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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,961.5 4,150.9 4,182.2 4,222.8 4,219.9 4,246.5 4,256.0 4,274.0 4,262.7 4,272.8 4,295.6 4,302.1 2 Securities in bank credit 1,030.0 1,104.5 1,108.5 1,127.0 1,107.7 1,122.8 1,116.1 1,124.0 1,118.6 1,122.2 1,133.7 1,136.5 3 U.S. government securities 718.2 760.6 768.0 779.9 764.2 770.9 754.1 757.7 752.3 751.1 765.3 769.6 4 Other securities 311.7 343.9 340.5 347.1 343.5 351.9 362.1 366.3 366.4 371.0 368.4 366.9 5 Loans and leases in bank credit (2) 2,931.5 3,046.4 3,073.7 3,095.7 3,112.2 3,123.7 3,139.9 3,149.9 3,144.1 3,150.6 3,161.9 3,165.5 6 Commercial and industrial 820.1 863.6 871.3 873.2 871.2 880.0 890.2 895.8 896.0 894.0 900.4 898.0 7 Real estate 1,196.5 1,235.2 1,249.9 1,262.6 1,270.1 1,271.4 1,270.8 1,273.2 1,272.3 1,270.0 1,273.4 1,280.6 8 Revolving home equity 93.2 98.0 98.1 98.2 98.3 97.9 97.6 97.3 97.2 97.4 97.3 97.3 9 Other 1,103.3 1,137.2 1,151.8 1,164.4 1,171.8 1,173.5 1,173.2 1,175.9 1,175.1 1,172.7 1,176.1 1,183.3 10 Consumer 518.1 504.4 502.5 502.5 505.6 505.7 502.1 495.8 495.6 495.8 495.9 494.9 11 Security (3) 94.2 116.0 117.7 116.7 115.2 119.8 126.1 128.9 124.0 135.1 133.0 130.0 12 Other loans and leases 302.6 327.2 332.3 340.8 350.1 346.8 350.7 356.3 356.1 355.7 359.1 362.0 13 Interbank loans 184.9 201.3 199.8 216.5 212.7 201.4 216.5 212.1 215.0 209.2 214.4 213.6 14 Cash assets (4) 246.2 265.4 269.1 281.0 274.1 255.8 255.8 248.1 261.3 248.5 249.7 246.9 15 Other assets (5) 287.4 291.6 294.7 291.3 305.6 312.2 312.1 310.3 314.9 308.3 311.2 317.5 16 TOTAL ASSETS (6) 4,623.2 4,852.6 4,889.1 4,954.7 4,955.0 4,958.4 4,982.8 4,987.1 4,996.5 4,981.5 5,013.3 5,023.0 L I A B I L I T I E S 17 Deposits 3,005.2 3,118.3 3,155.4 3,195.1 3,208.3 3,201.7 3,218.8 3,191.2 3,207.8 3,182.9 3,187.7 3,214.1 18 Transaction 689.4 681.1 688.4 698.3 696.9 687.9 683.5 667.8 679.5 665.5 677.4 664.7 19 Nontransaction 2,315.8 2,437.2 2,467.0 2,496.7 2,511.3 2,513.9 2,535.3 2,523.4 2,528.4 2,517.3 2,510.4 2,549.5 20 Large time 597.2 645.1 659.6 676.4 673.7 674.0 683.5 664.8 660.8 663.7 665.2 675.0 21 Other 1,718.6 1,792.1 1,807.3 1,820.3 1,837.6 1,839.8 1,851.8 1,858.6 1,867.6 1,853.6 1,845.2 1,874.5 22 Borrowings 741.6 828.9 829.2 860.2 874.7 867.1 866.2 866.5 864.9 868.9 885.6 858.7 23 From banks in the U.S. 280.2 291.2 292.3 306.6 304.6 283.5 292.1 292.9 297.5 286.2 298.1 296.1 24 From others 461.5 537.7 536.9 553.6 570.1 583.6 574.2 573.6 567.4 582.7 587.5 562.6 25 Net due to related foreign offices 213.9 230.6 223.0 201.4 175.5 168.4 164.7 180.1 172.5 178.4 178.6 192.2 26 Other liabilities 283.4 293.8 296.8 290.7 289.6 295.6 303.9 314.9 314.1 310.2 323.3 320.6 27 TOTAL LIABILITIES 4,244.1 4,471.6 4,504.3 4,547.3 4,548.0 4,532.8 4,553.6 4,552.8 4,559.4 4,540.3 4,575.1 4,585.7 28 Residual (assets less liabilities) (7) 379.1 380.9 384.8 407.3 407.0 425.6 429.2 434.3 437.1 441.2 438.1 437.3 ------------------------------------------------- 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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,956.5 4,158.1 4,179.5 4,213.2 4,224.5 4,241.3 4,257.4 4,268.3 4,257.4 4,260.1 4,284.5 4,301.8 2 Securities in bank credit 1,025.6 1,104.9 1,111.9 1,128.4 1,118.4 1,127.4 1,119.0 1,118.5 1,112.2 1,113.1 1,126.4 1,133.9 3 U.S. government securities 715.1 757.3 766.9 783.2 772.5 775.5 756.5 753.8 748.2 746.6 759.9 765.7 4 Other securities 310.5 347.7 345.0 345.1 345.8 351.9 362.5 364.7 364.0 366.5 366.4 368.2 5 Loans and leases in bank credit (2) 2,930.9 3,053.2 3,067.6 3,084.9 3,106.1 3,113.9 3,138.4 3,149.8 3,145.2 3,147.1 3,158.2 3,167.9 6 Commercial and industrial 819.8 861.3 871.2 876.7 878.7 885.5 892.9 895.4 895.8 893.1 897.0 896.2 7 Real estate 1,198.2 1,235.3 1,244.6 1,256.1 1,263.6 1,265.1 1,268.3 1,275.3 1,275.2 1,271.6 1,275.8 1,283.8 8 Revolving home equity 93.2 98.2 97.7 97.2 97.4 97.5 97.3 97.4 97.4 97.4 97.4 97.3 9 Other 1,105.0 1,137.1 1,146.9 1,158.9 1,166.2 1,167.5 1,171.0 1,178.0 1,177.8 1,174.2 1,178.4 1,186.5 10 Consumer 515.8 511.1 502.0 496.0 500.7 500.4 499.3 493.8 493.0 494.0 495.5 494.4 