Form FR 2502q FR 2502q Quarterly Report of Assets and Liabilities of Large Fore

DRAFT
QUARTERLY REPORT OF ASSETS AND LIABILITIES
OF LARGE FOREIGN OFFICES OF U.S. BANKS

FR 2502q
OMB No. 7100–0079
Approval Expires March 2009

If this report is for one branch or subsidiary, give its address below:
Date of report

Parent

Street

Country of branch(es) or subsidiaries

City

FOR FEDERAL RESERVE USE ONLY
Parent
F.R. District

State no.

or Dependency

BHC no.

Bank no.

Branch or subsidiary country code

Branch or
subsidiary code

Year

The number of branches
or subsidiaries included
in this report is

Month

PLEASE READ INSTRUCTIONS CAREFULLY BEFORE COMPLETING THIS REPORT.
Dollar Amounts in Millions

Country of Address of Customer

Code

EUROPE
Andorra
10103
Albania ..................................................................................................................
Armenia .................................................................................................................
Austria ...................................................................................................................
Azerbaijan .............................................................................................................
Bank for International Settlements ........................................................................
Belarus ..................................................................................................................
Belgium .................................................................................................................
Bosnia and Herzegovina .......................................................................................
Bulgaria .................................................................................................................
Croatia ...................................................................................................................
Cyprus ...................................................................................................................
Czech Republic .....................................................................................................
Denmark (including Faroe Islands and Greenland) ..............................................
Estonia ..................................................................................................................
European Central Bank .........................................................................................
Finland ..................................................................................................................
France (including Andorra) ....................................................................................
Georgia .................................................................................................................
Germany ...............................................................................................................
Gibraltar ................................................................................................................
Greece ..................................................................................................................
Holy See (Vatican City) .........................................................................................
Hungary ................................................................................................................
Iceland ...................................................................................................................
Ireland ...................................................................................................................
Italy (including San Marino) ..................................................................................
Kazakhstan ...........................................................................................................
Liechtenstein
Kyrgyzstan .............................................................................................................
11606
Latvia .....................................................................................................................
Lithuania ................................................................................................................
Luxembourg ..........................................................................................................
Macedonia, The Former Yugoslav Republic of ......................................................
Malta .....................................................................................................................
Moldova .................................................................................................................

15105
16519
10189
16527
13307
16209
10251
14109
15202
14214
10405
15288
10502
15407
13501
10707
10804
16535
11002
11088
11207
13102
15504
11304
11401
11509
16543
16551
15601
15709
11703
14419
11819
16306

Assets
Bil

Mil

Bil

Liabilities
Mil

This report is required by law [12 U.S.C. §§248(a)(2), 353 et seq ., 461, 602, and 625].
The Federal Reserve may not conduct or sponsor, and an organization (or a person) is not required to respond to, a collection of information unless it displays a currently
valid OMB control number. The Federal Reserve System regards the individual bank information provided by each respondent as confidential. If it should be determined
subsequently that any information collected on this form must be released, the respondents will be notified.
Public reporting burden for this collection of information is estimated to average 3.5 hours per response, including the time to gather and maintain data in the required
form and to review instructions and complete the information collection. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, N.W., Washington, D.C. 20551;
and to the Office of Management and Budget, Paperwork Reduction Project (7100-0079), Washington, D.C. 20503.

DRAFT
FR2502q
Page 2 of 5

or Dependency

Dollar Amounts in Millions
Country of Address of Customer

Code

EUROPE continued
Monaco .................................................................................................................
Netherlands ...........................................................................................................
Norway ..................................................................................................................
Poland ...................................................................................................................
Portugal (including Azores and Madeira Islands) .................................................
Romania ................................................................................................................
Russia ...................................................................................................................
Serbia and Montenegro ........................................................................................
Slovakia .................................................................................................................
Slovenia ................................................................................................................
Spain (including Canary Islands) ..........................................................................
Sweden .................................................................................................................
Switzerland (including Liechtenstein) ...................................................................
Tajikistan ...............................................................................................................
Guernsey
Turkey ....................................................................................................................
Turkmenistan .........................................................................................................
Jersey
Ukraine ..................................................................................................................
Isle of Man
United Kingdom: Channel Islands and Isle of Man ............................................
England ...................................................................................
13006
Northern Ireland ......................................................................
13007
Scotland ..................................................................................
13008
Wales ......................................................................................
Uzbekistan ............................................................................................................
18007
TOTAL EUROPE included above .........................................................................

