h8.ascii 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 August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,923.3 4,095.6 4,150.8 4,182.2 4,222.7 4,219.7 4,246.6 4,256.0 4,257.6 4,262.7 4,272.7 4,296.0 2 Securities in bank credit 1,007.9 1,082.6 1,104.4 1,108.5 1,126.9 1,107.3 1,122.7 1,116.1 1,118.5 1,118.6 1,122.2 1,133.7 3 U.S. government securities 716.9 747.0 760.6 768.0 779.8 763.7 770.8 754.0 758.0 752.2 751.1 765.5 4 Other securities 291.0 335.6 343.8 340.5 347.1 343.6 351.9 362.1 360.5 366.4 371.1 368.2 5 Loans and leases in bank credit (2) 2,915.4 3,012.9 3,046.4 3,073.7 3,095.7 3,112.4 3,123.9 3,139.9 3,139.1 3,144.1 3,150.6 3,162.3 6 Commercial and industrial 817.2 853.2 863.6 871.2 873.1 871.5 880.1 890.1 892.3 895.9 893.8 899.8 7 Real estate 1,189.9 1,231.4 1,235.1 1,249.8 1,262.4 1,269.6 1,271.0 1,270.4 1,274.8 1,272.0 1,269.6 1,273.9 8 Revolving home equity 92.3 97.5 97.9 98.0 98.1 98.2 97.8 97.6 97.3 97.2 97.3 97.3 9 Other 1,097.6 1,133.9 1,137.2 1,151.8 1,164.3 1,171.3 1,173.2 1,172.9 1,177.4 1,174.7 1,172.3 1,176.5 10 Consumer 518.2 507.5 504.6 502.7 502.7 505.9 506.0 502.5 496.4 496.1 496.3 496.8 11 Security (3) 92.7 96.5 116.0 117.7 116.7 115.2 119.8 126.1 123.3 124.0 135.1 132.9 12 Other loans and leases 297.5 324.3 327.2 332.3 340.8 350.2 347.0 350.7 352.4 356.2 355.8 359.0 13 Interbank loans 190.8 209.4 201.3 199.8 216.5 212.6 201.5 216.4 206.1 215.0 209.2 214.4 14 Cash assets (4) 249.7 263.1 265.4 269.1 281.0 274.1 255.9 255.8 231.6 261.3 248.5 247.1 15 Other assets (5) 288.0 295.4 291.6 294.7 291.4 305.7 312.1 312.0 304.2 314.8 309.0 323.9 16 TOTAL ASSETS (6) 4,595.1 4,806.7 4,852.5 4,889.2 4,954.6 4,954.8 4,958.7 4,982.8 4,942.0 4,996.5 4,982.1 5,023.9 L I A B I L I T I E S 17 Deposits 2,974.1 3,112.5 3,118.3 3,155.4 3,195.0 3,208.0 3,201.8 3,218.8 3,174.4 3,207.9 3,182.9 3,192.1 18 Transaction 693.9 688.3 681.3 688.6 698.6 697.2 688.2 683.9 646.6 679.9 666.0 671.3 19 Nontransaction 2,280.2 2,424.3 2,437.1 2,466.8 2,496.4 2,510.9 2,513.6 2,534.9 2,527.8 2,527.9 2,516.9 2,520.7 20 Large time 580.5 636.7 645.1 659.6 676.4 673.7 674.0 683.5 665.6 660.8 663.7 668.0 21 Other 1,699.8 1,787.6 1,792.0 1,807.1 1,820.0 1,837.2 1,839.5 1,851.4 1,862.2 1,867.1 1,853.1 1,852.7 22 Borrowings 740.9 818.7 828.9 829.2 860.2 874.8 867.2 866.1 846.9 864.8 868.7 886.3 23 From banks in the U.S. 283.9 304.1 291.2 292.3 306.6 304.7 283.6 292.0 286.7 297.5 286.2 298.0 24 From others 457.0 514.6 537.7 536.9 553.6 570.1 583.6 574.1 560.2 567.3 582.6 588.3 25 Net due to related foreign offices 217.5 194.9 230.6 223.0 201.4 175.5 168.4 164.7 188.3 172.5 178.4 175.6 26 Other liabilities 271.1 280.1 293.7 296.8 290.7 289.6 295.5 303.9 310.6 314.1 310.9 322.5 27 TOTAL LIABILITIES 4,203.6 4,406.2 4,471.6 4,504.3 4,547.3 4,547.9 4,532.9 4,553.5 4,520.2 4,559.3 4,540.9 4,576.5 28 Residual (assets less liabilities) (7) 391.5 400.6 380.9 384.8 407.3 406.9 425.7 429.3 421.8 437.1 441.2 447.4 ------------------------------------------------- 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 August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,924.9 4,105.3 4,158.1 4,179.6 4,213.1 4,224.2 4,241.5 4,257.4 4,260.1 4,257.4 4,260.1 4,285.0 2 Securities in bank credit 1,011.3 1,077.8 1,104.9 1,111.9 1,128.3 1,117.9 1,127.3 1,119.0 1,117.5 1,112.2 1,113.0 1,126.3 3 U.S. government securities 719.3 745.0 757.3 766.9 783.1 772.1 775.4 756.5 756.1 748.2 746.5 760.1 4 Other securities 292.0 332.8 347.6 345.0 345.2 345.9 351.9 362.5 361.5 364.0 366.5 366.2 5 Loans and leases in bank credit (2) 2,913.6 3,027.5 3,053.2 3,067.6 3,084.8 3,106.3 3,114.2 3,138.4 3,142.6 3,145.2 3,147.0 3,158.7 6 Commercial and industrial 819.6 851.5 861.2 871.1 876.7 879.0 885.6 892.8 894.9 895.6 893.0 896.4 7 Real estate 1,187.6 1,234.9 1,235.2 1,244.5 1,255.9 1,263.1 1,264.7 1,268.0 1,276.5 1,274.8 1,271.1 1,276.2 8 Revolving home equity 92.0 97.8 98.1 97.5 97.0 97.3 97.5 97.3 97.2 97.3 97.4 97.4 9 Other 1,095.6 1,137.1 1,137.1 1,146.9 1,158.8 1,165.7 1,167.2 1,170.7 1,179.2 1,177.5 1,173.8 1,178.8 10 Consumer 515.3 513.8 511.3 502.2 496.2 500.9 500.7 499.7 493.0 493.5 494.5 496.3 11 Security (3) 92.8 99.1 116.2 119.2 117.6 116.7 119.5 126.1 121.1 122.6 132.1 130.9 12 Other loans and leases 298.4 328.4 329.3 330.7 338.5 346.5 343.7 351.8 357.2 358.6 356.3 358.8 13 Interbank loans 188.2 218.8 208.1 202.8 216.0 215.4 197.2 213.3 207.3 209.4 198.6 202.9 14 Cash assets (4) 244.8 282.2 276.4 269.3 269.4 269.4 251.5 250.7 235.1 257.9 234.9 240.6 15 Other assets (5) 286.4 