Annual Report of Deposits and Reservable Liabilities

Board of the Governors of the Federal Reserve System

Instructions for the Preparation of

Annual Report of Deposits and Reservable Liabilities
Reporting Form FR 2910a
Effective June 2018

INSTRUCTIONS FOR PREPARATION OF

Annual Report of Deposits and
Reservable Liabilities
FR 2910a

General Instructions
Who Must Report. This report is required from each of
the following types of depository institutions with net
transaction accounts less than or equal to $16 million
(the “exemption amount”), and with total deposits
greater than $16 million, and with total transaction
accounts, savings deposits, and small time deposits less
than $2.086 billion (the “reduced reporting limit”):1
(1) Federally-insured commercial or industrial
banks (or any bank that is eligible to apply for
FDIC insurance).
(2) Mutual or stock savings banks.
(3) Building, savings and loan, or homestead associations and cooperative banks that are insured
depository institutions or are eligible to apply to
become insured under the Federal Deposit
Insurance Act.
(4) Credit unions that are insured by the
NCUA Board (or any credit union that is eligible to apply for such insurance).

1. The exemption amount is the amount of a depository institution’s
total reservable liabilities that is subject to a zeropercent reserve requirement. The reduced reporting limit is the amount of total transaction
accounts, savings deposits, and small time deposits, if equaled or
exceeded at a depository institution, whereby the institution must
report the FR 2900 weekly, regardless of the level of its net transaction
accounts. The Federal Reserve determines the exemption amount and
the reduced reporting limit on the basis of June 30 data each year, to be
effective the following year.
The specific procedures and periods used by the Federal Reserve to
determine the reporting panel for the FR 2910a, as well as for other
deposit reports, are described in the chapter titled “Reporting Requirements” of the Reserve Maintenance Manual issued by the Federal
Reserve (available upon request from an institution’s local Federal
Reserve Bank and on the Federal Reserve Board’s website at
https://www.federalreserve.gov/monetarypolicy/reserve-maintenancemanual-reporting-requirements.htm).

In addition, depository institutions for which no
deposit data are available, and therefore whose deposit
size is unknown, are required to submit a FR 2910a
report for determination of their appropriate deposits
reporting category.
Frequency of Report. The report shall be submitted
once each year, as of June 30th.
Where to Report. A reporting institution must file the
FR 2910a report with the Federal Reserve Bank in the
Federal Reserve District in which the reporting institution is located. A reporting institution is located in the
Federal Reserve District that contains the location
specified in the reporting institution’s charter, organizing certificate, license, or articles of incorporation, or
as specified by the reporting institution’s primary regulator, or if no such location is specified, the location of
its head office, unless otherwise determined by the Federal Reserve Board.
How to Report. The report shall reflect amounts outstanding as of the close of business on June 30. If the
institution was closed that day, the closing balances of
the preceding business day should be reported.
Amounts reported should be rounded to the nearest thousand U.S. dollars.
Respondents shall prepare and file a report that consolidates the head office and all branches (and majorityowned subsidiaries, if applicable) located in the
50 states of the United States, the District of Columbia, or on U.S. military facilities, wherever located.
Negative or overdrawn balances in any account should
be regarded as zero when computing deposits totals.
Overdrawn deposit accounts of customers should be
regarded as loans made by the reporting institution
and should not be reported as negative deposits.
NOTE: When calculating Item 2, Reservable Liabilities, and Item 2.a, Net Transaction Accounts, your
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result could be negative. Please indicate a negative
result with a minus sign or parentheses around the
negative amount. (For more information on how to
calculate Reservable Liabilities and Net Transaction
Accounts, see the FR 2910a Worksheet.)
Foreign (non-U.S.) Currency-denominated Transactions. Transactions denominated in non-U.S. currency
must be valued in U.S. dollars by using the exchange
rate prevailing on the report date.
The exchange rates to be used for this conversion are a
consistent series of exchange rate quotations. If deposits are issued in European Currency Unit (ECU) or
some other currency basket, consistent series of
exchange rate quotations either for the basket unit or
for the corresponding individual exchange rates may be
used.
Foreign currency-denominated deposits held at U.S.
offices of a depository institution must be converted to
U.S. dollars under the procedures stipulated above and
included as appropriate in Items 1, 2, and 2.a of the
FR 2910a.

