30-Day Federal Register Notice

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Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
Summit County Fiscal Office and a
southeasterly corner of said AkronCanton Regional Airport Authority
parcel;
Thence N 01°37′33″ E along the
easterly line of said Akron-Canton
Regional Airport Authority parcel and
the westerly line of said Overhead Door
Corporation parcel, a distance of 499.21
feet to a 5⁄8 inch rebar found at the
northwesterly corner of said Overhead
Door Corporation parcel (passing over a
5⁄8 inch rebar found on the north right
of way line of said Greensburg Road at
61.25 feet), and being the True Place Of
Beginning for the parcel herein
described;
1. Thence N 01°37′33″ E on a new
lease line and along the northerly
extension of said westerly line of said
Overhead Door Corporation parcel, a
distance of 489.57 feet to a point on the
easterly line of an area designated by
said Akron-Canton Regional Airport
Authority as ‘‘RUNWAY 19 APPROACH
AND PROTECTION ZONE (19 RPZ)’’;
2. Thence N 10°18′22″ E on a new
lease line and along the easterly line of
said ‘‘19 RPZ’’, a distance of S 10.67 feet
to a point on the southwesterly existing
limited-access right of way line of
Interstate 77 and the northeasterly line
of said Akron-Canton Regional Airport
Authority parcel;
3. Thence S 33°57′37″ E along the
northeasterly line of said Akron-Canton
Regional Airport Authority parcel and
said limited access right of way line of
Interstate 77, a distance of 554.65 feet to
a 5⁄8 inch iron bar found at the northeast
corner of said Akron-Canton Regional
Airport Authority parcel and the
northwest corner of a 7.706 acre parcel
conveyed to Canton Green, LLC by
Reception Number 55538275 of the
Summit County Fiscal Office.
4. Thence S 01°37′33″ W along the
easterly line of said Akron-Canton
Regional Airport Authority parcel the
westerly line of said Canton Green, LLC
parcel, a distance of 542.51 feet to a 3⁄4
inch iron pipe found at a southeast
corner of said Akron-Canton Regional
Airport Authority parcel and the
northeast corner of a 1.04 acre parcel
conveyed to Akron Canton Regional
Airport Authority by Reception Number
54282080 of the Summit County Fiscal
Office;
5. Thence N 88°29′31″ W along the
northerly line of said 1.04 acre AkronCanton Regional Airport Authority
parcel and the northerly line of said
Overhead Door Corporation parcel, a
distance of 399.84 feet (passing over a
3⁄4 inch iron pipe found at 184.77 feet)
to the True Place of Beginning, and
containing 7.006 acres more or less, of
which 0.000 acres are within the road

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right of way, subject to all easements
and right of ways of record or as
otherwise established. This description
is based on a field survey performed
under the direction of Adam R. Zearley,
P. S. #8594 of Hammontree &
Associates, Limited, Engineers,
Planners, and Surveyors of North
Canton, Ohio in June, 2016.
The basis of bearings for this
description the Ohio State Plane
Coordinate System, Ohio North Zone,
NAD83 (2011), Geoid 12A.
Issued in Romulus, Michigan, on
November 30, 2017.
John L. Mayfield, Jr.,
Manager, Detroit Airports District Office,
FAA, Great Lakes Region.
[FR Doc. 2018–00129 Filed 1–5–18; 8:45 am]
BILLING CODE 4910–13–P

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Joint Comment Request
Office of the Comptroller of the
Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); and Federal Deposit
Insurance Corporation (FDIC).
ACTION: Joint notice and request for
comment.
AGENCY:

In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995, the OCC,
the Board, and the FDIC (the
‘‘agencies’’) may not conduct or
sponsor, and the respondent is not
required to respond to, an information
collection unless it displays a currently
valid Office of Management and Budget
(OMB) control number. On June 27,
2017, the agencies, under the auspices
of the Federal Financial Institutions
Examination Council (FFIEC), requested
public comment for 60 days on a
proposal to revise the Consolidated
Reports of Condition and Income for a
Bank with Domestic and Foreign Offices
(FFIEC 031), the Consolidated Reports
of Condition and Income for a Bank
with Domestic Offices Only (FFIEC
041), and the Consolidated Reports of
Condition and Income for a Bank with
Domestic Offices Only and Total Assets
Less than $1 Billion (FFIEC 051), which
are currently approved collections of

SUMMARY:

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information. The Consolidated Reports
of Condition and Income are commonly
referred to as the Call Report. The
proposed revisions to the FFIEC 031,
FFIEC 041, and FFIEC 051 Call Reports
would result in an overall reduction in
burden.
The comment period for the June
2017 notice ended on August 28, 2017.
As described in the SUPPLEMENTARY
INFORMATION section, after considering
the comments received on the proposal,
the FFIEC and the agencies will proceed
with the proposed reporting revisions to
the FFIEC 031, FFIEC 041, and FFIEC
051. These reporting revisions relate to
the deletion or consolidation of a large
number of items, the raising of certain
reporting thresholds, and a reduction in
reporting frequency for a number of
items. For small institutions filing the
FFIEC 051 report, these changes affect
approximately seven percent of the data
items collected. The agencies will also
proceed with the scope revision to the
FFIEC 031 and FFIEC 041 reports to
require all institutions with
consolidated total assets of $100 billion
or more, regardless of whether an
institution has any foreign offices, to file
the FFIEC 031. However, the agencies
will delay the effective date of these
reporting revisions and scope revision
until the June 30, 2018, report date,
rather than implementing them as of the
March 31, 2018, report date, as
originally proposed.
In addition, the agencies will proceed
with the revisions to address the
changes in the accounting for equity
investments, with some modifications to
the proposal in response to comments
received. The effective date for these
revisions would be the March 31, 2018,
report date, as originally proposed, to
coincide with the first reporting period
in which the accounting changes will be
adopted under U.S. generally accepted
accounting principles (GAAP) by certain
reporting institutions. Finally, because
of concerns raised by commenters
regarding the proposed revisions to the
definition of ‘‘past due’’ assets for
regulatory reporting purposes, the
agencies are giving further consideration
to this proposal, including its effect on
and relationship to other regulatory
reporting requirements, and are not
proceeding with this proposed revision
at this time.
The agencies are giving notice that
they have sent the collection to OMB for
review.
DATES: Comments must be submitted on
or before February 7, 2018.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the agencies. All comments,

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Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices

which should refer to the OMB control
number(s), will be shared among the
agencies.
OCC: You may submit comments,
which should refer to ‘‘FFIEC 031,
FFIEC 041, and FFIEC 051,’’ by any of
the following methods:
• Email: [email protected].
• Fax: (571) 465–4326.
• Mail: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
All comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
You may personally inspect and
photocopy comments at the OCC, 400
7th Street SW, Washington, DC 20219.
For security reasons, the OCC requires
that visitors make an appointment to
inspect comments. You may do so by
calling (202) 649–6700 or, for persons
who are deaf or hearing impaired, TTY,
(202) 649–5597. Upon arrival, visitors
will be required to present valid
government-issued photo identification
and submit to security screening in
order to inspect and photocopy
comments.
Board: You may submit comments,
which should refer to ‘‘FFIEC 031,
FFIEC 041, and FFIEC 051,’’ by any of
the following methods:
• Agency website: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at:
http://www.federalreserve.gov/general
info/foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: regs.comments@
federalreserve.gov. Include the reporting
form numbers in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available
from the Board’s website at
www.federalreserve.gov/generalinfo/
foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street

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NW (between 18th and 19th Streets
NW), Washington, DC 20006 between
9:00 a.m. and 5:00 p.m. on weekdays.
FDIC: You may submit comments,
which should refer to ‘‘FFIEC 031,
FFIEC 041, and FFIEC 051,’’ by any of
the following methods:
• Agency website: https://
www.fdic.gov/regulations/laws/federal/.
Follow the instructions for submitting
comments on the FDIC’s website.
• Federal eRulemaking Portal:
https://www.regulations.gov. Follow the
instructions for submitting comments.
• Email: [email protected].
Include ‘‘FFIEC 031, FFIEC 041, and
FFIEC 051’’ in the subject line of the
message.
• Mail: Manuel E. Cabeza, Counsel,
Attn: Comments, Room MB–3007,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
• Hand Delivery: Comments may be
hand delivered to the guard station at
the rear of the 550 17th Street Building
(located on F Street) on business days
between 7:00 a.m. and 5:00 p.m.
Public Inspection: All comments
received will be posted without change
to https://www.fdic.gov/regulations/
laws/federal/ including any personal
information provided. Paper copies of
public comments may be requested from
the FDIC Public Information Center by
telephone at (877) 275–3342 or (703)
562–2200.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW,
Washington, DC 20503; by fax to (202)
395–6974; or by email to oira_
[email protected].
FOR FURTHER INFORMATION CONTACT: For
further information about the proposed
revisions to the Call Report discussed in
this notice, please contact any of the
agency staff whose names appear below.
In addition, copies of the Call Report
forms can be obtained at the FFIEC’s
website (https://www.ffiec.gov/ffiec_
report_forms.htm).
OCC: Kevin Korzeniewski, Counsel,
(202) 649–5490, or for persons who are
deaf or hearing impaired, TTY, (202)
649–5597, Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, 400 7th
Street SW, Washington, DC 20219.
Board: Nuha Elmaghrabi, Federal
Reserve Board Clearance Officer, (202)
452–3884, Office of the Chief Data
Officer, Board of Governors of the
Federal Reserve System, 20th and C

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Streets NW, Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may call (202) 263–4869.
FDIC: Manuel E. Cabeza, Counsel,
(202) 898–3767, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: The
agencies propose revisions to data items
reported on the FFIEC 031, FFIEC 041,
and FFIEC 051 Call Reports.
Report Title: Consolidated Reports of
Condition and Income (Call Report).
Form Numbers: FFIEC 031 (for banks
and savings associations with domestic
and foreign offices), FFIEC 041 (for
banks and savings associations with
domestic offices only), and FFIEC 051
(for banks and savings associations with
domestic offices only and total assets
less than $1 billion).
Frequency of Response: Quarterly.
Affected Public: Business or other forprofit.
OCC:
OMB Control No.: 1557–0081.
Estimated Number of Respondents:
1,297 national banks and federal savings
associations.
Estimated Average Burden per
Response: 47.70 burden hours per
quarter to file.
Estimated Total Annual Burden:
247,468 burden hours to file.
Board:
OMB Control No.: 7100–0036.
Estimated Number of Respondents:
823 state member banks.
Estimated Average Burden per
Response: 51.85 burden hours per
quarter to file.
Estimated Total Annual Burden:
170,690 burden hours to file.
FDIC:
OMB Control No.: 3064–0052.
Estimated Number of Respondents:
3,668 insured state nonmember banks
and state savings associations.
Estimated Average Burden per
Response: 45.62 burden hours per
quarter to file.
Estimated Total Annual Burden:
669,337 burden hours to file.
The proposed burden-reducing
revisions to the Call Reports are the
result of an ongoing effort by the
agencies to reduce the burden
associated with their preparation and
filing and, as detailed in Appendices B,
C, and D, achieve burden reductions by
the removal or consolidation of
numerous items, the raising of certain
reporting thresholds, and a reduction in
reporting frequency for certain items.
The proposed revisions to the reporting
of equity investments are consistent
with changes in the accounting

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standards applicable to such
investments.
The estimated average burden hours
collectively reflect the estimates for the
FFIEC 031, the FFIEC 041, and the
FFIEC 051 reports. When the estimates
are calculated by type of report across
the agencies, the estimated average
burden hours per quarter are 123.06
(FFIEC 031), 57.71 (FFIEC 041), and
39.38 (FFIEC 051). The burden hours for
the currently approved reports are
128.05 (FFIEC 031), 74.88 (FFIEC 041),
and 44.94 (FFIEC 051),1 so the revisions
in this notice would represent a
reduction in estimated average burden
hours per quarter by 4.99 (FFIEC 031),
17.17 (FFIEC 041), and 5.56 (FFIEC
051). The estimated burden per
response for the quarterly filings of the
Call Report is an average that varies by
agency because of differences in the
composition of the institutions under
each agency’s supervision (e.g., size
distribution of institutions, types of
activities in which they are engaged,
and existence of foreign offices).
Type of Review: Revision and
extension of currently approved
collections.

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General Description of Reports
These information collections are
mandatory pursuant to 12 U.S.C. 161
(for national banks), 12 U.S.C. 324 (for
state member banks), 12 U.S.C. 1817 (for
insured state nonmember commercial
and savings banks), and 12 U.S.C. 1464
(for federal and state savings
associations). At present, except for
selected data items and text, these
information collections are not given
confidential treatment.
Abstract
Institutions submit Call Report data to
the agencies each quarter for the
agencies’ use in monitoring the
condition, performance, and risk profile
of individual institutions and the
industry as a whole. Call Report data
serve a regulatory or public policy
purpose by assisting the agencies in
fulfilling their missions of ensuring the
safety and soundness of financial
institutions and the financial system
and the protection of consumer
financial rights, as well as agencyspecific missions affecting federal and
state-chartered institutions, e.g.,
monetary policy, financial stability, and
deposit insurance. Call Reports are the
source of the most current statistical
data available for identifying areas of
focus for on-site and off-site
examinations. The agencies use Call
Report data in evaluating institutions’
1 See

82 FR 2444.

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corporate applications, including, in
particular, interstate merger and
acquisition applications for which, as
required by law, the agencies must
determine whether the resulting
institution would control more than 10
percent of the total amount of deposits
of insured depository institutions in the
United States. Call Report data also are
used to calculate institutions’ deposit
insurance and Financing Corporation
assessments and national banks’ and
federal savings associations’ semiannual
assessment fees.
Current Actions
I. Introduction
On June 27, 2017, the agencies
requested comment for 60 days on a
proposal to revise the existing Call
Report requirements (FFIEC 031, FFIEC
041, and FFIEC 051).2 The June 2017
proposal, as well as the creation of the
FFIEC 051 and other recent revisions to
the FFIEC 031 and FFIEC 041, are the
result of a formal initiative launched by
the FFIEC in December 2014 to identify
potential opportunities to reduce
burden associated with Call Report
requirements for community
institutions. The most significant
actions under this initiative are
community institution outreach efforts,
internal surveys of users of Call Report
data at FFIEC member entities, and the
implementation of a streamlined Call
Report for small institutions. A
summary of the FFIEC member entities’
uses of the data items retained in the
Call Report schedules subject to the
reporting revisions in this proposal is
included in Appendix A, which is
repeated from the June 2017 notice with
nonsubstantive technical corrections.
Additional information about the
initiative can be found in the June 2017
notice and in four earlier notices related
to actions taken under this initiative.3
The comment period for the June
2017 notice ended on August 28, 2017.
General comments on the notice are
summarized in Section II. In Section III,
the agencies provide more details on the
comments received and any changes the
agencies are making in response to those
comments. Section IV discusses the
timing for implementing the proposed
revisions to the Call Report.
II. General Comments on the Proposed
Call Report Revisions
The agencies collectively received
comments on the proposal from 13
entities, including banking
2 See

82 FR 29147 (June 27, 2017).
80 FR 56539 (September 18, 2015), 81 FR
45357 (July 13, 2016), 81 FR 54190 (August 15,
2016), and 82 FR 2444 (January 9, 2017).
3 See

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organizations, bankers’ associations, and
a government entity. General comments
and recommendations on the FFIEC
031, FFIEC 041, and FFIEC 051 Call
Reports are included in this section. The
agencies provide information regarding
comments on specific aspects of the
proposed revisions to the Call Reports
in more detail in Section III.
A. Comments on the Overall Proposal
and the Burden-Reduction Initiative
Commenters expressed mixed
opinions on the June 2017 notice and
the agencies’ Call Report burdenreduction initiatives to date. Seven
commenters representing banking
organizations and bankers’ associations
supported the effort put forth by the
agencies. One bankers’ association
stated that it ‘‘appreciates the time and
effort the FFIEC has devoted to
identifying opportunities to reduce the
burdens associated with the Call Report
requirements.’’ The commenter went on
to say that the removal or change in
reporting frequency of line items or
increase to reporting thresholds ‘‘serves
as needed clean-up of the Call Report.’’
Three banking organizations also
‘‘appreciate’’ the agencies’ initiatives
focused on reducing the burden
associated with the Call Reports. The
government entity stated it uses certain
data items in the Call Report in
preparing national economic reports,
and encouraged the agencies to continue
collecting those items.
On the other hand, the majority of the
comment letters asserted that the
proposed revisions to the Call Reports
would provide no real savings in effort
or cost for smaller institutions and that
the overall reduction in burden is of
limited value to such institutions. One
of the banking organizations and two of
the bankers’ associations further
indicated that reducing reporting
frequency would provide only ‘‘limited
relief.’’ These commenters noted that
regardless of whether cumulative data is
reported every quarter or every six
months, institutions would still need to
gather the data on a quarterly basis in
order to produce the reported data on a
semiannual basis. Two bankers’
associations responded that combining
data items also would not provide any
relief to institutions, because processes
are already in place to gather the
information separately. One banking
organization and one bankers’
association stated that the proposed
revisions would increase burden due to
the system changes that would be
necessary to modify the processes
currently in place, such as deactivating
or reactivating each quarter the
reporting of data items that would

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change from a quarterly to a semiannual
or annual reporting frequency.
The agencies recognize that not all
institutions would see an immediate
and large reduction in burden from the
proposed revisions in the June 2017
notice. However, reducing the frequency
of collection for certain data items or
consolidating existing data items into
fewer data items would result in
institutions spending less time
completing the Call Report since there
would be fewer items to review prior to
each quarterly submission. Also, an
institution would have fewer
instructions to review to determine
whether it has reportable (nonzero)
amounts. To the extent that an
institution currently tracks granular data
items that are proposed to be
consolidated, there may be limited
burden relief from consolidating the
items. However, institutions that
currently track data at an aggregate level
and then must allocate that amount to
the existing subcategories every quarter
would see additional burden relief.
Accordingly, these changes represent
meaningful Call Report burden relief to
institutions that do not engage in
complex activities.
Furthermore, as previously
mentioned, internal surveys of users of
Call Report data at FFIEC member
entities, including staff of the agencies,
were one of the significant actions
under the FFIEC’s community bank Call
Report burden-reduction initiative. The
survey responses have been the
foundation for the statutorily mandated
review of the existing Call Report data
items 4 that the agencies have been
conducting over the course of the
burden-reduction initiative. After
completing this review, the statute
directs the agencies to ‘‘reduce or
eliminate any requirement to file
information or schedules . . . (other
than information or schedules that are
otherwise required by law)’’ if the
agencies determine that ‘‘the continued
collection of such information or
schedules is no longer necessary or
appropriate.’’ The findings from the
agencies’ review revealed that certain
information is no longer needed from
some or all institutions, either on a
quarterly basis or at all, and that the
current level of detail is no longer
needed from some or all institutions in
certain Call Report schedules.
Accordingly, for those Call Report data
items for which the results of the
statutorily mandated review have
triggered these conclusions, the agencies
4 This review is mandated by section 604 of the
Financial Services Regulatory Relief Act of 2006 (12
U.S.C. 1817(a)(11)).