12009
12106
12203
15768
12319
15806
16101
13218
15318
14338
12505
12602
12688
16578
12807
16616
16403
13056
13153
13234
13382
13455
16705
19003

Other Europe

19992

CANADA (TOTAL) .....................................................................................................

29998

35203

LATIN AMERICA AND CARIBBEAN
Argentina ...............................................................................................................
Antigua and Barbuda
35254
Bahamas ...............................................................................................................
Aruba
Barbados ...............................................................................................................
Belize ....................................................................................................................
Bermuda ................................................................................................................
Bolivia ....................................................................................................................
British West Indies: Anguilla ................................................................................
British Virgin Islands ............................................................
Cayman Islands ...................................................................
Montserrat ...........................................................................
Turks and Caicos Islands ....................................................
Brazil .....................................................................................................................
Chile ......................................................................................................................
Colombia ...............................................................................................................
Costa Rica .............................................................................................................
Cuba ......................................................................................................................
Dominican Republic ..............................................................................................
Ecuador (including Galapagos Islands) ................................................................
El Salvador ............................................................................................................
French West Indies and French Guiana ................................................................
Grenada ................................................................................................................
Guatemala .............................................................................................................
Guyana ..................................................................................................................
Haiti .......................................................................................................................

30104
35319
30155
35718
35602
30201
30228
35807
36137
37109
37818
30309
30406
30503
30589
30708
30805
31003
31089
36609
36706
31208
31305
31402

Assets
Bil

Mil

Bil

Liabilities
Mil

DRAFT
FR2502q
Page 3 of 5

or Dependency

Dollar Amounts in Millions
Country of Address of Customer

Code

LATIN AMERICA AND CARIBBEAN continued
Honduras ...............................................................................................................
Jamaica .................................................................................................................
Mexico ...................................................................................................................
Netherlands Antilles (including Aruba) .................................................................
Nicaragua ..............................................................................................................
Panama (including Canal Zone) ...........................................................................
37303
Paraguay ...............................................................................................................
37508
St. Kitts and Nevis
Peru .......................................................................................................................
St. Lucia
Suriname ...............................................................................................................
Trinidad and Tobago ..............................................................................................
Uruguay .................................................................................................................
Other Latin America and Caribbean
Venezuela .............................................................................................................
TOTAL LATIN AMERICA AND CARIBBEAN included above .............................

31488
31607
31704
37206
31801
31887
32107
32204
37702
32409
32603
32719
39104

39004
ASIA
39993
Afghanistan ...........................................................................................................
Bahrain ..................................................................................................................
Bangladesh ...........................................................................................................
Bhutan ...................................................................................................................
Brunei ....................................................................................................................
Burma ....................................................................................................................
Cambodia ..............................................................................................................
China: Mainland ..................................................................................................
Taiwan .....................................................................................................
Hong Kong ..............................................................................................
India (including Sikkim and Goa) ..........................................................................
Indonesia ...............................................................................................................
Iran ........................................................................................................................
Iraq ........................................................................................................................
Israel .....................................................................................................................
Japan (including Ryukyu Islands) .........................................................................
Jordan ...................................................................................................................
Korea, North ..........................................................................................................
Korea, South .........................................................................................................
Kuwait ....................................................................................................................
Laos ......................................................................................................................
Maldives
Lebanon ................................................................................................................
Macau ...................................................................................................................
43702
Malaysia (including Sabah and Sarawak) .............................................................
Mongolia ................................................................................................................
Nepal .....................................................................................................................
Oman ....................................................................................................................
Pakistan .................................................................................................................
Philippines .............................................................................................................
Qatar .....................................................................................................................
Saudi Arabia ..........................................................................................................
Singapore ..............................................................................................................
Sri Lanka ...............................................................................................................
48909
Syria ......................................................................................................................
Thailand ................................................................................................................
49999
United Arab Emirates ............................................................................................
Other Asia
Vietnam .................................................................................................................
Yemen ...................................................................................................................
TOTAL ASIA included above ................................................................................

