of uQj^V

FEDERAL RESERVE statistical release

s LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS

Table 1

UNUSED COMMITMENTS

[f[

0.21(423)

For I m m e d i a t e R e l e a s e BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED

Month-end Total unused commitments 1

To commercial and Industrial firms To nonbank

WmcW instfeittons

Month-end Total unused commitments 1 Total

Formatized agreements Confirmed tines5

To nonbank WmcW

instfeittons Month-end Total unused

commitments 1 Total Term 2 Revolving 3 Other 4

Confirmed tines5

To nonbank WmcW

instfeittons

1978—November 1 8 9 . 7 1 5 1 . 2 9 . 9 4 5 . 2 6 . 9 8 9 . 1 3 8 . 6 December 1 9 3 . 7 1 5 4 . 2 1 0 . 6 4 6 . 2 7 . 3 9 0 . 0 3 9 . 5

1 9 7 9 - — J a n u a r y 1 9 8 . 9 1 5 8 . 2 1 0 . 9 4 7 . 9 7 . 6 9 1 . 7 4 0 . 8 F e b r u a r y 2 0 0 . 1 1 5 8 . 7 1 0 . 8 4 8 . 2 7 . 5 9 2 . 2 4 1 . 4 March 2 0 3 . 8 1 6 2 . 0 1 1 . 2 4 9 . 3 7 . 8 9 3 . 7 4 1 . 7 A p r i l 2 0 3 . 6 1 6 2 . 6 1 1 . 1 4 9 . 6 7 . 1 9 4 . 8 4 1 . 0 May 2 0 7 . 2 1 6 5 . 5 1 1 . 5 4 9 . 7 7 . 6 9 6 . 7 4 1 . 6 J u n e 2 0 9 . 7 1 6 7 . 5 1 1 . 6 4 9 . 1 6 . 9 9 9 . 9 4 2 . 1 J u l y 2 1 1 . 0 1 6 9 . 1 1 1 . 4 5 0 . 0 7 . 7 1 0 0 . 1 4 1 . 9 A u g u s t 2 1 5 . 7 1 7 4 . 2 1 2 . 0 5 2 . 2 8 . 4 1 0 1 . 5 4 1 . 5 S e p t e m b e r 2 1 8 . 7 175.3 1 2 . 5 5 2 . 9 8 . 6 1 0 2 . 0 4 2 . 8 O c t o b e r 22.4.0 1 8 1 . 0 1 2 . 8 56 . 3 8 . 6 1 0 3 . 3 4 3 . 1 November 2 3 2 . 3 1 8 8 . 1 1 3 . 2 6 0 . 1 8 . 9 1 0 5 . 9 4 4 . 3 December 2 3 5 . 6 1 9 0 . k 1 3 . 1 6 1 . 0 8 . 8 1 0 7 . 6 4 5 . 2

1 9 8 0 — J a n u a r y 2 4 0 . 7 1 9 5 . 3 1 2 . 8 6 2 . 5 9 . 5 1 1 0 . 5 4 5 . 4 F e b r u a r y 2 4 8 . 5 2 0 3 . 2 1 3 . 5 6 6 . 2 9 . 8 1 1 3 . 8 4 5 . 2 March 2 6 1 . 4 2 1 4 . 2 1 4 . 8 7 2 . 8 1 0 . 1 1 1 6 . 6 4 7 . 2

I 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 term 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.

