All Commercial Banks in the United States - June,21 2023

• Bank credit increased by 0.1% from June 14 to June 21, 2023.
• Borrowings decreased by 0.3% over the same period.
• Cash assets decreased by 3.1%.
• Commercial and industrial loans increased by 0.03%.
• Consumer loans increased by 0.18%.
• Deposits decreased by 0.32%.
• Large time deposits increased by 0.37%.
• Loans and leases in bank credit increased by 0.15%.
• Loans to commercial banks increased by 1.54%.
• Net due to related foreign offices decreased by 8.8%.
• Other assets increased by 0.2%.
• Other deposits decreased by 0.44%.
• Other liabilities decreased by 0.77%.
• Other securities increased by 0.23%.
• Real estate loans increased by 0.07%.
• Residual (assets less liabilities) increased by 0.3%.
• Securities in bank credit increased by 0.01%.
• Total assets increased by 0.34%.
• Total fed funds sold and securities purchased under agreements to resell decreased by 2.2%.
• Total liabilities increased by 0.14%.
• Treasury and agency securities increased by 0.01%.

Overall, the data shows that the banking industry is in a healthy state. Bank credit and deposits both increased slightly over the past two weeks, while borrowings and other liabilities decreased. This suggests that banks are lending more money and attracting more deposits, which is a positive sign for the economy.

However, there are some areas of concern. Net due to related foreign offices decreased significantly, which could indicate that banks are facing challenges in international markets. Additionally, other assets and other securities increased, which could suggest that banks are holding more illiquid assets.

Here are some specific insights that we would provide:

• The increase in bank credit suggests that banks are lending more money to businesses and consumers. This is a positive sign for the economy, as it indicates that businesses are investing and consumers are spending.
• The decrease in borrowings suggests that banks are becoming less reliant on short-term funding. This is a positive sign for the stability of the banking system, as it means that banks are less likely to be forced to sell assets in times of market stress.
• The decrease in cash assets suggests that banks are becoming more comfortable with taking on more risk. This is a positive sign for the growth of the banking system, as it means that banks are more likely to lend money to businesses and consumers.

However, we would also point out the following concerns:

• The decrease in net due to related foreign offices suggests that banks are facing challenges in international markets. This is a negative sign, as it could indicate that banks are losing money on their international operations.
• The increase in other assets and other securities suggests that banks are holding more illiquid assets. This is a negative sign, as it could make it difficult for banks to raise cash in times of market stress.

Overall, while there are some positive signs, there are also some areas of concern.