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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,265.4 4,548.4 4,538.7 4,524.4 4,493.5 4,501.0 4,510.8 4,542.3 4,546.7 4,560.8 4,542.4 4,534.2 2 Securities in bank credit 1,126.3 1,227.3 1,217.8 1,207.8 1,189.3 1,189.9 1,189.5 1,200.7 1,199.9 1,203.3 1,207.9 1,207.8 3 U.S. government securities 759.2 792.4 794.1 791.2 798.6 799.6 797.8 810.7 809.9 813.4 819.0 812.1 4 Other securities 367.0 434.9 423.7 416.5 390.8 390.3 391.7 390.0 390.0 389.9 388.9 395.7 5 Loans and leases in bank credit (2) 3,139.1 3,321.1 3,320.8 3,316.6 3,304.2 3,311.1 3,321.3 3,341.6 3,346.8 3,357.4 3,334.5 3,326.5 6 Commercial and industrial 898.0 949.0 948.8 948.9 952.5 956.8 951.6 957.3 960.2 959.4 955.4 957.0 7 Real estate 1,269.2 1,329.5 1,336.3 1,338.2 1,339.6 1,341.8 1,348.9 1,353.4 1,356.0 1,354.0 1,350.8 1,353.3 8 Revolving home equity 100.1 99.1 98.8 98.4 98.6 99.4 100.3 99.7 101.7 101.4 94.6 94.0 9 Other 1,169.1 1,230.4 1,237.5 1,239.8 1,241.0 1,242.4 1,248.6 1,253.6 1,254.3 1,252.6 1,256.3 1,259.3 10 Consumer 498.5 500.0 501.9 501.3 500.5 500.9 496.8 495.6 495.5 497.8 496.1 495.7 11 Security (3) 129.1 151.9 147.5 140.1 120.1 123.0 127.5 131.4 129.7 137.2 127.3 124.1 12 Other loans and leases 344.3 390.7 386.3 388.2 391.5 388.6 396.4 403.9 405.4 409.0 404.8 396.3 13 Interbank loans 218.8 217.4 223.2 227.9 221.4 215.3 222.2 220.0 217.2 230.7 222.8 224.7 14 Cash assets (4) 249.9 253.7 259.1 256.4 259.0 260.8 262.6 262.1 254.3 266.4 258.8 267.3 15 Other assets (5) 310.0 341.8 354.2 357.8 355.7 345.2 346.3 346.7 346.2 351.0 347.6 360.6 16 TOTAL ASSETS (6) 4,986.6 5,303.5 5,317.1 5,308.2 5,271.0 5,263.8 5,283.1 5,312.2 5,305.4 5,349.8 5,313.0 5,328.5 L I A B I L I T I E S 17 Deposits 3,224.5 3,341.5 3,369.6 3,378.7 3,368.1 3,377.9 3,372.4 3,372.3 3,368.9 3,371.5 3,387.0 3,388.5 18 Transaction 679.7 672.0 667.6 661.5 667.3 663.0 655.3 661.3 650.7 671.8 683.3 667.6 19 Nontransaction 2,544.8 2,669.5 2,702.0 2,717.2 2,700.8 2,714.9 2,717.0 2,711.0 2,718.2 2,699.7 2,703.6 2,720.9 20 Large time 702.1 719.9 726.4 730.5 719.4 725.4 722.1 716.2 718.5 717.2 717.1 718.2 21 Other 1,842.7 1,949.6 1,975.6 1,986.7 1,981.5 1,989.5 1,994.9 1,994.8 1,999.6 1,982.5 1,986.6 2,002.7 22 Borrowings 905.9 1,021.1 1,004.1 991.8 988.2 984.2 998.2 1,021.8 1,022.3 1,035.2 1,015.9 1,013.0 23 From banks in the U.S. 293.0 322.5 318.7 316.8 319.6 312.2 323.8 337.2 335.8 341.0 334.4 344.6 24 From others 612.9 698.5 685.3 675.0 668.7 672.0 674.4 684.6 686.5 694.1 681.5 668.4 25 Net due to related foreign offices 180.4 213.8 213.5 217.4 217.3 210.5 204.2 217.1 216.3 215.0 215.7 233.3 26 Other liabilities 271.3 307.0 304.7 295.9 271.4 273.1 269.8 269.1 270.5 272.4 265.9 278.1 27 TOTAL LIABILITIES 4,582.0 4,883.4 4,891.8 4,883.8 4,845.1 4,845.7 4,844.4 4,880.2 4,878.0 4,894.1 4,884.5 4,913.0 28 Residual (assets less liabilities) (7) 404.5 420.1 425.3 424.4 425.9 418.1 438.7 432.0 427.4 455.8 428.6 415.6 ------------------------------------------------- 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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,262.1 4,563.9 4,547.8 4,521.9 4,491.9 4,509.1 4,513.1 4,536.4 4,544.4 4,542.2 4,534.3 4,526.7 2 Securities in bank credit 1,124.6 1,229.0 1,220.4 1,213.3 1,196.0 1,198.5 1,194.9 1,197.4 1,196.1 1,195.8 1,198.9 1,199.6 3 U.S. government securities 759.5 793.2 794.4 795.5 805.0 809.5 806.0 810.2 809.1 809.4 813.3 807.5 4 Other securities 365.1 435.8 426.0 417.8 391.0 389.0 388.9 387.2 387.0 386.5 385.6 392.2 5 Loans and leases in bank credit (2) 3,137.5 3,334.9 3,327.3 3,308.7 3,295.9 3,310.6 3,318.2 3,339.0 3,348.3 3,346.4 3,335.4 3,327.0 6 Commercial and industrial 899.0 949.0 947.6 950.3 956.1 963.5 956.1 957.6 960.4 958.9 957.3 958.8 7 Real estate 1,269.8 1,331.4 1,335.3 1,332.5 1,333.0 1,338.5 1,348.4 1,353.9 1,356.2 1,352.1 1,351.4 1,354.2 8 Revolving home equity 99.8 99.5 98.9 98.0 97.7 98.7 100.0 99.4 101.3 101.1 94.4 93.7 9 Other 1,170.0 1,231.9 1,236.4 1,234.5 1,235.3 1,239.7 1,248.4 1,254.6 1,254.9 1,251.0 1,257.0 1,260.5 10 Consumer 495.6 505.4 508.1 501.2 495.7 497.4 494.3 492.9 492.5 495.8 493.2 491.3 11 Security (3) 128.8 154.1 147.5 139.7 123.5 124.9 127.4 130.9 133.5 134.1 124.6 121.5 