4 0 the r commitments are expressions of willingness to lend, other than for term Joans and re-

volving credits, that are made known to the customer and are characterized by detailed forma) 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 95 per cent of nonbank financial loans. Individual items may not add to totals due to rounding.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

0.21 ( 4 2 3 ) T*Ua2

OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED

Month-end Total loans made under commitments1

To e< ynmercia! and InduaHil Urme Tononbank

finance institutions

Month-end Total loans made under commitments1 Total

Formalized agreements Confirmed lines5

Tononbank finance

institutions Month-end

Total loans made under commitments1 Total

Term2 Revolving 3 Other4 Confirmed lines5

Tononbank finance

institutions

1978—November 1 1 4 . 9 9 6 . 7 3 6 . 1 2 4 . 2 9 . 0 2 7 . 4 1 8 . 2 December 1 1 6 . 7 9 8 . 3 3 6 . 7 2 5 . 1 9 . 2 2 7 . 2 1 8 . 4

197 9 — J a n u a r y 1 1 5 . 1 9 7 . 5 3 7 . 5 2 5 . 2 8 . 9 2 5 . 9 1 7 . 6 F e b r u a r y 1 1 6 . 6 9 9 . 3 3 7 . 7 2 5 . 9 8 . 8 2 6 . 9 1 7 . 3 March 1 1 9 . 1 1 0 1 . 9 3 8 . 4 2 6 . 6 9 . 0 2 7 . 9 1 7 . 2 A p r i l 1 2 1 . 5 1 0 3 . 8 3 8 . 9 2 7 . 2 9 . 3 2 8 . 5 1 7 . 7 May 1 2 2 . 0 1 0 4 . 4 3 9 . 1 2 7 . 4 9 . 4 2 8 . 4 1 7 . 6 J u n e 1 2 5 . 8 1 0 7 . 3 3 9 . 5 2 8 . 1 9 . 8 2 9 . 9 1 8 . 6 J u l y 1 2 6 . 1 1 0 8 . 0 4 0 . 2 2 8 . 2 9 . 7 2 9 . 8 1 8 . 1 Augus t 1 2 9 . 1 1 1 0 . 2 4 0 . 6 2 8 . 7 1 0 . 4 3 0 . 6 1 9 . 0 S e p t e m b e r 1 3 2 . 6 1 1 4 . 4 4 1 . 3 3 0 . 0 1 0 . 6 3 2 . 5 1 8 . 2 O c t o b e r 1 3 4 . 4 1 1 5 . 6 4 1 . 9 3 0 . 5 1 0 . 5 3 2 . 7 1 8 . 8 November 1 3 4 . 1 1 1 5 . 2 4 2 . 4 3 1 . 0 1 0 . 7 3 1 . 1 1 8 . 9 December 1 3 9 . 2 1 1 9 . 6 4 3 . 3 3 3 . 9 1 1 . 2 3 1 . 3 1 9 . 5

1 9 8 0 — J a n u a r y 1 3 8 . 5 1 1 9 . 9 4 3 . 7 3 4 . 8 11*1 30*4 ISirS F e b r u a r y 1 4 0 . 4 1 2 1 . 0 4 3 . 8 3 5 . 0 1 1 . 1 3 1 . 0 ms March 1 4 4 . 8 1 2 4 . 2 4 4 . 1 3 6 . 6 1 1 . 3 3 2 . 2 2 0 : 5

1 Loans made under commitments are outstanding loans to commercial and industrial firms and flonbank financial institutions, less repayments of principal, made under commitments cur-FWi*t 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.

4Loans 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, tfiat are made known lo the cus-tomer 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; ttwte banfcsa«count for approximately 85 per cent of all commercial and industrial k*n% and 86 jm etn^M'ndbbmk financial loans. Individual items may not add to totals due to rounding.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

G.21(423) Table 3

UNUSED COMMITMENTS B i l l i o n s of d o l l a r s , s e a s o n a l l y a d j u s t e d

Month-end T o t a l unused commitments ^

To commercial and i n d u s t r i a l f i r m s To nonbank

f i n a n c i a l i n s t i t u t i o n s Month-end

T o t a l unused commitments ^ To ta l

Formalized agreements

Confirmed l i n e s ^

To nonbank f i n a n c i a l

i n s t i t u t i o n s Month-end T o t a l unused commitments ^ To ta l Term ̂ Revolving 3 Other ^ Confirmed l i n e s ^

