Full text of G.21 Commercial and Industrial Loan Commitments at Selected Large Commercial Banks : January 6, 1982

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FEDERAL RESERVE statistical release

# # #
For immediate r e l e a s e
January 6 , 1982

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
term 2
revolving 3
other 4

confirmed
linesS

To nonbank
financial
institutions

1980—May
June
July
August
September
October
November
December

282.1
283.4
287.7
287.6
288.5
290.7
290.5
291.1

229.5
231.1
233.1
233.7
234.7
237.0
236.0
238.2

13.6
15.3
15.4
15.0
15.0
14.0
14.3
14,4

85.2
85.0
86.2
87.3
86.2
86.0
85.8
83.5

9.7
9.7
9.5
9.6
9.8
10.6
10.3
10.7

121.0
121.1
122.0
121.8
123.7
126.4.
125.6
129.6

52.6
52.3
54.6
53.9
53.8
53.7
54.5
52.9

1981—January
February
March
April
May
June
July
August
September
October
November

298.7
304.4
310.7 .
315.2
320.9
325.5
344.0
349.2
355.5
363.1
363.1

245.4
250.6
256.6
261.3
266.7
272.3
288.4
292.8
299.3
304.8
304.3

14.2
14.6
14.8
15.0
15.2
15.3
17.0
16.6
15.7
15.9
15.9

88.5
92.2
95.4
97.8
101.9
105.8
116.4
120.7
125.7
127.1
125.2

10.8
11.3
11.0
11.8
11.5
12.3
12.3
12.3
12.6
12.8
13.0

131.9
132.5
135.4
136.7
138.1
138.9
142.7
143.2
145.3
149.0
150.2

53.3
53.8
54.1
53.9
54.2
53.2
55.6
56.4
56.2
58.3
58.8

r-revised,
1. Unused c o m m i t m e n t s are t h e a m o u n t s still available for lending under
official promises t o lend that are expressly conveyed to the bank's customers
orally or in writing, usually in t h e form of a formally executed agreement
signed by o n e of t h e bank's officers.
2. C o m m i t m e n t s for term loans are those for loans with an original
m a t u r i t y of m o r e than o n e year.
3. Revolving credit* are c o m m i t m e n t agreements whereby the borrower
may d r a w and repay loans at will with no r e p a y m e n t penalty and under
which the c o m m i t m e n t r e b o u n d s by an equal a m o u n t after a t a k e d o w n has
been repaid.
4. Other commitments are expressions of willingness t o lend, other than
for term loans and revolving credits, that are made known to the customer




/

,

and are characterized by detailed formal agreements specifying t h e 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 k n o w n
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
for approximately 8 5 percent of all commercial and industrial loans, and 9 5
percent of all nonbank financial loans. As of February 1981, several banks
accounting for less than % percent of unused commitments were dropped
from the reporting panel. Individual items may not add t o totals due to
rounding,

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

Total loans
made under
commitments 1

total

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

confirmed
:
lines5

To nonbank
financial
institutions

1980—May
June
July
August
September
October
November
December

136.5
135.2
136.1
138.5
141.0
142.8
146.6
150.8

117.1
116.0
116.7
119.5
121.4
123.4
127.4
130.5

43.8
43.6
43.8
45.0
45.3
45.9
46.7
47.3

32.9
32.1
32.1
32.9
33.6
35.2
36.8
39.3

11.5
11.4
11.9
11.6
11.5
11.4
11.6
12.0

28.9
28.9
28.9
30.0
31.0
30.9
32.3
31.9

19.4
19.2
19.3
19.0
19.6
19.4
19.2
20.3

1981—January
February
March
April
May
June
July
August
September
October
November

150.0
148.3
148.8
151.6
154.1
155.2
157.3
162.1
162.6
160.6r
164.2

129.2
128.0
128.7
130.6
133.9
134.4
137.0
140.8
141.6
140.9r
143.7

47.5
48.0
47.7
47.6
48.4
48.8
49.1
49.2
49.7
50.Or
50.2

38.5
37.1
37.8
38.8
40.6
41.2
42.0
44.2
44.5
44.3
46.6

11.9
12.0
12.1
12.3
12.6
12.9
13.8
13.5
13.2
13.2
13.4

31.3
30.9
31.1
31.9
32.3
31.5
32.1
33.9.
34.2
33.4
33.5

20.8
20.3
20.1
21.0
20.2
20.8
20.3
21.3
21.0
19.7
20.5

r—revised.
1. Loans made under c o m m i t m e n t s are outstanding loans t o commercial
and industrial firms and n o n b a n k financial institutions, less repayments of
principal, made under c o m m i t m e n t s currently or previously in force.
2. Term loans are loans with an original maturity of more than 1 year.

