g21_19800601.pdf

FEDERAL RESERVE statistical release . - .QtWIt

G.21 (423)

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

Month-end Total unused

commitments 1 To commercial and industrial firms To nonbank

financial institutions

Month-end Total unused

commitments 1 total formalized agreements confirmed lines 5

To nonbank financial

institutions Month-end

Total unused commitments 1 total

term 2 revolvingS other4 confirmed

lines 5

To nonbank financial

institutions

1978November 189.7 151.2 9 .9 45.2 6 .9 8 9 . 1 38 .6 December 193.7 154.2 10 .6 46 .2 7 . 3 90.0 39.5

1979January 198.9 158.2 10 .9 47 .9 7 .6 91.7 4 0 . 8 February 200.1 158.7 10 .8 48 .2 7 . 5 92 .2 41.4 March 203.8 162.0 11.2 49 .3 7 .8 93.7 4 U 7 A p r i l 203.6 162.6 11 .1 49 .6 7 . 1 94 .8 41 .0 May 207.2 165.5 11 .5 49.7 7 .6 96.7 4 1 . 6 June 209.7 167.5 11 .6 49 .1 6 .9 99 .9 42 .1 Ju ly 211.0 169.1 11.4 50.0 7.7 100 .1 41 .9 August 215.7 174.2 12 .0 52.2 8 .4 101.5 41 .5 September 218.7 175.9 12 .5 52.9 8 .6 102.0 42 .8 October 224.0 181.0 12 .8 56 .3 8 . 6 103 .3 43 .1 November 232.3 188 .1 13.2 6 0 . 1 8 .9 105.9 44 .3 December 235.7 190.6 13 .1 61.0 8 . 8 107.7 45 .2

1980January 240.9 195 .1 12.8 62.2 9 . 5 110.6 45*7: February 248.6 203.1 13. 5 65.9 9 . 8 113.9 45 .5 March 261.6 214 .1 16 .0 71 .3 10 .1 116.6 4 7 . 5 A p r i l 273.1 222.8 16.2 77 .9 12 .6 116.0 50.4

For Immediate Re lease June 1980

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.

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

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

Month-end Total loans made under

commitments1

To commercial and industrial firms To nonbank financial

institutions Month-end

Total loans made under

commitments1 total formalized agreements confirmed

lines5

To nonbank financial

institutions Month-end

Total loans made under

commitments1 total

term 2 revolving 3 other4 confirmed

lines5

To nonbank financial

institutions

197 8November 114.9 96.7 36.1 24.2 9 .0 27.4 18.2 December 116.7 98.3 36.7 25.1 9.2 27.2 18.4

197 9January 115.1 97.5 37.5 25.2 8.9 25.9 17.6 February 116.6 99.3 37.7 25.9 8.8 26.9 17.3 March 119.1 101.9 38.4 26.6 9 .0 27.9 17.2 Apr i l 121.5 103.8 38.9 27.2 9 .3 28.5 17.7 May 122.0 104.4 39.1 27.4 9.4 28.4 17.6 June 125.8 107.3 39.5 28.1 9.8 29.9 18.6 Ju ly 126.1 108.0 40.2 28.2 9.7 29.8 18.1 August 129.1 110.2 40.6 28.7 10.4 30.6 19.0 September 132.6 114.4 41.3 30.0 10.6 32.5 18.2 October 134.4 115.6 41.9 30.5 10.5 32.7 18.8 November 134.1 115.2 42.4 31.0 10.7 31.1 18.9 December 139.2 119.7 43.3 33.9 11.2 31.3 19.5

1980January 138.5 119.2 43.7 34.0 11.1 30.4 19.3 February W . 4 120.2 43.6 34.3 11.1 31.0 20.2 March 144.7 123.4 44.2 35.8 11.3 32.2 21.3 Apri l 141.6 121.3 44.7 34.4 11.6 30.7 20.3

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 loans made under expres-sions of willingness to lend, other than for term loam and revolving credits, that are made known to the customer and are characterized by detailed

formal agreements specifying the terms and condition? under which loan is to be made.

