Weekly Report of Assets and Liabilities for Large Banks

FR 2416

WEEKLY REPORT OF ASSETS AND LIABILITIES FOR LARGE BANKS
(Consolidated Domestic Offices and Subsidiaries)
INSTRUCTIONS
Purpose of Report

Consolidation and Inter-office Relationships

This report provides basic data from large U.S. commercial banks for estimating bank credit and nondeposit
sources of funds and for analyzing banking and monetary developments.

A. For banks with domestic offices only. The basis
and instructions for consolidation correspond to the
Consolidated Report of Condition for a Bank and Its
Domestic Subsidiaries (FFIEC 041). However, accounts of domestic subsidiaries that are not available
on a timely basis may be consolidated with a lag, or
amounts reported for such subsidiaries may be estimated for use in the weekly process of consolidation.

Scope
The Weekly Report of Assets and Liabilities for Large
Banks (FR 2416) is a version of the quarterly Report of
Condition (referred to as the “Call Report”), which is required to be submitted to the Federal banking supervisory agencies. The weekly report covers only the domestic offices of the reporting bank (that is, the bank’s
head office); all branches located in the 50 states of the
United States, in the District of Columbia, or on a U.S.
military facility wherever located; and subsidiaries (except
Edge and agreement corporations) located in the 50 states
of the United States or the District of Columbia that are
consolidated in the domestic-office Call Report. (Please
note that International Banking Facilities (IBFs) are foreign, not domestic, offices of the reporting bank.) For
banks with only domestic offices, the coverage is the same
as the Consolidated Report of Condition for a Bank and
Its Domestic Subsidiaries (FFIEC 041). For banks with
“foreign” offices (that is, branches or subsidiaries located
in Puerto Rico, in U.S. territories or possessions, or in
foreign countries); Edge or agreement subsidiaries (including both their U.S. and their foreign offices); or an
IBF - the coverage is the same as the domestic-office
part of the Consolidated Report of Condition for a Bank
and Its Domestic and Foreign Subsidiaries (FFIEC 031).

Preparation of Reports
Report all balances as of the close of business on
Wednesday of each week. All dollar amounts should be
reported to the nearest thousand. With the exceptions of
Item M.6, “Net unrealized holding gains (losses) on available-for-sale securities” and, in rare circumstances, Item
5.j, “Lease financing receivables,” no negative entries are
appropriate for this report.

B. For banks with “foreign” offices. The consolidation basis and treatment of inter-office relationships
with foreign offices correspond to the domestic-office
part of the Consolidated Report of Condition for a Bank
and Its Domestic and Foreign Subsidiaries (FFIEC
031). That is, domestic branches and majority-owned
domestic subsidiaries that meet the tests of significance (as described in the General Instructions of the
Call Report) are to be fully consolidated line by line.
Moreover, all individual asset and liability items (except “Other assets” and “Other liabilities”) should exclude, to the extent possible, the asset and liability
relationships with “foreign” offices. All such relationships and transactions should be reported on a net
basis either as a “net due from foreign offices” in Item
6.a or as a “net due to foreign offices” in Item 12.a.
Where line-by-line exclusion of transactions with foreign offices is not possible within the given time schedule, amounts to be excluded may be estimated.

Mergers and Other Structure Changes
In case of mergers or acquisitions respondents should
contact their Federal Reserve Banks. The Federal Reserve Bank may request special information on the effects of the merger or acquisition on the data contained
in this report.

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Foreign (Non-U.S.) Currency-Denominated
Transactions

not correspond exactly to Call Report items, or where
additional instructions are needed, specific instructions
are provided below.

Conversion to U.S. dollars. Transactions denominated
in non-U.S. currency must be valued in U.S. dollars each
reporting week at either the exchange rate prevailing on
the Tuesday immediately preceding (that is, the day before) the Wednesday report date or the exchange rate
prevailing on the Wednesday report date.

