H.8 (510) ASSETS AND LIABILITIES OF COMMERCIAL BANKS IN THE UNITED STATES (1) For use at 4:15 p.m. Eastern Time Seasonally adjusted, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,769.8 3,921.9 3,957.2 3,970.8 3,995.7 4,029.9 4,074.3 4,108.0 4,093.6 4,094.3 4,124.5 4,128.2 2 Securities in bank credit 989.2 1,009.6 1,031.1 1,024.9 1,031.5 1,045.6 1,081.2 1,101.4 1,093.4 1,090.5 1,108.1 1,115.6 3 U.S. government securities 705.4 724.8 726.5 715.4 724.3 731.8 746.0 752.0 742.1 741.3 756.6 769.1 4 Other securities 283.9 284.8 304.5 309.5 307.2 313.8 335.3 349.4 351.4 349.3 351.5 346.6 5 Loans and leases in bank credit (2) 2,780.6 2,912.2 2,926.2 2,945.9 2,964.2 2,984.3 2,993.1 3,006.6 3,000.2 3,003.7 3,016.4 3,012.6 6 Commercial and industrial 782.2 813.8 817.0 825.6 837.7 844.4 847.1 856.9 850.9 855.8 860.3 862.4 7 Real estate 1,129.0 1,189.3 1,198.2 1,205.5 1,214.0 1,219.2 1,225.1 1,225.4 1,227.9 1,224.0 1,224.6 1,225.3 8 Revolving home equity 84.8 91.9 93.2 94.3 95.5 96.4 97.3 98.2 97.9 98.2 98.6 98.5 9 Other 1,044.2 1,097.5 1,105.1 1,111.2 1,118.5 1,122.8 1,127.8 1,127.2 1,130.0 1,125.8 1,126.1 1,126.8 10 Consumer 521.0 517.7 517.6 518.8 515.2 509.1 509.5 508.9 511.3 509.6 508.2 504.9 11 Security (3) 78.5 92.6 93.5 93.3 94.5 104.4 97.6 97.0 95.0 97.0 98.5 99.7 12 Other loans and leases 270.0 298.8 299.9 302.8 302.8 307.3 313.8 318.5 315.0 317.4 324.9 320.3 13 Interbank loans 203.5 190.3 184.6 191.5 199.6 201.8 207.4 215.2 227.4 216.0 215.2 201.3 14 Cash assets (4) 231.1 248.0 245.3 262.9 258.9 269.3 279.2 267.1 280.9 265.4 272.3 250.3 15 Other assets (5) 262.2 286.2 282.1 283.9 284.1 293.8 303.8 310.0 304.6 292.8 306.3 337.5 16 TOTAL ASSETS (6) 4,410.2 4,589.8 4,612.4 4,652.3 4,681.7 4,738.1 4,807.8 4,843.4 4,849.5 4,811.7 4,861.6 4,860.4 L I A B I L I T I E S 17 Deposits 2,858.6 2,969.0 3,005.2 3,029.8 3,045.6 3,059.0 3,103.5 3,113.4 3,109.9 3,106.4 3,136.7 3,102.6 18 Transaction 718.5 693.6 690.1 697.2 682.9 682.0 692.3 685.4 682.5 674.7 710.0 681.2 19 Nontransaction 2,140.0 2,275.4 2,315.0 2,332.6 2,362.7 2,377.0 2,411.2 2,428.1 2,427.4 2,431.7 2,426.8 2,421.4 20 Large time 520.1 577.1 597.5 603.1 618.2 616.2 635.6 646.0 645.2 650.3 646.9 640.5 21 Other 1,619.9 1,698.3 1,717.5 1,729.5 1,744.5 1,760.9 1,775.6 1,782.1 1,782.2 1,781.4 1,779.8 1,780.9 22 Borrowings 705.8 730.1 730.3 744.9 767.1 807.4 828.1 832.8 847.9 822.8 822.6 837.1 23 From banks in the U.S. 305.2 270.2 266.1 277.8 285.5 295.3 306.0 313.1 328.4 311.2 306.7 304.3 24 From others 400.5 459.9 464.1 467.1 481.6 512.1 522.1 519.7 519.5 511.6 515.9 532.9 25 Net due to related foreign offices 231.1 229.6 216.6 210.5 212.0 193.0 193.7 197.8 197.2 197.8 204.6 194.0 26 Other liabilities 258.3 266.0 277.5 281.3 268.6 284.9 295.2 309.9 303.6 307.4 307.3 323.3 27 TOTAL LIABILITIES 4,053.7 4,194.7 4,229.6 4,266.4 4,293.3 4,344.4 4,420.5 4,453.9 4,458.6 4,434.3 4,471.3 4,457.0 28 Residual (assets less liabilities) (7) 356.5 395.1 382.8 385.9 388.3 393.8 387.3 389.5 391.0 377.4 390.3 403.4 ------------------------------------------------- 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 January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,769.2 3,925.8 3,953.2 3,972.0 3,997.2 4,031.4 4,077.8 4,102.9 4,080.5 4,091.6 4,113.3 4,131.4 2 Securities in bank credit 975.6 1,016.3 1,028.5 1,030.0 1,031.8 1,045.5 1,079.7 1,083.3 1,078.3 1,074.2 1,082.4 1,094.6 3 U.S. government securities 701.3 724.8 722.6 718.0 725.4 732.5 746.5 746.7 742.3 740.7 746.6 754.8 4 Other securities 274.3 291.5 305.9 312.0 306.3 313.0 333.2 336.6 336.1 333.5 335.8 339.8 5 Loans and leases in bank credit (2) 2,793.6 2,909.5 2,924.7 2,941.9 2,965.5 2,985.9 2,998.1 3,019.6 3,002.1 3,017.5 3,030.9 3,036.8 6 Commercial and industrial 779.1 817.2 818.2 821.4 831.9 840.3 845.0 853.2 842.4 850.9 858.7 862.9 7 Real estate 1,133.9 1,187.7 1,198.3 1,207.2 1,217.3 1,222.5 1,229.5 1,230.8 1,234.6 1,229.9 1,228.9 1,230.1 8 Revolving home equity 84.9 91.9 93.2 94.6 96.2 97.0 97.8 98.4 98.1 98.3 98.6 98.5 9 Other 1,049.0 1,095.8 1,105.1 1,112.6 1,121.1 1,125.5 1,131.7 1,132.4 1,136.4 1,131.6 1,130.3 1,131.5 10 Consumer 525.8 