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mm,

FEDERAL

4
i
statistical

RESERVE

i
&-3153
release

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS
Table 1

G.21

UNUSED COMMITMENTS

July 19, 1977

IN BILLIONS OF DOLLARS
To commercial and industrial firms
Month-end

Total
unused
commitments'

Formalized agreements
Total

1976—January
February
March
April
May
June
July
August
September
October
November
December

156.9
156.2
158.1
157.6
158.1
158.3
156.3
160.0
160.1
161.6
162.7

120.6
120.1
121.1
120.7
120.7
121.5
119.4
122.4
122.4
123.8
124.4
123.5

1977—January
February
March
April
May

165.9
164.8
166.6
166.7
166.9

128.2

161.2

127.2
128.5

128.2

128.7

Term 2

6.2

Other 4

To nonbank
financial
institutions

For real
estate
loans
TTT"
4.5
4.9
4.7
4.9
5.0
5.0
5.0
5.1
5.3
5.8
5.4

6.3
6.3
6.4
6.5
6.5

34.7
34.5
35.1
35.1
34.6
35.1
34.5
35.4
35.3
35.0
35.6
36.1

5,1
5.0
5.1
5.0
5.2
4.7
4.6
4.8
4.8
4.8
4.9
5.1

74.6
74.6
74.7
74.6
74.9
75.5
74.3
75.9
76.0
77.6
77.4
75.8

31.8
31.6
32.1
32.3
32.6
31.9
32.0
32.6
. 32.7
32.5
32.5
32.3

6.4
6.5

35.2
35.0

5.2
5.3

81.3
80.4

32.6
32.6

5.1
5.0

6.7
6.7

35.1
34.7
34.2

5,1
5.0

81,6
81.8

5.0

82.7

32,9
33.0
32.5

5.8

6,1

6.2
6,0
6.0

6.2
6.1

6.8

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.
^Commitments for term loans are those for loans with an original maturity of more than 1 year.
^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.
4Qther commitments are expressions of willingness to lend, other than for term loans and re-




Revolving 3

Confirmed
lines 5

1:1

volving 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.
^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 135 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.

Table 2

G.21

OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
IN BULLIONS OF DOLLARS

Month-end

Total loans
made under
commitments

To commercial and industrial firms
Formalized agreements
Total

21.1
21.0
21.4
21.5
21.7
21.6
21.5
21.5
21.9
21.8
21.3
21.8
21.5

80.6

5.6

23.8
23.8
23.3
22.7
22.4
22.9
22.7
22.5
23.1
23.3
24.2
25.6

77.7
78.7
79.3
78.1
77.9

28.2
28.7
29.2
28.9
28.8

20.5
20.6
20.4
19.7

5.6
5.6
5.7
5.7

23.4
23.9
24.0
23.9

16.5
15.6
15.6
15.4

21.6
21.7
21.7

20.0

5.5

23.6

15.5

22.2

121.3
119.4
117.8
117.2
117.8
115.3
115.2
117.3
117.5
117.6
118.7

80.7
79.2
78.3
77.7
78.4
76.8
76.8
78.6
78.9
79.5

1977—January
February
March
April
May

115.8
115.9

1 Loans made under commitments are all outstanding loans, less repayments of principal, made
under commitments currently or previously in force.
2Term loans are loans with an original maturity of more than 1 year.
3Loans 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.
4i_oans made under other commitments are loans made under expressions of willingness to
other than for term loans and revolving credits, that are made known to the customs and are
Digitized for lend,
FRASER
characterized Isy detailed formal agreements specifying the terms and conditions under which a loan



19.2
19.6
18.8
18.1
17.9
17.8
17.0
16.9
16.8
16.8
16.7
16.3

loans

5.7
5.5
5.7
5.6
5.7
5.9
5.3
5.3
5.7
5.6
5.8

81.8

115.6

Other 4

23.4
22.9
21.9
21.9
21.8
21.8
21.0
21.2
21.5
21.4
21.1
20.9

122.1

115.3

Revolving 3

To nonbank
financial
institutions

28.9
28.7
28.3
28.1
27.9
27.8
27.8
27.7
28.3
28.6
28.5
28.5

1976—January
February
March
April
May
June
July
August
September
October
November
December

116.6

Term 2

Confirmed
lines 5

is to be made.
SLoans 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 135 weekly reporting banks; these banks account for approximately 85 per cent of aM commercial and industrial loans, 95 per cent of all nonbank financial
loans, and 75 per cent of aW reaA estate loans of all weekly reporting banks. Individual items may
not add to total s due to rownd&ng.