Parent Company Only Financial Statements for Large Holding Companies

DRAFT

FR Y-9LP
OMB Number 7100-0128
Approval expires July 31, 2018
Page 1 of 9

2021

Board of Governors of the Federal Reserve System

Parent Company Only Financial Statements for Large
Holding Companies—FR Y-9LP
Report at the close of business as of the last calendar day of the quarter
This Report is required by law: Section 5(c) of the BHC Act
(12 U.S.C. § 1844(c)), section 10 of Home Owners' Loan Act
(HOLA) (12 U.S.C. § 1467a(b)), section 618 of the Dodd-Frank
Act (12 U.S.C. § 1850a(c)(1)), section 165 of the Dodd-Frank Act
(12 U.S.C. § 5365), and section 252.153(b)(2) of Regulation YY
(12 CFR 252.153(b)(2)).
This report form is to be filed by the parent company of large
holding companies. For purposes of this report, large holding
NOTE: The Parent Company Only Financial Statements for
Large Holding Companies must be signed and attested by the
Chief Financial Officer (CFO) of the reporting holding company
(or by the individual performing this equivalent function).

companies are holding companies with total consolidated
assets of $1 billion or more, or holding companies that meet certain
criteria, regardless of size. When such holding companies are tiered
holding companies, separate reports are also to be filed by each
of the subsidiary holding companies. The Federal Reserve may
not conduct or sponsor, and an organization (or a person) is not
required to respond to, a collection of information unless it displays
a currently valid OMB control number.

Date of Report:

September 30, 2016
Month / Day / Year (BHCP 9999)

March 31, 2018

I, the undersigned CFO (or equivalent) of the named holding
company, attest that the Parent Company Only Financial
Statements for Large Holding Companies for this report date
have been prepared in conformance with the instructions issued
by the Federal Reserve System and are true and correct to the
best of my knowledge and belief.

Printed Name of Chief Financial Officer (or Equivalent) (BHCP C490)

Legal Title of Holding Company (TEXT 9010)

Signature of Chief Financial Officer (or Equivalent) (BHCP H321)

(Mailing Address of the Holding Company) Street / P.O. Box (TEXT 9110)

Date of Signature (MM/DD/YYYY) (BHPX J196)

City (TEXT 9130)

State (TEXT 9200)

Zip Code (TEXT 9220)

Holding companies must maintain in their files a manually signed and attested printout of the data submitted.
Person to whom questions about this report should be directed:

Name / Title (BHPX 8901)

For Federal Reserve Bank Use Only
RSSD ID
C.I.

S.F.

Area Code / Phone Number (BHPX 8902)
Area Code / FAX Number (BHPX 9116)
E-mail Address of Contact (BHPX 4086)

Public reporting burden for this information collection is estimated to vary from 2 to 13.5 hours per response, with an average of 5.25 hours per response, including time to gather and maintain data in the required form and to review instructions and complete the information collection. Comments regarding this burden estimate or any other aspect of this information collection,
including suggestions for reducing the burden, may be sent to Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the
Office of Management and Budget, Paperwork Reduction Project (7100-0128), Washington, DC 20503.

03/2018

09/2016

DRAFT

Name of Holding Company

Schedule PI—Parent Company Only Income Statement

For Federal Reserve Bank Use Only

FR Y-9LP
Page 2 of 9

RSSD ID
C.I.

S.F.

