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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,155.4 4,280.5 4,341.6 4,398.9 4,488.3 4,528.2 4,549.1 4,523.0 4,526.7 4,532.2 4,518.0 4,513.6 2 Securities in bank credit 1,110.4 1,130.4 1,156.5 1,177.1 1,217.8 1,226.7 1,235.9 1,216.6 1,219.8 1,218.9 1,217.3 1,206.7 3 U.S. government securities 762.9 760.7 771.2 767.4 774.2 790.7 793.1 793.7 794.8 792.0 796.5 789.6 4 Other securities 347.5 369.8 385.3 409.7 443.6 436.0 442.8 422.9 425.0 426.8 420.8 417.1 5 Loans and leases in bank credit (2) 3,045.0 3,150.1 3,185.1 3,221.8 3,270.5 3,301.5 3,313.2 3,306.4 3,306.9 3,313.3 3,300.7 3,306.9 6 Commercial and industrial 864.2 897.8 906.4 918.6 939.2 947.3 945.3 942.6 941.7 945.1 943.3 942.3 7 Real estate 1,234.2 1,271.8 1,281.4 1,283.6 1,287.7 1,309.1 1,322.8 1,324.2 1,329.0 1,322.9 1,318.2 1,328.2 8 Revolving home equity 98.0 97.5 97.6 97.9 96.9 97.3 97.2 96.7 96.6 96.7 96.8 96.8 9 Other 1,136.2 1,174.3 1,183.7 1,185.7 1,190.7 1,211.9 1,225.6 1,227.5 1,232.4 1,226.2 1,221.4 1,231.5 10 Consumer 503.5 496.0 494.5 497.4 496.7 498.7 501.7 503.1 502.6 504.3 504.4 503.9 11 Security (3) 117.6 131.9 137.7 142.9 158.9 152.5 151.4 152.7 150.1 158.4 152.5 146.9 12 Other loans and leases 325.6 352.5 365.1 379.4 388.1 393.8 392.0 383.8 383.5 382.6 382.2 385.5 13 Interbank loans 201.8 213.2 206.1 219.8 220.3 219.8 214.9 217.1 214.1 220.3 221.3 220.6 14 Cash assets (4) 261.2 243.5 251.6 253.3 242.9 249.6 249.9 263.4 256.8 279.5 262.9 255.1 15 Other assets (5) 295.4 312.7 318.1 323.3 322.7 327.1 328.9 334.3 332.0 337.8 333.3 339.8 16 TOTAL ASSETS (6) 4,857.0 4,992.2 5,060.2 5,137.8 5,216.5 5,266.7 5,284.7 5,279.8 5,271.5 5,311.9 5,277.7 5,270.6 L I A B I L I T I E S 17 Deposits 3,121.1 3,191.2 3,221.7 3,244.2 3,267.9 3,310.9 3,319.2 3,338.5 3,332.5 3,353.8 3,326.4 3,340.2 18 Transaction 682.4 664.7 665.3 675.1 666.0 665.7 664.7 662.2 648.8 684.3 672.6 650.5 19 Nontransaction 2,438.7 2,526.5 2,556.4 2,569.2 2,602.0 2,645.2 2,654.5 2,676.3 2,683.7 2,669.5 2,653.8 2,689.7 20 Large time 645.9 668.1 680.3 685.8 697.4 709.0 702.0 713.6 713.3 715.2 713.3 717.3 21 Other 1,792.9 1,858.3 1,876.0 1,883.3 1,904.6 1,936.2 1,952.5 1,962.8 1,970.4 1,954.3 1,940.5 1,972.3 22 Borrowings 828.1 857.7 859.9 888.8 939.4 978.3 987.4 973.5 974.5 987.1 976.9 954.4 23 From banks in the U.S. 290.9 295.3 298.1 308.4 318.6 327.9 325.2 321.2 325.7 320.4 320.5 317.7 24 From others 537.1 562.5 561.9 580.4 620.8 650.3 662.2 652.3 648.8 666.7 656.4 636.6 25 Net due to related foreign offices 235.0 187.6 203.8 202.7 226.1 218.5 217.1 213.7 213.5 209.6 213.6 222.5 26 Other liabilities 298.2 322.1 334.9 344.2 358.6 340.3 342.0 341.5 343.6 347.0 337.6 335.8 27 TOTAL LIABILITIES 4,482.4 4,558.6 4,620.4 4,680.0 4,792.0 4,847.9 4,865.7 4,867.2 4,864.0 4,897.4 4,854.5 4,852.9 28 Residual (assets less liabilities) (7) 374.6 433.7 439.8 457.8 424.5 418.7 419.1 412.6 407.5 414.5 423.2 417.7 ------------------------------------------------- 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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 4,162.4 4,274.4 4,328.0 4,385.7 4,491.8 4,536.6 4,559.8 4,532.2 4,539.6 4,536.0 4,513.7 4,526.5 2 Securities in bank credit 1,110.7 1,124.8 1,147.9 1,164.9 1,214.2 1,226.3 1,231.0 1,219.0 1,221.2 1,217.7 1,216.9 1,218.4 3 U.S. government securities 759.5 756.8 766.3 762.3 771.7 791.9 791.7 791.2 792.9 789.0 791.8 790.0 4 Other securities 351.2 368.0 381.6 402.6 442.5 434.4 439.4 427.8 428.3 428.7 425.1 428.4 5 Loans and leases in bank credit (2) 3,051.7 3,149.6 3,180.1 3,220.9 3,277.7 3,310.3 3,328.8 3,313.2 3,318.5 3,318.4 3,296.8 3,308.0 6 Commercial and industrial 861.8 897.4 900.4 913.1 937.1 945.9 943.2 939.7 937.7 941.2 938.6 940.9 7 Real estate 1,234.3 1,273.9 1,284.9 1,288.5 1,294.4 1,315.8 1,326.4 1,324.1 1,332.0 1,322.7 1,315.3 1,324.7 8 Revolving home equity 98.2 97.6 97.8 98.6 97.8 98.0 97.5 96.9 97.0 97.0 96.9 96.6 9 Other 1,136.1 1,176.3 1,187.2 1,190.0 1,196.6 1,217.8 1,228.9 1,227.2 1,235.0 1,225.7 1,218.5 1,228.1 10 Consumer 510.2 494.1 496.2 500.2 498.5 501.2 508.0 510.0 510.9 510.8 509.4 507.0 11 Security (3) 117.8 129.7 133.2 139.5 159.3 153.8 154.3 153.1 151.7 158.0 152.4 149.2 12 Other loans and leases 327.6 354.5 365.4 379.5 388.3 393.6 396.9 386.4 386.1 385.7 