FRY14A_FRY14Q_FRY14M_20120628_omb

OMB Supporting Statement
for the Capital Assessments and Stress Testing information collection
(FR Y-14A/Q/M; OMB No. 7100-0341)
Summary
The Board of Governors of the Federal Reserve System (Board), under delegated
authority from the Office of Management and Budget (OMB), proposes to revise, without
extension, the current Capital Assessments and Stress Testing information collection (FR Y14A/Q/M; OMB No. 7100-0341). The FR Y-14A annually collects large bank holding
companies’ (BHCs’) quantitative projections of balance sheet, income, losses, and capital across
a range of macroeconomic scenarios and qualitative information on methodologies used to
develop internal projections of capital across scenarios. The FR Y-14Q collects granular data on
BHCs’ various asset classes and pre-provision net revenue (PPNR) for the reporting period,
which are used to support supervisory stress test models and for continuous monitoring efforts,
on a quarterly basis.1
The Federal Reserve proposes revising the information collection, effective June 30,
2012, based on the need to enhance data items previously collected, and implement new
reporting schedules. The proposed revisions include the following:
 implementing a new monthly schedule, the FR Y-14M, which would collect data
previously collected on several quarterly Retail Risk portfolio-level worksheets (into two
loan-level only collections and one loan- and portfolio-level collection), and collecting
detailed address matching data for the two loan-level collections;
 revising the quarterly Wholesale Risk schedule (corporate loan data collection) by adding
data items that would allow the Federal Reserve to derive an independent probability of
default, expanding the scope of loans included in the collection by moving loans from the
Commercial Real Estate (CRE) data collection to the corporate loan data collection,
clarifying definitions of existing data items, and requesting additional detail about
collateral securing a facility;
 revising the quarterly Wholesale Risk schedule (CRE collection) by moving loans to the
corporate loan data collection, adding a non-accrual data item, and modifying the loan
status data item to include the number of days past due; and
 implementing a new quarterly Operational Risk schedule to gather data that would
support supervisory stress test models to forecast the BHCs’ operational loss levels under
various macroeconomic conditions.
Under section 165 of the Dodd-Frank Act, the Federal Reserve is required to issue
regulations relating to stress testing (DFAST) for certain BHCs and nonbank financial companies
supervised by the Board. In January 2012, the Board published rulemakings (77 FR 594) which
would include new reporting requirements found in 12 CFR 252.134(a), 252.146(a), and

1
 BHCs are required to submit both quarterly and annual schedules for third quarter data, with the exception of the
Basel III/Dodd-Frank and Regulatory Capital Instruments schedules. For these schedules, only data for the annual
schedules are submitted for 3rd quarter data. 

1 

252.146(b) related to stress testing. The Federal Reserve anticipates that these new reporting
requirements and the burden associated with these requirements would be addressed in detail in a
future FR Y-14 proposal.2
The current reporting panel consists of the 19 large domestic BHCs that participated in
the 2009 Supervisory Capital Assessment Program (SCAP) and the Comprehensive Capital
Analysis and Review 2011 (CCAR 2011) exercises3 (collectively, the BHCs). These BHCs are
required to complete the FR Y-14A (including the Summary, Macro Scenario, Counterparty
Credit Risk (CCR), Basel III/Dodd-Frank, and Regulatory Capital Instruments data schedules)
and the FR Y-14Q (including the Securities Risk; Retail Risk; PPNR; Wholesale Risk;
Trading, Private Equity, and Other Fair Value Assets (Trading Risk); Basel III/Dodd-Frank; and
Regulatory Capital Instruments data schedules). While there are currently 12 annual and
quarterly schedules4 spanning eight risk types, the number of schedules each BHC completes is
subject to materiality thresholds.5
The data would be used to assess the capital adequacy of large BHCs using forwardlooking projections of revenue and losses, to support supervisory stress test models and
continuous monitoring efforts, as well as, to inform the Federal Reserve’s operational decisionmaking as it continues to implement the Dodd-Frank Act.
Draft files illustrating the proposed new schedules and instructions, and the proposed
revisions to the current reporting schedules and instructions are available on the Federal Reserve
Board’s public Website at: http://www.federalreserve.gov/boarddocs/reportforms/review.cfm

2
 The proposed rules would implement the enhanced prudential standards required to be established under section
165 of the Dodd-Frank Act and the early remediation framework established under section 166 of the Act. The
enhanced standards include risk-based capital and leverage requirements, liquidity standards, requirements for
overall risk management, single-counterparty credit limits, DFAST requirements, and debt-to-equity limits for
companies that the Financial Stability Oversight Council has determined pose a grave threat to financial stability.
The 2011 proposal implementing the FR Y-14A and Q acknowledged the impending publication of the DFAST
reporting requirements under section 165 of the Dodd-Frank Act. That proposal included a statement noting that
revisions to the quarterly and annual data collections, based on the enhanced standards rulemaking, would be
incorporated into the FR Y-14A and Q information collection.
3
 All but one BHC that participated in the SCAP exercise had total assets greater than $100 billion as of year-end
2008. In the case of one BHC that participated in the SCAP exercise, the successor BHC participated in the CCAR
2011 exercise. 
4
 The FR Y-14 gathers detailed data on 12 annual and quarterly reporting “schedules” that represent various
different risk types. Under each risk schedule, data are either collected in the form of “worksheets” or “collections”.
Worksheet requirements are typically provided to the respondents in a spreadsheet format with multiple worksheets
(or tabs in the spreadsheet file) per schedule. Collections are typically provided to respondents in the form of file
specifications and gather large volumes of detailed loan-level or account-level data for various portfolios. 
5
 All BHCs are required to submit the quarterly PPNR schedule. Only BHCs subject to the Board’s advanced
approaches risk-based capital rules (12 CFR part 225, Appendix, G) are required to submit the annual Operational
Risk worksheet (contained in the Summary schedule) and would be required to submit the proposed quarterly
Operational Risk schedule. Only the six BHCs that were subject to the market shock in CCAR 2011 submit the
Trading and CCR schedules. All other annual and quarterly schedules are subject to materiality thresholds.
Material portfolios are defined as those with asset balances greater than $5 billion or asset balances relative to Tier 1
capital greater than 5 percent on average for the four quarters that precede the reporting quarter. For immaterial
portfolios, the Federal Reserve assigns scenario losses to these portfolios in a manner consistent with the given
scenario.

