US Commercial Banks. Yardeni Research, Inc. November 18, Dr. Edward Yardeni. Mali Quintana. thinking outside the box

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1 US Commercial Banks November 18, 211 Dr. Edward Yardeni Mali Quintana Please visit our sites at www. blog. thinking outside the box

2 Table Of Contents Table Of Contents Bank Credit 1-2 Securities 3-4 Loans 5 C&I Loans 6 Real Estate Loans 7 Consumer Loans 8 Liabilities 9-1 Borrowings 11 Miscellaneous Banking Large Banks Small Banks Commercial Paper 2-21 Large & Small Banks Commercial Bank Capital Proxy 25 Senior Loan Officer Opinion Survey 26 November 18, 211 / US Commercial Banks www.

3 Figure 1. BANKS: TOTAL CREDIT (trillion dollars, sa) - Bank Credit * Includes loans, leases, and securities Figure 2. BANKS: TOTAL CREDIT At All Banks Page 1 / November 18, 211 / US Commercial Banks www.

4 3 Figure 3. BANKS: SECURITIES - Bank Credit * Break in data. New accounting rules adopted in April Figure 4. BANKS: LOANS & LEASES (yearly change, billion dollars, sa) Page 2 / November 18, 211 / US Commercial Banks www.

5 Figure 5. BANKS: SECURITIES Total Securities - Securities Figure 6. BANKS: SECURITIES US Treasury & Agency Securities Other Securities Page 3 / November 18, 211 / US Commercial Banks www.

6 3 Figure 7. BANKS: US TREASURY & AGENCY SECURITIES (billion dollars, yearly change) - Securities Figure 8. BANKS: US TREASURY & AGENCY SECURITIES (as a percent of bank credit) Page 4 / November 18, 211 / US Commercial Banks www.

7 74 7 Figure 9. BANKS: LOANS & LEASES IN BANK CREDIT - Loans Figure 1. BANKS: LOANS & LEASES IN BANK CREDIT 1 5 Securities* * Break in data. New accounting rules adopted in April Page 5 / November 18, 211 / US Commercial Banks www.

8 Figure 11. BANKS: COMMERCIAL & INDUSTRIAL LOANS - C&I Loans Figure 12. BANKS: COMMERCIAL & INDUSTRIAL LOANS Page 6 / November 18, 211 / US Commercial Banks www.

9 Figure 13. BANKS: MISC. REAL ESTATE LOANS Commercial Real Estate Other Residential Loans Home Equity Loans Real Estate Loans Figure 14. BANKS: MISC. REAL ESTATE LOANS Commercial Real Estate Other Residential Loans Home Equity Loans Page 7 / November 18, 211 / US Commercial Banks www.

10 - Consumer Loans Figure 15. BANKS LOANS Other Consumer Loans 65 6 Credit Card & Other Revolving Plans Figure 16. BANKS LOANS Other Consumer Loans Credit Card & Other Revolving Plans Page 8 / November 18, 211 / US Commercial Banks www.

11 - Liabilities Figure 17. BANKS: TOTAL LIABILITIES Figure 18. BANKS: TOTAL LIABILITIES Page 9 / November 18, 211 / US Commercial Banks www.

12 - Liabilities - 9 Figure 19. BANKS: TOTAL DEPOSITS Figure 2. BANKS: TOTAL DEPOSITS Page 1 / November 18, 211 / US Commercial Banks www.

13 - Borrowings Figure 21. BANKS: BORROWINGS* By All Banks * From banks and nonbanks in the US. 7 5 Figure 22. BANKS: BORROWINGS* * From banks and nonbanks in the U.S. Page 11 / November 18, 211 / US Commercial Banks www.

14 22 2 Figure 23. BANKS: CASH ASSETS OF COMMERCIAL BANKS (billion dollars) - Miscellaneous Banking Source: Federal Reserve Board Figure 24. BANKS: NET DUE TO RELATED FOREIGN OFFICES (billion dollars) Page 12 / November 18, 211 / US Commercial Banks www.

15 24 2 Figure 25. BANKS: RESIDUAL (ASSETS LESS LIABILITIES) - Miscellaneous Banking Figure 26. TRADING ASSETS & LIABILITIES AT ALL COMMERCIAL BANKS Derivatives with a positive fair value Derivatives with a negative fair value III IV I II III IV I II III IV Source: Federal Reserve Board, Table H.8. Week ending Wednesday Page 13 / November 18, 211 / US Commercial Banks www.