381.1 386.2 13 Interbank loans 208.7 206.8 199.0 214.2 216.4 226.3 224.8 224.1 224.6 226.7 219.9 228.7 14 Cash assets (4) 272.1 239.1 239.3 251.2 246.7 258.9 268.2 274.1 268.2 307.5 257.6 253.7 15 Other assets (5) 293.8 314.0 320.0 324.5 321.9 328.2 329.0 332.2 329.1 334.3 330.1 341.0 16 TOTAL ASSETS (6) 4,880.5 4,976.6 5,028.9 5,117.8 5,219.0 5,291.7 5,323.6 5,304.9 5,303.8 5,346.9 5,263.7 5,291.5 L I A B I L I T I E S 17 Deposits 3,127.2 3,183.7 3,211.5 3,248.4 3,271.7 3,329.4 3,351.2 3,343.5 3,354.2 3,361.4 3,288.3 3,330.8 18 Transaction 694.4 659.8 651.9 670.4 661.9 676.4 698.4 673.7 669.4 700.4 652.9 650.4 19 Nontransaction 2,432.8 2,523.8 2,559.6 2,578.0 2,609.7 2,653.1 2,652.8 2,669.8 2,684.9 2,661.0 2,635.3 2,680.4 20 Large time 644.1 664.8 679.4 687.6 701.4 715.2 707.2 711.6 711.9 712.0 711.5 714.8 21 Other 1,788.7 1,859.0 1,880.2 1,890.5 1,908.4 1,937.8 1,945.6 1,958.2 1,972.9 1,949.0 1,923.9 1,965.6 22 Borrowings 834.5 862.1 852.6 892.0 935.4 974.1 982.5 979.8 971.2 1,004.6 992.7 965.5 23 From banks in the U.S. 294.4 295.4 294.1 307.2 314.5 328.2 329.3 324.8 326.9 328.0 326.4 322.1 24 From others 540.1 566.6 558.6 584.8 620.8 645.9 653.2 655.0 644.2 676.6 666.3 643.4 25 Net due to related foreign offices 235.6 189.1 203.6 202.3 223.7 216.6 218.2 215.3 214.4 211.7 219.6 219.6 26 Other liabilities 298.2 321.4 334.9 343.9 358.3 341.6 342.9 341.6 343.2 346.8 338.4 336.4 27 TOTAL LIABILITIES 4,495.6 4,556.3 4,602.6 4,686.6 4,789.0 4,861.7 4,894.8 4,880.2 4,883.0 4,924.5 4,839.0 4,852.3 28 Residual (assets less liabilities) (7) 385.0 420.3 426.2 431.2 430.0 430.0 428.9 424.7 420.7 422.3 424.7 439.2 MEMO 29 Reval. gains on off-bal. sheet items (8) 94.4 92.9 96.1 110.4 130.7 110.6 117.2 111.6 110.5 112.4 111.1 113.6 30 Reval. losses on off-bal. sheet items (8) 95.9 90.6 96.4 110.6 128.0 109.3 115.0 107.6 107.3 107.7 107.0 109.8 ------------------------------------------------- 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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,580.5 3,708.4 3,753.2 3,794.3 3,863.6 3,908.0 3,947.9 3,927.6 3,931.6 3,934.1 3,915.3 3,926.9 2 Securities in bank credit 910.8 929.3 944.1 961.6 995.9 1,002.8 1,019.1 997.4 1,001.1 999.4 994.4 989.7 3 U.S. government securities 679.3 669.6 677.1 685.2 694.0 710.2 712.1 709.6 711.6 708.5 709.9 705.4 4 Other securities 231.4 259.6 266.9 276.5 301.9 292.5 307.1 287.8 289.5 291.0 284.6 284.2 5 Loans and leases in bank credit (2) 2,669.8 2,779.1 2,809.1 2,832.7 2,867.7 2,905.3 2,928.8 2,930.2 2,930.5 2,934.7 2,920.9 2,937.2 6 Commercial and industrial 642.6 683.7 692.3 700.6 715.4 723.5 727.2 729.4 729.3 730.7 729.0 728.3 7 Real estate 1,206.6 1,247.8 1,257.5 1,260.0 1,264.4 1,287.1 1,302.1 1,303.4 1,308.1 1,302.2 1,297.5 1,307.1 8 Revolving home equity 98.0 97.5 97.6 97.9 96.9 97.3 97.2 96.7 96.6 96.7 96.8 96.8 9 Other 1,108.6 1,150.3 1,159.9 1,162.1 1,167.5 1,189.8 1,205.0 1,206.7 1,211.5 1,205.5 1,200.8 1,210.3 10 Consumer 503.5 496.0 494.5 497.4 496.7 498.7 501.7 503.1 502.6 504.3 504.4 503.9 11 Security (3) 61.3 69.9 73.5 75.2 89.3 87.6 85.4 84.0 81.0 87.4 82.1 83.8 12 Other loans and leases 255.8 281.6 291.2 299.4 302.0 308.4 312.3 310.3 309.6 310.0 307.9 314.1 13 Interbank loans 173.5 192.3 186.1 191.4 194.9 193.3 187.8 188.8 187.1 189.6 192.1 191.3 14 Cash assets (4) 227.8 208.5 217.8 219.3 207.6 216.1 216.0 228.2 220.8 241.8 229.5 222.5 15 Other assets (5) 254.7 278.7 282.4 285.5 283.5 290.5 289.8 296.2 293.7 297.8 296.7 302.7 16 TOTAL ASSETS (6) 4,180.0 4,330.4 4,382.6 4,433.3 4,492.0 4,550.2 4,583.8 4,583.1 4,575.4 4,605.6 4,576.1 4,585.2 L I A B I L I T I E S 17 Deposits 2,844.0 2,893.6 2,915.8 2,929.7 2,949.1 2,995.6 3,011.9 3,022.2 3,014.0 3,035.3 3,010.5 3,022.8 18 Transaction 670.7 651.0 653.1 659.8 650.7 653.4 654.0 649.8 636.9 671.5 660.0 637.5 19 Nontransaction 2,173.4 2,242.6 2,262.7 2,270.0 2,298.3 2,342.3 2,357.9 2,372.4 2,377.1 2,363.8 2,350.5 2,385.4 20 Large time 383.8 385.1 385.1 384.2 397.4 410.3 409.0 412.3 409.9 411.8 412.1 415.0 21 Other 1,789.6 1,857.5 1,877.7 1,885.7 1,901.0 1,932.0 1,948.9 1,960.1 1,967.2 1,952.0 1,938.4 1,970.4 22 Borrowings 678.5 690.1 694.7 709.9 753.9 792.7 808.0 797.7 800.5 806.0 799.3 783.4 23 From banks in the U.S. 267.2 269.5 276.1 278.2 286.6 294.5 296.7 297.1 301.5 296.1 296.3 291.3 