Report at the close of business
MM / DD / YYYY

Report the Income Statement on a calendar year-to-date basis.
Dollar Amounts in Thousands
1. Operating Income:
a. Income from bank subsidiaries and associated banks, excluding equity in undistributed income:
(1) Dividends ............................................................................................................
(2) Interest................................................................................................................
(3) Management and service fees .................................................................................
(4) Other ..................................................................................................................
(5) Total (sum of items 1.a(1) through 1.a(4)) ...................................................................
b. Income from nonbank subsidiaries and associated nonbank companies, excluding equity in
undistributed income:
(1) Dividends ............................................................................................................
(2) Interest................................................................................................................
(3) Management and service fees .................................................................................
(4) Other ..................................................................................................................
(5) Total (sum of items 1.b(1) through 1.b(4)) ...................................................................
c. (This item is to be completed only by holding companies that have subsidiary holding
companies or associated holding companies.)
Income from subsidiary holding companies and associated holding companies, excluding equity
in undistributed income:
(1) Dividends ............................................................................................................
(2) Interest................................................................................................................
(3) Management and service fees .................................................................................
(4) Other ..................................................................................................................
(5) Total (sum of items 1.c(1) through 1.c(4))....................................................................
d. Securities gains/(losses)..............................................................................................
e. All other operating income ...........................................................................................
f. Total operating income (sum of items 1.a(5), 1.b(5), 1.c(5), 1.d, and 1.e) ...............................
2. Operating expense:
a. Salaries and employee benefits ....................................................................................
b. Interest expense ........................................................................................................
c. Provision for loan and lease losses................................................................................
d. All other expenses .....................................................................................................
e. Total operating expense (sum of items 2.a through 2.d)......................................................
3. Income (loss) before taxes and undistributed income (item 1.f minus item 2.e) ...........................
4. Applicable income taxes .................................................................................................
Discontinued operations, net of applicable income taxes
5. Extraordinary items, net of tax effect..................................................................................
6. Income (loss) before undistributed income of subsidiaries and associated companies
3.c
(sum of items 3 and 5 minus item 4) ..................................................................................
7. Equity in undistributed income (losses) of subsidiaries and associated companies:
a. Bank .......................................................................................................................
b. Nonbank ..................................................................................................................
c. Subsidiary holding companies ......................................................................................
8. Net Income (loss) (sum of items 6, 7.a, 7.b, and 7.c) ............................................................

BHCP

Amount

0508

1.a.(1)
1.a.(2)
1.a.(3)
1.a.(4)
1.a.(5)

0512
0515
0518
0520

1275
1276
1277

1.b.(1)
1.b.(2)
1.b.(3)
1.b.(4)
1.b.(5)

1278
1279

0206
0207
0208

1.c.(1)
1.c.(2)
1.c.(3)
1.c.(4)
1.c.(5)
1.d.
1.e.
1.f.

0209
0210
4091
0447
4000
4135
4073
4230

4250
4302
4320

2.a.
2.b.
2.c.
2.d.
2.e.
3.
4.
5.

0496

6.

3156
3147
3513

7.a.
7.b.
7.c.
8.

0522
4130

4340

New MDRM FT28

3.a Income (loss) before unrealized holding gains (losses) on equity securities not held for trading,
applicable income taxes, and discontinued operations (item1.f. minus item 2.e.)
b.Unrealized holding gains (losses) on equity securities not held for trading 1
c. Income (loss) before applicable income taxes, discontinued operations and undistributed income

HT69

3.a.

HT70

3.b.

4250

3.c.

(sum of items 3.a and 3.b).

1. Item 3.b is to be completed only by holding companies that have adopted ASU 2016-01,
which includes provisions governing the accounting for investments in equity securities. See
the instructions for further detail on ASU 2016-01.

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DRAFT

FR Y-9LP
Page 3 of 9

Schedule PI—Continued
Memoranda
Dollar Amounts in Thousands
1. Noncash items included in operating expense .....................................................................
2. Loan and lease financing receivables charged-off ................................................................
3. Loan and lease financing receivables recoveries .................................................................
4. Interest expense paid to special-purpose subsidiaries that issued trust preferred securities
(included in item 2.d above).............................................................................................

BHCP

Amount

4647
4635
4605

M.1.
M.2.
M.3.

C254

M.4.

5. Net change in fair values of financial instruments accounted for under a fair value option ............. J980

M.5.

Memorandum item 5 is to be completed by holding companies that have elected to account for financial instruments or servicing assets and liabilities at fair value under a fair value option.

