H.8 (510) ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1) For use at 4:15 p.m. Eastern Time Seasonally adjusted, billions of dollars November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,716.5 3,898.0 3,902.1 3,920.7 3,949.1 3,959.1 3,981.3 4,017.3 4,022.5 4,031.5 4,046.0 4,054.4 2 Securities in bank credit 968.9 1,033.4 1,014.3 1,010.0 1,028.3 1,021.8 1,028.2 1,044.3 1,046.9 1,055.2 1,068.8 1,074.5 3 U.S. government securities 702.2 723.7 723.4 726.3 726.1 713.9 722.2 730.7 729.5 737.6 740.0 741.5 4 Other securities 266.7 309.7 290.9 283.7 302.2 307.9 306.0 313.6 317.4 317.6 328.8 333.0 5 Loans and leases in bank credit (2) 2,747.6 2,864.6 2,887.8 2,910.7 2,920.8 2,937.4 2,953.1 2,973.0 2,975.6 2,976.3 2,977.2 2,979.9 6 Commercial and industrial 770.5 803.5 807.8 812.6 816.5 824.5 836.3 843.8 843.2 840.8 840.9 843.3 7 Real estate 1,115.6 1,167.8 1,178.9 1,188.6 1,193.6 1,199.3 1,206.2 1,210.3 1,209.4 1,211.0 1,217.6 1,218.7 8 Revolving home equity 83.5 89.7 90.9 92.5 93.5 94.3 95.5 96.6 96.8 96.9 97.1 97.3 9 Other 1,032.2 1,078.1 1,087.9 1,096.1 1,100.2 1,105.0 1,110.7 1,113.8 1,112.5 1,114.1 1,120.5 1,121.4 10 Consumer 519.2 515.1 516.5 517.8 517.1 517.5 513.4 507.5 507.8 507.0 506.1 504.9 11 Security (3) 75.8 89.4 88.3 92.6 93.6 93.5 94.8 104.7 107.4 108.4 103.2 101.2 12 Other loans and leases 266.5 288.8 296.3 299.1 299.9 302.6 302.3 306.7 307.8 309.2 309.4 311.9 13 Interbank loans 204.5 215.5 217.7 190.3 184.4 191.2 199.1 199.6 197.1 199.5 193.3 204.7 14 Cash assets (4) 226.1 246.4 243.7 247.8 244.5 261.4 256.7 267.3 279.8 258.5 274.1 291.8 15 Other assets (5) 253.0 278.5 280.7 286.9 283.0 285.4 286.0 295.3 296.5 293.1 307.9 323.1 16 TOTAL ASSETS (6) 4,343.3 4,581.9 4,587.7 4,589.0 4,604.1 4,640.2 4,666.4 4,722.8 4,739.1 4,725.9 4,764.3 4,817.3 L I A B I L I T I E S 17 Deposits 2,803.0 2,948.5 2,934.3 2,967.0 2,988.5 3,011.5 3,026.1 3,039.3 3,032.8 3,032.2 3,068.6 3,106.5 18 Transaction 719.0 701.6 689.4 693.1 688.1 694.3 679.2 678.8 679.6 679.5 678.3 707.1 19 Nontransaction 2,084.1 2,246.9 2,244.9 2,273.9 2,300.4 2,317.2 2,346.9 2,360.5 2,353.2 2,352.7 2,390.3 2,399.4 20 Large time 490.6 567.2 561.4 577.6 596.4 602.4 618.1 616.9 611.9 619.5 623.9 627.7 21 Other 1,593.5 1,679.7 1,683.5 1,696.2 1,703.9 1,714.8 1,728.9 1,743.6 1,741.3 1,733.2 1,766.4 1,771.7 22 Borrowings 688.5 761.3 760.7 727.7 726.6 740.1 761.1 802.0 817.1 811.5 810.9 822.3 23 From banks in the U.S. 288.3 310.8 299.0 266.2 262.1 273.9 281.4 291.2 297.7 280.4 294.0 294.8 24 From others 400.2 450.5 461.7 461.5 464.5 466.2 479.7 510.8 519.3 531.1 516.9 527.5 25 Net due to related foreign offices 244.1 211.6 234.1 229.5 215.0 206.7 205.6 186.7 189.4 176.2 189.7 182.7 26 Other liabilities 241.8 271.4 265.1 266.9 279.5 285.5 275.1 292.2 290.2 305.6 298.1 298.3 27 TOTAL LIABILITIES 3,977.3 4,192.8 4,194.1 4,191.1 4,209.6 4,243.8 4,267.9 4,320.2 4,329.5 4,325.4 4,367.3 4,409.8 28 Residual (assets less liabilities) (7) 365.9 389.1 393.5 397.9 394.6 396.4 398.5 402.6 409.7 400.5 397.0 407.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 2 ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,718.3 3,897.5 3,906.7 3,924.5 3,944.9 3,960.3 3,982.7 4,018.8 4,016.5 4,033.0 4,060.3 4,057.6 2 Securities in bank credit 968.9 1,035.9 1,023.3 1,016.5 1,025.6 1,027.0 1,028.4 1,044.2 1,043.6 1,056.0 1,073.2 1,074.7 3 U.S. government securities 702.7 726.4 725.9 726.2 722.1 716.6 723.3 731.4 730.5 737.4 742.8 742.6 4 Other securities 266.2 309.5 297.5 290.3 303.5 310.4 305.1 312.8 313.1 318.6 330.4 332.1 5 Loans and leases in bank credit (2) 2,749.4 2,861.6 2,883.3 2,908.0 2,919.3 2,933.4 2,954.3 2,974.6 2,972.9 2,977.1 2,987.1 2,982.9 6 Commercial and industrial 766.9 810.8 814.6 816.1 817.8 820.2 830.5 839.7 838.5 837.0 840.9 840.1 7 Real estate 1,118.7 1,163.3 1,174.5 1,186.9 1,193.7 1,201.0 1,209.5 1,213.7 1,211.6 1,213.7 1,221.9 1,223.6 8 Revolving home equity 84.0 89.0 90.7 92.5 93.5 94.6 96.2 97.1 97.3 97.5 97.7 97.9 9 Other 1,034.7 1,074.3 1,083.7 1,094.4 1,100.2 1,106.3 1,113.3 1,116.5 1,114.3 1,116.2 1,124.2 1,125.7 10 Consumer 519.4 512.6 514.4 515.0 514.7 518.0 515.6 507.6 508.1 507.7 506.2 504.8 11 Security (3) 75.7 89.9 88.7 92.2 92.1 91.6 93.9 104.5 106.7 108.2 105.7 101.9 12 Other loans