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are removing, consolidating, or reducing
the reporting frequency of, or creating a
new or increased reporting threshold
for, the affected Call Report data items
notwithstanding any system changes
that institutions would need to make in
response to these reporting changes.
Finally, in an effort to address the
concerns of institutions relating to the
proposed reductions in frequency from
quarterly to semiannual, the agencies
note that the FFIEC’s Central Data
Repository (CDR) 5 allows institutions to
submit data quarterly, even if the data
items are only required to be reported
semiannually or annually. This will
permit institutions to choose to avoid
any perceived burden needed to reduce
the reporting frequency from the
quarterly frequency required in the
existing Call Report.
B. General Recommendations From
Commenters
Three commenters suggested the
agencies adopt a ‘‘short-form’’ Call
Report to be filed for at least two
quarters of the year. The short-form Call
Report recommended by two of these
commenters would consist only of an
institution’s balance sheet, income
statement, and statement of changes in
equity capital. The institution would
file a full Call Report including all
supporting schedules in the second and
fourth quarters, and the short-form Call
Report in the first and third quarters.
The third commenter recommended
including a limited number of
additional schedules in the first and
third quarters to report more detailed
information on loans and regulatory
capital, with additional schedules filed
in the second and fourth quarters.
While the agencies understand the
commenters’ desire for a short-form Call
Report, the agencies did not adopt this
suggestion for the reasons noted in
response to the comment letters
received on the August 2016 proposal
for a streamlined Call Report for small
institutions.6 Most notably, in addition
to the basic financial statements, the
most streamlined quarterly report
possible must also include data items
required by law or regulation, along
with quarterly data necessary for
adequate supervision by the agencies.
Furthermore, the agencies leverage a
significant amount of the data reported
quarterly in the more detailed general
and supplemental Call Report schedules
5 The CDR is a secure, shared application for
collecting, managing, validating, and distributing
data reported in the Call Report and the FDIC’s
annual Summary of Deposits survey (OMB No.
3064–0061). The CDR also processes and distributes
the Uniform Bank Performance Report.
6 See 82 FR 2444 (January 9, 2017).

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when conducting off-site monitoring
and determining the scope and
frequency of on-site examinations.
Limiting the information collected on
these schedules to semiannual could
significantly impair the agencies’
supervisory planning and review
processes and potentially lead to a less
efficient use of supervisory resources.
One commenter recommended that
the FFIEC establish an industry advisory
committee to develop advice and
guidance on the Call Report and
establish a regular forum to address
technical questions and new changes to
the Call Report. In response, the
agencies plan to continue to offer
outreach in connection with significant
revisions to the Call Report, as they did
with the adoption of the revised
Schedule RC–R, Regulatory Capital, and
with the implementation of the FFIEC
051. The agencies also receive and
respond to a number of questions from
individual institutions each quarter.
Issues that could affect multiple
institutions are often addressed through
the Call Report Supplemental
Instructions published quarterly or
updates to the Call Report instruction
book published as needed. Consistent
with the PRA, the agencies also offer an
opportunity for members of the banking
industry to comment on proposed
changes to the Call Report or to make
any additional suggestions for
improving, streamlining, or clarifying
the Call Report.
One commenter recommended that
the agencies align the proposed
revisions in the Call Report with
revisions to the FR Y–9C report for
holding companies.7 The commenter
stated that having differences in
reporting between the Call Report and
FR Y–9C can create burden for reporting
firms. The agencies agree that aligning
proposed revisions in the Call Report
with proposed revisions to comparable
data items collected in the consolidated
FR Y–9C report would reduce burden
for reporting holding companies. The
Board will take this comment into
consideration when it develops
proposed revisions to the FR Y–9C
report.
One commenter recommended that
the agencies increase the asset-size
threshold for filing the FFIEC 051 Call
Report from the current $1 billion to at
least $10 billion, indexed for inflation.
Raising the threshold to $10 billion or
higher at this time could result in a
significant loss of data necessary for
supervisory or other purposes from
institutions with assets above $1 billion.
7 Consolidated Financial Statements for Holding
Companies, OMB No. 7100–0128.

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Therefore, while the agencies are not
adopting this recommendation at this
time, the agencies are continuing to
evaluate the appropriate scope and
criteria for expanding the number of
institutions eligible to file the FFIEC
051.
The agencies received three comment
letters from banking organizations that
highlighted the burden required for
their institutions to prepare Schedule
RC–R, Regulatory Capital. Reporting on
Schedule RC–R is directly tied to the
requirements in the agencies’ regulatory
capital rules.8
The agencies recently issued a
proposal for modifications to simplify
the regulatory capital rules.9 To the
extent changes contained in that
proposal are adopted in a final rule, the
agencies would incorporate those
simplifications into Schedule RC–R.
One commenter stated that Schedule
RC–C, Part II, is particularly
burdensome to complete and should be
eliminated. The agencies previously
reduced the frequency of this schedule
from quarterly to semiannual for
institutions filing the FFIEC 051.10
However, the agencies cannot eliminate
this schedule because the submission of
information on small business and small
farm loans is specifically required by
statute.11 Appendix A to the agencies’
January 2017 Federal Register notice
(82 FR 2444) provides information about
how the agencies use the data reported
in Schedule RC–C, Part II.

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III. Specific Comments on the Proposed
Call Report Revisions
A. Scope Revision
The agencies proposed to revise the
scope of the FFIEC 031 Call Report to
require all institutions with
consolidated total assets of $100 billion
or more to file this form, regardless of
whether an institution has any foreign
offices. The agencies proposed this
change because institutions with
consolidated total assets of $100 billion
or more without foreign offices are
considered to have a similar degree of
complexity in their activities as
institutions of this size with foreign
offices that currently file the FFIEC 031.
The agencies received two comments
opposing the proposed scope revision.
One bankers’ association stated that the
proposal could be viewed as creating
three Call Reports for larger banks,
8 12 CFR part 3 (OCC); 12 CFR part 217 (Board);
12 CFR part 324 (FDIC).
9 82 FR 49984 (October 27, 2017).
10 See 82 FR 2444 (January 9, 2017).
11 See section 122 of the Federal Deposit
Insurance Corporation Improvement Act of 1991,
Public Law 102–242.

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which could create a problem if the
reports evolve and do not remain
aligned in the future. Another bankers’
association opposed the agencies’ use of
a size-based threshold alone (i.e., $100
billion or more in assets) to revise the
scope of the FFIEC 031, rather than
looking at the business model and risk
profile of an institution.
The agencies are proceeding with the
proposed scope revision of the FFIEC
031 to include all institutions with
foreign offices and all institutions with
consolidated total assets of $100 billion
or more. The agencies note that this
revision would affect only five
institutions, as the majority of
institutions with assets of $100 billion
or more also have foreign offices and
currently file the FFIEC 031. Currently,
the FFIEC 031 and FFIEC 041 collect the
same information on an institution’s
domestic office activities. When
preparing the FFIEC 031, institutions
with no foreign offices would not need
to report items that request information
on foreign offices, including the entirety
of Schedules RI–D; RC–E, Part II; and
RC–I; nor would they need to complete
Schedule RC–H, which collects certain
domestic office data. These institutions
also would report the same amounts for
‘‘domestic offices’’ and ‘‘consolidated
bank’’ in other schedules that request
this breakout, which would not require
these institutions to compile additional
information. In addition, there is
currently a single set of Call Report
instructions for both the FFIEC 031 and
FFIEC 041, which helps promote
consistency in reporting between those
versions of the Call Report and should
reduce the burden of a transition for the
affected institutions. As noted in the
June 2017 notice, the agencies consider
all institutions with $100 billion or
more in total assets to be of similar
complexity. Institutions of this size
typically have similar business activities
and risk profiles for their domestic
operations, and the agencies’ examiners
review these domestic operations in a
similar manner. Receiving information
from all institutions in this size category
on the same Call Report form will
improve the agencies’ ability to perform
comparisons among these institutions’
domestic operations. This proposed
scope revision also has enabled the
agencies to propose removing items
from, or consolidating a significant
number of items in, the FFIEC 041
form,12 as the agencies believe these
items are no longer necessary based on
the business activities and risk profiles
of institutions with domestic offices
12 See

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943

only and consolidated total assets less
than $100 billion.
B. Burden-Reducing Revisions
The agencies received two comments
from banking organizations on the
proposed revisions to Schedule RI–E to
reduce the reporting frequency of the
data items for significant components of
‘‘other noninterest income’’ and ‘‘other
noninterest expense’’ from quarterly to
annual in the FFIEC 051 and increase
the percentage threshold for reporting
individual components in all three
versions of the Call Report. One
commenter noted this revision would
actually reduce burden in preparing the
reports. The other commenter stated
that his organization does not meet the
existing thresholds to separately report
noninterest income and expense
components on that schedule, so the
reporting burden would not change.
After considering these specific
comments, as well as the comments
received on the overall proposal and the
burden-reduction initiative that were
discussed in Section II.A. above, the
agencies will proceed with the proposed
burden-reducing changes to Schedule
RI–E, along with all other burdenreducing changes to Call Report
schedules proposed in the June 2017
notice. The agencies recognize that not
every proposed change will reduce
burden for every institution. However,
the agencies believe that the proposed
changes will reduce burden in the Call
Reports as a whole, which is also
reflected in a reduction in the estimated
burden hours per quarter for the Call
Reports.
C. Instructional Revision for the
Reporting of Assets as ‘‘Past Due’’
Under the current Call Report
instructions, closed-end installment
loans, amortizing loans secured by real
estate, and other loans and lease
financing receivables with payments
scheduled monthly are to be reported as
past due in Schedule RC–N, Past Due
and Nonaccrual Loans, Leases, and
Other Assets, when the borrower is in
arrears two or more monthly payments.
This means that a loan is to be reported
as past due if two monthly payments
have not been received by the close of
business on the due date of the second
monthly payment. Similarly, the Call
Report instructions provide that openend credit such as credit cards, check
credit, and other revolving credit plans
are to be reported as past due when the
customer has not made the minimum
payment for two or more billing cycles.
The instructions also provide that, at an
institution’s option, loans and leases
with payments scheduled monthly may

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be reported as past due when one
scheduled payment is due and unpaid
for 30 days or more.
The agencies note there is an existing
widely used industry standard, known
as the Mortgage Bankers Association
(MBA) method, which provides that
loans with payments scheduled
monthly become 30 days past due if a
monthly payment is not received by the
end of the day immediately preceding
the loan’s next due date. The agencies
understand that the MBA method is
used by most major mortgage data
repositories, including the three major
credit bureaus and two major mortgage
loan data processing service bureaus
used by institutions. The MBA method
is also used by reporting forums such as
the MBA, McDash Analytics, and the
OCC Mortgage Metrics Reports.
Therefore, to promote the use of a
consistent standard in the industry and
reduce the burden for certain
institutions calculating past-due loans
under two methods (i.e., one method for
Call Report purposes and a different
method for other reporting purposes),
the agencies proposed in the June 2017
notice to modify the definition of ‘‘past
due’’ for regulatory reporting purposes
that is currently contained in the
general instructions of Schedule RC–N
to align with the MBA method.
Specifically, under that proposal,
closed-end installment loans,
amortizing loans secured by real estate,
and other loans and lease financing
receivables with payments scheduled
monthly, as well as open-end credit
such as credit cards, check credit, and
other revolving credit plans with
payments scheduled monthly, would be
reported as past due in Schedule RC–N
if a payment is not received by the end
of the day immediately preceding the
loan’s next payment due date.
The agencies received comments from
two bankers’ associations and three
banking organizations regarding the
proposed instructional revision to the
definition of ‘‘past due.’’ These
commenters generally opposed the
proposed revision. All commenters
cited increased burden related to
operational difficulties to implement the
change as well as concerns about how
this definitional change would flow
through to or affect other reporting
requirements. Operational challenges
cited by commenters include substantial
processing system changes; the need to
modify contracts with third-party
vendors, loan securitization agreements,
and other legal agreements;
communication issues with loan
servicing customers; and coordination
issues with third-party vendors to
implement the proposed revision. Other

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related reporting concerns include
possible restatements of audited
financial statements and filings with the
Securities and Exchange Commission;
the effect on the calculation of the
allowance for loan and lease losses; the
impact on the risk weighting associated
with delinquent and nonaccrual loans
as reported on Schedule RC–R,
Regulatory Capital; the use of
performing loans as inputs for stress
testing and recovery and resolution
planning purposes; the impact on
liquidity reporting; and the impact on
the calculation of surcharge scores
assessed to global systemically
important banks (G–SIBs). Additionally,
one bankers’ association stated that the
proposed instructional change would
remove the current reporting flexibility
for institutions to use a combination of
actual-day count, the MBA method, and
the current Call Report method based on
the institutions’ particular portfolios.
Based on the issues raised in the
comments received on the proposed
instructional revision to the definition
of past due, the agencies are giving
further consideration to this proposal,
including its effect on and relationship
to other regulatory reporting
requirements. Accordingly, the agencies
are not proceeding with this proposed
instructional revision and the existing
instructions for the definition of past
due will remain in effect.
D. Proposed Call Report Revisions To
Address Changes in Accounting for
Equity Investments
In January 2016, the Financial
Accounting Standards Board (FASB)
issued Accounting Standards Update
(ASU) No. 2016–01, ‘‘Recognition and
Measurement of Financial Assets and
Financial Liabilities.’’ As one of its main
provisions, the ASU requires certain
investments in equity securities
(including other ownership interests,
such as interests in partnerships,
unincorporated joint ventures, and
limited liability companies) to be
measured at fair value with changes in
fair value recognized in net income (fair
value through net income).
Section 37(a) of the Federal Deposit
Insurance Act (12 U.S.C. 1831n(a))
states that, in general, the accounting
principles applicable to the Call Report
‘‘shall be uniform and consistent with
generally accepted accounting
principles.’’ The agencies are
maintaining consistency with U.S.
GAAP by implementing the provisions
of ASU 2016–01 in the Call Report in
accordance with the effective dates set
forth in the ASU. For institutions that
are public business entities, as defined
in U.S. GAAP, ASU 2016–01 is effective

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for fiscal years beginning after December
15, 2017, including interim periods
within those fiscal years. For all other
institutions, the ASU is effective for
fiscal years beginning after December
15, 2018, and interim periods within
fiscal years beginning after December
15, 2019.
Based on their consideration of the
changes in the accounting for equity
investments under ASU 2016–01 and
the effect of these changes on the
manner in which data on equity
securities and other equity investments
are currently reported in the Call
Report, the agencies proposed to revise
the reporting of information on equity
securities and other equity investments
in Call Report Schedules RI, Income
Statement; RI–D, Income from Foreign
Offices (on the FFIEC 031); RC, Balance
Sheet; RC–B, Securities; RC–F, Other
Assets; RC–H, Selected Balance Sheet
Items for Domestic Offices (on the
FFIEC 031); RC–K, Quarterly Averages;
RC–Q, Assets and Liabilities Measured
at Fair Value on a Recurring Basis (on
the FFIEC 041 and FFIEC 031); and RC–
R, Regulatory Capital.13
In developing the proposed revisions
to these Call Report schedules, the
agencies sought to limit the number of
data items being added to the Call
Report to address the changes in
accounting for equity securities and
other equity investments.
Furthermore, because of the different
effective dates for ASU 2016–01 for
public business entities and all other
entities, as well as the varying fiscal
years across the population of
institutions that file Call Reports, the
period over which institutions will be
implementing this ASU ranges from the
first quarter of 2018 through the fourth
quarter of 2020. As a result, the agencies
proposed to introduce the revisions to
the reporting of information on equity
securities and other equity investments
in response to the ASU in the Call
Report effective March 31, 2018.
The agencies received comments from
two banking organizations and two
bankers’ associations addressing the
proposed Call Report revisions related
to equity securities. Both bankers’
associations expressed general support
for the proposed changes to reporting of
information on equity securities and
other equity investments. However, for
an institution that has adopted the new
accounting standard, the associations
sought clarification of the appropriate
categorization on the proposed revised
Call Report balance sheet (Schedule RC)
13 See 82 FR 29158–29159 (June 27, 2017) for
complete descriptions of the proposed revisions to
these schedules.