295.7 290.1 295.8 291.3 303.7 311.6 310.3 306.4 314.9 308.7 326.4 16 TOTAL ASSETS (6) 4,587.6 4,845.3 4,876.3 4,890.9 4,933.0 4,955.7 4,944.3 4,974.1 4,951.5 4,982.2 4,944.9 4,997.5 L I A B I L I T I E S 17 Deposits 2,966.0 3,145.0 3,124.5 3,142.6 3,185.8 3,207.5 3,185.3 3,210.8 3,190.3 3,202.6 3,155.7 3,171.7 18 Transaction 688.4 722.6 693.3 681.9 686.2 702.3 676.4 678.9 659.6 675.6 644.6 658.9 19 Nontransaction 2,277.5 2,422.4 2,431.2 2,460.7 2,499.5 2,505.1 2,508.9 2,531.9 2,530.7 2,526.9 2,511.1 2,512.8 20 Large time 578.5 641.2 643.4 658.5 673.9 668.1 674.3 681.2 659.5 658.0 660.6 667.0 21 Other 1,699.0 1,781.2 1,787.8 1,802.1 1,825.7 1,837.0 1,834.6 1,850.7 1,871.2 1,868.9 1,850.4 1,845.8 22 Borrowings 748.4 816.7 835.3 829.8 852.0 874.7 872.6 873.4 847.3 868.6 871.4 887.1 23 From banks in the U.S. 286.5 307.9 294.7 293.2 304.2 304.0 284.7 293.9 286.3 297.9 285.4 296.2 24 From others 461.8 508.8 540.6 536.5 547.9 570.7 587.9 579.5 561.1 570.7 586.0 590.9 25 Net due to related foreign offices 219.9 193.6 231.0 221.1 199.7 174.8 178.8 172.2 187.0 176.2 183.5 183.5 26 Other liabilities 270.1 281.1 293.8 298.0 290.9 288.7 295.0 303.0 309.5 313.4 310.1 322.4 27 TOTAL LIABILITIES 4,204.3 4,436.3 4,484.6 4,491.5 4,528.5 4,545.7 4,531.7 4,559.5 4,534.1 4,560.8 4,520.7 4,564.7 28 Residual (assets less liabilities) (7) 383.3 409.0 391.7 399.4 404.5 410.0 412.6 414.7 417.4 421.4 424.2 432.8 MEMO 29 Reval. gains on off-bal. sheet items (8) 77.9 82.4 93.1 87.5 87.2 83.3 85.3 92.1 93.0 92.6 91.5 92.0 30 Reval. losses on off-bal. sheet items (8) 80.9 85.7 95.6 89.8 89.3 84.4 84.8 90.4 91.7 91.6 89.0 89.5 ------------------------------------------------- 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 August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,392.2 3,551.5 3,582.2 3,613.5 3,656.7 3,661.8 3,682.4 3,688.1 3,686.8 3,699.7 3,701.1 3,712.1 2 Securities in bank credit 841.1 895.5 911.3 915.5 929.6 915.7 928.6 920.4 922.1 929.4 930.1 930.2 3 U.S. government securities 633.7 670.5 679.1 684.0 692.0 675.5 682.5 667.2 666.2 668.7 667.3 669.8 4 Other securities 207.5 224.9 232.2 231.6 237.6 240.2 246.1 253.1 255.8 260.6 262.8 260.4 5 Loans and leases in bank credit (2) 2,551.1 2,656.1 2,670.9 2,698.0 2,727.1 2,746.2 2,753.8 2,767.7 2,764.7 2,770.4 2,771.1 2,781.9 6 Commercial and industrial 595.8 631.8 640.3 648.6 652.7 657.2 666.5 674.7 674.2 677.7 676.2 680.0 7 Real estate 1,160.0 1,205.5 1,208.6 1,223.9 1,237.8 1,245.9 1,247.9 1,247.6 1,252.3 1,248.6 1,246.4 1,250.7 8 Revolving home equity 92.3 97.5 97.9 98.0 98.1 98.2 97.8 97.6 97.3 97.2 97.3 97.3 9 Other 1,067.8 1,108.0 1,110.7 1,125.9 1,139.7 1,147.7 1,150.1 1,150.0 1,155.0 1,151.4 1,149.0 1,153.3 10 Consumer 518.2 507.5 504.6 502.7 502.7 505.9 506.0 502.5 496.4 496.1 496.3 496.8 11 Security (3) 47.2 52.8 61.2 62.9 67.8 63.5 61.7 67.5 66.9 67.1 71.6 71.6 12 Other loans and leases 229.8 258.5 256.2 259.9 266.1 273.7 271.7 275.5 275.0 280.8 280.7 282.9 13 Interbank loans 172.0 178.1 173.2 175.0 195.6 191.8 180.7 193.1 184.7 196.7 187.2 189.2 14 Cash assets (4) 214.7 229.5 232.5 236.5 246.9 238.8 221.3 220.7 196.9 225.8 214.6 212.4 15 Other assets (5) 246.3 253.1 251.3 252.5 248.7 262.9 270.3 271.6 265.0 275.2 269.5 283.5 16 TOTAL ASSETS (6) 3,968.7 4,155.8 4,182.8 4,221.2 4,291.2 4,298.2 4,297.4 4,316.2 4,276.2 4,340.4 4,315.3 4,339.9 L I A B I L I T I E S 17 Deposits 2,721.9 2,840.0 2,844.8 2,870.6 2,906.1 2,915.7 2,907.5 2,916.7 2,875.3 2,915.8 2,890.6 2,893.5 18 Transaction 683.4 678.4 671.1 678.5 688.0 686.1 677.7 673.1 629.6 668.2 654.3 659.8 19 Nontransaction 2,038.6 2,161.6 2,173.8 2,192.1 2,218.1 2,229.6 2,229.8 2,243.6 2,245.7 2,247.6 2,236.3 2,233.7 20 Large time 339.9 376.8 383.6 386.8 399.8 393.3 390.3 391.6 384.5 381.6 383.8 381.4 21 Other 1,698.7 1,784.8 1,790.2 1,805.3 1,818.3 1,836.3 1,839.6 1,852.0 1,861.2 1,866.0 1,852.5 1,852.3 22 Borrowings 597.6 669.1 679.1 684.3 706.1 705.7 698.8 692.6 681.7 687.9 689.9 704.3 23 From banks in the U.S. 252.0 278.3 267.7 269.6 280.8 278.1 259.7 259.9 262.8 265.4 256.3 269.4 24 From others 345.6 390.9 411.5 414.7 425.3 427.5 439.1 432.7 418.9 422.4 433.6 434.9 25 Net due to related foreign offices 75.8 73.2 91.0 88.3 82.9 77.2 71.4 71.5 74.9 77.7 77.2 76.3 26 Other liabilities 179.6 184.6 197.5 199.5 196.7 199.3 202.0 209.2 216.2 219.0 214.9 220.0 27 TOTAL LIABILITIES 3,575.0 3,766.9 3,812.5 3,842.6 3,891.8 3,897.8 3,879.6 3,890.1 3,848.1 3,900.4 3,872.5 3,894.1 28 Residual (assets less liabilities) (7) 393.8 388.9 370.3 378.5 399.4 