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
ItemAll states2New YorkCaliforniaIllinois
Total including IBFs3IBFs only3Total including IBFsIBFs onlyTotal including IBFsIBFs onlyTotal including IBFsIBFs only
1Total assets4 3,013,562 85,807 2,596,851 48,564 62,985 32,676 123,682 200
 
2Claims on nonrelated parties 2,848,565 30,568 2,508,555 28,854 38,572 588 123,679 0
 
3Cash and balances due from depository institutions 932,054 5,466 821,463 5,153 13,808 313 14,721 0
4Cash items in process of collection and unposted debits 152 0 41 0 0 0 2 0
5Currency and coin (U.S. and foreign) 4 n.a. 3 n.a. 0 n.a. 0 n.a.
6Balances with depository institutions in the U.S. 18,564 2,375 16,147 2,082 832 293 56 0
7Balances with banks in foreign countries and with foreign central banks 9,814 3,091 9,635 3,071 20 20 1 0
8Balances with Federal Reserve Banks 903,520 n.a. 795,636 n.a. 12,956 n.a. 14,661 n.a.
 
9Total 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
10U.S. Treasury securities 74,301 n.a. 72,172 n.a. 137 n.a. 40 n.a.
11Obligations of U.S. government agencies and corporations 2,539 n.a. 2,399 n.a. 61 n.a. 0 n.a.
12Other bonds, notes, debentures, and corporate stock (including state and local securities) 93,857 1,084 85,878 867 1,351 218 1,844 0
13Securities of foreign governmental units 38,444 482 34,507 482 522 0 844 0
14Mortgage-backed securities 18,545 0 16,258 0 75 0 565 0
15Issued or guaranteed by U.S. government agencies 17,444 0 15,156 0 75 0 565 0
16Other 1,102 0 1,102 0 0 0 0 0
17Other asset-backed securities 8,054 0 8,054 0 0 0 0 0
18All Other 28,814 602 27,060 385 754 218 434 0
 
19Federal Funds sold and securities purchased under agreements to resell 360,645 50 318,699 50 0 0 18,174 0
20Federal funds sold 58 50 58 50 0 0 0 0
21With commercial banks in the U.S. 8 0 8 0 0 0 0 0
22With nonbank brokers and dealers in securities 0 0 0 0 0 0 0 0
23With others 50 50 50 50 0 0 0 0
24Securities purchased under agreements to resell 360,587 0 318,641 0 0 0 18,174 0
25With commercial banks in the U.S. 11,370 0 8,870 0 0 0 2,500 0
26With nonbank brokers and dealers in securities 105,010 0 70,472 0 0 0 15,674 0
27With others 244,206 0 239,299 0 0 0 0 0
 
28Total loans, gross 1,170,558 23,798 1,050,036 22,632 22,901 53 58,418 0
29Less: Unearned income on loans 2,892 131 2,768 131 33 0 11 0
30Loans, net 1,167,667 23,667 1,047,268 22,501 22,868 53 58,407 0
 
 Total loans, gross, by category 
31Real estate loans 113,231 366 100,336 285 7,538 0 2,281 0
32Loans to depository institutions and acceptances of other banks5 34,259 5,065 29,924 5,008 927 30 2,809 0
33Commercial banks in the U.S. (including their IBFs) 1,196 200 1,073 150 102 30 0 0
34U.S. branches and agencies of other foreign banks 1,145 200 1,055 150 70 30 0 0
35Other commercial banks in the U.S. 51 0 18 0 32 0 0 0
36Other depository institutions in the U.S. (including their IBFs) 1 0 0 0 0 0 1 0
37Banks in foreign countries 33,062 4,865 28,850 4,858 825 0 2,808 0
38Foreign branches of U.S. banks 10 0 10 0 0 0 0 0
39Other banks in foreign countries 33,052 4,865 28,840 4,858 825 0 2,808 0
40Loans to other financial institutions 389,431 1,627 355,429 1,627 3,231 0 27,497 0
41Commercial and industrial loans 520,356 16,179 465,326 15,152 11,092 23 24,944 0
42U.S. addressees (domicile) 414,481 69 370,421 19 9,385 0 22,970 0
43Non-U.S. addressees (domicile) 105,875 16,110 94,905 15,133 1,706 23 1,974 0
44Loans to foreign governments and official institutions (including foreign central banks) 1,801 365 1,791 365 7 0 0 0
45Loans for purchasing or carrying securities (secured and unsecured) 36,881 0 24,415 0 0 0 310 0
46All other loans 72,850 195 71,646 195 107 0 0 0
 
47Lease financing receivables (net of unearned income) 1,750 1 1,171 0 0 0 578 0
48U.S. addressees (domicile) 1,743 0 1,165 0 0 0 578 0
49Non-U.S. addressees (domicile) 7 1 6 0 0 0 0 0
 
