H.8 (510) ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1) For use at 4:15 p.m. Eastern Time Data on the attached H.8 release have been benchmarked through the September 1997 Call Report. Data on the previous release were benchmarked to the June 1997 Call Report. Historical H.8 data may be accessed through the Board's web site: http://www.bog.frb.fed.us/. Seasonally adjusted, billions of dollars December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,742.4 3,901.9 3,922.0 3,957.4 3,970.9 3,995.8 4,030.9 4,076.4 4,071.5 4,061.8 4,100.7 4,088.6 2 Securities in bank credit 979.9 1,013.5 1,009.6 1,031.1 1,024.9 1,031.4 1,045.6 1,081.0 1,076.8 1,071.1 1,094.4 1,096.2 3 U.S. government securities 705.5 721.7 724.7 726.4 715.3 724.1 732.0 745.5 743.8 738.4 755.2 749.0 4 Other securities 274.4 291.7 284.9 304.7 309.6 307.3 313.6 335.6 333.0 332.7 339.2 347.2 5 Loans and leases in bank credit (2) 2,762.5 2,888.4 2,912.3 2,926.3 2,946.0 2,964.4 2,985.3 2,995.3 2,994.8 2,990.7 3,006.3 2,992.4 6 Commercial and industrial 774.0 808.4 813.8 817.0 825.6 837.7 844.6 848.1 844.3 847.2 854.7 852.8 7 Real estate 1,122.5 1,179.1 1,189.5 1,198.4 1,205.6 1,214.1 1,219.5 1,225.3 1,229.5 1,222.3 1,223.7 1,223.5 8 Revolving home equity 83.7 90.3 91.8 93.1 94.2 95.4 95.9 97.1 96.5 97.4 97.5 97.5 9 Other 1,038.9 1,088.8 1,097.7 1,105.3 1,111.4 1,118.7 1,123.7 1,128.2 1,133.0 1,124.9 1,126.2 1,126.0 10 Consumer 520.5 516.5 517.7 517.5 518.7 515.3 509.4 510.1 506.9 510.8 512.2 513.1 11 Security (3) 76.9 88.3 92.6 93.5 93.3 94.5 104.3 97.5 100.9 95.7 95.6 91.4 12 Other loans and leases 268.6 296.1 298.8 299.9 302.8 302.9 307.5 314.4 313.1 314.7 320.1 311.5 13 Interbank loans 211.7 217.6 190.3 184.6 191.5 199.6 201.3 205.8 206.9 190.9 222.0 215.7 14 Cash assets (4) 229.4 243.8 248.0 245.3 262.9 258.9 269.3 279.3 302.1 258.3 287.1 266.3 15 Other assets (5) 258.9 280.2 286.2 282.1 283.9 284.1 294.0 307.9 299.4 300.8 305.9 339.1 16 TOTAL ASSETS (6) 4,385.8 4,587.1 4,589.9 4,612.5 4,652.4 4,681.8 4,738.8 4,812.4 4,823.2 4,755.1 4,858.8 4,852.3 L I A B I L I T I E S 17 Deposits 2,829.4 2,933.8 2,969.0 3,005.2 3,029.8 3,045.7 3,059.6 3,102.6 3,127.0 3,062.0 3,127.2 3,103.6 18 Transaction 719.5 689.3 693.2 689.7 696.8 682.5 681.8 693.1 716.3 664.3 716.9 676.2 19 Nontransaction 2,109.9 2,244.5 2,275.8 2,315.5 2,333.0 2,363.2 2,377.9 2,409.4 2,410.7 2,397.7 2,410.3 2,427.5 20 Large time 501.4 560.8 577.1 597.5 603.1 618.3 616.7 635.3 633.0 633.7 640.8 645.1 21 Other 1,608.5 1,683.7 1,698.7 1,717.9 1,729.9 1,744.9 1,761.2 1,774.1 1,777.8 1,764.0 1,769.4 1,782.4 22 Borrowings 708.6 762.1 730.1 730.3 744.9 767.0 807.7 827.8 828.9 817.7 842.6 831.9 23 From banks in the U.S. 299.1 301.9 270.2 266.1 277.8 285.4 295.2 306.0 300.5 302.2 315.1 316.4 24 From others 409.5 460.2 459.9 464.1 467.1 481.6 512.5 521.8 528.4 515.4 527.5 515.5 25 Net due to related foreign offices 237.9 234.1 229.6 216.6 210.5 212.0 192.8 196.4 190.7 199.7 190.1 212.2 26 Other liabilities 250.6 264.2 266.0 277.5 281.3 268.5 284.8 294.8 289.2 295.1 298.7 302.2 27 TOTAL LIABILITIES 4,026.5 4,194.2 4,194.7 4,229.6 4,266.4 4,293.2 4,345.0 4,421.5 4,435.8 4,374.5 4,458.6 4,449.9 28 Residual (assets less liabilities) (7) 359.3 392.9 395.2 383.0 386.0 388.6 393.8 390.9 387.3 380.6 400.2 402.4 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,746.6 3,906.5 3,925.9 3,953.3 3,972.1 3,997.3 4,032.4 4,079.9 4,074.7 4,066.6 4,095.8 4,091.2 2 Securities in bank credit 978.6 1,022.5 1,016.3 1,028.5 1,030.0 1,031.6 1,045.5 1,079.5 1,077.0 1,071.2 1,087.4 1,091.1 3 U.S. government securities 705.9 724.2 724.6 722.5 717.9 725.3 732.6 746.0 744.9 738.4 753.1 751.0 4 Other securities 272.7 298.3 291.6 306.0 312.1 306.3 312.8 333.5 332.1 332.8 334.3 340.1 5 Loans and leases in bank credit (2) 2,768.1 2,884.0 2,909.6 2,924.8 2,942.1 2,965.7 2,986.9 3,000.3 2,997.8 2,995.5 3,008.4 3,000.2 6 Commercial and industrial 772.1 815.2 817.2 818.2 821.4 831.9 840.5 845.9 841.1 845.7 852.2 849.0 7 Real estate 1,126.8 1,174.7 1,187.8 1,198.4 1,207.3 1,217.4 1,222.9 1,229.7 1,234.5 1,226.0 1,228.1 