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The total current annual burden for FR Y-14A/Q is estimated to be 553,629 hours and is
estimated to increase to 607,589 annual hours, an increase of 53,960 hours.
Background and Justification
During the years leading up to the recent financial crisis, many BHCs made significant
distributions of capital, in the form of stock repurchases and dividends, without due
consideration of the effects that a prolonged economic downturn could have on their capital
adequacy and ability to continue to operate and remain credit intermediaries during times of
economic and financial stress.
In 2009, the Board conducted the SCAP, a “stress test” of 19 large, domestic BHCs. The
SCAP was focused on identifying whether large BHCs had capital sufficient to weather a more
adverse- than-anticipated economic environment while maintaining their capacity to lend. The
Federal Reserve required BHCs identified as having capital shortfalls to raise specific dollar
amounts of capital within six months of the release of the SCAP results. The Department of the
Treasury established a government backstop available to BHCs unable to raise the required
capital from private markets.
In early 2011, the Federal Reserve continued its supervisory evaluation of the resiliency
and capital adequacy processes of 19 BHCs through the CCAR 2011. The CCAR 2011 involved
the Federal Reserve’s forward-looking evaluation of the internal capital planning processes of
the BHCs and their anticipated capital actions in 2011, such as increasing dividend payments or
repurchasing or redeeming stock. In the CCAR 2011, the Federal Reserve evaluated whether
these BHCs had satisfactory processes for identifying capital needs. The CCAR 2011 also
evaluated whether these BHCs held adequate capital to maintain ready access to funding,
continue operations and meet their obligations to creditors and counterparties, and continue to
serve as credit intermediaries, even under stressful conditions. As a result of the CCAR 2011, the
Federal Reserve developed a deeper understanding of the processes by which large BHCs form
and monitor their assessments and expectations for maintaining appropriate capital, and the
appropriateness of their planned actions and policies for returning capital to shareholders.
On December 1, 2011, the Federal Reserve published a final rulemaking (capital plan
rule) in the Federal Register (76 FR 74631) that revised the Board’s Regulation Y requiring
large BHCs to submit capital plans to the Federal Reserve annually and to require such BHCs to
request prior approval from the Federal Reserve under certain circumstances before making a
capital distribution. In connection with submissions of capital plans to the Federal Reserve,
BHCs are required, pursuant to 12 CFR 225.8(d)(3), to provide certain data to the Federal
Reserve. The information collection notice implementing the reporting requirements to support
the ongoing CCAR exercise (or CCAR 2012) and fulfilling the data collection requirements
under 12 CFR 225.8(d)(3) was published in the Federal Register on November 29, 2011 (76 FR
73634). The data collection for CCAR 2012 (as described in the following Description of
Information Collection section) is designed to minimize burden on the BHCs and avoid
duplication. Data required by the Federal Reserve includes, but is not be limited to, information
regarding the BHCs’ financial condition, structure, assets, risk exposure, policies and procedures,
liquidity, and management.
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The Federal Reserve continues to hold large BHCs to an elevated capital planning
standard because of the elevated risk posed to the financial system by large BHCs and the
importance of capital in mitigating these risks. The final capital plan rule addressed the practices
that led up to the financial crisis, building upon the Federal Reserve’s existing supervisory
expectation that large BHCs have robust systems and processes that incorporate forward-looking
projections of revenue and losses to monitor and maintain their internal capital adequacy. The
final capital plan rule built also upon the Federal Reserve’s recent supervisory practice of
requiring capital plans from large, complex BHCs.
Description of Information Collection
The data collected through the FR Y-14A/Q provides the Federal Reserve with the
additional information and perspective needed to help ensure that large BHCs have strong,
firm‐wide risk measurement and management processes supporting their internal assessments of
capital adequacy and that their capital resources are sufficient given their business focus,
activities, and resulting risk exposures. The CCAR is also complemented by other Federal
Reserve supervisory efforts aimed at enhancing the continued viability of large BHCs, including
continuous monitoring of BHCs’ planning and management of liquidity and funding resources,
and regular assessments of credit, market and operational risks, and associated risk management
practices. Information gathered in this data collection is also used in the supervision and
regulation of these financial institutions. In order to fully evaluate the data submissions, the
Federal Reserve may conduct follow up discussions with or request responses to follow up
questions from respondents, as needed.
Currently, respondents are required to complete and submit five filings each year: one
annual FR Y-14A filing and four quarterly FR Y-14Q filings. Compliance with these information
collections is mandatory.
Current FR Y-14A (annual collection)
The annual collection of BHCs quantitative projected regulatory capital ratios across four
scenarios (BHC baseline, BHC stress, Supervisory baseline, and Supervisory stress) comprises
five primary schedules (the Summary, Macro Scenario, CCR, Basel III/Dodd-Frank, and
Regulatory Capital Instruments schedules), each with multiple supporting worksheets. The two
hypothetical supervisory scenarios provided by the Federal Reserve are used to assess the
strengths and resiliencies of the BHCs’ capital in a baseline economic environment and in a
particularly adverse one (or stressed environment).
Except for the Basel III/Dodd-Frank schedule (described below), which collects annual
forecast data, all other FR Y‐14A schedules collect quarter‐by‐quarter results and projections.
BHCs must complete each FR Y‐14A schedule for each of the four scenarios and they must
include:
 current and projected balances for balance sheet and off‐balance‐sheet positions and
exposures for a number of identified categories under each scenario;

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





reconciliation that clearly demonstrates that all balances have been accounted for in the
analysis, or demonstrate that the current balances for each category tie to the
corresponding category of the mandatory Consolidated Financial Statements for Bank
Holding Companies (FR Y-9C; OMB No. 7100-0128);
estimates of loss as specified in each schedule;
potential losses or exposures not captured in other data items should be included in the
completed schedules, and a description of the source of the losses should be attached; and
estimates of resources available to absorb losses, including pre‐provision net revenue,
the allowance for loan and lease losses, and capital.

BHCs are also required to submit qualitative information supporting their projections,
including descriptions of the methodologies used to develop the internal projections of capital
across scenarios and other analyses that support their comprehensive capital plans.
Summary Schedule
The Summary schedule collects information necessary for the Federal Reserve to
evaluate projections of regulatory capital ratios across a range of scenarios as part of the broader
CCAR initiative. This information includes projections of losses, PPNR, and capital actions that
are the primary determinants of projected capital ratios. By collecting these data, along with
other qualitative information, the Federal Reserve is able to assess the appropriateness and
robustness of the methodologies used by the BHCs and to identify areas where improvements are
necessary. This is a critical part of the forward-looking evaluation of the BHCs’ capital
adequacy.
The Summary schedule comprises three primary components – income statement
projections, balance sheet projections, and projections of capital composition. There are also a
number of worksheets for the BHCs to provide separate projection data related to various
components of the income statement, including charge-offs on various loan portfolios, gains or
losses related to trading activities and counterparty positions, operational risk losses, gains or
losses on securities, and PPNR. Every worksheet contained within the Summary schedule is
required to be submitted for each scenario evaluated by the BHC and several worksheets require
the submission of nine quarters of projected data (this is also referred to as the forecast time
horizon).
The Income Statement worksheet collects data on quarterly projections of losses and
revenues. This worksheet is organized similar to, but not identical to, the FR Y-9C. For example,
BHCs report estimates of losses for all categories of loans, securities, and trading assets and
include estimates of the components of BHCs’ revenue. In addition, this worksheet collects
certain tax-related data items. The Balance Sheet worksheet collects data on quarterly projections
of the balance sheet, which includes components of assets, liabilities, and equity capital. The
Capital worksheet collects data on quarterly projections of equity capital and regulatory capital.
In addition, this worksheet also collects projections of capital actions such as: common dividends
and share repurchases that affect BHCs’ equity capital, projections of the thresholds and
deductions necessary to estimate regulatory capital, ancillary data on other balance sheet items