40401
40703
40746
40819
41009
41106
41203
41408
46302
42005
42102
42218
42307
42404
42501
42609
42706
44407
43001
43109
43303
43419
43508
43605
43818
44202
44105
44709
44806
45101
45608
46019
41319
46205
46418
46604
46906
47104
49107

Assets
Bil

Mil

Bil

Liabilities
Mil

DRAFT
FR2502q
Page 4 of 5

or Dependency

Dollar Amounts in Millions
Country of Address of Customer

Code

AFRICA
Algeria ...................................................................................................................
Angola ...................................................................................................................
Benin .....................................................................................................................
Botswana ...............................................................................................................
Burkina Faso .........................................................................................................
Burundi ..................................................................................................................
Cameroon .............................................................................................................
Central African Republic .......................................................................................
Chad ......................................................................................................................
Congo (Brazzaville) ...............................................................................................
Congo (Kinshasa) .................................................................................................
Cote d’Ivoire ..........................................................................................................
Djibouti ..................................................................................................................
Egypt .....................................................................................................................
Equatorial Guinea .................................................................................................
Eritrea ....................................................................................................................
Ethiopia .................................................................................................................
Gabon ...................................................................................................................
Gambia ..................................................................................................................
Ghana ...................................................................................................................
Guinea ...................................................................................................................
Guinea-Bissau .......................................................................................................
Kenya ....................................................................................................................
Lesotho .................................................................................................................
Liberia ...................................................................................................................
Libya ......................................................................................................................
Madagascar ..........................................................................................................
Malawi ...................................................................................................................
Mali ........................................................................................................................
Mauritania .............................................................................................................
Mauritius ................................................................................................................
Morocco (including Tangier and Ifni) .....................................................................
Mozambique ..........................................................................................................
Namibia .................................................................................................................
Niger ......................................................................................................................
Nigeria ...................................................................................................................
Rwanda .................................................................................................................
Senegal .................................................................................................................
Seychelles .............................................................................................................
Sierra Leone ..........................................................................................................
Somalia .................................................................................................................
South Africa ...........................................................................................................
Sudan ....................................................................................................................
Swaziland ..............................................................................................................
Tanzania (including Zanzibar) ...............................................................................
Other Africa
Togo ......................................................................................................................
Tunisia ...................................................................................................................
Uganda ..................................................................................................................
58904
Zambia ..................................................................................................................
59994
Zimbabwe ..............................................................................................................
TOTAL AFRICA included above ...........................................................................

50105
50202
51802
50504
57118
50806
51004
51306
51403
51608
51705
53007
52302
57002
51942
52019
52108
52418
52507
52604
52701
54402
53104
53155
53201
53309
53406
53503
53589
53708
53805
54003
54089
54127
54208
54305
55018
55301
55409
55506
55603
55719
56103
56219
56405
56502
56707
56804
57207
54704
59005

Assets
Bil

Mil

Bil

Liabilities
Mil

DRAFT
FR 2502q
Page 5 of 5

or Dependency

Dollar Amounts in Millions
Country of Address of Customer

Code

OTHER COUNTRIES
Australia ................................................................................................................
British Indian Ocean Territory ................................................................................
Fiji ..........................................................................................................................
Marshall Islands
French Polynesia ...................................................................................................
Micronesia, Federated States of
New Caledonia ......................................................................................................
New Zealand .........................................................................................................
61204
Palau .....................................................................................................................
60305
Papua New Guinea ...............................................................................................
Vanuatu .................................................................................................................
All Other Countries
Samoa (formerly Western Samoa) ........................................................................
TOTAL OTHER COUNTRIES included above ......................................................

60089
60208
60607
60704
61409
61689
62502
61751
61603
62618
69108

63908
69906
UNITED STATES1 ......................................................................................................
U.S. Territories:

American Samoa ......................................................................
Guam ........................................................................................
Northern Mariana Islands .........................................................
Puerto Rico ..............................................................................
U.S. Minor Outlying Islands ......................................................
and European
Virgin Islands ............................................................................
Central Bank

79995

UNALLOCATED .........................................................................................................