11 Security (3) 92.5 116.2 119.2 117.6 116.7 119.5 126.1 126.8 122.6 132.1 131.1 128.7 12 Other loans and leases 304.5 329.3 330.7 338.5 346.4 343.5 351.7 358.4 358.6 356.3 358.9 364.8 13 Interbank loans 180.2 208.1 202.8 216.0 215.4 197.0 213.3 206.0 209.4 198.6 202.9 210.7 14 Cash assets (4) 241.9 276.4 269.3 269.4 269.4 251.4 250.6 243.7 257.9 234.9 243.1 242.0 15 Other assets (5) 288.2 290.1 295.8 291.2 303.7 311.7 310.4 311.6 315.0 308.0 313.4 322.2 16 TOTAL ASSETS (6) 4,610.1 4,876.4 4,890.9 4,933.0 4,955.9 4,944.1 4,974.2 4,972.1 4,982.2 4,944.3 4,986.5 5,019.3 L I A B I L I T I E S 17 Deposits 2,997.7 3,124.5 3,142.6 3,185.8 3,207.7 3,185.2 3,210.8 3,183.7 3,202.5 3,155.7 3,167.3 3,220.1 18 Transaction 684.4 693.1 681.7 686.0 702.1 676.0 678.5 663.0 675.2 644.2 664.8 666.2 19 Nontransaction 2,313.3 2,431.3 2,460.9 2,499.8 2,505.6 2,509.2 2,532.3 2,520.8 2,527.4 2,511.5 2,502.5 2,554.0 20 Large time 593.9 643.4 658.5 673.9 668.1 674.3 681.2 661.5 658.0 660.6 664.2 672.9 21 Other 1,719.3 1,788.0 1,802.4 1,826.0 1,837.5 1,834.9 1,851.1 1,859.3 1,869.3 1,850.9 1,838.3 1,881.1 22 Borrowings 744.4 835.3 829.8 852.1 874.6 872.5 873.6 868.3 868.7 871.5 886.5 853.1 23 From banks in the U.S. 280.3 294.7 293.2 304.2 303.9 284.6 294.0 292.3 297.9 285.4 296.3 292.5 24 From others 464.1 540.6 536.5 547.9 570.7 587.9 579.6 576.1 570.8 586.1 590.1 560.6 25 Net due to related foreign offices 213.2 231.0 221.1 199.7 174.8 178.8 172.2 183.5 176.2 183.5 186.6 186.7 26 Other liabilities 282.6 293.8 298.0 290.9 288.7 295.0 303.0 314.2 313.4 309.3 323.1 320.1 27 TOTAL LIABILITIES 4,238.0 4,484.6 4,491.5 4,528.5 4,545.8 4,531.6 4,559.6 4,549.7 4,560.9 4,520.1 4,563.4 4,580.0 28 Residual (assets less liabilities) (7) 372.1 391.8 399.5 404.5 410.1 412.5 414.6 422.4 421.4 424.2 423.1 439.3 MEMO 29 Reval. gains on off-bal. sheet items (8) 89.5 93.2 87.5 87.2 83.3 85.3 92.1 92.2 92.6 91.5 92.1 89.9 30 Reval. losses on off-bal. sheet items (8) 92.0 95.6 89.8 89.3 84.4 84.8 90.4 90.6 91.6 89.0 89.5 91.1 ------------------------------------------------- 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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,424.7 3,582.2 3,613.5 3,656.8 3,662.1 3,682.2 3,688.1 3,699.8 3,699.8 3,701.2 3,710.0 3,708.5 2 Securities in bank credit 854.3 911.4 915.5 929.7 916.1 928.7 920.4 927.3 929.4 930.1 929.6 923.7 3 U.S. government securities 635.1 679.1 684.0 692.1 675.9 682.6 667.3 667.9 668.8 667.3 669.3 668.9 4 Other securities 219.3 232.3 231.6 237.6 240.1 246.1 253.1 259.3 260.6 262.8 260.3 254.9 5 Loans and leases in bank credit (2) 2,570.4 2,670.9 2,698.0 2,727.1 2,746.0 2,753.5 2,767.7 2,772.5 2,770.4 2,771.1 2,780.4 2,784.8 6 Commercial and industrial 598.9 640.4 648.7 652.8 656.9 666.4 674.7 677.3 677.9 676.3 679.9 680.1 7 Real estate 1,167.6 1,208.7 1,224.0 1,238.0 1,246.4 1,248.3 1,247.9 1,250.1 1,249.0 1,246.8 1,250.1 1,257.1 8 Revolving home equity 93.2 98.0 98.1 98.2 98.3 97.9 97.6 97.3 97.2 97.4 97.3 97.3 9 Other 1,074.4 1,110.7 1,125.9 1,139.8 1,148.1 1,150.4 1,150.3 1,152.8 1,151.7 1,149.5 1,152.8 1,159.8 10 Consumer 518.1 504.4 502.5 502.5 505.6 505.7 502.1 495.8 495.6 495.8 495.9 494.9 11 Security (3) 49.6 61.2 62.9 67.8 63.5 61.7 67.5 69.2 67.1 71.6 71.6 67.3 12 Other loans and leases 236.2 256.2 259.9 266.1 273.5 271.4 275.5 280.1 280.8 280.6 282.8 285.3 13 Interbank loans 166.1 173.2 175.0 195.6 191.8 180.6 193.2 190.5 196.7 187.2 189.1 194.3 14 Cash assets (4) 212.4 232.5 236.5 246.9 238.8 221.3 220.6 213.4 225.8 214.6 214.9 213.3 15 Other assets (5) 243.5 251.3 252.5 248.7 262.8 270.4 271.6 270.5 275.2 268.8 270.7 277.2 16 TOTAL ASSETS (6) 3,990.3 4,182.9 4,221.1 4,291.3 4,298.4 4,297.2 4,316.3 4,317.1 4,340.4 4,314.7 4,327.3 4,336.4 L I A B I L I T I E S 17 Deposits 2,741.9 2,844.8 2,870.6 2,906.1 2,915.9 2,907.4 2,916.7 2,895.7 2,915.8 2,890.5 2,891.0 2,912.9 18 Transaction 678.8 670.9 678.3 687.7 685.9 677.3 672.7 654.9 667.8 653.8 665.9 653.4 19 Nontransaction 2,063.1 2,173.9 2,192.3 2,218.4 2,230.0 2,230.1 2,244.0 2,240.8 2,248.0 2,236.8 2,225.1 2,259.5 20 Large time 346.9 383.6 386.8 399.8 393.3 390.3 