General Definitions
Deposits. The term “deposits” has a special meaning in
Regulation D and in this report. Consequently, the
deposit balances on this report may differ from
amounts in corresponding lines reported on the reporting institution’s quarterly condition report or on other
reports. For purposes of this report, deposits include
funds received by the reporting institution for which
credit has been or is obligated to be given to a transaction account, savings deposit account, or time deposit
account maintained by the institution and, in addition,
certain other liabilities of the institution. Such other
liabilities arise from “primary obligations” that are
issued or undertaken by the reporting institution as a
means of obtaining funds, and consist of the following
obligations:
(1) Any obligation that can be sold or transferred to
another party without the knowledge of the
reporting institution, regardless to whom the
obligation was initially issued.
(2) Purchases of federal funds from “nonexempt
entities” (as defined below).

(3) Repurchase agreements entered into with “nonexempt entities” on any asset other than either
(a) obligations of, or obligations fully guaranteed as to principal and interest by, the U.S. government or a federal agency, or (b) the shares of
a money market mutual fund whose portfolio
consists wholly of obligations of, or obligations
fully guaranteed as to principal and interest by,
the U.S. government or a federal agency.
(4) Due bills, regardless of to whom issued, that
have not been collateralized by a similar security
within three business days from the date of
issuance.
(5) Proceeds from outstanding sales to “nonexempt
entities” of short-term loans made under longterm lending commitments (sometimes referred
to as “loan strips”).
(6) Funds raised through the issuance and sale of
mortgage securities (backed by a pool of conventional, non-federally insured mortgages) to
“nonexempt entities” if the originating reporting institution is obligated to incur more than
the first 10 percent of any loss associated with
that pool of mortgages.2
Except for due bills described above, primary obligations undertaken with “exempt entities” (as defined
below) are not deposits under Regulation D. Note,
however, that those liabilities which the reporting institution books as deposits (or shares) are always deposits, regardless of the status of the depositor.
For purposes of this report, exclude the following obligations from deposits and primary obligations:
(1) Subordinated notes and debentures with a
weighted average maturity of five years or longer
and with the permission of the appropriate
regulatory authority.
(2) Repurchase agreements involving obligations of,
or obligations fully guaranteed as to principal
and interest by, the U.S. government or a federal

2. This treatment, however, does not apply to normal mortgage loan
participation transactions where the buyer and seller of a participation
in a mortgage loan or pool of mortgages share all the risk of loss on a
pro rata basis. In such instances, any funds raised through the sale of
such participations are not considered “primary obligations.”

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agency, regardless of whether transacted with
“exempt entities” or “nonexempt entities.”
(3) Repurchase agreements involving the shares of a
money market mutual fund whose portfolio
consists wholly of obligations of, or obligations
fully guaranteed as to principal and interest by,
the U.S. government or a federal agency, regardless of whether transacted with “exempt entities” or “nonexempt entities.”
(4) Borrowings from a Federal Reserve Bank or a
Federal Home Loan Bank.

tacted by the appropriate Federal Reserve Bank for
additional information.
Exempt/Nonexempt Entities. Please note that the terms
“exempt entities” and “nonexempt entities” used in
these instructions apply to the classification of “primary obligations” as described earlier and do not
apply to the reporting status of the reporting institution or to the exemption of a depository institution
from federal reserve requirements. The term “exempt
entities” that is used in these instructions with respect
to “primary obligations” refers to U.S. offices of the
following institutions:

(5) Borrowings from the National Credit Union
Administration (NCUA) Central Liquidity
Facility or the National Credit Union Share
Insurance Fund, or shares held by the NCUA or
the NCUA Central Liquidity Facility under a
statutorily authorized assistance program.

(1) U.S. commercial banks and trust companies and
their majority-owned subsidiaries.

(6) Trust funds (including escrow funds held in the
reporting institution’s own trust department as
part of the trust department’s fiduciary activities) received or held by the reporting institution
that it keeps properly segregated as trust funds
and apart from its general assets, or which it
deposits in another institution to the credit of
itself as trustee or other fiduciary.

(4) Mutual and stock savings banks.

Other Reservable Obligations. In addition to the deposits and primary obligations described in these instructions, obligations that are reservable under Regulation D also include funds obtained by a depository
institution through the following means:
(1) The use of ineligible acceptances (including
finance bills).
(2) Issuance of certain obligations by nonconsolidated affiliates.
(3) Borrowings from sources outside the United States.
(4) Certain positions with the reporting institution’s
foreign branches and its International Banking
Facility (IBF).
These instructions do not address the treatment of
these obligations. If the reporting institution has
obtained funds in one or more of these ways, it should
check the box that appears on the front of the FR 2910a
reporting form; the reporting institution will be con-

(2) U.S. branches or agencies of a bank organized
under foreign (non-U.S.) law.
(3) Banking Edge Act and agreement corporations.

