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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

term2

Total1

Formalized agreements
revolving3

For immediate r e l e a s e
February 10, 1986
Confirmed
other4
lines5

1984—May
June
July
August
September
October
November*
December

364.5
363.3
356.5
359.7
364.0
366.1
365.0
365.7

16.6
16.9
16.6
17.4
17.4
16.4
16.1
15.8

189.2
186.7
181.0
181.7
186.1
188.1
188.9
192.7

9.0
9.7
10.3
9.5
9.7
9.7
9.5
8.8

149.7
150.0
148.6
151.0
150.9
152.0
150.5
148.4

1985—January
February
March
April
May
June
July
August
September
October
November**
December***

366.4
366.0
369.4
372.9
374.9
380.2
376.7
377.9
379.8
389.9
385.8
384.8

16.3
15.5
15.8
16.2
16.4
17.5
17.0
17.0
19.0
18.4
17.3
17.7

194.5
197.0
197.9
201.2
203.4
207.4
207.0
208.4
209.6
216.0
217.1
216.7

8.7
8.3
8.9
9.0
9.5
9.8
9.2
8.9
9.3
9.5
8.8
8.5

146.8
145.3
146.8
146.5
145.6
145.4
143.5
143.6
141.9
146.0
142.7
142.0

,

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 tqrm 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.




'

* Due to mergers, the number of large commercial banks in our survey has dropped from 121 to 119, as of November 1984. Historical data
has been revised.
Individual items may not add to totals due to rounding.

1

**A break 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 term l o a n s , $1.5 b i l l i o n in revolving
c r e d i t and $0.6 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 has not been r e v i s e d .
***Due to t h e merger of two banks in
the sample, the number of i n s t i t u t i o n s
has dropped to 118. No r e v i s i o n of
data i s n e c e s s a r y .

Table 2
OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
Billions of dollars, seasonally adjusted
Formalized agreements
Total 1
Month-end
revolving3
term2

other 4

Confirmed
lines8

1984—May
June
July
August
September
October
November*
December

167.1
170.2
171.0
170.6
167.2
167.0
168.0
167.6

51.2
51.7
50.5
50.7
49.2
49.0
49.3
49.5

70.8
72.9
76.1
75.8
74.5
73.3
73.8
73.0

8.6
9.0
8.6
8.8
8.9
9.4
9.7
9.3

36.5
36.7
35.8
35.2
34.5
35.4
35.2
35.9

1985—January
February
March
April
May
June
July;
August
September
October
November**
December***

167.3
171.0
171.4
170.9
172.1
171.7
173.0
173.6
173.4
171.8
171.0
170.5

48.4
49.2
49.7
50.0
50.0
49.9
50.6
51.2
51.8
50.6
50.4
49.9

72.0
74.5
74.5
73.9
75.4
75.0
75.8
76.5
76.1
76.0
75.4
75.3

9.5
9.5
9.2
9.4
9.0
9.2
9.1
9.3
9.1
9.5
8.8
9.4

37.3
37.9
38.1
37.6
37.7
37.7
37.5
36.6
36.4
35.7
36.4
36.0

r—revised.
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.




*Oue to mergers, the number of large commercial banks in our survey has dropped from 121 to 119, as of November 1984. Historical data
has been revised.
Individual items may not add to totals due to rounding.

**A break i n s e r i e s caused d e c l i n e s of
$1.3 b i l l i o n i n t o t a l l o a n s , $0.6 b i l l i o n
i n term l o a n s , $0.5 b i l l i o n in r e v o l v i n g
c r e d i t and $0.2 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 has not been r e v i s e d .
***Due to the merger of two banks i n
the sample, the number of i n s t i t u t i o n s
has dropped to 118. No r e v i s i o n of
data i s n e c e s s a r y .

Table 3
UNUSED COMMITMENTS
Billions of dollars, not seasonally adjusted

Month-end

Total1

term:

Formalized agreements
revolving3

other4

Confirmed
lines5

1984—May
June
July
August
September
October
November*
December

361.8
359.1
357.9
362.7
363.3
365.6
366.0
367.0

16.5
16.8
16.8
17.7
17.1
16.3
16.4
16.1

186.4
184.4
182.3
185.0
187.4
189.6
190.2
193.1

9.0
8.9
9.7
9.4
9.5
9.6
9.5
8.9

150.0
148.9
149.2
150.5
149.3
150.2
149.9
149.0

1985—January
February
March
April
May
June
July
August
September
October
November**
December***

368.3
367.1
368.8
370.9
372.0
375.8
378.3
381.4
379.3
389.6
387.1
386.1

16.2
15.4
15.9
16.1
16.3
17.4
17.2
17.3
18.6
18.3
17.5
17.9

194.9
196.4
196.3
199.0
200.4
204.9
208.5
212.1
211.1
217.7
218.6
217.1

9.1
8.8
8.9
9.1
9.4
9.0
8.6
8.8
9.1
9.4
8.8
8.6

148.1
146.6
147.7
146.6
145.9
144.4
144.0
143.2
140.5
144.3
142.1
' 142.6

NOTE: See Table 1 for footnotes.

**See Table 1 f o r break i n s e r i e s .
break adjustments a r e equal-




A f t e r rounding, t h e s e a s o n a l l y and not s e a s o n a l l y a d j u s t e d

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

1984—May
June
July
August
September
October
November*
December

1985—January
February
March
April
May
June
July
August
September
October
November**

December***

Formalized agreements
revolving3

166.4
169.7
168.6
167.8
168.1
167.0
169.3
171.2

51.3
51.6
50.7
50.5
49.3
49.2
49.1
49.8

70.4
72.4
74.1
73.3
73.9
72.3
74.4
75.8

8.7
9.2
8.7
8.8
8.9
9.2
9.6
9.3

36.0
36.5
35.1
35.2
36.0
36.4
36.2
36.3

168.4
170.2
171.5
171.0
171.4
171.1
170.5
170.7
174.4
171.7
172.3
174.3

48.5
49.1
49.5
50.1
50.1
49.8
50.7
50.9
51.9
50.8
50.2
50.1

74.3
74.8
75.1
74.2
75.0
74.4
73.8
73.9
75.5
75.0
76.0
78.2

9.5
9.4
9.1
9.5
9.2
9.4
9.1
9.3
9.0
9.3
8.7
9.4

36.2
36.9
37.7
37.2
37.2
37.5
36.9
36.7
38.0
36.7
37.4
36.5

other*

NOTE: See Table 2 for footnotes.

**See Table 2 f o r break i n s e r i e s .
break adjustments a r e e q u a l .




Confirmed
lines5

term:

Total 1

A f t e r rounding, the s e a s o n a l l y and not s e a s o n a l l y a d j u s t e d