Investment Edge and agreement corporations (Annual)

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Board of Governors of the Federal Reserve System

Instructions for Preparation of

Consolidated Report of Condition and
Income for Edge and Agreement Corporations
Reporting Form FR 2886b
Effective March 2008

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Contents for
FR2886B Instructions

GENERAL INSTRUCTIONS FOR PREPARATION OF THE CONSOLIDATED REPORT
OF CONDITION AND INCOME FOR EDGE AND AGREEMENT CORPORATIONS
Reporting Basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-1
Submission Date and Reporting Frequency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-1
Signatures and Attestation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-2
Currency in which Report is Prepared . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-2
Clarity, Completeness, and Amounts Reported . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-2
Additional Forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-3
Confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-3
DETAILED INSTRUCTIONS FOR INDIVIDUAL BALANCE SHEET ITEMS
Banking vs. Nonbanking Designation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
GEN-3
SCHEDULES
Schedule RI—Income Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RI-1
Schedule RI-A—Changes in Equity Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RI-A-1
Schedule RI-B—Changes in Allowance for Loan and Lease Losses . . . . . . . . . . . . . . . . . . . . . . .
RI-B-1
Schedule RC—Balance Sheet
Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-1
Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-4
Equity Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-5
Memorandum . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-6
Schedule RC-A—Cash and Balances Due from Depository Institutions . . . . . . . . . . . . . . . . . . .
RC-A-1
Schedule RC-B—Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-B-1
Schedule RC-C—Loans and Lease Financing Receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-C-1
Schedule RC-D—Trading Assets and Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-D-1
Schedule RC-E—Deposit Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-E-1
Schedule RC-K—Quarterly Averages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-K-1
Schedule RC-L—Derivatives and Off-Balance-Sheet Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-L-1
Schedule RC-M—Claims on and Liabilities to Related Organizations . . . . . . . . . . . . . . . . . . . . .
RC-M-1
Schedule RC-N—Past Due and Nonaccrual Loans, Leases and Other Assets . . . . . . . . . . . . . .
RC-N-1
Schedule RC-R—Regulatory Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
RC-R-1
FR 2886b
Contents September 2011

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Contents

Schedule RC-V—Branch Schedule of Selected Items Non-Consolidated . . . . . . . . . . . . . . . . . .

RC-V-1

DEFINITIONS
Acceptances Executed by the Reporting Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Participations in Acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Acceptances Owned by the Reporting Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Addressees (Domicile) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Annuity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial Banks in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Excess Balance Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Federal Funds Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Immediately Available Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
One-day Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Continuing Contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mutual Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Offsetting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reciprocal Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Related Organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Sale of Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Syndications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Participations other than Syndications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pass-through Reserve Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

DEF-1
DEF-1
DEF-2
DEF-2
DEF-2
DEF-2
DEF-3
DEF-3
DEF-3
DEF-3
DEF-3
DEF-3
DEF-3
DEF-3
DEF-4
DEF-4
DEF-4
DEF-5
DEF-5
DEF-5
DEF-5
DEF-6

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Contents

FR 2886b
September 2011

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INSTRUCTIONS FOR PREPARATION OF

The Consolidated Reports
of Condition and Income
for Edge and Agreement Corporations
FR 2886b

General Instructions
The FR 2886b report must be filed by each Edge and
agreement corporation organized under Section 25 or
25(a) of the Federal Reserve Act. All information should
reflect the consolidation of all branches, and underlying
subsidiary companies.

Inactive corporations should report only if the corporation has engaged in some business activity at one time.
Corporations, such as a name saver organizations, that
have never engaged in any business activity should not
report.

Submission Date and Reporting Frequency
Reporting Basis
As noted above, the report should cover the consolidated
operations of the reporting corporation, including:
(1) the reporting corporation’s head office;
(2) any branch offices of the reporting corporation;
(3) any International Banking Facility (IBF) established
by the reporting corporation at the head office and at
any branch offices;
(4) all majority-owned foreign banks held directly by the
reporting corporation pursuant to Section 25(a) of the
Federal Reserve Act;
(5) all majority-owned subsidiaries of the reporting corporation that are significant, EXCEPT subsidiary
Edge or agreement corporations;
(6) all nonsignificant majority-owned subsidiaries that
the bank has elected to consolidate on a consistent
basis.
Where this report collects information on a branch office
separately, such information should include balances of
an IBF of only that branch office. Assets and liabilities
may be reported on a net basis in this report whenever the
reporting organization has a ‘‘right of setoff.’’ See the
entry for Offsetting in the Definitions section for further
information. Also see the FFIEC 031 General Instructions for further information on consolidation, accrual
basis reporting, and generally accepted accounting
principles.
FR 2886b
General Instructions March 2009

An Edge or agreement corporation must file the FR 2886b
report quarterly if total consolidated assets of the corporation exceed $50 million. An Edge or agreement corporation with total consolidated assets of $50 million or less
must file the FR 2886b report annually as of December
31.
If an Edge or agreement corporation meets the criteria
above to file quarterly as of June 30 of the preceding year,
the corporation must file the FR 2886b quarterly beginning in March of the current year. In addition, if the
corporation meets the quarterly criteria due to a business
combination, then it must report the FR 2886b quarterly
beginning with the first quarterly report date following
the effective date of the business combination. Once a
corporation begins filing the FR 2886b quarterly, it
should file a complete FR 2886b quarterly report going
forward. If the Edge or agreement corporation does not
meet the quarterly filing criteria for four consecutive
quarters, then the corporation may revert to annual filing.
Edge and agreement corporations that do not meet the
quarterly filing threshold may be requested to file quarterly if the Federal Reserve Bank has determined that
these corporations have significant risk exposures.
The term ‘‘submission date’’ is defined as the date by
which an Edge corporation’s completed original report
must be received by the district Federal Reserve Bank.
An official copy (non-facsimile) of the FR 2886b consisting of the balance sheet, memorandum item, and all
schedules for domestic and foreign offices of banking and
nonbanking Edges should reach the Federal Reserve
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General Instructions

Bank of the District in which the reporting office is
domiciled, no later than 30 calendar days after the close
of business of the last calendar day of the quarter or
year-end date for annual filers (subject to the timely filing
provisions set forth in the following paragraph).
The filing of an Edge corporation’s completed original
report will be considered timely, regardless of when the
reports are received by the district Reserve Bank, if these
reports are mailed first class and postmarked no later than
the third calendar day preceding the submission deadline.
In the absence of a postmark, a corporation whose
completed original report is received late may be called
upon to provide proof of timely mailing. A ‘‘Certificate
of Mailing’’ (U.S. Postal Service Form 3817) may be
used to provide such proof. If an overnight delivery
service is used, entry of the completed original report into
the delivery system on the day before the submission
deadline will constitute timely submission. In addition,
the hand delivery of the completed original reports, on or
before the submission deadline, to the location to which
the report would otherwise be mailed is an acceptable
alternative to mailing such reports. Corporations that are
unable to obtain the required directors’ signatures on
their completed original reports in sufficient time to file
these reports so that they are received by the submission
deadline may contact the district Reserve Bank to which
they mail their original reports to arrange for the timely
submission of their report data and the subsequent filing
of their signed reports.
15-day extension. A respondent may take an additional
15 calendar days to submit its completed report. Such
banks are urged to use the additional time only if
absolutely necessary and to make every effort to report as
soon as possible, preferably within the 30-day submission period.

Signatures and Attestation
The original of the report shall be manually signed on the
cover sheet of the submitted report, in the manner
indicated on the cover sheet, by a duly authorized officer
of the reporting institution. By signing the cover page of
this report, the authorized officer acknowledges that any
knowing and willful misrepresentation or omission of a
material fact on this report constitutes fraud in the
inducement and may subject the officer to legal sanctions
provided by 18 USC 1001 and 1007. Signatures need not
be notarized. All copies shall bear the same signatures as
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on the original, but these signatures may be facsimiles or
photocopies.

Currency in Which Report is Prepared
All items in the report should be expressed in United
States dollars. Assets or liabilities payable in foreign
currencies should be converted into dollars at the exchange
rate prevailing on the report date.

Clarity, Completeness and Amounts
Reported
Reports should be clearly and distinctly typewritten, and
care should be exercised that each copy is clearly legible
and conforms with the printed lines on the form. Computer printouts are also acceptable, provided that they
are identical in format and detail to the reporting form,
including all items and column captions. All dollar
amounts should be rounded to the nearest thousands with
the total asset figure based on unrounded numbers, then
rounded. Item captions in the report should in no way
be amended, nor should additional items be added. An
amount or the word ‘‘none’’ should be entered for every
item on the report. Except for the items listed below,
negative entries are not appropriate on the report form
and shall not be reported. Hence, assets with credit
balances must be reported in liability items and liabilities with debit balances must be reported in asset items,
as appropriate, and in accordance with these instructions.
Negative amounts that are permitted should be enclosed
in parentheses. The items for which negative entries may
be made, if appropriate, are:
(1) Schedule RC, Item 23, ‘‘Retained earnings,’’
(2) Schedule RC, Item 24, ‘‘Accumulated other comprehensive income,’’
(3) Schedule RC, Item 25, ‘‘Other equity capital components,’’
(4) Schedule RC, Item 26, ‘‘Total equity capital,’’ and
(5) Schedule RC-R, Item 4, ‘‘Total qualifying capital
(i.e., Tier 1 and Tier 2 capital) allowable under the
risk-based capital guidelines.’’
On Schedule RI, Income and Expenses, and on Schedule RI-A, Changes in Equity Capital, negative entries
may appear as appropriate. Income items with a debit
balance and expense items with a credit balance must be
reported in parentheses.
FR 2886b
General Instructions March 2011

DRAFT
General Instructions

Additional Forms
Copies of the FR 2886b form can be obtained from the
Federal Reserve Bank in the Federal Reserve District in
which the reporting institution is located, or may be
found on the Federal Reserve Board’s public website
(www.federalreserve.gov).

Confidentiality
The Federal Reserve System regards as confidential
the following portions of this report: for respondents
engaged in banking, Schedules RC-M (except item 3)
and RC-V; for respondents not engaged in banking,
Schedule RC-M (except item 3). If it should be determined subsequently that any confidential information
collected on this form must be released, respondents will
be notified.

Detailed Instructions
Some items on the balance sheet are also reported on
supporting schedules. Detailed instructions for those
items are found in those schedules. The content of items
on the balance sheet should be identical to the content of
the same items on the supporting schedules even though
submission of the schedules may not be required. See the
General Instructions to determine whether the supporting
schedules are required.
This report and accompanying instructions have been
designed to generally conform with the form and instructions to the Consolidated Reports of Condition and
Income (FFIEC 031) that U.S. banks prepare quarterly
and submit to their U.S. regulatory agencies. Unless
expressly stated otherwise, the definitions and procedures

FR 2886b
General Instructions September 2011

used to determine individual items in this report should
conform with those used to prepare the FFIEC 031
report. In some instances, where an FR 2886b item is
identical to an item reported on the FFIEC 031, only a
reference to the corresponding item(s) in the FFIEC 031
instructions is contained in brackets. For purposes of
these line item instructions, the FASB Accounting Standards Codification is referred to as ‘‘ASC.’’ Both the
reporting office totals and the IBF-only columns must be
completed if the office has IBF balances.

Banking vs. Nonbanking Designation
All respondents must designate whether their corporation
is a banking or nonbanking type in the box on the front
page of the report form. A corporation is considered to be
‘‘engaged in banking’’ if it is ordinarily engaged in the
business of accepting deposits in the U.S. from nonrelated organizations, whether directly or through its branch
offices.
Reporting Requirements by Type
Banking

Nonbanking

Schedules RI,
RI-A, RI-B

Schedules RI,
RI-A, RI-B

Schedule RC:
Balance Sheet

Schedule RC:
Balance Sheet

Memorandum to
Balance Sheet

Memorandum to
Balance Sheet

Schedules RC-A,
through RC-V

Schedules RC-L,
RC-M, RC-N

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LINE ITEM INSTRUCTIONS FOR

Income and Expenses
Schedule RI

General Instructions
This schedule must be completed by all Edge corporations and all agreement corporations.
The schedule is structured to highlight net interest and
noninterest income and to separate revenues and expenses
of transactions with related organizations from those of
nonrelated organizations for the calendar year-to-date.
The sections of the schedule that deal with nonrelated
organizations should reflect the full contribution of the
reporting corporation to the revenues and expenses of the
corporation’s parent U.S. bank (if applicable). See the
definition of the term ‘‘related organizations’’ in the
Definitions section.

Line Item Instructions
Line Item 1

Interest income:

Line Item 1(a) Interest and fee income from
nonrelated organizations:
Line Item 1(a)(1) Interest and fees on loans and
lease financing receivables.
Enter the total income from interest and fees on all assets
of the types and classes described in the instructions for
Schedule RC-C and included in Schedule RC, Item 4,
less rebates made on loans paid prior to maturity and less
amortization of any premium paid when the asset was
acquired. Profits or losses resulting from the sale of such
assets at a price different from the cost of acquisition
should be added to or deducted from this figure, as
appropriate. Include gross revenue from loan commitment fees, and all yield-related fees on loans held by the
reporting organization. Also include premiums received
or discounts paid on foreign exchange contracts related to
financial swap transactions involving loans. Such gains
or losses are known at the inception of the contract and
should be amortized over the life of the contract. Exclude
fees that are not yield-related, such as syndication fees
FR 2886b
Income Statement

March 2008

applicable to loans which are not assets of the corporation. These fees should be reported in Item 5(a)(5),
‘‘Other commissions, fees, etc.’’
When yield-related fees are collected in connection with
a loan syndication or participation and passed through to
another lender, only the reporting corporation’s proportional share of such fees should be reported in this item.
Do not include reimbursement for out-of-pocket expenditures made by the corporation for the account of its
customers. If the corporation’s expense accounts were
charged with the amount of such expenditures, the reimbursements should be credited to the same expense
accounts.
Line Item 1(a)(2) Interest on balances due from
depository institutions.
Report the amount of interest income received or accrued
year-to-date on the types and classes of assets shown in
Schedule RC, Item 1, ‘‘Cash and balances due from
depository institutions,’’ and detailed in Schedule RC-A.
Include premiums received or discounts paid on foreign
exchange contracts related to financial swap transactions
involving interest-bearing balances due from depository
institutions. Such gains or losses are known at the
inception of the contract and should be amortized over
the life of the contract.
Line Item 1(a)(3) Interest income from federal
funds sold and securities purchased under
agreements to resell.
Include in this item gross revenue from federal funds
sold, securities purchased under agreements to resell, and
purchases of participation in pools of securities that are
reported in Schedule RC, Item 3, ‘‘Federal funds sold and
securities purchased under agreements to resell.’’ Income
from loans purchased under resale agreements should be
reported in Item 1(a)(1) above.
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Income Statement

Line Item 1(a)(4) Interest on bonds, notes, and
debentures and dividends on stock.
Report all interest income arising from debt securities, including bills, certificates of indebtedness, notes,
or bonds issued by any private or governmental
organization of the type of assets included in Schedule
RC, Item 2, ‘‘Securities.’’ Report all dividend income
received from holdings of corporate stock in nonrelated
companies. Exclude dividends received on equity securities carried in trading accounts.
Line Item 1(a)(5) Interest income and dividends
from assets held in trading accounts.
Report all interest income arising from debt securities,
including bills, certificates or indebtedness, notes, or
bonds issued by any private or governmental organization of the type of assets reported as trading assets,
including loans, in Schedule RC, Item 5, ‘‘Trading
assets.’’ Include accretion of discounts on assets held in
trading accounts that have been issued on a discount
basis, such as U.S. Treasury bills and commercial paper.
Include dividends received on equity securities carried in
trading accounts.
Line Item 1(b) Interest income from claims on
related organizations.
Report all interest income related to claims on related
organizations of the type included in Schedule RC,
Item 10, including dividends received on investments in
such companies. Exclude any noninterest income and
income from undistributed earnings of related organizations, which should be reported in Item 5(b) below.
Line Item 1(c)

Total interest income.

Enter the sum of Items 1(a)(1) through 1(b).
Line Item 2

Interest expense:

Line Item 2(a) Interest expense pertaining to
nonrelated organizations:
Enter the interest paid or accrued on the types and classes
of liabilities included in Schedule RC, Item 12(b), ‘‘Total
interest-bearing deposits.’’ Include premiums paid or
discounts received on foreign exchange contracts related
to financial swap transactions that involve deposits. Such
gains or losses are known at the inception of the contract
and should be amortized over the life of the contract.
Also report the interest paid on the types and classes of
RI-2

borrowings included in Schedule RC, Item 15, ‘‘Other
borrowed money.’’ Include interest and discounts on bills
payable and rediscounts, and interest paid on any subordinated notes and debentures.
Line Item 2(b) Interest expense pertaining to
related organizations.
Report all interest expenses paid or due to related organizations of the type included in Schedule RC, Item 20. See
the definition of related organizations in the Definitions
section.
Line Item 2(c)

Total interest expense.

Enter the sum of Items 2(a) and 2(b).
Line Item 3

Net interest income.

Subtract Item 2(c), ‘‘Total interest expense’’ from
Item 1(c), ‘‘Total interest income.’’ If the amount is
negative, enclose it in parentheses.
Line Item 4

Provisions:

Line Item 4(a)

Provision for loan and lease losses.

Report the amount needed to make the allowance for loan
and lease losses, as reported on Schedule RI-B, Item 3,
Column A, adequate to absorb expected loan and lease
losses, based upon management’s evaluation of the corporation’s current loan and lease portfolio. Enclose negative amounts in parentheses. The amount reported here
may differ from the bad debt expense deduction taken for
federal income tax purposes.
Line Item 4(b)
risk.

Provision for allocated transfer

If the reporting corporation (banking only) has any credit
exposure classified as Value Impaired which requires it to
establish and maintain an allocated transfer risk reserve
as specified in Section 905(a) of the International Lending Supervision Act of 1983, in Subpart D of Federal
Reserve Regulation K, and in any guidelines, letters, or
instructions issued by the Federal Reserve, report in this
item the amount of the provision for allocated transfer
risk. If the reporter has no Value Impaired exposure
which requires it to establish and maintain an allocated
transfer risk reserve, report a zero or the word ‘‘none.’’
Also report this on Schedule RI-B, Item 3, Column B.
FR 2886b
Income Statement September 2011

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Income Statement

Line Item 5

Noninterest income:

Line Item 5(a) Noninterest income from
nonrelated organizations:
Line Item 5(a)(1) Equity in undistributed earnings
of nonrelated organizations.
Report all income from holdings of corporate stock of the
type reported in Schedule RC-B, Item 3, ‘‘Equity interest
in nonrelated organizations.’’
Line Item 5(a)(2) Net gain (loss) on foreign
exchange transactions.
Report the net gain or loss from all foreign exchange
transactions, including the maturing or covering of outstanding forward contracts within the reporting period,
regardless of whether these transactions are conducted
in the trading department or in another department of the
corporation. Also include any net gain or loss resulting
from translating foreign currency denominated investments that arise from the application of ASC Topic 830,
Foreign Currency Matters (formerly FASB Statement
No. 52, Foreign Currency Translation). Include incidental fee income from such transactions. Exclude gains and
losses on swap transactions (report as adjustments to the
income or expense of the related asset or liability) and
any gains or losses that must be excluded in accordance
with ASC Topic 830. If this net amount is a debit
balance, enclose it in parentheses.
Line Item 5(a)(3)

Income from fiduciary activities.

Include gross income from services rendered by this
reporting organization in any fiduciary capacity.
Line Item 5(a)(4) Gains (losses) and fees from
trading assets and liabilities.
Report the net gain or loss from the sale of assets
reportable in Schedule RC, Item 5, ‘‘Trading Assets,’’
and from liabilities reportable in Schedule RC, Item 14,
‘‘Trading Liabilities.’’ Include:
(1) revaluation adjustments to the carrying value of
assets reportable in Schedule RC, Item 5, ‘‘Trading
Assets, and Schedule RC, Item 14, ‘‘Trading
Liabilities,’’ resulting from the periodic marking to
market of such assets and liabilities
FR 2886b
Income Statement

September 2011

(2) revaluation adjustments from the periodic marking to
market of interest rate, foreign exchange, equity
derivative, and commodity and other contracts held
for trading purposes
(3) incidental income and expenses related to the purchase and sale of assets reportable in Schedule RC,
Item 5, and Schedule RC, Item 14.
Line Item 5(a)(5)

Other commissions, fees, etc.

Enter the total of all commissions and fees received from
clients of the reporting corporation for services routinely
or ordinarily performed under the laws of or accepted
practices in the country in which the reporter is domiciled. Such services would include the collection of
checks, notes, and bills of exchange; the receipt of
collections for public utilities and other firms; the sale of
bank drafts; the acceptance of bills of exchange; the
purchase and sale of securities, acceptances, and other
negotiable paper and the negotiation of loans for the
account of customers; the lending of securities owned by
the reporting corporation; the servicing of evidences of
debt owned by others; the provision of data processing
services; and the issuance and handling of letters of
credit. Do not include reimbursed expenditures made by
the reporting corporation on behalf of clients or rentals
received from land or premises leased or subleased to
others by the reporter. Such rentals should be included in
Item 5(a)(6) or netted against the amount shown in
Item 7(a)(2).
Do not include reimbursement for out-of-pocket expenditures made by this reporting corporation for the account
of its customers. If the corporation’s expense accounts
were charged with the amount of such expenditures, the
reimbursements should be credited to the same account.
Line Item 5(a)(6)

Other.

Include in this item all other noninterest income from
nonrelated organizations that cannot properly be included
elsewhere under Item 5(a), including gains and losses
and net income from securities carried in connection with
trading activities, gross rentals received from real estate
other than this reporting organization’s own premises,
regular operating credits such as recoveries on forgeries
and on checks paid over stop-payment orders, and similar
recurring operating transactions. Reporting organizations
should consistently report net gains (losses) from the sale
or other disposal of assets other than securities and
RI-3

DRAFT
Income Statement

trading assets (e.g., loans, premises, other real estate
owned, etc.) either in this item or in Item 7(a)(3), ‘‘Other
noninterest expense.’’ Exclude dividends received from
nonrelated organizations and interest income on securities held in trading accounts, and report them in
Item 1(a)(5), ‘‘Interest Income and Dividends from
Assets Held in Trading Accounts.’’

(2) Charge-offs and write-downs of investment securities
prior to sale, maturity, or redemption because of a
decline in value, judged to be other than temporary,
and subsequent recoveries of amounts charged-off or
written-down (report in Item 7(a)(3), ‘‘Other noninterest expense,’’ and Item 5(a)(6), ‘‘Other noninterest
income,’’ respectively).

Line Item 5(b)
organizations.

(3) Net unrealized losses on marketable equity securities
and subsequent recoveries of such net unrealized
losses (report in Schedule RI-A, Item 6, ‘‘Other
Adjustments’’).

Noninterest income from related

Report all noninterest income from related organizations.
Exclude dividends received from investments in related
organizations, and report in Item 1(b). Include the reporting organization’s share of any undistributed earnings
of affiliated companies. If the organization’s share of
all undistributed earnings of related organizations (in
total) is a net loss or if other income accounts reflect debit
balances, include them as noninterest expenses in
Item 7(b).

Line Item 7

Line Item 5(c)

Line Item 7(a)
organizations:

Total noninterest income.

Enter the sum of Items 5(a)(1) through 5(b). If the result
is negative, enclose it in parentheses.
Line Item 6 Realized gains (losses) on securities
not held in trading accounts.
Report the net gain or loss realized during the reporting
period from the sale, exchange, redemption, or retirement
of all securities (except U.S. Treasury bills), excluding
securities held in trading accounts. The gain or loss is the
difference between the sales price (excluding interest at
the coupon rate accrued since the last interest payment
date, if any) and the book value. Also include: (a) net
unrealized losses (and subsequent recoveries of such net
unrealized losses to the extent provided for through a
valuation allowance) during the calendar year to date on
debt securities held for sale (b) write-downs charged to
expense and provisions for credit losses prior to sale,
redemption, or maturity on all securities not held in
trading accounts, including debt securities held for sale.
If the amount is negative, enclose it in parentheses.
Report the amount gross of tax effect.
Exclude the following:
(1) Gains and losses on the sale of U.S. Treasury bills not
held in trading accounts (report in Item 1(a)(4),
Interest on bonds, notes, and debentures and dividends on stock).
RI-4

(4) Net gains (losses) from the sale of detached securities
coupons and the sale of ex-coupon securities (report
in Item 7(a)(3), ‘‘Other noninterest expense,’’ or
Item 5(a)(6), ‘‘Other noninterest income,’’ as
appropriate).
Noninterest expense:
Pertaining to nonrelated

Line Item 7(a)(1)

Salaries and employee benefits.

Include all compensations for personal services of all
officers and employees, including dining room and cafeteria employees, and building department officers and
employees and the cost of temporaries and contract
guards. Include bonuses and extra compensation, unemployment and pension taxes, and contributions to the
reporting organization’s retirement or pension funds or
profit sharing plan.
Exclude amounts paid to legal, management, and investment counsel for professional services, if such counsel
are not salaried officers of the corporation; amounts so
paid should be included in Item 7(a)(3), ‘‘Other noninterest expense.’’
Include all supplementary benefits, paid or accrued during the report period on behalf of all officers and employees, such as life insurance premiums (net of dividends
received) when the reporter is not the beneficiary, and
hospitalization insurance; unemployment taxes, the net
cost to the reporting corporation for employee dining
rooms, restaurants and cafeterias; the cost of medical or
health services; and other so-called fringe benefits for
officers and employees.
Exclude expenses related to the testing, training, and
education of officers and employees; the cost of office
FR 2886b
Income Statement September 2011

DRAFT
Income Statement

temporaries and contracted guards; the cost of the reporter’s newspapers and magazines; premiums on life insurance policies when the reporting corporation is the
beneficiary; athletic activities when the purpose may be
construed to be for internal or public relations, with
incidental employee benefits. These amounts should be
included in Item 7(a)(3), ‘‘Other noninterest expense.’’

Rental income should include all rentals charged for use
of the reporting corporation’s building not incident to the
use of the premises by this reporter. Although this item
ordinarily includes only rental from regular tenants of the
building, it may also include income received from
short-term rentals of other facilities except safe deposit
boxes.

Line Item 7(a)(2) Expenses of premises and fixed
assets (net of rental income). (Exclude salaries and
employee benefits and mortgage interest).

Line Item 7(a)(3)

Report the net expense of office premises occupancy, i.e.,
the difference between gross occupancy expense and
rental income. Include normal and recurring depreciation
or amortization charges applicable to the current period,
whether they represent direct reductions in the carrying
value of the assets, including capital lease assets, or
additions to accumulated depreciation or amortization
accounts; ordinary repairs to the reporter’s premises
(including leasehold improvements), equipment, furniture and fixtures; all current expenses, not included
above, connected with the use of the corporation’s premises, such as the cost of heat, electricity, water, outside
janitor supplies, fire insurance, and similar expenses; all
operating lease rents paid on the corporation’s premises
and parking lot and interest on mortgages, liens or other
encumbrances on the reporter’s premises owned, including the portion of capital lease payments representing
interest expense, but not such expenses incurred on ‘‘real
estate’’ other than the corporation’s premises; and all
property and other taxes, paid or accrued, relating to the
reporter’s premises and leasehold improvements, including deficiency payments, net of all rebates, refunds, or
credits and adjusted for all over or under accruals. Also
include any portion of capital lease payments representing executory costs such as insurance, maintenance, and
taxes.
Include in this item the normal and recurring depreciation
charges on the furniture and fixtures used in the operations of the reporting corporation applicable to the calendar or fiscal year for which the schedule is prepared,
whether representing direct reductions in the carrying
value of the assets or additions to depreciation reserves;
rental costs of machinery and equipment, including servicing costs; the cost of furniture and equipment not
placed on the books as assets (i.e., charged directly to
expenses); and all taxes paid on furniture, fixtures, and
equipment.
FR 2886b
Income Statement

September 2011

Other noninterest expense.

Enter the total of all other noninterest expenses relating
to nonrelated organizations that cannot properly be
included in the figures at line 7(a)(1) or 7(a)(2). This will
include: fees paid to directors and committee members
for attendance at meetings, including travel and expenses
allowance; premiums on fidelity insurance; operating
expenses (except salaries) connected with holding of real
estate other than office premises, including interest paid
on liens and normal or recurring depreciation charges
on such ‘‘other real estate;’’ office supplies purchased;
retainer fees; expenses related to the use of automobiles
for the reporter’s business; losses on counterfeit money,
forged checks, net cash shortages, payment of checks
over stop-payment orders, and similar losses of recurring
nature. Include all taxes not reported against other items,
net losses on the sale of loans (other than acceptances and
commercial paper) or participation, and any securities
charged off prior to sale or redemption, if no securities
reserve exists. Include as all other noninterest expense
net losses from the sale or other disposal of all assets
reported as loans and leases in Schedule C. When
determining whether the corporation has had net losses,
include all gains and losses recognized on sales or other
disposal of loans and leases and net unrealized losses
(and subsequent recoveries of such net unrealized losses)
on loans and leases held for sale during the calendar
year to date. Reporting organizations should consistently
report net losses (gains) from the sale or other disposal of
assets other than securities and trading assets (e.g., loans,
premises, other real estate owned, etc.) either in this item
or in Item 5(a)(6), ‘‘Other noninterest income.’’
Line Item 7(b) Noninterest expense pertaining to
related organizations.
Include all expenses of related organizations that cannot
properly be reported in Item 2(b), ‘‘Interest expense
pertaining to related organizations.’’ Report amounts
that have net credit balances as noninterest income
RI-5

DRAFT
Income Statement
applicable income taxes and
discontinued operations

in Item 5(b), ‘‘Noninterest Income from Related
Organizations.’’
Line Item 7(c)

Total noninterest expense.

Enter the sum of Items 7(a)(1) through 7(b).
Line Item 8 Income (loss) before income taxes and
extraordinary items.
Report the total of Item 3, ‘‘Net interest income,’’
Item 5(c), ‘‘Total noninterest income,’’ and Item 6,
‘‘Realized gains (losses) on Securities not held in trading
accounts,’’ less Item 4(a), ‘‘Provision for loan and lease
losses,’’ Item 4(b), ‘‘Provision for allocated transfer
risk,’’ and Item 7(c), ‘‘Total noninterest expense.’’ If the
result is negative, enclose it in parentheses.
Line Item 9

Applicable income taxes (on Item 8).