400.4 417.7 426.1 428.2 440.0 442.8 445.9 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 4 ASSETS AND LIABILITIES OF DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,391.5 3,562.2 3,592.5 3,611.5 3,647.5 3,666.6 3,675.6 3,686.5 3,687.2 3,691.8 3,685.3 3,697.1 2 Securities in bank credit 842.1 894.4 917.1 922.0 932.9 924.9 929.3 920.2 919.1 921.4 918.1 918.4 3 U.S. government securities 636.0 668.8 677.8 683.6 694.6 685.3 686.5 669.6 665.0 665.5 662.4 664.4 4 Other securities 206.1 225.6 239.4 238.4 238.4 239.6 242.9 250.6 254.1 255.9 255.6 253.9 5 Loans and leases in bank credit (2) 2,549.3 2,667.8 2,675.4 2,689.5 2,714.5 2,741.8 2,746.2 2,766.3 2,768.1 2,770.4 2,767.2 2,778.8 6 Commercial and industrial 598.3 629.2 637.1 647.4 655.6 664.7 672.6 677.4 677.1 677.5 675.3 677.3 7 Real estate 1,157.9 1,208.8 1,208.7 1,218.4 1,231.2 1,239.6 1,241.7 1,245.3 1,254.2 1,251.7 1,248.1 1,253.3 8 Revolving home equity 92.0 97.8 98.1 97.5 97.0 97.3 97.5 97.3 97.2 97.3 97.4 97.4 9 Other 1,065.9 1,111.0 1,110.6 1,120.8 1,134.1 1,142.3 1,144.3 1,148.0 1,156.9 1,154.3 1,150.7 1,155.9 10 Consumer 515.3 513.8 511.3 502.2 496.2 500.9 500.7 499.7 493.0 493.5 494.5 496.3 11 Security (3) 47.4 54.0 61.3 64.2 67.9 65.6 61.8 67.6 65.4 66.1 69.4 70.1 12 Other loans and leases 230.4 261.9 257.0 257.3 263.6 271.0 269.5 276.2 278.4 281.6 280.0 281.7 13 Interbank loans 169.4 187.4 180.1 178.0 195.2 194.5 176.3 190.0 186.0 191.1 176.7 177.7 14 Cash assets (4) 208.9 247.1 243.5 237.2 236.4 235.8 217.3 214.6 200.3 222.7 201.5 206.0 15 Other assets (5) 245.5 252.7 249.3 252.2 248.6 263.3 269.3 270.8 268.3 275.8 269.7 286.0 16 TOTAL ASSETS (6) 3,958.9 4,192.9 4,209.4 4,222.6 4,271.0 4,303.4 4,281.4 4,304.5 4,284.6 4,324.2 4,276.1 4,309.6 L I A B I L I T I E S 17 Deposits 2,712.3 2,869.3 2,852.9 2,860.1 2,895.6 2,916.8 2,888.2 2,907.0 2,895.4 2,912.2 2,865.1 2,872.8 18 Transaction 677.9 712.3 683.2 672.0 675.7 691.7 666.1 668.1 642.4 663.7 632.8 647.2 19 Nontransaction 2,034.3 2,157.1 2,169.7 2,188.1 2,219.9 2,225.1 2,222.1 2,238.9 2,253.0 2,248.5 2,232.3 2,225.6 20 Large time 337.9 377.0 382.9 387.1 395.2 389.1 388.5 389.2 382.7 380.6 382.8 380.7 21 Other 1,696.5 1,780.0 1,786.8 1,800.9 1,824.7 1,836.0 1,833.6 1,849.7 1,870.2 1,867.9 1,849.5 1,844.8 22 Borrowings 605.0 667.1 685.6 684.9 697.9 705.6 704.2 699.9 682.1 691.7 692.6 705.1 23 From banks in the U.S. 254.6 282.0 271.2 270.6 278.3 277.4 260.8 261.9 262.4 265.9 255.6 267.6 24 From others 350.4 385.1 414.4 414.3 419.6 428.2 443.4 438.1 419.7 425.8 437.0 437.5 25 Net due to related foreign offices 79.6 67.1 86.5 85.1 82.1 77.9 80.8 79.7 78.3 85.1 85.6 85.6 26 Other liabilities 179.6 184.6 197.5 199.5 196.7 199.3 202.0 209.2 216.2 219.0 214.9 220.0 27 TOTAL LIABILITIES 3,576.5 3,788.1 3,822.6 3,829.6 3,872.4 3,899.6 3,875.3 3,895.9 3,872.0 3,908.0 3,858.1 3,883.6 28 Residual (assets less liabilities) (7) 382.3 404.8 386.8 393.0 398.6 403.8 406.1 408.6 412.6 416.2 418.0 426.0 MEMO 29 Reval. gains on off-bal. sheet items (8) 38.5 41.0 49.9 47.0 47.2 43.9 45.6 50.5 51.6 52.1 51.8 50.3 30 Reval. losses on off-bal. sheet items (8) 40.2 43.9 52.6 49.2 49.6 45.3 46.3 50.1 51.2 52.3 50.3 48.5 31 Mortgage-backed securities (9) 252.9 281.0 289.7 293.8 299.5 293.4 294.9 286.9 289.6 288.9 290.4 289.1 ------------------------------------------------- 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 August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,035.1 2,116.1 2,143.4 2,169.4 2,206.7 2,207.0 2,219.1 2,216.1 2,205.9 2,219.0 2,215.1 2,222.8 2 Securities in bank credit 442.6 483.2 501.6 507.5 519.2 506.4 515.3 507.5 504.9 512.5 511.8 511.3 3 U.S. government securities 317.4 343.7 354.7 361.3 369.4 356.1 359.6 346.2 343.1 346.0 344.1 346.2 3a Trading account 21.8 27.4 29.1 28.0 27.5 23.7 24.5 24.6 22.1 22.3 21.2 21.7 3b Investment account 295.6 316.3 325.6 333.3 341.9 332.4 335.1 321.5 321.0 323.7 322.9 324.5 4 Other securities 125.2 139.5 147.0 146.2 149.8 150.2 155.7 161.3 161.8 166.6 167.7 165.1 4a Trading account 58.6 63.3 69.6 67.5 70.9 69.4 74.4 78.3 76.8 81.2 82.5 80.7 4b Investment account 66.7 76.2 77.4 78.7 78.9 80.9 81.3 83.1 85.0 85.3 85.3 84.5 4c State and local government 21.8 22.1 22.5 22.7 22.8 23.0 22.8 22.2 22.3 22.3 22.5 22.4 4d Other 44.9 54.0 54.9 56.0 56.2 57.9 58.5 60.9 62.7 63.1 62.8 62.0 5 Loans and leases in bank credit (2) 1,592.5 1,632.9 1,641.8 1,661.9 1,687.5 1,700.6 1,703.8 1,708.6 1,701.1 1,706.5 1,703.3 1,711.4 6 Commercial and industrial 422.5 447.4 454.2 461.0 464.9 467.8 474.8 