Initial stress test

Board of Governors of the Federal Reserve System

Instructions for Preparation of

Annual Company-Run Stress Test Report For State Member
Banks, Bank Holding Companies, and Savings and Loan Holding
Companies with Total Consolidated Assets Greater Than $10 Billion
and Less Than $50 Billion
Reporting Form FR Y-16
Effective for the Annual Report Submission Beginning on July 31, 2017

INSTRUCTIONS FOR PREPARATION OF

Annual Company-Run Stress Test Report For
State Member Banks, Bank Holding Companies, and
Savings and Loan Holding Companies with Total
Consolidated Assets Greater Than $10 Billion and Less
Than $50 Billion
FR Y-16
GENERAL INSTRUCTIONS
The Annual Dodd Frank Act (DFA) Company-Run Stress
Testing Report (FR Y-16 report) collects detailed data on
State Member Banks’ (SMBs), Bank Holding Companies’ (BHCs) and Savings and Loan Holding Companies’
(SLHCs)1 quantitative projections of income, losses,
assets, liabilities, and capital across a range of macroeconomic and financial scenarios as well as the qualitative
supporting information on the methodologies and processes used to develop those internal projections. Further
information regarding the requirements of the qualitative
supporting information is provided in Appendix A. The
Federal Reserve Board (FRB) will provide details about
the macroeconomic scenarios to the SMBs, BHCs, and
SLHCs.

Who Must Report
Reporting Criteria
BHCs or SLHCs with total consolidated assets greater
than $10 billion but less than $50 billion that are subject
to the FRB’s stress test rules (12 CFR part 252, subpart
B), and any affiliated or unaffiliated SMBs with total
consolidated assets of more than $10 billion but less than
$50 billion (excluding SMB subsidiaries of covered
companies, as defined by the final stress test rule 12 CFR
part 252, subpart F) must file the FR Y-16.2
1. SLHCs that are subject to minimum regulatory capital requirements
and exceed the asset threshold for the first time on or before March 31,
2015, must comply with the company-run stress test requirements beginning on January 1, 2017, unless that time is extended by the FRB in
writing. SLHCs substantially engaged in commercial or insurance underwriting activities are exempt from the requirements until the Board establishes a final capital rule. If the Board issued the rule or order on or before
March of the previous year, the stress test requirements would have been
effective on January 1 of a given year, unless the time was accelerated or
extended by the Board in writing.
2. “Covered companies” are defined as BHCs with at least $50 billion
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General Instructions July 2016

The FRB’s final stress test rule defines total consolidated
assets as the average of the institution’s total consolidated assets over the four most recent consecutive quarters as reported on the respondent’s Consolidated Financial Statements for Holding Companies (FR Y-9C: OMB
No. 7100-0128) or Consolidated Report of Condition and
Income (Call Report FFIEC 031 or FFIEC 041: OMB
No. 7100-0036). Per the final stress test rule, if the
institution has not filed a FR Y-9C or Call Report for
each of the four most recent consecutive quarters, the
average of the institution’s total consolidated assets in the
most recent quarter or consecutive quarters as reported
on the FR Y-9C or Call Report should be used in the
calculation.
Compliance after 3/31/15
A BHC, SLHC that is subject to minimum regulatory
capital requirements, or SMB that exceeds the asset
threshold for the first time on or before March 31 of a
given year must comply with the company-run stress test
requirements, beginning on January 1 of the following
year, unless that time is extended by the FRB in writing.
Similarly, a BHC, SLHC that is subject to minimum
regulatory capital requirements, or SMB that exceeds the
asset threshold for the first time after March 31 of a given
year must comply with the company-run stress test
requirements, beginning on January 1 of the second year
following that given year, unless that time is extended by
the FRB in writing.
For example, if an institution reported $9.5 billion in total
consolidated assets as reported on Schedule HC of its
FR Y-9C as of June 30 and September 30, 2015 and $11
billion as of December 31, 2015 and March 31, 2016, the
average total assets over the four-quarter period is calculated as $10.25 billion and the institution would meet the
in total consolidated assets and nonbank systemically important financial
institutions, subject to annual supervisory stress tests and semiannual
company-run stress tests.

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General Instructions

requirement to conduct its first stress test for the 2017
stress test cycle commencing on January 1, 2017 and
reporting in July 2017.
For example, if an institution reported $9.5 billion in total
consolidated assets as reported on Schedule HC of its FR
Y-9C as of September 30 and December 31, 2015, and
$11 billion as of March 31 and June 30, 2016, the
average total assets over the four-quarter period is calculated as $10.25 billion and the institution would meet the
requirement to conduct its first stress test for the 2018
stress test cycle commencing on January 1, 2018 and
reporting in July 2018.
Once an institution meets the asset threshold, the company will remain subject to the final stress test rule
requirements unless and until the total consolidated assets
(not average assets) of the company are less than $10
billion for each of four consecutive quarters as reported
on the FR Y-9C or Call Report, as applicable (measured
on the as-of date of the fourth consecutive FR Y-9C or
Call Report). An institution that has reduced its total
consolidated assets below $10 billion for four consecutive quarters will again become subject to the requirements of this rule if it meets the asset threshold at a later
date.
Shifts in Reporting
If a BHC, SLHC, or SMB filing the report reaches total
consolidated assets of $50 billion or more, as defined by
the stress testing final rule (12 CFR 225.8), the institution
will need to refer to reporting requirements for the FR
Y-14 series to determine applicability.
Exemptions
SMBs, BHCs, and SLHCs that do not meet the reporting
criteria listed above are exempt from reporting. Foreign
banking organizations are also exempt from FR Y-16
reporting.

certain electronic reports submission and file uploads,
and is a system many institutions already use for other
regulatory reports. Per each agency’s final stress test
rules, each primary federal regulator will have access to
their respective institutions’ submissions.
For general Reporting Central procedures and information, companies should contact the appropriate Federal
Reserve Bank or access the link below.
www.frbservices.org/centralbank/reportingcentral/
index.html
For instructions on how to create and submit the FR Y-16
report, companies should contact the appropriate Federal
Reserve Bank or access the link below.
https://www.frbservices.org/files/reporting/pdf/
fry16_fdic_dfast_transfer_guide.pdf
Companies must submit the qualitative supporting information in Adobe Acrobat PDF format. For requirements
regarding the submission of these items, see Appendix A
of these instructions.

When to Submit the Report
The FR Y-16 report is required to be submitted using
financial information as of December 31. The report
submission due date is the close of business July 31 of
each calendar year unless that time is extended by the
FRB in writing. Close of business is defined as 5:00 P.M.,
local time of the responsible Reserve Bank. The term
“submission date” is defined as the date by which the
Federal Reserve must receive the institution’s FR Y-16.
If the submission deadline falls on a weekend or holiday,
the report must be received on the first business day after
the weekend or holiday. Earlier submission aids the
Federal Reserve in reviewing and processing reports and
is encouraged.

Organization of the Report

Where to Submit the Report

General Information

The agencies’ close collaboration in developing a streamlined and simplified DFA stress test regulatory report will
facilitate a uniform electronic collection process for all
companies. All companies should submit their completed
reports electronically through Reporting Central, the
Federal Reserve’s electronic reports submission application. Reporting Central is a central point of entry for
Federal Reserve, FFIEC, and Treasury Department for

The annual company-run DFA stress tests will cover a
nine-quarter planning horizon beginning on the first day
of a stress test cycle (on January 1) and use financial
information as of December 31 of a reporting year (for a
total of ten quarters of information reported). SMBs,
BHCs, and SLHCs will report on the FR Y-16 their
quantitative projections of losses, resources available to
absorb those losses, balance sheet positions, and capital

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composition on a quarterly basis over the duration of the
scenarios and planning horizon. The FRB will provide
details about the macroeconomic scenarios to the SMBs,
BHCs, and SLHCs.
The FR Y-16 is organized into the following sections:
A. Scenario Variables Schedule
B. Results Schedule
a. Summary Schedule
b. Baseline Scenario
i. Income Statement
ii. Balance Sheet Statement
c. Adverse Scenario
i. Income Statement
ii. Balance Sheet Statement
d. Severely Adverse Scenario
i. Income Statement
ii. Balance Sheet Statement
C. Appendix A - Qualitative Supporting Information
In addition to the projections collected on the FR Y-16,
SMBs, BHCs, and SLHCs are also required to submit
summary qualitative information supporting their projections. The report of the results of the stress test must
include, under the baseline, adverse, and severely adverse
scenarios: a description of the types of risks included in
the stress test, a summary description of the methodologies used in the stress test, an explanation of the most
significant causes for the changes in regulatory capital
ratios, and the use of the stress test results. Please see
Appendix A for more details.