12 Other loans and leases 344.3 395.1 388.7 385.0 387.5 386.4 392.1 403.7 405.7 405.5 408.9 401.2 13 Interbank loans 215.3 225.7 226.1 227.6 224.5 220.3 218.0 217.2 217.8 218.3 222.7 227.5 14 Cash assets (4) 245.7 268.8 272.1 257.5 251.5 258.4 260.4 257.7 257.4 247.6 265.6 271.7 15 Other assets (5) 314.8 342.7 346.7 354.5 351.1 348.2 347.8 352.6 351.5 352.8 358.6 369.5 16 TOTAL ASSETS (6) 4,980.4 5,343.2 5,335.0 5,303.4 5,260.5 5,277.7 5,280.3 5,304.9 5,312.0 5,301.8 5,322.5 5,337.1 L I A B I L I T I E S 17 Deposits 3,223.8 3,375.3 3,368.9 3,355.7 3,362.7 3,388.7 3,362.8 3,370.2 3,382.0 3,332.0 3,391.4 3,402.9 18 Transaction 675.6 706.2 682.4 656.6 660.8 670.7 646.2 656.3 657.2 638.3 695.5 682.8 19 Nontransaction 2,548.2 2,669.2 2,686.4 2,699.1 2,701.9 2,718.0 2,716.7 2,713.8 2,724.8 2,693.6 2,695.9 2,720.1 20 Large time 699.7 724.5 724.5 731.2 721.4 722.4 723.3 713.5 716.7 713.1 708.7 708.4 21 Other 1,848.5 1,944.7 1,961.9 1,967.9 1,980.6 1,995.7 1,993.4 2,000.3 2,008.0 1,980.5 1,987.2 2,011.7 22 Borrowings 910.7 1,023.6 1,020.2 994.5 981.6 984.0 1,006.2 1,024.6 1,021.3 1,056.9 1,024.4 1,004.2 23 From banks in the U.S. 293.4 328.5 323.8 317.2 319.1 312.8 324.7 336.8 333.6 345.9 336.9 340.9 24 From others 617.2 695.2 696.4 677.3 662.5 671.1 681.5 687.9 687.7 711.0 687.4 663.3 25 Net due to related foreign offices 176.7 219.1 216.4 227.1 215.4 203.5 210.6 211.3 206.2 210.2 215.3 215.3 26 Other liabilities 270.6 307.8 305.6 298.3 272.1 272.7 269.5 268.5 269.5 271.3 265.3 276.7 27 TOTAL LIABILITIES 4,581.8 4,925.9 4,911.1 4,875.6 4,831.8 4,848.8 4,849.1 4,874.6 4,879.0 4,870.3 4,896.3 4,899.2 28 Residual (assets less liabilities) (7) 398.6 417.3 424.0 427.8 428.7 428.8 431.2 430.3 433.0 431.5 426.2 437.9 MEMO 29 Reval. gains on off-bal. sheet items (8) 92.7 116.2 112.5 108.5 87.0 87.1 87.4 84.4 85.4 85.0 78.1 87.4 30 Reval. losses on off-bal. sheet items (8) 91.5 114.1 109.5 106.7 85.9 87.9 88.4 86.0 85.8 87.7 80.7 87.7 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 3 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,692.4 3,948.0 3,953.3 3,954.3 3,939.6 3,949.6 3,968.2 4,009.2 4,011.2 4,025.1 4,015.6 4,013.3 2 Securities in bank credit 922.1 1,013.5 1,006.1 1,003.2 990.9 989.4 992.5 1,006.3 1,003.8 1,008.5 1,016.2 1,019.5 3 U.S. government securities 670.6 709.6 709.9 708.3 714.9 711.8 712.2 723.7 721.7 725.9 732.5 725.9 4 Other securities 251.5 303.9 296.2 294.9 276.0 277.6 280.3 282.6 282.1 282.6 283.8 293.6 5 Loans and leases in bank credit (2) 2,770.3 2,934.5 2,947.2 2,951.0 2,948.7 2,960.1 2,975.7 3,002.9 3,007.4 3,016.7 2,999.4 2,993.7 6 Commercial and industrial 685.0 731.2 735.3 736.7 742.2 748.5 750.5 761.0 762.6 762.9 763.0 763.6 7 Real estate 1,244.9 1,307.7 1,314.9 1,317.7 1,319.8 1,322.0 1,329.4 1,334.5 1,337.2 1,335.4 1,332.3 1,334.8 8 Revolving home equity 100.1 99.1 98.8 98.4 98.6 99.4 100.3 99.7 101.7 101.4 94.6 94.0 9 Other 1,144.8 1,208.6 1,216.1 1,219.3 1,221.3 1,222.7 1,229.0 1,234.7 1,235.6 1,234.0 1,237.7 1,240.7 10 Consumer 498.5 500.0 501.9 501.3 500.5 500.9 496.8 495.6 495.5 497.8 496.1 495.7 11 Security (3) 68.5 85.6 84.3 80.6 69.3 71.5 74.8 80.4 79.3 85.6 75.7 74.9 12 Other loans and leases 273.4 309.8 310.8 314.7 316.8 317.1 324.1 331.4 332.8 335.0 332.3 324.8 13 Interbank loans 194.8 189.4 193.8 196.4 195.7 189.9 195.4 195.1 191.8 206.9 198.0 198.0 14 Cash assets (4) 215.0 217.7 222.5 220.2 222.0 223.1 223.7 226.8 216.9 233.5 226.8 232.5 15 Other assets (5) 276.0 303.2 315.5 320.0 318.1 307.8 310.9 314.0 310.8 321.0 313.1 324.9 16 TOTAL ASSETS (6) 4,321.0 4,600.6 4,627.4 4,632.7 4,617.1 4,612.1 4,639.7 4,686.5 4,672.0 4,727.8 4,695.3 4,710.7 L I A B I L I T I E S 17 Deposits 2,919.9 3,029.5 3,048.6 3,056.6 3,057.7 3,064.1 3,060.6 3,065.9 3,059.9 3,063.9 3,083.0 3,078.3 18 Transaction 668.1 660.4 654.7 647.8 654.6 650.8 642.9 648.5 637.6 659.3 670.4 655.0 19 Nontransaction 2,251.8 2,369.1 2,393.9 2,408.8 2,403.1 2,413.3 2,417.8 2,417.4 2,422.3 2,404.6 2,412.6 2,423.3 20 Large time 410.5 421.1 420.2 423.4 422.8 425.4 424.8 424.8 424.8 424.0 428.2 423.1 21 Other 1,841.3 1,948.0 1,973.7 1,985.5 1,980.3 1,987.9 1,993.0 1,992.7 1,997.5 1,980.6 1,984.4 2,000.2 22 Borrowings 717.0 817.3 810.4 810.9 813.8 809.5 822.5 