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FEDERAL RESERVE statistical release
G.21 (423)

COMMERCIAL AND INDUSTRIAL LOAN COMMITMENTS
AT SELECTED LARGE COMMERCIAL BANKS
Table 1
UNUSED COMMITMENTS
Billions of dollars, seasonally adjusted
Month-end

For Immediate r e l e a s e
August 7 , , 1984
Total 1

term*

Formalized agreements
revolving3

other 4

Confirmed
lines 5

1982—November
December

324.1
325.4

15.5
15.8

146.1
148.0

14.2
13.7

148.3
147.9

1983—January
February
March
April
May
June*
July
August
September
October
November
December

326.7
329.3
331.2
331.7
333.2
331.7
329.4
332.5
340.5
345.7
348.0
347.9

15.6
15.5
14.8
14.7
15.2
15.3
14.9
15.4
16.0
16.5
15.6
15.6

150.8
152.3
155.4
157.9
159.3
162.4
162.1
162.0
165.7
168.7
171.1
172.7

13.2
13.4
14.2
14.2
14.7
10.4
9.8
10.1
10.1
10.5
10.5
10.4

147.1
148.1
146.8
145.0
144.1
143.7
142.5
145.0
148.7
150.0
150.8
149.2

1984—January**
February
March
April
May
June

350.8
350.7
361.7
363.8
365.Or
364.8

15.6
15.5
15.8
15.5
16.6r
17.2

176.4
177.9
187.4
190.4r
189.4r
186.9

r—revised.
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.
2. Commitments for term loans are those for loans with an original
maturity of more than one year.
3. 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.
4. Other commitments are 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.
5. 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 121 weekly reporting banks accounting, as of year end 1982, for 58 percent of all commercial and industrial
loans made at U.S. offices of all domestically chartered commercial banks.




8.5
8.1
8.9
8.8
9.1
9.6

150.4
149.2
149.7
149.1
150.Or
151.1

"Bank reclassifcations of unused loan commitments produced a break
in series in June 1983. In June 1983, commitments to C&l firms were lowered by $3.0 billion. The correction of commitments to C&l firms included
a drop in term loan commitments of $0.3 billion, an increase of $2.5 billion in revolving credit commitments, and a decline of $5.3 billion in other
commitments, respectively. Revisions to back data are not available.
**A merger between a reporting bank and a nonreporting bank caused
a break in series In January 1984. Unused C&l commitments were increased by $0.5 billion. The increase In unused C&l commitments was
concentrated in confirmed lines, which increased $0.4 billion. Revisions
to back data are not available.
Individual items may not add to totals due to rounding.

Table 2
OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
Billions of dollars, seasonally adjusted
Month-end

Total 1

term 2

Formalized agreements
revolving:*

other 4

Confirmed
lines 5

1982—November
December

156.9
155.8

47.9
48.3

62.6
62.6

11.8
11.4

34.6
33.5

1983--January
February
March
April
May
June*
July
August
September
y October
November
December