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of equity securities with readily
determinable fair values that are bought
and sold on a regular basis, but are not
held with the intention of trading as this
term is defined in the agencies’ market
risk rules.14 The agencies note that, for
purposes of categorizing assets and
liabilities on the Call Report balance
sheet, they do not apply the trading
definition in the market risk rules.
Rather, the Call Report instructions state
that:
Trading activities typically include (a)
regularly underwriting or dealing in
securities; interest rate, foreign exchange rate,
commodity, equity, and credit derivative
contracts; other financial instruments; and
other assets for resale, (b) acquiring or taking
positions in such items principally for the
purpose of selling in the near term or
otherwise with the intent to resell in order
to profit from short-term price movements,
and (c) acquiring or taking positions in such
items as an accommodation to customers or
for other trading purposes.15

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Thus, when an institution’s holdings
of equity securities with readily
determinable fair values fall within the
scope of the preceding description of
trading activities, the equity securities
should be reported as trading assets in
Schedule RC, item 5. Otherwise, the
equity securities should be reported in
new item 2.c, ‘‘Equity securities with
readily determinable fair values not
held for trading.’’ The agencies will
modify the Call Report instructions to
make this distinction more clear.
One banking organization noted that
the proposal aligns the Call Report with
the new accounting standard for equity
investments, but it requested
clarification of the balance sheet
categorization of money market mutual
funds following the adoption of the
accounting standard. This organization
observed that the Securities and
Exchange Commission’s rules permit
such funds to be categorized as cash
equivalents in financial statements filed
with the Commission if appropriate
criteria are met. The organization asked
whether the agencies intended to permit
a similar categorization for Call Report
purposes. The Call Report does not
recognize cash equivalents as part of
‘‘Cash and balances due from depository
institutions,’’ as described in the
14 The market risk rules define a ‘‘trading
position’’ as a position held ‘‘for the purpose of
short-term resale or with the intent of benefiting
from actual or expected short-term price
movements, or to lock in arbitrage profits.’’ See 12
CFR 3.202 (OCC), 12 CFR 217.202 (Board), and 12
CFR 324.202 (FDIC).
15 See the instructions for Schedule RC, item 5,
‘‘Trading assets,’’ the General Instructions for
Schedule RC–D, Trading Assets and Liabilities, and
the Glossary entry for ‘‘Trading Account’’ in the
Call Report instructions.

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instructions for Schedule RC, item 1.
Thus, for Call Report purposes, an
institution that has adopted ASU 2016–
01 should report its investments in
money market mutual funds with
readily determinable fair values, which
are considered equity securities for
accounting purposes,16 in new Schedule
RC, item 2.c, provided these
investments are not held for trading (as
discussed above). The agencies also will
revise the Call Report instructions to
clarify the reporting of money market
mutual funds as equity securities, not as
cash.
The other banking organization
supported the proposed changes to the
income statement for reporting
unrealized holding gains (losses) on
equity securities not held for trading,
but recommended excluding unrealized
gains on equity securities from tier 1
capital for regulatory capital purposes as
is currently the case under today’s
accounting standards. The manner in
which unrealized gains on equity
securities are reported for regulatory
capital purposes in Call Report
Schedule RC–R depends entirely on
how these unrealized gains are treated
under the agencies’ regulatory capital
rules. After an institution adopts ASU
2016–01, unrealized gains on the
institution’s investments in equity
securities with readily determinable fair
values not held for trading will be
recognized in net income and, hence,
retained earnings. Because retained
earnings is a common equity tier 1
(CET1) capital element under the
agencies’ regulatory capital rules, the
operation of these rules will
automatically result in the inclusion of
all unrealized gains on such equity
securities in CET1 capital after an
institution’s adoption of ASU 2016–01.
Continuing to exclude unrealized gains
on equity securities with readily
determinable fair values not held for
trading from CET1 capital after the
adoption of ASU 2016–01 would require
revisions to the agencies’ regulatory
capital rules and is outside the scope of
the proposed equity securities reporting
changes in the Call Report.
This banking organization also
recommended retaining the existing
regulatory framework governing
investments in stock set forth in section
362.3 of the FDIC’s regulations (12 CFR
362.3) and the related information on
equity securities currently reported in
Call Report Schedule RC–B, Securities.
More specifically, under section
362.3(a) of the FDIC’s regulations, an
insured state bank may not ‘‘directly or
16 See FASB Accounting Standards Codification
paragraph 321–10–55–7.

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indirectly acquire or retain as principal
any equity investment of a type that is
not permissible for a national bank.’’
However, this regulation provides for
the grandfathering of certain
investments in equity securities by
insured state banks if certain conditions
are met, including approval by the
FDIC. The equity investments that are
authorized to be grandfathered are
common and preferred stock listed on a
national securities exchange and shares
of an investment company registered
under the Investment Company Act of
1940.17 However, the FDIC’s regulations
provide that an insured state bank’s
aggregate investment in these
authorized investments ‘‘shall in no
event exceed, when made, 100 percent
of the bank’s tier one capital’’ and that
‘‘[t]he lower of the bank’s cost as
determined in accordance with call
report instructions or the market value’’
of the authorized investments ‘‘shall be
used to determine compliance.’’ 18 At
present, the cost basis and fair value of
an insured state bank’s grandfathered
equity investments are included in the
amounts reported in available-for-sale
columns C and D, respectively, of Call
Report Schedule RC–B, item 7,
‘‘Investments in mutual funds and other
equity securities with readily
determinable fair values.’’ These two
Schedule RC–B items currently serve as
the starting point for assessing
compliance with the limit on
grandfathered equity investments at
those insured state banks that have
received FDIC approval to hold such
investments. However, in their June
2017 proposal, the agencies proposed to
remove item 7, columns C and D, from
Schedule RC–B effective December 31,
2020. From March 31, 2018, through
September 30, 2020, institutions that
have adopted ASU 2016–01 would leave
Schedule RC–B, item 7, columns C and
D, blank.19 The fair value of the
‘‘Investments in mutual funds and other
equity securities with readily
determinable fair values’’ that these
institutions had reported in Schedule
RC–B, item 7, column D, before
adopting ASU 2016–01 would instead
be reported in new item 2.c, ‘‘Equity
securities with readily determinable fair
values not held for trading,’’ on
Schedule RC, Balance Sheet. However,
under the June 2017 proposal, the cost
of the equity securities reported in
Schedule RC–B, item 7, column C, until
an institution’s adoption of ASU 2016–
17 12

CFR 362.3(a)(2)(iii)(A).
CFR 362.3(a)(2)(iii)(C).
19 During this period, only those institutions that
have not yet adopted ASU 2016–01 would complete
Schedule RC–B, item 7, columns C and D.
18 12

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01 would no longer be reported after the
institution’s adoption of this new
accounting standard because the
standard eliminates the existing concept
of available-for-sale equity securities.
Thus, the banking organization that
commented on the issue of
grandfathered equity investments
recommended the retention of the Call
Report data items used to measure
compliance with the aggregate
investment limit in these authorized
investments.
After considering this banking
organization’s recommendation as well
as the provisions of section 362.3(a) of
the FDIC’s regulations, the agencies
agree that, after its adoption of ASU
2016–01, an insured state bank that has
been approved to hold authorized
investments should continue to report
the cost of their holdings of equity
securities with readily determinable fair
values not held for trading, which such
an institution currently reports as
available-for-sale securities in column C
of Schedule RC–B, item 7. The
continued collection of this cost
information from insured state banks
with grandfathered equity investments
serves a long-term regulatory purpose by
aiding the supervisory staffs of the
agencies that supervise these insured
state banks in performing their ongoing
assessments of compliance with the
aggregate limit on such investments.
Accordingly, in place of Schedule RC–
B, item 7, column C, which would no
longer be applicable to institutions after
their adoption of ASU 2016–01, and
which would ultimately be removed
effective December 31, 2020, the
agencies would add a new item 4, ‘‘Cost
of equity securities with readily
determinable fair values not held for
trading,’’ to Schedule RC–M effective
March 31, 2018. The new Schedule RC–
M item would be completed only by
insured state banks that have adopted
ASU 2016–01 and have been approved
to hold grandfathered equity
investments. All other institutions
would leave new Schedule RC–M, item
4, blank. The equity securities for which
the cost would be reported in Schedule
RC–M, item 4, would be the same equity
securities for which institutions that
have adopted ASU 2016–01 would
report the fair value in new Schedule
RC, item 2.c.
In addition, as previously mentioned,
the agencies also received three
comments from banking organizations
regarding the burden associated with
Schedule RC–R, Regulatory Capital,
which is one of the schedules for which
several revisions related to equity
securities were proposed. In this regard,
a proposed change to this schedule was

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to add a new item 2.c, ‘‘Equity securities
with readily determinable fair values
not held for trading,’’ to Schedule RC–
R, Part II, Risk-Weighted Assets,
effective March 31, 2018. As proposed,
this new item would be completed only
by institutions that had adopted ASU
2016–01 and, for such institutions,
Schedule RC–R, Part II, item 2.b,
‘‘Available-for-sale securities,’’ should
include only debt securities. Effective
December 31, 2020, which is the
quarter-end report date as of which all
institutions would be required to have
adopted ASU 2016–01, the caption for
item 2.b would be revised to ‘‘Availablefor-sale debt securities.’’ These
proposed revisions correspond to the
changes the agencies proposed to make
to the categories of securities reported
on Schedule RC, Balance Sheet.
The commenters who addressed
Schedule RC–R recommended
simplifying and shortening the schedule
to reduce burden. After considering the
concerns expressed by commenters
about the burden of Schedule RC–R in
relation to the proposed revisions to this
schedule for equity securities, the
agencies have decided against adding a
new item 2.c to Part II of Schedule RC–
R. Instead, the agencies would retain the
existing risk-weighting reporting
process under which those equity
securities with readily determinable fair
values and debt securities currently
categorized as available-for-sale
securities are reported together in item
2.b of Schedule RC–R, Part II. To clarify
the scope of item 2.b for institutions that
have and have not adopted ASU 2016–
01, the agencies would change the
caption for item 2.b to ‘‘Available-forsale debt securities and equity securities
with readily determinable fair values
not held for trading’’ effective March 31,
2018.
All the other revisions to the reporting
of information on equity securities and
other equity investments proposed by
the agencies in response to the changes
in the accounting requirements for these
types of assets would be implemented
as described in Section III.D.2 of the
June 2017 proposal and would take
effect beginning as of March 31, 2018.20
IV. Timing
Subject to OMB approval, the
effective date for the implementation of
the revisions to the FFIEC 031, FFIEC
041, and FFIEC 051 to address the
change in accounting for equity
investments would be March 31, 2018.
However, the effective date for the
implementation of all other revisions
20 82

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described in this notice would be June
30, 2018.
The agencies originally proposed to
implement the revisions proposed in the
June 2017 notice, as well as those they
expected to propose based on their
evaluation of the responses to the third
and final portion of user surveys, as of
March 31, 2018. However, on November
8, 2017, the agencies proposed that the
effective date for the latter set of
changes would be the June 30, 2018,
report date.21 Commenters on the June
2017 and prior Call Report notices have
described the burden associated with
implementing frequent revisions to the
Call Report. Therefore, the agencies are
delaying the burden-reducing revisions
in this proposal until June 30, 2018, to
align with the target implementation of
the burden-reducing Call Report
revisions published on November 8,
2017. This way, institutions will only
need to adjust their reporting processes
for one combined set of revisions
effective for the June 30, 2018, Call
Report rather than separate sets of
revisions in March and June 2018.
However, ASU 2016–01 is effective for
public business entities for fiscal years
beginning after December 15, 2017,
including interim periods within those
fiscal years. This necessitates that the
proposed equity securities reporting
revisions be implemented in the Call
Report in the first quarter of 2018 so that
institutions required to, or electing to,
adopt the new accounting standard at
that time are able to report in
accordance with that standard in the
March 31, 2018, Call Report.
When implementing the burdenreducing Call Report revisions as of the
June 30, 2018, report date, institutions
may provide reasonable estimates for
any new or revised Call Report data
item initially required to be reported as
of that date for which the requested
information is not readily available. In
addition, as of the March 31, 2018,
report date or a subsequent report date
as of which an institution is required to,
or early elects to, initially report in
accordance with ASU 2016–01, the
institution may provide reasonable
estimates for any new or revised Call
Report data item affected by the equity
securities reporting changes for which
the requested information is not readily
available. The specific wording of the
captions for the new or revised Call
Report data items discussed in this
proposal and the numbering of these
data items is subject to change.
21 See

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Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
V. Request for Comment
Public comment is requested on all
aspects of this joint notice. Comment is
specifically invited on:
(a) Whether the proposed revisions to
the collections of information that are
the subject of this notice are necessary
for the proper performance of the
agencies’ functions, including whether
the information has practical utility;
(b) The accuracy of the agencies’
estimates of the burden of the
information collections as they are
proposed to be revised, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Comments submitted in response to
this joint notice will be shared among
the agencies. All comments will become
a matter of public record.