838.8 835.1 851.5 836.0 839.0 23 From banks in the U.S. 264.1 295.2 297.1 298.9 295.6 291.0 302.6 311.3 305.6 315.0 311.5 318.1 24 From others 452.9 522.1 513.3 511.9 518.2 518.5 519.9 527.5 529.5 536.5 524.4 521.0 25 Net due to related foreign offices 81.8 112.4 111.8 117.3 117.8 115.4 118.4 145.4 145.6 150.9 144.3 157.6 26 Other liabilities 203.6 230.2 230.2 225.7 204.2 205.7 209.0 209.8 209.6 214.5 206.3 215.8 27 TOTAL LIABILITIES 3,922.3 4,189.4 4,201.0 4,210.5 4,193.5 4,194.8 4,210.5 4,260.0 4,250.2 4,280.8 4,269.6 4,290.7 28 Residual (assets less liabilities) (7) 398.7 411.2 426.4 422.2 423.6 417.3 429.2 426.5 421.8 446.9 425.7 419.9 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 4 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,692.1 3,960.6 3,959.0 3,948.1 3,936.3 3,960.5 3,975.8 4,006.5 4,013.2 4,011.8 4,008.0 4,008.2 2 Securities in bank credit 921.4 1,016.6 1,008.5 1,007.1 996.4 999.7 999.6 1,003.9 1,002.0 1,002.8 1,007.6 1,012.6 3 U.S. government securities 670.7 710.2 710.5 712.2 720.4 722.1 719.6 722.8 720.8 722.1 726.1 721.2 4 Other securities 250.7 306.4 298.0 294.8 276.0 277.6 280.1 281.2 281.1 280.7 281.5 291.3 5 Loans and leases in bank credit (2) 2,770.7 2,944.0 2,950.5 2,941.0 2,939.9 2,960.8 2,976.1 3,002.5 3,011.2 3,009.0 3,000.4 2,995.6 6 Commercial and industrial 687.6 728.5 732.3 736.3 745.5 756.7 757.6 762.9 764.9 763.9 765.5 766.2 7 Real estate 1,245.8 1,309.6 1,313.8 1,311.6 1,313.2 1,319.0 1,329.0 1,335.3 1,337.6 1,333.7 1,333.2 1,335.9 8 Revolving home equity 99.8 99.5 98.9 98.0 97.7 98.7 100.0 99.4 101.3 101.1 94.4 93.7 9 Other 1,146.0 1,210.1 1,214.9 1,213.6 1,215.5 1,220.3 1,229.1 1,235.9 1,236.4 1,232.5 1,238.8 1,242.2 10 Consumer 495.6 505.4 508.1 501.2 495.7 497.4 494.3 492.9 492.5 495.8 493.2 491.3 11 Security (3) 67.9 87.3 84.4 80.6 72.1 73.5 75.0 79.7 82.7 82.6 72.1 72.6 12 Other loans and leases 273.9 313.3 311.9 311.3 313.4 314.3 320.2 331.7 333.5 333.0 336.3 329.6 13 Interbank loans 191.3 197.6 196.7 196.1 198.8 194.8 191.1 192.3 192.4 194.5 197.9 200.8 14 Cash assets (4) 210.0 231.3 235.1 222.0 215.6 222.0 221.8 221.6 219.1 213.9 232.6 236.6 15 Other assets (5) 281.8 302.6 307.7 315.5 312.9 312.5 313.2 320.9 317.2 324.1 325.7 335.2 16 TOTAL ASSETS (6) 4,318.0 4,634.5 4,641.1 4,623.7 4,605.4 4,631.8 4,643.3 4,682.5 4,683.0 4,685.5 4,705.7 4,722.7 L I A B I L I T I E S 17 Deposits 2,918.3 3,059.7 3,050.5 3,034.8 3,049.1 3,075.5 3,048.8 3,063.1 3,072.7 3,024.1 3,088.1 3,097.5 18 Transaction 664.2 694.2 669.4 643.1 648.0 658.7 634.0 643.7 644.5 626.1 682.1 670.0 19 Nontransaction 2,254.1 2,365.5 2,381.0 2,391.7 2,401.0 2,416.8 2,414.9 2,419.4 2,428.2 2,397.9 2,406.0 2,427.5 20 Large time 407.3 423.6 421.9 425.8 422.6 423.3 423.6 421.2 422.3 419.5 420.9 417.9 21 Other 1,846.9 1,941.9 1,959.2 1,965.9 1,978.5 1,993.5 1,991.2 1,998.2 2,005.9 1,978.4 1,985.1 2,009.6 22 Borrowings 721.8 819.8 826.6 813.5 807.2 809.3 830.6 841.7 834.0 873.3 844.5 830.2 23 From banks in the U.S. 264.6 301.1 302.2 299.3 295.1 291.7 303.5 310.9 303.4 319.9 314.0 314.3 24 From others 457.2 518.7 524.4 514.2 512.0 517.6 527.0 530.8 530.6 553.4 530.4 515.9 25 Net due to related foreign offices 80.1 111.4 112.0 123.4 117.7 114.0 126.7 141.0 137.9 146.1 143.4 143.4 26 Other liabilities 203.5 229.6 230.9 226.5 204.8 206.4 209.1 209.6 209.2 214.1 206.2 215.7 27 TOTAL LIABILITIES 3,923.6 4,220.5 4,220.0 4,198.3 4,178.7 4,205.2 4,215.2 4,255.5 4,253.8 4,257.5 4,282.1 4,286.7 28 Residual (assets less liabilities) (7) 394.3 414.0 421.2 425.5 426.7 426.6 428.1 427.0 429.2 428.0 423.6 436.0 MEMO 29 Reval. gains on off-bal. sheet items (8) 50.5 68.0 66.5 64.9 46.8 48.3 50.6 50.9 51.8 52.2 46.5 54.0 30 Reval. losses on off-bal. sheet items (8) 50.9 69.6 67.2 65.4 46.7 49.0 52.5 53.4 53.1 56.1 49.4 54.3 31 Mortgage-backed securities (9) 290.3 345.4 342.2 341.0 336.3 334.8 333.6 329.6 328.4 328.2 329.4 327.0 ------------------------------------------------- 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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,287.0 2,442.1 2,435.0 2,428.2 2,400.9 2,405.4 2,417.2 2,444.7 2,446.2 2,458.3 2,445.1 2,434.8 2 Securities in bank credit 521.9 577.4 566.5 560.4 544.0 541.1 540.9 549.1 546.7 549.9 