How to Prepare the Reports
A. Applicability of U.S. GAAP
SMBs, BHCs, and SLHCs are required to prepare and file
the FR Y-16 schedules in accordance with U.S. generally
accepted accounting principles (GAAP) and these instructions. For the purposes of FR Y-16 reporting, a SMB,
BHC, or SLHC should not reflect the adoption of new
accounting standards in its projections unless the firm has
already adopted the accounting standard for financial
reporting purposes. The financial records of the SMBs,
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General Instructions July 2017

BHCs, and SLHCs should be maintained in such a
manner and scope to ensure the FR Y-16 is prepared in
accordance with these instructions and reflects a fair
presentation of the SMBs’, BHCs’, and SLHCs’ financial
condition and assessment of performance under stressed
scenarios.
Institutions must project the allowance for loan and lease
losses (ALLL) using methodologies consistent with the
Current Exposure Credit Loss model (CECL) in all
DFAST submissions subsequent to the institution’s CECL
effective date. Thus, institutions with a CECL effective
date for the fiscal year following December 15, 2019
(effective date for SEC filers) must use methodologies to
project the ALLL in all quarters consistent with CECL
beginning with the 2020 DFAST submission. Institutions
that voluntarily adopt CECL prior to their CECL effective date are encouraged, but not required, to use methodologies to project the ALLL consistent with CECL in
the same DFAST submission year as the early adoption.
Unless the preceding criterion is met, institutions should
not use methodologies to project the ALLL consistent
with CECL for any future projected period in the DFAST
submission, including future projection periods that are
subsequent to the effective date for the institution. For
example, institutions with a CECL effective date for the
fiscal year following December 15, 2017 should not use
methodologies to project quarterly ALLL balances consistent with CECL in the FR Y-16 submission, even
though the ending ninth quarter of the DFAST 2018
submission corresponds to March 31, 2020.
B. Rules of Consolidation
Respondents should reference the FR Y-9C or Call
Report for general instructions on the rules of consolidation. Unless otherwise noted, items map directly to the
respondent’s FR Y-9C or Call Report for the actual
quarterly data provided for December 31 of the reporting
year while all remaining quarterly data over the ninequarter horizon are based on the institution’s quarterly
projections.
C. Projections
The report includes one quarter of actual data followed
by nine quarters of projected data. The “planning horizon” refers to the nine quarters of projected data, starting
with the first quarter following the actual data, which
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would be the first quarter of the following year, or March
31st. Column headings refer to each corresponding quarter.

or more of these items, they should be recorded with a
minus (-) sign rather than in parentheses.

D. Order of Precedence

As these data will be collected as part of the supervisory
process, they are subject to confidential treatment under
exemption 8 of the Freedom of Information Act (5 U.S.C.
552(b)(8)). In addition, the information contained in this
report may be exempt from disclosure under Exemption
4.5 U.S.C. 552(b)(4). Disclosure determinations would
be made on a case-by-case basis.

If there is a conflict in guidance, SMBs, BHCs, and
SLHCs should first use the information contained in
these instructions and then the instructions available in
the latest FR Y-9C or Call Report.
E. Technical Details
The following instructions apply generally to the FR
Y-16, unless otherwise specified.
a. Report income and loss data on a quarterly basis and
not on a cumulative or year-to-date basis.
b. Ensure that any internal consistency checks are
complete prior to submission.
c. A numerical value or zero should generally be
entered for all items, except in those cases where
other options such as “not available” or “other” are
specified. If information is not available or not
applicable and no such options are offered, the field
should be left blank. Or if there are no data for
certain fields then populate them with a zero, “0”.
d. MDRM codes and formulas are provided in the
‘FFIEC 031 or 041 Call Report Item’ column and the
‘FR Y-9C Report Item’ column for most line items.
Definitions in the Call Report and FR Y-9C for those
items should be used.
F.

Rounding

All dollar amounts must be reported in thousands, with
the figures rounded to the nearest thousand. Rounding
could result in details not adding to their stated totals.
However, to ensure consistent reporting, the rounded
detail items should be adjusted so that the totals and the
sums of their components are identical.
G. Negative Entries
Negative entries are generally not appropriate on the FR
Y-16 balance sheet and should not be reported. Hence,
assets with credit balances must be reported in liability
items and liabilities with debit balances must be reported
in asset items, as appropriate, and in accordance with
these instructions. When negative entries do occur in one
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H. Confidentiality

I. Amended Reports
When the Federal Reserve’s interpretation of how GAAP
or these instructions should be applied to a specified
event or transaction (or series of related events or transactions) differs from the reporting institution’s interpretation, the Federal Reserve may require the institution to
reflect the event(s) or transaction(s) in its FR Y-16 in
accordance with the Federal Reserve’s interpretation and
to amend previously submitted reports. The Federal
Reserve will consider the materiality of such event(s) or
transaction(s) in making a determination about requiring
the institution to apply the Federal Reserve’s interpretation and to amend previously submitted reports. Materiality is a qualitative characteristic of accounting information which is defined in FASB Concepts No. 2 as “the
magnitude of an omission or misstatement of accounting
information that, in the light of surrounding circumstances, make it probable that the judgment of a reasonable person relying on the information would have been
changed or influenced by the omission or misstatement.’’
The Federal Reserve may require the filing of an amended
FR Y-16 if previously submitted reports contain significant errors. In addition, an institution should file an
amended report when internal or external auditors make
audit adjustments that result in a restatement of financial
statements previously submitted to the Federal Reserve.
For further information regarding FR Y-16 amended
reports, please see the Amended Reports section in the
general instructions of the FR Y-9C.
If resubmissions are required, institutions should contact
the appropriate Federal Reserve Bank.
J. Data Items Automatically Retrieved from Other
Reports
The actual 12/31 data that is required to be submitted in
each schedule requested on the FR Y-16 may also be
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collected in other reports submitted to the Federal
Reserve. If the institution files the other reports at the
same level of consolidation as is required for the FR
Y-16, the duplicate data items do not need to be reported
and may be left blank on the FR Y-16 form. For SMBs,
BHCs, and SLHCs, the data will be collected from the
FR Y-9C or Call Report.
However, the actual 12/31 data for certain line items do
not map to existing MDRM codes in the FR Y-9C or Call
Report. Institutions will need to report the actual 12/31
data for the following line items for each scenario:

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General Instructions July 2016

• Income statement memoranda line items 26-31, 32-37,
and 38-43 for all reporters
• Balance sheet line items 32, 33, and 35 for BHCs and
SLHCs
K. Questions
Questions and requests for interpretations of matters
appearing in any part of these instructions should be
addressed to the appropriate Federal Reserve Bank (that
is, the Federal Reserve Bank in the district where the
institution submits this report).