Supplementary Instructions

Regardless of which of the above two options is elected,
the exchange rates to be used for this conversion are
either the 10:00 a.m. rates quoted for major currencies
by the Federal Reserve Bank of New York, or the noon
buying rates certified by the Federal Reserve Bank of
New York for customs purposes, or some other consistent series of exchange rate quotations. (If deposits are
issued in European Currency Units (ECU) or some other
currency basket, consistent series of exchange rate quotations either for the basket unit or for the corresponding
individual exchange rates may be used.)
Once a depository institution chooses to value foreign
currency transactions by using either the Tuesday method
or the report day method, it must use that method consistently over time for all Federal Reserve reports. If at some
future time thereafter the depository institution wishes to
change its valuation procedure from one of these two
methods to the other, the change must be applied to all
Federal Reserve reports and then used consistently thereafter. Please notify your Federal Reserve Bank of any
such change.

Definitions
In general, definitions of items on the weekly report correspond to item definitions on the Call Report. Tables
that indicate the item-by-item relationship between this
report and the quarterly Reports of Condition (FFIEC 031
and 041) accompany these instructions. For banks that
have only domestic offices, the stated Call Report item
references are to the FFIEC 041. For banks with “foreign” offices, such references are to the domestic-office
portion of the FFIEC 031.
For those items that correspond exactly to items on the
Call Report, definitions are not repeated in these instructions. For such definitions, please refer to the instructions for preparation of the Call Report. For items that do

Item 4.a. Federal Funds sold and securities purchased under agreements to resell: with commercial banks in the U.S. (including U.S. branches and
agencies of foreign banks). For the definition of “commercial banks in the U.S.,” please refer to the Glossary
section of the Call Report instructions.
Item 5.b. Loans to, and acceptances of, commercial
banks in the U.S. (including U.S. branches and agencies of foreign banks). For the definition of “commercial banks in the U.S.,” please refer to the Glossary section of the Call Report instructions.
Item 5.i. All other loans. Include all loans that are not
included in any other loan category on this report. Note
that this item includes several items that are reported
separately on the Call Report: loans to other (nonbank)
depository institutions in the U.S., loans to banks in foreign countries, including acceptances of banks in foreign
countries and loans to foreign governments and official
institutions. Consistent with the Call Report, this item includes loans to nonbank financial institutions. This item
also includes bankers acceptances created and held by
the reporting bank when the account party is: a nonbank
depository institution or other financial institution, a bank
in a foreign country, or a foreign government or official
institution. The treatment of such acceptances corresponds to their treatment on the Call Report.
All other loans also includes certain unplanned overdrafts.
Overdrafts are either planned or unplanned. Unplanned
overdrafts occur when a depository institution honors a
check or draft drawn against a deposit account containing insufficient funds and there is no advance contractual
agreement to honor the check or draft. Unplanned overdrafts should be reported in Item 5.i, “All other loans,”
except if the overdrawn depositor is a commercial bank
in the United States, or a state or political subdivision of
the United States. Unplanned overdrafts in the accounts
of these institutions should be classified in the appropriate loan category, Item 5.b or 5.h, respectively.
Planned overdrafts occur when a contractual agreement
has been made in advance to allow such credit exten-

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sions. Planned overdrafts should be classified as loans
according to the nature of the overdrawn depositor. For
example, a planned overdraft by a nonfinancial firm should
be included in Item 5.f.
Item 5.k(2). Allowance for loan and lease losses. For
banks with foreign offices, IBFs, foreign branches or subsidiaries, or Edge or agreement subsidiaries, the allowance for possible loan and lease losses covers domestic
office only except to the extent that banks do not account
for loan and lease losses at foreign office separately. The
amount reported in this item should match Item 4.c on
Schedule RC (Balance Sheet) of the Call Report, net of
any amounts in these categories booked at foreign offices.
Item 5.l. Total loans and leases, net. For banks with
“foreign” offices, this item differs from the Call Report
which nets an allowance for loan and lease losses from
loans and leases for all foreign and domestic offices. This
report covers only domestic office loans and leases net
of an allowance for loan and lease losses at domestic
offices.
Item 6.a. Net due from own foreign offices, Edge and
agreement subsidiaries, and IBFs. This item is only
reported if the bank files the FFIEC 031 report and corresponds to Call Report Schedule RC-H, item 6. Report a
balance in 6.a or 12.a, but not both.
Item 6.b. All other assets. For banks with “foreign”
offices, this item differs from the Call Report, which includes consolidated assets for all foreign and domestic
offices. This report covers only assets in domestic offices.
Item 10. Borrowings. This item consists of demand
notes issued to the U.S. Treasury, federal funds purchased
and securities sold under agreements to repurchase, and
other borrowed money. Borrowings to be included in Item
10 of the FR 2416 are equivalent to Call Report items
(see attached tables).
For item 10.a, see the Glossary section of the Call Report instructions for the definition of “commercial banks
in the U.S.”
For Item 10.b, include borrowings from all other entities,
including a Federal Reserve Bank or Federal Home Loan
Bank.

