Supplement to the Consolidated Financial Statements for Bank Holding Companies

Instructions for the FR Y-9CS

General Instructions
U.S. bank holding companies who have submitted a
declaration to become a financial holding company with
the appropriate Federal Reserve Bank and whose declaration has been determined to be effective as of the reporting period (e.g., March 31, June 30, September 30 or
December 31) must submit the FR Y-9CS with their
Consolidated Financial Statements for Bank Holding
Companies (FR Y-9C) or Parent Company Only Financial Statements for Small Bank Holding Companies
(FR Y-9SP). This report must be completed only by the
top-tier holding company in a multi-tiered organization.
Financial holding companies who file the FR Y-9SP
should refer to the FR Y-9C instructions and glossary
definitions when completing this report. If actual data are
unavailable, information reported on the FR Y-9CS may
be a financial holding company’s best estimates for the
reporting period. Report all amounts in millions of dollars. All items must be completed. If the financial holding company has no activity to report, enter a zero.
The report focuses on the newly authorized activities
conducted by the financial holding company and its
holding company subsidiaries (i.e., subsidiaries that are
not held through a U.S. depository institution).

Confidentiality
The Board of Governors of the Federal Reserve System
considers the information provided by each respondent
as confidential pursuant to the Freedom of Information
Act [5 U.S.C. §552(b)(4)], except for item 4. If it should
be determined subsequently that any confidential information collected on this form must be released, the
respondent(s) will be notified.

Subsidiaries
For purposes of this report, the term ‘‘subsidiary’’ refers
Instructions for Preparation of Reporting Form FR Y-9CS
General Instructions March 2000

to the definition used in preparing the FR Y-9C, that
is, subsidiaries which are consolidated under Generally
Accepted Accounting Principles (see the FR Y-9C glossary definition for ‘‘subsidiaries’’). For purposes of this
report, exclude subsidiaries that are held through a U.S.
depository institution. Subsidiaries of the financial holding company that have subsidiaries of their own may
consolidate the lower-tier subsidiary amounts with their
own amounts.

Column A—Gross Assets
Report in each line item the dollar amount of the combined gross assets by type of subsidiary classified in
items 1 and 2. The definition of this column generally
corresponds to the FR Y-9C, Schedule HC, Balance
Sheet, line 12. Include in this column all intercompany
assets and claims on affiliates.

Column B—Net Assets
Report in each line item the dollar amount of the combined net assets. The definition of this column generally
corresponds to the FR Y-9C, Schedule HC, Balance
Sheet, line 12. Exclude from this item intercompany
assets and claims on affiliates that are eliminated when
preparing consolidated financial statements for the financial holding company. For purpose of this report, an
affiliate is defined as any company that is, or would be
consolidated when preparing an FR Y-9C report.

Column C—Equity Capital
Report in each line item the dollar amount of the combined equity capital. For purposes of this report, ‘‘equity
capital’’ generally corresponds with the FR Y-9C, Schedule HC, Balance Sheet, line 27(i) for financial reporting
purposes—not regulatory capital. Report only the equity
of the top parent company(s) for each line item. For
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General Instructions

example, if an insurance company subsidiary owns
another insurance company, report only the equity of
the parent company; do not also add the equity of its
subsidiary.

Column D—Year-to-Date Net Income
Report in each line item the year-to-date net income
(loss) by type of subsidiary classified in items 1 and 2.
This item generally corresponds with the FR Y-9C,
Schedule HI, Income Statement, line 13. Enclose losses
in parentheses. Include intercompany income and
expenses in each line item.

Line Item Instructions
NOTE: Not all activities of a financial holding company
are included in this report and therefore the amounts
reported should not equal amounts reported on the
FR Y-9C or FR Y-9SP.
Line item 1. Broker–Dealer subsidiaries engaged
in underwriting or dealing securities pursuant to
Section 4(k)(4)(E) of the Bank Holding Company
Act as amended by the Gramm-Leach-Bliley Act.
Report in Columns A through D data for broker–dealer
subsidiaries engaged in underwriting or dealing securities pursuant to Section 4(k)(4)(E) of the Bank Holding
Company Act as amended by the Gramm-Leach-Bliley
Act. Include both domestic and foreign subsidiaries that
are owned by the financial holding company. Exclude
any subsidiaries that are held through a U.S. depository
institution.
Line item 2.

Insurance underwriting subsidiaries.

Report in Columns A through D data for insurance
underwriting subsidiaries. Exclude subsidiaries that
engage solely in underwriting credit-related insurance
that was permissible for bank holding companies to

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engage in prior to the Gramm–Leach–Bliley Act under
Section 225.28(b)(11)(i) of Regulation Y. Also exclude
from this item subsidiaries that are principally engaged
in insurance agency activities. Include both domestic and
foreign subsidiaries that are owned by the financial holding company.
Line item 3. Investments held under merchant
banking authority.
Report the aggregate balance sheet carrying amount
of investments held under the merchant banking
authority of the Gramm–Leach–Bliley Act (12 U.S.C.
1843(k)(4)(H)) and Federal Reserve regulation. Report
all investments that are held under this authority by the
financial holding company and all of its subsidiaries.
Include investments made after the enactment of the
Gramm-Leach-Bliley Act under the Act’s merchant
banking provisions, as well as any investment made prior
to the enactment of the Gramm-Leach-Bliley Act that is
now held as a merchant banking investment under section 4(k)(4)(H) of the BHC Act. This amount should be
reported using the same valuation method used in preparing the FR Y-9C.
Line item 4. Does the financial holding company
have subsidiaries that are engaged in newly
authorized insurance agency activities?
Enter a ‘‘1’’ for yes if the financial holding company
or any of its subsidiaries engage in newly authorized
insurance agency activities. Enter a ‘‘2’’ for no. Newly
authorized insurance agency activities refers to insurance agency activities that were not permissible for a
bank holding company to engage in prior to the enactment of the Gramm–Leach–Bliley Act. See 12 CFR
225.28(b)(11). Include both domestic and foreign subsidiaries that are owned by the financial holding company.
Exclude any subsidiaries that are held through a U.S.
depository institution.

Instructions for Preparation of Reporting Form FR Y-9CS
General Instructions September 2000