03/2013

DRAFT

FR Y-9LP
Page 4 of 9

INSTRUCTIONS MUST BE REVIEWED AS THIS SCHEDULE REQUIRES NEGATIVE ENTRIES FOR CERTAIN REPORTED ITEMS.

Schedule PI-A—Cash Flow Statement

Not
applicable

Dollar Amounts in Thousands
Part I. Cash Flows from Operating Activities:
1. Net income (loss) (must equal Schedule PI, item 8) ................................................................
2. Adjustments to reconcile net income to net cash provided by operating activities:
a. Provision for deferred income taxes .................................................................................
b. (Gain) or loss on sales of assets .....................................................................................
c. Equity in undistributed (earnings) losses of subsidiaries .......................................................
d. Equity in extraordinary items of subsidiaries ......................................................................
e. Net change in other liabilities ..........................................................................................
f. Net change in other assets ............................................................................................
g. Other, net ...................................................................................................................
h. Total adjustments (sum of items 2.a through 2.g) ................................................................
3. Net cash provided (used) by operating activities (sum of Part I, items 1 and 2.h) ..........................
1.a. Purchases of equity securities
1
with readily determinable fair value

2.a Sales and maturities of equity
securities with readily determinable fair
1
value

Part II. Cash Flows from Investing Activities:
1. Purchases of held-to-maturity and available-for-sale securities .................................................
HU25
2. Sales and maturities of held-to-maturity and available-for-sale securities ....................................
3. Payments for investments in and advances to subsidiaries ......................................................
HU26
4. Sale or repayment of investments in and advances to subsidiaries ............................................
5. Outlays for business acquisitions ........................................................................................
6. Proceeds from business divestitures ...................................................................................
7. Other, net ......................................................................................................................
8. Net cash provided (used) by investing activities
(sum of Part II, items 2, 4, 6, and 7 minus items 1, 3, and 5).....................................................

BHCP

4340

1.

BHCP

3611

2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.

3612
3613
3614
3615
3616
3617
3618
3619
BHCP

Amount

6552

F737
F817
6588

1.
2.
3.
4.
5.
6.
7.

6589

8.

6567
6571
6573

BHCP

Part III. Cash Flows from Financing Activities:
1. Net change in purchased funds and other short-term borrowings ..............................................
2. Not applicable
3. Proceeds from advances from subsidiaries ...........................................................................
4. Repayment of advances from subsidiaries............................................................................
5. Proceeds from issuance of long-term debt ............................................................................
6. Repayment of long-term debt.............................................................................................
7. Proceeds from issuance of common stock ............................................................................
8. Payment to repurchase common stock ................................................................................
9. Proceeds from issuance of preferred stock ...........................................................................
10. Payment to repurchase preferred stock................................................................................
11. Dividends paid ................................................................................................................
12. Other, net ......................................................................................................................
13. Net cash provided (used) by financing activities
(sum of Part III, items 1, 3, 5, 7, 9, and 12 minus items 4, 6, 8, 10, and 11)..................................

Amount

BHPA

Amount

F818

1.

6592
6596

6742
6743

3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

6744

13.

6600
6604
6607
8518
6619
6741

BHCP

Part IV. Cash and Cash Equivalents:
1. Net (decrease) increase in cash and cash equivalents
(sum of Part I, item 3, Part II, item 8, and Part III, item 13) ....................................................... 6758
2. Cash and cash equivalents at beginning of year .................................................................... 6773
3. Cash and cash equivalents, current year-to-date (sum of Part IV, items 1 and 2) .......................... 6775

1.a

Amount

1.
2.
3.

1. To be completed only by holding companies that have adopted ASU 2016-01,
which includes provisions governing the accounting for investments in equity
securities. See the instructions for further detail on ASU 2016-01.