Report the total estimated federal, state, local and foreign
income tax expense applicable to Item 8, ‘‘Income (loss)
before income taxes and extraordinary items.’’ Include
both the current and deferred portions of these income
taxes. If the amount is a tax benefit rather than a tax
expense, enclose it in parentheses. income (loss) before
applicable income taxes
Exclude the estimated income taxes applicable
to foreign
and discontinued
currency translation adjustments included in Schedule H,
operations
Item 1(e). Include tax benefits from operating loss carrybacks realized during the reporting period.

Line Item 10
items.

(5) The material effects of any other events or transactions, which are both (a) unusual in nature, and
(b) infrequent in their occurrence.
To be unusual in nature, the underlying event or transaction should be abnormal and significantly different
from the ordinary and typical activities of the reporting
corporation. An event or transaction not reasonably
expected to recur in the foreseeable future is considered
to occur infrequently. Gains or losses from the sale or
other disposal of corporation premises and real estate
other than corporation premises should not be reported
as extraordinary items, as well as branch offices; report
these gains or losses in Items 5(a)(6) or 7(a)(3), respectively. If the amount is negative, enclose it in parentheses.
Line Item 12

Discontinued operations.

of applicable income taxes

Extraordinary items, net of tax

(1) Realized tax benefits of operating loss carryforwards
(other than realized loss carryforward benefits of
purchased subsidiaries which should be treated as an
adjustment of the purchase price);
(2) Material net gains or losses from disposal of significant assets within two years after a pooling of
interests business combination;
Report the results of discontinued operations, if any, net of
applicable income taxes, as determined in accordance with the
provisions of ASC Subtopic 205-20, Presentation of Financial
Statements – Discontinued Operations (formerly FASB Statement
No. 144, “Accounting for the Impairment of Long-Lived Assets”). If
the amount reported in this item is a net loss, report it with a minus
(-) sign.

Net income (loss).

"income (loss) before
discontinued operations".

This item represents the total of Item 10, ‘‘Income before
extraordinary items,’’ plus or minus Item 11, ‘‘Extraordinary items, net of tax effect.’’ If the amount is negative,
enclose it in parentheses. Also report this on Schedule RI-A, Item 2. discontinued operations, net of
applicable income taxes

Report all extraordinary items less the estimated tax
provision applicable to the item. Include the following
items:

RI-6

(4) Material aggregate gains from restructuring of
troubled debt payables (see ASC Subtopic 470-60,
Debt – Troubled Debt Restructurings by Debtors
(formerly FASB Statement No. 15, Accounting by
Debtors and Creditors for Troubled Debt Restructurings) for information as to how a debtor organization
should account for a troubled debt restructuring); and

Income (loss) before extraordinary

Enter the amount shown in Item 8, plus or minus the
amount shown in Item 9. If the amount is a loss, enclose
Discontinued operations, net
it in parentheses.
Line Item 11
effect.

(3) Material aggregate gains or losses from extinguishment of debt unrelated to sinking fund requirements (see ASC Subtopic 405-20, Liabilities – Extinguishments of Liabilities (formerly FASB Statement
No. 140, Accounting for Transfers and Servicing of
Financial Assets and Extinguishments of Liabilities)
for detailed information);

Memorandum to Income Statement:
Memorandum item 1 is to be completed by all Edge
and agreement corporations that have elected to
account for financial instruments or servicing assets
and liabilities at fair value under a fair value option.
Memoranda item 1 is to be completed by all Edge and
agreement corporations that have adopted ASC Topic
820, Fair Value Measurements and Disclosures (formerly
FASB Statement No. 157, Fair Value Measurements),
and have elected to report certain assets and liabilities at

Also include the tax benefit of an operating loss carryforward or
carryback for which the source of the income or loss in the current
year is reported in RI item 8 "Income(loss) before applicable
income taxes and discontinued operations."

FR 2886b
Income Statement September 2011

March 2018

DRAFT
Income Statement

fair value with changes in fair value recognized in
earnings in accordance with U.S. generally accepted
accounting principles (GAAP) (i.e., ASC Subtopic 82510, Financial Instruments – Overall (formerly FASB
Statement No. 159, The Fair Value Option for Financial
Assets and Financial Liabilities); ASC Subtopic 815-15,
Derivatives and Hedging – Embedded Derivatives (formerly FASB Statement No. 155, Accounting for Certain
Hybrid Financial Instruments); and ASC Subtopic 86050, Transfers and Servicing – Servicing Assets and
Liabilities (formerly FASB Statement No. 156, Accounting for Servicing of Financial Assets)). This election is
generally referred to as the fair value option.
If the Edge or agreement corporation has elected to apply
the fair value option to interest-bearing financial assets
and liabilities, it should report the interest income on
these financial assets (except any that are in nonaccrual
status) and the interest expense on these financial liabilities for the year-to-date in the appropriate interest income
and interest expense items on Schedule RI, not as part of
the reported change in fair value of these assets and
liabilities for the year-to-date. The Edge or agreement
corporation should measure the interest income or interest expense on a financial asset or liability to which the
fair value option has been applied using either the
contractual interest rate on the asset or liability or the
effective yield method based on the amount at which the
asset or liability was first recognized on the balance
sheet. Although the use of the contractual interest rate is
an acceptable method under GAAP, when a financial
asset or liability has a significant premium or discount
upon initial recognition, the measurement of interest
income or interest expense under the effective yield
method more accurately portrays the economic substance
of the transaction. In addition, in some cases, GAAP
requires a particular method of interest income recognition when the fair value option is elected. For example,
when the fair value option has been applied to a beneficial interest in securitized financial assets within the

FR 2886b
Income Statement

September 2011

scope of ASC Subtopic 325-40, Investments-Other –
Beneficial Interests in Securitized Financial Assets (formerly Emerging Issues Task Force Issue No. 99-20,
Recognition of Interest Income and Impairment on Purchased and Retained Beneficial Interests in Securitized
Financial Assets), interest income should be measured in
accordance with the consensus in this Subtopic. Similarly, when the fair value option has been applied to a
purchased impaired loan or debt security accounted for
under ASC Subtopic 310-30, Receivables – Loans and
Debt Securities Acquired with Deteriorated Credit Quality (formerly AICPA Statement of Position 03-3, Accounting for Certain Loans or Debt Securities Acquired in a
Transfer), interest income on the loan or debt security
should be measured in accordance with this Subtopic
when accrual of income is appropriate.
Revaluation adjustments, excluding amounts reported as
interest income and interest expense, to the carrying
value of all assets and liabilities reported in Schedule RC
at fair value under a fair value option (excluding servicing assets and liabilities reported in Schedule RC, item 8,
“Other assets,” and Schedule RC, item 18, “Other liabilities,” respectively, and trading assets and trading liabilities reported in Schedule RC, item 5, ‘‘Trading assets,’’
and Schedule RC, item 14, ‘‘Trading liabilities,’’ respectively) resulting from the periodic marking of such assets
and liabilities to fair value should be reported as ‘‘Noninterest income: Other’’ in Schedule RI, item 5(a)(6).
Line item M1 Net change in fair values of financial
instruments accounted for under a fair value option.
Report the net change in fair values of all financial
instruments that the Edge or agreement corporation has
elected to account for under the fair value option that is
included in items 5(a)(4), ‘‘Noninterest income: Gains
(losses) and fees from trading assets and liabilities,’’
5(a)(5), ‘‘Noninterest income: Other commissions, fees,
etc.,’’ 5(a)(6), ‘‘Noninterest income: Other,’’ and 5(b),
‘‘From related organizations.’’

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DRAFT
LINE ITEM INSTRUCTIONS FOR

Changes in Equity Capital
Schedule RI-A

General Instructions

Line Item 5

This schedule must be completed by all Edge corporations and all agreement corporations.

Report the other comprehensive income for the calendar
year-to-date. If the amount to be reported represents a
reduction to equity capital, enclose it in parentheses.

Line Item Instructions

Other comprehensive income includes:

Total Equity capital:

(1) The change during the calendar year-to-date in net
unrealized holding gains (losses) on available-forsale securities.

Line Item 1 Balance most recently reported for
end of previous calendar year.
Enter the ending balance most recently reported as of the
previous year-end for total equity capital. The amount
must reflect the effect of all corrections and adjustment to
total equity capital that were made in any amended
report(s) for the previous calendar year-end.
Line Item 2

Net income (loss).

Enter the amount reported on Schedule RI, Item 12, ‘‘Net
income (loss).’’
Line Item 3 Sale, conversion, acquisition, or
retirement of capital stock, net.
Enter the net effect on total equity capital of any changes
in the capital account resulting from the sale of preferred
or common stock, exercise of stock options, conversion
of convertible debt or preferred stock into common stock,
redemption of preferred stock, retirement of capital stock
and any other capital stock transactions not relating to
business combinations and stock dividends.
Line Item 4

Less: Cash dividends declared.

Enter the amount of all cash dividends declared during
the reporting period, including dividends on preferred
stock, if any. Dividends declared but not yet paid should
be included in Schedule RC, Item 18, ‘‘Other liabilities.’’

FR 2886b
Schedule RI-A

September 2011

Other comprehensive income.

(2) The change during the calendar year-to-date in accumulated net gains (losses) on cash flow hedges.
(3) The increase or decrease during the calendar year-todate in cumulative foreign currency translation adjustments and qualifying foreign currency transaction
gains and losses, net of applicable income taxes, if
any. Refer to the FFIEC 031 Glossary entry for
‘‘foreign currency transactions and translation’’ for
further information on accounting for foreign currency translation.
(4) The change during the calendar year-to-date in any
minimum pension liability adjustment recognized in
accordance with ASC Topic 715, CompensationRetirement Benefits (formerly FASB Statement
No. 87, Employers’ Accounting for Pensions).
Line Item 6

Other adjustments.

Report any changes in the capital accounts resulting from
capital stock transactions not reflected on other items of
this schedule. This item should include the net changes
incident to mergers and absorptions, or the conversion of
previously separate corporations into branches.
Line Item 7

Balance at the end of period.

Enter the total of Items 1 through 6. This total amount
must equal the amount reported in Schedule RC, Item 26,
‘‘Total equity capital.’’

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DRAFT
LINE ITEM INSTRUCTIONS FOR

Changes in Allowance
for Loan and Lease Losses
Schedule RI-B

General Instructions
This schedule must be completed by all Edge corporations and all agreement corporations.

Line Item Instructions
Allowance for loan and lease losses: This part has
two columns.
Report in column A the reconcilement of the allowance
for loan and lease losses, Schedule RC, Item 4(b). Those
banking corporations which have Value Impaired exposures that require it to establish and maintain an allocated
transfer risk reserve, as specified in Section 905(a) of the
International Lending Supervision Act of 1983, in Subpart D of Federal Reserve Regulation K, and in any
guidelines, letters, or instructions issued by the Federal
Reserve, must report the reconcilement of this reserve in
column B. Corporations which have no Value Impaired
exposures that require them to establish and maintain an
allocated transfer risk reserve shall report zeros or the
word ‘‘none’’ in column B.
All changes in the allowance accounts are to be reported
on a year-to-date basis. When the reporting corporation
maintains an allowance for possible loan losses or an
allocated transfer risk reserve, all related transactions are
to be reported and reconciled, beginning with the balance
reported at the end of the previous year, to the balances
shown in Schedule RC, Items 4(b) or 4(c) as of the end of
the current period. The corresponding provision expenses
reported herein should correspond to the amounts reported in Item 4 of Schedule RI. Transactions pertaining
to reserves carried in capital accounts, such as reserves
for contingencies which represent a segregation of undivided profits, are not to be reported here. Corporations
which do not maintain an allowance for loan and lease
losses should report gross recoveries and gross chargeoffs on loans and leases and the amount of provision for
such losses reported in Item 4 of Schedule RI against the
FR 2886b
Schedule RI-B

March 2008

appropriate items below. The amount of difference
between gross charge-offs and gross recoveries reported
herein should reconcile to the amount of provision for
loan and lease losses reported in Schedule RI, Item 4.
The beginning and ending balances reported in Schedule
RI-B by these corporations should be zero.
Line Item 1 Balance most recently reported for
end of previous calendar year.
Include the ending balances most recently reported for
the prior year-end in the two allowance accounts. The
amount must reflect the effect of all corrections and
adjustment to the allowance for loan and lease losses that
were made in any amended report(s) for the previous
calendar year-end.
Line Item 2

Recoveries.

Include recoveries of amounts previously charged off
against the two allowance accounts.
Line Item 3

Provisions.

This item corresponds with provisions, Items 4(a) and
4(b) of Schedule RI. If either amount is negative, enclose
it in parentheses.
Line Item 4

Adjustments, net.

Report the net cumulative effect of all corrections and
adjustments made in any amended report(s) to the amount
originally reported as the ending balance of the allowances in this report for the previous year-end period.
Such adjustments would include changes to the reserves
caused by mergers or acquisitions and any transfers
between the two reserves authorized by Subpart D of
Federal Reserve Regulation K and any related guidelines,
letters, or instructions issued by the Federal Reserve.
RI-B-1

DRAFT
Schedule RI-B

Line Item 5 Less: charge-offs.
Enter in the appropriate column the amount of gross
charge-offs on loans and leases and for transfer risk
purposes during the period.

column A should agree with the balance reported in
Schedule RC, Item 4(b).

Line Item 6 Balance at end of current period.
Enter the totals for each column of Item 2(a) plus or
minus Items 2(b) through 2(e). The amount shown in

RI-B-2

Schedule RI-B

FR 2886b
March 2008

DRAFT
LINE ITEM INSTRUCTIONS FOR

Balance Sheet for
Edge and Agreement Corporations
Schedule RC

Assets

Line Item 1(b)

Detailed definitions of certain asset items will be found in
the instructions pertaining to the schedules referred to
under those items. Items 1 through 9 should exclude any
transactions with related organizations. Such transactions
should be reported gross and reported in either Item 10
or 20.

Report the total of all interest-bearing balances due from
depository institutions and foreign central banks that are
held in offices of the corporation or its consolidated
subsidiaries. Include balances due from Federal Reserve
Banks (including reserve, excess, and clearing balances),
commercial banks in the U.S., other depository institutions in the U.S., Federal Home Loan Banks, banks in
foreign countries, and foreign central banks. Include the
fair value of interest-bearing balances due from depository institutions that are accounted for at fair value under
a fair value option.

Line Item 1 Cash and balances due from
depository institutions.
Report the amount of currency and coin, cash items in
process of collection and balances with depository institutions and central banks, (Schedule RC-A, Item 5).
Refer to the instructions for Schedule RC-A for further
guidance.
Line Item 1(a) Noninterest-bearing balances and
currency and coin.
Report the total of all noninterest-bearing balances due
from depository institutions, currency and coin, cash
items in process of collection, and unposted debits. For
purposes of this report, the consolidated corporation’s
overdrafts on deposit accounts it holds with other depository institutions that are not consolidated on the reporting
corporation’s FR 2886b (i.e., its ′′due from’’ accounts)
are to be reported as borrowings in Schedule RC, item
15, except overdrafts arising in connection with checks
or drafts drawn by subsidiary depository institutions of
the reporting corporation and drawn on, or payable at or
through, another depository institution either on a zerobalance account or on an account that is not routinely
maintained with sufficient balances to cover checks or
drafts drawn in the normal course of business during the
period until the amount of the checks or drafts is remitted
to the other depository institution (in which case, report
the funds received or held in connection with such checks
or drafts as deposits in Schedule RC-E until the funds are
remitted).
FR 2886b
Schedule RC

September 2011

Interest-bearing balances.

Line Item 2 Securities (as reported in
Schedule RC-B, sum of item 4, columns A and D).
Report the total carrying value of the reporting organization’s holdings of debt and equity securities, excluding
those that are held for trading purposes. Debt securities
that are classified as held-to-maturity should be reported
at amortized cost. Debt securities and equity securities
that are classified as available-for-sale should be reported
at fair value. IBFs should report the total carrying value
of the reporting organization’s holdings of obligations of
states and political subdivisions, obligations of business
corporations, international organizations, and all other
securities evidencing debt. Refer to the instructions for
Schedule RC-B for further guidance.
Line Item 3 Federal funds sold and securities
purchased under agreements to resell.
Domestic offices and IBFs should include the following
in this item:
(1) All transactions involving the disposal of immediately available funds for one business day or undercontinuing contract (defined below) regardless of the
nature of the transaction or the collateral involved;
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Schedule RC

(2) Other security resale agreements that mature in more
than one business day, other than securities purchased under resale (reverse purchase) agreements to
maturity; and
(3) Purchases of participation in pools of securities that
mature in more than one business day.
Exclude the following:
(1) Due bills purchased and similar instruments, whether
collateralized or uncollateralized (to be treated as a
loan and reported in the appropriate item of Schedule RC-C);
(2) Sales of so-called ‘‘term federal funds’’ (i.e., sales of
immediately available funds with a maturity of more
than one business day), other than the security resale
agreements specified above (to be reported in
Item 4(a));
(3) Securities purchased under agreements to resell by
foreign branches of the reporting corporation and
‘‘Federal funds sold’’ by the corporation’s foreign
branches to banks in the U.S. (to be reported in
Schedule RC-C); and
(4) So-called yield maintenance dollar repurchase
agreements.
See entry for Federal Funds Transactions in the Definitions section for definitions of various terms that are used
in the above instructions for Asset Item 3.
Line Item 4
net.

Loans and lease financing receivables,

Report in this item all loans, including real estate loans,
commercial and industrial loans, loans to individuals, and
loans to foreign governments and official institutions.
Refer to the instructions for Schedule RC-C for further
guidance.
Line Item 4(a)
income.

Loans and leases, net of unearned

This amount is determined as of the end of each reporting
period when the management of an accrual basis corporation evaluates the collectibility of the portfolio of loans
and lease financing receivables to bring the ‘‘Allowance
for loan and lease losses’’ (‘‘allowance’’), by means of a
charge or credit to the ‘‘Provision for loan and lease
losses’’ (‘‘provision’’), to a level adequate to absorb
anticipated losses. Any recoveries during the reporting
period should be credited to the allowance, and any
charge-offs should be charged to the allowance. Under no
circumstances can loan and lease losses be charged
directly to ‘‘Undivided profits and capital reserves.’’
The ‘‘Allowance for loan and lease losses’’ must never
have a debit balance. If losses charged off exceed the
amount of the allowance, a provision sufficient to restore
the allowance to an adequate level must be charged to
expense on the income statement immediately. A corporation shall not increase the allowance account by transferring an amount from undivided profits or any segregation thereof to the ‘‘Allowance for loan and lease losses.’’
The amount of the loss to be recognized on a loan or
lease includes the difference between the current fair
value of the assets (or fair value less cost to sell for long
lived assets) received in a foreclosure or similar settlement and the carrying value of the loan or lease on the
balance sheet. Such a loss shall be charged to the
allowance at the time of foreclosure or repossession.
After foreclosure, the asset must be carried at the lower of
(1) fair value of the asset minus the estimated costs to sell
the asset, or (2) the cost of the asset (as defined in the
preceding paragraph). Any additional losses in value and
any gain or loss from the sale or disposition of the asset is
not to be reported as a loan or lease loss or recovery and
shall not be debited or credited to the ‘‘Allowance for loan
and lease losses.’’ Such additional declines in value and
the gain or loss from the sale or disposition shall be
reported net on Schedule RI as Item 5(a)(6) ‘‘Other’’ or
Item 7(a)(3), ‘‘Other noninterest expense,’’ as appropriate.

Allowance for loan and lease losses.

A corporation that does not have an allowance (i.e., that
reports on a cash basis and that has not voluntarily
established an allowance) must account for loan and
lease losses on an actual net charge-off basis. The
management of such a corporation must evaluate the
collectibility of the loan portfolio as of the end of each
quarter and charge off all known losses at that time.

Report the amount of allowance for possible losses on
loans and leases, (Schedule RI-B, Item 6, Column A).

To the extent that the bad debt deduction for tax purposes
in any year is greater than or less than the ‘‘Provision for

This item should be reported net of any applicable
allocated transfer risk reserve.
Report the amount from Schedule RC-C, Item 7.
Line Item 4(b)

RC-2

held for investment and held
for sale

Schedule RC

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Schedule RC

loan and lease losses’’ for that year, the difference is
referred to as a timing difference. The tax effect of such a
timing difference shall be accounted for and reported as a
deferred income tax credit or debit component of Item 9,
‘‘Applicable income taxes,’’ in Schedule RI and also
flows through to the net deferred income tax account
which is reported in ‘‘Other liabilities,’’ Item 18, if a
credit balance, or in ‘‘Other assets,’’ Item 8, if a debit
balance. Any difference between the balance of the
‘‘Allowance for loan and lease losses,’’ Item 4(b) and the
balance of the reserve for bad debts for tax purposes can
be eliminated only through subsequent differences
between the tax bad debt deduction and the ‘‘Provision
for loan and lease losses,’’ Item 4(a) in Schedule RI (i.e.,
a reversal of the timing difference). For example, an
income statement provision that exceeds the bad debt
deduction (to be taken for tax purposes for the same year)
by the excess of the balance of the tax bad debt reserve
over the balance of the allowance as of the beginning of
the year, will give rise to an income tax effect that
eliminates the deferred income taxes associated with the
aggregate timing differences from previous years.
Line Item 4(c) Not applicable.
Line Item 4(d) Loans and leases, net of unearned
income and allowance.
held for
Subtract 4(b) from 4(a).

investment and

Line Item 5 Trading assets.
held for sale
Report the value of all assets held in the organization’s
trading accounts. Report all assets and other financial
instruments held in the organization’s trading accounts
consistently at fair value (or, if appropriate, at the lower of
cost or market). Such assets are generally held for only a
short period of time. Short sales of securities or other
assets and futures or other types of forward transactions
involving assets held in a trading account are not to be
reflected in the trading account nor netted against trading
account positions. Report these short positions in Item 14,
‘‘Trading Liabilities.’’ Trading assets also include the
amount of revaluation gains (that is, assets) from the
‘‘marking to market’’ of interest rate, foreign exchange
rate, and other off-balance-sheet commodity and equity
contracts held for trading purposes. Refer to the FFIEC 031
instructions and glossary for further information.
Line Item 6 Premises and fixed assets (including
capitalized leases).
Report the book value, less accumulated depreciation or
amortization, of all premises, equipment, furniture, and
FR 2886b
Schedule RC

September 2011

March 2018

fixtures purchased directly or acquired by means of a
capital lease. Refer to the FFIEC 031 instructions for
further information.
Line Item 7

Not applicable.

Line Item 8

Other assets.

Report the total carrying value of assets that cannot be
properly reported in any of the preceding items. Some of
the assets included in this item are the positive fair value
of derivative contracts held for purposes other than
trading, customers’ liability on deferred payment letters
of credit, equity securities that do not have readily
determinable fair values (report the historical cost), furniture and equipment rented to others under operating
leases (net of depreciation), accounts receivable, income
earned or accrued but not collected, prepaid expenses,
original art objects, margin accounts, gold, balances with
closed, inactive or liquidating institutions, and deferred
tax debit balance.
Report the amount of customers’ liabilities to the reporting office on drafts and bills of exchange that have been
accepted by this office, or by others for its account, and
are outstanding. (See the Definitions section for a detailed
discussion of the treatment of acceptances.) Also include
other real estate owned, which is not reported in Item 6
above.
Line Item 9

Claims on nonrelated organizations.

This item is the sum of asset Items 1 through 8 above.
Line Item 10 Gross claims on related
organizations.
Include all credit extensions and balances with related
organizations, (Schedule RC-M, Item 3, Column A). See
the definition of related organizations in the Definitions
section. Do not net claims on related organizations with
liabilities to related organizations.
For column B, IBF only, include gross claims on the
establishing Edge corporation.
Line Item 11

Total Assets.

This item is the sum of Items 9 and 10.
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Schedule RC

Liabilities
Items 12 through 18 should exclude any liabilities to
related organizations. Such amounts should be reported
in Item 20, ‘‘Gross liabilities to related organizations.’’
Line Item 12

Deposits.

Include as deposits (1) those liabilities readily identifiable by name and definition as deposits, (2) all liabilities
identical to those described under Schedule RC-E, but
having different names in foreign countries, (3) liabilities
that owing to law, custom, or banking practice in foreign
countries have characteristics analogous to those defined
in Schedule RC-E, and (4) every other liability treated as
a deposit by law, custom or banking practice in the
country in which the liability is booked. Any nondeposit
borrowing should be reported as a borrowing in Liabilities, Item 15, ‘‘Other borrowed money’’ or other liabilities item, as appropriate.
If it is unclear whether a liability is a deposit or borrowing, report the liability as a deposit.
Line Item 12(a)

Total noninterest-bearing deposits.

Report the total of all noninterest-bearing deposits
included in Schedule RC-E. Noninterest-bearing deposits
consist of deposit accounts on which the issuing depository institution makes no payment to or for the account of
any depositor as compensation for the use of funds
constituting a deposit. An institution’s absorption of
expenses incident to providing a normal banking function
or its forbearance from charging a fee in connection with
such a service is not considered a payment of interest.
Noninterest-bearing deposit accounts include (i) matured
time deposits that are not automatically renewable (unless
the deposit agreement provides for the funds to be
transferred at maturity to another type of account) and (ii)
deposits with zero percent stated interest rate that are
issued at face value.
Line Item 12(b)

Total interest-bearing deposits.

Report the total of all interest-bearing deposits included
in Schedule RC-E. Interest-bearing deposits consist of
deposit accounts on which the issuing depository institution makes any payment to or for the account of any
depositor as compensation for the use of funds constituting a deposit. Such compensation may be in the form of
cash, merchandise, or property or as a credit to an
RC-4

account. An institution’s absorption of expenses incident
to providing a normal banking function or its forbearance
from charging a fee in connection with such a service is
not considered a payment of interest.
Deposits with a zero percent interest rate that are issued
on a discount basis are to be treated as interest-bearing.
Deposit accounts on which the interest rate is periodically adjusted in response to changes in market interest
rates and other factors should be reported as interestbearing even if the rate has been reduced to zero,
provided the interest rate on these accounts can be
increased as market conditions change.
Line Item 13 Federal funds purchased and
securities sold under agreements to repurchase.
Domestic offices and IBFs should include the following
in this item:
(1) All transactions involving the receipt of immediately
available funds for one business day only, or under
continuing contract regardless of the nature of the
transaction or the collateral involved;
(2) All securities sold under agreements to repurchase,
and similar transactions, that mature in more than
one business day (other than securities sold under
repurchase agreements to maturity); and
(3) All liabilities representing sales of participation in
pools of securities that mature in more than one
business day.
Exclude the following:
(1) Due bills issued and similar instruments, whether
collateralized or uncollateralized (to be treated as
a borrowing and reported in Item 15, ‘‘Other borrowed money;’’)
(2) Purchase of so-called ‘‘term federal funds’’ (i.e.,
purchases of immediately available funds with a
maturity of more than one business day) other than
security repurchase agreements specified above (to
be reported in Item 15, ‘‘Other borrowed money;’’)
(3) Securities sold under agreements to repurchase by
foreign branches of the reporting corporation and
‘‘Federal funds purchased’’ from banks in the U.S. by
foreign branches of the corporation (to be reported in
Item 15, ‘‘Other borrowed money;’’) and
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Schedule RC

(4) So-called yield maintenance dollar repurchase
agreement.
See entry for Federal Funds Transactions in the Definitions section for definitions of various terms that are used
in the above instructions for Liability Item 13.
Line Item 14

Trading liabilities.

Report the amount of liabilities from the reporting
organization’s trading activities. Include liabilities resulting from sales of assets that the reporting bank does not
own (see FFIEC 031 Glossary entry for ‘‘short position’’)
and revaluation losses from the ‘‘marking to market’’ (or
the ‘‘lower of cost or market’’) of interest rate, foreign
exchange rate, and other off-balance sheet commodity
and equity contracts into which the reporting bank has
entered for trading, dealer, customer accommodation,
and similar purposes. Refer to the FFIEC 031 instructions for further information.

deferred gains on financial contracts, unamortized loan
fees (except those that are yield-related), and others not
properly reported above. Report the amount of unmatured drafts and bills of exchange accepted by the
corporation or by other institutions for its account that are
outstanding. Acceptances acquired by the reporter through
purchase or discount and held as of the report date should
be excluded and reported as loans in Assets, Item 4,
‘‘Loans and lease financing receivables, net;’’ and
included in Schedule RC-C. Liabilities for letters of
credit issued for money or its equivalent should be
reported as deposits. Participation of acceptances does
not reduce the accepting Edge’s obligation to honor the
full amount of the acceptance. (See the Definitions
section for a detailed discussion of the treatment of
acceptances.)
Line Item 19 Liabilities to nonrelated
organizations.

Line Item 15 Other borrowed money (including
mortgage indebtedness and obligation under capital
leases).

This item is the sum of liability Items 12 through 18
above.

Report the total amount borrowed by the reporting
corporation on its promissory notes, on notes and bills
rediscounted, on loans or other assets sold with recourse
or with the reporting corporation’s endorsement or guarantee, on due bills issued, on assets sold that the corporation did not own, or on any other obligation for the
purpose of borrowing money. Also include any mortgages, liens, or capitalized lease property. Include securities sold under repurchase agreements by foreign branches
of the corporation, unless legally defined as deposits in
the country where the liability is booked.

Line Item 20 Gross liabilities to related
organizations.

Line Item 16

Not applicable.

Line Item 17

Subordinated notes and debentures.

Equity capital represents the sum of capital stock, surplus, undivided profits, and various reserve accounts.
Corporations with branches should report all equity
capital items, including any undivided profits or translations adjustments of branches, in the report filed by the
head office. Any claims of the head office on its branches,
including any unremitted earnings of the branches,
should be included in Schedule RC-M.

Report the amount of outstanding subordinated notes and
debentures (including mandatory convertible debt).
Line Item 18

Other liabilities.

Enter the total of any liability to nonrelated organizations
that cannot be properly reported in Items 12 through 17
above. Included here are such items as the negative fair
value of derivative contracts held for purposes other than
trading, amount of accrued and unpaid expenses, net
deferred income taxes, dividends declared but not yet
payable, liability for deferred payment letters of credit,
FR 2886b
Schedule RC

September 2011

Report the amounts of all liabilities to related organizations, (Schedule RC-M, Item 3, Column B). See the
definition of related organizations in the Definitions
section. Do not net liabilities to related organizations
against claims on related organizations. For column B,
IBF only, include gross liabilities on the establishing
Edge corporation.
Equity Capital

Line Item 21

Stock.

