Form FR 2314 FR 2314 Financial Statements of Foreign Subsidiaries of U.S. Ban

DRAFT

10/19/2010

INTERNAL FR

PARENT RSSD ID

Financial Statements of Foreign Subsidiaries
of U.S. Banking Organizations
Legal Name of Foreign Subsidiary

(TEXT 9012)

If the name of the foreign subsidiary has changed since the previous FR 2314
was filed with the Federal Reserve, indicate the former name of the company.
(TEXT 9023)

SUB RSSD ID
C.I.

(Mailing Address of Foreign Subsidiary) Street / P.O. Box

City

FR 2314
Page 1

For Federal Reserve Bank Use Only

(TEXT 9024)

Country

(TEXT 9013)

(TEXT 9005)

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) ................................................

SUBI

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.

MEMORANDA
Dollar Amounts in Thousands
Memorandum item 1 is to be completed by nonbank subsidiaries that are required to complete
Schedule BS-A, Memorandum items 1.b and 1.c.
1. Noncash income from negative amortization on closed-end loans secured by 1–4 family
residential properties (included in Schedule IS, item 1.a) ......................................................
Memorandum item 2 is to be completed by subsidiaries that have elected to account for
financial instruments or servicing assets and liabilities at fair value under a fair value option.
2. 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)

SUBI

Bil

Mil

Thou

F228

M.1.

F229

M.2.

3/08

DRAFT

10/19/2010

INTERNAL FR

FR 2314
Page 4

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

SUBC

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
subt
2122
SUBC
1406
1407
1403
A018

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

MEMORANDA

Bil

Mil

Thou

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

Loans restructured in troubled
debt restructurings
Dollar Amounts in Thousands

SUBC

Bil

Mil

Thou

1. Closed-end loans with negative amortization features secured by 1–4 family
residential properties:
Memorandum item 1.a is to be completed by all nonbank subsidiaries
a. Total carrying amount of closed-end loans with negative amortization features
secured by 1–4 family residential properties (included in Schedule BS-A, item 1) ........... F230
Memoranda items 1.b and 1.c are to be completed by nonbank subsidiaries that had
closed-end loans with negative amortization features secured by 1–4 family residential
properties (included in Schedule BS-A, item 1) as of December 31, 2009, in excess of
5 percent of total loans and leases, net of unearned income (as reported in Schedule
BS-A, item 6)
b. Total maximum remaining amount of negative amortization contractually permitted on
closed-end loans secured by 1–4 family residential properties ......................................... F231
c. Total amount of negative amortization on closed-end loans secured by 1–4 family
residential properties included in the carrying amount reported in Memorandum
item 1.a above ................................................................................................................... F232

M.1.a.

M.1.b.

M.1.c.

3/10

DRAFT

10/19/2010

INTERNAL FR

Schedule IS

scope of 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 issue.
Similarly, when the fair value option has been applied to
a purchased impaired loan or debt security accounted for
under 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 Statement of
Position 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 BS
at fair value under a fair value option (excluding servicing assets and liabilities reported in Schedule BS, item 7,
“All other assets,” and Schedule BS, item 14, “Other

liabilities,” respectively, and trading assets and trading
liabilities reported in Schedule BS, item 4, ‘‘Trading
assets,’’ and Schedule BS, item 11, ‘‘Trading liabilities,’’
respectively) resulting from the periodic marking of such
assets and liabilities to fair value should be reported as
“Other noninterest income” in Schedule IS, item
5(a)(10).
Line Item 2 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 subsidiary has elected to account for
under the fair value option that is included in Schedule IS, item 5(a)(10), ‘‘Other noninterest income.’’
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.

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

IS-8

Schedule IS

FR 2314
March 2010

10/19/2010

Schedule BS-A

the subsidiary’s bank holding company or parent
organization).

Line Item 5
receivables.

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.

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 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.

Line Item 6
receivables.

(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

Total loans and lease financing

Report the sum of items 1 through 5.

included in item 6 above

Exclude:
(1) Loans secured by real estate (report in item 1);

All other loans and lease financing

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 restructurings
Line Item 7(a) Loans and 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 2314
March 2007

DRAFT

10/19/2010

INTERNAL FR

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

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.