Item 12.a. Net due to own foreign offices, Edge and
agreement subsidiaries, and IBFs. This item is only
reported if the bank files the FFIEC 031 report and corresponds to Call Report Schedule RC-H, item 7. Report a
balance in 6.a or 12.a, but not both.
Item 12.b. All other liabilities. For banks with “foreign”
offices, this item differs from the Call Report, which includes consolidated liabilities for all foreign and domestic
offices. This report covers only liabilities in domestic offices.
All other liabilities consist of bank’s liability on acceptances executed and outstanding, subordinated notes and
debentures, and other liabilities.
Item 14. Residual. This item is the difference between
Item 7, “Total assets,” and Item 13, “Total liabilities.” This
item does not appear as such on the Call Report. For
banks with domestic offices only, this item approximates
the total of the equity capital accounts but is stated as a
residual since banks may not necessarily have their capital accounts available on a weekly basis. For banks with
foreign offices, the Call Report (FFIEC 031) does not
define equity capital accounts for the domestic offices.
Item M.1. Revaluation gains on interest rate, foreign
exchange rate, and other commodity and equity contracts (included in Item 2.b above). The frequency with
which revaluation gains are restated (marked to market)
may differ across reporting banks. Those that revalue
weekly should report the appropriate amount each week
in Item M.1. Those that revalue less frequently should
report the most recent value of “revaluation gains on interest rate, foreign exchange rate, and other commodity
and equity contracts” until a new value becomes available.
Item M.5. Revaluation losses on interest rate, foreign exchange rate, and other commodity and equity
contracts (included in Item 11 above). The frequency
with which revaluation losses are restated (marked to
market) may differ across reporting banks. Those that
revalue weekly should report the appropriate amount each
week in Item M.5. Those that revalue less frequently
should report the most recent value of “revaluation losses
on interest rate, foreign exchange rate, and other commodity and equity contracts” until a new value becomes
available.

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Item M.6. Net unrealized holding gains (losses) on
available-for-sale securities. This item is comparable
to Item 2 on Schedule RC-R of the Call Report, “net unrealized holding gains (losses) on available-for-sale securities.” However, for banks with foreign offices, the FR
2416 item applies to securities held in domestic offices
only.
The frequency with which the portfolio of available-forsale securities is revalued (marked to market) may differ
across reporting banks. Those that revalue weekly should
report the appropriate amount each week in Item M.6.
Those that revalue less frequently should report the most
recently available value of “net unrealized holding gains
(losses) on available-for-sale securities” as described
above, until a new value becomes available.
Item M.7.a. Credit cards and related plans. This item
is comparable to Item 1, Col. C “Credit card receivables”
and part of Item 1, Col. E “Other consumer loans” on
Schedule RC-S of the Call Report.

Item M.7.b. Other. This item is comparable to Item 1,
Col. D “Auto Loans” and part of Item 1, Col. E “Other
Consumer Loans” (includes single payment, installment,
and all student loans) on Schedule RC-S of the Call Report.
Item M.8. Commercial and industrial loans (corresponds definitionally to credit type covered by Item
5.f above). Outstanding principal balance of assets sold
and securitized with servicing retained or with recourse
or other seller provided enhancements. The conduits into
which the loans are sold finance the purchase of the loans
by issuing securities, often referred to as collateralized
loan obligations, or sometimes collateralized bond obligations or collateralized debt obligations. The amounts
reported should include all loans that have been sold and
securitized and that are still outstanding. Because they
have been reported as sold, these securitized commercial and industrial loans are no longer included as assets
on the balance sheet of the reporting bank and thus are
not reported in item 5.f above. This item is comparable
to the Call Report Schedule RC-S, Item 1, Column F.