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and risk-weighted assets, supporting data necessary to estimate the effect of the deferred tax
asset on regulatory capital, and supporting data related to discretionary capital actions.
The Retail Risk worksheets collect expected losses on the respective retail portfolios. The
Retail Risk worksheets also collected historical repurchase data (for the BHC baseline scenario
only) during the initial submission made by BHCs and will collect any revisions to the historical
data thereafter.
The Operational Risk worksheets collect BHCs’ projections for operational losses which
are defined as losses arising from inadequate or failed internal processes, people, and systems or
from external events including legal losses. Some examples of operational loss events are losses
related to improper business practices (including class action lawsuits), execution errors, and
fraud. The Operational Risk worksheets also collected historical operational loss data during the
initial submission made by the BHCs and will collect any revisions to the historical data
thereafter. Additional detail may be requested in order to translate the BHCs’ historical loss
experience into operational loss projections and on any budgeting processes used to project
operational losses.
The Trading Risk and CCR worksheets collect projected losses associated with a global
market risk shock exercise from BHCs with large trading operations. The Federal Reserve
provides a set of hypothetical shocks to the risk factors most relevant to the trading and
counterparty positions of respondent BHCs. For example, the shock exercise could be generally
based on the price and spread movements that occurred in the second half of 2008, a period
featuring severe market dislocations and the failure of a major, globally active financial
institution. In addition, the exercise could reflect additional stresses related to a situation in
Europe. The trading and CCR positions should be based on balances as-of the close of business,
of a specified 4th quarter date that is expected to fluctuate moderately from year to year (the
announcement of the date will come after the as-of-date).
Several Securities Risk worksheets collect data related to Available-for-Sale (AFS) and
Held-to-Maturity (HTM) securities. The worksheets collect data and information such as:
projected other-than-temporary impairment (OTTI) by asset class for each quarter of the forecast
time horizon; methodologies and assumptions used to generate the OTTI projections for each
asset class; projected stressed fair market value (FMV) for each asset class as well as qualitative
information on the methodologies and assumptions used to generate the stressed market value;
and actual FMV including the source (vendor or proprietary) and key assumptions used in
determining market values (if using a proprietary model).
The PPNR worksheets collect data related to projected net interest income (NII) and
noninterest income and expenses under the relevant scenario.6 The collection includes
projections of balances of interest-bearing assets and liabilities and the associated interest income
and expense for each data item; non-interest income related to loan origination, servicing,
advisory services, trading commissions and fees; non-interest expense related to compensation,
occupancy, and services; and other relevant data items. BHCs also provide additional

6
 For the annual filing, BHCs with deposits comprising less than one third of total liabilities for any reported period
need only complete the PPNR Projections worksheet and the related portion of the PPNR Metrics worksheet. 
6 

information in the supporting documentation, including a discussion of the consistency of a
given worksheet with the BHCs’ internal and external reporting and forecasting; a description of
broadly-defined types of business models currently used (e.g. Asset/Liability, Relationship,
Business Product/Services/Activity and others); high-level descriptions of motivations for their
choices of models for forecasting profit and loss result; benefits and challenges associated with
those models; and methodologies employed.
Along with the quantitative Summary schedule, BHCs are required to respond to a
qualitative questionnaire or submit a comprehensive document explaining the methods used to
develop the projections included in each of the Summary worksheets. The document should
include information about how the BHCs translated the macroeconomic scenarios into the
various projections, including detailed descriptions of any models used. The BHCs are also
required to reconcile any differences between financial data submitted in publicly available
regulatory filings and data submitted in the Summary schedule.
Macro Scenario Schedule
The Macro Scenario schedule collects the economic variables used in the BHC-defined
macroeconomic scenarios underlying BHCs’ projections of loss, revenue, and capital. This
schedule includes the Scenario Variable Definitions worksheet that collects the variable names
and definitions detailed in each of the scenario worksheets. The reported variable definitions
(reported on the Scenario Variable Definitions worksheet) must include the units of measure (for
example, percentage points or billions of dollars) and the frequency of the variable (for example,
quarterly average if it is produced monthly or more often). The BHC Baseline Scenario
worksheet and the BHC Stress Scenario worksheet must be completed, including the list and
definitions included in these scenarios. The Macro Scenario schedule also includes optional
worksheets for the Supervisory baseline scenario, Supervisory stress scenario, and any additional
scenarios beyond the baseline and stressed scenarios. Each scenario worksheet collects the
variable name (matching to that which is reported on the Scenario Variable Definitions
worksheet), the actual value of the variable during the 3rd quarter of the reporting year, and the
projected value of the variable for nine future quarters.
BHCs are required to document the methods used to generate the scenarios. If the BHCs
use a scenario generated by a third party, at a minimum the following should be documented:
name of the vendor, date that the scenario was generated (if known), and any changes made to
the scenario. If BHCs generate the scenario, the documentation must include a detailed
description of any models used and how the BHCs adjusted the models to produce the various
scenarios.
CCR Schedule
The CCR schedule collects, on various worksheets, data to identify credit valuation
adjustment (CVA)7, exposures, and CVA sensitivities for the BHC’s top counterparties along a
number of dimensions, including current CVA, stressed CVA, net current exposure, and gross