5. Loans made under confirmed lines of credit arc loans msdo under gen-eral expressions of willingness to lend, other than for tc;m ioa.is 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 arc 134 weekly reporting banks; these benks 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 To commercial and industrial firms . To nonbahk

financial institutions

Month-end Total unused

commitments 1 total formalized agreements confirmed linesS

. To nonbahk financial

institutions Month-end

Total unused commitments 1 total

term 2 revolving3 other# confirmed

linesS

. To nonbahk financial

institutions

1978November 189.6 150.2 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

1979January 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 Apri l 204.7 163.9 11.2 49.9 7.2 95.5 40.7 May 208.8 167.1 11.8 50.9 7 .6 96.9 41.7 June 212.3 170.2 11.8 50.4 7.6 100.2 42.5 July 213.5 171.1 11.9 51.2 8 .1 99.8 42.5 August 214.9 174.1 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 43.5 November 231.7 186.9 12.7 58.9 8.8 106.0 44.6 December 234.1 188.9 12,8 59.1 8.7 107.9 45.2

1980January 237.3 191.7 12.6 60.9 9 .0 109.6 45.4 February 247.4 202.3 13.5 65.2 9.4 113.6 44.8 March 259.8 213.0 16.0 70.9 9.6 116.7 46.9 Apri l 273.9 224.1 16.5 78.4 12.8 116.5 49.9

NOTE: See Table 1 for footnotes.

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

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

To commercial and industrial firms To nonbank financial

institutions Month-end

Total loans made under

commitments 1 total formalized agreements confirmed

linesS

To nonbank financial

institutions Month-end

Total loans made under

commitments 1 total

term 2 revolvingS other4 confirmed

linesS

To nonbank financial

institutions

1978November 113.8 95.9 36.4 24.1 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 18.1 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 28.1 17.5 Apr i 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 9.6 29.8 18.4 Ju ly 127.3 109.1 40.2 28.4 10.2 30.1 18.1 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 December 137.1 118.3 43.4 33.6 10.9 30.4 19.1

1980January 139.7 119.9 43.5 34.0 11.0 31.3 19.7 February 142.0 121.0 43.8 34.4 11.3 31.5 20.7 March 145. 5 123.9 44.4 35.6 11.2 32.3 21.5 Apr i l 142.2 121.3 44.6 34.5 11.5 31.0 20.8

NOTE: See Table 2 for footnotes.

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

UNUSED COMMITMENTS, SA Total unused Total Term Revolving commitments C&I Revolving

