U.S. banks' commercial and industrial loans increased by $2 billion, to about $1.255 trillion, in the week that ended June 2, the latest week for which data are available, the Federal Reserve said Friday.

That followed a $2.6 billion increase the previous week.

Jumbo certificates of deposit fell $12 billion, to about $1.719 trillion, in the latest weekly data, after falling $9.7 billion the previous week. Revolving home equity loans fell $1.5 billion, to $597.9 billion, after falling $100 million the previous week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.