7
 CVA is the difference between the risk-free portfolio value and the true portfolio value that takes into account the
possibility of default by a counterparty. In other words, CVA is the market value of counterparty credit risk. 
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current exposure. BHCs also must submit aggregate CVA, exposures, and CVA sensitivities by
ratings categories. The Notes to the CCR Schedule worksheet allows BHCs to voluntarily submit
additional information to provide clarity to the portfolio. BHCs are required to run multiple
scenarios (stressed, unstressed, or shock) and specifications (BHC or Federal Reserve) to capture
Expected Exposure8 profiles.
Basel III/Dodd-Frank Schedule
Based on the Basel III framework promulgated by the Basel Committee on Bank
Supervision, the Basel III/Dodd-Frank schedule collects annual 4th quarter forecasts of Tier 1
Common Equity, Tier 1 Capital, Risk-Weighted Assets (RWA), and Leverage Exposures (along
with granular components of those elements) through year-end 2016 (or the year by which a
BHC plans to meet Basel III target capital ratios) under a baseline scenario. Finally, BHCs are
required to submit the effect on Basel III measurements of any significant planned actions to be
taken in response to Basel III and the Dodd-Frank Act (for example, asset sales, asset winddowns, and data collection and modeling enhancements).
Regulatory Capital Instruments Schedule
The Regulatory Capital Instruments schedule collects CUSIP-level9 contractual terms of
BHCs’ regulatory capital instruments, as defined under the Board’s current regulatory capital
rules for BHCs (12 CFR part 225, Appendices A, E, and G). The data collected supports analyses
and coordinated responses to future proposed capital actions. BHCs are required to provide a
detailed inventory of their regulatory capital instruments as of the data collection date and
provide details on regulatory capital instruments they project to redeem or issue over a 9-quarter
period.
Current FR Y-14Q (quarterly collection)
Data submitted on FR Y‐14Q schedules (the Securities Risk, Retail Risk, PPNR,
Wholesale Risk, Trading Risk, Basel III/Dodd-Frank, and Regulatory Capital Instruments
schedules), which collect BHC‐specific data on positions and exposures, are used as input to
supervisory stress test models and to monitor actual versus forecast information on a quarterly
basis.
Securities Risk Schedule
The Securities Risk schedule gathers CUSIP-level and summary-level information on all
positions in BHCs’ AFS and HTM portfolios. This CUSIP-level position schedule collects such
data as the amortized cost, market value, current face value, and original face value of each

8
 Counterparty credit exposure is a measure of the amount that would be lost in the event that a counterparty to a
financial contract defaults. Only contracts that are privately negotiated between counterparties, i.e. over-the-counter
(OTC) derivatives, are subject to counterparty credit risk. The Expected Exposure is the average of the distribution
of exposures at any particular future date before the longest maturity in the portfolio.
9
 CUSIP refers to the Committee on Uniform Security Identification Procedures. This 9-character alphanumeric
code identifies any North American security for the purposes of facilitating clearing and settlement of trades.

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position. The data collected allows the Federal Reserve to analyze risk to BHCs’ securities
portfolios under a variety of scenarios and market shocks with greater precision than is possible
with existing data collections.
Retail Risk Schedule
The Retail Risk schedule collects information about the distribution of risk in retail
portfolios across segments for four major categories: residential, credit card, automobile, and
other consumer. For residential, credit card, and other consumer, separate retail risk worksheets
collect data for the different product types within each of these categories. For all four major
categories, separate product-type segmentation schemes are used for domestic and international
loans. For example, residential is divided into first lien mortgages, home equity lines of credit,
and home equity loans; credit card is split between bank and charge cards, and small business
and corporate cards; and student loans are reported separately from the other consumer category.
Within each broad product-type segment, the portfolio is broken into a number of buckets that
embody unique risk characteristics.
This modular product-type design of the Retail Risk schedule allows for a targeted data
collection from only the BHCs that have material portfolios in a given product area. This design
is intended to limit burden while maximizing the supervisory information yielded from the
collection.
PPNR Schedule
For the PPNR schedule, BHCs provide relevant data for PPNR. PPNR comprises three
major components: net interest income, non-interest income, and non-interest expense.10
For both net interest income and non-interest income, BHCs submit historical data based on a
business line breakdown. Collection of these data in this format is based on the assumption that
the revenues generated by different business lines react differently under various scenarios and
such a view facilitates a more robust analysis of the resulting projections. BHCs provided
historical data for the first submission and will provide quarterly revisions thereafter. BHCs also
provide additional information in the supporting documentation for the PPNR schedule,
including the discussion of the consistency of a given schedule with the BHCs’ internal and
external reporting and forecasting; a description of broadly-defined types of business models
they currently use (e.g. Asset/Liability, Relationship, Business Product/Services/Activity and
others); high-level descriptions of motivations for their choices of models for conducting
business, reporting (internal and external), and forecasting profit and loss result; benefits and
challenges associated with those models; and methodologies employed.
Wholesale Risk Schedule
For the Wholesale Risk schedule, BHCs submit wholesale loan portfolio data that
comprise the corporate loan and CRE loan portfolios. These data provide critical information on

10
 Similar to the annual PPNR worksheet submission, for the quarterly submission BHCs for which deposits
comprise less than one third of total liabilities for any reported period need only complete the PPNR Submission
worksheet and the related portion of the PPNR Metrics worksheet.

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the performance of the loan portfolios in order to be used to develop stress test loss estimates and
other analytical purposes. Given the distinct characteristics of each portfolio, these data are
collected under two data schedules.
For the corporate loan portfolio, BHCs provide loan-level data about the characteristics
of credit exposures (for example, legally binding loan commitments or credit facilities) for each
exposure equal to or greater than $1 million. The collection includes corporate loans, held at the
BHC-level, to both domestic and foreign borrowers. For purposes of this collection, applicable
corporate loan portfolios currently include loans to large corporations, small businesses
(excluding scored or delinquency managed small business loans for which a commercial internal
rating is not used), foreign governments, depository and non-depository financial institutions,
agriculture loans, as well as all other commercial loans and leases as defined by the FR Y-9C.
Data items include borrower name (individuals’ names are not collected), loan amount, loan
type, maturity and internal risk rating. In order to minimize burden on the BHCs, the corporate
loan portfolio includes a $1 million commitment threshold for the reporting of certain other loan
categories.
For the CRE loan portfolio, BHCs provide loan-level data about the characteristics of
credit exposures for each CRE loan equal to or greater than $1 million. For purposes of this
collection, applicable CRE loan portfolios currently include 1-4 family residential construction
loans, other construction and land development loans, multifamily loans, non-farm or
nonresidential loans, loans to finance CRE but not secured by CRE, and international CRE loans
(for example, non-domestic office loans), as defined by the FR Y-9C. Given the complexity of
CRE portfolios, these data include loan information (for example, borrower name (individuals’
names is not collected), loan amount, loan type, maturity and internal risk rating) and property
information (for example, property type, net operating income, property value, and occupancy).
For loans less than $1 million that are cross collateralized with loans that have commitments
greater than $1 million, BHCs submit only three data items (loan number, outstanding balance,
and committed balance).
Trading Risk Schedule
The Trading Risk schedule captures profit and loss (P/L) sensitivities to assets that BHCs
hold in their trading books, private equity investments, and certain other assets held under fair
value accounting.11 The worksheets that make up the Trading schedule capture detailed
information on the BHCs’ P/L sensitivities to changes in equity prices, foreign exchange rates,
interest rates, credit spreads, and commodity prices. Information on the trading book is reported
in the form of various spot sensitivities, as well as through multidimensional P/L sensitivity grids
for products that tend to exhibit nonlinear P/L response to underlying risk factors. The
worksheets in this schedule collect information on both the sector (industry) and geographical
compositions of exposures to such assets. Additional data are collected for trading incremental
default risk (IDR): Corporate and Sovereign Credit, and Securitized Products.

