Parent Company Only Financial Statements for Large Bank Holding Companies

General Instructions

with a minus (-) sign
zero. Rounding may result in details not adding to their
stated totals. However, in order to ensure consistent
reporting, the rounded detail items should be adjusted so
that the totals and the sums of their components are
identical.
On the Parent Company Only Financial Statements for
Large Bank Holding Companies, ‘‘Total assets’’ (Schedule PC, item 10) and ‘‘Total liabilities and equity capital’’
(Schedule PC, item 21), which must be equal, must be
derived from unrounded numbers and then rounded
in order to ensure that these two items are equal as
reported.
For bank holding companies with total assets of less than
$10 billion, all dollar amounts must be reported in
thousands, with the figures rounded to the nearest thousand. Items less than $500 will be reported as zero. For
bank holding companies with total assets of $10 billion
or more, all dollar amounts may be reported in thousands,
but each bank holding company, at its option, may round
the figures reported to the nearest million, with zeros
reported in the thousands column. For bank holding
companies exercising this option, amounts less than
$500,000 will be reported as zero.

D. Negative Entries
Except for the items listed below, negative entries are
generally not appropriate on the FR Y-9LP and should not
be reported. Hence, assets with credit balances must be
reported in liability items and liabilities with debit balances should be reported in asset items, as appropriate,
and in accordance with these instructions. Items for which
negative entries may be made include:
(1) Schedule PC, item 5, ‘‘Investments in and receivables due from subsidiaries and associated
companies,’’
(2) Schedule PC, item 20(d), ‘‘Retained Earnings,’’
(3) Schedule PC, item 20(e), ‘‘Accumulated other comprehensive income.’’
(4) Schedule PC, item 20(f), ‘‘Other equity capital
components.’’
(5) Schedule PC-A, items 1(a)(2)(a), 2(a)(2)(a), and
3(a)(2)(a), ‘‘Goodwill.’’
When negative entries do occur in one or more of these
GEN-4

items, they shall be recorded with a minus (2) sign rather
than in parenthesis.
On the Parent Company Only Income Statement (Schedule PI) and Schedule PI-A ‘‘Cash Flow Statement,’’
negative entries may appear, as appropriate. Income
items with a debit balance and expense items with a
credit balance must be reported in parentheses.

E. Confidentiality
The completed version of this report is available to the
public upon request on an individual basis. However,
a reporting bank holding company may request
confidential treatment for the Parent Company Only
Financial Statements for Large Bank Holding Companies (FR Y-9LP) if the bank holding company is of the
opinion that disclosure of specific commercial or financial information in the report would likely result in
substantial harm to its competitive position, or that
disclosure of the submitted information would result in
unwarranted invasion of personal privacy.
A request for confidential treatment must be submitted in
writing prior to the electronic submission of the report.
The request must discuss in writing the justification for
which confidentiality is requested and must demonstrate
the specific nature of the harm that would result from
public release of the information; merely stating that
competitive harm would result or that information is
personal is not sufficient.
Information, for which confidential treatment is requested,
may subsequently be released by the Federal Reserve
System if the Board of Governors determines that the
disclosure of such information is in the public interest.

F. Verification and Signatures
Verification. All addition and subtraction should be
double-checked before reports are submitted. Totals and
subtotals in supporting materials should be cross-checked
to corresponding items elsewhere in the reports. Before a
report is submitted, all amounts should be compared with
the corresponding amounts in the previous report. If there
are any unusual changes from the previous report, a brief
explanation of the changes should be provided to the
appropriate Reserve Bank.
Signatures. The Parent Company Only Financial Statements for Large Bank Holding Companies must be
signed by the Chief Financial Officer of the bank holding
General Instructions

FR Y-9LP
June 2007

March 2011

Schedule PC-B
Loans restructured in troubled debt restructurings

been restructured because of a deterioration in the financial position of the obligor but, as of the report date, are
in compliance with the modified terms. Loan amounts
should be reported net of unearned income to the extent
that the same categories of loans are reported net of
unearned income in Schedule PC above.

