FR2644_20171207_omb

Supporting Statement for the
Weekly Report of Selected Assets and Liabilities of Domestically Chartered
Commercial Banks and U.S. Branches and Agencies of Foreign Banks
(FR 2644; OMB No. 7100-0075)
Summary
The Board of Governors of the Federal Reserve System (Board), under delegated
authority from the Office of Management and Budget (OMB), proposes to extend for three years,
with revision, the voluntary Weekly Report of Selected Assets and Liabilities of Domestically
Chartered Commercial Banks and U.S. Branches and Agencies of Foreign Banks (FR 2644;
OMB No. 7100-0075). The FR 2644 is a balance sheet report that is collected as of each
Wednesday from an authorized stratified sample of 875 domestically chartered commercial
banks and U.S. branches and agencies of foreign banks.
The FR 2644 is the only source of high-frequency data used in the analysis of current
banking developments. The FR 2644 collects sample data that are used to estimate universe
levels using data from the quarterly commercial bank Consolidated Reports of Condition and
Income (FFIEC 031, FFIEC 041, and FFIEC 051; OMB No. 7100-0036) and the Report of
Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002; OMB No.
7100-0032) (Call Reports). Data from the FR 2644, together with data from other sources, are
used to construct weekly estimates of bank credit, balance sheet data for the U.S. banking
industry, sources and uses of banks’ funds, and to analyze current banking and monetary
developments. The Board publishes the data in aggregate form in the weekly H.8 statistical
release, Assets and Liabilities of Commercial Banks in the United States, which is followed
closely by other government agencies, the banking industry, the financial press, and other users.1
The H.8 release provides a balance sheet for the banking industry as a whole and data
disaggregated by its large domestic, small domestic, and foreign-related bank components.
In this proposal, the Board recommends revisions that would simplify and reduce overall
reporting requirements associated with this collection. The Board proposes the following
modifications to the FR 2644 reporting form:
(1) Combine the current counterparty split of Federal funds sold and securities purchased
under agreements to resell (asset items 3.a and 3.b) with the total of those two items, with
a comparable change to the associated borrowings items (liabilities items 9.a and 9.b);
(2) Drop the separate reporting of Trading assets (item 5) and Trading liabilities (item 10)
and include them instead in All other assets (item 6.b) and All other liabilities
(item 11.b), respectively;
(3) Replace Total deposits (item 8) with All other deposits (new item 8.b); and
(4) Eliminate the items on loans to small businesses (memoranda items 2.a and 2.b).
The annual reporting burden for the proposed FR 2644 report is estimated to be 106,925
hours, a reduction of 20,475 hours from the current burden of 127,400 hours. The first report for
the proposed FR 2644 would be implemented as of January 3, 2018.

1

See www.federalreserve.gov/releases/h8/current/default.htm.

Background and Justification
The FR 2644 reporting form began in 1946, initially collecting data from small banks.2
At that time the panel consisted of the universe of small member banks, which reported on a
monthly (last-Wednesday) basis. Beginning in 1959, this panel reported on a semi-monthly
basis (mid- and last-Wednesdays of the month). Then, beginning in 1969, the panel reported on
a weekly basis (as of Wednesday).
In 1979 a two-tier system of reporting was adopted. A stratified sample of 400 member
banks reported nine data items (including loans, securities, total assets, and large time deposits)
on the FR 2644s. All other small member banks reported three data items (securities, loans, and
total assets) on the FR 2644. Each Reserve Bank compiled an aggregate balance sheet for banks
within their district, drawing on data from the FR 2644s and FR 2644 as well as from other
surveys (including the quarterly Call Report). The district data were used to compile a national
total.
The general framework for the FR 2644 was revised in 1984. At that time the Board
decided to use a sample approach to estimate bank credit for the universe of all small banks. A
stratified sample of 1,100 banks, including nonmember banks for the first time, was selected.
As of July 1, 2009, the Board combined the three weekly bank balance sheet reports, (1)
the Weekly Report of Assets and Liabilities for Large Banks (FR 2416; OMB No. 7100-0075),
(2) the Weekly Report of Assets and Liabilities for Large U.S. Branches and Agencies of
Foreign Banks (FR 2069; OMB No. 7100-0030), and (3) the Weekly Report of Selected Assets
(FR 2644; OMB No. 7100-0075), into a single reporting form collected from an authorized
stratified sample of 875 domestically chartered commercial banks and U.S. branches and
agencies of foreign banks. Over the years, the respondent panel and data items collected on the
previous three reports and the current single reporting form have been occasionally modified.
Data from the FR 2644 are used in conjunction with other data to construct estimates of
bank credit, sources and uses of bank funds, and a balance sheet for the entire banking system.
These statistics are used to analyze current banking and monetary conditions, including the
monitoring of broad credit and funding conditions. Currently, there are no other data available
that supply the weekly data obtained on the FR 2644.
Description of Information Collection
The FR 2644 currently collects 33 balance-sheet items and 4 memoranda items as of each
Wednesday from an authorized stratified sample of 875 domestically chartered commercial
banks and U.S. branches and agencies of foreign banks.