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2.a

DRAFT

FR Y-9LP
Page 5 of 9

Schedule PC—Parent Company Only Balance Sheet
held for
investment and
Assets
held for sale
1. Cash and balances due from depository institutions:

Dollar Amounts in Thousands

BHCP

Amount

held for

a. Balances with subsidiary or affiliated depository institutions ..............................................
investment and
b. Balances with unrelated depository institutions...............................................................
held for sale,
2. Securities:
net of
a. U.S. Treasury securities ............................................................................................
b. Securities of U.S. Government agencies and corporations and securities issued by
states and political subdivisions ..................................................................................
c. Other debt and equity securities ..................................................................................
3. Securities purchased under agreements to resell ...............................................................
4. Loans and lease financing receivables:
a. Loans:
(1) To U.S. addressees (domicile) ................................................................................
(2) To non-U.S. addressees (domicile) ..........................................................................
b. LESS: Unearned income on loans ...............................................................................
c. Loans, net of unearned income (sum of items 4.a(1) and 4.a(2) minus item 4.b) ...................
d. Lease financing receivables, net of unearned income ......................................................
e. LESS: Allowance for loan and lease losses ...................................................................
f. Loans and leases, net of unearned income and allowance for loan and lease losses
(sum of items 4.c and 4.d minus item 4.e) .....................................................................
5. Investments in and receivables due from subsidiaries and associated companies
(from Schedule PC-A, item 4) ........................................................................................
6. Premises and fixed assets (including capitalized leases) .....................................................
7. Intangible assets (other than reported in item 5 above):
a. Goodwill.................................................................................................................
b. Mortgage servicing assets .........................................................................................
c. Other identifiable intangibles .......................................................................................
8. Other assets ..............................................................................................................
9. Balances due from related institutions, other than investments:
a. Related banks .........................................................................................................
b. Related nonbank companies ......................................................................................
c. Related holding companies .........................................................................................
10. TOTAL ASSETS (sum of items 1.a through 3, and 4.f through 9.c above)................................

5993
0010

1.a.
1.b.

0400

2.a.

6791
1299

2.b.
2.c.
3.

0277

0362
0363
0364
2165
3123

4.a.(1)
4.a.(2)
4.b.
4.c.
4.d.
4.e.

2125

4.f.

0365
2145

5.
6.

3163
3164
3165

7.a.
7.b.
7.c.
8.

2123

2160
3602
3603
3604
2170

9.a.
9.b.
9.c.
10.

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DRAFT

FR Y-9LP
Page 6 of 9

Schedule PC—Continued
Dollar Amounts in Thousands
Liabilities and Equity Capital
11. Deposits ........................................................................................................................
12. Securities sold under agreements to repurchase...................................................................
13. Borrowings with a remaining maturity of one year or less:
a. Commercial paper........................................................................................................
b. Other borrowings .........................................................................................................
14. Other borrowed money with a remaining maturity of more than one year ....................................
15. Not applicable
16. Subordinated notes and debentures1 ...................................................................................
17. Other liabilities ................................................................................................................
18. Balances due to subsidiaries and related institutions:
a. Subsidiary banks .........................................................................................................
b. Nonbank subsidiaries ...................................................................................................
c. Related holding companies ............................................................................................
19. Not applicable
20. Equity Capital:
a. Perpetual preferred stock (including related surplus) ...........................................................
b. Common stock (par value) .............................................................................................
c. Surplus (exclude all surplus related to preferred stock) ........................................................
d. Retained earnings ........................................................................................................
e. Accumulated other comprehensive income2 ......................................................................
f. Other equity capital components3 ....................................................................................
g. Not applicable
h. TOTAL EQUITY CAPITAL (sum of items 20.a through 20.f)...................................................
21. TOTAL LIABILITIES AND EQUITY CAPITAL (sum of items 11 through 20.f) ...............................

BHCP

Amount

2200
0279

11.
12.

2309
2332

13.a.
13.b.
14.

0368
4062
2930
3605
3606
3607

3283
3230
3240
3247
B530
A130
3210

16.
17.
18.a.
18.b.
18.c.

20.a.
20.b.
20.c.
20.d.
20.e.
20.f.

3300

20.h.
21.

1. Financial assets and liabilities measured at fair value:
a. Total assets ................................................................................................................ F819
b. Total liabilities.............................................................................................................. F820

M.1.a.
M.1.b.

