Consolidated Financial Statements for Holding Companies (non AA HCs)

Board of Governors of the Federal Reserve System

Instructions for Preparation of

Consolidated Financial Statements for
Holding Companies
Reporting Form FR Y-9C
Effective September 2018

Contents for
Y-9C Instructions

Organization of the Instruction Book
The instruction book is divided into three sections:
(1) The General Instructions describing overall reporting requirements.
(2) The Line Item Instructions for each schedule of
the report for the consolidated holding company.
(3) The Glossary presenting, in alphabetical order, definitions and discussions of accounting treatments
under generally accepted accounting principles
(GAAP) and other topics that require more extensive
treatment than is practical to include in the line item
instructions or that are relevant to several line items
or to the overall preparation of these reports.
In determining the required treatment of particular transactions or portfolio items or in determining the defini-

FR Y-9C
Contents March 2013

tions and scope of the various items, the General Instructions, the line item instructions, and the Glossary (all of
which are extensively cross-referenced) must be used
jointly. A single section does not necessarily give the
complete instructions for completing all the items of the
reports. The instructions and definitions in section (2) are
not necessarily self-contained; reference to more detailed
treatments in the Glossary may be needed. However, the
Glossary is not, and is not intended to be, a comprehensive discussion of accounting principles or
reporting.
Additional copies of this instruction book may be obtained
from the Federal Reserve Bank in the district where the
reporting holding company submits its FR Y-9C reports,
or may be found on the Federal Reserve Board’s public
website (www.federalreserve.gov).

Contents-1

Contents

GENERAL INSTRUCTIONS FOR PREPARATION OF FINANCIAL STATEMENTS
FOR HOLDING COMPANIES
Who Must Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A. Reporting Criteria . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
B. Exemptions from Reporting the Holding Company Statements . . . . . . . . . . . . . . . . . . . . . . .
C. Shifts in Reporting Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GEN-1
GEN-1
GEN-2
GEN-2

Where to Submit the Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GEN-2

When to Submit the Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GEN-3

How to Prepare the Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
A. Applicability of GAAP, Consolidation Rules and SEC Consistency . . . . . . . . . . . . . . . . . .
Scope of the ‘‘consolidated holding company’’ to be reported in the
submitted reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Rules of consolidation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reporting by type of office (for holding companies with foreign offices) . . . . . . . . . . . . . .
Exclusions from coverage of the consolidated report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
B. Report Form Captions, Non-applicable Items and Instructional Detail . . . . . . . . . . . . . . . .
C. Rounding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
D. Negative Entries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E. Confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F. Verification and Signatures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
G. Amended Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GEN-3
GEN-3

Contents-2

GEN-3
GEN-3
GEN-4
GEN-4
GEN-4
GEN-5
GEN-6
GEN-6
GEN-6
GEN-7

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Contents June 2013

Contents

LINE ITEM INSTRUCTIONS FOR THE CONSOLIDATED FINANCIAL STATEMENTS
FOR HOLDING COMPANIES
Schedule HI—Consolidated Income Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
HI-1
Schedule HI-A—Changes in Equity Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
HI-A-1
Schedule HI-B—Charge-Offs and Recoveries on Loans and Leases and Changes
in Allowance for Loan and Lease Losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
HI-B-1
Schedule HI-C—Disaggregated Data on the Allowance for Loan and Lease Losses . . . . . . . .
HI-C-1
Notes to the Income
- Statement—Predecessor Financial Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ISnotes-P-1
Notes to the Income Statement—Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ISnotes-1
Schedule HC—Consolidated Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-B—Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-C—Loans and Lease Financing Receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-D—Trading Assets and Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-E—Deposit Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-F—Other Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-G—Other Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-H—Interest Sensitivity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-I—Insurance-Related Underwriting Activities (Including Reinsurance) . . . . . .
Schedule HC-K—Quarterly Averages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-L—Derivatives and Off-Balance Sheet Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-M—Memoranda . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-N—Past Due and Nonaccrual Loans, Leases, and Other Assets . . . . . . . . . . . . . .
Schedule HC-P—Closed-End 1-4 Family Residential Mortage Banking Activities. . . . . . . . . .
Schedule HC-Q—Financial Assets and Liabilities Measured at Fair Value . . . . . . . . . . . . . . . . .
Schedule HC-R—Regulatory Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule HC-S—Servicing, Securitization, and Asset Sale Activities . . . . . . . . . . . . . . . . . . . . .
Schedule HC-V—Variable Interest Entities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

HC-1
HC-B-1
HC-C-1
HC-D-1
HC-E-1
HC-F-1
HC-G-1
HC-H-1
HC-I-1
HC-K-1
HC-L-1
HC-M-1
HC-N-1
HC-P-1
HC-Q-1
HC-R-1
HC-S-1
HC-V-1

Notes to the Balance
Sheet—Predecessor Financial Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BSnotes-P-1
Notes to the Balance Sheet—Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BSnotes-1

FR Y-9C
Contents March 2013

Contents-3

Contents

GLOSSARY
Acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting Changes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting Errors, Corrections of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting Estimates, Changes in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting Principles, Changes in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accrued Interest Receivable Related to Credit Card Securitizations . . . . . . . . . . . . . . . . . . . . . . .
Acquisition, Development, or Construction (ADC) Arrangements . . . . . . . . . . . . . . . . . . . . . . . . .
Agreement Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Allowance for Loan and Lease Losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Applicable Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Associated Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ATS Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Bankers’ Acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Bank-Owned Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Banks, U.S. and Foreign . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Bill-of-Lading Draft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Borrowings and Deposits in Foreign Offices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Brokered Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Brokered Retail Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Broker’s Security Draft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Business Combinations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Call Option . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Capital Contributions of Cash and Notes Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Capitalization of Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Carrybacks and Carryforwards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Certificate of Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Changes in Accounting Estimates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Changes in Accounting Principles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial Banks in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commercial Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Commodity or Bill-of-Lading Draft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Common Stock of Unconsolidated Subsidiaries, Investments in . . . . . . . . . . . . . . . . . . . . . . . . . . .
Continuing Contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Contractholder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Corporate Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Contents-4

GL- 1
GL- 1
GL- 3
GL- 3
GL- 3
GL- 3
GL- 4
GL- 4
GL- 4
GL- 6
GL- 6
GL- 6
GL- 6
GL- 9
GL- 9
GL-11
GL-11
GL-11
GL-11
GL-12
GL-12
GL-15
GL-15
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16
GL-16

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Contents March 2016

Contents

Corrections of Accounting Errors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Coupon Stripping, Treasury Receipts, and STRIPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Custody Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dealer Reserve Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Debt Issuance Cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Deferred Compensation Agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Deferred Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Defined Benefit Post Retirement Plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Demand Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Depository Institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Derivative Contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Discounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Domestic Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Domicile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Due Bills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Edge and Agreement Corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Equity-Indexed Certificates of Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Equity Method of Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Excess Balance Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Extinguishments of Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fails . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fair Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Federal Funds Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Federally-Sponsored Lending Agency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Fees, Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreclosed Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign Central Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign Currency Transactions and Translation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign Debt Exchange Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign Governments and Official Institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Forward Contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Functional Currency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Futures, Forward, and Standby Contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
FR Y-9C
Contents March 2017

GL-17
GL-17
GL-17
GL-17
GL-17
GL-18
GL-20
GL-20
GL-20
GL-20
GL-21
GL-27
GL-32
GL-33
GL-32
GL-33
GL-33
GL-33
GL-33
GL-35
GL-35
GL-36
GL-36
GL-37
GL-37
GL-38
GL-38
GL-38
GL-44
GL-44
GL-44
GL-45
GL-46
GL-47
GL-47
GL-47
GL-47
GL-47
Contents-5

Contents

Hypothecated Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
IBF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Insurance Commissions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Insurance Premiums . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Insurance Underwriting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Intangible Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Interest-Bearing Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Interest Capitalization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Internal-Use Computer Software . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
International Banking Facility (IBF) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Investments in Common Stock of Unconsolidated Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . .
Joint Venture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Lease Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Limited-Life Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Loan Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Loan Impairment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Loans Secured By Real Estate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Loss Contingencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mandatory Convertible Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Market (Fair)Value of Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mergers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Money Market Deposit Account (MMDA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Mortgages, Residential, Participations in Pools of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NOW Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nonaccrual Status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Noninterest-Bearing Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Nontransaction Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Notes and Debentures Subordinated to Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Offsetting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
One-Day Transaction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Option . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Organization Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other Real Estate Owned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other-Than-Temporary Impairment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Overdraft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Contents-6

GL-50
GL-50
GL-50
GL-56
GL-56
GL-56
GL-56
GL-56
GL-56
GL-56
GL-57
GL-58
GL-58
GL-58
GL-59
GL-60
GL-60
GL-61
GL-63
GL-63
GL-65
GL-66
GL-66
GL-66
GL-66
GL-66
GL-66
GL-66
GL-69
GL-69
GL-69
GL-69
GL-70
GL-70
GL-70
GL-70
GL-70
GL-70

FR Y-9C
Contents September 2018

Contents

Participations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Participations in Acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Participations in Pools of Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pass-through Reserve Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Perpetual Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Perpetual Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Policyholder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pooling of Interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pools of Residential Mortgages, Participations in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pools of Securities, Participations in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Preauthorized Transfer Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Preferred Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Premiums and Discounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Private Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Public Business Entity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Purchase Acquisition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Purchased Impaired Loans and Debt Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Put Option . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Real Estate, Loan Secured by . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reciprocal Balances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reinsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reinsurance Recoverables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Renegotiated “Troubled” Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Repurchase Agreements to Maturity and Long-Term Repurchase Agreements . . . . . . . . . . . . .
Repurchase/Resale Agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reserve Balances, Pass-through . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Revenue from Contracts with Customers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Sales of Assets for Risk-Based Capital Purposes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Savings Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Securities Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Securities Borrowing/Lending Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Securities, Participations in Pools of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Separate Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Servicing Assets and Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Settlement Date Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Shell Branches . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Short Position . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Standby Contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
FR Y-9C
Contents September 2018

GL-71
GL-71
GL-71
GL-71
GL-71
GL-71
GL-71
GL-71
GL-71
GL-71
GL-71
GL-71
GL-72
GL-72
GL-72
GL-73
GL-73
GL-75
GL-75
GL-75
GL-75
GL-75
GL-76
GL-76
GL-76
GL-77
GL-77
GL-78
GL-81
GL-81
GL-83
GL-84
GL-84
GL-84
GL-86
GL-86
GL-86
GL-86
Contents-7

Contents

Standby Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Start-Up Activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
STRIPS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Subordinated Notes and Debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
“Super NOW” Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Suspense Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Syndications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Telephone Transfer Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Term Federal Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Time Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trade Date and Settlement Date Accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trading Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transaction Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Transfers of Financial Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Traveler’s Letter of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Treasury Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Troubled Debt Restructuring . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trust Preferred Securities as Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Trust Preferred Securities Issued . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
U.S. Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
U.S. Territories and Possessions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Valuation Allowance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Variable Interest Entity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
When-Issued Securities Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yield Maintenance Dollar Repurchase Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
FR Y-9C Checklist for Verifying Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
FR Y-9C Federal Reserve Edits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Contents-8

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GL-86
GL-87
GL-87
GL-87
GL-88
GL-88
GL-88
GL-88
GL-88
GL-88
GL-88
GL-88
GL-90
GL-90
GL-94
GL-94
GL-95
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GL-97
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CHK-1
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FR Y-9C
Contents September 2018

INSTRUCTIONS FOR PREPARATION OF

Financial Statements for
Holding Companies
For purposes of this report, all references to ‘‘bank(s)’’ and ‘‘associated bank(s)’’ are
inclusive of ‘‘savings association(s)’’ unless otherwise noted.

GENERAL INSTRUCTIONS
Who Must Report
A. Reporting Criteria
All bank holding companies, savings and loan holding
companies,1 securities holding companies and U.S. intermediate holding companies (collectively “holding companies”), regardless of size, are required to submit financial statements to the Federal Reserve, unless specifically
exempted (see description of exemptions below).
The specific reporting requirements for each holding
company depend upon the size of the holding company,
or other specific factors as determined by the appropriate
Federal Reserve Bank. Holding companies must file the
appropriate forms as described below:
(1) Holding Companies with Total Consolidated Assets
of $3 billion or More. Holding companies with total
consolidated assets of $3 billion or more (the top tier
of a multi-tiered holding company, when applicable)
must file:
(a) the Consolidated Financial Statements for Holding Companies (FR Y-9C) quarterly, as of the last
calendar day of March, June, September, and
December.
(b) the Parent Company Only Financial Statements
for Large Holding Companies (FR Y-9LP) quarterly, as of the last calendar day of March, June,
September, and December.
1. Savings and loan holding companies (SLHCs) do not include any
trust (other than a pension, profit-sharing, stockholders’ voting, or business
trust) which controls a savings association if such trust by its terms must
terminate within 25 years or not later than 21 years and 10 months after the
death of individuals living on the effective date of the trust, and (a) was in
existence and in control of a savings association on June 26, 1967, or, (b) is
a testamentary trust. See Section 238.2 of the interim final rule for more
information.
FR Y9C
General Instructions September 2018

Each holding company that files the FR Y-9C
must submit the FR Y-9LP for its parent company.
For tiered holding companies. When holding companies with total consolidated assets of $3 billion, or
more, own or control, or are owned or controlled by,
other holding companies (i.e., are tiered holding
companies), only the top-tier holding company must
file the FR Y-9C for the consolidated holding company organization unless the top-tier holding company is exempt from reporting the FR Y-9C. If a
top-tier holding company is exempt from reporting
the FR Y-9C, then the lower-tier holding company
(with total consolidated assets of $3 billion or more)
must file the FR Y-9C.
In addition, such tiered holding companies, regardless of the size of the subsidiary holding companies,
must also submit, or have the top-tier holding company subsidiary submit, a separate FR Y-9LP for
each lower-tier holding company of the top-tier
holding company.
(2) Holding Companies that are Employee Stock Ownership Plans. Holding companies that are employee
stock ownership plans (ESOPs) as of the last calendar
day of the calendar year must file the Financial
Statements for Employee Stock Ownership Plan Holding Companies (FR Y-9ES) on an annual basis, as of
December 31. No other FR Y-9 series form is required.
However, holding companies that are subsidiaries of
ESOP holding companies (i.e., a tiered holding company) must submit the appropriate FR Y-9 series in
accordance with holding company reporting requirements.
(3) Holding Companies with Total Consolidated Assets
of Less Than $3 billion. Holding companies with
total consolidated assets of less than $3 billion must
file the Parent Company Only Financial Statements
for Small Holding Companies (FR Y-9SP) on a
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General Instructions

semiannual basis, as of the last calendar day of June
and December.2
For tiered holding companies. When holding companies with total consolidated assets of less than
$3 billion, own or control, or are owned or controlled
by, other holding companies (i.e., are tiered holding
companies), the top-tier holding company must file
the FR Y-9SP for the top-tier parent company of the
holding company. In addition, such tiered holding
companies must also submit, or have the holding
company subsidiary submit, a separate FR Y-9SP for
each lower-tier holding company.
When a holding company that has total consolidated
assets of less than $3 billion is a subsidiary of a
holding company that files the FR Y-9C, the holding
company that has total consolidated assets of less
than $3 billion would report on the FR Y-9LP rather
than the FR Y-9SP.
The instructions for the FR Y-9LP, FR Y-9ES, and the
FR Y-9SP are not included in this booklet but may be
obtained from the Federal Reserve Bank in the district
where the holding company files its reports, or may be
found on the Federal Reserve Board’s public website
(www.federalreserve.gov/apps/reportforms).

B. Exemptions from Reporting the
Holding Company Financial
Statements
The following holding companies do not have to file
holding company financial statements:

2. The Reserve Bank with whom the reporting holding company files its
reports may require that a holding company with total consolidated assets
of less than $3 billion submit the FR Y-9C and the FR Y-9LP reports to
meet supervisory needs. Reserve Banks will consider such criteria including, but not limited to, whether the holding company (1) is engaged in
significant nonbanking activities either directly or through a nonbank
subsidiary; (2) conducts significant off-balance-sheet activities, including
securitizations or managing or administering assets for third parties, either
directly or through a nonbank subsidiary; or (3) has a material amount of
debt or equity securities (other than trust preferred securities) outstanding
that are registered with the Securities and Exchange Commission.
In addition, any holding company that is not subject to the Federal
Reserve’s Capital Adequacy Guidelines, but nonetheless elects to comply
with the guidelines, are required to file a complete FR Y-9C and FR Y-9LP
report, and generally would not be permitted to revert back to filing the FR
Y-9SP report in any subsequent periods.

GEN-2

(1) a holding company that has been granted an exemption under Section 4(d) of the Bank Holding Company Act; or
(2) a ‘‘qualified foreign banking organization’’ as defined
by Section 211.23(a) of Regulation K (12 CFR
211.23(a)) that controls a U.S. subsidiary bank.
Holding companies that are not required to file under the
above criteria may be required to file this report by the
Federal Reserve Bank of the district in which they are
registered.

C. Shifts in Reporting Status
A top-tier holding company that reaches $3 billion or
more in total consolidated assets as of June 30 of the
preceding year must begin reporting the FR Y-9C and the
FR Y-9LP in March of the current year, and any lowertier holding companies must begin reporting the FR
Y-9LP in March of the current year. If a top-tier holding
company reaches $3 billion or more in total consolidated
assets due to a business combination, a transaction
between entities under common control, or a branch
acquisition that is not a business combination, then the
holding company must begin reporting the FR Y-9C and
the FR Y-9LP with the first quarterly report date following the effective date of the business combination, a
transaction between entities under common control, or
branch acquisition, and any lower-tier holding companies
must begin reporting the FR Y-9LP with the first quarterly report date following the effective date. In general,
once a holding company reaches or exceeds $3 billion in
total consolidated assets and begins filing the FR Y-9C
and FR Y-9LP, it should file a complete FR Y-9C and FR
Y-9LP going forward (and any lower-tier holding companies should file a complete FR Y-9LP going forward).
If a holding company’s total consolidated assets should
subsequently fall to less than $3 billion for four consecutive quarters, then the holding company may revert to
filing the FR Y-9SP (and any lower-tier holding companies in those organizations may revert to filing the FR
Y-9SP).

Where to Submit the Reports
Electronic Submission
All holding companies must submit their completed
reports electronically. Holding companies should contact
their district Reserve Bank or go to www.frbservices.org/
FR Y9C
General Instructions September 2018

General Instructions

centralbank/reportingcentral/index.html for procedures
for electronic submission.

When to Submit the Reports
The Consolidated Financial Statements for Holding Companies (FR Y-9C) are required to be submitted as of
March 31, June 30, September 30, and December 31. The
submission date for holding companies is 40 calendar
days after the March 31, June 30, and September 30 as of
dates unless that day falls on a weekend or holiday
(subject to timely filing provisions). The submission date
for holding companies is 45 calendar days after the
December 31 as of date. For example, the June 30 report
must be received by August 9, and the December 31 report
by February 14.
The term ‘‘submission date’’ is defined as the date by
which the Federal Reserve must receive the holding
company’s FR Y-9C.
If the submission deadline falls on a weekend or holiday,
the report must be received on the first business day after
the Saturday, Sunday, or holiday. Earlier submission aids
the Federal Reserve in reviewing and processing the
reports and is encouraged. No extensions of time for
submitting reports are granted.
The reports are due by the end of the reporting day on
the submission date (5:00 P.M. at each district Reserve
Bank).

How to Prepare the Reports
A. Applicability of GAAP, Consolidation
Rules and SEC Consistency
Holding companies are required to prepare and file the
Consolidated Financial Statements for Holding Companies in accordance with generally accepted accounting
principles (GAAP) and these instructions. All reports
shall be prepared in a consistent manner. The holding
company’s financial records shall be maintained in such a
manner and scope so as to ensure that the Consolidated
Financial Statements for Holding Companies can be
prepared and filed in accordance with these instructions
and reflect a fair presentation of the holding company’s
financial condition and results of operations.
Holding companies should retain workpapers and other
records used in the preparation of these reports.
FR Y9C
General Instructions March 2016

A holding company that is a private company, as defined
in U.S. GAAP (and discussed in the Glossary entry for
“public business entity”), is permitted to use private
company accounting alternatives issued by the FASB
when preparing its FR Y-9C report. If the Federal
Reserve determines that a particular accounting principle
within U.S. GAAP, including a private company accounting alternative, is inconsistent with the statutorily specified supervisory objectives, the Federal Reserve may
prescribe an accounting principle for regulatory reporting
purposes that is no less stringent than U.S. GAAP. In such
a situation, a holding company would not be permitted to
use that particular private company accounting alternative or other accounting principle within U.S. GAAP for
FR Y-9C purposes. The Federal Reserve would provide
appropriate notice in the event an accounting alternative
or accounting principle was disallowed.
Subsequent Events
Subsequent events are events or transactions that occur
after the FR Y-9C balance sheet date, e.g., December 31,
but before the FR Y-9C report is filed. Consistent with
ASC Topic 855, Subsequent Events (formerly FASB
Statement No. 165 ‘‘Subsequent Events’’), an institution
shall recognize in the FR Y-9C report the effects of all
subsequent events (not addressed in other ASC Topics)
that provide additional evidence about conditions that
existed at the date of the FR Y-9C balance sheet (Schedule HC) including the estimates inherent in the process of
preparing the FR Y-9C report e.g., a loss that has been
incurred but not yet confirmed as of the FR Y-9C report
balance sheet date.

Scope of the ‘‘consolidated holding
company’’ to be reported in the submitted
reports
For purposes of this report, the holding company should
consolidate its subsidiaries on the same basis as it does
for its annual reports to the SEC or, for those holding
companies that do not file reports with the SEC, on the
same basis as described in generally accepted accounting
principles (GAAP). Generally, under the rules for consolidation established by the SEC and by GAAP, holding
companies should consolidate any company in which it
owns more than 50 percent of the outstanding voting
stock.
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General Instructions

Each holding company shall account for any investments
in unconsolidated subsidiaries, associated companies,
and those corporate joint ventures over which the holding
company exercises significant influence according to the
equity method of accounting, as prescribed by GAAP.
The equity method of accounting is described in Schedule HC, item 8. (Refer to the Glossary entry for ‘‘subsidiaries’’ for the definitions of the terms subsidiary, associated company, and corporate joint venture.)

Rules of Consolidation
For purposes of these reports, all offices (i.e., branches,
subsidiaries, VIEs, and IBFs) that are within the scope of
the consolidated holding company as defined above are
to be reported on a consolidated basis. Unless the instructions specifically state otherwise, this consolidation shall
be on a line-by-line basis, according to the caption
shown. As part of the consolidation process, the results of
all transactions and all intercompany balances (e.g.,
outstanding asset/debt relationships) between offices,
subsidiaries, and other entities included in the scope of
the consolidated holding company are to be eliminated in
the consolidation and must be excluded from the Consolidated Financial Statements for Holding Companies. (For
example, eliminate in the consolidation (1) loans made
by the holding company to a consolidated subsidiary and
the corresponding liability of the subsidiary to the holding company, (2) a consolidated subsidiary’s deposits in
another holding company consolidated subsidiary and the
corresponding cash or interest-bearing asset balance of
the subsidiary, and (3) the intercompany interest income
and expense related to such loans and deposits of the
holding company and its consolidated subsidiary.)
Exception: For purposes of reporting the total assets of
captive insurance and reinsurance subsidiaries in Schedule HC-M, Memoranda, items 7(a) and 7(b), only, holding companies should measure the subsidiaries’ total
assets before eliminating intercompany transactions
between the consolidated subsidiary and other offices or
subsidiaries of the consolidated holding company. Otherwise, captive insurance and reinsurance subsidiaries
should be reported on a consolidated basis as described in
the preceding paragraph.
Subsidiaries of Subsidiaries. For a subsidiary of a holding company that is in turn the parent of one or more
subsidiaries:
GEN-4

(1) Each subsidiary shall consolidate its majority-owned
subsidiaries in accordance with the consolidation
requirements set forth above.
(2) Each subsidiary shall account for any investments in
unconsolidated subsidiaries, corporate joint ventures
over which the holding company exercises significant influence, and associated companies according
to the equity method of accounting.
Noncontrolling (minority) interests. A noncontrolling
interest, sometimes called a minority interest, is the
portion of equity in a holding company’s subsidiary not
attributable, directly or indirectly, to the parent holding
company. Report noncontrolling interests in the reporting
holding company’s consolidated subsidiaries in Schedule
HC, item 27(b), ‘‘Noncontrolling (minority) interests in
consolidated subsidiaries.’’ Report the portion of consolidated net income reported in Schedule HI, item 12, that is
attributable to noncontrolling interests in consolidated
subsidiaries of the holding company in Schedule HI, item
13.

Reporting by type of office (for holding
companies with foreign offices)
Some information in the Consolidated Financial Statements for Holding Companies are to be reported by type
of office (e.g., for domestic offices or for foreign offices)
as well as for the consolidated holding company. Where
information is called for by type of office, the information
reported shall be the office component of the consolidated item unless otherwise specified in the line item
instructions. That is, as a general rule, the office information shall be reported at the same level of consolidation
as the fully consolidated statement, shall reflect only
transactions with parties outside the scope of the consolidated holding company, and shall exclude all transactions
between offices of the consolidated holding company as
defined above. See the Glossary entries for ‘‘domestic
office’’ and ‘‘foreign office’’ for the definitions of these
terms.

Exclusions from coverage of the
consolidated report
Subsidiaries where control does not rest with the parent. If control of a majority-owned subsidiary by the
holding company does not rest with the holding company
because of legal or other reasons (e.g., the subsidiary is in
FR Y9C
General Instructions December 2014

General Instructions

bankruptcy), the subsidiary is not required to be consolidated for purposes of the report.2 Thus, the holding
company’s investments in such subsidiaries are not eliminated in consolidation but will be reflected in the reports
in the balance sheet item for ‘‘Investments in unconsolidated subsidiaries and associated companies’’ (Schedule
HC, item 8) and other transactions of the holding company with such subsidiaries will be reflected in the
appropriate items of the reports in the same manner as
transactions with unrelated outside parties. Additional
guidance on this topic is provided in accounting standards, including ASC Subtopic 810-10, Consolidation –
Overall (formerly FASB Statement No. 94, Consolidation of All Majority-Owned Subsidiaries).
Custody accounts. All custody and safekeeping activities
(i.e., the holding of securities, jewelry, coin collections,
and other valuables in custody or in safekeeping for
customers) should not to be reflected on any basis in the
balance sheet of the Consolidated Financial Statements
for Holding Companies unless cash funds held by the
bank in safekeeping for customers are commingled with
the general assets of the reporting holding company. In
such cases, the commingled funds would be reported in
the Consolidated Financial Statements for Holding Companies as deposit liabilities of the holding company.
For holding companies that file financial statements with
the Securities and Exchange Commission (SEC), major
classifications including total assets, total liabilities, total
equity capital and net income should generally be the
same between the FR Y-9C report filed with the Federal
Reserve and the financial statements filed with the SEC.

B. Report Form Captions, Non-applicable
Items and Instructional Detail
No caption on the report forms shall be changed in any
way. An amount or a zero should be entered for all items
except in those cases where (1) the reporting holding
company does not have any foreign offices; (2) the
reporting company does not have any depository institutions that are subsidiaries other than commercial banks;
or (3) the reporting holding company has no consolidated subsidiaries that render services in any fiduciary
capacity and its subsidiary banks have no trust departments. If the reporting holding company has only domestic offices, Schedule HC, items 13(b)(1) and 13(b)(2),
and Schedule HI, items 1(a)(2) and 2(a)(2) should be left
blank. If the reporting company does not have any
FR Y9C
General Instructions September 2016

depository institutions that are subsidiaries other than
commercial banks, then Schedule HC-E, items 2(a)
through 2(e) should be left blank. If the reporting company does not have any trust activities, then Schedule HI,
item 5(a) should be left blank. A holding company
should leave blank memorandum items 9(a) through 9(d)
of Schedule HI if the reporting holding company does
not have average trading assets of $2 million or more
(reported on Schedule HC-K, item 4(a)) as of the March
31st report date of the current calendar year.
Holding companies who are not required to report Schedule HC-D or Schedule HC-Q may leave these schedules
blank. Savings and loan holding companies who are not
required to report Schedule HC-L, item 7(c)(1)(a)
through item 7(c)(2)(c), or all of Schedule HC-R may
leave these items blank.
There may be areas in which a holding company wishes
more technical detail on the application of accounting
standards and procedures to the requirements of these
instructions. Such information may often be found in the
appropriate entries in the Glossary section of these
instructions or, in more detail, in the GAAP standards.
Selected sections of the GAAP standards are referenced
in the instructions where appropriate. The accounting
entries in the Glossary are intended to serve as an aid in
specific reporting situations rather than a comprehensive
statement on accounting for holding companies.
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
holding company submits this report).

C. Rounding
For holding companies with total assets of less than $10
billion, all dollar amounts must be reported in thousands,
with the figures rounded to the nearest thousand. Items
less than $500 will be reported as zero. For holding
companies with total assets of $10 billion or more, all
dollar amounts may be reported in thousands, but each
holding company, at its option, may round the figures
reported to the nearest million, with zeros reported for the
thousands. For holding companies exercising this option,
amounts less than $500,000 will be reported as zero.
Rounding could result in details not adding to their stated
totals. However, to ensure consistent reporting, the
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General Instructions

rounded detail items should be adjusted so that the totals
and the sums of their components are identical.
On the Consolidated Financial Statements for Holding
Companies, ‘‘Total assets’’ (Schedule HC, item 12) and
‘‘Total liabilities and equity capital’’ (Schedule HC, item
29), which must be equal, must be derived from unrounded
numbers and then rounded to ensure that these two items
are equal as reported. When reporting numeric amounts,
including dollar amounts, commas should not be used to
separate thousands, millions, and billions.

D. Negative Entries
Except for the items listed below, negative entries are
generally not appropriate on the FR Y-9C 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. Items for which
negative entries may be made, include:
(1) Schedule HI, memorandum item 6, ‘‘Other noninterest income (itemize and describe the three
largest amounts that exceed 1 percent of the sum of
Schedule HI, item 1(h) and 5(m)).’’
(2) Schedule HI, memorandum item 7 ‘‘Other noninterest expense (itemize and describe the three
largest amounts that exceed 1 percent of Schedule
HI, items 1(h) and 5(m)).’’
(3) Schedule HI, item 5(e), ‘‘Venture capital revenue.’’
(4) Schedule HI, item 5(f), ‘‘Net servicing fees.’’
(5) Schedule HI, item 5(g), ‘‘Net securitization
income.’’
(6) Schedule HI-A, item 12, ‘‘Other comprehensive
income.’’
(7) Schedule HC, item 8, ‘‘Investments in unconsolidated subsidiaries and associated companies.’’
(8) Schedule HC, item 26(a), ‘‘Retained earnings.’’
(9) Schedule HC, item 26(b), ‘‘Accumulated other
comprehensive income.’’
(10) Schedule HC, item 26(c), ‘‘Other equity capital
components. ’’
(11) Schedule HC, item 27(a), ‘‘Total holding company
equity capital.’’
GEN-6

(12) Schedule HC, item 28, ‘‘Total equity capital.’’
(13) Schedule HC-C, items 10, 10(a), and 10(b), on
‘‘Lease financing receivables (net of unearned
income).’’
(14) Schedule HC-P, items 5(a) and 5(b), on ‘‘Noninterest income for the quarter from the sale, securitization, and servicing of 1–4 family residential mortgage loans .’’
(15) Schedule HC-Q, memorandum item 2(a), ‘‘Loan
commitments (not accounted for as derivatives).’’
(16) Schedule HC-R, Part I item 2, ‘‘Retained Earnings.’’
(17) Schedule HC-R, Part I item 3, ‘‘Accumulated Other
Comprehensive Income (AOCI).
(18) Schedule HC-R, Part I item 9(a) ‘‘Net unrealized
gains (losses) on available-for-sale securities.’’
(19) Schedule HC-R, Part I item 9(b) ’’Net unrealized
loss on available-for-sale preferred stock classified
as an equity security under GAAP and availablefor-sale equity exposures.
(20) Schedule HC-R, Part I item 9(c) ‘‘Accumulated net
gains (losses) on cash flow hedges.’’
(21) Schedule HC-R, Part I item 9(d) ‘‘Amounts recorded
in AOCI attributed to defined benefit postretirement
plans resulting from the initial and subsequent
application of the relevant GAAP standards that
pertain to such plans.’’
(22) Schedule HC-R, Part I item 9(e) ‘‘Net unrealized
gains (losses) on held-to-maturity securities that are
included in AOCI.’’
(23) Schedule HC-R, Part I item 9(f) ‘‘ Accumulated net
gain (loss) on cash flow hedges included in AOCI,
net of applicable income taxes, that relate to the
hedging of items that a are not recognized at fair
value on the balance sheet.
(24) Schedule HC-R, Part I item 10(a) Unrealized net
gain(loss) related to changes in the fair value of
liabilities that are due to changes in own credit risk.
(25) Schedule HC-R, Part I item 10(b) ‘‘All other deductions from (additions to) common equity tier 1
capital before threshold-based deductions.’’
(26) Schedule HC-R, Part I item 12, ‘‘Subtotal,’’
FR Y9C
General Instructions March 2016

General Instructions

(27) Schedule HC-R, Part I item 19, ‘‘Common Equity
Tier 1 capital’’
(28) Schedule HC-R Part I item 26, ‘‘Tier I Capital’’
(29) Schedule HC-R Part I item 35(a) and 35(b) ‘‘Total
Capital’’

which confidentiality is requested and must demonstrate
the specific nature of the harm that would result from
public release of the information. Merely stating that
competitive harm would result or that information is
personal is not sufficient.

(30) Schedule HC-R Part I item 38, ‘‘Other deductions
from (additions to) assets for leverage ratio purposes’’

Information for which confidential treatment is requested
may subsequently be released by the Federal Reserve
System if the Board of Governors determines that the
disclosure of such information is in the public interest.

(31) Schedule HC-R Part I item 41 through 44, Riskbased and leverage capital ratios, and

F. Verification and Signatures

(32) Schedule HC-R Part II column B, ‘‘Adjustments to
Totals Reported in Column A,’’ for the asset categories in items 1 through 11’’
When negative entries do occur in one or more of these
items, they shall be recorded with a minus (2) sign rather
than in parenthesis.
On the Consolidated Report of Income (Schedule HI),
negative entries may appear as appropriate. Income items
with a debit balance and expense items with a credit
balance must be reported with a minus (2) sign.

E. Confidentiality
The completed version of this report generally is available to the public upon request on an individual basis
with the exception of any amounts reported in Schedule
HI, memoranda item 7(g), ‘‘FDIC deposit insurance
assessments,’’ for report dates beginning June 30, 2009,
and in Schedule HC-P, item 7(a), ‘‘Representation and
warranty reserves for 1-4 family residential mortgage
loans sold to U.S. government agencies and governmentsponsored agencies,’’ and item 7(b), ‘‘Representation and
warranty reserves for 1-4 family residential mortgage
loans sold to other parties.’’ However, a reporting holding
company may request confidential treatment for the
Consolidated Financial Statements for Holding Companies (FR Y-9C) if the holding company is of the opinion
that disclosure of specific commercial or financial information in the report would likely result in substantial
harm to its competitive position, or that disclosure of the
submitted information would result in unwarranted invasion of personal privacy.
A request for confidential treatment must be submitted in
writing prior to the electronic submission of the report.
The request must discuss in writing the justification for
FR Y9C
General Instructions March 2015

Verification. All addition and subtraction should be
double-checked before reports are submitted. Totals and
subtotals in supporting materials should be cross-checked
to corresponding items elsewhere in the reports. Before a
report is submitted, all amounts should be compared with
the corresponding amounts in the previous report. If there
are any unusual changes from the previous report, a brief
explanation of the changes should be provided to the
appropriate Reserve Bank.
Signatures. The Consolidated Financial Statements for
Holding Companies must be signed by the Chief Financial Officer of the holding company (or by the individual
performing this equivalent function). By signing the
cover page of this report, the authorized officer acknowledges that any knowing and willful misrepresentation or
omission of a material fact on this report constitutes fraud
in the inducement and may subject the officer to legal
sanctions provided by 18 USC 1001 and 1007.
Holding companies must maintain in their files a manually signed and attested printout of the data submitted.
The cover page of the Reserve Bank-supplied, holding
company’s software, or from the Federal Reserve’s website report form should be used to fulfill the signature and
attestation requirement and this page should be attached
to the printout placed in the holding company’s files.

G. 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 holding company’s
interpretation, the Federal Reserve may require the holding company to reflect the event(s) or transaction(s) in its
FR Y-9C in accordance with the Federal Reserve’s
interpretation and to amend previously submitted reports.
GEN-7

General Instructions

The Federal Reserve will consider the materiality of such
event(s) or transaction(s) in making a determination
about requiring the holding company to apply the Federal
Reserve’s interpretation and to amend previously submitted reports. Materiality is a qualitative characteristic of
accounting information that is addressed in Financial
Accounting Standards Board (FASB) Concepts Statement No. 8, ‘‘Conceptual Framework for Financial
Reporting,’’ as follows: ‘‘Information is material if omitting it or misstating it could influence decisions that users
make on the basis of the financial information of a
specific reporting entity.’’ In other words, materiality is
an entity-specific aspect of relevance based on the nature
or magnitude or both of the items to which the information relates in the context of an individual entity’s
financial report.
The Federal Reserve may require the filing of amended
Consolidated Financial Statements for Holding Compa-

GEN-8

nies if reports as previously submitted contain significant
errors. In addition, a holding company 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.
The Federal Reserve also requests that holding companies that have restated their prior period financial statements as a result of an acquisition submit revised reports
for the prior year-ends. While information to complete all
schedules to the FR Y-9C may not be available, holding
companies are requested to provide the Consolidated
Balance Sheet (Schedule HC) and the Consolidated
Report of Income (Schedule HI) for the prior year-ends.
In the event that certain of the required data are not
available, holding companies should contact the appropriate Reserve Bank for information on submitting revised
reports.

FR Y9C
General Instructions March 2015

LINE ITEM INSTRUCTIONS FOR

Consolidated Report of Income
Schedule HI
The line item instructions should be read in conjunction with the Glossary and other
sections of these instructions. See the discussion of the Organization of the Instruction
Books in the General Instructions. For purposes of these line item instructions, the
FASB Accounting Standards Codification is referred to as ‘‘ASC.’’

General Instructions
Report in accordance with these instructions all income
and expense of the consolidated holding company for the
calendar year-to-date. Include adjustments of accruals
and other accounting estimates made shortly after the end
of a reporting period which relate to the income and
expense of the reporting period.
For purposes of this report, a savings and loan holding
company should report income from its savings association(s), nonbank subsidiary(s) and subsidiary savings and
loan holding company(s) (as defined in section 238.2 of
Regulation LL) following the same guidelines and
accounting rules set forth in these instructions for all
holding companies.
Holding companies that began operating during the
reporting period should report in the appropriate items of
Schedule HI all income earned and expense incurred
since commencing operations. The holding company
should report pre-opening income earned and expenses
incurred from inception until the date operations commenced using one of the two methods described in the
Glossary entry for ‘‘start-up activities.’’
Business Combinations and Transactions between Entities Under Common Control − If the holding company
entered into a business combination that became effective
during the reporting period and which has been accounted
for under the acquisition method, report the income and
expense of the acquired business only after its acquisition. If the holding company was involved in a transaction between entities under common control that became
effective during the year-to-date reporting period and has
been accounted for in a manner similar to a pooling of
interests, report the income and expense of the combined
entities for the entire calendar year-to-date as though they
had combined at the beginning of the year. For further
information on business combinations and transactions
FR Y-9C
Schedule HI

March 2016

between entities under common control, see the Glossary
entry for “business combinations.”
Assets and liabilities accounted under the fair value
option — Under U.S. generally accepted accounting
principles (GAAP) (i.e., ASC Subtopic 825-10, Financial
Instruments – Overall (formerly FASB Statement No.
159, The Fair Value Option for Financial Assets and
Financial Liabilities), ASC Subtopic 815-15, Derivatives
and Hedging – Embedded Derivatives (formerly FASB
Statement No. 155, Accounting for Certain Hybrid
Financial Instruments), and ASC Subtopic 860-50, Transfers and Servicing – Servicing Assets and Liabilities
(formerly FASB Statement No. 156, Accounting for
Servicing of Financial Assets)), the holding company
may elect to report certain assets and liabilities at fair
value with changes in fair value recognized in earnings.
This election is generally referred to as the fair value
option. If the holding company has elected to apply the
fair value option to interest-bearing financial assets and
liabilities, it should report the interest income on these
financial assets (except any that are in nonaccrual status)
and the interest expense on these financial liabilities for
the year-to-date in the appropriate interest income and
interest expense items on Schedule HI, not as part of the
reported change in fair value of these assets and liabilities
for the year-to-date. The holding company should measure the interest income or interest expense on a financial
asset or liability to which the fair value option has been
applied using either the contractual interest rate on the
asset or liability or the effective yield method based on
the amount at which the asset or liability was first
recognized on the balance sheet. Although the use of the
contractual interest rate is an acceptable method under
GAAP, when a financial asset or liability has a significant
premium or discount upon initial recognition, the measurement of interest income or interest expense under the
effective yield method more accurately portrays the
economic substance of the transaction. In addition, in
HI-1

Schedule HI

some cases, GAAP requires a particular method of
interest income recognition when the fair value option is
elected. For example, when the fair value option has been
applied to a beneficial interest in securitized financial
assets within the scope of ASC Subtopic 325-40,
Investments-Other – Beneficial Interests in Securitized
Financial Assets (formerly Emerging Issues Task Force
Issue No. 99-20, Recognition of Interest Income and
Impairment on Purchased and Retained Beneficial Interests in Securitized Financial Assets), interest income
should be measured in accordance with the consensus in
this issue. Similarly, when the fair value option has been
applied to a purchased impaired loan or debt security
accounted for under ASC Subtopic 310-30, Receivables
– Loans and Debt Securities Acquired with Deteriorated
Credit Quality (formerly AICPA Statement of Position
03-3, Accounting for Certain Loans or Debt Securities
Acquired in a Transfer), interest income on the loan or
debt security should be measured in accordance with this
Subtopic when accrual of income is appropriate. For
further information, see the Glossary entry for “Purchased Impaired Loans and Debt Securities.”
Revaluation adjustments, excluding amounts reported as
interest income and interest expense, to the carrying
value of all assets and liabilities reported in Schedule HC
at fair value under a fair value option (excluding servicing assets and liabilities reported in Schedule HC,
item 10, “Intangible assets,” and Schedule HC, item 20,
“Other liabilities,” respectively, and assets and liabilities
reported in Schedule HC, item 5, ‘‘Trading assets,’’ and
Schedule HC, item 15, ‘‘Trading liabilities,’’ respectively) resulting from the periodic marking of such assets
and liabilities to fair value should be reported as “Other
noninterest income” in Schedule HI, item 5(l).
Line Item 1 Interest income.
Line Item 1(a) Interest and fee income on loans.
Report in the appropriate subitem all interest, fees, and
similar charges levied against or associated with all
assets reportable as loans in Schedule HC-C, items 1
through 9.
Deduct interest rebated to customers on loans paid before
maturity from gross interest earned on loans; do not
report as an expense.
Include as interest and fee income on loans:
HI-2

(1) Interest on all assets reportable as loans extended
directly, purchased from others, sold under agreements to repurchase, or pledged as collateral for any
purpose.
(2) Loan origination fees, direct loan origination costs,
and purchase premiums and discounts on loans held
for investment, all of which should be deferred and
recognized over the life of the related loan as an
adjustment of yield under ASC Subtopic 310-20,
Receivables – Nonrefundable Fees and Other Costs
(formerly FASB Statement No. 91, Accounting for
Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial Direct Costs of
Leases) as described in the Glossary entry for ‘‘loan
fees.’’ See exclusion (3) below.
(3) Loan commitment fees (net of direct loan origination
costs) that must be deferred over the commitment
period and recognized over the life of the related loan
as an adjustment of yield under ASC Subtopic 310-20
as described in the Glossary entry for ‘‘loan fees.’’
(4) Investigation and service charges, fees representing a
reimbursement of loan processing costs, renewal and
past-due charges, prepayment penalties, and fees
charged for the execution of mortgages or agreements securing the holding company’s loans.
(5) Charges levied against overdrawn accounts based on
the length of time the account has been overdrawn,
the magnitude of the overdrawn balance, or which
are otherwise equivalent to interest. See exclusion (6)
below.
(6) The contractual amount of interest income earned on
loans that are reported at fair value under a fair value
option.
Exclude from interest and fee income on loans:
(1) Fees for servicing real estate mortgages or other
loans that are not assets of the holding company
(report in Schedule HI, item 5(f), “Net servicing
fees”).
(2) Charges to merchants for the holding company’s
handling of credit card or charge sales when the
holding company does not carry the related loan
accounts on its books (report as ‘‘Other noninterest
income’’ in Schedule HI, item 5(l)). Holding companies may report this income net of the expenses
Schedule HI

FR Y-9C
June 2018

Schedule HI

(except salaries) related to the handling of these
credit card or charge sales.
(3) Loan origination fees, direct loan origination costs,
and purchase premiums and discounts on loans held
for sale, all of which should be deferred until the loan
is sold (rather than amortized). The net fees or costs
and purchase premium or discount are part of the
recorded investment in the loan. When the loan is
sold, the difference between the sales price and the
recorded investment in the loan is the gain or loss on
the sale of the loan. See exclusion (4) below.
(4) Net gains (losses) from the sale of all assets reportable as loans (report in Schedule HI, item 5(i), ‘‘Net
gains (losses) on sales of loans and leases’’). Refer to
the Glossary entry for ‘‘transfers of financial assets.’’
(5) Reimbursements for out-of-pocket expenditures (e.g.,
for the purchase of fire insurance on real estate
securing a loan) made by the holding company for
the account of its customers. If the holding company’s expense accounts were charged with the
amount of such expenditures, the reimbursements
should be credited to the same expense accounts.
(6) Transaction or per item charges levied against deposit
accounts for the processing of checks drawn against
insufficient funds that the holding company assesses
regardless of whether it decides to pay, return, or
hold the check, so-called ‘‘NSF check charges’’
(report as ‘‘Service charges on deposit accounts (in
domestic offices),’’ in Schedule HI, item 5(b), or, if
levied against deposit accounts in foreign offices, as
‘‘Other noninterest income’’ in Schedule HI, item
5(l)). See inclusion (5) above.
(7) Interchange fees earned from credit card transactions
(report as ‘‘Other noninterest income’’ in Schedule
HI, item 5(l)).

Line Item 1(a)(1) Interest and fee income on loans
in domestic offices.
Report all interest, fees, and similar charges levied
against or associated with all loans in domestic offices
reportable in Schedule HC-C, items 1 through 9, column B for holding companies with foreign offices and
reportable in Schedule HC-C, items 1 through 9, for
holding companies with domestic offices only.
FR Y-9C
Schedule HI

March 2013

Line Item 1(a)(1)(a) Interest and fee income on
loans secured by 1-4 family residential properties.
Report all interest, fees, and similar charges levied
against or associated with all loans secured by 1-4 family
residential properties (in domestic offices) reportable in
Schedule HC-C, item 1(c), column B.
Line Item 1(a)(1)(b) Interest and fee income on all
other loans secured by real estate.
Report all interest, fees, and similar charges levied
against or associated with all loans secured by real estate
(in domestic offices) reportable in Schedule HC-C, items
1(a), 1(b), 1(d), and 1(e), column B. Include interest and
fee income on loans secured by 1-4 family residential
construction loans, but exclude such income on all other
loans secured by 1-4 family residential properties.
Line Item 1(a)(1)(c) Interest and fee income on all
other loans.
Report all interest, fees, and similar charges levied
against or associated with all other loans (in domestic
offices) (other than loans secured by real estate in domestic offices) reportable in Schedule HC-C, items 2 through
9, column B.
Line Item 1(a)(2) Interest and fee income on loans
in foreign offices, Edge and Agreement subsidiaries,
and IBFs.
Report all interest, fees, and similar charges levied
against or associated with all loans in foreign offices,
Edge and Agreement subsidiaries, and IBFs reportable in
Schedule HC-C, column A, items 1 through 9.
Line Item 1(b) Income from lease financing
receivables.
Report income from direct financing and leveraged leases
reportable in Schedule HC-C, item 10, “Lease financing
receivables (net of unearned income).” (See Glossary
entry for ‘‘lease accounting.’’)
Exclude:
(1) Any investment tax credit associated with leased
property (include in Schedule HI, item 9, ‘‘Applicable income taxes.’’)
(2) Provision for possible losses on leases (report in
Schedule HI, item 4, ‘‘Provision for loan and lease
losses’’).
HI-3

Schedule HI

(3) Rental fees applicable to operating leases for furniture and equipment rented to others (report in Schedule HI, item 5(l), ‘‘Other noninterest income’’).
Line Item 1(c) Interest income on balances due
from depository institutions.
Report all income on assets reportable in Schedule HC,
item 1(b), ‘‘Interest-bearing balances due from depository Institutions,’’ including interest-bearing balances
maintained to satisfy reserve balance requirements, excess
balances, and term deposits due from Federal Reserve
Banks. Include interest income earned on interest-bearing
balances due from depository institutions that are reported
at fair value under a fair value option.
Line Item 1(d) Interest and dividend income on
securities.
Report in the appropriate subitem all income on assets
that are reportable in Schedule HC-B, Securities. Include
accretion of discount on securities for the current period.
Deduct current amortization of premium on securities. (Refer to the Glossary entry for ‘‘premiums and
discounts.’’)
For holding companies that have adopted FASB Accounting Standards Update No. 2016-01 (ASU 2016-01),
which includes provisions governing the accounting for
investments in equity securities and eliminates the concept of available-for-sale equity securities (see the Note
preceding the instructions for Schedule HI, item 8(b),
also include dividend income on equity securities with
readily determinable fair values not held for trading that
are reportable in Schedule HC, item 2(c).
Include interest and dividends on securities held in the
consolidated holding company’s portfolio, loaned, sold
subject to repurchase, or pledged as collateral for any
purpose.

Report income from detached U.S. Government security
coupons and ex-coupon U.S. Government securities not
held for trading in item 1(d)(3) as interest and dividend
income on ‘‘All other securities.’’ Refer to the Glossary
entry for ‘‘coupon stripping, Treasury receipts, and
STRIPS.’’
Exclude from interest and dividend income on securities:
(1) Realized gains (losses) on held-to-maturity securities
and on available-for-sale securities (report in Schedule HI, items 6(a) and 6(b), respectively).
(2) Net unrealized holding gains (losses) on availablefor-sale securities (include the amount of such net
unrealized holding gains (losses) in Schedule HC,
item 26(b), ‘‘Accumulated other comprehensive
income,’’ and the calendar year-to-date change in
such net unrealized holding gains (losses) in Schedule HI-A, item 10, ‘‘Other comprehensive income)’’.
(3) For holding companies that have adopted ASU 201601, realized and unrealized gains (losses) on equity
securities with readily determinable fair values not
held for trading (report in Schedule HI, item 8(b).
(4) Income from advances to, or obligations of, majorityowned subsidiaries not consolidated, associated companies, and those corporate joint ventures over which
the consolidated holding company exercises significant influence (report as ‘‘Noninterest income’’ in the
appropriate subitem of Schedule HI, item 5).
Line Item 1(d)(1) U.S. Treasury securities and U.S.
government agency obligations (excluding
mortgage-backed securities).
Report income from all securities reportable in Schedule HC-B, item 1, ‘‘U.S. Treasury securities,’’ and item 2,
‘‘U.S. government agency obligations.’’ Include accretion
of discount on U.S. Treasury bills.
Line Item 1(d)(2) Mortgage-backed securities.

Include interest received at the sale of securities to the
extent that such interest had not already been accrued on
the consolidated holding company’s books.

Report all income from securities reportable in Schedule HC-B, item 4, ‘‘Mortgage-backed securities.’’

Do not deduct accrued interest included in the purchase
price of securities from income on securities and do not
charge to expense. Record such interest in a separate
asset account (to be reported in Schedule HC, item 11,
‘‘Other assets’’) to be offset upon collection of the next
interest payment.

Line Item 1(d)(3) All other securities.

HI-4

Report in the appropriate subitem income from all other
debt securities and from all equity securities of companies domiciled in the U.S. that are reportable in
Schedule HC-B, item 3, ‘‘Securities issued by states and
political subdivisions in the U.S.,’’ item 5, ‘‘Asset-backed
Schedule HI

FR Y-9C
March 2018

Schedule HI

securities (ABS),” and item 6, ‘‘Other debt securities.”
For holding companies that have not adopted ASU
2016-01, include income from all securities reportable in
Schedule HC-B, item 7, “Investments in mutual funds
and other equity securities with readily determinable fair
values.” For holding companies that have adopted ASU
2016-01, include income from all securities reportable in
Schedule HC, item 2(c), “Equity securities with readily
determinable fair values not held for trading.”
Exclude from interest and dividend income on all other
securities:
(1) Income from equity securities that do not have
readily determinable fair values (report as ‘‘Other
interest income’’ in Schedule HI, item 1(g)).
(2) The consolidated holding company’s proportionate
share of the net income or loss from its common
stock investments in domestic unconsolidated subsidiaries, associated companies, and those corporate
joint ventures over which the consolidated holding
company exercises significant influence (report
income or loss before discontinued operations in the
appropriate subitem of item 5 and report discontinued operations, net of applicable taxes and minority
interest, in Schedule HI, item 11).
Line Item 1(e) Interest income from trading
assets.
Report the interest income earned on assets reportable in
Schedule HC, item 5, ‘‘Trading assets.’’
Include accretion of discount on assets held in trading
accounts that have been issued on a discount basis, such
as U.S. Treasury bills and commercial paper.
Exclude gains (losses) and fees from trading assets,
which should be reported in Schedule HI, item 5(c),
‘‘Trading revenue.’’ Also exclude revaluation adjustments from the periodic marking to market of derivative
contracts held for trading purposes, which should be
reported as trading revenue in Schedule HI, item 5(c).
The effect of the periodic net settlements on these
derivative contracts should be included as part of the
revaluation adjustments from the periodic marking to
market of the contracts.
Line Item 1(f) Interest income on federal funds
sold and securities purchased under agreements to
resell.
Report the gross revenue from assets reportable in Schedule HC, item 3, ‘‘Federal funds sold and securities
FR Y-9C
Schedule HI

March 2018

purchased under agreements to resell.’’ Include the contractual amount of interest income earned on federal
funds sold and securities purchased under agreements to
resell that are reported at fair value under a fair value
option.
Line Item 1(g) Other interest income.
Report interest income and dividend income on assets
other than those assets properly reported in Schedule HC,
items 1-5.
(1) Interest income on real estate sales contracts reportable in Schedule HC, item 7, ‘‘Other real estate
owned.’’
(2) Interest income from advances to, or obligations of,
majority-owned subsidiaries not consolidated on this
report, associated companies, and those corporate
joint ventures over which the consolidated holding
company exercises significant influence.
Exclude the consolidated holding company’s proportionate share of the income or loss before discontinued operations from its common stock investments in
unconsolidated subsidiaries, associated companies,
and those corporate joint ventures over which the
holding company exercises significant influence
(report in item 5(l), ‘‘Other noninterest income’’) and
the consolidated holding company’s proportionate
share of discontinued operations of these entities
(report in item 12, ‘‘Discontinued operations net of
applicable taxes and minority interest’’).
(3) Interest received on other assets not specified above.
(4) Include interest income on receivables from foreclosures on fully and partially government-guaranteed
mortgage loans that are reportable in Schedule HC-F,
item 6.
(5) Dividend income on equity investments without readily determinable fair values that are reportable in
Schedule HC-F, item 4.
Line Item 1(h) Total interest income.
Report the sum of items 1(a) through 1(g).
Line Item 2 Interest expense.
Line Item 2(a) Interest on deposits.
Report in the appropriate subitem all interest expense,
including amortization of the cost of merchandise or
HI-5

Schedule HI

property offered in lieu of interest payments, on deposits
reportable in Schedule HC, item 13(a)(2), “Interestbearing deposits in domestic offices,” and Schedule HC,
item 13(b)(2), “Interest-bearing deposits in foreign offices,
Edge and Agreement subsidiaries, and IBFs.”
Exclude the cost of gifts or premiums (whether in the
form of merchandise, credit, or cash) given to depositors
at the time of the opening of a new account or an addition
to, or renewal of, an existing account (report in Schedule
HI, item 7(d), ‘‘Other noninterest expense’’).
Include as interest expense on the appropriate category of
deposits finders’ fees, brokers’ fees, and other fees
related to any type of interest-bearing broker deposit
accounts (e.g., money market deposit accounts) that
represent an adjustment to the interest rate paid on
deposits the reporting bank acquires through brokers. If
these fees are paid in advance and are material they
should be capitalized and amortized over the term of the
related deposits. However, exclude fees levied by brokers
that are, in substance, retainer fees or that otherwise do
not represent an adjustment to the interest rate paid on
brokered deposits e.g., flat fees to administer the account
(report in Schedule HI, item 7(d), “Other noninterest
expense.”
Also include as interest expense the contractual amount
of interest expense incurred on deposits that are reported
at fair value under a fair value option. Deposits with
demand features (e.g., demand and savings deposits in
domestic offices) are generally not eligible for the fair
value option.
Deduct from the gross interest expense of the appropriate
category of time deposits penalties for early withdrawals,
or portions of such penalties, that represent the forfeiture
of interest accrued or paid to the date of withdrawal. If
material, portions of penalties for early withdrawals that
exceed the interest accrued or paid to the date of withdrawal should not be treated as a reduction of interest
expense but should be included in ‘‘Other noninterest
income’’ in Schedule HI, item 5(l).
Line Item 2(a)(1) Interest on deposits in domestic
offices.
Line Item 2(a)(1)(a) Interest on time deposits of
$250,000 or less.
Report interest expense on all time deposits reportable
in Schedule HC-E, items 1(d) and 2(d), “Time deposits of
HI-6

$250,000 or less” in domestic offices of subsidiary
commercial banks and in domestic offices of other subsidiary depository institutions.
Line Item 2(a)(1)(b) Interest on time deposits of
more than $250,000.
Report in this item all interest expense reportable in
Schedule HC-E, items 1(e) and 2(e), “Time deposits of
more than $250,000” in domestic offices of subsidiary
commercial banks and in domestic offices of other subsidiary depository institutions.
Line Item 2(a)(1)(c) Interest on other deposits.
Report interest expense on all deposits reportable in
Schedule HC, item 13(a)(2), ‘‘Interest-bearing deposits
in domestic offices,’’ excluding interest on time deposits
in domestic offices of subsidiary commercial banks and
in domestic offices of other subsidiary depository institutions, which are reportable in items 2(a)(1)(a) or
2(a)(1)(b) above.
Line Item 2(a)(2) Interest on deposits in foreign
offices, Edge and Agreement subsidiaries, and IBFs.
Report interest expense on all deposits in foreign offices
reportable in Schedule HC, item 13(b)(2), ‘‘Interestbearing deposits in foreign offices, Edge and Agreement
subsidiaries, and IBFs.’’
Line Item 2(b) Expense of federal funds
purchased and securities sold under agreements to
repurchase.
Report the gross expense of all liabilities reportable in
Schedule HC, item 14, ‘‘Federal funds purchased and
securities sold under agreements to repurchase.’’ Include
the contractual amount of interest expense incurred on
federal funds purchased and securities sold under agreements to repurchase that are reported at fair value under a
fair value option.
Report the income of federal funds sold and securities
purchased under agreements to resell in Schedule HI,
item 1(f); do not deduct from the gross expense reported
in this item. However, if amounts recognized as payables
under repurchase agreements have been offset against
amounts recognized as receivables under reverse repurchase agreements and reported as a net amount in
Schedule HC, Balance Sheet, in accordance with ASC
Subtopic 210-20, Balance Sheet – Offsetting (formerly
Schedule HI

FR Y-9C
December 2016

Schedule HI

FASB Interpretation No. 41, Offsetting of Amounts
Related to Certain Repurchase and Reverse Repurchase
Agreements), the income and expense from these agreements may be reported on a net basis in Schedule HI,
Income Statement.

Exclude dividends declared or paid on limited-life preferred stock (report dividends declared in Schedule HI-A,
item 10).

Line Item 2(c) Interest on trading liabilities and
other borrowed money.

Report in this item the interest expense on all other
liabilities not reported in Schedule HI, items 2(a) through
2(d) above.

Report the interest expense on all liabilities reportable in
Schedule HC, item 15, ‘‘Trading liabilities,’’ and item 16,
‘‘Other borrowed money.’’ Include the contractual amount
of interest expense incurred on other borrowed money
reported at fair value under a fair value option.
Include amortization of debt issuance costs associated
with other borrowed money (unless the borrowed money
reported at fair value under a fair value option, in which
case issuance costs should be expensed as incurred).
Line Item 2(d) Interest on subordinated notes and
debentures.
Report the interest expense on all liabilities reportable in
Schedule HC, item 19(a), ‘‘Subordinated notes and
debentures.’’ Include the contractual amount of interest
expense incurred on subordinated notes and debentures
reported at fair value under a fair value option.
Include the interest expense of mandatory convertible
securities associated with gross equity contract notes and
gross equity commitment notes.
Include amortization of debt issuance costs associated
with subordinated notes and debentures (unless the notes
and debentures are reported at fair value under a fair
value option, in which case issuance costs should be
expensed as incurred).
Exclude from this item interest on any reportable notes
payable to unconsolidated special purpose entities that
issue trust preferred securities (included in Schedule HC,
item 19(b), ‘‘Subordinated notes payable to unconsolidated trusts issuing trust preferred securities, and trust
preferred securities issued by consolidated special purpose entities’’). Report this interest expense in Schedule
HI, item 2(e), ‘‘Other interest expense.’’
Exclude from this item the amortization of expenses
incurred in the issuance of these notes payable. Capitalize such expenses, if material, and amortize them over
the life of the related notes payable. Report these amortized issuance costs in Schedule HI, item 2(e).
FR Y-9C
Schedule HI

March 2017

Line Item 2(e) Other interest expense.

Line Item 2(f) Total interest expense.
Report the sum of Schedule HI, items 2(a) through 2(e).
Line Item 3 Net interest income.
Report the difference between item 1(h), ‘‘Total interest
income’’ and item 2(f), ‘‘Total interest expense.’’ If the
amount is negative, report with a minus (-) sign.
Line Item 4 Provision for loan and lease losses.
Report the amount needed to make the allowance for loan
and lease losses, as reported in Schedule HC, item 4(c),
adequate to absorb estimated credit losses, based upon
management’s evaluation of the loans and leases that the
reporting holding company has the intent and ability to
hold for the foreseeable future or until maturity or payoff.
Also include in this item any provision for allocated
transfer risk related to loans and leases. The amount
reported in this item must equal Schedule HI-B, Part II,
item 5, ‘‘Provision for loan and lease losses.’’ Report
negative amounts with a minus (-) sign.
Exclude any provision for credit losses on off-balance
sheet credit exposures which should be reported in
Schedule HI, item 7(d), ‘‘Other noninterest expense.’’
The amount reported here may differ from the bad debt
expense deduction taken for federal income tax purposes.
(Refer to the Glossary entry for ‘‘allowance for loan and
lease losses’’ for additional information.)
Line Item 5 Noninterest income:
Line Item 5(a) Income from fiduciary activities.
Report gross income from services rendered by the trust
departments of the holding company’s banking subsidiaries or by any of the holding company’s consolidated
subsidiaries acting in any fiduciary capacity. Include
commissions and fees on the sales of annuities by these
entities that are executed in a fiduciary capacity.
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Schedule HI

Exclude commissions and fees received for the accumulation or disbursement of funds deposited to Individual
Retirement Accounts (IRAs) or Keogh Plan accounts
when they are not handled by the trust departments
of the holding company’s subsidiary banks (report in
item 5(b), ‘‘Service charges on deposit accounts in
domestic offices’’).
Leave this item blank if the subsidiary banks of the
reporting holding company have no trust departments
and the holding company has no consolidated subsidiaries that render services in any fiduciary capacity.
Line Item 5(b) Service charges on deposit
accounts in domestic offices.
Report in this item amounts charged depositors in domestic offices:
(1) For the maintenance of their deposit accounts with
the holding company or its consolidated subsidiaries, so-called ‘‘maintenance charges.’’
(2) For their failure to maintain specified minimum
deposit balances.
(3) Based on the number of checks drawn on and
deposits made in their deposit accounts.
(4) For checks drawn on so-called ‘‘no minimum balance’’ deposit accounts.
(5) For withdrawals from nontransaction deposit
accounts.
(6) For the closing of savings accounts before a specified minimum period of time has elapsed.
(7) For accounts which have remained inactive for
extended periods of time or which have become
dormant.

wise equivalent to interest (report in the appropriate
subitem of item 1(a)(1), ‘‘Interest and fee income
on loans in domestic offices’’).
(10) For issuing stop payment orders.
(11) For certifying checks.
(12) For the accumulation or disbursement of funds
deposited to Individual Retirement Accounts (IRAs)
or Keogh Plan accounts when not handled by the
trust departments of subsidiary banks of the reporting holding company.
Report such commissions and fees received for
accounts handled by the trust departments of the
holding company’s banking subsidiaries or by other
consolidated subsidiaries in item 5(a), ‘‘Income
from fiduciary activities.’’
Exclude penalties paid by depositors for the early
withdrawal of time deposits (report in item 5(l),
‘‘Other noninterest income,’’ or deduct from the
interest expense of the related category of time
deposits, as appropriate).
(13) For wire transfer services provided to the institution’s depositors.
Line Item 5(c) Trading revenue.
Report the net gain or loss from trading cash instruments
and off-balance-sheet derivative contracts (including
commodity contracts) that has been recognized during
the calendar year-to-date. The amount reported in this
item must equal the sum of Schedule HI, Memoranda
item 9(a) through 9(e).
Include as trading revenue:

(8) For deposits to or withdrawals from deposit accounts
through the use of automated teller machines or
remote service units.

(1) Revaluation adjustments to the carrying value of cash
instruments reportable in Schedule HC, item 5,
‘‘Trading assets,’’ and Schedule HC, item 15, ‘‘Trading liabilities,’’ resulting from the periodic marking
to market of such instruments.

(9) For the processing of checks drawn against insufficient funds, so-called “NSF check charges,” that
the subsidiary banks of the holding company assess
regardless of whether it decides to pay, return, or
hold the check. Exclude subsequent charges levied
against overdrawn accounts based on the length of
time the account has been overdrawn, the magnitude of the overdrawn balance, or which are other-

(2) Revaluation adjustments from the periodic marking
to market of interest rate, foreign exchange rate,
commodity, and equity derivative contracts reportable in Schedule HC-L, item 12, ‘‘Total gross notional
amount of derivative contracts held for trading,’’ and
credit derivative contracts reportable in Schedule
HC-L, item 7, ‘‘Credit derivatives,’’ that are held for
trading purposes. The effect of the periodic net

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FR Y-9C
December 2016

Schedule HI

settlements on derivative contracts held for trading
purposes should be included as part of the revaluation adjustments from the periodic marking to market
of these contracts.
(3) Incidental income and expense related to the purchase and sale of assets and liabilities reportable
in Schedule HC, item 5, ‘‘Trading assets,’’ and
Schedule HC, item 15, ‘‘Trading liabilities,’’ and
off-balance-sheet derivative contracts reportable in
Schedule HC-L, item 12, ‘‘Total gross amount of
derivative contracts held for trading,’’ and credit
derivatives contracts reportable in Schedule HC-L,
item 7, that are held for trading purposes.
If the amount to be reported in this item is a net loss,
report with a minus (-) sign.
Line Item 5(d)(1) Fees and commissions from
securities brokerage.
Report fees and commissions from securities brokerage
activities, from the sale and servicing of mutual funds,
from the purchase and sale of securities and money
market instruments where the holding company is acting
as agent for other banking institutions or customers, and
from the lending of securities owned by the holding
company or by holding company customers (if these fees
and commissions are not included in Schedule HI, item
5(a), ‘‘Income from fiduciary activities,’’ or item 5(c),
‘‘Trading revenue’’). However, exclude fees and commissions from the sale of annuities (fixed, variable, and
other) to holding company customers by the holding
company or any securities brokerage subsidiary (report
such income in Schedule HI, item 5(d)(3), ‘‘Fees and
commissions from annuity sales’’).

placements of securities, investment advisory and management services, merger and acquisition services, and
other related consulting fees. Include fees and commissions from the placement of commercial paper, both for
transactions issued in the holding company’s name and
transactions in which the holding company acts as an
agent for a third party issuer.
Also include the holding company’s proportionate share
of the income or loss before discontinued operations
from its investments in equity method investees that are
principally engaged in investment banking, advisory, or
securities underwriting activities. Equity method investees include unconsolidated subsidiaries; associated companies; and corporate joint ventures, unincorporated joint
ventures, general partnerships, and limited partnerships
over which the holding company exercises significant
influence.
Line Item 5(d)(3) Fees and commissions from
annuity sales.
Report fees and commissions from sales of annuities
(fixed, variable, and other) by the holding company and
any subsidiary of the holding company and fees earned
from customer referrals for annuities to insurance companies and insurance agencies external to the consolidated
holding company. Also include management fees earned
from annuities.
However, exclude fees and commissions from sales of
annuities by the trust departments of the holding company’s subsidiary banks (or by a consolidated trust
company subsidiary) that are executed in a fiduciary
capacity (report in Schedule HI, item 5(a), ‘‘Income from
fiduciary activities’’).

Also include the holding company’s proportionate share
of the income or loss before discontinued operations
from its investments in equity method investees that are
principally engaged in securities brokerage activities.
Equity method investees include unconsolidated subsidiaries; associated companies; and corporate joint ventures,
unincorporated joint ventures, general partnerships, and
limited partnerships over which the holding company
exercises significant influence.

Also include the holding company’s proportionate share
of the income or loss before discontinued operations
from its investments in equity method investees that are
principally engaged in annuity sales. Equity method
investees include unconsolidated subsidiaries; associated
companies; and corporate joint ventures, unincorporated
joint ventures, general partnerships, and limited partnerships over which the holding company exercises significant influence.

Line Item 5(d)(2) Investment banking, advisory,
and underwriting fees and commissions.

Line Item 5(d)(4) Underwriting income from
insurance and reinsurance activities.

Report fees and commissions from underwriting (or
participating in the underwriting of) securities, private

Report the amount of premiums earned by holding
company subsidiaries engaged in insurance underwriting

FR Y-9C
Schedule HI

March 2017

HI-9

Schedule HI

or reinsurance activities. Include earned premiums from
(a) life and health insurance and (b) property and casualty
insurance, whether (direct) underwritten business or
ceded or assumed (reinsured) business. Insurance premiums should be reported net of any premiums transferred
to other insurance underwriters/reinsurers in conjunction
with reinsurance contracts.
Also include the holding company’s proportionate share
of the income or loss before discontinued operations
from its investments in equity method investees that are
principally engaged in insurance underwriting or reinsurance activities. Equity method investees include unconsolidated subsidiaries; associated companies; and corporate joint ventures, unincorporated joint ventures, general
partnerships, and limited partnerships over which the
holding company exercises significant influence.
Exclude income from sales and referrals involving insurance products and annuities (see the instructions for
Schedule HI, items 5(d)(5) and 5(d)(3), respectively, for
information on reporting such income).
Line Item 5(d)(5)
activities.

Income from other insurance

Report income from insurance product sales and referrals, including:
(1) Service charges, commissions, and fees earned from
insurance sales, including credit, life, health, property, casualty, and title insurance products.
(2) Fees earned from customer referrals for insurance
products to insurance companies and insurance agencies external to the consolidated holding company.
Also include management fees earned from separate
accounts and universal life products.
Exclude income from annuity sales and referrals (see the
instructions for Schedule HI, item 5(d)(3), above, for
information on reporting such income).
Also include the holding company’s proportionate share
of the income or loss before discontinued operations
from its investments in equity method investees that are
principally engaged in insurance product sales and referrals. Equity method investees include unconsolidated
subsidiaries; associated companies; and corporate joint
ventures, unincorporated joint ventures, general partnerships, and limited partnerships over which the holding
company exercises significant influence.
HI-10

Line Item 5(e) Venture capital revenue.
In general, venture capital activities involve the providing of funds, whether in the form of loans or equity, and
technical and management assistance, when needed and
requested, to start-up or high-risk companies specializing
in new technologies, ideas, products, or processes. The
primary objective of these investments is capital growth.
Report as venture capital revenue market value adjustments, interest, dividends, gains, and losses (including
impairment losses) on venture capital investments (loans
and securities). Include any fee income from venture
capital activities that is not reported in one of the
preceding items of Schedule HI—Income Statement.
Also include the holding company’s proportionate share
of the income or loss before discontinued operations
from its investments in:
(1) Unconsolidated subsidiaries,
(2) Associated companies, and
(3) Corporate joint ventures, unincorporated joint ventures, general partnerships, and limited partnerships
over which the holding company exercises significant influence that are principally engaged in venture
capital activities.
Line Item 5(f) Net servicing fees.
Report income from servicing real estate mortgages,
credit cards, and other financial assets held by others.
Report any premiums received in lieu of regular servicing fees on such loans only as earned over the life of the
loans. For servicing assets and liabilities measured under
the amortization method, holding companies should
report servicing income net of the related servicing
assets’ amortization expense, include impairments recognized on servicing assets, and also include increases in
servicing liabilities recognized when subsequent events
have increased the fair value of the liability above its
carrying amount. For servicing assets and liabilities
remeasured at fair value under the fair value option,
include changes in the fair value of these servicing assets
and liabilities. For further information on servicing, see
the Glossary entry for “servicing assets and liabilities.”
Line Item 5(g) Net securitization income.
Report net gains (losses) on assets sold in the holding
company’s own securitization transactions, i.e., net of
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FR Y-9C
September 2016

Schedule HI

transaction costs. Include unrealized losses (and recoveries of unrealized losses) on loans and leases held for sale
in the holding company’s own securitization transactions. Report fee income from securitizations, securitization conduits, and structured finance vehicles, including
fees for providing administrative support, liquidity support, interest rate risk management, credit enhancement
support, and any additional support functions as an
administrative agent, liquidity agent, hedging agent, or
credit enhancement agent. Include all other fees (other
than servicing fees and commercial paper placement
fees) earned from the holding company’s securitization
and structured finance transactions.
Exclude income from servicing securitized assets (report
in item 5(f), above), fee income from the placement of
commercial paper (report in item 5(d), above), and
income from seller’s interests and residual interests
retained by the holding company (report in the appropriate subitem of item 1, “Interest income”). Also exclude
net gains (losses) on loans sold to—and unrealized losses
(and recoveries of unrealized losses) on loans and leases
held for sale to—a government-sponsored agency or
another institution that in turn securitizes the loans
(report in item 5(i), ‘‘Net gains (losses) on sales of loans
and leases’’).
Line Item 5(h) Not applicable.
Line Item 5(i)
and leases.

Net gains (losses) on sales of loans

Report the amount of net gains (losses) on sales and other
disposals of loans and leases (reportable in Schedule HCC), including unrealized losses (and subsequent recoveries of such net unrealized losses) on loans and leases held
for sale. Exclude net gains (losses) on loans and leases
sold in the holding company’s own securitization transactions and unrealized losses (and recoveries of unrealized losses) on loans and leases held for sale in the
holding company’s own securitization transactions (report
these gains (losses) in Schedule HI, item 5(g), ‘‘Net
securitization income’’).
Line Item 5(j) Net gains (losses) on sales of other
real estate owned.
Report the amount of net gains (losses) on sales and other
disposals of other real estate owned (reportable in Schedule HC, item 7), increases and decreases in the valuation
allowance for foreclosed real estate, and write-downs of
FR Y-9C
Schedule HI

March 2018

other real estate owned subsequent to acquisition (or
physical possession) charged to expense. Do not include
as a loss on other real estate owned any amount charged
to the allowance for loan and lease losses at the time of
foreclosure (actual or physical possession) for the difference between the carrying value of a loan and the fair
value less cost to sell of the foreclosed real estate.
Line Item 5(k) Net gains (losses) on sales of other
assets.
Report the amount of net gains (losses) on sales and other
disposals of assets not required to be reported elsewhere
in the income statement (Schedule HI). Include net gains
(losses) on sales and other disposals of premises and
fixed assets; personal property acquired for debts previously contracted (such as automobiles, boats, equipment,
and appliances); and coins, art, and other similar assets.
For holding companies that have not adopted FASB
Accounting Standards Update No. 2016-01 (ASU 201601), which includes provisions governing the accounting
for investments in equity securities (see the Note preceding the instructions for Schedule HI, item 8(b), also
include net gains (losses) on sales of, and other-thantemporary impairments on, equity investments without
readily determinable fair values not held-for-trading. Do
not include net gains (losses) on sales and other disposals
of held-to-maturity securities, available-for-sale securities, loans and leases (either directly or through securitization), other real estate owned, (report these net gains
(losses) in the appropriate items of Schedule HI).
For holding companies that have adopted ASU 2016-01,
do not include:
(1) Unrealized holding gains (losses) on equity securities
and other equity investments without readily determinable fair values not held for trading that are
measured at fair value through earnings.
(2) Impairment, if any, plus or minus changes resulting
from observable price changes on equity securities
and other equity investments without readily determinable fair values not held for trading for which this
measurement election is made. These amounts should
be reported in Schedule HI, item 8(b). Also do not
include net gains (losses) on sales and other disposals
of held-to-maturity securities, available-for-sale debt
securities, equity securities with readily determinable
fair values not held for trading, loans and leases
(either directly or through securitization), trading
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Schedule HI

assets, and other real estate owned (report these net
gains (losses) in the appropriate items of Schedule HI).
Line Item 5(l)

Other noninterest income.

Report all operating income of the holding company for
the calendar year to date not required to be reported
elsewhere in Schedule HI. Disclose in Schedule HI, Memoranda items 6(a) through 6(j), each component of other noninterest income, and the dollar amount
of such component, that is greater than $100,000 and
exceeds 7 percent of the other noninterest income
reported in this item. If net losses have been reported in
this item for a component of ‘‘Other noninterest income,’’
use the absolute value of such net losses to determine
whether the amount of the net losses is greater than
$100,000 and exceeds 7 percent of ‘‘Other noninterest
income’’ and should be reported in Schedule HI, Memoranda item 6. (The absolute value refers to the magnitude
of the dollar amount without regard to whether the
amount represents net gains or net losses.) Preprinted
captions have been provided in Memoranda items 6(a)
through 6(g) for reporting the following components of
other noninterest income if the component exceeds this
disclosure threshold: income and fees from the printing
and sale of checks, earnings on/increase in value of cash
surrender value of life insurance, income and fees from
automated teller machines (ATMS), rent and other income
from other real estate owned, safe deposit box rent, net
change in the fair values of financial instruments
accounted for under a fair value option, bank card and
credit card interchange fees, gains on bargain purchases,
and income and fees from wire transfers. For each
component of other noninterest income that exceeds this
disclosure threshold for which a preprinted caption has
not been provided describe the component with a clear
but concise caption in Schedule HI, Memoranda items
6(h) through 6(j). These descriptions should not exceed
50 characters in length (including spacing between
words).
For disclosure purposes in Schedule HI, Memoranda
items 6(a) through 6(g), when components of ‘‘Other
noninterest income’’ reflect a single credit for separate
‘‘bundled services’’ provided through third party vendors, disclose such amounts in the item with the preprinted caption that most closely describes the predominant type of income earned, and this categorization
should be used consistently over time.
HI-12

Include as other noninterest income:
(1) Service charges, commissions, and fees for such
services as:
(a) The rental of safe deposit boxes. (Report the
amount of such fees in Schedule HI, Memoranda item 6(e), if this amount is greater than
$100,000 and exceeds 7 percent of the amount
reported in Schedule HI, item 5(l).)
(b) The safekeeping of securities for other depository institutions (if the income for such safekeeping services is not included in Schedule HI, item 5(a), ‘‘Income from fiduciary
activities’’).
(c) The sale of bank drafts, money orders, cashiers’
checks, and travelers’ checks.
(d) The collection of utility bills, checks, notes,
bond coupons, and bills of exchange.
(e) The redemption of U.S. savings bonds.
(f) The handling of food stamps.
(g) The execution of acceptances and the issuance
of commercial letters of credit, standby letters
of credit, deferred payment letters of credit, and
letters of credit issued for cash or its equivalent.
Exclude income on bankers acceptances and
trade acceptances (report such income in the
appropriate subitem of Schedule HI, item 1(a),
‘‘Interest and fee income on loans,’’ or in
Schedule HI, item 1(e), ‘‘Interest income from
trading assets,’’ as appropriate).
(h) The notarizing of forms and documents.
(i) The negotiation or management of loans from
other lenders for customers or correspondents.
(j) The providing of consulting and advisory services to others. Exclude income from investment advisory services, which is to be reported
in Schedule HI, item 5(d).
(k) The use of the holding company subsidiary
bank’s automated teller machines or remote
service units by depositors of other depository
institutions. (Report the amount of such income
and fees in Schedule HI, Memoranda item 6(c),
if this amount is greater than $100,000 and
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FR Y-9C
June 2018

Schedule HI

exceeds 7 percent of the amount reported in
Schedule HI, item 5(l).)
(l) Wire transfer services, except for wire transfers
for which service charges or fees are levied on
deposit accounts of the holding company’s
depositors, for which the income is to be
reported in Schedule HI, item 5(b) “Service
charges on deposit accounts.” (Report the
amount of income and fees from wire transfers
in Schedule HI Memoranda item 6(g), if this
amount is greater than $100,000 and exceeds
7 percent of the amount reported in Schedule
HI, item 5(l).)
(2) Income and fees from the sale and printing of
checks. (Report the amount of such income and
fees in Schedule HI-Memoranda item 6(a), if this
amount is greater than $100,000 and exceeds 7 percent of the amount reported in Schedule HI,
item 5(l).)
(3) Gross rentals and other income from all real estate
reportable in Schedule HC, item 7, “Other real
estate owned.” (Report the amount of such income
in Schedule HI-Memoranda item 6(d), if this amount
is greater than $100,000 and exceeds 7 percent of
the amount reported in Schedule HI, item 5(l).)
(4) Earnings on or other increases in the value of the
cash surrender values of life insurance policies
owned by the holding company’s subsidiary bank(s).
(Report the amount of such earnings or other
increases in Schedule HI-Memoranda item 6(b) if
this amount is greater than $100,000 and exceeds
7 percent of the amount reported in Schedule HI,
item 5(l).)
(5) Annual or other periodic fees paid by holders of
credit cards issued by the holding company or its
consolidated subsidiaries. Fees that are periodically
charged to cardholders shall be deferred and recognized on a straight-line basis over the period the fee
entitles the cardholder to use the card.
(6) Charges to merchants for the bank’s handling of
credit card or charge sales when the holding company does not carry the related loan accounts on its
books. Holding companies may report this income
net of the expenses (except salaries) related to the
handling of these credit card sales.
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Schedule HI

June 2018

(7) Interchange fees earned from credit card
transactions. (Report the amount of such fees in
Schedule HI, Memoranda item 6(f) if this amount is
greater than $100,000 and exceeds 7 percent of the
amount reported in Schedule HI, item 5(l).)
(8) Gross income received for performing data processing services for others. Do not deduct the expense
of performing such services for others (report in the
appropriate items of noninterest expense).
(9) Loan commitment fees that are recognized during
the commitment period (i.e., fees retrospectively
determined and fees for commitments where exercise is remote) or included in income when the
commitment expires and loan syndication fees that
are not required to be deferred. Refer to the Glossary entry for ‘‘loan fees’’ for further information.
(10) Service charges on deposit accounts in foreign
offices.
(11) Net tellers’ overages (shortages), net recoveries
(losses) on forged checks, net recoveries (losses) on
payment of checks over stop payment orders, and
similar recurring operating gains (losses) of this
type. Holding companies should consistently report
these gains (losses) either in this item or in Schedule HI, item 7(d).
(12) Net gains (losses) from the sale or other disposal of
branches (i.e., where the reporting holding company sells a branch’s assets to another depository
institution, which assumes the deposit liabilities of
the branch). Holding companies should consistently report these net gains (losses) either in this
item or in Schedule HI, item 7(d).
(13) Net gains (losses) from all transactions involving
foreign currency or foreign exchange other than
trading transactions. Holding companies should
consistently report these net gains (losses) either in
this item or in Schedule HI, item 7(d).
(14) Rental fees applicable to operating leases for furniture and equipment rented to others.
(15) Interest received on tax refunds.
(16) Life insurance proceeds on policies for which the
holding company or its subsidiaries are the beneficiary.
(17) Credits resulting from litigation or other claims.
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Schedule HI

(18) Portions of penalties for early withdrawals of time
deposits that exceed the interest accrued or paid on
the deposit to the date of withdrawal, if material.
Penalties for early withdrawals, or portions of such
penalties, that represent the forfeiture of interest
accrued or paid to the date of withdrawal are a
reduction of interest expense and should be deducted
from the gross interest expense of the appropriate
category of time deposits in Schedule HI, item 2(a),
‘‘Interest on deposits.’’
(19) Interest income from advances to, or obligations of,
and the holding company’s proportionate share of
the income or loss before discontinued operations
from its investments in:
(a) Unconsolidated subsidiaries,
(b) Associated companies, and
(c) Corporate joint ventures, unincorporated joint
ventures, and general partnerships over which
the holding company exercises significant influence, and
(d) Noncontrolling investments in certain limited
partnerships and limited liability companies
(described in the Glossary entry for ‘‘equity
method of accounting’’),
other than those that are principally engaged in
investment banking, advisory, brokerage, or securities underwriting activities; venture capital activities; insurance and reinsurance underwriting activities; or insurance and annuity sales activities (the
income from which should be reported in Schedule HI, items 5(d)(1) through 5(d)(5) and 5(e), as
appropriate. Exclude the holding company’s proportionate share of discontinued operations of these
entities (report in Schedule HI, item 11, ‘‘Discontinued operations, net of income taxes’’).
(20) Net gains (losses) on nonhedging derivative instruments held for purposes other than trading. Holding
companies should consistently report these net
gains (losses) either in this item or in Schedule HI,
item 7(d). For further information, see the Glossary
entry for ‘‘derivative contracts.’’
(21) Gross income generated by securities contributed to
charitable contribution Clifford Trusts.
(22) Income from ground rents and air rights.
HI-14

(23) Revaluation adjustments to the carrying value of all
assets and liabilities reported in Schedule HC at fair
value under a fair value option (excluding servicing
assets and liabilities reported in Schedule HC, item
10(b), ‘‘Intangible assets,’’ and Schedule HC, item
20, ‘‘Other liabilities,’’ respectively, and assets and
liabilities reported in Schedule HC, item 5, ‘‘Trading assets,’’ and Schedule HC, item 15, ‘‘Trading
liabilities,’’ respectively) resulting from the periodic marking of such assets and liabilities to fair
value. Exclude the contractual amounts of interest
income earned and interest expense incurred on
financial assets and liabilities reported at fair value
under a fair value option, which should be reported
in the appropriate interest income or interest expense
items on Schedule HI.
(24) Gains on bargain purchases recognized and measured in accordance with ASC Topic 805, Business
Combinations (formerly referred to as FASB Statement No. 141(R) Business Combinations).

Line Item 5(m) Total noninterest income.
Report the sum of items 5(a) through 5(l).

Line Item 6(a) Realized gains (losses) on
held-to-maturity securities.
Report the net gain or loss realized during the calendar
year-to-date from the sale, exchange, redemption, or
retirement of all securities reportable in Schedule HC,
item 2(a), ‘‘Held-to-maturity securities.’’ The realized
gain or loss is the difference between the sales price
(excluding interest at the coupon rate accrued since the
last interest payment date, if any) and the amortized cost.
Also include in this item other-than-temporary impairment losses on individual held-to-maturity securities that
must be recognized in earnings. For further information
on the accounting for impairment of held-to-maturity
securities, see the Glossary entry for ‘‘securities activities.’’ If the amount to be reported in this item is a net
loss, report with a minus (-) sign.
Do not adjust for applicable income taxes (income taxes
applicable to gains (losses) on held-to-maturity securities
Schedule HI

FR Y-9C
June 2018

Schedule HI

are to be included in the applicable income taxes reported
in item 9 below).
Exclude:
(1) Realized gains (losses) on available-for-sale securities (report in Schedule HI, item 6(b) below) and
trading securities (report in Schedule HI, item 5(c)
above).
(2) Net gains (losses) from the sale of detached securities
coupons and the sale of ex-coupon securities (report
in item 5(l), ‘‘Other noninterest income,’’ or item 7(d),
‘‘Other noninterest expense,’’ as appropriate). (Refer
to the Glossary entry for ‘‘coupon stripping’’ for
further information.)
Line Item 6(b) Realized gains (losses) on
available-for-sale securities.
Report the net gain or loss realized during the calendar
year-to-date from the sale, exchange, redemption, or
retirement of all securities reportable in Schedule HC,
item 2(b), ‘‘Available-for-sale securities.’’ The realized
gain or loss is the difference between the sales price
(excluding interest at the coupon rate accrued since the
last interest payment date, if any) and the amortized cost.
Also include in this item other-than-temporary impairment losses on individual available-for-sale securities
that must be recognized in earnings. For further information on the accounting for impairment of available-forsale securities, see the Glossary entry for ‘‘securities
activities.’’ If the amount to be reported in this item is a
net loss, report with a minus (-) sign.
For holding companies that have adopted FASB Accounting Standards Update No. 2016-01 (ASU 2016-01),
which includes provisions governing the accounting for
investments in equity securities and eliminates the concept of available-for-sale equity securities (see the Note
preceding the instructions for Schedule HI, item 8(b),
include realized gains (losses) only on available-for-sale
debt securities in item 6(b). Report realized and unrealized gains (losses) during the year-to-date reporting
period on equity securities with readily determinable fair
values not held for trading in Schedule HI, item 8(b).
Exclude:
(1)
(a) For holding companies that have not adopted
ASU 2016-10, the change in net unrealized
holding gains (losses) on available-for-sale debt
and equity securities during the calendar year to
date (report in Schedule HI-A, item 12).
FR Y-9C
Schedule HI

March 2018

(b) For holding companies that have adopted ASU
2016-01, the change in net unrealized holding
gains (losses) on available-for-sale debt securities during the calendar year to date (report in
Schedule HI-A, item 12, “Other comprehensive
income”).
(2) Realized gains (losses) on held-to-maturity securities
(report in Schedule HI, item 6(a) above) and on
trading securities (report in Schedule HI, item 5(c)
above).
(3) Net gains (losses) from the sale of detached securities
coupons and the sale of ex-coupon securities (report
in item 5(l), ‘‘Other noninterest income,’’ or item 7(d),
‘‘Other noninterest expense,’’ as appropriate). (Refer
to the Glossary entry for ‘‘coupon stripping’’ for
further information.)
Line Item 7 Noninterest expense:
Line Item 7(a) Salaries and employee benefits.
Report salaries and benefits of all officers and employees
of the holding company and its consolidated subsidiaries
including guards and contracted guards, temporary office
help, dining room and cafeteria employees, and building
department officers and employees (including maintenance personnel). Include as salaries and employee benefits:
(1) Gross salaries, wages, overtime, bonuses, incentive
compensation, and extra compensation.
(2) Social security taxes and state and federal unemployment taxes paid by the consolidated holding
company.
(3) Contributions to the consolidated holding company’s retirement plan, pension fund, profit-sharing
plan, employee stock ownership plan, employee
stock purchase plan, and employee savings plan.
(4) Premiums (net of dividends received) on health and
accident, hospitalization, dental, disability, and life
insurance policies for which the consolidated holding company is not the beneficiary.
(5) Cost of office temporaries whether hired directly by
the holding company or its consolidated subsidiaries or through an outside agency.
(6) Workmen’s compensation insurance premiums.
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Schedule HI

(7) The net cost to the holding company or its consolidated subsidiaries for employee dining rooms, restaurants, and cafeterias.
(8) Accrued vacation pay earned by employees during
the calendar year-to-date.
(9) The cost of medical or health services, relocation
programs and reimbursements of moving expenses,
tuition reimbursement programs, and other so-called
fringe benefits for officers and employees.
(10) Compensation expense (service component and
interest component) related to deferred compensation agreements.
Exclude from salaries and employee benefits (report in
item 7(d), ‘‘Other noninterest expense’’):
(1) Amounts paid to attorneys, accountants, management consultants, investment counselors, and other
professionals who are not salaried officers or
employees of the holding company or its consolidated subsidiaries.
(2) The cost of holding company or consolidated subsidiary newspapers and magazines prepared for
distribution to holding company or its consolidated
subsidiaries’ officers and employees.
(3) Premiums on life insurance policies for which the
holding company or its consolidated subsidiaries
are the beneficiary.
(4) Dues, fees, and other expenses associated with
memberships in country clubs, social or private
clubs, civic organizations, and similar clubs and
organizations.
Line Item 7(b) Expenses of premises and fixed
assets.
Report all noninterest expenses related to the use of
premises, equipment, furniture, and fixtures, net of rental
income, that are reportable in Schedule HC, item 6,
‘‘Premises and fixed assets.’’ If this net amount is a credit
balance, report with a minus (-) sign.
Deduct rental income from gross premises and fixed asset
expense. Rental income includes all rentals charged for
the use of buildings not incident to their use by the
reporting holding company or its consolidated subsidiaries, including rentals by regular tenants of the holding
company’s or its consolidated subsidiaries’ buildings,
HI-16

income received from short-term rentals of other facilities of the holding company or its consolidated subsidiaries, and income from sub-leases. Also deduct income
from assets that indirectly represent premises, equipment,
furniture, or fixtures reportable in Schedule HC, item 6,
‘‘Premises and fixed assets.’’
Include as expenses of premises and fixed assets:
(1) Normal and recurring depreciation and amortization charges against assets reportable in Schedule HC, item 6, ‘‘Premises and fixed assets,’’ including capital lease assets, which are applicable to the
calendar year-to-date, whether they represent direct
reductions in the carrying value of the assets or
additions to accumulated depreciation or amortization accounts. Any method of depreciation or amortization conforming to accounting principles that
are generally acceptable for financial reporting
purposes may be used. However, depreciation for
premises and fixed assets may be based on the
Accelerated Cost Recovery System (ACRS) used
for federal income tax purposes if the results would
not be materially different from depreciation based
on the asset’s estimated useful life.
(2) All operating lease payments made by the holding
company or its consolidated subsidiaries on premises (including parking lots), equipment (including
data processing equipment), furniture, and fixtures.
(3) Cost of ordinary repairs to premises (including
leasehold improvements), equipment, furniture, and
fixtures.
(4) Cost of service or maintenance contracts for equipment, furniture, and fixtures.
(5) Cost of leasehold improvements, equipment, furniture, and fixtures charged directly to expense and
not placed on the consolidated holding company’s
books as assets.
(6) Insurance expense related to the use of premises,
equipment, furniture, and fixtures including such
coverages as fire, multi-peril, boiler, plate glass,
flood, and public liability.
(7) All property tax and other tax expense related to
premises (including leasehold improvements),
equipment, furniture, and fixtures, including deficiency payments, net of all rebates, refunds, or
credits.
Schedule HI

FR Y-9C
September 2016

Schedule HI

(8) Any portion of capital lease payments representing
executory costs such as insurance, maintenance,
and taxes.
(9) Cost of heat, electricity, water, and other utilities
connected with the use of premises and fixed assets.
(10) Cost of janitorial supplies and outside janitorial
services.
(11) Fuel, maintenance, and other expenses related to
the use of holding company- or consolidated
subsidiary-owned automobiles, airplanes, and other
vehicles for holding company or consolidated subsidiaries’ business.
Exclude from expenses of premises and fixed assets:
(1) Salaries and employee benefits (report such expenses
for all officers and employees of the holding company and its consolidated subsidiaries in item 7(a),
‘‘Salaries and employee benefits’’).
(2) Interest on mortgages, liens, or other encumbrances
on premises or equipment owned, including the
portion of capital lease payments representing interest expense (report in item 2(c), ‘‘Interest on trading
liabilities and other borrowed money’’).
(3) All expenses associated with other real estate owned
(report in item 7(d), ‘‘Other noninterest expense’’).
(4) Gross rentals from other real estate owned and fees
charged for the use of parking lots properly reported
as other real estate owned, as well as safe deposit box
rentals and rental fees applicable to operating leases
for furniture and equipment rented to others (report
in item 5(l), ‘‘Other noninterest income’’).
Line Item 7(c)(1) Goodwill impairment losses.
Report any impairment losses recognized during the
period on goodwill (as defined for Schedule HC,
item 10(a)). Exclude goodwill impairment losses associated with discontinued operations (report such losses on a
net-of-tax basis in Schedule HI, item 11, ‘‘Discontinued
operations, net of applicable income taxes’’).
A holding company that meets the definition of a private
company in U.S. generally accepted accounting principles and has elected the accounting alternative for the
amortization of goodwill in ASC Subtopic 350-20, Intangibles – Goodwill and Other – Goodwill (formerly FASB
Statement No. 142, “Goodwill and Other Intangible
FR Y-9C
Schedule HI

March 2016

Assets”), as amended by Accounting Standards Update
No. 2014-02, “Accounting for Goodwill,” should report
the amortization expense of goodwill in this item.
Exclude goodwill amortization expense associated with
discontinued operations (report such expense on a net-oftax basis in Schedule HI, item 11, “Discontinued operations, net of applicable income taxes”). A private company that elects the accounting alternative for the
subsequent measurement of goodwill should amortize
each amortizable unit of goodwill on a straight-line basis
over ten years (or less than ten years if the private
company demonstrates that another useful life is more
appropriate).
Except when the private company accounting alternative
described above has been elected, goodwill should not be
amortized. However, regardless of whether goodwill is
amortized, it must be tested for impairment as described
in the Glossary entry for “goodwill.”
Impairment losses on goodwill should be tested at the
consolidated holding company level in accordance with
ASC Topic 350, Intangibles-Goodwill and Other (formerly FASB Statement No. 142, Goodwill and Other
Intangible Assets), if there is impairment losses at a
subsidiary level using the subsidiary’s reporting units. If
goodwill impairment loss is recognized at a subsidiary
level, then goodwill of the reporting unit or units (at the
higher consolidated level) in which the subsidiary’s
reporting unit with impaired goodwill resides must be
tested for impairment if the events or conditions that gave
rise to the loss at the subsidiary level would more likely
than not reduce the fair value of the reporting unit (at the
higher consolidated level) below its carrying amount.
Only if goodwill at that higher-level reporting unit is
impaired would a goodwill impairment loss be recognized at the consolidated level.
Goodwill is considered impaired when the amount of
goodwill exceeds its implied fair value at the reporting
unit level. If the carrying amount of reporting unit
goodwill exceeds its implied fair value, an impairment
loss must be recognized in earnings in an amount equal to
that excess and reported in this item. The loss recognized
cannot exceed the carrying amount of the reporting unit’s
goodwill. After a goodwill impairment loss is recognized, the adjusted carrying amount of goodwill shall be
its new accounting basis. Subsequent reversal of a previously recognized goodwill impairment loss is prohibited
once the measurement of that loss is completed.
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Schedule HI

Goodwill of a reporting unit must be tested for impairment annually and between annual tests if an event
occurs or circumstances change that would more likely
than not reduce the fair value of a reporting unit below its
carrying amount. Examples of such events or circumstances include a significant adverse change in the business climate, unanticipated competition, a loss of key
personnel, and an expectation that a reporting unit or a
significant portion of a reporting unit will be sold or
otherwise disposed of. In addition, goodwill must be
tested for impairment after a portion of goodwill has been
allocated to a business to be disposed of.
When a reporting unit is to be disposed of in its entirety,
goodwill of that reporting unit must be included in the
carrying amount of the reporting unit in determining the
gain or loss on disposal. When a portion of a reporting
unit that constitutes a business is to be disposed of,
goodwill associated with that business must be included
in the carrying amount of the business in determining the
gain or loss on disposal. Otherwise, a holding company
may not remove goodwill from its balance sheet, for
example, by “selling” or “dividending” this asset to its
parent holding company or another affiliate.
Line Item 7(c)(2) Amortization expense and
impairment losses for other intangible assets.
Report the amortization expense of any impairment
losses on “intangible assets” (other than goodwill and
servicing assets) reportable in (Schedule HC-M item
12(c)). Under ASC Topic 350, Intangibles-Goodwill and
Other (formerly FASB Statement No. 142, Goodwill and
Other Intangible Assets), intangible assets that have
indefinite useful lives should not be amortized but must
be tested at least annually for impairment. Intangible
assets that have finite useful lives must be amortized over
their useful lives and must be reviewed for impairment in
accordance with ASC Topic 360, Property, Plant, and
Equipment (formerly FASB Statement No. 144, Accounting for the Impairment of Long-Lived Assets).
Exclude the amortization expense of and any impairment
losses on servicing assets, which should be netted against
the servicing income reported in Schedule HI, item
5(f), ‘‘Net servicing fees,’’ above.
Line Item 7(d) Other noninterest expense.
Report all operating expenses of the holding company for
the calendar year-to-date not required to be reported
HI-18

elsewhere in Schedule HI. Disclose in Schedule HI,
Memoranda items 7(a) through 7(p), each component of
other noninterest expense, and the dollar amount of such
component, that is greater than $100,000 and exceeds 7
percent of the other noninterest expense reported in this
item. If net gains have been reported in this item for a
component of ‘‘Other noninterest expense,’’ use the
absolute value of such net gains to determine whether the
amount of the net gains is greater than $100,000 and
exceeds 7 percent of ‘‘Other noninterest expense’’ and
should be reported in Schedule HI, Memoranda item 7.
(The absolute value refers to the magnitude of the dollar
amount without regard to whether the amount represents
net gains or net losses.) Preprinted captions have been
provided in Memoranda items 7(a) through 7(m) for
reporting the following components of other noninterest
expense if the component exceeds this disclosure threshold: data processing expenses; advertising and marketing
expenses; directors’ fees; printing, stationery, and supplies; postage; legal fees and expenses; FDIC deposit
insurance assessments; accounting and auditing expenses;
consulting and advisory expenses; automated teller
machine (ATM) and interchange expenses; and telecommunications expenses; other real estate owned expense;
and insurance expenses (not included in employee
expense, premises and fixed asset expenses and other real
estate owned expenses). For each component of other
noninterest expense that exceeds this disclosure threshold
for which a preprinted caption has not been provided
describe the component with a clear but concise caption
in Schedule HI, Memoranda items 7(n) through 7(p).
These descriptions should not exceed 50 characters in
length (including spacing between words).
For disclosure purposes in Schedule HI, memoranda
items 7(a) through 7(m), when components of “Other
noninterest expense” reflect a single charge for separate
“bundled services” provided by third party vendors,
disclose such amounts in the item with the preprinted
caption that most closely describes the predominant type
of expense incurred, and this categorization should be
used consistently over time.
Include as other noninterest expense:
(1) Fees paid to directors and advisory directors for
attendance at board of directors or committee meetings (including travel and expense allowances).
(Report the amount of such fees in Schedule HI,
Memoranda item 7(c), if this amount is greater than
Schedule HI

FR Y-9C
June 2018

Schedule HI

$100,000 and exceeds 7 percent of the amount
reported in Schedule HI, item 7(d).)
(2) Premiums on fidelity insurance (blanket bond,
excess employee dishonesty bond), directors’ and
officers’ liability insurance, life insurance policies
for which the holding company or its consolidated
subsidiaries are the beneficiary and other insurance
policies for which the premiums are not included in
salaries and employee benefits, expenses of premises and fixed assets, and expenses of other real
estate owned. (Report the amount of such insurance
expenses in Schedule HI, Memoranda item 7(m), if
this amount is greater than $100,000 and exceeds 7
percent of the amount reported in Schedule HI,
item 7(d).)
(3) Federal deposit insurance and Comptroller of the
Currency assessment expense net of all assessment
credits during the period. (Report the amount of
such assessments in Schedule HI, Memoranda item
7(g), if this amount is greater than $100,000 and
exceeds 7 percent of the amount reported in Schedule HI, item 7(d).)
(4) Legal fees and other direct costs incurred in connection with foreclosures and subsequent noninterest
expenses related to holdings of real estate owned
other than holding company (or its consolidated
subsidiaries) premises (including depreciation
charges or other write-downs if prescribed by law
or by regulatory agencies or if otherwise
appropriate). (Report the amount of such expenses
in Schedule HI, Memoranda item 7(l), if this
amount is greater than $100,000 and exceeds 7
percent of the amount reported in Schedule HI,
item 7(d).)
(5) Sales taxes, taxes based on the number of shares
of holding company stock outstanding, taxes based
on the consolidated holding company’s total assets
or total deposits, taxes based on the bank’s gross
revenues or gross receipts, capital stock taxes, and
other taxes not included in other categories of
expense. Exclude any foreign, state, and local taxes
based on a net amount of revenues less expenses
(report as applicable income taxes in item 9).
(6) Cost of data processing services performed for the
consolidated holding company by others. (Report
the amount of such expenses in Schedule HI,
FR Y-9C
Schedule HI

June 2018

Memoranda item 7(a), if this amount is greater than
$100,000 and exceeds 7 percent of the amount
reported in Schedule HI, item 7(d).)
(7) Advertising, promotional, public relations, and
business development expenses. Also include the
cost of athletic activities in which officers and
employees participate when the purpose may be
construed to be for public relations with employee
benefits only incidental to the activities. (Report the
amount of such expenses in Schedule HI, Memoranda item 7(b), if this amount is greater than
$100,000 and exceeds 7 percent of the amount
reported in Schedule HI, item 7(d).)
(8) Costs of gifts or premiums (whether in the form
of merchandise, credit, or cash) given to depositors
at the time of the opening of a new account or an
addition to, or renewal of, an existing account.
(9) Fees levied by deposit brokers that are, in substance, retainer fees or that otherwise do not represent an adjustment to the interest rate paid on
deposits the reporting bank acquires through brokers. However, report as interest expense on the
appropriate category of deposits those finders’ fees
and brokers’ fees that do represent an adjustment to
the interest rate paid on brokered deposits.
(10) Research and development costs and costs incurred
in the internal development of computer software.
(11) Net losses (gains) from all transactions involving
foreign currency or foreign exchange other than
trading transactions. Holding companies should
consistently report these net losses (gains) either in
this item or in Schedule HI, item 5(l) above.
(12) Charges resulting from litigation or other claims.
(13) Charitable contributions including donations by
Clifford Trusts.
(14) Retainer fees, legal fees, and other fees and expenses
paid to attorneys who are not officers or employees
of the holding company or its consolidated subsidiaries. (Report the amount of such expenses in
Schedule HI, Memoranda item 7(f), if this amount
is greater than $100,000 and exceeds 7 percent of
the amount reported in Schedule HI, item 7(d).)
(15) Office supplies purchased, printing, and postage.
(Report the amount of such expenses in either
HI-19

Schedule HI

Schedule HI, Memoranda item 7(d) and or 7(e), if
the amounts for each category is greater than
$100,000 and exceeds 7 percent of the amount
reported in Schedule HI, item 7(d).)

(25) The cost of newspapers and magazines of the
holding company or its consolidated subsidiaries
prepared for distribution to bank officers and
employees or to others.

(16) Telecommunications expenses, including any
expenses associated with telephone, telegraph,
cable, and internet services (including web page
maintenance). (Report the amount of such expenses
in Schedule HI, Memoranda item 7(k), if this
amount is greater than $100,000 and exceeds 7
percent of the amount reported in Schedule HI,
item 7(d).)

(26) Depreciation expense of furniture and equipment
rented to others under operating leases.

(17) Examination and other fees levied by the Federal
Reserve.
(18) Net tellers’ shortages, forged check losses, losses
on payment of checks over stop payment orders,
losses from counterfeit money, and similar recurring operating losses of this type.
(19) Losses from robberies, defalcations, and other
criminal acts not covered by the consolidated holding company’s blanket bond.
(20) Travel and entertainment expenses, including costs
incurred by officers and employees of the holding
company or its consolidated subsidiaries for attending meetings and conventions.
(21) Dues, fees, and other expenses associated with
memberships in country clubs, social or private
clubs, civic organizations, and similar clubs and
organizations.
(22) Civil money penalties and fines.
(23) All service charges, commissions, and fees levied
by others for the repossession of assets and the
collection of the consolidated holding company’s
loans or other assets, including charged-off loans or
other charged-off assets.
(24) Expenses (except salaries) related to handling credit
card or charge sales received from merchants when
the holding company or its consolidated subsidiaries do not carry the related loan accounts on its
books. Holding companies are also permitted to net
these expenses against their charges to merchants
for the holding company’s handling of these sales
reported in item 5(l) above.
HI-20

(27) Cost of checks provided to depositors.
(28) Amortization expense of purchased computer software and of the costs of computer software to be
sold, leased, or otherwise marketed capitalized in
accordance with the provision of ASC Subtopic
985-20, Software – Costs of Software to Be Sold,
Leased or Marketed (formerly FASB Statement
No. 86, Accounting for the Cost of Computer
Software to Be Sold, Leased, or Otherwise Marketed).
(29) Net losses (gains) on nonhedging derivative instruments held for purposes other than trading. Holding
companies should consistently report these net
losses (gains) either in this item or in Schedule HI, item 5(l). For further information, see the
Glossary entry for ‘‘derivative contracts.’’
(30) Net tellers’ shortages (overages), net losses (recoveries) on forged checks, net losses (recoveries) on
payment of checks over stop payment orders, and
similar recurring operating losses (gains) of this
type. Holding companies should consistently report
these losses (gains) either in this item or in Schedule HI, item 5(l).
(31) Benefit, losses and expenses from insurance-related
activities. (Also report separately in Schedule HI,
memorandum item 12(c)).
(32) Provision for credit losses on off-balance sheet
credit exposures.
(33) Net losses (gains) from the extinguishment of
liabilities (debt), including losses resulting from the
payment of prepayment penalties on borrowings
such as Federal Home Loan Bank advances. However, if a holding company’s debt extinguishments
normally result in net gains over time, then the
bank should consistently report its net gains (losses)
in Schedule HI, item 5(l), ‘‘Other noninterest
income.’’
(34) Fees for accounting, auditing, and attestation services, retainer fees, and other fees and expenses
Schedule HI

FR Y-9C
June 2018

Schedule HI

paid to accountants and auditors who are not holding company officers or employees. (Report the
amount of such expenses in Schedule HI, Memoranda item 7(h), if this amount is greater than
$100,000 and exceeds 7 percent of the amount
reported in Schedule HI, item 7(d).)
(35) Fees for consulting and advisory services, retainer
fees, and other fees and expenses paid to management consultants, investment advisors, and other
professionals (other than attorneys providing legal
services and accountants providing accounting,
auditing, and attestation services) who are not
holding company officers or employees. (Report
the amount of such expenses in Schedule HIMemoranda item 7(i), if this amount is greater than
$100,000 and exceeds 7 percent of the amount
reported in Schedule HI, item 7(d).)
(36) Automated teller machine (ATM) and interchange
expenses from bank card and credit card transactions. (Report the amount of such expenses in
Schedule HI, Memoranda item 7(j), if this amount
is greater than $100,000 and exceeds 7 percent of
the amount reported in Schedule HI, item 7(d).)
Exclude from other noninterest expense:
(1) Material expenses incurred in the issuance of subordinated notes and debentures (capitalize such
expenses and amortize them over the life of the
related notes and debentures, using the effective
interest method, and report the expense in item 2(d)
“Interest on subordinated notes and debentures.” For
further information, see the Glossary entry for “Debt
issuance costs.”
(2) Expenses incurred in the sale of preferred and common stock. (Deduct such expenses from the sale
proceeds and credit the net amount to the appropriate
stock account. For perpetual preferred and common
stock only, report the net sales proceeds in Schedule HI-A, item 5(a), ‘‘Sale of perpetual preferred
stock, gross’’ and item 6(a), ‘‘Sale of common stock,
gross’’ as appropriate.)
(3) Depreciation and other expenses related to the use of
automobiles owned by the holding company or its
consolidated subsidiaries, airplanes, and other vehicles for holding company (or its consolidated subsidiaries) business (report in item 7(b), “Expenses on
premises and fixed assets, net of rental income”).
FR Y-9C
Schedule HI

June 2018

(4) Write-downs of the cost basis of individual heldto-maturity and available-for-sale securities for
other than temporary impairments (report in Schedule HI, item 6(a), ‘‘Realized gains (losses) on heldto-maturity securities,’’ and item 6(b), ‘‘Realized
gains (losses) on available-for-sale securities,’’
respectively).
(5) Revaluation adjustments to the carrying value of all
assets and liabilities reported in Schedule HC at fair
value under a fair value option. Holding companies
should report these net decreases (increases) in fair
value on trading assets and liabilities in Schedule HI,
item 5(c); on servicing assets and liabilities in Schedule HI, item 5(f); and on other financial assets and
liabilities in Schedule HI, item 5(l). Contractual
amounts of interest income earned and interest
expense incurred on these financial assets and liabilities should be excluded from the net decreases
(increases) in fair value and reported in the appropriate interest income or interest expense items on
Schedule HI.
Line Item 7(e) Total noninterest expense.
Report the sum of items 7(a) through 7(d).
Line Item 8(a) Income (loss) before unrealized
holding gains (losses) on equity securities not held
for trading, applicable income taxes, and
discontinued operations.
Report the holding company’s pretax income from continuing operations before unrealized holding gains (losses)
on equity securities not held for trading. This amount will
generally be determined by taking item 3, “Net interest
income,” minus item 4, “Provision for loan and lease
losses,” plus item 5(m), “Total noninterest income,” plus
or minus item 6(a), “Realized gains (losses) on held-tomaturity securities,” plus or minus item 6(b), “Realized
gains (losses) on available-for-sale securities,” minus
item 7(e), “Total noninterest expense.” If the result is
negative, report with a minus (-) sign.
NOTE: Item 8(b) is to be completed only by institutions
that have adopted FASB Accounting Standards Update
No. 2016-01 (ASU 2016-01), which includes provisions
governing the accounting for investments in equity securities and eliminates the concept of available-for-sale
equity securities. ASU 2016-01 requires holdings of
equity securities (except those accounted for under the
HI-21

Schedule HI

equity method or that result in consolidation), including
other ownership interests (such as partnerships, unincorporated joint ventures, and limited liability companies),
to be measured at fair value with changes in the fair value
recognized through net income. However, an institution
may choose to measure equity securities and other equity
investments that do not have readily determinable fair
values at cost minus impairment, if any, plus or minus
changes resulting from observable price changes in
orderly transactions for the identical or a similar investment of the same issuer.
Holding companies that have not adopted ASU 2016-01
should leave item 8(b) blank and report their unrealized
gains (losses) on available-for-sale equity securities during the year-to-date reporting period in Schedule HI-A,
item 12, “Other comprehensive income”.
For holding companies that are public business entities,
as defined in U.S. GAAP, ASU 2016-01 is effective for
fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. For example, a holding company with a calendar year fiscal year
that is a public business entity must begin to apply ASU
2016-01 in its FR Y-9C report for March 31, 2018. For
all other holding companies, ASU 2016-01 is effective
for fiscal years beginning after December 15, 2018, and
interim periods within fiscal years beginning after December 15, 2019. For example, a holding company with a
calendar year fiscal year that is not a public business
entity must begin to apply ASU 2016-01 in its FR Y-9C
report for December 31, 2019. Early application of ASU
2016-01 is permitted for all holding companies that are
not public business entities as of fiscal years beginning
after December 15, 2017, including interim periods
within those fiscal years.
Line Item 8(b) Unrealized holding gains (losses)
on equity securities not held for trading.
Report unrealized holding gains (losses) during the yearto-date reporting period on equity securities with readily
determinable fair values not held for trading. Include
unrealized holding gains (losses) during the year-to-date
reporting period on equity securities and other equity
investments without readily determinable fair values not
held for trading that are measured at fair value through
earnings. Also include impairment, if any, plus or minus
changes resulting from observable price changes during
the year-to-date reporting period on equity securities and
other equity investments without readily determinable
HI-22

fair values not held for trading for which this measurement election is made.
Include realized gains (losses) on equity securities and
other equity investments during the year-to-date reporting period. A realized gain (loss) arises if a holding
company sells an equity security or other equity investment, but had not yet recorded in earnings the change in
value to the point of sale since the last value change was
recorded.
Line Item 8(c) Income (loss) before applicable
income taxes and discontinued operations.
Report the holding company’s pretax income from continuing operations as the sum of Schedule HI, item 8(a),
“Income (loss) before unrealized holding gains (losses)
on equity securities not held for trading, applicable
income taxes, and discontinued operations,” and Schedule HI, item 8(b), “Unrealized holding gains (losses) on
equity securities not held for trading.” If the amount is
negative, report it with a minus (-) sign.
Line Item 9 Applicable income taxes (on item 8(c)).
Report the total estimated federal, state and local, and
foreign income tax expense applicable to item 8(c),
“Income (loss) before applicable income taxes and discontinued operations.” Include both the current and
deferred portions of these income taxes. If the amount is
a tax benefit rather than tax expense, report with a minus
(-) sign.
Include as applicable income taxes all taxes based on a
net amount of taxable revenues less deductible expenses.
Exclude from applicable income taxes all taxes based on
gross revenues or gross receipts (report such taxes in
item 7(d), ‘‘Other noninterest expense’’).
Include income tax effects of changes in tax laws or rates.
Also include the effect of changes in the valuation
allowance related to deferred tax assets resulting from a
change in estimate of the realizability of deferred tax
assets, excluding the effect of any valuation allowance
changes related to unrealized holding gains (losses) on
available-for-sale securities that are charged or credited
directly to the separate component of equity capital for
“Accumulated other comprehensive income” (Schedule
HC, item 26(b)).
Include the tax benefit of an operating loss carryforward
or carryback for which the source of the income or loss in
the current year is reported in Schedule HI, item 8(a),
Schedule HI

FR Y-9C
June 2018

Schedule HI

“Income (loss) before applicable income taxes and discontinued operations.”
Also include the dollar amount of any material adjustments or settlements reached with a taxing authority
(whether negotiated or adjudicated) relating to disputed
income taxes of prior years.
Exclude the estimated federal, state and local, and foreign income taxes applicable to:
(1) Item 11, “Discontinued operations, net of applicable
taxes.’’
(2) Schedule HI-A, item 2, ‘‘Cumulative effect of changes
in accounting principles and corrections of material
accounting errors.’’
(3) Schedule HI-A, item 12, ‘‘Other comprehensive
income.’’
Line Item 10 Income (loss) before discontinued
operations.
Report the difference between item 8(a), ‘‘Income (loss)
before applicable income taxes and discontinued operations’’ and item 9, ‘‘Applicable income taxes (on
item 8(c)).’’ If the amount is negative, report with a
minus (-) sign.
Line Item 11 Discontinued operations, net of
applicable income taxes.
Report the results of discontinued operations, if any, net
of applicable income taxes, as determined in accordance
with the provisions of ASC Subtopic 205-20, Presentation of Financial Statements—Discontinued Operations
(formerly FASB Statement No. 144, “Accounting for the
Impairment of Long-Lived Assets”). If the amount
reported in this item is a net loss, report with a minus (-)
sign.
Line Item 12 Net income (loss) attributable to
holding company and noncontrolling (minority)
interests.
Report the sum of Schedule HI, items 10 and 11. If this
amount is a net loss, report with a minus (-) sign.
Line Item 13 LESS: Net income (loss)
attributable to noncontrolling (minority) interests.
Report that portion of consolidated net income reported
in Schedule HI, item 12, above, attributable to nonconFR Y-9C
Schedule HI

June 2018

trolling interests of subsidiaries of the holding company.
A noncontrolling interest, also called a minority interest,
is the portion of equity in a holding company’s subsidiary
not attributable, directly or indirectly, to the parent
holding company. If the amount reported in this item is a
net loss, report with a minus (-) sign.
Line Item 14 Net income (loss) attributable to
company.
Report Schedule HI, item 12 less item 13. If this amount
is a net loss, report with a minus (-) sign.

Memoranda
Line Item M1 Net interest income (item 3 above)
on a fully taxable equivalent basis.
Report net interest income (Schedule HI, item 3 above)
on a fully taxable equivalent basis. The amount reported
in this item should reflect what net interest income of the
reporting holding company would be if all its interest
income was subject to federal and state income taxes.
The following accounts on which the interest income is
fully or partially tax-exempt, should be adjusted to a
‘‘taxable equivalent’’ basis in order that the holding
company can compute its net interest income on a fully
taxable equivalent basis:
(1) interest income on tax-exempt obligations (other than
securities) of states and political subdivisions in the
U.S. (included in Schedule HI, item 1(a));
(2) income on tax-exempt securities issued by states and
political subdivisions in the U.S. (included in Schedule HI, item 1(d)(3));
(3) income on lease financing receivables that is taxexempt (included in Schedule HI, item 1(b)); and
(4) any other interest income (such as interest income
earned on loans to an Employee Stock Ownership
Plan), which under state or federal laws is partially or
in its entirety exempt from income taxes.
The changes to the 1986 Tax Reform Act must be taken
into consideration when computing net interest income
on a fully taxable equivalent basis. The 1986 Act, in
general, disallowed 100% of the interest expense allocable to tax-exempt obligations acquired after August 7,
1986. Previous to that date, and after December 31, 1982,
the disallowance percentage was 20%; previous to December 31, 1982, the disallowance was 0%.
HI-23

Schedule HI

Line Item M2 Net income before applicable
income taxes, and discontinued operations (item 8
above) on a fully taxable equivalent basis.
Report net income before applicable income taxes, and
discontinued operations (item 8 above) on a fully taxable
equivalent basis. The amount reported in this item should
reflect what net income of the reporting holding company
would be if all its income was subject to federal and state
income taxes. For purposes of this item, include net
interest income on a fully taxable equivalent basis as
reported in memoranda item 1 above plus all other
income and expense adjusted to reflect the holding
company’s net income on a fully taxable equivalent
basis.
Line Item M3 Income on tax-exempt loans and
leases to states and political subdivisions in the U.S.
(included in items 1(a) and 1(b) above).
Report the holding company’s best estimate of the
income from all tax-exempt loans and leases extended
to states and political subdivisions in the U.S. that is
included in items 1(a) and 1(b) above.
Tax-exempt loans and leases are those loans and leases to
states and political subdivisions in the U.S. whose income
is excludable from gross income for federal income tax
purposes, regardless of whether the income from the loan
or lease must be included in the holding company’s
alternative minimum taxable income and regardless of
the federal income tax treatment of the expense incurred
to carry the loan or lease.

quarter ending on the report date and divide this amount
by the number of hours a full-time employee would have
been expected to work during the quarter. Round the
result to the nearest whole number and add it to the
number of full-time employees. (A full-time employee
may be expected to work more or less than 40 hours each
week, depending on the policies of the reporting holding
company.)
Line Item M6 Other noninterest income (only
report amounts greater than $100,000 that exceed
7% of Schedule HI, item 5(l)).
Disclose in memoranda items 6(a) through 6(j) each
component of Schedule HI, item 5(l), “Other noninterest
income,” and the dollar amount of such component, that
is greater than $100,000 and exceeds 7 percent of the
“Other noninterest income.”
Preprinted captions have been provided for the following
categories of “Other noninterest income”:
• M6(a), “Income and fees from the printing and sale of
checks,”
• M6(b), “Earnings on/increase in value of cash surrender value of life insurance,”
• M6(c), “Income and fees from automated teller
machines (ATMs),”
• M6(d), “Rent and other income from other real estate
owned,”
• M6(e), “Safe deposit box rent,”

Line Item M4 Income on tax-exempt securities
issued by states and political subdivisions in the U.S.
(included in item 1(d)(3) above).

• M6(f), “Bank card and credit card interchange fees.”

Report the holding company’s best estimate of the
income from all tax-exempt securities issued by states
and political subdivisions in the U.S. that is included in
item 1(d)(3) above.

Report the number of full-time equivalent employees on
the payroll of the holding company and its consolidated
subsidiaries as of the report date.

Although descriptions of these components of “Other
noninterest income” are included in the instructions for
Schedule HI-5(l), holding companies need not adjust
their internal noninterest income definitions to match the
descriptions in item 5(l). Rather, holding companies may
report the components of their “Other noninterest income”
using their internal definitions that reasonably correspond to the preprinted captions provided for this item,
provided the internal definitions are used consistently
over time.

To convert the number of part-time employees to fulltime equivalent employees, add the total number of hours
all part-time and temporary employees worked during the

For other components of “Other noninterest income” that
exceed the disclosure threshold, list and briefly describe
these components in memoranda items 6(h) through 6(j).

Line Item M5 Number of full-time equivalent
employees at end of current period.

HI-24

• M6(g), “Income and fees from wire transfers not
reportable as service charges on deposit accounts.”

Schedule HI

FR Y-9C
June 2018

Schedule HI

For components of ‘‘Other noninterest income’’ that
reflect a single credit for separate ‘‘bundled services’’
provided through third party vendors, disclose such
amounts in the item that most closely describes the
predominant type of income earned, and this categorization should be used consistently over time.
If net losses have been reported in Schedule HI, item 5(l),
for a component of ‘‘Other noninterest income,’’ use the
absolute value of such net losses to determine whether
the amount of the net losses is greater than $100,000 and
exceeds 7 percent of “Other noninterest income” and
should be reported in this item. (The absolute value refers
to the magnitude of the dollar amount without regard to
whether the amount represents net gains or net losses.) If
net losses are reported in this item, report with a minus (-)
sign. A sample of the types of items that may require
disclosure has been included in the instructions to
item 5(l) above. The description of each item reported in
memoranda items 6(h) through 6(j) should be reported in
the area marked as ‘‘text’’ on the report form in a clear
and concise manner and limited to 132 characters per
item (including punctuation and spaces). Do not use
words such as ‘‘miscellaneous’’ or ‘‘other’’ to describe
these items. The dollar amount should be reported in the
adjacent column on the right. If there are no reportable
amounts for memoranda items 6(h) through 6(j), then
these items should be left blank.
Line Item M7 Other noninterest expense (only
report amounts greater than $100,000 that exceed
7% of the sum of Schedule HI, item 7(d)).
Disclose in memoranda items 7(a) through 7(p) each
component of Schedule HI, item 7(d), “Other noninterest
expense,” and the dollar amount of such component, that
is greater than $100,000 and exceeds 7 percent of the
‘‘Other noninterest expense.’’
Preprinted captions have been provided for the following
categories of “Other noninterest expense”:
• M7(a), “Data processing expenses,”
• M7(b), “Advertising and marketing expenses,”
• M7(c), “Directors’ fees,”
• M7(d), “Printing, stationery, and supplies,”
• M7(e), “Postage,”
• M7(f), “Legal fees and expenses,”
FR Y-9C
Schedule HI

June 2018

• M7(g), “FDIC deposit insurance assessments,”
• M7(h), “Accounting and auditing expenses,”
• M7(i), “Consulting and advisory expenses,”
• M7(j), “Automated teller machine (ATM) and interchange expenses,” and
• M7(k), “Telecommunications expenses.”
• M7(l), “Other real estate owned expenses.”
• M7(m) “Insurance Expenses (not included in employee
expenses, premises and fixed assets expenses), and
other real estate owned expenses.”
Although descriptions of these components of “Other
noninterest expense” are included in the instructions for
Schedule HI-7(d), holding companies need not adjust
their internal noninterest expense definitions to match the
descriptions in item 7(d). Rather, holding companies may
report the components of their “Other noninterest
expense” using their internal definitions that reasonably
correspond to the preprinted captions provided for this
item, provided the internal definitions are used consistently over time.
For other components of “Other noninterest expense”
that exceed the disclosure threshold, list and briefly
describe these components in memoranda items 7(n)
through 7(p).
For components of “Other noninterest expense” that
reflect a single charge for separate “bundled services”
provided by third-party vendors, disclose such amounts
in the item that most closely describes the predominant
type of expense incurred, and this categorization should
be used consistently over time.
Do not itemize “Benefits, losses, and expenses from
insurance-related activities.” These amounts are reported
separately in Schedule HI, memorandum item 12(c).
If net gains have been reported in this item for a
component of ‘‘Other noninterest expense,’’ use the
absolute value of such net gains to determine whether the
amount of the net gains is greater than $100,000 and
exceeds 7 percent of “Other noninterest expense” and
should be reported in this item. (The absolute value refers
to the magnitude of the dollar amount without regard to
whether the amount represents net gains or net losses.) If
net gains are reported in this item, report with a minus (-)
sign. A sample of the types of items that may require
disclosure has been included in the instructions to
HI-25

Schedule HI

item 7(d) above. The description of each item reported in
memoranda items 7(n) through 7(p) should be reported in
the area marked as ‘‘text’’ on the report form in a clear
and concise manner and limited to 132 characters per
item (including punctuation and spaces). Do not use
words such as ‘‘miscellaneous’’ or ‘‘other’’ to describe
these items. The dollar amount should be reported in the
adjacent column on the right. If there are no reportable
amounts for memoranda items 7(n) through 7(p), then
these items should be left blank.
Line Item M8 Discontinued operations and
applicable income tax effect.
List and briefly describe in items M8(a) through M8(c)
below each of the discontinued operations included in
item 11, “Discontinued operations net of applicable
income taxes.” However, each item should be reported
separately, gross of income taxes and the income tax
effect separately reported, as indicated.
If discontinued operations is a loss or otherwise reduces
the holding company’s income, report with a minus (-)
sign. If an applicable income tax effect is a tax benefit
(rather than a tax expense), report with a minus (-) sign.
Line Item M9 Trading revenue (from cash
instruments and derivative instruments).
Memorandum items 9(a) through 9(e) are to be completed by holding companies that reported total trading
assets (in Schedule HC item 5) of $10 million or more for
any quarter of the preceding calendar year.
Report, in Memorandum items 9(a) through 9(e) below, a
breakdown of trading revenue that has been included in
the body of the income statement in Schedule HI, item
5(c). For each of the four types of underlying risk
exposure, report the combined revenue (net gains and
losses) from trading cash instruments and derivative
instruments. For purposes of Memorandum item 9, the
reporting holding company should determine the underlying risk exposure category in which to report the
trading revenue from cash instruments and derivative
instruments in the same manner that the holding company makes this determination for other financial reporting purposes. The sum of Memorandum items 9(a)
through 9(e) must equal Schedule HI, item 5(c).
Line Item M9(a)

Interest rate exposures.

Report in this item net gains (losses) from trading cash
instruments and derivative contracts that the reporting
HI-26

holding company manages as interest rate exposures.
Interest rate exposures may arise from cash debt instruments (e.g., U.S. Treasury securities) and interest rate
contracts. Interest rate contracts are those contracts
related to an interest-bearing financial instrument or
whose cash flows are determined by referencing interest
rates or another interest rate contract (e.g., an option on a
futures contract to purchase a Treasury bill). Interest rate
contracts include single currency interest rate swaps,
basis swaps, forward rate agreements, and interest rate
options, including caps, floors, collars, and corridors.
Exclude trading revenue on contracts involving the
exchange of foreign currencies (e.g., cross-currency
swaps and currency options) that the reporting holding
company manages as foreign exchange exposures. Report
such trading revenue in Memorandum item 9(b).
Line Item M9(b)

Foreign exchange exposures.

Report in this item net gains (losses) from trading cash
instruments and derivative contracts that the reporting
holding company manages as foreign exchange exposures. Foreign exchange exposures may arise from cash
instruments (e.g., debt securities) denominated in nonU.S. currencies and foreign exchange rate contracts.
Foreign exchange rate contracts are those contracts to
purchase foreign (non-U.S.) currencies and U.S. dollar
exchange in the forward market (i.e., on an organized
exchange or in an over-the-counter market). A purchase
of U.S. dollar exchange is equivalent to a sale of foreign
currency. Foreign exchange rate contracts include crosscurrency interest rate swaps where there is an exchange
of principal, forward and spot foreign exchange contracts, and currency futures and currency options.
Line Item M9(c)
exposures.

Equity security and index

Report in this item net gains (losses) from trading cash
instruments and derivative contracts that the reporting
holding company manages as equity security and index
exposures. Equity security or index exposures may arise
from equity securities and equity security or index (i.e.,
equity derivative) contracts. Equity derivative contracts
are contracts that have a return, or a portion of their
return, linked to the price of a particular equity or to an
index of equity prices, such as the Standard and Poor’s
500.
Schedule HI

FR Y-9C
June 2018

Schedule HI

Line Item M9(d)

Commodity and other exposures.

Report in this item net gains (losses) from trading cash
instruments and derivative contracts that the reporting
holding company manages as commodity or other exposures. Commodity or other exposures may arise from
commodities and commodity and other derivative contracts not reported as interest rate, foreign exchange,
equity, or credit derivative contracts. Commodity and
other contracts are contracts that have a return, or a
portion of their return, linked to the price or to an index
of precious metals, petroleum, lumber, agricultural products, etc. Commodity and other contracts also include
any other contracts that are not reportable as interest rate,
foreign exchange, equity, or credit derivative contracts.

Line Item M9(g) Impact on trading revenue of
changes in the creditworthiness of the holding
company on the holding company’s derivative
liabilities (included in Memorandum items 9(a)
through 9(e) above).
Report in this item the amount included in the trading
revenue reported in Schedule HI, Memorandum items
9(a) through 9(e), above that resulted from changes
during the calendar year-to-date in the holding company’s debit valuation adjustment (DVA). A DVA is the
adjustment to the fair value of derivatives that accounts
for possible nonperformance of the holding company. It
is an estimate of the fair value of the holding company’s
own credit risk to its counterparties.

Line Item M9(e)

Memorandum items 10(a) and 10(b) are to be completed
by holding companies with $10 billion or more in total
consolidated assets.

Credit exposures.

Report in this item net gains (losses) from trading cash
instruments and derivative contracts that the reporting
holding company manages as credit exposures. Credit
exposures may arise from cash debt instruments (e.g.,
debt securities) and credit derivative contracts. In general, credit derivative contracts are arrangements that
allow one party (the ‘‘beneficiary’’) to transfer the credit
risk of a ‘‘reference asset’’ or ″reference entity″ to
another party (the ‘‘guarantor’’). Credit derivative contracts include credit default swaps, total return swaps,
credit options, and other credit derivatives.
Memorandum items 9(f) and 9(g) are to be completed by
holding companies with $100 billion or more in total
assets that are required to complete Memorandum items
9(a) through 9(e).
Line Item M9(f) Impact on trading revenue of
changes in the creditworthiness of the holding
company’s derivatives counterparties on the holding
company’s derivative assets (included in
Memorandum items 9(a) through 9(e) above).
Report in this item the amount included in the trading
revenue reported in Schedule HI, Memorandum items
9(a) through 9(e), above that resulted from changes
during the calendar year-to-date in the holding company’s credit valuation adjustments (CVA). A CVA is the
adjustment to the fair value of derivatives that accounts
for possible nonperformance of the holding company’s
derivatives counterparties. It is an estimate of the fair
value of counterparty credit risk.
FR Y-9C
Schedule HI

June 2018

Line Item M10 Net gains (losses) recognized in
earnings on credit derivatives that economically
hedge credit exposures held outside the trading
account.
Report in the appropriate subitem the net gains (losses)
recognized in earnings on credit derivatives that economically hedge credit exposures held outside the trading
account, regardless of whether the credit derivative is
designated as and qualifies as a hedging instrument under
generally accepted accounting principles. Credit exposures held outside the trading account include, for example, nontrading assets (such as available-for-sale securities and loans held for investment) and unused lines of
credit.
Line Item M10(a) Net gains (losses) on credit
derivatives held for trading.
Report the net gains (losses) recognized in earnings on
credit derivatives held for trading (and reportable as
trading assets or trading liabilities, as appropriate, in
Schedule HC, item 5 or item 15, respectively) that
economically hedge credit exposures held outside the
trading account. The net gains (losses) on credit derivatives reported in this item will also have been included as
trading revenue in Schedule HI, Memorandum item 9(e),
‘‘Credit exposures.’’
Line Item M10(b) Net gains (losses) on credit
derivatives held for purposes other than trading.
Report the net gains (losses) recognized in earnings on
credit derivatives held for purposes other than trading
HI-27

Schedule HI

(and reportable as other assets or other liabilities, as
appropriate, in Schedule HC, item 11 or item 20, respectively) that economically hedge credit exposures held
outside the trading account. Net gains (losses) on credit
derivatives held for purposes other than trading should
not be reported as trading revenue in Schedule HI, item
5(c).
Line Item M11 Credit losses on derivatives.
Report the consolidated holding company’s year-to-date
credit losses incurred on derivative contracts (as defined
for Schedule HC-L, items 7 and 11), net of recoveries
(e.g., net charge-offs). The amount reported in this item
should include all credit losses regardless of whether the
consolidated holding company charged such losses
directly to income (e.g., trading revenue) or to another
account (e.g., allowance for credit losses on derivatives).
If the amount to be reported in this item represents
year-to-date net recoveries, report this amount with a
minus (-) sign.
Memorandum item 12(a) is to be completed by holding
companies with $1 billion or more in total assets. 1
Line Item M12(a) Income from the sale and
servicing of mutual funds and annuities (in
domestic offices).
Report the amount of income earned by the reporting
holding company during the calendar year-to-date from
the sale and servicing of mutual funds and annuities (in
domestic offices).
Include in this item:
(1) Income earned in connection with mutual funds
and annuities that are sold on the premises of the
reporting holding company or its subsidiaries, or that
are sold by the reporting holding company, a subsidiary, or by affiliated or unaffiliated entities from
whom the reporting holding company reports income
on a consolidated basis in the FR Y-9C. This income
may be in the form of fees or sales commissions at
the time of the sale or fees, including a share of
another entity’s fees, that are earned over the duration of the account (e.g., annual fees, Rule 12b-1 fees
1. This asset size test is determined based on the total assets reported in
the previous year’s June 30 FR Y-9C report. Once a holding company
surpasses the $1 billion total asset threshold, it must continue to report this
item regardless of subsequent changes in its total assets.

HI-28

or ‘‘trailer fees,’’ and redemption fees). Commissions
should be reported as income as earned at the time of
the sale (i.e., on an accrual basis), but may be
reported as income when payment is received if the
results would not differ materially from those obtained
using an accrual basis.
(2) Income that is reported on a consolidated basis in the
FR Y-9C from leasing arrangements with affiliated
and unaffiliated entities who lease space in offices
of the reporting holding company or its subsidiaries
for use in selling mutual funds and annuities. Income
from leasing arrangements should be reported as
income as earned (i.e., on an accrual basis), but may
be reported as income when payment is received if
the results would not differ materially from those
obtained using an accrual basis.
(3) Fees for providing investment advisory services for
mutual funds and annuities.
(4) Fees for providing securities custody, transfer agent,
and other operational and ancillary services to mutual
funds and annuities that are sold on the premises of
the reporting holding company, or sold by the reporting holding company or its subsidiaries, through a
subsidiary, or by affiliated or unaffiliated entities
from whom the holding company reports income on
a consolidated basis in the FR Y-9C at the time of the
sale or over the duration of the account.
Also include income from sales conducted through the
reporting holding company’s trust department that are
not executed in a fiduciary capacity (e.g., trustee, executor, administrator, conservator) but exclude income from
sales conducted by the trust department that are executed
in a fiduciary capacity.
In general, this income will have been included in
Schedule HI, item 5(d)(1), ‘‘Fees and commissions from
securities brokerage’’ (for mutual funds) and item 5(d)(3),
‘‘Fees and commissions from annuity sales.’’ However,
income from leasing arrangements, or the portion thereof,
that is fixed in amount and does not vary based on sales
volume may have been reported as a deduction from
Schedule HI, item 7(b), ‘‘Expenses of premises and fixed
assets, net of rental income.’’ Thus, the income to be
included in this item should be reported gross rather than
net of expenses incurred by the reporting holding company or a consolidated subsidiary.
Exclude fees earned for providing securities custody,
Schedule HI

FR Y-9C
March 2015

Schedule HI

transfer agent, and other operational and ancillary services
to third party mutual funds and annuities that are not sold
on the premises of the reporting holding company or its
consolidated subsidiaries and are not otherwise sold by
the reporting holding company, through a subsidiary, or
by affiliated or unaffiliated entities from whom the reporting holding company receives income at the time of the
sale or over the duration of the account.
Line Item M12(b) Premiums.
Report in memoranda items 12(b)(1) and 12(b)(2) premium revenues from the insurance and reinsurance
underwriting operations of the holding company and its
affiliates. Do not include any commission and fee income
from the sale of insurance products.
Line Item M12(b)(1) Premiums on insurance
related to the extension of credit.
Report the amount of premiums from insurance and
reinsurance underwriting reported in item 5(d)(4) above
that were recognized on property, casualty, life, health,
accident, involuntary unemployment and other insurance
coverage related to an extension of credit or lease
financing, e.g., credit life and mortgage insurance. Include
title insurance premiums, forced placed coverage, collateral protection, and private mortgage insurance premiums in this line item. Exclude all insurance and annuity
sales and referral fee revenue (reported in Schedule HI,
line item 5(d)(5)).
Line Item M12(b)(2) All other insurance
premiums.
Report the amount of insurance premiums from insurance and reinsurance underwriting reported in item 5(d)(4)
above other than the credit-related insurance premiums
reported in item M12(b)(1) above. Exclude all insurance
and annuity sales and referral fee revenue (reported in
Schedule HI, line item 5(d)(5)).
Line Item M12(c) Benefits, losses, and expenses
from insurance-related activities.
Report for insurance and reinsurance underwriting activities current and future insurance benefits, interest credited to contract holders, policyholder dividends, amortization of deferred acquisition cost, claims and claims
adjustment expenses and any other operating expenses,
excluding salaries and overhead expense (except salaries
FR Y-9C
Schedule HI

March 2015

and benefits expense included in claims adjustment
expense), which should be reported in item 7(a) above.
Line Item M13 Does the reporting holding
company have a Subchapter S election in effect for
federal income tax purposes for the current tax
year? (Enter ‘‘1’’ for yes; enter ‘‘0’’ for no.)
Indicate whether the holding company has elected, for
federal income tax purposes, an ‘‘S corporation’’ status,
as defined in Internal Revenue Code Section 1361 as of
the report date. Enter ‘‘1’’ for yes; enter ‘‘0’’ for no. In
order to be an S corporation, the holding company must have a valid election with the Internal Revenue Service and obtain the consent of all of its shareholders. In addition, the holding company must meet specific
criteria for federal income tax purposes at all times
during which the election remains in effect. These specific criteria include, for example, having no more than
100 qualifying shareholders and having only one class of
stock outstanding.
Memorandum item 14 is to be completed by holding
companies that have elected to account for assets and
liabilities under a fair value option.
Line Item M14 Net gains (losses) recognized in
earnings on assets and liabilities that are reported
at fair value under a fair value option.
Report in the appropriate subitem the total amount of
pretax gains (losses) from fair value changes included in
earnings during the calendar year to date for all assets
and liabilities accounted for at fair value under a fair
value option. If the amount to be reported is a net loss,
report with a minus (-) sign. Disclosure of such gains
(losses) is also required by ASC Subtopic 825-10, Financial Instruments – Overall (formerly FASB Statement
No. 159, Fair Value Option for Financial Assets and
Financial Liabilities, paragraph 19 and C7(b)), and ASC
Subtopic 860-50, Transfers and Servicing – Servicing
Assets and Liabilities (formerly FASB Statement No.
156, Accounting for Servicing of Financial Assets, paragraph 4(f)(1)(d)).
Line Item M14(a) Net gains (losses) on assets.
Report the total amount of pretax gains (losses) from fair
value changes included in earnings during the calendar
year to date for all assets, including hybrid financial
instruments and servicing assets, accounted for under a
fair value option. This amount will reflect the reported
HI-29

Schedule HI

interest included in total interest income in Schedule HI,
item 1(h), and revaluation adjustments included in noninterest income in Schedule HI, items 5(c), 5(f), and 5(l).
Exclude gains and losses for other items measured at fair
value, such as items required to be measured at fair value.

other equity instruments of the employer or the employer
incurs liabilities to employees in amounts based on the
price of the employer’s stock. Examples are stock purchase plans, stock options, restricted stock, and stock
appreciation rights.

Line Item M14(a)(1) Estimated net gains (losses)
on loans attributable to changes in
instrument-specific credit risk.

For purposes of reporting in this item, all awards refers
to awards granted, modified, or settled in fiscal periods
beginning after December 15, 1994.

For loans reported at fair value under a fair value option,
report the estimated portion of the change in fair value
included in earnings attributable to changes in instrumentspecific credit risk. Include all such loans reported in
Schedule HC, items 4(a), 4(b), and 5.

Memorandum item 16 is to be completed semiannually
in the June and December reports only by holding
companies that are required to complete Schedule HC-C, Memorandum items 6(b) and 6(c).

Line Item M14(b) Net gains (losses) on liabilities.
Report the total amounts of pretax gains (losses) from
fair value changes included in earnings during the calendar year-to-date for all liabilities, including hybrid financial instruments and servicing liabilities, accounted for
under a fair value option. This amount will reflect the
reported interest included in total interest expense in
Schedule HI, item 2(f), and revaluation adjustments
included in noninterest income in Schedule HI, items 5(c),
5(f), and 5(l). Exclude gains and losses for other items
measured at fair value, such as items required to be
measured at fair value.
Line Item M14(b)(1) Estimated net gains (losses)
on liabilities attributable to changes in
instrument-specific credit risk.
For liabilities reported at fair value under a fair value
option, report the estimated portion of the change in fair
value included in earnings attributable to changes in
instrument-specific credit risk.
Line Item M15 Stock-based employee
compensation expense (net of tax effects) calculated
for all awards under the fair value method.
Report the stock-based employee compensation cost, that
is included in Schedule HI, item 7(e), net of related tax
effects. This compensation cost includes employee stock
options expense, calculated using the fair value method
applied to all awards in conformity with ASC Topic 718,
Compensation-Stock Compensation (formerly FASB
Statement No. 123(R), Shared-Based Payment). Stockbased employee compensation plans include all arrangements by which employees receive shares of stock or
HI-30

Line Item M16 Noncash income from negative
amortization on closed-end loans secured by 1-4
family residential properties.
Report the amount of noncash income from negative
amortization on closed-end loans secured by 1-4 family
residential properties (i.e., interest income accrued and
uncollected that has been added to principal) included in
interest and fee income on loans in domestic offices
(Schedule HI, item 1(a)(1)).
Negative amortization refers to a method in which a loan
is structured so that the borrower’s minimum monthly (or
other periodic) payment is contractually permitted to be
less than the full amount of interest owed to the lender,
with the unpaid interest added to the loan’s principal
balance. The contractual terms of the loan provide that if
the borrower allows the principal balance to rise to a
pre-specified amount or maximum cap, the loan payments are then recast to a fully amortizing schedule.
Negative amortization features may be applied to either
adjustable rate mortgages or fixed-rate mortgages, the
latter commonly referred to as graduated payment mortgages (GPMs).
Line Item M17 Other-than-temporary impairment
losses on held-to-maturity and available-for-sale
securities recognized in earnings.
Report the amount of other-than-temporary impairment
losses on held-to-maturity and available-for-sale debt
securities that has been recognized in earnings during the
calendar year to date. This amount is included in the
realized gains (losses) on held-to-maturity and availablefor-sale securities reported in Schedule HI, items 6(a)
and 6(b), respectively.
Schedule HI

FR Y-9C
June 2018

Schedule HI

When the fair value of an individual held-to-maturity or
available-for-sale debt security is less than its amortized
cost basis, the security is impaired and the impairment is
either temporary or other-than-temporary. To determine
whether the impairment is other-than-temporary, a holding company must apply the relevant guidance in ASC
Topic 320, Investments-Debt and Equity Securities (formerly FASB Statement No. 115, “Accounting for Certain
Investments in Debt and Equity Securities,” as amended
by FASB Staff Position (FSP)FAS 115-1 and FAS 124-1,
“The Meaning of Other-Than-Temporary Impairment
and Its Application to Certain Investments,” and FSP
FAS 115-2 and FAS 124-2, “Recognition and Presentation of Other-Than-Temporary Impairments”) and ASC
Subtopic 325-40, Investments—Other—Beneficial Interests in Securitized Financial Assets (formerly Emerging
Issues Task Force (EITF) Issue No. 99-20, “Recognition
of Interest Income and Impairment on Purchased Beneficial Interests and Beneficial Interests That Continue to Be
Held by a Transferor in Securitized Financial Assets,” as
amended by FSP EITF 99-20-1, “Amendments to the
Impairment Guidance of EITF Issue No. 99-20”), as
appropriate.
When an other-than-temporary impairment loss has
occurred on an individual debt security, the total amount

FR Y-9C
Schedule HI

March 2017

of the loss is the entire difference between the amortized
cost of the debt security and its fair value on the
measurement date of the other-than-temporary impairment. For an other-than-temporary impairment loss on a
debt security that the holding company intends to sell and
on a debt security that it is more likely than not that the
holding company will be required to sell before recovery
of its amortized cost basis less any current-period credit
loss, the total amount of the other-than-temporary impairment loss must be recognized in earnings and must be
reported in this item.
For an other-than-temporary impairment loss on a debt
security when the holding company does not intend to
sell the security and it is not more likely than not that the
holding company will be required to sell the security
before recovery of its amortized cost basis less any
current-period credit loss, the other-than-temporary
impairment loss must be separated into (a) the amount
representing the credit loss, which must be recognized in
earnings, and (b) the amount related to all other factors,
which must be recognized in other comprehensive income.
Report in this item the portion of such an other-thantemporary impairment loss that represents the credit loss.
For more information, see the Glossary for “securities
activities.”

HI-31

LINE ITEM INSTRUCTIONS FOR

Changes in Holding Company
Equity Capital
Schedule HI-A

General Instructions
Total holding company equity capital includes perpetual
preferred stock, common stock, capital surplus, retained
earnings, accumulated other comprehensive income and
other equity capital components such as treasury stock
and unearned Employee Stock Ownership Plan Shares.
All amounts in Schedule HI-A, other than those reported
in items 1, 3, and 12, should represent net aggregate
changes for the calendar year-to-date. Report all net
decreases and losses (net reductions of holding company
equity capital) with a minus (-) sign.

(1) The net amount of pre-opening income and expenses
for the entire period from the holding company’s
inception until the date the holding company commenced operations should be reported in the appropriate items of Schedule HI, each quarter during the
calendar year in which operations commenced; or

Report the consolidated holding company’s total equity
capital balance most recently reported for the previous
calendar year-end after the effect of all corrections and
adjustments to total equity capital that were made in any
amended report(s) for the previous calendar year-end.

(2) Pre-opening income and expenses for the period
from the holding company’s inception until the
beginning of the calendar year in which the holding
company commenced operations should be included,
along with the holding company’s opening (original)
equity capital, in this item. The net amount of these
pre-opening income and expenses should be identified and described in ‘‘Notes to the Income Statement.’’ Pre-opening income earned and expenses
incurred during the calendar year in which the holding company commenced operations should be
reported in the appropriate items of Schedule HI,
each quarter during the calendar year in which
operations commenced.

Do not enter the consolidated holding company’s total
equity capital ending balance from the Report of Income
for the preceding quarter when preparing the June 30,
September 30, or December 31 report.

Line Item 2 Cumulative effect of changes in
accounting principles and corrections of material
accounting errors.

Line Item 1 Total holding company equity capital
most recently reported for the end of previous
calendar year.

For holding companies opened since January 1 of the
current calendar year, report zero in this item. Report the
consolidated holding company’s opening (original) total
equity capital in items 5(a), ‘‘Sale of perpetual preferred
stock, gross’’ or 6(a), ‘‘Sale of common stock, gross’’ as
appropriate.
Pre-opening income earned and expenses incurred from
the holding company’s inception until the date the holding company commenced operations should be reported
in Schedule HI using one of the two following methods,
consistent with the manner in which the holding company reports pre-opening income and expenses for other
financial reporting purposes:
FR Y-9C
Schedule HI-A March 2013

Report the sum of the cumulative effect, net of applicable
income taxes, of all changes in accounting principles
adopted during the calendar year-to-date reporting period
that were applied retroactively and for which prior years’
financial statements were restated and all corrections
resulting from material accounting errors that were made
in prior years’ Consolidated Financial Statements for
Holding Companies and not corrected by the filing of an
amended report for the period in which the error was
made. Include only those corrections that result from:
(1) Mathematical mistakes.
(2) Mistakes in applying accounting principles.
HI-A-1

Schedule HI-A

(3) Improper use of information which existed when the
prior Consolidated Financial Statements for Holding
Companies were prepared.
(4) A change from an accounting principle that is neither
accepted nor sanctioned by the Federal Reserve to
one that is acceptable to the Federal Reserve.
The effect of accounting errors differs from the effect of
changes in accounting estimates. Changes in accounting
estimates are an inherent part of the accrual accounting
process. Report the effect of any changes in accounting
estimates in the appropriate line items of Schedule HI,
Consolidated Income Statement. For further information
on corrections of errors and changes in estimates, refer to
the Glossary entry for ‘‘accounting changes.’’
The cumulative effect of a change in accounting principle
is the difference between (1) the balance in the retained
earnings account at the beginning of the year in which the
change is made and (2) the balance in the retained
earnings account that would have been reported at the
beginning of the year had the newly adopted accounting
principle been applied in all prior periods.
Refer to the Glossary entry for ‘‘accounting changes’’ for
information on how to determine the amount of the
cumulative effect of a change in accounting principle.
Line Item 3 Balance end of previous calendar year
as restated.
Report the sum of items 1 and 2.
Line Item 4 Net income (loss) attributable to
holding company.
Report the net income (loss) attributable to the holding
company for the calendar year-to-date as reported in
Schedule HI, item 14, ‘‘Net income (loss) attributable to
holding company.’’
Line Item 5 Sale of perpetual preferred stock.
Report the changes in the consolidated holding company’s total equity capital resulting from the sale of the
holding company’s perpetual preferred stock. Limitedlife preferred stock is not included in equity capital; any
proceeds from the sale of limited-life preferred stock
during the calendar year-to-date are not to be reported in
this item. (Include limited-life preferred stock in Schedule HC, item 19(a)).
HI-A-2

Line Item 5(a) Sale of perpetual preferred stock,
gross.
Report in this item the total amount of new perpetual
preferred stock issued, net of any expenses associated
with the issuance of the stock.
Exclude the conversion of convertible debt and limitedlife preferred stock into perpetual preferred stock, as well
as the exercise of stock options (report in item 5(b)).
Line Item 5(b) Conversion or retirement of
perpetual preferred stock.
Report in this item the changes in the consolidated
holding company’s total equity capital resulting from:
(1) The conversion of convertible debt or limited-life
preferred stock into perpetual preferred stock.
(2) Exercise of stock options, including:
(a) Any income tax benefits to the consolidated
holding company resulting from the sale of the
holding company’s own stock acquired under a
qualified stock option within three years of its
purchase by the employee who had been granted
the option.
(b) Any tax benefits to the consolidated holding
company resulting from the exercise (or granting) of nonqualified stock options (on the holding
company’s stock) based on the difference between
the option price and the fair market value of the
stock at the date of exercise (or grant).
(3) Retirement of perpetual preferred stock.
(4) The awarding of share-based employee compensation classified as equity. Under ASC Topic 718,
Compensation-Stock Compensation (formerly FASB
Statement No. 123 (R), Share-Based Payment), the
compensation cost for such an award must be recognized over the requisite service period with a corresponding credit to equity. This reporting treatment
applies regardless of whether the shares awarded to
an employee are shares of holding company stock or
shares of stock of the holding company’s subsidiary
bank.
Include:
(1) The net decrease in equity capital which occurs when
cash is distributed in lieu of fractional shares in a
stock dividend.
Schedule HI-A

FR Y-9C
September 2016

Schedule HI-A

(2) The net increase in equity capital when a stockholder
who receives a fractional share from a stock dividend
purchases the additional fraction necessary to make a
whole share.
Line Item 6 Sale of common stock.
Report the changes in the consolidated holding company’s total equity capital resulting from the sale of the
holding company’s common stock.
Line Item 6(a) Sale of common stock, gross.
Report the total amount of new common stock issued
by the consolidated holding company, net of any expenses
associated with the issuance of such stock.
In the event of the formation of a new holding company
over an existing bank that has been accounted for as a
transaction between entities under common control,
report the holding company shares issued in this line
item. See also the Glossary entry for ‘‘business
combinations—a transaction between entities under common control’’ for further information
Line Item 6(b) Conversion or retirement of
common stock.
Report in this item the changes in the consolidated
holding company’s total equity capital resulting from:
(1) the conversion of convertible debt, limited-life preferred stock, or perpetual preferred stock into common stock.
(2) Exercise of stock options, including:
(a) Any income tax benefits to the consolidated
holding company resulting from the sale of the
holding company’s own stock acquired under a
qualified stock option within three years of its
purchase by the employee who had been granted
the option.

Compensation-Stock Compensation (formerly FASB
Statement No. 123(R), Share-Based Payment), the
compensation cost for such an award must be recognized over the requisite service period with a corresponding credit to equity. This reporting treatment
applies regardless of whether the shares awarded to
an employee are shares of holding company stock or
shares of stock of the holding company’s subsidiary
bank.
Include:
(1) The net decrease in equity capital which occurs when
cash is distributed in lieu of fractional shares in a
stock dividend.
(2) The net increase in equity capital when a stockholder
who receives a fractional share from a stock dividend. Do not include dividends declared during the
previous calendar year but paid in the current period.
Refer to the Glossary entry for ‘‘dividends’’ for further
information on cash dividends.
Line Item 7 Sale of treasury stock.
Report the resale or other disposal of the holding company’s own perpetual preferred stock or common stock,
i.e., treasury stock transactions (see the Glossary entry
for ‘‘treasury stock’’).
Line Item 8 LESS: Purchase of treasury stock.
Report the acquisition (without retirement) of the holding
company’s own perpetual preferred stock or common
stock, i.e., treasury stock transactions (see the Glossary
entry for ‘‘treasury stock’’). Report the amount as an
absolute value; do not enclose the amount in parentheses
or use a minus (2) sign.
Line Item 9 Changes incident to business
combinations, net.

(3) Retirement of common stock.

If the holding company purchased another business during the year-to-date reporting period, report the fair value
of any perpetual preferred or common shares issued (less
the direct cost of issuing the shares). Exclude the fair
value of limited-life preferred stock issued in connection
with purchase acquisitions. Refer to the Glossary entry
for ‘‘business combinations’’ for further information on
purchase acquisitions.

(4) The awarding of share-based employee compensation classified as equity. Under ASC Topic 718,

If the holding company was involved in a transaction
between entities under common control that became

(b) Any tax benefits to the consolidated holding
company resulting from the exercise (or granting) of nonqualified stock options (on the holding
company’s stock) based on the difference between
the option price and the fair market value of the
stock at the date of exercise (or grant).

FR Y-9C
Schedule HI-A

March 2017

HI-A-3

Schedule HI-A

effective during the year-to-date reporting period and has
been accounted for in a manner similar to a pooling of
interests, report in this item the historical equity capital
balances as of the end of the previous calendar year of the
business that was combined with the holding company in
the transaction. For further information on transactions
between entities under common control, refer to the
Glossary entry for “business combinations.”
Line Item 10 LESS: Cash dividends declared on
preferred stock.
Report all cash dividends declared on preferred stock
(including limited-life preferred stock) during the calendar year-to-date, including dividends not payable until
after the report date. Report the amount as an absolute
value; do not enclose the amount in parentheses or use a
minus (2) sign.
Do not include dividends declared during the previous
calendar year but paid in the current period.
Refer to the Glossary entry for ‘‘dividends’’ for further
information on cash dividends.
Line Item 11 LESS: Cash dividends declared on
common stock.
Report all cash dividends declared on common stock
during the calendar year-to-date, including dividends not
payable until after the report date. Report the amount as
an absolute value; do not enclose the amount in parentheses or use a minus (2) sign.
Do not include dividends declared during the previous
calendar year but paid in the current period.

reported in this item represents a reduction in the institution’s equity capital, report the amount with a minus (-)
sign.
Items of other comprehensive income include:
(1) The change in net unrealized holding gains (losses)
on the institution’s available-for-sale securities.
(2) Unrealized holding gains (losses) that result from a
debt security being transferred into the available-forsale category from the held-to-maturity category.
(3) For a debt security transferred into the held-tomaturity category from the available-for- sale category, amortization of the unrealized holding gain
(loss) on the security at the date of transfer. Consistent with ASC Subtopic 320, Investments-Debt Securities (formerly FASB Statement No. 115, ‘‘Accounting for Certain Investments in Debt and Equity
Securities,’’ as amended), this unrealized holding
gain (loss) should be amortized over the remaining
life of the security as an adjustment of yield.
(4) The portion of other-than-temporary impairment
losses on available-for-sale and held-to-maturity debt
securities that was not recognized in earnings in
accordance withASC Topic 320, Investments-Debt
and Equity Securities, subsequent decreases (if not
other-than-temporary impairment losses) or increases
in the fair value of available-for-sale debt securities
previously written down as other-than-temporarily
impaired, and subsequent accretion (based on the
amount and timing of future estimated cash flows) of
the portion of other-than-temporary impairment losses
on held-to-maturity debt securities not recognized in
earnings.

For further information on cash dividends, see the Glossary entry for ‘‘dividends.’’

(5) The change in the institution’s accumulated net gains
(losses) (effective portion) on derivative instruments
that are designated and qualify as cash flow hedges.

Line Item 12 Other comprehensive income.

(6) The change in the institution’s cumulative foreign
currency translation adjustments and gains (losses)
on certain foreign currency transactions. Refer to the
Glossary entry for ‘‘foreign currency transactions
and translation’’ for further information on accounting for foreign currency translation.

Report the institution’s other comprehensive income,
including reclassification adjustments, for the calendar
year-to-date, net of applicable income taxes, if any.
Reclassification adjustments are adjustments made to
avoid double counting of items in comprehensive income
that are presented as part of net income for the calendar
year-to-date reporting period that also had been presented
as part of other comprehensive income in that reporting
period or earlier reporting periods. If the amount to be
HI-A-4

(7) Gains (losses) and transition assets or obligations
associated with single-employer defined benefit pension and other postretirement plans not recognized
immediately as a component of net periodic benefit
Schedule HI-A

FR Y-9C
June 2018

Schedule HI-A

cost and prior service costs or credits associated with
such plans, which are accounted for in accordance
with ASC Subtopic 715-20, CompensationRetirement Benefits - Defined Benefit Plans-General
(formerly FASB Statement No. 87, ‘‘Employers’
Accounting for Pensions’’; FASB Statement No. 106,
‘‘Employers’ Accounting for Postretirement Benefits
Other Than Pension’’; and FASB Statement No. 158,
‘‘Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans’’).

in the equity contra account as existing guaranteed ESOP
debt is amortized.

For further guidance on reporting other comprehensive
income, see ASC Topic 220, Comprehensive Income
(formerly FASB Statement No. 52, ‘‘Foreign Currency
Translation’’; FASB Statement No. 115, ‘‘Accounting for
Certain Investments in Debt and Equity Securities,’’ as
amended; FASB Statement No. 133, ‘‘Accounting for
Derivative Instruments and Hedging Activities’’; and
FASB Statement No. 158, ‘‘Employers’ Accounting for
Defined Benefit Pension and Other Postretirement
Plans’’).

When the net impact of these changes to the equity contra
account results in an overall decrease to that account, the
amount of that decrease should be reported in this item as
an increase in the total amount of equity capital by
adding that amount when calculating ‘‘changes in equity
capital’’ for this schedule. When the net impact of these
changes to the equity contra account results in an overall
increase to that account, the amount of that increase
should be reported in this item as a decrease in the total
amount of equity capital by placing that amount in
parenthesis and subtracting it when calculating ‘‘changes
in equity capital’’ for this schedule.

Line Item 13 Change in the offsetting debit
to the liability for Employee Stock Ownership Plan
(ESOP) debt guaranteed by the holding company.
Report an amount in this item only if the consolidated
holding company has guaranteed the debt of its ESOP.
The amount reported in this item should reflect any
changes during the calendar year-to-date to the offsetting
debit to the liability recorded by the holding company in
connection with ESOP debt guaranteed by the reporting
company (that is, the equity contra account). The changes
in this account result either: (1) from the booking of an
offsetting debit to any new ESOP debt guaranteed by the
consolidated holding company; or (2) from any reduction

FR Y-9C
Schedule HI-A

March 2013

As the ESOP’s debt is amortized, the equity contra
account is reduced, thereby increasing the total amount
of equity capital reported as outstanding by the reporting
holding company. As the ESOP borrows more funds that
are guaranteed by the reporting holding company, the
offsetting debit increases the equity contra account,
thereby reducing the total amount of equity capital
reported as outstanding.

Line Item 14 Other adjustments to equity capital
(not included above).
Report in this item all other adjustments to equity capital
that are not properly reported in items 1 through 13.
Included are contributions of capital made to the holding
company when the company is a partnership.
Line Item 15 Total holding company equity capital
end of current period.
Report the sum of items 3, 4, 5, 6, 7, 9, 12, 13, and 14,
less items 8, 10, and 11. This item must equal Schedule
HC, item 27.a, “Total holding company equity capital.”

HI-A-5

LINE ITEM INSTRUCTIONS FOR

Charge-Offs and Recoveries on Loans
and Leases and Changes in Allowance
for Loan and Lease Losses
Schedule HI-B

Part I. Charge-Offs and Recoveries on
Loans and Leases
General Instructions
This part has two columns. In column A report loans and
leases charged off during the current calendar year-todate. Also include in column A write-downs to fair value
on loans (and leases) transferred to the held-for-sale
account during the calendar year to date that occurred
when (1) the reporting holding company 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. In
column B report amounts recovered during the current
calendar year-to-date on loans and leases previously
charged off. For those holding companies 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 include loans and leases charged off
against and amounts recovered, respectively, through the
allocated transfer risk reserve.
These instructions should be read in conjunction with
the Glossary entries for ‘‘allowance for loan and lease
losses’’ and ‘‘domicile.
Business Combinations and Transactions between Entities under Common Control - If the holding company
entered into a business combination that became effective
during the year-to-date reporting period and has been
accounted for under the acquisition method, include the
charge-offs and recoveries of the acquired institution or
other business only after its acquisition. If the reporting
institution was involved in a transaction between entities
under common control that became effective during the
FR Y-9C
Schedule HI-B March 2016

year-to-date reporting period and has been accounted for
in a manner similar to a pooling of interests, report the
charge-offs and recoveries of the combined entities for
the entire calendar year-to-date as though they had
combined at the beginning of the year. For further
information on business combinations and transactions
between entities under common control, see the Glossary
entry for “business combinations.”
Line Item 1 Loans secured by real estate.
Report in the appropriate subitem and column loans
secured by real estate (as defined in Schedule HC-C,
item 1) charged off and recovered.
Line Item 1(a) Construction, land development,
and other land loans (in domestic offices).
Report in the appropriate subitem and column construction, land development, and other land loans (as defined
for Schedule HC-C, item 1(a), column B) charged off and
recovered.
Line Item 1(a)(1) 1-4 family residential
construction loans.
Report in columns A and B, as appropriate, 1-4 family
residential construction loans (as defined for Schedule
HC-C, item 1(a)(1), column B) charged off and recovered.
Line Item 1(a)(2) Other construction loans and all
land development and other land loans.
Report in columns A and B, as appropriate, other construction loans and all land development and other land
loans (as defined for Schedule HC-C, item 1(a)(2),
column B) charged off and recovered.
HI-B-1

Schedule HI-B

Line Item 1(b) Secured by farmland in domestic
offices.

Line Item 1(d) Secured by multifamily (5 or more)
residential properties in domestic offices.

Report in columns A and B, as appropriate, loans secured
by farmland in domestic offices (as defined for Schedule HC-C, item 1(b), ‘‘Secured by farmland’’).

Report in columns A and B, as appropriate, loans secured
by multifamily (5 or more) residential properties in
domestic offices (as defined for Schedule HC-C,
item 1(d), ‘‘Secured by multifamily (5 or more) residential
properties’’).

Line Item 1(c) Secured by 1–4 family residential
properties in domestic offices.
Report in columns A and B, as appropriate, in the
subitems below, loans secured by 1–4 family residential
properties in domestic offices (as defined for Schedule HC-C, item 1(c), ‘‘Secured by 1–4 family residential
properties’’).
Line Item 1(c)(1) Revolving, open-end loans
secured by 1–4 family residential properties and
extended under lines of credit.
Report in columns A and B, as appropriate, all revolving,
open-end loans in domestic offices secured by 1–4 family
residential properties and extended under lines of credit.
Corresponds to Schedule HC-C, item 1(c)(1).
Line Item 1(c)(2) Closed-end loans secured by
1–4 family residential properties in domestic offices.
Report in the appropriate subitem and column closed-end
loans in domestic offices secured by 1–4 family residential properties charged off and recovered.
Line Item 1(c)(2)(a) Secured by first liens.
Report in columns A and B, as appropriate, closedend loans secured by first liens on 1–4 family residential properties (as defined for Schedule HC-C,
item 1(c)(2)(a), column B) charged off and recovered.
Line Item 1(c)(2)(b) Secured by junior liens.
Report in columns A and B, as appropriate, closedend loans secured by junior liens on 1–4 family residential properties (as defined for Schedule HC-C,
item 1(c)(2)(b), column B) charged off and recovered.
Include loans secured by junior liens in this item even if
the holding company also holds a loan secured by a first
lien on the same 1–4 family residential property and
there are no intervening junior liens.
HI-B-2

Line Item 1(e) Secured by nonfarm nonresidential
properties (in domestic offices).
Report in the appropriate subitem and column loans
secured by nonfarm nonresidential properties (as defined
for Schedule HC-C, item 1(e), column B) charged off and
recovered.
Line Item 1(e)(1) Loans secured by
owner-occupied nonfarm nonresidential properties.
Report in columns A and B, as appropriate, loans secured
by owner-occupied nonfarm nonresidential properties (as
defined for Schedule HC-C, item 1(e)(1), column B)
charged off and recovered.
Line Item 1(e)(2) Loans secured by other nonfarm
nonresidential properties.
Report in columns A and B, as appropriate, loans secured
by other nonfarm nonresidential properties (as defined
for Schedule HC-C, item 1(e)(2), column B) charged off
and recovered.
Line Item 1(f) In foreign offices.
Report in columns A and B, as appropriate, loans secured
by real estate in foreign offices.
Line Item 2

Not applicable.

Line Item 3 Loans to finance agricultural
production and other loans to farmers.
Report in columns A and B, as appropriate, agricultural
loans (as defined for Schedule HC-C, item 3, ‘‘Loans
to finance agricultural production and other loans to
farmers’’).
Line Item 4 Commercial and industrial loans.
Line Item 4(a) To U.S. addressees.
Report in columns A and B, as appropriate, commercial
and industrial loans (as defined for Schedule HC-C,
Schedule HI-B

FR Y-9C
March 2018

Schedule HI-B

item 4(a), ‘‘Commercial and industrial loans to U.S.
addressees’’).
Line Item 4(b) To non-U.S. addressees.
Report in columns A and B, as appropriate, commercial
and industrial loans to non-U.S. addressees (as defined
for Schedule HC-C, item 4(b), ‘‘Commercial and industrial loans to non-U.S. addressees,’’ column A) chargedoff and recovered.
Line Item 5 Loans to individuals for household,
family, and other personal expenditures.
Report in the appropriate subitem and column loans to
individuals for household, family, and other personal
expenditures (as defined for Schedule HC-C, item 6)
charged-off and recovered.
Line Item 5(a) Credit cards.
Report in columns A and B, as appropriate, all extensions
of credit under credit cards (as defined for Schedule
HC-C, items 6(a)) charged-off and recovered.
Line Item 5(b) Automobile loans.
Report in columns A and B, as appropriate, all consumer
loans arising from retail sales of passenger cars and other
vehicles such as minivans, vans, sport-utility vehicles,
pickup trucks, and similar light trucks for personal use
(as defined for Schedule HC-C, item 6(c)) charged-off
and recovered.
Line Item 5(c) Other consumer loans (includes
single payment, installment, all student loans, and
revolving credit plans other than credit cards).
Report in columns A and B, as appropriate, all other
extensions of credit to individuals for household, family,
and other personal expenditures (as defined for Schedule
HC-C, items 6(b) and 6(d)) charged-off and recovered.
Line Item 6 Loans to foreign governments and
official institutions.
Report in columns A and B, as appropriate, all loans
to foreign governments and official institutions (as defined
for Schedule HC-C, item 7, ‘‘Loans to foreign governments and official institutions’’).
FR Y-9C
Schedule HI-B

March 2013

Line Item 7 All other loans.
Report in columns A and B, as appropriate, other loans as
defined for Schedule HC-C, item 9, ‘‘Loans to nondepository financial institutions and other loans.’’
Line Item 8 Lease financing receivables.
Report in columns A and B, as appropriate, all lease
financing receivables (as defined for Schedule HC-C,
item 10) charged off and recovered.
Line Item 8(a) Leases to individuals for household,
family, and other personal expenditures.
Report in columns A and B, as appropriate, all leases to
individuals for household, family, and other personal
expenditures (as defined for Schedule HC-C, item 10(a),
column A) charged off and recovered.
Line Item 8(b) All other leases.
Report in columns A and B, as appropriate, all other
leases (as defined for Schedule HC-C, item 10(b), column A) charged off and recovered.
Line Item 9 Total.
Report in columns A and B the sum of items 1 through 8.
The amount reported in column A must equal part II,
item 3, ‘‘Charge-offs,’’ plus part II, item 4, ‘‘write-downs
arising from transfers of loans to a held-for-sale account,’’
below, and the amount reported in column B must equal
part II, item 2, “Recoveries,” below.

Memoranda
Line Item M1 Loans to finance commercial real
estate, construction, and land development activities
(not secured by real estate) included in items 4 and
7 above.
Report in columns A and B, as appropriate, loans to
finance commercial real estate, construction, and land
development activities not secured by real estate (as
defined for Schedule HC-C, Memorandum item 2). Such
loans will have been included in items 4 and 7 of
Schedule HI-B, part I, above. Exclude from this item all
loans secured by real estate included in item 1 of
Schedule HI-B, part I, above.
HI-B-3

Schedule HI-B

Line Item M2 Loans secured by real estate to
non-U.S. addressees (domicile).
Report in columns A and B, as appropriate, loans secured
by real estate to non-U.S. addressees (as defined for
Schedule HC-C, Memorandum item 3) included in
Schedule HI-B, part I, item 1, above.
Line Item M3 Uncollectible retail credit card fees
and finance charges reversed against income (i.e.,
not included in charge-offs against the allowance for
loan and lease losses).
This item is to be completed by (1) holding companies
that, together with affıliated institutions, have outstanding credit card receivables that exceed $500 million as of
the report date or (2) holding companies that on a
consolidated basis are credit card specialty holding
companies.
Outstanding credit card receivables are the sum of:
(a) Schedule HC-C, item 6(a), column A;
(b) Schedule HC-S, item 1, column C; and
(c) Schedule HC-S, item 6(a), column C.
Credit card specialty holding companies are defined as
those holding companies that on a consolidated basis
exceed 50 percent for the following two criteria:
(a) the sum of credit card loans (Schedule HC-C,
item 6(a), column A) plus securitized and sold
credit card receivables (Schedule HC-S, item 1,
column C) divided by the sum of total loans
(Schedule HC-C, item 12, column A) plus securitized and sold credit card receivables (Schedule
HC-S, item 1, column C); and
(b) the sum of total loans (Schedule HC-C, item 12,
column A) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C)
divided by the sum of total assets (Schedule HC,
item 12) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C).
Report the amount of fees and finance charges on credit
cards (as defined for Schedule HC-C, item 6(a) that the
holding company reversed against either interest and fee
income or a separate contra-asset account during the
calendar year-to-date. Report the amount of fees and
finance charges that have been reversed on a gross basis,
i.e., do not reduce the amount of reversed fees and
HI-B-4

finance charges by recoveries of these reversed fees and
finance charges. Exclude from this item credit card fees
and finance charges reported as charge-offs against the
allowance for loan and lease losses in Schedule HI-B,
part 1, item 5(a), column A.

Part II. Allowance for Loan and Lease
Losses
General Instructions
Report the reconcilement of the allowance for loan and
lease losses on a calendar year-to-date basis.
For those holding companies 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, the reconcilement should include the activity in
the allocated transfer risk reserve during the calendar
year-to-date that relates to loans and leases. For reporting
during 2003, the balance of any allocated transfer risk
reserve reported in the FR Y-9C for December 31, 2002,
that relates to loans and leases should be included in
Schedule HI-B, part II, item 1, ‘‘Balance most recently
reported at end of previous year.’’
Exclude the balances of the allowance for credit losses on
off-balance sheet credit exposures reported in Schedule
HC-G, item 3, and any capital reserves included in
Schedule HC, item 26(a), ‘‘Retained earnings,’’ and the
effect of any transactions therein.
Refer to the Glossary entry for the ‘‘allowance for loan
and lease losses’’ for further information.
Business Combinations, Pushdown Accounting Transactions, and Transactions between Entities under Common
Control—If the reporting holding company entered into a
business combination that became effective during the
year-to-date reporting period and has been accounted for
under the acquisition method, include the recoveries,
charge-offs, and provisions of the acquired institution or
other business only after its acquisition. Under ASC
Topic 805, Business Combinations (formerly FASB
Statement No. 141(R), “Business Combinations”), the
acquired loans and leases must be measured at their
acquisition-date fair values. Therefore, the reporting
holding company may not carry over the allowance for
Schedule HI-B

FR Y-9C
March 2017

Schedule HI-B

loan and lease losses of the acquired institution or other
business as of the acquisition date.
Similarly, if the reporting holding company was acquired
in a transaction that became effective during the year-to
date reporting period, retained its separate corporate
existence, and elected to apply pushdown accounting in
its separate financial statements (including its FR Y-9C
report), include only the recoveries, charge-offs, and
provisions from the date of the holding company’s
acquisition through the end of the year-to-date reporting
period. When applying pushdown accounting, the reporting holding company’s loans and leases must be restated
to their acquisition-date fair values and the holding
company may not carry over its allowance for loan and
lease losses as of the acquisition date. As a consequence,
the amount reported in Schedule HI-B Part II item 1, for
the balance of the allowance for loan and lease losses
most recently reported for the end of the previous
calendar year must be reported as a negative in Schedule
HI-B, part II item 6, “Adjustments.”
If the reporting holding company was involved in a
transaction between entities under common control that
became effective during the year-to-date reporting period
and has been accounted for in a manner similar to a
pooling of interests, report the recoveries, charge-offs,
and provisions of the combined entities for the entire
calendar year-to-date as though they had combined at the
beginning of the year. Report the balance as of the end of
the previous calendar year of the allowance for loan and
lease losses of the institution or other business that
combined with the reporting holding company in the
common control transaction in Schedule HI-B, part II,
item 6, “Adjustments.”
For further information on business combinations, pushdown accounting, and transactions between entities under
common control, see the Glossary entry for “business
combinations.”

the balance of any allocated transfer risk reserve reported
in the FR Y-9C for December 31, 2002, that relates to
loans and leases should be included in Schedule HI-B,
part II, item 1.
Line Item 2 Recoveries.
Report the amount credited to the allowance for loan and
lease losses for recoveries during the calendar year-todate on amounts previously charged against the allowance for loan and lease losses. The amount reported must
equal part I, item 9, column B.
Line Item 3 LESS: Charge-offs.
Report the amount of all loans and leases charged against
the allowance for loan and lease losses during the
calendar year-to-date. The amount reported in this item
must equal Schedule HI-B, part I, item 9, column A,
‘‘Total’’ charge-offs, less Schedule HI-B, part II, item 4,
‘‘LESS: Write-downs arising from transfers of loans to a
held-for-sale account.’’
Line Item 4 LESS: Write-downs arising from
transfers of loans to a held-for-sale account.
Report the amount of write-downs to fair value charged
against the allowance for loan and lease losses resulting from transfers of loans and leases to a held-for-sale
account during the calendar year-to-date that occurred
when:
(1) the reporting holding company decided to sell loans
and leases that were not originated or otherwise
acquired with the intent to sell, and
(2) the fair value of those loans and leases had declined
for any reason other than a change in the general
market level of interest or foreign exchange rates.
Line Item 5 Provision for loan and lease losses.

Line Item 1 Balance most recently reported at end
of previous calendar year.
Report the balance in the allowance for loan and lease
losses from the Consolidated Financial Statements for
Holding Companies most recently reported at the previous calendar year-end after the effect of all corrections
and adjustments to the allowance for loan and lease
losses that were made in any amended report(s) for the
previous calendar year-end. For reporting during 2003,
FR Y-9C
Schedule HI-B

March 2017

Report the amount expensed as the provision for loan and
lease losses during the calendar year-to-date. The provision for loan and lease losses represents the amount
needed to make the allowance for loan and lease losses
adequate to absorb estimated loan and lease losses based
upon management’s evaluation of the holding company’s
current loan and lease exposures. The amount reported
must equal Schedule HI, item 4. If an amount is negative,
report with a minus (-) sign.
HI-B-5

Schedule HI-B

Line Item 6 Adjustments.
Report the net cumulative effect of all corrections and
adjustments made to the amount originally reported as
the ending balances of the allowance for loan and lease
losses as of the previous calendar year-end.
If the holding company entered into a transaction between
entities under common control that became effective
during the year-to-date reporting period and has been
accounted for at historical cost in a manner similar to a
pooling of interests, report in this item the balance as of
the end of the previous calendar year of the allowance for
loan and lease losses of the business that was combined
in the common control transaction.
For holding companies with foreign offices, report any
increases or decreases resulting from the translation into
dollars of any portions of the allowance for loan and
lease losses that are denominated in a foreign currency.
Report all other allowable adjustments made during the
reporting period.
If the amount reported in this item is negative, report with
a minus (-) sign.
Line Item 7 Balance at end of current period.
Report the sum of item 1, 2, 5, and 6 less items 3 and 4
(must equal Schedule HC, item 4(c)).

Memoranda
Line Item M1 Allocated transfer risk reserve
included in Schedule HI-B, part II, item 7.
Report the amount of any allocated transfer risk reserve
related to loans and leases that the reporting holding
company is required to establish and maintain that the
holding company has included in the end-of-period balance of the allowance for loan and lease losses reported
in Schedule HI-B, part II, item 7, and in Schedule HC,
item 4(c).
Line Item M2 Separate valuation allowance for
uncollectible retail credit card fees and finance charges.
This item is to be completed by (1) holding companies
that, together with affıliated institutions, have outstanding credit card receivables that exceed $500 million as of
the report date or (2) holding companies that on a
consolidated basis are credit card specialty holding
companies.
HI-B-6

Outstanding credit card receivables are the sum of:
(a) Schedule HC-C, item 6(a), column A;
(b) Schedule HC-S, item 1, column C; and
(c) Schedule HC-S, item 6(a), column C.
Credit card specialty holding companies are defined as
those holding companies that on a consolidated basis
exceed 50 percent for the following two criteria:
(a) the sum of credit card loans (Schedule HC-C,
item 6(a), column A) plus securitized and sold
credit card receivables (Schedule HC-S, item 1,
column C) divided by the sum of total loans
(Schedule HC-C, item 12, column A) plus securitized and sold credit card receivables (Schedule
HC-S, item 1, column C); and
(b) the sum of total loans (Schedule HC-C, item 12,
column A) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C)
divided by the sum of total assets (Schedule HC,
item 12) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C).
Report the amount of any valuation allowance or contraasset account that the holding company maintains separate from the allowance for loan and lease losses to
account for uncollectible fees and finance charges on
credit cards (as defined for Schedule HC-C, item 6(a).
This memorandum item is only applicable to those
holding companies that maintain an allowance or contraasset account separate from the allowance for loan and
lease losses. Do not include in this item the amount of
any valuation allowance established for impairment in
retained interests in accrued interest receivable related to
securitized credit cards.
Line Item M3 Amount of allowance for loan and
lease losses attributable to retail credit card fees
and finance charges.
This item is to be completed by (1) holding companies
that, together with affıliated institutions, have outstanding credit card receivables that exceed $500 million as of
the report date or (2) holding companies that on a
consolidated basis are credit card specialty holding
companies.
Outstanding credit card receivables are the sum of:
(a) Schedule HC-C, item 6(a), column A;
Schedule HI-B

FR Y-9C
March 2017

Schedule HI-B

(b) Schedule HC-S, item 1, column C; and
(c) Schedule HC-S, item 6(a), column C.
Credit card specialty holding companies are defined as
those holding companies that on a consolidated basis
exceed 50 percent for the following two criteria:
(a) the sum of credit card loans (Schedule HC-C,
item 6(a), column A) plus securitized and sold
credit card receivables (Schedule HC-S, item 1,
column C) divided by the sum of total loans
(Schedule HC-C, item 12, column A) plus securitized and sold credit card receivables (Schedule
HC-S, item 1, column C); and
(b) the sum of total loans (Schedule HC-C, item 12,
column A) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C)
divided by the sum of total assets (Schedule HC,
item 12) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C).
Report in this item the amount of the allowance for loan
and lease losses that is attributable to outstanding fees
and finance charges on credit cards (as defined for
Schedule HC-C, item 6(a). This amount is a component
of the amount reported in Schedule HC, item 4(c), and
Schedule HI-B, part II, item 7. Do not include in this item
the amount of any valuation allowance established for
impairment in retained interests in accrued interest
receivable related to securitized credit cards.
Line Item M4 Amount of allowance for
post-acquisition losses on purchased impaired loans
accounted for in accordance with FASB ASC 310-30
(former AICPA Statement of Position 03-3).

Report in this item the amount of any valuation allowances established after acquisition for decreases in cash
flows expected to be collected on purchased impaired
loans reported as held for investment in Schedule HC,
item 4(b), and accounted for in accordance with ASC
Subtopic 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality (formerly
AICPA Statement of Position 03-3, Accounting for Certain Loans or Debt Securities Acquired in a Transfer).
These post-acquisition allowances should be included in
the holding company’s allowance for loan and lease
losses as reported in Schedule HC, item 4(c), and Schedule HI-B, part II, item 7. Under ASC Subtopic 310-30,
for a purchased credit-impaired loan accounted for individually (and not accounted for as a debt security), if,
upon evaluation subsequent to acquisition, it is probable
based on current information and events, that the holding
company is unable to collect all cash flows expected at
acquisition (plus additional cash flows expected to be
collected arising from changes in estimate after acquisition) the purchased credit-imparied loan should be considered impaired for purposes of establishing an allowance pursuant to ASC Subtopic 450-20, Contingencies –
Loss Contingencies (formerly FASB Statement No. 5,
Accounting for Contingencies) or ASC Topic 310, Receivables (formerly FASB Statment No. 114, Accounting by
Creditors for Impairment of a Loan), as appropriate. For
purchased credit-impaired loans with common risk characteristics that are aggregated and accounted for as a
pool, this impairment analysis should be performed
subsequent to acquisition at the pool level as a whole and
not at the individual loan level.

This item is to be completed by all holding companies.

FR Y-9C
Schedule HI-B

June 2013

HI-B-7

LINE ITEM INSTRUCTIONS FOR

Disaggregated Data on the Allowance
for Loan and Lease Losses
Schedule HI-C

General Instructions
Schedule HI-C is to be completed by institutions with $1
billion or more in total assets.
This schedule has six columns for the disclosure by
portfolio category of the balance in the allowance for
loan and lease losses at the end of each quarter disaggregated on the basis of the reporting institution’s impairment method and the related recorded investment in
loans (and, as applicable, leases) held for investment
(excluding loans held for investment that the institution
has elected to report at fair value under a fair value
option) disaggregated in the same manner: two columns
for information on loans individually evaluated for
impairment, two columns for information on loans and
leases collectively evaluated for impairment, and two
columns for purchased credit-impaired loans. For further
information on loan impairment methods, see the Glossary entries for ‘‘loan impairment’’ and ‘‘purchased
impaired loans and debt securities.’’
Loans and leases held for investment are loans and leases
that the institution has the intent and ability to hold for
the foreseeable future or until maturity or payoff.
The loan and lease portfolio categories for which allowance and related recorded investment amounts are to be
reported in Schedule HI-C represent general categories
rather than the standardized loan categories defined in
Schedule HC-C, Loans and Lease Financing Receivables. Based on the manner in which it segments its
portfolio for purposes of applying its allowance methodology, each institution should report each component of
the overall allowance reported in Schedule HC, item 4.c,
and the recorded investment in the related loans and
leases in the Schedule HI-C general loan category that
best corresponds to the characteristics of the related loans
FR Y-9C
Schedule HI-C March 2018

and leases.1 The sum of the recorded investment amounts
reported in Schedule HI-C (plus the fair value of loans
held for investment for which the fair value option has
been elected) must equal the balance sheet amount of
held-for-investment loans and leases reported in Schedule HC, item 4.b, ‘‘Loans and leases, held for investment.’’ Thus, the recorded investment amounts reported
in columns A, C, and E of Schedule HI-C must be net of
unearned income.

Column Instructions
Columns A and B: For each of the specified general
categories of loans held for investment, report in column
A the recorded investment in individually evaluated
loans that have been determined to be impaired as
defined in ASC Subtopic 310-10, Receivables - Overall
(formerly FASB Statement No. 114, Accounting by
Creditors for Impairment of a Loan, as amended), including all loans restructured in troubled debt restructurings,
and report in column B the balance of the allowance for
loan and lease losses attributable to these individually
impaired loans measured in accordance with ASC Subtopic 310-10.
Columns C and D: For each of the specified general
categories of loans and leases held for investment, report
in column C the recorded investment in loans and leases
that have been collectively evaluated for impairment in
accordance with ASC Subtopic 450-20, Contingencies Loss Contingencies (formerly FASB Statement No. 5,
1. For example, based on its allowance methodology, one institution’s
allowance components for credit cards might relate to both consumer and
business credit card receivables, but another institution’s allowance components for credit cards might relate only to consumer credit card receivables.
As another example, based on its allowance methodology, one institution might include its loans secured by farmland in its allowance components for commercial real estate loans, but another institution might
include its loans secured by farmland in its allowance components for
commercial loans.

HI-C-1

Schedule HI-C

Accounting for Contingencies) and report in column D
the balance in the allowance for loan and lease losses
attributable to these collectively evaluated loans and
leases measured in accordance with ASC Subtopic 45020. Report in column D any unallocated portion of the
allowance for loan and lease losses for loans collectively
evaluated for impairment. Include in column C the
recorded investment in any loans held for investment not
individually determined to be impaired that do not have a
balance in the allowance for loan and lease losses
attributable to them.

Line Item 2 Commercial loans.

Columns E and F: For each of the specified general
categories of loans held for investment, report in column
E the recorded investment in purchased credit-impaired
loans as defined in ASC Subtopic 310-30, Receivables Loans and Debt Securities Acquired with Deteriorated
Credit Quality (formerly AICPA Statement of Position
03-3, Accounting for Certain Loans or Debt Securities
Acquired in a Transfer) and report in column F the
balance in the allowance for loan and lease losses
attributable to these purchased credit-impaired loans
measured in accordance with ASC Subtopic 310-30.

Line Item 3 Credit cards.

Line Item 1 Real estate loans.
Line Item 1(a)

Construction loans.

Report in the appropriate column, disaggregated on the
basis of impairment method, the balance in the allowance
for loan and lease losses for and the related recorded
investment in held-for-investment construction loans.
Exclude loans that the institution has elected to report at
fair value under a fair value option.
Line Item 1(b) Commercial real estate loans.
Report in the appropriate subitem and column, disaggregated on the basis of impairment method, the balance in
the allowance for loan and lease losses for and the related
recorded investment in held-for-investment commercial
real estate loans. Exclude loans that the institution has
elected to report at fair value under a fair value option.
Line Item 1(c) Residential real estate loans.
Report in the appropriate column, disaggregated on the
basis of impairment method, the balance in the allowance
for loan and lease losses for and the related recorded
investment in residential real estate loans. Exclude loans
that the institution has elected to report at fair value under
a fair value option.
HI-C-2

Report in the appropriate column, disaggregated on the
basis of impairment method, the balance in the allowance
for loan and lease losses for and the related recorded
investment in all held-for-investment commercial loans.
For purposes of this item, commercial loans include all
loans and leases not reported as real estate loans, credit
cards, or other consumer loans. Exclude loans that the
institution has elected to report at fair value under a fair
value option.

Report in the appropriate column, disaggregated on the
basis of impairment method, the balance in the allowance
for loan and lease losses for and the related recorded
investment in all held-for-investment extensions of credit
arising from credit cards. Exclude loans that the institution has elected to report at fair value under a fair value
option.
Line Item 4 Other consumer loans.
Report in the appropriate column, disaggregated on the
basis of impairment method, the balance in the allowance
for loan and lease losses for and the related recorded
investment in all held-for-investment consumer loans
other than credit cards. Exclude loans that the institution
has elected to report at fair value under a fair value
option.
Line Item 5 Unallocated, if any.
Report in column D the amount of any unallocated
portion of the allowance for loan and lease losses for
loans collectively evaluated for impairment. An institution is not required to have an unallocated portion of the
allowance.
Line Item 6 Total.
For each column in Schedule HI-C, report the sum of
items 1 through 5.
The sum of the amounts reported in Schedule HI-C, item
6, columns B, D, and F must equal Schedule HC, item
4.c, ‘‘Allowance for loan and lease losses.’’
The amount reported in Schedule HI-C, item 6, column
E, must equal Schedule HC-C, Memorandum item 5.b,
‘‘Amount included in Schedule HC-C, items 1 through 9.’’
Schedule HI-C

FR Y-9C
June 2015

Schedule HI-C

The amount reported in Schedule HI-C, item 6, column F,
must equal Schedule HI-B, part II, Memorandum item 4,
‘‘Amount of allowance for post-acquisition credit losses
on purchased credit-impaired loans accounted for in
accordance with FASB ASC 310-30.’’

Schedule HC-Q, item 4, column A, ‘‘Total fair value
reported on Schedule HC’’ for loans and leases held for
investment, must equal Schedule HC, item 4.b, ‘‘Loans
and leases, held for investment.’’

The sum of the amounts reported in Schedule HI-C, item
6, columns A, C, and E, plus the amount reported in

FR Y-9C
Schedule HI-C

March 2018

HI-C-3

LINE ITEM INSTRUCTIONS FOR

Notes to the Income Statement
Predecessor Financial Items

General Instructions
This one-time reporting schedule is event-driven. An
event for reporting the income statement items below is
defined as a business combination that occurred during
the quarter (that is, the holding company consummated a
merger or acquisition within the quarter). Complete this
schedule only if the combined assets of the acquired
entity(ies) are at least equal to $10 billion or 5 percent of
the reporting holding company’s total consolidated assets
at the previous quarter-end, whichever is less.
Report in accordance with these instructions the selected
income statement information for any acquired company(ies), the predecessor, as described above. The information should be reported year to date of acquisition, that
is, from January 1 of the current year to the last day prior
to the acquisition date.
Only a single schedule should be completed with aggregated information for all entities acquired during the
quarter. The combined assets of these firms should at
least equal $10 billion or 5 percent of the respondent’s
total consolidated assets at the previous quarter-end,
whichever is less.

first day of the quarter were FR Y-9C filers as of the prior
quarter.
The line item instructions should be read in conjunction
with the instructions for Schedule HI, ‘‘Consolidated
Report of Income.’’
Line Item 1 Total interest income.
Report the total interest income of the acquired company
for the year to date of acquisition.
Include as interest income:
(1) Interest and fee income on loans;
(2) Income from lease financing receivables;
(3) Interest income on balances due from depository
institutions;
(4) Interest and dividend income on securities;
(5) Interest income from trading assets; and
(6) All other interest income.
Line Item 1(a) Interest income on loans and
leases.

The reporting holding company may report the items
below, net of merger-related adjustments, if any.

Report the amount of interest income on loans and leases.

In the unlikely event that only a portion of a firm was
purchased and actual financial statements for the acquired
operations are not readily available, the reporting holding
company may provide estimates in lieu of inaccessible
actual data.

(1) All interest, fees, and similar charges levied against
or associated with all assets reportable as loans as
defined in Schedule HC-C, items 1 through 9; and

If a single transaction business combination occurred
where the acquiree was another holding company that
filed the FR Y-9C in the preceding quarter, and the
combination occurred on the first day of the quarter, that
event is exempt from being reported on this schedule.
This exemption also applies if all entities acquired on the
FR Y-9C
Predecessor Financial Items March 2013

Include as interest income on loans and leases:

(2) Income from direct financing and leveraging leases
as defined in Schedule HC-C, item 10.
Line Item 1(b) Interest income on investment
securities.
Report all income on assets that are reportable as securities as defined in Schedule HC-B.
ISnotes-P-1

Predecessor Financial Items

Include as interest income on investment securities:
(1) Income from U.S. Treasury securities and U.S. government agency obligations;
(2) Income from mortgage-backed securities; and
(3) Income from all other securities.
Line Item 2 Total interest expense.
Report the total interest expense of the acquired company
for the year to date of acquisition.
Include as interest expense:
(1) Interest on deposits;
(2) Expense on federal funds purchased and securities
sold under agreements to repurchase;
(3) Interest on trading liabilities and other borrowed
money;

for allocated transfer risk related to loans and leases.
Report negative amounts with a minus (-) sign.
Exclude provision for credit losses on off-balance sheet
credit exposures.
The amount reported here may differ from the bad debt
expense deduction taken for federal income tax purposes.
Line Item 5 Total noninterest income.
Report the total noninterest income of the acquired
company for the year to date of acquisition.
Include as noninterest income:
(1) Income from fiduciary activities;
(2) Service charges on deposit accounts in domestic
offices;
(3) Trading revenue;

(4) Interest on subordinated notes and debentures and on
mandatory convertible securities; and

(4) Investment banking, advisory, brokerage and underwriting fees and commissions;

(5) All other interest expense.

(5) Venture capital revenue;

Line Item 2(a) Interest expense on deposits.
Report all interest expense, including amortization of the
cost of merchandise or property offered in lieu of interest
payments, on deposits as defined in Schedule HC, item
13(a)(2) and 13(b)(2).
Include as interest expense on deposits:
(1) Interest on deposits in domestic offices including
interest on time deposits and all other deposits; and

(6) Net servicing fees;
(7) Net securitization income;
(8) Insurance commissions and fees;
(9) Net gains (losses) on sales of loans and leases;
(10) Net gains (losses) on sales of other real estate
owned;
(11) Net gains (losses) on sales of other assets (excluding securities); and

(2) Interest on deposits in foreign offices, Edge and
Agreement subsidiaries, and IBFs.

(12) Other noninterest income.

Line Item 3 Net interest income.

Line Item 5(a) Income from fiduciary activities.

Report the difference between item 1, ‘‘Total interest
income’’ and item 2, ‘‘Total interest expense.’’ If the
amount is negative, report with a minus (-) sign.

Report gross income from services rendered by the trust
departments of the acquired company’s banking subsidiaries or by any of the acquired company’s consolidated
subsidiaries acting in any fiduciary capacity. Include
commissions and fees on the sales of annuities by these
entities that were executed in a fiduciary capacity.

Line Item 4 Provision for loan and lease losses.
Report the amount the acquired company needed to make
the allowance for loan and lease losses, as defined in
Schedule HC, item 4(c), adequate to absorb expected
loan and lease losses, based upon management’s evaluation of the consolidated holding company’s loan and
lease portfolio. Also include in this item any provision
ISnotes-P-2

Exclude commissions and fees received for the accumulation or disbursement of funds deposited to Individual
Retirement Accounts (IRAs) or Keogh Plan accounts
when they were not handled by the trust departments of
the acquired entity’s subsidiary banks.
Predecessor Financial Items

FR Y-9C
March 2013

Predecessor Financial Items

Leave this item blank if the subsidiary banks of the
acquired company had no trust departments and the
acquired company had no consolidated subsidiaries that
rendered services in any fiduciary capacity.

Also include the acquired company’s proportionate share
of the income or loss before discontinued operations
from its investment in:

Line Item 5(b) Trading revenue.

(2) Associated companies, and

Report the net gain or loss from trading cash instruments
and off-balance-sheet derivative contracts (including
commodity contracts) that was recognized during the
year to date of acquisition.

(3) Corporate joint ventures, unincorporated joint ventures, general partnerships, and limited partnerships
over which the acquired company exercised significant influence that were principally engaged in
investment banking, advisory, brokerage or securities
underwriting activities.

Include as trading revenue:
(1) Revaluation adjustments to the carrying value of
trading assets and liabilities as defined in Schedule
HC, items 5 and 15, resulting from the periodic
marking to market of such assets and liabilities;
(2) Revaluation adjustments from the periodic marking
to market interest rate, foreign exchange, equity
derivative, and commodity and other contracts as
defined in Schedule HC-L, item 12; and
(3) Incidental income and expense related to the purchase and sale of trading assets and liabilities as
defined in Schedule HC, items 5 and 15, and offbalance-sheet derivative contracts as defined in Schedule HC-L, item 12.
If the amount to be reported in this item is a net loss,
report with a minus (-) sign.
Line Item 5(c) Investment banking, advisory,
brokerage and underwriting fees and commissions.
Report fees and commissions from underwriting (or
participating in the underwriting of) securities, investment advisory and management services, merger and
acquisition services, and other related consulting fees.
Include fees and commissions from securities brokerage
activities, from the sale and servicing of mutual funds,
from the sale of annuities to the acquired company’s
customers by securities brokerage firms, from the purchase and sale of securities and money market instruments where the acquired company was acting as agent
for other banking institutions or customers and from the
lending of securities owned by the predecessor company
or its customers (if these fees and commissions are not
included in Notes to the Income Statement - Predecessor
Financial Items, item 5(a), “Income from fiduciary activities,” or item 5(b), “Trading revenue”).
FR Y-9C
Predecessor Financial Items

September 2016

(1) Unconsolidated subsidiaries,

Line Item 5(d) Venture capital revenue.
Report as venture capital revenue market value adjustments, interest, dividends, gains, and losses (including
impairment losses) on venture capital investments (loans
and securities).
Also include the acquired company’s proportionate share
of the income or loss before discontinued operations
from its investment in:
(1) Unconsolidated subsidiaries,
(2) Associated companies, and
(3) Corporate joint ventures, unincorporated joint ventures, general partnerships, and limited partnerships
over which the acquired company exercised significant influence that were principally engaged in venture capital activities.
In general, venture capital activities involve the providing of funds, whether in the form of loans or equity, and
technical and management assistance, when needed and
requested, to start-up or high-risk companies specializing
in new technologies, ideas, products, or processes. The
primary objective of these investments is capital growth.
Line Item 5(e) Net securitization income.
Report net gains (losses) on assets sold in securitization
transactions, (i.e., net of transaction costs). Include fees
(other than servicing fees) earned from the acquired
company’s securitization transactions and unrealized
losses (and recoveries or unrealized losses) on loans and
leases held for sale in securitization transactions. Exclude
income from servicing securitized assets and seller’s
interests and residual interests retained by the acquired
company.
ISnotes-P-3

Predecessor Financial Items

Line Item 5(f)

Insurance commissions and fees.

Line Item 7(a) Salaries and employee benefits.

Report the amount of premiums earned by holding
company subsidiaries engaged in insurance underwriting
and reinsurance activities, and income from insurance
product sales and referrals, as defined in Schedule HI,
items 5(h)(1) and 5(h)(2).

Report salaries and benefits of all officers and employees
of the acquired company and its consolidated subsidiaries
including guards and contracted guards, temporary office
help, dining room and cafeteria employees, and building
department officers and employees (including maintenance personnel).

Line Item 6 Realized gains (losses) on
held-to-maturity and available-for-sale securities.

Include as salaries and employee benefits:

Report the net gain or loss realized during the year to date
of acquisition from the sale, exchange, redemption, or
retirement of all securities as defined in Schedule HC,
items 2(a) and 2(b). The realized gain or loss is the
difference between the sales price (excluding interest at
the coupon rate accrued since the last interest payment
date, if any) and the amortized cost. Also include in this
item the write-downs of the cost basis of individual
held-to-maturity or available-for-sale securities for otherthan-temporary impairments. If the amount to be reported
in this item is a net loss, report with a minus (-) sign.
Do not adjust for applicable income taxes (income taxes
applicable to gains (losses) on held-to-maturity or
available-for-sale securities are to be reported in item 9,
“Applicable income taxes (on item 8), below).”
Exclude from this item:
(1) Net gains (losses) from the sale of detached securities
coupons and the sale of ex-coupon securities (report
in item 5, ‘‘Total noninterest income,’’ or item 7,
‘‘Total noninterest expense,’’ as appropriate); and
(2) The change in net unrealized holding gains (losses)
on available-for-sale securities during the year to
date of acquisition.
Line Item 7 Total noninterest expense.
Report the total noninterest expense of the acquired
company for the year to date of acquisition.
Include as noninterest expense:
(1) Salaries and employee benefits;
(2) Expenses of premises and fixed assets;
(3) Goodwill impairment losses;
(4) Amortization expense and impairment losses for
other intangible assets; and
(5) Other noninterest expense.
ISnotes-P-4

(1) Gross salaries, wages, overtime, bonuses, incentive
compensation, and extra compensation;
(2) Social security taxes and state and federal unemployment taxes paid by the consolidated acquired company;
(3) Contributions to the consolidated acquired company’s retirement plan, pension fund, profit-sharing
plan, employee stock ownership plan, employee
stock purchase plan, and employee savings plan;
(4) Premiums (net of dividends received) on health and
accident, hospitalization, dental, disability, and life
insurance policies for which the consolidated acquired
company was not the beneficiary;
(5) Cost of office temporaries whether hired directly by
the acquired company or its consolidated subsidiaries
or through an outside agency;
(6) Worker’s compensation insurance premiums;
(7) The net cost to the acquired company or its consolidated subsidiaries for employee dining rooms, restaurants, and cafeterias;
(8) Accrued vacation pay earned by employees during
the year to date of acquisition; and
(9) The cost of medical or health services, relocation
programs and reimbursement programs, and other
so-called fringe benefits for officers and employees.
Line Item 7(b) Goodwill impairment losses.
Report any impairment losses recognized during the year
to date of acquisition on goodwill (as defined for Schedule HC, item 10(a)). See Schedule HI, item 7(c)(1) for
further guidance.
Line Item 8 Income (loss) before applicable
income taxes and discontinued operations.
Report the consolidated acquired company’s pretax operating income. This amount will generally be determined
Predecessor Financial Items

FR Y-9C
September 2016

Predecessor Financial Items

by taking item 1, minus the sum of item 2 and item 4,
plus item 5, plus or minus item 6, minus item 7. If the
result is negative, report with a minus (-) sign.

(1) Item 11, “Discontinued operations, net of applicable
income taxes and noncontrolling (minority) interest”;

Line Item 9 Applicable income taxes.

(3) Other comprehensive income.

Report the total estimated federal, state and local, and
foreign income tax expense applicable to item 8, “Income
(loss) before applicable income taxes and discontinued
operations,” including the tax effects of gains (losses) on
securities not held in trading accounts (i.e., held-tomaturity and available-for-sale securities). Include both
the current and deferred portions of these income taxes. If
the amount is a tax benefit rather than tax expense, report
with a minus (-) sign.
Include as applicable income taxes all taxes based on a
net amount of taxable revenues less deductible expenses.
Exclude from applicable income taxes all taxes based on
gross revenues or gross receipts.
Include income tax effects of changes in tax laws or rates.
Also include the effect of changes in the valuation
allowance related to deferred tax assets resulting from a
change in estimate of the realizability of deferred tax
assets, excluding the effect of any valuation allowance
changes related to unrealized holding gains (losses) on
available-for-sale securities that are charged or credited
directly to the separate component of equity capital for
‘‘Accumulated other comprehensive income.’’

(2) Any changes due to corrections of material accounting errors and changes in accounting principles; and

Line Item 10 Noncontrolling (minority) interest.
Report the noncontrolling (minority) interest in the net
income or loss of the acquired company’s consolidated
subsidiaries.
Line Item 11 Discontinued operations, net of
applicable income taxes and noncontrolling
(minority) interest.
Report the results of discontinued operations, if any, net
of applicable income taxes, as determined in accordance
with the provisions of ASC Subtopic 205-20, Presentation of Financial Statements—Discontinued Operations
(formerly FASB Statement No. 144, “Accounting for the
impairment or Disposal of Long-Lived Assets”). If the
amount reported in this item is a net loss, report with a
minus (-) sign.
Line Item 12 Net income (loss).
Report the difference between item 8 and the sum of item
9, item 10, and item 11. If the amount is negative, report
with a minus (-) sign.

Include tax benefits from operating loss carrybacks realized during the reporting period up to acquisition date. If
the consolidated acquired company had realized tax
benefits from operating loss carryforwards during this
period, do not net the dollar amount of these benefits
against the income taxes which would be applicable to
item 8. Report the dollar amount of income taxes applicable to item 8 in this item and report the realized tax
benefits of operating loss carryforwards gross in item 11,
‘‘Discontinued operations, net of applicable income taxes
and noncontrolling (minority) interest.”

Line Item 13 Cash dividends declared.

Also include the dollar amount of any material adjustments or settlements reached with a taxing authority
(whether negotiated or adjudicated) relating to disputed
income taxes of prior years (report in noninterest income
or noninterest expense, as appropriate).

Line Item 14 Net charge-offs.

Exclude the estimated federal, state and local, and foreign income taxes applicable to:
FR Y-9C
Predecessor Financial Items

June 2018

Report all cash dividends declared on common and
preferred stock (including limited-life preferred stock)
during the year to date of acquisition, including dividends not payable until after the acquisition date.
Do not include dividends declared during the previous
calendar year but paid in the current period.
For further information on cash dividends, refer to the
Glossary entry for ‘‘dividends.’’

Report in this item the difference between gross chargeoffs (loans and leases charged by the acquired company
against the allowance) and recoveries (amounts credited
to the allowance for recoveries on loans and leases
previously charged against the allowance) from January
1 to the last business day prior to the date of the BHC’s
ISnotes-P-5

Predecessor Financial Items

merger with the acquired entity. Include in charged off
loans and leases write-downs to fair value on loans and
leases transferred to the held-for-sale account during the
year to date of acquisition that occurred when (1) the
acquired company 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.
Line Item 15 Net interest income (item 3 above)
on a fully taxable equivalent basis.
Report net interest income (Notes to the Income Statement - Predecessor Financial Items, item 3, “Net interest
income,” above) on a fully taxable equivalent basis. The
amount reported in this item should reflect what net
interest income of the acquired company would have
been if all its interest income were subject to federal and
state income taxes.
The following accounts, on which the interest income is
fully or partially tax-exempt, should be adjusted to a
“taxable equivalent” basis in order that the acquired
company’s interest income can be computed on a fully
taxable equivalent basis:
(1) Interest income on tax-exempt obligations (other
than securities) of states and political subdivisions in

ISnotes-P-6

the U.S. (included in Notes to the Income Statement Predecessor Financial Items, item 1(a), “Interest
income on loans and leases”);
(2) Income on lease financing receivables that is taxexempt (included in Notes to the Income Statement Predecessor Financial Items, item 1(a), “Interest
income on loans and leases”);
(3) Income on tax-exempt securities issued by states and
political subdivisions in the U.S. (included in Notes
to the Income Statement - Predecessor Financial
Items, item 1(b), “Interest income on investment
securities”); and
(4) Any other interest income (such as interest income
earned on loans to an Employee Stock Ownership
Plan), which under state or federal laws is partially or
in its entirety exempt from income taxes.
The changes to the 1986 Tax Reform Act must be taken
into consideration when computing net interest income
on a fully taxable equivalent basis. The 1986 Act, in
general, disallowed 100% of the interest expense allocable to tax-exempt obligations acquired after August 7,
1986. Previous to that date, and after December 31, 1982,
the disallowance percentage was 20%; previous to December 31, 1982, the disallowance was 0%.

Predecessor Financial Items

FR Y-9C
June 2011

LINE ITEM INSTRUCTIONS FOR

Notes to the Income Statement
Other

This section has been provided to allow holding companies that so wish to
explain the content of specific items in the income statement. The reporting
holding company should include any transactions reported on Schedules HI through HI-B that it wishes to explain or that have been separately
disclosed in the holding company’s quarterly reports to its shareholders, in its
press releases, or on its quarterly reports to the Securities and Exchange
Commission (SEC).
Exclude, however, any transactions that have been separately disclosed under
the reporting requirements specified in Memoranda items 6 through 8 to
Schedule HI, the Consolidated Income Statement.
Also include any transactions which previously would have appeared as
footnotes to Schedules HI through HI-B.
Report in the space provided the schedule and line item for which the holding
company is specifying additional information, a description of the transaction
and, in the column provided, the dollar amount associated with the transaction
being disclosed.

FR Y-9C
Notes to the Income Statement—Other March 2013

ISnotes--1

LINE ITEM INSTRUCTIONS FOR

Consolidated Balance Sheet
for Holding Companies
Schedule HC
The line item instructions should be read in conjunction with the Glossary and other
sections of these instructions. See the discussion of the Organization of the Instruction Book
in the General Instructions. For purposes of these line item instructions, the FASB
Accounting Standards Codification is referred to as “ASC.”
(c) nationalized banks and banking institutions owned
Assets
Line Item 1 Cash and balances due from
depository institutions.
Report in item 1(a) noninterest-bearing balances due
from depository institutions and currency and coin and in
item 1(b) interest-bearing balances due from depository
institutions.
Depository institutions cover the following
(1) Depository institutions in the U.S., i.e.,
(a) U.S. branches and agencies of foreign banks
(refer to the Glossary entry for ‘‘banks, U.S. and
foreign’’ for the definition of this term);
(b) U.S. branches of U.S. banks (refer to the Glossary
entry for ‘‘banks, U.S. and foreign’’);
(c) savings or building and loan associations, homestead associations, and cooperative banks;
(d) mutual and stock savings banks; and
(e) credit unions.
(2) Banks in foreign countries, i.e.,
(a) foreign-domiciled branches of other U.S. banks;
and
(b) foreign-domiciled branches of foreign banks.
See the Glossary entry for ‘‘banks, U.S. and foreign’’
for a description of banks in foreign countries.

by central governments that have, as an important part of their functions, activities similar to
those of a central bank; and

(d) the Bank for International Settlements (BIS).
Balances due from such institutions cover all interestbearing and noninterest-bearing balances whether in the
form of demand, savings, or time balances, including
certificates of deposit, but excluding any balances held
in the consolidated holding company’s trading accounts.
Balances with foreign central banks should include all
balances with such entities, including reserve, operating,
and investment balances. Balances should include ‘‘placements and redeposits’’ between foreign offices of the
banking subsidiaries of the reporting holding company
and foreign offices of other banks.
Treatment of reciprocal balances with depository institutions. Reciprocal balances arise when two depository
institutions maintain balances with each other, i.e., each
institution has both a ‘‘due from’’ and a ‘‘due to’’ balance
with the other institution. For purposes of reporting on
this schedule and on Schedule HC-E, Deposit Liabilities,
reciprocal balances should be reported in accordance
with generally accepted accounting principles.
For purposes of these reports, deposit accounts ‘‘due
from’’ other depository institutions that are overdrawn
are to be reported as borrowings in Schedule HC, item 16.
For further information, refer to the Glossary entry for
‘‘overdraft.’’
Exclude from items 1(a) and 1(b) the following

(a) foreign central banks in foreign countries;

(1) All intracompany transactions, i.e., all transactions
between any offices of the consolidated holding
company.

(b) departments of foreign central governments that
have, as an important part of their functions,
activities similar to those of a central bank;

(2) Claims on banks or other depository institutions held
in the consolidated holding company’s trading
accounts.

(3) Foreign central banks, i.e.,

FR Y-9C
Schedule HC

March 2013

HC-1

Schedule HC

(3) Deposit accounts ‘‘due to’’ other depository institutions that are overdrawn (report in Schedule HC-C,
item 2, ‘‘Loans to depository institutions and acceptances of other banks’’).
(4) Loans to depository institutions (report in Schedule HC-C, item 2).
(5) Unavailable balances due from closed or liquidating
banks or other depository institutions (report in
Schedule HC, item 11, ‘‘Other assets’’).
Line Item 1(a) Noninterest-bearing balances and
currency and coin.
Report the total of all noninterest-bearing balances due
from depository institutions, currency and coin, cash
items in process of collection, and unposted debits.
For purposes of this report, the consolidated holding
company’s overdrafts on deposit accounts it holds with
other depository institutions that are not consolidated on
the reporting holding company’s FR Y-9C (i.e., its ‘‘due
from’’ accounts) are to be reported as borrowings in
Schedule HC, item 16, except overdrafts arising in
connection with checks or drafts drawn by subsidiary
depository institutions of the reporting holding company
and drawn on, or payable at or through, another depository institution either on a zero-balance account or on an
account that is not routinely maintained with sufficient
balances to cover checks or drafts drawn in the normal
course of business during the period until the amount of
the checks or drafts is remitted to the other depository
institution (in which case, report the funds received or
held in connection with such checks or drafts as deposits
in Schedule HC-E until the funds are remitted).
Noninterest-bearing balances include the following
(1) Cash items in process of collection. Cash items in
process of collection include the following:
(a) Checks or drafts in process of collection that are
drawn on another depository institution (or on
a Federal Reserve Bank) and that are payable
immediately upon presentation in the country
where the reporting holding company’s office
that is clearing or collecting the check or draft is
located. This includes checks or drafts drawn on
other institutions that have already been forwarded for collection but for which the reporting
bank has not yet been given credit (‘‘cash letHC-2

ters’’) and checks or drafts on hand that will be
presented for payment or forwarded for collection on the following business day.
(b) Government checks drawn on the Treasurer of
the United States or any other government agency
that are payable immediately upon presentation
and that are in process of collection.
(c) Such other items in process of collection that are
payable immediately upon presentation and that
are customarily cleared or collected as cash items
by depository institutions in the country where
the reporting holding company’s office which is
clearing or collecting the item is located.
(2) Unposted debits, which are cash items in a subsidiary
depository institution’s possession, drawn on itself,
that are immediately chargeable, but that have not
been charged to the general ledger deposit control
account at the close of business on the report date.
(3) Noninterest-bearing balances with depository institutions, i.e., whether in the form of demand, time, or
savings balances, provided that the accounts pay no
interest.
(4) Currency and coin. Include both U.S. and foreign
currency and coin owned and held in all offices of the
consolidated holding company; currency and coin in
transit to a Federal Reserve Bank or to any other
depository institution for which the reporting holding
company’s subsidiaries have not yet received credit;
and currency and coin in transit from a Federal
Reserve Bank or from any other depository institution for which the accounts of the subsidiaries of the
reporting holding company have already been
charged. Foreign currency and coin should be converted into U.S. dollar equivalents as of the report
date.
Exclude from this item the following
(1) Credit or debit card sales slips in process of collection (report as noncash items in Schedule HC,
item 11, ‘‘Other assets’’). However, when the reporting holding company or its consolidated subsidiaries
have been notified that they have been given credit,
the amount of such sales slips should be reported in
this item.
(2) Cash items not conforming to the definition of in
process of collection, whether or not cleared through
Schedule HC

FR Y-9C
March 2013

Schedule HC

Federal Reserve Banks (report in Schedule HC,
item 11, ‘‘Other assets’’).
(3) Commodity or bill-of-lading drafts (including arrival
drafts) not yet payable (because the merchandise
against which the draft was drawn has not yet
arrived), whether or not deposit credit has been
given. (If deposit credit has been given, report as
loans in the appropriate item of Schedule HC-C; if
the drafts were received on a collection basis, they
should be excluded entirely from the consolidated
holding company’s balance sheet, Schedule HC, until
the funds have actually been collected.)
(4) Balances due from Federal Reserve Banks (report as
interest-bearing balances in Schedule HC, item 1(b)).
Line Item 1(b) Interest-bearing balances.
Report all interest-bearing balances due from depository
institutions whether in the form of demand, savings, or
time balances, including certificates of deposit, but
excluding certificates of deposit held for trading. Include
balances due from Federal Reserve Banks (including
balances maintained to satisfy reserve balance requirements, excess balances, and term deposits), commercial
banks in the U.S., other depository institutions in the U.S.,
Federal Home Loan Banks, banks in foreign countries,
and foreign central banks. Include the fair value of
interest-bearing balances due from depository institutions
that are accounted for at fair value under a fair value
option.
Exclude from interest-bearing balances:
(1) Loans to depository institutions and acceptances of
other banks (report in Schedule HC-C, item 2).
(2) All interest-bearing balances that the reporting institution’s trust department maintains with other depository institutions.
(3) Certificates of deposit held for trading (report in
Schedule HC, item 5).
(4) Investments in money market mutual funds, which,
for purposes of these reports, are to be reported as
investments in equity securities.
Line Item 1(b)(1)

In U.S. offices.

Report the total of all interest-bearing balances due from
depository institutions and foreign central banks that are
held in offices of the holding company or its consolidated
FR Y-9C
Schedule HC

March 2018

subsidiaries located in the fifty states of the United States
and the District of Columbia. NOTE: This item should
include balances due from unaffiliated U.S. and foreign
banks and central banks wherever those institutions are
located, provided that such balances are booked as assets
in domestic offices of the holding company or of its
consolidated subsidiaries.
Exclude balances held in Edge and Agreement subsidiaries or in international banking facilities (IBFs) of the
reporting holding company, which are considered foreign
offices of the holding company for purposes of this
report. Such balances are to be reported in item 1(b)(2)
below.
Line Item 1(b)(2) In foreign offices, Edge and
Agreement subsidiaries, and IBFs.
This item is to be reported only by holding companies
that have foreign offices or Edge or Agreement subsidiaries or whose consolidated subsidiaries have foreign
offices, Edge or Agreement subsidiaries, or International
Banking Facilities.
Report the total of all interest-bearing balances due from
depository institutions, wherever located, provided that
the reporting holding company or its consolidated subsidiaries book such balances as assets of offices that are
located outside the fifty states of the United States and
the District of Columbia. Also report all interest-bearing
balances held in International Banking Facilities (IBFs) and in Edge and Agreement corporations of
the reporting holding company or its consolidated subsidiaries.
Line Item 2 Securities.
Line Item 2(a) Held-to-maturity securities.
Report the amount from Schedule HC-B, item 8, column A, ‘‘Total amortized cost.’’
Line Item 2(b) Available-for-sale securities.
Report the amount from Schedule HC-B, item 8, column D, ‘‘Total fair value.’’
NOTE: Item 2(c) is to be completed only by holding
companies that have adopted FASB Accounting Standards Update No. 2016-01 (ASU 2016-01), which
includes provisions governing the accounting for investments in equity securities, including investment in mutual
funds, and eliminates the concept of available-for-sale
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Schedule HC

equity securities. ASU 2016-01 requires holdings of
equity securities (except those accounted for under the
equity method or that result in consolidation), including
other ownership interests (such as partnerships, unincorporated joint ventures, and limited liability companies),
to be measured at fair value with changes in the fair value
recognized through net income. However, holding companies may choose to measure equity securities and other
equity investments that do not have readily determinable
fair values at cost minus impairment, if any, plus or
minus changes resulting from observable price changes
in orderly transactions for the identical or a similar
investment of the same issuer.
Holding companies that have not adopted ASU 2016-01
should leave item 2(c) blank and report their holdings of
equity securities with readily determinable fair values not
held for trading as available-for-sale equity securities in
Schedule HC-B, item 7, and in Schedule HC, item 2(b).
For holding companies that are public business entities,
as defined in U.S. GAAP, ASU 2016-01 is effective for
fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. For example, a holding company with a calendar year fiscal year
that is a public business entity must begin to apply ASU
2016-01 in its FR Y-9C report for March 31, 2018. For
all other holding companies, ASU 2016-01 is effective
for fiscal years beginning after December 15, 2018, and
interim periods within fiscal years beginning after December 15, 2019. For example, a holding company with a
calendar year fiscal year that is not a public business
entity must begin to apply ASU 2016-01 in its FR Y-9C
report for December 31, 2019. Early application of ASU
2016-01 is permitted for all holding companies that are
not public business entities as of fiscal years beginning
after December 15, 2017, including interim periods
within those fiscal years.
2(c) Equity securities with readily determinable
fair values not held for trading.
Report the fair value of all investments in mutual funds
and other equity securities (as defined in ASC Topic 321,
Investments-Equity Securities) with readily determinable
fair values that are not held for trading. Such securities
include, but are not limited to, money market mutual
funds, mutual funds that invest solely in U.S. Government securities, common stock, and perpetual preferred
stock. Perpetual preferred stock does not have a stated
maturity date and cannot be redeemed at the option of the
HC-4

investor, although it may be redeemable at the option of
the issuer.
Exclude equity securities held for trading from Schedule
HC, item 2(c). For purposes of the FR Y-9C balance
sheet, trading activities typically include (a) regularly
underwriting or dealing in securities; interest rate, foreign exchange rate, commodity, equity, and credit derivative contracts; other financial investments; and other
assets for resale, (b) acquiring or taking positions in such
items principally for the purpose of selling in the near
term or otherwise with the intent to resell in order to
profit from short-term price movements, and (c) acquiring or taking positions in such items as an accommodation to customers or for other trading purposes. When a
holding company’s holdings of equity securities with
readily determinable fair values falls within the scope of
the preceding description of trading activities, the equity
securities should be reported as trading assets in Schedule HC, item 5. Otherwise, the equity securities should be
reported in this item 2(c).
According to ASC Topic 321, the fair value of an equity
security is readily determinable if sales prices or bid-andasked quotations are currently available on a securities
exchange registered with the U.S. Securities and Exchange
Commission (SEC) or in the over-the-counter market,
provided that those prices or quotations for the over-thecounter market are publicly reported by the National
Association of Securities Dealers Automated Quotations
systems or by OTC Markets Group Inc. (“Restricted
stock” meets that definition if the restriction terminates
within one year.) The fair value of an equity security
traded only in a foreign market is readily determinable if
that foreign market is of a breadth and scope comparable
to one of the U.S. markets referred to above. The fair
value of an investment in a mutual fund (or in a structure
similar to a mutual fund, i.e., a limited partnership or a
venture capital entity) is readily determinable if the fair
value per share (unit) is determined and published and is
the basis for current transactions.
Investments in mutual funds and other equity securities
with readily determinable fair values may have been
purchased by the reporting holding company or acquired
for debts previously contracted.
Include in this item common stock and perpetual preferred stock of the Federal National Mortgage Association (Fannie Mae), common stock and perpetual preferred stock of the Federal Home Loan Mortgage
Schedule HC

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Schedule HC

Corporation (Freddie Mac), Class A voting and Class C
non-voting common stock of the Federal Agricultural
Mortgage Corporation (Farmer Mac), and common and
preferred stock of SLM Corporation (the private-sector
successor to the Student Loan Marketing Association).
Exclude from equity securities with readily determinable
fair values not held for trading:
(1) Paid-in stock of a Federal Reserve Bank (report as an
equity investment without a readily determinable fair
value in Schedule HC-F, item 4).
(2) Stock of a Federal Home Loan Bank (report as an
equity investment without a readily determinable fair
value in Schedule HC-F, item 4).
(3) Common and preferred stocks that do not have
readily determinable fair values, such as stock of
bankers’ banks and Class B voting common stock of
the Federal Agricultural Mortgage Corporation
(Farmer Mac) (report in Schedule HC-F, item 4).
(4) Preferred stock that by its terms either must be
redeemed by the issuing enterprise or is redeemable
at the option of the investor (i.e., redeemable or
limited-life preferred stock), including trust preferred
securities subject to mandatory redemption (report
such preferred stock as an other debt security in
Schedule HC-B, item 6).
(5) “Restricted stock,” i.e., equity securities for which
sale is restricted by governmental or contractual
requirement (other than in connection with being
pledged as collateral), except if that requirement
terminates within one year or if the holder has the
power by contract or otherwise to cause the requirement to be met within one year (if the restriction does
not terminate within one year, report “restricted
stock” as an equity investment without a readily
determinable fair value in Schedule HC-F, item 4).
(6) Participation certificates issued by a Federal Intermediate Credit Bank, which represent nonvoting stock
in the bank (report as an equity investment without a
readily determinable fair value in Schedule HC-F,
item 4).
(7) Minority interests held by the reporting institution in
any companies not meeting the definition of associated company (report as equity investments without
readily determinable fair values in Schedule HC-F,
item 4), except minority holdings that indirectly
FR Y-9C
Schedule HC

March 2018

represent bank premises (report in Schedule HC,
item 6) or other real estate owned (report in Schedule
HC, item 7), provided that the fair value of any
capital stock representing the minority interest is not
readily determinable. (See the Glossary entry for
“subsidiaries” for the definition of associated company.)
(8) Equity holdings in those corporate joint ventures
over which the reporting institution does not exercise
significant influence (report as equity investments
without readily determinable fair value in Schedule
HC-F, item 4), except equity holdings that indirectly
represent bank premises (report in Schedule HC,
item 6) or other real estate owned (report in Schedule
HC, item 7). (See the Glossary entry for “subsidiaries” for the definition of corporate joint venture.)
(9) Holdings of capital stock of and investments in
unconsolidated subsidiaries, associated companies,
and those corporate joint ventures over which the
reporting bank exercises significant influence (report
in Schedule HC, item 8, “Investments in unconsolidated subsidiaries and associated companies”).
Line Item 3 Federal funds sold and securities
purchased under agreements to resell.
Line Item 3(a) Federal funds sold in domestic
offices.
Report the outstanding amount of federal funds sold,
i.e., immediately available funds lent (in domestic offices)
under agreements or contracts that have an original
maturity of one business day or roll over under a
continuing contract, excluding such funds lent in the
form of securities purchased under agreements to resell
(which should be reported in Schedule HC, item 3(b))
and overnight lending for commercial and industrial
purposes (which generally should be reported in Schedule HC, item 4(b)). Transactions that are to be reported as
federal funds sold may be secured or unsecured or may
involve an agreement to resell loans or other instruments
that are not securities.
Immediately available funds are funds that the purchasing holding company can either use or dispose of on the
same business day that the transaction giving rise to the
receipt or disposal of the funds is executed. A continuing
contract, regardless of the terminology used, is an agreement that remains in effect for more than one business
HC-5

Schedule HC

day, but has no specified maturity and does not require
advance notice of the lender or the borrower to terminate.
Report federal funds sold on a gross basis, i.e., do not net
them against federal funds purchased, except to the
extent permitted under ASC Subtopic 210-20, Balance
Sheet – Offsetting (formerly FASB Interpretation No. 39,
Offsetting of Amounts Related to Certain Contracts).
Also exclude from federal funds sold
(1) Sales of so-called ‘‘term federal funds’’ (as defined in
the Glossary entry for ‘‘federal funds transactions’’)
(report in Schedule HC, item 4(b), ‘‘Loans and
leases, held for investment’’).
(2) Securities resale agreements that have an original
maturity of one business day or roll over under a
continuing contract, if the agreement requires the
holding company to resell the identical security
purchased or a security that meets the definition of
substantially the same in the case of a dollar roll
(report in Schedule HC, item 3(b), ‘‘Securities purchased under agreements to resell’’).
(3) Deposit balances due from a Federal Home Loan
Bank (report as balances due from depository institutions in Schedule HC, item 1(a) or 1(b), as
appropriate).
(4) Lending transactions in foreign offices involving
immediately available funds with an original maturity of one business day or under a continuing
contract that are not securities resale agreements
(report in Schedule HC, item 4(b), ‘‘Loans and
leases, held for investment’’).
For further information, see the Glossary entry for ‘‘federal funds transactions.’’

Report securities purchased under agreements to resell on
a gross basis, i.e., do not net them against securities sold
under agreements to repurchase, except to the extent
permitted under ASC Subtopic 210-20, Balance Sheet –
Offsetting (formerly FASB Interpretation No. 41, Offsetting of Amounts Related to Certain Repurchase and
Reverse Repurchase Agreements). Include the fair value
of securities purchased under agreement to resell that are
accounted for at fair value under a fair value option.
Exclude from this item
(1) Resale agreements involving assets other than securities (report in Schedule HC, item 3(a), ‘‘Federal
funds sold,’’ or item 4(b), ‘‘Loans and leases, held for
investment,’’ as appropriate, depending on the maturity and office location of the transaction).
(2) Due bills representing purchases of securities or
other assets by the reporting holding company that
have not yet been delivered and similar instruments,
whether collateralized or uncollateralized (report in
Schedule HC, item 4(b)). See the Glossary entry for
‘‘due bills.’’
(3) So-called yield maintenance dollar repurchase agreements (see the Glossary entry for ‘‘repurchase/resale
agreements’’).
For further information, see the Glossary entry for
‘‘repurchase/resale agreements.’’
Line Item 4 Loans and lease financing receivables.
Report in the appropriate subitem loans and leases held
for sale and loans and leases that the reporting holding
company has the intent and ability to hold for the
foreseeable future or until maturity or payoff, i.e., held
for investment.
Line Item 4(a) Loans and leases held for sale.

Line Item 3(b) Securities purchased under
agreements to resell.
Report the outstanding amount of
(1) Securities resale agreements, regardless of maturity,
if the agreement requires the holding company to
resell the identical security purchased or a security
that meets the definition of substantially the same in
the case of a dollar roll.
(2) Purchases of participations in pools of securities,
regardless of maturity.
HC-6

Report the amount of loans and leases held for sale at the
lower of cost or fair value. The amount by which cost
exceeds fair value, if any, shall be accounted for as a
valuation allowance. Therefore, no allowance for loan
and lease losses should be established for loans and
leases held for sale. These loans and leases are included
by loan category in Schedule HC-C.
Line Item 4(b) Loans and leases, held for
investment.
Report the amount of loans and leases that the reporting
holding company has the intent and ability to hold for the
Schedule HC

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Schedule HC

foreseeable future or until maturity or payoff, i.e., held
for investment.
This item must equal Schedule HC-C item 12, column A, excluding the amount of loans and leases held for
sale, which should be reported separately in item 4(a)
above. Loans and leases reported in line item 4(b) should
be net of unearned income.
Line Item 4(c) LESS: Allowance for loan and lease
losses.
Report the allowance for loan and lease losses as determined in accordance with generally accepted accounting
principles (GAAP) (and described in the Glossary entry
for ‘‘allowance for loan and lease losses’’). Also include
in this item any allocated transfer risk reserve related to
loans and leases held for investment that the reporting
holding company is required to establish and maintain 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. This item must equal
Schedule HI-B, part II, item 7.
Line Item 4(d) Loans and leases, held for
investment net of allowance for loan and lease
losses.
Report the amount derived by subtracting item 4(c) from
item 4(b).
Line Item 5 Trading assets.

Securities (formerly FASB Statement No. 115, Accounting for Certain Investments in Debt and Equity Securities), that a holding company has elected to report at fair
value under a fair value option with changes in fair value
reported in current earnings should be classified as
trading securities. In addition, for purposes of this report,
holding companies may classify assets (other than debt
securities within the scope of ASC Topic 320 for which a
fair value option is elected) as trading if the holding
company applies fair value accounting, with changes in
fair value reported in current earnings, and manages
these assets as trading positions, subject to the controls
and applicable regulatory guidance related to trading
activities. For example, a holding company would generally not classify a loan to which it has applied the fair
value option as a trading asset unless the holding company holds the loan, which it manages as a trading
position, for one of the following purposes: (1) for
market making activities, including such activities as
accumulating loans for sale or securitization; (2) to
benefit from actual or expected price movements; or (3)
to lock in arbitrage profits.
Do not include in this item the carrying value of any
available-for-sale securities, any loans that are held for
sale (and are not classified as trading in accordance with
the preceding instruction), and any leases that are held for
sale. Available-for-sale debt securities are reported in
Schedule HC, item 2(b), and in Schedule HC-B, columns
C and D. Loans (not classified as trading) and leases held
for sale should be reported in Schedule HC, item 4(a),
‘‘Loans and leases held for sale,’’ and in Schedule HC-C.

Trading activities typically include (a) regularly underwriting or dealing in securities; interest rate, foreign
exchange rate, commodity, equity, and credit derivative
contracts; other financial instruments; and other assets for
resale; (b) acquiring or taking positions in such items
principally for the purpose of selling in the near term or
otherwise with the intent to resell in order to profit from
short-term price movements; or (c) acquiring or taking
positions in such items as an accommodation to customers or for other trading purposes. Assets and other
financial instruments held for trading shall be consistently valued at fair value as defined by ASC Topic 820,
Fair Value Measurement (formerly FASB Statement No.
157, ‘‘Fair Value Measurements’’).

Trading assets also include derivatives with a positive
fair value resulting from the ‘‘marking to market’’ of
interest rate, foreign exchange rate, commodity, equity,
and credit derivative contracts held for trading purposes
as of the report date. Derivative contracts with the same
counterparty that have positive fair values and negative
fair values and meet the criteria for a valid right of setoff
contained in ASC Subtopic 210-20, Balance Sheet –
Offsetting (formerly FASB Interpretation No. 39, Offsetting of Amounts Related to Certain Contracts) (e.g., those
contracts subject to a qualifying master netting agreement) may be reported on a net basis using this item and
Schedule HC, item 15, ‘‘Trading liabilities,’’ as appropriate. (See the Glossary entry for ‘‘offsetting.’’)

For purposes of the FR Y-9C report, all debt securities
within the scope of ASC Topic 320, Investment-Debt

For those holding companies that must complete Schedule HC-D, this item must equal Schedule HC-D, item 12,

FR Y-9C
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June 2018

HC-7

Schedule HC

‘‘Total trading assets,’’ and Schedule HC-Q, item 2,
column A.
Line Item 6 Premises and fixed assets.
Report the book value, less accumulated depreciation or
amortization, of all premises, equipment, furniture, and
fixtures purchased directly or acquired by means of
a capital lease. The method of depreciation or amortization should conform to generally accepted accounting
principles.
Do not deduct mortgages or other liens on such property
(report in Schedule HC, item 16, ‘‘Other borrowed
money’’).
Include the following as premises and fixed assets

ence over the partnership or company) whose
principal activity is the ownership of land, buildings, equipment, furniture, or fixtures occupied
or used (or to be occupied or used) by the
holding company or its consolidated subsidiaries. For holding companies that have adopted
ASU 2016-01 (see the Note preceding the instructions for Schedule HC, item 2(c), report such
stocks and investments at (i) fair value or (ii) if
chosen by the reporting holding company for an
equity investment that does not have a readily
determinable fair value, at cost minus impairment, if any, plus or minus changes resulting
from observable price changes in orderly transactions for the identical or a similar investment
of the same issuer.

(1) Premises that are actually owned and occupied (or to
be occupied, if under construction) by the holding
company, its consolidated subsidiaries, or their
branches.

Property formerly but no longer used for banking or
nonbanking activities may be reported in this item as
‘‘Premises and fixed assets’’ or in item 7, ‘‘Other real
estate owned.’’

(2) Leasehold improvements, vaults, and fixed machinery and equipment.

Exclude from premises and fixed assets

(3) Remodeling costs to existing premises.

(1) Original paintings, antiques, and similar valuable
objects (report in item 11, ‘‘Other assets’’);

(4) Real estate acquired and intended to be used for
future expansion.
(5) Parking lots that are used by customers or employees
of the holding company, its consolidated subsidiaries, and their branches.
(6) Furniture, fixtures, and movable equipment of the
holding company, its consolidated subsidiaries, and
their branches.
(7) Automobiles, airplanes, and other vehicles owned by
the holding company or its consolidated subsidiaries
and used in the conduct of its business.
(8) The amount of capital lease property (with the holding company or its consolidated subsidiaries as
lessee)—premises, furniture, fixtures, and equipment. See the discussion of accounting with holding
company as lessee in the Glossary entry for ‘‘lease
accounting.’’
(9) (a) Stocks and bonds issued by nonmajority-owned
corporations and
(b) Investments in limited partnerships or limited
liability companies (other than investments so
minor that the institution has virtually no influHC-8

(2) Favorable leasehold rights (report in Schedule HC-M
item 12(c) “All other identifiable intangible assets”);
and
(3) Loans and advances, whether secured or unsecured,
to individuals, partnerships, and nonmajority-owned
corporations for the purpose of purchasing or holding
land, buildings, or fixtures occupied or used (or to be
occupied or used) by the holding company, its consolidated subsidiaries, or their branches (report in
item 4(b) ‘‘Loans and leases, held for investment’’).
Line Item 7 Other real estate owned.
Report the total amount of other real estate owned from
Schedule HC-M, item 13. For further information on
other real estate owned, see the instructions to Schedule HC-M, item 13, and the Glossary entry for ‘‘foreclosed assets.’’
Line Item 8 Investments in unconsolidated
subsidiaries and associated companies.
Report the amount of the holding company’s investments
in the stock of all subsidiaries that have not been
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FR Y-9C
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Schedule HC

consolidated, associated companies, corporate joint ventures, unincorporated joint ventures, and general partnerships over which the holding company exercises significant influence; and noncontrolling investments in certain
limited partnerships and limited liability companies
(described in the Glossary entry for ‘‘equity method of
accounting’’), excluding those that represent direct and
indirect investments in real estate venture (which are to
be reported in Schedule HC, item 9). The entities in
which these investments have been made are collectively
referred to as ‘‘investees.’’ Special purpose entities issuing trust preferred securities that a holding company
deconsolidates under GAAP generally are considered
unconsolidated subsidiaries for regulatory reporting and
other regulatory purposes. Include such investments in
unconsolidated special purpose entities that issue trust
preferred securities. Also include loans and advances to
investees and holdings of their bonds, notes, and debentures.
Investments in the common stock of investees shall be
reported using the equity method of accounting in accordance with GAAP. Under the equity method, the carrying
value of the holding company’s investment in the common stock of an investee is originally recorded at cost but
is adjusted periodically to record as income the holding
company’s proportionate share of the investee’s earnings
or losses and decreased by the amount of any cash
dividends received from the investee and amortization of
goodwill.
For purposes of this report, the date through which the
carrying value of the holding company’s investment in an
investee has been adjusted should, to the extent practicable, match the report date of the FR Y-9C, but in no
case differ by more than 93 days from the report date.

Exclude real estate acquired in any manner for debts
previously contracted, including, but not limited to, real
estate acquired through foreclosure or acquired by deed
in lieu of foreclosure, and equity holdings that indirectly
represent such real estate (report in Schedule HC-M, item
13, ‘‘Other real estate owned’’). Include as direct and
indirect investments in real estate ventures:
(1) Any real estate acquired, directly or indirectly, by the
holding company or a consolidated subsidiary and
held for development, resale, or other investment
purposes. (Do not include real estate acquired in any
manner for debts previously contracted, including,
but not limited to, real estate acquired through foreclosure or acquired by deed in lieu of foreclosure.
Report such real estate in Schedule HC-M, item 13.)
(2) Real estate acquisition, development, or construction
(ADC) arrangements which are accounted for as
direct investments in real estate or real estate joint
ventures in accordance with ASC Subtopic 310-10,
Receivables – Overall (formerly AICPA Practice
Bulletin 1, Appendix, Exhibit I, ADC Arrangements).

Unconsolidated subsidiaries include all subsidiaries of
the reporting holding company that are 50 percent or less
owned (i.e., less than majority-owned) by the reporting
holding company or, for some reason under GAAP, are
not consolidated on the reporting holding company’s
consolidated financial statements. Refer to the General
Instructions section of this book for a more detailed
discussion of consolidation. See also the Glossary entry
for ‘‘subsidiaries’’ for definitions of subsidiary, associated companies, and joint ventures.