2

Large banks reported the FR 2416 (Weekly Report of Assets and Liabilities for Large Banks) beginning in 1917
with about 600 reporters; foreign-related institutions (U.S. branches and agencies of foreign banks) began reporting
the FR 2069 (Weekly Report of Assets and Liabilities for Large U.S. Branches and Agencies) in July 1981 with
about 50 respondents.

2

Proposed Revisions
The Board proposes several revisions to simplify and reduce the overall reporting burden
associated with the FR 2644 report. The proposed FR 2644 reporting form would consist of 29
balance-sheet items and 2 memoranda items, an overall reduction of six data items.
Combine asset items 3.a and 3.b into one data item, and liability items 9.a and 9.b
into one data item.
The Board proposes to combine (1) Federal funds sold and securities purchased under
agreements to resell with commercial banks in the U.S. (including U.S. branches and agencies of
foreign banks) (item 3.a) and (2) Federal funds sold and securities purchased under agreements
to resell with others (including nonbank brokers and dealers in securities and FHLB) (item 3.b)
into one new item: Federal funds sold and securities purchased under agreements to resell (item
3) and to combine (1) Borrowings (including federal funds purchased and securities sold under
agreements to repurchase and other borrowed money) from commercial banks in the U.S.
(including U.S. branches and agencies of foreign banks) (item 9.a) and (2) Borrowings
(including federal funds purchased and securities sold under agreements to repurchase and other
borrowed money) from others (including FRB and FHLB) (item 9.b) into one new item:
Borrowings (including federal funds purchased and securities sold under agreements to
repurchase and other borrowed money) (item 9).
Counterparty-level detail on federal funds sold and securities purchased under
agreements to resell (federal funds) has been collected from large banks since mid-1969 and
from small banks since July 2009. Similar information for borrowings has been reported by both
large and small banks since October 1996. In the H.8 release, federal funds sold to commercial
banks have been included in interbank loans and federal funds sold to others have been included
in non-core loans as part of other loans and leases.
These asset/liability breakdowns have provided useful information on counterparties,
especially during the financial crisis. However, this information may now be obtained from the
Report of Selected Money Market Rates (FR 2420; OMB No. 7100-0357), which collects
transaction-level data, including counterparty information, for both federal funds purchased and
other borrowings. Therefore, the Board recommends dropping the counterparty detail from the
FR 2644 report.
Replace item 8 with new item 8.b.
The Board proposes to replace Total deposits (item 8) with All other deposits (item 8.b).
This new item will consist of all deposits other than time deposits of $100,000 or more. The
Board assesses that reporting accuracy will be higher if banks report the two pieces of total
deposits separately, rather than reporting total deposits and time deposits of $100,000 or more, a
subset of the former. The Board believes that this small change will reduce the incidence of
misreporting, leading to fewer edit failures and less need for explanatory contact with
respondents.