557.6 557.4 3 U.S. government securities 361.9 380.2 378.6 376.2 379.7 376.0 374.0 380.3 378.3 381.3 387.5 378.4 3a Trading account 23.6 23.0 25.1 17.9 22.5 25.9 22.3 25.1 23.0 25.4 31.7 23.2 3b Investment account 338.3 357.2 353.5 358.3 357.3 350.1 351.7 355.2 355.3 355.9 355.8 355.2 4 Other securities 160.0 197.2 188.0 184.2 164.3 165.1 166.8 168.8 168.4 168.6 170.0 179.0 4a Trading account 76.7 100.2 91.4 87.5 66.7 66.1 68.3 67.5 69.2 68.5 62.8 72.1 4b Investment account 83.3 97.0 96.6 96.7 97.5 99.0 98.6 101.3 99.3 100.0 107.2 107.0 4c State and local government 22.5 24.8 24.6 24.7 24.9 24.6 24.8 25.3 25.3 25.2 25.2 25.4 4d Other 60.8 72.2 71.9 72.0 72.7 74.4 73.8 76.0 74.0 74.8 82.0 81.5 5 Loans and leases in bank credit (2) 1,765.1 1,864.7 1,868.4 1,867.8 1,856.9 1,864.3 1,876.3 1,895.6 1,899.4 1,908.4 1,887.5 1,877.4 6 Commercial and industrial 503.2 534.9 536.3 537.5 541.9 546.9 546.8 555.3 557.0 557.0 556.1 555.5 6a Bankers acceptances 1.2 1.3 1.3 1.2 1.1 1.1 1.0 1.0 1.0 0.9 1.0 1.0 6b Other 502.0 533.6 535.0 536.3 540.7 545.8 545.8 554.3 556.0 556.0 555.1 554.5 7 Real estate 696.4 711.4 709.8 709.0 705.5 705.1 708.5 707.8 710.6 707.5 703.0 701.9 8 Revolving home equity 71.7 70.2 69.9 69.8 69.9 70.5 71.2 70.4 72.3 72.2 64.9 64.4 9 Other 624.7 641.2 639.9 639.2 635.6 634.6 637.2 637.5 638.3 635.4 638.1 637.5 10 Consumer 299.8 301.4 304.4 303.4 301.0 299.4 296.6 294.1 293.7 295.6 293.5 295.2 11 Security (3) 62.6 79.4 78.3 74.7 63.4 65.8 69.6 75.2 73.9 80.7 70.5 69.4 11a Fed funds and RPs with broker/dealer 44.0 62.6 61.5 57.7 46.2 47.8 51.3 55.5 54.5 59.0 50.9 51.3 11b Other 18.6 16.8 16.8 17.0 17.2 18.0 18.3 19.7 19.4 21.6 19.6 18.1 12a State and local government 11.4 11.7 11.7 11.6 11.6 11.8 11.8 11.8 11.9 11.7 11.6 11.9 12b Agricultural 10.2 10.3 10.3 10.4 10.3 10.3 10.1 9.9 10.0 9.9 9.9 9.7 12c Fed funds and RPs with others 5.7 16.4 12.8 12.2 12.2 11.5 14.1 37.9 38.5 40.2 38.3 33.7 12d All other loans 81.4 93.1 96.3 96.0 95.7 95.8 99.7 83.7 84.0 85.9 84.0 79.2 12e Lease financing receivables 94.4 106.1 108.6 113.1 115.6 117.8 119.2 119.9 119.8 120.0 120.6 121.0 13 Interbank loans 130.5 124.6 127.3 129.9 132.1 128.0 136.5 138.7 135.0 151.9 139.6 140.9 13a Fed funds and RPs with banks 79.7 75.5 80.1 80.2 83.2 79.4 86.3 85.5 83.8 97.1 84.5 87.0 13b Other 50.8 49.1 47.2 49.7 48.9 48.6 50.3 53.2 51.2 54.8 55.1 53.9 14 Cash assets (4) 148.4 147.7 152.3 150.4 151.9 154.2 151.9 154.6 146.3 160.4 154.0 160.4 15 Other assets (5) 216.5 229.8 238.1 242.6 239.5 228.8 229.9 231.7 229.8 237.8 228.8 231.2 16 TOTAL ASSETS (6) 2,744.3 2,906.2 2,914.4 2,912.8 2,885.9 2,878.1 2,897.2 2,931.4 2,918.8 2,969.9 2,929.5 2,929.4 ------------------------------------------------- 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) July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,655.6 1,683.4 1,684.6 1,679.9 1,678.3 1,685.1 1,680.2 1,680.4 1,675.8 1,678.2 1,689.1 1,687.9 18 Transaction 384.3 371.1 366.0 359.5 363.5 365.8 357.1 359.1 352.2 366.0 369.1 358.1 19 Nontransaction 1,271.3 1,312.4 1,318.5 1,320.5 1,314.8 1,319.4 1,323.1 1,321.3 1,323.7 1,312.2 1,320.1 1,329.9 20 Large time 226.1 230.8 230.1 229.4 226.7 227.6 224.6 226.5 226.1 225.9 230.7 225.5 21 Other 1,045.2 1,081.6 1,088.4 1,091.0 1,088.0 1,091.8 1,098.6 1,094.9 1,097.6 1,086.3 1,089.3 1,104.4 22 Borrowings 557.9 633.2 628.2 624.8 621.9 619.3 627.3 639.4 636.0 652.2 635.8 632.3 23 From banks in the U.S. 190.9 209.4 213.7 214.0 208.8 205.9 214.5 219.6 214.3 222.0 218.4 221.6 24 From others 367.0 423.8 414.5 410.8 413.1 413.5 412.9 419.8 421.7 430.1 417.4 410.7 25 Net due to related foreign offices 77.9 108.8 108.7 114.1 113.2 110.5 113.3 141.3 141.8 147.6 139.9 153.2 26 Other liabilities 176.3 199.1 199.3 195.1 173.4 174.1 176.7 176.7 176.0 181.2 173.2 181.8 27 TOTAL LIABILITIES 2,467.6 2,624.6 2,620.7 2,613.9 2,586.7 2,589.0 2,597.5 2,637.8 2,629.7 2,659.1 2,637.9 2,655.1 28 Residual (assets less liabilities) (7) 276.7 281.6 293.7 298.8 299.1 289.1 299.7 293.5 289.1 310.8 291.5 274.2 ------------------------------------------------- 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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,280.2 2,456.6 2,447.1 2,432.8 2,403.4 2,411.3 2,414.7 