11
 Trading book assets are those assets that are reported as trading securities on the FR Y-9C; private equity includes
all equity related investments such as common, preferred, and convertible investments; other fair value assets are
assets held under fair value option (FVO) accounting except for retail and corporate loans which should be included
in the Retail and Wholesale schedules.

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Basel III/Dodd-Frank Schedule
The quarterly Basel III/Dodd-Frank schedule is a streamlined version of the annual
schedule and collects actual balances for Basel III Tier 1 Common Equity, Tier 1 Capital, RWA,
Leverage Exposures (including some components of RWAs and Leverage Exposures, if
available), capital instruments outstanding, and proposed issuances and redemptions. These data
are not available on other regulatory reports, which are prepared on a Basel I or Basel II basis.
Data collected are compared against the balance projections provided annually to monitor the
path of BHCs’ positions. For BHCs that submitted (in the annual filing) planned actions to meet
Basel III targets, the Federal Reserve requires BHCs to submit qualitative responses regarding
progress in executing those actions. Combined with the collected data, this qualitative
information provides important insight into the BHCs’ Basel III and Dodd-Frank preparedness
and feasibility of the projections and plans submitted in the annual schedule. These quarterly
data are not as granular as the data collected in the annual schedule, collecting only quarterly
point-in-time total balances for Tier 1 Common Equity, Tier 1 Capital, RWAs and Leverage
Exposures. These data are only collected in quarters in which the annual schedule is not
collected.
Regulatory Capital Instruments Schedule
The quarterly Regulatory Capital Instruments schedule requires BHCs to confirm the
execution of proposed redemptions and issuances of specific instruments and to identify any
deviations from the projections submitted in the annual schedule. This quarterly monitoring
effort facilitates the maintaining and updating of the Regulatory Capital Instruments data
reported annually in order to support future capital requests and to produce horizontal and BHCspecific reports on the composition of Tier 1 and Tier 2 Capital. These quarterly data are not as
granular as the data collected in the annual schedule, and are only collected in quarters in which
the annual schedule is not collected.
Respondent Panel
The respondent panel consists of top-tier BHCs domiciled in the United States that have
$50 billion or more in total consolidated assets, as computed pursuant to the Capital Plan rule (12
CFR 225.8). For purposes of the Capital Plan rule, total consolidated assets equal the average
total consolidated assets over the previous four calendar quarters, as reflected on the FR Y-9C.
This calculation is effective as of the due date of the BHCs’ most recent FR Y-9C. A BHC that
meets the asset threshold after December 31, 2011, would be subject to the FR Y-14A/Q
information collection requirements on the first day of the quarter immediately following the
quarter in which it meets this asset threshold, unless otherwise directed by the Federal Reserve.
The rule also applies to any top-tier BHC domiciled in the United States that the Board
determines, by order, shall be subject in whole or in part to the rule’s requirements based on the
institution’s size, level of complexity, risk profile, scope of operations, or financial condition.

11 

FR Y-14A/Q Instructions
The reporting instructions, to the extent appropriate, use definitions already included in
the FR Y-9C instructions, and total amounts (for example, total AFS or HTM securities), to the
extent appropriate, agree with total amounts reported on the FR Y-9C.
Proposed Revisions
FR Y-14Q and M
Retail Risk Schedule (First Lien Closed-End 1-4 Family Residential Mortgage,
Home Equity Residential Mortgage, and Credit Card data collections). The Federal Reserve
proposes increasing the frequency of reporting for three retail portfolios from quarterly to
monthly (the proposed FR Y-14M). The current quarterly Retail Risk schedule collects data on
several portfolio-level worksheets, including: one domestic closed-end first lien residential
mortgage worksheet, two domestic home equity worksheets (domestic closed-end home equity
loans and domestic home equity lines of credit), and two domestic credit card worksheets
(domestic charge card and domestic small and medium size enterprise (SME) corporate cards).
The portfolio-level data collected was highly segmented and provided substantial insight into
BHCs’ first lien residential, home equity, and credit card portfolios. However, given the microand macro-prudential importance of the portfolios and the benefit of more granular information
to supervisory model development and risk assessment, the Federal Reserve proposes replacing
these quarterly portfolio-level worksheets with the following monthly collections:
 one loan-level collection for Domestic First Lien Closed-End 1-4 Family Residential
Mortgage data,
 one loan-level collection for Domestic Home Equity Residential Mortgage data, and
 one account- and portfolio-level collection for Domestic Credit Card data.12
For these new retail portfolio collections, the Federal Reserve proposes collecting monthend data on a monthly frequency. Currently, all of the retail risk worksheets collect monthly data
on a quarterly frequency, even though the Capital Plan rule allows for the collection of data as
frequently as needed. The proposed monthly data collection would improve the Federal
Reserve’s ability to perform its continuous risk monitoring function by providing more timely
data. In a time of crisis or market downturn where risk characteristics could change in an
unpredictable manner, monthly data collection would be especially valuable for these retail
portfolios with relatively short credit cycles. (For example, a credit card account could go from
current to charged-off within one quarter.) Collecting data on a quarterly frequency could hinder
the Federal Reserve’s ability to respond to issues of immediate supervisory concern or requests
from policy makers.
Furthermore, BHCs generally produce data and internal risk management reports for
these portfolios monthly, and often provide similar data for supervisory purposes on a monthly
basis. The Federal Reserve, at this time, does not propose requiring monthly reporting for the

12

 In the case of the credit card portfolio, the new collection would gather account data instead of loan data. 

12 

other retail portfolios with longer credit cycles, as the burden of reporting at the increased
frequency currently outweighs the value of the additional data.
These collections would gather one record per loan. Due to the volume of data that would
be collected, these data would not be gathered in Excel worksheets as in the previous quarterly
data collection; rather file specifications would be provided to respondents in order to transmit
the data, as appropriate.
The proposed Domestic First Lien Closed-End 1-4 Family Residential Mortgage
collection would gather monthly detailed loan-level data and would capture the following loans:
 all loans in the active inventory as-of the last day of the month;
 all loans in the inventory that were transferred to another servicer during the month; and
 all loans in the inventory that were liquidated during the month.
The reported data items would include: loan number, property information, loan amount,
documentation information, loan-to-value and debt-to-income ratios, borrower information,
bankruptcy or foreclosure status, and other detailed loan information.
The proposed Domestic Home Equity Residential Mortgage collection would gather
monthly detailed loan-level data and would capture the following loans:
 all loans in the active inventory as-of the last day of the month;
 all loans in the inventory that were transferred to another servicer during the month; and
 all loans in the inventory that were liquidated during the month.
The reported data items would include: loan number; property information; loan, line,
and appraisal amounts; loan documentation information; loan-to-value and debt-to-income
ratios; borrower information; bankruptcy or foreclosure status; and other detailed loan
information.
In order to match senior and junior lien residential mortgages on the same collateral, the
Federal Reserve also proposes gathering additional information (loan number, property and
mailing address information, liquidation status, original lien position, and census tract) on the
residential mortgage loans reported in the Domestic First Lien Closed-End 1-4 Family
Residential Mortgage and Domestic Home Equity Residential Mortgage collections. By
matching senior and junior lien loans by property ID, the Federal Reserve would glean valuable
insights into the level of risk of both credits, especially in cases where current (or performing)
junior lien loans are behind delinquent first lien loans.
The proposed Domestic Credit Card collection would gather monthly detailed accountlevel data and new portfolio-level data. The account-level collection would capture detailed data
regarding domestic credit cards: general purpose credit cards13, private label credit cards14,