(5) Building, savings and loan, and homestead
associations.
(6) Cooperative banks.
(7) Industrial banks.
(8) Credit unions (including corporate central credit
unions).
(9) The U.S. government and its agencies and
instrumentalities, such as the Federal Reserve
Banks, Federal Home Loan Banks, Federal
Intermediate Credit Banks, Federal Land
Banks, Banks for Cooperatives, Federal Home
Loan Mortgage Corporation, Federal Deposit
Insurance Corporation, Federal National Mortgage Association, Federal Financing Bank,
National Credit Union Share Insurance Fund,
and National Credit Union Administration
(NCUA) Central Liquidity Facility.
(10) Export–mport Bank of the U.S.
(11) Government Development Bank of Puerto Rico.
(12) Minbanc Capital Corporation.
(13) Securities dealers, but only when the borrowing
has a maturity of one day, is in immediately
available funds, and is in connection with the
clearance of securities.
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(14) The U.S. Treasury.
(15) New York State investment companies (chartered under Article XII of the New York State
Banking Code) that perform a banking business
and are majority owned by one or more nonU.S. banks.
(16) An investment company or trust whose entire
beneficial interest is held exclusively by one or
more depository institutions.
The term “nonexempt entities” refers to any institution
other than those listed above under “exempt entities.”
“Nonexempt entities” include, but are not limited to,
individuals, partnerships, and corporations; state and
local governments; and brokers and nonbank dealers
in securities other than those described in item 13 of
the definition of “exempt entities.”
Month. The instructions in Classification of Deposits
section address the number of withdrawals or transfers
that are permitted each “month” from certain types of
deposit accounts. When used in this context, the term
“month” is defined as a calendar month or statement
cycle (or similar period) of at least four weeks.
U.S./Non-U.S. For purposes of this report, the term
“United States” (or “U.S.”) is defined as the 50 states
of the United States, the District of Columbia, and
U.S. military facilities, wherever located. The terms
“nonU.S.” and “foreign” are defined as Puerto Rico,
territories and possessions of the United States, and all
countries other than the United States, but excludes
U.S. military facilities, wherever located.

Classification of Deposits
For purposes of this report, all “deposits” (including
“primary obligations” described above) are classified
as transaction accounts, savings deposits, or time
deposits as defined below.

Transaction Accounts
With exceptions noted below, transaction accounts are
defined as deposits or accounts from which the depositor or account holder is permitted to make transfers or
withdrawals by negotiable or transferable instruments,
payment orders of withdrawal, telephone transfers, or
other similar devices for the purpose of making payments or transfers to third persons or others or from

which the depositor may make third-party payments at
an automated teller machine (ATM) or a remote service unit (RSU), or other electronic device, including
by debit card.
Savings deposits (including money market deposit
accounts (MMDAs)), as defined below, are excluded
from transaction accounts even though such deposits
permit some third-party transfers. However, as not in
the definition of savings deposits, any account that
otherwise meets the definition of a savings deposit but
that authorizes or permits the depositor to exceed the
withdrawal or transfer limitations for that account
shall be regarded as a transaction account.
Transaction accounts consist of the following types of
deposits, as defined below:
A. Demand deposits.
B. Negotiable Orders of Withdrawal (NOW) accounts.
C. Share draft accounts.
D. Automatic Transfer Service (ATS) accounts.
E. Telephone and preauthorized transfer accounts.
Also included in transaction accounts is interest (or
dividends) paid by crediting transaction accounts.
A. Demand Deposits
Demand deposits are deposits that are payable immediately on demand, or that are issued with an original
maturity or required notice period of less than seven
days, or that represent funds for which the reporting
institution does not eserve the right to require at least
seven days’ written notice of an intended withdrawal.
For purposes of this report, demand deposits include
the accounts listed below:
(1) Checking accounts, noninterest bearing negotiable orders of withdrawal (NINOW) accounts,
and payment order of withdrawal (POW)
accounts. Demand deposits do not include
NOW accounts, share draft accounts, ATS
accounts, or MMDAs.
(2) Cashier’s checks, certified checks, teller’s checks,
money orders, and other officer’s checks issued
for any purpose including those issued in payment for services, dividends, or purchases that
are drawn on the reporting institution by any of

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its duly authorized officers and that are outstanding on the report date.3

(4) Funds received or held in connection with letters
of credit sold to customers.

This includes:

(5) Unposted credits.

(a) Those drawn by the reporting institution on
itself and not payable at or through another
depository institution.

(6) Taxes, insurance premiums or other funds withheld from the salaries of employees of the
reporting institution.