Report the total par value of the capital stock, both
common and preferred, or its equivalent, issued by the
corporation and outstanding.
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Schedule RC

Line Item 22

Surplus.

Enter the net amount formally transferred to or paid into
the surplus account or its equivalent plus any amount
received for preferred or common stock in excess of its
par value on or before the date of the report.
Line Item 23

Retained earnings.

Report the total amount of the corporation’s retained
earnings (undivided profits) after transfers of net income,
dividend distributions, transfers to surplus, and any other
appropriate reductions. Also include any reserves for
contingencies and other capital reserves, such as reserves
for undeclared dividends or dividends payable in capital
stock, reserves for retirement of preferred capital notes or
dividend profits, and any reserve for contingencies. This
last item represents amounts set aside for possible unforeseen or indeterminate liabilities not otherwise reflected
on the corporation’s books and not covered by
insurance—including, for example, amounts reserved for
possible losses resulting from lawsuits, possible default
on obligations on which the reporting organization is
contingently liable, or other potential claims against the
corporation. A reserve for contingencies should not
include any element of known loss or losses, the amount
of which can be estimated with reasonable accuracy.
Line Item 24
income.

Accumulated other comprehensive

Report the accumulated balance of other comprehensive
income in accordance with ASC Subtopic 220-10, Comprehensive Income – Overall (formerly FASB Statement
No. 130, Reporting Comprehensive Income). ‘‘Other
comprehensive income’’ refers to revenues, expenses,
gains, and losses that under generally accepted accounting principles are included in comprehensive income but
excluded from net income. Include in this item net
unrealized holding gains (losses) on available-for-sale
securities, accumulated net gains (losses) on cash flow
hedges, cumulative foreign currency translation adjustments, minimum pension liability adjustment (see
FFIEC 031 Schedule RC, Item 26(b)).
Line Item 25

Other equity capital components.

Report the carrying value of any treasury stock and of
any unearned Employee Stock Ownership Plan (ESOP)
shares, which under generally accepted accounting principles are reported in a contra-equity account on the
balance sheet. For further information, see the FFIEC 031
RC-6

Glossary entry for ‘‘treasury stock,’’ and ASC Subtopic
718-40, Compensation-Stock Compensation – Employee
Stock Ownership Plans (formerly AICPA Statement of
Position 93-6, Employers’ Accounting for Employee
Stock Ownership Plans).
Line Item 26

Total equity capital.

Enter the sum of Items 21 through 25.
Line Item 27

Total liabilities and equity capital.

Enter the sum of Items 19, 20, and 26.

Memorandum to Balance Sheet:
Line Item M1 Assets under the reporting Edge
and agreement corporation’s management in
proprietary mutual funds and annuities.
Report the amount of assets (stated in U.S. dollars) held
by mutual funds and annuities as of the report date for
which the reporting Edge and agreement corporation or a
subsidiary of the corporation acts as investment adviser.
A general description of a proprietary product is included
in the instructions to FFIEC 031 Schedule RC-M, item 6.
Proprietary mutual funds and annuities are typically
created by large banking organizations and offered to
customers of the banking organization’s subisidiaries. If
neither the Edge and agreement corporation nor any
subisidiary of the corporation acts as investment adviser
for a mutual fund or annuity, report a zero or the word
‘‘none’’ in this item.
Memoranda items 2(a) and 2(b) are to be completed
by all Edge and agreement corporations that have
elected to account for financial instruments or
servicing assets and liabilities at fair value under a
fair value option.
Memoranda items 2(a) and 2(b) are to be completed by
all Edge and agreement corporations that have adopted
ASC Topic 820, Fair Value Measurements and Disclosures (formerly FASB Statement No. 157, Fair Value
Measurements), and have elected to report certain assets
and liabilities at fair value with changes in fair value
recognized in earnings in accordance with U.S. generally
accepted accounting principles (GAAP) (i.e., ASC Subtopic 825-10, Financial Instruments – Overall (formerly
FASB Statement No. 159, The Fair Value Option for
Financial Assets and Financial Liabilities); ASC Subtopic 815-15, Derivatives and Hedging – Embedded
Schedule RC

FR 2886b
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Schedule RC

Derivatives (formerly FASB Statement No. 155, Accounting for Certain Hybrid Financial Instruments); and ASC
Subtopic 860-50, Transfers and Servicing – Servicing
Assets and Liabilities (formerly FASB Statement No.
156, Accounting for Servicing of Financial Assets)). This
election is generally referred to as the fair value option.

the fair value option that is included in Schedule RC,
Balance Sheet.

Line item M2 Financial assets and liabilities
measured at fair value under a fair value option.

Report the total fair value of all liabilities that the Edge or
agreement corporation has elected to account for under
the fair value option that is included in Schedule RC,
Balance Sheet.

Line item M2(a)

Total assets.

Line item M2(b)

Total liabilities.

Report the total fair value of all assets that the Edge or
agreement corporation has elected to account for under

FR 2886b
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September 2011

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LINE ITEM INSTRUCTIONS FOR

Cash and Balances Due
From Depository Institutions
Schedule RC-A

General Instructions
This schedule must be completed only by banking Edge
corporations and banking agreement corporations.
This schedule has two columns for information on cash
and balances due from depository institutions. The first
column provides consolidated information on the reporting office and its IBF. The second column provides
information for only the IBF. For purposes of this report,
deposit accounts ‘‘due from’’ other depository institutions that are overdrawn should be reported as borrowings and included in Schedule RC, Item 15, ‘‘Other
borrowed money.’’ Exclude claims on related organizations and assets held in trading accounts.

Line Item Instructions
Line Item 1 Cash items in process of collection,
unposted debits, and currency and coin.
Report cash, cash items in the process of collection, and
unposted debits as defined below, including such balances booked in the IBF of the reporting office.
Cash is the total of all currency and coin owned and
held by the reporting organization and local currency and
coin in transit to or from the central bank or its equivalent
in the country in which the reporting organization is
domiciled.
Cash items in the process of collection include:
(1) Checks in the process of collection, drawn on banking institutions 1 and payable immediately upon presentation, including checks already forwarded for
collection and checks on hand which will be presented for payment or forwarded for collection on the
following business day in the country where the
1. Institutions which, by law or accepted practice in the country in
which domiciled, accept deposits as a significant part of their business.
FR 2886b
Schedule RC-A

March 2008

reporting office which is clearing or collecting the
check or draft is located. This includes checks or
drafts that have been deposited with the reporting
bank’s correspondent and for which the reporting
bank has already been given credit, but for which the
amount credited is not subject to immediate withdrawal (‘‘ledger credit’’ items);
(2) Checks or warrants drawn on the government (federal government equivalent) of the country in which
the reporting office is domiciled and which are in the
process of collection;
(3) Such other items in process of collection, payable
immediately upon presentation, as are customarily
cleared or collected as cash items;
(4) Checks drawn on another depository institution and
which have been forwarded for collection to other
offices or branches of the reporter;
(5) Amounts credited to deposit accounts in connection
with automatic payment arrangements where such
credits are made one business day prior to the
payment date to ensure the availability of funds on
the payment date;
(6) Commodity or bill-of-lading drafts payable immediately upon presentation in the country in which the
reporting office that is handling the drafts is located.
Unposted debits are defined as cash items in the reporting
corporation’s possession drawn on itself that are chargeable, but have not yet been charged, against deposit
liabilities on the general ledger at the close of business on
a given day. Unposted debits do not include items that
have been reflected in deposit accounts on the General
Ledger or a balance sheet even though they may not have
been debited to individual deposit accounts.
Where allowed by statute or written agreement, items
payable at or through the reporting corporation may, at
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DRAFT
Schedule RC-A

the discretion of the reporter, be immediately charged
against the deposits of the drawer. Such items may be
regarded as drawn on the reporting organization and
reported as unposted debits when they have been paid or
credited but have not yet been charged against deposit
liabilities at the close of business on a given date.
Exclude the following from cash items in the process of
collection:
(1) Cash items for which the reporting corporation has
already received credit provided that the funds on
deposit are subject to immediate withdrawal (include
in Items 2, 3, or 4 below);
(2) Items handled as noncash collections not payable
immediately on presentation (to be reported in Schedule RC, Item 8, ‘‘Other assets’’);
(3) Commodity or bill-of-lading drafts payable upon
arrival of goods against which the draft was drawn,
whether or not deposit credit has been given to a
customer. (If deposit credit has been given, such
drafts should be reported as loans in the appropriate
item of Schedule RC-C; if the drafts were received
on a collection basis, they should be excluded entirely
from the reporting corporation’s statement until the
funds have actually been collected.)
Line Item 2 Balances due from depository
institutions in the U.S.
Report demand, savings, and time balances with offices
of depository institutions domiciled in the U.S., including
balances due from commercial banks in the U.S., U.S.
branches and agencies of foreign banks, New York State
Article XII investment companies, savings and loan
associations and mutual stock savings banks, and other
Edge and agreement corporations for which the reporting
corporation has received credit. See the Definitions section for a discussion of the reporting of reciprocal
balances. Also, see the Definitions section for a discus-

RC-A-2

sion of pass-through balances relating to maintenance
of required reserves on deposits, and for a discussion of
excess balance accounts and the reporting treatment if the
reporting corporation is an agent for an excess balance
account at a Federal Reserve Bank. Exclude balances for
which the corporation has not yet received credit and
balances representing checks or drafts for which immediate credit has been given but which are not subject to
immediate withdrawal (reported in Item 1, ‘‘Cash items
in process of collection’’).
Line Item 3 Balances due from banks in foreign
countries and foreign central banks.
Report all balances due from banking offices located
outside the United States, including foreign branches of
U.S. banks and foreign central banks. Do not include
balances due from U.S. branches and agencies of foreign
banks. Also, see the Definitions section for a discussion
of the reporting of reciprocal balances. Exclude any
balances held in the reporting office’s trading account.
Line Item 4
Banks.

Balances due from Federal Reserve

Report the total balances with Federal Reserve Banks.
This amount includes required reserve, excess, and clearing balances. Include the amount of reserve balances
actually passed through to a Federal Reserve Bank on
behalf of its respondent depository institutions. If the
reporting corporation is an agent for an excess balance
account at a Federal Reserve Bank, the balances in the
excess balance account should not be reflected as an asset
or a liability on the reporting bank’s balance sheet and
should not be reported in this item. (See the Definitions
section for ‘‘excess balance account’’ and ‘‘pass-through
reserve balances.’’)
Line Item 5

Total.

Enter the total of Items 1 through 4 above. This total
should equal the sum of Schedule RC, Items 1(a) and
1(b).

Schedule RC-A

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LINE ITEM INSTRUCTIONS FOR

Securities
Schedule RC-B

General Instuctions
This schedule must be completed only by banking Edge
corporations and banking agreement corporations.
ASC Topic 320, Investments-Debt and Equity Securities
(formerly FASB Statement No. 115, Accounting for
Certain Investments in Debt and Equity Securities)
requires depository institutions to divide their securities
holdings among three categories: held-to-maturity,
available-for-sale, and trading. The accounting standard
provides a different accounting treatment for each category. Under ASC Topic 320, only those debt securities
for which an institution has the positive intent and ability
to hold to maturity may be included in the held-tomaturity account, and the institution would continue to
account for these debt securities at amortized cost.
Trading securities are those debt and equity securities
that an institution buys and holds principally for the
purpose of selling in the near term. Trading securities
will continue to be reported at fair value (i.e., generally
market value) with unrealized changes in value (appreciation and depreciation) reported directly in the income
statement as a part of the organization’s earnings.
Securities in the available-for-sale category are defined
as those securities for which the organization does not
have the positive intent and ability to hold to maturity, yet
does not intend to trade actively as part of its trading
account. Available-for-sale securities must be reported at
fair value. Any unrealized appreciation or depreciation in
the value of debt and equity securities available for sale is
to be reported directly as a separate component of equity
capital. Thus, unrealized changes in these securities’
value will have no effect on the reported earnings of the
institution.
This schedule has four columns for information on
securities: two columns for held-to-maturity securities
and two columns for available-for-sale securities. Report
FR 2886b
Schedule RC-B

September 2011

the amortized cost and the current fair value of held-tomaturity securities in columns A and B, respectively.
Report the amortized cost and current fair value of
available-for-sale securities in columns C and D, respectively. Report information on equity securities in the
columns for available-for-sale securities only (columns C
and D). For equity securities with readily determinable
fair values, report historical cost (not amortized cost) in
column C and fair value in column D. The unrealized
appreciation or depreciation in the corporation’s availablefor-sale debt and equity securities as of the report date,
net of tax effect, should be reported in Schedule RC,
Item 24, ‘‘Accumulated other comprehensive income.’’
Exclude all securities held in trading accounts, and report
them in Schedule RC, Item 5, ‘‘Trading Assets.’’ Also
exclude all equity securities that do not have readily
determinable fair values, and report them in Schedule
RC, Item 8, ‘‘Other Assets.’’
When completing reports for U.S. offices, include securities that have been sold under repurchase agreements
since, for purposes of this report, these securities are
treated as collateral for financial transactions and not
as sales. The transactions arising from security RPs
should be reported as liabilities in Schedule RC, Item 13.
Similarly, do not include securities that have been purchased under resale agreements, which are to be reported
as assets in Schedule RC, Item 3.
Include all securities included in a pool in which participation is sold. The proceeds from the participation sales
should be reflected in Schedule RC, Item 13, ‘‘Federal
funds purchased and securities sold under agreements
to repurchase.’’ Corporations that buy participations in
pooled securities should report the purchase in Schedule
RC, Item 3, ‘‘Federal funds sold and securities purchased
under agreements to resell.’’ Include all securities pledged,
lent, or sold ‘‘short,’’ and securities purchased but not yet
delivered, but do not include securities borrowed or due
RC-B-1

DRAFT
Schedule RC-B

bills acquired. Do not report any futures contracts to buy
or sell securities until the actual transfer of securities
occurs. Securities should be reflected using trade date
accounting.

Line Item Instructions
Line Item 1 Securities of all governments and
official institutions.
Include the value of U.S. government obligations, direct
and guaranteed, and the value of the direct obligations of
any entity other than the U.S. government, either foreign
or U.S., that has the power to levy taxes or is otherwise
considered to be a public borrower or ‘‘official institution.’’ (See FFIEC 031 Glossary entry for ‘‘Foreign
Governments and Official Institutions.’’)
Line Item 2

Other debt securities.

Report the value of all other debt securities, including
state and local government securities. Also include all
holdings of commercial paper other than for trading
purposes.

RC-B-2

Line Item 3 Equity interest in nonrelated
organizations.
Include the total value of all equity investments other
than those in related organizations. Report equity investments that represent 20 percent to 50 percent of the
voting shares of an organization using the equity method
of accounting. Report equity investments representing
less than 20 percent of the voting shares of an organization in accordance with Statement 115 at fair value.
Include securities that have been sold under repurchase
agreements since, for purposes of this report, these
securities are treated as collateral for financial transactions and not as sales. Report the transactions arising
from security RPs in Schedule RC, Item 15, ‘‘Other
borrowed money,’’ on the balance sheet. Similarly,
exclude securities that have been purchased under resale
agreements, and report them in Schedule RC, Item 4,
‘‘Loans and lease financing receivables.’’
Line Item 4 Total. Enter the sum of items 1
through 3.
The total of column A plus the total of column D must
equal Schedule RC, Item 2, Consolidated Total.

Schedule RC-B

FR 2886b
September 2011

DRAFT
LINE ITEM INSTRUCTIONS FOR

Loans and Lease Financing Receivables
Schedule RC-C

General Instructions
This schedule must be completed only by banking Edge
corporations and banking agreement corporations.
This schedule has two columns for information on loans
and leases. The first column should include all such
balances of the reporting office, including the IBF, while
the second column includes balances of only the IBF.
Report in this schedule the aggregate book value of all
loans and leases before deduction of any allowances
for losses. The allowance for losses is to be deducted
under Schedule RC, Item 4(b). The total of ‘‘loans and
leases,’’ Item 7 of this schedule, is to be reported net of
unearned income and allocated transfer risk reserve. To
the extent possible, the preferred treatment is to report
each specific loan category net of unearned income.
However, if the amounts entered in Items 1 through 5
include any unearned income, report in Item 6 of this
schedule the total of such unearned income included in
the reported loan categories.
Loans and leases are extensions of credit resulting either
from direct negotiation between lender and borrower
or from the purchase of such assets from other lenders.
Loans include extensions of credit in the form of promissory notes, acknowledgements of advance, due bills, and
similar obligations (written or oral), as well as marketable instruments such as bankers acceptances. Report
holdings of commercial paper other than for trading
purposes in Schedule RC-B, Item 2. Report holding of
commercial paper for trading purposes in Schedule RC,
Item 5. Also report all loans and leases held for trading
purposes in Schedule RC, Item 5.
For purposes of this report, both ‘‘unplanned’’ and
‘‘planned’’ overdrafts are to be classified as loans in this
schedule. ‘‘Unplanned’’ overdrafts refer to advances of
credit that result when the reporting organization honors
checks drawn against deposit accounts with inadequate
FR 2886b
Schedule RC-C

March 2008

balances, but has not contractually agreed in advance to
do so. Such overdrafts should be classified in Item 5, ‘‘All
other loans including lease financing’’ except when the
reporting corporation’s customer is a domestic commercial bank or foreign bank. In that case, unplanned overdrafts are to be classified in Item 1, ‘‘Loans to commercial banks in the U.S.’’ or in Item 2, ‘‘Loans to banks in
foreign countries,’’ as appropriate. ‘‘Planned’’ overdrafts,
which are overdrafts to deposit accounts contractually
agreed to in advance, should be classified according to
the organization’s customer in the appropriate items of
Schedule RC-C. Refer to the section on the sale or
purchase of assets included in the Definitions section for
a discussion of these two topics.
All assets classified in Schedule RC-C should remain on
the books of the reporting corporation until sold or
actually written off, even if on the report date they are
past due and collection is doubtful. Among the items
included in this schedule are the following:
(1) Acceptances of banks or other banking corporations;
(2) Acceptances executed by or for the account of the
reporting corporation and subsequently acquired by it
through purchase or discount;
(3) Customers’ liabilities to the reporting corporations
on drafts paid under letters of credit for which the
corporation has not been reimbursed;
(4) ‘‘Advances’’ and commodity or bill-of-lading drafts
payable upon arrival of goods against which drawn,
for which the reporting corporation has given deposit
credit to customers;
(5) Paper pledged whether for collateral to secure bills
payable, such as marginal collateral to secure bills
rediscounted, or for any other purpose;
(6) ‘‘Sales of so-called term federal funds’’ (i.e., sales of
immediately available funds with a maturity of more
RC-C-1

DRAFT
Schedule RC-C

than one day), other than those involving security
resale agreements; and
(7) ‘‘Federal funds’’sold by foreign branches of the
reporting corporation to banks in the United States
and securities purchased by these branches under
agreements to resell.
Also include loans ‘‘sold’’ by the reporting office for
which the office retains some risk or obligation. See
Definitions section for a discussion of the treatment of
asset sales.
Exclude, for purposes of this schedule, the following
loans:
(1) All loans in immediately available funds of one day
(or continuing contract) maturity (i.e., federal funds
sold), held in domestic offices of the reporting corporation (to be reported in Schedule RC, Item 3);
(2) Contracts of sale or other loans indirectly representing other real estate (to be reported in Schedule RC,
Item 6 or 8 rather than in Schedule RC-C); and
(3) Undisbursed loan funds, sometimes referred to as
incomplete loans, unless the borrowers are liable and
pay interest thereon. However, if interest is being
paid by the borrower on the undisbursed proceeds,
the amounts of such undisbursed funds should be
included in both loans and deposits. (Do not include
loan commitments that have not yet been taken
down, even if fees have been paid.)

through balances relating to the maintenance of required
reserves are also considered as loans in certain cases. See
Definitions section on the treatment of pass-through
balances.
Also include holdings of all bankers acceptances accepted by U.S. banks and not held in trading accounts,
whether they were purchased in the open market or were
discounted by the reporting office. Exclude acceptances
accepted by the reporter, discounted, and held in its
portfolio. Such acceptances should be reported elsewhere
in the schedule according to the account party.
Exclude loans to other domestic depository institutions
such as mutual savings banks, savings and loan associations, and credit unions, finance companies, acceptance
companies, insurance companies, and credit agencies that
are owned wholly or in part by the Federal Government.
Extensions of credit to these organizations should be
reported in Item 5, ‘‘All other loans including lease
financing receivables.’’
Loans to inactive, liquidating or closed banks should
be excluded from Schedule RC-C and included in Schedule RC, Item 8, ‘‘Other assets.’’

Line Item 2

Loans to banks in foreign countries.

Report loans and other instruments evidencing loans to
operating domestic commercial banks and their branches
domiciled in the United States, Puerto Rico, and U.S.
dependencies and insular possessions and trust territories. Also include loans to domestic offices of nonrelated
Edge and agreement corporations, to U.S. branches and
agencies of foreign banks, and to investment companies
that are chartered under Article XII of the New York
Banking Law and are majority-owned by one or more
foreign banks.

Report loans and other instruments that represent loans
(including dollar exchange acceptances) to operating
banks, including branches of U.S. banks, that are domiciled outside the United States, Puerto Rico and U.S.
dependencies and insular possessions (including trust
territories). Exclude such credit extensions to U.S.
branches and agencies of foreign banks, which should
be reported in Item 1, ‘‘Loans to commercial banks in
the U.S.,’’ above. Banks in foreign countries include
foreign commercial banks, savings banks, discount
houses, nationalized banks not functioning as central
banks, development banks, or banks of issue and other
similar foreign institutions that accept short-term deposits, and foreign domiciled banking subsidiaries of U.S.
banks. Include loans to ‘‘shell’’ branches of U.S. banks
such as those in the Bahamas or Cayman Islands.

Include in this item all overdrafts to demand deposit
accounts of domestic commercial banks. This item
includes both unplanned and planned overdrafts. Pass-

All overdrafts to demand deposit accounts of banks in
foreign countries are to be reported in this item, including
both unplanned and planned overdrafts.

Line Item Instructions
Line Item 1 Loans to and acceptances of
commercial banks.

RC-C-2

Schedule RC-C

FR 2886b
March 2008

DRAFT
Schedule RC-C

Line Item 3 Loans to foreign governments and
official institutions (including foreign central banks).
Report all loans (including planned overdrafts) to central,
state, provincial, and local governments in foreign countries and to their ministries, departments, and agencies.
Among these are treasuries, ministries of finance, central
banks, development banks, exchange control offices,
stabilization funds, diplomatic establishments, fiscal
agents, and nationalized banking and other banking
institutions that are owned by central governments and
that have as an important part of their function activities
similar to those of a treasury, central bank, exchange
control office, stabilization funds, etc.

(c) construction industries;
(d) wholesale and retail trade enterprises and other
dealers in commodities; and
(e) service industries such as hotels, laundries, and
automotive service stations.
(2) Loans for the purpose of financing capital expenditures as well as to finance current operations.
(3) Loans collateralized by production payments (e.g.,
oil or mining production payments) as a loan to the
original seller of the production payment rather than
to the holder of the production payment.
(4) Commercial and industrial loans guaranteed by foreign governmental institutions.

Also include all loans (including planned overdrafts) to
international and regional institutions, such as the International Bank for Reconstruction and Development, the
Bank for International Settlements, the Inter-American
Development Bank, and the United Nations.

Line Item 4(a)

Include bankers acceptances accepted by the reporting
office and held in its portfolio when the account party is a
foreign government or official institution, including such
acceptances for the purpose of financing dollar exchange.
Exclude acceptances held in trading accounts.

Line Item 4(b)
(domicile).

Line Item 4

Commercial and industrial loans.

Report loans for commercial and industrial purposes to
sole proprietorships, partnerships, corporations, and other
business enterprises, whether secured or unsecured,
single-payment or installment. These loans may take the
form of direct or purchased loans. Include the reporting
corporation’s own acceptances discounted and held in its
portfolio when the account party is a commercial or
industrial enterprise. Also include loans to individuals for
commercial, industrial, and professional purposes but not
for investment or personal expenditure purposes. This
item should include the same types of transactions that
are included in this loan category on the parent U.S. bank’s
consolidated report of condition. Examples of such loans
are:
(1) Loans for commercial and industrial purposes to the
following industries:

Loans to U.S. addressees (domicile).

Report all commercial and industrial loans to U.S.
addressees. For a discussion of ‘‘addressees,’’ see the
Definitions section.
Loans to non-U.S. addressees

Report all commercial and industrial loans to non-U.S.
addressees. For a discussion of ‘‘addressees,’’ see the
Definitions section.
Line Item 5 All other loans, including lease
financing receivables.
Report all loans and discounts which cannot properly
be reported against one of the preceding items of Schedule RC-C, all unplanned overdrafts in deposit accounts
(except overdrafts on demand deposits of banks), and
all lease financing receivables. Included in this item
are: loans to nonprofit organizations or individuals; real
estate loans; loans for the purpose of purchasing or
carrying securities; loans to inactive, liquidating or closed
banks; loans to mutual savings banks, savings and loan
associations, credit unions, finance companies, insurance
companies, acceptance companies, investment banks,
bank holding companies, federal credit agencies and
other financial intermediaries, whether domestic or foreign; agricultural production loans; and automobile loans.

(a) mining, oil and gas-producing, and quarrying
industries;

Line Item 6 Less: unearned income on loans and
leases included above.

(b) manufacturing industries of all kinds, including
those which process agricultural commodities;

To the extent possible, the preferred treatment is to report
the specific loan categories net of unearned income. A

FR 2886b
Schedule RC-C

March 2008

RC-C-3

DRAFT
Schedule RC-C

reporting corporation should enter in this item unearned
income only to the extent that it is included under the
various loan items (1 through 5) of this schedule. If a
reporter reports each line net of unearned income, it
should make no entry in this line.
Line Item 7
income.

Loans and leases, net of unearned

held for
investment and
held for sale

Enter the difference between the sum of Items 1 through
5 less Item 6 above. Item 7 must agree with Schedule RC,
Item 4(a).

RC-C-4

Schedule RC-C

March 2018

FR 2886b
March 2008

DRAFT
LINE ITEM INSTRUCTIONS FOR

Trading Assets and Liabilities
Schedule RC-D

General Instructions
Schedule RC-D is to be completed by all Edge and
agreement corporations that reported trading assets
of $2 million or more in Schedule RC, item 5, for any
of the four preceding quarterly reports. Memorandum items 1 through 6.b are to be completed by Edge
and agreement corporations that reported trading
assets of $1 billion or more in Schedule RC, item 5, for
any of the four preceding quarterly reports.
Trading activities typically include (a) regularly underwriting or dealing in securities; interest rate, foreign
exchange rate, commodity, equity, and credit derivative
contracts; other financial instruments; and other assets for
resale, (b) acquiring or taking positions in such items
principally for the purpose of selling in the near term or
otherwise with the intent to resell in order to profit from
short-term price movements, and (c) acquiring or taking
positions in such items as an accommodation to customers or for other trading purposes.
Pursuant to ASC Subtopic 825-10, Financial Instruments
– Overall (formerly FASB Statement No. 159, The Fair
Value Option for Financial Assets and Financial Liabilities), all securities within the scope of ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB
Statement No. 115, Accounting for Certain Investments
in Debt and Equity Securities), that a corporation has
elected to report at fair value under a fair value option
with changes in fair value reported in current earnings
should be classified as trading securities. In addition,
for purposes of this report, corporations may classify
assets (other than securities within the scope of ASC
Topic 320) and liabilities as trading if the corporation
applies fair value accounting, with changes in fair value
reported in current earnings, and manages these assets
and liabilities as trading positions, subject to the controls
FR 2886B
Schedule RC-D

September 2011

and applicable regulatory guidance related to trading
activities. For example, a corporation would generally
not classify a loan to which it has applied the fair value
option as a trading asset unless the corporation holds the
loan, which it manages as a trading position, for one of
the following purposes: (a) for market making activities,
including such activities as accumulating loans for sale or
securitization; (b) to benefit from actual or expected price
movements; or (c) to lock in arbitrage profits. When
reporting loans classified as trading in Schedule RC-D,
corporations should include only the fair value of the
funded portion of the loan in item 6 of this schedule. If
the unfunded portion of the loan, if any, is classified as
trading (and does not meet the definition of a derivative),
the fair value of the commitment to lend should be
reported as an ‘‘Other trading asset’’ or an ‘‘Other trading
liability,’’ as appropriate, in Schedule RC-D, item 7 or
item 11, respectively.
Assets, liabilities, and other financial instruments classified as trading shall be consistently valued at fair value.
Exclude from this schedule all available-for-sale securities and all loans and leases that do not satisfy the criteria
for classification as trading as described above. Availablefor-sale securities are generally reported in Schedule RC,
item 2, and in Schedule RC-B, columns C and D.
However, a corporation may have certain assets that fall
within the definition of ‘‘securities’’ in ASC Topic 320
(e.g., nonrated industrial development obligations) that
the corporation has designated as ‘‘available-for-sale’’
which are reported for purposes of this report in a balance
sheet category other than ’’Securities’’ (e.g., ‘‘Loans and
lease financing receivables’’). Loans and leases that do
not satisfy the criteria for the trading account should be
reported in Schedule RC, item 4(a) or item 4(b), and in
Schedule RC-C.

RC-D-1

DRAFT
Schedule RC-D

Line Item Instructions
ASSETS
Line Item 1

U.S. Treasury securities.

Report the fair value of all U.S. Treasury securities held
for trading. Include all bills, certificates of indebtedness,
notes, and bonds, including those issued under the Separate Trading of Registered Interest and Principal of
Securities (STRIPS) program and those that are ‘‘inflation indexed.’’
Exclude all obligations of U.S. government agencies and
corporations. Also exclude detached Treasury security
coupons and ex-coupon Treasury securities held as the
result of either their purchase or the bank’s stripping of
such securities and Treasury receipts such as CATs,
TIGRs, COUGARs, LIONs, and ETRs (report in item 5).
Line Item 2

U.S. Government agency obligations.