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SCENARIO VARIABLES SCHEDULE
To conduct the stress test required, a SMB, BHC, or
SLHC may choose to project additional economic and
financial variables beyond the mandatory supervisory
scenarios provided to estimate losses or revenues for
some or all of its portfolios. The FRB expects a SMB,
BHC, or SLHC to ensure that the paths of any additional
variables (including their timing) are consistent with the
general economic environment assumed in the supervisory scenarios. If additional variables are used, the SMB,
BHC, or SLHC must complete the following information
for each scenario where the institution chose to use
additional variables. The following instructions provide
guidance for institutions that choose to use additional
scenario variables to report. The Scenario Variables
Schedule should be reported in a data format (not pdf)
and submitted through the Reporting Central application.
A. Scenario Variable Definitions
This schedule should be used to list and define the
variables used by a SMB, BHC, or SLHC that chooses to
go beyond those variables defined in the mandatory
supervisory scenarios provided by the FRB.
• The schedule provides space for the baseline scenario,
adverse scenario, and severely adverse scenario. These
sections must be completed if an institution chooses to
use additional variables.
• If additional variables are used beyond the variables
included in the FRB provided scenarios, list those
variable names in the column titled “Variable Name.”
• Variable definitions should be provided in the column
titled “Variable Definition.” Variable definitions should
include a description of the variable (e.g., “real GDP”)
and the denomination and/or frequency of the variable
(e.g., “billions of 2005 dollars” or “in percent, average
of monthly values”).
• The forecasts and historical data for all of the additional scenario variables should be constructed on the
same basis. Thus, if a variable is, over history, constructed as an average, its forecast should be interpreted as an average as well.
The following definitions and basis (i.e. period-average
or period-end) of the financial market variables were
included in the 2013 mandatory supervisory scenarios
and are provided as an example for institutions to
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describe any additional scenario variables used in its
stress test3:
o U.S. 10-year Treasury yield: Quarterly average of
the yield on 10-year U.S. Treasury bonds.
o U.S. mortgage rate: Quarterly average of weekly
series of Freddie Mac data.
o U.S. Dow Jones Total Stock Market Index: End of
quarter value, Dow Jones.
o U.S. Market Volatility Index (VIX): Chicago Board
Options Exchange converted to quarterly by using
the maximum value in any quarter.
• For convenience, the schedule provides space for ten
additional variables per scenario, but any number of
variables may be reported, depending on the variables
actually used in the scenario. Extra lines may be
created as needed. The same variables do not necessarily have to be included in each scenario.
• SMBs, BHCs, and SLHCs should include all economic
and financial market variables that were important in
projecting results and are in addition to those provided
by the FRB, including those that affect only a subset of
portfolios or positions. For example, if asset prices in a
specific sector had a meaningful impact, then the
assumed level of prices and projections should be
included; or, if bankruptcy filings affect credit card loss
estimates, then the assumed levels of these loss estimates should be reported if used in the projections.
• SMBs, BHCs, and SLHCs should also include any
variables capturing regional or local economic or asset
value conditions, such as regional unemployment rates
or regional housing prices, if these were used in the
projections.
• SMBs, BHCs, and SLHCs should include historical
data, as well as projections, for any macroeconomic,
regional, local, or financial market variables that are
not generally available. Historical data for these variables can be included in a separate document.
B. All Scenarios
• The Scenario Variables Schedule should be submitted
when additional variables are used beyond those provided by the regulators.
3. See the following for more information on the 2013 supervisory
scenarios:http://www.federalreserve.gov/newsevents/press/bcreg/
bcreg20121115a1.pdf.
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• Variable names and definitions should be consistent
throughout the worksheets in the schedule.
• List quarterly values for the variables starting with the
last realized value (actual 12/31) through the end of the
planning horizon (projected quarter one through projected quarter nine). Reporting Central does not allow
variable values with decimal places on the Scenario
Variable Schedule. For variables that are not reported
in thousands (such as ratios or rates) the respondent
should provide the unit of measure in the Variable
Definition field to indicate the metrics of a given
variable. For example, if Interest Rate is the Variable
Name, the corresponding Variable Definition should
identify the metrics in which the data are reported
(basis points, 1 as 1%; and 554 as 5.54%, etc.).
• The Scenario Variables Schedule should be submitted
in data format (not pdf) through the Reporting Central
application.
C. DFA Stress Test Baseline Scenario
Respondents should report the values of any additional
variables generated for the DFA stress test baseline
scenario.
D. DFA Stress Test Adverse Scenario
Respondents should report the values of any additional
variables generated for the DFA stress test adverse
scenario.
E. DFA Stress Test Severely Adverse Scenario
Respondents should report the values of any additional
variables generated for the DFA stress test severely
adverse scenario.

RESULTS SCHEDULES
The Results Schedules are composed of seven supporting
schedules: a Summary Schedule, which summarizes key
results from the Baseline, Adverse, and Severely Adverse
Scenarios; and supporting schedules with Income Statement, Balance Sheet, and Capital Statement details. Each
supporting schedule has three versions: one each for the
Baseline Scenario, the Adverse Scenario, and the Severely
Adverse Scenario.
Detailed instructions for the Income Statement and Balance Sheet schedules follow in the sections below.
FR Y-16
General Instructions July 2016

Summary Schedule
This schedule summarizes key results reported on the
Income Statement and Balance Sheet schedules for the
Baseline, Adverse, and Severely Adverse Scenarios. No
action is required by institutions to complete this schedule as this summary data schedule will be populated
automatically from the Income Statement and Balance
Sheet schedules.

Income Statement Schedule
For the Income Statement schedule, MDRM codes corresponding to the related FR Y-9C and Call Report line
items are provided for many of the line items. Respondents should report income and loss data on a quarterly
basis and not on a cumulative or year-to-date basis. When
applicable, the definitions of the SMB’s, BHC’s, and
SLHC’s projections should map to the definitions outlined by the corresponding MDRM code within the
FR Y-9C and Call Report. The SMB, BHC, or SLHC
should include income or losses tied to the relevant
balances reported on the Balance Sheet schedule.
General Instructions
This schedule collects various income statement items
similar to items found on Schedules HI, HI-A, and HI-B
on the FR Y-9C or Schedules RI, RI-A, and RI-B on the
Call Report. Net charge-offs on this schedule is defined
as gross charge-offs less recoveries for the various line
items. As stated in the FR Y-9C instructions, institutions
should also include write-downs to fair values on loans
(and leases) transferred to the held-for-sale account during the calendar year-to-date that occurred when (1) the
institution decided to sell loans that were not originated
or otherwise acquired with the intent to sell and (2) the
fair value of those loans had declined for any reason
other than a change in the general market level of interest
or foreign exchange rates.
For those institutions or consolidated subsidiaries required
to establish and maintain an allocated transfer risk
reserve, as specified in Section 905(a) of the International
Lending Supervision Act of 1983, in the agency regulations implementing the Act (Subpart D of Federal
Reserve Regulation K), and in any guidelines or instructions issued by the Federal Reserve, columns A and B of
part I of schedule HI-B include loans and leases charged
off against and amounts recovered, respectively, through
the allocated transfer risk reserve. These instructions
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should be read in conjunction with the instructions for
schedule HI-B and the glossary entries for “allowance for
loan and lease losses” and “domicile” in the FR Y-9C
report instructions.
Line Item 1 First lien mortgages (net charge-offs):
Report all closed-end loans secured by first liens on 1-4
family residential properties, as defined in the FR Y-9C,
Schedule HI-B, item 1(c)(2)(a) and the Call Report,
Schedule RI-B, item 1.c.(2)(a).
Line Item 2 Closed-end junior liens (net
charge-offs):
Report all closed-end loans secured by junior liens on 1-4
family residential properties, as defined in the FR Y-9C,
Schedule HI-B, item 1(c)(2)(b) and the Call Report,
Schedule RI-B, item 1.c.(2)(b). Include loans secured by
junior liens in this item even if the institution also holds a
loan secured by a first lien on the same 1-4 family
residential property and there are no intervening junior
liens.

Line Item 6 Other construction loans (net
charge-offs):
Report all other construction loans and all land development and other land loans, as defined in the FR Y-9C,
Schedule HI-B, item 1(a)(2) and the Call Report, Schedule RI-B, item 1.a.(2).
Line Item 7 Multifamily loans (net charge-offs):
Report all loans secured by multifamily (5 or more)
residential properties in domestic offices, as defined in
the FR Y-9C, Schedule HI-B, item 1(d) and the Call
Report, Schedule RI-B, item 1.d.
Line Item 8 Non-farm, non-residential owner
occupied loans (net charge-offs):
Report all loans secured by owner-occupied non-farm
non-residential properties, as defined in the FR Y-9C,
Schedule HI-B, item 1(e)(1) and the Call Report, Schedule RI-B, item 1.e.(1).

Line Item 3 Home equity lines of credit
(HELOCS) (net charge-offs):

Line Item 9 Non-farm, non-residential other loans
(net charge-offs):

Report all revolving, open-end loans in domestic offices
secured by 1-4 family residential properties and extended
under lines of credit, as defined in the FR Y-9C, Schedule
HI-B, item 1(c)(1) and in the Call Report, Schedule RI-B,
item 1.c.(1).