3

Proposed elimination of data items
The Board proposes to stop separately collecting two data items related to banks’
derivative and other trading activities: (1) Trading assets, other than securities and loans
included above (item 5) and (2) Trading liabilities (item 10). Data item 5 would be included in
All other assets (item 6.b), while data item 10 would be rolled into All other liabilities (including
subordinated notes and debentures) (item 11.b). Successive data items would be renumbered as
appropriate.
During the 2015 renewal of the FR 2644, derivatives with positive and negative fair
values, items 5.a and 10.a, the major components of trading assets and trading liabilities
respectively, were dropped from the reporting form. Weekly changes in the total items could
reasonably be attributed to movements in derivatives, since they accounted for the
preponderance of the trading items. However, in the intervening period, the Board has assessed
that the benefits of collecting the two trading assets and liabilities items separately, in terms of
analytical usefulness, do not exceed the costs of collection.
The Board also proposes to stop collecting two memoranda items: (1) Loans to small
businesses amount currently outstanding of “Loans secured by nonfarm nonresidential
properties” with original amounts of $1,000,000 or less (included in item 4.a.(5) above)
(item M.2 a) and (2) Loans to small businesses amount currently outstanding of “Commercial
and industrial loans to U.S. addressees” with original amounts of $1,000,000 or less (included in
item 4.c above) (item M.2. b).
These memoranda items were added to the FR 2644 reporting form as of January 7, 2015,
due to increasing interest in the health of small business lending and the lack of other timely
sources of information. The recommendation to discontinue the collection of these data items is
based on three factors:
(1) The new FFIEC 051 Call Report for eligible small banks with assets less than $1 billion
will require only semiannual reporting (June and December) for the related Call Report
data items. This new Call Report was implemented as of March 31, 2017. Semiannual,
rather than quarterly, reporting by three-fourths of the domestic banks in the universe
would severely limit the Board’s ability to estimate universe data from the weekly sample
FR 2644 data and to sufficiently benchmark those estimates, leading to deterioration in
the universe estimates.
(2) During the development of the FFIEC 051, both in-person conversations with bankers
and their comments in response to the associated Federal Register notices identified these
items as among the most burdensome for banks to provide, in some cases requiring
manual intervention to do so.
(3) Many of the panel respondents, including most of the largest banks, repeat their latest
quarterly Call Report figures for these data items. This practice does not provide the
Board with the more up-to-date information that it had been seeking.

4

Reporting panel
As mentioned above, the FR 2644 panel has an authorized size of 875 domestically
chartered commercial banks and U.S. branches and agencies of foreign banks. Currently, the
panel consists of 814 total reporters—751 domestically chartered banks and 63 foreign-related
institutions—and accounts for about 89 percent of all domestic assets at U.S. commercial banks.
The number of respondents is less than the authorized size due to mergers among reporters and
loss of respondents due to the voluntary nature of the panel. Table 1 presents the number of
reporters disaggregated by district and by bank group for the current panel.
Table 1
Number of Reporters on Current FR 2644 Panel3
District

Large Small4

ForeignPending
Related Replacements

1
2
3
4
5
6
7
8
9
10
11
12

2
7
2
4
4
2
2
0
0
0
0
2

21
34
43
40
41
70
155
84
33
74
71
60

0
54
0
0
0
0
3
0
0
0
3
3

0
11
0
4
3
25
4
4
1
1
5
3

TOTAL

25

726

63

61

The current FR 2644 sample’s coverage for each data item is included in Attachment 1.
The accuracy experienced with the current panel is presented in Table 2.a for small banks and
Table 2.b for foreign-related institutions, summarizing the benchmark effects since the last
renewal in 2015. While the average revisions are not overly large, they are significant.
Therefore, the Board recommends retaining the current authorized sample size of 875
respondents to minimize measurement error.

3

As of March 15, 2017, 814 respondents filed the FR 2644. There have been continuous efforts underway to
restore the panel size to 875 reporters.
4
Small banks are those not in the 25 largest banks by asset size as of each Call Report.

5

Table 2.a
Recent Benchmark Revisions to Estimates for Small Banks5
($ millions, n.s.a.)

Item
Bank Credit
U.S. Treasury and Agency
Securities
Other Securities
Commercial Real Estate Loans
Closed-end 1-4 Family Loans
Commercial and Industrial Loans
Credit Card Loans
Other Consumer Loans
All Other Loans
Cash
Total Assets
Total Deposits
Total Borrowings
Total Liabilities

Root Mean
Root Mean Maximum Average Level
Square
Square
Absolute of Asset Item
Percentage
Revision6
Revision ($billions)7
Revision8
3,840
11,120
3,586
0.11
1,522
1,146
153
1,374
1,925
142
383
1,257
4,894
4,338
3,440
1,392
4,436

3,044
2,979
329
3,212
5,665
388
980
2,823
10,121
16,172
14,849
3,522
15,843

598
256
1,018
547
515
167
166
199
343
4,205
3,308
292
3,705

0.25
0.45
0.17
0.25
0.37
0.09
0.23
0.63
1.43
0.10
0.10
0.48
0.12

The root mean square revision as a result of 16 quarterly benchmarks between
March 2013 and December 2016 was $3.8 billion or 0.11 percent of the average level of bank
credit. This implies that benchmarking revises quarterly bank credit growth estimates for small
banks by an average of 0.4 percent at an annual rate. The maximum revision was 2.9 times
greater than that amount.

