.4 221.4 14 Cash assets (4) 264.6 251.6 253.3 243.2 249.7 250.2 263.5 259.7 263.9 249.2 257.6 267.6 15 Other assets (5) 301.1 318.1 323.3 322.5 326.8 328.8 333.7 340.5 339.4 340.3 340.7 337.5 16 TOTAL ASSETS (6) 4,895.0 5,060.2 5,137.8 5,216.6 5,267.5 5,284.8 5,280.1 5,271.6 5,266.2 5,269.2 5,254.6 5,256.8 L I A B I L I T I E S 17 Deposits 3,159.2 3,221.7 3,244.2 3,268.0 3,311.0 3,319.2 3,339.1 3,342.4 3,357.2 3,320.4 3,368.5 3,344.9 18 Transaction 689.2 665.3 675.1 666.0 666.5 666.2 663.0 656.8 674.1 653.7 655.5 654.0 19 Nontransaction 2,470.0 2,556.4 2,569.2 2,602.0 2,644.5 2,653.1 2,676.1 2,685.6 2,683.1 2,666.6 2,712.9 2,690.9 20 Large time 660.8 680.3 685.8 697.3 708.9 701.9 712.8 715.9 714.9 716.6 718.3 714.7 21 Other 1,809.2 1,876.0 1,883.3 1,904.7 1,935.6 1,951.1 1,963.3 1,969.7 1,968.1 1,950.0 1,994.6 1,976.3 22 Borrowings 827.5 860.1 888.8 938.9 977.8 987.0 968.3 960.0 950.3 966.4 956.9 976.0 23 From banks in the U.S. 291.9 297.4 307.4 317.0 326.4 323.6 319.4 314.8 310.4 317.0 308.4 325.1 24 From others 535.6 562.7 581.4 621.9 651.4 663.4 648.9 645.3 639.9 649.4 648.4 650.9 25 Net due to related foreign offices 226.9 203.8 202.7 226.1 218.5 217.2 213.7 226.3 229.6 232.6 197.8 202.9 26 Other liabilities 304.0 334.9 344.2 358.8 341.3 342.1 342.6 324.9 313.3 326.6 318.1 310.8 27 TOTAL LIABILITIES 4,517.6 4,620.5 4,680.0 4,791.9 4,848.6 4,865.6 4,863.8 4,853.6 4,850.4 4,846.0 4,841.2 4,834.6 28 Residual (assets less liabilities) (7) 377.4 439.7 457.8 424.7 418.9 419.2 416.3 418.0 415.8 423.2 413.4 422.1 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,182.7 4,327.9 4,385.5 4,491.6 4,537.2 4,559.3 4,532.6 4,507.0 4,501.7 4,492.7 4,499.8 4,480.1 2 Securities in bank credit 1,116.6 1,147.9 1,164.9 1,214.2 1,227.1 1,230.9 1,219.9 1,212.5 1,206.5 1,212.6 1,210.4 1,198.3 3 U.S. government securities 768.5 766.2 762.2 771.9 792.1 791.6 792.6 793.4 791.0 795.8 798.5 797.9 4 Other securities 348.1 381.7 402.7 442.2 435.1 439.3 427.2 419.1 415.5 416.8 411.9 400.5 5 Loans and leases in bank credit (2) 3,066.1 3,180.0 3,220.7 3,277.4 3,310.0 3,328.4 3,312.8 3,294.5 3,295.1 3,280.1 3,289.4 3,281.7 6 Commercial and industrial 873.1 901.4 914.2 937.2 946.3 943.3 939.6 941.7 941.0 941.2 947.8 940.2 7 Real estate 1,243.9 1,285.1 1,288.7 1,294.6 1,316.0 1,326.8 1,328.0 1,325.4 1,325.9 1,317.8 1,323.0 1,331.9 8 Revolving home equity 97.7 97.8 98.6 97.5 97.7 97.2 96.7 96.0 96.0 95.8 95.7 95.6 9 Other 1,146.2 1,187.3 1,190.1 1,197.1 1,218.3 1,229.6 1,231.3 1,229.5 1,229.8 1,221.9 1,227.3 1,236.3 10 Consumer 501.1 496.2 500.2 498.6 501.4 508.1 510.8 503.8 503.5 503.7 499.4 496.6 11 Security (3) 120.9 133.2 139.5 159.3 153.8 154.1 147.6 139.5 141.4 136.6 131.4 128.3 12 Other loans and leases 327.1 364.2 378.1 387.6 392.5 396.1 386.7 384.1 383.4 380.8 387.8 384.8 13 Interbank loans 204.1 199.2 214.4 216.7 226.7 225.2 224.6 225.0 225.2 227.9 224.7 224.3 14 Cash assets (4) 264.7 239.3 251.2 247.0 258.9 268.5 274.2 259.1 276.4 254.5 253.1 254.6 15 Other assets (5) 302.2 320.0 324.5 321.7 327.8 328.9 331.6 341.1 339.8 340.3 343.4 338.7 16 TOTAL ASSETS (6) 4,897.0 5,028.9 5,117.8 5,219.1 5,292.5 5,323.7 5,305.2 5,273.9 5,284.9 5,257.2 5,262.4 5,239.0 L I A B I L I T I E S 17 Deposits 3,146.4 3,211.5 3,248.4 3,271.7 3,329.6 3,351.3 3,344.1 3,328.9 3,351.9 3,297.5 3,367.4 3,342.0 18 Transaction 682.5 651.9 670.4 662.0 677.1 700.0 674.6 650.2 677.3 642.3 653.9 642.7 19 Nontransaction 2,464.0 2,559.6 2,578.0 2,609.7 2,652.4 2,651.3 2,669.6 2,678.7 2,674.6 2,655.2 2,713.5 2,699.3 20 Large time 659.7 679.4 687.6 701.2 715.1 707.1 710.8 714.6 712.3 715.9 718.1 713.0 21 Other 1,804.2 1,880.2 1,890.5 1,908.5 1,937.3 1,944.2 1,958.7 1,964.0 1,962.3 1,939.2 1,995.3 1,986.3 22 Borrowings 828.0 852.8 892.0 934.9 973.6 982.1 974.7 959.3 955.0 961.8 949.7 955.2 23 From banks in the U.S. 292.8 293.4 306.3 313.0 326.7 327.7 323.0 315.5 313.3 316.3 307.3 319.7 24 From others 535.2 