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Relationship of FR 2416 Items to Items on the Quarterly Report of Condition (FFIEC 031)
FR 2416

FFIEC 031 (For banks with both domestic and foreign offices)

ASSETS
Item 1
Item 2.a
Item 2.b
Item 3.a
Item 3.b(1)
Item 3.b(2)
Items 4.a1 + 4.b + 4.c
Item 5.a(1)
Item 5.a(2)
Item 5.a(3)
Item 5.b1
Item 5.c
Item 5.d
Item 5.e
Item 5.f
Item 5.g(1)
Item 5.g(2)
Item 5.h
Item 5.i1
Item 5.j
Item 5.k(1)
Item 5.k(2)1
Item 5.I1
Item 6.a1
Item 6.b1
Item 7

RC-A, Column B, Item 5
RC-D, Items 1 + 2 + 4.a + 4.b
RC-D, Items 3 + 4.c + 5 + 9 + 11.a
Domestic office part of RC-B, Column A + Column D, Items 1 + 2.a + 2.b + 4.a(1) +
4.a(2) + 4.b(1)
Domestic office part of RC-B, Column A + Column D, Item 3
Domestic office part of RC-B, Column A + Column D, Items 4.a(3) + 4.b(2) + 4.b(3) +
5 + 6.a + 6.b + Column D, Item 7
RC (Balance Sheet), Item 3.a + RC-H, Item 3
RC-C, Part I, Column B, Item 1.c(1)
RC-C, Part I, Column B, Items 1.a + 1.b + 1.d + 1.e
RC-C, Part I, Column B, Items 1.c(2)(a) + 1.c(2)(b)
RC-C, Part I, Column B, Item 2.a
RC-C, Part I, Column B, Item 9.a
RC-C, Part I, Column B, Item 3
Not applicable
RC-C, Part I, Column B, Items 4.a + 4.b
RC-C, Part I, Column B, Items 6.a + 6.b
RC-C, Part I, Column B, Item 6.c
RC-C, Part I, Column B, Item 8
RC-C, Part I, Column B, Items 2.b + 2.c + 7 + 9.b
RC-C, Part I, Column B, Item 10
RC-C, Part I, Column B, Item 11
Domestic office part of RC (Balance Sheet), Item 4.c
Domestic office part of RC (Balance Sheet), Items 4.a + 4.d
RC-H, Item 62
Domestic office part of RC (Balance Sheet), Items 6 + 7 + 8 + 10.a +10.b + 11
RC-H, Items 62 + 8

LIABILITIES
Item 8
Item 9
Item 10.a1
Item 10.b1
Item 11
Item 12.a1
Item 12.b1
Item 13
Item 141

RC-E, Part I, Column A, Item 7
RC-E, Part I, Column C, Item 7
RC (Balance Sheet), Part of Item 14.a from commercial banks + RC-H, Part of Items
4 + 5 from commercial banks
RC (Balance Sheet), Part of Item 14.a from noncommercial banks + RC-H, Part of
Items 4 + 5 from noncommercial banks
Domestic office part of RC (Balance Sheet), Item 15
RC-H, Item 72
Domestic office part of RC (Balance Sheet), Items 19 + 20
RC-H, Items 72 + 9
RC-H, (Items 62 + 8) minus (Items 72 + 9)

MEMORANDA
Item M.11
Item M.2
Item M.3.a
Item M.3.b
Item M.4
Item M.51
Item M.61
Item M.7.a1
Item M.7.b1
Item M.81
1.
2.

RC-D, Item 11.a
Domestic office part of RC-B, Column A + Column D, Items 1 + 2.a + 2.b
Domestic office part of RC-B, Column A + Column D, Items 4.a(1) + 4.a(2) + 4.a(3)
Domestic office part of RC-B, Column A + Column D, Items 4.b(1) + 4.b(2) + 4.b(3)
RC-E, Part I, Memo Item 2.c
Domestic office part of RC-D, Item 14
Domestic office part of RC-R, Item 2
Domestic office part of RC-S, Column C + Part of Column E, Item 1
Domestic office part of RC-S, Column D + Part of Column E, Item 1
Domestic office part of RC-S, Column F, Item 1

See Supplementary Instructions.
On Schedule RC-H, an amount is reported in either Item 6 or Item 7, but not both.