88862

TOTAL, all areas ....................................................................................................

99996

MEMORANDA
1. Amounts included in “UNITED STATES” above (country code 01007)
for claims on, and liabilities to, U.S. addressees as follows:
a. The parent bank .................................................................................
b. Other depository institutions in the United States ..............................
c. U.S. addressees other than depository institutions ............................
2. Amounts included in "TOTAL, all areas" above (country code 99996)
that represent claims and liabilities from the fair value of
derivatives contracts, if any .....................................................................
3. Amounts included in “TOTAL, all areas” above (country code 99996)
that represent claims on, and liabilities to, other non-U.S. offices of the
parent bank .............................................................................................

Official Signature

Bil

Mil

Liabilities
Bil
Mil

01007
01031
01058
01074
01104
01139
01155

INTERNATIONAL AND REGIONAL ORGANIZATIONS
(excluding Bank for International Settlements) ..........................................................

FOR
FRB
USE
ONLY

Assets

Assets
Bil

Mil

FOR
FRB
USE
ONLY

1306
1349
1369

2995
2961
2964

C424

C425

1357

1366

Name of contact at parent bank

Email address
1. The term “United States” includes only the fifty states, the District of Columbia, and U.S. military facilities wherever located.

Liabilities
Mil

Bil

Telephone no.

DRAFT

FR 2502q
Page 1 of 3

REPORTING INSTRUCTIONS
PART I—GENERAL INSTRUCTIONS

report dates during the calendar year. A branch or subsidiary that
is above the reporting threshold as of the end of December should
report for the following calendar year.

A. Introduction
This report obtains data on the geographical distribution of the
assets and liabilities of major foreign branches and subsidiaries of
U.S. commercial banks and of Edge and agreement corporations
(“banks”). All assets and liabilities are to be reported gross, except
where otherwise noted in these instructions, in U.S. dollar equivalents as shown on the books of the reporting branch or subsidiary,
not on the books of the “parent bank.” The reporting standards for
this report should be the same as those for the Consolidated
Reports of Condition and Income (FFIEC 031) unless explicitly
stated otherwise in these instructions.
U.S. bank holding companies, including financial holding companies, commercial
banks and banking Edge and agreement corporations

B. Who Files Reports
The U.S. head office of bank holding companies, commercial banks,
and Edge and agreement corporations files quarterly reports for
certain branches and subsidiaries located outside the United States,
excluding branches on U.S. military facilities wherever located.

C. For Which Offices Reports Are Filed
Reports are to be filed for all branches and subsidiaries that are
located in the United Kingdom or the Caribbean (listed below), that
are not located in a U.S. military facility, and that meet the following
criteria:
• branches filing the Foreign Branch Report of Condition–
FFIEC 030 whose total assets payable in all currencies amount
to $500 million or more on a report date,
• subsidiaries filing the quarterly Financial Statements of Foreign
Subsidiaries of U.S. Banking Organizations (FR 2314) that have
a banking charter and engage in banking business, and that
report $2 billion or more in total assets in Schedule BS, item 10
and $10 million or more in total deposits in Schedule BS-M,
item 6.
Antigua
An office is located in the Caribbean if it is located in any of the
following: Anguilla, Antiqua and Barbuda, Aruba, Bahamas, Barbados, Bermuda, British Virgin Islands, Cayman Islands, Cuba,
Dominica, Dominican Republic, Grenada, Guadeloupe (including
Marie-Galante, La Desirade, Iles des Saintes, St. Barthelemy, and
northern St. Martin), Haiti, Jamaica, Martinique, Montserrat, Netherlands, Antilles (including Bonaire, Curacao, Saba, St. Eustatius,
and southern St. Martin), St. Kitts, and Nevis, St. Lucia, St. Vincent
and the Grenadines, Trinidad and Tobago, and the Turks and Caicos
Islands.
Once a branch or subsidiary has met the criteria stated above,
reports should continue to be filed for that branch or subsidiary for
each remaining quarter in the calendar year regardless of whether
the amount falls below the reporting threshold on subsequent