559.4 585.7 622.0 647.0 654.4 651.7 643.8 641.7 645.4 642.4 635.5 25 Net due to related foreign offices 225.4 203.6 202.3 223.7 216.6 218.3 215.4 225.8 229.1 235.8 194.6 194.6 26 Other liabilities 305.1 334.9 343.9 358.5 342.7 343.0 342.7 325.8 314.0 327.4 319.1 311.4 27 TOTAL LIABILITIES 4,505.0 4,602.8 4,686.6 4,788.9 4,862.4 4,894.8 4,876.9 4,839.8 4,849.9 4,822.5 4,830.9 4,803.2 28 Residual (assets less liabilities) (7) 391.9 426.1 431.2 430.2 430.1 428.9 428.4 434.1 434.9 434.7 431.6 435.8 MEMO 29 Reval. gains on off-bal. sheet items (8) 88.4 96.1 110.4 130.7 111.2 117.2 111.6 108.1 107.0 108.9 100.8 91.4 30 Reval. losses on off-bal. sheet items (8) 90.0 96.4 110.6 128.0 110.0 114.9 107.6 106.4 104.6 107.5 100.1 97.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 3 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,613.0 3,753.1 3,794.1 3,863.4 3,907.7 3,947.7 3,934.3 3,936.3 3,935.4 3,934.3 3,941.3 3,930.5 2 Securities in bank credit 915.3 944.0 961.6 995.8 1,002.7 1,019.0 998.7 997.3 996.7 1,001.3 1,000.7 987.9 3 U.S. government securities 684.1 677.0 685.1 694.3 710.4 712.0 711.1 711.7 711.4 715.1 716.8 713.6 4 Other securities 231.2 267.0 276.6 301.6 292.3 307.0 287.6 285.6 285.3 286.3 283.9 274.3 5 Loans and leases in bank credit (2) 2,697.7 2,809.0 2,832.5 2,867.5 2,905.0 2,928.7 2,935.6 2,939.0 2,938.7 2,933.0 2,940.6 2,942.6 6 Commercial and industrial 651.9 692.2 700.5 715.0 723.0 726.9 729.8 731.0 730.4 732.3 734.5 733.2 7 Real estate 1,222.1 1,257.6 1,260.2 1,264.6 1,287.3 1,302.5 1,307.2 1,310.7 1,311.3 1,306.2 1,309.8 1,317.0 8 Revolving home equity 98.1 97.6 97.9 96.7 97.0 96.9 96.5 96.4 96.4 96.4 96.4 96.5 9 Other 1,124.0 1,160.0 1,162.3 1,167.9 1,190.3 1,205.6 1,210.7 1,214.3 1,214.9 1,209.7 1,213.4 1,220.5 10 Consumer 501.6 494.5 497.4 496.8 498.9 501.8 504.0 504.2 503.4 505.3 503.6 502.9 11 Security (3) 63.0 73.5 75.2 89.3 87.6 85.4 84.0 78.7 79.7 77.6 75.9 75.5 12 Other loans and leases 259.1 291.1 299.2 301.8 308.2 312.1 310.7 314.3 313.9 311.7 316.7 313.9 13 Interbank loans 175.2 186.3 191.6 195.2 193.7 188.2 189.4 191.3 188.9 200.2 190.2 198.0 14 Cash assets (4) 231.4 217.8 219.3 207.8 216.2 216.3 228.6 225.5 230.4 213.0 224.3 231.2 15 Other assets (5) 259.8 282.4 285.4 283.2 290.2 289.7 295.5 303.1 301.8 303.6 302.6 299.5 16 TOTAL ASSETS (6) 4,222.7 4,382.6 4,433.3 4,492.1 4,550.0 4,584.0 4,589.9 4,598.0 4,598.2 4,592.9 4,599.9 4,600.9 L I A B I L I T I E S 17 Deposits 2,871.4 2,915.8 2,929.7 2,949.1 2,995.7 3,011.9 3,023.5 3,022.9 3,037.5 2,997.8 3,047.9 3,027.6 18 Transaction 677.7 653.1 659.8 650.8 654.1 655.5 650.7 643.4 659.6 639.9 642.5 641.4 19 Nontransaction 2,193.7 2,262.7 2,270.0 2,298.3 2,341.5 2,356.4 2,372.8 2,379.5 2,377.9 2,357.9 2,405.3 2,386.2 20 Large time 387.4 385.1 384.2 397.2 410.1 408.9 412.2 412.1 411.8 410.4 413.3 412.6 21 Other 1,806.3 1,877.7 1,885.7 1,901.1 1,931.4 1,947.6 1,960.6 1,967.5 1,966.1 1,947.5 1,992.1 1,973.6 22 Borrowings 683.1 694.7 709.9 753.6 792.2 807.7 798.4 797.0 788.4 806.8 795.6 813.1 23 From banks in the U.S. 268.7 276.1 278.2 286.3 294.3 296.4 297.0 295.9 292.4 300.1 287.9 301.8 24 From others 414.3 418.6 431.7 467.3 498.0 511.3 501.5 501.2 495.9 506.7 507.6 511.3 25 Net due to related foreign offices 87.9 93.6 105.6 116.9 116.3 115.0 114.5 124.9 125.6 134.8 105.5 104.8 26 Other liabilities 206.8 235.5 240.2 251.5 238.2 241.3 245.4 236.4 229.8 237.6 234.4 228.1 27 TOTAL LIABILITIES 3,849.1 3,939.7 3,985.4 4,071.2 4,142.4 4,175.9 4,181.8 4,181.3 4,181.3 4,177.0 4,183.3 4,173.7 28 Residual (assets less liabilities) (7) 373.6 443.0 447.9 420.9 407.6 408.1 408.0 416.7 416.9 415.9 416.6 427.2 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,611.0 3,737.1 3,786.2 3,867.6 3,923.7 3,959.9 3,947.4 3,935.6 3,935.5 3,924.1 3,941.4 3,922.6 2 Securities in bank credit 921.8 931.3 952.8 991.8 1,007.7 1,018.3 1,007.2 1,005.3 1,003.9 1,005.6 1,006.8 994.1 3 U.S. government