Report the fair value of all U.S. government agency and
obligations (excluding mortgage- backed securities) held
for trading. For purposes of this line item, exclude from
U.S. government agency obligations:
(1) Loans to the Export Import Bank and to federallysponsored lending agencies (report in ‘‘All other
loans,’’ Schedule RC-C, item 5).
(2) All holdings of U.S. government-issued or -guaranteed
mortgage pass-through securities (report in item 4(a)
or 4(b) below).
(3) Collateralized mortgage obligations (CMOs), real
estate mortgage investments conduits (REMICs),
CMO and REMIC residuals, and stripped mortgagebacked securities (such as interest-only strips (IOs),
principal-only strips (POs) and similar instruments)
issued by U.S. government agencies and corporations
(report in item 4(b) below).
(4) Participations in pools of Federal Housing Administration (FHA) Title I loans, which generally consist
of junior lien home improvement loans.
Line Item 3 Securities issued by states and
political subdivisions in the U.S.
Report the fair value of all securities issued by states and
political subdivisions in the United States held for trading. States and political subdivisions in the U.S., for
purposes of this report, include:
RC-D-2

(1) the fifty states of the United States and the District of
Columbia and their counties, municipalities, school
districts, irrigation districts, and drainage and sewer
districts; and
(2) the governments of Puerto Rico and of the U.S.
territories and possessions and their political subdivisions.
Securities issued by states and political subdivisions
include:
(1) General obligations, which are securities whose principal and interest will be paid from the general tax
receipts of the state or political subdivision.
(2) Revenue obligations, which are securities whose debt
service is paid solely from the revenues of the
projects financed by the securities rather than from
general tax funds.
(3) Industrial development and similar obligations.
Line Item 4(a)
securities.

Residential mortgage-backed

Report the total fair value of all asset-backed securities
collateralized by 1-4 family residential mortgages, including mortgage pass-through securities, collateralized mortgage obligations (CMOs), real estate mortgage investment conduits (REMICs), CMO and REMIC residuals,
stripped mortgage-backed securities (such as interestonly strips (IOs), principal-only strips (POs), and similar
instruments), and mortgage-backed commercial paper.
Line Item 4(b)
securities.

Commercial mortgage-backed

Report the total fair value of all asset-backed securities
collateralized by mortgages other than 1-4 family residential mortgages, including mortgage pass-through securities, collateralized mortgage obligations (CMOs), real
estate mortgage investment conduits (REMICs), CMO
and REMIC residuals, stripped mortgage-backed securities (such as interest-only strips (IOs), principal-only
strips (POs), and similar instruments), and mortgagebacked commercial paper.
Line Item 5

Other debt securities.

Report the fair value of all other debt securities that are
held for trading that cannot properly be reported in
Schedule RC-D, items 1 through 4(b) above. Exclude
from other debt securities:
Schedule RC-D

FR 2886B
September 2011

DRAFT
Schedule RC-D

(1) All holdings of certificates of participation in pools
of residential mortgages, collateralized mortgage
obligations (CMOs), real estate mortgage investment
conduits (REMICs), CMO and REMIC residuals,
and stripped mortgage-backed securities (such as
interest-only strips (IOs), principal-only strips (POs),
and similar instruments) (report in Schedule RC-D,
items 4(a) or 4(b) above).

Line Item 9

(2) Holdings of bankers acceptances, and certificates of
deposit, which are not classified as securities for
purposes of this report.

Report in the appropriate subitem the total fair value of
the reporting corporations liabilities resulting from sales
of assets that the reporting corporation does not own, or
‘‘short positions.’’ Short positions shall be reported gross.

(3) All securities that meet the definition of an ‘‘equity
security’’ in ASC Topic 320, Investments-Debt and
Equity Securities (formerly FASB Statement No.
115, Accounting for Certain Investments in Debt and
Equity Securities).
Line Item 6

Loans.

Report the total fair value of all loans (as defined in the
General Instructions for Schedule RC-C) held for trading.
Line Item 7

Other trading assets.

Report the total fair value of all trading assets that cannot
properly be reported in items 1 through 6. Exclude
revaluation gains on interest rate, foreign exchange rate,
commodity, equity, and credit derivative contracts (report
in item 8 below).
Line Item 8

Derivatives with a positive fair value.

Report the amount of revaluation gains (i.e., assets) from
the ‘‘marking to market’’ of interest rate, foreign exchange
rate, commodity, equity, and credit derivative contracts
held for trading purposes. Revaluation gains and losses
(i.e., assets and liabilities) from the ‘‘marking to market’’
of the reporting corporation’s derivative contracts
executed with the same counterparty that meet the criteria for a valid right of setoff contained in ASC Subtopic
210-20, Balance Sheet – Offsetting (formerly FASB
Interpretation No. 39, Offsetting of Amounts Related to
Certain Contracts) (e.g., those contracts subject to a
qualifying master netting arrangement) may be reported
on a net basis using this item and item 12 below, as
appropriate. (For further information, see the Glossary
entry for ‘‘offsetting.’’)
FR 2886B
Schedule RC-D

September 2011

Total trading assets.

Report the sum of items 1 through 8. The amount
reported for this item must equal Schedule RC, item 5,
’’Trading assets.’’

LIABILITIES
Line Item 10

Liability for short positions:

Line Item 10(a)

Equity securities.

Report the fair value of the reporting corporation’s
liabilities resulting from sales of equity securities that the
reporting corporation does not own, thereby establishing
a short position.
Line Item 10(b)

Debt securities.

Report the fair value of the reporting corporation’s
liabilities resulting from sales of debt securities that the
reporting corporation does not own, thereby establishing
a short position.
Line Item 10(c)

All other assets.

Report the fair value of the reporting corporation’s
liabilities resulting from sales of all assets other than
equity securities or debt securities that the reporting
corporation does not own, thereby establishing a short
position.
Line Item 11

All other trading liabilities.

Report the total fair value of all trading liabilities other
than the reporting corporation’s liability for short positions. Exclude revaluation losses on interest rate, foreign
exchange rate, commodity, equity, and credit derivative
contracts (report in item 12 below).
Line Item 12
value.

Derivatives with a negative fair

Report the amount of revaluation losses (i.e., liabilities)
from the ‘‘marking to market’’ of interest rate, foreign
exchange rate, commodity, equity, and credit derivative
contracts held for trading purposes. Revaluation gains
and losses (i.e., assets and liabilities) from the ‘‘marking
RC-D-3

DRAFT
Schedule RC-D

to market’’ of the reporting corporation’s interest rate,
foreign exchange rate, commodity, equity, and credit
derivative contracts executed with the same counterparty
that meet the criteria for a valid right of setoff contained
in ASC Subtopic 210-20, Balance Sheet – Offsetting
(formerly FASB Interpretation No. 39, Offsetting of
Amounts Related to Certain Contracts) (e.g., those contracts subject to a qualifying master netting arrangement)
may be reported on a net basis using this item and item 8
above, as appropriate. (For further information, see the
Glossary entry for ‘‘offsetting.’’)
Line Item 13

Total trading liabilities.

Report the sum of items 10(a) through 12. The amount
reported for this item must equal Schedule RC, item 14,
‘‘Trading liabilities.’’
NOTE: Memorandum items 1(a) through 6(b) are
applicable only to Edge and agreement corporations
that reported trading assets of $1 billion or more in
Schedule RC, item 5, for any of the four preceding
quarterly reports.
Line Item M1

Asset-backed securities.

Report in the appropriate subitem the total fair value of
all asset-backed securities, other than residential mortgage backed securities, commercial mortgage backed
securities, and asset-backed commercial paper, held for
trading reported in Schedule RC-D, items 4(a), 4(b) and
5. For purposes of categorizing asset-backed securities in
Schedule RC-D, Memorandum items 1(a) through 1(f),
below, each individual asset-backed security should be
included in the item that most closely describes the
predominant type of asset that collateralizes the security
and this categorization should be used consistently over
time. For example, an asset-backed security may be
collateralized by automobile loans to both individuals
and business enterprises. If the prospectus for this assetbacked security or other available information indicates
that these automobile loans are predominantly loans to
individuals, the security should be reported in Schedule
RC-D, Memorandum item 1(c), as being collateralized
by automobile loans.
Line Item M1(a)

Credit card receivables.

Report the total fair value of all asset-backed securities
collateralized by credit card receivables, i.e., extensions
of credit to individuals for household, family, and other
personal expenditures arising from credit cards.
RC-D-4

Line Item M1(b)

Home equity lines.

Report the total fair value of all asset-backed securities
collateralized by home equity lines of credit, i.e., revolving, open-end lines of credit secured by 1-to-4 family
residential properties.
Line Item M1(c)

Automobile loans.

Report the total fair value of all asset-backed securities
collateralized by automobile loans, i.e., loans to individuals for the purpose of purchasing private passenger
vehicles, including minivans, vans, sport-utility vehicles,
pickup trucks, and similar light trucks for personal use.
Line Item M1(d)

Other consumer loans.

Report the total fair value of all asset-backed securities
collateralized by other consumer loans, i.e., loans to
individuals for household, family, and other personal
expenditures, excluding automobile loans as described in
Schedule RC-D, Memorandum item 1(c), above.
Line Item M1(e)

Commercial and industrial loans.

Report the total fair value of all asset-backed securities
collateralized by commercial and industrial loans, i.e.,
loans for commercial and industrial purposes to sole
proprietorships, partnerships, corporations, and other
business enterprises, whether secured (other than by real
estate) or unsecured, single-payment or installment.
Line Item M1(f)

Other.

Report the total fair value of all asset-backed securities
collateralized by loans other than those included in
Schedule RC-D, Memorandum items 1(a) through 1(e).
Line Item M2(a)

Structured financial products.

Report in the appropriate subitem the total fair value of
all structured financial products held for trading according to whether the product is a cash, synthetic, or hybrid
instrument. Structured financial products generally convert a pool of assets (such as whole loans, securitized
assets, and bonds) and other exposures (such as derivatives) into products that are tradable capital market debt
instruments. Some of the more complex financial product
structures mix asset classes in order to create investment
products that diversify risk. One of the more common
structured financial products is referred to as a collateralized debt obligation (CDO). Other products include
synthetic structured financial products (such as synthetic
Schedule RC-D

FR 2886B
September 2011

DRAFT
Schedule RC-D

CDOs) that use credit derivatives and a reference pool of
assets, hybrid structured products that mix cash and
synthetic instruments, collateralized bond obligations
(CBOs), resecuritizations such as CDOs squared or cubed
(which are CDOs backed primarily by the tranches of
other CDOs), and other similar structured financial products.
Exclude from structured financial products:
(1) Mortgage-backed pass-through securities (report in
Schedule RC-D, item 4(a) or 4(b), above).
(2) Collateralized mortgage obligations (CMOs), real
estate mortgage investment conduits (REMICs), CMO
and REMIC residuals, stripped mortgage-backed
securities, and mortgage-backed commercial paper
(report in Schedule RC-D, item 4(a) or 4(b), above).
(3) Asset-backed commercial paper held for trading
(report in Schedule RC-D, item 4(a), 4(b), or 5,
above).
(4) Other asset-backed securities that are primarily
secured by one type of asset (report in Schedule
RC-D, memoranda item 1, above).
Line Item M2(a)

Synthetic instruments.

Report the total fair value of structured financial products
that are synthetic instruments held for trading. A synthetic instrument means that the investors do not have a
claim against a reference pool of assets; rather, the
originating corporation merely transfers the inherent
credit risk of the reference pool of assets by such means
as a credit default swap, a total return swap, or another
arrangement in which the counterparty agrees upon specific contractual covenants to cover a predetermined
amount of losses in the loan pool.
Line Item M2(c)

Hybrid instruments.

Report the total fair value of structured financial products
that are hybrid instruments held for trading. A hybrid
instrument means that the instrument is a mix of both
cash and synthetic instruments.
FR 2886B
Schedule RC-D

Report the total fair value of assets held for trading that
represent interests that continue to be held by the corporation following a securitization (as defined by ASC
Topic 860, Transfers and Servicing (formerly FASB
Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities) to the extent that such interests will absorb losses
resulting from the underlying assets before those losses
affect outside investors. Examples of such items include
credit-enhancing interest-only strips and residual interests in securitization trusts.
Line Item M4

Equity securities.

Report in the appropriate subitem the total fair value of
all equity securities held for trading. Include equity
securities classified as trading with readily determinable
fair values as defined by ASC Topic 320, InvestmentsDebt and Equity Securities (formerly FASB Statement
No. 115, Accounting for Certain Investments in Debt and
Equity Securities), and those equity securities that are
outside the scope of ASC Topic 320.

Cash instruments.

Report the total fair value of structured financial products
that are cash instruments held for trading. A cash instrument means that the instrument represents a claim against
a reference pool of assets.
Line Item M2(b)

Line Item M3 Retained beneficial interests in
securitizations (first-loss or equity tranches).

September 2011

Line Item M4(a)

Readily determinable fair values.

Report the total fair value of all equity securities held for
trading that are within the scope of ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB
Statement No. 115, Accounting for Certain Investments
in Debt and Equity Securities).
Line Item M4(b)

Other.

Report the total fair value of all equity securities held for
trading other than those included in Schedule RC-D,
Memorandum item 7(a), above.
Line Item M5

Loans pending securitization.

Report the total fair value of all loans included in
Schedule RC-D, item 6, that are held for securitization
purposes. Report such loans in this item only if the
corporation expects the securitization transaction to be
accounted for as a sale under ASC Topic 860, Transfers
and Servicing (formerly FASB Statement No. 140,
Accounting for Transfers and Servicing of Financial
Assets and Extinguishments of Liabilities).
RC-D-5

DRAFT
Schedule RC-D

Line Item M6(a) Gross positive fair value of
commodity contracts.
Report the gross positive fair value of all commodity
contracts that the corporation holds for trading purposes.
Commodity contracts are contracts that have a return, or
a portion of their return, linked to the price of or to an
index of precious metals, petroleum, lumber, agricultural
products, etc.

RC-D-6

Line Item M6(b) Fair value of physical
commodities held in inventory.
Report the fair value of all physical commodities held in
inventory that the corporation holds for trading purposes.

Schedule RC-D

FR 2886B
September 2011

DRAFT
LINE ITEM INSTRUCTIONS FOR

Deposits
Schedule RC-E

General Instructions
This schedule must be completed only by banking Edge
corporations and banking agreement corporations.
The format of the deposit schedule is different from that
used for most other schedules of the report. This schedule
does not include IBF deposits. The term ‘‘deposits’’ is
defined in the Federal Deposit Insurance Act and in
Federal Reserve Regulation D. The most relevant sections are shown below. Please refer to the instructions
associated with Schedule RC-E and the glossary entry for
‘‘Deposits’’ in the FFIEC 031 for further detail.

Part I.

FDI Act definition of deposits:

(1) The unpaid balance of money or its equivalent
received or held by a bank in the usual course of
business and for which it has given or is obligated
to give credit, either conditionally or unconditionally,
to a commercial, checking, savings, time, or thrift
account, or which is evidenced by its certificate of
deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar name, or a
check or draft drawn against a deposit account
and certified by the bank, or a letter of credit or a
traveler’s check on which the bank is primarily
liable: provided, that, without limiting the generality
of the term ‘‘money or its equivalent,’’ any such
account or instrument must be regarded as evidencing the receipt of the equivalent of money when
credited or issued in exchange for checks or drafts or
for a promissory note upon which the person obtaining any such credit or instrument is primarily or
secondarily liable, or for a charge against a deposit
account, or in settlement of checks, drafts, or other
instruments forwarded to such bank for collection;
(2) Money received or held by a bank, or the credit given
for money or its equivalent received or held by a
bank, in the usual course of business for a special or
FR 2886b
Schedule RC-E

September 2011

specific purpose, regardless of the legal relationship
thereby established, including, without being limited
to, escrow funds, funds held as security for an
obligation due to the bank or others (including funds
held as dealers reserves) or for securities loaned by
the bank, funds deposited by a debtor to meet
maturing obligations, funds deposited as advance
payment on subscriptions to United States Government securities, funds held to meet its acceptances or
letters of credit, and withheld taxes: provided, that
there shall not be included funds which are received
by the bank for immediate application to the reduction of an indebtedness to the receiving bank, or
under condition that the receipt thereof immediately
reduces or extinguishes such an indebtedness;
(3) Outstanding draft (including advice or authorization
to charge bank’s or savings association’s balance
in another bank or savings association), cashier’s
check, money order, or other officer’s check issued in
the usual course of business for any purpose, including without being limited to those issued in payment
for services, dividends, or purchases; and
(4) Such other obligations of a bank or savings association as the Board of Directors (of the Federal Deposit
Insurance Corporation), after consultation with the
Comptroller of the Currency and the Board of Governors of the Federal Reserve System, shall find and
prescribe by regulation to be deposit liabilities by
general usage, except that the following shall not be a
deposit for any of the purposes of this Act or be
included as part of the total deposits or of an insured
deposit:
(a) Any obligation of a bank or savings association
which is payable only at an office of such bank or
savings association located outside of the States
of the United States, the District of Columbia,
Puerto Rico, Guam, American Samoa, the Trust
RC-E-1

DRAFT
Schedule RC-E

Territory of the Pacific Islands, the Virgin Islands
and the Northern Mariana Islands; and
(b) Any international banking facility deposit, including an international banking facility time deposit,
as such term is from time to time defined by the
Board of Governors of the Federal Reserve System in Regulation D or any successor regulation
issued by the Board of Governors of the Federal
Reserve System.

Part II. Transaction–nontransaction
deposit distinction:
The Monetary Control Act of 1980 and the current
Federal Reserve Regulation D, ‘‘Reserve Requirements
of Depository Institutions,’’ establish, for purposes of
Federal Reserve requirements on deposit liabilities, a
category of deposits designated as ‘‘transaction accounts.’’
All deposits that are not transaction accounts are ‘‘nontransaction accounts.’’
(1) Transaction accounts: With the exceptions noted
below, a ‘‘transaction account,’’ as defined in Regulation D and in these instructions, is a deposit or
account 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), a remote service
unit (RSU), or another electronic device, including
by debit card.

NOWS’’); (c) ATS accounts; and (d) telephone and
preauthorized transfer accounts, all as defined below.
Interest that is paid by the crediting of transaction
accounts is also included in transaction accounts.
(a) 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 depository institution does not reserve
the right to require at least seven days’ written
notice of an intended withdrawal. Demand deposits include any matured time deposits without
automatic renewal provisions, unless the deposit
agreement provides for the funds to be transferred at maturity to another type of account.
Effective July 21, 2011, demand deposits may be
interest-bearing or noninterest-bearing. Demand
deposits do not include: (i) money market deposit
accounts (MMDAs) or (ii) NOW accounts, as
defined below in this entry.
(b) NOW accounts are interest-bearing deposits (i) on
which the depository 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 (ii) that can be withdrawn or transferred to third parties by issuance of a negotiable
or transferable instrument.
NOW accounts, as authorized by federal law, are
limited to accounts held by:
(i) Individuals or sole proprietorships;

Excluded from transaction accounts are savings
deposits (both money market deposit accounts
(MMDAs) and other savings deposits) as defined
below in the nontransaction account category, even
though such deposits permit some third-party transfers. However, an account that otherwise meets the
definition of a savings deposit but that authorizes or
permits the depositor to exceed the transfer limitations specified for that account shall be reported as a
transaction account. (Please refer to the definition of
savings deposits for further detail.)

(ii) Organizations that are operated primarily for
religious, philanthropic, charitable, educational, or other similar purposes and that are
not operated for profit. These include organizations, partnerships, corporations, or associations that are not organized for profit and
are described in section 501(c)(3) through
(13) and (19) and section 528 of the Internal
Revenue Code, such as church organizations;
professional associations; trade associations;
labor unions; fraternities, sororities and similar social organizations; and nonprofit recreational clubs; or

Transaction accounts consist of the following types
of deposits: (a) demand deposits; (b) NOW accounts
(including accounts previously designated as ‘‘Super

(iii) Governmental units including the federal
government and its agencies and instrumentalities; state governments; county and

RC-E-2

Schedule RC-E

FR 2886b
September 2011

DRAFT
Schedule RC-E

municipal governments and their political
subdivisions; the District Of Columbia; the
Commonwealth of Puerto Rico, American
Samoa, Guam, and any territory or possession of the United States and their political
subdivisions.
Also included are the balances of all NOW
accounts of certain other nonprofit organizations that may not fall within the above
description but that had established NOW
accounts with the reporting institution prior
to September 1, 1981.
NOTE: There are no regulatory requirements with respect to minimum balances to
be maintained in a NOW account or to the
amount of interest that may be paid on a
NOW account.
(c) ATS accounts are deposits or accounts of individuals or sole proprietorships on which the
depository 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
depository 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.
Some institutions may have entered into agreements with their customers providing that in the
event the customer should overdraw a demand
deposit (checking) or NOW account, the institution will transfer from the customer’s savings
account an amount sufficient to cover the overdraft. The availability of the overdraft protection
plan would not in and of itself require that such a
savings account be regarded as a transaction
account provided that the overall transfer and
withdrawal restrictions of a savings deposit arenot
exceeded. Please refer to the definition of savings
deposit for further detail.
(d) Telephone or preauthorized transfer accounts
consist of deposits or accounts, other than savFR 2886b
Schedule RC-E

March 2008

ings deposits, (1) in which the entire beneficial
interest is held by a party eligible to hold a NOW
account, (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 withdrawals per
month or statement cycle (or similar period) of at
least four weeks 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 such withdrawals in a ‘‘month’’ (i.e., a
calendar month or any period approximating a
month that is at least four weeks long, such as a
statement cycle) 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:
(i) Deposits or accounts maintained in connection with an arrangement that permits the
depositor to obtain credit directly or indirectly through the drawing of a negotiable or
nonnegotiable check, draft, order or instruction or other similar device (including telephone or electronic order or instruction) on
the issuing institution that can be used for
the purpose of making payments or transfers to third parties or others, or to another
deposit account of the depositor.
(ii) The balance of deposits or accounts that
otherwise meet the definition of time deposits, but from which payments may be made
to third parties by means of a debit card, an
RC-E-3

DRAFT
Schedule RC-E

automated teller machine, remote service
unit or other electronic device, regardless of
the number of payments made.
However, an account is not a transaction account
merely by virtue of arrangements that permit
the following types of transfers or withdrawals,
regardless of the number:
(i) Transfers for the purpose of repaying loans
and associated expenses at the same depository institution (as originator or servicer).
(ii) Transfers of funds from this account to
another account of the same depositor at the
same depository institution when made by
mail, messenger, automated teller machine,
or in person.
(iii) Withdrawals for payment directly to the
depositor when made by mail, messenger,
automated teller machine, in person, or
by telephone (via check mailed to the depositor).
(2) Nontransaction accounts: All deposits that are not
transaction accounts (as defined above) are nontransaction accounts. Nontransaction accounts include:
(a) savings deposits ((i) money market deposit
accounts (MMDAs) and (ii) other savings deposits)
and (b) time deposits ((i) time certificates of deposit
and (ii) time deposits, open account). Regulation D
no longer distinguishes between money market
deposit accounts (MMDAs) and other savings deposits. However, these two types of accounts are defined
below for purposes of these reports.
(a) Savings deposits are deposits with respect to
which the depositor is not required by the deposit
contract but may at any time be required by the
depository 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.
The term 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,
RC-E-4

under the terms of the deposit contract or by
practice of the depository 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, and no more than three of the six such
transfers may be made by check, draft, debit card,
or similar order made by the depositor and payable
to third parties. Transfers from savings deposits
for purposes of covering overdrafts (overdraft
protection plans) are included under the withdrawal limits specified for savings deposits.
There are no regulatory restrictions on the following
types of transfers or withdrawals from a savings deposit
account, regardless of the number:
(1) Transfers for the purpose of repaying loans and
associated expenses at the same depository institution (as originator or servicer).
(2) Transfers of funds from this account to another
account of the same depositor at the same depository
institution when made by mail, messenger, automated teller machine, or in person.
(3) Withdrawals for payment directly to the depositor
when made by mail, messenger, automated teller
machine, in person, or by telephone (via check
mailed to the depositor).
Further, for a savings deposit account, no minimum
balance is required by regulation, there is no regulatory
limitation on the amount of interest that may be paid, and
no minimum maturity is required (although depository
institutions must reserve the right to require at least seven
days’ written notice prior to withdrawal as stipulated
above for a savings deposit).
Any depository institution may place restrictions and
requirements on savings deposits in addition to those
stipulated above. 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/
Schedule RC-E

FR 2886b
March 2008

DRAFT
Schedule RC-E

withdrawal rule or three-draft rule shall be reported as a
transaction account, as follows:
(1) If the depositor is ineligible to hold a NOW account,
such an account is considered a demand deposit.
(2) If the depositor is eligible to hold a NOW account,
the account will be considered either a NOW account,
a telephone or preauthorized transfer account, or an
ATS account:
(a) If withdrawals or transfers by check, draft, or
similar instrument are permitted or authorized,
the account is considered a NOW account.
(b) If withdrawals or transfers by check, draft, or
similar instrument are not permitted or authorized. the account is considered either an ATS
account or a telephone or preauthorized transfer
account.
Regulation D no longer distinguishes between money
market deposit accounts (MMDAs) and other savings
deposits. However, these two types of accounts are
defined as follows for purposes of these reports, which
call for separate data on each.

drawal. 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: The above 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.
Time deposits take two forms:
(1) Time certificates of deposits (including rollover certificates of deposit) are deposits evidenced by a
negotiable or nonnegotiable instrument, or a deposit
in book-entry form evidenced by a receipt or similar
acknowledgment issued by the bank, that provides,
on its face, that the amount of such deposit is payable
to the bearer, to any specified person, or to the order
of a specified person, as follows:
(a) on a certain date not less than seven days after the
date of deposit;

(1) Money market deposit accounts are deposits or
accounts that meet the above definition of a savings
deposit and that permit up to (but no more than) three
of six allowable transfers to be made by check, draft,
debit card or similar order made by the depositor and
payable to third parties.

(b) at the expiration of a specified period not less
than seven days after the date of the deposit; or

(2) Other savings deposits are deposits or accounts that
meet the definition of a savings deposit but that
permit no transfers by check, draft, debit card, or
similar order made by the depositor and payable to
third parties. Other savings deposits are commonly
known as passbook savings or statement savings
accounts.

(2) Time deposits, open account are deposits (other than
time certificates of deposit) for which there is in force
a written contract with the depositor that neither the
whole nor any part of such deposit may be withdrawn
prior to:

(b) Time deposits are deposits 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 with-

(b) the expiration of a specified period of written
notice of not less than seven days.

FR 2886b
Schedule RC-E

September 2011

(c) upon written notice to the bank which is to be
given not less than seven days before the date of
withdrawal.

(a) the date of maturity which shall be not less than
seven days after the date of the deposit; or

These deposits include those club accounts, such
as Christmas club and vacation club accounts,
that are made under written contracts that provide
that no withdrawal shall be made until a certain
number of periodic deposits has been made during a period of not less than three months, even
though some of the deposits are made within six
days of the end of such period.
RC-E-5

DRAFT
Schedule RC-E

Time deposits do not include the following categories of liabilities even if they have an original maturity of seven days or more:
(a) 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 shall be reported as savings
deposits; otherwise they shall be reported as
demand deposits.
(b) 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 time
deposits that meet the definition of a savings
deposit shall be reported as savings deposits;
otherwise they shall be reported as demand
deposits.

Part III. Interest-bearing/noninterestbearing deposit distinction:
(1) Interest-bearing deposit accounts consist of deposit
accounts on which the issuing depository institution
makes any payment to or for the account of any
depositor as compensation for the use of funds
constituting a deposit. Such compensation may be in
the form of cash, merchandise, or property or as a
credit to an account. An institution’s absorption of
expenses incident to providing a normal banking
function or its forbearance from charging a fee in
connection with such a service is not considered a
payment of interest.
Deposits with a zero percent interest rate that are
issued on a discount basis are to be treated as
interest-bearing. Deposit accounts on which the interest rate is periodically adjusted in response to changes
in market interest rates and other factors should be
reported as interest-bearing even if the rate has been
reduced to zero, provided the interest rate on these
accounts can be increased as market conditions
change.
RC-E-6

(2) Noninterest-bearing deposit accounts consist of
deposit accounts on which the issuing depository
institution makes no payment to or for the account of
any depositor as compensation for the use of funds
constituting a deposit. An institution’s absorption of
expenses incident to providing a normal banking
function or its forbearance from charging a fee in
connection with such a service is not considered a
payment of interest.
Noninterest-bearing deposit accounts include
(i) matured time deposits that are not automatically
renewable (unless the deposit agreement provides for
the funds to be transferred at maturity to another type
of account) and (ii) deposits with a zero percent
stated interest rate that are issued at face value.

Line Item Instructions
Line Item 1 Individuals, partnerships and
corporations (including certified and official checks).
Report in the proper columns all deposits, as defined in
the general definition of deposits at the beginning of this
schedule, made by or for the account of individuals,
partnerships and corporations, and all certified and official checks.
Deposits of individuals include those related to the
personal, household, or family activities of individuals,
and to the business activities of sole proprietorships. Also
included in this item are deposits of nongovernment
corporations, associations, or other organizations operated primarily for religious, philanthropic, charitable,
educational, fraternal, or other similar purposes and not
operated for a profit, and deposits of U.S. government
agencies and instrumentalities.
Deposits of partnerships, corporations, and other associations organized for profit including such organizations
engaged in commercial, industrial, financial, or other
activities in the United States or abroad. The following
institutions are examples of corporations and other profit
organizations to be included: building and loan associations; credit unions; mutual funds and all other financial
institutions (other than domestic and foreign commercial
banks); the Export Import Bank; federally-sponsored
lending agencies; foreign government-owned commercial and industrial enterprises; and quasi-government
organizations.
Certified and official checks include:
Schedule RC-E

FR 2886b
September 2011

DRAFT
Schedule RC-E

(1) Unpaid depositors checks that have been certified;

Line Item 1(b)

(2) Cashiers checks, money orders, or other officers’
checks issued for any purpose including those issued
in payment for services, dividends, or purchases that
are drawn on the reporting corporation by any of its
duly authorized officers and that are outstanding on
the report date;

Report all deposits of individuals, partnerships and corporations having non-U.S. addresses. For a detailed discussion of ‘‘addressees,’’ see Definitions.