13
 General purpose credit cards can be used at a wide variety of merchants, including any who accept MasterCard,
Visa, American Express or Discover credit cards. Affinity and co-brand cards should be included in this category,
and student cards if applicable. This credit card type includes loans reported on line 6.a of schedule HC-C of the FR
Y-9C. 

13 

business credit cards15, and corporate credit cards16. The portfolio-level data would capture key
information about portfolio characteristics including information that is unlikely to be captured at
the account-level. (For example, certain collection costs are not typically assigned at the accountlevel.) The portfolio-level data would be primarily relevant for pools of credit card loans rather
than individual accounts.
Like the other new retail collections, the proposed Domestic Credit Card collection
would collect mandatory data. However, some data items that are not directly available would be
permitted to be reported on a best effort basis. For example, if the BHCs do not use the data in
the course of their risk management practices or otherwise generate or store the data, they would
not be required to generate the data for this collection.
FR Y-14Q
Wholesale Risk Schedule (CRE and Corporate Loan data collections). The current
corporate loan collection gathers loan-level data that focuses on data stored in BHCs’ systems of
records, particularly their loan accounting systems. While the granular loan-level data provides
additional insights into certain credit risk characteristics, the data items in the initial FR Y-14Q
collection were not sufficient to evaluate all aspects of credit risk or produce an independent
probability of default (PD). In order to better understand the credit risk associated with BHCs’
corporate loan exposures, the Federal Reserve proposes adding approximately 35 data items to
the collection. These data items would allow the Federal Reserve to derive an independent PD
for both public and private firms and better track underwriting standards and emerging risks in
BHCs’ loan portfolios. To reduce the burden of reporting the additional data items, the Federal
Reserve also proposes allowing BHCs to exclude from reporting (or make optional the reporting
of) obligor financial data (data items 51-79) for loans extended to an obligor (1) domiciled
outside of the U.S.; (2) that is a natural person, a non-profit federal, state or local governmental
agency; or (3) that has a NAICS industry code17 beginning with 52 (Finance and Insurance) or
5312 (Real Estate Agents and Brokers).
In addition, the Federal Reserve proposes amending the scope of loans in the corporate
loan collection to include owner-occupied non-farm, non-residential (NFNR) CRE loans
(reported on the FR Y-9C, Schedule HC-C 1.e(1)). These loans, currently reported in the CRE
collection, would be moved to the corporate loan collection so overall this does not represent an
expansion of the wholesale collection. The data items gathered in the corporate loan collection
better capture the elements indicative of risk in owner-occupied NFNR CRE loans than those in
the CRE collection. The Federal Reserve proposes revisions to the corporate loan data collection

14
 Private label credit cards, also known as proprietary credit cards, are tied to the retailer issuing the card and can
only be used in that retailer's stores. Oil & gas cards should be included in this loan type, and student cards if
applicable. This credit card type includes loans reported on line 6.a of schedule HC-C of the FR Y-9C.
15
 Business credit cards include small business credit card accounts where the loan is underwritten with the sole
proprietor or primary business owner as the applicant. This credit card type includes SME credit card loans that are
reported on line 4.a of schedule HC-C of the FRY-9C.
16
 Corporate credit cards are employer-sponsored credit cards for use by a company's employees. This credit card
type includes US corporate credit card loans that are reported on line 4.a of schedule HC-C of the FRY-9C.
17
 The North American Industry Classification System is used by business and government to classify business
establishments according to type of economic activity (process of production) in Canada, Mexico, and the U.S.

14 

to clarify definitions of existing data items and request additional detail about collateral securing
a facility.
The Federal Reserve also proposes revising the CRE data collection to add a non-accrual
data item and to modify the loan status data item to include the number of days past due. These
revisions to the CRE data collection would allow the Federal Reserve to better model the credit
risk of CRE loans and these data would be readily available in BHCs’ loan servicing systems.
Operational Risk Schedule. The current FR Y-14A Operational Risk worksheets
(contained within the annual Summary schedule) collect BHCs’ projections for operational
losses.18 Additional detail is also collected on translating historical loss experience into
operational loss projections and on budgeting processes used to project operational losses.
During the drafting of the September 2011 proposal implementing the FR Y-14A/Q, the
Federal Reserve was aware of the need to also collect actual operational loss data on a quarterly
basis; however, more time was needed in order to conduct a comprehensive analysis before
determining the appropriate data items that would be collected. As part of that analysis, the
Federal Reserve reviewed the reporting requirements in Schedule S (Operational Risk) of the
interagency Advanced Capital Adequacy Framework Regulatory Reporting Requirements
(FFIEC 101; OMB No. 7100-0319) to determine the data items collected and the level of
granularity to which they are collected. The data collected on Schedule S is summary or
aggregate-level information, while the FR Y-14Q proposed schedule requests data on an
individual loss event level. Based on the analysis conducted, the Federal Reserve proposes a new
quarterly operational loss data collection. The data collected would include the type of loss
event, when it occurred, the loss amount, the business line in which it occurred, and other
relevant information. Obtaining these data on an individual loss event level would help achieve
key objectives that could otherwise not be effectively realized with summary level data only and
would enhance the Federal Reserve’s ability to (1) assess the BHCs’ operational loss exposures
in relation to the risks faced by the BHCs and (2) ensure safety and soundness. These data would
also be used to develop and calibrate supervisory stress test models, evaluate the projections that
BHCs submit as part of the FR Y-14A, and support continuous monitoring and analysis of BHCs
operational loss activity and trends. These data are not currently available on a standardized
basis.
Sensitive Questions
This collection of information contains no questions of a sensitive nature, as defined by
OMB guidelines.
Consultation Outside the Agency and Discussion of Public Comments
During the public comment period for the FR Y-14A/Q implementation proposal in 2011,
technical, clarifying questions related to the proposed schedules were submitted to the Federal
Reserve via an e-mail account that was specifically established for questions related to the
proposal. Also, during the 2012 CCAR exercise, BHCs subject to the reporting requirements of

18

 A one-time collection of historical operational loss data was collected in early-January 2012. 