481.4 480.0 483.1 481.2 484.1 6a Bankers acceptances 1.6 1.2 1.2 1.2 1.3 1.2 1.2 1.2 1.3 1.3 1.3 1.3 6b Other 420.9 446.2 453.0 459.8 463.7 466.5 473.6 480.2 478.7 481.8 479.9 482.8 7 Real estate 652.7 653.6 650.6 660.6 672.1 676.3 676.0 669.0 669.4 665.6 660.4 663.6 8 Revolving home equity 65.2 68.1 68.5 68.5 68.7 69.1 68.5 68.0 67.6 67.5 67.4 67.5 9 Other 587.5 585.5 582.1 592.1 603.3 607.3 607.5 601.1 601.9 598.1 593.0 596.1 10 Consumer 308.4 295.5 294.3 292.8 294.3 298.3 297.9 294.6 289.5 289.8 288.6 288.6 11 Security (3) 42.8 47.1 55.6 57.1 61.6 57.2 55.8 61.4 60.8 61.1 65.9 65.9 11a Fed funds and RPs with broker/dealer 26.2 31.0 39.4 41.2 43.7 39.7 37.6 42.9 42.9 42.4 47.3 47.0 11b Other 16.7 16.1 16.2 16.0 17.8 17.5 18.3 18.5 18.0 18.7 18.6 18.9 12a State and local government 11.3 11.6 11.3 11.3 11.1 11.2 11.3 11.2 11.1 11.2 11.1 11.0 12b Agricultural 9.2 9.6 9.5 9.5 9.5 9.6 9.7 9.6 9.4 9.5 9.6 9.7 12c Fed funds and RPs with others 6.8 11.2 7.7 6.1 7.1 7.2 5.6 5.6 8.2 9.3 8.4 9.0 12d All other loans 65.8 75.4 74.3 78.1 79.5 82.7 80.2 82.2 78.4 82.6 83.1 84.1 12e Lease financing receivables 73.0 81.5 84.2 85.3 87.3 90.3 92.5 93.4 94.0 94.3 94.9 95.4 13 Interbank loans 123.4 122.5 117.4 118.1 131.2 126.4 115.1 125.4 117.9 126.0 120.6 119.9 13a Fed funds and RPs with banks 73.2 82.7 76.8 69.3 80.8 74.8 64.0 72.9 63.1 70.7 66.0 64.4 13b Other 50.2 39.8 40.6 48.8 50.3 51.5 51.1 52.5 54.8 55.3 54.6 55.5 14 Cash assets (4) 147.7 158.4 160.9 164.1 173.7 164.7 147.3 146.0 128.0 149.9 141.9 141.0 15 Other assets (5) 189.2 190.6 188.2 188.0 185.4 196.2 201.6 199.1 194.3 197.6 195.6 198.4 16 TOTAL ASSETS (6) 2,458.2 2,550.8 2,573.0 2,602.8 2,659.9 2,657.0 2,645.6 2,649.5 2,609.0 2,655.2 2,636.1 2,645.1 ------------------------------------------------- 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) August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,519.4 1,560.3 1,559.4 1,578.9 1,607.2 1,609.6 1,594.0 1,590.6 1,554.2 1,581.6 1,562.9 1,560.5 18 Transaction 389.0 381.2 375.0 380.2 387.0 386.3 378.5 372.3 342.5 369.3 355.1 361.4 19 Nontransaction 1,130.4 1,179.1 1,184.3 1,198.7 1,220.2 1,223.3 1,215.5 1,218.3 1,211.8 1,212.3 1,207.8 1,199.2 20 Large time 184.9 209.5 213.3 214.3 226.9 219.1 214.5 215.9 211.1 208.0 210.2 207.6 21 Other 945.5 969.6 971.0 984.4 993.2 1,004.2 1,001.1 1,002.4 1,000.6 1,004.2 997.7 991.6 22 Borrowings 447.1 511.4 521.1 525.2 544.6 542.5 534.5 527.4 512.3 519.2 523.1 534.2 23 From banks in the U.S. 174.5 205.8 195.3 197.0 209.0 208.1 188.6 187.6 186.8 190.7 182.1 192.8 24 From others 272.6 305.5 325.8 328.2 335.6 334.4 345.9 339.8 325.5 328.5 341.0 341.5 25 Net due to related foreign offices 72.0 68.9 86.8 82.2 78.8 73.7 67.6 67.7 71.3 74.3 73.5 72.5 26 Other liabilities 153.8 155.5 169.1 170.4 166.6 168.8 171.0 178.1 185.4 186.8 182.5 186.6 27 TOTAL LIABILITIES 2,192.3 2,296.0 2,336.3 2,356.7 2,397.2 2,394.5 2,367.0 2,363.8 2,323.3 2,361.8 2,342.0 2,353.9 28 Residual (assets less liabilities) (7) 265.8 254.8 236.7 246.1 262.7 262.5 278.6 285.7 285.6 293.4 294.1 291.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 7 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,029.9 2,126.1 2,159.0 2,175.9 2,201.2 2,206.1 2,205.3 2,209.7 2,209.0 2,212.0 2,202.1 2,209.1 2 Securities in bank credit 440.4 484.0 509.1 516.1 521.1 510.0 511.9 504.2 502.9 505.5 501.6 501.2 3 U.S. government securities 316.9 343.5 354.8 363.1 370.8 360.8 360.3 345.8 342.7 343.8 340.9 342.5 3a Trading account 20.8 27.0 28.2 28.4 28.3 23.9 23.7 23.7 21.4 21.6 20.5 21.2 3b Investment account 296.1 316.5 326.6 334.6 342.5 336.9 336.6 322.2 321.3 322.2 320.5 321.3 3c Mortgage-backed 190.4 212.1 220.5 223.1 227.6 221.2 221.0 212.5 213.6 213.0 214.1 214.2 3d Other 105.7 104.4 106.2 111.6 114.8 115.7 115.7 109.6 107.8 109.1 106.4 107.1 3e 1 year or less 29.0 28.2 27.2 29.2 29.9 31.1 29.6 29.7 28.9 29.7 27.7 28.2 3f Between 1 and 5 years 56.9 53.4 52.4 51.4 51.3 50.7 49.3 46.2 49.2 49.3 48.5 49.3 3g More than 5 years 19.8 22.7 26.6 31.0 33.6 33.9 36.7 33.8 29.7 30.2 30.2 29.6 4 Other securities 123.5 140.5 154.3 153.0 150.3 149.2 151.5 158.3 160.1 161.7 160.6 158.7 4a Trading account 57.0 63.6 76.2 74.2 71.4 69.0 70.9 75.5 75.8 76.9 76.1 75.0 4b Investment account 66.5 76.9 78.0 78.8 79.0 80.2 80.6 82.9 84.3 84.8 84.5 83.7 4c State and local government 21.9 22.2 22.5 22.7 22.7 22.9 22.7 22.4 22.1 22.1 22.4 22.5 4d Other 44.6 54.8 55.6 56.1 56.3 57.3 57.9 60.5 62.2 62.7 62.1 61.2 5 Loans and leases in bank credit (2) 1,589.5 1,642.1 1,649.9 1,659.9 