(3) Real estate acquired and held for investment by the
holding company or a consolidated subsidiary that
has been sold under contract and accounted for under
the deposit method of accounting in accordance with
ASC Subtopic 360-20, Property, Plant, and Equipment – Real Estate Sales (formerly FASB Statement
No. 66, Accounting for Sales of Real Estate). Under
this method, the seller does not record notes receivable, but continues to report the real estate and any
related existing debt on its balance sheet. The deposit
method is used when a sale has not been consummated and is commonly used when recovery of the
carrying value of the property is not reasonably
assured. If the full accrual, installment, cost recovery,
reduced profit, or percentage-of-completion method
of accounting under ASC Subtopic 360-20 is being
used to account for the sale, the receivable resulting
from the sale of the real estate should be reported as a
loan in Schedule HC-C and any gain on the sale
should be recognized in accordance with ASC Subtopic 360-20.

Line Item 9 Direct and indirect investments in
real estate ventures.
Report the amount of the holding company’s direct and
indirect investments in real estate ventures.

(4) Any other loans secured by real estate and advanced
for real estate acquisition, development, or investment purposes if the reporting holding company in
substance has virtually the same risks and potential

FR Y-9C
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June 2015

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Schedule HC

rewards as an investor in the borrower’s real estate
venture.
(5) Investments in subsidiaries that have not been consolidated; associated companies; corporate joint ventures, unincorporated joint ventures, and general
partnerships over which the holding company exercises significant influence; and noncontrolling investments in certain limited partnerships and limited
liability companies (described in the Glossary entry
for ‘‘equity method of accounting’’) that are primarily engaged in the holding of real estate for development, resale, or other investment purposes. The
entities in which these investments have been made
are collectively referred to as ‘‘investees.’’ Investments by the holding company in these investees
may be in the form of common or preferred stock,
partnership interests, loans or other advances, bonds,
notes, or debentures. Such investments shall be
reported using the equity method of accounting. For
further information on the equity method, see the
instruction to Schedule HC, item 8, above.
(6) Investments in corporate joint ventures, unincorporated joint ventures, and general partnerships over
which the holding company does not exercise significant influence and investments in limited partnerships and limited liability companies that are so
minor that the holding company has virtually no
influence over the partnership or company, where the
entity in which the investment has been made is
primarily engaged in the holding of real estate for
development, resale, or other investment purposes.
For holding companies that have adopted ASU
2016-01 (see the Note preceding the instructions for
Schedule HC, item 2(c), report such investments at
(i) fair value or (ii) if chosen by the reporting holding
company for an equity investment that does not have
a readily determinable fair value, at cost minus
impairment, if any, plus or minus changes resulting
from observable price changes in orderly transactions
for the identical or a similar investment of the same
issuer.

Line Item 11 Other assets.
Report the total amount of other assets from Schedule HC-F, line item 7. For further information, see the
instructions for Schedule HC-F, line items 1 through 6.
Line Item 12 Total assets.
Report the sum of items 1 through 11. This item must
equal item 29, ‘‘Total liabilities and equity capital.’’

Liabilities
Line Item 13 Deposits.
(For a discussion of noninterest-bearing and interestbearing deposits, see the Glossary entry for ‘‘deposits.’’)
Line Item 13(a) In domestic offices.
Report the total of all deposits that are booked at
domestic offices of depository institutions that are consolidated subsidiaries of the reporting holding company.
This item must equal the sum of Schedule HC-E,
items 1(a) through 1(e) and 2(a) through 2(e).
Line Item 13(a)(1) Noninterest-bearing.
Report the total of all noninterest-bearing deposits in
domestic offices of depository institutions that are consolidated subsidiaries of the reporting holding company
included in Schedule HC-E, Deposit Liabilities.
Noninterest-bearing deposits include noninterest-bearing
demand, time, and savings deposits.
Line Item 13(a)(2) Interest-bearing.
Report the total of all interest-bearing deposits in domestic offices of depository institutions that are consolidated
subsidiaries of the reporting holding company included
in Schedule HC-E, Deposit Liabilities. Include interestbearing demand deposits.
Line Item 13(b) In foreign offices, Edge and
Agreement subsidiaries, and IBFs.

Line Item 10 Intangible assets.

NOTE: This item is to be reported only by holding
companies that have foreign offices or Edge or Agreement subsidiaries or whose consolidated subsidiaries
have foreign offices, Edge or Agreement subsidiaries, or
International Banking Facilities.

Report the total amount of intangible assets from Schedule HC-M, item 12(d).

Report the total of all deposits booked at foreign offices
of depository institutions that are consolidated subsidi-

HC-10

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Schedule HC

aries of the reporting holding company, their Edge and
Agreement subsidiaries, and their IBFs.
Line Item 13(b)(1) Noninterest-bearing.
Report the total of all noninterest-bearing deposits in
foreign offices of depository institutions that are consolidated subsidiaries of the reporting holding company.
Line Item 13(b)(2) Interest-bearing.
Report the total of all interest-bearing deposits in foreign
offices of depository institutions that are consolidated
subsidiaries of the reporting holding company.
Line Item 14 Federal funds purchased and
securities sold under agreements to repurchase.
Line Item 14(a) Federal funds purchased in
domestic offices.
Report the outstanding amount of federal funds purchased, i.e., immediately available funds borrowed (in
domestic offices) under agreements or contracts that have
an original maturity of one business day or roll over under
a continuing contract, excluding such funds borrowed in
the form of securities sold under agreements to repurchase
(which should be reported in Schedule HC, item 14(b))
and Federal Home Loan Bank advances (which should be
reported in Schedule HC, item 16). Transactions that are
to be reported as federal funds purchased may be secured
or unsecured or may involve an agreement to repurchase
loans or other instruments that are not securities.
Immediately available funds are funds that the purchasing institution can either use or dispose of on the same
business day that the transaction giving rise to the receipt
or disposal of the funds is executed. A continuing
contract, regardless of the terminology used, is an agreement that remains in effect for more than one business
day, but has no specified maturity and does not require
advance notice of the lender or the borrower to terminate.

(1) Purchases of so-called ‘‘term federal funds’’ (as
defined in the Glossary entry for ‘‘federal funds
transactions’’) (report in Schedule HC, item 16,
‘‘Other borrowed money’’).
(2) Securities repurchase agreements that have an original maturity of one business day or roll over under a
continuing contract, if the agreement requires the
holding company to repurchase the identical security
sold or a security that meets the definition of substantially the same in the case of a dollar roll (report in
Schedule HC, item 14(b), ‘‘Securities sold under
agreements to repurchase’’).
(3) Borrowings from a Federal Home Loan Bank or a
Federal Reserve Bank (report those in the form of
securities repurchase agreements in Schedule HC,
item 14(b), and all other borrowings in Schedule HC,
item 16).
(4) Borrowing transactions in foreign offices involving
immediately available funds with an original maturity of one business day or under a continuing
contract that are not securities repurchase agreements
(report in Schedule HC, item 16).
For further information, see the Glossary entry for
‘‘federal funds transactions.’’
Line Item 14(b) Securities sold under agreements
to repurchase.
Report the outstanding amount of
(1) Securities repurchase agreements, regardless of
maturity, if the agreement requires the holding company to repurchase the identical security sold or a
security that meets the definition of substantially the
same in the case of a dollar roll.
(2) Sales of participations in pools of securities, regardless of maturity.

Report federal funds purchased on a gross basis, i.e., do
not net them against federal funds sold, except to the
extent permitted under ASC Subtopic 210-20, Balance
Sheet – Offsetting (formerly FASB Interpretation No. 39,
Offsetting of Amounts Related to Certain Contracts).

Report securities sold under agreements to repurchase
on a gross basis, i.e., do not net them against securities
purchased under agreements to resell, except to the
extent permitted under ASC Subtopic 210-20, Balance
Sheet – Offsetting (formerly FASB Interpretation No. 41
Offsetting of Amounts Related to Certain Repurchase and
Reverse Repurchase Agreements).

Also exclude from federal funds purchased

Exclude from this item

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June 2015

HC-11

Schedule HC

(1) Repurchase agreements involving assets other than
securities (report in Schedule HC, item 14(a), ‘‘Federal funds purchased,’’ or item 16, ‘‘Other borrowed
money,’’ as appropriate, depending on the maturity
and office location of the transaction).

Line Item 16 Other borrowed money.
Report the total amount of other borrowed money from
Schedule HC-M, line item 14(d). For further information
on other borrowed money, see the instructions to Schedule HC-M, line items 14(a) through 14(c).

(2) Borrowings from a Federal Home Loan Bank or a
Federal Reserve Bank other than in the form of
securities repurchase agreements (report in Schedule HC, item 16).

Line Item 17 Not applicable.
Line Item 18 Not applicable.
Line Item 19(a) Subordinated notes and
debentures.
Report the amount of subordinated debt of the consolidated holding company. Include the amount of outstanding notes and debentures that are subordinated to the
deposits of the subsidiary depository institutions (see the
Glossary entry for ‘‘subordinated notes and debentures’’)
and any other debt that is designated as subordinated in
its indenture agreement.

(3) Obligations under due bills that resulted when the
holding company sold securities or other assets and
received payment, but has not yet delivered the
assets, and similar obligations, whether collateralized
or uncollateralized (report in Schedule HC, item 16).
See the Glossary entry for ‘‘due bills.’’
(4) So-called yield maintenance dollar repurchase agreements (see the Glossary entry for ‘‘repurchase/resale
agreements’’).
For further information, see the Glossary entry for
‘‘repurchase/resale agreements.’’
Line Item 15 Trading liabilities.
Report the amount of liabilities from the reporting holding company’s trading activities. Trading liabilities shall
be consistently valued at fair value as defined by ASC
Topic 820, Fair Value Measurement (formerly FASB
Statement No. 157, ‘‘Fair Value Measurements’’).
Include liabilities resulting from the sales of assets that
the reporting holding company does not own (see Glossary entry for ‘‘short position’’) and revaluation losses
from ‘‘marking to market’’ derivative contracts into
which the reporting holding company has entered for
trading, dealer, customer accommodation, and similar
purposes.
In addition, for purposes of this report, holding companies may classify liabilities as trading if the holding
company applies fair value accounting, with changes in
fair value reported in current earnings, and manages
these assets as trading positions, subject to the controls
and applicable regulatory guidance related to trading
activities. For holding companies that must complete
Schedule HC-D, “Trading Assets and Liabilities,” the
amount reported in this item must equal Schedule HC-D,
item 15, and Schedule HC-Q, item 5, column A.
HC-12

Include in this line item the total amount of outstanding
equity contract notes and equity commitment notes that
qualify as capital, as defined by the Federal Reserve
Board’s capital adequacy guidelines, 12 C.F.R., Part 225,
Appendix B.
Also include perpetual debt securities that are subordinated.
For purposes of this item, report the amount of any
outstanding limited-life preferred stock including any
amounts received in excess of its par or stated value. (See
the Glossary entry for ‘‘preferred stock’’ for the definition of limited-life preferred stock.)
For purposes of this report, do not include instruments
generally referred to as trust preferred securities in this
item. Such securities of consolidated special purpose
entities should be reported in line item 19(b), ‘‘Subordinated notes payable to unconsolidated trusts issuing trust
preferred securities, and trust preferred securities issued
by consolidated special purpose entities.’’
Also do not include reportable notes payable to unconsolidated special purpose entities that issue trust preferred securities. Report such notes payable in line item
19(b).
Line Item 19(b) Subordinated notes payable to
unconsolidated trusts issuing trust preferred
securities, and trust preferred securities issued by
consolidated special purpose entities.
Report the amount of subordinated notes payable to
unconsolidated special purpose entities (trusts) that issue
Schedule HC

FR Y-9C
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Schedule HC

trust preferred securities. If the holding company consolidates special purpose entities that issue trust preferred
securities, report the amount of the trust preferred securities issued by the special purpose entity. For further
information, see the glossary entry for ‘‘Trust preferred
securities issued.’’
Line Item 20 Other liabilities.
Report the total amount of other liabilities from Schedule HC-G, line item 5. For further information see the
instructions for Schedule HC-G, line items 2 through 4.
Line Item 21 Total liabilities.
Report the sum of items 13 through 20.
Line Item 22 Not applicable.

Equity Capital
Line Item 23 Perpetual preferred stock and
related surplus.
Report the amount of perpetual preferred stock issued,
including any amounts received in excess of its par
or stated value. (See the Glossary entry for ‘‘preferred
stock’’ for the definition of perpetual preferred stock.)
Line Item 24 Common stock (par value).
Report the aggregate par or stated value of common stock
issued.
Line Item 25 Surplus (exclude all surplus related
to preferred stock).
Report the net amount formally transferred to the surplus
account, including capital contributions, and any amount
received for common stock in excess of its par or stated
value on or before the report date.
Do not include any portion of the proceeds received from
the sale of limited-life preferred stock in excess of its par
or stated value (report in Schedule HC, item 19(a)) or any
portion of the proceeds received from the sale of perpetual preferred stock in excess of its par or stated value
(report in Schedule HC, item 23).
Line Item 26(a) Retained earnings.
Report the amount of retained earnings (including capital reserves) as of the report date. The amount of the
retained earnings should reflect the transfer of net
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Schedule HC

June 2015

income, declaration of dividends, transfers to surplus,
and any other appropriate entries.
Adjustments of accruals and other accounting estimates
made shortly after the report date that relate to the
income and expenses of the year-to-date period ended as
of the report date must be reported in the appropriate
items of Schedule HI, Income Statement, for that year-todate period.
Capital reserves are segregations of retained earnings and
are not to be reported as liability accounts or as reductions of asset balances. Capital reserves may be established for such purposes as follows:
(1) Reserve for undeclared stock dividends—includes
amounts set aside to provide for stock dividends (not
cash dividends) not yet declared.
(2) Reserve for undeclared cash dividends—includes
amounts set aside for cash dividends on common and
preferred stock not yet declared. (Cash dividends
declared but not yet payable should be included in
item 20, ‘‘Other liabilities,’’ of this schedule.)
(3) Retirement account (for limited-life preferred stock
or notes and debentures subordinated to deposits)—
includes amounts allocated under the plan for retirement of limited-life preferred stock or notes and
debentures subordinated to deposits contained in the
holding company’s articles of association or in the
agreement under which such stock or notes and
debentures were issued.
(4) Reserve for contingencies includes amounts set aside
for possible unforeseen or indeterminate liabilities
not otherwise reflected on the holding company’s
books and not covered by insurance. This reserve
may include, for example, reserves set up to provide
for possible losses that holding company may sustain
because of lawsuits, the deductible amount under the
holding company’s blanket bond, defaults on obligations for which the holding company is contingently
liable, or other claims against the holding company.
A reserve for contingencies represents a segregation
of retained earnings. It should not include any element of known losses or of any probable losses the
amount of which can be estimated with reasonable
accuracy (see the Glossary entry for ‘‘loss contingencies’’ for additional information).
Exclude the following from retained earnings:
HC-13

Schedule HC

(1) The amount of the cumulative foreign currency translation adjustment (report in item 26(b)).
(2) Any portion of the proceeds received from the sale of
perpetual preferred stock and common stock in
excess of its par or stated value (report surplus
related to perpetual preferred stock in item 23 and
surplus related to common stock in item 25 except
where required by state law or regulation).
(3) Any portion of the proceeds received from the sale of
limited-life preferred stock in excess of its par or
stated value (report in Schedule HC, item 19(a)).
(4) ‘‘Reserves’’ that reduce the related asset balances
such as valuation allowances (e.g., allowance for
loan and lease losses), reserves for depreciation, and
reserves for bond premiums.
Line Item 26(b) Accumulated other comprehensive
income.
Report the accumulated balance of other comprehensive
income as of the report date in accordance with ASC
Subtopic 220-10, Comprehensive Income - Overall (formerly FASB Statement No. 130, ‘‘Reporting Comprehensive Income’’) net of applicable income taxes, if any.
‘‘Other comprehensive income’’ refers to revenues,
expenses, gains, and losses that under generally accepted
accounting principles are included in comprehensive
income but excluded from net income.
Items of accumulated other comprehensive income
include:
(1) Net unrealized holding gains (losses) on availablefor-sale securities (including debt securities transferred into the available-for-sale category from the
held-to-maturity category), i.e., the difference between
the amortized cost and the fair value of the reporting
Bank Holding Company’s available-for-sale securities (excluding any available-for-sale securities previously written down as other-than-temporarily
impaired).1 For most institutions, all ‘‘securities,’’ as
that term is defined in ASC Topic 320, Investments1. For example, if the fair value of the reporting institution’s availablefor-sale securities exceeds the amortized cost of its available-for-sale
securities by $100,000 (and the institution has had no other transactions
affecting the ’’net unrealized holding gains (losses)‘‘ account), the amount
to be included in Schedule HC, item 26.b, must be reduced by the
estimated amount of taxes using the institution’s applicable tax rate (federal, state and local). (See the Glossary entry for ’’income taxes‘‘ for a

HC-14

Debt Securities (formerly FASB Statement No. 115,
‘‘Accounting for Certain Investments in Debt and
Equity Securities’’), that are designated as ‘‘availablefor-sale’’ will be reported as ‘‘Available-for-sale securities’’ in Schedule HC, item 2.b, and in Schedule
HC, columns C and D. However, an institution may
have certain assets that fall within the definition of
‘‘securities’’ in ASC Topic 320 (e.g., nonrated industrial development obligations) that it has designated
as ‘‘available-for-sale’’ and reports in a balance sheet
category other than ‘‘Securities’’ (e.g., ‘‘Loans and
lease financing receivables’’) for purposes of the
Report of Condition. These ‘‘available-for-sale’’
assets must be carried on the Holding company’s
balance sheet at fair value rather than amortized cost
and the difference between these two amounts, net of
tax effects, also must be included in this item.
(2) The unamortized balance of the unrealized holding
gain (loss) that existed at the date of transfer of a debt
security transferred into the held-to-maturity category from the available-for-sale category. Consistent
with ASC Topic 320, when a debt security is transferred from the available-for-sale category into the
held-to-maturity category, the (unrealized holding
gain (loss) at the date of transfer continues to be
reported in the accumulated other comprehensive
income account, but must be amortized over the
remaining life of the security as an adjustment of
yield in a manner consistent with the amortization of
any premium or discount.
(3) The unaccreted portion of other-than-temporary
impairment losses on available-for-sale and held-tomaturity debt securities that was not recognized in
earnings in accordance with ASC Topic 320, plus the
accumulated amount of subsequent decreases (if not
other than-temporary impairment losses) or increases
in the fair value of available-for-sale debt securities
previously written down as other-than-temporarily
impaired.
discussion of ‘‘applicable tax rate.’’) If the institution’s applicable tax rate
(federal, state and local) is 40 and the tax basis of its available-for-sale
securities approximates their amortized cost, the institution would include
‘‘net unrealized holding gains’’ of $60,000 in Schedule HC, item 26.b.
The institution would also have a deferred tax liability of $40,000 that
would enter into the determination of the amount of net deferred tax assets
or liabilities to be reported in Schedule HC, item 2, or Schedule HC,
item 2.

Schedule HC

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June 2018

Schedule HC

(4) Accumulated net gains (losses) on derivative instruments that are designated and qualify as cash flow
hedges,2 i.e., the effective portion3 of the accumulated change in fair value (gain or loss) on derivative
instruments designated and qualifying as cash flow
hedges in accordance with ASC Topic 815, Derivatives and Hedging (formerly FASB Statement No.
133, ‘‘Accounting for Derivative Instruments and
Hedging Activities,’’ as amended).
Under ASC Topic 815, an institution that elects to apply
hedge accounting must exclude from net income the
effective portion of the change in fair value of a derivative designated and qualifying as a cash flow hedge and
record it on the balance sheet in the accumulated other
comprehensive income component of equity capital. The
ineffective portion of the change in fair value of the
derivative designated and qualifying as a cash flow hedge
must be reported in earnings. The component of accumulated other comprehensive income associated with a
transaction hedged in a cash flow hedge should be
adjusted each reporting period to a balance that reflects
the lesser (in absolute amounts) of:
(a) The cumulative gain (loss) on the derivative from
inception of the hedge, less (i) amounts excluded
consistent with the institution’s defined risk management strategy and (ii) the derivative’s gains
(losses) previously reclassified from accumulated
other comprehensive income into earnings to
offset the hedged transaction, or
(b) The portion of the cumulative gain (loss) on the
derivative necessary to offset the cumulative
change in expected future cash flows on the
2. Generally, the objective of a cash flow hedge is to link a derivative to
an existing recognized asset or liability or a forecasted transaction with
exposure to variability in expected future cash flows, e.g., the future
interest payments (receipts) on a variable-rate liability (asset) or a forecasted purchase (sale). The changes in cash flows of the derivative are
expected to offset changes in cash flows of the hedged item or transaction.
To achieve the matching of cash flows, ASC Topic 815 requires that the
effective portion of changes in the fair value of derivatives designated and
qualifying as cash flow hedges initially be reported in the accumulated
other comprehensive income component of equity capital and subsequently be reclassified into earnings in the same future period or periods
that the hedged transaction affects earnings .
3. The effective portion of a cash flow hedge can be described as the
change in fair value of the derivative that offsets the change in expected
future cash flows being hedged. Refer to ASC Topic 815, for further
information.
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Schedule HC

June 2015

hedged transaction from inception of the hedge
less the derivative’s gains (losses) previously
reclassified from accumulated other comprehensive income into earnings.
Accordingly, the amount reported in this item should
reflect the sum of the adjusted balance (as described
above) of the cumulative gain (loss) for each derivative
designated and qualifying as a cash flow hedge. These
amounts will be reclassified into earnings in the same
period or periods during which the hedged transaction
affects earnings (for example, when a hedged variablerate interest receipt on a loan is accrued or when a
forecasted sale occurs).
(5) Foreign currency translation adjustments and gains
(losses) on certain foreign currency transactions
accumulated in accordance with ASC Topic 830,
Foreign Currency Matters (formerly FASB Statement No. 52, ‘‘Foreign Currency Translation’’). See
the Glossary entry for ‘‘foreign currency transactions
and translation’’ for further information.
(6) The accumulated amounts of gains (losses), transition assets or obligations, and prior service costs or
credits associated with single-employer defined benefit pension and other postretirement plans that have
not yet been recognized as components of net periodic benefit cost in accordance with ASC Subtopic
715-20, Compensation-Retirement Benefits - Defined
Benefit Plans-General (formerly FASB Statement
No. 87, ‘‘Employers’ Accounting for Pensions’’;
FASB Statement No. 106, ‘‘Employers’ Accounting
for Postretirement Benefits Other Than Pensions’’;
and FASB Statement No. 158, ‘‘Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans’’).
Line Item 26(c) Other equity capital components.
Report in this item as a negative amount the carrying
value of any treasury stock and any unearned Employee
Stock Ownership Plan (ESOP) shares, which under generally accepted accounting principles are reported in a
contra-equity account on the balance sheet. For further
information, see the Glossary entry for ‘‘treasury stock,’’
ASC Subtopic 718-40, Compensation-Stock Compensation – Employee Stock Ownership Plans (formerly
AICPA Statement of Position 93-6, Employers’ Accounting for Employee Stock Ownership Plans).
HC-15

Schedule HC

Report in this item as a negative amount notes receivable
that represent a capital contribution and are reported as a
deduction from equity capital in accordance with ASC
Subtopic 505-10, Equity - Overall (formerly EITF Issue
No. 85-1, ‘‘Classifying Notes Received for Capital
Stock’’) and SEC Staff Accounting Bulletin No. 107
(Topic 4.E., Receivables from Sale of Stock, in the
Codification of Staff Accounting Bulletins). Also report
in this item as a negative amount accrued interest receivable on such notes receivable that are reported as a
deduction from equity capital in accordance with ASC
Subtopic 505-10. Interest income accrued on such notes
receivable should not be reported as interest income in
Schedule HI, but as additional paid-in-capital in Schedule HC, item 23 or 25, as appropriate. For further
information, see the Glossary entry for ‘‘capital contributions of cash and notes receivable’’ and ASC Subtopic
505-10.
Line Item 27(a) Total holding company equity
capital.
Report the sum of items 23 through 26(c). This item must
equal HI-A, item 15, ‘‘Total holding company equity
capital end of current period.’’
Line Item 27(b) Noncontrolling (minority)
interests in consolidated subsidiaries.
Report the portion of the equity capital accounts of all
consolidated subsidiaries of the reporting holding company held by parties other than the parent holding
company. A noncontrolling interest, sometimes called a
minority interest, is the portion of equity in a subsidiary
not attributable, directly or indirectly, to the parent
holding company.
Line Item 28 Total equity capital.
Report the sum of items 27(a) and 27(b).

HC-16

Line Item 29 Total liabilities and equity capital.
Report the sum of items 21 and 28. This item must equal
Schedule HC, item 12, ‘‘Total assets.’’

Memoranda
Line Item M1 Has the holding company engaged
in a full-scope independent external audit at any
time during the calendar year?
Enter a ‘‘1’’ for yes if the holding company has engaged
in a full-scope independent external audit (in which an
opinion is rendered on their financial statements) at any
time during the calendar year as of the December 31
report date. Also enter a ‘‘1’’ for yes if the holding
company has engaged or begun a full-scope independent
external audit by December 31 that has not yet concluded. Enter a ‘‘0’’ if the response to this question is no.
If the response to this question is yes, the holding
company must complete all of Memoranda item 2 below.
If the response to this question is no, skip Memoranda
item 2.
Line Item M2 If the response to Memoranda item
1 is yes, indicate below the name and address of the
holding company’s independent external auditing
firm, and the name and e-mail address of the
auditing firm’s engagement partner.
Report in memoranda item 2(a) the name and address
(city, U.S. Postal Service abbreviation for state, zip code)
of the holding company’s independent external auditing
firm. An independent auditing firm is a company that
provides full-scope auditing services to the holding company in which an opinion is rendered on their financial
statements. Holding companies that do not have a fullscope audit conducted of their financial statements do not
need to complete this item.
Report in memoranda item 2(b) the name and e-mail
address of the independent external auditing firm’s
engagement partner (partner in charge of the audit). This
contact information is for the confidential use of the
Federal Reserve and will not be released to the public.

Schedule HC

FR Y-9C
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LINE ITEM INSTRUCTIONS FOR

Securities
Schedule HC-B

General Instructions
This schedule has four columns for information on
securities: two columns for held-to-maturity securities
and two columns for available-for-sale securities.1 Report
the amortized cost and fair value of held-to-maturity
securities in columns A and B, respectively. Report the
amortized cost and fair value of available-for-sale debt
securities in columns C and D, respectively. For institutions that have not adopted FASB Accounting Standards
Update No. 2016-01 (ASU 2016-01), which includes
provisions governing the accounting for investments in
equity securities, including investment in mutual funds,
information on equity securities with readily determinable fair values is reported in the columns for availablefor-sale securities only (columns C and D). For these
equity securities, historical cost (not amortized cost) is
reported in column C and fair value is reported in
column D. Institutions that have adopted ASU 2016-01
should report their holdings of equity securities with
readily determinable fair values not held for trading in
Schedule HC, item 2.c, not in Schedule HC-B. For
further information on ASU 2016-01, see the Note
preceding the instructions for Schedule HC-B, item 7.
Exclude from this schedule all securities held for trading
and debt securities the holding company has elected to
report at fair value under a fair value option even if
holding company management did not acquire the securities principally for the purpose of selling them in the
near term. Securities held for trading and debt securities
1. Available-for-sale debt securities are generally reported in Schedule
HC-B, columns C and D. However, a holding company may have certain
assets that fall within the definition of ‘‘securities” in ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB Statement No.
115, Accounting for Certain Investments in Debt and Equity Securities),
(e.g., certain industrial development obligations) that the holding company
has designated as “available-for-sale” which are reported for purposes of
the FR Y-9C report in a balance sheet category other than “Securities”
(e.g., “Loans and lease financing receivables”).
FR Y-9C
Schedule HC-B

December 2018

reported under a fair value option are to be reported in
Schedule HC, item 5, “Trading assets,” and, for certain
holding companies, in Schedule HC-D - Trading Assets
and Liabilities. Trading assets and debt securities reported
under a fair value option are also reported in Schedule
HC-Q - Financial Assets and Liabilities Measured at Fair
Value.
In general, amortized cost is the purchase price of a debt
security adjusted for amortization of premium or accretion of discount if the debt security was purchased at
other than par or face value. (See the Glossary entry for
“premiums and discounts.”) As defined in ASC Topic
820, Fair Value Measurements and Disclosures (formerly
FASB Statement No. 157 Fair Value Measurements), fair
value is “the price that would be received to sell an asset
or paid to transfer a liability in an orderly transaction
between market participants at the measurement date.”
For further information, see the Glossary entry for “fair
value.”
The preferred method for reporting purchases and sales
of securities is as of trade date. However, settlement date
accounting is acceptable if the reported amounts would
not be materially different. (See the Glossary entry for
“trade date and settlement date accounting.”)
For purposes of this schedule, the following events and
transactions shall be treated in the following manner:
(1) Purchases of securities under agreements to resell
and sales of securities under agreements to
repurchase—These transactions are not to be treated
as purchases or sales of securities but as lending
or borrowing (i.e., financing) transactions collateralized by these securities if the agreements meet the
criteria for a borrowing as set forth in ASC Topic
860, Transfers and Servicings (formerly FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of
Liabilities). For further information, see the Glossary
HC-B-1

Schedule HC-B

entry for “transfers of financial assets” and
“repurchase/resale agreements.”
(2) Purchases and sales of participations in pools of
securities—Similarly, these transactions are not to be
treated as purchases or sales of the securities in the
pool but as lending or borrowing (i.e., financing)
transactions collateralized by the pooled securities if
the participation agreements meet the criteria for a
borrowing set forth in ASC Topic 860. For further
information, see the Glossary entry for ‘‘transfers of
financial assets” and “repurchase/resale agreements.”
(3) Pledged securities—Pledge securities that have not
been transferred to the secured party should continue
to be included in the pledging holding company’s
holdings of securities that are reported in Schedule
HC-B. If the reporting holding company has transferred pledged securities to the secured party, the
reporting holding company should account for the
pledged securities in accordance with ASC Topic
860.
(4) Securities borrowed and lent—Securities borrowed
and lent shall be reported on the balance sheet
of either the borrowing or lending holding company
or its consolidated subsidiaries in accordance with
ASC Topic 860. For further information, see the
Glossary entries for “transfers of financial assets”
and “securities borrowing/lending transactions.
(5) Short sales of securities—Such transactions are to be
reported as described in the Glossary entry for ‘‘short
position.’’
(6) Futures, forward, and standby contracts—Such open
contracts to buy or sell in the future are to be reported
as derivatives in Schedule HC-L, item 11).
Line Item 1 U.S. Treasury securities.
Report in the appropriate columns the amortized cost and
fair value of all U.S. Treasury securities not held in
trading accounts. Include all bills, certificates of indebtedness, notes, and bonds, including those issued under
the Separate Trading of Registered Interest and Principal of Securities (STRIPS) program and those that are
‘‘inflation indexed.’’
Exclude all obligations of U.S. government agencies and
corporations. Also exclude detached Treasury security
coupons and ex-coupon Treasury securities held as the
result of either their purchase or the bank’s stripping of
HC-B-2

such securities and Treasury receipts such as CATs,
TIGRs, COUGARs, LIONs, and ETRs (report in item 6).
(Refer to the Glossary entry for “coupon stripping” for
additional information.)
Line Item 2 U.S. government agency and
sponsored agency obligations.
Report in the appropriate columns the amortized cost and
fair value of all obligations of U.S. Government agencies
and U.S. Government-sponsored agencies (excluding
mortgage-backed securities) not held for trading.
Distinction between U.S. Government Agencies and U.S.
Government-sponsored Agencies — For purposes of
these reports, a U.S. Government agency is defined as an
instrumentality of the U.S. Government whose debt
obligations are fully and explicitly guaranteed as to the
timely payment of principal and interest by the full faith
and credit of the U.S. Government. In contrast, a U.S.
Government-sponsored agency is defined as an agency
originally established or chartered by the U.S. Government to serve public purposes specified by the U.S.
Congress but whose debt obligations are not explicitly
guaranteed by the full faith and credit of the U.S.
Government.
Include, among others, debt securities (but not mortgagebacked securities) of the following U.S. government
agencies:
(1) Export–Import Bank (Ex-Im Bank)
(2) Federal Housing Administration (FHA)
(3) Government National Mortgage Association
(GNMA)
(4) Maritime Administration
(5) Small Business Administration (SBA)
Include such obligations as:
(1) Small Business Administration (SBA) ‘‘Guaranteed
Loan Pool Certificates,’’ which represent an undivided interest in a pool of SBA-guaranteed portion of
loans for which the SBA has further guaranteed the
timely payment of scheduled principal and interest
payments. (Exclude SBA ‘‘Guaranteed Interest Certificates,’’ which represent a beneficial interest in the
entire SBA-guaranteed portion of an individual loan.
SBA ‘‘Guaranteed Interest Certificates’’ should be
Schedule HC-B

FR Y-9C
June 2018

Schedule HC-B

reported as loans in Schedule HC-C, or, if held for
trading, in Schedule HC, item 5.)
(2) Participation certificates issued by the Export–Import
Bank and the General Services Administration.
(3) Notes issued by the Farmers Home Administration
(FmHA) and instruments (certificates of beneficial
ownership and insured note insurance contracts) representing an interest in FmHA-insured notes.
Include, among others, debt securities (but not mortgagebacked securities) of the following U.S. governmentsponsored agencies:
(1) Federal Agricultural Mortgage Corporation
(Farmer Mac)
(2) Federal Farm Credit Banks
(3) Federal Home Loan Banks (FHLBs)
(4) Federal Home Loan Mortgage Corporation
(FHLMC or Freddie Mac)
(5) Federal Land Banks (FLBs)
(6) Federal National Mortgage Association (FNMA or
Fannie Mae)
(7) Financing Corporation (FICO)
(8) Resolution Funding Corporation (REFCORP)
(9) Student Loan Marketing Association (SLMA or
Sallie Mae)
(10) Tennessee Valley Authority (TVA)
(11) U.S. Postal Service
Exclude from U.S. Government agency and sponsored
agency obligations:
(1) Loans to the Export-Import Bank and to federallysponsored lending agencies (report in “Other loans,”
Schedule HC-C, item 9). Refer to the Glossary
entry for “federally-sponsored lending agency” for
the definition of this term.
(2) All holdings of U.S. Government-issued or
-guaranteed mortgage pass-through securities
(report in Schedule RC-B, item 4.a.(1), 4.a.(2), or
4.c.(1)(a), below, as appropriate).
(3) Collateralized mortgage obligations (CMOs), real
estate mortgage investments conduits (REMICs),
CMO and REMIC residuals, and stripped mortgageFR Y-9C
Schedule HC-B

June 2018

backed securities (such as interest-only strips (IOs),
principal-only strips (POs), and similar instruments) issued by U.S. Government agencies and
corporations (report in Schedule RC-B, item 4.b.(1)
or 4.c.(2)(a), below, as appropriate).
(4) Participations in pools of Federal Housing Administration (FHA) Title I loans, which generally consist of junior lien home improvement loans (report
as loans in Schedule HC-C, generally in item
1.c.(2)(b), Loans “secured by junior liens” on 1-to-4
family residential properties).
(5) Debt securities issued by SLM Corporation, the
private-sector corporation that is the successor to
the Student Loan Marketing Association (report in
Schedule HC-B, item 6(a), “Other domestic debt
securities,” below), and securitized student loans
issued by SLM Corporation (or its affiliates) (report
in Schedule HC-B, item 5(a), “Asset-backed securities,” below).
Line Item 3 Securities issued by states and
political subdivisions in the U.S.
Report amortized cost and fair value of all securities
issued by states and political subdivisions in the United
States not held in trading accounts.
States and political subdivisions in the U.S., for purposes
of this report, include:
(1) the fifty states of the United States and the District of
Columbia and their counties, municipalities, school
districts, irrigation districts, and drainage and sewer
districts; and
(2) the governments of Puerto Rico and of the U.S.
territories and possessions and their political
subdivisions.
Securities issued by states and political subdivisions
include:
(1) General obligations, which are securities whose principal and interest will be paid from the general tax
receipts of the state or political subdivision.
(2) Revenue obligations, are securities whose debt service is paid solely from the revenues of the projects
financed by the securities rather than from general
tax funds.
(3) Industrial development and similar obligations.
HC-B-3

Schedule HC-B

Treatment of industrial development bonds (IDBs).
IDBs, sometimes referred to as “industrial revenue
bonds,” are typically issued by local industrial development authorities to benefit private commercial and industrial development. For purposes of this report, all IDBs
should reported as securities in this item or as loans in
Schedule HC-C, (item 9) consistent with the asset category in which the holding company reports its IDBs on
its balance sheet for other financial reporting purposes.
Regardless of whether they are reported as securities in
Schedule HC-B or as loans in Schedule HC-C, all IDBs
that meet the definition of a “security” in ASC Topic 320,
Investment-Debt Securities (formerly FASB Statement
No. 115, Accounting for Certain Investments in Debt and
Equity Securities) must be measured in accordance with
ASC Topic 320.

(4) All other nonrated obligations of states and political
subdivisions in the U.S. that the holding company
considers loans for other financial reporting purposes
(report as loans in Schedule HC, item 4(b), and
Schedule HC-C, item 9).

Treatment of other obligations of state and political
subdivisions in the U.S. In addition to those IDBs that are
reported as securities in accordance with the preceding
paragraph, also include in this item as securities issued by
states and political subdivisions in the U.S., all obligations other than IDBs that meet any of the following
criteria:

(7) All obligations of states and political subdivisions in
the U.S. held by the reporting holding company or its
consolidated subsidiaries in trading accounts (report
in Schedule HC, item 5).

(1) Nonrated obligations of states and political subdivisions in the U.S., other than those specifically excluded
below, that the holding company considers securities
for other financial reporting purposes.
(2) Notes, bonds, and debentures (including tax warrants
and tax-anticipation notes) that are rated by a
nationally-recognized rating service.
(3) Obligations of state and local governments that
are guaranteed by the U.S. government (excluding
mortgage-backed securities).
Exclude from item 3:
(1) All overdrafts of states and political subdivisions in
the U.S. (report as loans in Schedule HC, item 4(b),
and Schedule HC-C, item 9).
(2) All lease financing receivables of states and political
subdivisions in the U.S. (report as leases in Schedule HC, item 4(b), and Schedule HC-C, item 10).
(3) All IDBs that are to be reported as loans in accordance with the reporting treatment described above
(report as loans in Schedule HC, item 4(b), and
Schedule HC-C; item 9).
HC-B-4

(5) All mortgage pass-through securities issued by state
and local housing authorities in the U.S. (report in
Schedule HC-B, item 4(a) below).
(6) Collateralized mortgage obligations (CMOs), real
estate mortgage investments conduits (REMICs),
CMO and REMIC residuals, and stripped mortgagebacked securities (such as interest-only strips (IOs),
principal-only strips (POs), and similar instruments)
issued by state and local housing authorities in the
U.S. (report in Schedule HC-B, item 4(b) below).

Line Item 4

Mortgage-backed securities (MBS).

Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all residential and commercial mortgage-backed securities, including mortgage pass-through securities, collateralized mortgage obligations (CMOs), real estate mortgage investment
conduits (REMICs), CMO and REMIC residuals, stripped
mortgage-backed securities (such as interest-only strips
(IOs), principal-only strips (POs), and similar instruments), and mortgage-backed commercial paper not held
for trading. Include mortgage backed securities issued by
non-U.S. issuers.
Exclude from mortgage-backed securities:
(1) Securities backed by loans extended under home
equity lines, i.e., revolving open-end lines of credit
secured by 1-4 family residential properties (report as
asset-backed securities in Schedule HC-B, item 5,
and, if applicable, in Schedule HC-B, Memorandum
item 5(b), ‘‘Home equity lines’’).
(2) Bonds issued by the Federal National Mortgage
Association (FNMA) and the Federal Home Loan
Mortgage Corporation (FHLMC) that are collateralized by mortgages, i.e., mortgage-backed bonds,
(report in Schedule HC-B, item 2. “U.S. Government
agency and sponsored agency obligations”) and
Schedule HC-B

FR Y-9C
June 2018

Schedule HC-B

mortgage-backed bonds issued by non-U.S. Government issuers (report in Schedule HC-B, item 6,
“Other debt securities,” below).
(3) Participation certificates issued by the Export-Import
Bank and the General Services Administration (report
in Schedule HC-B, item 2, “U.S. Government agency
and sponsored agency obligations”).
(4) Participation certificates issued by a Federal Intermediate Credit Bank (report in Schedule HC-F, item 4,
“Equity investments without readily determinable
fair values”).
Line Item 4(a) Residential mortgage pass-through
securities.
Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all holdings
of residential mortgage pass-through securities that are
not held for trading. In general, a residential mortgage
pass-through security represents an undivided interest in
a pool of loans secured by 1-4 family residential properties that provides the holder with a pro rata share of all
principal and interest payments on the residential mortgages in the pool, and includes certificates of participation in pools of residential mortgages.
Include certificates of participation in pools of 1-4 family
residential mortgages even though the reporting holding
company was the original holder of the mortgages underlying the pool and holds the instruments covering that
pool, as may be the case with GNMA certificates issued
by the holding company and swaps with FNMA and
FHLMC. Also include U.S. Government-issued participation certificates (PCs) that represent a pro rata share of all
principal and interest payments on a pool of resecuritized
participation certificates that, in turn, are backed by 1-4
family residential mortgages, e.g., FHLMC Giant PCs.
Exclude all holdings of commercial mortgage passthrough securities, including pass-through securities
backed by loans secured by multifamily (5 or more)
residential properties (report in Schedule HC-B, item
4(c)(1), below). Also exclude all collateralized mortgage
obligations (CMOs), real estate mortgage investment
conduits (REMICs), CMO and REMIC residuals, stripped
mortgage-backed securities (such as interest-only strips
(IOs), principal-only strips (POs), and similar instruments), and mortgage-backed commercial paper (report
in Schedule HC-B, item 4(b) or 4(c)(2), below, as
appropriate).
FR Y-9C
Schedule HC-B

March 2018

Line Item 4(a)(1) Guaranteed by GNMA.
Report in the appropriate columns the amortized cost and
fair value of all holdings of 1-4 family residential mortgage pass-through securities guaranteed by the Government National Mortgage Association (GNMA) that are
not held for trading. Exclude 1-4 family residential
mortgage pass-through securities issued by FNMA and
FHLMC (report in Schedule HC-B, item 4(a)(2), below).
Line Item 4(a)(2) Issued by FNMA and FHLMC.
Report in the appropriate columns the amortized cost and
fair value of all holdings of 1-4 family residential mortgage pass-through securities issued by the Federal
National Mortgage Association (FNMA) and the Federal
Home Loan Mortgage Corporation (FHLMC) that are not
held for trading. Exclude 1-4 family residential mortgage
pass-through securities that are guaranteed by the Government National Mortgage Association (GNMA) (report
in Schedule HC-B, item 4(a)(1), above).
Line Item 4(a)(3)

Other pass-through securities.

Report in the appropriate columns the amortized cost and
fair value of all holdings of 1-4 family residential mortgage pass-through securities issued by others (e.g., other
depository institutions, insurance companies, state and
local housing authorities in the U.S.) that are not guaranteed by the U.S. Government and are not held for trading.
If the holding company has issued pass-through securities backed by a pool of its own 1-4 family residential
mortgages and the certificates are not guaranteed by the
U.S. Government, any holdings of these pass-through
securities (not held for trading) are to be reported in this
item.
Line Item 4(b) Other residential mortgage-backed
securities.
Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all 1-4
family residential mortgage-backed securities (MBS)
other than pass-through securities that are not held for
trading.
Other residential mortgage-backed securities include:
(1) All classes of collateralized mortgage obligations
(CMOs) and real estate mortgage investments conduits (REMICs) backed by loans secured by 1-4
family residential properties.
HC-B-5

Schedule HC-B

(2) CMO and REMIC residuals and similar interests
backed by loans secured by 1-4 family residential
properties.
(3) Stripped 1-4 family residential mortgage-backed
securities (such as interest-only strips (IOs), principalonly strips (POs), and similar instruments).
(4) Commercial paper backed by loans secured by 1-4
family residential properties.
(5) All classes of mortgage-backed securities backed by
loans secured by 1-4 family residential properties
that are not owner-occupied and for which repayment
will be derived from the rental income associated
with the properties or from sales of the properties
(such as single family rental mortgage-backed securities (SFR MBS)).
Line Item 4(b)(1) Issued or guaranteed by U.S.
Government agencies or sponsored agencies.
Report in the appropriate columns the amortized cost and
fair value of all classes of CMOs and REMICs, CMO and
REMIC residuals, and stripped mortgage-backed securities issued or guaranteed by U.S. Government agencies or
U.S. Government-sponsored agencies that are backed by
loans secured by 1-4 family residential properties. For
purposes of this report, include REMICs issued by the
U.S. Department of Veterans Affairs (VA) that are backed
by 1-4 family residential mortgages in this item.
U.S. Government agencies include, but are not limited to,
such agencies as the Government National Mortgage
Association (GNMA), the Federal Deposit Insurance
Corporation (FDIC) and the National Credit Union
Administration (NCUA). U.S. Government-sponsored
agencies include, but are not limited to, such agencies as
the Federal Home Loan Mortgage Corporation (FHLMC)
and the Federal National Mortgage Association (FNMA).
Line Item 4(b)(2) Collateralized by MBS issued or
guaranteed by U.S. Government agencies or
sponsored agencies.
Report in the appropriate columns the amortized cost and
fair value of all classes of CMOs, REMICs, CMO and
REMIC residuals, and stripped mortgage-backed securities issued by non-U.S. Government issuers (e.g., other
depository institutions, insurance companies, state and
local housing authorities in the U.S.) for which the
collateral consists of GNMA (Ginnie Mae) residential
HC-B-6

pass-through securities, FNMA (Fannie Mae) residential
pass-through securities, FHLMC (Freddie Mac) residential participation certificates, or other residential
mortgage-backed securities (i.e., classes of CMOs or
REMICs, CMO or REMIC residuals, and stripped
mortgage-backed securities) issued or guaranteed by U.S.
Government agencies or U.S. Government-sponsored
agencies.
Line Item 4(b)(3) All other residential MBS.
Report in the appropriate columns the amortized cost and
fair value of all CMOs, REMICs, CMO and REMIC
residuals, stripped mortgage-backed securities, and commercial paper backed by loans secured by 1-4 family
residential properties (or by securities collateralized by
such loans), including single family rental (SFR) MBS,
that have been issued by non-U.S. Government issuers
(e.g., other depository institutions, insurance companies,
state and local housing authorities in the U.S.), for which
the collateral does not consist of GNMA (Ginnie Mae)
residential pass-through securities, FNMA (Fannie Mae)
residential pass-through securities, FHLMC (Freddie
Mac) residential participation certificates, or other residential mortgage-backed securities (i.e., classes of CMOs
or REMICs, CMO or REMIC residuals, and stripped
mortgage-backed securities) issued or guaranteed by
FNMA, FHLMC, GNMA, or VA.
Line Item 4(c) Commercial MBS.
Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all holdings
of commercial mortgage-backed securities issued by U.S.
Government-sponsored agencies or by others that are not
held for trading. In general, a commercial mortgagebacked security represents an interest in a pool of loans
secured by properties other than 1-4 family residential
properties.
Line Item 4(c)(1) Commercial mortgage
pass-through securities.
Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all holdings
of commercial mortgage pass-through securities. In general, a commercial mortgage pass-through security represents an undivided interest in a pool of loans secured by
properties other than 1-4 family residential properties
Schedule HC-B

FR Y-9C
March 2018

Schedule HC-B

that provides the holder with a pro rata share of all
principal and interest payments on the mortgages in the
pool.
Line Item 4(c)(1)(a) Issued or guaranteed by
FNMA, FHLMC, or GNMA.
Report in the appropriate columns the amortized cost and
fair value of all holdings of commercial mortgage passthrough securities issued by the Federal National Mortgage Association (FNMA) or the Federal Home Loan
Mortgage Corporation (FHLMC) or guaranteed by the
Government National Mortgage Association (GNMA).
Also include commercial mortgage pass-through securities guaranteed by the Small Business Administration.

the Federal Home Loan Mortgage Corporation (FHLMC)
and the Federal National Mortgage Association (FNMA).
Line Item 4(c)(2)(b)

All other commercial MBS.

Report in the appropriate columns the amortized cost and
fair value of all CMOs, REMICs, CMO and REMIC
residuals, stripped mortgage-backed securities, and commercial paper backed by loans secured by properties
other than 1-4 family residential properties that have
been issued or guaranteed by non-U.S. Government
issuers.
Line Item 5 Asset-backed securities and
structured financial products:

Line Item 4(c)(1)(b) Other pass-through securities.

Line Item 5(a) Asset-backed securities.

Report in the appropriate columns the amortized cost and
fair value of all holdings of commercial mortgage passthrough securities issued or guaranteed by non-U.S.
Government issuers.

Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities (other than
mortgage-backed securities), including asset-backed commercial paper, not held for trading. Include asset backed
securities issued by non-U.S. issuers. For holding companies with foreign offices or with $1 billion or more in
total assets, this item must equal Schedule HC-B, sum of
Memorandum items 5(a) through 5(f).

Line Item 4(c)(2) Other commercial
mortgage-backed securities.
Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all CMOs,
REMICs, CMO and REMIC residuals, stripped mortgagebacked securities, and commercial paper backed by loans
secured by properties other than 1-4 family residential
properties. Exclude commercial mortgage pass-through
securities (report in Schedule HC-B, item 4(c)(1), above).
Line Item 4(c)(2)(a) Issued or guaranteed by U.S.
Government agencies or sponsored agencies.
Report in the appropriate columns the amortized cost and
fair value of all CMOs, REMICs, CMO and REMIC
residuals, stripped mortgage-backed securities, and commercial paper backed by loans secured by properties
other than 1-4 family residential properties that have
been issued by U.S. Government agencies or U.S.
Government-sponsored agencies.
U.S. Government agencies include, but are not limited to,
such agencies as the Government National Mortgage
Association (GNMA), the Federal Deposit Insurance
Corporation (FDIC) and the National Credit Union
Administration (NCUA). U.S. Government-sponsored
agencies include, but are not limited to, such agencies as
FR Y-9C
Schedule HC-B

March 2018

Line Item 5(b) Structured financial products.
Report in the appropriate columns the amortized cost and
fair value of all structured financial products not held for
trading. Include cash, synthetic, and hybrid instruments,
including those issued by non-U.S. issuers. For holding
companies with $10 billion or more in total assets, this
item must equal Schedule HC-B, sum of Memorandum
items 6(a) through 6(g). Structured financial products
generally convert a pool of assets (such as whole loans,
securitized assets, and bonds) and other exposures (such
as derivatives) into products that are tradable capital
market debt instruments. Some of the more complex
financial product structures mix asset classes in order to
create investment products that diversify risk.
(1) A cash instrument means that the instrument represents a claim against a reference pool of assets.
(2) A synthetic instrument means that the investors do
not have a claim against a reference pool of assets;
rather, the originating bank merely transfers the
inherent credit risk of the reference pool of assets by
such means as a credit default swap, a total return
HC-B-7

Schedule HC-B

swap, or another arrangement in which the counterparty agrees upon specific contractual covenants to
cover a predetermined amount of losses in the loan
pool.

for trading that cannot properly be reported in Schedule HC-B, items 1 through 5 above.

(3) A hybrid instrument means that the instrument is a
mix of both cash and synthetic instruments.

(1) All holdings of certificates of participation in pools
of residential mortgages, collateralized mortgage
obligations (CMOs), real estate mortgage investment
conduits (REMICs), CMO and REMIC residuals,
and stripped mortgage-backed securities (such as
interest-only strips (IOs), principal-only strips (POs),
and similar instruments) (report in Schedule HC-B,
item 4 above).

One of the more common cash instrument structured
financial products is referred to as a collateralized debt
obligation (CDO). For example, include in this item
investments in CDOs for which the underlying collateral
is a pool of trust preferred securities issued by U.S.
business trusts organized by financial institutions or real
estate investment trusts. However, exclude from this item
investments in trust preferred securities issued by a single
U.S. business trust (report in Schedule HC-B, item 6(a),
“Other domestic debt securities”).
Other products include synthetic structured financial
products (such as synthetic CDOs) that use credit derivatives and a reference pool of assets, hybrid structured
products that mix cash and synthetic instruments, collateralized bond obligations (CBOs), resecuritizations such
as CDOs squared or cubed (which are CDOs backed
primarily by the tranches of other CDOs), and other
similar structured financial products.
Exclude from structured financial products:
(1) Mortgage-backed pass-through securities (report in
Schedule HC-B, item 4, above).
(2) Collateralized mortgage obligations (CMOs), real
estate mortgage investment conduits (REMICs), CMO
and REMIC residuals, stripped mortgage-backed
securities, and mortgage-backed commercial paper
(report in Schedule HC-B, item 4, above).
(3) Asset-backed commercial paper not held for trading
(report in Schedule HC-B, item 5(a), above).
(4) Asset-backed securities that are primarily secured by
one type of asset (report in Schedule HC-B, item
5(a), above).
(5) Securities backed by loans that are commonly
regarded as asset-backed securities rather than collateralized loan obligations in the marketplace (report in
Schedule HC-B, item 5(a), above).
Line Item 6 Other debt securities.
Report in the appropriate columns the amortized cost and
fair value of all other debt securities that are not held
HC-B-8

Exclude from other debt securities:

(2) Holdings of bankers acceptances and certificates of
deposit (CDs), even if the CDs are negotiable or have
CUSIP numbers. (Report holdings of bankers acceptances as loans in Schedule HC, item 4(a) if held for
sale; item 4(b) if held for investment; and item 5, if
held for trading. Report holdings of CDs in Schedule
HC, item 1(b) if not held for trading; and item 5, if
held for trading.)
(3) All securities that meet the definition of an ‘‘equity
security’’ in ASC Topic 321, Investments-Equity
Securities (formerly FASB Statement No. 115,
Accounting for Certain Investments in Debt and
Equity Securities), for example, common and perpetual preferred stock. (See, for example, the instructions to Schedule HC, item 2(c), Schedule HC-B,
item 7, and Schedule HC-F, item 4.)
Line Item 6(a) Other domestic debt securities.
Include in this item:
(1) Bonds, notes, debenture, equipment trust certificates,
and commercial paper issued by U.S.-chartered corporations and other U.S. issuers and not reportable
elsewhere in Schedule HC-B.
(2) Preferred stock of U.S.-chartered corporations and
business trusts that by its terms either must be
redeemed by the issuing corporation or trust or is
redeemable at the option of the holder, including trust
preferred securities subject to mandatory redemption.
(3) Detached U.S. government security coupons and
ex-coupon U.S. government securities held as the
result of either their purchase or the holding company’s stripping of such securities and Treasury
receipts such as CATs, TIGRs, COUGARs, LIONs,
Schedule HC-B

FR Y-9C
June 2018

Schedule HC-B

and ETRs. (Refer to the Glossary entry for ‘‘coupon
stripping, Treasury receipts, and STRIPS’’ for additional information.)
Exclude from other domestic debt securities investments
in collateralized debt for which the underlying collateral
is a pool of trust preferred securities issues by U.S.
business trusts (report as structured financial products in
Schedule HC-B, item 5(b)).
Line Item 6(b) Other foreign debt securities.
Report in the appropriate columns the amortized cost and
fair value of all other foreign debt securities not held for
trading issued by non-U.S.-chartered corporations, foreign governments, or special international organizations.
Other Foreign debt securities include:
(1) Bonds, notes, debentures, equipment trust certificates, and commercial paper issued by non-U.S.chartered corporations.
(2) Debt securities issued by foreign governmental units.
(3) Debt securities issued by international organizations
such as the International Bank for Reconstruction
and Development (World Bank), Inter-American
Development Bank, and Asian Development Bank.
(4) Preferred stock of non-U.S.-chartered corporations
that by its terms either must be redeemed by the
issuing enterprise or is redeemable at the option of
the investor (i.e., redeemable or limited-life preferred
stock).
NOTE: Item 7 is to be completed only by holding
companies that have not adopted FASB Accounting
Standards Update No. 2016-01 (ASU 2016-01), which
includes provisions governing the accounting for investments in equity securities, including investment in mutual
funds, and eliminates the concept of available-for-sale
equity securities. ASU 2016-01 requires holdings of
equity securities with readily determinable fair values
(except those accounted for under the equity method or
that result in consolidation) to be measured at fair value
with changes in the fair value recognized through net
income.
Institutions that have adopted ASU 2016-01 should leave
item 7 blank and report their holdings of equity securities
with readily determinable fair values not held for trading
in Schedule HC, item 2(c).
FR Y-9C
Schedule HC-B

March 2018

For institutions that are public business entities, as
defined in U.S. GAAP, ASU 2016-01 is effective for
fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. For example, an institution with a calendar year fiscal year that is a
public business entity must begin to apply ASU 2016-01
in its FR Y-9C Report for March 31, 2018. For all other
holding companies, ASU 2016-01 is effective for fiscal
years beginning after December 15, 2018, and interim
periods within fiscal years beginning after December 15,
2019. For example, a holding company with a calendar
year fiscal year that is not a public business entity must
begin to apply ASU 2016-01 in its FR Y-9C Report for
December 31, 2019. Early application of ASU 2016-01 is
permitted for all institutions that are not public business
entities as of fiscal years beginning after December 15,
2017, including interim periods within those fiscal years.
Line Item 7 Investments in mutual funds and
other equity securities with readily determinable
fair values.
Report in columns C and D the historical cost and fair
value, respectively, of all investments in mutual funds
and other equity securities (as defined in ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB
Statement No. 115, Accounting for Certain Investments
in Debt and Equity Securities) with readily determinable
fair values. Such securities include, but are not limited to,
money market mutual funds, mutual funds that invest
solely in U.S. government securities, common stock, and
perpetual preferred stock. Perpetual preferred stock does
not have a stated maturity date and cannot be redeemed at
the option of the investor, although it may be redeemable
at the option of the issuer.
According to ASC Topic 320, the fair value of an equity
security is readily determinable if sales prices or bid-andasked quotations are currently available on a securities
exchange registered with the Securities and Exchange
Commission (SEC) or in the over-the-counter market,
provided that those prices or quotations for the over-thecounter market are publicly reported by the National
Association of Securities Dealers Automated Quotations
systems or by OTC Markets Group, Inc. (‘‘Restricted
stock’’ meets that definition if the restriction terminates
within one year.) The fair value of an equity security
traded only in a foreign market is readily determinable if
that foreign market is of a breadth and scope comparable
to one of the U.S. markets referred to above. The fair
HC-B-9

Schedule HC-B

value of an investment in a mutual fund is readily
determinable if the fair value per share (unit) is determined and published and is the basis for current transactions.
Investments in mutual funds and other equity securities
with readily determinable fair values may have been
purchased by the reporting holding company or acquired
for debts previously contracted.
Include in this item common stock and perpetual preferred stock of the Federal National Mortgage Association (Fannie Mae), common stock and perpetual preferred stock of the Federal Home Loan Mortgage
Corporation (Freddie Mac), Class A voting and Class C
non-voting common stock of the Federal Agricultural
Mortgage Corporation (Farmer Mac), and common and
preferred stock of SLM Corporation (the private-sector
successor to the Student Loan Marketing Association).
Exclude from investments in mutual funds and other
equity securities with readily determinable fair values:
(1) Paid-in stock of a Federal Reserve Bank (report as an
equity security that does not have a readily determinable fair value in Schedule HC-F, item 4).
(2) Stock of a Federal Home Loan Bank (report as an
equity security that does not have a readily determinable fair value in Schedule HC-F, item 4).
(3) Common and preferred stocks that do not have
readily determinable fair values, such as stock of
bankers’ banks and Class B voting common stock of
the Federal Agricultural Mortgage Corporation
(Farmer Mac) (report in Schedule HC-F, item 4).
(4) Preferred stock that by its terms either must be
redeemed by the issuing enterprise or is redeemable
at the option of the investor (i.e., redeemable or
limited-life preferred stock), including trust preferred
securities subject to mandatory redemption (report
such preferred stock as an other debt security in
Schedule HC-B, item 6, above).
(5) ‘‘Restricted stock,’’ i.e., equity securities for which
sale is restricted by governmental or contractual
requirement (other than in connection with being
pledged as collateral), except if that requirement
terminates within one year or if the holder has the
power by contract or otherwise to cause the requirement to be met within one year (if the restriction does
not terminate within one year, report ‘‘restricted
HC-B-10

stock’’ as an equity security that does not have a
readily determinable fair value in Schedule HC-F,
item 4).
(6) Participation certificates issued by a Federal Intermediate Credit Bank, which represent nonvoting
stock in the bank (report as an equity security that
does not have a readily determinable fair value in
Schedule HC-F, item 4).
(7) Minority interests held by the reporting holding
company in any companies not meeting the definition
of associated company (report as equity securities
that do not have a readily determinable fair value in
Schedule HC-F, item 4), except minority holdings
that indirectly represent holding company premises
(report in Schedule HC, item 6) or other real estate
owned (report in Schedule HC, item 7), provided that
the fair value of any capital stock representing the
minority interest is not readily determinable. (See the
Glossary entry for ‘‘subsidiaries’’ for the definition of
associated company.)
(8) Equity holdings in those corporate joint ventures
over which the reporting holding company does not
exercise significant influence (report as equity securities that do not have a readily determinable fair
value in Schedule HC-F, item 4), except equity
holdings that indirectly represent holding company
premises (report in schedule HC, item 6) or other real
estate owned (report in Schedule HC, item 7). (See
the Glossary entry for ‘‘subsidiaries’’ for the definition of corporate joint venture.)
(9) Holding of capital stock of and investments in
unconsolidated subsidiaries, associated companies,
and those corporate joint ventures over which the
reporting holding company exercises significant
influence (report in Schedule HC, item 8, ‘‘Investments in unconsolidated subsidiaries and associated
companies’’).
Line Item 8 Total.
Report the sum of items 1 through 7. The total of column A for this item must equal Schedule HC, item 2(a),
‘‘Held-to-maturity securities.’’ The total for column D
must equal Schedule HC, item 2(b), ‘‘Available-for-sale
securities.’’
Line Item M1 Pledged securities.
Report the amortized cost of all held-to-maturity securities and the fair value of all available-for-sale securities
Schedule HC-B

FR Y-9C
March 2018

Schedule HC-B

included in this schedule that are pledged to secure
deposits, repurchase transactions, or other borrowings
(regardless of the balance of the deposits or other liabilities against which the securities are pledged), as performance bonds under futures or forward contracts, or for
any other purpose. Include as pledged securities:
(1) Held-to-maturity and available-for-sale securities that
have been ‘‘loaned’’ in securities borrowing/lending
transactions that do not qualify as sales under ASC
Topic 860, Transfers and Servicing (formerly FASB
Statement No. 140, ‘‘Accounting for Transfers and
Servicing of Financial Assets and Extinguishments
of Liabilities,’’ as amended).
(2) Held-to-maturity and available-for-sale securities
held by consolidated variable interest entities (VIEs)
that can be used only to settle obligations of the same
consolidated VIEs (the amounts of which are also
reported in Schedule HC-V, item 1(b).
(3) Held-to-maturity and available-for-sale securities
owned by consolidated insurance subsidiaries and
held in custodial trusts that are pledged to insurance
companies external to the consolidated holding company.
Line Item M2 Remaining maturity or next
repricing date of debt securities.
Report in memorandum items 2(a) through 2(c) below
the remaining maturity or next repricing date of debt
securities held by the consolidated holding company that
are included in items 1 through 6 above. Report the
amortized cost of held-to-maturity securities and the fair
value of available-for-sale securities as reported in columns A and D above in the appropriate subitems.
Exclude from memorandum item 2 the holding company’s holdings of equity securities with readily determinable fair values (reported in Schedule HC-B, item 7,
above) (e.g., investments in mutual funds, common stock,
preferred stock). Also exclude those debt securities that
are reported as ‘‘nonaccrual’’ in Schedule HC-N, item 9,
column C.
For purposes of this memorandum item, the following
definitions apply:
Remaining maturity is the amount of time remaining
from the report date until the final contractual maturity of
the instrument without regard to the instrument’s repayment schedule, if any.
FR Y-9C
Schedule HC-B

June 2014

A fixed interest rate is a rate that is specified at the
origination of the transaction, is fixed and invariable
during the term of the debt security, and is known to both
the borrower and the lender. Also treated as a fixed
interest rate is a predetermined interest rate which is a
rate that changes during the term of the debt security on a
predetermined basis, with the exact rate of interest over
the life of the debt security known with certainty to both
the borrower and the lender when the debt security is
acquired.
A floating rate is a rate that varies, or can vary, in relation
to an index, to some other interest rate such as the rate on
certain U.S. Government securities or the ‘‘prime rate,’’
or to some other variable criterion the exact value of
which cannot be known in advance. Therefore, the exact
rate the debt security carries at any subsequent time
cannot be known at the time of origination.
When the rate on a debt security with a floating rate has
reached a contractual floor or ceiling level, the debt
security is to be treated as ‘‘fixed rate’’ rather than as
‘‘floating rate’’ until the rate is again free to float.
Next repricing date is the date the interest rate on a
floating rate debt security can next change in accordance
with the terms of the contract (without regard to the
security’s repayment schedule, if any, or expected prepayments) or the contractual maturity date of the security, whichever is earlier.
Holding companies whose records or information systems provide data on the final contractual maturities, next
repricing dates, and expected average lives of their debt
securities for time periods that closely approximate the
maturity periods specified in Memorandum items 2(a)
through 2(c) (e.g., 359 or 360 days rather than 1 year)
may use these dates to complete Memorandum items 2(a)
through 2(c).
For debt securities with scheduled contractual payments,
holding companies whose records or information systems
provide repricing data that take into account these scheduled contractual payments, with or without the effect of
anticipated prepayments, may adjust these data in an
appropriate manner to derive reasonable estimates for the
final contractual maturities of fixed rate debt securities
and floating rate debt securities and the next repricing
dates of floating rate debt securities.
Callable fixed rate debt securities should be reported in
Memorandum items 2(a), 2(b) and 2(c) without regard to
HC-B-11

Schedule HC-B

their next call date unless the security has actually been
called. When fixed rate debt securities have been called,
they should be reported on the basis of the time remaining until the call date. Callable floating rate debt securities should be reported on the basis of their next repricing
date without regard to their next call date if the security
has not been called. Those that have been called should
be reported based on the earlier of their next repricing
date or their actual call date.

time remaining until next repricing date over one year but
less than five years.

Fixed rate mortgage pass-through securities (such as
those guaranteed by the Government National Mortgage
Association (GNMA) or issued by the Federal Home
Loan Mortgage Corporation (FHLMC), the Federal
National Mortgage Association (FNMA), and certain
banks, savings associations, and securities dealers) and
fixed rate Small Business Administration (SBA) ‘‘Guaranteed Loan Pool Certificates’’ should be reported on the
basis of the time remaining until their final contractual
maturity without regard to either expected prepayments
or scheduled contractual payments. Floating rate mortgage pass-through securities and SBA ‘‘Guaranteed Loan
Pool Certificates’’ should be reported on the basis of their
next repricing date.

Note: Memorandum item 3 is to be completed semiannually in the June and December reports only.

Fixed rate debt securities that provide the reporting
holding company with the option to redeem them at one
or more specified dates prior to their contractual maturity
date, so-called ‘‘put bonds,’’ should be reported on the
basis of the time remaining until the next ‘‘put’’ date.
Floating rate ‘‘put bonds’’ should be reported on the basis
of their next repricing date without regard to ‘‘put’’ dates
if the holding company has not exercised the put. If a
‘‘put’’ has been exercised but the security has not yet
been repaid, the ‘‘put’’ bond should be reported based on
the earlier of its next repricing date or its scheduled
repayment date.
Zero coupon debt securities, including U.S. Treasury
bills, should be treated as fixed rate debt securities for
purposes of this Memorandum item.
Line Item M2(a)

1 year and less.

Report in this item all securities held by the consolidated
holding company with a remaining maturity or amount of
time remaining until next repricing date of one year or
less.
Line Item M2(b)

Over 1 year to 5 years.

Report in this item all securities held by the consolidated
holding company with a remaining maturity or amount of
HC-B-12

Line Item M2(c)

Over 5 years.

Report in this item all securities held by the consolidated
holding company with a remaining maturity or amount of
time remaining until next repricing date of over five
years.

Line Item M3 Amortized cost of held-to-maturity
securities sold or transferred to available-for-sale or
trading securities during the calendar year-to-date.
If the reporting holding company has sold any held-tomaturity debt securities or has transferred any held-tomaturity debt securities to the available-for-sale or to
trading securities during the calendar year-to-date, report
the total amortized cost of these held-to-maturity debt
securities as of their date of sale or transfer.
Exclude the amortized cost of any held-to-maturity debt
security that has been sold near enough to (e.g., within
three months of) its maturity date (or call date if exercise
of the call is probable) that interest rate risk is substantially eliminated as a pricing factor. Also exclude the
amortized cost of any held-to-maturity debt security that
has been sold after the collection of a substantial portion
(i.e., at least 85 percent) of the principal outstanding at
acquisition due to prepayments on the debt security, or, if
the debt security is a fixed rate security, due to scheduled
payments payable in equal installments (both principal
and interest) over its term.
Line Item M4

Structured notes.

Report in this item all structured notes included in the
held-to-maturity and available-for-sale accounts and
reported in Schedule HC-B. In general, structured notes
are debt securities whose cash flow characteristics (coupon
rate, redemption amount, or stated maturity) depend upon
one or more indices and/or that have embedded forwards
or options or are otherwise commonly known as ‘‘structured notes.’’ Include as structured notes any assetbacked securities (other than mortgage-backed securities)
which possess the aforementioned characteristics.
Structured notes include, but are not limited to, the
following common structures:
Schedule HC-B

FR Y-9C
June 2018

Schedule HC-B

(1) Floating rate debt securities whose payment of interest is based upon:
(a) a single index of a Constant Maturity Treasury
(CMT) rate or a Cost of Funds Index (COFI), or
(b) changes in the Consumer Price Index (CPI).
However, exclude from structured notes all U.S.
Treasury Inflation-Protected Securities (TIPS).
(2) Step-up Bonds. Step-up securities initially pay the
investor an above-market yield for a short noncall
period and then, if not called, ‘‘step up’’ to a higher
coupon rate (which will be below current market
rates). The investor initially receives a higher yield
because of having implicitly sold one or more call
options. A step-up bond may continue to contain call
options even after the bond has stepped up to the
higher coupon rate. A multistep bond has a series of
fixed and successively higher coupons over its life.
At each call date, if the bond is not called, the coupon
rate increases.

by 0.5, plus 150 basis points. The deleveraging
multiplier (0.5) causes the coupon to lag overall
movements in market yields. A leveraged bond
would involve a multiplier greater than 1.
(6) Range Bonds. Range bonds (or accrual bonds) pay
the investor an above-market coupon rate as long as
the reference rate is between levels established at
issue. For each day that the reference rate is outside
this range, the bonds earn no interest. For example, if
LIBOR is the reference rate, a bond might pay
LIBOR plus 75 basis points for each day that LIBOR
is between 3.5 and 5.0 percent. When LIBOR is less
than 3.5 percent or more than 5 percent, the bond
would accrue no interest.
(7) Inverse Floaters. These bonds have coupons that
increase as rates decline and decrease as rates rise.
The coupon is based upon a formula, such as 12 percent minus three-month LIBOR.

(3) Index Amortizing Notes (IANs). IANs repay principal according to a predetermined amortization
schedule that is linked to the level of a specific index
(usually the London Interbank Offered Rate—
LIBOR—or a specified prepayment rate). As market
interest rates increase (or prepayment rates decrease),
the maturity of an IAN extends, similar to that of a
collateralized mortgage obligation. When the principal payments on these notes are indexed to the
prepayment performance of a reference pool of mortgages or a reference mortgage-backed security, but
the notes themselves are not collateralized by the
mortgages or the mortgage-backed security, the notes
are sometimes marketed as Prepayment-Linked Notes.

Exclude from structured notes floating rate debt securities denominated in U.S. dollars whose payment of
interest is based upon a single index of a Treasury bill
rate, the prime rate, or LIBOR and which do not contain
adjusting caps, adjusting floors, leverage, or variable
principal redemption. Furthermore, debt securities that
do not possess the aforementioned characteristics of a
structured note need not be reported as structured notes
solely because they are callable as of a specified date at
a specified price. In addition, debt securities that in the
past possessed the characteristics of a structured note, but
which have ‘‘fallen through’’ their structures (e.g., all of
the issuer’s call options have expired and there are no
more adjustments to the interest rate on the security),
need not be reported as structured notes.

(4) Dual Index Notes. These bonds have coupon rates
that are determined by the difference between
two market indices, typically the Constant Maturity
Treasury rate (CMT) and LIBOR. These bonds often
have a fixed coupon rate for a brief period, followed
by a longer period of variable rates, e.g., 8 percent
fixed for two years, then 10-year CMT plus 300 basis
points minus three-month LIBOR.

Generally, municipal and corporate securities that have
periodic call options should not be reported as structured
notes. Although many of these securities have features
similar to those found in some structured notes (e.g.,
step-ups, which generally remain callable after a step-up
date), they are not commonly known as structured notes.
Examples of such callable securities that should not be
reported as structured notes include:

(5) De-leveraged Bonds. These bonds pay investors
according to a formula that is based upon a fraction
of the increase or decrease in a specified index, such
as the CMT rate or the prime rate. For example,
the coupon might be the 10-year CMT rate multiplied

(1) Callable municipal and corporate bonds which have
single (or multiple) explicit call dates and then can be
called on any interest payment date after the
last explicit call date (i.e., they are continuously
callable).

FR Y-9C
Schedule HC-B

June 2014

HC-B-13

Schedule HC-B

(2) Callable federal agency securities that have continuous call features after an explicit call date, except
step-up bonds (which are structured notes).
The mere existence of simple caps and floors does not
necessarily make a security a structured note. Securities
with adjusting caps or floors (i.e., caps or floors that
change over time), however, are structured notes. Therefore, the following types of securities should not be
reported as structured notes:
(1) Variable rate securities, including Small Business
Administration ‘‘Guaranteed Loan Pool Certificates,’’
unless they have features of securities which are
commonly known as structured notes (i.e., they are
inverse, range, or de-leveraged floaters, index amortizing notes, dual index or variable principal redemption or step-up bonds), or have adjusting caps or
floors.
(2) Mortgage-backed securities.
Line Item M4(a)
notes.

Amortized cost of structured

Report the amortized cost of all structured notes included
in the held-to-maturity and available-for-sale accounts.
The amortized cost of these securities should also be
reported in columns A and C of the body of Schedule HC-B.
Line Item M4(b)

Fair value of structured notes.

Report the fair (market) value of structured notes reported
in memorandum item 4(a) above. The fair value of these
securities should also be reported in columns B and D of
the body of Schedule HC-B. Do not combine or otherwise net the fair value of any structured note with the fair
or book value of any related asset, liability, or offbalance-sheet derivative instrument.
Line Item M5

Asset-backed securities.

Note: Memorandum item 5 is to be completed by
holding companies with $10 billion or more in total
assets.
Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all assetbacked securities (other than mortgage-backed securities), including asset-backed commercial paper, not
held for trading. For each column, the sum of MemoranHC-B-14

dum items 5(a) through 5(f) must equal Schedule HC-B,
item 5(a).
For purposes of categorizing asset-backed securities in
Schedule HC-B, Memorandum items 5(a) through 5(f),
below, each individual asset-backed security should be
included in the item that most closely describes the
predominant type of asset that collateralizes the security
and this categorization should be used consistently over
time. For example, an asset-backed security may be
collateralized by automobile loans to both individuals
and business enterprises. If the prospectus for this assetbacked security or other available information indicates
that these automobile loans are predominantly loans to
individuals, the security should be reported in Schedule
HC-B, Memorandum item 5(c), as being collateralized
by automobile loans.
Line Item M5(a)

Credit card receivables.

Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by
credit card receivables, i.e., extensions of credit to individuals for household, family, and other personal expenditures arising from credit cards as defined for Schedule
HC-C, item 6(a).
Line Item M5(b)

Home equity lines.

Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by
home equity lines of credit, i.e., revolving, open-end
lines of credit secured by 1-to-4 family residential properties as defined for Schedule HC-C, item 1(c)(1).
Line Item M5(c)

Automobile loans.

Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by
automobile loans, i.e., loans to individuals for the purpose of purchasing private passenger vehicles, including
minivans, vans, sport-utility vehicles, pickup trucks, and
similar light trucks for personal use. Such loans are a
subset of ‘‘Other consumer loans,’’ as defined for Schedule HC-C, item 6(c).
Line Item M5(d)

Other consumer loans.

Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by
other consumer loans, i.e., loans to individuals for household, family, and other personal expenditures as defined
Schedule HC-B

FR Y-9C
June 2014

Schedule HC-B

for Schedule HC-C, items 6(b) and 6(c), excluding
automobile loans as described in Schedule HC-B, Memorandum item 5(c), above.
Line Item M5(e)

Commercial and industrial loans.

Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by
commercial and industrial loans, i.e., loans for commercial and industrial purposes to sole proprietorships, partnerships, corporations, and other business enterprises,
whether secured (other than by real estate) or unsecured,
single-payment or installment, as defined for Schedule
HC-C, item 4.
Line Item M5(f)

Line Item M6(b) Trust preferred securities issued
by real estate investment trusts.
Report in the appropriate columns the amortized cost and
fair value of structured financial products supported
predominantly by trust preferred securities issued by real
estate investment trusts.
Line Item M6(c)

Corporate and similar loans.

Report in the appropriate columns the amortized cost and
fair value of structured financial products supported
predominantly by corporate and similar loans.
Exclude securities backed by loans that are commonly
regarded as asset-backed securities rather than collateralized loan obligations in the marketplace (report in Schedule HC-B, item 5(a)).

Other.

Report in the appropriate columns the amortized cost and
fair value of all asset-backed securities collateralized by
non-mortgage loans other than those described in Schedule HC-B, Memorandum items 5(a) through 5(e), above,
i.e., loans as defined for Schedule HC-C, items 2, 3, and 7
through 9; lease financing receivables as defined for
Schedule HC-C, item 10; and all other assets.

Line ItemM6(d) 1-4 family residential MBS issued
or guaranteed by U.S. government-sponsored
enterprises (GSEs).
Report in the appropriate columns the amortized cost and
fair value of structured financial products supported
predominantly by 1-4 family residential mortgage-backed
securities issued or guaranteed by U.S. governmentsponsored enterprises.

Note: Memorandum item 6 is to be completed by
holding companies with $10 billion or more in total
assets.

Line Item M6(e) 1-4 family residential MBS not
issued or guaranteed by GSEs.

Line Item M6 Structured financial products by
underlying collateral or reference assets.

Report in the appropriate columns the amortized cost and
fair value of structured financial products supported
predominantly by 1-4 family residential mortgage-backed
securities not issued or guaranteed by U.S. governmentsponsored enterprises.

Report in the appropriate columns of the appropriate
subitems the amortized cost and fair value of all structured financial products (as defined in Schedule HC-B,
item 5(b), above) not held for trading by the predominant
type of collateral or reference assets supporting the
product. For each column, the sum of Memorandum
items 6(a) through 6(g) must equal Schedule HC-B, item
5(b).

Line Item M6(f) Diversified (mixed) pools of
structured financial products.
Report in the appropriate columns the amortized cost and
fair value of structured financial products supported
predominantly by diversified (mixed) pools of structured
financial products. Include such products as CDOs
squared and cubed (also known as ‘‘pools of pools’’).

Line Item M6(a) Trust preferred securities issued
by financial institutions.

Line Item M6(g)
assets.

Report in the appropriate columns the amortized cost and
fair value of structured financial products supported
predominantly by trust preferred securities issued by
financial institutions.

Report in the appropriate columns the amortized cost and
fair value of structured financial products supported
predominantly by other types of collateral or reference
assets not identified above.

FR Y-9C
Schedule HC-B

June 2018

Other collateral or reference

HC-B-15

LINE ITEM INSTRUCTIONS FOR

Loan and Lease Financing Receivables
Schedule HC-C

General Instructions
Loans and lease financing receivables are extensions of
credit resulting from either direct negotiation between the
holding company or its consolidated subsidiaries and its
customers or the purchase of such assets from others.
(See the Glossary entries for ‘‘loan’’ and for ‘‘lease
accounting’’ for further information.)
All reporting holding companies must complete this
schedule regardless of whether or not it has foreign or
domestic offices. This schedule has two columns for
information on loans and lease financing receivables.
Column A provides loan and lease detail for the fully
consolidated holding company and column B provides
detail on loans and leases held by the domestic offices of
the reporting holding company. (See the Glossary entry
for ‘‘domestic office’’ for the definition of this term.)
Report all loans and leases that the holding company has
the intent and ability to hold for the foreseeable future or
until maturity or payoff, i.e., loans and leases held for
investment, in Schedule HC-C. Also report in Schedule
HC-C all loans and leases held for sale as part of the
consolidated holding company’s mortgage banking activities or activities of a similar nature involving other types
of loans. Include the fair value of all loans held for
investment and all loans held for sale that the holding
company has elected to report at fair value under a fair
value option. Loans reported at fair value in Schedule
HC-C should include only the fair value of the funded
portion of the loan. If the unfunded portion of the loan, if
any, is reported at fair value, this fair value should be
reported as an “Other asset” or an “Other liability,” as
appropriate, in Schedule HC, item 11 or item 20, respectively.
If the holding company has elected to apply the fair value
option to any loans held for investment or held for sale, it
also must report the fair value and unpaid principal
balance of these loans in the appropriate subitems of
FR Y-9C
Schedule HC-C

June 2018

Schedule HC-Q, Memorandum items 3 and 4, respectively.
Exclude from Schedule HC-C all loans and leases classified as trading (report in Schedule HC, item 5, ‘‘Trading
assets,’’ and, in the appropriate items of Schedule HC-D,
Trading Assets and Liabilities, and Schedule HC-Q, Financial Assets and Liabilities Measured at Fair Value on a
Recurring Basis, if applicable).
When a loan is acquired (through origination or purchase) with the intent or expectation that it may or will be
sold at some indefinite date in the future, the loan should
be reported as held for sale or held for investment, based
on facts and circumstances, in accordance with generally
accepted accounting principles and related supervisory
guidance. In addition, a loan acquired and held for
securitization purposes should be reported as a loan held
for sale, provided the securitization transaction will be
accounted for as a sale under ASC Topic 860, Transfers
and Servicing (formerly FASB Statement No. 140,
Accounting for Transfers and Servicing of Financial
Assets and Extinguishments of Liabilities). Notwithstanding the above, holding companies may classify loans as
trading if the holding company applies fair value accounting, with changes in fair value reported in current earnings, and manages these assets and liabilities as trading
positions, subject to the controls and applicable regulatory guidance related to trading activities. For example, a
holding company would generally not classify a loan that
meets these criteria as a trading asset unless the holding
company holds the loan for one of the following purposes: (a) for market making activities, including such
activities as accumulating loans for sale or securitization;
(b) to benefit from actual or expected price movements;
or (c) to lock in arbitrage profits.
Loans held for sale (not classified as trading in accordance
with the preceding instruction) shall be reported in Schedule HC-C at the lower of cost or fair value as of the report
HC-C-1

Schedule HC-C

date, except for those that the holding company has
elected to account for at fair value under a fair value
option. For loans held for sale that are reported at the lower
of cost or fair value, the amount by which cost exceeds fair
value, if any, shall be accounted for as a valuation allowance. For further information, see ASC Subtopic 948-310,
Financial Services-Mortgage Banking – Receivables (formerly FASB Statement No. 65, Accounting for Certain
Mortgage Banking Activities), as amended), ASC Subtopic 310-10, Receivables – Overall (formerly AICPA
Statement of Position 01-6, Accounting by Certain Entities (Including Entities With Trade Receivables) That
Lend to or Finance the Activities of Others), and the
March 26, 2001, Interagency Guidance on Certain Loans
Held for Sale.
Report loans and leases held for investment in this
schedule without any deduction for loss allowances for
loans and leases or allocated transfer risk reserves related
to loans and leases, which are to be reported in Schedule
HC, item 4(c), ‘‘Allowance for loan and lease losses.’’
Each item in this schedule should be reported net
of (1) unearned income (to the extent possible)
and (2) deposits accumulated for the payment of personal
loans (hypothecated deposits). Net unamortized loan fees
represent an adjustment of the loan yield, and shall be
reported in this schedule in the same manner as unearned
income on loans, i.e., deducted from the related loan
balances (to the extent possible) or deducted from total
loans in Schedule HC-C, item 11, ‘‘LESS: Any unearned
income on loans reflected in items 1–9 above.’’ Net
unamortized direct loan origination costs shall be added
to the related loan balances in each item in this schedule.
(See the Glossary entry for ‘‘loan fees’’ for further
information.)
‘‘Purchased credit-impaired loans’’ are loans accounted
for in accordance with ASC Subtopic 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality (formerly AICPA Statement of
Position 03-3, Accounting for Certain Loans or Debt
Securities Acquired in a Transfer), that a holding company has purchased, including those acquired in a purchase business combination, where there is evidence of
deterioration of credit quality since the origination of the
loan and it is probable, at the purchase date, that the
holding company will be unable to collect all contractually required payments receivable. Neither the accretable
yield nor the nonaccretable difference associated with
purchased credit-impaired loans should be reported as
HC-C-2

unearned income in Schedule HC-C, item 11. In addition,
the nonaccretable difference, must not be recognized as
an adjustment of yield, loss accrual, or valuation allowance.
If, as a result of a change in circumstances, the holding
company regains control of a loan previously accounted
for appropriately as having been sold because one or
more of the conditions for sale accounting in ASC Topic
860 are no longer met, such a change should be accounted
for in the same manner as a purchase of the loan from the
former transferee (purchaser) in exchange for liabilities
assumed. The rebooked loan must be reported as a loan
asset in Schedule HC-C either as a loan held for sale or a
loan held for investment, based on facts and circumstances, in accordance with generally accepted accounting principles. This accounting and reporting treatment
applies, for example, to U.S. Government-guaranteed or
insured residential mortgage loans backing Government
National Mortgage Association (GNMA) mortgagebacked securities that a holding company services after it
has securitized the loans in a transfer accounted for as a
sale. If and when individual loans later meet delinquency
criteria specified by GNMA, the loans are eligible for
repurchase, the holding company is deemed to have
regained effective control over these loans, and the
delinquent loans must be brought back onto the holding
company’s books as loan assets.
Exclude all intracompany (i.e., between subsidiaries of
the consolidated holding company) transactions and all
loans and leases held for trading purposes.
All loans are classified according to security, borrower, or
purpose. All loans satisfying the criteria in the Glossary
entry for “Loans secured by real estate” (except those to
states and political subdivisions in the U.S.) should be
categorized as “Loans secured by real estate” in Schedule
HC-C. Loans secured by other collateral, such as securities, inventory, or automobiles would require further
examination on both purpose and borrower to properly
categorize the loans in Schedule HC-C. For loan categories in Schedule HC-C that include certain loans to
individuals, the term “individual” may include a trust or
other entity that acts of behalf of (or in place of) an
individual or a group of individuals for purposes of
obtaining the loan. Loans covering two or more classifications are sometimes difficult to classify. In such
instances, classify the entire loan according to the major
criterion.
Schedule HC-C

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Schedule HC-C

Report in this schedule all loans that the reporting
holding company or its consolidated subsidiaries have
sold under repurchase agreements. Also report all loans
and leases on the books of the reporting holding company
even if on the report date they are past due and collection
is doubtful. Exclude any loans or leases the holding
company has sold or charged off. Also exclude the fair
value of any assets received in full or partial satisfaction
of a loan or lease (unless the asset received is itself
reportable as a loan or lease) and any loans for which the
holding company has obtained physical possession of the
underlying collateral regardless of whether formal foreclosure or repossession proceedings have been instituted
against the borrower. Refer to the Glossary entries for
‘‘troubled debt restructurings’’ and ‘‘foreclosed assets’’
for further discussions of these topics.
When a holding company acquires either (1) a portion of
an entire loan that does not meet the definition of a
participating interest (i.e., a nonqualifying loan participation) or (2) a qualifying participating interest in a transfer
that does not does not meet all of the conditions for sale
accounting, it should normally report the loan participation or participating interest in Schedule HC, item 4(b),
‘‘Loans and leases, held for investment.’’ The holding
company also should report the loan participation or
participating interest in Schedule HC-C, in the loan
category appropriate to the underlying loan, e.g., as a
‘‘commercial and industrial loan’’ in item 4 or as a ‘‘loan
secured by real estate’’ in item 1. See the Glossary entry
for ‘‘transfers of financial assets’’ for further information.
Exclude, for purposes of this schedule, the following:
(1) Federal funds sold (in domestic offices), i.e., all loans
of immediately available funds (in domestic offices)
that mature in one business day or roll over under a
continuing contract, excluding funds lent in the form
of securities purchased under agreements to resell.
Report federal funds sold (in domestic offices) in
Schedule HC, item 3(a). However, report overnight
lending for commercial and industrial purposes as
loans in this schedule. Also report lending transactions in foreign offices involving immediately available funds with an original maturity of one business
day or under a continuing contract that are not
securities resale agreements as loans in this schedule.
(2) Lending transactions in the form of securities purchased under agreements to resell (report in Schedule
FR Y-9C
Schedule HC-C

March 2018

HC, item 3(b), ‘‘Securities purchased under agreements to resell’’).
(3) Contracts of sale or other loans indirectly representing other real estate (report in Schedule HC, item 7,
‘‘Other real estate owned’’).
(4) Undisbursed loan funds, sometimes referred to as
incomplete loans or loans in process, unless the
borrower is liable for and pays the interest thereon. If
interest is being paid by the borrower on the undisbursed proceeds, the amounts of such undisbursed
funds should be included in both loans and deposits.
(Do not include loan commitments that have not yet
been taken down, even if fees have been paid; see
Schedule HC-L, item 1).
(5) All holdings of commercial paper (report in Schedule
HC, item 5, if held for trading; report in Schedule
HC-B, item 4(b), “Other mortgage-backed securities,” item 5, ‘‘Asset-backed securities,’’ or item 6,
‘‘Other debt securities,’’ as appropriate, if held for
purposes other than trading).
Line Item 1 Loans secured by real estate.
Report all loans that meet the definition of a ‘‘loan
secured by real estate.’’ See the Glossary entry for ‘‘loan
secured by real estate’’ for the definition of this term.
For holding companies with domestic offices only:
Report loans secured by real estate as a single total in
column A for the consolidated holding company. Report
in column B within the appropriate subitem below loans
for construction, land development, and other land loans
when they are secured by real estate, loans secured by
farmland, by 1–4 family residential properties, by multifamily properties, and by nonfarm nonresidential properties. The total of the subitems in column B should equal
the consolidated total reported in column A.
For holding companies with domestic and foreign
offices: Report loans secured by real estate as a single
total in column A for the consolidated holding company
and by type of real estate collateral in the appropriate
subitem below in column B.
Include all loans (other than those to states and political
subdivisions in the U.S.), regardless of purpose and
regardless of whether originated by the holding company
or purchased from others, that are secured by real estate
at origination as evidenced by mortgages, deeds of trust,
land contracts, or other instruments, whether first or
HC-C-3

Schedule HC-C

junior liens (e.g., equity loans, second mortgages) on real
estate.
Include as loans secured by real estate:
(1) Loans secured by residential properties that are
guaranteed by the Farmers Home Administration
(FmHA) and extended, collected, and serviced by a
party other than the FmHA.
(2) Loans secured by properties and guaranteed by governmental entities in foreign countries.
(3) Participations in pools of Federal Housing Administration (FHA) Title I improvement loans that are
secured by liens (generally, junior liens) on residential properties.

(4) Notes issued and insured by the Farmers Home
Administration and instruments (certificates of
beneficial ownership and insured note insurance
contracts) representing an interest in Farmers
Home Administration-insured notes (report in Schedule HC-B, item 2, ‘‘U.S. government agency obligations’’).
(5) Bonds issued by the Federal National Mortgage
Association or by the Federal Home Loan Mortgage
Corporation that are collateralized by residential
mortgages (report in Schedule HC-B, item 2).

Exclude the following from loans secured by real estate:

(6) Pooled residential mortgages for which participation
certificates have been issued or guaranteed by the
Government National Mortgage Association, the
Federal National Mortgage Association, or the Federal Home Loan Mortgage Corporation (report in
Schedule HC-B, item 4(a)). However, if the reporting
holding company is the seller-servicer of the residential mortgages backing such securities and, as a result
of a change in circumstances, it must rebook any of
these mortgages because one or more of the conditions for sale accounting in ASC Topic 860, Transfers and Servicing (formerly FASB Statement No.
140, Accounting for Transfers and Servicing of
Financial Assets and Extinguishments of Liabilities,
as amended by FASB Statement No. 166, Accounting
for Transfers of Financial Assets), are no longer met,
the rebooked mortgages should be included in Schedule HC-C as loans secured by real estate.

(1) Obligations (other than securities) of states and
political subdivisions in the U.S. secured by real
estate (report in item 9 below).

Line Item 1(a) Construction, land development,
and other land loans.

(4) Loans secured by real estate that are guaranteed by
the Small Business Administration (SBA). Include
SBA ‘‘Guaranteed Interest Certificates,’’ which represent a beneficial interest in the entire SBAguaranteed portion of an individual loan, provided
the loan is a loan secured by real estate. (Exclude
SBA ‘‘Guaranteed Loan Pool Certificates,’’ which
represent an undivided interest in a pool of SBAguaranteed portions of loans. SBA ‘‘Guaranteed Loan
Pool Certificates’’ should be reported as securities in
Schedule HC-B, item 2, or, if held for trading, in
Schedule HC, item 5.)

(2) All loans and sales contracts indirectly representing
other real estate (report in Schedule HC, item 7,
‘‘Other real estate owned’’).
(3) Loans to real estate companies, real estate investment
trusts, mortgage lenders, and foreign nongovernmental entities that specialize in mortgage
loan originations and that service mortgages for other
lending institutions when the real estate mortgages or
similar liens on real estate are not sold to the
holding company but are merely pledged as collateral
(report below in item 2, “Loans to depository institutions and acceptances of other banks,” or as all other
loans in item 9, “Loans to nondepository financial
institutions and other loans,” as appropriate).
HC-C-4

Report in the appropriate subitem of column B loans
secured by real estate made to finance (a) land development (i.e., the process of improving land - laying sewers,
water pipes, etc.) preparatory to erecting new structures
or (b) the on-site construction of industrial, commercial,
residential, or farm buildings. For purposes of this item,
‘‘construction’’ includes not only construction of new
structures, but also additions or alterations to existing
structures and the demolition of existing structures to
make way for new structures.
Also include in this item:
(1) Loans secured by vacant land, except land known to
be used or usable for agricultural purposes, such as
crop and livestock production (which should be
Schedule HC-C

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Schedule HC-C

reported in Schedule HC-C, item 1.b, below, as loans
secured by farmland).
(2) Loans secured by real estate the proceeds of which
are to be used to acquire and improve developed and
undeveloped property.
(3) Loans made under Title I or Title X of the National
Housing Act that conform to the definition of construction stated above and that are secured by real
estate.
Loans written as combination construction-permanent
loans secured by real estate should be reported in this
item until construction is completed or principal amortization payments begin, whichever comes first. When the
first of these events occurs, the loans should begin to be
reported in the real estate loan category in Schedule
HC-C, item 1, appropriate to the real estate collateral. For
purposes of these reports, a combination constructionpermanent loan arises when the lender enters into a
contractual agreement with the original borrower at the
time the construction loan is originated to also provide
the original borrower with permanent financing that
amortizes principal after construction is completed and a
certificate of occupancy is obtained (if applicable). This
construction-permanent loan structure is intended to
apply to situations where, at the time the construction
loan is originated, the original borrower:
• Is expected to be the owner-occupant of the property
upon completion of construction and receipt of a
certificate of occupancy (if applicable), for example,
where the financing is being provided to the original
borrower for the construction and permanent financing
of the borrower’s residence or place of business, or
• Is not expected to be the owner-occupant of the
property, but repayment of the permanent loan will be
derived from rental income associated with the property being constructed after receipt of a certificate of
occupancy (if applicable) rather than from the sale of
the property being constructed.
All construction loans secured by real estate, other than
combination construction-permanent loans as described
above, should continue to be reported in this item after
construction is completed unless and until (1) the loan is
refinanced into a new permanent loan by the reporting
holding company or is otherwise repaid, (2) the holding
company acquires or otherwise obtains physical possession of the underlying collateral in full satisfaction of the
FR Y-9C
Schedule HC-C

June 2014

debt, or (3) the loan is charged off. For purposes of these
reports, a construction loan is deemed to be refinanced
into a new permanent loan only if the holding company
originates:
• An amortizing permanent loan to a new borrower
(unrelated to the original borrower) who has purchased
the real property, or
• A prudently underwritten new amortizing permanent
loan at market terms to the original borrower including
an appropriate interest rate, maturity, and loan-to-value
ratio – that is no longer dependent on the sale of the
property for repayment. The loan should have a clearly
identified ongoing source of repayment sufficient to
service the required principal and interest payments
over a reasonable and customary period relative to the
type of property securing the new loan. A new loan to
the original borrower not meeting these criteria (including a new loan on interest-only terms or a new loan
with a short-term balloon maturity that is inconsistent
with the ongoing source of repayment criterion) should
continue to be reported as a ‘‘Construction, land development, and other land loan’’ in the appropriate subitem of Schedule HC-C, item 1(a).
Exclude loans to finance construction and land development that are not secured by real estate (report in other
items of Schedule HC-C, as appropriate).
Line Item 1(a)(1) 1–4 family residential construction loans.
Report in column B the amount outstanding of 1–4 family
residential construction loans, i.e., loans for the purpose of
constructing 1–4 family residential properties, which will
secure the loan. The term “1–4 family residential properties” is defined in Schedule HC-C, item 1(c), below. “1–4
family residential construction loans” include:
• Construction loans to developers secured by tracts of
land on which 1–4 family residential properties, including townhouses, are being constructed.
• Construction loans secured by individual parcels of land
on which single 1–4 family residential properties are
being constructed.
• Construction loans secured by single-family dwelling
units in detached or semi-detached structures, including
manufactured housing.
HC-C-5

Schedule HC-C

• Construction loans secured by duplex units and townhouses, excluding garden apartment projects where the
total number of units that will secure the permanent
mortgage is greater than four.
• Combination land and construction loans on 1–4 family
residential properties, regardless of the current stage of
construction or development.
• Combination construction-permanent loans on 1–4
family residential properties until construction is completed or principal amortization payments begin, whichever comes first.
• Bridge loans to developers on 1–4 family residential
properties where the buyer will not assume the same
loan, even if construction is completed or principal
amortization payments have begun.
Line Item 1(a)(2) Other construction loans and all
land development and other land loans.
Report in column B the amount outstanding of all
construction loans for purposes other than constructing
1–4 family residential properties, all land development
loans, and all other land loans. Include loans for the
development of building lots and loans secured by vacant
land, unless the same loan finances the construction of
1–4 family residential properties on the property.
Line Item 1(b) Secured by farmland.
Report in this item loans secured by farmland and
improvements thereon, as evidenced by mortgages or
other liens. Farmland includes all land known to be used
or usable for agricultural purposes, such as crop and
livestock production. Farmland includes grazing or pasture land, whether tillable or not and whether wooded or
not.
Include loans secured by residential properties that are
guaranteed by the Farmers Home Administration (FmHA)
and extended, collected, and serviced by a party other
than the FmHA.
Exclude, however, loans extended, serviced, collected,
and insured by FmHA (report in Schedule HC-B, item 2,
‘‘U.S. government agency obligations.’’) Also exclude
loans for farm property construction and land development purpose (report in Schedule HC-C, item 1(a)
above).
HC-C-6

Line Item 1(c) Secured by 1–4 family residential
properties.
Report in this item open-end and closed-end loans
secured by real estate as evidenced by mortgages (FHA,
FmHA, VA, or conventional) or other liens on the
following:
(1) Nonfarm property containing 1 to 4 dwelling units
(including vacation homes) or more than 4 dwelling
units if each is separated from other units by dividing walls that extend from ground to roof (e.g., row
houses, townhouses, or the like).
(2) Mobile homes where (a) state laws define the purchase or holding of a mobile home as the purchase or
holding of real property and where (b) the loan to
purchase the mobile home is secured by that mobile
home as evidenced by a mortgage or other instrument
on real property.
(3) Individual condominium dwelling units and loans
secured by an interest in individual cooperative housing units, even if in a building with five or more
dwelling units.
(4) Housekeeping dwellings with commercial units combined where use is primarily residential and where
only 1 to 4 family dwelling units are involved.
Exclude loans for 1-to-4 family residential property
construction and land development purposes (report in
Schedule HC-C, item 1(a)). Also, exclude loans secured
by vacant lots in established single-family residential
sections or in areas set aside primarily for 1-to-4 family
homes (report in Schedule HC-C, item 1(a)).
Reverse 1–4 family residential mortgages should be
reported in the appropriate subitem based on whether
they are closed-end or open-end mortgages. A reverse
mortgage is an arrangement in which a homeowner
borrows against the equity in his/her home and receives
cash either in a lump sum or through periodic payments.
However, unlike a traditional mortgage loan, no payment
is required until the borrower no longer uses the home as
his or her principal residence. Cash payments to the
borrower after closing, if any, and accrued interest are
added to the principal balance. These loans may have
caps on their maximum principal balance or they may
have clauses that permit the cap on the maximum principal balance to be increased under certain circumstances.
Homeowners generally have one of the following options
Schedule HC-C

FR Y-9C
June 2014

Schedule HC-C

for receiving tax free loan proceeds from a reverse
mortgage: (1) one lump sum payment; (2) a line of credit;
(3) fixed monthly payments to homeowner either for a
specified term or for as long as the homeowner lives in
the home; or (4) a combination of the above. Reverse
mortgages that provide for a lump sum payment to the
borrower at closing, with no ability for the borrower to
receive additional funds under the mortgage at a later
date, should be reported as closed-end loans in Schedule
HC-C, item 1(c)(2). Normally, closed-end reverse mortgages are first liens and would be reported in Schedule
HC-C, item 1(c)(2)(a). Reverse mortgages that are structured like home equity lines of credit in that they provide
the borrower with additional funds after closing (either as
fixed monthly payments, under a line of credit, or both)
should be reported as open-end loans in Schedule HC-C,
item 1(c)(1). Open-end reverse mortgages also are normally first liens. Where there is a combination of both a
lump sum payment to the borrower at closing and
payments after the closing of the loan, the reverse
mortgage should be reported as an open-end loan in
Schedule HC-C, item 1(c)(1).
Line Item 1(c)(1) Revolving, open-end loans
secured by 1–4 family residential properties and
extended under lines of credit.
Report the amount outstanding under revolving, openend lines of credit secured by 1 to 4 family residential
properties. These lines of credit, commonly known as
home equity lines, are typically secured by a junior lien
and are usually accessible by check or credit card.
Line Item 1(c)(2) Closed-end loans secured by
1–4 family residential properties.
Report in the appropriate subitem the amount of all
closed-end loans secured by 1 to 4 family residential
properties.
Line Item 1(c)(2)(a) Secured by first liens.
Report the amount of all closed-end loans secured by first
liens on 1 to 4 family residential properties.
Line Item 1(c)(2)(b) Secured by junior liens.
Report the amount of all closed-end loans secured by
junior (i.e., other than first) liens on 1 to 4 family
residential properties.
FR Y-9C
Schedule HC-C

June 2014

Line Item 1(d) Secured by multifamily (5 or more)
residential properties.
Report in this item all other nonfarm residential loans
secured by real estate as evidenced by mortgages (FHA
and conventional) or other liens. Specifically, include
loans on the following:
(1) Nonfarm properties with 5 or more dwelling units in
structures (including apartment buildings and apartment hotels) used primarily to accommodate households on a more or less permanent basis.
(2) 5 or more unit housekeeping dwellings with commercial units combined where use is primarily residential.
(3) Cooperative-type apartment buildings containing 5 or
more dwelling units.
Exclude loans for multifamily residential property construction and land development purposes and loans
secured by vacant lots in established multifamily residential sections or in areas set aside primarily for multifamily residential properties (report in item 1(a)(2)). Also
exclude loans secured by nonfarm nonresidential properties (report in item 1(e)).
Line Item 1(e) Secured by nonfarm nonresidential
properties.
Report in the appropriate subitem of column B loans
secured by real estate as evidenced by mortgages or other
liens on nonfarm nonresidential properties, including
business and industrial properties, hotels, motels,
churches, hospitals, educational and charitable institutions, dormitories, clubs, lodges, association buildings,
‘‘homes’’ for aged persons and orphans, golf courses,
recreational facilities, and similar properties.
Exclude loans for nonfarm nonresidential property construction and land development purposes (report in
Schedule HC-C, item 1(a)).
For purposes of reporting loans in Schedule HC-C, items
1(e)(1) and 1(e)(2), below, the determination as to
whether a nonfarm nonresidential property is considered
“owner-occupied” should be made upon acquisition
(origination or purchase) of the loan. Once a holding
company determines whether a loan should be reported
as “owner-occupied” or not, this determination need not
be reviewed thereafter.
Line Item 1(e)(1) Loans secured by
owner-occupied nonfarm nonresidential properties.
Report in column B the amount of loans secured by
owner-occupied nonfarm nonresidential properties.
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Schedule HC-C

‘‘Loans secured by owner-occupied nonfarm nonresidential properties’’ are those nonfarm nonresidential property loans for which the primary source of repayment is
the cash flow from the ongoing operations and activities
conducted by the party, or an affiliate of the party, who
owns the property. Thus, for loans secured by owneroccupied nonfarm nonresidential properties, the primary
source of repayment is not derived from third party,
nonaffiliated, rental income associated with the property
(i.e., any such rental income is less than 50 percent of the
source of repayment) or the proceeds of the sale, refinancing, or permanent financing of the property. Include
loans secured by hospitals, golf courses, recreational
facilities, and car washes unless the property is owned by
an investor who leases the property to the operator who,
in turn, is not related to or affiliated with the investor (in
which case, the loan should be reported in Schedule
HC-C, item 1(e)(2), below). Also include loans secured
by churches unless the property is owned by an investor
who leases the property to the congregation (in which
case, the loan should be reported in Schedule HC-C, item
1(e)(2), below).
Line Item 1(e)(2) Loans secured by other nonfarm
nonresidential properties.
Report in column B the amount of nonfarm nonresidential real estate loans that are not secured by owneroccupied nonfarm nonresidential properties.
“Loans secured by other nonfarm nonresidential properties” are those nonfarm nonresidential property loans
where the primary source of repayment is derived from
rental income associated with the property (i.e., loans for
which 50 percent or more of the source of repayment
comes from third party, nonaffiliated, rental income) or
the proceeds of the sale, refinancing, or permanent
financing of the property. Include loans secured by
hotels, motels, dormitories, nursing homes, assistedliving facilities, mini-storage warehouse facilities, and
similar properties in this item as loans secured by other
nonfarm nonresidential properties.
Line Item 2 Loans to depository institutions and
acceptances of other banks.
For holding companies with only domestic offices:
Report in column A in the appropriate subitem loans to
U.S. addressees and loans to non-U.S. addressees. Report
the total in column B.
HC-C-8

For holding companies with domestic and foreign
offices: Report in column B the total of loans to depository institutions in the domestic offices of the reporting
consolidated holding companies. Report in column A, on
a fully consolidated basis, the breakdown between loans
to U.S. addressees and loans to non-U.S. addressees.
Report all loans (other than those that meet the definition
of a ‘‘loan secured by real estate’’), including overdrafts
to banks, other depository institutions, and other associations, companies, and financial intermediaries whose
primary business is to accept deposits and to extend
credit for business or for personal expenditure purposes
and holdings at all bankers’ acceptances accepted by
other banks and not held for trading.
Depository institutions cover:
(1) Commercial banks in the U.S., including:
(a) U.S. branches and agencies of foreign banks, U.S.
branches and agencies of foreign official banking
institutions, and investment companies that are
chartered under Article XII of the New York
State banking law and are majority-owned by one
more foreign banks; and
(b) all other commercial banks in the U.S., i.e., U.S.
branches of U.S. banks;
(2) Depository institutions in the U.S., other than commercial banks, including:
(a) credit unions;
(b) mutual or stock savings banks;
(c) savings or building and loan associations;
(d) cooperative banks; and
(e) other similar depository institutions; and
(3) Banks in foreign countries, including:
(a) foreign-domiciled branches of other U.S. banks;
and
(b) foreign-domiciled branches of foreign banks.
See the Glossary entry for ‘‘banks, U.S. and
foreign’’ and ‘‘depository institutions in the U.S.’’
for further discussion of these terms.
Include the following as loans to depository institutions
and acceptances of other banks:
Schedule HC-C

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Schedule HC-C

(1) Loans to depository institutions for the purpose of
purchasing or carrying securities.
(2) Loans to depository institutions for which the collateral is a mortgage instrument and not the underlying
real property. Report loans to depository institutions
where the collateral is the real estate itself, as evidenced by mortgages or similar liens, in item 1.
(3) Purchases of mortgages and other loans under agreements to resell that do not involve the lending of
immediately available funds or that mature in more
than one business day, if acquired from depository
institutions.
(4) The acceptances of the consolidated subsidiary banks
of the reporting holding company discounted and
held in their portfolios when the account party is
another depository institution.
(5) Any borrowing or lending of immediately available
funds that matures in more than one business day,
other than security repurchase and resale agreements.
Such transactions are sometimes referred to as ‘‘term
federal funds.’’
Exclude the following from loans to depository
institutions:
(1) All transactions reported in Schedule HC, item 3,
‘‘Federal funds sold and securities purchased under
agreements to resell.’’
(2) Loans secured by real estate, even if extended to
depository institutions (report in item 1).

(8) Loans to lenders other than brokers, dealers, and
banks whose principal business is to extend credit
for the purpose of purchasing or carrying securities
(as described in Federal Reserve Regulation U)
and loans to ‘‘plan lenders’’ (as defined in Federal
Reserve Regulation G) (report in Schedule HC-C,
item 9(b)(1)).
(9) Loans to federally sponsored lending agencies
(report in Schedule HC-C, item 9(a)). (Refer to the
Glossary entry for ‘‘federally sponsored lending
agency’’ for the definition of this term.)
(10) Dollar exchange acceptances created by foreign
governments and official institutions (report in
Schedule HC-C, item 7).
(11) Loans to foreign governments and official institutions, including foreign central banks (report in
Schedule HC-C, item 7). See the Glossary entry for
‘‘foreign governments and official institutions’’ for
the definition of this term.
(12) Acceptances accepted by the reporting holding
company, discounted, and held in its portfolio, when the account party is not another depository institution. Report such acceptances in other
items of Schedule HC-C, according to the account
party.
Line Item 2(a) To U.S. banks and other U.S.
depository institutions.

(4) Loans to real estate investment trusts and to mortgage companies that specialize in mortgage loan
originations and warehousing or in mortgage loan
servicing (report in Schedule HC-C, item 9(a)).

Report in this item for the fully consolidated holding
company all loans and acceptances and all other instruments evidencing loans (except those secured by real
estate) to depository institutions chartered and headquartered in the U.S. (including U.S.-chartered banks owned
by foreigners), but excluding U.S. branches and agencies
of foreign banks. Include in this item loans to both the
U.S. and foreign branches of U.S. banks. U.S. depository
institutions cover the following:

(5) Loans to finance companies and insurance companies (report in Schedule HC-C, item 9(a)).

(1) U.S. commercial banks and their branches, wherever
located; and

(6) Loans to brokers and dealers in securities, investment companies, and mutual funds (report in Schedule HC-C, item 9(b)(1)).

(2) other depository institutions in the U.S., i.e.,

(3) Loans to holding companies of depository institutions not owned or controlled by the reporting
holding company (report in Schedule HC-C,
item 9(a)).

(7) Loans to Small Business Investment Companies
(report in Schedule HC-C, item 9(a)).
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Schedule HC-C

June 2014

(a) credit unions;
(b) mutual or stock savings banks;
(c) savings or building and loan associations;
HC-C-9

Schedule HC-C

(d) cooperative banks; and
(e) other similar depository institutions.
Line Item 2(b) To foreign banks.
Report in this item all loans and acceptances and other
instruments evidencing loans to both the U.S. and foreign
branches of banks chartered and headquartered in a
foreign country. Foreign banks cover the following:
(1) U.S. branches and agencies of foreign banks and
(2) foreign-domiciled branches of foreign banks.
For purposes of these reports, U.S. branches and agencies
of foreign banks include U.S. branches and agencies
of foreign official banking institutions and investment
companies that are chartered under Article XII of the
New York State banking law and that are majority-owned
by one or more foreign banks.
(See the Glossary entry for ‘‘banks, U.S. and foreign’’ for
further discussion of these terms.)
Exclude the following from this item:
(1) dollar exchange acceptances created by foreign governments and official institutions (report in item 7);
and
(2) loans to foreign governments and official institutions,
including foreign central banks (report in item 7).
(See the Glossary entry for ‘‘foreign governments and
official institutions’’ for the definition of this term.)
Also report in this item the holding company’s holdings
of all bankers acceptances accepted by other banks (both
U.S. and non-U.S. banks) and not held in trading accounts.
Acceptances accepted by other banks may be purchased
in the open market or discounted by the reporting holding
company or its consolidated subsidiaries. (For further
information, see the Glossary entry for ‘‘bankers’ acceptances.’’)
Exclude acceptances accepted by the consolidated subsidiary banks of the reporting holding company, discounted,
and held in their portfolios. Such acceptances are to be
reported in other items of this schedule according to the
account party.

such loans whether secured (other than those that meet
the definition of a ‘‘loan secured by real estate’’) or
unsecured and whether made to farm and ranch owners
and operators (including tenants) or to nonfarmers. All
other loans to farmers, other than those excluded below,
should also be reported in this item.
Include the following as loans to finance agricultural
production and other loans to farmers:
(1) Loans and advances made for the purpose of financing
agricultural production, including the growing and
storing of crops, the marketing or carrying of agricultural products by the growers thereof, and the breeding, raising, fattening, or marketing of livestock.
(2) Loans and advances made for the purpose of financing
fisheries and forestries, including loans to commercial fishermen.
(3) Agricultural notes and other notes of farmers that the
holding company has discounted for, or purchased
from, merchants and dealers, either with or without
recourse to the seller.
(4) Loans to farmers that are guaranteed by the Farmers
Home Administration (FmHA) or by the Small Business Administration (SBA) and that are extended,
serviced, and collected by a party other than the
FmHA or SBA. Include SBA ‘‘Guaranteed Interest
Certificates,’’ which represent a beneficial interest in
the entire SBA-guaranteed portion of an individual
loan, provided the loan is for the financing of agricultural production or other lending to farmers. (Exclude
SBA ‘‘Guaranteed Loan Pool Certificates,’’ which
represent an undivided interest in a pool of SBAguaranteed portions of loans. SBA ‘‘Guaranteed Loan
Pool Certificates’’ should be reported as securities in
Schedule HC-B, item 2.a, or, if held for trading, in
Schedule HC, item 5.)
(5) Loans and advances to farmers for purchases of farm
machinery, equipment, and implements.
(6) Loans and advances to farmers for all other purposes
associated with the maintenance or operations of the
farm, including the following:

Line Item 3 Loans to finance agricultural
production and other loans to farmers.

(a) purchases of private passenger automobiles and
other retail consumer goods; and

Report in columns A and B, as appropriate, loans for the
purpose of financing agricultural production. Include

(b) provisions for the living expenses of farmers or
ranchers and their families.

HC-C-10

Schedule HC-C

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Schedule HC-C

Loans to farmers for household, family, and other personal expenditures (including credit cards and related
plans) that are not readily identifiable as being made to
farmers need not be broken out of item 6 for inclusion in
this item.
Exclude the following from loans to finance agricultural
production and other loans to farmers:
(1) Loans secured by real estate (report in item 1).
(2) Loans to farmers for commercial and industrial purposes, e.g., when a farmer is operating a business
enterprise as well as a farm (report in item 4).
(3) Loans to farmers for the purpose of purchasing or
carrying stocks, bonds, and other securities (report in
Schedule HC-C, item 9(b)(1)).
(4) Loans to farmers secured by oil or mining production
payments (report in item 4).
(5) Notes insured by the Farmers Home Administration
(FmHA) and instruments (certificates of beneficial
ownership, insured note insurance contracts) representing an interest in FmHA-insured notes (report
in Schedule HC-B, item 2, ‘‘U.S. government agency
obligations’’). Such notes and instruments are backed
by loans made, serviced, and collected by the FmHA
and were issued prior to January 1, 1975.
Line Item 4

Commercial and industrial loans.

For holding companies with domestic offices only:
Report in column A in the appropriate subitem loans to
U.S. addressees and loans to non-U.S. addressees. Report
the total in column B.
For holding companies with domestic and foreign
offices: Report in column B the total of commercial and
industrial loans for the domestic offices only of the
reporting consolidated holding companies. Report in
column A, on a fully consolidated basis, the breakdown
between loans to U.S. addressees and loans to non-U.S.
addressees.
Report loans for commercial and industrial purposes to
sole proprietorships, partnerships, corporations, and other
business enterprises, whether secured (other than those
that meet the definition of a ‘‘loan secured by real
estate’’) or unsecured, single-payment, or installment.
These loans may take the form of direct or purchased
loans.
FR Y-9C
Schedule HC-C

June 2014

Include the acceptances of the consolidated banking
subsidiaries of the reporting holding company that they
hold in their portfolio when the account party is a
commercial or industrial enterprise. Also include loans to
individuals for commercial, industrial, and professional
purposes but not for investment or personal expenditure.
Exclude all commercial and industrial loans held in
trading accounts.
Include loans of the types listed below. These descriptions may overlap and are not all inclusive.
(1) Loans for commercial, industrial, and professional
purposes to
(a) mining, oil- and gas-producing, and quarrying
companies;
(b) manufacturing companies of all kinds, including those that process agricultural
commodities;
(c) construction companies;
(d) transportation and communications companies
and public utilities;
(e) wholesale and retail trade enterprises and other
dealers in commodities;
(f) cooperative associations including farmers’
cooperatives;
(g) service enterprises such as hotels, motels, laundries, automotive service stations, and nursing
homes and hospitals operated for profit;
(h) insurance agents; and
(i) practitioners of law, medicine, and public
accounting.
(2) Loans for the purpose of financing capital expenditures and current operations.
(3) Loans to business enterprises guaranteed by the
Small Business Administration (SBA). Include
SBA ‘‘Guaranteed Interest Certificates,’’ which represent a beneficial interest in the entire SBAguaranteed portion of an individual loan, provided
the loan is for commercial and industrial purposes.
(Exclude SBA ‘‘Guaranteed Loan Pool Certificates,’’ which represent an undivided interest in a
pool of SBA-guaranteed portions of loans. SBA
‘‘Guaranteed Loan Pool Certificates’’ should be
HC-C-11

Schedule HC-C

reported as securities in Schedule HC-B, item 2.a,
or, if held for trading, in Schedule HC, item 5.)
(4) Loans to farmers for commercial and industrial
purposes (when farmers operate a business enterprise as well as a farm).
(5) Loans supported by letters of commitment from the
Agency for International Development.

(4)
(5)

(6)

(6) Loans made to finance construction that do not
meet the definition of a ‘‘loan secured by real
estate.’’
(7) Loans to merchants or dealers on their own promissory notes secured by the pledge of their own
installment paper.
(8) Loans extended under credit cards and related plans
that are readily identifiable as being issued in the
name of a commercial or industrial enterprise.

(7)

(8)

(9) Dealer flooring or floor-plan loans.
(10) Loans collateralized by production payments (e.g.,
oil or mining production payments). Treat as a loan
to the original seller of the production payment
rather than to the holder of the production payment.
For example, report in this item, as a loan to an oil
company, a loan made to a nonprofit organization
collateralized by an oil production payment; do not
include in item 9 as a loan to the nonprofit
organization.
(11) Loans and participations in loans secured by conditional sales contracts made to finance the purchase
of commercial transportation equipment.
(12) Commercial and industrial loans guaranteed by
foreign governmental institutions.
(13) Overnight lending for commercial and industrial
purposes.
Exclude the following from commercial and industrial
loans:
(1) Loans that meet the definition of a ‘‘loan secured by
real estate,’’ even if for commercial and industrial
purposes (report in item 1).
(2) Loans to depository institutions (report in item 2).
(3) Loans to nondepository financial institutions such
as real estate investment trusts, mortgage compaHC-C-12

(9)
(10)

nies, and insurance companies (report in Schedule
HC-C, item 9(a)).
Loans for the purpose of purchasing or carrying
securities (report in Schedule HC-C, item 9(b)(1)).
Loans for the purpose of financing agricultural
production, whether made to farmers or to nonagricultural businesses (report in item 3).
Loans to nonprofit organizations, such as hospitals
or educational institutions (report in Schedule HC-C,
item 9(b)(2)), except those for which oil or mining
production payments serve as collateral that are to
be reported in this item.
Holdings of acceptances accepted by other banks,
i.e., that are not consolidated on this report by the
reporting holding company (report in item 2).
Holdings of acceptances of banking subsidiaries of
the consolidated holding company when the account
party is another bank (report in item 2) or a foreign
government or official institution (report in item 7).
Equipment trust certificates (report in Schedule HC-B, item 7, or HC-F item 4, as appropriate).
Any commercial or industrial loans and bankers
acceptances, held in the holding company’s trading
accounts (report in Schedule HC, item 5, ‘‘Trading
assets’’).

(11) Commercial paper (report in Schedule HC-B or
Schedule HC-D, as appropriate).
Line Item 4(a) To U.S. addressees (domicile).
Report in column A, as appropriate, all commercial and
industrial loans to U.S. addressees. (For a detailed discussion of U.S. and non-U.S. addressees, see the Glossary
entry for ‘‘domicile.’’)
Line Item 4(b) To non-U.S. addressees (domicile).
Report in column A, as appropriate, all commercial and
industrial loans to non-U.S. addressees. (For a detailed
discussion of U.S. and non-U.S. addressees, see the
Glossary entry for ‘‘domicile.’’)
Line Item 5 Not applicable.
Line Item 6 Loans to individuals for household,
family, and other personal expenditures (i.e.,
consumer loans) (includes purchased paper).
For holding companies with foreign offices, report the
amount outstanding of loans to individuals for household, family, and personal expenditures in domestic
Schedule HC-C

FR Y-9C
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Schedule HC-C

offices in column B. Report in column A, on a fully
consolidated basis, the breakdown between credit cards,
other revolving credit plans, and other consumer loans.

assets included in the securitization structure less the
principal amount of those assets attributable to investors,
i.e., in the form of securities issued to investors.

For holding companies with domestic offices only, report
in column A in the appropriate subitem below credit
cards, other revolving credit plans, and other consumer
loans. Report the total in column B.

Do not net credit balances resulting from overpayment
of account balances on credit cards. Report credit balances
in Schedule HC-E, items 1(a) or 2(a), as appropriate.

Report in the appropriate subitem all credit cards, other
revolving credit plans, and other loans to individuals for
household, family, and personal expenditures. Include
all loans to individuals for household, family, and other
personal expenditures that does not meet the definition of
a ‘‘loan secured by real estate,’’ whether direct loans or
purchased paper. Exclude loans to individuals for the
purpose of purchasing or carrying securities (report in
Schedule HC-C, item 9(b)(1)).
Deposits accumulated by borrowers for the payment of
personal loans (i.e., hypothecated deposits) should be
netted against the related loans.
Line Item 6(a) Credit cards.
Report all extensions of credit to individuals for household, family, and other personal expenditures arising
from credit cards. Report the total amount outstanding of
all funds advanced under these credit cards regardless
of whether there is a period before interest charges are
made. Report the total amount outstanding of all funds
advanced under these credit card plans, regardless of
whether there is a period before interest charges are
made. Report only amounts carried on the books of the
reporting holding company as loans that are outstanding
on the report date, even if the plan is shared with other
organizations and even if accounting and billing are done
by a correspondent bank or the accounting center of a
plan administered by others.
If the reporting holding company has securitized credit
cards and has retained a seller’s interest that is not in the
form of a security, the carrying value of the seller’s
interest should be reported as credit card loans in this
item. For purposes of these reports, the term ‘‘seller’s
interest’’ means the reporting holding company’s ownership interest in loans that have been securitized, except an
interest that is a form of recourse or other seller-provided
credit enhancement. Seller’s interests differ from the
securities issued to investors by the securitization structure. The principal amount of a seller’s interest is generally equal to the total principal amount of the pool of
FR Y-9C
Schedule HC-C

June 2014

Exclude from credit cards:
(1) Credit extended under credit plans to business enterprises (report in Schedule HC-C, item 4, ‘‘Commercial and industrial loans’’).
(2) All credit extended to individuals through credit
cards that meet the definition of a ‘‘loan secured by
real estate’’ (report in Schedule HC-C, item 1).
(3) All credit extended to individuals for household,
family, and other personal expenditures under prearranged overdraft plans (report in Schedule HC-C,
item 6(b)).
If the holding company acts only as agent or correspondent for the other banks or nonbank corporations and
carries no credit card or related plan assets on its books,
enter a ‘‘zero.’’ Holding companies that do not participate
in any such plan should also enter a zero.
Line Item 6(b) Other revolving credit plans.
Report all extensions of credit to individuals for household, family, and other personal expenditures arising
from prearranged overdraft plans and other revolving
credit plans not accessed by credit cards. Report the total
amount outstanding of all funds advanced under these
revolving credit plans, regardless of whether there is a
period before interest charges are made.
Do not net balances resulting from overpayment of
account balances on revolving credit plans. Report credit
balances in Schedule HC-E, items 1(a) and 2(a) as
appropriate.
Exclude from other revolving credit plans:
(1) All ordinary (unplanned) overdrafts on transaction
accounts not associated with check credit or revolving credit operations (report in other items of Schedule HC-C as appropriate).
(2) Credit extended to individuals for household, family,
and other personal expenditures arising from credit
cards (report in Schedule HC-C, item 6(a)).
HC-C-13

Schedule HC-C

Line Item 6(c) Automobile loans.
Report all consumer loans extended for the purpose of
purchasing new and used passenger cars and other vehicles such as minivans, vans, sport-utility vehicles, pickup
trucks, and similar light trucks for personal use. Include
both direct and indirect consumer automobile loans as
well as retail installment sales paper purchased by the
bank from automobile dealers.
Exclude from automobile loans:
(1) Loans that meet the definition of a ‘‘loan secured by
real estate,’’ even if extended for the purpose of
purchasing an automobile.
(2) Consumer loans for purchases of, or otherwise
secured by, motorcycles, recreational vehicles, golf
carts, boats, and airplanes (report in Schedule HC-C,
item 6.d).

loans secured by automobiles already paid for and consumer loans where the purchase of an automobile is not
the primary purpose of the loan (report in Schedule
HC-C, item 6(d)).
Line Item 6(d) Other consumer loans.
Report all other loans to individuals for household,
family, and other personal expenditures (other than those
that meet the definition of a ‘‘loan secured by real estate’’
and other than those for purchasing or carrying securities). Include loans for such purposes as:
(1) purchases of household appliances, furniture, trailers,
and boats;
(2) repairs or improvements to the borrower’s residence
(that do not meet the definition of a ‘‘loan secured by
real estate’’);

(3) Personal cash loans secured by automobiles already
paid for (report in Schedule HC-C, item 6(d)).

(3) educational expenses, including student loans;

(4) Vehicle flooring or floor-plan loans (report in Schedule HC-C, item 4).

(5) personal taxes;

(5) Loans to finance purchases of passenger cars and
other vehicles for commercial, industrial, state or
local government, or other nonpersonal nonagricultural use (report in Schedule HC-C, item 4, item 8, or
item 9, as appropriate).
(6) Loans to finance vehicle fleet sales (report in Schedule HC-C, item 4).
(7) Loans to farmers for purchases of passenger cars and
other vehicles used in association with the maintenance or operations of the farm, and loans for
purchases of farm equipment (report in Schedule
HC-C, item 3).
(8) Consumer automobile lease financing receivables
(report in Schedule HC-C, item 10(a)).
All loans to individuals for household, family, and other
personal expenditures (i.e., consumer loans) originated or
purchased before April 1, 2011, that are collateralized by
automobiles, regardless of the purpose of the loan, may
be classified as automobile loans for purposes of this
schedule and other schedules in which information on
automobile loans is to be reported. For consumer loans
originated or purchased on or after April 1, 2011, banks
should exclude from automobile loans any personal cash
HC-C-14

(4) medical expenses;
(6) vacations;
(7) consolidation of personal (nonbusiness) debts;
(8) purchases of real estate or mobile homes to be used
as a residence by the borrower’s family (that do not
meet the definition of a ‘‘loan secured by real
estate’’); and
(9) other personal expenditures.
Other consumer loans may take the form of:
(1) Installment loans, demand loans, single payment
time loans, and hire purchase contracts (for purposes
other than retail sales of passenger cars and other
vehicles such as minivans, vans, sport-utility vehicles, pickup trucks, and similar light trucks for
personal use), and should be reported as loans to
individuals for household, family, and other personal
expenditures regardless of size or maturity and
regardless of whether the loans are made by the
consumer loan department or by any other department of the holding company.
(2) Retail installment sales paper purchased by the holding company from merchants or dealers (other than
dealers of passenger cars and other vehicles such as
minivans, vans, sport-utility vehicles, pickup trucks,
Schedule HC-C

FR Y-9C
June 2014

Schedule HC-C

and similar light trucks), finance companies, and
others.
Exclude from other consumer loans:
(1) All direct and purchased loans, regardless of purpose,
that meet the definition of a ‘‘loan secured by real
estate’’ as evidenced by mortgages, deeds of trust,
land contracts, or other instruments, whether first or
junior liens (e.g., equity loans, second mortgages), on
real estate (report in Schedule HC-C, item 1).
(2) Loans to individuals that do not meet the definition of
a ‘‘loan secured by real estate’’ for the purpose of
investing in real estate when the real estate is not to
be used as a residence or vacation home by the
borrower or by members of the borrower’s family
(report as all other loans in Schedule HC-C, item
9(b)).
(3) Loans to individuals for commercial, industrial,
and professional purposes and for ‘‘floor plan’’ or
other wholesale financing (report in Schedule HC-C,
item 4).
(4) Loans to individuals for the purpose of purchasing
or carrying securities (report in Schedule HC-C, item
9(b)).
(5) Loans to individuals for investment (as distinct from
commercial, industrial, or professional) purposes
other than those for purchasing or carrying securities
(report as all other loans in Schedule HC-C, item
9(b)).
(6) Loans to merchants, automobile dealers, and finance
companies on their own promissory notes, secured
by the pledge of installment paper or similar instruments (report in Schedule HC-C, item 4, or as loans
to nondepository financial institutions in Schedule
HC-C, item 9(a), as appropriate).

(c) Retail sales of passenger cars and other vehicles
such as minivans, vans, sport-utility vehicles,
pickup trucks, and similar light trucks for personal use (report in Schedule HC-C, item 6(c)).
Line Item 7 Loans to foreign governments and
official institutions.
Report (in columns A and B when appropriate) all loans
(other than those secured by real estate), including
planned and unplanned overdrafts, to governments in
foreign countries, to their official institutions, and to
international and regional institutions. (See the Glossary
entry for ‘‘foreign governments and official institutions’’
for the definition of this term.)
Include bankers acceptances accepted by the subsidiary
banks of the reporting holding company and held in their
portfolio when the account party is a foreign government
or official institution, including such acceptances for the
purpose of financing dollar exchange. Exclude acceptances that are held in trading accounts.
Include loans to foreign governments, official institutions,
and international and regional institutions (other than
those that meet the definition of a ‘‘loan secured by real
estate’’), including planned and unplanned overdrafts.
Exclude the following from loans to foreign governments
and official institutions:
(1) Loans to nationalized banks and other banking institutions owned by foreign governments and not
functioning as central banks, banks of issue, or
development banks (report in item 2 above).
(2) Loans to U.S. branches and agencies of foreign
official banking institutions (report as a loan to a
commercial bank in the U.S. in item 2).
(3) Loans to foreign-government-owned nonbank corporations and enterprises (report in item 4 or 9, as
appropriate).

(7) Loans to farmers, regardless of purpose, to the extent
that can be readily identified as such loans (report in
Schedule HC-C, item 3).

Line Item 8 Not applicable.

(8) All credit extended to individuals for household,
family, and other personal expenditures arising from:

Line Item 9 Loans to nondepository financial
institutions and other loans.

(a) Credit cards (report in Schedule HC-C, item
6(a));
(b) Prearranged overdraft plans (report in Schedule
HC-C, item 6(b)); and
FR Y-9C
Schedule HC-C

June 2014

Report in columns A and B, as appropriate, loans to
nondepository financial institutions, loans for purchasing
or carrying securities, and all other loans that cannot
properly be reported in one of the preceding items in this
schedule.
HC-C-15

Schedule HC-C

Loans to nondepository financial institutions include:
(1) Loans (other than those that meet the definition of a
‘‘loan secured by real estate’’) to real estate investment trusts and to mortgage companies that specialize in mortgage loan originations and warehousing or
in mortgage loan servicing. (Exclude outright purchases of mortgages or similar instruments by the
holding company from such companies, which unless held for trading - are to be reported in
Schedule HC-C, item 1.)
(2) Loans to other unrelated holding companies.
(3) Loans to insurance companies.
(4) Loans to finance companies, mortgage finance companies, factors and other financial intermediaries,
short-term business credit institutions that extend
credit to finance inventories or carry accounts receivable, and institutions whose functions are predominantly to finance personal expenditures (exclude
loans to financial corporations whose sole function is
to borrow money and relend it to its affiliated companies or a corporate joint venture in which an affiliated
company is a joint venturer).
(5) Loans to federally-sponsored lending agencies (see
the Glossary entry for ‘‘federally-sponsored lending
agency’’ for the definition of this term).
(6) Loans to investment banks.
(7) Loans and advances made to a bank subsidiary’s own
trust department.
(8) Loans to other domestic and foreign financial intermediaries whose functions are predominantly the
extending of credit for business purposes, such as
investment companies that hold stock of operating
companies for management or development purposes.
(9) Loans to Small Business Investment Companies.
Other loans include (1) loans for purchasing or carrying
securities and (2) all other loans, as described below.
Loans for purchasing or carrying securities include:
(1) All loans to brokers and dealers in securities (other
than those that meet the definition of a ‘‘loan secured
by real estate’’ and those to depository institutions).
HC-C-16

(2) All loans, whether secured (other than those that
meet the definition of a ‘‘loan secured by real estate’’)
or unsecured, to any other borrower for the purpose
of purchasing or carrying securities, such as:
(a) Loans made to provide funds to pay for the
purchase of securities at settlement date.
(b) Loans made to provide funds to repay indebtedness incurred in purchasing securities.
(c) Loans that represent the renewal of loans to
purchase or carry securities.
(d) Loans to investment companies and mutual funds,
but excluding loans to Small Business Investment Companies.
(e) Loans to ‘‘plan lenders’’ as defined in Section
221.4(a) of Federal Reserve Regulation U.
(f) Loans to Employee Stock Ownership Plans
(ESOPs).
For purposes of this report, the purpose of a loan
collateralized by ‘‘stock’’ is determined as follows:
(a) For loans that are collateralized in whole or in
part by ‘‘margin stock,’’ as defined by Federal
Reserve Regulation U, the purpose of the loan is
determined by the latest Statement of Purpose
(Form FR U-1) on file.
(b) For loans that are collateralized by ‘‘stock’’ other
than ‘‘margin stock,’’ the holding company may
determine the purpose of the loan according to
the most current information available.
Exclude from loans for purchasing or carrying securities:
(1) Loans to banks in foreign countries that act as
brokers and dealers in securities (report in Schedule
HC-C, item 2).
(2) Loans to depository institutions for the purpose of
purchasing or carrying securities (report Schedule
HC-C, item 2).
(3) Transactions reportable in Schedule HC, item 3,
‘‘Federal funds sold and securities purchased under
agreements to resell.’’
(4) Loans that meet the definition of a ‘‘loan secured by
real estate’’ (report in Schedule HC-C, item 1).
All other loans include all loans and discounts (other than
Schedule HC-C

FR Y-9C
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Schedule HC-C

loans to nondepository financial institutions and loans for
purchasing or carrying securities) that cannot properly be
reported in one of the preceding items in Schedule HC-C,
such as:
(1) Unplanned overdrafts to deposit accounts (except
overdrafts of depository institutions, which are to be
reported in Schedule HC-C, item 2; and overdrafts of
foreign governments and official institutions, which
are to be reported in Schedule HC-C, item 7.
(2) Loans (other than those that meet the definition of a
‘‘loan secured by real estate’’) to nonprofit organizations (e.g., churches, hospitals, educational and charitable institutions, clubs, and similar associations)
except those collateralized by production payments
where the proceeds ultimately go to a commercial or
industrial organization (which are to be reported in
Schedule HC-C, item 4).
(3) Loans to individuals for investment purposes (as
distinct from commercial, industrial, or professional
purposes), other than those that meet the definition of
a ‘‘loan secured by real estate.’’
(4) Obligations (other than securities and leases) of
states and political subdivisions in the U.S.
Exclude from all other loans extensions of credit initially
made in the form of planned or ‘‘advance agreement’’
overdrafts other than those made to borrowers of the
types whose obligations are specifically reportable in this
item (report such planned overdrafts in other items of
Schedule HC-C, as appropriate). For example, report
advances to banks in foreign countries in the form of
‘‘advance agreement’’ overdrafts as loans to depository
institutions in Schedule HC-C, item 2, and overdrafts
under consumer check-credit plans as ‘‘Other revolving
credit plans’’ to individuals in Schedule HC-C, item 6(b).
Report both planned and unplanned overdrafts on ‘‘due
to’’ deposit accounts of depository institutions in Schedule HC-C, item 2.
Line Item 9(a) Loans to nondepository financial
institutions.
Report in columns A and B, as appropriate, all loans to
nondepository financial institutions as described above.
Line Item 9(b)

Other loans.

Line Item 9(b)(1)) Loans for purchasing or
carrying securities.
Report in columns A and B, as appropriate, all loans for
purchasing or carrying securities as described above.
FR Y-9C
Schedule HC-C

June 2014

Line Item 9(b)(2)

All other loans.

Report in columns A and B, as appropriate, all other
loans as described above.
Line Item 10 Lease financing receivables (net of
unearned income).
Report all outstanding balances relating to direct financing and leveraged leases on property acquired by the
holding company for leasing purposes. Report the total
amount of these leases in domestic offices in column B
and a breakdown of these leases for the fully consolidated holding company between leases to individuals for
household, family, and other personal expenditures and
all other leases. These balances should include the estimated residual value of leased property and must be net
of unearned income. For further discussion of leases
where the holding company is the lessor, refer to the
Glossary entry for “lease accounting.”
Include all leases to states and political subdivisions in
the U.S. in this item.
Line Item 10(a) Leases to individuals for
household, family, and other personal expenditures.
Report in column A all outstanding balances relating to
direct financing and leveraged leases on property acquired
by the fully consolidated holding company for leasing to
individuals for household, family, and other personal
expenditures (i.e., consumer leases). For further information on extending credit to individuals for consumer
purposes, refer to the instructions for Schedule HC-C,
item 6(c), “Other consumer loans.”
Line Item 10(b) All other leases.
Report in column A all outstanding balances relating to
all other direct financing and leveraged leases on property acquired by the fully consolidated holding company
for leasing to lessees other than for household, family,
and other personal expenditure purposes.
Line Item 11 LESS: Any unearned income on
loans reflected in items 1–9 above.
To the extent possible, the preferred treatment is to report
the specific loan categories net of both unearned income
and net unamortized loan fees. A reporting holding
company should enter in columns A and B of this item, as
appropriate, unearned income and net unamortized loan
fees only to the extend that these amounts are included in
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Schedule HC-C

(i.e., not deducted from) the various loan items (items 1
through 9) of this schedule. If a holding company reports
each loan item of this schedule net of both unearned
income and net unamortized loan fees, enter a zero in this
item.
Do not include net unamortized direct loan origination
costs in this item; such costs must be added to the related
loan balances reported in Schedule HC-C, items 1
through 9. In addition, do not include unearned income
on lease financing receivables in this item. Leases should
be reported net of unearned income in Schedule HC-C,
item 10.
Line Item 12 Total loans and leases, held for
investment and held for sale.
Report in columns A and B, as appropriate, the sum of
items 1 through 10 less the amount reported in item 11.
The total of column A must equal Schedule HC, sum of
items 4(a) and 4(b).

Memoranda
Line Item M1 Loans restructured in troubled
debt restructurings that are in compliance with
their modified terms.
Report in the appropriate subitem loans that have been
restructured in troubled debt restructurings and are in
compliance with their modified terms. As set forth in
ASC Subtopic 310-40, Receivables – Troubled Debt
Restructurings by Creditors (formerly FASB Statement
No. 15, Accounting by Debtors and Creditors for Troubled
Debt Restructurings,’’ as amended by FASB Statement
No. 114, Accounting by Creditors for Impairment of a
Loan), a troubled debt restructuring is a restructuring of a
loan in which a holding company, for economic or legal
reasons related to a borrower’s financial difficulties,
grants a concession to the borrower that it would not
otherwise consider. For purposes of this Memorandum
item, the concession consists of a modification of terms,
such as a reduction of the loan’s stated interest rate,
principal, or accrued interest or an extension of the loan’s
maturity date at a stated interest rate lower than the
current market rate for new debt with similar risk,
regardless of whether the loan is secured or unsecured
and regardless of whether the loan is guaranteed by the
government or by others.
Once an obligation has been restructured in a troubled
debt restructuring, it continues to be considered a troubled
HC-C-18

debt restructuring until paid in full or otherwise settled,
sold, or charged off. However, if a restructured obligation
is in compliance with its modified terms and the restructuring agreement specifies an interest rate that at the time
of the restructuring is greater than or equal to the rate that
the holding company was willing to accept for a new
extension of credit with comparable risk, the loan need
not continue to be reported as a troubled debt restructuring in this Memorandum item in calendar years after the
year in which the restructuring took place. A loan
extended or renewed at a stated interest rate equal to the
current interest rate for new debt with similar risk is not
considered a troubled debt restructuring. Also, a loan to a
third party purchaser of ‘‘other real estate owned’’ by the
reporting holding company for the purpose of facilitating
the disposal of such real estate is not considered a
troubled debt restructuring. For further information, see
the Glossary entry for ‘‘troubled debt restructurings.’’
Include in the appropriate subitem all loans restructured
in troubled debt restructurings as defined above that are
in compliance with their modified terms, that is, restructured loans (1) on which all contractual payments of
principal or interest scheduled that are due under the
modified repayment terms have been paid or (2) on
which contractual payments of both principal and interest
scheduled under the modified repayment terms are less
than 30 days past due.
Exclude from this item (1) those loans restructured in
troubled debt restructurings on which under their modified repayment terms either principal or interest is 30
days or more past due and (2) those loans restructured in
troubled debt restructurings that are in nonaccrual status
under their modified repayment terms. Report such loans
restructured in troubled debt restructurings in the category and column appropriate to the loan in Schedule
HC-N, items 1 through 8, column A, B, or C, and in
Schedule HC-N, Memoranda items 1(a) through 1(f),
column A, B, or C.
Loan amounts should be reported net of unearned income
to the extent that they are reported net of unearned
income in Schedule HC-C.
Line Item M1(a) Construction, land development,
and other land loans (in domestic offices):
Line Item M1(a)(1)

1-4 family construction loans.

Report all loans secured by real estate for the purpose of
constructing 1-4 family residential properties (as defined
Schedule HC-C

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June 2014

Schedule HC-C

for Schedule HC-C, item 1(a)(1), column B) that have
been restructured in troubled debt restructurings and are
in compliance with their modified terms. Exclude from
this item 1-4 family construction loans restructured in
troubled debt restructurings that, under their modified
repayment terms, are past due 30 days or more or are in
nonaccrual status (report in Schedule HC-N, item 1(a)(1)
and Memorandum item 1(a)(1)).

item loans secured by multifamily residential properties
restructured in troubled debt restructurings that, under
their modified repayment terms, are past due 30 days or
more or are in nonaccrual status (report in Schedule
HC-N, item 1(d) and Memorandum item 1(c)).

Line Item M1(a)(2) Other construction loans and
all land development and other land loans.

Line Item M1(d)(1)) Loans secured by
owner-occupied nonfarm nonresidential properties.

Report all construction loans for purposes other than
constructing 1-4 family residential properties, all land
development loans, and all other land loans (as defined
for Schedule HC-C, item 1(a)(2), column B) that have
been restructured in troubled debt restructurings and are
in compliance with their modified terms. Exclude from
this item other construction loans and all land development and other land loans restructured in troubled debt
restructurings that, under their modified repayment terms,
are past due 30 days or more or are in nonaccrual status
(report in Schedule HC-N, item 1(a)(2) and Memorandum item 1(a)(2)).

Report all loans secured by owner-occupied nonfarm
nonresidential properties (as defined for Schedule HC-C,
item 1(e)(1), column B) that have been restructured in
troubled debt restructurings and are in compliance with
their modified terms. Exclude from this item loans
secured by owner-occupied nonfarm nonresidential properties restructured in troubled debt restructurings that,
under their modified repayment terms, are past due 30
days or more or are in nonaccrual status (report in
Schedule HC-N, item 1(e)(1) and Memorandum item
1(d)(1)).

Line Item M1(b) Loans secured by 1-4 family
residential properties (in domestic offices).
Report all loans secured by 1-4 family residential properties (in domestic offices) (as defined for Schedule HC-C,
item 1(c), column B) that have been restructured in
troubled debt restructurings and are in compliance with
their modified terms. Exclude from this item loans
secured by 1-4 family residential properties restructured
in troubled debt restructurings that, under their modified
repayment terms, are past due 30 days or more or are in
nonaccrual status (report in Schedule HC-N, item 1(c)
and Memorandum item 1(b)). Also exclude from this
item all 1-4 family construction loans that have been
restructured in troubled debt restructurings and are in
compliance with their modified terms (report in Schedule
HC-C, Memorandum item 1(a)(1), above).
Line Item M1(c) Loans secured by multifamily (5
or more) residential properties (in domestic offices).
Report all loans secured by multifamily (5 or more)
residential properties (in domestic offices) (as defined for
Schedule HC-C, item 1(d), column B) that have been
restructured in troubled debt restructurings and are in
compliance with their modified terms. Exclude from this
FR Y-9C
Schedule HC-C

June 2014

Line Item M1(d) Secured by nonfarm
nonresidential properties (in domestic offices):

Line Item M1(d)(2) Loans secured by other
nonfarm nonresidential properties.
Report all loans secured by other nonfarm nonresidential
properties (as defined for Schedule HC-C, item 1(e)(2),
column B) that have been restructured in troubled debt
restructurings and are in compliance with their modified
terms. Exclude from this item loans secured by other
nonfarm nonresidential properties restructured in troubled
debt restructurings that, under their modified repayment
terms, are past due 30 days or more or are in nonaccrual
status (report in Schedule HC-N, item 1(e)(2) and Memorandum item 1(d)(2)).
Line Item M1(e)

Commercial and industrial loans.

Report all commercial and industrial loans (as defined for
Schedule HC-C, item 4) that have been restructured in
troubled debt restructurings and are in compliance with
their modified terms. Report a breakdown of these
restructured loans between those to U.S. and non-U.S.
addressees for the fully consolidated bank in Memorandum items 1(e)(1) and (2). Exclude commercial and
industrial loans restructured in troubled debt restructurings that, under their modified repayment terms, are past
due 30 days or more or are in nonaccrual status (report in
Schedule HC-N, item 4 and Memorandum item 1(e)).
HC-C-19

Schedule HC-C

Line Item M1(e)(1)

To U.S. addressees (domicile).

Report all commercial and industrial loans to U.S.
addressees (as defined for Schedule HC-C, item 4(a)) that
have been restructured in troubled debt restructurings and
are in compliance with their modified terms. Exclude
from this item commercial and industrial loans to U.S.
addressees restructured in troubled debt restructurings
that, under their modified repayment terms, are past due
30 days or more or are in nonaccrual status (report in
Schedule HC-N, item 4(a) and Memorandum item
1(e)(1)).
Line Item M1(e)(2)
(domicile).

To non-U.S. addressees

Report all commercial and industrial loans to non-U.S.
addressees (as defined for Schedule HC-C, item 4(b))
that have been restructured in troubled debt restructurings and are in compliance with their modified terms.
Exclude from this item commercial and industrial loans
to non-U.S. addressees restructured in troubled debt
restructurings that, under their modified repayment terms,
are past due 30 days or more or are in nonaccrual status.
Line Item M1(f)

All other loans.

Report all other loans that cannot properly be reported in
Memorandum items 1(a) through 1(e) above that have
been restructured in troubled debt restructurings and are
in compliance with their modified terms. Exclude from
this item all other loans restructured in troubled debt
restructurings that, under their modified repayment terms,
are past due 30 days or more or are in nonaccrual status
(report in Schedule HC-N).
Include in this item loans in the following categories that
have been restructured in troubled debt restructurings and
are in compliance with their modified terms:
(1) Loans secured by farmland (in domestic offices) (as
defined for Schedule HC-C, item 1.b, column B);
(2) Loans to depository institutions and acceptances of
other banks (as defined for Schedule HC-C, item 2);
(3) Loans to finance agricultural production and other
loans to farmers (as defined for Schedule HC-C, item
3);
(4) Loans to individuals for household, family, and other
personal expenditures (as defined for Schedule HC-C
item 6);
HC-C-20

(5) Loans to foreign governments and official institutions (as defined for Schedule HC-C, item 7);
(6) Obligations (other than securities and leases) of
states and political subdivisions in the U.S. (included
in Schedule HC-C, item 9(b)(2));
(7) Loans to nondepository financial institutions and
other loans (as defined for Schedule HC-C, item 9);
and
(8) Loans secured by real estate in foreign offices (as
defined for Schedule HC-C, item 1, column A).
Report in Schedule HC-C, Memorandum items 1(f)(1)
through 1(f)(3), each category of loans within ‘‘All other
loans’’ that have been restructured in troubled debt
restructurings and are in compliance with their modified
terms, and the dollar amount of loans in such category,
that exceeds 10 percent of total loans restructured in
troubled debt restructurings that are in compliance with
their modified terms (i.e., 10 percent of the sum of
Schedule HC-C, Memorandum items 1(a) through 1(f)).
Preprinted captions have been provided in Memorandum
items 1(f)(1) through 1(f)(3) for reporting the amount of
such restructured loans for the following loan categories
if the amount for a loan category exceeds the 10 percent
reporting threshold: Loans secured by farmland (in
domestic offices); Loans to finance agricultural production and other loans to farmers; (Consumer) Credit cards;
Automobile loans: and Other consumer loans.
Line Item M1(g) Total loans restructured in
troubled debt restructurings that are in compliance
with their modified terms.
Report the sum of Memorandum items 1.a.(1) through
(1.f.).
Line Item M2 Loans to finance commercial
real estate, construction, and land development
activities (not secured by real estate) included
in Schedule HC-C, items 4 and 9 above.
Report in this item loans to finance commercial and
residential real estate activities, e.g., acquiring, developing and renovating commercial and residential real
estate, that are reported in Schedule HC-C, item 4,
“Commercial and industrial loans,” and item 9, “Other
loans,” column A.
Schedule HC-C

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Schedule HC-C

Such loans generally may include:
(1) loans made for the express purpose of financing real
estate ventures as evidenced by loan documentation
or other circumstances connected with the loan; or
(2) loans made to organizations or individuals 80 percent
of whose revenue or assets are derived from or
consist of real estate ventures or holdings.
Exclude from this item all loans secured by real estate
that are reported in Schedule HC-C, item 1, above. Also
exclude loans to commercial and industrial firms where
the sole purpose for the loan is to construct a factory or
office building to house the company’s operations or
employees.
Line Item M3 Loans secured by real estate
to non-U.S. addressees (domicile) (included
in Schedule HC-C, item 1, column A)
Report the amount of loans secured by real estate to
non-U.S. addressees included in Schedule HC-C, item 1.
For a detailed discussion of U.S. and non-U.S. addressees, see the Glossary entry for ‘‘domicile.’’
Line Item M4 Outstanding credit card fees and
finance charges.
This item is to be completed by (1) holding companies
that, together with affıliated institutions, have outstanding credit card receivables that exceed $500 million as of
the report date or (2) holding companies that on a
consolidated basis are credit card specialty holding
companies.
Outstanding credit card receivables are the sum of:
(a) Schedule HC-C, item 6(a), column A;

(b) the sum of total loans (Schedule HC-C, item 12,
column A) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C)
divided by the sum of total assets (Schedule HC,
item 12) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C).
Report the amount of fees and finance charges included
in the amount of credit card receivables reported in
Schedule HC-C, item 6(a), column A.
Note: Memorandum items 5(a) and 5(b) are to be completed semiannually in the June and December reports
only.
Line Item M5 Purchased credit-impaired loans
held for investment accounted for in accordance
with ASC Subtopic 310-30.
Report in the appropriate subitem the outstanding balance and amount of ‘‘purchased credit-impaired loans’’
reported as held for investment in Schedule HC-C, items
1 through 9, and accounted for in accordance with ASC
Subtopic 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality (formerly
AICPA Statement of Position 03-3, Accounting for Certain Loans or Debt Securities Acquired in a Transfer).
Purchased credit-impaired loans are loans that a holding
company has purchased, including those acquired in a
purchase business combination, where there is evidence
of deterioration of credit quality since the origination of
the loan and it is probable, at the purchase date, that the
holding company will be unable to collect all contractually required payments receivable. Loans held for investment are those that the holding company has the intent
and ability to hold for the foreseeable future or until
maturity or payoff.

(b) Schedule HC-S, item 1, column C; and
(c) Schedule HC-S, item 6(a), column C.
Credit card specialty holding companies are defined as
those holding companies that on a consolidated basis
exceed 50 percent for the following two criteria:
(a) the sum of credit card loans (Schedule HC-C,
item 6(a), column A) plus securitized and sold
credit card receivables (Schedule HC-S, item 1,
column C) divided by the sum of total loans
(Schedule HC-C, item 12, column A) plus securitized and sold credit card receivables (Schedule
HC-S, item 1, column C); and
FR Y-9C
Schedule HC-C

June 2018

Line Item M5(a)

Outstanding balance.

Report the outstanding balance of all purchased creditimpaired loans reported as held for investment in Schedule HC-C, items 1 through 9. The outstanding balance is
the undiscounted sum of all amounts, including amounts
deemed principal, interest, fees, penalties, and other
under the loan, owed to the holding company at the report
date, whether or not currently due and whether or not any
such amounts have been charged off. However, the
outstanding balance does not include amounts that would
be accrued under the contract as interest, fees, penalties,
and other after the report date.
HC-C-21

Schedule HC-C

Line Item M5(b) Amount included in Schedule
HC-C, items 1 through 9.
Report the carrying amount (before any allowances
established after acquisition for decreases in cash flows
expected to be collected) of, i.e., the recorded investment
in, all purchased credit-impaired loans reported as held
for investment. The recorded investment in these loans
will have been included in Schedule HC-C, items 1
through 9.
Note: Memorandum items 6(a), 6(b), and 6(c) are to be
completed semiannually in the June and December
reports only.
Line Item M6 Closed-end loans with negative
amortization features secured by 1–4 family
residential properties in domestic offices.
Report in the appropriate subitem the amount of closedend loans with negative amortization features secured by
1–4 family residential properties and, if certain criteria
are met, the maximum remaining amount of negative
amortization contractually permitted on these loans and
the total amount of negative amortization included in the
amount of these loans. Negative amortization refers to a
method in which a loan is structured so that the borrower’s minimum monthly (or other periodic) payment is
contractually permitted to be less than the full amount of
interest owed to the lender, with the unpaid interest added
to the loan’s principal balance. The contractual terms of
the loan provide that if the borrower allows the principal
balance to rise to a pre-specified amount or maximum
cap, the loan payments are then recast to a fully amortizing schedule. Negative amortization features may be
applied to either adjustable rate mortgages or fixed rate
mortgages, the latter commonly referred to as graduated
payment mortgages (GPMs).
Exclude reverse 1–4 family residential mortgage loans as
described in the instructions for Schedule HC-C, item
1(c).
Line Item M6(a) Total amount of closed-end loans
with negative amortization features secured by 1–4
family residential properties (included in Schedule
HC-C, items 1.c.(2)(a) and (b)).
This item is to be completed by all holding companies.
Report the total amount (before any loan loss allowances)
of, i.e., the recorded investment in, closed-end loans
secured by 1–4 family residential properties whose terms
HC-C-22

allow for negative amortization. The amounts included in
this item will also have been reported in Schedule HC-C,
items 1(c)(2)(a) and (b).
Memorandum items 6(b) and 6(c) are to be completed
semiannually in the June and December reports only by
holding companies that had closed-end loans with
negative amortization features secured by 1–4 family
residential properties (as reported in Schedule HC-C,
Memorandum item 6(a)) as of the previous December
31 report date that exceeded the lesser of $100 million
or 5 percent of total loans and leases, held for investment and held for sale, in domestic offices (as reported
in Schedule HC-C item 12, column B) as of the previous
December 31 report date.

Line Item M6(b) Total maximum remaining
amount of negative amortization contractually
permitted on closed-end loans secured by 1–4
family residential properties.
For all closed-end loans secured by 1–4 family residential properties whose terms allow for negative amortization (that were reported in Schedule HC-C, Memorandum item 6(a), report the total maximum remaining
amount of negative amortization permitted under the
terms of the loan contract (i.e., the maximum loan
principal balance permitted under the negative amortization cap less the principal balance of the loan as of the
quarter-end report date).

Line Item M6(c) Total amount of negative
amortization on closed-end loans secured by 1–4
family residential properties included in the amount
reported in Memorandum item 6(a) above.
For all closed-end loans secured by 1–4 family residential properties whose terms allow for negative amortization, report the total amount of negative amortization
included in the amount (i.e., the total amount of interest
added to the original loan principal balance that has not
yet been repaid) reported in Schedule HC-C, Memorandum item 6(a) above. Once a loan reaches its maximum
principal balance, the amount of negative amortization
included in the amount should continue to be reported
until the principal balance of the loan has been reduced
through cash payments below the original principal balance of the loan.
Schedule HC-C

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Schedule HC-C

Line Item M7

Not applicable.

Line Item M8

Not applicable.

Line Item M9 Loans secured by 1–4 family
residential properties (in domestic offices) in process
of foreclosure.
Report the total unpaid principal balance of loans secured
by 1–4 family residential properties (in domestic offices)
included in Schedule HC-C, item 1(c), column B, for
which formal foreclosure proceedings to seize the real
estate collateral have started and are ongoing as of
quarter-end, regardless of the date the foreclosure procedure was initiated. Loans should be classified as in
process of foreclosure according to local requirements. If
a loan is already in process of foreclosure and the
mortgagor files a bankruptcy petition, the loan should
continue to be reported as in process of foreclosure until
the bankruptcy is resolved. Exclude loans where the
foreclosure process has been completed and the holding
company reports the real estate collateral as “Other real
estate owned” in Schedule HC, item 7. This item should
include both closed-end and open-end 1–4 family residential mortgage loans that are in process of foreclosure.
Line Item M10 Not applicable.
Line Item M11 Not applicable.
Note: Memorandum items 12(a), 12(b), 12(c) and 12(d)
are to be completed semiannually in the June and December reports only.
Line Item M12 Loans (not subject to the
requirements of ASC 310-10) and leases held for
investment that were acquired in business
combinations with acquisition dates in the current
calendar year.
Report in the appropriate subitem and column the specified information on loans and leases held for investment
purposes that were acquired in a business combination,
as prescribed under ASC Topic 805, Business Combinations (formerly FASB Statement No. 141(R), Business
Combinations ), with an acquisition date in the current
calendar year. The acquisition date is the date on which
the holding company obtains control 1 of the acquiree.

Loans and leases acquired in the current calendar year
should be reported in this item in the reports for June 30
and December 31 of the current calendar year, as appropriate, regardless of whether the bank still holds the loans
and leases. For example, loans and leases acquired in a
business combination with an acquisition date in the first
six months of the current calendar year should be
reported in this item in both the June 30 and December
31 reports for the current calendar year; loans and leases
acquired in the second six months of the current calendar
year should be reported in the December 31 report for the
current calendar year.
Exclude purchased credit-impaired loans held for investment that are accounted for in accordance with ASC
Subtopic 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality (formerly
AICPA Statement of Position 03-3, Accounting for Certain Loans or Debt Securities Acquired in a Transfer)
(report information on such loans in Schedule HC-C,
memorandum item 5). (For further information, see the
Glossary entry for ‘‘purchased credit-impaired loans and
debt securities.’’)
Column Instructions
Column A, Fair value of acquired loans and leases at
acquisition date: Report in this column the fair value of
acquired loans and leases held for investment at the
acquisition date (see the Glossary entry for ‘‘fair value’’).
Column B, Gross contractual amounts receivable at
acquisition date: Report in this column the gross contractual amounts receivable, i.e., the total undiscounted
amount of all uncollected contractual principal and contractual interest payments on the receivable, both past
due, if any, and scheduled to be paid in the future, on the
acquired loans and leases held for investment at the
acquisition date.
Column C, Best estimate at acquisition date of contractual cash flows not expected to be collected: Report in
this column the holding company’s best estimate at the
acquisition date of the portion of contractual cash flows
receivable on acquired loans and leases held for investment that the holding company does not expect to collect.
Line Item M12(a)

1. Control has the meaning of controlling financial interest in paragraph
2 of ASC Subtopic 810-10, Consolidation—Overall (formerly Accounting
Research Bulletin No. 51, Consolidated Financial Statements, as amended.
FR Y-9C
Schedule HC-C

June 2018

Loans secured by real estate.

Report in the appropriate column the specified amounts
for loans secured by real estate (as defined for Schedule
HC-C-23

Schedule HC-C

HC-C, item 1) held for investment that were acquired in a
business combination occurring in the current calendar
year.
Line Item M12(b) Commercial and industrial
loans.
Report in the appropriate column the specified amounts
for commercial and industrial loans (as defined for
Schedule HC-C, item 4) held for investment that were
acquired in a business combination occurring in the
current calendar year.
Line Item M12(c) Loans to individuals for
household, family, and other personal expenditures.
Report in the appropriate column the specified amounts
for loans to individuals for household, family, and other
personal expenditures (as defined for Schedule HC-C,
item 6) held for investment that were acquired in a
business combination occurring in the current calendar
year.
Line Item M12(d)

All other loans and all leases.

Report in the appropriate column the specified amounts
for all other loans and all leases (as defined for Schedule
HC-C, items 2, 3, 7, 9, and 10) held for investment that
were acquired in a business combination occurring in the
current calendar year.
Line Item M13

Not applicable.

Line Item M14

Pledged loans and leases.

Report the amount of all loans and leases included in
Schedule HC-C above that are pledged to secure depos-

HC-C-24

its, repurchase transactions, or other borrowings (regardless of the balance of the deposits or other liabilities
against which the loans and leases are pledged) or for any
other purpose. Include loans and leases that have been
transferred in transactions that are accounted for as
secured borrowings with a pledge of collateral because
they do not qualify as sales under ASC Topic 860,
Transfers and Servicing (formerly FASB Statement No.
140, Accounting for Transfers and Servicing of Financial
Assets and Extinguishments of Liabilities, as amended).
Also include loans and leases held for sale or investment
by consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the same consolidated VIEs (the amounts of which are also reported in
Schedule HC-V, items 1(e) and 1(f). In general, the
pledging of loans and leases is the act of setting aside
certain loans and leases to secure or collateralize holding
company transactions with the holding company continuing to own the loans and leases unless the holding
company defaults on the transaction.
When a holding company is subject to a blanket lien
arrangement or has otherwise pledged an entire portfolio
of loans to secure its Federal Home Loan Bank advances,
it should report the amount of the entire portfolio of loans
subject to the blanket lien in this item. Any loans within
the portfolio that have been explicitly excluded or specifically released from the lien and that the holding company
has the right, without constraint, to repledge to another
party should not be reported as pledged in this item.
However, if any such loans have been repledged to
another party, they should be reported in this item.

Schedule HC-C

FR Y-9C
March 2017

LINE ITEM INSTRUCTIONS FOR

Trading Assets and Liabilities
Schedule HC-D

General Instructions
Schedule HC-D is to be completed by holding companies that reported total trading assets of $10 million
or more in any of the four preceding calendar quarters. Memorandum items 2 through 10 are to be
completed by holding companies with $10 billion or
more in total trading assets.
Trading activities typically include (a) regularly underwriting or dealing in securities; interest rate, foreign
exchange rate, commodity, equity, and credit derivative
contracts; other financial instruments; and other assets for
resale, (b) acquiring or taking positions in such items
principally for the purpose of selling in the near term or
otherwise with the intent to resell in order to profit from
short-term price movements, and (c) acquiring or taking
positions in such items as an accommodation to customers or for other trading purposes.
For purposes of the FR Y-9C report, all debt securities
within the scope of ASC Topic 320, Investments – Debt
Securities (formerly FASB Statement No. 115, Accounting for Certain Investments in Debt and Equity Securities), that a holding company has elected to report at fair
value under a fair value option with changes in fair value
reported in current earnings should be classified as
trading securities. In addition, for purposes of this report,
holding companies may classify assets (other than debt
securities within the scope of ASC Topic 320) and
liabilities as trading if the holding company applies fair
value accounting, with changes in fair value reported in
current earnings, and manages these assets and liabilities
as trading positions, subject to the controls and applicable regulatory guidance related to trading activities. For
example, a holding company would generally not classify a loan to which it has applied the fair value option as
a trading asset unless the holding company holds the
loan, which it manages as a trading position, for one of
the following purposes: (a) for market making activities,
FR Y-9C
Schedule HC-D

June 2018

including such activities as accumulating loans for sale or
securitization; (b) to benefit from actual or expected price
movements; or (c) to lock in arbitrage profits. When
reporting loans classified as trading in Schedule HC-D,
holding companies should include only the fair value of
the funded portion of the loan in item 6 of this schedule.
If the unfunded portion of the loan, if any, is classified as
trading (and does not meet the definition of a derivative),
the fair value of the commitment to lend should be
reported as an “Other trading asset” or an “Other trading
liability,” as appropriate, in Schedule HC-D, item 9 or
item 13(b), respectively.
Assets, liabilities, and other financial instruments classified as trading shall be consistently valued at fair value as
defined by ASC Topic 820, Fair Value Measurement
(formerly FASB Statement No. 157, ‘‘Fair Value Measurements’’).
Exclude from this schedule all available-for-sale securities and all loans and leases that do not satisfy the criteria
for classification as trading as described above. (Also see
the Glossary entry for “Trading Account.”) Available-forsale securities are generally reported in Schedule HC,
item 2(b), and in Schedule HC-B, columns C and D.
However, a holding company may have certain assets
that fall within the definition of “securities” in ASC
Topic 320 (e.g., nonrated industrial development obligations) that the holding company has designated as
“available-for-sale” which are reported for purposes of
this report in a balance sheet category other than “Securities” (e.g., “Loans and lease financing receivables”).
Loans and leases that do not satisfy the criteria for the
trading account should be reported in Schedule HC, item
4(a) or item 4(b), and in Schedule HC-C.
ASSETS
Line Item 1 U.S. Treasury securities.
Report the total fair value of securities issued by the U.S.
Treasury (as defined for Schedule HC-B, item 1, ‘‘U.S.
Treasury securities’’) held for trading.
HC-D-1

Schedule HC-D

Line Item 2 U.S. Government agency obligations.

Line Item 4(c) All other residential MBS.

Report the total fair value of all obligations of U.S.
Government agencies (as defined for Schedule HC-B,
item 2, ‘‘U.S. Government agency obligations’’) held for
trading. Exclude mortgage-backed securities.

Report the total fair value of all other residential mortgagebacked securities (as defined for Schedule HC-B, item
4(a)(3), “Other pass-through securities,” item 4(b)(2),
Other residential mortgage-backed securities “Collateralized by MBS issued or guaranteed by U.S. Government
agencies or sponsored agencies,” and item 4(b)(3), “All
other residential MBS”) held for trading.

Line Item 3 Securities issued by states and
political subdivisions in the U.S.
Report the total fair value of all securities issued by states
and political subdivisions in the United States (as defined
for Schedule HC-B, item 3, ‘‘Securities issued by states
and political subdivisions in the U.S.’’) held for trading.
Line Item 4 Mortgage-backed securities (MBS).
Report in the appropriate subitem the total fair value of
all mortgage-backed securities held for trading.
Line Item 4(a) Residential mortgage pass-through
securities issued or guaranteed by FNMA, FHLMC,
or GNMA.
Report the total fair value of all residential mortgage
pass-through securities issued or guaranteed by FNMA,
FHLMC, or GNMA (as defined for Schedule HC-B, item
4(a)(1), Residential pass-through securities ‘‘Guaranteed
by GNMA,’’ and item 4(a)(2), Residential pass-through
securities ‘‘Issued by FNMA and FHLMC’’) held for
trading.
Line Item 4(b) Other residential MBS issued or
guaranteed by U.S. Government agencies or
sponsored agencies.
Report the total fair value of all other residential mortgagebacked securities issued or guaranteed by U.S. Government agencies or U.S. Government-sponsored agencies
(as defined for Schedule HC-B, item 4(b)(1), Other
residential mortgage-backed securities ‘‘Issued or guaranteed by U.S. Government agencies or sponsored agencies’’) held for trading.
U.S. Government agencies include, but are not limited to,
such agencies as the Government National Mortgage
Association (GNMA), the Federal Deposit Insurance
Corporation (FDIC) and the National Credit Union
Administration (NCUA). U.S. Government-sponsored
agencies include, but are not limited to, such agencies as
the Federal Home Loan Mortgage Corporation (FHLMC)
and the Federal National Mortgage Association (FNMA).
HC-D-2

Line Item 4(d) Commercial MBS issued or
guaranteed by U.S. Government agencies or
sponsored agencies.
Report the total fair value of all commercial mortgagebacked securities (as defined for Schedule HC-B, item
4(c), “Commercial MBS”) issued or guaranteed by U.S.
Government agencies or U.S. Government-sponsored
agencies that are held for trading. Also include commercial mortgage pass-through securities guaranteed by the
Small Business Administration.
Line Item 4(e) All other commercial MBS.
Report the total fair value of all commercial mortgagebacked securities issued or guaranteed by non-U.S. Government issuers that are held for trading.
Line Item 5 Other debt securities:
Line Item 5(a) Structured financial products.
Report the total fair value of all structured financial
products (as defined for Schedule HC-B, item 5(b),
“Structured financial products”) held for trading. Include
cash, synthetic, or hybrid instruments.
Line Item 5(b) All other debt securities.
Report the total fair value of all other debt securities (as
defined for Schedule HC-B, item 5(a), “Asset-backed
securities,” and item 6, “Other debt securities”) held for
trading.
Line Item 6 Loans.
Report in the appropriate subitem the total fair value of
all loans held for trading. See the Glossary entry for
“loan” for further information.
Line Item 6(a) Loans secured by real estate.
Report the total fair value of loans secured by real estate
(as defined for Schedule HC-C, item 1) held for trading.
Schedule HC-D

FR Y-9C
June 2018

Schedule HC-D

6(a)(1) Loans secured by 1-4 family residential
properties.
Report the total fair value of all open-end and closed-end
loans secured by 1-4 family residential properties (as
defined for Schedule HC-C, item 1(c) held for trading.
Include:
(1) Revolving, open-end loans secured by 1-4 family
residential properties and extended under lines of
credit (as defined for Schedule HC-C, item 1(c)(1))
held for trading.
(2) Closed-end loans secured by first liens on 1-4 family
residential properties (as defined for Schedule HC-C,
item 1(c)(2)(a)) held for trading.
(3) Closed-end loans secured by junior liens on 1-4
family residential properties (as defined for Schedule
HC-C, part I, item 1(c)(2)(b)) held for trading.

Include:
(1) All extensions of credit to individuals for household,
family, and other personal expenditures arising from
credit cards (as defined for Schedule HC-C, item
6(a)) held for trading.
(2) All extensions of credit to individuals for household,
family, and other personal expenditures arising from
prearranged overdraft plans and other revolving
credit plans not accessed by credit cards (as defined
for Schedule HC-C, item 6(b)) held for trading.
(3) All loans to individuals for household, family, and
other personal expenditures arising from retail sales
of passenger cars and other vehicles such as minivans, vans, sport-utility vehicles, pickup trucks, and
similar light trucks for personal use (as defined for
Schedule HC-C, item 6(c)) held for trading.

6(a)(2) All other loans secured by real estate.

(4) All other loans to individuals for household, family,
and other personal expenditures (as defined for
Schedule HC-C, item 6(d)) held for trading.

Report the total fair value of all other loans secured by
real estate held for trading.

Line Item 6(d) Other loans.

Include:
(1) Construction, land development, and other land loans
(as defined for Schedule HC-C, item 1(a)) held for
trading.
(2) Loans secured by farmland (as defined for Schedule
HC-C, item 1(b) held for trading.
(3) Loans secured by multifamily (5 or more) residential
properties (as defined for Schedule HC-C, item 1(d)
held for trading.
(4) Loans secured by nonfarm nonresidential properties
(as defined for Schedule HC-C item 1(e) held for
trading.
Line Item 6(b) Commercial and industrial loans.
Report the total fair value of commercial and industrial
loans (as defined for Schedule HC-C, item 4) held for
trading.
Line Item 6(c) Loans to individuals for household,
family, and other personal expenditures.
Report the total fair value of all loans to individuals for
household, family, and other personal expenditures (as
defined for Schedule HC-C, item 6) held for trading.
FR Y-9C
Schedule HC-D

June 2018

Report the total fair value of all other loans held for
trading that cannot properly be reported in one of the
preceding subitems of this item 6. Such loans include
“Loans to depository institutions and acceptances of
other banks,” “Loans to finance agricultural production
and other loans to farmers,” “Loans to foreign governments and official institutions,” “Obligations (other than
securities and leases) of states and political subdivisions
in the U.S.,” and “Other loans” (as defined for Schedule
HC-C, items 2, 3, 7, 8, and 9).
Line Items 7-8

Not applicable.

Line Item 9 Other trading assets.
Report the total fair value of all trading assets that cannot
properly be reported in items 1 through 6. Include
Certificates of Deposit held for trading. Exclude revaluation gains on interest rate, foreign exchange rate, commodity, equity, and credit derivative contracts (report in
item 11 below).
Line Item 10 Not applicable.
Line Item 11 Derivatives with a positive fair value.
Report the amount of revaluation gains (i.e., assets) from
the ‘‘marking to market’’ of interest rate, foreign exchange
HC-D-3

Schedule HC-D

rate, commodity, equity, and credit derivative contracts
held for trading purposes. Revaluation gains and losses
(i.e., assets and liabilities) from the ‘‘marking to market’’
of the reporting holding company’s derivative contracts
executed with the same counterparty that meet the criteria for a valid right of setoff contained in ASC Subtopic
210-20, Balance Sheet – Offsetting (formerly FASB
Interpretation No. 39, Offsetting of Amounts Related to
Certain Contracts) (e.g., those contracts subject to a
qualifying master netting arrangement) may be reported
on a net basis using this item and item 14 below, as
appropriate. (For further information, see the Glossary
entry for ‘‘offsetting.’’)
Line Item 12 Total trading assets.
Report the sum of items 1 through 11. The amount for
this item must equal Schedule HC, item 5, “Trading
assets.”

LIABILITIES
Line Item 13(a) Liability for short positions.
Report the total fair value of the reporting holding
company’s liabilities resulting from sales of assets that
the reporting holding company does not own (see the
Glossary entry for ‘‘short position’’).
Line Item 13(a)(1) Equity securities.
Report the fair value of the reporting holding company’s
liabilities resulting from sales of equity securities that the
reporting holding company does not own, thereby establishing a short position.
Line Item 13(a)(2) Debt securities.
Report the fair value of the reporting holding company’s
liabilities resulting from sales of debt securities that the
reporting holding company does not own, thereby establishing a short position.
Line Item 13(a)(3) All other assets.
Report the fair value of the reporting holding company’s
liabilities resulting from sales of all assets other than
equity securities or debt securities that the reporting
holding company does not own, thereby establishing a
short position.
HC-D-4

Line Item 13(b) All other trading liabilities.
Report the total fair value of all trading liabilities other
than the reporting holding company’s liability for short
positions. Exclude revaluation losses on interest rate,
foreign exchange rate, commodity, equity, and credit
derivative contracts (report in item 14 below).
Line Item 14 Derivatives with a negative fair
value.
Report the amount of revaluation losses (i.e., liabilities)
from the ‘‘marking to market’’ of interest rate, foreign
exchange rate, commodity, equity, and credit derivative
contracts held for trading purposes. Revaluation gains
and losses (i.e., assets and liabilities) from the ‘‘marking
to market’’ of the reporting holding company’s interest
rate, foreign exchange rate, commodity, equity, and credit
derivative contracts executed with the same counterparty
that meet the criteria for a valid right of setoff contained
in ASC Subtopic 210-20, Balance Sheet – Offsetting
(formerly FASB Interpretation No. 39, Offsetting of
Amounts Related to Certain Contracts) (e.g., those contracts subject to a qualifying master netting arrangement)
may be reported on a net basis using this item and item
11 above, as appropriate. (For further information, see
the Glossary entry for ‘‘offsetting.’’)
Line Item 15 Total trading liabilities.
Report the sum of items 13(a), 13(b), and 14. The amount
for this item must equal Schedule HC, item 15, “Trading
liabilities.”

Memoranda
Line Item M1 Unpaid principal balance of loans
measured at fair value.
Report in the appropriate subitem the total unpaid principal balance outstanding for all loans held for trading
reported in Schedule HC-D, item 6.
Line Item M1(a)

Loans secured by real estate.

Report the total unpaid principal balance outstanding for
all loans secured by real estate (as defined for Schedule
HC-C, item 1) held for trading.
1(a)(1) Loans secured by 1-4 family residential
properties.
Report the total unpaid principal balance outstanding for
all loans secured by 1-4 family residential properties held
for trading reported in Schedule HC-D, item 6(a)(1).
Schedule HC-D

FR Y-9C
June 2018

Schedule HC-D

Include:
(1) Revolving, open-end loans secured by 1-4 family
residential properties and extended under lines of
credit (as defined for Schedule HC-C, item 1(c)(1))
held for trading.
(2) Closed-end loans secured by first liens on 1-4 family
residential properties (as defined for Schedule HC-C,
item 1(c)(2)(a)) held for trading.
(3) Closed-end loans secured by junior liens on 1-4
family residential properties (as defined for Schedule
HC-C, item 1(c)(2)(b)) held for trading.
1(a)(2) All other loans secured by real estate.
Report the total unpaid principal balance outstanding for
all other loans secured by real estate held for trading
reported in Schedule HC-D, item 6(a)(2).
Include:
(1) Construction, land development, and other land loans
(as defined for Schedule HC-C, item 1(a)) held for
trading.
(2) Loans secured by farmland (as defined for Schedule
HC-C, item 1(b) held for trading.
(3) Loans secured by multifamily (5 or more) residential
properties (as defined for Schedule HC-C, item 1(d)
held for trading.
(4) Loans secured by nonfarm nonresidential properties
(as defined for Schedule HC-C, item 1(e) held for
trading.
Line Item M1(b)

Commercial and industrial loans.

(1) All extensions of credit to individuals for household,
family, and other personal expenditures arising from
credit cards (as defined for Schedule HC-C, item
6(a)) held for trading.
(2) All extensions of credit to individuals for household,
family, and other personal expenditures arising from
prearranged overdraft plans and other revolving
credit plans not accessed by credit cards (as defined
for Schedule HC-C, item 6(b)) held for trading.
(3) All consumer loans to individuals for household,
family, and other personal expenditures arising from
retail sales of passenger cars and other vehicles such
as minivans, vans, sport-utility vehicles, pickup
trucks, and similar light trucks for personal use (as
defined for Schedule HC-C, item 6(c)) held for
trading.
(4) All other loans to individuals for household, family,
and other personal expenditures (as defined for
Schedule HC-C, item 6(d)) held for trading.
Line Item M1(d)

Other loans.

Report the total unpaid principal balance outstanding for
all loans held for trading reported in Schedule HC-D,
item 6(d). Such loans include “Loans to depository
institutions and acceptances of other banks,” “Loans to
finance agricultural production and other loans to farmers,” “Loans to foreign governments and official institutions,” “Obligations (other than securities and leases) of
states and political subdivisions in the U.S.,” and “Other
loans” (as defined for Schedule HC-C, items 2, 3, 7, 8,
and 9).
Note: Memorandum items 2 through 10 are to be completed by holding companies with $10 billion or more in
total trading assets.

Report the total unpaid principal balance outstanding for
all commercial and industrial loans held for trading
reported in Schedule HC-D, item 6(b).

Line Item M2 Loans measured at fair value that
are past due 90 days or more.

Line Item M1(c) Loans to individuals for
household, family, and other personal expenditures.

Report in the appropriate subitem the total fair value and
unpaid principal balance of all loans held for trading
included in Schedule HC-D, items 6(a) through 6(d), that
are past due 90 days or more as of the report date.

Report the total unpaid principal balance outstanding for
all loans to individuals for household, family, and other
personal expenditures held for trading reported in Schedule HC-D, item 6(c).
Include:
FR Y-9C
Schedule HC-D

June 2018

Line Item M2(a)

Fair value.

Report the total fair value of all loans held for trading
included in Schedule HC-D, items 6(a) through 6(d), that
are past due 90 days or more as of the report date.
HC-D-5

Schedule HC-D

Line Item M2(b)

Unpaid principal balance.

Report the total unpaid principal balance of all loans held
for trading included in Schedule HC-D, items 6(a)
through 6(d), that are past due 90 days or more as of the
report date.
Line Item M3 Structured financial products by
underlying collateral or reference assets.
Report in the appropriate subitem the total fair value of
all structured financial products held for trading by the
predominant type of collateral or reference assets supporting the product. The sum of Memorandum items 3(a)
through 3(g) must equal the sum of Schedule HC-D,
item 5(a).

Line Item M3(e) 1-4 family residential MBS not
issued or guaranteed by GSEs.
Report the total fair value of structured financial products
held for trading that are supported predominantly by 1-4
family residential mortgage-backed securities not issued
or guaranteed by U.S. government-sponsored enterprises.
Line Item M3(f) Diversified (mixed) pools of
structured financial products.
Report the total fair value of structured financial products
held for trading that are supported predominantly by
diversified (mixed) pools of structured financial products.
Include such products as CDOs squared and cubed (also
known as ‘‘pools of pools’’).

Line Item M3(a) Trust preferred securities issued
by financial institutions.

Line Item M3(g)
assets.

Report the total fair value of structured financial products
held for trading that are supported predominantly by trust
preferred securities issued by financial institutions.

Report the total fair value of structured financial products
held for trading that are supported predominantly by
other types of collateral or reference assets not identified
above.

Line Item M3(b) Trust preferred securities issued
by real estate investment trusts.
Report the total fair value of structured financial products
held for trading that are supported predominantly by trust
preferred securities issued by real estate investment
trusts.
Line Item M3(c)

Corporate and similar loans.

Report the total fair value of structured financial products
held for trading that are supported predominantly by
corporate and similar loans. Exclude securities backed by
loans that are commonly regarded as asset-backed securities rather than collateralized loan obligations in the
marketplace (report in Schedule HC-B, item 5(a)).
Line Item M3(d) 1-4 family residential MBS
issued or guaranteed by U.S. government-sponsored
enterprises (GSEs).
Report the total fair value of structured financial products
held for trading that are supported predominantly by 1-4
family residential mortgage-backed securities issued or
guaranteed by U.S. government-sponsored enterprises.
HC-D-6

Line Item M4

Other collateral or reference

Pledged trading assets:

Line Item M4(a)

Pledged securities.

Report the total fair value of all securities held for trading
included in Schedule HC-D above that are pledged to
secure deposits, repurchase transactions, or other borrowings (regardless of the balance of the deposits or other
liabilities against which the securities are pledged); as
performance bonds under futures or forward contracts; or
for any other purpose. Include as pledged securities:
(1) Securities held for trading that have been “loaned” in
securities borrowing/lending transactions that do not
qualify as sales under ASC Topic 860, Transfers and
Servicing (formerly FASB Statement No. 140,
“Accounting for Transfers and Servicing of Financial
Assets and Extinguishments of Liabilities,” as
amended).
(2) Securities held for trading by consolidated variable
interest entities (VIEs) that can be used only to settle
obligations of the same consolidated VIEs (the
amount of which is also reported in Schedule HC-V,
item 1.
Schedule HC-D

FR Y-9C
June 2018

Schedule HC-D

(3) Securities held for trading owned by consolidated
insurance subsidiaries and held in custodial trusts
that are pledged to insurance companies external to
the consolidated holding company.

of credit to individuals for household, family, and other
personal expenditures arising from credit cards as defined
for Schedule HC-C, item 6(a).

Line Item M4(b) Pledged loans.
Report the total fair value of all loans held for trading
included in Schedule HC-D above that are pledged to
secure deposits, repurchase transactions, or other borrowings (regardless of the balance of the deposits or other
liabilities against which the loans are pledged) or for any
other purpose. Include loans held for trading that have
been transferred in transactions that are accounted for as
secured borrowings with a pledge of collateral because
they do not qualify as sales under ASC Topic 860,
Transfers and Servicing (formerly FASB Statement No.
140, Accounting for Transfers and Servicing of Financial
Assets and Extinguishment of Liabilities, as amended).
Also include loans held for trading by consolidated
variable interest entities (VIEs) that can be used only to
settle obligations of the same consolidated VIEs (the
amount of which is also reported in Schedule HC-V, item
1. In general, the pledging of loans is the act of setting
aside certain loans to secure or collateralize holding
company transactions with the holding company continuing to own the loans unless the holding company defaults
on the transaction.

Line Item M5(b)

Line Item M5 Asset-backed securities.
Report in the appropriate subitem the total fair value of
all asset-backed securities, including asset-backed commercial paper, held for trading reported in Schedule
HC-D, items 4 and 5. For purposes of categorizing
asset-backed securities in Schedule HC-D, Memorandum
items 5(a) through 5(f), below, each individual assetbacked security should be included in the item that most
closely describes the predominant type of asset that
collateralizes the security and this categorization should
be used consistently over time. For example, an assetbacked security may be collateralized by automobile
loans to both individuals and business enterprises. If the
prospectus for this asset-backed security or other available information indicates that these automobile loans are
predominantly loans to individuals, the security should
be reported in Schedule HC-D, Memorandum item 5(c),
as being collateralized by automobile loans.
Line Item M5(a) Credit card receivables.
Report the total fair value of all asset-backed securities
collateralized by credit card receivables, i.e., extensions
FR Y-9C
Schedule HC-D

June 2018

Home equity lines.

Report the total fair value of all asset-backed securities
collateralized by home equity lines of credit, i.e., revolving, open-end lines of credit secured by 1-to-4 family
residential properties as defined for Schedule HC-C,
item 1(c)(1).
Line Item M5(c)

Automobile loans.

Report the total fair value of all asset-backed securities
collateralized by automobile loans, i.e., loans to individuals for the purpose of purchasing private passenger
vehicles, including minivans, vans, sport-utility vehicles,
pickup trucks, and similar light trucks for personal use.
Such loans are a subset of “Other consumer loans,” as
defined for Schedule HC-C, item 6(c).
Line Item M5(d)

Other consumer loans.

Report the total fair value of all asset-backed securities
collateralized by other consumer loans, i.e., loans to
individuals for household, family, and other personal
expenditures as defined for Schedule HC-C, items 6(b)
and 6(c), excluding automobile loans as described in
Schedule HC-D, Memorandum item 5(c), above.
Line Item M5(e)

Commercial and industrial loans.

Report the total fair value of all asset-backed securities
collateralized by commercial and industrial loans, i.e.,
loans for commercial and industrial purposes to sole
proprietorships, partnerships, corporations, and other
business enterprises, whether secured (other than by real
estate) or unsecured, single-payment or installment, as
defined for Schedule HC-C, item 4.
Line Item M5(f)

Other.

Report the total fair value of all asset-backed securities
collateralized by loans other than those included in
Schedule HC-D, Memorandum items 5(a) through 5(e),
above, i.e., loans as defined for Schedule HC-C, items 2,
3, and 7 through 9 and lease financing receivables as
defined for Schedule HC-C, item 10.
HC-D-7

Schedule HC-D

Line Item M6

Not applicable.

Line Item M7

Equity securities.

Report in the appropriate subitem the total fair value of
all equity securities held for trading that are included in
Schedule HC-D, item 9, above. Include equity securities
classified as trading with readily determinable fair values
as defined by ASC Topic 320, Investments-Debt and
Equity Securities (formerly FASB Statement No. 115,
Accounting for Certain Investments in Debt and Equity
Securities), and those equity securities held for trading
that are outside the scope of ASC Topic 320.
Line Item M7(a)

Readily determinable fair values.

Report the total fair value of all equity securities held for
trading that are within the scope of ASC Topic 320.
Line Item M7(b)

Other.

Report the total fair value of all equity securities held for
trading other than those included in Schedule HC-D,
Memorandum item 7(a), above.
Line Item M8

Loans pending securitization.

Report the total fair value of all loans included in
Schedule HC-D, items 6(a) through 6(d), that are held for
securitization purposes. Report such loans in this item
only if the holding company expects the securitization
transaction to be accounted for as a sale under ASC Topic
860, Transfers and Servicing (formerly FASB Statement
No. 140, Accounting for Transfers and Servicing of
Financial Assets and Extinguishments of Liabilities).
Line Item M9(a)(1) Gross positive fair value of
commodity contracts.
Report the gross positive fair value of all commodity
contracts that the holding company holds for trading
purposes. Commodity contracts are contracts that have a

HC-D-8

return, or a portion of their return, linked to the price of
or to an index of precious metals, petroleum, lumber,
agricultural products, etc.
Line Item M9(a)(2) Gross fair value of physical
commodities held in inventory.
Report the gross fair value of all physical commodities
held in inventory that the holding company holds for
trading purposes. Report the values as reported in HC-D,
item 9, “Other trading assets.”
Line Item M9(b)

Other trading assets.

Disclose in Memorandum items 9(b)(1) through 9(b)(3)
each component of Schedule HC-D, item 9, ‘‘Other
trading assets’’ (other than amounts included in Memoranda items 9(a)(1) and 9(a)(2) above), and the fair value
of such component, that is greater than $1,000,000 and
exceeds 25 percent of the amount reported in item 9 less
amounts reported in Memoranda items 9(a)(1) and 9(a)(2).
For each component of other trading assets that exceeds
this disclosure threshold, describe the component with a
clear but concise caption in Memoranda items 9(b)(1)
through 9(b)(3). These descriptions should not exceed 50
characters in length (including spacing between words).
Line Item M10 Other trading liabilities.
Disclose in Memorandum items 10(a) through 10(c) each
component of Schedule HC-D, item 13(b), “Other trading liabilities,” and the fair value of such component, that
is greater than $1,000,000 and exceeds 25 percent of the
amount reported for this item. For each component of
other trading liabilities that exceeds this disclosure
threshold, describe the component with a clear but concise caption in Memorandum items 10(a) through 10(c).
These descriptions should not exceed 50 characters in
length (including spacing between words).

Schedule HC-D

FR Y-9C
June 2018

LINE ITEM INSTRUCTIONS FOR

Deposit Liabilities
Schedule HC-E

General Instructions

(7) pass-through reserve balances;

A complete discussion of deposits is included in the
Glossary entry entitled ‘‘deposits.’’ That discussion
addresses the following topics and types of deposits in
detail:

(8) placements and takings; and

(1) FDI Act definition of deposits;
(2) demand deposits;

(9) reciprocal balances.
NOTE: For purposes of this report, IBFs of subsidiary
depository institutions of the reporting holding company
are to be treated as foreign offices and their deposit
liabilities should be excluded from this schedule.

(3) savings deposits;
(4) time deposits;
(5) time certificates of deposit;
(6) time deposits, open account;
(7) transaction accounts;
(8) nontransaction accounts;
(9) NOW accounts;
(10) ATS accounts;
(11) telephone or preauthorized transfer accounts;

Definitions
The term “deposits” is defined in the Glossary and
follows the definition of deposits used in the Federal
Deposit Insurance Act. Reciprocal demand deposits
between the domestic offices of the reporting holding
company and the domestic offices of other depository
institutions that are not consolidated on this report may
be reported net when permitted by generally accepted
accounting principles (GAAP). (See the Glossary entry
for ‘‘reciprocal balances.’’)

(12) money market deposit accounts (MMDAs);

The following are not reported as deposits:

(13) interest-bearing accounts; and

(1) Deposits received in one office of a depository institution for deposit in another office of the same
depository institution.

(14) noninterest-bearing accounts.
Additional discussions pertaining to deposits are also
found under separate Glossary entries for the following:
(1) borrowings and deposits in foreign offices;
(2) brokered deposits;
(3) dealer reserve accounts;
(4) hypothecated deposits;
(5) letters of credit (for letters of credit sold for cash and
travelers’ letters of credit);
(6) overdrafts;
FR Y-9C
Schedule HC-E March 2013

(2) Outstanding drafts (including advices or authorizations to charge the depository institution’s balance in
another depository institution) drawn in the regular
course of business by the reporting depository institution on other depository institutions, including
so-called ‘‘suspense depository accounts’’ (report as
a deduction from the related ‘‘due from’’ account).
(3) Trust funds held in the bank’s own trust department
that the bank keeps segregated and apart from its
general assets and does not use in the conduct of its
business.
HC-E-1

Schedule HC-E

(4) Deposits accumulated for the payment of personal
loans (i.e., hypothecated deposits), which should be
netted against loans in Schedule HC-C, Loans and
Lease Financing Receivables.
(5) All obligations arising from assets sold under agreements to repurchase.
(6) Overdrafts in deposit accounts. Overdrafts are to be
reported as loans in Schedule HC-C, and not as
negative deposits. Overdrafts in a single type of
related transaction accounts (e.g., related demand
deposits or related NOW accounts, but not a combination of demand deposit accounts and NOW
accounts) of a single legal entity that are established
under a bona fide cash management arrangement
by this legal entity are not to be classified as loans
unless there is a net overdraft position in the accounts
taken as a whole. Such accounts are regarded as, and
function as, one account rather than as multiple
separate accounts.
(7) Time deposits sold (issued) by a subsidiary bank of
the consolidated holding company that have been
purchased subsequently by a holding company subsidiary in the secondary market (typically as a result
of the holding company’s trading activities) and have
not resold as of the report date. For purposes of these
reports, a holding company (or its subsidiaries) that
purchases a time deposit a subsidiary has issued is
regarded as having paid the time deposit prior to
maturity. The effect of the transaction is that the
consolidated holding company has cancelled a liability as opposed to having acquired an asset for its
portfolio.
(8) Cash payments received in connection with transfers
of the holding company’s other real estate owned that
have been financed by the holding company and do
not qualify for sale accounting, which applicable
accounting standards describe as a “liability,” a
“deposit,” or a “deposit liability.” Until a transfer
qualifies for sale accounting, these cash payments
shall be reported in Schedule HC-G, item 4, “All
other liabilities.” See the Glossary entry for “foreclosed assets” for further information.
The following are reported as deposits:
(1) Deposits of trust funds standing to the credit of
other banks and all trust funds held or deposited in
any department of a subsidiary depository instituHC-E-2

tion of the reporting holding company other than
the trust department.
(2) Escrow funds.
(3) Payments collected by a depository institution subsidiary on loans secured by real estate and other
loans serviced for others that have not yet been
remitted to the owners of the loans.
(4) Credit balances resulting from customers’ overpayments of account balances on credit cards and
related plans.
(5) Funds received or held in connection with checks
or drafts drawn by a subsidiary depository institution of the reporting holding company and drawn
on, or payable at or through, another depository
institution either on a zero-balance account or on an
account that is not routinely maintained with sufficient balances to cover checks drawn in the normal
course of business (including accounts where funds
are remitted by a subsidiary depository institution
of the reporting holding company only when it has
been advised that the checks or drafts have been
presented).
(6) Funds received or held in connection with traveler’s checks and money orders sold (but not drawn)
by a subsidiary depository institution of the reporting holding company, until the proceeds of the sale
are remitted to another party, and funds received or
held in connection with other such checks used (but
not drawn) by a subsidiary depository institution of
the reporting holding company, until the amount of
the checks is remitted to another party.
(7) Checks drawn by a subsidiary depository institution
of the reporting holding company on, or payable at
or through, a Federal Reserve Bank or a Federal
Home Loan Bank.
(8) Refundable loan commitment fees received or held
by a subsidiary depository institution of the reporting holding company prior to loan closing.
(9) Refundable stock subscription payments received
or held by the reporting holding company prior to
the issuance of the stock. (Report nonrefundable
stock subscription payments in Schedule HC-G,
item 4, ‘‘Other’’ liabilities.)
(10) Improperly executed repurchase agreement sweep
accounts (repo sweeps). According to Section 360.8
Schedule HC-E

FR Y-9C
September 2018

Schedule HC-E

of the FDIC’s regulations, an ‘‘internal sweep
account’’ is ‘‘an account held pursuant to a contract
between an insured depository institution and its
customer involving the pre-arranged, automated
transfer of funds from a deposit account to . . .
another account or investment vehicle located
within the depository institution.’’ When a repo
sweep from a deposit account is improperly executed
by an institution, the customer obtains neither an
ownership interest in identified assets subject to a
repurchase agreement nor a perfected security interest in the applicable assets. In this situation, the
institution should report the swept funds as deposit
liabilities, not as repurchase agreements, beginning
July 1, 2009.
(11) The unpaid balance of money received or held by
the reporting institution that the reporting institution promises to pay pursuant to an instruction
received through the use of a card, or other payment code or access device, issued on a prepaid or
prefunded basis.
In addition, the gross amount of debit items (‘‘throwouts,’’ ‘‘bookkeepers’ cutbacks,’’ or ‘‘rejects’’) that cannot be posted to the individual deposit accounts without
creating overdrafts or for some other reason, but which
have been charged to the control accounts of the various
deposit categories on the general ledger, should be credited to (added back to) the appropriate deposit control
totals and reported in Schedule HC, item 11, ‘‘Other
assets.’’
Line Item 1 Deposits held in domestic offices of
commercial bank subsidiaries of the reporting
holding company.
Report in items 1(a) through 1(e) below deposits held
in domestic offices of the commercial bank subsidiaries
of the reporting holding company that are consolidated
by the holding company on this report.
For purposes of this item, commercial bank subsidiaries
cover all banks that file the commercial bank Consolidated Reports of Condition and Income (FFIEC 031,
041). See the Glossary entry for ‘‘Domestic Office’’ for
the definition of this term.
If the reporting holding company consolidates a subsidiary foreign bank on this report, items 1(a) through 1(e)
must also include deposits held in the U.S. offices of such
foreign bank subsidiaries.
FR Y-9C
Schedule HC-E

March 2013

Line Item 1(a) Noninterest-bearing balances.
Report all noninterest-bearing deposits, including any
matured time or savings deposits that have not automatically been renewed, as defined in the Glossary entry for
‘‘deposits.’’
Include the following:
(1) Noninterest-bearing deposits that are payable immediately on demand or issued with an original maturity
of less than seven days, or that are payable with less
than seven days notice, or for which the bank subsidiary does not reserve the right to require at least
seven days written notice of an intended withdrawal.
(2) Unpaid depositors’ checks that have been certified.
(3) Cashiers’ checks, money orders, or other officers’
checks issued for any purpose including those issued
in payment for services, dividends, or purchases that
are drawn on a consolidated bank subsidiary of the
reporting holding company by any of its duly authorized officers and that are outstanding on the report
date.
(4) Outstanding travelers’ checks, travelers’ letters of
credit, or other letters of credit (less any outstanding
drafts accepted thereunder) sold for cash or its
equivalent by the consolidated holding company
organization or its agents.
(5) Outstanding drafts and bills of exchange accepted by
the consolidated holding company organization or its
agents for money or its equivalent, including drafts
accepted against a letter of credit issued for money or
its equivalent.
(6) Checks or drafts drawn by, or on behalf of, a
non-U.S. office of a subsidiary bank of the reporting
holding company on an account maintained at a U.S.
office of the bank subsidiary. Such drafts are, for the
Consolidated Financial Statements for Holding Companies, the same as officers’ checks. This would
include ‘‘London checks,’’ ‘‘Eurodollar bills payable
checks,’’ and any other credit items that the domestic
bank issues in connection with such transactions.
Line Item 1(b) Interest-bearing demand deposits
NOW, ATS, and other transaction accounts.
Report in this item all interest-bearing demand deposits,
all accounts subject to negotiable orders of withdrawal
(i.e., NOW accounts), all ATS accounts (that is, accounts
HC-E-3

Schedule HC-E

subject to automatic transfer from savings accounts), and
all other transaction accounts, excluding noninterestbearing demand deposits.
Other transaction accounts include the following:
(1) Accounts (other than MMDAs) that permit third
party payments through automated teller machines
(ATMs) or remote service units (RSUs).
(2) Accounts (other than MMDAs) that permit third
party payments through the use of checks, drafts,
negotiable instruments, debit cards, or other similar
items.
(3) Accounts (other than MMDAs) if more than six of
the following transactions per calendar month are
permitted to be made by telephone or preauthorized
order or instruction:
(a) payments or transfers to third parties;
(b) transfers to another account of the depositor at
the same institution; and
(c) transfers to an account at another depository
institution.
Line Item 1(c) Money market deposit accounts
and other savings accounts.
Report in this item all savings deposits held in the
subsidiary commercial banks consolidated in this report
by the reporting holding company, other than NOW
accounts, ATS accounts, or other transaction accounts
that are in the form of savings deposits.
Include the following in this item:
(1) Money market deposit accounts (MMDAs).
(2) Savings deposits subject to telephone and preauthorized transfers where the depositor is not permitted or
authorized to make more than six withdrawals per
month for purposes of transferring funds to another
account or for making a payment to a third party
by means of preauthorized or telephone agreement,
order, or instruction.
(3) Savings deposits subject to no more than six transfers
per month for purposes of covering overdrafts (i.e.,
overdraft protection plan accounts).
(4) All other savings deposits that are not classified as
transaction accounts (e.g., regular savings and passbook savings accounts).
HC-E-4

(5) Interest paid by crediting the savings deposit accounts
defined by paragraphs (1) through (4) in this item.
Exclude the following from this item:
(1) NOW accounts (including ‘‘Super NOWs’’) and ATS
accounts (report in item 1(b) above).
(2) Overdraft protection plan accounts that permit more
than six transfers per month (report in item 1(a) as a
demand deposit).
(3) Savings deposits subject to telephone or preauthorized transfer (report in item 1(b) above), unless the
depositor is not permitted or not authorized to make
more than six withdrawals per month for purposes of
transferring funds to another account or for making a
payment to a third party by means of preauthorized
or telephone agreement, order, or instruction.
(4) Special passbook or statement accounts, such as
‘‘90-day notice accounts,’’ ‘‘golden passbook
accounts,’’ or deposits labeled as ‘‘savings certificates,’’ that have a specified original maturity of
seven days or more (report as time deposits in
item 1(d) or 1(e) below).
(5) Interest accrued on savings deposits but not yet paid
or credited to a deposit account (exclude from this
schedule and report in Schedule HC, item 20, ‘‘Other
liabilities’’).
Line Item 1(d) Time deposits of $250,000 or less
Report in this item all time deposits with balances of
$250,000 or less that are held in domestic offices of the
commercial bank subsidiaries of the reporting holding
company. This item includes both time certificates
of deposit and open-account time deposits with balances
of $250,000 or less, regardless of negotiability or
transferability.
Include the following:
(1) Time deposits (as defined in the Glossary entry for
‘‘deposits’’), which are deposits with original maturities of seven days or more, that are not classified as
transaction accounts and that have balances of
$250,000 or less.
(2) Interest paid by crediting nontransaction time deposit
accounts with balances of $250,000 or less.
(3) Time deposits issued to deposit brokers in the form
of large (more than $250,000) certificates of deposit
Schedule HC-E

FR Y-9C
June 2013

Schedule HC-E

that have been participated out by the broker in
shares of $250,000 or less. In addition, if the bank
subsidiary has issued a master certificate of deposit to
a deposit broker in an amount that exceeds $250,000
and under which brokered certificates of deposit are
issued in $1,000 amounts (so-called ‘‘retail brokered
deposits’’), individual depositors who purchase multiple certificates issued by the bank subsidiary normally do not exceed the applicable deposit insurance
limit (currently $250,000). Under current deposit
insurance rules the deposit broker is not required to
provide information routinely on these purchasers
and their account ownership capacity to the bank
subsidiary issuing the deposits. If this information is
not readily available to the issuing bank subsidiary,
these brokered certificates of deposit in $1,000
amounts should be reported in this item as time
deposits of $250,000 or less.

NOTE: Holding companies should include as time deposits of their commercial bank subsidiaries of more than
$250,000 those time deposits originally issued in denominations of $250,000 or less but that, because of interest
paid or credited, or because of additional deposits, now
have a balance of more than $250,000.

Exclude from this item all time deposits with balances of
more than $250,000 (report in item 1(e) below).

For purposes of this item, other depository institutions
cover depository institutions other than commercial
banks (as defined in item 1 of this schedule) that are
consolidated subsidiaries of the reporting holding company. Such depository institutions may include savings
and loan or building and loan associations, depository
trust companies, or other institutions that accept deposits
that do not submit the commercial bank Reports of
Condition and Income (FFIEC 031, 041).

Line Item 1(e) Time deposits of more than
$250,000.
Report in this item all time deposits, including time
certificates of deposit and open-account time deposits
with balances of more than $250,000, regardless of
negotiability or transferability that are held in the commercial bank subsidiaries of the reporting holding
company.
Include the following:
(1) Time deposits (as defined in the Glossary entry for
‘‘deposits’’), which are deposits with original maturities of seven days or more, that are not classified
as transaction accounts and that have balances of
more than $250,000.
(2) Interest paid by crediting nontransaction time deposit
accounts with balances of more than $250,000.
Exclude the following:
(1) All time deposits issued to deposit brokers in the
form of large (more than $250,000) certificates of
deposit that have been participated out by the broker
in shares of $250,000 or less (report in item 1(d)).
(2) All time deposits with balances of $250,000 or less
(report in item 1(d)),
FR Y-9C
Schedule HC-E

March 2017

Line Item 2 Deposits held in domestic offices of
other depository institutions that are subsidiaries of
the reporting holding company.
NOTE: Items 2(a) through 2(e) are to be completed only
by holding companies that have depository institutions
other than banks as subsidiaries.
Report in items 2(a) through 2(e) below deposits held in
domestic offices of other depository institutions that are
subsidiaries of the reporting holding company and that
are consolidated by the holding company on this report.

Exclude Edge and Agreement Corporations from the
coverage of ‘‘other depository institutions’’ for purposes
of this item. Domestic offices are those offices located in
the fifty states of the United States and the District of
Columbia.
Line Item 2(a) Noninterest-bearing balances.
Report all noninterest-bearing deposits, including any
matured time or savings deposits that have not automatically been renewed, as defined in the Glossary entry for
‘‘deposits,’’ that are held in domestic offices of ‘‘other
depository institutions’’ that are subsidiaries consolidated
on the reporting holding company’s financial statements.
Include any deposit account on which the issuing depository institution pays no compensation.
Line Item 2(b) Interest-bearing demand deposits,
NOW, ATS, and other transaction accounts.
Report in this item all interest-bearing demand deposits,
all accounts subject to negotiable orders of withdrawal
(i.e., NOW accounts), all ATS accounts (that is, accounts
HC-E-5

Schedule HC-E

subject to automatic transfer from savings accounts), and
all other transaction accounts that are held in domestic
offices of the ‘‘other depository institution’’ subsidiaries
of the reporting holding company.
Other transaction accounts include the following:

(3) All other savings deposits that are not classified as
transaction accounts (e.g., regular savings and passbook savings accounts).
(4) Interest paid by crediting the savings deposit accounts
defined by paragraphs (1) through (4) in this item.

(1) Accounts (other than MMDAs) that permit third
party payments through automated teller machines
(ATMs) or remote service units (RSUs).
(2) Accounts (other than MMDAs) that permit third
party payments through the use of checks, drafts,
negotiable instruments, debit cards, or other similar
items.
(3) Accounts (other than MMDAs) if more than six of
the following transactions per calendar month are
permitted to be made by telephone or preauthorized
order or instruction:
(a) payments or transfers to third parties;
(b) transfers to another account of the depositor at
the same institution; and
(c) transfers to an account at another depository
institution.
Line Item 2(c) Money market deposit accounts
and other savings accounts.
Report in this item all savings deposits held in the
subsidiary depository institutions (other than commercial
banks) consolidated in this report by the reporting holding company, other than NOW accounts, ATS accounts,
or other transaction accounts that are in the form of
savings deposits.
Include in this item the following:
(1) Savings deposits subject to telephone and preauthorized transfers where the depositor is not permitted or
authorized to make more than six withdrawals per
month for purposes of transferring funds to another
account or for making a payment to a third party
by means of preauthorized or telephone agreement,
order, or instruction.
(2) Savings deposits subject to no more than six transfers
per month for purposes of covering overdrafts (i.e.,
overdraft protection plan accounts).
HC-E-6

Schedule HC-E

FR Y-9C
March 2017

Schedule HC-E

Exclude from this item the following:
(1) NOW accounts and ATS accounts (report in item 2(b)
above).
(2) Overdraft protection plan accounts that permit more
than six transfers per month (report in item 2(a) as
noninterest-bearing balances).
(3) Savings deposits subject to telephone or preauthorized transfer (report in item 2(b) above), unless the
depositor is not permitted or not authorized to make
more than six withdrawals per month for purposes of
transferring funds to another account or for making a
payment to a third party by means of preauthorized
or telephone agreement, order, or instruction.
(4) Interest accrued on savings deposits but not yet paid
or credited to a deposit account (exclude from this
schedule and report in Schedule HC, item 20, ‘‘Other
liabilities’’).
Line Item 2(d) Time deposits of $250,000 or less.
Report in this item all time deposits with balances of
$250,000 or less that are held in domestic offices of
‘‘other depository institutions’’ (other than commercial
banks), as defined in item 2 above that are subsidiaries of
the reporting holding company. This item includes both
time certificates of deposit and open-account time deposits with balances of $250,000 or less, regardless of
negotiability or transferability.
Include the following:
(1) Time deposits (as defined in the Glossary entry for
‘‘deposits’’), which are deposits with original maturities of seven days or more, that are not classified as
transaction accounts and that have balances of
$250,000 or less.
(2) Interest paid by crediting nontransaction time deposit
accounts with balances of $250,000 or less.
(3) Time deposits issued to deposit brokers in the form
of large (more than $250,000) certificates of deposit
that have been participated out by the broker in
shares of $250,000 or less. In addition, if the depository institution has issued a master certificate of
deposit to a deposit broker in an amount that exceeds
$250,000 and under which brokered certificates of
deposit are issued in $1,000 amounts (so-called
“retail brokered deposits”), individual depositors who
purchase multiple certificates issued by the deposiFR Y-9C
Schedule HC-E

March 2017

tory institution normally do not exceed the applicable
deposit insurance limit (currently $250,000). Under
current deposit insurance rules the deposit broker is
not required to provide information routinely on
these purchasers and their account ownership capacity to the depository institution issuing the deposits.
If this information is not readily available to the
issuing depository institution, these brokered certificates of deposit in $1,000 amounts should be reported
in this item as time deposits $250,000 or less.
Exclude from this item all time deposits with balances of
more than $250,000 (report in item 2(e) below).
Line Item 2(e) Time deposits of more than
$250,000.
Report in this item all time deposits, including time
certificates of deposit and open-account time deposits
with balances of more than $250,000, regardless of
negotiability or transferability that are held in depository
institutions (other than commercial banks) that are subsidiaries of the reporting holding company.
Include the following:
(1) Time deposits (as defined in the Glossary entry for
“deposits”), which are deposits with original maturities of seven days or more, that are not classified as
transaction accounts and that have balances of more
than $250,000.
(2) Interest paid by crediting nontransaction time deposit
accounts with balances of more than $250,000.
Exclude the following:
(1) All time deposits issued to deposit brokers in the
form of large (more than $250,000) certificates of
deposit that have been participated out by the broker
in shares of $250,000 or less (report in item 2(d)).
(2) All time deposits with balances of $250,000 or less
(report in item 2(d)),
NOTE: Holding companies should include as time deposits held in their depository institution subsidiaries (other
than commercial banks) with balances of more than
$250,000, those time deposits originally issued in denominations of $250,000 or less, but that, because of interest
paid or credited, or because of additional deposits, now
have a balance of more than $250,000.
HC-E-7

Schedule HC-E

Memoranda
Line Item M1 Brokered deposits $250,000 or less
with a remaining maturity of one year or less.
Report in this item those brokered time deposits included
in items 1 or 2 above with balances of $250,000 or less
with a remaining maturity of one year or less and are held
in domestic offices of commercial banks or other depository institutions that are subsidiaries of the reporting
holding company. Remaining maturity is the amount of
time remaining from the report date until the final
contractual maturity of a brokered deposit. Include in this
item time deposits issued to deposit brokers in the form
of large (more than $250,000) certificates of deposit that
have been participated out by the broker in shares of
$250,000 or less. Also report in this item all brokered
demand and savings deposits with balances of $250,000
or less. See the Glossary entries for ‘‘Brokered deposits’’
and ‘‘Brokered retail deposits’’ for additional information.
Line Item M2 Brokered deposits $250,000 or less
with a remaining maturity of more than one year.
Report in this item those brokered time deposits included
in items 1 or 2 above with balances of $250,000 or less
with a remaining maturity of more than one year and are
held in domestic offices of commercial banks or other
depository institutions that are subsidiaries of the reporting holding company. Remaining maturity is the amount
of time remaining from the report date until the final

HC-E-8

contractual maturity of a brokered deposit. Include in this
item time deposits issued to deposit brokers in the form
of large (more than $250,000) certificates of deposit that
have been participated out by the broker in shares of
$250,000 or less. See the Glossary entries for “Brokered
deposits” and “Brokered retail deposits” for additional
information.
Line Item M3 Time deposits of more than
$250,000 with a remaining maturity of one year or
less.
Report in this item time deposits included in items 1(e)
and 2(e) above that are issued in denominations of more
than $250,000 with a remaining maturity of one year or
less. Remaining maturity is the amount of time remaining
from the report date until the final contractual maturity of
a time deposit. Exclude from this item time deposits
issued to deposit brokers in the form of large (more than
$250,000) certificates of deposit that have been participated out by the broker in shares of $250,000 or less.
Line Item M4 Foreign office time deposits with a
remaining maturity of one year or less.
Report all time deposits in foreign offices with remaining
maturities of one year or less. Remaining maturity is the
amount of time remaining from the report date until the
final contractual maturity of a time deposit. The time
deposits included in this item will also have been
included in Schedule HC, item 13(b).

Schedule HC-E

FR Y-9C
March 2017

LINE ITEM INSTRUCTIONS FOR

Other Assets
Schedule HC-F

General Instructions
Complete this schedule for the fully consolidated holding
company. Eliminate all intercompany balances between
offices, subsidiaries, and other entities included in the
scope of the consolidated holding company.
Line Item 1 Accrued interest receivable.
Report the amount of interest earned or accrued on
earning assets and applicable to current or prior periods
that has not yet been collected. Accrued interest on
securities purchased may be reported in this item, or in
item 6 below, if accounted for separately from ‘‘accrued
interest receivable’’ in the holding company’s records.
Exclude retained interest in accrued interest receivable
related to securitized credit cards (report in Schedule
HC-F, item 6).
Line Item 2 Net deferred tax assets.
Report the net amount after offsetting deferred tax assets
(net of valuation allowance) and deferred tax liabilities
measured at the report date for a particular tax jurisdiction if the net result is a debit balance. If the result for a
particular tax jurisdiction is a net credit balance, report
the amount in Schedule HC-G, item 2, ‘‘Net deferred tax
liabilities.’’ If the result for each tax jurisdiction is a
net credit balance, enter a zero or the word ‘‘none’’ in this
item. (A holding company may report a net deferred tax
debit, or asset, for one tax jurisdiction, such as for federal
income tax purposes, and also report at the same time a
net deferred tax credit, or liability, for another tax
jurisdiction, such as for state or local income tax purposes.)
For further information on calculating deferred taxes for
different tax jurisdictions, see the Glossary entry for
‘‘income taxes.’’
FR Y-9C
Schedule HC-F June 2018

Line Item 3 Interest-only strips receivable (not in
the form of a security):
Report the fair value of interest-only strips receivable
(not in the form of a security) on mortgage loans and all
other financial assets.
As defined in ASC Topic 860, Transfers and Servicing
(formerly FASB Statement No. 140, Accounting for
Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, as amended), an interest-only
strip receivable is the contractual right to receive some or
all of the interest due on a bond, mortgage loan, collateralized mortgage obligation, or other interest-bearing
financial asset. This includes, for example, contractual
rights to future interest cash flows that exceed contractually specified servicing fees on financial assets that have
been sold. Report the interest-only strips receivable not
in the form of a security that are measured at fair value
like available-for-sale securities.1 Report unrealized gains
(losses) on these interest-only strips receivable in Schedule HC, item 26(b), ‘‘Accumulated other comprehensive
income.’’
Exclude from this item interest-only strips receivable in
the form of a security, which should be reported as
available-for-sale securities in Schedule HC, item 2(b),
or as trading assets in Schedule HC, item 5, as appropriate. Also exclude interest-only strips not in the form of
a security that are held for trading, which should be
reported in Schedule HC, item 5.
Line Item 4 Equity investments without readily
determinable fair values.
Report the reporting holding company’s equity securities
and other equity investments without readily determinable fair values that are not reportable in other items on
1. An interest-only strip receivable is not in the form of a security if the
strip does not meet the definition of a security in ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB Statement No.
115, Accounting for Certain Investments in Debt and Equity Securities).

HC-F-1

Schedule HC-F

the FR Y-9C report balance sheet (Schedule HC). An
equity security does not have a readily determinable fair
value if sales prices or bid-and-asked quotations are not
currently available on a securities exchange registered
with the U.S. Securities and Exchange Commission
(SEC) or are not publicly reported by the National
Association of Securities Dealers Automated Quotations
systems or by OTC Markets Group Inc. The fair value of
an equity security traded only in a foreign market is not
readily determinable if that foreign market is not of a
breadth and scope comparable to one of the U.S. markets
referred to above.
Equity investments that do not have readily determinable
fair values may have been purchased by the reporting
holding company or acquired for debts previously contracted.
For holding companies that have not adopted FASB
Accounting Standards Update No. 2016-01 (ASU 201601), which includes provisions governing the accounting
for investments in equity securities (see the Note preceding the instructions for Schedule HC, item 2(c), report
equity securities and other equity investments without
readily determinable fair values at historical cost. These
equity securities are outside the scope of ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB
Statement No. 115, “Accounting for Certain Investments
in Debt and Equity Securities”).
For holding companies that have adopted ASU 2016-01,
report equity securities and other equity investments
without readily determinable fair values at (i) fair value
or (ii) if chosen by the reporting holding company for an
individual equity investment that does not have a readily
determinable fair value, at cost minus impairment, if any,
plus or minus changes resulting from observable price
changes in orderly transactions for the identical or a
similar investment of the same issuer. These equity
securities are within the scope of ASC Topic 321,
Investments-Equity Securities, or ASC Topic 323,
Investments-Equity Method and Joint Ventures.
Although Federal Reserve Bank stock and Federal Home
Loan Bank stock do not have readily determinable fair
values, they are outside the scope of ASC Topics 321 and
323. In accordance with ASC Subtopic 942-325, Financial Services-Depository and Lending – InvestmentsOther, Federal Reserve Bank stock and Federal Home
Loan Bank stock are carried at cost and evaluated for
impairment.
HC-F-2

Include in this item:
(1) Federal Reserve Bank stock.
(2) Common and preferred stocks that do not have
readily determinable fair values, such as stock of
bankers’ banks and Class B voting common stock of
the Federal Agricultural Mortgage Corporation
(Farmer Mac).
(3) Federal Home Loan Bank stock.
(4) ‘‘Restricted stock,’’ as defined in ASC Topic 320,
i.e., equity securities for which sale is restricted by
governmental or contractual requirement (other than
in connection with being pledged as collateral),
except if that requirement terminates within one year
or if the holder has the power by contract or otherwise to cause the requirement to be met within one
year.
(5) Participation certificates issued by a Federal Intermediate Credit Bank, which represent nonvoting stock
of the bank.
(6) Minority interests held by the reporting holding
company in any company not meeting the definition
of associated company, except minority holdings that
indirectly represent premises of the holding company
(report in Schedule HC, item 6), other real estate
owned (report in Schedule HC, item 7), or investments in real estate ventures (report in Schedule HC,
item 9), provided that the fair value of any capital
stock representing the minority interest is not readily
determinable. (See the Glossary entry for ‘‘subsidiaries’’ for the definition of associated company.)
(7) Equity holdings in those corporate ventures over
which the reporting bank does not exercise significant influence, except equity holdings that indirectly
represent premises of the holding company (report in
Schedule HC, item 6), other real estate owned (report
in Schedule HC, item 7), or investments in real estate
ventures (report in Schedule HC, item 9). (See the
Glossary entry for ‘‘subsidiaries’’ for the definition of
corporate joint venture.)
Exclude from this item:
(1) Investments in subsidiaries that have not been consolidated; associated companies; corporate joint ventures, unincorporated joint ventures, and general
Schedule HC-F

FR Y-9C
June 2018

Schedule HC-F

partnerships over which the holding company exercises significant influence; and noncontrolling investments in certain limited partnerships and limited
liability companies (described in the Glossary entry
for ‘‘equity method of accounting’’) (report in Schedule HC, item 8, ‘‘Investments in unconsolidated
subsidiaries and associated companies,’’ or item 9,
‘‘Direct and indirect investments in real estate ventures,’’ as appropriate).

Line Item 5(a) General account life insurance
assets.
Report the amount of the holding company’s holdings of
life insurance assets associated with general account
insurance policies. In a general account life insurance
policy, the general assets of the insurance company
issuing the policy support the policy’s cash surrender
value.

(2) Preferred stock that by its terms either must be
redeemed by the issuing enterprise or is redeemable
at the option of the investor (report in Schedule HC-B, item 6, ‘‘Other debt securities’’).

Also include the portion of the carrying value of:

Line Item 5 Life insurance assets.

(2) Hybrid account policies that represents general
account claims on the insurance company, such as
any shortfall in the value of the separate account
assets supporting the cash surrender value of the
policies.

Report in the appropriate subitem the amount of the
holding company’s general account, separate account,
and hybrid account holdings of life insurance that could
be realized under the insurance contracts as of the report
date. In general, this amount is the cash surrender value
reported to the holding company by the insurance carrier,
less any applicable surrender charges not reflected by the
carrier in the reported cash surrender value, on all forms
of permanent life insurance policies owned by the holding company, its consolidated subsidiaries, and grantor
(rabbi) trusts established by the holding company or its
consolidated subsidiaries, regardless of the purposes for
acquiring the insurance. A holding company should also
consider any additional amounts included in the contractual terms of the insurance policy in determining the
amount that could be realized under the insurance contract. For further information, see the Glossary entry for
‘‘bank-owned life insurance.’’
Permanent life insurance refers to whole and universal
life insurance, including variable universal life insurance.
Purposes for which insurance may be acquired include
offsetting pre- and post-retirement costs for employee
compensation and benefit plans, protecting against the
loss of key persons, and providing retirement and death
benefits to employees.
Include as life insurance assets the holding company’s
interest in insurance policies under split-dollar life insurance arrangements with directors, officers, and employees under both the endorsement and collateral assignment
methods.
FR Y-9C
Schedule HC-F

March 2013

(1) Separate account policies that represents general
account claims on the insurance company, such as
realizable deferred acquisition costs and mortality
reserves; and

Line Item 5(b) Separate account life insurance
assets.
Report the amount of the holding company’s holdings of
life insurance assets associated with separate account
insurance policies. In a separate account policy, the
policy’s cash surrender value is supported by assets
segregated from the general assets of the insurance
carrier. Under such an arrangement, the policyholder
neither owns the underlying separate account created by
the insurance carrier on its behalf nor controls investment
decisions in the underlying account, but does assume all
investment and price risk.
Separate accounts are employed by life insurers to meet
specific investment objectives of policyholders. The
accounts are often maintained as separate accounting and
reporting entities for pension plans as well as fixed
benefit, variable annuity, and other products. Investment
income and investment gains and losses generally accrue
directly to such policyholders and are not accounted for
on the general accounts of the insurer. On the books of
the insurer, the carrying values of separate account assets
and liabilities usually approximate each other with little
associated capital. Because they are legally segregated,
the assets of each separate account are not subject to
claims on the insurer that arise out of any other business
of the insurance company.
HC-F-3

Schedule HC-F

Line Item 5(c) Hybrid account life insurance
assets.
Report the amount of the holding company’s holdings of
life insurance assets associated with hybrid account
insurance policies. A hybrid account insurance policy
combines features of both general and separate account
insurance products. Similar to a general account life
insurance policy, a hybrid policy offers a guaranteed
minimum crediting rate, does not carry market value risk,
and does not require stable value protection. However,
like a separate account life insurance policy, a hybrid
policy’s cash surrender value is supported by assets
segregated from the general assets of the insurance
carrier. Because they are legally segregated, the assets of
each separate account are not subject to claims on the
insurer that arise out of any other business of the
insurance company. Additionally, the holding company
holding the hybrid account life insurance policy is able to
select the investment strategy in which the insurance
premiums are invested. Under such an arrangement, the
policyholder neither owns the underlying separate account
created by the insurance carrier on its behalf nor controls
investment decisions in the underlying account.
Line Item 6 Other.
Report the amount of all other assets (other than those
reported in Schedule HC-F, items 1, 2, 3, 4, and 5 above)
which cannot properly be reported in Schedule HC,
items 1 through 10.
Include as all other assets:
(1) Prepaid expenses i.e., those applicable as a charge
against earnings in future periods.
(2) Cost of issuing subordinated notes and debentures
and the cost of issuing notes payable to unconsolidated special purpose entities that issue trust preferred securities, net of accumulated amortization.
(3) Automobiles, boats, equipment, appliances, and
similar personal property repossessed or otherwise
acquired for debts previously contracted.
(4) Derivative instruments that have a positive fair
value that the holding company holds for purposes
other than trading. For further information, see
Glossary entry for ‘‘derivative contracts.’’
HC-F-4

(5) Accrued interest on securities purchased (if
accounted for separately from ‘‘accrued interest
receivable’’ in the holding company’s records).
(6) Cash items not conforming to the definition of
‘‘Cash items in process of collection’’ found in the
instruction to Schedule HC, item 1(a).
(7) Credit or debit card sales slips in process of collection until the reporting holding company has been
notified that it has been given credit (report thereafter in Schedule HC, item 1(a), ‘‘Noninterest-bearing
balances and currency and coin’’).
(8) Purchased computer software, net of accumulated
amortization, and unamortized costs of computer
software to be sold, leased, or otherwise marketed
capitalized in accordance with the provisions of
ASC Subtopic 985-20, Software – Costs of Software to Be Sold, Leased or Marketed (formerly
FASB Statement No. 86, Accounting for the Cost of
Computer Software to be Sold, Leased, or Otherwise Marketed).
(9) Bullion (e.g., gold or silver) not held for trading
purposes.
(10) Original art objects, including paintings, antique
objects, and similar valuable decorative articles
(report at cost unless there has been a decline in
value, judged to be other than temporary, in which
case the object should be written down to its fair
value).
(11) Securities or other assets held in charitable trusts
(e.g., Clifford Trusts).
(12) The full amount (with the exceptions noted below)
of customers’ liability to the reporting holding
company on drafts and bills of exchange that have
been accepted by the reporting holding company, or
by others for its account, and are outstanding. The
amount of customers’ liability to the reporting
holding company on its acceptances that have not
yet matured should be reduced only when: (a) the
customer anticipates its liability to the reporting
holding company on an outstanding acceptance by
making a payment to the holding company in
advance of the acceptance’s maturity that immediately reduces the customer’s indebtedness to the
holding company on such an acceptance; or (b) the
reporting holding company acquires and holds its
Schedule HC-F

FR Y-9C
March 2013

Schedule HC-F

own acceptance. See the Glossary entry for ‘‘bankers acceptances’’ for further information.
(13) Debt issuance costs related to line-of-credit arrangements, net of accumulated amortization. Debt issuance costs related to a recognized debt liability that
is not a line-of-credit arrangement should be presented as a direct deduction from the face amount
of the related debt, not as an asset. For debt
reported at fair value under a fair value option, debt
issuance costs should be expensed as incurred.
(14) Furniture and equipment rented to others under
operating leases, net of accumulated depreciation.
(15) Ground rents.
(16) Customers’ liability for deferred payment letters of
credit.

(22) Receivables arising from foreclosures on fully and
partially government-guaranteed mortgage loans if
the guarantee is not separable from the loan before
foreclosure and, at the time of foreclosure, (a) the
institution’s intent is to convey the property to the
guarantor and make a claim on the guarantee and
the holding company has the ability to recover
under that claim, and (b) any amount of the claim
that is determined on the basis of the fair value of
the real estate is fixed. For further information, see
the Glossary entry for “Foreclosed assets.”
Exclude from all other assets:
(1) Redeemed U.S. savings bonds and food stamps
(report in Schedule HC, item 1(a), ‘‘Noninterestbearing balances and currency and coin’’).

(17) Reinsurance recoverables of insurance subsidiaries
from unaffiliated reinsurers only. (Also report, as
appropriate, in Schedule HC-I).

(2) Real estate owned or leasehold improvements to
property intended for future use as premises of the
holding company (report in Schedule HC, item 6,
‘‘Premises and fixed assets’’).

(18) ‘‘Separate account assets’’ of insurance subsidiaries. (Also report, as appropriate, in Schedule
HC-I).

(3) Accounts identified as ‘‘building accounts,’’ ‘‘construction accounts,’’ or ‘‘remodeling accounts’’ (report
in Schedule HC, item 6, ‘‘Premises and fixed assets’’).

(19) The positive fair value of unused loan commitments (not accounted for as derivatives) that the
holding company has elected to report at fair value
under a fair value option.

(4) Real estate acquired in any manner for debts previously contracted (including, but not limited to, real
estate acquired through foreclosure and real estate
acquired by deed in lieu of foreclosure), even if the
holding company has not yet received title to the
property, and real estate collateral underlying a loan
when the holding company has obtained physical
possession of the collateral (report as ‘‘All other real
estate owned’’ in Schedule HC-M, item 13(b)).

(20) Retained interests in accrued interest receivable
related to securitized credit cards. For further information, see the Glossary entry for ‘‘accrued interest
receivable related to credit card securitizations.’’
(21) Indemnification assets arising from loss-sharing
agreements with the FDIC covering specified assets
acquired from failed insured depository institutions
or otherwise purchased from the FDIC. (Exclude
the assets covered by FDIC loss-sharing agreements from this component of ‘‘Other’’ assets.
Report each covered asset in the balance sheet
category appropriated to the asset on Schedule HC,
e.g., report covered held-for-investment loans in
Schedule HC, item 4(b), ‘‘Loans and leases, held
for investment.’’)

FR Y-9C
Schedule HC-F

March 2018

(5) Due bills representing purchases of securities or
other assets by the reporting bank that have not yet
been delivered (report as loans in Schedule HC-C).
(6) Factored accounts receivable (report as loans in
Schedule HC-C).
Line Item 7 Total.
Report the sum of items 1 through 6. This amount must
equal Schedule HC, item 11, ‘‘Other assets.’’

HC-F-5

LINE ITEM INSTRUCTIONS FOR

Other Liabilities
Schedule HC-G

General Instructions
Complete this schedule for the fully consolidated holding
company. Eliminate all intercompany balances between
offices, subsidiaries, and other entities included in the
scope of the consolidated holding company.

income taxes, interest on nondeposit liabilities, and other
expenses accrued through charges to expense during the
current or prior periods, but not yet paid or credited to a
deposit account.
Include as all other liabilities:

Line Item 1 Not applicable.

(1) Accounts payable.

Line Item 2 Net deferred tax liabilities.

(2) Deferred compensation liabilities.

Report the net amount after offsetting deferred tax assets
(net of valuation allowance) and deferred tax liabilities
measured at the report date for a particular tax jurisdiction if the net result is a credit balance. If the result for a
particular tax jurisdiction is a net debit balance, report the
amount in Schedule HC-F, item 2, ‘‘Net deferred tax
assets.’’ If the result for each tax jurisdiction is a net debit
balance, enter a zero in this item. (A holding company
may report a net deferred tax debit, or asset, for one tax
jurisdiction, such as for federal income tax purposes, and
also report at the same time a net deferred tax credit, or
liability, for another tax jurisdiction, such as for state or
local income tax purposes.)

(3) Dividends declared but not yet payable—Include
the amount of cash dividends declared on limitedlife preferred, perpetual preferred, and common
stock on or before the report date but not payable until after the report date. (Report dividend
checks outstanding as deposit liabilities in Schedule HC-E).

For further information on calculating deferred taxes for
different tax jurisdictions, see the Glossary entry for
‘‘income taxes.’’
Line Item 3 Allowance for credit losses on
off-balance sheet credit exposures.
Report the amount of any allowance for credit losses on
off-balance sheet exposures established in accordance
with generally accepted accounting principles.
Line Item 4 Other.
Report the amount of all other liabilities (other than those
reported in Schedule HC-G, items 2 and 3 above) that
cannot properly be reported in Schedule HC, items 13
through 19. Report the amount of interest on deposits,
FR Y-9C
Schedule HC-G

March 2013

(4) Derivative instruments that have a negative fair
value that the reporting holding company holds for
purposes other than trading. For further information, see Glossary entry for ‘‘derivative contracts.’’
(5) Deferred gains from sale–leaseback transactions.
(6) Unamortized loan fees, other than those that represent an adjustment of the interest yield, if material
(refer to the Glossary entry for ‘‘loan fees’’ for
further information).
(7) Holding company’s liability for deferred payment
letters of credit.
(8) Recourse liability accounts arising from asset transfers with recourse that are reported as sales.
(9) Claims and claims adjustment expense reserves of
insurance subsidiaries. (Also report, as appropriate,
in Schedule HC-I).
(10) Unearned premiums of insurance subsidiaries. (Also
report, as appropriate, in Schedule HC-I).
HC-G-1

Schedule HC-G

(11) Policyholder benefits and contractholder funds of
insurance subsidiaries. (Also report, as appropriate,
on Schedule HC-I).

purpose entities. For further information, see the
Glossary entry for ‘‘Trust preferred securities
issued.’’

(12) ‘‘Separate account liabilities’’ of insurance subsidiaries (Also report, as appropriate, in Schedule HC-I).

(2) Notes payable to unconsolidated special purpose
entities that issue trust preferred securities.

(13) The full amount (except as noted below) of the
liability represented by drafts and bills of exchange
that have been accepted by the reporting holding
company, or by others for its account, and that are
outstanding. The holding company’s liability on
acceptances executed and outstanding should be
reduced prior to the maturity of such acceptances
only when the reporting holding company acquires
and holds its own acceptances, i.e., only when the
acceptances are not outstanding. See the Glossary
entry for ‘‘bankers acceptances’’ for further information.
(14) Servicing liabilities.
(15) The negative fair value of unused loan commitments (not accounted for as derivatives) that the
holding company has elected to report at fair value
under a fair value option.
(16) Cash payments and other consideration received in
connection with transfers of the reporting holding
company’s other real estate owned that have been
financed by the institution and do not qualify for
sale accounting, which applicable accounting standards describe as a “liability,” a “deposit,” or a
“deposit liability.” See the Glossary entry for “foreclosed assets” for further information.
Exclude from all other liabilities (report in Schedule HC,
item 19(b), ‘‘Subordinated notes payable to unconsolidated trusts issuing trust preferred securities, and trust
preferred securities issued by consolidated special purpose entities’’):
(1) Instruments generally referred to as trust preferred
securities that are issued out of consolidated special

HC-G-2

Exclude from all other liabilities (report in appropriate
items of Schedule HC-E, Deposit Liabilities):
(1) Proceeds from sales of U.S. savings bonds.
(2) Withheld taxes, social security taxes, sales taxes, and
similar items.
(3) Mortgage and other escrow funds (e.g., funds received
for payment of taxes or insurance), sometimes
described as mortgagors’ deposits or mortgage credit
balances.
(4) Undisbursed loan funds for which borrowers are
liable and on which they pay interest. The amounts of
such undisbursed funds should be included in both
loans and deposits.
(5) Funds held as dealer reserves (see the Glossary entry
for ‘‘dealer reserve accounts’’ for the definition of
this term).
(6) Payments collected by the holding company on loans
secured by real estate and other loans serviced for
others that have not yet been remitted to the owners
of the loans.
(7) Credit balances on credit cards and other revolving
credit plans as a result of customers’ overpayments.
Also exclude from all other liabilities due bills or similar
instruments representing the holding company’s receipt
of payment and the holding company’s liability on
capital lease obligations (report in Schedule HC, item 16,
‘‘Other borrowed money’’).
Line Item 5 Total.
Report the sum of items 1 through 4. This amount must
equal Schedule HC, item 20, ‘‘Other liabilities.’’

Schedule HC-G

FR Y-9C
September 2018

LINE INSTRUCTIONS FOR

Interest Sensitivity
Schedule HC-H

General Instructions
Schedule HC-H requests information related to interest
rate sensitivity.
Information for only selected assets and liabilities is
requested in this schedule. The schedule does not provide, nor is it intended to provide, a comprehensive view
of the interest rate sensitivity position of the reporting
holding company.
The information reported on this schedule must be
consolidated on the same basis as the rest of the Consolidated Financial Statements for Holding Companies.
However, holding companies that have foreign subsidiaries or subsidiaries with more than one office in foreign
countries (including offices of consolidated foreign subsidiaries but excluding ‘‘shell’’ branches, excluding
offices in Puerto Rico or U.S. territories and possessions,
and excluding IBFs) have the option of excluding the
smallest of such non-U.S. offices from coverage in this
schedule. Such holding companies may exclude the
smallest of their offices in foreign countries (other than
‘‘shell’’ branches) when arrayed by total assets provided
that the assets of the excluded offices do not exceed
50 percent of the total assets of the holding company’s
offices (excluding ‘‘shells’’) in foreign countries and do
not exceed 10 percent of the total consolidated assets of
the reporting holding company as of the report date.
(Note: In determining the total assets of offices in foreign
countries eligible for exclusion from this schedule, holding companies should exclude not only ‘‘shell’’ branches
but also offices in Puerto Rico and U.S. territories and
possessions, domestic offices of Edge and Agreement
subsidiaries, and IBFs even though these are sometimes
referred to as ‘‘foreign’’ offices. Also, the asset totals for
all offices in foreign countries should be the component
of the total consolidated assets, i.e., should exclude all
intracompany transactions.)
The assets and liabilities included in this schedule should
FR Y-9C
Schedule HC-H

March 2013

be reported without regard to the instruments’ repayment
schedules, by remaining maturity for transactions with
fixed or predetermined rates, and by repricing frequency
for transactions with floating or adjustable rates. (See
definitions of terms below.)
Alternatively, the holding company may, at its option:
(1) continue to report its floating rate transactions by
the earliest repricing opportunity if its records provide repricing data on the length of time between the
report date and the date the rate can next change; and
(2) continue to report its multipayment transactions on
the basis of the scheduled contractual payments if its
records provide repricing data on the basis of these
scheduled contractual payments.
However, the reporting holding company must
apply either the first procedure in reporting this schedule
or the alternate procedure but it must apply one procedure consistently for every transaction reported on this
schedule.