Memoranda
Memoranda items 1.a and 1.b are to be completed by holding companies that have elected
to account for financial instruments or servicing assets and liabilities at fair value under a fair
value option.

1. Includes limited-life preferred stock and related surplus.
2. Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges,
cumulative foreign currency translation adjustments, and minimum pension liability adjustments.
3. Includes treasury stock and unearned Employee Stock Ownership Plan shares.

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DRAFT

FR Y-9LP
Page 7 of 9

Schedule PC-A—Investments in Subsidiaries and Associated Companies
Dollar Amounts in Thousands
1. a. Equity investments in bank subsidiaries and associated banks:
(1) Common and preferred stock (net of amount reported in item 1.a(2)) ............................
(2) Intangible assets:
(a) Goodwill ......................................................................................................
(b) Other identifiable intangibles ............................................................................
b. Nonequity investments in and receivables due from bank subsidiaries and associated banks:
(1) Loans, advances, notes, bonds, and debentures.......................................................
(2) Other receivables ...............................................................................................
2. a. Equity investments in nonbank subsidiaries and associated nonbank companies:
(1) Common and preferred stock (net of amount reported in items 2.a(2)) ...........................
(2) Intangible assets:
(a) Goodwill ......................................................................................................
(b) Other identifiable intangibles ............................................................................
b. Nonequity investments in and receivables due from nonbank subsidiaries and
associated nonbank companies:
(1) Loans, advances, notes, bonds, and debentures.......................................................
(2) Other receivables ...............................................................................................
3. (This item is to be completed only by holding companies that have subsidiary holding
companies or associated holding companies.)
a. Equity investments in subsidiary holding companies and associated
holding companies:
(1) Common and preferred stock (net of amount reported in Item 3.a(2)) ............................
(2) Intangible assets:
(a) Goodwill ......................................................................................................
(b) Other identifiable intangibles ............................................................................
b. Nonequity investments in and receivables due from subsidiary holding companies and
associated holding companies:
(1) Loans, advances, notes, bonds, and debentures.......................................................
(2) Other receivables ...............................................................................................

BHCP

Amount

3239

1.a.(1)

3238
4485

1.a.(2)(a)
1.a.(2)(b)

0533
0534

1.b.(1)
1.b.(2)

1273

2.a.(1)

0087
0536

2.a.(2)(a)
2.a.(2)(b)

0537
0538

2.b.(1)
2.b.(2)

0201

3.a.(1)

0202
0203

3.a.(2)(a)
3.a.(2)(b)

0204

3.b.(1)
3.b.(2)

0205
BHPA

4. TOTAL (sum of items 1 through 3) (must equal Schedule PC, item 5).................................... 0365

4.