and leases 268.7 285.0 291.1 297.8 300.9 302.6 304.8 309.2 307.9 310.4 312.5 312.6 13 Interbank loans 199.3 213.9 213.2 187.8 182.2 186.8 193.5 194.4 186.8 193.0 197.2 210.3 14 Cash assets (4) 227.0 241.6 241.5 244.4 240.8 247.8 253.4 268.2 263.3 259.6 271.3 302.3 15 Other assets (5) 250.4 276.2 283.0 287.1 285.1 288.7 288.7 292.1 286.4 291.2 308.5 324.4 16 TOTAL ASSETS (6) 4,338.4 4,572.7 4,587.8 4,587.0 4,596.3 4,626.6 4,661.4 4,717.0 4,696.4 4,720.4 4,780.5 4,837.9 L I A B I L I T I E S 17 Deposits 2,807.9 2,945.9 2,925.6 2,962.2 2,979.9 3,001.5 3,026.2 3,047.0 3,014.0 3,031.4 3,089.5 3,130.5 18 Transaction 716.7 704.8 679.5 687.4 681.9 681.8 677.7 676.7 653.9 673.3 683.4 716.3 19 Nontransaction 2,091.2 2,241.1 2,246.1 2,274.8 2,298.0 2,319.7 2,348.5 2,370.3 2,360.2 2,358.2 2,406.1 2,414.1 20 Large time 495.6 562.8 566.2 577.4 592.1 601.6 613.3 624.5 622.5 630.7 632.9 634.3 21 Other 1,595.6 1,678.3 1,679.9 1,697.3 1,705.9 1,718.1 1,735.1 1,745.8 1,737.6 1,727.5 1,773.3 1,779.8 22 Borrowings 680.9 762.1 770.9 748.2 741.2 745.4 764.8 791.8 803.3 799.9 805.1 810.2 23 From banks in the U.S. 281.7 309.5 307.5 280.0 271.1 279.1 283.1 283.2 284.2 272.9 288.9 292.3 24 From others 399.2 452.6 463.4 468.2 470.2 466.3 481.7 508.6 519.1 527.1 516.2 517.9 25 Net due to related foreign offices 245.7 210.0 236.5 219.8 211.4 202.5 198.3 187.2 193.5 182.6 179.2 179.2 26 Other liabilities 240.9 271.7 268.7 269.2 277.8 284.5 275.7 290.9 285.8 307.3 302.1 303.8 27 TOTAL LIABILITIES 3,975.3 4,189.7 4,201.8 4,199.4 4,210.3 4,233.8 4,264.9 4,316.9 4,296.6 4,321.3 4,375.9 4,423.7 28 Residual (assets less liabilities) (7) 363.1 383.0 386.0 387.6 386.0 392.8 396.5 400.1 399.8 399.1 404.6 414.2 MEMO 29 Reval. gains on off-bal. sheet items (8) 62.5 90.1 81.4 76.1 84.3 86.1 78.2 77.4 77.3 82.3 81.1 84.7 30 Reval. losses on off-bal. sheet items (8) 58.4 87.8 85.2 79.9 87.7 89.3 81.4 80.7 80.6 85.1 83.1 86.7 ------------------------------------------------- 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 November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,235.5 3,366.9 3,367.9 3,387.0 3,413.0 3,427.1 3,444.5 3,473.8 3,480.0 3,488.3 3,488.9 3,507.9 2 Securities in bank credit 819.9 856.5 841.3 836.6 847.9 843.5 844.9 862.3 868.6 873.0 872.2 881.4 3 U.S. government securities 619.5 636.4 634.8 636.1 634.7 627.2 632.9 643.3 645.7 650.8 652.0 655.4 4 Other securities 200.4 220.1 206.5 200.5 213.2 216.2 212.0 219.0 222.8 222.2 220.2 225.9 5 Loans and leases in bank credit (2) 2,415.6 2,510.4 2,526.6 2,550.4 2,565.1 2,583.7 2,599.6 2,611.5 2,611.4 2,615.3 2,616.7 2,626.5 6 Commercial and industrial 564.5 587.6 589.8 594.8 598.9 605.4 614.7 620.6 620.8 620.7 619.8 623.7 7 Real estate 1,082.9 1,136.5 1,148.4 1,159.1 1,165.3 1,171.3 1,178.9 1,183.1 1,182.0 1,184.0 1,190.3 1,192.1 8 Revolving home equity 83.5 89.7 90.9 92.5 93.5 94.3 95.5 96.6 96.8 96.9 97.1 97.3 9 Other 999.4 1,046.8 1,057.4 1,066.6 1,071.8 1,076.9 1,083.3 1,086.6 1,085.2 1,087.0 1,093.2 1,094.8 10 Consumer 519.2 515.1 516.5 517.8 517.1 517.5 513.4 507.5 507.8 507.0 506.1 504.9 11 Security (3) 42.9 46.5 45.6 47.8 50.0 51.0 51.4 57.6 56.3 61.3 55.9 57.5 12 Other loans and leases 206.1 224.6 226.4 231.0 233.8 238.5 241.1 242.7 244.5 242.5 244.6 248.3 13 Interbank loans 183.9 196.9 197.9 171.7 166.2 173.8 182.1 180.7 178.7 175.9 179.1 180.9 14 Cash assets (4) 196.4 213.8 210.1 212.7 211.1 227.5 221.9 233.3 245.8 224.1 238.1 255.7 15 Other assets (5) 219.5 239.5 242.1 246.1 240.5 242.8 244.1 254.1 255.3 251.8 264.5 278.9 16 TOTAL ASSETS (6) 3,778.8 3,960.8 3,961.8 3,961.1 3,974.2 4,014.6 4,036.2 4,085.3 4,103.3 4,083.6 4,113.9 4,166.8 L I A B I L I T I E S 17 Deposits 2,605.6 2,691.8 2,685.0 2,712.9 2,722.0 2,744.6 2,755.5 2,772.8 2,769.4 2,763.4 2,798.9 2,829.8 18 Transaction 708.6 690.9 678.5 682.5 677.4 682.9 668.0 667.8 669.0 668.3 667.3 695.7 19 Nontransaction 1,897.0 2,000.9 2,006.5 2,030.4 2,044.6 2,061.8 2,087.6 2,105.0 2,100.4 2,095.2 2,131.6 2,134.1 20 Large time 305.8 323.8 325.5 336.7 343.3 349.6 361.2 364.0 361.5 364.4 369.5 371.1 21 Other 1,591.3 1,677.1 1,681.0 1,693.7 1,701.4 1,712.2 1,726.3 1,741.0 1,738.9 1,730.8 1,762.2 1,763.0 22 Borrowings 571.0 622.7 620.0 591.1 593.3 604.6 620.3 642.7 659.0 650.4 638.1 657.0 