securities 683.8 671.4 680.0 691.2 710.7 710.9 710.7 711.6 710.7 713.2 717.1 714.9 4 Other securities 238.1 259.9 272.8 300.7 297.0 307.4 296.5 293.8 293.2 292.4 289.6 279.2 5 Loans and leases in bank credit (2) 2,689.2 2,805.8 2,833.4 2,875.7 2,916.0 2,941.6 2,940.2 2,930.3 2,931.6 2,918.5 2,934.6 2,928.5 6 Commercial and industrial 650.6 687.3 696.0 713.1 721.9 724.0 726.0 729.6 728.6 730.4 736.8 733.8 7 Real estate 1,216.6 1,261.3 1,265.1 1,271.1 1,293.8 1,306.0 1,307.1 1,304.5 1,304.9 1,296.8 1,302.5 1,311.2 8 Revolving home equity 97.7 97.8 98.6 97.5 97.7 97.2 96.7 96.0 96.0 95.8 95.7 95.6 9 Other 1,118.9 1,163.6 1,166.6 1,173.5 1,196.0 1,208.8 1,210.4 1,208.5 1,208.9 1,201.0 1,206.7 1,215.6 10 Consumer 501.1 496.2 500.2 498.6 501.4 508.1 510.8 503.8 503.5 503.7 499.4 496.6 11 Security (3) 64.3 69.8 72.2 89.6 89.1 87.2 84.3 80.5 81.9 78.9 80.0 76.2 12 Other loans and leases 256.5 291.2 299.9 303.3 309.9 316.4 312.0 312.0 312.7 308.7 316.1 310.6 13 Interbank loans 178.2 179.2 186.0 191.3 200.2 198.1 196.4 194.5 193.9 195.6 196.5 200.9 14 Cash assets (4) 232.2 205.5 217.1 211.3 224.5 233.0 239.3 225.5 243.3 219.2 220.6 219.5 15 Other assets (5) 259.4 283.5 286.7 283.4 290.8 289.1 293.0 302.4 301.2 302.8 303.6 299.0 16 TOTAL ASSETS (6) 4,224.3 4,347.9 4,418.4 4,495.9 4,581.3 4,622.2 4,618.6 4,599.9 4,615.9 4,583.7 4,603.7 4,583.6 L I A B I L I T I E S 17 Deposits 2,860.8 2,906.9 2,932.3 2,953.3 3,015.2 3,040.9 3,030.7 3,011.5 3,036.1 2,976.0 3,047.4 3,025.4 18 Transaction 671.2 639.7 654.4 646.7 664.9 688.8 662.3 637.1 662.9 628.8 641.2 630.4 19 Nontransaction 2,189.7 2,267.2 2,277.9 2,306.6 2,350.3 2,352.0 2,368.4 2,374.4 2,373.1 2,347.3 2,406.1 2,395.0 20 Large time 387.7 387.4 387.7 400.6 415.2 409.3 411.2 411.9 412.4 409.6 412.4 410.2 21 Other 1,801.9 1,879.8 1,890.2 1,906.0 1,935.2 1,942.7 1,957.2 1,962.5 1,960.7 1,937.7 1,993.8 1,984.8 22 Borrowings 683.6 687.4 713.0 749.6 788.1 802.9 804.8 796.4 793.1 802.2 788.4 792.3 23 From banks in the U.S. 269.7 272.1 277.0 282.3 294.6 300.6 300.6 296.7 295.3 299.5 286.9 296.4 24 From others 414.0 415.3 436.0 467.3 493.5 502.3 504.2 499.7 497.8 502.7 501.6 495.9 25 Net due to related foreign offices 85.1 96.7 106.8 115.5 113.7 111.4 112.0 123.3 124.0 134.5 103.5 103.5 26 Other liabilities 206.8 235.5 240.2 251.5 238.2 241.3 245.4 236.4 229.8 237.6 234.4 228.1 27 TOTAL LIABILITIES 3,836.4 3,926.6 3,992.3 4,070.0 4,155.2 4,196.5 4,192.9 4,167.6 4,183.0 4,150.3 4,173.7 4,149.4 28 Residual (assets less liabilities) (7) 387.8 421.4 426.1 426.0 426.2 425.7 425.7 432.4 432.9 433.4 430.0 434.2 MEMO 29 Reval. gains on off-bal. sheet items (8) 47.0 51.9 61.7 78.7 62.7 69.1 65.7 64.5 64.2 65.7 58.7 49.0 30 Reval. losses on off-bal. sheet items (8) 49.2 54.2 65.1 80.5 65.1 70.5 65.5 65.3 64.4 65.6 59.3 56.2 31 Mortgage-backed securities (9) 294.5 301.2 313.7 336.0 346.4 346.0 342.2 340.1 339.5 334.4 337.5 333.7 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,227.0 2,306.5 2,337.5 2,393.2 2,413.4 2,435.2 2,413.9 2,410.6 2,409.7 2,405.7 2,409.7 2,396.5 2 Securities in bank credit 520.0 532.6 547.4 573.0 569.8 578.0 555.9 552.9 553.2 555.3 553.2 539.7 3 U.S. government securities 373.1 361.7 368.2 372.2 380.5 377.0 375.7 376.1 376.2 378.0 379.4 376.0 3a Trading account 27.3 21.3 22.0 20.9 23.4 24.0 26.3 18.3 15.5 21.7 20.4 20.1 3b Investment account 345.8 340.3 346.2 351.3 357.1 353.0 349.4 357.7 360.7 356.3 358.9 355.9 4 Other securities 146.9 170.9 179.2 200.8 189.3 201.0 180.2 176.8 177.0 177.3 173.9 163.7 4a Trading account 68.2 83.1 89.5 109.1 92.8 101.7 82.1 79.2 79.5 79.3 77.1 66.1 4b Investment account 78.7 87.7 89.8 91.7 96.5 99.3 98.1 97.7 97.5 98.0 96.7 97.6 4c State and local government 22.7 22.6 23.2 23.9 24.6 24.9 24.9 24.8 24.8 24.8 24.9 24.9 4d Other 56.0 65.1 66.6 67.8 71.9 74.4 73.2 72.8 72.7 73.2 71.9 72.7 5 Loans and leases in bank credit (2) 1,707.0 1,774.0 1,790.1 1,820.3 1,843.6 1,857.2 