391.6 382.9 381.6 383.8 380.4 384.9 21 Other 1,716.2 1,790.4 1,805.6 1,818.6 1,836.7 1,839.9 1,852.5 1,857.9 1,866.5 1,853.0 1,844.8 1,874.6 22 Borrowings 597.6 679.1 684.3 706.1 705.6 698.7 692.7 690.4 688.0 690.0 704.7 678.6 23 From banks in the U.S. 248.3 267.7 269.6 280.8 278.1 259.7 260.0 264.2 265.5 256.3 269.7 271.0 24 From others 349.3 411.5 414.7 425.3 427.5 439.0 432.8 426.2 422.5 433.7 435.0 407.6 25 Net due to related foreign offices 80.3 91.0 88.3 82.9 77.2 71.4 71.5 76.2 77.7 77.3 73.7 78.6 26 Other liabilities 184.2 197.6 199.5 196.7 199.4 202.1 209.2 217.4 219.0 214.1 220.8 217.2 27 TOTAL LIABILITIES 3,604.1 3,812.6 3,842.6 3,891.9 3,898.0 3,879.6 3,890.2 3,879.7 3,900.5 3,871.9 3,890.1 3,887.3 28 Residual (assets less liabilities) (7) 386.2 370.3 378.5 399.4 400.4 417.6 426.1 437.4 440.0 442.8 437.2 449.1 ------------------------------------------------- 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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,417.1 3,592.6 3,611.5 3,647.6 3,666.9 3,675.5 3,686.4 3,691.0 3,691.8 3,685.3 3,695.0 3,703.6 2 Securities in bank credit 847.4 917.2 922.0 933.0 925.3 929.5 920.2 918.9 921.4 918.1 917.8 916.4 3 U.S. government securities 632.1 677.8 683.6 694.7 685.7 686.6 669.6 664.4 665.5 662.5 664.0 665.4 4 Other securities 215.2 239.4 238.4 238.4 239.6 242.9 250.6 254.6 255.9 255.6 253.8 251.1 5 Loans and leases in bank credit (2) 2,569.8 2,675.4 2,689.5 2,714.5 2,741.6 2,746.0 2,766.3 2,772.1 2,770.4 2,767.2 2,777.2 2,787.1 6 Commercial and industrial 598.8 637.2 647.5 655.6 664.4 672.5 677.5 677.2 677.7 675.4 677.2 679.0 7 Real estate 1,169.6 1,208.8 1,218.5 1,231.4 1,240.2 1,242.1 1,245.6 1,252.4 1,252.0 1,248.5 1,252.8 1,260.5 8 Revolving home equity 93.2 98.2 97.7 97.2 97.4 97.5 97.3 97.4 97.4 97.4 97.4 97.3 9 Other 1,076.4 1,110.5 1,120.8 1,134.2 1,142.8 1,144.5 1,148.3 1,155.1 1,154.7 1,151.1 1,155.4 1,163.2 10 Consumer 515.8 511.1 502.0 496.0 500.7 500.4 499.3 493.8 493.0 494.0 495.5 494.4 11 Security (3) 48.5 61.3 64.2 67.9 65.6 61.8 67.6 67.7 66.1 69.4 70.1 66.1 12 Other loans and leases 237.1 257.0 257.3 263.6 270.8 269.3 276.2 281.0 281.6 280.0 281.6 287.2 13 Interbank loans 161.4 180.1 178.0 195.2 194.6 176.2 190.0 184.4 191.1 176.7 177.6 191.5 14 Cash assets (4) 208.2 243.5 237.2 236.4 235.8 217.2 214.6 209.1 222.7 201.5 208.4 208.3 15 Other assets (5) 244.9 249.3 252.2 248.6 263.2 269.4 270.8 272.3 275.9 269.0 272.8 280.9 16 TOTAL ASSETS (6) 3,975.1 4,209.4 4,222.6 4,271.1 4,303.6 4,281.2 4,304.5 4,299.5 4,324.3 4,275.5 4,296.6 4,327.0 L I A B I L I T I E S 17 Deposits 2,736.4 2,852.9 2,860.0 2,895.7 2,917.0 2,888.1 2,907.0 2,890.0 2,912.2 2,865.0 2,870.3 2,920.8 18 Transaction 673.8 683.0 671.8 675.5 691.4 665.7 667.7 649.9 663.3 632.3 653.2 655.0 19 Nontransaction 2,062.6 2,169.9 2,188.3 2,220.2 2,225.6 2,222.4 2,239.3 2,240.1 2,248.9 2,232.7 2,217.0 2,265.8 20 Large time 345.8 382.9 387.1 395.2 389.1 388.5 389.2 381.8 380.6 382.8 379.7 385.7 21 Other 1,716.8 1,787.0 1,801.2 1,825.0 1,836.5 1,833.9 1,850.1 1,858.3 1,868.4 1,849.9 1,837.4 1,880.1 22 Borrowings 600.4 685.6 684.9 697.9 705.5 704.2 700.0 692.2 691.8 692.7 705.6 673.0 23 From banks in the U.S. 248.5 271.2 270.6 278.3 277.4 260.8 261.9 263.5 265.9 255.6 267.9 267.4 24 From others 351.9 414.4 414.3 419.6 428.1 443.4 438.1 428.7 425.9 437.1 437.6 405.6 25 Net due to related foreign offices 83.6 86.5 85.1 82.1 77.9 80.8 79.7 83.1 85.1 85.6 83.1 83.3 26 Other liabilities 184.2 197.6 199.5 196.7 199.4 202.1 209.2 217.4 219.0 214.1 220.8 217.2 27 TOTAL LIABILITIES 3,604.6 3,822.6 3,829.6 3,872.4 3,899.8 3,875.2 3,896.0 3,882.8 3,908.0 3,857.5 3,879.7 3,894.3 28 Residual (assets less liabilities) (7) 370.5 386.8 393.0 398.7 403.8 406.0 408.6 416.8 416.2 418.0 416.9 432.