1,680.0 1,696.1 1,693.4 1,705.5 1,706.1 1,706.5 1,700.5 1,707.9 6 Commercial and industrial 423.3 445.4 451.8 460.2 466.9 472.9 478.4 482.5 482.3 482.8 480.9 482.4 6a Bankers acceptances 1.6 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.2 1.3 1.2 6b Other 421.8 444.1 450.6 459.0 465.7 471.7 477.2 481.3 481.0 481.6 479.7 481.2 7 Real estate 650.1 656.0 653.7 658.9 667.8 670.4 668.2 666.2 672.1 668.2 662.2 665.5 8 Revolving home equity 65.0 68.4 68.9 68.1 67.8 68.0 68.0 67.7 67.6 67.7 67.6 67.7 9a Other residential 361.7 359.7 358.9 363.8 373.0 374.2 371.7 371.1 377.4 372.8 367.7 370.3 9b Commercial 223.3 227.9 225.9 227.0 227.0 228.2 228.4 227.3 227.0 227.7 226.9 227.5 10 Consumer 307.0 299.4 299.3 292.4 289.7 294.3 293.9 293.4 288.8 289.2 288.5 288.9 11 Security (3) 43.1 48.4 55.7 58.5 61.7 59.3 55.9 61.6 59.3 60.0 63.7 64.4 11a Fed funds and RPs with broker/dealer 26.0 31.3 39.5 42.4 43.9 41.6 37.5 42.6 41.7 41.9 46.2 45.7 11b Other 17.0 17.0 16.2 16.0 17.8 17.7 18.4 19.0 17.7 18.1 17.5 18.7 12a State and local government 11.2 11.7 11.3 11.3 11.1 11.1 11.2 11.2 11.1 11.1 11.1 11.0 12b Agricultural 9.3 9.6 9.4 9.1 9.2 9.3 9.5 9.7 9.8 9.9 10.0 10.0 12c Fed funds and RPs with others 6.8 11.2 7.7 6.1 7.1 7.2 5.6 5.6 8.2 9.3 8.4 9.0 12d All other loans 65.9 78.6 75.0 76.7 78.6 81.6 79.0 82.4 80.6 82.0 81.5 82.0 12e Lease financing receivables 72.7 81.8 86.0 86.6 87.9 90.1 91.8 93.0 93.9 94.0 94.3 94.6 13 Interbank loans 123.6 127.9 122.7 117.1 126.9 127.1 114.4 125.9 119.2 125.3 117.6 117.3 13a Fed funds and RPs with banks 73.6 86.9 80.7 68.5 77.5 76.0 63.7 73.2 64.4 70.4 63.1 62.6 13b Other 50.1 41.0 42.0 48.6 49.4 51.1 50.8 52.7 54.7 55.0 54.5 54.8 14 Cash assets (4) 143.0 172.3 170.8 165.0 164.9 162.3 143.3 140.9 128.9 147.8 132.0 136.2 15 Other assets (5) 189.2 190.6 188.2 188.0 185.4 196.2 201.6 199.1 194.3 197.6 195.6 198.4 16 TOTAL ASSETS (6) 2,448.4 2,580.0 2,604.1 2,609.3 2,641.4 2,654.7 2,627.4 2,638.3 2,614.1 2,645.6 2,610.3 2,624.1 ------------------------------------------------- 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) August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,513.2 1,581.8 1,568.8 1,571.4 1,595.1 1,602.3 1,574.2 1,584.2 1,570.2 1,583.9 1,549.8 1,550.7 18 Transaction 385.4 404.4 384.7 377.1 377.8 388.2 369.0 368.9 350.3 368.0 342.4 355.2 19 Nontransaction 1,127.8 1,177.4 1,184.1 1,194.3 1,217.3 1,214.1 1,205.3 1,215.3 1,220.0 1,215.9 1,207.4 1,195.5 20 Large time 182.9 209.8 212.7 214.7 222.4 214.9 212.7 213.5 209.4 207.0 209.1 207.0 21 Other 944.9 967.6 971.4 979.6 995.0 999.2 992.6 1,001.9 1,010.6 1,008.9 998.3 988.5 22 Borrowings 454.1 508.6 526.6 527.6 539.7 544.3 539.5 534.3 514.1 523.6 525.2 533.8 23 From banks in the U.S. 176.6 209.5 198.3 198.8 207.7 207.8 188.9 189.0 186.9 191.2 180.9 190.3 24 From others 277.5 299.1 328.2 328.8 332.0 336.5 350.6 345.3 327.2 332.4 344.3 343.5 25 Net due to related foreign offices 75.8 62.8 82.3 79.0 78.0 74.4 77.0 75.9 74.6 81.6 81.9 81.9 26 Other liabilities 153.8 155.5 169.1 170.4 166.6 168.8 171.0 178.1 185.4 186.8 182.5 186.6 27 TOTAL LIABILITIES 2,196.8 2,308.7 2,346.8 2,348.5 2,379.4 2,389.8 2,361.8 2,372.5 2,344.4 2,375.9 2,339.3 2,353.0 28 Residual (assets less liabilities) (7) 251.6 271.3 257.3 260.9 262.0 264.9 265.5 265.8 269.7 269.7 270.9 271.0 MEMO 29 Reval. gains on off-bal. sheet items (8) 38.5 41.0 49.9 47.0 47.2 43.9 45.6 50.5 51.6 52.1 51.8 50.3 30 Reval. losses on off-bal. sheet items (8) 40.2 43.9 52.6 49.2 49.6 45.3 46.3 50.1 51.2 52.3 50.3 48.5 31 Mortgage-backed securities (9) 209.5 230.1 238.8 242.5 247.6 241.0 241.8 233.8 236.2 235.7 237.0 236.0 31a Pass-through 143.7 157.7 162.9 165.2 169.7 165.1 164.5 156.7 156.4 156.2 157.2 157.2 31b CMO, REMIC, and other 65.7 72.4 75.8 77.3 77.9 75.9 77.3 77.1 79.8 79.5 79.9 78.7 32 Net unrealized gains (losses) on 0.5 2.1 3.0 3.3 2.9 3.0 2.8 3.2 3.7 3.4 3.6 3.4 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 33.4 34.2 35.5 36.2 35.2 35.5 36.0 36.1 35.5 35.7 34.9 34.9 ------------------------------------------------- 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 August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,357.0 1,435.5 1,438.8 1,444.1 1,450.0 1,454.9 1,463.3 1,472.0 1,480.8 1,480.7 1,486.0 1,489.3 2 Securities in bank credit 398.5 412.3 409.7 408.0 410.4 409.3 413.3 412.9 417.2 416.8 418.3 418.8 3 U.S. government securities 316.3 326.9 324.4 322.7 322.6 319.4 322.9 321.1 323.1 322.8 323.2 323.6 4 Other securities 82.2 85.5 85.2 85.4 87.8 89.9 90.4 91.8 94.0 94.0 