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FR Y-9LP
Page 8 of 9

Schedule PC-B—Memoranda
Dollar Amounts in Thousands
1. Amount of assets scheduled to mature within one year
(including contractual payments to be repaid within one year)...................................................
2. Amount of borrowings included in Schedule PC, items 16 and 18 that is scheduled to mature within
one year (exclude short-term debt) .....................................................................................
3. Amount of liabilities (other than borrowings) scheduled to mature within one year
(including any contractual payments to be repaid within one year) .............................................
4. Amount of borrowings from unaffiliated parties guaranteed by the parent with respect to the
following subsidiaries:
a. Bank .........................................................................................................................
b. Nonbank ....................................................................................................................
c. Related holding companies .............................................................................................
5. Borrowing by the parent from subsidiaries and associated companies
(included in Schedule PC, item 18):
a. Bank .........................................................................................................................
b. Nonbank ....................................................................................................................
c. Related holding companies ............................................................................................
6. Long-term debt that reprices within one year .........................................................................
7. Loans and lease financing receivables of the parent:
a. Past due 90 days or more and still accruing.......................................................................
b. Nonaccrual status ........................................................................................................
8. Loans of the parent restructured in troubled debt restructurings that are in compliance with their
modified terms ................................................................................................................
c. Fair value of equity securities with readily determinable
9. Not applicable
fair values not held for trading in Schedule PC, items 2.a
10. Pledged securities1 ..........................................................................................................
2
through
11. a. Fair value of securities classified
as2.c.
available-for-sale
in Schedule PC, items 2.a through 2.c .....
b. Amortized cost of securities classified as held-to-maturity in Schedule PC, items 2.a through 2.c ....
12. Balances held by subsidiary banks of the holding company due from:
a. Other bank subsidiaries of the holding company .................................................................
b. Nonbank subsidiaries of the holding company....................................................................
13. Balances held by subsidiary banks of the holding company due to:
a. Other bank subsidiaries of the holding company .................................................................
b. Nonbank subsidiaries of the holding company....................................................................
14. Holding company (parent company only) borrowings not held by financial institutions or by insiders
(including directors) and their interests.................................................................................
15. (To be completed only by the top-tier holding company for its consolidated nonbank and thrift
subsidiaries.2) 3
a. Total combined nonbank assets of nonbank subsidiaries ......................................................
b. Total combined loans and leases of nonbank subsidiaries ....................................................
c. Total aggregate operating revenue of nonbank subsidiaries ...................................................
d. Combined thrift assets included in 15.a
(to be completed only by a bank holding company) .............................................................
e. Combined foreign nonbank subsidiary assets included in 15.a ..............................................

BHCP

Amount

0543

1.

3409

2.

3609

3.

0540
0541

4.a.
4.b.
4.c.

0542

0467
1274
0539
3298
1407

5.a.
5.b.
5.c.
6.

1403

7.a.
7.b.

K297

8.

0416

10.
11.a.
11.b.

8516
8517
A511
6792

11.c.

6793

12.a.
12.b.

6794
6795

13.a.
13.b.

3152

14.

4778
C427
C428

15.a.
15.b.
15.c.

2792

15.d.
15.e.

2793

Number (Unrounded)

f. Number of nonbank subsidiaries included in 15.a ............................... 2794
g. Number of thrift subsidiaries included in 15.d
(to be completed only by a bank holding company) ............................. 2796
h. Number of foreign nonbank subsidiaries included in 15.e ..................... 2831
16. Notes payable to special-purpose subsidiaries that issued trust preferred securities
(included in Schedule PC, item 18.b and item 5.b above) ........................................................ C255

3.

15.f.
15.g.
15.h.
16.

1. Includes held-to-maturity securities at amortized cost and available-for-sale securities at fair value.
2. A savings and loan holding company should not include its consolidated savings association in items 15(a) through 15(h).
See the instructions for more details.
2. Item 11.c is to be completed only by holding companies that have adopted ASU
2016-01, which includes provisions governing the accounting for investments in
equity securities. See the instructions for further detail on ASU 2016-01.

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FR Y-9LP
Page 9 of 9

Notes to the Parent Company Only Financial Statements
Enter in the lines provided below any additional information on specific line items on the financial statements that the holding
company wishes to explain, that has been separately disclosed in the holding company's quarterly reports to its shareholders, in its
press releases, or on its quarterly reports to the Securities and Exchange Commission (SEC).
Also include any transactions which previously would have appeared as footnotes to Schedules PI through PC-B.
Each additional piece of information disclosed should include the appropriate reference to schedule and item number, as well as a
description of the additional information and the dollar amount (in thousands of dollars) associated with that disclosure.

Example
A parent holding company has guaranteed a new loan for its leveraged Employee Stock Ownership Plan (ESOP) for $500 thousand and that amount has increased the parent company's long-term unsecured debt by a material amount. Enter on the line item
below the following information:
TEXT

BHCP

Amount

0000 Sch. PC, item 14, New loan to holding company's ESOP guaranteed

by holding company parent
500

0000

Notes to the Financial Statements
TEXT

1.

5485

2.

5486

3.

5487

4.

5488

5.

5489

Dollar Amounts in Thousands

BHCP

Amount

5485

1.

5486

2.

5487

3.

5488

4.

5489

5.

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