2,434.9 2,441.7 2,437.4 2,432.8 2,430.0 2 Securities in bank credit 519.1 580.9 569.6 566.4 548.0 546.4 542.7 544.9 543.0 542.4 549.1 552.3 3 U.S. government securities 360.0 380.9 379.8 381.7 383.8 382.0 376.9 377.5 375.6 375.4 381.0 375.2 3a Trading account 22.5 23.7 25.2 18.6 23.4 25.2 20.8 23.5 22.5 23.0 27.2 21.7 3b Investment account 337.5 357.2 354.6 363.1 360.4 356.8 356.1 354.0 353.1 352.4 353.7 353.5 3c Mortgage-backed 219.8 256.1 252.6 250.5 243.9 241.0 238.0 233.6 232.4 232.0 233.5 231.1 3d Other 117.7 101.0 102.0 112.6 116.5 115.7 118.1 120.4 120.7 120.4 120.2 122.4 3e 1 year or less 31.9 26.8 27.7 25.8 24.0 24.5 23.8 24.8 25.0 24.9 24.9 25.6 3f Between 1 and 5 years 49.6 38.8 37.9 47.2 52.5 53.1 54.8 56.6 56.5 56.4 57.0 58.2 3g More than 5 years 36.2 35.5 36.3 39.6 39.9 38.1 39.5 39.1 39.3 39.1 38.3 38.5 4 Other securities 159.1 200.0 189.8 184.8 164.2 164.4 165.8 167.4 167.3 167.0 168.1 177.2 4a Trading account 76.7 100.2 91.4 87.5 66.7 66.1 68.3 67.5 69.2 68.5 62.8 72.1 4b Investment account 82.4 99.8 98.4 97.3 97.5 98.2 97.5 99.9 98.2 98.4 105.3 105.1 4c State and local government 22.4 25.0 24.8 24.8 24.9 24.7 24.9 25.1 25.1 25.1 24.8 24.7 4d Other 60.0 74.8 73.6 72.5 72.6 73.5 72.6 74.8 73.0 73.3 80.5 80.4 5 Loans and leases in bank credit (2) 1,761.0 1,875.7 1,877.5 1,866.3 1,855.4 1,864.9 1,872.0 1,890.0 1,898.8 1,895.0 1,883.8 1,877.7 6 Commercial and industrial 504.1 533.0 534.0 537.4 544.5 552.9 551.3 555.3 557.3 556.1 557.2 557.2 6a Bankers acceptances 1.2 1.3 1.3 1.2 1.1 1.1 1.0 1.0 1.0 0.9 1.0 1.0 6b Other 502.9 531.7 532.8 536.3 543.3 551.8 550.3 554.3 556.3 555.2 556.2 556.3 7 Real estate 694.9 715.0 712.6 707.7 702.5 702.2 705.8 705.8 708.8 703.2 701.3 701.9 8 Revolving home equity 71.6 70.4 70.0 69.5 69.2 70.0 70.9 70.1 72.1 72.0 64.9 64.4 9a Other residential 383.1 398.8 394.5 387.1 380.8 378.5 380.3 380.9 381.9 376.7 380.5 383.8 9b Commercial 240.2 245.7 248.1 251.1 252.5 253.7 254.5 254.8 254.9 254.4 255.8 253.8 10 Consumer 298.0 304.8 309.7 303.8 298.3 297.0 294.3 292.1 291.7 293.8 291.6 292.5 11 Security (3) 62.0 81.0 78.4 74.7 66.1 67.8 69.7 74.5 77.3 77.7 66.9 67.1 11a Fed funds and RPs with broker/dealer 42.7 63.8 62.1 58.2 48.8 49.7 51.0 53.9 57.0 54.8 45.9 48.8 11b Other 19.4 17.2 16.3 16.5 17.3 18.1 18.7 20.5 20.4 23.0 21.0 18.3 12a State and local government 11.3 11.8 11.7 11.6 11.6 11.7 11.7 11.7 11.8 11.6 11.5 11.8 12b Agricultural 10.3 10.3 10.2 10.0 9.9 10.0 10.0 10.1 10.1 10.0 10.1 10.0 12c Fed funds and RPs with others 5.7 16.4 12.8 12.2 12.2 11.5 14.1 37.9 38.5 40.2 38.3 33.7 12d All other loans 80.3 97.6 97.9 94.5 93.9 93.8 95.9 82.5 83.1 82.4 86.0 82.2 12e Lease financing receivables 94.5 105.8 110.3 114.4 116.5 118.0 119.1 120.1 120.1 120.1 120.9 121.2 13 Interbank loans 131.0 127.8 130.1 129.7 132.2 132.0 136.5 139.0 137.5 146.7 145.1 143.6 13a Fed funds and RPs with banks 79.3 79.3 83.7 80.8 83.0 82.1 85.4 84.6 84.5 91.4 89.0 88.0 13b Other 51.7 48.5 46.4 49.0 49.3 49.9 51.2 54.4 53.1 55.3 56.1 55.7 14 Cash assets (4) 144.6 158.0 161.7 151.2 147.0 153.1 150.4 150.4 148.4 145.9 157.7 161.6 15 Other assets (5) 221.3 229.2 233.4 239.5 235.7 233.1 232.2 237.0 235.0 240.9 237.1 236.3 16 TOTAL ASSETS (6) 2,738.8 2,933.5 2,934.5 2,914.9 2,879.8 2,891.5 2,895.4 2,922.8 2,924.1 2,932.5 2,934.6 2,933.4 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 8 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars (continued) July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,651.0 1,707.6 1,693.8 1,675.7 1,676.7 1,691.3 1,665.7 1,674.3 1,681.7 1,646.6 1,692.9 1,698.1 18 Transaction 381.7 394.0 376.3 356.6 358.2 369.9 350.5 355.4 357.5 343.3 379.2 366.1 19 Nontransaction 1,269.3 1,313.5 1,317.5 1,319.1 1,318.5 1,321.4 1,315.2 1,318.9 1,324.2 1,303.3 1,313.8 1,332.0 20 Large time 222.9 233.3 231.8 231.9 226.5 225.5 223.4 222.9 223.6 221.5 223.5 220.3 21 Other 1,046.5 1,080.2 1,085.7 1,087.2 1,091.9 1,096.0 1,091.8 1,096.0 1,100.6 1,081.9 1,090.3 1,111.7 22 Borrowings 561.9 633.8 643.9 630.0 620.8 621.7 635.0 641.2 636.1 667.7 639.3 624.0 23 From banks in the U.S. 191.2 213.3 218.0 215.5 210.8 208.2 215.5 219.0 213.1 224.3 218.9 218.7 24 From others 370.6 420.5 425.8 414.4 410.1 413.5 419.5 422.2 423.0 443.3 420.4 405.3 25 Net due to related foreign offices 76.2 107.8 109.0 120.2 113.1 109.0 121.6 136.9 134.1 142.8 138.9 138.9 26 Other liabilities 176.3 199.1 199.3 195.1 173.4 174.1 176.7 176.7 176.0 181.2 173.2 181.8 27 TOTAL LIABILITIES 2,465.4 2,648.4 2,645.9 2,621.0 2,584.0 2,596.2 2,599.1 2,629.0 2,627.9 2,638.2 2,644.3 2,642.8 28 Residual (assets less liabilities) (7) 273.4 285.2 288.6 293.9 295.8 295.3 296.3 293.8 296.2 294.3 290.3 290.