514.9 515.2 519.2 517.4 509.2 509.9 513.7 512.4 513.8 515.2 513.2 11 Security (3) 79.7 92.2 92.0 91.4 93.6 104.2 99.6 98.4 97.1 100.3 99.3 99.2 12 Other loans and leases 275.1 297.5 300.9 302.8 305.4 309.7 314.2 323.6 315.6 322.5 328.8 331.4 13 Interbank loans 212.8 187.7 182.3 187.1 194.1 196.7 212.1 224.5 237.0 228.3 218.5 211.9 14 Cash assets (4) 247.5 244.7 241.7 249.3 255.6 270.2 287.3 285.3 272.7 285.6 281.1 303.6 15 Other assets (5) 262.1 286.4 284.3 287.3 286.7 290.6 302.2 310.4 301.5 291.9 303.0 346.6 16 TOTAL ASSETS (6) 4,434.9 4,587.9 4,604.7 4,638.6 4,676.6 4,732.4 4,822.6 4,866.3 4,834.5 4,840.4 4,859.0 4,936.8 L I A B I L I T I E S 17 Deposits 2,890.7 2,964.2 2,996.5 3,019.7 3,045.8 3,066.7 3,121.4 3,143.5 3,123.5 3,137.6 3,144.6 3,169.5 18 Transaction 751.6 687.9 683.8 684.7 681.4 679.9 701.8 716.8 686.7 706.7 727.5 756.2 19 Nontransaction 2,139.1 2,276.3 2,312.7 2,335.0 2,364.3 2,386.7 2,419.6 2,426.7 2,436.8 2,430.9 2,417.1 2,413.3 20 Large time 518.8 576.9 593.2 602.2 613.5 623.6 640.1 644.2 647.7 648.3 644.5 634.2 21 Other 1,620.3 1,699.4 1,719.5 1,732.8 1,750.8 1,763.2 1,779.5 1,782.5 1,789.1 1,782.6 1,772.6 1,779.2 22 Borrowings 698.0 750.5 744.7 749.8 770.4 797.6 815.1 823.0 820.6 818.4 818.6 832.7 23 From banks in the U.S. 299.9 283.9 274.9 282.6 286.8 287.6 299.3 307.0 314.0 307.0 300.7 304.0 24 From others 398.1 466.6 469.8 467.2 483.6 510.0 515.8 516.0 506.5 511.5 517.9 528.7 25 Net due to related foreign offices 229.8 219.9 212.9 206.2 204.3 193.6 188.3 194.1 186.6 188.0 204.3 204.3 26 Other liabilities 254.3 268.3 275.9 280.3 269.1 283.5 299.5 304.9 304.0 300.4 297.6 315.9 27 TOTAL LIABILITIES 4,072.9 4,202.9 4,230.0 4,255.9 4,289.5 4,341.4 4,424.2 4,465.5 4,434.7 4,444.4 4,465.1 4,522.3 28 Residual (assets less liabilities) (7) 362.1 385.0 374.7 382.7 387.1 391.0 398.3 400.7 399.8 396.0 393.9 414.4 MEMO 29 Reval. gains on off-bal. sheet items (8) 69.4 76.0 84.2 86.1 78.3 77.7 83.1 81.9 84.6 78.0 80.1 83.4 30 Reval. losses on off-bal. sheet items (8) 64.4 79.9 87.5 89.2 81.3 81.0 85.2 85.5 88.2 82.5 83.9 85.9 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 3 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,264.8 3,388.4 3,421.4 3,438.6 3,458.7 3,486.2 3,522.1 3,548.3 3,541.4 3,539.7 3,561.3 3,558.1 2 Securities in bank credit 824.7 836.4 851.3 847.4 849.5 864.8 885.3 901.4 897.4 896.0 906.1 909.4 3 U.S. government securities 618.6 635.1 636.2 629.6 636.5 645.5 659.8 667.8 663.6 663.5 670.1 676.2 4 Other securities 206.1 201.2 215.1 217.8 213.0 219.4 225.5 233.6 233.8 232.5 236.0 233.1 5 Loans and leases in bank credit (2) 2,440.1 2,552.0 2,570.1 2,591.2 2,609.1 2,621.4 2,636.8 2,646.9 2,644.0 2,643.8 2,655.2 2,648.7 6 Commercial and industrial 569.2 595.6 598.9 605.9 615.5 620.8 624.6 632.9 629.2 630.9 635.5 638.3 7 Real estate 1,097.0 1,159.9 1,169.7 1,177.1 1,186.1 1,191.5 1,198.1 1,198.9 1,201.1 1,197.1 1,198.3 1,199.2 8 Revolving home equity 84.8 91.9 93.2 94.3 95.5 96.4 97.3 98.2 97.9 98.2 98.6 98.5 9 Other 1,012.2 1,068.0 1,076.6 1,082.9 1,090.6 1,095.0 1,100.8 1,100.7 1,103.2 1,098.9 1,099.8 1,100.7 10 Consumer 521.0 517.7 517.6 518.8 515.2 509.1 509.5 508.9 511.3 509.6 508.2 504.9 11 Security (3) 42.3 47.8 50.0 51.0 51.5 57.8 56.4 52.6 50.9 51.9 55.8 51.6 12 Other loans and leases 210.6 231.0 233.9 238.4 240.8 242.2 248.2 253.7 251.4 254.3 257.3 254.7 13 Interbank loans 181.8 171.6 166.0 173.5 181.6 181.8 184.3 184.6 191.3 185.5 185.5 173.7 14 Cash assets (4) 200.0 212.9 211.7 228.5 223.3 234.4 243.0 232.4 246.6 231.0 237.9 214.7 15 Other assets (5) 225.9 245.6 239.6 241.4 242.1 252.5 259.3 268.6 260.0 253.1 266.4 296.9 16 TOTAL ASSETS (6) 3,816.2 3,962.2 3,982.2 4,025.3 4,049.3 4,098.5 4,152.1 4,177.2 4,182.6 4,152.8 4,194.6 4,186.9 L I A B I L I T I E S 17 Deposits 2,639.0 2,715.6 2,740.6 2,766.4 2,780.1 2,798.1 2,831.4 2,834.8 2,830.0 2,826.4 2,858.7 2,826.9 18 Transaction 708.3 683.0 679.5 686.0 672.1 671.6 681.6 674.8 671.2 664.9 699.0 670.7 19 Nontransaction 1,930.7 2,032.6 2,061.1 2,080.3 2,107.9 2,126.5 2,149.8 2,160.0 2,158.9 2,161.5 2,159.7 2,156.2 20 Large time 313.6 336.9 346.2 353.4 