Go to the FDIC website at www.fdic.gov and find the total amount of unused commitments and letters of credit and the notional value of interest rate swaps of FDIC-insured commercial banks for the most recent quarter available using the following steps. Click on Analysts." From there click on "Statistics on Banking." Next click on Assets and Liabilities" and "Run Report." Select "Total Unused Commitments," then "Letters of Credit," and finally Derivatives to get the relevant data. This will bring the three files onto your computer that contain the relevant data. What is the dollar value increase in these amounts over the first-quarter 2015 values reported in Table 16-4? TABLE 16-4 Aggregate Volume of Off-Balance Sheet Commitments and Contingencies by U.S. Commercial Banks and Savings Institutions (in billions of dollars) Distribution J.P. Morgan 1992 2015 2015 Chase 2015 Commitments to lend $ 1,281.1 $ 5,926.4 2.8% $ 930.7 Future and forward contracts (excludes FX) On commodities and equities 26.3 306.6 0.1 202.3 On interest rates 1.738.1 30,070.7 14.1 9,266.9 Notional amount of credit derivatives Bank is guarantor 0.0 4,456.4 2.1 1.969.3 Bank is beneficiary 0.0 4,559.5 2.1 2,021.2 Standby contracts and other option contracts Written option contracts on interest rates 504.7 11.253.3 5.3 3.625.4 Purchased option contracts on interest rates 508.0 11,715.1 5.5 3,975.4 Written option contracts on foreign exchange 245.7 3,301.4 1.5 811.0 Purchased option contracts on foreign exchange 249.1 3,272.3 1.5 802.9 Written option contracts on commodities and equities 30.9 1,214.5 0.6 676.2 Purchased option contracts on commodities and equities 1,080.3 624.1 Commitments to buy FX (includes US$), spot, and forward 3,015.5 16,914.0 7.9 4,814.0 Standby LCs and foreign office guarantees 162.5 628.9 0.3 188.1 (amount of these items sold to others via participations) (14.9) (217.9) (95.1) Commercial LCs 28.1 19.3 0.0 4.7 Securities lent 96.4 1,284.9 0.6 215.1 Other significant commitments and contingencies 8.9 98.7 0.0 40.4 Notional value of all outstanding interest rate, FX, and commodity swaps 2,417.2 117,686.3 55.0 28,307.4 Loans sold, with recourse Outstanding principal balance of loans sold 10.7 05.0 10.2 (Amount of recourse exposure on these loans) (6.3) (27.9) (0.0) (1.2) Total $10.358.9 $213.893.6 100.0% $58,485.3 Total assets (on-balance-sheet items) $ 3,506.2 $ 14,736.6 $ 2,246.1 FX = foreign exchange, LC = letter of credit. 29.4 0.5 First quarter Source: FDIC, Statistics on Banking, various issues. www.fdic.gov