(3) Funds received or held in connection with checks or
drafts drawn by the reporting corporation and drawn
on, or payable at or through, another depository
institution either on a zero-balance account or on 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 corporation only when
it has been advised that the checks or drafts have
been presented);
(4) Funds received or held in connection with traveler’s
checks and money orders sold (but not drawn) by the
reporting corporation, until the proceeds of the sale
are remitted to another party, and funds received or
held in connection with other such checks used (but
not drawn) by the reporting corporation, until the
amount of the checks is remitted to another party;
(5) Checks drawn by the reporting corporation on, or
payable at or through, a Federal Reserve Bank or a
Federal Home Loan Bank;
(6) Outstanding travelers’ letters of credit and other
letters of credit (less any outstanding drafts accepted
there under) issued for money or its equivalent by the
reporting corporation or its agents; and
(7) Outstanding drafts and bills of exchange accepted by
the reporting corporation or its agents for money or
its equivalent. This includes drafts accepted against a
letter of credit issued for money or its equivalent.
Reporting corporations with foreign branches should
include all checks or drafts drawn by, or on behalf of, a
foreign branch on an account maintained by such a
branch with a domestic office of the reporter. This would
include ‘‘London checks,’’ ‘‘Eurodollar bills payable
checks,’’ and any other credit item that the domestic
office issues in connection with such transactions.
Line Item 1(a) U.S. addressees (domicile).
Report all deposits of individuals, partnerships, and
corporations having U.S. addresses. For a detailed discussion of ‘‘addressees,’’ see Definitions.
FR 2886b
Schedule RC-E

September 2011

Non-U.S. addressees (domicile).

Line Item 2 Commercial banks and other
depository institutions in the U.S.
(excluding their IBFs).
Report in the proper columns deposits standing to the
credit of banking offices domiciled in the United States,
Puerto Rico, and in U.S. dependencies and insular possessions (including trust territories). Also report deposits of
U.S. branches and agencies of foreign banks and deposits
of U.S.-domiciled offices of New York Article XII investment companies that are majority-owned by one or more
foreign banks.
For purposes of this item, ‘‘banks’’ should include
national banks, state-chartered commercial banks, U.S.
branches or agencies owned by foreign banks or by
foreign banking institutions, trust companies performing
a commercial banking business, industrial banks, stock
savings banks, private banks (including regulatedcertified banks) performing a commercial banking business, and Edge and agreement corporations that are
domiciled in the United States, Puerto Rico, or U.S.
dependencies and possessions.
If the deposit account of a commercial bank or other
depository institution in the United States becomes overdrawn, the resulting net overdraft position (whether
unplanned or contractually agreed to in advance) is to be
reported as a loan to domestic commercial banks in
Item 1 of Schedule RC-C. See the Definitions section for
a discussion of the reporting of reciprocal balances.
For the appropriate treatment of deposits of depository
institutions for which the reporting corporation is serving
as a pass-through correspondent for federal required
reserves, see the Definitions section for ‘‘pass-through
reserve balances.’’ For the appropriate treatment of
deposits of depository institutions for which the reporting
corporation is acting as an agent for an excess balance
account at a Federal Reserve Bank, see the Definitions
section for ‘‘excess balance account.’’
Line Item 3

Banks in foreign countries.

Report in the proper columns deposits standing to the
credit of banking offices domiciled in foreign countries
(i.e., outside the United States, Puerto Rico, and U.S.
RC-E-7

DRAFT
Schedule RC-E

dependencies and insular possessions). This includes
all deposits of foreign-domiciled commercial banks, savings banks, discount houses, and other similar foreigndomiciled institutions that accept short term deposits.
Include deposits of foreign-domiciled banking subsidiaries of both U.S. banks and Edge and agreement corporations that are not related organizations. Also include
foreign-domiciled banking institutions that have U.S.
branches and agencies, but exclude the deposits of their
U.S. branches and agencies (to be reported in Item 2).
If the deposit account of a bank located in a foreign
country becomes overdrawn, the resulting overdraft,
whether unplanned or contractually agreed to in advance,
is to be reported as a loan to a foreign bank in Item 2 of
Schedule RC-C. See the Definitions section for a discussion of the reporting of reciprocal balances.

ments in foreign countries and to their ministries, departments, and agencies. Among these are treasuries, ministries of finance, central banks, development banks,
exchange control offices, stabilization funds, diplomatic
and other representative establishments, fiscal agents,
and nationalized banking and other banking institutions
that are owned by central governments and that have as
an important part of their function activities similar to
those of a treasury, central bank, exchange control office,
stabilization fund, etc. Also include deposits of international and regional institutions, such as the International
Bank for Reconstruction and Development, the Bank for
International Settlement, the Inter-American Development Bank, and the United Nations.
Line Item 5
Line Item 6

Not applicable.
Other.

Exclude deposits of foreign official institutions (to be
reported in Item 4, (Deposits of) ‘‘Foreign governments
and official institutions’’).

Report all deposits that cannot be properly reported in
one of the preceding Items. Included are such deposits as
those of the United States, its agencies and corporations,
and States and political subdivisions thereof.

Line Item 4 Foreign governments and official
institutions (including foreign central banks).

Line Item 7 Total deposits.
Enter the total of Items 1(a) through 6 above. The sum of
the columns A and B must equal the sum of Schedule
RC, Items 12(a) and 12(b) minus Item 12.

Report in the proper columns all deposits standing to
the credit of central, state, provincial, and local govern-

RC-E-8

Schedule RC-E

FR 2886b
September 2011

DRAFT
LINE ITEM INSTRUCTIONS FOR

Quarterly Average
Schedule RC-K
held for investment

General Instructions
This schedule must be completed only by banking Edge
corporations and banking agreement corporations.
Each banking office must compute a quarterly average
for each item below. The figures to be averaged are either
the amounts outstanding at the close of business for each
day of the calendar quarter, including the day for which
this report is prepared, or an average of the balances at
the close of business each Wednesday during the calendar quarter. For those days that the reporting institution is
not open for business (including Saturday and Sunday),
use the amount outstanding from the preceding business
day. The average balances relate to Schedule RC items.
And consequently, with the exception of average total
assets (Item 1(g)) exclude all claims on or liabilities to
related organizations.

Line Item Instructions
Line Item 1 Interest-bearing balances due from
depository institutions.
The definition of this item corresponds to Schedule RC,
Item 1(b).

Line Item 3
income.

Loans and leases, net of unearned

The definition of this item corresponds to Schedule RC,
Item 4(a).
Line Item 4

Interest-bearing deposits.

The definition of this item corresponds to Schedule RC,
Item 12(b).
Line Item 5 Federal funds purchased and
securities sold under agreements to repurchase.
The definition of this item corresponds to Schedule RC,
Item 13.
Line Item 6 Other borrowed money (including
mortgage indebtedness and obligations under
capital leases).
The definition of this item corresponds to Schedule RC,
Item 15.

Line Item 2 Federal funds sold and securities
purchased under agreements to resell.

Line Item 7

The definition of this item corresponds to Schedule RC,
Item 3.

The definition of this item corresponds to Schedule RC,
Item 11.

FR 2886b
Schedule RC-K

March 2008

Total assets.

RC-K-1

March 2018

DRAFT
LINE ITEM INSTRUCTIONS FOR

Derivatives and Off-Balance-Sheet Items
Schedule RC-L

General Instructions
This schedule must be completed by all Edge corporations and all agreement corporations.
References to the corresponding items in the FFIEC 031
instructions are contained in brackets.

Line Item Instructions
Line Item 1 Unused commitments on loans and all
other lines of credit.
Include the amount outstanding of securitized extensions
of credit to individuals for household, family, and other
personal expenditures arising from bank credit cards and
related plans.

Line Item 8 Commitments to purchase foreign
currencies and U.S. dollar exchange (spot, forward
and futures).
Report the gross amount (stated in U.S. dollars) of all
spot, forward and futures contracts that are outstanding
as of the report date committing the reporting bank to
purchase foreign (non-U.S.) currencies and U.S. dollar
exchanges. For purposes of completing this item, U.S.
dollar exchange refers to the amount of U.S. dollars
purchased in connection with the sale of another currency. Effectively, then, report in this item the U.S. dollar
equivalent of all currencies (whether U.S. or non-U.S. and
whether local or nonlocal) that were purchased in
exchange for another currency.

Line Item 2 Unused commitments on securities
underwriting.

Line Item 9 All other futures and forward contracts
(excluding contracts involving foreign exchange).

[Schedule RC-L, item 1.d.]

[Schedule RC-L, items 12.a and 12.b, columns A, C, and D]

Line Item 3 Financial standby letters of credit and
foreign office guarantees.

Line Item 10

[Schedule RC-L, item 2]
Line Item 4 Performance standby letters of credit
and foreign office guarantees.

Option contracts:

Line Item 10(a)

Written option contracts:

Line Item 10(a)(1))

Interest rate contracts.

[Schedule RC-L, items 12.c.(1) and 12.d.(1), column A]

[Schedule RC-L, item 3]
Line Item 10(a)(2)
Line Item 5
credit.

Commercial and similar letters of

Foreign exchange contracts.

[Schedule RC-L, items 12.c.(1) and 12.d.(1), column B]

[Schedule RC-L, item 4]

Line Item 10(a)(3)

Line Item 6

Not applicable.

[Schedule RC-L, items 12.c.(1) and 12.d.(1), column C]

Line Item 7

All other off-balance sheet liabilities.

Enter the total of all items for which the reporting
corporation is contingently liable and which cannot be
properly reported in other items of this schedule.
FR 2886b
Schedule RC-L

March 2009

Line Item 10(a)(4)
contracts.

Equity derivative contracts.

Commodity and other

[Schedule RC-L, items 12.c.(1) and 12.d.(1), column D]
RC-L-1

DRAFT
Schedule RC-L

Line Item 10(b)

Purchased option contracts:

Line Item 10(b)(1)

Interest rate contracts.

[Schedule RC-L, items 12.c.(2) and 12.d.(2), column A]

Line Item 11

Swaps (notional values):

Line Item 11(a))
swaps.

Notional value of interest rate

[Schedule RC-L, item 12.e, column A]
Line Item 10(b)(2)

Foreign exchange contracts.

[Schedule RC-L, items 12.c.(2) and 12.d.(2), column B]
Line Item 10(b)(3)

Equity derivative contracts.

[Schedule RC-L, items 12.c.(2) and 12.d.(2), column C]

Line Item 11(b) Notional value of foreign
exchange swaps (e.g., cross currency swaps).
[Schedule RC-L, item 12.e, column B]
Line Item 11(c)

Equity derivative swaps.

[Schedule RC-L, item 12.e, column C]
Line Item 10(b)(4)
contracts.

Commodity and other

[Schedule RC-L, items 12.c.(2) and 12.d.(2), column D]

RC-L-2

Line Item 11(d)

Commodity and other swaps.

[Schedule RC-L, item 12.e, column D]

Schedule RC-L

FR 2886b
March 2009

DRAFT
LINE ITEM INSTRUCTIONS FOR

Claims on and Liabilities to
Related Organizations
Schedule RC-M

General Instructions
This schedule must be completed by all Edge corporations and all agreement corporations.

in the appropriate equity capital or reserve account item
on the report submitted by the head office.
‘‘Gross due to’’ may arise from the following:

Schedule RC-M covers all transactions (including equity
investments) with ‘‘related’’ organizations. Related
organizations are defined in the Definitions section.

(1) funds placed on deposit at the reporting institution by
related organizations, whether payable on demand or
at the expiration of a specified maturity;

Report in Column A the gross amounts due from, and
in Column B the gross amounts due to, related organizations specified in the items listed below. Include all
amounts due to and due from related organizations
(including accrued interest), regardless of the nature of
the instruments or of the accounts that such amounts
reflect.

(2) borrowings from related organizations by the reporting institution, including funds advanced by a third
party to a related organization on behalf of the
reporting institution;

‘‘Gross due from’’ may arise from the following:
(1) funds placed on deposit by the reporting institution at
related organizations, whether payable on demand or
at the expiration of a specified maturity;
(2) funds advanced to related organizations by the
reporting institutions, including accrued interest on
such funds;
(3) sales of assets (including sales of participation in
assets) to related organizations;
(4) checks or drafts drawn by, or on behalf of, related
organizations on accounts maintained at the reporting
institution; and
(5) other claims on related organizations, such as those
resulting from clearing activities, foreign exchange
transactions, federal funds transactions, bankers
acceptance transactions, and other activities.
Reporting corporations with branch offices should also
include in this schedule any undivided profits and
reserves booked at branch offices. If the amounts are
negative, the head office should show them as liabilities
to the branch(es). These amounts should also be reflected
FR 2886b
Schedule RC-M

September 2011

(3) purchases of assets (including purchases of participation in assets) from related organizations;
(4) checks or drafts drawn by or on behalf of the
reporting institution on accounts maintained at related
organizations; and
(5) other liabilities to related organizations, such as those
resulting from clearing activities, foreign exchange
transactions, federal funds transactions, bankers
acceptance transactions, and other activities.
The schedule segregates institutions domiciled in the
United States from those domiciled outside the United
States (non-U.S.). For purposes of this schedule, institutions in the United States are restricted to those with
offices domiciled in the 50 states of the United States and
the District of Columbia. Offices domiciled either in a
foreign country, in Puerto Rico, or in a U.S. territory or
possession, are to be classified as domiciled outside the
United States (non-U.S.).
If the reporting office maintains required reserves with
the Federal Reserve through a related correspondent or
acts as a correspondent for any related organization, see
the Definitions section for the proper treatment of ‘‘passthrough’’ balances. For the appropriate reporting treatment of excess balance accounts for which the reporting
corporation is an agent for an excess balance account at a
RC-M-1

DRAFT
Schedule RC-M

Federal Reserve Bank, see the Definitions section for
‘‘excess balance account.’’

Line Item 2(b)
organizations.

Line Item Instructions

Report the amount outstanding due to/due from non-U.S.
offices of this reporting Edge corporation’s majorityowned non-U.S. nonbanking subsidiaries.

Line Item 1 Related organizations domiciled in the
United States (including related IBFs).
Line Item 1(a) U.S. offices of parent bank and
other U.S. related banks.
Report the amount outstanding due to/due from all U.S.
offices of: (1) the reporting corporation’s parent bank,
and (2) other related U.S. banks, including related IBFs.
If the corporation is not owned by a U.S. or foreign bank,
enter ‘‘none.’’
Line Item 1(b)
organizations.

U.S. offices of other related

Report the amount outstanding due to/due from U.S.
offices of this reporting Edge corporation, including
transactions with any of its majority-owned U.S. nonbanking subsidiaries.

Line Item 3

Non-U.S. offices of other related

Total.

Report in Columns A and B the sum of Items 1(a) and
1(b) and 2(a) and 2(b) above. The amount reported in
Column A must equal Schedule RC, Item 10, and the
amount reported in Column B must equal Schedule RC,
Item 20.
Line Item 4 Total loans participated to related
organizations.
Report the total amount of loans outstanding that have
been participated to related organizations (and not
included in Item 3 above) where the reporting corporation is the managing agent or is otherwise acting as
servicer of the transaction for participating related organizations. Related organizations are defined in the Definitions section.

Line Item 2 Related organizations domiciled
outside the United States.

Memorandum

Line Item 2(a) Non-U.S. offices of parent bank and
other related U.S. banks.

Line Item M1 Amount of equity investments in
related organizations.

Report the amount outstanding due to/due from all
non-U.S. offices of: (1) the reporting corporation’s parent
bank, and (2) other related U.S. banks. If the corporation
is not owned by a U.S. or foreign bank, enter ‘‘none.’’

Enter the amount of equity investments in related organizations. The amounts should be derived using the equity
method of accounting, and should be included in the
appropriate line item(s) in Column A.

RC-M-2

Schedule RC-M

FR 2886b
September 2011

DRAFT
LINE ITEM INSTRUCTIONS FOR

Past Due and Nonaccurual Loans,
Leases and Other Assets
Schedule RC-N

General Instructions
This schedule must be completed by all Edge corporations and all agreement corporations.
The reporting corporation should report all loans, lease
financing receivables and any other assets booked at the
head office and any consolidated offices that are past
due or are in nonaccrual status, regardless of whether
such credits are secured or unsecured and regardless
of whether they are guaranteed by others. 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 RC-C. Report the full
outstanding balances of loans or other assets that are past
due or in nonaccrual status, not simply the delinquent
payments. Include such assets as debt securities and
interest-bearing balances due from depository institutions. Exclude other real estate owned and other repossessed assets, such as automobiles, boats, equipment,
appliances, and similar personal property.

Past Due
For the purposes of this report, grace periods allowed by
the corporation after a loan technically has become past
due but before the imposition of late charges are not to be
considered in determining past due status. Furthermore,
loans, lease financing receivables and other assets are to
be reported as past due when either interest or principal is
unpaid in the following circumstances:
(1) Closed-end monthly installment loans and lease
financing receivables are to be reported as past due
when the borrower is in arrears two or more monthly
payments. (Thirty days may be used as a proxy for
a month.) Other multipayment obligations with
payments scheduled other than monthly are to be
reported as past due when one scheduled payment
is due and unpaid for 30 days or more.
FR 2886b
Schedule RC-N

March 2008

(2) Open-end credit such as check credit and other
revolving credit plans are to be reported as past due
when the customer has not made the minimum
payment for two or more billing cycles.
(3) Amortizing real estate loans are to be reported as past
due when the borrower is in arrears two or more
monthly payments. (Reporters may use 30 days as a
proxy for a month if they prefer.) Such obligations
with payments scheduled other than monthly are to
be reported as past due when one scheduled payment
is due and unpaid for 30 days or more.
(4) Single payment and demand notes providing for the
payment of interest at stated intervals are to be
reported as past due after one interest payment is due
and unpaid for 30 days or more.
(5) Single payment notes providing for the payment of
interest at maturity are to be reported as past due after
maturity if interest or principal remains unpaid for 30
days or more.
(6) Unplanned overdrafts are to be reported as past due if
the account remains continuously overdrawn for 30
days or more.
For purposes of this report, a full payment in computing
past due status for consumer installment loans (both
closed-end and open-end) is defined to include a partial
payment equivalent to 90 percent or more of the contractual payment.
Note: The time period used for reporting past due status
as indicated above may not in all instances conform
to those used by federal bank regulators in bank
examinations.

Nonaccrual
For the purposes of this report, loans, lease financing
receivables and any other assets are to be reported as
RC-N-1

DRAFT
Schedule RC-N

being in nonaccrual status if: (1) they are maintained on a
cash basis because of deterioration in the financial position of the borrower, (2) payment in full of interest or
principal is not expected, or (3) principal or interest has
been in default for a period of 90 days or more unless the
obligation is both well-secured and in the process of
collection. A nonaccrual asset may be restored to an
accrual status when none of its principal or interest is due
and unpaid or when it otherwise becomes well-secured
and is in the process of collection.
For purposes of applying the third test for the nonaccrual
of interest listed above, the date on which an asset
reaches nonaccrual status is determined by its contractual
terms. If the principal or interest on an asset becomes due
and unpaid for 90 days or more on a date that falls
between report dates, the asset should be placed in
nonaccrual status as of the date it becomes 90 days past
due and should remain in nonaccrual status until it meets
the criteria for restoration to accrual status described
above.
A debt is ‘‘well-secured’’ if it is secured (1) by collateral
in the form of liens on, or pledges of, real or personal
property, including securities, that have a realizable value
sufficient to discharge the debt in full, or (2) by the
guarantee of a financially responsible party. A debt is
‘‘in the process of collection’’ if collection of the debt
is proceeding in due course either through legal action,
including judgment enforcement procedures, or, in
appropriate circumstances, through collection efforts that
do not involve legal actions, provided they are reasonably expected to result in repayment of the debt or in its
restoration to a current status.
For purposes of this report, a troubled debt restructuring
is a restructuring of a loan in which the corporation, for
economic or legal reasons related to a borrower’s financial difficulties, grants a concession to the borrower that it
would not otherwise consider. For purposes of this report,
the concession consists of a modification of terms, such
as a reduction of the loan’s stated interest rate, principal,
or accrued interest or an extension of the loan’s maturity
date at a stated interest rate lower than the current market
rate for new debt with similar risk, regardless of whether
the loan is secured or unsecured and regardless of
whether the loan is guaranteed by the government or by
others.
Once an obligation has been restructured in a troubled
debt restructuring, it continues to be considered a troubled
RC-N-2

debt restructuring until paid in full or otherwise settled,
sold, or charged off. However, if a restructured obligation
is in compliance with its modified terms and the restructuring agreement specifies an interest rate that at the time
of the restructuring is greater than or equal to the rate that
the corporation was willing to accept for a new extension
of credit with comparable risk, the loan need not continue
to be reported as a troubled debt restructuring in calendar
years after the year in which the restructuring took place.
A loan extended or renewed at a stated interest rate equal
to the current interest rate for new debt with similar risk
is not considered a troubled debt restructuring. Also, a
loan to a third-party purchaser of ‘‘other real estate
owned’’ by the reporting corporation for the purpose of
facilitating the disposal of such real estate is not considered a troubled debt restructuring.

Item Instructions
Report in Items 1 and 2 the full outstanding balances (not
just delinquent payments) of loans, lease financing
receivables and any other assets that are past due and
upon which the corporation continues to accrue interest,
as follows:
Line Item 1
accruing.

Past due 30–89 days and still

Report any loans, lease financing receivables and any
other assets that are past due 30–89 days (as defined
above) and still accruing.
Line Item 2
accruing.

Past due 90 days or more and still

Report the loans, lease financing receivables and any
other assets as specified above on which payment is due
and unpaid for 90 days or more.
Exclude from Items 1 and 2 all loans, lease financing
receivables and any other assets that are on a nonaccrual
status.
Line Item 3

Nonaccrual.

Report the outstanding balances of loans, leases and
other assets that are in nonaccrual status. However,
restructured loans with a zero percent effective interest
rate are not to be reported on this line as nonaccrual
loans, leases and other assets.
Schedule RC-N

FR 2886b
March 2011

DRAFT
Schedule RC-N

Item 4

Total.

Enter the total of Items 1 through 3.
Memorandum Item 1 Loans restructured in
troubled debt restructurings included in Item 4
above.

their modified terms are past due 30 days or more or are
in nonaccrual status as of the report date. Such loans will
have been included in one or more lines of this schedule.
Include all loans to individuals for household, family, and
other personal expenditures and all loans secured by 1–4
family residential properties.

Report the outstanding balances of loans restructured in
troubled debt restructurings (as defined above) that under

FR 2886b
Schedule RC-N

March 2011

RC-N-3

DRAFT
LINE ITEM INSTRUCTIONS FOR

Risk-Based Capital
Schedule RC-R

General Instructions
This schedule must be completed only by banking Edge
corporations and banking agreement corporations.
Effective January 1, 1993, banking Edge corporations
became subject to risk-based capital requirements under
Section 211.12(c) of Regulation K. Banking Edge corporations must maintain a minimum ratio to weighted risk
assets of at least 10 percent, of which at least 50 percent
must consist of Tier 1 capital. This differs from the
8 percent required minimum ratio for state member
banks. Furthermore, Edge corporations, in contrast to
state member banks, have no limitation as to the amount
of subordinated debt that qualifies as Tier 2 capital. With
the exception of the preceding two distinctions, Edge
corporations must comply with all other aspects of the
Capital Adequacy Guidelines for state member banks.
Please refer to the instructions on risk-based capital and
associated optional risk-based capital worksheet in the
FFIEC 031 for further guidance.

Line Item Instructions
Line Item 1 Tier 1 capital allowable under the
risk-based capital guidelines;
Report the amount of Tier 1 capital less deductions, that
is allowable under the risk-based capital guidelines of
state member banks. Tier 1 capital should be measured in
accordance with the definition of total capital in the
risk-based capital guidelines.
Tier 1 (core) capital for banks consists of:
(1) common stockholders’ equity capital;
(2) noncumulative perpetual preferred stock and any
related surplus; and
(3) minority interests in equity capital accounts of consolidated subsidiaries, less goodwill, other disallowed intangible assets, disallowed deferred tax
FR 2886b
Schedule RC-R

March 2008

assets, and any other amounts that are deducted in
determining Tier 1 capital in accordance with the
capital standards issued by the reporting bank’s
primary federal supervisory authority.
NOTE: For risk-based capital purposes, common stockholders’ equity capital includes any net unrealized holding losses on available-for-sale equity securities with
readily determinable fair values, but excludes other net
unrealized holding gains (losses) on available-for-sale
securities.
Generally, Tier 1 capital for Edge corporations should
correspond to the above definition.
Line Item 2 Tier 2 capital allowable under the
risk-based capital guidelines;
Report the amount of Tier 2 capital, less deductions, that
is allowable under the risk-based capital guidelines. This
amount should be measured in accordance with the
definition of total capital in the risk-based capital guidelines (except for the treatment of subordinated debt as
mentioned above).
Tier 2 capital for banks consists of:
(1) cumulative perpetual preferred stock and any related
surplus;
(2) long-term preferred stock (original maturity of
20 years or more) and any related surplus (discounted
for capital purposes as it approaches maturity);
(3) auction rate and similar preferred stock (both cumulative and noncumulative);
(4) hybrid capital instruments (including mandatory convertible debt securities);
(5) term subordinated debt and intermediate-term preferred stock (original weighted average maturity of
RC-R-1

DRAFT
Schedule RC-R

five years or more) to the extent of 50 percent of
Tier 1 capital (and discounted for capital purposes as
they approach maturity); and
(6) the allowance for loan and lease losses (limited to the
lesser of the balance of the allowance account or
1.25 percent of risk-weighted assets).
In addition, Tier 2 capital is limited to 100 percent of
Tier 1 capital.
Line Item 3 Subordinated debt allowable as Tier 2
(i.e., weighted average maturity of at least 5 years
included in item 2 above).
Report the outstanding amount of subordinated debt and
other limited life instruments. These capital instruments
must have an original weighted average maturity of at
least five years and otherwise be eligible for inclusion in
Tier 2 capital as discussed in the risk-based capital
guidelines.
Line Item 4 Total qualifying capital (i.e., Tier 1
and Tier 2 capital) allowable under the risk-based
capital guidelines.
Report the amount of total capital, that is, Tier 1 plus
Tier 2 capital less deductions, that is allowable under the

RC-R-2

risk-based capital guidelines (sum of items 1 and 2
above).

Line Item 5 Total risk-weighted assets and credit
equivalent amounts of off-balance sheet items.
The total represents the aggregate of the total riskweighted assets and credit equivalent amounts of offbalance sheet items assigned to the 0, 20 and 50 and
100 percent risk categories. Please refer to instructions
on Schedule RC-R of FFIEC 031.

Line Item 6 Credit equivalent amounts of
off-balance sheet items included in item 5 above.
The total represents the aggregate of the credit equivalent amounts of off-balance sheet items assigned to the
0, 20 and 50 and 100 percent risk categories. Please refer
to instructions on Schedule RC-R of FFIEC 031.

Schedule RC-R

FR 2886b
March 2008

DRAFT
LINE ITEM INSTRUCTIONS FOR

Branch Schedule of Selected
Items—Non-Consolidated
Schedule RC-V

General Instructions

Line Item 3

This schedule must be completed only by banking Edge
corporations and banking agreement corporations that
have branch offices.

This item includes credit extensions and balances with
related organizations (see related organizations in Definitions section). Do not net claims on related organizations
with liabilities to related organizations.

For the purposes of this schedule, all banking Edge
corporations and all banking agreement corporations
that have branch offices must complete Schedule RC-V
for the head office and each branch on a non-consolidated
basis. Items reported in this schedule reflecting balances
of the head office separately should include balances of
the IBF of only the head office. Items reported in this
schedule reflecting balances of a branch office should
include balances of the IBF of only that branch office.
Banking Edge corporations and banking agreement corporations with no branch offices should not complete this
schedule.

Line Item Instructions
Line Item 1 Cash and balances due from
depository institutions.
Report the amount of currency and coin, cash items in
process of collection and balances with depository institutions and central banks included in Schedule RC-A,
Item 5. Refer to the instructions for Schedule RC-A for
further guidance.

held for investment
and held for sale
Line Item 2 Loans and lease financing receivables,
net of unearned income.

Report in this item all loans, including real estate loans,
commercial and industrial loans, loans to individuals, and
loans to foreign governments and official institutions.
This is to be reported net of unearned income and before
adjustment for allowances for loan and lease losses.
Refer to the instructions for Schedule RC-C for further
guidance.
FR 2886b
Schedule RC-V

March 2008

March 2018

Line Item 4

Gross claims on related organizations.

Total assets.

This item is the sum of all claims on non-related organizations and claims on related organizations. See Definitions section for discussion of items included in total
assets for the purposes of this report.
Line Item 5

Total deposits.

Include as deposits (1) those liabilities readily identifiable by name and definition as deposits, (2) all liabilities
identical to those described under Schedule RC-E but
having different names in foreign countries, (3) liabilities
that, owing to law, custom, or banking practice in foreign
countries, have characteristics analogous to those defined
in Schedule RC-E; and (4) every other liability treated as
a deposit by law, custom or banking practice in the
country in which the liability is booked. This item should
exclude any liabilities to related organizations.
Line Item 6 Gross liabilities to related
organizations.
This item includes all balances due to related organizations, wherever located (see related organizations in
Definitions section). Do not net liabilities to related
organizations with claims on related organizations in
completing this schedule.
Line Item 7
credit.

Commercial and similar letters of

Enter the total unused balances of all outstanding irrevocable commercial letters of credit, travelers’ letters of
credit, and all similar letters of credit that have been
RC-V-1

DRAFT
Schedule RC-V

issued or confirmed by the reporting corporation or the
agents except those issued for money or its equivalent
(report as demand deposits) or that have been accepted
by the reporting corporation, or ‘‘standby letter’’ (see
Item 8 below).
Item 8

Guarantees and standby letters of credit.

Report the amount of outstanding and unused guarantees
issued by the reporting corporation or its agents guaranteeing customers’ debts or otherwise agreeing for a
customer’s benefit to make payments on the occurrence
of readily ascertainable events, regardless of the form of

RC-V-2

guarantee, including those issued in the form of letters
of credit (so-called ‘‘standby letters’’) or letters of indemnity. Any standby letters of credit should be reported
gross of any amounts participated to others. Participating
organizations other than the originating institutions should
report only their shares in the potential extension of
credit under the standby letter of credit. In the case of a
syndicated standby letter of credit where each holder has
a direct obligation to the beneficiary, each reporting
corporation should report only its share of the syndication. Exclude letters of credit that are covered by pledged
deposits.