24 From others 411.3 420.5 418.6 431.7 467.3 498.2 511.3 500.6 499.0 509.9 503.0 492.1 25 Net due to related foreign offices 90.8 79.8 93.6 105.6 116.9 116.3 114.8 114.9 114.7 111.0 119.2 120.7 26 Other liabilities 201.2 228.6 235.5 240.2 251.2 237.9 241.2 244.3 245.2 249.7 240.0 240.3 27 TOTAL LIABILITIES 3,814.5 3,892.0 3,939.7 3,985.4 4,071.1 4,142.5 4,175.9 4,179.1 4,174.4 4,202.0 4,169.0 4,167.3 28 Residual (assets less liabilities) (7) 365.4 438.4 443.0 447.9 420.9 407.6 407.9 404.0 401.0 403.7 407.1 417.9 ------------------------------------------------- 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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 3,590.9 3,699.5 3,737.2 3,786.4 3,867.8 3,924.0 3,960.1 3,940.7 3,947.9 3,944.0 3,917.7 3,940.3 2 Securities in bank credit 916.6 920.9 931.3 952.8 991.8 1,007.7 1,018.4 1,005.9 1,007.9 1,006.0 1,001.4 1,004.5 3 U.S. government securities 678.0 666.1 671.5 680.1 690.9 710.5 711.0 709.2 711.0 707.7 708.7 707.0 4 Other securities 238.6 254.8 259.8 272.8 300.9 297.2 307.5 296.7 296.9 298.3 292.7 297.5 5 Loans and leases in bank credit (2) 2,674.3 2,778.6 2,805.9 2,833.5 2,875.9 2,916.2 2,941.7 2,934.8 2,940.0 2,938.0 2,916.3 2,935.8 6 Commercial and industrial 639.4 683.6 687.4 696.2 713.5 722.4 724.3 725.6 724.3 726.3 724.0 726.6 7 Real estate 1,206.7 1,250.2 1,261.2 1,265.0 1,270.9 1,293.5 1,305.6 1,303.3 1,311.0 1,302.0 1,294.8 1,303.6 8 Revolving home equity 98.2 97.6 97.8 98.6 97.8 98.0 97.5 96.9 97.0 97.0 96.9 96.6 9 Other 1,108.4 1,152.6 1,163.4 1,166.4 1,173.1 1,195.5 1,208.2 1,206.4 1,214.0 1,205.1 1,197.9 1,206.9 10 Consumer 510.2 494.1 496.2 500.2 498.5 501.2 508.0 510.0 510.9 510.8 509.4 507.0 11 Security (3) 61.4 68.3 69.8 72.2 89.6 89.1 87.2 84.3 82.6 87.0 82.4 85.5 12 Other loans and leases 256.6 282.4 291.3 300.0 303.4 310.1 316.6 311.7 311.1 312.0 305.7 313.1 13 Interbank loans 180.4 185.9 179.1 185.8 190.9 199.8 197.7 195.9 197.6 196.0 190.6 199.4 14 Cash assets (4) 238.7 204.2 205.5 217.1 211.1 224.5 232.7 239.0 232.2 270.1 224.5 221.6 15 Other assets (5) 252.7 280.3 283.5 286.7 283.6 291.1 289.2 293.6 290.1 294.3 293.1 302.8 16 TOTAL ASSETS (6) 4,206.4 4,312.4 4,347.9 4,418.4 4,495.8 4,581.5 4,621.9 4,611.8 4,610.3 4,647.0 4,568.6 4,606.0 L I A B I L I T I E S 17 Deposits 2,852.1 2,887.9 2,906.9 2,932.3 2,953.3 3,015.2 3,040.7 3,029.4 3,038.5 3,046.0 2,973.5 3,015.8 18 Transaction 682.8 646.0 639.7 654.4 646.7 664.1 687.3 661.4 657.6 687.6 640.8 637.5 19 Nontransaction 2,169.3 2,241.9 2,267.2 2,277.9 2,306.6 2,351.1 2,353.5 2,368.0 2,380.9 2,358.4 2,332.8 2,378.3 20 Large time 383.1 384.0 387.4 387.7 400.7 415.3 409.4 411.3 409.5 411.0 410.5 414.3 21 Other 1,786.2 1,857.9 1,879.8 1,890.2 1,905.8 1,935.8 1,944.0 1,956.7 1,971.4 1,947.4 1,922.3 1,964.0 22 Borrowings 684.9 694.4 687.4 713.0 749.9 788.5 803.1 804.1 797.1 823.5 815.1 794.5 23 From banks in the U.S. 270.6 269.7 272.1 277.0 282.6 294.8 300.8 300.8 302.7 303.7 302.3 295.6 24 From others 414.2 424.7 415.3 436.0 467.3 493.7 502.3 503.4 494.4 519.8 512.8 498.9 25 Net due to related foreign offices 86.5 84.9 96.7 106.8 115.5 113.7 111.3 112.4 111.6 109.0 118.3 118.3 26 Other liabilities 201.2 228.6 235.5 240.2 251.2 237.9 241.2 244.3 245.2 249.7 240.0 240.3 27 TOTAL LIABILITIES 3,824.8 3,895.8 3,926.6 3,992.3 4,069.9 4,155.3 4,196.3 4,190.1 4,192.5 4,228.2 4,146.9 4,168.9 28 Residual (assets less liabilities) (7) 381.7 416.7 421.4 426.0 425.9 426.1 425.5 421.7 417.8 418.8 421.7 437.0 MEMO 29 Reval. gains on off-bal. sheet items (8) 49.9 51.0 51.9 61.7 78.7 62.7 69.1 65.7 63.8 66.7 65.8 67.4 30 Reval. losses on off-bal. sheet items (8) 52.7 50.4 54.2 65.1 80.5 65.1 70.5 65.5 64.4 65.5 65.4 68.0 31 Mortgage-backed securities (9) 289.9 293.0 301.2 313.7 336.0 346.3 345.9 342.0 343.7 338.6 338.7 345.1 ------------------------------------------------- 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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,199.7 2,275.0 2,305.7 2,336.8 2,392.6 2,412.7 2,434.7 2,413.5 2,417.3 2,421.7 2,405.7 2,412.5 2 Securities in bank credit 513.5 521.6 532.3 547.1 572.7 569.5 577.8 555.7 558.1 558.9 555.3 549.0 3 U.S. government securities 366.5 355.5 361.4 367.9 371.9 380.2 376.7 375.4 376.1 375.2 377.3 372.7 3a Trading account 29.1 20.4 21.3 22.0 20.9 