1,228.7 8 Revolving home equity 84.1 90.1 91.8 93.1 94.5 96.1 96.4 97.6 97.1 98.0 98.0 97.9 9 Other 1,042.7 1,084.6 1,096.0 1,105.3 1,112.8 1,121.3 1,126.4 1,132.1 1,137.4 1,128.0 1,130.1 1,130.8 10 Consumer 520.9 514.4 514.9 515.2 519.2 517.5 509.5 510.4 506.8 510.9 512.9 514.3 11 Security (3) 78.2 88.7 92.2 92.0 91.4 93.6 104.1 99.5 101.6 98.4 97.9 93.2 12 Other loans and leases 270.0 291.0 297.5 300.9 302.8 305.4 310.0 314.8 313.8 314.5 317.3 315.0 13 Interbank loans 216.0 213.2 187.7 182.3 187.1 194.1 196.1 210.4 212.5 196.1 220.5 228.7 14 Cash assets (4) 236.3 241.6 244.7 241.7 249.3 255.6 270.3 287.4 313.0 269.6 292.8 282.1 15 Other assets (5) 257.6 282.5 286.4 284.3 287.3 286.7 290.8 306.4 300.3 296.7 301.3 340.5 16 TOTAL ASSETS (6) 4,399.9 4,587.3 4,588.0 4,604.8 4,638.7 4,676.7 4,733.0 4,827.1 4,843.8 4,772.3 4,853.4 4,885.1 L I A B I L I T I E S 17 Deposits 2,846.5 2,925.1 2,964.2 2,996.5 3,019.7 3,045.9 3,067.3 3,120.4 3,151.1 3,080.8 3,127.7 3,135.6 18 Transaction 729.7 679.4 687.5 683.4 684.3 681.0 679.7 702.6 725.6 676.7 718.0 701.0 19 Nontransaction 2,116.8 2,245.7 2,276.7 2,313.1 2,335.5 2,364.8 2,387.6 2,417.8 2,425.5 2,404.1 2,409.7 2,434.6 20 Large time 504.6 565.6 576.9 593.2 602.2 613.6 624.1 639.8 639.7 636.7 643.6 645.5 21 Other 1,612.2 1,680.1 1,699.8 1,719.9 1,733.3 1,751.2 1,763.5 1,778.0 1,785.8 1,767.3 1,766.1 1,789.1 22 Borrowings 698.5 772.4 750.5 744.7 749.8 770.3 797.9 814.8 817.2 802.3 822.0 824.5 23 From banks in the U.S. 293.0 310.5 283.9 274.9 282.6 286.7 287.5 299.3 298.3 292.9 304.3 311.4 24 From others 405.5 461.9 466.6 469.8 467.2 483.5 510.3 515.5 518.9 509.4 517.7 513.1 25 Net due to related foreign offices 234.9 236.5 219.9 212.9 206.2 204.3 193.4 191.0 186.6 187.5 198.8 198.9 26 Other liabilities 254.4 267.9 268.3 275.9 280.3 268.9 283.5 299.1 294.6 299.1 303.1 305.6 27 TOTAL LIABILITIES 4,034.3 4,201.9 4,202.9 4,230.0 4,255.9 4,289.4 4,342.0 4,425.3 4,449.5 4,369.7 4,451.6 4,464.6 28 Residual (assets less liabilities) (7) 365.7 385.3 385.1 374.8 382.8 387.4 391.0 401.8 394.3 402.6 401.8 420.6 MEMO 29 Reval. gains on off-bal. sheet items (8) 65.6 81.4 76.0 84.2 86.1 78.2 77.4 83.1 84.7 83.7 80.9 85.4 30 Reval. losses on off-bal. sheet items (8) 60.5 85.2 79.9 87.5 89.2 81.2 80.6 85.2 86.5 85.2 83.5 88.7 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,247.8 3,367.8 3,388.5 3,421.5 3,438.7 3,458.9 3,487.6 3,523.9 3,524.4 3,518.7 3,541.1 3,528.7 2 Securities in bank credit 821.6 840.5 836.4 851.3 847.4 849.5 865.2 885.0 885.0 883.4 889.5 892.1 3 U.S. government securities 619.2 633.7 635.0 636.1 629.5 636.3 645.6 659.3 658.6 658.8 662.8 661.3 4 Other securities 202.4 206.8 201.4 215.2 217.9 213.2 219.6 225.7 226.4 224.6 226.7 230.8 5 Loans and leases in bank credit (2) 2,426.3 2,527.3 2,552.1 2,570.2 2,591.3 2,609.4 2,622.4 2,638.9 2,639.4 2,635.3 2,651.6 2,636.6 6 Commercial and industrial 565.6 590.3 595.6 598.9 605.9 615.5 621.0 625.5 624.1 624.6 630.8 627.0 7 Real estate 1,090.1 1,148.6 1,160.0 1,169.9 1,177.3 1,186.2 1,191.8 1,198.3 1,202.5 1,195.4 1,197.1 1,196.8 8 Revolving home equity 83.7 90.3 91.8 93.1 94.2 95.4 95.9 97.1 96.5 97.4 97.5 97.5 9 Other 1,006.4 1,058.3 1,068.2 1,076.8 1,083.1 1,090.8 1,095.9 1,101.2 1,106.0 1,097.9 1,099.7 1,099.2 10 Consumer 520.5 516.5 517.7 517.5 518.7 515.3 509.4 510.1 506.9 510.8 512.2 513.1 11 Security (3) 41.9 45.5 47.8 50.0 51.0 51.5 57.7 56.3 57.6 56.3 57.5 52.7 12 Other loans and leases 208.2 226.4 231.0 233.9 238.4 240.9 242.5 248.8 248.4 248.2 254.0 247.0 13 Interbank loans 191.5 197.8 171.6 166.0 173.5 181.6 181.3 182.7 181.5 171.7 193.6 188.8 14 Cash assets (4) 198.6 210.3 212.9 211.7 228.5 223.3 234.5 243.1 265.1 221.6 252.3 230.9 15 Other assets (5) 223.1 241.7 245.6 239.6 241.4 242.1 252.6 263.3 255.1 256.2 259.9 295.5 16 TOTAL ASSETS (6) 3,804.6 3,961.5 3,962.3 3,982.3 4,025.4 4,049.6 4,099.5 4,156.3 4,169.6 4,111.6 4,190.2 4,186.8 L I A B I L I T I E S 17 Deposits 2,625.4 2,684.9 2,715.6 2,740.6 2,766.4 2,780.1 2,798.7 2,831.0 2,856.8 2,791.8 2,850.6 2,826.6 18 Transaction 709.3 678.4 682.6 679.1 685.6 