50Trading assets 126,922 0 89,074 0 0 0 25,197 0
51U.S. Treasury and agency securities 54,418 0 25,431 0 0 0 24,592 0
52Other trading assets 72,504 0 63,643 0 0 0 605 0
 
53Other assets including other claims on nonrelated parties 90,580 301 71,600 284 348 4 5,296 0
 
54Net due from related depository institutions6 164,997 55,239 88,296 19,710 24,413 32,088 2 200
55Net due from head office and other related depository institutions6 164,997 n.a. 88,296 n.a. 24,413 n.a. 2 n.a.
56Net 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
 
57Total liabilities4 3,013,562 85,807 2,596,851 48,564 62,985 32,676 123,682 200
 
58Liabilities to nonrelated parties 2,149,614 69,703 1,897,842 32,949 43,253 32,541 85,133 200
 
59Total deposits and credit balances 1,294,362 54,883 1,138,886 23,831 37,059 27,940 29,690 0
ItemAll states2New YorkCaliforniaIllinois
Total excluding IBFs3IBFs only3Total excluding IBFsIBFs onlyTotal excluding IBFsIBFs onlyTotal excluding IBFsIBFs only
60Total deposits and credit balances 1,239,479 54,883 1,115,055 23,831 9,119 27,940 29,690 0
61Individuals, partnerships, and corporations (including certified and official checks) 1,132,357 5,003 1,016,217 1,951 7,895 238 27,772 0
62U.S. addressees (domicile) 991,061 6 898,783 0 6,121 0 26,620 0
63Non-U.S. addressees (domicile) 141,296 4,997 117,434 1,951 1,774 238 1,152 0
64Commercial banks in the U.S. (including their IBFs) 20,302 560 17,613 335 0 210 1,879 0
65U.S. branches and agencies of other foreign banks 2,861 560 2,514 335 0 210 0 0
66Other commercial banks in the U.S. 17,441 0 15,099 0 0 0 1,879 0
67Banks in foreign countries 22,580 6,320 22,444 5,773 0 375 12 0
68Foreign branches of U.S. banks 128 0 128 0 0 0 0 0
69Other banks in foreign countries 22,452 6,320 22,317 5,773 0 375 12 0
70Foreign governments and official institutions (including foreign central banks) 34,061 43,000 32,259 15,772 3 27,117 5 0
71All other deposits and credit balances 30,180 0 26,523 0 1,221 0 22 0
 
72Transaction accounts and credit balances (excluding IBFs) 312,195 n.a. 282,875 n.a. 651 n.a. 1,086 n.a.
73Individuals, partnerships, and corporations (including certified and official checks) 278,206 n.a. 249,429 n.a. 648 n.a. 1,081 n.a.
74U.S. addressees (domicile) 215,455 n.a. 197,525 n.a. 512 n.a. 1,001 n.a.
75Non-U.S. addressees (domicile) 62,751 n.a. 51,904 n.a. 136 n.a. 80 n.a.
76Commercial banks in the U.S. (including their IBFs) 4,881 n.a. 4,500 n.a. 0 n.a. 0 n.a.
77U.S. branches and agencies of other foreign banks 598 n.a. 301 n.a. 0 n.a. 0 n.a.
78Other commercial banks in the U.S. 4,283 n.a. 4,199 n.a. 0 n.a. 0 n.a.
79Banks in foreign countries 21,068 n.a. 20,951 n.a. 0 n.a. 0 n.a.
80Foreign branches of U.S. banks 1 n.a. 1 n.a. 0 n.a. 0 n.a.
81Other banks in foreign countries 21,067 n.a. 20,951 n.a. 0 n.a. 0 n.a.
82Foreign governments and official institutions (including foreign central banks) 4,696 n.a. 4,661 n.a. 3 n.a. 5 n.a.
83All other deposits and credit balances 3,344 n.a. 3,334 n.a. 0 n.a. 0 n.a.
 
84Nontransaction accounts (including MMDAs, excluding IBFs) 927,284 n.a. 832,180 n.a. 8,468 n.a. 28,605 n.a.
85Individuals, partnerships, and corporations (including certified and official checks) 854,151 n.a. 766,788 n.a. 7,247 n.a. 26,691 n.a.
86U.S. addressees (domicile) 775,606 n.a. 701,259 n.a. 5,609 n.a. 25,619 n.a.
87Non-U.S. addressees (domicile) 78,545 n.a. 65,529 n.a. 1,638 n.a. 1,072 n.a.
88Commercial banks in the U.S. (including their IBFs) 15,420 n.a. 13,112 n.a. 0 n.a. 1,879 n.a.
89U.S. branches and agencies of other foreign banks 2,263 n.a. 2,213 n.a. 0 n.a. 0 n.a.
90Other commercial banks in the U.S. 13,158 n.a. 10,900 n.a. 0 n.a. 1,879 n.a.
91Banks in foreign countries 1,512 n.a. 1,493 n.a. 0 n.a. 12 n.a.
92Foreign branches of U.S. banks 127 n.a. 127 n.a. 0 n.a. 0 n.a.
93Other banks in foreign countries 1,385 n.a. 1,366 n.a. 0 n.a. 12 n.a.
94Foreign governments and official institutions (including foreign central banks) 29,365 n.a. 27,598 n.a. 0 n.a. 0 n.a.
95All other deposits and credit balances 26,835 n.a. 23,189 n.a. 1,221 n.a. 22 n.a.
 
