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Document Sample
March 1993
Securities Markets and Corporate Finance A35
1.51 DOMESTIC FINANCE COMPANIES Assets and Liabilities1
Billions of dollars, end of period; not seasonally adjusted
1991 1992
Account 1989 1990 1991
01 Q2 03 04 Ql Q2 Q3
ASSETS
462 9 492 9 480.3 482.9 488.5 484 7 480 3 475 7 477.0 474.7
138.9 133.9 121.9 127.1 127.5 125.3 121.9 118.4 116.7 117.4
270.2 293.5 292.6 291.7 295.2 293.2 292.6 291.6 293.9 289.3
53 8 65 5 65 8 64 1 65 7 66 2 65 8 65 8 664 68 0
54.7 57.6 55.1 57.2 58.0 57.6 55.1 53.6 51.2 50.8
8.4 9.6 12.9 10.7 11.1 13 1 12.9 13 0 12.3 12.0
7 Accounts receivable, net 399.8 425.7 412.3 415.0 419.3 414.1 412.3 409.1 413.6 411.8
8 All other 102 6 113 9 149.0 118 7 122.8 136 4 149 0 145 5 139 4 146 5
9 Total assets S02.4 539.6 561.2 533.7 542.1 550.5 561.2 554.6 553.0 558.4
LIABILITIES AND CAPITAL
27.0 31.0 42.3 35.6 36.9 39.6 42.3 38.0 37.8 38.3
160.7 165 3 159.5 155.5 156.1 156 8 159.5 154 4 147.7 153.2
Debt
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
35.2 37.5 34.5 32.4 34.2 36.5 34.5 34.5 34.8 32.3
15 Not elsewhere classified 162.7 178.2 191.3 182.4 184.5 185.0 191.3 189.8 191.9 191.4
61.5 63.9 69.0 64.3 67.1 68.8 69.0 72.0 73.4 73.7
17 Capital, surplus, and undivided profits 55.2 63.7 64.8 63.4 63.3 63.8 64.8 66.0 67.1 68.1
18 Total liabilities and capital 502.4 539.6 561.2 533.7 542.1 550.5 561.2 5S4.6 548.4 558.4
1. Includes finance company subsidiaries of bank holding companies but not of companies; securitized pools are not shown since they are not on the books.
retailers and banks. Data are amounts carried on the balance sheets of finance 2. Before deduction for unearned income and losses.
1.52 DOMESTIC FINANCE COMPANIES'
Millions of dollars, amounts outstanding, end of period
1992
Type of credit 1989 1990 1991
June July Aug. Sept. Oct. Nov.