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 44.3 49.9 47.0 47.2 43.9 45.6 50.5 51.2 52.1 51.8 50.3 47.5 30 Reval. losses on off-bal. sheet items (8) 45.9 52.7 49.2 49.6 45.3 46.3 50.1 50.6 52.3 50.3 48.5 49.8 31 Mortgage-backed securities (9) 254.9 289.7 293.8 299.5 293.4 294.9 286.9 289.7 288.9 290.4 289.1 293.0 ------------------------------------------------- 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 August 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,051.4 2,145.1 2,171.1 2,208.4 2,208.4 2,220.5 2,217.7 2,217.3 2,220.7 2,216.7 2,224.7 2,216.3 2 Securities in bank credit 453.8 501.9 507.7 519.5 506.6 515.5 507.8 509.8 512.8 512.0 511.6 504.0 3 U.S. government securities 318.0 354.9 361.5 369.6 356.4 359.8 346.4 345.1 346.2 344.3 346.4 345.9 3a Trading account 23.3 29.1 28.0 27.5 23.7 24.5 24.6 21.7 22.3 21.2 21.7 20.3 3b Investment account 294.8 325.8 333.6 342.2 332.6 335.3 321.8 323.4 323.9 323.1 324.7 325.6 4 Other securities 135.8 147.0 146.2 149.8 150.3 155.7 161.3 164.7 166.6 167.7 165.1 158.2 4a Trading account 68.4 69.6 67.5 70.9 69.4 74.4 78.3 79.8 81.2 82.5 80.7 74.3 4b Investment account 67.4 77.4 78.7 78.9 80.9 81.3 83.1 84.9 85.3 85.3 84.5 83.9 4c State and local government 22.1 22.5 22.7 22.8 23.0 22.8 22.2 22.4 22.3 22.5 22.4 22.6 4d Other 45.3 54.9 56.0 56.2 57.9 58.5 60.9 62.5 63.1 62.8 62.0 61.3 5 Loans and leases in bank credit (2) 1,597.5 1,643.2 1,663.3 1,688.9 1,701.8 1,705.0 1,710.0 1,707.5 1,707.9 1,704.7 1,713.2 1,712.3 6 Commercial and industrial 423.7 455.1 461.9 465.8 468.6 475.7 482.3 483.2 484.0 482.1 485.0 484.8 6a Bankers acceptances 1.6 1.2 1.2 1.3 1.2 1.3 1.2 1.3 1.3 1.3 1.3 1.3 6b Other 422.1 453.9 460.7 464.6 467.4 474.5 481.1 481.9 482.7 480.8 483.8 483.6 7 Real estate 649.2 650.9 661.0 672.4 676.6 676.3 669.4 665.4 665.9 660.7 663.9 668.7 8 Revolving home equity 65.6 68.6 68.6 68.9 69.2 68.6 68.0 67.5 67.5 67.4 67.5 67.4 9 Other 583.6 582.3 592.4 603.6 607.5 607.7 601.4 597.9 598.4 593.3 596.4 601.3 10 Consumer 307.3 294.4 292.9 294.4 298.5 298.1 294.8 289.3 290.0 288.8 289.0 288.4 11 Security (3) 45.3 55.6 57.1 61.6 57.2 55.9 61.4 63.3 61.1 65.9 65.9 60.9 11a Fed funds and RPs with broker/dealer 28.6 39.4 41.2 43.7 39.7 37.6 42.9 44.8 42.4 47.3 47.0 42.6 11b Other 16.7 16.2 16.0 17.8 17.5 18.3 18.5 18.5 18.7 18.6 18.9 18.3 12a State and local government 11.3 11.4 11.4 11.1 11.2 11.3 11.2 11.1 11.2 11.1 11.1 11.1 12b Agricultural 9.1 9.5 9.5 9.6 9.6 9.7 9.6 9.5 9.5 9.6 9.7 9.6 12c Fed funds and RPs with others 7.9 7.7 6.1 7.1 7.2 5.6 5.6 8.7 9.3 8.4 9.0 8.6 12d All other loans 68.0 74.3 78.1 79.5 82.5 80.0 82.2 82.3 82.6 83.1 84.2 84.0 12e Lease financing receivables 75.8 84.2 85.3 87.3 90.3 92.5 93.4 94.7 94.3 94.9 95.4 96.2 13 Interbank loans 116.3 117.5 118.3 131.3 126.6 115.2 125.6 121.9 126.1 120.7 120.1 122.2 13a Fed funds and RPs with banks 72.2 76.9 69.5 81.0 75.0 64.2 73.1 66.9 70.8 66.1 64.5 67.9 13b Other 44.1 40.6 48.8 50.3 51.5 51.1 52.5 55.0 55.3 54.6 55.5 54.4 14 Cash assets (4) 145.5 161.1 164.4 173.9 164.9 147.5 146.2 140.6 150.1 142.1 141.2 140.0 15 Other assets (5) 182.6 188.4 188.3 185.6 196.5 201.9 199.4 196.5 197.9 195.1 198.1 194.7 16 TOTAL ASSETS (6) 2,458.5 2,575.3 2,605.0 2,662.2 2,659.0 2,647.7 2,651.7 2,639.2 2,657.5 2,637.6 2,647.0 2,636.5 ------------------------------------------------- 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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,511.2 1,560.8 1,580.3 1,608.6 1,611.0 1,595.4 1,592.0 1,568.4 1,583.0 1,564.3 1,561.9 1,584.5 18 Transaction 382.8 375.5 380.6 387.4 386.6 378.7 372.5 357.8 369.5 355.2 362.0 355.7 19 Nontransaction 1,128.4 1,185.3 1,199.7 1,221.2 1,224.4 1,216.7 1,219.5 1,210.6 1,213.5 1,209.1 1,199.9 1,228.8 20 Large time 188.6 213.7 214.7 227.3 219.4 214.8 216.2 210.0 208.3 210.5 207.9 212.2 21 Other 939.8 971.6 985.0 994.0 1,005.0 1,001.9 1,003.3 1,000.6 1,005.2 998.6 992.0 1,016.6 22 Borrowings 444.8 521.5 525.6 545.0 543.0 534.9 527.8 522.0 519.6 523.5 534.9 509.8 23 From banks in the U.S. 172.4 195.5 197.2 209.1 208.3 188.7 187.8 188.8 190.8 182.3 193.2 193.0 24 From others 272.3 326.0 328.4 335.9 334.6 346.2 340.1 333.2 328.8 341.3 341.7 316.8 25 Net due to related foreign offices 75.4 86.8 82.2 78.8 73.7 67.6 67.7 72.5 74.3 73.5 70.0 74.8 26 Other liabilities 158.6 169.4 170.7 166.8 169.0 171.3 178.4 185.6 187.0 182.0 188.7 182.4 27 TOTAL LIABILITIES 2,190.0 2,338.5 2,358.8 2,399.3 2,396.7 2,369.2 