Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks

Release Date: March 2025
Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (Table 4.30) 1
December 31, 2024
Millions of dollars, except as noted
Item All states2 New York California Illinois
Total including IBFs3 IBFs only3 Total including IBFs IBFs only Total including IBFs IBFs only Total including IBFs IBFs only
1 Total assets4 3,013,562 85,807 2,596,851 48,564 62,985 32,676 123,682 200
 
2 Claims on nonrelated parties 2,848,565 30,568 2,508,555 28,854 38,572 588 123,679 0
 
3 Cash and balances due from depository institutions 932,054 5,466 821,463 5,153 13,808 313 14,721 0
4 Cash items in process of collection and unposted debits 152 0 41 0 0 0 2 0
5 Currency and coin (U.S. and foreign) 4 n.a. 3 n.a. 0 n.a. 0 n.a.
6 Balances with depository institutions in the U.S. 18,564 2,375 16,147 2,082 832 293 56 0
7 Balances with banks in foreign countries and with foreign central banks 9,814 3,091 9,635 3,071 20 20 1 0
8 Balances with Federal Reserve Banks 903,520 n.a. 795,636 n.a. 12,956 n.a. 14,661 n.a.
 
9 Total securities, held-to-maturity (amortized cost) and available for sale (fair value) 170,697 1,084 160,450 867 1,549 218 1,884 0
10 U.S. Treasury securities 74,301 n.a. 72,172 n.a. 137 n.a. 40 n.a.
11 Obligations of U.S. government agencies and corporations 2,539 n.a. 2,399 n.a. 61 n.a. 0 n.a.
12 Other bonds, notes, debentures, and corporate stock (including state and local securities) 93,857 1,084 85,878 867 1,351 218 1,844 0
13 Securities of foreign governmental units 38,444 482 34,507 482 522 0 844 0
14 Mortgage-backed securities 18,545 0 16,258 0 75 0 565 0
15 Issued or guaranteed by U.S. government agencies 17,444 0 15,156 0 75 0 565 0
16 Other 1,102 0 1,102 0 0 0 0 0
17 Other asset-backed securities 8,054 0 8,054 0 0 0 0 0
18 All Other 28,814 602 27,060 385 754 218 434 0
 
19 Federal Funds sold and securities purchased under agreements to resell 360,645 50 318,699 50 0 0 18,174 0
20 Federal funds sold 58 50 58 50 0 0 0 0
21 With commercial banks in the U.S. 8 0 8 0 0 0 0 0
22 With nonbank brokers and dealers in securities 0 0 0 0 0 0 0 0
23 With others 50 50 50 50 0 0 0 0
24 Securities purchased under agreements to resell 360,587 0 318,641 0 0 0 18,174 0
25 With commercial banks in the U.S. 11,370 0 8,870 0 0 0 2,500 0
26 With nonbank brokers and dealers in securities 105,010 0 70,472 0 0 0 15,674 0
27 With others 244,206 0 239,299 0 0 0 0 0
 
28 Total loans, gross 1,170,558 23,798 1,050,036 22,632 22,901 53 58,418 0
29 Less: Unearned income on loans 2,892 131 2,768 131 33 0 11 0
30 Loans, net 1,167,667 23,667 1,047,268 22,501 22,868 53 58,407 0
 
  Total loans, gross, by category  
31 Real estate loans 113,231 366 100,336 285 7,538 0 2,281 0
32 Loans to depository institutions and acceptances of other banks5 34,259 5,065 29,924 5,008 927 30 2,809 0
33 Commercial banks in the U.S. (including their IBFs) 1,196 200 1,073 150 102 30 0 0
34 U.S. branches and agencies of other foreign banks 1,145 200 1,055 150 70 30 0 0
35 Other commercial banks in the U.S. 51 0 18 0 32 0 0 0
36 Other depository institutions in the U.S. (including their IBFs) 1 0 0 0 0 0 1 0
37 Banks in foreign countries 33,062 4,865 28,850 4,858 825 0 2,808 0
38 Foreign branches of U.S. banks 10 0 10 0 0 0 0 0
39 Other banks in foreign countries 33,052 4,865 28,840 4,858 825 0 2,808 0
40 Loans to other financial institutions 389,431 1,627 355,429 1,627 3,231 0 27,497 0
41 Commercial and industrial loans 520,356 16,179 465,326 15,152 11,092 23 24,944 0
42 U.S. addressees (domicile) 414,481 69 370,421 19 9,385 0 22,970 0
43 Non-U.S. addressees (domicile) 105,875 16,110 94,905 15,133 1,706 23 1,974 0
44 Loans to foreign governments and official institutions (including foreign central banks) 1,801 365 1,791 365 7 0 0 0
45 Loans for purchasing or carrying securities (secured and unsecured) 36,881 0 24,415 0 0 0 310 0
46 All other loans 72,850 195 71,646 195 107 0 0 0
 