Schedule RC-V

FR 2886b
March 2008

DRAFT

Definitions for
FR 2886b Instructions

The following terms are employed frequently in these
instructions and are defined as follows:
Acceptances Executed by the Reporting Corporation
With the exceptions described below, the accepting
corporation (i.e., the corporation on whom the draft is
drawn) must report on its balance sheet the full amount of
the acceptance in both (1) the liability item, ‘‘Other
liabilities,’’ (Schedule RC, Item 18, reflecting the accepting corporation’s obligation to put the holder of the
acceptance in funds (to pay the holder the full amount of
the draft) at maturity, and (2) the asset item, ‘‘Other
assets’’ (Schedule RC, Item 8), reflecting the customers’
liability to put the accepting bank in funds at maturity.
Exceptions to the mandatory reporting by the accepting
corporation of the full amount of all outstanding drafts
accepted by the reporting corporation in both Item 18 and
Item 8 on the balance sheet occur in the following
situations:
(1) One exception occurs in situations where the accepting corporation acquires—through initial discounting
or subsequent purchase—and holds its own acceptance (that is, a draft that it has itself accepted). In
this case, its own acceptances that are held by it will
not be reported in the liability and asset items noted
above (that is, Schedule RC, Items 8 and 18). The
corporation’s own acceptances held will be reported
under ‘‘Loans and leases, net of unearned income’’
(Schedule RC, Item 4(a), and the appropriate item in
Schedule RC-C).
held for investment and
(2) Another exception occursheld
in situations
for sale where the
account party anticipates its liability to the reporting
corporation on an acceptance outstanding by making
a payment to the corporation that reduces the customers’ liability in advance of the maturity of the acceptance. In this case, the reporting corporation will
decrease ‘‘Other assets’’ (Schedule RC, Item 8), by
FR 2886b
Definitions

March 2008

the amount of such prepayment; the prepayment will
not affect ‘‘Other liabilities’’ (Schedule RC, Item 18),
which would continue to reflect the full amount of
the acceptance until the maturity date specified in the
instrument. If the account party’s payment to the
accepting corporation before the maturity date is not
for the purpose of immediate reduction of its indebtedness to the reporting bank or if receipt of the
payment does not immediately reduce or extinguish
that indebtedness, such payment will not reduce
‘‘Other assets’’ (Schedule RC, Item 8), but should be
reflected in the corporation’s deposit liabilities in
Schedule RC-E.
In all situations other than these two exceptions just
described, the accepting corporation must report the full
amount of its acceptances in its liability item 18, and in
its asset item 8. There are no other circumstances in
which the accepting corporation can report as a balance
sheet liability anything less than the full amount of the
obligation to put the holder of the acceptance in funds at
maturity. Moreover, there are no circumstances in which
the reporting corporation can net its acceptance assets
against its acceptance liabilities.
NOTE: The amount of a corporation’s acceptances that
are subject to limitations on eligible acceptances, as set
forth in Federal Reserve regulation 12 CFR 211.6(a),
may differ from the required reporting of acceptances on
the balance sheet, as described above. These differences
are mainly attributable to ineligible acceptances, to participation in the reporting corporation’s acceptances conveyed to others, and to participation acquired by the
reporter in other banks’ acceptances.
‘‘Participations’’ in Acceptances
The general requirement for the accepting corporation to
report on its balance sheet the full amount of the total
obligation to put the holder of the acceptance in funds
applies also, in particular, to any situation in which the
DEF-1

March 2018

DRAFT
Definitions

accepting corporation enters into any kind of arrangement with others for the purpose of having the latter
share, or participate, in the obligation to put the holder of
the acceptance in funds at maturity. In any such sharing
arrangement or participation agreement—regardless of
its form or its contract provisions, regardless of the
terminology (e.g., ‘‘funded,’’ ‘‘risk,’’ ‘‘unconditional,’’ or
‘‘contingent’’) used to describe it and the relationships
under it, regardless of whether it is described as a
participation in the customer’s liability or the accepting
corporation’s obligation, and regardless of the system of
debits and credits used by the accepting corporation to
reflect the participation arrangement—the existence of
the participation or other agreement does not reduce its
obligation to honor the full amount of the acceptance at
maturity nor change the requirement to report the full
amount of the acceptance in the liability and asset items
referenced above.
The existence of such participations is not to be recorded
on the balance sheet of the accepting corporation that
conveys shares in its obligation to put the holder of the
acceptance in funds or on the balance sheets of the other
parties that acquire such participation. However, in such
cases of agreements to participate, both the accepting
party conveying the participation to others and the
party acquiring the participation from the accepting
organization, must report the amounts of such participation in the appropriate memorandum item of the report
form.
Acceptances Owned by the Reporting Corporation
The treatment of acceptances owned or held by the
reporting corporation (whether acquired by initial discount or subsequent purchase) depends upon whether the
acceptances held have been accepted by the reporting
corporation or by others.

stems from the fact that, for other banks’ acceptances, the
holding bank’s immediate claim is on the accepting bank,
regardless of the account party or of the purpose of the
loan. On the other hand, for its holdings of its own
acceptances, the bank’s immediate claim is on the
account party named in the accepted draft.
Addressees (Domicile)
Certain items in this report apply only to customers in the
United States or to customers in foreign countries. Other
items distinguish between U.S. and foreign ‘‘addressees.’’
Where applicable, the U.S./non-U.S. distinction should
reflect the reporting corporation’s contribution to similar
balances shown on its parent bank’s Consolidated (foreign and domestic) Report of Condition.
Whether a customer is ‘‘U.S.’’ or ‘‘foreign’’ shall be
determined by the customer’s principal address (its domicile). ‘‘U.S.’’ addressees include residents of any of the 50
states of the United States, the District of Columbia,
Puerto Rico, and U.S. dependencies and insular possessions (including trust territories). ‘‘Foreign’’ and ‘‘nonU.S.’’ addressees include residents of all other geographic
areas. The distinction between a U.S. customer and a
foreign (or non-U.S.) customer should be based on the
principal address or domicile of the direct obligor or direct
depositor regardless of the domicile of any guarantor.
In some cases, the ‘‘account address’’ used for correspondence, etc., is different from the customer’s principal
address or domicile. In such cases, the corporation should
look behind the account address to other information in its
files or should make reasonable efforts to ascertain the
customer’s principal address or domicile from sources
outside the corporation. Only if the customer’s domicile is
not readily ascertainable from the reporter’s own files, or
from other sources, may the account address be used for
determining whether a customer is ‘‘U.S.’’ or ‘‘foreign.’’

The reporting corporation’s holdings of other banks’
acceptances are to be reported as loans to banks and
included in Item 1 or 2 on Schedule RC-C. On the other
hand, the corporation’s holdings of its own acceptances
are to be reported according to the account party of the
draft. Thus, for example, holdings of own acceptances for
which the account parties are commercial or industrial
enterprises are to be reported in Schedule RC-C in ‘‘Commercial and industrial loans’’ (Schedule RC, Item 4).

Annuity

The difference in treatment between holdings of own
acceptances and holdings of other banks’ acceptances

For purposes of this report, a commercial bank is any
legal entity chartered as a commercial bank and/or trust

DEF-2

An investment product, typically underwritten by an
insurance company, that pays either a fixed or variable
payment stream over a specified period of time. Both
proprietary and private label mutual funds and annuities
are established in order to be marketed primarily to a
corporation’s customers.
Commercial Banks in the U.S.

Definitions

FR 2886b
March 2008

DRAFT
Definitions

company by the U.S. or a unit of government of the U.S.,
or a private or industrial bank engaged in banking, and
located in the U.S. (exclude any foreign branches thereof).
For this report, include (unless specified separately)
(1) U.S. agencies and branches of foreign banks; (2) Edge
and agreement corporations that are organized under
provisions of Section 25 or 25(a) of the Federal Reserve
Act; and (3) investment companies engaged in banking
and chartered under Article XII by the State of New York
that are majority-owned by one or more foreign banks or
by foreign official institutions.
Excess Balance Account: An excess balance account
(EBA) is a limited-purpose account at a Federal Reserve
Bank established for maintaining the excess balances of
one or more depository institutions (participants) that are
eligible to earn interest on balances held at the Federal
Reserve Banks. An EBA is managed by another depository institution that has its own account at a Federal
Reserve Bank (such as a participant’s pass-through correspondent) and acts as an agent on behalf of the
participants. Balances in an EBA represent a liability of a
Federal Reserve Bank directly to the EBA participants
and not to the agent. The Federal Reserve Banks pay
interest on the average balance in the EBA over a 7-day
maintenance period and the agent disburses that interest
to each participant in accordance with the instructions of
the participant. Only a participant’s excess balances may
be placed in an EBA; the account balance cannot be used
to satisfy the participant’s reserve balance requirements
or contractual clearing agreements.
The reporting of an EBA by participants and agents
differs from the required reporting of a pass-through
reserve relationship, which is described in the Definitions
section for ‘‘pass-through reserve balances.’’
A participant’s balance in an EBA is to be treated as a
claim on a Federal Reserve Bank (not as a claim on the
agent) and, as such, should be reported on the balance
sheet in Schedule RC, item 1(b), ‘‘Interest-bearing balances’’ due from depository institutions. For risk-based
capital purposes, the participant’s balance in an EBA is
accorded a zero percent risk weight. A participant should
not include its balance in an EBA in Schedule RC, item 3,
‘‘Federal funds sold.’’
The balances in an EBA should not be reflected as an
asset or a liability on the balance sheet of the depository
institution that acts as the agent for the EBA. Thus, the
agent should not include the balances in the EBA in
FR 2886b
Definitions

September 2011

Schedule RC, item 1(b), ‘‘Interest-bearing balances’’ due
from depository institutions; Schedule RC, item 12(b),
‘‘Total Interest-bearing deposits’’; or Schedule RC-A,
item 4, ‘‘Balances due from Federal Reserve Banks.’’
Federal Funds Transactions
Provided below are definitions of various terms that are
used in the instructions for Schedule RC, Item 3 and
Item 13.
Immediately Available Funds
Funds that the purchasing corporation can either use or
dispose of on the same business day that the transaction
giving rise to the receipt of the funds is executed (or, in
the case of lending resulting from previous commitments
to lend, when the transaction giving rise to the disposal of
funds is effective).
One-day Transactions
Transactions made on one business day to mature on the
next business day, including those made on Friday to
mature on Monday, and those made on the last business
day prior to a holiday (for either or both parties to the
transaction) that mature on the first business day after the
holiday.
Continuing Contracts
Agreements, regardless of the terminology used, that
remain in effect for more than one business day but that
have no specified maturity and do not require advance
notice of the lender or borrower to terminate. Such
contracts may also be known as ‘‘roll-overs’’ or as
‘‘open-ended agreements.’’
Foreign
According to Federal Reserve Regulation K, ‘‘foreign’’
or ‘‘foreign country’’ refers to one or more foreign
nations, and includes the overseas territories, dependencies, and insular possessions of those nations and of the
United States, and the Commonwealth of Puerto Rico.
Mutual Fund
The common name for an open-end investment company
whose shares are sold to the investing public.
Offsetting
Offsetting is the reporting of assets and liabilities on a net
basis in Schedule RC. Reporting corporations are permitted to offset assets and liabilities recognized in the
DEF-3

DRAFT
Definitions

balance sheet when a ‘‘right of setoff’’ exists. Under ASC
Subtopic 210-20, Balance Sheet – Offsetting (formerly
FASB Interpretation No. 39, Offsetting of Amounts
Related to Certain Contracts), a right of setoff exists
when all of the following conditions are met:
(1) Each of two parities owes the other determinable
amounts. Thus, only bilateral netting is permitted.
(2) The reporting party has the right to set off the amount
owed with the amount owed by the other party.
(3) The reporting party intends to set off. This condition
does not have to be met for fair value amounts
recognized for conditional or exchange contractsthat have been executed with the same counterparty
under a master netting arrangement.
(4) The right of setoff is enforceable at law. Legal
constraints should be considered to determine whether
the right of setoff is enforceable. Accordingly, the
right of setoff should be upheld in bankruptcy (or
receivership). Offsetting is appropriate only if the
available evidence, both positive and negative, indicates that there is a reasonable assurance that the
right of setoff would be upheld in bankruptcy (or
receivership).
According to ASC Subtopic 210-20, for forward, interest
rate swap, currency swap, option, and other conditional
and exchange contracts, a master netting arrangement
exists if the reporting corporation has multiple contracts,
whether for the same type of conditional or exchange
contract or for different types of contracts, with a single
counterparty that are subject to a contractual agreement
that provides for the net settlement of all contracts
through a single payment in a single currency in the event
of default or termination of any one contract.
Offsetting the assets and liabilities recognized for conditional or exchange contracts outstanding with a single
counterparty results in the net position between the two
counterparties being reported as an asset or a liability
on the balance sheet. The reporting entity’s choice to
offset or not to offset assets and liabilities recognized
for conditional or exchange contracts must be applied
consistently.
Offsetting of assets and liabilities is also permitted
by other accounting pronouncements identified in ASC
Subtopic 210-20. These pronouncements apply to such
items as leveraged leases, pension plan and other
DEF-4

postretirement benefit plan assets and liabilities, and
deferred tax assets and liabilities. In addition, ASC
Subtopic 210-20, Balance Sheet – Offsetting (formerly
FASB Interpretation No. 41, Offsetting of Amounts
Related to Certain Repurchase and Reverse Repurchase
Agreements), describes the circumstances in which
amounts recognized as payables under repurchase agreements may be offset against amounts recognized as
receivables under reverse repurchase agreements and
reported as a net amount in the balance sheet. The
reporting entity’s choice to offset or not to offset payables
and receivables under ASC Subtopic 210-20 must be
applied consistently. See also ‘‘reciprocal balances’’
below.
Participation
The issue of appropriate reporting treatment (i.e., as a
sale or as a borrowing) arises particularly in the case of
participation. No single statement can be made about the
required reporting treatment of ‘‘participation’’ in general, since the term ‘‘participation’’ is used in connection
with a number of quite different arrangements. For
example, it may refer to shares in a single loan, shares in
a single financing, shares in a pool of similar loans,
shares in a pool of dissimilar loans, or shares in liabilities, or risks, etc. Refer to the FFIEC 031 Glossary entry
for ‘‘Transfers of Financial Assets’’ for further information.
Reciprocal Balances
Reciprocal balances arise when two depository institutions maintain deposit accounts with each other; that is,
when a reporting corporation has both a due to and a due
from balance with another depository institution.
For purposes of the balance sheet, reciprocal balances
between the reporting bank and other depository institutions may be reported on a net basis when a right of setoff
exists. See the definition of ‘‘offsetting’’ above for the
conditions that must be met for a right of setoff to exist.
Related Organizations
For purposes of this report, include (1) any organization
that directly or indirectly holds the majority of the voting
shares of, or otherwise controls the reporting organization, and (2) any organization the majority of whose
shares are held, directly or indirectly, or any organization
that is otherwise controlled by, the reporter’s ultimate
Definitions

FR 2886b
September 2011

DRAFT
Definitions

parent organization. However, any organization consolidated in the reporting Edge corporation’s financial statements should not be included.
Sale of Assets
Refer to the FFIEC 031 Glossary entry for Transfers of
Financial Assets. In addition, refer to the FFIEC 031
Glossary entry for Sales of Assets for Risk-Based Capital
Purposes for guidance for determining whether sales of
loans, securities, receivables, and other assets are subject
to risk-based capital requirements and are reportable in
Schedule RC-R, Risk-Based Capital, and Schedule RC-L,
Derivatives and Off-Balance-Sheet Items.
Subsidiaries
The treatment of subsidiaries is the same as provided in
the FFIEC 031 report and depends upon the degree of
ownership held by the reporting corporation.
A majority-owned subsidiary of the reporting corporation
is a subsidiary in which the parent corporation directly or
indirectly owns more than 50 percent of the outstanding
voting stock.
A significant subsidiary of the reporting corporation is a
majority-owned subsidiary that meets any one or more of
the following tests:
(1) The corporation’s direct or indirect investment in
and advances to the subsidiary equals five percent
or more of the total equity capital of the parent
corporation.
Note: for the purposes of this test, the amount of
direct and indirect investments and advances is either
(a) the amount carried on the books of the parent
corporation or (b) the parent’s proportionate share in
the total equity capital of the subsidiary, whichever is
greater.
(2) The parent corporation’s proportional share (based
on equity ownership) of the subsidiary’s gross operating income or revenue amounts to five percent or
more of the gross operation income or revenue of the
consolidated parent corporation.
(3) The subsidiary’s income or loss before income taxes
amounts to five percent or more of the parent corporation’s income or loss before income taxes.
(4) The subsidiary is, in turn, the parent of one or more
subsidiaries which, when consolidated with the subFR 2886b
Definitions

September 2011

sidiary, constitute a significant subsidiary as defined
in one or more of the above tests.
The equity ownership in majority-owned subsidiaries
that are not consolidated by the reporting organization
(for example, subsidiaries that are Edge and agreement
corporations) are to be accounted for using the equity
method of accounting and are reported in Schedule RC,
Items 9 or 10, and in Schedule RC-M.
Syndications
A syndication is a participation, usually involving shares
in a single loan, in which several participants agree to
enter into an extension of credit under a bona fide binding
agreement that provides that, regardless of any event,
each participant shall be liable only up to a specified
percentage of the total extension of credit or up to a
specified dollar amount. In a syndication, the participants
agree to the terms of the participation prior to the
execution of the final agreement and the contract is
executed by the obligor and by all the participants,
although there is usually a lead institution organizing or
managing the operation. Large commercial and industrial
loans, large loans to finance companies, and large foreign
loans may be handled through such syndicated participation. Each participant in the syndicate, including the lead
party, records its own share of the participated loan and
the total amount of the loan is not entered on the books of
one party to be shared through transfers of loans. Refer to
the FFIEC 031 Glossary entry for ‘‘Transfers of Financial Assets’’ for further information.
Participation Other than Syndications
Such participation may involve shares in a single loan or
in a pool of loans or receivables. They may be prearranged, with a lead institution originating the transaction
and—simultaneously (as prearranged with other participants) or at a later date—selling shares to others. The
seller may acquire or accumulate assets for the express
purpose of issuing participation or it may participate out
loans or receivables it has acquired over time in the
regular course of its credit operations. In any case, the
assets subject to the participation are, in contrast to the
situation in the case of the syndicated participation,
usually recorded on the books of the originator prior to
the distribution of shares in them. Refer to the FFIEC 031
Glossary entry for ‘‘Transfers of Financial Assets’’ for
further information.
DEF-5

DRAFT
Definitions

Pass-through Reserve Balances
A nonmember depository institution may hold its federally required reserve balances (in excess of vault cash)
with a Federal Reserve Bank either directly or it may
hold them indirectly, by passing its reserve balances
through another depository institution. When an Edge
corporation passes its reserve balance to the Federal
Reserve through another institution, it is referred to as
a ‘‘respondent.’’ When it passes them to the Federal
Reserve for another nonmember depository institution,
it is referred to as a ‘‘correspondent.’’
As was explained in the Federal Financial Institutions
Examination Council’s letter to all insured commercial
banks in the United States in December 1980, this
pass-through reserve relationship is legally and for supervisory purposes considered to constitute an asset/debt
relationship between the respondent and the correspondent, and an asset/debt relationship between the correspondent and the Federal Reserve. The required reporting
of the ‘‘pass-through reserve balances’’ reflects this structure of asset/debt relationship.

DEF-6

In the balance sheet of the respondent, the pass-through
reserve balances are to be treated as a claim on the
correspondent (not as a claim on the Federal Reserve) and,
as such, are to be reflected in Schedule RC-A, Item 2,
‘‘Balances due from depository institutions in the U.S.’’
In the balance sheet of the correspondent bank, the
pass-through reserve balances are to be treated as balances due to respondents and, to the extent that the
balances have actually been passed through to the Federal Reserve, as balances due from the Federal Reserve.
The balances due to respondents are to be reflected in
Schedule RC-E, Item 2, ‘‘Deposits of commercial banks
and other depository institutions in the U.S. (including
their IBFs).’’ Balances due from the Federal Reserve are
to be reflected in Schedule RC-A, Item 4, ‘‘Balances due
from Federal Reserve Banks.’’
The reporting of pass-through reserve balances by correspondent and respondent banks differs from the required
reporting of excess balance accounts by participants and
agents, which is described in the Definitions section for
‘‘excess balance accounts.’’

Definitions

FR 2886b
September 2011

DRAFT

FR 2886b Validity (V) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

Edit Test

Validity

Edit
Target Item
MDRM
Number
Number
015
Financial Data

No change

All

FR2886B 20131231

99991231

No change

FR2886B 20131231

99991231

FR2886B 20131231

RI

Validity

500

RI1c

RIAD4107

Sum of RI1a1 through RI1b must equal RI1c (+/-2)

Revised

RI

Validity

505

RI2c

RIAD4073

Sum of RI2a and RI2b must equal RI2c (+/-1)

99991231

No change

RI

Validity

510

RI3

RIAD4074

RI1c minus RI2c must equal RI3 (+/-1)

FR2886B 20131231

99991231

Revised

RI

Validity

515

RI5c

RIAD4079

Sum of RI5a1 through RI5b must equal RI5c (+/-3)

FR2886B 20131231

99991231

No change

RI

Validity

520

RI7c

RIAD4093

Sum of RI7a1 through RI7b must equal RI7c (+/-2)

FR2886B 20131231

99991231

No change

RI

Validity

525

RI8

RIAD4301

Sum of RI3, RI5c, and RI6 minus the sum of RI4a, RI4b,
and RI7c must equal RI8 (+/-2)

FR2886B 20131231

99991231

Revised

RI

Validity

530

RI10

RIAD4300

RI8 minus RI9 must equal RI10 (+/-1)

FR2886B 20131231

99991231

No change

RI

Validity

535

RI12

RIAD4340

Sum of RI10 and RI11 must equal RI12 (+/-1)

FR2886B 20131231

99991231

No change

RI-A

Validity

*560

RIA2

RIAD4340

RIA2 must equal RI12

FR2886B 20131231

99991231

No change

RI-A

Validity

570

RIA7

RIAD3210

Sum of RIA1, RIA2, RIA3, RIA5 and RIA6, minus RIA4
must equal RIA7 (+/-3)

FR2886B 20131231

99991231

No change

RI-A

Validity

575

RIA7

RIAD3210

RIA7 must equal RC-26A

((riad3215 + riad4340 + riad4346 + riadb511 +
riad3218) - (riad4475)) le (riad3210 +3) and ((riad3215
+ riad4340 + riad4346 + riadb511 + riad3218) (riad4475)) ge (riad3210 - 3)
(riad3210) eq (rcfd3210)

FR2886B 20131231

99991231

Revised

RI-B

Validity

*576

RIB3A

RIAD4230

RIB3A must equal RI4a

(riad4230) eq (riad4230)

FR2886B 20131231

99991231

Revised

RI-B

Validity

*578

RIB3B

RIAD4243

RIB3B must equal RI4b

(riad4243) eq (riad4243)

FR2886B 20131231

99991231

Revised

RI-B

Validity

580

RIB6A

RIAD3123

Sum of RIB1A, RIB2A, RIB3A, and RIB4A minus RIB5A
must equal RIB6A (+/-2)

((riad3124 + riad4605 + riad4230 + riad4595) (riadc079)) le (riad3123 +2) and ((riad3124 + riad4605
+ riad4230 + riad4595) - (riadc079)) ge (riad3123 - 2)

FR2886B 20131231

99991231

No change

RI-B

Validity

585

RIB6A

RIAD3123

RIB6A must equal RC-4b

(riad3123) eq (rcfd3123)

FR2886B 20131231

99991231

Revised

RI-B

Validity

590

RIB6B

RIAD3128

Sum of RIB1B, RIB2B, RIB3B, and RIB4B minus RIB5B
must equal RIB6B (+/-1)

((riad3131 + riad3132 + riad4243 + riad3134) (riad3133)) le (riad3128 +1) and ((riad3131 + riad3132
+ riad4243 + riad3134) - (riad3133)) ge (riad3128 -1)

FR2886B 20131231

99991231

No change

RC

Validity

020

RC-1bA

RCFD0071

RC-1B must be less than or equal to the sum of RC-1aA (rcfn0010) le(rcfd0081 + rcfd0071)
and RC-1bA

DECEMBER 2014

Alg Edit Test

Financial data must be numeric and nonnegative
(riad4094 + riad4115 + riad4020 + riada315 + riad8622
+ riad4028) le (riad4107 + 2) and (riad4094 + riad4115
+ riad4020 + riada315 + riad8622 + riad4028) ge
(riad4107 - 2)
(riad5466 + riad4126) le (riad4073 + 1) and (riad5466 +
riad4126) ge (riad4073 - 1)
(riad4107 - riad4073) le (riad4074 +1) and (riad4107 riad4073) ge (riad4074 -1)
(riad4199 + riad4075 + riad4070 + riad4077 + riad4090
+ riad4101 +riad4619) le (riad4079 + 3) and (riad4199 +
riad4075 + riad4070+ riad4077 + riad4090 + riad4101 +
riad4619) ge (riad4079 - 3)
(riad4135 + riad4217 + riad4092 + riad4127) le
(riad4093 + 2) and (riad4135 + riad4217 + riad4092 +
riad4127) ge (riad4093 - 2)
((riad4074 + riad4079 + riad4091) - (riad4230 +
riad4243 +riad4093)) le (riad4301 +2) and ((riad4074 +
riad4079 + riad4091) - (riad4230 + riad4243
+riad4093)) le (riad4301 - 2)
(riad4301 - riad4302) le (riad4300 +1) and (riad4301 riad4302) ge (riad4300 -1)
(riad4300 + riad4320) le (riad4340 + 1) and (riad4300 +
riad4320) ge (riad4340 - 1)
(riad4340) eq (riad4340)

FR 2886b: CHK-1 of 7

DRAFT

FR 2886b Validity (V) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

MDRM
Number
RCFN0385

Edit Test

Alg Edit Test

Validity

Edit
Target Item
Number
025
RC-2B

No change

RC

RC-2B must be less than or equal to RC-2A

(rcfn0385) le (rcfd8435)

FR2886B 20131231

99991231

No change

RC

Validity

030

RC-3B

RCFN1350

RC-3B must be less than or equal to RC-3A

(rcfn1350) le (rcfd1350)

FR2886B 20131231

99991231

No change

RC

Validity

035

RC-4aB

RCFN2122

RC-4aB must be less than or equal to RC-4a

(rcfn2122) le (rcfd2122)

FR2886B 20131231

99991231

No change

RC

Validity

040

RC-4dA

RCFD2125

RC-4a minus RC-4b must equal RC-4dA.