197b-JAN... 132.8 1 103.3 1 6.1 27.3 -FEB... 136.1 I 103.2 1 6. 1 28.5 -MAR... 136.2 t 106.0 1 6.0 29.2 -APR.., 140.9 1 110,0 I 6.4 30.6 -MAY... 144.1 1 112.8 I 6.3 31.7 -JUN... 144.1 i 113.8 I 6.2 32.0 . -JUL... 146.3 1 115.5 i 6. 2 33.0 -AUG... 147.8 1 116.6 1 6.2 33.2 -SEP... 147.8 1 117.0 1 6. 3 33.8 -OCT... 149.1 i 117.3 I 6.3 33.6 -NOV... 148.1 1 116.5 1 6.2 33.8 -DEC... 150.0 I 118.3 1 6. 1 34.2 1976-JAN... 150.5 1 118.7 1 6. 1 34.0 -FEB... 151.3 1 119.9 1 6. 1 34.% -MAR... 152.5 1 120.8 1 6.2 - 35.0 -APR... 153.8 I 121.7 1 6. 1 35.4 -MAY... 154.4 1 121.9 1 6.2 35.4 -JUN... 155.3 1 123.5 1 6.3 36.1 -JUL,.. 153.7 I 121.3 1 6.3 35.8 -AUG*.. 154.3 1 121.6 I 6.4 -35.4 --SEP... 155.8 1 122.9 1 6.3 35.7 -OCT... 156.5 1 123.9 1 6.2 34! 9 -NOV... 156.3 1 123.5 1 6.3 34.8 -DEC... 154.6 I 122.3 1 6.4 34.9 1977-JAN... 157.3 1 124.8 1 6.3 34.4 -FEB... 157.2 1 124.7 1 6.5 34.6 -MAR... 158.3 I 125.9 1 6.7 34.9 -APR... 159.4 1 126.8 1 6.8 35.0 -MAY... 160.0 I 127.6 1 7.0 35.0 -JUN... 161.2 I 128,4 1 7.2 35.6 JUL... 162.4 I 129.3 1 7.8 34.7 -AUG... 162.9 I 129.4 I 7.5 c'5.2 -SEP... 164.1 1 130.3 1 7.6 35.4 -OCT... 165.9 1 131.7 1 8. 1 36.9 -NOV... 168.8 1 134.1 I 8.2 36.9 -DEC... 170.0 1 135.1 1 8.4 37.6 1978-JAN... 170.6 1 135.0 I 8.5 38.3 -FEB... 173.4 I 136.6 1 8.7 37.9 -MAR... 169.3 I 132.8 1 8.6 36.3 -APR... 173.8 1 136.7 1 8.9 37,7 -MAY... 174.3 I 137.2 t 8.8 38.4 fyuN... 176.3 1 138.7 1 8.9 38*7 181.1 1 143.1 1 9,5 41.3 '*823661*.. 184.2 1 146.2 1 9.8 43.4 -SEP... 186.0 1 147.3 1 9.3 44. 1 ->OCT... 186.0 1 147.9 1 9.2 43.3 tNOV... 189.6 1 150.5 1 9.6 44.9 -DEC... 192.8 1 152.2 1 10.4

To nonbank Other Confirmed financial

lines institutions 4.2 I 66.0 I 29.4 1 4.2 1 66.2 I 30.6 t 4.0 i 67.0 1 30.3 1 4.4 i 68.6 1 30.7 I 4.5 t 70.2 1 31.3 1 4.8 1 70.6 1 30.4 I 4.5 1 71.5 I 30.8 1 4.7 i 72.5 I 31.2 I 4.8 i 72.2 I 30.7 1 5. 1 1 72.5 I 32.1 1 4.8 t 71.6 t 31.6 I 4.8 1 73. 1 I 31.7 I 4.9 i 74. 1 I 31.7 1 4.8 I 74.5 1 31. 1 1 4.9 I 75.0 1 31.7 1 5. 1 1 75.2 I 32.0 1 5.2 1 75.1 1 32.5 1 5.2 1 75. 8 I 32.0 I 4.8 i 74.2 1 32.4 1 -4,8 4 75.2 1- 32.8 4, 4.8 1 76.3 t 3*2.9 I 4.8 t 78.4 1 * 32.9 i 4.9 1 77.5 1 32 .7 1 5.0 1 75.8 I 32.3 1 4.9 1 79.4 1 32.4 1 5. 1 I 78.2 I 32.2 1 4.8 I 79.8 1 32.5 I 5. 1 1 79.9 1 32.4 I 5.0 1 80.6 I 32.4 1 5,2 1 80.3 1 33.0 I 5.6 1 81.0 1 33. 1 1 5.7 I 81.2 i 33.5 1 5.8 t 81.5 I 33.7 1 5.9 1 81.1 1 34.5 1

- 6.7 I 82.0 1 34.6 1 6.0 1 82.9 1 35.0 1 5.9 1 82.7 1 35.5 1 6.2 1 83.4 I 36.5 1 6.6 1 81.5 1 36.6 1 7.0 1 83.2 1 37.0 1 6.5 1 83.2 t 37.1 1 6.5 1 84.4 1 37.8 1 6.7 1 85,4 1 38.1 I 6.6 t 86.5 1 39,0 1 6.5 1 87.5 1 6.6 1. 89.0 1 # . 5 1

Total4 LARGE BANKS, SA

.To nonl Confirmed iflxumd;

3 ^ ^ J|AZO' 3 # '