23 From banks in the U.S. 255.9 278.9 267.7 238.2 233.9 244.7 247.9 255.7 262.7 250.5 256.8 265.3 24 From others 315.0 343.7 352.3 352.9 359.4 359.9 372.4 387.0 396.3 399.9 381.3 391.7 25 Net due to related foreign offices 76.5 77.3 85.7 81.1 85.6 79.5 83.5 73.2 76.2 63.0 74.2 75.2 26 Other liabilities 167.5 179.7 176.4 177.8 184.1 189.1 180.2 198.2 196.5 209.1 202.8 202.4 27 TOTAL LIABILITIES 3,420.6 3,571.4 3,567.0 3,562.8 3,585.0 3,617.9 3,639.5 3,687.0 3,701.1 3,685.9 3,714.1 3,764.5 28 Residual (assets less liabilities) (7) 358.2 389.4 394.8 398.3 389.2 396.8 396.7 398.3 402.3 397.7 399.8 402.2 ------------------------------------------------- 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 November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,238.5 3,366.2 3,369.9 3,390.4 3,408.4 3,424.4 3,448.0 3,476.7 3,476.4 3,490.0 3,500.2 3,511.3 2 Securities in bank credit 819.9 858.5 845.5 842.4 846.4 845.0 846.8 862.2 866.2 872.8 874.4 881.0 3 U.S. government securities 620.6 639.7 636.7 637.2 633.4 628.4 635.1 644.7 647.3 651.3 654.4 656.2 4 Other securities 199.3 218.8 208.7 205.2 213.0 216.7 211.7 217.5 218.9 221.4 220.1 224.8 5 Loans and leases in bank credit (2) 2,418.6 2,507.8 2,524.5 2,548.0 2,562.0 2,579.3 2,601.2 2,614.4 2,610.2 2,617.3 2,625.8 2,630.3 6 Commercial and industrial 562.1 594.2 596.3 597.5 599.0 601.0 610.4 617.8 617.4 617.9 619.3 621.2 7 Real estate 1,085.8 1,132.4 1,144.2 1,157.5 1,165.4 1,172.9 1,182.1 1,186.3 1,184.2 1,186.4 1,194.2 1,196.7 8 Revolving home equity 84.0 89.0 90.7 92.5 93.5 94.6 96.2 97.1 97.3 97.5 97.7 97.9 9 Other 1,001.8 1,043.4 1,053.5 1,065.1 1,071.9 1,078.3 1,085.9 1,089.1 1,086.9 1,088.9 1,096.5 1,098.8 10 Consumer 519.4 512.6 514.4 515.0 514.7 518.0 515.6 507.6 508.1 507.7 506.2 504.8 11 Security (3) 42.8 47.0 46.0 47.4 48.5 49.1 50.5 57.4 55.6 61.1 58.5 58.1 12 Other loans and leases 208.5 221.5 223.5 230.6 234.3 238.3 242.7 245.3 244.8 244.2 247.6 249.6 13 Interbank loans 178.7 195.3 193.4 169.2 163.9 169.4 176.5 175.5 168.5 169.5 183.0 186.5 14 Cash assets (4) 197.0 209.9 207.8 208.6 207.2 214.0 219.5 233.9 229.0 224.6 235.5 265.7 15 Other assets (5) 217.3 238.6 243.4 246.4 243.4 245.3 246.3 251.2 245.9 249.9 264.8 280.0 16 TOTAL ASSETS (6) 3,775.0 3,953.9 3,958.3 3,958.0 3,966.6 3,996.4 4,033.7 4,081.0 4,063.6 4,077.8 4,127.0 4,187.0 L I A B I L I T I E S 17 Deposits 2,605.1 2,695.6 2,675.8 2,707.7 2,716.4 2,736.8 2,756.6 2,772.6 2,740.6 2,752.7 2,812.8 2,848.4 18 Transaction 706.2 694.6 669.1 676.9 671.1 670.6 666.0 665.7 643.5 661.9 672.5 705.0 19 Nontransaction 1,898.9 2,001.0 2,006.7 2,030.8 2,045.3 2,066.1 2,090.6 2,106.8 2,097.1 2,090.7 2,140.3 2,143.4 20 Large time 305.6 325.3 329.4 336.0 341.9 350.6 358.0 363.6 362.0 365.7 371.3 372.4 21 Other 1,593.3 1,675.8 1,677.3 1,694.8 1,703.4 1,715.5 1,732.6 1,743.2 1,735.1 1,725.0 1,769.0 1,771.0 22 Borrowings 566.7 621.0 630.5 606.5 599.0 604.7 623.0 637.2 648.3 647.0 634.9 651.2 23 From banks in the U.S. 251.9 277.4 276.7 250.2 241.2 249.3 250.4 251.0 254.1 245.4 253.2 262.5 24 From others 314.9 343.6 353.8 356.3 357.9 355.3 372.7 386.3 394.2 401.6 381.7 388.7 25 Net due to related foreign offices 78.2 78.8 92.3 79.6 83.2 77.1 79.3 74.8 81.8 69.4 71.2 71.2 26 Other liabilities 168.2 180.2 177.3 179.1 184.6 187.6 180.9 198.9 195.5 212.2 207.1 206.8 27 TOTAL LIABILITIES 3,418.2 3,575.6 3,576.0 3,573.0 3,583.2 3,606.2 3,639.8 3,683.5 3,666.2 3,681.3 3,726.0 3,777.6 28 Residual (assets less liabilities) (7) 356.8 378.4 382.4 385.1 383.4 390.2 393.9 397.4 397.3 396.5 400.9 409.4 MEMO 29 Reval. gains on off-bal. sheet items (8) 32.5 49.5 42.0 38.5 44.3 45.1 37.5 38.2 38.9 41.4 39.8 43.3 30 Reval. losses on off-bal. sheet items (8) 28.9 44.6 43.4 40.2 45.9 46.5 40.0 41.3 41.7 43.8 41.9 45.2 31 Mortgage-backed securities (9) 237.0 248.6 248.7 249.8 251.3 253.1 255.5 260.8 261.0 263.3 268.9 268.7 ------------------------------------------------- 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 November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,886.2 1,963.9 1,955.2 1,969.1 2,005.3 2,008.0 2,019.2 2,044.9 2,051.3 2,057.2 2,051.1 2,070.8 2 Securities in bank credit 418.8 446.5 429.9 426.4 441.7 437.3 440.0 455.9 462.0 465.6 464.4 473.7 3 U.S. government