155.2
157.1
156.4
153.8
152.9
151.8
151.2
150.9
149.2
149.9
150.2
153.6

48.5
48.7
48.9
48.4
48.4
48.6
48.9
49.4
48.3
48.7
49.5
50.1

60.8
63.6
62.7
62.0
61.6
62.9
62.8
62.6
62.1
62.1
61.4
62.9

11.2
11.1
11.0
10.8
10.7
8.0
7.8
7.9
8.2
8.5
9.1
8.9

34.8
33.8
33.8
32.6
32.3
32.3
31.8
31.0
30.5
30.7
30.3
31.7

19 8 4 - r J a n u a r y * *
February
March
April
May
June

151.8
156.5
161.5
165.5
167.2r
170.6

49.1
49.8
51.2
51.0
51.Or
51.4

61.7
64.1
66.2
68.3
70.9
73.1

8.1
8.4
8.6
8.8
8.7
9.1

32.9
34.1
35.5
37.4
36.7r
37.0

"June 1983 data reflect breaks in series owing to bank reclassifications
r—revised.
1. Loans made under commitments are outstanding loans to commer- of outstanding loans. In June 1983, loans to commercial and industrial
cial and industrial firms, less repayments of principal, made under com- firms were lowered by $1.6 billion. The correction of outstanding commercial and industrial loans lowered term loans by $0.3 billion, raised
mitments currently or previously in force.
2. Term loans are loans with an original maturity of more than 1 year. revolving credit loans by $1.5 billion, and reduced other loans by 2.8 bil3. Loans made under revolving credits are loans under agreements lion. Revisions to back data are not available.
**A merger between a reporting bank and a nonreporting bank caused
whereby the borrower may draw down and repay loans at will with no
repayment penalty and under which the commitment rebounds by an equal a break in series in January 1984. Outstanding C&l loans made under commitments were increased by $0.2 billion. The increase in outstanding loans
amount after a takedown has been repaid.
4. Loans made under other commitments are loans made under expres- was concentrated in confirmed lines, which increased $0.2 billion. Revisions of willingness to lend, other than for term loans and revolving sions to back data are not available.
Individual items may not add to totals due to rounding.
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.
5. Loans 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 121 weekly reporting banks accounting, as of year end 1982, for 58 percent of all commercial and industrial
loans made at U.S. offices of all domestically chartered commercial banks.




Table 3
UNUSED COMMITMENTS
Billions of dollars, not seasonally adjusted
Formalized agreements
revolving3

other 4

16.0

15.7

147.1
148.3

14.3
13.8

328.7
330.9
331.0
330.3
330.9
327.8
330.6
335.1
339.7
345.0
348.8
349.1

15.5
15.4
14.8
14.6
15.1
15.2
15.1
15.6
15.7
16.4
15.8
15.8

151.1
151.8
154.2
156.2
156.9
160.4
163.2
164.9
166.9
170.0
172.3
173.0

13.7
14.3
14.3
14.4
14.6
9.6
9.2

352.8
351.9
361.2
362.0
362.3r
360.6

15.4
15.5
15.8
15.4
16.5r
17.1

176.7
177.3
185.9
188.3
186.6r
184.6

Total 1

term*

19 82—November
December

324.8
326.6

1983—January
February
March
April
May
June*
July
August
September
October
November
December
1984—January**
February
March
April
May
June

Month-end

NOTE: See Table 1 for footnotes.




10.0
9.9
10.4
10.5
10.4
8.9

8.6
8.9
9.0
9.0

8.8

Table 4
OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
Billions of dollars, not seasonally adjusted
Month-end

Total 1

term 2

Formalized agreements
revolving3

other 4

63.1
65.0

11.5

1982—November
December

158.1
159.0

47.7
48.5

1983—January
February
March
April
MayJune*
July
August
September
October
November
December

156.1
156.3
156.4
153.9
152.4
151.3
149.2
148.5
150.0
150.0
151.3
156.8

48.6
48.6
48.8
48.5
48.4
48.6
49.0
49.1
48.4
48.8
49.3
50.4

1984—January**
February
March
April
May
June

152.7
155.7
161.5
165.5
166.5r
170.0

49.1
49.8
51.1
51.1
51.Or
51.3

NOTE: See Table 2 for footnotes.




62.6
63.8
63.3

62.2
61.3
62.4

61.1

11.6
11.2
11.0
10.9
10.9
10.9

8.2

60.4

7.9
7.9

61.6

8.2

61.3
61.9
65.4

8.3
8.9
9*0

63.6
64.4

8.1

66.8
68.6
70.6r
72.6

8.3
8.5

8.8
8.8
9.3

Confirmed
lines 5
35.6
33.9
33.7
32.9
33.5
32.2
31.8
32.1
31.2
31.1
31.8
31.5
31.2
32.1
31.9
33.3
35.1
37.0
36.2r
36.8