23.4 24.0 26.3 28.3 27.1 27.6 18.5 3b Investment account 337.4 335.1 340.1 345.9 351.0 356.8 352.7 349.1 347.9 348.1 349.7 354.2 4 Other securities 147.0 166.1 170.9 179.2 200.8 189.3 201.1 180.3 182.0 183.7 178.1 176.3 4a Trading account 69.6 81.1 83.1 89.5 109.1 92.8 101.7 82.1 82.7 86.0 81.1 78.6 4b Investment account 77.4 85.0 87.7 89.8 91.7 96.5 99.3 98.2 99.3 97.7 96.9 97.7 4c State and local government 22.5 22.4 22.6 23.2 23.9 24.6 25.0 25.0 24.9 25.0 25.0 25.0 4d Other 54.9 62.6 65.1 66.6 67.8 71.9 74.4 73.2 74.4 72.7 72.0 72.7 5 Loans and leases in bank credit (2) 1,686.2 1,753.3 1,773.4 1,789.6 1,819.8 1,843.2 1,856.9 1,857.8 1,859.2 1,862.8 1,850.4 1,863.5 6 Commercial and industrial 465.4 497.6 503.0 508.9 521.6 527.9 529.7 531.5 531.4 532.5 531.5 530.6 6a Bankers acceptances 1.2 1.3 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.2 6b Other 464.2 496.4 501.7 507.7 520.3 526.6 528.5 530.3 530.1 531.2 530.2 529.4 7 Real estate 673.6 686.9 688.1 685.9 686.5 698.9 706.3 703.0 708.9 702.2 697.3 704.1 8 Revolving home equity 69.8 68.7 68.6 68.8 68.0 67.7 67.5 67.3 67.2 67.4 67.6 67.5 9 Other 603.8 618.2 619.5 617.0 618.5 631.2 638.8 635.7 641.7 634.8 629.8 636.6 10 Consumer 301.8 294.7 295.9 298.8 299.6 300.6 301.7 305.4 305.2 306.8 307.1 307.2 11 Security (3) 56.0 63.9 67.4 68.9 82.7 80.8 79.0 77.9 74.9 81.4 76.3 77.7 11a Fed funds and RPs with broker/dealer 39.6 44.9 48.0 50.1 64.7 63.6 62.8 61.7 59.7 63.1 61.2 63.1 11b Other 16.4 19.0 19.4 18.8 18.0 17.3 16.3 16.2 15.1 18.3 15.1 14.6 12a State and local government 11.6 11.1 11.5 11.5 11.6 11.9 11.6 11.6 11.8 11.6 11.5 11.5 12b Agricultural 9.9 10.0 10.0 10.0 9.9 10.0 10.1 10.2 10.2 10.2 10.2 10.2 12c Fed funds and RPs with others 8.0 8.9 10.0 12.4 12.9 12.4 16.2 12.6 12.6 12.3 12.1 12.0 12d All other loans 74.3 83.9 88.9 93.2 93.5 97.9 96.5 97.5 97.0 98.4 96.5 98.7 12e Lease financing receivables 85.5 96.3 98.7 100.0 101.4 102.8 105.7 107.9 107.2 107.4 107.8 111.5 13 Interbank loans 122.4 124.0 115.7 117.6 119.0 119.3 120.6 122.0 120.7 122.3 124.5 126.4 13a Fed funds and RPs with banks 81.2 70.1 62.5 64.2 73.6 75.3 73.7 77.9 76.9 79.5 78.5 81.0 13b Other 41.2 53.8 53.2 53.4 45.4 44.0 46.9 44.1 43.8 42.8 46.1 45.4 14 Cash assets (4) 164.7 143.9 151.3 151.3 141.0 147.9 148.3 158.4 152.3 169.6 158.6 153.5 15 Other assets (5) 196.7 215.8 219.3 219.9 215.9 218.2 216.4 220.6 217.4 223.3 222.4 223.2 16 TOTAL ASSETS (6) 2,645.9 2,720.6 2,754.6 2,788.0 2,830.6 2,860.3 2,882.1 2,876.5 2,869.7 2,899.1 2,873.5 2,877.0 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 6 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Seasonally adjusted, adjusted for mergers, billions of dollars (continued) February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,612.5 1,620.6 1,628.3 1,628.7 1,640.2 1,666.8 1,673.2 1,671.2 1,663.8 1,682.7 1,658.3 1,678.3 18 Transaction 386.6 367.9 369.4 373.1 366.7 368.3 367.4 363.0 355.3 381.0 366.1 351.0 19 Nontransaction 1,225.9 1,252.7 1,258.9 1,255.6 1,273.5 1,298.5 1,305.8 1,308.1 1,308.6 1,301.7 1,292.2 1,327.3 20 Large time 219.8 216.2 215.0 209.9 221.5 230.4 230.2 230.0 227.7 229.4 229.7 232.5 21 Other 1,006.1 1,036.6 1,043.9 1,045.7 1,052.0 1,068.1 1,075.6 1,078.1 1,080.8 1,072.3 1,062.5 1,094.8 22 Borrowings 528.9 526.7 531.9 544.6 579.6 610.4 621.8 614.6 617.9 623.2 617.5 602.4 23 From banks in the U.S. 198.3 190.5 197.6 198.4 203.5 207.7 209.0 214.5 219.1 213.2 214.9 211.4 24 From others 330.6 336.2 334.3 346.2 376.1 402.7 412.8 400.1 398.8 409.9 402.6 391.0 25 Net due to related foreign offices 86.5 76.1 89.9 101.8 112.3 112.7 111.2 111.9 111.6 108.3 116.4 117.9 26 Other liabilities 173.7 198.5 204.9 209.6 219.9 205.8 209.2 212.9 213.7 218.8 209.1 207.6 27 TOTAL LIABILITIES 2,401.6 2,422.0 2,454.9 2,484.8 2,552.0 2,595.7 2,615.4 2,610.6 2,607.0 2,632.9 2,601.3 2,606.2 28 Residual (assets less liabilities) (7) 244.3 298.7 299.7 303.2 278.6 264.6 266.7 266.0 262.7 266.2 272.1 270.8 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 7 ASSETS AND LIABILITIES OF LARGE DOMESTICALLY CHARTERED COMMERCIAL BANKS IN THE UNITED STATES (1) Not seasonally adjusted, adjusted for mergers, billions of dollars February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 2,215.3 2,268.0 2,290.2 2,326.7 2,396.9 2,429.4 2,446.5 2,432.1 