Report all loans secured by other non-farm nonresidential properties, as defined in the FR Y-9C, Schedule HI-B, item 1(e)(2) and the Call Report, Schedule
RI-B, item 1.e.(2).

Line Item 4 Commercial and industrial (C&I)
loans (net charge-offs):
Report all commercial and industrial loans, as defined in
the FR Y-9C, Schedule HI-B, item 4(a) and the Call
Report FFIEC 041, Schedule RI-B, item 4 and FFIEC
031, Schedule RI-B, item 4.a, commercial and industrial
loans to U.S. addressees, and all commercial and industrial loans to non-U.S. addressees, as defined in the
FR Y-9C, Schedule HI-B, item 4(b) and the Call Report
FFIEC 031, Schedule RI-B, item 4.b.

Line Item 10 Credit cards (net charge-offs):
Report all extensions of credit under credit card loans, as
defined in the FR Y-9C, Schedule HI-B lines 5(a) and the
Call Report, Schedule RI-B, item 5.a.
Line Item 11 Automobile loans (net charge-offs):
Report all automobile loans, as defined in the FR Y-9C,
Schedule HI-B line 5(b) and the Call Report, Schedule
RI-B, item 5.b.

Line Item 5 1-4 family construction loans (net
charge-offs):

Line Item 12 Other consumer loans (net
charge-offs):

Report all 1-4 family residential construction loans, as
defined in the FR Y-9C, Schedule HI-B, item 1(a)(1) and
the Call Report, Schedule RI-B, item 1.a.(1).

Report all other consumer loans, as defined in the FR Y9C, Schedule HI-B line 5(c) and the Call Report, Schedule RI-B, item 5.c.

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Line Item 13 All other loans and leases (net
charge-offs):
Report all other loans and leases that have not been
reported in the loan charge-off categories above (line
items 1-12).
Line Item 14 Total loan and lease (net
charge-offs):
Report the sum of line items 1 through 13.
Line Item 15 Net interest income:
Report net interest income, as defined in the FR Y-9C
report, Schedule HI, line 3 and the Call Report, Schedule
RI, item 3.

Line Item 22 All other gains (losses):
Report all other gains (losses) from extraordinary items,
other adjustments, less the net income (loss) attributable
to noncontrolling (minority) interests, and any other
items that are not either (i) reported above line 22 or (ii)
in taxes reported in item 23. The amounts reported in line
22 comprise the remaining portion of net income reported
in line 24. The corresponding FR Y-9C line items are
defined in Schedule HI, items 11 and 13 and the corresponding Call Report line items are defined in Schedule
RI, items 11 and 13.
Line Item 23 Taxes:
Report the applicable income taxes, as defined in the FR
Y-9C report, Schedule HI, item 9 and the Call Report,
Schedule RI, item 9.

Line Item 16 Non-interest income:
Report non-interest income, as defined in the FR Y-9C
report, Schedule HI, line 5(m) and the Call Report,
Schedule RI, item 5.m.
Line Item 17 Non-interest expense:
Report non-interest expense, as defined in the FR Y-9C
report, Schedule HI, line 7(e) and the Call Report,
Schedule RI, item 7.e.
Line Item 18 Pre-provision net revenue:
Report the sum of lines 15 and 16 above, less line 17.
Line Item 19 Provision for loan and lease losses:
Report the provision for loan and leases, as defined in the
FR Y-9C report, Schedule HI, item 4 and the Call Report,
Schedule RI, item 4.
Line Item 20 Realized gains (losses) on HTM
securities:
Report the realized gain (losses) on held-to-maturity
securities, as defined in the FR Y-9C report, Schedule HI,
item 6(a) and the Call Report, Schedule RI, item 6.a.
Line Item 21 Realized gains (losses) on AFS
securities:
Report the realized gain (losses) on available-for-sale
securities, as defined in the FR Y-9C report, Schedule HI,
item 6(b) and the Call Report, Schedule RI, item 6.b.
FR Y-16
General Instructions July 2016

Line Item 24 Net income:
Report the total of lines 18, 19, 20, 21, 22, and 23 using
the following logic (item 18 - item 19 + item 20 + item 21
+ item 22 - item 23). If this amount is a net loss, report
with a minus (-) sign. Report the applicable net income,
as defined in the FR Y-9C report, Schedule HI, item 14
and the Call Report, Schedule RI, item 14.
Memoranda items:
Line Item 25 Other than temporary impairment
(OTTI) losses:
Report other than temporary impairment losses, as defined
in the FR Y-9C report, Schedule HI, Memo item 17(a)
and the Call Report, Schedule RI, Memo item 14.a.
Line Items 26 through 43
These line items should be used to list the projected
segment amounts of non-interest income, non-interest
expense, and all other gains (losses) that exceed 15% of
each line item, respectively.
• The measurement to determine if segments of noninterest income, non-interest expense, and all other
gains (losses) are greater than 15 percent should be
performed for the initial period (actual as of 12/31) and
amounts should be reported for projected quarters one
through nine if a category is greater than 15 percent as
of the actual 12/31 period (even if the value of the
category item decreases to less than 15 percent in the
projected periods).
GEN-9

General Instructions

• These line items must be completed for each scenario if
a segment of non-interest income, non-interest expense,
and all other gains (losses) are greater than 15 percent
as of the actual 12/31 period.
• Segment names and definitions should be consistent
throughout the Income Statement schedule.
• List the quarterly values for the segments starting with
the last realized value (actual 12/31) through the end of
the planning horizon (projected quarter one through
projected quarter nine).
• Enter all amounts as levels rather than as changes or
growth rates (for example, the dollar value of income
from fiduciary activities).
Line Items 26-31 Itemize and describe amounts
greater than 15 percent of non-interest income
(Line item 16):
List and describe specific segments of non-interest
income that exceed 15 percent of “total non-interest
income” line item 16 as of the actual 12/31 period.
Line Items 32-37 Itemize and describe amounts
greater than 15 percent of non-interest expense
(Line item 17):
List and describe specific segments of non-interest
expense that exceed 15 percent of “total non-interest
expense” line item 17 as of the actual 12/31 period.
Line Items 38-43 Itemize and describe amounts
greater than 15 percent of all other gains (losses)
(Line item 22):
List and describe specific segments of all other gains
(losses) that exceed 15 percent of “all other gains/losses”
line item 22 as of the actual 12/31 period.

Balance Sheet Schedule
For the Balance Sheet schedule, MDRM codes corresponding to the related FR Y-9C and Call Report line
items are provided for many of the line items. When
applicable, the definitions of the SMB’s, BHC’s, and
SLHC’s projections should map to the definitions outlined by the corresponding MDRM code within the FR
Y-9C and Call Report. The SMB, BHC, or SLHC should
report balances that are tied to the relevant income or
losses reported on the Income Statement schedule.
GEN-10

Line Items 1 through 15 Loans
For each scenario used, input the loan balance projections in the various line items in this schedule, net of any
unearned income. Domestic refers to portfolios in the
domestic U.S. offices (as defined in the FR Y-9C and Call
Report), and International refers to portfolios outside of
the domestic U.S. offices.
Unlike the loan balances reported in the Call Report
Schedule RC-C and FR Y-9C Schedule HC-C, for this
schedule separately report the loans covered by loss
sharing agreements with the FDIC (line 14).4
Line Item 1 First lien mortgages:
Report closed-end loans secured by first liens on 1-4
family residential properties held in domestic offices, as
defined in the FR Y-9C, Schedule HC-C, item 1(c)(2)(a)
and the Call Report, Schedule RC-C, item 1.c.(2)(a), less
relevant loans covered by loss-sharing agreement with
the FDIC (FR Y-9C Schedule HC-M, item 6(a)(1)(c)(2)(a)
and Call Report Schedule RC-M, item 13.a.(1)(c)(2)(a)).
Line Item 2 Closed-end junior liens:
Report closed-end loans secured by junior (i.e., other
than first) liens on 1-4 family residential properties held
in domestic offices, as defined in the FR Y-9C, Schedule
HC-C, item 1(c)(2)(b) and the Call Report, Schedule
RC-C, item 1.c.(2)(b), less relevant loans covered by
loss-sharing agreement with the FDIC (FR Y-9C Schedule HC-M, item 6(a)(1)(c)(2)(b) and Call Report Schedule RC-M, item 13.a.(1)(c)(2)(b)).
Line Item 3 Home equity lines of credit
(HELOCS):
Report the amount outstanding under revolving, openend lines of credit secured by 1-4 family residential
properties held in domestic offices, as defined in the FR
Y-9C, Schedule HC-C, item 1(c)(1) and the Call Report,
Schedule RC-C, item 1.c.(1), less relevant loans covered
by loss-sharing agreement with the FDIC (FR Y-9C
Schedule HC-M, item 6(a)(1)(c)(1) and Call Report
Schedule RC-M, item 13.a.(1)(c)(1)).
4. For more information, refer to Schedule RC-M Item No. 13 in the
Call Report instructions (Assets covered by loss-sharing agreements with
the FDIC).
FR Y-16
General Instructions July 2016

