View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL
statistical

RESERVE
release
February 1979

G. 20
Finance Companies - December 1978
Outstanding Consumer Credit Held by Finance Companies
(In millions of dollars)

Type of credit

December 31,
1978

Seasonally adjusted
increase or decrease (-) during:
1978
October
November
December

Consumer instalment credit
Retail automotive (passenger
cars)

52,605

788

937

1,070

18,121

284

464

499

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans

3,191
6,176
229
24,888

5
124
9
366

20
126
8
319

9
158
12
392

Consumer Credit Extended and Repaid at Finance Companies
(Seasonally adjusted, in millions of dollars)

Type of credit

Extended by finance cos.
Repaid to finance cos.
1978
1
1978
Orfnhpr November December October
November
December

Consumer instalment credit
Retail automotive (passenger
cars)

4,424

4,394

4,551

3,636

3,457

3,481

1,357

1,424

1,511

1,073

960

1,012

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans

79
640
20
2,328

80
632
21
2,237

72
689
22
2,257

74
516
11
1,962

60
506
13
1,918

63
531
10
1,865




;#

~2"

G.20

#

Outstanding Business Credit Held by Finance Companies
(In millions of dollars)
Seasonally adjusted
increase or decrease i-) during:
1978
December 31
Type of credit
October
1978
November ...4 December
"

Business credit
Retail automotive (commercial
vehicles
Wholesale automotive
Retail paper on business, industrial and farm equipment
Loans on commercial accounts
receivable
Factored commercial accounts
receivable
All other business credit

!

63,348

704

1,210

1,271

14,562
12,744

214
103

229
591

245
551

16,759

160

226

20

4,294

-202

-49

262

2,536
12,453

291
138

209
4

1

32
161

j

Business Credit Extended and Repaid at Finanec Companies
(Seasonally adjusted, in millions of dollars)

Type of credit
Business credit
Retail automotive (commercial
vehicles)
Wholesale automotive
Retail paper on business, industrial and farm equipment
Loans on commercial accounts
receivable
Factored commercial accounts
receivable
All other business credit




Repaid to finance cos.
Extended by finance cos.
1978
1978
October November 1December October November December
15,078

16,293 1
i 17,680

i

14,374

15,083

16,409

1,237
6,171

1,260
6,946

1,308
6,967

1,023
6,068

1,041

1,159

1,790

881

933

1,770

3,233

3,310

4,110

3,435

3,359

3,848

1,543
1,853

1,776
1,842

1,550
1,955

1,252
1,715

1,567
1,838

1,518
1,794

1,031
1,063
6,355 1i 6,416
1

Change in Extensions and Repayments
(Seasonally adjusted, in millions of dollars)
Change in extensions from: Change in repayments from:
Month ago
Year ago
Month ago
Year ago

Type of credit
Consumer instalment credit
Retail automotive (passenger
car)

157

808

24

236

87

368

52

-5

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans

-8
57
1
20

12
134
12
282

3
25
-3
-53

-5
101
2
143

1,387

4,294

1,326

3,929

48
21

152
1,236

32
61

239
979

631

787

837

863

800

1,776

489

1,567

-226
113

-49
392

-49
-44

-124
405

Business credit
Retail automotive (commercial
vehicles)
Wholesale automotive
Retail paper on business, industrial and farm equipment
Loans on commercial accounts
receivable
Factored commercial accounts
receivable
All other business credit

Number of Motor Vehicles Financed at Retail by Finance Companies
(In thousands)
Type of vehicle

December 31,
1978

Total financed at retail
i
New passenger
Used passenger
New and used commercial

Month
ago

Change from:
Year
ago

431

38

11

128
94
209

-7
-5
50

20
4
47

Selected Liabilities of Finance Companies
(In millions of dollars)

Type of liability
Bank loans (excl. commercial
paper)
Commercial paper
Directly placed
Dealer placed



December 31,
1978
6,462
34,509
30,722
3,787

Seasonally adjusted increase or decrease
(-) during:
October

November

December

-73
321
287
34

-278
2,658
1,896
762

630
888
644
244

G.20

-4Outstandlng Assets and Liabilities of Domestic Finance Companies
(Millions of dollars)

Dec. .31
1978

Seasonsilly adjusted increase or decrease (-) during:
L~.-- - •'1978
197 7 -IQ
HQ
IV0
IIIQ
IVQ

Assets
Gross accounts receivable
Consumer credit
Business credit
Less: Reserves for unearned income and losses
Net accounts receivable

115,953
52,605
63,348

4,454
1,527
2,927

3,580
1,532
2,048

4,029
2,097
1,932

2,855
2,089
766

5,980
2,795
3,185

15,589
100,364

1,000
3,454

273
3,307

918
3,111

179
2,676

909
5,071

,

Cash and non-interestbearing deposits
Time deposits (incl. cd.'s)
U.S. Government securities
Other marketable securities
All other assets

2,855
636
304
948
17,317

103
13
23
-879
280

-95
-24
-23
172
300

173
179
46
132
626

-202
-36
-69
359
1,122

57
261
203
-843
-686

4

122,424

4,479

3,308

4,090

3,390

5,481

Bank loans (excl. Com' 1
paper)
Commercial paper
Directly placed
Dealer placed
Short-term debt, nec.

6,462
34,509
30,722
3,787
8,135

41
3,476
2,876
600
677

482
203
221
-18
-937

-705
1,902
1,767
135
1,180

598
-598
90
—688
275

279
3,867
2,827
1,040
700

Long-term debt, nec.
All other liabilities

43,562
913
12,593 -1,016

2,100
838

1,982
82

1,705
648

327
35

Capital, surplus, and
undivided profits

17,163

810

303

1,329

-385

Total assets

1

Liabilities

Total liabilities and
capital




707

1

*

4
122,424

4,479

3,308

4,090

3,390

5,481