Definitions
A fixed interest rate is a rate that is specified at the
origination of the transaction, is fixed and invariable
during the term of the instrument, and is known to both
the borrower and the lender.
A predetermined interest rate is a rate that changes
during the term of the instrument on a predetermined
basis, with the exact rate of interest over the life of the
instrument known with certainty to both the borrower
and the lender when the instrument is acquired. Examples
of predetermined-rate transactions are as follows:
(1) Loans that carry a specified interest rate, for, say, six
months and thereafter carry a rate equal to a specific
percentage over the initial rate.
(2) Loans that carry a specified interest rate while the
loan amount is below a certain threshold amount but
HC-H-1

Schedule HC-H

carry a different specified rate above that threshold
(e.g., a line of credit where the interest rate is 14%
when the unpaid balance of amounts advanced is
$100,000 or less, and 12% when the unpaid balance
is more than $100,000).
A floating or adjustable interest rate is a rate that varies,
or can vary, in relation to an index, to some other interest
rate, such as the rate on certain U.S. government securities or the bank’s ‘‘prime rate,’’ or to some other variable
criterion the exact value of which cannot be known in
advance. Therefore, the exact rate the instrument carries
at any subsequent time cannot be known at the time of
origination. If the interest rate can float or be adjusted
daily, the rate is considered immediately adjustable, even
if the rate is not, in fact, changed.
For purposes of this schedule, when the rate on an
instrument with a floating or adjustable rate can no longer
float because it has reached a floor or ceiling level, the
instrument is to be treated as ‘‘fixed rate’’ rather than as
‘‘floating rate’’ until the rate is again free to float.
Remaining maturity is the amount of time remaining
from the report date until the final contractual maturity of
the instrument without regard to the instruments repayment schedule, if any.
Repricing frequency is how often the contract permits the
interest rate on an instrument to be changed (e.g., daily,
monthly, quarterly, semiannually, annually) without regard
to the length of time between the report date and the date
the rate can next change.
Line Item 1 Earning assets that are repriceable
within one year or mature within one year.
Report all assets that the consolidated holding company
considers earning assets that have a remaining maturity
of less than one year or where the repricing frequency is
less than one year.
Earning assets generally include interest-bearing balances due from depository institutions, securities, federal
funds sold and securities purchased under agreements to
resell, and loans and leases. Assets in these categories
that are in nonaccrual status should be excluded from
earning assets.
Exclude trading account assets and equity securities.
Report in this item the following:
HC-H-2

(1) Earning assets that have a fixed or predetermined
interest rate and that have a remaining maturity of
less than one year.
Note, however, holding companies with multipayment fixed rate earning assets may continue to report
the dollar amount of scheduled contractual payments
that are to be repaid in less than one year in this item
even though the remaining maturity of the assets is
one year or more provided all multipayment transactions are reported in this manner. (See general
instructions for this schedule.)
(2) Earning assets that have a floating or variable rate
contract that permits the interest rate on the asset to
change more often than once a year, i.e., has a
repricing frequency of less than one year (even
though the remaining maturity on the assets may be
one year or more).
Note, however, holding companies whose records
provide repricing data on the length of time between
the report date and the date the rate can next change
(i.e., by earliest repricing opportunity) may continue
to report in this item the dollar amount of floating
rate earning assets with an earliest repricing opportunity of less than one year, even though the repricing
frequency is one year or more, provided all floating
rate transactions are reported on this schedule in this
manner. If a holding company chooses to report its
floating rate earning assets by the earliest repricing
opportunity, it should report in this item the dollar
amount of the contractual payments on its multipayment floating rate earning assets that are scheduled to
be repaid within one year even if the earliest repricing opportunity and the repricing frequency is one
year or more. (See general instructions for this
schedule.)
Included in this item, if the repricing frequency or
remaining maturity are less than one year, are the
following:
(1) Leases, held for investment, as fixed rate
instruments.
Note, however, holding companies may continue to
report the change in the book value of the lease
payments that are to be repaid in less than one year,
net of unearned income provided they are reporting
on this schedule using the alternate procedure
Schedule HC-H

FR Y-9C
March 2018

Schedule HC-H

described in the general instructions to this schedule. Any estimated residual value included in the
net book value should be reported if the final lease
payment is scheduled to be made in less than one
year.
(2) All demand loans made solely on a demand basis
(i.e., without an alternate maturity date or without
repayment terms).
(3) Demand loans that have an alternate maturity date
or repayment terms, as fixed or floating rate instruments, on the basis of the alternate maturity date.
(4) Credit cards and related plans with floating or
adjustable rates (e.g., where the rate varies, or can
vary, each billing cycle). Where the holding company in its contract with the borrower simply
reserves the right to change the interest rate on a
credit card or related plan, the plan should not be
considered to have a floating or adjustable rate.
Credit cards and related plans with fixed or predetermined rates are to be excluded from this item.
(5) Amortizing fixed rate mortgage loans that implicitly permit rate adjustments by having the note
mature at the end of an interval shorter than the
term of the amortization schedule unless the holding company made no promise to refinance the
loan, as a floating rate instrument.
(6) Student loans whose interest rate is adjusted periodically by the U.S. government by means of
interest payments that include an amount of ‘‘additional interest,’’ as floating rate instruments.
(7) Loans secured by real estate that are held by the
holding company or its subsidiaries for sale and
delivery to the Federal National Mortgage Association or other secondary market participants under
the terms of a binding commitment, on the basis of
the delivery date specified in the commitment.
(8) Floating rate loans on which the borrower has the
option at each repricing date to choose the next
repricing date, in accordance with the repricing
option currently in effect as of the report date.
(9) Debt securities, without regard to their call date
unless the security has actually been called. When
fixed rate debt securities have been called, they
FR Y-9C
Schedule HC-H

March 2013

should be reported on the basis of the time remaining until the call date.
(10) Mortgage pass-through certificates (such as those
issued by the Government National Mortgage
Association (GNMA), the Federal Home Loan
Mortgage Corporation (FHLMC), certain banks
and savings and loan associations, and securities
dealers) and all Small Business Administration
(SBA) ‘‘Guaranteed Loan Pool Certificates.’’
(11) Fixed rate collateralized mortgage obligations
(CMOs) and similar instruments on the basis of the
time remaining until the stated final maturity of the
instrument, not the projected final maturity or
weighted average life of the instrument.
(12) Debt securities that provide the consolidated holding company with the option to redeem them at one
or more specified dates prior to their contractual
maturity date, so-called ‘‘put bonds,’’ on the basis
of earliest ‘‘put’’ date for bonds.
(13) Zero coupon debt securities, as fixed rate debt
securities.
Line Item 2 Interest-bearing deposit liabilities that
reprice within one year or mature within one year.
Report in this item all interest-bearing deposit liabilities
that have a time remaining to maturity of less than one
year and any other interest-bearing deposit liabilities that
have a repricing frequency of less than one year (regardless of the remaining maturity), without regard to scheduled contractual payments on deposits with multiple
maturities. The amount reported in this item should
be included in Schedule HC, item 13(a)(2), ‘‘Interestbearing deposits in domestic offices,’’ and item 13(b)(2),
‘‘Interest-bearing deposits in foreign offices, Edge and
agreement subsidiaries, and IBFs.’’
Do not report deposits in domestic offices classified as
demand or savings accounts (including money market
deposit accounts and all NOW accounts).
Note, however, holding companies choosing to continue
to report their multi-maturity deposits on the basis of
their scheduled contractual payments and their floating
rate deposits by earliest repricing opportunity should
report in this item the following:
(1) the dollar amount of floating or variable rate deposits
that can be repriced in less than one year even if few,
HC-H-3

Schedule HC-H

if any, of the contractual payments are scheduled to
be repaid within one year. If the deposits have
multiple maturities and have some contractual payments scheduled to be repaid within one year, but
cannot be repriced for one year or more, include the
dollar amount of the contractual payments to be
repaid within one year. (See general instructions for
this schedule.)

even if few, if any, of the contractual payments are
scheduled to be repaid within one year. If the multipayment debt has some contractual payments scheduled to be repaid within one year, but cannot be
repriced for one year or more, include the dollar
amount of the contractual payments to be repaid
within one year. (See general instructions for this
schedule.)

(2) the dollar amount of the scheduled contractual payments that are to be repaid in less than one year if the
deposits have fixed or predetermined rates. (See
general instructions for this schedule.)

(2) the dollar amount of the scheduled contractual payments that are to be repaid in less than one year if the
long-term debt has fixed or predetermined rates. (See
general instructions for this schedule.)

Line Item 3 Long-term debt with a remaining
maturity of more than one year but reprices
within one year included in items 16 and 19(a) on
Schedule HC, Balance Sheet.
Report debt issued by the consolidated holding company
that has a remaining maturity of more than one year but
that has a repricing frequency of less than a year.
Include as long-term debt the following:
(1) Other borrowed money with a remaining maturity of
more than one year reported in Schedule HC, item 16
(excluding mortgage indebtedness and obligations
under capitalized leases reported on Schedule HC,
item 16);

Exclude from this item commercial paper, demand notes
issued to the U.S. Treasury, and other borrowings that
had a remaining maturity of one year or less, mortgage
indebtedness and obligations under capitalized leases
with a remaining maturity of more than one year that is
reported in Schedule HC, item 16, and limited-life preferred stock reported in Schedule HC, item 19(a).
Line Item 4 Variable rate preferred stock
(includes both limited-life and perpetual preferred
stock).
Report the total amount outstanding of both limited-life
(reported in Schedule HC, item 19(a)), and perpetual
preferred stock that has a floating or adjustable rate (as
defined above).

(2) Mandatory convertible securities (included in Schedule HC, item 19(a)); and

(See the Glossary entry for ‘‘preferred stock,’’ for a
definition of limited-life or perpetual preferred stock.)

(3) Subordinated notes and debentures reported in Schedule HC, item 19(a) (excluding limited-life preferred
stock and related surplus reported in Schedule HC,
item 19(a)).

Line Item 5 Long-term debt reported in
Schedule HC, item 19(a) on the Balance Sheet that
is scheduled to mature within one year.

Note, however, holding companies choosing to continue
to report their long-term debt that can be repaid in more
than one payment on the basis of their scheduled contractual payments and their floating rate long-term debt by
earliest repricing opportunity should report the following
in this item:
(1) the dollar amount of floating or variable rate longterm debt that can be repriced in less than one year

HC-H-4

Report all debt issued by the consolidated holding company and reported in Schedule HC, item 19(a), ‘‘Subordinated notes and debentures,’’ that is scheduled to
mature within one year, regardless whether the debt has
fixed or floating rates.
Include in this item the amount of such debt issued by the
consolidated holding company that is redeemable at the
option of the holder within one year, even when the debt
is scheduled to mature in more than one year.

Schedule HC-H

FR Y-9C
March 2013

LINE ITEM INSTRUCTIONS FOR

Insurance-Related Underwriting
Activities (Including Reinsurance)
Schedule HC-I

General Instructions

Part I.

Schedule HC-I, Insurance-Related Underwriting Activities (Including Reinsurance), must be submitted by all
holding companies on a consolidated basis. Report all
items in this schedule in accordance with generally
accepted accounting principles (GAAP). Include all
insurance enterprises subject to ASC Topic 944, Financial Services - Insurance (formerly FAS 60, Accounting
and Reporting by Insurance Enterprises).

Item 1 is to be completed by holding companies with
$10,000,000 or more in reinsurance recoverables as of
the effective date each quarter.

The term ‘‘subsidiary,’’ as defined in Section 225.2 of
Federal Reserve Regulation Y, generally includes companies that are 25 percent or more owned or controlled by
another company. However, for purposes of reporting
‘‘Total Assets’’ in part I, item 2 and part II, item 3, only
include the consolidated assets of those insurance underwriting and reinsurance subsidiaries that are consolidated
for financial reporting purposes under GAAP and the net
investments in unconsolidated subsidiaries and associated companies that are accounted for under the equity
method of accounting. For purposes of reporting ‘‘Total
Equity’’ in part I, item 5 and part II, item 6, include the
equity of subsidiaries that are fully consolidated under
GAAP. In addition, ‘‘Net Income’’ in part I, item 6 and
Part II, item 7, should include the net income of subsidiaries that are consolidated under GAAP and the reporting
holding company’s proportionate share of the net income
of unconsolidated subsidiaries and associated companies
that are accounted for under the equity method of
accounting.
See the Glossary entries for additional information on the
following terms: (1) Contractholder, (2) Insurance Commissions, (3) Insurance Underwriting, (4) Policyholder,
(5) Insurance Premiums, (6) Reinsurance, (7) Reinsurance Recoverables, and (8) Separate Accounts.

Property and Casualty

Assets
Line Item 1 Reinsurance recoverables.
Report reinsurance recoverables from unaffiliated property casualty reinsurers only.
Line item 2 Total assets.
Report the amount of total consolidated assets that are
specific to property casualty insurance underwriting
activities of the holding company. Include in total assets
the assets of all legal entities that are considered to be an
integral part of the company’s property casualty insurance underwriting activities.

Liabilities
Line item 3 Claims and claims adjustment expense
reserves.
Report the liability for unpaid claims and claims adjustment expense reserves, which represents the estimated
ultimate cost of settling claims, net of estimated recoveries, and including all costs expected to be incurred in
connection with the settlement of unpaid claims. Such
costs are accrued when an insured event occurs.
Line item 4 Unearned premiums.
Report the reserve for unearned premiums. Unearned
premiums represent the policy premiums associated with
the unexpired portion of the term of coverage.
Line item 5 Total equity.
Report the total equity capital of property casualty underwriting subsidiaries that are consolidated under GAAP.

FR Y-9C
Schedule HC-I September 2016

HC-I-1

Schedule HC-I

Line item 6 Net income.
Report the consolidated net income attributable to property casualty insurance underwriting related activities of
the holding company. Include the net income of all legal
entities that are considered to be an integral part of the
holding company’s property and casualty insurance
underwriting activities.

Part II.

Life and Health

Item 1 is to be completed by holding companies with
$10,000,000 or more in reinsurance recoverables as of
the effective date each quarter.

Assets
Line Item 1 Reinsurance recoverables.
Report reinsurance recoverables from unaffiliated life
and health reinsurers only.
Line item 2 Separate account assets.
Report all assets qualifying for separate account summary total presentation in the insurer’s balance sheet.
Include assets related to products in which the contractholder and not the insurer retains all or most of the
investment and/or interest rate risk.
Line item 3 Total assets.
Report the amount of total consolidated assets that are
specific to life and health insurance underwriting activities of the holding company. Include in total assets the
assets of all legal entities that are considered to be an

HC-I-2

integral part of the company’s life and health insurance
underwriting activities.

Liabilities
Line item 4 Policyholder benefits and
contractholder funds.
Report the liability for future policy benefits, which
represents the present value of future policy benefits to
be paid to or on behalf of policyholders and related
expenses less the present value of future net premiums.
Also include contractholder funds that represent receipts
from the issuance of universal life, corporate owned life
insurance, pension investment and certain deferred annuity contracts.
Line item 5 Separate account liabilities.
Report all liabilities qualifying for separate account
summary presentation in the insurer’s balance sheet.
Line item 6 Total equity.
Report the equity capital of life and health underwriting
subsidiaries that are consolidated under GAAP.
Line item 7 Net income.
Report the consolidated net income attributable to life
and health insurance underwriting related activities of the
holding company. Include the net income of all legal
entities that are considered to be an integral part of the
holding company’s life and health insurance underwriting activities.

Schedule HC-I

FR Y-9C
September 2016

LINE ITEM INSTRUCTIONS FOR

Quarterly Averages
Schedule HC-K

General Instructions
Report for the items on this schedule the average of the
balances as of the close of business for each day for the
calendar quarter or an average of the balances as of the
close of business on each Wednesday during the calendar
quarter. For days that the holding company (or any of its
consolidated subsidiaries or branches) is closed (e.g.,
Saturdays, Sundays, or holidays), use the amount outstanding from the previous business day. An office is
considered closed if there are no transactions posted to
the general ledger as of that date.
Insurance SLHCs that are completing Schedule HC-K
and do not calculate quarterly averages as prescribed by
these instructions may calculate the quarterly averages
utilizing an industry convention or may provide estimates
on a best efforts basis utilizing one of the two quarterly
average calculations prescribed in these instructions.
Disclose the method used to calculate quarterly averages
in the ‘‘Notes to the Balance Sheet - Other’’ section.
If the reporting holding company was the acquirer in a
business combination accounted for under the acquisition
method for which the acquisition date was during the
calendar quarter, the quarterly averages for the holding
company should include in the numerator:
• Dollar amounts for the reporting holding company for
each day (or each Wednesday) from the beginning of
the quarter until the acquisition date and
• Dollar amounts for the reporting holding company and
the acquired business for each day (or each Wednesday) from the acquisition date through the end of the
quarter
and should include in the denominator the number of
days (or Wednesdays) in the entire quarter.
If the reporting holding company was involved in a
transaction between entities under common control that
FR Y-9C
Schedule HC-K

March 2017

became effective during the calendar quarter and has
been accounted for at historical cost in a manner similar
to a pooling of interests, the quarterly averages for the
holding company should include dollar amounts for both
the reporting holding company and the business that was
combined in the transaction for each day (or each
Wednesday) from the beginning to the end of the quarter
in the numerator and the number of days (or Wednesdays) in the entire quarter in the denominator. For further
information on business combinations, pushdown
accounting, and transactions between entities under common control, see the Glossary entry for “business combinations.”
If the holding company began operating during the
calendar quarter, the quarterly averages for the holding
company should include only the dollar amounts for the
days (or Wednesdays) since the holding company began
operating in the numerator and the number of days (or
Wednesdays) since the holding company began operating
in the denominator.

Assets
Line Item 1 Securities.
Line Item 1(a) U.S. Treasury securities and U.S.
Government agency obligations (excluding
mortgage-backed securities).
Report the quarterly average of the amortized cost of the
holding company’s held-to-maturity and available-forsale U.S. Treasury and Government agency obligations
(as defined for Schedule HC-B, items 1 and 2, columns A
and C).
Line Item 1(b) Mortgage-backed securities.
Report the quarterly average of the amortized cost of the
holding company’s held-to-maturity and available-forsale mortgage-backed securities (as defined for Schedule
HC-B, item 4, columns A and C).
HC-K-1

Schedule HC-K

Line Item 1(c) All other debt securities and equity
securities with readily determinable fair values not
held for trading purposes.
For holding companies that have not adopted FASB
Accounting Standards Update No. 2016-01 (ASU 201601), which includes provisions governing the accounting
for investments in equity securities, including investment
in mutual funds, and eliminates the concept of availablefor-sale equity securities (see the Note preceding Schedule HC-B, item 7), report the quarterly average of the
amortized cost of the holding company’s held-to-maturity
and available-for-sale securities issued by states and
political subdivisions in the U.S., asset-backed securities
and structured financial products, and other debt securities (as defined for Schedule HC-B, items 3, 5, and 6,
columns A and C) plus the quarterly average of the
historical cost of investments in mutual funds and other
equity securities with readily determinable fair values (as
defined for Schedule HC-B, item 7, column C).
For holding companies that have adopted ASU 2016-01,
report the quarterly average of the amortized cost of the
holding company’s held-to-maturity and available-forsale securities issued by states and political subdivisions
in the U.S., asset-backed securities and structured financial products, and other debt securities (as defined for
Schedule HC-B, items 3, 5, and 6, columns A and C) plus
the quarterly average of the fair value of the holding
company’s investments in mutual funds and other equity
securities with readily determinable fair values (as defined
for Schedule HC, item 2(c)).

Line Item 2 Federal funds sold and securities
purchased under agreements to resell.
Report the quarterly average for federal funds sold and
securities purchased under agreements to resell (as
defined in Schedule HC, item 3).

Line Item 3(a)(1) Loans secured by 1-4 family
residential properties.
Report the quarterly average for loans secured by 1-4
family residential properties (in domestic offices) (as
defined for Schedule HC-C, item 1.c, column B).
Exclude ‘‘1-4 family residential construction loans’’ (in
domestic offices) (as defined for Schedule HC-C, item
1.a.(1), column B).
Line Item 3(a)(2) All other loans secured by real
estate.
Report the quarterly average for all construction, land
development, and other land loans; loans secured by
farmland; loans secured by multifamily (5 or more)
residential properties; and loans secured by nonfarm
nonresidential properties (in domestic offices) (as defined
for Schedule HC-C, items 1.a.(1), 1.a.(2), 1.b, 1.d, 1.e.(1),
and 1.e.(2), column B).
Exclude loans ‘‘Secured by 1-4 family residential properties’’ (in domestic offices) (as defined for Schedule
HC-C, items 1.c.(1), 1.c.(2)(a), and 1.c.(2)(b), column
B).
Line Item 3(a)(3) Loans to finance agricultural
production and other loans to farmers.
Report the quarterly average for loans to finance agricultural production and other loans to farmers in domestic
offices (as defined for Schedule HC-C, item 3, column B).
Line Item 3(a)(4) Commercial and industrial
loans.
Report the quarterly average for commercial and industrial loans (in domestic offices) (as defined for Schedule
HC-C, item 4, column B).
Line Item 3(a)(5) Loans to individuals for
household, family, and other personal expenditures.
Line Item 3(a)(5)(a)

Line Item 3(a) Total loans and leases in domestic
offices.
Report the quarterly average for all loans and leases, held
for investment, in domestic offices of the reporting
holding company (as defined for Schedule HC-C, items 1
through 11, column B).
HC-K-2

Credit cards.

Report the quarterly average for credit cards (in domestic
offices) (as defined for Schedule HC-C, item 6(a)).
Line Item 3(a)(5)(b)

Other.

Report the quarterly average for all other loans (in
domestic offices) to individuals for household, family,
Schedule HC-K

FR Y-9C
March 2018

Schedule HC-K

and other personal expenditures other than credit cards
(as defined for Schedule HC-C, items 6(b), 6(c), and
6(d)).
Line Item 3(b) Total loans and leases in foreign
offices, Edge and Agreement subsidiaries, and IBFs.
Report the quarterly average for total loans and leases
held for investment (as defined for Schedule HC-C, items
1 through 10, less item 11), held in the reporting holding
company’s foreign offices, Edge and Agreement subsidiaries, and IBFs.
Note: Item 4(a) is to be completed by holding companies
that reported total trading assets of $10 million or more in
any of the four preceding calendar quarters.
Line Item 4(a) Trading assets.
Report the quarterly average for the fully consolidated
holding company for trading assets (as defined for Schedule HC, item 5). Trading assets include derivatives with
positive fair values.
Line Item 4(b) Other earning assets.
Report the quarterly average for those other assets that
the holding company considers earning assets.
Line Item 5 Total consolidated assets.
For holding companies that have not adopted FASB
Accounting Standards Update No. 2016-01 (ASU 201601), which includes provisions governing the accounting
for investments in equity securities, including investment
in mutual funds, and eliminates the concept of availablefor-sale equity securities (see the Note preceding the
instructions for Schedule HC, item 2(c), report the quarterly average for the fully consolidated holding company’s total assets as defined for Schedule HC, item 12,
‘‘Total assets’’ except that this quarterly average should
reflect
• All debt securities not held for trading at amortized
cost;
• Available-for-sale equity securities with readily determinable fair values not held for trading at the lower of
cost or fair; and
• Equity securities and other equity investments without
readily determinable fair values not held for trading as
defined for “Total assets,” report such securities and
FR Y-9C
Schedule HC-K

June 2018

investments at their balance sheet carrying values not
held for trading at historical cost.
This exception for equity securities and other equity
investments does not apply to those accounted for under
the equity method or that result in consolidation.
For holding companies that have adopted ASU 2016-01,
report the quarterly average for the holding company’s
total assets, as defined for “Total assets,” on Schedule
HC, item 12, except that this quarterly average should
reflect
• All debt securities not held for trading at amortized
cost;
• Equity securities with readily determinable fair values
not held for trading at fair value; and
• Equity securities and other equity investments without
readily determinable fair values not held for trading as
defined for “Total assets,” report such securities and
investments at their balance sheet carrying values (i.e.,
fair value or, if elected, cost minus impairment, if any,
plus or minus changes resulting from observable price
changes in orderly transactions for the identical or a
similar investment of the same issuer).
This exception for equity securities and other equity
investments does not apply to those accounted for under
the equity method or that result in consolidation.
In addition, to the extent that net deferred tax assets
included in the holding company’s total assets, if any,
include the deferred tax effects of any unrealized holding
gains and losses on available-for-sale debt securities,
these deferred tax effects may be excluded from the
determination of the quarterly average for total
consolidated assets. If these deferred tax effects are
excluded, this treatment must be followed consistently
over time.
This item is not the sum of items 1 through 4(b).

Liabilities
Line Item 6 Interest-bearing deposits (domestic).
Report the quarterly average for all interest-bearing
deposits held in domestic offices of depository institutions that are consolidated subsidiaries of the holding
company or of its subsidiaries. Include all interestbearing demand, time and savings deposits in domestic
HC-K-3

Schedule HC-K

offices (as defined for Schedule HC-E, items 1(b) through
1(e) and items 2(b) through 2(e)).

Line Item 7 Interest-bearing deposits (foreign).
Report the quarterly average for interest- bearing deposits in foreign offices of depository institutions that are
consolidated subsidiaries of the reporting holding company, Edge and Agreement subsidiaries, and IBFs (as
defined for Schedule HC, item 13(b)(2), ‘‘Interestbearing’’).

Line Item 8 Federal funds purchased and
securities sold under agreements to repurchase.
Report the quarterly average for federal funds purchased
and securities sold under agreements to repurchase (as
defined in Schedule HC, item 14).

HC-K-4

Line Item 9 All other borrowed money.
Report the quarterly average for the fully consolidated
holding company’s other borrowed money (as defined for
Schedule HC, item 16).
Included are commercial paper and all other borrowed
money regardless of maturity.
Line Item 10 Not applicable.
Line Item 11 Total equity capital (excludes
limited-life preferred stock).
Report the quarterly average for the fully consolidated
holding company’s total equity capital (as defined for
Schedule HC, item 27(a)). For purposes of this schedule,
include net unrealized losses on marketable equity securities, other net unrealized gains and losses on availablefor-sale securities, and accumulated net gains (losses) on
cash flow hedges when calculating average equity
capital.

Schedule HC-K

FR Y-9C
March 2013

LINE ITEM INSTRUCTIONS FOR

Derivatives and Off-Balance-Sheet Items
Schedule HC-L

General Instructions
Report on a fully consolidated basis the following
selected commitments, contingencies, and other offbalance sheet items. Exclude from this schedule contingencies arising in connection with litigation. For those
asset-backed commercial paper program conduits that the
reporting holding company consolidates onto its balance
sheet (Schedule HC) in accordance with ASC Subtopic
810-10, Consolidation – Overall (formerly FASB Interpretation No. 46 (R), Consolidation of Variable Interest
Entities, as amended by FASB Statement No. 167,
Amendments to FASB Interpretation No. 46(R)), any
credit enhancements and liquidity facilities the holding
company provides to the programs should not be reported
in Schedule HC-L. In contrast, for conduits that the
reporting holding company does not consolidate, the
holding company should report the credit enhancements
and liquidity facilities it provides to the programs in the
appropriate items of Schedule HC-L.
Line Item 1 Unused commitments.
Report in the appropriate subitem the unused portions of
commitments. Unused commitments are to be reported
gross, i.e., include in the appropriate subitem the unused
amount of commitments acquired from and conveyed or
participated to others. However, exclude commitments
conveyed or participated to others that the holding company is not legally obligated to fund even if the party to
whom the commitment has been conveyed or participated fails to perform in accordance with the terms of the
commitment.

(2) Commitments for which the holding company has
charged a commitment fee or other consideration.
(3) Commitments that are legally binding.
(4) Loan proceeds that the holding company is obligated
to advance, such as:
(a) Loan draws;
(b) Construction progress payments; and
(c) Seasonal or living advances to farmers under
prearranged lines of credit.
(5) Rotating, revolving, and open-end credit arrangements, including, but not limited to, retail credit card
lines and home equity lines of credit.
(6) Commitments to issue a commitment at some point
in the future, where the holding company has extended
terms, the borrower has accepted the offered terms,
and the extension and acceptance of the terms:
(a) Are in writing, regardless of whether they are
legally binding on the holding company and the
borrower, or
(b) If not in writing, are legally binding on the
holding company and the borrower, 1
even though the related loan agreement has not yet
been signed and even if the commitment to issue a
commitment is revocable, provided any revocation
has not yet taken effect as of the report date.
(7) Overdraft protection on depositors’ accounts offered
under a program where the holding company advises
account holders of the available amount of overdraft

For purposes of this item, commitments include:
(1) Commitments to make or purchase extensions of
credit in the form of loans or participations in loans,
lease financing receivables, or similar transactions.
FR Y-9C
Schedule HC-L March 2013

1. For example, either the extension or the acceptance of the terms or
both are verbal, but they are nonetheless legally binding on both parties
under applicable law.

HC-L-1

Schedule HC-L

protection, for example, when accounts are opened or
on depositors’ account statements or ATM receipts.
(8) The holding company’s own takedown in securities
underwriting transactions.
(9) Revolving underwriting facilities (RUFs), note issuance facilities (NIFs), and other similar arrangements, which are facilities under which a borrower
can issue on a revolving basis short-term paper in its
own name, but for which the underwriting holding
company has a legally binding commitment either to
purchase any notes the borrower is unable to sell by
the rollover date or to advance funds to the borrower.
Exclude forward contracts and other commitments that
meet the definition of a derivative and must be
accounted for in accordance with ASC Topic 815,
Derivatives and Hedging (formerly Statement No. 133,
Accounting for Derivative Instruments and Hedging
Activities, as amended), which should be reported in
Schedule HC-L, item 13. Include the amount (not the
fair value) of the unused portions of loan commitments
that do not meet the definition of a derivative that the
holding company has elected to report at fair value
under a fair value option. Also include forward
contracts that do not meet the definition of a
derivative.
The unused portions of commitments are to be reported
in the appropriate subitem regardless of whether they
contain ‘‘material adverse change’’ clauses or other provisions that are intended to relieve the issuer of its
funding obligations under certain conditions and regardless of whether they are unconditionally cancelable at
any time.
In the case of commitments for syndicated loans, report
only the holding company’s proportional share of the
commitment.
For purposes of reporting the unused portions of revolving asset-based lending commitments, the commitment is
defined as the amount a holding company is obligated to
fund — as of the report date — based on the contractually agreed upon terms. In the case of revolving assetbased lending, the unused portions of such commitments
should be measured as the difference between (a) the
lesser of the contractual borrowing base (i.e., eligible
collateral times the advance rate) or the note commitment
limit, and (b) the sum of outstanding loans and letters of
credit under the commitment. The note commitment limit
HC-L-2

is the overall maximum loan amount beyond which the
holding company will not advance funds regardless of
the amount of collateral posted. This definition of ‘‘commitment’’ is applicable only to revolving asset-based
lending, which is a specialized form of secured lending in
which a borrower uses current assets (e.g., accounts
receivable and inventory) as collateral for a loan. The
loan is structured so that the amount of credit is limited
by the value of the collateral.
Line Item 1(a) Revolving, open-end loans secured
by 1–4 family residential properties, e.g., home
equity lines.
Report the unused portion of commitments to extend
credit under revolving, open-end lines of credit secured
by 1 to 4 family residential properties. These lines,
commonly known as home equity lines, are typically
secured by a junior lien and are usually accessible by
check or credit card.
Note: Items 1(b)(1) and 1(b)(2) are to be completed
semiannually in the June and December reports only.
Line Item 1(b) Credit card lines.
Report in the appropriate subitem the unused portions of
all commitments to extend credit both to individuals for
household, family, and other personal expenditures and
to other customers, including commercial and industrial
enterprises, through credit cards. Exclude home equity
lines accessible through credit cards. Holding companies
may report unused credit card lines as of the end of their
customers’ last monthly billing cycle prior to the report
date or as of the report date.
Line Item 1(b)(1) Unused consumer credit card
lines.
Report the unused portions of all commitments to extend
credit to individuals for household, family, and other
personal expenditures through credit cards.
Line Item 1(b)(2) Other unused credit card lines.
Report the unused portions of all commitments to extend
credit to customers through credit cards for purposes
other than household, family, and other personal expenditures. Include, for example, unused credit card lines
under ‘‘corporate’’ or ‘‘business’’ credit card programs
under which credit cards are issued to one or more of a
company’s employees for business-related uses.
Schedule HC-L

FR Y-9C
June 2018

Schedule HC-L

Line Item 1(c)(1) Commitments to fund
commercial real estate, construction, and land
development loans secured by real estate.
Report in the appropriate subitem the unused portion of
commitments to extend credit for the specific purpose of
financing commercial and multifamily residential properties (e.g., business and industrial properties, hotels,
motels, churches, hospitals, and apartment buildings),
provided that such commitments, when funded, would be
reportable as either loans secured by multifamily residential properties in Schedule HC-C, item 1(d), or loans
secured by nonfarm nonresidential properties in Schedule
HC-C, item 1(e).
Also include the unused portions of commitments to
extend credit for the specific purpose of (a) financing
land development (i.e., the process of improving land—
laying sewers, water pipes, etc.) preparatory to erecting
new structures or (b) the on-site construction of industrial, commercial, residential, or farm buildings, provided
that such commitments, when funded, would be reportable as loans secured by real estate in Schedule HC-C,
item 1(a). For this item, ‘‘construction’’ includes not only
construction of new structures, but also additions or
alterations to existing structures and the demolition of
existing structures to make way for new structures. Also,
include in this item loan proceeds the holding company is
obligated to advance as construction progress payments.
Do not include general lines of credit that a borrower, at
its option, may draw down to finance construction and
land development. (Report this in item 1(c)(2) or 1(e)
below, as appropriate).
The sum of items 1(c)(1)(a) and 1(c)(1)(b), below, must
equal Schedule HC-L, item 1(c)(1).
Line Item 1(c)(1)(a) 1–4 family residential
construction loan commitments.
Report the unused portions of commitments to extend
credit for the specific purpose of constructing 1–4 family
residential properties, provided that such commitments,
when funded, would be reportable as loans secured by
real estate in Schedule HC-C, item 1(a)(1), ‘‘1–4 family
residential construction loans.”
Line Item 1(c)(1)(b) Commercial real estate, other
construction loan, and land development loan
commitments.
Report the unused portions of all other commitments to
fund commercial real estate, construction, and land develFR Y-9C
Schedule HC-L

March 2013

opment loans secured by real estate (as defined for
Schedule HC-L, item 1(c)(1)) other than commitments to
fund 1–4 family residential construction (as defined for
Schedule HC-L, item 1(c)(1)(a)).
Line Item 1(c)(2) Commitments to fund
commercial real estate, construction, and land
development loans NOT secured by real estate.
Report in this item the unused portions of all commitments to extend credit for the specific purpose of financing commercial and residential real estate activities, e.g.,
acquiring, developing and renovating commercial and
residential real estate provided that such commitments,
when funded, would be reportable as ‘‘Commercial and
industrial loans’’ in Schedule HC-C, item 4, or as ‘‘All
other loans’’ in Schedule HC-C, item 9(b)(2). Include in
this item loan proceeds that the holding company or its
consolidated subsidiaries are obligated to advance as
construction progresses.
Such commitments generally may include:
(1) commitments to extend credit for the express purpose
of financing real estate ventures as evidenced by
underlying commitment documentation or other circumstances connected with the commitment; or
(2) commitments made to organizations or individuals
80 percent of whose revenue or assets are derived
from or consist of real estate ventures or holdings.
Exclude any commitments that when funded would be
reported in Schedule HC-C, item 1. Also exclude commitments made to commercial and industrial firms where
the sole purpose for the financing is to construct a factory
or office building to house the company’s operations or
employees.
Line Item 1(d) Securities underwriting.
Report the unsold portion of the reporting holding company’s own takedown in securities underwriting transactions. Include note issuance facilities (NIFs) and revolving underwriting facilities (RUFs) in this item.
Line Item 1(e) Other unused commitments.
Report in the appropriate subitem the unused portion of
all commercial and industrial loan commitments, commitments for loans to financial institutions, and all other
commitments not reportable in Schedule HC-L, items
1(a) through 1(d), above. Include commitments to extend
HC-L-3

Schedule HC-L

credit through overdraft facilities or commercial lines of
credit, retail check credit and related plans, and those
overdraft protection programs in which the holding company advises account holders of the available amount of
protection.
Line Item 1(e)(1) Commercial and industrial
loans.
Report the unused portions of commitments to extend
credit for commercial and industrial purposes, i.e., commitments that, when funded, would be reportable as
commercial and industrial loans in Schedule HC-C, item
4, ‘‘Commercial and industrial loans.’’ Exclude unused
credit card lines to commercial and industrial enterprises
(report in Schedule HC-L, item 1(b)(2), above).
Line Item 1(e)(2) Loans to financial institutions.
Report the unused portions of commitments to extend
credit to financial institutions, i.e., commitments that,
when funded, would be reportable either as loans to
depository institutions in Schedule HC-C, item 2, ‘‘Loans
to depository institutions and acceptances of other banks,’’
or as loans to nondepository financial institutions in
Schedule HC-C, item 9(a), ‘‘Loans to nondepository
financial institutions.’’

Line Items 2 and 3 General Instructions for
Standby Letters of Credit.
Originating holding companies (or their subsidiaries)
must report in items 2 and 3 the full amount outstanding
and unused of financial and performance standby letters
of credit, respectively. Include those standby letters of
credit that are collateralized by cash on deposit, that have
been acquired by others, and in which participations have
been conveyed to others where (a) the originating and
issuing holding company is obligated to pay the full
amount of any draft drawn under the terms of the standby
letter of credit and (b) the participating institutions have
an obligation to partially or wholly reimburse the originating holding company, either directly in cash or through
a participation in a loan to the account party.
For syndicated standby letters of credit where each
holding company has a direct obligation to the beneficiary, each institution must report only its share in the
syndication. Similarly, if several organizations participate in the issuance of a standby letter of credit under a
bona fide binding agreement that provides that (a) regardless of any event, each participant shall be liable only up
to a certain percentage or to a certain amount and (b) the
beneficiary is advised and has agreed that each participating organization is only liable for a certain portion of the
entire amount, each holding company shall report only its
proportional share of the total standby letter of credit.

Line Item 1(e)(3) All other unused commitments.
Report the unused portions of commitments not reportable in Schedule HC-L, items 1(a) through 1(e)(2),
above.
Include commitments to extend credit secured by 1–4
family residential properties, except (a) revolving, openend lines of credit secured by 1-4 family residential
properties (e.g., home equity lines), which should be
reported in Schedule HC-L, item 1(a), above, (b) commitments for 1–4 family residential construction and land
development loans (that are secured by such properties),
which should be reported in Schedule HC-L, item 1(c)(1),
above, and (c) commitments that meet the definition of a
derivative and must be accounted for in accordance with
ASC Topic 815, Derivatives and Hedging (formerly
FASB Statement No. 133, Accounting for Derivative
Instruments and Hedging Activities, as amended), which
should be reported in Schedule HC-L, item 11.
HC-L-4

For a financial or performance standby letter of credit
that is in turn backed by a financial standby letter of
credit issued by another institution, each holding company must report the entire amount of the standby letter
of credit it has issued in either item 2 or 3 below, as
appropriate. The amount of the reporting holding company’s financial or performance standby letter of credit
that is backed by the other institution’s financial standby
letter of credit must be included in either item 2(a) or 3(a)
as appropriate, since the backing of standby letters of
credit has substantially the same effect as the conveying
of participations in standby letters of credit.
Also, include all financial and performance guarantees
issued by foreign offices of the reporting holding company pursuant to Section 211.4(a)(1) of Federal Reserve

Schedule HC-L

FR Y-9C
March 2013

Schedule HC-L

Regulation K or Section 347.3(c)(1) of the FDIC Rules
and Regulations.
Line Item 2 Financial standby letters of credit and
foreign office guarantees.
Report the amount outstanding and unused as of the
report date of all financial standby letters of credit (and
all legally binding commitments to issue financial standby
letters of credit) issued by any office of the holding
company or its consolidated subsidiaries. A financial
standby letter of credit irrevocably obligates the holding
company to pay a third-party beneficiary when a customer (account party) fails to repay an outstanding loan
or debt instrument. (See the Glossary entry for ‘‘letter of
credit’’ for further information).
Exclude from financial standby letters of credit the
following:
(1) Financial standby letters of credit where the beneficiary is a consolidated subsidiary of the holding
company.
(2) Performance standby letters of credit.
(3) Signature or endorsement guarantees of the type
associated with the clearing of negotiable instruments or securities in the normal course of business.
Item 2(a) is to be completed by holding companies with
$1 billion or more in total assets. 2
Line Item 2(a) Amount of financial standby letters
of credit conveyed to others.
Report that portion of the consolidated holding company’s total contingent liability for financial standby
letters of credit reported in item 2 that the holding
company has conveyed to others. Also, include that
portion of the reporting holding company’s financial
standby letters of credit that are backed by other organizations’ financial standby letters of credit, as well as the
portion that participating holding companies have reparticipated to others. Participations and backings may be
for any part or all of a given obligation.

2. This asset size test is determined based on the total assets reported in
the previous year’s June 30 FR Y-9C report. Once a holding company
surpasses the $1 billion total asset threshold, it must continue to report this
item regardless of subsequent changes in its total assets.
FR Y-9C
Schedule HC-L

March 2013

Line Item 3 Performance standby letters of credit
and foreign office guarantees.
Report the amount outstanding and unused as of the
report date of all performance standby letters of credit
(and all legally binding commitments to issue performance standby letters of credit) issued by any office of
the holding company or its consolidated subsidiaries. A
performance standby letter of credit irrevocably obligates
the holding company to pay a third-party beneficiary
when a customer (account party) fails to perform some
contractual non-financial obligation. (See the Glossary
entry for ‘‘letter of credit’’ for further information).
Exclude from performance standby letters of credit the
following:
(1) Performance standby letters of credit where the beneficiary is a consolidated subsidiary of the holding
company.
(2) Financial standby letters of credit.
(3) Signature or endorsement guarantees of the type
associated with the clearing of negotiable instruments or securities in the normal course of business.
Item 3(a) is to be completed by holding companies with
$1 billion or more in total assets. 2
Line Item 3(a) Amount of performance standby
letters of credit conveyed to others.
Report that portion of the consolidated holding company’s total contingent liability for performance standby
letters of credit reported in item 3 that the holding
company has conveyed to others. Also, include that
portion of the reporting holding company’s performance
standby letters of credit that are backed by other organizations’ financial standby letters of credit, as well as the
portion that participating holding companies have reparticipated to others. Participations and backings may be
for any part or all of a given obligation.
Line Item 4 Commercial and similar letters of
credit.
Report the amount outstanding and unused as of the
report date of issued or confirmed commercial letters
of credit, travelers’ letters of credit not issued for money
or its equivalent, and all similar letters of credit, but
excluding standby letters of credit (which are to be
reported in item 2 and 3 above). (See the Glossary entry
for ‘‘letter of credit.’’) Legally binding commitments to
HC-L-5

Schedule HC-L

issue commercial letters of credit are to be reported in
this item.
Travelers’ letters of credit or other letters of credit issued
for money or its equivalent by the reporting holding
company or its agents should be reported as demand
deposit liabilities in Schedule HC-E.
Line Item 5 Not applicable.
Line Item 6 Securities.
6(a) Securities lent. Report the appropriate amount of
all securities lent against collateral or on an uncollateralized basis. Report the book value of holding companyowned securities that have been lent. In addition, for
customers who have been indemnified against any losses
by the reporting holding company or its consolidated
subsidiaries, report the market value as of the report date
of such customers’ securities, including customers’ securities held in the reporting holding company’s trust
department, that have been lent. If the reporting holding
company or its consolidated subsidiaries have indemnified their customers against any losses on their securities
that have been lent by the company or its subsidiaries, the
commitment to indemnify-either through a standby letter
of credit or other means-should not be reported in any
other item on Schedule HC-L.
6(b) Securities borrowed. Report the appropriate
amount of all securities borrowed against collateral, or on
an uncollateralized basis. Report borrowed securities that
are fully collateralized by similar securities of equivalent
value at market value at the time they were borrowed. For
other borrowed securities report their market value as of
the report date.
Line Item 7

Credit derivatives.

In general, credit derivatives are arrangements that allow
one party (the ‘‘protection purchaser’’ or ‘‘beneficiary’’)
to transfer the credit risk of a ‘‘reference asset’’ or
‘‘reference entity’’ to another party (the ‘‘protection
seller’’ or ‘‘guarantor’’). Report the notional amounts of
credit derivatives by type of instrument in Schedule
HC-L, items 7(a)(1) through 7(a)(4). Report the gross
positive and negative fair values of all credit derivatives
in Schedule HC-L, items 7(b)(1) and 7(b)(2). For both
the notional amounts and gross fair values, report credit
derivatives for which the holding company is the protection seller in column A, ‘‘Sold Protection,’’ and those on
which the holding company is the protection purchaser in
HC-L-6

column B, ‘‘Purchased Protection.’’ Report the notional
amounts of credit derivatives by regulatory capital treatment in Schedule HC-L, items 7(c)(1)(a) through
7(c)(2)(c). Report the notional amounts of credit derivatives by remaining maturity in Schedule HC-L, items
7(d)(1)(a) through 7(d)(2)(b).
All credit derivative transactions within the consolidated
holding company should be reported on a net basis, i.e.,
intrabank transactions should not be reported in this item.
No other netting of contracts is permitted for purposes of
this item. Therefore, do not net the notional amounts or
fair values of: (1) credit derivatives with third parties on
which the reporting holding company is the protection
purchaser against credit derivatives with third parties on
which the reporting holding company is the protection
seller, or (2) contracts subject to bilateral netting agreements. The notional amounts of credit derivatives should
not be included in Schedule HC-L, items 11 through 13,
and the fair values of credit derivatives should not be
included in Schedule HC-L, item 14.
Line Item 7(a)

Notional amounts.

Report in the appropriate subitem and column the
notional amount (stated in U.S. dollars) of all credit
derivatives. For tranched credit derivative transactions
that relate to an index, e.g., the Dow Jones CDX NA
index, report as the notional amount the dollar amount of
the tranche upon which the reporting holding company’s
credit derivative cash flows are based.
Line Item 7(a)(1)

Credit default swaps.

Report in the appropriate column the notional amount of
all credit default swaps. A credit default swap is a
contract in which a protection seller or guarantor (risk
taker), for a fee, agrees to reimburse a protection purchaser or beneficiary (risk hedger) for any losses that
occur due to a credit event on a particular entity, called
the ‘‘reference entity.’’ If there is no credit default event
(as defined by the derivative contract), then the protection seller makes no payments to the protection purchaser
and receives only the contractually specified fee. Under
standard industry definitions, a credit event is normally
defined to include bankruptcy, failure to pay, and restructuring. Other potential credit events include obligation
acceleration, obligation default, and repudiation/
moratorium.
Schedule HC-L

FR Y-9C
March 2013

Schedule HC-L

Line Item 7(a)(2)

Total return swaps.

Report in the appropriate column the notional amount of
all total return swaps. A total return swap transfers the
total economic performance of a reference asset, which
includes all associated cash flows, as well as capital
appreciation or depreciation. The protection purchaser
(beneficiary) receives a floating rate of interest and any
depreciation on the reference asset from the protection
seller. The protection seller (guarantor) has the opposite
profile. The protection seller receives cash flows on the
reference asset, plus any appreciation, and it pays any
depreciation to the protection purchaser, plus a floating
interest rate. A total return swap may terminate upon a
default of the reference asset.
Line Item 7(a)(3) Credit options.
Report in the appropriate column the notional amount of
all credit options. A credit option is a structure that
allows investors to trade or hedge changes in the credit
quality of the reference asset. For example, in a credit
spread option, the option writer (protection seller or
guarantor) assumes the obligation to purchase or sell the
reference asset at a specified ‘‘strike’’ spread level. The
option purchaser (protection purchaser or beneficiary)
buys the right to sell the reference asset to, or purchase it
from, the option writer at the strike spread level.
Line Item 7(a)(4) Other credit derivatives.
Report in the appropriate column the notional amount of
all other credit derivatives. Other credit derivatives consist of any credit derivatives not reportable as a credit
default swap, a total return swap, or a credit option.
Credit linked notes are cash securities and should not be
reported as other credit derivatives.
Line Item 7(b)

Gross fair values.

Report in the appropriate subitem and column the gross
fair values of all credit derivatives. As defined in ASC
Topic 820, Fair Value Measurements and Disclosures
(formerly FASB Statement No. 157, Fair Value Measurements), fair value for an asset or liability is the price that
would be received to sell the asset or paid to transfer the
liability in an orderly transaction between market participants (not a forced liquidation or distressed sale) in the
asset’s or liability’s principal (or most advantageous)
market at the measurement date. For further information,
see the Glossary entry for ‘‘fair value.’’ For purposes of
this item, the reporting holding company should deterFR Y-9C
Schedule HC-L

March 2015

mine the fair value of its credit derivative contracts in the
same manner that it determines the fair value of these
contracts for other financial reporting purposes.
Line Item 7(b)(1) Gross positive fair value.
Report in the appropriate column the total fair value of
those credit derivatives reported in Schedule HC-L, items
7(a)(1) through 7(a)(4), above, with positive fair values.
Line Item 7(b)(2) Gross negative fair value.
Report in the appropriate column the total fair value of
those credit derivatives reported in Schedule HC-L, items
7(a)(1) through 7(a)(4), above, with negative fair values.
Report the total fair value as an absolute value; do not
enclose the total fair value in parentheses or use a minus
(-) sign.
Line Item 7(c) Notional amount of all credit
derivatives by regulatory capital treatment.
Report in the appropriate subitem the notional amount of
all credit derivative contracts according to the reporting
holding company’s treatment of the derivative for regulatory capital purposes. Because each subitem under item
7(c) is mutually exclusive, each credit derivative contract
should be reported in only one subitem.
Savings and loan holding companies that are not subject
to the revised regulatory capital rule should leave this
item blank.
Line Item 7(c)(1) Positions covered under the
Market Risk Rule.
For holding companies subject to the Market Risk Rule,
report in the appropriate subitem the notional amount of
covered positions.
Line Item 7(c)(1)(a)

Sold protection.

For those credit derivatives that are covered positions
under the Market Risk Rule, report the notional amount
of credit derivative contracts where the holding company
is the protection seller (guarantor).
Line Item 7(c)(1)(b)

Purchased protection.

For those credit derivatives that are covered positions
under the Market Risk Rule, report the notional amount
of credit derivative contracts where the holding company
is the protection purchaser (beneficiary).
HC-L-7

Schedule HC-L

Line Item 7(c)(2) All other positions:
Line Item 7(c)(2)(a) Sold protection.
Report the notional amount of credit derivative contracts
that are not covered positions under the Market Risk Rule
where the reporting holding company is the protection
seller (guarantor).
Line Item 7(c)(2)(b) Purchased protection that is
recognized as a guarantee for regulatory capital
purposes.
Report the notional amount of credit derivative contracts
that are not covered positions under the Market Risk Rule
where the holding company is the protection purchaser
(beneficiary) and the protection is recognized as a guarantee for regulatory capital purposes. The credit derivative contracts to be reported in this item are limited to
those providing purchased protection where an underlying position (usually an asset of the holding company)
is being hedged by the protection and credit derivative
contract meets the criteria for recognition as a guarantee
under the Federal Reserve’s regulatory capital standards.
Line Item 7(c)(2)(c) Purchased protection that is
not recognized as a guarantee for regulatory capital
purposes.
Report the notional amount of credit derivative contracts
that are not covered positions under the Market Risk Rule
where the holding company is the protection purchaser
(beneficiary) and the protection is not recognized as a
guarantee for regulatory capital purposes. The credit
derivative contracts to be reported in this item are limited
to those providing purchased protection where the protection is not being used to hedge an underlying position or
where the ‘‘hedging’’ credit derivative contract does not
meet the criteria for recognition as a guarantee under the
Federal Reserve’s regulatory capital standards. These
‘‘naked’’ purchased protection positions sometimes arise
when a holding company has sold the asset that was
being hedged by the credit derivative contract while
retaining the credit derivative contract.
Line Item 7(d) Notional amounts by remaining
maturity.
Report in the appropriate subitem and column the
notional amount of all credit derivative contracts by
remaining maturity. Report notional amounts in the column corresponding to the contract’s remaining term to
HC-L-8

maturity from the report date. Remaining maturities are
to be reported as (1) one year or less in column A, (2)
over one year through five years in column B, or (3) over
five years in column C.
Line Item 7(d)(1) Sold credit protection.
Report the notional amount of all credit derivative contracts where the holding company is the protection seller
(guarantor).
Line Item 7(d)(1)(a)

Investment grade.

Report the remaining maturities of credit derivative
contracts where the underlying reference asset is rated
investment grade or, if not rated, is the equivalent of
investment grade under the holding company’s internal
credit rating system.
Line Item 7(d)(1)(b)

Subinvestment grade.

Report the remaining maturities of credit derivative
contracts where the underlying reference asset is rated
below investment grade, i.e., subinvestment grade, or, if
not rated, is the equivalent of below investment grade
under the holding company’s internal credit rating system.
Line Item 7(d)(2) Purchased credit protection.
Report the notional amount of all credit derivative contracts where the holding company is the protection
purchaser (beneficiary).
Line Item 7(d)(2)(a)

Investment grade.

Report the remaining maturities of credit derivative
contracts where the underlying reference asset is rated
investment grade or, if not rated, is the equivalent of
investment grade under the holding company’s internal
credit rating system
Line Item 7(d)(2)(b)

Subinvestment grade.

Report the remaining maturities of credit derivative
contracts where the underlying reference asset is rated
below investment grade, i.e., subinvestment grade, or, if
not rated, is the equivalent of below investment grade
under the holding company’s internal credit rating system.
Note: Line item 8 is to be reported by all holding
companies with foreign offices and by holding companies
Schedule HC-L

FR Y-9C
June 2018

Schedule HC-L

with domestic offices only and $100 billion or more in
consolidated assets.
Line Item 8 Spot foreign exchange contracts.
Report the gross amount (stated in U.S. dollars) of all
spot contracts committing the reporting holding company
to purchase foreign (non-U.S.) currencies and U.S. dollar
exchange that are outstanding as of the report date. All
transactions within the holding company should be
reported on a consolidated basis.
A spot contract is an agreement for the immediate
delivery, usually within two business days or less (depending on market convention), of a foreign currency at the
prevailing cash market rate. Contracts where market
convention is for delivery of a foreign currency in less
than two days, e.g., T+1 day (for example, Canadian
dollar-U.S. dollar contracts), should be reported as spot
contracts. Any contract exceeding the market convention
should be reported as a foreign exchange forward contract in Schedule HC-L, item 11(b), column B. Spot
contracts are considered outstanding (i.e., open) until
they have been cancelled by acquisition or delivery of the
underlying currencies.
Only one side of a spot foreign exchange contract is to be
reported. In those transactions where foreign (non-U.S.)
currencies are bought or sold against U.S. dollars, report
only that side of the transaction that involves the foreign
(non-U.S.) currency. For example, if the reporting holding company enters into a spot contract which obligates
the holding company to purchase U.S. dollar exchange
against which it sells Japanese yen, then the holding
company would report (in U.S. dollar equivalent values)
the amount of Japanese yen sold in this item. In crosscurrency spot foreign exchange transactions, which
involve the purchase and sale of two non-U.S. currencies,
only the purchase side is to be reported (in U.S. dollar
equivalent values).
Line Item 9 All other off-balance-sheet items
(exclude derivatives).
With the exceptions listed below, report all significant
types of off-balance-sheet items not covered in other
items of this schedule. Exclude off-balance-sheet derivative contracts that are reported elsewhere in Schedule HC-L.
Report only the aggregate amount of those types of
‘‘other off-balance sheet items’’ that individually exceed
FR Y-9C
Schedule HC-L

June 2018

10 percent of the total equity capital reported in Schedule
HC, item 27(a). If the holding company has no types of
‘‘other off-balance sheet items’’ that individually exceed
10 percent of total equity capital, report a zero.
Disclose in items 9(a) through 9(f) each type of ‘‘other
off-balance sheet items’’ reportable in this item, and the
dollar amount of the off-balance sheet item, that individually exceeds 25 percent of the total equity capital reported
in Schedule HC, item 27(a). For each type of off-balance
sheet item that exceeds this disclosure threshold for
which a preprinted caption has not been provided,
describe the item with a clear but concise caption in
items 9(c) through 9(f). These descriptions should not
exceed 50 characters in length (including spacing between
words).
Include the following as other off-balance-sheet items:
(1) Contracts for the purchase and sale of when-issued
securities that are excluded from the requirements of
ASC Topic 815, Derivatives and Hedging (formerly
FASB Statement No. 133, Accounting for Derivative
Instruments and Hedging Activities, as amended)
(and therefore not reported as forward contracts in
Schedule HC-L, item 11(b), below), and accounted
for on a settlement-date basis. (Report the amount of
these commitments in Schedule HC-L, item 9(b) or
item 9(c), if this amount exceeds 25 percent of total
equity capital reported in Schedule HC, item 27(a).
(2) Standby letters of credit issued by another depository
institution (such as a correspondent bank), a Federal
Home Loan Bank, or any other entity on behalf of the
reporting bank holding company which is the account
party on the letters of credit and therefore is obligated
to reimburse the issuing entity for all payments made
under the standby letters of credit. (Report the
amount of these standby letters of credit in Schedule
HC-L, item 9(c), if this amount exceeds 25 percent of
the holding company’s total equity capital reported in
Schedule HC item 27(a).
(3) Financial guarantee insurance that insures the timely
payment of principal and interest on bond issues.
(4) Letters of indemnity other than those issued in
connection with the replacement of lost or stolen
official checks.
HC-L-9

Schedule HC-L

(5) Shipside or dockside guarantees or similar guarantees relating to missing bills of lading or title documents and other document guarantees that facilitate
the replacement of lost or destroyed documents and
negotiable instruments.
(6) For holding companies with domestic offices only
and less than $100 billion in consolidated assets, the
gross amount (stated in U.S. dollars) of all spot
foreign exchange contracts committing the reporting
holding company to purchase foreign (non-U.S.)
currencies and U.S. dollar exchange that are outstanding as of the report date. A spot contract is an
agreement for the immediate delivery, usually within
two business days or less (depending on market
convention), of a foreign currency at the prevailing
cash market rate. For information on the reporting of
spot foreign exchange contracts, refer to the instructions for Schedule HC-L, item 8, above.
Exclude the following from other off-balance-sheet items:
(1) All items that are required to be reported on the
balance sheet of the Consolidated Financial Statements for Holding Companies, such as repurchase
and resale agreements.
(2) Commitments to purchase property being acquired
for lease to others (report in item 1 above).
(3) Contingent liabilities arising in connection with litigation in which the reporting holding company is
involved.
(4) Signature or endorsement guarantees of the type
associated with the regular clearing of negotiable
instruments or securities in the normal course of
business.
Line Item 10 Not applicable.
Line Item 11 Gross amounts (e.g., notional
amounts) of derivatives contracts.
Report in the appropriate column and subitem the gross
par value (stated in U.S. dollars) (e.g., futures, forwards,
and option contracts) or the notional amount (stated in
U.S. dollars) (e.g., forward rate agreements and swaps),
as appropriate, of all contracts that meet the definition of
a derivative and must be accounted for in accordance
with ASC Topic 815, Derivatives and Hedging (formerly
FASB Statement No. 133, Accounting for Derivative
Instruments and Hedging Activities, as amended). Include
HC-L-10

both freestanding derivative contracts and embedded
derivatives that must be accounted for separately from
their host contract under ASC Topic 815. Report each
contract according to its underlying risk exposure: interest rate, foreign exchange, equity, and commodity and
other. Contracts with multiple risk characteristics should
be classified based upon the predominant risk characteristics at the origination of the derivative. However,
exclude from Schedule HC-L, items 11 through 14, all
credit derivatives, which should be reported in Schedule
HC-L, item 7 above.
The notional amount or par value to be reported for a
derivative contract with a multiplier component is the
contract’s effective notional amount or par value. For
example, a swap contract with a stated notional amount
of $1,000,000 whose terms called for quarterly settlement of the difference between 5% and LIBOR multiplied by 10 has an effective notional amount of
$10,000,000.
All transactions within the holding company should be
reported on a consolidated basis (i.e., intercompany
transactions should be eliminated). No other netting of
contracts is permitted for purposes of this item. Therefore, do not net: (1) obligations of the reporting holding
company to purchase from third parties against the
holding company’s obligations to sell to third parties,
(2) written options against purchased options, or (3) contracts subject to bilateral netting agreements.
For each column, the sum of Schedule HC-L, items 11(a)
through 11(e) must equal the sum of Schedule HC-L,
items 12 and 13.

Column Instructions
Column A

Interest Rate Contracts

Interest rate contracts are contracts related to an interestbearing financial instrument or whose cash flows are
determined by referencing interest rates or another interest rate contract (e.g., an option on a futures contract to
purchase a Treasury bill). These contracts are generally
used to adjust the holding company’s interest rate exposure or, if the holding company is an intermediary, the
interest rate exposure of others. Interest rate contracts
include single currency interest rate swaps, basis swaps,
forward rate agreements, and interest rate options, including caps, floors, collars, and corridors.
Schedule HC-L

FR Y-9C
June 2018

Schedule HC-L

Exclude contracts involving the exchange of one or more
foreign currencies (e.g., cross-currency swaps and currency options), which are to be reported in column B as
foreign exchange contracts. In addition, exclude other
contracts not involving the exchange of foreign currency
whose predominant risk characteristic is foreign exchange
risk, which are also to be reported in column B as foreign
exchange contracts.
Unsettled securities transactions that exceed regular way
settlement time limit that is customary in each relevant
market must be reported as forward contracts in Schedule
HC-L, item 11(b).

Column B Foreign Exchange Contracts

particular equity or to an index of equity prices, such as
the Standard and Poor’s 500.
The contract amount to be reported for equity derivative
contracts is the quantity, e.g., number of units, of the
equity instrument or equity index contracted for purchase
or sale multiplied by the contract price of a unit.

Column D Commodity and Other Contracts
Commodity contracts are contracts that have a return, or
a portion of their return, linked to the price of or to an
index of precious metals, petroleum, lumber, agricultural
products, etc. Commodity and other contracts also include
any other contracts that are not reportable as interest rate,
foreign exchange, or equity derivative contracts.

Foreign exchange contracts are contracts to purchase
foreign (non-U.S.) currencies and U.S. dollar exchange in
the forward market, i.e., on an organized exchange or
in an over-the-counter market. A purchase of U.S. dollar
exchange is equivalent to a sale of foreign currency.
Foreign exchange contracts include cross-currency interest rate swaps where there is an exchange of principal,
forward foreign exchange contracts (usually settling three
or more business days from trade date), and currency
futures and currency options. Exclude spot foreign
exchange contracts which are to be reported in Schedule HC-L, item 8.

The contract amount to be reported for commodity and
other contracts is the quantity, e.g., number of units, of
the commodity or product contracted for purchase or sale
multiplied by the contract price of a unit.

Only one side of a foreign currency transaction is to be
reported. In those transactions where foreign (non-U.S.)
currencies are bought or sold against U.S. dollars, report
only that side of the transaction that involves the foreign
(non-U.S.) currency. For example, if the reporting holding company enters into a futures contract which obligates the holding company to purchase U.S. dollar
exchange against which it sells Japanese yen, then the
holding company would report (in U.S. dollar equivalent
values) the amount of Japanese yen sold in Schedule
HC-L, item 11(a). In cross-currency transactions, which involve the purchase and sale of two
non-U.S. currencies, only the purchase side is to be
reported.

Line Item 11(a) Futures contracts.

All amounts in column B are to be reported in U.S. dollar
equivalent values.

Column C Equity Derivative Contracts
Equity derivative contracts are contracts that have a
return, or a portion of their return, linked to the price of a
FR Y-9C
Schedule HC-L

September 2017

The notional amount to be reported for commodity
contracts with multiple exchanges of principal is the
contractual amount multiplied by the number of remaining payments (i.e., exchanges of principal) in the contract.

Line Item Instructions
Futures contracts represent agreements for delayed delivery of financial instruments or commodities in which the
buyer agrees to purchase and the seller agrees to deliver,
at a specified future date, a specified instrument at a
specified price or yield. Futures contracts are standardized and are traded on organized exchanges that act as the
counterparty to each contract.
Report, in the appropriate column, the aggregate par
value of futures contracts that have been entered into by
the reporting holding company and are outstanding (i.e.,
open contracts) as of the report date. Do not report the par
value of financial instruments intended to be delivered
under such contracts if this par value differs from the par
value of the contracts themselves.
Contracts are outstanding (i.e., open) until they have
been cancelled by acquisition or delivery of the underlying financial instruments or by offset. Offset is the
liquidating of a purchase of futures through the sale of an
equal number of contracts of the same delivery month
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Schedule HC-L

on the same underlying instrument, or the covering of a
short sale of futures through the purchase of an equal
number of contracts of the same delivery month on the
same underlying instrument on the same exchange.
Column A, Interest Rate Futures. Report futures
contracts committing the reporting holding company to
purchase or sell financial instruments and whose predominant risk characteristic is interest rate risk. Some of
the more common interest rate futures include futures on
90-day U.S. Treasury bills; 12-year GNMA pass-through
securities; and 2-, 4-, 6-, and 10-year U.S. Treasury notes.
Column B, Foreign Exchange Futures. Report the
gross amount (stated in U.S. dollars) of all futures
contracts committing the reporting holding company to
purchase foreign (non-U.S.) currencies and U.S. dollar
exchange and whose predominant risk characteristic is
foreign exchange risk.
A currency futures contract is a standardized agreement
for delayed delivery of a foreign (non-U.S.) currency or
U.S. dollar exchange in which the buyer agrees to
purchase and the seller agrees to deliver, at a specified
future date, a specified amount at a specified exchange
rate.
Column C, Equity Derivative Futures. Report futures
contracts committing the reporting holding company to
purchase or sell equity securities or instruments based on
equity indexes such as the Standard and Poor’s 500, or
the Nikkei.
Column D, Commodity and Other Futures. Report
the contract amount for all futures contracts committing
the reporting holding company to purchase or sell commodities such as agricultural products (e.g., wheat, coffee), precious metals (e.g., gold, platinum), and nonferrous metals (e.g., copper, zinc). Include any other futures
contract that is not reportable as an interest rate, foreign
exchange, or equity derivative contract in column A, B,
or C.
Line Item 11(b) Forward contracts.
Forward contracts represent agreements for delayed
delivery of financial instruments or commodities in which
the buyer agrees to purchase and the seller agrees to
deliver, at a specified future date, a specified instrument
or commodity at a specified price or yield. Forward
contracts are not traded on organized exchanges and their
contractual terms are not standardized.
HC-L-12

Report the notional value of forward contracts that
have been entered into by the reporting holding company
and are outstanding (i.e., open contracts) as of the report
date. Do not report financial instruments intended to be
delivered under such contracts if this notional value
differs from the notional value of the contracts themselves.
Contracts are outstanding (i.e., open) until they have
been cancelled by acquisition or delivery of the underlying financial instruments or settled in cash. Such contracts can only be terminated, other than by receipt of the
underlying asset, by agreement of both buyer and seller.
Include as forward contracts in this item contracts for the
purchase and sale of when-issued securities that are not
excluded from the requirements of ASC Topic 815,
Derivatives and Hedging (formerly FASB Statement
No. 133, Accounting for Derivative Instruments and
Hedging Activities, as amended). Report contracts for the
purchase and sale of when-issued securities that are
excluded from the requirements of ASC Topic 815, as
amended, and accounted for on a settlement-date basis as
‘‘Other off-balance-sheet items’’ in Schedule HC-L, item
9, subject to the existing reporting threshold for this item.
Column A, Interest Rate Forwards. Report forward
contracts committing the reporting holding company to
purchase or sell financial instruments and whose predominant risk characteristic is interest rate risk. Include
in this item firm commitments (i.e., commitments that
have a specific interest rate, selling date, and dollar
amount) to sell loans secured by 1-to-4 family residential
properties that meet the definition of a derivative contract
under ASC Topic 815.
Column B, Foreign Exchange Forwards. Report the
gross amount (stated in U.S. dollars) of all forward
contracts committing the reporting holding company to
purchase foreign (non-U.S.) currencies and U.S. dollar
exchange and whose predominant risk characteristic is
foreign exchange risk.
A forward foreign exchange contract is an agreement for
delayed delivery of a foreign (non-U.S.) currency or U.S.
dollar exchange in which the buyer agrees to purchase
and the seller agrees to deliver, at a specified future date,
a specified amount at a specified exchange rate.
Column C, Equity Derivative Forwards. Report forward contracts committing the reporting holding company to purchase or sell equity instruments.
Schedule HC-L

FR Y-9C
March 2015

Schedule HC-L

Column D, Commodity and Other Forwards. Report
the contract amount for all forward contracts committing
the reporting holding company to purchase or sell commodities such as agricultural products (e.g., wheat, coffee), precious metals (e.g., gold, platinum), and nonferrous metals (e.g., copper, zinc). Include any other forward
contract that is not reportable as an interest rate, foreign
exchange, or equity derivative contract in column A, B,
or C.
Line Item 11(c) Exchange-traded option contracts.
Option contracts convey either the right or the obligation,
depending upon whether the reporting holding company
is the purchaser or the writer, respectively, to buy or sell a
financial instrument or commodity at a specified price by
a specified future date. Some options are traded on
organized exchanges.
The buyer of an option contract has, for compensation
(such as a fee or premium), acquired the right (or option)
to sell to, or purchase from, another party some financial
instrument or commodity at a stated price on a specified
future date. The seller of the contract has, for such
compensation, become obligated to purchase or sell the
financial instrument or commodity at the option of the
buyer of the contract. A put option contract obligates
the seller of the contract to purchase some financial
instrument or commodity at the option of the buyer of the
contract. A call option contract obligates the seller of the
contract to sell some financial instrument or commodity
at the option of the buyer of the contract.
Line Item 11(c)(1) Written options.
Report in this item the aggregate par value of the
financial instruments or commodities that the reporting
holding company has, for compensation (such as a fee or
premium), obligated itself to either purchase or sell under
exchange-traded option contracts that are outstanding as
of the report date.
Column A, Written Exchange-Traded Interest Rate
Options. For exchange-traded option contracts obligating the reporting holding company to either purchase or
sell an interest rate futures contract and whose predominant risk characteristic is interest rate risk, report the par
value of the financial instrument underlying the futures
contract. An example of such a contract is a Chicago
Board Options Exchange option on the 13-week Treasury
bill rate.
FR Y-9C
Schedule HC-L

March 2015

Column B, Written Exchange-Traded Foreign
Exchange Options. Report in this item the gross
amount (stated in U.S. dollars) of foreign (non-U.S.)
currency and U.S. dollar exchange that the reporting
holding company has, for compensation, obligated itself
to either purchase or sell under exchange-traded option
contracts whose predominant risk characteristic is foreign exchange risk. In the case of option contracts
obligating the reporting holding company to either purchase or sell a foreign exchange futures contract, report
the gross amount (stated in U.S. dollars) of the foreign
(non-U.S.) currency underlying the futures contract.
Exchange-traded options on major currencies such as the
Japanese Yen and British Pound Sterling and options on
futures contracts of major currencies are examples of
such contracts.
Column C, Written Exchange-Traded Equity Derivative Options. Report the contract amount for those
exchange-traded option contracts where the reporting
holding company has obligated itself, for compensation,
to purchase or sell an equity instrument or equity index.
Column D, Written Commodity and Other ExchangeTraded Options. Report the contract amount for those
exchange-traded option contracts where the reporting
holding company has obligated itself, for compensation,
to purchase or sell a commodity or product. Include any
other written, exchange-traded option that is not reportable as an interest rate, foreign exchange, or equity
derivative contract in columns A, B, or C.
Line Item 11(c)(2) Purchased options.
Report in this item the aggregate par value of the
financial instruments or commodities that the reporting
holding company has, for a fee or premium, purchased
the right to either purchase or sell under exchange-traded
option contracts that are outstanding as of the report date.
Column A, Purchased Exchange-Traded Interest Rate
Options. For exchange-traded option contracts giving
the reporting holding company the right to either purchase or sell an interest rate futures contract and whose
predominant risk characteristic is interest rate risk, report
the par value of the financial instrument underlying the
futures contract. An example of such a contract is a
Chicago Board Options Exchange option on the 13-week
Treasury bill rate.
Column B, Purchased Exchange-Traded Foreign
Exchange Options. Report in this item the gross
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Schedule HC-L

amount (stated in U.S. dollars) of foreign (non-U.S.)
currency and U.S. dollar exchange that the reporting
holding company has, for a fee, purchased the right to
either purchase or sell under exchange-traded option
contracts whose predominant risk characteristic is foreign exchange risk. In the case of option contracts giving
the reporting holding company the right to either purchase or sell a currency futures contract, report the gross
amount (stated in U.S. dollars) of the foreign (non-U.S.)
currency underlying the futures contract. Exchangetraded options on major currencies such as the Japanese
Yen and British Pound Sterling and options on futures
contracts of major currencies are examples of such
contracts.
Column C, Purchased Exchange-Traded Equity
Derivative Options. Report the contract amount of
those exchange-traded option contracts where the reporting holding company has, for a fee, purchased the right to
purchase or sell an equity instrument or equity index.
Column D, Purchased Commodity and Other
Exchange-Traded Options. Report the contract amount
for those exchange-traded option contracts where the
reporting holding company has, for a fee, or premium,
purchased the right to purchase or sell a commodity or
product. Include any other purchased, exchange-traded
option that is not reportable as an interest rate, foreign
exchange, or equity derivative contract in column A, B,
or C.
Line Item 11(d) Over-the-counter option contracts.
Option contracts convey either the right or the obligation,
depending upon whether the reporting holding company
is the purchaser or the writer, respectively, to buy or sell a
financial instrument or commodity at a specified price by
a specified future date. Options can be written to meet the
specialized needs of the counterparties to the transaction.
These customized option contracts are known as overthe-counter (OTC) options. Thus, over-the-counter option
contracts include all option contracts not traded on an
organized exchange.
The buyer of an option contract has, for compensation
(such as a fee or premium), acquired the right (or option)
to sell to, or purchase from, another party some financial
instrument or commodity at a stated price on a specified
future date. The seller of the contract has, for such
compensation, become obligated to purchase or sell the
financial instrument or commodity at the option of the
HC-L-14

buyer of the contract. A put option contract obligates the
seller of the contract to purchase some financial instrument or commodity at the option of the buyer of the
contract. A call option contract obligates the seller of the
contract to sell some financial instrument or commodity
at the option of the buyer of the contract.
In addition, swaptions, i.e., options to enter into a swapcontract, and contracts known as caps, floors, collars, and
corridors 3 should be reported as options.
Commitments to lend that meet the definition of a
derivative and must be accounted for in accordance with
ASC Topic 815, Derivatives and Hedging (formerly
FASB Statement No. 133, Accounting for Derivative
Instruments and Hedging Activities, as amended) are
considered options for purposes of Schedule HC-L, item
11. All other commitments to lend should be reported in
Schedule HC-L, item 1.
Line Item 11(d)(1) Written options.
Report in this item the aggregate par value of the
financial instruments or commodities that the reporting
holding company has, for compensation (such as a fee
or premium), obligated itself to either purchase or sell
under OTC option contracts that are outstanding as of the
report date. Also report the aggregate notional amount of
written caps, floors, and swaptions and for the written
portion of collars and corridors.
Column A, Written OTC Interest Rate Options.
Interest rate options include options to purchase and sell
interest-bearing financial instruments and whose predominant risk characteristic is interest rate risk as well as
contracts known as caps, floors, collars, corridors, and
swaptions. Include in this item the notional amount for
interest rate caps and floors that the reporting holding
company sells. For interest rate collars and corridors,
report a notional amount for the written portion of the
contract in Schedule HC-L, item 11(d)(1), column A, and
3. A cap is a contract under which the purchaser has, for compensation
(such as a fee or premium), acquired the right to receive a payment from
the seller if a specified index rate, e.g., LIBOR, rises above a designated
strike rate. Payments are based on the principal amount or notional amount
of the cap, although no exchange of principal takes place. A floor is similar
to a cap except that the purchaser has, for compensation (such as a fee or
premium), acquired the right to receive a payment from the seller if the
specified index rate falls below the strike rate. A collar is the simultaneous
purchase of a cap (with a strike rate at one index rate) and sale of a floor
(with a strike rate at a lower index rate), designed to maintain interest rates.

Schedule HC-L

FR Y-9C
March 2015

Schedule HC-L

for the purchased portion of the contract in Schedule HC-L, item 11(d)(2), column A.
Column B, Written OTC Foreign Exchange Options.
A written currency option contract conveys the obligation to exchange two different currencies at a specified
exchange rate. Report in this item the gross amount
(stated in U.S. dollars) of foreign (non-U.S.) currency and
U.S. dollar exchange that the reporting holding company
has, for compensation, obligated itself to either purchase
or sell under OTC option contracts whose predominant
risk characteristic is foreign exchange risk.
Column C, Written OTC Equity Derivative Options.
Report the contract amount for those OTC option contracts where the reporting holding company has obligated
itself, for compensation, to purchase or sell an equity
instrument or equity index.
Column D, Written Commodity and Other OTC
Options. Report the contract amount for those OTC
option contracts where the reporting holding company
has obligated itself, for compensation, to purchase or sell
a commodity or product. Include any other written, OTC
option that is not reportable as an interest rate, foreign
exchange, or equity derivative contract in column A, B,
or C.
Line Item 11(d)(2)

Purchased options.

Report in this item the aggregate par value of the
financial instruments or commodities that the reporting
holding company has, for a fee or premium, purchased
the right to either purchase or sell under OTC option
contracts that are outstanding as of the report date. Also
report the aggregate notional amount for purchased caps,
floors, and swaptions and for the purchased portion of
collars and corridors.
Column A, Purchased OTC Interest Rate Options.
Interest rate options include options to purchase and sell
interest-bearing financial instruments and whose predominant risk characteristic is interest rate risk as well as
contracts known as caps, floors, collars, corridors, and
swaptions. Include in this item the notional amount for
interest rate caps and floors that the reporting holding
company purchases. For interest rate collars and corridors, report a notional amount for the written portion of
the contract in Schedule HC-L, item 11(d)(1), column A,
and for the purchased portion of the contract in Schedule
HC-L, item 11(d)(2), column A.
FR Y-9C
Schedule HC-L

March 2015

Column B, Purchased OTC Foreign Exchange
Options. Report in this item the gross amount (stated
in U.S. dollars) of foreign (non-U.S.) currency and U.S.
dollar exchange that the reporting holding company has,
for a fee or premium, purchased the right to either
purchase or sell under option contracts whose predominant risk characteristic is foreign exchange risk.
Column C, Purchased OTC Equity Derivative
Options. Report the notional amount of those OTC
option contracts where the reporting holding company
has, for a fee or premium, purchased the right to purchase
or sell an equity instrument or equity index.
Column D, Purchased Commodity and Other OTC
Options. Report the contract amount for those option
contracts where the reporting holding company has, for a
fee or premium, purchased the right to purchase or sell a
commodity or product. Include any other purchased
OTC option that is not reportable as an interest rate,
foreign exchange or equity derivative contract in column A, B, or C.
Line Item 11(e) Swaps.
Swaps are contracts in which two parties agree to
exchange payment streams based on a specified notional
amount for a specified period. Forward starting swap
contracts should be reported as swaps. The notional
amount of a swap is the underlying principal amount
upon which the exchange of interest, foreign exchange or
other income or expense is based. The notional amount
reported for a swap contract with a multiplier component
is the contract’s effective notional amount. In those cases
where the reporting holding company is acting as an
intermediary, both sides of the transaction are to be
reported.
Column A, Interest Rate Swaps. Report the notional
amount of all outstanding interest rate and basis swaps
whose predominant risk characteristic is interest rate risk.
Column B, Foreign Exchange Swaps. Report the
notional principal amount (stated in U.S. dollars) of all
outstanding cross-currency interest rate swaps.
A cross-currency interest rate swap is a contract in which
two parties agree to exchange principal amounts of
different currencies, usually at the prevailing spot rate, at
the inception of an agreement which lasts for a certain
number of years. At defined intervals over the life of the
HC-L-15

Schedule HC-L

swap, the counterparties exchange payments in the different currencies based on specified rates of interest. When
the agreement matures, the principal amounts will be
re-exchanged at the same spot rate. The notional amount
of a cross-currency interest rate swap is generally the
underlying principal amount upon which the exchange is
based.

for purposes other than trading consistent with the contract’s designation for other financial reporting purposes.

Column C, Equity Swaps. Report the notional amount
of all outstanding equity or equity index swaps.

Report in the appropriate column, the total notional
amount or par value of those contracts in Schedule HC-L,
item 11 above that are held for purposes other than
trading.

Column D, Commodity and Other Swaps. Report the
notional principal amount of all other swap contracts that
are not reportable as either interest rate, foreign exchange,
or equity derivative contracts in column A, B, or C. The
notional amount to be reported for commodity contracts
with multiple exchanges of principal is the contractual
amount multiplied by the number of remaining payments
(or exchanges of principal) in the contract.
Line Item 12 Total gross notional amount of
derivative contracts held for trading.
Report in the appropriate column, the total notional
amount or par value of those off-balance- sheet derivative
contracts in Schedule HC-L, item 11 above that are held
for trading purposes. Contracts held for trading purposes
include those used in dealing and other trading activities
accounted for at fair value with gains and losses recognized in earnings. Derivative instruments used to hedge
trading activities should also be reported in this item.
Derivative trading activities include (a) regularly dealing
in interest rate contracts, foreign exchange contracts,
equity derivative contracts, and other off-balance-sheet
commodity contracts, (b) acquiring or taking positions
in such items principally for the purpose of selling in
the near term or otherwise with the intent to resell (or
repurchase) in order to profit from short-term price
movements, or (c) acquiring or taking positions in such
items as an accommodation to customers.
The trading department of a holding company or its
subsidiaries may have entered into a derivative contract
with another department or business unit within the
consolidated holding company (and which has been
reported on a consolidated basis in accordance with the
instructions to Schedule HC-L, item 11 above). If the
trading department has also entered into a matching
contract with a counterparty outside the consolidated
holding company, the contract with the outside counterparty should be designated as held for trading or as held
HC-L-16

Line Item 13 Total gross notional amount of
derivative contracts held for purposes other than
trading.

Line Item 14 Gross fair values of derivative
contracts.
Report in the appropriate column and subitem below the
fair (or market) value of all derivative contracts reported
in Schedule HC-L, items 12 and 13 above. For each of
the four types of underlying risk exposure in columns A
through D, the gross positive and gross negative fair
values will be reported separately below for contracts
held for trading (item 14(a)), and contracts held for
purposes other than trading (item 14(b)). Guidance for
reporting by type of underlying risk exposure is provided
in Schedule HC-L, item 11 above. Guidance for reporting
by purpose and accounting methodology is provided
in the instructions for Schedule HC-L, items 12 and 13
above.
All transactions within the holding company should be
reported on a consolidated basis. For purposes of this
item, do not net (1) obligations of the reporting holding
company to buy against the holding company’s obligations to sell, (2) written options against purchased
options, (3) positive fair values against negative fair
values, or (4) contracts subject to bilateral netting agreements.
According to ASC Topic 820, Fair Value Measurements
and Disclosures (formerly FASB Statement No. 157,
Fair Value Measurements), fair value is defined as the
price that would be received to sell an asset or paid to
transfer a liability in an orderly transaction between
market participants in the asset’s or liability’s principal
(or most advantageous) market at the measurement date.
For purposes of item 14, the reporting holding company
should determine the fair value of its derivative contracts
in the same manner that it determines the fair value of
these contracts for other financial reporting purposes,
consistent with the guidance in ASC Topic 820.
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Schedule HC-L

Line Item 14(a) Contracts held for trading.
Report in the appropriate column and subitem the gross
positive and gross negative fair values of those contracts
held for trading reported in Schedule HC-L, item 12
above.
Line Item 14(a)(1) Gross positive fair value.
Report in the appropriate column the total fair value of
those contracts in Schedule HC-L, item 12 above with
positive fair values.
Line Item 14(a)(2) Gross negative fair value.
Report in the appropriate column the total fair value of
those contracts in Schedule HC-L, item 12 above with
negative fair values. Report the total fair value as an
absolute value, do not enclose the total fair value in
parentheses or use a minus (2) sign.
Line Item 14(b) Contracts held for purposes other
than trading.
Report in the appropriate column and subitem the gross
positive and gross negative fair values of those contractsheld for purposes other than trading that are reported in
Schedule HC-L, item 13 above.
Line Item 14(b)(1) Gross positive fair value.
Report in the appropriate column the total fair value of
those contracts in Schedule HC-L, item 13 above with
positive fair values.
Line Item 14(b)(2) Gross negative fair value.
Report in the appropriate column the total fair value of
those contracts in Schedule HC-L, item 13 above with
negative fair values. Report the total fair value as an
absolute value, do not enclose the total fair value in
parentheses or use a minus (2) sign.
Line Item 15 Over-the-counter derivatives.
Items 15.a and 15.b.(1) through (8) are to be completed
only by holding companies with total assets of $10
billion or more. Include all over-the-counter (OTC) interest rate, foreign exchange, commodity, equity, and credit
derivative contracts that are held for trading and held for
purposes other than trading.
Column Instructions for items 15(a) and 15(b)(1)
through (8):
FR Y-9C
Schedule HC-L

June 2018

Column A, Banks and Securities Firms: Banks include
U.S. banks and foreign banks as defined in the Glossary
entry for ‘‘Banks, U.S. and Foreign.’’ Securities firms
include broker-dealers that are registered with the U.S.
Securities and Exchange Commission (SEC), firms
engaged in securities activities in the European Union
(EU) that are subject to the EU’s Capital Adequacy
Directive, and other firms engaged in securities activities.
Column B, Not applicable.
Column C, Hedge Funds: Hedge funds are generally
privately-owned investment funds with a limited range of
investors. Hedge funds are not required to register with
the SEC, which provides them with an exemption in
many jurisdictions from regulations governing short selling, derivative contracts, leverage, fee structures, and the
liquidity of investments in the fund.
Column D, Sovereign Governments: Sovereign governments are the central governments of foreign countries.
Column E, Corporations and All Other Counterparties:
Corporations and all other counterparties include all
counterparties other than those included in columns A, C
and D above.
Line Item 15(a)

Net current credit exposure.

Report in the appropriate column the sum of the net
current credit exposures on OTC derivative contracts by
type of counterparty. The sum of the net current credit
exposures reported in columns A through E for this item
may not equal the amount reported in Schedule HC-R,
Part II Memorandum item 1, ‘‘Current credit exposure
across all derivative contracts covered by the risk-based
capital standards,’’ because the amount reported in
Schedule HC-R, Memorandum item 1, excludes, for
example, OTC derivatives not covered by the risk-based
capital standards. All transactions within the consolidated holding company should be reported on a net basis.
The current credit exposure (sometimes referred to as the
replacement cost) is the fair value of a derivative contract
when that fair value is positive. The current credit
exposure is zero when the fair value is negative or zero.
For purposes of this item, the net current credit exposure
to an individual counterparty should be derived as follows: Determine whether a legally enforceable bilateral
netting agreement is in place between the reporting
HC-L-17

Schedule HC-L

holding company and the counterparty. If such an agreement is in place, the fair values of all applicable derivative contracts with that counterparty that are included in
the scope of the netting agreement are netted to a single
amount, which may be positive, negative, or zero.
Line Item 15(b)

Fair value of collateral.

Report in the appropriate subitem and column the total
fair value of the collateral pledged by counterparties to
secure OTC derivative transactions by type of counterparty, even if the fair value of the collateral as of the
report date exceeds the net current credit exposure to a
counterparty or the current credit exposure to a counterparty is zero. Include the fair value of collateral in the
reporting holding company’s possession and collateral
held on the holding company’s behalf by third party
custodians.
Line Item 15(b)(1)

Cash – U.S. dollar.

Report in the appropriate counterparty column the total
of all cash denominated in U.S. dollars held on deposit in
the holding company or by third party custodians on
behalf of the holding company that provide protection to
the holding company against counterparty risk on OTC
derivatives.
Line Item 15(b)(2)

Cash – Other currencies.

Report in the appropriate counterparty column in U.S.
dollar equivalents the total of all cash denominated in
non-U.S. currency held on deposit in the holding company or by third party custodians on behalf of the holding
company that provide protection to the holding company
against counterparty risk on OTC derivatives.
Line Item 15(b)(3)

U.S. Treasury securities.

Report in the appropriate counterparty column the fair
value of U.S. Treasury securities held directly by the
holding company or by third-party custodians on behalf
of the holding company that provide protection to the

HC-L-18

holding company against counterparty risk on OTC
derivatives.
Line Item 15(b)(4) U.S. Government agency and
U.S. Government-sponsored agency debt securities.
Report in the appropriate counterparty column the fair
value of U.S. Government agency and U.S. Governmentsponsored agency debt securities held directly by the
holding company or by third party custodians on behalf
of the holding company that provide protection to the
holding company against counterparty risk on OTC
derivatives.
Line Item 15(b)(5)

Corporate bonds.

Report in the appropriate counterparty column the fair
value of corporate bonds held directly by the holding
company or by third party custodians on behalf of the
holding company that provide protection to the holding
company against counterparty risk on OTC derivatives.
Line Item 15(b)(6)

Equity securities.

Report in the appropriate counterparty column the fair
value of equity securities held directly by the holding
company or by third-party custodians on behalf of the
holding company that provide protection to the holding
company against counterparty risk on OTC derivatives.
Line Item 15(b)(7)

All other collateral.

Report in the appropriate counterparty column the fair
value of collateral that cannot properly be reported in
Schedule HC-L, item 15(b)(1) through item 15(b)(7),
held directly by the holding company or by third-party
custodians on behalf of the holding company that provide
protection to the holding company against counterparty
risk on OTC derivatives.
Line Item 15(b)(8)

Total fair value of collateral.

For each column, report the sum of items 15(b)(1)
through 15(b)(7).

Schedule HC-L

FR Y-9C
March 2015

LINE ITEM INSTRUCTIONS FOR

Memoranda
Schedule HC-M

Line Item 1 Total number of holding company
common shares outstanding.
Report in this item the total number of common stock
outstanding by the consolidated holding company as of
the report date. Do not round this number. Total
outstanding shares equals total shares issued less treasury
stock.
Line Item 2 Debt maturing in one year or less that
is issued to unrelated third parties by bank
subsidiaries.
Report in this item all debt maturing in one year or less
included in Schedule HC, items 16 and 19(a) that is
issued to unrelated third parties by any direct or indirect
bank subsidiary of the reporting holding company.
Include in this item the amount of such debt that is
redeemable at the option of the holder within one year,
even when the debt is scheduled to mature in more than
one year.
‘‘Unrelated third parties’’ covers all individuals and those
partnerships and corporations that are not majorityowned or controlled, directly or indirectly, by the respondent holding company or any of its subsidiaries.
Include Federal Home Loan Bank Advances in this line
item.
Line Item 3 Debt maturing in more than one year
that is issued to unrelated third parties by bank
subsidiaries.
Report in this item all debt maturing in more than one
year included in Schedule HC, items 16 and 19(a) that is
issued to unrelated third parties by any direct or indirect
bank subsidiary of the reporting holding company.
Exclude from this item the amount of such debt that is
redeemable at the option of the holder within one year,
even when the debt is scheduled to mature in more than
one year.
FR Y-9C
Schedule HC-M June 2018

‘‘Unrelated third parties’’ covers all individuals and those
partnerships and corporations that are not majorityowned or controlled, directly or indirectly, by the respondent holding company or any of its subsidiaries.
Include Federal Home Loan Bank Advances in this line
item.
Line Item 4 Other assets acquired in satisfaction
of debts previously contracted.
Report in this item all assets (other than other real estate
owned) that have been acquired in satisfaction of debts
previously contracted (DPC). Include assets, such as
securities, loans, and equipment, that have been acquired
in satisfaction of DPC.
Line Item 5 Securities purchased under
agreements to resell offset against securities sold
under agreements to repurchase on Schedule HC.
Report in this item the amount of securities purchased
under agreements to resell that have been offset (where
the ‘‘right of setoff’’ exists) by securities sold under
agreements to repurchase (i.e., assets removed from
Schedule HC). For further information, see the Glossary
entry for ‘‘offsetting’’ and ASC Subtopic 210-20, Balance Sheet – Offsetting (formerly FASB Interpretation
No. 41, Offsetting of Amounts Related to Certain Repurchase and Reverse Repurchase Agreements).
Line Item 6 Assets covered by loss-sharing
agreements with the FDIC.
Under a loss-sharing agreement, the FDIC agrees to
absorb a portion of the losses on a specified pool of a
failed insured depository institution’s assets in order to
maximize asset recoveries and minimize the FDIC’s
losses. In general, for transactions that occurred before
April 2010, the FDIC reimburses 80 percent of losses
incurred by an acquiring institution on covered assets
over a specified period of time up to a stated threshold
HC-M-1

Schedule HC-M

amount, with the acquirer absorbing 20 percent of the
losses on these assets. Any losses above the stated
threshold amount are reimbursed by the FDIC at 95
percent of the losses recognized by the acquirer. For more
recent transactions, the FDIC generally reimburses 80
percent of the losses incurred by the acquirer on covered
assets, with the acquiring institution absorbing 20 percent.
Report in the appropriate subitem the balance sheet
carrying amount as of the report date of all assets
acquired from failed insured depository institutions or
otherwise purchased from the FDIC that are covered by
loss-sharing agreements with the FDIC. These asset
amounts should also be included in the balance sheet
category appropriate to the asset on Schedule HC, Balance Sheet.
Do not report the ‘‘book value’’ of the covered assets on
the failed institution’s books, which is the amount upon
which payments from the FDIC to the reporting holding
company are to be based in accordance with the losssharing agreement.
Line Item 6(a) Loans and leases.
Report in the appropriate subitem the carrying amount of
loans and leases held for sale and the recorded investment in loans held for investment included in Schedule
HC-C, items 1 through 10 acquired from failed insured
depository institutions or otherwise purchased from the
FDIC that are covered by loss-sharing agreements with
the FDIC.
Line Item 6(a)(1) Loans secured by real estate (in
domestic offices):
Line Item 6(a)(1)(a) Construction, land
development, and other land loans:
Line Item 6(a)(1)(a)(1)
construction loans.

1-4 family residential

Schedule HC-C, item 1(a)(2), column B, acquired from
failed insured depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing
agreements with the FDIC.
Line Item 6(a)(1)(b)

Secured by farmland.

Report the amount of loans secured by farmland included
in Schedule HC-C, item 1(b), column B, acquired from
failed insured depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing
agreements with the FDIC.
Line Item 6(a)(1)(c) Secured by 1-4 family
residential properties:
Line Item 6(a)(1)(c)(1) Revolving, open-end loans
secured by 1-4 family residential properties and
extended under lines of credit.
Report the amount of revolving, open-end loans secured
by 1-4 family residential properties and extended under
lines of credit loans included in Schedule HC-C, item
1(c)(1), column B, acquired from failed insured depository institutions or otherwise purchased from the FDIC
that are covered by loss-sharing agreements with the
FDIC.
Line Item 6(a)(1)(c)(2) Closed-end loans secured
by 1-4 family residential properties:
Line Item 6(a)(1)(c)(2)(a)) Secured by first liens.
Report the amount of closed-end loans secured by first
liens on 1-4 family residential properties included in
Schedule HC-C, item 1(c)(2)(a), column B, acquired
from failed insured depository institutions or otherwise
purchased from the FDIC that are covered by losssharing agreements with the FDIC.
Line Item 6(a)(1)(c)(2)(b)

Secured by junior liens.

Report the amount of 1-4 family residential construction
loans included in Schedule HC-C, item 1(a)(1), column
B, acquired from failed insured depository institutions or
otherwise purchased from the FDIC that are covered by
loss-sharing agreements with the FDIC.

Report the amount of closed-end loans secured by junior
liens on 1-4 family residential properties included in
Schedule HC-C, item 1(c)(2)(b), column B, acquired
from failed insured depository institutions or otherwise
purchased from the FDIC that are covered by losssharing agreements with the FDIC.

Line Item 6(a)(1)(a)(2) Other construction loans
and all land development and other land loans.

Line Item 6(a)(1)(d) Secured by multifamily (5 or
more) residential properties.

Report the amount of other construction loans and all
land development and other land loans included in

Report the amount of loans secured by multifamily (5 or
more) residential properties included in Schedule HC-C,

HC-M-2

Schedule HC-M

FR Y-9C
March 2013

Schedule HC-M

item 1(d), column B, acquired from failed insured depository institutions or otherwise purchased from the FDIC
that are covered by loss-sharing agreements with the
FDIC.
Line Item 6(a)(1)(e) Secured by nonfarm
nonresidential properties:
Line Item 6(a)(1)(e)(1) Loans secured by
owner-occupied nonfarm nonresidential properties.
Report the amount of loans secured by owner-occupied
nonfarm nonresidential properties included in Schedule
HC-C, item 1(e)(1), column B, acquired from failed
insured depository institutions or otherwise purchased
from the FDIC that are covered by loss-sharing agreements with the FDIC.
Line Item 6(a)(1)(e)(2) Loans secured by other
nonfarm nonresidential properties.

(5) Loans to foreign governments and official institutions included in Schedule HC-C, item 7, column A;
(6) Obligations (other than securities and leases) of
states and political subdivisions in the U.S. included
in Schedule HC-C, item 8, column A;
(7) Loans to nondepository financial institutions and
other loans included in Schedule HC-C, item 9,
column A; and
(8) Loans secured by real estate in foreign offices
included in Schedule HC-C, item 1, column A.
Also include all lease financing receivables included in
Schedule HC-C, items 10(a) and 10(b), column A,
acquired from failed insured depository institutions or
otherwise purchased from the FDIC that are covered by
loss-sharing agreements with the FDIC.
Line Item 6(b) Other real estate owned.

Report the amount of loans secured by other nonfarm
nonresidential properties included in Schedule HC-C,
item 1(e)(2), column B, acquired from failed insured
depository institutions or otherwise purchased from the
FDIC that are covered by loss-sharing agreements with
the FDIC.

Report in the appropriate subitem the carrying amount of
other real estate owned (included in Schedule HC, item
7) acquired from failed insured depository institutions or
otherwise purchased from the FDIC that are covered by
loss-sharing agreements with the FDIC.

Line Item 6(a)(2) through 6(a)(4) Not applicable.

Line Item 6(b)(1) Construction, land development,
and other land (in domestic offices).

Line Item 6(a)(5) All other loans and all leases.
Report the amount of loans that cannot properly be
reported in Schedule HC-C, Memorandum item 6(a)(1)
through 6(a)(1)(e)(2) above acquired from failed insured
depository institutions or otherwise purchased from the
FDIC that are covered by loss-sharing agreements with
the FDIC. Include in this item covered loans in the
following categories:
(1) Loans to depository institutions and acceptances of
other banks included in Schedule HC-C, items 2(a)(1)
through 2(c)(2), column A;
(2) Loans to finance agricultural production and other
loans to farmers included in Schedule HC-C, item 3
column A;

Report the carrying amount of all other real estate owned
included in Schedule HC, item 7, representing construction, land development, and other land (in domestic
offices), acquired from failed insured depository institutions or otherwise purchased from the FDIC that are
covered by loss-sharing agreements with the FDIC.
Line Item 6(b)(2) Farmland (in domestic offices).
Report the carrying amount of all other real estate owned
included in Schedule HC, item 7, representing farmland
(in domestic offices), acquired from failed insured depository institutions or otherwise purchased from the FDIC
that are covered by loss-sharing agreements with the
FDIC.

(3) Commercial and industrial loans included in HC-C,
items 4(a) and 4(b), column A;

Line Item 6(b)(3) 1-4 family residential properties
(in domestic offices).

(4) Loans to individuals for household, family, and other
personal expenditures included in Schedule HC-C,
item 6(a) through 6(d) column A;

Report the carrying amount of all other real estate owned
included in Schedule HC, item 7, representing 1-4 family
residential properties (in domestic offices), acquired from

FR Y-9C
Schedule HC-M

March 2018

HC-M-3

Schedule HC-M

failed insured depository institutions or otherwise purchased from the FDIC that are covered by loss-sharing
agreements with the FDIC.
Line Item 6(b)(4) Multifamily (5 or more)
residential properties (in domestic offices).
Report the carrying amount of all other real estate owned
included in Schedule HC, item 7, representing multifamily (5 or more) residential properties (in domestic offices),
acquired from failed insured depository institutions or
otherwise purchased from the FDIC that are covered by
loss-sharing agreements with the FDIC.
Line Item 6(b)(5) Nonfarm nonresidential
properties (in domestic offices).
Report the carrying amount of all other real estate owned
included in Schedule HC, item 7, representing nonfarm
nonresidential properties (in domestic offices), acquired
from failed insured depository institutions or otherwise
purchased from the FDIC that are covered by losssharing agreements with the FDIC.
Line Item 6(b)(6)

In foreign offices.

Report the carrying amount of all other real estate owned
included in Schedule HC, item, representing amounts in
foreign offices, acquired from failed insured depository
institutions or otherwise purchased from the FDIC that
are covered by loss-sharing agreements with the FDIC.
Line Item 6(b)(7) Portion of covered other real
estate owned included in items 6(b)(1) through (6)
above that is protected by FDIC loss-sharing
agreements.
Report the maximum amount recoverable from the FDIC
under loss-sharing agreements covering the other real
estate owned reported in Schedule HC-M, items 6(b)(1)
through (6), beyond the amount that has already been
reflected in the measurement of the reporting holding
company’s indemnification asset, which represents the
right to receive payments from the FDIC under the
loss-sharing agreement.
In general, the maximum amount recoverable from the
FDIC on covered other real estate owned is the carrying
amount of the other real estate, as reported in the
preceding Schedule HC-M items, multiplied by the currently applicable loss coverage rate (e.g., 80 percent or 95
percent). This product will normally be the maximum
HC-M-4

amount recoverable because reimbursements from the
FDIC for covered losses related to the amount by which
the ‘‘book value’’ of a covered asset on the failed
institution’s books (which is the amount upon which
payments under an FDIC loss-sharing agreement are
based) exceeds the amount at which the reporting bank
reports the covered asset on Schedule HC, Balance Sheet,
should already have been taken into account in measuring the carrying amount of the reporting bank’s losssharing indemnification asset, which is reported in Schedule HC-F, item 6, ‘‘Other’’ assets.
Line Item 6(c) Debt securities.
Report the amortized cost of held-to-maturity debt securities (included in Schedule HC, items 2(a)) and the fair
value of available-for-sale debt securities (included in
Schedule HC, item 2(b)) acquired from failed insured
depository institutions or otherwise purchased from the
FDIC and covered by loss-sharing agreements with the
FDIC.
Line Item 6(d) Other assets.
Report the balance sheet carrying amount of all assets
that cannot properly be reported in Schedule HC-M,
items 6(a) through 6(c), and have been acquired from
failed insured depository institutions or otherwise purchased from the FDIC and are covered by loss-sharing
agreements with the FDIC.
Exclude FDIC loss-sharing indemnification assets. These
indemnification assets represent the carrying amount of
the right to receive payments from the FDIC for losses
incurred on specified assets acquired from failed insured
depository institutions or otherwise purchased from the
FDIC that are covered by loss-sharing agreements with
the FDIC. Report FDIC loss-sharing indemnification
assets in Schedule HC-F, item 6, ‘‘Other’’ assets.
Schedule HC-M 7(a) and 7(b) are to be completed
annually in the December report only.
Line Item 7) Captive insurance and reinsurance
subsidiaries:
Line Item 7(a) Total assets of captive insurance
subsidiaries.
Report the carrying amount of all assets held by consolidated captive insurance subsidiaries of the reporting
holding company. A captive insurance company is a
limited purpose insurer licensed as a direct writer of
Schedule HC-M

FR Y-9C
June 2018

Schedule HC-M

insurance. Some common lines of business include credit
life, accident, and health insurance; disability insurance;
and employee benefits coverage. Report total assets
before eliminating intercompany transactions between
the consolidated insurance subsidiary and other offices or
subsidiaries of the consolidated bank company.
Line Item 7(b) Total assets of captive reinsurance
subsidiaries.
Report the carrying amount of all assets held by consolidated captive reinsurance subsidiaries of the reporting
holding company. Reinsurance is the transfer, with
indemnification, of all or part of the underwriting risk
from one insurer to another for a portion of the premium
or other consideration. For further information, see the
Glossary entry for ‘‘reinsurance.’’
Some common lines of business include credit life,
accident, and health reinsurance; disability reinsurance;
reinsurance of employee benefits coverage; private mortgage guaranty reinsurance; and terrorism risk reinsurance. Report total assets before eliminating intercompany
transactions between the consolidated reinsurance subsidiary and other offices or subsidiaries of the consolidated
holding company.
Line Item 8 Has the holding company entered into
a business combination during the calendar year
that was accounted for by the purchase method of
accounting?
Enter a ‘‘1’’ for yes if the respondent holding company
consummated the acquisition of another company during
the calendar year that was accounted for by the purchase
method of accounting. Enter ‘‘0’’ for no if the respondent
holding company consummated no business combinations during the calendar year.
Line Item 9 Has the holding company restated its
financial statements during the last quarter as a
result of new or revised Statements of Financial
Accounting Standards?
Enter a ‘‘1’’ for yes if the respondent holding company
has restated its financial statements during the quarter
ending with the report date because a new or revised
Statement of Financial Accounting Standards (SFAS)
was implemented. Enter a ‘‘0’’ if no financial statements
were revised as a result of the implementation of a new or
revised SFAS.
FR Y-9C
Schedule HC-M

June 2018

If the response to this question is ‘‘yes,’’ restated financial
statements that reflect those changes in accounting standards should be submitted to the appropriate Federal
Reserve District Bank as soon as possible.
Line Item 10 Not applicable.
Line Item 11 Have all changes in investments and
activities been reported to the Federal Reserve on
the Report of Changes in Organizational Structure
(FR Y-10).
Enter a ‘‘1’’ for yes if the holding company has submitted
all changes, if any, in its investments and activities on the
FR Y-10. If the holding company had no changes in
investments and activities and therefore was not required
to file a FR Y-10, also enter a ‘‘1’’ in this item. Enter a
‘‘0’’ for no if it has not yet submitted all changes to
investments and activities on the FR Y-10. (If the
answer to this question is no, the holding company
must complete the FR Y-10 report.) The name of the
holding company official responsible for verifying that
the FR Y-10 has been completed should be typed or
printed on the line provided whether the answer is ‘‘yes,’’
or ‘‘no.’’ In addition, enter the area code and phone
number of the official responsible for verifying the
FR Y-10.
Line Item 12 Intangible assets.
Report in the appropriate subitem the carrying amount of
intangible assets. Intangible assets primarily result from
business combinations accounted for under the acquisition method in accordance with ASC Topic 805, Business Combinations (formerly FASB Statement No.
141(R), Business Combinations), from acquisitions of
portions or segments of another institution’s business
such as mortgage servicing portfolios, and credit card
portfolios, and from the sale or securitization of financial
assets with servicing retained.
An identifiable intangible asset with a finite life (other
than a servicing asset) should be amortized over its
estimated useful life and should be reviewed at least
quarterly to determine whether events or changes in
circumstances indicate that its carrying amount may not
be recoverable. If this review indicates that the carrying
amount may not be recoverable, the identifiable intangible asset should be tested for recoverability (impairment) in accordance with ASC Topic 360, Property,
Plant, and Equipment (formerly FASB Statement No. 144,
HC-M-5

Schedule HC-M

Accounting for the Impairment or Disposal of LongLived Assets). An impairment loss shall be recognized if
the carrying amount of the identifiable intangible asset is
not recoverable and this amount exceeds the asset’s fair
value. The carrying amount is not recoverable if it
exceeds the sum of the undiscounted expected future
cash flows from the identifiable intangible asset. An
impairment loss is recognized by writing the identifiable
intangible asset down to its fair value (which becomes
the new accounting basis of the intangible asset), with a
corresponding charge to expense (which should be
reported in Schedule HI, item 7(c)(2)). Subsequent
reversal of a previously recognized impairment loss is
prohibited.
An identifiable intangible asset with an indefinite useful
life should not be amortized, but should be tested for
impairment at least annually in accordance with ASC
Topic 360, Property, Plant, and Equipment (formerly
FASB Statement No. 142, Goodwill and Other Intangible
Assets).
Line Item 12(a) Mortgage servicing assets.
Report the carrying amount of mortgage servicing assets,
i.e., the cost of acquiring contracts to service loans
secured by real estate (as defined for Schedule HC-C,
item 1, and in the Glossary entry for ‘‘Loans secured by
real estate’’) that have been securitized or are owned by
another party, net of any related valuation allowances.
Servicing assets resulting from contracts to service financial assets other than loans secured by real estate should
be reported in line item 12(b). For further information,
see the Glossary entry for ‘‘servicing assets and
liabilities.’’
Line Item 12(a)(1) Estimated fair value of
mortgage servicing assets.
Report the estimated fair value of the capitalized mortgage servicing assets reported in Schedule HC-M,
item 12(a) above.
According to ASC Topic 820, Fair Value Measurements
and Disclosures (formerly FASB Statement No. 157,
Fair Value Measurements), fair value is defined as the
price that would be received to sell an asset in an orderly
transaction between market participants in the asset’s
principal (or most advantageous) market at the measurement date. For purposes of this item, the reporting
holding company should determine the fair value of
HC-M-6

mortgage servicing assets in the same manner that determines the fair value of these assets for other financial
reporting purposes, consistent with the guidance in ASC
Topic 820.
Line Item 12(b) Goodwill.
Report the carrying amount of goodwill as adjusted for
any impairment losses and, if the private company goodwill accounting alternative has been elected, the amortization of goodwill. Except when this accounting alternative has been elected, goodwill should not be amortized.
However, regardless of whether goodwill is amortized, it
must be tested for impairment as described in the Glossary entry for “goodwill.” See “acquisition method” in
the Glossary entry for “business combinations” for guidance on the recognition and initial measurement of
goodwill acquired in a business combination.
Line Item 12(c) All identifiable intangible assets.
Report the carrying amount of all other specifically
identifiable intangible assets such as core deposit intangibles, favorable leashold rights, purchased credit card
relationships, and nonmortgage servicing assets.
Purchased credit card relationships represent the right to
conduct ongoing credit card business dealings with the
cardholders. In general, purchased credit card relationships are an amount paid in excess of the value of the
purchased credit card receivables. Such relationships
arise when the reporting bank purchases existing credit
card receivables and also has the right to provide credit
card services to those customers. Purchased credit card
relationships may also be acquired when the reporting
bank purchases an entire depository institution.
Purchased credit card relationships shall be carried at
amortized cost. Management of the institution shall
review the carrying amount at least quarterly, adequately
document this review, and adjust the carrying amount as
necessary. This review should determine whether unanticipated acceleration or deceleration of cardholder payments, account attrition, changes in fees or finance
charges, or other events or changes in circumstances
indicate that the carrying amount of the purchased credit
card relationships may not be recoverable. If this review
indicates that the carrying amount may not be recoverable, the intangible asset should be tested for recoverability, and any impairment loss should be recognized, as
described in the instruction for Schedule HC-M, item 2.
Schedule HC-M

FR Y-9C
June 2018

Schedule HC-M

Nonmortgage servicing assets are contracts to service
financial assets, other than loans secured by real estate (as
defined for Schedule HC-C, item 1) under which the
estimated future revenues from contractually specified
servicing fees, late charges, and other ancillary revenues
are expected to more than adequately compensate the
servicer for performing the servicing. A nonmortgage
servicing contract is either (a) undertaken in conjunction
with selling or securitizing the nonmortgage financial
assets being serviced or (b) purchased or assumed separately. For nonmortgage servicing assets accounted for
under the amortization method, the carrying amount is
the unamortized cost of acquiring the nonmortgage servicing contracts, net of any related valuation allowances.
For nonmortgage servicing assets accounted for under
the fair value method, the carrying amount is the fair
value of the nonmortgage servicing contracts. For further
information, see the Glossary entry for “servicing assets
and liabilities.”

such property (report mortgages or other liens in Schedule HC, item 16, ‘‘Other borrowed money’’). Amounts
should be reported net of any applicable valuation allowances.

Line Item 12(d) Total.

Foreclosed real estate received in full or partial satisfaction of a loan should be recorded at the fair value less
cost to sell of the property at the time of foreclosure. This
amount becomes the ‘‘cost’’ of the foreclosed real estate.
When foreclosed real estate is received in full satisfaction
of a loan, the amount, if any, by which the recorded
amount of the loan exceeds the fair value less cost to sell
of the property is a loss which must be charged to the
allowance for loan and lease losses at the time of
foreclosure. The amount of any senior debt (principal and
accrued interest) to which foreclosed real estate is subject
at the time of foreclosure must be reported as a liability in
Schedule HC, item 16, “Other borrowed money.”

Report the sum of items 12(a), 12(b) and 12(c). This
amount must equal Schedule HC, item 10, “Intangible
assets.”
Line Item 13 Other real estate owned.
Report the net book value of all real estate other than (1)
holding company premises owned or controlled by the
holding company and its consolidated subsidiaries (which
should be reported in Schedule HC, item 6) and (2) direct
and indirect investments in real estate ventures (which
should be reported in Schedule HC, item 9). Also exclude
real estate property collateralizing a fully or partially
government-guaranteed mortgage loan for which the
holding company has received physical possession and
the conditions specified in ASC Subtopic 310-40,
Receivables—Troubled Debt Restructurings by Creditors (formerly FASB Statement No. 15, ″Accounting by
Debtors and Creditors for Troubled Debt Restructurings″), were met upon foreclosure. In such a situation,
rather than recognizing other real estate owned upon
foreclosure, the holding company must recognize a separate “other receivable,” which should be measured based
on the amount of the loan balance (principal and interest)
expected to be recovered from the guarantor. Report such
a receivable in Schedule HC-F, item 6, “All other assets.”
For further information, see the Glossary entry for “Foreclosed assets.” Do not deduct mortgages or other liens on
FR Y-9C
Schedule HC-M

June 2018

Include as all other real estate owned:
(1) Foreclosed real estate, i.e.,
(a) Real estate acquired in any manner for debts previously contracted (including, but not limited to, real estate
acquired through foreclosure and real estate acquired by
deed in lieu of foreclosure), even if the holding company
has not yet received title to the property.
(b) Real estate collateral underlying a loan when the
holding company has obtained physical possession of
the collateral. (For further information see Glossary
entries for ‘‘foreclosed assets’’ and ‘‘troubled debtrestructurings.’’)

After foreclosure, each foreclosed real estate asset must
be carried at the lower of (1) the fair value of the asset
minus the estimated costs to sell the asset or (2) the cost
of the asset (as defined in the preceding paragraph). This
determination must be made on an asset-by-asset basis. If
the fair value of a foreclosed real estate asset minus the
estimated costs to sell the asset is less than the asset’s
cost, the deficiency must be recognized as a valuation
allowance against the asset which is created through a
charge to expense. The valuation allowance should thereafter be increased or decreased (but not below zero)
through charges or credits to expense for changes in the
asset’s fair value or estimated selling costs. (For further
information, see the Glossary entries for ‘‘foreclosed
assets’’ and ‘‘troubled debt restructurings.’’)
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Schedule HC-M

(2) Foreclosed real estate collateralizing mortgage loans
insured or guaranteed by the Federal Housing Administration (FHA), the Department of Agriculture under
the Rural Development (RD) program (formerly the
Farmers Home Administration (FmHA)), or the
Department of Veterans Affairs (VA) or guaranteed
by the Secretary of Housing and Urban Development
and administered by the Office of Public and Indian
Housing (PIH) that back Government National Mortgage Association (GNMA) securities, i.e., ″GNMA
loans,″ if the mortgage loans did not meet the
conditions specified in ASC Subtopic 310-40 requiring recognition of a separate “other receivable.”
(3) Property originally acquired for future expansion but
no longer intended to be used for that purpose.
(4) Foreclosed real estate sold under contract and
accounted for under the deposit method of accounting in accordance with ASC Subtopic 360-20, Property, Plant, and Equipment – Real Estate Sales (formerly FASB Statement No. 66, Accounting for Sales
of Real Estate). Under this method, the seller does
not record notes receivable, but continues to report
the real estate and any related existing debt on its
balance sheet. The deposit method is used when a
sale has not been consummated and is commonly
used when recovery of the carrying value of the
property is not reasonably assured. If the full accrual,
installment, cost recovery, reduced profit, or
percentage-of-completion method of accounting
under ASC Subtopic 360-20 is being used to account
for the sale, the receivable resulting from the sale of
the foreclosed real estate should be reported as a loan
in Schedule HC-C and any gain on the sale should
be recognized in accordance with ASC Subtopic
360-20. For further information, see the Glossary
entry for ‘‘foreclosed assets.’’
Property formerly but no longer used for banking may be
reported either in this item as ‘‘All other real estate
owned’’ or in Schedule HC, item 6, as ‘‘Premises and
fixed assets.’’
Line Item 14 Other borrowed money.
Report in the appropriate subitem the amount borrowed
by the consolidated holding company.
Line Item 14(a) Commercial paper.
Report the total amount outstanding of commercial paper
issued by the reporting holding company or its subsidiaries.
HC-M-8

(See the Glossary entry for ‘‘commercial paper’’ for a
description of commercial paper.)
Line Item 14(b) Other borrowed money with a
remaining maturity of one year or less.
Report the total amount of money borrowed by the
consolidated holding company with a remaining maturity
of one year or less. For purposes of this item, remaining
maturity is the amount of time remaining from the report
date until final contractual maturity of a borrowing
without regard to the borrowing’s repayment schedule, if
any.
Report in this item mortgage indebtedness and obligations under capitalized leases with a remaining maturity
of one year or less. Report the amount of mortgages,
liens, or other encumbrances on premises and fixed assets
and on other real estate owned for which the holding
company or its consolidated subsidiaries are liable.
If the holding company is the lessee on capitalized lease
property, include the holding company’s liability for
capitalized lease payments. (See the Glossary entry for
‘‘lease accounting’’ for a discussion of accounting with
holding company as lessee.)
Report the total amount of money borrowed with a
remaining maturity of one year or less:
(1) on its promissory notes;
(2) on notes and bills rediscounted (including commodity drafts rediscounted);
(3) on financial assets (other than securities) sold under
repurchase agreements that have an original maturity of more than one business day and sales of
participations in pools of loans that have an original
maturity of more than one business day;
(4) by transferring financial assets in exchange for cash
or other consideration (other than beneficial interests in the transferred assets) in transactions that do
not satisfy the criteria for sale treatment under
ASC Topic 860, Transfers and Servicing (formerly
FASB Statement No. 140, Accounting for Transfers
and Servicing of Financial Assets and Extinguishments of Liabilities, as amended) (see the Glossary
entry for ‘‘transfers of financial assets’’ for further
information);
Schedule HC-M

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Schedule HC-M

(5) by the creation of due bills representing the holding
company’s receipt of payment and similar instruments, whether collateralized or uncollateralized
(see the Glossary entry for ‘‘due bills’’);
(6) from Federal Reserve Banks;
(7) by overdrawing ‘‘due from’’ balances with depository institutions, except overdrafts arising in connection with checks or drafts drawn by subsidiary
depository institutions of the reporting holding
company and drawn on, or payable at or through,
another depository institution either on a zerobalance account or on an account that is not routinely maintained with sufficient balances to cover
checks or drafts drawn in the normal course of
business during the period until the amount of the
checks or drafts is remitted to the other depository
institution (in which case, report the funds received
or held in connection with such checks or drafts
as deposits in Schedule HC-E until the funds are
remitted;
(8) on purchases of ‘‘term federal funds’’ (as defined in
the Glossary entry for ‘‘federal funds transactions’’);
(9) by borrowing immediately available funds in foreign offices that have an original maturity of one
business day or roll over under a continuing contrast that are not securities repurchase agreements;

(3) Subordinated notes and debentures (report in Schedule HC, item 19(a)).
Line Item 14(c) Other borrowed money with a
remaining maturity of more than one year.
For purposes of this item, remaining maturity is the
amount of time remaining from the report date until final
contractual maturity of a borrowing without regard to the
borrowing’s repayment schedule, if any.
Report in this item mortgage indebtedness and obligations under capitalized leases with a remaining maturity
of more than year. Report the amount of mortgages, liens,
or other encumbrances on premises and fixed assets and
on other real estate owned for which the holding company or its consolidated subsidiaries are liable.
If the holding company is the lessee on capitalized lease
property, include the holding company’s liability for
capitalized lease payments. (See the Glossary entry for
‘‘lease accounting’’ for a discussion of accounting with
holding company as lessee.)
Report the total amount of money borrowed by the
consolidated holding company with a remaining maturity
of more than one year:
(1) on its promissory notes;
(2) in the form of perpetual debt securities that are
unsecured and not subordinated;

(10) on Federal Home Loan Bank advances; and

(3) on notes and bills rediscounted (including commodity drafts rediscounted);

(11) on any other obligation for the purpose of borrowing money that has a remaining maturity of one
year or less and that is not reported elsewhere.

(4) on loans sold under repurchase agreements that
mature in more than one business day;

(For a discussion of borrowings in foreign offices, see the
Glossary entry for ‘‘borrowings and deposits in foreign
offices.’’)
Exclude from this item the following:
(1) Federal funds purchased (in domestic offices) and
securities sold under agreements to repurchase (report
in Schedule HC, items 14(a) and 14(b), respectively);
(2) Liabilities resulting from the sales of assets that the
reporting holding company or its consolidated subsidiaries does not own (see Glossary entry for ‘‘short
position’’) (report in Schedule HC, item 15); and
FR Y-9C
Schedule HC-M

June 2013

(5) on Federal Home Loan Bank advances; and
(6) on any other obligation with a remaining maturity of
more than one year for the purpose of borrowing
money that is not reported elsewhere.
NOTE: When the reporting holding company has explicitly or implicitly guaranteed the long-term debt of its
Employee Stock Ownership Plan (ESOP), report in this
item the dollar amount outstanding of the long-term debt
guaranteed.
For a discussion of borrowings in foreign offices, see the
Glossary entry for ‘‘borrowings and deposits in foreign
offices.’’
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Schedule HC-M

Exclude from this item the following:
(1) federal funds purchased (in domestic offices) and
securities sold under agreements to repurchase (report
in Schedule HC, items 14(a) and 14(b), respectively);
(2) liabilities resulting from the sales of assets that the
reporting holding company or its consolidated subsidiaries do not own (see Glossary entry for ‘‘short
position’’) (report in Schedule HC, item 15); and
(3) subordinated notes and debentures (report in Schedule HC, item 19(a)).
Line Item 14(d) Total.
Report the sum of items 14(a), 14(b) and 14(c). This
amount must equal Schedule HC, item 16, ‘‘Other borrowed money.’’
Line Item 15 Does the holding company sell
private label or third party mutual funds and
annuities?
Indicate whether the reporting holding company currently sells private label or third party mutual funds and
annuities.
Place ‘‘1’’ for yes if the holding company, a holding
company subsidiary or other affiliate, or an unaffiliated
entity sells private label or third party mutual funds and
annuities:
(1) on premises of the holding company;
(2) from which the holding company receives income at
the time of the sale or over the duration of the
account (e.g., annual fees, Rule 12b-1 fees or ‘‘trailer
fees,’’ and redemption fees); or
(3) through the reporting holding company’s trust department in transactions that are not executed in a
fiduciary capacity (e.g., trustee, executor, administrator, conservator).
Otherwise, enter ‘‘0’’ for no.
Mutual fund is the common name for an open-end
investment company whose shares are sold to the investing public. An annuity is an investment product, typically
underwritten by an insurance company, that pays either a
fixed or variable payment stream over a specified period
of time. Both proprietary and private label mutual funds
and annuities are established in order to be marketed
primarily to a banking organization’s customers. A proHC-M-10

prietary product is a product for which the reporting
holding company or a subsidiary or other affiliate of the
reporting holding company acts as investment adviser
and may perform additional support services. In a private
label product, an unaffiliated entity acts as the investment
adviser. The identity of the investment adviser is normally disclosed in the prospectus for a mutual fund or
annuity. Mutual funds and annuities that are not proprietary or private label products are considered third party
products. For example, third party mutual funds and
annuities include products that are widely marketed by
numerous parties to the investing public and have investment advisers that are not affiliated with the reporting
holding company.
Line Item 16 Assets under management in
proprietary mutual funds and annuities.
Report the amount of assets (stated in U.S. dollars) held
by mutual funds and annuities as of the report date for
which the reporting holding company or a subsidiary of
the holding company acts as investment adviser.
A general description of a proprietary product is included
in the instruction to Schedule HC-M, item 15, above.
Proprietary mutual funds and annuities are typically
created by large banking organizations and offered to
customers of the banking organization’s subsidiary banks.
Therefore, small, independent banks do not normally act
as investment advisers for mutual funds and annuities.
If neither the holding company nor any subsidiary of the
holding company acts as investment adviser for a mutual
fund or annuity, the holding company should report a
zero in this item.

Information related to the filing of the
FR Y-12 report (Line Items 17, 18, 19(a),
19(b))
Line items 17 and 18 will be used to determine if the
reporting holding company must complete the Consolidated Holding Company Report of Equity Investments in
Nonfinancial Companies (FR Y-12). In a multi-tiered
organization with one or more holding companies, only
the top-tier holding company should complete items 17
and 18 on a consolidated basis. However, if a lower-tier
holding company is functioning as the consolidated
top-tier reporter for other financial reports (for example,
when the top-tier is a non-U.S. holding company, ESOP,
Schedule HC-M

FR Y-9C
June 2013

Schedule HC-M

or limited partnership), this lower-tier holding company
should complete items 17 and 18 on a consolidated basis.
Items 19(a) and 19(b) are to be completed by all
holding companies that are not required to file the FR
Y-12.
Line Item 17 Does the holding company hold,
either directly or indirectly through a subsidiary or
affiliate, any nonfinancial equity investments within
a Small Business Investment Company (SBIC)
structure, or under section 4(c)(6) or 4(c)(7) of the
Bank Holding Company Act, or pursuant to the
merchant banking authority of section 4(k)4(H) of
the Bank Holding Company Act, or pursuant to the
investment authority granted by Regulation K?
Enter a ‘‘1’’ if the answer to this question is yes. Enter a
‘‘0’’ if the response to this question is no. If the answer to
this question is no, your organization does not need to
complete the FR Y-12. Skip items 18 and proceed to items
19(a) and 19(b). If the answer to this question is yes,
proceed to item 18 below.
For purposes of this question, an equity investment refers
to common stock, partnership interests, convertible preferred stock, convertible debt, and warrants, options, and
other rights that give the holder the right to acquire
common stock or instruments convertible into common
stock. An equity investment does not include any position or security held in a trading account in accordance
with applicable accounting principles and as part of an
underwriting, market making or dealing activity.
A nonfinancial equity investment means an equity investment made by the holding company or any of its subsidiaries (including all U.S. offices, International Banking
Facilities, foreign branches, branches in Puerto Rico and
U.S. territories and possessions, and majority-owned
bank and nonbank domestic and foreign subsidiaries,
including Edge and agreement subsidiaries, domestic
nonbanking subsidiaries, and small business investment
companies (SBICs)):
• pursuant to the merchant banking authority of section
4(k)(4)(H) of the BHC Act (12 U.S.C. 1843(k)(4)(H))
and subpart J of the Board’s Regulation Y,
• under section 4(c)(6) or 4(c)(7) of the BHC Act
(12 U.S.C. 1843(c)(6) and (c)(7)) in a nonfinancial
company (as defined below) or in a company that
makes investments in nonfinancial companies,
FR Y-9C
Schedule HC-M

March 2015

• investments made through a SBIC that is consolidated
with the holding company or subsidiary, or in an SBIC
that is not consolidated, under section 302(b) of the
Small Business Investment Act of 1958,
• in a nonfinancial company under the portfolio investment provisions of the Board’s Regulation K (12 CFR
211.8(c)(3), or
• in a nonfinancial company under section 24 of the
Federal Deposit Insurance Act (12 U.S.C. 1831a).
This question does not apply to equity investments that a
holding company or any of its subsidiaries may make
under other legal authorities. For example, this question
does not apply to nonfinancial investments made by an
insurance company subsidiary of a financial holding
company under section 4(k)(4)(I) of the BHC Act
(12 U.S.C. 1843(k)(4)(I)). Also, this question does not
apply to DPC investments.
A nonfinancial company is a company that is engaged in
any activity that has not been determined to be financial
in nature or incidental to a financial activity under
section 4(k) of the BHC Act (12 U.S.C. 1843(k)).

Line Item 18 Do your aggregate nonfinancial
equity investments equal or exceed the lesser of
$100 million (on an acquisition cost basis) or
10 percent of the holding company’s consolidated
Tier 1 capital as of the report date?
Enter a ‘‘1’’ if the answer to this question is yes. Enter a
‘‘0’’ if the response to this question is no. If the answer to
both item 17 and item 18 is yes, your organization must
complete the FR Y-12. Skip items 19.a and 19.b, and
proceed to item 20 below. If the answer to either item 17
or item 18 is no, your organization does not need to
complete the FR Y-12. Proceed to items 19(a) and 19(b)
below.
See the instructions for item 17 above for the definition
of nonfinancial equity investment.
Acquisition cost is the amount paid by the holding
company for the nonfinancial equity investment when it
was acquired.
Tier 1 capital is the amount reported in Schedule HC- R,
Part I Regulatory Capital, item 26.
HC-M-11

Schedule HC-M

Items 19(a) and 19(b) are to be completed by all
holding companies that are not required to file the
FR Y-12.
Line Item 19(a) Has the holding company sold or
otherwise liquidated its holding of any nonfinancial
equity investment since the previous reporting
period?
Enter a ‘‘1’’ if the answer to this question is yes. Enter a
‘‘0’’ if the response to this question is no. See the
instructions for item 17 above for the definition of
nonfinancial equity investment.
Line item 19(b) Does the holding company manage
any nonfinancial equity investments for the benefit
of others?
Enter a ‘‘1’’ if the answer to this question is yes. Enter a
‘‘0’’ if the response to this question is no.
This item applies to all holding companies that do not file
the FR Y-12 report that manage nonfinancial equity
investments for others by serving as a general partner in a
limited partnership or performing a similar function in a
private equity fund. These investments are not owned by
the holding company and are not consolidated in the
holding company’s financial statements. Exclude investments managed through a bank trust department in a
fiduciary capacity. See the instructions for item 17 above
for the definition of nonfinancial equity investment.
Line Item 20 Balances of broker–dealer
subsidiaries engaged in underwriting or dealing
securities pursuant to Section 4(k)(4)(E) of the Bank
Holding Company Act as amended by the
Gramm–Leach–Bliley Act.
These items are to be completed only by top-tier financial holding companies. A financial holding company is
a U.S. holding company whose declaration has been
determined to be effective as of the reporting period (e.g.,
March 31, June 30, September 30, or December 31).
Line Item 20(a) Net Assets.
Report the total net assets of all broker–dealer subsidiaries engaged in underwriting or dealing securities pursuant to Section 4(k)4(E) of the Bank Holding Company
Act as amended by the Gramm–Leach–Bliley Act. The
definition of assets generally corresponds to Schedule
HC, Balance Sheet, line 12. Include both domestic and
foreign subsidiaries that are owned by the financial
HC-M-12

holding company. Exclude from this item intercompany
assets and claims on affiliates that are eliminated when
preparing consolidated financial statements for the financial holding company. Report intercompany assets and
claims in items 20(b) and 20(c), respectively. Also
exclude any subsidiaries that are held through a U.S.
depository institution.
Line Item 20(b) Balances due from related
institutions.
Report intercompany transaction balances due from the
parent company, subsidiary banks and their subsidiaries,
and nonbank subsidiaries of the parent holding company.
This may include cash, receivables and all other amounts
due from operating the underwriting subsidiary. All
amounts are reported gross. For savings and loan holding
companies, the definition of nonbank subsidiary excludes
federal savings associations, federal savings banks and
thrift institutions.
Line Item 20(b)(1) Due from holding company
(parent company only), gross.
Report intercompany transaction balances due from the
reporting parent holding company. This may include
receivables and amounts owed from operating the subsidiary or providing services to the parent company.
Line Item 20(b)(2) Due from subsidiary banks of
the holding company, gross.
Report intercompany transaction balances due from subsidiary banks and their subsidiaries of the holding company. This may include cash due from subsidiary banks
or amounts owed for services provided.
Line Item 20(b)(3) Due from nonbank subsidiaries
of the holding company, gross.
Report intercompany transaction balances due from nonbank subsidiaries of the holding company. For savings
and loan holding companies, the definition of nonbank
subsidiary excludes federal savings associations, federal
savings banks and thrift institutions.
Line Item 20(c) Balances due to related
institutions.
Line items 20(c)(1) through 20(c)(3) include intercompany liabilities that are owed to affiliates or are derived
from subordinated debt agreement(s) with affiliates that
Schedule HC-M

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Schedule HC-M

are considered capital under the SEC’s net capital rule
(Rule 15c3-1). The aggregate amount of that subordinated debt is reported in line 20(d).
Line Item 20(c)(1) Due to holding company
(parent company only), gross.
Report the amount of all intercompany liabilities that are
owed to the reporting parent holding company. Such
liabilities may consist of administrative service agreements, utilized lines of credit, management fees, advances
or any other amounts due to the holding company parent.
Line Item 20(c)(2) Due to subsidiary banks of the
holding company, gross.
Report the amounts of all intercompany liabilities owed
to the subsidiary banks and their subsidiaries of the
holding company. Such liabilities may consist of shortterm loans and transaction processing fees.
Line Item 20(c)(3) Due to the nonbank
subsidiaries of the holding company, gross.
Report the amount of all intercompany liabilities owed to
the nonbank subsidiaries of the holding company. For
savings and loan holding companies, the definition of
nonbank subsidiary excludes federal savings associations, federal savings banks and thrift institutions.
Line Item 20(d) Intercompany liabilities reported
in items 20.c(1), 20.c(2), and 20.c(3) above that
qualify as liabilities subordinated to claims of
general creditors.
Report the amount of intercompany liabilities that are
derived from subordinated debt agreement(s) that are
considered capital under SEC net capital rules (Rule
15c3-1).

(and single-tiered financial holding companies), and
includes only newly authorized insurance underwriting
activities permitted under the Gramm–Leach–Bliley Act
(12 U.S.C. § 1843(k)(4)(B)). A financial holding company whose declaration has been determined to be effective as of the reporting period (e.g., March 31, June 30,
September 30, or December 31) should report the total
net assets for subsidiaries engaged in insurance or reinsurance underwriting pursuant to Section 4(k)(4)(B) of
the Bank Holding Company Act as amended by the
Gramm—Leach—Bliley Act (12 U.S.C. § 1843(k)(4)(B)).
The definition of assets generally corresponds to Schedule HC, Balance Sheet, line 12. Include both domestic
and foreign subsidiaries that are owned by the financial
holding company. Exclude from this item:
(1) intercompany assets and claims on affiliates that are
eliminated when preparing consolidated financial
statements for the financial holding company,
(2) subsidiaries that engage solely in underwriting creditrelated insurance that was permissible for holding
companies to engage in prior to the Gramm–Leach–
Bliley Act under Section 225.28(b)(11)(i) of Regulation Y, and
(3) subsidiaries that are principally engaged in insurance
agency activities.
Line Item 22 Address (URL) for the reporting
holding company’s web page that displays risk
disclosures, including credit and market risks.
(This item is to be reported by holding companies with
total assets of $30 billion or more.)

Line Item 21 Net assets of subsidiaries engaged in
insurance or reinsurance underwriting pursuant to
Section 4(k)(4)(B) of the Bank Holding Company
Act as amended by the Gramm—Leach—Bliley Act
(12 U.S.C. § 1843(k)(4)(B)). A savings and loan
holding company that wishes to engage in financial
holding company activities must have an effective
election to be treated as financial holding company or
conducts activities under section 10(c)(2)(H)(i) of the
HOLA (12 U.S.C. 1467a(c)(2)(H)(i).

Report the holding company’s Internet Web address, also
known as the Uniform Resource Locator (URL), that the
public enters into Internet browser software in order to
access the holding company’s risk disclosure information. Holding companies should provide the URL that
links directly to the risk disclosure information on the
holding company’s web site or to a table that crossreferences to the location of the disclosures on the web
site. The risk disclosure information should include the
information as outlined in SR letter 01-6. This risk
information would typically be found in the management’s discussion and analysis (MD&A) of Form 10-K
and Form 10-Q filed with the SEC.

This item is to be completed only by the top-tier financial holding company in a multi-tiered organization

Each holding company should ensure that it accurately
reports its URL. Do not provide an e-mail address in the

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June 2013

HC-M-13

Schedule HC-M

space for the Web address. The URL reported in this item
will be publicly available. Examples of URLs are
www.bhc.com/riskdisclosure and www.bhc.com/fin/; do
not preface with http:// because this is already included
on the form.
Line Item 23 Secured liabilities.
(This item is to be completed by all holding companies.)
Report in the appropriate subitem the carrying amount of
federal funds purchased (in domestic offices) and ‘‘Other
borrowings’’ that are secured, i.e., the carrying amount of
these types of liabilities for which the holding company
(or a consolidated subsidiary) has pledged securities,
loans, or other assets as collateral.
Line Item 23(a) Amount of ‘‘Federal funds
purchased (in domestic offices)’’ that are secured.
Report the carrying amount of federal funds purchased
(in domestic offices) (as defined for Schedule HC, item
14(a)) that are secured.
Line Item 23(b) Amount of ‘‘Other borrowings’’
that are secured.
Report the carrying amount of ‘‘Other borrowings’’ (as
defined for Schedule HC-M, item 14(d)) that are secured.
Secured ‘‘Other borrowings’’ include, but are not limited
to, transfers of financial assets accounted for as financing
transactions because they do not satisfy the criteria for sale
accounting under ASC Topic 860, Transfers and Servicing
(formerly FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, as amended), mortgages payable on
holding company premises and other real estate owned,
and obligations under capitalized leases.
Line Item 24 Issuances associated with the U.S.
Department of Treasury Capital Purchase Program.
Under the U.S. Department of Treasury Capital Purchase
Program (CPP), the Treasury provides capital to participating holding companies by purchasing newly issued
senior perpetual preferred stock and warrants to purchase
common stock, depending on whether the holding com-

HC-M-14

pany’s common stock is ‘‘publicly traded.’’ For such
holding companies that are not publicly traded, the
Treasury Department immediately exercises the warrants
for senior perpetual preferred stock (‘‘warrant preferred
stock’’). This perpetual preferred stock and warrant preferred stock is senior to the holding company’s common
stock and on par with the issuer’s existing preferred
shares. All senior perpetual preferred stock issued provides for cumulative dividends, but for regulatory capital
purposes is treated the same as noncumulative perpetual
preferred stock as an unrestricted core capital element
included in Tier 1 capital.
Line Item 24(a) Senior perpetual preferred stock
or similar items
Report the carrying amount of all senior perpetual preferred stock and all warrant preferred stock issued to the
U.S. Department of Treasury (included in Schedule HC,
item 23, ‘‘Perpetual preferred stock and related surplus.’’
Line Item 24(b) Warrants to purchase common
stock or similar items
Report the carrying amount of all warrants issued to the
U.S. Department of Treasury to purchase common stock
of the holding company that is included in equity capital
on the balance sheet (included in Schedule HC, item 25,
‘‘Surplus,’’ or Schedule HC, item 20, ‘‘Other liabilities.’’)
Warrants issued by a publicly traded holding company
should be included in equity capital on the balance sheet
provided the holding company has sufficient authorized
but unissued shares of the common stock to allow
exercise of the warrants and any other necessary shareholder approvals have been obtained. If the holding
company does not have required shareholder approval,
including shareholder approval for sufficient authorized
but unissued shares of the common stock subject to the
warrants that may be required for settlement, the warrants may be included in equity capital on the balance
sheet provided that the holding company takes the necessary action to secure sufficient approvals prior to the end
of the fiscal quarter in which the warrants are issued.
Warrants that are not eligible to be classified as equity
capital should be reported as other liabilities on the
balance sheet.

Schedule HC-M

FR Y-9C
June 2013

LINE ITEM INSTRUCTIONS FOR

Past Due and Nonaccrual Loans, Leases,
and Other Assets
Schedule HC-N

General Instructions
Report on a fully consolidated basis all loans, leases, debt
securities, and other assets that are past due or are in
nonaccrual status, regardless of whether such credits are
secured or unsecured and regardless of whether such
credits are guaranteed or insured by the U.S. Government
or by others. For assets that are past due or in nonaccrual
status, report the balance sheet amount of the asset in
Schedule HC-N, i.e., the amount at which the asset is
reported in the applicable asset category on Schedule
HC, Balance Sheet (e.g., in item 4(b), “Loans and leases,
held for investment”), not simply the asset’s delinquent
payments. Loan amounts should be reported net of
unearned income to the extent that they are reported net
of unearned income in Schedule HC-C. All lease, debt
security, and other asset amounts must be reported net of
unearned income.
For purposes of these reports, “GNMA loans” are residential mortgage loans insured or guaranteed by the
Federal Housing Administration (FHA), the Department
of Agriculture Rural Development (RD) program (formerly the Farmers Home Administration (FmHA)), or
the Department of Veterans Affairs (VA) or guaranteed
by the Secretary of Housing and Urban Development and
administered by the Office of Public and Indian Housing
(PIH) that back Government National Mortgage Association (GNMA) securities. When a holding company services GNMA loans after it has securitized the loans in a
transfer accounted for as a sale, ASC Topic 860, Transfers and Servicing (formerly FASB Statement No. 140,
“Accounting for Transfers and Servicing of Financial
Assets and Extinguishments of Liabilities,” as amended)
requires the holding company to bring individual delinquent GNMA loans that it previously accounted for as
sold back onto its books as loan assets when, under the
GNMA Mortgage-Backed Securities Guide, the loan
meets GNMA’s specified delinquency criteria and is
eligible for repurchase. This rebooking of GNMA loans
FR Y-9C
Schedule HC-N

March 2018

is required regardless of whether the holding company, as
seller-servicer, intends to exercise the repurchase (buyback) option. A seller-servicer must report all delinquent
rebooked GNMA loans that have been repurchased or are
eligible for repurchase as past due in Schedule HC-N in
accordance with their contractual repayment terms. In
addition, if a holding company services GNMA loans,
but was not the transferor of the loans that were securitized, and purchases individual delinquent loans out of
the GNMA securitization, the holding company must
report the purchased loans as past due in Schedule HC-N
in accordance with their contractual repayment terms
even though the holding company was not required to
record the delinquent GNMA loans as assets prior to
purchasing the loans. Such delinquent GNMA loans
should be reported in items 1(c), 11, and 11(b) of
Schedule HC-N.

Definitions
Past Due—The past due status of a loan or other asset
should be determined in accordance with its contractual
repayment terms. For purposes of this schedule, grace
periods allowed by the holding company after a loan or
other asset technically has become past due but before
the imposition of late charges are not to be taken into
account in determining past due status. Furthermore,
loans, leases, debt securities, and other assets are to be
reported as past due when either interest or principal is
unpaid in the following circumstances:
(1) Closed-end installment loans, amortizing loans
secured by real estate, and any other loans and lease
financing receivables with payments scheduled
monthly are to be reported as past due when the
borrower is in arrears two or more monthly payments. (At a holding company’s option, loans and
leases with payments scheduled monthly may be
reported as past due when one scheduled payment is
HC-N-1

Schedule HC-N

due and unpaid for 30 days or more.) Other multipayment obligations with payments scheduled other than
monthly are to be reported as past due when one
scheduled payment is due and unpaid for 30 days or
more.
(2) Open-end credit such as charge-card plans, check
credit, and other revolving credit plans are to be
reported as past due when the customer has not made
the minimum payment for two or more billing cycles.
(3) Single payment and demand notes, debt securities,
and other assets providing for the payment of interest
at stated intervals are to be reported as past due after
one interest payment is due and unpaid for 30 days or
more.
(4) Single payment notes, debt securities, and other
assets providing for the payment of interest at maturity are to be reported as past due after maturity if
interest or principal remains unpaid for 30 days or
more.
(5) Unplanned overdrafts are to be reported as past due if
the account remains continuously overdrawn for
30 days or more.
For purposes of this schedule, a full payment in computing past due status for consumer installment loans (both
closed-end and open-end) is defined to include a partial
payment equivalent to 90 percent or more of the contractual payment.
When accrual of income on a purchased credit-impaired
loan accounted for individually or a purchased creditimpaired debt security is appropriate, the delinquency
status of the individual asset should be determined in
accordance with its contractual repayment terms for
purposes of reporting the amount of the loan or debt
security as past due in the appropriate items of Schedule
HC-N, column A or B. When accrual of income on a pool
of purchased credit-impaired loans with common risk
characteristics is appropriate, delinquency status should
be determined individually for each loan in the pool in
accordance with the individual loan’s contractual repayment terms for purposes of reporting the amount (before
any post-acquisition loan loss allowance) of individual
loans within the pool as past due in the appropriate items
of Schedule HC-N, column A or B. For further information, see the Glossary entry for “purchased creditimpaired loans and debt securities.”
HC-N-2

NOTE: The time period used for reporting past due
status as indicated above may not in all instances conform to those utilized by federal bank regulators in bank
examinations.
Nonaccrual—For purposes of this schedule, an asset is
to be reported as being in nonaccrual status if: (1) it is
maintained on a cash basis because of deterioration in the
financial condition of the borrower, (2) payment in full of
principal or interest is not expected, or (3) principal or
interest has been in default for a period of 90 days or
more unless the asset is both well secured and in the
process of collection.
An asset is ‘‘well secured’’ if it is secured (1) by
collateral in the form of liens on or pledges of real or
personal property, including securities, that have a realizable value sufficient to discharge the debt (including
accrued interest) in full, or (2) by the guarantee of a
financially responsible party. An asset is ‘‘in the process
of collection’’ if collection of the asset is proceeding in
due course either (1) through legal action, including
judgment enforcement procedures, or, (2) in appropriate
circumstances, through collection efforts not involving
legal action which are reasonably expected to result in
repayment of the debt or in its restoration to a current
status in the near future.
For purposes of applying the third test for nonaccrual
status listed above, the date on which an asset reaches
nonaccrual status is determined by its contractual terms.
If the principal or interest on an asset becomes due and
unpaid for 90 days or more on a date that falls between
report dates, the asset should be placed in nonaccrual
status as of the date it becomes 90 days past due and it
should remain in nonaccrual status until it meets the
criteria for restoration to accrual status described below.
In the following situations, an asset need not be placed in
nonaccrual status:
(1) The criteria for accrual of income under the interest
method specified in ASC Subtopic 310-30, Receivables – Loans and Debt Securities Acquired with
Deteriorated Credit Quality (formerly AICPA Statement of Position 03-3, Accounting for Certain Loans
or Debt Securities Acquired in a Transfer), are met
for a purchased credit-impaired loan, pool of loans,
or debt security accounted for in accordance with that
Subtopic, regardless of whether the loan, the loans in
the pool, or debt security had been maintained in
Schedule HC-N

FR Y-9C
March 2013

Schedule HC-N

nonaccrual status by its seller. (For purchased creditimpaired loans with common risk characteristics that
are aggregated and accounted for as a pool, the
determination of nonaccrual or accrual status should
be made at the pool level, not at the individual
loan level.) For further information, see the Glossary
entry for “purchased credit-impaired loans and debt
securities.”
(2) The asset upon which principal or interest is due and
unpaid for 90 days or more is a consumer loan (as
defined for Schedule HC-C, item 6, ‘‘Loans to individuals for household, family, and other personal
expenditures’’) or a loan secured by a 1-to-4 family
residential property (as defined for Schedule HC-C,
item 1(c), Loans ‘‘Secured by 1-4 family residential
properties’’). Nevertheless, such loans should be
subject to other alternative methods of evaluation to
assure that the holding company’s net income is not
materially overstated. To the extent that the holding
company has elected to carry such a loan in nonaccrual status on its books, the loan must be reported as
nonaccrual in this schedule.
As a general rule, a nonaccrual asset may be restored to
accrual status when:
(1) None of its principal and interest is due and unpaid,
and the holding company expects repayment of the
remaining contractual principal and interest, or
(2) When it otherwise becomes well secured and in the
process of collection.
For purposes of meeting the first test for restoration to
accrual status, the holding company must have received
repayment of the past due principal and interest unless, as
discussed in the Glossary entry for ‘‘nonaccrual status,’’
(1) The asset has been formally restructured and qualifies for accrual status,
(2) The asset is a purchased credit-impaired loan, pool of
loans, or debt security accounted for in accordance
with ASC Subtopic 310-30 and it meets the criteria
for accrual of income under the interest method
specified in that Subtopic,
(3) The borrower has resumed paying the full amount of
the scheduled contractual interest and principal payments on a loan that is past due and in nonaccrual
status, even though the loan has not been brought
fully current, and certain repayment criteria are met.
FR Y-9C
Schedule HC-N

December 2016

For further information, see the Glossary entry for ‘‘nonaccrual status.’’
Restructured in Troubled Debt Restructurings—A
troubled debt restructuring is a restructuring of a loan in
which a holding company, for economic or legal reasons
related to a borrower’s financial difficulties, grants a
concession to the borrower that it would not otherwise
consider. For purposes of this schedule, the concession
consists of a modification of terms, such as a reduction of
the loan’s stated interest rate, principal, or accrued
interest or an extension of the loan’s maturity date at a
stated interest rate lower than the current market rate for
new debt with similar risk, regardless of whether the loan
is secured or unsecured and regardless of whether the
loan is guaranteed by the government or by others.
Once an obligation has been restructured in a troubled
debt restructuring, it continues to be considered a troubled
debt restructuring until paid in full or otherwise settled,
sold, or charged off. However, if a restructured obligation
is in compliance with its modified terms and the restructuring agreement specifies an interest rate that at the time
of the restructuring is greater than or equal to the rate that
the holding company was willing to accept for a new
extension of credit with comparable risk, the loan need
not continue to be reported as a troubled debt restructuring in calendar years after the year in which the restructuring took place. A loan extended or renewed at a stated
interest rate equal to the current interest rate for new debt
with similar risk is not considered a troubled debt
restructuring. Also, a loan to a third party purchaser of
‘‘other real estate owned’’ by the reporting holding
company for the purpose of facilitating the disposal of
such real estate is not considered a troubled debt restructuring.
For further information, see the Glossary entry for
‘‘troubled debt restructurings.’’

Column Instructions
The columns of Schedule HC-N are mutually exclusive.
Any given loan, lease, debt security, or other asset should
be reported in only one of columns A, B, and C.
Information reported for any given off-balance sheet
contract should be reported in only column A or column B.
Report in columns A and B of Schedule HC-N (except for
Memorandum item 6) the balance sheet amounts (not just
HC-N-3

Schedule HC-N

delinquent payments) of loans, leases, debt securities,
and other assets that are past due and upon which the
bank continues to accrue interest, as follows:

other assets with a zero percent effective interest rate are
not to be reported in this column as nonaccrual assets.

(1) In column A, report closed-end monthly installment
loans, amortizing loans secured by real estate, lease
financing receivables, and open-end credit in arrears
two or three monthly payments; other multipayment
obligations with payments scheduled other than
monthly when one scheduled payment is due and
unpaid for 30 through 89 days; single payment and
demand notes, debt securities, and other assets providing for payment of interest at stated intervals
after one interest payment is due and unpaid for
30 through 89 days; single payment notes, debt
securities, and other assets providing for payment of
interest at maturity, on which interest or principal
remains unpaid for 30 through 89 days after maturity;
unplanned overdrafts, whether or not the bank hold
company is accruing interest on them, if the account
remains continuously overdrawn for 30 through
89 days.

Item Instructions

(2) In column B, report the loans, lease financing receivables, debt securities, and other assets as specified
above on which payment is due and unpaid for
90 days or more.
Include in columns A and B, as appropriate (except for
Memorandum item 6), all loans, leases, debt securities,
and other assets which, subsequent to their restructuring by means of a modification of terms, have become
30 days or more past due and upon which the holding
company continues to accrue interest. Exclude from
columns A and B all loans, leases, debt securities, and
other assets that are in nonaccrual status.
Report in columns A and B of Memorandum item 6 the
fair value, if positive, of all interest rate, foreign exchange
rate, equity and commodity and other derivative contracts on which a required payment by the holding
company’s counterparty is due and unpaid for 30 through
89 days and due and unpaid for 90 days or more,
respectively.
Report in column C the balance sheet amounts of loans,
leases, debt securities, and other assets that are in nonaccrual status. Include all restructured loans, leases, debt
securities, and other assets that are in nonaccrual status.
However, restructured loans, leases, debt securities, and
HC-N-4

The loan category definitions used in Schedule HC-N
correspond with the loan category definitions found in
Schedule HC-C. Consistent with Schedule HC-C, the
category-by-category breakdown of loans and leases in
Schedule HC-N includes (1) loans and leases held for
sale and (2) loans and leases that the reporting holding
company has the intent and ability to hold for the
foreseeable future or until maturity or payoff.
Line Item 1 Loans secured by real estate.
Report in the appropriate subitem and column all past
due and nonaccrual loans secured by real estate included
in Schedule HC-C, item 1. In addition, report in item 1(f),
‘‘In foreign offices’’ past due and nonaccrual loans and
leases secured by real estate in foreign offices.
Line Item 1(a) Construction, land development,
and other land loans (in domestic offices).
Report in the appropriate subitem and column the amount
of all construction, land development, and other land
loans (in domestic offices) included in Schedule HC-C,
item 1(a), column B, that are past due 30 days or more or
are in nonaccrual status as of the report date.
Line Item 1(a)(1) 1-4 family residential
construction loans.
Report in the appropriate column the amount of all 1-4
family residential construction loans (in domestic offices)
included in Schedule HC-C, item 1(a)(1), column B, that
are past due 30 days or more or are in nonaccrual status
as of the report date.
Line Item 1(a)(2) Other construction loans and all
land development and other land loans.
Report in the appropriate column the amount of all other
construction loans and all land development and other
land loans (in domestic offices) included in Schedule
HC-C, item 1(a)(2), column B, that are past due 30 days
or more or are in nonaccrual status as of the report date.
Schedule HC-N

FR Y-9C
December 2016

Schedule HC-N

Line Item 1(b) Secured by farmland in domestic
offices.

secured by a first lien on the same 1–4 family residential
property and there are no intervening junior liens.

Report in the appropriate column all past due and nonaccrual loans in domestic offices secured by farmland and
improvements thereon, included in Schedule HC-C,
item 1(b).

Line Item 1(d) Secured by multifamily (5 or more)
residential properties in domestic offices.

Line Item 1(c) Secured by 1–4 family residential
properties in domestic offices.

Report in the appropriate column all past due and nonaccrual loans secured by (5 or more) residential properties (in domestic offices) included in Schedule HC-C,
item 1(d).

Report in the appropriate column all past due and nonaccrual loans in domestic offices secured by 1–4 family
residential properties included in Schedule HC-C,
item 1(c).

Line Item 1(e) Secured by nonfarm nonresidential
properties (in domestic offices).

Line Item 1(c)(1) Revolving, open-end loans
secured by 1–4 family residential properties and
extended under lines of credit.

Report in the appropriate subitem and column the amount
of all loans secured by nonfarm residential properties (in
domestic offices) included in Schedule HC-C, item 1(e),
column B, that are past due 30 days or more or are in
nonaccrual status as of the report date.

Report in the appropriate column all past due and nonaccrual loans secured by revolving, open-end lines of
credit secured by 1-to-4 family residential properties,
included in Schedule HC-C, item 1(c)(1).
Line Item 1(c)(2) Closed-end loans secured by
1–4 family residential properties.
Report in the appropriate subitem and column the amount
of all closed-end loans secured by 1–4 family residential
properties (in domestic offices), included for Schedule HC-C, item 1(c)(2), column B, that are past due
30 days or more or are in nonaccrual status as of the
report date.
Line Item 1(c)(2)(a) Secured by first liens.
Report in the appropriate column the amount of all
closed-end loans secured by first liens on 1–4 family
residential properties (in domestic offices), included for
Schedule HC-C, item 1(c)(2)(a), column B, that are past
due 30 days or more or are in nonaccrual status as of the
report date.
Line Item 1(c)(2)(b) Secured by junior liens.
Report in the appropriate column the amount of all
closed-end loans secured by junior liens on 1–4 family
residential properties (in domestic offices), included for
Schedule HC-C, item 1(c)(2)(b), column B, that are past
due 30 days or more or are in nonaccrual status as of the
report date. Include loans secured by junior liens in this
item even if the holding company also holds a loan
FR Y-9C
Schedule HC-N

June 2013

Line Item 1(e)(1) Loans secured by
owner-occupied nonfarm nonresidential properties.
Report in the appropriate column the amount of loans
secured by owner-occupied nonfarm nonresidential properties (in domestic offices) included in Schedule HC-C,
item 1(e)(1), column B, that are past due 30 days or more
or are in nonaccrual status as of the report date.
Line Item 1(e)(2) Loans secured by other nonfarm
nonresidential properties.
Report in the appropriate column the amount of loans
secured by other nonfarm nonresidential properties (in
domestic offices) included in Schedule HC-C, item
1(e)(2), column B, that are past due 30 days or more or
are in nonaccrual status as of the report date.
Line Item 1(f) Secured by loans in foreign offices.
Report in the appropriate column all past due and nonaccrual loans secured by real estate in foreign offices
included in Schedule HC-C, item 1, column A.
Line Item 2 Loans to depository institutions and
acceptances of other banks.
Report in the appropriate column all past due and nonaccrual loans to depository institutions and acceptances
of other banks included in Schedule HC-C, item 2.
HC-N-5

Schedule HC-N

Line Item 2(a) U.S. banks and other U.S.
depository institutions.

are past due 30 days or more or are in nonaccrual status
as of the report date.

Report in the appropriate column all past due and nonaccrual loans to and acceptances of U.S. banks and other
depository institutions included on Schedule HC-C,
item 2(a).

Line Item 5(c) Other consumer loans (includes
single payment, installment, all student loans, and
revolving credit plans other than credit cards).

Report in the appropriate column all past due and nonaccrual loans to and acceptances of foreign banks included
in Schedule HC-C, item 2(b).

Report in the appropriate column the amount of all other
loans to individuals for household, family, and other
personal expenditures included in Schedule HC-C, items
6(b) and 6(d), that are past due 30 days or more or are in
nonaccrual status as of the report date.

Line Item 3 Loans to finance agricultural
production and other loans to farmers.

Line Item 6 Loans to foreign governments and
official institutions.

Report in the appropriate column all past due and nonaccrual loans to finance agricultural production and other
loans to farms included in Schedule HC-C, item 3.

Report in the appropriate column all past due and nonaccrual loans to foreign governments and official institutions included in Schedule HC-C, item 7.

Line Item 4 Commercial and industrial loans.

Line Item 7 All other loans.

Report in the appropriate column all past due and nonaccrual commercial and industrial loans included in
Schedule HC-C, item 4.

Report in the appropriate column all other past due and
nonaccrual loans to nondepository financial institutions
and other loans included in Schedule HC-C, item 9.

Line Item 2(b) Foreign banks.

Line Item 5 Loans to individuals for household,
family, and other personal expenditures.

Line Item 8 Lease financing receivables (net of
unearned income).

Report in the appropriate subitem and column the amount
of all loans to individuals for household, family, and
other personal expenditures (i.e., consumer loans)
included in Schedule HC-C, item 6, that are past due 30
days or more or are in nonaccrual status as of the report
date.

Report in the appropriate subitem and column the amount
of all lease financing receivables (net of unearned
income) included in Schedule HC-C, item 10, that are
past due 30 days or more or are in nonaccrual status as of
the report date.

Line Item 5(a) Credit cards.

Line Item 8(a) Leases to individuals for household,
family, and other personal expenditures.

Report in the appropriate column the amount of all
extensions of credit to individuals for household, family,
and other personal expenditures arising from credit cards
included in Schedule HC-C, item 6(a), that are past due
30 days or more or are in nonaccrual status as of the
report date.

Report in the appropriate column the amount of all leases
(net of unearned income) to individuals for household,
family, and other personal expenditures included in
Schedule HC-C, item 10(a), column A, that are past due
30 days or more or are in nonaccrual status as of the
report date.

Line Item 5(b) Automobile loans.
Report in the appropriate column the amount of all
consumer loans arising from retail sales of passenger cars
and other vehicles such as minivans, vans, sport-utility
vehicles, pickup trucks, and similar light trucks for
personal use included in Schedule HC-C, item 6(c), that
HC-N-6

Line Item 8(b) All other leases.
Report in the appropriate column the amount of all other
leases (net of unearned income) included in Schedule
HC-C, item 10(b), column A, that are past due 30 days or
more or are in nonaccrual status as of the report date.
Schedule HC-N

FR Y-9C
June 2013

Schedule HC-N

Line Item 9 Total loans and leases.
For columns A through C, report the sum of items 1
through 8(b).
Line Item 10 Debt securities and other assets
(exclude other real estate owned and other
repossessed assets).
Report in the appropriate column all assets other than
loans and leases reportable in Schedule HC that are past
due 30 days or more or are in nonaccrual status as of
the report date. Include such assets as debt securities
and interest-bearing balances due from depository
institutions. Also include operating lease payments receivable that have been recorded as assets in Schedule HC,
item 11, when the operating lease is past due 30 days or
more or in nonaccrual status. Exclude other real estate
owned reportable in Schedule HC, item 7, and other
repossessed assets reportable in Schedule HC, item 11,
such as automobiles, boats, equipment, appliances, and
similar personal property.
Line Item 11 Loans and leases reported in items 1
through 8 above that are wholly or partially
guaranteed by the U.S. Government, excluding
loans and leases covered by loss-sharing agreements
with the FDIC.
Report in the appropriate column the amount of all loans
and leases reported in Schedule HC-N, items 1 through 8,
above for which repayment of principal is wholly or
partially guaranteed or insured by the U.S. Government,
including its agencies and its government-sponsored
agencies, but excluding loans and leases covered by
loss-sharing agreements with the FDIC, which are
reported in Schedule HC-N, item 12, below. Examples
include loans guaranteed by the Small Business Administration and the Federal Housing Administration.
Amounts need not be reported in this item and in items
11(a) and 11(b) below if they are considered immaterial.
Exclude from this item loans and leases guaranteed or
insured by state or local governments, state or local
government agencies, foreign (non-U.S.) governments,
and private agencies or organizations. Also exclude loans
and leases collateralized by securities issued by the U.S.
Government, including its agencies and its governmentsponsored agencies.
FR Y-9C
Schedule HC-N

March 2018

Line Item 11(a) Guaranteed portion of loans and
leases included in item 11 above, excluding
rebooked ‘‘GNMA loans.’’
Report in the appropriate column the maximum amount
recoverable from the U.S. Government, including its
agencies and its government-sponsored agencies, under
the guarantee or insurance provisions applicable to the
loans and leases included in Schedule HC-N, item 11,
above.
Seller-servicers of GNMA loans should exclude all delinquent rebooked GNMA loans that have been repurchased
or are eligible for repurchase from this item (report such
rebooked GNMA loans in item 11(b) below). Servicers
of GNMA loans should exclude individual delinquent
loans (for which they were not the transferor) that they
have purchased out of GNMA securitizations from this
item (report such purchased GNMA loans in item 11(b)
below).

Line Item 11(b) Rebooked ‘‘GNMA loans’’ that
have been repurchased or are eligible for
repurchase included in item 11 above.
Report in the appropriate column the amount included in
HC-N, item 11, of:
(1) Delinquent rebooked GNMA loans that have been
repurchased or are eligible for repurchase by sellerservicers of GNMA loans; and
(2) Delinquent loans that have been purchased out of
GNMA securitizations by servicers of GNMA loans
that were not the transferors of the loans.

Line Item 12 Loans and leases reported in items 1
through 8 above that are covered by loss-sharing
agreements with the FDIC.
Report in the appropriate subitem and column the aggregate amount of all loans and leases covered by losssharing agreements with the FDIC and reported in Schedule HC-M, items 6(a)(1)(a)(1) through 6(a)(5), that have
been included in Schedule HC-N, items 1 through 8,
because they are past due 30 days or more or are in
nonaccrual status as of the report date. Amounts need not
be reported in Schedule HC-N, items 12(a)(1)(a) through
12(f), below if they are considered immaterial.
HC-N-7

Schedule HC-N

Line Item 12(a) Loans secured by real estate (in
domestic offices):

Line Item 12(a)(3)(b) Closed-end loans secured by
1-4 family residential properties:

Line Item 12(a)(1) Construction, land
development, and other land loans:

Line Item 12(a)(3)(b)(1))

Line Item 12(a)(1)(a) 1-4 family residential
construction loans.
Report in the appropriate column the amount of all
covered 1-4 family residential construction loans reported
in Schedule HC-M, item 6(a)(1)(a)(1), that are included
in Schedule HC-N, item 1(a)(1), above because they are
past due 30 days or more or are in nonaccrual status as of
the report date.
Line Item 12(a)(1)(b) Other construction loans
and all land development and other land loans.
Report in the appropriate column the amount of all other
covered construction loans and all covered land development and other land loans reported in Schedule HC-M,
item 6(a)(1)(a)(2), that are included in Schedule HC-N,
item 1.a.(2), above because they are past due 30 days or
more or are in nonaccrual status as of the report date.
Line Item 12(a)(2) Secured by farmland.
Report in the appropriate column the amount of all
covered loans secured by farmland reported in Schedule
HC-M, item 6(a)(1)(b), that are included in Schedule
HC-N, item 1(b), above because they are past due 30
days or more or are in nonaccrual status as of the report
date.
Line Item 12(a)(3) Secured by 1-4 family
residential properties:
Line Item 12(a)(3)(a) Revolving, open-end loans
secured by 1-4 family residential properties and
extended under lines of credit.
Report in the appropriate column the amount of all
covered revolving, open-end loans secured by 1-4 family
residential properties and extended under lines of credit
loans held for sale and held for investment reported in
Schedule HC-M, item 6(a)(1)(c)(1), that are included in
Schedule HC-N, item 1(c)(1), above because they are
past due 30 days or more or are in nonaccrual status as of
the report date.
HC-N-8

Secured by first liens.

Report in the appropriate column the amount of all
covered closed-end loans secured by first liens on 1-4
family residential properties reported in Schedule HC-M,
item 6(a)(1)(c)(2)(a), that are included in Schedule
HC-N, item 1(c)(2)(a), above because they are past due
30 days or more or are in nonaccrual status as of the
report date.
Line Item 12(a)(3)(b)(2) Secured by junior liens.
Report in the appropriate column the amount of all
covered closed-end loans secured by junior liens on 1-4
family residential properties reported in Schedule HC-M,
item 6(a)(1)(c)(2)(b), that are included in Schedule
HC-N, item 1(c)(2)(b), above because they are past due
30 days or more or are in nonaccrual status as of the
report date.
Line Item 12(a)(4) Secured by multifamily (5 or
more) residential properties.
Report in the appropriate column the amount of all
covered loans secured by multifamily (5 or more) residential properties reported in Schedule HC-M, item
6(a)(1)(d), that are included in Schedule HC-N, item
1(d), above because they are past due 30 days or more or
are in nonaccrual status as of the report date.
Line Item 12(a)(5) Secured by nonfarm
nonresidential properties:
Line Item 12(a)(5)(a) Loans secured by
owner-occupied nonfarm nonresidential properties.
Report in the appropriate column the amount of all
covered loans secured by owner-occupied nonfarm nonresidential properties reported in Schedule HC-M, item
6(a)(1)(e)(1), that are included in Schedule HC-N, item
1(e)(1), above because they are past due 30 days or more
or are in nonaccrual status as of the report date.
Line Item 12(a)(5)(b) Loans secured by other
nonfarm nonresidential properties.
Report in the appropriate column the amount of all
covered loans secured by other nonfarm nonresidential
properties reported in Schedule HC-M, item 6(a)(1)(e)(2),
that are included in Schedule HC-N, item 1(e)(2), above
Schedule HC-N

FR Y-9C
June 2013

Schedule HC-N

because they are past due 30 days or more or are in
nonaccrual status as of the report date.
Line Item 12(b) through 12(d) Not applicable.
Line Item 12(e) All other loans and all leases.
Report in the appropriate column the amount of covered
loans and leases reported in Schedule HC-M, item
6(a)(5), ‘‘All other loans and all leases,’’ that are past due
30 days or more or are in nonaccrual status as of the
report date. Include in the appropriate column of this item
covered loans in the following categories that are past
due 30 days or more or are in nonaccrual status as of the
report date:
(1) Loans to depository institutions and acceptances of
other banks included in Schedule HC-N, item 2;
(2) Loans to finance agricultural production and other
loans to farmers included in Schedule HC-N, item 3;
(3) Commercial and industrial loans included in HC-N,
item 4;

reporting holding company’s indemnification asset, which
represents the right to receive payments from the FDIC
under the loss-sharing agreement.
In general, the maximum amount recoverable from the
FDIC on covered past due and nonaccrual loans and
leases is the recorded amount of these loans and leases, as
reported in Schedule HC-N, items 12(a)(1)(a) through
12(e), multiplied by the currently applicable loss coverage rate (e.g., 80 percent or 95 percent). This product will
normally be the maximum amount recoverable because
reimbursements from the FDIC for covered losses related
to the amount by which the ‘‘book value’’ of a covered
asset on the failed institution’s books (which is the
amount upon which payments under an FDIC losssharing agreement are based) exceeds the amount at
which the reporting holding company reports the covered
asset on Schedule HC, Balance Sheet, should already
have been taken into account in measuring the carrying
amount of the reporting holding company’s loss-sharing
indemnification asset, which is reported in Schedule
HC-F, item 6, ‘‘Other’’ assets.

(4) Loans to individuals for household, family, and other
personal expenditures included in Schedule HC-N
item 5(a), 5(b) and 5(c);

Memoranda

(5) Loans to foreign governments and official institutions included in Schedule HC-N, item 6;

Line Item M1 Loans restructured in troubled debt
restructurings included in Schedule HC-N, items 1
through 7, above.

(6) Obligations (other than securities and leases) of
states and political subdivisions in the U.S. included
in Schedule HC-N, item 7;
(7) Loans to nondepository financial institutions and
other loans included in Schedule HC-N, item 7; and
(8) Loans secured by real estate in foreign offices
included in Schedule HC-N, item 1(f).
Also include in the appropriate column all covered lease
financing receivables included in Schedule HC-N, item 8,
above that are past due 30 days or more or are in
nonaccrual status as of the report date.
Line Item 12(f) Portion of covered loans and
leases included in items 12.a through 12.e above
that is protected by FDIC loss-sharing agreements.
Report the maximum amount recoverable from the FDIC
under loss-sharing agreements covering the past due and
nonaccrual loans and leases reported in Schedule HC-N,
items 12(a)(1)(a) through 12(e), above beyond the amount
that has already been reflected in the measurement of the
FR Y-9C
Schedule HC-N

March 2018

Report in the appropriate subitem and column loans that
have been restructured in troubled debt restructurings (as
described in ‘‘Definitions’’ above) and are past due 30
days or more or are in nonaccrual status as of the report
date. Such loans will have been included in one or more
of the loan categories in items 1 through 7 of this
schedule. Exclude all loans restructured in troubled debt
restructurings that are in compliance with their modified
terms (report in Schedule HC-C, Memorandum item 1).
For further information, see the Glossary entry for
‘‘troubled debt restructurings.’’
Line Item M1(a) Construction, land development,
and other land loans (in domestic offices):
Line Item M1(a)(1)

1-4 family construction loans.

Report in the appropriate column all loans secured by
real estate for the purpose of constructing 1-4 family
residential properties included in item 1(a)(1) of this
schedule that have been restructured in troubled debt
restructurings and, under their modified repayment terms,
HC-N-9

Schedule HC-N

are past due 30 days or more or are in nonaccrual status
as of the report date.
Line Item M1(a)(2) Other construction loans and
all land development and other land loans.
Report in the appropriate column all construction loans
for purposes other than constructing 1-4 family residential properties, all land development loans, and all other
land loans included in item 1(a)(2) of this schedule that
have been restructured in troubled debt restructurings
and, under their modified repayment terms, are past due
30 days or more or are in nonaccrual status as of the
report date.
Line Item M1(b) Loans secured by 1-4 family
residential properties (in domestic offices).
Report in the appropriate column all loans secured by 1-4
family residential properties (in domestic offices) included
in item 1(c) of this schedule that have been restructured
in troubled debt restructurings and, under their modified
repayment terms, are past due 30 days or more or are in
nonaccrual status as of the report date.
Line Item M1(c) Loans secured by multifamily (5
or more) residential properties (in domestic offices).
Report in the appropriate column all loans secured by
multifamily (5 or more) residential properties (in domestic offices) included in item 1(d) of this schedule that
have been restructured in troubled debt restructurings
and, under their modified repayment terms, are past due
30 days or more or are in nonaccrual status as of the
report date.
Line Item M1(d) Secured by nonfarm
nonresidential properties (in domestic offices)
Line Item M1(d)(1)) Loans secured by
owner-occupied nonfarm nonresidential properties.
Report in the appropriate column all loans secured by
owner-occupied nonfarm nonresidential properties
included in item 1(e)(1) of this schedule that have been
restructured in troubled debt restructurings and, under
their modified repayment terms, are past due 30 days or
more or are in nonaccrual status as of the report date.
HC-N-10

Line Item M1(d)(2) Loans secured by other
nonfarm nonresidential properties.
Report in the appropriate column all nonfarm nonresidential real estate loans not secured by owner-occupied
nonfarm nonresidential properties included in item 1(e)(2)
of this schedule that have been restructured in troubled
debt restructurings and, under their modified repayment
terms, are past due 30 days or more or are in nonaccrual
status as of the report date.
Line Item M1(e)

Commercial and industrial loans.

Report all commercial and industrial loans included in
item 4 of this schedule that have been restructured in
troubled debt restructurings and, under their modified
repayment terms, are past due 30 days or more or are in
nonaccrual status as of the report date. Report a breakdown of these restructured loans between those to U.S.
and non-U.S. addressees for the fully consolidated holding company in Memorandum items 1(e)(1) and (2).
Line Item M1(e)(1)

To U.S. addressees (domicile).

Report in the appropriate column all commercial and
industrial loans to U.S. addressees included in item 4 of
this schedule that have been restructured in troubled debt
restructurings and, under their modified repayment terms,
are past due 30 days or more or are in nonaccrual status
as of the report date.
Line Item M1(e)(2)
(domicile).

To non-U.S. addressees

Report in the appropriate column all commercial and
industrial loans to non-U.S. addressees included in item 4
of this schedule that have been restructured in troubled
debt restructurings and, under their modified repayment
terms, are past due 30 days or more or are in nonaccrual
status as of the report date.
Line Item M1(f)

All other loans.

Report in the appropriate column all other loans that
cannot properly be reported in Memorandum items 1(a)
through 1(e) above that have been restructured in troubled
debt restructurings and, under their modified repayment
terms, are past due 30 days or more or are in nonaccrual
status as of the report date. Include in the appropriate
column of this item all loans in the following categories
that have been restructured in troubled debt restructurings and, under their modified repayment terms, are past
Schedule HC-N

FR Y-9C
December 2016

Schedule HC-N

due 30 days or more or are in nonaccrual status as of the
report date:
(1) Loans secured by farmland (in domestic offices)
included in Schedule HC-N, item 1.b;
(2) Loans to depository institutions and acceptances of
other banks included in Schedule HC-N, item 2;
(3) Loans to finance agricultural production and other
loans to farmers included in Schedule HC-N,
item 3;
(4) Consumer credit cards included in Schedule HC-N,
item 5(a);
(5) Consumer automobile loans included in Schedule
HC-N, item 5(b);
(6) Other consumer loans included in Schedule HC-N,
items 5(c);
(7) Loans to foreign governments and official institutions included in Schedule HC-N, item 6;
(8) Obligations (other than securities and leases) of
states and political subdivisions in the U.S. included
in Schedule HC-N, item 7;
(9) Loans to nondepository financial institutions and
other loans included in Schedule HC-N, item 7; and
(10) Loans secured by real estate in foreign offices
included in Schedule HC-N, item 1(f).
Report in Schedule HC-N, Memorandum items 1(f)(1)
through 1(f)(3), each category of loans within ‘‘All other
loans’’ that have been restructured in troubled debt
restructurings and, under their modified repayment terms,
are past due 30 days or more or are in nonaccrual status
as of the report date, and the dollar amount of loans in
such category, that exceeds 10 percent of total loans
restructured in troubled debt restructurings that are past
due 30 days or more or are in nonaccrual status as of the
report date (i.e., 10 percent of the sum of Schedule
HC-N, Memorandum items 1(a) through 1(e) plus Memorandum item 1(f), columns A through C). Preprinted
captions have been provided in Memorandum items
1(f)(1) through 1(f)(3) for reporting the amount of such
restructured loans for the following loan categories if the
amount for a loan category exceeds this 10 percent
reporting threshold: Loans secured by farmland (in
domestic offices); Loans to finance agricultural production and other loans to farmers; (Consumer) credit cards
FR Y-9C
Schedule HC-N

June 2018

and (Consumer) automobile loans; and Other consumer
loans.
Line Item M1(g) Total loans restructured in
troubled debt restructurings inluded in Schedule
HC-N, items 1 through 7 above.
Exclude amounts reported in Memorandum item 1.f(1)
through 1.f(3) when calculating the total in Memorandum item 1.g.
Line Item M2 Loans to finance commercial real
estate, construction, and land development activities
included (not secured by real estate) in
Schedule HC-N, items 4 and 7, above.
Report the amount of loans to finance commercial real
estate, construction, and land development activities not
secured by real estate that are past due 30 days or more
or are in nonaccrual status as of the report date. Such
loans will have been included in items 4 and 7 of
Schedule HC-N above. Exclude from this item all loans
secured by real estate included in item 1 of Schedule HC-N above. This item corresponds with the amounts
reported in memoranda item 2 of Schedule HC-C.
Line Item M3 Loans and leases included in
Schedule HC-N, items 1, 2, 4, 5, 6, 7, and 8
extended to non-U.S. addressees.
Report the total amount of past due and nonaccrual loans
and leases extended to customers domiciled in a foreign
country.
See the Glossary entry for ‘‘domicile’’ for the definition
of non-U.S. addressee.
Line Item M4

Not applicable.

Line Item M5

Loans and leases held for sale.

Report in the appropriate column the carrying amount of
all loans and leases classified as held for sale included in
Schedule HC, item 4(a), which are reported at the lower
of cost or fair value or at fair value under a fair value
option, that are past due 30 days or more or are in
nonaccrual status as of the report date.
Such loans and leases will have been included in one or
more of the loans and lease categories in items 1 through
8 of Schedule HC-N above and would, therefore, exclude
any loans classified as trading assets and included in
Schedule HC, item 5.
HC-N-11

Schedule HC-N

Line Item M6 Derivative contracts: Fair value of
amounts carried as assets.
Report in the appropriate column the fair value of all
credit derivative contracts (as defined for Schedule HC-L,
item 7) and all interest rate, foreign exchange rate, equity,
and commodity and other derivative contracts (as defined
for Schedule HC-L, item 11) on which a required payment by the holding company’s counterparty is past due
30 days or more as of the report date.
Note: Memorandum items 7, 8, 9(a) and 9(b) are to be
completed semiannually in the June and December
reports only.
Line Item M7 Additions to nonaccrual assets
during the previous six months.
Report the aggregate amount of all loans, leases, debt
securities, and other assets (net of unearned income) that
have been placed in nonaccrual status during the six
months ending on the semiannual (i.e., June 30 or
December 31) report date for this item. Include those
assets placed in nonaccrual status during this six month
period that are included as of the current report date in
Schedule HC-N, column C, items 1 through 8 and 10.
Also include those assets placed in nonaccrual status
during this six month period that, before the current
semiannual report date for this item, have been sold, paid
off, charged-off, settled through foreclosure or concession of collateral (or any other disposition of the nonaccrual asset) or have been returned to accrual status. In
other words, the aggregate amount of assets placed in
nonaccrual status since the prior semiannual report date
that should be reported in this item should not be
reduced, for example, by any charge-offs or sales of such
nonaccrual assets. If a given asset is placed in nonaccrual
status more than once during the six month period ending
on the current semiannual report date, report the amount
of the asset only once.
Line Item M8 Nonaccrual assets sold during the
previous six months.
Report the total of the outstanding balances of all loans,
leases, debt securities, and other assets held in nonaccrual
status (i.e., reportable in Schedule HC-N, column C,
items 1 through 9) that were sold during the six months
ending on the semiannual (i.e., June 30 or December 31)
report date for this item. The amount to be included in
this item is the outstanding balance (net of unearned
HC-N-12

income) of each nonaccrual asset at the time of its sale.
Do not report the sales price of the nonaccrual assets and
do not include any gains or losses from the sale. For
purposes of this item, only include those transfers of
nonaccrual assets that meet the criteria for a sale as set
forth in ASC Topic 860, Transfers and Servicing (formerly FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, as amended). For further information,
see the Glossary entry for “Transfers of financial assets.”
Line Item M9 Purchased credit-impaired loans
accounted for in accordance with FASB ASC 310-30
(former AICPA Statement of Position 03-3).
Report in the appropriate subitem and column the outstanding balance and amount of “purchased creditimpaired loans” reported as held for investment in Schedule HC-C, Memorandum items 5(a) and 5(b), respectively,
that are past due 30 days or more or are in nonaccrual
status as of the report date. The amount of such loans will
have been included by loan category in items 1 through 7
of Schedule HC-N, above. Purchased credit-impaired
loans are accounted for in accordance with ASC Subtopic
310-30, Receivables - Loans and Debt Securities Acquired
with Deteriorated Credit Quality (formerly AICPA Statement of Position 03-3, “Accounting for Certain Loans or
Debt Securities Acquired in a Transfer”). Purchased
credit-impaired loans are loans that a holding company
has purchased, including those acquired in a purchase
business combination, where there is evidence of deterioration of credit quality since the origination of the loan
and it is probable, at the purchase date, that the holding
company will be unable to collect all contractually
required payments receivable. Loans held for investment
are those that the institution has the intent and ability to
hold for the foreseeable future or until maturity or payoff.
For guidance on determining the delinquency and nonaccrual status of purchased credit-impaired loans accounted
for individually and purchased credit-impaired loans with
common risk characteristics that are aggregated and
accounted for as a pool, refer to the “Definitions” section
of the Schedule HC-N instructions and the Glossary entry
for “purchased credit-impaired loans and debt securities.”
Line Item M9(a)

Outstanding balance.

Report in the appropriate column the outstanding balance
of all purchased credit-impaired loans reported as held
Schedule HC-N

FR Y-9C
June 2018

Schedule HC-N

for investment in Schedule HC-C, Memorandum item
5(a), that are past due 30 days or more or are in
nonaccrual status as of the report date. The outstanding
balance is the undiscounted sum of all amounts, including amounts deemed principal, interest, fees, penalties,
and other under the loan, owed to the holding company at
the report date, whether or not currently due and whether
or not any such amounts have been charged off by the
holding company. However, the outstanding balance does
not include amounts that would be accrued under the
contract as interest, fees, penalties, and other after the
report date.

FR Y-9C
Schedule HC-N

December 2016

Line Item M9(b) Amount included in Schedule
HC-N, items 1 through 7, above.
Report in the appropriate column the amount of, i.e., the
recorded investment in, all purchased credit-impaired
loans reported as held for investment in Schedule HC-C,
Memorandum item 5(b), that are past due 30 days or
more or are in nonaccrual status as of the report date.

HC-N-13

LINE ITEM INSTRUCTIONS FOR

1–4 Family Residential
Mortgage Banking Activities
Schedule HC-P

General Instructions
Schedule HC-P is to be completed by holding companies
where any of the following residential mortgage banking
activities (in domestic offices) exceeds $10 million for
two consecutive quarters:
(a) Closed-end and open-end first lien and junior lien 1-4
family residential mortgage loan originations and purchases for resale from all sources during a calendar
quarter; or
(b) Closed-end and open-end first lien and junior lien 1-4
family residential mortgage loan sales during a calendar
quarter; or
(c) Closed-end and open-end first lien and junior lien 1-4
family residential mortgage loans held for sale and held
for trading at calendar quarter-end.
For purposes of measuring 1-4 family residential mortgage banking activities and reporting on these activities
in Schedule HC-P, holding companies should include
those 1-4 family residential mortgage loans that would be
reportable as held for sale as well as those that would be
reportable as held for trading.
A holding company must complete Schedule HC-P
beginning the second quarter in which the $10 million
threshold is exceeded and continue to complete the
schedule through the end of the calendar year. Open-end
mortgage banking activities should be measured using
the ’’total commitment under the lines of credit‘‘ as
defined below. For example, if the holding company’s
closed-end and open-end first and junior lien 1-4 family
residential mortgage loan originations and purchases for
resale from all sources exceeded $10 million during the
quarter ended June 30, 2017, and the holding company’s
sales of such loans exceeded $10 million during the
quarter ended September 30, 2017, the holding company
would be required to complete Schedule HC-P in its
September 30 and December 31, 2017, FR Y-9C reports.
FR Y-9C
Schedule HC-P June 2018

The level of the holding companies mortgage banking
activities during the fourth quarter of 2017 and the first
quarter of 2018 would determine whether it would need
to complete Schedule HC-P each quarter during 2018
beginning March 31, 2018.
For purposes of Schedule HC-P, closed-end 1-4 family
residential mortgage loans are defined in Schedule HC-C,
item 1(c)(2), ‘‘Closed-end loans secured by 1-4 family
residential properties.’’ Open-end 1-4 family residential
mortgage loans are defined in Schedule HC-C, item
1(c)(1), ’’Revolving, open-end loans secured by 1-4
family residential properties and extended under lines of
credit.‘‘ These Schedule HC-C definitions also apply to
closed-end and open-end 1-4 family residential mortgage
loans that would be reportable as held for trading in
Schedule HC-D and in Schedule HC, item 5, ‘‘Trading
assets.’’
For purposes of reporting on open-end loans extended
under lines of credit in Schedule HC-P, the ‘‘total commitment under the lines of credit’’ is defined as the total
amount of the lines of credit granted to customers at the
time the open-end credits were originated. For retail and
wholesale originations of such open-end loans, the
’’principal amount funded under the lines of credit‘‘ is
defined as the initial fundings made to customers on
newly established lines of credit. For open-end loans
purchased, sold, held for sale, and repurchased or indemnified, the ‘‘principal amount funded under the lines of
credit’’ is defined as the principal balance outstanding of
loans extended under lines of credit at the transaction
date or at quarter-end, as appropriate.
Line Item 1 Retail originations during the quarter
of 1-4 family residential mortgage loans for sale.
Report the total of:
• The principal amount of retail originations of closedend first lien and junior lien 1-4 family residential
HC-P-1

Schedule HC-P

mortgage loans for resale during the calendar quarter
ending on the report date, and
• The total amount of open-end commitments under
retail originations of revolving, open-end lines of credit
secured by 1-4 family residential properties for resale
during the calendar quarter ending on the report date.
Include as retail originations those closed-end and openend 1-4 family residential mortgage loans for which the
origination and underwriting process was handled exclusively by the holding company or a consolidated subsidiary of the holding company. However, if the reporting
holding company is acting merely as a broker or agent
and forwards loan applications and supporting documentation to another party who closes or funds the loans in its
name (even if the reporting holding company has some
involvement in processing and underwriting the loans),
the reporting holding company should not report these
loans as originations or purchases in this schedule.
Exclude closed-end and open-end 1-4 family residential
mortgage loans originated or purchased for the reporting
holding company’s own loan portfolio.
Line Item 2 Wholesale originations and purchases
during the quarter of 1-4 family residential
mortgage loans for sale.
Report the total of:
• The principal amount of wholesale originations and
purchases of closed-end first lien and junior lien 1-4
family residential mortgage loans for resale during the
calendar quarter ending on the report date, and
• The total amount of open-end commitments under
wholesale originations and purchases of revolving,
open-end lines of credit secured by 1-4 family residential mortgage properties for resale during the calendar
quarter ending on the report date.
Include as wholesale originations and purchases those
closed-end and open-end 1-4 family residential mortgage
loans for resale for which the origination and underwriting process was handled in whole or in part by another
party, such as a correspondent or mortgage broker, even
if the loan was closed in the name of the holding
company or a consolidated subsidiary of the holding
company (often referred to as “table funding arrangements”). Also include acquisitions of closed-end and
open-end 1-4 family residential mortgage loans for resale
that were closed in the name of a party other than the
HC-P-2

holding company or a consolidated subsidiary of the
holding company. However, if the reporting holding
company is acting merely as a broker or agent and
forwards loan applications and supporting documentation
to another party who closes or funds the loans in its name
(even if the reporting holding company has some involvement in processing and underwriting the loans), the
reporting holding company should not report these loans
as originations or purchases in this schedule.
Exclude closed-end and open-end 1-4 family residential
mortgage loans originated or purchased for the reporting
holding company’s own loan portfolio.
Line Item 3 1-4 family residential mortgage loans
sold during the quarter.
Report the total of:
• The principal amount of closed-end first lien and junior
lien 1-4 family residential mortgage loans sold during
the calendar quarter ending on the report date, and
• The total amount of open-end commitments under
revolving, open-end lines of credit secured by 1-4
family residential mortgage properties sold during the
calendar quarter ending on the report date.
Include transfers of closed-end and open-end 1-4 family
residential mortgage loans originated or purchased for
resale from retail or wholesale sources that have been
accounted for as sales in accordance with ASC Topic
860, Transfers and Servicing (formerly FASB Statement
No. 140, Accounting for Transfers and Servicing of
Financial Assets and Extinguishments of Liabilities, as
amended), i.e., those transfers where the loans are no
longer included in the holding company’s consolidated
total assets. Also include all sales during the quarter of
closed-end and open-end 1-4 family residential mortgage
loans directly from the holding company’s loan portfolio.
For further information, see the Glossary entry for “transfers of financial assets.”
Line Item 4 1-4 family residential mortgage loans
held for sale or trading at quarter-end.
Report the total of:
• The carrying amount of closed-end first lien and junior
lien 1-4 family residential mortgage loans held for sale
or trading as of the quarter-end report date, and
• The total amount of open-end commitments under
revolving, open-end lines of credit secured by 1-4
Schedule HC-P

FR Y-9C
June 2018

Schedule HC-P

family residential properties held for sale or trading as
of the quarter-end report date.
These closed-end loans and the funded amounts under
these revolving, open-end lines of credit are included in
Schedule HC, item 4.a, ‘‘Loans and leases held for sale,’’
and in Schedule HC, item 5, ‘‘Trading assets.’’ Closedend loans held for sale should be reported at the lower of
cost or fair value or at fair value consistent with their
presentation in Schedule HC, item 4.a. Closed-end loans
held for trading should be reported at fair value consistent with their presentation in Schedule HC, item 5.
Closed-end and open-end 1-4 family residential mortgage loans held for sale or trading at quarter-end include
any mortgage loans transferred at any time from the
holding company’s loan portfolio to a held-for-sale
account or a trading account that have not been sold by
quarter-end.
Line Item 5 Noninterest income for the quarter
from the sale, securitization, and servicing of 1-4
family residential mortgage loans.
Report the noninterest income earned during the calendar
quarter ending on the report date from the sale, securitization, and servicing of closed-end 1-4 family residential
mortgage loans and revolving, open-end lines of credit
secured by 1-4 residential properties. Include the portion
of the consolidated holding company’s “Trading revenue,” “Net servicing fees,” “Net securitization income,”
and “Net gains (losses) on sales of loans and leases”
(items 5(c), 5(f), 5(g), and 5(i) of Schedule HI) earned
during the quarter that is attributable to closed-end and
open-end 1-4 family residential mortgage loans.
Line Item 6 Repurchases and indemnifications of
1-4 family residential mortgage loans during the
quarter.
As a result of its 1-4 family residential mortgage banking
activities, a holding company may be obligated to repurchase mortgage loans that it has sold or otherwise
indemnify the loan purchaser against loss because of
borrower defaults, loan defects, other breaches of representations and warranties, or for other reasons.
Report the total of:
• The total principal amount outstanding as of the date of
repurchase or the date of indemnification, as appropriate, of closed-end first lien and junior lien 1-4 family
residential mortgage loans previously sold by the bank
or a consolidated subsidiary subject to an obligation to
FR Y-9C
Schedule HC-P

June 2018

repurchase or indemnify that have been repurchased or
indemnified during the calendar quarter ending on the
report date, and
• The total amount of open-end commitments under
revolving, open-end lines of credit secured by 1-4
family residential properties as of the date of repurchase or the date of indemnification, as appropriate,
that have been repurchased or indemnified during the
calendar quarter ending on the report date.
Do not reduce this amount by any third-party indemnifications or reimbursements that the holding company has
received.
Repurchased 1-4 family residential mortgage loans
include loans that the holding company (or a consolidated subsidiary) had sold but subsequently repurchased
under repurchase obligation provisions of the sales agreement because of a delinquency, noncompliance with the
sellers’ representations and warranties, fraud or misrepresentation, or any other contractual requirement. Exclude
1-4 family residential mortgage loans that have been
repurchased solely at the discretion of the holding company (such as delinquent mortgage loans backing GNMA
mortgage-backed securities), i.e., where the sales agreement contains a repurchase option (which may be conditional), but not a repurchase obligation.
Indemnifications of 1-4 family residential mortgage loans
are limited to reimbursements to loan purchasers or other
third parties for credit losses on loans that the holding
company (or a consolidated subsidiary) has sold. Include
reimbursements made on loans where the holding company has agreed with the purchaser or other third party
not to repurchase the loan as required under the sales
agreement, but rather to guarantee that no credit loss is
sustained. Indemnifications also include loans for which
payments have been made by the holding company (or a
consolidated subsidiary) to purchasers or other third
parties as reimbursements for deficiency balances arising
from sales of real estate collateral (whether or not
foreclosed) on loans that the holding company (or a
consolidated subsidiary) has sold. Exclude indemnification arrangements that are limited to reimbursements of
legal fees or administrative costs.
Line Item 7 Representation and warranty reserves
for 1-4 family residential mortgage loans sold.
When an institution sells or securitizes mortgage loans, it
typically makes certain representations and warranties to
HC-P-3

Schedule HC-P

the investors or other purchasers of the loans at the time
of the sale and to financial guarantors of the loans sold.
The specific representations and warranties may relate to
the ownership of the loan, the validity of the lien securing
the loan, and the loan’s compliance with specified underwriting standards. Under ASC Subtopic 450-20, Contingencies - Loss Contingencies (formerly FASB Statement
No. 5, “Accounting for Contingencies”), an institution is
required to accrue loss contingencies relating to the
representations and warranties made in connection with
their mortgage securitization activities and mortgage loan
sales when it is probable that a loss has been incurred and
the amount of the loss can be reasonably estimated.

Government agencies and Government-sponsored agencies in connection with sales of 1-4 family residential
mortgage loans, including mortgage loans transferred in
securitizations accounted for as sales.

Report in the appropriate subitem the amount of representation and warranty reserves included in Schedule HC-G,
“Other liabilities,” that the institution maintains for 1-4
family residential mortgage loans sold, including those
mortgage loans transferred in securitizations accounted
for as sales.
Amounts reported in Schedule HC-P, items 7(a) and 7(b),
will not be made available to the public on an individual
institution basis. Amounts reported in Schedule HC-P,
item 7(c), will be publicly available.

Line Item 7(b) For representations and warranties
made to other parties.

Line Item 7(a) For representations and warranties
made to U.S. Government agencies and
Government-sponsored agencies.
Report the amount of reserves that the institution maintains for representations and warranties made to U.S.

HC-P-4

U.S. Government agencies and Government-sponsored
agencies include, but are not limited to, such agencies as
the Government National Mortgage Association
(GNMA), the Federal Home Loan Mortgage Corporation
(FHLMC), and the Federal National Mortgage Association (FNMA).

Report the amount of reserves that the institution maintains for representations and warranties made to parties
other than U.S. Government agencies and Governmentsponsored agencies in connection with sales of 1-4
family residential mortgage loans, including mortgage
loans transferred in securitizations accounted for as sales.

Line Item 7(c) Total representation and warranty
reserves.
Report the sum of items 7(a) and 7(b).

Schedule HC-P

FR Y-9C
December 2013

LINE ITEM INSTRUCTIONS FOR

Assets and Liabilities Measured at
Fair Value on a Recurring Basis
Schedule HC-Q

General Instructions

Columns B through E, Fair Value Measurements and
Netting Adjustments

Schedule HC-Q is to be completed by holding companies
that:

For items reported in Column A, report in Columns C, D,
and E the fair value amounts which fall in their entirety in
Levels 1, 2, and 3, respectively. The level in the fair value
hierarchy within which a fair value measurement in its
entirety falls should be determined based on the lowest
level input that is significant to the fair value measurement in its entirety. Thus, for example, if the fair value of
an asset or liability has elements of both Level 2 and
Level 3 measurement inputs, report the entire fair value
of the asset or liability in Column D or Column E based
on the lowest level measurement input with the most
significance to the fair value of the asset or liability in its
entirety as described in ASC Topic 820. For assets and
liabilities that the holding company has netted under
legally enforceable master netting agreements in accordance with ASC Subtopic 210-20, Balance Sheet–
Offsetting (formerly FASB Interpretation No. 39, Offsetting of Amounts Related to Certain Contracts, and FASB
Interpretation No. 41, Offsetting of Amounts Related to
Certain Repurchase and Reverse Repurchase Agreements), report the gross amounts in Columns C, D, and E
and the related netting adjustment in Column B. For
more information on Level 1, 2, and 3 measurement
inputs, see the Glossary entry for “fair value.”

(1) Have elected to report financial instruments or servicing assets and liabilities at fair value under a fair
value option with changes in fair value recognized in
earnings or
(2) Are required to complete Schedule HC-D, Trading
Assets and Liabilities.
Holding companies should report in Schedule HC-Q all
assets and liabilities that are measured at fair value in the
financial statements on a recurring basis. Exclude from
Schedule HC-Q those assets and liabilities that are
measured at fair value on a nonrecurring basis. Recurring
fair value measurement of assets or liabilities are those
fair value measurements that applicable accounting standards and these instructions require or permit in the
balance sheet at the end of each reporting period. In
contrast, nonrecurring fair value measurements of asset
or liabilities are those fair value measurements that
applicable accounting standards and these instructions
require or permit in the balance sheet in particular
circumstances (for example, when an institution subsequently measures foreclosed real estate at the lower of
cost or fair value less estimated costs to sell).
Column Instructions
Column A, Total Fair Value Reported on Schedule HC
Report in Column A the total fair value, as defined by
ASC Topic 820, Fair Value Measurements (formerly
FASB Statement No. 157, Fair Value Measurements), of
those assets and liabilities reported on Schedule HC,
Balance Sheet, that the holding company reports at fair
value on a recurring basis.
FR Y-9C
Schedule HC-Q

June 2018

ASC Topic 820 permits a holding company, as a practical
expedient, to measure the fair value of investments in
investment companies and real estate funds that meet
criteria specified in this topic using the investment’s net
asset value (NAV) per share (or its equivalent). When a
holding company has elected to measure the fair value of
such an investment using the NAV per share practical
expedient and the fair value is measured on a recurring
basis, the holding company should report the investment’s fair value in column A of the appropriate asset
item of Schedule HC-Q. However, the holding company
should exclude the investment from the Level 1, 2, and 3
HC-Q-1

Schedule HC-Q

disclosures in columns C, D, and E of Schedule HC-Q.1
Instead, the holding company should report the fair value
measured using the NAV per share practical expedient in
column B along with the netting adjustments reported in
column B. In contrast, for an investment measured at fair
value on a recurring basis that meets the criteria specified
in Topic 820, if the holding company does not elect to
measure fair value using the NAV per share practical
expedient, it should report the investment’s fair value in
column A of Schedule HC-Q and disclose this fair value
in column C, D, or E, as appropriate, based on the lowest
level input that is significant to the fair value measurement in its entirety.

Item Instructions
For each item in Schedule HC-Q, the sum of columns C,
D, and E less column B must equal column A.
Line Item 1 Available-for-sale debt securities and
equity securities with readily determinable fair
values not held for trading purposes.
For holding companies that have adopted FASB Accounting Standards Update No. 2016-01 (ASU 2016-01),
which includes provisions governing the accounting for
investments in equity securities, including investment in
mutual funds, and eliminates the concept of available-forsale equity securities (see the Note preceding the instructions for Schedule HC, item 2(c), report in column A the
sum of Schedule HC, items 2(b) and 2(c).
For holding companies that have not adopted ASU
2016-01, report in column A the amount reported in
Schedule HC, item 2(b).
Report in columns B through E, as appropriate, the fair
values of the debt and equity securities reported in
column A determined using Level 1, Level 2, and Level 3
measurement inputs and any netting adjustments.
Line Item 2 Federal funds sold and securities
purchased under agreements to resell.
Report in the appropriate column the total fair value of
those federal funds sold and securities purchased under
1. Refer to Accounting Standards Update (ASU) No. 2015-07, “Disclosures for Investments in Certain Entities That Calculate Net Asset Value
per Share (or Its Equivalent),” which removes the requirement to categorize within the fair value hierarchy all investments for which fair value is
measured using the NAV per share (or its equivalent) practical expedient
described in ASC Topic 820.

HC-Q-2

agreements to resell reported in Schedule HC, items 3.a
and 3.b, that the holding company has elected to report
under the fair value option; the fair values determined
using Level 1, Level 2, and Level 3 measurement inputs;
and any netting adjustments.
Line Item 3 Loans and leases held for sale.
Report in the appropriate column the total fair value of
those loans held for sale reported in Schedule HC-C, that
the holding company has elected to report under the fair
value option; the fair values determined using Level 1,
Level 2, and Level 3 measurement inputs; and any
netting adjustments. Loans held for sale that the holding
company has elected to report under the fair value option
are included in Schedule HC-C and Schedule HC, item
4(a). Exclude loans held for sale that are reported at the
lower of cost or fair value in Schedule HC, item 4(a), and
loans that have been reported as trading assets in Schedule HC, item 5. Leases are generally not eligible for the
fair value option.
Line Item 4 Loans and leases held for investment.
Report in the appropriate column the total fair value of
those loans held for investment reported in Schedule
HC-C that the holding company has elected to report
under the fair value option; the fair values determined
using Level 1, Level 2, and Level 3 measurement inputs;
and any netting adjustments. Loans held for investment
that the holding company has elected to report under the
fair value option are included in Schedule HC-C and
Schedule HC, item 4(b). Leases are generally not eligible
for the fair value option.
Line Item 5 Trading assets:
Line Item 5(a) Derivative assets.
Report in the appropriate column the total fair value of
derivative assets held for trading purposes as reported in
Schedule HC, item 5; the fair values determined using
Level 1, Level 2, and Level 3 measurement inputs; and
any netting adjustments.
Line Item 5(b) Other trading assets.
Report in the appropriate column the total fair value of all
trading assets, except for derivatives, as reported in
Schedule HC, item 5; the fair values determined using
Level 1, Level 2, and Level 3 measurement inputs,
Schedule HC-Q

FR Y-9C
March 2018

Schedule HC-Q

including the fair values of loans that have been reported
as trading assets; and any netting adjustments.
Line Item 5(b)(1) Nontrading securities at fair
value with changes in fair value reported in current
earnings.
Report in the appropriate column the total fair value of
those securities the holding company has elected to
report under the fair value option that is included in
Schedule HC-Q, item 5(b) above; the fair values determined using Level 1, Level 2, and Level 3 measurement
inputs; and any netting adjustments. Securities that the
holding company has elected to report at fair value under
the fair value option are reported as trading securities
pursuant to ASC Subtopic 825-10, Financial Instruments
– Overall (formerly FASB Statement No. 159, The Fair
Value Option for Financial Assets and Financial Liabilities) even though management did not acquire the securities principally for the purpose of trading.
Line Item 6 All other assets.
Report in the appropriate column the total fair value of all
other assets that are required to be measured at fair value
on a recurring basis or that the holding company has
elected to report under the fair value option that is
included in Schedule HC, Balance Sheet, and is not
reported in Schedule HC-Q, items 1 through 5 above; the
fair values determined using Level 1, Level 2, and Level
3 measurement inputs; and any netting adjustments.
Include derivative assets held for purposes other than
trading, interest-only strips receivable (not in the form of
a security) held for purposes other than trading, servicing
assets measured at fair value under fair value option, and
other categories of assets measured at fair value on the
balance sheet on a recurring basis under applicable
accounting standards.
Exclude servicing assets initially measured at fair value,
but subsequently measured using the amortization method,
and other real estate owned (which are subject to fair
value measurement on a nonrecurring basis).
Line Item 7 Total assets measured at fair value on
a recurring basis.
Report the sum of items 1 through 5(b) plus item 6.
FR Y-9C
Schedule HC-Q

December 2013

Line Item 8 Deposits.
Report in the appropriate column the total fair value of
those deposits reported in Schedule HC, items 13(a) and
13(b), that the holding company has elected to report
under the fair value option; the fair values determined
using Level 1, Level 2, and Level 3 measurement inputs;
and any netting adjustments. Deposits withdrawable on
demand (e.g., demand and savings deposits in domestic
offices) are generally not eligible for the fair value option.
Line Item 9 Federal funds purchased and
securities sold under agreements to repurchase.
Report in the appropriate column the total fair value of
those federal funds purchased and securities sold under
agreements to repurchase reported in Schedule HC, items
14(a) and 14(b), that the holding company has elected to
report under the fair value option; the fair values determined using Level 1, Level 2, and Level 3 measurement
inputs; and any netting adjustments.
Line Item 10 Trading liabilities:
Line Item 10(a) Derivative liabilities.
Report in the appropriate column the total fair value of
derivative liabilities held for trading purposes as reported
in Schedule HC, item 15; the fair values determined
using Level 1, Level 2, and Level 3 measurement inputs;
and any netting adjustments.
Line Item 10(b) Other trading liabilities.
Report in the appropriate column the total fair value of
trading liabilities, except for derivatives, as reported in
Schedule HC, item 15; the fair values determined using
Level 1, Level 2, and Level 3 measurement inputs; and
any netting adjustments.
Line Item 11 Other borrowed money.
Report in the appropriate column the total fair value of
those Federal Home Loan Bank advances and other
borrowings reported in Schedule HC, item 16, that the
holding company has elected to report under the fair
value option; the fair values determined using Level 1,
Level 2, and Level 3 measurement inputs; and any
netting adjustments.
HC-Q-3

Schedule HC-Q

Line Item 12 Subordinated notes and debentures.
Report in the appropriate column the total fair value of
those subordinated notes and debentures (including mandatory convertible debt) reported in Schedule HC, item
19, that the holding company has elected to report under
the fair value option; the fair values determined using
Level 1, Level 2, and Level 3 measurement inputs; and
any netting adjustments.

exceed 50 characters in length (including spacing between
words).
Preprinted captions have been provided for the following
categories of all other assets:
• Memorandum item 1(a), “Mortgage servicing assets,”
and
• Memorandum item 1(b), “Nontrading derivative assets.”

Line Item 13 All other liabilities.

Line Item M2

Report in the appropriate column the total fair value of all
other liabilities that are required to be measured at fair
value on a recurring basis or that the holding company
has elected to report under the fair value option that is
included in Schedule HC, Balance Sheet, and is not
reported in Schedule HC-Q, items 8 through 12 above;
the fair values determined using Level 1, Level 2, and
Level 3 measurement inputs; and any netting adjustments.

Disclose in Memorandum items 2(a) through 2(f) each
component of all other liabilities, and the dollar amount
of such component, that is greater than $100,000 and
exceeds 25 percent of the amount reported in Schedule
HC-Q, item 13, column A. For each component of all
other liabilities that exceeds this disclosure threshold for
which a preprinted caption has not been provided in
Memorandum items 2(a) and 2(b), describe the component with a clear but concise caption in Memorandum
items 2(c) through 2(f). These descriptions should not
exceed 50 characters in length (including spacing between
words).

Include derivative liabilities held for purposes other than
trading, servicing liabilities measured at fair value under
a fair value option, and other categories of liabilities
measured at fair value on the balance sheet on a recurring
basis under applicable accounting standards.

All other liabilities.

Preprinted captions have been provided for the following
categories of all other liabilities:

Exclude servicing liabilities initially measured at fair
value, but subsequently measured using the amortization
method (which are subject to fair value measurement on
a nonrecurring basis).

• Memorandum item 2(a), “Loan commitments (not
accounted for as derivatives),” and

Line Item 14 Total liabilities measured at fair
value on a recurring basis.

Note: Memorandum items 3 and 4 are to be completed by
holding companies that have elected to measure loans
included in HC-C at Fair Value under a Fair Value
option.

Report the sum of items 8 through 13.

• Memorandum item 2(b), “Nontrading derivative
liabilities.”

Memoranda
Line Item M1

All other assets.

Disclose in Memorandum items 1(a) through 1(f) each
component of all other assets, and the dollar amount of
such component, that is greater than $100,000 and
exceeds 25 percent of the amount reported in Schedule
HC-Q, item 6, column A. For each component of all
other assets that exceeds this disclosure threshold for
which a preprinted caption has not been provided in
Memorandum items 1(a) and 1(b), describe the component with a clear but concise caption in Memorandum
items 1(c) through 1(f). These descriptions should not
HC-Q-4

Line Item M3

Loans measured at fair value.

Report in the appropriate subitem the total fair value of
all loans measured at fair value under a fair value option
and included in Schedule HC-C, regardless of whether
the loans are held for sale or held for investment.
Line Item M3(a)

Loans secured by real estate.

Report the total fair value of loans secured by real estate
included in Schedule HC-C, item 1, measured at fair
value under a fair value option.
Schedule HC-Q

FR Y-9C
June 2018

Schedule HC-Q

Line Item M3(a)(1) Secured by 1–4 family
residential properties.
Report the total fair value of all open-end and closed-end
loans secured by 1–4 family residential properties (as
defined for Schedule HC-C, item 1(c)) (in domestic
offices) included in Schedule HC-C, item 1, measured at
fair value under a fair value option.
Line Item M3(a)(2)
estate.

All other loans secured by real

Report the total fair value of all other loans secured by
real estate (as defined for Schedule HC-C, items 1(a),
1(b), 1(d), and 1(e) included in Schedule HC-C, item 1,
measured at fair value under a fair value option.
Line Item M3(b)

Commercial and industrial loans.

Report the total fair value of commercial and industrial
loans included in Schedule HC-C, item 4, measured at
the fair value under a fair value option.
Line Item M3(c) Loans to individuals for
household, family, and other personal expenditures.
Report the total fair value of all loans to individuals for
household, family, and other personal expenditures
(included in Schedule HC-C, items 6(a) through 6(d))
measured at fair value under a fair value option.
Line Item M3(d)

Other loans.

Report the total fair value of all other loans measured at
fair value under a fair value option that cannot properly
be reported in one of the preceding subitems of this
Memorandum item 3. Such loans include “Loans to
depository institutions and acceptances of other banks,”
“Loans to finance agricultural production and other loans
to farmers,” “Loans to foreign governments and official
institutions,” “Obligations (other than securities and
leases) of states and political subdivisions in the U.S.,”
and “Other loans” (as defined for Schedule HC-C,
items 2, 3, 7, and 9).

FR Y-9C
Schedule HC-Q

June 2018

Line Item M4 Unpaid principal balance of loans
measured at fair value (reported in HC-Q
Memorandum item 3).
Report in the appropriate subitem the total unpaid principal balance outstanding for all loans measured at fair
value reported in Schedule HC-Q, Memorandum item 3.
Line Item M4(a) Loans secured by real estate.
Report the total unpaid principal balance outstanding for
all loans secured by real estate reported in Schedule
HC-Q, Memorandum items 3(a)(1) and 3(a)(2) .
Line Item M4(a)(1) Secured by 1–4 family
residential properties.
Report the total unpaid principal balance outstanding for
all loans secured by 1–4 family residential properties
reported in Schedule HC-Q, Memorandum item 3(a)(1).
Line Item M4(a)(2) All other loans secured by real
estate.
Report the total unpaid principal balance outstanding for
all other loans secured by real estate reported in Schedule
HC-Q, Memorandum Item 3(a)(2).
Line Item M4(b) Commercial and industrial loans.
Report the total unpaid principal balance outstanding for
all commercial and industrial loans reported in Schedule
HC-Q, Memorandum item 3(b).
Line Item M4(c) Loans to individuals for
household, family, and other personal expenditures.
Report the total unpaid principal balance outstanding for
all loans to individuals for household, family, and other
personal expenditures reported in Schedule HC-Q, Memorandum item 3(c).
Line Item M4(d) Other loans.
Report the total unpaid principal balance outstanding for
all loans reported in Schedule HC-Q, Memorandum item
3(d). Such loans include “Loans to depository institutions
and acceptances of other banks,” “Loans to finance
agricultural production and other loans to farmers,”
“Loans to foreign governments and official institutions,”
“Obligations (other than securities and leases) of states
and political subdivisions in the U.S.,” and “Other loans”
(as defined for Schedule HC-C, items 2, 3, 7, 8, and 9).

HC-Q-5

LINE ITEM INSTRUCTIONS FOR

Regulatory Capital
Schedule HC-R

General Instructions for HC-R
The instructions for Schedule HC-R should be read in
conjunction with the regulatory capital rules issued by
the Federal Reserve.
Schedule HC-R, Part I Regulatory Capital
Components and Ratios
General Instructions for Part I
The instructions for Schedule HC-R, Part I, should be
read in conjunction with the revised regulatory capital
rules issued by the Federal Reserve Board on July 2,
2013.1
Transition Provisions: Transition provisions apply to
the minimum regulatory capital ratios, the capital conservation buffer, the regulatory capital adjustments and
deductions, and non-qualifying capital instruments. For
example, transition provisions for the regulatory capital
adjustments and deductions specify that certain items that
were deducted from tier 1 capital previously will be
deducted from common equity tier 1 capital under the
regulatory capital rules, with the amount of the deduction
changing each calendar year until the transition period
ends. For some regulatory capital deductions and adjustments, the non-deducted portion of the item is either
risk-weighted for the remainder of the transition period
or deducted from additional tier 1 capital, as described in
the instructions for the applicable items below.
NOTE: For holding companies that are not advanced
approaches institutions (as described in footnote 1), the
transition provisions applicable during 2017 under the
banking agencies’ regulatory capital rules have been
extended indefinitely for certain regulatory capital deductions and risk weights as well as certain minority interest
requirements. The Schedule HC-R instructions reflect the
1. See 78 FR 62018 (October 11, 2013), codified at 12 CFR part 217.
FR Y-9C
Schedule HC-R

March 2018

indefinite maintenance of the regulatory capital treatment
of these capital deductions, risk weights, and minority
interest requirements applicable to non-advanced
approaches institutions during 2017.
Advanced approaches holding companies:2 Advanced
approaches holding companies may use the amounts
reported in Schedule HC-R, Part I to complete FFIEC
101, Schedule A, as applicable. As described in the
General Instructions for FFIEC 101, a holding company
must begin reporting on the FFIEC 101, Schedule A,
except for a few specific line items, at the end of the
quarter after the quarter in which a holding company
triggers one of the threshold criteria for applying the
advanced approaches rule or elects to use the advanced
approaches rule (an opt-in institution),3 and it must begin
reporting data on the remaining schedules of the
2. An advanced approaches institution as defined in the revised regulatory capital rules (i) has consolidated total assets (excluding assets held by
an insurance underwriting subsidiary) on its most recent year-end regulatory report equal to $250 billion or more; (ii) has consolidated total
on-balance sheet foreign exposure on its most recent year-end regulatory
report equal to $10 billion or more (excluding exposures held by an
insurance underwriting subsidiary), as calculated in accordance with
FFIEC 009; (iii) is a subsidiary of a depository institution that uses the
advanced approaches pursuant to subpart E of 12 CFR part 3 (OCC), 12
CFR part 217 (Board), or 12 CFR part 325 (FDIC) to calculate its total
risk-weighted assets; (iv) is a subsidiary of a bank holding company or
savings and loan holding company that uses the advanced approaches
pursuant to 12 CFR part 217 to calculate its total risk-weighted assets; or
(v) elects to use the advanced approaches to calculate its total riskweighted assets. As described in section 121 of the revised regulatory
capital rules, an institution must adopt a written implementation plan no
later than 6 months after the institution meets the criteria above and work
with its primary federal supervisor on implementing the parallel run
process.
3. An institution is deemed to have elected to use the advanced approaches rule on the date that the Board receives from the institution a
board-approved implementation plan pursuant to section 121(b)(2) of the
revised regulatory capital rules. After that date, in addition to being
required to report on the FFIEC 101, Schedule A, the institution may no
longer apply the AOCI opt-out election in section 22(b)(2) of the revised

HC-R-1

Schedule HC-R

FFIEC 101 at the end of the first quarter in which it has
begun its parallel run period.
Advanced approaches institutions must continue to file
Schedule HC-R, Regulatory Capital, as well as the
FFIEC 101.
A holding company that is subject to the advanced
approaches rule remains subject to the rule unless its
primary federal supervisor determines in writing that
application of the rule is not appropriate in light of the
holding company’s asset size, level of complexity, risk
profile, or scope of operations.
Institutions not subject to advanced approaches rule:
Starting on March 31, 2015, all other holding companies4
must complete Schedule HC-R, Part I, using the instructions below for line items 1 through 48. Holding companies must complete the applicable items using the mandatory transition provisions which are included in certain
items. Holding companies, except for advanced
approaches holding companies, must apply the transition
provisions starting with calendar year 2015. In general,
transition provisions apply to the minimum regulatory
capital ratios; the capital conservation buffer; the regulatory capital adjustments and deductions; and nonqualifying capital instruments. For example, transition
provisions for the regulatory capital adjustments and
deductions specify that certain items that were deducted
from tier 1 capital previously will be deducted from
common equity tier 1 capital under the revised regulatory
capital rules, with the amount of the deduction changing
each calendar year until the transition period ends. For
some regulatory capital deductions and adjustments, the
non-deducted portion of the item is either risk-weighted
for the remainder of the transition period or deducted
from additional tier 1 capital, as described in the instructions for the applicable items below.
SLHCs: The revised regulatory capital rules apply to
top-tier SLHCs that are not substantially engaged in
insurance or commercial activities (covered SLHCs).
regulatory capital rules and it becomes subject to the supplementary
leverage ratio in section 10(c)(4) of the rules and its associated transition
provisions.
4. Institutions relying on the Board’s Supervision and Regulation Letter
(SR) 01-1 are not required to comply with the revised regulatory capital
rule until July 21, 2015. Thus, these institutions would be required to file
the FR Y-9C, including the proposed Schedule HC-R, in the first reporting
period following that date, which is September 30, 2015.

HC-R-2

A top-tier SLHC is deemed to be substantially engaged in
insurance activities (insurance SLHC) if (i) the top-tier
SLHC is an insurance underwriting company;5 or (ii) as
of June 30 of the previous calendar year, it held 25
percent or more of its total consolidated assets in subsidiaries that are insurance underwriting companies (other
than assets associated with insurance for credit risk). For
purposes of determining the 25 percent threshold, the
SLHC must calculate its total consolidated assets in
accordance with generally accepted accounting principles (GAAP), or if the SLHC does not calculate its total
consolidated assets under GAAP for any regulatory
purpose (including compliance with applicable securities
laws), the SLHC may estimate its total consolidated
assets, subject to review and adjustment by the Board.
Thus, insurance SLHCs are not required to complete
Schedule HC-R, even if they complete other schedules of
the FR Y-9C.
A top-tier SLHC is deemed to be substantially engaged in
commercial activities (commercial SLHC) if (i) the toptier SLHC is a grandfathered unitary SLHC (as defined in
section 10(c)(9)(A) of HOLA) and (ii) as of June 30 of
the previous calendar year, it derived 50 percent or more
of its total consolidated assets or 50 percent of its total
revenues on an enterprise-wide basis (as calculated under
GAAP) from activities that are not financial in nature
under section 4(k) of the Bank Holding Company Act (12
U.S.C. 1842(k)).
Item Instructions for Part 1

Common Equity Tier 1 Capital
Line Item 1 Common stock plus related surplus,
net of treasury stock and unearned employee stock
ownership plan (ESOP) shares.
Report the sum of Schedule HC, items 24, 25 and item
26(c) as follows:
(1) Common stock: report the amount of common stock
reported in Schedule HC, item 24, provided it meets
the criteria for common equity tier 1 capital based on
the revised regulatory capital rules of the Federal
Reserve. Include capital instruments issued by mutual
banking organizations that meet the criteria for common equity tier 1 capital.
5. Insurance underwriting company means an insurance company as
defined in section 201 of the Dodd-Frank Act (12 U.S.C. 5381) that
engages in insurance underwriting activities.

Schedule HC-R

FR Y-9C
June 2015

Schedule HC-R

(2) Related surplus: adjust the amount reported in Schedule HC, item 25 as follows: include the net amount
formally transferred to the surplus account, including
capital contributions, and any amount received for
common stock in excess of its par or stated value on
or before the report date; exclude adjustments arising
from treasury stock transactions.
(3) Treasury stock, unearned ESOP shares, and any
other contra-equity components: report the amount of
contra-equity components reported as negative
amounts in Schedule HC, item 26(c). Because contraequity components reduce equity capital, the amount
reported in Schedule HC, item 26(c), is a negative
amount.
Line Item 2 Retained earnings.
Report the amount of the holding company’s retained
earnings as reported in Schedule HC, item 26(a).

HC-R, item 3, if a holding company makes an AOCI
opt-out election.
A holding company (except an advanced approaches
holding company) must make its AOCI opt-out election
on the holding company’s March 31, 2015 FR Y-9C
report. For a holding company that comes into existence
after March 31, 2015, the holding company must make
its AOCI opt-out election on the holding company’s first
FR Y-9C report. After a holding company initially makes
its AOCI opt-out election, the holding company must
report its election in each quarterly FRY-9C report
thereafter. Each of the holding company’s depository
institution subsidiaries, if any, must elect the same option
as the holding company. With prior notice to the Federal
Reserve, a holding company resulting from a merger,
acquisition, or purchase transaction may make a new
AOCI opt-out election, as described in section 22(b)(2)
of the revised regulatory capital rules.

Line Item 3 Accumulated other comprehensive
income (AOCI).

(ii) Holding companies that do not make an AOCI
opt-out election and all advanced approaches holding
companies:

For institutions that have made the AOCI Opt-out election in item 3(a) below, report the amount of AOCI as
reported under generally accepted accounting principles
(GAAP) in the U.S. that is included in Schedule HC, item
26(b). For holding companies that have not made or
cannot make the AOCI opt-out election in item 3(a)
below, report the amount of AOCI as reported under U.S.
GAAP included in Schedule HC, item 26(b) subject to
the transition provisions described in section (ii) in item
3(a) below.

A holding company that does not make an AOCI opt-out
election and enters ‘‘0’’ for ‘‘No’’ in item 3(a) and all
advanced approaches holding companies are subject to
the AOCI-related adjustment under Schedule HC-R, item
9(f). In addition, beginning January 1, 2014, for advanced
approaches holding companies and January 1, 2015, for
all other holding companies that report ‘‘No’’ in item 3(a)
and through December 31, 2017, these holding companies must report Schedule HC-R, item 3, subject to the
following transition provisions:

Line Item 3(a) AOCI opt-out election.

Transition provisions: report AOCI adjusted for the
transition AOCI adjustment amount in Schedule HC-R,
item 3, as follows:

(i) Holding companies, except advanced approaches
holding companies:
A holding company that is not an advanced approaches
holding company may make a one-time election to
become subject to the AOCI-related adjustments in
Schedule HC-R, items 9(a) through 9(e). That is, such a
holding company may opt-out of the requirement to
include most components of AOCI in common equity tier
1 capital (with the exception of accumulated net gains
and losses on cash flow hedges related to items that are
not recognized at fair value on the balance sheet). A
holding company that makes an AOCI opt-out election
must enter ‘‘1’’ for ‘‘Yes’’ in item 3(a). There are no
transition provisions applicable to reporting Schedule
FR Y-9C
Schedule HC-R

June 2015

(i)

Determine the aggregate amount of the following
items:
(1) Unrealized gains on available-for-sale securities
that are preferred stock classified as an equity
security under GAAP or available-for-sale equity
exposures, plus
(2) Net unrealized gains (losses) on available-forsale securities that are not preferred stock classified as an equity security under GAAP or
available-for-sale equity exposures (i.e.,
available-for-sale debt securities reported in
Schedule HC-B, items 1 through 6, columns C
HC-R-3

Schedule HC-R

and D) and net unrealized gains (losses) on
those assets not reported in Schedule HC-B, that
the bank accounts for like available-for-sale
debt securities in accordance with applicable
accounting standards (e.g., negotiable certificates of deposit and nonrated industrial development obligations), plus
(3) Any amounts recorded in AOCI attributed to
defined benefit postretirement plans resulting
from the initial and subsequent application of
the relevant GAAP standards that pertain to
such plans (excluding, at the holding company’s
option, the portion relating to pension assets
deducted in Schedule HC-R, item 10(b)(2)),
plus
(4) Accumulated net gains (losses) on cash flow

hedges related to items that are reported on the
balance sheet at fair value included in AOCI,
plus
(5) Net unrealized gains (losses) on held-tomaturity securities that are included in AOCI.
(ii) Multiply the amount calculated in step (i) by the
appropriate percentage in Table 1 below. This
amount is the calendar-year transition AOCI adjustment amount.
(iii) Report in Schedule HC-R, item 3, the amount of
AOCI reported in Schedule HC, item 26(b), minus
the calendar-year transition AOCI adjustment
amount calculated in step (ii). If the amount in step
(ii) is negative, the result of step (ii) will be added
to the amount from Schedule HC, item 26(b), since
substracting a negative number is equivalent to
adding a number in step (iii).

Table 1-Percentage of the transition AOCI adjustment amount to be applied to common equity tier 1 capital
Transition period

Percentage of the transition AOCI adjustment amount
to be applied to common equity tier 1 capital

Calendar year 2014

80

Calendar year 2015

60

Calendar year 2016

40

Calendar year 2017

20

Calendar year 2018 and thereafter

0

Line Item 4 Common equity tier 1 minority
interest includable in common equity tier 1 capital.
Report the aggregate amount of common equity tier 1
minority interest, calculated as described below and in
section 21 of the revised regulatory capital rules. Common equity tier 1 minority interest is the portion of equity
in a reporting institution’s subsidiary not attributable,
directly or indirectly, to the parent institution. Note that
an institution may only include common equity tier 1
minority interest if: (a) the subsidiary is a depository
institution or a foreign bank; and (b) the capital instruments issued by the subsidiary meet all of the criteria for
common equity tier 1 capital (qualifying common equity
tier 1 capital instruments).
HC-R-4

In general, the minority interest limitation applies only if
a subsidiary has a surplus common equity tier 1 capital
(that is, in excess of the subsidiary’s minimum capital
requirements and the applicable capital conservation
buffer). For example, a subsidiary with a common equity
tier 1 capital ratio of 8 percent that needs to maintain a
common equity tier 1 capital ratio of more than 7 percent
to avoid limitations on capital distributions and discretionary bonus payments is considered to have ‘‘surplus’’
common equity tier 1 capital. Thus, at the consolidated
level, the holding company may not include the portion
of such surplus common equity tier 1 capital and is
required to phase out this surplus minority interest in
accordance with Table 2, as described below in this
item 4.
Schedule HC-R

FR Y-9C
June 2015

Schedule HC-R

In addition, a holding company is required to phase-out
regulatory capital instruments issued by the subsidiaries
that no longer qualify for inclusion in regulatory capital
in accordance with Table 2, as described below in this
Schedule HC-R, item 4.
The following example and a worksheet is intended to
assist holding companies in determining the amount of
common equity tier 1 minority interest includable in
common equity tier 1 capital.
Example: For each consolidated subsidiary that is a
depository institution or a foreign bank, calculate com-

mon equity tier 1 minority interest includable at the
holding company level as follows:
Assumptions:
• For example, assume that risk-weighted assets of the
consolidated subsidiary are the same as the riskweighted assets of the holding company that relate to
the subsidiary ($1,000);
• The subsidiary’s common equity tier 1 capital is $80;
• The subsidiary’s common equity tier 1 minority interest (that is, owned by minority shareholders) is $24.

Determine the risk-weighted assets of the subsidiary.

$1,000

(2)

Using the standardized approach, determine the risk-weighted assets of the holding
company that relate to the subsidiary. Note that the amount in this step (2) may
differ from the amount in step (1) due to intercompany transactions and eliminations in consolidation.

$1,000

(3)

Determine the lower of (1) or (2), and multiply that amount by 7.0%.6

$1,000 x 7% =
$70

(4)

Determine the dollar amount of the subsidiary’s common equity tier 1 capital
(assumed $80 in this example). If this amount is less than step (3), include common equity tier 1 minority interest (assumed to be $24 in this example) in Schedule HC-R, item 4. Otherwise, continue to step (5).

$80

(5)

Subtract the amount in step (3) from the amount in step (4). This is the ‘‘surplus
common equity tier 1 capital of the subsidiary.’’

$80 - $70 = $10

(6)

Determine the percent of the subsidiary’s common equity tier 1 capital owned by
third parties (the minority shareholders).

$24/$80 = 30%

(7)

Multiply the percentage in step (6) by the dollar amount in step (5). This is the
‘‘surplus common equity tier 1 minority interest of the subsidiary,’’ Subject to the
transition provisions below.

30% x $10 = $3

(8)

Subtract the amount in step (7) from the subsidiary’s common equity tier 1 minority interest.

$24 - $3 = $21

(9)

This is the ‘‘common equity tier 1 minority interest includable at the holding company level’’ to be included in Schedule HC-R, item 4, for this subsidiary.

$21

(1)

6. The percentage multiplier in step (3) is the capital ratio necessary for the depository institution to avoid restrictions on distributions and discretionary
bonus payments. Advanced approaches holding companies must adjust this percentage to account for all the applicable buffers.

FR Y-9C
Schedule HC-R

June 2015

HC-R-5

Schedule HC-R

Transition provisions for surplus minority interest or
non-qualifying minority interest:
a. Surplus minority interest:
A holding company may include in common equity tier 1
capital, tier 1 capital, or total capital the percentage of the
common equity tier 1 minority interest, tier 1 minority
interest and total capital minority interest outstanding as
of January 1, 2014, that exceeds any common equity
tier 1 minority interest, tier 1 minority interest or total
capital minority interest includable under section 21 of
the revised regulatory capital rules (surplus minority
interest) as follows:
(i) Determine the amounts of outstanding surplus minority interest (for the case of common equity tier 1,
tier 1, and total capital).
(ii) For advanced approaches holding companies, multiply the amounts in (i) by the appropriate percentage
in Table 2 below. For non-advanced approaches
holding companies, multiply the amounts in (i) by 20
percent.
(iii) Include the amounts in (ii) in the corresponding line
items (that is, Schedule HC-R, item 4, item 22, or
item 29).
In the worksheet calculation above, the transition provisions for surplus minority interest would apply at step
(7). Specifically, if the holding company has $3 of
surplus common equity tier 1 minority interest of the
subsidiary as of January 1, 2014, it may include $1.80
(that is, $3 multiplied by 60%) in Schedule HC-R, item 4,

during calendar year 2015; $1.20 during calendar year
2016; $0.60 during calendar year 2017; $0 starting on
January 1, 2018, for an advanced approaches holding
company and $0.60 starting on January 1, 2018 for a
non-advanced approaches institution.
b. Non-qualifying minority interest:
A holding company may include in tier 1 capital or total
capital the percentage of the tier 1 minority interest and
total capital minority interest outstanding as of January 1,
2014, that does not meet the criteria for additional tier 1
or tier 2 capital instruments in section 20 of the revised
regulatory capital rules (non-qualifying minority interest). The holding company must phase-out nonqualifying minority interest in accordance with Table 2,
using the following steps for each subsidiary:
(i) Determine the amounts of the outstanding nonqualifying minority interest (in the form of additional
tier 1 and tier 2 capital).
(ii) Multiply the amounts in (i) by the appropriate percentage in Table 2 below.
(iii) Include the amounts in (ii) in the corresponding item
(that is, Schedule HC-R, item 22 or item 29).
For example, if a holding company has $10 of nonqualifying minority interest that previously qualified as
tier 1 capital, it may include $8 (that is, $10 multiplied by
80%) during calendar year 2014, $6 during calendar year
2015, $4 during calendar year 2016, $2 during calendar
year 2017 and $0 starting in January 1, 2018.

Table 2—Percentage of the amount of surplus minority interest or non-qualifying minority interest includable in
regulatory capital during the transition period

HC-R-6

Transition period

Percentage of the amount of surplus minority interest for advanced
approaches holding companies or non-qualifying minority interest for all
holding companies that can be included in regulatory capital during the
transition period

Calendar year 2014

80

Calendar year 2015

60

Calendar year 2016

40

Calendar year 2017

20

Calendar year 2018
and thereafter

0

Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

Line Item 5 Common equity tier 1 capital before
adjustments and deductions.
Report the sum of Schedule HC-R, items 1, 2, 3, and 4.

Common equity tier 1 capital:
adjustments and deductions
Note 1: As described in section 22(b) of the revised
regulatory capital rules, regulatory adjustments to common equity tier 1 capital must be made net of associated
deferred tax effects.
Note 2: As described in section 22(e) of the revised
regulatory capital rules, netting of deferred tax liabilities
(DTLs) against assets that are subject to deduction is
permitted if the following conditions are met:
(i) The DTL is associated with the asset;
(ii) The DTL would be extinguished if the associated
asset becomes impaired or is derecognized under
GAAP; and
(iii) A DTL can only be netted against a single asset.
The amount of deferred tax assets (DTAs) that arise from
net operating loss and tax credit carryforwards, net of any
related valuation allowances, and of DTAs arising from
temporary differences that could not be realized through
net operating loss carrybacks, net of any related valuation
allowances, may be offset by DTLs (that have not been
netted against assets subject to deduction) if the following conditions are met:
(i) Only the DTAs and DTLs that relate to taxes levied
by the same taxation authority and that are eligible for
offsetting by that authority may be offset for purposes
of this deduction.
(ii) The amount of DTLs that the holding company nets
against DTAs that arise from net operating loss and
tax credit carryforwards, net of any related valuation
allowances, and against DTAs arising from temporary differences that could not be realized through
net operating loss carrybacks, net of any related
valuation allowances, must be allocated in proportion to the amount of DTAs that arise from net
operating loss and tax credit carryforwards (net of
any related valuation allowances, but before any
offsetting of DTLs) and of DTAs arising from temporary differences that could not be realized through
net operating loss carrybacks (net of any related
FR Y-9C
Schedule HC-R

June 2018

valuation allowances, but before any offsetting of
DTLs), respectively.
A holding company may offset DTLs embedded in the
carrying value of a leveraged lease portfolio acquired in a
business combination that are not recognized under
GAAP against DTAs that are subject to section 22(a) of
the revised regulatory capital rules in accordance with
section 22(e).
A holding company must net DTLs against assets subject
to deduction in a consistent manner from reporting period
to reporting period. A holding company may change its
DTL netting preference only after obtaining the prior
written approval of the Federal Reserve.
In addition, note that even though certain deductions may
be net of associated DTLs, the risk-weighted portion of
those items may not be reduced by the associated DTLs.
Line Item 6 LESS: Goodwill net of associated
deferred tax liabilities (DTLs).
Report the amount of goodwill included in Schedule
HC-M, item 12(b).
However, if the holding company has a DTL that is
specifically related to goodwill that it chooses to net
against the goodwill, the amount of disallowed goodwill
to be reported in this item should be reduced by the
amount of the associated DTL.
If a holding company has significant investments in the
capital of unconsolidated financial institutions in the
form of common stock, the holding company should
report in this item goodwill embedded in the valuation of
a significant investment in the capital of an unconsolidated financial institution in the form of common stock
(embedded goodwill). Such deduction of embedded
goodwill would apply to investments accounted for under
the equity method. Under GAAP, if there is a difference
between the initial cost basis of the investment and the
amount of underlying equity in the net assets of the
investee, the resulting difference should be accounted for
as if the investee were a consolidated subsidiary (which
may include imputed goodwill).
There are no transition provisions for this item.
Line Item 7 LESS: Intangible assets (other than
goodwill and mortgage servicing assets (MSAs)), net
of associated DTLs.
Report all intangible assets (other than goodwill and
MSAs), included in Schedule HC-M, item 12(c), that do
HC-R-7

Schedule HC-R

not qualify for inclusion in common equity tier 1 capital
under the regulatory capital rules. Generally, all purchased credit card relationships (PCCRs), non-mortgage
servicing assets, and all other intangibles, reported in
Schedule HC-M, item 12(c), do not qualify for inclusion
in common equity tier 1 capital and should be included in
this item.

assets in Schedule HC-M, item 12(c), includes intangible
assets that were recorded on the holding company’s
balance sheet on or before February 19, 1992, the
remaining book value as of the report date of these
intangible assets may be excluded from this item.

However, if the holding company has a DTL that is
specifically related to an intangible asset (other than
goodwill and MSAs) that it chooses to net against the
intangible asset for regulatory capital purposes, the
amount of disallowed intangibles to be reported in this
item should be reduced by the amount of the associated
DTL. Furthermore, a DTL that the holding company
chooses to net against the related intangible reported that
arise from net operating loss and tax credit carryforwards, net of any related valuation allowances, and DTAs
that arise from temporary differences, net of any related
valuation allowances, for regulatory capital purposes.

(i) Calculate the amount as described in the instructions
for this item 7.

If the amount reported for other identifiable intangible

Transition provisions:

(ii) Multiply the amount in (i) by the appropriate percentage in accordance with Table 3 below. Report the
product in this line item 7.
(iii) Subtract (ii) from (i), without regard to any associated DTLs, to calculate the balance amount which
must be risk weighted during the transition period.
(iv) Multiply the amount in (iii) by 100 percent and
report the risk-weighted assets as part of ‘‘All other
assets’’ in Schedule HC-R, Part II.

Table 3—Deduction of intangible assets other than goodwill and MSAs during the transition period
Transition period

Percentage of the deductions from
common equity tier 1 capital

Calendar year 2014

20

Calendar year 2015

40

Calendar year 2016

60

Calendar year 2017

80

Calendar year 2018 and thereafter

100

For example, in calendar year 2014, a holding company
will deduct 20 percent of intangible assets (other than
goodwill and MSAs), net of associated DTLs, from
common equity tier 1 capital. The holding company must
apply a 100 percent risk weight to the asset amount that is
not deducted, without regard to any associated DTLs.
Line Item 8 LESS: Deferred tax assets (DTAs)
that arise from net operating loss and tax credit
carryforwards, net of any related valuation
allowances and net of DTLs.
HC-R-8

Report the amount of DTAs that arise from net operating
loss and tax credit carryforwards, net of associated
valuation allowances and net of associated DTLs.
Transition provisions:
(i)

Determine the amount as described in the instructions for this line item 8.

(ii)

Multiply the amount in (i) by the appropriate
percent in column A of Table 4 below. Report this
product in Schedule HC-R, item 8.
Schedule HC-R

FR Y-9C
June 2018

Schedule HC-R

(iii)

Multiply the amount in (i) by the appropriate
percent in column B of Table 4 below. Report this

product as part of Schedule HC-R, item 24, ‘‘Additional tier 1 capital deductions.’’

Table 4—Deduction of DTAs that arise from net operating loss and tax credit carry forwards net of any valuation
allowances and net of DTLs, gain-on-sale in connection with a securitization exposure, defined benefit pension
fund assets, changes in fair value of liabilities, and expected credit losses during the transition period
Column A: Percentage of the adjustment applied to common equity tier
1 capital

Column B: Percentage of the adjustment applied to additional tier
1 capital

Calendar year 2014

20

80

Calendar year 2015

40

60

Calendar year 2016

60

40

Calendar year 2017

80

20

Calendar year 2018
and thereafter

100

0

Transition period

Note for Table 4: A holding company may only take a
deduction from additional tier 1 capital up to the amount
of additional tier 1 capital before deductions, as reported
in item 23, that the holding company has. For example, if
a holding company does not have any additional tier 1
capital before deductions (i.e., the institution reports $0
in item 23), then the entire deduction amount will be
from common equity tier 1 capital. In this case, include
the deduction amount that applies to additional tier 1
capital in item 24 and also include it in item 17, ‘‘LESS:
Deductions applied to common equity tier 1 capital due
to insufficient amounts of additional tier 1 capital and
tier 2 capital to cover deductions.’’
Line Item 9 AOCI-related adjustments.
Holding companies that entered ‘‘1’’ for ‘‘Yes’’ in Schedule HC-R, Part I, item 3(a), and have not adopted FASB
Accounting Standards update No. 2016-10 (ASU 201601), which includes provisions governing the accounting
for investments in equity securities, including investment
in mutual funds, and eliminates the concept of availablefor-sale equity securities (see the Note preceding the
instructions for Schedule HC, item 2(c)) must complete
Schedule HC-R, Part, I, items 9(a) through 9(e), only.
Institutions that entered ‘‘1’’ for ‘‘Yes’’ in Schedule
HC-R, Part I, item 3(a), and have adopted ASU 2016-01
FR Y-9C
Schedule HC-R

March 2018

must complete Schedule HC-R, Part I, Items 9(a) and
9(c) through 9(e), only.
Holding companies that entered ‘‘0’’ for ‘‘No’’ in Schedule HC-R, Part I, item 3(a), must complete Schedule
HC-R, Part I, item 9(f), only.
Line Item 9(a) LESS: Net unrealized gains (losses)
on available-for-sale securities.
For holding companies that entered ‘‘1’’ for ‘‘Yes’’ in
Schedule HC-R, Part I, item 3(a), and have not adopted
ASU 2016-01, as referenced in the instructions for item
9, above. Report the amount of net unrealized gains
(losses) on available-for-sale debt and equity securities,
net of applicable income taxes, that is included in Schedule HC, item 26(b), “Accumulated other comprehensive
income.” If the amount is a net gain, report it as a positive
value in this item. If the amount is a net loss, report it as
a negative value in this item.
For such holding companies, include in this item net
unrealized gains (losses) on available-for-sale debt and
equity securities reported in Schedule HC-B, items 1
through 7, columns C and D, and on those assets not
reported in Schedule HC-B, that the holding company
accounts for like available-for-sale debt securities in
accordance with applicable accounting standards (e.g.,
HC-R-9

Schedule HC-R

negotiable certificates of deposit and nonrated industrial
development obligations).
For holding companies that entered ‘‘1’’ for ‘‘Yes’’in
Schedule HC-R, Part I, item 3(a) and have adopted ASU
2016-01, report the amount of net unrealized gains
(losses) on available-for-sale debt securities, net of applicable income taxes, that is included in Schedule HC, item
26(b), “Accumulated other comprehensive income.” If
the amount is a net gain, report it as a positive value in
this item. If the amount is a net loss, report it as a
negative value in this item.
For such institutions, include in this item net unrealized
gains (losses) on available-for-sale debt securities reported
in Schedule HC-B, items 1 through 6, columns C and D,
and on those assets not reported in Schedule HC-B, that
the bank accounts for like available-for-sale debt securities in accordance with applicable accounting standards
(e.g., negotiable certificates of deposit and nonrated
industrial development obligations).
NOTE: Schedule HC-R, Part I, item 9(b) is to be
completed only by holding companies that entered ‘‘1’’
for ‘‘Yes’’ in Schedule HC-R, Part I, item 3(a), and have
not adopted ASU 2016-10 (as referenced in the instructions for item 9, above).
Holding companies that entered ‘‘1’’ for ‘‘Yes’’ in Schedule HC-R, Part I, item 3(a), and have adopted ASU
2016-01 should leave item 9(b) blank.
Line Item 9(b) LESS: Net unrealized loss on
available-for-sale preferred stock classified as an
equity security under GAAP and available-for-sale
equity exposures.
Report as a positive value net unrealized loss on availablefor-sale preferred stock classified as an equity security
under GAAP and available-for-sale equity exposures, net
of applicable income taxes, that is included in Schedule
HC, item 26(b), ‘‘Accumulated other comprehensive
income.’’ Available-for-sale preferred stock classified as
an equity security under GAAP and available-for-sale
equity exposures are reported in Schedule HC-B, item 7,
columns C and D, and include investments in mutual
funds.
Line Item 9(c) LESS: Accumulated net gains
(losses) on cash flow hedges.
Report the amount of accumulated net gains (losses) on
cash flow hedges, net of applicable income taxes, that is
HC-R-10

included in Schedule HC, item 26(b), ‘‘Accumulated
other comprehensive income.’’ The amount reported in
item 9(c) should include gains (losses) on cash flow
hedges that are no longer effective but included in AOCI.
If the amount is a net gain, report it as a positive value in
this item. If the amount is a net loss, report it as a
negative value in this item.
Line Item 9(d) LESS: Amounts recorded in AOCI
attributed to defined benefit postretirement plans
resulting from the initial and subsequent application
of the relevant GAAP standards that pertain to
such plans.
Report the amounts recorded in AOCI net of applicable
taxes, and included in Schedule HC, item 26(b), ‘‘Accumulated other comprehensive income,’’ resulting from
the initial and subsequent application of ASC Subtopic
715-20 (formerly FASB Statement No. 158, ‘‘Employers’ Accounting for Defined Benefit Pension and Other
Postretirement Plans’’) to defined benefit postretirement
plans (a holding company may exclude the portion
relating to pension assets deducted in Schedule HC-R,
item 10(b)). If the amount is a net gain, report it as a
positive value in this item. If the amount is a net loss,
report it as a negative value in this item.
Line Item 9(e) LESS: Net unrealized gains (losses)
on held-to-maturity securities that are included in
AOCI.
Report the amount of net unrealized gains (losses) on
held-to-maturity securities that is not credit-related, net
of applicable taxes and is included in AOCI as reported in
Schedule HC, item 26(b), ‘‘Accumulated other comprehensive income.’’ If the amount is a net gain, report it as a
positive value. If the amount is a net loss, report it as a
negative value.
Include (i) the unamortized balance of the unrealized
gain (loss) that existed at the date of transfer of a debt
security transferred into the held-to-maturity category
from the available-for-sale category, net of applicable
taxes and (ii) the unaccreted portion of other-thantemporary impairment losses on available-for-sale and
held-to-maturity debt securities that was not recognized
in earnings in accordance with ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB
Statement No. 115, ‘‘Accounting for Certain Investments
in Debt and Equity Securities’’), net of applicable taxes.
Schedule HC-R

FR Y-9C
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Schedule HC-R

Line Item 9(f)—to be completed only by holding
companies that entered ‘‘0’’ for ‘‘No’’ in Schedule
HC-R, Part I, item 3(a):
LESS: Accumulated net gain (loss) on cash flow
hedges included in AOCI, net of applicable income
taxes, that relate to the hedging of items that are not
recognized at fair value on the balance sheet.

connection with the securitization or reporting of a
mortgage servicing asset on Schedule HC).

Report the amount of accumulated net gain (loss) on cash
flow hedges included in AOCI, net of applicable income
taxes, that relate to the hedging of items that are not
recognized at fair value on the balance sheet. If the
amount is a net gain, report it as a positive value. If the
amount is a net loss, report it as a negative value.