securities 298.3 309.5 306.4 308.2 309.8 302.3 309.1 318.8 321.3 325.6 327.6 331.1 3a Trading account 21.3 20.3 19.4 22.9 23.7 20.6 23.3 25.5 26.8 27.8 26.2 25.9 3b Investment account 277.0 289.2 287.0 285.4 286.1 281.7 285.8 293.4 294.5 297.8 301.3 305.2 4 Other securities 120.5 137.0 123.5 118.2 131.9 134.9 130.8 137.1 140.7 140.0 136.9 142.6 4a Trading account 55.1 72.0 58.4 51.8 64.2 63.7 59.6 65.4 68.7 68.4 65.9 71.6 4b Investment account 65.4 65.0 65.1 66.4 67.7 71.3 71.2 71.8 72.0 71.6 70.9 71.0 4c State and local government 20.2 20.8 21.1 21.7 22.1 22.3 22.1 22.0 22.0 22.0 22.0 21.9 4d Other 45.2 44.2 44.0 44.6 45.5 49.0 49.2 49.8 50.0 49.7 49.0 49.2 5 Loans and leases in bank credit (2) 1,467.4 1,517.5 1,525.4 1,542.7 1,563.7 1,570.7 1,579.3 1,588.9 1,589.3 1,591.6 1,586.7 1,597.0 6 Commercial and industrial 395.0 409.9 410.2 414.1 419.3 424.1 431.9 436.4 436.7 436.4 434.1 437.9 6a Bankers acceptances 1.8 1.6 1.6 1.6 1.6 1.5 1.5 1.3 1.3 1.3 1.2 1.3 6b Other 393.1 408.3 408.7 412.5 417.7 422.6 430.4 435.1 435.4 435.1 432.8 436.7 7 Real estate 593.0 608.0 614.5 620.8 627.4 627.6 629.1 629.5 628.2 629.4 632.8 635.2 8 Revolving home equity 57.8 60.7 61.6 63.0 64.5 65.1 66.0 66.6 66.8 66.9 66.9 67.1 9 Other 535.2 547.3 552.9 557.9 562.9 562.5 563.1 562.9 561.4 562.5 565.9 568.1 10 Consumer 296.2 298.0 299.4 300.4 303.7 301.5 299.3 296.1 296.8 295.5 293.5 292.6 11 Security (3) 38.5 41.9 41.0 43.2 45.4 46.2 46.6 52.5 51.2 56.2 50.8 52.4 11a Fed funds and RPs with broker/dealer 22.9 23.8 23.3 26.4 28.6 30.0 29.6 35.4 33.8 38.6 34.5 36.6 11b Other 15.6 18.1 17.6 16.8 16.9 16.3 16.9 17.1 17.4 17.6 16.3 15.8 12a State and local government 11.5 11.1 11.0 11.2 11.2 11.3 11.4 11.3 11.2 11.2 11.3 11.3 12b Agricultural 8.4 8.4 8.6 8.5 8.7 8.8 8.9 9.0 9.0 9.2 9.2 9.3 12c Fed funds and RPs with others 6.3 7.4 5.8 6.4 7.4 6.3 6.6 8.9 10.7 8.3 7.4 8.6 12d All other loans 60.8 63.9 64.7 66.2 66.0 68.7 68.4 67.4 67.6 67.2 69.1 71.0 12e Lease financing receivables 57.7 68.8 70.3 72.0 74.5 76.2 77.2 77.9 78.0 78.2 78.6 78.7 13 Interbank loans 140.1 148.4 149.2 121.3 115.6 121.6 128.0 124.6 124.2 120.1 123.1 125.5 13a Fed funds and RPs with banks 87.3 96.3 92.8 69.5 69.8 74.1 80.9 78.0 78.0 74.3 76.0 79.3 13b Other 52.7 52.2 56.3 51.8 45.8 47.4 47.2 46.6 46.3 45.7 47.1 46.2 14 Cash assets (4) 136.3 145.2 142.9 143.0 143.0 156.3 150.7 163.4 174.3 157.5 167.2 186.3 15 Other assets (5) 170.7 180.1 183.9 183.6 178.5 180.2 184.5 193.0 192.1 192.0 200.5 195.9 16 TOTAL ASSETS (6) 2,296.1 2,400.9 2,394.8 2,380.3 2,405.7 2,429.5 2,446.2 2,489.5 2,505.5 2,490.4 2,505.5 2,542.1 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 6 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars (continued) November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,428.5 1,458.8 1,448.8 1,467.3 1,476.2 1,490.2 1,498.0 1,506.5 1,502.5 1,500.1 1,521.5 1,547.1 18 Transaction 405.1 384.6 374.1 377.8 375.0 379.3 367.8 368.7 368.6 368.2 368.0 394.2 19 Nontransaction 1,023.4 1,074.2 1,074.7 1,089.5 1,101.2 1,111.0 1,130.2 1,137.8 1,133.9 1,131.9 1,153.5 1,152.9 20 Large time 158.0 167.9 168.1 176.6 182.6 188.0 198.1 199.4 197.4 200.1 203.2 205.3 21 Other 865.4 906.3 906.6 913.0 918.7 922.9 932.1 938.4 936.5 931.8 950.3 947.6 22 Borrowings 417.9 463.9 463.2 434.6 437.2 446.1 463.9 488.3 502.2 495.5 484.5 501.1 23 From banks in the U.S. 170.7 193.7 181.7 157.7 157.6 167.2 174.1 181.6 185.8 175.4 185.0 192.2 24 From others 247.2 270.2 281.5 276.9 279.6 278.9 289.8 306.6 316.4 320.1 299.5 309.0 25 Net due to related foreign offices 73.2 72.9 81.5 77.3 80.8 75.0 78.7 68.1 70.7 58.1 68.8 69.9 26 Other liabilities 143.0 154.1 150.0 150.7 158.0 162.1 152.4 170.6 169.3 181.5 174.4 172.7 27 TOTAL LIABILITIES 2,062.6 2,149.7 2,143.5 2,130.0 2,152.3 2,173.4 2,193.0 2,233.6 2,244.6 2,235.2 2,249.2 2,290.8 28 Residual (assets less liabilities) (7) 233.5 251.3 251.3 250.3 253.4 256.0 253.2 255.9 260.9 255.2 256.3 251.3 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 7 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,886.7 1,963.0 1,957.4 1,971.5 2,000.2 2,005.5 2,018.9 2,045.0 2,044.9 2,056.9 2,060.4 2,072.5 2 Securities in bank credit 419.9 445.0 432.2 430.5 440.9 440.6 441.4 456.9 460.5 466.6 468.2 474.5 3 