General Instructions

Line Item 4 Commercial and industrial (C&I)
loans:
Report all commercial and industrial (C&I) loans, as
defined in the FRY-9C, Schedule HC-C, items 4(a) and
4(b) and the Call Report, Schedule RC-C, item 4 (FFIEC
041) and items 4.a and 4.b (FFIEC 031), less relevant
loans covered by loss-sharing agreement with the FDIC
(FR Y-9C Schedule HC-M, item 6(a)(3) and Call Report
Schedule RC-M, item 13.a.(3)).
Line Item 5 1-4 family construction loans:
Report loans secured by 1-4 family residential construction loans held in domestic offices, as defined in the FR
Y-9C, Schedule HC-C, item 1(a)(1) and the Call Report,
Schedule RC-C, item 1.a.(1), less relevant loans covered
by loss-sharing agreement with the FDIC (FR Y-9C
Schedule HC-M, item 6(a)(1)(a)(1) and Call Report
Schedule RC-M, item 13.a.(1)(a)(1)).
Line Item 6 Other construction loans:
Report construction loans for purposes other than constructing 1-4 family residential properties, land development loans, and all other land loans held in domestic
offices, as defined in the FR Y-9C, Schedule HC-C, items
1(a)(2) and the Call Report, Schedule RC-C, items
1.a.(2), less relevant loans covered by loss-sharing agreement with the FDIC (FR Y-9C Schedule HC-M, item
6(a)(1)(a)(2) and Call Report Schedule RC-M, item
13.a.(1)(a)(2)).
Line Item 7 Multifamily loans:
Report loans secured by multifamily (5 or more) residential properties held in domestic offices, as defined in the
FR Y-9C, Schedule HC-C, item 1(d) and the Call Report,
Schedule RC-C, item 1.d, less relevant loans covered by
loss-sharing agreement with the FDIC (FR Y-9C Schedule HC-M, item 6(a)(1)(d) and Call Report Schedule
RC-M, item 13.a.(1)(d)).
Line Item 8 Non-farm, non-residential
owner-occupied loans:
Report loans secured by owner-occupied non-farm nonresidential properties held in domestic offices, as defined
in the FR Y-9C, Schedule HC-C, item 1(e)(1) and the
Call Report, Schedule RC-C, item 1.e.(1), less relevant
loans covered by loss-sharing agreement with the FDIC
FR Y-16
General Instructions July 2016

(FR Y-9C Schedule HC-M, item 6(a)(1)(e)(1) and Call
Report Schedule RC-M, item 13.a.(1)(e)(1)).
Line Item 9 Non-farm, non-residential other loans:
Report non-farm non-residential real estate loans that are
not secured by owner-occupied non-farm non-residential
properties, held in domestic offices, as defined in the
FR Y-9C, Schedule HC-C, item 1(e)(2) and the Call
Report, Schedule RC-C, item 1.e.(2), less relevant loans
covered by loss-sharing agreement with the FDIC
(FR Y-9C Schedule HC-M, item 6(a)(1)(e)(2) and Call
Report Schedule RC-M, item 13.a.(1)(e)(2)).
Line Item 10 Credit cards:
Report all extensions of credit to individuals for household, family, and other personal expenditures arising
from credit cards, held in domestic offices, as defined in
the FR Y-9C, Schedule HC-C, item 6(a) and the Call
Report, Schedule RC-C, item 6.a,, less relevant loans
covered by loss-sharing agreement with the FDIC
(FR Y-9C Schedule HC-M, item 6(a)(4)(a) and Call
Report Schedule RC-M, item 13.a.(4)(a)).
Line Item 11 Automobile loans:
Report all auto loans held in domestic offices, as defined
in the FR Y-9C, Schedule HC-C, item 6(c) and the Call
Report, Schedule RC-C, item 6.c, less relevant loans
covered by loss-sharing agreement with the FDIC
(FR Y-9C Schedule HC-M, item 6(a)(4)(b) and Call
Report Schedule RC-M, item 13.a.(4)(b)).
Line Item 12 Other consumer loans:
Report all other consumer loans held in domestic offices
not reported in line items 10 or 11, as defined in the
FR Y-9C, Schedule HC-C, items 6(b) and 6(d) and the
Call Report, Schedule RC-C, items 6.b and 6.d, less
relevant loans covered by loss-sharing agreement with
the FDIC (FR Y-9C Schedule HC-M, item 6(a)(4)(c) and
Call Report Schedule RC-M, item 13.a.(4)(c)).
Line Item 13 All other loans and leases:
Report all other loans and leases that have not already
been reported in the loan categories in line items 1
through 12, excluding loans covered by FDIC losssharing agreements (reported in line 14).
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General Instructions

Line Item 14 Loans covered by FDIC loss-sharing
agreements:

4.c.(2)(b), and 5.a and the Call Report, Schedule RC-B
items 4.a.(3), 4.b.(3), 4.c.(1)(b), 4.c.(2)(b), and 5.a.

Report all loans covered by loss-sharing agreements with
the FDIC, as defined in the FR Y-9C, Schedule HC-M
items 6(a)(1) through 6(a)(5) and the Call Report, Schedule RC-M items 13.a.(1)(a)(1) through 13.a.(5).

Line Item 20 All other HTM securities:

Line Item 15 Total loans and leases:
Report the sum of items 1 through 14 above. It is also
defined in the FR Y-9C, Schedule HC-C, item 12 and the
Call Report, Schedule RC-C, Part I, item 12.
Line Item 16 Allowance for loan and lease losses:
Report the allowance for loan and lease losses, as defined
in the FR Y-9C, Schedule HC item 4(c) and the Call
Report, Schedule RC, item 4.c.
Line Items 17 through 21 Securities:
Held-to-maturity (HTM):
For line items 17 through 21, report the amortized cost of
securities held-to-maturity, which corresponds to securities reported in the FR Y-9C, Schedule HC-B column A
and the Call Report, Schedule RC-B, column A.
Line Item 17 U.S. government obligations and
obligations of GSE:
Report securities issued by the U.S. Government and by
U.S. government agencies, as defined in the FR Y-9C,
Schedule HC-B items 1, 2, 4.a.(1), 4.a.(2), 4.b.(1), 4.b.(2),
4.c.(1)(a), and 4.c.(2)(a) and the Call Report, Schedule
RC-B, items 1, 2.a, 2.b, 4.a.(1), 4.a.(2), 4.b.(1), 4.b.(2),
4.c.(1)(a), and 4.c.(2)(a).
Line Item 18 Securities issued by states and
political subdivisions of the U.S.:
Report securities issued by the states and political subdivisions of the U.S., as defined in the FR Y-9C, Schedule
HC-B item 3 and the Call Report, Schedule RC-B, item
3.
Line Item 19 Non-agency MBS and ABS
securities:
Report all mortgage-backed and asset-backed securities
not guaranteed by the U.S. government or issued by a
state or political subdivision of the U.S., as defined in the
FR Y-9C, Schedule HC-B items 4.a.(3), 4.b.(3), 4.c.(1)(b),
GEN-12

