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F E D E TOI L R E S E R V E statistical release
Ra

(1.21(423)

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS
Table 1

UNUSED COMMITMENTS

October, 1979

IN BILLIONS OF DOLLARS
To oommerclal and industrial flrm»
Month-end .

Total unused
commftnents 1

Formalized agreements
Total

Term2

RevoMng3

Other 4

Confirmed lines6

To nonbank
financial
institutions

1978—February
March
April
May
June
July
August
September
October
November
December

174.0
170.3
173.1
173,1
174.2
179.2
184.0
185.0
185.4
190.0
194.0

137.0
133.3
135.7
136.0
136.6
141.6
146.4
146.6
147.4
151.4
154.4

8.7
8.6
8.7
8.5
8.8
9.2
9.7
9.3
9.4
9.9
10.6

38.3
36.5
37.4
37.5
37.7
40.4
42.9
43.6
43.5
45.3
46.3

7.7
7.9
6.9
6.5
5.9
6.3
6.7
6.5
6.5
6.9
7.3

83.6
81.3
82.7
83.1
84.2
85.8
87.1
87.2
87.9
89.3
90.2

37.0
37.0
37,3
37.1
37.6
37.6
37.7
38.4
38.1
38.7
39.6

1979—January
February
March
April
May
June
July
August

199.2
200.4
204.0
203.9
207.4
210.0
211.3
216.0

158.4
158.9
162.2
162.8
165.8
167.8
169.4
174.4

10.9
10.8
11.2
11.1
11.5
11.6
11.4
12.1

48.0
48.2
49.4
49.6
49.7
49.2
50.0
52.3

7.6
7.5
7.8
7.1
7.6
6.9
7.7
8.4

91.9
92.3
93.9
95.0
96.9
100.1
100.2
101.6

40.9
41.5
41.8
41.1
41.7
42.2
41.9
41.6

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.
3Revolving credits ere 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.
40ther
 commitments are expressions of willingness to lend, other than for term loans and re

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 134 weekly reporting banks; these banks account for
approximately 85 per cent of commercial and industrial loans, and 96 per cent of nonbank financial
loans. Individual items may not add to totals due to rounding.

0.21(423)

Table 2

OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS
IN BILLIONS OF DOLLARS
To commercial and Industrial Ihms
Month-end

1978—February

Total loans
made under
commitments1

Focmaized agreements
Total

Term 2

Other 4

Revolving?

.

Confirmed lines

6

To nonbank
financial
Institutions

98.6

83.2

30.8

20.7

7.6

24.9

15.4

March

100.9

85.0

30.5

April
May

104.2
107.8

88.3
91.2

32.5
34.0

21.3
21.6
22.3

7.9
8.4
8.4

25.7
25.9
26.4

15.9
15.9
16.5

June
July

109.2
109.4

92.1
91.8

34.1
34.0

22.5
23.0

8.5
8.1

26.9
26.6

17.6

22.7

8.4

25.8

17.5

. August

17.0

109.6

92.0

35.2

September

111.7

94.0

113.5

95.2

23.2
23.4

8.3
8.7

26.9

October

35.6
35.9

27.1

17.7
18.4

November

115.1

96.9

36.1

24.2

9.0

27.5

18.2

December

116.9

98.5

36.8

25.2

9.2

27.3

18.4
17.6

1979—January

115.3

97.7

37.6

25.2

8.9

25.9

February

116.9

99.6

37.9

25.9

8.8

26.9

17.3

March

119.4

102.2

26.7

9.0

27.9

17.2

April

121.7

104.1

38.6
39.1

27.2

9.3

28.5

17.7

May

104.7

9.5

28.5

107.5

39.3
39.7

27.5

June

122.2
126.1

28.1

9.8

30.0

17.6
18.6

July

126.3

108.3

40.4

28.3

9.7

29.9

18.1

August

129,4

110.4

40.7

28.7

10.4

30.6

19.0

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.
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.
4
Loans made under other 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.
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.-lncluded in this series are 134 weekly reporting banks; these banks account for
approximately 85 per cent of all commercial and industrial loans, and 05 per cent of all nonbank
financial loans. Individual items may not add to totals due to rounding.

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102