671.7 671.3 682.5 705.3 653.7 706.0 666.2 19 Nontransaction 1,916.1 2,006.4 2,033.0 2,061.5 2,080.8 2,108.4 2,127.4 2,148.5 2,151.5 2,138.2 2,144.6 2,160.4 20 Large time 310.0 325.3 336.9 346.2 353.4 366.0 368.6 376.8 376.1 376.6 377.6 380.4 21 Other 1,606.1 1,681.1 1,696.1 1,715.4 1,727.4 1,742.4 1,758.8 1,771.7 1,775.4 1,761.6 1,767.0 1,779.9 22 Borrowings 583.0 620.2 591.7 595.2 607.4 623.7 645.9 663.2 661.8 662.0 675.4 673.4 23 From banks in the U.S. 265.9 269.0 239.8 235.9 246.6 249.5 257.6 275.5 268.7 276.2 286.3 288.4 24 From others 317.0 351.1 351.8 359.4 360.8 374.1 388.3 387.7 393.2 385.7 389.1 385.0 25 Net due to related foreign offices 71.0 85.7 81.1 85.6 79.8 84.7 74.1 75.6 74.6 75.4 74.0 81.1 26 Other liabilities 171.0 175.7 177.1 182.6 185.7 174.9 192.3 198.1 194.9 197.4 200.3 202.6 27 TOTAL LIABILITIES 3,450.4 3,566.4 3,565.5 3,604.1 3,639.4 3,663.4 3,711.0 3,767.8 3,788.1 3,726.6 3,800.3 3,783.7 28 Residual (assets less liabilities) (7) 354.3 395.1 396.8 378.1 386.0 386.1 388.5 388.5 381.5 385.0 389.9 403.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 4 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,252.5 3,369.8 3,391.9 3,416.9 3,436.0 3,462.5 3,490.5 3,528.3 3,527.9 3,524.1 3,540.0 3,534.0 2 Securities in bank credit 820.6 844.7 842.3 849.8 849.0 851.4 865.1 884.2 884.6 883.4 886.0 890.0 3 U.S. government securities 619.6 635.6 636.2 634.8 630.6 638.6 647.1 660.2 659.3 659.4 662.2 664.2 4 Other securities 200.9 209.0 206.1 215.0 218.3 212.8 218.1 223.9 225.3 224.0 223.8 225.8 5 Loans and leases in bank credit (2) 2,431.9 2,525.1 2,549.6 2,567.2 2,587.0 2,611.1 2,625.4 2,644.2 2,643.3 2,640.7 2,654.0 2,644.0 6 Commercial and industrial 563.9 596.8 598.4 599.0 601.5 611.2 618.3 623.4 621.5 623.2 628.3 623.6 7 Real estate 1,093.9 1,144.5 1,158.4 1,170.0 1,178.9 1,189.4 1,195.0 1,202.3 1,207.1 1,198.7 1,201.1 1,201.5 8 Revolving home equity 84.1 90.1 91.8 93.1 94.5 96.1 96.4 97.6 97.1 98.0 98.0 97.9 9 Other 1,009.8 1,054.4 1,066.6 1,076.9 1,084.5 1,093.3 1,098.6 1,104.8 1,110.0 1,100.7 1,103.1 1,103.6 10 Consumer 520.9 514.4 514.9 515.2 519.2 517.5 509.5 510.4 506.8 510.9 512.9 514.3 11 Security (3) 43.2 46.0 47.4 48.5 49.1 50.6 57.5 58.3 58.2 59.1 59.7 54.5 12 Other loans and leases 210.0 223.5 230.6 234.4 238.2 242.4 245.1 249.7 249.6 248.9 251.9 250.2 13 Interbank loans 195.8 193.4 169.1 163.8 169.1 176.1 176.1 187.3 187.1 176.9 192.1 201.8 14 Cash assets (4) 205.2 208.0 208.8 207.9 215.0 220.9 235.1 250.9 275.5 232.3 257.6 246.4 15 Other assets (5) 221.6 243.0 245.9 242.5 243.9 244.3 249.9 261.6 255.9 252.3 254.8 295.9 16 TOTAL ASSETS (6) 3,818.7 3,958.0 3,959.2 3,974.7 4,007.1 4,047.0 4,095.2 4,171.4 4,189.9 4,129.1 4,187.8 4,220.9 L I A B I L I T I E S 17 Deposits 2,640.0 2,675.7 2,710.4 2,734.9 2,758.5 2,781.3 2,798.4 2,845.2 2,875.6 2,808.3 2,849.0 2,857.2 18 Transaction 719.5 669.1 677.0 672.8 673.4 669.8 669.2 692.0 714.7 666.1 707.1 690.8 19 Nontransaction 1,920.5 2,006.6 2,033.4 2,062.1 2,085.1 2,111.5 2,129.2 2,153.2 2,160.9 2,142.2 2,141.9 2,166.4 20 Large time 310.7 329.1 336.2 344.8 354.4 362.7 368.2 377.7 377.5 377.3 378.2 379.8 21 Other 1,609.8 1,677.5 1,697.3 1,717.4 1,730.8 1,748.8 1,761.0 1,775.5 1,783.4 1,764.9 1,763.6 1,786.6 22 Borrowings 576.3 630.7 607.1 600.8 607.1 626.1 640.8 655.5 656.3 652.4 663.3 666.7 23 From banks in the U.S. 259.7 278.0 251.9 242.9 250.9 251.8 253.1 268.9 266.2 267.1 275.7 282.0 24 From others 316.5 352.6 355.3 357.9 356.2 374.3 387.7 386.6 390.2 385.3 387.7 384.6 25 Net due to related foreign offices 68.4 92.3 79.6 83.2 77.4 80.1 75.7 71.9 69.9 69.1 75.2 75.3 26 Other liabilities 174.1 176.7 178.4 183.1 184.2 175.5 193.0 201.7 199.0 201.1 203.4 204.9 27 TOTAL LIABILITIES 3,458.7 3,575.4 3,575.6 3,602.0 3,627.3 3,663.0 3,707.9 3,774.2 3,800.8 3,731.0 3,790.9 3,804.0 28 Residual (assets less liabilities) (7) 359.9 382.6 383.6 372.6 379.8 384.0 387.3 397.1 389.1 398.1 396.9 416.9 MEMO 29 Reval. gains on off-bal. sheet items (8) 33.1 42.0 38.5 44.3 45.1 37.5 38.2 41.5 43.3 42.0 40.0 42.2 30 Reval. losses on off-bal. sheet items (8) 28.9 43.4 40.2 45.9 46.5 40.0 41.3 43.6 45.2 43.6 42.4 44.9 31 Mortgage-backed securities (9) 238.4 248.8 250.4 254.3 256.0 258.6 263.4 272.1 271.3 270.1 273.5 275.0 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,918.3 1,984.2 1,995.0 2,013.4 2,016.0 2,027.2 2,052.9 2,074.3 2,079.1 2,067.5 2,086.6 2,074.8 2 Securities in bank credit 426.8 434.4 430.3 442.5 437.8 440.5 456.6 473.6 474.6 470.7 477.2 480.9 3 U.S. government securities 304.2 310.7 311.7 310.7 302.9 309.7 319.4 332.4 332.2 331.1 335.3 334.6 3a Trading account 21.6 18.7 22.2 23.7 20.6 23.3 25.5 26.3 25.9 25.5 27.9 25.8 3b Investment account 282.6 292.0 289.5 287.0 282.3 286.3 294.0 306.1 306.3 305.6 307.4 308.8 4 Other securities 122.6 123.8 118.6 131.9 134.9 130.8 137.1 141.2 142.5 139.5 141.9 146.3 4a Trading account 57.8 58.4 51.8 64.2 63.7 59.6 65.4 68.8 71.4 67.3 67.9 71.7 4b Investment account 64.8 65.4 66.8 67.7 71.3 71.2 71.8 72.5 71.0 72.2 74.0 74.7 4c State and local government 20.2 21.1 21.7 22.1 22.3 22.1 22.0 21.8 21.9 21.8 21.7 21.6 4d Other 44.6 44.3 45.1 45.5 49.0 49.2 49.8 50.7 49.2 50.4 52.2 53.1 5 Loans and leases in bank credit (2) 1,491.5 1,549.8 1,564.7 1,570.8 1,578.2 1,586.7 1,596.3 1,600.7 1,604.5 1,596.8 1,609.3 1,593.9 6 Commercial and industrial 397.8 414.2 417.8 418.7 423.5 431.4 435.9 438.2 437.4 437.2 442.9 439.1 6a Bankers acceptances 1.9 1.6 1.6 1.6 1.5 1.5 1.3 1.2 1.3 1.2 1.2 1.2 6b Other 395.9 412.7 416.1 417.2 422.1 429.9 434.6 437.0 436.2 436.0 441.6 437.9 7 Real estate 609.7 630.0 634.9 634.5 635.0 636.4 636.7 637.1 642.7 633.3 634.5 635.2 8 Revolving home equity 59.2 62.7 63.9 64.7 65.3 66.2 66.8 67.2 67.1 67.3 67.4 67.4 9 Other 550.5 567.3 571.0 569.8 569.7 570.2 569.9 569.9 575.6 566.0 567.1 567.8 10 Consumer 299.4 302.9 303.3 304.0 301.8 299.6 296.4 294.1 292.9 295.1 294.6 294.1 11 Security (3) 37.4 41.0 43.2 45.4 46.2 46.6 52.5 51.2 52.4 51.5 52.3 47.5 11a Fed funds and RPs with broker/dealer 21.7 23.4 26.4 28.6 30.0 29.6 35.4 35.0 36.6 34.9 35.6 32.0 11b Other 15.7 17.6 16.8 16.9 16.3 16.9 17.1 16.2 15.8 16.6 16.6 15.4 12a State and local government 11.8 11.2 11.3 11.2 11.3 11.4 11.3 11.2 11.3 11.1 11.0 11.0 12b Agricultural 8.8 8.9 8.8 8.7 8.8 8.9 9.0 9.3 9.3 9.2 9.3 9.4 12c Fed funds and RPs with others 6.0 5.8 6.5 7.4 6.3 6.6 8.9 10.7 8.6 12.6 14.3 9.0 12d All other loans 61.2 65.0 66.5 66.3 69.0 68.7 67.7 69.7 71.3 67.7 71.1 68.6 12e Lease financing receivables 59.5 70.7 72.3 74.5 76.3 77.2 77.9 79.1 78.7 79.0 79.4 80.0 13 Interbank loans 146.8 150.0 121.8 115.5 121.5 128.0 124.5 127.0 125.5 120.1 136.5 129.6 13a Fed funds and RPs with banks 93.8 93.7 70.1 69.8 74.2 80.9 78.0 81.5 79.3 75.5 91.1 86.0 13b Other 53.0 56.3 51.7 45.7 47.3 47.0 46.5 45.5 46.2 44.6 45.4 43.6 14 Cash assets (4) 138.6 144.2 144.0 143.1 156.4 150.9 163.6 169.5 186.5 152.9 177.7 157.5 15 Other assets (5) 175.6 185.6 185.0 177.3 177.1 179.6 187.4 192.0 189.6 190.8 190.8 197.8 16 TOTAL ASSETS (6) 2,342.0 2,427.3 2,409.0 2,412.5 2,434.4 2,449.4 2,492.0 2,526.5 2,544.3 2,495.2 2,555.3 2,523.0 ------------------------------------------------- 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) December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,461.6 1,471.4 1,487.3 1,482.0 1,496.1 1,503.9 1,512.5 1,532.4 1,553.2 1,506.4 1,545.5 1,524.6 18 Transaction 409.0 378.3 381.4 375.5 379.8 368.3 369.2 375.9 395.2 356.2 391.5 358.2 19 Nontransaction 1,052.7 1,093.2 1,105.9 1,106.5 1,116.3 1,135.6 1,143.3 1,156.5 1,158.1 1,150.1 1,154.0 1,166.4 20 Large time 162.2 170.6 178.8 183.5 189.0 199.1 200.4 206.7 206.6 206.9 207.3 208.7 21 Other 890.5 922.6 927.1 923.0 927.3 936.5 942.8 949.8 951.5 943.2 946.7 957.7 22 Borrowings 431.0 469.3 440.0 439.0 448.1 465.8 489.7 505.1 504.0 503.3 518.3 510.9 23 From banks in the U.S. 178.9 183.2 159.3 158.7 168.7 175.6 182.8 200.7 194.6 200.5 211.3 211.6 24 From others 252.1 286.1 280.7 280.3 279.5 290.3 306.9 304.4 309.4 302.8 307.1 299.3 25 Net due to related foreign offices 68.8 81.5 77.3 80.8 75.3 79.9 69.0 70.5 69.2 70.9 69.0 76.1 26 Other liabilities 146.8 149.8 150.5 156.6 158.4 