2,365.9 2,348.6 2,363.9 2,343.3 2,355.5 2,351.5 28 Residual (assets less liabilities) (7) 268.5 236.9 246.2 262.9 262.4 278.5 285.8 290.6 293.6 294.3 291.5 285.0 ------------------------------------------------- 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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,045.7 2,160.7 2,177.6 2,202.8 2,207.5 2,206.7 2,211.3 2,210.4 2,213.7 2,203.8 2,211.0 2,213.9 2 Securities in bank credit 448.1 509.3 516.3 521.4 510.3 512.1 504.4 502.7 505.7 501.8 501.4 498.5 3 U.S. government securities 316.4 355.0 363.3 371.0 361.0 360.6 346.1 342.8 344.0 341.2 342.7 344.0 3a Trading account 22.6 28.2 28.4 28.3 23.9 23.7 23.7 21.1 21.6 20.5 21.2 21.0 3b Investment account 293.8 326.8 334.9 342.7 337.2 336.9 322.4 321.7 322.4 320.7 321.6 323.0 3c Mortgage-backed 192.1 220.5 223.1 227.7 221.3 221.0 212.6 214.0 213.1 214.1 214.3 217.7 3d Other 101.7 106.3 111.8 115.0 115.9 115.8 109.8 107.7 109.3 106.6 107.3 105.3 3e 1 year or less 27.4 27.2 29.2 30.0 31.2 29.7 29.8 28.6 29.7 27.7 28.2 27.4 3f Between 1 and 5 years 52.8 52.4 51.5 51.4 50.8 49.4 46.2 49.1 49.3 48.6 49.4 48.0 3g More than 5 years 21.5 26.7 31.0 33.6 34.0 36.8 33.8 30.0 30.2 30.2 29.7 29.8 4 Other securities 131.7 154.3 153.0 150.3 149.2 151.5 158.3 159.9 161.7 160.6 158.7 154.6 4a Trading account 64.9 76.3 74.2 71.4 69.0 70.9 75.5 75.7 76.9 76.1 75.0 70.9 4b Investment account 66.9 78.0 78.8 79.0 80.2 80.6 82.9 84.3 84.8 84.5 83.7 83.6 4c State and local government 21.9 22.5 22.7 22.7 22.9 22.7 22.4 22.3 22.1 22.4 22.5 22.5 4d Other 44.9 55.6 56.1 56.3 57.3 57.9 60.5 62.0 62.7 62.1 61.2 61.1 5 Loans and leases in bank credit (2) 1,597.6 1,651.3 1,661.3 1,681.4 1,697.2 1,694.6 1,706.9 1,707.6 1,708.0 1,702.0 1,709.6 1,715.4 6 Commercial and industrial 423.8 452.7 461.1 467.7 473.7 479.3 483.4 483.2 483.7 481.8 483.3 484.8 6a Bankers acceptances 1.5 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.2 1.2 6b Other 422.3 451.5 459.9 466.5 472.5 478.1 482.2 482.0 482.5 480.6 482.1 483.6 7 Real estate 651.1 654.0 659.2 668.2 670.7 668.5 666.5 667.7 668.6 662.5 665.9 672.5 8 Revolving home equity 65.8 69.0 68.2 67.9 68.1 68.1 67.8 67.7 67.7 67.6 67.7 67.6 9a Other residential 361.9 358.8 363.7 373.0 374.1 371.5 371.1 372.4 372.8 367.7 370.3 377.1 9b Commercial 223.5 226.2 227.3 227.2 228.5 228.8 227.6 227.6 228.1 227.2 227.8 227.9 10 Consumer 306.9 299.4 292.6 289.8 294.5 294.1 293.6 289.1 289.3 288.7 289.3 288.6 11 Security (3) 44.2 55.7 58.5 61.7 59.3 55.9 61.6 61.7 60.1 63.7 64.4 59.7 11a Fed funds and RPs with broker/dealer 28.0 39.5 42.4 43.9 41.6 37.5 42.6 43.7 42.0 46.2 45.7 42.3 11b Other 16.2 16.2 16.0 17.8 17.7 18.4 19.0 18.0 18.1 17.5 18.7 17.3 12a State and local government 11.2 11.3 11.4 11.2 11.1 11.2 11.2 11.1 11.1 11.1 11.1 11.1 12b Agricultural 9.4 9.4 9.1 9.2 9.3 9.5 9.7 9.9 9.9 10.0 10.0 10.0 12c Fed funds and RPs with others 7.9 7.7 6.1 7.1 7.2 5.6 5.6 8.7 9.3 8.4 9.0 8.6 12d All other loans 67.8 75.0 76.7 78.6 81.5 78.8 82.4 82.0 82.0 81.5 82.0 84.9 12e Lease financing receivables 75.4 86.0 86.6 87.9 90.1 91.8 93.0 94.2 94.0 94.3 94.6 95.3 13 Interbank loans 115.5 122.9 117.3 127.0 127.3 114.6 126.1 120.9 125.5 117.7 117.5 120.0 13a Fed funds and RPs with banks 71.5 80.9 68.6 77.7 76.2 63.8 73.4 66.2 70.5 63.3 62.7 66.1 13b Other 44.0 42.0 48.6 49.4 51.1 50.8 52.7 54.7 55.0 54.5 54.8 53.8 14 Cash assets (4) 142.0 171.0 165.2 165.1 162.6 143.5 141.1 137.0 148.0 132.3 136.4 135.8 15 Other assets (5) 182.6 188.4 188.3 185.6 196.5 201.9 199.4 196.5 197.9 195.1 198.1 194.7 16 TOTAL ASSETS (6) 2,448.4 2,606.4 2,611.6 2,643.7 2,656.8 2,629.5 2,640.6 2,627.6 2,647.8 2,611.8 2,626.0 2,627.3 ------------------------------------------------- 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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,510.9 1,570.3 1,572.8 1,596.5 1,603.8 1,575.7 1,585.6 1,568.4 1,585.3 1,551.1 1,552.1 1,592.0 18 Transaction 380.5 385.2 377.5 378.1 388.6 369.3 369.1 355.6 368.1 342.5 355.8 355.9 19 Nontransaction 1,130.4 1,185.0 1,195.3 1,218.4 1,215.2 1,206.4 1,216.5 1,212.8 1,217.2 1,208.6 1,196.3 1,236.1 20 Large