2,438.1 2,436.4 2,413.0 2,432.7 2 Securities in bank credit 521.0 514.6 520.6 539.1 571.7 577.8 579.0 565.7 566.0 566.3 563.2 565.5 3 U.S. government securities 366.6 353.3 356.6 363.2 371.1 383.3 377.2 376.3 376.3 375.3 377.2 376.0 3a Trading account 28.2 19.9 21.2 21.9 21.9 24.6 23.6 25.5 27.3 26.8 26.5 18.5 3b Investment account 338.4 333.4 335.4 341.3 349.1 358.7 353.6 350.8 349.0 348.5 350.7 357.5 3c Mortgage-backed 225.5 219.0 225.8 236.4 255.2 258.2 253.5 250.0 251.4 246.2 247.3 253.3 3d Other 113.0 114.4 109.7 104.9 93.9 100.6 100.1 100.8 97.7 102.4 103.4 104.2 3e 1 year or less 28.9 30.4 29.0 27.7 26.1 27.2 26.6 27.4 26.2 28.7 28.2 28.2 3f Between 1 and 5 years 55.7 52.1 48.9 44.2 37.2 38.2 38.4 37.5 36.1 37.8 38.7 38.7 3g More than 5 years 28.3 31.9 31.8 33.0 30.6 35.2 35.2 35.9 35.4 35.9 36.5 37.3 4 Other securities 154.4 161.3 164.0 175.9 200.7 194.5 201.8 189.4 189.6 191.0 186.0 189.5 4a Trading account 76.3 77.0 76.8 86.4 108.8 96.8 101.5 90.3 89.2 92.5 88.6 91.1 4b Investment account 78.1 84.3 87.2 89.4 91.9 97.7 100.4 99.1 100.4 98.5 97.3 98.3 4c State and local government 22.5 22.3 22.7 23.2 24.0 24.6 25.0 25.0 24.8 24.9 24.9 24.9 4d Other 55.6 62.1 64.6 66.2 67.9 73.1 75.4 74.2 75.6 73.6 72.4 73.4 5 Loans and leases in bank credit (2) 1,694.3 1,753.4 1,769.5 1,787.6 1,825.2 1,851.7 1,867.5 1,866.4 1,872.1 1,870.1 1,849.9 1,867.2 6 Commercial and industrial 463.0 497.7 499.6 506.0 521.3 528.0 527.3 528.6 527.4 529.0 527.4 529.7 6a Bankers acceptances 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 6b Other 461.8 496.5 498.3 504.7 520.0 526.6 526.0 527.4 526.2 527.7 526.2 528.5 7 Real estate 676.7 689.2 691.4 689.1 690.5 703.2 708.9 706.2 714.8 705.2 697.8 704.4 8 Revolving home equity 70.1 68.9 68.9 69.4 68.6 68.4 67.8 67.7 67.7 67.7 67.7 67.4 9a Other residential 369.9 383.4 384.9 380.8 382.8 393.9 398.4 393.9 403.0 392.9 384.8 390.3 9b Commercial 236.6 236.9 237.6 239.0 239.0 240.9 242.6 244.7 244.1 244.6 245.3 246.7 10 Consumer 306.8 294.5 297.4 300.8 300.5 301.5 305.7 310.6 311.6 311.3 310.0 308.9 11 Security (3) 56.1 62.3 63.7 65.8 83.1 82.3 80.8 78.2 76.5 81.1 76.6 79.5 11a Fed funds and RPs with broker/dealer 39.6 43.9 45.1 47.6 65.2 65.0 63.7 62.0 61.2 62.7 61.3 65.0 11b Other 16.4 18.5 18.6 18.2 17.9 17.3 17.1 16.2 15.2 18.3 15.3 14.5 12a State and local government 11.5 11.1 11.5 11.6 11.7 12.0 11.7 11.6 11.8 11.6 11.5 11.4 12b Agricultural 9.9 10.3 10.3 10.3 10.1 10.1 10.1 10.1 10.2 10.0 10.0 9.9 12c Fed funds and RPs with others 8.0 8.9 10.0 12.4 12.9 12.4 16.2 12.6 12.6 12.3 12.1 12.0 12d All other loans 75.0 83.5 88.2 92.7 94.1 99.4 100.6 98.2 97.5 99.7 94.5 97.9 12e Lease financing receivables 87.3 95.8 97.5 98.9 101.0 102.8 106.0 110.3 109.7 109.9 110.0 113.5 13 Interbank loans 127.8 122.9 113.2 116.4 116.2 121.4 125.7 127.2 127.2 128.7 126.7 130.5 13a Fed funds and RPs with banks 85.1 69.4 60.7 63.7 71.0 77.0 77.5 81.7 81.9 83.8 79.5 84.8 13b Other 42.7 53.5 52.5 52.7 45.2 44.4 48.2 45.5 45.3 44.8 47.2 45.7 14 Cash assets (4) 174.5 140.2 141.2 149.8 144.6 154.1 161.7 168.1 162.8 194.3 156.6 153.5 15 Other assets (5) 196.7 215.8 219.3 219.9 215.9 218.2 216.4 220.6 217.4 223.3 222.4 223.2 16 TOTAL ASSETS (6) 2,677.1 2,708.9 2,726.1 2,774.9 2,835.7 2,885.0 2,912.3 2,910.4 2,907.7 2,945.1 2,881.4 2,901.6 ------------------------------------------------- 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) February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- L I A B I L I T I E S 17 Deposits 1,622.0 1,620.6 1,625.9 1,634.8 1,646.5 1,680.1 1,694.7 1,679.9 1,686.0 1,694.6 1,636.3 1,673.2 18 Transaction 396.3 365.7 360.3 370.0 364.5 375.0 390.5 372.5 370.7 394.8 356.5 352.0 19 Nontransaction 1,225.6 1,254.9 1,265.7 1,264.7 1,282.0 1,305.1 1,304.2 1,307.5 1,315.4 1,299.9 1,279.8 1,321.2 20 Large time 219.1 215.0 217.4 213.3 224.9 235.4 230.7 229.0 227.3 228.6 228.1 231.8 21 Other 1,006.6 1,039.8 1,048.3 1,051.4 1,057.1 1,069.7 1,073.5 1,078.5 1,088.0 1,071.3 1,051.7 1,089.4 22 Borrowings 534.4 531.0 523.2 544.4 575.1 606.8 616.2 620.2 614.5 637.4 629.1 613.2 23 From banks in the U.S. 201.3 190.5 192.7 196.1 200.0 209.1 213.1 217.7 220.3 219.1 218.9 215.5 24 From others 333.1 340.5 330.5 348.3 375.1 397.7 403.1 402.5 394.2 418.2 410.2 397.7 25 Net due to related foreign offices 