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FEDERAL RESERVE statistical release
' • fIal Rt^. •"

G.21 (423)

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS

Table 1
UNUSED COMMITMENTS
Billions of dollars, seasonally adjusted
Month-end

Total unused
commitments 1

total

To commercial and industrial firms
formalized agreements
other4
term 2
revolving3

For immediate r e l e a s e
December 6, 1983

confirmed
Iines5

To nonbank
financial
institutions

L982—March
April
May
June
July
August
September
October
November
December

374.4
372.9
376.0
378.9
379.3
381.5
381.9
381.8
384.4
386.7

315.1
314.7
316.7
319.0
319.7
321.1
321.6
321.1
323.9
325.4

17.2
16.9
16.2
15.4
15.7
15.6
14.9
15.3
15.5
15.8

133.0
133.4
136.4
138.7
140.6
141.2
142.5
143.1
146.0
148.0

13.9
13.8
13.8
15.2
15.1
14.1
13.8
14.1
14.2
13.7

151.1
150.6
150.2
149.7
148.3
150.3
150.4
148.6
148.2
147.9

59.2
58.2
59.4
59.9
59.6
60.3
60.3
60.7
60.5
61.3

.983—January
February
March
April
May
June*
July
August
September
October

387.8
390.2
391.6
393.2
393.5
392.1
389.7
393.5r
402.7r
408.0

326.8
329.3
330.7
332.0
333.3
331.6
329.3
332.5r
340.5r
345.7

15.6
15.5
14.8
14.7
15.2
15.2
14.9
15.4
16.0
16.5

151.0
152.3
155.6
158.1
159.3
162.3
162.1
162.0
165.7
168.6

13.2
13.4
13.5
14.2
14.7
10.4
9.8
10.1
10.lr
10.6

147.0
148.1
146.8
145.0
144.1
143.7
142.5
145.Or
148.7r
150.0

61.0
60.9
60.9
61.2
60.2
60.5
60.4
61.0
62.2
62.3

r—revised.
1. Unused commitments are the amounts still available fortendingunder
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 terms are ttio*se for loans with an original
maturity of n w e tbaa one yew.
3. Revolving credits are commitment agreements whereby the borrower
may draw and repay loans at wiii 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 ican Is to be made.
NOTE: Included in this series are 122 weekly reporting banks accounting, as of year end 1982, for 68 percent of all commercial and industrial
loans and 88 percent of all loans to nonbank financial Institutions made
at U.S. offices of all domes* caliy chartered commercial banks.



*Bank reclassifications of unused loan commitments produced breaks
in series in May and September 1982 and in June 1983. In May 1982, corrections lowered unused commitments to nonbank financial institutions
by $0.3 billion and to commercial and industrial (C&l) firms by $1.0 billion.
The correction of commitments to C&l firms included a $0.6 billion drop
in term loan commitments, an increase of $1.7 billion in revolving credit
commitments, and declines of $0.1 billion and $2.0 billion in "other" and
confirmed-line commitments, respectively. In September, corrections
lowered unused commitments to nonbank financial institutions by $0.8
billion and to C&l firms by $3.2 billion. The corrections to commitments
to C&l firms included reductions of $0.4 billion, $1.2 billion, $1.1 billion
and $0.5 billion in term loan, revolving credit, confirmed-line and other
commitments, respectively. In June 1983, commitments to nonbank financial institutions and to C&l firms were lowered by $0.8 billion and $3.0
billion, respectively. 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 bilSion in
other commitments, respectively. Revisions to back data are not available.

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

Total loans
made under
commitments 1

total

To commercial and industrial firms
formalized agreements
other4
revolving 3
term 2