146.5 164.2 169.0 166.6 168.5 171.4 170.7 27 TOTAL LIABILITIES 2,108.3 2,172.1 2,155.2 2,158.4 2,178.0 2,196.2 2,235.3 2,277.0 2,293.0 2,249.2 2,304.3 2,282.2 28 Residual (assets less liabilities) (7) 233.7 255.3 253.9 254.1 256.5 253.2 256.7 249.4 251.3 246.0 251.0 240.8 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,921.4 1,986.3 1,997.5 2,008.3 2,013.5 2,026.9 2,053.0 2,077.0 2,080.8 2,071.9 2,083.1 2,079.3 2 Securities in bank credit 427.4 436.8 434.4 441.8 441.2 442.0 457.5 474.3 475.4 473.0 474.5 480.9 3 U.S. government securities 306.3 311.0 311.0 310.1 305.6 311.3 321.8 334.9 334.1 334.1 335.9 339.5 3a Trading account 22.9 18.9 20.8 22.6 21.3 23.4 26.3 27.8 27.3 28.1 28.0 28.0 3b Investment account 283.5 292.1 290.2 287.6 284.3 288.0 295.5 307.1 306.8 306.0 307.9 311.5 3c Mortgage-backed 174.6 187.6 187.8 189.2 188.2 190.0 195.6 204.1 202.9 202.3 205.6 207.4 3d Other 108.9 104.6 102.4 98.3 96.1 98.0 99.9 103.0 103.9 103.7 102.4 104.0 3e 1 year or less 30.7 27.9 27.9 26.3 26.2 27.0 25.7 28.2 29.0 28.1 28.2 28.2 3f Between 1 and 5 years 62.7 57.8 55.3 51.3 48.9 48.7 51.6 52.6 53.3 52.2 51.4 54.2 3g More than 5 years 15.5 18.9 19.2 20.8 21.0 22.2 22.6 22.2 21.6 23.4 22.8 21.6 4 Other securities 121.0 125.7 123.4 131.7 135.6 130.7 135.6 139.4 141.4 138.9 138.6 141.4 4a Trading account 55.4 60.6 57.0 64.9 64.8 59.4 63.3 65.9 69.5 65.6 63.4 65.6 4b Investment account 65.6 65.1 66.4 66.8 70.8 71.2 72.3 73.5 71.8 73.4 75.2 75.8 4c State and local government 20.3 21.2 21.8 21.7 22.0 22.0 22.0 21.9 22.0 21.9 22.0 21.7 4d Other 45.4 43.9 44.6 45.0 48.8 49.2 50.3 51.6 49.9 51.4 53.2 54.1 5 Loans and leases in bank credit (2) 1,494.0 1,549.6 1,563.1 1,566.5 1,572.4 1,584.9 1,595.6 1,602.7 1,605.4 1,598.9 1,608.5 1,598.4 6 Commercial and industrial 396.8 419.4 419.3 418.8 420.3 428.1 433.8 436.9 435.6 436.7 441.0 436.6 6a Bankers acceptances 2.1 1.5 1.6 1.5 1.5 1.5 1.4 1.4 1.4 1.3 1.4 1.3 6b Other 394.7 417.8 417.7 417.3 418.9 426.6 432.4 435.6 434.2 435.3 439.6 435.3 7 Real estate 611.3 627.3 633.5 634.2 635.4 637.5 637.5 638.9 645.1 634.4 635.6 638.0 8 Revolving home equity 59.5 62.6 63.9 64.7 65.5 66.6 67.2 67.6 67.5 67.7 67.8 67.7 9a Other residential 343.3 351.0 354.3 354.3 355.2 354.8 353.0 353.0 358.8 349.3 349.6 351.9 9b Commercial 208.5 213.7 215.3 215.2 214.8 216.0 217.4 218.2 218.8 217.4 218.3 218.5 10 Consumer 299.1 301.2 302.3 301.8 302.3 301.0 295.9 293.8 292.4 294.4 294.5 294.6 11 Security (3) 38.5 41.6 43.0 44.1 44.4 45.7 52.4 53.0 52.8 53.9 54.5 48.8 11a Fed funds and RPs with broker/dealer 22.6 24.1 26.0 27.9 28.5 29.3 35.5 36.5 37.3 37.2 36.7 33.1 11b Other 15.9 17.5 17.0 16.2 15.9 16.4 16.9 16.5 15.5 16.7 17.8 15.7 12a State and local government 11.9 11.2 11.3 11.3 11.4 11.5 11.3 11.2 11.3 11.2 11.1 11.1 12b Agricultural 8.8 8.9 8.9 9.0 9.1 9.1 9.1 9.2 9.3 9.2 9.2 9.2 12c Fed funds and RPs with others 5.1 5.9 6.6 7.6 6.2 7.2 8.7 8.7 7.3 9.9 10.6 7.9 12d All other loans 63.1 63.5 66.0 65.7 67.8 68.3 68.8 71.9 73.0 70.1 72.6 72.2 12e Lease financing receivables 59.5 70.6 72.2 74.0 75.4 76.5 78.0 79.1 78.7 79.0 79.4 80.0 13 Interbank loans 146.3 149.0 122.1 115.9 118.1 124.2 119.1 126.6 125.7 120.1 133.2 135.5 13a Fed funds and RPs with banks 93.8 94.6 71.5 69.2 71.1 77.7 72.9 81.6 80.6 75.3 88.1 91.3 13b Other 52.5 54.4 50.6 46.7 47.0 46.4 46.2 45.0 45.0 44.8 45.1 44.2 14 Cash assets (4) 142.5 142.2 141.3 139.7 145.3 150.0 163.1 174.6 193.6 160.4 181.0 169.0 15 Other assets (5) 173.6 187.4 187.2 180.3 179.5 181.3 185.0 189.5 188.5 186.9 186.9 195.8 16 TOTAL ASSETS (6) 2,346.4 2,428.2 2,411.3 2,407.5 2,419.6 2,445.8 2,483.9 2,531.3 2,552.2 2,502.9 2,547.8 2,542.9 ------------------------------------------------- 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) December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,468.5 1,464.8 1,484.0 1,479.7 1,490.8 1,502.8 1,509.9 1,539.0 1,562.5 1,515.8 1,542.2 1,541.0 18 Transaction 415.5 372.2 377.4 371.5 370.8 367.1 366.6 382.1 400.7 365.9 393.4 373.8 19 Nontransaction 1,053.0 1,092.6 1,106.6 1,108.3 1,120.1 1,135.7 1,143.3 1,156.9 