82.3 81.2 92.9 103.0 110.9 110.1 107.7 109.4 108.5 106.3 115.5 115.5 26 Other liabilities 173.7 198.5 204.9 209.6 219.9 205.8 209.2 212.9 213.7 218.8 209.1 207.6 27 TOTAL LIABILITIES 2,412.4 2,431.3 2,447.0 2,491.8 2,552.4 2,602.7 2,627.8 2,622.4 2,622.7 2,657.1 2,590.1 2,609.5 28 Residual (assets less liabilities) (7) 264.7 277.7 279.1 283.1 283.4 282.3 284.5 288.0 285.0 288.0 291.3 292.0 MEMO 29 Reval. gains on off-bal. sheet items (8) 49.9 51.0 51.9 61.7 78.7 62.7 69.1 65.7 63.8 66.7 65.8 67.4 30 Reval. losses on off-bal. sheet items (8) 52.7 50.4 54.2 65.1 80.5 65.1 70.5 65.5 64.4 65.5 65.4 68.0 31 Mortgage-backed securities (9) 244.8 242.9 249.6 260.5 280.7 287.0 284.0 279.6 281.1 276.2 276.6 282.6 31a Pass-through 164.2 158.0 161.3 167.3 189.5 196.6 194.8 191.9 192.7 189.4 191.1 192.5 31b CMO, REMIC, and other 80.6 84.9 88.3 93.2 91.1 90.3 89.2 87.7 88.4 86.8 85.4 90.1 32 Net unrealized gains (losses) on 3.0 3.5 3.1 3.7 4.4 3.1 3.0 3.0 3.2 2.8 2.8 2.8 available-for-sale securities (10) 33 Offshore credit to U.S. residents (11) 35.5 35.3 35.6 36.8 38.5 39.1 38.5 38.8 39.0 39.0 38.2 38.2 ------------------------------------------------- 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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,380.8 1,433.4 1,447.5 1,457.5 1,471.0 1,495.3 1,513.2 1,514.1 1,514.3 1,512.4 1,509.6 1,514.4 2 Securities in bank credit 397.2 407.6 411.8 414.5 423.1 433.3 441.4 441.6 443.0 440.5 439.1 440.7 3 U.S. government securities 312.8 314.2 315.7 317.3 322.1 330.0 335.3 334.2 335.5 333.2 332.6 332.8 4 Other securities 84.4 93.5 96.1 97.3 101.1 103.2 106.0 107.5 107.5 107.3 106.5 108.0 5 Loans and leases in bank credit (2) 983.6 1,025.8 1,035.7 1,043.0 1,047.9 1,062.0 1,071.9 1,072.4 1,071.3 1,071.9 1,070.5 1,073.7 6 Commercial and industrial 177.2 186.1 189.3 191.7 193.8 195.6 197.5 197.9 197.9 198.2 197.5 197.6 7 Real estate 533.0 561.0 569.4 574.2 577.9 588.2 595.8 600.4 599.2 600.0 600.2 603.0 8 Revolving home equity 28.2 28.8 29.0 29.0 29.0 29.6 29.7 29.4 29.4 29.3 29.2 29.3 9 Other 504.8 532.1 540.3 545.1 549.0 558.6 566.1 571.0 569.8 570.7 571.0 573.8 10 Consumer 201.6 201.3 198.7 198.5 197.1 198.1 200.0 197.7 197.4 197.5 197.3 196.8 11 Security (3) 5.3 6.0 6.1 6.3 6.5 6.7 6.4 6.0 6.2 6.0 5.8 6.0 12 Other loans and leases 66.4 71.4 72.2 72.3 72.5 73.4 72.2 70.5 70.8 70.2 69.7 70.2 13 Interbank loans 51.1 68.3 70.4 73.9 75.9 74.0 67.3 66.8 66.5 67.3 67.6 65.0 14 Cash assets (4) 63.1 64.6 66.6 68.0 66.5 68.1 67.7 69.8 68.5 72.1 71.0 69.1 15 Other assets (5) 58.0 62.9 63.1 65.6 67.6 72.3 73.4 75.6 76.3 74.5 74.3 79.5 16 TOTAL ASSETS (6) 1,534.0 1,609.7 1,628.0 1,645.2 1,661.4 1,689.8 1,701.6 1,706.6 1,705.7 1,706.6 1,702.6 1,708.1 L I A B I L I T I E S 17 Deposits 1,231.5 1,273.0 1,287.5 1,301.0 1,308.8 1,328.8 1,338.7 1,351.0 1,350.2 1,352.6 1,352.2 1,344.5 18 Transaction 284.1 283.1 283.7 286.6 284.0 285.0 286.6 286.8 281.7 290.5 293.9 286.4 19 Nontransaction 947.5 989.9 1,003.8 1,014.4 1,024.8 1,043.8 1,052.1 1,064.2 1,068.5 1,062.1 1,058.3 1,058.1 20 Large time 164.0 168.9 170.1 174.3 175.9 179.9 178.7 182.3 182.2 182.4 182.4 182.5 21 Other 783.5 820.9 833.8 840.0 849.0 863.9 873.4 881.9 886.3 879.8 875.9 875.6 22 Borrowings 149.6 163.3 162.9 165.3 174.3 182.3 186.2 183.1 182.6 182.8 181.8 181.0 23 From banks in the U.S. 68.9 79.0 78.6 79.8 83.1 86.8 87.6 82.6 82.4 82.9 81.4 79.9 24 From others 80.7 84.4 84.3 85.4 91.2 95.5 98.5 100.5 100.2 99.9 100.4 101.1 25 Net due to related foreign offices 4.2 3.7 3.7 3.7 4.7 3.6 3.6 3.0 3.1 2.7 2.8 2.8 26 Other liabilities 27.5 30.1 30.7 30.6 31.4 32.2 32.1 31.4 31.6 31.0 30.8 32.7 27 TOTAL LIABILITIES 1,412.9 1,470.1 1,484.8 1,500.6 1,519.1 1,546.8 1,560.5 1,568.6 1,567.4 1,569.1 1,567.6 1,561.0 28 Residual (assets less liabilities) (7) 121.1 139.7 143.2 144.6 142.3 143.0 141.1 138.0 138.3 137.5 135.0 147.1 ------------------------------------------------- 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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 1,375.6 1,431.5 1,447.0 1,459.7 1,470.8 1,494.5 1,513.7 1,508.6 1,509.8 1,507.6 1,504.6 1,507.6 2 Securities in bank credit 395.6 406.3 410.7 413.8 420.1 430.0 439.4 440.2 441.9 439.7 438.2 439.1 3 U.S. government securities 311.4 312.9 314.9 316.9 319.8 327.2 333.8 332.9 