((rcfd2122) - (rcfd3123)) eq (rcfd2125)

FR2886B 20131231

99991231

No change

RC

Validity

042

RC-5B

RCFN3545

RC-5B must be less than or equal to RC-5A

(rcfn3545) le (rcfd3545)

FR2886B 20131231

99991231

No change

RC

Validity

045

RC-8B

RCFN2160

RC-8B must be less than or equal to RC-8A

(rcfn2160) le (rcfd2160)

FR2886B 20131231

99991231

No change

RC

Validity

050

RC-9

RCFD2171

Sum of RC-1aA through RC-3A plus the sum of RC-4dA
through RC-8A must equal RC-9 (+/-2)

FR2886B 20131231

99991231

Revised

RC

Validity

065

RC-11A

RCFD2170

FR2886B 20131231

99991231

No change

RC

Validity

070

RC-11B

RCFN2170

FR2886B 20131231

99991231

No change

RC

Validity

100

RC-12bA

RCFD6636

FR2886B 20131231

99991231

No change

RC

Validity

105

RC-13B

FR2886B 20131231

99991231

No change

RC

Validity

107

FR2886B 20131231

99991231

No change

RC

Validity

FR2886B 20131231

99991231

No change

RC

FR2886B 20131231

99991231

No change

FR2886B 20131231

99991231

FR2886B 20131231

((rcfd0081 + rcfd0071 + rcfd8435 + rcfd1350) +
(rcfd2125 + rcfd3545 + rcfd2145 + rcfd2160)) le
(rcfd2171 +2) and ((rcfd0081 + rcfd0071 + rcfd8435 +
rcfd1350) + (rcfd2125 + rcfd3545 + rcfd2145 +
rcfd2160)) ge (rcfd2171 -2)
Sum of RC-9 and RC-10A must equal RC-11A (+/-2)
(rcfd2171 + rcfd3002) le (rcfd2170 + 2) and (rcfd2171 +
rcfd3002) ge (rcfd2170 - 2)
Sum of RC-1B, RC-2B, RC-3B, RC-4aB, RC-5B, RC-8B, and (rcfn0010 + rcfn0385 + rcfn1350 + rcfn2122 + rcfn3545
RC-10B must equal RC-11B (+/-1)
+ rcfn2160 + rcfn3002) le (rcfn2170 + 1) and (rcfn0010
+ rcfn0385 + rcfn1350 + rcfn2122 + rcfn3545 +
rcfn2160 + rcfn3002) ge (rcfn2170 - 1)
(rcfn2200) le (rcfd6631 + rcfd6636)

RCFN2800

RC-12B must be less than or equal to the sum of RC12aA and RC-12bA
RC-13B must be less than or equal to RC-13A

RC-14B

RCFN3548

RC-14B must be less than or equal to RC-14A

(rcfn3548) le (rcfd3548)

110

RC-18B

RCFN2930

RC-18B must be less than or equal to RC-18A

(rcfn2930) le (rcfd2930)

Validity

115

RC-19

RCFD2927

Sum of RC-12aA through RC-18A must equal RC-19 (+/- (rcfd6631 + rcfd6636 + rcfd2800 + rcfd3548 + rcfd2850
4)
+ rcfd3200 + rcfd2930) le (rcfd2927 + 4) and (rcfd6631
+ rcfd6636 + rcfd2800 + rcfd3548 + rcfd2850 +
rcfd3200 + rcfd2930) ge (rcfd2927 - 4)

RC

Validity

130

RC-26A

RCFD3210

Sum of RC-21 through RC-25 must equal RC-26A

No change

RC

Validity

135

RC-27A

RCFD3300

99991231

No change

RC

Validity

140

RC-27A

RCFD3300

RC-27A must equal RC-11A

(rcfd3300) eq (rcfd2170)

FR2886B 20131231

99991231

No change

RC

Validity

145

RC-27B

RCFN3300

Sum of RC-12B, RC-13B, RC-14B, RC-18B, and RC-20B
must equal RC-27B (+/-1)

(rcfn2200 + rcfn2800 + rcfn3548 + rcfn2930 + rcfn3001)
le (rcfn3300 +1) and (rcfn2200 + rcfn2800 + rcfn3548 +
rcfn2930 + rcfn3001) ge (rcfn3300 -1)

FR2886B 20131231

99991231

No change

RC

Validity

150

RC-27B

RCFN3300

RC-27B must equal RC-11B

(rcfn3300) eq (rcfn2170)

DECEMBER 2014

(rcfn2800) le (rcfd2800)

(rcfd3219 + rcfd3240 + rcfd3247 + rcfdb530 + rcfda130)
eq (rcfd3210)
Sum of RC-19, RC-20A, and RC-26A must equal RC-27A (rcfd2927 + rcfd3001 + rcfd3210) le (rcfd3300 + 1) and
(+/-2)
(rcfd2927 + rcfd3001 + rcfd3210) ge (rcfd3300 - 1)

FR 2886b: CHK-2 of 7

DRAFT

FR 2886b Validity (V) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

Edit
Target Item
Number
175
A1A through
A3B

MDRM
Number
RCFD 0022,
0082, 0070,
0090, 0010,
and RCFN
0082, and
0070

Edit Test

No change

A

Validity

FR2886B 20131231

99991231

No change

A

FR2886B 20131231

99991231

No change

FR2886B 20131231

99991231

FR2886B 20131231

Validity

*180

A5B

RCFN0010

A

Validity

200

A2B

RCFN0082

No change

A

Validity

205

A3B

RCFN0070

99991231

No change

RC

Validity

210

RC-1B

RCFN0010

FR2886B 20131231

99991231

No change

A

Validity

215

A5A

RCFD0010

For nonbanking Edge and agreement corporations
(consolidated respondent field equals 0), A5B must
equal null
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), A2B must be
less than or equal to A2A
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), A3B must be
less than or equal to A3A
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of RCA2B, RC-A3B must equal RC-1B (+/-1)
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of A1A
through A4A must equal A5A (+/-2)

FR2886B 20131231

99991231

No change

A

Validity

220

A5A

RCFD0010

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), A5A must
equal the sum of RC-1aA and RC-1bA (+/-1)

FR2886B 20131231

99991231

No change

A

Validity

*225

A5B

RCFN0010

If consolidated respondent field eq 1 then (rcfn0010)
eq (rcfn0010)

FR2886B 20131231

99991231

No change

B

Validity

230

B1A through
B4D

FR2886B 20131231

99991231

No change

B

Validity

250

B4A

RCFDA200
A201,
A202,
A203,
1774,
1775,
1776,
1777,
A204,
A205,
A206,
A207,
1754,
A208,
A209,
RCFD1754

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), A5B must
equal RC-1B
For nonbanking Edge and agreement corporations
(consolidated respondent field equals 0), B1A through
B4D must equal null

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of B1A
through B3A must equal B4A

If consolidated respondent field eq 1 then (rcfda200 +
rcfd1774 + rcfda204) eq (rcfd1754)

DECEMBER 2014

Alg Edit Test

For nonbanking Edge and agreement corporations
(consolidated respondent field equals 0) , A1A through
A5A and A2B through A3B must equal null

If consolidated respondent field eq 1 then (rcfn0082) le
(rcfd0082)
If consolidated respondent field eq 1 then (rcfn0070) le
(rcfd0070)
If consolidated respondent field eq 1 then (rcfn0082 +
rcfn0070) le (rcfn0010 +1) and (rcfn0082 + rcfn0070)
ge (rcfn0010 -1)
If consolidated respondent field eq 1 then (rcfd0022 +
rcfd0082 + rcfd0070 + rcfd0090) le (rcfd0010 + 2) and
(rcfd0022 + rcfd0082 + rcfd0070 + rcfd0090) ge
(rcfd0010 - 2)
If consolidated respondent field eq 1 then (rcfd0010) le
(rcfd0081 + rcfd0071 +1) and (rcfd0010) ge (rcfd0081 +
rcfd0071 -1)

FR 2886b: CHK-3 of 7

DRAFT

FR 2886b Validity (V) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

No change

B

Validity

Edit
Target Item
Number
255
B4B

FR2886B 20131231

99991231

No change

B

Validity

260

B4C

FR2886B 20131231

99991231

No change

B

Validity

265

B4D

FR2886B 20131231

99991231

No change

B

Validity

270

B4D

FR2886B 20131231

99991231

No change

C

Validity

280

C1A through
C6B

FR2886B 20131231

99991231

No change

C

Validity

*290

C7A through
C7B

FR2886B 20131231

99991231

No change

C

Validity

300

C1B

RCFD 2122
and RCFN
2122
RCFN1505

FR2886B 20131231

99991231

No change

C

Validity

305

C2B

RCFN1510

FR2886B 20131231

99991231

No change

C

Validity

310

C3B

RCFN2081

FR2886B 20131231

99991231

No change

C

Validity

315

C4B

RCFN1600

FR2886B 20131231

99991231

No change

C

Validity

320

C5B

RCFN2089

DECEMBER 2014

MDRM
Number
RCFDA208

Edit Test

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of B1B
through B3B must equal B4B
RCFDA209 For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of B1C
through B3C must equal B4C
RCFD1773 For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of B1D
through B3D must equal B4D
RCFD1773 For banking Edge and agreement corporations only
(consolidated respondent field equals 1), the sum of
B4A and B4D must equal RC-2A
RCFD 1505, For nonbanking Edge and agreement corporations
1510, 2081, (consolidated respondent field equals 0), C1A through
1761, 1762, C6B must equal null
2089, 2123,
and RCFN
1505, 1510,
2081, 1600,
2089, and
2123

For nonbanking Edge and agreement corporations
(consolidated respondent field equals 0), C7A through
C7B must equal null
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C1B must be
less than or equal to C1A
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C2B must be
less than or equal to C2A
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C3B must be
less than or equal to C3A
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C4B must be
less than or equal to the sum of C4aA and C4bA
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C5B must be
less than or equal to C5A

Alg Edit Test
If consolidated respondent field eq 1 then (rcfda201 +
rcfd1775 + rcfda205) eq (rcfda208)
If consolidated respondent field eq 1 then (rcfda202 +
rcfd1776 + rcfda206) eq (rcfda209)
If consolidated respondent field eq 1 then (rcfda203 +
rcfd1777 + rcfda207) eq (rcfd1773)

If consolidated respondent field eq 1 then (rcfn1505) le
(rcfd1505)
If consolidated respondent field eq 1 then (rcfn1510) le
(rcfd1510)
If consolidated respondent field eq 1 then (rcfn2081) le
(rcfd2081)
If consolidated respondent field eq 1 then (rcfn1600) le
(rcfd1761 + rcfd1762)

If consolidated respondent field eq 1 then (rcfn2089) le
(rcfd2089)

FR 2886b: CHK-4 of 7

DRAFT

FR 2886b Validity (V) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

MDRM
Number
RCFD2123

Edit Test

Alg Edit Test

Validity

Edit
Target Item
Number
325
C6A

No change

C

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of C1A
through C5A minus C6A must equal RC-4a (+/-1)

If consolidated respondent field eq 1 then ((rcfd1505 +
rcfd1510 + rcfd2081 + rcfd1761 + rcfd1762 + rcfd2089) (rcfd2123)) le (rcfd2122 +1) and ((rcfd1505 + rcfd1510
+ rcfd2081 + rcfd1761 + rcfd1762 + rcfd2089) (rcfd2123)) ge (rcfd2122 -1)

FR2886B 20131231

99991231

No change

C

Validity

330

C6B

RCFN2123

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of C1B
through C5B minus C6B must equal RC-4aB (+/-1)

No change

C

Validity

*332

C7A

RCFD2122

If consolidated respondent field eq 1 then ((rcfn1505 +
rcfn1510 + rcfn2081 + rcfn1600 + rcfn2089) (rcfn2123)) le (rcfn2122 +1) and ((rcfn1505 + rcfn1510
+ rcfn2081 + rcfn1600 + rcfn2089) - (rcfn2123)) ge
(rcfn2122 - 1)
If consolidated respondent field eq 1 then (rcfd2122)
eq (rcfd2122)

FR2886B 20131231

99991231

FR2886B 20131231

99991231

No change

C

Validity

*333

C7B

FR2886B 20131231

99991231

No change

C

Validity

335

C6B

FR2886B 20131231

99991231

No change

E

Validity

350

E1aA through
E7B

FR2886B 20131231

99991231

No change

E

Validity

360

E7A

RCON2215

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of E1aA
through E6A must equal E7A (+/-1)

FR2886B 20131231

99991231

No change

E

Validity

365

E7B

RCON2385

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of E1aB
through E6B must equal E7B (+/-1)

FR2886B 20131231

99991231

No change

E

Validity

370

E7B

RCON2385

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of E7A
and E7B must equal the sum of RC-12aA and RC-12bA
minus RC-12B

DECEMBER 2014

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C7A must
equal to RC-4a
RCFN2122 For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C7B must be
equal to RC-4aB
RCFN2123 For banking Edge and agreement corporations only
(consolidated respondent field equals 1), C6B must be
less than or equal to C6A
RCONC040, For nonbanking Edge and agreement corporations
C043,
(consolidated respondent field equals 0), E1aA through
E7B must equal null
2206,
2213,
2216,
2215,
2255,
C041,
C044,
2550,
2236,
2377,
2259,
2385

If consolidated respondent field eq 1 then (rcfn2122)
eq (rcfn2122)
If consolidated respondent field eq 1 then (rcfn2123) le
(rcfd2123)

If consolidated respondent field eq 1 then (rconc040 +
rconc043 + rcon2206 + rcon2213 + rcon2216 +
rcon2255) le (rcon2215 + 1) and (rconc040 + rconc043
+ rcon2206 + rcon2213 + rcon2216 + rcon2255) ge
(rcon2215 - 1)
If consolidated respondent field eq 1 then (rconc041 +
rconc044 + rcon2550 + rcon2236 + rcon2377 +
rcon2259) le (rcon2385 + 1) and (rconc041 + rconc044
+ rcon2550 + rcon2236 + rcon2377 + rcon2259) ge
(rcon2385 - 1)
If consolidated respondent field eq 1 then ((rcon2215 +
rcon2385) eq ((rcfd6631 +rcfd6636) - rcfn2200))

FR 2886b: CHK-5 of 7

DRAFT

FR 2886b Validity (V) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

No change

K

Validity

FR2886B 20131231

99991231

No change

M

Validity

Edit
Target Item
MDRM
Number
Number
640
K1 through K7 RCFD3381,
3365,
3360,
3404,
3353,
3355,
3368
400
M2bA
RCFD3048

FR2886B 20131231

99991231

Revised

M

Validity

405

M1aB

RCFD3047

Sum of MlaB through M1aB must equal RC-20A

FR2886B 20131231

99991231

No change

M

Validity

*410

M3A

RCFD3002

M3A must equal RC-10A

(rcfda563 + rcfd3042 + rcfda576 + rcfd3048) eq
(rcfd3002)
(rcfda583 + rcfd3041 + rcfda588 + rcfd3047) eq
(rcfd3001)
(rcfd3002) eq (rcfd3002)

FR2886B 20131231

99991231

No change

M

Validity

*415

M3B

RCFD3001

M3B must equal RC-20A

(rcfd3001) eq (rcfd3001)

FR2886B 20131231

99991231

No change

M

Validity

425

MM1A

RCFD3052

MM1A must be less than or equal to RC-10A

(rcfd3052) le (rcfd3002)

FR2886B 20131231

99991231

No change

N

Validity

450

N4

RCFD1477

Sum of N1 through N3 must equal N4 (+/-1)

(rcfd1406 + rcfd1407 + rcfd1403) le (rcfd1477 +1) and
(rcfd1406 + rcfd1407 + rcfd1403) ge (rcfd1477 - 1)

FR2886B 20131231

99991231

No change

N

Validity

460

NM1

RCFDJ979

NM1 must be less than or equal to N4

(rcfdJ979) le (rcfd1477)

FR2886B 20131231

99991231

No change

D

Validity

470

RC-D8

RCFD3543

Sum of RC-D1 through RC-D8 must equal RC-D9

FR2886B 20131231

99991231

No change

D

Validity

475

RC-D12

RCFD3547

Sum of RC-D10a through RC-D12 must equal RC-D13

FR2886B 20131231

99991231

No change

D

Validity

*480

RC-D9

RCFD3545

RC-D9 must equal RC-5A

(rcfd3531 + rcfd3532 + rcfd3533 + rcfdf641 + rcfdf642)
+(rcfd3537+ rcfdg208 + rcfd3541 + rcfd3543) eq
(rcfd3545)
(rcfdg209 + rcfdg210 + rcfdg211 + rcfdf624 + rcfd3547)
eq (rcfd3548)
(rcfd3545) eq (rcfd3545)

FR2886B 20131231

99991231

No change

D

Validity

*485

RC-D13

RCFD3548

RC-D13 must equal RC-14A

(rcfd3548) eq (rcfd3548)

FR2886B 20141231

99991231

Added

Cover

Validity

579

N/A

N/A

Consolidated Respondent should be equal to
1=Banking or 0=Nonbanking, and must not be null

FR2886B 20131231

99991231

No change

R

Validity

610

FR2886B 20131231

99991231

No change

R

Validity

620

R1 through R6 RCFD8274,
8275,
3785,
8276,
8277,
3792
R3
RCFD3785

FR2886B 20131231

99991231

No change

R

Validity

625

R4

RCFD3792

FR2886B 20131231

99991231

No change

R

Validity

635

R6

RCFD8277

DECEMBER 2014

Edit Test

Alg Edit Test

For nonbanking Edge and agreement corporations
(consolidated respondent field equals 0), K1 through K7
must equal null

Sum of M1aA through M2bA must equal RC-10A

For nonbanking Edge and agreement corporations
(consolidated respondent field equals 0), R1 through
R6 must equal null

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), R3 must be
less than or equal to R2
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), Sum of R1
and R2 must equal R4
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), R6 must be
less than or equal to R5

If consolidated respondent field eq 1 then (rcfd3785) le
(rcfd8275)
If consolidated respondent field eq 1 then (rcfd8274 +
rcfd8275) eq (rcfd3792)
If consolidated respondent field eq 1 then (rcfd8277) le
(rcfd8276)

FR 2886b: CHK-6 of 7

DRAFT

FR 2886b Validity (V) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

Edit
Target Item
MDRM
Number
Number
645
V1 through V8 RCON0010,
2122,
3002,
2170,
2200,
3001,
3411,
3375

Edit Test

No change

V

Validity

FR2886B NA

NA

Added

Cover

Validity

646

N/A

N/A

Validity

647

N/A

N/A

For nonbanking Edge and agreement corporations,
(consolidated respondent field equals 0), A5A must not
equal null
For banking Edge and agreement corporations,
(consolidated respondent field equals 1), A5A must not
equal null

FR2886B NA

NA

Added

Cover

Alg Edit Test

For nonbanking Edge and agreement corporations
(consolidated respondent field equals 0), V1 through
V8 must equal null

If consolidated respondent field eq 0 then A5A ne eq
null
If consolidated respondent field eq 1 then A5A ne eq
null

For edits validating that a value must be "X" or must be "Y", NULL is not a valid value unless explicitly stated.
NULL is a valid entry for items on the report form unless explicitly stated. This is only a quality edit check and should not prohibit the institution from submitting their data.
Notes:
1) The positive check for EDCK 015 should be ignored for all items on
2) V480 and V485 should be bypassed if RC-5 is less than $2 million.)
3) For EDCK 015 all schedule D items can be Null

DECEMBER 2014

FR 2886b: CHK-7 of 7

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

Revised

RI

Intraseries

FR2886B 20131231

99991231

Revised

RI

Intraseries

146

RI2a and RI2b

FR2886B 20131231

99991231

No change

RI

Intraseries

147

RI5a3, RI5a5,
and RI5b

RIAD4070
RIAD4090
RIAD4619

FR2886B 20131231

99991231

No change

RI

Intraseries

148

RI7a1, RI7a2,
and RI7b

RIAD4135 For June, September, and December, the current
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) then
RIAD4217RI period should be greater than or equal to the previous (riad4135-q1 ge riad4135-q2) and (riad4217-q1 ge
AD4127
period for RI7a1, RI7a2, and RI7b
riad4217-q2) and (riad4127-q1 ge riad4127-q2)

FR2886B 20131231

99991231

No change

RI

Quality

149

RI1a1

RIAD4094

FR2886B 20131231

99991231

No change

RI

Intraseries

150

RI1a1

RIAD4094

FR2886B 20131231

99991231

No change

RI

Quality

151

RI1a2

RIAD4115

FR2886B 20131231

99991231

No change

RI

Intraseries

152

RI1a2

RIAD4115

FR2886B 20131231

99991231

No change

RI

Quality

153

RI1a3

RIAD4020

FR2886B 20131231

99991231

No change

RI

Intraseries

154

RI1a3

RIAD4020

FR2886B 20131231

99991231

Revised

RI

Quality

157

RI-Mem1

RIADJ980

FR2886B 20131231

99991231

Revised

RI

Quality

159

RI-Mem1

RIADJ980

FR2886B 20131231

99991231

No change

RI

Quality

161

RI-5a6

RIAD4101

FR2886B 20131231

99991231

No change

RI

Intraseries

177

RI-Mem1

RIADJ980

FR2886B 20131231

99991231

Revised

RI

Intraseries

178

RI-Mem1

RIADJ980

FR2886B 20131231

99991231

Revised

RI

Intraseries

179

RI-Mem1

RIADJ980

DECEMBER 2014

Edit
Target Item
Number
145
RI1a1 through
RI1b

MDRM
Number
RIAD4094
RIAD4115
RIAD4020
RIADA315
RIAD8622
RIAD4028
RIAD5466
RIAD4126

Edit Test

Alg Edit Test

For June, September, and December, the current
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) then
period should be greater than or equal to the previous (riad4094-q1 ge riad4094-q2) and (riad4115-q1 ge
period for RI1a1 through RI1bI
riad4115-q2) and (riad4020-q1 ge riad4020-q2) and
(riada315-q1 ge riada315-q2) and (riad8622-q1 ge
riad8622-q2) and (riad4028-q1 ge riad4028-q2)
For June, September, and December, the current
period should be greater than or equal to the previous
period for RI2aI and RI2bI
For June, September, and December, the current
period should be greater than or equal to the previous
period for RI5a3, RI5a5, and RI5b

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) then
(riad5466-q1 ge riad5466-q2) and (riad4126-q1 ge
riad4126-q2)
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) then
(riad4070-q1 ge riad4070-q2) and (riad4090-q1 ge
riad4090-q2) and (riad4619-q1 ge riad4619-q2)

For March, if RC-4a is greater than zero, then RI1a1
should be greater than zero
For June, September, and December, if the current
period RC-4a is greater than zero, then RI1a1 (current
minus previous) should be greater than zero

if (mm-q1 eq 03 and rcfd2122 gt 0) then (riad4094 gt 0)

For March, if RC-1bA is greater than zero, then RI1a2
should be greater than zero
For June, September, and December, if the current
period RC-1bA is greater than zero, then RI1a2 (current
minus previous) should be greater than zero

if (mm-q1 eq 03 and rcfd0071 gt 0) then (riad4115 gt 0)

For March, if RC-3A is greater than zero, then RI1a3
should be greater than zero
For June, September, and December, if RC-3A is greater
than zero, then RI1a3 (current minus previous) should
be greater than zero
If RC-Mem2aA is greater than zero, then RI-Mem1
should not equal zero
If RC-Mem2bA is greater than zero, then RI-Mem1
should not equal zero
If RI-Mem1 is not equal to zero, then RI-5a6 should not
equal zero
For June, September and December if RI-Mem1
(previous) is not equal to zero, then RI-Mem1 (current)
should not equal zero
If RC-Mem2aA (current minus previous) is not equal to
zero, then RI-Mem1 (current) should not equal zero

if (mm-q1 eq 03 and rcfd1350 gt 0) then (riad4020 gt 0)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) and
(rcfd2122-q1 gt 0)) then ((riad4094-q1 - riad4094-q2)
gt 0)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) and
(rcfd0071-q1 gt 0)) then ((riad4115-q1 - riad4115-q2)
gt 0)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) and
(rcfd1350-q1 gt 0)) then ((riad4020-q1 - riad4020-q2)
gt 0)
if (rcfdf819 gt 0) then (riadj980 ne 0)
if (rcfdf820 gt 0) then (riadj980 ne 0)
if (riadj980 ne 0) then (riad4101 ne 0)
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) and
(riadf980-q2 ne 0)) then (riadJ980-q1 ne 0)
if ((rcfdf819-q1 - rcfdf819-q2) ne 0) then (riadj980-q1
ne 0)

If RC-Mem2bA (current minus previous) is not equal to if ((rcfdf820-q1 - rcfdf820-q2) ne 0) then (riadj980-q1
zero, then RI-Mem1 (current) should not equal zero
ne 0)

FR 2886b: EDIT-1 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type
Intraseries

Edit
Target Item
Number
180
RI-Mem1

MDRM
Number
RIADJ980

Revised

RI

FR2886B 20131231

99991231

Revised

FR2886B 20131231

99991231

FR2886B 20131231

RI

Quality

181

RI-Mem1

RIADJ980

No change

RI-A

Quality

156

RIA4

RIAD4475

99991231

No change

RI-A

Intraseries

158

RIA5

RIADB511

FR2886B 20131231

99991231

Revised

RI-B

Intraseries

160

RIB1AI

RIAD3124

FR2886B 20131231

99991231

Revised

RI-B

Intraseries

162

RIB1BI

RIAD3131

RIB1B (current) should equal RIB6B for December of
the previous year

if (mm-q1 eq 03) then (riad3131-q1 eq riad3128-q2) or
if (mm-q1 eq 06) then (riad3131-q1 eq riad3128-q3) or
if (mm-q1 eq 09) then (riad3131-q1 eq riad3128-q4) or
if (mm-q1 eq 12) then (riad3131-q1 eq riad3128-q5)

FR2886B 20131231

99991231

No change

RC

Quality

025

RC-10B

RCFN3002

RC-10B should be less than or equal to RC-10A

rcfn3002 le rcfd3002

FR2886B 20131231

99991231

No change

RC

Quality

032

RC-11B

RCFN2170

RC-11B should be less than or equal to RC-11A

rcfn2170 le rcfd2170

FR2886B 20131231

99991231

No change

RC

Quality

045

RC-20B

RCFN3001

RC-20B should be less than or equal to RC-20A

rcfn3001 le rcfd3001

FR2886B 20131231

99991231

No change

RC

Quality

050

RC-22

RCFD3240

(rcfd3219 + rcfd3240) ge 2000000

FR2886B 20131231

99991231

No change

RC

Quality

060

RC-27B

RCFN3300

Sum of RC-21 and RC-22 should be greater than or
equal to $2 million
RC-27B should be less than or equal to RC-27A

FR2886B 20131231

99991231

Revised

RC

Quality

075

RC-Mem2aA

RCFDF819

if (riadj980 gt 0) then (rcfdf819 ne 0) or (rcfdf820 ne 0)

FR2886B 20131231

99991231

Revised

RC

Quality

076

RC-Mem2aA

RCFDF819

FR2886B 20131231

99991231

Revised

RC

Quality

077

RC-Mem2B

RCFDF820

FR2886B 20131231

99991231

Revised

RC

Quality

078

RC-Mem2aA

RCFDF819

If RI-Mem1 is greater than zero, then RC-Mem2aA or
RC-Mem2bA should not equal zero
If RC-Mem2aA is not equal to null, then RC-Mem2bA
should not equal null
If RC-Mem2bA is not equal to null, then RC-Mem2aA
should not equal null
RC-Mem2aA should be less than or equal to RC-11A

FR2886B 20131231

99991231

No change

RC

Quality

079

RC-Mem2bA

RCFDF820

FR2886B 20131231

99991231

Revised

RC

Intraseries

081

RC-Mem2aA

RCFDF819

FR2886B 20131231

99991231

Revised

RC

Intraseries

082

RC-Mem2bA

RCFDF820

DECEMBER 2014

Edit Test

Alg Edit Test

For June, September, and December, RI-Mem1 (current
minus previous) should be less than or equal to 25% of
(RC-Mem2aA plus RC-Mem2bA)
For March, RI-Mem1 should be less than or equal to
25% of (RC-Mem2aA plus RC-Mem2bA)
RIA4 should be less than or equal to RC-18A

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq 12) then
(riadJ980-q1 - riadJ980-q2) le 0.25 (rcfdf819 + rcfdf820)
riadJ980 le 0.25 (rcfdf819 + rcfdf820)
riad4475 le rcfd2930

If RC-24 December (previous) is not equal to zero, then if ((mm-q1 eq 03) and (rcfdb530-q2 ne 0)) then
RC-24 (current) minus RC-24 December (previous)
((rcfdb530-q1 - rcfdb530-q2) eq riadb511-q1) or if if
should equal RIA5
((mm-q1 eq 06) and (rcfdb530-q3 ne 0)) then
((rcfdb530-q1 - rcfdb530-q3) eq riadb511-q1) or if if
((mm-q1 eq 09) and (rcfdb530-q4 ne 0)) then
((rcfdb530-q1 - rcfdb530-q4) eq riadb511-q1) or if if
((mm-q1 eq 12) and (rcfdb530-q5 ne 0)) then
((rcfdb530 q1 rcfdb530 q5) eq riadb511 q1)
RIB1A (current) should equal RIB6A for December of
if (mm-q1 eq 03) then (riad3124-q1 eq riad3123-q2) or
the previous year
if (mm-q1 eq 06) then (riad3124-q1 eq riad3123-q3) or
if (mm-q1 eq 09) then (riad3124-q1 eq riad3123-q4) or
if (mm-q1 eq 12) then (riad3124-q1 eq riad3123-q5)

rcfn3300 le rcfd3300

if (rcfdf819 ne null) then (rcfdf820 ne null)
if (rcfdf820 ne null) then (rcfdf819 ne null)
rcfdf819 le rcfd2170

rcfdf820 le (rcfd3300 - rcfd3210)
RC-Mem2bA should be less than or equal to (RC-27A
minus RC-26A)
If RC-Mem2aA (previous) is not equal to zero, then RC- if (rcfdf819-q2 ne 0) then (rcfdf819-q1 ne 0)
Mem2A (current) should not equal zero
If RC-Mem2bA (previous) is not equal to zero, then RC- if (rcfdf820-q2 ne 0) then (rcfdf820-q1 ne 0)
Mem2bA (current) should not equal zero

FR 2886b: EDIT-2 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type
Quality

Edit
Target Item
Number
085
B4B

MDRM
Number
RCFDA208

Edit Test

Alg Edit Test

No change

B

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If B4A is
greater than zero, then B4B should be greater than
zero or if B4B is greater than zero, then B4A should be
greater than zero
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If B4D is
greater than zero, then B4C should be greater than
zero or if B4C is greater than zero, then B4D should be
greater than zero
N4 should be less than or equal to RC-4a

If consolidated respondent field eq 1 and if (rcfd1754
gt 0) then (rcfda208 gt 0) or if (rcfda208 gt 0) then
(rcfd1754 gt 0)

FR2886B 20131231

99991231

No change

B

Quality

088

B4C

RCFDA209

FR2886B 20131231

99991231

No change

N

Quality

135

N4

RCFD1477

FR2886B 20131231

99991231

No change

K

Intraseries

163

K1

RCFD3381

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K1 is
greater than zero, then K1 divided by RC-1bA (current
plus previous/2) should be in the range of 50-150%

If consolidated respondent field eq 1 and if (rcfd3381q1 gt 0) then (((rcfd3381-q1 / rcfd0071-q1) + (rcfd3381q2 / rcfd0071-q2)) / 2) ge 0.50 and (((rcfd3381-q1 /
rcfd0071-q1) + (rcfd3381-q2 / rcfd0071-q2)) / 2) le 1.50

FR2886B 20131231

99991231

No change

K

Quality

164

K1

RCFD3381

If consolidated respondent field eq 1 and if (rcfd3381
eq 0) then (rcfd0071 eq 0)

165

K2

RCFD3365

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K1 equals
zero, then RC-1bA should equal zero
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K2 is
greater than zero, then K2 divided by RC-3A (current
plus previous/2) should be in the range of 50-150%

FR2886B 20131231

99991231

No change

K

Intraseries

FR2886B 20131231

99991231

No change

K

Quality

166

K2

RCFD3365

If consolidated respondent field eq 1 and if (rcfd3365
eq 0) then (rcfd1350 eq 0)

K

Intraseries

167

K3

RCFD3360

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K2 equals
zero, then RC-3A should equal zero
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K3 is
greater than zero, then K3 divided by RC-4a (current
plus previous/2) should be in the range of 50-150%

FR2886B 20131231

99991231

No change

FR2886B 20131231

99991231

No change

K

Quality

168

K3

RCFD3360

If consolidated respondent field eq 1 and if (rcfd3360
eq 0) then (rcfd2122 eq 0)

99991231

No change

K

Intraseries

169

K4

RCFD3404

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K3 equals
zero, then RC-4a should equal zero
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K4 is
greater than zero, then K4 divided by RC-12bA (current
plus previous/2) should be in the range of 50-150%

FR2886B 20131231

FR2886B 20131231

99991231

No change

K

Quality

170

K4

RCFD3404

If consolidated respondent field eq 1 and if (rcfd3404
eq 0) then (rcfd6636 eq 0)

FR2886B 20131231

99991231

No change

K

Intraseries

171

K5

RCFD3353

FR2886B 20131231

99991231

No change

K

Quality

172

K5

RCFD3353

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K4 equals
zero, then RC-12bA should equal zero
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K5 equals
zero, then RC-13A should equal zero
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K5 equals
zero, then RC-13A should equal zero