A holding company should include for deduction in item
10(b) any defined benefit pension fund assets, net of any
associated DTLs. With the prior approval of the Federal
Reserve, this deduction is not required for any defined
benefit pension fund net asset to the extent the holdingcompany has unrestricted and unfettered access to the
assets in that fund. For an insured depository institution,
no deduction is required.

Line Item 10 Other deductions from (additions to)
common equity tier 1 capital before threshold-based
deductions:
Line Item 10(a) LESS: Unrealized net gain (loss)
related to changes in the fair value of liabilities that
are due to changes in own credit risk.
Report the amount of unrealized net gain (loss) related to
changes in the fair value of liabilities that are due to
changes in the holding company’s own credit risk. If the
amount is a net gain, report it as a positive value in this
item. If the amount is a net loss, report it as a negative
value in this item.
Advanced approaches holding companies only: include
the credit spread premium over the risk free rate for
derivatives that are liabilities.
Transition provisions: Follow the transition provisions
in Schedule HC-R, item 8.
Line Item 10(b) LESS: All other deductions from
(additions to) common equity tier 1 capital before
threshold-based deductions.
Report the amount of other deductions from (additions
to) common equity tier 1 capital that are not included in
Schedule HC-R, items 1 through 9, as described below.
(1) After-tax gain-on-sale in connection with a securitization exposure.
Include any after-tax gain-on-sale in connection with a
securitization exposure. Gain-on-sale means an increase
in the equity capital of a holding company resulting from
a securitization (other than an increase in equity capital
resulting from the holding company’s receipt of cash in
FR Y-9C
Schedule HC-R

March 2018

Transition provisions: Follow the transition provisions
in Schedule HC-R, item 8.
(2) Defined benefit pension fund assets, net of associated DTLs.

A holding company must risk weight any portion of the
defined benefit pension fund asset that is not deducted as
if the holding company directly holds a proportional
ownership share of each exposure in the defined benefit
pension fund.
Transition provisions: Follow the transition provisions
in Schedule HC-R, item 8.
(3) Investments in the holding company’s own shares
to the extent not excluded as part of treasury stock.
Include the holding company’s investments in (including
any contractual obligation to purchase) its own common
stock instruments, including direct, indirect, and synthetic exposures to such capital instruments (as defined in
the revised regulatory capital rules), to the extent such
capital instruments are not excluded as part of treasury
stock, reported in Schedule HC-R, item 1.
If a holding company already deducts its investment in its
own shares (for example, treasury stock) from its common equity tier 1 capital elements, it does not need to
make such deduction twice.
A holding company may deduct gross long positions net
of short positions in the same underlying instrument only
if the short positions involve no counterparty credit risk
and all other criteria in section 22(h) of the revised
regulatory capital rules are met.
The holding company must look through any holdings of
index securities to deduct investments in its own capital
instruments.
In addition:
HC-R-11

Schedule HC-R

(i)

(ii)

Gross long positions in investments in a
holding company’s own regulatory capital
instruments resulting from holdings of index
securities may be netted against short positions in the same underlying index;
Short positions in index securities to hedge
long cash or synthetic positions may be
decomposed to recognize the hedge; and

(iii) The portion of the index composed of the
same underlying exposure that is being
hedged may be used to offset the long
position only if both the exposure being
hedged and the short position in the index
are covered positions under the market risk
rule, and the hedge is deemed effective by
the holding company’s internal control processes which would have been assessed by
the Federal Reserve.
Transition provisions: Apply the appropriate percentage
for deductions related to investments in capital instruments in Table 5 in the instructions for Schedule HC-R,
Part I, item 11.
(4) Reciprocal cross-holdings in the capital of financial institutions in the form of common stock.
Include investments in the capital of other financial
institutions (in the form of common stock) that the
holding company holds reciprocally (this is the corresponding deduction approach). Such reciprocal crossholdings may result from a formal or informal arrangement to swap, exchange, or otherwise intend to hold each
other’s capital instruments.
Transition provisions: Apply the appropriate percentage
for deductions related to investments in capital instruments in Table 5 in the instructions for Schedule HC-R,
Part I, item 11.
(5) Advanced approaches holding companies only
that exit parallel run.7
7. An advanced approaches holding company that exit the parallel run

HC-R-12

Include the amount of expected credit loss that exceeds
the holding company’s eligible credit reserves.
Transition provisions: Follow the transition provisions
in Schedule HC-R, item 8.

Line Item 11 LESS: Non-significant investments in
the capital of unconsolidated financial institutions in
the form of common stock that exceed the 10
percent threshold for non-significant investments.
A holding company has a non-significant investment in
the capital of an unconsolidated financial institution if it
owns 10 percent or less of the issued and outstanding
common shares of that institution.
Report the amount of non-significant investments in the
capital of unconsolidated financial institutions in the
form of common stock that, in the aggregate, exceed the
10 percent threshold for non-significant investments,
calculated as described below. The holding company
may apply associated DTLs to this deduction.
Example and a worksheet calculation:
Assumptions:
• A holding company has a total of $200 in nonsignificant investments in the capital of unconsolidated
financial institutions, of which $100 is in common
shares. For this example, all of the $100 in common
shares is in the common stock of a publicly traded
financial institution.
• The amount reported on Schedule HC-R, item 5 (common equity tier 1 capital before adjustments and deductions (sum of items 1 through 4)), is $1,000.
• Assume the amounts reported in Schedule HC-R, items
6 through 9(f), are all $0.

is an advanced approaches holding company that has completed the
parallel run process and received notification from the Federal Reserve
pursuant to section 121(d) of subpart E of the revised regulatory capital rules.

Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

(1)

Determine the aggregate amount of non-significant investments in the
capital of unconsolidated financial institutions (including in the form of
common stock, additional tier 1, and tier 2 capital).

$200

(2)

Determine the amount of non-significant investments in the capital of unconsolidated financial institutions in the form of common stock.

$100

(3)

Subtract from Schedule HC-R, item 5, the amounts in Schedule HC-R, items
6, 7, 8, 9, and 10.

$1,000 - $0 = $1,000

(4)

Multiply the amount in step (3) by 10%. This is ‘‘the 10 percent threshold for
non-significant investments.’’

$1,000 x 10%= $100

(5)

If (1) is greater than (4), subtract (4) from (1) and multiply the result by the
ratio of (2) divided by (1). Report this amount in this Schedule HC-R, item
11.

Line (1) is greater than line
(4); therefore $200 - $100 =
$100. Then ($100 x 100/200)
= $50. Report $50 in this line
item 11.

If (1) is less than (4), enter zero in this item 11.
(6)

Assign the applicable risk weight to the amount of non-significant investments in the capital of unconsolidated financial institutions that does not
exceed the 10 percent threshold for non-significant investments.

Of the $100 in common
shares, $50 are deducted in
this line item 11. The remaining $50 needs to be included
in risk-weighted assets in
Schedule HC-R, Part II.*

* In this case, $50 x 300% risk weight for publicly traded common shares = $150 in risk-weighted assets for the portion
of common shares in an unconsolidated financial institution that are not deducted. Include this amount in Schedule
HC-R, Part II, risk-weighted assets, ‘‘All other assets’’ item.

Transition provisions for investments in capital instruments:
(i)

Calculate the amount as described in the instructions
for this line item 11.

(ii)

For Advanced approaches holding companies, multiply the amount in (i) by the appropriate percent in

FR Y-9C
Schedule HC-R

March 2018

Table 5 below. For non-advanced approaches holding companies, multiply the amount in (i) by 80
percent. For all holding companies, report this
product in this item 11.
(iii)

Subtract (ii) from (i); assign it the applicable risk
weight; and report it in Schedule HC-R, Part II, as
part of risk-weighted assets.

HC-R-13

Schedule HC-R

Table 5—Deductions related to investments in capital instruments during the transition period
Transition period

Transition deductions - percentage of the deductions
from common equity tier 1 capital

Calendar year 2014

20

Calendar year 2015

40

Calendar year 2016

60

Calendar year 2017

80

Calendar year 2018 and thereafter

100

Line Item 12 Subtotal.
Report the amount in Schedule HC-R, item 5, less the
amounts in Schedule HC-R, items 6 through 11.
This subtotal will be used in Schedule HC-R, items 13
through 16, to calculate the amounts of items subject to
the 10 and 15 percent common equity tier 1 capital
threshold deductions (threshold items):
• Significant investments in the capital of unconsolidated
financial institutions in the form of common stock, net
of DTLs,
• MSAs, net of associated DTLs; and
• DTAs arising from temporary differences that could
not be realized through net operating loss carrybacks,
net of related valuation allowances and net of DTLs.
Line Item 13 LESS: Significant investments in the
capital of unconsolidated financial institutions in the
form of common stock, net of associated DTLs, that
exceed the 10 percent common equity tier 1 capital
deduction threshold.
A holding company has a significant investment in the
capital of an unconsolidated financial institution when it
owns more than 10 percent of the issued and outstanding
common shares of that institution.
Report the amount of significant investments in the
capital of unconsolidated financial institutions in the
form of common stock, net of associated DTLS, that
HC-R-14

exceed the 10 percent common equity tier 1 capital
deduction threshold, calculated as follows:
(1) Determine the amount of significant investments in
the capital of unconsolidated financial institutions in
the form of common stock, net of associated DTLs.
(2) If the amount in (1) is greater than 10 percent of the
amount of Schedule HC-R, item 12, report the difference as this item 13.
(3) If the amount in (2) is less than 10 percent of
Schedule HC-R, item 12, report zero.
If the holding company included embedded goodwill in
Schedule HC-R, item 6, to avoid double counting, the
holding company may net such embedded goodwill
already deducted against the exposure amount of the
significant investment. For example, if a holding company has deducted $10 of goodwill embedded in a $100
significant investment in the capital of an unconsolidated
financial institution in the form of common stock, the
holding company would be allowed to net such embedded goodwill against the exposure amount of such significant investment (that is, the value of the investment is
$90 for purposes of the calculation of the amount that
would be subject to deduction).
Transition provisions for items subject to the threshold
deductions:
(i)

Calculate the amount as described in the instructions for this line item 13.

(ii)

For advanced approaches institutions, multiply the
amount in (i) by the appropriate percent in Table 6
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

below. For non-advanced approaches holding companies, multiply the amount in (i) by 80 percent.
For all holding companies, report this product as
this item amount. In addition:
(iii)

For all holding companies, for report dates until
January 1, 2018: Subtract the amount in (ii) from
the amount in (i); assign it a 100 percent risk
weight in accordance with transition provisions in
section 300 of the revised regulatory capital rules,
and report it in Schedule HC-R, Part II, item 2(b),
7, or 8 as appropriate.

(iv)

For report dates after January 1, 2018: For
advanced approaches holding companies, apply a
250 percent risk-weight to the aggregate amount of
the items subject to the 10 and 15 percent common
equity tier 1 capital deduction thresholds that are
not deducted from common equity tier 1 capital,
without regard to any associated DTLs. For nonadvanced approaches institutions continue to apply
a 100 percent risk weight to these items. Report
this amount in Schedule HC-R, Part II, item 2(b),
7, or 8, as appropriate.

Table 6—Transition provisions for items subject to the threshold deductions
Calendar year

Percentage of the deduction

2014

20

2015

40

2016

60

2017

80

2018 and thereafter

100

Line Item 14 LESS: MSAs, net of associated
DTLs, that exceed the 10 percent common equity
tier 1 capital deduction threshold.

holding companies, apply 80 percent of the deduction
and a 100 percent risk weight to the portion of items not
deducted).

Report the amount of MSAs included in Schedule HC-M,
item 12(a), net of associated DTLs, that exceed the 10
percent common equity tier 1 capital deduction threshold
as follows:

Line Item 15 LESS: DTAs arising from temporary
differences that could not be realized through net
operating loss carrybacks, net of related valuation
allowances and net of DTLs, that exceed the 10
percent common equity tier 1 capital deduction
threshold.

(1) Take the amount of MSAs as reported in Schedule
HC-M, item 12(a), net of associated DTLs.
(2) If the amount in (1) is higher than 10 percent of
Schedule HC-R, item 12, report the difference in this
item 14.
(3) If the amount in (1) is lower than 10 percent of
Schedule HC-R, item 12, enter zero.
Transition provisions: Follow the transition provisions
in Schedule HC-R, Part I, item 13 (that is, for advanced
approaches holding companies, use table 6 in Schedule
HC-R, Part I, item 13; for non-advanced approaches
FR Y-9C
Schedule HC-R

March 2018

(1) Report the amount of DTAs arising from temporary
differences that the holding company could not realize through net operating loss carrybacks net of any
related valuation allowances and net of associated
DTLs (for example, DTAs resulting from the holding
company’s ALLL).
(2) If the amount in (1) is higher than 10 percent of
Schedule HC-R, item 12, report the difference in this
item 15.
(3) If the amount in (1) is lower than 10 percent of
Schedule HC-R, item 12, enter zero.
HC-R-15

Schedule HC-R

DTAs arising from temporary differences that could be
realized through net operating loss carrybacks are not
subject to deduction, and instead must be assigned a 100
percent risk weight.
Transition provisions: Follow the transition provisions
in Schedule HC-R, Part I, item 13 (that is, for advanced
approaches holding companies, use table 6 in Schedule
HC-R, Part I, item 13; for non-advanced approaches
holding companies, apply 80 percent of the deduction
and a 100 percent risk weight to the portion of items not
deducted).
Line Item 16 LESS: Amount of significant
investments in the capital of unconsolidated
financial institutions in the form of common stock,
net of associated DTLs; MSAs, net of associated
DTLs; and DTAs arising from temporary
differences that could not be realized through net
operating loss carrybacks, net of related valuation
allowances and net of DTLs; that exceeds the 15
percent common equity tier 1 capital deduction
threshold.
The aggregate amount of the threshold items (that is,
significant investments in the capital of unconsolidated
financial institutions in the form of common stock, net of
associated DTLs; MSAs, net of associated DTLs; and
DTAs arising from temporary differences that could not
be realized through net operating loss carrybacks, net of
related valuation allowances and net of DTLs) may not
exceed 15 percent of the holding company’s common
equity tier 1 capital, net of applicable adjustments and
deductions (the 15 percent common equity tier 1 capital
deduction threshold).
Transition provisions:
a. For advanced approaches holding companies for
report dates until January 1, 2018 and for nonadvanced approaches institutions for report dates
both before and after January 1, 2018, calculate item
16 as follows:

• MSAs, net of associated DTLs (Schedule HC-R,
item 14, step 1); and
• DTAs arising from temporary differences that could
not be realized through net operating loss carrybacks, net of any related valuation allowance and
net of DTLs (Schedule HC-R, item 15, step 1).
(ii) Multiply the amount in Schedule HC-R, item 12
(Subtotal) by 15 percent. This is the 15 percent
common equity deduction threshold for transition
purposes.
(iii) Sum up the amounts that would have been reported
in Schedule HC-R, items 13, 14, and 15 that would
be (prior to applying the transition provision that is
as if the 10% common equity tier 1 capital deduction
threshold for those items were fully phased in).
(iv) Deduct (iii) from (i).
(v) Deduct (ii) from (iv). If this amount is negative, enter
zero.
(vi) For advanced approaches holding companies, multiply the amount in (v) by the percentage in Table 6, in
Schedule HC-R, item 13. For non-advanced
approaches holding companies multiply the amount
in (v) by 80 percent. For all institutions report the
resulting amount in this item 16.
Example and a worksheet calculation for non-advanced
approaches holding companies:
Assume the following balance sheet amounts prior to
deduction of these items:
o Common equity tier 1 capital subtotal amount
reported in Schedule HC-R, item 12 = $100
o Significant investments in the common shares of
unconsolidated financial institutions net of associated DTLs = $15
o MSAs, net of associated DTLs = $7

(i) Calculate the aggregate amount of the threshold items
before deductions:

o DTAs arising from temporary differences that could
not be realized through net operating loss carrybacks
net of any related valuation allowance and net of
DTLs = $6

• Significant investments in the capital of unconsolidated financial institutions in the form of common
stock, net of associated DTLs (Schedule HC-R,
item 13, step 1);

o Amount of each item that exceeds the 10% common
equity tier 1 capital deduction threshold (as if the
amounts subject to the 10% limit were fully phased
in):

HC-R-16

Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

• Significant investments in the common shares of
unconsolidated financial institutions net of associated DTLs = $5 (amount that would have been
reported in Schedule HC-R, item 13, if the amount
were fully phased in)
• MSAs net of associated DTLs = $0 (amount that
would have been reported in Schedule HC-R, item
14, if the amount were fully phased in)
• DTAs arising from temporary differences that
could not be realized through net operating loss
carrybacks, net of any related valuation allowances and net of DTLs = $0 (amount that would
have been reported in Schedule HC-R, item 15, if
the amount were fully phased in).
Calculation steps:
(i) Sum of the significant investments in the common
shares of unconsolidated financial institutions,
MSAs, and DTAs (all net of associated DTLs)
before deductions: $15 + $7 + $6 = $28
(ii) 15% of the amount from Schedule HC-R, item 12:
15% x $100 = $15
(iii) Sum of the amounts that would have been reported
in Schedule HC-R, items 13, 14, and 15 if the
amounts subject to the 10% common equity tier 1
capital deduction threshold were fully phased in:
$5
(iv) Deduct the amount in step (iii) from the amount in
step (i): $28 - $5 = $23 (This is the amount of

(1)

these three items that remains after the 10%
deductions are taken.)
(v) Deduct the amount in step (ii) from the amount in
step (iv): $23 - $15 = $8 (This is an additional
deduction that must be taken.)
(vi) Multiply the amount in step (v) by 80%: $8 x 80%
= $6.40. Report $6.40 in this item 16.
b. For advanced approaches holding companies only
for report dates after January 1, 2018, calculate this item
16 as follows:
Example and a worksheet calculation for advanced
approaches institutions:
Assumptions:
• The amount reported in Schedule HC-R, item 12 is
$130 (This amount is common equity tier 1 after all
deductions and adjustments, except for deduction of
the threshold items).
• Assume that the associated DTLs are zero; also assume
the following balance sheet amounts prior to deduction
of these items:
o Significant investments in the common shares of
unconsolidated financial institutions net of associated DTLs = $10.
o MSAs net of associated DTLs = $20
o DTAs arising from temporary differences that could
not be realized through net operating loss carrybacks
net of any related valuation allowances and net of
DTLs = $30.

Aggregate amount of threshold items before deductions Enter the sum of:
a.

Significant investments in the capital of unconsolidated financial institutions in the
form of common stock, net of associated DTLs (Schedule HC-R, item 13, step 1);

b. MSAs net of associated DTLs (Schedule HC-R, item 14, step 1); and

$20

c.

$30

DTAs arising from temporary differences that could not be realized through net
operating loss carrybacks, net of any related valuation allowance and net of DTLs
(Schedule HC-R, item 15, step 1).

d. Total of a, b, and c:
(2)

$10

$60

The 10 percent common equity tier 1 capital deduction threshold
Multiply the amount reported in Schedule HC-R, item 12 by 10 percent.

FR Y-9C
Schedule HC-R

March 2018

$130*10% = $13

HC-R-17

Schedule HC-R

(3)

Amount of threshold items deducted as a result of the 10 percent common equity tier
1 capital deduction threshold
a.

(4)

$0

Significant investments in the capital of unconsolidated financial institutions in the
form of common stock net of associated DTLs (as reported in Schedule HC-R, item
13)

b. MSAs net of associated DTLs (as reported in Schedule HC-R, item 14)

$20 - $13 = $7

c.

$30 - $13 = $17

DTAs arising from temporary differences that could not be realized through net
operating loss carrybacks, net of related valuation allowances and net of DTLs (as
reported in Schedule HC-R, item 15)

Sum of threshold items not deducted as a result of the 10 percent common equity tier
1 capital deduction threshold

Enter the sum of:
a.

$10

Significant investments in the capital of unconsolidated financial institutions in the
form of common stock net of associated DTLs that are not deducted (that is, the
difference between the amount in step (1)(a) of this table and step 3(a) of this table)

b. MSAs that are not deducted (that is, the difference between the amount in step (1)(b)
of this table and step 3(b) of this table)

$20-$7 = $13

c.

$30 - $17 = $13

DTAs arising from temporary differences that could not be realized through net
operating loss carrybacks, net of related valuation allowances and net of DTLs that are
not deducted (that is, the difference between the amount in step (1)(c) of this table and
step (3)(c) of this table)

d. Total of a, b, and c
(5)

$10 + $13 + $13
= $36

The 15 percent common equity tier 1 capital deduction threshold
Calculate as follows:
($130 - $60) x
17.65%=$12.36
Rounds to $12

a.

Substract the amount calculated in step (1)(d) of this table from Schedule HC-R,
item 12.
b. Multiply the resulting amount by 17.65%
(6)

Amount of threshold items that exceed the 15 percent common equity tier 1 capital
deduction threshold

Report as follows:
a.

If the amount in step (4)(d) is greater than the amount in step (5), then subtract (5)
from (4)(d) and report this number in Schedule HC-R, item 16. (In addition, the
holding company must risk-weight the items that are not deducted at 250 percent in
the risk-weighted asset section of this form.)
b. If the amount in step (4)(d) is less than the amount in step (5), report zero in Schedule
HC-R, item 16.

The amount in
step 4(d) ($36) is
greater than the
amount in step 5
($12).

Therefore:
$36 - $12 = $24

HC-R-18

Schedule HC-R

FR Y-9C
June 2015

Schedule HC-R

(7)

Advanced approaches institutions only need to complete this calculation: if the amount in
step (6) is above zero, then pro-rate the threshold items’ deductions as follows:
a.

Significant investments in the capital of unconsolidated financial institutions in the
form of common stock: multiply (6)(a) by the ratio of (1)(a) over (1)(d).
b. MSAs net of associated DTAs: multiply (6)(a) by the ratio of (1)(b) over (1)(d).
c. DTAs arising from temporary differences that could not be realized through net
operating loss carrybacks: multiply (6)(a) by the ratio of (1)(c) over (1)(d).

a. $12 x (10/60)

= $2
b. $12 x (20/60)
= $4
c. $12 x (30/60)
= $6.

Line Item 17 LESS: Deductions applied to
common equity tier 1 capital due to insufficient
amounts of additional tier 1 capital and tier 2
capital to cover deductions.

Additional tier 1 capital

Report the total amount of deductions related to investments in own additional tier 1 and tier 2 capital instruments, reciprocal cross holdings, non-significant investments in the capital of unconsolidated financial
institutions, and non-common stock significant investments in the capital of unconsolidated financial institutions if the holding company does not have a sufficient
amount of additional tier 1 capital before deductions
(reported in item 23) and tier 2 capital before deductions
(reported in item 32.a) to absorb these deductions in
Schedule HC-R, items 24 or 33, as appropriate. Similarly,
holding companies should report the total amount of any
deductions to be made during the transition period pursuant to section 300(b) of the revised regulatory capital
rules if the reporting institution does not have a sufficient
amount of additional tier 1 capital before deductions or
tier 2 capital before deductions to absorb these deductions.

Report the portion of noncumulative perpetual preferred
stock and related surplus included in Schedule HC, item
23, and any other capital instrument and related surplus
that satisfy all the additional tier 1 criteria in section
20(c) of the revised regulatory capital rules of the Federal
Reserve.

Line Item 18 Total adjustments and deductions for
common equity tier 1 capital.
Report the sum of Schedule HC-R, items 13 through 17.

Line Item 20 Additional tier 1 capital instruments
plus related surplus.

Include instruments that were (i) issued under the Small
Business Jobs Act of 2010, or, prior to October 4, 2010,
under the Emergency Economic Stabilization Act of
2008 and (ii) were included in the tier 1 capital under the
Federal Reserve’s general risk-based capital rules (12
CFR part 225, appendix A, and, if applicable, appendix
E) (for example, tier 1 instruments issued under the
TARP program that are grandfathered permanently).
Also include additional tier 1 capital instruments issued
as part of an ESOP, provided that the repurchase of such
instruments is required solely by virtue of ERISA for a
banking organization that is not publicly-traded.
a. Depository institution holding companies with total
consolidated assets of less than $15 billion as of
December 31, 2009 and holding companies that were
mutual holding companies as of May 19, 2010 (2010
MHCs) only:

Line Item 19 Common equity tier 1 capital.
Report Schedule HC-R, item 12 less item 18. The amount
reported in this item is the numerator of the holding
company’s common equity tier 1 risk-based capital ratio.
FR Y-9C
Schedule HC-R

June 2015

Depository institution holding companies with total consolidated assets of less than $15 billion as of December
31, 2009 and holding companies that were mutual holding companies prior to May 19, 2010, (2010 MHCs) may
HC-R-19

Schedule HC-R

include non-qualifying capital instruments (e.g., TruPS
and cumulative perpetual preferred stock) issued prior to
May 19, 2010, in additional tier 1 or tier 2 capital if the
instrument will be included in tier 1 or tier 2 capital,
respectively, as of January 1, 2014. Such non-qualifying
capital instruments includable in tier 1 capital are subject
to a limit of 25 percent of tier 1 capital elements,
excluding any non-qualifying capital instruments and
after all regulatory capital deductions and adjustments
have been applied to tier 1 capital.
Line Item 21 Non-qualifying capital instruments
subject to phase out from additional tier 1 capital.
Starting on January 1, 2014, for the case of advanced
approaches holding companies and on January 1, 2015,
for non-advanced holding companies, report the total
amount of non-qualifying capital instruments that were
included in tier 1 capital and outstanding as of January 1,
2014, as follows:
a. Depository institution holding companies8 with
total consolidated assets of less than $15 billion as of
December 31, 2009 and 2010 MHCs:
This line item is generally not applicable to nonqualifying capital instruments issued by depository institution holding companies with total consolidated assets
of less than $15 billion and 2010 MHCs prior to May 19,
2010, because these institutions may include nonqualifying regulatory capital instruments in additional
tier 1 capital as described in Schedule HC-R, item 20.
Non-qualifying capital instruments that are not included
in additional tier 1 capital as a result of the 25 percent
limit, described in section 300(c)(3)(ii) of the revised
regulatory capital rules, may be included in tier 2 capital
in item 27.
b. Depository institution holding companies with total
consolidated assets of $15 billion or more as of December 31, 2009 that are not 2010 MHCs:
8. Depository institution holding company means a bank holding company or savings and loan holding company.

HC-R-20

Depository institution holding companies with total consolidated assets of $15 billion or more as of December 31, 2009, that are not 2010 MHCs must phase out
non-qualifying capital instruments (that is, debt or equity
instruments that do not meet the criteria for additional
tier 1 or tier 2 capital instruments in section 20 of the
revised regulatory capital rules, but that were issued and
included in tier 1 or tier 2 capital, respectively, prior to
May 19, 2010) as set forth in Table 7, starting on January
1, 2014, for an advanced approaches holding company
that is not an SLHC and starting January 1, 2015, for a
non-advanced approaches holding company.
If non-advanced approaches holding companies have
non-qualifying capital instruments that are excluded from
tier 1 capital, such non-qualifying capital instruments can
be included in tier 2 capital, without limitation, provided
the instruments meet the criteria for tier 2 capital set forth
in section 20(d) of the revised regulatory capital rules.
For the case of advanced approaches holding companies,
non-qualifying capital instruments that are phased out of
tier 1 capital under Table 7 are fully includable in tier 2
capital until December 31, 2015. From January 1, 2016,
until December 31, 2021, these holding companies are
required to phase out such non-qualifying capital instruments from tier 2 capital in accordance with the percentage in Table 8, in line item 28.
Transition provisions for non-qualifying capital instruments includable in additional tier 1 or tier 2 capital:
Table 7 applies separately to additional tier 1 and tier 2
non-qualifying capital instruments. For example, an
advanced approaches holding company may include up
to 50 percent of non-qualifying capital instruments in
additional tier 1 capital during calendar year 2014 but it
cannot include any such instruments in additional tier 1
capital starting in calendar year 2016.
If the institution is involved in a merger or acquisition, it
should treat its non-qualifying capital instruments following the requirements in section 300 of the Federal
Reserve’s revised regulatory capital rules.

Schedule HC-R

FR Y-9C
March 2016

Schedule HC-R

Table 7—Percentage of non-qualifying capital instruments includable in additional tier 1 or tier 2 capital during
the transition period

Transition period

Percentage of non-qualifying capital instruments includable in
additional tier 1 or tier 2 capital for a depository institution
holding company of $15 billion or more

Calendar year 2014

50

Calendar year 2015

25

Calendar year 2016
and thereafter

0

Line Item 22 Tier 1 minority interest not
included in common equity tier 1 capital.
Report the amount of tier 1 minority interest not included
in common equity tier 1 capital that is includable at the
consolidated level, as described below.
For each consolidated subsidiary, perform the calculations in steps (1) through (10) of the worksheet below.
Sum up the results from step 10 for each consolidated
subsidiary and report the aggregate number in this
item 22 .
For tier 1 minority interest, there is no requirement that
the subsidiary be a depository institution or a foreign
bank. However, the instrument that gives rise to tier 1
minority interest must meet all the criteria for either
common equity tier 1 capital or additional tier 1 capital
instrument.
Example and a worksheet calculation: calculate tier 1
minority interest not included in common equity tier 1
capital includable at the holding company level as follows:
Assumptions:
• This is a continuation of the example used for common
equity tier 1 minority interest from Schedule HC-R,
item 4.

FR Y-9C
Schedule HC-R

June 2015

• For this example, assume that risk-weighted assets of
the subsidiary are the same as the risk-weighted assets
of the holding company that relate to the subsidiary
$1,000 in each case.
• Subsidiary’s tier 1 capital: $110, which is composed of
subsidiary’s common equity tier 1 capital of $80 and
additional tier 1 capital of $30.
• Subsidiary’s common equity tier 1 owned by minority
shareholders: $24.
• Subsidiary’s additional tier 1 capital owned by minority shareholders: $15.
• Other relevant numbers are taken from the example in
Schedule HC-R, item 4.
Note: As indicated, this example built onto the example
under the instructions for item 4, where the subsidiary
was a depository institution, and where its common
equity tier 1 minority interest was includable in common
equity tier 1 capital. However, if this were a subsidiary
other than a depository institution, none of its minority
interest arising from common equity tier 1 would have
been includable in common equity tier 1 capital. If the
subsidiary in the example were not a depository institution, the full calculated amount of minority interest
($30.14) would be includable in additional tier 1 capital
of the reporting holding company since none of it would
have been includable in common equity tier 1 capital.

HC-R-21

Schedule HC-R

(1)

Determine the risk-weighted assets of the subsidiary.

$1,000

(2)

Using the standarized approach, determine the risk-weighted assets of the reporting institution that relate to the subsidiary. Note that the amount in this step (2) may differ from the
amount in step (1) due to intercompany transactions and eliminations in consolidation.

$1,000

(3)

Multiply the lower of (1) or (2) by 8.5%.9

$1,000 x 8.5

= $85
(4)

Determine the dollar amount of tier 1 capital for the subsidiary. If this amount is less than
step (3), enter the sum of common equity tier 1 and additional tier 1 minority interest ($39
in this example) in step (9). Otherwise continue on to step (5).

$110

(5)

Subtract the amount in step (3) from the amount in step (4). This is the ‘‘surplus tier 1
capital of the subsidiary.’’

$110 - $85 = $25

(6)

Determine the percent of the subsidiary’s qualifying tier 1 capital instruments that are
owned by third parties (the minority shareholders).

$24 + 15 = $39.
Then $39/$110 =
35.45

(7)

Multiply the percentage from step (6) by the dollar amount in step (5). This is the ‘‘surplus
tier 1 minority interest of the subsidiary.’’

35.45

(8)

Determine the total amount of tier 1 minority interest of the subsidiary. Then subtract the
surplus tier 1 minority interest of the subsidiary (step 7) from this amount.

$24 + $15 = $39.
Then $39 - $8.86
= $30.14

(9)

The ‘‘tier 1 minority interest includable at the holding company level’’ is the amount from
step (8) (or from step (4) when there is no surplus tier 1 minority interest of the subsidiary).

$30.14

Subtract any minority interest that is included in common equity tier 1 capital (from
Schedule HC-R, item 4). The result is the minority interest included in additional tier 1
capital.

$30.14 - $21
(from example in
item 4) = $9.14.

(10)

x $25 = $8.86

9. The percentage multiplier in step (3) is the capital ratio necessary for the subsidiary to avoid restrictions on distributions and discretionary bonus
payments. Advanced approaches holding companies must adjust this percentage to account for all applicable buffers.

Transition provisions: If a holding company has nonqualifying minority interest and/or surplus minority interest, it will report the amount includable in additional
tier 1 capital in this item 22. For surplus minority interest
and non-qualifying minority interest that can be included
in additional tier 1 capital during the transition period,
follow the transition provisions in Schedule HC-R, item
4 after taking into consideration (that is, excluding) any
HC-R-22

amount of surplus common equity tier 1 minority interest
(see step 7 of the worksheet in item 4). In the example
(and assuming no outstanding amounts of non-qualifying
minority interest), the institution has $5.86 of surplus
tier 1 minority interest available to be included during the
transition period in additional tier 1 capital ($8.86 (from
step 7 of the worksheet in item 22) of surplus tier 1

Schedule HC-R

FR Y-9C
June 2015

Schedule HC-R

minority interest minus $3.00 (from step 7 of the worksheet in item 4) of common equity tier 1 minority
interest). In 2015, the institution would include an additional $3.52 in item 22 (60% of $5.86). Starting in 2018,
if the holding company is an advanced approaches
holding company, it would not include any surplus
minority interest in regulatory capital. Starting in 2018, a
non-advanced approaches holding company would
include the amount of surplus minority interest included
in 2017 (20% of $5.86 or $1.17) in regulatory capital.
Line Item 23 Additional tier 1 capital before
deductions.
Report the sum of Schedule HC-R, Part, I, items 20, 21,
and 22.
Line Item 24 LESS: Additional tier 1 capital
deductions.
Report additional tier 1 capital deductions as the sum of
the following elements:
Note that a holding company should report additional tier
1 capital deductions in item 24 irrespective of the amount
of additional tier 1 capital before deductions reported in
item 23. If a holding company does not have a sufficient
amount of additional tier 1 capital before deductions in
item 23 to absorb these deductions, then the holding
company must deduct the shortfall from common equity
tier 1 capital in (Schedule HC-R, item 17). For example,
if a holding company reports $0 of ‘‘Additional tier 1
capital before deductions in item 23 and has $100 of
additional tier 1 capital deductions, the holding company
would report $100 in item 24, and add $100 to the
amount to be reported in item 17 and report $0 in item 25,
‘‘Additional tier 1 capital.’’
(1) Investments in own additional tier 1 capital instruments:
Report the holding company’s investments in (including
any contractual obligation to purchase) its own additional
tier 1 capital instruments, whether held directly or indirectly.
A holding company may deduct gross long positions net
of short positions in the same underlying instrument only
if the short positions involve no counterparty risk.
The holding company must look through any holdings of
index securities to deduct investments in its own capital
instruments. In addition:
FR Y-9C
Schedule HC-R

March 2018

(i)

Gross long positions in investments in a holding
company’s own regulatory capital instrumentsresulting from holdings of index securities may be
netted against short positions in the same index;

(ii) Short positions in index securities that are hedging long cash or synthetic positions can be decomposed to recognize the hedge; and
(iii) The portion of the index that is composed of the
same underlying exposure that is being hedged
may be used to offset the long position if both the
exposure being hedged and the short position in
the index are covered positions under the market
risk capital rule, and the hedge is deemed effective by the holding company’s internal control
processes.
Transition provisions: Apply the appropriate percentage
for deductions related to investments in capital instruments in Table 5 in the instructions of Schedule HC-R,
Part I, item 11.
(2) Reciprocal cross-holdings in the capital of financial institutions.
Include investments in the additional tier 1 capital instruments of other financial institutions that the holding
company holds reciprocally, where such reciprocal crossholdings result from a formal or informal arrangement to
swap, exchange, or otherwise intend to hold each other’s
capital instruments. If the holding company does not
have a sufficient amount of a specific component of
capital to effect the required deduction, the shortfall must
be deducted from the next higher (that is, more subordinated) component of regulatory capital.
For example, if a holding company is required to deduct a
certain amount from additional tier 1 capital and it does
not have additional tier 1 capital, then the deduction
should be from common equity tier 1 capital in Schedule
HC-R, Part I, item 17.
Transition provisions: Apply the appropriate percentage
for deductions related to investments in capital instruments in Table 5 in the instructions of Schedule HC-R,
Part I, item 11.
(3) Non-significant investments in additional tier 1
capital of unconsolidated financial institutions
that exceed the 10 percent threshold for nonsignificant investments.
HC-R-23

Schedule HC-R

As noted in the instructions for HC-R, item 11 above, a
holding company has a non-significant investment in the
capital of an unconsolidated financial institution if it
owns 10 percent or less of the issued and outstanding
common shares of that institution.
Calculate this amount as follows:
(1) Determine the aggregate amount of non-significant
investments in the capital of unconsolidated financial
institutions in the form of common stock, additional
tier 1 capital, and tier 2 capital.
(2) Determine the amount of non-significant investments
in the capital of unconsolidated financial institutions
in the form of additional tier 1 capital.
(3) If the amount in (1) is greater than the 10 percent
threshold for non-significant investments (Schedules
HC-R, item 11, step (4)), then multiply the difference
by the ratio of (2) over (1). Report this product in this
item 24.
(4) If the amount in (1) is less than the 10 percent
threshold for non-significant investments, report zero.
For example, assume a holding company has a total of
$200 in non-significant investments (step 1), including
$60 in the form of additional tier 1 capital (step 2), and its
10 percent threshold for non-significant investments is
$100 (as calculated in step 4 of item 11). Since the
aggregate amount of non-significant investments exceeds
the 10 percent threshold for non-significant investments
by $100 ($200-$100), the holding company must multiply $100 by the ratio of 60/200 (step 3). Thus, the
holding company would need to deduct $30 from its
additional tier 1 capital.
Transition provisions: Follow the transition provisions
in Schedule HC-R, item 11. (That is, for advanced
approaches holding companies, use Table 5 in the instructions for Schedule HC-R, Part I, item 11; for nonadvanced approaches holding companies, apply 80 percent of the deduction and assign the applicable risk
weight to the portion of the investments not deducted).

Transition provisions: Follow the transition provisions
in Schedule HC-R, item 11. (That is, for advanced
approaches holding companies, use Table 5 in the instructions for Schedule HC-R, Part I, item 11; for nonadvanced approaches holding companies, apply 80 percent of the deduction and assign the applicable risk
weight to the portion of the investments not deducted).
(5) Other adjustments and deductions.
Include adjustments and deductions applied to additional
tier 1 capital due to insufficient tier 2 capital to cover
deductions (related to reciprocal cross holdings, nonsignificant investments in the tier 2 capital of unconsolidated financial institutions, and significant investments in
the tier 2 capital of unconsolidated financial institutions).
Also include adjustments and deductions related to DTAs
that arise from net operating loss and tax credit carryforwards, gain-on-sale in connection with a securitization
exposure, defined benefit pension fund assets, changes in
fair value of liabilities due to changes in own credit risk,
and expected credit losses during the transition period
described in Table 4 in the Instructions for Schedule
HC-R, item 8.
Line Item 25 Additional tier 1 capital.
Report the greater of Schedule HC-R, item 23 minus item
24, or zero.

Tier 1 capital
Line Item 26 Tier 1 capital.
Report the sum of Schedule HC-R, items 19 and 25.

Tier 2 capital
Line Item 27 Tier 2 capital instruments plus
related surplus.

(4) Significant investments in the capital of unconsolidated financial institutions not in the form of
common stock to be deducted from additional
tier 1 capital.

Starting on January 1, 2014, for the case of advanced
approaches holding companies and on January 1, 2015,
for non-advanced holding companies, report tier 2 capital
instruments (that satisfy all eligibility criteria under the
revised regulatory capital rules of the Federal Reserve)
and related surplus.

Report the total amount of significant investments in the
capital of unconsolidated financial institutions in the
form of additional tier 1 capital.

Include instruments that were (i) issued under the Small
Business Jobs Act of 2010, or, prior to October 4, 2010,
under the Emergency Economic Stabilization Act of

HC-R-24

Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

2008 and (ii) were included in the tier 2 capital nonqualifying capital instruments (e.g., TruPS and cumulative perpetual preferred) under the Federal Reserve’s
general risk-based capital rules.
In addition, a depository institution holding company that
is not an advanced approaches holding company may
include in tier 2 capital non-qualifying capital instruments (e.g., TruPS and cumulative perpetual preferred)
that have been phased-out of tier 1 capital in accordance
with Table 7 in Schedule HC-R, item 21.
Depository institution holding companies with total consolidated assets of less than $15 billion as of December
31, 2009 and 2010 MHCs may include in this item
non-qualifying capital instruments (that are not included
in additional tier 1 capital as a result of the 25 percent
limit, described in item 20 and section 300(c)(3)(ii) of the
revised regulatory capital rules.)

Line Item 28 Non-qualifying capital instruments
subject to phase out from tier 2 capital.
Starting on January 1, 2014, for the case of advanced
approaches holding companies and on January 1, 2015,
for non-advanced holding companies, report the total
amount of non-qualifying capital instruments that were
included in tier 2 capital and outstanding as of January 1,
2014, and that are subject to phase out.
Holding companies may include in regulatory capital
debt or equity instruments issued prior to September 12,
2010, that do not meet the criteria for additional tier 1 or
tier 2 capital instruments in section 20 of the revised
regulatory capital rules but that were included in tier 1 or
tier 2 capital respectively as of September 12, 2010
(non-qualifying capital instruments issued prior to September 12, 2010) up to the percentage of the outstanding
principal amount of such non-qualifying capital instruments as of January 1, 2014, in accordance with Table 7
in Schedule HC-R, item 21.

FR Y-9C
Schedule HC-R

June 2015

a. Depository institution holding companies with total
consolidated assets of less than $15 billion as of
December 31, 2009 and 2010 MHCs:
This item is generally not applicable to depository institution holding companies with total consolidated assets
of less than $15 billion and 2010 MHCs that issued and
included non-qualifying capital instruments prior to May
19, 2010, because these institutions may include such
instruments in additional tier 1 and tier 2 capital as
described in Schedule HC-R, item 20 and 27, respectively.
b. Depository institution holding companies with
total consolidated assets of $15 billion or more as of
December 31, 2009 that are not 2010 MHCs:
Depository institution holding companies with total consolidated assets of $15 billion or more as of December
31, 2009, that are not 2010 MHCs must phase out
non-qualifying capital instruments from tier 2 capital as
set forth in Table 7, in Schedule HC-R, item 21, starting
January 1, 2014, if it is an advanced approaches holding
company that is not an SLHC and starting January 1,
2015, if it is a non-advanced approaches holding company.
A depository institution holding company of $15 billion
or more that is not an advanced approaches holding
company may include in tier 2 capital non-qualifying
capital instruments that have been phased-out of tier 1
capital in accordance with Table 7.
For the case of advanced approaches holding companies,
non-qualifying capital instruments that are phased out of
tier 1 capital under Table 7 are fully includable in tier 2
capital until December 31, 2015. From January 1, 2016,
until December 31, 2021, these holding companies are
required to phase out such non-qualifying capital instruments from tier 2 capital in accordance with the percentage in Table 8.

HC-R-25

Schedule HC-R

Table 8—Percentage of non-qualifying capital instruments includable in additional tier 1 or tier 2 capital for a
depository institution holding company of $15 billion or more
Transition period

Percentage of non-qualifying capital instruments
includable in additional tier 1 or tier 2 capital

Calendar year 2014

80

Calendar year 2015

70

Calendar year 2016

60

Calendar year 2017

50

Calendar year 2018

40

Calendar year 2019

30

Calendar year 2020

20

Calendar year 2021

10

Calendar year 2022
and thereafter

0

Line Item 29 Total capital minority interest that
is not included in tier 1 capital.
Starting on January 1, 2014, for the case of advanced
approaches holding companies and on January 1, 2015,
for non-advanced holding companies, report the amount
of total capital minority interest not included in tier 1
capital, as described below. For each consolidated subsidiary, perform the calculations in steps (1) through (10)
below. Sum up the results for each consolidated subsidiary and report the aggregate number in this item 29.
Example and a worksheet calculation: calculate total
capital minority interest that is not included in tier 1
capital includable at the holding company level as follows:

Assumptions:
• This is a continuation of the example used in the
instructions for Schedule HC-R, items 4 and 22.
• For this example, assume that risk-weighted assets of
the subsidiary are the same as the risk-weighted assets
of the holding company that relate to the subsidiary
$1,000 in each case.
• Subsidiary’s total capital: $130, which is composed of
subsidiary’s common equity tier 1 capital of $80, and
additional tier 1 capital of $30, and tier 2 capital of $20.
• Subsidiary’s common equity tier 1 capital owned by
minority shareholders: $24.
• Subsidiary’s additional tier 1 capital owned by minority shareholders: $15.
• Other relevant numbers are taken from the examples in
Schedule HC-R, items 4 and 22.

HC-R-26

Schedule HC-R

FR Y-9C
June 2015

Schedule HC-R

(1)

Determine the risk-weighted assets of the subsidiary.

$1,000

(2)

Using the standardized approach, determine the risk-weighted assets of the reporting institution that relate to the subsidiary. Note that the amount in this step (2) may differ from
the amount in step (1) due to intercompany transactions and eliminations in consolidation.

$1,000

(3)

Determine the lower of (1) or (2), and multiply that amount by 10.5%.10

$1,000 x 10.5%
= $105

(4)

Determine the dollar amount of total capital for the subsidiary. If this amount is less than
step (3), enter the sum of common equity tier 1, additional tier 1, and total capital minority
interest ($54 in this example) in step (9). Otherwise continue on to step (5).

$130

(5)

Subtract the amount in step (3) from the amount in step (4). This is the ‘‘surplus total capital of the subsidiary.’’

$130 -$105

(6)

Determine the percent of the subsidiary’s total capital instruments that are owned by third
parties (the minority shareholders).

$24 + $15 + $15
= $54. Then,
$54/$130 =
41.54%

(7)

Multiply the percentage from step (6) by the dollar amount in step (5). This is the ‘‘surplus
total capital minority interest of the subsidiary’’

41.54% x $25 =
$10.39

(8)

Determine the total amount of total capital minority interest of the subsidiary. Then subtract the surplus total capital minority interest of the subsidiary (step 7) from this amount.

$24 + $15 + $15
= $54. Then $54 $10.39 = $43.62.

(9)

The ‘‘total capital minority interest includable at holding company level’’ is the amount
from step (8) or step (4) where there is no surplus total capital minority interest of the subsidiary.

$43.62 (report the
lesser of $43.62
or $54; therefore
$43.62).

(10)

Subtract from (9) any minority interest that is included in common equity tier 1 and additional tier 1 capital. The result is the total capital minority interest not included in tier 1
capital includable in total capital.

$43.62 - ($21 +
$9.14) (from
examples in items
4 and 22) =
$13.48.

= $25

10. The percentage multiplier in step (3) is the capital ratio necessary for a subsidiary depository institution to avoid restrictions on distributions and
discretionary bonus payments. Advanced approaches holding companies must adjust this amount for all applicable buffers.
FR Y-9C
Schedule HC-R

June 2015

HC-R-27

Schedule HC-R

Transition provisions: For surplus minority interest and
non-qualifying minority interest that can be included in
tier 2 capital during the transition period, follow the
transition provisions in Schedule HC-R, item 4 after
taking into consideration (that is, excluding) any amount
of surplus tier 1 minority interest (From step 7 of
the worksheet in item 22). In the example (and assuming
no outstanding amounts of non-qualifying minority interest), the institution has $1.53 of surplus total capital
minority interest available to be included during the
transition period in tier 2 capital ($10.39 (From step 7 of
the worksheet in item 29) of surplus total capital minority
interest minus $8.86 (From step 7 of the worksheet in
item 22) of tier 1 minority interest). In 2015, the institution would include an additional $.92 in item 29 (60% of
$1.53) and starting in 2018 the institution would not
include any surplus minority interest in regulatory capital, if it is an advanced approaches holding company. If it
is a non-advanced approaches holding company, starting
in 2018 the holding company would include the same
amount of surplus minority interest in its regulatory
capital as it included in 2017 (20% of $1.53 or $0.31).
NOTE: If the amount of surplus total capital minority
interest (from step 7 of the worksheet in item 29) is less
than the amount of surplus tier 1 minority interest (from
step 7 of the worksheet in item 22), the amount of surplus
total capital minority interest available to be included
during the transition period in tier 2 capital is zero.

Part II, item 26. In calculating the risk-weighted assets
base for this purpose, an institution would not include
items that are deducted from capital under section 22(a).
However, an institution would include risk-weighted
asset amounts of items deducted from capital under
sections 22(c) through (f) of the revised regulatory
capital rule, in accordance with the applicable transition
provisions. While amounts deducted from capital under
section 22(c) through (f) are included in the riskweighted asset base for the ALLL calculation, such
amounts are excluded from standardized total riskweighted assets used in the denominator of the risk-based
capital ratios.

Line Item 30(a) Allowance for loan and lease
losses includable in tier 2 capital.

Report the amount of eligible credit reserves includable
in tier 2 capital as reported in FFIEC 101 Schedule A,
item 50.

Report the portion of the holding company’s allowance
for loan and lease losses (ALLL) for regulatory capital
purposes that is includable in tier 2 capital. None of the
holding company’s allocated transfer risk reserve, if any,
is includable in tier 2 capital.
A holding company’s allowance for loan and lease losses
equals Schedule HC, item 4(c), ‘‘Allowance for loan and
lease losses,’’ less Schedule HI-B, part II, Memorandum
item 1, ‘‘Allocated transfer risk reserve included in
Schedule HI-B, part II, item 7, above,’’ plus Schedule
HC-G, item 3, ‘‘Allowance for credit losses on offbalance sheet credit exposures.’’
The amount to be reported in this item is the lesser of (1)
the holding company allowance for loan and lease losses
for regulatory capital purposes, as defined above, or (2)
1.25 percent of the institution’s risk-weighted assets base
for the ALLL calculation as reported in Schedule HC-R,
HC-R-28

The amount, if any, by which a holding company’s
allowance for loan and lease losses for regulatory capital
purposes exceeds 1.25 percent of the holding company’s
risk-weighted assets base for the ALLL calculation (as
reported in Schedule HC-R, Part II, item 26) should be
reported in Schedule HC-R, Part II, item 29, ‘‘LESS:
Excess allowance for loan and lease losses.’’ The sum of
the amounts reported in Schedule HC-R, Part I, item
30.a, plus Schedule HC-R, Part II, item 29, must equal
Schedule HC, item 4(c), less Schedule HI-B, Part II,
Memorandum item 1, plus Schedule HC-G, item 3.
Line Item 30(b)—Advanced approaches holding
companies that exit parallel run only: eligible credit
reserves includable in tier 2 capital.

NOTE: Schedule HC-R, Part I, item 31 is to be completed only by holding companies that have not adopted
FASB Accounting Standards Update No. 2016-01 (ASU
2016-01), which includes provisions governing the
accounting for investments in equity securities, including
investment in mutual funds, and eliminates the concept
of available-for-sale equity securities (see the Note preceding the instructions for Schedule HC, item 2(c)).
Holding companies that have adopted ASU 2016-01
should leave Schedule HC-R, Part I, item 31 blank.
Line Item 31 Unrealized gains on
available-for-sale preferred stock classified as an
equity security under GAAP and available-for-sale
equity exposures includable in Tier 2 capital.
(i) Holding companies that entered ‘‘1’’ for ‘‘Yes’’ in
Schedule HC-R, item 3(a):
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

Report the pretax net unrealized holding gain (i.e., the
excess of fair value as reported in Schedule HC-B, item
7, column D, over historical cost as reported in Schedule
HC-B, item 7, column C), if any, on available-for-sale
preferred stock classified as an equity security under
GAAP and available-for-sale equity exposures includable in tier 2 capital, subject to the limits specified in the
revised regulatory capital rules. The amount reported in
this item cannot exceed 45 percent of the holding company’s pretax net unrealized gain on available-for-sale
preferred stock classified as an equity security under
GAAP and available-for-sale equity exposures.
(ii) Holding companies that entered ‘‘0’’ for ‘‘No’’ in
Schedule HC-R, item 3(a):

Transition provisions for phasing out unrealized gains
on available-for-sale preferred stock classified as an
equity security under GAAP and available-for-sale
equity exposures:
(i) Determine the amount of unrealized gains on
available-for-sale preferred stock classified as an
equity security under GAAP and available-forsale equity exposures that an institution currently
includes in tier 2 capital.
(ii) Multiply (i) by the percentage in Table 9 and
include this amount in tier 2 capital.

Table 9—Percentage of unrealized gains on available-for-sale preferred stock classified as an equity security
under GAAP and available-for-sale equity exposures that may be included in tier 2 capital
Transition period

Percentage of unrealized gains on available-forsale preferred stock classified as an equity security
under GAAP and available-for-sale equity exposures that may be included in tier 2 capital

Calendar year 2014

36

Calendar year 2015

27

Calendar year 2016

18

Calendar year 2017

9

Calendar year 2018 and thereafter

0

For example, during calendar year 2014, include up to 36
percent of unrealized gains on available-for-sale preferred stock classified as an equity security under GAAP
and available-for-sale equity exposures in tier 2 capital.
During calendar years 2015, 2016, 2017, and 2018 (and
thereafter), these percentages go down to 27, 18, 9 and
zero, respectively.

Line Item 32(b)—Advanced approaches holding
companies that exit parallel run only: tier 2 capital
before deductions.

Line Item 32(a) Tier 2 capital before deductions.

Report total tier 2 capital deductions as the sum of the
following elements:

Report the sum of Schedule HC-R, items 27 through
30(a), plus item 31.

FR Y-9C
Schedule HC-R

September 2015

Report the sum of Schedule HC-R, items 27 through 29,
plus items 30(b) and 31.
Line Item 33 LESS: Tier 2 capital deductions.

Note that holding company should report tier 2 capital
deductions in item 33 irrespective of the amount of tier 2
capital before deductions reported in item 32(a). If
holding company does not have a sufficient amount of
HC-R-29

Schedule HC-R

tier 2 capital before deductions in item 32(a) to absorb
these deductions, then the holding company must deduct
the shortfall from additional tier 1 capital before deductions in Schedule HC-R, item 24, or, if there is not
enough additional tier 1 capital before deductions, from
common equity tier 1 capital in Schedule HC-R, item 17.
For example, if a Holding company reports $98 of ‘‘tier 2
capital before deductions’’ in item 32(a) and must make
$110 in tier 2 capital deductions, the Holding company
would report $110 in item 33, and would include the
additional $12 in deductions in Schedule HC-R, item 24
(and in Schedule HC-R, item 17, in the case of insufficient ‘‘Additional tier 1 capital before deductions’’ in
item 23 from which to make the deduction in Schedule
HC-R, item 24), and report $0 in item 34(a), ‘‘Tier 2
capital.’’
In addition, advanced approaches holding companies
with insufficient tier 2 capital for deductions will make
the following adjustments: an advanced approaches holding company will make deductions on this schedule
under the generally applicable rules that apply to all
holding companies. It will use FFIEC 101, Schedule A,
to calculate its capital requirements under the advanced
approaches rule. Therefore, in the case of an advanced
approaches holding company with insufficient tier 2
capital to make tier 2 deductions, it will use the corresponding deduction approach and the generally applicable rules to take excess tier 2 deductions from additional
tier 1 capital in Schedule HC-R, item 24, and if necessary
from common equity tier 1 capital in Schedule HC-R,
item 17. It will use the advanced approaches rules to take
deductions on the FFIEC 101 form.
For example, assume tier 2 capital is $100 under the
advanced approaches rule and $98 under the generally
applicable rules (due to the difference between the
amount of eligible credit reserves includable in tier 2
capital under the advanced approaches, and ALLL includable in tier 2 capital under the standardized approach). If
the required deduction from tier 2 capital is $110, then
the advanced approaches holding company would add
$10 to the required additional tier 1 capital deductions
(on FFIEC 101, Schedule A, line 42, and FFIEC 101,
Schedule A, line 27, if necessary), and would add $12 to
its required additional tier 1 capital deductions for the
calculation of the standardized approach regulatory capital ratios in this schedule (Schedule HC-R, item 24, and
Schedule HC-R, item 17, if necessary).
HC-R-30

(1) Investments in own tier 2 capital instruments.
Report the holding company’s investments in (including
any contractual obligation to purchase) its own tier 2
instruments, whether held directly or indirectly.
A holding company may deduct gross long positions net
of short positions in the same underlying instrument only
if the short positions involve no counterparty risk.
The holding company must look through any holdings of
index securities to deduct investments in its own capital
instruments. In addition:
(i)

Gross long positions in investments in a holding
company’s own regulatory capital instruments
resulting from holdings of index securities may be
netted against short positions in the same index;

(ii) Short positions in index securities that are hedging long cash or synthetic positions can be decomposed to recognize the hedge; and
(iii) The portion of the index that is composed of the
same underlying exposure that is being hedged
may be used to offset the long position if both the
exposure being hedged and the short position in
the index are covered positions under the market
risk capital rule, and the hedge is deemed effective by the holding company’s internal control
processes.
Transition provisions: Apply the appropriate percentage
for deductions related to investments in capital instruments in Table 5 in the instructions for Schedule HC-R,
Part I, item 11.
(2) Reciprocal cross-holdings in the capital of financial institutions.
Include investments in the tier 2 capital instruments of
other financial institutions that the holding company
holds reciprocally, where such reciprocal crossholdings
result from a formal or informal arrangement to swap,
exchange, or otherwise intend to hold each other’s capital
instruments.
Transition provisions: Apply the appropriate percentage
for deductions related to investments in capital instruments in Table 5 in the instructions for Schedule HC-R,
Part I, item 11.
(3) Non-significant investments in tier 2 capital of
unconsolidated financial institutions that exceed the
10 percent threshold for non-significant investments.
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

Calculate this amount as follows (similar to Schedule
HC-R, item 11):

tion and a 100 percent risk weight to the portion of items
not deducted).

(1) Determine the aggregate amount of non-significant
investments in the capital of unconsolidated financial
institutions in the form of common stock, additional
tier 1, and tier 2 capital.

(5) Other adjustments and deductions.

(2) Determine the amount of non-significant investments
in the capital of unconsolidated financial institutions
in the form of tier 2 capital.
(3) If (1) is greater than the 10 percent threshold for
non-significant investments (Schedule HC-R, item
11, step (4)), then, multiply the difference by the ratio
of (2) over (1). Report this product in this line item.
(4) If (1) is less than the 10 percent threshold for
non-significant investments, enter zero.
For example, if a holding company has a total of $200 in
non-significant investments (step 1), including $40 in the
form of tier 2 capital (step 2), and its 10 percent threshold
for non-significant investments is $100 (as calculated in
Schedule HC-R, item 11, step 4). Since the aggregate
amount of non-significant investments exceeds the 10
percent threshold for non-significant investments by $100
($200-$100), the holding company would multiply $100
by the ratio of 40/200 (step 3). Thus, the holding
company would need to deduct $20 from its tier 2 capital.
Transition provisions: Follow the transition provisions
in the instructions for Schedule HC-R, Part I, item 11
(that is, for advanced approaches holding companies, use
Table 5 in the instructions for Schedule HC-R, Part I,
item 11; for non-advanced approaches holding companies, apply 80 percent of the deduction and assign the
applicable risk weight to the portion of the investments
not deducted).
(4) Significant investments in the capital of unconsolidated financial institutions not in the form of common
stock to be deducted from tier 2 capital.
Report the total amount of significant investments in the
capital of unconsolidated financial institutions in the
form of tier 2 capital.
Transition provisions: Follow the transition provisions
in Schedule HC-R, Part I, item 11 (that is, for advanced
approaches institutions, use Table 5 in the instructions for
Schedule RC-R, Part I, item 11; for non-advanced
approaches institutions, apply 80 percent of the deducFR Y-9C
Schedule HC-R

March 2018

Include any other applicable adjustments and deductions
applied to tier 2 capital in accordance with the revised
regulatory capital rules.
Line Item 34(a) Tier 2 capital.
Report the greater of Schedule HC-R, item 32(a) less
item 33, or zero.
Line Item 34(b)—Advanced approaches holding
companies that exit parallel run only: Tier 2 capital.
Report the greater of Schedule HC-R, item 32(b) less
item 33, or zero.

Total capital
Line Item 35(a) Total capital.
Report the sum of Schedule HC-R, items 26 and 34(a).
Line Item 35(b)—Advanced approaches holding
companies that exit parallel run only: Total capital.
Report the sum of Schedule HC-R, items 26 and 34(b).

Total assets for the leverage ratio
Line Item 36 Average total consolidated assets.
All holding companies must report the amount of average
total consolidated assets as reported in Schedule HC-K,
item 5.
Line Item 37 LESS: Deductions from common
equity tier 1 capital and additional tier 1 capital.
Report the sum of the amounts deducted from common
equity tier 1 capital and additional tier 1 capital in
Schedule HC-R, items 6, 7, 8, 10(b), 11, 13 through 17,
and item 24, except any adjustments to additional tier 1
capital related to changes in the fair value of liabilities
that are reported in item 24 during the transition period.
Also exclude the amount reported in item 17 that is due
to insufficient amounts of additional tier 1 capital, and
which is included in the amount reported in item 24.
(This is to avoid double counting.)
HC-R-31

Schedule HC-R

Line Item 38 LESS: Other deductions from
(additions to) assets for leverage ratio purposes.

election and all advanced approaches holding companies available-for-sale securities:

Based on the revised regulatory capital rules, report the
amount of any deductions from (additions to) total assets
for leverage capital purposes that are not included in
Schedule HC-R, item 37, as well as the items below, if
applicable. If the amount is a net deduction, report it as a
positive value in this item. If the amount is a net addition,
report it as a negative value in this item.

Available-for-sale debt securities and available-for-sale
equity securities are reflected at amortized cost and at the
lower of cost or fair value, respectively, when calculating
average total consolidated assets for Schedule HC-K,
item 5. Therefore, include in this item as deductions from
(additions to) assets for leverage ratio purposes the
amounts needed to adjust (i) the quarterly average for
available-for-sale debt securities included in Schedule
HC-K, item 5, from an average based on amortized cost
to an average based on fair value, and (ii) the quarterly
average for available-for-sale equity securities included
in Schedule HC-K, item 5, from an average based on the
lower of cost or fair value to an average based on fair
value. If the deferred tax effects of any net unrealized
gains (losses) on available-for-sale debt securities were
excluded from the determination of average total consolidated assets for Schedule HC-K, item 5, also include in
this item as a deduction from (addition to) assets for
leverage ratio purposes the quarterly average amount
necessary to reverse the effect of this exclusion on the
quarterly average amount of net deferred tax assets
included in Schedule HC-K, item 5.

Holding companies that make the AOCI opt-out election in Schedule HC-R, Part I, item 3(a)—Defined
benefit postretirement plans:
If the reporting holding company sponsors a singleemployer defined benefit postretirement plan, such as a
pension plan or health care plan, accounted for in accordance with ASC Subtopic 715-20, CompensationRetirement Benefits—Defined Benefit Plans—General
(formerly FASB Statement No. 158, “Employers’
Accounting for Defined Benefit Pension and Other Postretirement Plans”), the holding company should adjust
total assets for leverage ratio purposes for any amounts
included in Schedule HC, item 26(b), “Accumulated
other comprehensive income” (AOCI), affecting assets as
a result of the initial and subsequent application of the
funded status and measurement date provisions of ASC
Subtopic 715-20. The adjustment also should take into
account subsequent amortization of these amounts from
AOCI into earnings. The intent of the adjustment reported
in this item (together with the amount reported in Schedule HC-R, Part I, item 9(d) is to reverse the effects on
AOCI of applying ASC Subtopic 715-20 for regulatory
capital purposes. Specifically, assets recognized or derecognized as an adjustment to AOCI as part of the incremental effect of applying ASC Subtopic 715-20 should
be reported as an adjustment to total assets for leverage
ratio purposes. For example, the derecognition of an asset
recorded as an offset to AOCI as part of the initial
incremental effect of applying ASC Subtopic 715-20
should be added back to total assets for leverage ratio
purposes by reporting the amount as a negative number
in this item. As another example, the portion of a benefit
plan surplus asset that is included in Schedule HC, item
26(b), as an increase to AOCI and in total assets should
be deducted from total assets for leverage ratio purposes
by reporting the amount as a positive number in this item.
Holding companies that do not make an AOCI opt-out
HC-R-32

Transition provisions for holding companies that do not
make an AOCI opt-out election and all advanced
approaches holding companies available-for-sale securities:
Include in this item 38 the amount of deductions from
(additions to) assets for leverage ratio purposes for
available-for-sale debt and equity securities and deferred
tax effects as determined above reduced by the appropriate percentage in Table 1 in Schedule HC-R, item 3(a).
For example, in 2015, if the amount of these deductions
(additions) is a $10,000 deduction, include $4,000 in this
item 38[$10,000 - ($10,000 x 60%) = $4,000].
Line Item 39 Total assets for the leverage ratio.
Report Schedule HC-R, item 36 less items 37 and 38.

Total risk-weighted assets
Line Item 40 (a) Total risk-weighted assets.
Report the amount of total risk-weighted assets using the
standardized approach (as reported in Schedule HC-R,
Part II, item 31).
Schedule HC-R

FR Y-9C
December 2016

Schedule HC-R

Line Item 40(b)—Advanced approaches holding
companies that exit parallel run only: Total
risk-weighted assets using advanced approaches
rules.
Report the amount from FFIEC 101 Schedule A, item 60.

Risk-based capital ratios
Holding companies that are not advanced approaches
holding companies that have exited parallel run must
report Schedule HC-R, items 41 through 44, Column A,
only. Column B does not apply to these institutions.
Advanced approaches holding companies that exit parallel run only: must report Schedule HC-R, items 41
through 44, Columns A and B, as described below.
All advanced approaches holding companies must complete Schedule HC-R, item 45, as described below.
Line Item 41 Common equity tier 1 capital ratio.
Report the institution’s common equity tier 1 risk-based
capital ratio as a percentage, rounded to four decimal
places.
Column A: divide Schedule HC-R Part I, item 19 by item
40(a).
Advanced approaches holding companies that exit parallel run only: Column B: divide Schedule HC-R Part I,
item 19 by item 40(b). The lower of the reported capital
ratios in column A and Column B will apply for prompt
corrective action purposes.
Line Item 42 Tier 1 capital ratio.
Report the holding company’s tier 1 risk-based capital
ratio as a percentage, rounded to four decimal places.
Column A: divide Schedule HC-R Part I, item 26 by item
40(a).
Advanced approaches holding companies that exit parallel run only: Column B: divide Schedule HC-R Part I,
item 26 by item 40(b). The lower of the reported capital
ratios in column A and Column B will apply for prompt
corrective action purposes.
Line Item 43 Total capital ratio.
Report the holding company’s total risk-based capital
ratio as a percentage, rounded to four decimal places.
FR Y-9C
Schedule HC-R

December 2016

Column A: divide Schedule HC-R Part I, item 35(a) by
item 40(a).
Advanced approaches holding companies that exit parallel run only: Column B: divide Schedule HC-R Part I,
item 35(b) by item 40(b). The lower of the reported
capital ratios in column A and Column B will apply for
prompt corrective action purposes.

Leverage capital ratios
Line Item 44 Tier 1 leverage ratio.
Report the holding company’s tier 1 leverage ratio as a
percentage, rounded to four decimal places.
Divide Schedule HC-R Part I, item 26 by item 39.
Line Item 45 Advanced approaches holding
companies only: Supplementary leverage ratio.
Advanced approaches holding companies must report the
supplementary leverage ratio from FFIEC 101 Schedule
A, Table 2, Item 2.22.

Capital buffer
Line Item 46 Institution-specific capital buffer
necessary to avoid limitations on distributions and
discretionary bonus payments.
For all holding companies: transition provisions for
the capital conservation buffer: In order to avoid
limitations on distributions, including dividend
payments, and certain discretionary bonus payments to
executive officers, a holding company must hold a
capital conservation buffer above its minimum
risk-based capital requirements.
The amount reported in Schedule HC-R, Part I, item
46(a) must be greater than the following phased-in
capital conservation buffer in Table 10 (plus any other
applicable capital buffers, if the holding company is an
advanced approaches institution). Otherwise, the holding
company will face limitations on distributions and certain
discretionary bonus payments and will be required to
complete Schedule HC-R Part I, items 47 and 48.
Line Item 46(a) Capital conservation buffer.
Report the holding company’s capital conservation buffer
as a percentage, rounded to four decimal places. Except
as described below, the capital conservation buffer is
equal to the lowest of the following ratios:
HC-R-33

Schedule HC-R

Table 10—Transition provisions for capital conservation buffer
Transition Period

Applicable required capital conservation buffer percentage
above which holding companies avoid limitations on distributions and
certain discretionary bonus payments

Calendar year 2016

0.6250

Calendar year 2017

1.2500

Calendar year 2018

1.8750

Calendar year 2019 and thereafter

2.5000

Note: Advanced approaches institutions, including those that have not exited parallel run, will need to consult the
regulation for the transition period if (i) the countercyclical buffer is in place or if the institution is subject to
countercyclical buffers in other jurisdictions or (ii) the institution is subject to a capital surcharge for global
systemically-important holding companies (GSIB) (such surcharge, a GSIB surcharge). Starting on the March 31,
2016, report date, any countercyclical buffer amount or GSIB surcharge applicable to an advanced approaches
institution should be added to the amount applicable in Table 10, in order for that institution to determine if it will
need to complete Schedule HC-R, Part I, items 47 and 48.
For all institutions, except advanced approaches
institutions that exit parallel run:
(1) Schedule HC-R, Part I, item 41, Column A, less
4.5000, which is the minimum common equity tier 1
capital ratio requirement under section 10 of the
regulatory capital rules;
(2) Schedule HC R, Part I, item 42, Column A, less
6.0000 percent, which is the minimum tier 1 capital
ratio requirement under section 10 of the regulatory
capital rule;
(3) Schedule HC-R, Part I, item 43, Column A, less
8.0000 percent, which is the minimum total capital
ratio requirement under section 10 of the regulatory
capital rules.
However, if any of the three ratios calculated above is
less than zero (i.e., is negative), the holding company’s
capital conservation buffer is zero.
For advanced approaches holding companies that
exit parallel run only:
(1) The lower of Schedule HC-R, Part I, item 41, column
A and column B, less 4.5000 percent, which is the
minimum common equity tier 1 capital ratio requirement under section 10 of the regulatory capital rules;
HC-R-34

(2) The lower of Schedule HC-R, Part I, item 42, column
A and column B, less 6.0000 percent, which is the
minimum tier 1 capital ratio requirement under section 10 of the regulatory capital rules; and
(3) The lower of Schedule HC-R, Part I, item 43, column
A and column B, less 8.0000 percent, which is the
minimum total capital ratio requirement under section 10 of the regulatory capital rules.
However, if any of the three ratios calculated above is
less than zero (i.e., is negative), the holding company’s
capital conservation buffer is zero.

Line Item 46(b)—Advanced approaches holding
companies that exit parallel run only.
Report the total applicable capital buffer, as reported in
FFIEC 101, Schedule A, item 64.
NOTE: Starting on March 31, 2016, report date,
holding companies must complete items 47 and 48 if
the amount in item 46(a) is less than or equal to the
applicable required minimum capital conservation
buffer, described above in Table 10 of Schedule HC-R
Part I, item 46 (plus any other applicable capital
buffers, if the institution is an advanced approaches
holding company).
Schedule HC-R

FR Y-9C
March 2016

Schedule HC-R

Line Item 47 Eligible retained income.
Report the amount of eligible retained income as the net
income attributable to the holding company for the four
calendar quarters preceding the current calendar quarter,
based on the holding company’s most recent quarterly
FRY-9 report. Report, as appropriate, net of any distributions and associated tax effects not already reflected in
net income. (See the instructions for Schedule HC-R,
Part I, item 48, for the definition of “distributions” from
section 2 of the regulatory capital rules.)
For example, the amount of eligible retained income to
be reported in this item 47 for the March 31, 2016, report
date would be based on the net income attributable to the
holding company for the four calendar quarters ending on
December 31, 2015. This net income amount would
equal the net income attributable to the holding company’s most recently reported in Schedule HI, item 14,
for December 31, 2015 (i.e., after adjustments for
amended Reports of Income). This net income amount
would next be reduced by any distributions and associated tax effects not already reflected in net income; the
resulting amount would be the eligible retained income to
be reported in this item 47. Thus, if the holding company
had declared dividends on its common stock during each
calendar quarter in 2015 and had no other distributions
during 2015, the holding company would reduce its net
income amount by the total amount of the dividends
declared in 2015 and report the resulting amount as its
eligible net income in this item 47.
As an additional example, the amount of eligible retained
income to be reported in this item 47 for the June 30,
2016, report date would be based on the net income
attributable to the holding company for the four calendar
quarters ending on the preceding March 31, 2016. This
net income amount would be calculated by:
(1) Subtracting the net income attributable to the holding
company most recently reported in Schedule HI, item
14, for March 31, 2015 (i.e., after adjustments for
amended Reports of Income), from the net income
attributable to the holding company’s most recently
reported in Schedule HI, item 14, for December 31,
2015 (i.e., after adjustments for amended Reports of
Income), and
(2) Adding the result from (1) above to the net income
attributable to the holding company’s most recently
reported in Schedule HI, item 14, for March 31, 2016
FR Y-9C
Schedule HC-R

March 2016

(i.e., after adjustments for amended Reports of
Income).
This net income amount would next be reduced by any
distributions and associated tax effects not already
reflected in net income (e.g., dividends declared on the
institution’s common stock between April 1, 2015, and
March 31, 2016); the resulting amount would be the
eligible retained income to be reported in this item 47.
Line Item 48 Distributions and discretionary
bonus payments during the quarter.
Report the amount of distributions and discretionary
bonus payments during the calendar quarter ending on
the report date.
As defined in section 2 of the regulatory capital rules,
“distribution” means:
(1) A reduction of tier 1 capital through the repurchase
of a tier 1 capital instrument or by other means,
except when a holding company, within the same
quarter when the repurchase is announced, fully
replaces a tier 1 capital instrument it has repurchased
by issuing another capital instrument that meets the
eligibility criteria for:
(i) A common equity tier 1 capital instrument if
the instrument being repurchased was part of
the holding company’s common equity tier 1
capital, or
(ii) A common equity tier 1 or additional tier 1
capital instrument if the instrument being
repurchased was part of the holding company’s tier 1 capital;
(2) A reduction of tier 2 capital through the repurchase,
or redemption prior to maturity, of a tier 2 capital
instrument or by other means, except when a holding
company, within the same quarter when the repurchase or redemption is announced, fully replaces a
tier 2 capital instrument it has repurchased by issuing
another capital instrument that meets the eligibility
criteria for a tier 1 or tier 2 capital instrument;
(3) A dividend declaration or payment on any tier 1
capital instrument;
(4) A dividend declaration or interest payment on any
tier 2 capital instrument if the holding company has
HC-R-35

Schedule HC-R

full discretion to permanently or temporarily suspend
such payments without triggering an event of default;
or
(5) Any similar transaction that the Federal Reserve
determines to be in substance a distribution of capital.

provide sufficient guidance for most holding companies
for risk-weighting their balance sheet assets and credit
equivalent amounts. However, these instructions do not
address every type of exposure. Holding companies
should review the Federal Reserve’s regulatory capital
rules for the complete description of the applicable
capital requirements.

As defined in section 2 of the regulatory capital rules,
“discretionary bonus payment” means a payment made to
an executive officer of an institution, where:

Exposure Amount Subject to Risk Weighting

(1) The holding company retains discretion as to whether
to make, and the amount of, the payment until the
payment is awarded to the executive officer;

In general, holding companies need to risk weight the
exposure amount. The exposure amount is defined in §.2
of the regulatory capital rules as follows:

(2) The amount paid is determined by the holding company, without prior promise to, or agreement with,
the executive officer; and

(1) For the on-balance sheet component of an exposure,11 the holding company’s carrying value of the
exposure.

(3) The executive officer has no contractual right, whether
express or implied, to the bonus payment.
As defined in section 2 of the regulatory capital rules,
“executive officer” means a person who holds the title or,
without regard to title, salary, or compensation, performs
the function of one or more of the following positions:
president, chief executive officer, executive chairman,
chief operating officer, chief financial officer, chief investment officer, chief legal officer, chief lending officer,
chief risk officer, or head of a major business line, and
other staff that the board of directors of the holding
company deems to have equivalent responsibility.

Part II: Risk-Weighted Assets

(2) For a security12 classified as AFS or HTM where the
holding company has made the AOCI opt-out election in Schedule HC-R, Part I, item 3(a), the carrying
value for the exposure (including net accrued but
uncollected interest and fees)13 less any net unrealized gains on the exposure plus any net unrealized
loss on the exposure included in AOCI.
(3) For AFS preferred stock classified as an equity
security under GAAP where the holding company
has made the AOCI opt-out election in Schedule
HC-R, Part I, item 3(a), the carrying value less any
net unrealized gains that are reflected in such carrying value, but are excluded from the holding company’s regulatory capital components.

General Instructions for Part II
The instructions for Schedule HC-R, Part II, items 1
through 22 provide general directions for the allocation
of holding company balance sheet assets and credit
equivalent amounts of derivatives and off-balance sheet
items, and unsettled transactions to the risk weight
categories in columns C through Q (and, for items 1
through 10 only, to the items adjusted from the totals
reported in Schedule HC-R, Part II, column A in column
B). In general, the aggregate amount allocated to each
risk-weight category is then multiplied by the risk weight
associated with that category. The resulting risk-weighted
values from each of the risk categories are added together,
and generally this sum is the Holding company total
risk-weighted assets, which comprises the denominator
of the risk-based capital ratios. These instructions should
HC-R-36

11. Not including: (1) an available-for-sale (AFS) or held-to-maturity
(HTM) security where the holding company has made the Accumulated
Other Comprehensive Income (AOCI) opt-out election in Schedule HC-R,
Part I, item 3(a), (2) an over-the-counter (OTC) derivative contract, (3) a
repo-style transaction or an eligible margin loan for which the holding
company determines the exposure amount under §.37 of the regulatory
capital rules, (4) a cleared transaction, (5) a default fund contribution, or
(6) a securitization exposure.
12. Not including: (1) a securitization exposure, (2) an equity exposure,
or (3) preferred stock classified as an equity security under generally
accepted accounting principles (GAAP).
13. Where the holding company has made the AOCI opt-out election,
accrued but uncollected interest and fees reported in Schedule HC, item 11,
“Other assets,” associated with AFS or HTM debt securities that are not
securitization exposures should be reported in Schedule HC-R, Part II,
item 8, ‘‘All other assets.’’

Schedule HC-R

FR Y-9C
March 2016

Schedule HC-R

(4) For the off-balance sheet component of an exposure,14 the notional amount of the off-balance sheet
component multiplied by the appropriate Credit conversion factor in §.33 of the regulatory capital rules.
(5) For an exposure that is an OTC derivative contract,
the exposure amount determined under §.34 of the
regulatory capital rules.
(6) For an exposure that is a derivative contract that is a
cleared transaction, the exposure amount determined
under §.35 of the regulatory capital rules.
(7) For an exposure that is an eligible margin loan or
repo-style transaction (including a cleared transaction) for which the holding company calculates the
exposure amount as provided in §.37, the exposure
amount determined under §.37 of the regulatory
capital rules.

net of associated deferred tax liabilities (DTLs), and (3)
significant investments in the capital of unconsolidated
financial institutions in the form of common stock; and
any other assets that must be deducted in accordance with
the requirements of the Federal Reserve. Column B
should also include items that are excluded from the
calculation of risk-weighted assets, such as the allowance
for loan and lease losses, allocated transfer risk reserves,
and certain on-balance sheet asset amounts associated
with derivative contracts that are included in the calculation of the credit equivalent amounts of the derivative
contracts. In addition, for items 1 through 8 and 11 of
Schedule HC-R, Part II, column B should include any
difference between the balance sheet amount of an
on-balance sheet asset and its exposure amount as
described above under ‘‘Exposure Amount Subject to
Risk Weighting.’’

(8) For an exposure that is a securitization exposure, the
exposure amount determined under §.42 of the regulatory capital rules.

Note: For items 1 through 8 and 11 of Schedule HC-R,
Part II, the sum of columns B through R must equal the
balance sheet asset amount reported in column A.

As indicated in the definition in §.2 of the regulatory
capital rules, carrying value means with respect to an
asset, the value of the asset on the balance sheet of the
holding company determined in accordance with GAAP.

For items 9(a) through 9(d) of Schedule HC-R, Part II,
the amount a reporting holding company should report in
column B will depend upon the risk weighting approach
it uses to risk weight its securitization exposures and
whether the holding company’s has made the AOCI
opt-out election in Schedule HC-R, Part I, item 3(a). For
each of items 9(a) through 9(d), a mathematical relationship similar to the one described above will hold true,
such that the sum of columns B through Q must equal the
balance sheet asset amount reported in column A.

Amounts to Report in Column B
The amount to report in column B will vary depending
upon the nature of the particular item.
For items 1 through 8 and 11 of Schedule HC-R, Part II,
column B should include the amount of the reporting
holding company’s on-balance sheet assets that are
deducted or excluded (not risk weighted) in the determination of risk-weighted assets. Column B should include
assets that are deducted from capital (subject to the
transition provisions of the regulatory capital rules, as
applicable) such as goodwill; intangibles; gain on sale of
securitization exposures; threshold deductions above the
10 percent individual or 15 percent combined limits for
(1) deferred tax assets (DTAs) arising from temporary
differences that could not be realized through net operating loss carrybacks, (2) mortgage servicing assets (MSAs),
14. Not including: (1) an OTC derivative contract, (2) a repo-style
transaction or an eligible margin loan for which the holding company
calculates the exposure amount under §.37 of the regulatory capital rules,
(3) a cleared transaction, (4) a default fund contribution, or (5) a securitization exposure,
FR Y-9C
Schedule HC-R

December 2015

• If the holding company uses the 1,250 percent risk
weight approach to risk weight an on-balance sheet
securitization exposure, the holding company will
report in column B the difference between the carrying
value of the exposure and the exposure amount that is
to be risk weighted. For example if a holding company
has a securitization exposure that is an AFS debt
security with a $105 carrying value (i.e., fair value)
including a $5 unrealized gain (in other words, a $100
amortized cost), the holding company would report the
following:
o If the bank has not made (or cannot make) the AOCI
opt-out election, the holding company would report
zero in item 9(b), column B. The holding company
would report the $105 exposure amount to be risk
weighted in item 9(b), column Q - 1250% risk
weight.
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Schedule HC-R

o If the holding company has made the AOCI opt-out
election, the holding company would report any
unrealized gain as a positive number in item 9(b),
column B, and any unrealized loss as a negative
number in item 9(b), column B. Therefore, in this
example, the holding company would report $5 in
item 9(b), column B. Because the holding company
reverses out the unrealized gain for regulatory capital purposes because it has made the AOCI opt-out
election, it does not have to risk weight the gain.
(Note: The holding company also would report the
$100 exposure amount to be risk weighted in item
9(b), column Q - 1250% risk weight.
• If the holding company uses the Simplified Supervisory Formula Approach (SSFA) or the Gross-Up
Approach to risk weight an on-balance sheet securitization exposure, the holding company will report in
column B the same amount that it reported in column A.
For item 10 of Schedule HC-R, Part II, the amount a
reporting bank should report in column B also will
depend upon the risk weighting approach it uses to risk
weight its securitization exposures. If a bank uses the
1,250 percent risk weight approach to risk weight an
off-balance sheet securitization exposure, the bank will
report in column B any difference between the notional
amount of the off-balance sheet securitization exposure
that is reported in column A and its exposure amount. If
the bank uses the SSFA or the Gross-Up Approach to risk
weight an off-balance sheet securitization exposure, the
bank will report in column B the same amount that it
reported in column A. An example is presented in the
instructions for Schedule HC-R, Part II, item 10. For item
10 of Schedule HC-R, Part II, the sum of columns B
through Q must equal the amount of the off-balance sheet
securitization exposures reported in column A.
For items 12 through 21 of Schedule HC-R, Part II,
column B should include the credit equivalent amounts
of the reporting holding company’s derivative contracts
and off-balance sheet items that are covered by the
regulatory capital rules. For the off-balance sheet items in
items 12 through 19, the credit equivalent amount to be
reported in column B is calculated by multiplying the
face, notional, or other amount reported in column A by
the appropriate CCF. The credit equivalent amounts in
column B are to be allocated to the appropriate riskweight categories in columns C through J (or to the
HC-R-38

securitization exposure collateral category in column R,
if applicable). For items 12 through 21 of Schedule
HC-R, Part II, the sum of columns C through J (plus
column R, if applicable) must equal the credit equivalent
amount reported in column B.
Treatment of Collateral and Guarantees
a. Collateralized Transactions
The rules for recognition of collateral are in §.37 and
pertinent definitions in §.2 of the regulatory capital rules.
The regulatory capital rules define qualifying financial
collateral as cash on deposit, gold bullion, investment
grade long- and short-term debt exposures (that are not
resecuritization exposures), publicly traded equity securities and convertible bonds, and money market fund or
other mutual fund shares with prices that are publicly
quoted on a daily basis.
Holding companies may apply one of two approaches, as
outlined in §.37, to recognize the risk-mitigating effects
of qualifying financial collateral:
(1) Simple Approach: can be used for any type of
exposure. Under this approach, holding companies
may apply a risk weight to the portion of an exposure
that is secured by the fair value of the financial
collateral based on the risk weight assigned to the
collateral under §.32. However, under this approach,
the risk weight assigned to the collateralized portion
of the exposure may not be less than 20 percent,
unless one of the following exceptions applies:
• Zero percent risk weight - may be assigned to: an
exposure to an over the counter derivative contract
that is marked-to-market on a daily basis and
subject to a daily margin requirement, to the extent
that the contract is collateralized to cash on deposit;
to the portion of an exposure collateralized by cash
on deposit; to the portion of an exposure collateralized by an exposure to a sovereign that qualifies for
the zero percent risk weight under §.32 and the
holding company has discounted the fair value of
the collateral by 20 percent.
• 10 percent risk weight: may be assigned to an
exposure to an OTC derivative contract that is
marked-to-market on a daily basis and subject to a
daily margin requirement, to the extent that the
Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

contract is collateralized by an exposure to a sovereign that qualified for a zero percent risk weight
under §.32.
(2) Collateral Haircut Approach: can be used only for
repo-style transactions, eligible margin loans, collateralized derivative transactions, and single-product
netting sets of such transactions. Under this approach,
holding companies would apply either standard supervisory haircuts or own internal estimates for haircuts
to the value of the collateral. See §.37(c) of the
regulatory capital rules for a description of the
calculation of the exposure amount, standard supervisory market price volatility haircuts, and requirements for using own internal estimates for haircuts.
Holding companies may use any approach described in
§.37 that is valid for a particular type of exposure or
transaction; however, they must use the same approach
for similar transactions or exposures.
If an exposure is partially secured, that is, the market
value (or in cases of using the Collateral Haircut
Approach, the adjusted market value) of the financial
collateral is less than the face amount of an asset or
off-balance sheet exposure, only the portion that is
covered by the market value of the collateral is to be
reported in the risk-weight category item appropriate to
the type of collateral. The uncovered portion of the
exposure continues to be assigned to the initial riskweight category item appropriate to the exposure. The
face amount of an exposure secured by multiple types of
qualifying collateral is to be reported in the risk-weight
category items appropriate to the collateral types, apportioned according to the market value of the types of
collateral.
Exposures collateralized by deposits at the reporting
institution
The portion of any exposure collateralized by deposits at
the reporting institution would be eligible for a zero
percent risk weight. The remaining portion of the exposure that is not collateralized by deposits should be
risk-weighted according to the regulatory capital rules.
b. Guarantees and credit derivatives
The rules for recognition of guarantees and credit derivatives are in §.36 and pertinent definitions are in §.2 of the
regulatory capital rules. A holding company may recognize the credit risk mitigation benefits of an eligible
guarantee or eligible credit derivative by substituting the
FR Y-9C
Schedule HC-R

December 2015

risk weight associated with the protection provider for
the risk weight assigned to the exposure. Please refer to
the definitions of eligible guarantee, eligible guarantor,
and eligible credit derivative in §.2 of the regulatory
capital rules. Note that in the definition of eligible
guarantee, where the definition discusses contingent guarantees, only contingent guarantees of the U.S. government or its agencies are recognized.
The coverage amount provided by an eligible guarantee
or eligible credit derivative will need to be adjusted
downward if:
• The residual maturity of the credit risk mitigant is
less than that of the hedged exposure (maturity
mismatch adjustment), see §.36(c);
• The credit risk mitigant does not include as a
credit event a restructuring of the hedged exposure involving forgiveness or postponement of
principal, interest, or fees that results in a credit
loss event (that is, a charge-off, specific provision,
or other similar debit to the profit and loss
account), see §.36(d); or
• The credit risk mitigant is denominated in a
currency different from that in which the hedged
exposure is denominated (currency mismatch
adjustment), see §.36(e).
Exposures covered by Federal Deposit Insurance Corporation (FDIC) loss sharing agreements
The portion of any exposure covered by an FDIC loss
sharing agreement would be eligible for a 20 percent risk
weight. The remaining uncovered portion of the exposure
should be risk-weighted according to the regulatory
capital rules.
Treatment of Equity Exposures
The treatment of equity exposures are outlined in §.51
through §.53 of the regulatory capital rules. Holding
companies must use different methodologies to determine risk weighted assets for their equity exposures:
• The Simple Risk Weight Approach (SRWA),
which must be used for all types of equity exposures that are not equity exposures to a mutual
fund or other investment fund, and
• Full look-through, simple modified look-through,
and alternative modified look-through approaches
for equity exposures to mutual funds and other
investment funds.
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Schedule HC-R

Treatment of stable value protection
The regulatory capital rules define stable value protection
(SVP) in §.51(a)(3).
A holding company that purchases SVP on an investment
in a separate account must treat the portion of the
carrying value of the investment attributable to the SVP
as an exposure to the provider of the protection. The
remaining portion of the carrying value of the investment
must be treated as an equity exposure to an investment
fund.
A holding company that provides SVP must treat the
exposure as an equity derivative with an adjusted carrying value equal to the sum of the on-balance and offbalance sheet adjusted carrying value.
Adjusted carrying value
The adjusted carrying value of an equity exposure is
equal to:
• On-balance sheet equity exposure: the carrying value
of the exposure.
• On-balance sheet equity exposure that is classified
as AFS where the holding company has made the
AOCI opt-out election: the carrying value of the
exposure less any net unrealized gains on the exposure
that are reflected in the carrying value but excluded
from regulatory capital.
• Off-balance sheet portion of an equity exposure
(that is not an equity commitment): the effective
notional principal amount15 of the exposure minus the
adjusted carrying value of the on-balance sheet component of the exposure.
For an equity commitment (a commitment to purchase an
equity exposure), the effective notional principal amount
must be multiplied by the following CCFs: 20 percent for
conditional equity commitments with an original maturity of one year or less, 50 percent for conditional equity
commitments with an original maturity of more than one
year, and 100 percent for unconditional equity commitments.
Equity exposure risk weighting methodologies
15. The regulatory capital rules define the ‘‘effective notional principal
amount’’ as an exposure of equivalent size to a hypothetical on-balance
sheet position in the underlying equity instrument that would evidence the
same change in fair value (measured in dollars) given a small change in the
price of the underlying equity instrument.

HC-R-40

(1) Simple Risk Weight Approach (SWRA): must be
used for all types of equity exposures that are not
equity exposures to a mutual fund or other investment fund. Under this approach, holding companies
must determine the risk weighted asset amount of an
individual equity exposure by multiplying (1) the
adjusted carrying value of the exposure or (2) the
effective portion and ineffective portion of a hedge
pair by the lowest possible risk weight below:
• Zero percent risk weight - an equity exposure to a
sovereign, Bank for International Settlements, the
European Central Bank, the European Commission, the International Monetary Fund, a multilateral development bank (MDB), and any other
entity whose credit exposures receive a zero percent risk weight under §.32 of the regulatory
capital rules.
• 20 percent risk weight: an equity exposure to a
public sector entity, Federal Home Loan Bank,
and the Federal Agricultural Mortgage Corporation (Farmer Mac).
• 100 percent risk weight: equity exposures to:
o Certain qualified community development
investments,
o The effective portion of hedge pairs,
o Non-significant equity exposures, to the extent
that the aggregated carrying value of the exposures does not exceed 10 percent of total capital. To utilize this risk weight, the holding
company must aggregate the following equity
exposures: unconsolidated small business
investment companies or held through consolidated small business investment companies;
publicly traded (including those held indirectly
through mutual funds or other investment funds);
and non-publicly traded (including those held
indirectly through mutual funds or other investment funds), and
o For non-advanced approaches institutions: Significant investments in the capital of unconsolidated financial institutions in the form of common stock that are not deducted from capital.
• 250 percent risk weight: For advanced approaches
institutions only: Significant investments in the
capital of unconsolidated financial institutions in
Schedule HC-R

FR Y-9C
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Schedule HC-R

the form of common stock that are not deducted
from capital. This risk weight takes effect in 2018.
Before 2018, all holding companies report such
significant investments in the 100 percent risk
weight category.
• 300 percent risk weight: publicly traded equity
exposures.
• 400 percent risk weight: equity exposures that are
not publicly traded.
• 600 percent risk weight: an equity exposure to an
investment firm, provided that the investment firm
would (1) meet the definition of traditional securitization in §.2 of the regulatory capital rules
were it not for the application of paragraph (8) of
the definition and (2) has greater than immaterial
leverage.
(2) Full look-through approach: used only for equity
exposures to a mutual fund or other investment fund.
Requires a minimum risk weight of 20 percent.
Under this approach, holding companies calculate
the aggregate risk-weighted asset amounts of the
carrying value of the exposures held by the fund as if
they were held directly by the holding company
multiplied by the holding company’s proportional
ownership share of the fund.
(3) Simple modified look-through approach: used only
for equity exposures to a mutual fund or other
investment fund. Requires a minimum risk weight of
20 percent. Under this approach, risk-weighted assets
for an equity exposure is equal to the exposure’s
adjusted carrying value multiplied by the highest risk
weight that applies to any exposure the fund is
permitted to hold under the prospectus, partnership
agreement, or similar agreement that defines the
funds permissible investments.
(4) Alternative modified look-through approach: used
only for equity exposures to a mutual fund or other
investment fund. Requires a minimum risk weight of
20 percent. Under this approach, holding companies
may assign the adjusted carrying value on a pro rata
basis to different risk weight categories based on the
limits in the fund’s prospectus, partnership agreement, or similar contract that defines the fund’s
permissible investments.
Treatment of Sales of 1-4 Family Residential First
FR Y-9C
Schedule HC-R

March 2018

Mortgage Loans with Credit-Enhancing Representations and Warranties
When a holding company transfers mortgage loans with
credit-enhancing representations and warranties in a
transaction that qualifies for sale accounting under GAAP,
the holding company will need to report and risk weight
those exposures. The definition of ‘‘credit-enhancing
representations and warranties’’ (CERWs) is found in §.2
of the regulatory capital rules. Many CERWs should be
treated as securitization exposures for purposes of risk
weighting. However, those CERWs that do not qualify as
securitization exposures receive a 100 percent CCF as
indicated in §.33 of the regulatory capital rules. For
example, if the holding company has agreed to repurchase the loans that it has sold, it will generally need to
risk weight those loans in Schedule HC-R, Part II, item
17 until the warranties expire. Note that CERWs do not
include certain early default clauses and similar warranties that permit the return of, or premium refund clauses
covering, 1-4 family residential mortgage loans that
qualify for a 50 percent risk weight provided the warranty period does not exceed 120 days from the date of
transfer.
Example: A holding company sells $100 in qualifying 1-4 family residential first mortgage loans and
agrees to repurchase them in case of early default
for up to 180 days. This warranty exceeds the 120
day limit, and therefore the full $100 should be
reported in Schedule HC-R, Part II, item 17 until the
warranty expires.
If the holding company has made a CERW that is limited
or capped (e.g., a warranty to cover first losses on loans
up to a set amount that is less than the full loan amount),
such warranties are regarded as securitization exposures
under the regulatory capital rules as they represent a
transaction that has been separated into at least two
tranches reflecting different levels of seniority for credit
risk. (Refer to the definitions of securitization exposure,
synthetic securitization, traditional securitization, and
tranche in §.2 of the regulatory capital rules). The
holding company will need to report and risk weight
these warranties in Schedule HC-R, Part II, item 10, as
off-balance sheet securitization exposures.
Example: A holding company sells $100 in qualifying 1-4 family residential first mortgage loans and
agrees to compensate the buyer for losses up to $2 if
the loans default during the first 12 months. Twelve
HC-R-41

Schedule HC-R

months exceeds the 120-day limit and therefore the
agreement is a CERW. The CERW is also a securitization exposure because the $2 is effectively a first
loss tranche on a $100 transaction.
For purposes of reporting this transaction in Schedule
HC-R, Part II, item 10, the holding company should
report $100 in column A, an adjustment of $98 in column
B, and then $2 in column Q as an exposure amount that is
risk weighted by applying a 1,250 percent risk weight (if
the holding company does not use the Simplified Supervisory Formula Approach (SSFA) or the Gross-Up
Approach for purposes of risk weighting its securitization
exposures). The holding company will not need to report
any amount in column T or U of Schedule HC-R, Part II,
item 10, unless it uses the SSFA or Gross-Up Approach
for calculating the risk weighted asset amount for this
transaction.
If the holding company uses either the SSFA or Gross-Up
Approach to risk weight the $2 exposure, the holding
company should report $100 in both column A and
column B. In columns T or U, it would report the
risk-weighted asset amount calculated by using either the
SSFA or Gross-Up Approach, respectively.
Treatment of Exposures to Sovereign Entities and
Foreign Banks
These instructions contain several references to Country
Risk Classifications (CRC) used by the Organization for

Economic Cooperation and Development (OECD). The
CRC methodology classifies countries into one of eight
risk categories (0-7), with countries assigned to the zero
category having the lowest possible risk assessment and
countries assigned to the 7 category having the highest
possible risk assessment. The OECD regularly updates
CRCs for more than 150 countries and makes the assessments publicly available on its website.16 The OECD
does not assign a CRC to every country; for example, it
does not assign a CRC to a number of major economies;
it also does not assign a CRC to many smaller countries.
As such, the table below also provides risk weights for
countries with no CRC based on whether or not those
particular countries are members of the OECD. In addition, there is a higher risk weight of 150 percent for any
country that has defaulted on its sovereign debt within
the past 5 years, regardless of the CRC rating.
Risk weights for reported balance sheet (items 1 through
8) and off-balance sheet and other (items 12 through 22)
exposures are to be assigned based upon the tables
below:

16. See http://www.oecd.org/trade/xcred/crc.htm.

• Exposures to foreign central governments (including foreign central banks):
Risk Weight
(%)

Home Country CRC

HC-R-42

0-1

0

2

20

3

50

4-6

100

7

150

OECD Member with No CRC

0

Non-OECD Member with No CRC

100

Countries with Sovereign Default in Previous Five
Years

150

Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

• Exposures to foreign banks:
Risk Weight
(%)
0-1

20

2

50

3

100

4-7

150

Home Country CRC

OECD Member with No CRC

20

Non-OECD Member with No CRC

100

Countries with Sovereign Default in Previous Five
Years

150

• General obligation exposures to foreign public sector entities:
Risk Weight
(%)
0-1

20

2

50

3

100

4-7

150

Home Country CRC

FR Y-9C
Schedule HC-R

December 2015

OECD Member with No CRC

20

Non-OECD Member with No CRC

100

Countries with Sovereign Default in
Previous Five Years

150

HC-R-43

Schedule HC-R

• Revenue obligation exposures to foreign public sector entities:
Risk Weight
(%)

Home Country CRC

0-1

50

2-3

100

4-7

150

OECD Member with No CRC

50

Non-OECD Member with No CRC

100

Countries with Sovereign Default in Previous Five
Years

150

All risk-weight categories pertaining to exposures to
central foreign governments:
• All exposures to foreign central governments may be
assigned a lower risk weight if the following conditions
are met: (1) the exposures are denominated in the
particular foreign country’s local currency; (2) the
holding company has at least equivalent liabilities in
that currency; and (3) the risk weight is not lower than
the risk weight that particular foreign country allows
under its jurisdiction to assign to the same exposures to
that country.
Summary of Risk Weights for Exposures to Government and Public Sector Entities
The following are some of the most common exposures
to government and public sector entities and the risk
weights that apply to them:
Column C – 0%column:
• All exposures (defined broadly to include securities,
loans, and leases) that are direct exposures to, or the
portion of exposures that are directly and unconditionally guaranteed by, the U.S. Government or U.S. Government agencies. This includes the portions of deposits insured by the Federal Deposit Insurance Corporation
(FDIC) or the National Credit Union Administration
(NCUA).
• Exposures that are collateralized by cash on deposit in
the reporting holding company.
• Exposures that are collateralized by securities issued or
guaranteed by the U.S. Government, or other sovereign
HC-R-44

governments that qualify for the zero percent risk
weight. Collateral value must be adjusted under §.37 of
the regulatory capital rules.
• Exposures to, and the portions of exposures guaranteed
by, the Bank for International Settlements, the European Central Bank, the European Commission, the
International Monetary Fund, or a multilateral development fund (as specifically defined in §.2 of the regulatory capital rules).
Column G – 20%column:
• The portion of exposures that are conditionally guaranteed by the U.S. Government or U.S. Government
agencies. This includes exposures, or the portions of
exposures, conditionally guaranteed by the FDIC or the
NCUA.
• The portion of exposures that are collateralized by cash
on deposit in the holding company or by securities
issued or guaranteed by the U.S. Government or U.S.
Government agencies that are not included in zero
percent column.
• General obligation exposures to states, municipalities,
and other political subdivisions of the United States.
• Exposures to U.S. government sponsored entities
(GSEs) other than equity exposures or preferred stock,
and risk sharing securities.
Column H – 50% column:
• Revenue obligation exposures to states, municipalities,
and other political subdivisions of the United States.
Schedule HC-R

FR Y-9C
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Schedule HC-R

Column I – 100% column:
• Preferred stock of U.S. GSEs.
Risk Weighted Assets for Securitization Exposures
Under the regulatory capital rules, three separate
approaches are available for setting the regulatory capital
requirements for securitization exposures, as defined in
§.2 of the regulatory capital rules. Securitization exposures include asset-backed and mortgage-backed securities, other positions in securitization transactions,
re-securitizations, and structured finance programs17
(except credit-enhancing interest-only (CEIO) strips). In
general, under each of the three approaches, the riskbased capital requirement for a position in a securitization or structured finance program (hereafter referred to
collectively as a securitization) is computed by multiplying the calculated amount of the position by the appropriate risk weight. The three approaches to determining the
proper risk weight for a securitization exposure are the
Simplified Supervisory formula approach, the Gross-Up
Approach, or the 1,250 Percent Risk Weight Approach.
If a securitization exposure is not an after-tax gain-onsale resulting from a securitization that requires deduction, or the portion of a CEIO strip that does not
constitute an after-tax gain-on-sale,18 a holding company
may assign a risk weight to the securitization exposure
using the SSFA if certain requirements are met. If a
holding company is not subject to Subpart F (the market
risk capital rule) of the regulatory capital rules, it may
instead choose to assign a risk weight to the securitization exposure using the Gross-Up Approach if certain
requirements are met. However, the holding company
must apply either the SSFA or the Gross-Up Approach
consistently across all of its securitization exposures.
However, if the holding company cannot, or chooses not
to, apply the SSFA or the Gross-Up Approach to an
individual securitization exposure, the holding company
must assign a 1,250 percent risk weight to that exposure.
Both traditional and synthetic securitizations must meet
17. Structured finance programs include, but are not limited to, collateralized debt obligations.
18. Consistent with the regulatory capital rules, a holding company
must deduct from common equity tier 1 capital any after-tax gain-on-sale
resulting from a securitization and must apply a 1,250 percent risk weight
to the portion of a CEIO strip that does not constitute an after-tax
gain-on-sale.
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December 2015

certain operational requirements before applying either
the SSFA or the Gross-Up Approach. Furthermore, holding companies must complete certain due diligence
requirements and satisfactorily demonstrate a comprehensive understanding of the features of the securitization exposure that would materially affect the performance of the exposure. If these due diligence requirements
are not met, the holding company must assign the
securitization exposure a risk weight of 1,250 percent.
The holding company’s analysis must be commensurate
with the complexity of the securitization exposure and
the materiality of the exposure in relation to its capital.
Holding companies should refer to §.41 of the regulatory
capital rules to review the details of these operational and
due diligence requirements.
For example, a holding company not subject to the
market risk capital rule has 12 securitization exposures.
The operational and due diligence requirements have
been met for 10 of the exposures, to which the holding
company applies the Gross-Up Approach. The holding
company then assigns a 1,250 percent risk weight to the
other two exposures. Alternatively, the holding company
could assign a 1,250 percent risk weight to all 12
securitization exposures.
a. Exposure Amount Calculation
The exposure amount of an on-balance sheet securitization exposure that is not an available-for-sale or held-tomaturity security where the holding company has made
the Accumulated Other Comprehensive Income (AOCI)
opt-out election in Schedule HC-R, Part I, item 3(a), a
repo-style transaction, an eligible margin loan, an overthe-counter (OTC) derivative contract, or a cleared transaction is equal to the carrying value of the exposure.
The exposure amount of an on-balance sheet securitization exposure that is an available-for-sale or held-tomaturity security where the bank has made the AOCI
opt-out election in Schedule HC-R, Part I, item 3.a, is
equal to the carrying value of the exposure (including any
accrued interest receivable on the exposure reported in
Schedule HC, item 11), less any net unrealized gains on
the exposure and plus any net unrealized losses on the
exposure.
The exposure amount of an off-balance sheet securitization exposure that is not a repo-style transaction, an
eligible margin loan, a cleared transaction (other than a
credit derivative), an OTC derivative contract (other than
a credit derivative), or an exposure to an asset-backed
HC-R-45

Schedule HC-R

commercial paper (ABCP) program is the notional
amount of the exposure.
For an off-balance sheet securitization exposure to an
asset-backed commercial paper (ABCP) program, such
as an eligible ABCP liquidity facility, the notional
amount may be reduced to the maximum potential
amount that the holding company could be required to
fund given the ABCP program’s current underlying
assets (calculated without regard to the current credit
quality of those assets). An exposure amount of an
eligible ABCP liquidity facility for which the SSFA does
not apply is calculated by multiplying the notional
amount of the exposure by a CCF of 50 percent. An
exposure amount of an eligible ABCP liquidity facility
for which the SSFA does apply is calculated by multiplying the notional amount of the exposure by a CCF of 100
percent.
The exposure amount of a securitization exposure that is
a repo-style transaction, eligible margin loan, or derivative contract (other than a credit derivative) is the exposure amount of the transaction as calculated using the
instructions for calculating the exposure amount of OTC
derivatives or collateralized transactions outlined in §.34
or §.37, respectively, of the regulatory capital rules.
If a holding company has multiple securitization exposures that provide duplicative coverage to the underlying
exposures of a securitization, the holding company is not
required to hold duplicative risk-based capital against the
overlapping position. Instead, the holding company may
apply to the overlapping position the applicable riskbased capital treatment that results in the highest riskbased capital requirement.
If a holding company provides support to a securitization
in excess of the holding company’s contractual obligation to provide credit support to the securitization (implicit
support) it must include in risk-weighted assets all of the
underlying exposures associated with the securitization
as if the exposures had not been securitized and must
deduct from common equity tier 1 capital any after-tax
gain-on-sale resulting from the securitization.
b. Simplified Supervisory Formula Approach (SSFA)
To use the SSFA to determine the risk weight for a
securitization exposure, a holding company must have
data that enables it to accurately assign the parameters.
The data used to assign the parameters must be the most
currently available data and no more than 91 calendar
HC-R-46

days old. A holding company that does not have the
appropriate data to assign the parameters must assign a
risk weight of 1,250 percent to the exposure. See the
operational requirements outlined in §.43 of the regulatory capital rules for further instructions.
To calculate the risk weight for a securitization exposure
using the SSFA, a holding company must have accurate
information on the following five inputs to the SSFA
calculation:
• Parameter KG is the weighted-average total capital
requirement for all underlying exposures calculated
using the SSFA (with unpaid principal used as the
weight for each exposure). Parameter KG is expressed
as a decimal value between zero and one (e.g., an
average risk weight of 100 percent represents a value
of KG equal to .08). ‘‘Underlying exposures’’ is defined
in the regulatory capital rules to mean one or more
exposures that have been securitized in a securitization
transaction. In this regard, underlying exposures means
all exposures, including performing and nonperforming exposures. Thus, for example, for a pool of underlying corporate exposures that have been securitized,
where 95 percent of the pool is performing (and qualify
for a risk weight of 100 percent) and 5 percent of the
pool is past due exposures that are not guaranteed and
are unsecured (and thus are assigned a risk weight of
150 percent), the weighted risk weight for the pool
would be 102.5 percent [102.5% = (95% * 100%) +
(5% * 150%)] and the total capital requirement KG
would be equal to 0.082 (102.5% divided by 1,250%).
This treatment is consistent with the regulatory capital
rules.
• Parameter W is the ratio of the sum of the dollar
amounts of any underlying exposures within the securitized pool to the ending balance, measured in dollars,
of underlying exposures, that meet any of the following
criteria: (1) 90 days or more past due; (2) subject to a
bankruptcy or insolvency proceeding; (3) in the process of foreclosure; (4) held as real estate owned; (5)
has contractually deferred interest payments for 90
days or more (other than in the case of deferments on
federally guaranteed student loans and certain consumer loans deferred according to provisions in the
contract); or (6) is in default. Parameter W is expressed
as a decimal value between zero and one.
As a result, past due exposures that also meet one or more
of the criteria in parameter W are to be factored into the
Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

measure of both parameters KG and W for purposes of
calculating the regulatory capital requirement for securitization exposures using the SSFA.
• Parameter A is the attachment point for the exposure,
which represents the threshold at which credit losses
will first be allocated to the exposure. Parameter A
equals the ratio of the current dollar amount of underlying exposures that are subordinated to the exposure
of the holding company to the current dollar amount of
underlying exposures. Any reserve account funded by
the accumulated cash flows from the underlying exposures that is subordinated to the holding company’s
securitization exposure may be included in the calculation of parameter A to the extent that cash is present in
the account. Parameter A is expressed as a decimal
value between zero and one.
• Parameter D is the detachment point for the exposure,
which represents the threshold at which credit losses of
principal allocated to the exposure would result in a
total loss of principal. Parameter D equals parameter A
plus the ratio of the current dollar amount of the
securitization exposures that are pari passu with the
exposure (that is, have equal seniority with respect to
credit risk) to the current dollar amount of the underlying exposures. Parameter D is expressed as a decimal
value between zero and one.
• A supervisory calibration parameter, p, is equal to 0.5
for securitization exposures that are not resecuritization exposures and equal to 1.5 for resecuritization
exposures.
There are three steps to calculating the risk weight for a
securitization using the SSFA. First, a holding company
must complete the following equations using the previously described parameters:
KA = (1–W) . KG + ( 0.5 . W)
a=– 1
p . KA
u = D – KA
l = max(A- KA, 0)
e = 2.71828, the base of the natural logarithms
Second, using the variables calculated in first step, find
the value of KSSFA using the formula below:
a.u
a.l
= e –e
K
SSFA

a(u – l)
FR Y-9C
Schedule HC-R

December 2015

Third, the risk weight of any particular securitization
exposure (expressed as a percent) will be equal to:
KSSFA x 1,250
To determine the risk-based capital requirement under
the SSFA, multiply the exposure amount by the higher of
either (1) the calculated risk weight or (2) a 20 percent
risk weight.
For purposes of reporting in Schedule HC-R, Part II,
items 9 and 10, a holding company would report in
Column T the risk-weighted asset amount calculated
under the SSFA for its securitization exposures.
c. Gross-Up Approach
A holding company that is not subject to the market risk
capital rule (Subpart F) in the regulatory capital rules
may apply the gross-up approach instead of the SSFA to
determine the risk weight of its securitization exposures,
provided that it applies the gross-up approach consistently to all of its securitization exposures.
To calculate the risk weight for a securitization exposure
using the gross-up approach, a holding company must
calculate the following four inputs:
(1) Pro rata share, which is the par value of the holding
company’s securitization exposure as a percent of the
par value of the tranche in which the securitization
exposure resides.
(2) Enhanced amount, which is the par value of the
tranches that are more senior to the tranche in which
the holding company’s securitization resides.
(3) Exposure amount of the holding company’s securitization exposure.
(4) Risk weight, which is the weighted-average risk
weight of underlying exposures in the securitization
pool.
The holding company would calculate the credit equivalent amount which is equal to the sum of the exposure
amount of the holding company’s securitization exposure
(3) and the pro rata share (1) multiplied by the enhanced
amount (2).
A holding company must assign the higher of the
weighted-average risk weight (4) or a 20 percent risk
weight to the securitization exposure using the gross-up
approach.
HC-R-47

Schedule HC-R

To determine the risk-based capital requirement under
the gross-up approach, multiply the higher of the two risk
weights by the credit equivalent amount. These steps are
outlined in the worksheet below:
Gross-Up Approach Worksheet to Calculate the
Capital Charge for a Securitization Exposure that is
Not a Senior Exposure19
(a) Currently outstanding par value of the
holding company’s non-senior
securitization exposure divided by the
currently outstanding par value of the
entire tranche (e.g., 60%20 ). . . . . . . . . . . . . . . . .
(b) Currently outstanding par value of the
more senior positions in the securitization
that are supported by the tranche in which
the holding company owns a non-senior
securitization exposure . . . . . . . . . . . . . . . . . . . . .
(c) Pro rata share of the more senior positions
currently outstanding in the securitization
that are supported by the holding
company’s non-senior securitization
exposure: enter (b) multiplied by (a) . . . . . . .
(d) Face amount of the holding company’s
non-senior securitization exposure . . . . . . . . .
21

(e) Enter the sum of (c) and (d) . . . . . . . . . . . . . . .

19. A senior securitization exposure means a securitization exposure
that has a first priority claim on the cash flows from the underlying
exposures, without considering amounts due under interest rate or currency
contracts, fees or other similar payments due. Time tranching (that is,
maturity differences) also is not considered when determining whether a
securitization exposure is a senior securitization exposure.
20. For example, if the currently outstanding par value of the entire
tranche is $100 and the currently outstanding par value of the holding
company’s subordinated security is $60, then the holding company would
enter 60% in (a).
21. For risk-based capital purposes, if the holding company has made
the AOCI opt-out election in Schedule HC-R, Part I, item 3(a), the ‘‘face
amount’’ of an available-for-sale security and a held-to-maturity security is
its amortized cost; the ‘‘face amount’’ of a trading security is its fair value.
If the holding company has not made or cannot make the AOCI opt-out
election, the ‘‘face amount’’ of an HTM security is its amortized cost; the
‘‘face amount’’ of an AFS security or a trading security is its fair value.

HC-R-48

(f) Enter the weighted average risk weight
applicable to the assets underlying the
securitization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(g) Risk-weighted asset amount of the holding
company’s non-senior securitization
exposure: enter the higher of (d) multiplied
by 20%, or
• (d) multiplied by 20% or
• (e) multiplied by (f) . . . . . . . . . . . . . . . . . . . . . .
(h) Capital charge for the risk-weighted asset
amount of the holding company’s
non-senior securitization exposure: enter
(g) multiplied by 8% . . . . . . . . . . . . . . . . . . . . . . . .
For purposes of reporting its non-senior securitization
exposures in Schedule HC-R, Part II, items 9 and 10, a
holding company would report in Column U the riskweighted asset amount calculated in line (g) on the
Gross-Up Approach worksheet. For a senior securitization exposure, a holding company would report in column U the face amount of its exposure22 multiplied by
the weighted-average risk weight of the securitization’s
underlying exposures, subject to a 20 percent risk-weight
floor.
Reporting in Schedule HC-R, Part II, When Using the
Gross-Up Approach:
If the holding company’s non-senior security is a held-tomaturity securitization exposure, the amortized cost of
this security is included on the Report of Condition
balance sheet in Schedule HC, item 2(a), ‘‘Held-tomaturity securities,’’ and on the regulatory capital schedule in columns A and B of Schedule HC-R, Part II, item
9(a), ‘‘On-balance sheet securitization exposures - Heldto-maturity securities.’’ The risk-weighted asset amount
from line (g) in the Gross-Up Approach Worksheet above
is reported in column U of Schedule HC-R, Part II, item
9(a).
If the holding company’s non-senior security is an
available-for-sale securitization exposure, the fair value
of this security is included on the Report of Condition
balance sheet in Schedule HC, item 2(b), ‘‘Available-forsale securities,’’ and on the regulatory capital schedule in

22. See footnote 21.

Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

column A of Schedule HC-R, Part II, item 9(b), ‘‘Onbalance sheet securitization exposures - Available-forsale securities.’’ For further information on the reporting
of AFS securitization exposures in column B refer to the
instructions for Schedule HC-R, Part II, item 9(b) because
the amount reported in column B depends on whether the
holding company has made the AOCI opt-out election in
Schedule HC-R, Part I, item 3(a). For non-senior AFS
securitization exposures, the risk-weighted asset amount
from line (g) in the Gross-Up Approach Worksheet above
is reported in column U of Schedule HC-R, Part II, item
9(b).
If the holding company’s subordinated security is a
trading securitization exposure, the fair value of this
security is included on the Report of Condition balance
sheet in Schedule HC, item 5, ‘‘Trading assets,’’ and on
the regulatory capital schedule in column A of Schedule
HC-R, Part II, item 9(c), ‘‘On-balance sheet securitization exposures - Trading assets that receive standardized
charges.’’ A trading security is risk-weighted using its
fair value if the holding company is not subject to the
market risk capital rule. The risk-weighted asset amount

(Column A)
Totals
9. On-balance sheet
securitization
exposures
a. Held-to-maturity
securities

December 2015

d. 1,250 Percent Risk Weight Approach
If the holding company cannot, or chooses not to apply
the SSFA or the Gross-Up Approach to the securitization
exposure, the holding company must assign a 1,250
percent risk weight to the exposure.
Securitization exposure reporting in Schedule HC-R,
Part II
Securitization exposure reporting depends on the methodology the holding company will use to risk weight the
exposure.
For example, if a holding company plans to apply the
1,250 percent risk weight to its exposures, the amount
reported in column Q should match the amount reported
in column A (less any adjustments, such as that for an
allocated transfer risk reserve (ATRR)). For any securitization exposure risk-weighted using the 1,250 percent
risk weight, the sum of columns B and Q should equal
column A.

(Column B)
Adjustments to
Totals
Reported in
Column A

(Column Q)

(Column T)

(Column U)

Exposure
Amount

Total Risk-Weighted Asset
Amount by Calculation
Methodology

1250%

SSFA

Gross-Up

BHCK

BHCK

BHCK

BHCK

BHCK

$100

$0

$100

$0

$0

In addition, when a holding company aplies the 1,250
percent risk weight to an on-balance sheet securitization
exposure, the holding company should include in column
A of Schedule HC-R, Part II, item 9.d, any amount
reported in Schedule HC, item 11, ‘‘Other assets,’’ for
accrued interest receivable on the securitization exposures, regardless of where the securitization exposure is
reported on the balance sheet in Schedule HC. The
amount reported in column Q should match the amount
reported in column A.

FR Y-9C
Schedule HC-R

from line (g) in the Gross-Up Approach Worksheet above
is reported in column U of Schedule HC-R, Part II, item
9(c).

9.a

If a holding company - regardless if it makes the AOCI
opt-out election - is applying the SSFA or Gross-Up
Approach, the reporting is significantly different due to
the fact that the holding company reports the risk
weighted assets amount in columns T or U.
In the case where a holding company has a securitization
exposure with a balance sheet value of $100, it would
report $100 in both columns A and B. If the holding
company applies the SSFA and calculates a risk-weighted
asset exposure of $20 for that securitization, the holding
company would report $20 in column T. Since it is using
HC-R-49

Schedule HC-R

the SSFA for all its securitization exposures, the holding
company must report $0 in column U.

(Column A)
Totals

9. On-balance sheet
securitization
exposures
a. Held-to-maturity
securities

(Column B)
Adjustments to
Totals
Reported in
Column A

(Column U)

Exposure
Amount

Total Risk-Weighted Asset
Amount by Calculation
Methodology

1250%

SSFA

Gross-Up

BHCK

BHCK

BHCK

BHCK

$100

$100

$0

$20

$0

(Column A)
Totals

9.a

chooses to apply the 1,250 percent risk weight to one
exposure and use the Gross-Up Approach to calculate
risk-weighted assets for the other two exposures. Assume
that the risk-weighted asset amount under the Gross-Up
Approach is $20 for each exposure.

(Column B)
Adjustments to
Totals
Reported in
Column A

(Column Q)

(Column T)

(Column U)

Exposure
Amount

Total Risk-Weighted Asset
Amount by Calculation
Methodology

1250%

SSFA

Gross-Up

BHCK

BHCK

BHCK

BHCK

BHCK

$300

$200

$100

$0

$40

The $200 reported under column B reflects the balance
sheet amounts of the two securitizations risk-weighted
using the Gross-Up Approach. This ensures that the sum
of columns B and Q continue to equal the amount
reported in column A. The $40 under column U reflects
the risk-weighted asset amount of the sum of the two
securitization exposures that were risk-weighted using
the Gross-Up Approach. This $40 is added to total

HC-R-50

(Column T)

BHCK

A holding company, at its discretion, could also use both
the 1,250 percent risk weight for some securitization
exposures and either the SSFA or Gross-Up Approach for
other securitization exposures. For example, Holding
Company Z has three securitization exposures, each
valued at $100 on the balance sheet. Holding Company Z
The holding company would report the following:

9. On-balance sheet
securitization
exposures
a. Held-to-maturity
securities

(Column Q)

9.a

risk-weighted assets in item 28 of Schedule HC-R,
Part II.
Holding Companies That Are Subject to the Market
Risk Capital Rule
The regulatory capital rules require all holding companies with significant market risk to measure their market
risk exposure and hold sufficient capital to mitigate this
exposure. In general, a holding company is subject to the
Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

market risk capital rule if its consolidated trading activity, defined as the sum of trading assets and liabilities as
reported in its FR Y9-C for the previous quarter, equals:(1)
10 percent or more of the holding company’s total assets
as reported in its FR Y-9C for the previous quarter, or (2)
$1 billion or more. However, the Federal Reserve may
exempt or include the holding company if necessary or
appropriate for safe and sound banking practices.
A holding company that is subject to the market risk
capital rule must hold capital to support its exposure to
general market risk arising from fluctuations in interestrates, equity prices, foreign exchange rates, and commodity prices and its exposure to specific risk associated
with certain debt and equity positions.
A covered position is a trading asset or trading liability
(whether on- or off-balance sheet), as reported on Schedule HC-D, that is held for any of the following reasons:
(1) For the purpose of short-term resale;
(2) With the intent of benefiting from actual or expected
short-term price movements;
(3) To lock in arbitrage profits; or
(4) To hedge another covered position.
Covered positions include all positions in a holding
company’s trading account and foreign exchange and
commodity positions, whether or not in the trading
account. Covered positions generally should not be riskweighted as part of the holding company’s gross credit
risk-weighted assets. However, foreign exchange positions that are outside of the trading account and all
over-the-counter (OTC) derivatives as well as cleared
transactions and unsettled transactions continue to have a
counterparty credit risk capital charge. Those positions
are included in both gross risk-weighted assets for credit
risk and the holding company’s covered positions for
market risk.
Additionally, the trading asset or trading liability must be
free of any restrictive covenants on its tradability or the
holding company must be able to hedge the material risk
elements of the trading asset or trading liability in a
two-way market. A covered position also includes a
foreign exchange or commodity position, regardless of
whether the position is a trading asset or trading liability
(excluding structural foreign currency positions if supervisory approval has been granted to exclude such positions).
FR Y-9C
Schedule HC-R

December 2015

A covered position does not include:
(1) An intangible asset (including any servicing asset);
(2) A hedge of a trading position that is outside the scope
of the holding company’s hedging strategy (required
by the market risk capital rule);
(3) Any position that, in form or substance, acts as a
liquidity facility that provides support to assetbacked commercial paper;
(4) A credit derivative recognized as a guarantee for
risk-weighted asset calculation purposes under the
regulatory capital rules for credit risk;
(5) An equity position that is not publicly traded (other
than a derivative that references a publicly traded
equity);
(6) A position held with the intent to securitize; or
(7) A direct real estate holding.
A holding company subject to the market risk capital rule
must maintain an overall minimum 8.0 percent ratio of
total qualifying capital (the sum of Tier 1 capital and Tier
2 capital, net of all deductions) to the sum of riskweighted assets and market risk-weighted assets. Holding companies should refer to the regulatory capital rules
for specific instructions on the calculation of the measure
for market risk.
Balance Sheet Asset Categories
Treatment of Embedded Derivatives - If a holding company has a hybrid contract containing an embedded
derivative that must be separated from the host contract
and accounted for as a derivative instrument under ASC
Topic 815, Derivatives and Hedging (formerly FASB
Statement No. 133, ‘‘Accounting for Derivative Instruments and Hedging Activities,’’ as amended), then the
host contract and embedded derivative should be treated
separately for risk-based capital purposes. When the fair
value of the embedded derivative has been reported as
part of the holding company’s assets on Schedule HC Balance Sheet, that fair value (whether positive or negative) should be reported (as a positive or negative number) in column B of the corresponding asset category
item in Schedule HC-R, Part II (items 1 to 8). The host
contract, if an asset, should be risk weighted according to
the obligor or, if relevant, the guarantor or the nature of
HC-R-51

Schedule HC-R

the collateral. All derivative exposures should be riskweighted in the derivative items of Schedule HC-R, Part
II, as appropriate (items 20 or 21).
Reporting Exposures Hedged with Cleared Eligible
Credit Derivatives
Holding companies are able to obtain full or partial
protection for (i.e., “hedge”) on-balance sheet assets or
off-balance sheet items using credit derivatives that are
cleared through a qualified central counterparty (QCCP)
or a central counterparty (CCP) that is not a QCCP. In
some cases, a cleared credit derivative used for this
purpose meets the definition of an eligible credit derivative in §.2 of the regulatory capital rules. In these cases,
under §.36 of the regulatory capital rules, a holding
company that is a clearing member or a clearing member
client may recognize the credit risk mitigation benefits of
the eligible credit derivative. More specifically, the risk
weight of the underlying exposure (e.g., 20 percent, 50
percent, or 100 percent) may be replaced with the risk
weight of the CCP or QCCP as the protection provider if
the credit derivative is an eligible credit derivative, is
cleared through a CCP or a QCCP, and meets the
applicable requirements under §.35 and §.36 of the
regulatory capital rules. The risk weight for an eligible
credit derivative cleared through a QCCP is 2 percent or
4 percent, based on conditions set forth in the rules. The
risk weight for an eligible credit derivative cleared
through a CCP is determined according to §.32 of the
regulatory capital rules. In addition, the coverage amount
provided by an eligible credit derivative must be adjusted
downward under certain conditions as described in §.36
of the regulatory capital rules.
If a clearing member holding company or clearing member client holding company has obtained full or partial
protection for an on-balance sheet asset or off-balance
sheet item using a cleared eligible credit derivative
cleared through a QCCP, the holding company may, but
is not required to, recognize the benefits of this eligible
credit derivative in determining the risk-weighted asset
amount for the hedged exposure in Schedule HC-R, Part
II, by reporting the protected exposure amounts and
credit equivalent amounts in the 2 percent or 4 percent
risk-weight category, as appropriate under the regulatory
capital rules. Any amount of the exposure that is not
covered by the eligible credit derivative should be
reported in the risk-weight category corresponding to the
risk weight of the underlying exposure. For example, for
HC-R-52

an asset with a $200 exposure amount fully covered by
an eligible credit derivative cleared through a QCCP that
qualifies for a 2 percent risk weight, the holding company
would report the $200 exposure amount in Column
D–2% risk weight for the appropriate asset category.
Treatment of FDIC Loss-Sharing Agreements - Losssharing agreements entered into by the FDIC with acquirers of assets from failed institutions are considered
conditional guarantees for risk-based capital purposes
due to contractual conditions that acquirers must meet.
The guaranteed portion of assets subject to a loss-sharing
agreement may be assigned a 20 percent risk weight.
Because the structural arrangements for these agreements
vary depending on the specific terms of each agreement,
holding companies should consult with their Federal
Reserve Bank to determine the appropriate risk-based
capital treatment for specific loss-sharing agreements.
Allocated Transfer Risk Reserve (ATRR) - If the reporting holding company is required to establish and maintain an ATRR as specified in Section 905(a) of the
International Lending Supervision Act of 1983, the
ATRR should be reported in Schedule HC-R, Part II, item
30. The ATRR is not eligible for inclusion in either tier 1
or tier 2 capital.
Any ATRR related to loans and leases held for investment is included on the balance sheet in Schedule HC,
item 4(c), ‘‘Allowance for loan and lease losses,’’ and
separately disclosed in Schedule HI-B, part II, Memorandum item 1. However, if the holding company must
maintain an ATRR for any asset other than a loan or lease
held for investment, the balance sheet category for that
asset should be reported net of the ATRR on Schedule
HC. In this situation, the ATRR should be reported as a
negative number (i.e., with a minus (-) sign) in column B,
‘‘Adjustments to totals reported in Column A,’’ of the
corresponding asset category in Schedule HC-R, Part II,
items 1 through 4 and 7 through 9. The amount to be
risk-weighted for this asset in columns C through Q, as
appropriate, would be its net carrying value plus the
ATRR. For example, a holding company has a held-tomaturity security issued by a foreign commercial company against which it has established an ATRR of $20.
The security, net of the ATRR, is included in Schedule
HC, item 2(a), ‘‘Held-to-maturity securities,’’ at $80. The
security should be included in Schedule HC-R, Part II,
item 2(a), column A, at $80. The holding company
Schedule HC-R

FR Y-9C
March 2017

Schedule HC-R

should include $-20 in Schedule HC-R, Part II, item 2(a),
column B, and $100 in item 2(a), column I.
Item Instructions for Part II
Balance Sheet Asset Categories
Item No.
1

Caption and Instructions
Cash and balances due from depository
institutions. Report in column A the amount
of cash and balances due from depository
institutions reported in Schedule HC, sum of
items 1(a) and 1(b), excluding those balances
due from depository institutions that qualify
as securitization exposures as defined in §.2
of the regulatory capital rules.

The amount of those balances due from depository
institutions reported in Schedule HC, items 1(a)
and 1(b) that qualify as securitization exposures
must be reported in Schedule HC-R, Part II, item
9(d), column A.
• In column C-0% risk weight, include:
o The amount of currency and coin reported in
Schedule HC, item 1(a);
o Any balances due from Federal Reserve Banks
reported in Schedule HC, item 1(b); and
o The insured portions of deposits in FDICinsured depository institutions and NCUAinsured credit unions reported in Schedule HC,
items 1(a) and 1(b).
• In column G-20% risk weight, include:
o Any balances due from depository institutions
and credit unions that are organized under the
laws of the United States or a U.S. state
reported in Schedule HC, items 1(a) and 1(b),
in excess of any applicable FDIC or NCUA
deposit insurance limits for deposit exposures
or where the depository institutions are not
insured by either the FDIC or the NCUA;
o Any balances due from Federal Home Loan
Banks reported in Schedule HC, items 1(a) and
1(b); and
o The amount of cash items in the process of
collection reported in Schedule HC, item 1(a).
FR Y-9C
Schedule HC-R

December 2015

• In column I -100% risk weight, include all other
amounts that are not reported in columns C
through Q.
• Cash and balances due from depository institutions that must be risk-weighted according to the
Country Risk Classification (CRC) methodology
o In column C-0% risk weight; column G-20%
risk weight; column H-50% risk weight; column I-100% risk weight; column J-150% risk
weight. Assign these exposures to risk weight
categories based on the CRC methodology
described above in the General Instructions for
Part II. Include:
o The amounts reported in Schedule HC, items
1(a) and 1(b), composed of balances due from
foreign banks;
o Any balances due from foreign central banks.
If the reporting holding company is the correspondent
holding company in a pass-through reserve balance relationship, report in column C the amount of its own
reserves as well as those reserve balances actually passed
through to a Federal Reserve Bank on behalf of its
respondent depository institutions.
If the reporting holding company is the respondent
holding company in a pass-through reserve balance relationship, report in column C the amount of the holding
company’s reserve balances due from its correspondent
holding company or bank that its correspondent has
actually passed through to a Federal Reserve Bank on the
reporting holding company’s behalf, i.e., for purposes of
this item, treat these balances as balances due from a
Federal Reserve Bank. This treatment differs from that
required in Schedule HC-A, item 2, ‘‘Balances due from
depository institutions in the U.S.,’’ which treats passthrough reserve balances held by a bank’s correspondent
as balances due from a depository institution as opposed
to balances due from the Federal Reserve.
If the reporting holding company is a participant in an
excess balance account at a Federal Reserve Bank, report
in column C the holding company’s balance in this
account.
If the reporting holding company accounts for any holdings of certificates of deposit (CDs) like available-forsale debt securities that do not qualify as securitization
exposures, report in column A the fair value of such CDs.
HC-R-53

Schedule HC-R

If the holding company has made the Accumulated Other
Comprehensive Income opt out election in Schedule
HC-R, Part I, item 3(a), include in column B the difference between the fair value and amortized cost of these
CDs. When fair value exceeds amortized cost, report the
difference as a positive number in column B. When
amortized cost exceeds fair value, report the difference as
a negative number (i.e., with a minus (-) sign) in column
B. Risk weight the amortized cost of these CDs in
columns C through J, as appropriate.
2

Securities (excluding securitization exposures). Do not include securities that qualify
as securitization exposures in items 2(a) and
2(b) below; instead, report these securities in
Schedule HC-R, Part II, items 9(a) and 9(b).
In general, under the regulatory capital rules,
securitizations are exposures that are
‘‘tranched’’ for credit risk. Refer to the definitions of securitization, traditional securitization, synthetic securitization and tranche in
§.2 of the regulatory capital rules.

2(a)

Held-to-maturity securities. Report in column A the amount of held-to-maturity (HTM)
securities reported in Schedule HC, item 2(a),
excluding those HTM securities that qualify
as securitization exposures as defined in §.2
of the regulatory capital rules.
The amount of those HTM securities reported
in Schedule HC, item 2(a), that qualify as
securitization exposures are to be reported in
Schedule HC-R, Part II, item 9(a), column A.
The sum of Schedule HC-R, Part II, items
2(a) and 9(a), column A, must equal Schedule
HC, item 2(a).
Exposure amount to be used for purposes of
risk weighting - holding company cannot or
has not made the Accumulated Other Comprehensive Income (AOCI) opt-out election in
Schedule HC-R, Part I, item 3(a): For a
security classified as held-to-maturity where
the holding company cannot or has not made
the AOCI opt-out election (i.e., most AOCI is
included in regulatory capital), the exposure
amount to be risk weighted by the holding
company is the carrying value of the security,
which is the value of the asset reported (a) on
the balance sheet of the holding company

HC-R-54

determined in accordance with GAAP and (b)
in Schedule HC-R, Part II, item 2(a), column A.
Exposure amount to be used for purposes of
risk weighting - holding company has made
the AOCI opt-out election in Schedule HC-R,
Part I, item 3(a): For a security classified as
held-to-maturity where the holding company
has made the AOCI opt-out election (i.e.,
most AOCI is not included in regulatory
capital), the exposure amount to be risk
weighted by the holding company is the carrying value of the security reported (a) on the
balance sheet of the holding company and (b)
in Schedule HC-R, Part II, item 2(a), column
A, less any net unrealized gain on the exposure plus any net unrealized loss on the
exposure included in AOCI. For purposes of
determining the exposure amount of an HTM
security, an unrealized gain (loss), if any, on
such a security that is included in AOCI is (i)
the unamortized balance of the unrealized
gain (loss) that existed at the date of transfer
of a debt security transferred into the held-tomaturity category from the available for sale
category, or (ii) the unaccreted portion of
other-than-temporary impairment losses on
an HTM debt security that was not recognized
in earnings in accordance with ASC Topic
320, Investments-Debt and Equity Securities
(formerly FASB Statement No. 115,
‘‘Accounting for Certain Investments in Debt
and Equity Securities’’). Thus, for an HTM
security with such an unrealized gain (loss),
report in column B any difference between the
carrying value of the security reported in
column A of this item and its exposure
amount reported under the appropriate risk
weighting column C through J.
• In column B, include the amount of:
o Non-significant investments in tier 2 capital of
unconsolidated financial institutions that are
reported in Schedule HC, item 2.a, and have
been deducted from capital in Schedule HC-R,
Part I, item 33.
o Significant investments in the capital of unconsolidated financial institutions in the form of
Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

tier 2 capital that are reported in Schedule HC,
item 2.a, and have been deducted from capital
in Schedule HC-R, Part I, item 33.
• In column C-0% risk weight. The zero percent
risk weight applies to exposures to the U.S.
government, a U.S. government agency, or a
Federal Reserve Bank, and those exposures otherwise unconditionally guaranteed by the U.S.
government. Include exposures to or unconditionally guaranteed by the FDIC or the NCUA.
Certain foreign government exposures and certain entities listed in §.32 of the regulatory
capital rules may also qualify for the zero percent risk weight. Include the exposure amounts
of securities reported in Schedule HC-B, column
A, that do not qualify as securitization exposures
that qualify for the zero percent risk weight.
Such securities may include portions of, but may
not be limited to:
o Item 1, ‘‘U.S. Treasury securities,’’
o Item 2, Those obligations ‘‘issued by U.S.
Government agencies,’’
o Item 4(a)(1), Residential mortgage passthrough securities ‘‘Guaranteed by GNMA,’’
o Item 4(b)(1), those other residential mortgagebacked securities issued or guaranteed by U.S.
Government agencies, such as GNMA exposures,
o Item 4(c)(1)(a), those commercial MBS
‘‘Issued or guaranteed by FNMA, FHLMC, or
GNMA’’ that represent GNMA securities, and
o Item 4(c)(2)(a), those commercial mortgagebacked securities (MBS) ‘‘Issued or guaranteed by U.S. Government agencies or sponsored agencies’’ that represent GNMA
securities.
o The portion of any exposure reported in Schedule HC, item 2(a), that is secured by collateral
or has a guarantee that qualifies for the zero
percent risk weight.
• In column G-20% risk weight. The 20 percent
risk weight applies to general obligations of U.S.
states, municipalities, and U.S. public sector
entities. It also applies to exposures to U.S.
depository institutions and credit unions, expoFR Y-9C
Schedule HC-R

June 2018

sures conditionally guaranteed by the U.S. government, as well as exposures to U.S.
government-sponsored enterprises. Certain foreign government and foreign bank exposures
may qualify as indicated in §.32 of the regulatory
capital rules. Include the exposure amounts of
securities reported in Schedule HC-B, Column
A, that do not qualify as securitization exposures
that qualify for the 20 percent risk weight. Such
securities may include portions of, but may not
be limited to:
o Item 2, This obligations ‘‘issued by U.S.
Government-sponsored agencies,’’
o Item 3, ‘‘Securities issued by states and political subdivisions in the U.S.’’ that represent
general obligation securities,
o Item 4(a)(2), Residential mortgage passthrough securities ‘‘Issued by FNMA and
FHLMC,’’
o Item 4(b)(1), Other residential mortgagebacked securities ‘‘Issued or guaranteed by
U.S. Government agencies or sponsored agencies,’’
o Item 4(c)(1)(a), those commercial MBS
‘‘Issued or guaranteed by FNMA, FHLMC, or
GNMA’’ that represent FHLMC and FNMA
securities,
o Item 4(c)(2)(a), those commercial MBS
‘‘Issued or guaranteed by U.S. Government
agencies or sponsored agencies’’ that represent
FHLMC and FNMA securities,
o Item 4(b)(2), Other residential mortgagebacked securities ‘‘Collateralized by MBS
issued or guaranteed by U.S. Government
agencies or sponsored agencies’’, and
o Any securities categorized as ‘‘structured financial products’’ on Schedule HC-B that are not
securitization exposures and qualify for the 20
percent risk weight. Note: Many of the structured financial products would be considered
securitization exposures and must be reported
in Schedule HC-R, Part II, item 9(a) for purposes of calculating risk weighted assets.
o The portion of any exposure reported in Schedule HC, item 2(a), that is secured by collateral
HC-R-55

Schedule HC-R

or has a guarantee that qualifies for the 20
percent risk weight.

that represent residential mortgage exposures
that qualify for the 100 percent risk weight,

• In column H-50% risk weight, include the exposure amounts of securities reported in Schedule
HC-B, column A, that do not qualify as securitization exposures that qualify for the 50 percent
risk weight. Such securities may include portions
of, but may not be limited to:

o Item 4(b)(2), Other residential mortgagebacked securities ‘‘Collateralized by MBS
issued or guaranteed by U.S. Government
agencies or sponsored agencies’’ (excludes
portions subject to an FDIC loss-sharing agreement), that represent residential mortgage
exposures that qualify for the 100 percent risk
weight,

o Item 3, ‘‘Securities issued by states and political subdivisions in the U.S.,’’ that represent
revenue obligation securities,
o Item 4(a)(3), ‘‘Other pass-through securities,’’
that represent residential mortgage exposures
that qualify for 50 percent risk weight. (Passthrough securities that do not qualify for 50
percent risk weight should be assigned to the
100 percent risk weight category.)
o Item 4(b)(2), Other residential mortgagebacked securities ‘‘Collateralized by MBS
issued or guaranteed by U.S. Government
agencies or sponsored agencies’’ (excluding
portions subject to an FDIC loss-sharing agreement and interest-only securities) that represent residential mortgage exposures that qualify
for 50 percent risk weight, and
o Item 4(b)(3), ‘‘All other residential MBS.’’
Include only those MBS that qualify for 50
percent risk weight. Refer to §.32(g), (h) and
(i) of the regulatory capital rules. Note: do not
include MBS portions that are tranched for
credit risk; those must be reported as securitization exposures in Schedule HC-R, Part II,
item 9(a). Exclude interest-only securities.
o The portion of any exposure reported in Schedule HC, item 2(a), that is secured by collateral
or has a guarantee that qualifies for the 50
percent risk weight.
• In column I-100% risk weight, include the exposure amounts of securities reported in Schedule
HC-B, column A, that do not qualify as securitization exposures that qualify for the 100 percent
risk weight. Such securities may include portions
of, but may not be limited to:,
o Item 4(a)(3), ‘‘Other pass-through securities,’’
HC-R-56

o Item 4(b)(3), ‘‘All other residential MBS.’’
Include only those MBS that qualify for the
100 percent risk weight. Refer to §.32(g), (h)
and (i) of the regulatory capital rules. (Note:
do not include MBS that are tranched for
credit risk; those should be reported as securitization exposures in Schedule HC-R, Part II,
item 9(a)),
o Item 4(c)(1)(b), ‘‘Other pass-through securities,’’
o Item 4(c)(2)(b), ‘‘All other commercial MBS,’’
o Item 5(a), ‘‘Asset-backed securities,’’ and
o Any securities reported as ‘‘structured financial products’’ in Schedule HC-B, item 5(b),
that are not securitization exposures and qualify
for the 100 percent risk weight. Note: Many of
the structured financial products would be
considered securitization exposures and must
be reported in Schedule HC-R, Part II, item
9(a), for purposes of calculating risk weighted
assets.
o Also include all other HTM securities that do
not qualify as securitization exposures reported
in Schedule HC, item 2(a), that are not included
in columns C through through J.
o The portion of any exposure reported in Schedule HC, item 2(a), that is secured by collateral
or has a guarantee that qualifies for the 100
percent risk weight.
• In column J-150% risk weight, include the exposure amounts of securities reported in Schedule
HC-B, column A, that are past due 90 days or
more or in nonaccrual status (except sovereign
exposures), excluding those portions that are
Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

covered by qualifying collateral or eligible guarantees as described in §.37 and §.36, respectively, of the regulatory capital rule.
• Held-to-maturity securities that must be riskweighted according to the Country Risk Classification (CRC) methodology
o In column C-0% risk weight; column G-20%
risk weight; column H-50% risk weight; column I-100% risk weight; column J-150% risk
weight. Assign these exposures to risk weight
categories based on the CRC methodology
described above in the General Instructions
for Part II. Include the exposure amounts of
those securities reported in Schedule HC-B,
column A, that are directly and unconditionally guaranteed by foreign central governments or are exposures to foreign banks that
do not qualify as securitization exposure. Such
securities may include portions of, but may not
be limited to:
o Item 4(a)(3), ‘‘Other pass-through securities,’’
o Item 4(b)(3), ‘‘All other residential MBS,’’
o Item 4(c)(1)(b), ‘‘Other pass-through securities,’’
o Item 4(c)(2)(b), ‘‘All other commercial MBS,’’
o Item 5(a), ‘‘Asset-backed securities,’’
o Any securities reported as ‘‘structured financial products’’ in Schedule HC-B, item 5(b),
that are not securitization exposure. Note:
Many of the structured financial products
would be considered securitization exposures
and reported in Schedule HC-R, Part II, item
9(a) for purposes of calculating risk weighted
assets, and
o Item 6(b), ‘‘Other foreign debt securities.’’
2(b)

Available-for-sale debt securities and equity
securities with readily determinable fair
values not held for trading. For holding
companies that have not adopted ASU 201601, which includes provisions governing the
accounting for investments in equity securities, including investments in mutual funds,
and eliminates the concept of available-forsale (AFS) equity securities (see the Note
preceding the instructions for Schedule HC,

FR Y-9C
Schedule HC-R

March 2018

item 2(c)), report in column A the fair value
of AFS debt and equity securities reported in
Schedule HC, item 2(b), excluding those
AFS securities that qualify as securitization
exposures as defined in §2 of the regulatory
capital rules The fair value of those AFS
securities reported in Schedule HC, item 2(b),
that qualify as securitization exposures must
be reported in Schedule HC-R, Part II, item
9(b), column A. The sum of Schedule HC-R,
Part II, items 2(b) and 9(b), column A, must
equal Schedule HC, item 2(b).
For holding companies that have adopted
ASU 2016-10, report in column A the sum
of:
(1) The fair value of AFS debt securities
reported in Schedule HC item 2(b); and
(2) The fair value of equity securities with
readily determinable fair values not held
for trading reported in Schedule HC,
item 2(c);
excluding those debt and equity securities
that qualify as secularization exposures as
defined in §.2 of the regulatory capital rules.
Exposure amounts to be used for purposes of
risk weighting by a holding company that
cannot or has not made the Accumulated
Other Comprehensive Income (AOCI) optout election in Schedule HC-R, Part I, item
3(a):
For a security reported in Schedule HC-R,
Part II, item 2(b), column A where the holding company cannot or has not made the
AOCI opt-out election (i.e., most AOCI is
included in regulatory capital), the exposure
amount to be risk-weighted by holding company is:
• For debt securities: the carrying value,
which is the value of the asset reported
on the balance sheet of the holding company determined in accordance with
GAAP (i.e., the fair value of the availablefor-sale debt security) and in column A.
• For equity securities and preferred
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Schedule HC-R

stock classified as an equity under
GAAP: the adjusted carrying value.23

GAAP with readily determinable fair
values: the adjusted carrying value.23a

Exposure amounts to be used for purposes
of risk weighting by a holding company
that has made the AOCI opt-out election in
Schedule HC-R, Part I, item 3(a):

• In column B, a holding company that has
made the AOCI opt-out election should
include the difference between the fair
value and amortized cost of those AFS
debt securities that do not qualify as
securitization exposures. This difference
equals the amounts reported in Schedule
HC-B, items 1 through 6, column D,
minus items 1 through 6, column C, for
those AFS debt securities included in
these items that are not securitization
exposures.

For institutions that have not adopted ASU
2016-01, for a security classified as
available-for-sale where the holding company has made the AOCI opt-out election
(i.e., most AOCI is not included in regulatory capital), the exposure amount to be
risk weighted by the holding company is:
• For debt securities: the carrying value,
less any net unrealized gains on the exposure plus any net realized loss on the
exposure included in AOCI.
• For equity securities and preferred
stock classified as an equity under
GAAP: the carrying value less any net
unrealized gains that are reflected in such
carrying value but are excluded from the
holding company’s regulatory capital
components.
For holding companies that have adopted
ASU 2016-01, for a security reported in
Schedule HC-R, Part II, item 2(b) column
A, where the holding company has made
the AOCI opt-out election (i.e., most AOCI
is not included in regulatory capital), the
exposure amount to be risk weighted by the
holding company is:
• For a debt security: the carrying value,
less any unrealized gain on the exposure
or plus any unrealized loss on the exposure included in AOCI.
• For equity securities and preferred
stock classified as an equity under
23. Adjusted carrying value applies only to equity exposures and is
defined in §.51 of the regulatory capital rules. In general, it includes an
on-balance sheet amount as well as application of conversion factors to
determine on-balance sheet equivalents of any off-balance sheet commitments to acquire equity exposures. For holding companies that cannot or
have not made the AOCI opt-out election, the on-balance sheet component
is equal to the carrying value. Refer to §.51 for the precise definition.

HC-R-58

o When fair value exceeds cost, report the difference as a positive number in Schedule HC-R,
Part II, item 2(b), column B.
o When cost exceeds fair value, report the difference as a negative number (i.e., with a minus
(-) sign) in Schedule HC-R, Part II, item 2(b),
column B.
• In column B, for a holding company that has
made the AOCI opt-out election and has not
adopted ASU 2016-01:
o If AFS equity securities with readily determinable fair values have a net unrealized gain (i.e.,
Schedule HC-B, item 7, column D, exceeds
item 7, column C), the portion of the net
unrealized gain (55 percent or more) not
included in Tier 2 capital should be included
in Schedule HC-R, Part II, item 2(b), column
B The portion that is not included in Tier 2
capital equals Schedule HC-B, item 7, column
D minus column C, minus Schedule HC-R,
Part I, item 31.

23a. Adjusted carrying value applies only to equity exposures and is
defined in §.51 of the regulatory capital rules. In general, it includes an
on-balance sheet amount as well as application of conversion factors to
determine on-balance sheet equivalents of any off-balance sheet commitments to acquire equity exposures. For holding companies that have made
the AOCI opt-out election, the adjusted carrying value of an on-balance
sheet equity exposure, such as an equity security with a readily determinable fair value not held for trading, is equal to the carrying value of the
equity exposure, i.e., the value of the asset on the balance sheet determined
in accordance with U.S. GAAP. Refer to §.51 for the precise definition.

Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

Example: A holding company reports an AFS
debt security that is a not a securitization exposure on its balance sheet in Schedule HC, item
2(b), at a carrying value (i.e., fair value) of $105.
The amortized cost of the debt security is $105.
The holding company has made the AOCI optout election in Schedule HC-R, Part I, item 3(a).
The AFS debt security has a $5 unrealized gain
that is included in AOCI In Schedule HC-R, Part
II, item 2(b), the holding company would report:
o $105 in column A. This is the carrying value
of the AFS debt security on the bank’s balance
sheet.
o $5 in column B. This is the difference between
the carrying value (i.e., fair value) of the debt
security and its exposure amount that is subject to risk-weighting. For holding companies
that has made the AOCI opt-out election,
column B will typically represent the amount
of the unrealized gain or unrealized loss on the
security. Gains are reported as positive numbers; losses as negative numbers. (Note: if the
holding company has not made or cannot
make the AOCI opt-out election, there will not
be an adjustment to be reported in column B.)
o $100 is the exposure amount subject to risk
weight loss. This amount will be reported
under the appropriate risk weight associated
with the exposure (columns C through J). For
holding companies that have made AOCI optout election, the exposure amount typically
will be the carrying value (i.e., fair value) of
the debt security excluding any unrealized
gain or loss.
• In column B, for a holding company that has
made the AOCI opt-out election and has adopted
ASU 2016-01, no amount should be included for
equity securities and preferred stock classified as
an equity under GAAP with readily determinable fair values that are reported in Schedule
HC-R, Part II, item 2(b), column A.
• In column B, include the amount of:
o Non-significant investments in the capital of
unconsolidated financial institutions that are
reported in Schedule HC, item 2(b) (for a
holding company that has not adopted ASU
FR Y-9C
Schedule HC-R

March 2018

2016-01) or item 2(c) (for a holding company
that has adopted ASU 2016-01), and have
been deducted from capital in Schedule HC-R,
Part I, item 11, item 24, and item 33.
o Significant investments in the capital of unconsolidated financial institutions not in the form
of common stock that are reported in Schedule
HC, item 2(b) (for a holding company that has
not adopted ASU 2016-01) or item 2(c) (for a
holding company that has adopted ASU 201601), and have been deducted from capital in
Schedule HC-R, Part I, item 24 and item 33.
o Significant investments in the capital of unconsolidated financial institutions in the form of
common stock reported Schedule HC, item
2(b) (for a holding company that has not
adopted ASU 2016-01) or item 2(c) (for a
holding company that has adopted ASU 201601), that are subject to the 10 percent and 15
percent common equity tier 1 capital threshold
limitations and have been deducted for riskbased capital purposes in Schedule HC-R, Part
I, items 13 and 16.
• In column C-0% risk weight, the zero percent
risk weight applies to exposures to the U.S.
government, a U.S. government agency, or a
Federal Reserve Bank, and those exposures otherwise unconditionally guaranteed by the U.S.
government. Include exposures to or unconditionally guaranteed by the FDIC or the NCUA.
Certain foreign government exposures and certain entities listed in §.32 of the regulatory
capital rules may also qualify for zero percent
risk weight. Include the exposure amounts of
those debt securities reported in Schedule HC-B,
column C, that do not qualify as securitization
exposures that qualify for the zero percent risk
weight. Such debt securities may include portions of, but may not be limited to:
o Item 1, ‘‘U.S. Treasury securities,’’
o Item 2(a), Securities ‘‘Issued by U.S. Government agencies,’’
o Item 4(a)(1), Residential mortgage passthrough securities ‘‘Guaranteed by GNMA,’’
o Portions of item 4(b)(1), Other residential
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Schedule HC-R

mortgage-backed securities ‘‘Issued or guaranteed by U.S. Government agencies or sponsored agencies,’’ such as GNMA exposures,
o Item 4(c)(1)(a), certain portions of commercial
MBS ‘‘Issued or guaranteed by FNMA,
FHLMC, or GNMA’’ that represent GNMA
securities, and
o Item 4(c)(2)(a), certain portions of commercial
MBS ‘‘Issued or guaranteed by U.S. Government agencies or sponsored agencies’’ that
represent GNMA securities.
o The portion of any exposure reported in Schedule HC, item 2(b), that is secured by collateral
or has a guarantee that qualifies for the zero
percent risk weight.
• In column G-20% risk weight, the 20 percent risk
weight applies to general obligations of U.S.
states, municipalities, and U.S. public sector
entities. It also applies to exposures to U.S.
depository institutions and credit unions, exposures conditionally guaranteed by the U.S. government, as well as exposures to U.S. government sponsored enterprises. Certain foreign
government and foreign bank exposures may
qualify for the 20 percent risk weight as indicated in §.32 of the regulatory capital rules.
Include the exposure amounts of those debt
securities reported in Schedule HC-B, Column
C, that do not qualify as securitization exposures
that qualify for the 20 percent risk weight. Such
debt securities may include portions of, but may
not be limited to:
o Item 2(b), Securities ‘‘Issued by U.S.
Government-sponsored agencies’’ (exclude
interest-only securities),
o Item 3, ‘‘Securities issued by states and political subdivisions in the U.S.’’ that represent
general obligation securities,
o Item 4(a)(2), Residential mortgage passthrough securities ‘‘Issued by FNMA and
FHLMC’’ (exclude interest-only securities),
o Item 4(b)(1), Other residential mortgagebacked securities ‘‘Issued or guaranteed by
U.S. Government agencies or sponsored agencies’’ (exclude interest-only securities),
HC-R-60

o Item 4(c)(1)(a), those commercial MBS
‘‘Issued or guaranteed by FNMA, FHLMC, or
GNMA’’ that represent FHLMC and FNMA
securities (exclude interest-only securities),
o Item 4(c)(2)(a), those commercial MBS
‘‘Issued or guaranteed by U.S. Government
agencies or sponsored agencies’’ that represent
FHLMC and FNMA securities (exclude
interest-only securities),
o Item 4(b)(2), Other residential mortgagebacked securities ‘‘Collateralized by MBS
issued or guaranteed by U.S. Government
agencies or sponsored agencies’’(exclude
interest-only securities), and
o Any securities categorized as ‘‘structured financial products’’ on Schedule HC-B that are not
securitization exposures and qualify for the 20
percent risk weight. Note: Many of the structured financial products would be considered
securitization exposures and must be reported
in Schedule HC-R, Part II, item 9(b), for
purposes of calculating risk-weighted assets.
Exclude interest-only securities.
o The portion of any exposure reported in Schedule HC, item 2(b), that is secured by collateral
or has a guarantee that qualifies for the 20
percent risk weight.
• In column H-50% risk weight, include the exposure amounts of those debt securities reported in
Schedule HC-B, column C, that do not qualify as
securitization exposures that qualify for the 50
percent risk weight. Such debt securities may
include portions of, but may not be limited to:
o Item 3, ‘‘Securities issued by states and political subdivisions in the U.S.,’’ that represent
revenue obligation securities,
o Item 4(a)(3), ‘‘Other pass-through securities,’’
that represent residential mortgage exposures
that qualify for the 50 percent risk weight.
(Pass-through securities that do not qualify for
the 50 percent risk weight should be assigned
to the 100 percent risk weight category.)
o Item 4(b)(2), Other residential mortgagebacked securities ‘‘Collateralized by MBS
issued or guaranteed by U.S. Government
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

agencies or sponsored agencies’’ (exclude portions subject to an FDIC loss-sharing agreement and interest-only securities) that represent residential mortgage exposures that qualify
for the 50 percent risk weight, and
o Item 4(b)(3), ‘‘All other residential MBS.’’
Include only those MBS that qualify for the 50
percent risk weight. Refer to §.32(g), (h) and
(i) of the regulatory capital rules. Note: do not
include MBS that are tranched for credit risk;
those should be reported as securitization
exposures in Schedule HC-R, Part II, item
9(b). Do not include interest-only securities.
o The portion of any exposure reported in Schedule HC, item 2(b), that is secured by collateral
or has a guarantee that qualifies for the 50
percent risk weight.
• In column I-100% risk weight, include the exposure amounts of debt securities reported in
Schedule HC-B, column C, that do not qualify as
securitization exposures that qualify for the 100
percent risk weight. Such debt securities may
include portions of, but may not be limited to:
o Item 4(a)(3), ‘‘Other pass-through securities,’’
that represent residential mortgage exposures
that qualify for the 100 percent risk weight,
o Item 4(b)(2), Other residential mortgagebacked securities ‘‘Collateralized by MBS
issued or guaranteed by U.S. Government
agencies or sponsored agencies’’ (excluding
portions subject to an FDIC loss-sharing agreement) that represent residential mortgage exposures that qualify for the 100 percent risk
weight,
o Item 4(b)(3), ‘‘All other residential MBS.’’
Include only those MBS that qualify for the
100 percent risk weight. Refer to §.32(g), (h)
and (i) of the regulatory capital rules. Note: do
not include MBS portions that are tranched for
credit risk; those should be reported as securitization exposures in Schedule HC-R, Part II,
item 9(b).
o Item 4(c)(1)(b), ‘‘Other pass-through securities,’’
o Item 4(c)(2)(b), ‘‘All other commercial MBS,’’
FR Y-9C
Schedule HC-R

March 2018

o Item 5(a), ‘‘Asset-backed securities,’’
o Any securities reported as ‘‘structured financial products’’ in Schedule HC-B, item 5(b),
that are not securitization exposures and qualify
for the 100 percent risk weight. Note: Many of
the structured financial products would be
considered securitization exposures and must
be reported in Schedule HC-R, Part II, item
9(b) for purposes of calculating risk weighted
assets.
o The portion of any exposure reported in Schedule HC, item 2(b), that is secured by collateral
or has a guarantee that qualifies for the 100
percent risk weight.
o All other AFS debt securities that do not
qualify as securitization exposures reported in
Schedule HC, item 2(b), that are not included
in columns C through H, J through N, or R.
o Also include in column I -100% risk weight
the exposure amounts of publicly traded equity
exposures with readily determinable fair values and equity exposures to investment funds
with readily determinable fair values (including mutual funds), to the extent that the aggregate carrying value of the holding company’s
equity exposures does not exceed 10 percent
of total capital. If the holding company’s
aggregate carrying value of equity exposures
is greater than 10 percent of total capital, the
holding company must report the exposure
amount of its equity exposures to investments
funds (including mutual funds) in column R
(and the risk-weighted asset amount of such
equity exposures in column S) and the exposure amount of its other equity exposures in
either columns L or N, as appropriate.
o In addition, for non-advanced approaches institutions, include in column I -100% risk weight
the portion of Schedule HC, item 2(b) for a
bank that has not adopted ASU 2016-01) or
item 2(c) (for a holding company that has
adopted ASU 2016-01), that represents the
adjusted carrying value of exposures that are
significant investments in the common stock
of unconsolidated financial institutions that are
HC-R-61

Schedule HC-R

not deducted from capital. For further information on the treatment of equity exposures, refer
to §.51 to §.53 of the regulatory capital rules.
o For non-advanced approaches institutions,
include the portion of Schedule HC, item 2.b,
and that represents the adjusted carrying value
of exposures that are significant investments in
the common stock of unconsolidated financial
institutions that are not deducted from capital.
For further information on the treatment of
equity exposures, refer to §.51 to §.53 of the
regulatory capital rules.
• In column J-150% risk weight, include the exposure amounts of securities reported in Schedule
HC-B, column C, that are past due 90 days or
more or in nonaccrual status (except sovereign
exposures), excluding those portions that are
covered by qualifying collateral or eligible guarantees as described in §.37 and §.36, respectively, of the regulatory capital rules.
• In column K-250% risk weight, include the portion that does not qualify as a securitization
exposure of Schedule HC, item 2(b), (for a
holding company that has not adopted ASU
2016-01) or item 2(c) (for a holding company
that has adopted ASU 2016-01), that represents
the adjusted carrying value of exposures that are
significant investments in the common stock of
unconsolidated financial institutions that are not
deducted from capital. For further information
on the treatment of equity exposures, refer to
§.51 to §.53 of the regulatory capital rules. This
risk weight takes the effect only for advanced
approaches institutions in 2018, and therefore
this item is blocked from being completed until
that time. Before 2018, all institutions report
such significant investments in the 100 percent
risk weight category.
• In column L-300% risk weight,
o For a holding company that has not adopted
ASU 2016-01, for publicly traded AFS equity
securities with readily determinable fair values
reported in Schedule HC-B, item 7 (except
equity securities to investment firms), include
the fair value of these equity securities (as
reported in Schedule HC-B, item 7, column D)
if they have a net unrealized loss. If these
HC-R-62

equity securities have a net unrealized gain,
include their adjusted carrying value (as
reported in Schedule HC-B, item 7, column C)
plus the portion of the unrealized gain (up to
45 percent) included in tier 2 capital (as
reported in Schedule HC-R, Part I, item 31).
o For a holding company that has adopted ASU
2016-01, for publicly traded equity securities
with readily determinable fair values reported
in Schedule HC item 2(c) (except equity securities to investment firms), include the fair
value of these equity securities as reported in
Schedule HC, item 2(c).
• In column N-600% risk weight,
o For a holding company that has not adopted
ASU 2016-01, for publicly traded AFS equity
securities with readily determinable fair values
reported in Schedule HC-B, item 7 (except
equity securities to investment firms), include
the fair value of these equity securities (as
reported in Schedule HC-B, item 7, column D)
if they have a net unrealized loss. If these
equity securities have a net unrealized gain,
include their adjusted carrying value (as
reported in Schedule HC-B, item 7, column C)
plus the portion of the unrealized gain (up to
45 percent) included in tier 2 capital (as
reported in Schedule HC-R, Part I, item 31).
o For a holding company that has adopted ASU
2016-01, for equity securities to investment
firms with readily determinable fair values
reported in Schedule HC item 2(c), include the
fair value of these equity securities as reported
in Schedule HC, item 2(c).
• In columns R and S-Application of Other RiskWeighting Approaches, include the holding company’s equity exposures to investment funds
with readily determinable fair values (including
mutual funds) reported in Schedule HC, item
2(b) (for a holding company that has not adopted
ASU 2016-01) or item 2(c) (for a holding company that has adopted ASU 2016-01), if the
aggregate carrying value of the holding company’s equity exposures is greater than 10 percent of total capital. Report in column R the
exposure amount of these equity exposures to
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

investment funds. Report in column S the riskweighted asset amount of these equity exposures
to investment funds as measured under the full
look-through approach, the simple modified lookthrough approach, or the alternative modified
look-through approach as described in §.53 of
the regulatory capital rules. All three of these
approaches require a minimum risk weight of 20
percent. For further information, refer to the
discussion of ‘‘Treatment of Equity Exposures’’
in the General Instructions for Schedule HC-R,
Part II.
• Available-for-sale debt securities and equity
securities with readily determinable fair values
not held for trading that must be risk-weighted
according to the Country Risk Classification
(CRC) methodology:
• In column C-0% risk weight; column G-20% risk
weight; column H-50% risk weight; column
I-100% risk weight; column J-150% risk weight.
Assign these exposures to risk weight categories
based on the CRC methodology described above
in the General Instructions for Part II. Include
the exposure amounts of those securities reported
in Schedule HC, item 2(b) (for a holding company that has not adopted ASU 2016-01) or item
2(b) and 2(c) for a holding company that has
adopted ASU 2016-01), that are directly and
unconditionally guaranteed by foreign central
governments or are exposures on foreign banks
that do not qualify as securitization exposures.
Such securities may include portions of, but may
not be limited to:
o Item 4(a)(3), ‘‘Other pass-through securities,’’
o Item 4(b)(3), ‘‘All other residential MBS,’’
o Item 4(c)(1)(b), ‘‘Other pass-through securities,’’
o Item 4(c)(2)(b), ‘‘All other commercial MBS,’’
o Item 5(a), ‘‘Asset-backed securities,’’
o Any securities reported as ‘‘structured financial products’’ in Schedule HC-B, item 5(b),
that are not securitization exposures. Note:
Many structured financial products would be
considered securitization exposures and must
be reported in Schedule HC-R, Part II, item
FR Y-9C
Schedule HC-R

March 2018

9(b) for purposes of calculating risk weighted
assets,
o Item 6(b), ‘‘Other foreign debt securities,’’ and
o Item 7, ‘‘Investments in mutual funds and
other equity securities with readily determinable fair values’’ (for a holding company that
has not adopted ASU 2016-01) or Schedule
HC, item 2(c), ‘‘Equity securities with readily
determinable fair values not held for trading,’’
(for a holding company that has not adopted
ASU 2016-01).
3

Federal funds sold and securities purchased under agreements to resell.

3(a)

Federal funds sold (in domestic offices).
Report in column A the amount of federal
funds sold reported in Schedule HC, item
3(a), excluding those federal funds sold that
qualify as securitization exposures as defined
in §.2 of the regulatory capital rules. The
amount of those federal funds sold reported
in Schedule HC, item 3(a), that qualify as
securitization exposures are to be reported in
Schedule HC-R, Part II, item 9(d), column A
• In column C - 0% risk weight, include the
portion of Schedule HC, item 3(a), that is
directly and unconditionally guaranteed by
U.S. Government agencies. Also include
the portion of any exposure reported in
Schedule HC, item 3(a), that is secured by
collateral or has a guarantee that qualifies
for the zero percent risk weight.
• In column G - 20% risk weight, include
exposures to U.S. depository institution
counterparties. Also include the portion of
any exposure reported in Schedule HC,
item 3(a), that is secured by collateral or
has a guarantee that qualifies for the 20
percent risk weight.
• In column H - 50% risk weight, include
exposures reported in Schedule HC, item
3(a), that is secured by collateral or has a
guarantee that qualifies for the 50 percent
risk weight.
• In column I - 100% risk weight, include
exposures to non-depository institution
HC-R-63

Schedule HC-R

counterparties that lack qualifying collateral (refer to the regulatory capital rules for
specific criteria. Also include the amount
of federal funds sold reported in Schedule
HC, item 3(a), that are not included in
columns C through J. Also include the
portion of any exposure reported in Schedule HC, item 3(a), that is secured by collateral or has a guarantee that qualifies for the
100 percent risk weight.
• Federal funds sold that must be riskweighted according to the Country Risk
Classification (CRC) methodology
o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described
above in the General Instructions for
Part II. Include:
o The portion of Schedule HC, item 3(a),
that is directly and unconditionally guaranteed by foreign central governments
and exposures to foreign banks.
3(b)

Securities purchased under agreements to
resell. Report in columns A and B the amount
of securities purchased under agreements to
resell (securities resale agreements, i.e.,
reverse repos) reported in Schedule HC, item
3(b), excluding those securities resale agreements that qualify as securitization exposures
as defined in §.2 of the regulatory capital
rules. The amount of those securities resale
agreements reported in Schedule HC, item
3(b), that qualify as securitization exposures
are to be reported in Schedule HC-R, Part II,
item 9(d), column A.
• Note: for purposes of risk weighting, please
distribute on-balance sheet securities purchased under agreements to resell reported
in Schedule HC, item 3(b), within the risk
weight categories in Schedule HC-R, Part
II, item 16, “Repo-style transactions.” Holding companies should report their securities purchased under agreements to resell
in item 16 in order for institutions to calcu-

HC-R-64

late their exposure, and thus risk-weighted
assets, based on master netting set agreements covering repo-style transactions.
4
Loans and leases held for sale. Report in
column A of the appropriate subitem the carrying value of loans and leases held for sale (HFS)
reported in Schedule HC, item 4(a), excluding
those HFS loans and leases that qualify as
securitization exposures as defined in §.2 of the
regulatory capital rules.
The carrying value of those HFS loans and
leases reported in Schedule HC, item 4(a),
that qualify as securitization exposures must
be reported in Schedule HC-R, Part II, item
9(d), column A.
The sum of Schedule HC-R, Part II, items
4(a) through 4(d), column A, plus the carrying
value of HFS loans and leases that qualify as
securitization exposures and are reported in
Schedule HC-R, Part II, item 9(d), column A,
must equal Schedule HC, item 4(a).
4(a) Residential mortgage exposures. Report in
column A the carrying value of loans held for
sale (HFS) reported in Schedule HC, item
4(a), that meet the definition of a residential
mortgage exposure or a statutory multifamily
mortgage24 in §.2 of the regulatory capital
rules. Include in column A the carrying value
of:
24. Statutory multifamily mortgage means a loan secured by a multifamily residential property that meets the requirements under Section
618(b)(1) of the Resolution Trust Corporation Refinancing. Restructuring.
and Improvement Act of 1991 . and that meets the following criteria:
(1) The loan is made in accordance with prudent underwriting standards:
(2) The principal amount of the loan at origination does not exceed 80
percent of the value of the property (or 75 percent of the value of the
property if the loan is based on an interest rate that changes over the
term of the loan) where the value of the property is the lower of the
acquisition cost of the property or the appraised (or. if appropriate.
evaluated) value of the property:
(3) All principal and interest payments on the loan must have been
made on a timely basis in accordance with the terms of the loan for at
least one year prior to applying a 50 percent risk weight to the loan. or in
the case where an existing owner is refinancing a loan on the property.
all principal and interest payments on the loan being refinanced must
have been made on a timely basis in accordance with the terms of the
loan for at least one year prior to applying a 50 percent risk weight to the
loan:
(4) Amortization of principal and interest on the loan must occur over a
period of not more than 30 years and the minimum original maturity for

Schedule HC-R

FR Y-9C
December 2015

Schedule HC-R

• HFS loans secured by first or subsequent
liens on 1-4 family residential properties
(excluding first or subsequent liens on those
that qualify as securitization exposures) that
are reported in Schedule HC-C, items 1c(1),
1c(2)(a), and
• HFS loans secured by first or subsequent
liens on multifamily residential properties
with an original and outstanding amount of
$1 million or less (excluding those that
qualify as securitization exposures) that are
reported in Schedule HC-C, item 1d, as
these HFS loans would meet the regulatory
repayment of principal must not be less than 7 years:
(5) Annual net operating income (before making any payment on the
loan) generated by the property securing the loan during its most recent
fiscal year must not be less than 120 percent of the loan’s current annual
debt service (or 115 percent of current annual debt service if the loan is
based on an interest rate that changes over the term of the loan) or. in the
case of a cooperative or other not-for-profit housing project. the property
must generate sufficient cash flow to provide comparable protection to
the institution: and
(6) The loan is not more than 90 days past due. or on nonaccrual.
A loan that meets the requirements of Section 618(b)(1) of the Resolution
Trust Corporation Refinancing. Restructuring. and Improvement Act of
1991 is a loan:
(i) secured by a first lien on a residence consisting of more than 4 dwelling
units:
(ii) under which
(I) the rate of interest does not change over the term of the loan. (b)
the principal obligation does not exceed 80 percent of the appraised value of the property. and ( c) the ratio of annual net
operating income generated by the property (before payment of
any debt service on the loan) to annual debt service on the loan is
not less than 120 percent: or
(II) the rate of interest changes over the term of the loan. (b) the
principal obligation does not exceed 75 percent of the appraised
value of the property. and (c) the ratio of annual net operating
income generated by the property (before payment of any debt
service on the loan) to annual debt service on the loan is not less
than 115 percent:
(iii) under which
(I) amortization of principal and interest occurs over a period of not
more than 30 years:
(II) the minimum maturity for repayment of principal is not less than
7 years: and
(III) timely payment of all principal and interest. in accordance with the terms of the loan. occurs for a period of
not less than 1 year: and
(iv) that meets any other underwriting characteristics that the appropriate
Federal banking agency may establish, consistent with the purposes of
the minimum acceptable capital requirements to maintain the safety
and soundness of financial institutions.
FR Y-9C
Schedule HC-R

March 2016

capital rules’ definition of residential mortgage exposure.
Exclude from this item:
• HFS loans secured by multifamily residential properties included in Schedule HC-C,
item 1d, that do not meet the definition of a
residential mortgage exposure or a statutory multifamily mortgage and are not
securitization exposures, and
• HFS 1-4 family residential construction
loans reported in Schedule HC-C, item
1a(1), that are not securitization exposures,
which should be reported in Schedule HC-R,
Part II, item 4.c or 4.d, as appropriate.
• In column C-0% risk weight, include the
portion of any exposure that meets the definition of residential mortgage exposure or
statutory multifamily mortgage reported in
Schedule HC, item 4(a), that is secured by
collateral or has a guarantee that qualifies
for the zero percent risk weight. This would
include loans collateralized by deposits at
the reporting institution.
• In column G-20% risk weight, include the
carrying value of the guaranteed portion of
HFS Federal Housing Administration (FHA)
and Veterans Administration (VA) mortgage
loans included in Schedule HC-C, item
1(c)(2)(a). Also include the portion of any
exposure that meets the definition of residential mortgage exposure or statutory multifamily mortgage reported in Schedule HC,
item 4(a), that is secured by collateral or has
a guarantee that qualifies for the 20 percent
risk weight. This would include the portion
of such an exposure covered by an FDIC
loss-sharing agreement.
• In column H-50% risk weight, include the
carrying value of HFS loans secured by (a)
1-4 family residential properties included in
Schedule HC-C, item 1(c)(1) (only include
qualifying first mortgage loans), qualifying
loans from items Schedule HC-C, 1(c)(2)(a)
and 1(d), or those that meet the definition of
a residential mortgage exposure and qualify
for 50 percent risk weight under §.32(g) of
HC-R-65

Schedule HC-R

the regulatory capital rules. For residential
mortgage exposures, the loans must be prudently underwritten, be fully secured by
first liens on 1-4 family residential properties (regardless of the original and outstanding amount of the loan) or multifamily
residential properties (with an original and
outstanding amount of $1 million or less),
not 90 days or more past due or in nonaccrual status, and have not been restructured
or modified (unless modified or restructured
solely pursuant to the U.S. Treasury’s Home
Affordable Mortgage Program (HAMP)).
Also include loans that meet the definition
of statutory multifamily mortgage in §.2 of
the regulatory capital rules. Also include
the portion of any exposure that meets the
definition of residential mortgage exposure
or reported in Schedule HC, item 4(a), that
is secured by collateral or has a guarantee
that qualifies for the 50 percent risk weight.
Notes:
1 Refer to the definition of residential
mortgage exposure in §.2 of the regulatory capital rules, and refer to the requirements for risk weighting residential mortgage loans in §.32 of the regulatory
capital rules.
2 A residential mortgage loan may receive
a 50 percent risk weight if it meets the
qualifying criteria in §.32(g) of the regulatory capital rules:
o A property is owner-occupied or rented;
o The loan is prudently underwritten
including the loan amount as a percentage of the appraised value of the real
estate collateral;
o The loan is not 90 days or more past
due or on nonaccrual;
o The loan is not restructured or modified (except for loans restructured solely
pursuant to the U.S. Treasury’s HAMP).
o If the holding company holds the firstlien and junior -lien(s) on a residential
mortgage exposure, and no other party
HC-R-66

holds an intervening lien, the holding
company must combine the exposures
and treat them as a single first-lien
residential mortgage exposure.
4 A first lien home equity line (HELOC)
may qualify for 50 percent risk weight if
it meets the qualifying criteria in §.32(g)
listed above.
5 A residential mortgage loan of $1 million or less on a property of more than 4
units may qualify for 50 percent risk
weight if it meets the qualifying criteriain §.32(g) listed above.
• In column I-100% risk weight, include the
carrying value of HFS loans that are residential mortgage exposures reported in
Schedule HC, item 4(a), that are not included
in columns C, G, H or R. Include HFS loans
that are junior lien residential mortgage
exposures if the bank does not hold the first
lien on the property, except the portion of
any junior lien residential mortgage exposure that is secured by collateral or has a
guarantee that qualifies for the zero percent,
20 percent, or 50 percent risk weight. Include
HFS loans that are residential mortgage
exposures that have been restructured or
modified, except:
• Those loans restructured or modified
solely pursuant to the U.S. Treasury’s
HAMP, and
• The portion of any restructured or modified residential mortgage exposure that is
secured by collateral or has a guarantee
that qualifies for the zero percent, 20
percent, or 50 percent risk weight.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of any HFS exposure reported in Schedule HC, item 4(a) that meets the definition
of residential mortgage exposure or statutory multifamily mortgage and is secured by
qualifying financial collateral that meets the
definition of a securitization exposure in §.2
of the regulatory capital rules or is a mutual
fund only if the holding company chooses
Schedule HC-R

FR Y-9C
December 2018

Schedule HC-R

to recognize the risk-mitigating effects of
the securitization exposure or mutual fund
collateral under the simple approach outlined in §.37 of the regulatory capital rules.
Under the simple approach, the risk weight
assigned to the collateralized portion of the
exposure may not be less than 20 percent.
o Include in column R the carrying value
of the portion of an HFS exposure that is
secured by the fair value of securitization
exposure or mutual fund collateral that
meets the general requirements of the
simple approach in §.37. In addition, the
holding company must apply the same
approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach or the Gross-Up
Approach - that it applies to determine
the risk-weighted asset amounts of its
on- and off-balance sheet securitization
exposures that are reported in Schedule
HC-R, Part II, items 9 and 10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the HFS exposure
secured by such collateral. Any remaining portion of the HFS exposure that is
uncollateralized or collateralized by other
qualifying collateral would be reported
in columns C through I, as appropriate.
For further information, see the discussions
of ‘‘Treatment of Collateral and Guarantees’’ and ‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part II.
4(b)

High volatility commercial real estate exposures. Report in column A the carrying value
of loans held for sale (HFS) reported in
Schedule HC, item 4(a), that are high volatility commercial real estate (HVCRE) exposures,25 including HVCRE exposures that are

25. High volatility commercial real estate (HVCRE) exposure means a
credit facility that, prior to conversion to permanent financing, finances or
has financed the acquisition, development, or construction (ADC) of real
property, unless the facility finances:
FR Y-9C
Schedule HC-R

September 2015

90 days or more past due or in nonaccrual
status:
• In column C-0% risk weight, include the
portion of any HVCRE exposure included
in loans and leases HFS that is secured by
collateral or has a guarantee that qualifies
for the zero percent risk weight. This would
include the portion of HVCRE exposures
collateralized by deposits at the reporting
institution.
• In column G-20% risk weight, include the
portion of any HVCRE exposure included
in loans and leases HFS that is secured by
collateral or has a guarantee that qualifies
for the 20 percent risk weight. This would
include the portion of any HVCRE exposure covered by an FDIC loss-sharing agreement.
• In column H-50% risk weight, include the
portion of any HVCRE exposure included
(1) One- to four-family residential properties; One- to four-family residential properties;
(2) Real property that:
(i.) would qualify as an investment in community development
under 12 U.S.C. 338a or 12 U.S.C. 24 (Eleventh), as applicable,
or as a ’’qualified investment’’ under , and
(ii.) is not an ADC loan to any entity described in , unless it is
otherwise described in paragraph (1), (2)(i), (3) or (4) of this
definition;
(3) The purchase or development of agricultural land, which includes all
land known to be used or usable for agricultural purposes (such as crop and
livestock production), provided that the valuation of the agricultural land is
based on its value for agricultural purposes and the valuation does not take
into consideration any potential use of the land for non- agricultural
commercial development or residential development; or
(4) Commercial real estate projects in which:
(i.) the loan-to-value ratio is less than or equal to the applicable
maximum supervisory loan-to-value ratio in the real estate lending standards at [12 CFR part 208, appendix C];
(ii.) The borrower has contributed capital to the project in the form of
case or unencumbered readily marketable asset (or has paid
development expenses out-of-pocket) of at least 15 percent of the
real estate’s appraised ‘‘as completed’’ value; and
(iii.) The borrower contributed the amount of capital required by paragraph
(4)(ii) of this definition before the holding company advances funds under
the credit facility, and the capital contributed by the borrower, or internally
generated by the project, is contractually required to remain in the project
throughout the life of the project. The life of a project concludes only when
the credit facility is converted to permanent financing or is sold or paid in
full. Permanent financing may be provided by the holding company that
provided the ADC facility as long as the permanent financing is subject to
the holding company’s underwriting criteria for long-term mortgage loans.

HC-R-67

Schedule HC-R

in loans and leases HFS that is secured by
collateral or has a guarantee that qualifies
for the 50 percent risk weight.

securitization exposures that are reported
in Schedule HC-R, Part II, items 9 and
10.

• In column I-100% risk weight, include the
portion of any HVCRE exposure included
in loans and leases HFS that is secured by
collateral or has a guarantee that qualifies
for the 100 percent risk weight.

o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the HFS exposure
that is secured by such collateral. Any
remaining portion of the HFS exposure
that is uncollateralized or collateralized
by other qualifying collateral would be
reported in columns C through J, as
appropriate.

• In column J-150% risk weight, include the
carrying value of high volatility commercial real estate exposures, as defined in §.2
of the regulatory capital rules, included in
Schedule HC, item 4(a), excluding those
portions of the carrying value that are covered by qualifying collateral or eligible
guarantees as described in §.37 and §.36,
respectively, of the regulatory capital rules.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of any HVCRE exposure included in
loans and leases HFS reported in Schedule
HC, item 4(a), that is secured by qualifying
financial collateral that meets the definition
of a securitization exposure in §.2 of the
regulatory capital rules or is a mutual fund
only if the holding company chooses to
recognize the risk-mitigating effects of the
securitization exposure or mutual fund collateral under the simple approach outlined
in §.37 of the regulatory capital rules. Under
the simple approach, the risk weight
assigned to the collateralized portion of the
exposure may not be less than 20 percent.
o Include in column R the carrying value
of the portion of an HFS HVCRE exposure that is secured by the fair value of
securitization exposure or mutual fund
collateral that meets the general requirements of the simple approach in §.37. In
addition, the holding company must apply
the same approach to securitization exposure collateral - either the Simplified
Supervisory Formula Approach or the
Gross-Up Approach - that it applies to
determine the risk-weighted asset
amounts of its on- and off-balance sheet
HC-R-68

For further information, see the discussions
of ‘‘Treatment of Collateral and Guarantees’’ and ‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part II.
4(c)

Exposures past due 90 days or more or on
nonaccrual. Report in column A the carrying
value of loans and leases held for sale (HFS)
reported in Schedule HC, item 4(a), that are
90 days or more past due or in nonaccrual
status according to the requirements set forth
in §.32(k) of the regulatory capital rules. Do
not include HFS sovereign exposures or HFS
residential mortgage exposures, as described
in §.32(a) and §.32(g), respectively, that are
90 days or more past due or in nonaccrual
status (report such past due and nonaccrual
exposures in Schedule HC-R, Part II, item
4(d) and item 4(a), respectively). Also do not
include HFS high volatility commercial real
estate exposures that are 90 days or more past
due or in nonaccrual status (report such exposures in Schedule HC-R, Part II, item 4(b)).
• In column C-0% risk weight, include the
portion of loans and leases HFS included in
Schedule HC, item 4(a), that are 90 days or
more past due or in nonaccrual status (except
as noted above), that is secured by collateral
or has a guarantee that qualifies for the zero
percent risk weight. This would include the
portion of loans and leases HFS collateralized by deposits at the reporting institution.
• In column G-20% risk weight, include the
portion of loans and leases HFS included in
Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

Schedule HC, item 4(a), that are 90 days or
more past due or in nonaccrual status (except
as noted above), that is secured by collateral
or has a guarantee that qualifies for the 20
percent risk weight. This would include the
portion of HFS loans covered by an FDIC
loss-sharing agreement.

o Include in column R the carrying value
of the portion of an HFS loan or lease
that is 90 days or more past due or in
nonaccrual status that is secured by the
fair value of securitization exposure or
mutual fund collateral that meets the
general requirements of the simple
approach in §.37. In addition, the holding company must apply the same
approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach or the Gross-Up
Approach - that it applies to determine
the risk-weighted asset amounts of its
on- and off-balance sheet securitization
exposures that are reported in Schedule
HC-R, Part II, items 9 and 10.

• In column H-50% risk weight, include the
portion of loans and leases HFS included in
Schedule HC, item 4(a), that are 90 days or
more past due or in nonaccrual status (except
as noted above), that is secured by collateral
or has a guarantee that qualifies for the 50
percent risk weight.
• In column I-100% risk weight, include the
portion of loans and leases HFS included in
Schedule HC, item 4(a), that are 90 days or
more past due or in nonaccrual status (except
as noted above), that is secured by collateral
or has a guarantee that qualifies for the 100
percent risk weight.

o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the HFS exposure
that is secured by such collateral. Any
remaining portion of the HFS exposure
that is uncollateralized or collateralized
by other qualifying collateral would be
reported in columns C through J, as
appropriate.

• In column J-150% risk weight, include the
carrying value of loans and leases HFS
included in Schedule HC, item 4(a), that are
90 days or more past due or in nonaccrual
status (except as noted above), excluding
those portions that are covered by qualifying collateral or eligible guarantees as
described in §.37 and §.36, respectively, of
the regulatory capital rules.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of any loans and leases HFS included
in Schedule HC, item 4(a), that are 90 days
or more past due or in nonaccrual status
(except as noted above), that is secured by
qualifying financial collateral that meets the
definition of a securitization exposure in §.2
of the regulatory capital rules or is a mutual
fund only if the holding company chooses
to recognize the risk-mitigating effects of
the securitization exposure or mutual fund
collateral under the simple approach outlined in §.37 of the regulatory capital rules.
Under the simple approach, the risk weight
assigned to the collateralized portion of the
exposure may not be less than 20 percent.
FR Y-9C
Schedule HC-R

September 2015

For further information, see the discussions
of ‘‘Treatment of Collateral and Guarantees’’ and ‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part II.
4(d)

All other exposures. Report in column A the
carrying value of loans and leases held for sale
(HFS) reported in Schedule HC, item 4(a), that
are not reported in Schedule HC-R, Part II, items
4(a) through 4(c) above:
• In column C-0% risk weight, include the carrying value of the unconditionally guaranteed
portion of HFS Small Business Administration (SBA) ‘‘Guaranteed Interest Certificates’’
purchased in the secondary market that are
included in Schedule HC-C. Also include the
portion of any loans and leases HFS that that
are not reported in Schedule HC-R, Part II,
items 4(a) through 4(c) above, that is secured
by collateral or has a guarantee that qualifies
HC-R-69

Schedule HC-R

for the zero percent risk weight. This would
include the portion of loans and leases HFS
collateralized by deposits at the reporting
institution.
• In column G-20% risk weight, include the
carrying value of HFS loans to and acceptances of other U.S. depository institutions
that are reported in Schedule HC-C, item 2,
plus the carrying value of the guaranteed
portion of HFS SBA loans originated and held
by the reporting holding company included in
Schedule HC-C, and the carrying value of the
portion of HFS student loans reinsured by the
U.S. Department of Education included in
Schedule HC-C, item 6(d), ‘‘Other consumer
loans.’’ Also include the portion of any loans
and leases HFS that that are not reported in
Schedule HC-R, Part II, items 4(a) through
4(c) above, that is secured by collateral or has
a guarantee that qualifies for the 20 percent
risk weight. This would include the portion of
loans and leases HFS covered by FDIC losssharing agreements.
• In column H-50% risk weight, include the
carrying value of HFS loans that meet the
definition of presold construction loan in §.2
of the regulatory capital rules that qualify for
the 50 percent risk weight. Also include the
portion of any loans and leases HFS that that
are not reported in Schedule HC-R, Part II,
items 4(a) through 4(c) above, that is secured
by collateral or has a guarantee that qualifies
for the 50 percent risk weight.
• In column I-100% risk weight, include the
carrying value of HFS loans and leases reported
in Schedule HC, item 4(a), that are not included
in columns C through J and R. This item
would include 1-4 family construction loans
reported in Schedule HC-C, item 1(a)(1) and
loans secured by multifamily residential properties reported in Schedule HC-C, item 1(d),
with an original amount of more than $1
million. Also include the carrying value of
HFS loans that meet the definition of presold
construction loan in §.2 of the regulatory
capital rules that qualify for the 100 percent
risk weight. Also include the portion of any
HC-R-70

loans and leases HFS that that are not reported
in Schedule HC-R, Part II, items 4(a) through
4(c) above, that is secured by collateral or has
a guarantee that qualifies for the 100 percent
risk weight.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of any HFS loans and leases, including
HFS eligible margin loans, reported in Schedule HC, item 4(a), that is secured by qualifying financial collateral that meets the definition of a securitization exposure in §.2 of the
regulatory capital rules or is a mutual fund
only if the holding company chooses to recognize the risk-mitigating effects of the securitization exposure or mutual fund collateral
under the Simple Approach, or the collateral
margin approach for eligible margin loans,
outlined in §.37 of the regulatory capital rules.
Under the Simple Approach, the risk weight
assigned to the collateralized portion of the
exposure may not be less than 20 percent.
o Include in column R the carrying value
of the portion of such an HFS loan or
lease that is secured by the fair value or
adjusted fair value of securitization exposure or mutual fund collateral as determined under the Simple Approach or the
Collateral Haircut Approach, respectively, however, the holding company
must apply the same approach to all
eligible margin loans. In addition, if the
holding company applies the simple
approach, it must apply the same
approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach or the Gross-Up
Approach - that it applies to determine
the risk-weighted asset amounts of its
on- and off-balance sheet securitization
exposures that are reported in Schedule
HC-R, Part II, items 9 and 10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the HFS exposure
that is secured by such collateral. Any
Schedule HC-R

FR Y-9C
March 2016

Schedule HC-R

remaining portion of the HFS exposure
that is uncollateralized or collateralized
by other qualifying collateral would be
reported in columns C through J, as
appropriate.
For further information, see the discussions
of ‘‘Treatment of Collateral and Guarantees’’ and ‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part II.
• All other HFS loans and leases held for sale
that must be risk weighted according to the
Country Risk Classification (CRC) methodology
o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described
above in the General Instructions for
Part II.
o The carrying value of other loans and
leases held for sale reported in Schedule
HC, item 4(a), that are not reported in
Schedule HC-R, Part II, items 4(a)
through 4(c) above.
5

Loans and leases, held for investment.
Report in column A of the appropriate subitem the carrying value of loans and leases,
held for investment, reported in Schedule HC,
item 4(b), excluding those loans and leases,
held for investment, that qualify as securitization exposures as defined in §.2 of the regulatory capital rules.
The carrying value of those loans and leases,
held for investment, that qualify as securitization exposures must be reported in Schedule
HC-R, Part II, item 9(d), column A.
The sum of Schedule HC-R, Part II, items
5(a) through 5(d), column A, plus the carrying
value of loans and leases, held for investment,
that qualify as securitization exposures and
are reported in Schedule HC-R, Part II, item
9(d), column A, must equal Schedule HC,
item 4(b).

FR Y-9C
Schedule HC-R

September 2015

5(a)

Residential mortgage exposures. Report in
column A the carrying value of loans, held
for investment, reported in Schedule HC,
item 4(b), that meet the definition of a residential mortgage exposure or a statutory multifamily mortgage26 in §.2 of the regulatory
capital rules. Include in column A the carrying value of:
• Loans, held for investment, secured by first
or subsequent liens on 1-4 family residential properties (excluding those that qualify
as securitization exposures) that are
reported in Schedule HC-C, items 1(c)(1),
1(c)(2)(a), and 1(c)(2)(b), and
• Loans, held for investment, secured by first
or subsequent liens on multifamily residential properties with an original and outstanding amount of $1 million or less
(excluding those that qualify as securitization exposures) that are reported in Schedule HC-C, item 1(d), as these loans would
meet the regulatory capital rules’ definition
of residential mortgage.
Exclude from this item:
• loans, held for investment, secured by multifamily residential properties included in
Schedule HC-C, item 1(d), that do not meet
the definition of a residential mortgage
exposure or a statutory multifamily mortgage, and
• 1-4 family residential construction loans,
held for investment, reported in Schedule
HC-C, item 1(a)(1), that are not securitization exposures, which should be reported
in Schedule HC-R, Part II, item 5(c) or
5(d), as appropriate.
• In column C-0% risk weight, include the
portion of any exposure, net of unearned
income, that meets the definition of residential mortgage exposure or statutory multifamily mortgage reported in Schedule
HC-C, item 4(b), that is secured by collateral or has a guarantee that qualifies for the

26. See the instructions for Schedule HC-R. Part II. item 4(a) above for
the definition of statutory multifamily mortgage.

HC-R-71

Schedule HC-R

zero percent risk weight. This would include
loans and leases, held for investment, collateralized by deposits at the reporting
institution.
• In column G-20% risk weight, include the
carrying value of the guaranteed portion of
FHA and VA mortgage loans, net of
unearned income, included in Schedule
HC-C, item 1(c)(2)(a). Also include the
portion of any loan, held for investment,
which meets the definition of residential
mortgage exposure or statutory multifamily mortgage reported in Schedule HC,
item 4(b), that is secured by collateral or
has a guarantee that qualifies for the 20
percent risk weight. This would include the
portion of loans, held for investment, covered by an FDIC loss-sharing agreement.
• In column H-50% risk weight, include the
carrying value of loans, held for investment, secured by 1-4 family residential
properties and by included in Schedule
HC-C, item 1(c)(1) (only include qualifying first mortgage loans), qualifying loans
from Schedule HC-C, items 1(c)(2)(a) and
1(d), or those that meet the definition of a
residential mortgage exposure and qualify
for 50 percent risk weight under §.32(g) of
the regulatory capital rules. For residential
mortgage exposures, the loans must be
prudently underwritten, be fully secured by
first liens on 1-4 family residential properties (regardless of the original and outstanding amount of the loan) or multifamily residential properties (with an original
and outstanding amount of $1 million or
less), not 90 days or more past due or in
nonaccrual status, and have not been
restructured or modified (unless modified
or restructured solely pursuant to the U.S.
Treasury’s Home Affordable Mortgage Program (HAMP)). Also include loans, held
for investment, that meet the definition of
statutory multifamily mortgage in §.2 of
the regulatory capital rules. Also include
the portion of any loan, held for investment, which meets the definition of residential mortgage exposure or reported in
HC-R-72

Schedule HC, item 4(b), that is secured by
collateral or has a guarantee that qualifies
for the 50 percent risk weight.
Notes:
• Refer to the definition of residential
mortgage exposure in §.2 of the regulatory capital rules and refer to the requirements for risk weighting residential mortgage loans in §.32 of the regulatory
capital rules.
• A residential mortgage loan may receive
a 50 percent risk weight if it meets the
qualifying criteria in § .32(g) of the regulatory capital rules:
o A property is owner-occupied or
rented;
o The loan is prudently underwritten
including the loan amount as a percentage of the appraised value of the
real estate collateral;
o The loan is not 90 days or more past
due or on nonaccrual;
o The loan is not restructured or modified (except for loans restructured
solely pursuant to the U.S. Treasury’s
HAMP).
o If the holding company holds the firstlien and junior -lien(s) on a residential
mortgage exposure, and no other party
holds an intervening lien, the holding
company must combine the exposures
and treat them as a single first-lien
residential mortgage exposure.
• A first lien home equity line (HELOC)
may qualify for 50 percent risk weight if
it meets the qualifying criteria, in § .32(g)
listed above.
• A residential mortgage loan of $1 million
or less on a property of more than 4 units
may qualify for 50 percent risk weight if
it meets the qualifying criteria in § .32(g)
listed above.
• In column I-100% risk weight, include the carrying value of loans, held for investment, related
Schedule HC-R

FR Y-9C
December 2018

Schedule HC-R

to residential mortgage exposures reported in
Schedule HC, item 4(b), that are not included in
columns C, G, H, or R. Include loans, held for
investment, that are junior lien residential mortgage exposures if the bank does not hold the
first lien on the property, except the portion of
any junior lien residential mortgage exposure
that is secured by collateral or has a guarantee
that qualifies for the zero percent, 20 percent, or
50 percent risk weight. Also include loans, held
for investment, that are residential mortgage
exposures that have been restructured or modified, except:

securitization exposures that are reported in
Schedule HC-R, Part II, items 9 and 10.
o Report in column S the risk-weighted asset
amount of the securitization exposure or
mutual fund collateral that collateralizes the
portion of the loan exposure that is secured by
such collateral. Any remaining portion of the
loan exposure that is uncollateralized or collateralized by other qualifying collateral would
be reported in columns C through I, as appropriate.
For further information, see the discussions of
‘‘Treatment of Collateral and Guarantees’’ and
‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions for Schedule
HC-R, Part II.

o Those loans restructured or modified solely
pursuant to the U.S. Treasury’s HAMP, and
o The portion of any restructured or modified
residential mortgage exposure that is secured
by collateral or has a guarantee that qualifies
for the zero percent, 20 percent, or 50 percent
risk weight.
• In columns R and S-Application of Other RiskWeighting Approaches, include the portion of
any loan, held for investment, reported in Schedule HC, item 4(b), that meets the definition of
residential mortgage exposure or statutory multifamily mortgage, and is secured by qualifying
financial collateral that meets the definition of a
securitization exposure in §.2 of the regulatory
capital rules or is a mutual fund only if the
holding company chooses to recognize the riskmitigating effects of the securitization exposure
or mutual fund collateral under the simple
approach outlined in §.37 of the regulatory
capital rules. Under the simple approach, the
risk weight assigned to the collateralized portion
of the exposure may not be less than 20 percent.
o Include in column R the carrying value of the
portion of a loan exposure that is secured by
the fair value of securitization exposure or
mutual fund collateral that meets the general
requirements of the simple approach in §.37.
In addition, the holding company must apply
the same approach to securitization exposure
collateral - either the Simplified Supervisory
Formula Approach or the Gross-Up Approach
- that it applies to determine the risk-weighted
asset amounts of its on- and off-balance sheet
FR Y-9C
Schedule HC-R

March 2018

5(b)

High volatility commercial real estate exposures. Report in Column A the portion of the
carrying value of loans, held for investment,
reported in Schedule HC, item 4(b), that are
high volatility commercial real estate exposures (HVCRE),27 including HVCRE exposures that are 90 days or more past due or in
nonaccrual status:
• In column C-0% risk weight, include the
portion of any HVCRE exposure included
in loans and leases, held for investment,
that is secured by collateral or has a guarantee that qualifies for the zero percent risk
weight. This would include the portion of
HVCRE loans, net of unearned income,
collateralized by deposits at the reporting
institution.
• In column G-20% risk weight, include the
portion of any HVCRE exposure included
in loans and leases, held for investment,
that is secured by collateral or has a guarantee that qualifies for the 20 percent risk
weight. This would include the portion of
any HVCRE exposure covered by an FDIC
loss-sharing agreement.
• In column H-50% risk weight, include the
portion of any HVCRE exposure included

27. See instructions for Schedule HC-R, Part II, item 4(b), above for the
definition of HVCRE exposure.

HC-R-73

Schedule HC-R

in loans and leases, held for investment,
that is secured by collateral or has a guarantee that qualifies for the 50 percent risk
weight.

applies to determine the risk-weighted
asset amounts of its on- and off-balance
sheet securitization exposures that are
reported in Schedule HC-R, Part II,
items 9 and 10.

• In column I-100% risk weight, include the
portion of any HVCRE exposure included
in loans and leases, held for investment,
that is secured by collateral or has a guarantee that qualifies for the 100 percent risk
weight.

o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the HVCRE exposure that is secured by such collateral.
Any remaining portion of the HVCRE
exposure that is uncollateralized or collateralized by other qualifying collateral
would be reported in columns C through
I, as appropriate.

• In column J-150% risk weight, include the
carrying value of high volatility commercial real estate exposures, as defined in §.2
of the regulatory capital rules, included in
Schedule HC, item 4(b), excluding those
portions of the carrying value that are
covered by qualifying collateral or eligible
guarantees as described in §.37 and §.36,
respectively, of the regulatory capital rules.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the
portion of any HVCRE exposure included
in loans and leases, held for investment,
reported in Schedule HC, item 4(b), that is
secured by qualifying financial collateral
that meets the definition of a securitization
exposure in §.2 of the regulatory capital
rules or is a mutual fund only if the holding
company chooses to recognize the riskmitigating effects of the securitization exposure or mutual fund collateral under the
simple approach outlined in §.37 of the
regulatory capital rules. Under the simple
approach, the risk weight assigned to the
collateralized portion of the exposure may
not be less than 20 percent.
o Include in column R the carrying value
of the portion of an HVCRE exposure
that is secured by the fair value of
securitization exposure or mutual fund
collateral that meets the general requirements of the simple approach in §.37. In
addition, the holding company must
apply the same approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach
or the Gross-Up Approach - that it
HC-R-74

For further information, see the discussions
of ‘‘Treatment of Collateral and Guarantees’’ and ‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part II.
5(c)

Exposures past due 90 days or more or on
nonaccrual. Report in column A the carrying
value of loans and leases, held for investment,
reported in Schedule HC, item 4(b), that are
90 days or more past due or in nonaccrual
status according to the requirements set forth
in in §.32(k) of the regulatory capital rules.
Do not include sovereign exposures or residential mortgage exposures, as described in
§.32(a) and §.32(g) respectively, that are 90
days or more past due or in nonaccrual status
(report such past due and nonaccrual exposures in Schedule HC-R, Part II, items 5(d)
and 5(a), respectively). Also do not include
high volatility commercial real estate exposures that are 90 days or more past due or in
nonaccrual status (report such exposures in
Schedule HC-R, Part II, item 5(b)).
• In column C-0% risk weight, include the
portion of loans and leases, held for investment, included in Schedule HC, item 4(b),
that are 90 days or more past due or in
nonaccrual status (except as noted above),
that is secured by collateral or has a guarantee that qualifies for the zero percent risk
weight. This would include the portion of
loans and leases, net of unearned income,
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

collateralized by deposits at the reporting
institution.

holding company chooses to recognize the
risk-mitigating effects of the securitization
exposure or mutual fund collateral under
the simple approach outlined in §.37 of the
regulatory capital rules. Under the simple
approach, the risk weight assigned to the
collateralized portion of the exposure may
not be less than 20 percent.

• In column G-20% risk weight, include the
portion of loans and leases, held for investment, included in Schedule HC, item 4(b),
that are 90 days or more past due or in
nonaccrual status (except as noted above),
that is secured by collateral or has a guarantee that qualifies for the 20 percent risk
weight. This would include the portion of
loans and leases, held for investment, covered by an FDIC loss-sharing agreement.

o Include in column R the carrying value
of the portion of a loan or lease, held for
investment, that is 90 days or more past
due or in nonaccrual status that is secured
by the fair value of securitization exposure or mutual fund collateral that meets
the general requirements of the simple
approach in §.37. In addition, the holding company must apply the same
approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach or the Gross-Up
Approach - that it applies to determine
the risk-weighted asset amounts of its
on- and off-balance sheet securitization
exposures that are reported in Schedule
HC-R, Part II, items 9 and 10.

• In column H-50% risk weight, include the
portion of loans and leases, held for investment, included in Schedule HC, item 4(b),
that are 90 days or more past due or in
nonaccrual status (except as noted above),
that is secured by collateral or has a guarantee that qualifies for the 50 percent risk
weight.
• In column I-100% risk weight, include the
portion of loans and leases, held for investment, included in Schedule HC, item 4(b),
that are 90 days or more past due or in
nonaccrual status (except as noted above),
that is secured by collateral or has a guarantee that qualifies for the 100 percent risk
weight.

o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the loan or lease
held for investment that is secured by
such collateral. Any remaining portion
of the loan or lease, exposure, that is
uncollateralized or collateralized by
other qualifying collateral would be
reported in columns C through J, as
appropriate.

• In column J-150% risk weight, include the
carrying value of loans and leases, held for
investment, included in Schedule HC, item
4(b), that are 90 days or more past due or in
nonaccrual status (except as noted above),
excluding those portions that are covered
by qualifying collateral or eligible guarantees as described in §.37 and §.36, respectively, of the regulatory capital rules.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the
portion of any loans and leases, held for
investment, included in Schedule HC, item
4(a), that are 90 days or more past due or in
nonaccrual status (except as noted above),
that is secured by qualifying financial collateral that meets the definition of a securitization exposure in §.2 of the regulatory
capital rules or is a mutual fund only if the
FR Y-9C
Schedule HC-R

March 2018

For further information, see the discussions of ‘‘Treatment of Collateral and
Guarantees’’ and ‘‘Risk-Weighted Assets
for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part
II.
5(d)

All other exposures. Report in column A the
carrying value of loans and leases, held for
investment, reported in Schedule HC, item
4(b), that are not reported in items 5(a)
through 5(c) above:
HC-R-75

Schedule HC-R

• In column C-0% risk weight, include the
carrying value of the unconditionally guaranteed portion of SBA ‘‘Guaranteed Interest Certificates’’ purchased in the secondary market that are included in Schedule
HC-C, net of unearned income. Also
include the portion of any loans and leases,
net of unearned income, not reported in
Schedule HC-R, Part II, items 5(a) through
5(c) above, that is secured by collateral or
has a guarantee that qualifies for the zero
percent risk weight. This would include the
portion of loans and leases, held for investment, collateralized by deposits at the
reporting institution.
• In column G-20% risk weight, include the
carrying value of loans to and acceptances
of other U.S. depository institutions, held
for investment, that are reported in Schedule HC-C, item 2 (excluding the carrying
value of any long-term exposures to nonOECD banks), plus the carrying value, net
of unearned income, of the guaranteed
portion of SBA loans originated and held
by the reporting holding company included
in Schedule HC-C, and the carrying value,
net of unearned income, of the portion of
student loans reinsured by the U.S. Department of Education included in Schedule
HC-C, item 6(d), ‘‘Other consumer loans.’’
Also include the portion of any loans and
leases, held for investment, not reported in
Schedule HC-R, Part II, items 5(a) through
5(c) above, that is secured by collateral or
has a guarantee that qualifies for the 20
percent risk weight. This would include the
portion of loans and leases, held for investment, covered by FDIC loss-sharing agreements.
• In column H-50% risk weight, include the
carrying value of loans and leases, held for
investment, that meet the definition of presold construction loan in §.2 of the regulatory capital rules that qualify for the 50
percent risk weight. Also include the portion of any loans and leases, held for
investment, not reported in Schedule HC-R,
Part II, items 5(a) through 5(c) above, that
HC-R-76

is secured by collateral or has a guarantee
that qualifies for the 50 percent risk weight.
• In column I-100% risk weight, include the
carrying value of loans and leases, held for
investment, reported in Schedule HC, item
4(b), that is not included in columns C
through H, J or R (excluding loans that are
assigned a higher than 100 percent risk
weight, such as HVCRE loans and past due
loans). This item would include 1-4 family
construction loans and leases, held for
investment, reported in Schedule HC-C,
item 1(a)(1) and the portion of loans, held
for investment, secured by multifamily
residential property reported in Schedule
HC-C, item 1(d), with an original amount
of more than $1 million. Also include the
carrying value of loans and leases, held for
investment, that meet the definition of presold construction loan in §.2 of the regulatory capital rules that qualify for the 100
percent risk weight. Also include the portion of any loans and leases, held for
investment, not reported in Schedule HC-R,
Part II, items 5(a) through 5(c) above, that
is secured by collateral or has a guarantee
that qualifies for the 100 percent risk
weight.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the
portion of any loans and leases, held for
investment, including eligible margin loans,
reported in Schedule HC, item 4(b), that is
secured by qualifying financial collateral
that meets the definition of a securitization
exposure in §.2 of the regulatory capital
rules or is a mutual fund only if the holding
company chooses to recognize the riskmitigating effects of the securitization exposure or mutual fund collateral under the
simple approach, or the collateral margin
approach for eligible margin loans, outlined in §.37 of the regulatory capital rules.
Under the simple approach, the risk weight
assigned to the collateralized portion of the
exposure may not be less than 20 percent.
o Include in column R the carrying value
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FR Y-9C
March 2018

Schedule HC-R

of the portion of such a loan or lease,
held for investment, that is secured by
the fair value or adjusted fair value of
securitization exposure or mutual fund
collateral as determined under the simple
approach or the collateral haircut
approach, respectively; however, the
holding company must apply the same
approach for all eligible margin loans.
In addition, if the holding company
applies the simple approach, it must
apply the same approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach
or the Gross-Up Approach - that it
applies to determine the risk-weighted
asset amounts of its on- and off-balance
sheet securitization exposures that are
reported in Schedule HC-R, Part II,
items 9 and 10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the loan or lease,
held for investment, that is secured by
such collateral. Any remaining portion
of the loan or lease exposure that is
uncollateralized or collateralized by
other qualifying collateral would be
reported in columns C through J, as
appropriate.
For further information, see the discussions of ‘‘Treatment of Collateral and
Guarantees’’ and ‘‘Risk-Weighted Assets
for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part
II.
• All other loans and leases, held for investment, that must be risk weighted according
to the Country Risk Classification (CRC)
methodology
o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described
FR Y-9C
Schedule HC-R

March 2018

above in the General Instructions for
Part II.
o The carrying value of other loans and
leases, held for investment, reported in
Schedule HC, item 4(b), that are not
reported in Schedule HC-R, Part II,
items 5(a) through 5(c) above.
6

LESS: Allowance for loan and lease losses.
Report in columns A and B the balance of the
allowance for loan and lease losses reported
in Schedule HC, item 4(c).

7

Trading assets. Report in column A the fair
value of trading assets reported in Schedule
HC, item 5, excluding those trading assets
that are securitization exposures, as defined in
§.2 of the regulatory capital rules.
The fair value of those trading assets reported
in Schedule HC, item 5, that qualify as securitization exposures must be reported in Schedule HC-R, Part II, item 9.c, column A. The
sum of Schedule HC-R, Part II, items 7 and
9(c), column A, must equal Schedule HC,
item 5.
If the holding company is subject to the
market risk capital rules, include in column B
the fair value of all trading assets that are
covered positions as defined in Schedule
HC-R, Part II, item 27 (except those trading
assets that are both securitization exposures
and covered positions, which are excluded
from column A of this item 7 and are to be
reported instead in Schedule HC-R, Part II,
item 9(c), column A). The holding company
will report its standardized market riskweighted assets in Schedule HC-R, Part II,
item 27.
For holding companies not subject to the
market risk capital rule and for those trading
assets reported in column A that are held by
holding companies subject to the market risk
capital rule and do not meet the definition of a
covered position:
• In column B, if the holding company completes Schedule HC-D, include the fair
value of derivative contracts that are
reported as assets in Schedule HC-D, item
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Schedule HC-R

11. If the holding company does not complete Schedule HC-D, include the portion
of the amount reported in Schedule HC,
item 5, that represents the fair value of
derivative contracts that are assets. Exclude
from column B those derivative contracts
reported in these items that qualify as
securitization exposures. For purposes of
risk weighting, include the credit equivalent amounts of these derivatives, determined in accordance with the regulatory
capital rules, in the risk weight categories
in Schedule HC-R, Part II, items 20 and 21,
as appropriate. Do not risk weight these
derivatives in this item.
In column B, include the amount of:
o Non-significant investments in the capital of unconsolidated financial institutions that are reported in Schedule HC,
item 5, and have been deducted from
capital in Schedule HC-R, Part I, item
11, item 24, and item 33.
o Significant investments in the capital of
unconsolidated financial institutions not
in the form of common stock that are
reported in Schedule HC, item 5, and
have been deducted from capital in
Schedule HC-R, Part I, item 24 and item
33.
o Significant investments in the capital of
unconsolidated financial institutions in
the form of common stock reported in
Schedule HC, item 5, that are subject to
the 10 percent and 15 percent common
equity tier 1 capital threshold limitations
and have been deducted for risk-based
capital purposes in Schedule HC-R, Part
I, items 13 and 16.
Also include in column B the fair value of
any unsettled transactions (failed trades)
that are reported as trading assets in Schedule HC, item 5. For purposes of risk weighting, unsettled transactions are to be reported
in Schedule HC-R, Part II, item 22.
• In column C-0% risk weight, if the holding
company completes Schedule HC-D,
HC-R-78

include the fair value of those trading
assets reported in Schedule HC-D that do
not qualify as securitization exposures that
qualify for the zero percent risk weight.
Such trading assets may include portions
of, but may not be limited to:
o Item 1, ‘‘U.S. Treasury securities’’
o The portion of the amount reported in
item 2 that represents the fair value of
securities issued by U.S. Government
agencies, and
o The portion of the amounts reported in
item 4, (column A) that represents the
fair value of mortgage-backed securities
guaranteed by GNMA.
o If the holding company does not complete Schedule HC-D, include the portion of the amount reported in Schedule
HC, item 5, that represents the fair value
of the preceding types of securities.
Exclude those trading assets reported in
Schedule HC, item 5, that qualify as
securitization exposures and report them
in Schedule HC-R, Part II, item 9(c).
o Also include the portion of the fair value
of any trading assets that is secured by
collateral or has a guarantee that qualifies for the zero percent risk weight.
This would include the portion of trading assets collateralized by deposits at
the reporting institution.
• In column G-20% risk weight, if the holding company completes Schedule HC-D,
include the fair value of those trading
assets reported in Schedule HC-D that do
not qualify as securitization exposures that
qualify for the 20 percent risk weight. Such
trading assets may include portions of, but
may not be limited to:
o The portion of the amount reported in
item 2 that represents the fair value of
securities issued by U.S. Governmentsponsored agencies,
o The portion of the amount reported in
item 3 that represents the fair value of
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FR Y-9C
June 2018

Schedule HC-R

general obligations issued by states and
political subdivisions in the U.S.,
o The portion of the amount reported in
item 4 that represents the fair value of
mortgage-backed securities issued by
FNMA and FHLMC,
o The fair value of those asset-backed
securities, structured financial products,
and other debt securities reported in
item 5, ‘‘Other debt securities,’’ that
represent exposures to U.S. depository
institutions,
o The portion of the amount reported in
item 6(d), ‘‘Other loans,’’ that represents
loans to and acceptances of U.S. depository institutions, and

o The fair value of those mortgage-backed
securities reported in item 4, ‘‘Mortgagebacked securities.’’
o If the holding company does not complete Schedule HC-D, include the portion of the amount reported in Schedule
HC, item 5, that represents the fair value
of the preceding types of trading assets.
Exclude those trading assets reported in
Schedule HC, item 5, that qualify as
securitization exposures and report them
in Schedule HC-R, Part II, item 9(c).

o The portion of the amount reported in
item 9, ‘‘Other trading assets,’’ that represents the fair value of certificates of
deposit.

o Also include the portion of the fair value
of any trading assets that is secured by
collateral or has a guarantee that qualifies for the 50 percent risk weight.

o If the holding company does not complete Schedule HC-D, include the portion of the amount reported in Schedule
HC, item 5, that represents the fair value
of the preceding types of trading assets.
Exclude those trading assets reported in
Schedule HC, item 5, that qualify as
securitization exposures and report them
in Schedule HC-R, Part II, item 9(c).

• In column I-100% risk weight, if the holding company completes Schedule HC-D,
include the fair value of those trading
assets reported in Schedule HC-D that do
not qualify as securitization exposures that
qualify for the 100 percent risk weight.
Such trading assets may include portions
of, but may not be limited to:

o Also include the portion of the fair value
of any trading assets that is secured by
collateral or has a guarantee that qualifies for the 20 percent risk weight. This
would include the portion of trading
assets covered by FDIC loss-sharing
agreements.
• In column H-50% risk weight, if the holding company completes Schedule HC-D,
include the fair value of those trading
assets reported in Schedule HC-D that do
not qualify as securitization exposures
reported in HC-D that qualify for the
50 percent risk weight. Such trading assets
may include portions of, but may not be
limited to:
FR Y-9C
Schedule HC-R

o The portion of the amount reported in
item 3 that represents the fair value of
revenue obligations issued by states and
political subdivisions in the U.S., and

June 2018

o The fair value of those mortgage-backed
securities reported in item 4, ‘‘Mortgagebacked securities,’’ and
o Item 5, ‘‘Other debt securities,’’ that
represent exposures to corporate entities
and special purpose vehicles (SPVs).
o If the holding company does not complete Schedule HC-D, include the portion of the amount reported in Schedule
HC, item 5, that represents the fair value
of the preceding types of trading assets.
Exclude those trading assets reported in
Schedule HC, item 5, that qualify as
securitization exposures and report them
in Schedule HC-R, Part II, item 9(c).
o Also include the fair value of significant
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Schedule HC-R

investments in the capital of unconsolidated financial institutions in the form
of common stock held as trading assets
that does not exceed the 10 percent and
15 percent common equity tier 1 capital
deduction thresholds and are included in
capital, as described in §.22 of the regulatory capital rules.28 Publicly traded
equity exposures and equity exposures
to investment funds (including mutual
funds) reported in Schedule HC, item 5,
to the extent that the aggregate carrying
value of the holding company’s equity
exposures does not exceed 10 percent of
total capital. If the holding company’s
aggregate carrying value of equity exposures is greater than 10 percent of total
capital, the holding company must report
its trading equity exposures in columns
L, M, or N, as appropriate.
o Also include the fair value of trading
assets reported in Schedule HC, item 5,
that is not included in columns C through
N and R. Exclude those trading assets
reported in Schedule HC, item 5, that
qualify as securitization exposures and
report them in Schedule HC-R, Part II,
item 9(c).
o Also include the portion of the fair value
of any trading assets that is secured by
collateral or has a guarantee that qualifies for the 100 percent risk weight.
• In column J-150% risk weight, include the
exposure amounts of trading assets reported
in Schedule HC, item 5, that are past due
90 days or more or in nonaccrual status
(except sovereign exposures), excluding
those portions that are covered by qualifying collateral or eligible guarantees as
described in §.37 and §.36, respectively, of
the regulatory capital rules.
• In column K-250% risk weight, if the hold28. Note: For advanced approaches holding companies this item will
become subject to a 250 percent risk weight beginning in 2018. Nonadvanced approaches institutions should continue to apply a 100 percent
risk weight.

HC-R-80

ing company completes Schedule HC-D,
include the fair value of those trading
assets reported in Schedule HC-D, item 9,
that do not qualify as securitization exposures that represents exposures that are
significant investments in the common stock
of unconsolidated financial institutions that
are not deducted from capital. For further
information on the treatment of equity
exposures, refer to §.51 to .53 of the regulatory capital rules. This risk weight takes
effect only for advanced approaches institutions in 2018, and therefore this item is
blocked from being completed until that
time. Before 2018 all holding companies
report such significant investments in the
100 percent risk weight category. If the
holding company does not complete Schedule HC-D, include the portion of the amount
reported in Schedule HC, item 5, that represents the fair value of the preceding types
of trading assets.
• In column L-300% risk weight, if the holding company completes Schedule HC-D,
include the fair value of those trading
assets reported in Schedule HC-D, item 9,
that do not qualify as securitization exposures that represents publicly traded equity
securities with readily determinable fair
values (NOTE: Certain investments in
mutual funds reported in Schedule HC-D,
item 9, may be risk-weighted using the
simple risk-weight and look-through
approaches as described in §.51 to .53 of
the regulatory capital rules). If the holding
company does not complete Schedule
HC-D, include the portion of the amount
reported in Schedule HC, item 5, that represents the fair value of the preceding types
of trading assets.
• In column M-400% risk weight, if the bank
completes Schedule HC-D, include the fair
value of those trading assets reported in
Schedule HC-D, item 9, that do not qualify
as securitization exposures that represent
equity securities (other than those issued
by investment firms) that do not have readily determinable fair values. If the bank
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

does not complete Schedule HC-D, include
the portion of the amount reported in
Schedule HC, item 5, that represents the
fair value of the preceding type of trading
assets.
• In column N-600% risk weight, if the holding company completes Schedule HC-D,
include the fair value of those trading
assets reported in Schedule HC-D, item 9,
that do not qualify as securitization exposures that represent equity exposures to
investment firms. If the holding company
does not complete Schedule HC-D, include
the portion of the amount reported in
Schedule HC, item 5, that represents the
fair value of the preceding type of trading
assets.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the
portion of any trading assets reported in
Schedule HC, item 5, that is secured by
qualifying financial collateral that meets
the definition of a securitization exposure
in §.2 of the regulatory capital rules or is a
mutual fund only if the holding company
chooses to recognize the risk-mitigating
effects of the securitization exposure or
mutual fund collateral under the simple
approach outlined in §.37 of the regulatory
capital rules. Under the simple approach,
the risk weight assigned to the collateralized portion of the exposure may not be
less than 20 percent.
o Include in column R the fair value of the
portion of a trading asset that is secured
by the fair value of securitization exposure or mutual fund collateral that meets
the general requirements of the simple
approach in §.37. In addition the holding company must apply the same
approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach or the Gross-up
Approach - that it applies to determine
the risk-weighted asset amounts of its
on- and off-balance sheet securitization
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Schedule HC-R

March 2018

exposures that are reported in Schedule
HC-R, Part II, items 9 and 10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the trading asset
secured by such collateral. Any remaining portion of the trading asset that is
uncollateralized or collateralized by
other qualifying collateral would be
reported in columns C through J.
For further information, see the discussions of ‘‘Treatment of Collateral and
Guarantees’’ and ‘‘Risk-Weighted Assets
for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part II.
• In columns R and S-Application of Other
Risk-Weighting Approaches, also include
the holding company’s equity exposures to
investment funds (including mutual funds)
reported as trading assets in Schedule HC,
item 5, if the aggregate carrying value of
the holding company’s equity exposures is
greater than 10 percent of total capital.
Report in column R the exposure amount
of these equity exposures to investment
funds. Report in column S the riskweighted asset amount of these equity
exposures to investment funds as measured
under the full look-through approach, the
simple modified look-through approach, or
the alternative modified look-through
approach as described in §.53 of the regulatory capital rules. All three of these
approaches require a minimum risk weight
of 20 percent. For further information,
refer to the discussion of ‘‘Treatment of
Equity Exposures’’ in the General Instructions for Schedule HC-R, Part II.
• Trading assets that must be risk-weighted
according to the Country Risk Classification (CRC) methodology
o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
HC-R-81

Schedule HC-R

on the CRC methodology described
above in the General Instructions for
Part II. Include the portions of those
exposures reported in Schedule HC-D
that are directly and unconditionally
guaranteed by foreign central governments or are exposures on foreign banks
that do not qualify as securitization
exposures. Such exposures may include
portions of, but may not be limited to:
o The fair value of those mortgage-backed
securities reported in Schedule HC-D,
item 4, ‘‘Mortgage-backed securities,’’
and
o Other debt securities reported in Schedule HC-D item 5, ‘‘Other debt securities,’’ issued by foreign banks and foreign sovereign units.
o If the holding company does not complete Schedule HC-D, include the portion of the amount reported in Schedule
HC, item 5, that represents the fair value
of the preceding types of trading assets.
Exclude those trading assets reported in
Schedule HC, item 5, that qualify as
securitization exposures and report them
in Schedule HC-R, Part II, item 9(c).
8

All other assets. Report in column A the sum
of the amounts reported in Schedule HC, item
6, ‘‘Premises and fixed assets’’; item 7, ‘‘Other
real estate owned’’; item 8, ‘‘Investments in
unconsolidated subsidiaries and associated
companies’’; item 9, ‘‘Direct and indirect
investments in real estate ventures’’; item 10,
‘‘Intangible assets;’’ and item 11, ‘‘Other
assets,’’ excluding those assets reported in
Schedule HC, items 6 through 11, that qualify
as securitization exposures as defined in §.2
of the regulatory capital rules. The amount of
those assets reported in Schedule HC, items 6
through 11, that qualify as securitization
exposures must be reported in Schedule HC-R,
Part II, item 9(d), column A.
The sum of Schedule HC-R, Part II, item 8,
columns B through R (including items 8(a)
and 8(b), column R), must equal Schedule
HC-R, Part II, item 8, column A. Amounts

HC-R-82

reported in Schedule HC-R, Part II items 8(a)
and 8(b), column R, should not also be
reported in Schedule HC-R Part II, item 8
column R.
Treatment of Defined Benefit Postretirement
Plan Assets - Applicable Only to Holding
Companies That Have Made the Accumulated
Other Comprehensive Income (AOCI) OptOut Election in Schedule HC-R, Part I, item
3(a)
If the reporting institution sponsors a singleemployer defined benefit postretirement plan,
such as a pension plan or health care plan,
accounted for in accordance with ASC Subtopic 715-20, Compensation-Retirement
Benefits - Defined Benefit Plans-General (formerly FASB Statement No. 158, ‘‘Employers’
Accounting for Defined Benefit Pension and
Other Postretirement Plans’’), the institution
should adjust the asset amount reported in
column A of this item for any amounts
included in Schedule HC, item 26(b), ‘‘Accumulated other comprehensive income’’, affecting assets as a result of the initial and subsequent application of the funded status and
measurement date provisions of ASC Subtopic 715-20. The adjustment also should take
into account subsequent amortization of these
amounts from AOCI into earnings. The intent
of the adjustment reported in this item
(together with the amount reported in Schedule HC-R, Part I, item 9(d)) is to reverse the
effects on AOCI of applying ASC Subtopic
715-20 for regulatory capital purposes. Specifically, assets recognized or derecognized as
an adjustment to AOCI as part of the incremental effect of applying ASC Subtopic
715-20 should be reported as an adjustment to
assets in column B of this item. For example,
the derecognition of an asset recorded as an
offset to AOCI as part of the initial incremental effect of applying ASC Subtopic 715-20
should be reported in this item as a negative
amount in column B and as a positive amount
in column I. As another example, the portion
of a benefit plan surplus asset that is included
in Schedule HC, item 26(b), as an increase to
AOCI and in column A of this item should be
Schedule HC-R

FR Y-9C
June 2018

Schedule HC-R

excluded from risk-weighted assets by reporting the amount as a positive number in column B of this item.
• In column B, include the amount of:
o Any goodwill reported in Schedule
HC-M, item 12(b) without regard to any
associated DTLs;
o Intangible assets (other than goodwill
and mortgage servicing assets (MSAs)),
reported as a deduction from common
equity tier 1 capital in Schedule HC-R,
Part I, item 7 without regard to any
associated DTLs;
o Deferred tax assets (DTAs) that arise
from net operating loss and tax credit
carryforwards, net of any related valuation allowances and net of DTLs reported
in Schedule HC-R, Part I, item 8; as well
as the amount of such DTAs that are
deducted from additional tier 1 capital
in Schedule HC-R, Part I, item 24, or
from common equity tier 1 capital in
Schedule HC-R, Part I, item 17, during
the transitionperiod;
o The fair value of over-the-counter
derivative contracts (as defined in §.2 of
the regulatory capital rules) and derivative contracts that are cleared transactions (as described in §.2 of the regulatory capital rules) that are reported as
assets in Schedule HC, item 11 (holding
companies should risk weight the credit
equivalent amount of these derivative
contracts in Schedule HC-R, Part II,
item 20 or 21, as appropriate);
Note: The fair value of derivative contracts reported as assets in Schedule HC,
item 11, that are neither over-thecounter derivative contracts nor derivative contracts that are cleared transactions under §.2 of the regulatory capital
rules should not be reported in column
B. Such derivative contracts include
written option contracts, including
so-called “derivative loan commitments,” i.e., a lender’s commitment to
FR Y-9C
Schedule HC-R

June 2018

originate a mortgage loan that will be
held for resale. The fair value of such
derivative contracts should be reported
in the appropriate risk-weight category
in this item 8.
o Non-significant investments in the capital of unconsolidated financial institutions that are reported in Schedule HC,
item 8 or item 11, and have been
deducted from capital in Schedule HC-R,
Part I, item 11, item 24, and item 33.
o Significant investments in the capital of
unconsolidated financial institutions not
in the form of common stock that are
reported in Schedule HC, item 8 or item
11, and have been deducted from capital
in Schedule HC-R, Part I, item 24, and
item 33.
• Significant investments in the capital
of unconsolidated financial institutions in the form of common stock;
• Mortgage servicing assets; and
• DTAs arising from temporary differences that could not be realized
through net operating loss carrybacks,
net of related valuation allowances;
and
o The holding company’s investments in
unconsolidated banking and finance subsidiaries that are reported in Schedule
HC, item 8, and have been deducted for
risk-based capital purposes in Schedule
HC-R, Part I, item 33; and
o Unsettled transactions (failed trades)
that are reported as ‘‘Other assets’’ in
Schedule HC, item 11. For purposes of
risk weighting, unsettled transactions
are to be reported in Schedule HC-R,
Part II, item 22.
Report as a negative number in column B
the amount of default fund contributions in
the form of commitments made by a clearing member to a central counterparty’s
mutualized loss sharing arrangement.
• In column C-0% risk weight, include:
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Schedule HC-R

o The carrying value of Federal Reserve
Bank stock included in Schedule HC-F,
item 4;
o Accrued interest receivable on assets
included in the zero percent risk weight
category (column C of Schedule HC-R,
Part II, items 1 through 7);
o The carrying value of gold bullion not
held for trading that is held in the holding company’s own vault or in another
holding company’s or bank’s vault on
an allocated basis, and exposures that
arise from the settlement of cash transactions (such as equities, fixed income,
spot foreign exchange, and spot commodities) with a central counterparty
where there is no assumption of ongoing
credit risk by the central counterparty
after settlement of the trade and associated default fund contributions; and
o The portion of assets reported in Schedule HC, items 6 through 11, that is
secured by collateral or has a guarantee
that qualifies for the zero percent risk
weight. This would include the portion
of these assets collateralized by deposits
in the reporting institution.
• In column G-20% risk weight, include:
o The carrying value of Federal Home
Loan Bank stock included in Schedule
HC-F, item 4;
o Accrued interest receivable on assets
included in the 20 percent risk weight
category (column G of Schedule HC-R,
Part II, items 1 through 7);
o The portion of customers’ acceptance
liability reported in Schedule HC, item
11, that has been participated to other
depository institutions; and
o The portion of assets reported in Schedule HC, items 6 through 11, that is
secured by collateral or has a guarantee
that qualifies for the 20 percent risk
weight. This would include the portion
HC-R-84

of these assets covered by FDIC losssharing agreements.
• In column H-50% risk weight, include
accrued interest receivable on assets
included in the 50 percent risk weight
category (column H of Schedule HC-R,
Part II, items 1 through 7). Also include the
portion of assets reported in Schedule HC,
items 6 through 11, that is secured by
collateral or has a guarantee that qualifies
for the 50 percent risk weight.
• In column I-100% risk weight, include:
o Accrued interest receivable on assets
included in the 100 percent risk weight
category (column I of Schedule HC-R,
Part II, items 1 through 7);
o The amount of all other assets reported
in column A that is not included in
columns B through N or R.
o The amounts of items that do not exceed
the 10 percent and 15 percent common
equity tier 1 capital deduction thresholds and are included in capital, as
described in §.22 of the regulatory capital rules. These amounts pertain to three
items:29
• Significant investments in the capital
of unconsolidated financial institutions in the form of common stock;
• Mortgage servicing assets; and
• DTAs arising from temporary differences that could not be realized
through net operating loss carrybacks,
net of related valuation allowances.
o Publicly traded equity exposures, equity
exposures without readily determinable
fair values, and equity exposures to
investment funds, to the extent that the
aggregate carrying value of the holding
company’s equity exposures does not
29. Note: For advanced approaches institutions, these items will
become subject to a 250 percent risk weight beginning in 2018. Nonadvanced approaches institutions should continue to apply a 100 percent
risk weight.

Schedule HC-R

FR Y-9C
December 2016

Schedule HC-R

exceed 10 percent of total capital. If the
holding company’s aggregate carrying
value of equity exposures is greater than
10 percent of total capital, the holding
company must report its equity exposures reported in Schedule HC, items 6
through 11 in either columns L, M, or N,
as appropriate; and
o The portion of assets reported in Schedule HC, items 6 through 11, that is
secured by collateral or has a guarantee
that qualifies for the 100 percent risk
weight.
• In column J-150% risk weight, include
accrued interest receivable on assets
included in the 150 percent risk weight
category (column J of Schedule HC-R, Part
II, items 1 through 7). Also include the
portion of assets reported in Schedule HC,
items 6 through 11, that is secured by
collateral or has a guarantee that qualifies
for the 150 percent risk weight.
• In column K-250% risk weight, include the
amounts of items that do not exceed the 10
percent and 15 percent common equity tier
1 capital deduction thresholds and are included in capital, as described in §.22 of
the regulatory capital rules. These amounts
pertain to three items:
o Significant investments in the capital of
unconsolidated financial institutions in
the form of common stock;
o MSAs; and
o DTAs arising from temporary differences that could not be realized through
net operating loss carrybacks, net of
related valuation allowances.
This risk weight takes effect for advanced
approaches institutions in 2018, and
therefore this item is blocked from being
completed until that time. Before 2018,
all holding companies report such significant investments in the 100 percent
risk weight category.
FR Y-9C
Schedule HC-R

March 2018

• In column L-300% risk weight, include the
fair value of publicly traded equity securities with readily determinable fair values
that are reported in Schedule HC, items 8
and 9.
• In column M-400% risk weight, include
the historical cost of equity securities (other
than those issued by investment firms) that
do not have readily determinable fair values that are reported in Schedule HC-F,
item 4.
• In column N-600% risk weight, include the
historical cost of equity securities issued by
investment firms that do not have readily
determinable fair values that are reported
in Schedule HC-F, item 4.
• In columns R and S of item 8-Application
of Other Risk-Weighting Approaches,
include the portion of any asset reported in
Schedule HC, items 6 through 11, (except
separate account bank-owned life insurance and default fund contributions to central counterparties, which are to be reported
in columns R and S of item 8(a) and 8(b)
respectively), that is secured by qualifying
financial collateral that meets the definition
of a securitization exposure in §.2 of the
regulatory capital rules or is a mutual fund
only if the holding company chooses to
recognize the risk-mitigating effects of the
securitization exposure or mutual fund collateral under the simple approach outlined
in §.37 of the regulatory capital rules.
Under the simple approach, the risk weight
assigned to the collateralized portion of the
exposure may not be less than 20 percent.
o Include in column R the carrying value
of the portion of an asset that is secured
by the fair value of securitization exposure or mutual fund collateral that meets
the general requirements of the simple
approach in §.37.
o In addition, the holding company must
apply the same approach to securitization exposure collateral - either the Simplified Supervisory Formula Approach
or the Gross-up Approach - that it applies
HC-R-85

Schedule HC-R

to determine the risk-weighted asset
amounts of its on- and off-balance sheet
securitization exposures that are reported
in Schedule HC-R, Part II, items 9 and
10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of the asset secured
by such collateral. Any remaining portion of the asset that is uncollateralized
or collateralized by other qualifying collateral would be reported in columns C
through J.
For further information, see the discussions
of ‘‘Treatment of Collateral and Guarantees’’ and ‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions for Schedule HC-R, Part II.
• In columns R and S of item 8-Application
of Other Risk-Weighting Approaches, also
include the holding company’s equity exposures to investment funds (including mutual
funds) reported in Schedule HC, item 8 or
11 (except separate account bank-owned
life insurance and default fund contributions to central counterparties, which are to
be reported in columns R and S of item
8(a) and 8(b) respectively), if the aggregate
carrying value of the holding company’s
equity exposures is greater than 10 percent
of total capital. Report in column R the
exposure amount of these equity exposures
to investment funds. Report in column S
the risk-weighted asset amount of these
equity exposures to investment funds as
measured under the full look-through
approach, the simple modified lookthrough approach, or the alternative modified look-through approach as described in
§.53 of the regulatory capital rules. All
three of these approaches require a minimum risk weight of 20 percent. For further
information, refer to the discussion of
‘‘Treatment of Equity Exposures’’ in the
General Instructions for Schedule HC-R,
Part II.
HC-R-86

• In columns R and S of item 8.a-Separate
Account Bank-Owned Life Insurance,
include the holding company’s investments
in separate account life insurance products,
including hybrid separate account life insurance products. Exclude from columns R
and S any investment in bank-owned life
insurance that is solely a general account
insurance product (report such general
account insurance products in column I-100
percent risk weight). Report in column R
the carrying value of the holding company’s investments in separate account life
insurance products, including hybrid separate account products. Report in column S
the risk-weighted asset amount of these
insurance products. When a holding company has a separate account policy, the
portion of the carrying value that represents general account claims on the insurer,
including items such as deferred acquisition costs (DAC) and mortality reserves
realizable as of the balance sheet date and
any portion of the carrying value attributable to a Stable Value Protection (SVP)
contract, these amounts should be risk
weighted at the 100 percent risk weight as
claims on the insurer or the SVP provider.
The remaining portion of the investment in
separate account life insurance products is
an equity exposure to an investment fund
that should be measured under the full
look-through approach, the simple modified look-through approach, or the alternative modified look-through approach, all
three of which require a minimum risk
weight of 20 percent. For further information, refer to the discussion of ‘‘Treatment
of Equity Exposures’’ in the General
Instructions for Schedule HC-R, Part II.
• In columns R and S of item 8.b-Default
Fund Contributions to Central Counterparties
Note: Item 8(b) only applies to holding
companies that are clearing members, and
therefore will not be applicable to the vast
majority of holding companies. Holding
companies must report the aggregate
Schedule HC-R

FR Y-9C
March 2018

Schedule HC-R

on-balance sheet amount of default fund
contributions to central counterparties
(CCPs) in column A. Holding companies
must report the aggregate off-balance sheet
amount, if any, of default fund contributions to central counterparties as a negative
amount in column B of item 8. Holding
companies must report the aggregate onand off-balance sheet amount of such contributions in column R. See §.35(d) of the
regulatory capital rules for more details.

Component B: risk-weighted asset amount
for default fund contributions to QCCPs

o Component A: the sum of risk-weighted
assets for a clearing member holding
company’s default fund contributions to
all non-qualifying CCPs; and,

§.35(d)(3) of the regulatory capital rules
provides two methods to determine the
capital requirement for a clearing member
holding company’s default fund contributions to a QCCP. A clearing member holding company may use either method. A
clearing member holding company’s riskweighted asset amount for default fund
contributions to a QCCP equals the sum of
its capital requirement, KCM, for each
QCCP as calculated under Method 1 multiplied by 1,250 percent, or under Method 2.

o Component B: the sum of risk-weighted
assets for a clearing member holding
company’s default fund contributions to
all qualifying central counterparties
(QCCPs).

Method 1: The holding company calculates
the capital charge for a clearing member in
a 3-step process, depending on the funded
status of the QCCP. The process is summarized briefly below:

Report the sum of Components A and B in
Schedule HC-R, Part II, item 8(b), column S.

• Step 1: The holding company must calculate the hypothetical capital requirement
of all the trades conducted through the
QCCP as if the QCCP were a bank. This
depends on the type of trade and netting
sets with each counterparty. Alternately,
the QCCP may provide this number to
the clearing member.

Clearing Member holding companies must
report in column S the total amount of
risk-weighted assets (RWAs) for a clearing
member holding company’s default fund
contributions to central counterparties. This
will be the sum of:

Component A: risk-weighted asset amount
for default fund contributions to nonqualifying CCPs
As required by §.35(d)(2) of the regulatory
capital rules, a clearing member holding
company’s risk-weighted asset amount for
default fund contributions to CCPs that are
not QCCPs equals the sum of such default
fund contributions multiplied by 1,250 percent, or an amount determined by the holding company’s federal supervisor based on
factors such as size, structure and membership characteristics of the CCP and riskiness of its transactions, in cases where such
default fund contributions may be unlimited. Therefore, unless otherwise advised
by its supervisor or through agency-issued
FR Y-9C
Schedule HC-R

guidance, a holding company will sum
each of its non-QCCP default fund contributions, and multiply the total by 1,250
percent, and add any additional riskweighted asset amount determined by the
agency, if any. This will be Component A
above.

March 2016

• Step 2: The holding company compares
the hypothetical capital requirement (calculated in Step 1) to the funded default
fund of the QCCP to include the internally funded resources of the QCCP. This
step determines the aggregate capital
requirement for all clearing members
assuming a default of two average clearing members.
• Step 3: The aggregate capital requirement of all clearing members (assuming
the default of two members) is then
HC-R-87

Schedule HC-R

exposures to risk weight categories based
on the CRC methodology described
above in the General Instructions for
Part II. Include the portions of those
exposures described above in the instructions for Schedule HC-R, Part II, item 8
that are exposures on sovereigns or foreign banks that do not qualify as securitization exposures.

allocated back to the individual clearing
member firm and converted to a riskweighted asset amount.
Using the 3-step process and formulas provided in the regulatory capital rules, the
holding company will determine a dollar
capital requirement for its default fund
contribution for each QCCP (KCMi). The
holding company must then multiply each
KCMi by 1,250 percent to calculate the
risk-weighted asset amount. The holding
company must sum the RWAs calculated
for each QCCP default fund contribution to
produce a total RWA amount for all QCCP
default fund contributions for which the
holding company uses this method. For
example, the total RWA amount for a holding company with default fund contributions to two QCCPs will be the sum of
KCMi for QCCP A and KCMi for QCCP
B. This sum will be included in Component
B above for all QCCPs for which the
holding company uses method 1.

9

Method 2: Under Method 2, the risk
weighted assets for a clearing member’s
default fund contribution is the minimum
of:

Holding companies subject to the market risk
capital rule must use the SSFA when determining the amount of risk-weighted assets for
securitization exposures.

• 1,250 percent times the holding company’s funded contributions to the QCCP
default fund, or,

For further information, refer to the discussion of ‘‘Risk-Weighted Assets for Securitization Exposures’’ in the General Instructions
for Schedule HC-R, Part II.

• 18 percent times the total trade exposures
of the member to the QCCP.
A holding company will make this calculation for each QCCP for which it uses
Method 2. The sum of RWAs for all QCCP
contributions for which the holding company uses Method 2 will be included in
Component B above.