Seasonally adjusted
481,436 523,023 519,573 520,804 522,834 528,117 527,858 527,323' 529,232
2 Consumer.. 157,766 161,070 154,786 154,850 153,588 154,729 155,618 154,501r 156,593
3 Real estate 2 53,518 65,147 65,388 66,433 66,843 67,753 67,717 68,035 67,838
4 Business . . . 270,152 296,807 299,400 299,521 302,403 305,634 304,523 304,787' 304,801
Not seasonally adjusted
5 Total 484,566 526,441 522,853 524,587 522,686 523,448 524,999 526,874' 528,895
6 Consumer 158,542 161,965 155,677 154,859 154,099 155,529 156,416 155,505' 157,005
7 Motor vehicles , 84,126 75,045 63,413 60,056 60,400 60,393 59,806 59,290 58,286
8 Other consumer 54,732 58,818 58,488 56,634 56,568 56,782 56,808 57,013' 58,128
9 Securitized motor vehicles 4 , 13,690 19,837 23,166 26,195 25,392 26,852 28,204 27,823 28,964
10 Securitized other consumer 5,994 8,265 10,610 11,974 11,739 11,503 11,598 11,379' 11,626
11 Reaj estate 2 53,781 65,509 65,764 66,437 67,065 68,104 68,064 68,477 68,016
12 Business 272,243 298,967 301,412 303,291 301,522 299,815 300,519 302,892' 303,875
13 Motor vehicles 90,416 92,072 90,319 90,075 87,686 85,745 85,261 86,747 85,621
14 Retail5..., 29,505 26,401 22,507 20,674 21,086 20,743 20,407 20,763 19,708
15 Wholesale 6 34,093 33,573 31,216 30,505 27,158 n.a. n.a. n.a. n.a.
16 Leasing 26,818 32,098 36,596 38,896 39,443 39,889 39,506 39,536 39,020
17 Equipment 122,246 137,654 141,399 145,994 145,787 145,790 147,319 147,146 148,202
18 Retail...., 29,828 31,968 30,962 32,610 32,370 32,250 31,571 31,475 31,427
19 Wholesale 6 6,452 11.101 9,671 9,194 9,128 9,084 8,994 8,928 8,824
20 Leasing . . . . ^ 85,966 94,585 100,766 104,190 104,289 104,455 106,754 106,743 107,952
21 Other business 7 57,560 63,774 60,887 57,586 59,099 59,013 58,493 58,898' 59,269
22 Securitized business assets n.a. 5,467 8,807 9,636 8,951 9,268 9,447 10,101 10,782
23 Retail 710 667 576 178 170 158 152 634 607
24 Wholesale n.a. 3,281 5,285 5,231 4,649 5,193 5,378 5,593 5,813
25 Leasing 1,311 1,519 2,946 4,227 4,132 3,917 3,917 3,874 4,362
1. Includes finance company subsidiaries of bank holding companies but not of 5. Passenger car fleets and commercial land vehicles for which licenses are
retailers and banks. Data are before deductions for unearned income and losses. required.
Data in this table also appear in the Board's G.20 (422) monthly statistical release. 6. Credit arising from transactions between manufacturers and dealers, that is,
For ordering address, see inside front cover. floor plan financing.
2. Includes al! loans secured by liens on any type of real estate, for example, 7. Includes loans on commercial accounts receivable, factored commercial
first and junior mortgages and home equity loans. accounts, and receivable dealer capital; small loans used primarily for business or
3. Includes personal cash loans, mobile home loans, and loans to purchase other farm purposes; and wholesale and lease paper for mobile homes, campers, and
types of consumer goods such as appliances, apparel, general merchandise, and travel trailers.
recreation vehicles.
4. Outstanding balances of pools upon which securities have been issued; these
balances are no longer carried on the balance sheets of the loan originator.
April 1993
Securities Markets and Corporate Finance A35
1.51 DOMESTIC FINANCE COMPANIES Assets and Liabilities'
Billions of dollars, end of period; not seasonally adjusted
1991 1992
Account 1989 1990 1991
Ql Q2 Q3 Ql Ql Q2 Q3 r
Assins
1 Accounts receivable, gross 2 462.9 492.9 480.3 482.9 488.5 484.7 480.3 475.7 477.0 475.8
2 Consumer 138.9 133.9 121.9 127.1 127.5 125.3 121,9 118.4 116.7 116.6
27(1.2 293.5 292.6 291 7 295 2 293 2 292.6 291 6 293.9 291.1
51 8 65$ 65 8 64 1 65 7 66 2 65 8 65 8 66 4 68 1
5 LESS: Reserves for unearned income 54.7 57.6 55.1 57.2 58.0 57.6 55.1 53.6 51.2 50.8
6 Reserves for losses 8.4 9.6 12.9 10.7 11.1 13.1 12.9 13.0 12.3 12.0
7 Accounts receivable, net 399.8 425.7 412.3 415.0 419.3 414.1 412.3 409.1 413.6 412.9
8 All other 102 6 113.9 149 0 118 7 122 8 136 4 149 0 145 5 139 4 146 5
502.4 539.6 561.2 533 7 542 1 550 5 561.2 554 6 553.0 559.4
LIABILITIES AND CAPITAL
27.0 31.0 42.3 35.6 36.9 39.6 42.3 38.0 37.8 38.1
11 Commercial paper 160.7 165.3 159.5 155.5 156.1 156.8 159.5 154.4 147.7 153.2
Debt
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
35.2 37.5 34.5 32.4 34.2 36.5 34.5 34.5 34.8 34.9
162.7 178.2 191.3 182.4 184.5 185.0 191.3 189.8 191.9 191.4
61.5 63.9 69.0 64.3 67.1 68.8 69.0 72.0 73.4 73.7
55 2 63.7 64 8 63 4 63 3 63 8 64 8 66 0 67 1 68 1
IH Total liabilities and capital. ... 502.4 539.6 561.2 533.7 542.1 550.5 561.2 554.6 548.4 559.4
1. Includes finance company subsidiaries of bank holding companies but not of companies; securitized pools arc not shown since they are not on the books.