U.S. government securities 300.5 309.5 306.8 307.5 309.3 305.0 310.8 321.2 323.7 327.5 331.4 333.0 3a Trading account 22.1 20.5 19.6 21.4 22.6 21.3 23.4 26.3 28.1 28.4 27.8 27.3 3b Investment account 278.3 289.0 287.1 286.1 286.7 283.8 287.4 294.9 295.5 299.1 303.6 305.7 3c Mortgage-backed 169.9 184.5 184.4 185.2 188.5 187.8 189.6 195.1 195.2 198.2 202.8 202.0 3d Other 108.4 104.5 102.7 100.9 98.2 96.0 97.9 99.8 100.3 100.9 100.8 103.6 3e 1 year or less 31.5 29.0 27.5 27.5 26.2 26.2 27.0 25.7 25.2 26.8 27.2 29.0 3f Between 1 and 5 years 60.7 57.5 56.8 54.5 51.2 48.8 48.7 51.6 51.7 52.4 52.4 53.1 3g More than 5 years 16.2 17.9 18.5 18.8 20.7 21.0 22.2 22.6 23.4 21.7 21.2 21.6 4 Other securities 119.4 135.4 125.4 123.0 131.7 135.6 130.7 135.6 136.8 139.1 136.8 141.5 4a Trading account 53.5 70.8 60.6 57.0 64.9 64.8 59.4 63.3 64.3 66.9 65.0 69.7 4b Investment account 65.9 64.6 64.8 66.0 66.8 70.8 71.2 72.3 72.5 72.2 71.8 71.8 4c State and local government 20.2 20.9 21.2 21.8 21.7 22.0 22.0 22.0 22.0 22.0 22.0 22.0 4d Other 45.7 43.7 43.7 44.2 45.0 48.8 49.2 50.3 50.6 50.2 49.8 49.9 5 Loans and leases in bank credit (2) 1,466.8 1,518.0 1,525.2 1,541.1 1,559.3 1,564.9 1,577.5 1,588.2 1,584.4 1,590.3 1,592.2 1,598.0 6 Commercial and industrial 393.2 415.2 415.4 415.6 419.4 420.9 428.6 434.2 433.7 434.3 434.2 436.0 6a Bankers acceptances 1.9 1.5 1.5 1.6 1.5 1.5 1.5 1.4 1.4 1.4 1.3 1.4 6b Other 391.2 413.7 413.8 414.0 417.9 419.4 427.1 432.9 432.3 432.9 432.9 434.7 7 Real estate 593.7 606.6 611.9 619.4 627.1 628.0 630.1 630.3 628.0 629.3 634.5 637.7 8 Revolving home equity 58.1 60.3 61.5 63.0 64.5 65.3 66.4 67.0 67.1 67.2 67.3 67.5 9a Other residential 332.0 338.8 341.3 345.0 347.9 348.7 348.5 346.7 344.5 345.2 349.6 352.1 9b Commercial 203.7 207.5 209.1 211.4 214.7 214.0 215.3 216.6 216.3 216.9 217.7 218.0 10 Consumer 295.8 295.9 297.7 299.3 301.5 302.0 300.7 295.6 296.1 295.2 293.0 292.1 11 Security (3) 38.4 42.4 41.6 42.9 44.1 44.4 45.7 52.4 50.8 56.2 53.1 52.8 11a Fed funds and RPs with broker/dealer 22.9 24.8 24.1 25.9 27.9 28.5 29.3 35.4 33.5 38.3 36.9 37.3 11b Other 15.5 17.6 17.5 17.0 16.2 15.9 16.4 16.9 17.3 17.9 16.2 15.5 12a State and local government 11.6 11.1 11.0 11.2 11.3 11.4 11.5 11.3 11.3 11.2 11.4 11.3 12b Agricultural 8.5 8.3 8.5 8.6 9.0 9.1 9.1 9.1 9.0 9.2 9.2 9.3 12c Fed funds and RPs with others 6.2 7.1 5.8 6.6 7.6 6.2 7.2 8.7 10.2 8.0 6.7 7.3 12d All other loans 61.8 62.7 63.1 65.6 65.4 67.5 68.0 68.5 67.4 68.6 71.5 72.7 12e Lease financing receivables 57.7 68.7 70.1 71.8 74.0 75.3 76.5 78.0 78.0 78.2 78.6 78.7 13 Interbank loans 134.6 146.4 148.1 121.6 116.0 118.2 124.2 119.2 115.4 115.8 120.8 125.7 13a Fed funds and RPs with banks 82.1 96.3 93.7 70.9 69.2 71.0 77.7 72.8 69.4 71.0 75.1 80.6 13b Other 52.5 50.1 54.4 50.7 46.8 47.1 46.5 46.3 45.9 44.8 45.7 45.0 14 Cash assets (4) 135.8 142.6 141.0 140.3 139.6 145.1 149.8 162.9 159.8 157.2 163.2 193.4 15 Other assets (5) 168.7 180.2 185.7 185.9 181.5 182.7 186.3 190.4 186.8 190.5 199.2 194.8 16 TOTAL ASSETS (6) 2,288.7 2,395.7 2,395.7 2,382.6 2,400.6 2,414.7 2,442.7 2,481.3 2,470.7 2,484.3 2,507.2 2,550.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 8 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars (continued) November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,425.7 1,460.4 1,442.2 1,464.0 1,474.0 1,485.0 1,496.9 1,503.9 1,480.6 1,492.5 1,526.2 1,556.4 18 Transaction 402.2 388.0 368.1 373.8 370.9 370.2 366.6 366.1 349.3 364.7 368.4 399.8 19 Nontransaction 1,023.4 1,072.4 1,074.1 1,090.2 1,103.0 1,114.7 1,130.3 1,137.9 1,131.3 1,127.7 1,157.9 1,156.6 20 Large time 157.4 168.4 171.1 176.4 182.0 189.3 195.2 198.6 197.2 200.6 204.3 205.8 21 Other 866.0 904.0 903.1 913.9 921.0 925.4 935.1 939.2 934.1 927.1 953.5 950.8 22 Borrowings 413.5 464.7 469.8 446.3 443.0 447.7 467.2 482.8 491.5 490.4 483.2 497.2 23 From banks in the U.S. 167.1 193.0 188.2 166.6 163.3 171.9 175.9 177.6 178.6 170.6 182.7 190.4 24 From others 246.3 271.7 281.6 279.7 279.7 275.8 291.2 305.3 312.9 319.7 300.5 306.9 25 Net due to related foreign offices 74.8 74.4 88.1 75.8 78.4 72.6 74.5 69.7 76.4 64.6 65.9 65.9 26 Other liabilities 143.7 154.3 151.3 152.6 158.3 160.5 153.5 171.3 168.0 184.6 178.7 177.1 27 TOTAL LIABILITIES 