(b) Those drawn by the reporting institution and
drawn on, or payable at or through, another
depository institution on a zero-balance
account or an account that is not routinely
maintained with sufficient balances to cover
checks drawn in the normal course of business (including accounts where funds are
remitted by the reporting institution only
when it has been advised that the checks or
drafts have been presented).

(7) Funds received or held in escrow or trust
accounts that may be withdrawn on demand or
within six days from the date of deposit.

Those checks drawn by the reporting institution on a deposit account at another depository institution which the reporting institution routinely maintains with sufficient balances to cover checks or drafts drawn in the
normal course of business should be
recorded directly as a reduction in demand
balances due from depository institutions in
the United States.
(c) Those checks drawn by the reporting institution on, or payable at or through, a Federal
Reserve Bank or a Federal Home Loan Bank.
(3) Funds received or held in connection with traveler’s checks and money orders sold (but not
drawn) by the reporting institution, until the
proceeds of the sale are remitted to another
party. This also includes other funds received or
held in connection with any other checks used
(but not drawn) by the reporting institution,
until the amount of the checks is remitted to
another party.

3. A teller’s check is a check or draft drawn by a depository institution on another depository institution, a Federal Reserve Bank, or a
Federal Home Loan Bank, or payable at or through a depository institution, Federal Reserve Bank, or a Federal Home Loan Bank. Teller’s
checks do not include checks or drafts sold by a bank acting in an
agency capacity where that capacity is clearly stated on the face of the
check or checks or drafts drawn without recourse where permitted by
state law.

(8) Matured time deposits or matured credit union
share certificates (unless the deposit agreement
specifically provides for automatic renewal at
maturity or for transfer of the funds to a savings
or share account).
(9) Credit balances that meet the definition of
demand deposits.
(10) Demand deposits of U.S. government agencies
and instrumentalities and of state and local
governments.
Demand deposits also include liabilities referred to as
“primary obligations” that are described earlier in
General Definitions section under the definition of
“deposits,” and that are issued in original maturities of
less than seven days or payable with less than seven
days’ notice.
B. NOW Accounts
NOW accounts are interest-bearing deposits (1) on
which the reporting institution has reserved the right to
require at least seven days’ written notice prior to withdrawal or transfer of any funds in the account and
2) that can be withdrawn or transferred to third parties
by issuance of a negotiable or transferable instrument.
NOW accounts are authorized by federal law and are
limited to accounts in which the entire beneficial interest is held by individuals, sole proprietorships, certain
nonprofit organizations, and all governmental units in
the United States, Puerto Rico, and U.S. territories and
possessions.
C. Share draft accounts
Share draft accounts are accounts at credit unions from
which the holder is authorized to withdraw shares or to
transfer shares to third parties by means of a negoGEN-5

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tiable or transferable instrument or other order such as
a share draft. Share draft accounts may be withdrawable upon demand, or the credit union may reserve the
right to require at least seven days’ notice prior to an
intended withdrawal. For eligibility to hold a share
draft account, see Section 205(f)(2) of the Federal
Credit Union Act (12 U.S.C. Section 1785(f)(2)).
D. ATS accounts
ATS accounts are deposits of individuals or sole proprietorships on which the reporting institution has
reserved the right to require at least seven days’ written
notice prior to withdrawal or transfer of any funds in
the account and from which, pursuant to written
agreement arranged in advance between the reporting
institution and the depositor, withdrawals may be
made automatically through payment to the reporting
institution itself or through transfer of credit to a
demand deposit or other account in order to cover
checks or drafts drawn upon the institution or to maintain a specified balance in, or to make periodic transfers to, such other accounts.
E. Telephone and preauthorized transfer accounts
Telephone and preauthorized transfer accounts are
deposits, other than savings deposits,
(1) In which the entire beneficial interest is held by a
party eligible to hold a share draft account
(applicable to accounts at credit unions) or a
NOW account (applicable to accounts at all
other types of depository institutions),
(2) On which the reporting institution has reserved
the right to require at least seven days’ written
notice prior to withdrawal or transfer of any
funds in the account, and
(3) Under the terms of which, or by practice of the
reporting institution, the depositor is permitted
or authorized to make more than six preauthorized, automatic or telephonic withdrawals or
transfers per “month” for purposes of transferring funds to another account of the depositor
at the same institution (including a transaction
account) or for making payment to a third party
by means of preauthorized transfer, or telephonic (including data transmission) agreement, order or instruction.