5

Summary statistics are calculated for 16 quarterly benchmarks from March 2013 to December 2016.
The root mean square revision is the square root of the averaged sum of squared revisions. This term may also be
referred to as the standard deviation of the revisions around zero.
7
Average levels are averages of weekly not seasonally adjusted (n.s.a) data over the period of January 2013 to
December 2016.
8
Root mean square revision divided by average level of asset item, multiplied by 100.
6

6

Table 2.b
Recent Benchmark Revisions to Estimates for Foreign-Related Institutions9
($ millions, n.s.a.)

Item
Bank Credit
U.S. Treasury and Agency
Securities
Other Securities
Commercial Real Estate Loans
Commercial and Industrial Loans
All Other Loans
Cash
Total Assets
Total Deposits
Total Borrowings
Total Liabilities

Root Mean
Root Mean Maximum Average Level
Square
Square
Absolute of Asset Item
Percentage
Revision10 Revision ($billions)11
Revision12
6,127
15,207
994
0.62
1,304
1,323
874
2,491
1,249
21,728
40,212
4,609
7,072
45,560

3,199
2,381
2,437
5,709
3,259
44,710
103,194
9,703
15,456
116,207

96
105
40
317
228
1,165
2,679
1,059
732
2,328

1.36
1.26
2.17
0.79
0.55
1.87
1.50
0.44
0.97
1.96

As shown in the last column of Table 2.b, the percentage root mean square revisions over
the past 16 benchmarks for foreign-related institutions greatly exceeded those for the small banks
shown in Table 2.a. The root mean square revision of $6.1 billion, or .62 percent of the average
level of bank credit, implies an average 2.5 percent benchmark revision at an annual rate. Some
components of bank credit and total assets are significantly worse in accuracy; commercial real
estate loans, for example, have an average benchmark revision over 8 percent at an annual rate
and cash over 7 percent.
Frequency
The Board recommends that the FR 2644 report continue to be submitted weekly, as of
the close of business each Wednesday. Weekly data are needed for accurate and timely
construction to analyze current banking developments. The balance sheet series are constructed
and published weekly. The various data series that are constructed from the report are routinely
included in materials prepared for the Board of Governors; the constructed data are also included
in analyses provided to the Federal Open Market Committee. None of these series could be
constructed on a sufficiently accurate or timely basis if the frequency of reporting were reduced,
particularly in periods of market volatility and rapid change in banking conditions.

9

Summary statistics are calculated for 16 quarterly benchmarks from March 2013 to December 2016.
The root mean square revision is the square root of the averaged sum of squared revisions. This term may also be
referred to as the standard deviation of the revisions around zero.
11
Average levels are averages of weekly not seasonally adjusted (n.s.a) data over the period of January 2013 to
December 2016.
12
Root mean square revision divided by average level of asset item, multiplied by 100.
10

7

Time Schedule for Information Collection and Publication
Respondents file the FR 2644 weekly, within a week of the as-of-Wednesday. Aggregate
data are constructed at the Board by Thursday and the H.8 Statistical Release, Assets and
Liabilities of Commercial Banks in the United States, is published on Friday afternoon with an
as-of date of two Wednesdays prior. The H.8 Statistical Release provides a balance sheet for the
banking industry as a whole as well as for several bank groups (large domestically chartered
banks, small domestically chartered banks, and foreign-related institutions), and it is followed by
other government agencies, the banking industry, the financial press, and other users.
Legal Status
The Board’s Legal Division has determined that the FR 2644 is authorized by section 2A
and 11(a)(2) of the Federal Reserve Act (12 U.S.C. §§ 225(a) and 248(a)(2)) and by section
7(c)(2) of the International Banking Act (12 U.S.C. § 3105(c)(2)) and is voluntary. Individual
respondent data are regarded as confidential under the Freedom of Information Act (5 U.S.C. §
552(b)(4)).
Consultation outside the Agency
On July 6, 2017, the Board published an initial notice in the Federal Register
(82 FR 31327) requesting public comment for 60 days on the extension, with revision, of the
FR 2644. The comment period for this notice expires on September 5, 2017. The Board did not
receive any comments. On October 24, 2017, the Board published a final notice in the Federal
Register (82 FR 49207) and the information collection will be revised as proposed.
Estimate of Respondent Burden
As presented in the table below, the current annual reporting burden for the FR 2644 is
estimated to be 127,400 hours. The annual reporting burden for the proposed FR 2644 would be
106,925 hours, a decrease of 20,475 hours. The estimated average hours per response for the
FR 2644 would decrease from 2.80 hours to 2.35 hours, on a net basis, associated with the
proposed revisions. These reporting requirements for the FR 2644 represent less than 1 percent
of the total Federal Reserve System paperwork burden.