2,057.7 2,153.8 2,151.4 2,138.8 2,153.7 2,165.7 2,192.0 2,227.9 2,216.4 2,232.0 2,254.0 2,296.6 28 Residual (assets less liabilities) (7) 231.0 241.9 244.4 243.8 247.0 249.0 250.7 253.4 254.3 252.3 253.2 253.4 MEMO 29 Reval. gains on off-bal. sheet items (8) 32.5 49.5 42.0 38.5 44.3 45.1 37.5 38.2 38.9 41.4 39.8 43.3 30 Reval. losses on off-bal. sheet items (8) 28.9 44.6 43.4 40.2 45.9 46.5 40.0 41.3 41.7 43.8 41.9 45.2 31 Mortgage-backed securities (9) 194.4 202.2 201.7 202.1 204.6 204.1 205.8 211.4 211.7 213.9 219.2 218.9 31a Pass-through 130.2 139.3 139.8 140.8 142.4 141.4 142.9 147.4 147.9 151.0 151.6 151.3 31b CMO, REMIC, and other 64.2 62.9 61.9 61.2 62.1 62.6 63.0 64.0 63.8 62.9 67.6 67.5 32 Net unrealized gains (losses) on 2.1 1.8 2.1 2.6 3.1 3.7 3.3 3.9 3.8 3.8 3.9 3.5 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 30.6 33.3 33.6 33.4 33.7 34.0 34.1 34.2 33.8 34.4 34.2 34.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 9 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,349.3 1,402.9 1,412.7 1,417.9 1,407.7 1,419.1 1,425.3 1,428.9 1,428.7 1,431.1 1,437.8 1,437.1 2 Securities in bank credit 401.1 410.0 411.4 410.1 406.2 406.2 405.0 406.3 406.6 407.4 407.8 407.7 3 U.S. government securities 321.2 326.9 328.4 327.8 325.0 324.9 323.8 324.5 324.4 325.2 324.4 324.3 4 Other securities 79.9 83.1 83.0 82.3 81.3 81.3 81.2 81.9 82.2 82.2 83.4 83.3 5 Loans and leases in bank credit (2) 948.2 992.9 1,001.3 1,007.8 1,001.5 1,012.9 1,020.3 1,022.6 1,022.1 1,023.7 1,030.0 1,029.5 6 Commercial and industrial 169.5 177.8 179.5 180.7 179.7 181.3 182.8 184.2 184.1 184.2 185.7 185.8 7 Real estate 489.9 528.5 533.8 538.3 537.9 543.7 549.8 553.6 553.8 554.6 557.6 556.9 8 Revolving home equity 25.7 29.0 29.3 29.5 29.0 29.2 29.5 30.0 30.0 30.1 30.2 30.2 9 Other 464.2 499.5 504.5 508.8 508.9 514.5 520.3 523.7 523.8 524.5 527.4 526.6 10 Consumer 223.0 217.1 217.2 217.4 213.4 216.0 214.1 211.4 211.0 211.5 212.6 212.2 11 Security (3) 4.4 4.6 4.6 4.6 4.6 4.7 4.9 5.2 5.1 5.1 5.1 5.1 12 Other loans and leases 61.3 64.9 66.1 66.8 65.9 67.2 68.7 68.2 68.0 68.3 69.0 69.5 13 Interbank loans 43.8 48.5 48.7 50.5 50.6 52.3 54.0 56.1 54.5 55.8 55.9 55.4 14 Cash assets (4) 60.1 68.7 67.1 69.7 68.1 71.2 71.3 69.8 71.6 66.6 70.9 69.4 15 Other assets (5) 48.8 59.4 58.2 62.5 61.9 62.6 59.6 61.1 63.2 59.7 64.0 83.0 16 TOTAL ASSETS (6) 1,482.7 1,559.9 1,567.0 1,580.8 1,568.5 1,585.1 1,590.0 1,595.8 1,597.8 1,593.2 1,608.4 1,624.6 L I A B I L I T I E S 17 Deposits 1,177.1 1,233.0 1,236.1 1,245.6 1,245.8 1,254.4 1,257.5 1,266.4 1,266.9 1,263.4 1,277.4 1,282.7 18 Transaction 303.5 306.4 304.4 304.7 302.4 303.6 300.1 299.2 300.4 300.1 299.3 301.5 19 Nontransaction 873.6 926.6 931.8 940.9 943.4 950.8 957.3 967.2 966.5 963.3 978.1 981.2 20 Large time 147.7 155.8 157.4 160.1 160.7 161.5 163.1 164.6 164.2 164.3 166.2 165.8 21 Other 725.9 770.8 774.3 780.7 782.7 789.3 794.2 802.6 802.4 799.0 811.9 815.4 22 Borrowings 153.0 158.7 156.7 156.5 156.1 158.5 156.4 154.4 156.8 154.9 153.6 155.9 23 From banks in the U.S. 85.2 85.2 86.0 80.5 76.3 77.5 73.8 74.0 77.0 75.1 71.8 73.1 24 From others 67.8 73.5 70.8 76.0 79.8 81.0 82.6 80.4 79.8 79.9 81.8 82.7 25 Net due to related foreign offices 3.4 4.4 4.2 3.8 4.8 4.5 4.8 5.1 5.5 4.9 5.4 5.4 26 Other liabilities 24.5 25.6 26.4 27.0 26.1 27.0 27.8 27.6 27.2 27.5 28.5 29.7 27 TOTAL LIABILITIES 1,358.0 1,421.8 1,423.5 1,432.9 1,432.7 1,444.4 1,446.5 1,453.4 1,456.4 1,450.7 1,464.8 1,473.7 28 Residual (assets less liabilities) (7) 124.7 138.1 143.5 147.9 135.8 140.7 143.5 142.4 141.4 142.5 143.6 151.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 10 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,351.8 1,403.3 1,412.6 1,418.8 1,408.2 1,418.9 1,429.1 1,431.6 1,431.5 1,433.1 1,439.8 1,438.8 2 Securities in bank credit 400.0 413.5 413.2 411.9 405.5 404.4 405.4 405.4 405.7 406.2 406.2 406.5 3 U.S. government securities 320.1 330.1 329.9 329.7 324.2 323.3 324.4 323.5 323.6 323.8 323.0 323.2 4 Other securities 79.9 83.4 83.3 82.2 81.3 81.1 81.0 81.9 82.1 82.3 83.3 83.3 5 Loans and leases in bank credit (2) 951.8 989.8 999.3 1,006.9 1,002.7 1,014.5 1,023.8 1,026.2 1,025.8 1,027.0 1,033.6 1,032.4 6 Commercial and industrial 168.9 179.0 181.0 181.9 179.7 180.2 