365.9 368.0 376.7 380.4 379.1 382.5 382.3 377.7 21 Other 1,617.1 1,695.7 1,714.9 1,727.0 1,742.0 1,758.5 1,773.1 1,779.6 1,779.8 1,779.0 1,777.4 1,778.4 22 Borrowings 584.0 591.7 595.2 607.4 623.8 645.6 663.0 675.1 684.0 661.1 677.8 678.2 23 From banks in the U.S. 272.3 239.8 235.9 246.6 249.6 257.6 275.4 285.3 295.8 283.1 282.7 278.3 24 From others 311.7 351.8 359.4 360.8 374.2 388.0 387.6 389.8 388.2 378.0 395.0 400.0 25 Net due to related foreign offices 69.0 81.1 85.6 79.8 84.7 74.4 74.3 73.5 77.4 80.7 66.0 70.9 26 Other liabilities 175.8 177.1 182.6 185.7 174.9 191.9 198.5 211.7 202.8 207.8 210.8 227.8 27 TOTAL LIABILITIES 3,467.9 3,565.5 3,604.1 3,639.4 3,663.5 3,710.0 3,767.3 3,795.2 3,794.3 3,776.0 3,813.2 3,803.9 28 Residual (assets less liabilities) (7) 348.2 396.7 378.0 385.9 385.8 388.5 384.8 382.1 388.4 376.8 381.4 383.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 4 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,267.9 3,391.8 3,416.8 3,435.8 3,462.2 3,489.1 3,526.6 3,548.5 3,535.2 3,543.5 3,556.1 3,564.2 2 Securities in bank credit 817.2 842.3 849.8 849.0 851.4 864.8 884.5 891.1 889.1 887.4 890.9 897.0 3 U.S. government securities 616.9 636.3 634.9 630.8 638.7 646.9 660.8 665.0 665.1 663.8 664.4 666.4 4 Other securities 200.3 205.9 214.9 218.2 212.7 217.9 223.7 226.1 224.0 223.6 226.5 230.5 5 Loans and leases in bank credit (2) 2,450.7 2,549.5 2,567.0 2,586.9 2,610.8 2,624.3 2,642.1 2,657.3 2,646.1 2,656.1 2,665.2 2,667.2 6 Commercial and industrial 565.7 598.3 599.0 601.5 611.2 618.1 622.5 628.8 621.8 626.5 632.1 637.1 7 Real estate 1,101.7 1,158.3 1,169.9 1,178.8 1,189.3 1,194.7 1,202.2 1,204.1 1,207.5 1,202.9 1,202.6 1,203.9 8 Revolving home equity 84.9 91.9 93.2 94.6 96.2 97.0 97.8 98.4 98.1 98.3 98.6 98.5 9 Other 1,016.8 1,066.4 1,076.7 1,084.2 1,093.2 1,097.7 1,104.3 1,105.8 1,109.3 1,104.6 1,104.1 1,105.3 10 Consumer 525.8 514.9 515.2 519.2 517.4 509.2 509.9 513.7 512.4 513.8 515.2 513.2 11 Security (3) 43.6 47.4 48.5 49.1 50.6 57.6 58.4 54.0 53.0 55.1 56.6 51.1 12 Other loans and leases 213.9 230.6 234.4 238.2 242.3 244.8 249.1 256.7 251.4 257.8 258.7 261.9 13 Interbank loans 191.1 169.1 163.8 169.1 176.1 176.6 189.0 194.0 200.9 197.8 188.7 184.3 14 Cash assets (4) 215.3 208.8 207.9 215.0 220.9 235.1 250.8 249.3 237.8 250.1 244.7 266.0 15 Other assets (5) 225.0 245.9 242.5 243.9 244.3 249.7 257.4 268.1 254.3 250.8 263.2 306.3 16 TOTAL ASSETS (6) 3,842.8 3,959.1 3,974.5 4,006.9 4,046.8 4,094.2 4,167.1 4,203.2 4,171.3 4,185.4 4,196.2 4,264.4 L I A B I L I T I E S 17 Deposits 2,668.4 2,710.4 2,734.9 2,758.5 2,781.2 2,797.9 2,845.7 2,861.9 2,840.3 2,854.9 2,861.8 2,891.7 18 Transaction 740.7 677.4 673.2 673.8 670.2 669.5 691.1 705.6 675.2 696.2 715.7 744.5 19 Nontransaction 1,927.7 2,033.0 2,061.7 2,084.7 2,111.0 2,128.4 2,154.6 2,156.3 2,165.0 2,158.7 2,146.1 2,147.2 20 Large time 310.2 336.2 344.8 354.4 362.6 367.7 377.5 376.2 378.4 378.6 375.9 370.5 21 Other 1,617.5 1,696.8 1,716.9 1,730.3 1,748.4 1,760.7 1,777.0 1,780.0 1,786.6 1,780.1 1,770.1 1,776.7 22 Borrowings 577.5 607.1 600.8 607.1 626.2 640.5 655.3 667.4 659.6 659.3 674.5 676.3 23 From banks in the U.S. 266.4 251.9 242.9 250.9 251.9 253.1 268.8 278.7 281.6 277.6 277.3 276.6 24 From others 311.1 355.3 357.9 356.2 374.3 387.4 386.5 388.7 378.0 381.7 397.2 399.7 25 Net due to related foreign offices 66.2 79.6 83.2 77.4 80.1 76.0 70.6 69.6 74.0 76.1 65.0 65.0 26 Other liabilities 173.2 178.4 183.1 184.2 175.5 192.6 202.1 208.2 202.0 203.6 205.1 222.2 27 TOTAL LIABILITIES 3,485.3 3,575.6 3,602.0 3,627.3 3,663.1 3,706.9 3,773.7 3,807.0 3,775.9 3,793.9 3,806.4 3,855.3 28 Residual (assets less liabilities) (7) 357.5 383.5 372.5 379.6 383.7 387.3 393.4 396.1 395.4 391.5 389.8 409.1 MEMO 29 Reval. gains on off-bal. sheet items (8) 36.0 38.5 44.3 45.1 37.5 38.2 41.5 41.3 42.3 38.8 40.8 42.9 30 Reval. losses on off-bal. sheet items (8) 31.8 40.2 45.9 46.5 40.0 41.3 43.6 44.2 45.0 42.8 43.9 44.7 31 Mortgage-backed securities (9) 241.5 250.6 254.5 256.2 258.8 263.7 272.9 278.9 275.7 278.8 278.5 284.1 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 5 