retailers and banks. Data are amounts carried on the balance sheets of finance 2. Before deduction for unearned income and losses.
1.52 DOMESTIC FINANCE COMPANIES'
Millions of dollars, amounts outstanding, end of period
1992
Type of credit 1990 1991 1992
July Aug. Sept. Oct. Nov.
Seasonally adjusted
1 Total . 523,023 519,573 534,045 522,834 528,117 527,858 527,323 529,232 r 534,045
2 Consumer 161,070 154,786 157,623 153,588 154,729 155,618 154,501 156,593' 157,623
3 Real estate 2 65,147 65,388 67,284 66,843 67,753 67,717 68,035 67,838 67,284
4 Business 296,807 299,400 309,138 302,403 305,634 304,523 304,787 304,801 309,138
Not seasonally adjusted
5 Total 526,441 522,853 537,354 522,686 523,448 524,999 526,874 528,895' 537,354
6 Consumer 161,965 155,677 158,546 154,099 155,529 156,416 155,505 157,005' 158,546
7 Motor vehicles 75,045 63,413 57,604 60,400 60,393 59,806 59,290 58,286 57,604
8 Other consumer 58,818 58,488 59,437 56,568 56,782 56,808 57,013 58,128 59,437
9 Securitized motor vehicles . 19,837 23,166 29,775 25,392 26,852 28,204 27,823 28,964' 29,775
10 Securitized other consumer 8,265 10,610 11,729 11,739 11,503 11,598 11,379 11,626' 11,729
11 Real estate 2 65,509 65,764 67,678 67,065 68,104 68,064 68,477 68,016 67,678
12 Business 298,967 301,412 311,130 301,522 299,815 300,519 302,892 303,875 311,130
13 Motor vehicles 92,072 90,319 87,454 87,686 85,745 85,261 86,747 85,621 87,454
14 Retail'.... 26,401 22,507 19,301 21,086 20,743 20,407 20,763 19,708 19,301
15 Wholesale 4 33,573 31,216 27,158 27,158 n.a. n.a. n.a. n.a. n.a.
16 Leasing 32,098 36,596 38,191 39,443 39,889 39,5(16 39,536 39,020 38,191
17 Equipment 137,654 141,399 151,683 145,787 145,790 147,319 147,146 148,202 151,683
18 Retail 31,968 30,962 32,212 32,370 32,250 31,571 31,475 31,427 32,212
19 Wholesale 6 11,101 9,671 8,669 9,128 9,084 8,994 8,928 8,824 8,669
20 Leasing .. . . ^ 94,585 100,766 110,802 104,289 104,455 106,754 106,743 107,952 110,802
21 Other business' ,. 63,774 60,887 60,403 59,099 59,013 58,493 58,898 59,269 60,403
22 Securitized business assets . 5,467 8,807 11,590 8,951 9,268 9,447 10,101 10,782 11,590
23 Retail 667 576 1,118 170 158 152 634 607 1,118
24 Wholesale 3,281 5,285 5,756 4,649 5,193 5,378 5,593 5,813 5,756
25 I .casing 1,519 2,946 4,716 4,132 3,917 3,917 3,874 4,362 4,716
1. Includes finance company subsidiaries of bank holding companies but not of 5. Passenger car fleets and commercial land vehicles for which licenses are
retailers and banks. Data are before deductions for unearned income and losses. required.