1,161.8 1,149.9 1,148.7 1,167.2 20 Large time 162.5 173.6 178.6 182.9 190.3 196.2 199.6 207.2 207.1 207.3 207.6 208.6 21 Other 890.5 919.0 928.0 925.4 929.8 939.6 943.7 949.7 954.7 942.6 941.1 958.6 22 Borrowings 425.8 475.9 451.7 444.6 449.3 468.8 484.5 499.0 500.3 496.0 506.3 507.0 23 From banks in the U.S. 174.5 189.7 168.3 164.2 173.0 177.2 178.9 195.8 193.1 194.0 202.3 207.2 24 From others 251.3 286.1 283.5 280.4 276.3 291.7 305.6 303.2 307.2 301.9 304.0 299.8 25 Net due to related foreign offices 66.2 88.1 75.8 78.4 72.9 75.3 70.6 66.9 64.5 64.7 70.2 70.2 26 Other liabilities 150.0 151.1 152.4 156.9 156.7 147.5 164.9 172.7 170.8 172.3 174.7 173.4 27 TOTAL LIABILITIES 2,110.6 2,179.9 2,164.0 2,159.6 2,169.8 2,194.5 2,229.8 2,277.5 2,298.1 2,248.8 2,293.3 2,291.6 28 Residual (assets less liabilities) (7) 235.8 248.3 247.4 247.9 249.8 251.4 254.0 253.8 254.1 254.1 254.5 251.3 MEMO 29 Reval. gains on off-bal. sheet items (8) 33.1 42.0 38.5 44.3 45.1 37.5 38.2 41.5 43.3 42.0 40.0 42.2 30 Reval. losses on off-bal. sheet items (8) 28.9 43.4 40.2 45.9 46.5 40.0 41.3 43.6 45.2 43.6 42.4 44.9 31 Mortgage-backed securities (9) 200.5 206.8 206.7 207.1 206.3 208.1 213.7 222.1 221.3 220.1 223.4 224.8 31a Pass-through 133.8 141.5 142.4 143.0 141.7 143.1 147.7 152.9 151.7 151.7 154.9 154.5 31b CMO, REMIC, and other 66.7 65.3 64.3 64.1 64.6 64.9 66.0 69.2 69.7 68.4 68.5 70.4 32 Net unrealized gains (losses) on 2.4 2.1 2.6 3.1 3.7 3.3 3.9 3.6 3.5 3.6 3.6 3.5 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 31.3 33.6 33.4 33.7 34.0 34.1 34.2 34.5 34.6 34.6 34.5 34.5 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,329.5 1,383.6 1,393.4 1,408.2 1,422.7 1,431.6 1,434.7 1,449.6 1,445.3 1,451.2 1,454.5 1,453.9 2 Securities in bank credit 394.8 406.1 406.1 408.8 409.6 409.0 408.6 411.4 410.4 412.7 412.3 411.2 3 U.S. government securities 315.0 323.1 323.3 325.5 326.6 326.7 326.2 326.9 326.4 327.7 327.5 326.7 4 Other securities 79.8 83.1 82.7 83.3 82.9 82.3 82.4 84.4 83.9 85.1 84.8 84.5 5 Loans and leases in bank credit (2) 934.7 977.5 987.4 999.4 1,013.1 1,022.7 1,026.1 1,038.3 1,035.0 1,038.5 1,042.2 1,042.7 6 Commercial and industrial 167.9 176.0 177.9 180.2 182.4 184.1 185.1 187.2 186.7 187.3 188.0 187.9 7 Real estate 480.4 518.7 525.1 535.4 542.3 549.8 555.1 561.2 559.8 562.1 562.7 561.5 8 Revolving home equity 24.5 27.6 27.9 28.4 28.9 29.2 29.0 29.8 29.4 30.2 30.1 30.1 9 Other 455.9 491.0 497.2 507.0 513.4 520.6 526.0 531.3 530.4 531.9 532.6 531.4 10 Consumer 221.1 213.6 214.4 213.6 216.9 215.7 213.0 216.0 214.1 215.7 217.6 219.0 11 Security (3) 4.5 4.6 4.6 4.6 4.8 5.0 5.2 5.1 5.1 4.8 5.2 5.2 12 Other loans and leases 60.9 64.7 65.5 65.7 66.7 68.1 67.7 68.8 69.3 68.5 68.8 69.0 13 Interbank loans 44.7 47.8 49.8 50.5 52.0 53.7 56.8 55.7 56.0 51.5 57.1 59.2 14 Cash assets (4) 60.0 66.1 68.9 68.6 72.1 72.5 70.9 73.5 78.6 68.6 74.6 73.4 15 Other assets (5) 47.5 56.1 60.6 62.3 64.3 62.5 65.2 71.3 65.5 65.4 69.1 97.7 16 TOTAL ASSETS (6) 1,462.7 1,534.2 1,553.3 1,569.8 1,591.0 1,600.2 1,607.5 1,629.9 1,625.3 1,616.5 1,634.9 1,663.8 L I A B I L I T I E S 17 Deposits 1,163.8 1,213.4 1,228.3 1,258.6 1,270.3 1,276.2 1,286.2 1,298.5 1,303.6 1,285.4 1,305.0 1,302.0 18 Transaction 300.3 300.1 301.2 303.5 305.8 303.4 302.1 306.6 310.2 297.4 314.5 308.1 19 Nontransaction 863.5 913.3 927.1 955.0 964.5 972.8 984.1 992.0 993.4 988.0 990.5 994.0 20 Large time 147.8 154.7 158.1 162.7 164.4 166.9 168.1 170.1 169.5 169.7 170.3 171.7 21 Other 715.7 758.6 769.0 792.4 800.1 805.9 816.0 821.9 823.9 818.4 820.3 822.3 22 Borrowings 151.9 150.9 151.7 156.2 159.3 157.9 156.2 158.1 157.9 158.7 157.1 162.5 23 From banks in the U.S. 87.1 85.8 80.6 77.2 78.0 74.0 74.8 74.8 74.1 75.8 75.0 76.8 24 From others 64.9 65.1 71.1 79.1 81.3 83.9 81.4 83.3 83.7 82.9 82.1 85.7 25 Net due to related foreign offices 2.2 4.2 3.8 4.8 4.5 4.8 5.2 5.0 5.4 4.4 5.0 5.0 26 Other liabilities 24.2 25.8 26.5 26.1 27.3 28.4 28.1 29.1 28.2 28.9 28.8 31.9 27 TOTAL LIABILITIES 1,342.1 1,394.4 1,410.3 1,445.7 1,461.4 1,467.3 1,475.7 1,490.8 1,495.1 1,477.5 1,496.0 1,501.5 28 