1,858.0 1,857.7 1,856.5 1,850.4 1,856.4 1,856.8 6 Commercial and industrial 473.2 503.2 509.0 521.6 527.9 529.7 531.1 532.2 531.6 533.4 535.2 533.7 6a Bankers acceptances 1.3 1.3 1.3 1.2 1.2 1.2 1.3 1.2 1.2 1.2 1.2 1.2 6b Other 471.9 501.9 507.8 520.4 526.7 528.5 529.9 531.0 530.4 532.3 534.1 532.5 7 Real estate 683.7 688.6 686.3 687.0 699.4 706.8 703.6 704.1 704.7 698.6 702.4 707.2 8 Revolving home equity 69.7 68.6 68.9 67.9 67.7 67.4 67.3 67.5 67.5 67.5 67.6 67.6 9 Other 614.0 620.0 617.5 619.0 631.8 639.4 636.3 636.5 637.1 631.1 634.9 639.6 10 Consumer 300.1 295.9 298.9 299.7 300.6 301.6 305.5 304.9 303.4 305.0 303.8 303.8 11 Security (3) 57.5 67.4 68.9 82.8 80.8 79.1 77.9 72.7 73.6 71.8 69.6 69.3 11a Fed funds and RPs with broker/dealer 41.3 48.0 50.2 64.7 63.6 62.8 61.7 56.3 57.4 55.2 52.4 52.1 11b Other 16.2 19.4 18.8 18.0 17.3 16.3 16.2 16.4 16.2 16.6 17.2 17.2 12a State and local government 11.5 11.5 11.5 11.6 11.9 11.6 11.6 11.5 11.5 11.5 11.5 11.4 12b Agricultural 9.9 10.0 10.0 9.9 10.0 10.1 10.2 10.2 10.3 10.3 10.2 10.2 12c Fed funds and RPs with others 6.4 10.0 12.4 12.9 12.4 16.2 12.6 12.0 12.1 11.7 11.6 10.3 12d All other loans 77.9 88.8 93.0 93.3 97.7 96.3 97.3 97.1 96.7 95.1 97.6 96.1 12e Lease financing receivables 86.7 98.7 100.0 101.5 102.8 105.7 108.2 112.8 112.6 113.0 114.4 114.7 13 Interbank loans 122.9 116.0 117.9 119.5 119.9 121.1 122.7 127.9 124.6 137.7 124.9 136.0 13a Fed funds and RPs with banks 73.2 62.7 64.3 73.8 75.6 73.8 78.2 80.5 78.1 89.2 75.8 87.5 13b Other 49.7 53.3 53.6 45.6 44.3 47.3 44.5 47.5 46.5 48.5 49.1 48.4 14 Cash assets (4) 167.8 151.3 151.4 141.1 147.8 148.3 158.6 156.3 157.3 148.5 154.4 159.8 15 Other assets (5) 200.0 219.4 219.9 215.9 218.2 216.5 220.6 228.7 227.8 229.2 231.6 226.7 16 TOTAL ASSETS (6) 2,680.1 2,755.8 2,789.2 2,831.8 2,861.3 2,883.3 2,877.8 2,885.2 2,881.2 2,882.9 2,882.1 2,880.6 ------------------------------------------------- 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) March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,633.1 1,629.2 1,629.7 1,641.2 1,667.8 1,674.0 1,672.4 1,671.9 1,681.4 1,652.4 1,689.5 1,671.3 18 Transaction 391.8 369.7 373.5 367.1 369.4 369.2 364.7 357.9 370.0 353.0 357.9 356.2 19 Nontransaction 1,241.3 1,259.5 1,256.2 1,274.1 1,298.3 1,304.9 1,307.6 1,314.0 1,311.4 1,299.4 1,331.6 1,315.1 20 Large time 221.0 215.2 210.1 221.5 230.4 230.3 230.0 229.3 228.4 227.9 230.4 229.6 21 Other 1,020.2 1,044.3 1,046.1 1,052.6 1,068.0 1,074.6 1,077.6 1,084.7 1,083.0 1,071.5 1,101.2 1,085.5 22 Borrowings 533.2 532.0 544.8 579.7 610.3 621.8 614.7 611.1 604.0 618.8 607.4 622.8 23 From banks in the U.S. 200.1 197.6 198.5 203.4 207.6 208.9 214.4 213.1 210.3 215.2 204.5 218.0 24 From others 333.1 334.4 346.3 376.3 402.6 412.9 400.3 398.0 393.6 403.6 402.9 404.9 25 Net due to related foreign offices 81.8 89.9 101.8 112.3 112.7 111.4 111.5 121.7 122.3 132.0 102.4 101.7 26 Other liabilities 178.4 204.9 209.6 220.1 206.0 209.2 213.3 203.8 197.1 204.6 202.5 196.3 27 TOTAL LIABILITIES 2,426.5 2,456.0 2,485.9 2,553.2 2,596.7 2,616.5 2,611.8 2,608.5 2,604.8 2,607.8 2,601.7 2,592.2 28 Residual (assets less liabilities) (7) 253.5 299.8 303.2 278.5 264.6 266.8 266.0 276.6 276.4 275.1 280.4 288.4 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,233.6 2,291.0 2,327.4 2,397.6 2,430.1 2,447.0 2,432.5 2,418.8 2,420.1 2,405.0 2,418.4 2,395.7 2 Securities in bank credit 528.6 520.9 539.3 572.0 578.0 579.3 565.8 563.0 563.1 561.8 561.6 546.5 3 U.S. government securities 374.8 356.8 363.5 371.3 383.6 377.4 376.6 378.1 378.3 378.4 382.1 378.1 3a Trading account 27.7 21.2 21.9 21.9 24.6 23.6 25.5 18.6 16.1 21.6 22.1 21.9 3b Investment account 347.1 335.7 341.5 349.4 359.0 353.9 351.1 359.5 362.2 356.8 360.0 356.2 3c Mortgage-backed 228.2 225.9 236.5 255.4 258.3 253.6 250.1 247.9 247.0 243.0 245.7 241.6 3d Other 118.9 109.8 105.0 94.0 100.7 100.3 101.0 111.5 115.1 113.8 114.3 114.6 