HC-R-88

On-balance sheet securitization exposures.
When determining the amount of riskweighted assets for securitization exposures,
holding companies that are not subject to the
market risk capital rule may elect to use either
the Simplified Supervisory Formula Approach
(SSFA) or the Gross-Up Approach, as
described above and in §.41 to 45 of the
regulatory capital rules. However, such holding companies must use the SSFA or Gross-Up
Approach consistently across all securitization exposures (Schedule HC-R, Part II, items
9(a) through 10). Holding companies may
risk weight any individual securitization exposure at 1,250 percent in lieu of applying the
SSFA or Gross-Up Approach to that individual exposure.

9(a)

• The portion of Schedule HC, items 6
through 11, that must be risk-weighted
according to the Country Risk Classification (CRC) methodology:

Held-to-maturity securities. Report in column A the amount of held-to-maturity (HTM)
securities reported in Schedule HC, item 2(a),
that qualify as securitization exposures as
defined in §.2 of the regulatory capital rules.
Refer to the instructions for Schedule HC-R,
Part II, item 2(a), for a summary of the
reporting locations of HTM securitization
exposures.

o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these

Exposure amount to be used for purposes of
risk weighting - holding company cannot or
has not made the Accumulated Other Comprehensive Income (AOCI) opt-out election in
Schedule HC-R

FR Y-9C
March 2016

Schedule HC-R

not calculated using the SSFA or the
Gross-Up Approach).

Schedule HC-R, Part I, item 3(a):
For a security classified as held-to-maturity
where the holding company cannot or has not
made the AOCI opt-out election (i.e., most
AOCI is included in regulatory capital), the
exposure amount to be risk weighted by the
holding company is the carrying value of the
security, which is the value of the asset
reported on the balance sheet of the holding
company determined in accordance with
GAAP and in column A.
Exposure amount to be used for purposes of
risk weighting - holding company has made
the AOCI opt-out election in Schedule HC-R,
Part I, item 3(a):
For a security classified as held-to-maturity
where the holding company has made the
AOCI opt-out election (i.e., most AOCI is not
included in regulatory capital), the exposure
amount to be risk weighted by the holding
company is the carrying value of the security
reported on the balance sheet of the holding
company and in column A, less any net
unrealized gains on the exposure, plus any net
realized loss on the exposure included in
AOCI.
• In column B
o If an HTM securitization exposure will
be risk-weighted by using the 1,250
percent risk weight approach, report any
difference between the carrying value of
the HTM securitization exposure
reported in column A of this item and
the exposure amount of the HTM securitization exposure that is to be risk
weighted.
o If an HTM securitization exposure will
be risk-weighted using either the SSFA
or the Gross-Up Approach, report the
carrying value of the HTM securitization exposure reported in column A of
this item.
• In column Q, report the exposure amount
of those HTM securitization exposures that
are assigned a 1,250 percent risk weight
(i.e., those HTM securitization exposures
for which the risk-weighted asset amount is
FR Y-9C
Schedule HC-R

March 2016

• In column T, report the risk-weighted asset
amount (not the exposure amount) of those
HTM securitization exposures for which
the risk-weighted asset amount is calculated using the SSFA, as described above
in the General Instructions for Part II and
in §.41 to §.45 of the regulatory capital
rules.
• In column U, report the risk-weighted asset
amount (not the exposure amount) of HTM
securitization exposures for which the riskweighted asset amount is calculated using
the Gross-Up Approach, as described above
in the General Instructions for Schedule
HC-R, Part II, and in §.41 to §.45 of the
regulatory capital rules.
9(b)

Available-for-sale securities. Report in column A the fair value of those available-forsale (AFS) securities reported in Schedule
HC, item 2(b), that qualify as securitization
exposures as defined in §.2 of the regulatory
capital rules. Refer to the instructions for
Schedule HC-R, Part II, item 2(b), for a
summary of the reporting locations of AFS
securitization exposures.
Exposure amount to be used for purposes of
risk weighting - holding company that cannot
or has not made the Accumulated Other Comprehensive Income (AOCI) opt-out election in
Schedule HC-R, Part I, item 3(a):
For an AFS debt security that is a securitization exposure where the holding company
cannot make or has not made the AOCI
opt-out election (i.e., most AOCI is included
in regulatory capital), the exposure amount of
the AFS securitization exposure to be risk
weighted by the holding company is the carrying value of the debt security, which is the
value of the asset reported on the balance
sheet of the holding company (Schedule HC,
item 2(b)) determined in accordance with
GAAP (i.e., the fair value of the available-forsale debt security) and in column A of this
item.
HC-R-89

Schedule HC-R

Exposure amount to be used for purposes of
risk weighting - holding company has made
the AOCI opt-out election in Schedule HC-R,
Part I, item 3(a):
For an AFS debt security that is a securitization exposure where the holding company has
made the AOCI opt-out election (i.e., most
AOCI is not included in regulatory capital),
the exposure amount of the AFS securitization exposure to be risk weighted by the
holding company is the carrying value of the
debt security, less any unrealized gain on the
exposure plus any unrealized loss on the
exposure included in AOCI.
• In column B
o If an AFS securitization exposure will
be risk weighted using the 1,250 percent
risk weight approach, a holding company that has made the AOCI opt-out
election should include the difference
between the fair value and amortized
cost of those AFS debt securities that
qualify as securitization exposures. This
difference equals the amounts reported
in Schedule HC-B, items 4 and 5, column D, minus items 4 and 5, column C,
for those AFS debt securities included
in these items that are securitization
exposures. When fair value exceeds
cost, report the difference as a positive
number in Schedule HC-R, Part II, item
9(b), column B. When cost exceeds fair
value, report the difference as a negative
number (i.e., with a minus (-) sign) in
Schedule HC-R, Part II, item 9(b), column B.
o If an AFS securitization exposure will
be risk weighted using either the SSFA
or the Gross-Up Approach, a holding
company should report carrying value
of the AFS securitization exposure
reported in column A of this item.
• In column Q, report the exposure amount
of those AFS securitization exposures that
are assigned a 1,250 percent risk weight
(i.e., those AFS securitization exposures
for which the risk-weighted asset amount is
HC-R-90

not calculated using the SSFA or the
Gross-Up Approach).
• In column T, report the risk-weighted asset
amount (not the exposure amount) of those
AFS securitization exposures for which the
risk-weighted asset amount is calculated
using the SSFA, as described above in the
General Instructions for Schedule HC-R
Part II and in §.41 to 45 of the regulatory
capital rules.
• In column U, report the risk-weighted asset
amount (not the exposure amount) of those
AFS securitization exposures for which the
risk-weighted asset amount is calculated
using the Gross-Up Approach, as described
above in the General Instructions for Schedule HC-R, Part II, and in §.41 to §.45 of the
regulatory capital rules.
Example 1: A holding company reports an
AFS securitization exposure on its balance
sheet in Schedule HC, item 2(b), at a carrying
value (i.e., fair value) of $105. The amortized
cost of the AFS securitization exposure is
$100. The AFS securitization exposure has a
$5 unrealized gain that is included in AOCI.
The holding company would report has made
the AOCI opt-out election in Schedule HC-R,
Part I, item 3(a). The AFS securitization
exposure will be risk weighted using the
1,250 percent risk weight approach. The holding company would report in Schedule HC-R,
Part II, item 9(b):
• $105 in Column A. This is the carrying
value of the AFS securitization exposure
on the holding company’s balance sheet.
• $5 in Column B. This is the difference
between the carrying value (i.e., fair value)
of the AFS securitization exposure and its
exposure amount that is subject to riskweighting. For a holding company that has
made the AOCI opt-out election, column B
will typically represent the amount of unrealized gain or unrealized loss on a securitization exposure. Gains are reported as positive numbers; losses as negative numbers.
(Note: if the holding company has not
made or cannot make the AOCI opt-out
Schedule HC-R

FR Y-9C
March 2016

Schedule HC-R

election, there will not be an adjustment to
be reported in column B.)
• $100 is the exposure amount subject to
risk-weighting. This amount will be
reported in item 9(b), column Q - 1,250
percent risk weight. For a holding company that has made the AOCI opt-out election, the exposure amount typically will be
the carrying value (i.e., fair value) of the
AFS securitization exposure excluding any
unrealized gain or loss.
Example 2: A holding company reports an
AFS securitization exposure on its balance
sheet in Schedule HC, item 2(b), at a carrying
value (i.e., fair value) of $105. The AFS
securitization exposure has a $5 unrealized
gain that is included in AOCI. The holding
company has made the AOCI opt-out election
in Schedule HC-R, Part I, item 3(a). The AFS
securitization exposure will be risk weighted
using the Gross-Up Approach and it is assigned
a 900 percent risk weight using this approach.
The holding company would report in Schedule HC-R, Part II, item 9(b):
• $105 in Column A. This is the carrying
value of the AFS securitization exposure
on the holding company’s balance sheet.
• $105 in Column B. When the Gross-Up
Approach is being used, the carrying
amount of the AFS securitization exposure
on the holding company’s balance sheet is
to be reported in column B. Because the
holding company has made the AOCI optout election, the $105 carrying amount
consists of two components: (i) $100 is the
exposure amount subject to risk-weighting
at 900 percent, and (ii) $5 is difference
between the carrying value and the exposure amount that is subject to riskweighting.
• $900 reported in Column U. This is the
risk-weighted asset amount of the AFS
securitization exposure. This amount ($900)
will be reported in item 9(b), column U Gross-Up. (Note: $900 is the product of the
$100 exposure amount multiplied by a 900
percent risk weight.)
FR Y-9C
Schedule HC-R

March 2016

9(c)

Trading assets. Report in column A the fair
value of those trading assets reported in
Schedule HC, item 5, that qualify as securitization exposures as defined in §.2 of the
regulatory capital rules. Refer to the instructions for Schedule HC-R, Part II, item 7, for a
summary of the reporting locations of trading
assets that are securitization exposures.
If the holding company is subject to the
market risk capital rule, report in column B
the fair value of those securitization exposures reported in column A of this item that
are covered positions as defined in Schedule
HC-R, Part II, item 27. The holding company
will report its standardized market riskweighted assets in Schedule HC-R, Part II,
item 27.
For holding companies not subject to the
market risk capital rule and for those trading
assets held by holding companies subject to
the market risk capital rule that are securitization exposures that do not meet the definition
of a covered position:
• In column B, report the fair value reported
in column A of this item for those trading
assets reported in Schedule HC, item 5,
that qualify as securitization exposures and
will be risk-weighted using either the Simplified Supervisory Formula Approach
(SSFA) or the Gross-Up Approach.
• In column Q, report the fair value of those
trading assets that are securitization exposures that are assigned a 1,250 percent risk
weight (i.e., those trading asset securitization exposures for which the risk-weighted
asset amount is not calculated using the
SSFA or the Gross-Up Approach).
• In column T, report the risk-weighted asset
amount (not the fair value) of those trading
assets that are securitization exposures for
which the risk-weighted asset amount is
calculated using the SSFA, as described
above in the General Instructions for Schedule HC-R, Part II, and in §.41 to §.45 of the
regulatory capital rules.
• In column U, report the risk-weighted asset
HC-R-91

Schedule HC-R

amount (not the fair value) of those trading
assets that are securitization exposures for
which the risk-weighted asset amount is
calculated using the Gross-Up Approach,
as described above in the General Instructions for Schedule HC-R, Part II, and in
§.41 to §.45 of the regulatory capital rules.
9(d)

not included in regulatory capital), the exposure amount to be risk weighted by the holding company is the exposure’s carrying value,
less any net unrealized gains on the exposure
plus any net realized loss on the exposure
included in AOCI. In column B, report any
difference between the carrying value and the
exposure amount of those other on-balance
sheet securitization exposures reported in column A of this item that will be risk weighted
by applying the 1,250 percent risk weight.

All other on-balance sheet securitization
exposures. Report in column A the amount
of all on-balance sheet assets included in
Schedule HC that qualify as securitization
exposures as defined in §.2 of the regulatory
capital rules and are not reported in Schedule
HC-R, Part II, items 9(a), 9(b), or 9(c). Refer
to the instructions for Schedule HC-R, Part II,
items 1, 3, 4, 5, and 8, above for a summary
of the reporting locations of other on-balance
sheet securitization exposures. For a holding
company that has made the Accumulated
Other Comprehensive Income (AOCI) optout election in Schedule HC-R, Part I, item
3(a), include in this item any accrued but
uncollected interest and fees associated with
held-to-maturity, available-for-sale, and trading securitization exposures reported in
Schedule HC, item 11, ‘‘Other assets.’’

• In column B, all holding companies should
include the amount reported in column A
of this item for those other on-balance
sheet securitization exposures that will be
risk-weighted using either the Simplified
Supervisory Formula Approach (SSFA) or
the Gross-Up Approach.
• In column Q, report the exposure amount
of those other on-balance sheet securitization exposures that are assigned a 1,250
percent risk weight (i.e., those other
on-balance sheet securitization exposures
for which the risk-weighted asset amount is
not calculated using the SSFA or the
Gross-Up Approach).
• In column T, report the risk-weighted asset
amount (not the exposure amount) of those
other on-balance sheet securitization exposures for which the risk-weighted asset
amount is calculated using the SSFA, as
described above in the General Instructions
for Schedule HC-R, Part II, and in §.41 to
§.45 of the regulatory capital rules.

Exposure amount to be used for purposes of
risk weighting - holding company that cannot
or has not made the AOCI opt-out election in
Schedule HC-R, Part I, item 3(a):
For other on-balance sheet securitization exposures where the holding company cannot or
has not made the AOCI opt-out election (i.e.,
most AOCI is included in regulatory capital),
the exposure amount to be risk weighted by
the holding company is the exposure’s carrying value, which is the value of the exposure
reported on the balance sheet of the holding
company determined in accordance with
GAAP and in column A.
Exposure amount to be used for purposes of
risk weighting - holding company has made
the AOCI opt out election in Schedule HC-R,
Part I, item 3(a):
For other on-balance sheet securitization exposures where the holding company has made
the AOCI opt-out election (i.e., most AOCI is
HC-R-92

• In column U, report the risk-weighted asset
amount (not the exposure amount) of those
other on-balance sheet securitization exposures for which the risk-weighted asset
amount is calculated using the Gross-Up
Approach, as described above in the General Instructions for Schedule HC-R, Part
II, and in §.41 to §.45 of the regulatory
capital rules.
10

Off-balance sheet securitization exposures.
Report in column A the notional amount of all
derivatives and off-balance sheet items
reported in Schedule HC-L or Schedule HC-S
Schedule HC-R

FR Y-9C
March 2016

Schedule HC-R

For a credit-enhancing representation and
warranty that is an off-balance sheet securitization exposure, see the discussion of ‘‘Treatment of Sales of 1-4 Family Residential First
Mortgage Loans with Credit-Enhancing Representations and Warranties,’’ which includes
an example, in the General Instructions for
Schedule HC-R, Part II.

that qualify as securitization exposures as
defined in §.2 of the regulatory capital rules.
Refer to the instructions for Schedule HC-R,
Part II, items 12 through 21, for a summary of
the reporting locations of off-balance sheet
securitization exposures.
Exposure amount to be used for purposes of
risk weighting
For an off-balance sheet securitization exposure that is not a repo-style transaction or
eligible margin loan for which the holding
company calculates an exposure amount under
§.37 of the regulatory capital rules, cleared
transaction (other than a credit derivative), or
over-the-counter (OTC) derivative contract
(other than a credit derivative), the exposure
amount is the notional amount of the exposure.

• In column B, report the notional amount of
those off-balance sheet securitization exposures reported in column A of this item for
which the exposure amount (as described
above) will be risk-weighted using either
the SSFA or the Gross-Up Approach. Also
include in column B the difference between
the notional amount reported in column A
of this and the exposure amount for those
off-balance sheet items that qualify as securitization exposures and will be risk
weighted by applying the 1,250 percent
risk weight.

For an off-balance sheet securitization exposure to an asset-backed commercial paper
(ABCP) program, such as an eligible ABCP
liquidity facility, the notional amount may be
reduced to the maximum potential amount
that holding company could be required to
fund given the ABCP program’s current underlying assets (calculated without regard to the
current credit quality of those assets).

• In column Q, report the exposure amount
of those off-balance sheet securitization
exposures that are assigned a 1,250 percent
risk weight (i.e., those off-balance sheet
securitization exposures for which the riskweighted asset amount is not calculated
using the SSFA or the Gross-Up Approach).

The exposure amount of an eligible ABCP
liquidity facility for which the Simplified
Supervisory Formula Approach (SSFA) does
not apply is equal to the notional amount of
the exposure multiplied by a credit conversion
factor (CCF) of 50 percent.

• In column T, report the risk-weighted asset
amount (not the exposure amount) of those
off-balance sheet securitization exposures
for which the risk-weighted asset amount is
calculated using the SSFA, as described
above in the General Instructions for Schedule HC-R, Part II, and in §.41 to §.45 of the
regulatory capital rules.

The exposure amount of an eligible ABCP
liquidity facility for which the SSFA applies
is equal to the notional amount of the exposure multiplied by a CCF of 100 percent.
For an off-balance sheet securitization exposure that is a repo-style transaction or eligible
margin loan for which the holding company
calculates an exposure amount under §.37 of
the regulatory capital rules, a cleared transaction (other than a credit derivative), or derivative contract (other than a credit derivative),
the exposure amount is the amount calculated
under §.34, §.35, or §.37, as applicable, of the
regulatory capital rules.
FR Y-9C
Schedule HC-R

March 2016

• In column U, report the risk-weighted asset
amount (not the exposure amount) of those
off-balance sheet securitization exposures
for which the risk-weighted asset amount is
calculated using the Gross-Up Approach,
as described above in the General Instructions for Schedule HC-R, Part II, and in
§.41 to §.45 of the regulatory capital rules.
11

Total assets. For columns A through R, report
the sum of items 1 through 9. The sum of
columns B through R must equal column A.
HC-R-93

Schedule HC-R

Schedule HC-R, Part II, item 11, column A,
must equal Schedule HC, item 12, ‘‘Total
assets.’’
Derivatives, Off-Balance Sheet Items, and Other Items
Subject to Risk Weighting (Excluding Securitization
Exposures)
Treatment of Derivatives and Off-Balance Sheet Items
that are Securitization Exposures - Any derivatives or
off-balance sheet items reported in Schedule HC-L or
Schedule HC-S that qualify as securitization exposures,
including liquidity facilities to asset-back commercial
paper programs, are to be reported in Schedule HC-R,
Part II, item 10, column A, and excluded from Schedule
HC-R, Part II, items 12 through 21 below.
Repo-style transactions - The regulatory capital rules
permit some repo-style transactions to be risk weighted
on a netting set basis. Where netting is permitted, a
holding company will combine both on-balance and
off-balance sheet repo-style transactions in order to determine a capital requirement for a netting set to a single
counterparty. In such cases, a holding company should
combine securities purchased under agreements to resell
(i.e., reverse repos) and securities sold under agreements
to repurchase (i.e., repos) with off-balance sheet repostyle transactions (i.e., securities borrowing and securities lending transactions) in Schedule HC-R, Part II, item
16, and report the netting set exposure to each counterparty under the appropriate risk weight column.
Credit Conversion Factors for Off-Balance Sheet Items A summary of the credit conversion factors (CCFs) by
which the exposure amount of off-balance sheet items are
to be multiplied follows. For further information on these
factors, refer to the regulatory capital rules.

Off-balance sheet items subject to a 50 percent CCF:
(1) Transaction-related contingent items, including performance standby letters of credit, bid bonds, performance bonds, and warranties.
(2) Commercial and similar letters of credit with an
original maturity exceeding one year.
(3) Commitments with an original maturity exceeding
one year that are not unconditionally cancelable by
the bank, including underwriting commitments and
commercial credit lines.
Off-balance sheet items subject to a 100 CCF:
(1) Financial standby letters of credit.
(2) Repo-style transactions, including off-balance sheet
securities lending transactions, off-balance sheet
securities borrowing transactions, securities purchased under agreements to resell, and securities sold
under agreements to repurchase.
(3) Guarantees, certain credit-enhancing representations
and warranties, and forward agreements.
Item No.
12

Off-balance sheet items subject to a 20 percent CCF:
(1) Commercial and similar letters of credit with an
original maturity of one year or less, including
short-term, self-liquidating, trade-related contingent
items that arise from the movement of goods.
(2) Commitments with an original maturity of one year
or less that are not unconditionally cancelable.
HC-R-94

Financial standby letters of credit. For
financial standby letters of credit reported in
Schedule HC-L, item 2, that do not meet the
definition of a securitization exposure as
described in §.2 of the regulatory capital
rules, but are credit enhancements for assets,
report in column A:

(1)

The amount outstanding and unused of those
letters of credit for which this amount is less
than the effective risk-based capital requirement for the assets that are credit-enhanced
by the letter of credit multiplied by 12.5.

(2)

The full amount of the assets that are creditenhanced by those letters of credit that are not
multiplied by 12.5.

Off-balance sheet items subject to a zero percent CCF:
(1) Unused portions of commitments that are unconditionally cancelable at any time by the bank holding
company.

Caption and Instructions

For all other financial standby letters of credit
reported in Schedule HC-L, item 2, that do
not meet the definition of a securitization
exposure, report in column A the amount
outstanding and unused of these letters of
credit.
Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

• In column B, report 100 percent of the
amount reported in column A.
• In column C-0% risk weight, include the
credit equivalent amount of the portion of
financial standby letters of credit reported
in Schedule HC-L, item 2, that are secured
by collateral or has a guarantee that qualifies for the zero percent risk weight.
• In column G-20% risk weight, include the
credit equivalent amount of the portion of
financial standby letters of credit reported
in Schedule HC-L, item 2, that has been
conveyed to U.S. depository institutions.
Also include the credit equivalent amount
of the portion of financial standby letters of
credit reported in Schedule HC-L, item 2,
that are secured by collateral or has a
guarantee that qualifies for the 20 percent
risk weight.
• In column H-50% risk weight, include the
credit equivalent amount of the portion of
financial standby letters of credit reported
in Schedule HC-L, item 2, that are secured
by collateral or has a guarantee that qualifies for the 50 percent risk weight.
• In column I-100% risk weight, include the
portion of the credit equivalent amount
reported in column B that is not included in
columns C through H and J. Also include
the credit equivalent amount of the portion
of financial standby letters of credit reported
in Schedule HC-L, item 2, that are secured
by collateral or has a guarantee that qualifies for the 100 percent risk weight.
• Financial standby letters of credit that must
be risk-weighted according to the Country
Risk Classification (CRC) methodology
o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described
above in the General Instructions for
Part II. Include:
FR Y-9C
Schedule HC-R

September 2015

o The credit equivalent amount of the
portion of financial standby letters of
credit reported in Schedule HC-L, item
2, that have been conveyed to foreign
banks.
13

Performance standby letters of credit and
transaction-related contingent items. Report
in column A transaction-related contingent
items, which includes the face amount of
performance standby letters of credit reported
in Schedule HC-L, item 3, and any other
transaction-related contingent items that do
not meet the definition of a securitization
exposure as described in §.2 of the regulatory
capital rules.
• In column B, report 50 percent of the face
amount reported in column A.
• In column C-0% risk weight, include the
credit equivalent amount of the portion of
performance standby letters of credit and
transaction-related contingent items
reported in Schedule HC-L, item 3, that are
secured by collateral or has a guarantee
that qualifies for the zero percent risk
weight.
• In column G-20% risk weight, include the
credit equivalent amount of the portion of
performance standby letters of credit, performance bids, bid bonds, and warranties
reported in Schedule HC-L, item 3, that
have been conveyed to U.S. depository
institutions. Also include the credit equivalent amount of the portion of performance
standby letters of credit and transactionrelated contingent items reported in Schedule HC-L, item 3, that are secured by
collateral or has a guarantee that qualifies
for the 20 percent risk weight.
• In column H-50% risk weight, include the
credit equivalent amount of the portion of
performance standby letters of credit and
transaction-related contingent items
reported in Schedule HC-L, item 3, that are
secured by collateral or has a guarantee
that qualifies for the 50 percent risk weight.
• In column I-100% risk weight, include the
HC-R-95

Schedule HC-R

portion of the credit equivalent amount
reported in column B that is not included in
columns C through H and J. Also include
the credit equivalent amount of the portion
of performance standby letters of credit
and transaction-related contingent items
reported in Schedule HC-L, item 3, that are
secured by collateral or has a guarantee
that qualifies for the 100 percent risk
weight.
• Performance standby letters of credit and
transaction-related contingent items that
must be risk-weighted according to the
Country Risk Classification (CRC) methodology.
o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described
above in the General Instructions for
Part II. Include:
o The credit equivalent amount of the
portion of performance standby letters
of credit, performance bids, bid bonds,
and warranties reported in Schedule
HC-L, item 3, that have been conveyed
to foreign banks.
14

Commercial and similar letters of credit
with an original maturity of one year or
less. Report in column A the face amount of
those commercial and similar letters of credit,
including self-liquidating, trade-related contingent items that arise from the movement of
goods, reported in Schedule HC-L, item 4,
with an original maturity of one year or less
that do not meet the definition of a securitization exposure as described in §.2 of the regulatory capital rules. Report those commercial
letters of credit with an original maturity
exceeding one year that do not meet the
definition of a securitization exposure in
Schedule HC-R, Part II, item 18(b).
• In column B, report 20 percent of the face
amount reported in column A.

HC-R-96

• In column C-0% risk weight, include the
credit equivalent amount of the portion of
commercial or similar letters of credit with
an original maturity of one year or less
reported in Schedule HC-L, item 4, that are
secured by collateral or has a guarantee
that qualifies for the zero percent risk
weight.
• In column G-20% risk weight, include the
credit equivalent amount of the portion of
commercial and similar letters of credit,
including self-liquidating, trade-related
contingent items that arise from the movement of goods, with an original maturity of
one year or less, reported in Schedule
HC-L, item 4, that have been conveyed to
U.S. depository institutions. Also include
the credit equivalent amount of the portion
of commercial or similar letters of credit
with an original maturity of one year or
less reported in Schedule HC-L, item 4,
that are secured by collateral or has a
guarantee that qualifies for the 20 percent
risk weight.
• In column H-50% risk weight, include the
credit equivalent amount of the portion of
commercial or similar letters of credit with
an original maturity of one year or less
reported in Schedule HC-L, item 4, that are
secured by collateral or has a guarantee
that qualifies for the 50 percent risk weight.
• In column I-100% risk weight, include the
portion of the credit equivalent amount
reported in column B that is not included in
columns C through H and J. Also include
the credit equivalent amount of the portion
of commercial or similar letters of credit
with an original maturity of one year or
less reported in Schedule HC-L, item 4,
that are secured by collateral or has a
guarantee that qualifies for the 100 percent
risk weight.
• Commercial and similar letters of credit
that must be risk-weighted according to the
Country Risk Classification (CRC) methodology
Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described
above in the General Instructions for
Part II. Include:
o The credit equivalent amount of commercial and similar letters of credit,
including self-liquidating, trade-related
contingent items that arise from the
movement of goods, with an original
maturity of one year or less, reported in
Schedule HC-L, item 4, that have been
conveyed to foreign banks.
15

Retained recourse on small business obligations sold with recourse. Report in column A
the amount of retained recourse on small
business obligations reported in Schedule
HC-S, Memorandum item 1(b), that do not
meet the definition of a securitization exposure as described in §.2 of the regulatory
capital rules.
For retained recourse on small business obligations sold with recourse that qualify as
securitization exposures, please see §42(h) of
the regulatory capital rule for purposes of
risk-weighting and report these exposures in
Schedule HC-R, Part II, item 10.
Under Section 208 of the Riegle Community
Development and Regulatory Improvement
Act of 1994, a ‘‘qualifying institution’’ that
transfers small business loans and leases on
personal property (small business obligations)
with recourse in a transaction that qualifies as
a sale under generally accepted accounting
principles (GAAP) must maintain risk-based
capital only against the amount of recourse
retained, provided the institution establishes a
recourse liability account that is sufficient
under GAAP. Only loans and leases to businesses that meet the criteria for a small business concern established by the Small Business Administration under Section 3(c) of the
Small Business Act (12 U.S.C.631) are eli-

FR Y-9C
Schedule HC-R

March 2017

gible for this favorable risk-based capital
treatment.
In general, a ‘‘qualifying institution’’ is one
that is well capitalized without regard to the
Section 208 provisions. If a holding company
ceases to be a qualifying institution or exceeds
the retained recourse limit set forth in banking
agency regulations implementing Section 208,
all new transfers of small business obligations
with recourse would not be treated as sales.
However, the reporting and risk-based capital
treatment described above will continue to
apply to any transfers of small business obligations with recourse that were consummated
during the time the holding company was a
‘‘qualifying institution’’ and did not exceed
the limit.
• In column B, report 100 percent of the
amount reported in column A.
• In column C-0% risk weight, include the
credit equivalent amount of the portion of
retained recourse on small business obligations sold with recourse reported in Schedule HC-S, Memorandum item 1(b), that are
secured by collateral or has a guarantee
that qualifies for the zero percent risk
weight.
• In column G-20% risk weight, include the
credit equivalent amount of the portion of
retained recourse on small business obligations sold with recourse reported in Schedule HC-S, Memorandum item 1(b), that are
secured by collateral or has a guarantee
that qualifies for the 20 percent risk weight.
• In column H-50% risk weight, include the
credit equivalent amount of the portion of
retained recourse on small business obligations sold with recourse reported in Schedule HC-S, Memorandum item 1(b), that are
secured by collateral or has a guarantee
that qualifies for the 50 percent risk weight.
• In column I-100% risk weight, include the
portion of the credit equivalent amount
reported in column B that is not included in
columns C through H and J. Also include
the credit equivalent amount of the portion
HC-R-97

Schedule HC-R

of retained recourse on small business obligations sold with recourse reported in
Schedule HC-S, Memorandum item 1(b),
that are secured by collateral or has a
guarantee that qualifies for the 100 percent
risk weight.
16

Repo-style transactions. Repo-style transactions include:
• Securities lending transactions, including
transactions in which the holding company
acts as an agent for a customer and indemnifies the customer against loss. Securities
lent are reported in Schedule HC-L, item
6(a).
• Securities borrowing transactions Securities
borrowed are reported in Schedule HC-L,
item 6(b).
• Securities purchased under agreements to
resell (i.e., reverse repos). Securities purchased under agreements to resell are
reported in Schedule HC, item 3(b).
• Securities sold under agreements to repurchase (i.e., repos). Securities sold under
agreements to repurchase are reported in
Schedule HC, item 14(b).30
Report in column A the exposure amount of
repo-style transactions that do not meet the
definition of a securitization exposure as
described in §.2 of the regulatory capital
rules.
For repo-style transactions to which the holding company applies the Simple Approach to
recognize the risk-mitigating effects of qualifying financial collateral, as outlined in §.37
of the regulatory capital rules, the exposure
amount to be reported in column A is the sum
of the fair value as of the report date of

30. Although securities purchased under agreements to resell and securities sold under agreements to repurchase are reported on the balance
sheet (Schedule HC) as assets and liabilities, respectively, they are included
with securities lent and securities borrowed and designated as repo-style
transactions that are treated collectively as off-balance sheet items under
the regulatory capital rules.

HC-R-98

securities the holding company has lent,31 the
amount of cash or the fair value as of the
report date of other collateral the holding
company has posted for securities borrowed,
the amount of cash provided to the counterparty for securities purchased under agreements to resell (as reported in Schedule HC,
item 3(b), and the fair value as of the report
date of securities sold under agreements to
repurchase.
For repo-style transactions to which the holding company applies the Collateral Haircut
Approach to recognize the risk-mitigating
effects of qualifying financial collateral, as
outlined in §.37 of the regulatory capital rules,
the exposure amount to be reported in column
A for a repo-style transaction or a singleproduct netting set of such transactions is
determined by using the exposure amount
equation in §.37(c) of the regulatory capital
rules.
A holding company may apply either the
Simple Approach or the Collateral Haircut
Approach to repo-style transactions; however,
the holding company must use the same
approach for similar exposures or transactions. For further information, see the discussion of ‘‘Treatment of Collateral and Guarantees’’ in the General Instructions for Schedule
HC-R, Part II.
• In column B, report 100 percent of the
exposure amount reported in column A.
• In column C-0% risk weight, include the
credit equivalent amount of repo-style transactions that are supported by the appropriate amount of collateral that qualifies for
the zero percent risk weight under the
regulatory capital rules (refer to §.37 of the
regulatory capital rules).
• In column D-2% risk weight, include the
credit equivalent amount of centrally cleared

31. For held-to-maturity securities that have been lent, the amortized
cost of these securities is reported in Schedule HC-L, item 6(a), but the fair
value of these securities should be reported as the exposure amount in
column A of this item.

Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

repo-style transactions with Qualified Central Counterparties (QCCPs), as defined in
§.2 and described in §.35 of the regulatory
capital rules.
• In column E-4% risk weight, include the
credit equivalent amount of centrally cleared
repo-style transactions with QCCPs in all
other cases that do not meet the criteria of
qualification for a 2 percent risk weight, as
described in §.35 of the regulatory capital
rules.
• In column G-20% risk weight, include the
credit equivalent amount of repo-style transactions that are supported by the appropriate amount of collateral that qualifies for the
20 percent risk weight under the regulatory
capital rules. Also include the credit equivalent amount of repo-style transactions that
represents exposures to U.S. depository
institutions.
• In column H-50% risk weight, include the
credit equivalent amount of repo-style transactions that are supported by the appropriate amount of collateral that qualifies for the
50 percent risk weight under the regulatory
capital rules.
• In column I-100% risk weight, include the
portion of the credit equivalent amount
reported in column B that is not included in
columns C through H, J, and R. Also
include the credit equivalent amount of
repo-style transactions that are supported
by the appropriate amount of collateral that
qualifies for the 100 percent risk weight
under the regulatory capital rules.
• In column J-150% risk weight, include the
credit equivalent amount of repo-style transactions that are supported by the appropriate amount of collateral that qualifies for the
150 percent risk weight under the regulatory capital rules.
• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of repo-style transactions that is secured
by qualifying financial collateral that meets
the definition of a securitization exposure in
FR Y-9C
Schedule HC-R

September 2015

§.2 of the regulatory capital rules or is a
mutual fund only if the holding company
chooses to recognize the risk-mitigating
effects of the securitization exposure collateral under the simple approach or the collateral haircut approach outlined in §.37 of the
regulatory capital rules. Under the simple
approach, the risk weight assigned to the
collateralized portion of the repo-style exposure may not be less than 20 percent.
o Include in column R the portion of
repo-style transactions secured by the
fair value or adjusted fair value of securitization exposure or mutual fund collateral as determined under the simple
approach or the collateral haircut
approach, respectively; however, the
holding company must apply the same
approach for all repo-style transactions.
In addition, if the holding company
applies the simple approach, it must
apply the same approach - either the
Simplified
Supervisory
Formula
Approach or the Gross-Up Approach that it applies to determine the riskweighted asset amounts of its on- and
off-balance sheet securitization exposures that are reported in Schedule HC-R,
Part II, items 9 and 10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of repo-style transactions secured by such collateral. Any
remaining portion of the repo-style exposure that is uncollateralized or collateralized by other qualifying collateral
would be reported in columns C through
J, as appropriate.
For further information, see the discussions of
‘‘Treatment of Collateral and Guarantees’’
and ‘‘Risk-Weighted Assets for Securitization
Exposures’’ in the General Instructions for
Schedule HC-R, Part II.
• Repo-style transactions that must be riskweighted according to the Country Risk
Classification (CRC) methodology
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Schedule HC-R

o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described
above in the General Instructions for
Part II. Include:
o The credit equivalent amount of repostyle transactions that represents exposures to foreign central banks and foreign banks.
Examples: Reporting Securities Sold Under
Agreements to Repurchase (Repos) Under the
Simple Approach for Recognizing Effects of
Collateral
§.37 of the regulatory capital rules provides
for the recognition of the risk-mitigating
effects of collateral when risk-weighting assets
collateralized by financial collateral, as defined
in §.2. The following examples illustrate the
calculation of risk-weighted assets and the
reporting of securities sold under agreements
to repurchase (repos) in Schedule HC-R, Part
II, item 16, using the Simple Approach.
Example 1: Security sold under agreement
to repurchase fully collateralized by cash.
A holding company has transferred an
available-for-sale (AFS) debt security to a
counterparty in a repo transaction that is
accounted for as a secured borrowing on the
bank’s balance sheet. The bank received $100
in cash from the repo counterparty in this
transaction. The amortized cost and the fair
value of the AFS debt security are both $100
as of the report date.32 The debt security is an
exposure to a U.S. government sponsored
entity (GSE) that qualifies for a 20 percent
risk weight. The repo counterparty is a com32. In both Example 1 and Example 2, because the fair value carrying
value of the AFS GSE debt security equals the amortized cost of the debt
security, a holding company that has made the AOCI opt-out election in
Schedule HC-R, Part I, item 3(a), does not need to adjust the carrying
value (i.e., the fair value) of the debt security to determine the exposure
amount of the security. Thus, for a holding company that has made the
AOCI opt-out election, the carrying value of the AFS debt security equals
its exposure amount in Examples 1 and 2.

HC-R-100

pany that would receive a 100 percent risk
weight.
Calculation of risk-weighted assets for the transaction:
1. The holding company continues to report the AFS
GSE debt security as an asset on its balance sheet
and to risk weight the security as an on-balance sheet
asset at 20 percent:33
a. $100 x 20% = $20
2. The holding company has a $100 exposure to the
repo counterparty (the report date fair value of the
security transferred to the counterparty) that is collateralized by the $100 of cash received from the
counterparty. The holding company risk weights its
exposure to the repo counterparty at zero percent in
recognition of the cash received in the transaction
from the counterparty: $100 x 0% = $0
3. There is no additional exposure to the repo counterparty to risk weight because the exposure to the
counterparty is fully collateralized by the cash
received.
Total risk-weighted assets arising from the
transactions: $20
The holding company would report the transaction as
follows:
1. The holding company reports the AFS debt security
in Schedule HC-R, Part II, item 2(b):
a. The $100 carrying value (i.e., fair value) of the
AFS debt security on the balance sheet will be
reported in column A.34
b. The $100 exposure amount of the AFS debt
security will be reported in column G - 20
percent risk weight (which is the applicable
risk weight for a U.S. GSE debt security).
2. The holding company reports the repurchase agreement in Schedule HC-R, Part II, item 16:
a. The holding company’s $100 exposure to the
repo counterparty, which is the fair value of
the debt security transferred in the repo transaction, is the exposure amount to be reported
in column A.

33. See footnote 32.

Schedule HC-R

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Schedule HC-R

the $100 of cash received from the counterparty, the $100 credit equivalent amount of the
repurchase agreement will be reported in column C - 0 percent risk weight (which is the
applicable risk weight for cash collateral).

b. The $100 credit equivalent amount of the
holding company’s exposure to the repo counterparty will be reported in column B.
c. Because the holding company’s exposure to
the repo counterparty is fully collateralized by

(Column C)
(Column A)
Totals from
Schedule RC
2(b). AFS Securities

(Column B)
Adjustments

0%

$100

20%

100%

$100

(Column A)
Face or
notional

(Column B)
Credit Equiv.

$100

$100

Example 2: Security sold under an agreement to
repurchase (repo) not fully collateralized by cash.
A holding company has transferred an AFS debt security
to a counterparty in a repo transaction that is accounted
for as a secured borrowing on the bank’s balance sheet.
The holding company received $98 in cash from the repo
counterparty in this transaction. The amortized cost and
the fair value of the AFS debt security are both $100 as of
the report date.35 The debt security is an exposure to a
U.S. GSE that qualifies for a 20 percent risk weight. The
repo counterparty is a company that would receive a 100
percent risk weight.
Calculation of risk-weighted assets for the transaction:
1. The bank continues to report the AFS GSE debt
security as an asset on its balance sheet and to
riskweight the security as an on-balance sheet asset
at 20 percent:36
$100 x 20% = $20
2. The holding company has a $100 exposure to the
repo counterparty (the report date fair value of the
34. See footnote 32.

(Column I)

Allocation by Risk-Weight Category

(Column C)

16. Repo-sytle
Transactions

(Column G)

(Column G)

2(b).

(Column I)

Allocation by Risk-Weight Category
0%

20%

100%

$100

16.

security transferred to the counterparty) of which
$98 is collateralized by the cash received from the
counterparty. The holding company risk weights the
portion of its exposure to the repo counterparty that
is collateralized by the cash received from the counterparty at zero percent: $98 x 0% = $0
3. The holding company risk weights its $2 uncollateralized exposure to the repo counterparty using the
risk weight applicable to the counterparty: $2 x
100% = $2
Total risk-weighted assets for the above
transactions: $22
The holding company would report the transaction in
Schedule HC-R, Part II, as follows:
1. The holding reports the AFS debt security in item
2(b):
a. The $100 carrying value (i.e., the fair value) of
the AFS debt security on the balance sheet will be
reported in column A.37
b. The $100 exposure amount of the AFS debt
security will be reported in column G-20% risk

35. See footnote 32.
36. See footnote 32.
FR Y-9C
Schedule HC-R

September 2015

37. See footnote 32.

HC-R-101

Schedule HC-R

weight (which is the applicable risk weight for a
U.S. GSE debt security).

c. Because the holding company’s exposure to the
repo counterparty is collateralized by the $98 of
cash received from the counterparty, $98 of the
$100 credit equivalent amount of the repurchase
agreement will be reported in column C-0% risk
weight (which is the applicable risk weight for
cash collateral).

2. The holding company reports the repurchase agreement in item 16:
a. The holding company’s $100 exposure to the repo
counterparty, which is the fair value of the debt
security transferred in the repo transaction, is the
exposure amount to be reported in column A.

d. The $2 uncollateralized exposure to the repo
counterparty will be reported in column I-100%
risk weight (which is the applicable risk weight
for the repo counterparty).

b. The $100 credit equivalent amount of the holding
company’s exposure to the repo counterparty will
be reported in column B.

(Column C)
(Column A)
Totals from
Schedule RC
2(b). AFS Securities

(Column B)
Adjustments

17

0%

$100

20%

100%

$100

(Column A)
Face or
notional

(Column B)
Credit Equiv.

$100

$100

(Column G)

2(b).

(Column I)

Allocation by Risk-Weight Category
0%
$98

20%

100%
$2

16.

All other off-balance sheet liabilities. Report
in column A:

exposure as described in §.2 of the regulatory capital rules, and

• The notional amount of all other off-balance
sheet liabilities reported in Schedule HC-L,
item 9, that are covered by the regulatory
capital rules,

• The notional amount of all forward agreements, which are defined as legally binding
contractual obligations to purchase assets
with certain drawdown at a specified future
date, not including commitments to make
residential mortgage loans or forward foreign exchange contracts.

• The face amount of risk participations in
bankers acceptances that have been acquired
by the reporting institution and are outstanding,

HC-R-102

(Column I)

Allocation by Risk-Weight Category

(Column C)

16. Repo-Style
Transactions

(Column G)

However, exclude from column A:

• The full amount of loans sold with creditenhancing representations and warranties
that do not meet the definition of a securitization exposure as described in §.2 of the
regulatory capital rules,

• The amount of credit derivatives classified
as trading assets that are subject to the
market risk capital rule (report in Schedule
HC-R, Part II, items 20 and 21, as appropriate), and

• The notional amount of written option contracts that act as financial guarantees that do
not meet the definition of a securitization

• Credit derivatives purchased by the holding
company that are recognized as guarantees
of an asset or off-balance sheet exposure
Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

• In column I-100% risk weight, include the
portion of the credit equivalent amount
reported in column B that is not included in
columns C through J. Include the credit
equivalent amount of liabilities to counterparties who meet, or that have guarantees or
collateral that meets, the criteria for the 100
percent risk weight category as described in
the instructions for Risk-Weighted Assets
and for Schedule HC-R, Part II, items 1
through 8, above.

under the regulatory capital rules, i.e., credit
derivatives on which the holding company
is the beneficiary (report the guaranteed
asset or exposure in Schedule HC-R, Part II,
in the appropriate balance sheet or offbalance sheet category - e.g., item 5, ‘‘Loans
and leases, held for investment’’ - and in the
risk weight category applicable to the derivative counterparty - e.g., column G - 20%
risk weight - rather than the risk weight
category applicable to the obligor of the
guaranteed asset), and

• In column J-150% risk weight, include the
credit equivalent amount of liabilities to
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the 150 percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.

• The notional amount of standby letters of
credit issued by another depository institution, a Federal Home Loan Bank, or any
other entity on behalf of the reporting holding company that are reported in Schedule
HC-L, item 9, because these letters of credit
are not covered by the regulatory capital
rules.
• In column B, report 100 percent of the face
amount, notional amount, or other amount
reported in column A.

• All other off-balance sheet liabilities that
must be risk-weighted according to the
Country Risk Classification (CRC) methodology

• In column C-0% risk weight, include the
credit equivalent amount of liabilities to
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the zero percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.

o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described above
in the General Instructions for Part II.
Include:

• In column G-20% risk weight, include the
credit equivalent amount of liabilities to
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the 20 percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.

o The credit equivalent amount of those
other off-balance sheet liabilities
described above in the instructions for
Column A of this item that represent
exposures to foreign central banks and
foreign banks.

• In column H-50$ risk weight, include the
credit equivalent amount of liabilities to
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the 50 percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.
FR Y-9C
Schedule HC-R

March 2018

18

Unused commitments. (Exclude unused commitments to asset-backed commercial paper
conduits.) Report in items 18(a) and 18(b) the
amounts of unused commitments, excluding
those that are unconditionally cancelable,
which are to be reported in Schedule HC-R,
Part II, item 19. Where a holding company
provides a commitment structured as a syndication or participation, the holding company
is only required to calculate the exposure
HC-R-103

Schedule HC-R

amount for its pro rata share of the commitment.
Exclude from items 18(a) and 18(b) any
unused commitments that qualify as securitization exposures, as defined in §.2 of the
regulatory capital rules. Unused commitments
that are securitization exposures must be
reported in Schedule HC-R, Part II, item 10,
column A. Also exclude default fund contributions in the form of commitments made by
a clearing member to a central counterparty’s
mutualized loss sharing arrangement. Such
default fund contributions must be reported
(as a negative number) in Schedule HC-R,
Part II, item 8, column B.
18(a) Original maturity of one year or less. Report
in column A the unused portion of those
unused commitments reported in Schedule
HC-L, item 1, with an original maturity of one
year or less.

• In column G-20% risk weight, include the
credit equivalent amount of unused commitments to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the 20 percent risk weight category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.
• In column H-50% risk weight, include the
credit equivalent amount of unused commitments to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the 50 percent risk weight category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.

Under the regulatory capital rules, the unused
portion of commitments (facilities) that are
unconditionally cancelable (without cause) at
any time by the holding company have a zero
percent credit conversion factor. The unused
portion of such unconditionally cancelable
commitments should be excluded from this
item and reported in Schedule HC-R, Part II,
item 19. For further information, see the
instructions for item 19.

• In column I-100% risk weight, include the
portion of the credit equivalent amount
reported in column B that is not included in
columns C through H, J, and R. Include the
credit equivalent amount of unused commitments to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the 100 percent risk weight
category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.

‘‘Original maturity’’ is defined as the length
of time between the date a commitment is
issued and the date of maturity, or the earliest
date on which the holding company (1) is
scheduled to (and as a normal practice actually does) review the facility to determine
whether or not it should be extended and (2)
can unconditionally cancel the commitment.

• In column J-150% risk weight, include the
credit equivalent amount of unused commitments to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the 150 percent risk weight
category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.

• In column B, report 20 percent of the
amount of unused commitments reported in
column A.
• In column C-0% risk weight, include the
credit equivalent amount of unused commitments to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the zero percent risk weight
HC-R-104

category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.

• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of unused commitments that is secured
by qualifying financial collateral that meets
the definition of a securitization exposure in
§.2 of the regulatory capital rules or is a
mutual fund only if the holding company
chooses to recognize the risk-mitigating
effects of the securitization exposure or
Schedule HC-R

FR Y-9C
September 2016

Schedule HC-R

mutual fund collateral under the simple
approach outlined in §.37 of the regulatory
capital rules. Under the simple approach,
the risk weight assigned to the collateralized portion of an unused commitment may
not be less than 20 percent.
o Include in column R the portion of unused
commitments secured by the fair value of
securitization exposure or mutual fund
collateral as determined under the simple
approach. In addition, the holding company must apply the same approach to
securitization exposure collateral - either
the Simplified Supervisory Formula
Approach or the Gross-Up Approach that it applies to determine the riskweighted asset amounts of its on- and
off-balance sheet securitization exposures
that are reported in Schedule HC-R, Part
II, items 9 and 10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of unused commitments secured by such collateral. Any
remaining portion of the unused commitment that is uncollateralized or collateralized by other qualifying collateral would
be reported in columns C through J, as
appropriate.
For further information, see the discussions of
‘‘Treatment of Collateral and Guarantees’’
and ‘‘Risk-Weighted Assets for Securitization
Exposures’’ in the General Instructions for
Schedule HC-R, Part II.
• Unused commitments with an original maturity of one year or less, excluding ABCP
conduits, that must be risk weighted according to the Country Risk Classification (CRC)
methodology
o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described above
FR Y-9C
Schedule HC-R

September 2015

in the General Instructions for Part II.
Include:
o The credit equivalent amount of those
unused commitments described above in
the instructions for Column A of this item
that represent exposures to foreign banks.
18(b) Original maturity exceeding one year.
Report in column A the unused portion of
those commitments to make or purchase extensions of credit in the form of loans or participations in loans, lease financing receivables,
or similar transactions reported in Schedule
HC-L, item 1, that have an original maturity
exceeding one year and are subject to the
regulatory capital rules. Also report in column
A the face amount of those commercial and
similar letters of credit reported in Schedule
HC-L, item 4, with an original maturity
exceeding one year that do not meet the
definition of a securitization exposure as
described in §.2 of the regulatory capital
rules.
Under the regulatory capital rules, the unused
portion of commitments (facilities) which are
unconditionally cancelable (without cause) at
any time by the holding company (to the
extent permitted under applicable law) have a
zero percent credit conversion factor. The
unused portion of such unconditionally cancelable commitments should be excluded from
this item and reported in Schedule HC-R, Part
II, item 19. For further information, see the
instructions for item 19.
Also include in column A the unused portion
all revolving underwriting facilities (RUFs)
and note issuance facilities (NIFs), regardless
of maturity.
In the case of consumer home equity or
mortgage lines of credit secured by liens on
1-4 family residential properties, a holding
company is deemed able to unconditionally
cancel the commitment if, at its option, it can
prohibit additional extensions of credit, reduce
the credit line, and terminate the commitment
to the full extent permitted by relevant federal
law. Retail credit cards and related plans,
HC-R-105

Schedule HC-R

including overdraft checking plans and overdraft protection programs, are defined to be
short-term commitments that should be converted at zero percent and excluded from this
item 18(b) if the holding company has the
unconditional right to cancel the line of credit
at any time in accordance with applicable law.
For commitments providing for increases in
the dollar amount of the commitment, the
amount to be converted to an on-balance sheet
credit equivalent amount and risk weighted is
the maximum dollar amount that the holding
company is obligated to advance at any time
during the life of the commitment. This
includes seasonal commitments where the
dollar amount of the commitment increases
during the customer’s peak business period.
In addition, this risk-based capital treatment
applies to long-term commitments that contain short-term options which, for a fee, allow
the customer to increase the dollar amount of
the commitment. Until the short-term option
has expired, the reporting holding company
must convert and risk weight the amount
which it is obligated to lend if the option is
exercised. After the expiration of a short-term
option which has not been exercised, the
unused portion of the original amount of the
commitment is to be used in the credit conversion process.
• In column B, report 50 percent of the
amount of unused commitments and the
face amount of commercial and similar
letters of credit reported in column A. Note
that unused commitments that qualify as
securitization exposures as defined in §.2 of
the regulatory capital rules should be
reported as securitization exposures in
Schedule HC-R, Part II, item 10.
• In column C-0% risk weight, include the
credit equivalent amount of unused commitments and commercial and similar letters of
credit to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the zero percent risk weight
category as described in the instructions for
HC-R-106

Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.
• In column G-20% risk weight, include the
credit equivalent amount of unused commitments and commercial and similar letters of
credit to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the 20 percent risk weight category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.
Include the credit equivalent amount of
commitments that have been conveyed to
U.S. depository institutions. Include the
credit equivalent amount of those commercial and similar letters of credit reported in
Schedule HC-L, item 4, with an original
maturity exceeding one year that have been
conveyed to U.S. depository institutions.
• In column H-50% risk weight, include the
credit equivalent amount of unused commitments and commercial and similar letters of
credit to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the 50 percent risk weight category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.
• In column I-100% risk weight, include the
portion of the credit equivalent amount
reported in column B that is not included in
columns C through H, J, and R. Also
include the credit equivalent amount of
unused commitments and commercial and
similar letters of credit to counterparties
who meet, or that have guarantees or collateral that meets, the criteria for the 100
percent risk weight category as described in
the instructions for Risk-Weighted Assets
and for Schedule HC-R, Part II, items 1
through 8, above.
• In column J-150% risk weight, include the
credit equivalent amount of unused commitments and commercial and similar letters of
credit to counterparties who meet, or that
have guarantees or collateral that meets, the
criteria for the 150 percent risk weight
Schedule HC-R

FR Y-9C
September 2016

Schedule HC-R

category as described in the instructions for
Risk-Weighted Assets and for Schedule
HC-R, Part II, items 1 through 8, above.

• Unused commitments and commercial and
similar letters of credit with an original
maturity exceeding one year that must be
risk-weighted according to the Country
Risk Classification (CRC) methodology

• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of unused commitments that is secured
by qualifying financial collateral that meets
the definition of a securitization exposure in
§.2 of the regulatory capital rules or is a
mutual fund only if the holding company
chooses to recognize the risk-mitigating
effects of the securitization exposure or
mutual fund collateral under the simple
approach outlined in §.37 of the regulatory
capital rules. Under the simple approach,
the risk weight assigned to the collateralized portion of an unused commitment may
not be less than 20 percent.
o Include in column R the portion of unused
commitments secured by the fair value of
securitization exposure or mutual fund
collateral as determined under the simple
approach. In addition, the holding company must apply the same approach to
securitization exposure collateral - either
the Simplified Supervisory Formula
Approach or the Gross-Up Approach that it applies to determine the riskweighted asset amounts of its on- and
off-balance sheet securitization exposures
that are reported in Schedule HC-R, Part
II, items 9 and 10.
o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of unused commitments secured by such collateral. Any
remaining portion of the unused commitment that is uncollateralized or collateralized by other qualifying collateral would
be reported in columns C through J, as
appropriate.
For further information, see the discussions of
“Treatment of Collateral and Guarantees” and
“Risk-Weighted Assets for Securitization
Exposures” in the General Instructions for
Schedule HC-R, Part II.
FR Y-9C
Schedule HC-R

September 2015

o In column C-0% risk weight; column
G-20% risk weight; column H-50% risk
weight; column I-100% risk weight; column J-150% risk weight. Assign these
exposures to risk weight categories based
on the CRC methodology described above
in the General Instructions for Part II.
Include:
o The credit equivalent amount of those
unused commitments described above in
the instructions for Column A of this item
that represent exposures to foreign banks.
o The credit equivalent amount of those
commercial and similar letters of credit
reported in Schedule HC-L, item 4, with
an original maturity exceeding one year
that have been conveyed to foreign banks.
19

Unconditionally cancelable commitments.
Report the unused portion of those unconditionally cancelable commitments reported in
Schedule HC-L, item 1, that are subject to the
regulatory capital rules. The unused portion
of commitments (facilities) that are unconditionally cancelable (without cause) at any
time by the bank (to the extent permitted by
applicable law) have a zero percent credit
conversion factor. The holding company
should report the unused portion of such
commitments in column A of this item and
zero in column B of this item.
In the case of consumer home equity or
mortgage lines of credit secured by liens on
1-4 family residential properties, a holding
company is deemed able to unconditionally
cancel the commitment if, at its option, it can
prohibit additional extensions of credit, reduce
the credit line, and terminate the commitment
to the full extent permitted by relevant federal
law. Retail credit cards and related plans,
including overdraft checking plans and overdraft protection programs, are defined to be
HC-R-107

Schedule HC-R

20

sure as described in §.2 of the regulatory
capital rules; such derivative contracts must
be reported in Schedule HC-R, Part II, item 10.

short-term commitments that should be converted at zero percent and included in this
item if the holding company has the unconditional right to cancel the line of credit at any
time in accordance with applicable law.
Over-the-counter derivatives. Report in column B the credit equivalent amount of overthe-counter derivative contracts covered by
the regulatory capital rules. As defined in §.2
of the regulatory capital rules, an over-thecounter (OTC) derivative contract is a derivative contract that is not a cleared
transaction.35a Include OTC credit derivative
contracts held for trading purposes and subject to the market risk capital rule. Do not
include the credit equivalent amount of centrally cleared derivative contracts, which must
be reported in Schedule HC-R, Part II, item 21.
Do not include OTC derivative contracts that
meet the definition of a securitization expo-

The credit equivalent amount of an OTC
derivative contract to be reported in Column
B is the sum of its current credit exposure (as
reported in Schedule HC-R, Part II, Memorandum item 1) plus the potential future exposure
over the remaining life of the derivative contract (regardless of its current credit exposure,
if any), as described in §.34 of the regulatory
capital rules. The current credit exposure of a
derivative contract is (1) the fair value of the
contract when that fair value is positive and
(2) zero when the fair value of the contract is
negative or zero. The potential future credit
exposure of a contract, which is based on the
type of contract and the contract’s remaining
maturity, is determined by multiplying the
notional principal amount of the contract by
the appropriate credit conversion factor from
the following chart. The notional principal
amounts of the reporting holding company’s
OTC derivatives that are subject to the riskbased capital requirements are reported by
remaining maturity in Schedule HC-R, Part II,
Memorandum items 2(a) through 2(g).

35a. An OTC derivative includes a transaction:
(1) Between an institution that is a clearing member and a counterparty
where the institution is acting as a financial intermediary and enters
into a cleared transaction with a central counterparty (CCP) that
offsets the transaction with the counterparty; or
(2) In which an institution that is a clearing member provides a CCP a
guarantee on the performance of the counterparty to the transaction.

Remaining Maturity

Interest
Rate

Foreign
exchange
rate and
gold

Credit
(investment
grade reference
assets)

Credit
(noninvestment
grade reference
assets)

Equity

Precious
metals
(except
gold)

Other

One year or less

0.0%

1.0%

5.0%

10.0%

6.0%

7.0%

10.0%

Greater than one year
& less than or equal to
five years

0.5%

5.0%

5.0%

10.0%

8.0%

7.0%

12.0%

Greater than five years

1.5%

7.5%

5.0%

10.0%

10.0%

8.0%

15.0%

Under the Federal Reserve’s regulatory capital rules and
for purposes of Schedule HC-R, Part II, the existence of a
legally enforceable bilateral netting agreement between
the reporting holding company and a counterparty may
HC-R-108

be taken into consideration when determining both the
current credit exposure and the potential future exposure
of derivative contracts. For further information on the

Schedule HC-R

FR Y-9C
March 2017

Schedule HC-R

treatment of bilateral netting agreements covering derivative contracts, refer to the instructions for Schedule
HC-R, Part II, Memorandum item 1, and §.34 of the
regulatory capital rules.
When assigning OTC derivative exposures to risk weight
categories, holding companies can recognize the riskmitigating effects of financial collateral by using either
the simple approach or the collateral haircut approach, as
described in §.37 of the regulatory capital rules.
• In column C-0% risk weight, include the
credit equivalent amount of over-thecounter derivative contracts with counterparties who meet, or that have guarantees or
collateral that meets, the criteria for the zero
percent risk weight category as described in
the instructions for Risk-Weighted Assets
and for Schedule HC-R, Part II, items 1
through 8, above. This includes over-thecounter derivative contracts that are markedto-market on a daily basis and subject to a
daily margin maintenance requirement, to
the extent the contracts are collateralized by
cash on deposit at the reporting institution.
• In column F-10% risk weight, include the
credit equivalent amount of over-thecounter derivative contracts that are markedto-market on a daily basis and subject to a
daily margin maintenance requirement, to
the extent the contracts are collateralized by
a sovereign exposure that qualifies for a
zero percent risk weight under §.32 of the
regulatory capital rules.

the instructions for Risk-Weighted Assets
and for Schedule HC-R, Part II, items 1
through 8, above.
• In column I-100% risk weight, include the
credit equivalent amount of over-thecounter derivative contracts with counterparties who meet, or that have guarantees or
collateral that meets, the criteria for the 100
percent risk weight category as described in
the instructions for Risk-Weighted Assets
and for Schedule HC-R, Part II, items 1
through 8, above. Also include the portion
of the credit equivalent amount reported in
column B that is not included in columns C
through H, J, and R.
• In column J-150% risk weight, include the
credit equivalent amount of over-thecounter derivative contracts with counterparties who meet, or that have guarantees or
collateral that meets, the criteria for the 150
percent risk weight category as described in
the instructions for Risk-Weighted Assets
and for Schedule HC-R, Part II, items 1
through 8, above.

• In column G-20% risk weight, include the
credit equivalent amount of over-thecounter derivative contracts with counterparties who meet, or that have guarantees or
collateral that meets, the criteria for the 20
percent risk weight category as described in
the instructions for Risk-Weighted Assets
and for Schedule HC-R, Part II, items 1
through 8, above.

• In columns R and S-Application of Other
Risk-Weighting Approaches, include the portion of over-the-counter derivative contracts that is secured by qualifying financial
collateral that meets the definition of a
securitization exposure in §.2 of the regulatory capital rules or is a mutual fund only if
the holding company chooses to recognize
the risk-mitigating effects of the securitization exposure or mutual fund collateral
under the simple approach or the collateral
haircut approach outlined in §.37 of the
regulatory capital rules. Under the simple
approach, the risk weight assigned to the
collateralized portion of the over-thecounter derivative exposure may not be less
than 20 percent.

• In column H-50% risk weight, include the
credit equivalent amount of over-thecounter derivative contracts with counterparties who meet, or that have guarantees or
collateral that meets, the criteria for the 50
percent risk weight category as described in

o Include in column R the portion of overthe-counter derivative contracts secured
by the fair value or adjusted fair value of
securitization exposure or mutual fund
collateral as determined under the simple
approach or the collateral haircut

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September 2015

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Schedule HC-R

approach, respectively; however, the holding company must apply the same
approach for all over-the-counter derivative contracts. In addition, if the holding
company applies the simple approach, it
must apply the same approach - either the
Simplified
Supervisory
Formula
Approach or the Gross-Up Approach that it applies to determine the riskweighted asset amounts of its on- and
off-balance sheet securitization exposures
that are reported in Schedule HC-R, Part
II, items 9 and 10.

central counterparty (CCP), that is, a transaction that a CCP has accepted. Include centrally cleared credit derivative contracts held
for trading purposes and subject to the market
risk capital rule. Do not include the credit
equivalent amount of over-the-counter derivative contracts; which must be reported in
Schedule HC-R, Part II, item 20. Do not
include centrally cleared derivative contracts
that meet the definition of a securitization
exposure as described in §.2 of the regulatory
capital rules; such derivative contracts must
be reported in Schedule HC-R, Part II, item 10.

o Report in column S the risk-weighted
asset amount of the securitization exposure or mutual fund collateral that collateralizes the portion of over-the-counter
derivative contracts secured by such collateral. Any remaining portion of the
over-the-counter derivative exposure that
is uncollateralized or collateralized by
other qualifying collateral would be
reported in columns C through J, as
appropriate.

The credit equivalent amount of a centrally
cleared derivative contract is the sum of its
current credit exposure (as reported in Schedule HC-R, Memorandum item 1), plus the
potential future exposure over the remaining
life of the derivative contract, plus the fair
value of collateral posted by the clearing
member client and held by the CCP or a
clearing member in a manner that is not
bankruptcy remote. The current credit exposure of a derivative contract is (1) the fair
value of the contract when that fair value is
positive and (2) zero when the fair value of
the contract is negative or zero. The potential
future credit exposure of a contract, which is
based on the type of contract and the contract’s remaining maturity, is determined by
multiplying the notional principal amount of
the contract by the appropriate credit conversion factor from the following chart. The
notional principal amounts of the reporting
holding company’s centrally cleared derivatives that are subject to the risk-based capital
requirements are reported by remaining maturity in Schedule HC-R, Part II, Memorandum
items 3(a) through 3(g).

For further information, see the discussions of
‘‘Treatment of Collateral and Guarantees’’
and ‘‘Risk-Weighted Assets for Securitization
Exposures’’ in the General Instructions for
Schedule HC-R, Part II.
21

HC-R-110

Centrally cleared derivatives. Report in column B the credit equivalent amount of centrally cleared derivative contracts covered by
the regulatory capital rules. As described in
§.2 of the regulatory capital rules, a centrally
cleared derivative contract is an exposure
associated with an outstanding derivative contract that an institution, or an institution that is
a clearing member has entered into with a

Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

Credit
(investment
grade
reference
assets)

Credit
(noninvestment
grade reference
assets)

Equity

Precious
metals
(except
gold)

Other

Remaining Maturity

Interest
Rate

Foreign
exchange
rate and
gold

One year or less

0.0%

1.0%

5.0%

10.0%

6.0%

7.0%

10.0%

Greater than one year
& less than or equal to
five years

0.5%

5.0%

5.0%

10.0%

8.0%

7.0%

12.0%

Greater than five years

1.5%

7.5%

5.0%

10.0%

10.0%

8.0%

15.0%

• In column C-0% risk weight, include the
credit equivalent amount of centrally cleared
derivative contracts with CCPs and other
counterparties who meet, or that have guarantees or collateral that meet the criteria for
the zero percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.
• In column D-2% risk weight, include the
credit equivalent amount of centrally cleared
derivative contracts with Qualified Central
Counterparties (QCCPs) where the collateral posted by the holding company to the
QCCP or clearing member is subject to an
arrangement that prevents any losses to the
clearing member client due to the joint
default or a concurrent insolvency, liquidation, or receivership proceeding of the clearing member and any other clearing member
clients of the clearing member; and the
clearing member client holding company
has conducted sufficient legal review to
conclude with a well-founded basis (and
maintains sufficient written documentation
of that legal review) that in the event of a
legal challenge (including one resulting
from default or from liquidation, insolvency, or receivership proceeding) the relevant court and administrative authorities
would find the arrangements to be legal,
valid, binding and enforceable under the
law of the relevant jurisdictions. See the
definition of QCCP in §.2 of the regulatory
capital rules.
FR Y-9C
Schedule HC-R

September 2015

• In column E-4% risk weight, include the
credit equivalent amount of centrally cleared
derivative contracts with QCCPs in all other
cases that do not meet the qualification
criteria for a 2 percent risk weight, as
described in §.2 of the regulatory capital
rules.
• In column G-20% risk weight, include the
credit equivalent amount of centrally cleared
derivative contracts with CCPs and other
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the 20 percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.
• In column H-50% risk weight, include the
credit equivalent amount of centrally cleared
derivative contracts with CCPs and other
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the 50 percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.
• In column I-100% risk weight, include the
credit equivalent amount of centrally cleared
derivative contracts with CCPs and other
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the 100 percent risk weight category
asdescribed in the instructions for RiskWeighted Assets and for Schedule HC-R,
HC-R-111

Schedule HC-R

22

Part II, items 1 through 8, above. Also
include the portion of the credit equivalent
amount reported in column B that is not
included in columns C through H and J.

agreed settlement price and the current market
price of the transaction, if the difference
results in a credit exposure of the holding
company to the counterparty.

• In column J-150% risk weight, include the
credit equivalent amount of centrally cleared
derivative contracts with CCPs and other
counterparties who meet, or that have guarantees or collateral that meets, the criteria
for the 150 percent risk weight category as
described in the instructions for RiskWeighted Assets and for Schedule HC-R,
Part II, items 1 through 8, above.

For delayed non-DvP/non-PVP transactions,40
also include in column A the current fair
value of the deliverables owed to the holding
company by the counterparty in those transactions with a normal settlement period in which
the reporting holding company has delivered
cash, securities, commodities, or currencies to
its counterparty, but has not received its corresponding deliverables, which are the nonDvP/non-PvP transactions subject to risk
weighting under §.38 of the regulatory capital
rules.

Unsettled transactions (failed trades). Note:
This item includes unsettled transactions in
the reporting holding company’s trading book
and in its banking book. Report as unsettled
transactions all on- and off-balance sheet
transactions involving securities, foreign
exchange instruments, and commodities that
have a risk of delayed settlement or delivery,
or are already delayed, and against which the
reporting holding company must hold riskbased capital as described in §.38 of the
regulatory capital rules.
For transactions that are delivery-versuspayment (DvP) transactions38 and paymentversus-payment (PvP) transactions,39 report
in column A the positive current exposure of
those unsettled transactions with a normal
settlement period in which the reporting holding company’s counterparty has not made
delivery or payment within five business days
after the settlement date, which are the DvP
and PvP transactions subject to risk weighting
under §.38 of the regulatory capital rules.
Positive current exposure is equal to the difference between the transaction value at the

38. Delivery-versus-payment transaction means a securities or commodities transaction in which the buyer is obligated to make payment only
if the seller has made delivery of the securities or commodities and the
seller is obligated to deliver the securities or commodities only if the buyer
has made payment.
39. Payment-versus-payment transaction means a foreign exchange
transaction in which each counterparty is obligated to make a final transfer
of one or more currencies only if the other counterparty has made a final
transfer of one or more currencies.

HC-R-112

Do not include in this item: (1) cleared transactions that are marked-to-market daily and
subject to daily receipt and payment of variation margin; (2) repo-style transactions,
including unsettled repo-style transactions; (3)
one-way cash payments on over-the-counter
derivatives; and (4) transactions with a contractual settlement period that is longer than
the normal settlement period (generally greater
than 5 business days).
• In column C-0% risk weight, include the
fair value of deliverables owed to the holding company by a counterparty that qualifies for a zero percent risk weight under
§.32 of the regulatory capital rules that have
been delayed one to four business days for
non-DvP/non-PvP transactions.
• In column G-20% risk weight, include the
fair value of deliverables owed to the holding company by a counterparty that qualifies for a 20 percent risk weight under §.32
of the regulatory capital rules that have
been delayed one to four business days for
non-DvP/non-PvP transactions.
• In column H-50% risk weight, include the

40. Non-DvP/non-PvP transaction means any other delayed or unsettled
transaction that does not meet the definition of a delivery-versus-payment
or a payment-versus-payment transaction.

Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

fair value of deliverables owed to the holding company by a counterparty that qualifies for a 50 percent risk weight under §.32
of the regulatory capital rules that have
been delayed one to four business days for
non-DvP/non-PvP transactions.

o The fair value of the deliverables in NonDvP/non-PvP transactions in which the
holding company has not received deliverables from the counterparty five or
more business days after which the delivery was due.

• In column I-100% risk weight, include:
o The fair value of deliverables owed to the
holding company by a counterparty that
qualifies for a 100 percent risk weight
under §.32 of the regulatory capital rules
that have been delayed one to four business days for non-DvP/non-PvP transactions.

Totals
23

Total assets, derivatives, off-balance sheet items,
and other items subject to risk weighting by
risk weight category. For each of columns C
through P, report the sum of items 11 through 22.
For column Q, report the sum of items 10 through
22.

o The positive current exposure of DvP and
PvP transactions in which the counterparty has not made delivery or payment
within 5 to 15 business days after the
contractual settlement date.

24

Risk weight factor.

25

Risk-weighted assets by risk weight category.
For each of columns C through Q, multiply the
amount in item 23 by the risk weight factor
specified for that column in item 24.

• In column J-150% risk weight, include the
fair value of deliverables owed to the holding company by a counterparty that qualifies for a 150 percent risk weight under §.32
of the regulatory capital rules that have
been delayed one to four business days for
non-DvP/non-PvP transactions.

26

Risk-weighted assets base for purposes of calculating the allowance for loan and lease losses
1.25 percent threshold. Report the sum of:

• In column O-625% risk weight, the positive
current exposure of DvP and PvP transactions in which the counterparty has not
made delivery or payment within 16 to 30
business days after the contractual settlement date.
• In column P-937.5% risk weight, the positive current exposure of DvP and PvP transactions in which the counterparty has not
made delivery or payment within 31 to 45
business days after the contractual settlement date.
• In column Q-1250% risk weight, include:
o The positive current exposure of DvP and
PvP transactions in which the counterparty has not made delivery or payment
within 46 or more business days after the
contractual settlement date;
FR Y-9C
Schedule HC-R

September 2015

• Schedule HC-R, Part II:
o Items 2(b) through 20, column S;
o Items 9(a), 9(b), 9(c), 9(d), and 10, columns
T and U; and
o Item 25, columns C through Q
• Schedule HC-R, Part I:
o The portion of item 10(b) composed of
‘‘Investments in the institution’s own shares
to the extent not excluded as part of treasury
stock,’’
o The portion of item 10(b) composed of
‘‘Reciprocal cross-holdings in the capital of
financial institutions in the form of common
stock,’’
o Items 11 and 13 through 16
o Item 24, excluding the portion of item 24
composed of tier 2 capital deductions
reported in Part I, item 33, for which the
institution does not have a sufficient amount
of tier 2 capital before deductions reported
HC-R-113

Schedule HC-R

in Part I, item 32.a, to absorb these deductions, and

(1) An intangible asset (including any servicing
asset);
(2) A hedge of a trading position that is outside
the scope of the holding company’s hedging
strategy;

o Item 33.
NOTE: Item 27 is applicable only to holding companies
that are subject to the market risk capital rule.
27

(3) Any position that, in form or substance, acts
as a liquidity facility that provides support to
asset-backed commercial paper;

Standardized market risk-weighted assets.
Report the amount of the holding company’s
standardized market risk-weighted assets. This
line item is applicable only to those holding
companies covered by Subpart F of the regulatory
capital rules (i.e., the market risk capital rule), as
provided in §.201 of the regulatory capital rules.
A holding company’s measure for market risk for
its covered positions is the sum of its value-atrisk (VaR)-based, stressed VaR-based, incremental risk, and comprehensive risk capital requirements plus its specific risk add-ons and any
capital requirement for de minimis exposures. A
holding company’s market risk-weighted assets
equal its measure for market risk multiplied by
12.5 (the reciprocal of the minimum 8.0 percent
capital ratio).

(4) A credit derivative recognized as a guarantee
for risk-weighted asset calculation purposes under
the regulatory capital rules for credit risk;
(5) An equity position that is not publicly traded
(other than a derivative that references a publicly
traded equity);
(6) A position held with the intent to securitize;
or
(7) A direct real estate holding.
28

Risk-weighted assets before deductions for
excess allowance for loan and lease losses
and allocated transfer risk reserve. Report
the sum of items 2(b) through 20, column S;
items 9(a), 9(b), 9(c), 9(d), and 10, columns T
and U; item 25, columns C through Q; and, if
applicable, item 27. (Item 27 is applicable
only to holding companies that are subject to
the market risk capital rule).

29

LESS: Excess allowance for loan and lease
losses. Report the amount, if any, by which
the holding company’s allowance for loan and
lease losses for regulatory reporting purposes
exceeds 1.25 percent of the holding company’s risk-weighted assets base reported in
Schedule HC-R, Part II, item 26.

A covered position is a trading asset or trading
liability (whether on- or off-balance sheet), as
reported on Schedule HC-D, that is held for any
of the following reasons:
(1) For the purpose of short-term resale;
(2) With the intent of benefiting from actual or
expected short-term price movements;
(3) To lock in arbitrage profits; or
(4) To hedge another covered position.
Additionally, the trading asset or trading liability
must be free of any restrictive covenants on its
tradability or the holding company must be able
to hedge the material risk elements of the trading
asset or trading liability in a two-way market. A
covered position also includes a foreign exchange
or commodity position, regardless of whether the
position is a trading asset or trading liability
(excluding structural foreign currency positions if
supervisory approval has been granted to exclude
such positions).
A covered position does not include:
HC-R-114

The holding company’s allowance for loan
and lease losses for regulatory capital purposes equals Schedule HC, item 4(c), ‘‘Allowance for loan and lease losses,’’ less Schedule
HI-B, Part II, Memorandum item 1, ‘‘Allocated transfer risk reserve included in Schedule HI-B, Part II, item 7, above,’’ plus Schedule HC-G, item 3, ‘‘Allowance for credit
losses on off-balance sheet credit exposures.’’
If a holding company’s allowance for loan
and lease losses for regulatory capital purposes, as defined in the preceding sentence,
Schedule HC-R

FR Y-9C
September 2015

Schedule HC-R

exceeds 1.25 percent of Schedule HC-R, Part
II, item 26, the amount to be reported in this
item equals the holding company’s allowance
for loan and lease losses for regulatory capital
purposes less Schedule HC-R, Part I, item
30(a), ‘‘Allowance for loan and lease losses
includable in Tier 2 capital.’’
The sum of the amounts reported in Schedule
HC-R, Part I, item 30.a, plus Schedule HC-R,
Part II, item 29, must equal Schedule HC,
item 4(c), less Schedule HI-B, Part II, Memorandum item 1, plus Schedule HC-G, item 3.
30

31

LESS: Allocated transfer risk reserve.
Report the entire amount of any allocated
transfer risk reserve (ATRR) the reporting
holding company is required to establish and
maintain 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, letters, or
instructions issued by the agencies. The entire
amount of the ATRR equals the ATRR related
to loans and leases held for investment (which
is reported in Schedule HI-B, Part II, Memorandum item 1) plus the ATRR for assets
other than loans and leases held for investment.
Total risk-weighted assets. Report the amount
derived by subtracting items 29 and 30 from
item 28.

Memoranda
Item No.

Caption and Instructions

M1

Current credit exposure across all derivative contracts covered by the regulatory
capital rules. Report the total current credit
exposure amount after considering applicable legally enforceable bilateral netting agreements for all interest rate, foreign exchange
rate, gold, credit (investment grade reference
assets), credit (non-investment grade reference assets), equity, precious metals (except
gold), and other derivative contracts that are
over-the-counter derivative contracts (as
defined in §.2 of the regulatory capital rules)
or derivative contracts that are cleared trans-

FR Y-9C
Schedule HC-R

December 2016

actions (as described in §.2 of the regulatory
capital rules) and are covered by §.34 and
§.35 of the regulatory capital rules, respectively. Holding companies that are subject to
the market risk capital rule should exclude
all covered positions subject to that rule,
except for foreign exchange derivatives that
are outside of the trading account. Foreign
exchange derivatives that are outside of the
trading account and all over-the-counter
derivatives continue to have a counterparty
credit risk capital charge and, therefore, a
current credit exposure amount for these
derivatives should be reported in this item.
Include the current credit exposure arising
from credit derivative contracts where the
holding company is the protection purchaser
(beneficiary) and the credit derivative contract is either (a) defined as a covered position under the market risk capital rule or (b)
not defined as a covered position under the
market risk capital rule and is not recognized
as a guarantee for regulatory capital purposes.
As discussed further below, current credit
exposure (sometimes referred to as the
replacement cost) is the fair value of a
derivative contract when that fair value is
positive. The current credit exposure is zero
when the fair value is negative or zero.
Exclude the positive fair value of derivative
contracts that are neither over-the-counter
derivative contracts nor derivative contracts
that are cleared transactions under §.2 of the
regulatory capital rules. Such derivative
contracts include written option contracts,
including so-called “derivative loan commitments,” i.e., a lender’s commitment to originate a mortgage loan that will be held for
resale. Written option contracts that are, in
substance, financial guarantees, are discussed below. For “derivative loan commitments,” which are reported as over-thecounter written option contracts in Schedule
HC-L, if the fair value of such a commitment is positive and reported as an asset in
Schedule HC, item 11, this positive fair
HC-R-115

Schedule HC-R

value should be reported in the appropriate
risk-weight category in Schedule HC-R, Part
II, item 8, and not as a component of the
current credit exposure to be reported in this
item.

follows: Determine whether a qualifying
master netting agreement, as defined in §.2
of the regulatory capital rules, is in place
between the reporting holding company and
a counterparty. If such an agreement is in
place, the fair values of all applicable derivative contracts with that counterparty that are
included in the netting agreement are netted
to a single amount.

Purchased options held by the reporting
holding company that are traded on an
exchange are covered by the regulatory capital rules unless such options are subject to a
daily variation margin. Variation margin is
defined as the gain or loss on open positions,
calculated by marking to market at the end
of each trading day. Such gain or loss is
credited or debited by the clearing house to
each clearing member’s account, and by
members to their customers’ accounts.
If a written option contract acts as a financial
guarantee that does not meet the definition of
a securitization exposure as described in §.2
of the regulatory capital rules, then for riskbased capital purposes the notional amount
of the option should be included in Schedule
HC-R, Part II, item 17, column A, as part of
‘‘All other off-balance sheet liabilities.’’ An
example of such a contract occurs when the
reporting holding company writes a put
option to a second holding company or a
bank that has a loan to a third party. The
strike price would be the equivalent of the
par value of the loan. If the credit quality of
the loan deteriorates, thereby reducing the
value of the loan to the second holding
company or bank, the reporting holding
company would be required by the second
holding company or bank to take the loan
onto its books.
Do not include derivative contracts that meet
the definition of a securitization exposure as
described in §.2 of the regulatory capital
rules; such derivative contracts must be
reported in Schedule HC-R, Part II, item 10.
Current credit exposure (sometimes referred
to as the replacement cost) is the fair value
of a derivative contract when that fair value
is positive. The current credit exposure is
zero when the fair value is negative or zero.
Current credit exposure should be derived as
HC-R-116

Next, for all other contracts covered by the
regulatory capital rules that have positive
fair values, the total of the positive fair
values is determined. Then, report in this
item the sum of (i) the net positive fair
values of applicable derivative contracts subject to qualifying master netting agreements
and (ii) the total positive fair values of all
other contracts covered by the regulatory
capital rules for both over-the-counter and
centrally cleared contracts. The current credit
exposure reported in this item is a component of the credit equivalent amount of
derivative contracts that is to be reported in
Schedule HC-R, items 20 or 21, column B,
depending on whether the contracts are centrally cleared.
M2

Notional principal amounts of over-thecounter derivative contracts. Report in the
appropriate subitem and column the notional
amount or par value of all over-the-counter
derivative contracts, including credit derivatives, that are subject to §.34 of the regulatory capital rules.41 Such contracts include
swaps, forwards, and purchased options. Do
not include over-the-counter derivative contracts that meet the definition of a securitization exposure as described in §.2 of the
regulatory capital rules; such derivative contracts must be reported in Schedule HC-R,
Part II, item 10. Report notional amounts and
par values in the column corresponding to
the OTC derivative contract’s remaining
term to maturity from the report date.
Remaining maturities are to be reported as
(1) one year or less in column A, (2) over

41. See the instructions for Schedule HC-R, Part II, item 20, for the
definition of an OTC derivative contract.

Schedule HC-R

FR Y-9C
December 2016

Schedule HC-R

one year through five years in column B, or
(3) over five years in column C.
The notional amount or par value to be
reported for an OTC derivative contract with
a multiplier component is the contract’s
effective notional amount or par value. (For
example, a swap contract with a stated
notional amount of $1,000,000 whose terms
call for quarterly settlement of the difference
between 5 percent and LIBOR multiplied by
10 has an effective notional amount of
$10,000,000.)
The notional amount to be reported for an
amortizing OTC derivative contract is the
contract’s current (or, if appropriate, effective) notional amount. This notional amount
should be reported in the column corresponding to the contract’s remaining term to
final maturity.
For descriptions of ‘‘interest rate contracts,’’
‘‘foreign exchange contracts,’’ ‘‘commodity
and other contracts,’’ and ‘‘equity derivative
contracts,’’ refer to the instructions for Schedule HC-L, item 12. For a description of
‘‘credit derivative contracts,’’ refer to the
instructions for Schedule HC-L, item 7.
Exclude from this item the notational amount
of OTC written contracts, including so-called
“derivative loan commitments,” which are
not subject to §.34 of the regulatory capital
rules.
M3

Notional principal amounts of centrally
cleared derivative contracts. Report in the
appropriate subitem and column the notional
amount or par value of all derivative contracts, including credit derivatives, that are
cleared transactions (as described in §.2 of
the regulatory capital rules) and are subject
to §.35 of the regulatory capital rules.42 Such
centrally cleared derivative contracts include

42. See the instructions for Schedule HC-R, Part II, item 21, for the

2(a) and
3(a)

FR Y-9C
Schedule HC-R

swaps, forwards, and purchased options. Do
not include centrally cleared derivative contracts that meet the definition of a securitization exposure as described in §.2 of the
regulatory capital rules; such derivative contracts must be reported in Schedule HC-R,
Part II, item 10. Report notional amounts and
par values in the column corresponding to
the centrally cleared derivative contract’s
remaining term to maturity from the report
date. Remaining maturities are to be reported
as (1) one year or less in column A, (2) over
one year through five years in column B, or
(3) over five years in column C.
The notional amount or par value to be
reported for a centrally cleared derivative
contract with a multiplier component is the
contract’s effective notional amount or par
value. (For example, a swap contract with a
stated notional amount of $1,000,000 whose
terms call for quarterly settlement of the
difference between 5 percent and LIBOR
multiplied by 10 has an effective notional
amount of $10,000,000.)
The notional amount to be reported for an
amortizing derivative contract is the contract’s current (or, if appropriate, effective)
notional amount. This notional amount
should be reported in the column corresponding to the contract’s remaining term to
final maturity.
For descriptions of ‘‘interest rate contracts,’’
‘‘foreign exchange contracts,’’ ‘‘commodity
and other contracts,’’ and ‘‘equity derivative
contracts,’’ refer to the instructions for Schedule HC-L, item 12. For a description of
“credit derivative contracts,” refer to the
instructions for Schedule HC-L, item 7.

description of a centrally cleared derivative contract.

Interest rate. Report the remaining maturities of interest rate contracts that are
subject to the regulatory capital rules.

March 2017

HC-R-117

Schedule HC-R

2(b) and
3(b)

Foreign exchange rate and gold. Report the remaining maturities of foreign
exchange contracts and the remaining maturities of gold contracts that are subject to the regulatory capital
rules.

2(c) and
3(c)

Credit (investment grade reference asset). Report the remaining maturities of
those credit derivative contracts where the reference entity meets the definition of investment grade as
described in §.2 of the regulatory capital rules.

2(d) and
3(d)

2(d)Credit (non-investment grade reference asset). Report the remaining maturities of
those credit derivative contracts where the reference entity does not meet the definition of investment grade
as described in §.2 of the regulatory capital rules.

2(e) and
3(e)

Equity. Report the remaining maturities of equity derivative contracts that are
subject to the regulatory capital rules.

2(f) and
3(f)

Precious metals (except gold). Report the remaining maturities of other precious
metals contracts that are subject to the regulatory capital rules. Report all silver, platinum, and palladium
contracts.

2(g) and
3(g)

Other. Report the remaining maturities of other derivative contracts that are subject
to the regulatory capital rules. For contracts with multiple exchanges of principal, notional amount is
determined by multiplying the contractual amount by the number of remaining payments (i.e., exchanges of
principal) in the derivative contract.
the Market Risk Rule).’’ Specific risk refers
to changes in the market value of specific
Standardized market risk-weighted assets
positions due to factors other than broad
attributable to specific risk (included in
market movements and includes event and
Schedule HC-R, item 27).
default risk. For further background informaNOTE: Memorandum item 4 is applicable
tion, holding companies should refer to the
only to holding companies that are subject to
discussion of ‘‘Holding companies that are
the market risk capital rule.
subject to the market risk capital rules’’ in
the Risk-Weighted Assets section of these
Report the amount of the holding company’s
instructions, the line item instructions for
market risk-weighted assets attributable to
Schedule HC-R, Part II, item 27, and the
specific risk, included in Schedule HC-R,
regulatory capital rules for specific instrucPart II, item 26, ‘‘Standardized measurement
tions on the calculation of the measure of
of market risk-weighted assets (applicable to
market risk.
all holding companies that are covered by

M4

HC-R-118

Schedule HC-R

FR Y-9C
September 2015

LINE ITEM INSTRUCTIONS FOR

Servicing, Securitization,
and Asset Sale Activities
Schedule HC-S

General Instructions
Schedule HC-S should be completed on a fully consolidated basis. Schedule HC-S includes information on
1–4 family residential mortgages and other financial
assets serviced for others (in Memorandum items 2(a),
2(b), and 2(c)). Schedule HC-S also includes information
on assets that have been securitized or sold and are not
reportable on the balance sheet (Schedule HC), except
for credit-enhancing interest-only strips (which are
reported in item 2 of this schedule), subordinated securities and other enhancements (which are reported in
items 2 and 9, and Memorandum items 3(a)(1) and
(2)), and seller’s interests (which are reported in item 6).

Column Instructions
Column A, 1–4 Family Residential Loans: 1–4 family residential loans are permanent closed-end loans
secured by first or junior liens on 1–to–4 family residential properties as defined for Schedule HC-C,
items 1(c)(2)(a) and 1(c)(2)(b).
Column B, Home Equity Lines: Home equity lines
are revolving, open-end lines of credit secured by1– to–4
family residential properties as defined for Schedule HC-C, item 1(c)(1).
Column C, Credit Card Receivables: Credit card
receivables are extensions of credit to individuals for
household, family, and other personal expenditures arising from credit cards as defined for Schedule HC-C,
item 6(a).
Column D, Auto Loans: Auto loans are loans to
individuals for the purpose of purchasing private passenger vehicles, including minivans, vans, sport-utility vehicles, pickup trucks, and similar light trucks for personal
use, as defined for Schedule HC-C, item 6(c).
Column E, Other Consumer Loans: Other consumer
loans are loans to individuals for household, family,
FR Y-9C
Schedule HC-S June 2018

and other personal expenditures as defined for Schedule HC-C, items 6(b) and 6(d).
Column F, Commercial and Industrial Loans: Commercial and industrial loans are loans for commercial and
industrial purposes to sole proprietorships, partnerships,
corporations, and other business enterprises, whether
secured (other than by real estate) or unsecured, singlepayment or installment, as defined for Schedule HC-C,
item 4.
Column G, All Other Loans, All Leases, and All Other
Assets: All other loans are loans that cannot properly
be reported in Columns A through F of this schedule as
defined for Schedule HC-C, items 1(a), 1(b), 1(d), 1(e), 2,
3, 7 and 9. All leases are all lease financing receivables as
defined for Schedule HC-C, item 10. All other assets are
all assets other than loans and leases, e.g., securities.
For purposes of items 1 through 10 of Schedule HC-S on
bank securitization activities and other securitization
facilities, information about each separate securitization
should be included in only one of the columns of this
schedule. The appropriate column for a particular securitization should be based on the predominant type of loan,
lease, or other asset included in the securitization and this
column should be used consistently over time. For example, a securitization may include auto loans to individuals
and to business enterprises. If these auto loans are
predominantly loans to individuals, all of the requested
information about this securitization should be included
in Column D, Auto Loans.

Definitions
For purposes of this schedule, the following definitions
of terms are applicable.
Recourse or other seller-provided credit enhancement
means an arrangement in which the reporting institution
retains, in form or in substance, any risk of credit loss
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Schedule HC-S

directly or indirectly associated with a transferred (sold)
asset that exceeds its pro rata claim on the asset. It
also includes a representation or warranty extended by
the reporting institution when it transfers an asset, or
assumed by the institution when it services a transferred
asset, that obligates the institution to absorb credit losses
on the transferred asset. Such an arrangement typically
exists when the institution transfers assets and agrees to
protect purchasers or some other party, e.g., investors in
securitized assets, from losses due to default by or
nonperformance of the obligor on the transferred assets
or some other party. The reporting institution provides
this protection by retaining:
(1) an interest in the transferred assets, e.g., creditenhancing interest-only strips, “spread” accounts,
subordinated interests or securities, collateral invested
amounts, and cash collateral accounts, that absorbs
losses, or
(2) an obligation to repurchase the transferred assets
in the event of a default of principal or interest on the
transferred assets or any other deficiency in the performance of the underlying obligor or some other party.
Credit-enhancing interest-only strip, as defined in the
regulatory capital standards, means an on-balance sheet
asset that, in form or in substance: (i) represents the
contractual right to receive some or all of the interest due
on transferred assets; and (ii) exposes the holding company to credit risk directly or indirectly associated with
the transferred assets that exceeds a pro rata share of the
holding company’s claim on the assets, whether through
subordination provisions or other credit enhancement
techniques. Credit-enhancing interest-only strips include
other similar “spread” assets and can be either retained or
purchased.
Subordinated interests and subordinated securities
retained by the institution when it securitizes assets
expose the institution to more than its pro rata share of
loss and thus are considered a form of credit enhancement to the securitization structure.
Liquidity facility means any arrangement, including servicer cash advances, in which the reporting institution is
obligated to provide funding to a securitization structure
to ensure investors of timely payments on issued securities, e.g., by smoothing timing differences in the receipt
of interest and principal payments on the underlying
securitized assets, or to ensure investors of payments in
HC-S-2

the event of market disruptions. Advances under such a
facility are typically reimbursed from subsequent collections by the securitization structure and are not subordinated to other claims on the cash flows from the
underlying assets and, therefore, should generally not be
construed to be a form of credit enhancement. However,
if the advances under such a facility are subordinated to
other claims on the cash flows, the facility should be
treated as a credit enhancement for purposes of this
schedule.
Seller’s interest means the reporting institution’s ownership interest in loans that have been securitized, except an
interest that is a form of recourse or other seller-provided
credit enhancement. Seller’s interests should be reported
on Schedule HC—Balance Sheet—as securities or as
loans depending on the form in which the interest is held.
However, seller’s interests differ from the securities
issued to investors by the securitization structure. The
principal amount of a seller’s interest is generally equal
to the total principal amount of the pool of assets
included in the securitization structure less the principal
amount of those assets attributable to investors, i.e., in
the form of securities issued to investors.
Bank Securitization Activities
A holding company should report information in Schedule HC-S, items 1 through 6, only for those securitizations for which the transferred assets qualify for sale
accounting or are otherwise not carried as assets on the
holding company’s consolidated balance sheet.

Line Item Instructions
Securitization Activities
Line Item 1 Outstanding principal balance of
assets sold and securitized with servicing retained
or with recourse or other seller-provided credit
enhancements.
Report in the appropriate column the principal balance
outstanding as of the report date of loans, leases, and
other assets, which the reporting institution has sold and
securitized while:
(1) retaining the right to service these assets, or
(2) when servicing has not been retained, retaining
recourse or providing other seller-provided credit
enhancements to the securitization structure.
Schedule HC-S

FR Y-9C
June 2018

Schedule HC-S

Include in column C the amount outstanding of any credit
card fees and finance charges that the reporting holding
company has securitized and sold in connection with its
securitization and sale of credit card receivable balances.
Include the principal balance outstanding of loans the
reporting holding company has (1) pooled into securities
that have been guaranteed by the Government National
Mortgage Association (Ginnie Mae) and (2) sold with
servicing rights retained.
Include small business obligations transferred with
recourse under Section 208 of the Riegle Community
Development and Regulatory Improvement Act of 1994
that the reporting holding company has securitized and
sold.
Exclude the principal balance of loans underlying seller’s
interests owned by the reporting institution; report the
amount of seller’s interests in Schedule HC-S, item 6.
Do not report in this item the outstanding balance of 1–4
family residential mortgages sold to the Federal National
Mortgage Association (Fannie Mae) or the Federal Home
Loan Mortgage Corporation (Freddie Mac) that the
government-sponsored agency in turn securitizes. Report
1–4 family residential mortgages sold to Fannie Mae or
Freddie Mac with recourse or other seller-provided credit
enhancements in Schedule HC-S, item 11, column A, and
report the maximum credit exposure arising from the
enhancements in item 12, column A. If servicing has
been retained on the 1–4 family residential mortgages,
report the outstanding principal balance of the mortgages
in Schedule HC-S, Memorandum item 2(a) or 2(b)
depending on whether the servicing is performed with
or without recourse or other servicer-provided credit
enhancements. If the reporting institution has both retained
the servicing and provided credit enhancements, report
the principal balance of the 1–4 family residential mortgages in Schedule HC-S, item 11, column A, and in
Memorandum item 2(a).
Exclude securitizations that have been accounted for as
secured borrowings because the transactions do not meet
the criteria for sale accounting under generally accepted
accounting principles. The securitized loans, leases, and
other assets should continue to be carried as assets on the
reporting institution’s balance sheet.

FR Y-9C
Schedule HC-S

June 2018

Line Item 2 Maximum amount of credit exposure
arising from recourse or other seller-provided credit
enhancements provided to structures reported in
item 1.
Report in the appropriate column the maximum contractual credit exposure remaining as of the report date under
recourse arrangements and other seller-provided credit
enhancements provided by the reporting institution to
securitization structures reported in Schedule HC-S,
item 1, above.
Report the total of:
(1) The carrying value of credit-enhancing interest-only
strips included as securities in Schedule HC-B, as
other assets in Schedule HC-F, or as trading assets in
Schedule HC, item 5, that the reporting holding
company has retained as credit enhancements in
connection with the securitization structures reported
in Schedule HC-S, item 1, above.
(2) The carrying value of subordinated securities and
other residual interests carried as on-balance sheet
assets that the reporting holding company has retained
in connection with the securitization structures
reported in Schedule HC-S, item 1, above.
(3) The unused portion of standby letters of credit and
the maximum contractual amount of recourse or
other credit exposure not in the form of an on-balance
sheet asset that the reporting holding company has
provided or retained in connection with the securitization structures reported in Schedule HC-S, item 1,
above. Include the maximum contractual amount of
recourse the bank has retained on the small business
obligations transferred with recourse that the reporting holding company has securitized and sold, the
outstanding principal balance of which was reported
in Schedule HC-S, item 1, above.
Do not report as the remaining maximum contractual
exposure a reasonable estimate of the probable loss under
the recourse arrangements or credit enhancement provisions or the fair value of any liability incurred under such
provisions. Furthermore, do not reduce the remaining
maximum contractual exposure by the amount of any
associated recourse liability account. Report exposure
amounts gross rather than net of any tax effects, e.g., any
associated deferred tax liability.
HC-S-3

Schedule HC-S

Do not include unused portions of commitments that
function as liquidity facilities (report such unused commitments in Schedule HC-S, item 3).

do not report any year-to-date charge-offs and recoveries
for the securitization in Schedule HC-S, items 5(a) and
5(b).

Note: Item 3 is to be completed by holding companies
with $100 billion or more in total assets.

Line Item 5(a) Charge-offs.

Line Item 3 Reporting institution’s unused
commitments to provide liquidity to structures
reported in item 1.
Report in the appropriate column the unused portions of
commitments provided by the reporting institution to the
securitization structures reported in Schedule HC-S,
item 1, above that function as liquidity facilities.
Line Item 4 Past due loan amounts included in
item 1.
Report in the appropriate subitem the outstanding principal balance of loans, leases, and other assets reported in
Schedule HC-S, item 1, above that are 30 days or more
past due as of the report date. For purposes of determining whether a loan, lease, or other asset reported in item 1
above is past due, the reporting criteria to be used are the
same as those for columns A and B of Schedule HC-N.
Line Item 4(a) 30–89 days past due.
Report in the appropriate column the outstanding principal balance of loans, leases, and other assets reported in
Schedule HC-S, item 1, above that are 30 to 89 days past
due as of the report date.
Line Item 4(b) 90 days or more past due.
Report in the appropriate column the outstanding principal balance of loans, leases, and other assets reported in
Schedule HC-S, item 1, above that are 90 days or more
past due as of the report date.
Line Item 5 Charge-offs and recoveries on assets
sold and securitized with servicing retained or with
recourse or other seller-provided credit
enhancements (calendar year-to-date).
Report in the appropriate subitem the amount of chargeoffs and recoveries during the calendar year to date on
loans, leases, and other assets that have been sold and
securitized in the securitization structures reported in
Schedule HC-S, item 1. If a securitization is no longer
outstanding as of the report date, i.e., no amount is
reported for the securitization in Schedule HC-S, item 1,
HC-S-4

Report in the appropriate column the amount of loans,
leases, and other assets that have been sold and securitized by the reporting institution in the securitization
structures reported in Schedule HC-S, item 1, above that
have been charged off or otherwise designated as losses
by the trustees of the securitizations, or other designated
parties, during the calendar year-to-date.
Include in column C charge-offs or reversals of uncollectible credit card fees and finance charges that had been
capitalized into the credit card receivable balances that
have been securitized or sold.
Line Item 5(b) Recoveries.
Report in the appropriate column the amount of recoveries of previously charged-off loans, leases, and other
assets in the securitization structures reported in Schedule HC-S, item 1, above during the calendar year-to-date.
Include in column C recoveries of previously charged-off
or reversed credit card fees and finance charges that had
been capitalized into the credit card receivable balances
that had been securitized and sold.
Note: Item 6 is to be completed by holding companies
with $10 billion or more in total assets.
Line Item 6 Amount of ownership (or seller’s)
interests carried as securities or loans.
Report in the appropriate column the carrying value of
the reporting institution’s ownership (or seller’s) interests
associated with the securitization structures reported in
Schedule HC-S, item 1, above. Ownership (or seller’s)
interests may be in the form of securities or loans.
Line Item 7–8

Not applicable.

For Securitization Facilities Sponsored
By or Otherwise Established By Other
Institutions
Line Item 9 Maximum amount of credit exposure
arising from credit enhancements provided by the
reporting institution to other institutions’

Schedule HC-S

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Schedule HC-S

securitization structures in the form of standby
letters of credit, purchased subordinated securities,
and other enhancements.
Report in the appropriate column the maximum contractual credit exposure remaining as of the report date under
credit enhancements provided by the reporting institution
to securitization structures sponsored by or otherwise
established by other institutions or entities, i.e., securitizations not reported in Schedule HC-S, item 1, above.
Report the unused portion of standby letters of credit, the
carrying value of purchased subordinated securities and
purchased credit-enhancing interest-only strips, and the
maximum contractual amount of credit exposure arising
from other on- and off-balance sheet credit enhancements
that provide credit support to these securitization structures. Do not report as the remaining maximum contractual exposure a reasonable estimate of the probable loss
under credit enhancement provisions or the fair value of
any liability incurred under such provisions. Furthermore, do not reduce the remaining maximum contractual
exposure by the amount of any associated recourse
liability account. Report exposure amounts gross rather
than net of any tax effects, e.g., any associated deferred
tax liability.

unused commitments to provide liquidity to asset-backed
commercial paper conduits (report this amount in Schedule HC-S, Memorandum item 3(b)).

Asset Sales
Line Item 11 Assets sold with recourse or other
seller-provided credit enhancements and not
securitized.
Report in the appropriate column the unpaid principal
balance as of the report date of loans, leases, and other
assets, which the reporting institution has sold with
recourse or other seller-provided credit enhancements,
but which were not securitized by the reporting institution. Include loans, leases, and other assets that the
reporting institution has sold with recourse or other
seller-provided credit enhancements to other institutions
or entities, whether or not the purchaser has securitized
the loans and leases purchased from the reporting institution. Include 1−4 family residential mortgages that the
reporting institution has sold to the Federal National
Mortgage Association (Fannie Mae) or the Federal Home
Loan Mortgage Corporation (Freddie Mac) with recourse
or other seller-provided credit enhancements.

Exclude the amount of credit exposure arising from
loans, leases, and other assets that the reporting institution has sold with recourse or other seller-provided credit
enhancements to other institutions or entities, which then
securitized the loans, leases, and other assets purchased
from the reporting institution (report this exposure in
Schedule HC-S, item 12, below). Also exclude the
amount of credit exposure arising from credit enhancements provided to asset-backed commercial paper conduits (report this exposure in Schedule HC-S, Memorandum item 3(a)).

Include small business obligations transferred with
recourse under Section 208 of the Riegle Community
Development and Regulatory Improvement Act of 1994,
which the reporting holding company has sold, but which
were not securitized by the reporting holding company.

Note: Item 10 is to be completed by holding companies with $10 billion or more in total assets.

Report in the appropriate column the maximum contractual credit exposure remaining as of the report date under
recourse arrangements or other seller-provided credit
enhancements provided by the reporting institution in
connection with its sales of the loans, leases, and other
assets reported in Schedule HC-S, item 11, above. Report
the unused portion of standby letters of credit, the
carrying value of retained interests, and the maximum
contractual amount of recourse or other credit exposure
arising from other on- and off-balance sheet credit
enhancements that the reporting institution has provided.
Do not report as the remaining maximum contractual
exposure a reasonable estimate of the probable loss under

Line Item 10 Reporting institution’s unused
commitments to provide liquidity to other
institutions’ securitization structures.
Report in the appropriate column the unused portions of
commitments provided by the reporting bank that function as liquidity facilities to securitization structures
sponsored by or otherwise established by other institutions or entities, i.e., securitizations not reported in
Schedule HC-S, item 1, above. Exclude the amount of
FR Y-9C
Schedule HC-S

June 2018

Line Item 12 Maximum amount of credit exposure
arising from recourse or other seller-provided credit
enhancements provided to assets reported in
item 11.

HC-S-5

Schedule HC-S

the recourse arrangements or credit enhancement provisions or the fair value of any liability incurred under such
provisions. Furthermore, do not reduce the remaining
maximum contractual exposure by the amount of any
associated recourse liability account. Report exposure
amounts gross rather than net of any tax effects, e.g., any
associated deferred tax liability.

ment No. 167, Amendments to FASB Interpretation No.
46(R)), respectively, a holding company should report in
Memorandum items 2(a) through 2(d) retained servicing
only for those transferred assets or portions of transferred
assets properly reported as sold in accordance with
applicable generally accepted accounting principles as
well as purchased servicing.

Include the maximum contractual amount of recourse the
holding company has retained on small business obligations transferred with recourse that the reporting holding
company has sold, but not securitized, the unpaid principal balance of which was reported in Schedule HC-S,
item 11, above.

Line Item M2(a) Closed-end 1–4 family residential
mortgages serviced with recourse or other
servicer-provided credit enhancements.

Memoranda
Line Item M1

Not applicable.

Line Item M2 Outstanding principal balance of
assets serviced for others.
Report in the appropriate subitem the outstanding principal balance of loans and other financial assets the reporting institution services for others, regardless of whether
the servicing involves whole loans and other financial
assets or only portions thereof, as is typically the case
with loan participations. A holding company should
report the outstanding principal balance of assets for
which it is the contractual servicer of record without
regard to any subservicing agreements applicable to the
assets. Include (1) the principal balance of loans and
other financial assets owned by others for which the
reporting institution has purchased the servicing (i.e.,
purchased servicing) and (2) the principal balance of
loans and other financial assets that the reporting institution has either originated or purchased and subsequently
sold, whether or not securitized, but for which it has
retained the servicing duties and responsibilities (i.e.,
retained servicing). If the reporting institution services a
portion of a loan or other financial asset for one or more
other parties and owns the remaining portion of the loan
or other financial asset, report only the principal balance
of the portion of the asset serviced for others.
NOTE: After the effective date of ASC Topic 860,
Transfers and Servicing, and ASC Subtopic 810-10,
Consolidation – Overall, resulting from Accounting Standards Update (ASU) No. 2009-16 (formerly FASB Statement No. 166, Accounting for Transfers of Financial
Assets) and ASU No. 2009-17 (formerly FASB StateHC-S-6

Report the outstanding principal balance of closed-end
1-to-4 family residential mortgage loans (as defined for
Schedule HC-C, item 1(c)(2)) that the reporting institution services for others under servicing arrangements in
which the reporting institution also provides recourse
or other servicer-provided credit enhancements. Include
closed-end 1–to–4 family residential mortgages serviced
under regular option contracts (i.e., with recourse) with
the Federal National Mortgage Association, serviced
with recourse for the Federal Home Loan Mortgage
Corporation, and serviced with recourse under other
servicing contracts.
Line Item M2(b) Closed-end 1–4 family residential
mortgages serviced with no recourse or other
servicer-provided credit enhancements.
Report the outstanding principal balance of closed-end
1-to-4 family residential mortgage loans (as defined for
Schedule HC-C, item 1(c)(2)) that the reporting institution services for others under servicing arrangements in
which the reporting institution does not provide recourse
or other servicer-provided credit enhancements.
Line Item M2(c)

Other financial assets.

Memorandum item 2(c) is to be completed if the principal
balance of loans and other financial assets serviced for
others is more than $10 million. Report the outstanding
principal balance of loans and other financial assets,
other than closed-end 1-to-4 family residential mortgage
loans, that the reporting institution services for others.
These serviced financial assets may include, but are not
limited to, home equity lines, credit cards, automobile
loans, and loans guaranteed by the Small Business
Administration.
Schedule HC-S

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June 2018

Schedule HC-S

Line Item M2(d) 1–4 family residential mortgages
serviced for others that are in process of foreclosure
at quarter-end.

purposes in accordance with ASC Topic 810-10, Consolidation – Overall (formerly FASB Statement No. 167,
Amendments to FASB Interpretation No. 46(R)).

Report the total unpaid principal balance of loans secured
by 1-4 family residential properties (as defined for Schedule HC-C, item 1(c)) serviced for others for which formal
foreclosure proceedings to seize the real estate collateral
have started and are ongoing as of quarter-end, regardless
of the date the foreclosure procedure was initiated. Loans
should be classified as in process of foreclosure according to the investor’s or local requirements. Include loans
where the servicing has been suspended in accordance
with any of the investor’s foreclosure requirements. If a
loan is already in process of foreclosure and the mortgagor files a bankruptcy petition, the loan should continue to be reported as in process of foreclosure until the
bankruptcy is resolved. Exclude loans where the foreclosure process has been completed to the extent that (a) the
investor has acquired title to the real estate, an entitling
certificate, title subject to redemption, or title awaiting
transfer to the Federal Housing Administration or the
Veterans Administration or (b) the bank reports the real
estate as “Other real estate owned” in Schedule HC,
item 7.

Line Item M3(a) Maximum amount of credit
exposure arising from credit enhancements
provided to conduit structures in the form of
standby letters of credit, subordinated securities,
and other enhancements.

This item should include both closed-end and open-end
1-4 family residential mortgage loans that are in process
of foreclosure. The closed-end 1-4 family residential
mortgage loans serviced for others that are in process of
foreclosure and reported in this item will have also been
included in Schedule HC-S, Memorandum items 2(a) and
2(b). The open-end 1-4 family residential mortgage loans
serviced for others that are in process of foreclosure and
reported in this item will also have been included in
Schedule HC-S, Memorandum item 2(c), if the principal
balance of such open-end mortgages and other financial
assets serviced for others is more than $10 million.

Report in the appropriate subitem the maximum contractual credit exposure remaining as of the report date under
standby letters of credit, subordinated securities, and
other credit enhancements provided by the reporting
institution to asset-backed commercial paper conduit
structures. Do not report in these subitems a reasonable
estimate of the probable loss under the credit enhancement provisions or the fair value of any liability incurred
under such provisions.
Line Item M3(a)(1) Conduits sponsored by the bank,
a bank affiliate, or the holding company.
Report the unused portion of standby letters of credit, the
carrying value of subordinated securities, and the maximum contractual amount of credit exposure arising from
other credit enhancements that the reporting institution
has provided to asset-backed commercial paper conduit
structures sponsored by the reporting institution’s bank(s),
an affiliate of the bank or holding company, or the
reporting holding company.
Line Item M3(a)(2) Conduits sponsored by other
unrelated institutions.

NOTE: Memorandum items 3.a.(1) through 3.b.(2)
are to be completed by holding companies with
$10 billion or more in total assets.

Report the unused portion of standby letters of credit, the
carrying value of subordinated securities, and the maximum contractual amount of credit exposure arising from
other credit enhancements that the reporting institution
has provided to asset-backed commercial paper conduit
structures other than those sponsored by the reporting
institution’s bank(s), an affiliate of the bank or holding company, or the reporting holding company.

Line Item M3
conduits:

Line Item M3(b) Unused commitments to provide
liquidity to conduit structures.

Asset-backed commercial paper

Report the requested information on credit enhancements
and liquidity facilities provided to asset-backed commercial paper conduits in memorandum items 3(a) and 3(b),
respectively, regardless of whether the reporting holding
company must consolidate the conduit for reporting
FR Y-9C
Schedule HC-S

June 2018

Report in the appropriate subitem the unused portions of
commitments provided by the reporting institution that
function as liquidity facilities to asset-backed commercial paper conduit structures. Typically, these facilities
take the form of a Backstop Line (Loan Agreement) or an
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Schedule HC-S

Asset Purchase Agreement. Under a backstop line, the
reporting institution advances funds to the conduit when
a draw is required under the liquidity facility. The
advance is secured by the cash flow of the underlying
asset pools. Under an asset purchase agreement, the
reporting institution purchases a specific pool of assets
from the conduit when a draw is required under the
liquidity facility. Typically, the reporting institution is
repaid from the cash flow on the purchased assets or from
the sale of the purchased pool of assets.
Line Item M3(b)(1) Conduits sponsored by the
bank, a bank affiliate, or the holding company.
Report the unused portions of commitments provided by
the reporting institution that function as liquidity facilities to asset-backed commercial paper conduit structures
sponsored by the reporting institution’s bank(s), an affiliate of the bank or holding company, or the reporting
holding company.

assets that: 1) together with affıliated institutions, have
outstanding credit card receivables that exceed $500 million as of the report date or (2) holding companies that
on a consolidated basis are credit card specialty holding
companies.
Outstanding credit card receivables are the sum of:
(a) Schedule HC-C, item 6(a), column A;
(b) Schedule HC-S, item 1, column C; and
(c) Schedule HC-S, item 6, column C.
Credit card specialty holding companies are defined as
those holding companies that on a consolidated basis
exceed 50 percent for the following two criteria:

Line Item M3(b)(2) Conduits sponsored by other
unrelated institutions.

(a) the sum of credit card loans (Schedule HC-C,
item 6(a), column A) plus securitized and sold
credit card receivables (Schedule HC-S, item 1,
column C) divided by the sum of total loans
(Schedule HC-C, item 12, column A) plus securitized and sold credit card receivables (Schedule
HC-S, item 1, column C); and

Report the unused portions of commitments provided by
the reporting institution that function as liquidity facilities to asset-backed commercial paper conduit structures
other than those sponsored by the reporting institution’s
bank(s), an affiliate of the bank or holding company, or
the reporting holding company.

(b) the sum of total loans (Schedule HC-C, item 12,
column A) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C)
divided by the sum of total assets (Schedule HC,
item 12) plus securitized and sold credit card
receivables (Schedule HC-S, item 1, column C).

Line Item M4 Outstanding credit card fees and
finance charges.
Note: Memorandum item 4 is to be completed only by
those holding companies with $10 billion or more in total

HC-S-8

Report the amount outstanding of credit card fees and
finance charges that the holding company has securitized
and sold in connection with its securitization and sale of
the credit card receivables reported in Schedule HC-S,
item 1, column C.

Schedule HC-S

FR Y-9C
June 2018

LINE ITEM INSTRUCTIONS FOR

Variable Interest Entities
Schedule HC-V

General Instructions
A variable interest entity (VIE), as described in ASC
Topic 810, Consolidation (formerly FASB Interpretation
No. 46 (revised December 2003), Consolidation of Variable Interest Entities, as amended by FASB Statement
No. 167, Amendments to FASB Interpretation No. 46(R)),
is an entity in which equity investors do not have
sufficient equity at risk for that entity to finance its
activities without additional subordinated financial support or, as a group, the holders of the equity investment at
risk lack one or more of the following three characteristics: (a) the power, through voting rights or similar rights,
to direct the activities of an entity that most significantly
impact the entity’s economic performance, (b) the obligation to absorb the expected losses of the entity, or (c)
the right to receive the expected residual returns of the
entity.
Variable interests in a VIE are contractual, ownership, or
other pecuniary interests in an entity that change with
changes in the fair value of the entity’s net assets
exclusive of variable interests. When a holding company
or other company has a variable interest or interests in a
VIE, ASC Topic 810 provides guidance for determining
whether the holding company or other company must
consolidate the VIE. If a holding company or other
company has a controlling financial interest in a VIE, it is
deemed to be the primary beneficiary of the VIE and,
therefore, must consolidate the VIE. For further information, see the Glossary entry for ”variable interest entity.”
Schedule HC-V collects information on VIEs that have
been consolidated by the reporting holding company
because the holding company or a consolidated subsidiary is the primary beneficiary of the VIE. Schedule HC-V
should be completed on a fully consolidated basis, i.e.,
after eliminating intercompany transactions. The asset
and liability amounts to be reported in Schedule HC-V
should be the same amounts at which these assets and
FR Y-9C
Schedule HC-V

June 2018

liabilities are reported on Schedule HC, Balance Sheet,
e.g., held-to-maturity securities should be reported at
amortized cost and available-for-sale securities should be
reported at fair value.

Column Instructions
Column A, Securitization Vehicles: Securitization
vehicles include VIEs that have been created to pool and
repackage mortgages, other assets, or other credit exposures into securities that can be transferred to investors.
Column B, Other VIEs: Other VIEs are VIEs other
than securitization vehicles. Other VIEs include assetbacked commercial paper (ABCP) conduits.
For purposes of items 1 through 4 of Schedule HC-V,
information about each consolidated VIE should be
included in only one of the two columns of the schedule.
The column selected for a particular consolidated VIE
should be based on the purpose and design of the VIE
and this column should be used consistently over time.
Line Item 1 Assets of consolidated variable
interest entities (VIEs) that can be used only to
settle obligations of the consolidated VIEs.
Report in the appropriate subitem and column those
assets of consolidated VIEs reported in Schedule HC,
Balance Sheet, that can be used only to settle obligations
of the same consolidated VIEs and any related allowance
for loan and lease losses. Exclude assets of consolidated
VIEs that cannot be used only to settle obligations of the
same consolidated VIEs (report such assets in Schedule
HC-V, item 3, below).
Line Item 1(a) Cash and balances due from
depository institutions.
Report in the appropriate column the amount of cash and
balances due from depository institutions held by consolidated VIEs included in Schedule HC, item 1(a),
HC-V-1

Schedule HC-V

“Noninterest-bearing balances and currency and coin,”
and item 1(b), ‘‘Interest-bearing balances,’’ that can be
used only to settle obligations of the same consolidated
VIEs.
Line Item 1(b) Securities not held for trading.
Report in the appropriate column the total amount of
held-to-maturity securities and available-for-sale securities held by consolidated VIEs included in Schedule HC,
item 2(a), “Held-to-maturity securities,” and HC, item
2(b), “Available-for-sale securities,” that can be used
only to settle obligations of the same consolidated VIEs.
Line Item 1(c) Loans and leases held for
investment, net of allowance, and held for sale.
Report in the appropriate column the total of the amount
of loans and leases held for sale and held for investment
that is held by consolidated VIEs included in Schedule
HC, item 4(a), “Loans and leases held for sale,” and item
4(b), “Loans and leases held for investment,” respectively, that can be used only to settle obligations of the
same consolidated VIEs, less the amount of allowances
for loan and lease losses held by consolidated VIEs
included in Schedule HC, item 4(c), “LESS: Allowance
for loan and lease losses” that is allocated to these
consolidated VIEs’ loans and leases held for investment
that can be used only to settle obligations of the same
consolidated VIEs.
For holding companies that have adopted FASB Accounting Standards Update No. 2016-01 (ASU 2016-01),
which includes provisions governing the accounting for
investments in equity securities, including investment in
mutual funds, and eliminates the concept of available-forsale equity securities (see the Note preceding the instructions for Schedule HC, item 2(c)), also report in the
appropriate column of this item the amount of equity
securities with readily determinable fair values not held
for trading held by consolidated VIEs included in Schedule HC, item 2(c), “Equity securities with readily determinable fair values not held for trading,” that can be used
only to settle obligations of the same consolidated VIEs.
Line Item 1(d) Other real estate owned.
Report in the appropriate column the amount of other real
estate owned held by consolidated VIEs included in
Schedule HC, item 7, ‘‘Other real estate owned,’’ that can
be used only to settle obligations of the same consolidated VIEs.
HC-V-2

Line Item 1(e) Other assets.
Report in the appropriate column the amount of all other
assets held by consolidated VIEs included in Schedule
HC, item 12, ‘‘Total assets,’’ and not reported in Schedule
HC-V, items 1(a) through 1(d), above, that can be used
only to settle obligations of the same consolidated VIEs.
Line Item 2 Liabilities of consolidated VIEs for
which creditors do not have recourse to the general
credit of the reporting holding company.
Report in the appropriate subitem and column those
liabilities of consolidated VIEs reported in Schedule HC,
Balance Sheet, for which creditors do not have recourse
to the general credit of the reporting holding company.
Exclude liabilities of consolidated VIEs for which creditors have recourse to the general credit of the reporting
holding company (report such liabilities in Schedule
HC-V, item 4, below).
Line Item 2(a) Other borrowed money.
Report in the appropriate column the amount of other
borrowed money (including commercial paper) of consolidated VIEs reported in Schedule HC, item 16, “Other
borrowed money,” for which the creditors on these
borrowings do not have recourse to the general credit of
the reporting holding company.
Line Item 2(b) Other liabilities.
Report in the appropriate column the amount of all other
liabilities of consolidated VIEs included in Schedule HC,
item 21, “Total liabilities,” and not reported in Schedule
HC-V, item 2(a) above, for which the creditors on these
liabilities do not have recourse to the general credit of the
reporting holding company.
Line Item 3 All other assets of consolidated VIEs.
Report in the appropriate column the amount of assets of
consolidated VIEs reported in Schedule HC, items 1
through 11, that have not been included in Schedule
HC-V, items 1(a) through 1(e), above. Loans and leases
held for investment that are included in this item should
be reported net of any allowance for loan and lease losses
allocated to these loans and leases.
Schedule HC-V

FR Y-9C
June 2018

Schedule HC-V

Line Item 4 All other liabilities of consolidated
VIEs.
Report in the appropriate column the amount of liabilities
of consolidated VIEs reported in Schedule HC, items 14
through 20, that have not been included in Schedule
HC-V, items 2(a) and 2(b).
Line Item 5 Total assets of asset-backed
commercial paper (ABCP) conduit VIEs.
Report the total assets of consolidated ABCP conduit
VIEs, i.e., VIEs that primarily issue externally rated

FR Y-9C
Schedule HC-V

June 2018

commercial paper backed by assets or other exposures.
Include assets held by consolidated ABCP conduit VIEs
that are included in Schedule HC-V, items 1(a) through
1(e) and 3, column B, above.
Line Item 6 Total liabilities of ABCP conduit
VIEs.
Report the total liabilities of consolidated ABCP conduit
VIEs. Include liabilities of ABCP conduit VIEs that are
included in Schedule HC-V, items 2(a), 2(b), and 4,
column B, above.

HC-V-3

LINE ITEM INSTRUCTIONS FOR

Notes to the Balance Sheet
Predecessor Financial Items

General Instructions

company may provide estimates in lieu of inaccessible
actual data.

This one-time reporting schedule is event-driven. An
event for reporting the average balance sheet items below
is defined as a business combination that occurred during
the quarter (that is, the holding company consummated a
merger or acquisition within the quarter). Complete this
schedule only if the combined assets of the acquired
entity(ies) are at least equal to $10 billion or 5 percent of
the reporting holding company’s total consolidated assets
at the previous quarter-end, whichever is less.

If a single transaction business combination occurred
where the acquiree was another holding company that
filed the FR Y-9C in the preceding quarter, and the
combination occurred on the first day of the quarter, that
event is exempt from being reported on this schedule.
This exemption also applies if all entities acquired on the
first day of the quarter were FR Y-9C filers as of the prior
quarter.

Report in accordance with these instructions the selected
quarterly average information for any acquired company(ies), the predecessor, as described above. For the
items on this schedule, report the average of the balances
as of the close of business for each day for the calendar
quarter up to the date of acquisition or an average of the
balances as of the close of business on each Wednesday
during the calendar quarter up to date of acquisition. For
days that the acquired company or any of its consolidated
subsidiaries were closed (e.g., Saturdays, Sundays, or
holidays), use the amount outstanding from the previous
business day. An office is considered closed if there are
no transactions posted to the general ledger as of that
date.

The line item instructions should be read in conjunction
with the instructions for Schedule HC-K, ‘‘Quarterly
Averages.’’
Line Item 1 Average loans and leases (held for
investment and held for sale).
Report the quarterly average for all loans and leases, held
for investment and held for sale, in both domestic and
foreign offices of the acquired company (as defined for
Schedule HC-C, items 1 through 11).
Line Item 2 Average earning assets.
Report the quarterly average for all earning assets.
Include as earning assets:

Only a single schedule should be completed with aggregated information for all entities acquired during the
quarter. The combined assets of these firms should at
least equal $10 billion or 5 percent of the respondent’s
total consolidated assets at the previous quarter-end,
whichever is less.

(1) Securities;

The reporting holding company may report the items
below, net of merger-related adjustments, if any.

(5) Other earning assets.

In the unlikely event that only a portion of a firm was
purchased and actual financial statements for the acquired
operations are not readily available, the reporting holding
FR Y-9C
Notes to the Balance Sheet—Predecessor Financial Items

March 2018

(2) Federal funds sold and securities purchased under
agreements to resell;
(3) Loans and leases;
(4) Trading assets; and

Line Item 3 Average total consolidated assets.
Report the quarterly average for the fully consolidated
acquired company’s total assets (as defined for Schedule
BSnotes-P-1

Predecessor Financial Items

HC, item 12, ‘‘Total assets’’). When calculating the
quarterly average total consolidated assets for purposes
of this schedule, reflect all debt securities (not held for
trading) at amortized cost, available-for-sale equity securities with readily determinable fair values at the lower of
cost or fair value, and equity securities without readily
determinable fair values at historical cost. In addition, to
the extent that net deferred tax assets included in the
acquired company’s total assets, if any, include the
deferred tax effects of any unrealized holding gains and
losses on available-for-sale debt securities, these deferred
tax effects may be excluded from the determination of the
quarterly average for total consolidated assets. If these
deferred tax effects are excluded, this treatment must be
followed consistently over time.

BSnotes-P-2

Line Item 4 Average equity capital (excludes
limited-life preferred stock).
Report the quarterly average for the fully consolidated
equity capital (as defined for Schedule HC, item 28) of
the acquired company. For purposes of this schedule,
deduct net unrealized losses on marketable equity securities and exclude other net unrealized gains and losses on
available-for-sale securities, and accumulated net gains
(losses) on cash flow hedges when calculating average
equity capital.

Predecessor Financial Items

FR Y-9C
March 2013

LINE ITEM INSTRUCTIONS FOR

Notes to the Balance Sheet
Other

This section has been provided to allow holding companies that so wish to
explain the content of specific items in the balance sheet. The reporting holding
company should include any transactions reported on Schedules HC through
HC-S that it wishes to explain or that have been separately disclosed
in the holding company’s quarterly reports to its shareholders, in its press
releases, or on its quarterly reports to the Securities and Exchange Commission
(SEC). Also include any transactions which previously would have appeared as
footnotes to Schedules HC through HC-S.
Report in the space provided the schedule and line item for which the holding
company is specifying additional information, a description of the transaction
and, in the column provided, the dollar amount associated with the transaction
being disclosed.

FR Y-9C
Notes to the Balance Sheet—Other March 2013

BSnotes-1

Glossary

The definitions in this Glossary apply to the Consolidated
Financial Statements for Holding Companies (FR Y-9C)
and are not necessarily applicable for other regulatory or
legal purposes. The presentation of the assets, liabilities,
and stockholders’ equity, and the recognition of income
and expenses in the FR Y-9C are to be in accordance
with generally accepted accounting principles. The
accounting discussions in this Glossary are those relevant
to the preparation of these reports and are not intended to
constitute a comprehensive presentation on bank accounting or on generally accepted accounting principles. For
purposes of this Glossary, the FASB Accounting Standards Codification is referred to as ‘‘ASC.’’
Acceptances: See ‘‘Bankers’ acceptances.’’
Accounting Changes: Changes in accounting principles–
The accounting principles that holding companies have
adopted for the preparation of their FR Y-9C should be
changed only if (a) the change is required by a newly
issued accounting pronouncement or (b) the holding
company can justify the use of an allowable alternative
accounting principle on the basis that it is preferable
when there are two or more generally accepted accounting principles for a type of event or transaction. If a
holding company changes from the use of one acceptable
accounting principle to one that is more preferable at any
time during the calendar year, it must report the income
or expense item(s) affected by the change for the entire
year on the basis of the newly adopted accounting
principle regardless of the date when the change is
actually made. However, a change from an accounting
principle that is neither accepted nor sanctioned by the
Federal Reserve to one that is acceptable to the Federal
Reserve is to be reported as a correction of an error as
discussed below.
New accounting pronouncements that are adopted by the
Financial Accounting Standards Board (or such other
body officially designated to establish accounting prinFR Y-9C
Glossary March 2013

ciples) generally include transition guidance on how to
initially apply the pronouncement. In general, the pronouncements require (or allow) a holding company to use
one of the following approaches, collectively referred to
as ‘‘retrospective application’’:
• apply a different accounting principle to one or more
previously issued financial statements; or
• make a cumulative-effect adjustment to retained earnings, assets, and/or liabilities at the beginning of the
period as if that principle had always been used.
Because each Report of Income covers a single discrete
period, only the second approach under retrospective
application is permitted in the FR Y-9C. Therefore, when
an accounting pronouncement requires the application of
either of the approaches under retrospective application,
holding companies must report the effect on the amount
of retained earnings at the beginning of the year in which
the new pronouncement is first adopted for purposes of
the FR Y-9C (net of applicable income taxes, if any) as a
direct adjustment to equity capital in Schedule HI-A,
item 2.
In the FR Y-9C in which a change in accounting principle is first reflected, the holding company is encouraged
to include an explanation of the nature and reason for the
change in accounting principle in the ‘‘Notes to the
Income Statement–Other.’’
Changes in accounting estimates–Accounting and the
preparation of financial statements involve the use of
estimates. As more current information becomes known,
estimates may be changed. In particular, accruals are
derived from estimates based on judgments about the
outcome of future events and changes in these estimates
are an inherent part of accrual accounting.
Reasonable changes in accounting estimates do not
require the restatement of amounts of income and
expenses and assets, liabilities, and capital reported in
GL-1

Glossary

previously submitted FR Y-9C reports. Computation of
the cumulative effect of these changes is also not ordinarily necessary. Rather, the effect of such changes is
handled on a prospective basis. That is, beginning in the
period when an accounting estimate is revised, the related
item of income or expense for that period is adjusted
accordingly. For example, if the holding company’s
estimate of the remaining useful life of certain holding
company equipment is increased, the remaining undepreciated cost of the equipment would be spread over its
revised remaining useful life. Similarly, immaterial
accrual adjustments to items of income and expenses,
including provisions for loan and lease losses and income
taxes, are considered changes in accounting estimates
and would be taken into account by adjusting the affected
income and expense accounts for the year in which the
adjustments were found to be appropriate.
However, large and unusual changes in accounting estimates may be more properly treated as constituting
accounting errors, and if so, must be reported accordingly
as described below.
Corrections of accounting errors – A holding company
may become aware of an error in its FR Y-9C after it has
been submitted to the Federal Reserve through either its
own or the Federal Reserve’s discovery of the error. An
error in the recognition, measurement, or presentation of
an event or transaction included in a report for a prior
period may result from:
• a mathematical mistake;
• a mistake in applying accounting principles; or
• the oversight or misuse of facts that existed when the
FR Y-9C for prior periods were prepared.
According to SEC Staff Accounting Bulletin No. 108,
Considering the Effects of Prior Year Misstatements
when Quantifying Misstatements in Current Year Financial Statements (SAB 108), the effects of prior year errors
or misstatements (‘‘carryover effects’’) should be considered when quantifying misstatements identified in current
year financial statements. SAB 108 describes two methods for accumulating and quantifying misstatements.
These methods are referred to as the ‘‘rollover’’ and
‘‘iron curtain’’ approaches:
• The rollover approach ‘‘quantifies a misstatement
based on the amount of the error originating in the
current year income statement’’ only and ignores the
GL-2

‘‘carryover effects’’ of any related prior year misstatements. The primary weakness of the rollover approach
is that it fails to consider the effects of correcting the
portion of the current year balance sheet misstatement
that originated in prior years.
• The iron curtain approach ‘‘quantifies a misstatement
based on the effects of correcting the misstatement
existing in the balance sheet at the end of the current
year, irrespective of the misstatement’s year(s) of
origination.’’ The primary weakness of the iron curtain
approach is that it does not consider the correction of
prior year misstatements in the current year financial
statements to be errors because the prior year misstatements were considered immaterial in the year(s) of
origination. Thus, there could be a material misstatement in the current year income statement because the
correction of the accumulated immaterial amounts
from prior years is not evaluated as an error.
Because of the weaknesses in these two approaches, SAB
108 states that the impact of correcting all misstatements
on current year financial statements should be accomplished by quantifying an error under both the rollover
and iron curtain approaches and by evaluating the error
measured under each approach. When either approach
results in a misstatement that is material, after considering all relevant quantitative and qualitative factors, an
adjustment to the financial statements would be required.
Guidance on the consideration of all relevant factors
when assessing the materiality of misstatements is provided in SEC Staff Accounting Bulletin No. 99, Materiality (SAB 99) (codified as Topic 1.M. in the Codification
of Staff Accounting Bulletins).
For purposes of the FR Y-9C, all holding companies
should follow the sound accounting practices described
in SAB 108 and SAB 99. Accordingly, holding companies should quantify the impact of correcting misstatements, including both the carryover and reversing effects
of prior year misstatements, on their current year reports
by applying both the ‘‘rollover’’ and ‘‘iron curtain’’
approaches and evaluating the impact of the error measured under each approach. When the misstatement that
exists after recording the adjustment in the current year
FR Y-9C is material (considering all relevant quantitative
and qualitative factors), the appropriate prior year report(s)
should be amended, even though such revision previously was and continues to be immaterial to the prior
Glossary

FR Y-9C
March 2013

Glossary

year report(s). If the misstatement that exists after recording the adjustment in the current year FR Y-9C is not
material, then amending the immaterial errors in prior
year reports would not be necessary.

Accounting Errors, Corrections of: See ‘‘Accounting
changes.’’

When the Federal Reserve determines that the holding
company’s FR Y-9C contains a material accounting
error, the holding company may be directed to file
amended condition and/or income report data for each
prior period that was significantly affected by the error.
Normally, such refilings will not result in restatements of
reports for periods exceeding five years. If amended
reports are not required, the holding company should
report the effect of such corrections on retained earnings
at the beginning of the year, net of applicable income
taxes, in Schedule HI-A, item 2, ‘‘Cumulative effect of
changes in accounting principles and corrections of material accounting errors.’’ The effect of such corrections on
income and expenses since the beginning of the year in
which the error is discovered should be reflected in each
affected income and expense account on a year-to-date
basis in the next quarterly FR Y-9C to be filed and not as
a direct adjustment to retained earnings.

Accounting Principles, Changes in: See ‘‘Accounting
changes.’’

In addition, a change from an accounting principle that is
neither accepted nor sanctioned by the Federal Reserve to
one that is acceptable to the Federal Reserve is to be
reported as a correction of an error. When such a change
is implemented, the cumulative effect that applies to prior
periods, calculated in the same manner as described
above for other changes in accounting principles, should
be reported in Schedule HI-A, item 2, ‘‘Cumulative effect
of changes in accounting principles and corrections of
material accounting errors. ’’ In most cases of this kind
undertaken voluntarily by the reporting holding company
in order to adopt more acceptable accounting practices,
such a change will not result in a request for amended
reports for prior periods unless substantial distortions in
the holding company’s previously reported results are in
evidence.
In the FR Y-9C in which the correction of an error is first
reflected, the holding company is encouraged to include
an explanation of the nature and reason for the correction
in the ‘‘Notes to the Income Statement—Other.’’
For further information on these three topics, see ASC
Topic 250, Accounting Changes and Error Corrections
(formerly FASB Statement No. 154, Accounting Changes
and Error Corrections).
FR Y-9C
Glossary March 2013

Accounting Estimates, Changes in: See ‘‘Accounting
changes.’’

Accrued Interest Receivable Related to Credit Card
Securitizations: In a typical credit card securitization, an
institution transfers a pool of receivables and the right to
receive the future collections of principal (credit card
purchases and cash advances), finance charges, and fees
on the receivables to a trust. If a securitization transaction
qualifies as a sale under ASC Topic 860, Transfers and
Servicing (formerly FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and
Extinguishments of Liabilitities, as amended), the selling
institution removes the receivables that were sold from
its reported assets and continues to carry any retained
interests in the transferred receivables on its balance
sheet. The ‘‘accrued interest receivable’’ (AIR) asset
typically consists of the seller’s retained interest in the
investor’s portion of (1) the accrued fees and finance
charges that have been billed to customer accounts, but
have not yet been collected (‘‘billed but uncollected’’),
and (2) the right to finance charges that have been
accrued on cardholder accounts, but have not yet been
billed (‘‘accrued but unbilled’’).
While the selling institution retains a right to the excess
cash flows generated from the fees and finance charges
collected on the transferred receivables, the institution
generally subordinates its right to these cash flows to the
investors in the securitization. If and when cash payments on the accrued fees and finance charges are
collected, they flow through the trust, where they are
available to satisfy more senior obligations before any
excess amount is remitted to the seller. Only after trust
expenses (such as servicing fees, investor certificate
interest, and investor principal charge-offs) have been
paid will the trustee distribute any excess fee and finance
charge cash flow back to the seller. Since investors are
paid from these cash collections before the selling institution receives the amount of AIR that is due, the seller
may or may not realize the full amount of its AIR asset.
Accounting at Inception of the Securitization Transaction
Generally, if a securitization transaction meets the criteria
for sale treatment and the AIR is subordinated
GL-3

Glossary

either because the asset has been isolated from the
transferor1 or because of the operation of the cash flow
distribution (or ‘‘waterfall’’) through the securitization
trust, the total AIR asset (both the “billed and uncollected” and ‘‘accrued and unbilled’’) should be considered one of the components of the sale transaction. Thus,
when accounting for a credit card securitization, an
institution should allocate the previous carrying amount
of the AIR (net of any related allowance for uncollectible
amounts) and the other transferred assets between the
assets that are sold and the retained interests, based on
their relative fair values at the date of transfer. As a
result, after a securitization, the allocated carrying amount
of the AIR asset will typically be lower than its face
amount.
Subsequent Accounting
After securitization, the AIR asset should be accounted
for at its allocated cost basis (as discussed above). In
addition, an institution should treat the AIR asset as a
retained (subordinated) beneficial interest. Accordingly,
it should be reported as an ‘‘Other Asset’’ in Schedule
HC-F, item 6, and in Schedule HC-S, item 2(b), column
C (if reported as a stand-alone asset) and not as a loan
receivable.
Although the AIR asset is a retained beneficial interest in
transferred assets, it is not required to be subsequently
measured like an investment in debt securities classified
as available for sale or trading under ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB
Statements No. 115 Accounting for Certain Investments
in Debt and Equity Securities) and ASC Topic 860
because the AIR asset cannot be contractually prepaid or
settled in such a way that the holder would not recover
substantially all of its recorded investment. Rather, institutions should follow existing applicable accounting standards, including ASC Subtopic 450-20, Contingencies–
Loss Contingencies (formerly FASB Statement No. 5,
Accounting for Contingencies), in subsequent accounting
for the AIR asset. ASC Subtopic 450-20 addresses the
accounting for various loss contingencies, including the
collectibility of receivables.
For further guidance, holding companies should refer to
the Interagency Advisory on the Accounting Treatment
of Accrued Interest Receivable Related to Credit Card

1. See ASC Subtopic 860-10.

GL-4

Securitizations dated December 4, 2002. See also the
Glossary entry for ‘‘Transfers of Financial Assets.’’
Acquisition, Development, or Construction (ADC)
Arrangements: An ADC arrangement is an arrangement
in which a holding company or its consolidated subsidiaries provide financing for real estate acquisition, development, or construction purposes and participates in the
expected residual profit resulting from the ultimate sale
or other use of the property. ADC arrangements should
be reported as loans, real estate joint ventures, or direct
investments in real estate in accordance with ASC Subtopic 310-10, Receivables – Overall (formerly AICPA
Practice Bulletin 1, Appendix, Exhibit I, ADC Arrangements).
Under the Federal Reserve regulatory capital rules, the
term high volatility commercial real estate (HVCRE)
exposure is defined, in part, to mean a credit facility that,
prior to conversion to permanent financing, finances or
has financed the acquisition, development, or construction of real property. (See §.2 of the regulatory capital
rules and the instructions for Schedule HC-R, Part II,
item 4.b.) Holding companies should note that the meaning of the term ADC as used in the definition of HVCRE
exposure in the regulatory capital rules differs from the
meaning of ADC arrangement for accounting purposes in
ASC Subtopic 310-10 as described above in this Glossary entry. For example, a holding companies participation in the expected residual profit from a property is part
of the accounting definition of an ADC arrangement, but
whether the holding company participates in the expected
residual profit is not a consideration for purposes of
determining whether a credit facility is an HVCRE
exposure for regulatory capital purposes. Thus, a loan
can be treated as an HVCRE exposure for regulatory
capital purposes even though it does not provide for the
holding company to participate in the property’s expected
residual profit.
Agreement Corporation: See ‘‘Edge and Agreement
corporation.’’
Allowance for Loan and Lease Losses: Each holding
company must maintain an allowance for loan and lease
losses (allowance) at a level that is appropriate to cover
estimated credit losses associated with its loan and lease
portfolio, i.e., loans and leases that the holding company
has intent and ability to hold for the foreseeable future or
until maturity or payoff. Each holding company should
Glossary

FR Y-9C
June 2015

Glossary

also maintain, as a separate liability account, an allowance at a level that is appropriate to cover estimated
credit losses associated with off-balance sheet credit
instruments such as off-balance sheet loan commitments,
standby letters of credit, and guarantees. This separate
allowance should be reported in Schedule HC-G, item 3,
‘‘Allowance for credit losses on off-balance sheet credit
exposures,’’ not as part of the ‘‘Allowance for loan and
lease losses’’ in Schedule HC, item 4(c).
With respect to the loan and lease portfolio, the term
‘‘estimated credit losses’’ means an estimate of the
current amount of loans and leases that it is probable the
holding company will be unable to collect given facts and
circumstances as of the evaluation date. Thus, estimated
credit losses represent net charge-offs that are likely to be
realized for a loan or pool of loans. These estimated
credit losses should meet the criteria for accrual of a loss
contingency (i.e., through a provision to the allowance)
set forth in generally accepted accounting principles
(GAAP).
As of the end of each quarter, or more frequently if
warranted, the management of each holding company
must evaluate, subject to examiner review, the collectibility of the loan and lease portfolio, including any recorded
accrued and unpaid interest (i.e., not already reversed or
charged off), and make entries to maintain the balance of
the allowance for loan and lease losses on the balance
sheet at an appropriate level. Management must maintain
reasonable records in support of their evaluations and
entries. Furthermore, each holding company is responsible for ensuring that controls are in place to consistently
determine the allowance for loan and lease losses in
accordance with GAAP (including ASC Subtopic 450-20
Contingencies–Loss Contingencies (formerly FASB
Statement No. 5, Accounting for Contingencies) and
ASC Topic 310, Receivables (formerly FASB Statement
No. 114, Accounting by Creditors for Impairment of a
Loan), the holding company’s stated policies and procedures, management’s best judgment and relevant supervisory guidance.
Additions to, or reductions of, the allowance account
resulting from such evaluations are to be made through
charges or credits to the ‘‘provision for loan and lease
losses’’ (provision) in the FR Y-9C. When available
information confirms that specific loans and leases, or
portions thereof, are uncollectible, these amounts should
be promptly charged off against the allowance. All
charge-offs of loans and leases shall be charged directly
FR Y-9C
Glossary June 2015

to the allowance. Under no circumstances can loan or
lease losses be charged directly to ‘‘Retained earnings.’’
Recoveries on loans and leases represent collections on
amounts that were previously charged off against the
allowance. Recoveries shall be credited to the allowance,
provided, however, that the total amount credited to the
allowance as recoveries on an individual loan (which
may include amounts representing principal, interest, and
fees) is limited to the amount previously charged off
against the allowance on that loan. Any amounts collected in excess of this limit should be recognized as
income.
ASC Subtopic 310-30, Receivables – Loans and Debt
Securities Acquired with Deteriorated Credit Quality
(formerly AICPA Statement of Position 03-3, Accounting
for Certain Loans or Debt Securities Acquired in a
Transfer) prohibits a holding company from ‘‘carrying
over’’ or creating loan loss allowances in the initial
accounting for ‘‘purchased impaired loans,’’ i.e., loans
that a holding company has purchased where there is
evidence of deterioration of credit quality since the
origination of the loan and it is probable, at the purchase
date, that the holding company will be unable to collect
all contractually required payments receivable. This prohibition applies to the purchase of an individual impaired
loan, a pool or group of impaired loans, and impaired
loans acquired in a purchase business combination. However, if, upon evaluation subsequent to acquisition, based
on current information and events, it is probable that the
holding company is unable to collect all cash flows
expected at acquisition (plus additional cash flows
expected to be collected arising from changes in estimate
after acquisition) on a purchased impaired loan (not
accounted for as a debt security), the loan should be
considered impaired for purposes of establishing an
allowance pursuant to ASC Subtopic 450-20 or ASC
Topic 310, as appropriate.
When a holding company makes a full or partial direct
write-down of a loan or lease that is uncollectible, the
holding company establishes a new cost basis for the
asset. Consequently, once a new cost basis has been
established for a loan or lease through a direct writedown, this cost basis may not be ‘‘written up’’ at a later
date. Reversing the previous write-down and ‘‘rebooking’’ the charged-off asset after the holding company concludes that the prospects for recovering the
charge-off have improved, regardless of whether the
holding company assigns a new account number to the
GL-5

Glossary

asset or the borrower signs a new note, is not an
acceptable accounting practice.
The allowance account must never have a debit balance.
If losses charged off exceed the amount of the allowance,
a provision sufficient to restore the allowance to an
appropriate level must be charged to expense on the
income statement immediately. A holding company shall
not increase the allowance account by transferring an
amount from undivided profits or any segregation thereof
to the allowance for loan and lease losses.
To the extent that a holding company’s reserve for bad
debts for tax purposes is greater than or less than its
‘‘allowance for loan and lease losses’’ on the balance
sheet of the FR Y-9C, the difference is referred to as a
temporary difference. See the Glossary entry for ‘‘income
taxes’’ for guidance on how to report the tax effect of
such a temporary difference.
Recourse liability accounts that arise from recourse obligations for any transfers of loans that are reported as
sales for purposes of these reports should not be included
in the allowance for loan and lease losses. These accounts
are considered separate and distinct from the allowance
account and from the allowance for credit losses on
off-balance sheet credit exposures. Recourse liability
accounts should be reported in Schedule HC-G, item 4,
‘‘Other’’ liabilities.
For comprehensive guidance on the maintenance of an
appropriate allowance for loan and lease losses, holding
companies should refer to the Interagency Policy Statement on the Allowance for Loan and Lease Losses dated
December 13, 2006. For guidance on the design and
implementation of allowance methodologies and supporting documentation practices, holding companies should
refer to the interagency Policy Statement on Allowance
for Loan and Lease Losses Methodologies and Documentation for Banks and Savings Associations, which was
published on July 6, 2001. Information on the application
of ASC Topic 310, Receivables, to the determination of
an allowance for loan and losses on those loans covered
by that accounting standard is provided in the Glossary
entry for ‘‘loan impairment.’’
For information on reporting on foreclosed and repossessed assets, see the Glossary entry for ‘‘foreclosed
assets.’’
Applicable Income Taxes: See ‘‘Income taxes.’’
Associated Company: See ‘‘Subsidiaries.’’
GL-6

ATS Account: See ‘‘Deposits.’’
Bankers’ Acceptances: A banker’s acceptance, for purposes of these reports, is a draft or bill of exchange that
has been drawn on and accepted by a banking institution
(the ‘‘accepting bank’’) or its agent for payment by that
institution at a future date that is specified in the instrument. Funds are advanced to the drawer of the acceptance
by the discounting of the accepted draft either by the
accepting bank or by others; the accepted draft is negotiable and may be sold and resold subsequent to its
original discounting. At the maturity date specified, the
holder or owner of the acceptance at that date, who has
advanced funds either by initial discount or subsequent
purchase, presents the accepted draft to the accepting
bank for payment.
The accepting bank has an unconditional obligation to
put the holder in funds (to pay the holder the face amount
of the draft) on presentation on the specified date. The
account party (customer) has an unconditional obligation
to put the accepting bank in funds at or before the
maturity date specified in the instrument.
The following description covers the treatment in the
FR Y-9C of (1) acceptances that have been executed by
a bank subsidiary of the reporting holding company, that
is, those drafts that have been drawn on and accepted by a
subsidiary bank; (2) ‘‘participations’’ in acceptances, that
is, ‘‘participations’’ in the accepting bank’s obligation to
put the holder of the acceptance in funds at maturity, or
participations in the accepting bank’s risk of loss in the
event of default by the account party; and (3) acceptances
owned by the reporting holding company or its subsidiaries, that is, those acceptances— whether executed by
the reporting holding company’s subsidiary banks or by
others—that a bank subsidiary has discounted or that any
subsidiary of the holding company has purchased.
(1) Acceptances executed by a subsidiary bank of the
reporting holding company. With the exceptions
described below, the reporting holding company
must report on its balance sheet the full amount of the
acceptance in both (a) the liability item, ‘‘Other
liabilities’’ (Schedule HC, item 20), reflecting the
subsidiary bank’s obligation to put the holder of the
acceptance in funds at maturity, and (b) the asset
item, ‘‘Other assets’’ (Schedule HC, item 11),
reflecting the account party’s liability to put the
accepting bank subsidiary in funds at or before
maturity. The acceptance liability and acceptance
Glossary

FR Y-9C
June 2015

Glossary

asset must also be reported in both Schedule HC-G,
item 4, ‘‘Other liabilities,’’ and Schedule HC-F, item
6, ‘‘Other assets,’’ respectively.
Exceptions to the mandatory reporting by the reporting holding company of the full amount of all
outstanding drafts accepted by the bank subsidiary(ies) of the reporting holding company in both
‘‘Other liabilities’’ (Schedule HC, item 20) and
‘‘Other assets’’ (Schedule HC, item 11) on the Consolidated Balance sheet of the FR Y-9C occur in the
following situations:
(a) One exception occurs in situations where the
accepting bank acquires—through initial discounting or subsequent purchase—and holds its
own acceptance (i.e., a draft that it has itself
accepted). In this case, the bank subsidiary’s own
acceptances that are held by it will not be reported
in the ‘‘Other liabilities’’ and ‘‘Other assets’’
items noted above. The bank subsidiary’s holdings of its own acceptances will be reported
either in ‘‘Loans and leases, held for investment’’
(Schedule HC, item 4(b)) or, if held in a trading
account, in ‘‘Trading assets’’ (Schedule HC,
item 5).
(b) A second exception occurs where the parent
holding company or a subsidiary of the holding
company (other than the accepting bank subsidiary) purchases an acceptance executed by one of
the reporting holding company’s subsidiary banks.
In this case, the process of consolidation eliminates the consolidated holding company’s liability on acceptances and outstanding and the customers’ liability to the accepting bank on
acceptances outstanding will be reported either in
Schedule HC, item 4(b) or item 5.
(c) A third exception occurs in situations where the
account party anticipates its liability to a bank
subsidiary of the reporting holding company on
an acceptance outstanding by making a payment
to the bank that reduces the customer’s liability
in advance of the maturity of the acceptance.
In this case, the holding company will decrease
the asset item ‘‘Other assets’’ (Schedule HC, item
11) by the amount of such prepayment; the
prepayment will not affect the liability item
‘‘Other liabilities’’ (Schedule HC, item 20) which
would continue to reflect the full amount of the
FR Y-9C
Glossary March 2018

acceptance until the bank subsidiary has repaid
the holder of the acceptance at the maturity date
specified in the instrument. If the account party’s
payment to the accepting bank before the maturity date is not for the purpose of immediate
reduction of its indebtedness to the reporting
bank or if receipt of the payment does not
immediately reduce or extinguish that indebtedness, such advance payment will not reduce item
11 of Schedule HC but should be reflected in the
bank’s deposit liabilities.
(d) A fourth exception occurs when the holding
company has a subsidiary of the holding company (other than the accepting bank) that is the
account party (customer) in the acceptance transaction. In this case, the process of consolidation
eliminates the asset item but will leave the liability item (item 20) unaffected except where the
holding company or one of its consolidated subsidiaries purchases the acceptance executed.
In all situations other than these four exceptions just
described, the reporting holding company’s financial
statement must reflect the full amount of its acceptances in ‘‘Other liabilities’’ (Schedule HC, item 20)
and in ‘‘Other assets’’ (Schedule HC, item 11).
(2) ‘‘Participations’’in acceptances. The general requirement for the accepting bank to report on its balance
sheet the full amount of the total obligation to put the
holder of the acceptance in funds applies also, in
particular, to any situation in which the acceptingbank enters into any kind of arrangement with
others for the purpose of having the latter share, or
participate, in the obligation to put the holder of the
acceptance in funds at maturity or in the risk of loss
in the event of default on the part of the account
party.2 In any such sharing arrangement or participation agreement—regardless of its form or its contract
provisions, regardless of the terminology (e.g.,
‘‘funded,’’ ‘‘risk,’’ ‘‘unconditional,’’ or ‘‘contingent’’)
used to describe it and the relationships under it,
regardless of whether it is described as a participation
in the customer’s liability or in the accepting bank’s
obligation or in the risk of default by the account

2. The discussion does not deal with participations in holdings of bankers
acceptances, which are reportable under loans. Such participations are
treated like any participations in loans.

GL-7

Glossary

party, and regardless of the system of debits and
credits used by the accepting bank to reflect the
participation arrangement—the existence of the participation or other agreement should not reduce the
accepting bank’s obligation to honor the full amount
of the acceptance at maturity.
The existence of such participations should not to be
recorded on the balance sheet of the accepting bank
subsidiary nor on the consolidated balance sheet
(Schedule HC) of the holding company (except for
immaterial amounts) that conveys shares in its obligation to put the holder of the acceptance in funds or
shares in its risk of loss in the event of default on the
part of the account party, and similarly is not to be
recorded on the balance sheets (Schedule HC) of the
other holding companies or their subsidiaries that are
party to, or acquire, such participations. However, in
such cases of agreements to participate, the nonaccepting institution acquiring the participation will
report the participation in HC-R, Part II item 17 ‘‘All
other off-balance sheet liabilities.’’ This same reporting treatment applies to a holding company that
acquires a participation in an acceptance of another
(accepting) institution and subsequently conveys the
participation to others and to an institution that
acquires such a participation. Moreover, the holding
company that both acquires and conveys a participation in another institution’s acceptance must report
the amount of the ‘‘All other off-balance sheet liabilites’’ item in Schedule HC-R, Part II.
(3) Acceptances owned by the reporting holding company. The treatment of acceptances owned or held by
the reporting holding company (whether acquired by
initial discount or subsequent purchase) depends
upon whether the acceptances are held in trading
account or in portfolio and upon whether the acceptances held have been accepted by a bank subsidiary
of the reporting holding company or by a bank that is
not a subsidiary of the reporting holding company.
All acceptances held by the reporting holding company in trading accounts (whether acceptances of a
bank of the reporting holding company or of banks
outside the holding company) are to be reported in
Schedule HC, item 5, ‘‘Trading assets.’’ Holding
companies that must complete Schedule HC-D, Trading Assets and Liabilities, will identify there holdings in item 9, ‘‘Other trading assets.’’ The reporting
holding company’s holdings of acceptances other
GL-8

than those in its trading account (whether acceptances of a bank subsidiary of the reporting holding
company or of banks outside the holding company)
are to be reported in Schedule HC, item 4(b), ‘‘Loans
and leases, held for investment,’’ and in Schedule
HC-C which calls for detail on ‘‘Loans and lease
financing receivables.’’
In Schedule HC-C, the reporting holding company’s
holdings of acceptances of banks outside the reporting
holding company, other than those held in trading
accounts, are to be reported in ‘‘Loans to depository
institutions and acceptances of other banks’’ (item 2). On
the other hand, the holding company’s holdings of acceptances of its bank subsidiaries, other than those held in
trading accounts, are to be reported in Schedule HC-C
according to the account party of the draft. Thus, holdings of acceptances of bank subsidiaries for which the
account parties are commercial or industrial enterprises
are to be reported in Schedule HC-C in ‘‘Commercial and
industrial loans’’ (item 4); holdings of acceptances of
subsidiary banks for which the account parties are banks
outside the holding company (e.g., in connection with the
refinancing of another acceptance or for the financing of
dollar exchange) are to be reported in Schedule HC-C in
‘‘Loans to depository institutions and acceptances of
other banks’’ (item 2); and holdings of acceptances of
subsidiary banks for which the account parties are foreign governments or official institutions (e.g., for the
financing of dollar exchange) are to be reported in
Schedule HC-C, ‘‘Loans to foreign governments and
official institutions’’ (item 7).
The difference in treatment between holdings of acceptances of subsidiary banks and holdings of other banks’
acceptances reflects the fact that, for other banks’ acceptances, the holding company’s immediate claim is on the
accepting bank, regardless of the account party or of the
purpose of the loan. On the other hand, for its holdings of
its own acceptances, the holding company’s immediate
claim is on the account party named in the accepted draft.
If the account party prepays its acceptance liability on an
acceptance of a bank subsidiary of the reporting holding
company that is held by the bank subsidiary (either in
loans or trading account) so as to immediately reduce its
indebtedness to the bank subsidiary, the recording of the
holding—in ‘‘Commercial and industrial loans,’’ ‘‘Loans
to depository institutions,’’ or ‘‘Assets held in trading
accounts,’’ as appropriate—is reduced by the prepayment.
Glossary

FR Y-9C
March 2018

Glossary

Bank-Owned Life Insurance: ASC Subtopic 325-30,
Investments-Other – Investments in Insurance Contracts
(formerly FASB Technical Bulletin No. 85-4, Accounting
for Purchases of Life Insurance, and Emerging Issues
Task Force (EITF) Issue No. 06-5, Accounting for Purchases of Life Insurance-Determining the Amount That
Could Be Realized in Accordance with FASB Technical
Bulletin No. 85-4), addresses the accounting for bankowned life insurance. According to ASC Subtopic 32530, only the amount that could be realized under the
insurance contract as of the balance sheet date should be
reported as an asset. In general, this amount is the cash
surrender value reported to the institution by the insurance carrier less any applicable surrender charges not
reflected by the insurance carrier in the reported cash
surrender value, i.e., the net cash surrender value. An
institution should also consider any additional amounts
included in the contractual terms of the policy in determining the amount that could be realized under the
insurance contract in accordance with ASC Subtopic
325-30.
Because there is no right of offset, an investment in
bank-owned life insurance should be reported as an asset
separately from any related deferred compensation liability.
Institutions that have entered into split-dollar life insurance arrangements should follow the guidance on the
accounting for the deferred compensation and postretirement benefit aspects of such arrangements in ASC Subtopic 715-60, Compensation-Retirement Benefits –
Defined Benefit Plans-Other Postretirement (formerly
EITF Issue No. 06-4, Accounting for Deferred Compensation and Postretirement Benefit Aspects of Endorsement Split-Dollar Life Insurance Arrangements, and
EITF Issue No. 06-10, Accounting for Deferred Compensation and Postretirement Benefit Aspects of Collateral
Assignment Split-Dollar Life Insurance Arrangements).
In general, in an endorsement split-dollar arrangement,
an institution owns and controls the insurance policy on
the employee, whereas in a collateral assignment splitdollar arrangement, the employee owns and controls the
insurance policy. According to ASC Subtopic 715-60, an
institution should recognize a liability for the postretirement benefit related to a split-dollar life insurance
arrangement if, based on the substantive agreement with
the employee, the institution has agreed to maintain a life
insurance policy during the employee’s retirement or
provide the employee with a death benefit. This liability
FR Y-9C
Glossary March 2018

should be measured in accordance with either ASC Topic
715, Compensation-Retirement Benefits (formerly FASB
Statement No. 106, Employers’Accounting for Postretirement Benefits Other Than Pensions) (if, in substance, a
postretirement benefit plan exists) or ASC Subtopic
710-10, Compensation-General – Overall (formerly
Accounting Principles Board Opinion No. 12 Omnibus
Opinion – 1967, as amended by FASB Statement No.
106, Employers’ Accounting for Postretirement Benefits
Other Than Pensions) (if the arrangement is, in substance, an individual deferred compensation contract),
and reported on the balance sheet in Schedule HC, item
20, ‘‘Other liabilities,’’ and in Schedule HC-G, item 4,
‘‘Other.’’ In addition, for a collateral assignment splitdollar arrangement, ASC Subtopic 715-60 states that an
employer such as an institution should recognize and
measure an insurance asset based on the nature and
substance of the arrangement.
The amount that could be realized under bank-owned life
insurance policies as of the report date should be reported
on the balance sheet in Schedule HC, item 11, ‘‘Other
assets,’’ and in Schedule HC-F, item 5, ‘‘Life insurance
assets.’’ The net earnings (losses) on or the net increases
(decreases) in the institution’s life insurance assets should
be reported in the income statement in Schedule HI, item
5(l), ‘‘Other noninterest income.’’ Alternatively, the gross
earnings (losses) on or increases (decreases) in these life
insurance assets may be reported in Schedule HI, item
5(l), and the life insurance policy expenses may be
reported in Schedule HI, item 7(d), ‘‘Other noninterest
expense.’’ If the absolute value of the earnings (losses) on
or the increases (decreases) in the institution’s life insurance assets are reported in Schedule HI, item 5(l), ‘‘Other
noninterest income,’’ are greater than $25,000 and exceed
7 percent of ‘‘Other noninterest income,’’ this amount
should be reported in Schedule HI, Memorandum item
6(b).
Banks, U.S. and Foreign: In the classification of banks
as customers of the reporting holding company, distinctions are drawn for purposes of the FR Y-9C between
‘‘U.S. banks’’ and ‘‘commercial banks in the U.S.’’ and
between ‘‘foreign banks’’ and ‘‘banks in foreign countries.’’ Some report items call for one set of these
categories and other items call for the other set. The
distinctions center around the inclusion or exclusion of
foreign branches of U.S. banks and U.S. branches and
agencies of foreign banks. For purposes of describing the
office location of banks as customers of the reporting
GL-9

Glossary

bank, the term ‘‘United States’’ covers the 50 states of the
United States, the District of Columbia, Puerto Rico, and
U.S. territories and possessions. (This is in contrast to the
usage with respect to the offices of the reporting bank,
where U.S.-domiciled Edge and Agreement subsidiaries
and IBFs are included in ‘‘foreign’’ offices. Furthermore,
for holding companies chartered and headquartered in the
50 states of the United States and the District of Columbia, offices of the reporting holding company in Puerto
Rico and U.S. territories and possessions are also included
in ‘‘foreign’’ offices, but, for holding companies chartered and headquartered in Puerto Rico and U.S. territories and possessions, offices of the reporting holding
company in Puerto Rico and U.S. territories and possessions are included in ‘‘domestic’’ offices.)
U.S. banks—The term ‘‘U.S. banks’’ covers both the U.S.
and foreign branches of banks chartered and headquartered in the U.S. (including U.S.-chartered banks
owned by foreigners), but excluding U.S. branches and
agencies of foreign banks. On the other hand, the term
‘‘banks in the U.S.’’ or ‘‘commercial banks in the U.S.’’
(the institutional coverage of which is described in detail
later in this entry) covers the U.S. offices of U.S. banks
(including their IBFs) and the U.S. branches and agencies
of foreign banks, but excludes the foreign branches of
U.S. banks.
Foreign banks—Similarly, the term ‘‘foreign banks’’
covers all branches of banks chartered and headquartered
in foreign countries (including foreign banks owned by
U.S. nationals and institutions), including their U.S.domiciled branches and agencies, but excluding the
foreign branches of U.S. banks. In contrast, the term
‘‘banks in foreign countries’’ covers foreign-domiciled
branches of banks, including the foreign branches of U.S.
banks, but excluding the U.S. branches and agencies of
foreign banks.
The following table summarizes these contrasting categories of banks considered as customers as used in the
Reports of Condition and Income. (‘‘X’’ indicates inclusion; no entry indicates exclusion.)
Commercial banks in the U.S.—The detailed institutional composition of ‘‘commercial banks in the U.S.’’
includes:
(1) the U.S.-domiciled head offices and branches of:
(a) national banks;
(b) state-chartered commercial banks;
GL-10

(c) trust companies that perform a commercial banking business;
(d) industrial banks;
(e) International Banking Facilities (IBFs) of U.S.
banks;
(f) Edge and Agreement corporations; and
(g) private or unincorporated banks;
(2) the U.S.-domiciled branches and agencies of foreign
banks (as defined below).
U.S.
banks

U.S. branches
of U.S. banks
(including
IBFs) ..............
Foreign branches
of U.S. banks ...
Foreign branches
of foreign
banks ..............
U.S. branches
and agencies
of foreign
banks ..............

X

Commercial
banks in
Foreign
the U.S.
banks

Banks in
foreign
countries

X

X

X
X

X

X

X

This coverage includes the U.S. institutions listed above
that are owned by foreigners. Excluded from commercial
banks in the U.S. are branches located in foreign countries of U.S. banks.
U.S. branches and agencies of foreign banks—U.S.
branches of foreign banks include any offices or places of
business of foreign banks that are located in the United
States at which deposits are accepted. U.S. agencies of
foreign banks generally include any offices or places of
business of foreign banks that are located in the United
States at which credit balances are maintained incidental
to or arising out of the exercise of banking powers but at
which deposits may not be accepted from citizens or
residents of the United States. For purposes of the
FR Y-9C, the term ‘‘U.S. branches and agencies of
foreign banks’’ covers:
(1) the U.S. branches and agencies of foreign banks;
(2) the U.S. branches and agencies of foreign official
banking institutions, including central banks,
nationalized banks, and other banking institutions
owned by foreign governments; and
Glossary

FR Y-9C
June 2015

Glossary

(3) investment companies that are chartered under Article
XII of the New York State banking law and that are
majority-owned by one or more foreign banks.
Banks in foreign countries—The institutional composition of ‘‘banks in foreign countries’’ includes:
(1) the foreign-domiciled head offices and branches of:
(a) foreign commercial banks (including foreigndomiciled banking subsidiaries of U.S. banks and
of Edge and Agreement corporations);
(b) foreign savings banks or discount houses;
(c) nationalized banks not functioning either as central banks, as foreign development banks, or as
banks of issue;
(d) other similar foreign institutions that accept
short-term deposits; and
(2) the foreign-domiciled branches of U.S. banks.
See also ‘‘International Banking Facility (IBF).’’ Banks
in Foreign Countries: See ‘‘Banks, U.S. and foreign.’’
Bill-of-Lading Draft: See ‘‘Commodity or bill-of-lading
draft.’’
Borrowings and Deposits in Foreign Offices: Borrowings in foreign offices include assets rediscounted with
central banks, certain participations sold in loans and
securities, government funding of loans, borrowings from
the Export–Import Bank, and rediscounted trade acceptances. Federal funds sold and repurchase agreements in
foreign offices should be reported in accordance with the
Glossary entries for ‘‘federal funds transactions’’ and
‘‘repurchase/resale agreements.’’ Liability accounts such
as accruals and allocated capital shall not be reported as
borrowings. Deposits consist of such other short-term
and long-term liabilities issued or undertaken as a means
of obtaining funds to be used in the banking business and
include those liabilities generally characterized as placements and takings, call money, and deposit substitutes.
Key factors in determining if a liability is a deposit or
borrowing are the provisions of the underlying contract.
If no such contract exists the confirmation may be used to
determine the nature of the liability.
Brokered Deposits: Brokered deposits represent deposits which the banking subsidiaries of the reporting holding company receives from brokers or dealers for the
account of others either directly or ultimately. Brokered
deposits include both those in which the entire beneficial
FR Y-9C
Glossary June 2015

interest in a given deposit instrument issued by the bank
subsidiary is held by a single depositor and those in
which the broker sells participations in a given bank
instrument to one or more investors.
Brokered Retail Deposits: are brokered deposits that are
issued in denominations of $100,000 or less or that are
issued in denominations greater than $100,000 and participated out by the broker in shares of $100,000 or less.
In some cases, brokered retailed deposits are issued in
$1,000 amounts under a master certificate of deposit
issued by a bank subsidiary to a deposit broker in an
amount that exceeds $100,000. For these retail brokered
deposits, multiple purchases by individual depositors
from an individual bank subsidiary normally do not
exceed the applicable deposit insurance limit (either
$100,000 or $250,000), but under current deposit insurance rules the deposit broker is not required to provide
information routinely on these purchasers and their
account ownership capacity to the bank subsidiary issuing the deposits. If this information is not readily available to the issuing bank subsidiary, these brokered certificates of deposit in $1,000 amounts may be rebuttably
presumed to be fully insured brokered deposits and
should be reported in Schedule HC-E, Memorandum
item 1 or 2. In addition, some brokered deposits are
transaction accounts or money market deposit accounts
(MMDAs) that are denominated in amounts of $0.01 and
established and maintained by the deposit broker (or its
agent) as agent, custodian, or other fiduciary for the
broker’s customers. An individual depositor’s deposits
within the brokered transaction account or MMDA normally do not exceed the applicable deposit insurance
limit. As with retail brokered deposits, if information on
these depositors and their account ownership capacity is
not readily available to the bank subsidiary establishing
the transaction account or MMDA, the amounts in the
transaction account or MMDA may be rebuttably presumed to be fully insured brokered deposits and should
be reported in Schedule HC-E, Memorandum item 1 or 2.
For purposes of this report, the term deposit broker
includes:
(1) any person engaged in the business of placing deposits, or facilitating the placement of deposits, of third
parties with insured depository institutions or the
business of placing deposits with insured depository
institutions for the purpose of selling interests in
those deposits to third parties, and
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Glossary

(2) an agent or trustee who establishes a deposit account
to facilitate a business arrangement with an insured
depository institution to use the proceeds of the
account to fund a prearranged loan.

deposits) which are significantly higher than the prevailing rates of interest on deposits offered by other insured
depository institutions having the same type of charter in
such depository institution’s normal market area.

The term deposit broker does not include:

In addition, deposit instruments of the reporting holding
company that are sold to brokers, dealers, or underwriters
(including both bank affiliates and nonbank subsidiaries
of the reporting holding company) who then reoffer
and/or resell these deposit instruments to one or more
investors, regardless of the minimum denomination
which the investor must purchase, are considered brokered
deposits.

(1) an insured depository institution, with respect to
funds placed with that depository institution;
(2) an employee of an insured depository institution,
with respect to funds placed with the employing
depository institution;
(3) a trust department of an insured depository institution, if the trust in question has not been established
for the primary purpose of placing funds with insured
depository institutions;
(4) the trustee of a pension or other employee benefit
plan, with respect to funds of the plan;
(5) a person acting as a plan administrator or an investment adviser in connection with a pension plan or
other employee benefit plan provided that that person
is performing managerial functions with respect to
the plan;
(6) the trustee of a testamentary account;
(7) the trustee of an irrevocable trust (other than a trustee
who establishes a deposit account to facilitate a
business arrangement with an insured depository
institution to use the proceeds of the account to fund
a prearranged loan), as long as the trust in question
has not been established for the primary purpose of
placing funds with insured depository institutions;
(8) a trustee or custodian of a pension or profit sharing
plan qualified under Section 401(d) or 430(a) of the
Internal Revenue Code of 1986; or
(9) an agent or nominee whose primary purpose is not
the placement of funds with depository institutions.
(For purposes of applying this ninth exclusion from
the definition of deposit broker, ‘‘primary purposes’’
does not mean ‘‘primary activity,’’ but should be
construed as ‘‘primary intent.’’)
Notwithstanding these nine exclusions, the term deposit
broker includes any insured depository institution, and
any employee of any insured depository institution,
which engages, directly or indirectly, in the solicitation of
deposits by offering rates of interest (with respect to such
GL-12

In some cases, brokered deposits are issued in the name
of the depositor whose funds have been placed in a
holding company or its subsidiary by a deposit broker. In
other cases, a holding company’s deposit account records
may indicate that the funds have been deposited in the
name of a third-party custodian for the benefit of others
(e.g., ‘‘XYZ Corporation as custodian for the benefit of
others,’’ or ‘‘Custodial account of XYZ Corporation’’).
Unless the custodian meets one of the specific exemptions from the ‘‘deposit broker’’ definition in Section 29
of the Federal Deposit Insurance Act and this Glossary
entry, these custodial accounts should be reported as
brokered deposits in Schedule HC-E, Deposit Liabilities.
A deposit listing service whose only function is to
provide information on the availability and terms of
accounts is not facilitating the placement of deposits and
therefore is not a deposit broker per se. However, if a
deposit broker uses a deposit listing service to identify an
institution offering a high rate on deposits and then places
its customers’ funds at that institution, the deposits would
be brokered deposits and the institution should report
them as such in Schedule HC-E. The designation of these
deposits as brokered deposits is based not on the broker’s
use of the listing service but on the placement of the
deposits in the institution by the deposit broker.
Broker’s Security Draft: A broker’s security draft is a
draft with securities or title to securities attached that is
drawn to obtain payment for the securities. This draft is
sent to a bank for collection with instructions to release
the securities only on payment of the draft.
Business Combinations: The accounting and reporting
standards for business combinations are set forth in ASC
Topic 805, Business Combinations (formerly FASB
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FR Y-9C
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Glossary

Statement No. 141 (revised 2007), “Business Combinations”). ASC Topic 805 requires that all business combinations, which are defined as the acquisition of assets and
assumption of liabilities that constitute a business, be
accounted for using the acquisition method of accounting. The formation of a joint venture, the acquisition of a
group of assets that do not constitute a business, and a
transfer of net assets or exchange of equity interests
between entities under common control are not considered business combinations and therefore are not
accounted for using the acquisition method of accounting.
Acquisition method − Under the acquisition method, the
acquirer in a business combination shall measure the
identifiable assets acquired, the liabilities assumed, and
any noncontrolling interest in the acquiree at their
acquisition-date fair values (with limited exceptions
specified in ASC Topic 805) using the definition of fair
value in ASC Topic 820, Fair Value Measurements and
Disclosures (formerly FASB Statement No. 157, Fair
Value Measurements). The acquisition date is generally
the date on which the acquirer legally transfers the
consideration, acquires the assets, and assumes the liabilities of the acquiree, i.e., the closing date. ASC Topic 805
requires the acquirer to measure acquired receivables,
including loans, at their acquisition-date fair values and
the acquirer may not recognize a separate valuation
allowance (e.g., allowance for loan and lease losses) for
the contractual cash flows that are deemed to be uncollectible at that date. The consideration transferred in a
business combination shall be calculated as the sum of
the acquisition-date fair values of the assets (including
any cash) transferred by the acquirer, the liabilities
incurred by the acquirer to former owners of the acquiree,
and the equity interests issued by the acquirer.
Acquisition-related costs are costs the acquirer incurs to
effect a business combination such as finder’s fees;
advisory, legal, accounting, valuation, and other professional or consulting fees; and general administrative
costs. The acquirer shall account for acquisition-related
costs as expenses in the periods in which the costs are
incurred and the services received. The cost to register
and issue debt or equity securities shall be recognized in
accordance with other applicable generally accepted
accounting principles.
ASC Topic 805 provides guidance for recognizing particular assets acquired and liabilities assumed. Acquired
assets may be tangible (such as securities or fixed assets)
FR Y-9C
Glossary March 2017

or intangible (as discussed in the following paragraph).
An acquiring entity must not recognize the goodwill, if
any, or the deferred income taxes recorded by an acquired
entity before its acquisition. However, a deferred tax
liability or asset must be recognized for differences
between the assigned values and the tax bases of the
recognized assets acquired and liabilities assumed in a
business combination in accordance with ASC Topic
740, Income Taxes (formerly FASB Statement No. 109,
Accounting for Income Taxes, and FASB Interpretation
No. 48, Accounting for Uncertainty in Income Taxes).
(For further information, see the Glossary entry for
‘‘income taxes.’’)
Under ASC Topic 805, an intangible asset must be
recognized as an asset separately from goodwill if it
arises from contractual or other legal rights (regardless of
transferability or separability). Otherwise, an intangible
asset must be recognized as an asset separately from
goodwill only if it is separable, that is, it is capable of
being separated or divided from the entity and sold,
transferred, licensed, rented, or exchanged either individually or together with a related contract, identifiable
asset, or liability. Examples of intangible assets that must
be recognized as an asset separately from goodwill are
core deposit intangibles, purchased credit card relationships, servicing assets, favorable leasehold rights, trademarks, trade names, internet domain names, and noncompetition agreements. However, a holding company that is
a private company, as defined in U.S. GAAP, may elect
the private company accounting alternative for the recognition of certain identifiable intangible assets acquired in
a business combination provided by ASC Subtopic 80520, Business Combinations – Identifiable Assets and
Liabilities, and Any Noncontrolling Interest, if it also has
adopted the private company goodwill accounting alternative provided by ASC Subtopic 350-20, Intangibles –
Goodwill and Other – Goodwill. Intangible assets that
are recognized separately from goodwill must be reported
in Schedule HC, item 10(b), “Other intangible assets,”
and in Schedule HC-M, item 12. Refer to the Glossary
entry for “goodwill” for further information on the
private company accounting alternative for identifiable
intangible assets. See also the Glossary entries for “private company” and “public business entity.”
In general, the excess of the sum of the consideration
transferred in a business combination plus the fair value
of any noncontrolling interest in the acquiree over the net
of the acquisition-date amounts of the identifiable assets
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Glossary

acquired and the liabilities assumed measured in accordance with ASC Topic 805 must be recognized as
goodwill, which is reported in Schedule HC, item 10(a).
An acquired intangible asset that does not meet the
criteria described in the preceding paragraph must be
included in the amount recognized as goodwill. After
initial recognition, goodwill must be accounted for in
accordance with ASC Topic 350, Intangibles-Goodwill
and Other (formerly FASB Statement No. 142, Goodwill
and Other Intangible Asset,) and the instructions for
Schedule HI, item 7.c.(1), ‘‘Goodwill impairment losses.’’
In contrast, if the total acquisition-date amount of the
identifiable net assets acquired exceeds the consideration
transferred plus the fair value of any noncontrolling
interest in the acquiree (i.e., a bargain purchase), the
acquirer shall reassess whether it has correctly identified
all of the assets acquired and all the liabilities assumed
and shall recognize any additional assets or liabilities that
are identified in that review. If that excess remains after
the review, the acquirer shall recognize that excess in
earnings as a gain attributable to the acquirer on the
acquisition date and report the amount in Schedule HI,
item 5(l), ‘‘Other noninterest income.’’
Under the acquisition method, the historical equity capital balances of the acquired business are not to be carried
forward to the balance sheet of the combined holding
company. The operating results of the acquired business
are to be included in the income and expenses of the
reporting holding company only from the acquisition
date.
Pooling-of-interests method – Under the pooling-ofinterests method, the assets, liabilities, and capital of the
holding company and the business being acquired are
added together on a line-by-line basis without any adjustments for fair value. The historical cost-based amount
(cost adjusted for amortization of premiums and discounts or depreciation) of each asset, liability, and capital
account of the acquiring holding company is added to the
corresponding account of the business being acquired to
arrive at the balance sheet for the combined holding
company. However, the capital stock outstanding of the
combined holding company must be equal to the number
of shares issued and outstanding (including the shares
issued in connection with the acquisition) multiplied by
par or stated value.
If the sum of the capital stock accounts of the entities
being combined does not equal this amount (and it rarely,
GL-14

if ever, will), adjustment is required. If the sum of the
capital stock accounts is less than the number of shares
outstanding of the combined holding company multiplied
by par or stated value, ‘‘Surplus,’’ Schedule HC, item 25,
must be debited for the amount of the difference and
‘‘Common stock,’’ Schedule HC, item 24, is credited. If
the surplus account is insufficient to absorb such an
adjustment, the remainder must be debited to ‘‘Retained
earnings,’’ Schedule HC, item 26(a). If the sum of the
capital stock accounts is more than the amount of the
outstanding stock of the combined bank, ‘‘Surplus’’ must
be credited and ‘‘Common stock’’ debited.
Any adjustments necessary to conform the accounting
methods of the acquired entity to those of the reporting
holding company must be made, net of related tax effects,
to ‘‘Retained earnings.’’
For the year in which a pooling of interests occurs,
income and expenses must be reported in Schedule HI,
Income Statement, as though the companies had combined at the beginning of the year. The portion of the
adjustment necessary to conform the accounting methods
applicable to the current period must also be allocated to
income and expenses for the period.
Transactions between entities under common control – A
transaction in which net assets or equity interests (e.g.,
voting shares) that constitute a business are transferred
between entities under common control is not accounted
for as a business combination. The method used to
account for such transactions is similar to the pooling-ofinterests method. In accordance with ASC Subtopic
805-50, when applying a method similar to the poolingof-interests method to a transfer of net assets or an
exchange of equity interests between entities under common control, the entity that receives the net assets or
equity interests shall initially measure the recognized
assets and liabilities transferred at their carrying amounts
in the accounts of the transferring entity at the date of
transfer. If the carrying amounts of the assets and liabilities transferred differ from the historical cost of the
parent of the entities under common control, for example,
because pushdown accounting had not been applied, then
the financial statements of the receiving entity shall
reflect the transferred assets and liabilities at the historical cost of the parent of the entities under common
control. Consequently, and without regard to the pushdown accounting election made by the acquiree, if a
parent transfers the acquiree to another entity under
Glossary

FR Y-9C
March 2017

Glossary

common control or merges the acquiree with another
entity under common control, the receiving entity accounts
for the acquiree using the parent’s historical cost for the
net assets or equity interests in the acquiree. The parent’s
historical cost includes the values of the acquiree’s assets
(including goodwill) and liabilities that were remeasured
at fair value on the acquisition date of the business
combination. If there has been a change in reporting
entity as defined by ASC Subtopic 250-10, Accounting
Changes and Error Corrections–Overall (formerly FASB
Statement No. 154, “Accounting Changes and Error
Corrections”), for the year in which a transaction between
entities under common control occurs, income and
expenses must be reported in Schedule HI, Income
Statement, as though the entities had combined at the
beginning of the year. The portion of the adjustment
necessary to conform the accounting methods applicable
to the current period must also be allocated to income and
expense for the period.
Call Option: See ‘‘Futures, forward, and standby
contracts.’’
Capital Contributions of Cash and Notes Receivable:
An institution may receive cash or a note receivable as a
contribution to its equity capital. The transaction may be
a sale of capital stock or a contribution to paid-in capital
(surplus), both of which are referred to hereafter as
capital contributions. The accounting for capital contributions in the form of notes receivable is set forth in ASC
Subtopic 505-10, Equity - Overall (formerly EITF Issue
No. 85-1, ‘‘Classifying Notes Received for Capital
Stock’’) and SEC Staff Accounting Bulletin No. 107
(Topic 4.E., Receivables from Sale of Stock, in the
Codification of Staff Accounting Bulletins). This Glossary entry does not address other forms of capital contributions, for example, nonmonetary contributions to
equity capital such as a building.
A capital contribution of cash should be recorded in an
institution’s financial statements when received. Therefore, a capital contribution of cash prior to a quarter-end
report date should be reported as an increase in equity
capital in the institution’s reports for that quarter (in
Schedule HI-A, item 5 or 11, as appropriate). A contribution of cash after quarter-end should not be reflected as
an increase in the equity capital of an earlier reporting
period.
When an institution receives a note receivable rather than
cash as a capital contribution, ASC Subtopic 505-10
FR Y-9C
Glossary March 2017

states that it is generally not appropriate to report the note
as an asset. As a consequence, the predominant practice
is to offset the note and the capital contribution in the
equity capital section of the balance sheet, i.e., the note
receivable is reported as a reduction of equity capital. In
this situation, the capital stock issued or the contribution
to paid-in capital should be reported in Schedule HC,
item 23, 24, or 25, as appropriate, and the note receivable
should be reported as a deduction from equity capital in
Schedule HC, item 26.c, ‘‘Other equity capital components.’’ No net increase in equity capital should be
reported in Schedule HI-A, Changes in Holding Company Equity Capital. In addition, when a note receivable
is offset in the equity capital section of the balance sheet,
accrued interest receivable on the note also should be
offset in equity (and reported as a deduction from equity
capital in Schedule HC, item 26.c), consistent with the
guidance in ASC Subtopic 505-10. Because a nonreciprocal transfer from an owner or another party to an
institution does not typically result in the recognition of
income or expense, the accrual of interest on a note
receivable that has been reported as a deduction from
equity capital should be reported as additional paid-in
capital rather than interest income.
However, ASC Subtopic 505-10 provides that an institution may record a note received as a capital contribution
as an asset, rather than a reduction of equity capital, only
if the note is collected in cash ‘‘before the financial
statements are issued.’’ The note receivable must also
satisfy the existence criteria described below. When
these conditions are met, the note receivable should be
reported separately from an institution’s other loans and
receivables in Schedule HC-F, item 6, ‘‘All other assets,’’
and individually itemized and described in accordance
with the instructions for item 6, if appropriate.
For purposes of this report, the financial statements are
considered issued at the earliest of the following dates:
(1) The submission deadline for the FR Y-9C report;
(2) Any other public financial statement filing deadline
to which the institution is subject; or
(3) The note must be executed and enforceable before
quarter-end.
To be reported as an asset, rather than a reduction of
equity capital, as of a quarter-end report date, a note
received as a capital contribution (that is collected in cash
as described above) must meet the definition of an asset
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Glossary

under generally accepted accounting principles by satisfying all of the following existence criteria:
(1) There must be written documentation providing evidence that the note was contributed to the institution
prior to the quarter-end report date by those with
authority to make such a capital contribution on
behalf of the issuer of the note (e.g., if the contribution is by the institution’s parent holding company,
those in authority would be the holding company’s
board of directors or its chief executive officer or
chief financial officer);
(2) The note must be a legally binding obligation of the
issuer to fund a fixed and determinable amount by a
specified date; and
(3) The note must be executed and enforceable before
quarter-end.
Although a holding company may have a general intent
to, or may have entered into a capital maintenance
agreement with the institution that calls for it to, maintain
the institution’s capital at a specified level, this general
intent or agreement alone would not constitute evidence
that a note receivable existed at quarter-end. Furthermore, if a note receivable for a capital contribution
obligates the note issuer to pay a variable amount, the
institution must offset the note and equity capital. Similarly, an obligor’s issuance of several notes having fixed
face amounts, taken together, would be considered a
single note receivable having a variable payment amount,
which would require all the notes to be offset in equity
capital as of the quarter-end report date.
Capitalization of Interest: Interest costs associated with
the construction of a building shall, if material, be
capitalized as part of the cost of the building. Such
interest costs include both the actual interest incurred
when the construction funds are borrowed and the interest costs imputed to internal financing of a construction
project.
The interest rate utilized to capitalized interest on internally financed projects in the reporting period shall be the
rate(s) applicable to the holding company’s borrowings
outstanding during the period. For this purpose, a holding
company’s borrowings include interest-bearing deposits
and other interest-bearing liabilities. The interest capitalized shall not exceed the total amount of interest cost
incurred by the holding company during the reporting
period.
GL-16

For further information, see ASC Subtopic 835-20, Interest – Capitalization of Interest (formerly FASB Statement
No. 34, Capitalization of Interest Costs, as amended).
Carrybacks and Carryforwards: See ‘‘Income taxes.’’
Certificate of Deposit: See ‘‘Deposits.’’
Changes in Accounting Estimates: See ‘‘Accounting
changes.’’
Changes in Accounting Principles: See ‘‘Accounting
changes.’’
Commercial Banks in the U.S.: See ‘‘Banks, U.S. and
foreign.’’
Commercial Letter of Credit: See ‘‘Letter of credit.’’
Commercial Paper: Commercial paper consists of shortterm negotiable promissory notes. Commercial paper
matures in 270 days or less. Commercial paper may be
backed by a standby letter of credit from a bank, as in the
case of documented discounted notes. Holdings of commercial paper are to be reported as ‘‘securities’’ in
Schedule HC-B, unless held for trading and therefore
reportable in Schedule HC, item 5, ‘‘Trading assets.’’
Commodity or Bill-of-Lading Draft: A commodity or
bill-of-lading draft is a draft that is issued in connection
with the shipment of goods. If the commodity or bill-oflading draft becomes payable only when the shipment of
goods against which it is payable arrives, it is an arrival
draft. Arrival drafts are usually forwarded by the shipper
to the collecting depository institution with instructions
to release the shipping documents (e.g., bill of lading)
conveying title to the goods only upon payment of the
draft. Payment, however, cannot be demanded until the
goods have arrived at the drawee’s destination. Arrival
drafts provide a means of insuring payment of shipped
goods at the time that the goods are released.
Common Stock of Unconsolidated Subsidiaries,
Investments in: See the instructions to Consolidated
Financial Statements for Holding Companies, Schedule
HC, item 8, ‘‘Investments in unconsolidated subsidiaries
and associated companies.’’
Continuing Contract: See ‘‘Federal funds transactions.’’
Contractholder: A contractholder is the person, entity
or group to whom an annuity is issued.
Corporate Joint Venture: See ‘‘Subsidiaries.’’
Glossary

FR Y-9C
June 2015

Glossary

Corrections of Accounting Errors: See ‘‘Accounting
changes.’’
Coupon Stripping, Treasury Receipts, and STRIPS:
Coupon stripping occurs when a security holder physically detaches unmatured coupons from the principal
portion of a security and sells either the detached coupons or the ex-coupon security separately. (Such transactions are generally considered by the Federal Reserve
to represent ‘‘improper investment practices’’ for holding
companies.) In accounting for such transactions, the
carrying amount of the security must be allocated between
the ex-coupon security and the detached coupons based
on their relative fair values at the date of the sale in
accordance with ASC Topic 860. Transfers and Servicing
(formerly FASB Statement No. 140, Accounting for
Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, as amended). (See the Glossary
entry for ‘‘transfers of financial assets.’’)
Detached U.S. government security coupons and
ex-coupon U.S. government securities that are held for
purposes other than trading, whether resulting from the
coupon stripping activities of the reporting holding company or from its purchase of stripped securities, shall be
reported as ‘‘Other domestic debt securities’’ in Schedule
HC-B. The amount of any discount or premium relating
to the detached coupons or ex-coupon securities must be
amortized. (See the Glossary entry for ‘‘premiums and
discounts.’’)
A variation of coupon stripping has been developed
by several securities firms which have marketed instruments with such names as CATS (Certificates of Accrual
on Treasury Securities), TIGR (Treasury Investment
Growth Receipts), COUGAR (Certificates on Government Receipts), LION (Lehman Investment Opportunity
Notes), and ETR (East Treasury Receipts). A securities
dealer purchases U.S. Treasury securities, delivers them
to a trustee, and sells receipts representing the rights to
future interest and/or principal payments on the U.S.
Treasury securities held by the trustee. Such Treasury
receipts are not an obligation of the U.S. government and,
when held for purposes other than trading shall be reported
as other (domestic) securities in Schedule HC-B, item
6(a). The discount on these Treasury receipts must be
accreted.
Under a program called Separate Trading of Registered
Interest and Principal of Securities (STRIPS), the U.S.
Treasury has issued certain long-term note and bond
FR Y-9C
Glossary June 2015

issues that are maintained in the book-entry system
operated by the Federal Reserve Banks in a manner that
permits separate trading and ownership of the interest
and principal payments on these issues. Even after the
interest or principal portions of U.S. Treasury STRIPS
have been separately traded, they remain obligations of
the U.S. government. STRIPS held for purposes other
than trading shall be reported as U.S. Treasury securities
in Schedule HC-B, item 1. The discount on separately
traded portions of STRIPS must be accreted.
Detached coupons, ex-coupon securities, Treasury
receipts, and U.S. Treasury STRIPS held for trading
purposes shall be reported in Schedule HC, item 5, at fair
value.
Custody Account: A custody account is one in which
securities or other assets are held by a holding company
or subsidiary of the holding company on behalf of a
customer under a safekeeping arrangement. Assets held
in such capacity are not to be reported in the balance
sheet of the reporting bank nor are such accounts to be
reflected as a liability. Assets of the reporting holding
company held in custody accounts at banks that are
outside the holding company are to be reported on the
reporting holding company’s balance sheet in the appropriate asset categories as if held in the physical custody
of the reporting holding company.
Dealer Reserve Account: A dealer reserve account
arises when the holding company purchases at full face
value a dealer’s installment note receivables, but credits
less than the full face value directly to the dealer’s
account. The remaining amount is credited to a separate
dealer reserve account. That account is held by the
holding company as collateral for the installment notes
and, for reporting purposes, is treated as a deposit in
the appropriate items of Schedule HC-E. The bank will
subsequently disburse to the dealer predetermined portions of the reserve as the purchased notes are paid in a
timely manner.
For example, if a bank purchases $100,000 in notes from
a dealer for the full face amount ($100,000) and pays to
the dealer $90,000 in cash or in credits to his/her deposit
account, the remaining $10,000, which is held as collateral security, would be credited to the dealer reserve
account.
See also “Deposits.”
Debt Issuance Costs: Debt issuance costs include the
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Glossary

underwriting, legal, accounting, printing, and other direct
costs incurred in connection with the issuance of debt.
ASC Subtopic 835-30, Interest—Imputation of Interest,
requires debt issuance costs associated with a recognized
debt liability (not measured at fair value under a fair
value option) to be presented as a direct deduction from
the face amount of the related debt liability, similar to
debt discounts.3 Debt issuance costs, like debt discounts,
in effect reduce the proceeds of the borrowing, thereby
increasing the effective interest rate on the debt.
For purposes of these reports, institutions should report
debt issuance costs as a direct deduction from the appropriate balance sheet liability category in Schedule HC,
e.g., item 16, “Other borrowed money,” or item 19,
“Subordinated notes and debentures.” However, debt
issuance costs associated with a recognized liability
reported at fair value under a fair value option should be
expensed as incurred.
Debt issuance costs should be amortized using the effective interest method. The amortization of debt issuance
costs should be reported as interest expense in the income
statement category appropriate to the related liability in
Schedule HI, e.g., item 2.c, “Interest on trading liabilities
and other borrowed money,” or item 2.d, “Interest on
subordinated notes and debentures.”
The guidance in ASC Subtopic 835-30 does not address
the presentation or subsequent measurement of debt
issuance costs related to line-of-credit arrangements. The
Federal Reserve would not object to an holding company
deferring and presenting debt issuance costs related to a
line-of-credit arrangement as an “Other asset” and subsequently amortizing the deferred debt issuance costs ratably over the term of the arrangement, regardless of
whether there are any outstanding borrowings on the
line-of-credit arrangement.

3. Refer to Accounting Standards Update (ASU) No. 2015- 03, “Simplifying the Presentation of Debt Issuance Costs,” for transition guidance.
For holding companies with a calendar year fiscal year, the ASU must
be applied by public business entities in their March 2016 FR Y-9C
Reports and by private companies in their December 2016 FR Y-9C
reports. Early adoption of the ASU is permitted. Until a holding
company has adopted the ASU in accordance with its applicable effective date, debt issuance costs, net of accumulated amortization, should
be reported on the balance sheet as an asset (i.e., a deferred charge), in
Schedule HC-F, item 6, “All other assets.” The ASU is limited to the
presentation of debt issuance costs; therefore, the recognition and
measurement guidance for such costs is unaffected.

GL-18

Deferred Compensation Agreements: Institutions often
enter into deferred compensation agreements with selected
employees as part of executive compensation and retention programs. These agreements are generally structured
as nonqualified retirement plans for federal income tax
purposes and are based upon individual agreements with
selected employees. Institutions purchase life insurance
in connection with many of these agreements. Bankowned life insurance may produce attractive taxequivalent yields that offset some or all of the costs of the
agreements.
Deferred compensation agreements with select employees under individual contracts generally do not constitute
postretirement income plans (i.e., pension plans) or postretirement health and welfare benefit plans. The accounting for individual contracts that, when taken together, do
not represent a postretirement plan should follow ASC
Subtopic 710-10, Compensation-General – Overall (formerly Accounting Principles Board Opinion No. 12,
Omnibus Opinion 1967, as amended by FASB Statement
No. 106, Employers’ Accounting for Postretirement
Benefits Other Than Pensions). If the individual contracts, taken together, are equivalent to a plan, the plan
should be accounted for under ASC Topic 715,
Compensation-Retirement Benefits (formerly FASB
Statement No. 87, Employers’ Accounting for Pensions,
or Statement No. 106).
ASC Subtopic 710-10 requires that an employer’s obligation under a deferred compensation agreement be accrued
according to the terms of the individual contract over the
required service period to the date the employee is fully
eligible to receive the benefits, i.e., the ‘‘full eligibility
date.’’ Depending on the individual contract, the full
eligibility date may be the employee’s expected retirement date, the date the employee entered into the contract, or a date between these two dates. ASC Subtopic
710-10 does not prescribe a specific accrual method for
the benefits under deferred compensation contracts, stating only that the ‘‘cost of those benefits shall be accrued
over that period of the employee’s service in a systematic
and rational manner.’’ The amounts to be accrued each
period should result in a deferred compensation liability
at the full eligibility date that equals the then present
value of the estimated benefit payments to be made under
the individual contract.
ASC Subtopic 710-10 does not specify how to select the
discount rate to measure the present value of the estimated
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benefit payments. Therefore, other relevant accounting
literature must be considered in determining an appropriate discount rate. For purposes of these reports, an institution’s incremental borrowing rate4 and the current rate
of return on high-quality fixed-income debt securities5 are
acceptable discount rates to measure deferred compensation agreement obligations. An institution must select and
consistently apply a discount rate policy that conforms
with generally accepted accounting principles.
For each deferred compensation agreement to be accounted for in accordance with ASC Subtopic 710-10, an
institution should calculate the present value of the
expected future benefit payments under the agreement at
the employee’s full eligibility date. The expected future
benefit payments can be reasonably estimated and should
be based on reasonable and supportable assumptions. The
estimated amount of these benefit payments should be
discounted because the benefits will be paid in periodic
installments after the employee retires.
For deferred compensation agreements commonly
referred to as revenue neutral or indexed retirement
plans,6 the expected future benefits should include both
4. ASC Subtopic 835-30, Interest – Imputation of Interest (formerly APB
Opinion No. 21, Interest on Receivables and Payables, paragraph 13),
states in part that the rate used for valuation purposes will normally be
at least equal to the rate at which the debtor can obtain financing of a
similar nature from other sources at the date of the transaction.
5. Paragraph 186 in the Basis for Conclusions of former FASB Statement
No. 106, states that ‘‘[t]he objective of selecting assumed discount
rates is to measure the single amount that, if invested at the measurement date in a portfolio of high-quality debt instruments, would provide the necessary future cash flows to pay the accumulated benefits
when due.’’
6. Revenue neutral and indexed retirement plans are deferred compensation agreements that are typically designed so that the spread each year,
if any, between the tax-equivalent earnings on bank-owned life insurance covering an individual employee and a hypothetical earnings
calculation is deferred and paid to the employee as a postretirement
benefit. This spread is commonly referred to as ‘‘excess earnings.’’ The
hypothetical earnings are computed based on a pre-defined variable
index rate (e.g., cost of funds or federal funds rate) times a notional
amount. The agreement for this type of plan typically requires the
excess earnings that accrue before an employee’s retirement to be
recorded in a separate liability account. Once the employee retires, the
balance in the liability account is generally paid to the employee in
equal annual installments over a set number of years (e.g., 10 or 15
years). These payments are commonly referred to as the ‘‘primary
benefit’’ or ‘‘preretirement benefit.’’ The employee may also receive
the excess earnings that are earned after retirement. This benefit may
continue until his or her death and is commonly referred to as the
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Glossary June 2015

the ‘‘primary benefit’’ and, if the employee is entitled to
‘‘excess earnings’’ that are earned after retirement, the
‘‘secondary benefit.’’ The number of periods the primary
and any secondary benefit payments should be discounted may differ because the discount period for each
type of benefit payment should be based upon the length
of time during which each type of benefit will be paid as
specified in the deferred compensation agreement.
After the present value of the expected future benefit
payments has been determined, an institution should
accrue an amount of compensation expense and a liability each year from the date the employee enters into the
deferred compensation agreement until the full eligibility
date. The amount of these annual accruals should be
sufficient to ensure that a deferred compensation liability
equal to the present value of the expected benefit payments is recorded by the full eligibility date. Any method
of deferred compensation accounting that does not recognize some expense in each year from the date the
employee enters into the agreement until the full eligibility date is not systematic and rational. (For indexed
retirement plans, some expense should be recognized for
the primary benefit and any secondary benefit in each of
these years.)
Vesting provisions should be reviewed to ensure that the
full eligibility date is properly determined because this
date is critical to the measurement of the liability estimate. Because ASC Subtopic 710-10 requires that the
present value of the expected benefit payments be
recorded by the full eligibility date, institutions also need
to consider changes in market interest rates to appropriately measure deferred compensation liabilities. Therefore, institutions should periodically review their estimates of the expected future benefits under deferred
compensation agreements and the discount rates used to
compute the present value of the expected benefit payments and revise the estimates and rates, when appropriate.
Deferred compensation agreements may include noncompete provisions or provisions requiring employees to
perform consulting services during postretirement years.
If the value of the noncompete provisions cannot be
reasonably and reliably estimated, no value should be
assigned to the noncompete provisions in recognizing the
‘‘secondary benefit’’ or ‘‘postretirement benefit.’’ The secondary benefit is paid annually, once the employee has retired, in addition to the
primary benefit.

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deferred compensation liability. Institutions should allocate a portion of the future benefit payments to consulting
services to be performed in postretirement years only if
the consulting services are determined to be substantive.
Factors to consider in determining whether postretirement consulting services are substantive include, but are
not limited to, whether the services are required to be
performed, whether there is an economic benefit to the
institution, and whether the employee forfeits the benefits
under the agreement for failure to perform such services.
Deferred compensation liabilities should be reported on
the balance sheet in Schedule HC, item 20, ‘‘Other
liabilities,’’ and in Schedule HC-G, item 4, ‘‘Other’’
liabilities. The annual compensation expense (service
component and interest component) related to deferred
compensation agreements should be reported in the
income statement in Schedule HI, item 7(a), ‘‘Salaries
and employee benefits.’’
See also ‘‘Bank-owned life insurance.’’
Deferred Income Taxes: See ‘‘Income taxes.’’
Defined Benefit Postretirement Plans: The accounting
and reporting standards for defined benefit postretirement
plans, such as pension plans and health care plans, are set
forth in ASC Topic 715, Compensation-Retirement Benefits (formerly FASB Statement No. 87, “Employers’
Accounting for Pensions”; FASB Statement No. 106,
“Employers’ Accounting for Postretirement Benefits
Other Than Pensions”; and FASB Statement No. 158,
“Employers’ Accounting for Defined Benefit Pension
and Other Postretirement Plans”). ASC Topic 715 requires
an institution that sponsors a single-employer defined
benefit postretirement plan to recognize the funded status
of each such plan on its balance sheet. The funded status
of a benefit plan is measured as of the end of an
institution’s fiscal year as the difference between plan
assets at fair value (with limited exceptions) and the
benefit obligation. An overfunded plan is recognized as
an asset, which should be reported in Schedule HC-F,
item 6, “All other assets,” while an underfunded plan is
recognized as a liability, which should be reported in
Schedule HC-G, item 4, “All other liabilities.”
An institution should measure the net period benefit cost
of a defined benefit plan for a reporting period in
accordance with ASC Subtopic 715-30 (formerly FASB
Statement No. 87) for pension plans and ASC Subtopic
715-60 (formerly FASB Statement No. 106) for other
postretirement benefit plans. This cost should be reported
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in Schedule HI, item 7.a, ‘‘Salaries and employee benefits.’’ However, an institution must recognize certain
gains and losses and prior service costs or credits that
arise on a defined benefit plan during each reporting
period, net of tax, as a component of other comprehensive income (Schedule HI-A, item 10) and, hence, accumulated other comprehensive income (AOCI) (Schedule
HC, item 26.b). Postretirement plan amounts carried in
AOCI are adjusted as they are subsequently recognized in
earnings as components of a plan’s net periodic benefit
cost. For further information on accounting for defined
benefit postretirement plans, institutions should refer to
ASC Topic 715.
An institution that has made the AOCI opt-out election in
Schedule HC-R, Part I, item 3.a, should reverse the
effects on AOCI of ASC Subtopic 715-20 (formerly
FASB Statement No. 158) for purposes of reporting and
measuring the numerators and denominators for the
leverage and risk-based capital ratios. The intent of the
reversal is to neutralize for regulatory capital purposes
the effects on AOCI of the application of ASC Subtopic
715-20. The instructions for Schedule HC-R, Part I, items
9(d) and 26, and Schedule HC-R, Part II, item 8, provide
guidance on how to report adjustments to Tier 1 capital
and risk-weighted and total assets to reverse the effects of
applying ASC Subtopic 715-20 for regulatory capital
purposes.
Demand Deposits: See “Deposits.”
Depository Institutions: Depository institutions consist
of depository institutions in the U.S. and banks in foreign
countries.
Depository institutions in the U.S. consist of:
(1) U.S. branches and agencies of foreign banks;
(2) U.S.-domiciled head offices and branches of U.S.
banks, i.e.,
(a) national banks,
(b) state-chartered commercial banks,
(c) trust companies that perform a commercial banking business,
(d) industrial banks,
(e) private or unincorporated banks,
(f) Edge and Agreement corporations, and
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(g) International Banking Facilities of U.S. depository institutions; and
(3) U.S.-domiciled head offices and branches of other
depository institutions in the U.S., i.e.,
(a) mutual or stock savings banks,
(b) savings or building and loan associations,
(c) cooperative banks,
(d) credit unions,
(e) homestead associations, and
(f) International Banking Facilities (IBFs) of other
depository institutions in the U.S.; and
(g) other similar depository institutions in the U.S.
Banks in foreign countries consist of foreign branches of
foreign banks and foreign offices of U.S. banks.
See the Glossary entry for ‘‘Banks, U.S. and foreign,’’ for
a definition of foreign banks.
Deposits: The basic statutory and regulatory definitions
of ‘‘deposits’’ are contained in Section 3(1) of the Federal
Deposit Insurance Act and in the Federal Reserve Regulation D. The definitions in these two legal sources differ
in certain respects. Furthermore, for purposes of these
reports, the reporting standards for deposits specified in
these instructions do not strictly follow the precise legal
definitions in these two sources. In addition, deposits for
purposes of this report, include deposits of thrift institutions. The definitions of deposits to be reported in the
deposit items of the Consolidated Financial Statements
of Holding Companies are discussed below under the
following headings:
(I) FDI Act definition of deposits.
(II) Transaction–nontransaction deposit
distinction.
(III) Interest noninterest-bearing deposit
distinction.
(I) FDI Act definition of deposits:
(1) the unpaid balance of money or its equivalent received
or held by a bank in the usual course of business and
for which it has given or is obligated to give credit,
either conditionally or unconditionally, to a commercial, checking, savings, time, or thrift account, or
which is evidenced by its certificate of indebtedness,
or other similar name, or a check or draft drawn
FR Y-9C
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against a deposit account and certified by the bank, or
a letter of credit or a traveler’s check on which the
bank is primarily liable: Provided that, without limiting the generality of the term ‘‘money or its equivalent,’’ any such account or instrument must be
regarded as evidencing the receipt of the equivalent
of money when credited or issued in exchange for
checks or drafts or for a promissory note upon which
the person obtaining any such credit or instrument is
primarily or secondarily liable, or for a charge against
a deposit account, or in settlement of checks, drafts,
or other instruments forwarded to such bank for
collection.
(2) trust funds as defined in this Act received or held by
such bank, whether held in the trust department or
held or deposited in any other department of such
bank.
(3) money received or held by a bank, or the credit given
for money or its equivalent received or held by a
bank, in the usual course of business for a special or
specific purpose, regardless of the legal relationship
thereby established, including without being limited
to, escrow funds, funds held as security for an
obligation due to the bank or others (including funds
held as dealers reserves) or for securities loaned by
the bank, funds deposited by a debtor to meet
maturing obligations, funds deposited as advance
payment on subscriptions to United States government securities, funds held for distribution or purchase of securities, funds held to meet its acceptances
or letters of credit, and withheld taxes: Provided that
there shall not be included funds which are received
by the bank for immediate application to the reduction of an indebtedness to the receiving bank, or
under condition that the receipt thereof immediately
reduces or extinguishes such an indebtedness.
(4) outstanding draft (including advice or authorization
to charge bank’s balance in another bank), cashier’s
check, money order, or other officer’s check issued in
the usual course of business for any purpose, including without being limited to those issued in payment
for services, dividends, or purchases, and
(5) such other obligations of a bank as the Board of
Directors of the Federal Deposit Insurance Corporation, after consultation with the Comptroller of the
Currency and the Board of Governors of the Federal
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Glossary

Reserve System, shall find and prescribe by regulation to be deposit liabilities by general usage.
(II) Transaction–nontransaction deposit distinction:
The Monetary Control Act of 1980 and the current
Federal Reserve Regulation D, ‘‘Reserve Requirements
of Depository institutions,’’ establish, for purposes of
federal reserve requirements on deposit liabilities, a
category of deposits designated as ‘‘transaction accounts’’
All deposits that are not transaction accounts are ‘‘nontransaction accounts.’’
(1) Transaction accounts—With the exceptions noted
below, a ‘‘transaction account,’’ as defined in Regulation D and in these instructions, is a deposit or
account from which the depositor or account holder
is permitted to make transfers or withdrawals by
negotiable or transferable instruments, payment orders
of withdrawal, telephone transfers, or other similar
devices for the purpose of making payments or
transfers to third persons or others or from which the
depositor may make more than six third party payments at an automated teller machine (ATM), a
remote service unit (RSU), or another electronic
device, including by debit card.
Excluded from transaction accounts are savings
deposits (including money market deposit accounts—
MMDAs) as defined below in the nontransaction
account category. However, an account that otherwise meets the definition of savings deposits but that
authorizes or permits the depositor to exceed the
transfer limitations specified for those respective
accounts shall be reported as a transaction account.
(Please refer to the definitions of savings deposits for
further detail.)
Transaction accounts consist of the following types
of deposits: (a) demand deposits; (b) NOW accounts
(including accounts previously designated as ‘‘Super
NOWs’’); (c) ATS accounts; and (d) telephone and
preauthorized transfer accounts. Interest that is paid
by the crediting of transaction accounts is also
included in transaction accounts.
(a) Demand deposits are deposits that are payable
immediately on demand, or have an original
maturity or required notice period of less than
seven days, or that represent funds for which the
depository institution does not reserve the right to
require at least seven days’ written notice of an
GL-22

intended withdrawal. Demand deposits include
any matured time deposits without automatic
renewal provisions, unless the deposit agreement
provides for the funds to be transferred at maturity to another type of account. Effective July 21,
2011, demand deposits may be interest-bearing
or noninterest-bearing. Demand deposits do not
include: (i) money market deposit accounts
(MMDAs) or (ii) NOW accounts, as defined
below in this entry.
(b) NOW accounts are interest-bearing deposits (i) on
which the depository institution has reserved the
right to require at least seven days’ written notice
prior to withdrawal or transfer of any funds in the
account and (ii) that can be withdrawn or transferred to third parties by issuance of a negotiable
or transferable instrument.
NOW accounts, as authorized by federal law, are
limited to accounts held by:
(i) Individuals or sole proprietorships;
(ii) Organizations that are operated primarily for
religious, philanthropic, charitable, educational, or other similar purposes and that are
not operated for profit. These include organizations, partnerships, corporations, or associations that are not organized for profit and
are described in section 501(c)(3) through
(13) and (19) and section 528 of the Internal
Revenue Code, such as church organizations; professional associations; trade associations; labor unions; fraternities, sororities
and similar social organizations; and nonprofit recreational clubs; or
(iii) Governmental units including the federal
government; state governments; county and
municipal governments and their political
subdivisions; the District of Columbia; the
Commonwealth of Puerto Rico, American
Samoa, Guam, and any territory or possession of the United States and their political
subdivisions.
NOTE: There are no regulatory requirements
with respect to minimum balances to be maintained in a NOW account or to the amount of
interest that may be paid on a NOW account.
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(c) ATS accounts are deposits or accounts of individuals on which the depository institution has
reserved the right to require at least seven days’
written notice prior to withdrawal or transfer of
any funds in the account and from which, pursuant to written agreement arranged in advance
between the reporting institution and the depositor, withdrawals may be made automatically
through payment to the depository institution
itself or through transfer of credit to a demand
deposit or other account in order to cover checks
or drafts drawn upon the institution or to maintain a specified balance in, or to make periodic
transfers to, such other accounts.
(d) Telephone or preauthorized transfer accounts
consist of deposits or accounts (1) in which the
entire beneficial interest is held by a party eligible to hold a NOW account, (2) on which the
reporting institution has reserved the right to
require at least seven days’ written notice prior to
withdrawal or transfer of any funds in the account,
and (3) under the terms of which, or by practice
of the reporting institution, the depositor is permitted or authorized to make more than six
withdrawals per month or statement cycle (or
similar period) of at least four weeks for purposes
of transferring funds to another account of the
depositor at the same institution (including a
transaction account) or for making payment to
institution (including a transaction account) or
for making payment to a third party by means of
preauthorized transfer, or telephonic (including
data transmission) agreement, order or instruction. An account that permits or authorizes more
than six such withdrawals in a ‘‘month’’ (a
calendar month or any period approximating a
month that is at least four weeks long, such as a
statement cycle) is a transaction account whether
or not more than six such withdrawals actually
are made in the ‘‘month.’’
A ‘‘preauthorized transfer’’ includes any
arrangement by the reporting institution to pay
a third party from the account of a depositor
(1) upon written or oral instruction (including an
order received through an automated clearing
house (ACH), or (2) at a predetermined time or
on a fixed schedule.
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Telephone and preauthorized transfer accounts
also include (1) the balances of deposits or
accounts that otherwise meet the definition of
savings deposits (other than MMDAs) or time
deposits, but from which payments may be made
to third parties by means of a debit card, an
automated teller machine, remote service unit or
other electronic device, regardless of the number
of payments made; and (2) deposits or accounts
maintained in connection with an arrangement
that permits the depositor to obtain credit directly
or indirectly through the drawing of a negotiable
or nonnegotiable check, draft, order or instruction or other similar device (including telephone
or electronic order or instruction) on the issuing
institution that can be used for purposes of
making payments or transfers to third persons
or others, or to another deposit account of the
depositor.
Telephone or preauthorized transfer accounts do
not include:
(i) Accounts that otherwise meet the definition
of telephone or preauthorized transfer
accounts as defined above but that are held
by a depositor that is not eligible to hold
a NOW account. Such accounts shall be
reported as demand deposits.
(ii) Accounts, regardless of holder, that permit
no more than six telephone or preauthorized
transfers per month to another account of the
depositor at the same institution or to a third
party. (iii)
(iii) All demand deposits, ATS accounts, NOW
accounts, and savings deposits (including
MMDAs), even if telephone or preauthorized transfers are permitted from such
accounts.
(iv) Deposits or accounts (other than savings
deposits) held by individuals from which
more than six transfers per month can
be made to a checking or NOW account
to cover overdrafts. Such accounts are
regarded as ATS accounts, not as telephone
or preauthorized transfer accounts.
(2) Nontransaction accounts—All deposits that are not
transaction accounts (as defined above) are non transaction accounts. Nontransaction accounts include:
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Glossary

(a) savings deposits (including MMDAs and other
savings deposits) and (b) time deposits (time certificates of deposit and time deposits, open account).
(a) Savings deposits are deposits that are not payable
on a specified date or after a specified period of
time from the date of deposit, but for which the
reporting institution expressly reserves the right
to require at least seven days’ written notice
before an intended withdrawal.
Under the terms of the deposit contract or by practice of the depository institution, the depositor is
permitted or authorized to make no more than six
transfers per calendar month or statement cycle
(or similar period) of at least four weeks to
another account (including a transaction account)
of the depositor at the same institution or to a
third party by means of a preauthorized or automatic transfer or telephonic (including data transmission) agreement, order or instruction, or by
check, draft, debit card or similar order made by
the depositor and payable to third parties.
There are no regulatory restrictions on the following types of transfers or withdrawals from a
saving account regardless of the number:
(1) Transfers for the purpose of repaying loans
and associated expenses at the same depository institution (as originator or servicer).
(2) Transfers of funds from this account to
another account of the same depositor at the
same institution when by mail, messenger,
automated teller machine, or in person.
(3) Withdrawals for payment directly to the
depositor when made by mail, messenger,
automated teller machine, in person, or
by telephone (via check mailed to the
depositor).
Further, savings deposit have no minimum balance is required by regulation, there is no regulatory limitation on the amount of interest that may
be paid, and no minimum maturity is required
(although depository institutions must reserve the
right to require at least seven days’ written notice
prior to withdrawal as stipulated above for a
savings deposit).
GL-24

Any depository institution may place restrictions
and requirements on savings deposits in addition
to those stipulated above for each respective
account and in Federal Reserve Regulation D.
On the other hand, an account that otherwise
meets the definition of savings deposit but that
authorizes or permits the depositor to exceed the
third-party transfer rule shall be reported as a
transaction account, as follows:
(1) If the depositor is ineligible to hold a NOW
account, such an account is considered a
demand deposit.
(2) If the depositor is eligible to hold a NOW
account, the account will be considered either
a NOW account, a telephone or pre authorized transfer account, an ATS account, or a
demand deposit, depending first on whether
transfers or withdrawals by check, draft, or
similar instrument are permitted or authorized and, if not, on the types of transfers
allowed and on the type of depositor:
(a) If withdrawals or transfers by check,
draft, or similar instrument are permitted
or authorized, the account is considered a
NOW account.
(b) If withdrawals or transfers by check,
draft, or similar instrument are not permitted or authorized, the nature of the
account is determined first by the type of
transfers authorized or permitted and second by the type of depositor:
(i) If only telephone or preauthorized
transfers are permitted or authorized,
the account is considered a telephone
or preauthorized transfer account.
(ii) If other types of transfers are authorized or permitted (e.g., automatic
transfers), the account type is determined by the type of depositor:
(a) If the depositor is eligible to hold
an ATS account, the account is
considered an ATS account.
(b) If the depositor is ineligible to
hold an ATS account, the account
is considered a demand deposit.
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(b) Time deposits are payable on a specified date not
less than seven days after the date of deposit or
payable at the expiration of a specified time not
less than seven days after the date of deposit, or
payable only upon written notice that is actually
required to be given by the depositor not less than
seven days prior to withdrawal. Also, the depositor does not have a right, and is not permitted, to
make withdrawals from time deposits within six
days after the date of deposit unless the deposit is
subject to an early withdrawal penalty of at least
seven days’ simple interest on amounts withdrawn
within the first six days after deposit.7 A time
deposit from which partial early withdrawals are
permitted must impose additional early withdrawal penalties of at least seven days’ simple
interest on amounts withdrawn within six days
after each partial withdrawal. If such additional
early withdrawal penalties are not imposed, the
account ceases to be a time deposit. The account
may become a savings deposit if it meets the
requirements for a savings deposit; other wise it
becomes a demand deposit.
NOTE: The above prescribed penalties are the
minimum required by Federal Reserve Regulation D. Institutions may choose to require penalties for early withdrawal in excess of the
regulatory minimums.
Time deposits take two forms:
(i) Time certificates of deposit (including rollover certificates of deposit) are deposits
evidenced by a negotiable or nonnegotiable instrument, or a deposit in book
entry form evidenced by a receipt or similar acknowledgement issued by the bank,
that provides, on its face, that the amount
of such deposit is payable to the bearer, to
any specified person, or to the order of a
specified person as follows:
(a) on a certain date not less than seven
days after the date of deposit,

7. Accounts existing on March 31, 1986, may satisfy the early withdrawal
penalties specified by Federal Reserve Regulation D by meeting the
Depository Institutions Deregulation Committee’s early withdrawal
penalties in existence on March 31, 1986.
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(b) at the expiration of a specified period
not less than seven days after the date
of the deposit, or
(c) upon written notice to the bank which
is to be given not less than seven days
before the date of withdrawal.
(ii) Time deposits, open account are deposits
(other than time certificates of deposit) for
which there is in force a written contract
with the depositor that neither the whole
nor any part of such deposit may be withdrawn prior to:
(a) the date of maturity which shall be not
less than seven days after the date of
the deposit, or
(b) the expiration of a specified period of
written notice of not less than seven
days. These deposits include ‘‘club
accounts.’’ For purposes of the Consolidated Financial Statements of
Holding Companies, ‘‘club accounts’’
consist of accounts, such as Christmas
club and vacation club accounts, made
under written contracts that provide
that no withdrawal shall be made until
a certain number of periodic deposits
have been made during a period of not
less than three months, even though
some of the deposits are made within
six days of the end of such period.
Time deposits do not include the following
categories of liabilities even if they have an
original maturity of seven days or more:
(1) Any deposit or account that otherwise
meets the definition of a time deposit but
that allows withdrawals within the first
six days after deposit and that does not
require an early withdrawal penalty of at
least seven days’ simple interest on
amounts withdrawn within those first six
days. Such deposits or accounts that meet
the definition of a savings deposit shall
be reported as savings deposits; otherwise they shall be reported as demand
deposits.
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Glossary

(2) The remaining balance of a time deposit
if a partial early withdrawal is made and
the remaining balance is not subject to
additional early withdrawal penalties of
at least seven days’ simple interest on
amounts withdrawn within six days after
each partial withdrawal. Such time deposits that meet the definition of a savings
deposit shall be reported as savings
deposits; otherwise they shall be reported
as demand deposits.
Reporting of Retail Sweep Arrangements Affecting Transaction and Nontransaction Accounts — In an effort to
reduce their reserve requirements, some holding company bank subsidiaries have established “retail sweep
arrangements” or “retail sweep programs.” In a retail
sweep arrangement, a depository institution transfers
funds between a customer’s transaction account(s) and
that customer’s nontransaction account(s) (usually savings deposit account(s)) by means of preauthorized or
automatic transfers, typically in order to reduce transaction account reserve requirements while providing the
customer with unlimited access to the funds.
There are three key criteria for retail sweep programs to
comply with Federal Reserve Regulation D definitions of
“transaction account” and “savings deposit:”
(1) A depository institution must establish by agreement
with its transaction account customer two legally
separate accounts: a transaction account (a NOW
account or demand deposit account) and a savings
deposit account, sometimes called a ‘‘money market
deposit account’’ or ‘‘MMDA’’;
(2) The swept funds must actually be moved from the
customer’s transaction account to the customer’s
savings deposit account on the official books and
records of the depository institution as of the close of
the business on the day(s) on which the depository
institution intends to report the funds in question as
savings deposits and not transaction accounts, and
vice versa. In addition to actually moving the customer’s funds between accounts and reflecting this
movement at the account level:
(a) If the depository institution’s general ledger is
sufficiently disaggregated to distinguish between
transaction and savings deposit accounts, the
aforementioned movement of funds between the
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customer’s transaction account and savings
deposit account must be reflected on the general
ledger.
(b) If the depository institution’s general ledger is
not sufficiently disaggregated, the distinction may
be reflected in supplemental records or systems,
but only if such supplemental records or systems
constitute official books and records of the institution and are subject to the same prudent managerial oversight and controls as the general ledger.
A retail sweep program may not exist solely in
records or on systems that do not constitute official
books and records of the depository institution and
that are not used for any purpose other than generating its Report of Transaction Accounts, Other Deposits and Vault Cash (FR 2900) for submission to the
Federal Reserve; and
(3) The maximum number of preauthorized or automatic
funds transfers (‘‘sweeps’’) out of a savings deposit
account and into a transaction account in a retail
sweep program is limited to not more than six per
month. Transfers out of the transaction account and
into the savings deposit may be unlimited in number.
If any of the three criteria is not met, all swept funds must
continue to be reported as transaction accounts, both for
purposes of this report and of FR 2900 deposit reports.
All three criteria must be met in order to report the
nontransaction subaccount as a nonreservable savings
deposit account.
Further, for purposes of the FR Y-9C report, if all three of
the criteria above are met, a holding company must report
the transaction account and nontransaction account components of a retail sweep program separately when it
reports its quarter-end deposit information in Schedules
HC and HC-E, its quarterly averages in Schedule HC-K,
and its interest expense (if any) in Schedule HI. Thus,
when reporting quarterly averages in Schedule HC-K, a
holding company should include the amounts held in the
transaction accounts (if interest-bearing) and the nontransaction savings accounts in retail sweep arrangements each day or each week in the appropriate separate
items for average interest-bearing deposits. In addition, if
the bank subsidiary pays interest on accounts involved in
retail sweep arrangements, the interest expense reported
in Schedule HI should be allocated to the appropriate
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category in item 2(a), ‘‘Interest on deposits,’’ based on
the balances in these accounts during the reporting
period.
For additional information, refer to the Federal Reserve
Board staff guidance relating to the requirements for a
retail sweep program under Regulation D at http://
www.federalreserve.gov/boarddocs/legalint/
FederalReserveAct/2007/20070501/20070501.pdf.
(III) Interest noninterest-bearing deposit distinction:
(1) Interest-bearing deposit accounts consist of deposit
accounts on which the issuing depository institution
makes any payment to or for the account of any
depositor as compensation for the use of funds
constituting a deposit. Such compensation may be in
the form of cash, merchandise, or property or as a
credit to an account. An institution’s absorption of
expenses incident to providing a normal banking
function or its forbearance from charging a fee in
connection with such a service is not considered a
payment of interest.
Deposits with a zero percent interest rate that are
issued on a discount basis are to be treated as
interest-bearing. Deposit accounts on which the interest rate is periodically adjusted in response to changes
in market interest rates and other factors should be
reported as interest-bearing even if the rate has been
reduced zero, provided the interest rate on these
accounts can be increased as market conditions
change.
(2) Noninterest-bearing deposit accounts consist of
deposit accounts on which the issuing depository
institution makes no payment to or for the account of
any depositor as compensation for the use of funds
constituting a deposit. An institution’s absorption of
expenses incident to providing a normal banking
function or its forbearance from charging a fee in
connection with such a service is not considered a
payment of interest.
Noninterest-bearing deposit accounts include (i)
matured time deposits that are not automatically
renewable (unless the deposit agreement provides for
the funds to be transferred at maturity to another type
of account) and (ii) deposits with a zero percent
stated interest rate that are issued at face value.
See also ‘‘Brokered deposits’’ and ‘‘Hypothecated
deposits.’’
FR Y-9C
Glossary June 2015

Derivative Contracts: Holding companies commonly
use derivative instruments for managing (positioning or
hedging) their exposure to market risk (including interest
rate risk and foreign exchange risk), cash flow risk, and
other risks in their operations and for trading. The
accounting and reporting standards for derivative instruments, including certain derivative instruments embedded in other contracts, and for hedging activities are set
forth in ASC Topic 815, Derivatives and Hedging (formerly FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities, as amended),
which holding companies must follow for purposes of
these reports. ASC Topic 815 requires all derivatives to
be recognized on the balance sheet as either assets or
liabilities at their fair value. A summary of the principal
provisions of ASC Topic 815 follows. For further information, see ASC Topic 815 which includes the implementation guidance issued by the FASB’s Derivatives
Implementation Group.
Definition of Derivative
ASC Topic 815 defines a ‘‘derivative instrument’’ as a
financial instrument or other contract with all three of the
following characteristics:
(1) It has one or more underlyings (i.e., specified interest
rate, security price, commodity price, foreign
exchange rate, index of prices or rates, or other
variable) and one or more notional amounts (i.e.,
number of currency units, shares, bushels, pounds, or
other units specified in the contract) or payment
provisions or both. These terms determine the amount
of the settlement or settlements, and in some cases,
whether or not a settlement is required.
(2) It requires no initial net investment or an initial net
investment that is smaller than would be required for
other types of contracts that would be expected to
have similar response to changes in market factors.
(3) Its terms require or permit net settlement, it can be
readily settled net by a means outside the contract, or
it provides for delivery of an asset that puts the
recipient in a position not substantially different from
net settlement.
Certain contracts that may meet the definition of a
derivative are specifically excluded from the scope of
ASC Topic 815, including:
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Glossary

• ‘‘regular-way’’ securities trades, which are trades that
are completed within the time period generally established by regulations and conventions in the marketplace or by the exchange on which the trade is
executed;
• normal purchases and sales of an item other than a
financial instrument or derivative instrument (e.g., a
commodity) that will be delivered in quantities expected
to be used or sold by the reporting entity over a
reasonable period in the normal course of business;
• traditional life insurance and property and casualty
contracts; and
• certain financial guarantee contracts.
ASC Topic 815 has special criteria for determining
whether commitments to originate loans meet the definition of a derivative. Commitments to originate mortgage
loans that will be held for sale are accounted for as
derivatives. Commitments to originate mortgage loans
that will be held for investment are not accounted for as
derivatives. Also, all commitments to originate loans
other than mortgage loans are not accounted for as
derivatives. Commitments to purchase loans must be
evaluated to determine whether the commitment meets
the definition of a derivative under ASC Topic 815.
Types of Derivatives
The most common types of freestanding derivatives are
forwards, futures, swaps, options, caps, floors, and collars.
Forward contracts are agreements that obligate two
parties to purchase (long) and sell (short) a specific
financial instrument, foreign currency, or commodity at a
specified price with delivery and settlement at a specified
future date.
Futures contracts are standardized forward contracts that
are traded on organized exchanges. Exchanges in the U.S.
are registered with and regulated by the Commodity
Futures Trading Commission. The deliverable financial
instruments underlying interest-rate future contracts are
specified investment-grade financial instruments, such as
U.S. Treasury securities or mortgage-backed securities.
Foreign currency futures contracts involve specified
deliverable amounts of a particular foreign currency. The
deliverable products under commodity futures contracts
are specified amounts and grades of commodities such as
gold bullion. Equity futures contracts are derivatives that
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have a portion of their return linked to the price of a
particular equity or to an index of equity prices, such as
the Standard and Poor’s 500.
Other forward contracts are traded over the counter and
their terms are not standardized. Such contracts can only
be terminated, other than by receipt of the underlying
asset, by agreement of both buyer and seller. A forward
rate agreement is a forward contract that specifies a
reference interest rate and an agreed on interest rate (one
to be paid and one to be received), an assumed principal
amount (the notional amount), and a specific maturity
and settlement date.
Swap contracts are forward-based contracts in which two
parties agree to swap streams of payments over a specified period. The payments are based on an agreed upon
notional principal amount. An interest rate swap generally involves no exchange of principal at inception or
maturity. Rather, the notional amount is used to calculate
the payment streams to be exchanged. However, foreign
exchange swaps often involve the exchange of principal.
Option contracts (standby contracts) are traded on
exchanges and over the counter. Option contracts grant
the right, but do not obligate, the purchaser (holder) to
buy (call) or sell (put) a specific or standard commodity,
financial, or equity instrument at a specified price during
a specified period or at a specified date. A purchased
option is a contract in which the buyer has paid compensation (such as a fee or premium) to acquire the right to
sell or purchase an instrument at a stated price on a
specified future date. A written option obligates the
option seller to purchase or sell the instrument at the
option of the buyer of the contract. Option contracts may
relate to purchases or sales of securities, money market
instruments, futures contracts, other financial instruments, or commodities.
Interest rate caps are option contracts in which the cap
seller, in return for a premium, agrees to limit the cap
holder’s risk associated with an increase in interest rates.
If rates go above a specified interest-rate level (the strike
price or cap rate), the cap holder is entitled to receive cash
payments equal to the excess of the market rate over the
strike price multiplied by the notional principal amount.
For example, an issuer of floating-rate debt may purchase
a cap to protect against rising interest rates, while retaining
the ability to benefit from a decline in rates.
Interest rate floors are option contracts in which the floor
seller, in return for a premium, agrees to limit the risk
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associated with a decline in interest rates based on a
notional amount. If rates fall below an agreed rate, the
floor holder will receive cash payments from the floor
writer equal to the difference between the market rate and
an agreed rate, multiplied by the notional principal amount.
Interest rate collars are option contracts that combine a
cap and a floor (one held and one written). Interest rate
collars enable a user with a floating rate contract to lock
into a predetermined interest-rate range often at a lower
cost than a cap or a floor.
Embedded Derivatives
Contracts that do not in their entirety meet the definition
of a derivative instrument, such as bonds, insurance
policies, and leases, may contain ‘‘embedded’’ derivative
instruments. Embedded derivatives are implicit or explicit
terms within a contract that affect some or all of the cash
flows or the value of other exchanges required by the
contract in a manner similar to a derivative instrument.
The effect of embedding a derivative instrument in
another type of contract (‘‘the host contract’’) is that
some or all of the cash flows or other exchanges that
otherwise would be required by the host contract, whether
unconditional or contingent upon the occurrence of a
specified event, will be modified based on one or more of
the underlyings.
An embedded derivative instrument shall be separated
from the host contract and accounted for as a derivative
instrument, i.e., bifurcated, if and only if all three of the
following conditions are met:
(1) The economic characteristics and risks of the embedded derivative instrument are not clearly and closely
related to the economic characteristics and risks of
the host contract,
(2) The contract (‘‘the hybrid instrument’’) that embodies the embedded derivative and the host contract is
not remeasured at fair value under otherwise applicable generally accepted accounting principles with
changes in fair value reported in earnings as they
occur, and
(3) A separate instrument with the same terms as the
embedded derivative instrument would be a considered a derivative.
An embedded derivative instrument in which the underlying is an interest rate or interest rate index that alters
net interest payments that otherwise would be paid or
FR Y-9C
Glossary June 2015

received on an interest-bearing host contract is considered to be clearly and closely related to the host contract
unless either of the following conditions exist:
(1) The hybrid instrument can contractually be settled in
such a way that the investor (holder) would not
recover substantially all of its initial recorded investment, or
(2) The embedded derivative could at least double the
investor’s initial rate of return on the host contract
and could also result in a rate of return that is at least
twice what otherwise would be the market return for
a contract that has the same terms as the host contract
and that involves a debtor with a similar credit
quality.
Examples of hybrid instruments (not held for trading
purposes) with embedded derivatives which meet the
three conditions listed above and must be accounted for
separately include debt instruments (including deposit
liabilities) whose return or yield is indexed to: changes in
an equity securities index (e.g., the Standard & Poor’s
500); changes in the price of a specific equity security; or
changes in the price of gold, crude oil, or some other
commodity. For purposes of these reports, when an
embedded derivative must be accounted for separately
from the host contract under ASC Topic 815, the carrying
value of the host contract and the fair value of the
embedded derivative may be combined and presented
together on the balance sheet in the asset or liability
category appropriate to the host contract.
Under ASC Subtopic 815-15, Derivatives and Hedging –
Embedded Derivatives (formerly FASB Statement No.
155, Accounting for Certain Hybrid Financial Instruments), a holding company with a hybrid instrument for
which bifurcation would otherwise be required is permitted to irrevocably elect to initially and subsequently
measure the hybrid instrument in its entirety at fair value
with changes in fair value recognized in earnings. In
addition, ASC Subtopic 815-15 subjects all but the
simplest forms of interest-only and principal-only strips
and all forms of beneficial interests in securitized financial assets to the requirements of ASC Topic 815. Thus, a
holding company must evaluate such instruments to
identify those that are freestanding derivatives or that are
hybrid financial instruments that contain an embedded
derivative requiring bifurcation. However, a beneficial
interest that contains a concentration of credit risk in the
form of subordination to another financial instrument and
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Glossary

certain securitized interests in prepayable financial assets
are not considered to contain embedded derivatives that
must be accounted for separately from the host contract.
For further information, see ASC Subtopic 815-15,
Derivatives and Hedging – Embedded Derivatives (formerly Derivatives Implementation Group Issue No. B40,
‘‘Application of Paragraph 13(b) to Securitized Interests
in Prepayable Financial Assets’’).
Except in limited circumstances, interest-only and
principal-only strips and beneficial interests in securitized assets that were recognized prior to the effective
date (or early adoption date) of ASC Subtopic 815-15 are
not subject to evaluation for embedded derivatives under
ASC Topic 815.
Recognition of Derivatives and Measurement of Derivatives and Hedged Items
A holding company should recognize all of its derivative
instruments on its balance sheet as either assets or
liabilities at fair value. As defined in ASC Topic 820, Fair
Value Measurements and Disclosures (formerly FASB
Statement No. 157, Fair Value Measurements), fair value
is the price that would be received to sell an asset or paid
to transfer a liability in an orderly transaction between
market participants at the measurement date. For further
information, see the Glossary entry for ‘‘fair value.’’
The accounting for changes in the fair value (that is,
gains and losses) of a derivative depends on whether it
has been designated and qualifies as part of a hedging
relationship and, if so, on the reason for holding it. Either
all or a proportion of a derivative may be designated as a
hedging instrument. The proportion must be expressed as
a percentage of the entire derivative. Gains and losses on
derivative instruments are accounted for as follows:
(1) No hedging designation—The gain or loss on a
derivative instrument not designated as a hedging
instrument, including all derivatives held for trading
purposes, is recognized currently in earnings.
(2) Fair value hedge—For a derivative designated as
hedging the exposure to changes in the fair value of a
recognized asset or liability or a firm commitment,
which is referred to as a fair value hedge, the gain or
loss on the derivative as well as the offsetting loss or
gain on the hedged item attributable to the risk being
hedged should be recognized currently in earnings.
(3) Cash flow hedge—For a derivative designated as
hedging the exposure to variable cash flows of an
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existing recognized asset or liability or a forecasted
transaction, which is referred to as a cash flow hedge,
the effective portion of the gain or loss on the
derivative should initially be reported outside of
earnings as a component of other comprehensive
income and subsequently reclassified into earnings in
the same period or periods during which the hedged
transaction affects earnings. The remaining gain or
loss on the derivative instrument, if any, (i.e., the
ineffective portion of the gain or loss and any component of the gain or loss excluded from the assessment of hedge effectiveness) should be recognized
currently in earnings.
(4) Foreign currency hedge—For a derivative designated as hedging the foreign currency exposure of a
net investment in a foreign operation, the gain or loss
is reported outside of earnings in other comprehensive income as part of the cumulative translation
adjustment. For a derivative designated as a hedge of
the foreign currency exposure of an unrecognized
firm commitment or an available-for-sale security,
the accounting for a fair value hedge should be
applied. Similarly, for a derivative designated as a
hedge of the foreign currency exposure of a foreigncurrency denominated forecasted transaction, the
accounting for a cash flow hedge should be applied.
To qualify for hedge accounting, the risk being hedged
must represent an exposure to an institution’s earnings.
In general, if the hedged item is a financial asset or
liability, the designated risk being hedged can be (1) all
risks, i.e., the risk of changes in the overall fair value of
the hedged item or the risk of overall changes in the
hedged cash flows; (2) the risk of changes in the fair
value or cash flows of the hedged item attributable to
changes in the benchmark interest rate;8 (3) the risk of
changes in the fair value or cash flows of the hedged item
attributable to changes in foreign exchange rates; or (4)
the risk of changes in the fair value or cash flows of the
hedged item attributable to changes in the obligor’s
creditworthiness. For held-to-maturity securities, only
credit risk, foreign exchange risk, or both may be hedged.

8. The benchmark interest rate is a widely recognized and quoted rate in
an active financial market that is broadly indicative of the overall level
of interest rates attributable to high-credit-quality obligors in that market. In theory, this should be a risk-free rate. In the U.S., interest rates
on U.S. Treasury securities and the LIBOR swap rate are considered
benchmark interest rates.