Data in this table also appear in the Board's G.20 (422) monthly statistical release. 6. Credit arising from transactions between manufacturers and dealers, that is,
For ordering address, see inside front cover. floor plan financing.
2. Includes all loans secured by liens on any type of real estate, for example, 7. Includes loans on commercial accounts receivable, factored commercial
first and junior mortgages and home equity loans. accounts, and receivable dealer capital; small loans used primarily for business or
3. Includes personal cash loans, mobile home loans, and loans to purchase other farm purposes; and wholesale and lease paper for mobile homes, campers, and
types of consumer goods such as appliances, apparel, general merchandise, and travel trailers.
recreation vehicles.
4. Outstanding balances of pools upon which securities have been issued; these
balances are no longer carried on the balance sheets of the loan originator.
May 1993
Securities Markets and Corporate Finance A35
1.51 DOMESTIC FINANCE COMPANIES Assets and Liabilities'
Billions of dollars, end of period; not seasonally adjusted
1991 1992
Account 1989 1990 1991
01 02 03 Q4 01 Q2 Q3
ASSKTS
1 Accounts receivable, gross2 462.9 492.9 480.3 482.9 488.5 484.7 480.3 475.7 476.8 r 475.8
2 Consumer 138.9 133.9 121.9 127.1 127.5 125,3 121.9 118.4 116.7 116.6
270.2 293.5 292.6 291.7 295.2 293.2 292.6 291.6 293. T 291.1
53 8 65 5 65 8 64 1 65 7 66 2 65 8 65 8 664 68 1
5 LESS: Reserves for unearned income 54.7 57.6 55.1 57.2 58.0 57,6 55.1 53.6 51.2 50.8
84 96 12.9 10 7 11 1 13 1 12 9 13 0 12 3 12 0
399.8 425.7 412.3 415.0 419.3 414.1 412.3 409.1 413.3' 412.9
8 All other 102.6 113.9 149.0 118.7 122.8 136.4 149.0 145.5 139.4 146 5
9 Total assets 502.4 539.6 561.2 533.7 542.1 550.5 561.2 554.6 552.7' 559.4
LIABILITIES AND CAPITAL
27.0 31.0 42.3 35.6 36.9 39.6 42.3 38.0 37.8 38.1
11 Commercial paper 160.7 165.3 159.5 155.5 156.1 156.8 159.5 154.4 147.7 153.2
Debt
12 Other short-term n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a. n.a. u.a. n.a. n.a. n.a.
35.2 37.5 34.5 32.4 34.2 36.5 34.5 34.5 34.8 34.9
162.7 178.2 191.3 182.4 184.5 185.0 191.3 189.8 191.9 191.4
16 All other liabilities 61.5 63.9 69.0 64.3 67.1 68.8 69.0 72.0 73.4 73.7
17 Capital, surplus, and undivided profits 55.2 63.7 64.8 63.4 63.3 63.8 64.8 66.0 67.1 68.1
18 Total liabilities and capital 502.4 539.6 561.2 533.7 542.1 550.5 561.2 554.6 552. 7' 559.4
1. Includes finance company subsidiaries of bank holding companies but not of companies; securitized pools are not shown since they are not on the books.
retailers and banks. Data are amounts carried on the balance sheets of finance 2. Before deduction for unearned income and losses.