181.8 183.6 183.7 183.6 185.1 185.1 7 Real estate 492.1 525.8 532.3 538.1 538.3 544.9 551.9 556.0 556.2 557.1 559.6 559.0 8 Revolving home equity 25.9 28.7 29.2 29.5 29.0 29.4 29.8 30.2 30.2 30.3 30.4 30.4 9 Other 466.2 497.1 503.1 508.6 509.3 515.5 522.1 525.8 526.0 526.8 529.3 528.6 10 Consumer 223.6 216.7 216.7 215.7 213.2 216.0 214.9 212.0 212.0 212.4 213.2 212.6 11 Security (3) 4.4 4.6 4.4 4.5 4.5 4.7 4.8 5.1 4.9 4.9 5.4 5.3 12 Other loans and leases 62.7 63.7 64.9 66.8 67.1 68.8 70.4 69.6 68.9 68.9 70.2 70.3 13 Interbank loans 44.1 48.9 45.3 47.6 48.0 51.3 52.3 56.4 53.1 53.6 62.2 60.8 14 Cash assets (4) 61.2 67.3 66.9 68.3 67.7 68.8 69.7 71.0 69.2 67.4 72.3 72.3 15 Other assets (5) 48.6 58.4 57.6 60.5 61.9 62.6 60.0 60.8 59.1 59.5 65.6 85.2 16 TOTAL ASSETS (6) 1,486.4 1,558.2 1,562.6 1,575.4 1,565.9 1,581.6 1,591.0 1,599.7 1,592.8 1,593.5 1,619.8 1,637.0 L I A B I L I T I E S 17 Deposits 1,179.4 1,235.2 1,233.6 1,243.6 1,242.4 1,251.8 1,259.7 1,268.6 1,260.0 1,260.2 1,286.6 1,292.0 18 Transaction 304.0 306.6 301.1 303.1 300.2 300.4 299.5 299.7 294.2 297.2 304.1 305.2 19 Nontransaction 875.4 928.6 932.6 940.6 942.2 951.4 960.2 969.0 965.9 963.0 982.5 986.8 20 Large time 148.2 156.9 158.3 159.6 159.9 161.3 162.8 165.0 164.8 165.1 167.0 166.6 21 Other 727.3 771.7 774.3 780.9 782.3 790.1 797.5 804.0 801.0 797.9 815.4 820.1 22 Borrowings 153.3 156.2 160.7 160.2 156.0 157.0 155.8 154.4 156.8 156.6 151.7 154.0 23 From banks in the U.S. 84.7 84.4 88.5 83.6 77.9 77.4 74.4 73.4 75.5 74.8 70.5 72.1 24 From others 68.5 71.9 72.2 76.6 78.2 79.5 81.4 81.0 81.3 81.9 81.3 81.9 25 Net due to related foreign offices 3.4 4.4 4.2 3.8 4.8 4.5 4.8 5.1 5.5 4.9 5.4 5.4 26 Other liabilities 24.5 25.9 26.1 26.5 26.2 27.2 27.5 27.6 27.5 27.6 28.4 29.7 27 TOTAL LIABILITIES 1,360.5 1,421.8 1,424.6 1,434.2 1,429.5 1,440.4 1,447.8 1,455.7 1,449.8 1,449.3 1,472.1 1,481.0 28 Residual (assets less liabilities) (7) 125.9 136.4 138.0 141.2 136.4 141.2 143.2 144.0 143.0 144.2 147.7 156.0 MEMO 29 Mortgage-backed securities (9) 42.6 46.3 46.9 47.7 46.8 49.1 49.7 49.4 49.3 49.3 49.7 49.9 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 11 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 480.9 531.2 534.2 533.7 536.0 532.0 536.8 543.6 542.5 543.2 557.1 546.6 2 Securities in bank credit 148.9 176.9 173.0 173.4 180.4 178.3 183.2 182.0 178.3 182.2 196.5 193.1 3 U.S. government securities 82.7 87.3 88.6 90.2 91.4 86.7 89.3 87.4 83.7 86.8 88.0 86.1 4 Other securities 66.3 89.6 84.4 83.2 89.0 91.7 94.0 94.6 94.6 95.4 108.5 107.0 5 Loans and leases in bank credit (2) 332.0 354.3 361.1 360.3 355.7 353.7 353.5 361.5 364.2 361.0 360.5 353.4 6 Commercial and industrial 206.0 215.9 218.1 217.9 217.6 219.0 221.6 223.2 222.5 220.1 221.2 219.5 7 Real estate 32.7 31.3 30.5 29.5 28.4 28.0 27.4 27.2 27.4 27.0 27.3 26.6 11 Security (3) 32.9 42.8 42.7 44.8 43.6 42.5 43.4 47.1 51.1 47.1 47.2 43.8 12 Other loans and leases 60.4 64.2 69.8 68.1 66.1 64.1 61.1 64.0 63.2 66.7 64.8 63.5 13 Interbank loans 20.6 18.6 19.8 18.6 18.3 17.4 17.0 18.9 18.3 23.6 14.2 23.8 14 Cash assets (4) 29.7 32.5 33.6 35.1 33.4 33.9 34.7 34.0 34.0 34.4 36.0 36.2 15 Other assets (5) 33.4 39.0 38.6 40.8 42.5 42.5 42.0 41.3 41.2 41.4 43.4 44.2 16 TOTAL ASSETS (6) 564.5 621.0 625.9 627.9 629.9 625.6 630.2 637.5 635.8 642.3 650.4 650.5 L I A B I L I T I E S 17 Deposits 197.4 256.7 249.3 254.1 266.5 266.9 270.6 266.4 263.4 268.7 269.6 276.7 18 Transaction 10.4 10.6 10.9 10.6 10.8 11.5 11.2 10.9 10.6 11.2 11.0 11.4 19 Nontransaction 187.1 246.0 238.4 243.5 255.7 255.4 259.4 255.5 252.8 257.6 258.6 265.3 20 Large time 184.8 243.4 235.9 240.9 253.1 252.9 256.8 252.9 250.3 255.1 254.5 256.6 21 Other 2.2 2.6 2.5 2.5 2.6 2.6 2.6 2.6 2.4 2.4 4.2 8.7 22 Borrowings 117.5 138.6 140.7 136.6 133.3 135.5 140.8 159.3 158.1 161.0 172.8 165.3 23 From banks in the U.S. 32.3 31.8 31.3 28.1 28.2 29.1 33.5 35.5 35.0 29.9 37.2 29.5 24 From others 85.1 106.8 109.4 108.6 105.0 106.3 107.3 123.8 123.0 131.1 135.6 135.8 25 Net due to related foreign offices 167.5 134.4 148.4 148.4 129.4 127.2 122.1 113.4 113.3 113.2 115.6 107.5 26 Other liabilities 74.3 91.7 88.7 89.1 95.4 96.4 94.9 94.0 93.7 96.5 95.3 95.8 27 TOTAL LIABILITIES 556.7 621.3 627.1 628.3 624.6 626.0 628.4 633.2 628.4 639.5 653.3 645.3 28 Residual (assets less liabilities) (7) 7.8 -0.3 -1.3 -0.4 5.4 -0.4 1.8 4.3 7.4 2.8 -2.8 5.