334.6 332.4 331.5 331.0 4 Other securities 84.2 93.5 95.8 96.9 100.3 102.8 105.6 107.3 107.3 107.3 106.7 108.1 5 Loans and leases in bank credit (2) 980.0 1,025.2 1,036.3 1,045.9 1,050.7 1,064.6 1,074.3 1,068.4 1,067.9 1,068.0 1,066.4 1,068.6 6 Commercial and industrial 176.4 185.9 187.8 190.2 192.2 194.4 197.0 197.0 196.8 197.3 196.6 197.0 7 Real estate 530.0 561.0 569.8 575.8 580.4 590.4 596.7 597.1 596.2 596.8 597.0 599.2 8 Revolving home equity 28.1 28.7 28.9 29.2 29.1 29.6 29.6 29.3 29.3 29.3 29.2 29.3 9 Other 501.9 532.3 540.9 546.6 551.3 560.7 567.1 567.8 566.9 567.5 567.7 569.9 10 Consumer 203.4 199.6 198.8 199.4 198.0 199.7 202.2 199.4 199.4 199.4 199.4 198.1 11 Security (3) 5.3 6.0 6.1 6.3 6.5 6.7 6.4 6.0 6.2 6.0 5.8 6.0 12 Other loans and leases 64.9 72.7 73.8 74.2 73.7 73.4 72.0 68.9 69.3 68.5 67.7 68.3 13 Interbank loans 52.5 63.0 65.9 69.5 74.8 78.4 72.1 68.6 70.5 67.4 63.9 68.8 14 Cash assets (4) 64.2 64.0 64.3 67.2 66.4 70.4 71.0 70.9 69.5 75.7 67.8 68.1 15 Other assets (5) 56.0 64.6 64.2 66.8 67.8 72.9 72.8 73.1 72.6 71.0 70.6 79.6 16 TOTAL ASSETS (6) 1,529.4 1,603.5 1,621.8 1,643.5 1,660.1 1,696.4 1,709.6 1,701.4 1,702.6 1,701.9 1,687.2 1,704.4 L I A B I L I T I E S 17 Deposits 1,230.1 1,267.4 1,281.0 1,297.6 1,306.8 1,335.1 1,346.0 1,349.4 1,352.5 1,351.4 1,337.2 1,342.6 18 Transaction 286.4 280.4 279.5 284.4 282.2 289.1 296.7 288.9 286.9 292.8 284.2 285.5 19 Nontransaction 943.7 987.0 1,001.5 1,013.2 1,024.6 1,046.0 1,049.3 1,060.5 1,065.6 1,058.6 1,053.0 1,057.1 20 Large time 164.0 168.9 170.1 174.3 175.9 179.9 178.7 182.3 182.2 182.4 182.4 182.5 21 Other 779.7 818.1 831.5 838.8 848.8 866.1 870.6 878.2 883.4 876.2 870.6 874.6 22 Borrowings 150.5 163.4 164.2 168.6 174.7 181.8 186.9 183.9 182.6 186.2 186.0 181.3 23 From banks in the U.S. 69.3 79.2 79.4 81.0 82.6 85.7 87.7 83.0 82.4 84.5 83.4 80.1 24 From others 81.2 84.2 84.8 87.7 92.2 96.1 99.2 100.9 100.2 101.6 102.6 101.2 25 Net due to related foreign offices 4.2 3.7 3.7 3.7 4.7 3.6 3.6 3.0 3.1 2.7 2.8 2.8 26 Other liabilities 27.5 30.1 30.7 30.6 31.4 32.2 32.1 31.4 31.6 31.0 30.8 32.7 27 TOTAL LIABILITIES 1,412.4 1,464.5 1,479.6 1,500.5 1,517.6 1,552.6 1,568.6 1,567.7 1,569.8 1,571.2 1,556.8 1,559.4 28 Residual (assets less liabilities) (7) 117.0 139.0 142.2 143.0 142.5 143.8 141.0 133.7 132.8 130.7 130.4 145.0 MEMO 31 Mortgage-backed securities (9) 45.1 50.1 51.6 53.2 55.3 59.3 61.9 62.5 62.7 62.4 62.1 62.6 ------------------------------------------------- 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 February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 574.9 572.1 588.4 604.6 624.8 620.2 601.2 595.5 595.1 598.1 602.7 586.7 2 Securities in bank credit 199.6 201.1 212.4 215.4 222.0 223.9 216.8 219.2 218.8 219.4 222.8 217.1 3 U.S. government securities 83.5 91.0 94.1 82.2 80.2 80.5 81.0 84.1 83.2 83.6 86.6 84.2 4 Other securities 116.1 110.1 118.4 133.2 141.8 143.4 135.8 135.1 135.5 135.9 136.2 132.9 5 Loans and leases in bank credit (2) 375.2 371.0 376.0 389.2 402.8 396.3 384.4 376.2 376.3 378.6 379.8 369.7 6 Commercial and industrial 221.6 214.1 214.1 218.0 223.8 223.9 218.0 213.2 212.5 214.4 214.4 214.1 7 Real estate 27.6 23.9 23.9 23.6 23.3 22.0 20.7 20.8 20.9 20.7 20.7 21.1 11 Security (3) 56.3 62.0 64.2 67.6 69.6 65.0 66.0 68.7 69.0 71.0 70.5 63.1 12 Other loans and leases 69.8 70.9 73.9 80.0 86.1 85.4 79.7 73.5 73.9 72.6 74.4 71.4 13 Interbank loans 28.3 21.0 20.0 28.4 25.4 26.5 27.1 28.2 27.0 30.7 29.2 29.3 14 Cash assets (4) 33.4 35.0 33.8 34.0 35.4 33.5 33.9 35.2 36.0 37.8 33.4 32.6 15 Other assets (5) 40.7 34.1 35.7 37.9 39.2 36.6 39.1 38.1 38.3 40.1 36.6 37.1 16 TOTAL ASSETS (6) 677.0 661.9 677.6 704.5 724.5 716.5 701.0 696.7 696.1 706.3 701.7 685.4 L I A B I L I T I E S 17 Deposits 277.1 297.6 305.9 314.5 318.9 315.2 307.3 316.3 318.4 318.4 315.8 317.3 18 Transaction 11.7 13.7 12.3 15.3 15.2 12.3 10.7 12.4 11.9 12.8 12.6 13.0 19 Nontransaction 265.4 283.9 293.6 299.2 303.7 302.9 296.6 304.0 306.6 305.7 303.3 304.3 22 Borrowings 149.6 167.7 165.2 178.9 185.5 185.6 179.4 175.7 174.0 181.1 177.6 171.0 23 From banks in the U.S. 23.8 25.8 21.9 30.2 32.0 33.4 28.5 24.1 24.2 24.3 24.2 26.5 24 From others 125.8 141.9 143.3 148.8 153.5 152.2 150.9 151.7 149.8 156.8 153.5 144.5 25 Net due to related foreign offices 144.3 107.8 