confirmed
lines5

To nonbank
financial
institutions

1982—March
April
May
June
July
August
September
October
November
December

173.1
175.7
179.3
181.1
180.7
181.9
176.7
178.1
176.4
175.0

151.8
154.5
157.9
159.8
159.3
160.1
157.2
158.7
156.9
155.8

48.5
48.7
49.1
48.9
48.1
47.7
46.9
47.6
47.9
48.3

53.4
55.6
57.2
59.9
59.9
61.2
62.6
63.6
62.6
62.6

14.0
14.4
14.6
14.3
14.7
14.8
12.0
11.8
11.8
11.4

35.9
35.8
37.0
36.7
36.6
36.3
35.7
35.7
34.6
33.5

21.3
21.2
21.4
21.3
21.4
21.9
19.5
19.4
19.5
19.2

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

174.7
176.5
176.1
172.3
171.6
169.9
169.0
168.8r
167.Or
167.9

155.2
157.2
156.6
154.0
152.9
151.7
151.2
150.8r
149.lr
149.7

48.5
48.6
49.0
48.5
48.4
48.6
48.9
49.3
48.3
48.6

60.7
63.7
62.8
62.1
61.6
62.8
62.8
62.5r
62.1
61.9

11.3
11.1
11.0
10.8
10.7
8.0
7.8
8.0
8.2
8.5

34.7
33.8
33.8
32.6
32.2
32.3
31.7
31.Or 30.5r
30.7

19.5
19.3
19.5
18.3
18.7
18.2
17.8
18.0
17.9
18.2

r—revised.
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.
2. Term loans are loans with an original maturity of more than 1 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.
4. 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.
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 122 weekly reporting banks accounting, as of year end 1982, for 58 percent of all commercial and industrial
loans and 88 percent of all loans to nonbank financial institutions made
at U.S. offices of all domestically chartered commercial banks.
* September 1982 and June 1983 data reflect breaks In series owing to
bank reclassifications of outstanding loans. In September 1982, loans to
nonbank financial Institutions and to commercial and Industrial firms were
lowered by $1.5 billion and $5.4 billion, respectively. The correction of
outstanding commercial and industrial loans reduced term loans by $0.8
billion, revolving credit loans by $0.9 billion, and other loans by $3.7 billion.
Confirmed-line loans were raised by $0.1 billion. In June 1983, loans to
nonbank financial institutions and to commercial and industrial firms were
lowered by $0.1 billion and $1.6 billion, respectively. The correction of
outstanding commercial and industrial loans lowered term loans by $0.3
billion, raised revolving credit loans by $1.5 billion, and reduced other loans
by $2.8 billion. Revisions to back data are not available.

Table 3
UNUSED COMMITMENTS
Billions of dollars, not seasonally adjusted
Month-end

Total unused
commitments 1

total

To commercial and industrial firms
formalized agreements
other4
term 2
revolving3

confirmed
line$5

To nonbank
financial
institutions

1982—March
April
May
June
July
August
September
October
November
December

375.7
372.5
374.0
373.9
380.2
383.5
380.3
380.6
385.5
387.3

316.0
313.7
314.7
314.8
320.4
323.3
320.5
320.3
324.8
326.6

17.3
16.8
16.1
15.3
15.8
15.8
14.6
15.2
15.7
16.0

131.9
132.0
134.3
137.1
141.6
143.7
143.4
144.3
147.1
148.3

14.7
14.1
13.8
13.9
14,2
13.9
13.5
13.9
14.3
13.8

152.0
150.8
150.5
148.5
148.8
149.9
148.9
146.9
147.7
148.5

59.8
58.8
59.3
59.1
59.8
60.2
59.9
60.3
60.7
60.6

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

389.9
392.5
392.5
392.2
390.9
387.3
391.2
396.Or
401.5r
406.8

328.7
330.9
331.0
330.3
330.9
327.8
330.6
335.lr
339.7r
344.9

15.5
15.4
14.8
14.6
15.1
15.1
15.1
15.6
15.7
16.4

151.1
151.8
154.2
156.2
156.9
160.4
163.2
164.9
166.9
169.9

13.7
14.3
14.3
14.4
14.6
9.6
9.2
10.0
9.9r
10.5

148.4
149.4
147.7
145.1
144.4
142.7
143.1
144.6r
147.2r
148.2

61.2
61.6
61.5
61.9
60.0
59.6
60.5
60.9
61.8
61.9

NOTE: See Table 1 for footnotes.




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

Total loans
made under
commitments 1

total

To commercial and industrial firms
formalized agreements
term2
other4
revolving 3

confirmed
Iines5

To nonbank
financial
institutions

1982—March
April
May
June
July
August
September
October
November
December

173.3
175.8
178.4
181.0
178.6
179.7
177.8
177.9
177.2
178.6

151.7
154.5
157.3
159.4
157.2
157.7
158.2
158.9
158.1
159.0

48.4
48.8
49.1
48.8
48.1
47.5
47.0
47.8
47.7
48.5

53.9
55.9
56.9
59.4
58.3
59.1
62.1
62.8
63.1
65.0

13.9
14.5
14.9
14.7
14.9
14.7
11.9
11.6
11.6
11.5

35.5
35.4
36.4
36.6
36.0
36.4
37.2
36.7
35.6
33.9

21.6
21.3
21.0
21.6
21.3
22.0
19.6
19.1
19.2
19.7

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

175.5
175.5
176.2
172.3
170.8
169.7
166.9
166.6r
168.Or
167.7

156.1
156.3
156.4
153.9
152.4
151.3
149.2
148.5r
150.Or
149.8

48.6
48.6
48.8
48.5
48.4
48.6
49.0
49.1
48.4
48.7

62.6
63.8
63.3
62.2
61.3
62.4
61.1
60.4r
61.6
61.1

11.2
11.0
10.9
10.9
10.9
8.2
7.9
7.9
8.2
8.3

33.7
32.9
33.5
32.2
31.8
32.1
31.2
31.lr
31.8r
31.6

19.4
19.2
19.8
18.4
18.4
18.4
17.7
18.1
18.0
17.9

NOTE: See Table 2 for footnotes.