Memoranda
Line Item 1. Closed-end loans with negative
amortization features secured by 1–4 family
residential properties.

Report in the appropriate subitem the carrying amount of
closed-end loans with negative amortization features
secured by 1–4 family residential properties and, if
certain criteria are met, the maximum remaining amount
of negative amortization contractually permitted on these
loans and the total amount of negative amortization
included in the carrying amount of these loans. Negative
amortization refers to a method in which a loan is
NOTE: Loans to individuals for household, family, and
structured so that the borrower’s minimum monthly (or
other personal expenditures and loans secured by 1–4
other periodic) payment is contractually permitted to be
family residential properties on which principal or interless than the full amount of interest owed to the lender,
with the unpaid interest added to the loan’s principal
est is due and unpaid for 90 days or more are not required
balance. The contractual terms of the loan provide that if
to be reported as nonaccrual loans. Nevertheless, such
the borrower allows the principal balance to rise to a
loans should be subject to other alternative methods of
pre-specified amount or maximum cap, the loan payevaluation to assure that the subsidiary’s net income is
ments are then recast to a fully amortizing schedule.
not materially overstated. To the extent that the subsidiNegative amortization features may be applied to either
ary has elected to carry any loans in nonaccrual status on
adjustable-rate mortgages or fixed-rate mortgages, the
its books, such loans must be reported as nonaccrual in
latter commonly referred to as graduated payment mortthis item.
gages (GPMs).
Loans restructured in troubled

debt restructurings
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.)
FR 2314
Schedule BS-A

March 2007

Line Item 1(a) Total carrying amount of
closed-end loans with negative amortization features
secured by 1–4 family residential properties
(included in Schedule BS-A, item 1).
This item is to be completed by all nonbank subsidiaries.
Report the total carrying amount (before any loan loss
allowances) of, i.e., the recorded investment in, closedend loans secured by 1–4 family residential properties
whose terms allow for negative amortization. The carrying amounts included in this item will also have been
reported in Schedule BS-A, item 1.
Memoranda items 1(b) and 1(c) are to be completed by
nonbank subsidiaries that had closed-end loans with
negative amortization features secured by 1–4 family
residential properties (included in Schedule BS-A, item
1) as of the previous December 31 report date, with a
carrying amount (before any loan loss allowances) that
exceeds 5 percent of total loans and leases, net of
unearned income (as reported in Schedule BS-A, item 6)
as of the previous December 31 report date.
BS-A-3

DRAFT

10/19/2010

INTERNAL FR For Federal Reserve Bank Use Only

Financial Statements of U.S. Nonbank Subsidiaries
of U.S. Bank Holding Companies

BHC RSSD ID
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–11
was filed with the Federal Reserve, indicate the former name of the company.
(TEXT 9023)

City

(TEXT 9024)

FR Y–11
Page 1

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) ................................................

BHCS

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.

MEMORANDA
Dollar Amounts in Thousands

BHCS

Memorandum item 1 is to be completed by nonbank subsidiaries that are required to complete
Schedule BS-A, Memoranda items 1.b and 1.c.
1. Noncash income from negative amortization on closed-end loans secured by 1–4 family
residential properties (included in Schedule IS, item 1.a) ...................................................... F228
Memorandum item 2 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.
2. Net change in fair values of financial instruments accounted for under a fair value
option ..................................................................................................................................... F229

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

Bil

Mil

Thou

M.1.

M.2.
3/08

DRAFT

10/19/2010

FR Y–11
Page 4

INTERNAL FR

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

BHCS

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
bhct
2122
BHCS
1406
1407
1403
A018

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

MEMORANDA

Loans restructured in troubled
debt restructurings

Dollar Amounts in Thousands

BHCS

Bil

Mil

Thou

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

Bil

Mil

Thou

1. Closed-end loans with negative amortization features secured by 1–4 family
residential properties:
Memorandum item 1.a is to be completed by all nonbank subsidiaries.
a. Total carrying amount of closed-end loans with negative amortization features
secured by 1–4 family residential properties (included in Schedule BS-A, item 1) ........... F230
Memoranda items 1.b and 1.c are to be completed by nonbank subsidiaries that had
closed-end loans with negative amortization features secured by 1–4 family
residential properties (included in Schedule BS-A, item 1) as of December 31, 2009,
in excess of 5 percent of total loans and leases, net of unearned income (as
reported in Schedule BS-A, item 6).
b. Total maximum remaining amount of negative amortization contractually permitted on
closed-end loans secured by 1–4 family residential properties ......................................... F231
c. Total amount of negative amortization on closed-end loans secured by 1–4 family
residential properties included in the carrying amount reported in Memorandum
item 1.a above ................................................................................................................... F232

M.1.a.