The total assets test defined above applies to the total of the foreign branch’s or subsidiary’s international and local assets,
regardless of the currency in which the assets are payable. The
test does not apply separately to offshore banking units, foreign
currency units, or any other administrative division within a branch
or subsidiary. Similarly, the assets and liabilities reported should
be those of the entire branch or subsidiary and those not booked
only in an administrative or regulatory subdivision of the branch or
subsidiary. or dependency
(or dependency)
As an alternative to filing separate reports for several individual
branches in the same country, a bank may choose to file a consolidated report for all of its branches in a single country as long as the
report is filed on schedule with the Federal Reserve Bank. If the
report form breaks a country into several geographical areas (as,
e.g., the United Kingdom is broken into Channel Islands and the
Isle of Man, England, Northern Ireland, Scotland, and Wales), then
consolidated reporting should be limited to all branches (or all subsidiaries) located in a single defined area. Under this alternative
all branches in that country must be included in the consolidated
report, regardless of their individual sizes; and the number of
branches in the country must be indicated in the appropriate place
on the report. Changes in this reporting procedure—for example,
changing from individual reports to a single consolidated report for
all branches in the same country (and vice versa)—may be made
only in the first quarter of a calendar year and must be approved by
the Federal Reserve Bank with whom the reports are filed. When a
bank has had a single branch in a country and that branch has
been preparing a FR 2502q report, a de novo second branch
of the parent bank may, without prior approval, file on a consolidated basis with the first branch provided that consolidated reports
are begun as of the first reporting date after the second branch
opens.
Guernsey, Isle of Man, Jersey,
Similarly, a reporter may choose to file a consolidated report for all
of its subsidiaries in a single country, under the same terms stipulated above for branches. Branches and subsidiaries, however, may
not be consolidated on one report, regardless of where they are
located.
(or dependency)
claims on
In reporting, a branch or subsidiary may elect to omit assets
and liabilities vis-a-vis an individual country if both total claims
on and total liabilities to addressees in that country are less than
$1 million (equivalent). These and other assets and liabilities
that are not reported under a specific country or international
organization—because the country was not listed on the reporting
form, or because the customer was not known to the bank (as would
be the case with negotiable certificates of deposit)—should be
included in “UNALLOCATED” (country code 88862).
Amounts reported should be rounded to the nearest million
dollars.

Insert 1

to residents of

DRAFT
D. Report Date

(or dependency)

FR 2502q
Page 2 of 3

H. International and Regional Organizations

Reports are to be prepared as of the close of business on the
last business day of the quarter in the country in which the branch
or subsidiary is located.
U.S bank holding companies, including financial holding companies,
commercial banks, and banking Edge and agreements corporations

E. When and Where Reports Are Filed
The U.S. head office should file the reports required for its branches
and subsidiaries with the Federal Reserve Bank of the District in
which the head office is located, on the schedule stipulated by the
Reserve Bank.

Assets and liabilities in accounts of international and regional
organizations should be reported on the line provided for these
accounts and not opposite the country in which the headquarters
or a branch office of such organization is located. However, assets
and liabilities in accounts of the Bank for International Settlements
and the European Central Bank should be reported on the lines
provided on the form (country codes 13307 and 13501, respectively) under the heading “EUROPE.” Any transactions with a single
country's central bank should continue to be reported opposite the
country of that central bank.

(or dependency)
F. Method of Submitting Data to Federal Reserve Bank
Repor ts may be submitted on the printed repor ting form
FR 2502q. Alternatively, reports may be submitted in any other format that is mutually satisfactory both to the reporting bank and to
the Federal Reserve Bank. All reports should be clear and
legible. Handwritten reports must be submitted in ink.

or Dependency

(or dependency)