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 50.5 68.0 66.5 64.9 46.8 48.3 50.6 50.9 51.8 52.2 46.5 54.0 30 Reval. losses on off-bal. sheet items (8) 50.9 69.6 67.2 65.4 46.6 49.0 52.5 53.4 53.1 56.1 49.4 54.3 31 Mortgage-backed securities (9) 242.3 286.7 282.1 279.2 272.2 269.5 265.5 261.0 260.1 259.4 260.9 258.5 31a Pass-through 159.8 197.2 194.3 189.6 182.5 179.6 176.9 173.6 172.8 172.4 174.0 171.5 31b CMO, REMIC, and other 82.5 89.5 87.8 89.6 89.7 89.9 88.7 87.4 87.3 87.1 86.9 86.9 32 Net unrealized gains (losses) on 3.2 3.0 3.0 2.3 0.6 0.9 0.5 -1.3 -1.1 -1.1 -2.4 -2.9 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 36.1 38.5 38.9 38.9 39.0 37.9 37.7 37.0 37.1 36.8 37.0 37.0 ------------------------------------------------- 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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,405.4 1,505.8 1,518.4 1,526.1 1,538.7 1,544.2 1,551.0 1,564.5 1,565.0 1,566.9 1,570.6 1,578.4 2 Securities in bank credit 400.2 436.1 439.6 442.8 446.9 448.4 451.6 457.2 457.1 458.6 458.7 462.1 3 U.S. government securities 308.7 329.4 331.3 332.1 335.1 335.9 338.1 343.4 343.4 344.6 344.9 347.5 4 Other securities 91.5 106.7 108.3 110.7 111.8 112.5 113.5 113.8 113.7 114.0 113.7 114.6 5 Loans and leases in bank credit (2) 1,005.2 1,069.7 1,078.8 1,083.2 1,091.7 1,095.8 1,099.3 1,107.3 1,107.9 1,108.3 1,111.9 1,116.3 6 Commercial and industrial 181.7 196.3 199.0 199.3 200.4 201.7 203.6 205.7 205.6 205.9 206.8 208.1 7 Real estate 548.5 596.3 605.1 608.7 614.4 617.0 620.9 626.7 626.6 627.9 629.2 632.9 8 Revolving home equity 28.4 28.9 28.9 28.6 28.7 28.9 29.1 29.4 29.4 29.2 29.7 29.6 9 Other 520.1 567.4 576.2 580.1 585.7 588.1 591.8 597.3 597.2 598.6 599.6 603.3 10 Consumer 198.7 198.6 197.5 197.9 199.5 201.5 200.3 201.5 201.8 202.3 202.7 200.5 11 Security (3) 5.9 6.3 6.0 5.9 6.0 5.7 5.3 5.2 5.3 4.9 5.2 5.5 12 Other loans and leases 70.4 72.2 71.2 71.4 71.5 69.9 69.3 68.2 68.6 67.3 67.9 69.3 13 Interbank loans 64.3 64.7 66.6 66.4 63.6 61.9 58.8 56.4 56.8 55.0 58.4 57.0 14 Cash assets (4) 66.5 70.0 70.2 69.8 70.0 68.9 71.8 72.2 70.7 73.1 72.8 72.1 15 Other assets (5) 59.5 73.5 77.4 77.4 78.7 79.0 81.1 82.3 80.9 83.2 84.4 93.7 16 TOTAL ASSETS (6) 1,576.7 1,694.4 1,713.0 1,720.0 1,731.2 1,733.9 1,742.5 1,755.1 1,753.2 1,757.9 1,765.8 1,781.3 L I A B I L I T I E S 17 Deposits 1,264.3 1,346.1 1,364.0 1,376.7 1,379.4 1,379.0 1,380.5 1,385.5 1,384.1 1,385.7 1,393.9 1,390.4 18 Transaction 283.8 289.3 288.6 288.3 291.1 285.0 285.8 289.4 285.5 293.3 301.3 297.0 19 Nontransaction 980.5 1,056.8 1,075.4 1,088.4 1,088.3 1,094.0 1,094.6 1,096.1 1,098.6 1,092.4 1,092.5 1,093.5 20 Large time 184.4 190.3 190.1 193.9 196.0 197.8 200.2 198.3 198.7 198.0 197.5 197.6 21 Other 796.1 866.5 885.3 894.5 892.3 896.1 894.4 897.8 899.9 894.3 895.1 895.9 22 Borrowings 159.2 184.1 182.3 186.1 191.9 190.2 195.2 199.4 199.1 199.4 200.2 206.7 23 From banks in the U.S. 73.2 85.8 83.4 85.0 86.8 85.2 88.2 91.7 91.3 93.0 93.2 96.5 24 From others 85.9 98.2 98.8 101.2 105.2 105.0 107.0 107.7 107.8 106.4 107.0 110.2 25 Net due to related foreign offices 3.9 3.6 3.0 3.2 4.5 4.9 5.0 4.1 3.8 3.3 4.4 4.4 26 Other liabilities 27.3 31.1 31.0 30.6 30.9 31.7 32.3 33.2 33.6 33.4 33.1 34.0 27 TOTAL LIABILITIES 1,454.6 1,564.8 1,580.3 1,596.6 1,606.8 1,605.7 1,613.0 1,622.2 1,620.5 1,621.7 1,631.6 1,635.6 28 Residual (assets less liabilities) (7) 122.1 129.6 132.7 123.4 124.4 128.2 129.5 132.9 132.7 136.1 134.2 145.7 ------------------------------------------------- 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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,412.0 1,504.1 1,511.8 1,515.3 1,532.9 1,549.3 1,561.1 1,571.6 1,571.5 1,574.4 1,575.1 1,578.2 2 Securities in bank credit 402.3 435.7 438.9 440.6 448.5 