3e 1 year or less 31.1 29.0 27.7 26.1 27.3 26.6 27.5 25.6 25.6 24.2 24.1 23.5 3f Between 1 and 5 years 54.8 49.0 44.3 37.2 38.2 38.5 37.6 46.7 49.5 49.4 51.0 51.5 3g More than 5 years 33.0 31.8 33.0 30.7 35.2 35.2 35.9 39.3 40.1 40.3 39.2 39.5 4 Other securities 153.8 164.0 175.9 200.6 194.4 201.8 189.3 184.9 184.9 183.4 179.4 168.4 4a Trading account 75.0 76.8 86.4 108.8 96.8 101.5 90.3 87.0 87.3 85.4 82.4 70.2 4b Investment account 78.8 87.2 89.4 91.9 97.7 100.4 99.0 97.8 97.6 98.0 97.0 98.2 4c State and local government 22.7 22.7 23.2 24.0 24.6 25.0 24.8 24.8 24.8 24.8 24.8 24.9 4d Other 56.1 64.6 66.2 67.9 73.1 75.4 74.2 73.0 72.8 73.1 72.2 73.3 5 Loans and leases in bank credit (2) 1,705.0 1,770.1 1,788.1 1,825.6 1,852.0 1,867.7 1,866.7 1,855.8 1,857.0 1,843.2 1,856.9 1,849.2 6 Commercial and industrial 472.3 499.7 506.1 521.4 528.0 527.3 528.2 531.1 530.4 531.8 537.2 533.9 6a Bankers acceptances 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.1 1.1 1.1 6b Other 471.1 498.5 504.8 520.1 526.6 526.0 527.0 530.0 529.2 530.6 536.1 532.7 7 Real estate 682.0 691.8 689.6 691.0 703.7 709.4 706.8 702.0 702.9 693.5 698.7 704.5 8 Revolving home equity 69.4 68.9 69.4 68.6 68.3 67.8 67.6 67.1 67.2 67.0 66.9 66.9 9a Other residential 374.9 385.1 381.0 382.9 394.0 398.6 394.0 386.7 387.8 377.6 383.5 389.5 9b Commercial 237.7 237.8 239.2 239.5 241.3 243.1 245.2 248.2 247.9 248.9 248.3 248.2 10 Consumer 299.8 297.5 300.8 300.6 301.5 305.7 310.6 304.6 303.7 303.9 300.9 299.4 11 Security (3) 58.8 63.7 65.8 83.1 82.3 80.9 78.2 74.5 75.8 73.2 73.6 70.1 11a Fed funds and RPs with broker/dealer 42.6 45.1 47.6 65.2 65.0 63.7 62.0 58.1 59.6 56.2 55.9 53.4 11b Other 16.3 18.6 18.2 17.9 17.3 17.1 16.2 16.4 16.3 16.9 17.7 16.7 12a State and local government 11.5 11.5 11.6 11.7 12.0 11.7 11.6 11.5 11.5 11.5 11.6 11.5 12b Agricultural 9.6 10.3 10.3 10.1 10.1 10.1 10.1 9.9 9.9 9.8 9.8 9.8 12c Fed funds and RPs with others 6.4 10.0 12.4 12.9 12.4 16.2 12.6 12.0 12.1 11.7 11.6 10.3 12d All other loans 76.5 88.1 92.5 93.8 99.2 100.3 98.0 95.5 96.0 93.1 97.6 93.9 12e Lease financing receivables 88.1 97.5 98.9 101.0 102.8 106.0 110.5 114.7 114.6 114.8 115.9 115.9 13 Interbank loans 121.9 113.4 116.7 116.7 121.9 126.2 128.0 126.5 125.1 131.0 123.3 130.8 13a Fed funds and RPs with banks 72.4 60.8 63.8 71.2 77.3 77.7 82.0 79.2 78.2 82.7 75.2 83.3 13b Other 49.5 52.6 52.9 45.4 44.7 48.5 46.0 47.3 46.8 48.4 48.1 47.5 14 Cash assets (4) 168.7 141.2 149.9 144.7 153.9 161.7 168.3 156.4 168.0 153.3 150.8 149.8 15 Other assets (5) 200.0 219.4 219.9 215.9 218.2 216.5 220.6 228.7 227.8 229.2 231.6 226.7 16 TOTAL ASSETS (6) 2,686.7 2,727.2 2,776.0 2,836.9 2,886.0 2,913.5 2,911.7 2,892.3 2,902.9 2,880.6 2,885.7 2,864.6 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 8 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars (continued) March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,625.6 1,626.9 1,635.7 1,647.4 1,681.0 1,695.7 1,681.2 1,663.1 1,681.8 1,635.9 1,686.0 1,664.1 18 Transaction 388.7 360.6 370.3 364.9 376.1 392.4 374.2 354.8 375.4 347.1 356.7 346.2 19 Nontransaction 1,236.9 1,266.3 1,265.4 1,282.5 1,304.9 1,303.3 1,307.0 1,308.3 1,306.4 1,288.8 1,329.3 1,317.9 20 Large time 221.4 217.6 213.5 224.9 235.4 230.7 229.1 229.2 229.0 227.0 229.5 227.3 21 Other 1,015.5 1,048.7 1,051.9 1,057.6 1,069.5 1,072.5 1,077.9 1,079.1 1,077.5 1,061.8 1,099.8 1,090.6 22 Borrowings 535.6 523.4 544.6 575.2 606.7 616.2 620.3 612.8 610.0 616.9 604.5 609.0 23 From banks in the U.S. 201.8 192.8 196.1 199.9 209.0 213.0 217.7 214.9 213.8 215.7 205.2 215.4 24 From others 333.8 330.6 348.5 375.3 397.6 403.2 402.6 397.9 396.2 401.2 399.3 393.6 25 Net due to related foreign offices 79.0 92.9 103.0 110.9 110.1 107.8 109.0 120.1 120.8 131.8 100.4 100.4 26 Other liabilities 178.4 204.9 209.6 220.1 206.0 209.2 213.3 203.8 197.1 204.6 202.5 196.3 27 TOTAL LIABILITIES 2,418.6 2,448.1 2,492.9 