G. Determination of Country of Customer

or dependency

Assets and liabilities should be reported according to the country
of the principal address of the customer (i.e., depositor, creditor,
borrower, obligor, etc.). If the principal address is unclear, the branch
or subsidiary may use as the principal address that address to
which statements of the customer’s account (or receipted notes)
are sent. However, the address of a bank “shell” branch is the country
in which the branch is authorized to operate, even though statements may be sent to the head office in a different country. Care
should be taken to ensure that accounts of foreign branches or
subsidiaries of U.S. corporations are not reported as U.S. accounts,
and that accounts of U.S. branches or subsidiaries of foreign corporations are not reported as non-U.S.. accounts, (i.e., that domicile and not ownership determine the identification of the country
of customer). U.S. accounts are those of customers domiciled in
the fifty states, the District of Columbia, and on U.S. military facilities wherever located. All other persons or corporations are nonU.S. addressees.
Securities and other assets, as well as claims and liabilities resulting from the fair value of derivatives contracts, should be reported
according to the principal address of the obligor, not the address
of a guarantor or parent company (i.e., do not report positions on
an ultimate risk basis).
(or dependency)
However, if the branch or subsidiary files regular reports with the
authorities of its country of domicile which use a different basis
than the above for determining the country of customer, the branch
or subsidiary may employ that basis in completing this report but
should note differences in this regard by indicating such on the
report form.
The liability for the permanent investment of the parent bank in the
branch should be shown as a liability to the United States.
Assets and liabilities in accounts with customers in Puerto Rico
and U.S. dependencies should be reported on the line provided for
these accounts.

Insert 2

I. Unallocated Accounts

N

should

The unallocated category is intended to capture items that cannot
be allocated to a particular country. 1) A respondent may exclude
assets and liabilities vis-a-vis a country if both claims on and
liabilities to addressees in that country are less than $1 million
(equivalent). If the respondent elects to do this, these assets and
liabilities should be reported under “UNALLOCATED” (country code
88862). 2) Include in “UNALLOCATED” assets and liabilities for
which the country of customer is not named on the FR 2502q
reporting form. 3) Include in “UNALLOCATED” assets and liabilities for which the customer (and, hence, the country of customer)
is not known to the respondent. For example, negotiable certificates of deposit and acceptances (both liabilities) will likely be
included in “UNALLOCATED” because it is likely that the customer
is not known to the respondent. On the other hand, customer’s
liability on acceptances (an asset) should be reported according to
the country of the principal address of the account party who is the
obligor. Unrealized gains or losses resulting from exchange rate
translations should be recorded as “UNALLOCATED” (country code
88862).
,which includes foreign governments and any of its subdivisions or
J. Valuation

agencies, including all foreign official non-banking institutions,
even if located in the U.S. (e.g. an embassy of a foreign country).

Assets and liabilities should be valued using U.S. GAAP. Assets or
liabilities payable in foreign currencies should be converted into
U.S. dollars at the exchange rate prevailing on the report date.
Claims and liabilities resulting from the fair value of derivatives
contracts items should be reported on a gross basis, except such
contracts with the same counterparty that meet the criteria for a
valid right of setoff contained in FSAB Interpretation Number 39.
Foreign currency translations should be reported net.
K. Total Assets Must Equal Total Liabilities
Components of column totals and subtotals must sum to their
respective total or subtotal. Moreover, total assets must equal total
liabilities (country code 99996).
L. Negative Numbers
All amounts should be reported as positive balances. Items such
as 1) undivided profits or accumulated operation losses, and
2) unremitted foreign currency translation adjustments should be
reported as positive amounts due to or due from the parent.

DRAFT
PART II—SPECIFIC ITEM INSTRUCTIONS
Memoranda
Item 1. Amounts included in “UNITED STATES” above (country code 01007) for claims on, and liabilities to, U.S. addressees as follows: Do not include negotiable CDs; they are reported
in “UNALLOCATED” (country code 88862) in the body of the
report.
The term “United States” (U.S.) includes the fifty states, the
District of Columbia, and U.S. military facilities wherever located.
The term “U.S. addressee” includes any person or corporation
whose principal address (i.e., domicile), according to the records
of the reporting branch, is in the United States. (See Section G of
General Instructions.)
Item 1.a. Claims on, and liabilities to, U.S. parent bank (as
defined below). Include as assets all advances to the U.S. parent
bank, balances due from the parent bank, and acceptances created for the parent bank as well as all loans, securities, or other
assets purchased from the U.S. parent bank under a specific
repurchase agreement. Exclude all assets acquired from the parent bank without repurchase agreements.
Include as liabilities advances from the U.S. parent bank or balances due to the parent bank, including the liability of the branch
or subsidiary to the parent bank resulting from acceptances confirmed, endorsed, or created by the parent bank for the branch or
subsidiary. If this report is being filed for a branch or branches, also
include as a liability the permanent investment of the parent bank
in the branch(es). If this report is being filed for a subsidiary or
subsidiaries, include subsidiary equity in this item.

