Full text of G.21 Commercial and Industrial Loan Commitments at Selected Large Commercial Banks : August 1979

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FEDERAL RESERVE
0.21(423)

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS
Table 1

UNUSED COMMITMENTS
M HLLIONS OF DOLLARS

Month-end

1978—January
February
March
April
May
June
July
August
September
October
November
December
1979—January
February
March
April
May
June

Total unused
commitments 1

August, 1979

To commercial and industrial dm*
Total

173.1
174.2
170.5
173.3
173.3
174.4
179.4
184.2
185.1
185.6
190.2
194.1

137.4
137.1
133.4
135.9
136.1
136.8
141.7
146.5
146.7
147.5
151.5
154.5

199.3
200.5
204.2
204.0
207.6
210.0

158.4
159.0
162.3
162.9
165.8
167.7

Formalized agreements
Term2

8.6
8.7

8.6

8.8
8.6
8.8
9.2
9.8
9.3
9.4
9.9

10.6
10.9

10.8

11.2
11.1
11.5

11.6

^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 yeer.
^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


statistical release

Revolving3

Other 4

39.1
38.3
36.5
37.4
37.6
37.7
40.4
42.9
43.7
43.5
45.3
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

48.0
48.3
49.4
49.6
49.7
49.2

7.6
7.5
7.8
7.1
7.6
6.9

Confirmed lines
83.5
83.7
81.4

82.8

83.2
84.3
85.9
87.1
87.2

88.0

89.4
90.3
91.9
92.4
94.0
95.1
97.0

100.0

6

To nonbank
financial
institutions
35.7
37.1
37.1
37.4
37.1
37.6
37.7
37.7
38.4
38.1
38.7
39.6
40.9
41.5
41.8
41.1
41.7
42.2

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 134 weekly reporting banks; these banks account for
approximately 86 per cent of commercial and industrial loans, and 96 percent of nonbank financial
loans. Individual items may not add to totals due to rounding.

4*1(423)

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

To commercial and Industrial Amis
Month-end

1978—January
February
March
April
May
June
July
August
September
October
November
December
1979—January
February
March
April
May
June

Total loans
made under

97.2
98.9

101.2

104.5
108.0
109.4
109.6
109.8
111.9
113.8
115.3
117.1
115.6
117.1
119.6
121.9
122.5

126.2

RxmaSzed agreements
Total

81.6
83.4
85.2
88.5
91.4
92.3
92.0
92.2
94.2
95.3
97.0
98.7
97.8
99.6

102.2
104.1
104.7
107.5

Term2

29.6
30.9
30.5
32.6
34.1
34.2
34.1
35.3
35.7
36.0
36.2
36.9
37.7
37.9
38.6
39.1
39.3
39.7

1 Loans mede 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.
ZTerm loans are loans with an original maturity of more than t year.
3 Loans 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
lend, other than for term loans and revolving credits, that are made known to the customer and are




RevoMng 3

20.4
20.7
21.4
21.6
22.3

22.6

23.1
22.7
23.2
23.5
24.3
25.2
25.2
25.9

26.6

27.1
27.4

28.0

Other4

7.8
7.7
7.9
8.4
8.4

Confirmed lines

9.1
9.3

24.4
24.9
25.7
25.9
26.5
27.0
26.7
25.8
26.9
27.1
27.5
27.3

9.0
8.9
9.0
9.3
9.5
9.8

25.9
27.0
27.9
28.5
28.5
30.0

8.6
8.2

8.4
8.4

8.8

5

To nonbenk
financial
Institutions

15.6
15.5

16.0

15.9

16.6

17.1
17.6
17.6
17.7
18.4
18.3
18.5
17.8
17.4
17.4
17.8
17.8

18.8

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 ternfi 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 96 per cent of all nonbank
financial loans. Individual items may not add to totals due to rounding.