47 Lease financing receivables (net of unearned income) 1,750 1 1,171 0 0 0 578 0
48 U.S. addressees (domicile) 1,743 0 1,165 0 0 0 578 0
49 Non-U.S. addressees (domicile) 7 1 6 0 0 0 0 0
 
50 Trading assets 126,922 0 89,074 0 0 0 25,197 0
51 U.S. Treasury and agency securities 54,418 0 25,431 0 0 0 24,592 0
52 Other trading assets 72,504 0 63,643 0 0 0 605 0
 
53 Other assets including other claims on nonrelated parties 90,580 301 71,600 284 348 4 5,296 0
 
54 Net due from related depository institutions6 164,997 55,239 88,296 19,710 24,413 32,088 2 200
55 Net due from head office and other related depository institutions6 164,997 n.a. 88,296 n.a. 24,413 n.a. 2 n.a.
56 Net due from establishing entity, head office, and other related depository institutions6 n.a. 55,239 n.a. 19,710 n.a. 32,088 n.a. 200
 
57 Total liabilities4 3,013,562 85,807 2,596,851 48,564 62,985 32,676 123,682 200
 
58 Liabilities to nonrelated parties 2,149,614 69,703 1,897,842 32,949 43,253 32,541 85,133 200
 
59 Total deposits and credit balances 1,294,362 54,883 1,138,886 23,831 37,059 27,940 29,690 0
Item All states2 New York California Illinois
Total excluding IBFs3 IBFs only3 Total excluding IBFs IBFs only Total excluding IBFs IBFs only Total excluding IBFs IBFs only
60 Total deposits and credit balances 1,239,479 54,883 1,115,055 23,831 9,119 27,940 29,690 0
61 Individuals, partnerships, and corporations (including certified and official checks) 1,132,357 5,003 1,016,217 1,951 7,895 238 27,772 0
62 U.S. addressees (domicile) 991,061 6 898,783 0 6,121 0 26,620 0
63 Non-U.S. addressees (domicile) 141,296 4,997 117,434 1,951 1,774 238 1,152 0
64 Commercial banks in the U.S. (including their IBFs) 20,302 560 17,613 335 0 210 1,879 0
65 U.S. branches and agencies of other foreign banks 2,861 560 2,514 335 0 210 0 0
66 Other commercial banks in the U.S. 17,441 0 15,099 0 0 0 1,879 0
67 Banks in foreign countries 22,580 6,320 22,444 5,773 0 375 12 0
68 Foreign branches of U.S. banks 128 0 128 0 0 0 0 0
69 Other banks in foreign countries 22,452 6,320 22,317 5,773 0 375 12 0
70 Foreign governments and official institutions (including foreign central banks) 34,061 43,000 32,259 15,772 3 27,117 5 0
71 All other deposits and credit balances 30,180 0 26,523 0 1,221 0 22 0
 
72 Transaction accounts and credit balances (excluding IBFs) 312,195 n.a. 282,875 n.a. 651 n.a. 1,086 n.a.
73 Individuals, partnerships, and corporations (including certified and official checks) 278,206 n.a. 249,429 n.a. 648 n.a. 1,081 n.a.
74 U.S. addressees (domicile) 215,455 n.a. 197,525 n.a. 512 n.a. 1,001 n.a.
75 Non-U.S. addressees (domicile) 62,751 n.a. 51,904 n.a. 136 n.a. 80 n.a.
76 Commercial banks in the U.S. (including their IBFs) 4,881 n.a. 4,500 n.a. 0 n.a. 0 n.a.
77 U.S. branches and agencies of other foreign banks 598 n.a. 301 n.a. 0 n.a. 0 n.a.
78 Other commercial banks in the U.S. 4,283 n.a. 4,199 n.a. 0 n.a. 0 n.a.
79 Banks in foreign countries 21,068 n.a. 20,951 n.a. 0 n.a. 0 n.a.
80 Foreign branches of U.S. banks 1 n.a. 1 n.a. 0 n.a. 0 n.a.
81 Other banks in foreign countries 21,067 n.a. 20,951 n.a. 0 n.a. 0 n.a.
82 Foreign governments and official institutions (including foreign central banks) 4,696 n.a. 4,661 n.a. 3 n.a. 5 n.a.
83 All other deposits and credit balances 3,344 n.a. 3,334 n.a. 0 n.a. 0 n.a.
 
84 Nontransaction accounts (including MMDAs, excluding IBFs) 927,284 n.a. 832,180 n.a. 8,468 n.a. 28,605 n.a.
85 Individuals, partnerships, and corporations (including certified and official checks) 854,151 n.a. 766,788 n.a. 7,247 n.a. 26,691 n.a.
86 U.S. addressees (domicile) 775,606 n.a. 701,259 n.a. 5,609 n.a. 25,619 n.a.
87 Non-U.S. addressees (domicile) 78,545 n.a. 65,529 n.a. 1,638 n.a. 1,072 n.a.
88 Commercial banks in the U.S. (including their IBFs) 15,420 n.a. 13,112 n.a. 0 n.a. 1,879 n.a.
89 U.S. branches and agencies of other foreign banks 2,263 n.a. 2,213 n.a. 0 n.a. 0 n.a.
90 Other commercial banks in the U.S. 13,158 n.a. 10,900 n.a. 0 n.a. 1,879 n.a.
91 Banks in foreign countries 1,512 n.a. 1,493 n.a. 0 n.a. 12 n.a.
92 Foreign branches of U.S. banks 127 n.a. 127 n.a. 0 n.a. 0 n.a.
93 Other banks in foreign countries 1,385 n.a. 1,366 n.a. 0 n.a. 12 n.a.
94 Foreign governments and official institutions (including foreign central banks) 29,365 n.a. 27,598 n.a. 0 n.a. 0 n.a.
95 All other deposits and credit balances 26,835 n.a. 23,189 n.a. 1,221 n.a. 22 n.a.
 
96 IBF deposit liabilities n.a. 54,883 n.a. 23,831 n.a. 27,940 n.a. 0
97 Individuals, partnerships, and corporations (including certified and official checks) n.a. 5,003 n.a. 1,951 n.a. 238 n.a. 0
98 U.S. addresses (domicile) n.a. 6 n.a. 0 n.a. 0 n.a. 0
99 Non-U.S. addresses (domicile) n.a. 4,997 n.a. 1,951 n.a. 238 n.a. 0
100 Commercial banks in United States (including their IBFs) n.a. 560 n.a. 335 n.a. 210 n.a. 0
101 U.S. branches and agencies of other foreign banks n.a. 560 n.a. 335 n.a. 210 n.a. 0
102 Other commercial banks in United States n.a. 0 n.a. 0 n.a. 0 n.a. 0
103 Banks in foreign countries n.a. 6,320 n.a. 5,773 n.a. 375 n.a. 0
104 Foreign branches of U.S. banks n.a. 0 n.a. 0 n.a. 0 n.a. 0
105 Other banks in foreign countries n.a. 6,320 n.a. 5,773 n.a. 375 n.a. 0
106 Foreign governments and official institutions (including foreign central banks) n.a. 43,000 n.a. 15,772 n.a. 27,117 n.a. 0
107 All other deposits and credit balances n.a. 0 n.a. 0 n.a. 0 n.a. 0
 
Item All states2 New York California Illinois
Total including IBFs3 IBFs only3 Total including IBFs IBFs only Total including IBFs IBFs only Total including IBFs IBFs only
108 Federal funds purchased and securities sold under agreements to repurchase 436,398 2,123 389,931 1,657 493 406 38,723 30
109 Federal funds purchased 18,656 2,123 18,103 1,657 493 406 30 30
110 With commercial banks in the U.S. 702 0 615 0 87 0 0 0
111 With others 17,954 2,123 17,488 1,657 406 406 30 30
112 Securities sold under agreements to repurchase 417,742 0 371,827 0 0 0 38,693 0
113 With commercial banks in the U.S. 8,455 0 8,455 0 0 0 0 0
114 With others 409,287 0 363,372 0 0 0 38,693 0
 
115 Other borrowed money 289,534 12,352 266,245 7,183 5,250 4,174 760 170
116 Owed to nonrelated commercial banks in the U.S. (including their IBFs) 11,509 1,467 10,116 704 1,111 611 25 0
117 Owed to U.S offices of nonrelated U.S. banks 8,880 0 8,360 0 415 0 0 0
118 Owed to U.S. branches and agencies of nonrelated foreign banks 2,629 1,467 1,756 704 696 611 25 0
119 Owed to nonrelated banks in foreign countries 18,509 9,679 14,238 5,948 3,291 2,978 170 170
120 Owed to foreign branches of nonrelated U.S. banks 527 150 321 150 200 0 0 0
121 Owed to foreign offices of nonrelated foreign banks 17,982 9,529 13,917 5,798 3,091 2,978 170 170
122 Owed to others 259,517 1,206 241,891 531 848 585 565 0
 
123 Trading liabilities 60,477 0 49,803 0 0 0 8,751 0
 
124 Other liabilities to nonrelated parties 68,844 345 52,977 278 452 21 7,209 0
 
125 Net due to related depository institutions6 863,947 16,105 699,008 15,615 19,732 134 38,549 0
126 Net due to head office and other related depository institutions6 863,947 n.a. 699,008 n.a. 19,732 n.a. 38,549 n.a.
127 Net due to establishing entity, head office, and other related depository institutions6 n.a. 16,105 n.a. 15,615 n.a. 134 n.a. 0
 
  Memo  
128 Commercial and industrial loans with remaining maturity of one year or less (excluding those in nonaccrual status) 196,061 n.a. 163,376 n.a. 2,635 n.a. 21,508 n.a.
129 With predetermined interest rates 65,858 n.a. 59,865 n.a. 1,931 n.a. 2,268 n.a.
130 With floating interest rates 130,204 n.a. 103,511 n.a. 703 n.a. 19,240 n.a.
131 Commercial and industrial loans with remaining maturity of more than one year (excluding those in nonaccrual status) 319,022 n.a. 297,855 n.a. 8,434 n.a. 2,730 n.a.
132 With predetermined interest rates 32,777 n.a. 29,670 n.a. 426 n.a. 1,070 n.a.
133 With floating interest rates 286,245 n.a. 268,185 n.a. 8,008 n.a. 1,660 n.a.
 
Item All states2 New York California Illinois
Total excluding IBFs3 IBFs only3 Total excluding IBFs IBFs only Total excluding IBFs IBFs only Total excluding IBFs IBFs only
134 Time deposits of $100,000 or more (included in nontransaction accounts) 784,418 n.a. 721,191 n.a. 5,267 n.a. 24,021 n.a.
135 Of which, with remaining maturity of more than 12 months 19,560 n.a. 16,763 n.a. 330 n.a. 82 n.a.
 
Item All states2 New York California Illinois
Total including IBFs3 IBFs only3 Total including IBFs IBFs only Total including IBFs IBFs only Total including IBFs IBFs only
136 Immediately available funds with a maturity greater than one day included in other borrowed money 88,405 n.a. 83,119 n.a. 3,210 n.a. 170 n.a.
 
137 Number of reports filed7 167 n.a. 109 n.a. 31 n.a. 6 n.a.
  1. Data are aggregates of categories reported on the quarterly form FFIEC 002, `Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks.` The form was first used for reporting data as of June 30, 1980, and was revised as of December 31, 1985. From November 1972 through May 1980, U.S. branches and agencies of foreign banks had filed a monthly FR 886a report. Aggregate data from that report were available through the Federal Reserve monthly statistical release G.11, last issued on July 10, 1980. Data in this table and in the G.11 tables are not strictly comparable because of differences in reporting panels and in definitions of balance sheet items.   Return to table
  2. Includes the District of Columbia.   Return to table
  3. Effective December 1981, the Federal Reserve Board amended Regulations D and Q to permit banking offices located in the United States to operate international banking facilities (IBFs). Since December 31, 1985, data for IBFs have been reported in a separate column. These data are either included in or excluded from the total columns as indicated in the headings. The notation `n.a.` indicates that no IBF data have been reported for that item, either because the item is not an eligible IBF asset or liability or because that level of detail is not reported for IBFs. From December 1981 through September 1985, IBF data were included in all applicable items reported.   Return to table
  4. Total assets and total liabilities include net balances, if any, due from or owed to related banking institutions in the United States and in foreign countries (see note 5). On the former monthly branch and agency report, available through the G.11 monthly statistical release, gross balances were included in total assets and total liabilities. Therefore, total asset and total liability figures in this table are not comparable to those in the G.11 tables.   Return to table
  5. As of December 2022, the amounts reported in the line `Loans to depository institutions and acceptances of other banks` was corrected to exclude the amounts for `Loans to other financial institutions`, which had been erroneously included in this aggregate since at least 2004.  Return to table
  6. Related depository institutions includes the foreign head office and other U.S. and foreign branches and agencies of a bank, a bank`s parent holding company, and majority-owned banking subsidiaries of the bank and of its parent holding company (including subsidiaries owned both directly and indirectly).   Return to table
  7. In some cases, two or more offices of a foreign bank within the same metropolitan area file a consolidated report.  Return to table
Last Update: March 28, 2025