FR 2502q
Page 3 of 3

depository institutions.” Trust departments are to be excluded from
the parent bank and included in “U.S. addressees other than
depository institutions.”
Item 1.b. Claims on, and liabilities to, other depository institutions in the United States. Report claims on, and liabilities, other
than negotiable CDs, to other depository institutions in the United
States.
Other depository institutions in the United States. The term
“other depository institutions in the United States” (i.e., other than
the parent bank) includes commercial banks, unaffiliated Edge and
agreement corporations, branches and agencies of foreign banks,
building or savings and loan associations, mutual or stock savings
banks, cooperative banks, credit unions, and homestead associations, located in the fifty states of the United States, the District of
Columbia, and on U.S. military facilities wherever located. This term
also includes International Banking Facilities of the abovementioned institutions. It excludes trust departments, all banking
offices in Puerto Rico and U.S. territories and possessions, and
U.S. government and international financial institutions. Trust
departments are included below in Item 1.c.
Item 1.c. Claims on, and liabilities to, U.S. addressees other
than depository institutions. Report claims on, and liabilities, other
than negotiable CDs, to U.S. addressees other than the parent bank
and other depository institutions. Include balances of trust departments. Include balances of the parent bank’s holding company, if
not consolidated and reported in Item 1.a. above. Note: The amounts
reported for “UNITED STATES” (country code 01007) must equal
the sum of memorandum items 1.a., 1.b., and 1.c.

Unremitted profits/losses are balances due to or due from the parent bank and should be reported as assets (for net losses) or
liabilities (for net profits).

Item 2. Amounts included in “TOTAL, all areas” above (country code 99996) that represent claims and liabilities from the
fair value of derivatives contracts, if any. Report the claims and
liabilities reported anywhere on this form that are attributable to
the fair value of derivatives contracts, if any.

Parent bank. The term “parent bank” includes all U.S. offices and
branches of the “bank” of which the reporting branch or subsidiary
is a part. It includes the parent bank’s International Banking Facility. In addition, it includes such bank’s Edge and agreement subsidiaries and other subsidiaries in the fifty states and the District of
Columbia that are consolidated with the parent bank for purposes
of reporting on the FFIEC 031. Branches at U.S. military facilities
wherever located are also to be included with the parent bank.
“Parent bank” excludes the bank holding company owning the bank
filing these reports and other U.S. subsidiaries, branches or agencies of that holding company, unless they are consolidated with the
bank when it files condition reports with banking authorities in the
United States. If the bank holding company is not consolidated, it
is reported in memorandum Item 1.c., “U.S. addressees other than

Item 3. Amounts included in “TOTAL, all areas” above (country
code 99996) that represent claims on, and liabilities to, other
non-U.S. offices of the parent bank. Report claims on, and
liabilities to, other non-U.S. branches or subsidiaries of the parent
bank that are located either within or outside the country of domicile of the reporting branch or subsidiary. Include such claims and
liabilities whether or not the particular branches or subsidiaries
against which the claims and liabilities exist are exempt from
reporting on the FR 2502q. Non-U.S. branches or subsidiaries are
those located outside the fifty states of the United States and the
District of Columbia, excluding those on U.S. military facilities, wherever located. Note: The amounts reported in memorandum item 3
must not exceed the amounts reported in “TOTAL, all
areas,” (country code 99996).

FR 2502q instructions – inserts
November 19, 2008
Insert 1
Sshould be summed for each region and entered in the appropriate row for other countries
in each region (e.g., “Other Europe”). Assets and liabilities for which
Insert 2
For customers that residinge in a country that is not listed on the form, a subtotals of
assets and liabilities should be calculated for each region and should be listed in the lines
provided on the form for other countries in each region (e.g., “Other Europe”).