Report all other securities that have not already been
reported in the securities categories in line items 17
through 19, as defined in the FR Y-9C, Schedule HC-B
items 5.b and 6 and the Call Report, Schedule RC-B
items 5.b.(1), 5.b.(2), 5.b.(3), 6.a, and 6.b.
Line Item 21 Total HTM securities:
Report the sum of items 17 through 20 above. It is also
defined in the FR Y-9C, Schedule HC, item 2.a and the
Call Report, Schedule RC, item 2.a and Schedule RC-B,
item 8, column A.
Line Items 22 through 26 Securities:
Available-for-sale (AFS):
For line items 22 through 26, report the fair value of
available-for-sale securities, which corresponds to securities reported in the FR Y-9C, Schedule HC-B column D
and the Call Report, Schedule RC-B, column D.
Line Item 22 U.S. government obligations and
obligations of GSE:
Report securities issued by the U.S. Government and by
U.S. government agencies, as defined in the FR Y-9C,
Schedule HC-B items 1, 2, 4.a.(1), 4.a.(2), 4.b.(1), 4.b.(2),
4.c.(1)(a), and 4.c.(2)(a) and the Call Report, Schedule
RC-B, items 1, 2.a, 2.b, 4.a.(1), 4.a.(2), 4.b.(1), 4.b.(2),
4.c.(1)(a), and 4.c.(2)(a).
Line Item 23 Securities issued by states and
political subdivisions of the U.S.:
Report securities issued by the states and political subdivisions of the U.S., as defined in the FR Y-9C, Schedule
HC-B item 3 and the Call Report, Schedule RC-B, item
3.
Line Item 24 Non-agency MBS and ABS
securities:
Report all mortgage-backed and asset-backed securities
not guaranteed by the U.S. government or issued by a
state or political subdivision of the U.S., as defined in the
FR Y-9C, Schedule HC-B items 4.a.(3), 4.b.(3), 4.c.(1)(b),
4.c.(2)(b), and 5.a and the Call Report, Schedule RC-B
items 4.a.(3), 4.b.(3), 4.c.(1)(b), 4.c.(2)(b), and 5.a.
FR Y-16
General Instructions July 2016

General Instructions

Line Item 25 All other AFS securities:

Line Item 33 Wholesale funding:

Report all other securities that have not already been
reported in the securities categories in line items 22
through 24, as defined in the FR Y-9C, Schedule HC-B
items 5.b, 6, and 7 and the Call Report, Schedule RC-B
items 5.b, 6, and 7.

Report all wholesale funding deposits that are captured in
the Call Report, Schedule RC, items 13.b, 14.a, 14.b,
Schedule RC-H, item 5, Schedule RC-E, items M.1.c.(1),
M.1.c.(2) and M.2.d for FFIEC 031 filers; Schedule RC,
14.a, 14.b, 16, Schedule RC-E, items M.1.c.(1), M.1.c.(2)
and M.2.d for FFIEC 041 filers.

Line Item 26 Total AFS securities:

Line Item 27 Trading assets:

BHCs and SLHCs should report on a consolidated basis
federal funds purchased and securities sold under agreements to repurchase, other borrowed money (includes
mortgage indebtedness and obligations under capitalized
leases), fully insured brokered deposits, total time deposits of more than $250,000, and deposits in foreign offices
in line item 33.

Report trading assets, as defined in the FR Y-9C, Schedule HC, item 5 and the Call Report, Schedule RC, item 5.

Line Item 34 Trading liabilities:

Report the sum of items 22 through 25 above. It is also
defined in the FR Y-9C, Schedule HC, item 2.b and the
Call Report, Schedule RC, item 2.b and Schedule RC-B,
item 8, column D.

Line Item 28 Total intangible assets:
Report all goodwill and intangible assets, as defined in
the FR Y-9C, Schedule HC item 10 and the Call Report,
Schedule RC, item 10.a and 10.b.
Line Item 29 Other real estate owned:
Report the net book value of all other real estate owned
(OREO), as defined in the FR Y-9C, Schedule HC-M
item 13 and the Call Report, Schedule RC, item 7.
Line Item 30 All other assets:
Report all other assets that have not been reported in line
items 1 through 29 that comprise total consolidated
assets.
Line Item 31 Total assets:
Report the sum of line items 15, 21, and 26 through 30
above, less line item 16 above. It is also defined in the
FR Y-9C, Schedule HC, item 12 and the Call Report,
Schedule RC, item 12.
Line Item 32 Retail funding:
Report all retail funding deposits that are captured in the
Call Report Schedule RC, item 13.a less Schedule RC-E,
Part I, items M.1.c.(1), M.1.c.(2) and M.2.d..
BHCs and SLHCs should report on a consolidated basis
deposits in domestic offices less time deposits of more
than $250,000 and fully insured brokered deposits in line
item 32.
FR Y-16
General Instructions July 2016

Report all trading liabilities, as defined in the FR Y-9C,
Schedule HC, item 15 and the Call Report, Schedule RC,
item 15.
Line Item 35 All other liabilities:
Report all other liabilities, as item 36 minus items 32, 33,
and 34. Institutions should take into account projected
losses of unfunded loan commitments as they develop
projections for this line item. An allowance for offbalance sheet credit exposures should be recognized in
this line item (and not part of the ALLL).
Line Item 36 Total liabilities:
Report total liabilities, as defined in the FR Y-9C,
Schedule HC, item 21 and the Call Report, Schedule RC,
item 21.
Line Item 37 Perpetual preferred stock and
related surplus:
Report perpetual preferred stock and related surplus, as
defined in the FR Y-9C, Schedule HC, item 23 and the
Call Report, Schedule RC, item 23.
Line Item 38 Equity capital:
Report common stock (par value), as defined in the FR
Y-9C, Schedule HC, item 24 and the Call Report,
Schedule RC, item 24; surplus, as defined in the FR
Y-9C, Schedule HC, item 25 and the Call Report,
Schedule RC, item 25; retained earnings, as defined in
the FR Y-9C, Schedule HC, item 26.a and the Call
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General Instructions

Report, Schedule RC, item 26.a; and other equity capital
components, as defined in the FR Y-9C, Schedule HC,
item 26.b, 26.c, and 27.b and the Call Report, Schedule
RC, item 26.b, 26.c, and 27.b.
Line Item 39 Total equity capital:
Report the sum of line items 37 and 38. It is also defined
in the FR Y-9C, Schedule HC, item 28 and the Call
Report, Schedule RC, item 28.
Balance Sheet Schedule: Capital Section
This section collects projections of components of equity
capital and regulatory capital, components of assets and
liabilities, and deferred tax asset items. When applicable,
the definitions of the SMB’s, BHC’s, and SLHC’s projections should map to the definitions outlined by the
corresponding MDRM code within the FR Y9-C and Call
Report.
The projections should clearly show any proposed capital
actions or other scenario-dependent actions that would
affect the SMB’s, BHC’s, and SLHC’s regulatory capital,
including any assumptions required under the FRB’s
final stress test rule. A BHC or SLHC is required to make
the following assumptions regarding its capital actions
over the planning horizon under the DFA stress test:
(1) For the first quarter of the planning horizon, the BHC
or SLHC must take into account its actual capital
actions as of the end of that quarter; and
(2) For each of the second through ninth quarters of the
planning horizon, a BHC or SLHC must include in
the projections of capital - (i) an assumption of no
redemption or repurchase of any capital instrument
that is eligible for inclusion in the numerator of a
regulatory capital ratio; (ii) an assumption of no
issuances of common stock or preferred stock, except
for issuances related to expensed employee compensation or in connection with a planned merger or
acquisition to the extent that the merger or acquisition is reflected in the company’s pro forma balance
sheet estimates; and (iii) make reasonable assumptions regarding payments of dividends consistent
with internal capital needs and projections.
A BHC, SMB, or SLHC should measure its regulatory
capital levels and regulatory capital ratios for each
quarter in accordance with the rules that would be in
effect during that quarter.
GEN-14

