The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release fiffl G.21 (423) COMMERCIAL AND INDUSTRIAL LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS Table 1 UNUSED COMMITMENTS Billions of dollars, seasonally adjusted Month-end F o r immediate r e l e a s e December 8 , 1986 Total1 term2 Formalized agreements revolving* 197.8 1985—March April May June July Augus t September October Novembe r * December** 36 9.0 372.6 374.6 379 . 9 376.3 377.6 37 9 . 4 389.5 385.7 389.8r 15.8 16.4 17.5 17.0 17.0 18.9 18.4 17.3 18.3r 20 3 . 3 207.3 206.9 208.3 209.6 215.9 217.1 223.4r 1986—January February March April May June July Augus t September October 389.8r 386.8r 383.3 381.7 37 8 . 8 378.6 372.8 372.6 372.5r 377 .5 18.3r 18 .Or 224.3r 223.0r 18.1 221.1 16.2 17.2 16.9 17.4 17.0 17.6 18.7 19.1 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 arid 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. 201.2 220.4 218.7 219.3 215.7 215.2 216.7 r 219.7 other4 8.8 8.9 9.5 9.8 9.2 8.9 9.3 9.5 8.8 8.2r 8.3 7.5 7.7 8.3 8.5 8.9 8.5 8.0 8.Or 7.6 Confirmed lines5 146.5 146.3 145.4 145.2 143.2 143.4 141.6 145.7 142.5 140.0 139.0 138.3 136.4 135.8 134.7 133.0 131.6 131.9 129.1 131.1 NOTE: Due t o a m e r g e r , r e s p o n d e n t banks number 1 1 4 , down f r o m 115 i n August 1986. I n d i v i d u a l i t e m s may n o t add t o t o t a l s due to rounding. *A b r e a k i n s e r i e s caused d e c l i n e s of $2.5 b i l l i o n i n t o t a l l o a n s , $0.4 b i l l i o n i n t e r m l o a n s , $1.5 b i l l i o n i n r e v o l v i n g c r e d i t , and $n.6 b i l l i o n i n c o n f i r m e d l i n e s . Historical d a t a have n o t been r e v i s e d . * * A break i n s e r i e s caused i n c r e a s e s of $6.8 b i l l i o n i n t o t a l l o a n s , $0.9 b i l l i o n i n term l o a n s , $ 6 . 1 b i l l i o n i n r e v o l v i n g c r e d i t , and a decrease o f $ 0 . 1 b i l l i o n i n o t h e r l o a n s . H i s t o r i c a l d a t a have n o t been r e v i s e d . Table 2 OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS Billions of dollars, seasonally adjusted Formalized agreements Total1 Month-end revolving3 term2 other4 Confirmed lines5 1985—Ma r c h April Hay June July Augus t September Oc tobe r November* Dec ^mbe r 171.0 170.6 171.7 171.3 172.6 17 3 . 2 173.1 171.4 170.5 170.2r 49.7 50.0 50.0 49.8 50.5 51.1 51.R 50.6 50.3 50.3r 74.3 73.8 75.3 74.9 75.8 76.4 76.0 75.9 75.3 75.7r 9.1 9.4 9.0 9.2 9.0 9.3 9.0 9.4 8.8 9.1 37.8 37.4 37.5 37.4 37.3 36.4 36.2 35.4 36.2 35.1 1986—January February March April May June July Augus t September Oc tobe r 168.Or 172.lr 174.3 172.2 17 2.6 176.7 175.3 175.7 175.4r 177.1 49.Or 49.4r 50.1 50.3 50.5 50.1 50.0 51.0 50.2 51.1 74.7 r 77.8 77.7 76.0 76.4 80.1 78.8 78.7 79.9r 80.3 9.0 9.1 9.4 9.2 9.4 9.0 9.1 9.0 9.1 9.3 35.4 35.8 37.2 36.8 36.4 37.6 37.4 36.9 36.2r 36.4 1. Loans made under commitments are outstanding loans to commercial and industrial firms, 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: Due t o a m e r g e r , r e s p o n d e n t banks number 114, down f r o m 115 i n August 1986. Individual items may not add to totals due to rounding. *A b r e a k i n t h e s e r i e s caused d e c l i n e s o f $1.5 b i l l i o n i n t o t a l l o a n s , 4.6 b i l l i o n i n term l o a n s , $ . 