95.1 95.3 5 Loans and leases in bank credit (2) 958.5 1,023.2 1,029.1 1,036.1 1,039.6 1,045.5 1,049.9 1,059.2 1,063.7 1,063.9 1,067.8 1,070.5 6 Commercial and industrial 173.4 184.4 186.1 187.6 187.8 189.4 191.7 193.3 194.1 194.6 195.0 195.9 7 Real estate 507.3 551.9 558.0 563.3 565.7 569.6 571.9 578.5 582.9 583.0 586.0 587.1 8 Revolving home equity 27.1 29.5 29.4 29.5 29.3 29.2 29.3 29.6 29.8 29.7 29.9 29.8 9 Other 480.3 522.5 528.7 533.8 536.4 540.4 542.6 548.9 553.1 553.3 556.1 557.3 10 Consumer 209.9 212.0 210.3 209.9 208.5 207.6 208.0 207.9 206.8 206.3 207.6 208.2 11 Security (3) 4.3 5.7 5.5 5.7 6.2 6.3 5.9 6.1 6.1 6.0 5.7 5.8 12 Other loans and leases 63.7 69.2 69.1 69.6 71.5 72.7 72.4 73.4 73.8 74.0 73.5 73.6 13 Interbank loans 48.6 55.5 55.9 56.9 64.5 65.4 65.6 67.7 66.8 70.8 66.6 69.3 14 Cash assets (4) 67.0 71.2 71.6 72.4 73.2 74.1 74.0 74.6 68.9 76.0 72.7 71.4 15 Other assets (5) 57.1 62.5 63.1 64.5 63.3 66.7 68.7 72.4 70.7 77.6 73.9 85.1 16 TOTAL ASSETS (6) 1,510.6 1,605.0 1,609.8 1,618.3 1,631.3 1,641.2 1,651.7 1,666.8 1,667.3 1,685.1 1,679.2 1,694.8 L I A B I L I T I E S 17 Deposits 1,202.5 1,279.7 1,285.5 1,291.7 1,299.0 1,306.1 1,313.5 1,326.2 1,321.0 1,334.2 1,327.6 1,333.0 18 Transaction 294.3 297.3 296.1 298.3 301.0 299.8 299.2 300.8 287.1 298.9 299.1 298.4 19 Nontransaction 908.2 982.5 989.4 993.4 998.0 1,006.3 1,014.3 1,025.3 1,033.9 1,035.3 1,028.5 1,034.5 20 Large time 155.0 167.3 170.2 172.4 172.9 174.2 175.8 175.7 173.4 173.6 173.7 173.8 21 Other 753.2 815.2 819.2 821.0 825.1 832.1 838.5 849.6 860.6 861.8 854.8 860.7 22 Borrowings 150.5 157.8 158.1 159.1 161.5 163.2 164.3 165.2 169.3 168.7 166.8 170.0 23 From banks in the U.S. 77.5 72.4 72.4 72.6 71.8 70.0 71.2 72.3 76.0 74.8 74.2 76.6 24 From others 73.0 85.3 85.7 86.5 89.7 93.2 93.1 92.9 93.3 93.9 92.6 93.4 25 Net due to related foreign offices 3.8 4.3 4.2 6.1 4.1 3.5 3.8 3.8 3.6 3.5 3.7 3.7 26 Other liabilities 25.9 29.1 28.5 29.0 30.1 30.6 31.0 31.1 30.8 32.2 32.4 33.4 27 TOTAL LIABILITIES 1,382.7 1,470.9 1,476.2 1,485.9 1,494.6 1,503.4 1,512.6 1,526.4 1,524.8 1,538.6 1,530.6 1,540.1 28 Residual (assets less liabilities) (7) 127.9 134.1 133.6 132.4 136.7 137.9 139.2 140.4 142.5 146.5 148.7 154.7 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 10 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,361.6 1,436.1 1,433.5 1,435.6 1,446.3 1,460.5 1,470.3 1,476.8 1,478.2 1,479.8 1,483.2 1,488.1 2 Securities in bank credit 401.7 410.4 408.1 405.9 411.8 414.9 417.5 416.0 416.2 415.9 416.5 417.2 3 U.S. government securities 319.1 325.3 323.0 320.6 323.8 324.5 326.2 323.7 322.2 321.7 321.5 321.9 4 Other securities 82.6 85.1 85.1 85.4 88.0 90.4 91.3 92.2 94.0 94.2 95.0 95.3 5 Loans and leases in bank credit (2) 959.9 1,025.7 1,025.5 1,029.6 1,034.5 1,045.7 1,052.8 1,060.8 1,062.0 1,063.9 1,066.7 1,070.9 6 Commercial and industrial 175.0 183.9 185.3 187.2 188.8 191.8 194.2 195.0 194.8 194.7 194.4 194.9 7 Real estate 507.9 552.8 555.0 559.5 563.4 569.2 573.6 579.2 582.1 583.4 585.9 587.8 8 Revolving home equity 27.0 29.4 29.2 29.4 29.2 29.3 29.4 29.5 29.6 29.6 29.7 29.7 9 Other 480.9 523.4 525.8 530.1 534.1 539.9 544.1 549.6 552.5 553.8 556.2 558.1 10 Consumer 208.2 214.4 212.0 209.8 206.5 206.6 206.8 206.3 204.1 204.4 206.0 207.4 11 Security (3) 4.3 5.7 5.5 5.7 6.2 6.3 5.9 6.1 6.1 6.0 5.7 5.8 12 Other loans and leases 64.4 69.0 67.6 67.4 69.7 71.8 72.4 74.3 74.8 75.3 74.8 75.0 13 Interbank loans 45.8 59.6 57.4 60.9 68.3 67.5 61.9 64.1 66.8 65.7 59.1 60.4 14 Cash assets (4) 66.0 74.8 72.8 72.3 71.5 73.5 74.0 73.7 71.4 74.9 69.5 69.8 15 Other assets (5) 56.3 62.0 61.1 64.2 63.2 67.1 67.8 71.6 73.9 78.2 74.2 87.6 16 TOTAL ASSETS (6) 1,510.5 1,612.9 1,605.3 1,613.3 1,629.6 1,648.7 1,654.0 1,666.2 1,670.4 1,678.6 1,665.8 1,685.6 L I A B I L I T I E S 17 Deposits 1,199.1 1,287.5 1,284.1 1,288.7 1,300.5 1,314.4 1,314.0 1,322.8 1,325.1 1,328.3 1,315.3 1,322.1 18 Transaction 292.6 307.9 298.4 294.9 297.9 303.4 297.1 299.2 292.1 295.8 290.4 292.0 19 Nontransaction 906.5 979.6 985.6 993.8 1,002.6 1,011.0 1,016.9 1,023.6 1,033.0 1,032.5 1,024.9 1,030.1 20 Large time 155.0 167.3 170.2 172.4 172.9 174.2 175.8 175.7 173.4 173.6 173.7 173.8 21 Other 751.5 812.4 815.4 821.4 829.7 836.8 841.1 847.9 859.6 859.0 851.2 856.3 22 Borrowings 151.0 158.5 159.0 157.3 158.2 161.3 164.7 165.6 168.0 168.1 167.3 171.3 23 From banks in the U.S. 78.1 72.6 72.8 71.8 70.7 69.7 71.8 72.8 75.5 74.7 74.6 77.3 24 From others 72.9 86.0 86.2 85.5 87.6 91.6 92.8 92.8 92.5 93.4 92.7 94.0 25 Net due to related