An account that permits or authorizes more than
six uch withdrawals in a “month” is a transaction account whether or not more than six such
withdrawals actually are made in the “month.”
A “preauthorized transfer” includes any arrangement
by the reporting institution to pay a third party from
the account of a depositor (1) upon written or oral
instruction (including an order received through an
automated clearing house (ACH)), or (2) at a predetermined time or on a fixed schedule.
Telephone and preauthorized transfer accounts also
include the balances of deposits or accounts that otherwise meet the definition of savings deposits or time
deposits, but from which payments may be made to
third parties y means of a debit card, an ATM, a RSU,
or other electronic device, regardless of the number of
payments made.

Savings Deposits
A savings deposit is a deposit (including primary obligations described in General Definitions section) with
respect to which the depositor is not required by the
deposit contract but may at any time be required by the
reporting institution to give written notice of an
intended withdrawal not less than seven days before
withdrawal is made, and that is not payable on a specified date or at the expiration of a specified time after
the date of deposit.
Savings deposit also means a deposit or account, such
as an account commonly known as a passbook savings
account, a statement savings account, or a money market deposit account (MMDA), that otherwise meets
the requirements of the preceding paragraph and from
which, under the terms of the deposit contract or by
practice of the reporting institution, the depositor is
permitted or authorized to make no more than six
transfers and withdrawals, or a combination of such
transfers and withdrawals, per calendar month or statement cycle (or similar period) of at least four weeks, to
another account (including a transaction account) of
the depositor at the same institution or to a third party
by means of a preauthorized or automatic transfer, or
telephonic (including data transmission) agreement,
order or instruction, or by check, draft, debit card, or
similar order made by the depositor and payable to
third parties. (See Regulation D for procedures to be
followed for ensuring that the permissible number of

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transfers is not exceeded.) Transfers from savings
deposits for purposes of covering overdrafts (overdraft
protection plans) are included under the withdrawal
limits specified for savings deposits.
Any depository institution may place restrictions and
requirements on savings deposits in addition to those
stipulated above and in Regulation D. In the case of
such further restrictions, the account would still be
reported as a savings deposit. On the other hand, an
account that otherwise meets the definition of a savings deposit but that authorizes or permits the depositor to exceed the six-transfer/withdrawal rule described
above is a transaction account. (A reporting institution
should contact its local Federal Reserve Bank for further information.)
Multiple savings accounts where the reporting institution suggests, or otherwise promotes, multiple
accounts to permit transfers in excess of the limits
applicable to individual accounts are classified as
transaction accounts and reported as such.
Include the following accounts in savings deposits:
(1) Credit union regular share accounts (but not
share draft accounts).
(2) Escrow accounts, trust accounts, club accounts,
and credit balances that meet the definition of
savings deposits.
(3) Interest or dividends paid and credited to savings deposit accounts.
(4) Individual Retirement Accounts (IRA) or
Keogh Plan Accounts held in the form of savings deposits.
(5) Matured time deposits if the contract calls for
conversion to a savings deposit upon maturity.
Exclude the following accounts from savings deposits:
(1) All transaction accounts.
(2) Any accounts that are savings deposits in form
but that the Federal Reserve Board has determined, by rule or order, to be transaction
accounts.
(3) Special passbook or statement accounts, such as
“ninety-day notice accounts,” “golden passbook
accounts,” or savings certificates that have a

specified original maturity or required notice
period of seven days or more.
(4) Interest accrued but not yet paid or credited to a
savings deposit or share account.

Time Deposits
Time deposits are defined as deposits (including “primary obligations” described in General Definitions
section) that the depositor does not have a right, and is
not permitted, to make withdrawals from within six
days after the date of deposit unless the deposit is subject to an early withdrawal penalty of at least seven
days’ simple interest on amounts withdrawn within the
first six days after deposit. A time deposit from which
partial early withdrawals are permitted must impose
additional early withdrawal penalties of at least seven
days’ simple interest on amounts withdrawn within six
days after each partial withdrawal. If such additional
early withdrawal penalties are not imposed, the
account ceases to be a time deposit. The account may
become a savings deposit if it meets the requirements
for a savings deposit; otherwise, it becomes a demand
deposit. (Note: These prescribed penalties are the minimum required by Federal Reserve Regulation D. Institutions may choose to require penalties for early withdrawal in excess of the regulatory minimums.)
Include the following as time deposits:
(1) Funds that are payable on a specified date not
less than seven days after the date of deposit or
payable at the expiration of a specified time not
less than seven days after the date of deposit, or
payable only upon written notice that is actually
required to be given by the depositor not less
than seven days prior to withdrawal.
(2) Time certificates of deposit or credit union
share certificates and certificates of indebtedness (whether negotiable or nonnegotiable).
(3) Time deposit open accounts or credit union
share certificate open accounts.
(4) Time deposit passbook accounts, savings certificates, and notice accounts.
(5) Escrow funds, trust accounts, club accounts, or
credit balances that meet the definition of time
deposits.
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(6) Individual Retirement Accounts (IRA) and
Keogh Plan Accounts held in the form of time
deposits.

