Form FR Y-7NS FR Y-7NS Abbreviated Financial Statements of U.S. Nonbank Subsidi

DRAFT

10/19/2010

FR Y–7N
Page 1

For Federal Reserve Bank Use Only
FBO RSSD ID

Financial Statements of U.S. Nonbank Subsidiaries
Held by Foreign Banking Organizations

SUB RSSD ID
C.I.

Legal Name of Nonbank Subsidiary (TEXT 9012)

(Mailing Address of Nonbank Subsidiary) Street / P.O. Box (TEXT 9013)

If the name of the nonbank subsidiary has changed since the previous FR Y–7N
was filed with the Federal Reserve, indicate the former name of the company.
(TEXT 9023)

City

(TEXT 9024)

State

(TEXT 9026)

Zip Code

(TEXT 9027)

Schedule IS—Income Statement (calendar year-to-date)
Dollar Amounts in Thousands
1. Interest income:
a. Interest and fee income from nonrelated organizations ....................................................
b. Interest and fee income from related organizations ..........................................................
c. Total interest income (sum of items 1.a and 1.b)...............................................................
2. Interest expense:
a. Interest expense pertaining to nonrelated organizations...................................................
b. Interest expense pertaining to related organizations.........................................................
c. Total interest expense (sum of items 2.a and 2.b).............................................................
3. Net interest income (item 1.c minus item 2.c) ........................................................................
4. Provision for loan and lease losses (must equal Schedule IS-B, item 4) ...............................
5. Noninterest income:
a. From nonrelated organizations:
(1) Income from fiduciary activities .................................................................................
(2) Service charges on deposit accounts........................................................................
(3) Trading revenue ........................................................................................................
(4) Investment banking, advisory, brokerage, and underwriting fees and commissions.
(5) Venture capital revenue.............................................................................................
(6) Net servicing fees ......................................................................................................
(7) Net securitization income ..........................................................................................
(8) Insurance commissions and fees ..............................................................................
(9) Fees and commissions from annuity sales ...............................................................
(10) Other noninterest income ..........................................................................................
b. From related organizations................................................................................................
c. Total noninterest income (sum of items 5.a.(1) through 5.a.(10) and 5.b).........................
6. Realized gains (losses) on securities not held in trading accounts ........................................
7. Noninterest expense:
a. Pertaining to nonrelated organizations ..............................................................................
b. Pertaining to related organizations ....................................................................................
c. Total noninterest expense (sum of items 7.a and 7.b).......................................................
8. Income (loss) before extraordinary items and other adjustments
(sum of items 3, 5.c, and 6, minus items 4 and 7.c)...............................................................
9. Applicable income taxes (benefits) (estimated) .....................................................................
10. Extraordinary items, net of applicable income taxes ..............................................................
11. Equity in undistributed income (loss) of subsidiary(s) ............................................................
12. Net income (loss) (sum of items 8, 10, and 11 minus item 9) .................................................

FNBK

Bil

Mil

Thou

A028
A029
4107

1.a.
1.b.
1.c.

A030
A031
4073
4074
4230

2.a.
2.b.
2.c.
3.
4.

4070
4080
A220
B490
B491
B492
B493
B494
C887
B497
4619
4079
4091

5.a.(1)
5.a.(2)
5.a.(3)
5.a.(4)
5.a.(5)
5.a.(6)
5.a.(7)
5.a.(8)
5.a.(9)
5.a.(10)
5.b.
5.c.
6.

A034
C376
4093

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

3631
4302
4320
3147
4340

8.
9.
10.
11.
12.

MEMORANDUM
Dollar Amounts in Thousands

FNBK

Bil

Mil

Thou

Memorandum item 1 is to be completed by nonbank subsidiaries that have elected to account
for financial instruments or servicing assets and liabilities at fair value under a fair value option.
1. Net change in fair values of financial instruments accounted for under a fair value
option .....................................................................................................................................

