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FEDERAL

RESERVE

statistical

release

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS
0.21 ( 4 2 3 )

Table 1

UNUSED COMMITMENTS

April, 1979

IN BILLIONS OF DOLLARS

To commercial and industrial firms
Month-end

Total unused
commitments 1

Formalized agreements
Total

Term2

Revolving 3

Other 4

Confirmed lines

5

To nonbank
financial
institutions

1977—September
October
November
December

163.3
165.5
169.3
171.2

129.8
131.3
134.9
136.3

7.6
8.3
8.5
8.6

35.1
37.1
37.7
38.9

6.9
6.7
7.9
7.3

81.2
80.1
81.9
82.8

33.5
34.2
34.3
34.9

1978—January
February
March
April
May
June
July
August

173.1
174.2
170.5
173.3
173.3
174.4
179.4
184.2
185.1
185.6
190.3
194.2

137.4
137.1
133.4
135.9
136.1
136.8
141.7
146.5
146.7
147.5
151.5
154.6

8.6
8.7
8.6
8.8
8.6
8.8
9.2
9.8
9.3
9.4
9.9
10.7

39.1
38.3
36.5
37.4
37.6
37.7
40.4
42.9
43.7
43.5
45.4
46.3

7.9
7.7
7.9
6.9
6.5
5.9
6.3
6.7
6.5
6.5
6.9
7.3

83.5
83.7
81.4
82.8
83.2
84.3
85.9
87.1
87.2
88.0
89.3
90.3

35.7
37.1
37.1
37.4
37.1
37.6
37.7
37.7
38.4
38.1
38.7
39.6

199.3
200.6

158.5
159.1

10.9
10.8

48.0
48.2

7.6
7.6

91.9
92.4

40.8
41.5

September
October
November
December

1979—January
February

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.
40ther
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.
SConfirmed 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, and 95 per cent of nonbank financial
loans. Individual items may not add to totals due to rounding.

0.21 (423)

Table 2

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

To commercial and industrial firms
Month-end

Total loans
made under
commitments'1

Formalized agreements
Total

Term2

Revolving3

Other 4

Confirmed lines5

To nonbank
financial
institutions

1977—September
October
November
December

96.0
97.6
97.8
98.4

80.0
81.5
81.5
81.6

28.9
29.8
29.5
29.7

19.6
20.0
20.6
20.4

7.4
7.3
7.1
7.8

24.5
24.8
24.9
24.2

16.0
16.1
16.3
16.9

1978—January
February
March
April
May
June
July
Augus t
September
October
November
December

97.2
98.9
101.2
104.5
108.0
109.4
109.6
109.8
111.9
113.8
115.4
117.1

81.6
83.4
85.2
88.5
91.4
92.3
92.0
92.2
94.2
95.3
97.2
98.7

29.6
30.9
30.5
32.6
34.1
34.2
34.1
35.3
35.7
36.0
36.2
36.9

20.4
20.7
21.4
21.6
22.3
22.6
23.1
22.7
23.2
23.5
24.5
25.2

7.8
7.7
7.9
8.4
8.4
8.6
8.2
8.4
8.4
8.8
9.1
9.3

24.4
24.9
25.7
25.9
26.5
27.0
26.7
25.8
26.9
27.1
27.4
27.3

15.6
15.5
16.0
15.9
16.6
17.1
17.6
17.6
17.7
18.4
18.2
18.5

1979—January
February

115.5
117.1

97.7
99.6

37.7
37.9

25.2
25.8

9.0
9.0

25.9
26.9

17.8
17.5

1 Loans made under commitments are outstanding loans to commercial and industrial firms
and nonbank financial institutions, less repayments of principal, made under commitments currently or previously in force.
2jerm 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.
^Loans 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




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 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 134 weekly reporting banks; these banks account for
approximately 85 per cent of all commercial and industrial loans, and 95 per cent of all nonbank
financial loans. Individual items may not add to totals due to rounding.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102