1.52 DOMESTIC FINANCE COMPANIES'
Millions of dollars, amounts outstanding, end of period
1992 1993
Type of credit 1992r
Aug. Sept. Oct. Nov. Dec.1
Seasonally adjusted
2,203 r 2,476r 2,748 579' 580r 574' 594' 607 619
2 Consumer.. 2,712' 3,098' 3,412 154,729 155,618 154,501 156,593 157,707 155,641
3 Real estate 2 1,906' 2,088' 2,413 67,753 67,717 68,035 67,838 68,011 68,450
4 Business... 1,088' 1,112' 1,193 305,634 304,523 304,787 304,801 306,146 300,554
Not seasonally adjusted
5 Total . 1,600' 1,810' 2,151 26,783' 28,128' 27,468' 28,233' 31,916 29,775
6 Consumer.. 4,018' 4,514' 4,989 155,529 156,416 155,505 157,005 158,631 155,521
7 Motor vehicles 4,064' 4,323' 4,697 60,393 59,806 59,290 58,286 57,605 57,133
8 Other consumer 5 ..
:,»••
1,874,065' !, 159,510' 2,430,988 56,782 56,808 57,013 58,128 59,522 58,794
9 Securitized motor vehicles 157,446' 160,958' 170,200 26,852 28,204 27,823 28,964 29,775 28,480
!0 Securitized other consumer 4 366,060' 378,060' 482,010 11,503 11,598 11,379 11,626 11,729 11,114
11 Real estate 2 82,430r 85,640' 96,960 68,104 68,064 68,477 68,016 68,410 68,397
12 Business 198,645' 216,120' 231,620 299,815 300,519 302,892 303,875 308,118 300,321
13 Motor vehicles 92,072 90,319 87,456 85,745 85,261 86,747 85,621 87,456 86,493
14 Retail5..., 26,401 22,507 19,303 20,743 20,407 20,763 19,708 19,303 19,126
15 Wholesale 6 33,573 31,216 27,158 n.a. n.a. n.a. n.a. n.a. n.a.
16 Leasing 32,098 36,5% 38,191 39,889 39,506 39,536 39,020 38,191 38,640
17 Equipment 137,654 141,399 151,607 145,790 147,319 147,146 148,202 151,607 146,820
18 Retail 31,968 30,962 32,212 32,250 31,571 31,475 31,427 32,212 32,458
Wholesale' 11,101 9,671 8,669 9,084 8,994 8,928 8,824 8,669 8,582
Leasing 94,585 100,766 110,726 104,455 106,754 106,743 107,952 110,726 105,780
Other business 63,774 60,887 57,464 59,013 58,493 58,898 59,269 57,464 55,551
Securitized business assets 5,467 8,807 11,590 9,268 9,447 10,101 10,782 11,590 11,457
Retail 667 576 1,118 158 152 634 607 1,118 1,036
Wholesale 3,281 5,285 5,756 5,193 5,378 5,593 5,813 5,756 5,582
Leasing 1,519 2,946 4,716 3,917 3,917 3,874 4,362 4,716 4,839
1. Includes finance company subsidiaries of bank holding companies but not of 5. Passenger car fleets and commercial land vehicles for which licenses are
retailers and banks. Data are before deductions for unearned income and losses. required.
Data in this table also appear in the Board's G.20 (422) monthly statistical release. 6. Credit arising from transactions between manufacturers and dealers, that is,
For ordering address, see inside front cover. floor plan financing,
2. Includes all loans secured by liens on any type of real estate, for example, 7. Includes loans on commercial accounts receivable, factored commercial
first and junior mortgages and home equity loans. accounts, and receivable dealer capital; small loans used primarily for business or
3. Includes personal cash loans, mobile home loans, and loans to purchase other farm purposes; and wholesale and lease paper for mobile homes, campers, and
types of consumer goods such as appliances, apparel, general merchandise, and travel trailers.
recreation vehicles.
4. Outstanding balances of pools upon which securities have been issued; these
balances are no longer carried on the balance sheets of the loan originator.