time 187.5 213.0 215.0 222.7 215.2 213.0 213.8 208.8 207.3 209.5 207.2 213.0 21 Other 942.9 972.1 980.3 995.7 1,000.0 993.4 1,002.7 1,003.9 1,009.9 999.2 989.0 1,023.1 22 Borrowings 447.7 527.0 528.1 540.1 544.8 540.0 534.7 523.8 524.0 525.7 534.4 504.8 23 From banks in the U.S. 172.5 198.5 198.9 207.8 208.0 189.1 189.2 188.0 191.3 181.1 190.7 189.4 24 From others 275.1 328.5 329.1 332.3 336.8 350.9 345.6 335.9 332.7 344.6 343.8 315.3 25 Net due to related foreign offices 78.7 82.3 79.0 78.0 74.4 77.0 75.9 79.5 81.6 81.9 79.5 79.5 26 Other liabilities 158.6 169.4 170.7 166.8 169.0 171.3 178.4 185.6 187.0 182.0 188.7 182.4 27 TOTAL LIABILITIES 2,195.9 2,349.0 2,350.6 2,381.5 2,392.0 2,364.0 2,374.6 2,357.3 2,378.0 2,340.7 2,354.7 2,358.7 28 Residual (assets less liabilities) (7) 252.5 257.5 261.0 262.2 264.8 265.5 266.0 270.3 269.8 271.1 271.3 268.7 MEMO 29 Reval. gains on off-bal. sheet items (8) 44.3 49.9 47.0 47.2 43.9 45.6 50.5 51.2 52.1 51.8 50.3 47.5 30 Reval. losses on off-bal. sheet items (8) 45.9 52.7 49.2 49.6 45.3 46.3 50.1 50.6 52.3 50.3 48.5 49.8 31 Mortgage-backed securities (9) 210.1 238.8 242.6 247.7 241.1 241.9 233.9 236.4 235.7 237.1 236.0 239.3 31a Pass-through 144.6 163.0 165.2 169.8 165.2 164.6 156.7 156.8 156.2 157.2 157.3 157.8 31b CMO, REMIC, and other 65.5 75.8 77.3 77.9 75.9 77.3 77.2 79.6 79.5 79.9 78.7 81.6 32 Net unrealized gains (losses) on 1.3 3.0 3.3 2.9 3.0 2.8 3.2 3.5 3.4 3.6 3.4 2.9 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 33.7 35.5 36.2 35.2 35.5 36.0 36.1 35.3 35.7 34.9 35.2 35.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 9 ASSETS AND LIABILITIES OF SMALL DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars August 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,373.4 1,437.1 1,442.5 1,448.4 1,453.7 1,461.7 1,470.4 1,482.5 1,479.1 1,484.4 1,485.3 1,492.2 2 Securities in bank credit 400.5 409.4 407.8 410.2 409.5 413.2 412.6 417.5 416.6 418.1 418.0 419.7 3 U.S. government securities 317.0 324.2 322.4 322.5 319.6 322.8 320.8 322.9 322.6 323.1 322.9 323.0 4 Other securities 83.5 85.2 85.4 87.8 89.9 90.4 91.8 94.6 94.0 95.0 95.1 96.7 5 Loans and leases in bank credit (2) 972.9 1,027.7 1,034.7 1,038.2 1,044.2 1,048.5 1,057.7 1,065.0 1,062.5 1,066.3 1,067.2 1,072.5 6 Commercial and industrial 175.2 185.3 186.8 186.9 188.3 190.7 192.4 194.1 193.8 194.2 194.9 195.3 7 Real estate 518.4 557.8 563.0 565.6 569.8 572.0 578.5 584.7 583.0 586.1 586.2 588.4 8 Revolving home equity 27.6 29.4 29.5 29.3 29.1 29.3 29.6 29.8 29.7 29.9 29.8 29.9 9 Other 490.8 528.4 533.6 536.2 540.7 542.7 548.9 554.9 553.3 556.2 556.4 558.4 10 Consumer 210.8 210.0 209.5 208.1 207.2 207.6 207.3 206.4 205.6 207.0 206.9 206.6 11 Security (3) 4.3 5.5 5.7 6.2 6.3 5.9 6.0 5.9 6.0 5.7 5.7 6.4 12 Other loans and leases 64.2 69.1 69.6 71.4 72.7 72.4 73.4 73.8 73.9 73.4 73.4 75.8 13 Interbank loans 49.8 55.7 56.8 64.3 65.2 65.3 67.5 68.5 70.6 66.5 69.0 72.1 14 Cash assets (4) 66.9 71.4 72.2 73.0 73.9 73.8 74.4 72.8 75.7 72.5 73.6 73.4 15 Other assets (5) 60.9 62.9 64.3 63.0 66.4 68.5 72.2 74.0 77.4 73.7 72.5 82.5 16 TOTAL ASSETS (6) 1,531.7 1,607.6 1,616.1 1,629.1 1,639.4 1,649.4 1,664.5 1,677.8 1,682.9 1,677.1 1,680.3 1,699.9 L I A B I L I T I E S 17 Deposits 1,230.7 1,284.1 1,290.2 1,297.6 1,304.9 1,312.0 1,324.7 1,327.3 1,332.8 1,326.2 1,329.1 1,328.4 18 Transaction 296.1 295.4 297.6 300.4 299.2 298.5 300.2 297.1 298.3 298.5 303.9 297.7 19 Nontransaction 934.7 988.6 992.6 997.2 1,005.6 1,013.4 1,024.6 1,030.2 1,034.5 1,027.7 1,025.2 1,030.7 20 Large time 158.3 169.9 172.1 172.5 173.9 175.5 175.4 173.0 173.2 173.3 172.5 172.7 21 Other 776.4 818.7 820.5 824.7 831.7 838.0 849.2 857.3 861.3 854.4 852.7 857.9 22 Borrowings 152.8 157.6 158.7 161.0 162.6 163.8 164.9 168.3 168.3 166.5 169.8 168.8 23 From banks in the U.S. 75.9 72.2 72.4 71.6 69.7 71.0 72.2 75.4 74.6 74.1 76.5 78.0 24 From others 77.0 85.4 86.2 89.4 92.9 92.8 92.7 93.0 93.7 92.4 93.3 90.8 25 Net due to related foreign offices 4.9 4.2 6.1 4.1 3.5 3.8 3.8 3.6 3.5 3.7 3.6 3.8 26 Other liabilities 25.6 28.2 28.8 29.9 30.4 30.8 30.9 31.8 31.9 32.1 32.0 34.8 27 TOTAL