Full text of G.21 Commercial and Industrial Loan Commitments at Selected Large Commercial Banks : January 10, 1977

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FEDERAL

RESERVE

stat i st i c a I

release

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS
Table 1

G.21

UNUSED COMMITMENTS

January 10, 1977

IN BILLIONS OF DOLLARS

Month-end

Total
unused
commitments

To commercial and industrial firms
Formalized agreements
Total

Revolving 3

Term2

Other 4

Confirmed
lines 5

To nonbank
financial
institutions

For real
estate
loans

1975—August
September
October
November
December

152.8
151.7
153.1
152.8
155.4

116.8
116.3
116.7
117.0
119.1

6.2
6.3
6.5
6.4
6.2

32.9
33.4
33.7
34.5
35.3

4.7
4.8
5.0
4.8
4.9

73.0
•71.8
•71.5
71.3
72.7

31.0
30.5
31.8
31.3
31.7

5.0
4.9
4.6
4.5
4.6

1976—January
February
March
April
May
June
July
August
Sep tember
October

156.9
156.2
158.1
157.6
158.1
•158.3
.156.3
160.0
160.1
161.6

120.6
120.1
121.1
120.7
120.7
121.5
119.4
122.4
122.4
123.8

6.2
6.1
6.2
6.0
6.0
6.2
6.1
6.3
6.3
6.4

•34.7
34.5
•35.1
•35.1
34.6
35.1
34.5
35.4
35.3
35.0

5.1
5.0
5.1
5.0
5.2
4.7
4.6
4.8
4.8
4.8

74.6
74.6
74.7
74.6
74.9
75.5
74.3
75.9
76.0
77.6

31.8
31.6
32.1
32.3
32.6
31.9
32.0
32.6
32.7
: 12.5

4.5
4.5
4.9
4.7
4.9
5.0
5.0
5.0
5.1
5.3

1Unused commitments are the amounts s#l available for lending under official promises to
lend that are expressly conveyed to the bank's customers orally or in writing, usually in the form of
a formeWy executed agreement signed by one of the bank's officers.
^Commitments for term loans are those for loans with an original maturity of more than 1 year.
3Revolving credits are commitment agreements whereby the borrower may draw and repay
loans at will with no repayment penalty and under which the commitment rebounds by an equal
amount after a takedown has been repaid.
*Other commitments are expressions of willingness to lend, other than for term loans and re-




volving credits, that are made known to the customer and are characterized by detailed formal
agreements specifying the terms and conditions under which a loan is to be made.
^Confirmed lines of credit represent general expressions of willingness to lend, other than for
term loans or revolving credits, that are made known to the customer but are not characterized by
detailed formal agreements specifying the terms and conditions under which a loan is to be made.
NOTE.—Included in this series are 13fe weekly reporting banks; these banks account for
approximately 85 per cent of commercial and industrial loans, 95 per cent of nonbank financial
loans, and 75 per cent of real estate loans of all weekly reporting banks. Individual items may not
add to totals due to rounding.

G.21

Table 2

OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
IN BILLIONS OF DOLLARS

Month-end

Total loans
made under 1
commitments

To commercial and industrial firms
Formalized agreements
Total

Revolving3

Term2

Other4

Confirmed
lines5

To nonbank
financial
institutions

Real
estate
loans

1975—August
September
October
N ovember
December

125.6
127.3
125.6
125.8
124.6

83.1
84.8
84.2
84.5
83.9

27.3
27.6
27.8
28.0
28.4

25.3
25.8
25.1
24.7
23.9

5.2
5.4
5.4
5.6
5.6

25.2
26.1
25.9
26.1
26.0

21.5
21,3
19.9
20.3
20.0

21.0
21,2
21,5
21.1
20.7

1976—January
February
March
April
May
June
July
August
September
October

122.1
121.3
119.4
117.8
117.2
117.8
115.3
115.2
117.3
117 .5

81.8
80.7
79.2
78.3
77.7
78.4
76.8
76.8
78.6
78.9

28.9
28.7
28.3
28.1
27.9
27.8
27.8
27.7
28. 3
28.6

23.4
22.9
21.9
21.9
21.8
21.8
21.0
21.2
" 21.5
21.4

5.7
5.5
5.7
5.6
5.7
5.9
5.3
5.3
5.7
5.6

23.8
23.8
23.3
22.7
22.4
22.9
22.7
22.5
23.1
23.3

19.2
19.6
18,8
18.1
17.9
17.8
17,0
16.9
16.8
16.8

21.1
21.0
21.4
21.5
21.7
21.6
21.5
21.5
21.9
21.8

1
Loans made under commitments are all outstanding loans, less repayments of principal, made
under commitments currently or previously in force.
2"Term loans are loans with an original maturity of more than 1 year.
3toans made under revolving credits are loans under agreements whereby the borrower may
draw down and repay loans at wit! with no repayment penalty and under which the commitment
rebounds by an equal amount after a takedown has been repaid.
4Loans made under other commitments are loans made under expressions of willingness to
lend, other than for term loans and revolving credits, that are made known to the customer and are
 by detailed formal agreements specifying the terms and conditions under which a loan
characterized



is to be made.
SLoans made under confirmed lines of credit are loans made under general expressions of
willingness to lend, other then for term loans or revolving credits, that are made known to the customer but are not characterized by detailed formal agreements specifying the terms and conditions
under whkh a loan is to be made.
NOTE.-lnckided in this series are 135 weekly reporting banks; these banks account for approximately 86 per cent of all commercial and indws$rW loans, 95 per cent of all nonbank financial
loans, and 75 per cent of all real estate loans of all weekly reporting banks. Individual items may
not add to totals due to rounding.