�F.109 Commercial Banking (1)������������
�Billions of dollars; quarterly figures are seasonally adjusted annual rates������������
�stock price direction� DOWN DOWN DOWN UP UP UP DOWN UP UP UP DOWN
�bond price direction UP UP UP UP DOWN DOWN UP DOWN DOWN DOWN DOWN
2001 2002 2003 2004 2005 2005 2006
Q1 Q2 Q3 Q4 Q1 Q2
1 Gross saving 81.7 93.3 86.3 70.4 78.4 73.2 73.4 94.9 72.1 67.0 73.4 1
2 Fixed nonresidential investment 22.0 18.9 19.0 22.4 24.0 23.8 23.9 24.1 24.4 25.4 25.9 2
3 Net acquisition of financial assets 350.2 476.6 506.9 747.5 763.1 1034.3 785.0 826.6 406.4 852.8 941.4 3  
4 Vault cash 2.9 0.5 0.1 -6.4 8.6 38.7 5.9 -15.4 5.1 -5.0 2.5 4
5 Reserves at Federal Reserve -2.2 4.5 0.0 1.1 -4.5 -2.4 -11.8 -5.3 1.5 -0.6 -4.3 5
6 Checkable deposits and currency 1.1 -0.3 0.0 1.0 -0.5 0.5 0.7 -2.1 -0.9 -1.4 0.0 6
7 Total bank credit 216.0 408.3 331.3 563.5 679.8 990.8 619.2 711.2 398.2 924.7 862.1 7  
8 Treasury securities -21.9 43.2 3.0 -22.8 -13.0 36.0 -44.9 11.8 -54.8 -30.5 39.7 8
9 Agency- and GSE-backed securities 55.6 140.5 83.6 96.9 -6.8 95.5 -63.3 -55.4 -3.9 154.5 162.4 9
10 Municipal securities 6.1 1.5 10.8 8.3 16.9 20.6 8.1 17.5 21.4 12.2 3.9 10
11 Corporate and foreign bonds 97.0 -3.2 44.6 77.3 126.5 255.9 186.0 115.5 -51.4 94.9 149.0 11
12 Total loans 71.3 225.2 193.2 405.0 558.0 588.5 533.3 621.0 489.4 696.1 503.6 12  
13 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13
14 Bank loans n.e.c. -75.8 -80.2 -92.6 48.5 159.2 137.3 162.6 74.0 262.7 280.8 127.5 14
15 Mortgages 129.8 268.5 197.5 339.5 361.2 425.4 325.6 403.3 290.6 319.3 347.8 15
16 Consumer credit 17.4 34.1 52.8 34.9 2.8 -5.5 16.9 81.6 -82.0 45.0 2.4 16
17 Security credit 0.0 2.8 35.5 -17.9 34.9 31.3 28.2 62.0 18.1 51.0 25.9 17
18 Corporate equities 0.2 -0.6 2.3 -0.2 0.0 -0.9 4.3 -2.3 -1.2 1.9 -2.9 18
19 Mutual fund shares 7.8 1.7 -6.2 -0.9 -1.8 -4.9 -4.3 3.1 -1.3 -4.3 6.5 19
20 Customers' liab. on acceptances (2) -2.9 0.0 -0.2 -0.4 0.0 0.3 0.4 0.8 -1.5 0.2 -0.1 20
21 Miscellaneous assets 135.3 63.6 175.7 188.6 79.6 6.4 170.6 137.3 4.0 -65.1 81.2 21
22 Net increase in liabilities 353.2 500.3 466.0 935.9 715.7 783.1 854.4 737.3 488.2 711.3 844.3 22  
23 Net interbank liabilities -29.4 11.9 -14.9 24.6 3.1 -33.4 78.8 -15.6 -17.3 -26.0 -152.2 23  
24 To monetary authority -1.0 0.4 -0.7 1.2 0.0 -9.3 2.5 5.4 1.4 -5.0 -1.8 24
25 To domestic banks (3) 17.2 7.2 -4.4 15.0 9.7 33.6 -37.4 1.4 41.1 25.2 -0.8 25
26 To foreign banks -45.6 4.2 -9.7 8.4 -6.6 -57.7 113.7 -22.4 -59.8 -46.2 -149.6 26
27 Checkable deposits 102.2 -57.3 30.9 44.6 -36.5 17.7 -49.8 -104.8 -9.0 14.3 7.1 27  
28 Federal government 45.3 -16.4 -0.9 -3.2 7.0 25.3 -36.9 13.7 25.8 -61.3 63.4 28
29 Rest of the world -4.8 -0.6 12.2 27.6 26.0 -64.0 121.2 53.4 -6.6 67.4 59.1 29
30 Private domestic 61.7 -40.3 19.6 20.2 -69.5 56.5 -134.1 -171.9 -28.3 8.2 -115.5 30
31 Small time and savings deposits 249.4 269.4 230.4 281.8 268.1 216.6 195.5 404.0 256.4 118.9 194.7 31
32 Large time deposits 32.7 -2.8 18.8 186.3 229.8 210.9 179.4 337.1 191.7 325.2 291.9 32
33 Federal funds and security RPs (net) -42.3 115.5 67.6 4.1 116.6 163.1 122.0 119.7 61.8 131.6 145.2 33
34 Credit market instruments 52.9 49.7 49.2 77.7 85.1 149.3 47.1 82.8 61.2 62.5 195.0 34  
35 Open market paper -8.3 -2.5 -6.3 10.6 4.0 27.1 -7.3 22.5 -26.1 6.6 47.7 35
36 Corporate bonds 37.0 22.0 46.9 58.3 56.7 79.3 30.8 38.2 78.4 47.2 90.6 36
37 Other loans and advances 24.2 30.2 8.5 8.8 24.4 42.9 23.7 22.1 8.9 8.7 56.8 37
38 Corporate equity issues -8.1 -10.7 -2.4 17.6 -13.8 -22.1 11.3 -25.0 -19.4 -26.6 -13.4 38
39 Taxes payable 2.4 2.6 2.9 3.2 3.4 3.3 3.4 3.5 3.5 3.6 3.7 39
40 Miscellaneous liabilities -6.5 121.9 83.6 296.0 59.9 77.7 266.7 -64.3 -40.6 107.8 172.4 40
41 Discrepancy 62.8 98.1 26.4 236.4 7.0 -201.7 118.9 -18.5 129.5 -99.9 -49.6 41
Memo:
42 Credit market funds advanced (4) 205.2 404.4 299.5 582.2 646.8 965.6 591.4 649.2 381.1 876.4 832.5 42
�-1�� U.S.-chartered commercial banks, foreign banking offices in U.S., bank holding companies, and banks in U.S.-affiliated areas. IBFs are excluded from domestic banking and treated the�������������
� same as branches in foreign countries.���������������
�-2 Included in other loans and advances (table F.216).���������������
�-3 Floats and discrepancies in interbank transactions.���������������
�-4�� Total bank credit (line 7) less security credit (line 17) less corporate equities (line 18) less mutual fund shares (line 19) plus customers' liability on acceptances (line 20).�������������