To nonbank f i n a n c i a l

i n s t i t u t i o n s

1978—November 189.6 150.5 9 .6 44 .3 6 .8 89 .5 39*0 December 192.8 153.2 10.4 44 .8 7 .2 90.4 39 .6

197 9—January 196.4 155.6 10.7 47 .0 7 .2 91.1 40.7 February 199.6 158.4 10.8 47 .8 7 .3 92 .1 40 .9 March 202.8 161.5 11.2 49 .1 7 .4 94 .1 41 .3 Apr 11 204.7 163.9 11.2 49 .9 7 .2 95.5 40 .7

g May 208.8 167.1 11 .8 50.9 7 .6 96.9 41.7 B June 212.3 170.2 11 .8 50.4 7 .6 100.2 42 .5

J u l y 213.5 171.1 11.9 51.2 8 . 1 99.8 42 .5 August 215.9 174.1 12 .1 52.8 8 .4 101.0 41 .9 September 220.1 176.9 12 .5 53.4 8 .6 102.6 43 .1 October 224.6 181.5 12.5 56.0 8.7 104.5 4 3 . 5 November 231.7 186.9 12.7 58.9 8 . 8 106.0 44 .6 December 234.0 188.8 12.8 59 .1 8.7 107.8 45 .2

1980—January 237.1 191.8 12 .6 61.2 9 .0 109.5 45.2 February 247.3 202.4 13.5 65.5 9 .4 113.4 . 44 .6 March 259.6 213.2 14.7 72 .4 9 .6 116.7 46 .6

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

G.21(423) Table 4

OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS B i l l i o n s of d o l l a r s , s e a s o n a l l y a d j u s t e d

Month-end T o t a l l o a n s made under

commitments^

To commercial and i n d u s t r i c a l f i r m s To nonbank f i n a n c i a l

i n s t i t u t i o n s Month-end

T o t a l l o a n s made under

commitments^ To ta l

Formal ized agreements

Confirmed l i n e s ^

To nonbank f i n a n c i a l

i n s t i t u t i o n s Month-end

T o t a l l o a n s made under

commitments^ To ta l Term^ Revolving^ Other^ Confirmed l i n e s ^

To nonbank f i n a n c i a l

i n s t i t u t i o n s

197 8—November 113.8 95.9 36.4 2 4 . 1 8 . 8 26.7 17.9 December 115.3 97.5 37 .0 25 .0 9 .0 26 .5 18 .1

1979—January 116 .5 98.4 37 .5 25 .3 8 .9 26.7 1 8 . 1 February 118.4 100.5 37.9 26 .0 9 .0 27 .4 17 .7 March 120.2 102.8 38 .8 26 ,5 9 .0 2 8 . 1 17 .5 A p r i l 122.4 104.2 39.0 27 .3 9 .2 28 .8 18 .1 May 123.5 105.6 39 .5 2 7 . 5 9 .5 29 .0 17 .9 June 125 .6 107.2 39.7 28 .1 9 .6 29 .8 18 .4 Ju ly 127 .3 109.1 40 .2 28.4 10.2 30 .1 1 8 . 1 August 130 .6 111.6 40 .8 29.2 10.7 31.2 19 .0 September 132.0 114.0 41 .3 30.0 10.7 32 .1 18 .1 October 133 .1 114.7 41 .8 30 .5 10.4 32 .1 18.4 November 132.3 113.9 42 .6 30 .8 10 .4 30.2 18. 5

1 December 137.1 118 .3 43 .4 33 .6 10. 9 30.4 19 .1

Pi 980—January 139.7 120.6 43 .5 34 .8 11 .0 31 .3 19 .0 February 142.0 121.9 43 .8 35 .1 11 .3 31 .5 19.9 March 145.4 124.8 44 .3 36.4 11.2 32 .3 20 .8

Note : H i s t o r i c a l d a t a f o r t h e s e a s o n a l l y a d j u s t e d s e r i e s beg inn ing January 1975, w i l l be i nc luded on t h e nex t r e l e a s e .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis