Financial Accounts of the United States - Z.1
F.203 Net Interbank Transactions
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic financial sectors; net interbank transactions; liability | FA794110005 | 697.3 | -797.5 | 448.5 | -3039.9 | 109.6 | -708.3 | 4102.5 | -1317.3 | -284.2 | 1 |
| Monetary authority; net interbank transactions; liability | FA714110005 | 640.6 | -963.2 | -162.2 | -2572.1 | -351.1 | -767.6 | 2012.2 | -553.2 | 57.3 | 2 |
| U.S.-chartered depository institutions; net interbank transactions; liability | FA764110005 | -48 | -85.2 | 96.6 | -477.2 | 158.7 | -119 | 1372 | -336.7 | -29.6 | 3 |
| Foreign banking offices in the U.S.; net interbank transactions; liability | FA754110005 | 100.3 | 262.6 | 448.8 | 98.4 | 312.1 | 191.2 | 592.3 | -383 | -279.6 | 4 |
| Banks in U.S.-affiliated areas; net interbank transactions; liability | FA744110005 | 0 | -0 | -0.2 | 0.1 | -5.6 | 5.6 | 0 | 0.5 | -0.8 | 5 |
| Credit unions; total net interbank transactions; liability | FA474110005 | 4.4 | -11.6 | 65.5 | -89.1 | -4.5 | -18.5 | 125.8 | -44.9 | -31.6 | 6 |
| All sectors; total net interbank transactions; asset | FA894010005 | 679.8 | -774.4 | 121.4 | -2570.3 | 10.2 | -659 | 3768.9 | -993 | -317.3 | 7 |
| Monetary authority; net interbank transactions with all depository institutions; asset | FA714010005 | -31.3 | -4.2 | -18.3 | 2.7 | 10.2 | -11.3 | 1235.3 | -167.4 | -320.9 | 8 |
| U.S.-chartered depository institutions; vault cash and reserves at the Federal Reserve; asset | FA763020005 | 379.8 | -955.7 | -888.5 | -2093 | -446.3 | -395 | 1218.3 | -330 | 135 | 9 |
| Foreign banking offices in the U.S.; vault cash and reserves at the Federal Reserve; asset | FA753020005 | 227.8 | 128.7 | 815 | -220.8 | 213.2 | -292.6 | 658.2 | -183.1 | -58.8 | 10 |
| Banks in U.S.-affiliated areas; depository institution reserves; asset | FA743013003 | 7.2 | -15.9 | -34.4 | -5.9 | -27.7 | 4.3 | 2.1 | 11 | -11.9 | 11 |
| Credit unions; depository institution reserves; asset | FA473013005 | 25.8 | -120.3 | -54.3 | -252.4 | -90.3 | -84.3 | 133.7 | -51.1 | -7 | 12 |
| Rest of the world; net interbank transactions with banks in foreign countries; asset | FA264016005 | 70.5 | 193 | 301.9 | -0.8 | 351.1 | 119.8 | 521.4 | -272.5 | -53.7 | 13 |
| Instrument discrepancies; net interbank transactions | FA904010005 | 17.5 | -23.1 | 327.1 | -469.6 | 99.4 | -49.3 | 333.6 | -324.3 | 33.1 | 14 |
| Private depository institutions; vault cash; asset | FA703025005 | -8.7 | -3.8 | 25.3 | -4.1 | -28.7 | -7.6 | 16.5 | -5.7 | -21.8 | 15 |
| U.S.-chartered depository institutions; vault cash; asset | FA763025000 | -8.8 | -3.7 | 25.6 | -4.1 | -28.7 | -7.6 | 16.5 | -5.8 | -21.8 | 16 |
| Foreign banking offices in the U.S.; vault cash; asset | FA753025003 | 0.1 | -0.1 | -0.3 | -0 | 0 | 0 | -0 | 0 | 0 | 17 |
| Monetary authority; depository institution reserves, excluding FHLB deposits; liability | FA713113003 | 649.3 | -959.5 | -187.5 | -2568 | -322.4 | -759.9 | 1995.7 | -547.4 | 79.1 | 18 |
| U.S.-chartered depository institutions; depository institution reserves; asset | FA763013005 | 388.6 | -952 | -914.1 | -2088.8 | -417.6 | -387.3 | 1201.7 | -324.2 | 156.7 | 19 |
| Foreign banking offices in the U.S.; depository institution reserves; asset | FA753013003 | 227.8 | 128.7 | 815.3 | -220.8 | 213.2 | -292.6 | 658.2 | -183.1 | -58.8 | 20 |
| Banks in U.S.-affiliated areas; depository institution reserves; asset | FA743013003 | 7.2 | -15.9 | -34.4 | -5.9 | -27.7 | 4.3 | 2.1 | 11 | -11.9 | 21 |
| Credit unions; depository institution reserves; asset | FA473013005 | 25.8 | -120.3 | -54.3 | -252.4 | -90.3 | -84.3 | 133.7 | -51.1 | -7 | 22 |
| Monetary authority; net interbank transactions with U.S.-chartered depository institutions; asset | FA714010075 | -31 | -4.1 | -18.2 | 2.8 | 10.2 | -11.2 | 1235.3 | -167.4 | -320.9 | 23 |
| Monetary authority; loans to credit unions under the Paycheck Protection Program Liquidity Facility (PPPLF), assets | FA713068743 | -0.4 | -0 | -0.1 | -0.1 | -0 | -0 | 0 | 0 | 0 | 24 |
| Monetary authority; net interbank transactions with all depository institutions; asset | FA714010005 | -31.3 | -4.2 | -18.3 | 2.7 | 10.2 | -11.3 | 1235.3 | -167.4 | -320.9 | 25 |
| Monetary authority; Federal Reserve float; asset | FA713022003 | -0 | 0 | -0.4 | -0.4 | 1.6 | -0.7 | 0.7 | 0.2 | -0.1 | 26 |
| Monetary authority; loans to depository institutions, including AMLF, MMLF, and PPPLF; asset | FA713068705 | -31.3 | -4.2 | -17.9 | 3.1 | 8.6 | -10.6 | 1234.6 | -167.5 | -320.8 | 27 |
| U.S.-chartered depository institutions; net interbank transactions with foreign affiliates including deposits at foreign banks; liability | FA764116205 | -8.5 | -69.6 | -87.5 | -67.8 | 18 | -141.1 | -71.9 | 87 | 225.8 | 28 |
| U.S.-chartered depository institutions, including IBFs; interbank transactions due to foreign affiliates; liability | FA763192605 | 36.1 | -39.3 | -52.9 | 4.9 | -35.4 | -74 | -50.5 | -87.4 | 153.7 | 29 |
| U.S.-chartered depository institutions, including IBFs; interbank transactions due from foreign affiliates; asset | FA763092605 | 44.5 | 30.3 | 34.7 | 72.8 | -53.4 | 67.1 | 21.4 | -174.5 | -72.1 | 30 |
| Foreign banking offices in the U.S.; net interbank transactions with foreign affiliates including deposits at foreign banks; liability | FA754116205 | 100.5 | 259.3 | 417.7 | 84.8 | 310.5 | 224.3 | 588 | -362.5 | -279.2 | 31 |
| Foreign banking offices in the U.S., including IBFs; interbank transactions due to foreign affiliates; liability | FA753192605 | 73.2 | 227.9 | 285.2 | 117.8 | 271.1 | 237.3 | 414.6 | -112.4 | -40.6 | 32 |
| Foreign banking offices in the U.S., including IBFs; interbank transactions due from foreign affiliates; asset | FA753092605 | -27.3 | -31.5 | -132.4 | 33 | -39.4 | 12.9 | -173.4 | 250.1 | 238.6 | 33 |
| Rest of the world; U.S. deposits at foreign banks; liability | FA264116205 | 5 | -3 | 13.8 | 1.6 | -11.9 | -15.5 | 8.1 | -5.7 | 5.8 | 34 |
| U.S.-chartered depository institutions, including IBFs; deposits at foreign banks; asset | FA764016205 | 4.1 | -0.2 | 13.4 | -1.8 | -9.8 | -2.5 | -2.3 | -10.3 | 3.3 | 35 |
| Foreign banking offices in the U.S., including IBFs; deposits at foreign banks; asset | FA754016205 | 0.9 | -2.8 | 0.4 | 3.3 | -2.1 | -13 | 10.4 | 4.6 | 2.5 | 36 |
| Rest of the world; depository institution loans to foreign banks; liability | FA264135125 | 7.5 | 7.3 | 22.5 | 31 | -9.8 | -14.6 | -14.1 | -7.4 | 1.7 | 37 |
| U.S.-chartered depository institutions, including IBFs; loans to foreign banks; asset | FA764035125 | 5.7 | 5.2 | 28.1 | 15.9 | -14.4 | -8.9 | -13.2 | -3.5 | 0.5 | 38 |
| Foreign banking offices in the U.S., including IBFs; loans to foreign banks; asset | FA754035125 | 1.9 | 2.1 | -5.7 | 15 | 4.6 | -5.7 | -0.9 | -3.9 | 1.2 | 39 |
| Rest of the world; loans to U.S. private depository institutions (IBFs); asset | FA264035125 | -9 | 7.5 | 8 | 14.7 | 0.9 | 6.5 | -0.7 | -10.1 | 7.2 | 40 |
| International banking facilities of U.S.-chartered depository institutions; other borrowed money owed to nonrelated foreign banks; liability | FA274135123 | -8.4 | 6.1 | 10.4 | 5.8 | 1.5 | 6.7 | -5.6 | -0.7 | 2.5 | 41 |
| International banking facilities of foreign banking offices in U.S.; other borrowed money owed to nonrelated foreign banks; liability | FA284135125 | -0.6 | 1.4 | -2.4 | 8.9 | -0.6 | -0.2 | 4.9 | -9.4 | 4.7 | 42 |
| Rest of the world; net interbank transactions with banks in foreign countries; asset (1) | FA264016005 | 70.5 | 193 | 301.9 | -0.8 | 351.1 | 119.8 | 521.4 | -272.5 | -53.7 | 43 |
| U.S.-chartered depository institutions; net interbank transactions with U.S. banking; liability | FA764112005 | 9.6 | -12.6 | 233.4 | -403.8 | 104.8 | 15.2 | 198.8 | -269.4 | 66.8 | 44 |
| U.S.-chartered depository institutions; interbank transactions due to U.S. banks; liability (3) | FA764112205 | 11.7 | -12.4 | 256.9 | -373.7 | 116.8 | -49.8 | 218 | -268.4 | 66.7 | 45 |
| Foreign banking offices in the U.S., including IBFs; interbank transactions due from U.S. depository institutions; asset | FA754012205 | -1.1 | -1 | -4.8 | 7 | 7.3 | -13.3 | 10.3 | 11.4 | 1.2 | 46 |
| Banks in U.S.-affiliated areas; checkable deposits and currency; asset | FA743020005 | -0 | 0 | 0.2 | -0.1 | 5.6 | -5.6 | -0 | -0.5 | 0.8 | 47 |
| Credit unions; interbank transactions due from U.S. depository institutions; asset | FA474012205 | -4.8 | 11.6 | -65.6 | 89 | 4.5 | 18.5 | -125.8 | 44.9 | 31.6 | 48 |
| Foreign banking offices in the U.S.; interbank transactions due to U.S. banks; liability | FA754112205 | 2.1 | 0.2 | 23.5 | 30.1 | 12 | -64.9 | 19.2 | 1 | -0.2 | 49 |
| Instrument discrepancies; net interbank transactions (2) | FA904010005 | 17.5 | -23.1 | 327.1 | -469.6 | 99.4 | -49.3 | 333.6 | -324.3 | 33.1 | 50 |
NOTES
- Sum of lines 28 and 31 less line 34 and line 37 plus line 40.
- Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 13 above. However, the unallocated amount (line 50), which is due to inconsistencies in source data, appears on line 14 as the discrepancy between liabilities and assets.
- Sum of lines 46, 47, 48, and 50.
Last Update: December 7, 2023