(2)

(7) Time deposits or share certificates maintained
as compensating balances or pledged as collateral for loans.
(8) All interest or dividends paid by crediting time
deposit accounts.
Exclude from time deposits the following categories of
liabilities even if they have an original maturity of
seven days or more:
(1) Any deposit or account that otherwise meets the
definition of a time deposit but that allows withdrawals within the first six days after deposit
and that does not require an early withdrawal
penalty of at least seven days’ simple interest on
amounts withdrawn within those first six days.
Such deposits or accounts that meet the definition of a savings deposit (or credit union share
account) shall be regarded as savings deposits;
otherwise, they shall be regarded as demand

(3)

(4)

(5)

deposits and thus included in transaction
accounts.
The remaining balance of a time deposit if a
partial early withdrawal is made and the remaining balance is not subject to additional early
withdrawal penalties of at least seven days’
simple interest on amounts withdrawn within six
days after each partial withdrawal. Such deposits that meet the definition of a savings deposit
(or credit union share account) shall be regarded
as savings deposits; otherwise, they shall be
regarded as demand deposits and thus included
in transaction accounts.
Any accounts that are time deposits in form but
that the Federal Reserve Board has determined,
by rule or order, to be transaction accounts.
Matured time deposits that are not automatically renewed (reported as transaction accounts
or savings deposits, as appropriate).
Interest or dividends accrued but not yet paid or
credited to a time deposit or share certificate
account.

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INSTRUCTIONS FOR PREPARATION OF

Annual Report of Deposits and
Reservable Liabilities
FR 2910a

Item-by-Item Instructions
Item 1 Total Transaction Accounts, Savings Deposits,
and Small Time Deposits.
Report in this item the balance of all “deposits”
(including “primary obligations” as defined in General
Definitions section above), less ll time deposits with
balances of $100,000 or more. This item includes total
transaction accounts, total savings deposits, and total
time deposits, regardless of maturity, as defined in
Classification of Deposits section above, less ll time
deposits with balances of $100,000 or more.
The following list provides examples of time deposits
with balances of $100,000 or more, which should be
excluded from Item 1:
(1) Negotiable and nonnegotiable and transferable
and nontransferable certificates of deposit
issued in denominations of $100,000 or more,
time deposit open accounts or credit union
share certificate open accounts, and other time
deposits having balances of $100,000 or more.
(2) Time deposits originally issued in denominations of less than $100,000 but, because of interest paid or credited, or because of additional
deposits, now have a balance of $100,000 or
more.
(3) The balance of all primary obligations of
$100,000 or more that is included in total time
deposits.
In determining if a time deposit has a balance of
$100,000 or more, do not combine deposits that are
represented by separate certificates or accounts, even if
held by the same customer.
NOTE: Brokered deposits are funds in the form of
deposits that a depository institution receives from

brokers or dealers on behalf of individual depositors. If
a reporting institution receives brokered deposits in the
form of time deposits, only that portion of the deposit
in amounts of $100,000 or more that is credited to a
single depositor should be excluded from Item 1. The
remainder of the deposit is regarded as small time
deposits. For example, if a broker purchases one large
certificate of deposit (CD) for $5 million on behalf of
several depositors, and each of the underlying depositors’ shares in the CD is less than $100,000, the entire
amount of the CD should be included in Item 1. However, if any of the underlying depositors have balances
of $100,000 or more, that portion of the CD held by
such a depositor or depositors should be excluded from
Item 1.
If a reporting institution is unable to collect information from a broker on the amounts credited to underlying depositors then, generally, the entire amount of the
brokered time deposit should be included in Item 1.
However, in such cases, a reporting institution should
use all available information to determine whether
there is good reason to believe amounts credited to
underlying depositors are $100,000 or greater. For
example, if the broker deals mainly with institutional
customers, then the value of each underlying share will
therefore likely be greater than $100,000, and the brokered deposit should be excluded from Item 1.
Item 2 Reservable Liabilities.
Reservable liabilities consist of the sum of (A) net
transaction accounts + (B) nonpersonal savings deposits + (C) nonpersonal time deposits (regardless of
maturity).1 These components are defined below.
A. Net transaction accounts
Net transaction accounts consist of total transaction
accounts included in Item 1 above less (1) demand balances due from depository institutions in the United
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FR 2910a

June 2013

Line Item Instructions

States and (2) cash items in process of collection, both
as defined below.