(included in items 5.a.(3), 5.a.(6), 5.a.(10) and 5.b.
above)

F229

M.1.
3/08

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FR Y–7N
Page 4

10/19/2010

Schedule BS-A—Loans and Lease Financing Receivables
(exclude balances with related institutions)
Dollar Amounts in Thousands

FNBK

Loans secured by real estate .................................................................................................
Loans to depository institutions ..............................................................................................
Commercial and industrial loans ............................................................................................
Loans to individuals for personal, household, and other personal expenditures ...................
All other loans and lease financing receivables .....................................................................
Total loans and lease financing receivables (sum of items 1 through 5 above)
(must equal Schedule BS, item 3.a).......................................................................................
7. Past due and nonaccrual loans and leases:
a. Loans and leases past due 30 through 89 days................................................................
b. Loans and leases past due 90 days or more ....................................................................
c. Nonaccrual loans and leases ............................................................................................
d. Restructured loans and leases (included in items 7.a through 7.c above) ........................

1410
3622
3623
1975
A017
fnbt
2122
FNBK
1406
1407
1403
A018

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

Bil

Mil

Thou

1.
2.
3.
4.
5.
6.
7.a.
7.b.
7.c.
7.d.

Loans restructured in troubled
debt restructurings
Schedule BS-M—Memoranda
Dollar Amounts in Thousands

FNBK

1. Loans to non-U.S. addressees............................................................................................... 1722
2. Assets held in trading accounts (excluding trading balances with related
organizations):
a. Securities of U.S. government and its agencies................................................................
b. Securities of all foreign governments and official institutions ............................................
c. Equity securities ................................................................................................................
d. Corporate bonds, notes and debentures ...........................................................................
e. Revaluation gains on interest rate, foreign exchange rate, and other commodity
and equity contracts ..........................................................................................................
f. Loans.................................................................................................................................
(1) Loans that are past due 90 days or more
(a) Fair value ................................................................................................................
(b) Unpaid principal balance.........................................................................................
g. Other (including commercial paper) ..................................................................................
3. Other assets:
a. Accrued interest receivable ...............................................................................................
b. Prepaid expenses..............................................................................................................
c. Net deferred tax assets .....................................................................................................
d. Accounts receivable ..........................................................................................................
e. Intangible assets ...............................................................................................................
4. Balances due from related institutions, gross:
a. Balances due from related institutions located in the United States, gross.......................
b. Balances due from related institutions located outside the United States, gross ..............
5. Commercial paper issued ......................................................................................................
6. Other liabilities:
a. Expenses accrued and unpaid ..........................................................................................
b. Net deferred tax liabilities ..................................................................................................
c. Accounts payable ..............................................................................................................
7. Balances due to related institutions, gross:
a. Balances due to related institutions located in the United States, gross ...........................
b. Balances due to related institutions located outside the United States, gross ..................

Bil

Mil

Thou

1.

5468
5469
5470
5477

2.a.
2.b.
2.c.
2.d.

A210
G208

2.e.
2.f.

F639
F640
5478

2.f.(1)(a)
2.f.(1)(b)
2.g.

B556
A022
A023
A024
2143

3.a.
3.b.
3.c.
3.d.
3.e.

C382
C383
2309

4.a.
4.b.
5.

A025
A026
A027

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

C384
C385

7.a.
7.b.

12/09

DRAFT

10/19/2010

Schedule IS

assets and liabilities to fair value should be reported as
‘‘Other noninterest income’’ in Schedule IS, item 5(a)(10).

under the fair value option that is included in Schedule IS, item 5(a)(10), ‘‘Other noninterest income.’’

Line Item 1 Net change in fair values of financial
instruments accounted for under a fair value option.

If the amount reported in this item is negative, paper
filers should enclose it in parentheses or report with a
minus (-) sign. Electronic filers should report negative
amounts with a minus (-) sign.

Report the net change in fair values of all financial
instruments that the subsidiary has elected to account for

items 5.a.(3), "Trading revenue, 5.a.(6), "Net
servicing fees, 5.a.(10), "Other noninterest income,
and 5(b), "From related organizations."

IS-8

Schedule IS

FR Y-7N
March 2010

Schedule BS-A
DRAFT
10/19/2010
subsidiary’s bank
organization).

holding

company

or

parent

Exclude acceptances accepted by related banks (i.e.,
banks that are direct or indirect subsidiaries of the
subsidiary’s bank holding company or parent organization). Also exclude loans to foreign governments and
foreign official institutions.
Line Item 3

Commercial and industrial loans.