2,553.6 2,603.7 2,629.0 2,623.7 2,599.9 2,609.7 2,589.2 2,593.5 2,569.8 28 Residual (assets less liabilities) (7) 268.0 279.1 283.1 283.3 282.3 284.5 288.0 292.4 293.3 291.4 292.2 294.8 MEMO 29 Reval. gains on off-bal. sheet items (8) 47.0 51.9 61.7 78.7 62.7 69.1 65.7 64.5 64.2 65.7 58.7 49.0 30 Reval. losses on off-bal. sheet items (8) 49.2 54.2 65.1 80.5 65.1 70.5 65.5 65.3 64.4 65.6 59.3 56.2 31 Mortgage-backed securities (9) 248.7 249.7 260.6 280.8 287.1 284.1 279.6 276.7 276.3 270.7 273.4 269.5 31a Pass-through 166.5 161.4 167.4 189.6 196.7 194.8 191.9 187.3 187.0 183.2 183.6 179.6 31b CMO, REMIC, and other 82.2 88.4 93.2 91.2 90.4 89.3 87.7 89.4 89.3 87.6 89.8 89.8 32 Net unrealized gains (losses) on 3.3 3.1 3.7 4.4 3.1 3.0 3.0 2.4 2.6 2.5 1.4 1.5 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 36.2 35.6 36.8 38.5 39.1 38.5 38.9 38.9 39.2 38.2 39.0 39.0 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,386.0 1,446.5 1,456.6 1,470.1 1,494.4 1,512.5 1,520.4 1,525.7 1,525.7 1,528.7 1,531.6 1,534.0 2 Securities in bank credit 395.3 411.5 414.2 422.8 432.9 441.0 442.8 444.4 443.5 446.0 447.5 448.2 3 U.S. government securities 311.0 315.4 316.9 322.1 329.9 335.0 335.4 335.6 335.2 337.1 337.5 337.5 4 Other securities 84.3 96.1 97.3 100.8 103.0 106.0 107.4 108.8 108.3 108.9 110.0 110.7 5 Loans and leases in bank credit (2) 990.7 1,035.1 1,042.4 1,047.3 1,061.4 1,071.5 1,077.6 1,081.3 1,082.2 1,082.7 1,084.2 1,085.8 6 Commercial and industrial 178.7 189.1 191.4 193.4 195.2 197.2 198.7 198.8 198.9 198.8 199.2 199.5 7 Real estate 538.4 569.1 573.9 577.7 587.9 595.6 603.6 606.6 606.6 607.5 607.4 609.8 8 Revolving home equity 28.4 29.0 29.0 28.8 29.4 29.4 29.2 28.9 28.9 28.9 28.8 28.8 9 Other 510.0 540.0 544.8 548.9 558.5 566.2 574.4 577.8 577.8 578.6 578.5 580.9 10 Consumer 201.4 198.6 198.5 197.2 198.3 200.1 198.5 199.3 200.0 200.3 199.8 199.2 11 Security (3) 5.5 6.1 6.3 6.5 6.7 6.3 6.1 6.0 6.1 5.8 6.3 6.2 12 Other loans and leases 66.7 72.2 72.3 72.6 73.4 72.2 70.8 70.6 70.7 70.1 71.4 71.2 13 Interbank loans 52.3 70.3 73.7 75.8 73.8 67.1 66.6 63.4 64.3 62.5 65.2 62.1 14 Cash assets (4) 63.6 66.5 67.9 66.7 68.4 68.0 70.0 69.3 73.0 64.5 69.9 71.4 15 Other assets (5) 59.8 63.1 65.6 67.4 72.0 73.2 74.9 74.4 74.0 74.3 71.0 72.8 16 TOTAL ASSETS (6) 1,542.7 1,626.8 1,644.1 1,660.3 1,688.7 1,700.7 1,712.1 1,712.8 1,717.0 1,710.0 1,717.8 1,720.3 L I A B I L I T I E S 17 Deposits 1,238.2 1,286.6 1,300.1 1,308.0 1,327.9 1,337.9 1,351.1 1,351.1 1,356.1 1,345.5 1,358.4 1,356.3 18 Transaction 285.8 283.4 286.3 283.7 284.7 286.3 286.0 285.5 289.6 287.0 284.6 285.2 19 Nontransaction 952.4 1,003.2 1,013.8 1,024.3 1,043.2 1,051.6 1,065.1 1,065.5 1,066.5 1,058.5 1,073.8 1,071.1 20 Large time 166.3 169.9 174.1 175.7 179.8 178.6 182.1 182.7 183.4 182.5 182.9 183.0 21 Other 786.1 833.3 839.6 848.5 863.4 873.0 883.0 882.8 883.1 875.9 890.9 888.2 22 Borrowings 149.8 162.7 165.1 173.9 182.0 185.9 183.7 185.9 184.4 188.0 188.2 190.3 23 From banks in the U.S. 68.6 78.5 79.7 82.9 86.6 87.5 82.5 82.8 82.1 84.9 83.5 83.8 24 From others 81.2 84.2 85.3 91.0 95.3 98.4 101.2 103.2 102.3 103.1 104.7 106.4 25 Net due to related foreign offices 6.1 3.7 3.7 4.7 3.6 3.6 3.0 3.2 3.3 2.7 3.1 3.1 26 Other liabilities 28.4 30.7 30.6 31.4 32.2 32.1 32.1 32.5 32.7 33.0 31.9 31.8 27 TOTAL LIABILITIES 1,422.6 1,483.6 1,499.5 1,517.9 1,545.7 1,559.5 1,570.0 1,572.8 1,576.5 1,569.2 1,581.5 1,581.5 28 Residual (assets less liabilities) (7) 120.1 143.2 144.6 142.4 143.0 141.3 142.1 140.0 140.5 140.8 136.3 138.8 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,377.5 1,446.1 1,458.8 1,469.9 1,493.6 1,513.0 1,514.9 1,516.8 1,515.4 1,519.1 1,522.9 1,526.9 2 Securities in bank credit 393.2 410.4 413.5 419.8 429.6 439.1 441.4 442.3 440.8 443.8 445.2 447.6 3 U.S. government securities 308.9 314.5 316.5 319.8 327.1 333.5 334.1 333.5 332.5 334.8 335.0 336.8 4 Other securities 84.3 95.9 97.0 100.0 