Summary Schedule - Annual

OMB No. 7100-0341
Expiration Date: October 31, 2015

General Instructions for the Reporting of the
Capital Assessments and Stress Testing information collection
(FR Y-14A)

This Report is required by law: section 165 of the Dodd-Frank Act (12 U.S.C. § 5365) and section 5 of the Bank Holding
Company Act (12 U.S.C. § 1844). Public reporting burden for this information collection is estimated to vary from 907
to 1,289 hours per response, with an average of 983 hours per response, including time to gather and maintain data in
the required form and to review instructions and complete the information collection. Comments regarding this
burden estimate or any other aspect of this information collection, including suggestions for reducing the burden, may
be sent to Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC
20551, and to the Office of Management and Budget, Paperwork Reduction Project (7100-0341), Washington, DC
20503.

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General Instructions for Preparation of the Annual
Capital Assessments and Stress Testing Report
FR Y‐14A
The FR Y‐14A report collects detailed data on bank holding companies’ quantitative
projections of balance sheet assets and liabilities, income, losses, and capital across a range of
macroeconomic scenarios and qualitative information on methodologies used to develop
internal projections of capital across scenarios. One or more of the macroeconomic scenarios
includes a market risk shock that the bank holding companies (BHCs) will assume when making
trading and counterparty loss projections. The Federal Reserve will provide details about the
macroeconomic scenarios to the BHCs. The FR Y‐14A report includes data schedules for
Summary, Macro Scenario, Counterparty Credit Risk (CCR), Basel III and Dodd‐Frank (Basel III),
and Regulatory Capital Instruments.
(1) Who Must Report
(i) Reporting Criteria
a. Large BHCs that meet an annual threshold of $50 billion or more in total
consolidated assets, as defined by the capital plan rule (12 CFR 225.8), are
required to submit the Capital Assessment and Stress Testing report to the
Federal Reserve. The capital plan rule defines total consolidated assets as the
average of the company’s total consolidated assets over the course of the
previous four calendar quarters, as reflected on the BHC’s consolidated financial
statement for bank holding companies (FR Y–9C). The calculation shall be
effective as of the due date of the bank holding company’s most recent FR Y–9C.
b. Separate annual schedules must be reported for each scenario. All annual schedules
are required to be reported by all BHCs with the exception of the CCR schedule and
the Trading, CCR, and Operational Risk related worksheets of the Summary
schedule.
1) CCR schedule and Trading and CCR worksheets: Only BHCs with greater than
$500 billion in total consolidated assets who are subject to the amended
market risk rule (12 CFR Parts 208, Appendix, E and 225, Appendix E) must
submit this schedule and worksheets.
2) Operational Risk worksheets: BHCs subject to the Board’s advanced approaches
risk‐based capital rules (12 CFR part 225, Appendix, G) must submit these
worksheets.
c. Certain data elements within the annual schedules are subject to materiality
thresholds. The instructions to these data schedules provide details on whether or
not a BHC must submit a specific data element.
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(ii) Exemptions
a. Only BHCs that did not meet the reporting criteria listed in paragraph one above are
exempt from reporting.
(2) Where to Submit the Reports
(i) All BHCs subject to these reporting requirements must submit completed reports
electronically. BHCs will be provided information on how to transmit data to the FR Y‐
14 IntraLinks Collaboration website.
(3) When to Submit the Reports
(i) BHCs must file the FR Y‐14A report according to the appropriate time schedules
described below:
a. With the exception of the CCR schedule and the Trading and CCR worksheets of the
Summary schedule, the data collected will be reported as of September 30. The as‐
of‐date for the CCR schedule and the Trading and CCR worksheets of the Summary
schedule will be between October 1 and December 1 of that calendar year.2 All
schedules will be due on or before January 5 (unless that day falls on a weekend
(subject to timely filing provisions)).
b. General Timing: If the submission date falls on a weekend, the data must be
received on the first business day after the weekend. No other extensions of time for
submitting reports will be granted. The data are due by the end of the reporting day
on the submission date. Early submission aids the Federal Reserve in reviewing and
processing data and is encouraged.
(4) How to Prepare the Reports
(i) Applicability of GAAP, Consolidation Rules, and Other Instructional Guidance
a. BHCs are required to prepare and file the FR Y‐14A schedules in accordance with
generally accepted accounting principles (GAAP) and these instructions. The
financial records of the BHCs should be maintained in such a manner and scope to
ensure the FR Y‐14A is prepared in accordance with these instructions and reflects a
fair presentation of the BHCs' financial condition and assessment of performance
under stressed scenarios.
b. Rules of Consolidation: Reference the FR Y‐9C General Instructions for a discussion
of the rules of consolidation.

2

BHCs are permitted to submit the CCR schedule and the Trading and CCR worksheets of the Summary schedule as
of the most recent date that corresponds to the regular reporting cycle that falls prior to the specified as‐of date.
That as‐of date will be communicated to the BHCs by December 1.

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c. BHCs should review the following published documents (in the order listed below)
when determining the precise definition to be used in completing the schedules:
1) The FR Y‐14A instructions;
2) The latest available FR Y‐9C instructions published on the Federal
Reserve’s public web site: http://www.federalreserve.gov/reportforms;
(ii) Confidentiality: As these data will be collected as part of the supervisory process, they
are subject to confidential treatment under exemption 8 of the Freedom of Information
Act. 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. 5
U.S.C. 552(b)(4). Disclosure determinations would be made on a case‐by‐case basis.
(iii) Amended Reports
a. The Federal Reserve will require the filing of amended reports if previous
submissions contain significant errors. In addition, a reporting institution must file
an amended report when it or the Federal Reserve discovers significant errors or
omissions subsequent to submission of a report. Failure to file amended reports on
a timely basis may subject the institution to supervisory action.
(iv) Questions and Requests for Interpretations: BHCs should submit any questions or
requests for interpretations by email to [email protected].

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