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,932.2 1,998.7 2,017.1 2,019.7 2,031.0 2,056.3 2,077.2 2,092.9 2,088.4 2,084.6 2,103.6 2,101.6 2 Securities in bank credit 430.1 430.7 442.9 438.2 440.9 456.7 474.0 488.1 485.4 484.2 491.7 494.2 3 U.S. government securities 303.5 312.1 311.1 303.3 310.1 319.7 332.9 339.7 336.4 336.8 341.5 346.3 3a Trading account 19.6 22.2 23.7 20.6 23.3 25.2 26.5 29.4 28.4 28.3 29.8 32.1 3b Investment account 283.9 289.9 287.4 282.6 286.8 294.6 306.5 310.3 308.0 308.5 311.7 314.2 4 Other securities 126.6 118.6 131.9 134.9 130.8 137.0 141.1 148.4 149.0 147.4 150.3 147.9 4a Trading account 60.7 51.8 64.2 63.7 59.6 65.4 68.8 72.1 73.9 71.5 73.6 69.7 4b Investment account 65.9 66.8 67.7 71.3 71.2 71.6 72.3 76.3 75.2 75.9 76.6 78.1 4c State and local government 20.4 21.7 22.1 22.3 22.0 22.0 21.8 21.7 21.6 21.6 21.6 22.0 4d Other 45.6 45.1 45.5 49.0 49.1 49.6 50.5 54.6 53.6 54.3 55.0 56.2 5 Loans and leases in bank credit (2) 1,502.1 1,568.1 1,574.2 1,581.5 1,590.0 1,599.6 1,603.2 1,604.8 1,603.0 1,600.3 1,611.9 1,607.4 6 Commercial and industrial 400.4 418.7 419.6 424.5 432.3 436.9 438.4 444.8 441.6 443.1 447.6 448.8 6a Bankers acceptances 2.1 1.6 1.6 1.5 1.5 1.3 1.2 1.3 1.2 1.3 1.3 1.3 6b Other 398.3 417.0 418.1 423.0 430.9 435.6 437.2 443.5 440.3 441.8 446.3 447.6 7 Real estate 614.5 636.7 636.3 636.7 638.2 638.5 639.1 636.0 639.0 634.4 634.6 635.7 8 Revolving home equity 59.9 64.1 64.8 65.4 66.4 66.9 67.4 68.0 67.9 68.1 68.3 68.2 9 Other 554.6 572.7 571.5 571.3 571.8 571.5 571.7 568.0 571.2 566.4 566.4 567.5 10 Consumer 300.2 303.8 304.4 302.2 300.0 296.8 294.3 291.8 294.0 290.8 290.8 290.5 11 Security (3) 37.8 43.3 45.4 46.3 46.6 52.5 51.3 47.3 45.5 46.6 50.4 46.4 11a Fed funds and RPs with broker/dealer 21.9 26.4 28.6 30.0 29.7 35.4 35.0 31.0 30.0 29.5 33.8 30.3 11b Other 15.9 16.8 16.9 16.3 16.9 17.1 16.2 16.2 15.5 17.1 16.7 16.1 12a State and local government 12.0 11.3 11.3 11.4 11.4 11.3 11.2 11.2 11.2 11.2 11.2 11.1 12b Agricultural 8.8 8.8 8.8 8.8 8.9 9.0 9.3 9.4 9.3 9.3 9.4 9.5 12c Fed funds and RPs with others 5.6 6.5 7.4 6.3 6.6 8.9 10.7 12.3 11.4 12.3 12.8 14.1 12d All other loans 61.9 66.7 66.4 69.1 68.8 67.8 69.9 71.2 70.8 72.0 73.8 69.4 12e Lease financing receivables 61.0 72.3 74.5 76.3 77.2 77.9 79.1 80.9 80.2 80.5 81.3 81.8 13 Interbank loans 135.3 122.0 115.7 121.7 128.1 124.7 127.2 124.4 130.6 125.4 123.3 115.8 13a Fed funds and RPs with banks 85.9 70.3 70.0 74.3 81.2 78.3 81.7 80.7 85.8 81.6 80.3 72.6 13b Other 49.3 51.7 45.7 47.3 47.0 46.3 45.4 43.7 44.8 43.8 43.0 43.3 14 Cash assets (4) 139.5 144.2 143.3 156.6 151.1 163.8 169.8 162.2 174.2 160.4 164.7 151.3 15 Other assets (5) 178.2 185.1 177.5 177.2 179.8 187.7 191.9 197.5 192.4 190.6 198.9 209.0 16 TOTAL ASSETS (6) 2,347.8 2,413.1 2,416.6 2,438.5 2,453.5 2,496.0 2,529.6 2,540.6 2,549.2 2,524.7 2,554.3 2,541.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 6 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars (continued) January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,473.3 1,490.4 1,485.1 1,499.2 1,507.1 1,515.6 1,535.7 1,538.2 1,535.5 1,535.1 1,556.0 1,530.2 18 Transaction 409.9 382.5 376.6 380.9 369.4 370.3 376.4 375.1 373.3 367.0 391.7 375.8 19 Nontransaction 1,063.4 1,108.0 1,108.5 1,118.3 1,137.7 1,145.4 1,159.3 1,163.1 1,162.2 1,168.1 1,164.4 1,154.5 20 Large time 164.1 179.1 183.7 189.2 199.4 200.7 207.0 209.2 208.5 212.3 210.6 205.3 21 Other 899.2 928.9 924.8 929.1 938.3 944.7 952.3 954.0 953.7 955.8 953.8 949.1 22 Borrowings 431.2 440.8 439.8 448.9 466.6 490.5 505.9 514.7 522.3 500.3 517.4 520.0 23 From banks in the U.S. 187.5 159.3 158.7 168.7 175.5 182.8 200.7 209.7 219.1 206.6 207.6 204.6 24 From others 243.7 281.5 281.1 280.2 291.1 307.7 305.2 305.0 303.2 293.7 309.7 315.5 25 Net due to related foreign offices 66.3 77.3 80.8 75.3 79.9 69.2 69.3 69.3 73.5 76.6 61.6 66.5 26 Other liabilities 151.9 150.6 156.7 158.5 146.6 163.8 169.8 181.8 173.5 178.3 181.9 195.9 27 TOTAL LIABILITIES 2,122.6 2,159.1 2,162.4 2,181.9 2,200.2 2,239.2 2,280.7 2,304.0 2,304.7 2,290.4 2,316.9 2,312.7 28 Residual (assets less liabilities) (7) 225.2 254.0 254.2 256.6 253.3 256.8 248.9 236.6 244.4 234.3 237.4 228.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 7 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,932.5 2,001.2 2,012.0 2,017.2 2,030.6 2,056.5 2,080.0 2,090.2 2,080.8 2,085.7 2,093.9 2,103.7 2 Securities in bank credit 423.0 434.8 442.2 441.6 442.4 457.6 474.7 478.3 478.2 475.9 475.3 482.5 3 U.S. government securities 302.2 311.4 310.5 306.0 311.8 322.2 335.5 337.4 338.8 337.5 334.7 337.4 3a Trading account 18.3 20.8 22.6 21.3 23.4 26.1 28.0 27.0 28.4 27.4 24.8 26.3 3b Investment account 284.0 290.6 288.0 284.7 288.4 296.1 307.5 310.4 310.3 310.0 310.0 311.0 3c Mortgage-backed 180.3 188.2 189.6 188.6 190.4 196.1 204.6 209.2 207.1 208.7 209.8 212.0 3d Other 103.7 102.4 98.3 96.1 98.0 100.0 102.9 101.1 103.3 101.3 100.2 99.0 3e 1 year or less 27.6 27.9 26.3 26.2 27.0 25.7 28.3 26.9 28.7 27.0 27.2 24.1 3f Between 1 and 5 years 62.4 55.3 51.3 48.9 48.7 51.6 52.4 52.2 52.8 52.3 50.7 52.5 3g More than 5 years 13.7 19.2 20.8 21.0 22.2 22.6 22.3 22.1 21.7 21.9 22.3 22.4 4 Other securities 120.8 123.4 131.7 135.6 130.6 135.5 139.2 140.9 139.4 138.5 140.5 145.1 4a Trading account 54.2 57.0 64.9 64.8 59.4 63.3 65.9 63.9 63.3 61.8 63.2 66.5 4b Investment account 66.6 66.4 66.8 70.8 71.2 72.1 73.3 77.0 76.1 76.7 77.3 78.7 4c State and local government 20.5 21.8 21.7 22.0 22.0 22.0 21.9 21.8 21.7 21.7 21.8 22.1 4d Other 46.1 44.6 45.0 48.8 49.2 50.2 51.4 55.2 54.4 55.0 55.5 56.6 5 Loans and leases in bank credit (2) 1,509.5 1,566.5 1,569.8 1,575.7 1,588.2 1,598.9 1,605.2 1,611.9 1,602.6 1,609.7 1,618.6 1,621.2 6 Commercial and industrial 397.4 420.2 419.7 421.2 429.0 434.7 437.1 441.2 435.3 439.5 444.2 447.4 6a Bankers acceptances 2.1 1.6 1.5 1.5 1.5 1.4 1.4 1.3 1.3 1.3 1.3 1.3 6b Other 395.3 418.6 418.2 419.8 427.5 433.3 435.7 439.9 434.0 438.2 442.9 446.1 7 Real estate 617.3 635.3 636.0 637.2 639.2 639.3 640.9 639.1 643.3 638.2 636.8 638.0 8 Revolving home equity 60.0 64.1 64.8 65.6 66.7 67.3 67.8 68.1 67.9 68.1 68.2 68.2 9a Other residential 345.0 355.3 355.4 356.2 355.9 354.1 354.1 351.3 356.1 349.8 348.4 350.1 9b Commercial 212.3 215.9 215.8 215.4 216.6 217.9 219.0 219.8 219.2 220.3 220.3 219.7 10 Consumer 304.0 302.7 302.2 302.7 301.4 296.3 294.0 295.8 294.8 294.2 296.7 298.0 11 Security (3) 38.8 43.0 44.1 44.4 45.7 52.4 53.0 48.5 47.1 49.6 51.2 45.8 11a Fed funds and RPs with broker/dealer 22.0 26.0 27.9 28.5 29.3 35.5 36.5 31.2 31.6 30.7 32.9 28.9 11b Other 16.8 17.0 16.2 15.9 16.4 16.9 16.5 17.2 15.5 18.9 18.3 16.9 12a State and local government 12.0 11.3 11.3 11.4 11.5 11.4 11.2 11.2 11.2 11.3 11.2 11.0 12b Agricultural 8.7 8.9 9.0 9.1 9.1 9.1 9.2 9.3 9.2 9.2 9.2 9.7 12c Fed funds and RPs with others 5.1 6.6 7.6 6.2 7.3 8.7 8.7 10.8 10.3 11.2 10.6 12.5 12d All other loans 65.0 66.2 65.8 68.0 68.5 69.0 72.0 74.9 71.2 76.1 77.2 76.1 12e Lease financing receivables 61.2 72.2 74.0 75.4 76.5 78.0 79.1 81.1 80.2 80.6 81.4 82.8 13 Interbank loans 141.5 122.3 116.0 118.2 124.3 119.3 126.8 130.3 131.3 134.0 127.4 126.2 13a Fed funds and RPs with banks 89.4 71.7 69.4 71.3 78.0 73.2 81.9 84.3 85.8 88.1 81.0 79.3 13b Other 52.1 50.6 46.7 47.0 46.4 46.1 45.0 46.0 45.6 45.9 46.3 47.0 14 Cash assets (4) 150.9 141.5 139.9 145.5 150.2 163.3 174.8 175.5 166.4 176.4 170.8 191.1 15 Other assets (5) 176.8 187.4 180.4 179.6 181.5 185.2 189.4 195.9 187.9 188.3 197.7 210.6 16 TOTAL ASSETS (6) 2,364.3 2,415.5 2,411.6 2,423.7 2,450.0 2,487.9 2,534.5 2,555.5 2,529.8 2,548.0 2,553.5 2,595.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 8 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars (continued) January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,489.3 1,487.1 1,482.8 1,494.0 1,506.0 1,513.1 1,542.3 1,552.5 1,534.7 1,551.6 1,553.6 1,572.9 18 Transaction 431.1 378.5 372.5 371.9 368.2 367.6 382.6 395.6 371.6 389.1 402.5 428.4 19 Nontransaction 1,058.2 1,108.6 1,110.3 1,122.1 1,137.8 1,145.4 1,159.7 1,156.9 1,163.1 1,162.6 1,151.2 1,144.5 20 Large time 161.7 178.9 183.2 190.5 196.5 199.9 207.5 206.0 207.9 209.2 205.6 200.0 21 Other 896.5 929.8 927.1 931.6 941.4 945.5 952.2 950.9 955.2 953.4 945.6 944.4 22 Borrowings 425.1 452.5 445.4 450.1 469.6 485.4 499.8 507.5 501.4 499.7 513.0 515.8 23 From banks in the U.S. 182.2 168.3 164.2 173.0 177.1 178.9 195.8 203.7 207.7 202.4 202.1 201.2 24 From others 243.0 284.3 281.1 277.1 292.5 306.4 304.0 303.8 293.8 297.3 310.9 314.7 25 Net due to related foreign offices 63.4 75.8 78.4 72.9 75.3 70.8 65.6 65.3 70.1 72.0 60.6 60.6 26 Other liabilities 149.7 152.5 156.9 156.8 147.6 164.5 173.5 178.9 172.8 174.7 176.7 191.3 27 TOTAL LIABILITIES 2,127.5 2,168.0 2,163.5 2,173.8 2,198.5 2,233.8 2,281.2 2,304.2 2,279.1 2,298.0 2,303.9 2,340.6 28 Residual (assets less liabilities) (7) 236.8 247.5 248.0 249.9 251.5 254.1 253.4 251.3 250.8 249.9 249.5 254.9 MEMO 29 Reval. gains on off-bal. sheet items (8) 36.0 38.5 44.3 45.1 37.5 38.2 41.5 41.3 42.3 38.8 40.8 42.9 30 Reval. losses on off-bal. sheet items (8) 31.8 40.2 45.9 46.5 40.0 41.3 43.6 44.2 45.0 42.8 43.9 44.7 31 Mortgage-backed securities (9) 203.6 207.3 207.7 206.9 208.8 214.4 222.8 228.3 225.1 228.1 227.7 233.5 31a Pass-through 136.0 142.9 143.5 142.2 143.7 148.4 153.2 156.9 154.0 156.9 156.9 160.7 31b CMO, REMIC, and other 67.6 64.5 64.3 64.7 65.0 66.0 69.6 71.4 71.1 71.2 70.8 72.8 32 Net unrealized gains (losses) on 2.8 2.6 3.1 3.7 3.3 3.9 3.6 3.5 3.4 3.4 3.4 4.0 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 31.7 33.4 33.7 34.0 34.1 34.2 34.4 34.3 33.9 34.1 34.6 34.6 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 9 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,332.6 1,389.6 1,404.3 1,418.8 1,427.7 1,429.9 1,444.9 1,455.3 1,453.0 1,455.2 1,457.7 1,456.5 2 Securities in bank credit 394.6 405.7 408.4 409.2 408.6 408.1 411.3 413.2 412.0 411.7 414.4 415.2 3 U.S. government securities 315.1 323.1 325.2 326.4 326.4 325.7 326.9 328.1 327.2 326.7 328.6 329.9 4 Other securities 79.5 82.6 83.2 82.8 82.2 82.4 84.4 85.2 84.8 85.0 85.8 85.3 5 Loans and leases in bank credit (2) 938.0 983.9 996.0 1,009.7 1,019.1 1,021.8 1,033.6 1,042.1 1,040.9 1,043.5 1,043.3 1,041.3 6 Commercial and industrial 168.8 177.0 179.3 181.5 183.2 184.0 186.2 188.1 187.6 187.8 187.9 189.5 7 Real estate 482.5 523.1 533.5 540.4 547.9 553.0 559.0 562.9 562.1 562.7 563.7 563.5 8 Revolving home equity 24.8 27.8 28.3 28.8 29.1 29.5 29.9 30.2 30.1 30.1 30.3 30.3 9 Other 457.6 495.3 505.1 511.5 518.8 523.5 529.1 532.7 532.0 532.6 533.4 533.2 10 Consumer 220.8 214.0 213.2 216.5 215.2 212.3 215.2 217.1 217.3 218.8 217.3 214.4 11 Security (3) 4.5 4.5 4.6 4.7 5.0 5.2 5.2 5.3 5.4 5.3 5.4 5.2 12 Other loans and leases 61.3 65.3 65.5 66.5 67.9 67.2 68.1 68.7 68.5 68.9 68.9 68.7 13 Interbank loans 46.5 49.7 50.3 51.8 53.5 57.2 57.1 60.3 60.7 60.1 62.1 57.9 14 Cash assets (4) 60.5 68.8 68.4 71.9 72.3 70.6 73.2 70.2 72.5 70.7 73.2 63.4 15 Other assets (5) 47.7 60.5 62.2 64.2 62.3 64.8 67.3 71.0 67.6 62.5 67.5 88.0 16 TOTAL ASSETS (6) 1,468.3 1,549.0 1,565.5 1,586.8 1,595.8 1,602.5 1,622.4 1,636.6 1,633.4 1,628.2 1,640.3 1,645.7 L I A B I L I T I E S 17 Deposits 1,165.7 1,225.2 1,255.5 1,267.2 1,273.0 1,282.5 1,295.7 1,296.6 1,294.5 1,291.3 1,302.6 1,296.7 18 Transaction 298.4 300.6 302.9 305.1 302.7 301.3 305.2 299.7 297.9 297.9 307.3 295.0 19 Nontransaction 867.3 924.6 952.6 962.0 970.2 981.1 990.5 996.9 996.7 993.4 995.3 1,001.7 20 Large time 149.5 157.8 162.4 164.1 166.5 167.3 169.6 171.3 170.6 170.2 171.6 172.4 21 Other 717.9 766.8 790.2 797.9 803.7 813.8 820.9 825.7 826.0 823.2 823.6 829.3 22 Borrowings 152.9 150.9 155.5 158.6 157.2 155.0 157.1 160.4 161.7 160.8 160.4 158.2 23 From banks in the U.S. 84.8 80.6 77.2 78.0 74.1 74.8 74.7 75.6 76.7 76.5 75.1 73.7 24 From others 68.0 70.3 78.3 80.6 83.1 80.2 82.4 84.8 85.0 84.4 85.3 84.5 25 Net due to related foreign offices 2.7 3.8 4.8 4.5 4.8 5.2 5.0 4.2 3.9 4.1 4.4 4.4 26 Other liabilities 24.0 26.4 26.0 27.3 28.3 28.1 28.7 29.9 29.4 29.5 28.9 31.9 27 TOTAL LIABILITIES 1,345.3 1,406.4 1,441.7 1,457.5 1,463.3 1,470.8 1,486.6 1,491.1 1,489.5 1,485.7 1,496.3 1,491.2 28 Residual (assets less liabilities) (7) 123.0 142.7 123.8 129.3 132.5 131.8 135.8 145.5 143.9 142.5 144.0 154.5 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 