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Relationship of FR 2416 Items to Items on the Quarterly Report of Condition (FFIEC 041)
FR 2416

FFIEC 041 (For banks with only domestic offices)

ASSETS
Item 1
Item 2.a
Item 2.b
Item 3.a
Item 3.b(1)
Item 3.b(2)
Items 4.a1 + 4.b + 4.c
Item 5.a(1)
Item 5.a(2)
Item 5.a(3)
Item 5.b1
Item 5.c
Item 5.d
Item 5.e
Item 5.f
Item 5.g(1)
Item 5.g(2)
Item 5.h
Item 5.i1
Item 5.j
Item 5.k(1)
Item 5.k(2)1
Item 5.I1
Item 6.a1
Item 6.b1
Item 7

RC-A, Item 5
RC-D, Items 1 + 2 + 4.a + 4.b
RC-D, Items 3 + 4.c + 5 + 9 + 11
RC-B, Column A + Column D, Items 1 + 2.a + 2.b + 4.a(1) + 4.a(2) + 4.b(1)
RC-B, Column A + Column D, Item 3
RC-B, Column A + Column D, Items 4.a(3) + 4.b(2) + 4.b(3) + 5 + 6.a + 6.b + Column D,
Item 7
RC (Balance Sheet), Items 3.a + 3.b
RC-C, Part I, Column B, Item 1.c(1)
RC-C, Part I, Column B, Items 1.a + 1.b + 1.d + 1.e
RC-C, Part I, Column B, Items 1.c(2)(a) + 1.c(2)(b)
RC-C, Part I, Column A, Items 2.a(1) + 2.a(2)
RC-C, Part I, Column A, Item 9.a
RC-C, Part I, Column B, Item 3
Not applicable
RC-C, Part I, Column B, Item 4
RC-C, Part I, Column B, Items 6.a + 6.b
RC-C, Part I, Column B, Item 6.c
RC-C, Part I, Column B, Item 8
RC-C, Part I, Column A, Items 2.b + 2.c(1) + 2.c(2) + Column B, Item 7 + Column A,
Item 9.b
RC-C, Part I, Column B, Item 10
RC-C, Part I, Column B, Item 11
RC (Balance Sheet), Item 4.c
RC (Balance Sheet), Items 4.a + 4.d
Not applicable
RC (Balance Sheet), Items 6 + 7 + 8 + 10.a +10.b + 11
RC (Balance Sheet), Item 12

LIABILITIES
Item 8
Item 9
Item 10.a1
Item 10.b1

Item 11
Item 12.a1
Item 12.b1
Item 13
Item 141

RC-E, Column A, Item 7
RC-E, Column C, Item 7
RC (Balance Sheet), Part of Items 14.a + 14.b from commercial banks + RC-M,
Part of Items 5.b(1)(a) + 5.b(1)(b) + 5.b(1)(c) + 5.b(1)(d) from commercial banks
RC (Balance Sheet), Part of Items 14.a + 14.b from noncommercial banks + RC-M,
Items 5.a(1)(a) + 5.a(1)(b) + 5.a(1)(c) + 5.a(1)(d) + Part of Items 5.b(1)(a) + 5.b(1)(b)
+ 5.b(1)(c) + 5.b(1)(d) from noncommercial banks
RC (Balance Sheet), Item 15
Not applicable
RC (Balance Sheet), Items 19 + 20
RC (Balance Sheet), Item 21
RC (Balance Sheet), Item 12 minus Item 21

MEMORANDA
Item M.11
Item M.2
Item M.3.a
Item M.3.b
Item M.4
Item M.51
Item M.61
Item M.7.a1
Item M.7.b1
Item M.81
1.

RC-D, Item 11
RC-B, Column A + Column D, Items 1 + 2.a + 2.b
RC-B, Column A + Column D, Items 4.a(1) + 4.a(2) + 4.a(3)
RC-B, Column A + Column D, Items 4.b(1) + 4.b(2) + 4.b(3)
RC-E, Memo Item 2.c
RC-D, Item 14
RC-R, Item 2
RC-S, Column C + Part of Column E, Item 1
RC-S, Column D + Part of Column E, Item 1
RC-S, Column F, Item 1

See Supplementary Instructions.

September 2006