Report all loans (regardless of domicile) 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. These loans may take the
form of direct or purchased loans. Include commercial
and industrial loans guaranteed by foreign governmental
institutions.
Exclude:
(1) Loans secured by real estate (report in item 1);
(2) Loans for the purpose of financing agricultural production, whether made to farmers or to nonagricultural businesses (report in item 5);
(3) Loans to finance companies and insurance companies
(report in item 5);
(4) Loans to broker and dealers in securities, investment
companies, and mutual funds (report in item 5);
(5) Loans to depository institutions (report in item 2);
(6) Loans to nonprofit organizations (report in item 5);
and
(7) Loans to nondepository financial institutions (report
in item 5).
Line Item 4 Loans to individuals for personal,
household, and other personal expenditures.
Report credit card and related plans and other loans to
individuals for household, family, and other personal
expenditures. Include all loans to individuals for household, family, and other personal expenditures that are not
secured by real estate, whether direct loans or purchased
paper. Exclude loans secured by real estate (report in item
1) and loans to individuals for the purpose of purchasing
or carrying securities (report in item 5).
BS-A-2

Line Item 5
receivables.

All other loans and lease financing

Report all other loans held by the subsidiary that are not
properly included in items 1 through 4 above and all
lease financing receivables. Report all outstanding receivable balances relating to direct financing and leveraged
leases on property acquired by the subsidiary for leasing
purposes. These balances should include the estimated
residual value of leased property and must be net of
unearned income. Include all lease financing receivables
of states and political subdivisions in the U.S. Also
include all loans to foreign governments and official
institutions.
Line Item 6
receivables.

Total loans and lease financing

Report the sum of items 1 through 5.

included in item 6 above
Line Item 7
leases.

Past due and nonaccrual loans and

Report the subsidiary loans and lease financing receivables that are past due 30 through 89 days and still
accruing in item 7(a), past due 90 days or more and still
accruing in item 7(b), in nonaccrual status in item 7(c),
and restructured loans and leases included in past due and
nonaccrual loans in item 7(d). Report the full outstanding
balances of the past due loans and lease financing
receivables, not simply the delinquent payments.

loans restructured in troubled
debt and
restructurings
Line Item 7(a) Loans
leases past due 30
through 89 days.
Report loans and lease financing receivables that are
contractually past due 30 through 89 days as to principal
or interest payments, and still accruing. Include restructured loans and leases past due 30 through 89 days and
still accruing.
Line Item 7(b)
or more.

Loans and leases past due 90 days

Report loans and lease financing receivables that are
contractually past due 90 days or more as to principal or
interest payments, and still accruing. Include restructured
loans and leases past due 90 days or more and still
accruing.
Schedule BS-A

FR Y-7N
March 2007

DRAFT

10/19/2010

Schedule BS-A
loans restructured in troubled
debt restructurings
Line Item 7(c)

Loans restructured in troubled
debt restructurings

Nonaccrual loans and leases.

Report loans and lease financing receivables accounted
for on a nonaccrual status. Include restructured loans and
leases that are in nonaccrual status. For purposes of this
report, report loans and leases as being in nonaccrual
status if: (a) they are maintained on a cash basis because
of deterioration in the financial position of the borrower,
(b) payment in full of interest or principal is not expected,
or (c) principal or interest has been in default for a period
of 90 days or more unless the obligation is both wellsecured and in the process of collection.
NOTE: Loans to individuals for household, family, and
other personal expenditures and loans secured by 1–4
family residential properties on which principal or interest is due and unpaid for 90 days or more are not required
to be reported as nonaccrual loans. Nevertheless, such
loans should be subject to other alternative methods of
evaluation to assure that the subsidiary’s net income is
not materially overstated. To the extent that the subsidiary has elected to carry any loans in nonaccrual status on
its books, such loans must be reported as nonaccrual in
this item.

FR Y-7N
Schedule BS-A

March 2007

Line Item 7(d) Restructured loans and leases
included in items 7(a) through 7(c) above.

Loans restructured in troubled debt

Report loans and leases that, under their modified terms,
restructurings
are past due 30 days or more and still accruing or are in
nonaccrual status as of the report date. Report such loans
and leases in items 7(a), 7(b), or 7(c), (and exclude from
item 6). Restructured debt includes those loans and lease
financing receivables that have been restructured or
renegotiated to provide a reduction of either interest or
principal because of a deterioration in the financial
position of the borrower. 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 restructured
debt.

Include

Exclude all loans to individuals for household, family,
and other personal expenditures, and all loans secured by
1−4 family residential properties. (However, restructured
loans of these two types that subsequently become past
due 90 days or more or are placed in nonaccrual status
should be reported accordingly.)

BS-A-3