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FEDERAL RESERVE statistical release
For

G.21 (423)

immediate

November

2,

release
1981

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS
Table 1
UNUSED COMMITMENTS
Billions of dollars, seasonally adjusted
Month-end

Total unused
commitments 1

1980—March
April
May
June
July
August
September
October
November
December

260.9
275.2
282.1
283.4
287.7
287.6
288.5
290.7
290.5
291.1

1981—January
February
March
April
May
June
July
August
September

298.7
304.4
310.7
315.2
320.9
325.7
344.1
349.4r
355.5

total

213.3
224.6

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

To nonbank
financial
institutions

72.0
79.6
85.2
85.0
86.2
87.3
86.2
86.0
85.8
83.5

9.6
10.1

116.8
119.8

229.5
231.1
233.1
233.7
234.7
237.0
236.0
238.2

14.9
15.1
13.6
15.3
15.4
15.0
15.0
14.0
14.3
14.4

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

47.6
50.6
52.6
52.3
54.6
53.9
53.8
53.7
54.5
52.9

245.4
250.6
256.6
261.3
266.7
272.5
288.5
293.0
299.3

14.2
14.6
14.8
15.0
15.2
15.4
17.0
16.7
15.7

88.5
92.2
95.4
07.8
101.9
105.8
116.4
120.7
125.7

10.8
11.3
11.0
11.8
11.5
12.3
12.3
12.3
12.6

131.9
132.5
135.4
136.7
138.1
139.0
142.8
143.3
145.3

53.3
53.8
54.1
53.9
54.2
53.2
55.6
56.4r
56.2

r—revised.
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.
2. Commitments for term loans are those for loans with an original
maturity of more than one year.
3. 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.
4. Other commitments are expressions of willingness to lend, other than
for term loans and revolving credits, that are made known to the customer




confirmed
linesS

and are characterized by detailed formal agreements specifying the 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 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.
N O f E : Included in this series are 122 weekly icporting banks accounting
for approximately 85 percent of all commercial and industrial loans, and 95
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 to totals due to
rounding.

Table 2
OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
Billions of dollars, seasonally adjusted
To commercial and industrial firms
Total loans
formalized agreements
made under
total
Month-end
other*
revolving 3
term 2
commitments 1

confirmed
lines 5

To nonbank
financial
institutions

June
July
August
September
October
November
December

144.1
141.3
136.5
135.2
136.1
138.5
141.0
142.8
146.6
150.8

122.4
120.3
117.1
116.0
116.7
119.5
121.4
123.4
127.4
130.5

43.7
44.0
43.8
43.6
43.8
45.0
45.3
45.9
46.7
47.3

35.7
34.7
32.9
32.1
32.1
32.9
33.6
35.2
36.8
39.3

11.9
11.5
11.5
11.4
11.9
11.6
11.5
11.4
11.6
12.0

31.1
30.1
28.9
28.9
28.9
30.0
31.0
30.9
32.3
31.9

21.7
21.0
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

150.0
148.3
148.8
151.6
154.1
155.2
157.4
162.2
162.7

129.2
128.0
128.7
130.6
133.9
134.4
137.1
140.9
141.7

47.5
48.0
47.7
47.6
48.4
48.9
49.2
49.2
49.7

38.5
37.1
37.8
38.8
40.6
41.2
42.0
44.3
44.5

11.9
12.0
12.1
12.3
12.6
12.8
13.8
13.4
13.3

31.3
30.9
31.1
31.9
32.3
31.5
32.1
34.0
34.2

20.8
20.3
20.1
21.0
20.2
20.8
20.3
21.3
21.0

1980--March
Apr l l
May

r—revised.
1. Loans made under commitments are outstanding loans to commercial
and industrial firms and nonbank financial institutions, less repayments of
principal, made under commitments currently or previously in force.
2. Term 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.
4. Loans made under otfier commitments are loans made under expressions of willingness to lend, other than for term loans 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 is
to be made.




5. Loans 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 122 weekly reporting banks accounting
for approximately 85 percent of all commercial and industrial loans, and 95
percent of all nonbank financial loans. As of February 1981, several banks
accounting in total for about Vz percent of loans made under commitments
were dropped from the reporting panel. Individual items may not add to
totals due to rounding.

Table 3
UNUSED COMMITMENTS
Billions of dollars, not seasonally adjusted
Total unused
commitments 1

total

1980—March
April
May
June
July
August
September
October
November
December

262.2
274.4
280.0
279.8
284.6
287.2
286.8
289.5
292.1
294.1

214.1
223.2
227.3
227.8
230.6
233.6
233.3
236.3
238.1
241.3

14.9
14.9
13.3
15.1
14.8
14.9
15.0
14.4
14.8
14.7

72.4
79.1
S3.3
82.9
84.2
86.3
85.3
86.4
87.6
86.3

1981—January
February
March
April
May
June
July
August
September

302.9
306.9
312.3
314.3
318.4
321.4
340.1
348.6
353.3

249.4
252.3
257.5
259.8
264.1
268.4
285.2
292.7
29 7 . 5

14.4
14.6
14.8
14.8
14.8
15.2
16.4
16.6
15.7

90.4
93.1
95.9
97.2
99.7
103.2
113.7
119.4
124.4

Month-end

NOTE: See Table 1 for footnotes.




To commercial and industrial firms
formalized agreements
term 2
revolving3
other#

confirmed
linesS

To nonbank
financial
institutions

10.5
10.4
10.9

116.7
119.3
121.0
121.0
122.6
122.7
123.2
124.9
12S.3
129.3

48.2
51.2
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

133.1
132.9
135.3
136.2
138.1
138.9
143.5
144.3
144.7

53.6
54.6
54.8
54.5
54.3
52.9
54.9
56.Or
55.9

10.1
9.9
9.7
8.8
9.0
9.7
Q.8

Table 4

OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
Billions of dollars, not seasonally adjusted
Month-end

Total loans
made under
commitments 1

total

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

confirmed
lines 5

To nonbank
financial
institutions

1980--March
April
May
June
July
August
Septembe r
October
November
December

143.8
140.5
135.7
135.9
135.4
137.0
141.8
144.1
148.5
152.8

122.3
120.0
116.6
116.5
116.1
118.1
122.0
124.2
128.9
132.0

43.5
44.1
43.8
43.6
44.0
44.9
45.4
46.0
46.5
47.2

36.0
34.6
32.9
32.1
32.0
32.4
33.7
35.2
37.1
39.7

11.9
11.6
11.5
11.6
11.4
11.3
11.4
11.5
11.9
12.3

30.9
29.8
28.4
29.1
28.7
29.5
31.4
31.5
33.3
32.8

21 5
20.5
19.1
19.4
19.3
19.0
19.8
19.9
19.6
20.8

1981—January
February
March
April
May
June
July
August
September

149.0
147.0
148.4
150.9
153.2
155.9
156.6
160.4
163.5

128.7
127.1
128.5
130.4
133.3
134.9
136.3
139.1
142.2

47.7
48.0
47.5
47.7
48.4
48.9
49.4
49.1
49.8

38.5
37.0
38.1
38.7
40.6
41.2
41.9
43.6
44.6

12.0
11.8
12.1
12.4
12.7
13.0
13.2
13.0
13.2

30.4
30.4
30.8
31.6
31.7
31.8
31.9
33.4
34.6

20.3
19.9
19.9
20.5
19.9
21.0
20.3
21.3
21.2

NOTE: See Table 2 for footnotes.