foreign offices 3.8 4.3 4.2 6.1 4.1 3.5 3.8 3.8 3.6 3.5 3.7 3.7 26 Other liabilities 25.9 29.1 28.5 29.0 30.1 30.6 31.0 31.1 30.8 32.2 32.4 33.4 27 TOTAL LIABILITIES 1,379.8 1,479.4 1,475.7 1,481.1 1,493.0 1,509.8 1,513.4 1,523.4 1,527.6 1,532.1 1,518.8 1,530.6 28 Residual (assets less liabilities) (7) 130.7 133.5 129.5 132.2 136.6 138.9 140.5 142.8 142.9 146.6 147.0 155.0 MEMO 29 Mortgage-backed securities (9) 43.5 50.9 50.9 51.3 51.8 52.3 53.0 53.0 53.4 53.2 53.3 53.2 ------------------------------------------------- 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 August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 531.1 544.0 568.7 568.6 566.0 557.8 564.3 567.9 570.8 563.0 571.6 583.9 2 Securities in bank credit 166.8 187.2 193.1 192.9 197.3 191.6 194.1 195.7 196.4 189.2 192.1 203.5 3 U.S. government securities 83.2 76.5 81.5 84.1 87.8 88.2 88.3 86.8 91.7 83.5 83.8 95.7 4 Other securities 83.5 110.7 111.6 108.9 109.5 103.4 105.8 108.9 104.7 105.7 108.3 107.8 5 Loans and leases in bank credit (2) 364.4 356.8 375.6 375.7 368.7 366.2 370.2 372.2 374.4 373.7 379.5 380.4 6 Commercial and industrial 221.3 221.4 223.3 222.6 220.4 214.3 213.6 215.5 218.2 218.1 217.6 219.8 7 Real estate 29.9 25.9 26.5 25.9 24.6 23.7 23.1 22.9 22.5 23.4 23.2 23.2 11 Security (3) 45.5 43.8 54.8 54.8 49.0 51.7 58.1 58.6 56.3 56.9 63.5 61.2 12 Other loans and leases 67.7 65.8 71.0 72.4 74.7 76.5 75.4 75.2 77.4 75.3 75.1 76.2 13 Interbank loans 18.8 31.3 28.0 24.8 20.9 20.9 20.8 23.3 21.3 18.3 21.9 25.2 14 Cash assets (4) 35.0 33.5 32.9 32.6 34.1 35.3 34.5 35.1 34.7 35.4 33.9 34.7 15 Other assets (5) 41.7 42.3 40.4 42.2 42.7 42.8 41.8 40.5 39.2 39.6 39.5 40.4 16 TOTAL ASSETS (6) 626.4 650.9 669.7 668.0 663.4 656.6 661.3 666.5 665.8 656.1 666.8 684.0 L I A B I L I T I E S 17 Deposits 252.2 272.5 273.5 284.8 288.9 292.4 294.3 302.0 299.1 292.1 292.3 298.6 18 Transaction 10.5 9.8 10.2 10.1 10.6 11.1 10.6 10.7 17.0 11.7 11.8 11.6 19 Nontransaction 241.7 262.7 263.3 274.7 278.3 281.3 283.8 291.3 282.1 280.3 280.5 287.0 22 Borrowings 143.3 149.5 149.7 144.8 154.1 169.1 168.4 173.5 165.2 176.9 178.8 182.0 23 From banks in the U.S. 31.9 25.8 23.5 22.6 25.8 26.6 23.9 32.1 23.9 32.0 29.8 28.6 24 From others 111.4 123.7 126.2 122.2 128.3 142.5 144.5 141.4 141.3 144.9 149.0 153.4 25 Net due to related foreign offices 141.6 121.7 139.6 134.7 118.5 98.3 97.1 93.2 113.4 94.8 101.2 99.4 26 Other liabilities 91.5 95.5 96.2 97.4 94.0 90.2 93.5 94.7 94.4 95.2 96.0 102.5 27 TOTAL LIABILITIES 628.6 639.2 659.1 661.7 655.4 650.0 653.3 663.4 672.1 658.9 668.3 682.4 28 Residual (assets less liabilities) (7) -2.2 11.7 10.6 6.3 7.9 6.5 8.0 3.1 -6.4 -2.9 -1.6 1.6 ------------------------------------------------- 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 August 7, 1998 Account 1997 1997 1998 1998 1998 1998 1998 1998 Week ending Jun Dec Jan Feb Mar Apr May Jun Jul 8 Jul 15 Jul 22 Jul 29 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 533.4 543.1 565.5 568.1 565.6 557.6 565.9 570.9 572.9 565.6 574.8 587.8 2 Securities in bank credit 169.2 183.3 187.7 189.9 195.3 193.1 197.9 198.8 198.4 190.8 195.0 207.9 3 U.S. government securities 83.3 76.2 79.5 83.3 88.5 86.8 88.9 86.9 91.1 82.7 84.1 95.6 3a Trading account 16.4 13.7 14.6 14.1 17.6 18.3 20.4 18.2 23.5 17.7 20.1 32.7 3b Investment account 66.9 62.5 64.9 69.2 70.9 68.6 68.5 68.7 67.6 65.0 64.0 62.9 4 Other securities 85.8 107.2 108.2 106.6 106.8 106.2 109.0 111.9 107.3 108.1 110.9 112.3 4a Trading account 50.1 60.0 62.9 61.3 59.7 58.2 59.8 63.1 62.9 62.3 62.4 64.4 4b Investment account 35.8 47.1 45.3 45.3 47.1 48.1 49.2 48.9 44.4 45.8 48.4 47.9 5 Loans and leases in bank credit (2) 364.2 359.7 377.8 378.1 370.3 364.5 367.9 372.1 374.5 374.8 379.8 379.9 6 Commercial and industrial 221.3 222.2 224.1 223.7 221.0 214.4 213.0 215.4 217.8 218.1 217.7 219.2 7 Real estate 29.6 26.0 26.5 26.1 24.7 23.5 23.0 22.7 22.3 23.1 23.0 22.9 11 Security (3) 45.3 45.0 54.9 55.0 49.7 51.1 57.7 58.5 55.7 56.5 62.7 60.8 12 Other loans and leases 68.0 66.5 72.2 73.4 74.9 75.6 74.3 75.5 78.7 77.1 76.4 77.0 13 Interbank loans 18.8 31.3 28.0 24.8 20.9 20.9 20.8 23.3 21.3 18.3 21.9 25.2 14 Cash assets (4) 35.9 35.1 32.8 32.0 33.0 33.6 34.2 36.1 34.8 35.2 33.4 34.7 15 Other assets (5) 40.9 43.1 40.8 43.7 42.7 40.5 42.3 39.6 38.1 39.1 39.0 40.5 16 TOTAL ASSETS (6) 628.7 652.4 666.9 668.3 661.9 652.3 663.0 669.6 667.0 658.0 668.8 687.9 L I A B I L I T I E S 17 Deposits 253.7 275.6 271.6 282.5 290.1 290.7 297.1 303.8 294.9 290.3 290.6 298.9 18 Transaction 