453.3 457.0 459.1 459.0 460.4 458.6 460.2 3 U.S. government securities 310.7 329.3 330.7 330.6 336.6 340.1 342.7 345.3 345.2 346.7 345.2 346.1 4 Other securities 91.6 106.4 108.1 110.1 111.8 113.2 114.3 113.8 113.8 113.7 113.4 114.2 5 Loans and leases in bank credit (2) 1,009.7 1,068.4 1,073.0 1,074.7 1,084.4 1,096.0 1,104.1 1,112.5 1,112.4 1,114.0 1,116.6 1,117.9 6 Commercial and industrial 183.5 195.5 198.3 198.9 201.0 203.8 206.3 207.6 207.6 207.8 208.3 209.0 7 Real estate 550.9 594.6 601.2 603.9 610.7 616.8 623.3 629.4 628.8 630.5 631.9 633.9 8 Revolving home equity 28.3 29.1 28.9 28.5 28.5 28.8 29.0 29.2 29.2 29.1 29.5 29.3 9 Other 522.7 565.5 572.3 575.4 582.2 588.0 594.2 600.2 599.6 601.4 602.4 604.6 10 Consumer 197.7 200.6 198.4 197.3 197.4 200.4 200.0 200.8 200.8 202.0 201.6 198.8 11 Security (3) 5.9 6.3 6.0 5.9 6.0 5.7 5.3 5.2 5.3 4.9 5.2 5.5 12 Other loans and leases 71.8 71.4 69.1 68.6 69.3 69.3 69.3 69.5 69.9 68.8 69.6 70.7 13 Interbank loans 60.3 69.8 66.6 66.3 66.6 62.8 54.6 53.3 54.8 47.8 52.8 57.2 14 Cash assets (4) 65.4 73.4 73.4 70.8 68.6 68.9 71.4 71.2 70.7 68.0 74.8 75.0 15 Other assets (5) 60.6 73.4 74.3 76.1 77.3 79.4 81.0 83.9 82.2 83.2 88.6 98.9 16 TOTAL ASSETS (6) 1,579.2 1,701.0 1,706.6 1,708.9 1,725.6 1,740.3 1,747.9 1,759.7 1,758.9 1,753.0 1,771.1 1,789.3 L I A B I L I T I E S 17 Deposits 1,267.3 1,352.1 1,356.7 1,359.1 1,372.4 1,384.2 1,383.1 1,388.8 1,391.1 1,377.4 1,395.2 1,399.4 18 Transaction 282.5 300.1 293.1 286.6 289.8 288.8 283.4 288.3 287.0 282.9 302.9 303.9 19 Nontransaction 984.8 1,052.0 1,063.6 1,072.6 1,082.6 1,095.4 1,099.7 1,100.5 1,104.0 1,094.6 1,092.2 1,095.5 20 Large time 184.4 190.3 190.1 193.9 196.0 197.8 200.2 198.3 198.7 198.0 197.5 197.6 21 Other 800.4 861.7 873.5 878.7 886.5 897.6 899.4 902.2 905.3 896.5 894.8 897.9 22 Borrowings 159.9 186.0 182.7 183.5 186.3 187.5 195.6 200.5 197.9 205.6 205.2 206.2 23 From banks in the U.S. 73.3 87.8 84.1 83.8 84.4 83.4 88.0 91.9 90.3 95.5 95.1 95.7 24 From others 86.6 98.2 98.6 99.7 102.0 104.1 107.5 108.6 107.6 110.1 110.1 110.5 25 Net due to related foreign offices 3.9 3.6 3.0 3.2 4.5 4.9 5.0 4.1 3.8 3.3 4.4 4.4 26 Other liabilities 27.2 30.5 31.6 31.4 31.5 32.3 32.5 33.0 33.2 33.0 33.1 33.9 27 TOTAL LIABILITIES 1,458.3 1,572.2 1,574.1 1,577.3 1,594.7 1,609.0 1,616.1 1,626.5 1,626.0 1,619.3 1,637.9 1,643.9 28 Residual (assets less liabilities) (7) 120.9 128.8 132.5 131.6 130.9 131.3 131.7 133.2 133.0 133.7 133.3 145.3 MEMO 31 Mortgage-backed securities (9) 47.9 58.7 60.0 61.8 64.1 65.3 68.1 68.6 68.4 68.7 68.5 68.5 ------------------------------------------------- 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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 573.0 600.4 585.3 570.1 553.9 551.4 542.6 533.1 535.5 535.6 526.8 520.9 2 Securities in bank credit 204.1 213.8 211.7 204.6 198.4 200.4 197.0 194.4 196.1 194.9 191.7 188.2 3 U.S. government securities 88.6 82.8 84.2 82.9 83.7 87.7 85.6 87.0 88.2 87.5 86.5 86.2 4 Other securities 115.5 131.0 127.5 121.7 114.7 112.7 111.4 107.4 107.9 107.4 105.1 102.0 5 Loans and leases in bank credit (2) 368.8 386.7 373.6 365.6 355.5 351.0 345.6 338.7 339.4 340.8 335.1 332.7 6 Commercial and industrial 213.0 217.8 213.5 212.2 210.3 208.3 201.2 196.4 197.6 196.5 192.4 193.4 7 Real estate 24.3 21.7 21.4 20.5 19.7 19.7 19.6 18.9 18.7 18.6 18.6 18.5 11 Security (3) 60.6 66.3 63.2 59.4 50.7 51.4 52.7 51.0 50.4 51.6 51.6 49.2 12 Other loans and leases 70.9 80.8 75.5 73.5 74.7 71.6 72.2 72.5 72.7 74.0 72.5 71.5 13 Interbank loans 24.0 28.1 29.4 31.5 25.7 25.4 26.8 24.9 25.5 23.8 24.8 26.7 14 Cash assets (4) 34.9 36.0 36.6 36.3 37.1 37.7 38.9 35.3 37.3 32.9 32.0 34.8 15 Other assets (5) 34.0 38.6 38.7 37.8 37.5 37.4 35.4 32.7 35.4 30.0 34.5 35.7 16 TOTAL ASSETS (6) 665.6 702.9 689.7 675.5 653.9 651.7 643.4 625.7 633.4 622.1 617.8 617.9 L I A B I L I T I E S 17 Deposits 304.6 311.9 321.0 322.1 310.4 313.8 311.7 306.4 309.0 307.6 303.9 310.2 18 Transaction 11.6 11.6 12.9 13.7 12.7 12.2 12.5 12.8 13.1 12.5 12.9 12.6 19 Nontransaction 293.0 300.4 308.0 308.4 297.8 301.6 299.3 293.5 295.9 295.1 291.0 297.6 22 Borrowings 188.9 203.8 193.6 181.0 174.4 174.7 175.6 182.9 187.3 183.6 179.9 174.0 23 From banks in the U.S. 28.9 27.3 