M.1.b.

M.1.c.

3/10

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INTERNAL FR

Schedule IS

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
scope of 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 Issue.
Similarly, when the fair value option has been applied to
a purchased impaired loan or debt security accounted for
under 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 Statement of
Position when accrual of income is appropriate.

ing assets and liabilities reported in Schedule BS, item 7,
‘‘All other assets,’’ and Schedule BS, item 14, ‘‘Other
liabilities,’’ respectively, and trading assets and trading
liabilities reported in Schedule BS, item 4, ‘‘Trading
assets,’’ and Schedule BS, item 11, ‘‘Trading liabilities,’’
respectively) resulting from the periodic marking of such
assets and liabilities to fair value should be reported as
‘‘Other noninterest income’’ in Schedule IS, item 5(a)(10).

Revaluation adjustments, excluding amounts reported as
interest income and interest expense, to the carrying
value of all assets and liabilities reported in Schedule BS
at fair value under a fair value option (excluding servic-

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.

Line item 2 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 subsidiary has elected to account for
under the fair value option that is included in Schedule
IS, item 5(a)(10), ‘‘Other noninterest income.’’

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

IS-8

Schedule IS

FR Y-11
March 2010

DRAFT

10/19/2010

INTERNAL FR

Schedule BS-A

banks that are not direct or indirect subsidiaries of the
subsidiary’s bank holding company or parent organization).
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
restructurings
Line Item 7(a) Loans
and
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-11
March 2007

DRAFT

10/19/2010

INTERNAL FR

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

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. loans restructured in troubled

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

restructured
troubled
Report loansloans
and leases
that, underin
their
modifieddebt
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.)
FR Y-11
Schedule BS-A

March 2007

Memoranda
Line Item 1. Closed-end loans with negative
amortization features secured by 1–4 family
residential properties.
Report in the appropriate subitem the carrying amount of
closed-end loans with negative amortization features
secured by 1–4 family residential properties and, if
certain criteria are met, the maximum remaining amount
of negative amortization contractually permitted on these
loans and the total amount of negative amortization
included in the carrying amount of these loans. Negative
amortization refers to a method in which a loan is
structured so that the borrower’s minimum monthly (or
other periodic) payment is contractually permitted to be
less than the full amount of interest owed to the lender,
with the unpaid interest added to the loan’s principal
balance. The contractual terms of the loan provide that if
the borrower allows the principal balance to rise to a
pre-specified amount or maximum cap, the loan payments are then recast to a fully amortizing schedule.
Negative amortization features may be applied to either
adjustable-rate mortgages or fixed-rate mortgages, the
latter commonly referred to as graduated payment mortgages (GPMs).
Line Item 1(a) Total carrying amount of
closed-end loans with negative amortization features
secured by 1–4 family residential properties
(included in Schedule BS-A, item 1).
This item is to be completed by all nonbank subsidiaries.
Report the total carrying amount (before any loan loss
allowances) of, i.e., the recorded investment in, closedend loans secured by 1-4 family residential properties
whose terms allow for negative amortization. The carrying amounts included in this item will also have been
reported in Schedule BS-A, item 1.
Memoranda items 1(b) and 1(c) are to be completed by
nonbank subsidiaries that had closed-end loans with
negative amortization features secured by 1–4 family
residential properties (included in Schedule BS-A, item
1) as of the previous December 31 report date, with a
carrying amount (before any loan loss allowances) that
exceeds 5 percent of total loans and leases, net of
unearned income (as reported in Schedule BS-A, item 6)
as of the previous December 31 report date.
BS-A-3