8

FR 2644

Number of
respondents13

Annual
frequency

Estimated
average hours
per response

Estimated
annual burden
hours

Current

875

52

2.80

127,400

Proposed

875

52

2.35

106,925

Change

(20,475)

The total cost to the public is estimated to decrease from the current level of $6,994,260 to
$5,870,183 for the revised FR 2644.14
Sensitive Questions
These collections of information contain no questions of a sensitive nature, as defined by
OMB guidelines.
Estimate of Cost to the Federal Reserve System
The proposed cost to the Federal Reserve System for collecting and processing the
FR 2644 is estimated to be $2,417,200 per year, a decrease of $56,500 from the current cost of
$2,473,700. The one-time cost to implement the revised report is estimated to be $42,900.

13

Of the actual respondents, 310 are small entities as defined by the Small Business Administration (i.e., entities
with less than $550 million in total assets) www.sba.gov/contracting/getting-started-contractor/make-sure-you-meetsba-size-standards/table-small-business-size-standards.
14
Total cost to the public was estimated using the following formula: percent of staff time, multiplied by annual
burden hours, multiplied by hourly rates (30% Office & Administrative Support at $18, 45% Financial Managers at
$67, 15% Lawyers at $67, and 10% Chief Executives at $93). Hourly rates for each occupational group are the
(rounded) mean hourly wages from the Bureau of Labor and Statistics (BLS), Occupational Employment and Wages
May 2016, published March 31, 2017, www.bls.gov/news.release/ocwage.t01.htm. Occupations are defined using
the BLS Occupational Classification System, www.bls.gov/soc/.

9

Attachments
1. Coverage of FR 2644 Sample
2. Proposed FR 2644 Usage Table

10

Attachment 1
Coverage of FR 2644 Sample (in Percent)15

Asset Item

Domestically
Chartered

1. Cash
2. Securities:
a. U.S. Treasury securities and U.S. government agency
obligations:
(1) Mortgage-backed securities
(2) Other U.S. government and U.S. agency obligations
b. Other securities
(1) Mortgage-backed securities
(2) All other securities
3. Federal funds sold and securities purchased under
agreements to resell:
a. With commercial banks in the U.S.
b. With others
4. Loans and leases:
a. Loans secured by real estate:
(1) Construction, land development, and other land loans
(2) Secured by farmland
(3) Secured by 1-4 family residential properties:
(a) Revolving, open-end loans secured by 1-4
family residential properties and extended
under lines of credit
(b) Closed-end loans secured by 1-4 family
residential properties
(4) Secured by multifamily (5 or more) residential
properties
(5) Secured by nonfarm nonresidential properties
b. Loans to, and acceptances of, commercial banks in the
U.S.
c. Commercial and industrial loans
d. Loans to individuals for household, family, and other
personal expenditures:
(1) Credit cards and other revolving credit plans
(2) Auto loans
(3) Other consumer loans
e. Loans to nondepository financial institutions
f. All other loans and leases

15
16

Based on December 31, 2016, Call Report.
Components are not available on domestic Call Report.

11

Small
ForeignDomestic Related

91.7

67.7

82.0

92.4
89.7

71.9
62.4

88.4
86.8

94.4
82.6

64.5
51.8

99.7
78.2

95.816

74.216
96.1
82.3

72.5
37.0

56.8
30.3

72.2
98.7

91.1

70.0

81.8

86.2

60.9

27.2

80.6
73.2

64.5
58.6

75.3
68.8

95.3
90.0

53.3
70.4

59.9
80.6

99.0
95.9
89.3
97.1
89.4

96.0
77.2
79.6
82.5
64.0

n.a.
n.a.
n.a.
92.2
84.8

Asset Item

Domestically
Chartered

g. Allowance for loan and lease losses
5. Trading assets, other than loans and securities included
above

Small
ForeignDomestic Related

86.4

63.8

n.a.