LIABILITIES 1,414.0 1,474.1 1,483.8 1,492.6 1,501.3 1,510.4 1,524.3 1,531.1 1,536.5 1,528.6 1,534.6 1,535.8 28 Residual (assets less liabilities) (7) 117.7 133.4 132.3 136.6 138.0 139.1 140.2 146.7 146.4 148.5 145.7 164.2 ------------------------------------------------- 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 August 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,371.4 1,431.9 1,433.9 1,444.7 1,459.4 1,468.7 1,475.1 1,480.6 1,478.1 1,481.6 1,484.0 1,489.6 2 Securities in bank credit 399.3 407.9 405.7 411.6 415.0 417.3 415.7 416.2 415.7 416.3 416.4 417.9 3 U.S. government securities 315.8 322.8 320.4 323.6 324.7 326.0 323.5 321.6 321.5 321.4 321.2 321.4 4 Other securities 83.5 85.1 85.4 88.0 90.3 91.3 92.2 94.6 94.2 94.9 95.1 96.5 5 Loans and leases in bank credit (2) 972.2 1,024.0 1,028.2 1,033.1 1,044.4 1,051.4 1,059.4 1,064.4 1,062.4 1,065.2 1,067.6 1,071.8 6 Commercial and industrial 175.0 184.5 186.4 187.9 190.7 193.2 194.1 193.9 193.9 193.6 193.9 194.2 7 Real estate 518.5 554.8 559.3 563.3 569.5 573.6 579.2 584.8 583.5 586.0 586.9 588.0 8 Revolving home equity 27.5 29.2 29.4 29.2 29.3 29.4 29.5 29.7 29.7 29.7 29.7 29.7 9 Other 491.0 525.5 529.8 534.0 540.2 544.2 549.6 555.1 553.8 556.2 557.3 558.2 10 Consumer 208.9 211.7 209.4 206.1 206.2 206.3 205.7 204.7 203.7 205.3 206.1 205.8 11 Security (3) 4.3 5.5 5.7 6.2 6.3 5.9 6.0 5.9 6.0 5.7 5.7 6.4 12 Other loans and leases 65.4 67.6 67.4 69.6 71.8 72.4 74.3 75.1 75.2 74.7 74.9 77.4 13 Interbank loans 45.9 57.2 60.8 68.1 67.3 61.6 63.9 63.5 65.6 58.9 60.2 71.5 14 Cash assets (4) 66.2 72.5 72.0 71.3 73.2 73.7 73.5 72.1 74.7 69.3 72.0 72.5 15 Other assets (5) 62.3 60.9 63.9 62.9 66.7 67.5 71.4 75.8 78.0 73.9 74.7 86.2 16 TOTAL ASSETS (6) 1,526.7 1,603.0 1,611.0 1,627.4 1,646.9 1,651.7 1,663.9 1,671.9 1,676.4 1,663.6 1,670.6 1,699.7 L I A B I L I T I E S 17 Deposits 1,225.5 1,282.6 1,287.2 1,299.1 1,313.2 1,312.5 1,321.4 1,321.7 1,326.9 1,313.9 1,318.2 1,328.8 18 Transaction 293.3 297.8 294.3 297.3 302.8 296.4 298.6 294.3 295.1 289.8 297.4 299.1 19 Nontransaction 932.2 984.9 993.0 1,001.8 1,010.4 1,016.0 1,022.8 1,027.4 1,031.7 1,024.1 1,020.8 1,029.7 20 Large time 158.3 169.9 172.1 172.5 173.9 175.5 175.4 173.0 173.2 173.3 172.5 172.7 21 Other 773.9 815.0 820.9 829.3 836.5 840.6 847.4 854.4 858.5 850.8 848.3 857.0 22 Borrowings 152.8 158.5 156.9 157.8 160.7 164.2 165.3 168.4 167.7 167.0 171.1 168.2 23 From banks in the U.S. 76.0 72.7 71.7 70.5 69.4 71.7 72.7 75.6 74.5 74.5 77.2 78.0 24 From others 76.8 85.9 85.2 87.3 91.3 92.5 92.6 92.8 93.2 92.5 93.9 90.2 25 Net due to related foreign offices 4.9 4.2 6.1 4.1 3.5 3.8 3.8 3.6 3.5 3.7 3.6 3.8 26 Other liabilities 25.6 28.2 28.8 29.9 30.4 30.8 30.9 31.8 31.9 32.1 32.0 34.8 27 TOTAL LIABILITIES 1,408.7 1,473.6 1,479.0 1,490.9 1,507.8 1,511.2 1,521.4 1,525.5 1,530.0 1,516.8 1,525.0 1,535.6 28 Residual (assets less liabilities) (7) 118.0 129.4 132.0 136.5 139.1 140.5 142.6 146.5 146.4 146.8 145.7 164.1 MEMO 29 Mortgage-backed securities (9) 44.9 50.9 51.2 51.8 52.3 53.0 53.0 53.3 53.2 53.3 53.1 53.7 ------------------------------------------------- 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 August 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 536.7 568.7 568.6 566.0 557.8 564.3 567.9 574.2 563.0 571.6 585.6 593.6 2 Securities in bank credit 175.6 193.1 192.9 197.3 191.6 194.1 195.7 196.8 189.2 192.1 204.1 212.8 3 U.S. government securities 83.2 81.5 84.1 87.8 88.2 88.3 86.8 89.8 83.5 83.8 96.0 100.8 4 Other securities 92.5 111.6 108.9 109.5 103.4 105.8 108.9 107.0 105.7 108.3 108.1 112.0 5 Loans and leases in bank credit (2) 361.1 375.6 375.7 368.7 366.2 370.2 372.2 377.4 373.7 379.5 381.5 380.8 6 Commercial and industrial 221.2 223.3 222.6 220.4 214.3 213.6 215.5 218.5 218.1 217.6 220.4 217.9 7 Real estate 28.9 26.5 25.9 24.6 23.7 23.1 22.9 23.1 23.4 23.2 23.3 23.6 11 Security (3) 44.6 54.8 54.8 49.0 51.7 58.1 58.6 59.6 56.9 63.5 61.4 62.7 12 Other loans and leases 66.4 71.0 72.4 74.7 76.5 75.4 75.2 76.2 75.3 75.1 76.4 76.6 13 Interbank loans 18.8 28.0 24.8 20.9 20.9 20.8 23.3 21.6 18.3 21.9 25.3 19.3 14 Cash