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Designated hedging instruments and hedged items qualify
for fair value or cash flow hedge accounting if all of the
criteria specified in ASC Topic 815 are met. These
criteria include:
(1) At inception of the hedge, there is formal documentation of the hedging relationship and the institution’s
risk management objective and strategy for undertaking the hedge, including identification of the hedging
instrument, the hedged item or transaction, the nature
of the risk being hedged, and how the hedging
instrument’s effectiveness will be assessed. There
must be a reasonable basis for how the institution
plans to assess the hedging instrument’s effectiveness.
(2) Both at inception of the hedge and on an ongoing
basis, the hedging relationship is expected to be
highly effective in achieving offsetting changes in
fair value or offsetting cash flows attributable to the
hedged risk during the period that the hedge is
designated or the term of the hedge. An assessment
of effectiveness is required whenever financial statements or earnings are reported, and at least every
three months. All assessments of effectiveness shall
be consistent with the risk management strategy
documented for that particular hedging relationship.
In a fair value hedge, an asset or a liability is eligible for
designation as a hedged item if the hedged item is
specifically identified as either all or a specific portion of
a recognized asset or liability or of an unrecognized firm
commitment, the hedged item is a single asset or liability
(or a specific portion thereof) or is a portfolio of similar
assets or a portfolio of similar liabilities (or a specific
portion thereof), and certain other criteria specified in
ASC Topic 815 are met. If similar assets or similar
liabilities are aggregated and hedged as a portfolio, the
individual assets or individual liabilities must share the
risk exposure for which they are designated as being
hedged. The change in fair value attributable to the
hedged risk for each individual item in a hedged portfolio
must be expected to respond in a generally proportionate
manner to the overall change in fair value of the aggregate portfolio attributable to the hedged risk.
In a cash flow hedge, the individual cash flows related to
a recognized asset or liability and the cash flows related
to a forecasted transaction are both referred to as a
forecasted transaction. Thus, a forecasted transaction is
eligible for designation as a hedged transaction if the
FR Y-9C
Glossary June 2015

forecasted transaction is specifically identified as a single
transaction or a group of individual transactions, the
occurrence of the forecasted transaction is probable, and
certain other criteria specified in ASC Topic 815 are met.
If the hedged transaction is a group of individual transactions, those individual transactions must share the same
risk exposure for which they are designated as being
hedged.
An institution should discontinue prospectively its use of
fair value or cash flow hedge accounting for an existing
hedge if any of the qualifying criteria for hedge accounting is no longer met; the derivative expires or is sold,
terminated, or exercised; or the institution removes the
designation of the hedge. When this occurs for a cash
flow hedge, the net gain or loss on the derivative should
remain in ‘‘Accumulated other comprehensive income’’
and be reclassified into earnings in the periods during
which the hedged forecasted transaction affects earnings.
However, if it is probable that the forecasted transaction
will not occur by the end of the originally specified time
period (as documented at the inception of the hedging
relationship) or within an additional two-month period of
time thereafter (except as noted in ASC Topic 815), the
derivative gain or loss reported in ‘‘Accumulated other
comprehensive income’’ should be reclassified into earnings immediately.
For a fair value hedge, in general, if a periodic assessment
of hedge effectiveness indicates noncompliance with the
highly effective criterion that must be met in order to
qualify for hedge accounting, an institution should not
recognize adjustment of the carrying amount of the hedged
item for the change in the item’s fair value attributable to
the hedged risk after the last date on which compliance
with the effectiveness criterion was established.
With certain limited exceptions, a nonderivative instrument, such as a U.S. Treasury security, may not be
designated as a hedging instrument.
Reporting Derivative Contracts
When an institution enters into a derivative contract, it
should classify the derivative as either held for trading or
held for purposes other than trading (end-user derivatives) based on the reasons for entering into the contract.
All derivatives must be reported at fair value on the
balance sheet (Schedule HC).
Trading derivatives with positive fair values should be
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Glossary

reported as trading assets in Schedule HC, item 5. Trading
derivatives with negative fair values should be reported as
trading liabilities in Schedule HC, item 15. Changes in the
fair value (that is, gains and losses) of trading derivatives
should be recognized currently in earnings and included in
Schedule HI, item 5(c), ‘‘Trading revenue.’’
Freestanding derivatives held for purposes other than
trading (and embedded derivatives that are accounted for
separately under ASC Topic 815, which the holding
company has chosen to present separately from the host
contract on the balance sheet) that have positive fair
values should be included in Schedule HC-F, item 6,
‘‘Other’’ assets. Freestanding derivatives held for purposes other than trading (and embedded derivatives that
are accounted for separately under ASC Topic 815,
which the holding company has chosen to present separately from the host contract on the balance sheet) that
have negative fair values should be included in Schedule
HC-G, item 4, ‘‘Other’’ liabilities. Net gains (losses) on
derivatives held for purposes other than trading that are
not designated as hedging instruments should be recognized currently in earnings and reported consistently as
either ‘‘Other noninterest income’’ or ‘‘Other noninterest
expense’’ in Schedule HI, item 5(l) or item 7(d), respectively.
Netting of derivative assets and liabilities is prohibited on
the balance sheet except as permitted under ASC Subtopic 210-20, Balance Sheet – Offsetting (formerly FASB
Interpretation No. 39, Offsetting of Amounts Related to
Certain Contracts). See the Glossary entry for ‘‘offsetting.’’
Holding companies must report the notional amounts of
their derivative contracts (both freestanding derivatives
and embedded derivatives that are accounted for separately from their host contract under ASC Topic 815) by
risk exposure in Schedule HC-L, first by type of contract
in Schedule HC-L, item 11, and then by purpose of
contract (i.e., trading, other than trading) in Schedule
HC-L, items 12 and 13. Holding companies must then
report the gross fair values of their derivatives, both
positive and negative, by risk exposure and purpose of
contract in Schedule HC-L, item 14. However, these
items exclude credit derivatives, the notional amounts
and gross fair values of which must be reported in
Schedule HC-L, item 7.
Discounts: See ‘‘Premiums and discounts.’’
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Dividends: Cash dividends are payments of cash to
stockholders in proportion to the number of shares they
own. Cash dividends on preferred and common stock
are to be reported on the date they are declared by the
holding company’s board of directors (the declaration
date) by debiting ‘‘retained earnings’’ and crediting
‘‘dividends declared not yet payable,’’ which is to be
reported in other liabilities. Upon payment of the dividend, ‘‘dividends declared not yet payable’’ is debited for
the amount of the cash dividend with an offsetting credit,
normally in an equal amount, to ‘‘dividend checks outstanding’’ which is reportable in the ‘‘official checks’’
category of the consolidated holding company’s deposit
liabilities.
A liability for dividends payable may not be accrued in
advance of the formal declaration of a dividend by the
board of directors. However, the holding company may
segregate a portion of retained earnings in the form of a
capital reserve in anticipation of the declaration of a
dividend.
Stock dividends are distributions of additional shares to
stockholders in proportion to the number of shares they
own. Stock dividends are to be reported by transferring
an amount equal to the fair value of the additional shares
issued from retained earnings to a category of permanent
capitalization (common stock and surplus). However, the
amount of any mandatory and discretionary transfers
must be reduced by the amount of any mandatory and
discretionary transfers previously made (such as those
from retained earnings to surplus for increasing the
holding company’s legal lending limit) provided such
transfers have not already been used to record a stock
dividend. In any event, the amount transferred from
retained earnings may not be less than the par or stated
value of the additional shares being issued.
Property dividends, also known as dividends in kind, are
distributions to stockholders of assets other than cash.
The transfer of securities of other companies, real property, or any other asset owned by the reporting holding
company to a stockholder or related party is to be
recorded at the fair value of the asset on the declaration
date of the dividend. A gain or loss on the transferred
asset must be recognized in the same manner as if the
property had been disposed of in an outright sale at or
near the declaration date.
Domestic Office: For purposes of these reports, a domestic office of the reporting holding company is a branch or
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consolidated subsidiary (other than an Edge or Agreement subsidiary) located in the 50 states of the United
States or the District of Columbia or a branch on a U.S.
military facility wherever located. However, if the reporting holding company is chartered and headquartered in
Puerto Rico or a U.S. territory or possession, a branch or
consolidated subsidiary located in the 50 states of the
United States, the District of Columbia, Puerto Rico, or a
U.S. territory or possession is a domestic office. The
domestic offices of the reporting holding company exclude
all International Banking Facilities (IBFs); all offices of
Edge and Agreement subsidiaries, including their U.S.
offices; and all branches and other consolidated subsidiaries of the holding company located in foreign countries.
Domicile: Domicile is used to determine the foreign
(non-U.S. addressee) or domestic (U.S. addressee) location of a customer of the reporting holding company for
the purposes of these reports. Domicile is determined by
the principal residence address of an individual or the
principal business address of a corporation, partnership,
or sole proprietorship. If other addresses are used for
correspondence or other purposes, only the principal
address, insofar as it is known to the reporting holding
company, should be used in determining whether a
customer should be regarded as a U.S. or non-U.S.
addressee.
For purposes of defining customers of the reporting holding company, U.S. addressees include residents of the 50
states of the United States, the District of Columbia,
Puerto Rico, and U.S. territories and possessions. The term
U.S. addressee generally includes U.S.-based subsidiaries
of foreign banks and U.S. branches and agencies of foreign
banks. Non-U.S. addressees include residents of any foreign country. The term non-U.S. addressee generally
includes foreign-based subsidiaries of other U.S. banks
and holding companies.
For customer identification purposes, the IBFs of other
U.S. depository institutions are U.S. addressees. (This is
in contrast to the treatment of the IBFs of a subsidiary
bank which are treated as foreign offices of the bank.)
Due Bills: A due bill is an obligation that results when a
holding company or its subsidiaries sell an asset and
receives payment, but does not deliver the security or
other asset. A due bill can also result from a promise to
deliver an asset in exchange for value received. In both
cases, the receipt of the payment creates an obligation
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regardless of whether the due bill is issued in written
form. Outstanding due bill obligations shall be reported
as borrowings in Schedule HC, item 16, ‘‘Other borrowed money,’’ by the issuing holding company. Conversely, when the reporting holding company or its
consolidated subsidiaries are the holders of a due bill, the
outstanding due bill obligation of the seller shall be
reported as a loan to that party.
Edge and Agreement Corporation: An Edge corporation is a federally-chartered corporation organized under
Section 25(a) of the Federal Reserve Act and subject
to Federal Reserve Regulation K. Edge corporations are
allowed to engage only in international banking or other
financial transactions related to international business.
An Agreement corporation is a state-chartered corporation that has agreed to operate as if it were organized
under Section 25 of the Federal Reserve Act and has
agreed to be subject to Federal Reserve Regulation K.
Agreement corporations are restricted, in general, to
international banking operations. Banks must apply to
the Federal Reserve for permission to acquire stock in an
Agreement corporation.
An Edge or Agreement subsidiary of the consolidated
holding company, i.e., the majority-owned Edge or
Agreement corporation of the consolidated holding company, is treated for purposes of these reports as a
‘‘foreign’’ office of the reporting holding company.
Equity-Indexed Certificates of Deposit: Under ASC
Topic 815, Derivatives and Hedging (formerly FASB
Statement No. 133, Accounting for Derivative Instruments and Hedging Activities, as amended), a certificate
of deposit that pays ‘‘interest’’ based on changes in an
equity securities index is a hybrid instrument with an
embedded derivative that must be accounted for separately from the host contract, i.e., the certificate of
deposit. For further information, see the Glossary entry
for ‘‘Derivative Contracts.’’ Examples of equity-indexed
certificates of deposit include the ‘‘Index Powered CD’’
and the ‘‘Dow Jones Industrials Indexed Certificate of
Deposit.’’
At the maturity date of a typical equity-indexed certificate of deposit, the holder of the certificate of deposit
receives the original amount invested in the deposit plus
some or all of the appreciation, if any, in an index of
stock prices over the term of the certificate of deposit.
Thus, the equity-indexed certificate of deposit contains
an embedded equity call option. To manage the market
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Glossary

risk of its equity indexed certificates of deposit, an
institution that issues these deposits normally enters into
one or more separate freestanding equity derivative contracts with an overall term that matches the term of the
certificates of deposit. At maturity, these separate derivatives are expected to provide the institution with a cash
payment in an amount equal to the amount of appreciation, if any, in the same stock price index that is
embedded in the certificates of deposit, thereby providing
the institution with the funds to pay the ‘‘interest’’ on the
equity-indexed certificates of deposit. During the term of
the separate freestanding equity derivative contracts, the
institution will periodically make either fixed or variable
payments to the counterparty on these contracts.
When an institution issues an equity-indexed certificate
of deposit, it must either account for the written equity
call option embedded in the deposit separately from the
certificate of deposit host contract or irrevocably elect to
account for the hybrid instrument (the equity-indexed
certificate of deposit) in its entirety at fair value.
• If the institution accounts for the written equity call
option separately from the certificate of deposit, the
fair value of this embedded derivative on the date the
certificate of deposit is issued must be deducted from
the amount the purchaser invested in the deposit,
creating a discount on the certificate of deposit that
must be amortized to interest expense over the term of
the deposit using the effective interest method. This
interest expense should be reported in the income
statement in the appropriate subitem of Schedule HI,
item 2(a), ‘‘Interest on deposits.’’ The equity call
option must be ‘‘marked to market’’ at least quarterly
with any changes in the fair value of the option
recognized in earnings. On the balance sheet, the
carrying value of the certificate of deposit host contract
and the fair value of the embedded equity derivative
may be combined and reported together as a deposit
liability on the balance sheet (Schedule HC) and in the
deposit schedule (Schedule HC-E).
• If the institution elects to account for the equityindexed certificate of deposit in its entirety at fair
value, no discount is to be recorded on the certificate of
deposit. Rather, the equity-indexed certificate of deposit
must be ‘‘marked to market’’ at least quarterly, with
changes in the instrument’s fair value reported in the
income statement consistently in either item 5(l),
‘‘Other noninterest income,’’ or item 7(d), ‘‘Other
GL-34

noninterest expense’’, excluding interest expense
incurred that is reported in the appropriate subitem of
Schedule HI, item 2(a), ‘‘Interest on deposits.’’
As for the separate freestanding derivative contracts the
institution enters into to manage its market risk, these
derivatives must be carried on the balance sheet as assets
or liabilities at fair value and ‘‘marked to market’’ at least
quarterly with changes in their fair value recognized in
earnings. The fair value of the freestanding derivatives
should not be netted against the fair value of the embedded equity derivatives for balance sheet purposes because
these two derivatives have different counterparties. The
periodic payments to the counterparty on these freestanding derivatives must be accrued with the expense reported
in earnings along with the change in the derivative’s fair
value. In the income statement (Schedule HI), the
changes in the fair value of the embedded and freestanding derivatives, including the effect of the accruals for the
payments to the counterparty on the freestanding derivatives, should be netted and reported consistently in either
item 5(l), ‘‘Other noninterest income,’’ or item 7(d),
‘‘Other noninterest expense.’’
Unless the institution that issues the equity-indexed certificate of deposit elects to account for the certificate of
deposit in its entirety at fair value, the notional amount of
the embedded equity call option must be reported in
Schedule HC-L, item 11(d)(1), column C, and item 13,
column C, and its fair value (which will always be
negative or zero, but not positive) must be reported in
Schedule HC-L, item 14(b)(2), column C. The notional
amount of the freestanding equity derivative must be
reported in the appropriate subitem of Schedule HC-L,
item 11, column C (e.g., item 11(e), column C, if it is an
equity swap), and in Schedule HC-L, item 13, column C.
The fair value of the freestanding equity derivative must
be included in the appropriate subitem of Schedule HC-L,
item 14(b), column C. The equity derivative embedded in
the equity-indexed certificate of deposit is a written option,
which is not covered by the Federal Reserve’s risk-based
capital standards. However, the freestanding equity derivative is covered by these standards.
An institution that purchases an equity-indexed certificate of deposit for investment purposes must either
account for the embedded purchased equity call option
separately from the certificate of deposit host contract or
irrevocably elect to account for the hybrid instrument
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FR Y-9C
March 2017

Glossary

(the equity-indexed certificate of deposit) in its entirety at
fair value.
• If the institution accounts for the purchased equity call
option separately from the certificate of deposit, the
fair value of this embedded derivative on the date of
purchase must be deducted from the purchase price of
the certificate, creating a discount on the deposit that
must be accreted into income over the term of the
deposit using the effective interest method. This accretion should be reported in the income statement in
Schedule HI, item 1(c). The embedded equity derivative must be ‘‘marked to market’’ at least quarterly with
any changes in its fair value recognized in earnings.
These fair value changes should be reported consistently in Schedule HI in either item 5(l), ‘‘Other
noninterest income,’’ or item 7(d), ‘‘Other noninterest
expense.’’ The carrying value of the certificate of
deposit host contract and the fair value of the embedded equity derivative may be combined and reported
together as interest-bearing balances due from other
depository institutions on the balance sheet in Schedule
HC, item 1(b).
• If the institution elects to account for the equityindexed certificate of deposit in its entirety at fair
value, no discount is to be recorded on the certificate of
deposit. Rather, the equity-indexed certificate of deposit
must be ‘‘marked to market’’ at least quarterly, with
changes in the instrument’s fair value reported in the
income statement consistently in either item 5(l),
‘‘Other noninterest income,’’ or item 7(d), ‘‘Other
noninterest expense,’’ excluding interest income that is
reported in Schedule HI, item 1(c).
Unless the institution that purchases the equity-indexed
certificate of deposit elects to account for the certificate
of deposit in its entirety at fair value, the notional amount
of the embedded derivative must be reported in Schedule
HC-L, item 11(d)(2), column C, and item 13, column C,
and its fair value (which will always be positive or zero,
but not negative) must be reported in Schedule HC-L,
item 14(b)(1), column C. The embedded equity derivative in the equity-indexed certificate of deposit is a
purchased option, which is subject to the Federal
Reserve’s risk-based capital standards unless the fair
value election has been made.
Equity Method of Accounting: The equity method of
accounting shall be used to account for:
FR Y-9C
Glossary March 2017

(1) Investments in subsidiaries that have not been consolidated; associated companies; and corporate joint
ventures, unincorporated joint ventures, and general
partnerships over which the holding company exercises significant influence; and
(2) Noncontrolling investments in:
(a) Limited partnerships; and
(b) Limited liability companies that maintain ‘‘specific ownership accounts’’ for each investor and
are within the scope of ASC Subtopic 323-30,
Investments-Equity Method and Joint Ventures –
Partnerships, Joint Ventures, and Limited Liability Entities (formerly EITF Issue No. 03-16,
Accounting for Investments in Limited Liability
Companies)
unless the investment in the limited partnership or limited
liability company is so minor that the limited partner or
investor may have virtually no influence over the operating and financial policies of the partnership or company.
Consistent with guidance in ASC Subtopic 323-30,
Investments-Equity Method and Joint Ventures – Partnerships, Joint Ventures, and Limited Liability Entities
(formerly EITF Topic D-46, Accounting for Limited
Partnership Interests), noncontrolling investments of
more than 3 to 5 percent are considered to be more than
minor.
The entities in which these investments have been made
are collectively referred to as ‘‘investees.’’
Under the equity method, the carrying value a holding
company’s investment in an investee is originally recorded
at cost but is adjusted periodically to record as income
the holding company’s proportionate share of the investee’s earnings or losses and decreased by the amount of
cash dividends or similar distributions received from the
investee. For purposes of the FR Y-9C report, the date
through which the carrying value of the holding company’s investment in an investee has been adjusted
should, to the extent practicable, match the report date of
the FR Y-9C, but in no case differ by more than 93 days
from the report.
See also ‘‘subsidiaries.’’
Excess Balance Account: An excess balance account
(EBA) is a limited-purpose account at a Federal Reserve
Bank established for maintaining the excess balances of
one or more depository institutions (participants) that are
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Glossary

eligible to earn interest on balances held at the Federal
Reserve Banks. An EBA is managed by another depository institution that has its own account at a Federal
Reserve Bank (such as a participant’s pass-through correspondent) and acts as an agent on behalf of the
participants. Balances in an EBA represent a liability of a
Federal Reserve Bank directly to the EBA participants
and not to the agent. The Federal Reserve Banks pay
interest on the average balance in the EBA over a 7-day
maintenance period and the agent disburses that interest
to each participant in accordance with the instructions of
the participant. Only a participant’s excess balances may
be placed in an EBA; the account balance cannot be used
to satisfy the participant’s reserve balance requirements.
The reporting of an EBA by participants and agents
differs from the required reporting of a pass-through
reserve relationship, which is described in the Glossary
entry for ‘‘pass-through reserve balances.’’
A participant’s balance in an EBA is to be treated as a
claim on a Federal Reserve Bank (not as a claim on the
agent) and, as such, should be reported on the balance
sheet in Schedule HC, item 1.b, ‘‘Interest-bearing balances’’ due from depository institutions. For risk-based
capital purposes, the participant’s balance in an EBA is
accorded a zero percent risk weight and should be
reported in Schedule HC-R, Part II, item 1, ‘‘Cash and
balances due from depository institutions,’’ column C. A
participant should not include its balance in an EBA in
Schedule HC, item 3.a, ‘‘Federal funds sold.’’
The balances in an EBA should not be reflected as an
asset or a liability on the balance sheet of the depository
institution that acts as the agent for the EBA. Thus, the
agent should not include the balances in the EBA in
Schedule HC, item 1.b, ‘‘Interest-bearing balances’’ due
from depository institutions; Schedule HC, item 13.a.(2),
‘‘Interest-bearing’’ deposits (in domestic offices); or
Schedule HC-R, Part II, item 1, ‘‘Cash and balances due
from depository institutions.’’
Extinguisments of Liabilities: The accounting and
reporting standards for extinguishments of liabilities are
set forth in ASC Subtopic 405-20, Liabilities – Extinguishments of Liabilities (formerly FASB Statement No. 140,
Accounting for Transfers and Servicing of Financial Assets
and Extinguishments of Liabilities). Under ASC Subtopic
405-20, a holding company should remove a previously
recognized liability from its balance sheet if and only if the
GL-36

liability has been extinguished. A liability has been extinguished if either of the following conditions are met:
(1) The holding company pays the creditor and is
relieved of its obligation for the liability. Paying the
creditor includes delivering cash, other financial
assets, goods, or services or the holding company’s
reacquiring its outstanding debt.
(2) The holding company is legally released from being
the primary obligor under the liability, either judicially or by the creditor.
Holding companies should aggregate their gains and
losses from the extinguishment of liabilities (debt),
including losses resulting from the payment of prepayment penalties on borrowings such as Federal Home
Loan Bank advances, and consistently report the net
amount in item 7(d), ‘‘Other noninterest expense,’’ of the
income statement (Schedule HI). Only if a holding
company’s debt extinguishments normally result in net
gains over time should the holding company consistently
report its net gains (losses) in Schedule HI, item 5(l),
‘‘Other noninterest income.’’
In addition, under ASC Subtopic 470-50, Debt – Modifications and Extinguishments (formerly FASB Emerging
Issues Task Force (EITF) Issue No. 96-19, Debtor’s
Accounting for a Modification or Exchange of Debt
Instruments), the accounting for the gain or loss on the
modification or exchange of debt depends on whether the
original and the new debt instruments are substantially
different. If they are substantially different, the transaction is treated as an extinguishment of debt and the gain
or loss on the modification or exchange is reported
immediately in earnings as discussed in the preceding
paragraph. If the original and new debt instruments are
not substantially different, the gain or loss on the modification or replacement of the debt is deferred and recognized over time as an adjustment to the interest expense
on the new borrowing. ASC Subtopic 470-50 provides
guidance on how to determine whether the original and
the new debt instruments are substantially different.
Fails: When a holding company or its subsidiaries have
sold an asset and, on settlement date, do not deliver the
security or other asset and do not receive payment, a sales
fail exists. When a holding company or its subsidiaries
have purchased a security or other asset and, on settlement date, do not receive the asset and do not pay for it, a
purchase fail exists. Fails do not affect the way securities
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FR Y-9C
December 2016

Glossary

are reported in the FR Y-9C. However, the receivable
from a Fail should be reported in other assets. Likewise a
payable from a Fail should be reported in other liabilities.
Fair Value: ASC Topic 820, Fair Value Measurements
and Disclosures (formerly FASB Statement No. 157,
Fair Value Measurements), defines fair value and establishes a framework for measuring fair value. ASC Topic
820 should be applied when other accounting topics
require or permit fair value measurements. For further
information, refer to ASC Topic 820.
Fair value is defined as the price that would be received
to sell an asset or paid to transfer a liability in an orderly
transaction between market participants in the asset’s or
liability’s principal (or most advantageous) market at the
measurement date. This value is often referred to as an
‘‘exit’’ price. An orderly transaction is a transaction that
assumes exposure to the market for a period prior to the
measurement date to allow for marketing activities that
are usual and customary for transactions involving such
assets or liabilities; it is not a forced liquidation or
distressed sale.
ASC Topic 820 establishes a three level fair value
hierarchy that prioritizes inputs used to measure fair
value based on observability. The highest priority is
given to Level 1 (observable, unadjusted) and the lowest
priority to Level 3 (unobservable). The broad principles
for the hierarchy follow.
Level 1 fair value measurement inputs are quoted prices
(unadjusted) in active markets for identical assets or
liabilities that a holding company has the ability to access
at the measurement date. In addition, a Level 1 fair value
measurement of a liability can also include the quoted
price for an identical liability when traded as an asset in
an active market when no adjustments to the quoted price
of the asset are required.
Level 2 fair value measurement inputs are inputs other
than quoted prices included within Level 1 that are
observable for the asset or liability, either directly or
indirectly. If the asset or liability has a specified (contractual) term, a Level 2 input must be observable for
substantially the full term of the asset or liability.
Depending on the specific factors related to an asset or a
liability, certain adjustments to Level 2 inputs may be
necessary to determine the fair value of the asset or
liability. If those adjustments are significant to the asset
or liability’s fair value in its entirety, the adjustments
FR Y-9C
Glossary September 2016

may render the fair value measurement to a Level 3
measurement.
Level 3 fair value measurement inputs are unobservable
inputs for the asset or liability. Although these inputs
may not be readily observable in the market, the fair
value measurement objective is, nonetheless, to develop
an exit price for the asset or liability from the perspective
of a market participant. Therefore, Level 3 fair value
measurement inputs should reflect the holding company’s own assumptions about the assumptions that a
market participant would use in pricing an asset or
liability and should be based on the best information
available in the circumstances.
Refer to ASC Topic 820 for additional fair value measurement guidance, including considerations related to
holding large positions (blocks), the existence of multiple
active markets, and the use of practical expedients.
Measurement of Fair Values in Stressed Market
Conditions—The measurement of various assets and
liabilities on the balance sheet - including trading assets
and liabilities, available-for-sale securities, loans held for
sale, assets and liabilities accounted for under the fair
value option, and foreclosed assets - involves the use of
fair values. During periods of market stress, the fair
values of some financial instruments and nonfinancial
assets may be difficult to determine. Institutions are
reminded that, under such conditions, fair value measurements should be determined consistent with the objective
of fair value set forth in ASC Topic 820.
ASC Topic 820 provides guidance on determining fair
value when the volume and level of activity for an asset
or liability have significantly decreased when compared
with normal market activity for the asset or liability (or
similar assets or liabilities). According to ASC Topic
820, if there has been such a significant decrease, transactions or quoted prices may not be determinative of fair
value because, for example, there may be increased
instances of transactions that are not orderly. In those
circumstances, further analysis of transactions or quoted
prices is needed, and a significant adjustment to the
transactions or quoted prices may be necessary to estimate fair value in accordance with ASC Topic 820.
Federal Funds Transactions: For purposes of the FR Y9C, federal funds transactions involve the lending (federal funds sold) or borrowing (federal funds purchased)
in domestic offices of immediately available funds under
agreements or contracts that have an original maturity of
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Glossary

one business day or roll over under a continuing contract. However, funds lent or borrowed in the form of
securities resale or repurchase agreements, due bills,
borrowings from the Discount and Credit Department of
a Federal Reserve Bank, deposits with and advances
from a Federal Home Loan Bank, and overnight loans for
commercial and industrial purposes are excluded from
federal funds. Transactions that are to be reported as
federal funds transactions may be secured or unsecured
or may involve an agreement to resell loans or other
instruments that are not securities.
Immediately available funds are funds that the purchasing holding company can either use or dispose of on the
same business day that the transaction giving rise to the
receipt or disposal of the funds is executed.
The borrowing and lending of immediately available
funds have an original maturity of one business day if the
funds borrowed on one business day are to be repaid or
the transaction reversed on the next business day, that is,
if immediately available funds borrowed today are to be
repaid tomorrow (in tomorrow’s immediately available
funds). Such transactions include those made on a Friday
to mature or be reversed the following Monday and those
made on the last business day prior to a holiday (for
either or both of the parties to the transaction) to mature
or be reversed on the first business day following the
holiday.
A continuing contract is a contract or agreement that
remains in effect for more than one business day but has
no specified maturity and does not require advance notice
of either party to terminate. Such contracts may also be
known as rollovers or as open-ended agreements.
Federal funds may take the form of the following two
types of transactions in domestic offices provided that the
transactions meet the above criteria (i.e., immediately
available funds with an original maturity of one business
day or under a continuing contract):
(1) Unsecured loans (federal funds sold) or borrowings
(federal funds purchased). (In some market usage,
the term ‘‘fed funds’’ or ‘‘pure fed funds’’ is confined
to unsecured loans of immediately available balances.)
(2) Purchases (sales) of financial assets (other than securities) under agreements to resell (repurchase) that
have original maturities of one business day (or are
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under continuing contracts) and are in immediately
available funds.
Any borrowing or lending of immediately available
funds in domestic offices that has an original maturity of
more than one business day, other than security repurchase or resale agreements, is to be treated as a borrowing or as a loan, not as federal funds. Such transactions
are sometimes referred to as ‘‘term federal funds.’’
Federally-Sponsored Lending Agency: A federallysponsored lending agency is an agency or corporation
that has been chartered, authorized, or organized as a
result of federal legislation for the purpose of providing
credit services to a designated sector of the economy.
These agencies include Banks for Cooperatives, Federal
Home Loan Banks, the Federal Home Loan Mortgage
Corporation, Federal Intermediate Credit Banks, Federal
Land Banks, the Federal National Mortgage Association,
and the Student Loan Marketing Association.
Fees, Loan: See ‘‘Loan fees.’’
Foreclosed Assets: The accounting and reporting standards for foreclosed assets are set forth in ASC Subtopic
310-40, Receivables – Troubled Debt Restructurings by
Creditors (formerly FASB Statement No, 15 Accounting
by Debtors and Creditors for Troubled Debt Restructurings), and ASC Topic 360, Property, Plant, and Equipment (formerly FASB Statement No. 144, Accounting for
the Impairment or Disposal of Long-Lived Assets). Subsequent to the issuance of FASB Statement No. 144,
AICPA Statement of Position (SOP) No. 92-3, Accounting for Foreclosed Assets was rescinded. Certain provisions of SOP 92-3 are not present in FASB Statement No.
144, but the application of these provisions represents
prevalent practice in the banking industry and is consistent with safe and sound banking practices. These provisions of SOP 92-3 have been incorporated into this
Glossary entry, which holding companies must follow for
purposes of preparing their FR Y-9C reports.
A holding company that receives from a borrower in full
satisfaction of a loan either receivables from a third party,
an equity interest in the borrower, or another type of asset
(except a long-lived asset that will be sold) shall initially
measure the asset received at its fair value at the time of
the restructuring. When a holding company receives a
long-lived asset, such as real estate, from a borrower in
full satisfaction of a loan, the long-lived asset is rebuttably presumed to be held for sale and the holding company shall initially measure this asset at its fair value less
Glossary

FR Y-9C
March 2015

Glossary

cost to sell. The fair value (less cost to sell, if applicable)
of the asset received in full satisfaction of the loan9
becomes the ‘‘cost’’ of the asset. The amount, if any, by
which the recorded amount of the loan exceeds the fair
value (less cost to sell, if applicable) of the asset is a loss
which must be charged to the allowance for loan and
lease losses at the time of restructuring, foreclosure, or
repossession. In those cases where property is received in
full satisfaction of an asset other than a loan (e.g., a debt
security), the loss should be reported on the income
statement in a manner consistent with the balance sheet
classification of the asset satisfied.
If an asset is sold shortly after it is received in a
restructuring, foreclosure, or repossession, it would generally be appropriate to substitute the value received in
the sale (net of the cost to sell for a long- lived asset, such
as real estate, that has been sold) for the fair value (less
cost to sell for a long-lived asset, such as real estate, that
will be sold) that had been estimated at the time of
restructuring, foreclosure, or repossession. Any adjustments should be made to the loss charged against the
allowance.
An asset received in partial satisfaction of a loan should
be initially measured as described above and the recorded
investment in the loan should be reduced by the fair value
(less cost to sell, if applicable) of the asset at the time of
restructuring, foreclosure, or repossession.
The measurement and accounting subsequent to acquisition for real estate received in full or partial satisfaction
of a loan, including through foreclosure or repossession,
is discussed below in this Glossary entry. For other types
of assets that a holding company receives in full or partial
satisfaction of a loan, the holding company generally
should subsequently measure and account for such assets
in accordance with other applicable generally accepted
accounting principles and regulatory reporting instructions for such assets.
For purposes of this report, foreclosed assets (other than
real estate property collateralizing a consumer mortgage
loan) include loans where the holding company, as
creditor, has received physical possession of a borrower’s
assets, regardless of whether formal foreclosure proceedings take place. A holding company, as creditor, is
9. The recorded amount of the loan is the loan balance adjusted for any
unamortized premium or discount and unamortized loan fees or costs, less
any amount previously charged off, plus recorded accrued interest.
FR Y-9C
Glossary December 2016

considered to have received physical possession of residential real estate property collateralizing a consumer
mortgage loan only upon the occurrence of either of the
following:
a. The holding company obtains legal title to the
residential real estate property upon completion of a
foreclosure even if the borrower has redemption
rights whereby they have a legal right for a period
of time after a foreclosure to reclaim the real estate
property by paying certain amounts specified by
law.
b. The borrower conveys all interest in the residential
real estate property to the bank to satisfy the loan
through completion of a deed in lieu of foreclosure
or through a similar legal agreement. The deed in
lieu of foreclosure or similar legal agreement is
completed when agreed-upon terms and conditions
have been satisfied by both the borrower and the
creditor.10
In such situations, the secured loan should be recategorized on the balance sheet in the asset category appropriate to the underlying collateral (e.g., as other real estate
owned for real estate collateral) and accounted for as
described above.
The amount of any senior debt (principal and accrued
interest) to which foreclosed real estate is subject at the
time of foreclosure must be reported as a liability in
Schedule HC, items 16, ‘‘Other borrowed money.’’
After foreclosure, each foreclosed real estate asset (including any real estate for which the holding company
receives physical possession,) must be carried at the
lower of (1) the fair value of the asset minus the
estimated costs to sell the asset or (2) the cost of the asset
(as defined in the preceding paragraphs). This determination must be made on an asset-by-asset basis. If the fair
value of a foreclosed real estate asset minus the estimated
costs to sell the asset is less than the asset’s cost, the
10. Refer to FASB’s ASU No. 2014-04, ‘‘Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure’’ for transition guidance. The ASU must be applied by public business
entities with a fiscal calendar year in their March 2015 FR Y-9C Reports
and by private entities with a fiscal calendar year in their March 2016
FR Y-9C Reports. Early adoption is permitted. Entities can elect either a
prospective or modified retrospective approach. Under the modified retrospective approach, entities should apply a cumulative-effect adjustment to
residential consumer mortgage loans and OREO existing as of the beginning of the annual period for which the amendments are effective.

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Glossary

deficiency must be recognized as a valuation allowance
against the asset which is created through a charge to
expense. The valuation allowance should thereafter be
increased or decreased (but not below zero) through
charges or credits to expense for changes in the asset’s
fair value or estimated selling costs.
If a foreclosed real estate asset is held for more than a
short period of time, any declines in value after foreclosure and any gain or loss from the sale or disposition of
the asset shall not be reported as a loan or lease loss or
recovery and shall not be debited or credited to the
allowance for loan and lease losses. Such additional
declines in value and the gain or loss from the sale or
disposition shall be reported net on the income statement
in Schedule HI, item 5(J) “Net gains (losses) on sales of
other real estate owned.”
Reporting Certain Government-Guaranteed Mortgage
Loans upon Foreclosure—ASC Subtopic 310-40 clarifies
the conditions under which a creditor must derecognize a
government-guaranteed mortgage loan and recognize a
separate “other receivable” upon foreclosure (that is,
when a creditor receives physical possession of real
estate property collateralizing a mortgage loan). When
these conditions are met, other real estate owned should
not be recognized by a holding company. A holding
company should derecognize a mortgage loan and record
a separate other receivable upon foreclosure of the real
estate collateral if all of the following conditions are met:
• The loan has a government guarantee that is not
separable from the loan before foreclosure.
• At the time of foreclosure, the holding company has
the intent to convey the property to the guarantor and
make a claim on the guarantee and it has the ability to
recover under that claim.
• At the time of foreclosure, any amount of the claim that
is determined on the basis of the fair value of the real
estate is fixed (that is, the real estate property has been
appraised for purposes of the claim and thus the
holding company is not exposed to changes in the fair
value of the property).
This guidance is applicable to fully and partially
government-guaranteed mortgage loans provided the
three conditions identified above have been met. In such
situations, upon foreclosure, the separate other receivable
should be measured based on the amount of the loan
balance (principal and interest) expected to be recovered
GL-40

from the guarantor. This other receivable should be
reported in Schedule HC-F, item 6, “All other assets.”
Any interest income earned on the other receivable
should be reported in Schedule HI, item 1(g), “Other
interest income.”
Dispositions of Foreclosed Real Estate—Until the effective date of ASU 2014-09 “Revenue from Contracts with
Customers,” which includes amendments to ASC Subtopic 610-20, Other Income–Gains and Losses from the
Derecognition of Nonfinancial Assets, the primary
accounting guidance for sales of foreclosed real estate is
ASC Subtopic 360-20, Property, Plant, and Equipment–
Real Estate Sales (formerly FASB Statement No. 66,
“Accounting for Sales of Real Estate”). When it takes
effect, ASC Subtopic 610-20 supersedes ASC Subtopic
360-20 for real estate sales not accompanied by a leaseback and becomes the primary accounting guidance for
sales of foreclosed real estate.
This Glossary entry presents a summary of the methods
included in ASC Subtopic 360-20 for holding companies
that have not yet adopted ASC 610-20. For holding
companies that have adopted ASC Subtopic 610-20, this
Glossary entry also presents a summary of the provisions
of ASC Subtopic 610-20, which requires the application
of specified portions of ASC Topic 606, Revenue from
Contracts with Customers, to a holding company’s sale
of repossessed nonfinancial assets such as foreclosed real
estate (also referred to as other real estate owned or
OREO).
Effective Date of ASU 2014-09, including ASC Subtopic
610-20 (and ASC Topic 606)–For holding companies
that are public business entities, these standards are
effective for fiscal years beginning after December 15,
2017, including interim reporting periods within those
fiscal years. For holding companies that are not public
business entities (i.e., that are private companies), the
standards are effective for fiscal years beginning after
December 15, 2018, and interim reporting periods within
fiscal years beginning after December 15, 2019. For
further information, see the Glossary entries for “public
business entity” and “private company.” Early application of these standards is permitted for all holding
companies for fiscal years beginning after December 15,
2016, and interim reporting periods as prescribed in the
standards. A holding company that early adopts these
standards must apply them (including all of ASC Topic
606 on revenue recognition) in their entirety. If holding
Glossary

FR Y-9C
March 2017

Glossary

company chooses to early adopt these standards for
financial reporting purposes, the holding company should
implement them in its FR Y-9C report for the same
quarter-end report date.

profits on the sale are only recognized as the holding
company receives payments from the purchaser/
borrower. Interest income is recognized on an accrual
basis, when appropriate.

Accounting under ASC Subtopic 360-20–This subtopic,
which applies to all transactions in which the seller
provides financing to the buyer of the real estate, establishes the following methods to account for dispositions
of real estate. If a profit is involved in the sale of real
estate, each method sets forth the manner in which the
profit is to be recognized. Regardless of which method is
used, however, any losses on the disposition of real estate
should be recognized immediately.

The installment method is used when the buyer’s
down payment is not adequate to allow use of the full
accrual method but recovery of the cost of the
property is reasonably assured if the buyer defaults.
Assurance of recovery requires careful judgment on a
case-by-case basis. Factors which should be considered include: the size of the down payment, loan-tovalue ratios, projected cash flows from the property,
recourse provisions, and guarantees.

(1) Full Accrual Method–Under the full accrual method,
the disposition is recorded as a sale. Any profit
resulting from the sale is recognized in full and the
asset resulting from the seller’s financing of the
transaction is reported as a loan. This method may be
used when the following conditions have been met:

Since default on the loan usually results in the
seller’s reacquisition of the real estate, reasonable
assurance of cost recovery may often be achieved
with a relatively small down payment. This is especially true in situations involving loans with recourse
to borrowers who have verifiable net worth, liquid
assets, and income levels. Reasonable assurance of
cost recovery may also be achieved when the
purchaser/borrower pledges additional collateral.

(a) A sale has been consummated;
(b) The buyer’s initial investment (down payment)
and continuing investment (periodic payments)
are adequate to demonstrate a commitment to pay
for the property;
(c) The receivable is not subject to future subordination; and
(d) The usual risks and rewards of ownership have
been transferred.
Guidelines for the minimum down payment that must
be made in order for a transaction to qualify for the
full accrual method are set forth in ASC Subtopic
360-20. These vary from five percent to 25 percent of
the property’s sales value. These guideline percentages vary by type of property and are primarily based
on the inherent risk assumed for the type and characteristics of the property. To meet the continuing
investment criteria, the contractual loan payments
must be sufficient to repay the loan over the customary loan term for the type of property involved. Such
periods may range up to 30 years for loans on single
family residential property.
(2) Installment Method–Dispositions of foreclosed real
estate that do not qualify for the full accrual method
may qualify for the installment method. This method
recognizes a sale and the corresponding loan. Any
FR Y-9C
Glossary March 2017

(3) Cost Recovery Method–Dispositions of foreclosed
real estate that do not qualify for either the full
accrual or installment methods are sometimes
accounted for using the cost recovery method. This
method recognizes a sale and the corresponding loan,
but all income recognition is deferred. Principal
payments are applied as a reduction of the loan
balance and interest increases the unrecognized gross
profit. No profit or interest income is recognized until
either the aggregate payments by the borrower exceed
the recorded investment in the loan or a change to
another accounting method is appropriate (e.g.,
installment method). Consequently, the loan is maintained in nonaccrual status while this method is being
used.
(4) Reduced-Profit Method–This method is used in certain situations where the holding company receives
an adequate down payment, but the loan amortization
schedule does not meet the requirements for use of
the full accrual method. The method recognizes a
sale and the corresponding loan. However, like the
installment method, any profit is apportioned over
the life of the loan as payments are received. The
method of apportionment differs from the installment
method in that profit recognition is based on the
GL-41

Glossary

present value of the lowest level of periodic payments required under the loan agreement.

enue and the sale of the OREO in accordance with ASC
Subtopic 610-20 and ASC Topic 606.11

Since sales with adequate down payments are generally not structured with inadequate loan amortization
requirements, this method is seldom used in practice.

When applying ASC Subtopic 610-20 and Topic 606,
holding companies will need to exercise judgment in
determining whether a contract (within the meaning of
Topic 606) exists for the sale or transfer of OREO,
whether the holding company has performed its obligations identified in the contract, and what the transaction
price is for calculation of the amount of gain or loss.
These standards apply to all sales or transfers of real
estate by holding companies, but greater judgment will
generally be required for seller-financed sales of OREO.

(5) Deposit Method–The deposit method is used in situations where a sale of the foreclosed real estate has
not been consummated. It may also be used for
dispositions that could be accounted for under the
cost recovery method. Under this method a sale is not
recorded and the asset continues to be reported as
foreclosed real estate. Further, no profit or interest
income is recognized. Payments received from the
borrower are reported as a liability in Schedule HC-G
item 4, ″All other liabilities,″ until sufficient payments or other events have occurred which allow the
use of one of the other methods.
Accounting under ASC Subtopic 610-20 (and ASC Topic
606)–The amendments to ASC Subtopic 610-20, when
effective as a result of ASU 2014-09 (as discussed
above), eliminate the prescriptive criteria and methods
for sale accounting and gain recognition for dispositions
of OREO set forth in ASC Subtopic 360-20. Under ASC
Subtopic 610-20, if the buyer of the OREO is a legal
entity, a holding company should first assess whether it
has a controlling financial interest in the legal entity
buying the OREO by applying the guidance in ASC
Topic 810, Consolidation. If holding company determines that it has a controlling financial interest in the
buying legal entity, it should not derecognize the OREO
and should apply the guidance in ASC Subtopic 810-10.
When a holding company does not have a controlling
financial interest in the buying legal entity or the OREO
buyer is not a legal entity, which is expected to be the
case for most sales of OREO, the holding company will
recognize the entire gain or loss, if any, and derecognize
the OREO at the time of sale if the transaction meets
certain requirements of ASC Topic 606. Otherwise, the
holding company generally will continue reporting the
OREO as an asset, with any cash payments or other
consideration received from the individual or entity
acquiring the OREO (i.e., any down payment and any
subsequent payments of principal or interest) reported as
a liability in Schedule HC-G, item 4, “All other liabilities,” until it becomes appropriate to recognize the revGL-42

Under ASC Subtopic 610-20, when a holding company
does not have a controlling financial interest in the
buying legal entity or the OREO buyer is not a legal
entity, the holding company’s first step in assessing
whether it can derecognize an OREO asset and recognize
revenue upon the sale or transfer of the OREO is to
determine whether a contract exists under the provisions
of Topic 606. In the context of an OREO sale or transfer,
in order for a holding company’s transaction with the
party acquiring the property to be a contract under ASC
Topic 606, it must meet all the following criteria:
(a) The parties to the contract have approved the
contract (in writing, orally, or in accordance with
other customary business practices) and are committed to perform their respective obligations;
(b) The holding company can identify each party’s
rights regarding the OREO to be transferred;
(c) The holding company can identify the payment
terms for the OREO to be transferred;
(d) The contract has commercial substance (that is,
the risk, timing, or amount of the holding company’s future cash flows is expected to change as
a result of the contract); and
(e) It is probable that the holding company will
collect substantially all of the consideration to
which it will be entitled in exchange for OREO
that will be transferred to the buyer, i.e. the

11. Although ASC Topic 606 describes the consideration received (including any cash payments) using such terms as “liability,” “deposit,” and
“deposit liability,” for regulatory reporting purposes these amounts
should be reported in Schedule HC-G, item 4, and not as a deposit in
Schedule HC, item 13.

Glossary

FR Y-9C
September 2018

Glossary

transaction price. In evaluating whether collectability of an amount of consideration is probable,
a holding company shall consider only the buyer’s ability and intention to pay that amount of
consideration when it is due.
These five criteria require careful analysis for sellerfinanced sales of OREO. In particular, criteria (a) and (e)
may require significant judgment. When determining
whether the buyer is committed to perform its obligations
under criterion (a) and collectability under criterion (e), a
selling holding company should consider all facts and
circumstances related to the buyer’s ability and intent to
pay the transaction price, which may include:
• Amount of cash paid as a down payment;
• Existence of recourse provisions;
• Credit standing of the buyer;
• Age and location of the property;
• Cash flow from the property;
• Payments by the buyer to third parties;
• Other amounts paid to the selling holding company,
including current or future contingent payments;
• Transfer of noncustomary consideration (i.e., consideration other than cash and a note receivable);
• Other types of financing involved with the property or
transaction;
• Financing terms of the loan (reasonable and customary
terms, amortization, any graduated payments, any balloon payment);
• Underwriting inconsistent with the holding company’s
underwriting policies for loans not involving OREO
sales; and
• Future subordination of the selling holding company’s
receivable.
Although ASC Subtopic 610-20 does not include the
prescriptive minimum down payment requirements in
ASC Subtopic 360-20, the amount and character of a
buyer’s equity (typically the down payment) and recourse
provisions remain important factors when evaluating
criteria (a) and (e). Specifically, the buyer’s initial equity
in the property immediately after the sale is an important
consideration in determining whether a buyer is committed to perform its obligations under criterion (a). FurtherFR Y-9C
Glossary March 2017

more, the buyer’s initial equity is a factor to consider
under criterion (e) when evaluating the collectability of
consideration that the holding company is entitled to
receive from the buyer.
In applying the revenue recognition principles in ASC
Topic 606, all relevant factors are to be weighed collectively in evaluating whether the five contract criteria have
been met as the first step in determining the appropriate
accounting for a seller-financed OREO transaction. However, the agencies consider the down payment and financing terms to be of particular importance when making
this determination. A transaction with an insignificant
down payment and nonrecourse financing generally
would not meet the definition of a contract (within the
meaning of Topic 606) unless there is considerable
support from other factors. The need for support from
other factors recedes in importance for a transaction with
a substantial down payment and recourse financing to a
buyer with adequate capacity to repay.
If the five contract criteria in ASC Topic 606 have not
been met, the holding company generally may not derecognize the OREO asset or recognize revenue (gain or
loss) as an accounting sale has not occurred. The holding
company should continue to assess the transaction to
determine whether the contract criteria have been met in
a later period. Until that time, any consideration the
holding company has received from the buyer should
generally be recorded as a deposit liability. In addition, if
the transaction price is less than the carrying amount of
the OREO, the holding company should consider whether
this indicates a decline in fair value of the OREO that
should be recognized as a valuation allowance, or an
increase in an existing valuation allowance, and through
a charge to expense as discussed above in this Glossary
entry.
If a holding company determines the contract criteria in
ASC Topic 606 have been met, it must then determine
whether it has satisfied its performance obligations as
identified in the contract by transferring control of the
asset to the buyer. Control of an asset refers to the ability
to direct the use of, and obtain substantially all of the
remaining benefits from, the asset. As it relates to a
holding company’s sale of OREO, ASC Topic 606
includes the following indicators of the transfer of control:
(a) The holding company has a present right to
payment for the asset;
GL-43

Glossary

(b) The buyer has legal title to the asset;
(c) The holding company has transferred physical
possession of the asset;
(d) The buyer has the significant risks and rewards of
ownership of the asset; and
(e) The buyer has accepted the asset.
For seller-financed sales of OREO, the transfer of control
generally occurs on the closing date of the sale when the
holding company obtains the right to receive payment for
the property and transfers legal title to the buyer. However, a holding company must consider all relevant facts
and circumstances to determine whether control of the
OREO has transferred, which may include the selling
holding company’s:
• Involvement with the property following the transaction;
• Obligation to repurchase the property in the future;
• Obligation to provide support for the property following the sale transaction; and
• Retention of an equity interest in the property.
In particular, if a holding company has the obligation or
right to repurchase the OREO, the buyer does not obtain
control of the OREO because the buyer is limited in its
ability to direct the use of, and obtain substantially all of
the remaining benefits from, the asset even though it may
have physical possession. In this situation, a holding
company should account for the contract as either a lease
in accordance with ASC Topic 840, Leases, or a financing arrangement in accordance with ASC Topic 606. In
addition, situations may exist where the selling holding
company has legal title to the OREO, while the borrower
whose property was foreclosed upon under the original
loan still has redemption rights to reclaim the property in
the future. If such redemption rights exist, the selling
holding company may not be able to transfer control to
the buyer of the OREO and recognize revenue until the
redemption period expires.
When a contract exists and a holding company has
transferred control of the property, the holding company
should derecognize the OREO asset and recognize a gain
or loss for the difference between the transaction price
and the carrying amount of the OREO asset. Generally,
the transaction price in a sale of OREO will be the
contract amount in the purchase/sale agreement, includGL-44

ing for a seller-financed sale financed at market terms.
However, the transaction price may differ from the
amount stated in the contract due to the existence of a
significant financing component. Under the new standard, a significant financing component exists if the
timing of the buyer’s payments explicitly or implicitly
provides the selling holding company or the buyer with a
significant benefit of financing the transfer of the OREO.
A seller-financed transaction of OREO at off-market
terms generally indicates the existence of a significant
financing component. If a significant financing component exists, the contract amount should be adjusted for
the time value of money to reflect what the cash selling
price of the OREO would have been at the time of its
transfer to the buyer. The discount rate used in adjusting
for the time value of money should be a market rate of
interest considering the credit characteristics of the buyer
and the terms of the financing.
Foreign Banks: See ‘‘Banks, U.S. and foreign.’’
Foreign Central Banks: The term ‘‘foreign central
banks’’ covers: central banks in foreign countries; departments of foreign central governments that have, as an
important part of their functions, activities similar to
those of a central bank; nationalized banks and banking
institutions owned by central governments that have, as
an important part of their functions, activities similar to
those of a central bank; and the Bank for International
Settlements (BIS).
Foreign Currency Transactions and Translation: Foreign currency transactions are transactions occurring in
the ordinary course of business (e.g., purchases, sales,
borrowings, lendings, forward exchange contracts)
denominated in currencies other than the office’s functional currency (as described below).
Foreign currency translation, on the other hand, is the
process of translating financial statements from the foreign office’s functional currency into the reporting currency. Such translation normally is performed only at
reporting dates.
A functional currency is the currency of the primary
economic environment in which an office operates. For
most consolidated holding companies, the functional
currency will be the U.S. dollar. However, if a consolidated holding company has foreign offices, one or more
foreign offices may have a functional currency other than
the U.S. dollar.
Glossary

FR Y-9C
March 2017

Glossary

Accounting for foreign currency transactions—A change
in exchange rates between the functional currency and
the currency in which a transaction is denominated will
increase or decrease the amount of the functional currency expected to be received or paid. These increases or
decreases in the expected functional currency cash flow
are to be reported as foreign currency transaction gains
and losses and are to be included in the determination of
the income of the period in which the transaction takes
place, or if the transaction has not yet settled, the period
in which the rate change takes place.
Except for foreign currency derivatives and transactions
described in the following section, holding companies
should consistently report net gains (losses) from foreign
currency transactions other than trading transactions in
Schedule HI, item 5(l), ‘‘Other noninterest income,’’ or
item 7(d), ‘‘Other noninterest expense.’’ Net gains (losses)
from foreign currency trading transactions should be
reported in Schedule HI, item 5(c), ‘‘Trading revenue.’’
Foreign currency transaction gains or losses to be
excluded from the determination of net income—Gains
and losses on the following foreign currency transactions
shall not be included in ‘‘Noninterest income’’ or ‘‘Noninterest expense,’’ but shall be reported in the same
manner as translation adjustments (as described below):
(1) Foreign currency transactions that are designated as,
and are effective as, economic hedges of a net
investment in a foreign office.
(2) Intercompany foreign currency transactions that are
of a long-term investment nature (i.e., settlement is
not planned or anticipated in the foreseeable future),
when the parties to the transaction are consolidated,
combined, or accounted for by the equity method in
the holding company’s FR Y-9C.
In addition, the entire change in the fair value of foreigncurrency-denominated available-for-sale debt securities
should not be included in ‘‘Realized gains (losses) on
available-for-sale debt securities’’ (Schedule HI, item
6(b)), but should be reported in Schedule HI-A, item 12,
‘‘Other comprehensive income.’’ These fair value changes
should be accumulated in the ‘‘Net unrealized holding
gains (losses) on available-for-sale securities’’ component of ‘‘Accumulated other comprehensive income’’ in
Schedule HC, item 26(b). However, if a decline in fair
value of a foreign-currency-denominated available-forsale debt security is judged to be other than temporary,
FR Y-9C
Glossary March 2017

the cost basis of the individual security shall be written
down to fair value as a new cost basis and the amount of
the write-down shall be included in earnings (Schedule
HI, item 6(b)).
See the Glossary entry for ‘‘derivative contracts’’ for
information on the accounting and reporting for foreign
currency derivatives.
Accounting for foreign currency translation (applicable
only to holding companies with foreign offıces)— The FR
Y-9C must be reported in U.S. dollars. Balances of
foreign subsidiaries or branches of the reporting holding
company denominated in a functional currency other
than U.S. dollars shall be converted to U.S. dollar equivalents and consolidated into the reporting holding company’s FR Y-9C. The translation adjustments for each
reporting period, determined utilizing the current rate
method, may be reported in ‘‘Other comprehensive
income’’ in Schedule HI-A of the Report of Income for
Holding Companies. Amounts accumulated in the ‘‘Accumulated other comprehensive income’’ component of
equity capital in Schedule HC will not be included in the
holding company’s results of operations until such time
as the foreign office is disposed of, when they will be
used as an element to determine the gain or loss on
disposition.
For further guidance, refer to ASC Topic 830, Foreign
Currency Matters (formerly FASB Statement No. 52,
Foreign Currency Translation).
Foreign Debt Exchange Transactions: Foreign debt
exchange transactions generally fall into three categories:
(1) loan swaps, (2) debt/equity swaps, and (3) debt-fordevelopment swaps. These transactions are to be reported
in the FR Y-9C in accordance with generally accepted
accounting principles as summarized below. The accounting pronouncements mentioned below should be consulted for more detailed reporting guidance in these
areas.
Generally accepted accounting principles require that
these transactions be reported at their fair value. There is
a significant amount of precedent in the accounting for
exchange transactions to consider both the fair value of
the consideration given up as well as the fair value of the
assets received in arriving at the most informed valuation, especially if the value of the consideration given up
is not readily determinable or may not be a good indicator of the value received. It is the responsibility of
management to make the valuation considering all of the
GL-45

Glossary

circumstances. Such valuations are subject to examiner
review.
Among the factors to consider in determining fair values
for foreign debt exchange transactions are:
(1) Similar transactions for cash;
(2) Estimated cash flows from the debt or equity instruments or other assets received;
(3) Market values, if any, of similar instruments; and
(4) Currency restrictions, if any, affecting payments on
or sales of the debt or equity instruments, local
currency, or other assets received, including where
appropriate those affecting the repatriation of capital.
Losses arise from swap transactions when the fair value
determined for the transaction is less than the recorded
investment in the sovereign debt and other consideration
paid, if any. Such losses should generally be charged to
the allowance for loan and lease losses (or allocated
transfer risk reserve, if appropriate) and must include any
discounts from official exchange rates that are imposed
by sovereign obligors as transaction fees. All other fees
and transaction costs involved in such transactions must
be charged to expense as incurred.
Loss recoveries or even gains might be indicated in a
swap transaction as a result of the valuation process.
However, due to the subjective nature of the valuation
process, such loss recoveries or gains ordinarily should
not be recorded until the debt or equity instruments,
local currency, or other assets received in the exchange
transaction are realized in unrestricted cash or cash
equivalents.
Loan swaps—Foreign loan swaps, or debt/debt swaps,
involve the exchange of one foreign loan for another.
This type of transaction represents an exchange of monetary assets that must be reported at current fair value.
Normally, when monetary assets are exchanged, with or
without additional cash payments, and the parties have
no remaining obligations to each other, the earnings
process is complete.
Debt/equity swaps—The reporting treatment for this type
of transaction is presented in the ASC Subtopic 942-310,
Financial Services-Depository and Lending – Receivables (formerly AICPA Practice Bulletin No. 4, Accounting for Foreign Debt/Equity Swaps).
A foreign debt/equity swap represents an exchange of
GL-46

monetary for nonmonetary assets that must be measured
at fair value. This type of swap is typically accomplished
when holders of U.S. dollar-denominated sovereign debt
agree to convert that debt into approved local equity
investments. The holders are generally credited with
local currency at the official exchange rate. A discount
from the official exchange rate is often imposed as a
transaction fee. The local currency is generally not
available to the holders for any purposes other than
approved equity investments. Restrictions may be placed
on dividends on the equity investments and capital
usually cannot be repatriated for several years.
In arriving at the fair value of the transaction, both the
secondary market price of the debt given up and the fair
value of the equity investment or assets received should
be considered.
Debt-for-development swaps—In this type of exchange,
sovereign debt held by a holding company is generally
purchased by a nonprofit organization or contributed to
the nonprofit the nonprofit organization. When the sovereign debt is purchased by or donated to a nonprofit
organization, the organization may enter into an agreement with the debtor country to cancel the debt in return
for the country’s commitment to provide local currency
or other assets for use in connection with specific projects
or programs in that country. Alternatively, a holding
company may exchange the sovereign debt with the
country and receive local currency. In this alternative, the
local currency will be donated or sold to the nonprofit
organization for use in connection with specific projects
or programs in that country.
These transactions, including amounts charged to expense
as donations, must be reported at their fair values in
accordance with generally accepted accounting principles applicable to foreign debt exchange transactions.
This includes appropriate consideration of the market
value of the instruments involved in the transaction and
the fair value of any assets received, taking into account
any restrictions that would limit the use of the assets. In
debt-for-development swaps where a holding company
receives local currency in exchange for the sovereign
loan it held and the local currency has no restrictions on
its use and is freely convertible, it is generally appropriate for fair value to be determined by valuing the local
currency received at its fair market exchange value.
Foreign Governments and Official Institutions: Foreign governments and official institutions are central,
Glossary

FR Y-9C
December 2016

Glossary

state, provincial, and local governments in foreign countries and their ministries, departments, and agencies.
These include treasuries, ministries of finance, central
banks, development banks, exchange control offices, stabilization funds, diplomatic establishments, fiscal agents,
and nationalized banks and other banking institutions that
are owned by central governments and that have as an
important part of their function activities similar to those
of a treasury, central bank, exchange control office, or
stabilization fund. For purposes of these reports, other
government-owned enterprises are not included.
Also included as foreign official institutions are international, regional, and treaty organizations, such as the
International Monetary Fund, the International Bank
for Reconstruction and Development (World Bank), the
Bank for International Settlements, the Inter-American
Development Bank, and the United Nations.
Foreign Office: For purposes of these reports, a foreign
office of the reporting holding company is a branch or
consolidated subsidiary located in a foreign country; an
Edge or Agreement subsidiary, including both its U.S.
and its foreign offices; or an IBF. In addition, if the
reporting holding company is chartered and headquartered in the 50 states of the United States and the District
of Columbia, a branch or consolidated subsidiary located
in Puerto Rico or a U.S. territory or possession is a
foreign office. Branches of bank subsidiaries on U.S.
military facilities wherever located are treated as domestic offices, not foreign offices.
Forward Contract: See ‘‘Futures, forward, and standby
contracts.’’
Functional Currency: See ‘‘Foreign currency trans
actions and translation.’’
Futures, Forward, and Standby Contracts: Futures
and forward contracts are commitments for delayed
delivery of financial instruments or commodities in which
the buyer agrees to purchase and the seller agrees to
make delivery, at a specified future date, of a specified
instrument at a specified price or yield.
Futures contracts are standardized and are traded on
organized exchanges. Exchanges in the U.S. are registered
with and regulated by the Commodity Futures Trading
Commission. Forward contracts are traded over the counter and their terms are not standardized. Such contracts can
only be terminated, other than by receipt of the underlying
financial instrument or commodity, by agreement of both
FR Y-9C
Glossary December 2016

buyer and seller. Standby contracts and other option
arrangements are optional forward contracts. The buyer of
such a contract has, for compensation (such as a fee or
premium), acquired the right (or option) to sell to, or
purchase from, another party some financial instrument or
commodity at a stated price on a specified future date. The
seller of the contract has, for such compensation, become
obligated to purchase or sell the financial instrument or
commodity at the option of the buyer of the contract. Such
contracts may relate to purchases or sales of securities,
money market instruments, or futures contracts.
A standby contract or put option is an optional delivery
forward placement contract. It obligates the seller of the
contract to purchase some financial instrument at the
option of the buyer of the contract.
A call option is an optional forward purchase contract. It
obligates the seller of the contract to sell some financial
instrument at the option of the buyer of the contract.
FR Y-9C treatment of open contracts—Contracts are
outstanding (i.e., open) until they have been terminated
by acquisition or delivery of the underlying financial
instruments or, for futures contracts, by offset, or, for
standby contracts and other option arrangements, by
expiring unexercised. (‘‘Offset’’ is the purchase and sale
of an equal number of futures contracts on the same
underlying instrument for the same delivery month
executed through the same broker or dealer and executed
on the same exchange.)
The reporting of these contracts should follow the
accounting outlined in ASC Topic 815, Derivatives and
Hedging (formerly FAS 133) and disclosed in Schedule
HC-L.
Goodwill: According to ASC Topic 805, Business Combinations (formerly FASB Statement No. 141 (revised
2007), ‘‘Business Combinations’’), goodwill is an asset
representing the future economic benefits arising from
other assets acquired in a business combination that are
not individually identified and separately recognized.
The private company accounting alternative for identifiable intangible assets acquired in a business combination
is discussed in a subsection of this Glossary entry. In
addition, see “acquisition method” in the Glossary entry
for “business combinations” for guidance on the recognition and initial measurement of goodwill acquired in a
business combination.
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Glossary

Subsequent Measurement of Goodwill - Goodwill should
not be amortized, but must be tested for impairment at the
reporting unit level at least annually, unless a holding
company meets the definition of a private company, as
defined in U.S. GAAP, and elects the goodwill amortization accounting alternative described below. Any impairment losses recognized on goodwill during the year-todate reporting period should be reported in Schedule HI,
item 7(c)(1), ‘‘Goodwill impairment losses,’’ except those
impairment losses associated with discontinued operations, which should be reported on a net-of-tax basis in
Schedule HI, item 11. Goodwill, net of any impairment
losses, should be reported on the balance sheet in Schedule HC, item 10 and in Schedule HC-M, item 12.b.
Private Company Accounting Alternative for Goodwill ASC Subtopic 350-20, Intangibles Goodwill and Other –
Goodwill (formerly FASB Statement No. 142, “Goodwill
and Other Intangible Assets”), generally permits a private company, as defined in U.S. GAAP, to elect an
accounting alternative for goodwill under which goodwill is amortized on a straight-line basis over a period of
ten years (or less than ten years if more appropriate) and
a simplified impairment model is applied to goodwill. In
addition, if a private company chooses to adopt the
goodwill accounting alternative, the private company is
required to make an accounting policy election to test
goodwill for impairment at either the entity level or the
reporting unit level. Goodwill must be tested for impairment when a triggering event occurs that indicates that
the fair value of an entity or a reporting unit, as appropriate under the private company’s accounting policy election, may be below its carrying amount. U.S. GAAP for a
public business entity does not permit goodwill to be
amortized, instead requiring goodwill to be tested for
impairment at the reporting unit level annually and
between annual tests in certain circumstances. For information on the distinction between a private company and
a public business entity, see the Glossary entry for
“public business entity.”
A holding company that meets the definition of a private
company is permitted, but not required, to adopt the
goodwill amortization accounting alternative. If a private
institution issues U.S. GAAP financial statements and
chooses to adopt the private company alternative, it
should apply the goodwill accounting alternative in its
FR Y-9C in a manner consistent with its reporting of
goodwill in its financial statements.
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Goodwill amortization expense should be reported in
item 7.c.(1) of the FR Y-9C Report income statement
(Schedule HI) unless the amortization is associated with
a discontinued operation, in which case the goodwill
amortization should be included within the results of
discontinued operations and reported in Schedule HI,
item 11.
Goodwill Impairment Testing - ASC Subtopic 350-20,
provides guidance for testing and reporting goodwill
impairment losses, a summary of which follows. Impairment is the condition that exists when the carrying
amount of goodwill exceeds its implied fair value.
Because the fair value of goodwill can be measured only
as a residual and cannot be measured directly, ASC
Subtopic 350-20 includes a methodology for estimating
the implied fair value of goodwill for impairment measurement purposes.
The holding company’s goodwill must be tested for
impairment using the holding company’s reporting units
(unless the holding company is a private company that
has elected the goodwill accounting alternative and has
made an accounting policy election to test goodwill for
impairment at the entity level). Goodwill should be
assigned to reporting units in accordance with ASC
Subtopic 350-20. The holding company itself may be a
reporting unit.
Goodwill of a reporting unit must be tested for impairment annually and between annual tests upon the occurance of a triggering event, i.e., if an event occurs or
circumstances change that would more likely than not
reduce the fair value of a reporting unit below its carrying
amount. However, if a holding company is a private
company that has elected the goodwill accounting alternative, goodwill must be tested for impairment only upon
the occurrence of a triggering event. Examples of such
events or circumstances include a significant adverse
change in the business climate, unanticipated competition, a loss of key personnel, and a more-likely-than-not
expectation that a reporting unit or a significant portion
of a reporting unit will be sold or otherwise disposed of.
In addition, goodwill must be tested for impairment after
a portion of goodwill has been allocated to a business to
be disposed of.
When testing the goodwill of a reporting unit12 for
impairment, an institution has the option of first assessing
12. For purposes of the discussions of goodwill impairment testing, the

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Glossary

qualitative factors to determine whether it is necessary to
perform the two-step quantitative goodwill impairment
test described in ASC Subtopic 350-20. If determined to
be necessary, the twostep impairment test shall be used to
identify potential goodwill impairment and measure the
amount of a goodwill impairment loss to be recognized
(if any). However, an institution may choose to bypass
the qualitative assessment option for any reporting unit in
any period and proceed directly to performing the twostep quantitative goodwill impairment test described
below.
Qualitative Assessment - If an institution performs a
qualitative assessment and, after considering all relevant
events and circumstances, determines it is not more
likely than not that the fair value of a reporting unit is less
than its carrying amount (including goodwill), then the
institution does not need to perform the two-step quantitative goodwill impairment test. In other words, if it is
more likely than not that the fair value of a reporting unit
is greater than its carrying amount; an institution would
not have to quantitatively test the unit’s goodwill for
impairment. However, if the institution instead concludes
that the opposite is true (that is, it is more likely than not
that the fair value of a reporting unit is less than its
carrying amount), then it is required to perform the
two-step quantitative goodwill impairment test described
below.
ASC Subtopic 350-20 includes examples of events and
circumstances that an institution should consider in
evaluating whether it is more likely than not that the fair
value of a reporting unit is less than its carrying amount.
Because the examples are not all-inclusive, other relevant
events and circumstances also must be considered.
Quantitative Impairment Test • Step 1: The first step of the goodwill impairment test
compares the fair value of a reporting unit13 with its
carrying amount, including goodwill. If the carrying
qualitative assessment, and the quantitative impairment test, if a
holding company is a private company that has elected the goodwill
accounting alternative and also has elected to test goodwill for impairment at the entity level, references to the reporting unit should be read
as references to the entity.
13. The fair value of a reporting unit is the price that would be received to
sell the unit as a whole in an orderly transaction between market
participants at the measurement date.
FR Y-9C
Glossary March 2016

amount of a reporting unit is greater than zero14 and its
fair value exceeds its carrying amount, the reporting
unit’s goodwill is considered not impaired and the
second step of the impairment test is unnecessary.
However, if the carrying amount of a reporting unit
exceeds its fair value, the second step of the goodwill
impairment test must be performed to measure the
amount of impairment loss, if any.
• Step 2: The second step of the goodwill impairment
test compares the implied fair value of the reporting
unit’s goodwill15 with the carrying amount of that
goodwill. If the implied fair value of the reporting
unit’s goodwill exceeds the carrying amount of that
goodwill, the goodwill is considered not impaired. In
contrast, if the carrying amount of the reporting unit’s
goodwill exceeds the implied fair value of that goodwill, an impairment loss must be recognized in earnings in an amount equal to that excess. The loss
recognized cannot exceed the carrying amount of the
reporting unit’s goodwill.
After an impairment loss is recognized on a reporting
unit’s goodwill, the adjusted carrying amount of that
goodwill (i.e., the carrying amount of the goodwill before
recognizing the impairment loss less the amount of the
impairment loss) shall be its new accounting basis.
Subsequent reversal of a previously recognized goodwill
impairment loss is prohibited once the measurement of
that loss is completed.
Disposal of a Reporting Unit or a Business - When a
reporting unit is to be disposed of in its entirety, goodwill
of that reporting unit (or a portion of the entity if the
institution is a private company that has elected the
goodwill accounting alternative and also has elected to
test goodwill for impairment at the entity level) must be
included in the carrying amount of the reporting unit
when determining the gain or loss on disposal. When a
portion of a reporting unit that constitutes a business is to
be disposed of, goodwill associated with that business
14. An institution should refer ASC Subtopic 350-20 for guidance on
applying the quantitative impairment test if the carrying amount of a
reporting unit is zero or negative.
15. The implied fair value of goodwill should be determined in the same
manner as the amount of goodwill recognized in a business combination is determined. That is, an institution must assign the fair value of a
reporting unit to all of the assets and liabilities of that unit (including
any unrecognized intangible assets) as if the reporting unit had been
acquired in a business combination.

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Glossary

must be included in the carrying amount of the business
in determining the gain or loss on disposal. Otherwise, an
institution may not remove goodwill from its balance
sheet, for example, by “selling” or “dividending” this
asset to its parent holding company or another affiliate.
Accounting by Private Companies for Identifiable Intangible Assets Acquired in a Business Combination – ASC
Subtopic 805-20, Business Combinations – Identifiable
Assets and Liabilities, and Any Noncontrolling Interest,
provides an accounting alternative that permits a private
company, as defined in U.S. GAAP, to simplify the
accounting for certain intangible assets. This accounting
alternative applies when a private company is required to
recognize or otherwise consider the fair value of intangible assets as a result of certain transactions, including
when applying the acquisition method to a business
combination under ASC Topic 805. A private company
that elects the accounting alternative for identifiable
intangible assets should no longer recognize separately
from goodwill:
• Customer-related intangible assets unless they are
capable of being sold or licensed independently from
the other assets of a business, and
• Noncompetition agreements.
However, because mortgage servicing rights and core
deposit intangibles are regarded as capable of being sold
or licensed independently, a private company that elects
this accounting alternative must recognize these intangible assets separately from goodwill, initially measure
them at fair value, and subsequently measure them in
accordance with ASC Topic 350.
A private company that elects the accounting alternative
for identifiable intangible assets in ASC Subtopic 805-20
also must adopt the private company goodwill accounting alternative in ASC Subtopic 350-20, which is
described above in this Glossary entry. However, a
private company that elects the goodwill accounting
alternative in ASC Subtopic 350-20 is not required to
adopt the accounting alternative for identifiable intangible assets.
A private company’s decision to adopt the accounting
alternative for identifiable intangible assets must be made
upon the occurrence of the first business combination (or
other transaction within the scope of the alternative) in
fiscal years beginning after December 15, 2015. The
effective date of the private company’s decision to adopt
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the accounting alternative for identifiable intangible
assets depends on the timing of that first transaction as
described in the applicable transition guidance in ASC
Subtopic 805-2016. Customer-related intangible assets
and noncompetition agreements that exist as of the
beginning of the period of adoption should continue to be
accounted for separately from goodwill, i.e., such existing intangible assets should not be combined with goodwill.
If a holding company that is a private company issues
U.S. GAAP financial statements and adopts the accounting alternative for identifiable intangible assets, it should
apply this accounting alternative in its FR Y-9C report in
a manner consistent with its reporting of intangible assets
in its financial statements.
Hypothecated Deposit: A hypothecated deposit is the
aggregation of periodic payments on an installment contract received by a reporting institution in a state in
which, under law, such payments are not immediately
used to reduce the unpaid balance of the installment note,
but are accumulated until the sum of the payments equals
the entire amount of principal and interest on the contract, at which time the loan is considered paid in full. For
purposes of these reports, hypothecated deposits are to be
netted against the related loans. Deposits which simply
serve as collateral for loans are not considered hypothecated deposits for purposes of these reports.
See also: ‘‘Deposits.’’
IBF: See ‘‘International Banking Facility (IBF).’’
Income Taxes: All holding companies, regardless of
size, are required to report income taxes (federal, state
and local, and foreign) in the FR Y-9C on an accrual
basis. Note that, in almost all cases, applicable income
taxes as reported in Schedule HI on the Report of Income
for Holding Companies will differ from amounts reported
to taxing authorities. The applicable income tax expense
16. If the first transaction occurs in the private company’s first fiscal year
beginning after December 15, 2015, the adoption of the accounting
alternative will be effective for that fiscal year’s annual financial
reporting period and all interim and annual periods thereafter. If the
first transaction occurs in a fiscal year beginning after December 15,
2016, the adoption of the accounting alternative will be effective in the
interim period that includes the date of the transaction and subsequent
interim and annual periods thereafter. Early application of the intangibles accounting alternative is permitted for any annual or interim
period for which a private company’s financial statements have not yet
been made available for issuance.

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March 2016

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or benefit that is reflected in the Report of Income for
Holding Companies should include both taxes currently
paid or payable (or receivable) and deferred income
taxes. The following discussion of income taxes is based
on ASC Topic 740, Income Taxes (formerly FASB
Statement No. 109, Accounting for Income Taxes, and
FASB Interpretation No. 48, Accounting for Uncertainty
in Income Taxes).
Applicable income taxes in the year-end Report of
Income for Holding Companies shall be the sum of the
following:
(1) Taxes currently paid or payable (or receivable) for
the year determined from the holding company’s
federal, state, and local income tax returns for that
year. Since the holding company’s tax returns will
not normally be prepared until after the year-end FR
Y-9C has been completed, the holding company
must estimate the amount of the current income tax
liability (or receivable) that will ultimately be reported
on its tax returns. Estimation of this liability (or
receivable) may involve consultation with the holding company’s tax advisers, a review of the previous
year’s tax returns, the identification of significant
expected differences between items of income and
expense reflected on the Report of Income for Holding Companies and on the tax returns, and the
identification of expected tax credits.)
and
(2) Deferred income tax expense or benefit measured as
the change in the net deferred tax assets or liabilities
for the period reported. Deferred tax liabilities and
assets represent the amount by which taxes payable
(or receivable) are expected to increase or decrease in
the future as a result of ‘‘temporary differences’’ and
net operating loss or tax credit carryforwards that
exist at the reporting date.
The actual tax liability (or receivable) calculated on the
holding company’s tax returns may differ from the estimate reported as currently payable or receivable on the
year-end Report of Income for Holding Companies. An
amendment to the holding company’s year-end and subsequent FR Y-9Cs may be appropriate if the difference is
significant. Minor differences should be handled as accrual
adjustments to applicable income taxes in Reports of
Income during the year the differences are detected. The
reporting of applicable income taxes in the Report of
FR Y-9C
Glossary March 2016

Income for Holding Companies for report dates other than
year-end is discussed below under ‘‘interim period applicable income taxes.’’
When determining the current and deferred income tax
assets and liabilities to be reported in any period, a holding
company’s income tax calculation contains an inherent
degree of uncertainty surrounding the realizability of the
tax positions included in the calculation. The term ‘‘tax
position’’ refers to a position in a previously filed tax
return or a position expected to be taken in a future tax
return that is reflected in measuring current or deferred
income tax assets and liabilities. A tax position can result
in a permanent reduction of income taxes payable, a
deferral of income taxes otherwise currently payable to
future years, or a change in the expected realizability of
deferred tax assets. For each tax position taken or expected
to be taken in a tax return, a holding company must
evaluate whether the tax position is more likely than not,
i.e., more than a 50 percent probability, to be sustained
upon examination by the appropriate taxing authority,
including resolution of any related appeals or litigation
processes, based on the technical merits of the position. In
evaluating whether a tax position has met the more-likelythan-not recognition threshold, a holding company should
presume that the taxing authority examining the position
will have full knowledge of all relevant information. A
holding company’s assessment of the technical merits of a
tax position should reflect consideration of all relevant
authoritative sources, e.g., tax legislation and statutes,
legislative intent, regulations, rulings, and case law, and
reflect the holding company’s determination of the applicability of these sources to the facts and circumstances of
the tax position. A holding company must evaluate each
tax position without consideration of the possibility of an
offset or aggregation with other positions. No tax benefit
can be recorded for a tax position that fails to meet the
more-likely-than-not recognition threshold.
Each tax position that meets the more-likely-than-not
recognition threshold should be measured to determine
the amount of benefit to recognize in the FR Y-9C. The
tax position is measured as the largest amount of tax
benefit that is greater than 50 percent likely of being
realized upon ultimate settlement with a taxing authority
that has full knowledge of all relevant information. When
measuring the tax benefit, a holding company must
consider the amounts and probabilities of the outcomes
that could be realized upon ultimate settlement using the
facts, circumstances, and information available at the
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Glossary

reporting date. A holding company may not use the
valuation allowance associated with any deferred tax
asset as a substitute for measuring this tax benefit or as an
offset to this amount.
If a holding company’s assessment of the merits of a tax
position subsequently changes, the holding company
should adjust the amount of tax benefit it has recognized
and accrue interest and penalties for any underpayment
of taxes in accordance with the tax laws of each applicable jurisdiction. In this regard, a tax position that previously failed to meet the more-likely-than-not recognition
threshold should be recognized in the first subsequent
quarterly reporting period in which the threshold is met.
A previously recognized tax position that no longer
meets the more-likely-than-not recognition threshold
should be derecognized in the first subsequent quarterly
reporting period in which the threshold is no longer met.
Temporary differences result when events are recognized
in one period on the holding company’s books but are
recognized in another period on the holding company’s
tax return. These differences result in amounts of income
or expense being reported in the Report of Income for
Holding Companies in one period but in another period
in the tax returns. There are two types of temporary
differences. Deductible temporary differences reduce taxable income in future periods. Taxable temporary differences result in additional taxable income in future
periods.
For example, a holding company’s provision for loan and
lease losses is expensed for financial reporting purposes
in one period. However, for some holding companies,
this amount may not be deducted for tax purposes until
the loans are actually charged off in a subsequent period.
This deductible temporary difference ‘‘originates’’ when
the provision for loan and lease losses is recorded in the
financial statements and ‘‘turns around’’ or ‘‘reverses’’
when the loans are subsequently charged off, creating tax
deductions. Other deductible temporary differences
include writedowns of other real estate owned, the recognition of loan origination fees, and other postemployment
benefits expense.
Depreciation can result in a taxable temporary difference
if a holding company uses the straight-line method to
determine the amount of depreciation expense to be
reported in the Report of Income for Holding Companies
but uses an accelerated method for tax purposes. In the
early years, tax depreciation under the accelerated method
GL-52

will typically be larger than book depreciation under the
straight-line method. During this period, a taxable temporary difference originates. Tax depreciation will be less
than book depreciation in the later years when the
temporary difference reverses. Therefore, in any given
year, the depreciation reported in the Report of Income
for Holding Companies will differ from that reported in
the holding company’s tax returns. However, total depreciation taken over the useful life of the asset will be the
same under either method. Other taxable temporary
differences include the undistributed earnings of unconsolidated subsidiaries and associated companies and
amounts funded to pension plans that exceed the recorded
expense.
Some events do not have tax consequences and therefore
do not give rise to temporary differences. Certain revenues are exempt from taxation and certain expenses are
not deductible. These events were previously known as
‘‘permanent differences.’’ Examples of such events (for
federal income tax purposes) are interest received on
certain obligations of states and political subdivisions in
the U.S., premiums paid on officers’ life insurance policies where the holding company is the beneficiary, and
70 percent of cash dividends received on the corporate
stock of domestic U.S. corporations owned less than 20
percent.
Deferred tax assets shall be calculated at the report date
by applying the ‘‘applicable tax rate’’ (defined below) to
the holding company’s total deductible temporary differences and operating loss carryforwards. A deferred tax
asset shall also be recorded for the amount of tax credit
carryforwards available to the holding company. Based
on the estimated realizability of the deferred tax asset, a
valuation allowance should be established to reduce the
recorded deferred tax asset to the amount that is considered ‘‘more likely than not’’ (i.e., greater than 50 percent
chance) to be realized.
Deferred tax liabilities should be calculated by applying
the ‘‘applicable tax rate’’ to total taxable temporary
differences at the report date.
Net operating loss carrybacks and carryforwards and tax
credit carryforwards–When a holding company’s deductions exceed its income for income tax purposes, it has
sustained a net operating loss. To the extent permitted
under a taxing authority’s laws and regulations, a net
operating loss that occurs in a year following periods
when the holding company had taxable income may be
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carried back to recover income taxes previously paid.
The tax effects of any loss carrybacks that are realizable
through a refund of taxes previously paid is recognized in
the year the loss occurs. In this situation, the applicable
income taxes on the Report of Income for Holding
Companies will reflect a credit rather than an expense.
For tax years beginning before January 1, 2018, a holding
company may carry back operating losses for two years
for federal income tax purposes. However, in general, for
tax years beginning on or after January 1, 2018, a holding
company may no longer carry back operating losses to
recover taxes paid in prior tax years.
Generally, a net operating loss that occurs when loss
carrybacks are not available becomes a net operating loss
carryforward. For tax years beginning before January 1,
2018, a holding company may carry operating losses
forward 20 years for federal income tax purposes. For tax
years beginning on or after January 1, 2018, net operating
losses can be carried forward indefinitely for federal
income tax purposes; however, for net operating losses
arising in such tax years, the amount of loss that can be
carried forward and deducted in a particular year is
limited to 80 percent of a bank’s taxable income in that
year.
Tax credit carryforwards are tax credits which cannot be
used for tax purposes in the current year, but which can
be carried forward to reduce taxes payable in a future
period.
Deferred tax assets are recognized for net operating loss
and tax credit carryforwards just as they are for deductible temporary differences. As a result, a holding company can recognize the benefit of a net operating loss for
tax purposes or a tax credit carryforward to the extent the
holding company determines that a valuation allowance
is not considered necessary (i.e., if the realization of the
benefit is more likely than not).
Applicable tax rate–The income tax rate to be used in
determining deferred tax assets and liabilities is the rate
under current tax law that is expected to apply to taxable
income in the periods in which the deferred tax assets or
liabilities are expected to be realized or paid. For tax
years beginning on or after January 1, 2018, the federal
corporate tax rate is a flat 21 percent rate. This flat rate
replaced the graduated federal corporate tax rate structure
that applied in prior tax years. If a holding company is
subject to graduated tax rates and the holding company’s
income level is such that graduated tax rates are a
FR Y-9C
Glossary September 2018

significant factor, then the holding company shall use the
average graduated tax rate applicable to the amount of
estimated taxable income in the period in which the
deferred tax asset or liability is expected to be realized or
settled. When the tax law changes, holding companies
shall determine the effect of the change, adjust the
deferred tax asset or liability and include the effect of the
change in Schedule HI, item 9, ‘‘Applicable income taxes
(foreign and domestic).’’
Valuation allowance–A valuation allowance must be
recorded, if needed, to reduce the amount of deferred tax
assets to an amount that is more likely than not to be
realized. Changes in the valuation allowance generally
shall be reported in Schedule HI, item 9, ‘‘Applicable
income taxes (foreign and domestic).’’ The following
discussion of the valuation allowance relates to the
allowance, if any, included in the amount of net deferred
tax assets or liabilities to be reported on the balance sheet
(Schedule HC) and in Schedule HC-F, item 2, or Schedule HC-G, item 2. This discussion does not address the
determination of the amount of deferred tax assets, if any,
that is disallowed for regulatory capital purposes and
reported in Schedule HC-R, Part I, items 8, 15, and 16.
Holding companies must consider all available evidence,
both positive and negative, in assessing the need for a
valuation allowance. The future realization of deferred
tax assets ultimately depends on the existence of sufficient taxable income of the appropriate character in either
the carryback or carryforward period. Four sources of
taxable income may be available to realize the deferred
tax assets:
(1) Taxable income in carryback years (which can be
offset to recover taxes previously paid),
(2) Reversing taxable temporary differences,
(3) Future taxable income (exclusive of reversing temporary differences and carryforwards).
(4) Tax-planning strategies.
In general, positive evidence refers to the existence of
one or more of the four sources of taxable income. To the
extent evidence about one or more sources of income is
sufficient to support a conclusion that a valuation allowance is not necessary (i.e., the holding company can
conclude that the deferred tax asset is more likely than
not to be realized), other sources need not be considered.
However, if a valuation allowance is needed, each source
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Glossary

of income must be evaluated to determine the appropriate
amount of the allowance needed.
Evidence used in determining the valuation allowance
should be subject to objective verification. The weight
given to evidence when both positive and negative
evidence exist should be consistent with the extent to
which it can be verified. Sources (1) and (2) listed above
are more susceptible to objective verification and, therefore, may provide sufficient evidence regardless of future
events.
The consideration of future taxable income (exclusive of
reversing temporary differences and carryforwards) as a
source for the realization of deferred tax assets will
require subjective estimates and judgments about future
events which may be less objectively verifiable.
Examples of negative evidence include:
• Cumulative losses in recent years.
• A history of operating loss or tax credit carryforwards
expiring unused.
• Losses expected in early future years by a presently
profitable holding company.
• Unsettled circumstances that, if unfavorably resolved,
would adversely affect future profit levels.
• A brief carryback or carryforward that would limit the
ability to realize the deferred tax asset.
Examples of positive evidence include:
• A strong earnings history exclusive of the loss that
created the future deductible amount (tax loss carryforward or deductible temporary difference) coupled with
evidence indicating that the loss is an aberration rather
than a continuing condition.
• Existing contracts that will generate significant income.
• An excess of appreciated asset value over the tax basis
of an entity’s net assets in an amount sufficient to
realize the deferred tax asset.
When realization of a holding company’s deferred tax
assets is dependent upon future taxable income, the reliability of a holding company’s projections is very important. The holding company’s record in achieving projected
results under an actual operating plan will be a strong
measure of this reliability. Other factors a holding company should consider in evaluating evidence about its
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future profitability include but are not limited to current
and expected economic conditions, concentrations of
credit risk within specific industries and geographical
areas, historical levels and trends in past due and nonaccrual assets, historical levels and trends in loan loss
reserves, and the holding company’s interest rate sensitivity.
When strong negative evidence, such as the existence of
cumulative losses, exists, it is extremely difficult for a
holding company to determine that no valuation allowance is needed. Positive evidence of significant quality
and quantity would be required to counteract such negative evidence.
For purposes of determining the valuation allowance, a
tax-planning strategy is a prudent and feasible action that
would result in realization of deferred tax assets and that
management ordinarily might not take, but would do so to
prevent an operating loss or tax credit carryforward from
expiring unused. For example, a holding company could
accelerate taxable income to utilize carryforwards by
selling or securitizing loan portfolios, selling appreciated
securities, or restructuring nonperforming assets. Actions
that management would take in the normal course of
business are not considered tax-planning strategies.
Significant expenses to implement the tax-planning strategy and any significant losses that would result from
implementing the strategy shall be considered in determining any benefit to be realized from the tax-planning
strategy. Also, holding companies should consider all
possible consequences of any tax-planning strategies. For
example, loans pledged as collateral would not be available for sale.
The determination of whether a valuation allowance is
needed for deferred tax assets should be made for total
deferred tax assets, not for deferred tax assets net of
deferred tax liabilities. In addition, the evaluation should
be made on a jurisdiction-by-jurisdiction basis. Separate
analyses should be performed for amounts related to each
taxing authority (e.g., federal, state, and local).
Deferred tax assets (net of the valuation allowance) and
deferred tax liabilities related to a particular tax jurisdiction (e.g., federal, state, and local) may be offset against
each other for reporting purposes. A resulting debit
balance shall be included in ‘‘Other assets’’ and reported
in Schedule HC-F, item 2. A resulting credit balance shall
be included in ‘‘Other liabilities’’ and reported in Schedule HC-G, item 2. A holding company may report a net
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deferred tax debit, or asset, for one tax jurisdiction (e.g.,
federal taxes) and also report a net deferred tax credit, or
liability, for another tax jurisdiction (e.g., state taxes).
Interim period applicable income taxes–When preparing
its year-to-date Report of Income for Holding Companies
as of the end of March, June, and September (‘‘interim
periods’’), a holding company generally should determine its best estimate of its effective annual tax rate for
the full year, including both current and deferred portions
and considering all tax jurisdictions (e.g., federal, state
and local). To arrive at its estimated effective annual tax
rate, a holding company should divide its estimated total
applicable income taxes (current and deferred) for the
year by its estimated pretax income for the year (excluding “discontinued operations”) This rate would then be
applied to the year-to-date pretax income to determine
the year- to-date applicable income taxes at the interim
date.

amounts paid in one jurisdiction are deductible in
another jurisdiction. For example, since state and local
taxes are deductible for federal purposes, the aggregate
combined rate would generally be (1) the federal tax
rate plus (2) the state and local tax rates minus (3) the
federal tax effect of the deductibility of the state and
local taxes at the federal tax rate.
Purchase business combinations–In purchase business
combinations (as described in the Glossary entry for
‘‘business combinations’’), holding companies shall recognize as a temporary difference the difference between
the tax basis of acquired assets or liabilities and the
amount of the purchase price allocated to the acquired
assets and liabilities (with certain exceptions specified
in ASC Topic 740). As a result, the acquired asset or
liability shall be recorded gross and a deferred tax asset
or liability shall be recorded for any resulting temporary difference.

Intraperiod allocation of income taxes–When the
Report of Income for Holding Companies for a period
includes the results of “Discontinued operations” that
are reportable in Schedule HI, item 11, the total amount
of the applicable income taxes taxes for the year to date
shall be allocated in Schedule HI between item 9,
“Applicable income taxes (foreign and domestic),” and
item 11, “Discontinued operations, net of applicable
income taxes.”

In a purchase business combination, a deferred tax asset
shall generally be recognized at the date of acquisition
for deductible temporary differences and net operating
loss and tax credit carryforwards of either company in
the transaction, net of an appropriate valuation allowance. The determination of the valuation allowance
should consider any provisions in the tax law that may
restrict the use of an acquired company’s carryforwards.

The applicable income taxes on operating income (item
9) shall be the amount that the total applicable income
taxes on pretax income, including both current and
deferred taxes (calculated as described above), would
have been for the period had the results of “Discontinued
operations” been zero. The difference between item 9,
“Applicable income taxes (foreign and domestic),” and
the total amount of the applicable taxes shall then be
reflected in item 11 as applicable income taxes on
discontinued operations.

Subsequent recognition (i.e., by elimination of the valuation allowance) of the benefit of deductible temporary
differences and net operating loss or tax credit carryforwards not recognized at the acquisition date will
depend on the source of the benefit. If the valuation
allowance relates to deductible temporary differences
and carryforwards of the acquiring company established
before the acquisition, then subsequent recognition is
reported as a reduction of income tax expense. If the
benefit is related to the acquired company’s deductible
temporary differences and carryforwards, then the benefit is subsequently recognized by first reducing any
goodwill related to the acquisition, then by reducing all
other noncurrent intangible assets related to the acquisition, and finally, by reducing income tax expense.

Tax calculations by tax jurisdiction–Separate calculations of income taxes, both current and deferred
amounts, are required for each tax jurisdiction. However, if the tax laws of the state and local jurisdictions
do not significantly differ from federal income tax laws,
then the calculation of deferred income tax expense can
be made in the aggregate. The holding company would
calculate both current and deferred tax expense considering the combination of federal, state and local income
tax rates. The rate used should consider whether
FR Y-9C
Glossary September 2018

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Glossary

Alternative Minimum Tax17–Any taxes a holding company must pay in accordance with the alternative minimum tax (AMT) shall be included in the holding company’s current tax expense. Amounts of AMT paid can
be carried forward in certain instances to reduce the
holding company’s regular tax liability in future years.
The holding company may record a deferred tax asset for
the amount of the AMT credit carryforward, which shall
then be evaluated in the same manner as other deferred
tax assets to determine whether a valuation allowance is
needed.
Other tax effects–A holding company may have transactions or items that are reportable in Schedule HI-A of the
Report of Income for Holding Companies such as
‘‘Cumulative effect of changes in accounting principles
and corrections of material accounting errors,’’ and ‘‘Foreign currency translation adjustments’’ that are included
in ‘‘Other comprehensive income.’’ These transactions or
other items will enter into the determination of taxable
income in some year (not necessarily the current year),
but are not included in the pretax income reflected in
Schedule HI of the Report of Income for Holding Companies. They shall be reported in Schedule HI-A net of
related income tax effects. These effects may increase or
decrease the holding company’s total tax liability calculated on its tax returns for the current year or may be
deferred to one or more future periods.
For further information, see ASC Topic 740. The following table has been included to aid holding companies in
calculating their ‘‘applicable income taxes’’ for purposes
of the FR Y-9C. The table includes the tax rates in effect
for the years presented.
FEDERAL INCOME TAX RATES APPLICABLE
TO HOLDING COMPANIES
First
Year $25,000
19932010

15%

Second
$25,000

Third
$25,000

Fourth
$25,00

Over
$100,000

15%

25%

34%

18

Capital
Gains
Regular
tax rates

Alternative
Minimum
Tax
20%

17. The 2017 federal tax law known as the Tax Cuts and Jobs Act
eliminates the corporate AMT for tax years beginning on or after
January 1, 2018. The law also provides for the use of existing AMT
credits to offset a holding company’s regular tax liability for tax years
beginning in 2018, 2019, and 2020, with any remaining AMT credit
carryforwards fully refundable in the tax year beginning in 2021.
18. A 39% tax rate applies to taxable income from $100,001 to $335,000;

GL-56

Insurance Commissions: Insurance commissions generally represent remuneration paid by insurance underwriters to insurance agents and brokers for the sale of
insurance products. Companies also earn fees for generating insurance sales leads pursued by third-party insurance agents and by providing other services related to
selling and servicing insurance contracts and maintaining
separate accounts.
Insurance Premiums: Insurance premiums are the consideration paid by policyholders to insurance underwriters in exchange for the provision of defined future
benefits or for the indemnification against specified
insured losses. For further information, see ASC Topic
944, Financial Services-Insurance (formerly FASB Statement No. 60, Accounting and Reporting by Insurance
Enterprises, and FASB Statement No. 97, Accounting
and Reporting by Insurance Enterprises for Certain
Long-Duration Contracts and for Realized Gains and
Losses from the Sale of Investments).
Insurance Underwriting: Insurance underwriting is the
process whereby insurance companies assume risks (e.g.
that a death, sickness, casualty or other event) will occur,
for which premiums based upon underwriting standards
are charged.
Intangible Assets: See ‘‘Business combinations.’’
Interest-Bearing Account: See ‘‘Deposits.’’
Interest Capitalization: See ‘‘Capitalization of interest.’’
Internal-Use Computer Software: Guidance on the
accounting and reporting for the costs of internal-use
computer software is set forth in ASC Subtopic 350-40,
Intangibles-Goodwill and Other – Internal-Use Software
(formerly AICPA Statement of Position 98-1, Accounting
for the Costs of Computer Software Developed or
Obtained for Internal Use). A summary of this accounting guidance follows. For further information, see ASC
Subtopic 350-40. Internal-use computer software is software that meets both of the following characteristics:
(1) The software is acquired, internally developed, or
modified solely to meet the holding company’s internal
needs; and (2) During the software’s development or
a 34% tax rate applies to taxable income from $335,001 to
$10,000,000; a tax rate of 35% applies to taxable income from
$10,000,001 to $15,000,000; a tax rate of 38% applies to taxable
income from $15,000,001 to $18,333,333; and a 35% tax rate applies
to taxable income over $18,333,333.

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modification, no substantive plan exists or is being
developed to market the software externally.
ASC Subtopic 350-40 identifies three stages of
development for internal-use software: the preliminary
project stage, the application development stage, and the
post- implementation/operation stage. The processes that
occur during the preliminary project stage of software
development are the conceptual formulation of alternatives, the evaluation of the alternatives, the determination
of the existence of needed technology, and the final
selection of alternatives. The application development
stage involves the design of the chosen path (including
software configuration and software interfaces), coding,
installation of software to hardware, and testing (including the parallel processing phase). Generally, training and
application maintenance occur during the postimplementation/operation stage. Upgrades of and
enhancements to existing internal-use software, i.e.,
modification to software that result in additional functionality, also go through the three aforementioned stages of
development.
Computer software costs that are incurred in the preliminary project stage should be expensed as incurred.
Internal and external costs incurred to develop internaluse software during the application development stage
should be capitalized. Capitalization of these costs should
begin once (a) the preliminary project stage is completed
and (b) management, with the relevant authority, implicitly or explicitly authorizes and commits to funding a
computer software project and it is probable that the
project will be completed and the software will be used to
perform the function intended. Capitalization should
cease no later than when a computer software project is
substantially complete and ready for its intended use, i.e.,
after all substantial testing is completed. Capitalized
internal-use computer software costs generally should be
amortized on a straight-line basis over the estimated
useful life of the software.
Only the following application development stage costs
should be capitalized: (1) External direct costs of materials and services consumed in developing or obtaining
internal-use software; (2) Payroll and payroll-related
costs for employees who are directly associated with and
who devote time to the internal-use computer software
project (to the extent of the time spent directly on the
project); and (3) Interest costs incurred when developing
internal-use software.
FR Y-9C
Glossary March 2015

Costs to develop or obtain software that allows for access
or conversion of old data by new systems also should be
capitalized. Otherwise, data conversion costs should be
expensed as incurred. General and administrative costs
and overhead costs should not be capitalized as internaluse software costs. During the post-implementation/
operation stage, internal and external training costs and
maintenance costs should be expensed as incurred.
Impairment of capitalized internal-use computer software costs should be recognized and measured in accordance with ASC Topic 360, Property, Plant, and Equipment (formerly FASB Statement No. 144, Accounting for
the Impairment or Disposal of Long-Lived Assets).
The costs of internally developed computer software to
be sold, leased, or otherwise marketed as a separate
product or process should be reported in accordance with
ASC Subtopic 985-20, Software – Costs of Software to
Be Sold, Leased or Marketed (formerly FASB Statement
No. 86, Accounting for the Costs of Computer Software
to be Sold, Leased, or Otherwise Marketed). If, after the
development of internal-use software is completed, a
holding company decides to market the software, proceeds received from the license of the software, net of
direct incremental marketing costs, should be applied
against the carrying amount of the software.
International Banking Facility (IBF): General
definition—An International Banking Facility (IBF) is a
set of asset and liability accounts, segregated on the
books and records of the establishing entity, which reflect
international transactions. An IBF is established in accordance with the terms of Federal Reserve Regulation D
and after appropriate notification to the Federal Reserve.
The establishing entity may be a U.S. depository institution, a U.S. office of an Edge or Agreement corporation,
or a U.S. branch or agency of a foreign bank pursuant
to Federal Reserve Regulation D. An IBF is permitted
to hold only certain assets and liabilities. In general,
IBF accounts are limited, as specified in the paragraphs
below, to non-U.S. residents of foreign countries, residents of Puerto Rico and U.S. territories and possessions,
other IBFs, and U.S. and non-U.S. offices of the establishing entity.
Permissible IBF assets include extensions of credit to the
following:
(1) non-U.S. residents (including foreign branches of
other U.S. banks);
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Glossary

(2) other IBFs; and
(3) U.S. and non-U.S. offices of the establishing entity.
Credit may be extended to non-U.S. nonbank residents
only if the funds are used in their operations outside the
United States. IBFs may extend credit in the form of a
loan, deposit, placement, advance, security, or other
similar asset.
Permissible IBF liabilities include (as specified in Federal Reserve Regulation D) liabilities to non-U.S. nonbank residents only if such liabilities have a minimum
maturity or notice period of at least two business days.
IBF liabilities also may include overnight liabilities to:
(1) non-U.S. offices of other depository institutions and
of Edge or Agreement corporations;
(2) non-U.S. offices of foreign banks;
(3) Foreign governments and official institutions;
(4) other IBFs; and
(5) the establishing entity.
IBF liabilities may be issued in the form of deposits,
borrowings, placements, and other similar instruments.
However, IBFs are prohibited from issuing negotiable
certificates of deposit, bankers acceptances, or other
negotiable or bearer instruments.
Treatment of the IBFs of bank subsidiaries of the holding
company on the Consolidated Financial Statements for
Holding Companies (FR Y-9C)—IBFs established by a
subsidiary of the holding company (e.g., by a bank
subsidiary or by its Edge or Agreement subsidiaries) are
to be consolidated in the FR Y-9C. In the consolidated
balance sheet (Schedule HC) and income statement
(Schedule HI), transactions between the IBFs of the bank
subsidiaries of the reporting holding company and
between these IBFs and other offices of the holding
company are to be eliminated. For purposes of these
reports, the IBFs of the holding companies’ banking
subsidiaries are to be treated as foreign offices where, in
the schedules, a distinction is made between foreign and
domestic offices of the reporting holding company.
Assets of the IBFs of the banking subsidiaries of the
reporting holding company should be reported in the
asset categories of the report by type of instrument and
customer, as appropriate. For example, IBFs are to report
their holdings of securities in Schedule HC, item 2, and
in the appropriate items of Schedule HC-B; their holdGL-58

ings of loans that the IBF has the intent and ability to
hold for the foreseeable future or until maturity or payoff
(including loans of immediately available funds that have
an original maturity of one business day or roll over
under a continuing contract that are not securities resale
agreements) in Schedule HC, item 4(b), and in the
appropriate items of Schedule HC-C; and securities
purchased under agreements to resell in Schedule HC,
item 3(b).
For purposes of these reports, all liabilities of the IBFs of
the banking subsidiaries of the reporting holding company to outside parties are classified under four headings:
(1) Securities sold under agreements to repurchase,
which are to be reported in Schedule HC, item 14(b);
(2) Borrowings of immediately available funds that have
an original maturity of one business day or roll over
under a continuing contract that are not securities
repurchase agreements, which are to be reported in
Schedule HC-M, item 14;
(3) Accrued liabilities, which are to be reported in
Schedule HC, item 20; and
(4) All other liabilities, including deposits, placements,
and borrowings, which are to be treated as deposit
liabilities in foreign offices and reported in Schedule
HC, item 13(b).
Treatment of transactions with IBFs of other depository
institutions—Transactions between the offices of the
reporting holding company and IBFs outside the scope of
the FR Y-9C are to be reported as transactions with
depository institutions in the U.S., as appropriate. (Note,
however, that only foreign offices of the holding company and IBFs of its banking subsidiaries are permitted to
have transactions with other IBFs.)
Investments in Common Stock of Unconsolidated
Subsidiaries: See the instruction to Schedule HC, item 8,
‘‘Investments in unconsolidated subsidiaries and associated companies.’’
Joint Venture: See ‘‘Subsidiaries.’’
Lease Accounting: A lease is an agreement that transfers
the right to use land, buildings, or equipment for a
specified period of time. This financing device is essentially an extension of credit evidenced by an obligation
between a lessee and a lessor.
Standards for lease accounting are set forth in ASC Topic
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FR Y-9C
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840, Leases (formerly FASB Statement No. 13, Accounting for Leases, as amended and interpreted).

the first two criteria should conform to the standards
prescribed by ASC Topic 840.

Accounting with the holding company as lessee— Any
lease entered into by a lessee holding company or its
consolidated subsidiaries that are on an accrual basis of
accounting shall be accounted for as a property acquisition financed with a debt obligation. The property shall
be amortized according to the holding company’s normal
depreciation policy (except, if appropriate, the amortization period shall be the lease term) unless the lease
involves land only. The interest expense portion of each
lease payment shall be calculated to result in a constant
rate of interest on the balance of the debt obligation. In
the FR Y-9C, the property ‘‘asset’’ is to be reported in
Schedule HC, item 6, and the liability for capitalized
leases in Schedule HC, item 16, ‘‘Other borrowed
money.’’ In the income statement, the interest expense
portion of the capital lease payments is to be reported in
Schedule HI, item 2(c), ‘‘Interest on trading liabilities
and other borrowed money,’’ and the amortization expense
on the asset is to be reported in Schedule HI, item 7(b),
‘‘Expenses of premises and fixed assets.’’ If any one of
the following criteria is met, a lease must be accounted
for as a capital lease:

Accounting for sales with leasebacks—Sale–leaseback
transactions involve the sale of property by the owner
and a lease of the property back to the seller. If a holding
company sells premises or fixed assets and leases back
the property, the lease shall be treated as a capital lease if
it meets any one of the four criteria above for capitalization. Otherwise, the lease shall be accounted for as an
operating lease.

(1) ownership of the property is transferred to the lessee
at the end of the lease term, or
(2) the lease contains a bargain purchase option, or
(3) the lease term represents at least 75 percent of the
estimated economic life of the leased property, or
(4) the present value of the minimum lease payments at
the beginning of the lease term is 90 percent or more
of the fair value of the leased property to the lessor at
the inception of the lease less any related investment
tax credit retained by and expected to be realized by
the lessor.
If none of the above criteria is met, the lease should be
accounted for as an operating lease. Rental payments
should be charged to expense over the term of the
operating lease as they become payable.
NOTE: If a lease involves land only, the lease must be
capitalized if either of the first two criteria above is met.
Where a lease that involves land and building meets
either of these two criteria, the land and building must be
separately capitalized by the lessee. The accounting for a
lease involving land and building that meets neither of
FR Y-9C
Glossary March 2015

As a general rule, the holding company shall defer any
gain resulting from the sale. For capital leases, this
deferred gain is amortized in proportion to the depreciation taken on the leased asset. For operating leases, the
deferred gain is amortized in proportion to the rental
payments the holding company will make over the lease
term. The unamortized deferred gain is to be reported in
‘‘Other liabilities.’’ (Exceptions to the general rule on
deferral which permit full or partial recognition of a gain
at the time of the sale may occur if the leaseback covers
less than substantially all of the property that was sold or
if the total gain exceeds the minimum lease payments.)
If the fair value of the property at the time of the sale is
less than the book value of the property, the difference
between these two amounts shall be recognized as a loss
immediately. In this case, if the sales price is less than the
fair value of the property, the additional loss shall be
deferred since it is in substance a prepayment of rent.
Similarly, if the fair value of the property sold is greater
than its book value, any loss on the sale shall also be
deferred. Deferred losses shall be amortized in the same
manner as deferred gains as described above.
For further information, see ASC Subtopic 840-40,
Leases – Sale-Leaseback Transactions (formerly FASB
Statement No. 28, Accounting for Sales with Leasebacks).
Accounting with holding company as lessor—Unless a
long-term creditor is also involved in the transaction, a
lease entered into by a lessor holding company or its
consolidated subsidiaries on an accrual accounting basis
that meets one of the four criteria above for a capital
lease plus two additional criteria (as defined below) shall
be treated as a direct financing lease. After initial direct
costs have been deducted, the unearned income (minimum lease payments plus estimated residual value less
the cost of the leased property) shall be amortized to
income over the lease term in a manner which produces a
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Glossary

constant rate of return on the net investment (minimum
lease payments plus estimated residual value less unearned
income). Other methods of income recognition may be
used if the results are not materially different.
The following two additional criteria must be met for a
lease to be classified as a direct financing lease:
(1) Collectability of the minimum lease payments is
reasonably predictable.
(2) No important uncertainties surround the amount of
unreimbursable costs yet to be incurred by the lessor
under the lease.
When a lessor holding company or its consolidated
subsidiaries on an accrual basis of accounting enters into
a lease that has all the characteristics of a direct financing
lease but where a long-term creditor provides nonrecourse financing to the lessor, the transaction shall be
accounted for as a leveraged lease. The lessor’s net
investment in a leveraged lease shall be recorded in a
manner similar to that for a direct financing lease but net
of the principal and interest on the nonrecourse debt.
Based on a projected cash flow analysis for the lease
term, unearned and deferred income shall be amortized to
income at a constant rate only in those years of the lease
term in which the net investment is positive. In the years
in which the net investment is not positive, no income is
to be recognized on the leveraged lease.
If a lease is neither a direct financing lease nor a
leveraged lease, the lessor holding company or its consolidated subsidiaries shall account for it as an operating
lease. The leased property shall be reported as ‘‘Other
assets’’ and depreciated in accordance with the holding
company’s normal policy. Rental payments are generally
credited to income over the term of an operating lease as
they become receivable.
Letter of Credit: A letter of credit is a document issued
by a holding company or its consolidated subsidiaries
(generally a banking subsidiary) on behalf of its customer
(the account party) authorizing a third party (the beneficiary), or in special cases the account party, to draw
drafts on the holding company or its consolidated subsidiary up to a stipulated amount and with specified terms
and conditions. The letter of credit is a conditional
commitment (except when prepaid by the account party)
on the part of the consolidated holding company to
provide payment on drafts drawn in accordance with the
terms of the document.
GL-60

As a matter of sound practice, letters of credit should:
(1) be conspicuously labeled as a letter of credit;
(2) contain a specified expiration date or be for a definite
term;
(3) be limited in amount;
(4) call upon the issuing holding company or its issuing
consolidated subsidiaries to pay only upon the presentation of a draft or other documents as specified in
the letter of credit and not require the issuing holding
company or consolidated subsidiaries to make determinations of fact or law at issue between the account
party and the beneficiary; and
(5) be issued only subject to an agreement between the
account party and the issuing holding company or its
consolidated subsidiaries which establishes the
unqualified obligation of the account party to reimburse the issuing holding company or its consolidated subsidiaries for all payments made under the
letter of credit.
There are four basic types of letters of credit:
(1) commercial letters of credit,
(2) letters of credit sold for cash,
(3) travelers’ letters of credit, and
(4) standby letters of credit,
each of which is discussed separately below.
A commercial letter of credit is issued specifically to
facilitate trade or commerce. Under the terms of a
commercial letter of credit, as a general rule, drafts will
be drawn when the underlying transaction is consummated as intended.
A letter of credit sold for cash is a letter of credit for which
the holding company or a consolidated subsidiary has
received funds from the account party at the time of
issuance. This type of letter of credit is not to be reported
as an outstanding letter of credit but as a demand deposit.
These letters are considered to have been sold for cash
even though the consolidated holding company may have
advanced funds to the account party for the purchase of
such letters of credit on a secured or unsecured basis.
A travelers’ letter of credit is issued to facilitate travel.
This letter of credit is addressed by the holding company
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Glossary

or its consolidated subsidiaries to its correspondents authorizing the correspondents to honor drafts drawn by the
person named in the letter of credit in accordance with
specified terms. These letters are generally sold for cash.
A standby letter of credit is a letter of credit or similar
arrangement that:
(1) represents an obligation on the part of the issuing
holding company or a consolidated subsidiary to a
designated third party (the beneficiary) contingent
upon the failure of the issuing consolidated holding
company’s customer (the account party) to perform
under the terms of the underlying contract with the
beneficiary, or

intent and ability to hold for the foreseeable future or
until maturity or payoff, are:
(1) acceptances of banks that are not consolidated subsidiaries for the reporting holding company’s FR
Y-9C;
(2) acceptances executed by or for the account of a
subsidiary bank of the reporting holding company
and subsequently acquired by the consolidated holding company through purchase or discount;
(3) customers’ liability to a bank subsidiary of the
reporting holding company on drafts paid under
letters of credit for which the bank subsidiary of the
reporting holding company has not been reimbursed;

(2) obligates the holding company or a consolidated
subsidiary to guarantee or stand as surety for the
benefit of a third party to the extent permitted by law
or regulation.

(4) ‘‘advances’’ and commodity or bill-of-lading drafts
payable upon arrival of goods against which drawn,
for which a bank subsidiary of the reporting holding
company has given deposit credit to customers;

The underlying contract may entail either financial or
nonfinancial undertakings of the account party with the
beneficiary. The underlying contract may involve such
things as the customer’s payment of commercial paper,
delivery of merchandise, completion of a construction
contract, release of maritime liens, or repayment of the
account party’s obligations to the beneficiary. Under the
terms of a standby letter, as a general rule, drafts will be
drawn only when the underlying event fails to occur as
intended.

(5) paper pledged by the holding company or by its consolidated subsidiaries whether for collateral to secure
bills payable (e.g., margin collateral to secure bills
rediscounted) or for any other purpose;

Limited-Life Preferred Stock: See ‘‘Preferred stock.’’

(8) loans arising out of the purchase of assets (other than
securities) under resale agreements with a maturity of
more than one business day if the agreement requires
the holding company to resell the identical asset
purchased; or

Loan: For purposes of this report, a loan is generally an
extension of credit resulting from direct negotiations
between a lender and a borrower. The reporting holding
company or its consolidated subsidiaries may originate a
loan by directly negotiating with a borrower or it may
purchase a loan or a portion of a loan originated by
another lender that directly negotiated with a borrower.
The reporting holding company or its subsidiaries may
also sell a loan or a portion of a loan, regardless of the
method by which it acquired the loan.
Loans may take the form of promissory notes, acknowledgments of advance, due bills, invoices, overdrafts,
acceptances, and similar written or oral obligations.
Among the extensions of credit reportable as loans in
Schedule HC-C, which covers both loans held for sale
and loans that the reporting holding company has the
FR Y-9C
Glossary March 2015

(6) sales of ‘‘term federal funds’’ (i.e., sales of immediately available funds with a maturity of more than
one business day), other than those involving security resale agreements;
(7) factored accounts receivable;

(9) participations (acquired or held) in a single loan or
in a pool of loans or receivables (see discussion in the
Glossary entry for ‘‘Transfers of Financial Assets’’).
Loan acceptances and commercial paper, held in a trading account are to be reported in Schedule HC, item 5,
‘‘Trading assets.’’
See also ‘‘Loan secured by real estate,’’ ‘‘Overdraft,’’ and
‘‘Sale of assets.’’
Loan Fees: The accounting standards for nonrefundable
fees and costs associated with lending, committing to
lend, and purchasing a loan or group of loans are set forth
in ASC Subtopic 310-20, Receivables – Nonrefundable
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Glossary

Fees and Other Costs (formerly FASB Statement No. 91,
Accounting for Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial
Direct Costs of Leases), a summary of which follows.
The statement applies to all types of loans as well as to
debt securities (but not to loans or debt securities carried
at fair value if the changes in fair value are included in
earnings) and to all types of lenders. For further information, see ASC Subtopic 310-20.
A holding company may acquire a loan by originating the
loan (lending) or by acquiring a loan from a party other
than the borrower (purchasing). Lending, committing to
lend, refinancing or restructuring loans, arranging standby
letters of credit, syndicating loans, and leasing activities
are all considered ‘‘lending activities.’’ Nonrefundable
loan fees paid by the borrower to the lender may have
many different names, such as origination fees, points,
placement fees, commitment fees, application fees, management fees, restructuring fees, and syndication fees,
but in this Glossary entry, they are referred to as loan
origination fees, commitment fees, or syndication fees.
ASC Subtopic 310-20 applies to both a lender and a
purchaser, and should be applied to individual loan
contracts. Aggregation of similar loans for purposes of
recognizing net fees or costs and purchase premiums or
discounts is permitted under certain circumstances specified in ASC Subtopic 310-20 or if the result does not
differ materially from the amount that would have been
recognized on an individual loan-by-loan basis. In general, the statement specifies that:
(1) Loan origination fees should be deferred and recognized over the life of the related loan as an adjustment of yield (interest income). Once a holding
company adopts ASC Subtopic 310-20, recognizing
a portion of loan fees as revenue to offset all or part
of origination costs in the reporting period in which a
loan is originated is no longer acceptable.
(2) Certain direct loan origination costs specified in the
Statement should be deferred and recognized over
the life of the related loan as a reduction of the loan’s
yield. Loan origination fees and related direct loan
origination costs for a given loan should be offset and
only the net amount deferred and amortized.
(3) Direct loan origination costs should be offset against
related commitment fees and the net amounts deferred
except for: (a) commitment fees (net of costs) where
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the likelihood of exercise of the commitment is
remote, which generally should be recognized as
service fee income on a straight line basis over the
loan commitment period, and (b) retrospectively
determined fees, which are recognized as service fee
income on the date as of which the amount of the fee
is determined. All other commitment fees (net of
costs) shall be deferred over the entire commitment
period and recognized as an adjustment of yield over
the related loan’s life or, if the commitment expires
unexercised, recognized in income upon expiration
of the commitment.
(4) Loan syndication fees should be recognized by the
institution managing a loan syndication (the syndicator) when the syndication is complete unless a portion of the syndication loan is retained. If the yield on
the portion of the loan retained by the syndicator is
less than the average yield to the other syndication
participants after considering the fees passed through
by the syndicator, the syndicator should defer a
portion of the syndication fee to produce a yield on
the portion of the loan retained that is not less than
the average yield on the loans held by the other
syndication participants.
(5) Loan fees, certain direct loan origination costs, and
purchase premiums and discounts on loans shall be
recognized as an adjustment of yield generally by the
interest method based on the contractual term of the
loan. However, if the holding company holds a large
number of similar loans for which prepayments are
probable and the timing and amount of prepayments
can be reasonably estimated, the holding company
may consider estimates of future principal prepayments in the calculation of the constant effective
yield necessary to apply the interest method. Once a
holding company adopts ASC Subtopic 310-20, the
practice of recognizing fees over the estimated average life of a group of loans is no longer acceptable.
(6) A refinanced or restructured loan, other than a
troubled debt restructuring, should be accounted for
as a new loan if the terms of the new loan are at least
as favorable to the lender as the terms for comparable
loans to other customers with similar collection risks
who are not refinancing or restructuring a loan. Any
unamortized net fees or costs and any prepayment
penalties from the original loan should be recognized
in interest income when the new loan is granted. If
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FR Y-9C
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Glossary

the refinancing or restructuring does not meet these
conditions or if only minor modifications are made to
the original loan contract, the unamortized net fees or
costs from the original loan and any prepayment
penalties should be carried forward as a part of the
net investment in the new loan. The investment in the
new loan should consist of the remaining net investment in the original loan, any additional amounts
loaned, any fees received, and direct loan origination
costs associated with the transaction. In a troubled
debt restructuring involving a modification of terms,
fees received should be applied as a reduction of the
recorded investment in the loan, and all related costs,
including direct loan origination costs, should be
charged to expense as incurred. (See the Glossary
entry for ‘‘troubled debt restructurings’’ for further
guidance.)
(7) Deferred net fees or costs shall not be amortized
during periods in which interest income on a loan is
not being recognized because of concerns about
realization of loan principal or interest.
Direct loan origination costs of a completed loan are
defined to include only (a) incremental direct costs of
loan origination incurred in transactions with independent third parties for that particular loan and (b) certain
costs directly related to specified activities performed by
the lender for that particular loan.19 Incremental direct
costs are costs to originate a loan that (a) result directly
from and are essential to the lending transaction and (b)
would not have been incurred by the lender had that
lending transaction not occurred. The specified activities
performed by the lender are evaluating the prospective
borrower’s financial condition; evaluating and recording
guarantees, collateral, and other security arrangements;
negotiating loan terms; preparing and processing loan
documents; and closing the transaction. The costs directly
related to those activities include only that portion of the
employees’ total compensation and payroll-related fringe
benefits directly related to time spent performing those
activities for that particular loan and other costs related to
those activities that would not have been incurred but for
that particular loan.

19. For purposes of this report, a holding company which deems its
costsfor these lending activities not to be material and which need not
maintain records on a loan-by-loan basis for other purposes may
expense such costs as incurred.
FR Y-9C
Glossary March 2015

All other lending-related costs, whether or not incremental, should be charged to expense as incurred, including
costs related to activities performed by the lender for
advertising, identifying potential borrowers, soliciting
potential borrowers, servicing existing loans, and other
ancillary activities related to establishing and monitoring
credit policies, supervision, and administration. Employees’ compensation and fringe benefits related to these
activities, unsuccessful loan origination efforts, and idle
time should be charged to expense as incurred. Administrative costs, rent, depreciation, and all other occupancy
and equipment costs are considered indirect costs and
should be charged to expense as incurred.
Net unamortized loan fees represent an adjustment of the
loan yield, and shall be reported in the same manner as
unearned income on loans, i.e., deducted from the related
loan balances (to the extent possible) or deducted from
total loans in ‘‘Any unearned income on loans reflected in
items 1-9 above’’ in Schedule HC-C. Net unamortized
direct loan origination costs shall be added to the related
loan balances in Schedule HC-C. Amounts of loan
origination, commitment, and other fees and costs recognized as an adjustment of yield should be reported under
the appropriate subitem of item 1, ‘‘Interest income,’’ in
Schedule HI. Other fees, such as (a) commitment fees
that are recognized during the commitment period or
included in income when the commitment expires (i.e.
fees retrospectively determined and fees for commitments where exercise is remote) and (b) syndication fees
that are not deferred, should be reported as ‘‘Other
noninterest income’’ on Schedule HI.
Loan Impairment: The accounting standard for impaired
loans is ASC Topic 310, Receivables (formerly FASB
Statement No. 114, Accounting by Creditors for Impairment of a Loan, as amended). For further information,
refer to ASC Topic 310. Each institution is responsible
for maintaining an allowance for loan and lease losses
(allowance) at a level that is appropriate to cover estimated credit losses in its entire portfolio of loans and
leases held for investment, i.e., loans and leases that the
holding company has the intent and ability to hold for the
foreseeable future or until maturity or payoff. ASC Topic
310 sets forth measurement methods for estimating the
portion of the overall allowance for loan and lease losses
attributable to individually impaired loans. For the
remainder of the portfolio, an appropriate allowance
must be maintained in accordance with ASC Subtopic
450-20, Contingencies – Loss Contingencies (formerly
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Glossary

FASB Statement No. 5, Accounting for Contingencies).
For comprehensive guidance on the maintenance of an
appropriate allowance, holding companies should refer to
the Interagency Policy Statement on the Allowance for
Loan and Lease Losses dated December 13, 2006, and
the Glossary entry for ‘‘allowance for loan and lease
losses.’’
In general, loans are impaired under ASC Topic 310
when, based on current information and events, it is
probable that an institution will be unable to collect all
amounts due (i.e., both principal and interest) according
to the contractual terms of the original loan agreement.
An institution should apply its normal loan review procedures when identifying loans to be individually evaluated
for impairment under ASC Topic 310. When an individually evaluated loan is deemed impaired under ASC Topic
310 and is not collateral dependent, a holding company
must measure impairment using the present value of
expected future cash flows discounted at the loan’s
effective interest rate (i.e., the contractual interest rate
adjusted for any net deferred loan fees or costs, premium,
or discount existing at the origination or acquisition of
the loan), except that as a practical expedient, an institution may measure impairment based on a loan’s observable market price. As discussed in the following paragraph, the agencies require the impairment of an impaired
collateral dependent loan to be measured using the fair
value of collateral method. A loan is collateral dependent
if repayment of the loan is expected to be provided solely
by the underlying collateral and there are no other
available and reliable sources of repayment. A creditor
should consider estimated costs to sell, on a discounted
basis, in the measurement of impairment if those costs
are expected to reduce the cash flows available to repay
or otherwise satisfy the loan. If the measure of an
impaired loan is less than the recorded investment in the
loan, an impairment should be recognized by creating an
allowance for estimated credit losses for the impaired
loan or by adjusting an existing allowance with a corresponding charge or credit to ‘‘Provision for loan and
lease losses.’’
For purposes of FR Y-9C report, the impairment of an
impaired collateral dependent loan must be measured
using the fair value of collateral method. In general, any
portion of the recorded investment in an impaired collateral dependent loan (including recorded accrued interest,
net deferred loan fees or costs, and unamortized premium
or discount) in excess of the fair value of the collateral
GL-64

(less estimated costs to sell, if applicable) that can be
identified as uncollectible should be promptly charged off
against the allowance for loan and lease losses.
An institution should not provide an additional allowance
for estimated credit losses on an individually impaired
loan over and above what is specified by ASC Topic 310.
The allowance established under ASC Topic 310 should
take into consideration all available information existing
as of the FR Y-9C report date that indicates that it is
probable that a loan has been impaired. All available
information would include existing environmental factors such as industry, geographical, economic, and political factors that affect collectibility.
ASC Topic 310 also addresses the accounting by creditors for all loans that are restructured in a troubled debt
restructuring involving a modification of terms, except
loans that are measured at fair value or the lower of cost
or fair value. According to ASC Topic 310, all loans
restructured in troubled debt restructurings are impaired
loans. For guidance on troubled debt restructurings, see
the Glossary entry for ‘‘troubled debt restructurings.’’
As with all other loans, all impaired loans should be
reported as past due or nonaccrual loans in Schedule
HC-N in accordance with the schedule’s instructions. A
loan identified as impaired is one for which it is probable
that the institution will be unable to collect all principal
and interest amounts due according to the contractual
terms of the original loan agreement. Therefore, a loan
that is not already in nonaccrual status when it is first
identified as impaired will normally meet the criteria for
placement in nonaccrual status at that time. Exceptions
may arise when a loan not previously in nonaccrual status
is identified as impaired because its terms have been
modified in a troubled debt restructuring, but the borrower’s sustained historical repayment performance for a
reasonable time prior to the restructuring is consistent
with the modified terms of the loan and the loan is
reasonably assured of repayment (of principal and interest) and of performance in accordance with its modified
terms. This determination must be supported by a current, well documented credit evaluation of the borrower’s
financial condition and prospects for repayment under the
revised terms. Exceptions may also arise for those purchased impaired loans for which the criteria for accrual
of income under the interest method are met as specified
in ASC Subtopic 310-30, Receivables - Loans and Debt
Securities Acquired with Deteriorated Credit Quality
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FR Y-9C
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Glossary

(formerly AICPA Statement of Position 03-3, Accounting
for Certain Loans or Debt Securities Acquired in a
Transfer). Any cash payments received on impaired
loans in nonaccrual status should be reported in accordance with the criteria for the cash basis recognition of
income in the Glossary entry for ‘‘nonaccrual status.’’ For
further guidance, see the Glossary entries for ‘‘nonaccrual status’’ and ‘‘purchased impaired loans and debt
securities.’’

addition, when a loan is partially secured by a lien or
liens on real property, but the estimated value of the real
estate collateral at origination (after deducting any more
senior liens held by others) is 50 percent or less of the
principal amount of the loan at origination, the loan
should not be categorized as a loan secured by real estate.
Instead, the loan should be reported in one of the other
loan categories used in these reports based on the purpose
of the loan.

Loan Secured by Real Estate: For purposes of this
report, a loan secured by real estate is a loan that, at
origination, is secured wholly or substantially by a lien or
liens on real property for which the lien or liens are
central to the extension of the credit–that is, the borrower
would not have been extended credit in the same amount
or on terms as favorable without the lien or liens on real
property. To be considered wholly or substantially secured
by a lien or liens on real property, the estimated value of
the real estate collateral at origination (after deducting
any more senior liens) must be greater than 50 percent of
the principal amount of the loan at origination.20

The following are examples of the application of the
preceding guidance:

A loan satisfying the criteria above, except a loan to a
state or political subdivision in the U.S., is to be reported
as a loan secured by real estate in Schedule HC-C, item 1,
and related items in the Consolidated Income Statement,
(1) regardless of whether the loan is secured by a first or
a junior lien; (2) regardless of whether the loan was
originated by the reporting holding company or purchased from others and, if originated by the reporting
holding company, regardless of the department or subsidiary within the holding company or subsidiary that made
the loan; (3) regardless of how the loan is categorized in
the holding company’s records; (4) and regardless of the
purpose of the financing. Only in a transaction where a
lien or liens on real property (with an estimated collateral
value greater than 50 percent of the loan’s principal
amount at origination) have been taken as collateral
solely through an abundance of caution and where the
loan terms as a consequence have not been made more
favorable than they would have been in the absence of
the lien or liens, would the loan not be considered a loan
secured by real estate for purposes of the FR Y-9C. In
20. Bank holding companies should apply this revised definition of
“loansecured by real estate” prospectively beginning April 1, 2009.
Loansreported on or before March 31, 2009, as loans secured by real
estate need not be reevaluated and, if apporpriate, recategorized into
other loan categories on Schedule HC-C, Loans and Lease Financing
Receivables.
FR Y-9C
Glossary June 2015

(1) A subsidiary loans $700,000 to construct and equip a
building that will be used as a dental office. The loan
will be secured by both the real estate and the dental
equipment. At origination, the estimated values of
the building, upon completion, and the equipment are
$400,000 and $350,000, respectively. The loan should
be reported as a loan secured by real estate in
Schedule HC-C, item 1.a.(2), ‘‘Other construction
loans and all land development and other land loans.’’
In contrast, if the estimated values of the building
and equipment at origination were $340,000 and
$410,000, respectively, the loan should not be reported
as a loan secured by real estate. Instead, the loan
should be reported in Schedule HC-C, item 4, ‘‘Commercial and industrial loans.’’
(2) A subsidiary grants a $25,000 line of credit and a
$125,000 term loan to a commercial borrower for
working capital purposes on the same date. The loans
will be cross-collateralized by equipment with an
estimated value of $40,000 and a third lien on the
borrower’s residence, which has an estimated value
of $140,000 and first and second liens with unpaid
balances payable to other lenders totaling $126,000.
The two loans should be considered together to
determine whether they are secured by real estate.
Because the estimated equity in the real estate collateral available to the subsidiary is $14,000, the two
cross-collateralized loans for $150,000 should not be
reported as loans secured by real estate. Instead, the
loans should be reported in Schedule HC-C, item 4,
‘‘Commercial and industrial loans.’’
(3) A subsidiary grants a $50,000 working capital loan
and takes a first lien on a vacant commercial building
lot as collateral. The estimated value of the lot is
$30,000. The loan should be reported as a loan
secured by real estate in Schedule HC-C, item 1.a.(2),
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Glossary

‘‘Other construction loans and all land development
and other land loans,’’ unless the lien has been taken
as collateral solely through an abundance of caution
and where the loan terms as a consequence have not
been made more favorable than they would have
been in the absence of the lien.
(4) A subsidiary grants a $10,000 home equity line of
credit secured by a junior lien on a 1-4 family
residential property. The subsidiary also has a loan to
the same borrower that is secured by a first lien on
the same 1-4 family residential property and has an
unpaid principal balance of $71,000. There are no
intervening liens and the line of credit will be used
for household, family, and other personal expenditures. The estimated value of the residential property
at the origination of the home equity line of credit is
$75,000. Consistent with the risk-based capital treatment of these loans, the two loans should be considered together to determine whether the home equity
line of credit should be reported as a loan secured by
real estate. Because the value of the collateral is
greater than 50 percent of the first lien balance plus
the amount of the home equity line of credit, loans
extended under the line of credit should be reported
as loans secured by real estate in Schedule HC-C,
item 1.c.(1), ‘‘Revolving, open-end loans secured by
1-4 family residential properties and extended under
lines of credit.’’ In contrast, if a creditor other than
the subsidiary holds the first lien on the borrower’s
property, the estimated value of the collateral to the
subsidiary for the home equity line of credit would
have been $4,000 ($75,000 less the $71,000 first lien
held by the other creditor), which is 50 percent or less
of the amount of the line of credit at origination. In
this case, the subsidiary should not report loans
extended under the line of credit as loans secured by
real estate in Schedule HC-C, item 1. Rather, the
loans should be reported as ‘‘Loans to individuals for
household, family, and other personal expenditures’’
in Schedule HC-C, item 6.b, ‘‘Other revolving credit
plans.’’
Loss Contingencies: A loss contingency is an existing
condition, situation, or set of circumstances that involves
uncertainty as to possible loss that will be resolved when
one or more future events occur or fail to occur. An
estimated loss (or expense) from a loss contingency (for
example, pending or threatened litigation) must be accrued
by a charge to income if it is probable that an asset has
GL-66

been impaired or a liability incurred as of the report date
and the amount of the loss can be reasonably estimated.
A contingency that might result in a gain, for example, the
filing of an insurance claim, shall not be recognized as
income prior to realization.
For further information, see ASC Subtopic 450-20, Contingencies – Loss Contingencies (formerly FASB Statement No. 5, Accounting for Contingencies).
Mandatory Convertible Debt: See discussion of mandatory convertible securities in instructions for Schedule HC, item 19(a), ‘‘Subordinated notes and debentures.’’
Market (Fair) Value of Securities: The market value of
securities should be determined, to the extent possible, by
timely reference to the best available source of current
market quotations or other data on relative current values.
For example, securities traded on national, regional, or
foreign exchanges or in organized over-the-counter markets should be valued at the most recently available
quotation in the most active market. Rated securities for
which no organized market exists should be valued on the
basis of a yield curve estimate. Quotations from brokers or
others making markets in securities that are neither widely
nor actively traded are acceptable if prudently used.
Unrated debt securities for which no reliable market price
data are available may be valued at cost adjusted for
amortization of premium or accretion of discount unless
credit problems of the obligor or upward movements in
the level of interest rates warrant a lower estimate of
current value. Securities that are not marketable such as,
Federal Reserve stock or equity securities in closely held
businesses, should be valued at book or par value, as
appropriate.
Mergers: See ‘‘Business combinations.’’
Money Market Deposit Account (MMDA): See
‘‘Deposits.’’
Mortgages, Residential, Participations in Pools of: See
‘‘Transfers of financial assets.’’
NOW Account: See ‘‘Deposits.’’
Nonaccrual Status: General rule—Holding companies
on an accrual basis of reporting shall not accrue interest
or discount on (1) any asset which is maintained on a
cash basis because of deterioration in the financial position of the borrower, (2) any asset for which payment in
full of interest or principal is not expected, or (3) any
asset upon which principal or interest has been in default
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for a period of 90 days or more unless it is both well
secured and in the process of collection.
An asset is ‘‘well secured’’ if it is secured (1) by
collateral in the form of liens on or pledges of real or
personal property, including securities, that have a realizable value sufficient to discharge the debt (including
accrued interest) in full, or (2) by the guaranty of a
financially responsible party. An asset is ‘‘in the process
of collection’’ if collection of the asset is proceeding in
due course either (1) through legal action, including
judgment enforcement procedures, or, (2) in appropriate
circumstances, through collection efforts not involving
legal action which are reasonably expected to result in
repayment of the debt or in its restoration to a current
status in the near future.
For purposes of applying the third test for the nonaccrual
of interest listed above, the date on which an asset
reaches nonaccrual status is determined by its contractual
terms. If the principal or interest on an asset becomes due
and unpaid for 90 days or more on a date that falls
between report dates, the asset should be placed in
nonaccrual status as of the date it becomes 90 days past
due and it should remain in nonaccrual status until it
meets the criteria for restoration to accrual status described
below.
Exceptions to the general rule—In the following situations, an asset need not be placed in nonaccrual status:
(1) The criteria for accrual of income under the interest
method specified in ASC Subtopic 310-30, Receivables – Loans and Debt Securities Acquired with
Deteriorated Credit Quality (formerly AICPA Statement of Position 03-3, Accounting for Certain Loans
or Debt Securities Acquired in a Transfer), are met
for a purchased credit-impaired loan, pool of loans,
or debt security accounted for in accordance with that
Subtopic , regardless of whether the loan, the loans in
the pool or debt security had been maintained in
nonaccrual status by its seller. (For purchased creditimpaired loans with common risk characteristics that
are aggregated and accounted for as a pool, the
determination of nonaccrual or accrual status should
be made at the pool level, not at the individual
loan level.) For further information, see the Glossary
entry for ’’purchased credit-impaired loans and debt
securities.‘‘
(2) The asset upon which principal or interest is due and
unpaid for 90 days or more is a consumer loan (as
FR Y-9C
Glossary June 2015

defined for Schedule HC-C, item 6, ‘‘Loans to individuals for household, family, and other personal
expenditures’’) or a loan secured by a 1-to-4 family
residential property (as defined for Schedule HC-C,
item 1(c), Loans ‘‘Secured by 1-4 family residential
properties’’). Nevertheless, such loans should be
subject to other alternative methods of evaluation to
assure that the holding company’s net income is not
materially overstated. However, to the extent that the
holding company has elected to carry such a loan in
nonaccrual status on its books, the loan must be
reported as nonaccrual in Schedule HC-N.
Treatment of previously accrued interest—The reversal of
previously accrued but uncollected interest applicable to
any asset placed in nonaccrual status and the treatment of
subsequent payments as either principal or interest should
be handled in accordance with generally accepted accounting principles. Acceptable accounting treatment includes
a reversal of all previously accrued but uncollected interest applicable to assets placed in a nonaccrual status
against appropriate income and balance sheet accounts.
For example, one acceptable method of accounting for
such uncollected interest on a loan placed in nonaccrual
status is (1) to reverse all of the unpaid interest by
crediting the ‘‘income earned, not collected on loans’’
account on the balance sheet, (2) to reverse the uncollected
interest that has been accrued during the calendar year-todate by debiting the appropriate ‘‘interest and fee income
on loans’’ account on the income statement, and (3) to
reverse any uncollected interest that had been accrued
during previous calendar years by debiting the ‘‘allowance
for loan and lease losses’’ account on the balance sheet.
The use of this method presumes that holding company
management’s additions to the allowance through charges
to the ‘‘provision for loan and lease losses’’ on the income
statement have been based on an evaluation of the collectability of the loan and lease portfolios and the ‘‘income
earned, not collected on loans’’ account.
Treatment of cash payments and criteria for the cash basis
recognition of income—When doubt exists as to the
collectibility of the remaining recorded investment in an
asset in nonaccrual status, any payments received must be
applied to reduce the recorded investment in the asset to
the extent necessary to eliminate such doubt. Placing an
asset in nonaccrual status does not, in and of itself, require
a charge-off, in whole or in part, of the asset’s recorded
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Glossary

investment. However, any identified losses must be
charged off.
While an asset is in nonaccrual status, some or all of the
cash interest payments received may be treated as interest
income on a cash basis as long as the remaining recorded
investment in the asset (i.e., after charge-off of identified
losses, if any) is deemed to be fully collectible.21 A
holding company’s determination as to the ultimate
collectibility of the asset’s remaining recorded investment must be supported by a current, well documented
credit evaluation of the borrower’s financial condition
and prospects for repayment, including consideration of
the borrower’s historical repayment performance and
other relevant factors.
When recognition of interest income on a cash basis is
appropriate, it should be handled in accordance with
generally accepted accounting principles. One acceptable
practice involves allocating contractual interest payments
among interest income, reduction of the recorded investment in the asset, and recovery of prior charge-offs. If
this method is used, the amount of income that is
recognized would be equal to that which would have
been accrued on the asset’s remaining recorded investment at the contractual rate. A holding company may also
choose to account for the contractual interest in its
entirety either as income, reduction of the recorded
investment in the asset, or recovery of prior charge-offs,
depending on the condition of the loan, consistent with
its accounting policies for other financial reporting
purposes.
Restoration to accrual status—As a general rule, a
nonaccrual asset may be restored to accrual status when
(1) none of its principal and interest is due and unpaid,
and the holding company expects repayment of the
remaining contractual principal and interest, or (2) when
it otherwise becomes well secured and in the process of
collection. If any interest payments received while the
asset was in nonaccrual status were applied to reduce the
recorded investment in the asset, as discussed in the
21. An asset subject to the cost recovery method required by ASC Subtopic 325-40, Investments-Other – Beneficial Interests in Securitized
Financial Assets (formerly Emerging Issues Task Force Issue No.9920, Recognition of Interest Income and Impairment on Purchased and
Retained Beneficial Interests in Securitized Financial Assets), should
follow that method for reporting purposes. In addition, when a purchased impaired loan or debt security that is accounted for in accordance with ASC Subtopic 310-30 has been placed on nonaccrual
status, the cost recovery method should be used, when appropriated.

GL-68

preceding section of this entry, the application of these
payments to the asset’s recorded investment should not
be reversed (and interest income should not be credited)
when the asset is returned to accrual status.
For purposes of meeting the first test, the holding company must have received repayment of the past due
principal and interest unless, as discussed below, (1) the
asset has been formally restructured and qualifies for
accrual status, (2) the asset is a purchased impaired loan
or debt security accounted for in accordance with ASC
Subtopic 310-30 and it meets the criteria for accrual of
income under the interest method specified therein or (3)
the borrower has resumed paying the full amount of the
scheduled contractual interest and principal payments on
a loan that is past due and in nonaccrual status, even
though the loan has not been brought fully current, and
the following two criteria are met. These criteria are, first,
that all principal and interest amounts contractually due
(including arrearages) are reasonably assured of repayment within a reasonable period and, second, that there is
a sustained period of repayment performance (generally a
minimum of six months) by the borrower in accordance
with the contractual terms involving payments of cash or
cash equivalents. A loan that meets these two criteria
may be restored to accrual status but must continue to be
disclosed as past due in Schedule HC-N until it has been
brought fully current or until it later must be placed in
nonaccrual status.
A loan or other debt instrument that has been formally
restructured so as to be reasonably assured of repayment
(of principal an interest) and of performance according to
its modified terms need not be maintained in nonaccrual
status, provided the restructuring is supported by a
current, well documented credit evaluation of the borrower’s financial condition and prospects for repayment
under the revised terms. Otherwise, the restructured asset
must remain in nonaccrual status. The evaluation must
include consideration of the borrower’s sustained historical repayment performance for a reasonable period prior
to the date on which the loan or other debt instrument is
returned to accrual status. (In returning the asset to
accrual status, sustained historical payment performance
for a reasonable time prior to the restructuring may be
taken into account.) Such a restructuring must improve
the collectibility of the loan or other debt instrument in
accordance with a reasonable repayment schedule and
does not relieve the holding company from the responsibility to promptly charge off all identified losses.
Glossary

FR Y-9C
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Glossary

A formal restructuring may involve a multiple note
structure in which, for example, a troubled loan is
restructured into two notes. The first or ‘‘A’’ note represents the portion of the original loan principal amount
that is expected to be fully collected along with contractual interest. The second or ‘‘B’’ note represents the
portion of the original loan that has been charged off and,
because it is not reflected as an asset and is unlikely to be
collected, could be viewed as a contingent receivable.
The ‘‘A’’ note may be returned to accrual status provided
the conditions in the preceding paragraph are met and:
(1) there is economic substance to the restructuring and it
qualifies as a troubled debt restructuring under generally
accepted accounting principles, (2) the portion of the
original loan represented by the ‘‘B’’ note has been
charged off before or at the time of the restructuring, and
(3) the ‘‘A’’ note is reasonably assured of repayment and
of performance in accordance with the modified terms.
Until the restructured asset is restored to accrual status, if
ever, cash payments received must be treated in accordance with the criteria stated above in the preceding
section of this entry. In addition, after a formal restructuring, if a restructured asset that has been returned to
accrual status later meets the criteria for placement in
nonaccrual status as a result of past due status based on
its modified terms or for other reasons, the asset must be
placed in nonaccrual status. For further information on
formally restructured assets, see the Glossary entry for
‘‘Troubled Debt Restructuring.’’
Treatment of multiple extensions of credit to one
borrower—As a general principle, nonaccrual status for
an asset should be determined based on an assessment of
the individual asset’s collectibility and payment ability
and performance. Thus, when one loan to a borrower is
placed in nonaccrual status, a holding company or its
subsidiaries do not automatically have to place all other
extensions of credit to that borrower in nonaccrual status.
When a depository institution has multiple loans or other
extensions of credit outstanding to a single borrower, and
one loan meets criteria for nonaccrual status, the depository institution should evaluate its other extensions of
credit to that borrower to determine whether one or more
of these other assets should also be placed in nonaccrual
status.
Noninterest-Bearing Account: See ‘‘Deposits.’’
Nontransaction Account: See ‘‘Deposits.’’
FR Y-9C
Glossary June 2015

Notes and Debentures Subordinated to Deposits: See
‘‘Subordinated notes and debentures.’’
Offsetting: Offsetting is the reporting of assets and
liabilities on a net basis in the balance sheet. Holding
companies are permitted to offset assets and liabilities
recognized in the balance sheet when a ‘‘right of setoff’’
exists. Under ASC Subtopic 210-20, Balance Sheet –
Offsetting (formerly FASB Interpretation No. 39, Offsetting of Amounts Related to Certain Contracts), a right of
setoff exists when all of the following conditions are met:
(1) Each party owes the other determinable amounts.
Thus, only bilateral netting is permitted.
(2) The reporting party has the right to set off the amount
owed with the amount owed by the other party.
(3) The reporting party intends to set off. This condition
does not have to be met for fair value amounts
recognized for conditional or exchange contracts that
have been executed with the same counterparty under
a master netting arrangement.
(4) The right of setoff is enforceable at law. Legal
constraints should be considered to determine whether
the right of setoff is enforceable. Accordingly, the
right of setoff should be upheld in bankruptcy (or
receivership). Offsetting is appropriate only if the
available evidence, both positive and negative,
indicates that there is reasonable assurance that the
right of setoff would be upheld in bankruptcy (or
receivership).
According to ASC Subtopic 210-20, for forward, interest
rate swap, currency swap, option, and other conditional
and exchange contracts, a master netting arrangement
exists if the reporting holding company has multiple
contracts, whether for the same type of conditional or
exchange contract or for different types of contracts, with
a single counterparty that are subject to a contractual
agreement that provides for the net settlement of all
contracts through a single payment in a single currency in
the event of default or termination of any one contract.
Offsetting the assets and liabilities recognized for conditional or exchange contracts outstanding with a single
counterparty results in the net position between the two
counterparties being reported as an asset or a liability on
the balance sheet. The reporting entity’s choice to offset
or not to offset assets and liabilities recognized for conditional or exchange contracts must be applied
consistently.
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Glossary

Offsetting of assets and liabilities is also permitted by
other pronouncements identified in ASC Subtopic 21020. These pronouncements apply to such items as leverage leases, pension plan and other postretirement benefit
plan assets and liabilities, and deferred tax assets and
liabilities. In addition, ASC Subtopic 210-20, Balance
Sheet – Offsetting (formerly FASB Interpretation No. 41,
Offsetting of Amounts Related to Certain Repurchase and
Reverse Repurchase Agreements), describes the circumstances in which amounts recognized as payables under
repurchase agreements may be offset against amounts
recognized as receivables under reverse repurchase agreements and reported as a net amount in the balance sheet.
The reporting entity’s choice to offset or not to offset
payables and receivables under ASC Subtopic 210-20
must be applied consistently.
According to the AICPA Audit and Accounting Guide for
Depository and Lending Institutions, ASC Subtopic
210-20 does not apply to securities borrowing or lending
transactions. Therefore, for purposes of filing holding
company reports, holding companies should not offset
securities borrowing and lending transactions in the
balance sheet unless all the conditions set forth in ASC
Subtopic 210-20 are met.
One-Day Transaction: See ‘‘Federal funds transactions.’’
Option: See ‘‘Futures, forward, and standby contracts.’’
Organization Costs: See ‘‘Start-up Activites.’’
Other Real Estate Owned: See ‘‘Foreclosed Assets’’
and the instructions to Schedule HC-M, item 13.
Other-Than-Temporary Impairment: See ‘‘securities
activities.’’
Overdraft: An overdraft can be either planned or
unplanned. An unplanned overdraft occurs when a
depository institution honors a check or draft drawn
against a deposit account when insufficient funds are on
deposit and there is no advance contractual agreement to
honor the check or draft. When a contractual agreement
has been made in advance to allow such credit extensions, overdrafts are referred to as planned or prearranged. Any overdraft, whether planned or unplanned,
is an extension of credit and is to be treated and reported
as a ‘‘loan’’ rather than being treated as a negative
deposit balance.
Planned overdrafts are to be classified in Schedule HC-C
by type of loan according to the nature of the overdrawn
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depositor. For example, a planned overdraft by a commercial customer is to be classified as a ‘‘commercial and
industrial loan.’’
Unplanned overdrafts in depositors’ accounts are to be
classified in Schedule HC-C, item 9, ‘‘All other loans,’’
unless the depositor is a depository institution or a
foreign government or official institution. Such unplanned
overdrafts would be reported in Schedule HC-C, item 2,
‘‘Loans to depository institutions and acceptances of
other banks’’ and item 7, ‘‘Loans to foreign governments
and official institutions.’’
For purposes of treatment of overdrafts, separate transaction accounts of a single depositor that are established
under a bona fide cash management arrangement are
regarded as a single account rather than multiple or
separate accounts. In such a situation, an overdraft in one
of the accounts of a single customer is netted against the
related transaction accounts of the customer and an
extension of credit is regarded as arising only if, and to
the extent, the combined accounts of the customer are
overdrawn.
An overdraft also occurs when a borrower’s loan secured
by real estate has an escrow account for the payment of
taxes and/or insurance and the institution pays taxes or
insurance on behalf of the borrower when the escrow
account does not have sufficient funds to cover the full
amount of the payment. Because escrow funds are deposits for purposes of these reports, an overdrawn escrow
account should be reported as a “loan” in Schedule
HC-C.
The consolidated holding company’s overdrafts on deposit
accounts it holds with other depository institutions that
are not consolidated on the reporting holding company’s
FR Y-9C (i.e., its ‘‘due from’’ accounts) are to be
reported as borrowings in Schedule HC, item 16, except
overdrafts arising in connection with checks or drafts
drawn by subsidiary depository institutions of the reporting holding company and drawn on, or payable at or
through, another depository institution either on a zerobalance account or on an account that is not routinely
maintained with sufficient balances to cover checks or
drafts drawn in the normal course of business during the
period until the amount of the checks or drafts is remitted
to the other depository institution (in which case, report
the funds received or held in connection with such checks
or drafts as deposits in Schedule HC-E until the funds are
remitted).
Glossary

FR Y-9C
June 2015

Glossary

Participations: See ‘‘Transfers of financial assets.’’
Participations
acceptances.’’

in

Acceptances:

See

‘‘Bankers’

Participations in Pools of Securities: See ‘‘Repurchase/
resale agreements.’’
Pass-through Reserve Balances: Under the Monetary
Control Act of 1980, and as reflected in Federal Reserve
Regulation D, both member and nonmember depository
institutions may hold the balances they maintain to
satisfy reserve balance requirements (in excess of vault
cash) directly with a Federal Reserve Bank. However,
nonmember depository institutions may hold their balances maintained to satisfy reserve balance requirements
(in excess of vault cash) in one of two ways: either
(1) directly with a Federal Reserve Bank or (2) indirectly
in an account with another institution (referred to here as
a ‘‘correspondent’’), which, in turn, is required to pass
the reserves through to a Federal Reserve Bank. This
second type of account is called a ‘‘pass-through account,’’
and a depository institution passing its reserves to the
Federal Reserve through a correspondent is referred to as
a ‘‘respondent.’’ This pass-through reserve relationship is
legally and for supervisory purposes considered to constitute an asset/debt relationship between the respondent
and the correspondent, and an asset/debt relationship
between the correspondent and the Federal Reserve. The
required reporting of the ‘‘pass-through reserve balances’’ reflects this structure of asset/debt relationships.
The reporting of pass-through reserve balances by correspondent and respondent banks differs from the required
reporting of excess balance accounts by participants and
agents, which is described in the Glossary entry for
“excess balance accounts.”
Perpetual Debt: Perpetual debt is an unsecured debt
instrument of the holding company or its subsidiaries
that, if issued by a bank, must also be subordinated to the
claims of the depositors. The major characteristics are
described below:
(1) The debt instrument cannot provide the note-holder
the right to demand repayment of principal except in
the event of bankruptcy, insolvency, or reorganization.
(2) The issuer can not voluntarily redeem the debt issue
without prior approval of the Federal Reserve, unless
the debt is converted to, exchanged for, or simulFR Y-9C
Glossary June 2015

taneously replaced in like amount by an issue of
common or perpetual preferred stock of the issuer or
the issuer’s parent company.
(3) When issued by the holding company, a bank subsidiary, or a subsidiary with substantial operations, the
debt instrument must contain a provision permitting
interest payments to be deferred when dividends on
all outstanding common or preferred stock of the
issuer have been eliminated.
(4) When issued by a holding company or a subsidiary
with substantial operations, the instrument must convert automatically to common or perpetual preferred
stock of the issuer when the issuer’s retained earnings and surplus accounts become negative.
For a complete discussion of the criteria for determining
the capital status of perpetual debt, see 12 CFR, Part 225,
Appendix B.
Perpetual Preferred Stock: See ‘‘Preferred stock.’’
Policyholder: A policyholder is the party that owns an
insurance policy.
Pooling of Interests: See ‘‘Business combinations.’’
Pools of Residential Mortgages, Participations in: See
‘‘Transfers of financial assets.’’
Pools of Securities, Participations in: See ‘‘Repurchase/
resale agreements.’’
Preauthorized Transfer Account: See ‘‘Deposits.’’
Preferred Stock: Preferred stock is a form of ownership
interest in a holding company or other company which
entitles its holders to some preference or priority over the
owners of common stock, usually with respect to dividends or asset distributions in a liquidation.
Limited-life preferred stock is preferred stock that has a
stated maturity date or that can be redeemed at the option
of the holder. It excludes those issues of preferred stock
that automatically convert into perpetual preferred stock
or common stock at a stated date.
Perpetual preferred stock is preferred stock that does not
have a stated maturity date or that cannot be redeemed
at the option of the holder. It includes those issues of
preferred stock that automatically convert into common
stock at a stated date.
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Glossary

Premiums and Discounts: A premium arises when a
holding company or its consolidated subsidiaries purchase a security, loan, or other asset at a price in excess of
its par or face value, typically because the current level of
interest rates for such assets is less than its contract or
stated rate of interest. The difference between the purchase price and par or face value represents the premium
which all consolidated holding companies are required to
amortize.
A discount arises when a consolidated holding company
purchases a security, loan, or other asset at a price below
its par or face value, typically because the current level of
interest rates for such assets is greater than its contract or
stated rate of interest. A discount is also present on
instruments that do not have a stated rate of interest such
as U.S. Treasury bills and commercial paper. The difference between par or face value and the purchase price
represents the discount which all holding companies on
the accrual basis of accounting are required to accrete.
Premiums and discounts are accounted for as adjustments
to the yield on an asset over the life of the asset. A
premium must be amortized and a discount must be
accreted from date of purchase or maturity, not to the call
or put date. The preferable method for amortizing premiums and accreting discounts involves the use of the
interest method for accruing income on the asset. The
objective of the interest method is to produce a constant
yield or rate of return on the carrying value of the asset
(par or face value plus unamortized premium or less
unaccreted discount) at the beginning of each amortization period over the asset’s remaining life. The difference
between the periodic interest income that is accrued on
the asset and interest at the stated rate is the periodic
amortization or accretion. However, a straight-line method
of amortization or accretion is acceptable if the results
are not materially different from the interest method.
Deferred income taxes applicable to timing differences
between the amounts of discount accreted for purposes of
these reports and for income tax purposes must
be recognized in each year-end reporting period and
included in item 9, ‘‘Applicable income taxes (foreign
and domestic),’’ in Schedule HI of the Consolidated
Income Statement.
A premium or discount may also arise when the reporting
holding company or its consolidated subsidiaries, acting
either as a lender or a borrower, are involved in an
exchange of a note for assets other than cash and the
GL-72

interest rate is either below the market rate or not stated,
or the face amount of the note is materially different from
the fair value of the noncash assets exchanged. The
noncash assets and the related note shall be recorded at
either the fair value of the noncash assets or the market
value of the note, whichever is more clearly determinable. The market value of the note would be its present
value as determined by discounting all future payments
on the note using an appropriate interest rate, i.e., a rate
comparable to that on new loans of similar risk. The
difference between the face amount and the recorded
value of the note is a premium or discount. This discount
or premium shall be accounted for as an adjustment of
the interest income or expense over the life of the note
using the interest method described above.
For further information, see ASC Subtopic 835-30, Interest – Imputation of Interest (formerly APB Opinion No.
21, Interest on Receivables and Payables).
Private Company: A private company is a business
entity that is not a public business entity. For further
information, see the Glossary entry for “public business
entity.”
Public Business Entity:
The term “public business entity” is defined in the Master
Glossary in the Accounting Standards Codification (ASC).
The definition states that a business entity, such as a
holding company, that meets any one of five specified
criteria is a public business entity for reporting purposes
under U.S. GAAP. This also applies for FR Y-9C purposes. In contrast, a private company is a business entity
that is not a public business entity. A holding company
that is a public business entity is not permitted to apply
private company accounting alternatives when preparing
its FR Y-9C report.
As defined in the ASC Master Glossary, a business entity
is a public business entity if it meets any one of the
following criteria:
• It is required by the U.S. Securities and Exchange
Commission (SEC) to file or furnish financial statements, or does file or furnish financial statements
(including voluntary filers), with the SEC (including
other entities whose financial statements or financial
information are required to be or are included in a
filing).
Glossary

FR Y-9C
March 2016

Glossary

• It is required by the Securities Exchange Act of 1934
(the Act), as amended, or rules or regulations promulgated under the Act, to file or furnish financial statements with a regulatory agency other than the SEC
(such as one of the federal banking agencies).
• It is required to file or furnish financial statements with
a foreign or domestic regulatory agency in preparation
for the sale of or for purposes of issuing securities that
are not subject to contractual restrictions on transfer.
• It has issued debt or equity securities that are traded,
listed, or quoted on an exchange or an over-the-counter
market, which includes an interdealer quotation or
trading system for securities not listed on an exchange
(for example, OTC Markets Group, Inc., including the
OTC Pink Markets, or the OTC Bulletin Board).
• It has one or more securities that are not subject to
contractual restrictions on transfer, and it is required by
law, contract, or regulation to prepare U.S. GAAP
financial statements (including footnotes) and make
them publicly available on a periodic basis (for example, interim or annual periods). An entity must meet
both of these conditions to meet this criterion.
The Master Glossary also explains that if an entity meets
the definition of a public business entity solely because
its financial statements or financial information is included
in another entity’s filing with the SEC, the holding
company is only a public business entity for purposes of
financial statements that are filed or furnished with the
SEC, but not for other reporting purposes or for FR Y-9C
purposes.
If a holding company does not meet any one of the first
four criteria, it would need to consider whether it meets
both of the conditions included in the fifth criterion to
determine whether it would be a public business entity.
With respect to the first condition under the fifth criterion, a stock institution must determine whether it has a
class of securities not subject to contractual restrictions
on transfer, which the FASB has stated means that the
securities are not subject to management preapproval on
resale. A contractual management preapproval requirement that lacks substance would raise questions about
whether the stock institution meets this first condition.
Purchase Acquisition: See “Business combinations.”
Purchased Credit-Impaired Loans and Debt Securities: Purchased credit-impaired loans and debt securities
FR Y-9C
Glossary March 2016

are loans and debt securities that a holding company has
purchased, including those acquired in a purchase business combination, where there is evidence of deterioration of credit quality since the origination of the loan or
debt security and it is probable, at the purchase date, that
the holding company will be unable to collect all contractually required payments receivable. Such loans and debt
securities acquired in fiscal years beginning after December 15, 2004, must be accounted for in accordance with
ASC Subtopic 310-30, Receivables – Loans and Debt
Securities Acquired with Deteriorated Credit Quality
(formerly AICPA Statement of Position 03-3, Accounting
for Certain Loans or Debt Securities Acquired in a
Transfer). ASC Subtopic 310-30 does not apply to loans
that a bank has originated.
Under ASC Subtopic 310-30, a purchased creditimpaired loan or debt security is initially recorded at its
purchase price (in a purchase business combination, the
present value of amounts to be received). ASC Subtopic
310-30 limits the yield that may be accreted on the loan
or debt security (the accretable yield) to the excess of the
holding company’s estimate of the undiscounted principal, interest, and other cash flows expected at acquisition
to be collected on the asset over the holding company’s
initial investment in the asset. The excess of contractually required cash flows over the cash flows expected to
be collected on the loan or debt security, which is referred
to as the nonaccretable difference, must not be recognized as an adjustment of yield, loss accrual, or valuation
allowance. Neither the accretable yield nor the nonaccretable difference may be shown on the balance sheet
(Schedule HC). After acquisition, increases in the cash
flows expected to be collected generally should be recognized prospectively as an adjustment of the asset’s yield
over its remaining life. Decreases in cash flows expected
to be collected should be recognized as an impairment.
For purposes of applying the guidance in ASC Subtopic
310-30 to loans not accounted for as debt securities, an
institution may aggregate loans acquired in the same
fiscal quarter that have common risk characteristics and
thereby use a composite interest rate and expectation of
cash flows expected to be collected for the pool. To be
eligible for aggregation, each loan first should be determined individually to meet the scope criteria in the first
sentence of this Glossary entry. After determining that
certain acquired loans individually meet these scope
criteria, the institution may evaluate whether such loans
have common risk characteristics, thus permitting the
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Glossary

aggregation of such loans into one or more pools. The
aggregation must be based on common risk characteristics that include similar credit risk or risk ratings, and one
or more predominant risk characteristics, such as financial asset type, collateral type, size, interest rate, date of
origination, term, and geographic location. Upon establishment of a pool of purchased credit-impaired loans,
the pool becomes the unit of account.
Once a pool of purchased credit-impaired loans is
assembled, the integrity of the pool must be maintained.
An institution should remove an individual loan from a
pool of purchased credit-impaired loans only if the
institution sells, forecloses, or otherwise receives assets
in satisfaction of the loan or if the loan is written off.
When an individual loan is removed from a pool of
purchased credit-impaired loans under these circumstances, the loan shall be removed at its carrying amount.
Carrying amount is defined as the loan’s current contractually required payments receivable less its remaining
nonaccretable difference, accretable yield, and any postacquisition loan loss allowance. An institution that
accounts for a pool of purchased credit-impaired loans
with common risk characteristics as one unit of account
may or may not document and maintain data on the
nonaccretable difference and accretable yield on a loanby-loan basis. Accordingly, for purposes of determining
the carrying amount of an individual loan in the pool, an
institution may apply a systematic and rational approach
to allocating the nonaccretable difference and accretable
yield for the pool to an individual loan in the pool. One
acceptable approach is a pro rata allocation of the pool’s
total remaining nonaccretable difference and accretable
yield to an individual loan in proportion to the loan’s
current contractually required payments receivable compared to the pool’s total contractually required payments
receivable.
A refinancing or restructuring of a loan within a pool of
purchased credit-impaired loans should not result in the
removal of the loan from the pool. In addition, a modification of the terms of a loan within a pool of purchased
credit-impaired loans is not considered a troubled debt
restructuring under the scope exceptions in ASC Subtopic 310-40, Receivables - Troubled Debt Restructurings by Creditors (formerly FASB Statement No. 15,
’’Accounting by Debtors and Creditors for Troubled
Debt Restructurings,‘‘ as amended). However, a modification of the terms of a purchased credit-impaired loan
accounted for individually must be evaluated to deterGL-74

mine whether the modification represents a troubled debt
restructuring that should be accounted for in accordance
with ASC 310-40. For further information, see the Glossary entry for ’’troubled debt restructurings.
ASC Subtopic 310-30 does not prohibit a holding company from placing a purchased credit-impaired loan
accounted for individually, a pool of purchased creditimpaired loans with common risk characteristics, or a
purchased credit-impaired debt security in nonaccrual
status. Because a loan (including a loan aggregated with
other loans with common risk characteristics) or debt
security accounted for in accordance with ASC Subtopic
310-30 has evidence of deterioration of credit quality
since origination, a purchasing holding company must
determine upon acquisition whether it is appropriate to
recognize the accretable yield as income over the life of
the loan, pool of loans or debt security using the interest
method. In order to apply the interest method, the holding
company must have sufficient information to reasonably
estimate the amount and timing of the cash flows
expected to be collected on a purchased credit-impaired
loan, pool of loans or debt security. When the amount and
timing of the cash flows cannot be reasonably estimated
at acquisition, the holding company should place the
purchased credit-impaired loan, pool of loans or debt
security in a nonaccrual status and then apply the cost
recovery method or cash basis income recognition to the
asset. (For purchased credit-impaired loans with common
risk characteristics that are aggregated and accounted for
as a pool, the determination of nonaccrual or accrual
status should be made at the pool level, not at the
individual loan level.) In addition, if a purchased creditimpaired loan or debt security is acquired primarily for
the rewards of ownership of the underlying collateral,
accrual of income is inappropriate and the loan or debt
security should be placed in nonaccrual status. The
amount of a purchased credit-impaired loan, pool of
loans, or debt security in nonaccrual status should be
reported in the appropriate items of Schedule HC-N, Past
Due and Nonaccrual Loans, Leases, and Other Assets,
column C.
When accrual of income on a purchased credit-impaired
loan or purchased credit-impaired debt security is appropriate (either at acquisition or at a later date when the
amount and timing of the cash flows can be reasonably
estimated), the delinquency status of the asset should be
determined in accordance with its contractual repayment
terms for purposes of reporting the amount of the loan or
Glossary

FR Y-9C
June 2015

Glossary

debt security as past due in the appropriate items of
Schedule HC-N, column A or B. When accrual of income
on a pool of purchased credit-impaired loans with common risk characteristics is appropriate, delinquency status should be determined individually for each loan in the
pool in accordance with the individual loan’s contractual
repayment terms for purposes of reporting the amount of
individual loans within the pool as past due in the
appropriate items of Schedule HC-N, column A or B.
ASC Subtopic 310-30 prohibits a holding company from
’’carrying over’’ or creating loan loss allowances in the
initial accounting for purchased credit-impaired loans.
This prohibition applies to the purchase of an individual
impaired loan, a pool or group of impaired loans, and
impaired loans acquired in a business combination. However, if, upon evaluation of a purchased credit-impaired
loan held for investment (and not accounted for as a debt
security) subsequent to acquisition, based on current
information and events, it is probable that a holding
company is unable to collect all cash flows expected at
acquisition (plus additional cash flows expected to be
collected arising from changes in estimate after acquisition) on the loan, the purchased credit-impaired loan
should be considered impaired for purposes of establishing an allowance pursuant to ASC Subtopic 450-20,
Contingencies – Loss Contingencies (formerly FASB
Statement No. 5, Accounting for Contingencies) or ASC
Topic 310, Receivables (formerly FASB Statement No.
114, Accounting by Creditors for Impairment of a Loan),
as appropriate. For purchased credit-impaired loans with
common risk characteristics that are aggregated and
accounted for as a pool, this impairment analysis should
be performed subsequent to acquisition at the pool level
as a whole and not at the individual loan level. Holding
companies should include such postacquisition allowances in the holding company’s allowance for loan and
lease losses as reported in Schedule HC, item 4(c), and
Schedule HI-B, part II, item 7, and disclose the amount of
these allowances in Schedule HI-B, part II, Memorandum item 4.
In Schedule HC-C, Loans and Leases, holding companies
should report the amount of a purchased credit-impaired
loan in the appropriate loan category (items 1 through 9).
Neither the accretable yield nor the nonaccretable difference associated with a purchased impaired loan should be
reported as unearned income in Schedule HC-C, item 11.
In addition, holding companies should report in Schedule
HC-C, Memorandum items 5(a) and 5(b), the outstanding
FR Y-9C
Glossary June 2015

balance and amount, respectively, of all purchased
impaired credit-loans reported as held for investment in
Schedule HC-C. An institution also should report the
outstanding balance and amount of those held-forinvestment purchased credit-impaired loans reported in
Schedule HC-C, part I, Memorandum items 5.a and 5.b,
that are past due 30 through 89 days and still accruing,
past due 90 days or more and still accruing, or in
nonaccrual status as of the report date in Schedule HC-N,
Memorandum items 9.a and 9.b, column A, B, or C,
respectively, in accordance with the past due and nonaccrual guidance provided above in this Glossary entry.
For further information, refer to ASC Subtopic 310-30.
Put Option: See ‘‘Futures, forward, and standby
contracts.’’
Real Estate, Loan Secured By: See ‘‘Loans secured by
real estate.’’
Reciprocal Balances: Reciprocal balances arise when
two depository institutions maintain deposit accounts
with each other, that is, when a subsidiary bank of the
consolidated holding company has both a due to and a
due from balance with another depository institution. For
purposes of the FR Y-9C, reciprocal balances between
subsidiaries of the reporting holding company and unrelated banks should be reported in accordance with generally accepted accounting principles.
GAAP permits financial institutions to net reciprocal
balances where right of offset exists.
For a definition of ‘‘Commercial banks in the U.S.,’’ see
the Glossary entry for ‘‘Banks, U.S. and foreign.’’
Reinsurance: Reinsurance is the transfer, with indemnification, of all or part of the underwriting risk from one
insurer to another for a portion of the premium or other
consideration. Reinsurance contacts may be on an excessof-loss or quota-share basis, the latter being when the
primary underwriter and the reinsurer proportionately
share all insured losses from the first dollar. Reinsurance
includes insurance coverage arranged by a holding company affiliate such as a mortgage reinsurance company,
underwritten by another underwriter and then returned or
ceded in part or whole back to the mortgage reinsurance
affiliate.
Reinsurance Recoverables: Reinsurance recoverables
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represent reimbursements expected by insurance underwriters, under reinsurance contracts governing underwriting coverage ceded to another insurer, for paid and
unpaid claims, claim settlement expenses and other policy benefits. Reinsurance recoverables do not include
insurance payments expected by the holding company as
a result of policy claims filed by the company with
insurance underwriters.
Renegotiated ‘‘Troubled’’ Debt: See ‘‘Troubled debt
restructuring.’’
Repurchase Agreements to Maturity and Long-Term
Repurchase Agreements: See ‘‘Repurchase/resale
agreements.’’
Repurchase/Resale Agreements: A repurchase agreement is a transaction involving the ‘‘sale’’ of financial
assets by one party to another, subject to an agreement by
the ‘‘seller’’ to repurchase the assets at a specified date
or in specified circumstances. A resale agreement (also
known as a reverse repurchase agreement) is a transaction involving the ‘‘purchase’’ of financial assets by
one party from another, subject to an agreement by the
‘‘purchaser’’ to resell the assets at a specified date or in
specified circumstances.
As stated in the AICPA’s Audit and Accounting Guide for
Banks and Savings Institutions, dollar repurchase agreements (also called dollar rolls) are agreements to sell and
repurchase similar but not identical securities. The dollar
roll market consists primarily of agreements that involve
mortgage-backed securities (MBS). Dollar rolls differ
from regular repurchase agreements in that the securities
sold and repurchased, which are usually of the same
issuer, are represented by different certificates, are collateralized by different but similar mortgage pools (for
example, single-family residential mortgages) and generally have different principal amounts.
General rule—Consistent with ASC Topic 860, Transfers and Servicing (formerly FASB Statement No. 140,
Accounting for Transfers and Servicing of Financial
Assets and Extinguishments of Liabilities, as amended),
repurchase and resale agreements involving financial
assets (e.g., securities and loans), including dollar repurchase agreements, are either reported as (a) secured
borrowings and loans or (b) sales and forward repurchase
commitments based on whether the transferring (‘‘selling’’) institution maintains control over the transferred
assets. (See Glossary entry for ‘‘transfers of financial
assets’’ for further discussion of control criteria).
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If a repurchase agreement both entitles and obligates the
‘‘selling’’ institution to repurchase or redeem the transferred assets from the transferee (‘‘purchaser’’) the ‘‘selling’’ institution should report the transaction as a secured
borrowing if and only if the following conditions have
been met:
(1) The assets to be repurchased or redeemed are the
same or ‘‘substantially the same’’ as those transferred, as defined by ASC Topic 860.
(2) The ‘‘selling’’ institution has the ability to repurchase
or redeem the transferred assets on substantially the
agreed terms, even in the event of default by the
transferee (‘‘purchaser’’). This ability is presumed to
exist if the ‘‘selling’’ institution has obtained cash or
other collateral sufficient to fund substantially all of
the cost of purchasing replacement assets from others.
(3) The agreement is to repurchase or redeem the transferred assets before maturity, at a fixed or determinable price.
(4) The agreement is entered into concurrently with the
transfer.
Participations in pools of securities are to be reported
in the same manner as security repurchase/resale
transactions.
Repurchase agreements reported as secured
borrowings.—If a repurchase agreement qualifies as a
secured borrowing, the ‘‘selling’’ institution should report
the transaction as indicated below based on whether the
agreement involves a security or some other financial
asset.
(1) Securities ‘‘sold’’ under agreements to repurchase are
reported in Schedule HC, item 14(b), ‘‘Securities
sold under agreements to repurchase.’’
(2) Financial assets (other than securities) ‘‘sold’’ under
agreements to repurchase are reported as follows:
(a) If the repurchase agreement has an original
maturity of one business day (or is under a
continuing contract) and is in immediately available funds, it should be reported in Schedule HC,
item 14(a), ‘‘Federal funds purchased (in domestic offices),’’ if it is a domestic office, and in
Schedule HC, item 16, ‘‘Other borrowed money,’’
if it is a foreign office.
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(b) If the repurchase agreement has an original
maturity of more than one business day or is not
in immediately available funds, it should be
reported in Schedule HC, item 16, ‘‘Other borrowed money.’’
In addition, the ‘‘selling’’ institution may need to record
further entries depending on the terms of the agreement.
If the ‘‘purchaser’’ has the right to sell or repledge
noncash assets, the ‘‘selling’’ institution should recategorize the transferred financial assets as ‘‘assets receivable’’
and report them in Schedule HC, item 11, ‘‘Other assets.’’
Otherwise, the financial assets should continue to be
reported in the same asset category as before the transfer
(e.g., securities should continue to be reported in Schedule HC, item 2, ‘‘Securities,’’ or item 5, ‘‘Trading
Assets,’’ as appropriate).
Resale agreements reported as secured borrowings.—
Similarly, if a resale agreement qualifies as a secured
borrowing, the ‘‘purchasing’’ institution should report the
transaction as indicated below based on whether the
agreement involves a security of some other financial
asset.
(1) Securities ‘‘purchased’’ under agreements to resell
reported in Schedule HC, item 3(b), ‘‘Securities
purchased under agreements to resell.’’
(2) Financial assets (other than securities) ‘‘purchased’’
under agreements to resell are reported as follows:
(a) If the resale agreement has an original maturity
of one business day (or is under a continuing
contract) and is in immediately available funds, it
should be reported in Schedule HC, item 3(a),
‘‘Federal funds sold (in domestic offices),’’ if it is
in a domestic office, and in Schedule HC, item
4(b), ‘‘Loans and leases, held for investment,’’ if
it is a foreign office.
(b) If the resale agreement has an original maturity
of more than one business day or is not in
immediately available funds, it should be reported
in Schedule HC, item 4(b), ‘‘Loans and leases,
held for investment.’’
In addition, the ‘‘purchasing’’ institution may need to
record further entries depending on the terms of agreement. If the ‘‘purchasing’’ institution has the right to sell
the noncash assets it has ‘‘purchased’’ and sells these
assets, it should recognize the proceeds from the sale and
FR Y-9C
Glossary September 2018

report its obligation to return the assets in Schedule HC,
item 20, ‘‘Other liabilities.’’ If the ‘‘selling’’ institution
defaults under the terms of the repurchase agreement and
is no longer entitled to redeem the noncash assets, the
‘‘purchasing’’ institution should recognize these assets on
its own balance sheet (e.g., securities should be reported
in Schedule HC, item 2, ‘‘Securities,’’ or item 5, ‘‘Trading assets,’’ as appropriate) and initially measure them at
fair value. However, if the ‘‘purchasing’’ insitution has
already sold the assets it has ‘‘purchased,’’ it should
derecognize its obligation to return the assets. Otherwise,
the ‘‘purchasing’’ institution should not recognize the
transferred financial assets (i.e., the financial assets ‘‘purchased’’ under the resale agreement) on its balance sheet.
Repurchase/resale agreements reported as sales.—If a
repurchase agreement does not qualify as a secured
borrowing under ASC Topic 860, the selling institution
should account for the transaction as a sale of financial
assets and a forward repurchase commitment. The selling
institution should remove the transferred assets from its
balance sheet, record the proceeds from the sale of
transferred assets (including the forward repurchase commitment) and record any gain or loss on the transaction.
Similarly, if a resale agreement does not qualify as a
borrowing under ASC Topic 860, the purchasing institution should account for the transaction as a purchase of
financial assets and a forward resale commitment. The
purchasing institution should record the transferred assets
on its balance sheet and initially measure them at fair
value, record the payment for the purchased assets
(including the forward resale commitment).
Reserve Balances, Pass-through: See ‘‘Pass-through
reserve balances.’’
Revenue from Contracts with Customers: ASC Topic
606, Revenue from Contracts with Customers, when it
becomes effective as a result of ASU 2014-09,22 provides
guidance on how an entity should recognize revenue
from these transactions. The core principle of Topic 606
22. For Holding companies that are public business entities, as defined
under U.S. GAAP, the new standard is effective for fiscal years
beginning after December 15, 2017, including interim reporting
periods within those fiscal years. For holding companies that are not
public business entities (i.e., that are private companies), the new
standard is effective for fiscal years beginning after December 15,
2018, and interim reporting periods within fiscal years beginning after
December 15, 2019. Early application of the new standard is permitted. See the Glossary entries for “public business entity” and “private
company” for the definitions of these terms.

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is that an entity should recognize revenue at an amount
that reflects the consideration to which it expects to be
entitled in exchange for transferring goods or services to
a customer as part of the entity’s ordinary activities. ASU
2014-09 also added Topic 610, Other Income, to the
ASC. Topic 610 applies to income recognition that is not
within the scope of Topic 606, other Topics (such as
Topics 840 and 842 on leases, as applicable), or other
revenue or income guidance. Topic 610 applies to an
institution’s sales of repossessed nonfinancial assets,
such as other real estate owned (OREO). See the Glossary entry for “foreclosed assets” for guidance on the
accounting and reporting for the sale of OREO and other
repossessed nonfinancial assets
ASC Topic 606 specifically excludes financial instruments and other contractual rights or obligations within
the scope of Topic 310, Receivables; Topic 320, Investments - Debt Securities; Topic 321, Investments - Equity
Securities; Topic 815, Derivatives and Hedging; Topic
860, Transfers and Servicing, and certain other ASC
Topics. Therefore, many common revenue streams in the
financial sector, such as interest income, fair value adjustments, gains and losses on sales of financial instruments,
and loan origination fees, are not within the scope of
ASC Topic 606. However, the provisions of ASC Topic
606 may affect the timing for the recognition of, and the
presentation of, those revenue streams within the scope
of this accounting standard, such as certain fees associated with credit card arrangements, underwriting fees and
costs, and deposit-related fees. To achieve the core
principle described above when accounting for transactions within the scope of ASC Topic 606, an institution
should apply the following steps as set forth in Topic
606:
Step 1: Identify the contract(s) with a customer.
Step 2: Identify the performance obligations in the
contract.

ment of recourse arrangements and direct credit substitutes, including residual interests and credit-enhancing
interest-only strips, which was published on November 29, 2001. This entry provides guidance for determining whether sales of loans, securities, receivables, and
other assets are subject to the agencies’ risk-based capital
standards and are reportable in Schedule HC-R, Regulatory Capital, and Schedule HC-S, Servicing, Securitization and Asset Sale Activities. For information on the
reporting of transfers of financial assets for purposes of
the balance sheet, income statement, and related schedules, see the Glossary entry for ‘‘transfers of financial
assets.’’
For purposes of reporting in Schedules HC-R and HC-S,
some transfers of assets that qualify as sales under
generally accepted accounting principles are subject to
the capital guidelines because they meet the following
definition of “recourse” that is set forth in those guidelines.
Definition of ‘‘recourse’’ for risk-based capital
purposes—As defined in capital guidelines, recourse
means an arrangement in which a holding company
retains, in form or in substance, any credit risk directly or
indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that
exceeds a pro rata share of the holding company’s claim
on the asset. If a holding company has no claim on an
asset it has sold, then the retention of any credit risk is
recourse.
A recourse obligation typically arises when an institution
transfers assets on a sale and retains an obligation to
repurchase the assets or absorb losses due to a default of
principal or interest or any other deficiency in the performance of the underlying obligor or some other party.
Recourse may also exist implicitly where a holding
company provides credit enhancement beyond any contractual obligation to support assets it has sold.

Step 3: Determine the transaction price.
Step 4: Allocate the transaction price to the performance
obligations in the contract.
Step 5: Recognize revenue when (or as) the institution
satisfies a performance obligation. For further guidance
on applying these steps, refer to ASC Topic 606.
Sales of Assets for Risk-Based Capital Purposes: This
entry should be read in conjunction with the Federal
Reserve’s final rule revising the regulatory capital treatGL-78

The following are examples of recourse arrangements:
(1) Credit-enhancing representations and warranties made
on the transferred assets, i.e., representations and
warranties that are made in connection with a transfer
of assets (including loan servicing assets) and that
obligate a holding company to protect investors from
losses arising from credit risk in the assets transferred
or the loans serviced. Credit-enhancing representations and warranties include promises to protect a
Glossary

FR Y-9C
September 2018

Glossary

party from losses resulting from the default or nonperformance of another party or from an insufficiency in the value of collateral. Credit-enhancing
representations and warranties do not include:
(a) Early-default clauses and similar warranties that
permit the return of, or premium refund clauses
covering, qualifying 1–4 family residential first
mortgage loans, i.e., those that qualify for a
50 percent risk weight for risk-based capital
purposes, for a period of 120 days from the date
of transfer. These warranties may cover only
those loans that were originated within 1 year of
the date of transfer.
(b) Premium refund clauses covering assets guaranteed, in whole or in part, by the U.S. Government, a U.S. Government agency, or a U.S.
Government-sponsored agency, provided the premium refund clauses are for a period not to
exceed 120 days from the date of transfer.
(c) Warranties that permit the return of assets in
instances of fraud, misrepresentation, or incomplete documentation.
(2) Loan servicing assets retained pursuant to an agreement under which the holding company does one or
more of the following:
(a) Is responsible for losses associated with the loans
serviced.
(b) Is responsible for making mortgage servicer cash
advances, i.e., funds that a residential mortgage
servicer advances to ensure an uninterrupted flow
of payments or the timely collection of residential mortgage loans, including disbursements
made to cover foreclosure costs or other expenses
arising from a mortgage loan to facilitate its
timely collection. A mortgage servicer cash
advance is not a recourse obligation if:
(i) the mortgage servicer is entitled to full reimbursement or, for any one residential mortgage loan, nonreimbursable advances are
limited to an insignificant amount of the
outstanding principal on that loan, and
(ii) the servicer’s entitlement to reimbursement
is not subordinated.
(c) Makes credit-enhancing representations and warranties on the serviced loans.
FR Y-9C
Glossary June 2015

(3) Retained subordinated interests that absorb more
than their pro rata share of losses from the underlying
assets.
(4) Assets sold under an agreement to repurchase, if the
assets are not already included on the balance sheet.
(5) Loan strips sold without contractual recourse where
the maturity of the transferred portion of the loan is
shorter than the maturity of the commitment under
which the loan is drawn.
(6) Credit derivative contracts under which the holding
company retains more than its pro rata share of credit
risk on transferred assets.
(7) Clean-up calls, except that calls that are exercisable
at the option of the holding company (as servicer or
as an affiliate of the servicer) only when the pool
balance is 10 percent or less of the original pool
balance are not recourse.
In addition, all recourse arrangements in the form of
on-balance sheet assets are ‘‘residual interests.’’ The
capital guidelines define ‘‘residual interest’’ to mean
any on-balance sheet asset that represents an interest
(including a beneficial interest) created by a transfer that
qualifies as a sale (in accordance with generally accepted
accounting principles) of financial assets, whether through
a securitization or otherwise, and that exposes a holding
company to credit risk directly or indirectly associated
with the transferred asset that exceeds a pro rata share of
the holding company’s claim on the asset, whether
through subordination provisions or other credit enhancement techniques. In general, residual interests include
credit-enhancing interest-only strips, spread accounts,
cash collateral accounts, retained subordinated interests,
other forms of overcollateralization, accrued but uncollected interest on transferred assets that (when collected)
will be available to serve in a credit-enhancing capacity,
and similar on-balance sheet assets that function as a
credit enhancement.
If an asset transfer that qualifies for sale treatment under
generally accepted accounting principles meets the preceding definition of ‘‘recourse,’’ the transaction must
be treated as an ‘‘asset sale with recourse’’ for purposes
of reporting risk-based capital information in Schedule HC-R. The transaction must also be reported as an
asset sale with recourse in Schedule HC-S, item 1 or
item 11, as appropriate, depending on whether the asset
was securitized by the reporting institution.
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Glossary

Assets transferred in transactions that do not qualify as
sales under generally accepted accounting principles
should continue to be reported as assets on the balance
sheet and are subject to the capital guidelines.
Summary Description of the Risk-Based Capital Treatment of Recourse Arrangements—Under the capital
guidelines, in general, a holding company must hold
risk-based capital against the entire outstanding amount
of the assets sold with recourse. However, some of the
exceptions to this general rule include the following:
(1) Under the low-level exposure provisions of the capital guidelines, the risk-based capital requirement for
a recourse arrangement is limited to the maximum
contractual loss exposure when this amount is less
than the amount of risk-based capital that would be
required to be held against the entire outstanding
amount of the assets sold.
(2) For a residual interest or other recourse exposure in a
securitization (other than a credit-enhancing interestonly strip) that qualifies for the ratings-based
approach, the required amount of risk-based capital
is determined based on the relative risk of loss of the
residual interest or other recourse exposure.
(3) For a residual interest that does not qualify for the
ratings-based approach, including a credit-enhancing
interest-only strip that is not deducted from Tier 1
capital under the concentration limit, the residual
interest is subject to a dollar-for-dollar capital charge.
(4) Under Section 208 of the Riegle Community Development and Regulatory Improvement Act of 1994,
risk-based capital must be held against the amount of
recourse retained on small business obligations transferred with recourse.
For further information on the reporting of recourse
arrangements for risk-based capital calculation purposes,
refer to the instructions for Schedule HC-R, Regulatory
Capital, including the sections of instructions on ‘‘RiskWeighted Assets’’ and ‘‘Balance Sheet Asset Categories’’ and the instructions for the following Schedule HC-R items:
• Item 49, ‘‘Retained recourse on small business obligations sold with recourse;’’
• Item 50, ‘‘Recourse and direct credit substitutes (other
than financial standby letters of credit) subject to the
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low level exposure rule and residual interests subject to
a dollar-for-dollar capital requirement;’’ and
• Item 51, ‘‘All other financial assets sold with recourse.’’
Interpretations and illustrations of the definition of
‘‘recourse’’ for risk-based capital purposes:
(1) For any given asset transfer, the determination of
whether credit risk is retained by the transferring
institution in excess of a pro rata share of its claim on
the asset is to be based upon the substance of the
transfer agreement or other relevant documents or
informal commitments and understandings, or subsequent actions of the parties to the transactions, not
upon the form or particular terminology used. The
presence of a bona fide ‘‘sale with recourse’’ provision would establish the transaction as an asset sale
with recourse for purposes of risk-based capital and
Schedules HC-R and HC-S. However, the absence
of a recourse provision, the absence of the term
‘‘recourse,’’ even the presence of a statement to the
effect that there is no recourse or, in the case of a
participation, the use of the terms ‘‘pass-through’’ or
‘‘pure pass-through’’ will not by themselves establish
a transaction as a sale that is not subject to risk-based
capital. If other conditions and provisions of the
transfer are such as to leave the transferor with credit
risk as described in the definition of recourse, the
transfer is an asset sale with recourse for purposes of
risk-based capital and Schedules HC-R and HC-S.
(2) If assets are sold subject to specific contractual terms
that limit the seller’s recourse liability to a percentage of the amount of assets sold or to a specific
dollar amount and this percentage or amount exceeds
a pro rata share of the seller’s claim on the assets,
the transaction represents an asset sale with recourse
for risk-based capital purposes. For example, if assets
are sold subject to a ten percent recourse liability
provision (i.e., the seller’s credit risk is limited to ten
percent of the amount of assets sold) with no other
retention of credit risk by the seller, the total outstanding amount of the assets sold is subject to
risk-based capital, not just ten percent of the assets
sold, unless the low level exposure rule (discussed in
the instructions to Schedule HC-R, item 50) applies.
(3) Among the transfers where credit risk has been
retained by the seller and that should be considered
by the seller as asset sales with recourse for purposes
Glossary

FR Y-9C
June 2015

Glossary

of risk-based capital and Schedules HC-R and HC-S
are arrangements such as the following (this list is
illustrative of the principles involved in the application of the definition of ‘‘recourse’’ and is not
all-inclusive)—
(a) the sale of an asset with a realistic bona fide put
option allowing the purchaser, at its option, to
return the asset to the seller;
(b) the sale of an asset guaranteed by a standby letter
of credit issued by the seller;
(c) the sale of an asset guaranteed by a standby letter
of credit issued by any other party in which the
credit risk on the asset sold, either directly or
indirectly, rests with the seller;
(d) the sale of an asset guaranteed by an insurance
contract in which the seller, either directly or
indirectly, indemnifies or otherwise protects the
insurer in any manner against credit risk; and
(e) sales and securitizations of assets which use
contractual cash flows (e.g., interest-only strips
receivable and so-called ‘‘spread accounts’’),
retained subordinated interests, or retained securities (e.g., collateral invested amounts and cash
collateral accounts) as credit enhancements.
(4) The sale of a loan or other asset subject to an
agreement under which the seller will pass through to
the purchaser a rate of interest that differs from the
stated rate of interest on the transferred asset would
not, for this reason alone, require the transaction to
be treated as an asset sale with recourse for riskbased capital purposes provided (1) the seller’s obligation to pass interest through to the purchaser is
contingent upon the continued interest payment performance of the underlying obligor of the transferred
asset (i.e., the seller has no obligation to pass interest
through if the obligor defaults in whole or in part on
interest or principal) and (2) none of the other
characteristics of the sale or participation causes the
transaction to meet the definition of ‘‘recourse.’’
(5) The definition of ‘‘recourse’’ applies to all transfers
of assets, including sales of a single asset or of a pool
of assets and sales of participations in a single asset
or in a pool of assets (whether of similar or dissimilar
instruments). In participations that qualify for sale
treatment under generally accepted accounting prinFR Y-9C
Glossary June 2015

ciples and are not ‘‘syndications’’ (as described in the
Glossary item for that term), the seller of the participations should handle the transfer of shares to participants in accordance with the definition of ‘‘recourse,’’
even though the assets being participated were
acquired or accumulated for the express purpose of
issuing participations and even though the participation was prearranged with the purchasers of the
participations. However, the definition of ‘‘recourse’’
does not apply to the initial operation and distribution of participations in the form of syndications,
since in a syndication there is no transfer of assets
involved of the type to which this definition is
addressed. Any subsequent transfers of shares, or
parts of shares, in a syndicated loan would be subject
to the ‘‘recourse’’ definition.
(6) The definition of ‘‘recourse’’ (and these interpretations and illustrations) is also applicable to asset
transfers that are made to special or limited purpose
entities that are not technically affiliated with the
seller. Regardless of the legal structure of the transaction, if credit risk is retained by the seller, either
contractually or otherwise, either directly or indirectly, the seller should treat the transaction as an
asset sale with recourse for purposes of risk-based
capital and Schedules HC-R and HC-S even if the
sale to the special purpose entity is stated as being
without recourse.
Savings Deposits: See ‘‘Deposits.’’
Securities Activities: Institutions should categorize their
investments in debt securities and certain equity securities
(i.e., those equity securities with readily determinable
fair values) as trading, available-for-sale, or held-tomaturity consistent with ASC Topic 320, InvestmentsDebt and Equity Securities (formerly FASB Statement
No. 115, Accounting for Certain Investments in Debt and
Equity Securities, as amended). Management should
periodically reassess its security categorization decisions
to ensure that they remain appropriate.
Securities that are intended to be held principally for the
purpose of selling them in the near term should be
classified as trading assets. Trading activity includes
active and frequent buying and selling of securities for
the purpose of generating profits on short-term fluctuations in price. Securities held for trading purposes must
be reported at fair value, with unrealized gains and losses
recognized in current earnings and regulatory capital.
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Glossary

Institutions may also elect to report securities within the
scope of ASC Topic 320 at fair value in accordance with
ASC Subtopic 825-10, Financial Instruments – Overall
(formerly FASB Statement No. 159, The Fair Value
Option for Financial Assets and Financial Liabilities).
Securities for which the fair value option is elected
should be classified as trading assets with unrealized
gains and losses recognized in current earnings and
regulatory capital. In general, the fair value option may
be elected for an individual security only when it is first
recognized and the election is irrevocable.
Held-to-maturity securities are debt securities that an
institution has the positive intent and ability to hold to
maturity. Held-to-maturity securities are generally
reported at amortized cost. Securities not categorized as
trading or held-to-maturity must be reported as availablefor-sale. An institution must report its available-for-sale
securities at fair value on the balance sheet, but unrealized gains and losses are excluded from earnings and
reported in a separate component of equity capital (i.e., in
Schedule HC, item 26(b), ‘‘Accumulated other comprehensive income’’).

these cases, the fair value of the debt security would
become its new amortized cost basis.
In addition, under ASC Topic 320, if the present value of
cash flows expected to be collected on a debt security is
less than its amortized cost basis, a credit loss exists. In
this situation, if an institution does not intend to sell the
security and it is not more likely than not that the
institution will be required to sell the debt security before
recovery of its amortized cost basis less any currentperiod credit loss, an other-than-temporary impairment
has occurred. The amount of the total other-thantemporary impairment related to the credit loss must be
recognized in earnings, but the amount of the total
impairment related to other factors must be recognized in
other comprehensive income, net of applicable taxes.

When the fair value of a security is less than its (amortized) cost basis, the security is impaired and the impairment is either temporary or other than temporary. Under
ASC Topic 320, institutions must determine whether an
impairment of an individual available-for-sale or held-tomaturity security is other than temporary. To make this
determination, institutions should apply applicable
accounting guidance including, but not limited to, ASC
Topic 320, ASC Subtopic 325-40, Investments-Other –
Beneficial Interests in Securitized Financial Assets (formerly EITF Issue No. 99-20, Recognition of Interest
Income and Impairment on Purchased and Retained
Beneficial Interests in Securitized Financial Assets, as
amended), and SEC Staff Accounting Bulletin No. 59,
Other Than Temporary Impairment of Certain Investments in Equity Securities (Topic 5.M. in the Codification of Staff Accounting Bulletins).

Other-than-temporary impairment losses on held-tomaturity and available-for-sale debt securities that must
be recognized in earnings should be included in Schedule
HI, items 6(a) and 6(b), respectively. Other-thantemporary impairment losses that are to be recognized in
other comprehensive income, net of applicable taxes,
should be reported in item 12 of Schedule HI-A, Changes
in Bank Equity Capital, and included on the balance sheet
in Schedule HC, item 26(b), ‘‘Accumulated other comprehensive income.’’ The amount of other-than-temporary
impairment losses on held-to-maturity and available-forsale debt securities recognized in earnings during the
current calendar year-to-date reporting period should be
reported in Schedule HI, Memorandum item 17. For a
held-to-maturity debt security on which the institution has
recognized an other-than-temporary impairment loss related to factors other than credit loss in other comprehensive income, the institution should report the carrying
value of the debt security in Schedule HC, item 2(a), and
in column A of Schedule HC-B, Securities. Under ASC
Topic 320, this carrying value should be the fair value of
the held-to-maturity debt security as of the date of the
most recently recognized other-than-temporary impairment loss adjusted for subsequent accretion of the impairment loss related to factors other than credit loss.

Under ASC Topic 320, if an institution intends to sell a
debt security or it is more likely than not that it will be
required to sell the debt security before recovery of its
amortized cost basis, an other-than-temporary impairment has occurred and the entire difference between the
security’s amortized cost basis and its fair value at the
balance sheet date must be recognized in earnings. In

The proper categorization of securities is important to
ensure that trading gains and losses are promptly recognized in earnings and regulatory capital. This will not
occur when securities intended to be held for trading
purposes are categorized as held-to-maturity or availablefor-sale. The following practices are considered trading
activities:

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(1) Gains Trading — Gains trading is characterized by
the purchase of a security and the subsequent sale of
the same security at a profit after a short holding
period, while securities acquired for this purpose that
cannot be sold at a profit are typically retained in the
available-for-sale or held-to-maturity portfolio. Gains
trading may be intended to defer recognition of
losses, as unrealized losses on available-for-sale and
held-to-maturity debt securities do not directly affect
regulatory capital and generally are not reported in
income until the security is sold.
(2) When-Issued Securities Trading — When-issued
securities trading is the buying and selling of securities in the period between the announcement of an
offering and the issuance and payment date of the
securities. A purchase of a ‘‘when-issued’’ security
acquires the risks and rewards of owning a security
and may sell the when-issued security at a profit
before having to take delivery and pay for it. Because
such transactions are intended to generate profits
from short-term price movements, they should be
categorized as trading.
(3) Pair-offs — Pair-offs are security purchase transactions that are closed-out or sold at, or prior to,
settlement date. In a pair-off, an institution commits
to purchase a security. Then, prior to the predetermined settlement date, the institution will pair-off the
purchase with a sale of the same security. Pair-offs
are settled net when one party to the transaction
remits the difference between the purchase and the
sale price to the counterparty. Pair-offs may also
involve the same sequence of events using swaps,
options on swaps, forward commitments, options on
forward commitments, or other off-balance sheet
derivative contracts.
(4) Extended Settlements — In the U.S., regular-way
settlement for federal government and federal agency
securities (except mortgage-backed securities and
derivative contracts) is one business day after the
trade date. Regular-way settlement for corporate and
municipal securities is three business days after the
trade date. For mortgage-backed securities, it can be
up to 60 days or more after the trade date. The use of
extended settlements may be offered by securities
dealers in order to facilitate speculation on the part of
the purchaser, often in connection with pair-off transactions. Securities acquired through the use of a
FR Y-9C
Glossary June 2015

settlement period in excess of the regular-way settlement periods in order to facilitate speculation should
be reported as trading assets.
(5) Repositioning Repurchase Agreements — A repositioning repurchase agreement is a funding technique
offered by a dealer in an attempt to enable an
institution to avoid recognition of a loss. Specifically,
an institution that enters into a ‘‘when-issued’’ trade
or a ‘‘pair-off’’ (which may include an extended
settlement) that cannot be closed out at a profit on the
payment or settlement date will be provided dealer
financing in an effort to fund its speculative position
until the security can be sold at a gain. The institution
purchasing the security typically pays the dealer a
small margin that approximates the actual loss in the
security. The dealer then agrees to fund the purchase
of the security, typically buying it back from the
purchaser under a resale agreement. Any securities
acquired through a dealer financing technique such as
a repositioning repurchase agreement that is used to
fund the speculative purchase of securities should be
reported as trading assets.
(6) Short Sales — A short sale is the sale of a security
that is not owned. The purpose of a short sale
generally is to speculate on a fall in the price of the
security. (For further information, see the Glossary
entry for ‘‘Short position.’’)
One other practice, referred to as ‘‘adjusted trading,’’ is
not acceptable under any circumstances. Adjusted trading involves the sale of a security to a broker or dealer at
a price above the prevailing market value and the contemporaneous purchase and booking of a different security,
frequently a lower-rated or lower quality issue or one
with a longer maturity, at a price above its market value.
Thus, the dealer is reimbursed for losses on the purchase
from the institution and ensured a profit. Such transactions inappropriately defer the recognition of losses on
the security sold and establish an excessive cost basis for
the newly acquired security. Consequently, such transactions are prohibited and may be in violation of 18 U.S.C.
Sections 1001—False Statements or Entries and 1005—
False Entries.
See also ‘‘Trading account’’
Securities Borrowing/Lending Transactions: Securities borrowing/lending transactions are typically initiated
by broker–dealers and other financial institutions that
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need specific securities to cover a short sale or a customer’s failure to deliver securities sold. A transferee
(‘‘borrower’’) of securities generally is required to provide ‘‘collateral’’ to the transferor (‘‘lender’’) of securities, commonly cash but sometimes other securities or
standby letters of credit, with a value slightly higher than
that of the securities ‘‘borrowed.’’
Most securities borrowing/lending transactions do not
qualify as sales under ASC Topic 860, Transfers and
Servicing (formerly FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and
Extinguishments of Liabilities, as amended), because the
agreement entitles and obligates the securities lender to
repurchase or redeem the transferred assets before their
maturity. (See the Glossary entry for ‘‘transfers of financial assets’’ for further discussion of sale criteria.) When
such transactions do not qualify as sales, securities
lenders and borrowers should account for the transactions
as secured borrowings in which cash (or securities that
the holder is permitted by contract or custom to sell or
repledge) received as ‘‘collateral’’ by the securities lender
is considered the amount borrowed, and the securities
‘‘loaned’’ are considered pledged as collateral against the
amount borrowed. The ‘‘loaned securities’’ should continue to be reported on the securities lender’s balance
sheet as available-for-sale securities, held-to-maturity
securities, or trading assets, as appropriate. ‘‘Loaned’’
securities that are reported as available-for-sale or heldto-maturity securities in Schedule HC-B, Securities,
should also be reported as ‘‘Pledged securities’’ in
Memorandum item 1 of that schedule. Similary, ‘‘loaned’’
securities that are reported as trading assets in Schedule
HC-D, Trading Assets and Liabilities, should be reported
as ‘‘Pledged securities’’ in Memorandum item 4.a of that
schedule.
If the securities borrowing/lending transaction meets the
criteria for a sale under ASC Topic 860, the lender of the
securities should remove the securities from its balance
sheet, record the proceeds from the sale of the securities
(including the forward repurchase commitment), and recognize any gain or loss on the transaction. The borrower
of the securities should record the securities on its balance sheet at fair value and record the payment for the
purchased assets (including the forward resale commitment).
Securities, Participations in Pools of: See ‘‘Repurchase/
resale agreements.’’
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Separate Accounts: Separate accounts are employed by
life insurers to segregate and account for assets and
related liabilities maintained to meet specific investment
objectives of contractholders. The accounts are often
maintained as separate accounting entities for pension
plans as well as fixed benefit, variable annuity and other
products on which the customer and not the insurer
retains all or most of the investment and/or interest rate
risk. Investment income and investment gains and losses
generally accrue directly to such contractholders and are
not accounted for on the general accounts of the insurer.
The carrying values of separate account assets and liabilities usually approximate each other with little associated
capital reflected on the books of the insurer. The assets of
each account are legally segregated and are not subject to
claims that arise out of any other business of the
company.
Servicing Assets and Liabilities: The accounting and
reporting standards for servicing assets and liabilities are
set forth in ASC Subtopic 860-50, Transfers and Servicing – Servicing Assets and Liabilities (formerly FASB
Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, as amended by FASB Statement No. 156, Accounting for Servicing of Financial Assets), and ASC Topic
948, Financial Services-Mortgage Banking (formerly
FASB Statement No. 65, Accounting for Certain Mortgage Banking Activities, as amended by Statement No.
140). A summary of the relevant sections of these
accounting standards follows. For further information,
see ASC Subtopic 860-50, ASC Topic 948, and the
Glossary entry for ‘‘transfers of financial assets.’’
Servicing of mortgage loans, credit card receivables, or
other financial assets includes, but is not limited to,
collecting principal, interest, and escrow payments from
borrowers; paying taxes and insurance from escrowed
funds; monitoring delinquencies; executing foreclosure if
necessary; temporarily investing funds pending distribution; remitting fees to guarantors, trustees, and others
providing services; and accounting for and remitting
principal and interest payments to the holders of beneficial interests in the financial assets. Servicers typically
receive certain benefits from the servicing contract and
incur the costs of servicing the assets.
Servicing is inherent in all financial assets; it becomes a
distinct asset or liability for accounting purposes only in
certain circumstances as discussed below. Servicing
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assets result from contracts to service financial assets
under which the benefits of servicing (estimated future
revenues from contractually specified servicing fees, late
charges, and other ancillary sources) are expected to
more than adequately compensate the servicer for performing the servicing. Servicing liabilities result from
contracts to service financial assets under which the
benefits of servicing are not expected to adequately
compensate the servicer for performing the servicing.
Contractually specified servicing fees are all amounts
that, per contract, are due to the servicer in exchange for
servicing the financial asset and would no longer be
received by a servicer if the beneficial owners of the
serviced assets or their trustees or agents were to exercise
their actual or potential authority under the contract to
shift the servicing to another servicer. Adequate compensation is the amount of benefits of servicing that would
fairly compensate a substitute servicer should one be
required, including the profit that would be demanded by
a substitute servicer in the marketplace.
A holding company must recognize and initially measure
at fair value a servicing asset or a servicing liability each
time it undertakes an obligation to service a financial
asset by entering into a servicing contract in any of the
following situations:
(1) The holding company’s transfer of an entire financial
asset, a group of entire financial assets, or a participating interest in an entire financial asset that meets
the requirements for sale accounting; or
(2) An acquisition or assumption of a servicing obligation that does not relate to financial assets of the
holding company or its consolidated affiliates.
If a holding company sells a participating interest in an
entire financial asset, it only recognizes a servicing asset
or servicing liability related to the participating interest
sold.
A holding company that transfers its financial assets to an
unconsolidated entity in a transfer that qualifies as a sale
in which the holding company obtains the resulting
securities and classifies them as debt securities held-tomaturity in accordance with ASC Topic 320, Investments–
Debt and Equity Securities (formerly FASB Statement
No. 115, Accounting for Certain Investments in Debt and
Equity Securities), may either separately recognize its
servicing assets or servicing liabilities or report those
FR Y-9C
Glossary June 2015

servicing assets or servicing liabilities together with the
assets being serviced.
A holding company should account for its servicing
contract that qualifies for separate recognition as a servicing asset or servicing liability initially measured at fair
value regardless of whether explicit consideration was
exchanged. A holding company that transfers or securitizes financial assets in a transaction that does not meet
the requirements for sale accounting under ASC Topic
860 and is accounted for as a secured borrowing with the
underlying financial assets remaining on the holding
company’s balance sheet must not recognize a servicing
asset or a servicing liability.
After initially measuring a servicing asset or servicing
liability at fair value, a holding company should subsequently measure each class of servicing assets and servicing liabilities using either the amortization method or the
fair value measurement method. The election of the
subsequent measurement method should be made separately for each class of servicing assets and servicing
liabilities. A holding company must apply the same
subsequent measurement method to each servicing asset
and servicing liability in a class. Each holding company
should identify its classes of servicing assets and servicing liabilities based on (a) the availability of market
inputs used in determining the fair value of servicing
assets and servicing liabilities, (b) the holding company’s
method for managing the risks of its servicing assets or
servicing liabilities, or (c) both. Different elections can be
made for different classes of servicing. For a class of
servicing assets and servicing liabilities that is subsequently measured using the amortization method, a holding company may change the subsequent measurement
method for that class of servicing by making an irrevocable decision to elect the fair value measurement method
for that class at the beginning of any fiscal year. Once a
holding company elects the fair value measurement
method for a class of servicing, that election must not be
reversed.
Under the amortization method, all servicing assets or
servicing liabilities in the class should be amortized in
proportion to, and over the period of, estimated net
servicing income for assets (servicing revenues in excess
of servicing costs) or net servicing loss for liabilities
(servicing costs in excess of servicing revenues). The
servicing assets or servicing liabilities should be assessed
for impairment or increased obligation based on fair
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value at each quarter-end report date. The servicing
assets within a class should be stratified into groups
based on one or more of the predominant risk characteristics of the underlying financial assets. If the carrying
amount of a stratum of servicing assets exceeds its fair
value, the holding company should separately recognize
impairment for that stratum by reducing the carrying
amount to fair value through a valuation allowance for
that stratum. The valuation allowance should be adjusted
to reflect changes in the measurement of impairment
subsequent to the initial measurement of impairment. For
the servicing liabilities within a class, if subsequent
events have increased the fair value of the liability above
the carrying amount of the servicing liabilities, the
holding company should recognize the increased obligation as a loss in current earnings.
Under the fair value measurement method, all servicing
assets or servicing liabilities in a class should be measured at fair value at each quarter-end report date.
Changes in the fair value of these servicing assets and
servicing liabilities should be reported in earnings in the
period in which the changes occur.
For purposes of the FR Y-9C, servicing assets resulting
from contracts to service loans secured by real estate (as
defined for Schedule HC-C, item 1, in the Glossary entry
for ‘‘Loans secured by real estate’’) should be reported in
Schedule HC-M, item 12(a), ‘‘Mortgage servicing assets.’’
Servicing assets resulting from contracts to service all
other financial assets should be reported in Schedule
HC-M, item 12(b), ‘‘Purchased credit card relationships
and nonmortgage servicing assets.’’ When reporting the
carrying amount of mortgage servicing assets in Schedule HC-M, item 12(a), and nonmortgage servicing assets
in Schedule HC-M, item 12(b), holding companies
should include all classes of servicing accounted for
under the amortization method as well as all classes of
servicing accounted for under the fair value measurement
method. The fair value of all recognized mortgage servicing assets should be reported in Schedule HC-M, item
12(a)(1), regardless of the subsequent measurement
method applied to these assets. The servicing asset
carrying amounts reported in Schedule HC-M, items
12(a) and 12(b), should be used when determining the
amount of such assets, net of associated deferred tax
liabilities, that exceed the 10% common equity tier 1
capital deduction thresholds in Schedule HC-R, Part I.
Changes in the fair value of any class of servicing assets
and servicing liabilities accounted for under the fair value
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measurement method should be included in earnings in
Schedule HI, item 5(f), ‘‘Net servicing fees.’’ In addition,
certain information about assets serviced by the reporting
holding company should be reported in Schedule HC-S,
Servicing, Securitization, and Asset Sale Activities.
Settlement Date Accounting: See ‘‘Trade date and
settlement date accounting.’’
Shell Branches: Shell branches are limited service
branches of banks that do not conduct transactions with
residents, other than with other shell branches, in the
country in which they are located. Transactions at shell
branches are usually initiated and effected by their head
office or by other related branches outside the country in
which the shell branches are located, with records and
supporting documents maintained at the initiating offices.
Examples of such locations are the Bahamas and the
Cayman Islands.
Short Position: When a holding company or its consolidated subsidiaries sell an asset that they do not own, they
have established a short position. If on the report date a
holding company or its subsidiaries are in a short position, it shall report its liability to purchase the asset in
Schedule HC, item 15, ‘‘Trading liabilities.’’ In this
situation, the right to receive payment shall be reported in
Schedule HC, item 11, ‘‘Other assets.’’ Short positions
shall be reported gross. Short trading positions shall be
revalued consistent with the method used by the reporting holding company for the valuation of its trading
account assets.
Standby Contract: See ‘‘Futures, forward, and standby
contracts.’’
Standby Letter of Credit: See ‘‘Letter of credit.’’
Start-Up Activities: Guidance on the accounting and
reporting for the costs of start-up activities, including
organization costs, is set forth in ASC Subtopic 720-15,
Other Expenses – Start-Up Costs (formerly AICPA Statement of Position 98-5, Reporting on the Costs of Start-Up
Activities). A summary of this accounting guidance follows. For further information, see ASC Subtopic 720-15.
Start-up activities are defined broadly as those one-time
activities related to opening a new facility, introducing a
new product or service, conducting business in a new
territory, conducting business with a new class of customer, or commencing some new operation. Start-up
activities include activities related to organizing a new
entity, such as a new holding company, the costs of which
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are commonly referred to as organization costs. Organization costs for a holding company are the direct costs
incurred to incorporate the holding company. Such costs
include, but are not limited to, professional (e.g., legal,
accounting, and consulting) fees and printing costs
directly related to the incorporation process, and the cost
of economic impact studies. Costs of start-up activities,
including organization costs, should be expensed as
incurred. Costs of acquiring or constructing premises and
fixed assets and getting them ready for their intended use
are not start-up costs, but costs of using such assets that
are allocated to start-up activities (e.g., depreciation of
computers) are considered start-up costs.
For a new holding company, pre-opening expenses such
as salaries and employee benefits, rent, depreciation,
supplies, directors’ fees, training, travel, postage, and
telephone are considered start-up costs. Pre-opening
income earned and expenses incurred from the holding
company’s inception through the date the holding company commences operations should be reported in the
income statement using one of the two following methods, consistent with the manner in which the reporting
holding company reports pre-opening income and
expenses for other financial reporting purposes: (1) Preopening income and expenses for the entire period from
the holding company’s inception through the date the
holding company commences operations should be
reported in the appropriate items of Schedule HI, Consolidated Report of Income, each quarter during the
calendar year in which operations commence; or (2) The
net amount of pre-opening income and expenses for the
period from the holding company’s inception until the
beginning of the calendar year in which the holding
company commences operations should be included,
along with the holding company’s opening (original)
equity capital, in Schedule HI-A, item 14, ‘‘Other adjustments to equity capital (not included above).’’ The net
amount of these pre-opening income and expenses should
be identified and described in the ‘‘Notes to the Income
Statement.’’ Pre-opening income earned and expenses
incurred during the calendar year in which the holding
company commences operations should be reported in
the appropriate items of Schedule HI, Consolidated
Report of Income, each quarter during the calendar year
in which operations commence.
The organization costs of forming a holding company
and the costs of other holding company start-up activities
are sometimes paid by the bank that will be owned by the
FR Y-9C
Glossary June 2015

holding company. These are the holding company’s
costs, whether or not the holding company formation is
successful, and they should be reported as expenses of
the holding company.
STRIPS: See ‘‘Coupon Stripping, Treasury Receipts,
and STRIPS.’’
Subordinated Notes and Debentures: A subordinated
note or debenture is a form of debt issued by a holding
company or its subsidiaries. When issued by a subsidiary
bank, a subordinated note or debenture is not insured by a
federal agency, is subordinated to the claims of depositors, has an original weighted average maturity of five
years or more. Such debt shall be issued by a bank with
the approval of, or under the rules and regulations of, the
appropriate federal bank supervisory agency (i.e., the
Board of Governors of the Federal Reserve System, the
Office of the Comptroller of the Currency, or the Federal
Deposit Insurance Corporation).
When issued by a holding company or its consolidated
nonbank subsidiaries, a subordinated note or debenture is
a form of unsecured long-term debt that is subordinated
to other debt of the consolidated holding company.
Both notes and debentures subordinated to deposits and
other subordinated notes and debentures of the holding
company are to be reported in Schedule HC, item 19(a),
‘‘Subordinated notes and debentures.’’
Subsidiaries: The treatment of subsidiaries in the FR
Y-9C depends upon the degree of ownership held by the
reporting holding company.
The term ‘‘subsidiary’’ is defined under Section 225. 2 of
Federal Reserve Regulation Y, which generally includes
companies 25 percent or more owned or controlled by
another company. For savings and loan holding companies the term ‘‘subsidiary,’’ is defined by Section 238.2
of Federal Reserve Regulation LL, which generally
includes companies more than 25 percent owned or
controlled by another company. However, for purposes of
the Consolidated Financial Statements for Holding Companies, a subsidiary is a company in which the parent
holding company directly or indirectly owns more than
50 percent of the outstanding voting stock.
An associated company is a corporation in which the
holding company, directly or indirectly, owns 20 to 50 percent of the outstanding voting stock and over which the
holding company exercises significant influence. This 20
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to 50 percent ownership is presumed to carry ‘‘significant’’ influence unless the holding company can demonstrate the contrary to the satisfaction of the Federal
Reserve.

organizing or managing the credit. Large commercial and
industrial loans, large loans to finance companies, and
large foreign loans may be handled through such syndicated participations.

A corporate joint venture is a corporation owned and
operated by a group of companies (‘‘joint venturers’’), no
one of which has a majority interest, as a separate and
specific business or project for the mutual benefit of the
joint venturers. Each joint venturer may participate,
directly or indirectly, in the management of the joint
venture. An entity that is a majority-owned subsidiary
of one of the joint venturers is not a corporate joint
venture.

Each participant in the syndicate, including the lead bank
of the holding company, records its own share of the
participated loan and the total amount of the loan is not
entered on the books of one bank to be shared through
transfers of loans. Thus, the initial operation and distribution of this type of participation does not require a
determination as to whether a transfer that should be
accounted for as a sale has occurred. However, any
subsequent transfers of shares, or parts of shares, in the
syndicated loan would be subject to the provisions of
ASC Topic 860, Transfers and Servicing (formerly FASB
Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, as amended), governing whether these transfers
should be accounted for as a sale or a secured borrowing.
(See the Glossary entry for ‘‘transfers of financial assets.’’)

Certain subsidiaries (as specified in the General Instructions section of this book) must be consolidated on the
FR Y-9C. The equity ownership in subsidiaries that are
not consolidated on the FR Y-9C and in associated
companies is accounted for using the equity method of
accounting and is reported in Schedule HC, item 8,
‘‘Investments in unconsolidated subsidiaries and associated companies.’’
Ownership in a corporate joint venture is to be treated in
the same manner as an associated company (defined
above) only to the extent that the equity share represents
significant influence over management. Otherwise, equity
holdings in a joint venture are treated as holdings of
corporate stock and income is recognized only when
distributed in the form of dividends.

Telephone Transfer Account: See ‘‘Deposits.’’
Term Federal Funds: See ‘‘Federal funds transactions.’’
Time Deposits: See ‘‘Deposits.’’

Suspense Accounts: Suspense accounts are temporary
holding accounts in which items are carried until they can
be identified and their disposition to the proper account
can be made. The items included in these accounts should
be reviewed and should be reported in the appropriate
accounts of the FR Y-9C.

Trade Date and Settlement Date Accounting: Transactions in securities and trading account assets (including
money market instruments) should be reported on the
basis of trade date accounting in accordance with generally accepted accounting principles. However, if the
reported amounts under settlement date accounting would
not be materially different from those under trade date
accounting, settlement date accounting is acceptable.
Whichever method a holding company elects should be
used consistently, unless the holding company has elected
settlement date accounting and subsequently decides to
change to the preferred trade date method.

Syndications: A syndication is a participation, usually
involving shares in a single loan, in which several
participants agree to enter into an extension of credit
under a bona fide binding agreement that provides that,
regardless of any even each participant shall fund and be
at risk only up to a specified percentage of the total
extension of credit or up to a specified dollar amount. In a
syndication, the participants agree to the terms of the
participation prior to the execution of the final agreement
and the contract is executed by the obligor and by all the
participants, although there is usually a lead institution

Under trade date accounting, assets purchased shall be
recorded in the appropriate asset category on the trade
date and the holding company’s (or its consolidated
subsidiaries’) obligation to pay for those assets shall be
reported in ‘‘Other liabilities.’’ Conversely, when an asset
is sold, it shall be removed on the trade date from the
asset category in which it was recorded, and the proceeds
receivable resulting from the sale shall be reported in
‘‘Other assets.’’ Any gain or loss resulting from such
transaction shall also be recognized on the trade date. On
the settlement date, disbursement of the payment or

‘‘Super NOW’’ Account: See ‘‘Deposits.’’

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receipt of the proceeds will eliminate the respective
‘‘Other liability’’ or ‘‘Other asset’’ entry resulting from
the transaction.
Under settlement date accounting, assets purchased are
not recorded until settlement date. On the trade date, no
entries are made. Upon receipt of the assets on the
settlement date, the asset is reported in the proper asset
category and payment is disbursed. The selling holding
company (or its consolidated subsidiaries) on the trade
date, would make no entries. On settlement date, the
selling holding company would reduce the appropriate
asset category and reflect the receipt of the payment. Any
gain or loss resulting from such transaction would be
recognized on the settlement date.
Trading Account: Trading activities typically include
(a) regularly underwriting or dealing in securities; interest rate, foreign exchange rate, commodity, equity, and
credit derivative contracts; other financial instruments;
and other assets for resale, (b) acquiring or taking
positions in such items principally for the purpose of
selling in the near term or otherwise with the intent to
resell in order to profit from short-term price movements,
and (c) acquiring or taking positions in such items as an
accommodation to customers or for other trading purposes.
All securities within the scope of ASC Topic 320,
Investments-Debt and Equity Securities (formerly FASB
Statement No. 115, Accounting for Certain Investments
in Debt and Equity Securities), that a holding company
has elected to report at fair value under a fair value option
with changes in fair value reported in current earnings
should be classified as trading securities. In addition, for
purposes of these reports, holding companies may classify assets (other than securities within the scope of ASC
Topic 320 for which a fair value option is elected) and
liabilities as trading if the holding company applies fair
value accounting, with changes in fair value reported in
current earnings, and manages these assets and liabilities
as trading positions, subject to the controls and applicable regulatory guidance related to trading activities. For
example, a holding company would generally not classify a loan to which it has applied the fair value option as
a trading asset unless the holding company holds the
loan, which it manages as a trading position, for one of
the following purposes: (1) for market making activities,
including such activities as accumulating loans for sale or
securitization; (2) to benefit from actual or expected price
movements; or (3) to lock in arbitrage profits.
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All trading assets should be segregated from a holding
company’s other assets and reported in Schedule HC,
item 5, ‘‘Trading assets.’’ In addition, holding companies
that reported average trading assets (Schedule HC-K,
item 4(a)) of $2 million or more in any of the four
preceding calendar quarters should detail the types of
assets and liabilities in the trading account in Schedule
HC-D, Trading Assets and Liabilities, and the levels
within the fair value measurement hierarchy in which the
trading assets and liabilities fall in Schedule HC-Q,
Financial Assets and Liabilities Measured at Fair Value
on a Recurring Basis. A holding company’s failure to
establish a separate account for assets that are used for
trading purposes does not prevent such assets from being
designated as trading for purposes of this report. For
further information, see ASC Topic 320.
All trading account assets should be reported at their fair
value as defined by ACS Topic 820, Fair Value Measurement (formely FASB Statement No. 157, ‘‘Fair Value
Measurements’’), with unrealized gains and losses recognized in current income. When a security or other asset is
acquired, a holding company should determine whether it
intends to hold the asset for trading or for investment (e.g.,
for securities, available-for-sale or held-to-maturity). A
holding company should not record a newly acquired asset
in a suspense account and later determine whether it was
acquired for trading or investment purposes. Regardless of
how a holding company categorizes a newly acquired
asset, management should document its decision.
All trading liabilities should be segregated from other
transactions and reported in Schedule HC, item 15,
‘‘Trading liabilities.’’ The trading liability account
includes the fair value of derivative contracts held for
trading that are in loss positions and short positions
arising from sales of securities and other assets that the
holding company does not own. (See the Glossary entry
for ‘‘short position.’’) Trading account liabilities should
be reported at fair value as defined by ASC Topic 820
with unrealized gains and losses recognized in current
income in a manner similar to trading account assets.
Given the nature of the trading account, transfers into or
from the trading category should be rare. Transfers
between a trading account and any other account of the
holding company must be recorded at fair value at the
time of the transfer. For a security transferred from the
trading category, the unrealized holding gain or loss at
the date of the transfer will already have been recognized
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in earnings and should not be reversed. For a security
transferred into the trading category, the unrealized holding gain or loss at the date of the transfer should be
recognized in earnings.
Transaction Account: See ‘‘Deposits.’’
Transfers of Financial Assets: The accounting and
reporting standards for transfers of financial assets are set
forth in ASC Topic 860, Transfers and Servicing (formerly FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, as amended by FASB Statement
No.156, Accounting for Servicing of Financial Assets,
FASB Statement No. 166, Accounting for Transfers of
Financial Assets, and certain other standards). Holding
companies must follow ASC Topic 860 for purposes of
these reports. ASC Topic 860 limits the circumstances in
which a financial asset, or a portion of a financial asset,
should be derecognized when the transferor has not
transferred the entire original financial asset or when the
transferor has continuing involvement with the transferred financial asset. ASC Topic 860 also defines a
‘‘participating interest’’ (which is discussed more fully
below) and collectively establish the accounting and
reporting standards for loan participations, syndications,
and other transfers of portions of financial assets. A
summary of these accounting and reporting standards
follows. For further information, see ASC Topic 860.
A financial asset is cash, evidence of an ownership
interest in another entity, or a contract that conveys to the
holding company a contractual right either to receive
cash or another financial instrument from another entity
or to exchange other financial instruments on potentially
favorable terms with another entity. Most of the assets on
a holding company’s balance sheet are financial assets,
including balances due from depository institutions, securities, federal funds sold, securities purchased under
agreements to resell, loans and lease financing receivables, and interest-only strips receivable.23 However,
servicing assets are not financial assets. Financial assets
also include financial futures contracts, forward contracts, interest rate swaps, interest rate caps, interest rate
floors, and certain option contracts.

23. ASC Topic 860 defines an interest-only strip receivable as the contractual right to receive some or all of the interest due on a bond, mortgage
loan, collateralized mortgage obligation, or other interest-bearing
financial asset.

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A transferor is an entity that transfers a financial asset, an
interest in a financial asset, or a group of financial assets
that it controls to another entity. A transferee is an entity
that receives a financial asset, an interest in a financial
asset, or a group of financial assets from a transferor.
In determining whether a holding company has surrendered control over transferred financial assets, the holding company must first consider whether the entity to
which the financial assets were transferred would be
required to be consolidated by the holding company. If it
is determined that consolidation would be required by the
holding company, then the transferred financial assets
would not be treated as having been sold in the FR Y-9C
report even if all of the other provisions listed below are
met.24
Determining Whether a Transfer Should be Accounted
for as a Sale or a Secured Borrowing - A transfer of an
entire financial asset, a group of entire financial assets, or
a participating interest in an entire financial asset in
which the transferor surrenders control over those financial assets shall be accounted for as a sale if and only if
all of the following conditions are met:
(1) The transferred financial assets have been isolated
from the transferor, i.e., put presumptively beyond
the reach of the transferor and its creditors, even in
bankruptcy or other receivership. Transferred financial assets are isolated in bankruptcy or other receivership only if the transferred financial assets would
be beyond the reach of the powers of a bankruptcy
trustee or other receiver for the transferor or any of
its consolidated affiliates included in the financial
statements being presented. For multiple step transfers, an entity that is designed to make remote the
possibility that it would enter bankruptcy or other
receivership (bankruptcy-remote entity) is not considered a consolidated affiliate for purposes of performing the isolation analysis. Notwithstanding the
isolation analysis, each entity involved in the transfer
is subject to the applicable guidance on whether it
must be consolidated.
24. The requirements in ASC Subtopic 810-10 Consolidation – Overall
(formerly FASB Interpretation No. 46 (revised December 2003), onsolidation of Variable Interest Entities, as amended by FASB Statement No. 167, Amendments to FASB Interpretation No. 46(R)),
should be applied to determine when a variable interest entity should
be consolidated. For further information, refer to the Glossary entry
for ‘‘variable interest entity.’’

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(2) Each transferee (or, if the transferee is an entity
whose sole purpose is to engage in securitization or
asset-backed financing activities and that entity is
constrained from pledging or exchanging the assets it
receives, each third-party holder of its beneficial
interest) has the right to pledge or exchange the
assets (or beneficial interests) it received, and no
condition both constrains the transferee (or thirdparty holder of its beneficial interests) from taking
advantage of its right to pledge or exchange and
provides more than a trivial benefit to the transferor.
(3) The transferor, its consolidated affiliates included in
the financial statements being presented, or its agents
do not maintain effective control over the transferred
financial assets or third-party beneficial interests
related to those transferred assets. Examples of a
transferor’s effective control over the transferred
financial assets include, but are not limited to (a) an
agreement that both entitles and obligates the
transferor to repurchase or redeem the transferred
financial assets before their maturity, (b) an agreement that provides the transferor with both the
unilateral ability to cause the holder to return specific
financial assets and a more-than-trivial benefit attributable to that ability, other than through a cleanup
call, or (c) an agreement that permits the transferee to
require the transferor to repurchase the transferred
financial assets at a price that is so favorable to the
transferee that it is probable that the transferee will
require the transferor to repurchase them.
If a transfer of an entire financial asset, a group of entire
financial assets, or a participating interest in an entire
financial asset does not meet the conditions for sale
treatment, or if a transfer of a portion of an entire
financial interest does not meet the definition of a participating interest (discussed below), the transferor and the
transferee shall account for the transfer as a secured
borrowing with pledge of collateral. The transferor shall
continue to report the transferred financial assets in its
financial statements with no change in their measurement
(i.e., the original basis of accounting for the transferred
financial assets is retained).
Accounting for a Transfer of an Entire Financial Asset or
a Group of Entire Financial Assets That Qualifies as a
Sale25 — Upon the completion of a transfer of an entire

financial asset or a group of entire financial assets that
satisfies all three of the conditions to be accounted for as
a sale, the transferee(s) (i.e., purchaser(s)) must recognize all assets obtained and any liabilities incurred and
initially measure them at fair value. The transferor (seller)
should:
(1) Derecognize or remove the transferred financial
assets from the balance sheet.
(2) Recognize and initially measure at fair value servicing assets, servicing liabilities, and any other assets
obtained (including a transferor’s beneficial interest
in the transferred financial assets) and liabilities
incurred in the sale.
(3) Recognize in earnings any gain or loss on the sale.
If, as a result of a change in circumstances, a holding
company transferor regains control of a transferred financial asset after a transfer that was previously accounted
for as a sale because one or more of the conditions for
sale accounting in ASC Topic 860 are no longer met or a
transferred portion of an entire financial asset no longer
meets the definition of a participating interest, such a
change generally should be accounted for in the same
manner as a purchase of the transferred financial asset
from the former transferee (purchaser) in exchange for a
liability assumed. The transferor should recognize
(rebook) the financial asset on its balance sheet together
with a liability to the former transferee, measuring the
asset and liability at fair value on the date of the change
in circumstances. If the rebooked financial asset is a loan,
it must be reported as a loan in Schedule HC-C, either as
a loan held for sale or a loan held for investment, based
on facts and circumstances, in accordance with generally
accepted accounting principles. The liability to the former transferee should be reported as a secured borrowing
in Schedule HC, item 16, ‘‘Other borrowings.’’ This
accounting and reporting treatment applies, for example,
to U.S. Government-guaranteed or -insured residential
mortgage loans backing Government National Mortgage
Association (GNMA) mortgage-backed securities that a
holding company services after it has securitized the
loans in a transfer accounted for as a sale. If and when
individual loans later meet delinquency criteria specified
transfer of a participating interest in an entire financial asset that qualifies
as a sale. The accounting for such a transfer is discussed in a separate
section later in this Glossary entry.

25. The guidance in this section of this Glossary entry does not apply to a
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by GNMA, they are eligible for repurchase (buy-back)
and the holding company is deemed to have regained
effective control over these loans. The delinquent loans
must be brought back onto the holding company’s books
and recorded as loans, regardless of whether the holding
company intends to exercise the buy-back option.

interest is subordinated to another interest, and no
participating interest holder has recourse to the lead
lender or another participating interest holder other
than standard representations and warranties and
ongoing contractual servicing and administration
obligations; and

Holding companies should refer to ASC Topic 860 for
implementation guidance for accounting for transfers of
certain lease receivables, securities lending transactions,
repurchase agreements including ‘‘dollar rolls,’’ ‘‘wash
sales,’’ loan syndications, loan participations (discussed
below), risk participations in bankers acceptances, factoring arrangements, and transfers of receivables with
recourse. However, these standards do not provide guidance on the accounting for most assets and liabilities
recorded on the balance sheet following a transfer
accounted for as a sale. As a result, after their initial
measurement or carrying amount allocation, these assets
and liabilities should be accounted for in accordance with
the existing generally accepted accounting principles
applicable to them.

(4) No party has the right to pledge or exchange the
entire financial asset unless all participating interest
holders agree to do so.

Participating Interests — Before considering whether
the conditions to be accounted for as a sale have been met
(as discussed above), the transfer of a portion of an entire
financial asset must first meet the definition of a participating interest. If the transferred portion of the entire
financial asset is a qualifying participating interest (as
defined below), then it should be determined whether the
transfer of the participating interest meets the sales
conditions discussed above. A participating interest in an
entire financial asset, as defined by ASC Topic 860, has
all of the following characteristics:
(1) From the date of the transfer, it must represent a
proportionate (pro rata) ownership interest in an
entire financial asset;
(2) From the date of the transfer, all cash flows received
from the entire financial asset, except any cash flows
allocated as compensation for servicing or other
services performed (which must not be subordinated
and must not significantly exceed an amount that
would fairly compensate a substitute service provider
should one be required), must be divided proportionately among the participating interest holders in an
amount equal to their share of ownership;
(3) The rights of each participating interest holder (including the lead lender) must have the same priority, no
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Thus, under ASC Topic 860, so-called ‘‘last-in, first-out’’
(LIFO) participations in which all principal cash flows
collected on the loan are paid first to the party acquiring
the participation do not meet the definition of a participating interest. Similarly, so-called ‘‘first-in, first-out’’
(FIFO) participations in which all principal cash flows
collected on the loan are paid first to the lead lender do
not meet the definition of a participating interest. As a
result, neither LIFO nor FIFO participations transferred
on or after the beginning of a holding company’s first
annual reporting period that begins after November 15,
2009 (i.e., January 1, 2010, for a holding company with a
calendar year fiscal year) will qualify for sale accounting
and instead must be reported as secured borrowings.
The participating interest definition also applies to transfers of government-guaranteed portions of loans, such as
those guaranteed by the Small Business Administration
(SBA). In this regard, for a transfer of the guaranteed
portion of an SBA loan at a premium that settled before
February 15, 2011, the ‘‘seller’’ was obligated by the
SBA to refund the premium to the ‘‘purchaser’’ if the
loan was repaid within 90 days of the transfer. This
premium refund obligation was a form of recourse,
which meant that the transferred guaranteed portion of
the loan did not meet the definition of a ‘‘participating
interest’’ for the 90-day period that the premium refund
obligation existed. As a result, the transfer was required
to be accounted for as a secured borrowing during this
period. After the 90-day period, assuming the transferred
guaranteed portion and the retained unguaranteed portion
of the SBA loan then met the definition of a ‘‘participating interest,’’ the transfer of the guaranteed portion could
be accounted for as a sale if all of the conditions for sale
accounting were met. In contrast, for transfers of guaranteed portions of SBA loans at a premium that settled on
or after February 15, 2011, the SBA has eliminated the
premium refund requirement. With the elimination of the
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premium refund obligation from such transfers, the transferred guaranteed portion and the retained unguaranteed
portion of the SBA loan should normally meet the
definition of a ‘‘participating interest’’ on the transfer
date. Assuming the definition of ‘‘participating interest’’
is met and all of the conditions for sale accounting are
met, the transfer of the guaranteed portion of an SBA
loan at a premium on or after February 15, 2011, would
qualify as a sale on the transfer date. The conditions for
sale accounting are described above under ‘‘Determining
Whether a Transfer Should be Accounted for as a Sale or
a Secured Borrowing’’ in this Glossary entry.
In contrast, if the guaranteed portion of the SBA loan is
transferred at par in a so-called ’’par sale’’ in which the
’’seller’’ agrees to pass interest through to the ’’purchaser’’
at less than the contractual interest rate and the spread
between the contractual rate and the pass-through interest
rate significantly exceeds an amount that would fairly
compensate a substitute servicer, the excess spread is
viewed as an interest-only strip. The existence of this
interest-only strip results in a disproportionate sharing of
the cash flows on the entire SBA loan, which means that
the transferred guaranteed portion and the retained
unguaranteed portion of the SBA loan do not meet the
definition of a ’’participating interest,’’ which precludes
sale accounting. Instead, the transfer of the guaranteed
portion must be accounted for as a secured borrowing.
Accounting for a Transfer of a Participating Interest That
Qualifies as a Sale — Upon the completion of a transfer
of a participating interest that satisfies all three of the
conditions to be accounted for as a sale, the participating
institution(s) (the transferee(s)) shall recognize the participating interest(s) obtained, other assets obtained, and
any liabilities incurred and initially measure them at fair
value. The originating lender (the transferor) must:
(1) Allocate the previous carrying amount of the entire
financial asset between the participating interest(s)
sold and the participating interest that it continues to
hold based on their relative fair values at the date of
the transfer.
(2) Derecognize the participating interest(s) sold.
(3) Recognize and initially measure at fair value servicing assets, servicing liabilities, and any other assets
obtained and liabilities incurred in the sale.
(4) Recognize in earnings any gain or loss on the sale.
FR Y-9C
Glossary June 2015

(5) Report any participating interest(s) that continue to
be held by the originating lender as the difference
between the previous carrying amount of the entire
financial asset and the amount derecognized.
Additional Considerations Pertaining to Participating
Interests — When evaluating whether the transfer of a
participating interest in an entire financial asset satisfies
the conditions for sale accounting under ASC Topic 860,
an originating lender’s right of first refusal on a bona fide
offer to the participating institution from a third party, a
requirement for a participating institution to obtain the
originating lender’s permission to sell or pledge the
participating interest that shall not be unreasonably withheld, or a prohibition on the participating institution’s
sale of the participating interest to the originating lender’s competitor (if other potential willing buyers exist) is
a limitation on the participating institution’s rights, but is
presumed not to constrain a participant from exercising
its right to pledge or exchange the participating interest.
However, if the participation agreement constrains the
participating institution from pledging or exchanging its
participating interest, the originating lender presumptively receives more than a trivial benefit, has not relinquished control over the participating interest, and should
account for the transfer of the participating interest as a
secured borrowing.
A loan participation agreement may give the originating
lender the contractual right to repurchase a participating
interest at any time. In this situation, the right to repurchase is effectively a call option on a specific participating interest, i.e., a participating interest that is not readily
obtainable in the marketplace. Regardless of whether this
option is freestanding or attached, it either constrains the
participating institution from pledging or exchanging its
participating interest or results in the originating lender
maintaining effective control over the participating interest. As a consequence, the contractual right to repurchase
precludes sale accounting and the transfer of the participating interest should be accounted for as a secured
borrowing, not as a sale.
In addition, under a loan participation agreement, the
originating lender may give the participating institution
the right to resell the participating interest, but reserves
the right to call the participating interest at any time from
whoever holds it and can enforce that right by discontinuing the flow of interest to the holder of the participating
interest at the call date. In this situation, the originating
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lender has maintained effective control over the participating interest and the transfer of the participating interest should be accounted for as a secured borrowing, not
as a sale.

As a consequence, the transferred loan participation
should be included in the originating lender’s loans and
leases for purposes of determining the appropriate level
for the lender’s allowance for loan and lease losses.

If an originating FDIC-insured lender transfers a loan
participation with recourse after December 31, 2001, the
participation generally will not be considered isolated
from the transferor, i.e., the originating lender, in the
event of an FDIC receivership. Section 360.6 of the
FDIC’s regulations limits the FDIC’s ability to reclaim
loan participations transferred ‘‘without recourse,’’ as
defined in the regulations, but does not limit the FDIC’s
ability to reclaim loan participations transferred with
recourse. Under Section 360.6, a participation that is
subject to an agreement that requires the originating
lender to repurchase the participation or to otherwise
compensate the participating institution due to a default
on the underlying loan is considered a participation
‘‘with recourse.’’ As a result, a loan participation transferred ‘‘with recourse’’ after December 31, 2001, generally should be accounted for as a secured borrowing and
not as a sale for financial reporting purposes. This means
that the originating lender should not remove the participation from its loan assets on the balance sheet, but
should report the secured borrowing in Schedule HC,
item 16, ‘‘Other borrowings.’’

A holding company that acquires a nonqualifying loan
participation (or a qualifying participating interest in a
transfer that does not does not meet all of the conditions
for sale accounting) should normally report the loan
participation or participating interest in item 4(b), ‘‘Loans
and leases, held for investment,’’ on the balance sheet
(Schedule HC) and in the loan category appropriate to the
underlying loan, e.g., as a ‘‘commercial and industrial
loan’’ in item 4 or as a ‘‘loan secured by real estate’’ in
item 1, in Schedule HC-C, Loans and Lease Financing
Receivables. Furthermore, for risk-based capital purposes, the acquiring holding company should assign the
loan participation or participating interest to the riskweight category appropriate to the underlying borrower
or, if relevant, the guarantor or the nature of the collateral.