(e) Federal funds sold to other depository
institutions.

NOTE: When calculating Item 2.a, Net Transaction
Accounts, your result could be negative. Please indicate
a negative result with a minus sign or parentheses
around the negative amount. (For more information
on how to calculate Net Transaction Accounts, see the
FR 2910a Worksheet.)

(f) All balances due from any non-U.S. office of
a U.S. depository institution; any non-U.S.
office of a foreign bank; trust companies
that do not conduct a commercial banking
business; New York State investment companies (chartered under Article XII of the
New York State Banking Code) that perform a banking business and that are
majority-owned by one or more non-U.S.
banks; private banks; Federal Home Loan
Banks; and NCUA Central Liquidity
Facility.

(1) Demand balances due from depository institutions in the United States. Include all balances of
deposits subject to immediate withdrawal by the
reporting institution that are due from U.S.
offices of the following institutions located in
the United States:
(a) Commercial or industrial banks and trust
companies conducting a commercial banking business.
(b) Bankers’ banks as defined in 12 CFR
§204.121.
(c) Banking Edge Act and agreement
corporations.
(d) U.S. branches and agencies of foreign (nonU.S.) banks.
(e) Mutual or stock savings banks.
(f) Credit unions (including corporate central
credit unions).
(g) Building, savings and loan, and homestead
associations, or cooperative banks.
Exclude from demand balances due from depository institutions in the United States the following items:
(a) All balances due from Federal Reserve
Banks.
(b) Balances due from other depository institutions that are pledged by the reporting
institution.
(c) Time and savings deposit balances held at
other depository institutions.
(d) Trust funds deposited in other depository
institutions by the reporting institution’s
trust department.

(g) Demand deposit balances due from a
smaller depository institution in circumstances where the reporting (and larger)
depository institution has moved funds to
the smaller depository institution to take
advantage of the lower reserve requirements
imposed on smaller depository institutions
(i.e., to make use of the low reserve tranche)
and has received the funds back in a reservefree transaction.
(2) Cash items in process of collection. Include the
items listed below:
(a) Checks or drafts in the process of collection,
drawn on another depository institution,
that are payable immediately upon presentation in the United States, including checks
or drafts forwarded to a Federal Reserve
Bank in process of collection and checks or
drafts on hand that will be presented for
payment or forwarded for collection on the
following business day.
(b) Government checks drawn on the Treasury
of the United States that are in the process
of collection.
(c) Such other items in the process of collection
that are payable immediately upon presentation in the United States and that are customarily cleared or collected by depository
institutions as cash items, including:
(i) Matured bonds and coupons.

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June 2013

FR 2910a

Line Item Instructions

(ii) Postal and other money orders, and
traveler’s checks.
(iii) Credit union share drafts.
(iv) Payable-through drafts that have been
received by the reporting institution
and that will be forwarded to another
depository institution.
(v) Broker security drafts.
(vi) Amounts credited to deposit accounts
in connection with automated payment arrangements where such credits
are made one business day prior to the
scheduled payment date to ensure that
funds are available on the payment
date.
(vii) Returned items and unposted debits.
(viii) Food coupons and certificates.
Exclude any items handled as noncash collections,
items for which the reporting institution already has
received credit, and credit card or debit slips.
B. Nonpersonal savings deposits: that portion of total
savings deposits that is nonpersonal, as defined below.

C. Nonpersonal time deposits: that portion of total
time deposits that is nonpersonal, as defined below,
regardless of maturity.
Nonpersonal savings and time deposits are deposits
that are transferable or in which any beneficial interest
is held by a depositor other than a natural person. A
natural person is an individual or a sole proprietorship.
A natural person is not a corporation, even if owned by
an individual, a partnership or other association.
The following deposits in the form of savings deposits
or time deposits are considered personal, not onpersonal (as long as they are not transferable), and, therefore, should be excluded from total reservable liabilities:
(1) Individual Retirement Accounts (IRA), Keogh
Plan Accounts and accounts held by an
employer as part of an unfunded deferred compensation plan established pursuant to Subtitle
D of the Revenue Act of 1978 (Pub. L. No. 95600; 92 Stat. 2763).
(2) Escrow accounts, such as funds held for tax or
insurance payments, if the depositor is a natural
person.
(3) Trust funds held in the name of a trustee or
other fiduciary, whether or not a natural person,
if the entire beneficial interest is held by natural
persons.