110.2 97.1 109.1 102.2 102.3 98.8 98.8 98.6 94.5 101.8 26 Other liabilities 96.9 93.5 99.3 104.0 107.4 102.3 100.8 97.2 98.3 97.3 97.6 95.5 27 TOTAL LIABILITIES 667.9 666.6 680.7 694.6 720.9 705.4 689.8 688.0 689.6 695.5 685.6 685.6 28 Residual (assets less liabilities) (7) 9.1 -4.7 -3.1 10.0 3.6 11.1 11.2 8.7 6.5 10.8 16.1 -0.2 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Page 12 ASSETS AND LIABILITIES OF FOREIGN-RELATED INSTITUTIONS IN THE UNITED STATES (1) Not seasonally adjusted, billions of dollars February 12, 1999 Account 1998 1998 1998 1998 1998 1998 1998 1999 Week ending Jan Jul Aug Sep Oct Nov Dec Jan Jan 13 Jan 20 Jan 27 Feb 3 -------- -------- -------- -------- -------- -------- -------- -------- ------- ------- ------- ------- A S S E T S 1 Bank credit 571.5 574.9 590.8 599.3 624.1 612.6 599.7 591.5 591.8 592.0 596.0 586.2 2 Securities in bank credit 194.1 203.9 216.6 212.0 222.3 218.6 212.6 213.1 213.3 211.7 215.5 213.9 3 U.S. government securities 81.5 90.7 94.8 82.2 80.8 81.4 80.7 82.0 81.9 81.3 83.1 83.0 3a Trading account 14.7 25.3 31.0 20.6 16.7 14.4 15.6 17.9 17.9 16.9 19.7 18.3 3b Investment account 66.8 65.4 63.8 61.6 64.1 67.0 65.2 64.1 64.0 64.5 63.4 64.7 4 Other securities 112.6 113.2 121.7 129.8 141.5 137.2 131.9 131.1 131.4 130.4 132.4 130.9 4a Trading account 70.4 70.7 76.5 84.8 91.8 84.3 79.6 79.8 79.6 78.7 82.4 81.1 4b Investment account 42.2 42.5 45.2 45.0 49.8 52.8 52.3 51.3 51.8 51.7 50.0 49.8 5 Loans and leases in bank credit (2) 377.5 371.1 374.3 387.3 401.8 394.0 387.0 378.4 378.4 380.3 380.5 372.2 6 Commercial and industrial 222.4 213.9 213.0 216.9 223.7 223.6 218.9 214.1 213.5 214.9 214.6 214.3 7 Real estate 27.6 23.7 23.7 23.5 23.5 22.3 20.8 20.8 21.0 20.7 20.6 21.2 11 Security (3) 56.4 61.4 63.4 67.4 69.7 64.7 67.1 68.8 69.0 71.0 70.0 63.7 12 Other loans and leases 71.0 72.1 74.2 79.5 84.8 83.5 80.3 74.7 75.0 73.7 75.3 73.1 13 Interbank loans 28.3 21.0 20.0 28.4 25.4 26.5 27.1 28.2 27.0 30.7 29.2 29.3 14 Cash assets (4) 33.4 34.8 33.8 34.1 35.7 34.4 35.5 35.1 36.0 37.4 33.1 32.1 15 Other assets (5) 41.1 33.7 36.5 37.9 38.3 37.0 39.8 38.6 39.0 40.0 37.0 38.2 16 TOTAL ASSETS (6) 674.1 664.2 680.9 699.4 723.2 710.3 701.8 693.1 693.5 699.9 695.1 685.5 L I A B I L I T I E S 17 Deposits 275.1 295.8 304.6 316.1 318.4 314.2 310.5 314.1 315.7 315.3 314.7 314.9 18 Transaction 11.6 13.8 12.2 15.9 15.2 12.3 11.2 12.3 11.8 12.7 12.2 12.8 19 Nontransaction 263.5 282.0 292.4 300.1 303.1 302.0 299.3 301.8 303.9 302.6 302.5 302.1 22 Borrowings 149.6 167.7 165.2 178.9 185.5 185.6 179.4 175.7 174.0 181.1 177.6 171.0 23 From banks in the U.S. 23.8 25.8 21.9 30.2 32.0 33.4 28.5 24.1 24.2 24.3 24.2 26.5 24 From others 125.8 141.9 143.3 148.8 153.5 152.2 150.9 151.7 149.8 156.8 153.5 144.5 25 Net due to related foreign offices 149.1 104.2 106.9 95.6 108.1 102.9 106.9 102.9 102.8 102.8 101.3 101.3 26 Other liabilities 97.0 92.8 99.3 103.7 107.1 103.7 101.7 97.3 98.0 97.1 98.4 96.2 27 TOTAL LIABILITIES 670.8 660.5 676.0 694.3 719.1 706.4 698.4 690.1 690.6 696.3 692.1 683.3 28 Residual (assets less liabilities) (7) 3.3 3.6 4.9 5.2 4.1 3.9 3.3 3.0 2.9 3.6 3.0 2.2 MEMO 29 Reval. gains on off-bal. sheet items (8) 44.5 41.9 44.2 48.7 52.0 47.9 48.1 46.0 46.7 45.7 45.4 46.2 30 Reval. losses on off-bal. sheet items (8) 43.2 40.2 42.2 45.4 47.6 44.2 44.5 42.1 42.9 42.2 41.6 41.8 ------------------------------------------------- Footnotes appear on page 13. H.8 (510) Footnotes Page 13 February 12, 1999 Current and historical H.8 data are available on the Federal Reserve Board's web site (http://www.federalreserve.gov). For information about individual copies or subscriptions, contact Publications Services at the Federal Reserve Board (phone 202-452-3244, fax 202-728-5886). For paid electronic access to current and historical data, call STAT-USA at 1-800-782-8872 or 202-482-1986. 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 aquired $5.4 billion in assets and liabilities of nonbank institutions in the week ending February 3, 1999. The major asset items affected were (in billions): cash assets, $0.1; commercial and industrial loans, other $2.0; lease financing receivables, $3.4; and other assets, $0.1. The major liability items affected were: borrowings from others, $5.0 and other liabilities, $0.4.