g21_19800901.pdf

FEDERAL RESERVE statistical release ( m M #

G . 2 1 ( 4 2 3 ) F o r i m m e d i a t e r e l e a s e • : S e n t e m b e i 1 9 8 0

LOAN COMMITMENTS AT SELECTED LARGE COMMERCIAL BANKS Table 1 U N U S E D C O M M I T M E N T S Bi l l ions o f dol lars , seasonal ly adjusted

M o n t h - e n d Total u n u s e d

c o m m i t m e n t s 1 T o c o m m e r c i a l and industrial f i r m s T o n o n b a n k

f inancial ins t i tu t ions

M o n t h - e n d Total u n u s e d

c o m m i t m e n t s 1 total f o r m a l i z e d agreement s i c o n f i r m e d l i n e s 5

T o n o n b a n k f inancial

ins t i tu t ions M o n t h - e n d

Total u n u s e d c o m m i t m e n t s 1 total

t erm 2 revolv ingS o t h e r 4 c o n f i r m e d

l i n e s 5

T o n o n b a n k f inancial

ins t i tu t ions

1 9 7 9 — F e b r u a r y 1 9 Q . 6 1 5 8 . 4 1 0 . R 4 7 . 9 7 . 3 - 9 2 . 1 40.-9*5 -M a r c h 2 0 2 . 8 1 6 1 . 5 1 1 . 2 4 9 . 1 I 7 . 4 9 4 . 1 -• . 4 1 . 3

- A p r i l 2 0 4 . 7 1 6 3 . 9 1 1 . 2 4 9 . 9 ' 7 . 2 | 9 5 . 5 - . 4 0 . 7 May 2 0 8 . 8 1 6 7 . 1 1 1 . 8 5 0 . 9 : 7 . 6 9 6 . 9 - 4 1 . 7 J u n e 2 1 2 . 3 1 7 0 . 2 1 1 . 8 5 0 . 4 i 7 . 6 1 0 0 . 2 4 2 . 5 J u l y 2 1 3 . 5 1 7 1 . 1 1 1 . 9 5 1 . 2 8 . 1 , 9 9 . 8 , 4 1 1 . 5 A u g u s t 2 1 4 . 9 1 7 4 . 1 1 2 . 1 5 2 . 8 . ' 8 . 4 / : i o i . o 4 1 . 9 S e p t e m b e r 2 2 0 . 1 1 7 6 . 9 1 2 . 5 5 3 . 4 8 . 6 1 0 2 . 6 4 3 . 1 O c t o b e r 2 2 4 . 1 1 8 1 . 1 1 2 . 5 5 6 . 0 ; 8 . 7 1 0 4 . 1 4 3 . 5 N o v e m b e r 2 3 1 . 3 1 8 6 . 6 1 2 . 7 5 8 . 9 8 . 8 1 0 5 . 7 4 4 . 6 D e c e m b e r 2 3 5 . 4 1 9 0 . 1 1 2 . 9 5 9 . 2 i 8 . 4 1 0 9 . 2 4 5 . 2

1 9 8 0 — J a n u a r y 2 3 8 . 7 1 9 3 . 0 1 2 . 8 6 1 . 0 ' 8 . 7 1 1 1 . 0 4 5 . 6 F e b r u a r y 2 4 9 . 2 2 0 3 . 8 1 3 . 7 6 5 . 6 9 . 1 1 1 5 . 1 4 4 . 9 M a r c h 2 6 1 . 8 2 1 4 . 8 1 6 . 5 7 2 . 0 9 . 3 1 1 7 . 3 4 7 , 1 A p r i l 2 7 6 . 5 2 2 6 . 5 1 6 . 9 7 9 . 7 , , 9 . 9 1 2 0 , 0 5 0 . 0 . May 2 8 3 . 5 2 3 1 . 5 1 5 . 6 8 5 . 0 9 - 5 . 1 2 1 , 4 5 2 . 0 J u n e 2 8 4 . 9 2 3 3 . 2 1 5 . 6 8 6 . 2 1 0 . 2 1 2 1 . 2 5 1 . 7 J u l y 2 6 9 . 1 2 3 5 . 1 1 5 . 8 8 7 . 2 9 . 9 . 1 2 2 . 2 5 4 . 0 "

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 matu-rity 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 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 specify-ing 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 percent of commercial and industrial loans, and 95 percent of nonbank financial loans. Individual items may not add to totals due to rounding.

I

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

Table 2 J P • OUTSTANDING LOANS MADE UNDER COMMITMENTS AT SELECTED LARGE BANKS Billions of dollars, seasonally adjusted

Month-end Total loans made under

commitments 1

To commercial and industrial firms TondnbanM financial

institutions Month-end

Total loans made under

commitments 1 total formalized agreements confirmed

linesS

TondnbanM financial



commitments 1 total

term 2 revolving 3 other4 confirmed

linesS

TondnbanM financial

institutions

1979—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 28.1 17.5 Apri l 122.4 104.2 39.0 27.3 9.2 28.8 18.1 May 123.5 105.6 39.5 27.5 9.5 29.0 17.9 June 125.6 107.2 39.7 28.1 4.6 29.8 18.4 Ju ly 127.3 109.1 40.2 28.4 i n . 2 30.1 18.1 August 130.6 111.6 40.8 2 9 . 2 10.7 31.2 19.0 September 132.0 114.0 41.3 30.0 10.7 32.1 18.1 October 133.0 114.6 41.8 30.5 10.4 32.0 18.4 November 132.3 113.9 42.6 30.8 10.4 30.2 18.5 December 137.1 118.2 43.4 33.6 10.9 30.4 19.1