99.8

91.2

97.0

6. Other assets:
a. Net due from related foreign offices
b. All other assets

99.8
91.2

78.2
67.0

93.0
94.8

7. Total assets

88.5

65.4

84.8

8. Total deposits
a. Time deposits of $100,000 or more
9. Borrowings:
a. From commercial banks in the U.S.
b. From others
10. Trading liabilities
11. Other liabilities:
a. Net due to related foreign offices
b. All other liabilities

87.4
75.9
91.916

64.1
49.6
71.916

85.9
86.3

12. Total liabilities

Liability Item

99.8

94.3

81.0
86.4
97.9

99.9
95.7

99.5
76.8

77.5
95.3

88.4

65.3

84.8

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

57.5

46.2

n.a.

74.6

51.7

n.a.

Memoranda
1. Net unrealized gains (losses) on available-for-sale securities
a. Net unrealized gains (losses) on available-for-sale
securities, U.S. Treasury and U.S. Government agency
obligations, mortgage-backed securities
2. Loans to small businesses:
a. Amount currently outstanding of “Loans secured by
Nonfarm nonresidential properties” with original
amounts of $1,000,000 or less
b. Amount currently outstanding of “Commercial and
industrial loans to U.S. addressees” with original
amounts of $1,000,000 or less

n.a. Not available

_____________________________
16

Components not available on domestic Call Report.

12

Attachment 2
Proposed FR 2644 Usage Table

Proposed FR 2644 Asset Item

1. Cash

Usage

H.8; sources and uses of funds.

2. Securities:
a. U.S. Treasury securities and U.S. government agency
obligations:
(1) Mortgage-backed securities
(2) Other U.S. government and U.S. agency obligations
b. Other securities

Bank credit; H.8; investment strategy;
analysis of MBS market.
Bank credit; H.8; investment strategy.
Bank credit; H.8; investment strategy;
analysis of MBS market.
Bank credit; H.8; investment strategy.

(1) Mortgage-backed securities
(2) All other securities
3. Federal funds sold and securities purchased under agreements to
resell
4. Loans and leases:
a. Loans secured by real estate:
(1) Construction, land development, and other land loans
(2) Secured by farmland
(3) Secured by 1-4 family residential properties:
(a) Revolving, open-end loans secured by 1-4 family
residential properties and extended under lines of credit
(b) Closed-end loans secured by 1-4 family residential
properties
(4) Secured by multifamily (5 or more) residential properties
(5) Secured by nonfarm nonresidential properties
b. Loans to, and acceptances of, commercial banks in the U.S.
c. Commercial and industrial loans
d. Loans to individuals for household, family, and other personal
expenditures:
(1) Credit cards and other revolving credit plans
(2) Automobile loans
(3) Other consumer loans
e. Loans to nondepository financial institutions
f. All other loans and leases

13

H.8; sources and uses of funds

Bank credit; H.8; commercial sector.
Bank credit; H.8; commercial sector.

Bank credit; H.8; consumer borrowing.
Bank credit; H.8; consumer borrowing.
Bank credit; H.8; commercial/residential
sectors.
Bank credit; H.8; commercial/residential
sectors.
H.8; interbank borrowing.
Bank credit; H.8; analysis of commercial
lending.

Bank credit; H.8; consumer borrowing
Bank credit; H.8; consumer borrowing
Bank credit; H.8; consumer borrowing.
Bank credit; H.8; analysis of alternative
business lending.
Bank credit; H.8.

g. Allowance for loan and lease losses

H.8; derivation of net total assets.

6. Other assets:
a. Net due from related foreign offices
b. All other assets

H.8; managed liabilities.
H.8; sources and uses of funds.

7. Total assets

H.8.

Proposed FR 2644 Liability Item

Usage

8. Total deposits:
a. Time deposits of $100,000 or more
b. All other deposits

H.8; sources of funds analysis.
H.8; sources of funds analysis

9. Borrowings

H.8; managed liabilities

11. Other liabilities:
a. Net due to related foreign offices
b. All other liabilities

H.8; managed liabilities.
H.8; sources of funds.

12. Total Liabilities

H.8.

Proposed Memorandum Item

Usage

1. Net unrealized gains (losses) on available-for-sale securities
a. Net unrealized gains (losses) on available-for-sale securities,
U.S. Treasury and U.S. government agency securities,
mortgage-backed securities (included in item M.1 above)

H.8; book value of securities.

14

H.8; book value of agency MBS.