16 - Large Banks Figure 27. LARGE BANKS: BANK CREDIT Figure 28. LARGE BANKS: BANK CREDIT (as a percent of total bank credit) Page 14 / November 18, 211 / US Commercial Banks www.

17 - Large Banks - 16 Figure 29. LARGE BANKS: TOTAL SECURITIES Figure 3. LARGE BANKS: TOTAL LOANS & LEASES Page 15 / November 18, 211 / US Commercial Banks www.

18 - Large Banks - 5 Figure 31. LARGE BANKS Total Deposits Figure 32. LARGE BANKS: BORROWINGS Page 16 / November 18, 211 / US Commercial Banks www.

19 35 Figure 33. SMALL BANKS: BANK CREDIT - Small Banks Figure 34. SMALL BANKS: BANK CREDIT (as a percent of total bank credit) Page 17 / November 18, 211 / US Commercial Banks www.

20 - Small Banks Figure 35. SMALL BANKS: TOTAL SECURITIES Figure 36. SMALL BANKS: TOTAL LOANS & LEASES Page 18 / November 18, 211 / US Commercial Banks www.

21 - Small Banks - 3 Figure 37. SMALL BANKS Total Deposits Figure 38. SMALL BANKS: BORROWINGS Page 19 / November 18, 211 / US Commercial Banks www.

22 Figure 39. C&I LOANS AT ALL BANKS PLUS NONFINANCIAL COMMERCIAL PAPER (billion dollars, nsa) - Commercial Paper Figure 4. COMMERCIAL & INDUSTRIAL LOANS (billion dollars, nsa) NONFINANCIAL COMMERCIAL PAPER (billion dollars, nsa) 11/ Page 2 / November 18, 211 / US Commercial Banks www.

23 Figure 41. SHORT-TERM BUSINESS CREDIT - Commercial Paper Commercial & Industrial Loans Nonfinancial Commercial Paper Figure 42. C&I LOANS AT ALL BANKS PLUS NONFINANCIAL COMMERCIAL PAPER Page 21 / November 18, 211 / US Commercial Banks www.

24 75 Figure 43. BANK CREDIT - Large & Small Banks At Large Domestic Banks* At Small Domestic Banks* * Adjusted for mergers Figure 44. LOANS & LEASES At Large Domestic Banks* At Small Domestic Banks* * Adjusted for mergers. Page 22 / November 18, 211 / US Commercial Banks www.

25 - Large & Small Banks Figure 45. SECURITIES AT BANKS At Large Domestic Banks* At Small Domestic Banks* * Adjusted for mergers. Excluding US government securities. 5 4 Figure 46. DOMESTIC BORROWINGS At Large Domestic Banks* At Small Domestic Bank* * Adjusted for mergers. Page 23 / November 18, 211 / US Commercial Banks www.

26 8 Figure 47. COMMERCIAL BANKS: CASH ASSETS (billion dollars) - Large & Small Banks Large Banks 5 4 Small Banks Source: Federal Reserve Board. Page 24 / November 18, 211 / US Commercial Banks www.

27 - Commercial Bank Capital Proxy Figure 48. COMMERCIAL BANKS: CAPITAL PROXY* Oct All Banks Large Banks 8 6 Small Banks * Assets minus liabilities Figure 49. COMMERCIAL BANKS: CAPITAL PROXY*/ASSETS All Banks Large Banks Oct * Assets minus liabilities. Page 25 / November 18, 211 / US Commercial Banks www.

28 Figure Senior Loan Officer Opinion Survey - SENIOR LOAN OFFICER OPINION SURVEY: BANKS TIGHTENING STANDARDS (net percentage of domestic respondents) Consumer Credit Loans Other Consumer Loans SENIOR LOAN OFFICER OPINION SURVEY: BANKS TIGHTENING STANDARDS (net percentage of domestic respondents) C&I Loans to Large Firms C&I Loans to Small Firms Q SENIOR LOAN OFFICER OPINION SURVEY: BANKS TIGHTENING STANDARDS (net percentage of domestic respondents) Source: Federal Reserve Board. Residential Mortgages Q4 Q Page 26 / November 18, 211 / US Commercial Banks www.

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