19 80—- Ja nua ry 139.5 119.8 43.5 34.0 11.0 31.3 19.7 February 142.0 120.9 43.8 34.3 11.3 31.5 20.7 March 145.3 123.8 44.3 35.6 11.2 32.4 21.5 Apr i l 142.0 121.1 44.6 34.5 11.3 31.3 20.8 May 137.8 118.5 44.6 32.7 11.0 30.2 19.3 June 136.3 117.3 44.0 32.7 12.4 28.2 19.0 Ju ly 137.2 118.1 44.2 32.7 12.9 28.3 19 .1

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 other commitments are loads made under expres-sions 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 gen-eral 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 percent of all commercial and industrial loans, and 95 percent of all 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

Table 3 UNUSED COMMITMENTS Billions of dollars, not seasonally adjusted

Month-end Total unused

commitments 1 T9-commercial and industrial firms , To nonbank

. financial institutions


commitments 1 total formalized agreements confirmed j lines5

To nonbank . financial institutions


commitments 1 total term 2 . revolving 3 other4 .

confirmed j lines5

To nonbank . financial institutions

1 9 7 9 — 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 93 .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 June 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 5Q.0 7 .7 1 0 0 . 1 r 4 1 . 9 August X 2 1 5 . 7 1 7 4 . 2 5 2 . 2 8 . 4 101 .5 . 4 1 . 5 Sep tember 218 .7 1 7 5 . 9 1 2 . 5 5 2 . 9 ; 8 . 6 - 1 0 2 . 0 . 4 2 . 8 O c t o b e r 2 2 3 . 7 1 8 0 . 6 1 2 i 8 5 6 . 3 8 . 6 : 1 0 2 . 9 V 4 3 . 1 Novembe r 2 3 2 . 0 1 8 7 . 7 1 3 . 2 6 0 . 1 8 . 9 ; 1 0 5 . 5 4 4 . 3 December 2 3 7 . 0 1 9 1 . 8 1 3 . 2 6 1 . 2 8 . 5 • 1 0 9 . 0 4 5 . 2

1 9 8 0 — J a n u a r y 2 4 2 . 3 1 9 6 . 5 1 3 . 0 6 2 . 3 9^2 : 1 1 2 . 0 . F e b r u a r y 2 5 0 . 4 2 0 4 . 8 1 3 . 7 6 6 . 3 9 . 5 : 1 1 5 . 4 4 5 . 6 March 2 6 3 . 6 2 1 5 . 9 1 6 . 5 7 2 , 4 9 , 8 i 1 1 7 . 2 , 4 7 . 7 A p r i l 2 7 5 . 7 2 2 5 . 1 1 6 , 6 79>2 9 , 7 : 1 1 9 . 5 . 5 0 . 6 May 2 8 1 . 2 2 2 9 . 1 1 5 . 2 8 3 . 1 9 . 5 i 1 2 1 . 4 5 2 . 1 J u n e 2 8 1 . 0 2 2 9 . 7 1 5 i 4 8 4 ; 0 9 . 2 ; 1 2 1 . 1 5 1 . 4 J u l y 2 8 6 . 2 ; 2 3 2 . 7 1 5 . 2 * 5 i 2 9 . 4 1 2 2 . 8 53 .5

NOTE: See Table 1 for footnotes. 3TCM


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

Month-end Total loans made under

commitments 1

To commercial and industrial firms To nonbank financial



commitments 1 total formalized agreements confirmed

Iines5

To nonbank financial



commitments 1 total

term 2 revolving3 other 4 confirmed

Iines5

To nonbank financial

institutions

1 9 7 9 — 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 A u g u s 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 . 3 1 1 5 . 5 4 1 . 9 3 0 . 5 1 0 . 5 3 2 . 6 1 8 . 8 November 1 3 4 . 0 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 . 4 1 1 9 . 1 4 3 . 7 3 4 . 0 1 1 . 1 3 0 . 3 F e b r u a r y 1 4 0 . 4 1 2 0 . 1 4 3 . 8 3 4 . 2 1 1 . 1 3 1 . 0 2 0 . 2 March 1 4 4 . 6 1 2 3 . 3 4 4 . 1 3 5 . 8 1 1 . 3 3 2 . 1 2 1 . 3 A p r i l 1 4 1 . 4 1 2 1 . 1 4 4 . 7 3 4 . 4 1 1 . 1 3 1 . 0 2 0 . 3 May «• 1 3 6 . 7 1 1 7 . 7 4 4 . 4 3 2 . 7 1 1 . 0 2 9 . 7 1 9 . 0 J u n e 1 3 6 . 9 1 1 7 . 7 4 4 . 0 3 2 . 7 1 2 . 6 2 8 . 4 1 9 . 2 J u l y 1 3 6 . 5 1 1 7 . 5 4 4 . 4 3 2 . 6 1 2 . 4 2 8 . 1 1 9 . 1

NOTE: See Table 2 for footnotes.


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