10 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,335.3 1,390.5 1,404.8 1,418.6 1,431.6 1,432.6 1,446.6 1,458.3 1,454.4 1,457.8 1,462.2 1,460.5 2 Securities in bank credit 394.2 407.5 407.6 407.4 409.0 407.1 409.8 412.9 411.0 411.5 415.6 414.5 3 U.S. government securities 314.7 324.9 324.4 324.8 326.9 324.7 325.3 327.7 326.4 326.4 329.7 329.1 4 Other securities 79.5 82.5 83.2 82.6 82.1 82.4 84.5 85.2 84.6 85.1 86.0 85.4 5 Loans and leases in bank credit (2) 941.2 983.1 997.2 1,011.2 1,022.6 1,025.5 1,036.8 1,045.4 1,043.4 1,046.4 1,046.6 1,046.0 6 Commercial and industrial 168.3 178.2 179.3 180.3 182.2 183.4 185.4 187.6 186.5 187.0 187.8 189.7 7 Real estate 484.4 523.0 533.9 541.6 550.1 555.4 561.3 565.0 564.1 564.8 565.8 565.8 8 Revolving home equity 24.9 27.8 28.4 29.0 29.4 29.7 30.0 30.3 30.2 30.2 30.4 30.3 9 Other 459.5 495.2 505.5 512.6 520.7 525.7 531.3 534.7 533.9 534.5 535.4 535.5 10 Consumer 221.7 212.2 213.0 216.5 216.0 212.9 215.8 217.9 217.6 219.6 218.5 215.3 11 Security (3) 4.7 4.4 4.4 4.7 4.8 5.2 5.4 5.6 5.9 5.5 5.4 5.3 12 Other loans and leases 61.9 65.3 66.6 68.1 69.5 68.6 68.8 69.4 69.3 69.5 69.1 69.9 13 Interbank loans 49.5 46.8 47.7 50.8 51.8 57.4 62.1 63.6 69.6 63.7 61.4 58.1 14 Cash assets (4) 64.4 67.4 68.0 69.5 70.7 71.8 76.0 73.8 71.4 73.8 74.0 74.9 15 Other assets (5) 48.2 58.5 62.1 64.2 62.8 64.5 68.0 72.2 66.4 62.5 65.5 95.7 16 TOTAL ASSETS (6) 1,478.5 1,543.7 1,563.0 1,583.2 1,596.8 1,606.4 1,632.6 1,647.7 1,641.5 1,637.5 1,642.8 1,668.9 L I A B I L I T I E S 17 Deposits 1,179.1 1,223.3 1,252.1 1,264.5 1,275.2 1,284.8 1,303.4 1,309.4 1,305.6 1,303.3 1,308.2 1,318.8 18 Transaction 309.6 298.9 300.7 301.9 302.0 301.8 308.5 310.0 303.6 307.2 313.3 316.1 19 Nontransaction 869.5 924.4 951.4 962.6 973.2 983.0 994.9 999.4 1,002.0 996.1 994.9 1,002.7 20 Large time 148.5 157.3 161.6 163.9 166.2 167.8 170.1 170.3 170.5 169.4 170.3 170.4 21 Other 721.0 767.0 789.8 798.8 807.0 815.2 824.8 829.1 831.4 826.7 824.5 832.3 22 Borrowings 152.3 154.6 155.5 157.0 156.6 155.1 155.5 159.9 158.2 159.6 161.5 160.5 23 From banks in the U.S. 84.2 83.6 78.7 77.9 74.7 74.2 73.0 74.9 73.9 75.1 75.3 75.5 24 From others 68.1 71.0 76.7 79.2 81.8 80.9 82.5 84.9 84.3 84.4 86.3 85.0 25 Net due to related foreign offices 2.7 3.8 4.8 4.5 4.8 5.2 5.0 4.2 3.9 4.1 4.4 4.4 26 Other liabilities 23.5 26.0 26.2 27.4 28.0 28.1 28.6 29.3 29.2 28.9 28.4 30.9 27 TOTAL LIABILITIES 1,357.8 1,407.7 1,438.5 1,453.5 1,464.6 1,473.1 1,492.5 1,502.8 1,496.9 1,495.9 1,502.4 1,514.7 28 Residual (assets less liabilities) (7) 120.7 136.0 124.5 129.8 132.3 133.2 140.1 144.8 144.6 141.6 140.3 154.2 MEMO 29 Mortgage-backed securities (9) 38.0 43.2 46.8 49.2 50.1 49.3 50.1 50.6 50.6 50.7 50.7 50.7 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 11 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Seasonally adjusted, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 505.0 533.5 535.8 532.2 537.0 543.7 552.2 559.8 552.3 554.5 563.3 570.1 2 Securities in bank credit 164.5 173.3 179.8 177.5 182.0 180.8 195.9 200.0 196.0 194.6 202.0 206.3 3 U.S. government securities 86.7 89.7 90.3 85.8 87.8 86.4 86.1 84.2 78.5 77.8 86.5 92.8 4 Other securities 77.8 83.6 89.5 91.7 94.2 94.4 109.8 115.8 117.5 116.8 115.5 113.5 5 Loans and leases in bank credit (2) 340.6 360.3 356.1 354.7 355.0 362.9 356.3 359.7 356.2 360.0 361.3 363.8 6 Commercial and industrial 213.0 218.1 218.0 219.7 222.2 223.6 222.6 223.9 221.7 224.9 224.8 224.1 7 Real estate 32.0 29.5 28.5 28.3 27.9 27.7 27.0 26.5 26.8 26.9 26.3 26.1 11 Security (3) 36.2 44.8 43.5 42.2 43.0 46.6 41.1 44.4 44.1 45.2 42.7 48.1 12 Other loans and leases 59.3 67.8 66.0 64.4 62.0 65.0 65.6 64.9 63.6 63.0 67.5 65.6 13 Interbank loans 21.7 18.6 18.5 18.0 18.0 20.0 23.1 30.6 36.0 30.5 29.7 27.6 14 Cash assets (4) 31.1 35.1 33.6 34.4 35.5 34.8 36.2 34.7 34.2 34.4 34.4 35.6 15 Other assets (5) 36.4 40.6 42.5 42.6 42.0 41.3 44.5 41.4 44.6 39.7 39.9 40.5 16 TOTAL ASSETS (6) 594.0 627.6 630.2 627.0 632.3 639.6 655.8 666.2 666.9 658.9 667.0 673.5 L I A B I L I T I E S 17 Deposits 219.6 253.3 264.6 263.4 265.6 260.9 272.1 278.6 