MDRM codes in this section reference both Advanced
Approach and Non-Advanced Approach MDRMs. As
noted, institutions should provide projections consistent
with its quarterly Call Report and FR Y 9-C filings. For
example, if an institution is not subject to an Advanced
Approach capital framework, reporting in this section
will reflect non-advanced approach MDRMs. It is
expected that this will be case for the majority of
organizations filing the FR Y-16 form. Use of Advanced
Approach MDRMs may be utilized in the atypical
instance that an institution is part of a larger company
that is subject to the Advanced Approach capital framework.
Line Item 40 Unrealized gains (losses) on AFS
securities:
Report unrealized gains (losses) on AFS securities, as
defined in the FR Y-9C, Schedule HC-R, Part I, item 9.A
and the Call Report, Schedule RC-R, Part I, item 9.A. Per
the FR Y-9C and Call Report instructions, this line item
represents the amount of net unrealized gains (losses) on
available-for-sale securities, net of applicable taxes, that
is included in Schedule HC, item 26.b. and Schedule RC,
item 26.b, “Accumulated other comprehensive income.”
The reporting of net unrealized gains (losses) on AFS
securities will differ for companies that “opt-out” and for
those that “opt-in” of the requirement to include components of AOCI adjustments (i.e. unrealized holding gains
and losses) in Common Equity Tier 1 Capital.
Opt-out Companies: Report the net unrealized gains
(losses) on AFS securities, as defined in the FR Y-9C,
Schedule HC-R, Part I, item 9.A and the Call Report,
Schedule RC-R, Part I, item 9.A. Per the FR Y-9C and
Call Report instructions, this line item represents the
amount of net unrealized gains (losses) on available-forsale securities, net of applicable taxes, that is included in
Schedule HC, item 26.b. and Schedule RC, item 26.b,
“Accumulated other comprehensive income.”
Opt-In Companies: Advanced approaches institutions
that must “opt-in” and non-advanced approaches companies that decide to “opt-in” must calculate the net unrealized holding gains (losses) on AFS securities and report
actual data for Balance Sheet Statement line item 40.
Line tem 40 will not be derived for AOCI opt-in institutions and must be input manually.
Line Item 41 Deferred tax asset:
Report deferred tax asset, as defined in the FR Y-9C,
Schedule HC-R, Part I, item 8 and the Call Report,
FR Y-16
General Instructions July 2016

General Instructions

Schedule RC-R, Part I, item 8. The description of this
line item in Part I of the Schedules HC-R and RC-R is
“Deferred tax assets (DTAs) that arise from net operating
loss and tax credit carryforwards, net of any related
valuation allowances and net of DTLs.”

Line Item 49 Total assets for leverage purposes:

Line Item 42 Common equity tier 1 capital

Line Item 50 Common equity tier 1 risk-based
capital ratio

Report common equity tier 1 capital, as defined by the
revised capital framework and in the FR Y-9C, Schedule
HC-R, Part I, item 19 and the Call Report, Schedule
RC-R, Part I, item 19.

Report common equity tier 1 risk-based capital ratio, as
defined in the FR Y-9C, Schedule HC-R, Part I, item 41
and the Call Report, Schedule RC-R, Part I, item 41.

Line Item 43 Tier 1 capital:

Line Item 51 Tier 1 risk-based capital ratio:

Report tier-1 capital, as defined in the FR Y-9C, Schedule HC-R, Part I, item 26 and the Call Report, Schedule
RC-R, Part I, item 26.

Report tier 1 risk-based capital ratio, as defined in the
FR Y-9C, Schedule HC-R, Part I, item 42 and the Call
Report, Schedule RC-R, Part I, item 42.

Line Item 44 Allowance includible in tier 2
capital:

Line Item 52 Tier 1 leverage ratio:

Report allowance includible in tier 2 capital, as defined in
the FR Y-9C, Schedule HC-R, Part I, item 30.a and the
Call Report, Schedule RC-R, Part I, item 30.a.

Report total assets for leverage purposes, as defined in
the FR Y-9C, Schedule HC-R, Part I, item 39 and the
Call Report, Schedule RC-R, Part I, item 39.

Report tier 1 leverage ratio, as defined in the FR Y-9C,
Schedule HC-R, Part I, item 44 and the Call Report,
Schedule RC-R, Part I, item 44.
Line Item 53 Total risk-based capital ratio:

Line Item 45 Tier 2 capital:
Report tier 2 capital, as defined in the FR Y-9C, Schedule
HC-R, Part I, item 34.a and the Call Report, Schedule
RC-R, Part I, item 34.a.
Line Item 46 Total capital:
Report total capital, as defined in the FR Y-9C, Schedule
HC-R, Part I, item 35.a and the Call Report, Schedule
RC-R, Part I, item 35.a. The description of this line item
in Part I of the Schedules HC-R and RC-R is “Total
Capital.”
Line Item 47 Total holding company or bank
equity capital:
Report total holding company equity capital, as defined
in the FR Y-9C, Schedule HC, item 27.a and total bank
equity capital as defined in the Call Report, Schedule RC,
item 27.a.
Line Item 48 Risk-weighted assets:
Report risk-weighted assets, as defined in the FR Y-9C,
Schedule HC-R, Part II, item 31 and Part I, item 40.a and
the Call Report, Schedule RC-R, Part II, item 31 and Part
I, item 40.a.
FR Y-16
General Instructions July 2016

Report total risk-based capital ratio, as defined in the
FR Y-9C, Schedule HC-R, Part I, item 43 and the Call
Report, Schedule RC-R, Part I, item 43.
Line Item 54 Sale, conversion, acquisition, or
retirement of capital stock:
Report sale, conversion, acquisition, or retirement of
capital stock, as the sum of and defined in the FR Y-9C,
Schedule HI-A 5.a, 5.b, 6.a, and 6.b and the Call Report,
Schedule RI-A, items 5 and 6. A BHC or SLHC should
assume it will not issue any new common stock or
preferred stock in the second through ninth quarters of
the planning horizon, except for issuances related to
expensed employee compensation or in connection with
a planned merger or acquisition to the extent that the
merger or acquisition is reflected in the company’s pro
forma balance sheet estimates. This line item should be
reported on a quarterly basis.
Line Item 55 Cash dividends declared on
preferred stock:
Report cash dividends declared on preferred stock, as
defined in the FR Y-9C, Schedule HI-A 10 and the Call
Report, Schedule RI-A, item 8. For BHCs and SLHCs,
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General Instructions

this line item should equal the actual dividends paid for
the first quarter of the planning horizon and the stated
dividend payment for the second through ninth quarters
of the planning horizon. This line item should be reported
on a quarterly basis.
Line Item 56 Cash dividends declared on common
stock:

Report, Schedule RI-A, item 9. For BHCs and SLHCs,
this line item should equal the actual dividends paid for
the first quarter of the planning horizon and make
reasonable assumptions regarding payments of dividends
consistent with internal capital needs and projections for
the second through ninth quarters of the planning horizon. This line item should be reported on a quarterly
basis.

Report cash dividends declared on common stock, as
defined in the FR Y-9C, Schedule HI-A 11 and the Call

GEN-16

FR Y-16
General Instructions July 2016

QUALITATIVE SUPPORTING
INFORMATION
APPENDIX A

Each SMB, BHC, and SLHC is required under the final
stress test rule to submit a summary of the qualitative
information supporting its projections. Supporting information should include sufficient information to inform a
third party of an institution’s general approach and
assumptions, but remain summary in nature. Companies
should provide appropriate references to internal documents that provide more detail and support for the items
to be discussed in the submission, such as detail that
supports model documentation that examination staff
may review during an on or offsite follow-up. All companies must submit the qualitative supporting information in Adobe Acrobat PDF format.
The qualitative supporting information summary file
should be titled as
“ReportID_RSSD_SUMMARY_MMDDYY”.
• The “ReportID” in the file name should be as follows
for the following respondents:

requested and reviewed as part of the supervisory process. Sections that should be addressed in the summary
document are listed below, as well as a description of
items that should be included.
1. Summary and Governance
Executive summary, general risk overview, including a
description of the risks used in the stress test; summary
reports describing the stress testing process, senior management and board roles; internal governance and model
risk management practices; and any other items related to
the overall process. Each institution should describe how
senior management provided the board of directors with
sufficient information to facilitate the board’s full understanding of the stress testing used by the bank and allow
for the appropriate level of challenge of assumptions and
outcomes.

o “FRY16” for BHCs, SLHCs, and SMBs

In addition, the following subsections (1.A through 1.D)
should be included as part of the summary and governance section:

o “OCCDFAST1050” for national banks and savings
banks

A. Description of the Types of Risks Included in the
Stress Test

o “FDICDFAST1050” for nonmember banks and state
savings banks

For each part of the Results schedule and the Scenario
Variables schedule, each institution should submit supporting qualitative information that clearly describes the
types of risks and exposures captured in the stress test
scenarios for all lines of business and activities. This
includes information about risks that may threaten or
adversely affect the institution’s capital position through
increased losses, reduced revenues, and changes in the
balance sheet or risk-weighted assets. The information
should discuss the extent to which risks are wholly or
only partially covered by the stress tests (for example, if
not all aspects of interest rate risk are captured by the
tests with the given scenarios provided).