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 12 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars November 21, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Oct Apr May Jun Jul Aug Sep Oct Oct 22 Oct 29 Nov 5 Nov 12 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 479.8 531.2 536.7 534.1 536.5 536.0 534.7 542.1 540.0 543.0 560.1 546.3 2 Securities in bank credit 148.9 177.4 177.9 174.1 179.2 181.9 181.6 181.9 177.4 183.2 198.7 193.7 3 U.S. government securities 82.1 86.8 89.1 89.0 88.7 88.2 88.2 86.6 83.2 86.1 88.4 86.5 3a Trading account 18.7 18.5 18.6 18.3 17.8 18.7 17.9 15.2 12.4 15.2 18.1 16.3 3b Investment account 63.4 68.3 70.6 70.6 70.9 69.5 70.3 71.4 70.9 71.0 70.3 70.1 4 Other securities 66.8 90.6 88.7 85.1 90.6 93.7 93.4 95.3 94.1 97.1 110.3 107.2 4a Trading account 45.5 60.8 58.8 56.9 59.4 60.8 60.6 62.2 60.8 65.3 69.9 67.5 4b Investment account 21.3 29.9 29.9 28.2 31.2 33.0 32.8 33.1 33.3 31.8 40.4 39.7 5 Loans and leases in bank credit (2) 330.8 353.9 358.9 360.0 357.2 354.1 353.1 360.2 362.7 359.8 361.3 352.6 6 Commercial and industrial 204.8 216.6 218.3 218.6 218.8 219.2 220.1 221.9 221.0 219.1 221.5 218.9 7 Real estate 32.9 30.9 30.2 29.3 28.3 28.0 27.5 27.4 27.5 27.3 27.7 26.9 11 Security (3) 32.9 42.8 42.7 44.8 43.6 42.5 43.4 47.1 51.1 47.1 47.2 43.8 12 Other loans and leases 60.2 63.5 67.6 67.2 66.6 64.3 62.1 63.8 63.1 66.2 64.9 63.0 13 Interbank loans 20.6 18.6 19.8 18.6 18.3 17.4 17.0 18.9 18.3 23.6 14.2 23.8 14 Cash assets (4) 30.0 31.7 33.6 35.9 33.6 33.8 33.9 34.4 34.2 35.0 35.8 36.6 15 Other assets (5) 33.1 37.6 39.6 40.7 41.7 43.4 42.4 40.9 40.5 41.3 43.7 44.4 16 TOTAL ASSETS (6) 563.4 618.8 629.5 629.0 629.8 630.3 627.7 636.0 632.8 642.6 653.5 650.8 L I A B I L I T I E S 17 Deposits 202.8 250.3 249.8 254.5 263.5 264.7 269.6 274.5 273.4 278.8 276.8 282.1 18 Transaction 10.4 10.2 10.4 10.5 10.8 11.2 11.7 11.0 10.4 11.3 10.9 11.4 19 Nontransaction 192.3 240.1 239.4 244.0 252.7 253.5 257.9 263.5 263.0 267.5 265.8 270.8 20 Large time 190.0 237.5 236.9 241.4 250.2 251.0 255.4 260.8 260.5 264.9 261.5 261.9 21 Other 2.3 2.6 2.6 2.5 2.5 2.5 2.5 2.6 2.5 2.5 4.3 8.8 22 Borrowings 114.2 141.1 140.5 141.6 142.2 140.7 141.8 154.6 155.0 152.9 170.2 159.0 23 From banks in the U.S. 29.9 32.1 30.8 29.8 29.9 29.7 32.7 32.3 30.1 27.5 35.7 29.9 24 From others 84.3 109.0 109.6 111.9 112.3 111.0 109.1 122.3 124.8 125.5 134.4 129.2 25 Net due to related foreign offices 167.5 131.2 144.2 140.2 128.2 125.4 119.0 112.4 111.7 113.2 108.0 108.0 26 Other liabilities 72.7 91.5 91.4 90.1 93.3 96.9 94.7 92.0 90.3 95.1 95.0 97.0 27 TOTAL LIABILITIES 557.1 614.2 625.9 626.4 627.2 627.7 625.1 633.4 630.3 640.0 649.9 646.1 28 Residual (assets less liabilities) (7) 6.2 4.6 3.6 2.5 2.6 2.6 2.6 2.6 2.5 2.6 3.6 4.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 30.0 40.5 39.4 37.6 40.0 41.1 40.7 39.2 38.4 40.9 41.3 41.4 30 Reval. losses on off-bal. sheet items (8) 29.4 43.2 41.8 39.8 41.8 42.7 41.4 39.5 38.8 41.3 41.2 41.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 November 21, 1997 Note: This release and historical data are available on the Federal Reserve Board's web site: http://www.bog.frb.fed.us/. 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: The correction of a data processing error has resulted in revisions to the balance sheets of foreign-related institutions in the United States for the weeks ending October 1 to November 5, 1997. Domestically chartered commercial banks acquired $100 million in assets and liabilities of thrift institutions in the week ending November 12, 1997. The major asset item affected was U.S. government securities, $100 million. The major liabilty item affected was nontransaction deposits, other, $100 million. Also, domestically char tered commercial banks acquired $1.5 billion in assets and liabilities of thrift institutions in the week ending November 5, 1997. The major asset items affected were (in billions): U.S. government securities, $0.4; real estate loans, other, $0.8; and commercial and industrial loans, $0.3. The major liabilty item affected was nontransaction deposits, other, $1.5.