Definition for Item 8
Restructured loans and leases—For purposes of this
report, restructured loans and leases (i.e., renegotiated
debt) includes those loans and lease financing receivables
that have been restructured or renegotiated to provide a
reduction of either interest or principal because of a
deterioration in the financial position of the borrower. A
a troubled debt
loan extended or renewed at a stated interest rate equal to
restructuring
the current interest rate for new debt with similar risk is
not considered restructured debt.
Include in memoranda item 8 only those restructured
loans and leases that are in compliance with the modified
terms of the renegotiation. If such loans and leases are
past due or in nonaccrual status, they are to be excluded
Include from memoranda item 8 and reported in memoranda
items 7(a) and 7(b) above.
Exclude all loans to individuals for household, family,
and other personal expenditures, and all loans secured by
1–4 family residential properties.
For further information, see Financial Accounting Standards Board Statement No. 15, ‘‘Accounting by Debtors
and Creditors for Troubled Debt Restructurings’’
Delete period
(FASB 15).
Line Item 9 Not applicable.
Line Item 10 Pledged securities.
Report the amortized cost of all held-to-maturity securities and the fair value of all available-for-sale securities,
included in Schedule PC, item 2, held by the reporting
bank holding company (parent company only) that are
pledged to secure deposits, repurchase transactions, or
other borrowings (regardless of the balance of liabilities
against which the securities are pledged), such as performance bonds on futures or forward contracts, or for any
other purpose.

have been designated as available-for-sale. The fair value
(market value) of securities should be determined, to the
extent possible, by timely reference to the best available
source of current market quotations or other data on
relative current value. For example, securities traded on
national, regional, or foreign exchanges, or on organized
over-the-counter markets should be valued at the most
recently available quotation in the most active market.
Quotations from brokers or others making markets in
securities that are neither widely nor actively traded are
acceptable if prudently used. Unrated debt securities for
restructured
which
no reliableinmarket price data are available may be
troubled
debt
valued at cost
adjusted for amortization of premium or
restructurings
accretion of discount unless credit problems of the
obligor or upward movements in the level of interest
rates warrant a lower estimate of current value. Equity
securities that do not have readily determinable fair
values shall be reported at historical cost. (NOTE: The
sum of items 11(a) and 11(b) must equal the sum of
Schedule PC, item 2(a) through 2(c)).
, as amended by FASB
Line Item 11(b) Amortized cost of securities
Statement No. 114,
classified as held-to-maturity in Schedule PC,
"Accounting by
item 2(a) through 2(c).
Creditors for
of a classified
Loan."
Report the amortized costImpairment
of securities
as
held-to-maturity in Schedule PC, item 2(a) through 2(c).
(NOTE: The sum of items 11(a) and 11(b) must equal the
sum of Schedule PC, item 2(a) through 2(c)).
Line Item 12 Balances held by subsidiary banks of
the bank holding company due from other bank
subsidiaries of the bank holding company or due
from nonbank subsidiaries of the bank holding
company.
Report in item 12(a) all balances (that is, balances due
from, securities, federal funds sold, securities purchased
under agreements to resell, loans, or any other assets) that
are booked as assets on the books of a subsidiary bank of
the bank holding company that are due from a bank that
is a direct or indirect subsidiary of the top tier parent
bank holding company.

Report in item 12(b) all balances (that is, balances due
from, securities, federal funds sold, securities purchased
Line Item 11(a) Fair value of securities classified
under agreements to resell, loans, or any other assets) that
as available-for-sale in Schedule PC, item 2(a)
are booked as assets on the books of a subsidiary bank of
through 2(c).
the bank holding company that are due from direct or
Report in this item the fair value of all securities included
indirect nonbank subsidiaries of the top-tier parent bank
in Schedule PC, item 2(a) through 2(c), ‘‘Securities,’’ that
holding company.
March 2011
start a new paragraph with the following sentence:
FR Y-9LP
PC-B-5
Schedule PC-B September 2010
See the instructions for memoranda item 1, Schedule HC-C on
the FR Y-9C for further information on loans restructured in
troubled debt restructurings.