assets (4) 33.8 32.9 32.6 34.1 35.3 34.5 35.1 34.7 35.4 33.9 34.8 33.6 15 Other assets (5) 43.9 40.4 42.2 42.7 42.8 41.8 40.5 39.7 39.6 39.5 40.5 40.3 16 TOTAL ASSETS (6) 633.0 669.7 668.0 663.4 656.6 661.3 666.5 670.0 656.1 666.8 685.9 686.5 L I A B I L I T I E S 17 Deposits 263.2 273.5 284.8 288.9 292.4 294.3 302.0 295.5 292.1 292.3 296.7 301.2 18 Transaction 10.6 10.2 10.1 10.6 11.1 10.6 10.7 12.9 11.7 11.8 11.5 11.2 19 Nontransaction 252.7 263.3 274.7 278.3 281.3 283.8 291.3 282.6 280.3 280.5 285.2 290.0 22 Borrowings 144.0 149.7 144.8 154.1 169.1 168.4 173.5 176.2 177.0 178.9 180.9 180.1 23 From banks in the U.S. 31.9 23.5 22.6 25.8 26.6 23.8 32.1 28.8 32.1 29.9 28.4 25.1 24 From others 112.2 126.2 122.2 128.3 142.5 144.5 141.4 147.4 144.9 149.0 152.5 155.0 25 Net due to related foreign offices 133.6 139.6 134.7 118.5 98.3 97.0 93.2 104.0 94.8 101.2 104.9 113.6 26 Other liabilities 99.2 96.2 97.4 94.0 90.2 93.5 94.7 97.5 95.2 96.0 102.5 103.4 27 TOTAL LIABILITIES 640.1 659.1 661.7 655.5 650.0 653.2 663.4 673.1 659.0 668.4 685.0 698.4 28 Residual (assets less liabilities) (7) -7.1 10.6 6.3 7.9 6.5 8.0 3.1 -3.1 -2.9 -1.6 0.9 -11.8 ------------------------------------------------- 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 14, 1998 Account 1997 1998 1998 1998 1998 1998 1998 1998 Week ending Jul Jan Feb Mar Apr May Jun Jul Jul 15 Jul 22 Jul 29 Aug 5 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 539.3 565.5 568.1 565.6 557.6 565.9 570.9 577.3 565.6 574.8 589.5 598.2 2 Securities in bank credit 178.2 187.7 189.9 195.3 193.1 197.9 198.8 199.6 190.8 195.0 208.6 217.5 3 U.S. government securities 83.0 79.5 83.3 88.5 86.8 88.9 86.9 89.4 82.7 84.1 95.9 100.3 3a Trading account 16.0 14.6 14.1 17.6 18.3 20.4 18.2 24.3 17.7 20.1 32.8 34.1 3b Investment account 67.0 64.9 69.2 70.9 68.6 68.5 68.7 65.1 65.0 64.0 63.1 66.2 4 Other securities 95.3 108.2 106.6 106.8 106.2 109.0 111.9 110.2 108.1 110.9 112.6 117.1 4a Trading account 56.0 62.9 61.3 59.7 58.2 59.8 63.1 63.3 62.3 62.4 64.6 66.2 4b Investment account 39.3 45.3 45.3 47.1 48.1 49.2 48.9 46.8 45.8 48.4 48.1 50.9 5 Loans and leases in bank credit (2) 361.1 377.8 378.1 370.3 364.5 367.9 372.1 377.7 374.8 379.8 380.9 380.8 6 Commercial and industrial 221.0 224.1 223.7 221.0 214.4 213.0 215.4 218.3 218.1 217.7 219.8 217.3 7 Real estate 28.6 26.5 26.1 24.7 23.5 23.0 22.7 22.9 23.1 23.0 23.0 23.3 11 Security (3) 44.0 54.9 55.0 49.7 51.1 57.7 58.5 59.1 56.5 62.7 61.0 62.6 12 Other loans and leases 67.4 72.2 73.4 74.9 75.6 74.3 75.5 77.5 77.1 76.4 77.2 77.6 13 Interbank loans 18.8 28.0 24.8 20.9 20.9 20.8 23.3 21.6 18.3 21.9 25.3 19.3 14 Cash assets (4) 33.7 32.8 32.0 33.0 33.6 34.2 36.1 34.6 35.2 33.4 34.8 33.7 15 Other assets (5) 43.3 40.8 43.7 42.7 40.5 42.3 39.6 39.3 39.1 39.0 40.6 41.3 16 TOTAL ASSETS (6) 634.9 666.9 668.3 661.9 652.3 663.0 669.6 672.6 658.0 668.8 689.9 692.3 L I A B I L I T I E S 17 Deposits 261.3 271.6 282.5 290.1 290.7 297.1 303.8 293.7 290.3 290.6 297.0 299.3 18 Transaction 10.7 10.1 9.9 10.5 10.7 10.3 10.8 13.1 11.9 11.8 11.6 11.2 19 Nontransaction 250.6 261.4 272.6 279.6 280.0 286.8 293.0 280.6 278.4 278.8 285.5 288.1 22 Borrowings 144.0 149.7 144.8 154.1 169.1 168.4 173.5 176.2 177.0 178.9 180.9 180.1 23 From banks in the U.S. 31.9 23.5 22.6 25.8 26.6 23.8 32.1 28.8 32.1 29.9 28.4 25.1 24 From others 112.2 126.2 122.2 128.3 142.5 144.5 141.4 147.4 144.9 149.0 152.5 155.0 25 Net due to related foreign offices 129.6 144.5 136.0 117.6 96.9 98.0 92.4 100.4 91.1 97.9 103.4 103.4 26 Other liabilities 98.3 96.3 98.5 94.2 89.3 92.9 93.8 96.7 94.4 95.2 102.3 102.9 27 TOTAL LIABILITIES 633.3 662.0 661.9 656.1 646.0 656.4 663.6 667.0 652.8 662.6 683.7 685.7 28 Residual (assets less liabilities) (7) 1.6 4.9 6.4 5.9 6.3 6.6 6.0 5.6 5.1 6.2 6.2 6.5 MEMO 29 Reval. gains on off-bal. sheet items (8) 45.2 43.2 40.4 40.0 39.4 39.7 41.5 41.0 40.5 39.7 41.9 42.4 30 Reval. losses on off-bal. sheet items (8) 46.1 42.9 40.6 39.8 39.0 38.4 40.3 40.0 39.3 38.7 41.0 41.3 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 August 14, 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.