279.8 280.0 278.1 275.7 18 Transaction 10.2 10.6 10.6 11.2 10.8 10.4 10.7 10.6 11.3 9.8 11.0 10.5 19 Nontransaction 209.3 242.8 253.9 252.2 254.8 250.5 261.4 268.1 268.5 270.2 267.1 265.2 20 Large time 206.5 240.2 251.4 249.7 252.3 248.1 259.0 265.6 266.1 267.8 264.7 262.8 21 Other 2.8 2.5 2.6 2.5 2.5 2.4 2.4 2.4 2.4 2.4 2.4 2.4 22 Borrowings 121.7 138.4 135.0 137.4 143.3 161.8 165.1 157.7 164.0 161.6 144.9 158.9 23 From banks in the U.S. 32.9 30.4 30.3 31.2 35.9 37.7 30.5 27.8 32.7 28.1 24.0 26.0 24 From others 88.8 108.1 104.7 106.3 107.4 124.2 134.5 129.9 131.3 133.5 120.8 132.9 25 Net due to related foreign offices 162.0 148.5 130.9 130.6 127.3 118.6 119.4 124.2 119.7 117.0 138.6 123.1 26 Other liabilities 82.5 88.9 94.9 95.5 93.7 93.0 96.7 98.2 100.8 99.6 96.5 95.5 27 TOTAL LIABILITIES 585.8 629.2 625.4 627.0 629.9 634.4 653.2 658.7 664.3 658.3 658.0 653.2 28 Residual (assets less liabilities) (7) 8.2 -1.6 4.8 0.0 2.5 5.2 2.6 7.4 2.6 0.6 9.0 20.4 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 12 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars January 9, 1998 Account 1996 1997 1997 1997 1997 1997 1997 1997 Week ending Dec Jun Jul Aug Sep Oct Nov Dec Dec 10 Dec 17 Dec 24 Dec 31 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 501.3 534.0 536.3 536.1 535.0 542.3 551.3 554.4 545.3 548.1 557.2 567.2 2 Securities in bank credit 158.4 174.0 178.7 181.0 180.3 180.7 195.2 192.1 189.2 186.7 191.5 197.6 3 U.S. government securities 84.4 88.4 87.7 87.3 86.7 85.6 85.7 81.6 77.1 76.8 82.2 88.4 3a Trading account 19.1 17.8 17.0 18.3 17.2 15.1 17.6 15.9 11.4 12.5 17.5 21.0 3b Investment account 65.3 70.6 70.7 68.9 69.5 70.5 68.1 65.7 65.7 64.4 64.6 67.4 4 Other securities 74.0 85.5 91.0 93.8 93.6 95.1 109.6 110.5 112.1 109.9 109.3 109.2 4a Trading account 50.7 57.3 59.9 61.0 61.0 62.3 69.4 69.9 71.0 68.1 69.0 70.5 4b Investment account 23.3 28.2 31.1 32.8 32.6 32.8 40.1 40.6 41.1 41.8 40.3 38.8 5 Loans and leases in bank credit (2) 342.9 360.0 357.6 355.1 354.6 361.6 356.1 362.3 356.1 361.4 365.7 369.6 6 Commercial and industrial 213.4 218.9 219.2 219.9 220.7 222.2 222.4 224.4 220.6 224.4 226.6 225.8 7 Real estate 32.2 29.3 28.4 28.4 28.0 27.9 27.4 26.7 27.1 27.0 26.3 26.2 11 Security (3) 36.2 44.8 43.5 42.2 43.0 46.6 41.1 44.4 44.1 45.2 42.7 48.1 12 Other loans and leases 61.2 67.0 66.5 64.6 63.0 64.9 65.1 66.9 64.2 64.7 70.1 69.5 13 Interbank loans 21.7 18.6 18.5 18.0 18.0 20.0 23.1 30.6 36.0 30.5 29.7 27.6 14 Cash assets (4) 32.2 35.9 33.8 34.3 34.7 35.2 36.5 36.0 34.9 35.5 36.3 37.6 15 Other assets (5) 37.1 40.5 41.7 43.4 42.4 40.9 44.8 42.3 47.2 41.1 39.8 40.3 16 TOTAL ASSETS (6) 592.1 628.7 630.2 631.7 629.8 638.2 655.5 663.1 663.1 654.9 662.8 672.4 L I A B I L I T I E S 17 Deposits 222.3 253.8 261.6 261.2 264.6 268.8 275.7 281.7 283.2 282.6 282.8 277.8 18 Transaction 10.9 10.5 10.6 10.9 11.2 10.5 10.7 11.2 11.5 10.5 11.7 11.7 19 Nontransaction 211.4 243.3 251.0 250.3 253.3 258.3 265.0 270.4 271.7 272.2 271.1 266.1 20 Large time 208.5 240.7 248.5 247.8 250.9 255.9 262.6 268.0 269.3 269.7 268.6 263.7 21 Other 2.8 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.4 2.4 2.4 2.5 22 Borrowings 120.6 143.3 143.9 142.6 144.2 157.1 159.8 155.6 160.9 159.2 144.1 156.3 23 From banks in the U.S. 33.5 32.0 31.9 31.7 34.9 34.5 30.5 28.3 32.4 29.4 23.4 27.4 24 From others 87.0 111.3 112.0 110.9 109.3 122.6 129.3 127.3 128.5 129.8 120.8 129.0 25 Net due to related foreign offices 163.6 140.3 129.7 128.7 124.1 117.6 117.6 124.6 112.6 111.9 139.3 139.3 26 Other liabilities 81.1 89.9 92.8 96.0 93.5 91.0 97.4 96.7 102.0 96.8 92.5 93.6 27 TOTAL LIABILITIES 587.6 627.2 628.0 628.6 626.4 634.5 650.5 658.5 658.8 650.5 658.7 667.1 28 Residual (assets less liabilities) (7) 4.5 1.5 2.2 3.0 3.4 3.7 4.9 4.6 4.3 4.5 4.1 5.3 MEMO 29 Reval. gains on off-bal. sheet items (8) 33.4 37.6 39.9 41.1 40.8 39.5 41.6 40.6 42.2 39.2 39.3 40.5 30 Reval. losses on off-bal. sheet items (8) 32.6 39.7 41.7 42.6 41.4 39.8 41.6 41.3 43.2 39.7 40.0 41.1 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 January 9, 1998 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.