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Appendix A—Summary of the FFIEC
Member Entities’ Uses of the Data Items
in the Call Report Schedules in the
Portion of the User Surveys Evaluated
in the Development of This Proposal
Schedule RI–D (Income from Foreign Offices)
[FFIEC 031 only]
Schedule RI–D collects data on income
from foreign offices. Collectively, the data are
used in country and currency risk analyses
to monitor the level, trend, quality and
sustainability of the income component of
foreign offices. These data help support a
variety of examination activities that include,
but are not limited to, earnings and yield
analysis, asset securitizations, core
assessment, price risk, and trading. Quarterly
data also improve the off-site monitoring of
trading and asset management activities. Data
on investment banking, advisory, brokerage,
and underwriting fees and commissions are
used to track the global asset management
activities of institutions with foreign offices.
The global presence of these activities adds
to the complexity of the asset management
business conducted by financial institutions
and this information is continually
monitored to detect potential shifts in
business models. It also serves as one
component of measurement of the degree of
global interconnectedness and systemic risk.
Schedule RI–E (Explanations)
Schedule RI–E collects explanations for
items that significantly contribute to the total
amounts reported for other noninterest
income and other noninterest expense. Since
other noninterest income makes up almost

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half of total noninterest income and other
noninterest expense makes up approximately
40 percent of noninterest expense on an
aggregate basis for all filers of the Call Report,
data on the composition of each of these
income statement data items is essential to
understanding what is driving the level of
and changes over time in these data items at
individual institutions. The stratification of
the information in this schedule allows for
identification of potential unusual sources of
changes in earnings that affect trend
analyses. This information is particularly
important for identifying losses of an unusual
or nonrecurring nature when an institution is
in a stressed condition, which was evident
during the recent financial crisis. This
stratified noninterest income and expense
information continues to be critical in
understanding the causes of swings in an
institution’s profitability.
Schedule RI–E also collects descriptive
information on discontinued operations,
significant adjustments to the allowance for
loan and lease losses (ALLL), accounting
changes and error corrections, and certain
capital transactions with stockholders. These
data items provide the agencies and their
examiners better insight on factors driving
changes in net income and the ALLL (due to
sources other than provisions, charge-offs,
and recoveries), along with nonrecurring
types of changes in institutions’ equity
capital.
The detailed breakdown of components of
other noninterest income in excess of the
Schedule RI–E reporting threshold is
essential to the Consumer Financial
Protection Bureau’s (CFPB) understanding of
the viability of institutions’ offerings of
consumer services regulated by the CFPB.
This information provides unique insights
into institutions’ reliance on key revenue
streams that can impact consumer access to
and the availability of services. These
streams include bank and credit card
interchange, income and fees from automated
teller machines, and institution-described
components of other noninterest income.
This information also helps the CFPB
monitor trends in the consumer marketplace.
Similarly, the detailed breakdown of other
noninterest expense facilitates the CFPB’s
ability to conduct statutorily-required cost
analyses for rulemakings and other policy
endeavors.
Schedule RC–B (Securities)
Information collected on Schedule RC–B is
essential for assessment of liquidity risk,
market risk, interest rate risk, and credit risk.
Specifically, information on held-to-maturity,
available-for-sale, and pledged securities is
critical for analysis of the institution’s ability
to manage short-term financial obligations
without negatively impacting capital or
income (liquidity risk), and risk of loss due
to market movements (market risk). Maturity
and repricing information on debt securities
collected in the Memorandum items on
Schedule RC–B, together with the maturity
and repricing information collected in other
schedules for other types of assets and
liabilities, is critical for the assessment of the
risk to an institution from changes in interest
rates (interest rate risk), and also contributes

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to the evaluation of liquidity. Thus, the
maturity and repricing information collected
throughout the Call Report also aids in
evaluating the strategies institutions take to
mitigate liquidity and interest rate risks.
Liquidity and interest rate risk indicators that
are calculated by agency models from an
institution’s Call Report data and exceed
specified parameters or change significantly
between examinations are red flags that call
for timely examiner off-site review.
In this regard, the reported amount of debt
securities with a remaining maturity of one
year or less is a key input into the calculation
of an institution’s short-term assets that,
when analyzed in conjunction with non-core
funding data, can indicate the extent to
which the institution is relying on short-term
funding to fund longer-term assets, which
presents an exposure to liquidity risk.
Further, liquidity risk inputs into agency
models that vary by type of security provide
examiners the ability to customize and apply
liquidity stress tests. Extensive back testing
has shown that the liquidity risk inputs for
securities contain substantial forwardlooking information by which to ascertain the
likelihood that an institution would be able
to avoid significant liquidity problems in a
stressed environment.
As another example, agency models that
consider both the amortized cost and fair
value of held-to-maturity and available-forsale securities reported in Schedule RC–B are
used for off-site monitoring of interest rate
risk to identify individual institutions that
may be significantly exposed to rising
interest rates. Individual types of securities
from Schedule RC–B are grouped into major
categories for purposes of performing
duration-based analyses of potential
investment portfolio depreciation for both
severe and more moderate interest rate
increases. The Schedule RC–B data for these
groupings of securities, together with Call
Report data for other types of balance sheet
assets and liabilities, also serve as inputs to
quarterly duration-based estimates of
potential changes in fair values for the
overall balance sheet in response to various
forecasted interest rate changes. Outlier
institutions identified by these models are
the subject of prompt supervisory follow-up
to address their interest rate risk exposure.
The institution’s risk profile in these areas
is considered during pre-examination
planning to determine the appropriate
scoping and staffing for examinations. For
example, the quarterly reporting of the Call
Report information on held-to-maturity and
available-for-sale securities also aids in the
identification of low-risk areas prior to onsite examinations, allowing the agencies to
improve the allocation of their supervisory
resources and increase the efficiency of
supervisory assessments, which reduces the
scope of examinations in these areas, thereby
reducing regulatory burden.
Information on the amortized cost and fair
value of the securities portfolio allows for
measurement of depreciation/appreciation,
which is important for assessing the potential
impact that unrealized gains and losses may
have on earnings and liquidity. Unrealized
gains and losses on available-for-sale equity
securities and, for certain institutions,

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unrealized gains and losses on available-forsale debt securities are an integral input into
regulatory capital calculations. Furthermore,
because the amount of unrealized gains and
losses on both held-to-maturity and
available-for-sale debt securities is an
indicator of risk in the debt securities
portfolio, it also is a key factor in examiners’
qualitative assessments of capital adequacy.
Data showing significant depreciation in
specific types of securities not issued or
guaranteed by the U.S. government or its
agencies can signal an institution’s failure to
properly evaluate the existence of other-thantemporary impairments arising from credit
losses and other factors. Similarly, data on
year-to-date sales and transfers of held-tomaturity securities is a basis for off-site or onsite follow-up by examiners to determine
whether the reasons for these transactions are
acceptable under U.S. GAAP or have resulted
in the tainting of this securities portfolio. In
addition, the reporting of debt securities by
security type is important to identify
concentrations in higher risk types of
investments, which may have greater
liquidity and/or credit risk than other types
of securities. Information on investments in
securities issued by states and political
subdivisions in the United States is used by
many state regulatory agencies as a starting
point for monitoring compliance with certain
state municipal investment regulations. The
amortized cost and fair value of held-tomaturity and available-for-sale debt
securities, respectively, for certain types of
securities as well as the fair value of all U.S.
Treasury and U.S. Government agency
securities are used in the risk-based premium
deposit insurance pricing methodology for
large institutions and highly complex
institutions.
Schedule RC–D (Trading Assets and
Liabilities) [FFIEC 031 and FFIEC 041 only]
Schedule RC–D collects information on
trading activity from institutions with more
than a limited amount of trading assets in
recent quarters. Trading assets are segmented
into detailed securities and loan categories.
Trading liabilities separately cover liability
for short positions and other trading
liabilities. The schedule’s Memorandum
items request additional information,
including the unpaid principal balance of
loans and the fair value of structured
financial products and asset-backed
securities held for trading purposes.
The information contained in Schedule
RC–D is used to assess the overall
composition of the institution’s trading
portfolio and also provides detailed
information to evaluate the liquidity, credit,
and interest rate risk within the trading
portfolio, which impacts the overall risk
profile of the institution. Data on the types
of trading assets held by an institution—such
as U.S. Treasury securities versus structured
financial products versus commercial and
industrial loans, for example—serve as a
barometer of the relative levels of these risks
in the trading portfolio. Regarding liquidity
risk, the higher the level of more liquid assets
an institution has within its trading portfolio,
the more financial flexibility it has if faced
with uncertainties or unfavorable market

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conditions. If an institution has a low level
of liquid assets within its trading portfolio,
this impacts its ability to rapidly adjust its
holdings in response to adverse market
movements. Information on the volume and
composition of trading assets and how it has
changed over recent quarters also can
provide insight into an institution’s trading
strategies and its views on market trends. The
assessment of trading portfolio composition
and risks enters into pre-examination
planning to determine the appropriate
scoping and staffing for examinations of
institutions engaged in trading activities.
Furthermore, data on securities and loans
held for trading are combined with data on
securities and loans held for investment, as
reported in Schedule RC–B and Schedule
RC–C, Part I, to benchmark weekly loan and
security data collected by the Board from a
sample of both small and large institutions.
These weekly data are used to estimate
weekly measures of extension of credit for
the banking sector as a whole to provide a
more timely input for purposes of monitoring
the macroeconomy.
Information on mortgage-backed securities
and mortgage loans held for trading assisted
the CFPB’s efforts to develop required
estimates for various Title XIV mortgage
reform rulemakings under the Dodd-Frank
Wall Street Reform and Consumer Protection
Act (Pub. L. 111–203). Going forward, data
items from this schedule and Schedules RC–
B and RC–C, Part I, are critical for continuous
monitoring of the mortgage market. The
CFPB uses these items to understand the
intricacies of the mortgage market that are
essential to assessing institutional
participation in regulated consumer financial
services markets and to assess regulatory
impact associated with recent and proposed
policies, as required by that agency’s
statutory mandate.
Schedule RC–K (Quarterly Averages)
Average quarterly asset and liability
information is essential to the ability of the
FFIEC member entities to more appropriately
evaluate the performance of individual
institutions. Quarterly average data from
Schedule RC–K also provide important
information at the industry level for policy
review at FFIEC member entities.
The average data reported in Schedule RC–
K are used in conjunction with income and
expense information from Schedule RI to
calculate yields and costs for the
corresponding categories of assets and
liabilities. These ratios are presented in the
Uniform Bank Performance Report (UBPR)
where they are used as a tool by examiners,
both on- and off-site, to monitor and evaluate
trends related to an institution’s earnings and
capital. These ratios also help the agencies
identify trends across the banking industry.
Important ratios derived from quarterly
average data include, but are not limited to,
earnings ratios (e.g., return on average assets,
overhead ratio, and net interest margin) and
the leverage capital ratio.
The granularity of the data in Schedule
RC–K assists in analyzing performance
within a bank’s asset and liability portfolios.
Quarterly average balances allow for better
analyses of trends in the composition of an

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institution’s assets and liabilities than is
possible from comparisons of quarter-end
data, which may be affected by fluctuations
related to seasonality or abnormal levels of
activity at period-end. The detailed average
data used to calculate the yield on specific
types of interest-earning assets helps
examination teams understand the impact of
credit quality on the earnings performance of
particular loan portfolios. Where an
institution’s yields on particular types of
loans exceed those of its peers, this warrants
examiner scrutiny to determine whether this
outcome is a result of the institution’s
origination or purchase of lower credit
quality loans. In addition, the data on the
cost of funds by funding type is important in
assessing the funding mix at the institution
level for oversight purposes. Higher costs for
particular types of deposits or other liabilities
compared to these costs at an institution’s
peers also warrants examiner review to
determine whether the institution is making
greater use of more volatile non-core funding
sources. The yield on interest-earning assets
and cost of funds also gives insight into the
effectiveness of an institution’s plans and
initiatives related to asset/liability mix,
liquidity, and interest rate risk strategies and
their resulting impact on earnings. These
performance ratios are essential to the
consideration of an institution’s earnings
during pre-examination planning to
determine the appropriate scoping of this
area, particularly because earnings is
evaluated and rated as part of the CAMELS
rating system.22
Schedule RC–L (Derivatives and Off-BalanceSheet Items)
Schedule RC–L provides data on offbalance sheet assets and liabilities as well as
derivatives contracts. The quarterly reporting
of all off-balance sheet items in the Call
Report is required by law (12 U.S.C.
1831n(a)(3)(C)). The most recent financial
crisis emphasized the importance of
identifying and monitoring significant
exposures arising from any contingent or offbalance sheet liabilities and the effect of
these exposures on an institution’s overall
risk profile. The granular data on
components of off-balance sheet items, as
well as derivatives data, assist the banking
agencies in ensuring the safety and
soundness of financial institutions through
both off-site and on-site monitoring of a
variety of potential risks. These risks include,
but are not limited to, liquidity risk, credit
risk, interest rate risk, and foreign exchange
risk. The data on Schedule RC–L also is
essential for the examination scoping
process, which begins during preexamination planning. The data offer insight
into outliers and exceptions, which provide
information to examiners on areas on which
to focus during their on-site examinations.
The data on Schedule RC–L on the FFIEC
031 and FFIEC 041 are useful in determining
22 CAMELS is an acronym that represents the
ratings from six essential components of an
institution’s financial condition and operations:
Capital adequacy, asset quality, management,
earnings, liquidity, and sensitivity to market risk.
These components represent the primary areas
evaluated by examiners during examinations of
institutions.

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an institution’s potential exposure to losses
from derivatives activities. It is also useful in
identifying the extent to which an institution
may be engaging in hedging strategies that
will affect its future earnings prospects. An
excessive and/or inappropriate credit
derivative position could have a substantial
and immediate detrimental impact to an
institution’s liquidity, interest rate risk,
earnings, or capital adequacy. For
institutions with material volumes of
derivatives as reported on Schedule RC–L,
examiners can assess whether the
institution’s management has the appropriate
expertise and policies in place to manage and
control the risks associated with its
derivatives activities and whether the
institution’s capital levels are commensurate
with its risk exposure. This is particularly
true with respect to interest rate derivatives,
which are the most widely held derivatives,
and are commonly used in the management
of interest rate risk. Schedule RC–L provides
a granular perspective about the types of
interest rate contracts an institution has
entered into, which helps an examiner focus
on assessing how effectively management
uses the various types of interest rate
contracts in its derivatives portfolio to hedge
its exposure to interest rate risk. Also,
examiners investigate fluctuations in the fair
values of an institution’s holdings of
derivatives to determine if there are changes
in the institution’s risk appetite as set by the
board of directors and implemented by
management.
The unused commitments information on
Schedule RC–L is essential to examiners,
especially during periods of financial distress
when borrowers rely increasingly on drawing
down their lines of credit and unused
commitments as a source of funding. The
unused commitments data enable examiners
to identify whether growth in unused
commitments over time is at a manageable
level and permit assessments of the potential
impact, if such commitments are funded, on
the credit quality of the related loan
categories, as well as on the liquidity and on
the capital position of an institution. Also,
institutions may have a concentration in a
particular loan category, which may not be
readily apparent from balance sheet data
until unused commitments to borrowers in
this category are actually funded, which
dictates that examiners consider the reported
amounts on unused commitments by loan
category to ensure they identify and assess
the concentration risk. Financial and
performance standby letters of credit also
present liquidity and credit risk
considerations for examiners, which also
may be greater during periods of financial
distress when the counterparties may be
more likely to fail to perform as required
under the terms of the underlying contract.
The derivatives information on Schedule
RC–L is also one of the primary sources that
feeds into a derivatives quarterly report that
is used to report on bank trading and
derivatives activities. This public report
issued by the OCC helps the banking
agencies’ on-site examiners at the largest
banks to continuously evaluate the credit,
market, operational, reputation, and
compliance risks of bank derivatives
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Schedule RC–M (Memoranda)
Schedule RC–M collects various types of
information. Section 7(k) of the Federal
Deposit Insurance Act (12 U.S.C. 1817(k))
authorizes the federal banking agencies to
require the reporting and public disclosure of
information concerning extensions of credit
by an institution to its executive officers and
principal shareholders and their related
interests. The Board’s Regulation O (12 CFR
215), which has been made applicable to all
institutions, imposes an aggregate lending
limit on extensions of credit to insiders
(executive officers, directors, principal
shareholders, and their related interests) and,
in general, requires an institution to make
available the names of its executive officers
and principal shareholders to whom the
institution had outstanding as of the end of
the latest previous quarter aggregate
extensions of credit that, when aggregated
with all other outstanding extensions of
credit to such person and their related
interests, equaled or exceeded the lesser of 5
percent of capital and unimpaired surplus or
$500,000. The data collected in Schedule
RC–M on extensions of credit to the reporting
institution’s insiders generally align with
these requirements and assist the agencies in
monitoring compliance with the insider
lending regulations between examinations
and determining whether supervisory followup is warranted when material increases in
insider lending are identified.
Because identifiable intangible assets are
deducted from regulatory capital or are
subject to regulatory capital limits and
deducted amounts are not risk weighted, the
reporting of these amounts aids in validating
an institution’s regulatory capital
calculations in Schedule RC–R. In addition to
their treatment under the regulatory capital
rules, mortgage servicing assets in particular
are complex in nature and present liquidity
risk and interest rate risk and their value is
affected by the credit risk of the underlying
serviced assets. Mortgage servicing assets
also contribute to the level of an institution’s
mortgage prepayment exposure. When the
level of this exposure rises above a specified
benchmark at an individual institution, this
exposure may warrant additional attention by
examiners between examinations and
necessitate greater scrutiny of management’s
prepayment assumptions in its own interest
rate risk model during examinations or
visitations.
The components of other real estate owned
are needed to monitor asset quality trends at
individual institutions and industry-wide,
including when coupled with the past due
and nonaccrual data for loans secured by the
same type of property from Schedule RC–N.
The component information may provide
insight into the market conditions affecting
the segments of the real estate market in the
institution’s trade area, including possible
deteriorating conditions.
Maturity and repricing information on
other borrowed money, together with the
maturity and repricing information collected
in other schedules for other types of assets
and liabilities, is needed to evaluate liquidity
and interest rate risk to the institution, and
to aid in evaluating the strategies institutions
take to mitigate these risks. Liquidity and