5 b i l l i o n i n r e v o l v i n g c r e d i t , and $ . 2 b i l l i o n i n confirmed l i n e s . H i s t o r i c a l data have n o t been r e v i s e d . 1 Table 3 UNUSED COMMITMENTS Billions of dollars, not seasonally adjusted Month-end Total1 term2 Formalized agreements revolving3 other4 1985—Ma r c h April May June July Augus t September Oc tobe r November* December** 368.4 370.6 371.7 375.4 377 .9 381.1 37 8 . 9 389.2 386.9 391.lr 15.9 16.1 16.3 17.4 17.2 17.3 18.6 18.2 17.5 18.5r 196.2 198.9 200.3 204.8 208.4 212.0 211.0 217.6 218.6 223.9r 8.9 9.1 9.4 9.0 1986—January Feb rua r y March April May June July August September October 391.8r 387.8r 382.5 379.5 375.6 374.1 374.5 376.3 372.2r 377.5 18.2r 17.9r 18.2 17.1 16.8 17.2 17.2 17.9 18.4 19.0 224.8r 222.4r 219.3 218.0 215.4 216.7 217.2 219.0 218.2r 221.5 8.6 8.6 8.8 9.1 9.4 8.8 8.2r 8.0 7.7 8.4 8.4 8.1 8.0 7.9 7.9 7.5 NOTE: See Table 1 for footnotes. *See Table 1 f o r b r e a k i n s e r i e s , break adjustments are e q u a l . r * * A b r e a k i n s e r i e s caused i n c r e a s e s of $ 6 . 9 b i l l i o n i n t o t a l l o a n s , $ 0 . 9 b i l l i o n i n term l o a n s , $ 6 . 1 b i l l i o n i n r e v o l v i n g c r e d i t , and a decrease of $ 0 . 1 b i l l i o n i n o t h e r l o a n s . H i s t o r i c a l d a t a have n o t been r e v i s e d . r . A f t e r r o u n d i n g , t h e s e a s o n a l l y and n o t s e a s o n a l l y a d j u s t e d Confirmed lines5 147.4 146.4 145.7 144.2 143.8 142.9 140.2 144.0 141.9 140.5 140.2 139.6 137.2 136.0 134.9 132.1 132.1 131.5 127.8 129.5 Table 4 OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS Billions of dollars, not seasonally adjusted Month-end Total 1 term* Formalized agreements revolving^ other4 Confirmed lines5 19 85—March April M$y June July Angust September October November* December 171.1 170.6 171.0 170.7 170.2 170.3 174.0 171.3 171.9 173.9r 49.5 50.1 50.0 49.8 50.7 50.9 51.9 50.8 50.2 50.6r 75.0 74.1 74.9 74.3 73.7 73.8 75.4 74.9 75.9 78.6r 9.1 9.4 9.1 9.4 9.1 9.2 9.0 9.2 9. l r 37.5 37.0 36.9 37.2 36.6 36.4 37.7 36.4 37.2 35.6 1986—January February March April May June July 169.3r 171.3r 174.4 172.3 171.9 176.2 172.8 172.8 176.3r 177.0 49.lr 49.3r 49.9 50.4 50.5 50.1 50.2 50.8 50.3 51.2 77 .Or 78.1 78.4 76.3 76.0 79.5 76.7 76.0 79.2r 79.3 8.9 9.Or 9.3 9.2 9.5 9.2 9.1 8.9 9. l r 9.1 34.3 34.8 36.8 36.3 35.9 37.4 36.8 37.0 37.7 37.4 AURMS t September Oc tobe r 8.6 NOTE: See Table 2 for footnotes. *See Table 2 f o r b r e a k I n s e r i e s . break adjustments are e q u a l . A f t e r r o u n d i n g , t h e s e a s o n a l l y and n o t s e a s o n a l l y a d j u s t e d