15 

the exercise were able to submit technical, clarifying questions to a similar e-mail account. It is
anticipated that going forward the Federal Reserve would continue to engage respondents
through such an e-mail account to track questions to ensure timely feedback, log the questions,
and evaluate any issues suggesting the need for revisions to the collection or clarifications to the
reporting instructions.
On February 22, 2012, the Federal Reserve published a notice in the Federal Register (77
FR 10525) requesting public comment on the proposed information collection, the 60-day public
comment period expired on April 23, 2012. After the public comment period, the Federal
Reserve participated in an outreach call with industry groups and respondents. This outreach
helped the Federal Reserve refine the data items in the final schedules and clarify the
accompanying instructions. The Federal Reserve has also had informal conversations with the
Office of the Comptroller of the Currency (OCC) about similar information collections
conducted by the OCC.
A discussion of the substantive public comments is provided in an attachment to this
supporting statement. After assessing the public comments, the Federal Register notice was
published on June 4, 2012 (77 FR 32970) announcing the revisions to the FR Y-14A/Q/M and
re-opening the public comment period for 30 days seeking additional comments on specific data
items that were originally proposed to be collected as-of June 30, 2012. This comment period
was scheduled to end on July 5, 2012. In response to industry feedback, a Federal Register
notice was published on June 27, 2012 (77 FR 38289) extending the public comment period for
an additional 30 days. The comment period now expires on August 6, 2012.
Time Schedule for Information Collection and Publication
Publication.  On March 12, 2012, a press release was published stating, “the Federal Reserve
had released a paper describing the methodology used in the stress test in the CCAR 2012 as
well as the templates for disclosure of the summary results.” On March 13, 2012, a press release
was published announcing, “summary results of the latest round of bank stress tests, which
showed that the majority of the largest U.S. banks would continue to meet supervisory
expectations for capital adequacy despite large projected losses in an extremely adverse
hypothetical economic scenario.”
Time Schedule. The following table outlines by risk factor (schedules and sub-worksheets) the
as-of dates for the data and the due date for the submissions to the Federal Reserve by reporting
frequency (annually, quarterly, or monthly).

16 

Risk Factor
Schedules and Sub-Worksheets
FR Y-14A (Annual Filings)
Basel III/Dodd-Frank Schedule
Regulatory Capital Instruments Schedule
Macro Scenario Schedule
Summary Schedule
 Balance Sheet
 Income Statement
 Capital
 Retail Risk
 Operational Risk
 Securities Risk
 PPNR
Market Shock exercise
Summary Schedule
 Trading Risk
 CCR
CCR Annual Schedule
FR Y-14Q (Quarterly Filings)
Securities Risk Schedule
PPNR Schedule
Retail Risk Schedule
Wholesale Risk Schedule
Operational Risk Schedule
Basel III/Dodd-Frank Schedule
Regulatory Capital Instruments Schedule

Trading Risk Schedule

FR Y-14M (Monthly Filings)
Retail Risk Schedule
 Domestic Home Equity
Residential Mortgage
 Domestic First Lien Closed-end
1-4 Family Residential Mortgage
 Domestic Credit Card
 Address Matching

Data as-of-date

Data as-of September 30

Data due January 5 of the following
year.

Data as-of a specified date
in the 4th quarter.

Data due January 5 of the following
year.

As-of-date would be
communicated during the 4th
quarter after it had occurred.
Data as of each calendar
quarter end

Data as of each calendar
quarter end
Quarterly data reported for
the 1st, 2nd, and 4th
quarters ONLY.
Data as of calendar quarter
end for 1st, 2nd, and 4th
quarters.

Same as FR Y-9C reporting
schedule: Reported data (40 calendar
days after the calendar quarter-end
for March, June, and September and
45 calendar days after the calendar
quarter-end for December).
Same as FR Y-9C reporting schedule

Same as FR Y-9C reporting schedule

Due to the fact that the 3rd
quarter data is part of the
Market Shock exercise, the
as-of-date for the 3rd quarter
would be communicated
during the 4th quarter after it
had occurred.

The 3rd quarter data would be due 40
calendar days after the notification
date (notifying respondents of the asof-date) or December 15, whichever
comes earlier. BHCs may provide
these data as-of the most recent date
that corresponds to their weekly
internal risk reporting cycle as long
as it falls before the as-of-date.

Data as-of the last business
day of each calendar month

Reported data due by the 30th
calendar day of the following month

17 

Submission due to Federal Reserve

Legal Status
The Board’s Legal Division determined that the information collection is authorized by
section 165 of the Dodd-Frank Act, which requires the Board to ensure that certain BHCs and
nonbank financial companies supervised by the Board are subject to enhanced risk-based and
leverage standards in order to mitigate risks to the financial stability of the United States (12
U.S.C. § 5365). Additionally, section 5 of the Bank Holding Company Act authorizes the Board
to issue regulations and conduct information collections with regard to the supervision of BHCs
(12 U.S.C. § 1844).
As these data are collected as part of the supervisory process, they are subject to
confidential treatment under exemption 8 of the Freedom of Information Act (FOIA) (5 U.S.C. §
552(b)(8)). In addition, commercial and financial information contained in these information
collections may be exempt from disclosure under exemption 4 of FOIA (5 U.S.C. § 552(b)(4)).
Such exemptions would be made on a case-by-case basis.
Estimate of Cost to the Federal Reserve System
The cost estimate for the Federal Reserve System for the on-going maintenance of the
information collection and the implementation of the new reporting requirements is estimated to
$5,739,915.
Estimate of Respondent Burden
The current total annual burden for the annual and quarterly reporting requirements of
this information collection is estimated to be 553,629 hours. The proposed revisions increased
the total annual burden for this information collection by 53,960 hours, for a total of
607,589 hours, as shown in the tables below. The proposed annual burden for the FR Y-14A, Q,
and M represents approximately 5 percent of total Federal Reserve System paperwork burden.
FR Y-14A Burden
The burden for each BHC that completes the annual Summary schedule is estimated to be
820 hours for a total of 15,580 hours. This burden includes 20 hours to input these data and 800
hours for work related to modeling efforts. The estimated burden for each BHC that completes
the annual Macro Scenario schedule is estimated to be 31 hours for a total of 589 hours. This
burden estimate includes 5 hours to input baseline scenario data and 13 hours inputting data for
the baseline and stress scenarios. The burden for the six BHCs19 that complete the CCR schedule
varies across BHCs, ranging from 123 hours to 640 hours. On average the annual burden per
BHC is estimated to be 382 hours for a total of 2,292 hours. The estimated burden for each BHC
that completes the annual Basel III/Dodd- Frank schedule is 20 hours for a total of 380 hours.