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interest rate risk indicators that are
calculated by agency models from an
institution’s Call Report data and exceed
specified parameters or change significantly
between examinations are red flags that call
for timely examiner attention. Data on certain
secured liabilities also are used in the
assessment of institutions’ liquidity
positions. Increases in the relative volume of
secured versus unsecured liabilities may
signal that an institution is encountering
difficulties in rolling over unsecured
borrowings due to deterioration in its
condition, which would call for supervisory
follow-up when identified between
examinations.
Information on mutual funds and
annuities, bank websites with transactional
capability, certain trustee and custodial
activities, and captive insurance subsidiaries,
is used to identify institutions engaged in
these activities, some of which are not typical
activities for community banks. If an
institution begins to report that it engages in
one or more of these activities or reports a
significant increase in assets tied to an
activity between examinations, this may
indicate the need for examiner follow-up to
assess the institution’s expertise and
management of these activities. An
institution’s involvement in these activities
may also affect the staffing and scoping of
examinations, particularly for activities for
which compliance with applicable laws and
regulations must be evaluated during
examinations. The reporting of an
institution’s internet websites and trade
names supports the FDIC’s ability to serve as
an information resource for insured
institutions by responding to inquiries from
the public with the most current information
concerning the insured status of the
institution behind an internet website or a
physical branch office that uses a trade name.
For Qualified Thrift Lenders (QTL) subject
to 12 U.S.C. 1467a(c), reporting of QTL test
information assists the agencies in timely
identifying thrift institutions that need to
take action to remain in compliance, or that
fail to comply and become subject to certain
restrictions. International remittance
transfers data by type are needed annually to
monitor compliance with regulatory
requirements (12 CFR 1005.30, et seq.).
Different types of transfers pose different
consumer protection concerns and
information of transfer activity aids in the
monitoring of the evolution of this market,
and how institutions diversify remittance
offerings beyond wire transfers.
Schedule RC–R (Regulatory Capital)
Schedule RC–R collects information about
an institution’s capital. Part I (Regulatory
Capital Components and Ratios) collects
information about the types and amounts of
capital instruments and the leverage and riskbased capital ratios. Part II (Risk-Weighted
Assets) collects additional information about
types of assets on an institution’s balance
sheet and certain off-balance sheet items to
use in computing the risk-based capital
ratios.
Each federal banking agency is required to
establish a leverage limit and risk-based
capital requirement for insured depository

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institutions under 12 U.S.C. 1831o and to
monitor compliance with those requirements.
The agencies implemented the capital
requirements in their regulatory capital rules
(12 CFR part 3 for OCC; 12 CFR part 217 for
the Board; 12 CFR part 324 for the FDIC) and
the compliance requirements in their prompt
corrective action rules (12 CFR part 6 for
OCC; 12 CFR part 208, subpart D for the
Board; 12 CFR 324, Subpart H for the FDIC).
The capital rules recognize three types of
capital instruments: CET–1, Additional Tier
1, and Tier 2 capital. The total of each type
on Schedule RC–R, Part I, includes all
potential adjustments to each component as
allowed under the capital rules. The capital
rules also provide for a calculation of riskweighted assets, which consists of assigning
a risk-weight to every asset on an
institution’s balance sheet that is not
deducted from capital, as well as to certain
off-balance sheet items. Schedule RC–R, Part
II, includes all of the fields necessary to
properly calculate an institution’s riskweighted asset amount. Finally, the results of
the calculation of capital instrument amounts
and risk-weighted assets are used to calculate
risk-based and leverage capital ratios on
Schedule RC–R, Part I. The agencies need to
be able to monitor compliance with the
capital rules and prompt corrective action
provisions no less frequently than quarterly.
In addition to using the resulting capital
ratios to determine an institution’s status
under 12 U.S.C. 1831o and the banking

agencies’ prompt corrective action
regulations, the FFIEC member entities use
the regulatory capital information for other
purposes. The calculation of Tier 1 capital at
quarter-end flows into the amount of average
tangible equity for the calendar quarter that
institutions report in Schedule RC–O, which
is used in the measurement of institutions’
assessment bases for deposit insurance
purposes. The Tier 1 leverage ratio is one of
the inputs into the calculation of deposit
insurance assessment rates for small
institutions and Tier 1 capital is a commonly
used input when calculating these rates for
large and highly complex institutions.
Capital adequacy is rated in an institution’s
on-site examination as the C of the CAMELS
component ratings, and the information
provided on Schedule RC–R helps examiners
evaluate and rate that component. It is also
used in the off-site monitoring process, and
is important in reviewing the risk profile and
viability of a financial institution. For
example, the ratio of risk-weighted assets to
unweighted assets has been found to provide
an informative forward-looking signal
regarding an institution’s risk posture. The
information provided on Schedule RC–R also
is used in deciding whether to approve an
18-month examination cycle for a specific
institution and in reviewing merger
applications.
Information on specific sub-components of
regulatory capital is useful as well. For
example, the amounts of unrealized gains

and losses on securities that flow into
regulatory capital provide an indication of an
institution’s interest rate and market risk.
Information on the risk weighting of assets
and off-balance sheet items provides insight
into management’s risk tolerance and the
institution’s risk to the deposit insurance
fund. The risk-weighted asset composition
information and risk-based capital ratios that
flow into the UBPR are helpful to examiners
when reviewing Reports of Examination and
to establish a peer group average for
comparison when evaluating changes in
these items. The risk-weighted asset
composition information also assists
examiners in evaluating the reasons for
changes in total risk-weighted assets over
time at individual institutions. The
derivatives exposure items reported in the
Memoranda section of Schedule RC–R, Part
II, provide a key insight into the notional
principal amounts of both cleared and overthe-counter derivatives in the banking
system, in addition to being inputs into the
calculation for risk-weighted assets.

Appendix B—FFIEC 051: To be
completed by banks with domestic
offices only and total assets less than $1
billion
Data Items Removed, Other Impacts to Data
Items, Data Items With a Reduction in
Frequency of Collection, or Data Items with
an Increase in Reporting Threshold

sradovich on DSK3GMQ082PROD with NOTICES

DATA ITEMS REMOVED
Schedule

Item

Item name

RI .....................
RI .....................

5.d.(1) .....................................
5.d.(2) .....................................

RI .....................
RI .....................

5.d.(3) .....................................
5.d.(4) .....................................

RI .....................

5.d.(5) .....................................

RI .....................
RI .....................

5.g ...........................................
M1 ...........................................

RI–B, Part II .....

M4 ...........................................

RI–E .................

1.f ............................................

RI–E .................
RC ....................

1.h ...........................................
10.a .........................................

RC ....................

10.b .........................................

Fees and commissions from securities brokerage .................
Investment banking, advisory, and underwriting fees and
commissions.
Note: Items 5.d.(1) and 5.d.(2) of Schedule RI will be combined into one data item.
Fees and commissions from annuity sales .............................
Underwriting income from insurance and reinsurance activities.
Income from other insurance activities ...................................
Note: Items 5.d.(3), 5.d.(4), and 5.d.(5) of Schedule RI will
be combined into one data item.
Net securitization income ........................................................
Interest expense incurred to carry tax-exempt securities,
loans, and leases acquired after August 7, 1986, that is
not deductible for federal income tax purposes.
Amount of allowance for post-acquisition credit losses on
purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of
Position 03–3).
Net change in the fair values of financial instruments accounted for under a fair value option.
Gains on bargain purchases ...................................................
Goodwill ...................................................................................
Note: Schedule RC, item 10.a will be moved to Schedule
RC–M, new item 2.b.
Other intangible assets (from Schedule RC–M).
Note: Items 10.a and 10.b of Schedule RC will be combined
into one data item.
U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government agencies
(Columns A through D).
U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government-sponsored
agencies (Columns A through D).
Note: Items 2.a and 2.b of Schedule RC–B will be combined
into one data item (Columns A through D).

RC–B ...............

2.a ...........................................

RC–B ...............

2.b ...........................................

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MDRM No.

08JAN1

RIADC886.
RIADC888.

RIADC887.
RIADC386.
RIADC387.
RIADB493.
RIAD4513.
RIADC781.

RIADF229.
RIADJ447.
RCON3163.

RCON0426.
RCON1289, RCON1290,
RCON1291, RCON1293.
RCON1294, RCON1295,
RCON1297, RCON1298.

951

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
DATA ITEMS REMOVED—Continued
Schedule

Item

Item name

RC–B ...............

5.b.(1) .....................................

Structured financial products: Cash (Columns A through D).

RC–B ...............

5.b.(2) .....................................

RC–B ...............

5.b.(3) .....................................

Structured financial products: Synthetic (Columns A through
D).
Structured financial products: Hybrid (Columns A through D).

RC–B ...............

M6.a ........................................

RC–B ...............

M6.b ........................................

RC–B ...............

M6.c ........................................

RC–B ...............

M6.d ........................................

RC–B ...............

M6.e ........................................

RC–B ...............

M6.f .........................................

RC–B ...............

M6.g ........................................

RC–K ...............
RC–L ................
RC–L ................
RC–L ................
RC–M ...............

7 ..............................................
1.b.(1) .....................................
1.b.(2) .....................................
1.d ...........................................
2.b ...........................................
.................................................

RC–M ...............

3.f ............................................
.................................................

MDRM No.

Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B
will be combined into one line item (Columns A through
D).
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D).
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real
estate investment trusts (Columns A through D).
Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A
through D).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises
(GSEs) (Columns A through D).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or
guaranteed by GSEs (Columns A through D).
Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D).
Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D).
Trading assets .........................................................................
Unused consumer credit card lines ........................................
Other unused credit card lines ................................................
Unused commitments: Securities underwriting .......................
Purchased credit card relationships and nonmortgage servicing assets.
Note: Amounts reported in item 2.b will be included in item
2.c, All other identifiable intangible assets.
Foreclosed properties from ‘‘GNMA loans’’ ............................
Note: Amounts reported in item 3.f will be included in item
3.c, Other real estate owned: 1–4 family residential properties.

RCONG336, RCONG337,
RCONG338, RCONG339.
RCONG340, RCONG341,
RCONG342, RCONG343.
RCONG344, RCONG345,
RCONG346, RCONG347.

RCONG348, RCONG349,
RCONG350, RCONG351.
RCONG352, RCONG353,
RCONG354, RCONG355.
RCONG356, RCONG357,
RCONG358, RCONG359.
RCONG360, RCONG361,
RCONG362, RCONG363.
RCONG364, RCONG365,
RCONG366, RCONG367.
RCONG368, RCONG369,
RCONG370, RCONG371.
RCONG372, RCONG373,
RCONG374, RCONG375.
RCON3401.
RCONJ455.
RCONJ456.
RCON3817.
RCONB026.

RCONC979.

sradovich on DSK3GMQ082PROD with NOTICES

OTHER IMPACTS TO DATA ITEMS
Schedule

Item

Item name

RI .....................

5.d.(1) (New) ..........................

RI .....................

5.d.(2) (New) ..........................

RC ....................

10 (New) .................................

RC–B ...............

2 (New) ...................................

RC–B ...............

5.b (New) ................................

RC–M ...............

2.b (Re-mapping) ...................

Fees and commissions from securities brokerage, investment banking, advisory, and underwriting activities.
Note: Items 5.d.(1) and 5.d.(2) of Schedule RI removed
above will be combined into this data item.
Income from insurance activities (includes underwriting income from insurance and reinsurance activities).
Note: Items 5.d.(3), 5.d.(4), and 5.d.(5) of Schedule RI removed above will be combined into this data item.
Intangible assets (from Schedule RC–M) ...............................
Note: Items 10.a and 10.b of Schedule RC removed above
will be combined into this data item.
U.S. Government agency and sponsored agency obligations
(exclude mortgage-backed securities (Columns A through
D).
Note: Items 2.a and 2.b of Schedule RC–B removed above
will be combined into this data item (Columns A through
D).
Structured financial products (Columns A through D) ............
Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B
removed above will be combined into this line item (Columns A through D).
Goodwill ...................................................................................

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MDRM No.

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To be determined (TBD).

TBD.

RCON2143.
TBD (4 MDRMs).

TBD (4 MDRMs).

RCON3163.

952

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
OTHER IMPACTS TO DATA ITEMS—Continued

Schedule

Item

Item name

MDRM No.

Note: Schedule RC, item 10.a will be moved to Schedule
RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M,
item 2.

Data Items With a Reduction in Frequency
of Collection

SEMIANNUAL REPORTING
[June 30 and December 31]
Schedule

Item

Item name

MDRM No.

RC–B ...............

M3 ...........................................

RC–C, Part I ....

M7.a ........................................

RC–C, Part I ....

M7.b ........................................

RC–C, Part I ....

M8.a ........................................

RC–C, Part I ....

M12 .........................................

RC–L ................

11.a .........................................

RC–L ................

11.b .........................................

RC–N ...............

M7 ...........................................

RC–N ...............

M8 ...........................................

RC–N ...............

M9.a ........................................

RC–N ...............

M9.b ........................................

Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the
calendar year-to-date.
Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance.
Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30:
Amount included in Schedule RC–C, Part I, items 1
through 9.
Total amount of closed-end loans with negative amortization
features secured by 1–4 family residential properties.
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year (Columns A through C).
Year-to-date merchant credit card sales volume: Sales for
which the reporting bank is the acquiring bank.
Year-to-date merchant credit card sales volume: Sales for
which the reporting bank is the agent bank with risk.
Additions to nonaccrual assets during the quarter .................
Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months.’’
Nonaccrual assets sold during the quarter .............................
Note: This caption would be revised to ‘‘Nonaccrual assets
sold during the last 6 months.’’
Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of
Position 03–3): Outstanding balance (Columns A through
C).
Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of
Position 03–3): Amount included in Schedule RC–N, items
1 through 7, above (Columns A through C).

RCON1778.
RCONC779.
RCONC780.

RCONF230.
RCONGW45, RCONGW46,
RCONGW47.

RCONC223.
RCONC224.
RCONC410.

RCONC411.

RCONL183, RCONL184,
RCONL185.
RCONL186, RCONL187,
RCONL188.

ANNUAL REPORTING

sradovich on DSK3GMQ082PROD with NOTICES

[December 31]
Schedule

Item

Item name

RI–E .................

1.a through 1.l ........................

Other noninterest income (from Schedule RI, item 5.l) ..........

RI–E .................

2.a through 2.p .......................

Other noninterest expense (from Schedule RI, item 7.d) .......

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MDRM No.

08JAN1

RIADC013, RIADC014,
RIADC016, RIAD4042,
RIADC015, RIADF555,
RIADT047, RIAD4461,
RIAD4462, RIAD4463.
RIADC017, RIAD0497,
RIAD4136, RIADC018,
RIAD8403, RIAD4141,
RIAD4146, RIADF556,
RIADF557, RIADF558,
RIADF559, RIADY923,
RIADY924, RIAD4464,
RIAD4467, RIAD4468.

953

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices

DATA ITEMS WITH AN INCREASE IN REPORTING THRESHOLD
[To be completed by banks with components of other noninterest income in amounts greater than $100,000 that exceed 7 percent of Schedule
RI, item 5.l]
Schedule

Item

Item name

MDRM No.

RI–E .................

1.a through 1.l ........................

Other noninterest income (from Schedule RI, item 5.l) ..........

RIADC013, RIADC014,
RIADC016, RIAD4042,
RIADC015, RIADF555,
RIADT047, RIAD4461,
RIAD4462, RIAD4463.

[To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that exceed 7 percent of Schedule
RI, item 7.d]
Schedule

Item

Item name

MDRM No.

RI–E .................

2.a through 2.p .......................

Other noninterest expense (from Schedule RI, item 7.d) .......

RIADC017, RIAD0497,
RIAD4136, RIADC018,
RIAD8403, RIAD4141,
RIAD4146, RIADF556,
RIADF557, RIADF558,
RIADF559, RIADY923,
RIADY924, RIAD4464,
RIAD4467, RIAD4468.

Appendix C—FFIEC 041: To Be
Completed by Banks With Domestic
Offices Only and Consolidated Total
Assets Less Than $100 Billion
Data Items Removed, Other Impacts to Data
Items, Data Items With a Reduction in
Frequency of Collection, or Data Items With
an Increase in Reporting Threshold

DATA ITEMS REMOVED
Schedule

Item

Item name

.....................
.....................
.....................
.....................
.....................
.....................

M8.a ........................................
M8.b ........................................
M8.c ........................................
M8.d ........................................
M8.e ........................................
M8.f.(1) ...................................

RI .....................

M8.f.(2) ...................................

RI .....................

M8.g.(1) ..................................

RI .....................

M8.g.(2) ..................................

RI .....................

M8.h ........................................

RI–E .................

1.f ............................................

RI–E .................
RC ....................

1.h ...........................................
10.a .........................................

RC ....................

10.b .........................................