96IBF deposit liabilities n.a. 54,883 n.a. 23,831 n.a. 27,940 n.a. 0
97Individuals, partnerships, and corporations (including certified and official checks) n.a. 5,003 n.a. 1,951 n.a. 238 n.a. 0
98U.S. addresses (domicile) n.a. 6 n.a. 0 n.a. 0 n.a. 0
99Non-U.S. addresses (domicile) n.a. 4,997 n.a. 1,951 n.a. 238 n.a. 0
100Commercial banks in United States (including their IBFs) n.a. 560 n.a. 335 n.a. 210 n.a. 0
101U.S. branches and agencies of other foreign banks n.a. 560 n.a. 335 n.a. 210 n.a. 0
102Other commercial banks in United States n.a. 0 n.a. 0 n.a. 0 n.a. 0
103Banks in foreign countries n.a. 6,320 n.a. 5,773 n.a. 375 n.a. 0
104Foreign branches of U.S. banks n.a. 0 n.a. 0 n.a. 0 n.a. 0
105Other banks in foreign countries n.a. 6,320 n.a. 5,773 n.a. 375 n.a. 0
106Foreign governments and official institutions (including foreign central banks) n.a. 43,000 n.a. 15,772 n.a. 27,117 n.a. 0
107All other deposits and credit balances n.a. 0 n.a. 0 n.a. 0 n.a. 0
 
ItemAll states2New YorkCaliforniaIllinois
Total including IBFs3IBFs only3Total including IBFsIBFs onlyTotal including IBFsIBFs onlyTotal including IBFsIBFs only
108Federal funds purchased and securities sold under agreements to repurchase 436,398 2,123 389,931 1,657 493 406 38,723 30
109Federal funds purchased 18,656 2,123 18,103 1,657 493 406 30 30
110With commercial banks in the U.S. 702 0 615 0 87 0 0 0
111With others 17,954 2,123 17,488 1,657 406 406 30 30
112Securities sold under agreements to repurchase 417,742 0 371,827 0 0 0 38,693 0
113With commercial banks in the U.S. 8,455 0 8,455 0 0 0 0 0
114With others 409,287 0 363,372 0 0 0 38,693 0
 
115Other borrowed money 289,534 12,352 266,245 7,183 5,250 4,174 760 170
116Owed to nonrelated commercial banks in the U.S. (including their IBFs) 11,509 1,467 10,116 704 1,111 611 25 0
117Owed to U.S offices of nonrelated U.S. banks 8,880 0 8,360 0 415 0 0 0
118Owed to U.S. branches and agencies of nonrelated foreign banks 2,629 1,467 1,756 704 696 611 25 0
119Owed to nonrelated banks in foreign countries 18,509 9,679 14,238 5,948 3,291 2,978 170 170
120Owed to foreign branches of nonrelated U.S. banks 527 150 321 150 200 0 0 0
121Owed to foreign offices of nonrelated foreign banks 17,982 9,529 13,917 5,798 3,091 2,978 170 170
122Owed to others 259,517 1,206 241,891 531 848 585 565 0
 
123Trading liabilities 60,477 0 49,803 0 0 0 8,751 0
 
124Other liabilities to nonrelated parties 68,844 345 52,977 278 452 21 7,209 0
 
125Net due to related depository institutions6 863,947 16,105 699,008 15,615 19,732 134 38,549 0
126Net 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.
127Net 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 
128Commercial 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.
129With predetermined interest rates 65,858 n.a. 59,865 n.a. 1,931 n.a. 2,268 n.a.
130With floating interest rates 130,204 n.a. 103,511 n.a. 703 n.a. 19,240 n.a.
131Commercial 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.
132With predetermined interest rates 32,777 n.a. 29,670 n.a. 426 n.a. 1,070 n.a.
133With floating interest rates 286,245 n.a. 268,185 n.a. 8,008 n.a. 1,660 n.a.
 
ItemAll states2New YorkCaliforniaIllinois
Total excluding IBFs3IBFs only3Total excluding IBFsIBFs onlyTotal excluding IBFsIBFs onlyTotal excluding IBFsIBFs only
134Time 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.
135Of which, with remaining maturity of more than 12 months 19,560 n.a. 16,763 n.a. 330 n.a. 82 n.a.
 
ItemAll states2New YorkCaliforniaIllinois
Total including IBFs3IBFs only3Total including IBFsIBFs onlyTotal including IBFsIBFs onlyTotal including IBFsIBFs only
136Immediately 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.
 
137Number 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
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Last Update: March 28, 2025