10.5 10.3 10.1 9.9 10.5 10.7 10.3 10.8 17.2 11.9 11.8 11.6 19 Nontransaction 243.2 265.3 261.4 272.6 279.6 280.0 286.8 293.0 277.7 278.4 278.8 287.2 22 Borrowings 143.3 149.5 149.7 144.8 154.1 169.1 168.4 173.5 165.2 176.9 178.8 182.0 23 From banks in the U.S. 31.9 25.8 23.5 22.6 25.8 26.6 23.9 32.1 23.9 32.0 29.8 28.6 24 From others 111.4 123.7 126.2 122.2 128.3 142.5 144.5 141.4 141.3 144.9 149.0 153.4 25 Net due to related foreign offices 140.3 126.5 144.5 136.0 117.6 96.9 98.0 92.4 108.7 91.1 97.9 97.9 26 Other liabilities 90.5 96.5 96.3 98.5 94.2 89.3 92.9 93.8 93.2 94.4 95.2 102.3 27 TOTAL LIABILITIES 627.8 648.2 662.0 661.9 656.1 646.1 656.4 663.6 662.1 652.8 662.6 681.1 28 Residual (assets less liabilities) (7) 1.0 4.2 4.9 6.4 5.9 6.2 6.5 6.0 4.8 5.2 6.3 6.8 MEMO 29 Reval. gains on off-bal. sheet items (8) 39.4 41.4 43.2 40.4 40.0 39.4 39.7 41.5 41.4 40.5 39.7 41.7 30 Reval. losses on off-bal. sheet items (8) 40.7 41.8 42.9 40.6 39.8 39.0 38.4 40.3 40.5 39.3 38.7 41.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 August 7, 1998 Note: This release and historical data are available on the Federal Reserve Board's web site: http://www.federalreserve.gov/ 1. Covers the following types of institutions in the fifty states and the District of Columbia: domestically chartered commercial banks that submit a weekly report of condition (large domestic); other domestically chartered commercial banks (small domestic); branches and agencies of foreign banks, and Edge Act and Agreement corporations (foreign-related institutions). Excludes International Banking Facilities. Data are Wednesday values or pro rata averages of Wednesday values. Large domestic banks constitute a universe; data for small domestic banks and foreign-related institutions are estimates based on weekly samples and on quarter-end condition reports. Data are adjusted for breaks caused by reclassifications of assets and liabilities. The data for large and small domestic banks presented on pages 5 to 10 are adjusted to remove the estimated effects of mergers between these two groups. The adjustment for mergers changes past levels to make them comparable with current levels. Estimated quantities of balance sheet items acquired in mergers are removed from past data for the bank group that contained the acquired bank and put into past data for the group containing the acquiring bank. Balance sheet data for acquired banks are obtained from call reports, and a ratio procedure is used to adjust past levels. 2. Excludes federal funds sold to, reverse RPs with, and loans made to commercial banks in the United States, all of which are included in line 13. 3. Consists of reverse RPs with brokers and dealers and loans to purchase and carry securities. 4. Includes vault cash, cash items in process of collection, balances due from depository institutions, and balances due from Federal Reserve Banks. 5. Excludes the due-from position with related foreign offices, which is included in line 25. 6. Excludes unearned income, reserves for losses on loans and leases, and reserves for transfer risk. Loans are reported gross of these items. 7. This balancing item is not intended as a measure of equity capital for use in capital adequacy analysis. On a seasonally adjusted basis this item reflects any differences in the seasonal patterns estimated for total assets and total liabilities. 8. Fair value of derivative contracts (interest rate, foreign exchange rate, other commodity and equity contracts) in a gain/loss position, as determined under FASB Interpretation No. 39. 9. Includes mortgage-backed securities issued by U.S. government agencies, U.S. government-sponsored enterprises, and private entities. 10. Difference between fair value and historical cost for securities classified as available-for-sale under FASB Statement No. 115. Data are reported net of tax effects. Data shown are restated to include an estimate of these tax effects. 11. Mainly commercial and industrial loans, but also includes an unknown amount of credit extended to other than nonfinancial businesses. NOTE: Large domestically chartered commercial banks acquired $700 million in assets and liabilities of thrift institutions in the week ending July 29, 1998. The major asset items affected were cash assets, $100 million; and real estate loans, other, $400 million. The major liability items affected were transaction deposits, $100 million; nontransaction deposits, other, $400 million; and residual (asset less liabilities), $100 million.