“Due to the conversion of thrifts to commercial banks during the week ending February 1, 2012, the assets and liabilities of domestically chartered commercial banks increased $75.9 billion. The major asset items affected were: Treasury and agency securities, mortgage-backed securities (MBS), $6.7; other securities, mortgage-backed securities, $1.0; other securities, non-MBS, $5.8; commercial and industrial loans, $10.5; real estate loans, commercial real estate loans, $17.4; real estate loans, revolving home equity loans, $5.3; real estate loans, closed-end residential loans, $13.4; consumer loans, other consumer loans, $3.4; other loans and leases, all other loans and leases, $0.5; allowance for loan and lease losses, $0.8; cash assets, $3.2; and other asset items, $9.5. The major liability items affected were: deposits, large time deposits, $3.4; deposits, other deposits, $44.1; borrowings, borrowings from banks in the U.S., $1.6; borrowings, borrowings from others, $11.4, and other liabilities, $3.0. The residual (assets less liabilities) increased $12.4.”
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