Trading revenue from interest rate exposures ........................
Trading revenue from foreign exchange exposures ...............
Trading revenue from equity security and index exposures ...
Trading revenue from commodity and other exposures .........
Trading revenue from credit exposures ..................................
Impact on trading revenue of changes in the creditworthiness of the bank’s derivatives counterparties on the
bank’s derivative assets: Gross credit valuation adjustment (CVA).
Impact on trading revenue of changes in the creditworthiness of the bank’s derivatives counterparties on the
bank’s derivative assets: CVA hedge.
Impact on trading revenue of changes in the creditworthiness of the bank on the bank’s derivative liabilities: Gross
debit valuation adjustment (DVA).
Impact on trading revenue of changes in the creditworthiness of the bank on the bank’s derivative liabilities: DVA
hedge.
Gross trading revenue before including positive or negative
net CVA and net DVA.
Net change in the fair values of financial instruments accounted for under a fair value option.
Gains on bargain purchases ...................................................
Goodwill ...................................................................................
Note: Schedule RC, item 10.a will be moved to Schedule
RC–M, new item 2.b.
Other intangible assets (from Schedule RC–M) .....................
Note: Items 10.a and 10.b of Schedule RC will be combined
into one data item.

sradovich on DSK3GMQ082PROD with NOTICES

RI
RI
RI
RI
RI
RI

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MDRM No.

08JAN1

RIAD8757.
RIAD8758.
RIAD8759.
RIAD8760.
RIADF186.
RIADFT36.

RIADFT37.

RIADFT38.

RIADFT39.

RIADFT40.
RIADF229.
RIADJ447.
RCON3163.

RCON0426.

954

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices

sradovich on DSK3GMQ082PROD with NOTICES

DATA ITEMS REMOVED—Continued
Schedule

Item

Item name

RC–B ...............

2.a ...........................................

RC–B ...............

2.b ...........................................

RC–B ...............

5.b.(1) .....................................

U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government agencies
(Columns A through D).
U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government-sponsored
agencies (Columns A through D).
Note: Items 2.a and 2.b of Schedule RC–B will be combined
into one data item (Columns A through D).
Structured financial products: Cash (Columns A through D).

RC–B ...............

5.b.(2) .....................................

RC–B ...............

5.b.(3) .....................................

RC–D ...............
RC–D ...............
RC–D ...............

5.a.(1) .....................................
5.a.(2) .....................................
5.a.(3) .....................................

RC–D ...............
RC–D ...............
RC–D ...............

6.a.(1) .....................................
6.a.(2) .....................................
6.a.(3)(a) .................................

RC–D ...............

6.a.(3)(b)(1) ............................

RC–D ...............

6.a.(3)(b)(2) ............................

RC–D ...............

6.a.(4) .....................................

RC–D ...............

6.a.(5) .....................................

RC–D ...............

6.c.(1) .....................................

RC–D ...............

6.c.(2) .....................................

RC–D ...............

6.c.(3) .....................................

RC–D ...............

6.c.(4) .....................................

RC–D ...............

M1.a.(1) ..................................

RC–D ...............

M1.a.(2) ..................................

RC–D ...............

M1.a.(3)(a) ..............................

RC–D ...............

M1.a.(3)(b)(1) .........................

RC–D ...............

M1.a.(3)(b)(2) .........................

RC–D ...............

M1.a.(4) ..................................

RC–D ...............

M1.a.(5) ..................................

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MDRM No.

Structured financial products: Synthetic (Columns A through
D).
Structured financial products: Hybrid (Columns A through D).
Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B
will be combined into one data item.
Structured financial products: Cash ........................................
Structured financial products: Synthetic ..................................
Structured financial products: Hybrid ......................................
Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D
will be combined into one data item.
Construction, land development, and other land loans ..........
Loans secured by farmland .....................................................
Revolving, open-end loans secured by 1–4 family residential
properties and extended under lines of credit.
Closed-end loans secured by 1–4 family residential properties: Secured by first liens.
Closed-end loans secured by 1–4 family residential properties: Secured by junior liens.
Loans secured by multifamily (5 or more) residential properties.
Loans secured by nonfarm nonresidential properties .............
Note: Items 6.a.(1), 6.a.(2), 6.a.(3)(a), 6.a.(3)(b)(1),
6.a.(3)(b)(2), 6.a.(4), and 6.a.(5) of Schedule RC–D will be
replaced by two data items: (1) Loans secured by 1–4
family residential properties, and (2) All other loans secured by real estate.
Loans to individuals for household, family, and other personal expenditures: Credit cards.
Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans.
Loans to individuals for household, family, and other personal expenditures: Automobile loans.
Loans to individuals for household, family, and other personal expenditures: Other consumer loans.
Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule
RC–D will be combined into one data item.
Unpaid principal balance of loans measured at fair value:
Construction, land development, and other land loans.
Unpaid principal balance of loans measured at fair value:
Loans secured by farmland.
Unpaid principal balance of loans measured at fair value:
Revolving, open-end loans secured by 1–4 family residential properties and extended under lines of credit.
Unpaid principal balance of loans measured at fair value:
Closed-end loans secured by 1–4 family residential properties: Secured by first liens.
Unpaid principal balance of loans measured at fair value:
Closed-end loans secured by 1–4 family residential properties: Secured by junior liens.
Unpaid principal balance of loans measured at fair value:
Loans secured by multifamily (5 or more) residential properties.
Unpaid principal balance of loans measured at fair value:
Loans secured by nonfarm nonresidential properties.
Note: Items M1.a.(1), M1.a.(2), M1.a.(3)(a), M1.a.(3)(b)(1),
M1.a.(3)(b)(2), M1.a.(4), and M1.a.(5) of Schedule RC–D
will be replaced by two data items: (1) Unpaid principal
balance of loans measured at fair value: Loans secured
by 1–4 family residential properties, and (2) Unpaid principal balance of loans measured at fair value: All other
loans secured by real estate.

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08JAN1

RCON1289, RCON1290,
RCON1291, RCON1293.
RCON1294, RCON1295,
RCON1297, RCON1298.

RCONG336, RCONG337,
RCONG338, RCONG339.
RCONG340, RCONG341,
RCONG342, RCONG343.
RCONG344, RCONG345,
RCONG346, RCONG347.
RCONG383.
RCONG384.
RCONG385.
RCONF604.
RCONF605.
RCONF606.
RCONF607.
RCONF611.
RCONF612.
RCONF613.

RCONF615.
RCONF616.
RCONK199.
RCONK210.

RCONF625.
RCONF626.
RCONF627.
RCONF628.
RCONF629.
RCONF630.
RCONF631.

955

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices

sradovich on DSK3GMQ082PROD with NOTICES

DATA ITEMS REMOVED—Continued
Schedule

Item

Item name

RC–D ...............

M1.c.(1) ..................................

RC–D ...............

M1.c.(2) ..................................

RC–D ...............

M1.c.(3) ..................................

RC–D ...............

M1.c.(4) ..................................

RC–D ...............

M2.a ........................................

RC–D ...............

M2.b ........................................

RC–D ...............

M3.a ........................................

RC–D ...............

M3.b ........................................

RC–D ...............

M3.c ........................................

RC–D ...............

M3.d ........................................

RC–D ...............

M3.e ........................................

RC–D ...............

M3.f .........................................

RC–D ...............

M3.g ........................................

RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D

...............
...............
...............
...............
...............
...............
...............
...............
...............
...............
...............
...............
...............

M4.a ........................................
M4.b ........................................
M5.a ........................................
M5.b ........................................
M5.c ........................................
M5.d ........................................
M5.e ........................................
M5.f .........................................
M6 ...........................................
M7.a ........................................
M7.b ........................................
M8 ...........................................
M9 ...........................................

Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Credit cards.
Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans.
Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Automobile loans.
Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Other consumer loans.
Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of
Schedule RC–D will be combined into one data item.
Loans measured at fair value that are past due 90 days or
more: Fair value.
Loans measured at fair value that are past due 90 days or
more: Unpaid principal balance.
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions.
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real
estate investment trusts.
Structured financial products by underlying collateral or reference assets: Corporate and similar loans.
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises
(GSEs).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or
guaranteed by GSEs.
Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products.
Structured financial products by underlying collateral or reference assets: Other collateral or reference assets.
Pledged trading assets: Pledged securities ............................
Pledged trading assets: Pledged loans ..................................
Asset-backed securities: Credit card receivables ...................
Asset-backed securities: Home equity lines ...........................
Asset-backed securities: Automobile loans ............................
Asset-backed securities: Other consumer loans ....................
Asset-backed securities: Commercial and industrial loans ....
Asset-backed securities: Other ...............................................
Retained beneficial interests in securitizations .......................
Equity securities: Readily determinable fair values ................
Equity securities: Other ...........................................................
Loans pending securitization ...................................................
Other trading assets ................................................................

RC–D ...............

M10 .........................................

Other trading liabilities .............................................................

RC–L ................

1.a.(1) .....................................

RC–L ................

1.a.(2) .....................................

RC–L ................
RC–L ................

8 ..............................................
16.a .........................................

RC–L ................

16.b.(1) ...................................

RC–L ................

16.b.(2) ...................................

RC–L ................

16.b.(3) ...................................

Unused commitments for Home Equity Conversion Mortgage
(HECM) reverse mortgages outstanding that are held for
investment.
Unused commitments for proprietary reverse mortgages outstanding that are held for investment.
Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L will be
combined into one data item.
Spot foreign exchange contracts ............................................
Over-the-counter derivatives: Net current credit exposure
(Columns B, C, and D).
Over-the-counter derivatives: Fair value of collateral: Cash—
U.S. dollar (Columns B, C, and D).
Over-the-counter derivatives: Fair value of collateral: Cash—
Other currencies (Columns B, C, and D).
Over-the-counter derivatives: Fair value of collateral: U.S.
Treasury securities (Columns B, C, and D).

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MDRM No.

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RCONF633.
RCONF634.
RCONK200.
RCONK211.

RCONF639.
RCONF640.
RCONG299.

RCONG332.
RCONG333.
RCONG334.

RCONG335.
RCONG651.
RCONG652.
RCONG387.
RCONG388.
RCONF643.
RCONF644.
RCONF645.
RCONF646.
RCONF647.
RCONF648.
RCONF651.
RCONF652.
RCONF653.
RCONF654.
RCONF655, RCONF656,
RCONF657.
RCONF658, RCONF659,
RCONF660.
RCONJ477.
RCONJ478.

RCON8765.
RCONG419, RCONG420,
RCONG421.
RCONG424, RCONG425,
RCONG426.
RCONG429, RCONG430,
RCONG431.
RCONG434, RCONG435,
RCONG436.

956

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
DATA ITEMS REMOVED—Continued

Schedule

Item

Item name

MDRM No.

RC–L ................

16.b.(4) ...................................

RC–L ................

16.b.(5) ...................................

Over-the-counter derivatives: Fair value of collateral: U.S.
Government agency and U.S. Government-sponsored
agency debt securities (Columns A, B, C, D, and E).
Over-the-counter derivatives: Fair value of collateral: Corporate bonds (Columns A, B, C, D, and E).

RC–L ................

16.b.(6) ...................................

Over-the-counter derivatives: Fair value of collateral: Equity
securities (Columns A, B, C, D, and E).

RC–L ................

16.b.(7) ...................................

RC–L ................

16.b.(8) ...................................

RC–M ...............

2.b ...........................................

RC–M ...............

3.f ............................................

Over-the-counter derivatives: Fair value of collateral: All
other collateral (Columns B, C, and D).
Note: Amounts reported in items 16.b.(4), 16.b.(5), and
16.b.(6), Columns A and E, will be included in item
16.b.(7), Columns A and E.
Over-the-counter derivatives: Fair value of collateral: Total
fair value of collateral (Columns B, C, and D).
Note: Amounts reported in items 16.a, 16.b.(1), 16.b.(2),
16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), and 16.b.(7), Columns
B, C, and D, will be included in items 16.a, 16.b.(1),
16.b.(2), 16.b.(3), and 16.b.(7), Column E.
Purchased credit card relationships and nonmortgage servicing assets.
Note: Amounts reported in item 2.b will be included in item
2.c, All other identifiable intangible assets.
Foreclosed properties from ’’GNMA loans’’ ............................
Note: Amounts reported in item 3.f will be included in item
3.c, Other real estate owned: 1–4 family residential properties.

RCONG438, RCONG439,
RCONG440, RCONG441,
RCONG442
RCONG443, RCONG444,
RCONG445, RCONG446,
RCONG447.
RCONG448, RCONG449,
RCONG450, RCONG451,
RCONG452.
RCONG454, RCONG455
RCONG456.

RCONG459, RCONG460
RCONG461.

RCONB026.

RCONC979.

sradovich on DSK3GMQ082PROD with NOTICES

OTHER IMPACTS TO DATA ITEMS
Schedule

Item

Item name

RC ....................

10 (New) .................................

RC–B ...............

2 (New) ...................................

RC–B ...............

5.b (New) ................................

RC–D ...............

5.a (New) ................................

RC–D ...............

6.a.(1) (New) ..........................

RC–D ...............

6.a.(2) (New) ..........................

RC–D ...............

6.c (New) ................................

RC–D ...............

M1.a.(1) (New) .......................

RC–D ...............

M1.a.(2) (New) .......................

Intangible assets .....................................................................
Note: Items 10.a and 10.b of Schedule RC will be combined
into this data item.
U.S. Government agency and sponsored agency obligations
(exclude mortgage-backed securities (Columns A through
D).
Note: Items 2.a and 2.b of Schedule RC–B removed above
will be combined into this data item (Columns A through
D).
Structured financial products (Columns A through D) ............
Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B
removed above will be combined into this data item (Columns A through D).
Structured financial products ...................................................
Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D
removed above will be combined into this data item.
Loans secured by 1–4 family residential properties ...............
Note: Items 6.a.(3)(a), 6.a.(3)(b)(1), and 6.a.(3)(b)(2) of
Schedule RC–D removed above will be combined into this
data item.
All other loans secured by real estate ....................................
Note: Items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) of Schedule
RC–D removed above will be combined into this data item.
Loans to individuals for household, family and other personal expenditures (i.e., consumer loans) (includes purchased paper).
Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule
RC–D removed above will be combined into this data item.
Unpaid principal balance of loans measured at fair value:
Loans secured by 1–4 family residential properties.
Note: Items M1.a.(3)(a), M1.a.(3)(b)(1), and M1.a.(3)(b)(2) of
Schedule RC–D removed above will be combined into this
data item.
Unpaid principal balance of loans measured at fair value: All
other loans secured by real estate.
Note: Items M1.a.(1), M1.a.(2), M1.a.(4), and M1.a.(5) of
Schedule RC–D removed above will be combined into this
data item.

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MDRM No.

08JAN1

RCON2143.
TBD (4 MDRMs).

TBD (4 MDRMs).

TBD.
TBD.

TBD.
TBD.

TBD.

TBD.

957

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
OTHER IMPACTS TO DATA ITEMS—Continued
Schedule

Item

Item name

MDRM No.

RC–D ...............

M1.c (New) .............................

RC–L ................

1.a.(1) (New) ..........................

RC–M ...............

2.b (Re-mapping) ...................

Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures.
Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of
Schedule RC–D removed above will be combined into this
data item.
Unused commitments for reverse mortgages outstanding
that are held for investment.
Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L removed
above will be combined into this data item.
Goodwill ...................................................................................
Note: Schedule RC, item 10.a will be moved to Schedule
RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M,
item 2.

TBD.

TBD.

RCON3163.

Data Items With a Reduction in Frequency
of Collection

SEMIANNUAL REPORTING

sradovich on DSK3GMQ082PROD with NOTICES

[June 30 and December 31]
Schedule

Item

Item name

RI .....................

M12 .........................................

RC–B ...............

M3 ...........................................

RC–C, Part I ....

M7.a ........................................

RC–C, Part I ....

M7.b ........................................

RC–C, Part I ....

M8.a ........................................

RC–C, Part I ....

M8.b ........................................

RC–C, Part I ....

M8.c ........................................

RC–C, Part I ....

M12.a ......................................

RC–C, Part I ....

M12.b ......................................

RC–C, Part I ....

M12.c ......................................

RC–C, Part I ....

M12.d ......................................

RC–L ................
RC–L ................

1.b.(1) .....................................
1.b.(2) .....................................

Noncash income from negative amortization on closed-end
loans secured by 1–4 family residential properties.
Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the
calendar year-to-date.
Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance.
Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30:
Amount included in Schedule RC–C, Part I, items 1
through 9.
Total amount of closed-end loans with negative amortization
features secured by 1–4 family residential properties.
Total maximum remaining amount of negative amortization
contractually permitted on closed-end loans secured by 1–
4 family residential properties.
Total amount of negative amortization on closed-end loans
secured by 1–4 family residential properties included in
the amount reported in Memorandum item 8.a above.
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: Loans secured by real estate (Columns A through
C).
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: Commercial and industrial loans (Columns A through
C).
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: Loans to individuals for household, family, and other
personal expenditures (Columns A through C).
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: All other loans and all leases (Columns A through C).
Unused consumer credit card lines ........................................
Other unused credit card lines ................................................