5. Loans made under confirmed lines of credit are loans m a d e under
general expressions of willingness t o lend, other than for term loans or revolving credits, t h a t are made k n o w n t o the customer but are not characterized by detailed formal agreements specifying the terms and conditions

3. Loans made under revolving credits are loans under agreements whereby t h e b o r r o w e r may draw down and repay loans at will with no repayment

under which a loan is t o be made.
N O T E : Included in this series are 122 weekly reporting banks accounting
for approximately 8 5 percent of all commercial and industrial loans, and 9 5
percent of all n o n b a n k financial loans. As of February 1 9 8 1 , several banks
accounting in total f o r about % percent of loans made under c o m m i t m e n t s
were d r o p p e d f r o m the reporting panel. Individual items may not add t o
totals d u e t o rounding.

penalty and under which t h e c o m m i t m e n t rebounds by an equal a m o u n t
a f t e r a t a k e d o w n has been repaid.
4 . Loans m a d e under o t h e r c o m m i t m e n t s are loans made under expressions of willingness t o lend, o t h e r t h a n f o r term loans and revolving credits,
t h a t are m a d e k n o w n t o t h e customer and are characterized by detailed
formal agreements specifying t h e terms and conditions u n d e r which a loan is
t o be made.




Table 3
UNUSED COMMITMENTS
Billions of dollars, not seasonally adjusted
Total unused
commitments!

total

1930—May
June
July
August
September
October
November
December

280.0
279.8
284.6
287.2
286.8
289.5
292.1
294.1

227.3
227.8
230.6
233.6
233.3
236.3
238.1
241.3

13.3
' 15.1
14.8
14.9
15.0
14.4
14.8
14.7

83.3
82.9
84.2
86.3
85.3
86.4
87.6
86.3

1981—January
February
March
April
Hay
June
July
August
September
October
November

302.9
306.9
312.3
314.3
318.4
321.2
340.0
348.5
353.4
361.7
365.6

249.4
252.3
257.5
259.8
264.1
268.3
285.1
292.5
297.5
303.9
307.3

14.4
14.6
14.8
14.8
14.8
15.1
16.4
16.5
15.7
16.3
16.5

90.4
93.1
95.9
97.2
99.7
103.2
113.7
119.4
124.4
127.7
127.8

Month-end

NOTE: See Table 1 for footnotes.




confirmed
lines 5

To nonbank
financial
institutions

9.7
8.8
9.0
9.7
9.8
10.5
10.4
10.9

121.0
121.0
122.6
122.7
123.2
124.9
125.3
129.3

52.7
52.0
54.0
53.5
53.5
53.2
54.1
52.8

11.4
11.8
11.6
11.6
11.5
11.1
11.6
12.4
12.6
12.7
13.1

133.1
132.9
135.3
136.2
138.1
138.8
143.4
144.2
144.7
147.2
149.9

53.6
54.6
54.8
54.5
54.3
52.9
54.9
56.0
55.9
57.8
58.4

To commercial and industrial firms
formalized agreements
other4
term 2
revolving3

Table 4
OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
Billions of dollars, not seasonally adjusted
Total loans
made under
commitments i

total

1980—May
June
July
August
September
October
November
December

135.7
135.9
135.4
137.0
141.8
144.1
148.5
152.8

116.6
116.5
116.1
118.1
122.0
124.2
128.9
132.0

43.8
43.6
44.0
44.9
45.4
46.0
46.5
47.2

32.9
32.1
32.0
32.4
33.7
35.2
37.1
39.7

1981—January
February
March
April
May
June
July
August
September
October
November

149.0
147.0
148.4
150.9
153.2
155.9
156.6
160.3
163.5
161.9r
166.0

128.7
127.1
128.5
130.4
133.3
134.9
136.3
139.0
142.3
141.7r
145.1

47.7
48.0
47.5
47.7
48.4
48.8
49.4
49.0
49.8
50. l r
49.9

38.5
37.0
38.1
38.7
40.6
41.2
41.9
43.5
44.6
44.3
46.9

Month-end

NOTE: See Table 2 for footnotes.




confirmed
lines 5

To nonbank
financial
institutions

11.5
11.6
11.4
11.3
11.4
11.5
11.9
12.3

28.4
29.1
28.7
29.5
31.4
31.5
33.3
32.8

19.1
19,4
19.3
19.0
19.8
19.9
19.6
20.8

12.0
11.8
12.1
12.4
12.7
13.1
13.2
13.1
13.3
13.3
13.7

30.4
30.4
30.8
31.6
31.7
31.8
31.9
33.3
34.6
34.0
34.6

20.3
19.9
19.9
20.5
19.9
21.0
20.3
21.3
21,2
20.2
20;9

T o commercial and industrial firms
formalized agreements
other4
revolving 3
term 2

.