102.6 105.6 107.3 108.9 108.4 109.0 110.2 110.9 5 Loans and leases in bank credit (2) 984.2 1,035.7 1,045.3 1,050.1 1,064.0 1,073.9 1,073.5 1,074.5 1,074.6 1,075.3 1,077.7 1,079.2 6 Commercial and industrial 178.3 187.5 189.9 191.7 194.0 196.6 197.8 198.4 198.3 198.6 199.6 200.0 7 Real estate 534.6 569.5 575.5 580.1 590.1 596.5 600.3 602.5 602.0 603.3 603.8 606.6 8 Revolving home equity 28.3 28.9 29.2 29.0 29.4 29.4 29.1 28.8 28.8 28.8 28.8 28.8 9 Other 506.3 540.6 546.3 551.1 560.6 567.1 571.2 573.7 573.2 574.5 575.0 577.9 10 Consumer 201.3 198.7 199.3 198.1 199.8 202.4 200.2 199.1 199.8 199.8 198.5 197.2 11 Security (3) 5.5 6.1 6.3 6.5 6.7 6.3 6.1 6.0 6.1 5.8 6.3 6.2 12 Other loans and leases 64.5 73.8 74.1 73.7 73.4 72.0 69.2 68.4 68.5 67.9 69.6 69.3 13 Interbank loans 56.3 65.8 69.3 74.6 78.3 71.9 68.5 68.0 68.9 64.6 73.1 70.2 14 Cash assets (4) 63.4 64.3 67.2 66.6 70.6 71.3 71.0 69.1 75.2 65.9 69.9 69.7 15 Other assets (5) 59.4 64.2 66.8 67.5 72.6 72.6 72.4 73.7 73.4 73.6 72.0 72.3 16 TOTAL ASSETS (6) 1,537.6 1,620.7 1,642.3 1,659.0 1,695.3 1,708.7 1,706.9 1,707.6 1,712.9 1,703.2 1,718.0 1,719.0 L I A B I L I T I E S 17 Deposits 1,235.3 1,280.1 1,296.6 1,306.0 1,334.2 1,345.2 1,349.5 1,348.4 1,354.2 1,340.1 1,361.3 1,361.4 18 Transaction 282.5 279.2 284.1 281.9 288.8 296.4 288.1 282.3 287.6 281.6 284.5 284.2 19 Nontransaction 952.8 1,000.9 1,012.5 1,024.1 1,045.4 1,048.8 1,061.4 1,066.1 1,066.7 1,058.5 1,076.8 1,077.1 20 Large time 166.3 169.9 174.1 175.7 179.8 178.6 182.1 182.7 183.4 182.5 182.9 183.0 21 Other 786.5 831.0 838.4 848.4 865.7 870.2 879.3 883.4 883.2 875.9 893.9 894.1 22 Borrowings 148.0 164.0 168.4 174.4 181.4 186.6 184.5 183.5 183.1 185.3 183.9 183.3 23 From banks in the U.S. 67.8 79.3 80.9 82.4 85.5 87.6 82.9 81.8 81.6 83.8 81.7 81.0 24 From others 80.2 84.7 87.5 92.0 95.9 99.1 101.6 101.8 101.5 101.5 102.2 102.3 25 Net due to related foreign offices 6.1 3.7 3.7 4.7 3.6 3.6 3.0 3.2 3.3 2.7 3.1 3.1 26 Other liabilities 28.4 30.7 30.6 31.4 32.2 32.1 32.1 32.5 32.7 33.0 31.9 31.8 27 TOTAL LIABILITIES 1,417.8 1,478.5 1,499.4 1,516.4 1,551.4 1,567.5 1,569.2 1,567.7 1,573.3 1,561.1 1,580.2 1,579.6 28 Residual (assets less liabilities) (7) 119.8 142.2 143.0 142.6 143.9 141.2 137.7 140.0 139.6 142.0 137.8 139.5 MEMO 31 Mortgage-backed securities (9) 45.8 51.5 53.1 55.2 59.3 61.9 62.6 63.4 63.2 63.7 64.1 64.2 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 572.1 588.4 604.6 624.7 621.2 601.0 589.1 571.7 565.9 571.4 555.3 558.3 2 Securities in bank credit 197.6 212.4 215.4 222.0 224.9 216.8 218.7 210.0 205.4 211.0 203.9 205.2 3 U.S. government securities 85.5 94.1 82.2 80.2 80.5 81.0 84.1 82.4 80.7 83.4 81.0 82.1 4 Other securities 112.0 118.4 133.2 141.8 144.4 135.7 134.7 127.6 124.8 127.7 122.9 123.1 5 Loans and leases in bank credit (2) 374.5 376.0 389.1 402.7 396.3 384.2 370.4 361.7 360.4 360.3 351.4 353.1 6 Commercial and industrial 221.4 215.2 219.2 224.2 224.7 218.5 212.7 211.1 210.3 210.3 210.0 207.1 7 Real estate 27.1 23.9 23.6 23.3 22.0 20.7 20.9 20.7 20.8 20.8 20.3 20.5 11 Security (3) 56.4 64.2 67.6 69.6 65.0 65.8 63.3 59.0 59.8 57.8 50.7 51.9 12 Other loans and leases 69.7 72.8 78.7 85.6 84.6 79.1 73.5 70.9 69.5 71.5 70.4 73.6 13 Interbank loans 25.9 20.0 28.4 25.4 26.5 27.1 28.2 30.5 31.3 32.3 28.2 23.3 14 Cash assets (4) 33.1 33.8 34.0 35.4 33.5 33.8 35.0 34.2 33.5 36.2 33.3 36.4 15 Other assets (5) 41.3 35.7 37.9 39.2 36.6 39.1 38.2 37.4 37.6 36.7 38.1 38.0 16 TOTAL ASSETS (6) 672.2 677.6 704.5 724.5 717.5 700.7 690.2 673.6 668.0 676.3 654.7 655.9 L I A B I L I T I E S 17 Deposits 287.9 305.9 314.5 318.9 315.3 307.3 315.6 319.5 319.7 322.6 320.6 317.3 18 Transaction 11.5 12.3 15.3 15.2 12.3 10.7 12.3 13.4 14.5 13.8 13.0 12.6 19 Nontransaction 276.3 293.6 299.2 303.7 303.0 296.6 303.3 306.0 305.2 308.8 307.6 304.7 22 Borrowings 144.4 165.4 179.0 185.3 185.5 179.3 169.9 163.0 161.9 159.6 161.3 162.9 23 From banks in