Full text of G.21 Commercial and Industrial Loan Commitments at Selected Large Commercial Banks : April 14, 1976

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RESERVE

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1

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BAN Kb
Table 1

G 21

UNUSED COMMITMENTS

April 14, 1976

IN BILLIONS OF DOLLARS
To c o m m e r c i a l a n d i n d u s t r i a l f i r m s
Month-end

1975—January
February
March
April
May
June
July
August
September
October
November
December
1976—January
February

Total
unused
commitments1

Formalized agreements
Total

Term2

Revolving

Other4

To n o n b a n k
financial
institutions

For r e a l
estate
loans

140.7
142.4
142.7

105.1
105.6
106.5

6.2
6.1
6.0

27.9
28.8
29.4

4.4
4.4
4.2

66.6
66.4
66.9

29.6
31.0
30.7

6.0
5.7
5.5

145.8
148.5
147.7

109.4
111.9
112.3

6.3
6.2
6.1

30.5
31.0
31.2

4.3
4.5
4.4

68.3
70.3
70.6

31.1
31.4
30.3

5.2
5.1
5.1

149.8
152.8
152.0
153.4
153.1
155.7

114.4
116.8
116.5
117.0
117.2
119.4

6.0
6.2
6.3
6.5
6.4
6.2

32.3
32.9
33.4
33.8
34.5
35.3

4.3
4.7
4.8
5.0
4.8
4.9

71.8
73.0
72.0
71.7
71.5
73.0

30.5
31.0
30.6
31.8
31.3
31.7

4.9
5.0
4.9
4.6
4.5
4.6

157.2
156.5

120.9
120.4

6.2
6.1

34.8
34.5

5.2
5.0

74.8
74.8

31.8
31.6

4.5
4,5

1
Unused commitments are the amounts still 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 formally 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.
^Revolving 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-




3

Confirmed
lines 5

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 136 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
To c o m m e r c i a l a n d i n d u s t r i a l f i r m s
Month-end

1975—January
February
March
April
May
June
July
August
September
October
'November
December
1976—January
February

Total l o a n s
made under
commitments1

Formalized a g r e e m e n t s
Total

Term2

Revolving3

Other4

Confirmed
lines5

To n o n b a n k
financial
institutions

Real
estate
loans

137.3
135.3
133.8

93.8
91.5
90.3

27.0
26.9
26.6

28.8
27.7
28.1

6.6
6.5
6.1

31.4
30.5
29.5

22.4
22.6
22.8

21.1
21.2
20.7

132.7
129.3
130.4

89.5
86.6
86.6

27.3
26.9
27.0

27.9
26.7
26.7

6.1
5.8
5.8

28.2
27.1
27.1

22.1
21.9
22.9

21.1
20.9
20.9

128.4 125.6
127.5
125.8
126.1
124.8

85.2
83.1
85.0
84.4
84.7
84.1

27.5
27.3
27.6
27.9
28.1
28.5

26.3
25.3
25.9
25.1
24.7
24.0

5.5
5.2
5.4
5.4
5.6
5.6

26.0
25.2
26.2
26.0
26.2
26.1

22.1
21.5
21.3
19.9
20.3
20.0

21.1
21.0
21.2
21.6
21.1
20.7

122.4
121.6

82.0
81.0

29.0
28.8

23.4
22.9

5.7
5.5

23.9
23.9

19.2
19.6

21.1
21.0

1 Loans made under commitments are all outstanding loans, less repayments of principal, made
under commitments currently or previously in force.
^Term loans are loans with an original maturity of more than 1 year.
3Loans made under revolving credits are loans under agreements whereby the borrower may
draw down 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.
4Loans made under other commitments are loans made under expressions of willingness to
land, other than for term loans and revolving 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.
SLoans made under confirmed lines of credit are loans made under general expressions of
willingness to lend, other than for term loans or revolving credits, that are made known to the cus
tomer but are not characterized by detailed formal agreements specifying the terms and condition*
under which a loan is to be made,
NOTE.—Included in this series are 136 weekly reporting banks; these banks account for approximately 85 per cent of all commercial and industrial loans, 96 per cent of all nonbank financial
loans, and 75 per cent of ail real estate loans of all weekly reporting banks. Individual items may
not add to totals due to rounding.