View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

. • of GOV* • •

FEDERAL

RESERVE

statistical

release

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS
G.21

Table 1

UNUSED COMMITMENTS
For i m m e d i a t e r e l e a s e

IN B I L L I O N S 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
Total
unused
commitments1

Total

April
May
June

145.8
148.5
147.7

109.4
111.9
112.3

6.3
6.2
6.1

30.5
31.0
31.2

July
August

149.8
152.8
152.0
153.4
153.1
155.7

114.4
116.8
116.5
117.0
117.2
119.4

6,0
6.2
6.3
6.5
6.4
6.2

157.2
156.5
158.4
r 158.0

120.9
120.4
121.4
121.0

6.2
6.1
6.2
6.0

Month-end

1975—

September
October
November
December

1976—January
February
March
April

Term2

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.
2Commitments 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
amount after a takedown has been repaid.
^Other commitments are expressions of willingness to lend, other than for term loans and re-

r - revised



To nonbank

Formalized agreements

For r e a l
estate
loans

Confirmed
lines 5

financial
institutions

4.3
4.5
4.4

68.3
70.3
70.6

31.1
31.4
30.3

5.2
r 5.2
5.1

32.3
32.9
33.4
33.8
34.5
35.3

4.3
4.7
4.8
5.0
4.8
4.9

71.8

30.5

4.9

73.0
72.0

31.0
30.6

71.7
71.5
r 72.9

31.8
31.3
31.7

5.0
4.9
4.6
4.5
4.6

34.8
34.5
35.2
35.2

r 5.1
5.0
5.1
5.0

74.8
74.8

31.8
31.6
32.1
32.3

4.5
4.5
r 4. 9
4.7

Revolving 3

Other4

r 74.9
74.8

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 136 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.

G.21

Table 2

OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
I N B I L L I O N S OF DOLLARS
To c o m m e r c i a l and industrial firms
Month-end

1975—April
May
June
July
August
Septembe: :
October
'November
December
1976—January
February
March
April

Total loans
made under
commitments 1

Formalized agreements

Total

Term2

6.1
5.8
5.8

28.2
27.1
27.1

22.1
21.9
22.9

21.1
20.9
20.9

22.1
21.5
21.3
19.9
20.3
20.0

21.1
21.0
21.2
21.6
21.1
20.7

19.2
19.6
r 18.8
18.1

21.1
r 21.0
21.5
21.5

89.5
86.6
86.6

27.3
26.9
27.0

26.7

128.4 125.6
127.5
125.8
126.1
124.8

85.2
83.1
83.0
84.4
84.7
84.1

27.5
27.3
27.6
27.9
28.1
28.5

26.3
25.3
25.9
25.1
24.7
Y 23.9

5.5
5.2
5.4
5.4
5.6
5.6

26.0
25.2
26.2
26.0
26.2
26.1

82.0
81.0
79.4
78.5

29.0
28.8
r 28.4
28.2

23.4
22.9
22.0
22.0

5.7
5.5
5.7
5.6

23.9
23.8
r 23.4
22.8

122.4
121.6
r 119.7
118.2

r

2Term 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.
4Loans made under other commitments are loans made under expressions of willingness to
lend, other than for term loons 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

27.9
26.7

r

Real
estate
loans

Other4

132.7
129.3
130.4

1 Loans made under commitments are all outstanding loans, less repayments of principal, made
under commitments currently or previously in force.




Revolving3

To n o n b a n k
financial
institutions

Confirmed
lines®

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 136 weekly reporting banks; these banks account for approximately 85 per cent of a commercial and industrial loens, 95 per cent of all nonbenk financial
W
teens, and 75 per cent of all reel estate loans of all weekly reporting banks. Individual items may
not add to totals due to rounding.