Residual (assets less liabilities) (7) 120.6 139.8 142.9 124.1 129.6 132.9 131.8 139.1 130.2 139.0 139.0 162.2 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,331.1 1,383.5 1,394.4 1,408.6 1,422.4 1,435.5 1,437.5 1,451.3 1,447.1 1,452.2 1,456.9 1,454.7 2 Securities in bank credit 393.2 407.9 407.9 408.0 407.8 409.4 407.7 409.8 409.2 410.4 411.5 409.1 3 U.S. government securities 313.3 324.6 325.2 324.7 325.0 327.2 325.2 325.3 325.3 325.3 326.3 324.7 4 Other securities 79.9 83.3 82.6 83.3 82.7 82.2 82.4 84.5 83.9 85.1 85.2 84.4 5 Loans and leases in bank credit (2) 937.9 975.5 986.5 1,000.7 1,014.6 1,026.2 1,029.8 1,041.5 1,037.9 1,041.8 1,045.4 1,045.6 6 Commercial and industrial 167.1 177.4 179.1 180.2 181.2 183.1 184.5 186.5 186.0 186.5 187.3 187.0 7 Real estate 482.6 517.2 524.9 535.8 543.5 552.0 557.5 563.4 562.0 564.2 565.5 563.5 8 Revolving home equity 24.6 27.5 27.9 28.4 29.0 29.5 29.2 29.9 29.5 30.3 30.2 30.2 9 Other 458.0 489.6 497.1 507.4 514.5 522.5 528.2 533.5 532.4 534.0 535.3 533.3 10 Consumer 221.8 213.1 212.6 213.4 216.9 216.5 213.6 216.6 214.5 216.5 218.4 219.6 11 Security (3) 4.7 4.4 4.4 4.5 4.7 4.9 5.2 5.4 5.4 5.1 5.3 5.7 12 Other loans and leases 61.6 63.4 65.5 66.8 68.3 69.7 69.1 69.6 70.0 69.4 69.0 69.9 13 Interbank loans 49.5 44.4 47.0 47.9 51.0 51.9 57.0 60.6 61.4 56.8 58.9 66.2 14 Cash assets (4) 62.7 65.9 67.6 68.1 69.7 70.9 72.0 76.3 82.0 71.9 76.6 77.3 15 Other assets (5) 48.0 55.6 58.7 62.3 64.4 62.9 64.9 72.1 67.3 65.4 67.8 100.1 16 TOTAL ASSETS (6) 1,472.3 1,529.7 1,547.9 1,567.2 1,587.5 1,601.2 1,611.4 1,640.0 1,637.7 1,626.1 1,639.9 1,678.0 L I A B I L I T I E S 17 Deposits 1,171.5 1,210.9 1,226.4 1,255.2 1,267.7 1,278.5 1,288.5 1,306.2 1,313.0 1,292.5 1,306.8 1,316.2 18 Transaction 304.0 296.8 299.6 301.3 302.6 302.7 302.6 309.9 313.9 300.2 313.7 317.0 19 Nontransaction 867.5 914.1 926.8 953.8 965.1 975.8 986.0 996.3 999.1 992.3 993.1 999.2 20 Large time 148.2 155.6 157.6 161.8 164.1 166.6 168.6 170.5 170.4 170.0 170.6 171.2 21 Other 719.3 758.5 769.2 792.0 801.0 809.2 817.4 825.8 828.7 822.3 822.5 828.0 22 Borrowings 150.4 154.8 155.4 156.2 157.8 157.2 156.3 156.5 156.1 156.4 157.0 159.7 23 From banks in the U.S. 85.2 88.3 83.6 78.7 77.9 74.6 74.2 73.1 73.1 73.0 73.4 74.9 24 From others 65.2 66.5 71.8 77.5 79.9 82.6 82.1 83.4 83.0 83.4 83.7 84.9 25 Net due to related foreign offices 2.2 4.2 3.8 4.8 4.5 4.8 5.2 5.0 5.4 4.4 5.0 5.0 26 Other liabilities 24.1 25.6 26.0 26.3 27.5 28.0 28.1 29.0 28.2 28.8 28.7 31.5 27 TOTAL LIABILITIES 1,348.2 1,395.5 1,411.6 1,442.5 1,457.5 1,468.6 1,478.1 1,496.7 1,502.7 1,482.2 1,497.5 1,512.4 28 Residual (assets less liabilities) (7) 124.2 134.3 136.2 124.7 130.0 132.7 133.3 143.3 134.9 144.0 142.4 165.6 MEMO 29 Mortgage-backed securities (9) 38.0 42.0 43.7 47.2 49.7 50.5 49.7 50.0 50.0 50.0 50.1 50.2 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 494.6 534.1 533.5 535.8 532.2 536.9 543.3 552.5 547.1 543.1 559.6 559.9 2 Securities in bank credit 158.3 173.0 173.3 179.8 177.5 181.9 180.4 196.1 191.7 187.7 204.8 204.1 3 U.S. government securities 86.3 88.0 89.7 90.3 85.8 87.8 86.4 86.2 85.2 79.6 92.3 87.6 4 Other securities 72.0 84.9 83.6 89.5 91.7 94.1 94.1 109.9 106.6 108.1 112.5 116.4 5 Loans and leases in bank credit (2) 336.2 361.1 360.3 356.1 354.7 355.0 362.9 356.4 355.3 355.4 354.8 355.9 6 Commercial and industrial 208.4 218.2 218.1 218.0 219.7 222.2 223.5 222.6 220.2 222.6 223.9 225.8 7 Real estate 32.4 30.5 29.5 28.5 28.3 27.9 27.7 27.0 27.1 26.9 26.6 26.8 11 Security (3) 35.0 42.7 44.8 43.5 42.2 43.0 46.6 41.2 43.4 39.3 38.2 38.7 12 Other loans and leases 60.4 69.7 67.8 66.0 64.4 62.0 65.0 65.6 64.7 66.5 66.1 64.5 13 Interbank loans 20.2 19.8 18.6 18.5 18.0 18.0 20.0 23.1 25.4 19.2 28.4 26.9 14 Cash assets (4) 30.9 33.6 35.1 33.6 34.4 35.5 34.8 36.2 37.0 36.7 34.8 35.4 15 Other assets (5) 35.8 38.5 40.6 42.5 42.6 42.0 41.3 44.5 44.3 44.6 46.0 43.6 16 TOTAL ASSETS (6) 581.2 625.6 627.6 630.2 627.0 632.2 639.2 656.1 653.6 643.4 668.6 665.6 L I A B I L I T I E S 17 Deposits 204.0 248.9 253.3 264.6 263.4 265.6 260.9 271.6 