• The “RSSD” in the file name is the institution specific
identifier for a respondent.
• The “MMDDYY” should be the as-of date of the stress
test cycle (for example, 123116 for the 2017 stress test
cycle).
The purpose of the summary document is to provide an
overview of the stress testing process as required in the
Agencies’ final stress test rules and as is repeated in
Appendix A. Significant detailed information, such as
program language coding that accompanies model estimations (for example, SAS coding) should not be included
in the summary document. Detailed documents will be
Qualitative Supporting Information
Appendix A July 2017

APP-A-1

APPENDIX A

B. Summary Description of the Methodologies used in
the Stress Test

on forecasted loss estimates relative to historical performance should be clearly explained.

For each part of the Results schedule and the Scenario
Variables schedule, the SMB, BHC, or SLHC should
submit supporting information that clearly describes the
methodology used to produce the projections. Each SMB,
BHC, or SLHC should include a summary description of
how it translated the macroeconomic and financial variables from the supervisory scenarios into its projections
and technical details of any underlying statistical methods used. Information should be provided for all elements of the stress tests, including loss estimation,
revenue estimation, projections of the balance sheet and
risk-weighted assets, and capital levels and ratios. Where
judgment is an essential part of the projection, each
institution should describe the rationale and magnitude,
as well as the process involved to ensure consistency of
projections with scenario conditions. Furthermore, the
institutions should include thorough discussion of any
material deviations from these instructions and how they
decided upon the materiality of such deviations.

Institutions should provide summary information on the
specific assumptions used to calculate regulatory capital,
including a discussion of any proposed capital distributions. When appropriate, clearly state assumptions related
to the corporate tax rate and the projection of the deferred
tax assets. In situations where the SMB, BHC, or SLHC
choose not to project components of the balance sheet,
those components should be held constant at the last
current level and the SMB, BHC, or SLHC should
explain why the held constant assumption is appropriate
in the given scenario.

Discussion of methodologies should be consistent with
expectations in existing supervisory guidance on stress
testing issued by the agencies. In particular, the institution should provide a summary of the design, theory, and
logic underlying the methodologies used.
If third-party models are used, an institution should
provide summary information about those models, including model design, key assumptions, known limitations,
and implementation and execution.
Each SMB, BHC, or SLHC should provide credible
support for all key assumptions used to derive loss and
revenue estimates, including assumptions related to the
components of loss, severity of loss, drivers of revenue,
and any known weaknesses in the translation of assumptions into loss and revenue estimates. Each institution
should demonstrate that these assumptions are clearly
conditioned on the stated macroeconomic and financial
scenarios and are consistent with stated business strategies including but not limited to mergers, acquisitions, or
divestitures of business lines or entities and changes in
strategic direction. If the institution’s models rely upon
historical relationships, describe the historical data used
and clearly describe why these relationships are expected
to be maintained in each scenario. The impact of assumptions concerning new growth or changes to credit policy
APP-A-2

Each SMB, BHC, and SLHC should submit any other
summary information and documentation necessary to
support or explain its capital calculations. For example,
an institution could show the calculations related to the
projections of the deferred tax asset for regulatory capital
purposes.
While judgment is an essential part of risk measurement
and risk management, including loss forecasting, institutions should not be over-reliant on judgment to prepare
their loss estimations without providing documentation
or evidence of transparency and discipline around the
process. Each SMB, BHC, and SLHC should provide
support for any judgment applied or qualitative adjustments made and explain how they are appropriate and in
line with scenario conditions.
C. Explanation of the Most Significant Causes for the
Changes in Regulatory Capital Ratios
For each part of the Results schedule and the Scenario
Variables schedule, each SMB, BHC, and SLHC should
provide a clear explanation of the changes in regulatory
capital ratios from the stress test scenarios over the
planning horizon. For instance, an institution may indicate that a major component of the reduction in regulatory capital ratios resulted from deterioration in the
quality of its retail credit exposures over the planning
horizon. The explanation should take into account the
risks identified and describe the changes in capital by
material income statement and balance sheet statement
line items affected by the stress test scenario.
D. Use of Stress Test Results
Companies should provide summary information as to
how they use these stress test results in the normal course
of business, including in the capital planning, assessment
Qualitative Supporting Information
APPENDIX A July 2016

APPENDIX A

of capital adequacy, and risk management practices of
the company. This summary should describe the manner
in which the stress test is used for key decisions about
capital adequacy, including capital actions and capital
contingency plans. The company should indicate the
extent to which this stress test is used in conjunction with
other capital assessment tools, especially if the stress test
may not necessarily capture a company’s full range of
risks, exposures, activities, and vulnerabilities that have
the potential to affect capital adequacy. In addition, a
company should include summary information as to how
post-stress capital results remain aligned with its internal
capital goals. The company should mention any cases in
which post-stress capital results are not aligned with a
company’s internal capital goals, and describe options
that senior management and the board would consider to
bring them into alignment.

items 1 to 16 and Income Statement schedule line items
1 to 14.

2. Scenarios

7. Balance Sheet

Summary of the methodology, models, and validation
activities related to the process used to translate macro
variables, including the use of additional scenario variables, if applicable. If additional scenario variables are
used beyond the supervisory scenario variables provided
by the Agencies, each respondent should complete the
scenario variables schedule as previously indicated in the
reporting instructions.

Summary methodology, model, and validation activities
related to the balance sheet estimation, such as loan
balances. This information should support Balance Sheet
schedule line items 1 to 39.

In addition, each institution should include summary
information supporting any additional scenario variables
used to conduct the DFA stress tests. The information
should detail the rationale behind including additional
scenario variables and the process for projecting additional variables, including the linkage with the macroeconomic and financial scenarios provided by the FRB.
3. Capital
Summary of the methodology, models, and validation
activities related to regulatory capital, explanations of
proposed capital actions, options to maintain internally
established capital goals on a post-stress basis, and an
explanation of causes for changes in regulatory capital
ratios. This information should support the Balance Sheet
schedule line items 40 to 54.
4. Loans
Summary of the methodology, model, and validation
activities related to each loan portfolio reported in total
loans and leases, including the associated ALLL. This
information should support Balance Sheet schedule line
Qualitative Supporting Information
APPENDIX A July 2016

5. Securities
Summary of methodology, model, and validation activities related to the projections of HTM and AFS security
balances, unrealized losses, and OTTI. This information
should support Balance Sheet schedule line items 17 to
26 and Income Statement schedule line items 20 to 22
and 25.
6. Pre-provision Net Revenue
Summary of methodology, model, and validation activities related to the estimates of net interest income,
margins, fees, funding costs and related items. This
information should support Income Statement schedule
line items 15 to 18.

The summary qualitative supporting information should
not include embedded files and should be submitted in
Adobe Acrobat PDF format. The file size limit is 50 MB.
If the file needs to be split up into smaller files, the
combined file size limit is 200 MB. When submitting
multiple files in order to meet the file size limit, the file
name should indicate the content of files submitted using
the seven qualitative supporting information summary
categories discussed above.
Example 1:
“ReportID_RSSD_SUMMARY_SUMMARY_
AND_GOVERNANCE_TO_CAPITAL_MMDDYY”
and “ReportID_RSSD_SUMMARY_LOANS_TO_BALANCE SHEET_MMDDYY”;
Example 2:
“ReportID_RSSD_SUMMARY_SUMMARY_
AND_GOVERNANCE_TO_CAPITAL_MMDDYY”
and “ReportID_RSSD_SUMMARY_LOANS_MMDDYY” and
“ReportID_RSSD_SUMMARY_SECURITIES_MMDDYY” and
“ReportID_RSSD_SUMMARY_PREPROVISION_NET_REVENUE_AND_BALANCE
SHEET_MMDDYY”.

APP-A-3