19
 These six BHCs (that submit data on the CCR and Trading Risk schedules) were identified as the largest
derivative dealers based on notional value (representing an indicator of volume) and credit exposure as defined
under the Basel I regulatory definition (as a proxy for the risk that OTC derivatives pose to the BHC). The six
BHCs represented over 95 percent of U.S. notional and gross mark-to-market of OTC derivatives exposure in 2009
based on data submitted on the FR Y-9C).

18 

The estimated burden for each BHC that completes the Regulatory Capital Instruments annual
schedule is 20 hours for a total of 380 hours. The total estimated burden for the FR Y-14A
schedules is 19,221 hours.
FR Y-14Q Burden
The burden for each BHC that completes the Securities Risk schedule is estimated to be
10 hours per quarter for a total of 760 hours. The data schedule has been designed based on how
some BHCs report their information internally. The burden for each BHC that completes the
Retail Risk schedule varies across BHCs and for each worksheet within the Retail Risk schedule
it takes approximately 380 hours to complete. The average quarterly burden decreased from
5,683 to 3,800 in response to the deletion of five schedules (the burden for the new monthly
retail schedules is addressed below). On average the revised quarterly burden per BHC is 3,800
hours for a total of 288,800 hours.
The burden for each BHC that completes the PPNR schedule varies across BHCs,
ranging from 360 hours to 1,200 hours. On average the quarterly burden per BHC is 625 hours
for a total of 47,500 hours. The reporting burden varies in part based on the diversity of
operations and the structure and capability of internal reporting systems. Some BHCs may
report the data for only a few business lines, while others with more diversified operations may
need to complete the majority of the data items. Additionally, not all BHCs provide
supplemental information on net interest income.
The total annual burden for the BHCs that complete the quarterly Wholesale Risk
schedule is estimated to be 8,400 hours. This burden estimate includes 60 hours for each
corporate loan respondent and 60 hours for each CRE respondent to complete the data
submission.
The burden for each BHC that completes the Trading Risk schedule varies across BHCs,
ranging from 800 hours to 2,640 hours. On average the quarterly burden per BHC is 1,720 hours
for a total of 41,280 hours. The burden for each BHC that completes the Basel III/Dodd-Frank
schedule (for the first, second, and fourth quarters only) takes on average 20 hours to complete
for a total of 1,140 hours. The estimated burden for each BHC that completes the Regulatory
Capital Instruments schedule (for the first, second, and fourth quarters only) is 40 hours for a
total of 2,280 hours.
The total annual burden for the BHCs that complete the new quarterly Operational Risk
schedule is estimated to be 2,128 hours. On average the quarterly burden per BHC is 28 hours.
The total estimated burden for the FR Y-14Q schedules is 392,288 hours.
FR Y-14M Burden
The burden for each BHC that completes the three monthly retail portfolio collections
varies across BHCs, on average it takes approximately 430 hours to complete each collection per
month. The total burden for the BHCs that complete the new monthly Domestic First Lien
Closed-End Residential Mortgage collection is estimated to be 72,240 hours. The total burden
19 

for the BHCs that complete the new monthly Domestic Home Equity Residential Mortgage
collection is estimated to be 67,080 hours. The total burden for the BHCs that complete the new
monthly Domestic Credit Card collection is estimated to be 56,760 hours. The total estimated
burden for the FR Y-14M collections is 196,080 hours.
The current total annual cost to the public for the FR Y-14 information collection is
estimated to be $24,830,261 and would increase by $2,420,106, to $27,250,367 for the revised
FR Y-14.20

20

Total cost to the public was estimated using the following formula: percent of staff time, multiplied by annual
burden hours, multiplied by hourly rate (30% Office & Administrative Support @ $17, 45% Financial Managers @
$52, 15% Legal Counsel @ $55, and 10% Chief Executives @ $81). Hourly rate for each occupational group are
the median hourly wages (rounded up) from the Bureau of Labor and Statistics (BLS), Occupational Employment
and Wages 2011, www.bls.gov/news.release/ocwage.nr0.htm Occupations are defined using the BLS Occupational
Classification System, www.bls.gov/soc/

20 

Estimated
average
hours per
response

Estimated
annual
burden
hours

Number of
respondents21

Annual
frequency

Summary

19

1

820

15,580

Macro scenario

19

1

31

589

CCR

6

1

382

2,292

Basel III/Dodd-Frank

19

1

20

380

Regulatory capital
instruments

19

1

20

380

Current FR Y-14A

19,221

Current FR Y-14A total
Current FR Y-14Q
Securities risk

19

4

10

Retail risk

19

4

5,683

431,908

PPNR
Wholesale risk
 Corporate loans
 CRE

19

4

625

47,500

16
19

4
4

60
60

3,840

Trading risk

6

4

1,720

41,280

Basel III/Dodd-Frank

19

4

20

1,520

Regulatory capital
instruments
Current FR Y-14Q total

19

4

40

3,040

760

4,560

534,408
553,629

Current total

21

Of the 19 respondents required to comply with this information collection, none are small entities as defined by
the Small Business Administration (i.e., entities with less than $175 million in total assets)
www.sba.gov/contractingopportunities/officials/size/table/index.html.

21 

Estimated
average hours
per response

Estimated
annual
burden
hours

Number of
respondents22

Annual
frequency

Summary

19

1

820

15,580

Macro scenario

19

1

31

589

CCR

6

1

382

2,292

Basel III/Dodd-Frank

19

1

20

380

Regulatory capital

19

1

20

380

Proposed FR Y-14A

Proposed FR Y-14A total

19,221

Proposed FR Y-14Q
Securities risk

19

4

10

Retail risk

19

4

3,800

288,800

PPNR
Wholesale risk
 Corporate loans
 CRE

19

4

625

47,500

16
19

4
4

60
60

3,840

6

4

1,720

41,280

19

3

20

1,140

19

3

40

2,280

19

4

28

2,128

Trading risk
st

nd

Basel III/Dodd-Frank -1 , 2 , &
4th Qtrs
Regulatory capital -1st, 2nd, & 4th
Qtrs
Operational risk
Proposed FR Y-14Q total
Proposed FR Y-14M
Retail risk
 1st lien mortgage
 Home equity
 Credit card
Proposed FR Y-14M total
Proposed collection total

760

4,560

392,288

14
13
11

12
12
12

430
430
430

72,240
67,080
56,760
196,080
607,589

22

Of the 19 respondents required to comply with this information collection, none are small entities as defined by
the Small Business Administration (i.e., entities with less than $175 million in total assets)
www.sba.gov/contractingopportunities/officials/size/table/index.html.

22