270.2 270.2 276.6 277.0 18 Transaction 10.2 10.9 10.6 10.6 11.2 10.8 10.4 10.6 10.9 10.7 10.9 9.9 19 Nontransaction 193.8 238.0 242.8 253.9 252.2 254.8 250.5 260.9 259.3 259.6 265.7 267.1 20 Large time 191.4 235.5 240.2 251.4 249.7 252.3 248.1 258.5 256.9 257.1 263.2 264.7 21 Other 2.4 2.5 2.5 2.6 2.5 2.5 2.4 2.4 2.4 2.4 2.4 2.4 22 Borrowings 125.7 142.0 138.4 135.0 137.4 143.3 161.8 164.6 167.0 155.7 167.2 158.4 23 From banks in the U.S. 33.2 32.9 30.4 30.3 31.2 35.9 37.7 30.5 31.8 26.0 28.8 28.0 24 From others 92.4 109.0 108.1 104.7 106.3 107.4 124.2 134.1 135.3 129.7 138.4 130.4 25 Net due to related foreign offices 166.9 148.4 148.5 130.9 130.6 127.3 118.6 120.8 116.1 124.3 116.1 131.1 26 Other liabilities 79.6 88.5 88.9 94.9 95.5 93.6 92.5 96.7 94.4 97.7 98.4 99.6 27 TOTAL LIABILITIES 576.2 627.8 629.2 625.4 627.0 629.7 634.0 653.7 647.7 647.9 658.3 666.2 28 Residual (assets less liabilities) (7) 5.0 -2.2 -1.6 4.8 0.0 2.5 5.3 2.4 5.9 -4.4 10.3 -0.6 ------------------------------------------------- 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 December 12, 1997 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Nov May Jun Jul Aug Sep Oct Nov Nov 12 Nov 19 Nov 26 Dec 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 494.1 536.7 534.0 536.3 536.1 534.9 541.9 551.5 546.8 542.5 555.8 557.2 2 Securities in bank credit 158.0 177.8 174.0 178.7 181.0 180.2 180.3 195.4 192.3 187.8 201.4 201.1 3 U.S. government securities 86.2 88.5 88.4 87.7 87.3 86.7 85.6 85.7 85.5 79.0 90.8 86.8 3a Trading account 21.0 18.0 17.8 17.0 18.3 17.2 15.1 17.6 16.2 13.4 21.9 19.2 3b Investment account 65.2 70.6 70.6 70.7 68.9 69.5 70.5 68.1 69.3 65.6 69.0 67.6 4 Other securities 71.8 89.3 85.5 91.0 93.8 93.5 94.8 109.6 106.8 108.8 110.5 114.3 4a Trading account 49.9 59.4 57.3 59.9 61.0 60.9 61.9 69.5 67.3 69.0 70.2 72.5 4b Investment account 21.9 29.9 28.2 31.1 32.8 32.6 32.8 40.2 39.5 39.8 40.3 41.7 5 Loans and leases in bank credit (2) 336.1 358.8 360.0 357.6 355.1 354.6 361.5 356.2 354.5 354.8 354.5 356.1 6 Commercial and industrial 208.2 218.4 218.9 219.2 219.9 220.7 222.2 222.5 219.6 222.5 223.9 225.4 7 Real estate 32.9 30.2 29.3 28.4 28.4 28.0 27.9 27.4 27.4 27.3 27.0 27.2 11 Security (3) 35.0 42.7 44.8 43.5 42.2 43.0 46.6 41.2 43.4 39.3 38.2 38.7 12 Other loans and leases 60.0 67.5 67.0 66.5 64.6 63.0 64.9 65.2 64.1 65.6 65.4 64.8 13 Interbank loans 20.2 19.8 18.6 18.5 18.0 18.0 20.0 23.1 25.4 19.2 28.4 26.9 14 Cash assets (4) 31.1 33.6 35.9 33.8 34.3 34.7 35.2 36.5 37.5 37.3 35.2 35.7 15 Other assets (5) 36.0 39.5 40.5 41.7 43.4 42.4 41.0 44.8 44.4 44.4 46.5 44.6 16 TOTAL ASSETS (6) 581.2 629.3 628.7 630.2 631.7 629.7 637.8 655.8 653.9 643.2 665.7 664.3 L I A B I L I T I E S 17 Deposits 206.6 249.4 253.8 261.6 261.2 264.6 268.8 275.2 275.5 272.4 278.8 278.3 18 Transaction 10.2 10.4 10.5 10.6 10.9 11.2 10.5 10.7 10.9 10.6 10.9 10.2 19 Nontransaction 196.4 239.0 243.3 251.0 250.3 253.3 258.4 264.6 264.6 261.9 267.8 268.2 20 Large time 193.9 236.5 240.7 248.5 247.8 250.9 255.9 262.1 262.2 259.4 265.4 265.7 21 Other 2.4 2.6 2.5 2.5 2.5 2.5 2.5 2.4 2.4 2.4 2.4 2.4 22 Borrowings 122.2 141.8 143.3 143.9 142.6 144.2 157.1 159.3 160.9 149.9 158.6 157.8 23 From banks in the U.S. 33.3 32.5 32.0 31.9 31.7 34.9 34.5 30.4 32.1 25.8 28.6 29.4 24 From others 88.9 109.3 111.3 112.0 110.9 109.3 122.6 128.9 128.7 124.1 130.0 128.4 25 Net due to related foreign offices 166.5 144.2 140.3 129.7 128.7 124.1 117.6 119.1 116.7 118.4 123.6 123.6 26 Other liabilities 80.2 91.2 89.9 92.8 96.0 93.4 90.5 97.4 95.5 98.0 99.7 100.7 27 TOTAL LIABILITIES 575.5 626.5 627.2 628.0 628.6 626.3 634.1 651.1 648.7 638.7 660.8 660.5 28 Residual (assets less liabilities) (7) 5.7 2.7 1.5 2.2 3.0 3.4 3.7 4.7 5.2 4.5 4.9 3.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 32.5 39.3 37.6 39.9 41.1 40.7 39.2 41.6 41.4 41.6 40.9 43.2 30 Reval. losses on off-bal. sheet items (8) 31.6 41.8 39.7 41.7 42.6 41.2 39.3 41.6 41.3 41.6 41.1 43.8 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 December 12, 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.