DECEMBER 2014

If consolidated respondent field eq 1 and if (rcfd1773
gt 0) then (rcfda209 gt 0) or if (rcfda209 gt 0) then
(rcfd1773 gt 0)

rcfd1477 le rcfd2122

If consolidated respondent field eq 1 and if (rcfd3365q1 gt 0) then (((rcfd3365-q1 / rcfd1350-q1) + (rcfd3365q2 / rcfd1350-q2)) / 2) ge 0.50 and (((rcfd3365-q1 /
rcfd1350-q1) + (rcfd3365-q2 / rcfd1350-q2)) / 2) le 1.50

If consolidated respondent field eq 1 and if (rcfd3360q1 gt 0) then (((rcfd3360-q1 / rcfd2122-q1) + (rcfd3360q2 / rcfd2122-q2)) / 2) ge 0.50 and (((rcfd3360-q1 /
rcfd2122-q1) + (rcfd3360-q2 / rcfd2122-q2)) / 2) le 1.50

If consolidated respondent field eq 1 and if (rcfd3404q1 gt 0) then (((rcfd3404-q1 / rcfd6636-q1) + (rcfd3404q2 / rcfd6636-q2)) / 2) ge 0.50 and (((rcfd3404-q1 /
rcfd6636-q1) + (rcfd3404-q2 / rcfd6636-q2)) / 2) le 1.50

If consolidated respondent field eq 1 and if (rcfd3353
eq 0) then (rcfd2800 eq 0)
If consolidated respondent field eq 1 and if (rcfd3353
eq 0) then (rcfd2800 eq 0)

FR 2886b: EDIT-3 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

MDRM
Number
RCFD3355

Edit Test

Alg Edit Test

Intraseries

Edit
Target Item
Number
173
K6

No change

K

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K6 is
greater than zero, then K6 divided by RC-15A (current
plus previous/2) should be in the range of 50-150%

If consolidated respondent field eq 1 and if (rcfd3355q1 gt 0) then (((rcfd3355-q1 / rcfd2850-q1) + (rcfd3355q2 / rcfd2850-q2)) / 2) ge 0.50 and (((rcfd3355-q1 /
rcfd2850-q1) + (rcfd3355-q2 / rcfd2850-q2)) / 2) le 1.50

FR2886B 20131231

99991231

No change

K

Quality

174

K6

RCFD3355

If consolidated respondent field eq 1 and if (rcfd3355
eq 0) then (rcfd2850 eq 0)

No change

K

Intraseries

175

K7

RCFD3368

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K6 equals
zero, then RC-15A should equal zero
For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K7 is
greater than zero, then K7 divided by RC-11A (current
plus previous/2) should be in the range of 50-150%

FR2886B 20131231

99991231

FR2886B 20131231

99991231

No change

K

Quality

176

K7

RCFD3368

If consolidated respondent field eq 1 and if (rcfd3368
eq 0) then (rcfd2170 eq 0)

FR2886B 20131231

99991231

No change

V

Quality

300

V1

RCF0 0010
through
RCF9

For banking Edge and agreement corporations only
(consolidated respondent field equals 1), If K7 equals
zero, then RC-11A should equal zero
If V1 is greater than zero, then V1 should be less than
the sum of RC-1aA and RC-1bA

FR2886B 20131231

99991231

No change

V

Quality

305

V2

RCF0 2122
through
RCF9

If V2 is greater than zero, then V2 should be less than
RC-4a

if (rcf02122 gt 0) then ((rcf02122 lt rcfd2122) and if
(rcf12122 gt 0) then ((rcf12122 lt rcfd2122) and if
(rcf22122 gt 0) then ((rcf22122 lt rcfd2122) and if
(rcf32122 gt 0) then ((rcf32122 lt rcfd2122) and if
(rcf42122 gt 0) then ((rcf42122 lt rcfd2122) and if
(rcf52122 gt 0) then ((rcf52122 lt rcfd2122) and if
(rcf62122 gt 0) then ((rcf62122 lt rcfd2122) and if
(rcf72122 gt 0) then ((rcf72122 lt rcfd2122) and if
(rcf82122 gt 0) then ((rcf82122 lt rcfd2122) and if
(rcf92122 gt 0) then ((rcf92122 lt rcfd2122)

DECEMBER 2014

If consolidated respondent field eq 1 and if (rcfd3368q1 gt 0) then (((rcfd3368-q1 / rcfd2170-q1) + (rcfd3368q2 / rcfd2170-q2)) / 2) ge 0.50 and (((rcfd3368-q1 /
rcfd2170-q1) + (rcfd3368-q2 / rcfd2170-q2)) / 2) le 1.50

if (rcf00010 gt 0) then ((rcf00010 lt (rcfd0081 +
rcfd0071)) and if (rcf10010 gt 0) then ((rcf10010 lt
(rcfd0081 + rcfd0071)) and if (rcf20010 gt 0) then
((rcf20010 lt (rcfd0081 + rcfd0071)) and if (rcf30010 gt
0) then ((rcf30010 lt (rcfd0081 + rcfd0071)) and if
(rcf40010 gt 0) then ((rcf40010 lt (rcfd0081 +
rcfd0071)) and if (rcf50010 gt 0) then ((rcf50010 lt
(rcfd0081 + rcfd0071)) and if (rcf60010 gt 0) then
((rcf60010 lt (rcfd0081 + rcfd0071)) and if (rcf70010 gt
0) then ((rcf70010 lt (rcfd0081 + rcfd0071)) and if
(rcf80010 gt 0) then ((rcf80010 lt (rcfd0081 +
rcfd0071)) and if (rcf90010 gt 0) then ((rcf90010 lt
(rcfd0081 + rcfd0071))

FR 2886b: EDIT-4 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

No change

V

FR2886B 20131231

99991231

No change

FR2886B 20131231

99991231

FR2886B 20131231

99991231

DECEMBER 2014

Quality

Edit
Target Item
Number
310
V3

MDRM
Number
RCF0 3002
through
RCF9

Edit Test

Alg Edit Test

If V3 is greater than zero, then V3 should be less than
RC-10A

if (rcf03002 gt 0) then ((rcf03002 lt rcfd3002) and if
(rcf13002 gt 0) then ((rcf13002 lt rcfd3002) and if
(rcf23002 gt 0) then ((rcf23002 lt rcfd3002) and if
(rcf33002 gt 0) then ((rcf33002 lt rcfd3002) and if
(rcf43002 gt 0) then ((rcf43002 lt rcfd3002) and if
(rcf53002 gt 0) then ((rcf53002 lt rcfd3002) and if
(rcf63002 gt 0) then ((rcf63002 lt rcfd3002) and if
(rcf73002 gt 0) then ((rcf73002 lt rcfd3002) and if
(rcf83002 gt 0) then ((rcf83002 lt rcfd3002) and if
(rcf93002 gt 0) then ((rcf93002 lt rcfd3002)

V

Quality

315

V4

RCF02170
through
RCF9

Sum of V1 through V3 should be less than or equal to
V4.

((rcf00010 + rcf02122 + rcf03002) le rcf02170) and
((rcf10010 + rcf12122 + rcf13002) le rcf12170) and
((rcf20010 + rcf22122 + rcf23002) le rcf22170) and
((rcf30010 + rcf32122 + rcf33002) le rcf32170) and
((rcf40010 + rcf42122 + rcf43002) le rcf42170) and
((rcf50010 + rcf52122 + rcf53002) le rcf52170) and
((rcf60010 + rcf62122 + rcf63002) le rcf62170) and
((rcf70010 + rcf72122 + rcf73002) le rcf72170) and
((rcf80010 + rcf82122 + rcf83002) le rcf82170) and
((rcf90010 + rcf92122 + rcf93002) le rcf92170)

No change

V

Quality

320

V4

RCF02170
through
RCF9

If V4 is greater than zero, then V4 should be less than
RC-11A

if (rcf02170 gt 0) then ((rcf02170 lt rcfd2170) and if
(rcf12170 gt 0) then ((rcf12170 lt rcfd2170) and if
(rcf22170 gt 0) then ((rcf22170 lt rcfd2170) and if
(rcf32170 gt 0) then ((rcf32170 lt rcfd2170) and if
(rcf42170 gt 0) then ((rcf42170 lt rcfd2170) and if
(rcf52170 gt 0) then ((rcf52170 lt rcfd2170) and if
(rcf62170 gt 0) then ((rcf62170 lt rcfd2170) and if
(rcf72170 gt 0) then ((rcf72170 lt rcfd2170) and if
(rcf82170 gt 0) then ((rcf82170 lt rcfd2170) and if
(rcf92170 gt 0) then ((rcf92170 lt rcfd2170)

No change

V

Quality

325

V5

RCF02200
through
RCF9

If V5 is greater than zero, then V5 should be less than
the sum of RC-12aA and RC-12bA

if (rcf02200 gt 0) then ((rcf02200 lt (rcfd6631 +
rcfd6636)) and if (rcf12200 gt 0) then ((rcf12200 lt
(rcfd6631 + rcfd6636)) and if (rcf22200 gt 0) then
((rcf22200 lt (rcfd6631 + rcfd6636)) and if (rcf32200 gt
0) then ((rcf32200 lt (rcfd6631 + rcfd6636)) and if
(rcf42200 gt 0) then ((rcf42200 lt (rcfd6631 +
rcfd6636)) and if (rcf52200 gt 0) then ((rcf52200 lt
(rcfd6631 + rcfd6636)) and if (rcf62200 gt 0) then
((rcf62200 lt (rcfd6631 + rcfd6636)) and if (rcf72200 gt
0) then ((rcf72200 lt (rcfd6631 + rcfd6636)) and if
(rcf82200 gt 0) then ((rcf82200 lt (rcfd6631 +
rcfd6636)) and if (rcf92200 gt 0) then ((rcf92200 lt
(rcfd6631 + rcfd6636))

FR 2886b: EDIT-5 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type

MDRM
Number
RCF03001
through
RCF9

Edit Test

Alg Edit Test

Quality

Edit
Target Item
Number
330
V6

No change

V

If V6 is greater than zero, then V6 should be less than
RC-20A

if (rcf03001 gt 0) then ((rcf03001 lt rcfd3001) and if
(rcf13001 gt 0) then ((rcf13001 lt rcfd3001) and if
(rcf23001 gt 0) then ((rcf23001 lt rcfd3001) and if
(rcf33001 gt 0) then ((rcf33001 lt rcfd3001) and if
(rcf43001 gt 0) then ((rcf43001 lt rcfd3001) and if
(rcf53001 gt 0) then ((rcf53001 lt rcfd3001) and if
(rcf63001 gt 0) then ((rcf63001 lt rcfd3001) and if
(rcf73001 gt 0) then ((rcf73001 lt rcfd3001) and if
(rcf83001 gt 0) then ((rcf83001 lt rcfd3001) and if
(rcf93001 gt 0) then ((rcf93001 lt rcfd3001)

FR2886B 20131231

99991231

No change

V

Quality

335

V7

RCF03411
through
RCF9

If V7 is greater than zero, then V7 should be less than
L5

if (rcf03411 gt 0) then ((rcf03411 lt rcfd3411) and if
(rcf13411 gt 0) then ((rcf13411 lt rcfd3411) and if
(rcf23411 gt 0) then ((rcf23411 lt rcfd3411) and if
(rcf33411 gt 0) then ((rcf33411 lt rcfd3411) and if
(rcf43411 gt 0) then ((rcf43411 lt rcfd3411) and if
(rcf53411 gt 0) then ((rcf53411 lt rcfd3411) and if
(rcf63411 gt 0) then ((rcf63411 lt rcfd3411) and if
(rcf73411 gt 0) then ((rcf73411 lt rcfd3411) and if
(rcf83411 gt 0) then ((rcf83411 lt rcfd3411) and if
(rcf93411 gt 0) then ((rcf93411 lt rcfd3411)

FR2886B 20131231

99991231

No change

D

Quality

270

RC-DM6b

RCFDG213

Sum of RC-D Memo1a. through RC-D M 6b. should be
less than or equal RC-D9

99991231

No change

D

Quality

565

RC-D7

RCFD3541

FR2886B 20131231

99991231

No change

D

Quality

570

RC-5A

RCFD3545

Sum of RC-DM4a and RC-DM4b should be less than or
equal RC-D7
If RC-5A is equal to or greater than $2 million, then
sum of RC-D1 through RC-D8 should be greater than 0

(rcfdf643 + rcfdf644 + rcfdf645 + rcfdf646 + rcfdf647 +
rcfdf648 + rcfdg231 + rcfdf649 + rcfdg232 + rcfdf651 +
rcfdf652 + rcfdf653 + rcfdf654 + rcfdg212 + rcfdg213) le
(rcfd3545)
(rcfdf652 + rcfdf653) le (rcfd3541)

FR2886B 20131231

FR2886B 20131231

99991231

No change

D

Quality

575

RC-5A

RCFD3545

FR2886B 20131231

99991231

No change

D

Quality

580

RC-D12

RCFD3547

FR2886B 20131231

99991231

No change

D

Quality

585

FR2886B 20131231

99991231

No change

D

Quality

590

FR2886B 20131231

99991231

No change

D

Quality

595

DECEMBER 2014

If RCFD3545 ge 2000000(rcfd3531 + rcfd3532 +
rcfd3533 + rcfdf641 + rcfdf642 +(rcfd3537+ rcfdg208 +
rcfd3541 + rcfd3543) gt 0
If RC-5A is equal to or greater than $1 billion, then sum If RCFD3545 ge 1000000000(rcfdf643 + rcfdf644 +
of RC-DM1a. through RC-DM6b. should be greater than rcfdf645 + rcfdf646 + rcfdf647 + rcfdf648 + rcfdg231 +
0
rcfdf649 + rcfdg232 + rcfdf651 + rcfdf652 + rcfdf653 +
rcfdf654 + rcfdg212 + rcfdg213) gt 0

If RC-D9 is equal to or greater than $2 million, then
sum of RC-D10a through RC-D12 should be greater
than or equal 0
RC-D1 thru RC- RCFD3581 If RC-5A is less than $2 million, then RC-D1 thru RC-D8
D8
THRU 3545 should equal null
RC-D10a thru
RC-D12
RC-DM1a thru
RC-DM6b

RCFDG209
THRU 3547
RCFDF643
THRU G213

If RC-5A is less than $2 million, then RC-D10a thru RCD12 should equal null
If RC-5 is less than $1 billion, then RC-DM1a thru RCDM6b should equal null

If RCFD3545 ge 2000000(rcfdg209 + rcfdg210 +
rcfdg211 + rcfdf624 + rcfd3547) ge 0
If RCFD3545 lt 2000000(rcfd3531 + rcfd3532 +
rcfd3533 + rcfdf641 + rcfdf642 + rcfd3537 + rcfdg208 +
rcfd3541 + rcfd3543) eq null
If RCFD3545 lt 2000000(rcfdg209 + rcfdg210 + rcfdg211
+ rcfdf624 + rcfd3547) eq null
If RCFD3545 lt 1000000000(rcff643 + rcfdf644 +
rcfdf645 + rcfdf646 + rcfdf647 + rcfdf648 + rcfdg231 +
rcfdf649 + rcfdg232 + rcfdf651 + rcfdf652 + rcfdf653 +
rcfdf654 + rcfdg212 + rcfdg213) eq null

FR 2886b: EDIT-6 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule

Edit Type
Quality

Edit
Target Item
Number
405
RC-D1

MDRM
Number
RCFD3531

No change

D

FR2886B 20131231

99991231

No change

D

Quality

410

RC-D2

RCFD3532

FR2886B 20131231

99991231

No change

D

Quality

415

RC-D3

RCFD3533

FR2886B 20131231

99991231

No change

D

Quality

420

RC-D4a

RCFDF641

FR2886B 20131231

99991231

No change

D

Quality

425

RC-D4b

RCFDF642

FR2886B 20131231

99991231

No change

D

Quality

430

RC-D5

RCFD3537

FR2886B 20131231

99991231

No change

D

Quality

435

RC-D6

RCFDG208

FR2886B 20131231

99991231

No change

D

Quality

440

RC-D7

RCFD3541

FR2886B 20131231

99991231

No change

D

Quality

445

RC-D8

RCFD3543

FR2886B 20131231

99991231

No change

D

Quality

450

RC-5A

RCFD3545

FR2886B 20131231

99991231

No change

D

Quality

455

RC-D10a

RCFDG209

FR2886B 20131231

99991231

No change

D

Quality

460

RC-D10b

RCFDG210

FR2886B 20131231

99991231

No change

D

Quality

465

RC-D10c

RCFDG211

FR2886B 20131231

99991231

No change

D

Quality

475

RC-D11

RCFDF624

FR2886B 20131231

99991231

No change

D

Quality

480

RC-D12

RCFD3547

FR2886B 20131231

99991231

No change

D

Quality

485

RC-14A

RCFD3548

FR2886B 20131231

99991231

No change

RC-D memo Quality

490

RC-DM1a

RCFDF643

FR2886B 20131231

99991231

No change

RC-D memo Quality

495

RC-DM1b

RCFD3548

FR2886B 20131231

99991231

No change

RC-D memo Quality

500

RC-DM1c

RCFDF645

FR2886B 20131231

99991231

No change

RC-D memo Quality

505

RC-DM1d

RCFDF646

FR2886B 20131231

99991231

No change

RC-D memo Quality

510

RC-DM1e

RCFDF647

FR2886B 20131231

99991231

No change

RC-D memo Quality

515

RC-DM1f

RCFDF648

FR2886B 20131231

99991231

No change

RC-D memo Quality

520

RC-DM2a

RCFDG231

FR2886B 20131231

99991231

No change

RC-D memo Quality

525

RC-DM2b

RCFDF649

FR2886B 20131231

99991231

No change

RC-D memo Quality

530

RC-DM2c

RCFDG232

FR2886B 20131231

99991231

No change

RC-D memo Quality

535

RC-DM3

RCFDF651

DECEMBER 2014

Edit Test

Alg Edit Test

RC-D1 should be greater than or equal 0, or should
equal null
RC-D2 should be greater than or equal 0, or should
equal null
RC-D3 should be greater than or equal 0, or should
equal null
RC-D4a should be greater than or equal 0, or should
equal null
RC-D4b should be greater than or equal 0, or should
equal null
RC-D5 should be greater than or equal 0, or should
equal null
RC-D6 should be greater than or equal 0, or should
equal null
RC-D7 should be greater than or equal 0, or should
equal null
RC-D8 should be greater than or equal 0, or should
equal null
RC-D9 should be greater than or equal 0, or should
equal null
RC-D10a should be greater than or equal 0, or must
equal null
RC-D10b should be greater than or equal 0, or should
equal null
RC-D10c should be greater than or equal 0, or should
equal null
RC-D11 should be greater than or equal 0, or should
equal null
RC-D12 should be greater than or equal 0, or should
equal null
RC-D13 should be greater than or equal 0, or should
equal null
RC-DM1a should be greater than or equal 0, or should
equal null
RC-DM1b should be greater than or equal 0, or should
equal null
RC-DM1c should be greater than or equal 0, or should
equal null
RC-DM1d should be greater than or equal 0, or should
equal null
RC-DM1e should be greater than or equal 0, or should
equal null
RC-DM1f should be greater than or equal 0, or should
equal null
RC-DM2a should be greater than or equal 0, or should
equal null
RC-DM2b should be greater than or equal 0, or should
equal null
RC-DM2c should be greater than or equal 0, or should
equal null
RC-DM3 should be greater than or equal 0, or should
equal null

(rcfd3531) ge 0, or eq null
(rcfd3532) ge 0, or eq null
(rcfd3533) ge 0, or eq null
(rcfdf641) ge 0, or eq null
(rcfdf642) ge 0, or eq null
(rcfd3537) ge 0, or eq null
(rcfdg208) ge 0, or eq null
(rcfd3541) ge 0, or eq null
(rcfd3543) ge 0, or eq null
(rcfd3545) ge 0, or eq null
(rcfdg209) ge 0, or eq null
(rcfdg210) ge 0, or eq null
(rcfdg211) ge 0, or eq null
(rcfdf624) ge 0, or eq null
(rcfd3547) ge 0, or eq null
(rcfd3548) ge 0, or eq null
(rcfdf643) ge 0, or eq null
(rcfdf644) ge 0, or eq null
(rcfdf645) ge 0, or eq null
(rcfdf646) ge 0, or eq null
(rcfdf647) ge 0, or eq null
(rcfdf648) ge 0, or eq null
(rcfdg231) ge 0, or eq null
(rcfdf649) ge 0, or eq null
(rcfdg232) ge 0, or eq null
(rcfdf651) ge 0, or eq null

FR 2886b: EDIT-7 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20131231

Effective
End Date
99991231

Edit Change Schedule
No change

FR2886B 20131231

99991231

FR2886B 20131231

RC-D memo Quality

Edit
Target Item
Number
540
RC-DM4a

MDRM
Number
RCFDF652

Edit Test

Alg Edit Test
(rcfdf652) ge 0, or eq null

2122-RC-4A

RC-DM4a should be greater than or equal 0, or should
equal null
RC-DM4b should be greater than or equal 0, or should
equal null
RC-DM5 should be greater than or equal 0, or should
equal null
RC-DM6a should be greater than or equal 0, or should
equal null
RC-DM6b should be greater than or equal 0, or should
equal null
RC-L10a1 should be greater than or equal 0, or should
equal null
RC-L10a2 should be greater than or equal 0, or should
equal null
RC-L10a3 should be greater than or equal 0, or should
equal null
RC-L10a4 should be greater than or equal 0, or should
equal null
RC-L10b1 should be greater than or equal 0, or should
equal null
RC-L10b2 should be greater than or equal 0, or should
equal null
RC-L10b3 should be greater than or equal 0, or should
equal null
RC-L10b4 should be greater than or equal 0, or should
equal null
RC-L11c should be greater than or equal 0, or should
equal null
RC-L11d should be greater than or equal 0, or should
equal null
See footnote 1

No change

RC-D memo Quality

545

RC-DM4b

RCFDF653

99991231

No change

RC-D memo Quality

550

RC-DM5

RCFDF654

FR2886B 20131231

99991231

No change

RC-D memo Quality

555

RC-DM6a

RCFDG212

FR2886B 20131231

99991231

No change

RC-D memo Quality

560

RC-D6M6b

RCFDG213

FR2886B 20131231

99991231

No change

L

Quality

340

RC-L10a1

RCFD3824

FR2886B 20131231

99991231

No change

L

Quality

345

RC-L10a2

RCFD3827

FR2886B 20131231

99991231

No change

L

Quality

350

RC-L10a3

RCFDG229

FR2886B 20131231

99991231

No change

L

Quality

355

RC-L10a4

RCFD3831

FR2886B 20131231

99991231

No change

L

Quality

360

RC-L10b1

RCFD3825

FR2886B 20131231

99991231

No change

L

Quality

365

RC-L10b2

RCFD3828

FR2886B 20131231

99991231

No change

L

Quality

370

RC-L10b3

RCFDG230

FR2886B 20131231

99991231

No change

L

Quality

375

RC-L10b4

RCFD3832

FR2886B 20131231

99991231

No change

L

Quality

380

RC-L11c

RCFD8719

FR2886B 20131231

99991231

No change

L

Quality

385

RC-L11d

RCFD8720

FR2886B 20131231

99991231

Revised

Intraseries

20

FR2886B 20131231

99991231

Revised

Intraseries

30

2170- RC-11A

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

35

6631-RC-12aA

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

40

6636-RC-12bA

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

55

3210-RC-26A

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

115

1761-RC-C4aA

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

120

1762-RC-C4bA

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

125

C040-RC-E1aA

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

130

C041-RC-E1aB

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

135

C043-RC-E1bA

See footnote 1

FR2886B 20131231

99991231

Revised

Intraseries

140

C044-RC-E1bB

See footnote 1

DECEMBER 2014

Edit Type

(rcfdf653) ge 0, or eq null
(rcfdf654) ge 0, or eq null
(rcfdG212) ge 0, or eq null
(rcfdG213) ge 0, or eq null
(rcfd3824) ge 0, or eq null
(rcfd3827) ge 0, or eq null
(rcfdg229) ge 0, or eq null
(rcfd3831) ge 0, or eq null
(rcfd3825) ge 0, or eq null
(rcfd3828) ge 0, or eq null
(rcfdg230) ge 0, or eq null
(rcfd3832) ge 0, or eq null
(rcfd8719) ge 0, or eq null
(rcfd8720) ge 0, or eq null

FR 2886b: EDIT-8 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B 20141231

Effective
End Date
99991231

Edit Change Schedule

Edit Type
Quality

Edit
Target Item
Number
0900
0900

MDRM
Number
TEXT0900

Edit Test

Alg Edit Test

Added

V

if RCFD02170 ne 0 or null, then text0900 ne null

TEXTC366

If V4(RCFD02170) is not equal to 0 or null, then 0900
should not equal null
If V4(RCFD12170) is not equal to 0 or null, then 1900
should not equal null
If V4(RCFD22170) is not equal to 0 or null, then 2900
should not equal null
If V4(RCFD32170) is not equal to 0 or null, then 3900
should not equal null
If V4(RCFD42170) is not equal to 0 or null, then 4900
should not equal null
If V4(RCFD52170) is not equal to 0 or null, then 5900
should not equal null
If V4(RCFD62170) is not equal to 0 or null, then 6900
should not equal null
If V4(RCFD72170) is not equal to 0 or null, then 7900
should not equal null
If V4(RCFD82170) is not equal to 0 or null, then 8900
should not equal null
If V4(RCFD92170) is not equal to 0 or null, then 9900
should not equal null
C366 should not equal null

FR2886B 20141231

99991231

Added

V

Quality

1900

1900

TEXT1900

FR2886B 20141231

99991231

Added

V

Quality

2900

2900

TEXT2900

FR2886B 20141231

99991231

Added

V

Quality

3900

3900

TEXT3900

FR2886B 20141231

99991231

Added

V

Quality

4900

4900

TEXT4900

FR2886B 20141231

99991231

Added

V

Quality

5900

5900

TEXT5900

FR2886B 20141231

99991231

Added

V

Quality

6900

6900

TEXT6900

FR2886B 20141231

99991231

Added

V

Quality

7900

7900

TEXT7900

FR2886B 20141231

99991231

Added

V

Quality

8900

8900

TEXT8900

FR2886B 20141231

99991231

Added

V

Quality

9900

9900

TEXT9900

FR2886B 20141231

99991231

Added

Cover Page Quality

C366

C366

FR2886B 20141231

99991231

Added

Cover Page Quality

C367

C367

TEXTC367

C367 should not equal null

textc367 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C368

C368

TEXTC368

C368 should not equal null

textc368 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C369

C369

TEXTC369

C369 should not equal null

textc369 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C370

C370

TEXTC370

C370 should not equal null

textc370 ne null

FR2886B NA

NA

Removed

Cover Page Quality

C371

C371

TEXTC371

C371 should not equal null

textc371 ne null

FR2886B NA

NA

Removed

Cover Page Quality

C372

C372

TEXTC372

C372 should not equal null

textc372 ne null

FR2886B NA

NA

Removed

Cover Page Quality

C373

C373

TEXTC373

C373 should not equal null

textc373 ne null

FR2886B NA

NA

Removed

Cover Page Quality

C374

C374

TEXTC374

C374 should not equal null

textc374 ne null

FR2886B NA

NA

Removed

Cover Page Quality

C375

C375

TEXTC375

C375 should not equal null

textc375 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C437

C437

TEXTC437

C437 should not equal null

textc437 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C438

C438

TEXTC438

C438 should not equal null

textc438 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C439

C439

TEXTC439

C439 should not equal null

textc439 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C440

C440

TEXTC440

C440 should not equal null

textc440 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C441

C441

TEXTC441

C441 should not equal null

textc441 ne null

FR2886B NA

NA

Removed

Cover Page Quality

C442

C442

TEXTC442

C442 should not equal null

textc442 ne null

DECEMBER 2014

if RCFD12170 ne 0 or null, then text1900 ne null
if RCFD22170 ne 0 or null, then text2900 ne null
if RCFD32170 ne 0 or null, then text3900 ne null
if RCFD42170 ne 0 or null, then text4900 ne null
if RCFD52170 ne 0 or null, then text5900 ne null
if RCFD62170 ne 0 or null, then text6900 ne null
if RCFD72170 ne 0 or null, then text7900 ne null
if RCFD82170 ne 0 or null, then text8900 ne null
if RCFD92170 ne 0 or null, then text9900 ne null
textc366 ne null

FR 2886b: EDIT-9 of 10

DRAFT

FR 2886b Quality (Q) and Intraseries (I) Edits
(Effective as of December 31, 2014)
Series

Effective
Start Date
FR2886B NA

Effective
End Date
NA

Edit Change Schedule
Removed

FR2886B NA

NA

FR2886B NA

Edit Type

MDRM
Number
TEXTC443

Edit Test

Alg Edit Test

Cover Page Quality

Edit
Target Item
Number
C443
C443

C443 should not equal null

textc443 ne null

Removed

Cover Page Quality

C444

C444

TEXTC444

C444 should not equal null

textc444 ne null

NA

Removed

Cover Page Quality

C445

C445

TEXTC445

C445 should not equal null

textc445 ne null

FR2886B NA

NA

Removed

Cover Page Quality

C446

C446

TEXTC446

C446 should not equal null

textc446 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C490

C490

TEXTC490

C490 should not equal null

textc490 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

C491

C491

TEXTC491

C491 should not equal null

textc491 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

J196

J196

TEXTJ196

J196 should not equal null

textj196 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

8901

8901

TEXT8901

8901 should not equal null

text8901 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

8902

8902

TEXT8902

8902 should not equal null

text8902 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

9116

9116

TEXT9116

9116 should not equal null

text9116 ne null

FR2886B 20141231

99991231

Added

Cover Page Quality

4086

4086

TEXT4086

4086 should not equal null

text4086 ne null

For edits validating that a value must be "X" or must be "Y", NULL is not a valid value unless explicitly stated.
NULL is a valid entry for items on the report form unless explicitly stated. This is only a quality edit check and should not prohibit the institution from submitting their data.
NOTES:
1) Schedule V (300 through 335): Edits applicable for each branch 1-9 and head office (RCF0 through RCF9).
2) Schedule D (570 through 595): The Total Trading Assets test calculation should be based on any four preceding quarters, as discussed in the reporting instructions.

DECEMBER 2014

FR 2886b: EDIT-10 of 10