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.
