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FEDERAL RESERVE statistical release LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS G 21 Table 1 For UNUSED COMMITMENTS A immediate release J u l y 1 6 , 1975 IN BILLIONS OF DOLLARS To c o m m e r c i a l a n d i n d u s t r i a l f i r m s Month-end Total unused commitments Total | 1975—January February March April May Confirmed lines5 To n o n b a n k financial institutions Formalized agreements 1 Term2 Revolving 3 Other4 For r e a l estate loans 140 o 5 142.3 142.6 105.0 105.6 106.5 6.2 6.1 6.0 27.9 28.7 29.3 4.4 4.4 4.2 66.5 66.4 66.9 29.6 31.0 30.7 5.9 145.7r 148.4 109.3r 119.9 6.3r 6.2 30.4r 4.3 4.5 68.3 70.3 31.1 31.4 5.3 5.1 31.0 1:1 # tUnused commitments are the amounts still available for lending under official promises to tend 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. ^Commitments for term loans are those for loans with an original maturity of more than 1 year, 3Revotving 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 •mount after a takedown has been repaid. *Other commitments are expressions of willingness to lend, other than for term loans and rer - volving credits, that are made known to the customer and are characterized by detailed forma, agreements specifying the terms and conditions under which a loan is to be made. ^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 138 weekly reporting banks; these banks account for approximately 85 per cent of commercial and industrial loans, 95 per cent of nonbank financial loans, and 75 per cent of real estate loans of all weekly reporting banks. Individual items may not add to totals due to rounding. Revised. I J G.21 Table 2 OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS I N B I L L I O N S OF D O L L A R S To c o m m e r c i a l a n d i n d u s t r i a l f i r m s Month-end 1975—January February March A p r i l May Formalized agreements Total loans m a d e under commitments1 Confirmed Total Term2 Revolving3 Other4 lines5 To n o n b a n k financial institutions Real estate loans 136.9 135.0 133.4 93.8 91.5 90.2 27.0 26.9 26.6 28.8 27.7 28.0 6.6 6.5 6,1 31.5 30.5 29.5 22.4 22.6 22.8 20.8 20.8 20.4 132.2r 128.9 89.4r 86.5 27.3 26.9 27.9 26.7 6. O r 5.8 28.2 27.1 22.1 21.9 20.7 20.5 # 1 Loans made under comrrvtments are all outstanding loans, less r e p a y m e n t s of principal, made u n d e r c o m m i t m e n t s currently or previously in force. 2Term loans are loans with an original m a t u r i t y of more than 1 year. 3Loans made under revolving credits are loans under agreements whereby the borrower may draw d o w n and repay loans at will with no repayment penalty and under which t h e c o m m i t m e n t r e b o u n d s by en equal a m o u n t after a t a k e d o w n has been repaid. 4 L o a n s made under other commitments art loans made under expressions of willingness to iena. other than for term loans and revolving credits, that are made knwvn to the customer and characterized by detailed formal agreements specifying the terms and conditions under which a loan r - Revised, is t o be made. S t o a n s made under confirmed lines of credit are loans m a d e u n d e r general expressions of willingness t o lend, o t h e r than for term loans or revolving credits, that are m a d e k n o w n to the customer but are n o t characterized by detailed formal agreements specifying the terms and conditions under which a loan is t o be made. NOTE.—Included in this series are 138 weekly reporting banks; these b a n k s a c c o u n t for approximately 8 5 per cent of all commercial and industrial loans, 9 5 per c e n t of all n o n b a n k financial loans, and 75 per cent of all real estate loans of all weekly reporting banks. Individual items may not add to totals d u e t o rounding.