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MDRM No.

08JAN1

RIADF228.
RCON1778.
RCONC779.
RCONC780.

RCONF230.
RCONF231.
RCONF232.

RCONG091, RCONG092,
RCONG093.

RCONG094, RCONG095,
RCONG096.

RCONG097, RCONG098,
RCONG099.

RCONG100, RCONG101,
RCONG102.

RCONJ455.
RCONJ456.

958

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
SEMIANNUAL REPORTING—Continued
[June 30 and December 31]

Schedule

Item

Item name

MDRM No.

RC–L ................

11.a .........................................

RC–L ................

11.b .........................................

RC–N ...............

M7 ...........................................

RC–N ...............

M8 ...........................................

RC–N ...............

M9.a ........................................

RC–N ...............

M9.b ........................................

Year-to-date merchant credit card sales volume: Sales for
which the reporting bank is the acquiring bank.
Year-to-date merchant credit card sales volume: Sales for
which the reporting bank is the agent bank with risk.
Additions to nonaccrual assets during the quarter .................
Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months’’.
Nonaccrual assets sold during the quarter .............................
Note: This caption would be revised to ’’Nonaccrual assets
sold during the last 6 months’’.
Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of
Position 03–3): Outstanding balance (Columns A through
C).
Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of
Position 03–3): Amount included in Schedule RC–N, items
1 through 7, above (Columns A through C).

RCONC223.
RCONC224.
RCONC410.
RCONC411.
RCONL183, RCONL184,
RCONL185.
RCONL186, RCONL187,
RCONL188.

ANNUAL REPORTING
[December]
Schedule

Item

Item name

RC–M ...............

9 ..............................................

RC–M ...............
RC–M ...............

14.a .........................................
14.b .........................................

Do any of the bank’s internet websites have transactional
capability, i.e., allow the bank’s customers to execute
transactions on their accounts through the website?
Total assets of captive insurance subsidiaries .......................
Total assets of captive reinsurance subsidiaries ....................

Data Items With an Increase in Reporting
Threshold
Schedule RC–D is to be completed by
banks that reported total trading assets of $10

million or more in any of the four preceding
calendar quarters and all banks meeting the
FDIC’s definition of a large or highly complex

MDRM No.
RCON4088.
RCONK193.
RCONK194.

institution for deposit insurance assessment
purposes.

sradovich on DSK3GMQ082PROD with NOTICES

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL ASSETS
Schedule

Item

Item name

RC–B ...............

M5.a ........................................

RC–B ...............

M5.b ........................................

RC–B ...............

M5.c ........................................

RC–B ...............

M5.d ........................................

RC–B ...............

M5.e ........................................

RC–B ...............

M5.f .........................................

Asset-backed securities: Credit card receivables (Columns
A, B, C, and D).
Asset-backed securities: Home equity lines (Columns A, B,
C, and D).
Asset-backed securities: Automobile loans (Columns A, B,
C, and D).
Asset-backed securities: Other consumer loans (Columns A,
B, C, and D).
Asset-backed securities: Commercial and industrial loans
(Columns A, B, C, and D).
Asset-backed securities: Other (Columns A, B, C, and D) ....

RC–B ...............

M6.a ........................................

RC–B ...............

M6.b ........................................

RC–B ...............

M6.c ........................................

RC–B ...............

M6.d ........................................

RC–B ...............

M6.e ........................................

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Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D).
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real
estate investment trusts (Columns A through D).
Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A
through D).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises
(GSEs) (Columns A through D).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or
guaranteed by GSEs (Columns A through D).

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08JAN1

RCONB838, RCONB839,
RCONB840, RCONB841.
RCONB842, RCONB843,
RCONB844, RCONB845.
RCONB846, RCONB847,
RCONB848, RCONB849.
RCONB850, RCONB851,
RCONB852, RCONB853.
RCONB854, RCONB855,
RCONB856, RCONB857.
RCONB858, RCONB859,
RCONB860, RCONB861.
RCONG348, RCONG349,
RCONG350, RCONG351.
RCONG352, RCONG353,
RCONG354, RCONG355.
RCONG356, RCONG357,
RCONG358, RCONG359.
RCONG360, RCONG361,
RCONG362, RCONG363.
RCONG364, RCONG365,
RCONG366, RCONG367.

959

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL ASSETS—Continued
Schedule

Item

Item name

MDRM No.

RC–B ...............

M6.f .........................................

RC–B ...............

M6.g ........................................

Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D).
Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D).

RCONG368, RCONG369,
RCONG370, RCONG371.
RCONG372, RCONG373,
RCONG374, RCONG375.

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST INCOME IN AMOUNTS GREATER THAN
$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 5.L
Schedule

Item

Item name

MDRM No.

RI–E .................

1.a through 1.l ........................

Other noninterest income (from Schedule RI, item 5.l) ..........

RIADC013, RIADC014,
RIADC016, RIAD4042,
RIADC015, RIADF555,
RIADT047, RIAD4461,
RIAD4462, RIAD4463.

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST EXPENSE IN AMOUNTS GREATER THAN
$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 7.D
Schedule

Item

Item name

MDRM No.

RI–E .................

2.a through 2.p .......................

Other noninterest expense (from Schedule RI, item 7.d) .......

RIADC017, RIAD0497,
RIAD4136, RIADC018,
RIAD8403, RIAD4141,
RIAD4146, RIADF556,
RIADF557, RIADF558,
RIADF559, RIADY923,
RIADY924, RIAD4464,
RIAD4467, RIAD4468.

TO BE COMPLETED BY BANKS WITH TOTAL TRADING ASSETS OF $10 MILLION OR MORE IN ANY OF THE FOUR PRECEDING
CALENDAR QUARTERS AND ALL BANKS MEETING THE FDIC’S DEFINITION OF A LARGE OR HIGHLY COMPLEX INSTITUTION FOR DEPOSIT INSURANCE ASSESSMENT PURPOSES
Schedule

Item

Item name

MDRM No.

RC–K ...............

7 ..............................................

Trading assets .........................................................................

RCON3401.

Appendix D—FFIEC 031: To Be
Completed by Banks With Domestic
and Foreign Offices and Banks With
Domestic Offices Only and
Consolidated Total Assets of $100
Billion or More
Data Items Removed, Other Impacts to Data
Items, Data Items With a Reduction in
Frequency of Collection, or Data Items with
an Increase in Reporting Threshold

sradovich on DSK3GMQ082PROD with NOTICES

DATA ITEMS REMOVED
Schedule

Item

Item name

RI–E .................

1.f ............................................

RI–E .................
RC ....................

1.h ...........................................
10.a .........................................

RC ....................

10.b .........................................

Net change in the fair values of financial instruments accounted for under a fair value option.
Gains on bargain purchases ...................................................
Goodwill ...................................................................................
Note: Schedule RC, item 10.a will be moved to Schedule
RC–M, new item 2.b.
Other intangible assets ...........................................................
Note: Items 10.a and 10.b of Schedule RC will be combined
into one data item.

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MDRM No.

08JAN1

RIADF229.
RIADJ447.
RCFD3163.

RCFD0426.

960

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices

sradovich on DSK3GMQ082PROD with NOTICES

DATA ITEMS REMOVED—Continued
Schedule

Item

Item name

RC–B ...............

2.a ...........................................

RC–B ...............

2.b ...........................................

RC–B ...............

5.b.(1) .....................................

U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government agencies
(Columns A through D).
U.S. Government agency obligations (exclude mortgagebacked securities): Issued by U.S. Government-sponsored
agencies (Columns A through D).
Note: Items 2.a and 2.b of Schedule RC–B will be combined
into one data item.
Structured financial products: Cash (Columns A through D).

RC–B ...............

5.b.(2) .....................................

RC–B ...............

5.b.(3) .....................................

RC–D ...............

All data items reported in Column B, ‘‘Domestic offices’’.

RC–D ...............
RC–D ...............
RC–D ...............

5.a.(1) .....................................
5.a.(2) .....................................
5.a.(3) .....................................

RC–D ...............
RC–D ...............

6.a ...........................................
6.c.(1) .....................................

RC–D ...............

6.c.(2) .....................................

RC–D ...............

6.c.(3) .....................................

RC–D ...............

6.c.(4) .....................................

RC–D ...............

M1.a ........................................

RC–D ...............

M1.c.(1) ..................................

RC–D ...............

M1.c.(2) ..................................

VerDate Sep<11>2014

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Structured financial products: Synthetic (Columns A through
D).
Structured financial products: Hybrid (Columns A through D).
Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B
will be combined into one data item.
Column B, ‘‘Domestic offices’’ Note: Data items 6.a.(1)
through 6.a.(5), Column B, will be combined into two data
items to be collected for the consolidated bank in Column
A, which will replace data item 6.a, Column A. In addition,
data items M1.a.(1) through M1.a.(5), Column B, will be
combined into two data items to be collected for the consolidated bank in Column A, which will replace data item
M.1.a, Column A. Data items 12 and 15, Column B, will
be moved to Schedule RC–H, new items 19 and 20. Data
items 6.a.(1) through 6.d, Column B, will be combined into
one data item and moved to Schedule RC–H, new item
21.

Structured financial products: Cash (Column A) ....................
Structured financial products: Synthetic (Column A) ..............
Structured financial products: Hybrid (Column A) ..................
Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D,
Column A, will be combined into one data item.
Loans secured by real estate (Column A) ..............................
Loans to individuals for household, family, and other personal expenditures: Credit cards (Column A).
Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans (Column
A).
Loans to individuals for household, family, and other personal expenditures: Automobile loans (Column A).
Loans to individuals for household, family, and other personal expenditures: Other consumer loans.
Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule
RC–D, Column A, will be combined into one data item.
Unpaid principal balance of loans measured at fair value:
Loans secured by real estate (Column A).
Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Credit cards (Column A).
Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans (Column
A).

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08JAN1

RCFD1289, RCFD1290,
RCFD1291, RCFD1293.
RCFD1294, RCFD1295,
RCFD1297, RCFD1298.

RCFDG336, RCFDG337,
RCFDG338, RCFDG339.
RCFDG340, RCFDG341,
RCFDG342, RCFDG343.
RCFDG344, RCFDG345,
RCFDG346, RCFDG347.

RCON3531, RCON3532,
RCON3533, RCONG379,
RCONG380, RCONG381,
RCONK197, RCONK198,
RCONG383, RCONG384,
RCONG385, RCONG386,
RCONF604, RCONF605,
RCONF606, RCONF607,
RCONF611, RCONF612,
RCONF613, RCONF614,
RCONF615, RCONF616,
RCONK199, RCONK210,
RCONF618, RCON3541,
RCON3543, RCON3545,
RCON3546, RCONF624,
RCON3547, RCON3548,
RCONF625, RCONF626,
RCONF627, RCONF628,
RCONF629, RCONF630,
RCONF631, RCONF632,
RCONF633, RCONF634,
RCONK200, RCONK211,
RCONF636, RCONF639,
RCONF640, RCONG299,
RCONG332, RCONG333,
RCONG334, RCONG335,
RCONG651, RCONG652,
RCONG387, RCONG388.
RCFDG383.
RCFDG384.
RCFDG385.

RCFDF610.
RCFDF615.
RCFDF616.

RCFDK199.
RCFDK210.

RCFDF790.
RCFDF633.

RCFDF634.

961

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
DATA ITEMS REMOVED—Continued
Schedule

Item

Item name

MDRM No.

RC–D ...............

M1.c.(3) ..................................

RC–D ...............

M1.c.(4) ..................................

RC–D ...............
RC–L ................

M6 ...........................................
1.a.(1) .....................................

RC–L ................

1.a.(2) .....................................

RC–L ................

16.a .........................................

RC–L ................

16.b.(1) ...................................

RC–L ................

16.b.(2) ...................................

RC–L ................

16.b.(3) ...................................

RC–L ................

16.b.(4) ...................................

RC–L ................

16.b.(5) ...................................

RC–L ................

16.b.(6) ...................................

RC–L ................

16.b.(7) ...................................

RC–L ................

16.b.(8) ...................................

RC–M ...............

2.b ...........................................

RC–M ...............

3.f ............................................

Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Automobile loans (Column A).
Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures: Other consumer loans (Column A).
Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of
Schedule RC–D, Column A, will be combined into one
data item.
Retained beneficial interests in securitizations .......................
Unused commitments for Home Equity Conversion Mortgage
(HECM) reverse mortgages outstanding that are held for
investment.
Unused commitments for proprietary reverse mortgages outstanding that are held for investment.
Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L will be
combined into one data item.
Over-the-counter derivatives: Net current credit exposure
(Column B).
Over-the-counter derivatives: Fair value of collateral: Cash—
U.S. dollar (Column B).
Over-the-counter derivatives: Fair value of collateral: Cash—
Other currencies (Column B).
Over-the-counter derivatives: Fair value of collateral: U.S.
Treasury securities (Column B).
Over-the-counter derivatives: Fair value of collateral: U.S.
Government agency and U.S. Government-sponsored
agency debt securities (Column B).
Over-the-counter derivatives: Fair value of collateral: Corporate bonds (Column B).
Over-the-counter derivatives: Fair value of collateral: Equity
securities (Column B).
Over-the-counter derivatives: Fair value of collateral: All
other collateral (Column B).
Over-the-counter derivatives: Fair value of collateral: Total
fair value of collateral (Column B).
Note: Amounts reported in items 16.a, 16.b.(1), 16.b.(2),
16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), 16.b.(7), and 16.b.(8),
Column B, will be included in items 16.a, 16.b.(1),
16.b.(2), 16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), 16.b.(7), and
16.b.(8), Column E.
Purchased credit card relationships and nonmortgage servicing assets.
Note: Amounts reported in item 2.b will be included in item
2.c, All other identifiable intangible assets.
Foreclosed properties from ‘‘GNMA loans’’ ............................
Note: Amounts reported in item 3.f will be included in item
3.c, Other real estate owned: 1–4 family residential properties.

RCFDK200.
RCFDK211.

RCFDF651.
RCONJ477.
RCONJ478.

RCFDG419.
RCFDG424.
RCFDG429.
RCFDG434.
RCFDG439.
RCFDG444.
RCFDG449.
RCFDG454.
RCFDG459.

RCFDB026.

RCONC979.

sradovich on DSK3GMQ082PROD with NOTICES

OTHER IMPACTS TO DATA ITEMS
Schedule

Item

Item name

RC ....................

10 (New) .................................

RC–B ...............

2 (New) ...................................

RC–B ...............

5.b (New) ................................

RC–D ...............

5.a (New) ................................

Intangible assets .....................................................................
Note: Items 10.a and 10.b of Schedule RC will be combined
into this data item.
U.S. Government agency and sponsored agency obligations
(exclude mortgage-backed securities) (Columns A through
D).
Note: Items 2.a and 2.b of Schedule RC–B removed above
will be combined into this data item (Columns A through
D).
Structured financial products (Columns A through D) ............
Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B
removed above will be combined into this data item (Columns A through D).
Structured financial products ...................................................
Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D,
Column A, removed above will be combined into this data
item.

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MDRM No.

08JAN1

RCFD2143.
TBD (4 MDRMs).

TBD (4 MDRMs).

TBD.

962

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
OTHER IMPACTS TO DATA ITEMS—Continued

Schedule

Item

Item name

MDRM No.

RC–D ...............

6.a.(1) (New) ..........................

RC–D ...............

6.a.(2) (New) ..........................

RC–D ...............

6.c (New) ................................

RC–D ...............

M1.a.(1) (New) .......................

RC–D ...............

M1.a.(2) (New) .......................

RC–D ...............

M1.c (New) .............................

RC–H ...............

19 (Re-mapping) ....................

RC–H ...............

20 (Re-mapping) ....................

RC–H ...............

21 (New) .................................

RC–L ................

1.a (New) ................................

RC–M ...............

2.b (Re-mapping) ...................

Loans secured by 1–4 family residential properties ...............
Note: Items 6.a.(3)(a), 6.a.(3)(b)(1), and 6.a.(3)(b)(2) of
Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item 6.a, Column A.
All other loans secured by real estate ....................................
Note: Items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) of Schedule
RC–D, Column B, removed above will be combined into
this data item for the consolidated bank in Column A,
which will partially replace item 6.a, Column A.
Loans to individuals for household, family and other personal expenditures (i.e., consumer loans) (includes purchased paper).
Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule
RC–D removed above will be combined into this data item.
Unpaid principal balance of loans measured at fair value:
Loans secured by 1–4 family residential properties.
Note: Items M1.a.(3)(a), M1.a.(3)(b)(1), and M1.a.(3)(b)(2) of
Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item M.1.a, Column A.
Unpaid principal balance of loans measured at fair value: All
other loans secured by real estate.
Note: Items M1.a.(1), M1.a.(2), M1.a.(4), and M1.a.(5) of
Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item M.1.a, Column A.
Unpaid principal balance of loans measured at fair value:
Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper).
Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of
Schedule RC–D, Column A, removed above will be combined into this data item.
Total trading assets .................................................................
Note: Schedule RC–D, item 12, Column B, will be moved to
Schedule RC–H, item 19. The proposed threshold change
applicable to Schedule RC–D applies to this item.
Total trading liabilities ..............................................................
Note: Schedule RC–D, item 15, Column B, will be moved to
Schedule RC–H, item 20. The proposed threshold change
applicable to Schedule RC–D applies to this item.
Total loans held for trading .....................................................
Note: The proposed threshold change applicable to Schedule RC–D applies to this item.
Unused commitments for reverse mortgages outstanding
that are held for investment.
Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L removed
above will be combined into this data item.
Goodwill ...................................................................................
Note: Schedule RC, item 10.a will be moved to Schedule
RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M,
item 2.