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FR 2910a

June 2013

Worksheet for Preparation of the
Annual Report of Deposits and
Reservable Liabilities
FR 2910a

For All Depository Institutions Other Than Credit Unions

This worksheet is provided to assist reporting institutions in calculating the items to be reported on the Annual
Report of Deposits and Reservable Liabilities (FR 2910a). Reporting institutions are not required to submit this
worksheet to the Federal Reserve Bank. Other methods may be used to compile these data. Please refer to the
FR 2910a instructions for definitions of terms used below.

Transaction Accounts
1 Enter NOW accounts.
2 Enter Demand deposits, including “primary obligations” in the form of demand deposits. (Demand
deposits also include NINOW and POW accounts.)
3 Enter ATS accounts and telephone and preauthorized transfers.
4 Calculate Total transaction accounts: sum lines 1, 2, and 3.
5 Enter Demand balances due from depository institutions in the U.S.
6 Enter Cash items in process of collection.
7 Calculate Net transaction accounts: line 4 minus the sum of lines 5 and 6. Enter line 7 on Item 2.a of
the FR 2910a reporting form.(Net transaction accounts may be negative.)
Savings Deposits
8 Enter Total savings deposits, including “primary obligations” in the form of savings deposits.
Include accounts commonly known as passbook savings accounts, statement savings accounts,
MMDAs, club accounts, IRAs, and other balances held in the form of savings deposits.
9 Enter the amount of Nonpersonal savings deposits included on line 8.1
Time Deposits
10 Enter Total time deposits, including “primary obligations” in the form of time deposits. Include
share certificates, club accounts, IRAs, and other balances held in the form of time deposits.
11 Enter the amount of Time deposits with balances of $100,000 or more included in line 10.
12 Calculate Small time deposits: line 10 minus line 11.
13 Enter the amount of Nonpersonal time deposits included on line 10.1
Calculate FR 2910a Items 1 and 2
14 Calculate Total transaction accounts, savings deposits, and small time deposits: sum lines 4, 8, and 12.
Enter line 14 on Item 1 of the FR 2910a reporting form.
15 Calculate Reservable Liabilities: sum lines 7, 9, and 13. Enter line 15 on Item 2 of the FR 2910a reporting form. (Reservable liabilities may be negative.)
1

Nonpersonal deposits are deposits that are transferable or in which any beneficial interest is held by a depositor other than a natural person.

WKS-1
FR 2910a

June 2013

Worksheet

For Credit Unions
This worksheet is provided to assist reporting institutions in calculating the items to be reported on the Annual
Report of Deposits and Reservable Liabilities (FR 2910a). Reporting institutions are not required to submit this
worksheet to the Federal Reserve Bank. Other methods may be used to compile these data. Please refer to the
FR 2910a instructions for definitions of terms used below.

Transaction Accounts
1 Enter Share draft accounts.
2 Enter Demand deposits, including “primary obligations” in the form of demand deposits. (Demand
deposits also include POW accounts.)
3 Enter ATS accounts and telephone and preauthorized transfers.
4 Calculate Total transaction accounts: sum lines 1, 2, and 3.
5 Enter Demand balances due from depository institutions in the U.S.
6 Enter Cash items in process of collection.
7 Calculate Net transaction accounts: line 4 minus the sum of lines 5 and 6. Enter line 7 on Item 2.a of
the FR 2910a reporting form.(Net transaction accounts may be negative.)
Savings Deposits
8 Enter Total savings deposits, including “primary obligations” in the form of savings deposits.
Include regular share accounts, MMDAs, club accounts, IRAs, and other balances held in the form
of savings deposits.
9 Enter the amount of Nonpersonal savings deposits included on line 8.1
Time Deposits
10 Enter Total time deposits, including “primary obligations” in the form of time deposits. Include
share certificates, club accounts, IRAs, and other balances held in the form of time deposits.
11 Enter the amount of Time deposits with balances of $100,000 or more included in line 10.
12 Calculate Small time deposits: line 10 minus line 11.
13 Enter the amount of Nonpersonal time deposits included on line 10.1
Calculate FR 2910a Items 1 and 2
14 Calculate Total transaction accounts, savings deposits, and small time deposits: sum lines 4, 8, and 12.
Enter line 14 on Item 1 of the FR 2910a reporting form.
15 Calculate Reservable Liabilities: sum lines 7, 9, and 13. Enter line 15 on Item 2 of the FR 2910a reporting form. (Reservable liabilities may be negative.)
1

Nonpersonal deposits are deposits that are transferable or in which any beneficial interest is held by a depositor other than a natural person.

WKS-2
June 2013

FR 2910a