the U.S. 23.2 21.3 29.2 30.7 32.1 27.1 22.4 18.9 18.0 16.8 20.5 23.3 24 From others 121.2 144.1 149.7 154.6 153.4 152.1 147.5 144.1 143.9 142.7 140.8 139.6 25 Net due to related foreign offices 139.0 110.2 97.1 109.1 102.2 102.3 99.2 101.3 104.0 97.8 92.4 98.0 26 Other liabilities 97.2 99.3 104.0 107.4 103.1 100.8 97.2 88.5 83.4 89.0 83.7 82.7 27 TOTAL LIABILITIES 668.5 680.9 694.6 720.7 706.2 689.6 681.9 672.3 669.1 669.0 658.0 661.0 28 Residual (assets less liabilities) (7) 3.8 -3.3 9.9 3.8 11.2 11.1 8.3 1.3 -1.0 7.3 -3.3 -5.1 ------------------------------------------------- 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 March 19, 1999 Account 1998 1998 1998 1998 1998 1998 1999 1999 Week ending Feb Aug Sep Oct Nov Dec Jan Feb Feb 17 Feb 24 Mar 3 Mar 10 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 571.7 590.8 599.3 624.0 613.5 599.4 585.2 571.4 566.2 568.6 558.4 557.5 2 Securities in bank credit 194.7 216.6 212.0 222.3 219.5 212.6 212.6 207.2 202.6 207.1 203.7 204.2 3 U.S. government securities 84.7 94.8 82.2 80.8 81.4 80.7 82.0 81.8 80.3 82.7 81.4 83.0 3a Trading account 13.9 31.0 20.6 16.7 14.4 15.6 17.9 18.9 17.9 20.3 18.9 20.2 3b Investment account 70.8 63.8 61.6 64.1 67.0 65.1 64.0 63.0 62.4 62.4 62.5 62.8 4 Other securities 110.0 121.7 129.8 141.6 138.1 131.9 130.7 125.3 122.3 124.4 122.3 121.2 4a Trading account 68.4 76.5 84.8 91.8 85.2 79.6 79.7 76.1 73.4 75.0 74.0 74.9 4b Investment account 41.6 45.2 45.0 49.8 52.8 52.3 50.9 49.2 48.9 49.3 48.3 46.3 5 Loans and leases in bank credit (2) 377.0 374.2 387.3 401.7 394.0 386.8 372.6 364.2 363.6 361.6 354.7 353.2 6 Commercial and industrial 222.5 214.1 218.1 224.1 224.4 219.4 213.6 212.2 212.3 210.9 211.0 206.4 7 Real estate 27.3 23.7 23.5 23.5 22.3 20.8 20.9 20.9 21.0 20.9 20.5 20.7 11 Security (3) 56.5 63.4 67.4 69.7 64.7 66.9 63.4 59.1 59.5 57.7 51.5 52.0 12 Other loans and leases 70.6 73.0 78.3 84.3 82.6 79.7 74.7 72.1 70.8 72.0 71.8 74.1 13 Interbank loans 25.9 20.0 28.4 25.4 26.5 27.1 28.2 30.5 31.3 32.3 28.2 23.3 14 Cash assets (4) 32.6 33.8 34.1 35.7 34.4 35.5 34.9 33.6 33.2 35.3 32.5 35.1 15 Other assets (5) 42.8 36.5 37.9 38.3 37.0 39.8 38.7 38.7 38.6 37.5 39.8 39.7 16 TOTAL ASSETS (6) 672.7 680.9 699.4 723.1 711.2 701.5 686.6 674.0 669.0 673.5 658.7 655.3 L I A B I L I T I E S 17 Deposits 285.6 304.6 316.1 318.4 314.3 310.5 313.4 317.4 315.8 321.5 320.0 316.6 18 Transaction 11.3 12.2 15.9 15.2 12.3 11.2 12.2 13.1 14.3 13.6 12.7 12.3 19 Nontransaction 274.3 292.4 300.1 303.1 302.1 299.3 301.2 304.3 301.5 307.9 307.3 304.3 22 Borrowings 144.4 165.4 179.0 185.3 185.5 179.3 169.9 163.0 161.9 159.6 161.3 162.9 23 From banks in the U.S. 23.2 21.3 29.2 30.7 32.1 27.1 22.4 18.9 18.0 16.8 20.5 23.3 24 From others 121.2 144.1 149.7 154.6 153.4 152.1 147.5 144.1 143.9 142.7 140.8 139.6 25 Net due to related foreign offices 140.3 106.9 95.6 108.1 102.9 106.9 103.4 102.5 105.0 101.3 91.0 91.0 26 Other liabilities 98.3 99.3 103.7 107.1 104.5 101.7 97.3 89.4 84.2 89.8 84.8 83.3 27 TOTAL LIABILITIES 668.6 676.2 694.3 718.9 707.2 698.3 684.0 672.2 666.9 672.2 657.1 653.8 28 Residual (assets less liabilities) (7) 4.1 4.7 5.1 4.3 4.0 3.2 2.7 1.8 2.0 1.3 1.6 1.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 41.4 44.2 48.7 52.0 48.6 48.1 45.9 43.6 42.8 43.2 42.0 42.4 30 Reval. losses on off-bal. sheet items (8) 40.8 42.2 45.4 47.5 44.9 44.4 42.1 41.1 40.2 41.8 40.8 41.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 March 19, 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. NOTE: Large domestically chartered commercial banks acquired $1.6 billion in assets and liabilities of nonbank institutions in the week ending March 10, 1999. The major asset items affected were (in billions): commercial and industrial loans, $0.5; consumer loans, $0.8 and other assets, $0.2. The major liability items affected were: other liabilities, $0.5; and residual (asset less liabilities), $1.5.