TBD.

TBD.

TBD.

TBD.

TBD.

TBD.

RCON3545.

RCON3548.

TBD.
TBD.

RCFD3163.

Data Items With a Reduction in Frequency
of Collection

SEMIANNUAL REPORTING
sradovich on DSK3GMQ082PROD with NOTICES

[June 30 and December 31]
Schedule

Item

Item name

RI .....................

M12 .........................................

RC–B ...............

M3 ...........................................

Noncash income from negative amortization on closed-end
loans secured by 1–4 family residential properties.
Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the
calendar year-to-date.

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MDRM No.

08JAN1

RIADF228.
RCFD1778.

963

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
SEMIANNUAL REPORTING—Continued

sradovich on DSK3GMQ082PROD with NOTICES

[June 30 and December 31]
Schedule

Item

Item name

MDRM No.

RC–C, Part I ....

M7.a ........................................

RC–C, Part I ....

M7.b ........................................

RC–C, Part I ....

M8.a ........................................

RC–C, Part I ....

M8.b ........................................

RC–C, Part I ....

M8.c ........................................

RC–C, Part I ....

M12.a ......................................

RC–C, Part I ....

M12.b ......................................

RC–C, Part I ....

M12.c ......................................

RC–C, Part I ....

M12.d ......................................

RC–L ................
RC–L ................
RC–L ................

1.b.(1) .....................................
1.b.(2) .....................................
11.a .........................................

RC–L ................

11.b .........................................

RC–N ...............

M7 ...........................................

RC–N ...............

M8 ...........................................

RC–N ...............

M9.a ........................................

RC–N ...............

M9.b ........................................

Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance.
Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30:
Amount included in Schedule RC–C, Part I, items 1
through 9.
Total amount of closed-end loans with negative amortization
features secured by 1–4 family residential properties.
Total maximum remaining amount of negative amortization
contractually permitted on closed-end loans secured by 1–
4 family residential properties.
Total amount of negative amortization on closed-end loans
secured by 1–4 family residential properties included in
the amount reported in Memorandum item 8.a above.
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: Loans secured by real estate (Columns A through
C).
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: Commercial and industrial loans (Columns A through
C).
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: Loans to individuals for household, family, and other
personal expenditures (Columns A through C).
Loans (not subject to the requirements of FASB ASC 310–
30 (former AICPA Statement of Position 03–3)) and
leases held for investment that were acquired in business
combinations with acquisition dates in the current calendar
year: All other loans and all leases (Columns A through C).
Unused consumer credit card lines ........................................
Other unused credit card lines ................................................
Year-to-date merchant credit card sales volume: Sales for
which the reporting bank is the acquiring bank.
Year-to-date merchant credit card sales volume: Sales for
which the reporting bank is the agent bank with risk.
Additions to nonaccrual assets during the quarter .................
Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months.’’
Nonaccrual assets sold during the quarter .............................
Note: This caption would be revised to ’’Nonaccrual assets
sold during the last 6 months.’’
Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of
Position 03–3): Outstanding balance (Columns A through
C).
Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of
Position 03–3): Amount included in Schedule RC–N, items
1 through 7, above (Columns A through C).

RCFDC779.
RCFDC780.

RCONF230.
RCONF231.

RCONF232.
RCFDG091, RCFDG092,
RCFDG093.

RCFDG094, RCFDG095,
RCFDG096.

RCFDG097, RCFDG098,
RCFDG099.

RCFDG100, RCFDG101,
RCFDG102.

RCFDJ455.
RCFDJ456.
RCFDC223.
RCFDC224.
RCFDC410.

RCFDC411.
RCFDL183, RCFDL184,
RCFDL185.
RCFDL186, RCFDL187,
RCFDL188.

ANNUAL REPORTING
[December]
Schedule

Item

Item name

RC–M ...............

9 ..............................................

RC–M ...............

14.a .........................................

Do any of the bank’s Internet websites have transactional
capability, i.e., allow the bank’s customers to execute
transactions on their accounts through the website?
Total assets of captive insurance subsidiaries .......................

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MDRM No.

08JAN1

RCFD4088.
RCFDK193.

964

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
ANNUAL REPORTING—Continued
[December]

Schedule

Item

Item name

RC–M ...............

14.b .........................................

Total assets of captive reinsurance subsidiaries ....................

Data Items With an Increase in Reporting
Threshold
Schedule RI–D is to be completed by banks
with foreign offices (including Edge or
Agreement subsidiaries and International
Banking Facilities) and $10 billion or more

in total assets where foreign office revenues,
assets, or net income exceed 10 percent of
consolidated total revenues, total assets, or
net income.
Schedule RC–D is to be completed by
banks that reported total trading assets of $10

MDRM No.
RCFDK194.

million or more in any of the four preceding
calendar quarters and all banks meeting the
FDIC’s definition of a large or highly complex
institution for deposit insurance assessment
purposes.

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL ASSETS
Schedule

Item

Item name

MDRM No.

RC–B ...............

M5.a ........................................

RC–B ...............

M5.b ........................................

RC–B ...............

M5.c ........................................

RC–B ...............

M5.d ........................................

RC–B ...............

M5.e ........................................

RC–B ...............

M5.f .........................................

Asset-backed securities: Credit card receivables (Columns
A, B, C, and D).
Asset-backed securities: Home equity lines (Columns A, B,
C, and D).
Asset-backed securities: Automobile loans (Columns A, B,
C, and D).
Asset-backed securities: Other consumer loans (Columns A,
B, C, and D).
Asset-backed securities: Commercial and industrial loans
(Columns A, B, C, and D).
Asset-backed securities: Other (Columns A, B, C, and D) ....

RC–B ...............

M6.a ........................................

RC–B ...............

M6.b ........................................

RC–B ...............

M6.c ........................................

RC–B ...............

M6.d ........................................

RC–B ...............

M6.e ........................................

RC–B ...............

M6.f .........................................

RC–B ...............

M6.g ........................................

Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D).
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real
estate investment trusts (Columns A through D).
Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A
through D).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises
(GSEs) (Columns A through D).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or
guaranteed by GSEs (Columns A through D).
Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D).
Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D).

RCFDB838, RCFDB839,
RCFDB840, RCFDB841.
RCFDB842, RCFDB843,
RCFDB844, RCFDB845.
RCFDB846, RCFDB847,
RCFDB848, RCFDB849.
RCFDB850, RCFDB851,
RCFDB852, RCFDB853.
RCFDB854, RCFDB855,
RCFDB856, RCFDB857.
RCFDB858, RCFDB859,
RCFDB860, RCFDB861.
RCFDG348, RCFDG349,
RCFDG350, RCFDG351.
RCFDG352, RCFDG353,
RCFDG354, RCFDG355.
RCFDG356, RCFDG357,
RCFDG358, RCFDG359.
RCFDG360, RCFDG361,
RCFDG362, RCFDG363.

RCFDG364, RCFDG365,
RCFDG366, RCFDG367.
RCFDG368, RCFDG369,
RCFDG370, RCFDG371.
RCFDG372, RCFDG373,
RCFDG374, RCFDG375.

sradovich on DSK3GMQ082PROD with NOTICES

TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL TRADING ASSETS
Schedule

Item

Item name

RC–D ...............

M2.a ........................................

RC–D ...............

M2.b ........................................

RC–D ...............

M3.a ........................................

RC–D ...............

M3.b ........................................

RC–D ...............

M3.c ........................................

Loans measured at fair value that are past due 90 days or
more: Fair value (Column A).
Loans measured at fair value that are past due 90 days or
more: Unpaid principal balance (Column A).
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Column A).
Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real
estate investment trusts (Column A).
Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Column A).

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MDRM No.

08JAN1

RCFDF639.
RCFDF640.
RCFDG299.

RCFDG332.

RCFDG333.

965

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices
TO BE COMPLETED BY BANKS WITH $10 BILLION OR MORE IN TOTAL TRADING ASSETS—Continued
Schedule

Item

Item name

MDRM No.

RC–D ...............

M3.d ........................................

RC–D ...............

M3.e ........................................

RC–D ...............

M3.f .........................................

RC–D ...............

M3.g ........................................

RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D
RC–D

...............
...............
...............
...............
...............
...............
...............
...............
...............
...............
...............
...............

M4.a ........................................
M4.b ........................................
M5.a ........................................
M5.b ........................................
M5.c ........................................
M5.d ........................................
M5.e ........................................
M5.f .........................................
M7.a ........................................
M7.b ........................................
M8 ...........................................
M9 ...........................................

Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises
(GSEs) (Column A).
Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or
guaranteed by GSEs (Column A).
Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Column A).
Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Column A).
Pledged trading assets: Pledged securities (Column A) ........
Pledged trading assets: Pledged loans (Column A) ...............
Asset-backed securities: Credit card receivables ...................
Asset-backed securities: Home equity lines ...........................
Asset-backed securities: Automobile loans ............................
Asset-backed securities: Other consumer loans ....................
Asset-backed securities: Commercial and industrial loans ....
Asset-backed securities: Other ...............................................
Equity securities: Readily determinable fair values ................
Equity securities: Other ...........................................................
Loans pending securitization ...................................................
Other trading assets ................................................................

RC–D ...............

M10 .........................................

Other trading liabilities .............................................................

RCFDG334.

RCFDG335.

RCFDG651.

RCFDG652.

RCFDG387.
RCFDG388.
RCFDF643.
RCFDF644.
RCFDF645.
RCFDF646.
RCFDF647.
RCFDF648.
RCFDF652.
RCFDF653.
RCFDF654.
RCFDF655, RCFDF656,
RCFDF657.
RCFDF658, RCFDF659,
RCFDF660.

TO BE COMPLETED BY BANKS WITH TOTAL TRADING ASSETS OF $10 MILLION OR MORE FOR ANY QUARTER OF THE
PRECEDING CALENDAR YEAR
Schedule
RI
RI
RI
RI
RI

Item

.....................
.....................
.....................
.....................
.....................

M8.a
M8.b
M8.c
M8.d
M8.e

Item name

........................................
........................................
........................................
........................................
........................................

Trading
Trading
Trading
Trading
Trading

revenue:
revenue:
revenue:
revenue:
revenue:

MDRM No.

Interest rate exposures ...............................
Foreign exchange exposures .....................
Equity security and index exposures ..........
Commodity and other exposures ...............
Credit exposures .........................................

RIAD8757.
RIAD8758.
RIAD8759.
RIAD8760.
RIADF186.

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST INCOME IN AMOUNTS GREATER THAN
$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 5.L
Schedule

Item

Item name

MDRM No.

RI–E .................

1.a through 1.l ........................

Other noninterest income (from Schedule RI, item 5.l) ..........

RIADC013, RIADC014,
RIADC016, RIAD4042,
RIADC015, RIADF555,
RIADT047, RIAD4461,
RIAD4462, RIAD4463.

sradovich on DSK3GMQ082PROD with NOTICES

TO BE COMPLETED BY BANKS WITH COMPONENTS OF OTHER NONINTEREST EXPENSE IN AMOUNTS GREATER THAN
$100,000 THAT EXCEED 7 PERCENT OF SCHEDULE RI, ITEM 7.D
Schedule

Item

Item name

RI–E .................

2.a through 2.p .......................

Other noninterest expense (from Schedule RI, item 7.d) .......

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MDRM No.

08JAN1

RIADC017, RIAD0497,
RIAD4136, RIADC018,
RIAD8403, RIAD4141,
RIAD4146, RIADF556,
RIADF557, RIADF558,
RIADF559, RIADY923,
RIADY924, RIAD4464,
RIAD4467, RIAD4468.

966

Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices

TO BE COMPLETED BY BANKS WITH TOTAL TRADING ASSETS OF $10 MILLION OR MORE IN ANY OF THE FOUR PRECEDING
CALENDAR QUARTERS AND ALL BANKS MEETING THE FDIC’S DEFINITION OF A LARGE OR HIGHLY COMPLEX INSTITUTION FOR DEPOSIT INSURANCE ASSESSMENT PURPOSES
Schedule

Item

Item name

RC–K ...............

7 ..............................................

Trading assets .........................................................................

Dated: January 2, 2018.
Karen Solomon,
Acting Senior Deputy Comptroller and Chief
Counsel, Office of the Comptroller of the
Currency.
Board of Governors of the Federal Reserve
System, December 27, 2017.
Ann E. Misback,
Secretary of the Board.
Dated at Washington, DC, on December 27,
2017.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–00122 Filed 1–5–18; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P

DEPARTMENT OF THE TREASURY
Interest Rate Paid on Cash Deposited
To Secure U.S. Immigration and
Customs Enforcement Immigration
Bonds
Departmental Offices, Treasury.
Notice.

AGENCY:
ACTION:

For the period beginning
January 1, 2018, and ending on March
31, 2018, the U.S. Immigration and
Customs Enforcement Immigration
Bond interest rate is 1.24 per centum
per annum.
DATES: Rates are applicable January 1,
2018 to March 31, 2018.
ADDRESSES: Comments or inquiries may
be mailed to Sam Doak, Reporting Team
Leader, Federal Borrowings Branch,
Division of Accounting Operations,
Office of Public Debt Accounting,
Bureau of the Fiscal Service,
Parkersburg, West Virginia, 26106–1328.
You can download this notice at the
following internet addresses: http://
www.treasury.gov or http://
www.federalregister.gov.

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FOR FURTHER INFORMATION CONTACT:

Adam Charlton, Manager, Federal
Borrowings Branch, Office of Public
Debt Accounting, Bureau of the Fiscal
Service, Parkersburg, West Virginia,
26106–1328, (304) 480–5248; Sam Doak,
Reporting Team Leader, Federal
Borrowings Branch, Division of
Accounting Operations, Office of Public
Debt Accounting, Bureau of the Fiscal
Service, Parkersburg, West Virginia,
26106–1328, (304) 480–5117.
Federal
law requires that interest payments on
cash deposited to secure immigration
bonds shall be ‘‘at a rate determined by
the Secretary of the Treasury, except
that in no case shall the interest rate
exceed 3 per centum per annum.’’ 8
U.S.C. 1363(a). Related Federal
regulations state that ‘‘Interest on cash
deposited to secure immigration bonds
will be at the rate as determined by the
Secretary of the Treasury, but in no case
will exceed 3 per centum per annum or
be less than zero.’’ 8 CFR 293.2.
Treasury has determined that interest on
the bonds will vary quarterly and will
accrue during each calendar quarter at
a rate equal to the lesser of the average
of the bond equivalent rates on 91-day
Treasury bills auctioned during the
preceding calendar quarter, or 3 per
centum per annum, but in no case less
than zero. [FR Doc. 2015–18545] In
addition to this Notice, Treasury posts
the current quarterly rate in Table 2b—
Interest Rates for Specific Legislation on
the TreasuryDirect website.

SUPPLEMENTARY INFORMATION:

Gary Grippo,
Deputy Assistant Secretary for Public
Finance.

MDRM No.

DEPARTMENT OF THE TREASURY
Office of the Secretary
List of Countries Requiring
Cooperation With an International
Boycott
In accordance with section 999(a)(3)
of the Internal Revenue Code of 1986,
the Department of the Treasury is
publishing a current list of countries
which require or may require
participation in, or cooperation with, an
international boycott (within the
meaning of section 999(b)(3) of the
Internal Revenue Code of 1986).
On the basis of the best information
currently available to the Department of
the Treasury, the following countries
require or may require participation in,
or cooperation with, an international
boycott (within the meaning of section
999(b)(3) of the Internal Revenue Code
of 1986).
Iraq
Kuwait
Lebanon
Libya
Qatar
Saudi Arabia
Syria
United Arab Emirates
Yemen
Dated: January 2, 2018.
Douglas Poms,
International Tax Counsel, (Tax Policy).
[FR Doc. 2018–00123 Filed 1–5–18; 8:45 am]
BILLING CODE 4810–25–P

[FR Doc. 2018–00056 Filed 1–5–18; 8:45 am]
BILLING CODE 4810–25–P

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