21.6 17.9 23.9 21.2 21.1 25.9 30.2 26.0 22.9 26.6 24 From others 160.0 176.4 172.0 163.1 150.5 153.5 154.5 157.0 157.1 157.6 157.0 147.4 25 Net due to related foreign offices 98.6 101.4 101.7 100.1 99.6 95.1 85.8 71.6 70.7 64.1 71.4 75.6 26 Other liabilities 67.7 76.8 74.5 70.2 67.2 67.4 60.8 59.3 60.9 57.8 59.6 62.4 27 TOTAL LIABILITIES 659.8 694.0 690.8 673.3 651.6 650.9 634.0 620.2 627.8 613.2 614.9 622.2 28 Residual (assets less liabilities) (7) 5.8 8.9 -1.1 2.2 2.3 0.8 9.5 5.5 5.6 8.8 2.9 -4.3 ------------------------------------------------- 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 July 16, 1999 Account 1998 1998 1999 1999 1999 1999 1999 1999 Week ending Jun Dec Jan Feb Mar Apr May Jun Jun 16 Jun 23 Jun 30 Jul 7 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 570.0 603.3 588.8 573.9 555.5 548.6 537.3 530.0 531.2 530.4 526.3 518.5 2 Securities in bank credit 203.2 212.4 212.0 206.2 199.5 198.8 195.2 193.5 194.1 193.0 191.3 187.1 3 U.S. government securities 88.9 83.0 83.9 83.2 84.5 87.4 86.4 87.4 88.2 87.3 87.2 86.2 3a Trading account 20.1 15.3 17.4 18.0 19.1 20.3 17.5 19.0 19.4 19.0 18.6 17.5 3b Investment account 68.8 67.7 66.5 65.3 65.5 67.1 68.9 68.4 68.8 68.2 68.6 68.7 4 Other securities 114.4 129.4 128.1 123.0 115.0 111.4 108.8 106.1 105.9 105.8 104.1 100.8 4a Trading account 70.1 79.1 79.0 74.7 70.3 68.4 67.6 63.4 62.9 62.9 61.7 59.3 4b Investment account 44.2 50.4 49.1 48.2 44.7 43.0 41.2 42.7 43.0 42.9 42.4 41.6 5 Loans and leases in bank credit (2) 366.8 390.9 376.8 367.7 356.0 349.7 342.1 336.5 337.0 337.4 335.0 331.4 6 Commercial and industrial 211.4 220.5 215.3 214.0 210.7 206.8 198.5 194.7 195.5 195.0 191.7 192.6 7 Real estate 24.0 21.8 21.6 20.8 19.8 19.5 19.3 18.6 18.5 18.4 18.3 18.4 11 Security (3) 60.9 66.8 63.2 59.1 51.4 51.4 52.4 51.2 50.9 51.4 52.5 48.8 12 Other loans and leases 70.4 81.8 76.8 73.7 74.1 72.1 71.8 72.0 72.2 72.5 72.5 71.6 13 Interbank loans 24.0 28.1 29.4 31.5 25.7 25.4 26.8 24.9 25.5 23.8 24.8 26.7 14 Cash assets (4) 35.7 37.5 37.0 35.5 36.0 36.5 38.6 36.1 38.3 33.7 33.0 35.1 15 Other assets (5) 33.0 40.1 39.0 39.0 38.1 35.7 34.6 31.7 34.3 28.6 32.9 34.3 16 TOTAL ASSETS (6) 662.4 708.7 693.9 679.6 655.0 645.9 637.0 622.4 628.9 616.3 616.8 614.4 L I A B I L I T I E S 17 Deposits 305.5 315.6 318.4 320.8 313.7 313.2 314.0 307.0 309.3 307.9 303.3 305.4 18 Transaction 11.4 12.0 13.0 13.5 12.8 12.0 12.2 12.6 12.7 12.2 13.4 12.8 19 Nontransaction 294.1 303.6 305.4 307.4 300.9 301.2 301.8 294.4 296.6 295.7 289.9 292.7 22 Borrowings 188.9 203.8 193.6 181.0 174.4 174.7 175.6 182.9 187.3 183.6 179.9 174.0 23 From banks in the U.S. 28.9 27.3 21.6 17.9 23.9 21.2 21.1 25.9 30.2 26.0 22.9 26.6 24 From others 160.0 176.4 172.0 163.1 150.5 153.5 154.5 157.0 157.1 157.6 157.0 147.4 25 Net due to related foreign offices 96.6 107.7 104.4 103.7 97.8 89.5 83.9 70.3 68.3 64.1 71.9 71.9 26 Other liabilities 67.2 78.2 74.7 71.8 67.2 66.3 60.3 58.8 60.3 57.2 59.1 61.0 27 TOTAL LIABILITIES 658.1 705.3 691.1 677.3 653.1 643.6 633.9 619.1 625.2 612.8 614.2 612.4 28 Residual (assets less liabilities) (7) 4.3 3.4 2.8 2.4 2.0 2.2 3.1 3.3 3.8 3.5 2.6 1.9 MEMO 29 Reval. gains on off-bal. sheet items (8) 42.2 48.2 46.0 43.6 40.2 38.8 36.8 33.4 33.7 32.7 31.6 33.4 30 Reval. losses on off-bal. sheet items (8) 40.6 44.5 42.3 41.3 39.2 38.9 35.9 32.6 32.7 31.6 31.4 33.4 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 July 16, 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: Domestically chartered commercial banks acquired $0.3 billion in assets and liabiliities of nonbank institutions in the week ending July 7, 1999. The major asset items affected were (in billions): real estate loans, other, $0.1; consumer loans, $0.1; and commercial and industrial loans, $0.1. The major liability item affected was nontransaction deposits, other, $0.3. Also, large domestically chartered commercial banks acquired $2.1 billion in assets and liabilities of nonbank institutions in the week ending June 30, 1999. The major asset items affected were (in billions): commercial and industrial loans, $1.9; and other assets, $0.1. The major liability items affected were: other liabilities, $1.9; and residual (assets less liabilities), $0.2.