Reporting Transfers of Loan Participations That Do Not
Qualify for Sale Accounting — If a transfer of a portion
of an entire financial asset does not meet the definition of
a participating interest, or if a transfer of a participating
interest does not meet all of the conditions for sale
accounting, the transfer must be reported as a secured
borrowing with pledge of collateral. In these situations,
because the transferred loan participation does not qualify
for sale accounting, the originating lender must continue
to report the transferred participation (as well as the
retained portion of the loan) as a loan on the balance
sheet (Schedule HC), normally in item 4(b), ‘‘Loans and
leases, held for investment,’’ and in the appropriate loan
category in Schedule HC-C, Loans and Lease Financing
Receivables. The originating lender should report the
transferred loan participation as a secured borrowing on
the balance sheet in Schedule HC, item 16, ‘‘Other
borrowed money,’’ and in the appropriate subitem or
subitems in Schedule HC-M, item 14, ‘‘Other borrowed
money;’’ in Schedule HC-M, item 23(b), ‘‘Amount of
’Other borrowings’ that are secured;’’ and in Schedule
HC-C, Memorandum item 14, ‘‘Pledged loans and leases.’’
GL-94

Financial Assets Subject to Prepayment — Financial
assets such as interest-only strips receivable, other beneficial interests, loans, debt securities, and other receivables, but excluding financial instruments that must be
accounted for as derivatives, that can contractually be
prepaid or otherwise settled in such a way that the holder
of the financial asset would not recover substantially all
of its recorded investment do not qualify to be accounted
for at amortized cost. After their initial recording on the
balance sheet, financial assets of this type must be
subsequently measured at fair value like available-forsale securities or trading securities.
Traveler’s Letter of Credit: See ‘‘Letter of credit.’’
Treasury Stock: Treasury stock is stock that the holding
company has issued and subsequently acquired, but that
has not been retired or resold. As a general rule, treasury
stock is to be carried at cost and is a deduction from a
holding company’s total equity capital.
For purposes of this report, the carrying value of treasury
stock should be reported (as a negative number) in
Schedule HC, item 26(c), ‘‘Other equity capital components.’’
‘‘Gains’’ and ‘‘losses’’ on the sale, retirement, or other
disposal of treasury stock are not to be reported in
Schedule HI, Income Statement, but should be reflected
in Schedule HI-A, items 7 and 8, ‘‘Sale of treasury
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stock,’’ and ‘‘Purchase of treasury stock.’’ Such gains and
losses, as well as the excess of the cost over the par value
of treasury stock carried at par, are generally to be treated
as adjustments to Schedule HC, item 25, ‘‘Surplus.’’
For further information, see ASC Subtopic 505-30,
Equity – Treasury Stock (formerly Accounting Research
Bulletin No. 43, Chapter 1, Section B, as amended by
APB Opinion No. 6, ‘‘Status of Accounting Research
Bulletins’’).
Troubled Debt Restructuring: The accounting standards for troubled debt restructurings are set forth in ASC
Subtopic 310-40, Receivables – Troubled Debt Restructurings by Creditors (formerly FASB Statement No. 15,
Accounting by Debtors and Creditors for Troubled Debt
Restructurings, as amended by FASB Statement No. 114,
Accounting by Creditors for Impairment of a Loan). A
summary of these accounting standards follows. For
further information, see ASC Subtopic 310-40.
A troubled debt restructuring is a restructuring in which a
holding company, for economic or legal reasons related
to a borrower’s financial difficulties, grants a concession
to the borrower that it would not otherwise consider. The
restructuring of a loan or other debt instrument (hereafter
referred to collectively as a ‘‘loan’’) may include, but is
not necessarily limited to: (1) the transfer from the
borrower to the institution of real estate, receivables from
third parties, other assets, or an equity interest in the
borrower in full or partial satisfaction of the loan (see the
Glossary entry for ‘‘foreclosed assets’’ for further information), (2) a modification of the loan terms, such as a
reduction of the stated interest rate, principal, or accrued
interest or an extension of the maturity date at a stated
interest rate lower than the current market rate for new
debt with similar risk, or (3) a combination of the above.
A loan extended or renewed at a stated interest rate equal
to the current interest rate for new debt with similar risk
is not to be reported as a restructured troubled loan.
The recorded investment in a loan is the loan balance
adjusted for any unamortized premium or discount and
unamortized loan fees or costs, less any amount previously charged off, plus recorded accrued interest.
All loans whose terms have been modified in a troubled
debt restructuring, including both commercial and retail
loans, must be evaluated for impairment under ASC
Topic 310, Receivables (formerly FASB Statement No.
114, Accounting by Creditors for Impairment of a Loan,
as amended). Accordingly, a holding company should
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measure any loss on the restructuring in accordance with
the guidance concerning impaired loans set forth in the
Glossary entry for ‘‘loan impairment.’’ Under ASC Topic
310, when measuring impairment on a restructured
troubled loan using the present value of expected future
cash flows method, the cash flows should be discounted
at the effective interest rate of the original loan, i.e.,
before the restructuring. For a residential mortgage loan
with a ‘‘teaser’’ or starter rate that is less than the loan’s
fully indexed rate, the starter rate is not the original
effective interest rate. ASC Topic 310 also permits a
holding company to aggregate impaired loans that have
risk characteristics in common with other impaired loans,
such as modified residential mortgage loans that represent troubled debt restructurings, and use historical statistics along with a composite effective interest rate as a
means of measuring the impairment of these loans.
See the Glossary entry for ‘‘nonaccrual status’’ for a
discussion of the conditions under which a nonaccrual
asset which has undergone a troubled debt restructuring
(including those that involve a multiple note structure)
may be returned to accrual status.
A troubled debt restructuring in which a holding company receives physical possession of the borrower’s
assets, should be accounted for in accordance with ASC
Subtopic 310-40. Thus, in such situations, the loan
should be treated as if assets have been received in
satisfaction of the loan and reported as described in the
Glossary entry for ‘‘foreclosed assets.’’
Once an obligation has been restructured in a TDR, it
continues to be considered a TDR until paid in full or
otherwise settled, sold, or charged off (or meets the
conditions discussed below under “Accounting for a
Subsequent Restructuring of a Troubled Debt Restructuring”). The loan must be reported in the appropriate loan
category in Schedule HC-C, items 1 through 9, and in the
appropriate loan category in:
• Schedule HC-N, Memorandum item 1, if it is in
compliance with its modified terms, or
• Schedule HC-N, items 1 through 7, and Memorandum
item 1, if it is not in compliance with its modified
terms.
However, for a loan that is a TDR (for example, because
of a modification that includes a reduction in principal), if
the restructuring agreement specifies a contractual interest rate that is a market interest at the time of the
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restructuring and the loan is in compliance with its
modified terms, the loan need not continue to be reported
as a troubled debt restructuring in Schedule HC-C,
Memorandum item 1, in calendar years after the year in
which the restructuring took place. A market interest rate
is a contractual interest rate that at the time of the
restructuring is greater than or equal to the rate that the
institution was willing to accept for a new loan with
comparable risk. To be considered in compliance with its
modified terms, a loan that is a TDR must be in accrual
status and must be current or less than 30 days past due
on its contractual principal and interest payments under
the modified repayment terms.
Accounting for a Subsequent Restructuring of a TDR:
When a loan has previously been modified in a TDR, the
lending institution and the borrower may subsequently
enter into another restructuring agreement. The facts and
circumstances of each subsequent restructuring of a TDR
loan should be carefully evaluated to determine the
appropriate accounting by the institution under U.S.
GAAP. Under certain circumstances it may be acceptable
not to account for the subsequently restructured loan as a
TDR. The Federal Reserve will not object to an institution no longer treating such a loan as a TDR if at the time
of the subsequent restructuring the borrower is not
experiencing financial difficulties and, under the terms of
the subsequent restructuring agreement, no concession
has been granted by the institution to the borrower. To
meet these conditions for removing the TDR designation,
the subsequent restructuring agreement must specify
market terms, including a contractual interest rate not
less than a market interest rate for new debt with similar
credit risk characteristics and other terms no less favorable to the institution than those it would offer for such
new debt. When determining whether the borrower is
experiencing financial difficulties, the institution’s assessment of the borrower’s financial condition and prospects
for repayment after the restructuring should be supported
by a recurrent, well-documented credit evaluation performed at the time of the restructuring. When assessing
whether a concession has been granted by the institution,
the agencies consider any principal forgiveness on a
cumulative basis to be a continuing concession. Accordingly, a TDR loan with any principal forgiveness would
retain the TDR designation after subsequent restructurings.
If at the time of the subsequent restructuring the institution appropriately demonstrates that a loan meets the
GL-96

conditions discussed above, the impairment on the loan
need no longer be measured as a TDR (i.e., as an
impaired loan) in accordance with ASC Topic 310 and
the Glossary entry for ″loan impairment″ and the loan
need no longer be disclosed as a TDR in the FR Y-9C,
except as noted below. Accordingly, going forward, loan
impairment should be measured under ASC Subtopic
450-20, Contingencies — Loss Contingencies (formerly
FASB Statement No. 5, “Accounting for Contingencies”). Even though the loan need no longer be measured
for impairment as a TDR or disclosed as a TDR, the
recorded investment in the loan should not change at the
time of the subsequent restructuring (unless cash is
advanced or received). In this regard, when there have
been charge-offs prior to the subsequent restructuring,
consistent with longstanding FR Y-9C instructions, no
recoveries should be recognized until collections on
amounts previously charged off have been received.
Similarly, if interest payments were applied to the
recorded investment in the TDR loan prior to the subsequent restructuring, the application of these payments to
the recorded investment should not be reversed nor
reported as interest income at the time of the subsequent
restructuring.
If the TDR designation is removed from a loan that meets
the conditions discussed above and the loan is later
modified in a TDR or individually evaluated and determined to be impaired, then the impairment on the loan
should be measured under ASC Topic 310 and the
Glossary entry for “loan impairment” and, if appropriate,
the loan should be disclosed as a TDR.
For a subsequently restructured TDR loan on which there
was principal forgiveness and therefore does not meet the
conditions discussed above, the impairment on the loan
should continue to be measured as a TDR (i.e., as an
impaired loan) in accordance with ASC Topic 310 and
the Glossary entry for “loan impairment.”
A restructuring may include both a modification of terms
and the acceptance of property in partial satisfaction of
the loan. The accounting for such a restructuring is a two
step process. First, the recorded amount of the loan is
reduced by the fair value less cost to sell of the property
received. Second, the institution should measure any
impairment on the remaining recorded balance of the
restructured loan in accordance with the guidance concerning impaired loans set forth in ASC Topic 310.
A restructuring may involve the substitution or addition
Glossary

FR Y-9C
December 2016

Glossary

of a new debtor for the original borrower. The treatment
of these situations depends upon their substance.
Restructurings in which the substitute or additional
debtor controls, is controlled by, or is under common
control with the original borrower, or performs the
custodial function of collecting certain of the original
borrower’s funds, should be accounted for as modifications of terms. Restructurings in which the substitute or
additional debtor does not have a control or custodial
relationship with the original borrower should be
accounted for as a receipt of a ‘‘new’’ loan in full or
partial satisfaction of the original borrower’s loan. The
‘‘new’’ loan should be recorded at its fair value.
A credit analysis should be performed for a restructured
loan in conjunction with its restructuring to determine its
collectibility and estimated credit loss. When available
information confirms that a specific restructured loan,
or a portion thereof, is uncollectible, the uncollectible
amount should be charged off against to the allowance
for loan and lease losses at the time of the restructuring.
As is the case for all loans, the credit quality of restructured loans should be regularly reviewed. The holding
company should periodically evaluate the collectibility of
the restructured loan so as to determine whether any
additional amounts should be charged to the allowance
for loan and lease losses or, if the restructuring involved
an asset other than a loan, to another appropriate account.
Trust Preferred Securities as Investments: As holding
company investments, trust preferred securities are hybrid
instruments possessing characteristics typically associated with debt obligations. Although each issue of these
securities may involve minor differences in terms, under
the basic structure of trust preferred securities a corporate
issuer, such as a holding company, first organizes a
business trust or other special purpose entity. This trust
issues two classes of securities: common securities, all of
which are purchased and held by the corporate issuer, and
trust preferred securities, which are sold to investors. The
business trust’s only assets are deeply subordinated
debentures of the corporate issuer, which the trust purchases with the proceeds from the sale of its common and
preferred securities. The corporate issuer makes periodic
interest payments on the subordinated debentures to the
business trust, which uses these payments to pay periodic
dividends on the trust preferred securities to the investors. The subordinated debentures have a stated maturity
and may also be redeemed under other circumstances.
FR Y-9C
Glossary March 2015

Most trust preferred securities are subject to mandatory
redemption upon the repayment of the debentures.
Trust preferred securities meet the definition of a security
in ASC Topic 320, Investments-Debt and Equity Securities (formerly FASB Statement No. 115, Accounting for
Certain Investments in Debt and Equity Securities).
Because of the mandatory redemption provision in the
typical trust preferred security, investments in trust preferred securities would normally be considered debt
securities for financial accounting purposes. Accordingly,
regardless of the authority under which a holding company is permitted to invest in trust preferred securities,
holding companies should report these investments as
debt securities for purposes of these reports (unless,
based on the specific facts and circumstances of a
particular issue of trust preferred securities, the securities
would be considered equity rather than debt securities
under ASC Topic 320). If not held for trading purposes,
trust preferred securities issued by U.S. business trusts
should be reported in Schedule HC-B, item 6(a), ‘‘Other
domestic debt securities.’’ If not held for trading purposes, an investment in a structured financial product,
such as a collateralized debt obligation, for which the
underlying collateral is a pool of trust preferred securities
issued by U.S. business trusts should be reported in
Schedule HC-B, item 5(b)(1), ‘‘Cash instruments,’’ and
in the appropriate subitem of Schedule HC-B, Memorandum item 6, ‘‘Structured financial products by underlying
collateral or reference assets.’’
Trust Preferred Securities Issued: Trust preferred securities are marketed under a variety of names including
MIPS (‘‘Monthly Income Preferred Securities’’), QUIPS
(‘‘Quarterly Income Preferred Securities’’) and TOPrS
(‘‘Trust Originated Preferred Securities’’). These securities are generally issued out of special purpose entities
whose voting common stock is wholly owned by the
parent holding company. The proceeds from the issuance
of these securities are lent to the holding company in the
form of a very long term, deeply subordinated note.
Under GAAP, the special purpose entity may either be a
consolidated subsidiary of the holding company or a
deconsolidated entity that qualifies as an unconsolidated
subsidiary of the holding company for regulatory reporting and other regulatory purposes.
Holding companies seeking to issue such securities
should consult with their Federal Reserve Bank. Under
the revised regulatory capital rule, TruPS are generally
GL-97

Glossary

considered non-qualifying capital instruments that must
be phased-out of tier 1 capital (see instructions for HC-R,
Part I, items 20, 21, 27, and 28). Note that the rule
permanently grandfathers non-qualifying capital instruments in the tier 1 capital of depository institution
holding companies with total consolidated assets of less
than $15 billion as of December 31, 2009, and 2010
Mutual Holding Companies (subject to limits and additional requirements in case of mergers and acquisitions).
Nonqualifying capital instruments under the rule include
TruPS and cumulative perpetual preferred stock issued
before May 19, 2010, that BHCs included in tier 1 capital
under the limitations for restricted capital elements in the
general risk-based capital rules.
For purposes of reporting on the FR Y-9C, trust preferred
securities issued by a consolidated subsidiary should be
reported in Schedule HC, item 19(b).
For special purpose entities that issue trust preferred
securities and the entity is not consolidated, report the
amount of subordinated notes payable by the holding
company to the unconsolidated special purpose entity in
Schedule HC, item 19(b).
U.S. Banks: See ‘‘Banks, U.S. and foreign.’’
U.S. Territories and Possessions: United States territories and possessions include American Samoa, Guam, the
Northern Mariana Islands, and the U.S. Virgin Islands.
Valuation Allowance: A valuation allowance is an
account established against a specific asset category, or to
recognize a specific liability, with the intent of absorbing
some element of estimated loss. Such allowances are
created by charges to expense in the Report of Income for
Holding Companies and are netted from the asset accounts
to which they relate for presentation in the Consolidated
Balance Sheet in the FR Y-9C. Provisions establishing or
augmenting such allowances are to be reported as ‘‘Other
noninterest expense’’ except for the provision for loan and
lease losses and the provision for allocated transfer risk for
which separate, specifically designated income statement
items have been established on Schedule HI.
Variable Interest Entity: A variable interest entity
(VIE), as described in ASC Subtopic 810-10, Consolidation – Overall (formerly FASB Interpretation No. 46
(revised December 2003), Consolidation of Variable
Interest Entities, as amended by FASB Statement No.
167, Amendments to FASB Interpretation No. 46(R)), is
an entity in which equity investors do not have sufficient
GL-98

equity at risk for that entity to finance its activities
without additional subordinated financial support or, as a
group, the holders of the equity investment at risk lack
one or more of the following three characteristics: (a) the
power, through voting rights or similar rights, to direct
the activities of an entity that most significantly impact
the entity’s economic performance, (b) the obligation to
absorb the expected losses of the entity, or (c) the right to
receive the expected residual returns of the entity.
Variable interests in a VIE are contractual, ownership, or
other pecuniary interests in an entity that change with
changes in the fair value of the entity’s net assets
exclusive of variable interests. For example, equity ownership in a VIE would be a variable interest as long as the
equity ownership is considered to be at risk of loss.
ASC Subtopic 810-10 provides guidance for determining
when a holding company or other company must consolidate certain special purposes entities, such as VIEs.
Under ASC Subtopic 810-10, a holding company must
perform a qualitative assessment to determine whether it
has a controlling financial interest in a VIE. This must
include an assessment of the characteristics of the holding company’s variable interest or interests and other
involvements (including involvement of related parties
and de facto agents), if any, in the VIE, as well as the
involvement of other variable interest holders. The
assessment must also consider the entity’s purpose and
design, including the risks that the entity was designed to
create and pass through to its variable interest holders. In
making this assessment, only substantive terms, transactions, and arrangements, whether contractual or noncontractual, are to be considered. Any term, transaction, or
arrangement that does not have a substantive effect on an
entity’s status as a VIE, the holding company’s power
over a VIE, or the holding company’s obligation to
absorb losses or its right to receive benefits of the VIE are
to be disregarded when applying the provisions of ASC
Subtopic 810-10.
If a holding company has a controlling financial interest
in a VIE, it is deemed to be the primary beneficiary of the
VIE and, therefore, must consolidate the VIE. An entity
is deemed to have a controlling financial interest in a VIE
if it has both of the following characteristics:
• The power to direct the activities of a variable interest
entity that most significantly impact the entity’s economic performance.
Glossary

FR Y-9C
March 2015

Glossary

• The obligation to absorb losses of the entity that could
potentially be significant to the variable interest entity
or the right to receive benefits from the entity that
could potentially be significant to the variable interest
entity.
If a holding company holds a variable interest in a VIE, it
must reassess each reporting period to determine whether
it is the primary beneficiary. Based on a holding company’s reassessment it may be required to consolidate or
deconsolidate the VIE if a change in the holding company’s status as the primary beneficiary has occurred.
ASC Subtopic 810-10 provide guidance on the initial
measurement of a VIE that the primary beneficiary must
consolidate. For example, if the primary beneficiary and
the VIE are not under common control, the initial consolidation of a VIE that is a business is a business combination and must be accounted for in accordance with ASC
Topic 805, Business Combinations (formerly FASB
Statement No. 141 (revised 2007), Business Combinations). If a holding company is required to deconsolidate
a VIE, it must follow the guidance for deconsolidating
subsidiaries in ASC Subtopic 810-10 (formerly FASB
Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements).
When a holding company is required to consolidate a
VIE because it is the primary beneficiary, the standard
principles of consolidation apply after initial measurement (see ‘‘Rules of Consolidation’’ in the General
Instructions). The assets and liabilities of consolidated
VIEs should be reported on the balance sheet (Schedule
HC) in the balance sheet category appropriate to the asset
or liability. An institution that consolidates one or more
VIEs must complete Schedule HC-V, Variable Interest
Entities, to report, by balance sheet category, (a) the
assets of consolidated VIEs that can be used only to settle
obligations of the consolidated VIEs and (b) the liabilities of consolidated VIEs for which creditors do not have
recourse to the general credit of the reporting institution.
Such an institution also must report in Schedule HC-V
the total amount of assets and the total amount of
liabilities of its consolidated VIEs that do not meet these
criteria.
When-Issued Securities Transactions: Transactions
involving securities described as ‘‘when-issued’’ or
‘‘when-as-and-if-issued’’ are, by their nature, conditional, i.e., their completion is contingent upon the
issuance of the securities. The accounting for contracts
FR Y-9C
Glossary March 2015

for the purchase or sale of when-issued securities or other
securities that do not yet exist is addressed in ASC Topic
815, Derivatives and Hedging (formerly FASB Statement
No. 133, Accounting for Derivative Instruments and
Hedging Activities, as amended by FASB Statement No.
149). Such contracts are excluded from the requirements
of ASC Topic 815, as a regular-way security trade only
if:
(1) There is no other way to purchase or sell that
security;
(2) Delivery of that security and settlement will occur
within the shortest period possible for that type of
security; and
(3) It is probable at inception and throughout the term of
the individual contract that the contract will not settle
net and will result in physical delivery of a security
when it is issued.
A contract for the purchase or sale of when-issued
securities may qualify for the regular-way security trade
exclusion even though the contract permits net settlement
or a market mechanism to facilitate net settlement of the
contract exists (as described in ASC Topic 815). A
holding company should document the basis for concluding that it is probable that the contract will not settle net
and will result in physical delivery.
If a when-issued securities contract does not meet the
three criteria above, it should be accounted for as a
derivative at fair value on the balance sheet (Schedule
HC) and reported as a forward contract in Schedule
HC-L, item 11(b). Such contracts should be reported on a
gross basis on the balance sheet unless the criteria for
netting in ASC Subtopic 210-20, Balance Sheet – Offsetting (formerly FASB Interpretation No. 39, Offsetting of
Amounts Related to Certain Contracts), are met. (See the
Glossary entry for ‘‘offsetting’’ for further information.)
If a when-issued securities contract qualifies for the
regular-way security trade exclusion, it is not accounted
for as a derivative. If the holding company accounts for
these contracts on a trade-date basis, it should recognize
the acquisition or disposition of the when-issued securities on its balance sheet (Schedule HC) at the inception of
the contract. If the holding company accounts for these
contracts on a settlement-date basis, contracts for the
purchase and sale of when-issued securities should be
reported as ‘‘Other off-balance sheet items’’ in Schedule
GL-99

Glossary

HC-L, item 9, subject to the existing reporting thresholds
for this item.
Trading in when-issued securities normally begins when
the U.S. Treasury or some other issuer of securities
announces a forthcoming issue. (In some cases, trading
may begin in anticipation of such an announcement and
should also be reported as described herein.) Since the
exact price and terms of the security are unknown before
the auction date, trading prior to that date is on a ‘‘yield’’
basis. On the auction date the exact terms and price of the
security become known and when-issued trading contin-

GL-100

ues until settlement date, when the securities are delivered and the issuer is paid. If physical delivery is taken on
settlement date and settlement date accounting is used,
the securities purchased by the holding company shall be
reported on the balance sheet as held-to-maturity securities in Schedule HC, item 2(a), available-for-sale securities in Schedule HC, item 2(b), or trading assets in
Schedule HC, item 5, as appropriate.
Yield Maintenance Dollar Repurchase Agreement:
See “Repurchase/resale agreements.”

Glossary

FR Y-9C
March 2015

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231
99991231
99991231
99991231
99991231
99991231
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

Effective
Start Date
20150331
20150331
20150331
20150331
20150331
20150331
20150331

Edit Test

Alg Edit Test

CFO
DATESIGN
CONTACTN
CONTACTP
CONTACTF
CONTACTE
HI-1h

MDRM
Number
BHCKC490
BHTXJ196
BHTX8901
BHTX8902
BHTX9116
BHTX4086
BHCK4107

No Change
No Change
No Change
No Change
No Change
No Change
No Change

Page 1
Page 1
Page 1
Page 1
Page 1
Page 1
HI

Validity
Validity
Validity
Validity
Validity
Validity
Validity

0303
0308
0304
0305
0306
0307
1050

CFO must not be null.
DATESIGN must not be null.
CONTACTN must not be null.
CONTACTP must not be null.
CONTACTF must not be null.
CONTACTE must not be null.
Sum of HI-1a1a through HI-1g must equal HI-1h.

bhckc490 ne null
bhtxj196 ne null
bhtx8901 ne null
bhtx8902 ne null
bhtx9116 ne null
bhtx4086 ne null
(bhck4435 + bhck4436 + bhckf821 + bhck4059 +
bhck4065 + bhck4115 + bhckb488 + bhckb489 +
bhck4060 + bhck4069 + bhck4020 + bhck4518) eq
bhck4107

FRY9C

20170331

99991231

No Change

HI

Validity

1070

HI-2f

BHCK4073

Validity
Validity
Validity

1090
1770
1110

HI-3
HI-4
HI-5m

BHCK4074
BHCK4230
BHCK4079

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs, For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HI-2a1a through HI-2e must equal HI-2f.
(bhckhk03 + bhckhk04 + bhck6761 + bhck4172 +
bhck4180 + bhck4185 + bhck4397 + bhck4398) eq
bhck4073
HI-1h minus HI-2f must equal HI-3.
(bhck4107 - bhck4073) eq bhck4074
HI-B(II)5 must equal HI-4.
bhct4230 eq bhck4230
Sum of HI-5a through HI-5l must equal HI-5m.
(bhck4070 + bhck4483 + bhcka220 + bhckc886 +
bhckc888 + bhckc887 + bhckc386 + bhckc387 +
bhckb491 + bhckb492 + bhckb493 + bhck8560 +
bhck8561 + bhckb496 + bhckb497) eq bhck4079

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI
HI-B
HI

FRY9C

20150331

99991231

No Change

HI

Validity

1130

HI-7e

BHCK4093

Sum of HI-7a through HI-7d must equal HI-7e.

No Change

HI

Validity

1150

HI-8a

BHCKHT69

Sum of HI-3, HI-5m through HI-6b minus the sum
of HI-4 and HI-7e must equal HI-8a.

(bhck4135 + bhck4217 + bhckc216 + bhckc232 +
bhck4092) eq bhck4093
(bhck4074 + bhck4079 + bhck3521 + bhck3196) (bhck4230 + bhck4093) eq bhckht69

FRY9C

20180331

99991231

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20180331
20180331
20160930
20150331
20150331
20150331

99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change

HI
HI
HI
HI
HI-A
HI

Validity
Validity
Validity
Validity
Validity
Validity

1155
1170
1190
1191
1430
1240

HI-8c
HI-10
HI-12
HI-14
HI-14
HI-Mem3

BHCK4301
BHCK4300
BHCKG104
BHCK4340
BHCK4340
BHCK4313

20150331

99991231

No Change

HI

Validity

1250

HI-Mem4

BHCK4507

Sum of HI-8a and HI-8b must equal HI-8c.
HI-8c minus HI-9 must equal HI-10.
Sum of HI-10 and HI-11 must equal HI-12.
HI-12 minus HI-13 must equal HI-14.
HI-A4 must equal HI-14.
HI-Mem3 must be less than or equal to the sum of
HI-1a1a through HI-1b.
HI-Mem4 must be less than or equal to HI-1d3.

(bhckht69+ bhckht70) eq bhck4301
bhck4301 - bhck4302 eq bhck4300
(bhck4300 + bhckft28) eq bhckg104
(bhckg104 - bhckg103) eq bhck4340
bhct4340 eq bhck4340
bhck4313 le (bhck4435 + bhck4436 + bhckf821 +
bhck4059 + bhck4065)
bhck4507 le bhck4060

FRY9C
FRY9C

20180331

99991231

No Change

HI

Validity

1274

HI-Mem9e

BHCKF186

FRY9C

20180331

99991231

No Change

HI

Validity

1276

HI-Mem9e

BHCKF186

September 2018

If March and HC-K4a is greater than or equal to
$10 million for any quarter of the preceding
calendar year, then sum of HI-Mem9a through HIMem9e must equal HI-5c.

if (mm-q1 eq 03) and (bhck3401-q2 ge 10000 or
bhck3401-q3 ge 10000 or bhck3401-q4 ge 10000
or bhck3401-q5 ge 10000) then (bhck8757 +
bhck8758 + bhck8759 + bhck8760 + bhckf186) eq
bhcka220
If June and HC-K4a is greater than or equal to $10 if (mm-q1 eq 06) and (bhck3401-q3 ge 10000 or
million for any quarter of the preceding calendar bhck3401-q4 ge 10000 or bhck3401-q5 ge 10000
year, then sum of HI-Mem9a through HI-Mem9e or bhck3401-q6 ge 10000) then (bhck8757 +
must equal HI-5c.
bhck8758 + bhck8759 + bhck8760 + bhckf186) eq
bhcka220

FR Y-9C: CHK-1 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180331

No Change

HI

Validity

1277

HI-Mem9e

MDRM
Number
BHCKF186

FRY9C

20180331

99991231

No Change

HI

Validity

1278

HI-Mem9e

BHCKF186

FRY9C

20150331

99991231

No Change

HI

Validity

1295

HI-Mem13

BHCKA530

FRY9C

20180630

99991231

No Change

HI

Validity

1300

HI-Mem16

BHCKF228

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-A
HI-A

Validity
Validity

1400
1500

HI-A3
HI-A15

BHCKB508
BHCT3210

FRY9C

20180331

99991231

No Change

HI-B

Validity

1600

HI-B(I)9A

BHCK4635

Sum of HI-B(I)1a1A through HI-B(I)8bA must equal (bhckc891 + bhckc893 + bhck3584 + bhck5411 +
HI-B(I)9A.
bhckc234 + bhckc235 + bhck3588 + bhckc895 +
bhckc897 + bhckb512 + bhck4655 + bhck4645 +
bhck4646 + bhckb514 + bhckk129 + bhckk205 +
bhck4643 + bhck4644 + bhckf185 + bhckc880) eq
bhck4635

FRY9C

20180331

99991231

No Change

HI-B

Validity

1620

HI-B(I)9B

BHCK4605

Sum of HI-B(I)1a1B through HI-B(I)8bB must equal (bhckc892 + bhckc894 + bhck3585 + bhck5412 +
HI-B(I)9B.
bhckc217 + bhckc218 + bhck3589 + bhckc896 +
bhckc898 + bhckb513 + bhck4665 + bhck4617 +
bhck4618 + bhckb515 + bhckk133 + bhckk206 +
bhck4627 + bhck4628 + bhckf187 + bhckf188) eq
bhck4605

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-B
HI-B

Validity
Validity

1730
1640

HI-B(I)9B
HI-B(I)Mem1A

BHCK4605
BHCK5409

HI-B(II)2 must equal HI-B(I)9B.
HI-B(I)Mem1A must be less than or equal to the
sum of HI-B(I)4aA, HI-B(I)4bA, and HI-B(I)7A.

bhct4605 eq bhck4605
bhck5409 le (bhck4645 + bhck4646 + bhck4644)

FRY9C

20150331

99991231

No Change

HI-B

Validity

1660

HI-B(I)Mem1B

BHCK5410

HI-B(I)Mem1B must be less than or equal to the
sum of HI-B(I)4aB, HI-B(I)4bB, and HI-B(I)7B.

bhck5410 le (bhck4617 + bhck4618 + bhck4628)

FRY9C

20150331

99991231

No Change

HI-B

Validity

1680

HI-B(I)Mem2A

BHCK4652

HI-B(I)Mem2A must be less than or equal to the
sum of HI-B(I)1a1A through HI-B(I)1fA.

bhck4652 le (bhckc891 + bhckc893 + bhck3584 +
bhck5411 + bhckc234 + bhckc235 + bhck3588 +
bhckc895 + bhckc897 + bhckb512)

FRY9C

20150331

99991231

No Change

HI-B

Validity

1700

HI-B(I)Mem2B

BHCK4662

HI-B(I)Mem2B must be less than or equal to the
sum of HI-B(I)1a1B through HI-B(I)1fB.

bhck4662 le (bhckc892 + bhckc894 + bhck3585 +
bhck5412 + bhckc217 + bhckc218 + bhck3589 +
bhckc896 + bhckc898 + bhckb513)

FRY9C

20150331

99991231

No Change

HI-B

Validity

1750

HI-B(II)4

BHCK5523

HI-B(II)3 must equal HI-B(I)9A minus HI-B(II)4.

bhckc079 eq (bhck4635 - bhck5523)

September 2018

Edit Test

Alg Edit Test

If September and HC-K4a is greater than or equal
to $10 million for any quarter of the preceding
calendar year, then sum of HI-Mem9a through HIMem9e must equal HI-5c.

if (mm-q1 eq 09) and (bhck3401-q4 ge 10000 or
bhck3401-q5 ge 10000 or bhck3401-q6 ge 10000
or bhck3401-q7 ge 10000) then (bhck8757 +
bhck8758 + bhck8759 + bhck8760 + bhckf186) eq
bhcka220
If December and HC-K4a is greater than or equal if (mm-q1 eq 12) and (bhck3401-q5 ge 10000 or
to $10 million for any quarter of the preceding
bhck3401-q6 ge 10000 or bhck3401-q7 ge 10000
calendar year, then sum of HI-Mem9a through HI- or bhck3401-q8 ge 10000) then (bhck8757 +
Mem9e must equal HI-5c.
bhck8758 + bhck8759 + bhck8760 + bhckf186) eq
bhcka220
HI-Mem13 must equal 1 (yes) or 0 (no) and HIbhcka530 eq 1 or bhcka530 eq 0 and bhcka530 ne
Mem13 must not be null.
null
For June and December, HI-Mem16 must be less if mm-q1 eq 06 or mm-q1 eq 12, bhckf228 le
than or equal to HI-1a1a.
bhck4435
Sum of HI-A1 and HI-A2 must equal HI-A3.
(bhck3217 + bhckb507) eq bhckb508
Sum of HI-A3 through HI-A7, HI-A9, and HI-A12
(bhckb508 + bhct4340 + bhck3577 + bhck3578 +
through HI-A14 minus the sum of HI-A8, HI-A10, bhck3579 + bhck3580 + bhck4782 + bhck4356 +
and HI-A11 must equal HI-A15.
bhckb511 + bhck4591 + bhck3581) - (bhck4783 +
bhck4598 + bhck4460) eq bhct3210

FR Y-9C: CHK-2 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HI-B

Validity

1790

HI-B(II)6

MDRM
Number
BHCKC233

FRY9C

20150331

99991231

No Change

HI-C

Validity

4750

HI-C1aA

BHCKM708

FRY9C

20150331

99991231

No Change

HI-C

Validity

4755

HI-C1aB

BHCKM709

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1aB must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm709 ne null

FRY9C

20150331

99991231

No Change

HI-C

Validity

4760

HI-C1aC

BHCKM710

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1aC must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm710 ne null

FRY9C

20150331

99991231

No Change

HI-C

Validity

4765

HI-C1aD

BHCKM711

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1aD must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm711 ne null

FRY9C

20150331

99991231

No Change

HI-C

Validity

4770

HI-C1aE

BHCKM712

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1aE must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm712 ne null

FRY9C

20150331

99991231

No Change

HI-C

Validity

4775

HI-C1aF

BHCKM713

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1aF must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm713 ne null

FRY9C

20150331

99991231

No Change

HI-C

Validity

4780

HI-C1bA

BHCKM714

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1bA must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm714 ne null

FRY9C

20150331

99991231

No Change

HI-C

Validity

4785

HI-C1bB

BHCKM715

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1bB must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm715 ne null

September 2018

Edit Test

Alg Edit Test

The sum of HI-B(II)1, HI-B(II)2, HI-B(II)5, and HIB(II)6 minus the sum of HI-B(II)3 and HI-B(II)4
must equal HI-B(II)7.
If HC-12 (previous June) is greater than or equal to
$1 billion, then HI-C1aA must not be null.

(bhckb522 + bhct4605 + bhct4230 + bhckc233) (bhckc079 + bhck5523) eq bhct3123
if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm708 ne null

FR Y-9C: CHK-3 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

HI-C1bC

MDRM
Number
BHCKM716

No Change

HI-C

Validity

4790

FRY9C

20150331

99991231

No Change

HI-C

Validity

FRY9C

20150331

99991231

No Change

HI-C

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

FRY9C

4795

HI-C1bD

BHCKM717

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1bD must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm717 ne null

Validity

4800

HI-C1bE

BHCKM719

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1bE must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm719 ne null

HI-C

Validity

4805

HI-C1bF

BHCKM720

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1bF must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm720 ne null

No Change

HI-C

Validity

4810

HI-C1cA

BHCKM721

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1cA must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm721 ne null

99991231

No Change

HI-C

Validity

4815

HI-C1cB

BHCKM722

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1cB must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm722 ne null

20150331

99991231

No Change

HI-C

Validity

4820

HI-C1cC

BHCKM723

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1cC must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm723 ne null

20150331

99991231

No Change

HI-C

Validity

4825

HI-C1cD

BHCKM724

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1cD must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm724 ne null

September 2018

Alg Edit Test

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1bC must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm716 ne null

FR Y-9C: CHK-4 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

HI-C1cE

MDRM
Number
BHCKM725

No Change

HI-C

Validity

4830

FRY9C

20150331

99991231

No Change

HI-C

Validity

FRY9C

20150331

99991231

No Change

HI-C

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

FRY9C

4835

HI-C1cF

BHCKM726

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1cF must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm726 ne null

Validity

4840

HI-C2A

BHCKM727

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C2A must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm727 ne null

HI-C

Validity

4845

HI-C2B

BHCKM728

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C2B must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm728 ne null

No Change

HI-C

Validity

4850

HI-C2C

BHCKM729

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C2C must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm729 ne null

99991231

No Change

HI-C

Validity

4855

HI-C2D

BHCKM730

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C2D must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm730 ne null

20150331

99991231

No Change

HI-C

Validity

4860

HI-C2E

BHCKM731

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C2E must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm731 ne null

20150331

99991231

No Change

HI-C

Validity

4865

HI-C2F

BHCKM732

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C2F must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm732 ne null

September 2018

Alg Edit Test

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C1cE must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm725 ne null

FR Y-9C: CHK-5 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

HI-C3A

MDRM
Number
BHCKM733

No Change

HI-C

Validity

4870

FRY9C

20150331

99991231

No Change

HI-C

Validity

FRY9C

20150331

99991231

No Change

HI-C

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

FRY9C

4875

HI-C3B

BHCKM734

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C3B must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm734 ne null

Validity

4880

HI-C3C

BHCKM735

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C3C must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm735 ne null

HI-C

Validity

4885

HI-C3D

BHCKM736

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C3D must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm736 ne null

No Change

HI-C

Validity

4890

HI-C3E

BHCKM737

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C3E must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm737 ne null

99991231

No Change

HI-C

Validity

4895

HI-C3F

BHCKM738

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C3F must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm738 ne null

20150331

99991231

No Change

HI-C

Validity

4900

HI-C4A

BHCKM739

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C4A must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm739 ne null

20150331

99991231

No Change

HI-C

Validity

4905

HI-C4B

BHCKM740

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C4B must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm740 ne null

September 2018

Alg Edit Test

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C3A must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm733 ne null

FR Y-9C: CHK-6 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

HI-C4C

MDRM
Number
BHCKM741

No Change

HI-C

Validity

4910

FRY9C

20150331

99991231

No Change

HI-C

Validity

FRY9C

20150331

99991231

No Change

HI-C

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

4915

HI-C4D

BHCKM742

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C4D must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm742 ne null

Validity

4920

HI-C4E

BHCKM743

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C4E must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm743 ne null

HI-C

Validity

4925

HI-C4F

BHCKM744

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C4F must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm744 ne null

No Change

HI-C

Validity

4930

HI-C5D

BHCKM745

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C5D must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm745 ne null

99991231

No Change

HI-C

Validity

4935

HI-C6A

BHCKM746

Sum of HI-C1aA through HI-C4A must equal HIC6A.

(bhckm708 + bhckm714 + bhckm721 + bhckm727
+ bhckm733 + bhckm739) eq bhckm746

20150331

99991231

No Change

HI-C

Validity

4940

HI-C6B

BHCKM747

Sum of HI-C1aB through HI-C4B must equal HIC6B.

(bhckm709 + bhckm715 + bhckm722 + bhckm728
+ bhckm734 + bhckm740) eq bhckm747

FRY9C

20150331

99991231

No Change

HI-C

Validity

4945

HI-C6C

BHCKM748

Sum of HI-C1aC through HI-C4C must equal HIC6C.

(bhckm710 + bhckm716 + bhckm723 + bhckm729
+ bhckm735 + bhckm741) eq bhckm748

FRY9C

20150331

99991231

No Change

HI-C

Validity

4950

HI-C6D

BHCKM749

Sum of HI-C1aD through HI-C5D must equal HIC6D.

FRY9C

20150331

99991231

No Change

HI-C

Validity

4965

HI-C6E

BHCKM750

Sum of HI-C1aE through HI-C4E must equal HIC6E.

(bhckm711 + bhckm717 + bhckm724 + bhckm730
+ bhckm736 + bhckm742 + bhckm745) eq
bhckm749
(bhckm712 + bhckm719 + bhckm725 + bhckm731
+ bhckm737 + bhckm743) eq bhckm750

FRY9C

20150331

99991231

No Change

HI-C

Validity

4985

HI-C6E

BHCKM750

If HI-C6A, HI-C6C and HI-C6E are not null, then HC- if bhckm746 ne null and bhckm748 ne null and
4B must equal the sum of HC-Q4A, HI-C6A, HI-C6C bhckm750 ne null then bhckb528 eq (bhckg488 +
and HI-C6E.
bhckm746 + bhckm748 + bhckm750)

September 2018

Alg Edit Test

If HC-12 (previous June) is greater than or equal to if (((mm-q1 eq 03) and (bhck2170-q4 ge 1000000))
$1 billion, then HI-C4C must not be null.
or ((mm-q1 eq 06) and (bhck2170-q5 ge
1000000)) or ((mm-q1 eq 09) and (bhck2170-q6
ge 1000000)) or ((mm-q1 eq 12) and (bhck2170q7 ge 1000000))) then bhckm741 ne null

FR Y-9C: CHK-7 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180930

Edit Test

HI-C6E

MDRM
Number
BHCKM750

Revised

HI-C

Validity

4987

FRY9C

20150331

99991231

No Change

HI-C

Validity

FRY9C

20150331

99991231

No Change

HI-C

FRY9C

20150331

99991231

No Change

FRY9C
FRY9C

20150331
20160930

99991231
99991231

FRY9C
FRY9C

20150331
20180630

FRY9C
FRY9C

4989

HI-C6F

BHCKM751

Validity

4980

HI-C6F

BHCKM751

If HI-C6F is not equal to null, then HI-B(II)M4 must if bhckm751 ne null then bhckc781 eq bhckm751
equal HI-C6F.
Sum of HI-C1aF through HI-C4F must equal HI-C6F. (bhckm713 + bhckm720 + bhckm726 + bhckm732
+ bhckm738 + bhckm744) eq bhckm751

HI-C

Validity

4990

HI-C6F

BHCKM751

No Change
No Change

HC-B
HC-R(II)

Validity
Validity

2200
3730

HC-2a
HC-2a

BHCK1754
BHCK1754

99991231
99991231

No Change
No Change

HC-B
HC-R(II)

Validity
Validity

2235
3755

HC-2b
HC-2b

BHCK1773
BHCK1773

20150331
20160930

99991231
99991231

No Change
No Change

HC
HC-R(II)

Validity
Validity

2025
3860

HC-4c
HC-4c

FRY9C
FRY9C

20150331
20180630

99991231
99991231

No Change
No Change

HC
HC-D

Validity
Validity

2050
2489

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

FRY9C
FRY9C
FRY9C
FRY9C

20150331
20180630
20150331
20180630

99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change

HC
HC-M
HC-F
HC

FRY9C
FRY9C

20150331
20160930

99991231
99991231

No Change
No Change

FRY9C

20180630

99991231

No Change

September 2018

Alg Edit Test

For June and December and if HI-C6E is not equal if (mm-q1 eq 06 or mm-q1 eq 12) and bhckm750
to null, then HC-CM5B must equal HI-C6E.
ne null, then bhckc780 eq bhckm750

If HI-C6B, HI-C6D, and HI-C6F are not equal to null,
then HC-4C must equal the sum of HI-C6B, HI-C6D,
and HI-C6F.
HC-B8A must equal HC-2a.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)2aA and HCR(II)9aA must equal HC-2a.
HC-B8D must equal HC-2b.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)2bA and HCR(II)9bA must equal the sum of HC-2b and HC-2c.

if bhckm747 ne null and bhckm749 ne null and
bhckm751 ne null then bhck3123 eq (bhckm747 +
bhckm749 + bhckm751)
bhct1754 eq bhck1754
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd961 + bhcks475) eq
bhck1754
bhct1773 eq bhck1773
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckja21 + bhcks480) eq
(bhck1773 + bhckja22)

BHCK3123
BHCK3123

HI-B(II)7 must equal HC-4c.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)6A must equal HC-4c.

bhct3123 eq bhck3123
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcx3123 eq bhck3123

HC-4d
HC-5

BHCKB529
BHCK3545

(bhckb528 - bhck3123) eq bhckb529
if bhct3545 ne null then bhct3545 eq bhck3545

3885

HC-5

BHCK3545

Validity
Validity
Validity
Validity

3040
3020
2655
2070

HC-7
HC-10
HC-11
HC-12

BHCK2150
BHCK2143
BHCK2160
BHCK2170

HC-4b minus HC-4c must equal HC-4d.
If HC-D12 is not equal to null, then HC-D12 must
equal HC-5.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)7A and HCR(II)9cA must equal HC-5.
HC-M13 must equal HC-7.
HC-M12d must equal HC-10.
HC-F7 must equal HC-11.
Sum of HC-1a through HC-4a and HC-4d through
HC-11 must equal HC-12.

HC
HC-R(II)

Validity
Validity

2080
3945

HC-12
HC-12

BHCK2170
BHCK2170

HC-12 must be greater than zero.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11A must equal HC-12.

bhck2170 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhct2170 eq bhck2170

HC-D

Validity

2524

HC-15

BHCK3548

If HC-D15 is not equal to null, then HC-D15 must
equal HC-15.

if bhct3548 ne null then bhct3548 eq bhck3548

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd976 + bhcks485) eq
bhck3545
bhct2150 eq bhck2150
bhct2143 eq bhck2143
bhct2160 eq bhck2160
(bhck0081 + bhck0395 + bhck0397 + bhck1754 +
bhck1773 + bhckja22 + bhdmb987 + bhckb989 +
bhck5369 + bhckb529 + bhck3545 + bhck2145 +
bhck2150 + bhck2130 + bhck3656 + bhck2143 +
bhck2160) eq bhck2170

FR Y-9C: CHK-8 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231
99991231
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C
FRY9C
FRY9C

Effective
Start Date
20150331
20150331
20160930

No Change
No Change
No Change

HC-M
HC-G
HC

Validity
Validity
Validity

3060
2695
2110

FRY9C

20150331

99991231

No Change

HC

Validity

FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331

99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change

HC
HC
HC
HC

FRY9C

20150331

99991231

No Change

FRY9C

20180630

99991231

FRY9C

20180630

FRY9C

20180630

September 2018

Edit Test

Alg Edit Test

HC-16
HC-20
HC-21

MDRM
Number
BHCK3190
BHCK2750
BHCK2948

HC-M14d must equal HC-16.
HC-G5 must equal HC-20.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-13a1 through HC-20 must equal HC-21.

bhct3190 eq bhck3190
bhct2750 eq bhck2750
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
(bhdm6631 + bhdm6636 + bhfn6631 + bhfn6636 +
bhdmb993 + bhckb995 + bhck3548 + bhck3190 +
bhck4062 + bhckc699 + bhck2750) eq bhck2948

2125

HC-27a

BHCK3210

Sum of HC-23 through HC-26c must equal HC-27a. (bhck3283 + bhck3230 + bhck3240 + bhck3247 +
bhckb530 + bhcka130) eq bhck3210

Validity
Validity
Validity
Validity

2127
2135
2145
2150

HC-27a
HC-29
HC-29
HC-Mem1

BHCK3210
BHCK3300
BHCK3300
BHCKC884

HC

Validity

2155

HC-Mem1

BHCKC884

HI-A15 must equal HC-27a.
Sum of HC-21 and HC-28 must equal HC-29.
HC-29 must equal HC-12.
For December, HC-Mem1 must equal "1" (yes) or
"0" (no) and HC-Mem1 must not be null.
If HC-Mem1 is equal "1" (yes), then HC-Mem2a(1)
through HC-Mem2b(2) must not be null.

No Change

HC-B

Validity

0152

HC-B5aA

BHCKC026

If HC-12 (previous June) is greater than $10 billion, if (((mm-q1 eq 03) and (bhck2170-q4 gt
then HC-B5aA must equal sum of HC-BM5aA
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
through HC-BM5fA.
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then bhckc026 eq
(bhckb838 + bhckb842 + bhckb846 + bhckb850 +
bhckb854 + bhckb858)

99991231

No Change

HC-B

Validity

0153

HC-B5aB

BHCKC988

If HC-12 (previous June) is greater than $10 billion, if (((mm-q1 eq 03) and (bhck2170-q4 gt
then HC-B5aB must equal sum of HC-BM5aB
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
through HC-BM5fB.
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then bhckc988 eq
(bhckb839 + bhckb843 + bhckb847 + bhckb851 +
bhckb855 + bhckb859)

99991231

No Change

HC-B

Validity

0154

HC-B5aC

BHCKC989

If HC-12 (previous June) is greater than $10 billion, if (((mm-q1 eq 03) and (bhck2170-q4 gt
then HC-B5aC must equal sum of HC-BM5aC
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
through HC-BM5fC.
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then bhckc989 eq
(bhckb840 + bhckb844 + bhckb848 + bhckb852 +
bhckb856 + bhckb860)

bhct3210 eq bhck3210
(bhck2948 + bhckg105) eq bhck3300
bhck3300 eq bhck2170
if (mm-q1 eq 12) then (bhckc884 eq 1 or bhckc884
eq 0) and bhckc884 ne null
if (bhckc884 eq 1) then (textc703 ne null and
textc708 ne null and textc714 ne null and textc715
ne null and textc704 ne null and textc705 ne null)

FR Y-9C: CHK-9 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180630

Edit Test

HC-B5aD

MDRM
Number
BHCKC027

No Change

HC-B

Validity

0155

FRY9C

20180630

99991231

No Change

HC-B

Validity

FRY9C

20180630

99991231

No Change

HC-B

FRY9C

20180630

99991231

No Change

FRY9C

20180630

99991231

FRY9C

20150331

FRY9C

FRY9C

2175

HC-B8A

BHCT1754

Sum of HC-B1A through HC-B6bA must equal HCB8A.

(bhck0211 + bhckht50 + bhck8496 + bhckg300 +
bhckg304 + bhckg308 + bhckg312 + bhckg316 +
bhckg320 + bhckk142 + bhckk146 + bhckk150 +
bhckk154 + bhckc026 + bhckht58 + bhck1737 +
bhck1742) eq bhct1754

Validity

2215

HC-B8B

BHCK1771

Sum of HC-B1B through HC-B6bB must equal HCB8B.

(bhck0213 + bhckht51 + bhck8497 + bhckg301 +
bhckg305 + bhckg309 + bhckg313 + bhckg317 +
bhckg321 + bhckk143 + bhckk147 + bhckk151 +
bhckk155 + bhckc988 + bhckht59 + bhck1738 +
bhck1743) eq bhck1771

HC-B

Validity

2225

HC-B8C

BHCK1772

Sum of HC-B1C through HC-B7C must equal HCB8C.

(bhck1286 + bhckht52 + bhck8498 + bhckg302 +
bhckg306 + bhckg310 + bhckg314 + bhckg318 +
bhckg322 + bhckk144 + bhckk148 + bhckk152 +
bhckk156 + bhckc989 + bhckht60 + bhck1739 +
bhck1744 + bhcka510) eq bhck1772

No Change

HC-B

Validity

2185

HC-B8D

BHCT1773

Sum of HC-B1D through HC-B7D must equal HCB8D.

(bhck1287 + bhckht53 + bhck8499 + bhckg303 +
bhckg307 + bhckg311 + bhckg315 + bhckg319 +
bhckg323 + bhckk145 + bhckk149 + bhckk153 +
bhckk157 + bhckc027 + bhckht61 + bhck1741 +
bhck1746 + bhcka511) eq bhct1773

99991231

No Change

HC-B

Validity

2240

HC-BM1

BHCK0416

bhck0416 le (bhck1754 + bhck1773)

20180630

99991231

No Change

HC-B

Validity

2250

HC-BM2c

BHCK0387

HC-BM1 must be less than or equal to the sum of
HC-2a and HC-2b.
If HC-N10C is equal to zero, then the sum of HCBM2a through HC-BM2c must be equal to the sum
of HC-B1A through HC-B6bA and HC-B1D through
HC-B6bD.

20180630

99991231

No Change

HC-B

Validity

2260

HC-BM4a

BHCK8782

HC-BM4a must be less than or equal to the sum of
HC-B2aA through HC-B3A, HC-B5aA through HCB6bA, HC-B2aC through HC-B3C, and HC-B5aC
through HC-B6bC.

bhck8782 le (bhckht50 + bhck8496 + bhckc026 +
bhckht58 + bhck1737 + bhck1742 + bhckht52 +
bhck8498 + bhckc989 + bhckht60 + bhck1739 +
bhck1744)

September 2018

Alg Edit Test

If HC-12 (previous June) is greater than $10 billion, if (((mm-q1 eq 03) and (bhck2170-q4 gt
then HC-B5aD must equal sum of HC-BM5aD
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
through HC-BM5fD.
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then bhckc027 eq
(bhckb841 + bhckb845 + bhckb849 + bhckb853 +
bhckb857 + bhckb861)

if bhck3507 eq 0 then (bhck0383 + bhck0384 +
bhck0387) eq ((bhck0211 + bhckht50 + bhck8496
+ bhckg300 + bhckg304 + bhckg308 + bhckg312 +
bhckg316 + bhckg320 + bhckk142 + bhckk146 +
bhckk150 + bhckk154 + bhckc026 + bhckht58 +
bhck1737 + bhck1742) + (bhck1287 + bhckht53 +
bhck8499 + bhckg303 + bhckg307 + bhckg311 +
bhckg315 + bhckg319 + bhckg323 + bhckk145 +
bhckk149 + bhckk153 + bhckk157 + bhckc027 +
bhckht61 + bhck1741 + bhck1746))

FR Y-9C: CHK-10 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180630

No Change

HC-B

Validity

2270

HC-BM4b

MDRM
Number
BHCK8783

FRY9C

20180630

99991231

No Change

HC-B

Validity

0156

HC-BM6gA

BHCKG372

FRY9C

20180630

99991231

No Change

HC-B

Validity

0157

HC-BM6gB

BHCKG373

If HC-12 (previous June) is greater than $10 billion, if (((mm-q1 eq 03) and (bhck2170-q4 gt
then the sum of HC-BM6aB through HC-BM6gB
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
must equal HC-B5bB.
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then (bhckg349 +
bhckg353 + bhckg357 + bhckg361 + bhckg365 +
bhckg369 + bhckg373) eq bhckht59

FRY9C

20180630

99991231

No Change

HC-B

Validity

0158

HC-BM6gC

BHCKG374

If HC-12 (previous June) is greater than $10 billion, if (((mm-q1 eq 03) and (bhck2170-q4 gt
then the sum of HC-BM6aC through HC-BM6gC
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
must equal HC-B5bC.
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then (bhckg350 +
bhckg354 + bhckg358 + bhckg362 + bhckg366 +
bhckg370 + bhckg374) eq bhckht60

FRY9C

20180630

99991231

No Change

HC-B

Validity

0159

HC-BM6gD

BHCKG375

If HC-12 (previous June) is greater than $10 billion, if (((mm-q1 eq 03) and (bhck2170-q4 gt
then the sum of HC-BM6aD through HC-BM6gD
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
must HC-B5bD.
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then (bhckg351 +
bhckg355 + bhckg359 + bhckg363 + bhckg367 +
bhckg371 + bhckg375) eq bhckht61

FRY9C

20150331

99991231

No Change

HC-C

Validity

0309

HC-C1a1B

BHCKF158

Sum of HC-CM1a1 and HC-N1a1A through HCN1a1C must be less than or equal to HC-C1a1B.

(bhdmk158 + bhckf172 + bhckf174 + bhckf176) le
bhckf158

FRY9C

20150331

99991231

No Change

HC-C

Validity

0310

HC-C1a2B

BHCKF159

Sum of HC-CM1a2 and HC-N1a2A through HCN1a2C must be less than or equal to HC-C1a2B.

(bhdmk159 + bhckf173 + bhckf175 + bhckf177) le
bhckf159

FRY9C

20150331

99991231

No Change

HC-C

Validity

0420

HC-C1bB

BHDM1420

FRY9C

20150331

99991231

No Change

HC-C

Validity

0311

HC-C1c2bB

BHDM5368

Sum of HC-CM1f1 and HC-N1bA through HC-N1bC
must be less than or equal to HC-C1bB.
Sum of HC-CM1b and HC-N1c1A through HCN1c2bC must be less than or equal to the sum of
HC-C1c1B through HC-C1c2bB.

(bhdmk166 + bhck3493 + bhck3494 + bhck3495)
le bhdm1420
(bhdmf576 + bhck5398 + bhck5399 + bhck5400 +
bhckc236 + bhckc237 + bhckc229 + bhckc238 +
bhckc239 + bhckc230) le (bhdm1797 + bhdm5367
+ bhdm5368)

FRY9C

20150331

99991231

No Change

HC-C

Validity

0312

HC-C1dB

BHDM1460

September 2018

Edit Test

Alg Edit Test

HC-BM4b must be less than or equal to the sum of
HC-B2B through HC-B3B, HC-B5aB through HCB6bB, HC-B2D through HC-B3D, and HC-B5aD
through HC-B6bD.
If HC-12 (previous June) is greater than $10 billion,
then the sum of HC-BM6aA through HC-BM6gA
must equal HC-B5bA.

bhck8783 le (bhckht51 + bhck8497 + bhckc988 +
bhckht59 + bhck1738 + bhck1743 + bhckht53 +
bhck8499 + bhckc027 + bhckht61 + bhck1741 +
bhck1746)
if (((mm-q1 eq 03) and (bhck2170-q4 gt
10000000)) or ((mm-q1 eq 06) and (bhck2170-q5
gt 10000000)) or ((mm-q1 eq 09) and (bhck2170q6 gt 10000000)) or ((mm-q1 eq 12) and
(bhck2170-q7 gt 10000000))) then (bhckg348 +
bhckg352 + bhckg356 + bhckg360 + bhckg364 +
bhckg368 + bhckg372) eq bhckht58

Sum of HC-CM1c and HC-N1dA through HC-N1dC (bhdmk160 + bhck3499 + bhck3500 + bhck3501)
must be less than or equal to HC-C1dB.
le bhdm1460

FR Y-9C: CHK-11 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

Alg Edit Test

HC-C1e1B

MDRM
Number
BHCKF160

No Change

HC-C

Validity

0313

Sum of HC-CM1d1 and HC-N1e1A through HCN1e1C must be less than or equal to HC-C1e1B.

(bhdmk161 + bhckf178 + bhckf180 + bhckf182) le
bhckf160

FRY9C

20150331

99991231

No Change

HC-C

Validity

0314

HC-C1e2B

BHCKF161

Sum of HC-CM1d2 and HC-N1e2A through HCN1e2C must be less than or equal to HC-C1e2B.

(bhdmk162 + bhckf179 + bhckf181 + bhckf183) le
bhckf161

FRY9C

20150331

99991231

No Change

HC-C

Validity

2275

HC-C1e2B

BHCKF161

Sum of HC-C1a1B through HC-C1e2B must be less (bhckf158 + bhckf159 + bhdm1420 + bhdm1797 +
than or equal to HC-C1A.
bhdm5367 + bhdm5368 + bhdm1460 + bhckf160 +
bhckf161) le bhck1410

FRY9C

20160930

99991231

No Change

HC-C

Validity

0421

HC-C2bA

BHCK1296

(bhck5377 + bhck5378 + bhck5379 + bhck5380 +
bhck5381 + bhck5382) le (bhck1292 + bhck1296)

No Change

HC-C

Validity

2285

HC-C2bA

BHCK1296

99991231

No Change

HC-C

Validity

0422

HC-C3A

BHCK1590

20150331
20150331

99991231
99991231

No Change
No Change

HC-C
HC-C

Validity
Validity

2300
0315

HC-C3B
HC-C4bA

BHDM1590
BHCK1764

FRY9C

20150331

99991231

No Change

HC-C

Validity

2315

HC-C4bA

BHCK1764

FRY9C

20160930

99991231

No Change

HC-C

Validity

0423

HC-C6aA

BHCKB538

FRY9C

20160930

99991231

No Change

HC-C

Validity

0416

HC-C6cA

BHCKK137

FRY9C

20150331

99991231

No Change

HC-C

Validity

2325

HC-C6dA

BHCKK207

FRY9C

20160930

99991231

No Change

HC-C

Validity

0417

HC-C6dA

BHCKK207

FRY9C

20160930

99991231

No Change

HC-C

Validity

0418

HC-C7A

BHCK2081

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC-C
HC-C

Validity
Validity

2333
2335

HC-C7B
HC-C9aB

BHDM2081
BHDMJ454

Sum of HC-N2aA through HC-N2bC must be less
than or equal to the sum of HC-C2aA and HCC2bA.
HC-C2B must be less than or equal to the sum of
HC-C2aA and HC-C2bA.
Sum of HC-CM1f2 and HC-N3A through HC-N3C
must be less than or equal to HC-C3A.
HC-C3B must be less than or equal to HC-C3A.
Sum of HC-CM1e1, HC-CM1e2 and HC-N4A
through HC-N4C must be less than or equal to the
sum of HC-C4aA and HC-C4bA.
HC-C4B must be less than or equal to the sum of
HC-C4aA and HC-C4bA.
Sum of HC-CM1f3a and HC-N5aA through HCN5aC must be less than or equal to HC-C6aA.
Sum of HC-CM1f3b and HC-N5bA through HCN5bC must be less than or equal to HC-C6cA.
HC-C6B must be less than or equal to the sum of
HC-C6aA, HC-C6bA, HC-C6cA and HC-C6dA.
Sum of HC-CM1f3c and HC-N5cA through HCN5cC must be less than or equal to the sum of HCC6bA and HC-C6dA.
Sum of HC-N6A through HC-N6C must be less than
or equal to HC-C7A.
HC-C7B must be less than or equal to HC-C7A.
HC-C9aB must be less than or equal to HC-C9aA.

FRY9C

20150331

99991231

FRY9C

20160930

FRY9C
FRY9C

FRY9C

20150331

99991231

No Change

HC-C

Validity

2337

HC-C9b1B

BHDM1545

bhdm1545 le bhck1545

FRY9C

20150331

99991231

No Change

HC-C

Validity

2340

HC-C9b2B

BHDMJ451

HC-C9b1B must be less than or equal to HCC9b1A.
HC-C9b2B must be less than or equal to HCC9b2A.

September 2018

bhdm1288 le (bhck1292 + bhck1296)
(bhckk168 + bhck1594 + bhck1597 + bhck1583) le
bhck1590
bhdm1590 le bhck1590
(bhckk163 + bhckk164 + bhck1606 + bhck1607 +
bhck1608) le (bhck1763 + bhck1764)
bhdm1766 le (bhck1763 + bhck1764)
(bhckk098 + bhckb575 + bhckb576 + bhckb577) le
bhckb538
(bhckk203 + bhckk213 + bhckk214 + bhckk215) le
bhckk137
bhdm1975 le (bhckb538 + bhckb539 + bhckk137 +
bhckk207)
(bhckk204 + bhckk216 + bhckk217 + bhckk218) le
(bhckb539 + bhckk207)
(bhck5389 + bhck5390 + bhck5391) le bhck2081
bhdm2081 le bhck2081
bhdmj454 le bhckj454

bhdmj451 le bhckj451

FR Y-9C: CHK-12 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

Alg Edit Test

HC-C9b2A

MDRM
Number
BHCKJ451

No Change

HC-C

Validity

0316

Sum of HC-CM1f, HC-N1bA through HC-N1bC, HCN1fA through HC-N3C, HC-N5aA through HC-N7C
must be less than or equal to the sum of HC-C1A,
HC-C2aA through HC-C3A, HC-C6aA through HCC7A and HC-C9aA through HC-C9b2A minus the
sum of HC-C1a1B, HC-C1a2B and HC-C1c1B
through HC-C1e2B.

(bhckk165 + bhck3493 + bhck3494 + bhck3495 +
bhckb572 + bhckb573 + bhckb574 + bhck5377 +
bhck5378 + bhck5379 + bhck5380 + bhck5381 +
bhck5382 + bhck1594 + bhck1597 + bhck1583 +
bhckb575 + bhckb576 + bhckb577 + bhckk213 +
bhckk214 + bhckk215 + bhckk216 + bhckk217 +
bhckk218 + bhck5389 + bhck5390 + bhck5391 +
bhck5459 + bhck5460 + bhck5461) le ((bhck1410
+ bhck1292 + bhck1296 + bhck1590 + bhckb538 +
bhckb539 + bhckk137 + bhckk207 + bhck2081 +
bhckj454 + bhck1545 + bhckj451) - (bhckf158 +
bhckf159 + bhdm1797 + bhdm5367 + bhdm5368 +
bhdm1460 + bhckf160 + bhckf161))

FRY9C

20160930

99991231

No Change

HC-C

Validity

0419

HC-C9b2A

BHCKJ451

Sum of HC-N1fA through HC-N1fC, and HC-N7A
through HC-N7C must be less than or equal to the
sum of HC-C1A, and HC-C9aA through HC-C9b2A
minus the sum of HC-C1a1B through HC-C1e2B.

(bhckb572 + bhckb573 + bhckb574 + bhck5459 +
bhck5460 + bhck5461) le ((bhck1410 + bhckj454 +
bhck1545 + bhckj451) - (bhckf158 + bhckf159 +
bhdm1420 + bhdm1797 + bhdm5367 + bhdm5368
+ bhdm1460 + bhckf160 + bhckf161))

FRY9C

20150331

99991231

No Change

HC-C

Validity

2360

HC-C10bA

BHCKF163

HC-C

Validity

2370

HC-C11A

BHCK2123

HC-C10B must be less than or equal to the sum of bhdm2165 le (bhckf162 + bhckf163)
HC-C10aA and HC-C10bA.
Sum of HC-C1A through HC-C10bA minus HC-C11A (bhck1410 + bhck1292 + bhck1296 + bhck1590 +
must equal HC-C12A.
bhck1763 + bhck1764 + bhckb538 + bhckb539 +
bhckk137 + bhckk207 + bhck2081 + bhckj454 +
bhck1545 + bhckj451 + bhckf162 + bhckf163) bhck2123 eq bhck2122

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

HC-C

Validity

2380

HC-C11B

BHDM2123

HC-C11B must be less than or equal to HC-C11A.

FRY9C

20150331

99991231

No Change

HC-C

Validity

2395

HC-C12A

BHCK2122

HC-C12A must equal the sum of HC-4a and HC-4b. bhck2122 eq (bhck5369 + bhckb528)

FRY9C

20150331

99991231

No Change

HC-C

Validity

2410

HC-C12B

BHDM2122

Sum of HC-C1a1B through HC-C10B minus HCC11B must equal HC-C12B.

(bhckf158 + bhckf159 + bhdm1420 + bhdm1797 +
bhdm5367 + bhdm5368 + bhdm1460 + bhckf160 +
bhckf161 + bhdm1288 + bhdm1590 + bhdm1766 +
bhdm1975 + bhdm2081 + bhdmj454 + bhdm1545
+ bhdmj451 + bhdm2165) - bhdm2123 eq
bhdm2122

FRY9C

20150331

99991231

No Change

HC-C

Validity

2420

HC-C12B

BHDM2122

HC-C12B must be less than or equal to HC-C12A.

bhdm2122 le bhck2122

FRY9C

20150331

99991231

No Change

HC-C

Validity

0347

HC-CM1a1

BHDMK158

bhdmk158 le bhckf158

FRY9C

20150331

99991231

No Change

HC-C

Validity

0348

HC-CM1a2

BHDMK159

FRY9C

20150331

99991231

No Change

HC-C

Validity

0349

HC-CM1b

BHDMF576

HC-CM1a1 must be less than or equal to HCC1a1B
HC-CM1a2 must be less than or equal to HCC1a2B
HC-CM1b must be less than or equal to the sum of
HC-C1c1B through HC-C1c2bB

September 2018

bhdm2123 le bhck2123

bhdmk159 le bhckf159
bhdmf576 le (bhdm1797 + bhdm5367 +
bhdm5368)

FR Y-9C: CHK-13 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

Alg Edit Test

HC-CM1c

MDRM
Number
BHDMK160

No Change

HC-C

Validity

0350

HC-CM1c must be less than or equal to HC-C1dB

bhdmk160 le bhdm1460

FRY9C

20150331

99991231

No Change

HC-C

Validity

0351

HC-CM1d1

BHDMK161

Validity

0352

HC-CM1d2

BHDMK162

HC-C

Validity

0353

HC-CM1e1

BHCKK163

HC-CM1d1 must be less than or equal to HCbhdmk161 le bhckf160
C1e1B
HC-CM1d2 must be less than or equal to HCbhdmk162 le bhckf161
C1e2B
HC-CM1e1 must be less than or equal to HC-C4aA bhckk163 le bhck1763

FRY9C

20150331

99991231

No Change

HC-C

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

HC-C

Validity

0354

HC-CM1e2

BHCKK164

HC-CM1e2 must be less than or equal to HC-C4bA bhckk164 le bhck1764

FRY9C

20150331

99991231

No Change

HC-C

Validity

2430

HC-CM1f

BHCKK165

HC-CM1f must be less than or equal to the sum of
HC-C1A, HC-C2aA through HC-C3A, HC-C6aA
through HC-C7A and HC-C9aA through HC-C9b2A
minus the sum of HC-C1a1B, HC-C1a2B and HCC1c1B through HC-C1e2B.

FRY9C

20150331

99991231

No Change

HC-C

Validity

0356

HC-CM1f1

BHDMK166

HC-CM1f1 must be less than or equal to HC-C1bB. bhdmk166 le bhdm1420

FRY9C

20160930

99991231

No Change

HC-C

Validity

0358

HC-CM1f2

BHCKK168

HC-CM1f2 must be less than or equal to HC-C3A.

bhckk168 le bhck1590

FRY9C

20160930

99991231

No Change

HC-C

Validity

0359

HC-CM1f3a

BHCKK098

bhckk098 le bhckb538

FRY9C

20160930

99991231

No Change

HC-C

Validity

0360

HC-CM1f3b

BHCKK203

FRY9C

20160930

99991231

No Change

HC-C

Validity

0361

HC-CM1f3c

BHCKK204

FRY9C

20160930

99991231

No Change

HC-C

Validity

0355

HC-CM1f3c

BHCKK204

FRY9C

20180331

99991231

No Change

HC-C

Validity

0450

HC-CM1g

BHCKHK25

HC-CM1f3a must be less than or equal to HCC6aA.
HC-CM1f3b must be less than or equal to HCC6cA.
HC-CM1f3c must be less than or equal to the sum
of HC-C6bA and HC-C6dA.
Sum of HC-CM1f1 through HC-CM1f3c must be
less than or equal to HC-CM1f.
HC-CM1g must equal the sum of HC-CM1a1
through HC-CM1f.

FRY9C

20150331

99991231

No Change

HC-C

Validity

2440

HC-CM2

BHCK2746

FRY9C

20150331

99991231

No Change

HC-C

Validity

2455

HC-CM3

BHCKB837

HC-CM2 must be less than or equal to the sum of bhck2746 le (bhck1763 + bhck1764 + bhckj454 +
HC-C4aA, HC-C4bA, HC-C9aA, HC-C9b1A and HC- bhck1545 + bhckj451)
C9b2A.
HC-CM3 must be less than or equal to HC-C1A.
bhckb837 le bhck1410

FRY9C

20150331

99991231

No Change

HC-C

Validity

2460

HC-CM4

BHCKC391

HC-CM4 must be less than or equal to HC-C6aA.

bhckc391 le bhckb538

FRY9C

20180630

99991231

No Change

HC-C

Validity

2465

HC-CM6a

BHCKF230

if mm-q1 eq 06 or mm-q1 eq 12, bhckf230 le
(bhdm5367 + bhdm5368)

FRY9C

20180630

99991231

No Change

HC-D

Validity

2479

HC-D12

BHCT3545

For June and December, HC-CM6a must be less
than or equal to the sum of HC-C1c2aB and HCC1c2bB.
Sum of HC-D1 through HC-D11 must equal HCD12.

FRY9C

20180630

99991231

No Change

HC-D

Validity

2509

HC-D15

BHCT3548

Sum of HC-D13a1, HC-D13a2, HC-D13a3, HCD13b, and HC-D14 must equal HC-D15.

(bhckg209 + bhckg210 + bhckg211 + bhckf624 +
bhck3547) eq bhct3548

September 2018

bhckk165 le ((bhck1410 + bhck1292 + bhck1296 +
bhck1590 + bhckb538 + bhckb539 + bhckk137 +
bhckk207 + bhck2081 + bhckj454 + bhck1545 +
bhckj451) - (bhckf158 + bhckf159 + bhdm1797 +
bhdm5367 + bhdm5368 + bhdm1460 + bhckf160 +
bhckf161))

bhckk203 le bhckk137
bhckk204 le (bhckb539 + bhckk207)
(bhdmk166 + bhckk168 + bhckk098 + bhckk203 +
bhckk204) le bhckk165
bhckhk25 eq (bhdmk158 + bhdmk159 + bhdmf576
+ bhdmk160 + bhdmk161 + bhdmk162 + bhckk163
+ bhckk164 + bhckk165)

(bhcm3531 + bhcm3532 + bhcm3533 + bhckg379
+ bhckg380 + bhckg381 + bhckk197 + bhckk198 +
bhckht62 + bhckg386 + bhckht63 + bhckht64 +
bhckf614 + bhckht65 + bhckf618 + bhcm3541 +
bhcm3543) eq bhct3545

FR Y-9C: CHK-14 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180930

Edit Test

HC-DM3g

MDRM
Number
BHCKG652

Revised

HC-D

Validity

0174

FRY9C

20170331

99991231

No Change

HC-E

Validity

FRY9C

20170331

99991231

No Change

HC-E

FRY9C

20170331

99991231

No Change

FRY9C

20170331

99991231

FRY9C

20160930

FRY9C

2550

HC-E1e

BHCBJ474

Validity

2580

HC-E2e

BHODJ474

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
If HC-E1e is greater than zero, then HC-E1e must
be greater than or equal to $250k.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-E1a through HC-E2e must equal the
sum of HC-13a1 and HC-13a2.

HC-E

Validity

2595

HC-E2e

BHODJ474

No Change

HC-E

Validity

2615

HC-EM3

BHDMHK32

99991231

No Change

HC-E

Validity

2625

HC-EM4

BHFNA245

20180630

99991231

No Change

HC-F

Validity

2640

HC-F6

BHCK2168

FRY9C

20150331

99991231

No Change

HC-G

Validity

2680

HC-G4

BHCKB984

FRY9C

20180331

99991231

No Change

HC-H

Validity

2710

HC-H1

BHCK3197

HC-H1 must be less than or equal to the sum of HC- bhck3197 le ((bhck0395 + bhck0397 + bhck1754 +
1b1 through HC-4b, HC-7, HC-8, and HC-11 minus bhck1773 + bhckja22 + bhdmb987 + bhckb989 +
the sum of HC-N9C and HC-N10C.
bhck5369 + bhckb528 + bhck2150 + bhck2130 +
bhck2160) - (bhck1403 + bhck3507)

FRY9C

20150331

99991231

No Change

HC-H

Validity

2725

HC-H3

BHCK3298

FRY9C
FRY9C

20150331
20170331

99991231
99991231

No Change
No Change

HC-H
HC-I

Validity
Validity

2740
2750

HC-H5
HC-I(I)1

BHCK3409
BHCKB988

FRY9C

20170331

99991231

No Change

HC-I

Validity

2760

HC-I(II)1

BHCKC247

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC-K
HC-L

Validity
Validity

2770
2775

HC-K5
HC-L1c1

BHCK3368
BHCK3816

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HC-L
HC-L
HC-L

Validity
Validity
Validity

2800
2805
2815

HC-L2a
HC-L3a
HC-L9f

BHCK3820
BHCK3822
BHCK6586

HC-H3 must be less than or equal to the sum of HC- bhck3298 le (bhck3190 + bhck4062)
16 and HC-19a.
HC-H5 must be less than or equal to HC-19a.
bhck3409 le bhck4062
HC-I(I)1 must be greater than or equal to 10
bhckb988 ge 10000 or bhckb988 eq null
million or must be null.
HC-I(II)1 must be greater than or equal to 10
bhckc247 ge 10000 or bhckc247 eq null
million or must be null.
HC-K5 must be greater than zero.
bhck3368 gt 0
Sum of HC-L1c1a and HC-L1c1b must equal HC(bhckf164 + bhckf165) eq bhck3816
L1c1.
HC-L2a must be less than or equal to HC-L2.
bhck3820 le bhck6566
HC-L3a must be less than or equal to HC-L3.
bhck3822 le bhck6570
Sum of HC-L9a through HC-L9f must be less than (bhck3434 + bhck3435 + bhck6561 + bhck6562 +
or equal to HC-L9.
bhck6568 + bhck6586) le bhck3430

FRY9C

20150331

99991231

No Change

HC-L

Validity

2830

HC-L13A

BHCK8725

September 2018

Alg Edit Test

If HC-D5a and HC-DM3a are not null, then the sum if bhckht62 ne null and bhckg299 ne null then
of HC-DM3a through HC-DM3g must equal the
(bhckg299 + bhckg332 + bhckg333 + bhckg334 +
sum of HC-D5a.
bhckg335 + bhckg651 + bhckg652) eq bhckht62
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
if bhcbj474 gt 0 then bhcbj474 ge 250

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
(bhcb2210 + bhcb3187 + bhcb2389 + bhcbhk29 +
bhcbj474 + bhod3189 + bhod3187 + bhod2389 +
bhodhk29 + bhodj474) eq (bhdm6631 +
bhdm6636)
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs, For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
If HC-E2e is greater than zero, then HC-E2e must if bhodj474 gt 0 then bhodj474 ge 250
be greater than or equal to $250k.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs, For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
HC-EM3 must be less than or equal to the sum of bhdmhk32 le (bhcbj474 + bhodj474)
HC-E1e and HC-E2e.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs, For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
HC-EM4 must be less than or equal to the sum of bhfna245 le (bhfn6631 + bhfn6636)
HC-13b1 and HC-13b2.
Sum of HC-F1 through HC-F6 must equal HC-F7.
(bhckb556 + bhck2148 + bhckht80 + bhck1752 +
bhckk201 + bhckk202 + bhckk270 + bhck2168) eq
bhct2160
Sum of HC-G2 through HC-G4 must equal HC-G5. (bhck3049 + bhckb557 + bhckb984) eq bhct2750

Sum of HC-L11aA through HC-L11eA must equal
the sum of HC-L12A and HC-L13A.

(bhck8693 + bhck8697 + bhck8701 + bhck8705 +
bhck8709 + bhck8713 + bhck3450) eq (bhcka126 +
bhck8725)

FR Y-9C: CHK-15 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-L

Validity

2855

HC-L13B

MDRM
Number
BHCK8726

FRY9C

20150331

99991231

No Change

HC-L

Validity

2880

HC-L13C

BHCK8727

FRY9C

20150331

99991231

No Change

HC-L

Validity

2895

HC-L13D

BHCK8728

FRY9C

20150331

99991231

No Change

HC-L

Validity

0177

HC-L15b8A

BHCKG458

FRY9C

20150331

99991231

No Change

HC-L

Validity

0179

HC-L15b8C

BHCKG460

Sum of HC-L15b1C through HC-L15b7C must equal (bhckg425 + bhckg430 + bhckg435 + bhckg440 +
HC-L15b8C.
bhckg445 + bhckg450 + bhckg455) eq bhckg460

FRY9C

20150331

99991231

No Change

HC-L

Validity

0180

HC-L15b8D

BHCKG461

Sum of HC-L15b1D through HC-L15b7D must
equal HC-L15b8D.

FRY9C

20150331

99991231

No Change

HC-L

Validity

0181

HC-L15b8E

BHCKG462

Sum of HC-L15b1E through HC-L15b7E must equal (bhckg427 + bhckg432 + bhckg437 + bhckg442 +
HC-L15b8E.
bhckg447 + bhckg452 + bhckg457) eq bhckg462

FRY9C

20160930

99991231

No Change

HC-M

Validity

2920

HC-M2

BHCK6555

FRY9C

20160930

99991231

No Change

HC-M

Validity

2925

HC-M3

BHCK6556

FRY9C

20180331

99991231

No Change

HC-M

Validity

0222

HC-M6a5

BHCKK183

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
HC-M2 must be less than or equal to the sum of
HC-16 and HC-19a.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
HC-M3 must be less than or equal to the sum of
HC-16 and HC-19a.
Sum of HC-M6a1a1 through HC-M6a5 must be
less than or equal to the sum of HC-4a and HC-4b.

FRY9C

20150331

99991231

No Change

HC-M

Validity

0317

HC-M6a1a1

BHDMK169

FRY9C

20150331

99991231

No Change

HC-M

Validity

0332

HC-M6a1a1

BHDMK169

FRY9C

20150331

99991231

No Change

HC-M

Validity

0318

HC-M6a1a2

BHDMK170

FRY9C

20150331

99991231

No Change

HC-M

Validity

0333

HC-M6a1a2

BHDMK170

FRY9C

20150331

99991231

No Change

HC-M

Validity

0319

HC-M6a1b

BHDMK171

FRY9C

20150331

99991231

No Change

HC-M

Validity

0334

HC-M6a1b

BHDMK171

FRY9C

20150331

99991231

No Change

HC-M

Validity

0320

HC-M6a1c1

BHDMK172

FRY9C

20150331

99991231

No Change

HC-M

Validity

0335

HC-M6a1c1

BHDMK172

FRY9C

20150331

99991231

No Change

HC-M

Validity

0321

HC-M6a1c2a

BHDMK173

FRY9C

20150331

99991231

No Change

HC-M

Validity

0336

HC-M6a1c2a

BHDMK173

September 2018

Edit Test

Alg Edit Test

Sum of HC-L11aB through HC-L11eB must equal
the sum of HC-L12B and HC-L13B.

(bhck8694 + bhck8698 + bhck8702 + bhck8706 +
bhck8710 + bhck8714 + bhck3826) eq (bhcka127 +
bhck8726)
Sum of HC-L11aC through HC-L11eC must equal
(bhck8695 + bhck8699 + bhck8703 + bhck8707 +
the sum of HC-L12C and HC-L13C.
bhck8711 + bhck8715 + bhck8719) eq (bhck8723
+ bhck8727)
Sum of HC-L11aD through HC-L11eD must equal (bhck8696 + bhck8700 + bhck8704 + bhck8708 +
the sum of HC-L12D and HC-L13D.
bhck8712 + bhck8716 + bhck8720) eq (bhck8724
+ bhck8728)
Sum of HC-L15b1A through HC-L15b7A must equal (bhckg423 + bhckg428 + bhckg433 + bhckg438 +
HC-L15b8A.
bhckg443 + bhckg448 + bhckg453) eq bhckg458

Sum of HC-N12a1aA through HC-N12a1aC must
be less than or equal to HC-M6a1a1.
HC-M6a1a1 must be less than or equal to HCC1a1B.
Sum of HC-N12a1bA through HC-N12a1bC must
be less than or equal to HC-M6a1a2.
HC-M6a1a2 must be less than or equal to HCC1a2B.
Sum of HC-N12a2A through HC-N12a2C must be
less than or equal to HC-M6a1b.
HC-M6a1b must be less than or equal to HC-C1bB.
Sum of HC-N12a3aA through HC-N12a3aC must
be less than or equal to HC-M6a1c1.
HC-M6a1c1 must be less than or equal to HCC1c1B.
Sum of HC-N12a3b1A through HC-N12a3b1C must
be less than or equal to HC-M6a1c2a.
HC-M6a1c2a must be less than or equal to HCC1c2aB.

(bhckg426 + bhckg431 + bhckg436 + bhckg441 +
bhckg446 + bhckg451 + bhckg456) eq bhckg461

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
bhck6555 le (bhck3190 + bhck4062)
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
bhck6556 le (bhck3190 + bhck4062)
(bhdmk169 + bhdmk170 + bhdmk171 + bhdmk172
+ bhdmk173 + bhdmk174 + bhdmk175 +
bhdmk176 + bhdmk177 + bhckk183) le (bhck5369
+ bhckb528)
(bhdmk045 + bhdmk046 + bhdmk047) le
bhdmk169
bhdmk169 le bhckf158
(bhdmk048 + bhdmk049 + bhdmk050) le
bhdmk170
bhdmk170 le bhckf159
(bhdmk051 + bhdmk052 + bhdmk053) le
bhdmk171
bhdmk171 le bhdm1420
(bhdmk054 + bhdmk055 + bhdmk056) le
bhdmk172
bhdmk172 le bhdm1797
(bhdmk057 + bhdmk058 + bhdmk059) le
bhdmk173
bhdmk173 le bhdm5367

FR Y-9C: CHK-16 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-M

Validity

0322

HC-M6a1c2b

MDRM
Number
BHDMK174

FRY9C

20150331

99991231

No Change

HC-M

Validity

0337

HC-M6a1c2b

BHDMK174

FRY9C

20150331

99991231

No Change

HC-M

Validity

0323

HC-M6a1d

BHDMK175

FRY9C

20150331

99991231

No Change

HC-M

Validity

0338

HC-M6a1d

BHDMK175

FRY9C

20150331

99991231

No Change

HC-M

Validity

0324

HC-M6a1e1

BHDMK176

FRY9C

20150331

99991231

No Change

HC-M

Validity

0339

HC-M6a1e1

BHDMK176

FRY9C

20150331

99991231

No Change

HC-M

Validity

0325

HC-M6a1e2

BHDMK177

FRY9C

20150331

99991231

No Change

HC-M

Validity

0340

HC-M6a1e2

BHDMK177

FRY9C

20150331

99991231

No Change

HC-M

Validity

0331

HC-M6a5

BHCKK183

FRY9C

20180331

99991231

No Change

HC-M

Validity

0346

HC-M6a5

BHCKK183

FRY9C

20150331

99991231

No Change

HC-M

Validity

0223

HC-M6b6

BHFNK260

Sum of HC-M6b1 through HC-M6b6 must be less
than or equal to HC-7.

FRY9C

20150331

99991231

No Change

HC-M

Validity

0365

HC-M6b7

BHCKK192

HC-M6b7 must be less than or equal to the sum of bhckk192 le (bhdmk187 + bhdmk188 + bhdmk189
HC-M6b1 through HC-M6b6.
+ bhdmk190 + bhdmk191 + bhfnk260)

FRY9C

20150331

99991231

No Change

HC-M

Validity

0224

HC-M6c

BHCKJ461

FRY9C

20150331

99991231

No Change

HC-M

Validity

2955

HC-M8

BHCKC251

FRY9C

20150331

99991231

No Change

HC-M

Validity

2970

HC-M9

BHCK6689

FRY9C

20150331

99991231

No Change

HC-M

Validity

3025

HC-M11

BHCK6416

FRY9C
FRY9C
FRY9C

20150331
20150331
20180930

99991231
99991231
99991231

No Change
No Change
Revised

HC-M
HC-M
HC-M

Validity
Validity
Validity

0217
0218
3010

HC-M11N
HC-M11P
HC-M12c

TEXT6428
TEXT9009
BHCKJF76

FRY9C

20150331

99991231

No Change

HC-M

Validity

3050

HC-M14c

BHCK2333

FRY9C

20150331

99991231

No Change

HC-M

Validity

3070

HC-M15

BHCKB569

FRY9C

20150331

99991231

No Change

HC-M

Validity

3071

HC-M17

BHCKC161

HC-M6c must be less than or equal to the sum of bhckj461 le (bhck1754 + bhck1773)
HC-2a and HC-2b.
HC-M8 must equal 1 (yes) or 0 (no) and must not bhckc251 eq 1 or bhckc251 eq 0 and bhckc251 ne
be null.
null
HC-M9 must equal 1 (yes) or 0 (no) and must not bhck6689 eq 1 or bhck6689 eq 0 and bhck6689 ne
be null.
null
HC-M11 must equal 1 (yes) or 0 (no) and must not bhck6416 eq 1 or bhck6416 eq 0 and bhck6416 ne
be null.
null
HC-M11N must not be null.
text6428 ne null
HC-M11P must not be null.
text9009 ne null
Sum of HC-M12a, HC-M12b and HC-M12c must
(bhck3164 + bhck3163 + bhckjf76) eq bhct2143
equal HC-M12d.
Sum of HC-M14a through HC-M14c must equal HC- (bhck2309 + bhck2332 + bhck2333) eq bhct3190
M14d.
HC-M15 must equal 1 (yes) or 0 (no) and must not bhckb569 eq 1 or bhckb569 eq 0 and bhckb569 ne
be null.
null
HC-M17 must equal 1 (yes) or 0 (no) and must not bhckc161 eq 1 or bhckc161 eq 0 and bhckc161 ne
be null.
null

September 2018

Edit Test

Alg Edit Test

Sum of HC-N12a3b2A through HC-N12a3b2C must
be less than or equal to HC-M6a1c2b.
HC-M6a1c2b must be less than or equal to HCC1c2bB.
Sum of HC-N12a4A through HC-N12a4C must be
less than or equal to HC-M6a1d.
HC-M6a1d must be less than or equal to HC-C1dB.

(bhdmk060 + bhdmk061 + bhdmk062) le
bhdmk174
bhdmk174 le bhdm5368
(bhdmk063 + bhdmk064 + bhdmk065) le
bhdmk175
bhdmk175 le bhdm1460

Sum of HC-N12a5aA through HC-N12a5aC must
(bhdmk066 + bhdmk067 + bhdmk068) le
be less than or equal to HC-M6a1e1.
bhdmk176
HC-M6a1e1 must be less than or equal to HCbhdmk176 le bhckf160
C1e1B.
Sum of HC-N12a5bA through HC-N12a5bC must (bhdmk069 + bhdmk070 + bhdmk071) le
be less than or equal to HC-M6a1e2.
bhdmk177
HC-M6a1e2 must be less than or equal to HCbhdmk177 le bhckf161
C1e2B.
Sum of HC-N12eA through HC-N12eC must be less (bhckk087 + bhckk088 + bhckk089) le bhckk183
than or equal to HC-M6a5.
HC-M6a5 must be less than or equal to the sum of bhckk183 le ((bhck1410 + bhck1292 + bhck1296 +
HC-C1A, HC-C2aA, HC-C2bA, HC-C3A, HC-C4aA, HC- bhck1590 + bhck1763 + bhck1764 + bhckb538 +
C4bA, HC-C6aA through HC-C10bA minus the sum bhckb539 + bhckk137 + bhckk207 +
of HC-C1a1B through HC-C1e2B.
bhck2081 + bhckj454 + bhck1545 + bhckj451 +
bhckf162 + bhckf163) - (bhckf158 + bhckf159 +
bhdm1420 + bhdm1797 + bhdm5367 + bhdm5368
+ bhdm1460 + bhckf160 + bhckf161))
(bhdmk187 + bhdmk188 + bhdmk189 + bhdmk190
+ bhdmk191 + bhfnk260) le bhck2150

FR Y-9C: CHK-17 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-M

Validity

3072

HC-M18

MDRM
Number
BHCKC159

FRY9C

20150331

99991231

No Change

HC-M

Validity

3073

HC-M18

BHCKC159

FRY9C

20150331

99991231

No Change

HC-M

Validity

3074

HC-M19a

BHCKC700

FRY9C

20150331

99991231

No Change

HC-M

Validity

3076

HC-M19a

BHCKC700

FRY9C

20150331

99991231

No Change

HC-M

Validity

3077

HC-M19b

BHCKC701

FRY9C

20150331

99991231

No Change

HC-M

Validity

3078

HC-M19b

BHCKC701

FRY9C

20160930

99991231

No Change

HC-M

Validity

3079

HC-M20d

BHCK5047

FRY9C

20150331

99991231

No Change

HC-N

Validity

3080

HC-N1a1C

BHCKF176

FRY9C

20150331

99991231

No Change

HC-N

Validity

3085

HC-N1bC

BHCK3495

FRY9C

20150331

99991231

No Change

HC-N

Validity

3095

HC-N1c1C

BHCK5400

FRY9C

20150331

99991231

No Change

HC-N

Validity

3100

HC-N1c2aC

BHCKC229

FRY9C

20150331

99991231

No Change

HC-N

Validity

3105

HC-N1c2bC

BHCKC230

FRY9C

20150331

99991231

No Change

HC-N

Validity

3115

HC-N1dC

BHCK3501

FRY9C

20150331

99991231

No Change

HC-N

Validity

3120

HC-N1e1C

BHCKF182

FRY9C

20150331

99991231

No Change

HC-N

Validity

3125

HC-N1f

BHCKB574

FRY9C

20150331

99991231

No Change

HC-N

Validity

3135

HC-N2bC

BHCK5382

FRY9C

20150331

99991231

No Change

HC-N

Validity

3145

HC-N3C

BHCK1583

FRY9C

20150331

99991231

No Change

HC-N

Validity

3155

HC-N4C

BHCK1608

FRY9C

20150331

99991231

No Change

HC-N

Validity

3165

HC-N5aC

BHCKB577

FRY9C

20150331

99991231

No Change

HC-N

Validity

0225

HC-N5bC

BHCKK215

September 2018

Edit Test

Alg Edit Test

If HC-M17 is equal to 1 (yes), then HC-M18 must
equal 1 (yes) or 0 (no) and HC-M18 must not be
null.
If HC-M17 is equal to 0 (no), then HC-M18 must
equal null.
If HC-M17 and HC-M18 are equal to 1 (yes), then
HC-M19a must equal null.
If HC-M17 or HC-M18 is equal to 0 (no), then HCM19a must equal 1 (yes) or 0 (no) and HC-M19a
must not be null.
If HC-M17 and HC-M18 are equal to 1 (yes), then
HC-M19b must equal null.
If HC-M17 or HC-M18 is equal to 0 (no), then HCM19b must equal 1 (yes) or 0 (no) and HC-M19b
must not be null.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
HC-M20d must be less than or equal to the sum of
HC-M20c1, HC-M20c2, and HC-M20c3.

if bhckc161 eq 1 then bhckc159 eq 1 or bhckc159
eq 0 and bhckc159 ne null

Sum of HC-N1a1A through HC-N1a1C must be less
than or equal to HC-C1a1B.
Sum of HC-N1bA through HC-N1bC must be less
than or equal to HC-C1bB.
Sum of HC-N1c1A through HC-N1c1C must be less
than or equal to HC-C1c1B.
Sum of HC-N1c2aA through HC-N1c2aC must be
less than or equal to HC-C1c2aB.
Sum of HC-N1c2bA through HC-N1c2bC must be
less than or equal to HC-C1c2bB.
Sum of HC-N1dA through HC-N1dC must be less
than or equal to HC-C1dB.
Sum of HC-N1e1A through HC-N1e1C must be less
than or equal to HC-C1e1B.
Sum of HC-N1fA through HC-N1fC must be less
than or equal to HC-C1A minus the sum of HCC1a1B through HC-C1e2B.

(bhckf172 + bhckf174 + bhckf176) le bhckf158

Sum of HC-N2aA through HC-N2bC must be less
than or equal to the sum of HC-C2aA and HCC2bA.
Sum of HC-N3A through HC-N3C must be less than
or equal to HC-C3A.
Sum of HC-N4A through HC-N4C must be less than
or equal to the sum of HC-C4aA and HC-C4bA.

(bhck5377 + bhck5378 + bhck5379 + bhck5380 +
bhck5381 + bhck5382) le (bhck1292 + bhck1296)

Sum of HC-N5aA through HC-N5aC must be less
than or equal to HC-C6aA.
Sum of HC-N5bA through HC-N5bC must be less
than or equal to HC-C6cA.

(bhckb575 + bhckb576 + bhckb577) le bhckb538

if bhckc161 eq 0 then bhckc159 eq null
if (bhckc161 eq 1 and bhckc159 eq 1) then
bhckc700 eq null
if (bhckc161 eq 0 or bhckc159 eq 0) then
(bhckc700 eq 1 or bhckc700 eq 0) and bhckc700
ne null
if (bhckc161 eq 1 and bhckc159 eq 1) then
bhckc701 eq null
if (bhckc161 eq 0 or bhckc159 eq 0) then
(bhckc701 eq 1 or bhckc701 eq 0) and bhckc701
ne null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
bhck5047 le (bhck5041 + bhck5043 + bhck5045)

(bhck3493 + bhck3494 + bhck3495) le bhdm1420
(bhck5398 + bhck5399 + bhck5400) le bhdm1797
(bhckc236 + bhckc237 + bhckc229) le bhdm5367
(bhckc238 + bhckc239 + bhckc230) le bhdm5368
(bhck3499 + bhck3500 + bhck3501) le bhdm1460
(bhckf178 + bhckf180 + bhckf182) le bhckf160
(bhckb572 + bhckb573 + bhckb574) le (bhck1410 (bhckf158 + bhckf159 + bhdm1420 + bhdm1797 +
bhdm5367 + bhdm5368 + bhdm1460 + bhckf160 +
bhckf161))

(bhck1594 + bhck1597 + bhck1583) le bhck1590
(bhck1606 + bhck1607 + bhck1608) le (bhck1763
+ bhck1764)

(bhckk213 + bhckk214 + bhckk215) le bhckk137

FR Y-9C: CHK-18 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-N

Validity

3175

HC-N5cC

MDRM
Number
BHCKK218

FRY9C

20150331

99991231

No Change

HC-N

Validity

3185

HC-N6C

BHCK5391

FRY9C

20150331

99991231

No Change

HC-N

Validity

3195

HC-N7C

BHCK5461

FRY9C

20150331

99991231

No Change

HC-N

Validity

3205

HC-N8aC

BHCKF168

FRY9C

20150331

99991231

No Change

HC-N

Validity

3206

HC-N8bC

BHCKF171

FRY9C

20180331

99991231

No Change

HC-N

Validity

1025

HC-N9A

BHCK1406

FRY9C

20180331

99991231

No Change

HC-N

Validity

1027

HC-N9B

BHCK1407

HC-N9B must equal the sum of HC-N1a1B through bhck1407 eq (bhckf174 + bhckf175 + bhck3494 +
HC-N8bB.
bhck5399 + bhckc237 + bhckc239 + bhck3500 +
bhckf180 + bhckf181 + bhckb573 + bhck5378 +
bhck5381 + bhck1597 + bhck1607 + bhckb576 +
bhckk214 + bhckk217 + bhck5390 + bhck5460 +
bhckf167 + bhckf170)

FRY9C

20180331

99991231

No Change

HC-N

Validity

1029

HC-N9C

BHCK1403

HC-N9C must equal the sum of HC-N1a1C through bhck1403 eq (bhckf176 + bhckf177 + bhck3495 +
HC-N8bC.
bhck5400 + bhckc229 + bhckc230 + bhck3501 +
bhckf182 + bhckf183 + bhckb574 + bhck5379 +
bhck5382 + bhck1583 + bhck1608 + bhckb577 +
bhckk215 + bhckk218 + bhck5391 + bhck5461 +
bhckf168 + bhckf171)

FRY9C

20180630

99991231

No Change

HC-N

Validity

3215

HC-N10C

BHCK3507

Sum of HC-N10A through HC-N10C must be less
(bhck3505 + bhck3506 + bhck3507) le (bhck0081
than or equal to the sum of HC-1a through HC-3b, + bhck0395 + bhck0397 + bhck1754 + bhck1773 +
HC-5, and HC-10 and HC-11.
bhckja22 + bhdmb987 + bhckb989 + bhck3545 +
bhck2143 + bhck2160)

FRY9C

20150331

99991231

No Change

HC-N

Validity

3270

HC-N11A

BHCKK036

HC-N11A must be less than or equal to the sum of bhckk036 le (bhckf172 + bhckf173 + bhck3493 +
HC-N1a1A through HC-N8bA.
bhck5398 + bhckc236 + bhckc238 + bhck3499 +
bhckf178 + bhckf179 + bhckb572 + bhck5377 +
bhck5380 + bhck1594 + bhck1606 + bhckb575 +
bhckk213 + bhckk216 + bhck5389 + bhck5459 +
bhckf166 + bhckf169)

September 2018

Edit Test

Alg Edit Test

Sum of HC-N5cA through HC-N5cC must be less
(bhckk216 + bhckk217 + bhckk218) le (bhckb539 +
than or equal to the sum of HC-C6bA and HCbhckk207)
C6dA.
Sum of HC-N6A through HC-N6C must be less than (bhck5389 + bhck5390 + bhck5391) le bhck2081
or equal to HC-C7A.
Sum of HC-N7A through HC-N7C must be less than (bhck5459 + bhck5460 + bhck5461) le (bhckj454 +
or equal to the sum of HC-C9aA, HC-C9b1A and HC- bhck1545 + bhckj451)
C9b2A.
Sum of HC-N8aA through HC-N8aC must be less
(bhckf166 + bhckf167 + bhckf168) le bhckf162
than or equal to HC-C10aA.
Sum of HC-N8bA through HC-N8bC must be less (bhckf169 + bhckf170 + bhckf171) le bhckf163
than or equal to HC-C10bA.
HC-N9A must equal the sum of HC-N1a1A through bhck1406 eq (bhckf172 + bhckf173 + bhck3493 +
HC-N8bA.
bhck5398 + bhckc236 + bhckc238 + bhck3499 +
bhckf178 + bhckf179 + bhckb572 + bhck5377 +
bhck5380 + bhck1594 + bhck1606 + bhckb575 +
bhckk213 + bhckk216 + bhck5389 + bhck5459 +
bhckf166 + bhckf169)

FR Y-9C: CHK-19 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

HC-N11B

MDRM
Number
BHCKK037

No Change

HC-N

Validity

3280

FRY9C

20150331

99991231

No Change

HC-N

Validity

FRY9C

20150331

99991231

No Change

HC-N

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

3290

HC-N11C

BHCKK038

HC-N11C must be less than or equal to the sum of bhckk038 le (bhckf176 + bhckf177 + bhck3495 +
HC-N1a1C through HC-N8bC.
bhck5400 + bhckc229 + bhckc230 + bhck3501 +
bhckf182 + bhckf183 + bhckb574 + bhck5379 +
bhck5382 + bhck1583 + bhck1608 + bhckb577 +
bhckk215 + bhckk218 + bhck5391 + bhck5461 +
bhckf168 + bhckf171)

Validity

3310

HC-N11aA

BHCKK039

HC-N

Validity

3320

HC-N11aB

BHCKK040

No Change

HC-N

Validity

3330

HC-N11aC

BHCKK041

99991231

No Change

HC-N

Validity

0231

HC-N12a1aA

BHDMK045

20150331

99991231

No Change

HC-N

Validity

0232

HC-N12a1aB

BHDMK046

FRY9C

20150331

99991231

No Change

HC-N

Validity

0233

HC-N12a1aC

BHDMK047

FRY9C

20150331

99991231

No Change

HC-N

Validity

0234

HC-N12a1bA

BHDMK048

FRY9C

20150331

99991231

No Change

HC-N

Validity

0235

HC-N12a1bB

BHDMK049

FRY9C

20150331

99991231

No Change

HC-N

Validity

0236

HC-N12a1bC

BHDMK050

FRY9C

20150331

99991231

No Change

HC-N

Validity

0237

HC-N12a2A

BHDMK051

FRY9C

20150331

99991231

No Change

HC-N

Validity

0238

HC-N12a2B

BHDMK052

FRY9C

20150331

99991231

No Change

HC-N

Validity

0239

HC-N12a2C

BHDMK053

FRY9C

20150331

99991231

No Change

HC-N

Validity

0240

HC-N12a3aA

BHDMK054

FRY9C

20150331

99991231

No Change

HC-N

Validity

0241

HC-N12a3aB

BHDMK055

FRY9C

20150331

99991231

No Change

HC-N

Validity

0242

HC-N12a3aC

BHDMK056

FRY9C

20150331

99991231

No Change

HC-N

Validity

0243

HC-N12a3b1A

BHDMK057

FRY9C

20150331

99991231

No Change

HC-N

Validity

0244

HC-N12a3b1B

BHDMK058

FRY9C

20150331

99991231

No Change

HC-N

Validity

0245

HC-N12a3b1C

BHDMK059

Sum of HC-N11aA and HC-N11bA must be less
than or equal to HC-N11A.
Sum of HC-N11aB and HC-N11bB must be less
than or equal to HC-N11B.
Sum of HC-N11aC and HC-N11bC must be less
than or equal to HC-N11C.
HC-N12a1aA must be less than or equal to HCN1a1A.
HC-N12a1aB must be less than or equal to HCN1a1B.
HC-N12a1aC must be less than or equal to HCN1a1C.
HC-N12a1bA must be less than or equal to HCN1a2A.
HC-N12a1bB must be less than or equal to HCN1a2B.
HC-N12a1bC must be less than or equal to HCN1a2C.
HC-N12a2A must be less than or equal to HCN1bA.
HC-N12a2B must be less than or equal to HCN1bB.
HC-N12a2C must be less than or equal to HCN1bC.
HC-N12a3aA must be less than or equal to HCN1c1A.
HC-N12a3aB must be less than or equal to HCN1c1B.
HC-N12a3aC must be less than or equal to HCN1c1C.
HC-N12a3b1A must be less than or equal to HCN1c2aA.
HC-N12a3b1B must be less than or equal to HCN1c2aB.
HC-N12a3b1C must be less than or equal to HCN1c2aC.

September 2018

Alg Edit Test

HC-N11B must be less than or equal to the sum of bhckk037 le (bhckf174 + bhckf175 + bhck3494 +
HC-N1a1B through HC-N8bB.
bhck5399 + bhckc237 + bhckc239 + bhck3500 +
bhckf180 + bhckf181 + bhckb573 + bhck5378 +
bhck5381 + bhck1597 + bhck1607 + bhckb576 +
bhckk214 + bhckk217 + bhck5390 + bhck5460 +
bhckf167 + bhckf170)

(bhckk039 + bhckk042) le bhckk036
(bhckk040 + bhckk043) le bhckk037
(bhckk041 + bhckk044) le bhckk038
bhdmk045 le bhckf172
bhdmk046 le bhckf174
bhdmk047 le bhckf176
bhdmk048 le bhckf173
bhdmk049 le bhckf175
bhdmk050 le bhckf177
bhdmk051 le bhck3493
bhdmk052 le bhck3494
bhdmk053 le bhck3495
bhdmk054 le bhck5398
bhdmk055 le bhck5399
bhdmk056 le bhck5400
bhdmk057 le bhckc236
bhdmk058 le bhckc237
bhdmk059 le bhckc229

FR Y-9C: CHK-20 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-N

Validity

0246

HC-N12a3b2A

MDRM
Number
BHDMK060

FRY9C

20150331

99991231

No Change

HC-N

Validity

0247

HC-N12a3b2B

BHDMK061

FRY9C

20150331

99991231

No Change

HC-N

Validity

0248

HC-N12a3b2C

BHDMK062

FRY9C

20150331

99991231

No Change

HC-N

Validity

0249

HC-N12a4A

BHDMK063

FRY9C

20150331

99991231

No Change

HC-N

Validity

0250

HC-N12a4B

BHDMK064

FRY9C

20150331

99991231

No Change

HC-N

Validity

0251

HC-N12a4C

BHDMK065

FRY9C

20150331

99991231

No Change

HC-N

Validity

0252

HC-N12a5aA

BHDMK066

FRY9C

20150331

99991231

No Change

HC-N

Validity

0253

HC-N12a5aB

BHDMK067

FRY9C

20150331

99991231

No Change

HC-N

Validity

0254

HC-N12a5aC

BHDMK068

FRY9C

20150331

99991231

No Change

HC-N

Validity

0255

HC-N12a5bA

BHDMK069

FRY9C

20150331

99991231

No Change

HC-N

Validity

0256

HC-N12a5bB

BHDMK070

FRY9C

20150331

99991231

No Change

HC-N

Validity

0257

HC-N12a5bC

BHDMK071

FRY9C

20180331

99991231

No Change

HC-N

Validity

0273

HC-N12eA

BHCKK087

FRY9C

20180331

99991231

No Change

HC-N

Validity

0274

HC-N12eB

FRY9C

20180331

99991231

No Change

HC-N

Validity

0275

FRY9C

20180331

99991231

No Change

HC-N

Validity

FRY9C

20180331

99991231

No Change

HC-N

FRY9C

20180331

99991231

No Change

HC-N

September 2018

Edit Test

Alg Edit Test

HC-N12a3b2A must be less than or equal to HCN1c2bA.
HC-N12a3b2B must be less than or equal to HCN1c2bB.
HC-N12a3b2C must be less than or equal to HCN1c2bC.
HC-N12a4A must be less than or equal to HCN1dA.
HC-N12a4B must be less than or equal to HCN1dB.
HC-N12a4C must be less than or equal to HCN1dC.
HC-N12a5aA must be less than or equal to HCN1e1A.
HC-N12a5aB must be less than or equal to HCN1e1B.
HC-N12a5aC must be less than or equal to HCN1e1C.
HC-N12a5bA must be less than or equal to HCN1e2A.
HC-N12a5bB must be less than or equal to HCN1e2B.
HC-N12a5bC must be less than or equal to HCN1e2C.
HC-N12eA must be less than or equal to the sum
of HC-N1fA through HC-N8bA.

bhdmk060 le bhckc238

BHCKK088

HC-N12eB must be less than or equal to the sum
of HC-N1fB through HC-N8bB.

bhckk088 le (bhckb573 + bhck5378 + bhck5381 +
bhck1597 + bhck1607 + bhckb576 + bhckk214 +
bhckk217 + bhck5390 + bhck5460 + bhckf167 +
bhckf170)

HC-N12eC

BHCKK089

HC-N12eC must be less than or equal to the sum
of HC-N1fC through HC-N8bC.

bhckk089 le (bhckb574 + bhck5379 + bhck5382 +
bhck1583 + bhck1608 + bhckb577 + bhckk215 +
bhckk218 + bhck5391 + bhck5461 + bhckf168 +
bhckf171)

0276

HC-N12fA

BHCKK102

HC-N12fA must be less than or equal to the sum of bhckk102 le (bhdmk045 + bhdmk048 + bhdmk051
HC-N12a1aA through HC-N12eA.
+ bhdmk054 + bhdmk057 + bhdmk060 +
bhdmk063 + bhdmk066 + bhdmk069 + bhckk087)

Validity

0277

HC-N12fB

BHCKK103

HC-N12fB must be less than or equal to the sum of bhckk103 le (bhdmk046 + bhdmk049 + bhdmk052
HC-N12a1aB through HC-N12eB.
+ bhdmk055 + bhdmk058 + bhdmk061 +
bhdmk064 + bhdmk067 + bhdmk070 + bhckk088)

Validity

0278

HC-N12fC

BHCKK104

HC-N12fC must be less than or equal to the sum of bhckk104 le (bhdmk047 + bhdmk050 + bhdmk053
HC-N12a1aC through HC-N12eC.
+ bhdmk056 + bhdmk059 + bhdmk062 +
bhdmk065 + bhdmk068 + bhdmk071 + bhckk089)

bhdmk061 le bhckc239
bhdmk062 le bhckc230
bhdmk063 le bhck3499
bhdmk064 le bhck3500
bhdmk065 le bhck3501
bhdmk066 le bhckf178
bhdmk067 le bhckf180
bhdmk068 le bhckf182
bhdmk069 le bhckf179
bhdmk070 le bhckf181
bhdmk071 le bhckf183
bhckk087 le (bhckb572 + bhck5377 + bhck5380 +
bhck1594 + bhck1606 + bhckb575 + bhckk213 +
bhckk216 + bhck5389 + bhck5459 + bhckf166 +
bhckf169)

FR Y-9C: CHK-21 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-N

Validity

0279

HC-NM1a1A

MDRM
Number
BHDMK105

FRY9C

20150331

99991231

No Change

HC-N

Validity

0280

HC-NM1a1B

BHDMK106

FRY9C

20150331

99991231

No Change

HC-N

Validity

0281

HC-NM1a1C

BHDMK107

FRY9C

20150331

99991231

No Change

HC-N

Validity

0282

HC-NM1a2A

BHDMK108

FRY9C

20150331

99991231

No Change

HC-N

Validity

0283

HC-NM1a2B

BHDMK109

FRY9C

20150331

99991231

No Change

HC-N

Validity

0284

HC-NM1a2C

BHDMK110

FRY9C

20150331

99991231

No Change

HC-N

Validity

0285

HC-NM1bA

BHCKF661

FRY9C

20150331

99991231

No Change

HC-N

Validity

0286

HC-NM1bB

BHCKF662

HC-NM1bB must be less than or equal to the sum bhckf662 le (bhck5399 + bhckc237 + bhckc239)
of HC-N1c1B, HC-N1c2aB, and HC-N1c2bB.

FRY9C

20150331

99991231

No Change

HC-N

Validity

0287

HC-NM1bC

BHCKF663

HC-NM1bC must be less than or equal to the sum bhckf663 le (bhck5400 + bhckc229 + bhckc230)
of HC-N1c1C, HC-N1c2aC, and HC-N1c2bC.

FRY9C

20150331

99991231

No Change

HC-N

Validity

0288

HC-NM1cA

BHDMK111

FRY9C

20150331

99991231

No Change

HC-N

Validity

0289

HC-NM1cB

BHDMK112

FRY9C

20150331

99991231

No Change

HC-N

Validity

0290

HC-NM1cC

BHDMK113

FRY9C

20150331

99991231

No Change

HC-N

Validity

0291

HC-NM1d1A

BHDMK114

FRY9C

20150331

99991231

No Change

HC-N

Validity

0292

HC-NM1d1B

BHDMK115

FRY9C

20150331

99991231

No Change

HC-N

Validity

0293

HC-NM1d1C

BHDMK116

FRY9C

20150331

99991231

No Change

HC-N

Validity

0294

HC-NM1d2A

BHDMK117

FRY9C

20150331

99991231

No Change

HC-N

Validity

0295

HC-NM1d2B

BHDMK118

FRY9C

20150331

99991231

No Change

HC-N

Validity

0296

HC-NM1d2C

BHDMK119

FRY9C

20150331

99991231

No Change

HC-N

Validity

0297

HC-NM1e2A

BHCKK123

FRY9C

20150331

99991231

No Change

HC-N

Validity

0298

HC-NM1e2B

BHCKK124

FRY9C

20150331

99991231

No Change

HC-N

Validity

0299

HC-NM1e2C

BHCKK125

FRY9C

20150331

99991231

No Change

HC-N

Validity

0300

HC-NM1fA

BHCKK126

HC-NM1cA must be less than or equal to HCN1dA.
HC-NM1cB must be less than or equal to HCN1dB.
HC-NM1cC must be less than or equal to HCN1dC.
HC-NM1d1A must be less than or equal to HCN1e1A.
HC-NM1d1B must be less than or equal to HCN1e1B.
HC-NM1d1C must be less than or equal to HCN1e1C.
HC-NM1d2A must be less than or equal to HCN1e2A.
HC-NM1d2B must be less than or equal to HCN1e2B.
HC-NM1d2C must be less than or equal to HCN1e2C.
Sum of HC-NM1e1A and HC-NM1e2A must be less
than or equal to HC-N4A.
Sum of HC-NM1e1B and HC-NM1e2B must be less
than or equal to HC-N4B.
Sum of HC-NM1e1C and HC-NM1e2C must be less
than or equal to HC-N4C.
HC-NM1fA must be less than or equal to the sum
of HC-N1bA, HC-N1fA, HC-N2aA, HC-N2bA, HCN3A, HC-N5aA, HC-N5bA, HC-N5cA, HC-N6A, and
HC-N7A.

September 2018

Edit Test

Alg Edit Test

HC-NM1a1A must be less than or equal to HCN1a1A.
HC-NM1a1B must be less than or equal to HCN1a1B.
HC-NM1a1C must be less than or equal to HCN1a1C.
HC-NM1a2A must be less than or equal to HCN1a2A.
HC-NM1a2B must be less than or equal to HCN1a2B.
HC-NM1a2C must be less than or equal to HCN1a2C.
HC-NM1bA must be less than or equal to the sum
of HC-N1c1A, HC-N1c2aA, and HC-N1c2bA.

bhdmk105 le bhckf172
bhdmk106 le bhckf174
bhdmk107 le bhckf176
bhdmk108 le bhckf173
bhdmk109 le bhckf175
bhdmk110 le bhckf177
bhckf661 le (bhck5398 + bhckc236 + bhckc238)

bhdmk111 le bhck3499
bhdmk112 le bhck3500
bhdmk113 le bhck3501
bhdmk114 le bhckf178
bhdmk115 le bhckf180
bhdmk116 le bhckf182
bhdmk117 le bhckf179
bhdmk118 le bhckf181
bhdmk119 le bhckf183
(bhckk120 + bhckk123) le bhck1606
(bhckk121 + bhckk124) le bhck1607
(bhckk122 + bhckk125) le bhck1608
bhckk126 le (bhck3493 + bhckb572 + bhck5377 +
bhck5380 + bhck1594 + bhckb575 + bhckk213 +
bhckk216 + bhck5389 + bhck5459)

FR Y-9C: CHK-22 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-N

Validity

0301

HC-NM1fB

MDRM
Number
BHCKK127

Edit Test

Alg Edit Test
bhckk127 le (bhck3494 + bhckb573 + bhck5378 +
bhck5381 + bhck1597 + bhckb576 + bhckk214 +
bhckk217 + bhck5390 + bhck5460)

BHCKK138

HC-NM1fB must be less than or equal to the sum
of HC-N1bB, HC-N1fB, HC-N2aB, HC-N2bB, HCN3B, HC-N5aB, HC-N5bB, HC-N5cB, HC-N6B, HCN7B.
HC-NM1fC must be less than or equal to the sum
of HC-N1bC, HC-N1fC, HC-N2aC, HC-N2bC, HCN3C, HC-N5aC, HC-N5bC, HC-N5cC, HC-N6C, HCN7C.
HC-NM1f1A must be less than or equal to HCN1bA.
HC-NM1f1B must be less than or equal to HCN1bB.
HC-NM1f1C must be less than or equal to HCN1bC.
HC-NM1f2A must be less than or equal to HC-N3A.

FRY9C

20150331

99991231

No Change

HC-N

Validity

0302

HC-NM1fC

BHCKK128

FRY9C

20150331

99991231

No Change

HC-N

Validity

0388

HC-NM1f1A

BHDMK130

FRY9C

20150331

99991231

No Change

HC-N

Validity

0389

HC-NM1f1B

BHDMK131

FRY9C

20150331

99991231

No Change

HC-N

Validity

0390

HC-NM1f1C

BHDMK132

FRY9C

20160930

99991231

No Change

HC-N

Validity

0394

HC-NM1f2A

FRY9C

20160930

99991231

No Change

HC-N

Validity

0395

HC-NM1f2B

BHCKK139

HC-NM1f2B must be less than or equal to HC-N3B. bhckk139 le bhck1597

FRY9C

20160930

99991231

No Change

HC-N

Validity

0396

HC-NM1f2C

BHCKK140

HC-NM1f2C must be less than or equal to HC-N3C. bhckk140 le bhck1583

FRY9C

20160930

99991231

No Change

HC-N

Validity

0397

HC-NM1f3aA

BHCKK274

HC-N

Validity

0398

HC-NM1f3aB

BHCKK275

No Change

HC-N

Validity

0399

HC-NM1f3aC

BHCKK276

99991231

No Change

HC-N

Validity

0400

HC-NM1f3bA

BHCKK277

20160930

99991231

No Change

HC-N

Validity

0401

HC-NM1f3bB

BHCKK278

FRY9C

20160930

99991231

No Change

HC-N

Validity

0402

HC-NM1f3bC

BHCKK279

FRY9C

20160930

99991231

No Change

HC-N

Validity

0403

HC-NM1f3cA

BHCKK280

FRY9C

20160930

99991231

No Change

HC-N

Validity

0404

HC-NM1f3cB

BHCKK281

FRY9C

20160930

99991231

No Change

HC-N

Validity

0405

HC-NM1f3cC

BHCKK282

FRY9C

20160930

99991231

No Change

HC-N

Validity

0385

HC-NM1f3cA

BHCKK280

FRY9C

20160930

99991231

No Change

HC-N

Validity

0386

HC-NM1f3cB

BHCKK281

FRY9C

20160930

99991231

No Change

HC-N

Validity

0387

HC-NM1f3cC

BHCKK282

HC-NM1f3aA must be less than or equal to HCN5aA.
HC-NM1f3aB must be less than or equal to HCN5aB.
HC-NM1f3aC must be less than or equal to HCN5aC.
HC-NM1f3bA must be less than or equal to HCN5bA.
HC-NM1f3bB must be less than or equal to HCN5bB.
HC-NM1f3bC must be less than or equal to HCN5bC.
HC-NM1f3cA must be less than or equal to HCN5cA.
HC-NM1f3cB must be less than or equal to HCN5cB.
HC-NM1f3cC must be less than or equal to HCN5cC.
Sum of HC-NM1f1A through HC-NM1f3cA must be
less than or equal to HC-NM1fA.
Sum of HC-NM1f1B through HC-NM1f3cB must be
less than or equal to HC-NM1fB.
Sum of HC-NM1f1C through HC-NM1f3cC must be
less than or equal to HC-NM1fC.

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

September 2018

bhckk128 le (bhck3495 + bhckb574 + bhck5379 +
bhck5382 + bhck1583 + bhckb577 + bhckk215 +
bhckk218 + bhck5391 + bhck5461)
bhdmk130 le bhck3493
bhdmk131 le bhck3494
bhdmk132 le bhck3495
bhckk138 le bhck1594

bhckk274 le bhckb575
bhckk275 le bhckb576
bhckk276 le bhckb577
bhckk277 le bhckk213
bhckk278 le bhckk214
bhckk279 le bhckk215
bhckk280 le bhckk216
bhckk281 le bhckk217
bhckk282 le bhckk218
(bhdmk130 + bhckk138 + bhckk274 + bhckk277 +
bhckk280) le bhckk126
(bhdmk131 + bhckk139 + bhckk275 + bhckk278 +
bhckk281) le bhckk127
(bhdmk132 + bhckk140 + bhckk276 + bhckk279 +
bhckk282) le bhckk128

FR Y-9C: CHK-23 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180331

Edit Test

HC-NM1gA

MDRM
Number
BHCKHK26

No Change

HC-N

Validity

1031

FRY9C

20180331

99991231

No Change

HC-N

Validity

FRY9C

20180331

99991231

No Change

HC-N

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

1033

HC-NM1gB

BHCKHK27

HC-NM1gB must be less than or equal to the sum bhckhk27 le (bhckf174 + bhckf175 + bhck3494 +
of HC-N1a1B through HC-N7B minus HC-NM1f1B bhck5399 + bhckc237 + bhckc239 + bhck3500 +
through HC-NM1f3cB.
bhckf180 + bhckf181 + bhckb573 + bhck5378 +
bhck5381 + bhck1597 + bhck1607 + bhckb576 +
bhckk214 + bhckk217 + bhck5390 + bhck5460) (bhdmk131 + bhckk139 + bhckk275 + bhckk278 +
bhckk281)

Validity

1035

HC-NM1gC

BHCKHK28

HC-NM1gC must be less than or equal to the sum bhckhk28 le (bhckf176 + bhckf177 + bhck3495 +
of HC-N1a1C through HC-N7C minus HC-NM1f1C bhck5400 + bhckc229 + bhckc230 + bhck3501 +
through HC-NM1f3cC.
bhckf182 + bhckf183 + bhckb574 + bhck5379 +
bhck5382 + bhck1583 + bhck1608 + bhckb577 +
bhckk215 + bhckk218 + bhck5391 + bhck5461) (bhdmk132 + bhckk140 + bhckk276 + bhckk279 +
bhckk282)

HC-N

Validity

3400

HC-NM2A

BHCK6558

No Change

HC-N

Validity

3410

HC-NM2B

BHCK6559

99991231

No Change

HC-N

Validity

3420

HC-NM2C

BHCK6560

20150331

99991231

No Change

HC-N

Validity

3430

HC-NM2C

BHCK6560

FRY9C

20150331

99991231

No Change

HC-N

Validity

3445

HC-NM3A

BHCK3508

HC-NM2A must be less than or equal to the sum
of HC-N4A and HC-N7A.
HC-NM2B must be less than or equal to the sum
of HC-N4B and HC-N7B.
HC-NM2C must be less than or equal to the sum
of HC-N4C and HC-N7C.
Sum of HC-NM2A through HC-NM2C must be less
than or equal to HC-CM2.
HC-NM3A must be less than or equal to the sum
of HC-N1a1A through HC-N1fA, HC-N2bA, and HCN4A through HC-N8bA.

FRY9C

20150331

99991231

No Change

HC-N

Validity

3455

HC-NM3B

BHCK1912

September 2018

Alg Edit Test

HC-NM1gA must be less than or equal to the sum bhckhk26 le (bhckf172 + bhckf173 + bhck3493 +
of HC-N1a1A through HC-N7A minus the sum of
bhck5398 + bhckc236 + bhckc238 + bhck3499 +
HC-NM1f1A through HC-N1f3cA.
bhckf178 + bhckf179 + bhckb572 + bhck5377 +
bhck5380 + bhck1594 + bhck1606 + bhckb575 +
bhckk213 + bhckk216 + bhck5389 + bhck5459) (bhdmk130 + bhckk138 + bhckk274 + bhckk277 +
bhckk280)

bhck6558 le (bhck1606 + bhck5459)
bhck6559 le (bhck1607 + bhck5460)
bhck6560 le (bhck1608 + bhck5461)
(bhck6558 + bhck6559 + bhck6560) le bhck2746
bhck3508 le (bhckf172 + bhckf173 + bhck3493 +
bhck5398 + bhckc236 + bhckc238 + bhck3499 +
bhckf178 + bhckf179 + bhckb572 + bhck5380 +
bhck1606 + bhckb575 + bhckk213 + bhckk216 +
bhck5389 + bhck5459 + bhckf166 + bhckf169)

HC-NM3B must be less than or equal to the sum bhck1912 le (bhckf174 + bhckf175 + bhck3494 +
of HC-N1a1B through HC-N1fB, HC-N2bB, and HC- bhck5399 + bhckc237 + bhckc239 + bhck3500 +
N4B through HC-N8bB.
bhckf180 + bhckf181 + bhckb573 + bhck5381 +
bhck1607 + bhckb576 + bhckk214 + bhckk217 +
bhck5390 + bhck5460 + bhckf167 + bhckf170)

FR Y-9C: CHK-24 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

Edit Test

HC-NM3C

MDRM
Number
BHCK1913

No Change

HC-N

Validity

3460

FRY9C

20180630

99991231

No Change

HC-N

Validity

FRY9C

20180630

99991231

No Change

HC-N

FRY9C

20180630

99991231

No Change

FRY9C

20180331

99991231

FRY9C

20180930

FRY9C

3465

HC-NM5A

BHCKC240

HC-NM5A must be less than or equal to the sum
of HC-N1a1A through HC-N8bA.

bhckc240 le (bhckf172 + bhckf173 + bhck3493 +
bhck5398 + bhckc236 + bhckc238 + bhck3499 +
bhckf178 + bhckf179 + bhckb572 + bhck5377 +
bhck5380 + bhck1594 + bhck1606 + bhckb575 +
bhckk213 + bhckk216 + bhck5389 + bhck5459 +
bhckf166 + bhckf169)

Validity

3470

HC-NM5B

BHCKC241

HC-NM5B must be less than or equal to the sum
of HC-N1a1B through HC-N8bB.

bhckc241 le (bhckf174 + bhckf175 + bhck3494 +
bhck5399 + bhckc237 + bhckc239 + bhck3500 +
bhckf180 + bhckf181 + bhckb573 + bhck5378 +
bhck5381 + bhck1597 + bhck1607 + bhckb576 +
bhckk214 + bhckk217 + bhck5390 + bhck5460 +
bhckf167 + bhckf170)

HC-N

Validity

3475

HC-NM5C

BHCKC226

HC-NM5C must be less than or equal to the sum
of HC-N1a1C through HC-N8bC.

bhckc226 le (bhckf176 + bhckf177 + bhck3495 +
bhck5400 + bhckc229 + bhckc230 + bhck3501 +
bhckf182 + bhckf183 + bhckb574 + bhck5379 +
bhck5382 + bhck1583 + bhck1608 + bhckb577 +
bhckk215 + bhckk218 + bhck5391 + bhck5461 +
bhckf168 + bhckf171)

No Change

HC-Q

Validity

0142

HC-Q1A

BHCYJA36

99991231

Revised

HC-Q

Validity

0219

HC-Q1A

BHCYJA36

Sum of HC-Q1C, HC-Q1D, and HC-Q1E less HC-Q1B
must be equal to HC-Q1A.
If HC-Q1A is not null, then HC-Q1A must equal HC2b or the sum of HC-2b and HC-2c.

((bhckg475 + bhckg476 + bhckg477) - bhckg474)
eq bhcyja36
if bhcyja36 ne null then bhcyja36 eq bhck1773 or
bhcyja36 eq bhck1773 + bhckja22

20160930

99991231

No Change

HC-Q

Validity

0143

HC-Q2A

BHCKG478

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0182

HC-Q3A

BHCKG483

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0183

HC-Q4A

BHCKG488

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0147

HC-Q5aA

BHCT3543

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0215

HC-Q5aA

BHCT3543

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
((bhckg480 + bhckg481 + bhckg482) - bhckg479)
eq bhckg478
((bhckg485 + bhckg486 + bhckg487) - bhckg484)
eq bhckg483
((bhckg490 + bhckg491 + bhckg492) - bhckg489)
eq bhckg488
((bhckg494 + bhckg495 + bhckg496) - bhckg493)
eq bhct3543
if bhct3545 ne null then bhct3543 eq bhcm3543

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0184

HC-Q5bA

BHCKG497

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0144

HC-Q5b1A

BHCKF240

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0145

HC-Q6A

BHCKG391

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q2C, HC-Q2D, and HC-Q2E less HC-Q2B
must be equal to HC-Q2A.
Sum of HC-Q3C, HC-Q3D, and HC-Q3E less HC-Q3B
must be equal to HC-Q3A.
Sum of HC-Q4C, HC-Q4D, and HC-Q4E less HC-Q4B
must be equal to HC-Q4A.
Sum of HC-Q5aC, HC-Q5aD, and HC-Q5aE less HCQ5aB must be equal to HC-Q5aA.
If HC-D12A is not null, then HC-Q5aA must equal
HC-D11A.
Sum of HC-Q5bC, HC-Q5bD, and HC-Q5bE less HCQ5bB must be equal to HC-Q5bA.
Sum of HC-Q5b1C, HC-Q5b1D, and HC-Q5b1E less
HC-Q5b1B must be equal to HC-Q5b1A.
Sum of HC-Q6C, HC-Q6D, and HC-Q6E less HC-Q6B
must be equal to HC-Q6A.

September 2018

Alg Edit Test

HC-NM3C must be less than or equal to the sum bhck1913 le (bhckf176 + bhckf177 + bhck3495 +
of HC-N1a1C through HC-N1fC, HC-N2bC, and HC- bhck5400 + bhckc229 + bhckc230 + bhck3501 +
N4C through HC-N8bC.
bhckf182 + bhckf183 + bhckb574 + bhck5382 +
bhck1608 + bhckb577 + bhckk215 + bhckk218 +
bhck5391 + bhck5461 + bhckf168 + bhckf171)

((bhckg499 + bhckg500 + bhckg501) - bhckg498)
eq bhckg497
((bhckf692 + bhckf241 + bhckf242) - bhckf684) eq
bhckf240
((bhckg395 + bhckg396 + bhckg804) - bhckg392)
eq bhckg391

FR Y-9C: CHK-25 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20150331

No Change

HC-Q

Validity

0185

HC-Q7A

MDRM
Number
BHCKG502

FRY9C

20180331

99991231

No Change

HC-Q

Validity

0203

HC-Q7A

BHCKG502

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0204

HC-Q7B

BHCKG503

Sum of HC-Q1B, HC-Q2B, HC-Q3B, HC-Q4B, HC(bhckg474 + bhckg479 + bhckg484 + bhckg489 +
Q5aB, HC-Q5bB and HC-Q6B must equal HC-Q7B. bhckg493 + bhckg498 + bhckg392) eq bhckg503

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0205

HC-Q7C

BHCKG504

Sum of HC-Q1C, HC-Q2C, HC-Q3C, HC-Q4C, HC(bhckg475 + bhckg480 + bhckg485 + bhckg490 +
Q5aC, HC-Q5bC and HC-Q6C must equal HC-Q7C. bhckg494 + bhckg499 + bhckg395) eq bhckg504

FRY9C

20160930

99991231

No Change

HC-Q

Validity

0206

HC-Q7D

BHCKG505

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs, For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q1D, HC-Q2D, HC-Q3D, HC-Q4D, HC- (bhckg476 + bhckg481 + bhckg486 + bhckg491 +
Q5aD, HC-Q5bD and HC-Q6D must equal HC-Q7D. bhckg495 + bhckg500 + bhckg396) eq bhckg505

FRY9C

20160930

99991231

No Change

HC-Q

Validity

0207

HC-Q7E

BHCKG506

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs, For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q1E, HC-Q2E, HC-Q3E, HC-Q4E, HC(bhckg477 + bhckg482 + bhckg487 + bhckg492 +
Q5aE, HC-Q5bE and HC-Q6E must equal HC-Q7E. bhckg496 + bhckg501 + bhckg804) eq bhckg506

FRY9C

20160930

99991231

No Change

HC-Q

Validity

0146

HC-Q8A

BHCKF252

FRY9C

20160930

99991231

No Change

HC-Q

Validity

0186

HC-Q9A

BHCKG507

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0187

HC-Q10aA

BHCT3547

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0216

HC-Q10aA

BHCT3547

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0188

HC-Q10bA

BHCKG516

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0189

HC-Q11A

BHCKG521

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0190

HC-Q12A

BHCKG526

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0148

HC-Q13A

BHCKG805

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0191

HC-Q14A

BHCKG531

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0208

HC-Q14A

BHCKG531

FRY9C

20160930

99991231

No Change

HC-Q

Validity

0209

HC-Q14B

BHCKG532

FRY9C

20160930

99991231

No Change

HC-Q

Validity

0210

HC-Q14C

BHCKG533

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q8C, HC-Q8D, and HC-Q8E less HC-Q8B
must be equal to HC-Q8A.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q9C, HC-Q9D, and HC-Q9E less HC-Q9B
must be equal to HC-Q9A.
Sum of HC-Q10aC, HC-Q10aD, and HC-Q10aE less
HC-Q10aB must be equal to HC-Q10aA.
If HC-D15A is not null, then HC-Q10aA must equal
HC-D14A.
Sum of HC-Q10bC, HC-Q10bD, and HC-Q10bE less
HC-Q10bB must be equal to HC-Q10bA.
Sum of HC-Q11C, HC-Q11D, and HC-Q11E less HCQ11B must be equal to HC-Q11A.
Sum of HC-Q12C, HC-Q12D, and HC-Q12E less HCQ12B must be equal to HC-Q12A.
Sum of HC-Q13C, HC-Q13D, and HC-Q13E less HCQ13B must be equal to HC-Q13A.
Sum of HC-Q14C, HC-Q14D, and HC-Q14E less HCQ14B must be equal to HC-Q14A.
Sum of HC-Q8A, HC-Q9A, HC-Q10aA, HC-Q10bA,
HC-Q11A, HC-Q12A and HC-Q13A must equal HCQ14A.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q8B, HC-Q9B, HC-Q10aB, HC-Q10bB,
HC-Q11B, HC-Q12B and HC-Q13B must equal HCQ14B.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q8C, HC-Q9C, HC-Q10aC, HC-Q10bC,
HC-Q11C, HC-Q12C and HC-Q13C must equal HCQ14C.

September 2018

Edit Test

Alg Edit Test

Sum of HC-Q7C, HC-Q7D, and HC-Q7E less HC-Q7B
must be equal to HC-Q7A.
Sum of HC-Q1A, HC-Q2A, HC-Q3A, HC-Q4A, HCQ5aA, HC-Q5bA and HC-Q6A must equal HC-Q7A.

((bhckg504 + bhckg505 + bhckg506) - bhckg503)
eq bhckg502
(bhcyja36 + bhckg478 + bhckg483 + bhckg488 +
bhct3543 + bhckg497 + bhckg391) eq bhckg502

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
((bhckf694 + bhckf253 + bhckf254) - bhckf686) eq
bhckf252
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
((bhckg509 + bhckg510 + bhckg511) - bhckg508)
eq bhckg507
((bhckg513 + bhckg514 + bhckg515) - bhckg512)
eq bhct3547
if bhct3548 ne null then bhct3547 eq bhck3547
((bhckg518 + bhckg519 + bhckg520) - bhckg517)
eq bhckg516
((bhckg523 + bhckg524 + bhckg525) - bhckg522)
eq bhckg521
((bhckg528 + bhckg529 + bhckg530) - bhckg527)
eq bhckg526
((bhckg807 + bhckg808 + bhckg809) - bhckg806)
eq bhckg805
((bhckg533 + bhckg534 + bhckg535) - bhckg532)
eq bhckg531
(bhckf252 + bhckg507 + bhct3547 + bhckg516 +
bhckg521 + bhckg526 + bhckg805) eq bhckg531
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
(bhckf686 + bhckg508 + bhckg512 + bhckg517 +
bhckg522 + bhckg527 + bhckg806) eq bhckg532
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
(bhckf694 + bhckg509 + bhckg513 + bhckg518 +
bhckg523 + bhckg528 + bhckg807) eq bhckg533

FR Y-9C: CHK-26 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-Q

Validity

0211

HC-Q14D

MDRM
Number
BHCKG534

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q8D, HC-Q9D, HC-Q10aD, HC-Q10bD,
HC-Q11D, HC-Q12D and HC-Q13D must equal HCQ14D.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
Sum of HC-Q8E, HC-Q9E, HC-Q10aE, HC-Q10bE,
HC-Q11E, HC-Q12E and HC-Q13E must equal HCQ14E.
Sum of HC-QM1aC, HC-QM1aD, and HC-QM1aE
less HC-QM1aB must be equal to HC-QM1aA.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
(bhckf253 + bhckg510 + bhckg514 + bhckg519 +
bhckg524 + bhckg529 + bhckg808) eq bhckg534

FRY9C

20160930

99991231

No Change

HC-Q

Validity

0212

HC-Q14E

BHCKG535

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0192

HC-QM1aA

BHCKG536

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0193

HC-QM1bA

BHCKG541

Sum of HC-QM1bC, HC-QM1bD, and HC-QM1bE
less HC-QM1bB must be equal to HC-QM1bA.

((bhckg543 + bhckg544 + bhckg545) - bhckg542)
eq bhckg541

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0194

HC-QM1cA

BHCKG546

Sum of HC-QM1cC, HC-QM1cD, and HC-QM1cE
less HC-QM1cB must be equal to HC-QM1cA.

((bhckg548 + bhckg549 + bhckg550) - bhckg547)
eq bhckg546

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0195

HC-QM1dA

BHCKG551

Sum of HC-QM1dC, HC-QM1dD, and HC-QM1dE
less HC-QM1dB must be equal to HC-QM1dA.

((bhckg553 + bhckg554 + bhckg555) - bhckg552)
eq bhckg551

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0196

HC-QM1eA

BHCKG556

Sum of HC-QM1eC, HC-QM1eD, and HC-QM1eE
less HC-QM1eB must be equal to HC-QM1eA.

((bhckg558 + bhckg559 + bhckg560) - bhckg557)
eq bhckg556

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0197

HC-QM1fA

BHCKG561

No Change

HC-Q

Validity

0149

HC-QM2aA

BHCKF261

Sum of HC-QM1fC, HC-QM1fD, and HC-QM1fE less
HC-QM1fB must be equal to HC-QM1fA.
Sum of HC-QM2aC, HC-QM2aD, and HC-QM2aE
less HC-QM2aB must be equal to HC-QM2aA.

((bhckg563 + bhckg564 + bhckg565) - bhckg562)
eq bhckg561
((bhckf697 + bhckf262 + bhckf263) - bhckf689) eq
bhckf261

FRY9C

20150331

99991231

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0198

HC-QM2bA

BHCKG566

Sum of HC-QM2bC, HC-QM2bD, and HC-QM2bE
less HC-QM2bB must be equal to HC-QM2bA.

((bhckg568 + bhckg569 + bhckg570) - bhckg567)
eq bhckg566

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0199

HC-QM2cA

BHCKG571

Sum of HC-QM2cC, HC-QM2cD, and HC-QM2cE
less HC-QM2cB must be equal to HC-QM2cA.

((bhckg573 + bhckg574 + bhckg575) - bhckg572)
eq bhckg571

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0200

HC-QM2dA

BHCKG576

Sum of HC-QM2dC, HC-QM2dD, and HC-QM2dE
less HC-QM2dB must be equal to HC-QM2dA.

((bhckg578 + bhckg579 + bhckg580) - bhckg577)
eq bhckg576

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0201

HC-QM2eA

BHCKG581

Sum of HC-QM2eC, HC-QM2eD, and HC-QM2eE
less HC-QM2eB must be equal to HC-QM2eA.

((bhckg583 + bhckg584 + bhckg585) - bhckg582)
eq bhckg581

FRY9C

20150331

99991231

No Change

HC-Q

Validity

0202

HC-QM2fA

BHCKG586

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5100

HC-R(I)2

BHCT3247

Sum of HC-QM2fC, HC-QM2fD, and HC-QM2fE less
HC-QM2fB must be equal to HC-QM2fA.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-26a must equal HC-R(I)2

((bhckg588 + bhckg589 + bhckg590) - bhckg587)
eq bhckg586
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhck3247 eq bhct3247

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5110

HC-R(I)3a

BHCAP838

For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based capital
rule only, HC-R(I)3a must equal zero and must
not be null.

For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based capital
rule only, only bhcap838 eq 0 and bhcap838 ne
null

September 2018

For BHCs, SHCs, IHCs, Non-BHC IHCs and all SLHCs,
(bhckf254 + bhckg511 + bhckg515 + bhckg520 +
bhckg525 + bhckg530 + bhckg809) eq bhckg535
((bhckg538 + bhckg539 + bhckg540) - bhckg537)
eq bhckg536

FR Y-9C: CHK-27 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-R(I)

Validity

5115

HC-R(I)3a

MDRM
Number
BHCAP838

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5120

HC-R(I)5

BHCAP840

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5130

HC-R(I)9e

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5132

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

FRY9C

20160930

99991231

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

20160930

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)3a must equal zero or 1
and must not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(I)1, HC-R(I)2, HCR(I)3, and HC-R(I)4 must equal HC-R(I)5.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap838 eq 0 or bhcap838 eq 1
and bhcap838 ne null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap742 + bhct3247 +
bhcab530 + bhcap839) eq bhcap840

BHCAP848

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)3a is equal 0, then HCR(I)9a through HC-R(I)9e must be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 0 then bhcap844
eq null and bhcap845 eq null and bhcap846 eq
null and bhcap847 eq null and bhcap848 eq null

HC-R(I)9f

BHCAP849

5135

HC-R(I)9f

BHCAP849

Validity

5150

HC-R(I)12

BHCAP852

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)3a is equal 0, then HCR(I)9f must not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)3a is equal 1, then HCR(I)9f must be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)5 minus the sum of HCR(I)6 through HC-R(I)11 must equal HC-R(I)12.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 0 then bhcap849
ne null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 1 then bhcap849
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap840 - (bhcap841 +
bhcap842 + bhcap843 + bhcap844 + bhcap845 +
bhcap846 + bhcap847 + bhcap848 + bhcap849 +
bhcaq258 + bhcap850 + bhcap851) eq bhcap852

HC-R(I)

Validity

5160

HC-R(I)18

BHCAP858

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(I)13 through HCR(I)17 must equal HC-R(I)18.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap853 + bhcap854 +
bhcap855 + bhcap856 + bhcap857) eq bhcap858

No Change

HC-R(I)

Validity

5170

HC-R(I)19

BHCAP859

99991231

No Change

HC-R(I)

Validity

5180

HC-R(I)23

BHCAP863

99991231

No Change

HC-R(I)

Validity

5190

HC-R(I)25

BHCAP865

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)12 minus HC-R(I)18 must
equal HC-R(I)19.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(I)20 through HCR(I)22 must equal HC-R(I)23.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)23 minus HC-R(I)24 is
greater than zero, then HC-R(I)25 must equal HCR(I)23 minus HC-R(I)24.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap852 - bhcap858) eq
bhcap859
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap860 + bhcap861 +
bhcap862) eq bhcap863
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhcap863 - bhcap864) gt 0
then bhcap865 eq (bhcap863 - bhcap864)

FR Y-9C: CHK-28 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

Edit Test

Alg Edit Test

HC-R(I)25

MDRM
Number
BHCAP865

No Change

HC-R(I)

Validity

5200

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)23 minus HC-R(I)24 is
less than or equal to zero, then HC-R(I)25 must
equal zero and must not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If (bhcap863 - bhcap864) le 0
then bhcap865 eq 0 and bhcap865 ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5210

HC-R(I)26

BHCA8274

Validity

5220

HC-R(I)32a

BHCAP870

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(I)19 and HC-R(I)25
must equal HC-R(I)26.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(I)27 through HCR(I)30a and HC-R(I)31 must equal HC-R(I)32a.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap859 + bhcap865) eq
bhca8274
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap866 + bhcap867 +
bhcap868 + bhca5310 + bhcaq257) eq bhcap870

FRY9C

20160930

99991231

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5230

HC-R(I)32b

BHCWP870

For advanced approaches HCs that exit parallel
For advanced approaches HCs that exit parallel
run only, sum of HC-R(I)27 through HC-R(I)29, HC- run only (bhcap866 + bhcap867 + bhcap868 +
R(I)30b and HC-R(I)31 must equal HC-R(I)32b.
bhcw5310 + bhcaq257) eq bhcwp870

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5240

HC-R(I)34a

BHCA5311

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)32a minus HC-R(I)33 is
greater than zero, then HC-R(I)34a must equal HCR(I)32a minus HC-R(I)33.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If (bhcaP870 - bhcaP872) gt 0
then bhca5311 eq (bhcaP870 - bhcaP872)

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5250

HC-R(I)34a

BHCA5311

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)32a minus HC-R(I)33 is
less than or equal to zero, then HC-R(I)34a must
equal zero and must not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If (bhcap870-bhcap872) le 0
then bhca5311 eq 0 and bhca5311 ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5260

HC-R(I)34b

BHCW5311

for advanced approaches HCs that exit parallel run
only if (bhcwp870-bhcap872) gt 0 then bhcw5311
eq (bhcwp870-bhcap872)

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5270

HC-R(I)34b

BHCW5311

For advanced approaches HCs that exit parallel
run only, if HC-R(I)32b minus HC-R(I)33 is greater
than zero, then HC-R(I)34b must equal HC-R(I)32b
minus HC-R(I)33.
For advanced approaches HCs that exit parallel
run only, if HC-R(I)32b minus HC-R(I)33 is less than
or equal to zero, then HC-R(I)34b must equal zero
and must not be null.

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5280

HC-R(I)35a

BHCA3792

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5290

HC-R(I)35b

BHCW3792

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhca8274 + bhca5311) eq
bhca3792
for advanced approaches HCs that exit parallel run
only (bhca8274 + bhcw5311) eq bhcw3792

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5300

HC-R(I)36

BHCK3368

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(I)26 and HC-R(I)34a
must equal HC-R(I)35a.
For advanced approaches HCs that exit parallel
run only, sum of HC-R(I)26 and HC-R(I)34b must
equal HC-R(I)35b.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)36 must equal HC-K5.

September 2018

for advanced approaches HCs that exit parallel run
only if (bhcwp870-bhcap872) le 0 then bhcw5311
eq 0 and bhcw5311 ne null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcx3368 eq bhck3368

FR Y-9C: CHK-29 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-R(I)

Validity

5320

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

FRY9C

20180630

99991231

No Change

HC-R(II)

Validity

September 2018

Edit Test

Alg Edit Test

HC-R(I)39

MDRM
Number
BHCAA224

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)36 minus HC-R(I)37 and
HC-R(I)38 must equal HC-R(I)39.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcx3368 - bhcap875 bhcab596) eq bhcaa224

5322

HC-R(I)43b

BHCW7205

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Non-advanced approaches HCs
and advanced approaches HCs in preparallel or
parallel run and advanced approaches that don't
calculate risk-weighted assets per advanced
approaches risk-based capital rule only, HCR(I)30b, HC-R(I)32b, HC-R(I)34b, HC-R(I)35b, HCR(I)40b, and HC-R(I)41 Column B , HC-R(I)42
Column B, HC-R(I)43 Column B and HC-R(I)46b
must equal null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Non-advanced approaches HCs
and advanced approaches HCs in preparallel or
parallel run and advanced approaches that don't
calculate risk-weighted assets per advanced
approaches risk-based capital rule only, bhcw5310
eq null and bhcwp870 eq null and bhcw5311 eq
null and bhcw3792 eq null and bhcwa223 eq null
and bhcwp793 eq null and bhcw7206 eq null and
bhcw7205 eq null and bhcah312 eq null

5325

HC-R(II)m4

BHCKS624

For grandfathered unitary SLHCs and insurance
SLHCs that are not required to file HC-R (if the
institution meets certain requirements defined in
the final capital rule) , HC-R(I)1 through HC-R(II)
m4 must equal null.

or grandfathered unitary slhcs that met the
exemption requirements in 12 CFR 217.2 only
bhcap742 eq null and bhct3247 eq null and
bhcab530 eq null and bhcap838 eq null and
bhcap839 eq null and bhcap840 eq null and
bhcap841 eq null and bhcap842 eq null and
bhcap843 eq null and bhcap844 eq null and
bhcap845 eq null and bhcap846 eq null and
bhcap847 eq null and bhcap848 eq null and
bhcap849 eq null and bhcaq258 eq null and
bhcap850 eq null and bhcap851 eq null and
bhcap852 eq null and bhcap853 eq null and
bhcap854 eq null and bhcap855 eq null and
bhcap856 eq null and bhcap857 eq null and
bhcap858 eq null and bhcap859 eq null and
bhcap860 eq null and bhcap861 eq null and
bhcap862 eq null and bhcap863 eq null and
bhcap864 eq null and bhcap865 eq null and
bhca8274 eq null and bhcap866 eq null and
bhcap867 eq null and bhcap868 eq null and
bhca5310 eq null and bhcw5310 eq null and
bhcaq257 eq null and bhcap870 eq null and
bhcwp870 eq null and bhcap872 eq null and
bhca5311 eq null and bhcw5311 eq null and
bhca3792 eq null and bhcw3792 eq null and
bhcx3368 eq null and bhcap875 eq null and
bhcab596 eq null and bhcaa224 eq null and
bhcaa223 eq null and bhcwa223 eq null and
bhcap793 eq null and bhca7206 eq null and
bhca7205 eq null and bhcwp793 eq null and
bhcw7206 eq null and bhcw7205 eq null and

FR Y-9C: CHK-30 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180630

No Change

HC-R(I)

Validity

5400

HC-R(I)47

MDRM
Number
BHCAH313

FRY9C

20180630

99991231

No Change

HC-R(I)

Validity

5420

HC-R(I)48

BHCAH314

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3715

HC-R(II)1A

BHCKD957

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

3740

HC-R(II)2aA

BHCKD961

FRY9C

20180630

99991231

No Change

HC-R(II)

Validity

3765

HC-R(II)2bA

BHCKJA21

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)2bB through HCR(II)2bR must equal HC-R(II)2bA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks402 + bhckd967 +
bhckhj76 + bhckhj77 + bhckd968 + bhckd969 +
bhckd970 + bhcks403 + bhckh270 + bhcks405 +
bhcks406 + bhckh271) eq bhckja21

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3795

HC-R(II)3aA

BHCKD971

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3800

HC-R(II)3aA

BHCKD971

For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only, Sum
of HC-R(II)3aB through HC-R(II)3aR must equal HCR(II)3aA.
For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only, HCR(II)3aA must be less than or equal to HC-3A

For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only,
(bhckd972 + bhckd973 + bhcks410 + bhckd974 +
bhcks411) eq bhckd971
For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only,
bhckd971 le bhdmb987

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3815

HC-R(II)3bA

BHCKH171

For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only,
bhckh172 eq bhckh171

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3818

HC-R(II)3bA

BHCKH171

For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only,
Sum of HC-R(II)3bB through HC-R(II)3bR must
equal HC-R(II)3bA.
For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only, HCR(II)3bA must be less than or equal to HC-3B

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3820

HC-R(II)4aA

BHCKS413

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)4aB through HCR(II)4aR must equal HC-R(II)4aA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks414 + bhckh173 +
bhcks415 + bhcks416 + bhcks417 + bhckh273) eq
bhcks413

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)46a is less than or equal
to 1.8750% then HC-R(I)47 must not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Non-advanced approaches HCs
and advanced approaches HCs in preparallel or
parallel run only, if bhcah311 is le 1.8750 then
bhcah313 ne null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)46a is less than or equal capital rule only, Non-advanced approaches HCs
to 1.8750% then HC-R(I)48 must not be null.
and advanced approaches HCs in preparallel or
parallel run only, if bhcah311 is le 1.8750 then
bhcah314 ne null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1B through HCcapital rule only, (bhcks396 + bhckd958 +
R(II)1R must equal HC-R(II)1A.
bhckd959 + bhcks397 + bhckd960 + bhcks398) eq
bhckd957
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)2aB through HC- capital rule only, (bhcks399 + bhckd962 +
R(II)2aR must equal HC-R(II)2aA.
bhckhj74 + bhckhj75 + bhckd963 + bhckd964 +
bhckd965 + bhcks400) eq bhckd961

For BHCs, SHCs, IHCs, Non-BHC IHCs and covered
SLHCs as defined by the final capital rule only,
bhckh171 le bhckb989

FR Y-9C: CHK-31 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

Edit Test

Alg Edit Test

HC-R(II)4bA

MDRM
Number
BHCKS419

No Change

HC-R(II)

Validity

3825

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)4bB through HCR(II)4bR must equal HC-R(II)4bA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks420 + bhckh174 +
bhckh175 + bhckh176 + bhckh177 + bhcks421 +
bhckh275) eq bhcks419

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

3830

HC-R(II)4cA

BHCKS423

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)4cB through HCR(II)4cR must equal HC-R(II)4cA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks424 + bhcks425 +
bhckhj78 + bhckhj79 + bhcks426 + bhcks427 +
bhcks428 + bhcks429 + bhckh277) eq bhcks423

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

3840

HC-R(II)4dA

BHCKS431

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)4dB through HCR(II)4dR must equal HC-R(II)4dA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks432 + bhcks433 +
bhckhj80 + bhckhj81 + bhcks434 + bhcks435 +
bhcks436 + bhcks437 + bhckh279) eq bhcks431

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3845

HC-R(II)5aA

BHCKS439

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)5aB through HCR(II)5aR must equal HC-R(II)5aA.

No Change

HC-R(II)

Validity

3850

HC-R(II)5bA

BHCKS445

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)5bB through HCR(II)5bR must equal HC-R(II)5bA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks440 + bhckh178 +
bhcks441 + bhcks442 + bhcks443 + bhckh281) eq
bhcks439
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks446 + bhckh179 +
bhckh180 + bhckh181 + bhckh182 + bhcks447 +
bhckh283) eq bhcks445

FRY9C

20160930

99991231

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

3855

HC-R(II)5cA

BHCKS449

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)5cB through HCR(II)5cR must equal HC-R(II)5cA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks450 + bhcks451 +
bhckhj82 + bhckhj83 + bhcks452 + bhcks453 +
bhcks454 + bhcks455 + bhckh285) eq bhcks449

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

3865

HC-R(II)5dA

BHCKS457

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)5dB through HCR(II)5dR must equal HC-R(II)5dA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks458 + bhcks459 +
bhckhj84 + bhckhj85 + bhcks460 + bhcks461 +
bhcks462 + bhcks463 + bhckh287) eq bhcks457

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3870

HC-R(II)6A

BHCX3123

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)6B through HCR(II)6R must equal HC-R(II)6A.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcy3123 eq bhcx3123

September 2018

FR Y-9C: CHK-32 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20180630

No Change

HC-R(II)

Validity

3895

FRY9C

20180630

99991231

No Change

HC-R(II)

Validity

FRY9C

20180630

99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

20160930

September 2018

Edit Test

Alg Edit Test

HC-R(II)7A

MDRM
Number
BHCKD976

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)7B through HCR(II)7R must equal HC-R(II)7A.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks466 + bhckd977 +
bhckhj86 + bhckhj87 + bhckd978 + bhckd979 +
bhckd980 + bhcks467 + bhckh289 + bhckh186 +
bhckh290 + bhckh187 + bhckh291) eq bhckd976

3930

HC-R(II)8A

BHCKD981

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)8B through HCR(II)8R and HC-R(II)8aR and HC-R(II)8bR must
equal HC-R(II)8A.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks469 + bhckd982 +
bhckhj88 + bhckhj89 + bhckd983 + bhckd984 +
bhckd985 + bhckh185 + bhckh293 + bhckh188 +
bhcks470 + bhcks471 + bhckh294 + bhckh296 +
bhckh298) eq bhckd981

Validity

3902

HC-R(II)8A

BHCKD981

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8A must be less than or
equal to the sum of HC-6 through HC-11.

HC-R(II)

Validity

3915

HC-R(II)9aA

BHCKS475

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)9aB and HCR(II)9aQ must equal HC-R(II)9aA

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd981 le (bhck2145 +
bhck2150 + bhck2130 + bhck3656 + bhck2143 +
bhck2160)
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks476 + bhcks477) eq
bhcks475

No Change

HC-R(II)

Validity

3919

HC-R(II)9aT

BHCKS478

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If the sum of HC-R(II)9aT through
HC-R(II)10T is greater than zero, then the sum of
HC-R(II)9aU through HC-R(II)10U must equal zero
or null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If (bhcks478 + bhcks483 +
bhcks488 + bhcks493 + bhcks498) gt 0 then
(bhcks479 + bhcks484 + bhcks489 + bhcks494 +
bhcks499) eq 0 or (bhcks479 eq null and bhcks484
eq null and bhcks489 eq null and bhcks494 eq null
and bhcks499 eq null)

99991231

No Change

HC-R(II)

Validity

3921

HC-R(II)9aU

BHCKS479

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If the sum of HC-R(II)9aU through
HC-R(II)10U is greater than zero, then the sum of
HC-R(II)9aT through HC-R(II)10T must equal zero
or null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If (bhcks479 + bhcks484 +
bhcks489 + bhcks494 + bhcks499) gt 0 then
(bhcks478 + bhcks483 + bhcks488 + bhcks493 +
bhcks498) eq 0 or (bhcks478 eq null and bhcks483
eq null and bhcks488 eq null and bhcks493 eq null
bhcks498 and eq null)

99991231

No Change

HC-R(II)

Validity

3925

HC-R(II)9bA

BHCKS480

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)9bB and HCR(II)9bQ must equal HC-R(II)9bA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks481 + bhcks482) eq
bhcks480

FR Y-9C: CHK-33 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-R(II)

Validity

3935

HC-R(II)9cA

MDRM
Number
BHCKS485

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3940

HC-R(II)9dA

BHCKS490

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

3950

HC-R(II)10A

FRY9C

20180331

99991231

No Change

HC-R(II)

Validity

3920

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

FRY9C

20160930

99991231

No Change

HC-R(II)

FRY9C

20170331

99991231

No Change

HC-R(II)

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)9cB and HCR(II)9cQ must equal HC-R(II)9cA.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)9dB and HCR(II)9dQ must equal HC-R(II)9dA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks486 + bhcks487) eq
bhcks485
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks491 + bhcks492) eq
bhcks490

BHCKS495

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)10B and HCR(II)10Q must equal HC-R(II)10A.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks496 + bhcks497) eq
bhcks495

HC-R(II)11A

BHCT2170

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1A through HCR(II)5dA and HC-R(II)7A through HC-R(II)9dA minus
HC-R(II)6A must equal HC-R(II)11A.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, ((bhckd957 + bhckd961 +
bhckja21 + bhckd971 + bhckh171 + bhcks413 +
bhcks419 + bhcks423 + bhcks431 + bhcks439 +
bhcks445 + bhcks449 + bhcks457 + bhckd976 +
bhckd981 + bhcks475 + bhcks480 + bhcks485 +
bhcks490) - bhcx3123) eq bhct2170

3955

HC-R(II)11B

BHCKS500

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1B through HCR(II)5dB and HC-R(II)7B through HC-R(II)9dB minus
HC-R(II)6B must equal HC-R(II)11B.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, ((bhcks396 + bhcks399 +
bhcks402 + bhckh172 + bhcks414 + bhcks420 +
bhcks424 + bhcks432 + bhcks440 + bhcks446 +
bhcks450 + bhcks458 + bhcks466 + bhcks469 +
bhcks476 + bhcks481 + bhcks486 + bhcks491) bhcy3123) eq bhcks500

Validity

3965

HC-R(II)11C

BHCKD987

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1C through HCR(II)8C must equal HC-R(II)11C.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd958 + bhckd962 +
bhckd967 + bhckd972 + bhckh173 + bhckh174 +
bhcks425 + bhcks433 + bhckh178 + bhckh179 +
bhcks451 + bhcks459 + bhckd977 + bhckd982) eq
bhckd987

Validity

3967

HC-R(II)11D

BHCKHJ90

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1D through HCR(II)8D must equal HC-R(II)11D.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckhj74 + bhckhj76 + bhckhj78
+ bhckhj80 + bhckhj82 + bhckhj84 + bhckhj86 +
bhckhj88 ) eq bhckhj90

FR Y-9C: CHK-34 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20170331

No Change

HC-R(II)

Validity

3969

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

FRY9C

20160930

99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20180630

99991231

FRY9C

20160930

FRY9C

20160930

September 2018

Edit Test

Alg Edit Test

HC-R(II)11E

MDRM
Number
BHCKHJ91

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1E through HCR(II)8E must equal HC-R(II)11E.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckhj75 + bhckhj77 + bhckhj79
+ bhckhj81 + bhckhj83 + bhckhj85 + bhckhj87 +
bhckhj89 ) eq bhckhj91

3975

HC-R(II)11G

BHCKD988

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1G through HCR(II)8G must equal HC-R(II)11G.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd959 + bhckd963 +
bhckd968 + bhckd973 + bhcks415 + bhckh175 +
bhcks426 + bhcks434 + bhcks441 + bhckh180 +
bhcks452 + bhcks460 + bhckd978 + bhckd983) eq
bhckd988

Validity

3985

HC-R(II)11H

BHCKD989

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1H through HCR(II)8H must equal HC-R(II)11H.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks397 + bhckd964 +
bhckd969 + bhcks410 + bhcks416 + bhckh176 +
bhcks427 + bhcks435 + bhcks442 + bhckh181 +
bhcks453 + bhcks461 + bhckd979 + bhckd984) eq
bhckd989

HC-R(II)

Validity

3995

HC-R(II)11I

BHCKD990

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1I through HCR(II)8I must equal HC-R(II)11I.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd960 + bhckd965 +
bhckd970 + bhckd974 + bhcks417 + bhckh177 +
bhcks428 + bhcks436 + bhcks443 + bhckh182 +
bhcks454 + bhcks462 + bhckd980 + bhckd985) eq
bhckd990

No Change

HC-R(II)

Validity

4005

HC-R(II)11A

BHCT2170

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11B through HCR(II)11R must equal HC-R(II)11A.

99991231

No Change

HC-R(II)

Validity

4010

HC-R(II)11J

BHCKS503

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1J through HCR(II)8J must equal HC-R(II)11J.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks500 + bhckd987 +
bhckhj90 + bhckhj91 + bhckd988 + bhckd989 +
bhckd990 + bhcks503 + bhcks504 + bhcks505 +
bhcks506 + bhcks507 + bhcks510 + bhckh300) eq
bhct2170
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks398 + bhcks400 +
bhcks403 + bhcks411 + bhcks421 + bhcks429 +
bhcks437 + bhcks447 + bhcks455 + bhcks463 +
bhcks467 + bhckh185) eq bhcks503

99991231

No Change

HC-R(II)

Validity

4014

HC-R(II)11L

BHCKS505

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1L through HCR(II)8L must equal HC-R(II)11L.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks405 + bhckh186 +
bhckh188) eq bhcks505

FR Y-9C: CHK-35 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-R(II)

Validity

4016

HC-R(II)11M

MDRM
Number
BHCKS506

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4018

HC-R(II)11N

BHCKS507

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4024

HC-R(II)11Q

BHCKS510

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4025

HC-R(II)11R

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4030

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

FRY9C

20160930

99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20170331

99991231

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1M through HCR(II)8M must equal HC-R(II)11M.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)1N through HCR(II)8N must eq HC-R(II)11N.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)9aQ through HCR(II)9dQ must eq HC-R(II)11Q

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks470 + bhckh290) eq
bhcks506
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks406 + bhckh187 +
bhcks471) eq bhcks507
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks477 + bhcks482 +
bhcks487 + bhcks492) eq bhcks510

BHCKH300

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)2bR through HCR(II)8bR must eq HC-R(II)11R

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckh271 + bhckh273 +
bhckh275 + bhckh277 + bhckh279 + bhckh281 +
bhckh283 + bhckh285 + bhckh287 + bhckh291 +
bhckh294 + bhckh296 + bhckh298) eq bhckh300

HC-R(II)12A

BHCKD991

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd992 eq bhckd991

4035

HC-R(II)12B

BHCKD992

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12B must equal HCR(II)12A
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)12C through HCR(II)12J must equal HC-R(II)12B.

Validity

4055

HC-R(II)13B

BHCKD998

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)13B must equal HCR(II)13A multiplied by 50%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd993 + bhckhj92 + bhckhj93
+ bhckd994 + bhckd995 + bhckd996 + bhcks511)
eq bhckd992
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd998 le ((bhckd997 * .5) +
2)) and (bhckd998 ge ((bhckd997 * .5) - 2))

HC-R(II)

Validity

4065

HC-R(II)13B

BHCKD998

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)13C through HCR(II)13J must equal HC-R(II)13B.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd999 + bhckg603 +
bhckg604 + bhckg605 + bhcks512) eq bhckd998

No Change

HC-R(II)

Validity

4085

HC-R(II)14B

BHCKG607

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14B must equal HCR(II)14A multiplied by 20%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckg607 le ((bhckg606 * .2) +
2)) and (bhckg607 ge ((bhckg606 * .2) - 2))

No Change

HC-R(II)

Validity

4095

HC-R(II)14B

BHCKG607

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)14C through HCR(II)14J must equal HC-R(II)14B.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckg608 + bhckhj94 + bhckhj95
+ bhckg609 + bhckg610 + bhckg611 + bhcks513)
eq bhckg607

FR Y-9C: CHK-36 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-R(II)

Validity

4155

HC-R(II)15A

MDRM
Number
BHCKG612

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4165

HC-R(II)15B

BHCKG613

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4172

HC-R(II)16A

BHCKS515

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4180

HC-R(II)16B

BHCKS516

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4195

HC-R(II)17A

BHCKG618

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4210

HC-R(II)17B

BHCKG619

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4214

HC-R(II)18aB

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

4216

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)15B must equal HCR(II)15A.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)15C through HCR(II)15J must equal HC-R(II)15B.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg613 eq bhckg612

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16B must equal HCR(II)16A
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)16C through HCR(II)16J and HC-R(II)16R must equal HC-R(II)16B.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks516 eq bhcks515

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)17B must equal HCR(II)17A.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)17C through HCR(II)17J must equal HC-R(II)17B.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg619 eq bhckg618

BHCKS526

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aB must equal HCR(II)18aA multiplied by 20%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks526 le ((bhcks525 * .2) +
2)) and (bhcks526 ge ((bhcks525 * .2) - 2))

HC-R(II)18aB

BHCKS526

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)18aC through HCR(II)18aJ and HC-R(II)18aR must equal HCR(II)18aB.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks527 + bhckhj96 + bhckhj97
+ bhcks528 + bhcks529 + bhcks530 + bhcks531 +
bhckh303) eq bhcks526

4220

HC-R(II)18bB

BHCKG625

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bB must equal HCR(II)18bA multiplied by 50%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg625 le ((bhckg624 * .5) + 2)
and bhckg625 ge ((bhckg624 * .5) - 2)

4230

HC-R(II)18bB

BHCKG625

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)18bC through HCR(II)18bJ and HC-R(II)18bR must equal HCR(II)18bB.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckg626 + bhckhj98 + bhckhj99
+ bhckg627 + bhckg628 + bhckg629 + bhcks539 +
bhckh307) eq bhckg625

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckg614 + bhckg615 +
bhckg616 + bhckg617 + bhcks514) eq bhckg613

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks517 + bhcks518 +
bhcks519 + bhcks520 + bhcks521 + bhcks522 +
bhcks523 + bhckh301) eq bhcks516

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckg620 + bhckg621 +
bhckg622 + bhckg623 + bhcks524) eq bhckg619

FR Y-9C: CHK-37 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-R(II)

Validity

4235

HC-R(II)19B

MDRM
Number
BHCKS541

FRY9C

20170331

99991231

No Change

HC-R(II)

Validity

4242

HC-R(II)20B

BHCKS542

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4244

HC-R(II)21B

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4246

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

FRY9C

20170331

99991231

No Change

HC-R(II)

FRY9C

20170331

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

99991231

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)19B must equal zero and
must not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)20C through HCR(II)20J and HC-R(II)20R must equal HC-R(II)20B.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks541 eq 0 and bhcks541 ne
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks543 + bhckhk00 +
bhckhk01 + bhcks544 + bhcks545 + bhcks546 +
bhcks547 + bhcks548 + bhckh309) eq bhcks542

BHCKS549

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)21C through HCR(II)21J must equal HC-R(II)21B.

HC-R(II)22A

BHCKH191

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)22C through HCR(II)22Q must equal HC-R(II)22A.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks550 + bhcks551 +
bhcks552 + bhcks554 + bhcks555 + bhcks556 +
bhcks557) eq bhcks549
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckh193 + bhckh194 +
bhckh195 + bhckh196 + bhckh197 + bhckh198 +
bhckh199 + bhckh200) eq bhckh191

4250

HC-R(II)23C

BHCKG630

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11C through HCR(II)22C must equal HC-R(II)23C.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd987 + bhckd993 +
bhckd999 + bhckg608 + bhckg614 + bhcks517 +
bhckg620 + bhcks527 + bhckg626 + bhcks543 +
bhcks550 + bhckh193) eq bhckg630

Validity

4252

HC-R(II)23D

BHCKS558

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11D through HCR(II)22D must equal HC-R(II)23D.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckhj90 + bhckhj92 + bhckhj94
+ bhcks518 + bhckhj96 + bhckhj98 + bhckhk00 +
bhcks551) eq bhcks558

HC-R(II)

Validity

4254

HC-R(II)23E

BHCKS559

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11E through HCR(II)22E must equal HC-R(II)23E.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckhj91 + bhckhj93 + bhckhj95
+ bhcks519 + bhckhj97 + bhckhj99 + bhckhk01 +
bhcks552) eq bhcks559

No Change

HC-R(II)

Validity

4256

HC-R(II)23F

BHCKS560

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks544 eq bhcks560

No Change

HC-R(II)

Validity

4260

HC-R(II)23G

BHCKG631

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11F through HCR(II) 22F must equal HC-R(II)23F
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11G through HCR(II)22G must equal HC-R(II)23G.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd988 + bhckd994 +
bhckg603 + bhckg609 + bhckg615 + bhcks520 +
bhckg621 + bhcks528 + bhckg627 + bhcks545 +
bhcks554 + bhckh194) eq bhckg631

FR Y-9C: CHK-38 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

Edit Test

Alg Edit Test

HC-R(II)23H

MDRM
Number
BHCKG632

No Change

HC-R(II)

Validity

4270

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11H through HCR(II)22H must equal HC-R(II)23H.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd989 + bhckd995 +
bhckg604 + bhckg610 + bhckg616 + bhcks521 +
bhckg622 + bhcks529 + bhckg628 + bhcks546 +
bhcks555 + bhckh195) eq bhckg632

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4280

HC-R(II)23I

BHCKG633

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11I through HCR(II)22I must equal HC-R(II)23I.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckd990 + bhckd996 +
bhckg605 + bhckg611 + bhckg617 + bhcks522 +
bhckg623 + bhcks530 + bhckg629 + bhcks547 +
bhcks556 + bhckh196) eq bhckg633

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4281

HC-R(II)23J

BHCKS561

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)11J through HCR(II)22J must equal HC-R(II)23J.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks503 + bhcks511 +
bhcks512 + bhcks513 + bhcks514 + bhcks523 +
bhcks524 + bhcks531 + bhcks539 + bhcks548 +
bhcks557 + bhckh197) eq bhcks561

FRY9C

20180630

99991231

No Change

HC-R(II)

Validity

4282

HC-R(II)23K

BHCKS562

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks504 eq bhcks562

No Change

HC-R(II)

Validity

4283

HC-R(II)23L

BHCKS563

99991231

No Change

HC-R(II)

Validity

4284

HC-R(II)23M

BHCKS564

20160930

99991231

No Change

HC-R(II)

Validity

4285

HC-R(II)23N

BHCKS565

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4286

HC-R(II)23O

BHCKS566

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4287

HC-R(II)23P

BHCKS567

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4288

HC-R(II)23Q

BHCKS568

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11K must equal HCR(II)23K.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11L must equal HCR(II)23L
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11M must equal HCR(II)23M.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11N must equal HCR(II)23N.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22O must equal HCR(II)23O.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22P must equal HCR(II)23P.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)10Q, HC-R(II)11Q
and HC-R(II)22Q must equal HC-R(II)23Q.

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks505 eq bhcks563
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks506 eq bhcks564
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks507 eq bhcks565
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh198 eq bhcks566
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh199 eq bhcks567
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks497 + bhcks510 +
bhckh200) eq bhcks568

FR Y-9C: CHK-39 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

FRY9C

Effective
Start Date
20160930

No Change

HC-R(II)

Validity

4290

HC-R(II)25C

MDRM
Number
BHCKG634

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25C must equal zero and
must not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25I must equal HCR(II)23I
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)2bS through HCR(II)20S and HC-R(II)9aT through HC-R(II)10T and
HC-R(II)9aU through HC-R(II)10U, and HC-R(II)25C
through HC-R(II)25Q, and HC-R(II)27 must be
equal to HC-R(II)28.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg634 eq 0 and bhckg634 ne
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg637 eq bhckg633

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4320

HC-R(II)25I

BHCKG637

FRY9C

20180630

99991231

No Change

HC-R(II)

Validity

4335

HC-R(II)28

BHCKB704

FRY9C

20160930

99991231

No Change

HC-R(II)

Validity

4345

HC-R(II)31

BHCKG641

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)31 must equal HC-R(II)28
minus the sum of HC-R(II)29 and HC-R(II)30.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, ((bhckb704) - (bhcka222 +
bhck3128)) eq bhckg641

FRY9C

20180331

99991231

No Change

HC-R(I)

Validity

5500

HC-R(I)45

BHCAH036

For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based capital
rule only, HC-R(I)45 must not be null.

For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based capital
rule only, bhcah036 ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Validity

5510

HC-R(I)45

BHCAH036

Validity

4590

HC-S4bA

BHCKB740

For nonadvanced approaches HCs, bhcah036 eq
null
(bhckb733 + bhckb740) le bhckb705

HC-S

Validity

4595

HC-S4bB

BHCKB741

No Change

HC-S

Validity

4600

HC-S4bC

BHCKB742

99991231

No Change

HC-S

Validity

4605

HC-S4bD

BHCKB743

20150331

99991231

No Change

HC-S

Validity

4610

HC-S4bE

BHCKB744

FRY9C

20150331

99991231

No Change

HC-S

Validity

4615

HC-S4bF

BHCKB745

FRY9C

20150331

99991231

No Change

HC-S

Validity

4620

HC-S4bG

BHCKB746

For non-advanced approaches HCs only, HC-R(I)
45 should be null.
Sum of HC-S4aA and HC-S4bA must be less than or
equal to HC-S1A.
Sum of HC-S4aB and HC-S4bB must be less than or
equal to HC-S1B.
Sum of HC-S4aC and HC-S4bC must be less than or
equal to HC-S1C.
Sum of HC-S4aD and HC-S4bD must be less than
or equal to HC-S1D.
Sum of HC-S4aE and HC-S4bE must be less than or
equal to HC-S1E.
Sum of HC-S4aF and HC-S4bF must be less than or
equal to HC-S1F.
Sum of HC-S4aG and HC-S4bG must be less than
or equal to HC-S1G.

FRY9C

20150331

99991231

No Change

HC-S

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhckh272 + bhckh274 +
bhckh276 + bhckh278 + bhckh280 + bhckh282 +
bhckh284 + bhckh286 + bhckh288 + bhckh292 +
bhckh295 + bhckh297 + bhckh299 + bhckh302 +
bhckh304 + bhckh308 + bhckh310 + bhcks478 +
bhcks483 + bhcks488 + bhcks493 + bhcks498 +
bhcks479 + bhcks484 + bhcks489 + bhcks494 +
bhcks499 + bhckg634 + bhcks569 + bhcks570 +
bhcks571 + bhckg635 + bhckg636 + bhckg637 +
bhcks572 + bhcks573 + bhcks574 + bhcks575 +
bhcks576 + bhcks577 + bhcks578 + bhcks579 +
bhcks581) eq bhckb704

(bhckb734 + bhckb741) le bhckb706
(bhckb735 + bhckb742) le bhckb707
(bhckb736 + bhckb743) le bhckb708
(bhckb737 + bhckb744) le bhckb709
(bhckb738 + bhckb745) le bhckb710
(bhckb739 + bhckb746) le bhckb711

FR Y-9C: CHK-40 of 41

Validity (V) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Each edit in the checklist must balance, rounding errors are not allowed
Series
FRY9C

Effective
Start Date
20150331

September 2018

Effective
End Date
99991231

Edit Change

Schedule

Edit Type Edit Number

TargetItem

No Change

HC-S

Validity

HC-SM4

4710

MDRM
Number
BHCKC407

Edit Test

Alg Edit Test

HC-SM4 must be less than or equal to HC-S1C.

bhckc407 le bhckb707

FR Y-9C: CHK-41 of 41

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
6250

HC-K5

MDRM
Number
BHCK3368

No Change

HC-K

FRY9C

20150331

99991231

No Change

HI

Intraseries

5139

HI-1a1a

BHCK4435

FRY9C

20150331

99991231

No Change

HI

Quality

9000

HI-1a1a

BHCK4435

FRY9C

20150331

99991231

No Change

HI

Intraseries

0077

HI-1a1b

BHCK4436

FRY9C

20150331

99991231

No Change

HI

Quality

0079

HI-1a1b

BHCK4436

FRY9C

20150331

99991231

No Change

HI

Intraseries

0078

HI-1a1c

BHCKF821

FRY9C

20150331

99991231

No Change

HI

Quality

0080

HI-1a1c

BHCKF821

FRY9C

20150331

99991231

No Change

HI

Intraseries

5141

HI-1a2

BHCK4059

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

Quality
Intraseries

9010
5142

HI-1a2
HI-1b

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

Quality
Intraseries

9020
5143

FRY9C

20150331

99991231

No Change

HI

Quality

FRY9C

20150331

99991231

No Change

HI

FRY9C

20150331

99991231

No Change

HI

September 2018

Edit Test

Alg Edit Test

The sum of HC-K1a through HC-K3a and HC-K3b
through HC-K4b should be less than or equal to
HC-K5.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1a1a.

(bhckb558 + bhckb559 + bhckb560 + bhck3365
+ bhdm3516 + bhfn3360 + bhck3401 +
bhckb985) le bhck3368
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4435-q1 ge bhck4435-q2 - 2)

HI-1a1a should not be null and should not be
negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1a1b.

bhck4435 ne null and bhck4435 ge 0

HI-1a1b should not be null and should not be
negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1a1c.

bhck4436 ne null and bhck4436 ge 0

HI-1a1c should not be null and should not be
negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1a2.

bhckf821 ne null and bhckf821 ge 0

BHCK4059
BHCK4065

HI-1a2 should not be negative
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1b.

bhck4059 ge 0 or bhck4059 eq null
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4065-q1 ge bhck4065-q2 - 2)

HI-1b
HI-1c

BHCK4065
BHCK4115

HI-1b should not be null.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1c.

bhck4065 ne null
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4115-q1 ge bhck4115-q2 - 2)

9030

HI-1c

BHCK4115

bhck4115 ne null and bhck4115 ge 0

Intraseries

5144

HI-1d1

BHCKB488

HI-1c should not be null and should not be
negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1d1.

Quality

9030

HI-1d1

BHCKB488

HI-1d1 should not be null and should not be
negative.

bhckb488 ne null and bhckb488 ge 0

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4436-q1 ge bhck4436-q2 - 2)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhckf821-q1 ge bhckf821-q2 - 2)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4059-q1 ge bhck4059-q2 - 2)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhckb488-q1 ge bhckb488-q2 - 2)

FR Y-9C: EDIT-1 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
5145

Edit Test

HI-1d2

MDRM
Number
BHCKB489

No Change

HI

FRY9C

20150331

99991231

No Change

HI

Quality

FRY9C

20150331

99991231

No Change

HI

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

9030

HI-1d2

BHCKB489

bhckb489 ne null and bhckb489 ge 0

Intraseries

5146

HI-1d3

BHCK4060

HI-1d2 should not be null and should not be
negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1d3.

HI

Quality

9030

HI-1d3

BHCK4060

bhck4060 ne null and bhck4060 ge 0

No Change

HI

Intraseries

5147

HI-1e

BHCK4069

HI-1d3 should not be null and should not be
negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1e.

99991231

No Change

HI

Quality

9030

HI-1e

BHCK4069

bhck4069 ne null and bhck4069 ge 0

20160930

99991231

No Change

HI

Intraseries

5148

HI-1f

BHCK4020

FRY9C

20160930

99991231

No Change

HI

Quality

9030

HI-1f

BHCK4020

FRY9C

20150331

99991231

No Change

HI

Intraseries

5149

HI-1g

BHCK4518

HI-1e should not be null and should not be
negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-A9 (current) is equal to HI-A9 (previous),
then the current period should be greater than
or equal to the previous period (minus $2k) for
HI-1f.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-1f should not be null and should not
be negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-1g.

FRY9C

20150331

99991231

No Change

HI

Quality

9030

HI-1g

BHCK4518

bhck4518 ne null and bhck4518 ge 0

FRY9C

20170331

99991231

No Change

HI

Intraseries

5150

HI-2a1a

BHCKHK03

FRY9C

20170331

99991231

No Change

HI

Quality

9030

HI-2a1a

BHCKHK03

FRY9C

20170331

99991231

No Change

HI

Intraseries

5151

HI-2a1b

BHCKHK04

HI-1g should not be null and should not be
negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-A9 (current) is equal to HI-A9 (previous),
then the current period should be greater than
or equal to the previous period (minus $2k) for
HI-2a1a.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-2a1a should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-A9 (current) is equal to HI-A9 (previous),
then the current period should be greater than
or equal to the previous period (minus $2k) for
HI-2a1b.

September 2018

Alg Edit Test

For June, September, and December, if HI-A9
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(current) is equal to HI-A9 (previous), then the 12) and (bhck4356-q1 eq bhck4356-q2)) then
current period should be greater than or equal (bhckb489-q1 ge bhckb489-q2 - 2)
to the previous period (minus $2k) for HI-1d2.

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4060-q1 ge bhck4060-q2 - 2)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4069-q1 ge bhck4069-q2 - 2)

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4356-q1 eq bhck4356-q2))
then (bhck4020-q1 ge bhck4020-q2 - 2)
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck4020 ne null and bhck4020 ge 0
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4518-q1 ge bhck4518-q2 - 2)

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4356-q1 eq bhck4356-q2))
then (bhckhk03-q1 ge bhckhk03-q2 - 2)
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhckhk03 ne null and bhckhk03 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((mm-q1 eq 06 or mm-q1 eq 09 or
mm-q1 eq 12) and (bhck4356-q1 eq bhck4356q2)) then (bhckhk04-q1 ge bhckhk04-q2 - 2)

FR Y-9C: EDIT-2 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20170331
99991231

TargetItem

Quality

Edit
Number
9030

HI-2a1b

MDRM
Number
BHCKHK04

No Change

HI

FRY9C

20160930

99991231

No Change

HI

Intraseries

5152

HI-2a1c

BHCK6761

FRY9C

20160930

99991231

No Change

HI

Quality

9030

HI-2a1c

BHCK6761

FRY9C

20160930

99991231

No Change

HI

Intraseries

5153

HI-2a2

BHCK4172

FRY9C

20160930

99991231

No Change

HI

Quality

9040

HI-2a2

BHCK4172

FRY9C

20160930

99991231

No Change

HI

Intraseries

5154

HI-2b

BHCK4180

FRY9C

20160930

99991231

No Change

HI

Quality

9050

HI-2b

BHCK4180

FRY9C

20150331

99991231

No Change

HI

Intraseries

5155

HI-2c

BHCK4185

FRY9C

20150331

99991231

No Change

HI

Quality

9050

HI-2c

BHCK4185

FRY9C

20150331

99991231

No Change

HI

Quality

5120

HI-2d

BHCK4397

FRY9C

20150331

99991231

No Change

HI

Intraseries

5130

HI-2d

BHCK4397

FRY9C

20150331

99991231

No Change

HI

Intraseries

5156

HI-2d

BHCK4397

FRY9C

20150331

99991231

No Change

HI

Quality

9050

HI-2d

BHCK4397

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-2a1b should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-A9 (current) is equal to HI-A9 (previous),
then the current period should be greater than
or equal to the previous period (minus $2k) for
HI-2a1c.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-2a1c should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-A9 (current) is equal to HI-A9 (previous),
then the current period should be greater than
or equal to the previous period (minus $2k) for
HI-2a2.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-2a2 should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhckhk04 ne null and bhckhk04 ge 0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-A9 (current) is equal to HI-A9 (previous),
then the current period should be greater than
or equal to the previous period (minus $2k) for
HI-2b.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-2b should not be null and should not
be negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-2c.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4356-q1 eq bhck4356-q2))
then (bhck4180-q1 ge bhck4180-q2 - 2)

HI-2c should not be null and should not be
negative.
For March, if HC-19a is greater than $2 million,
then HI-2d should be greater than zero and HI2d should not be null.
For June, September, and December, if HC-19a
(current) is greater than $2 million, then HI-2d
(current minus previous) should be greater
than zero.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-2d.

bhck4185 ne null and bhck4185 ge 0

HI-2d should not be null and should not be
negative.

bhck4397 ne null and bhck4397 ge 0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4356-q1 eq bhck4356-q2))
then (bhck6761-q1 ge bhck6761-q2 - 2)
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck6761 ne null and bhck6761 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4356-q1 eq bhck4356-q2))
then (bhck4172-q1 ge bhck4172-q2 - 2)
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck4172 ge 0 or bhck4172 eq null

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck4180 ne null and bhck4180 ge 0
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4185-q1 ge bhck4185-q2 - 2)

if (mm-q1 eq 03) and (bhck4062 gt 2000) then
bhck4397 gt 0 and bhck4397 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4062-q1 gt 2000) then (bhck4397q1 - bhck4397-q2) gt 0
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4397-q1 ge bhck4397-q2 - 2)

FR Y-9C: EDIT-3 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
5157

Edit Test

HI-2e

MDRM
Number
BHCK4398

No Change

HI

FRY9C

20150331

99991231

No Change

HI

Quality

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

FRY9C
FRY9C

20150331
20160930

99991231
99991231

No Change
No Change

FRY9C

20160930

99991231

FRY9C

20150331

FRY9C
FRY9C

9050

HI-2e

BHCK4398

bhck4398 ne null and bhck4398 ge 0

Quality
Intraseries

9060
5158

HI-4
HI-5a

BHCK4230
BHCK4070

HI-2e should not be null and should not be
negative.
HI-4 should not be null.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-5a.

HI
HI

Quality
Intraseries

9070
5159

HI-5a
HI-5b

BHCK4070
BHCK4483

bhck4070 ge 0 or bhck4070 eq null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4356-q1 eq bhck4356-q2))
then (bhck4483-q1 ge bhck4483-q2 - 2)

No Change

HI

Quality

9080

HI-5b

BHCK4483

99991231

No Change

HI

Quality

0075

HI-5c

BHCKA220

HI-5a should not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-A9 (current) is equal to HI-A9 (previous),
then the current period should be greater than
or equal to the previous period (minus $2k) for
HI-5b.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-5b should not be null and should not
be negative.
If HC-Q5aA or HC-Q5bA or HC-Q10aA or HCQ10bA is not equal to zero or null, then HI-5c
should not equal zero or null.

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

Quality
Intraseries

9090
5160

HI-5c
HI-5d1

BHCKA220
BHCKC886

HI-5c should not be null.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-5d1.

bhcka220 ne null
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhckc886-q1 ge bhckc886-q2 - 2)

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

Quality
Intraseries

9090
5161

HI-5d1
HI-5d2

BHCKC886
BHCKC888

HI-5d1 should not be null.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-5d2.

bhckc886 ne null
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhckc888-q1 ge bhckc888-q2 - 2)

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

Quality
Intraseries

9090
5162

HI-5d2
HI-5d3

BHCKC888
BHCKC887

HI-5d2 should not be null.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-5d3.

bhckc888 ne null
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhckc887-q1 ge bhckc887-q2 - 2)

FRY9C

20150331

99991231

No Change

HI

Quality

9090

HI-5d3

BHCKC887

HI-5d3 should not be null.

bhckc887 ne null

September 2018

Alg Edit Test

For June, September, and December, if HI-A9
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(current) is equal to HI-A9 (previous), then the 12) and (bhck4356-q1 eq bhck4356-q2)) then
current period should be greater than or equal (bhck4398-q1 ge bhck4398-q2 - 2)
to the previous period (minus $2k) for HI-2e.

bhck4230 ne null
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhck4070-q1 ge bhck4070-q2 - 2)

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck4483 ne null and bhck4483 ge 0
if ((bhct3543 ne 0 and bhct3543 ne null) or
(bhckg497 ne 0 and bhckg497 ne null) or
(bhct3547 ne 0 and bhct3547 ne null) or
(bhckg516 ne 0 and bhckg516 ne null)) then
(bhcka220 ne 0 and bhcka220 ne null)

FR Y-9C: EDIT-4 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
5131

Edit Test

HI-5d4

MDRM
Number
BHCKC386

No Change

HI

FRY9C

20150331

99991231

No Change

HI

Quality

FRY9C

20150331

99991231

No Change

HI

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

5132

HI-5d4

BHCKC386

Quality

5133

HI-5d4

BHCKC386

HI

Quality

5134

HI-5d4

BHCKC386

If HI-5d4 is greater than zero, then HI-5d4
should be greater than or equal to the sum of
HI-Mem12b1 and HI-Mem12b2.
If HI-Mem12c is greater than zero, then HI-5d4
should be greater than zero and HI-5d4 should
not be null.
If the sum of HC-I(I)2, HC-I(I)5, HC-I(I)6, HCI(II)3, HC-I(II)6, HC-I(II)7, and HC-M21 is greater
than zero, then HI-5d4 should be greater than
zero and HI-5d4 should not be null.

No Change

HI

Intraseries

5163

HI-5d4

BHCKC386

For June, September, and December, if HI-A9
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(current) is equal to HI-A9 (previous), then the 12) and (bhck4356-q1 eq bhck4356-q2)) then
current period should be greater than or equal (bhckc386-q1 ge bhckc386-q2 - 2)
to the previous period (minus $2k) for HI-5d4.

99991231

No Change

HI

Quality

9100

HI-5d4

BHCKC386

20150331

99991231

No Change

HI

Quality

5135

HI-5d5

BHCKC387

HI-5d4 should not be null and should not be
bhckc386 ne null and bhckc386 ge 0
negative.
For March, If the absolute value of HI-5d4 is
if (mm-q1 eq 03) and abs(bhckc386) gt 5 then
greater than $5k, then HI-5d5 should not equal bhckc387 ne 0 and bhckc387 ne null
zero and HI-5d5 should not be null.

FRY9C

20150331

99991231

No Change

HI

Intraseries

5137

HI-5d5

BHCKC387

For June, September, and December, If the
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
absolute value of HI-5d4 (current minus
12) and abs(bhckc386-q1 - bhckc386-q2) gt 5
previous) is greater than $5k, then HI-5d5
then (bhckc387-q1 - bhckc387-q2) ne 0
(current minus previous) should not equal zero.

FRY9C

20150331

99991231

No Change

HI

Intraseries

5164

HI-5d5

BHCKC387

For June, September, and December, if HI-A9
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(current) is equal to HI-A9 (previous), then the 12) and (bhck4356-q1 eq bhck4356-q2)) then
current period should be greater than or equal (bhckc387-q1 ge bhckc387-q2 - 2)
to the previous period (minus $2k) for HI-5d5.

FRY9C

20150331

99991231

No Change

HI

Quality

9100

HI-5d5

BHCKC387

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331

99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change

HI
HI
HI
HI
HI
HI
HI
HI
HI
HI

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

9090
9090
9090
9110
9110
9110
9110
9110
9110
5138

HI-5e
HI-5f
HI-5g
HI-5i
HI-5j
HI-5k
HI-5l
HI-6a
HI-6b
HI-7a

BHCKB491
BHCKB492
BHCKB493
BHCK8560
BHCK8561
BHCKB496
BHCKB497
BHCK3521
BHCK3196
BHCK4135

HI-5d5 should not be null and should not be
negative.
HI-5e should not be null.
HI-5f should not be null.
HI-5g should not be null.
HI-5i should not be null.
HI-5j should not be null.
HI-5k should not be null.
HI-5l should not be null.
HI-6a should not be null.
HI-6b should not be null.
HI-7a should be greater than zero and HI-7a
should not be null.

September 2018

Alg Edit Test

If the sum of HI-Mem12b1 and HI-Mem12b2 is if ((bhckc242 + bhckc243 gt 0) and (bhckc242 +
greater than zero and does not equal HI-5d5,
bhckc243 ne bhckc387)) then bhckc386 gt 0
then HI-5d4 should be greater than zero and HI- and bhckc386 ne null
5d4 should not be null.
if bhckc386 gt 0 then bhckc386 ge (bhckc242 +
bhckc243)
if bhckb983 gt 0 then bhckc386 gt 0 and
bhckc386 ne null
if (bhckc244 + bhckc245 + bhckc246 +
bhckc248 + bhckc249 + bhckc250 + bhckc253)
gt 0 then bhckc386 gt 0 and bhckc386 ne null

bhckc387 ne null and bhckc387 ge 0
bhckb491 ne null
bhckb492 ne null
bhckb493 ne null
bhck8560 ne null
bhck8561 ne null
bhckb496 ne null
bhckb497 ne null
bhck3521 ne null
bhck3196 ne null
bhck4135 gt 0 and bhck4135 ne null

FR Y-9C: EDIT-5 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
5166

Edit Test

HI-7a

MDRM
Number
BHCK4135

No Change

HI

FRY9C

20150331

99991231

No Change

HI

Intraseries

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C
FRY9C
FRY9C
FRY9C

5167

HI-7b

BHCK4217

For June, September, and December, if HI-A9
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(current) is equal to HI-A9 (previous), then the 12) and (bhck4356-q1 eq bhck4356-q2)) then
current period should be greater than or equal (bhck4217-q1 ge bhck4217-q2 - 2)
to the previous period (minus $2k) for HI-7b.

Quality
Intraseries

9130
5168

HI-7b
HI-7c1

BHCK4217
BHCKC216

HI-7b should not be null.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-7c1.

bhck4217 ne null
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhckc216-q1 ge bhckc216-q2 - 2)

HI

Quality

9140

HI-7c1

BHCKC216

bhckc216 ne null and bhckc216 ge 0

No Change

HI

Intraseries

5169

HI-7c2

BHCKC232

HI-7c1 should not be null and should not be
negative.
For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then the
current period should be greater than or equal
to the previous period (minus $2k) for HI-7c2.

99991231

No Change

HI

Quality

9140

HI-7c2

BHCKC232

bhckc232 ne null and bhckc232 ge 0

20150331
20150331
20160930
20150331

99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change

HI
HI
HI
HI

Quality
Quality
Quality
Quality

9150
9170
9170
5212

HI-7d
HI-9
HI-11
HI-Mem1

BHCK4092
BHCK4302
BHCKFT28
BHCK4519

FRY9C

20150331

99991231

No Change

HI

Quality

5214

HI-Mem1

BHCK4519

FRY9C
FRY9C

20150331
20180331

99991231
99991231

No Change
No Change

HI
HI

Quality
Quality

9180
5216

HI-Mem1
HI-Mem2

BHCK4519
BHCK4592

FRY9C

20180331

99991231

No Change

HI

Quality

5218

HI-Mem2

BHCK4592

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI
HI

Quality
Intraseries

9180
5220

HI-Mem2
HI-Mem3

BHCK4592
BHCK4313

FRY9C

20150331

99991231

No Change

HI

Quality

9190

HI-Mem3

BHCK4313

FRY9C

20150331

99991231

No Change

HI

Intraseries

5235

HI-Mem4

BHCK4507

FRY9C

20150331

99991231

No Change

HI

Quality

9190

HI-Mem4

BHCK4507

HI-7c2 should not be null and should not be
negative.
HI-7d should not be null.
HI-9 should not be null.
HI-11 should not be null.
HI-Mem1 should be greater than or equal to HI3.
The absolute value of HI-Mem1 should be less
than or equal to 150% of the absolute value of
HI-3.
HI-Mem1 should not be null.
HI-Mem2 should be greater than or equal to HI8c.
The absolute value of HI-Mem2 should be less
than or equal to 150% of the absolute value of
HI-8c.
HI-Mem2 should not be null.
For June, September, and December, HI-Mem3
(current) should be greater than or equal to HIMem3 (previous - $2k).
HI-Mem3 should not be null and should not be
negative.
For June, September, and December, HI-Mem4
(current) should be greater than or equal to HIMem4 (previous - $2k).
HI-Mem4 should not be null and should not be
negative.

September 2018

Alg Edit Test

For June, September, and December, if HI-A9
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(current) is equal to HI-A9 (previous), then the 12) and (bhck4356-q1 eq bhck4356-q2)) then
current period should be greater than or equal (bhck4135-q1 ge bhck4135-q2 - 2)
to the previous period (minus $2k) for HI-7a.

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2)) then
(bhckc232-q1 ge bhckc232-q2 - 2)

bhck4092 ne null
bhck4302 ne null
bhckft28 ne null
bhck4519 ge bhck4074
abs(bhck4519) le (abs(bhck4074) * 1.5)

bhck4519 ne null
bhck4592 ge bhck4301
abs(bhck4592) le (abs(bhck4301) * 1.5)

bhck4592 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4313-q1 ge bhck4313-q2 - 2)
bhck4313 ne null and bhck4313 ge 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4507-q1 ge bhck4507-q2 - 2)
bhck4507 ne null and bhck4507 ge 0

FR Y-9C: EDIT-6 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
5240

Edit Test

HI-Mem5

MDRM
Number
BHCK4150

No Change

HI

FRY9C

20150331

99991231

No Change

HI

Quality

FRY9C

20160930

99991231

No Change

HI

FRY9C

20150331

99991231

No Change

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331
20160930

99991231
99991231
99991231
99991231
99991231

FRY9C
FRY9C
FRY9C

20180630
20180630
20180630

FRY9C

5245

HI-Mem5

BHCK4150

bhck4150 gt 0 and bhck4150 ne null

Intraseries

5250

HI-Mem5

BHCK4150

HI

Quality

9190

HI-Mem5

BHCK4150

No Change
No Change
No Change
No Change
No Change

HI
HI
HI
HI
HI

Quality
Quality
Quality
Quality
Quality

9200
9200
9200
9200
9200

HI-Mem6a
HI-Mem6b
HI-Mem6c
HI-Mem6d
HI-Mem6e

BHCKC013
BHCKC014
BHCKC016
BHCK4042
BHCKC015

99991231
99991231
99991231

No Change
No Change
No Change

HI
HI
HI

Quality
Quality
Quality

9200
9200
5260

HI-Mem6f
HI-Mem6g
HI-Mem6h

BHCKF555
BHCKT047
BHCK8562

20180630

99991231

No Change

HI

Quality

5261

HI-Mem6hTX

TEXT8562

HI-Mem5 should be greater than zero and HIMem5 should not be null.
For June, September, and December, if HIMem5 (current) is greater than zero, and HI-7a
(previous) is greater than zero, then HI-7a
(current - previous) divided by HI-Mem5
(current) should be in the range of $4 - $50
thousand.
HI-Mem5 should not be null and should not be
negative.
HI-Mem6a should not be null.
HI-Mem6b should not be null.
HI-Mem6c should not be null.
HI-Mem6d should not be null.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-Mem6e should not be null.
HI-Mem6f should not be null.
HI-Mem6g should not be null.
If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

FRY9C

20180630

99991231

No Change

HI

Quality

5262

HI-Mem6i

BHCK8563

FRY9C

20180630

99991231

No Change

HI

Quality

5263

HI-Mem6iTX

TEXT8563

If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhck8563 ne null and bhck8563 ne 0 then
text8563 ne null
if text8563 ne null then bhck8563 ne null and
bhck8563 ne 0

FRY9C

20180630

99991231

No Change

HI

Quality

5264

HI-Mem6j

BHCK8564

FRY9C

20180630

99991231

No Change

HI

Intraseries

5276

HI-Mem6j

BHCK8564

If financial data is not equal to null or zero, then
text data should not be null.
For June, September, and December, if the sum
of HI-Mem6a through HI-Mem6j (previous) is
greater than zero, then the sum of HI-Mem6a
through HI-Mem6j (current) should be greater
than zero.

if bhck8564 ne null and bhck8564 ne 0 then
text8564 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckc013-q2 + bhckc014-q2 +
bhckc016-q2 + bhck4042-q2 + bhckc015-q2 + +
bhckf555-q2 + bhckt047 -q2 + bhck8562-q2 +
bhck8563-q2 + bhck8564-q2) gt 0 then
((bhckc013-q1 + bhckc014-q1 + bhckc016-q1 +
bhck4042-q1 + bhckc015-q1 + bhckf555-q1 +
bhck8562-q1 + bhckt047-q1 + bhck8563-q1 +
bhck8564-q1) gt 0)

FRY9C

20180630

99991231

No Change

HI

Quality

5265

HI-Mem6jTX

TEXT8564

If text data is not equal to null, then financial
data should not equal null or zero.

if text8564 ne null then bhck8564 ne null and
bhck8564 ne 0

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI
HI
HI

Quality
Quality
Quality

9200
9200
9200

HI-Mem7a
HI-Mem7b
HI-Mem7c

BHCKC017
BHCK0497
BHCK4136

HI-Mem7a should not be null.
HI-Mem7b should not be null.
HI-Mem7c should not be null.

bhckc017 ne null
bhck0497 ne null
bhck4136 ne null

September 2018

Alg Edit Test

For March, if HI-Mem5 is greater than zero,
if (mm-q1 eq 03) and (bhck4150 gt 0) then
then HI-7a divided by HI-Mem5 should be in the ((bhck4135 / bhck4150) ge 4 and (bhck4135 /
range of $4 - $50 thousand.
bhck4150) le 50)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4150-q1 gt 0 and bhck4135-q2 gt
0) then ((bhck4135-q1 - bhck4135-q2) /
bhck4150-q1) ge 4 and ((bhck4135-q1 bhck4135-q2) / bhck4150-q1) le 50
bhck4150 ne null and bhck4150 ge 0
bhckc013 ne null
bhckc014 ne null
bhckc016 ne null
bhck4042 ne null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhckc015 ne null
bhckf555 ne null
bhckt047 ne null
if bhck8562 ne null and bhck8562 ne 0 then
text8562 ne null
if text8562 ne null then bhck8562 ne null and
bhck8562 ne 0

FR Y-9C: EDIT-7 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Effective
End Date
99991231
99991231
99991231
99991231

Edit Change

Schedule

Edit Type

FRY9C
FRY9C
FRY9C
FRY9C

Effective Start
Date
20150331
20150331
20150331
20160930

TargetItem

Quality
Quality
Quality
Quality

Edit
Number
9200
9200
9200
9200

HI-Mem7d
HI-Mem7e
HI-Mem7f
HI-Mem7g

MDRM
Number
BHCKC018
BHCK8403
BHCK4141
BHCK4146

No Change
No Change
No Change
No Change

HI
HI
HI
HI

FRY9C
FRY9C
FRY9C

20160930
20160930
20160930

99991231
99991231
99991231

No Change
No Change
No Change

HI
HI
HI

Quality
Quality
Quality

9200
9200
5280

HI-Mem7l
HI-Mem7m
HI-Mem7n

BHCKY923
BHCKY924
BHCK8565

FRY9C

20160930

99991231

No Change

HI

Quality

5281

HI-Mem7nTX

TEXT8565

FRY9C

20160930

99991231

No Change

HI

Quality

5282

HI-Mem7o

BHCK8566

FRY9C

20160930

99991231

No Change

HI

Quality

5283

HI-Mem7oTX

TEXT8566

FRY9C

20160930

99991231

No Change

HI

Quality

5284

HI-Mem7p

BHCK8567

FRY9C

20160930

99991231

No Change

HI

Quality

5295

HI-Mem7p

BHCK8567

FRY9C

20160930

99991231

No Change

HI

Intraseries

5297

HI-Mem7p

FRY9C

20160930

99991231

No Change

HI

Quality

5285

FRY9C

20160930

99991231

No Change

HI

Quality

FRY9C

20160930

99991231

No Change

HI

FRY9C

20160930

99991231

No Change

HI

September 2018

Edit Test

Alg Edit Test

HI-Mem7d should not be null.
HI-Mem7e should not be null.
HI-Mem7f should not be null.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HI-Mem7g should not be null.
HI-Mem7l should not be null.
HI-Mem7m should not be null.
If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

bhckc018 ne null
bhck8403 ne null
bhck4141 ne null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck4146 ne null
bhcky923 ne null
bhcky924 ne null
if bhck8565 ne null and bhck8565 ne 0 then
text8565 ne null
if text8565 ne null then bhck8565 ne null and
bhck8565 ne 0

If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhck8566 ne null and bhck8566 ne 0 then
text8566 ne null
if text8566 ne null then bhck8566 ne null and
bhck8566 ne 0

If financial data is not equal to null or zero, then
text data should not be null.
The sum of HI-Mem7a through HI-Mem7p
should be less than or equal to HI-7d.

if bhck8567 ne null and bhck8567 ne 0 then
text8567 ne null
(bhckc017 + bhck0497 + bhck4136 + bhckc018
+ bhck8403 + bhck4141 + bhck4146 + bhckf556
+ bhckf557 + bhckf558 + bhckf559 + bhcky923+
bhcky924+ bhck8565 + bhck8566 + bhck8567)
le bhck4092

BHCK8567

For June, September, and December, if the sum
of HI-Mem7a through HI-Mem7p (previous) is
greater than zero, then the sum of HI-Mem7a
through HI-Mem7p (current) should be greater
than zero.

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckc017-q2 + bhck0497-q2 +
bhck4136-q2 + bhckc018-q2 + bhck8403-q2 +
bhck4141-q2 + bhck4146-q2 + bhckf556-q2 +
bhckf557-q2 + bhckf558-q2 + bhckf559-q2 +
bhcky923 -q2 + bhcky924-q2 + bhck8565-q2 +
bhck8566-q2 + bhck8567-q2 ) gt 0 then
((bhckc017-q1 + bhck0497-q1 + bhck4136-q1 +
bhckc018-q1 + bhck8403-q1 + bhck4141-q1 +
bhck4146-q1 + bhckf556-q1 + bhckf557-q1 +
bhckf558-q1 + bhckf559-q1 + bhcky923-q1 +
bhcky924-q1+ bhck8565-q1 + bhck8566-q1 +
bhck8567-q1) gt 0)

HI-Mem7pTX

TEXT8567

If text data is not equal to null, then financial
data should not equal null or zero.

if text8567 ne null then bhck8567 ne null and
bhck8567 ne 0

5300

HI-Mem8a1

BHCKFT29

Quality

5301

HI-Mem8a1TX TEXTFT29

If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckft29 ne null and bhckft29 ne 0 then
textft29 ne null
if textft29 ne null then bhckft29 ne null and
bhckft29 ne 0

Quality

5306

HI-Mem8a1

If HI Mem8a1 is not equal to zero or null, then
HI Mem8a2 should not equal zero or null.

if bhckft29 ne 0 and bhckft29 ne null then
bhckft30 ne 0 and bhckft30 ne null

BHCKFT29

FR Y-9C: EDIT-8 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
5307

Edit Test

Alg Edit Test

HI-Mem8a2

MDRM
Number
BHCKFT30

No Change

HI

If HI Mem8a2 is not equal to zero or null, then
HI Mem 8a1 should not equal zero or null.

if bhckft30 ne 0 and bhckft30 ne null then
bhckft29 ne 0 and bhckft29 ne null

FRY9C

20160930

99991231

No Change

HI

Quality

5302

HI-Mem8b1

BHCKFT31

Quality

5308

HI-Mem8b1

BHCKFT31

If financial data is not equal to null or zero, then
text data should not be null.
If HI Mem8b1 is not equal to zero or null, then
HI Mem8b2 should not equal zero or null.

if bhckft31 ne null and bhckft31 ne 0 then
textft31 ne null
if bhckft31 ne 0 and bhckft31 ne null then
bhckft32 ne 0 and bhckft32 ne null

FRY9C

20160930

99991231

No Change

HI

FRY9C

20160930

99991231

No Change

HI

Quality

5309

HI-Mem8b2

BHCKFT32

If HI Mem8b2 is not equal to zero or null, then
HI Mem 8b1 should not equal zero or null.

if bhckft32 ne 0 and bhckft32 ne null then
bhckft31 ne 0 and bhckft31 ne null

FRY9C

20160930

99991231

No Change

HI

Quality

5303

HI-Mem8b1TX TEXTFT31

If text data is not equal to null, then financial
data should not equal null or zero.

if textft31 ne null then bhckft31 ne null and
bhckft31 ne 0

FRY9C

20150331

99991231

No Change

HI

Intraseries

5372

HI-Mem9a

BHCK8757

For June, September, and December, if HIif ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
Mem9a (previous) is not equal to zero, then HI- 12) and (bhck8757-q2 ne 0)) then (bhck8757-q1
Mem9a (current) should not equal zero.
ne 0)

FRY9C

20150331

99991231

No Change

HI

Intraseries

5373

HI-Mem9b

BHCK8758

For June, September, and December, if HIif ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
Mem9b (previous) is not equal to zero, then HI- 12) and (bhck8758-q2 ne 0)) then (bhck8758-q1
Mem9b (current) should not equal zero.
ne 0)

FRY9C

20150331

99991231

No Change

HI

Intraseries

5375

HI-Mem9c

BHCK8759

For June, September, and December, if HIif ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
Mem9c (previous) is not equal to zero, then HI- 12) and (bhck8759-q2 ne 0)) then (bhck8759-q1
Mem9c (current) should not equal zero.
ne 0)

FRY9C

20150331

99991231

No Change

HI

Intraseries

5378

HI-Mem9d

BHCK8760

For June, September, and December, if HIif ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
Mem9d (previous) is not equal to zero, then HI- 12) and (bhck8760-q2 ne 0)) then (bhck8760-q1
Mem9d (current) should not equal zero.
ne 0)

FRY9C

20180331

99991231

No Change

HI

Intraseries

5371

HI-Mem9e

BHCKF186

If HC-K4a (for any quarter of the preceding
calendar year) is greater than or equal to $10
million, and HI-5c(current) is not equal to zero,
then the sum of HI-Mem9a through HI-Mem9e
should not equal zero.

FRY9C

20150331

99991231

No Change

HI

Intraseries

5379

HI-Mem9e

BHCKF186

September 2018

if (((mm-q1 eq 03) and (bhck3401-q2 ge 10000
or bhck3401-q3 ge 10000 or bhck3401-q4 ge
10000 or bhck3401-q5 ge 10000)) or ((mm-q1
eq 06) and (bhck3401-q3 ge 10000 or bhck3401q4 ge 10000 or bhck3401-q5 ge 10000 or
bhck3401-q6 ge 10000)) or ((mm-q1 eq 09) and
(bhck3401-q4 ge 10000 or bhck3401-q5 ge
10000 or bhck3401-q6 ge 10000 or bhck3401q7 ge 10000)) or ((mm-q1 eq 12) and
(bhck3401-q5 ge 10000 or bhck3401-q6 ge
10000 or bhck3401-q7 ge 10000 or bhck3401q8 ge 10000))) and (bhcka220-q1 ne 0) then
(bhck8757-q1 + bhck8758-q1 + bhck8759-q1 +
bhck8760-q1 + bhckf186-q1) ne 0
For June, September, and December, if HIif ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
Mem9e (previous) is not equal to zero, then HI- 12) and (bhckf186-q2 ne 0)) then (bhckf186-q1
Mem9e (current) should not equal zero.
ne 0)

FR Y-9C: EDIT-9 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
0425

Edit Test

HI-Mem9g

MDRM
Number
BHCKK094

No Change

HI

FRY9C

20180331

99991231

No Change

HI

Quality

9200

HI-Mem10a

BHCKC889

If previous year June HC-12 is greater than or
equal to $10 billion, then HI-Mem10a should
not be null, else HI-Mem10a should be null.

FRY9C

20180331

99991231

No Change

HI

Quality

9200

HI-Mem10b

BHCKC890

FRY9C

20150331

99991231

No Change

HI

Intraseries

5381

HI-Mem11

BHCKA251

FRY9C

20150331

99991231

No Change

HI

Quality

9205

HI-Mem11

BHCKA251

FRY9C

20150331

99991231

No Change

HI

Intraseries

5387

HI-Mem12a

BHCK8431

FRY9C

20150331

99991231

No Change

HI

Intraseries

5390

HI-Mem12a

FRY9C

20150331

99991231

No Change

HI

Intraseries

9205

FRY9C

20150331

99991231

No Change

HI

Quality

FRY9C

20150331

99991231

No Change

HI

Intraseries

September 2018

Alg Edit Test

For June, September, and December, if HIif ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
Mem9g (previous) is not equal to zero, then HI- 12) and (bhckk094-q2 ne 0)) then (bhckk094-q1
Mem9g (current) should not equal zero.
ne 0)
if (mm-q1 eq 03 and bhck2170-q4 ge
10000000) or (mm-q1 eq 06 and bhck2170-q5
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000) then bhckc889 ne
null else bhckc889 eq null
If previous year June HC-12 is greater than or
if (mm-q1 eq 03 and bhck2170-q4 ge
equal to $10 billion, then HI-Mem10b should
10000000) or (mm-q1 eq 06 and bhck2170-q5
not be null, else HI-Mem10b should be null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000) then bhckc890 ne
null else bhckc890 eq null
For June, September, and December, if HIif ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
Mem11 (previous) is greater than zero, then HI- 12) and (bhcka251-q2 gt 0)) then (bhcka251-q1
Mem11 (current) should be greater than zero. gt 0)
HI-Mem11 should not be null and should not be
negative.
If previous year June HC-12 is greater than or
equal to $1 billion and HC-M16 is greater than
$100 thousand, then HI-Mem12a should be
greater than zero.

bhcka251 ne null and bhcka251 ge 0

BHCK8431

If previous year June HC-12 is greater than or
equal to $1 billion, then HI-Mem12a should be
less than or equal to the sum of HI-5d1, HI-5d2,
HI-5d3, and HI-5d5 (+$10k).

if ((mm-q1 eq 03 and bhck2170-q4 ge 1000000)
or (mm-q1 eq 06 and bhck2170-q5 ge 1000000)
or (mm-q1 eq 09 and bhck2170-q6 ge 1000000)
or (mm-q1 eq 12 and bhck2170-q7 ge 1000000)
then bhck8431 le ((bhckc886 + bhckc888 +
bhckc887 + bhckc387) + 10)

HI-Mem12a

BHCK8431

If previous year June HC-12 is greater than or
if (mm-q1 eq 03 and bhck2170-q4 ge 1000000)
equal to $1 billion, then HI-Mem12a should not or (mm-q1 eq 06 and bhck2170-q5 ge 1000000)
be null and should not be negative.
or (mm-q1 eq 09 and bhck2170-q6 ge 1000000)
or (mm-q1 eq 12 and bhck2170-q7 ge 1000000)
then bhck8431 ne null and bhck8431 ge 0

9205

HI-Mem12b1

BHCKC242

5395

HI-Mem12b2

BHCKC243

HI-Mem12b1 should not be null and should not
be negative.
For June, September, and December, the sum
of HI-Mem12b1 and HI-Mem12b2 (current)
should be greater than or equal to the sum of
HI-Mem12b1 and HI-Mem12b2 (previous).

if ((mm-q1 eq 03 and bhck2170-q4 ge 1000000)
or (mm-q1 eq 06 and bhck2170-q5 ge 1000000)
or (mm-q1 eq 09 and bhck2170-q6 ge 1000000)
or (mm-q1 eq 12 and bhck2170-q7 ge 1000000)
and (bhckb570 gt 100)) then (bhck8431 gt 0)

bhckc242 ne null and bhckc242 ge 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc242-q1 + bhckc243-q1) ge
(bhckc242-q2 + bhckc243-q2)

FR Y-9C: EDIT-10 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
5399

HI-Mem12b2

MDRM
Number
BHCKC243

No Change

HI

FRY9C

20150331

99991231

No Change

HC-I

Quality

6170

HI-Mem12b2

BHCKC243

FRY9C

20150331

99991231

No Change

HC-I

Quality

6172

HI-Mem12b2

BHCKC243

FRY9C

20150331

99991231

No Change

HC-I

Quality

6175

HI-Mem12b2

BHCKC243

FRY9C

20150331

99991231

No Change

HI

Quality

9205

HI-Mem12b2

BHCKC243

FRY9C

20150331

99991231

No Change

HC-I

Quality

6176

HI-Mem12c

BHCKB983

FRY9C

20150331

99991231

No Change

HI

Quality

9205

HI-Mem12c

BHCKB983

FRY9C

20150331

99991231

No Change

HI

Intraseries

5400

HI-Mem13

BHCKA530

FRY9C

20150331

99991231

No Change

HI

Quality

5403

HI-Mem13

BHCKA530

FRY9C

20150331

99991231

No Change

HI

Quality

9205

HI-Mem13

BHCKA530

FRY9C

20150331

99991231

No Change

HI

Quality

0225

HI-Mem14b

BHCKF553

FRY9C

20150331

99991231

No Change

HI

Intraseries

0226

HI-Mem14b

BHCKF553

FRY9C

20150331

99991231

No Change

HI

Quality

5420

HI-Mem15

BHCKC409

FRY9C

20150331

99991231

No Change

HI

Intraseries

5421

HI-Mem15

BHCKC409

FRY9C

20150331

99991231

No Change

HI

Quality

9205

HI-Mem15

BHCKC409

September 2018

Edit Test

Alg Edit Test

If HI-Mem12c is greater than zero, then the
if bhckb983 gt 0 then (bhckc242 + bhckc243) gt
sum of HI-Mem12b1and HI-Mem12b2 should 0 and (bhckc242 + bhckc243) ne null
be greater than zero and the sum of HIMem12b1and HI-Mem12b2 should not equal
null.
If HC-I(II)2 is greater than zero, then HIif (bhckb992 gt 0) then bhckc243 gt 0 and
Mem12b2 should be greater than zero and HI- bhckc243 ne null
Mem12b2 should not be null
If HC-I(II)5 is greater than zero, then HIif (bhckb996 gt 0) then bhckc243 gt 0 and
Mem12b2 should be greater than zero and HI- bhckc243 ne null
Mem12b2 should not be null.
If the sum of HC-I(I)2, HC-I(I)5, HC-I(I)6, HCif (bhckc244 + bhckc245 + bhckc246 +
I(II)3, HC-I(II)6, HC-I(II)7, and HC-M21 is greater bhckc248 + bhckc249 + bhckc250 + bhckc253)
than zero, then the sum of HI-Mem12b1 and HI- gt 0 then (bhckc242 + bhckc243) gt 0 and
Mem12b2 should be greater than zero and the (bhckc242 + bhckc243) ne null
sum of HI-Mem12b1 and HI-Mem12b2 should
not equal null.
HI-Mem12b2 should not be null and should not
be negative.
If the sum of HI-5d4, HI-Mem12b1, HIMem12b2, HC-I(I)2, HC-I(I)5, HC-I(I)6, HC-I(II)3,
HC-I(II)6 and HC-I(II)7 is greater than $1M, then
HI-Mem12c should be greater than zero and HIMem12c should not equal null.

bhckc243 ne null and bhckc243 ge 0

HI-Mem12c should not be null and should not
be negative.
HI-Mem13 (current) should equal HI-Mem13
(previous).
If HC-F2 is greater than $500k, then HI-Mem13
should equal "0" (no) and HI-Mem13 should
not equal null.
HI-Mem13 should not be null and should not be
negative.
If HI-Mem14b is not equal to null, then the
absolute value of HI-Mem14b should be less
than or equal to the sum of HI-2f, HI-5c, HI-5f,
and HI-5l.
For June, September, and December, if HIMem14b (previous) is not equal to zero, then
the HI-Mem14b (current) should not be equal
to zero.
HI-Mem15 should be less than or equal to the
sum of HC-24 and HC-25.
If HI-Mem15 (previous) is greater than zero, the
HI-Mem15 (current) should be greater than
zero.
HI-Mem15 should not be null and should not be
negative.

bhckb983 ne null and bhckb983 ge 0

if (bhckc386 + bhckc242 + bhckc243 +
bhckc244 + bhckc245 + bhckc246 + bhckc248 +
bhckc249 + bhckc250) gt 1000 then bhckb983
gt 0 and bhckb983 ne null

(bhcka530-q1) eq (bhcka530-q2)
if bhck2148 gt 500 then bhcka530 eq 0 and
bhcka530 ne null
bhcka530 ne null and bhcka530 ge 0
if bhckf553 ne null then abs(bhckf553) le
(bhck4073 + bhcka220 + bhckb492 + bhckb497)

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and bhckf553-q2 ne 0) then bhckf553-q1 ne
0
bhckc409 le (bhck3230 + bhck3240)
if bhckc409-q2 gt 0 then bhckc409-q1 gt 0

bhckc409 ne null and bhckc409 ge 0

FR Y-9C: EDIT-11 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
5425

Edit Test

HI-Mem16

MDRM
Number
BHCKF228

No change

HI

FRY9C
FRY9C
FRY9C
FRY9C

20150331
20170331
20150331
20150331

99991231
99991231
99991231
99991231

No change
No Change
No Change
No Change

HI
HI
HI-A
HI-A

Quality
Quality
Quality
Intraseries

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-A
HI-A

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

FRY9C
FRY9C

20150331
20150331

99991231
99991231

FRY9C

20150331

FRY9C
FRY9C

9206
9206
9210
5455

HI-Mem16
HI-Mem17
HI-A1
HI-A2

BHCKF228
BHCKJ321
BHCK3217
BHCKB507

Quality
Intraseries

9210
5450

HI-A2
HI-A3

BHCKB507
BHCKB508

HI-Mem16 should not be negative.
HI‐Mem17 should not be negative.
HI-A1 should not be null.
For June, September, and December, if HI-A2
(previous) is not equal to zero, then HI-A2
(current) should not equal zero.
HI-A2 should not be null.
If HI-A15 (previous December) is greater than
zero, and HI-A9 (current) equals zero, then HIA1 (current) or HI-A3(current) should equal HIA15(previous December).

bhckf228 ge 0 or bhckf228 eq null
bhckj321 ge 0 or bhckj321 eq null
bhck3217 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckb507-q2 ne 0) then (bhckb507-q1
ne 0)
bhckb507 ne null
if (mm-q1 eq 03 and bhct3210-q2 gt 0 and
bhck4356-q1 eq 0) then (bhck3217-q1 or
bhckb508-q1) eq bhct3210-q2 or if (mm-q1 eq
06 and bhct3210-q3 gt 0 and bhck4356-q1 eq
0) then (bhck3217-q1 or bhckb508-q1) eq
bhct3210-q3 or if (mm-q1 eq 09 and bhct3210q4 gt 0 and bhck4356-q1 eq 0) then (bhck3217q1 or bhckb508-q1) eq bhct3210-q4 or if (mmq1 eq 12 and bhct3210-q5 gt 0 and bhck4356q1 eq 0) then (bhck3217-q1 or bhckb508-q1) eq
bhct3210-q5

HI-A
HI-A
HI-A

Quality
Quality
Intraseries

9210
9210
5470

HI-A3
HI-A4
HI-A5a

BHCKB508
BHCT4340
BHCK3577

No Change
No Change

HI-A
HI-A

Quality
Quality

9210
5465

HI-A5a
HI-A5b

BHCK3577
BHCK3578

bhckb508 ne null
bhct4340 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and bhck3577-q2 ne 0 then bhck3577-q1
ne 0
bhck3577 ne null
(bhck3577 + bhck3578) le bhck3283

99991231

No Change

HI-A

Intraseries

5470

HI-A5b

BHCK3578

20150331
20150331

99991231
99991231

No Change
No Change

HI-A
HI-A

Quality
Intraseries

9210
5470

HI-A5b
HI-A6a

BHCK3578
BHCK3579

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-A
HI-A

Quality
Intraseries

9210
5470

HI-A6a
HI-A6b

BHCK3579
BHCK3580

FRY9C

20150331

99991231

No Change

HI-A

Quality

5475

HI-A6b

BHCK3580

HI-A3 should not be null.
HI-A4 should not be null.
For June, September, and December, if HI-A5a
(previous) is not equal to zero, then HI-A5a
(current) should not equal zero.
HI-A5a should not be null.
Sum of HI-A5a and HI-A5b should be less than
or equal to HC-23.
For June, September, and December, if HI-A5b
(previous) is not equal to zero, then HI-A5b
(current) should not equal zero.
HI-A5b should not be null.
For June, September, and December, if HI-A6a
(previous) is not equal to zero, then HI-A6a
(current) should not equal zero.
HI-A6a should not be null.
For June, September, and December, if HI-A6b
(previous) is not equal to zero, then HI-A6b
(current) should not equal zero.
Sum of HI-A6a and HI-A6b should be less than
or equal to the sum of HC-24 and HC-25.

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-A
HI-A

Quality
Quality

9210
9220

HI-A6b
HI-A7

BHCK3580
BHCK4782

HI-A6b should not be null.
HI-A7 should not be null and should not be
negative.

bhck3580 ne null
bhck4782 ne null and bhck4782 ge 0

September 2018

Alg Edit Test

If the sum of HC-CM6b and HC-CM6c is greater if (bhckf231 + bhckf232 gt 0) then bhckf228 ne
than zero, then HI-Mem16 should not be null. null

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck3578-q2 ne 0 ) then (bhck3578-q1
ne 0)
bhck3578 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck3579-q2 ne 0 ) then (bhck3579-q1
ne 0)
bhck3579 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck3580-q2 ne 0 ) then (bhck3580-q1
ne 0)
(bhck3579 + bhck3580) le (bhck3230 +
bhck3240)

FR Y-9C: EDIT-12 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
5480

HI-A8

MDRM
Number
BHCK4783

No Change

HI-A

FRY9C

20150331

99991231

No Change

HI-A

Quality

9220

HI-A8

BHCK4783

FRY9C

20150331

99991231

No Change

HI-A

Intraseries

5485

HI-A9

BHCK4356

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-A
HI-A

Quality
Quality

9230
9240

HI-A9
HI-A10

BHCK4356
BHCK4598

FRY9C

20150331

99991231

No Change

HI-A

Quality

9240

HI-A11

BHCK4460

FRY9C

20150331

99991231

No Change

HI-A

Intraseries

5530

HI-A12

BHCKB511

FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331

99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change

HI-A
HI-A
HI-A
HI-B

Quality
Quality
Quality
Intraseries

9250
9250
9250
0001

HI-A12
HI-A13
HI-A14
HI-B(I)1a1A

BHCKB511
BHCK4591
BHCK3581
BHCKC891

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0002

HI-B(I)1a1B

BHCKC892

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0046

HI-B(I)1a2A

BHCKC893

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0047

HI-B(I)1a2B

BHCKC894

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0003

HI-B(I)1bA

BHCK3584

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0004

HI-B(I)1bB

BHCK3585

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0005

HI-B(I)1c1A

BHCK5411

September 2018

Edit Test

Alg Edit Test

For June, September, and December, if the sum
of HI-A7 and HI-A8 (previous) is not equal to
zero, then the sum of HI-A7 and HI-A8 (current)
should not be equal to zero.
HI-A8 should not be null and should not be
negative.
For June, September, and December, if HI-A9
(previous) is not equal to zero, then HI-A9
(current) should not be equal to zero.
HI-A9 should not be null.
HI-A10 should not be null and should not be
negative.
HI-A11 should not be null and should not be
negative.
For June, September, and December, if HI-A12
(previous) is not equal to zero, then HI-A12
(current) should not be equal to zero.
HI-A12 should not be null.
HI-A13 should not be null.
HI-A14 should not be null.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1a1A.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1a1B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1a2A.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1a2B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1bA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1bB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1c1A.

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and ((bhck4782-q2 + bhck4783-q2) ne 0)
then ((bhck4782-q1 + bhck4783-q1) ne 0)
bhck4783 ne null and bhck4783 ge 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q2 ne 0) then (bhck4356-q1
ne 0)
bhck4356 ne null
bhck4598 ne null and bhck4598 ge 0
bhck4460 ne null and bhck4460 ge 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckb511-q2 ne 0) then (bhckb511-q1
ne 0)
bhckb511 ne null
bhck4591 ne null
bhck3581 ne null
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc891-q1 ge bhckc891-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc892-q1 ge bhckc892-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc893-q1 ge bhckc893-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc894-q1 ge bhckc894-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck3584-q1 ge bhck3584-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck3585-q1 ge bhck3585-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck5411-q1 ge bhck5411-q2 - 2)

FR Y-9C: EDIT-13 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
0006

HI-B(I)1c1B

MDRM
Number
BHCK5412

No Change

HI-B

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0007

HI-B(I)1c2aA

BHCKC234

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0008

HI-B(I)1c2aB

BHCKC217

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0009

HI-B(I)1c2bA

BHCKC235

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0010

HI-B(I)1c2bB

BHCKC218

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0011

HI-B(I)1dA

BHCK3588

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0012

HI-B(I)1dB

BHCK3589

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0013

HI-B(I)1e1A

BHCKC895

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0014

HI-B(I)1e1B

BHCKC896

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0050

HI-B(I)1e2A

BHCKC897

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0051

HI-B(I)1e2B

BHCKC898

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0015

HI-B(I)1fA

BHCKB512

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0016

HI-B(I)1fB

BHCKB513

September 2018

Edit Test

Alg Edit Test

For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1c1B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1c2aA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1c2aB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1c2bA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1c2bB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1dA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1dB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1e1A.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1e1B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1e2A.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1e2B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1fA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)1fB.

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck5412-q1 ge bhck5412-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc234-q1 ge bhckc234-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc217-q1 ge bhckc217-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc235-q1 ge bhckc235-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc218-q1 ge bhckc218-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck3588-q1 ge bhck3588-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck3589-q1 ge bhck3589-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc895-q1 ge bhckc895-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc896-q1 ge bhckc896-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc897-q1 ge bhckc897-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc898-q1 ge bhckc898-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckb512-q1 ge bhckb512-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckb513-q1 ge bhckb513-q2 - 2)

FR Y-9C: EDIT-14 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
0021

HI-B(I)3A

MDRM
Number
BHCK4655

No Change

HI-B

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0022

HI-B(I)3B

BHCK4665

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0023

HI-B(I)4aA

BHCK4645

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0024

HI-B(I)4aB

BHCK4617

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0025

HI-B(I)4bA

BHCK4646

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0026

HI-B(I)4bB

BHCK4618

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0027

HI-B(I)5aA

BHCKB514

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0028

HI-B(I)5aB

BHCKB515

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0029

HI-B(I)5bA

BHCKK129

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0030

HI-B(I)5bB

BHCKK133

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0398

HI-B(I)5cA

BHCKK205

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0399

HI-B(I)5cB

BHCKK206

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0031

HI-B(I)6A

BHCK4643

September 2018

Edit Test

Alg Edit Test

For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)3A.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)3B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)4aA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)4aB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)4bA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)4bB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)5aA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)5aB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)5bA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)5bB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)5cA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)5cB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)6A.

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4655-q1 ge bhck4655-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4665-q1 ge bhck4665-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4645-q1 ge bhck4645-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4617-q1 ge bhck4617-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4646-q1 ge bhck4646-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4618-q1 ge bhck4618-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckb514-q1 ge bhckb514-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckb515-q1 ge bhckb515-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckk129-q1 ge bhckk129-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckk133-q1 ge bhckk133-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckk205-q1 ge bhckk205-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckk206-q1 ge bhckk206-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4643-q1 ge bhck4643-q2 - 2)

FR Y-9C: EDIT-15 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
0032

HI-B(I)6B

MDRM
Number
BHCK4627

No Change

HI-B

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0033

HI-B(I)7A

BHCK4644

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0034

HI-B(I)7B

BHCK4628

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0035

HI-B(I)8aA

BHCKF185

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0036

HI-B(I)8aB

BHCKF187

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0037

HI-B(I)8bA

BHCKC880

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0038

HI-B(I)8bB

BHCKF188

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0039

HI-B(I)Mem1A BHCK5409

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0040

HI-B(I)Mem1B BHCK5410

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0041

HI-B(I)Mem2A BHCK4652

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0042

HI-B(I)Mem2B BHCK4662

FRY9C

20150331

99991231

No Change

HI-B

Intraseries

0043

HI-B(I)Mem3

September 2018

BHCKC388

Edit Test

Alg Edit Test

For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)6B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)7A.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)7B.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)8aA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)8aB.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)8bA.
For June, September, and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)8bB.
For June, September and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)Mem1A.
For June, September and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)Mem1B.
For June, September and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)Mem2A.
For June, September and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)Mem2B.
For June, September and December, the
current period should be greater than or equal
to the previous period (minus $2k) for HIB(I)Mem3.

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4627-q1 ge bhck4627-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4644-q1 ge bhck4644-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4628-q1 ge bhck4628-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckf185-q1 ge bhckf185-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckf187-q1 ge bhckf187-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc880-q1 ge bhckc880-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckf188-q1 ge bhckf188-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck5409-q1 ge bhck5409-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck5410-q1 ge bhck5410-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4652-q1 ge bhck4652-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhck4662-q1 ge bhck4662-q2 - 2)

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then (bhckc388-q1 ge bhckc388-q2 -2)

FR Y-9C: EDIT-16 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
5550

Edit Test

HI-B(II)1

MDRM
Number
BHCKB522

No Change

HI-B

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-B
HI-B

Quality
Intraseries

FRY9C

20150331

99991231

No Change

HI-B

FRY9C

20180630

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

9290
5560

HI-B(II)6
HI-B(II)Mem1

BHCKC233
BHCKC435

Quality

5565

HI-B(II)Mem3

BHCKC390

HI-B

Quality

5569

HI-B(II)Mem3

BHCKC390

HI-B(II)6 should not be null.
bhckc233 ne null
If HI-B(II)Mem1 (previous) is greater than zero, if bhckc435-q2 gt 0 then bhckc435-q1 gt 0
then HI-B(II)Mem1 (current) should be greater
than zero.
Sum of HI-B(II)Mem1 and HI-B(II)Mem3 should (bhckc435 + bhckc390) le bhct3123
be less than or equal to HI-B(II)7.
If the sum of HC-C6aA and HC-S1C is greater
if ((bhckb538 + bhckb707) gt 500000) or
than $500 million or [the sum of (HC-C6aA and ((((bhckb538 + bhckb707) / (bhck2122 +
HC-S1C) divided by the sum of (HC-C12A and
bhckb707)) * 100 gt 50) and (((bhck2122 +
HC-S1C) is greater than 50% and the sum of (HC- bhckb707) / (bhck2170 + bhckb707)) * 100 gt
C12A and HC-S1C) divided by the sum of (HC-12 50)) then (bhckc388 + bhckc389 + bhckc390) gt
and HC-S1C) is greater than 50%], then the sum 0
of HI-B(I)Mem3, HI-B(II)Mem2 and HIB(II)Mem3 should be greater than zero.

No change

HI-B

Quality

5570

HI-B(II)Mem4

BHCKC781

99991231

No Change

HI-B

Quality

5571

HI-B(II)Mem4

BHCKC781

20150331

99991231

No Change

HI-C

Quality

7650

HI-C1aA

BHCKM708

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

9325
9325
7660

HI-C1aA
HI-C1aB
HI-C1aC

BHCKM708
BHCKM709
BHCKM710

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
7665

HI-C1aC
HI-C1aD

BHCKM710
BHCKM711

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
7670

HI-C1aD
HI-C1aE

BHCKM711
BHCKM712

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

9325
9325
7675

HI-C1aE
HI-C1aF
HI-C1bA

BHCKM712
BHCKM713
BHCKM714

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
9325

HI-C1bA
HI-C1bB

BHCKM714
BHCKM715

September 2018

Alg Edit Test

If HI-B(II)7 (previous December) is greater than if (mm-q1 eq 03 and bhct3123-q2 gt 0) then
zero, then HI-B(II)1 (current) should equal HI- (bhckb522-q1 eq bhct3123-q2) or if (mm-q1 eq
B(II)7 (previous December).
06 and bhct3123-q3 gt 0) then (bhckb522-q1 eq
bhct3123-q3) or if (mm-q1 eq 09 and bhct3123q4 gt 0) then (bhckb522-q1 eq bhct3123-q4) or
if (mm-q1 eq 12 and bhct3123-q5 gt 0) then
(bhckb522-q1 eq bhct3123-q5)

If HI-B(II)Mem4 is not equal to zero, then the
if bhckc781 ne 0 then (bhckc779 + bhckc780)
sum of HC-CM5a and HC-CM5b should not
ne 0
equal zero.
HI-B(II)Mem4 should be less than or equal to HI- bhckc781 le bhct3123
B(II)7.
If HI-C1aB and HI-C1aA are not equal to null,
if bhckm709 ne null and bhckm708 ne null then
then HI-C1aB should be less than or equal to HI- bhckm709 le bhckm708
C1aA.
HI-C1aA should not be negative.
bhckm708 ge 0 or bhckm708 eq null
HI-C1aB should not be negative.
bhckm709 ge 0 or bhckm709 eq null
HI-C1aD should be less than or equal to 10
bhckm711 le (.1 * bhckm710)
percent of HI-C1aC.
HI-C1aC should not be negative.
bhckm710 ge 0 or bhckm710 eq null
If HI-C1aC is greater than or equal to $5 million, if bhckm710 ge 5000 then bhckm711 gt 0
then HI-C1aD should be greater than 0.
HI-C1aD should not be negative.
HI-C1aF should be less than or equal to 20
percent of HI-C1aE.
HI-C1aE should not be negative.
HI-C1aF should not be negative.
If HI-C1bB and HI-C1bA are not equal to null,
then HI-C1bB should be less than or equal to HIC1bA.
HI-C1bA should not be negative.
HI-C1bB should not be negative.

bhckm711 ge 0 or bhckm711 eq null
bhckm713 le (.2 * bhckm712)
bhckm712 ge 0 or bhckm712 eq null
bhckm713 ge 0 or bhckm713 eq null
if bhckm715 ne null and bhckm714 ne null then
bhckm715 le bhckm714
bhckm714 ge 0 or bhckm714 eq null
bhckm715 ge 0 or bhckm715 eq null

FR Y-9C: EDIT-17 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
7685

HI-C1bC

MDRM
Number
BHCKM716

No Change

HI-C

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
7690

HI-C1bC
HI-C1bD

BHCKM716
BHCKM717

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
7695

HI-C1bD
HI-C1bE

BHCKM717
BHCKM719

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

9325
9325
7700

HI-C1bE
HI-C1bF
HI-C1cA

BHCKM719
BHCKM720
BHCKM721

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

9325
9325
7705

HI-C1cA
HI-C1cB
HI-C1cC

BHCKM721
BHCKM722
BHCKM723

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
7710

HI-C1cC
HI-C1cD

BHCKM723
BHCKM724

FRY9C
FRY9C

20150331
20180630

99991231
99991231

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
7715

HI-C1cD
HI-C1cE

FRY9C

20150331

99991231

No Change

HI-C

Quality

7720

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

FRY9C
FRY9C

20150331
20150331

99991231
99991231

FRY9C
FRY9C

20150331
20150331

99991231
99991231

September 2018

Edit Test

Alg Edit Test

HI-C1bD should be less than or equal to 10
bhckm717 le (.1 * bhckm716)
percent of HI-C1bC.
HI-C1bC should not be negative.
bhckm716 ge 0 or bhckm716 eq null
If HI-C1bC is greater than or equal to $5 million, if bhckm716 ge 5000 then bhckm717 gt 0
then HI-C1bD should be greater than 0.
HI-C1bD should not be negative.
HI-C1bF should be less than or equal to 20
percent of HI-C1bE.
HI-C1bE should not be negative.
HI-C1bF should not be negative.
If HI-C1cB and HI-C1cA are not equal to null,
then HI-C1cB should be less than or equal to HIC1cA.
HI-C1cA should not be negative.
HI-C1cB should not be negative.
HI-C1cD should be less than or equal to 10
percent of HI-C1cC.
HI-C1cC should not be negative.
If HI-C1cC is greater than or equal to $5 million,
then HI-C1cD should be greater than 0.

bhckm717 ge 0 or bhckm717 eq null
bhckm720 le (.2 * bhckm719)

BHCKM724
BHCKM725

HI-C1cD should not be negative.
HC-C1 should be greater than or equal to the
sum of HI-C1aA, HI-C1aC, HI-C1aE, HI-C1bA, HIC1bC, HI-C1bE, HI-C1cA, HI-C1cC, and HI-C1cE .

HI-C1cE

BHCKM725

9325
9325
7725

HI-C1cE
HI-C1cF
HI-C2A

BHCKM725
BHCKM726
BHCKM727

HI-C1cF should be less than or equal to 20
percent of HI-C1cE.
HI-C1cE should not be negative.
HI-C1cF should not be negative.
If HI-C2B and HI-C2A are not equal to null, then
HI-C2B should be less than or equal to HI-C2A.

bhckm724 ge 0 or bhckm724 eq null
bhck1410 ge (bhckm708 + bhckm710 +
bhckm712 + bhckm714 + bhckm716 +
bhckm719 + bhckm721 + bhckm723 +
bhckm725)
bhckm726 le (.2 * bhckm725)

Quality
Quality
Quality

9325
9325
7730

HI-C2A
HI-C2B
HI-C2C

BHCKM727
BHCKM728
BHCKM729

HI-C
HI-C

Quality
Quality

9325
7735

HI-C2C
HI-C2D

BHCKM729
BHCKM730

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
7745

HI-C2D
HI-C2E

BHCKM730
BHCKM731

No Change
No Change

HI-C
HI-C

Quality
Quality

9325
9325

HI-C2E
HI-C2F

BHCKM731
BHCKM732

bhckm719 ge 0 or bhckm719 eq null
bhckm720 ge 0 or bhckm720 eq null
if bhckm722 ne null and bhckm721 ne null then
bhckm722 le bhckm721
bhckm721 ge 0 or bhckm721 eq null
bhckm722 ge 0 or bhckm722 eq null
bhckm724 le (.1 * bhckm723)
bhckm723 ge 0 or bhckm723 eq null
if bhckm723 ge 5000 then bhckm724 gt 0

bhckm725 ge 0 or bhckm725 eq null
bhckm726 ge 0 or bhckm726 eq null
if bhckm728 ne null and bhckm727 ne null then
bhckm728 le bhckm727

HI-C2A should not be negative.
HI-C2B should not be negative.
HI-C2D should be less than or equal to 10
percent of HI-C2C.
HI-C2C should not be negative.
If HI-C2C is greater than or equal to $5 million,
then HI-C2D should be greater than 0.

bhckm727 ge 0 or bhckm727 eq null
bhckm728 ge 0 or bhckm728 eq null
bhckm730 le (.1 * bhckm729)

HI-C2D should not be negative.
HI-C2F should be less than or equal to 20
percent of HI-C2E.
HI-C2E should not be negative.
HI-C2F should not be negative.

bhckm730 ge 0 or bhckm730 eq null
bhckm732 le (.2 * bhckm731)

bhckm729 ge 0 or bhckm729 eq null
if bhckm729 ge 5000 then bhckm730 gt 0

bhckm731 ge 0 or bhckm731 eq null
bhckm732 ge 0 or bhckm732 eq null

FR Y-9C: EDIT-18 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
7750

Edit Test

HI-C3A

MDRM
Number
BHCKM733

No Change

HI-C

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HI-C
HI-C

FRY9C
FRY9C

20150331
20180630

99991231
99991231

No Change
No Change

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

FRY9C
FRY9C
FRY9C

9325
9325
7755

HI-C3A
HI-C3B
HI-C3C

BHCKM733
BHCKM734
BHCKM735

bhckm733 ge 0 or bhckm733 eq null
bhckm734 ge 0 or bhckm734 eq null
bhckm736 le (.1 * bhckm735)

Quality
Quality

9325
7760

HI-C3C
HI-C3D

BHCKM735
BHCKM736

HI-C3A should not be negative.
HI-C3B should not be negative.
HI-C3D should be less than or equal to 10
percent of HI-C3C.
HI-C3C should not be negative.
If HI-C3C is greater than or equal to $5 million,
then HI-C3D should be greater than 0.

HI-C
HI-C

Quality
Quality

9325
7765

HI-C3D
HI-C3E

BHCKM736
BHCKM737

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

9325
9325
7775

HI-C3E
HI-C3F
HI-C4A

BHCKM737
BHCKM738
BHCKM739

HI-C3D should not be negative.
HC-C6aA should be greater than or equal to the
sum of HI-C3A, HI-C3C, and HI-C3E.
HI-C3E should not be negative.
HI-C3F should not be negative.
If HI-C4B and HI-C4A are not equal to null, then
HI-C4B should be less than or equal to HI-C4A.

bhckm736 ge 0 or bhckm736 eq null
bhckb538 ge (bhckm733 + bhckm735 +
bhckm737)
bhckm737 ge 0 or bhckm737 eq null
bhckm738 ge 0 or bhckm738 eq null
if bhckm740 ne null and bhckm739 ne null then
bhckm740 le bhckm739

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

9325
9325
7780

HI-C4A
HI-C4B
HI-C4C

BHCKM739
BHCKM740
BHCKM741

bhckm739 ge 0 or bhckm739 eq null
bhckm740 ge 0 or bhckm740 eq null
bhckm742 le (.1 * bhckm741)

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

HI-C
HI-C
HI-C

Quality
Quality
Quality

9325
9325
7795

HI-C4C
HI-C4D
HI-C4E

BHCKM741
BHCKM742
BHCKM743

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331
20150331
20150331

99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change

HI-C
HI-C
HI-C
NIS-P
NIS-P
NIS-P

Quality
Quality
Quality
Quality
Quality
Quality

9325
9325
9325
9330
9330
5574

HI-C4E
HI-C4F
HI-C5D
NIS-P1
NIS-P1a
NIS-P1b

BHCKM743
BHCKM744
BHCKM745
BHBC4107
BHBC4094
BHBC4218

FRY9C
FRY9C
FRY9C

20150331
20150331
20160930

99991231
99991231
99991231

No Change
No Change
No Change

NIS-P
NIS-P
NIS-P

Quality
Quality
Quality

9330
9330
5579

NIS-P1b
NIS-P2
NIS-P2a

BHBC4218
BHBC4073
BHBC4421

FRY9C

20160930

99991231

No Change

NIS-P

Quality

9330

NIS-P2a

BHBC4421

HI-C4A should not be negative.
HI-C4B should not be negative.
HI-C4D should be less than or equal to 10
percent of HI-C4C.
HI-C4C should not be negative.
HI-C4D should not be negative.
HI-C4F should be less than or equal to 20
percent of HI-C4E.
HI-C4E should not be negative.
HI-C4F should not be negative.
HI-C5D should not be negative.
NIS-P1 should not be negative.
NIS-P1a should not be negative.
Sum of NIS-P1a and NIS-P1b should be less than
or equal to NIS-P1.
NIS-P1b should not be negative.
NIS-P2 should not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, NIS-P2a should be less than or equal to
NIS-P2.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, NIS-P2a should not be negative.

FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331

99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change

NIS-P
NIS-P
NIS-P
NIS-P

Quality
Quality
Quality
Quality

5584
9330
9330
9330

NIS-P3
NIS-P5
NIS-P5a
NIS-P5b

BHBC4074
BHBC4079
BHBC4070
BHBCA220

NIS-P1 minus NIS-P2 should equal NIS-P3.
NIS-P5 should not be negative.
NIS-P5a should not be negative.
NIS-P5b should not be negative.

(bhbc4107 - bhbc4073) eq bhbc4074
bhbc4079 ge 0 or bhbc4079 eq null
bhbc4070 ge 0 or bhbc4070 eq null
bhbca220 ge 0 or bhbca220 eq null

September 2018

Alg Edit Test

If HI-C3B and HI-C3A are not equal to null, then if bhckm734 ne null and bhckm733 ne null then
HI-C3B should be less than or equal to HI-C3A. bhckm734 le bhckm733

bhckm735 ge 0 or bhckm735 eq null
if bhckm735 ge 5000 then bhckm736 gt 0

bhckm741 ge 0 or bhckm741 eq null
bhckm742 ge 0 or bhckm742 eq null
bhckm744 le (.2 * bhckm743)
bhckm743 ge 0 or bhckm743 eq null
bhckm744 ge 0 or bhckm744 eq null
bhckm745 ge 0 or bhckm745 eq null
bhbc4107 ge 0 or bhbc4107 eq null
bhbc4094 ge 0 or bhbc4094 eq null
(bhbc4094 + bhbc4218) le bhbc4107
bhbc4218 ge 0 or bhbc4218 eq null
bhbc4073 ge 0 or bhbc4073 eq null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhbc4421 le bhbc4073
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhbc4421 ge 0 or bhbc4421 eq null

FR Y-9C: EDIT-19 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
5589

No Change

NIS-P

FRY9C
FRY9C
FRY9C

20150331
20150331
20150331

99991231
99991231
99991231

No Change
No Change
No Change

NIS-P
NIS-P
NIS-P

Quality
Quality
Quality

FRY9C

20160930

99991231

No Change

NIS-P

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

NIS-P
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other

FRY9C

September 2018

Edit Test

NIS-P5f

MDRM
Number
BHBCB494

Alg Edit Test

9330
9330
5594

NIS-P7
NIS-P7a
NIS-P7b

BHBC4093
BHBC4135
BHBCC216

bhbc4093 ge 0 or bhbc4093 eq null
bhbc4135 ge 0 or bhbc4135 eq null
(bhbc4135 + bhbcc216) le bhbc4093

Quality

5604

NIS-P12

BHCKFT41

Quality
Quality

9330
0398

NIS-P13
IN1

BHBC4475
BHCK5351

NIS-P7 should not be negative.
NIS-P7a should not be negative.
Sum of NIS-P7a and NIS-P7b should be less than
or equal to NIS-P7.
NIS-P8 minus the sum of NIS-P9 through NISP11 should equal NIS-P12.
NIS-P13 should not be negative.
If financial data is not equal to null or zero, then
text data should not be null.

Quality

0399

IN1TX

TEXT5351

If text data is not equal to null, then financial
data should not equal null or zero.

if text5351 ne null then bhck5351 ne null and
bhck5351 ne 0

Quality

5622

IN2

BHCK5352

If financial data is not equal to null or zero, then if bhck5352 ne null and bhck5352 ne 0 then
text data should not be null.
text5352 ne null

Quality

5623

IN2TX

TEXT5352

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5624

IN3

BHCK5353

If financial data is not equal to null or zero, then if bhck5353 ne null and bhck5353 ne 0 then
text data should not be null.
text5353 ne null

Quality

5625

IN3TX

TEXT5353

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5626

IN4

BHCK5354

If financial data is not equal to null or zero, then if bhck5354 ne null and bhck5354 ne 0 then
text data should not be null.
text5354 ne null

Quality

5627

IN4TX

TEXT5354

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5628

IN5

BHCK5355

If financial data is not equal to null or zero, then if bhck5355 ne null and bhck5355 ne 0 then
text data should not be null.
text5355 ne null

Quality

5629

IN5TX

TEXT5355

If text data is not equal to null, then financial
data should not equal null or zero.

Sum of NIS-P5a through NIS-P5f should be less (bhbc4070 + bhbca220 + bhbcb490 + bhbcb491
than or equal to NIS-P5.
+ bhbcb493 + bhbcb494) le bhbc4079

bhbc4301 - (bhbc4302 + bhbc4484 + bhckft41)
eq bhbc4340
bhbc4475 ge 0 or bhbc4475 eq null
if bhck5351 ne null and bhck5351 ne 0 then
text5351 ne null

if text5352 ne null then bhck5352 ne null and
bhck5352 ne 0

if text5353 ne null then bhck5353 ne null and
bhck5353 ne 0

if text5354 ne null then bhck5354 ne null and
bhck5354 ne 0

if text5355 ne null then bhck5355 ne null and
bhck5355 ne 0

FR Y-9C: EDIT-20 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other

September 2018

TargetItem

Quality

Edit
Number
5630

Edit Test

IN6

MDRM
Number
BHCKB042

Quality

Alg Edit Test

5631

IN6TX

TEXTB042

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5632

IN7

BHCKB043

If financial data is not equal to null or zero, then if bhckb043 ne null and bhckb043 ne 0 then
text data should not be null.
textb043 ne null

Quality

5633

IN7TX

TEXTB043

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5634

IN8

BHCKB044

If financial data is not equal to null or zero, then if bhckb044 ne null and bhckb044 ne 0 then
text data should not be null.
textb044 ne null

Quality

5635

IN8TX

TEXTB044

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5636

IN9

BHCKB045

If financial data is not equal to null or zero, then if bhckb045 ne null and bhckb045 ne 0 then
text data should not be null.
textb045 ne null

Quality

5637

IN9TX

TEXTB045

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5638

IN10

BHCKB046

If financial data is not equal to null or zero, then if bhckb046 ne null and bhckb046 ne 0 then
text data should not be null.
textb046 ne null

Quality

5639

IN10TX

TEXTB046

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5640

IN11

BHCKB047

If financial data is not equal to null or zero, then if bhckb047 ne null and bhckb047 ne 0 then
text data should not be null.
textb047 ne null

Quality

5641

IN11TX

TEXTB047

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5642

IN12

BHCKB048

If financial data is not equal to null or zero, then if bhckb048 ne null and bhckb048 ne 0 then
text data should not be null.
textb048 ne null

If financial data is not equal to null or zero, then if bhckb042 ne null and bhckb042 ne 0 then
text data should not be null.
textb042 ne null

if textb042 ne null then bhckb042 ne null and
bhckb042 ne 0

if textb043 ne null then bhckb043 ne null and
bhckb043 ne 0

if textb044 ne null then bhckb044 ne null and
bhckb044 ne 0

if textb045 ne null then bhckb045 ne null and
bhckb045 ne 0

if textb046 ne null then bhckb046 ne null and
bhckb046 ne 0

if textb047 ne null then bhckb047 ne null and
bhckb047 ne 0

FR Y-9C: EDIT-21 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other

September 2018

TargetItem

Quality

Edit
Number
5643

Edit Test

Alg Edit Test

IN12TX

MDRM
Number
TEXTB048

If text data is not equal to null, then financial
data should not equal null or zero.

if textb048 ne null then bhckb048 ne null and
bhckb048 ne 0

Quality

5644

IN13

BHCKB049

If financial data is not equal to null or zero, then if bhckb049 ne null and bhckb049 ne 0 then
text data should not be null.
textb049 ne null

Quality

5645

IN13TX

TEXTB049

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5646

IN14

BHCKB050

If financial data is not equal to null or zero, then if bhckb050 ne null and bhckb050 ne 0 then
text data should not be null.
textb050 ne null

Quality

5647

IN14TX

TEXTB050

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5648

IN15

BHCKB051

If financial data is not equal to null or zero, then if bhckb051 ne null and bhckb051 ne 0 then
text data should not be null.
textb051 ne null

Quality

5649

IN15TX

TEXTB051

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5650

IN16

BHCKB052

If financial data is not equal to null or zero, then if bhckb052 ne null and bhckb052 ne 0 then
text data should not be null.
textb052 ne null

Quality

5651

IN16TX

TEXTB052

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5652

IN17

BHCKB053

If financial data is not equal to null or zero, then if bhckb053 ne null and bhckb053 ne 0 then
text data should not be null.
textb053 ne null

Quality

5653

IN17TX

TEXTB053

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5654

IN18

BHCKB054

If financial data is not equal to null or zero, then if bhckb054 ne null and bhckb054 ne 0 then
text data should not be null.
textb054 ne null

Quality

5655

IN18TX

TEXTB054

If text data is not equal to null, then financial
data should not equal null or zero.

if textb049 ne null then bhckb049 ne null and
bhckb049 ne 0

if textb050 ne null then bhckb050 ne null and
bhckb050 ne 0

if textb051 ne null then bhckb051 ne null and
bhckb051 ne 0

if textb052 ne null then bhckb052 ne null and
bhckb052 ne 0

if textb053 ne null then bhckb053 ne null and
bhckb053 ne 0

if textb054 ne null then bhckb054 ne null and
bhckb054 ne 0

FR Y-9C: EDIT-22 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

Edit Test

IN19

MDRM
Number
BHCKB055

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
Notes to the
Income
Statement Other
HC

5657

IN19TX

TEXTB055

If text data is not equal to null, then financial
data should not equal null or zero.

Quality

5658

IN20

BHCKB056

If financial data is not equal to null or zero, then if bhckb056 ne null and bhckb056 ne 0 then
text data should not be null.
textb056 ne null

Quality

5659

IN20TX

TEXTB056

If text data is not equal to null, then financial
data should not equal null or zero.

if textb056 ne null then bhckb056 ne null and
bhckb056 ne 0

Quality

9340

HC-1a

BHCK0081

bhck0081 ne null and bhck0081 ge 0

HC

Quality

9340

HC-1b1

BHCK0395

No Change

HC

Quality

9340

HC-1b2

BHCK0397

99991231

No Change

HC

Quality

9340

HC-2a

BHCK1754

20150331

99991231

No Change

HC

Quality

9340

HC-2b

BHCK1773

FRY9C

20160930

99991231

No Change

HC

Quality

9340

HC-3a

BHDMB987

FRY9C

20150331

99991231

No Change

HC

Quality

9340

HC-3b

BHCKB989

FRY9C

20150331

99991231

No Change

HC

Intraseries

5710

HC-4a

BHCK5369

FRY9C

20150331

99991231

No Change

HC

Quality

9340

HC-4a

BHCK5369

FRY9C

20150331

99991231

No Change

HC

Quality

9340

HC-4b

BHCKB528

FRY9C

20150331

99991231

No Change

HC

Quality

9340

HC-4c

BHCK3123

FRY9C

20150331

99991231

No Change

HC

Quality

9340

HC-4d

BHCKB529

FRY9C

20150331

99991231

No Change

HC

Quality

0426

HC-5

BHCK3545

HC-1a should not be null and should not be
negative.
HC-1b1 should not be null and should not be
negative.
HC-1b2 should not be null and should not be
negative.
HC-2a should not be null and should not be
negative.
HC-2b should not be null and should not be
negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs,HC-3a should not be null and should not
be negative.
HC-3b should not be null and should not be
negative.
If HC-4a (previous) is greater than $5 million,
then HC-4a(current) should be greater than
zero.
HC-4a should not be null and should not be
negative.
HC-4b should not be null and should not be
negative.
HC-4c should not be null and should not be
negative.
HC-4d should not be null and should not be
negative.
If the sum of HC-L14a1A through HC-L14a1D
minus the sum of HC-L14a2A through HCL14a2D is greater than $1 million, then HC-5
should be greater than zero.

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

FRY9C

20150331

99991231

No Change

HC

Quality

9340

HC-5

BHCK3545

bhck3545 ne null and bhck3545 ge 0

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC
HC

Quality
Quality

5715
9340

HC-6
HC-6

BHCK2145
BHCK2145

HC-5 should not be null and should not be
negative.
HC-6 should be greater than zero.
HC-6 should not be null and should not be
negative.

September 2018

TargetItem

Quality

Edit
Number
5656

Quality

Alg Edit Test

If financial data is not equal to null or zero, then if bhckb055 ne null and bhckb055 ne 0 then
text data should not be null.
textb055 ne null

if textb055 ne null then bhckb055 ne null and
bhckb055 ne 0

bhck0395 ne null and bhck0395 ge 0
bhck0397 ne null and bhck0397 ge 0
bhck1754 ne null and bhck1754 ge 0
bhck1773 ne null and bhck1773 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs,bhdmb987 ne null and bhdmb987 ge 0
bhckb989 ne null and bhckb989 ge 0
if bhck5369-q2 gt 5000 then bhck5369-q1 gt 0

bhck5369 ne null and bhck5369 ge 0
bhckb528 ne null and bhckb528 ge 0
bhck3123 ne null and bhck3123 ge 0
bhckb529 ne null and bhckb529 ge 0
if ((bhck8733 + bhck8734 + bhck8735 +
bhck8736) - (bhck8737 + bhck8738 + bhck8739
+ bhck8740)) gt 1000 then bhck3545 gt 0

bhck2145 gt 0
bhck2145 ne null and bhck2145 ge 0

FR Y-9C: EDIT-23 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9340

HC-7

MDRM
Number
BHCK2150

No Change

HC

FRY9C
FRY9C

20150331
20180630

99991231
99991231

No Change
No Change

HC
HC

Quality
Intraseries

9350
5727

HC-8
HC-M12b

BHCK2130
BHCK3163

FRY9C

20180630

99991231

No Change

HC

Intraseries

5728

HC-M12b

BHCK3163

FRY9C

20180630

99991231

No Change

HC

Quality

9360

HC-M12b

BHCK3163

FRY9C

20150331

99991231

No Change

HC

Quality

9360

HC-11

BHCK2160

FRY9C

20150331

99991231

No Change

HC

Intraseries

5745

HC-12

BHCK2170

FRY9C

20150331

99991231

No Change

HC-M

Quality

6560

HC-12

BHCK2170

FRY9C

20160930

99991231

No Change

HC

Quality

9360

HC-13a1

BHDM6631

FRY9C

20160930

99991231

No Change

HC

Quality

9360

HC-13a2

BHDM6636

FRY9C

20160930

99991231

No Change

HC

Quality

9370

HC-13b1

BHFN6631

FRY9C

20160930

99991231

No Change

HC

Quality

5750

HC-13b2

BHFN6636

FRY9C
FRY9C

20150331
20160930

99991231
99991231

No Change
No Change

HC
HC

Quality
Quality

9370
9380

HC-13b2
HC-14a

BHFN6636
BHDMB993

FRY9C

20150331

99991231

No Change

HC

Quality

9380

HC-14b

BHCKB995

FRY9C

20150331

99991231

No Change

HC

Quality

0427

HC-15

BHCK3548

FRY9C

20150331

99991231

No Change

HC

Quality

9380

HC-15

BHCK3548

FRY9C

20150331

99991231

No Change

HC

Quality

9380

HC-16

BHCK3190

FRY9C

20150331

99991231

No Change

HC

Quality

5765

HC-19a

BHCK4062

FRY9C

20150331

99991231

No Change

HC

Intraseries

5775

HC-19a

BHCK4062

FRY9C

20150331

99991231

No Change

HC

Quality

9380

HC-19a

BHCK4062

September 2018

Edit Test

Alg Edit Test

HC-7 should not be null and should not be
negative.
HC-8 should not be null.
For March, HI-7c1 should be less than or equal
to HC-M12b (previous). (+$10k)
For June, September, and December, HI-7c1
(current minus previous) should be less than or
equal to HC-M12b (previous). (+$10k)

bhck2150 ne null and bhck2150 ge 0

HC-M12b should not be null and should not be
negative.
HC-11 should not be null and should not be
negative.
HC-12 (current) should not equal HC-12
(previous).
if HC-12 is greater than or equal to $30 billion,
then HC-M22 should not be null.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-13a1 should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-13a2 should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-13b1 should not be negative.

bhck3163 ne null and bhck3163 ge 0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, If HI-2a2 is greater than $10k, then HC13b2 should be greater than zero.
HC-13b2 should not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-14a should not be null and should
not be negative.
HC-14b should not be null and should not be
negative.
If the sum of HC-L14a2A through HC-L14a2D
minus the sum of HC-L14a1A through HCL14a1D is greater than $1 million, then HC-15
should be greater than zero.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if bhck4172 gt 10 then bhfn6636 gt 0

HC-15 should not be null and should not be
negative.
HC-16 should not be null and should not be
negative.
For March, if HI-2d is greater than $10k, then
HC-19a should be greater than zero.
For June, September and December, If HI-2d
(current minus previous) is greater than $10k,
then HC-19a (current) should be greater than
zero.
HC-19a should not be null and should not be
negative.

bhck3548 ne null and bhck3548 ge 0

bhck2130 ne null
if (mm-q1 eq 03) then (bhckc216-q1 le
bhck3163-q2 + 10)
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then ((bhckc216-q1 - bhckc216-q2) le
bhck3163-q2 + 10)

bhck2160 ne null and bhck2160 ge 0
bhck2170-q1 ne bhck2170-q2
if bhck2170 ge 30000000 then textc497 ne null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhdm6631 ne null and bhdm6631 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhdm6636 ne null and bhdm6636 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhfn6631 ge 0 or bhfn6631 eq null

bhfn6636 ge 0 or bhfn6636 eq null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhdmb993 ne null and bhdmb993 ge 0
bhckb995 ne null and bhckb995 ge 0
if ((bhck8737 + bhck8738 + bhck8739 +
bhck8740) - (bhck8733 + bhck8734 + bhck8735
+ bhck8736)) gt 1000 then bhck3548 gt 0

bhck3190 ne null and bhck3190 ge 0
if (mm-q1 eq 03) and (bhck4397 gt 10) then
bhck4062 gt 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4397-q1 - bhck4397-q2) gt 10
then bhck4062-q1 gt 0
bhck4062 ne null and bhck4062 ge 0

FR Y-9C: EDIT-24 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9380

HC-19b

MDRM
Number
BHCKC699

No Change

HC

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

HC

Quality

9380

HC-20

BHCK2750

No Change

HC

Quality

9380

HC-21

BHCK2948

99991231

No Change

HC

Quality

9380

HC-23

BHCK3283

20150331

99991231

No Change

HC

Intraseries

5783

HC-24

BHCK3230

FRY9C

20150331

99991231

No Change

HC

Quality

9380

HC-24

BHCK3230

FRY9C

20150331

99991231

No Change

HC

Quality

5784

HC-25

BHCK3240

FRY9C

20150331

99991231

No Change

HC

Quality

9380

HC-25

BHCK3240

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC
HC

Quality
Intraseries

9390
5786

HC-26a
HC-26b

BHCK3247
BHCKB530

FRY9C

20150331

99991231

No Change

HC

Intraseries

5787

HC-26b

BHCKB530

For June, September, and December, if HI-A9
(current) is equal to HI-A9 (previous), then HC26b (current minus previous) should equal HIA12 (current minus previous) +/- 10k.

FRY9C
FRY9C

20150331
20160930

99991231
99991231

No Change
No Change

HC
HC

Quality
Quality

9390
5788

HC-26b
HC-26b

BHCKB530
BHCKB530

HC-26b should not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, The absolute value of HC-R(I)3
should be greater than or equal to 20 percent
of the absolute value of HC-26b.

FRY9C

20160930

99991231

No Change

HC

Quality

5789

HC-26b

BHCKB530

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, abs(bhcab530) le
abs(bhckb530)

FRY9C

20150331

99991231

No Change

HC

Quality

5792

HC-26c

BHCKA130

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, The absolute value of HC-R(I)3
should be less than or equal to the absolute
value of HC-26b.
HC-26c should be less than or equal to zero.

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC
HC

Quality
Intraseries

9390
5780

HC-27a
HC-27b

BHCK3210
BHCK3000

HC-27a should not be null.
If HC-27b (previous) is greater than zero, then
HC-27b (current) should be greater than zero.

bhck3210 ne null
if bhck3000-q2 gt 0 then bhck3000-q1 gt 0

FRY9C

20150331

99991231

No Change

HC

Quality

9380

HC-27b

BHCK3000

HC-27b should not be null and should not be
negative.

bhck3000 ne null and bhck3000 ge 0

September 2018

Edit Test

Alg Edit Test

HC-19b should not be null and should not be
bhckc699 ne null and bhckc699 ge 0
negative.
HC-20 should not be null and should not be
bhck2750 ne null and bhck2750 ge 0
negative.
HC-21 should not be null and should not be
bhck2948 ne null and bhck2948 ge 0
negative.
HC-23 should not be null and should not be
bhck3283 ne null and bhck3283 ge 0
negative.
If HC-24(previous) is greater than zero, then HC- if bhck3230-q2 gt 0 then bhck3230-q1 gt 0
24(current) should be greater than zero.
HC-24 should not be null and should not be
negative.
If HI-A11 is greater than zero, then the sum of
HC-24 and HC-25 should be greater than zero.

bhck3230 ne null and bhck3230 ge 0

HC-25 should not be null and should not be
negative.
HC-26a should not be null.
For March, if HI-A9 (current) is equal to zero,
then HC-26b (current minus previous) should
equal HI-A12(current) (+/- 10k).

bhck3240 ne null and bhck3240 ge 0

if bhck4460 gt 0 then (bhck3230 + bhck3240) gt
0

bhck3247 ne null
if (mm-q1 eq 03 and bhck4356 eq 0) then
((bhckb530-q1- bhckb530-q2) ge bhckb511-q110) and ((bhckb530-q1- bhckb530-q2) le
bhckb511-q1+10)
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4356-q1 eq bhck4356-q2) then
(bhckb530-q1 - bhckb530-q2) ge (bhckb511-q1 bhckb511-q2 -10) and (bhckb530-q1 bhckb530-q2) le (bhckb511-q1 - bhckb511-q2
+10)
bhckb530 ne null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, abs(bhcab530) ge (.2 *
abs(bhckb530))

bhcka130 le 0

FR Y-9C: EDIT-25 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
5798

No Change

HC

FRY9C

20150331

99991231

No Change

HC

Quality

5799

HC-Mem2a(1) TEXTC703

FRY9C

20150331

99991231

No Change

HC

Quality

5801

HC-Mem2a(2) TEXTC708

If HC-Mem2a(2) is not null then HC-Mem2a(1), if (textc708 ne null) then (textc703 ne null and
HC-Mem2a(3), HC-Mem2a(4), HC-Mem2b(1), textc714 ne null and textc715 ne null and
and HC-Mem2b(2) should not be null.
textc704 ne null and textc705 ne null)

FRY9C

20150331

99991231

No Change

HC

Quality

5802

HC-Mem2a(3) TEXTC714

If HC-Mem2a(3) is not null then HC-Mem2a(1), if (textc714 ne null) then (textc703 ne null and
HC-Mem2a(2), HC-Mem2a(4), HC-Mem2b(1), textc708 ne null and textc715 ne null and
and HC-Mem2b(2) should not be null.
textc704 ne null and textc705 ne null)

FRY9C

20150331

99991231

No Change

HC

Quality

5803

HC-Mem2a(4) TEXTC715

If HC-Mem2a(4) is not null then HC-Mem2a(1), if (textc715 ne null) then (textc703 ne null and
HC-Mem2a(2), HC-Mem2a(3), HC-Mem2b(1), textc708 ne null and textc714 ne null and
and HC-Mem2b(2) should not be null.
textc704 ne null and textc705 ne null)

FRY9C

20150331

99991231

No Change

HC

Quality

5804

HC-Mem2b(1) TEXTC704

If HC-Mem2b(1) is not null then HC-Mem2a(1), if (textc704 ne null) then (textc703 ne null and
HC-Mem2a(2), HC-Mem2a(3), HC-Mem2a(4), textc708 ne null and textc714 ne null and
and HC-Mem2b(2) should not be null.
textc715 ne null and textc705 ne null)

FRY9C

20150331

99991231

No Change

HC

Quality

5806

HC-Mem2b(2) TEXTC705

If HC-Mem2b(2) is not null then HC-Mem2a(1), if (textc705 ne null) then (textc703 ne null and
HC-Mem2a(2), HC-Mem2a(3), HC-Mem2a(4), textc708 ne null and textc714 ne null and
and HC-Mem2b(1) should not be null.
textc715 ne null and textc704 ne null)

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B1A

BHCK0211

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B1B

BHCK0213

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B1C

BHCK1286

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B1D

BHCK1287

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B3A

BHCK8496

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B3B

BHCK8497

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B3C

BHCK8498

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B3D

BHCK8499

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a1A

BHCKG300

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a1B

BHCKG301

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a1C

BHCKG302

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a1D

BHCKG303

HC-B1A should not be null and should not be
negative.
HC-B1B should not be null and should not be
negative.
HC-B1C should not be null and should not be
negative.
HC-B1D should not be null and should not be
negative.
HC-B3A should not be null and should not be
negative.
HC-B3B should not be null and should not be
negative.
HC-B3C should not be null and should not be
negative.
HC-B3D should not be null and should not be
negative.
HC-B4a1A should not be null and should not be
negative.
HC-B4a1B should not be null and should not be
negative.
HC-B4a1C should not be null and should not be
negative.
HC-B4a1D should not be null and should not be
negative.

September 2018

HC-Mem1

MDRM
Number
BHCKC884

Edit Test

Alg Edit Test

For December, if HC-Mem1 (previous
December) is equal to "1" (yes), then HC-Mem1
(current) should be equal "1" (yes) and HCMem1 should not be null.
If HC-Mem2a(1) is not null then HC-Mem2a(2),
HC-Mem2a(3), HC-Mem2a(4), HC-Mem2b(1),
and HC-Mem2b(2) should not be null.

if (mm-q1 eq 12 and (bhckc884-q5 eq 1)) then
(bhckc884-q1 eq 1) and bhckc884 ne null

if (textc703 ne null) then (textc708 ne null and
textc714 ne null and textc715 ne null and
textc704 ne null and textc705 ne null)

bhck0211 ne null and bhck0211 ge 0
bhck0213 ne null and bhck0213 ge 0
bhck1286 ne null and bhck1286 ge 0
bhck1287 ne null and bhck1287 ge 0
bhck8496 ne null and bhck8496 ge 0
bhck8497 ne null and bhck8497 ge 0
bhck8498 ne null and bhck8498 ge 0
bhck8499 ne null and bhck8499 ge 0
bhckg300 ne null and bhckg300 ge 0
bhckg301 ne null and bhckg301 ge 0
bhckg302 ne null and bhckg302 ge 0
bhckg303 ne null and bhckg303 ge 0

FR Y-9C: EDIT-26 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9400

HC-B4a2A

MDRM
Number
BHCKG304

No Change

HC-B

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a2B

BHCKG305

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a2C

BHCKG306

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a2D

BHCKG307

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a3A

BHCKG308

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a3B

BHCKG309

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a3C

BHCKG310

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4a3D

BHCKG311

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b1A

BHCKG312

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b1B

BHCKG313

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b1C

BHCKG314

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b1D

BHCKG315

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b2A

BHCKG316

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b2B

BHCKG317

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b2C

BHCKG318

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b2D

BHCKG319

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b3A

BHCKG320

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b3B

BHCKG321

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b3C

BHCKG322

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4b3D

BHCKG323

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c1aA

BHCKK142

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c1aB

BHCKK143

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c1aC

BHCKK144

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c1aD

BHCKK145

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c1bA

BHCKK146

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c1bB

BHCKK147

September 2018

Edit Test

Alg Edit Test

HC-B4a2A should not be null and should not be
negative.
HC-B4a2B should not be null and should not be
negative.
HC-B4a2C should not be null and should not be
negative.
HC-B4a2D should not be null and should not be
negative.
HC-B4a3A should not be null and should not be
negative.
HC-B4a3B should not be null and should not be
negative.
HC-B4a3C should not be null and should not be
negative.
HC-B4a3D should not be null and should not be
negative.
HC-B4b1A should not be null and should not be
negative.
HC-B4b1B should not be null and should not be
negative.
HC-B4b1C should not be null and should not be
negative.
HC-B4b1D should not be null and should not be
negative.
HC-B4b2A should not be null and should not be
negative.
HC-B4b2B should not be null and should not be
negative.
HC-B4b2C should not be null and should not be
negative.
HC-B4b2D should not be null and should not be
negative.
HC-B4b3A should not be null and should not be
negative.
HC-B4b3B should not be null and should not be
negative.
HC-B4b3C should not be null and should not be
negative.
HC-B4b3D should not be null and should not be
negative.
HC-B4c1aA should not be null and should not
be negative.
HC-B4c1aB should not be null and should not
be negative.
HC-B4c1aC should not be null and should not
be negative.
HC-B4c1aD should not be null and should not
be negative.
HC-B4c1bA should not be null and should not
be negative.
HC-B4c1bB should not be null and should not
be negative.

bhckg304 ne null and bhckg304 ge 0
bhckg305 ne null and bhckg305 ge 0
bhckg306 ne null and bhckg306 ge 0
bhckg307 ne null and bhckg307 ge 0
bhckg308 ne null and bhckg308 ge 0
bhckg309 ne null and bhckg309 ge 0
bhckg310 ne null and bhckg310 ge 0
bhckg311 ne null and bhckg311 ge 0
bhckg312 ne null and bhckg312 ge 0
bhckg313 ne null and bhckg313 ge 0
bhckg314 ne null and bhckg314 ge 0
bhckg315 ne null and bhckg315 ge 0
bhckg316 ne null and bhckg316 ge 0
bhckg317 ne null and bhckg317 ge 0
bhckg318 ne null and bhckg318 ge 0
bhckg319 ne null and bhckg319 ge 0
bhckg320 ne null and bhckg320 ge 0
bhckg321 ne null and bhckg321 ge 0
bhckg322 ne null and bhckg322 ge 0
bhckg323 ne null and bhckg323 ge 0
bhckk142 ne null and bhckk142 ge 0
bhckk143 ne null and bhckk143 ge 0
bhckk144 ne null and bhckk144 ge 0
bhckk145 ne null and bhckk145 ge 0
bhckk146 ne null and bhckk146 ge 0
bhckk147 ne null and bhckk147 ge 0

FR Y-9C: EDIT-27 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9400

HC-B4c1bC

MDRM
Number
BHCKK148

No Change

HC-B

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c1bD

BHCKK149

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2aA

BHCKK150

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2aB

BHCKK151

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2aC

BHCKK152

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2aD

BHCKK153

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2bA

BHCKK154

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2bB

BHCKK155

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2bC

BHCKK156

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B4c2bD

BHCKK157

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B5aA

BHCKC026

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B5aB

BHCKC988

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B5aC

BHCKC989

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B5aD

BHCKC027

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6aA

BHCK1737

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6aB

BHCK1738

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6aC

BHCK1739

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6aD

BHCK1741

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6bA

BHCK1742

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6bB

BHCK1743

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6bC

BHCK1744

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-B6bD

BHCK1746

FRY9C

20150331

99991231

No Change

HC-B

Quality

5893

HC-B7D

BHCKA511

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-BM1

BHCK0416

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-BM2a

BHCK0383

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-BM2b

BHCK0384

September 2018

Edit Test

Alg Edit Test

HC-B4c1bC should not be null and should not
be negative.
HC-B4c1bD should not be null and should not
be negative.
HC-B4c2aA should not be null and should not
be negative.
HC-B4c2aB should not be null and should not
be negative.
HC-B4c2aC should not be null and should not
be negative.
HC-B4c2aD should not be null and should not
be negative.
HC-B4c2bA should not be null and should not
be negative.
HC-B4c2bB should not be null and should not
be negative.
HC-B4c2bC should not be null and should not
be negative.
HC-B4c2bD should not be null and should not
be negative.
HC-B5aA should not be null and should not be
negative.
HC-B5aB should not be null and should not be
negative.
HC-B5aC should not be null and should not be
negative.
HC-B5aD should not be null and should not be
negative.
HC-B6aA should not be null and should not be
negative.
HC-B6aB should not be null and should not be
negative.
HC-B6aC should not be null and should not be
negative.
HC-B6aD should not be null and should not be
negative.
HC-B6bA should not be null and should not be
negative.
HC-B6bB should not be null and should not be
negative.
HC-B6bC should not be null and should not be
negative.
HC-B6bD should not be null and should not be
negative.
If HC-B7C is greater than zero, then HC-B7D
should be greater than zero.
HC-BM1 should not be null and should not be
negative.
HC-BM2a should not be null and should not be
negative.
HC-BM2b should not be null and should not be
negative.

bhckk148 ne null and bhckk148 ge 0
bhckk149 ne null and bhckk149 ge 0
bhckk150 ne null and bhckk150 ge 0
bhckk151 ne null and bhckk151 ge 0
bhckk152 ne null and bhckk152 ge 0
bhckk153 ne null and bhckk153 ge 0
bhckk154 ne null and bhckk154 ge 0
bhckk155 ne null and bhckk155 ge 0
bhckk156 ne null and bhckk156 ge 0
bhckk157 ne null and bhckk157 ge 0
bhckc026 ne null and bhckc026 ge 0
bhckc988 ne null and bhckc988 ge 0
bhckc989 ne null and bhckc989 ge 0
bhckc027 ne null and bhckc027 ge 0
bhck1737 ne null and bhck1737 ge 0
bhck1738 ne null and bhck1738 ge 0
bhck1739 ne null and bhck1739 ge 0
bhck1741 ne null and bhck1741 ge 0
bhck1742 ne null and bhck1742 ge 0
bhck1743 ne null and bhck1743 ge 0
bhck1744 ne null and bhck1744 ge 0
bhck1746 ne null and bhck1746 ge 0
if bhcka510 gt 0 then bhcka511 gt 0
bhck0416 ne null and bhck0416 ge 0
bhck0383 ne null and bhck0383 ge 0
bhck0384 ne null and bhck0384 ge 0

FR Y-9C: EDIT-28 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9400

HC-BM2c

MDRM
Number
BHCK0387

No Change

HC-B

FRY9C

20150331

99991231

No change

HC-B

Intraseries

5900

HC-BM3

BHCK1778

FRY9C

20150331

99991231

No change

HC-B

Quality

9400

HC-BM3

BHCK1778

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-BM4a

BHCK8782

FRY9C

20150331

99991231

No Change

HC-B

Quality

9400

HC-BM4b

BHCK8783

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B2A

BHCKHT50

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B2B

BHCKHT51

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B2C

BHCKHT52

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B2D

BHCKHT53

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B5bA

BHCKHT58

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B5bB

BHCKHT59

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B5bC

BHCKHT60

FRY9C

20180630

99991231

No Change

HC-B

Quality

9400

HC-B5bD

BHCKHT61

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331
20150331

99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change

HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B
HC-B

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404
9404

HC-BM5aA
HC-BM5aB
HC-BM5aC
HC-BM5aD
HC-BM5bA
HC-BM5bB
HC-BM5bC
HC-BM5bD
HC-BM5cA
HC-BM5cB
HC-BM5cC
HC-BM5cD
HC-BM5dA
HC-BM5dB
HC-BM5dC
HC-BM5dD
HC-BM5eA
HC-BM5eB
HC-BM5eC
HC-BM5eD
HC-BM5fA

BHCKB838
BHCKB839
BHCKB840
BHCKB841
BHCKB842
BHCKB843
BHCKB844
BHCKB845
BHCKB846
BHCKB847
BHCKB848
BHCKB849
BHCKB850
BHCKB851
BHCKB852
BHCKB853
BHCKB854
BHCKB855
BHCKB856
BHCKB857
BHCKB858

September 2018

Edit Test

Alg Edit Test

HC-BM2c should not be null and should not be
negative.
For June, September, December, HC-BM3
(current) should be greater than or equal to HCBM3 (previous).
HC-BM3 should not be null and should not be
negative.
HC-BM4a should not be null and should not be
negative.
HC-BM4b should not be null and should not be
negative.
HC-B2A should not be null and should not be
negative.
HC-B2B should not be null and should not be
negative.
HC-B2C should not be null and should not be
negative.
HC-B2D should not be null and should not be
negative.
HC-B5bA should not be null and should not be
negative.
HC-B5bB should not be null and should not be
negative.
HC-B5bC should not be null and should not be
negative.
HC-B5bD should not be null and should not be
negative.
HC-BM5aA should not be negative.
HC-BM5aB should not be negative.
HC-BM5aC should not be negative.
HC-BM5aD should not be negative.
HC-BM5bA should not be negative.
HC-BM5bB should not be negative.
HC-BM5bC should not be negative.
HC-BM5bD should not be negative.
HC-BM5cA should not be negative.
HC-BM5cB should not be negative.
HC-BM5cC should not be negative.
HC-BM5cD should not be negative.
HC-BM5dA should not be negative.
HC-BM5dB should not be negative.
HC-BM5dC should not be negative.
HC-BM5dD should not be negative.
HC-BM5eA should not be negative.
HC-BM5eB should not be negative.
HC-BM5eC should not be negative.
HC-BM5eD should not be negative.
HC-BM5fA should not be negative.

bhck0387 ne null and bhck0387 ge 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) then bhck1778-q1 ge bhck1778-q2
bhck1778 ne null and bhck1778 ge 0
bhck8782 ne null and bhck8782 ge 0
bhck8783 ne null and bhck8783 ge 0
bhckht50 ne null and bhckht50 ge 0
bhckht51 ne null and bhckht51 ge 0
bhckht52 ne null and bhckht52 ge 0
bhckht53 ne null and bhckht53 ge 0
bhckht58 ne null and bhckht58 ge 0
bhckht59 ne null and bhckht59 ge 0
bhckht60 ne null and bhckht60 ge 0
bhckht61 ne null and bhckht61 ge 0
bhckb838 ge 0 or bhckb838 eq null
bhckb839 ge 0 or bhckb839 eq null
bhckb840 ge 0 or bhckb840 eq null
bhckb841 ge 0 or bhckb841 eq null
bhckb842 ge 0 or bhckb842 eq null
bhckb843 ge 0 or bhckb843 eq null
bhckb844 ge 0 or bhckb844 eq null
bhckb845 ge 0 or bhckb845 eq null
bhckb846 ge 0 or bhckb846 eq null
bhckb847 ge 0 or bhckb847 eq null
bhckb848 ge 0 or bhckb848 eq null
bhckb849 ge 0 or bhckb849 eq null
bhckb850 ge 0 or bhckb850 eq null
bhckb851 ge 0 or bhckb851 eq null
bhckb852 ge 0 or bhckb852 eq null
bhckb853 ge 0 or bhckb853 eq null
bhckb854 ge 0 or bhckb854 eq null
bhckb855 ge 0 or bhckb855 eq null
bhckb856 ge 0 or bhckb856 eq null
bhckb857 ge 0 or bhckb857 eq null
bhckb858 ge 0 or bhckb858 eq null

FR Y-9C: EDIT-29 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Effective
End Date
99991231
99991231
99991231
99991231

Edit Change

Schedule

Edit Type

FRY9C
FRY9C
FRY9C
FRY9C

Effective Start
Date
20150331
20150331
20150331
20150331

TargetItem

Quality
Quality
Quality
Quality

Edit
Number
9404
9404
9404
9406

HC-BM5fB
HC-BM5fC
HC-BM5fD
HC-C1A

MDRM
Number
BHCKB859
BHCKB860
BHCKB861
BHCK1410

No Change
No Change
No Change
No Change

HC-B
HC-B
HC-B
HC-C

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

HC-C

Quality

9406

HC-C1a1B

BHCKF158

No Change

HC-C

Quality

9406

HC-C1a2B

BHCKF159

99991231

No Change

HC-C

Quality

9406

HC-C1bB

BHDM1420

20150331

99991231

No Change

HC-C

Quality

9406

HC-C1c1B

BHDM1797

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C1c2aB

BHDM5367

FRY9C

20150331

99991231

No Change

HC-C

Intraseries

5975

HC-C1c2bB

BHDM5368

FRY9C

20150331

99991231

No Change

HC-C

Intraseries

5980

HC-C1c2bB

BHDM5368

If HC-C1c2bB (previous) minus HC-C1c2aB
if ((bhdm5368-q2 - bhdm5367-q2) gt 1000 and
(previous) is greater than $1 million and HC(bhdm5367-q1 gt 0)) then ((bhdm5368-q1 /
C1c2aB (current) is greater than zero, then HC- bhdm5367-q1) * 100 gt 80)
C1c2bB (current) divided by HC-C1c2aB
(current) should be greater than 80 %.

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C1c2bB

BHDM5368

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C1dB

BHDM1460

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C1e1B

BHCKF160

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C1e2B

BHCKF161

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C2B

BHDM1288

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C2aA

BHCK1292

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C2bA

BHCK1296

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C3A

BHCK1590

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C3B

BHDM1590

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C4aA

BHCK1763

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C4B

BHDM1766

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C4bA

BHCK1764

HC-C1c2bB should not be null and should not
be negative.
HC-C1dB should not be null and should not be
negative.
HC-C1e1B should not be null and should not be
negative.
HC-C1e2B should not be null and should not be
negative.
HC-C2B should not be null and should not be
negative.
HC-C2aA should not be null and should not be
negative.
HC-C2bA should not be null and should not be
negative.
HC-C3A should not be null and should not be
negative.
HC-C3B should not be null and should not be
negative.
HC-C4aA should not be null and should not be
negative.
HC-C4B should not be null and should not be
negative.
HC-C4bA should not be null and should not be
negative.

September 2018

Edit Test

Alg Edit Test

HC-BM5fB should not be negative.
HC-BM5fC should not be negative.
HC-BM5fD should not be negative.
HC-C1A should not be null and should not be
negative.
HC-C1a1B should not be null and should not be
negative.
HC-C1a2B should not be null and should not be
negative.
HC-C1bB should not be null and should not be
negative.
HC-C1c1B should not be null and should not be
negative.
HC-C1c2aB should not be null and should not
be negative.
If HC-C1c2aB (previous) minus HC-C1c2bB
(previous) is greater than $1 million and HCC1c2bB (current) is greater than zero, then HCC1c2aB (current) divided by HC-C1c2bB
(current) should be greater than 80 %.

bhckb859 ge 0 or bhckb859 eq null
bhckb860 ge 0 or bhckb860 eq null
bhckb861 ge 0 or bhckb861 eq null
bhck1410 ne null and bhck1410 ge 0
bhckf158 ne null and bhckf158 ge 0
bhckf159 ne null and bhckf159 ge 0
bhdm1420 ne null and bhdm1420 ge 0
bhdm1797 ne null and bhdm1797 ge 0
bhdm5367 ne null and bhdm5367 ge 0
if ((bhdm5367-q2 - bhdm5368-q2) gt 1000 and
(bhdm5368-q1 gt 0)) then ((bhdm5367-q1 /
bhdm5368-q1) * 100 gt 80)

bhdm5368 ne null and bhdm5368 ge 0
bhdm1460 ne null and bhdm1460 ge 0
bhckf160 ne null and bhckf160 ge 0
bhckf161 ne null and bhckf161 ge 0
bhdm1288 ne null and bhdm1288 ge 0
bhck1292 ne null and bhck1292 ge 0
bhck1296 ne null and bhck1296 ge 0
bhck1590 ne null and bhck1590 ge 0
bhdm1590 ne null and bhdm1590 ge 0
bhck1763 ne null and bhck1763 ge 0
bhdm1766 ne null and bhdm1766 ge 0
bhck1764 ne null and bhck1764 ge 0

FR Y-9C: EDIT-30 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9406

HC-C6B

MDRM
Number
BHDM1975

No Change

HC-C

FRY9C

20150331

99991231

No Change

HC-C

Quality

5985

HC-C6aA

BHCKB538

FRY9C

20150331

99991231

No Change

HC-C

Intraseries

5987

HC-C6aA

BHCKB538

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C6aA

BHCKB538

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C6bA

BHCKB539

FRY9C

20150331

99991231

No Change

HC-C

Quality

6000

HC-C6cA

BHCKK137

FRY9C

20150331

99991231

No Change

HC-C

Intraseries

6003

HC-C6cA

BHCKK137

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C6cA

BHCKK137

FRY9C

20150331

99991231

No Change

HC-C

Quality

0397

HC-C6dA

BHCKK207

FRY9C

20150331

99991231

No Change

HC-C

Intraseries

0397

HC-C6dA

BHCKK207

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C6dA

BHCKK207

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C7A

BHCK2081

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C7B

BHDM2081

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C9aA

BHCKJ454

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C9aB

BHDMJ454

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C9b1A

BHCK1545

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C9b1B

BHDM1545

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C9b2A

BHCKJ451

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C9b2B

BHDMJ451

September 2018

Edit Test

Alg Edit Test

HC-C6B should not be null and should not be
negative.
For March, if the sum of HI-B(I)5aA and HIB(I)5aB is greater than $25 thousand, then HCC6aA should be greater than zero.
For June, September, and December, if the sum
of HI-B(I)5aA and HI-B(I)5aB (current minus
previous) is greater than $25 thousand, then
HC-C6aA (current) should be greater than zero.

bhdm1975 ne null and bhdm1975 ge 0

HC-C6aA should not be null and should not be
negative.
HC-C6bA should not be null and should not be
negative.
For March, if the sum of HI-B(I)5bA and HIB(I)5bB is greater than $25 thousand, then HCC6cA should be greater than zero.
For June, September, and December, if the sum
of HI-B(I)5bA and HI-B(I)5bB (current minus
previous) is greater than $25 thousand, then
HC-C6cA (current) should be greater than zero.

bhckb538 ne null and bhckb538 ge 0

HC-C6cA should not be null and should not be
negative.
For March, if the sum of HI-B(I)5cA and HIB(I)5cB is greater than $25 thousand, then the
sum of HC-C6bA and HC-C6dA should be
greater than zero.
For June, September, and December, if the sum
of HI-B(I)5cA and HI-B(I)5cB (current minus
previous) is greater than $25 thousand, then
the sum of HC-C6bA and HC-C6dA (current)
should be greater than zero.

bhckk137 ne null and bhckk137 ge 0

HC-C6dA should not be null and should not be
negative.
HC-C7A should not be null and should not be
negative.
HC-C7B should not be null and should not be
negative.
HC-C9aA should not be null and should not be
negative.
HC-C9aB should not be null and should not be
negative.
HC-C9b1A should not be null and should not be
negative.
HC-C9b1B should not be null and should not be
negative.
HC-C9b2A should not be null and should not be
negative.
HC-C9b2B should not be null and should not be
negative.

bhckk207 ne null and bhckk207 ge 0

if (mm-q1 eq 03) and ((bhckb514 + bhckb515)
gt 25) then bhckb538 gt 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and ((bhckb514-q1 + bhckb515-q1) (bhckb514-q2 + bhckb515-q2) gt 25) then
bhckb538-q1 gt 0

bhckb539 ne null and bhckb539 ge 0
if (mm-q1 eq 03) and ((bhckk129 + bhckk133)
gt 25) then bhckk137 gt 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and ((bhckk129-q1 + bhckk133-q1) (bhckk129-q2 + bhckk133-q2) gt 25) then
bhckk137-q1 gt 0

if (mm-q1 eq 03) and ((bhckk205 + bhckk206)
gt 25) then (bhckb539 + bhckk207) gt 0

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and ((bhckk205-q1 + bhckk206-q1) (bhckk205-q2 + bhckk206-q2) gt 25) then
(bhckb539-q1 + bhckk207-q1) gt 0

bhck2081 ne null and bhck2081 ge 0
bhdm2081 ne null and bhdm2081 ge 0
bhckj454 ne null and bhckj454 ge 0
bhdmj454 ne null and bhdmj454 ge 0
bhck1545 ne null and bhck1545 ge 0
bhdm1545 ne null and bhdm1545 ge 0
bhckj451 ne null and bhckj451 ge 0
bhdmj451 ne null and bhdmj451 ge 0

FR Y-9C: EDIT-31 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9406

HC-C10B

MDRM
Number
BHDM2165

No Change

HC-C

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C10aA

BHCKF162

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C10bA

BHCKF163

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C11A

BHCK2123

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C11B

BHDM2123

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C12A

BHCK2122

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-C12B

BHDM2122

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1a1

BHDMK158

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1a2

BHDMK159

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1b

BHDMF576

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1c

BHDMK160

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1d1

BHDMK161

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1d2

BHDMK162

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1e1

BHCKK163

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1e2

BHCKK164

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1f

BHCKK165

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM1f1

BHDMK166

FRY9C

20160930

99991231

No Change

HC-C

Quality

9406

HC-CM1f2

BHCKK168

FRY9C

20160930

99991231

No Change

HC-C

Quality

9406

HC-CM1f3a

BHCKK098

FRY9C

20160930

99991231

No Change

HC-C

Quality

9406

HC-CM1f3b

BHCKK203

FRY9C

20160930

99991231

No Change

HC-C

Quality

9406

HC-CM1f3c

BHCKK204

FRY9C

20180331

99991231

No Change

HC-C

Quality

9406

HC-CM1g

BHCKHK25

FRY9C

20150331

99991231

No Change

HC-C

Quality

6017

HC-CM2

BHCK2746

FRY9C

20150331

99991231

No Change

HC-C

Intraseries

6018

HC-CM2

BHCK2746

September 2018

Edit Test

Alg Edit Test

HC-C10B should not be null and should not be
negative.
HC-C10aA should not be null and should not be
negative.
HC-C10bA should not be null and should not be
negative.
HC-C11A should not be null and should not be
negative.
HC-C11B should not be null and should not be
negative.
HC-C12A should not be null and should not be
negative.
HC-C12B should not be null and should not be
negative.
HC-CM1a1 should not be null and should not be
negative.
HC-CM1a2 should not be null and should not be
negative.
HC-CM1b should not be null and should not be
negative.
HC-CM1c should not be null and should not be
negative.
HC-CM1d1 should not be null and should not
be negative.
HC-CM1d2 should not be null and should not
be negative.
HC-CM1e1 should not be null and should not be
negative.
HC-CM1e2 should not be null and should not be
negative.
HC-CM1f should not be null and should not be
negative.
HC-CM1f1 should not be null and should not be
negative.
HC-CM1f2 should not be null and should not be
negative.
HC-CM1f3a should not be null and should not
be negative.
HC-CM1f3b should not be null and should not
be negative.
HC-CM1f3c should not be null and should not
be negative.
HC-CM1g should not be null and should not be
negative.
For March, if the sum of HI-B(I)M1A and HIB(I)M1B is greater than $25 thousand, then HCCM2 should be greater than zero.
For June, September, and December, if the sum
of HI-B(I)M1A and HI-B(I)M1B (current minus
previous) is greater than $25 thousand, then
HC-CM2 (current) should be greater than zero.

bhdm2165 ne null and bhdm2165 ge 0
bhckf162 ne null and bhckf162 ge 0
bhckf163 ne null and bhckf163 ge 0
bhck2123 ne null and bhck2123 ge 0
bhdm2123 ne null and bhdm2123 ge 0
bhck2122 ne null and bhck2122 ge 0
bhdm2122 ne null and bhdm2122 ge 0
bhdmk158 ne null and bhdmk158 ge 0
bhdmk159 ne null and bhdmk159 ge 0
bhdmf576 ne null and bhdmf576 ge 0
bhdmk160 ne null and bhdmk160 ge 0
bhdmk161 ne null and bhdmk161 ge 0
bhdmk162 ne null and bhdmk162 ge 0
bhckk163 ne null and bhckk163 ge 0
bhckk164 ne null and bhckk164 ge 0
bhckk165 ne null and bhckk165 ge 0
bhdmk166 ne null and bhdmk166 ge 0
bhckk168 ne null and bhckk168 ge 0
bhckk098 ne null and bhckk098 ge 0
bhckk203 ne null and bhckk203 ge 0
bhckk204 ne null and bhckk204 ge 0
bhckhk25 ne null and bhckhk25 ge 0
if (mm-q1 eq 03) and ((bhck5409 + bhck5410)
gt 25) then bhck2746 gt 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and ((bhck5409-q1 + bhck5410-q1) (bhck5409-q2 + bhck5410-q2) gt 25) then
bhck2746-q1 gt 0

FR Y-9C: EDIT-32 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9406

HC-CM2

MDRM
Number
BHCK2746

No Change

HC-C

FRY9C

20150331

99991231

No Change

HC-C

Quality

9406

HC-CM3

BHCKB837

FRY9C

20180630

99991231

No Change

HC-C

Quality

6020

HC-CM4

BHCKC391

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC-C
HC-C

Quality
Quality

9410
6022

HC-CM4
HC-CM5a

BHCKC391
BHCKC779

FRY9C

20150331

99991231

No Change

HC-C

Quality

6023

HC-CM5a

BHCKC779

FRY9C

20150331

99991231

No change

HC-C

Quality

9420

HC-CM5a

BHCKC779

FRY9C

20150331

99991231

No Change

HC-C

Quality

6024

HC-CM5b

BHCKC780

FRY9C

20150331

99991231

No change

HC-C

Quality

9420

HC-CM5b

BHCKC780

FRY9C

20150331

99991231

No change

HC-C

Quality

9420

HC-CM6a

BHCKF230

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No change
No change

HC-C
HC-C

Quality
Quality

9421
6029

HC-CM6b
HC-CM6c

BHCKF231
BHCKF232

FRY9C
FRY9C

20150331
20180630

99991231
99991231

No change
No Change

HC-C
HC-Q

Quality
Intraseries

9421
0070

HC-CM6c
HC-QM3b

BHCKF232
BHCKF585

FRY9C

20180630

99991231

No Change

HC-Q

Quality

0154

HC-QM3b

BHCKF585

FRY9C

20180630

99991231

No Change

HC-Q

Intraseries

0080

HC-QM3d

BHCKF589

FRY9C

20180630

99991231

No Change

HC-Q

Quality

0160

HC-QM3d

BHCKF589

FRY9C

20180630

99991231

No Change

HC-Q

Intraseries

0146

HC-QM4b

BHCKF597

FRY9C

20180630

99991231

No Change

HC-Q

Quality

0247

HC-QM4b

BHCKF597

FRY9C

20180630

99991231

No Change

HC-Q

Intraseries

0154

HC-QM4d

BHCKF601

September 2018

Edit Test

Alg Edit Test

HC-CM2 should not be null and should not be bhck2746 ne null and bhck2746 ge 0
negative.
HC-CM3 should not be null and should not be bhckb837 ne null and bhckb837 ge 0
negative.
If the sum of HC-C6aA and HC-S1C is greater
if ((bhckb538 + bhckb707) gt 500000) or
than $500 million or [the sum of (HC-C6aA and (((bhckb538 + bhckb707) / (bhck2122 +
HC-S1C) divided by the sum of (HC-C12A and
bhckb707)) * 100) gt 50 and (((bhck2122 +
HC-S1C) is greater than 50% and the sum of (HC- bhckb707) / (bhck2170 + bhckb707)) * 100) gt
C12A and HC-S1C) divided by the sum of (HC-12 50 then bhckc391 gt 0
and HC-S1C) is greater than 50%], then HC-CM4
should be greater than zero.
HC-CM4 should not be negative.
bhckc391 ge 0 or bhckc391 eq null
If HC-CM5b is greater than zero, then HC-CM5a if bhckc780 gt 0 then bhckc779 gt 0
should be greater than zero.
HC-CM5a should be greater than or equal to HC- bhckc779 ge bhckc780
CM5b.
HC-CM5a should not be null and should not be bhckc779 ne null and bhckc779 ge 0
negative.
If HC-CM5a is greater than zero, then HC-CM5b if bhckc779 gt 0 then bhckc780 gt 0
should be greater than zero.
HC-CM5b should not be null and should not be bhckc780 ne null and bhckc780 ge 0
negative.
HC-CM6a should not be null and should not be bhckf230 ne null and bhckf230 ge 0
negative.
HC-CM6b should not be negative.
bhckf231 ge 0 or bhckf231 eq null
HC-CM6c should be less than or equal 50% of bhckf232 le (0.50 * bhckf230)
HC-CM6a.
HC-CM6c should not be negative.
bhckf232 ge 0 or bhckf232 eq null
If HC-QM3b (previous) is not equal to zero or
if ((bhckf585-q2 ne 0) and (bhckf585-q2 ne
null, then HC-QM3b (current) should not equal null)) then ((bhckf585-q1 ne 0) and (bhckf585zero or null.
q1 ne null))
Sum of HC-C4aA and HC-C4bA should be
(bhck1763 + bhck1764) ge bhckf585
greater than or equal to HC-QM3b.
If HC-QM3d (previous) is not equal to zero or
if ((bhckf589-q2 ne 0) and (bhckf589-q2 ne
null, then HC-QM3d (current) should not equal null)) then ((bhckf589-q1 ne 0) and (bhckf589zero or null.
q1 ne null))
Sum of HC-C2aA, HC-C2bA, HC-C3A, HC-C7A,
(bhck1292 + bhck1296 + bhck1590 + bhck2081
HC-C9aA, HC-C9b1A and HC-C9b2A should be + bhckj454 + bhck1545 + bhckj451) ge
greater than or equal to HC-QM3d.
bhckf589
If HC-QM4b (previous) is not equal to zero or
if ((bhckf597-q2 ne 0) and (bhckf597-q2 ne
null, then HC-QM4b (current) should not equal null)) then ((bhckf597-q1 ne 0) and (bhckf597zero or null.
q1 ne null))
If HC-QM3b is not equal to zero or null, then HC- if bhckf585 ne 0 and bhckf585 ne null then
QM4b should not equal zero or null.
bhckf597 ne 0 and bhckf597 ne null
If HC-QM4d (previous) is not equal to zero or
if ((bhckf601-q2 ne 0) and (bhckf601-q2 ne
null, then HC-QM4d (current) should not equal null)) then ((bhckf601-q1 ne 0) and (bhckf601zero or null.
q1 ne null))

FR Y-9C: EDIT-33 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180630
99991231

TargetItem

Quality

Edit
Number
0255

Edit Test

HC-QM4d

MDRM
Number
BHCKF601

No Change

HC-Q

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20180630
20180630
20180630
20180630
20180630
20180630
20180630
20180630
20180630

99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change

HC-D
HC-D
HC-D
HC-D
HC-D
HC-D
HC-D
HC-D
HC-D

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20180630
20180630
20180630
20180630
20180630
20180630

99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change

HC-D
HC-D
HC-D
HC-D
HC-D
HC-D

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20180630
20180630
20180630
20180630
20180630
20180630
20180630
20180630
20180630
20180630

99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change

FRY9C

20180630

99991231

FRY9C

20180630

FRY9C

9430
9430
9430
9430
9430
9430
9430
9430
0201

HC-D1
HC-D2
HC-D3
HC-D4a
HC-D4b
HC-D4c
HC-D4d
HC-D4e
HC-D5b

BHCM3531
BHCM3532
BHCM3533
BHCKG379
BHCKG380
BHCKG381
BHCKK197
BHCKK198
BHCKG386

HC-D1 should not be negative.
HC-D2 should not be negative.
HC-D3 should not be negative.
HC-D4a should not be negative.
HC-D4b should not be negative.
HC-D4c should not be negative.
HC-D4d should not be negative.
HC-D4e should not be negative.
HC-D5b should be greater than or equal to the
sum of HC-DM5a through HC-DM5f.

bhcm3531 ge 0 or bhcm3531 eq null
bhcm3532 ge 0 or bhcm3532 eq null
bhcm3533 ge 0 or bhcm3533 eq null
bhckg379 ge 0 or bhckg379 eq null
bhckg380 ge 0 or bhckg380 eq null
bhckg381 ge 0 or bhckg381 eq null
bhckk197 ge 0 or bhckk197 eq null
bhckk198 ge 0 or bhckk198 eq null
bhckg386 ge (bhckf643 + bhckf644 + bhckf645
+ bhckf646 + bhckf647 + bhckf648)

Quality
Quality
Quality
Quality
Quality
Intraseries

9430
9430
9430
9430
9430
0128

HC-D5b
HC-D6b
HC-D6d
HC-D9
HC-D11
HC-D12

BHCKG386
BHCKF614
BHCKF618
BHCM3541
BHCM3543
BHCT3545

HC-D5b should not be negative.
HC-D6b should not be negative.
HC-D6d should not be negative.
HC-D9 should not be negative.
HC-D11 should not be negative.
If HC-K4a is greater than or equal to $10 million
in any of the four preceding quarters, then HCD12 (current) should not be null.

bhckg386 ge 0 or bhckg386 eq null
bhckf614 ge 0 or bhckf614 eq null
bhckf618 ge 0 or bhckf618 eq null
bhcm3541 ge 0 or bhcm3541 eq null
bhcm3543 ge 0 or bhcm3543 eq null
if (bhck3401-q2 ge 10000 or bhck3401-q3 ge
10000 or bhck3401-q4 ge 10000 or bhck3401q5 ge 10000) then bhct3545-q1 ne null

HC-D
HC-D
HC-D
HC-D
HC-D
HC-D
HC-D
HC-D
HC-D
HC-D

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

9430
9430
9430
9430
9430
9430
9430
9430
9430
0265

HC-D13a1
HC-D13a2
HC-D13a3
HC-D13b
HC-D14
HC-D5a
HC-D6a1
HC-D6a2
HC-D6c
HC-DM1b

BHCKG209
BHCKG210
BHCKG211
BHCKF624
BHCK3547
BHCKHT62
BHCKHT63
BHCKHT64
BHCKHT65
BHCKF632

bhckg209 ge 0 or bhckg209 eq null
bhckg210 ge 0 or bhckg210 eq null
bhckg211 ge 0 or bhckg211 eq null
bhckf624 ge 0 or bhckf624 eq null
bhck3547 ge 0 or bhck3547 eq null
bhckht62 ge 0 or bhckht62 eq null
bhckht63 ge 0 or bhckht63 eq null
bhckht64 ge 0 or bhckht64 eq null
bhckht65 ge 0 or bhckht65 eq null
if bhckf614 ne 0 then bhckf632 ne 0

No Change

HC-D

Quality

0273

HC-DM1d

BHCKF636

99991231

No Change

HC-D

Quality

0275

HC-DM1a1

BHCKHT66

20180630

99991231

No Change

HC-D

Quality

0276

HC-DM1a2

BHCKHT67

FRY9C

20180630

99991231

No Change

HC-D

Quality

0277

HC-DM1c

BHCKHT68

FRY9C

20150331

99991231

No Change

HC-D

Quality

0227

HC-DM9b1

BHCKF655

FRY9C

20150331

99991231

No Change

HC-D

Quality

0228

HC-DM9b1TX BHTXF655

HC-D13a1 should not be negative.
HC-D13a2 should not be negative.
HC-D13a3 should not be negative.
HC-D13b should not be negative.
HC-D14 should not be negative.
HC-D5a should not be negative.
HC-D6a1 should not be negative.
HC-D6a2 should not be negative.
HC-D6c should not be negative.
If HC-D6b is not equal to zero, then HC-DM1b
should not equal zero.
If HC-D6d is not equal to zero, then HC-DM1d
should not equal zero.
If HC-D6a1 is not equal to zero, then HC-DM1a1
should not equal zero.
If HC-D6a2 is not equal to zero, then HC-DM1a2
should not equal zero.
If HC-D6c is not equal to zero, then HC-DM1c
should not equal zero.
If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

September 2018

Alg Edit Test

If HC-QM3d is not equal to zero or null, then HC- if bhckf589 ne 0 and bhckf589 ne null then
QM4d should not equal zero or null.
bhckf601 ne 0 and bhckf601 ne null

if bhckf618 ne 0 then bhckf636 ne 0
if bhckht63 ne 0 then bhckht66 ne 0
if bhckht64 ne 0 then bhckht67 ne 0
if bhckht65 ne 0 then bhckht68 ne 0
if bhckf655 ne null and bhckf655 ne 0 then
bhtxf655 ne null
if bhtxf655 ne null then bhckf655 ne null and
bhckf655 ne 0

FR Y-9C: EDIT-34 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
0229

No Change

HC-D

FRY9C

20150331

99991231

No Change

HC-D

Quality

0230

HC-DM9b2TX BHTXF656

FRY9C

20180630

99991231

No Change

HC-D

Quality

0204

HC-DM9b3

BHCKF657

FRY9C

20150331

99991231

No Change

HC-D

Quality

0231

HC-DM9b3

BHCKF657

FRY9C

20150331

99991231

No Change

HC-D

Quality

0232

HC-DM9b3TX BHTXF657

FRY9C

20150331

99991231

No Change

HC-D

Quality

0233

HC-DM10a

BHCKF658

FRY9C

20150331

99991231

No Change

HC-D

Quality

0234

HC-DM10aTX

BHTXF658

FRY9C

20150331

99991231

No Change

HC-D

Quality

0235

HC-DM10b

BHCKF659

FRY9C

20150331

99991231

No Change

HC-D

Quality

0236

HC-DM10bTX BHTXF659

FRY9C

20180630

99991231

No Change

HC-D

Quality

0205

HC-DM10c

BHCKF660

HC-D13b should be greater than or equal to the bhckf624 ge (bhckf658 + bhckf659 + bhckf660)
sum of HC-DM10a through HC-DM10c.

FRY9C

20150331

99991231

No Change

HC-D

Quality

0237

HC-DM10c

BHCKF660

FRY9C

20150331

99991231

No Change

HC-D

Quality

0238

HC-DM10cTX

BHTXF660

If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckf660 ne null and bhckf660 ne 0 then
bhtxf660 ne null
if bhtxf660 ne null then bhckf660 ne null and
bhckf660 ne 0

FRY9C

20160930

99991231

No Change

HC-E

Quality

9440

HC-E1a

BHCB2210

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhcb2210 ne null and bhcb2210 ge 0

FRY9C

20160930

99991231

No Change

HC-E

Quality

9440

HC-E1b

BHCB3187

FRY9C

20160930

99991231

No Change

HC-E

Quality

9440

HC-E1c

BHCB2389

FRY9C

20170331

99991231

No Change

HC-E

Quality

9440

HC-E1d

BHCBHK29

FRY9C

20170331

99991231

No Change

HC-E

Quality

9440

HC-E1e

BHCBJ474

FRY9C

20160930

99991231

No Change

HC-E

Quality

6048

HC-E2a

BHOD3189

FRY9C

20160930

99991231

No Change

HC-E

Quality

9450

HC-E2a

BHOD3189

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E1a should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E1b should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E1c should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E1d should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E1e should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, Sum of HC-E1a and HC-E2a must be less
than or equal to HC-13a1.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E2a should not be negative.

September 2018

HC-DM9b2

MDRM
Number
BHCKF656

Edit Test

Alg Edit Test

If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckf656 ne null and bhckf656 ne 0 then
bhtxf656 ne null
if bhtxf656 ne null then bhckf656 ne null and
bhckf656 ne 0

HC-D9 should be greater than or equal to the
sum of HC-DM7a, HC-DM7b, and HC-DM9a2
through HC-DM9b3.
If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

bhcm3541 ge (bhckf652 + bhckf653 + bhckg213
+ bhckf655 + bhckf656 + bhckf657)

If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckf658 ne null and bhckf658 ne 0 then
bhtxf658 ne null
if bhtxf658 ne null then bhckf658 ne null and
bhckf658 ne 0

If financial data is not equal to null or zero, then
text data should not be null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckf659 ne null and bhckf659 ne 0 then
bhtxf659 ne null
if bhtxf659 ne null then bhckf659 ne null and
bhckf659 ne 0

if bhckf657 ne null and bhckf657 ne 0 then
bhtxf657 ne null
if bhtxf657 ne null then bhckf657 ne null and
bhckf657 ne 0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhcb3187 ne null and bhcb3187 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhcb2389 ne null and bhcb2389 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhcbhk29 ne null and bhcbhk29 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhcbj474 ne null and bhcbj474 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, (bhcb2210 + bhod3189) le bhdm6631
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhod3189 ge 0 or bhod3189 eq null

FR Y-9C: EDIT-35 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9450

Edit Test

Alg Edit Test

HC-E2b

MDRM
Number
BHOD3187

No Change

HC-E

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E2b should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhod3187 ge 0 or bhod3187 eq null

FRY9C

20160930

99991231

No Change

HC-E

Quality

9450

HC-E2c

BHOD2389

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E2c should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhod2389 ge 0 or bhod2389 eq null

FRY9C

20170331

99991231

No Change

HC-E

Quality

9450

HC-E2d

BHODHK29

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E2d should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhodhk29 ge 0 or bhodhk29 eq null

FRY9C

20170331

99991231

No Change

HC-E

Quality

6050

HC-E2e

BHODJ474

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, Sum of HC-E1b through HC-E1e plus the
sum of HC-E2b through HC-E2e should be
greater than or equal to HC-13a2.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, (bhcb3187 + bhcb2389 + bhcbhk29 +
bhcbj474) + (bhod3187 + bhod2389 +
bhodhk29 + bhodj474) ge bhdm6636

FRY9C

20170331

99991231

No Change

HC-E

Quality

9450

HC-E2e

BHODJ474

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-E2e should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhodj474 ge 0 or bhodj474 eq null

FRY9C

20170331

99991231

No Change

HC-E

Quality

9460

HC-EM1

BHDMHK06

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhdmhk06 ne null and bhdmhk06 ge 0

20170331

99991231

No Change

HC-E

Quality

6075

HC-EM2

BHDMHK31

FRY9C

20170331

99991231

No Change

HC-E

Quality

9460

HC-EM2

BHDMHK31

FRY9C

20170331

99991231

No Change

HC-E

Quality

6080

HC-EM3

BHDMHK32

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-EM1 should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, Sum of HC-EM1 and HC-EM2 should be
less than or equal to the sum of HC-E1d and HCE2d.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-EM2 should not be null and should
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if HC-EM3 is greater than zero, then HCEM3 should be greater than or equal to $250k.

FRY9C

FRY9C

20170331

99991231

No Change

HC-E

Quality

9460

HC-EM3

BHDMHK32

FRY9C

20160930

99991231

No Change

HC-E

Quality

6090

HC-EM4

BHFNA245

FRY9C

20160930

99991231

No Change

HC-E

Quality

9460

HC-EM4

BHFNA245

FRY9C

20150331

99991231

No Change

HC-F

Intraseries

6100

HC-F1

BHCKB556

FRY9C

20150331

99991231

No Change

HC-F

Quality

9460

HC-F1

BHCKB556

FRY9C

20150331

99991231

No Change

HC-F

Quality

9460

HC-F2

BHCK2148

FRY9C

20180630

99991231

No Change

HC-F

Quality

9460

HC-F3

BHCKHT80

September 2018

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, (bhdmhk06 + bhdmhk31) le (bhcbhk29 +
bhodhk29)
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhdmhk31 ne null and bhdmhk31 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if bhdmhk32 gt 0 then bhdmhk32 ge 250

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-EM3 should not be null and should SLHCs, bhdmhk32 ne null and bhdmhk32 ge 0
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, If the sum of HC-13b1 and HC-13b2 is SLHCs, if (bhfn6631 + bhfn6636) gt 0 then
greater than zero, then HC-EM4 should be
bhfna245 gt 0
greater than zero.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-EM4 should not be null and should SLHCs, bhfna245 ne null and bhfna245 ge 0
not be negative.
If HC-F1 (previous) is greater than zero, then HC- if bhckb556-q2 gt 0 then bhckb556-q1 gt 0
F1 (current) should be greater than zero.
HC-F1 should not be null and should not be
negative.
HC-F2 should not be null and should not be
negative.
HC-F3 should not be null and should not be
negative.

bhckb556 ne null and bhckb556 ge 0
bhck2148 ne null and bhck2148 ge 0
bhckht80 ne null and bhckht80 ge 0

FR Y-9C: EDIT-36 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
6130

HC-F4

MDRM
Number
BHCK1752

Edit Test

Alg Edit Test

No Change

HC-F

If HC-F4 (previous) is greater than or equal to
$100K, then HC-F4 (current) should be greater
than zero.
HC-F4 should not be null and should not be
negative.
HC-F5a should not be null and should not be
negative.
HC-F5b should not be null and should not be
negative.
HC-F5c should not be null and should not be
negative.
HC-F6 should not be null and should not be
negative.
If HC-F2 (previous) is equal to zero or HC-G2
(previous) is equal to zero, then HC-F2 (current)
should equal zero or HC-G2 (current) should
equal zero.
If HC-G3 (previous) is greater than zero, then
HC-G3 (current) should be greater than zero.

if bhck1752-q2 ge 100 then bhck1752-q1 gt 0

FRY9C

20150331

99991231

No Change

HC-F

Quality

9460

HC-F4

BHCK1752

FRY9C

20150331

99991231

No Change

HC-F

Quality

9460

HC-F5a

BHCKK201

FRY9C

20150331

99991231

No Change

HC-F

Quality

9460

HC-F5b

BHCKK202

FRY9C

20150331

99991231

No Change

HC-F

Quality

9460

HC-F5c

BHCKK270

FRY9C

20150331

99991231

No Change

HC-F

Quality

9460

HC-F6

BHCK2168

FRY9C

20150331

99991231

No Change

HC-G

Intraseries

6145

HC-G2

BHCK3049

FRY9C

20150331

99991231

No Change

HC-G

Intraseries

6150

HC-G3

BHCKB557

FRY9C

20150331

99991231

No Change

HC-G

Quality

1012

HC-G4

BHCKB984

HC-P7c should be less than or equal to HC-G4.

bhckm288 le bhckb984

FRY9C
FRY9C

20150331
20160930

99991231
99991231

No Change
No Change

HC-H
HC-H

Quality
Quality

6160
6165

HC-H1
HC-H2

BHCK3197
BHCK3296

bhck3197 gt 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck3296 le (bhdm6636 + bhfn6636)

9460

HC-I(I)3

BHCKB990

Quality

9460

HC-I(I)4

BHCKB991

HC-I

Quality

6178

HC-I(I)5

BHCKC245

HC-H1 should be greater than zero.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-H2 should be less than or equal to
the sum of HC-13a2 and HC-13b2.
HC-I(I)3 should not be null and should not be
negative.
HC-I(I)4 should not be null and should not be
negative.
HC-I(I)5 should be less than or equal to HC-I(I)2.

FRY9C

20150331

99991231

No Change

HC-I

Quality

FRY9C

20150331

99991231

No Change

HC-I

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

HC-I

Quality

9468

HC-I(II)2

BHCKB992

bhckb992 ne null and bhckb992 ge 0

99991231

No Change

HC-I

Quality

6179

HC-I(II)3

BHCKC248

20150331

99991231

No Change

HC-I

Quality

6180

HC-I(II)3

BHCKC248

FRY9C

20150331

99991231

No Change

HC-I

Quality

6181

HC-I(II)3

BHCKC248

HC-I(II)2 should not be null and should not be
negative.
If the sum of HC-I(I)6 and HC-I(II)7 is greater
than zero, then the sum of HC-I(I)2 and HC-I(II)3
should be greater than zero.
If the sum of HI-5d4, HI-Mem12b1, and HIMem12b2 is greater than zero, then the sum of
HC-I(I)2 and HC-I(II)3 should be greater than
zero.
If the sum of HI-Mem12b1 and HI-Mem12b2 is
greater than zero and equal to HI-5d5 (+/- 5%),
then the sum of HC-I(I)2 and HC-I(II)3 should be
greater than zero.

FRY9C

20150331

FRY9C

FRY9C

20150331

99991231

No Change

HC-I

Quality

6182

HC-I(II)3

BHCKC248

if bhckb983 gt 0 then (bhckc244 + bhckc248) gt
0

FRY9C

20150331

99991231

No Change

HC-I

Quality

9468

HC-I(II)4

BHCKB994

If HI-Mem12c is greater than zero, then the
sum of HC-I(I)2 and HC-I(II)3 should be greater
than zero.
HC-I(II)4 should not be null and should not be
negative.

September 2018

bhck1752 ne null and bhck1752 ge 0
bhckk201 ne null and bhckk201 ge 0
bhckk202 ne null and bhckk202 ge 0
bhckk270 ne null and bhckk270 ge 0
bhck2168 ne null and bhck2168 ge 0
if (bhck2148-q2 eq 0 or bhck3049-q2 eq 0) then
(bhck2148-q1 eq 0 or bhck3049-q1 eq 0)

if bhckb557-q2 gt 0 then bhckb557-q1 gt 0

bhckb990 ne null and bhckb990 ge 0
bhckb991 ne null and bhckb991 ge 0
bhckc245 le bhckc244

if (bhckc246 + bhckc250) gt 0 then (bhckc244 +
bhckc248) gt 0
if (bhckc386 + bhckc242 + bhckc243) gt 0 then
(bhckc244 + bhckc248) gt 0

if (bhckc242 + bhckc243) gt 0 and ((bhckc242 +
bhckc243) le (bhckc387 * 1.05) and (bhckc242
+ bhckc243) ge (bhckc387 * 0.95)) then
(bhckc244 + bhckc248) gt 0

bhckb994 ne null and bhckb994 ge 0

FR Y-9C: EDIT-37 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
6183

Edit Test

Alg Edit Test

HC-I(II)5

MDRM
Number
BHCKB996

No Change

HC-I

If HC-I(II)2 is greater than zero, then HC-I(II)2
should equal HC-I(II)5. (- 5%)

if (bhckb992 gt 0) then bhckb992 ge (bhckb996
*.95) and bhckb992 le bhckb996

FRY9C

20150331

99991231

No Change

HC-I

Quality

9468

HC-I(II)5

BHCKB996

bhckb996 ne null and bhckb996 ge 0

Quality

6185

HC-I(II)6

BHCKC249

HC-I(II)5 should not be null and should not be
negative.
If the sum of HI-5d4, HI-Mem12b1, and HIMem12b2, HC-I(I)2, HC-I(I)6, HC-I(II)3, and HCI(II)7 is greater than zero, then the sum of HCI(I)5 and HC-I(II)6 should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-I

FRY9C

20150331

99991231

No Change

HC-I

Quality

6187

HC-I(II)6

BHCKC249

FRY9C

20150331

99991231

No Change

HC-I

Quality

6188

HC-I(II)6

BHCKC249

FRY9C

20150331

99991231

No Change

HC-I

Quality

6189

HC-I(II)6

BHCKC249

FRY9C

20150331

99991231

No Change

HC-I

Quality

6190

HC-I(II)6

BHCKC249

FRY9C

20150331

99991231

No Change

HC-I

Quality

6191

HC-I(II)7

BHCKC250

FRY9C

20150331

99991231

No Change

HC-I

Quality

6193

HC-I(II)7

BHCKC250

FRY9C

20150331

99991231

No Change

HC-I

Quality

6195

HC-I(II)7

BHCKC250

FRY9C

20150331

99991231

No Change

HC-I

Quality

6197

HC-I(II)7

BHCKC250

FRY9C

20150331

99991231

No Change

HC-I

Quality

6199

HC-I(II)7

BHCKC250

FRY9C

20150331

99991231

No Change

HC-K

Intraseries

0520

HC-K1a

BHCKB558

FRY9C

20150331

99991231

No Change

HC-K

Quality

0520

HC-K1a

BHCKB558

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K1a

BHCKB558

FRY9C

20150331

99991231

No Change

HC-K

Intraseries

0521

HC-K1b

BHCKB559

September 2018

if (bhckc386 + bhckc242 + bhckc243 +
bhckc244 + bhckc246 + bhckc248 + bhckc250)
gt 0 then (bhckc245 + bhckc249) gt 0

If the sum of HC-I(I)6 and HC-I(II)7 is greater
if (bhckc246 + bhckc250) gt 0 then (bhckc245 +
than zero, then the sum of HC-I(I)5 and HC-I(II)6 bhckc249) gt 0
should be greater than zero.
If the sum of HI-5d4, HI-Mem12b1 and HIif (bhckc386 + bhckc242 + bhckc243) gt 0 then
Mem12b2 is greater than zero, then the sum of (bhckc245 + bhckc249) gt 0
HC-I(I)5 and HC-I(II)6 should be greater than
zero.
HC-I(II)6 should be less than or equal to HCbhckc249 le bhckc248
I(II)3.
If HI-Mem12c is greater than zero, then the
if bhckb983 gt 0 then (bhckc245 + bhckc249) gt
sum of HC-I(I)5 and HC-I(II)6 should be greater 0
than zero.
If the sum of HI-5d4, HI-Mem12b1, and HIif (bhckc386 + bhckc242 + bhckc243) gt 0 then
Mem12b2 is greater than zero, then the sum of (bhckc246 + bhckc250) ne 0 or null
HC-I(I)6 and HC-I(II)7 should not equal zero or
null.
If HI-Mem12c is greater than zero, then the
if (bhckb983 gt 0) then (bhckc246 + bhckc250)
sum HC-I(I)6 and HC-I(II)7 should not equal zero ne 0 or null
or null.
If HC-M21 is greater than zero, then the sum of if (bhckc253 gt 0) then (bhckc386 + bhckc243 +
HI-5d4, HI-Mem12b2, HC-I(I)2, HC-I(I)5, HCbhckc244 + bhckc245 + bhckc246 + bhckc248 +
I(I)6, HC-I(II)3, HC-I(II)6, and HC-I(II)7 should be bhckc249 + bhckc250) gt 0
greater than zero.
If the sum of HC-I(I)2, HC-I(I)5, HC-I(II)3, and HC- if (bhckc244 + bhckc245 + bhckc248 +
I(II)6 is greater than $100k, then the sum of HC- bhckc249) gt 100 then (bhckc246 + bhckc250)
I(I)6 and HC-I(II)7 should not equal zero or null. ne 0 or null
If HC-I(I)6 and HC-I(II)7 are not equal to zero,
then the sum of HC-I(I)6 and HC-I(II)7 should be
less than HI-14.
For June, September, and December, if HI-1d1
(current) minus HI-1d1 (previous) is greater
than $30K, then HC-K1a (current) should be
greater than zero.
For March, if HI-1d1 is greater than $30K, then
HC-K1a should be greater than zero.
HC-K1a should not be null and should not be
negative.
For June, September, and December, if HI-1d2
(current) minus HI-1d2 (previous) is greater
than $100K, then HC-K1b (current) should be
greater than zero.

if ((bhckc246 + bhckc250) ne 0) then (bhckc246
+ bhckc250) lt bhck4340
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckb488-q1 - bhckb488-q2) gt 30
then bhckb558-q1 gt 0
if (mm-q1 eq 03) and bhckb488 gt 30 then
bhckb558 gt 0
bhckb558 ne null and bhckb558 ge 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckb489-q1 - bhckb489-q2) gt 100
then bhckb559-q1 gt 0

FR Y-9C: EDIT-38 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
0521

Edit Test

HC-K1b

MDRM
Number
BHCKB559

No Change

HC-K

FRY9C

20150331

99991231

No Change

HC-K

Quality

FRY9C

20150331

99991231

No Change

HC-K

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20160930

FRY9C

9480

HC-K1b

BHCKB559

bhckb559 ne null and bhckb559 ge 0

Intraseries

0522

HC-K1c

BHCKB560

HC-K

Quality

0522

HC-K1c

BHCKB560

No Change

HC-K

Quality

9480

HC-K1c

BHCKB560

99991231

No Change

HC-K

Intraseries

0523

HC-K2

BHCK3365

20160930

99991231

No Change

HC-K

Quality

0523

HC-K2

BHCK3365

HC-K1b should not be null and should not be
negative.
For June, September, and December, if HI-1d3
(current) minus HI-1d3 (previous) is greater
than $75K, then HC-K1c (current) should be
greater than zero.
For March, if HI-1d3 is greater than $75K, then
HC-K1c should be greater than zero.
HC-K1c should not be null and should not be
negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-1f (current) minus HI-1f (previous) is greater
than $50K, then HC-K2 (current) should be
greater than zero.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For March, if HI-1f is greater than $50K,
then HC-K2 should be greater than zero.

FRY9C

20160930

99991231

No Change

HC-K

Quality

9480

HC-K2

BHCK3365

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck3365 ne null and bhck3365 ge 0

FRY9C

20150331

99991231

No Change

HC-K

Quality

0394

HC-K3a

BHDM3516

FRY9C

20150331

99991231

No Change

HC-K

Quality

6220

HC-K3a

BHDM3516

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K3a1

BHDM3465

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K3a2

BHDM3466

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K3a3

BHDM3386

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K3a4

BHDM3387

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K3a5a

BHDMB561

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K3a5b

BHDMB562

FRY9C

20150331

99991231

No Change

HC-K

Intraseries

0524

HC-K3b

BHFN3360

FRY9C

20150331

99991231

No Change

HC-K

Quality

0524

HC-K3b

BHFN3360

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-K2 should not be null and should not
be negative.
HC-K3a should be greater than or equal to the
sum of HC-K3a1 and HC-K3a2.
If HC-C12B is greater than zero, then HC-K3a
should be greater than zero.
HC-K3a1 should not be null and should not be
negative.
HC-K3a2 should not be null and should not be
negative.
HC-K3a3 should not be null and should not be
negative.
HC-K3a4 should not be null and should not be
negative.
HC-K3a5a should not be null and should not be
negative.
HC-K3a5b should not be null and should not be
negative.
For June, September, and December, if HI-1a2
(current) minus HI-1a2 (previous) is greater
than $100K, then HC-K3b (current) should be
greater than zero.
For March, if HI-1a2 is greater than $100K, then
HC-K3b should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-K

Intraseries

0525

HC-K4a

BHCK3401

September 2018

Alg Edit Test

For March, if HI-1d2 is greater than $100K, then if (mm-q1 eq 03) and bhckb489 gt 100 then
HC-K1b should be greater than zero.
bhckb559 gt 0

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4060-q1 - bhck4060-q2) gt 75
then bhckb560-q1 gt 0
if (mm-q1 eq 03) and bhck4060 gt 75 then
bhckb560 gt 0
bhckb560 ne null and bhckb560 ge 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if (mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4020-q1 - bhck4020-q2) gt
50 then bhck3365-q1 gt 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if (mm-q1 eq 03) and bhck4020 gt 50
then bhck3365 gt 0

bhdm3516 ge (bhdm3465 + bhdm3466)
if bhdm2122 gt 0 then bhdm3516 gt 0
bhdm3465 ne null and bhdm3465 ge 0
bhdm3466 ne null and bhdm3466 ge 0
bhdm3386 ne null and bhdm3386 ge 0
bhdm3387 ne null and bhdm3387 ge 0
bhdmb561 ne null and bhdmb561 ge 0
bhdmb562 ne null and bhdmb562 ge 0
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck4059-q1 - bhck4059-q2) gt 100
then bhfn3360-q1 gt 0
if (mm-q1 eq 03) and bhck4059 gt 100 then
bhfn3360 gt 0

For June, September, and December, if HI-1e
if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(current) minus HI-1e (previous) is greater than 12) and (bhck4069-q1 - bhck4069-q2) gt 30
$30K, then HC-K4a (current) should be greater then bhck3401-q1 gt 0
than zero.

FR Y-9C: EDIT-39 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
0525

HC-K4a

MDRM
Number
BHCK3401

No Change

HC-K

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20180630

FRY9C

HC-K

Quality

6222

HC-K4a

BHCK3401

No Change

HC-K

Quality

6229

HC-K4a

BHCK3401

99991231

No Change

HC-K

Quality

9480

HC-K4a

BHCK3401

20150331

99991231

No Change

HC-K

Quality

6230

HC-K4b

BHCKB985

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K4b

BHCKB985

FRY9C

20150331

99991231

No Change

HC-K

Intraseries

0526

HC-K5

BHCK3368

FRY9C
FRY9C

20150331
20170331

99991231
99991231

No Change
No Change

HC-K
HC-K

Quality
Intraseries

6240
0527

HC-K5
HC-K6

BHCK3368
BHCK3517

FRY9C

20170331

99991231

No Change

HC-K

Quality

0527

HC-K6

BHCK3517

FRY9C

20160930

99991231

No Change

HC-K

Quality

6256

HC-K6

BHCK3517

FRY9C

20160930

99991231

No Change

HC-K

Quality

9480

HC-K6

BHCK3517

FRY9C

20160930

99991231

No Change

HC-K

Intraseries

0528

HC-K7

BHCK3404

FRY9C

20160930

99991231

No Change

HC-K

Quality

0528

HC-K7

BHCK3404

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For March, if HI-2a2 is greater than
SLHCs, if (mm-q1 eq 03) and bhck4172 gt 20
$20K, then HC-K7 should be greater than zero. then bhck3404 gt 0

FRY9C

20160930

99991231

No Change

HC-K

Quality

6275

HC-K7

BHCK3404

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, If HC-K7 is greater than $1M, then HCK7 should not equal HC-13b2.

September 2018

Edit Test

Alg Edit Test

For March, if HI-1e is greater than $30K, then
HC-K4a should be greater than zero.
If HC-5 is greater than zero, then HC-K4a should
be greater than zero.
If HC-K4a is greater than $1M, then HC-K4a
should not equal HC-5.
If HC-K4a is greater than or equal to $10 million
in any of the four preceding quarters, then HCK4a should not be null and should not be
negative.
If the sum of HC-1b1, HC-1b2, and HC-8 is
greater than zero, then HC-K4b should be
greater than zero.
HC-K4b should not be null and should not be
negative.
If HI-A9 (current) equals zero, and HC-12
(current) plus HC-12 (previous) is greater than
zero then HC-K5 (current) should not be equal
to zero.
HC-K5 should not equal HC-12.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
the sum of HI-2a1a, HI-2a1b, and HI-2a1c
(current) minus the sum of HI-2a1a, HI-2a1b,
and HI-2a1c (previous) is greater than $50K,
then HC-K6 (current) should be greater than
zero.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For March, if the sum of HI-2a1a, HI2a1b, and HI-2a1c is greater than $50K, then
HC-K6 should be greater than zero.

if (mm-q1 eq 03) and bhck4069 gt 30 then
bhck3401 gt 0
if bhck3545 gt 0 then bhck3401 gt 0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, If HC-K6 is greater than $1M, then HCK6 should not equal HC-13a2.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-K6 should not be null and should not
be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-2a2 (current) minus HI-2a2 (previous) is
greater than $20K, then HC-K7 (current) should
be greater than zero.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if bhck3517 gt 1000 then bhck3517 ne
bhdm6636
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck3517 ne null and bhck3517 ge 0

if bhck3401 gt 1000 then bhck3401 ne
bhck3545
if (bhck3401-q2 ge 10000 or bhck3401-q3 ge
10000 or bhck3401-q4 ge 10000 or bhck3401q5 ge 10000) then bhck3401 ne null and
bhck3401 ge 0
if (bhck0395 + bhck0397 + bhck2130) gt 0 then
bhckb985 gt 0
bhckb985 ne null and bhckb985 ge 0
if bhck4356-q1 eq 0 and (bhck2170-q1 +
bhck2170-q2) gt 0 then bhck3368-q1 ne 0

bhck3368 ne bhck2170
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if (mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and ((bhckhk03-q1 + bhckhk04-q1 +
bhck6761-q1) - (bhckhk03-q2 + bhckhk04-q2 +
bhck6761-q2)) gt 50 then bhck3517-q1 gt 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if (mm-q1 eq 03) and (bhckhk03 +
bhckhk04 + bhck6761) gt 50 then bhck3517 gt
0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if (mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4172-q1 - bhck4172-q2) gt
20 then bhck3404-q1 gt 0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if bhck3404 gt 1000 then bhck3404 ne
bhfn6636

FR Y-9C: EDIT-40 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9480

HC-K7

MDRM
Number
BHCK3404

No Change

HC-K

FRY9C

20160930

99991231

No Change

HC-K

Intraseries

0529

HC-K8

BHCK3353

FRY9C

20160930

99991231

No Change

HC-K

Quality

0529

HC-K8

BHCK3353

FRY9C

20160930

99991231

No Change

HC-K

Quality

9480

HC-K8

BHCK3353

FRY9C

20150331

99991231

No Change

HC-K

Intraseries

0530

HC-K9

BHCK2635

FRY9C

20150331

99991231

No Change

HC-K

Quality

0530

HC-K9

BHCK2635

FRY9C

20150331

99991231

No Change

HC-K

Quality

9480

HC-K9

BHCK2635

FRY9C

20150331

99991231

No Change

HC-K

Intraseries

0532

HC-K11

BHCK3519

FRY9C

20150331

99991231

No Change

HC-K

Quality

6293

HC-K11

BHCK3519

FRY9C

20150331

99991231

No Change

HC-L

Quality

6297

HC-L1a

BHCK3814

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1a

BHCK3814

FRY9C

20150331

99991231

No change

HC-L

Quality

9480

HC-L1b1

BHCKJ455

FRY9C

20150331

99991231

No change

HC-L

Quality

9480

HC-L1b2

BHCKJ456

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1c1

BHCK3816

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1c1a

BHCKF164

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1c1b

BHCKF165

FRY9C

20150331

99991231

No Change

HC-L

Quality

6299

HC-L1c2

BHCK6550

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1c2

BHCK6550

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

6300

HC-L1d

BHCK3817

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-K7 should not be null and should not
be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For June, September, and December, if
HI-2b (current) minus HI-2b(previous) is greater
than $50K, then HC-K8 (current) should be
greater than zero.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, For March, if HI-2b is greater than $50K,
then HC-K8 should be greater than zero.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck3404 ne null and bhck3404 ge 0

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-K8 should not be null and should not
be negative.
For June, September, and December, if HC-15
(current) equals zero and HI-2c (current) minus
HI-2c (previous) is greater than $100K, then HCK9 (current) should be greater than zero.

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck3353 ne null and bhck3353 ge 0

For March, if HC-15 equals zero and HI-2c is
greater than $100K, then HC-K9 should be
greater than zero.
HC-K9 should not be null and should not be
negative.
If HC-27a (current) is not equal to zero or HC27a (previous) is not equal to zero, then HC-K11
(current) should not be equal to zero.

if (mm-q1 eq 03) and bhck3548 eq 0 and
bhck4185 gt 100 then bhck2635 gt 0

Sum of HC-K6 through HC-K11 should be less
than or equal to HC-K5.
If HC-C1c1B equals zero, then HC-L1a should be
less than $500K.
HC-L1a should not be null and should not be
negative.
HC-L1b1 should not be null and should not be
negative.
HC-L1b2 should not be null and should not be
negative.
HC-L1c1 should not be null and should not be
negative.
HC-L1c1a should not be null and should not be
negative.
HC-L1c1b should not be null and should not be
negative.
If HC-L1c2 is greater than $1M, then HC-CM2
should be greater than zero.
HC-L1c2 should not be null and should not be
negative.
If HC-L1d (previous) equals zero, then HC-L1d
(current) should equal zero.

(bhck3517 + bhck3404 + bhck3353 + bhck2635
+ bhck3519) le bhck3368
if bhdm1797 eq 0 then bhck3814 lt 500

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if (mm-q1 eq 06 or mm-q1 eq 09 or mmq1 eq 12) and (bhck4180-q1 - bhck4180-q2) gt
50 then bhck3353-q1 gt 0
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if (mm-q1 eq 03) and bhck4180 gt 50
then bhck3353 gt 0

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and bhck3548-q1 eq 0 and (bhck4185-q1 bhck4185-q2) gt 100 then bhck2635-q1 gt 0

bhck2635 ne null and bhck2635 ge 0
if (bhck3210-q1 ne 0 or bhck3210-q2 ne 0) then
bhck3519-q1 ne 0

bhck3814 ne null and bhck3814 ge 0
bhckj455 ne null and bhckj455 ge 0
bhckj456 ne null and bhckj456 ge 0
bhck3816 ne null and bhck3816 ge 0
bhckf164 ne null and bhckf164 ge 0
bhckf165 ne null and bhckf165 ge 0
if bhck6550 gt 1000 then bhck2746 gt 0
bhck6550 ne null and bhck6550 ge 0
if bhck3817-q2 eq 0 then bhck3817-q1 eq 0

FR Y-9C: EDIT-41 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9480

HC-L1d

MDRM
Number
BHCK3817

No Change

HC-L

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1e1

BHCKJ457

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1e2

BHCKJ458

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L1e3

BHCKJ459

FRY9C

20150331

99991231

No Change

HC-L

Quality

6306

HC-L2

BHCK6566

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L2

BHCK6566

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC-L
HC-L

Quality
Quality

9470
6309

HC-L2a
HC-L3

BHCK3820
BHCK6570

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L3

BHCK6570

FRY9C
FRY9C

20150331
20150331

99991231
99991231

No Change
No Change

HC-L
HC-L

Quality
Quality

9470
9480

HC-L3a
HC-L4

BHCK3822
BHCK3411

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

6313

HC-L6a

BHCK3433

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L6a

BHCK3433

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a1A

BHCKC968

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a1B

BHCKC969

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a2A

BHCKC970

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a2B

BHCKC971

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a3A

BHCKC972

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a3B

BHCKC973

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

6316

HC-L7a4A

BHCKC974

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a4A

BHCKC974

September 2018

Edit Test

Alg Edit Test

HC-L1d should not be null and should not be
bhck3817 ne null and bhck3817 ge 0
negative.
HC-L1e1 should not be null and should not be bhckj457 ne null and bhckj457 ge 0
negative.
HC-L1e2 should not be null and should not be bhckj458 ne null and bhckj458 ge 0
negative.
HC-L1e3 should not be null and should not be bhckj459 ne null and bhckj459 ge 0
negative.
If HC-L2 is greater than zero, then HC-L2a
if bhck6566 gt 0 then bhck3820 ne bhck6566
should not equal HC-L2.
HC-L2 should not be null and should not be
bhck6566 ne null and bhck6566 ge 0
negative.
HC-L2a should not be negative.
bhck3820 ge 0 or bhck3820 eq null
If HC-L3 is greater than zero, then HC-L3a
if bhck6570 gt 0 then bhck3822 ne bhck6570
should not equal HC-L3.
HC-L3 should not be null and should not be
bhck6570 ne null and bhck6570 ge 0
negative.
HC-L3a should not be negative.
bhck3822 ge 0 or bhck3822 eq null
HC-L4 should not be null and should not be
bhck3411 ne null and bhck3411 ge 0
negative.
If the sum of HC-BM1 (previous) and HC-L6
if (bhck0416-q2 + bhck3433-q2) le (bhck1754(previous) is less than or equal to the sum of HC- q2 + bhck1773-q2) then (bhck0416-q1 +
2a (previous) and HC-2b (previous), then the
bhck3433-q1) le (bhck1754-q1 + bhck1773-q1)
sum of HC-BM1 (current) and HC-L6a (current)
should be less than or equal to the sum of HC2a (current) and HC-2b (current).
HC-L6a should not be null and should not be
negative.
HC-L7a1A should not be null and should not be
negative.
HC-L7a1B should not be null and should not be
negative.
HC-L7a2A should not be null and should not be
negative.
HC-L7a2B should not be null and should not be
negative.
HC-L7a3A should not be null and should not be
negative.
HC-L7a3B should not be null and should not be
negative.
If the sum of HC-L7a1A through HC-L7a4A
(previous) is greater than the sum of HC-L7a1B
through HC-L7a4B (previous), then the sum of
HC-L7a1A through HC-L7a4A (current) should
be greater than the sum of HC-L7a1B through
HC-L7a4B (current).

bhck3433 ne null and bhck3433 ge 0
bhckc968 ne null and bhckc968 ge 0
bhckc969 ne null and bhckc969 ge 0
bhckc970 ne null and bhckc970 ge 0
bhckc971 ne null and bhckc971 ge 0
bhckc972 ne null and bhckc972 ge 0
bhckc973 ne null and bhckc973 ge 0
if ((bhckc968-q2 + bhckc970-q2 + bhckc972-q2
+ bhckc974-q2) gt (bhckc969-q2 + bhckc971-q2
+ bhckc973-q2 + bhckc975-q2)) then
((bhckc968-q1 + bhckc970-q1 + bhckc972-q1 +
bhckc974-q1) gt (bhckc969-q1 + bhckc971-q1 +
bhckc973-q1 + bhckc975-q1))

HC-L7a4A should not be null and should not be bhckc974 ne null and bhckc974 ge 0
negative.

FR Y-9C: EDIT-42 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
6317

Edit Test

Alg Edit Test

HC-L7a4B

MDRM
Number
BHCKC975

No Change

HC-L

If the sum of HC-L7a1B through HC-L7a4B
(previous) is greater than the sum of HC-L7a1A
through HC-L7a4A (previous), then the sum of
HC-L7a1B through HC-L7a4B (current) should
be greater than the sum of HC-L7a1A through
HC-L7a4A (current).

if ((bhckc969-q2 + bhckc971-q2 + bhckc973-q2
+ bhckc975-q2) gt (bhckc968-q2 + bhckc970-q2
+ bhckc972-q2 + bhckc974-q2)) then
((bhckc969-q1 + bhckc971-q1 + bhckc973-q1 +
bhckc975-q1) gt (bhckc968-q1 + bhckc970-q1 +
bhckc972-q1 + bhckc974-q1))

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7a4B

BHCKC975

bhckc975 ne null and bhckc975 ge 0

Quality

9480

HC-L7c1a

BHCKG401

HC-L7a4B should not be null and should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-L7c1a should not be null
and should not be negative.

FRY9C

20160930

99991231

No Change

HC-L

FRY9C

20160930

99991231

No Change

HC-L

Quality

9480

HC-L7c1b

BHCKG402

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-L7c1b should not be null
and should not be negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg402 ne null and
bhckg402 ge 0

FRY9C

20160930

99991231

No Change

HC-L

Quality

9480

HC-L7c2a

BHCKG403

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-L7c2a should not be null
and should not be negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg403 ne null and
bhckg403 ge 0

FRY9C

20160930

99991231

No Change

HC-L

Quality

9480

HC-L7c2b

BHCKG404

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-L7c2b should not be null
and should not be negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg404 ne null and
bhckg404 ge 0

FRY9C

20160930

99991231

No Change

HC-L

Quality

9480

HC-L7c2c

BHCKG405

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-L7c2c should not be null
and should not be negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg405 ne null and
bhckg405 ge 0

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d1aA

BHCKG406

bhckg406 ne null and bhckg406 ge 0

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d1aB

BHCKG407

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d1aC

BHCKG408

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d1bA

BHCKG409

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d1bB

BHCKG410

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d1bC

BHCKG411

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d2aA

BHCKG412

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d2aB

BHCKG413

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d2aC

BHCKG414

HC-L7d1aA should not be null and should not
be negative.
HC-L7d1aB should not be null and should not
be negative.
HC-L7d1aC should not be null and should not
be negative.
HC-L7d1bA should not be null and should not
be negative.
HC-L7d1bB should not be null and should not
be negative.
HC-L7d1bC should not be null and should not
be negative.
HC-L7d2aA should not be null and should not
be negative.
HC-L7d2aB should not be null and should not
be negative.
HC-L7d2aC should not be null and should not
be negative.

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg401 ne null and
bhckg401 ge 0

bhckg407 ne null and bhckg407 ge 0
bhckg408 ne null and bhckg408 ge 0
bhckg409 ne null and bhckg409 ge 0
bhckg410 ne null and bhckg410 ge 0
bhckg411 ne null and bhckg411 ge 0
bhckg412 ne null and bhckg412 ge 0
bhckg413 ne null and bhckg413 ge 0
bhckg414 ne null and bhckg414 ge 0

FR Y-9C: EDIT-43 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9480

HC-L7d2bA

MDRM
Number
BHCKG415

No Change

HC-L

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d2bB

BHCKG416

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L7d2bC

BHCKG417

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

6319

HC-L8

BHCK8765

FRY9C

20150331

99991231

No Change

HC-L

Quality

6320

HC-L9

BHCK3430

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L9

BHCK3430

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

6326

HC-L9a

BHCK3434

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L6b

BHCK3432

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L9a

BHCK3434

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L9b

BHCK3435

FRY9C

20150331

99991231

No Change

HC-L

Quality

6330

HC-L9c

BHCK6561

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L9c

BHCK6561

FRY9C

20150331

99991231

No Change

HC-L

Quality

6331

HC-L9cTX

TEXT6561

FRY9C

20150331

99991231

No Change

HC-L

Quality

6332

HC-L9d

BHCK6562

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L9d

BHCK6562

FRY9C

20150331

99991231

No Change

HC-L

Quality

6333

HC-L9dTX

TEXT6562

FRY9C

20150331

99991231

No Change

HC-L

Quality

6334

HC-L9e

BHCK6568

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L9e

BHCK6568

FRY9C

20150331

99991231

No Change

HC-L

Quality

6335

HC-L9eTX

TEXT6568

FRY9C

20150331

99991231

No Change

HC-L

Quality

6336

HC-L9f

BHCK6586

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L9f

BHCK6586

September 2018

Edit Test

Alg Edit Test

HC-L7d2bA should not be null and should not bhckg415 ne null and bhckg415 ge 0
be negative.
HC-L7d2bB should not be null and should not bhckg416 ne null and bhckg416 ge 0
be negative.
HC-L7d2bC should not be null and should not bhckg417 ne null and bhckg417 ge 0
be negative.
If HC-L8 (previous) is greater than zero, then HC- if bhck8765-q2 gt 0 then bhck8765-q1 gt 0
L8 (current) should be greater than zero.
HC-L9 divided by HC-12 should not exceed
tolerance of 10%
HC-L9 should not be null and should not be
negative.
If the sum of HC-L9a (previous) through HC-L9f
(previous) is greater than zero, and 25 percent
of HC-27a (current) exceeds $5M, then the sum
of HC-L9a (current) through HC-L9f (current)
should be greater than zero.
HC-L6b should not be null and should not be
negative.
HC-L9a should not be null and should not be
negative.
HC-L9b should not be null and should not be
negative.
If financial data is not equal to null or zero, then
text data should not be null.
HC-L9c should not be null and should not be
negative.
If text data is not equal to null, then financial
data should not equal null or zero.

(bhck3430/bhck2170) *100 le 10
bhck3430 ne null and bhck3430 ge 0
if (bhck3434-q2 + bhck3435-q2 + bhck6561-q2
+ bhck6562-q2 + bhck6568-q2 + bhck6586-q2)
gt 0 and (bhck3210-q1 * .25) gt 5000 then
(bhck3434-q1 + bhck3435-q1 + bhck6561-q1 +
bhck6562-q1 + bhck6568-q1 + bhck6586-q1) gt
0
bhck3432 ne null and bhck3432 ge 0
bhck3434 ne null and bhck3434 ge 0
bhck3435 ne null and bhck3435 ge 0
if bhck6561 ne null and bhck6561 ne 0 then
text6561 ne null
bhck6561 ne null and bhck6561 ge 0
if text6561 ne null then bhck6561 ne null and
bhck6561 ne 0

If financial data is not equal to null or zero, then
text data should not be null.
HC-L9d should not be null and should not be
negative.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhck6562 ne null and bhck6562 ne 0 then
text6562 ne null
bhck6562 ne null and bhck6562 ge 0

If financial data is not equal to null or zero, then
text data should not be null.
HC-L9e should not be null and should not be
negative.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhck6568 ne null and bhck6568 ne 0 then
text6568 ne null
bhck6568 ne null and bhck6568 ge 0

if text6562 ne null then bhck6562 ne null and
bhck6562 ne 0

if text6568 ne null then bhck6568 ne null and
bhck6568 ne 0

If financial data is not equal to null or zero, then if bhck6586 ne null and bhck6586 ne 0 then
text data should not be null.
text6586 ne null
HC-L9f should not be null and should not be
bhck6586 ne null and bhck6586 ge 0
negative.

FR Y-9C: EDIT-44 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
6337

Edit Test

Alg Edit Test

HC-L9fTX

MDRM
Number
TEXT6586

No Change

HC-L

If text data is not equal to null, then financial
data should not equal null or zero.

if text6586 ne null then bhck6586 ne null and
bhck6586 ne 0

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11aA

BHCK8693

bhck8693 ne null and bhck8693 ge 0

Quality

9480

HC-L11aB

BHCK8694

HC-L

Quality

9480

HC-L11aC

BHCK8695

No Change

HC-L

Quality

9480

HC-L11aD

BHCK8696

99991231

No Change

HC-L

Quality

9480

HC-L11bA

BHCK8697

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11bB

BHCK8698

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11bC

BHCK8699

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11bD

BHCK8700

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c1A

BHCK8701

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c1B

BHCK8702

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c1C

BHCK8703

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c1D

BHCK8704

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c2A

BHCK8705

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c2B

BHCK8706

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c2C

BHCK8707

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11c2D

BHCK8708

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d1A

BHCK8709

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d1B

BHCK8710

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d1C

BHCK8711

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d1D

BHCK8712

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d2A

BHCK8713

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d2B

BHCK8714

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d2C

BHCK8715

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11d2D

BHCK8716

HC-L11aA should not be null and should not be
negative.
HC-L11aB should not be null and should not be
negative.
HC-L11aC should not be null and should not be
negative.
HC-L11aD should not be null and should not be
negative.
HC-L11bA should not be null and should not be
negative.
HC-L11bB should not be null and should not be
negative.
HC-L11bC should not be null and should not be
negative.
HC-L11bD should not be null and should not be
negative.
HC-L11c1A should not be null and should not
be negative.
HC-L11c1B should not be null and should not be
negative.
HC-L11c1C should not be null and should not be
negative.
HC-L11c1D should not be null and should not
be negative.
HC-L11c2A should not be null and should not
be negative.
HC-L11c2B should not be null and should not be
negative.
HC-L11c2C should not be null and should not be
negative.
HC-L11c2D should not be null and should not
be negative.
HC-L11d1A should not be null and should not
be negative.
HC-L11d1B should not be null and should not
be negative.
HC-L11d1C should not be null and should not
be negative.
HC-L11d1D should not be null and should not
be negative.
HC-L11d2A should not be null and should not
be negative.
HC-L11d2B should not be null and should not
be negative.
HC-L11d2C should not be null and should not
be negative.
HC-L11d2D should not be null and should not
be negative.

FRY9C

20150331

99991231

No Change

HC-L

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

September 2018

bhck8694 ne null and bhck8694 ge 0
bhck8695 ne null and bhck8695 ge 0
bhck8696 ne null and bhck8696 ge 0
bhck8697 ne null and bhck8697 ge 0
bhck8698 ne null and bhck8698 ge 0
bhck8699 ne null and bhck8699 ge 0
bhck8700 ne null and bhck8700 ge 0
bhck8701 ne null and bhck8701 ge 0
bhck8702 ne null and bhck8702 ge 0
bhck8703 ne null and bhck8703 ge 0
bhck8704 ne null and bhck8704 ge 0
bhck8705 ne null and bhck8705 ge 0
bhck8706 ne null and bhck8706 ge 0
bhck8707 ne null and bhck8707 ge 0
bhck8708 ne null and bhck8708 ge 0
bhck8709 ne null and bhck8709 ge 0
bhck8710 ne null and bhck8710 ge 0
bhck8711 ne null and bhck8711 ge 0
bhck8712 ne null and bhck8712 ge 0
bhck8713 ne null and bhck8713 ge 0
bhck8714 ne null and bhck8714 ge 0
bhck8715 ne null and bhck8715 ge 0
bhck8716 ne null and bhck8716 ge 0

FR Y-9C: EDIT-45 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9480

HC-L11eA

MDRM
Number
BHCK3450

No Change

HC-L

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11eB

BHCK3826

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11eC

BHCK8719

FRY9C

20150331

99991231

No Change

HC-L

Quality

9480

HC-L11eD

BHCK8720

FRY9C

20180630

99991231

No Change

HC-L

Quality

6360

HC-L12D

BHCK8724

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0298

HC-L15aA

BHCKG418

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0300

HC-L15aC

BHCKG420

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0301

HC-L15aD

BHCKG421

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0302

HC-L15aE

BHCKG422

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0303

HC-L15b1A

BHCKG423

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0305

HC-L15b1C

BHCKG425

September 2018

Edit Test

Alg Edit Test

HC-L11eA should not be null and should not be
negative.
HC-L11eB should not be null and should not be
negative.
HC-L11eC should not be null and should not be
negative.
HC-L11eD should not be null and should not be
negative.
If the sum of HC-D11 and HC-D14 is greater
than zero, then the sum of HC-L12 (Columns A
through D) should be greater than zero.

bhck3450 ne null and bhck3450 ge 0
bhck3826 ne null and bhck3826 ge 0
bhck8719 ne null and bhck8719 ge 0
bhck8720 ne null and bhck8720 ge 0
if ((bhcm3543 + bhck3547) gt 0) then
((bhcka126 + bhcka127 + bhck8723 +
bhck8724) gt 0)

If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15aA should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg418 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15aC should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg420 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15aD should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg421 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15aE should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg422 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b1A should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg423 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b1C should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg425 ne
null

FR Y-9C: EDIT-46 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180930
99991231

TargetItem

Intraseries

Edit
Number
0306

HC-L15b1D

MDRM
Number
BHCKG426

Revised

HC-L

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0307

HC-L15b1E

BHCKG427

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0308

HC-L15b2A

BHCKG428

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0310

HC-L15b2C

BHCKG430

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0311

HC-L15b2D

BHCKG431

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0312

HC-L15b2E

BHCKG432

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0313

HC-L15b3A

BHCKG433

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0315

HC-L15b3C

BHCKG435

September 2018

Edit Test

Alg Edit Test

If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b1D should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg426 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b1E should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg427ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b2A should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg428 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b2C should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg430 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b2D should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg431 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b2E should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg432 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b3A should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg433 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b3C should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg435 ne
null

FR Y-9C: EDIT-47 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180930
99991231

TargetItem

Intraseries

Edit
Number
0316

HC-L15b3D

MDRM
Number
BHCKG436

Revised

HC-L

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0317

HC-L15b3E

BHCKG437

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0318

HC-L15b4A

BHCKG438

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0320

HC-L15b4C

BHCKG440

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0321

HC-L15b4D

BHCKG441

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0322

HC-L15b4E

BHCKG442

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0323

HC-L15b5A

BHCKG443

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0325

HC-L15b5C

BHCKG445

September 2018

Edit Test

Alg Edit Test

If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b3D should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg436 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b3E should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg437 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b4A should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg438 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b4C should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg440 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b4D should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg441 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b4E should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg442 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b5A should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg443 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b5C should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg445 ne
null

FR Y-9C: EDIT-48 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180930
99991231

TargetItem

Intraseries

Edit
Number
0326

HC-L15b5D

MDRM
Number
BHCKG446

Revised

HC-L

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0327

HC-L15b5E

BHCKG447

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0328

HC-L15b6A

BHCKG448

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0330

HC-L15b6C

BHCKG450

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0331

HC-L15b6D

BHCKG451

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0332

HC-L15b6E

BHCKG452

FRY9C

20150331

99991231

No Change

HC-L

Intraseries

0333

HC-L15b7A

BHCKG453

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0335

HC-L15b7C

BHCKG455

September 2018

Edit Test

Alg Edit Test

If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b5D should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg446 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b5E should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg447 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b6A should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg448 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b6C should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg450 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b6D should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg451 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b6E should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg452 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b7A should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg453 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b7C should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg455 ne
null

FR Y-9C: EDIT-49 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180930
99991231

TargetItem

Intraseries

Edit
Number
0336

HC-L15b7D

MDRM
Number
BHCKG456

Revised

HC-L

FRY9C

20180930

99991231

Revised

HC-L

Intraseries

0337

HC-L15b7E

BHCKG457

FRY9C

20150331

99991231

No Change

HC-M

Quality

6455

HC-M1

BHCK3459

FRY9C

20150331

99991231

No Change

HC-M

Quality

6465

HC-M1

BHCK3459

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M1

BHCK3459

FRY9C

20160930

99991231

No Change

HC-M

Quality

9480

HC-M2

BHCK6555

FRY9C

20160930

99991231

No Change

HC-M

Quality

9480

HC-M3

BHCK6556

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M4

BHCK6557

FRY9C

20150331

99991231

No Change

HC-M

Quality

6480

HC-M5

BHCKA288

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M5

BHCKA288

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1a1

BHDMK169

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1a2

BHDMK170

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1b

BHDMK171

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1c1

BHDMK172

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1c2a

BHDMK173

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1c2b

BHDMK174

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1d

BHDMK175

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1e1

BHDMK176

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a1e2

BHDMK177

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6a5

BHCKK183

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6b1

BHDMK187

September 2018

Edit Test

Alg Edit Test

If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b7D should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg456 ne
null
If HC-12 (previous June) is greater than or equal if ((mm-q1 eq 03 and bhck2170-q4 ge
to $10 billion, then HC-L15b7E should not be
10000000) or (mm-q1 eq 06 and bhck2170-q5
null.
ge 10000000) or (mm-q1 eq 09 and bhck2170q6 ge 10000000) or (mm-q1 eq 12 and
bhck2170-q7 ge 10000000)) then bhckg457 ne
null
(HC-24 multiplied by 1000) divided by HC-M1 if bhck3459 ne 0 then (bhck3230 * 1000) /
should be less than or equal to 100.
bhck3459 le 100
If HC-24 does not equal zero or null, then HC- if (bhck3230 ne 0 and bhck3230 ne null) then
M1 should be greater than zero.
bhck3459 gt 0
HC-M1 should not be null and should not be
bhck3459 ne null and bhck3459 ge 0
negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-M2 should not be null and should
SLHCs, bhck6555 ne null and bhck6555 ge 0
not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-M3 should not be null and should
SLHCs, bhck6556 ne null and bhck6556 ge 0
not be negative.
HC-M4 should not be null and should not be
bhck6557 ne null and bhck6557 ge 0
negative.
If HC-M5 is greater than zero, then HC-M5
if bhcka288 gt 0 then ((bhcka288 ne bhckb989)
should not equal HC-3b or HC-14b.
and (bhcka288 ne bhckb995))
HC-M5 should not be null and should not be
bhcka288 ne null and bhcka288 ge 0
negative.
HC-M6a1a1 should not be null and should not bhdmk169 ne null and bhdmk169 ge 0
be negative.
HC-M6a1a2 should not be null and should not bhdmk170 ne null and bhdmk170 ge 0
be negative.
HC-M6a1b should not be null and should not be bhdmk171 ne null and bhdmk171 ge 0
negative.
HC-M6a1c1 should not be null and should not bhdmk172 ne null and bhdmk172 ge 0
be negative.
HC-M6a1c2a should not be null and should not bhdmk173 ne null and bhdmk173 ge 0
be negative.
HC-M6a1c2b should not be null and should not bhdmk174 ne null and bhdmk174 ge 0
be negative.
HC-M6a1d should not be null and should not be bhdmk175 ne null and bhdmk175 ge 0
negative.
HC-M6a1e1 should not be null and should not bhdmk176 ne null and bhdmk176 ge 0
be negative.
HC-M6a1e2 should not be null and should not bhdmk177 ne null and bhdmk177 ge 0
be negative.
HC-M6a5 should not be null and should not be bhckk183 ne null and bhckk183 ge 0
negative.
HC-M6b1 should not be null and should not be bhdmk187 ne null and bhdmk187 ge 0
negative.

FR Y-9C: EDIT-50 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9480

HC-M6b2

MDRM
Number
BHDMK188

No Change

HC-M

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6b3

BHDMK189

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6b4

BHDMK190

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6b5

BHDMK191

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6b6

BHFNK260

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6b7

BHCKK192

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6c

BHCKJ461

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M6d

BHCKJ462

FRY9C

20180930

99991231

Revised

HC-M

Quality

9480

HC-M7a

BHCKK193

FRY9C

20180930

99991231

Revised

HC-M

Quality

9480

HC-M7b

BHCKK194

FRY9C

20150331

99991231

No Change

HC-M

Intraseries

6501

HC-M8

BHCKC251

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M8

BHCKC251

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M9

BHCK6689

FRY9C

20150331

99991231

No Change

HC-M

Quality

6520

HC-M12a

BHCK3164

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M12a

BHCK3164

FRY9C

20150331

99991231

No Change

HC-M

Quality

6530

HC-M12a1

BHCK6438

FRY9C

20150331

99991231

No Change

HC-M

Quality

6533

HC-M12a1

BHCK6438

FRY9C

20150331

99991231

No Change

HC-M

Quality

9480

HC-M12a1

BHCK6438

FRY9C
FRY9C

20180930
20180630

99991231
99991231

Revised
No Change

HC-M
HC-M

Quality
Quality

9490
9500

HC-M12c
HC-M12d

BHCKJF76
BHCT2143

FRY9C

20150331

99991231

No Change

HC-M

Quality

9500

HC-M14a

BHCK2309

FRY9C

20150331

99991231

No Change

HC-M

Quality

9500

HC-M14b

BHCK2332

FRY9C

20150331

99991231

No Change

HC-M

Intraseries

6540

HC-M14c

BHCK2333

FRY9C

20150331

99991231

No Change

HC-M

Quality

9500

HC-M14c

BHCK2333

FRY9C

20150331

99991231

No Change

HC-M

Quality

9500

HC-M14d

BHCT3190

September 2018

Edit Test

Alg Edit Test

HC-M6b2 should not be null and should not be
negative.
HC-M6b3 should not be null and should not be
negative.
HC-M6b4 should not be null and should not be
negative.
HC-M6b5 should not be null and should not be
negative.
HC-M6b6 should not be null and should not be
negative.
HC-M6b7 should not be null and should not be
negative.
HC-M6c should not be null and should not be
negative.
HC-M6d should not be null and should not be
negative.
For December, HC-M7a should not be null and
should not be negative.
For December, HC-M7b should not be null and
should not be negative.
For June, September, and December, if HC-M8
(previous) is equal to 1 (yes), then HC-M8
(current) should equal 1 (yes) and HC-M8
should not equal null.
HC-M8 should not be null and should not be
negative.
HC-M9 should not be null and should not be
negative.
HC-M12a should be less than or equal to HCM12a1. (+25K)
HC-M12a should not be null and should not be
negative.
If HC-M12a is greater than zero, then HCM12a1 should be greater than zero.
If HC-M12a1 is greater than zero, then HCM12a should be greater than zero.
HC-M12a1 should not be null and should not be
negative.
HC-M12c should not be null.
HC-M12d should not be null and should not be
negative.
HC-M14a should not be null and should not be
negative.
HC-M14b should not be null and should not be
negative.
If HC-M14c (previous) is greater than zero then
HC-16 (current) should be greater than zero.

bhdmk188 ne null and bhdmk188 ge 0
bhdmk189 ne null and bhdmk189 ge 0
bhdmk190 ne null and bhdmk190 ge 0
bhdmk191 ne null and bhdmk191 ge 0
bhfnk260 ne null and bhfnk260 ge 0
bhckk192 ne null and bhckk192 ge 0
bhckj461 ne null and bhckj461 ge 0
bhckj462 ne null and bhckj462 ge 0
if (mm-q1 eq 12) then bhckk193 ne null and
bhckk193 ge 0
if (mm-q1 eq 12) then bhckk194 ne null and
bhckk194 ge 0
if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckc251-q2 eq 1)) then bhckc251-q1
eq 1 and bhckc251 ne null
bhckc251 ne null and bhckc251 ge 0
bhck6689 ne null and bhck6689 ge 0
bhck3164 le (bhck6438 + 25)
bhck3164 ne null and bhck3164 ge 0
if bhck3164 gt 0 then bhck6438 gt 0
if bhck6438 gt 0 then bhck3164 gt 0
bhck6438 ne null and bhck6438 ge 0
bhckjf76 ne null
bhct2143 ne null and bhct2143 ge 0
bhck2309 ne null and bhck2309 ge 0
bhck2332 ne null and bhck2332 ge 0
if bhck2333-q2 gt 0 then bhck3190-q1 gt 0

HC-M14c should not be null and should not be bhck2333 ne null and bhck2333 ge 0
negative.
HC-M14d should not be null and should not be bhct3190 ne null and bhct3190 ge 0
negative.

FR Y-9C: EDIT-51 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
6545

Edit Test

Alg Edit Test

HC-M15

MDRM
Number
BHCKB569

No Change

HC-M

If previous year June HC-12 is greater than or
equal to $1 billion and HC-M15 equals 1 (yes)
and the sum of HI-5d1 through HI-5d3 is
greater than $100 thousand, then HI-Mem12a
should be greater than zero.

if ((mm-q1 eq 03 and bhck2170-q4 ge 1000000)
or (mm-q1 eq 06 and bhck2170-q5 ge 1000000)
or (mm-q1 eq 09 and bhck2170-q6 ge 1000000)
or (mm-q1 eq 12 and bhck2170-q7 ge 1000000)
) and (bhckb569 eq 1) and (bhckc886 +
bhckc888 + bhckc887) gt 100 then bhck8431 gt
0

FRY9C

20150331

99991231

No Change

HC-M

Quality

6547

HC-M15

BHCKB569

if (mm-q1 eq 03 and bhck8431 gt 10) then
bhckb569 eq 1 and bhckb569 ne null

Intraseries

6549

HC-M15

BHCKB569

For March, if HI-Mem12a is greater than $10
thousand, then HC-M15 should equal 1 (yes)
and HC-M15 should not equal null.
For June, September and December, if HIMem12a (current - previous) is greater than
$10 thousand, then HC-M15 should equal 1
(yes) and HC-M15 should not equal null.

FRY9C

20150331

99991231

No Change

HC-M

FRY9C

20150331

99991231

No Change

HC-M

Intraseries

6550

HC-M15

BHCKB569

if (bhckb569-q2 eq 1) then( bhckb569-q1 eq 1)
and bhckb569 ne null

No Change

HC-M

Quality

9500

HC-M15

BHCKB569

99991231

No Change

HC-M

Intraseries

6555

HC-M16

BHCKB570

If HC-M15 (previous) equals 1 (yes) then HCM15 (current) should equal 1 (yes) and HC-M15
should not be null.
HC-M15 should not be null and should not be
negative.
If HC-M16 (previous) is greater than zero, then
HC-M16 (current) should be greater than zero.

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

20150331

99991231

No Change

HC-M

Quality

9500

HC-M16

BHCKB570

bhckb570 ne null and bhckb570 ge 0

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331
20150331
20150331
20160930

99991231
99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change
No Change

HC-M
HC-M
HC-M
HC-M
HC-M
HC-M
HC-M

Quality
Quality
Quality
Quality
Quality
Quality
Quality

9510
9510
9510
9510
9510
9510
9510

HC-M17
HC-M18
HC-M19a
HC-M19b
HC-M20a
HC-M20b1
HC-M20b2

BHCKC161
BHCKC159
BHCKC700
BHCKC701
BHCKC252
BHCK4832
BHCK4833

HC-M16 should not be null and should not be
negative.
HC-M17 should not be negative.
HC-M18 should not be negative.
HC-M19a should not be negative.
HC-M19b should not be negative.
HC-M20a should not be negative.
HC-M20b1 should not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-M20b2 should not be negative.

FRY9C
FRY9C
FRY9C

20150331
20150331
20160930

99991231
99991231
99991231

No Change
No Change
No Change

HC-M
HC-M
HC-M

Quality
Quality
Quality

9510
9510
9510

HC-M20b3
HC-M20c1
HC-M20c2

BHCK4834
BHCK5041
BHCK5043

HC-M20b3 should not be negative.
HC-M20c1 should not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-M20c2 should not be negative.

bhck4834 ge 0 or bhck4834 eq null
bhck5041 ge 0 or bhck5041 eq null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck5043 ge 0 or bhck5043 eq null

FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20160930

99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change

HC-M
HC-M
HC-M
HC-M

Quality
Quality
Quality
Quality

9510
9510
9510
6562

HC-M20c3
HC-M20d
HC-M21
HC-M23a

BHCK5045
BHCK5047
BHCKC253
BHCKF064

bhck5045 ge 0 or bhck5045 eq null
bhck5047 ge 0 or bhck5047 eq null
bhckc253 ge 0 or bhckc253 eq null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhckf064 le bhdmb993

FRY9C

20160930

99991231

No Change

HC-M

Quality

9520

HC-M23a

BHCKF064

HC-M20c3 should not be negative.
HC-M20d should not be negative.
HC-M21 should not be negative.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-M23a should be less than or equal to
HC-14a.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, HC-M23a should not be null and should
not be negative.

September 2018

if ((mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhck8431-q1 - bhck8431-q2) gt 10)
then bhckb569 eq 1 and bhckb569 ne null

bhckb569 ne null and bhckb569 ge 0
if (bhckb570-q2 gt 0) then (bhckb570-q1 gt 0)

bhckc161 ge 0 or bhckc161 eq null
bhckc159 ge 0 or bhckc159 eq null
bhckc700 ge 0 or bhckc700 eq null
bhckc701 ge 0 or bhckc701 eq null
bhckc252 ge 0 or bhckc252 eq null
bhck4832 ge 0 or bhck4832 eq null
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhck4833 ge 0 or bhck4833 eq null

For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, bhckf064 ne null and bhckf064 ge 0

FR Y-9C: EDIT-52 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
6564

HC-M23b

MDRM
Number
BHCKF065

No Change

HC-M

FRY9C

20150331

99991231

No Change

HC-M

Quality

9520

HC-M23b

BHCKF065

FRY9C

20150331

99991231

No Change

HC-M

Quality

9520

HC-M24a

BHCKG234

FRY9C

20150331

99991231

No Change

HC-M

Quality

9520

HC-M24b

BHCKG235

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1a1A

BHCKF172

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6570

HC-N1a1B

BHCKF174

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1a1B

BHCKF174

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6736

HC-N1a1C

BHCKF176

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1a1C

BHCKF176

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1a2A

BHCKF173

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0138

HC-N1a2B

BHCKF175

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1a2B

BHCKF175

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0139

HC-N1a2C

BHCKF177

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1a2C

BHCKF177

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1bA

BHCK3493

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6575

HC-N1bB

BHCK3494

September 2018

Edit Test

Alg Edit Test

HC-M23b should be less than or equal to HCM14d.
HC-M23b should not be null and should not be
negative.
HC-M24a should not be null and should not be
negative.
HC-M24b should not be null and should not be
negative.
HC-N1a1A should not be null and should not be
negative.
If HC-N1a1A (previous) is greater than zero and
HC-N1a1B (previous) is greater than zero and
the sum of HC-N1a1A (previous) and HC-N1a1B
(previous) is greater than $1 million and HCC1a1B (current) is greater than zero, then the
sum of HC-N1a1A (current) and HC-N1a1B
(current) should be greater than zero.

bhckf065 le bhct3190

HC-N1a1B should not be null and should not be
negative.
If HC-N1a1C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N1a1C should not be null and should not be
negative.
HC-N1a2A should not be null and should not be
negative.
If HC-N1a2A (previous) is greater than zero and
HC-N1a2B (previous) is greater than zero and
the sum of HC-N1a2A (previous) and HC-N1a2B
(previous) is greater than $1 million and HCC1a2B (current) is greater than zero, then the
sum of HC-N1a2A (current) and HC-N1a2B
(current) should be greater than zero.

bhckf174 ne null and bhckf174 ge 0

HC-N1a2B should not be null and should not be
negative.
If HC-N1a2C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N1a2C should not be null and should not be
negative.
HC-N1bA should not be null and should not be
negative.
If HC-N1bA (previous) is greater than zero and
HC-N1bB (previous) is greater than zero and the
sum of HC-N1bA (previous) and HC-N1bB
(previous) is greater than $1 million and HCC1bB (current) is greater than zero, then the
sum of HC-N1bA (current) and HC-N1bB
(current) should be greater than zero.

bhckf175 ne null and bhckf175 ge 0

bhckf065 ne null and bhckf065 ge 0
bhckg234 ne null and bhckg234 ge 0
bhckg235 ne null and bhckg235 ge 0
bhckf172 ne null and bhckf172 ge 0
if (bhckf172-q2 gt 0) and (bhckf174-q2 gt 0) and
((bhckf172-q2 + bhckf174-q2) gt 1000) and
(bhckf158-q1 gt 0) then ((bhckf172-q1 +
bhckf174-q1) gt 0)

if (bhckf176-q1 - bhckf176-q2) gt 0 then
bhckc410-q1 gt 0
bhckf176 ne null and bhckf176 ge 0
bhckf173 ne null and bhckf173 ge 0
if (bhckf173-q2 gt 0) and (bhckf175-q2 gt 0) and
((bhckf173-q2 + bhckf175-q2) gt 1000) and
(bhckf159-q1 gt 0) then ((bhckf173-q1 +
bhckf175-q1) gt 0)

if (bhckf177-q1 - bhckf177-q2) gt 0 then
bhckc410-q1 gt 0
bhckf177 ne null and bhckf177 ge 0
bhck3493 ne null and bhck3493 ge 0
if (bhck3493-q2 gt 0) and (bhck3494-q2 gt 0)
and ((bhck3493-q2 + bhck3494-q2) gt 1000)
and (bhdm1420-q1 gt 0) then ((bhck3493-q1 +
bhck3494-q1) gt 0)

FR Y-9C: EDIT-53 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9520

HC-N1bB

MDRM
Number
BHCK3494

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6737

HC-N1bC

BHCK3495

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1bC

BHCK3495

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c1A

BHCK5398

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6580

HC-N1c1B

BHCK5399

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c1B

BHCK5399

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6738

HC-N1c1C

BHCK5400

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c1C

BHCK5400

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c2aA

BHCKC236

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6585

HC-N1c2aB

BHCKC237

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c2aB

BHCKC237

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6739

HC-N1c2aC

BHCKC229

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c2aC

BHCKC229

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c2bA

BHCKC238

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6590

HC-N1c2bB

BHCKC239

September 2018

Edit Test

Alg Edit Test

HC-N1bB should not be null and should not be
negative.
If HC-N1bC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N1bC should not be null and should not be
negative.
HC-N1c1A should not be null and should not be
negative.
If HC-N1c1A (previous) is greater than zero and
HC-N1c1B (previous) is greater than zero and
the sum of HC-N1c1A (previous) and HC-N1c1B
(previous) is greater than $1 million and HCC1c1B (current) is greater than zero, then the
sum of HC-N1c1A (current) and HC-N1c1B
(current) should be greater than zero.

bhck3494 ne null and bhck3494 ge 0

HC-N1c1B should not be null and should not be
negative.
If HC-N1c1C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N1c1C should not be null and should not be
negative.
HC-N1c2aA should not be null and should not
be negative.
If HC-N1c2aA (previous) is greater than zero
and HC-N1c2aB (previous) is greater than zero
and the sum of HC-N1c2aA (previous) and HCN1c2aB (previous) is greater than $1 million
and HC-C1c2aB (current) is greater than zero,
then the sum of HC-N1c2aA (current) and HCN1c2aB (current) should be greater than zero.

bhck5399 ne null and bhck5399 ge 0

HC-N1c2aB should not be null and should not
be negative.
If HC-N1c2aC (current minus previous) is
greater than zero, then HC-NM7 (current)
should be greater than zero.
HC-N1c2aC should not be null and should not
be negative.
HC-N1c2bA should not be null and should not
be negative.
If HC-N1c2bA (previous) is greater than zero
and HC-N1c2bB (previous) is greater than zero
and the sum of HC-N1c2bA (previous) and HCN1c2bB (previous) is greater than $1 million
and HC-C1c2bB (current) is greater than zero,
then the sum of HC-N1c2bA (current) and HCN1c2bB (current) should be greater than zero.

bhckc237 ne null and bhckc237 ge 0

if (bhck3495-q1 - bhck3495-q2) gt 0 then
bhckc410-q1 gt 0
bhck3495 ne null and bhck3495 ge 0
bhck5398 ne null and bhck5398 ge 0
if (bhck5398-q2 gt 0) and (bhck5399-q2 gt 0)
and ((bhck5398-q2 + bhck5399-q2) gt 1000)
and (bhdm1797-q1 gt 0) then ((bhck5398-q1 +
bhck5399-q1) gt 0)

if (bhck5400-q1 - bhck5400-q2) gt 0 then
bhckc410-q1 gt 0
bhck5400 ne null and bhck5400 ge 0
bhckc236 ne null and bhckc236 ge 0
if (bhckc236-q2 gt 0) and (bhckc237-q2 gt 0)
and ((bhckc236-q2 + bhckc237-q2) gt 1000) and
(bhdm5367-q1 gt 0) then ((bhckc236-q1 +
bhckc237-q1) gt 0)

if (bhckc229-q1 - bhckc229-q2) gt 0 then
bhckc410-q1 gt 0
bhckc229 ne null and bhckc229 ge 0
bhckc238 ne null and bhckc238 ge 0
if (bhckc238-q2 gt 0) and (bhckc239-q2 gt 0)
and ((bhckc238-q2 + bhckc239-q2) gt 1000) and
(bhdm5368-q1 gt 0) then ((bhckc238-q1 +
bhckc239-q1) gt 0)

FR Y-9C: EDIT-54 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9520

HC-N1c2bB

MDRM
Number
BHCKC239

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6741

HC-N1c2bC

BHCKC230

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1c2bC

BHCKC230

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1dA

BHCK3499

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6595

HC-N1dB

BHCK3500

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1dB

BHCK3500

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6742

HC-N1dC

BHCK3501

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1dC

BHCK3501

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1e1A

BHCKF178

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6600

HC-N1e1B

BHCKF180

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1e1B

BHCKF180

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6743

HC-N1e1C

BHCKF182

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1e1C

BHCKF182

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1e2A

BHCKF179

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0141

HC-N1e2B

BHCKF181

September 2018

Edit Test

Alg Edit Test

HC-N1c2bB should not be null and should not
be negative.
If HC-N1c2bC (current minus previous) is
greater than zero, then HC-NM7 (current)
should be greater than zero.
HC-N1c2bC should not be null and should not
be negative.
HC-N1dA should not be null and should not be
negative.
If HC-N1dA (previous) is greater than zero and
HC-N1dB (previous) is greater than zero and the
sum of HC-N1dA (previous) and HC-N1dB
(previous) is greater than $1 million and HCC1dB (current) is greater than zero, then the
sum of HC-N1dA (current) and HC-N1dB
(current) should be greater than zero.

bhckc239 ne null and bhckc239 ge 0

HC-N1dB should not be null and should not be
negative.
If HC-N1dC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N1dC should not be null and should not be
negative.
HC-N1e1A should not be null and should not be
negative.
If HC-N1e1A (previous) is greater than zero and
HC-N1e1B (previous) is greater than zero and
the sum of HC-N1e1A (previous) and HC-N1e1B
(previous) is greater than $1 million and HCC1e1B (current) is greater than zero, then the
sum of HC-N1e1A (current) and HC-N1e1B
(current) should be greater than zero.

bhck3500 ne null and bhck3500 ge 0

HC-N1e1B should not be null and should not be
negative.
If HC-N1e1C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N1e1C should not be null and should not be
negative.
HC-N1e2A should not be null and should not be
negative.
If HC-N1e2A (previous) is greater than zero and
HC-N1e2B (previous) is greater than zero and
the sum of HC-N1e2A (previous) and HC-N1e2B
(previous) is greater than $1 million and HCC1e2B (current) is greater than zero, then the
sum of HC-N1e2A (current) and HC-N1e2B
(current) should be greater than zero.

bhckf180 ne null and bhckf180 ge 0

if (bhckc230-q1 - bhckc230-q2) gt 0 then
bhckc410-q1 gt 0
bhckc230 ne null and bhckc230 ge 0
bhck3499 ne null and bhck3499 ge 0
if (bhck3499-q2 gt 0) and (bhck3500-q2 gt 0)
and ((bhck3499-q2 + bhck3500-q2) gt 1000)
and (bhdm1460-q1 gt 0) then ((bhck3499-q1 +
bhck3500-q1) gt 0)

if (bhck3501-q1 - bhck3501-q2) gt 0 then
bhckc410-q1 gt 0
bhck3501 ne null and bhck3501 ge 0
bhckf178 ne null and bhckf178 ge 0
if (bhckf178-q2 gt 0) and (bhckf180-q2 gt 0) and
((bhckf178-q2 + bhckf180-q2) gt 1000) and
(bhckf160-q1 gt 0) then ((bhckf178-q1 +
bhckf180-q1) gt 0)

if (bhckf182-q1 - bhckf182-q2) gt 0 then
bhckc410-q1 gt 0
bhckf182 ne null and bhckf182 ge 0
bhckf179 ne null and bhckf179 ge 0
if (bhckf179-q2 gt 0) and (bhckf181-q2 gt 0) and
((bhckf179-q2 + bhckf181-q2) gt 1000) and
(bhckf161-q1 gt 0) then ((bhckf179-q1 +
bhckf181-q1) gt 0)

FR Y-9C: EDIT-55 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9520

HC-N1e2B

MDRM
Number
BHCKF181

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0140

HC-N1e2C

BHCKF183

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1e2C

BHCKF183

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1fA

BHCKB572

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6605

HC-N1fB

BHCKB573

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1fB

BHCKB573

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N1fC

BHCKB574

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N2aA

BHCK5377

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6610

HC-N2aB

BHCK5378

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N2aB

BHCK5378

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6745

HC-N2aC

BHCK5379

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N2aC

BHCK5379

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N2bA

BHCK5380

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6615

HC-N2bB

BHCK5381

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N2bB

BHCK5381

September 2018

Edit Test

Alg Edit Test

HC-N1e2B should not be null and should not be
negative.
If HC-N1e2C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N1e2C should not be null and should not be
negative.
HC-N1fA should not be null and should not be
negative.
If HC-N1fA (previous) is greater than zero and
HC-N1fB (previous) is greater than zero and the
sum of HC-N1fA (previous) and HC-N1fB
(previous) is greater than $1 million and (HCC1A minus the sum of HC-C1a1B through HCC1e2B) (current) is greater than zero, then the
sum of HC-N1fA (current) and HC-N1fB
(current) should be greater than zero.

bhckf181 ne null and bhckf181 ge 0

HC-N1fB should not be null and should not be
negative.
HC-N1fC should not be null and should not be
negative.
HC-N2aA should not be null and should not be
negative.
If HC-N2aA (previous) is greater than zero and
HC-N2aB (previous) is greater than zero and the
sum of HC-N2aA (previous) and HC-N2aB
(previous) is greater than $1 million and the
sum of (HC-C2aA and HC-C2bA) (current) is
greater than zero, then the sum of HC-N2aA
(current) and HC-N2aB (current) should be
greater than zero.
HC-N2aB should not be null and should not be
negative.
If HC-N2aC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N2aC should not be null and should not be
negative.
HC-N2bA should not be null and should not be
negative.
If HC-N2bA (previous) is greater than zero and
HC-N2bB (previous) is greater than zero and the
sum of HC-N2bA (previous) and HC-N2bB
(previous) is greater than $1 million and the
sum of (HC-C2aA and HC-C2bA) (current) is
greater than zero, then the sum of HC-N2bA
(current) and HC-N2bB (current) should be
greater than zero.
HC-N2bB should not be null and should not be
negative.

bhckb573 ne null and bhckb573 ge 0

if (bhckf183-q1 - bhckf183-q2) gt 0 then
bhckc410-q1 gt 0
bhckf183 ne null and bhckf183 ge 0
bhckb572 ne null and bhckb572 ge 0
if (bhckb572-q2 gt 0) and (bhckb573-q2 gt 0)
and ((bhckb572-q2 + bhckb573-q2) gt 1000)
and ((bhck1410-q1 - (bhckf158-q1 + bhckf159q1 + bhdm1420-q1 + bhdm1797-q1 +
bhdm5367-q1 + bhdm5368-q1 + bhdm1460-q1
+ bhckf160-q1 + bhckf161-q1)) gt 0) then
((bhckb572-q1 + bhckb573-q1) gt 0)

bhckb574 ne null and bhckb574 ge 0
bhck5377 ne null and bhck5377 ge 0
if (bhck5377-q2 gt 0) and (bhck5378-q2 gt 0)
and ((bhck5377-q2 + bhck5378-q2) gt 1000)
and ((bhck1292-q1 + bhck1296-q1) gt 0) then
((bhck5377-q1 + bhck5378-q1) gt 0)

bhck5378 ne null and bhck5378 ge 0
if (bhck5379-q1 - bhck5379-q2) gt 0 then
bhckc410-q1 gt 0
bhck5379 ne null and bhck5379 ge 0
bhck5380 ne null and bhck5380 ge 0
if (bhck5380-q2 gt 0) and (bhck5381-q2 gt 0)
and ((bhck5380-q2 + bhck5381-q2) gt 1000)
and (bhck1292-q1 + bhck1296-q1 gt 0) then
((bhck5380-q1 + bhck5381-q1) gt 0)

bhck5381 ne null and bhck5381 ge 0

FR Y-9C: EDIT-56 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
6746

HC-N2bC

MDRM
Number
BHCK5382

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N2bC

BHCK5382

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N3A

BHCK1594

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6620

HC-N3B

BHCK1597

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N3B

BHCK1597

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6747

HC-N3C

BHCK1583

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N3C

BHCK1583

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N4A

BHCK1606

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6625

HC-N4B

BHCK1607

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N4B

BHCK1607

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6748

HC-N4C

BHCK1608

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N4C

BHCK1608

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5aA

BHCKB575

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6635

HC-N5aB

BHCKB576

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5aB

BHCKB576

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6749

HC-N5aC

BHCKB577

September 2018

Edit Test

Alg Edit Test

If HC-N2bC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N2bC should not be null and should not be
negative.
HC-N3A should not be null and should not be
negative.
If HC-N3A (previous) is greater than zero and
HC-N3B (previous) is greater than zero and the
sum of HC-N3A (previous) and HC-N3B
(previous) is greater than $1 million and HCC3A (current) is greater than zero, then the sum
of HC-N3A (current) and HC-N3B (current)
should be greater than zero.
HC-N3B should not be null and should not be
negative.
If HC-N3C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N3C should not be null and should not be
negative.
HC-N4A should not be null and should not be
negative.
If HC-N4A (previous) is greater than zero and
HC-N4B (previous) is greater than zero and the
sum of HC-N4A (previous) and HC-N4B
(previous) is greater than $1 million and HC-C4B
(current) is greater than zero, then the sum of
HC-N4A (current) and HC-N4B (current) should
be greater than zero.
HC-N4B should not be null and should not be
negative.
If HC-N4C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N4C should not be null and should not be
negative.
HC-N5aA should not be null and should not be
negative.
If HC-N5aA (previous) is greater than zero and
HC-N5aB (previous) is greater than zero and the
sum of HC-N5aA (previous) and HC-N5aB
(previous) is greater than $1 million and HCC6aA (current) is greater than zero, then the
sum of HC-N5aA (current) and HC-N5aB
(current) should be greater than zero.

if (bhck5382-q1 - bhck5382-q2) gt 0 then
bhckc410-q1 gt 0

HC-N5aB should not be null and should not be
negative.
If HC-N5aC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.

bhckb576 ne null and bhckb576 ge 0

bhck5382 ne null and bhck5382 ge 0
bhck1594 ne null and bhck1594 ge 0
if (bhck1594-q2 gt 0) and (bhck1597-q2 gt 0)
and ((bhck1594-q2 + bhck1597-q2) gt 1000)
and (bhck1590-q1 gt 0) then ((bhck1594-q1 +
bhck1597-q1) gt 0)

bhck1597 ne null and bhck1597 ge 0
if (bhck1583-q1 - bhck1583-q2) gt 0 then
bhckc410-q1 gt 0
bhck1583 ne null and bhck1583 ge 0
bhck1606 ne null and bhck1606 ge 0
if (bhck1606-q2 gt 0) and (bhck1607-q2 gt 0)
and ((bhck1606-q2 + bhck1607-q2) gt 1000)
and (bhdm1766-q1 gt 0) then ((bhck1606-q1 +
bhck1607-q1) gt 0)

bhck1607 ne null and bhck1607 ge 0
if (bhck1608-q1 - bhck1608-q2) gt 0 then
bhckc410-q1 gt 0
bhck1608 ne null and bhck1608 ge 0
bhckb575 ne null and bhckb575 ge 0
if (bhckb575-q2 gt 0) and (bhckb576-q2 gt 0)
and ((bhckb575-q2 + bhckb576-q2) gt 1000)
and (bhckb538-q1 gt 0) then ((bhckb575-q1 +
bhckb576-q1) gt 0)

if (bhckb577-q1 - bhckb577-q2) gt 0 then
bhckc410-q1 gt 0

FR Y-9C: EDIT-57 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9520

HC-N5aC

MDRM
Number
BHCKB577

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5bA

BHCKK213

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0400

HC-N5bB

BHCKK214

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5bB

BHCKK214

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6751

HC-N5bC

BHCKK215

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5bC

BHCKK215

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5cA

BHCKK216

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6640

HC-N5cB

BHCKK217

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5cB

BHCKK217

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0416

HC-N5cC

BHCKK218

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N5cC

BHCKK218

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N6A

BHCK5389

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6645

HC-N6B

BHCK5390

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N6B

BHCK5390

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6752

HC-N6C

BHCK5391

September 2018

Edit Test

Alg Edit Test

HC-N5aC should not be null and should not be
negative.
HC-N5bA should not be null and should not be
negative.
If HC-N5bA (previous) is greater than zero and
HC-N5bB (previous) is greater than zero and the
sum of HC-N5bA (previous) and HC-N5bB
(previous) is greater than $1 million and HCC6cA (current) is greater than zero, then the
sum of HC-N5bA (current) and HC-N5bB
(current) should be greater than zero.

bhckb577 ne null and bhckb577 ge 0

HC-N5bB should not be null and should not be
negative.
If HC-N5bC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N5bC should not be null and should not be
negative.
HC-N5cA should not be null and should not be
negative.
If HC-N5cA (previous) is greater than zero and
HC-N5cB (previous) is greater than zero and the
sum of HC-N5cA (previous) and HC-N5cB
(previous) is greater than $1 million and the
sum of HC-C6bA (current) and HC-C6dA
(current) is greater than zero, then the sum of
HC-N5cA (current) and HC-N5cB (current)
should be greater than zero.

bhckk214 ne null and bhckk214 ge 0

HC-N5cB should not be null and should not be
negative.
If HC-N5cC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N5cC should not be null and should not be
negative.
HC-N6A should not be null and should not be
negative.
If HC-N6A (previous) is greater than zero and
HC-N6B (previous) is greater than zero and the
sum of HC-N6A (previous) and HC-N6B
(previous) is greater than $1 million and HCC7A (current) is greater than zero, then the sum
of HC-N6A (current) and HC-N6B (current)
should be greater than zero.
HC-N6B should not be null and should not be
negative.
If HC-N6C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.

bhckk217 ne null and bhckk217 ge 0

bhckk213 ne null and bhckk213 ge 0
if (bhckk213-q2 gt 0) and (bhckk214-q2 gt 0)
and ((bhckk213-q2 + bhckk214-q2) gt 1000)
and (bhckk137-q1 gt 0) then ((bhckk213-q1 +
bhckk214-q1) gt 0)

if (bhckk215-q1 - bhckk215-q2) gt 0 then
bhckc410-q1 gt 0
bhckk215 ne null and bhckk215 ge 0
bhckk216 ne null and bhckk216 ge 0
if (bhckk216-q2 gt 0) and (bhckk217-q2 gt 0)
and ((bhckk216-q2 + bhckk217-q2) gt 1000)
and ((bhckb539-q1 + bhckk207-q1) gt 0) then
((bhckk216-q1 + bhckk217-q1) gt 0)

if (bhckk218-q1 - bhckk218-q2) gt 0 then
bhckc410-q1 gt 0
bhckk218 ne null and bhckk218 ge 0
bhck5389 ne null and bhck5389 ge 0
if ((bhck5389-q2 gt 0) and (bhck5390-q2 gt 0)
and ((bhck5389-q2 + bhck5390-q2) gt 1000)
and (bhck2081-q1 gt 0)) then ((bhck5389-q1 +
bhck5390-q1) gt 0)

bhck5390 ne null and bhck5390 ge 0
if (bhck5391-q1 - bhck5391-q2) gt 0 then
bhckc410-q1 gt 0

FR Y-9C: EDIT-58 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9520

HC-N6C

MDRM
Number
BHCK5391

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N7A

BHCK5459

FRY9C

20150331

99991231

No Change

HC-N

Quality

1003

HC-N7A

BHCK5459

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6650

HC-N7B

BHCK5460

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N7B

BHCK5460

FRY9C

20150331

99991231

No Change

HC-N

Quality

1004

HC-N7B

BHCK5460

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6753

HC-N7C

BHCK5461

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N7C

BHCK5461

FRY9C

20150331

99991231

No Change

HC-N

Quality

1005

HC-N7C

BHCK5461

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N8aA

BHCKF166

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6652

HC-N8aB

BHCKF167

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N8aB

BHCKF167

September 2018

Edit Test

Alg Edit Test

HC-N6C should not be null and should not be
negative.
HC-N7A should not be null and should not be
negative.
HC-NM9bA should be less than or equal to the
sum of HC-N1a1A through HC-N7A.

bhck5391 ne null and bhck5391 ge 0

If HC-N7A (previous) is greater than zero and
HC-N7B (previous) is greater than zero and the
sum of HC-N7A (previous) and HC-N7B
(previous) is greater than $1 million and the
sum of HC-C9aA (current) through HC-C9b2A
(current) is greater than zero, then the sum of
HC-N7A (current) and HC-N7B (current) should
be greater than zero.
HC-N7B should not be null and should not be
negative.
HC-NM9bB should be less than or equal to the
sum of HC-N1a1B through HC-N7B.

if (bhck5459-q2 gt 0) and (bhck5460-q2 gt 0)
and ((bhck5459-q2 + bhck5460-q2) gt 1000)
and ((bhckj454-q1 + bhck1545-q1 + bhckj451q1) gt 0) then ((bhck5459-q1 + bhck5460-q1) gt
0)

If HC-N7C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N7C should not be null and should not be
negative.
HC-NM9bC should be less than or equal to the
sum of HC-N1a1C through HC-N7C.

if (bhck5461-q1 - bhck5461-q2) gt 0 then
bhckc410-q1 gt 0

HC-N8aA should not be null and should not be
negative.
If HC-N8aA (previous) is greater than zero and
HC-N8aB (previous) is greater than zero and the
sum of HC-N8aA (previous) and HC-N8aB
(previous) is greater than $1 million and HCC10aA (current) is greater than zero, then the
sum of HC-N8aA (current) and HC-N8aB
(current) should be greater than zero.

bhckf166 ne null and bhckf166 ge 0

HC-N8aB should not be null and should not be
negative.

bhckf167 ne null and bhckf167 ge 0

bhck5459 ne null and bhck5459 ge 0
bhckl186 le (bhckf172 + bhckf173 + bhck3493 +
bhck5398 + bhckc236 + bhckc238 + bhck3499 +
bhckf178 + bhckf179 + bhckb572 + bhck5377 +
bhck5380 + bhck1594 + bhck1606 + bhckb575
+ bhckk213 + bhckk216 + bhck5389 +
bhck5459)

bhck5460 ne null and bhck5460 ge 0
bhckl187 le (bhckf174 + bhckf175 + bhck3494 +
bhck5399 + bhckc237 + bhckc239 + bhck3500 +
bhckf180 + bhckf181 + bhckb573 + bhck5378 +
bhck5381 + bhck1597 + bhck1607 + bhckb576
+ bhckk214 + bhckk217 + bhck5390 +
bhck5460)

bhck5461 ne null and bhck5461 ge 0
bhckl188 le (bhckf176 + bhckf177 + bhck3495 +
bhck5400 + bhckc229 + bhckc230 + bhck3501 +
bhckf182 + bhckf183 + bhckb574 + bhck5379 +
bhck5382 + bhck1583 + bhck1608 + bhckb577
+ bhckk215 + bhckk218 + bhck5391 +
bhck5461)

if (bhckf166-q2 gt 0) and (bhckf167-q2 gt 0) and
((bhckf166-q2 + bhckf167-q2) gt 1000) and
(bhckf162-q1 gt 0) then ((bhckf166-q1 +
bhckf167-q1) gt 0)

FR Y-9C: EDIT-59 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
6754

HC-N8aC

MDRM
Number
BHCKF168

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N8aC

BHCKF168

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N8bA

BHCKF169

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6655

HC-N8bB

BHCKF170

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N8bB

BHCKF170

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6755

HC-N8bC

BHCKF171

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N8bC

BHCKF171

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-N9A

BHCK1406

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-N9B

BHCK1407

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-N9C

BHCK1403

FRY9C

20180331

99991231

No Change

HC-N

Quality

6663

HC-N10A

BHCK3505

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-N10A

BHCK3505

FRY9C

20180331

99991231

No Change

HC-N

Quality

6664

HC-N10B

BHCK3506

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-N10B

BHCK3506

FRY9C

20180331

99991231

No Change

HC-N

Quality

6666

HC-N10C

BHCK3507

FRY9C

20180331

99991231

No Change

HC-N

Intraseries

6667

HC-N10C

BHCK3507

FRY9C

20180331

99991231

No Change

HC-N

Intraseries

6756

HC-N10C

BHCK3507

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-N10C

BHCK3507

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N11A

BHCKK036

September 2018

Edit Test

Alg Edit Test

If HC-N8aC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N8aC should not be null and should not be
negative.
HC-N8bA should not be null and should not be
negative.
If HC-N8bA (previous) is greater than zero and
HC-N8bB (previous) is greater than zero and the
sum of HC-N8bA (previous) and HC-N8bB
(previous) is greater than $1 million and HCC10bA (current) is greater than zero, then the
sum of HC-N8bA (current) and HC-N8bB
(current) should be greater than zero.

if (bhckf168-q1 - bhckf168-q2) gt 0 then
bhckc410-q1 gt 0

HC-N8bB should not be null and should not be
negative.
If HC-N8bC (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N8bC should not be null and should not be
negative.
HC-N9A should not be null and should not be
negative.
HC-N9B should not be null and should not be
negative.
HC-N9C should not be null and should not be
negative.
If HC-N10A is greater than zero, then HC-N9A
should not equal HC-N10A.
HC-N10A should not be null and should not be
negative.
If HC-N10B is greater than zero, then HC-N9B
should not equal HC-N10B.
HC-N10B should not be null and should not be
negative.
If HC-N10C is greater than zero, then HC-N9C
should not equal HC-N10C.
If HC-N10C (previous) is greater than or equal
to $500 thousand, then HC-N10C (current)
should be greater than 0.
If HC-N10C (current minus previous) is greater
than zero, then HC-NM7 (current) should be
greater than zero.
HC-N10C should not be null and should not be
negative.
HC-N11A should not be null and should not be
negative.

bhckf170 ne null and bhckf170 ge 0

bhckf168 ne null and bhckf168 ge 0
bhckf169 ne null and bhckf169 ge 0
if (bhckf169-q2 gt 0) and (bhckf170-q2 gt 0) and
((bhckf169-q2 + bhckf170-q2) gt 1000) and
(bhckf163-q1 gt 0) then ((bhckf169-q1 +
bhckf170-q1) gt 0)

if (bhckf171-q1 - bhckf171-q2) gt 0 then
bhckc410-q1 gt 0
bhckf171 ne null and bhckf171 ge 0
bhck1406 ne null and bhck1406 ge 0
bhck1407 ne null and bhck1407 ge 0
bhck1403 ne null and bhck1403 ge 0
if bhck3505 gt 0 then bhck1406 ne bhck3505
bhck3505 ne null and bhck3505 ge 0
if bhck3506 gt 0 then bhck1407 ne bhck3506
bhck3506 ne null and bhck3506 ge 0
if bhck3507 gt 0 then bhck1403 ne bhck3507)
if (bhck3507-q2 ge 500) then (bhck3507-q1 gt
0)
if (bhck3507-q1 - bhck3507-q2) gt 0 then
bhckc410-q1 gt 0
bhck3507 ne null and bhck3507 ge 0
bhckk036 ne null and bhckk036 ge 0

FR Y-9C: EDIT-60 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
0432

Edit Test

HC-N11B

MDRM
Number
BHCKK037

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

FRY9C

20150331

99991231

No Change

HC-N

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

9520

HC-N11B

BHCKK037

bhckk037 ne null and bhckk037 ge 0

Quality

9520

HC-N11C

BHCKK038

HC-N

Quality

6670

HC-N11aA

BHCKK039

No Change

HC-N

Quality

9520

HC-N11aA

BHCKK039

99991231

No Change

HC-N

Intraseries

0433

HC-N11aB

BHCKK040

HC-N11B should not be null and should not be
negative.
HC-N11C should not be null and should not be
negative.
If HC-N11A is greater than zero, then the sum
of HC-N11aA and HC-N11bA should be greater
than zero.
HC-N11aA should not be null and should not be
negative.
If HC-N11aA (previous) is greater than zero and
HC-N11aB (previous) is greater than zero and
the sum of HC-N11aA (previous) and HC-N11aB
(previous) is greater than $1 million, then the
sum of HC-N11aA (current) and HC-N11aB
(current) should be greater than zero.

20150331

99991231

No Change

HC-N

Quality

6675

HC-N11aB

BHCKK040

if bhckk037 gt 0 then (bhckk040 + bhckk043) gt
0

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N11aB

BHCKK040

FRY9C

20150331

99991231

No Change

HC-N

Quality

6680

HC-N11aC

BHCKK041

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N11aC

BHCKK041

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N11bA

BHCKK042

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0434

HC-N11bB

BHCKK043

If HC-N11B is greater than zero, then the sum
of HC-N11aB and HC-N11bB should be greater
than zero.
HC-N11aB should not be null and should not be
negative.
If HC-N11C is greater than zero, then the sum
of HC-N11aC and HC-N11bC should be greater
than zero.
HC-N11aC should not be null and should not be
negative.
HC-N11bA should not be null and should not be
negative.
If HC-N11bA (previous) is greater than zero and
HC-N11bB (previous) is greater than zero and
the sum of HC-N11bA (previous) and HC-N11bB
(previous) is greater than $1 million, then the
sum of HC-N11bA (current) and HC-N11bB
(current) should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N11bB

BHCKK043

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N11bC

BHCKK044

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a1aA

BHDMK045

September 2018

Alg Edit Test

If HC-N11A (previous) is greater than zero and if (bhckk036-q2 gt 0 and bhckk037-q2 gt 0) and
HC-N11B (previous) is greater than zero and the (bhckk036-q2 + bhckk037-q2) gt 1000 then
sum of HC-N11A (previous) and HC-N11B
(bhckk036-q1 + bhckk037-q1) gt 0
(previous) is greater than $1 million, then the
sum of HC-N11A (current) and HC-N11B
(current) should be greater than zero.

bhckk038 ne null and bhckk038 ge 0
if bhckk036 gt 0 then (bhckk039 + bhckk042) gt
0
bhckk039 ne null and bhckk039 ge 0
if (bhckk039-q2 gt 0 and bhckk040-q2 gt 0) and
(bhckk039-q2 + bhckk040-q2) gt 1000 then
(bhckk039-q1 + bhckk040-q1) gt 0

bhckk040 ne null and bhckk040 ge 0
if bhckk038 gt 0 then (bhckk041 + bhckk044) gt
0
bhckk041 ne null and bhckk041 ge 0
bhckk042 ne null and bhckk042 ge 0
if (bhckk042-q2 gt 0 and bhckk043-q2 gt 0) and
(bhckk042-q2 + bhckk043-q2) gt 1000 then
(bhckk042-q1 + bhckk043-q1) gt 0

HC-N11bB should not be null and should not be bhckk043 ne null and bhckk043 ge 0
negative.
HC-N11bC should not be null and should not be bhckk044 ne null and bhckk044 ge 0
negative.
HC-N12a1aA should not be null and should not bhdmk045 ne null and bhdmk045 ge 0
be negative.

FR Y-9C: EDIT-61 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
0435

Edit Test

HC-N12a1aB

MDRM
Number
BHDMK046

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

FRY9C

20150331

99991231

No Change

HC-N

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

9520

HC-N12a1aB

BHDMK046

bhdmk046 ne null and bhdmk046 ge 0

Quality

9520

HC-N12a1aC

BHDMK047

HC-N

Quality

9520

HC-N12a1bA

BHDMK048

No Change

HC-N

Intraseries

0436

HC-N12a1bB

BHDMK049

HC-N12a1aB should not be null and should not
be negative.
HC-N12a1aC should not be null and should not
be negative.
HC-N12a1bA should not be null and should not
be negative.
If HC-N12a1bA (previous) is greater than zero
and HC-N12a1bB (previous) is greater than zero
and the sum of HC-N12a1bA (previous) and HCN12a1bB (previous) is greater than $1 million,
then the sum of HC-N12a1bA (current) and HCN12a1bB (current) should be greater than zero.

99991231

No Change

HC-N

Quality

9520

HC-N12a1bB

BHDMK049

bhdmk049 ne null and bhdmk049 ge 0

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a1bC

BHDMK050

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a2A

BHDMK051

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0437

HC-N12a2B

BHDMK052

HC-N12a1bB should not be null and should not
be negative.
HC-N12a1bC should not be null and should not
be negative.
HC-N12a2A should not be null and should not
be negative.
If HC-N12a2A (previous) is greater than zero
and HC-N12a2B (previous) is greater than zero
and the sum of HC-N12a2A (previous) and HCN12a2B (previous) is greater than $1 million,
then the sum of HC-N12a2A (current) and HCN12a2B (current) should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a2B

BHDMK052

bhdmk052 ne null and bhdmk052 ge 0

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a2C

BHDMK053

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a3aA

BHDMK054

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0438

HC-N12a3aB

BHDMK055

HC-N12a2B should not be null and should not
be negative.
HC-N12a2C should not be null and should not
be negative.
HC-N12a3aA should not be null and should not
be negative.
If HC-N12a3aA (previous) is greater than zero
and HC-N12a3aB (previous) is greater than zero
and the sum of HC-N12a3aA (previous) and HCN12a3aB (previous) is greater than $1 million,
then the sum of HC-N12a3aA (current) and HCN12a3aB (current) should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a3aB

BHDMK055

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a3aC

BHDMK056

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a3b1A BHDMK057

September 2018

Alg Edit Test

If HC-N12a1aA (previous) is greater than zero if (bhdmk045-q2 gt 0 and bhdmk046-q2 gt 0)
and HC-N12a1aB (previous) is greater than zero and (bhdmk045-q2 + bhdmk046-q2) gt 1000
and the sum of HC-N12a1aA (previous) and HC- then (bhdmk045-q1 + bhdmk046-q1) gt 0
N12a1aB (previous) is greater than $1 million,
then the sum of HC-N12a1aA (current) and HCN12a1aB (current) should be greater than zero.

bhdmk047 ne null and bhdmk047 ge 0
bhdmk048 ne null and bhdmk048 ge 0
if (bhdmk048-q2 gt 0 and bhdmk049-q2 gt 0)
and (bhdmk048-q2 + bhdmk049-q2) gt 1000
then (bhdmk048-q1 + bhdmk049-q1) gt 0

bhdmk050 ne null and bhdmk050 ge 0
bhdmk051 ne null and bhdmk051 ge 0
if (bhdmk051-q2 gt 0 and bhdmk052-q2 gt 0)
and (bhdmk051-q2 + bhdmk052-q2) gt 1000
then (bhdmk051-q1 + bhdmk052-q1) gt 0

bhdmk053 ne null and bhdmk053 ge 0
bhdmk054 ne null and bhdmk054 ge 0
if (bhdmk054-q2 gt 0 and bhdmk055-q2 gt 0)
and (bhdmk054-q2 + bhdmk055-q2) gt 1000
then (bhdmk054-q1 + bhdmk055-q1) gt 0

HC-N12a3aB should not be null and should not bhdmk055 ne null and bhdmk055 ge 0
be negative.
HC-N12a3aC should not be null and should not bhdmk056 ne null and bhdmk056 ge 0
be negative.
HC-N12a3b1A should not be null and should
bhdmk057 ne null and bhdmk057 ge 0
not be negative.

FR Y-9C: EDIT-62 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

MDRM
Number
HC-N12a3b1B BHDMK058

Edit Test

Intraseries

Edit
Number
0439

No Change

HC-N

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

HC-N

Quality

9520

HC-N12a3b1B BHDMK058

bhdmk058 ne null and bhdmk058 ge 0

No Change

HC-N

Quality

9520

HC-N12a3b1C BHDMK059

99991231

No Change

HC-N

Quality

9520

HC-N12a3b2A BHDMK060

20150331

99991231

No Change

HC-N

Intraseries

0440

HC-N12a3b2B BHDMK061

HC-N12a3b1B should not be null and should
not be negative.
HC-N12a3b1C should not be null and should
not be negative.
HC-N12a3b2A should not be null and should
not be negative.
If HC-N12a3b2A (previous) is greater than zero
and HC-N12a3b2B (previous) is greater than
zero and the sum of HC-N12a3b2A (previous)
and HC-N12a3b2B (previous) is greater than $1
million, then the sum of HC-N12a3b2A (current)
and HC-N12a3b2B (current) should be greater
than zero.

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a3b2B BHDMK061

bhdmk061 ne null and bhdmk061 ge 0

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a3b2C BHDMK062

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a4A

BHDMK063

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0441

HC-N12a4B

BHDMK064

HC-N12a3b2B should not be null and should
not be negative.
HC-N12a3b2C should not be null and should
not be negative.
HC-N12a4A should not be null and should not
be negative.
If HC-N12a4A (previous) is greater than zero
and HC-N12a4B (previous) is greater than zero
and the sum of HC-N12a4A (previous) and HCN12a4B (previous) is greater than $1 million,
then the sum of HC-N12a4A (current) and HCN12a4B (current) should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a4B

BHDMK064

bhdmk064 ne null and bhdmk064 ge 0

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a4C

BHDMK065

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a5aA

BHDMK066

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0442

HC-N12a5aB

BHDMK067

HC-N12a4B should not be null and should not
be negative.
HC-N12a4C should not be null and should not
be negative.
HC-N12a5aA should not be null and should not
be negative.
If HC-N12a5aA (previous) is greater than zero
and HC-N12a5aB (previous) is greater than zero
and the sum of HC-N12a5aA (previous) and HCN12a5aB (previous) is greater than $1 million,
then the sum of HC-N12a5aA (current) and HCN12a5aB (current) should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a5aB

BHDMK067

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a5aC

BHDMK068

September 2018

Alg Edit Test

If HC-N12a3b1A (previous) is greater than zero if (bhdmk057-q2 gt 0 and bhdmk058-q2 gt 0)
and HC-N12a3b1B (previous) is greater than
and (bhdmk057-q2 + bhdmk058-q2) gt 1000
zero and the sum of HC-N12a3b1A (previous) then (bhdmk057-q1 + bhdmk058-q1) gt 0
and HC-N12a3b1B (previous) is greater than $1
million, then the sum of HC-N12a3b1A (current)
and HC-N12a3b1B (current) should be greater
than zero.

bhdmk059 ne null and bhdmk059 ge 0
bhdmk060 ne null and bhdmk060 ge 0
if (bhdmk060-q2 gt 0 and bhdmk061-q2 gt 0)
and (bhdmk060-q2 + bhdmk061-q2) gt 1000
then (bhdmk060-q1 + bhdmk061-q1) gt 0

bhdmk062 ne null and bhdmk062 ge 0
bhdmk063 ne null and bhdmk063 ge 0
if (bhdmk063-q2 gt 0 and bhdmk064-q2 gt 0)
and (bhdmk063-q2 + bhdmk064-q2) gt 1000
then (bhdmk063-q1 + bhdmk064-q1) gt 0

bhdmk065 ne null and bhdmk065 ge 0
bhdmk066 ne null and bhdmk066 ge 0
if (bhdmk066-q2 gt 0 and bhdmk067-q2 gt 0)
and (bhdmk066-q2 + bhdmk067-q2) gt 1000
then (bhdmk066-q1 + bhdmk067-q1) gt 0

HC-N12a5aB should not be null and should not bhdmk067 ne null and bhdmk067 ge 0
be negative.
HC-N12a5aC should not be null and should not bhdmk068 ne null and bhdmk068 ge 0
be negative.

FR Y-9C: EDIT-63 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9520

HC-N12a5bA

MDRM
Number
BHDMK069

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0443

HC-N12a5bB

BHDMK070

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a5bB

BHDMK070

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12a5bC

BHDMK071

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12eA

BHCKK087

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0449

HC-N12eB

BHCKK088

FRY9C

20180331

99991231

No Change

HC-N

Quality

0546

HC-N12eB

BHCKK088

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12eB

BHCKK088

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12eC

BHCKK089

FRY9C

20180331

99991231

No Change

HC-N

Quality

0433

HC-N12fA

BHCKK102

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12fA

BHCKK102

FRY9C

20180331

99991231

No Change

HC-N

Quality

0434

HC-N12fB

BHCKK103

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12fB

BHCKK103

September 2018

Edit Test

Alg Edit Test

HC-N12a5bA should not be null and should not
be negative.
If HC-N12a5bA (previous) is greater than zero
and HC-N12a5bB (previous) is greater than zero
and the sum of HC-N12a5bA (previous) and HCN12a5bB (previous) is greater than $1 million,
then the sum of HC-N12a5bA (current) and HCN12a5bB (current) should be greater than zero.

bhdmk069 ne null and bhdmk069 ge 0

HC-N12a5bB should not be null and should not
be negative.
HC-N12a5bC should not be null and should not
be negative.
HC-N12eA should not be null and should not be
negative.
If HC-N12eA (previous) is greater than zero and
HC-N12eB (previous) is greater than zero and
the sum of HC-N12eA (previous) and HC-N12eB
(previous) is greater than $1 million, then the
sum of HC-N12eA (current) and HC-N12eB
(current) should be greater than zero.

bhdmk070 ne null and bhdmk070 ge 0

if (bhdmk069-q2 gt 0 and bhdmk070-q2 gt 0)
and (bhdmk069-q2 + bhdmk070-q2) gt 1000
then (bhdmk069-q1 + bhdmk070-q1) gt 0

bhdmk071 ne null and bhdmk071 ge 0
bhckk087 ne null and bhckk087 ge 0
if (bhckk087-q2 gt 0 and bhckk088-q2 gt 0) and
(bhckk087-q2 + bhckk088-q2) gt 1000 then
(bhckk087-q1 + bhckk088-q1) gt 0

If the sum of HC-N12a1aB through HC-N12eB is
not equal to zero, then HC-N12fB divided by the
sum of HC-N12a1aB through HC-N12eB should
be within 80% and 95%.

if (bhdmk046 + bhdmk049 + bhdmk052 +
bhdmk055 + bhdmk058 + bhdmk061 +
bhdmk064 + bhdmk067 + bhdmk070 +
bhckk088) ne 0 then (bhckk103 / (bhdmk046 +
bhdmk049 + bhdmk052 + bhdmk055 +
bhdmk058 + bhdmk061 +
bhdmk064 + bhdmk067 + bhdmk070 +
bhckk088) * 100) ge 80 and (bhckk103 /
(bhdmk046 + bhdmk049 + bhdmk052 +
bhdmk055 + bhdmk058 + bhdmk061 +
bhdmk064 + bhdmk067 + bhdmk070 +
bhckk088)ne
* 100)
le 95bhckk088 ge 0
HC-N12eB should not be null and should not be bhckk088
null and
negative.
HC-N12eC should not be null and should not be bhckk089 ne null and bhckk089 ge 0
negative.
If the sum of HC-N12a1aA through HC-N12eA is if (bhdmk045 + bhdmk048 + bhdmk051 +
greater than zero then HC-N12fA should be
bhdmk054 + bhdmk057 + bhdmk060 +
greater than zero.
bhdmk063 + bhdmk066 + bhdmk069 +
bhckk087) gt 0 then bhckk102 gt 0
HC-N12fA should not be null and should not be bhckk102 ne null and bhckk102 ge 0
negative.
If the sum of HC-N12a1aB through HC-N12eB is if (bhdmk046 + bhdmk049 + bhdmk052 +
greater than zero then HC-N12fB should be
bhdmk055 + bhdmk058 + bhdmk061 +
greater than zero.
bhdmk064 + bhdmk067 + bhdmk070 +
bhckk088) gt 0 then bhckk103 gt 0
HC-N12fB should not be null and should not be bhckk103 ne null and bhckk103 ge 0
negative.

FR Y-9C: EDIT-64 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180331
99991231

TargetItem

Quality

Edit
Number
0435

HC-N12fC

MDRM
Number
BHCKK104

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-N12fC

BHCKK104

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1a1A

BHDMK105

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0417

HC-NM1a1B

BHDMK106

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1a1B

BHDMK106

FRY9C

20150331

99991231

No Change

HC-N

Quality

0405

HC-NM1a1C

BHDMK107

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1a1C

BHDMK107

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1a2A

BHDMK108

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0418

HC-NM1a2B

BHDMK109

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1a2B

BHDMK109

FRY9C

20150331

99991231

No Change

HC-N

Quality

0406

HC-NM1a2C

BHDMK110

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1a2C

BHDMK110

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1bA

BHCKF661

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0219

HC-NM1bB

BHCKF662

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1bB

BHCKF662

September 2018

Edit Test

Alg Edit Test

If the sum of HC-N12a1aC through HC-N12eC is if (bhdmk047 + bhdmk050 + bhdmk053 +
greater than zero then HC-N12fC should be
bhdmk056 + bhdmk059 + bhdmk062 +
greater than zero.
bhdmk065 + bhdmk068 + bhdmk071 +
bhckk089) gt 0 then bhckk104 gt 0
HC-N12fC should not be null and should not be bhckk104 ne null and bhckk104 ge 0
negative.
HC-NM1a1A should not be null and should not bhdmk105 ne null and bhdmk105 ge 0
be negative.
If HC-NM1a1A (previous) is greater than zero
if (bhdmk105-q2 gt 0 and bhdmk106-q2 gt 0)
and HC-NM1a1B (previous) is greater than zero and (bhdmk105-q2 + bhdmk106-q2) gt 1000
and the sum of HC-NM1a1A (previous) and HC- then (bhdmk105-q1 + bhdmk106-q1) gt 0
NM1a1B (previous) is greater than $1 million,
then the sum of HC-NM1a1A (current) and HCNM1a1B (current) should be greater than zero.
HC-NM1a1B should not be null and should not
be negative.
If the sum of HC-NM1a1A through HC-NM1a1C
is greater than zero, then HC-CM1a1 should not
equal the sum of HC-NM1a1A through HCNM1a1C.
HC-NM1a1C should not be null and should not
be negative.
HC-NM1a2A should not be null and should not
be negative.
If HC-NM1a2A (previous) is greater than zero
and HC-NM1a2B (previous) is greater than zero
and the sum of HC-NM1a2A (previous) and HCNM1a2B (previous) is greater than $1 million,
then the sum of HC-NM1a2A (current) and HCNM1a2B (current) should be greater than zero.

bhdmk106 ne null and bhdmk106 ge 0

HC-NM1a2B should not be null and should not
be negative.
If the sum of HC-NM1a2A through HC-NM1a2C
is greater than zero, then HC-CM1a2 should not
equal the sum of HC-NM1a2A through HCNM1a2C.
HC-NM1a2C should not be null and should not
be negative.
HC-NM1bA should not be null and should not
be negative.
If HC-NM1bA (previous) is greater than zero
and HC-NM1bB (previous) is greater than zero
and the sum of HC-NM1bA (previous) and HCNM1bB (previous) is greater than $1 million,
then the sum of HC-NM1bA (current) and HCNM1bB (current) should be greater than zero.

bhdmk109 ne null and bhdmk109 ge 0

HC-NM1bB should not be null and should not
be negative.

bhckf662 ne null and bhckf662 ge 0

if (bhdmk105 + bhdmk106 + bhdmk107) gt 0
then (bhdmk158 ne (bhdmk105 + bhdmk106 +
bhdmk107))
bhdmk107 ne null and bhdmk107 ge 0
bhdmk108 ne null and bhdmk108 ge 0
if (bhdmk108-q2 gt 0 and bhdmk109-q2 gt 0)
and (bhdmk108-q2 + bhdmk109-q2) gt 1000
then (bhdmk108-q1 + bhdmk109-q1) gt 0

if (bhdmk108 + bhdmk109 + bhdmk110) gt 0
then (bhdmk159 ne (bhdmk108 + bhdmk109 +
bhdmk110))
bhdmk110 ne null and bhdmk110 ge 0
bhckf661 ne null and bhckf661 ge 0
if (bhckf661-q2 gt 0 and bhckf662-q2 gt 0) and
(bhckf661-q2 + bhckf662-q2) gt 1000 then
(bhckf661-q1 + bhckf662-q1) gt 0

FR Y-9C: EDIT-65 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
0144

HC-NM1bC

MDRM
Number
BHCKF663

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1bC

BHCKF663

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1cA

BHDMK111

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0419

HC-NM1cB

BHDMK112

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1cB

BHDMK112

FRY9C

20150331

99991231

No Change

HC-N

Quality

0407

HC-NM1cC

BHDMK113

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1cC

BHDMK113

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1d1A

BHDMK114

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0420

HC-NM1d1B

BHDMK115

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1d1B

BHDMK115

FRY9C

20150331

99991231

No Change

HC-N

Quality

0408

HC-NM1d1C

BHDMK116

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1d1C

BHDMK116

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1d2A

BHDMK117

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0421

HC-NM1d2B

BHDMK118

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1d2B

BHDMK118

September 2018

Edit Test

Alg Edit Test

If the sum of HC-NM1bA through HC-NM1bC is
greater than zero, then HC-CM1b should not
equal the sum of HC-NM1bA through HCNM1bC.
HC-NM1bC should not be null and should not
be negative.
HC-NM1cA should not be null and should not
be negative.
If HC-NM1cA (previous) is greater than zero and
HC-NM1cB (previous) is greater than zero and
the sum of HC-NM1cA (previous) and HCNM1cB (previous) is greater than $1 million,
then the sum of HC-NM1cA (current) and HCNM1cB (current) should be greater than zero.

if (bhckf661 + bhckf662 + bhckf663) gt 0 then
(bhdmf576 ne (bhckf661 + bhckf662 +
bhckf663))

HC-NM1cB should not be null and should not
be negative.
If the sum of HC-NM1cA through HC-NM1cC is
greater than zero, then HC-CM1c should not
equal the sum of HC-NM1cA through HCNM1cC.
HC-NM1cC should not be null and should not
be negative.
HC-NM1d1A should not be null and should not
be negative.
If HC-NM1d1A (previous) is greater than zero
and HC-NM1d1B (previous) is greater than zero
and the sum of HC-NM1d1A (previous) and HCNM1d1B (previous) is greater than $1 million,
then the sum of HC-NM1d1A (current) and HCNM1d1B (current) should be greater than zero.

bhdmk112 ne null and bhdmk112 ge 0

HC-NM1d1B should not be null and should not
be negative.
If the sum of HC-NM1d1A through HC-NM1d1C
is greater than zero, then HC-CM1d1 should not
equal the sum of HC-NM1d1A through HCNM1d1C.
HC-NM1d1C should not be null and should not
be negative.
HC-NM1d2A should not be null and should not
be negative.
If HC-NM1d2A (previous) is greater than zero
and HC-NM1d2B (previous) is greater than zero
and the sum of HC-NM1d2A (previous) and HCNM1d2B (previous) is greater than $1 million,
then the sum of HC-NM1d2A (current) and HCNM1d2B (current) should be greater than zero.

bhdmk115 ne null and bhdmk115 ge 0

bhckf663 ne null and bhckf663 ge 0
bhdmk111 ne null and bhdmk111 ge 0
if (bhdmk111-q2 gt 0 and bhdmk112-q2 gt 0)
and (bhdmk111-q2 + bhdmk112-q2) gt 1000
then (bhdmk111-q1 + bhdmk112-q1) gt 0

if (bhdmk111 + bhdmk112 + bhdmk113) gt 0
then (bhdmk160 ne (bhdmk111 + bhdmk112 +
bhdmk113))
bhdmk113 ne null and bhdmk113 ge 0
bhdmk114 ne null and bhdmk114 ge 0
if (bhdmk114-q2 gt 0 and bhdmk115-q2 gt 0)
and (bhdmk114-q2 + bhdmk115-q2) gt 1000
then (bhdmk114-q1 + bhdmk115-q1) gt 0

if (bhdmk114 + bhdmk115 + bhdmk116) gt 0
then (bhdmk161 ne (bhdmk114 + bhdmk115 +
bhdmk116))
bhdmk116 ne null and bhdmk116 ge 0
bhdmk117 ne null and bhdmk117 ge 0
if (bhdmk117-q2 gt 0 and bhdmk118-q2 gt 0)
and (bhdmk117-q2 + bhdmk118-q2) gt 1000
then (bhdmk117-q1 + bhdmk118-q1) gt 0

HC-NM1d2B should not be null and should not bhdmk118 ne null and bhdmk118 ge 0
be negative.

FR Y-9C: EDIT-66 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
0409

HC-NM1d2C

MDRM
Number
BHDMK119

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1d2C

BHDMK119

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1e1A

BHCKK120

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0422

HC-NM1e1B

BHCKK121

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1e1B

BHCKK121

FRY9C

20150331

99991231

No Change

HC-N

Quality

0410

HC-NM1e1C

BHCKK122

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1e1C

BHCKK122

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1e2A

BHCKK123

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0423

HC-NM1e2B

BHCKK124

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1e2B

BHCKK124

FRY9C

20150331

99991231

No Change

HC-N

Quality

0411

HC-NM1e2C

BHCKK125

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1e2C

BHCKK125

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1fA

BHCKK126

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6695

HC-NM1fB

BHCKK127

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1fB

BHCKK127

September 2018

Edit Test

Alg Edit Test

If the sum of HC-NM1d2A through HC-NM1d2C
is greater than zero, then HC-CM1d2 should not
equal the sum of HC-NM1d2A through HCNM1d2C.
HC-NM1d2C should not be null and should not
be negative.
HC-NM1e1A should not be null and should not
be negative.
If HC-NM1e1A (previous) is greater than zero
and HC-NM1e1B (previous) is greater than zero
and the sum of HC-NM1e1A (previous) and HCNM1e1B (previous) is greater than $1 million,
then the sum of HC-NM1e1A (current) and HCNM1e1B (current) should be greater than zero.

if (bhdmk117 + bhdmk118 + bhdmk119) gt 0
then (bhdmk162 ne (bhdmk117 + bhdmk118 +
bhdmk119))

HC-NM1e1B should not be null and should not
be negative.
If the sum of HC-NM1e1A through HC-NM1e1C
is greater than zero, then HC-CM1e1 should not
equal the sum of HC-NM1e1A through HCNM1e1C.
HC-NM1e1C should not be null and should not
be negative.
HC-NM1e2A should not be null and should not
be negative.
If HC-NM1e2A (previous) is greater than zero
and HC-NM1e2B (previous) is greater than zero
and the sum of HC-NM1e2A (previous) and HCNM1e2B (previous) is greater than $1 million,
then the sum of HC-NM1e2A (current) and HCNM1e2B (current) should be greater than zero.

bhckk121 ne null and bhckk121 ge 0

HC-NM1e2B should not be null and should not
be negative.
If the sum of HC-NM1e2A through HC-NM1e2C
is greater than zero, then HC-CM1e2 should not
equal the sum of HC-NM1e2A through HCNM1e2C.
HC-NM1e2C should not be null and should not
be negative.
HC-NM1fA should not be null and should not be
negative.
If HC-NM1fA (previous) is greater than zero and
HC-NM1fB (previous) is greater than zero and
the sum of HC-NM1fA (previous) and HCNM1fB (previous) is greater than $1 million,
then the sum of HC-NM1fA (current) and HCNM1fB (current) should be greater than zero.

bhckk124 ne null and bhckk124 ge 0

bhdmk119 ne null and bhdmk119 ge 0
bhckk120 ne null and bhckk120 ge 0
if (bhckk120-q2 gt 0 and bhckk121-q2 gt 0) and
(bhckk120-q2 + bhckk121-q2) gt 1000 then
(bhckk120-q1 + bhckk121-q1) gt 0

if (bhckk120 + bhckk121 + bhckk122) gt 0 then
(bhckk163 ne (bhckk120 + bhckk121 +
bhckk122))
bhckk122 ne null and bhckk122 ge 0
bhckk123 ne null and bhckk123 ge 0
if (bhckk123-q2 gt 0 and bhckk124-q2 gt 0) and
(bhckk123-q2 + bhckk124-q2) gt 1000 then
(bhckk123-q1 + bhckk124-q1) gt 0

if (bhckk123 + bhckk124 + bhckk125) gt 0 then
(bhckk164 ne (bhckk123 + bhckk124 +
bhckk125))
bhckk125 ne null and bhckk125 ge 0
bhckk126 ne null and bhckk126 ge 0
if (bhckk126-q2 gt 0 and bhckk127-q2 gt 0) and
(bhckk126-q2 + bhckk127-q2) gt 1000 then
(bhckk126-q1 + bhckk127-q1) gt 0

HC-NM1fB should not be null and should not be bhckk127 ne null and bhckk127 ge 0
negative.

FR Y-9C: EDIT-67 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
6700

HC-NM1fC

MDRM
Number
BHCKK128

No Change

HC-N

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1fC

BHCKK128

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1f1A

BHDMK130

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

0462

HC-NM1f1B

BHDMK131

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1f1B

BHDMK131

FRY9C

20150331

99991231

No Change

HC-N

Quality

0466

HC-NM1f1C

BHDMK132

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM1f1C

BHDMK132

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f2A

BHCKK138

FRY9C

20160930

99991231

No Change

HC-N

Intraseries

0464

HC-NM1f2B

BHCKK139

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f2B

BHCKK139

FRY9C

20160930

99991231

No Change

HC-N

Quality

0468

HC-NM1f2C

BHCKK140

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f2C

BHCKK140

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3aA

BHCKK274

FRY9C

20160930

99991231

No Change

HC-N

Intraseries

0465

HC-NM1f3aB

BHCKK275

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3aB

BHCKK275

September 2018

Edit Test

Alg Edit Test

If the sum of HC-NM1fA through HC-NM1fC is
greater than zero, then HC-CM1f should not
equal the sum of HC-NM1fA through HCNM1fC.
HC-NM1fC should not be null and should not be
negative.
HC-NM1f1A should not be null and should not
be negative.
If HC-NM1f1A (previous) is greater than zero
and HC-NM1f1B (previous) is greater than zero
and the sum of HC-NM1f1A (previous) and HCNM1f1B (previous) is greater than $1 million,
then the sum of HC-NM1f1A (current) and HCNM1f1B (current) should be greater than zero.

if (bhckk126 + bhckk127 + bhckk128) gt 0 then
(bhckk165 ne (bhckk126 + bhckk127 +
bhckk128))

HC-NM1f1B should not be null and should not
be negative.
If the sum of HC-NM1f1A through HC-NM1f1C
is greater than zero, then HC-CM1f1 should not
equal the sum of HC-NM1f1A through HCNM1f1C.
HC-NM1f1C should not be null and should not
be negative.
HC-NM1f2A should not be null and should not
be negative.
If HC-NM1f2A (previous) is greater than zero
and HC-NM1f2B (previous) is greater than zero
and the sum of HC-NM1f2A (previous) and HCNM1f2B (previous) is greater than $1 million,
then the sum of HC-NM1f2A (current) and HCNM1f2B (current) should be greater than zero.

bhdmk131 ne null and bhdmk131 ge 0

HC-NM1f2B should not be null and should not
be negative.
If the sum of HC-NM1f2A through HC-NM1f2C
is greater than zero, then HC-CM1f2 should not
equal the sum of HC-NM1f2A through HCNM1f2C.
HC-NM1f2C should not be null and should not
be negative.
HC-NM1f3aA should not be null and should not
be negative.
If HC-NM1f3aA (previous) is greater than zero
and HC-NM1f3aB (previous) is greater than
zero and the sum of HC-NM1f3aA (previous)
and HC-NM1f3aB (previous) is greater than $1
million, then the sum of HC-NM1f3aA (current)
and HC-NM1f3aB (current) should be greater
than zero.
HC-NM1f3aB should not be null and should not
be negative.

bhckk139 ne null and bhckk139 ge 0

bhckk128 ne null and bhckk128 ge 0
bhdmk130 ne null and bhdmk130 ge 0
if (bhdmk130-q2 gt 0 and bhdmk131-q2 gt 0)
and (bhdmk130-q2 + bhdmk131-q2) gt 1000
then (bhdmk130-q1 + bhdmk131-q1) gt 0

if (bhdmk130 + bhdmk131 + bhdmk132) gt 0
then (bhdmk166 ne (bhdmk130 + bhdmk131 +
bhdmk132))
bhdmk132 ne null and bhdmk132 ge 0
bhckk138 ne null and bhckk138 ge 0
if (bhckk138-q2 gt 0 and bhckk139-q2 gt 0) and
(bhckk138-q2 + bhckk139-q2) gt 1000 then
(bhckk138-q1 + bhckk139-q1) gt 0

if (bhckk138 + bhckk139 + bhckk140) gt 0 then
(bhckk168 ne (bhckk138 + bhckk139 +
bhckk140))
bhckk140 ne null and bhckk140 ge 0
bhckk274 ne null and bhckk274 ge 0
if (bhckk274-q2 gt 0 and bhckk275-q2 gt 0) and
(bhckk274-q2 + bhckk275-q2) gt 1000 then
(bhckk274-q1 + bhckk275-q1) gt 0

bhckk275 ne null and bhckk275 ge 0

FR Y-9C: EDIT-68 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
0481

HC-NM1f3aC

MDRM
Number
BHCKK276

No Change

HC-N

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3aC

BHCKK276

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3bA

BHCKK277

FRY9C

20160930

99991231

No Change

HC-N

Intraseries

0466

HC-NM1f3bB

BHCKK278

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3bB

BHCKK278

FRY9C

20160930

99991231

No Change

HC-N

Quality

0469

HC-NM1f3bC

BHCKK279

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3bC

BHCKK279

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3cA

BHCKK280

FRY9C

20160930

99991231

No Change

HC-N

Intraseries

0467

HC-NM1f3cB

BHCKK281

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3cB

BHCKK281

FRY9C

20160930

99991231

No Change

HC-N

Quality

0470

HC-NM1f3cC

BHCKK282

FRY9C

20160930

99991231

No Change

HC-N

Quality

9520

HC-NM1f3cC

BHCKK282

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-NM1gA

BHCKHK26

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-NM1gB

BHCKHK27

FRY9C

20180331

99991231

No Change

HC-N

Quality

9520

HC-NM1gC

BHCKHK28

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM2A

BHCK6558

September 2018

Edit Test

Alg Edit Test

If the sum of HC-NM1f3aA through HCNM1f3aC is greater than zero, then HC-CM1f3a
should not equal the sum of HC-NM1f3aA
through HC-NM1f3aC.
HC-NM1f3aC should not be null and should not
be negative.
HC-NM1f3bA should not be null and should not
be negative.
If HC-NM1f3bA (previous) is greater than zero
and HC-NM1f3bB (previous) is greater than
zero and the sum of HC-NM1f3bA (previous)
and HC-NM1f3bB (previous) is greater than $1
million, then the sum of HC-NM1f3bA (current)
and HC-NM1f3bB (current) should be greater
than zero.
HC-NM1f3bB should not be null and should not
be negative.
If the sum of HC-NM1f3bA through HCNM1f3bC is greater than zero, then HC-CM1f3b
should not equal the sum of HC-NM1f3bA
through HC-NM1f3bC.
HC-NM1f3bC should not be null and should not
be negative.
HC-NM1f3cA should not be null and should not
be negative.
If HC-NM1f3cA (previous) is greater than zero
and HC-NM1f3cB (previous) is greater than zero
and the sum of HC-NM1f3cA (previous) and HCNM1f3cB (previous) is greater than $1 million,
then the sum of HC-NM1f3cA (current) and HCNM1f3cB (current) should be greater than zero.

if (bhckk274 + bhckk275 + bhckk276) gt 0 then
(bhckk098 ne (bhckk274 + bhckk275 +
bhckk276))

HC-NM1f3cB should not be null and should not
be negative.
If the sum of HC-NM1f3cA through HCNM1f3cC is greater than zero, then HC-CM1f3c
should not equal the sum of HC-NM1f3cA
through HC-NM1f3cC.
HC-NM1f3cC should not be null and should not
be negative.
HC-NM1gA should not be null and should not
be negative.
HC-NM1gB should not be null and should not
be negative.
HC-NM1gC should not be null and should not
be negative.
HC-NM2A should not be null and should not be
negative.

bhckk281 ne null and bhckk281 ge 0

bhckk276 ne null and bhckk276 ge 0
bhckk277 ne null and bhckk277 ge 0
if (bhckk277-q2 gt 0 and bhckk278-q2 gt 0) and
(bhckk277-q2 + bhckk278-q2) gt 1000 then
(bhckk277-q1 + bhckk278-q1) gt 0

bhckk278 ne null and bhckk278 ge 0
if (bhckk277 + bhckk278 + bhckk279) gt 0 then
(bhckk203 ne (bhckk277 + bhckk278 +
bhckk279))
bhckk279 ne null and bhckk279 ge 0
bhckk280 ne null and bhckk280 ge 0
if (bhckk280-q2 gt 0 and bhckk281-q2 gt 0) and
(bhckk280-q2 + bhckk281-q2) gt 1000 then
(bhckk280-q1 + bhckk281-q1) gt 0

if (bhckk280 + bhckk281 + bhckk282) gt 0 then
(bhckk204 ne (bhckk280 + bhckk281 +
bhckk282))
bhckk282 ne null and bhckk282 ge 0
bhckhk26 ne null and bhckhk26 ge 0
bhckhk27 ne null and bhckhk27 ge 0
bhckhk28 ne null and bhckhk28 ge 0
bhck6558 ne null and bhck6558 ge 0

FR Y-9C: EDIT-69 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
6702

Edit Test

Alg Edit Test

HC-NM2B

MDRM
Number
BHCK6559

No Change

HC-N

If HC-NM2A (previous) is greater than zero and
HC-NM2B (previous) is greater than zero and
the sum of HC-NM2A (previous) and HC-NM2B
(previous) is greater than $1 million and HCCM2 (current) is greater than zero, then the
sum of HC-NM2A (current) and HC-NM2B
(current) should be greater than zero.

if (bhck6558-q2 gt 0 and bhck6559-q2 gt 0) and
(bhck6558-q2 + bhck6559-q2) gt 1000 and
bhck2746-q1 gt 0 then (bhck6558-q1 +
bhck6559-q1) gt 0

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM2B

BHCK6559

bhck6559 ne null and bhck6559 ge 0

Quality

6705

HC-NM2C

BHCK6560

HC-N

Quality

9520

HC-NM2C

BHCK6560

No Change

HC-N

Quality

9520

HC-NM3A

BHCK3508

99991231

No Change

HC-N

Quality

9520

HC-NM3B

BHCK1912

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM3C

BHCK1913

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM5aA

BHCKC240

FRY9C

20150331

99991231

No Change

HC-N

Intraseries

6725

HC-NM5aB

BHCKC241

HC-NM2B should not be null and should not be
negative.
If the sum of HC-NM2A, HC-NM2B, and HCNM2C is greater than $1 million, then the sum
of HC-NM2A, HC-NM2B, and HC-NM2C divided
by HC-CM2 should not exceed tolerance of
50%.
HC-NM2C should not be null and should not be
negative.
HC-NM3A should not be null and should not be
negative.
HC-NM3B should not be null and should not be
negative.
HC-NM3C should not be null and should not be
negative.
HC-NM5aA should not be null and should not
be negative.
If HC-NM5aA (previous) is greater than zero
and HC-NM5aB (previous) is greater than zero
and the sum of HC-NM5aA (previous) and HCNM5aB (previous) is greater than $1 million and
HC-4a (current) is greater than zero, then the
sum of HC-NM5aA (current) and HC-NM5aB
(current) should be greater than zero.

FRY9C

20150331

99991231

No Change

HC-N

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM5aB

BHCKC241

bhckc241 ne null and bhckc241 ge 0

FRY9C

20150331

99991231

No Change

HC-N

Quality

9520

HC-NM5aC

BHCKC226

FRY9C
FRY9C
FRY9C

20150331
20150331
20180331

99991231
99991231
99991231

No Change
No Change
No Change

HC-N
HC-N
HC-N

Quality
Quality
Intraseries

9530
9530
6757

HC-NM6A
HC-NM6B
HC-NM7

BHCK3529
BHCK3530
BHCKC410

HC-NM5aB should not be null and should not
be negative.
HC-NM5aC should not be null and should not
be negative.
HC-NM6A should not be negative.
HC-NM6B should not be negative.
If HC-N9C (current minus previous) is greater
than zero, then HC-NM7 should be greater than
or equal to HC-N9C (current minus previous).

FRY9C

20150331

99991231

No Change

HC-N

Quality

9540

HC-NM7

BHCKC410

bhckc410 ne null and bhckc410 ge 0

FRY9C

20150331

99991231

No Change

HC-N

Quality

9540

HC-NM8

BHCKC411

FRY9C

20150331

99991231

No Change

HC-N

Quality

9540

HC-NM9aA

BHCKL183

FRY9C

20150331

99991231

No Change

HC-N

Quality

9540

HC-NM9aB

BHCKL184

HC-NM7 should not be null and should not be
negative.
HC-NM8 should not be null and should not be
negative.
HC-NM9aA should not be null and should not
be negative.
HC-NM9aB should not be null and should not
be negative.

September 2018

if bhck2746 ne 0 and (bhck6558 + bhck6559 +
bhck6560) gt 1000 then ((bhck6558 + bhck6559
+ bhck6560) / bhck2746) * 100 le 50

bhck6560 ne null and bhck6560 ge 0
bhck3508 ne null and bhck3508 ge 0
bhck1912 ne null and bhck1912 ge 0
bhck1913 ne null and bhck1913 ge 0
bhckc240 ne null and bhckc240 ge 0
if (bhckc240-q2 gt 0 and bhckc241-q2 gt 0) and
(bhckc240-q2 + bhckc241-q2) gt 1000 and
(bhck5369-q1 gt 0) then (bhckc240-q1 +
bhckc241-q1) gt 0

bhckc226 ne null and bhckc226 ge 0
bhck3529 ge 0 or bhck3529 eq null
bhck3530 ge 0 or bhck3530 eq null
if (bhck1403-q1 - bhck1403-q2) gt 0 then
bhckc410 ge (bhck1403-q1 - bhck1403-q2)

bhckc411 ne null and bhckc411 ge 0
bhckl183 ne null and bhckl183 ge 0
bhckl184 ne null and bhckl184 ge 0

FR Y-9C: EDIT-70 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
9540

HC-NM9aC

MDRM
Number
BHCKL185

No Change

HC-N

FRY9C

20150331

99991231

No change

HC-C

Quality

1009

HC-NM9aC

BHCKL185

FRY9C

20150331

99991231

No Change

HC-N

Quality

1000

HC-NM9bA

BHCKL186

FRY9C

20150331

99991231

No Change

HC-N

Quality

1006

HC-NM9bA

BHCKL186

FRY9C

20150331

99991231

No Change

HC-N

Quality

9540

HC-NM9bA

BHCKL186

FRY9C

20150331

99991231

No Change

HC-N

Quality

1001

HC-NM9bB

BHCKL187

FRY9C

20150331

99991231

No Change

HC-N

Quality

1007

HC-NM9bB

BHCKL187

FRY9C

20150331

99991231

No Change

HC-N

Quality

9540

HC-NM9bB

BHCKL187

FRY9C

20150331

99991231

No Change

HC-N

Quality

1002

HC-NM9bC

BHCKL188

FRY9C

20150331

99991231

No Change

HC-N

Quality

1008

HC-NM9bC

BHCKL188

FRY9C

20150331

99991231

No Change

HC-N

Quality

9540

HC-NM9bC

BHCKL188

FRY9C

20150331

99991231

No change

HC-C

Quality

1010

HC-NM9bC

BHCKL188

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20180630
20180630
20180630
20180630
20180630
20180630
20180331

99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change

HC-P
HC-P
HC-P
HC-P
HC-P
HC-P
HC-P
HC-P
HC-Q

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Intraseries

9550
9550
9550
9550
9550
9550
9550
9550
0156

HC-P7a
HC-P7b
HC-P1
HC-P2
HC-P3
HC-P4
HC-P5
HC-P6
HC-Q1A

BHCKL191
BHCKL192
BHCKHT81
BHCKHT82
BHCKHT83
BHCKHT84
BHCKHT85
BHCKHT86
BHCYJA36

FRY9C

20160930

99991231

No Change

HC-Q

Intraseries

0157

HC-Q2A

BHCKG478

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0338

HC-Q3A

BHCKG483

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0445

HC-Q3A

BHCKG483

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0339

HC-Q4A

BHCKG488

September 2018

Edit Test

Alg Edit Test

HC-NM9aC should not be null and should not
be negative.
HC-CM5a should be greater than or equal to
the sum of HC-NM9aA, HC-NM9aB, and HCNM9aC.
HC-NM9aA should be greater than or equal to
HC-NM9bA.
If HC-NM9aA is greater than 0, then HC-NM9bA
should be greater than 0.
HC-NM9bA should not be null and should not
be negative.
HC-NM9aB should be greater than or equal to
HC-NM9bB.
If HC-NM9aB is greater than 0, then HC-NM9bB
should be greater than 0.
HC-NM9bB should not be null and should not
be negative.
HC-NM9aC should be greater than or equal to
HC-NM9bC.
If HC-NM9aC is greater than 0, then HC-NM9bC
should be greater than 0.
HC-NM9bC should not be null and should not
be negative.
HC-CM5b should be greater than or equal to
the sum of HC-NM9bA, HC-NM9bB, and HCNM9bC.
HC-P7a should not be negative.
HC-P7b should not be negative.
HC-P1 should not be negative.
HC-P2 should not be negative.
HC-P3 should not be negative.
HC-P4 should not be negative.
HC-P5 should not be negative.
HC-P6 should not be negative.
If HC-Q1A (previous) is not equal to zero or null,
then HC-Q1A (current) should not equal zero or
null.
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, If HC-Q2A (previous) is not equal to zero
or null, then HC-Q2A (current) should not equal
zero or null.
If HC-Q3A (previous) is not equal to zero or null,
then HC-Q3A (current) should not equal zero or
null.
HC-Q3A should be less than or equal to HC-4a.

bhckl185 ne null and bhckl185 ge 0
bhckc779 ge (bhckl183 + bhckl184 + bhckl185)

bhckl183 ge bhckl186
if bhckl183 gt 0 then bhckl186 gt 0
bhckl186 ne null and bhckl186 ge 0
bhckl184 ge bhckl187
if bhckl184 gt 0 then bhckl187 gt 0
bhckl187 ne null and bhckl187 ge 0
bhckl185 ge bhckl188
if bhckl185 gt 0 then bhckl188 gt 0
bhckl188 ne null and bhckl188 ge 0
bhckc780 ge (bhckl186 + bhckl187 + bhckl188)

bhckl191 ge 0 or bhckl191 eq null
bhckl192 ge 0 or bhckl192 eq null
bhckht81 ge 0 or bhckht81 eq null
bhckht82 ge 0 or bhckht82 eq null
bhckht83 ge 0 or bhckht83 eq null
bhckht84 ge 0 or bhckht84 eq null
bhckht85 ge 0 or bhckht85 eq null
bhckht86 ge 0 or bhckht86 eq null
if ((bhcyja36-q2 ne 0) and (bhcyja36-q2 ne
null)) then ((bhcyja36-q1 ne 0) and (bhcyja36q1 ne null))
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, if ((bhckg478-q2 ne 0) and (bhckg478-q2
ne null)) then ((bhckg478-q1 ne 0) and
(bhckg478-q1 ne null))
if ((bhckg483-q2 ne 0) and (bhckg483-q2 ne
null)) then ((bhckg483-q1 ne 0) and (bhckg483q1 ne null))
bhckg483 le bhck5369

If HC-Q4A (previous) is not equal to zero or null, if ((bhckg488-q2 ne 0) and (bhckg488-q2 ne
then HC-Q4A (current) should not equal zero or null)) then ((bhckg488-q1 ne 0) and (bhckg488null.
q1 ne null))

FR Y-9C: EDIT-71 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
0446

Edit Test

HC-Q4A

MDRM
Number
BHCKG488

No Change

HC-Q

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

FRY9C

20150331

99991231

No Change

HC-Q

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

0161

HC-Q5aA

BHCT3543

Quality

0068

HC-Q5b1A

BHCKF240

if ((bhct3543-q2 ne 0) and (bhct3543-q2 ne
null)) then ((bhct3543-q1 ne 0) and (bhct3543q1 ne null)).
bhckf240 le bhckg497

HC-Q

Intraseries

0158

HC-Q5b1A

BHCKF240

No Change

HC-Q

Quality

0222

HC-Q5b1C

BHCKF692

99991231

No Change

HC-Q

Quality

0069

HC-Q5b1D

BHCKF241

20150331

99991231

No Change

HC-Q

Quality

0070

HC-Q5b1E

BHCKF242

FRY9C

20180930

99991231

Revised

HC-Q

Quality

0063

HC-Q5bA

BHCKG497

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0065

HC-Q5bA

BHCKG497

If HC-Q5aA (previous) is not equal to zero or
not null, then HC-Q5aA (current) should not be
zero or null.
HC-Q5b1A should be less than or equal to HCQ5bA.
If HC-Q5b1A (previous) is not equal to zero or
null, then HC-Q5b1A (current) should not equal
zero or null.
HC-Q5b1C should be less than or equal to HCQ5bC.
HC-Q5b1D should be less than or equal to HCQ5bD.
HC-Q5b1E should be less than or equal to HCQ5bE.
If HC-Q5aA is not null, then the sum of HCQ5aA and HC-Q5bA should equal HC-5.
If HC-Q5b1A is not equal to zero or null, then
HC-Q5bA should not equal zero or null.

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0341

HC-Q5bA

BHCKG497

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0223

HC-Q5bB

BHCKG498

If HC-Q5bA (previous) is not equal to zero or
not null, then HC-Q5bA (current) should not be
zero or null.
If HC-Q5b1B is not equal to zero or null, then
HC-Q5bB should not equal zero or null.

if ((bhckg497-q2 ne 0) and (bhckg497-q2 ne
null)) then ((bhckg497-q1 ne 0) and (bhckg497q1 ne null)).
if (bhckf684 ne 0 and bhckf684 ne null) then
(bhckg498 ne 0 and bhckg498 ne null)

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0224

HC-Q5bC

BHCKG499

If HC-Q5b1C is not equal to zero or null, then
HC-Q5bC should not equal zero or null.

if (bhckf692 ne 0 and bhckf692 ne null) then
(bhckg499 ne 0 and bhckg499 ne null)

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0066

HC-Q5bD

BHCKG500

If HC-Q5b1D is not equal to zero or null, then
HC-Q5bD should not equal zero or null.

if (bhckf241 ne 0 and bhckf241 ne null) then
(bhckg500 ne 0 and bhckg500 ne null)

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0067

HC-Q5bE

BHCKG501

If HC-Q5b1E is not equal to zero or null, then
HC-Q5bE should not equal zero or null.

if (bhckf242 ne 0 and bhckf242 ne null) then
(bhckg501 ne 0 and bhckg501 ne null)

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0159

HC-Q6A

BHCKG391

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0379

HC-Q6A

BHCKG391

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0380

HC-Q6C

BHCKG395

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0381

HC-Q6D

BHCKG396

If HC-Q6A (previous) is not equal to zero or null, if ((bhckg391-q2 ne 0) and (bhckg391-q2 ne
then HC-Q6A (current) should not equal zero or null)) then ((bhckg391-q1 ne 0) and (bhckg391null.
q1 ne null))
Sum of HC-QM1aA, HC-QM1bA, HC-QM1cA, HC- (bhckg536 + bhckg541 + bhckg546 + bhckg551
QM1dA, HC-QM1eA and HC-QM1fA should be + bhckg556 + bhckg561) le bhckg391
less than or equal to HC-Q6A.
Sum of HC-QM1aC, HC-QM1bC, HC-QM1cC, HC- (bhckg538 + bhckg543 + bhckg548 + bhckg553
QM1dC, HC-QM1eC and HC-QM1fC should be + bhckg558 + bhckg563) le bhckg395
less than or equal to HC-Q6C.
Sum of HC-QM1aD, HC-QM1bD, HC-QM1cD, HC- (bhckg539 + bhckg544 + bhckg549 + bhckg554
QM1dD, HC-QM1eD and HC-QM1fD should be + bhckg559 + bhckg564) le bhckg396
less than or equal to HC-Q6D.

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0382

HC-Q6E

BHCKG804

September 2018

Alg Edit Test

HC-Q4A should be less than or equal to HC-4b. bhckg488 le bhckb528

if ((bhckf240-q2 ne 0) and (bhckf240-q2 ne
null)) then ((bhckf240-q1 ne 0) and (bhckf240q1 ne null))
bhckf692 le bhckg499
bhckf241 le bhckg500
bhckf242 le bhckg501
if bhct3543 ne null then (bhct3543 + bhckg497)
eq bhck3545
if (bhckf240 ne 0 and bhckf240 ne null) then
(bhckg497 ne 0 and bhckg497 ne null)

Sum of HC-QM1aE, HC-QM1bE, HC-QM1cE, HC- (bhckg540 + bhckg545 + bhckg550 + bhckg555
QM1dE, HC-QM1eE and HC-QM1fE should be + bhckg560 + bhckg565) le bhckg804
less than or equal to HC-Q6E.

FR Y-9C: EDIT-72 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
0163

HC-Q7A

MDRM
Number
BHCKG502

No Change

HC-Q

FRY9C

20160930

99991231

No Change

HC-Q

Intraseries

0160

HC-Q8A

BHCKF252

FRY9C

20160930

99991231

No Change

HC-Q

Intraseries

0342

HC-Q9A

BHCKG507

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0343

HC-Q10aA

BHCT3547

FRY9C

20180930

99991231

Revised

HC-Q

Quality

0064

HC-Q10bA

BHCKG516

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0344

HC-Q10bA

BHCKG516

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0345

HC-Q11A

BHCKG521

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0346

HC-Q12A

BHCKG526

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0162

HC-Q13A

BHCKG805

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0383

HC-Q13A

BHCKG805

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0384

HC-Q13C

BHCKG807

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0385

HC-Q13D

BHCKG808

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0386

HC-Q13E

BHCKG809

FRY9C

20150331

99991231

No Change

HC-Q

Intraseries

0347

HC-Q14A

BHCKG531

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0355

HC-QM1cA

BHCKG546

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0356

HC-QM1cTX

BHTXG546

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0357

HC-QM1dA

BHCKG551

September 2018

Edit Test

Alg Edit Test

If HC-Q7A (previous) is not equal to zero or not if ((bhckg502-q2 ne 0) and (bhckg502-q2 ne
null, then HC-Q7A (current) should not be zero null)) then ((bhckg502-q1 ne 0) and (bhckg502or null.
q1 ne null)).
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, If HC-Q8A (previous) is not equal to zero SLHCs, if ((bhckf252-q2 ne 0) and (bhckf252-q2
or not null, then HC-Q8A (current) should not ne null)) then ((bhckf252-q1 ne 0) and
be zero or null.
(bhckf252-q1 ne null)).
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
For BHCs, SHCs, IHCs, Non-BHC IHCs and all
SLHCs, If HC-Q9A (previous) is not equal to zero SLHCs, if ((bhckg507-q2 ne 0) and (bhckg507-q2
or not null, then HC-Q9A (current) should not ne null)) then ((bhckg507-q1 ne 0) and
be zero or null.
(bhckg507-q1 ne null)).
If HC-Q10aA (previous) is not equal to zero or if ((bhct3547-q2 ne 0) and (bhct3547-q2 ne
not null, then HC-Q10aA (current) should not
null)) then ((bhct3547-q1 ne 0) and (bhct3547be zero or null.
q1 ne null)).
If HC-Q10aA is not null, then the sum of HCif bhct3547 ne null then (bhct3547 + bhckg516)
Q10aA and HC-Q10bA should equal HC-15.
eq bhck3548
If HC-Q10bA (previous) is not equal to zero or if ((bhckg516-q2 ne 0) and (bhckg516-q2 ne
not null, then HC-Q10bA (current) should not null)) then ((bhckg516-q1 ne 0) and (bhckg516be zero or null.
q1 ne null)).
If HC-Q11A (previous) is not equal to zero or
if ((bhckg521-q2 ne 0) and (bhckg521-q2 ne
not null, then HC-Q11A (current) should not be null)) then ((bhckg521-q1 ne 0) and (bhckg521zero or null.
q1 ne null)).
If HC-Q12A (previous) is not equal to zero or
if ((bhckg526-q2 ne 0) and (bhckg526-q2 ne
not null, then HC-Q12A (current) should not be null)) then ((bhckg526-q1 ne 0) and (bhckg526zero or null.
q1 ne null)).
If HC-Q13A (previous) is not equal to zero or
if ((bhckg805-q2 ne 0) and (bhckg805-q2 ne
not null, then HC-Q13A (current) should not be null)) then ((bhckg805-q1 ne 0) and (bhckg805zero or null.
q1 ne null)).
Sum of HC-QM2aA, HC-QM2bA, HC-QM2cA, HC- (bhckf261 + bhckg566 + bhckg571 + bhckg576 +
QM2dA, HC-QM2eA and HC-QM2fA should be bhckg581 + bhckg586) le bhckg805
less than or equal to HC-Q13A.
Sum of HC-QM2aC, HC-QM2bC, HC-QM2cC, HC- (bhckf697 + bhckg568 + bhckg573 + bhckg578 +
QM2dC, HC-QM2eC and HC-QM2fC should be bhckg583 + bhckg588) le bhckg807
less than or equal to HC-Q13C.
Sum of HC-QM2aD, HC-QM2bD, HC-QM2cD, HC- (bhckf262 + bhckg569 + bhckg574 + bhckg579 +
QM2dD, HC-QM2eD and HC-QM2fD should be bhckg584 + bhckg589) le bhckg808
less than or equal to HC-Q13D.
Sum of HC-QM2aE, HC-QM2bE, HC-QM2cE, HCQM2dE, HC-QM2eE and HC-QM2fE should be
less than or equal to HC-Q13E.
If HC-Q14A (previous) is not equal to zero or
not null, then HC-Q14A (current) should not be
zero or null.
If financial data is not equal to null or zero, then
text data should not equal null.
If text data is not equal to null, then financial
data should not equal null or zero.

(bhckf263 + bhckg570 + bhckg575 + bhckg580 +
bhckg585 + bhckg590) le bhckg809
if ((bhckg531-q2 ne 0) and (bhckg531-q2 ne
null)) then ((bhckg531-q1 ne 0) and (bhckg531q1 ne null)).
if bhckg546 ne null and bhckg546 ne 0 then
bhtxg546 ne null
if bhtxg546 ne null then bhckg546 ne null and
bhckg546 ne 0

If financial data is not equal to null or zero, then if bhckg551 ne null and bhckg551 ne 0 then
text data should not equal null.
bhtxg551 ne null

FR Y-9C: EDIT-73 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Quality

Edit
Number
0358

Edit Test

Alg Edit Test

HC-QM1dTX

MDRM
Number
BHTXG551

No Change

HC-Q

If text data is not equal to null, then financial
data should not equal null or zero.

if bhtxg551 ne null then bhckg551 ne null and
bhckg551 ne 0

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0359

HC-QM1eA

BHCKG556

Quality

0360

HC-QM1eTX

BHTXG556

If financial data is not equal to null or zero, then
text data should not equal null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckg556 ne null and bhckg556 ne 0 then
bhtxg556 ne null
if bhtxg556 ne null then bhckg556 ne null and
bhckg556 ne 0

FRY9C

20150331

99991231

No Change

HC-Q

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0361

HC-QM1fA

BHCKG561

No Change

HC-Q

Quality

0362

HC-QM1fTX

BHTXG561

If financial data is not equal to null or zero, then
text data should not equal null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckg561 ne null and bhckg561 ne 0 then
bhtxg561 ne null
if bhtxg561 ne null then bhckg561 ne null and
bhckg561 ne 0

FRY9C

20150331

99991231

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0213

HC-QM2aA

BHCKF261

HC-QM2aA should be less than or equal to the
sum of HC-L1a through HC-L1c1 and HC-L1c2
through HC-L1e3.

bhckf261 le (bhck3814 + bhckj455 + bhckj456 +
bhck3816 + bhck6550 + bhck3817 + bhckj457 +
bhckj458 + bhckj459)

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0363

HC-QM2cA

BHCKG571

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0364

HC-QM2cTX

BHTXG571

If financial data is not equal to null or zero, then
text data should not equal null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckg571 ne null and bhckg571 ne 0 then
bhtxg571 ne null
if bhtxg571 ne null then bhckg571 ne null and
bhckg571 ne 0

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0365

HC-QM2dA

BHCKG576

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0366

HC-QM2dTX

BHTXG576

If financial data is not equal to null or zero, then
text data should not equal null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckg576 ne null and bhckg576 ne 0 then
bhtxg576 ne null
if bhtxg576 ne null then bhckg576 ne null and
bhckg576 ne 0

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0367

HC-QM2eA

BHCKG581

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0368

HC-QM2eTX

BHTXG581

If financial data is not equal to null or zero, then
text data should not equal null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckg581 ne null and bhckg581 ne 0 then
bhtxg581 ne null
if bhtxg581 ne null then bhckg581 ne null and
bhckg581 ne 0

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0369

HC-QM2fA

BHCKG586

FRY9C

20150331

99991231

No Change

HC-Q

Quality

0370

HC-QM2fTX

BHTXG586

If financial data is not equal to null or zero, then
text data should not equal null.
If text data is not equal to null, then financial
data should not equal null or zero.

if bhckg586 ne null and bhckg586 ne 0 then
bhtxg586 ne null
if bhtxg586 ne null then bhckg586 ne null and
bhckg586 ne 0

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4010

HC-R(I)1

BHCAP742

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-24 and HC-25
should be greater than or equal to HC-R(I)1.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhck3230 + bhck3240) ge
bhcap742

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4012

HC-R(I)3

BHCAB530

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the absolute value of HCB8D minus HC-B8C is greater than $50K, then
HC-R(I)3 should not equal zero

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if abs(bhct1773 - bhck1772) gt
50, then bhcab530 ne 0

September 2018

FR Y-9C: EDIT-74 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
4014

Edit Test

Alg Edit Test

HC-R(I)3

MDRM
Number
BHCAB530

No Change

HC-R(I)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HI-M13 equals zero, and
the absolute value of HC-B8D minus HC-B8C is
greater than $250k, then HC-B8D minus HCB8C should not equal HC-R(I)3

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcka530 eq 0 and
abs(bhct1773 -bhck1772) gt 250, then
(bhct1773 -bhck1772) ne bhcab530

FRY9C

20180331

99991231

No Change

HC-R(I)

Quality

4016

HC-R(I)3

BHCAB530

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 0 then
bhcab530 le bhckb530

Quality

4018

HC-R(I)3

BHCAB530

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a is equal to zero,
then HC-R(I)3 should be less than or equal to
HC-26b.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a is equal to 1, then
HC-R(I)3 should equal HC-26b

FRY9C

20160930

99991231

No Change

HC-R(I)

FRY9C

20180331

99991231

No Change

HC-R(I)

Intraseries

5117

HC-R(I)3a

BHCAP838

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)3a (previous) is not
null and equal to 0 or 1, then HC-R(I)3a
(current) should equal HC-R(I)3a (previous).

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhcap838-q2 ne null and
bhcap838-q2 eq 0 or bhcap838-q2 eq 1) then
(bhcap838-q1 eq bhcap838-q2)

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)4

BHCAP839

99991231

No Change

HC-R(I)

Quality

4025

HC-R(I)4

BHCAP839

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap839 ge 0 and bhcap839
ne null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap839 le bhck3000

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)6

BHCAP841

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)4 should not be
negative and should not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)4 should be less than
or equal to HC-27B
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)6 should not be
negative and should not be null.

FRY9C

20160930

FRY9C

FRY9C

20180630

99991231

No Change

HC-R(I)

Quality

4020

HC-R(I)6

BHCAP841

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap841 le bhck3163

FRY9C

20180930

99991231

Revised

HC-R(I)

Quality

4030

HC-R(I)7

BHCAP842

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)6 should be less than
or equal to HC-M12b.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)7 should be less than
or equal to HC-M12c. (+1)

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4027

HC-R(I)8

BHCAP843

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, the sum of HC-R(I)8 and HCR(I)15 should be less than or equal to HC-F2.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcaP843 + bhcap855) le
bhck2148

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 1 , then
bhcab530 eq bhckb530

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap841 ge 0 and bhcap841
ne null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap842 le (bhckjf76 + 1)

FR Y-9C: EDIT-75 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
4029

Edit Test

Alg Edit Test

HC-R(I)9a

MDRM
Number
BHCAP844

No Change

HC-R(I)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the absolute value of HCR(I)9a minus (HC-B8D minus HC-B8C) is greater
than $100K, then the sum of HC-F2 and HC-G2
should be greater than zero

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If abs(bhcap844 - (bhct1773 bhck1772)) gt 100, then (bhck2148 +
bhck3049) gt 0

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4031

HC-R(I)9a

BHCAP844

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 1 and if
abs(bhct1773 - bhck1772) gt 50, then
bhcap844 ne 0

Quality

4032

HC-R(I)9a

BHCAP844

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a equals 1 and if the
absolute value of HC-B8D minus HC-B8C is
greater than $50k, then HC-R(I)9a should not
equal zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HI-M13 equals zero and the
absolute value of HC-B8D minus HC-B8C is
greater than $250K, then HC-R(I)9a should not
equal HC-B8D minus HC-B8C

FRY9C

20160930

99991231

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4033

HC-R(I)9b

BHCAP845

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4034

HC-R(I)9b

BHCAP845

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4035

HC-R(I)9b

BHCAP845

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4036

HC-R(I)9e

BHCAP848

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a equals 1 and If HC- capital rule only, if bhcap838 eq 1 and if
2a equals 0, then HC-R(I)9e should equal 0
bhck1754 eq 0, then bhcap848 eq 0

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4038

HC-R(I)9f

BHCAP849

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3 is not equal to 0
and HC-R(I)3a is equal to zero, then HC-R(I)9f
should not be null.

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcka530 eq 0 and
abs(bhct1773 - bhck1772) gt 250, then
bhcap844 ne (bhct1773 - bhck1772)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a equals 1 and if
capital rule only, if bhcap838 eq 1 and if
HC-B7C minus HC-B7D is greater than $100K,
(bhcka510-bhcka511) gt 100 then
then HC-R(I)9b divided by HC-B7C minus HCbhcap845/(bhcka510-bhcka511) ge 0.55
B7D should be greater than or equal to 55
percent
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a equals 1 and If HC- capital rule only, if bhcap838 eq 1 and if
B7C minus HC-B7D is greater than $100K, then (bhcka510-bhcka511) gt 100, then bhcap845 gt
HC-R(I)9b should be greater than 0 and should 0 and bhcap845 ne null
not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a equals 1 and if HC- capital rule only, if bhcap838 eq 1 and if
B7C minus HC-B7D is greater than or equal to (bhcka510-bhcka511) ge 0, then bhcap845 le
0, then HC-R(I)9b should be less than or equal (bhcka510-bhcka511)
to HC-B7C minus HC-B7D

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcab530 ne 0, and
bhcap838 eq 0, then bhcap849 ne null

FR Y-9C: EDIT-76 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
4039

HC-R(I)10b

MDRM
Number
BHCAP850

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

HC-R(I)

Quality

9600

HC-R(I)11

BHCAP851

No Change

HC-R(I)

Quality

9600

HC-R(I)13

BHCAP853

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)13 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap853 ge 0 and bhcap853
ne null

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)14

BHCAP854

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)14 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap854 ge 0 and bhcap854
ne null

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)15

BHCAP855

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)15 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap855 ge 0 and bhcap855
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)17

BHCAP857

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)17 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap857 ge 0 and bhcap857
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4041

HC-R(I)17

BHCAP857

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)23 is greater than HC- capital rule only, if bhcap863 gt bhcap864 then
R(I)24, then HC-R(I)17 should be equal to zero bhcap857 eq 0 and bhcap857 ne null
and should not be null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4042

HC-R(I)17

BHCAP857

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)24 is greater than HCR(I)23, then the sum of HC-R(I)17 and HC-R(I)23
should equal HC-R(I)24

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap864 gt bhcap863 then
(bhcap857 + bhcap863) eq bhcap864

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)20

BHCAP860

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)20 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap860 ge 0 and bhcap860
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4040

HC-R(I)20

BHCAP860

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-23 and HC-19b
should be greater than or equal to HC-R(I)20.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhck3283 + bhckc699) ge
bhcap860

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)10b (current) minus
HC-R(I)10b (previous) should be +/- $100K

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap850-q1 - bhcap850-q2)
le 100 and (bhcap850-q1 - bhcap850-q2) ge 100
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)11 should not be
capital rule only, bhcap851 ge 0 and bhcap851
negative and should not be null.
ne null

FR Y-9C: EDIT-77 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9600

Edit Test

Alg Edit Test

HC-R(I)21

MDRM
Number
BHCAP861

No Change

HC-R(I)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)21 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap861 ge 0 and bhcap861
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)22

BHCAP862

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)22 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap862 ge 0 and bhcap862
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)24

BHCAP864

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)24 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap864 ge 0 and bhcap864
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4043

HC-R(I)24

BHCAP864

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)33 is greater than HC- capital rule only, if bhcap872 gt bhcap870,
R(I)32a, then HC-R(I)24 should be greater than then bhcap864 gt (bhcap872-bhcap870)
HC-R(I)33 minus HC-R(I)32a

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9550

HC-R(I)25

BHCAP865

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)25 should not be
negative or should equal null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap865 ge 0 or bhcap865 eq
null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)27

BHCAP866

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)27 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap866 ge 0 and bhcap866
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)28

BHCAP867

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)28 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap867 ge 0 and bhcap867
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)29

BHCAP868

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)29 should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap868 ge 0 and bhcap868
ne null

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9600

HC-R(I)30a

BHCA5310

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)30a should not be
negative and should not be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhca5310 ge 0 and bhca5310
ne null

September 2018

FR Y-9C: EDIT-78 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
4049

Edit Test

Alg Edit Test

HC-R(I)30a

MDRM
Number
BHCA5310

No Change

HC-R(I)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-4c minus HI-B(II)M1 plus
HC-G3 is greater than 1.25 percent of HCR(II)26, then HC-R(I)30a should equal 1.25
percent of HC-R(II)26 +/- 1k

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck3123 -bhckc435 +
bhckb557) gt (.0125 * bhcks580) then
bhca5310 le (.0125 * bhcks580) + 1 or
bhca5310 ge (.0125 * bhcks580) - 1

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9610

HC-R(I)30b

BHCW5310

For advanced approaches HCs that exit parallel
run only bhcw5310 ne null and bhcw5310 ge 0

Quality

9620

HC-R(I)33

BHCAP872

For advanced approaches HCs that exit parallel
run only, HC-R(I)30b should not be null and
should not be negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)33 should not be null
and should not be negative.

FRY9C

20160930

99991231

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4052

HC-R(I)33

BHCAP872

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap872 le bhcap870

No Change

HC-R(I)

Quality

4054

HC-R(I)33

BHCAP872

99991231

No Change

HC-R(I)

Quality

9550

HC-R(I)34a

BHCA5311

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)33 should be less than
or equal to HC-R(I)32a
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)32b is greater than
zero, then HC-R(I)33 should be less than or
equal to HC-R(I)32b
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)34a should not be
negative and should not be null

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

9550

HC-R(I)34b

BHCW5311

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4045

HC-R(I)37

BHCAP875

For Advanced Approaches HCs that have exited
parallel run, HC-R(I)34b should not be negative
and should not be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)24 does not equal
zero or null, then the sum of HC-R(I)6 through
HC-R(I)8, HC-R(I)10b, HC-R(I)11, and HC-R(I)13
through HC-R(I)17 should be less than or equal
to HC-R(I)37.

For Advanced Approaches HCs that have exited
parallel run, bhcw5311 ge 0 or bhcw5311 ne
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap864 ne 0 and
bhcap864 ne null, then (bhcap841 + bhcap842
+ bhcap843 + bhcap850 + bhcap851 +
bhcap853 + bhcap854 + bhcap855 + bhcap856
+ bhcap857) le bhcap875

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4046

HC-R(I)37

BHCAP875

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)24 does not equal
zero or null, then the sum of HC-R(I)6 through
HC-R(I)8, HC-R(I)10b, HC-R(I)11, and HC-R(I)13
through HC-R(I)17 and HC-R(I)24 should be
greater than or equal to HC-R(I)37.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap864 ne 0 and
bhcap864 ne null, then (bhcap841 + bhcap842
+ bhcap843 + bhcap850 + bhcap851 +
bhcap853 + bhcap854 + bhcap855 + bhcap856
+ bhcap857 + bhcap864) ge bhcap875

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcap872 ne null and
bhcap872 ge 0

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcwp870 gt 0, then
bhcap872 le bhcwp870
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhca5311 ge 0 or bhca5311 ne
null

FR Y-9C: EDIT-79 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
4047

Edit Test

Alg Edit Test

HC-R(I)37

MDRM
Number
BHCAP875

No Change

HC-R(I)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(I)6 through HCR(I)8, HC-R(I)10b, HC-R(I)11, HC-R(I)13 through
HC-R(I)17 and HC-R(I)24 should be greater than
or equal to HC-R(I)37.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcap841 + bhcap842 +
bhcap843 + bhcap850 + bhcap851 + bhcap853
+ bhcap854 + bhcap855 + bhcap856 +
bhcap857 + bhcap864) ge bhcap875

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4050

HC-R(I)30a

BHCA5310

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhca5310 le (.0126 *
bhcks580))

Quality

9620

HC-R(I)40a

BHCAA223

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)30a should be less than
or equal to 1.25 percent of HC-R(II)26 (+ .01
percent).
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)40a should not be null
and should not be negative.

FRY9C

20160930

99991231

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4055

HC-R(I)40a

BHCAA223

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcaa223 eq bhckg641

No Change

HC-R(I)

Quality

9630

HC-R(I)40b

BHCWA223

99991231

No Change

HC-R(I)

Quality

4060

HC-R(I)41A

BHCAP793

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)40a should equal HCR(II)31
For advanced approaches HCs that exit parallel
run only, HC-R(I)40b should not be null and
should not be negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)40a does not equal
zero, then HC-R(I)41A should equal HC-R(I)19
divided by HC-R(I)40a (+/-.1%).

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4070

HC-R(I)41B

BHCWP793

For advanced approaches HCs that exit parallel
run only, if HC-R(I)40b does not equal zero,
then HC-R(I)41B should equal HC-R(I)19 divided
by HC-R(I)40b (+/-.1%).

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4080

HC-R(I)42A

BHCA7206

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)40a does not equal
zero, then HC-R(I)42A should equal HC-R(I)26
divided by HC-R(I)40a (+/-.1%).

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4090

HC-R(I)42B

BHCW7206

For advanced approaches HCs that exit parallel
run only, if HC-R(I)40b does not equal zero,
then HC-R(I)42B should equal HC-R(I)26 divided
by HC-R(I)40b (+/-.1%).

FRY9C

20160930

99991231

No Change

HC-R(I)

Quality

4100

HC-R(I)43A

BHCA7205

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)40a does not equal
zero, then HC-R(I)43A should equal HC-R(I)35a
divided by HC-R(I)40a (+/-.1%).

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcaa223 ne null and
bhcaa223 ge 0

For advanced approaches HCs that exit parallel
run only bhcwa223 ne null and bhcwa223 ge 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhcaa223 ne 0 then
(bhcap793 le ((bhcap859 / bhcaa223) * 100) +
.1) and (bhcap793 ge ((bhcap859 / bhcaa223) *
100) - .1)
For advanced approaches HCs that exit parallel
run only if bhcwa223 ne 0 then (bhcwp793 le
((bhcap859 / bhcwa223) * 100) + .1) and
(bhcwp793 ge ((bhcap859 / bhcwa223) * 100) .1)
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhcaa223 ne 0 then
(bhca7206 le ((bhca8274 / bhcaa223) * 100) +
.1) and (bhca7206 ge ((bhca8274 / bhcaa223) *
100) - .1)
For advanced approaches HCs that exit parallel
run only if bhcwa223 ne 0 then (bhcw7206 le
((bhca8274 / bhcwa223) * 100) + .1) and
(bhcw7206 ge ((bhca8274 / bhcwa223) * 100) .1)
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhcaa223 ne 0 then
(bhca7205 le ((bhca3792 / bhcaa223) * 100) +
.1) and (bhca7205 ge ((bhca3792 / bhcaa223) *
100) - .1)

FR Y-9C: EDIT-80 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
4110

HC-R(I)43B

MDRM
Number
BHCW7205

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

FRY9C

20180331

99991231

FRY9C

20180331

FRY9C

FRY9C

HC-R(I)

Quality

4120

HC-R(I)44

BHCA7204

No Change

HC-R(I)

Quality

4125

HC-R(I)46a

BHCAH311

99991231

No Change

HC-R(I)

Quality

4130

HC-R(I)46a

BHCAH311

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs, covered SLHCs as defined by the final
IHCs and covered SLHCs as defined by the final
capital rule, Non-advanced approaches HCs,
capital rule only, Non-advanced approaches
advanced approaches HCs in preparallel or
HCs, advanced approaches HCs in preparallel or
parallel run only and advanced approaches that
parallel run and advanced approaches that
don't calculate risk-weighted assets per
don't calculate risk-weighted assets per
advanced approaches risk-based capital rule
advanced approaches risk-based capital rule
only, HC-R(I)46a should equal the lesser of HConly, bhcah311 le the lesser of (((bhcap793 R(I)41A minus 4.5%, HC-R(I)42A minus 6% or HC4.5%) or (bhca7206 - 6.%) or (bhca7205 - 8%)) +
R(I)43A minus 8% (+/- .0001%), else if the lesser
.0001) and bhcah311 ge the lesser of
of HC-R(I)41A minus 4.5%, HC-R(I)42A minus
(((bhcap793 - 4.5%) or (bhca7206 - 6%) or
6% or HC-R(I)43A minus 8% is less than zero,
(bhca7205 - 8.%)) - .0001) else if the lesser of
then HC-R(I)46a should equal zero.
(bhcap793 - 4.5%) or (bhca7206 - 6%) or
(bhca7205- 8%) lt 0 then bhcah311 eq 0

20160930

99991231

No Change

HC-R(I)

Quality

4135

HC-R(I)46a

BHCAH311

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(I)46a. Should not be null. capital rule only, BHCAH311 ne null

20180331

99991231

No Change

HC-R(I)

Quality

4137

HC-R(I)47

BHCAH313

For advanced approaches HCs that have exited For advanced approaches HCs that have exited
parallel run only, if HC-R(I)46a is greater than
parallel run only, if bhcah311 gt 1.8750 then
1.8750 then HC-R(I)47 and HC-R(I)48 should be bhcah313 eq null and bhcah314 eq null.
null.

September 2018

Edit Test

Alg Edit Test

For advanced approaches HCs that exit parallel
run only, if HC-R(I)40b does not equal zero,
then HC-R(I)43B should equal HC-R(I)35b
divided by HC-R(I)40b (+/-.1%).

For advanced approaches HCs that exit parallel
run only if bhcwa223 ne 0 then (bhcw7205 le
((bhcw3792 / bhcwa223) * 100) + .1) and
(bhcw7205 ge ((bhcw3792 / bhcwa223) * 100) .1)
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(I)39 does not equal
capital rule only, If bhcaa224 ne 0 then
zero, then HC-R(I)44 should equal HC-R(I)26
(bhca7204 le ((bhca8274 / bhcaa224) * 100) +
divided by HC-R(I)39 (+/-.1%).
.1) and (bhca7204 ge ((bhca8274 / bhcaa224) *
100) - .1)
For Advanced Approaches holding companies For advanced approaches reporting entities
that exit parallel run only, HC-R(I)46a should
that exit parallel run only, bhcah311 le the
equal the lesser of HC-R(I)41A minus 4.5%, HC- lesser of (((bhcap793 - 4.5%) or (bhca7206 R(I)42A minus 6%, HC-R(I)43A minus 8%, HC6%) or (bhca7205 - 8%) or (bhcwp793 - 4.5%) or
R(I)41B minus 4.5%, HC-R(I)42B minus 6%, or
(bhcw7206 - 6%) or (bhcw7205 - 8%)) + .0001)
HC-R(I)43B minus 8% (+/- .0001%), else if the
and bhcah311 ge the lesser of (((bhcap793 lesser of HC-R(I)41A minus 4.5%, HC-R(I)42A
4.5%) or (bhca7206 - 6%) or (bhca7205 - 8%) or
minus 6%, HC-R(I)43A minus 8%, HC-R(I)41B
(bhcwp793 - 4.5%) or (bhcw7206 - 6%) or
minus 4.5%, HC-R(I)42B minus 6%, or HC(bhcw7205 - 8%)) - .0001), else if the lesser of
R(I)43B minus 8% is less than zero, then HC(bhcap793 - 4.5%) or (bhca7206 - 6%) or
R(I)46a should equal zero.
(bhca7205- 8%) or (bhcwp793 - 4.5%) or
(bhcw7206 - 6%) or (bhcw7205 - 8%) is lt 0,
then bhcah311 eq 0

FR Y-9C: EDIT-81 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
4140

Edit Test

HC-R(I)46b

MDRM
Number
BHCAH312

No Change

HC-R(I)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

FRY9C

20160930

99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

6894

HC-R(II)1B

BHCKS396

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck0395 + bhck0397) eq 0
then bhcks396 eq 0

Quality

6896

HC-R(II)1C

BHCKD958

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If the sum of HC-1b1 and HC1b2 is equal to zero, then HC-R(II)1B should
equal zero.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)1C should not exceed
98 percent of HC-R(II)1A.

HC-R(II)

Quality

9550

HC-R(II)1C

BHCKD958

No Change

HC-R(II)

Quality

9550

HC-R(II)1G

BHCKD959

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)1H

BHCKS397

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)1I

BHCKD960

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)1J

BHCKS398

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6895

HC-R(II)2aB

BHCKS399

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II) 1C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)1G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)1H should not be
negative
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)1I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II) 1J should not be
negative
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only,if HC-R(I)3a equals 0, then HCR(II)2aB should equal 0 and should not be null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd958 ge 0 or bhckd958 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd959 ge 0 or bhckd959 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks397 ge 0 or bhcks397 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd960 ge 0 or bhckd960 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks398 ge 0 or bhcks398 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only,if bhcap838 eq 0, then
bhcks399 eq 0 and bhcks399 ne null

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6897

HC-R(II)2aB

BHCKS399

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only,if HC-R(I)3a equals 1, and the
sum of HC-R(II)2aA and HC-R(II)9aA is greater
than 0, and HC-R(I)9e is not equal to 0, then the
sum of HC-R(II)2aB and HC-R(II)9aB should not
equal 0

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 1, and
(bhckd961 + bhcks475) gt 0 and bhcap848 ne 0
then (bhckS399 + bhckS476) ne 0

FRY9C

20180630

99991231

No Change

HC-R(II)

Quality

6898

HC-R(II)2aC

BHCKD962

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aC should be less
than or equal to the sum of HC-B1A, HC-B2A,
HC-B4a1A, HC-B4b1A, HC-B4c1aA and HCB4c2aA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd962 le (bhck0211 +
bhckht50 + bhckg300 + bhckg312 + bhckk142 +
bhckk150)

September 2018

Alg Edit Test

For advanced approaches HCs that have exited For advanced approaches HCs that have exited
parallel run only, HC-R(I)46b should not be null parallel run only, bhcah312 ne null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd958 le (bhckd957* 0.98)

FR Y-9C: EDIT-82 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)2aC

MDRM
Number
BHCKD962

No Change

HC-R(II)

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2aD

BHCKHJ74

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2aE

BHCKHJ75

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2aG

BHCKD963

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2aH

BHCKD964

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2aI

BHCKD965

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2aJ

BHCKS400

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6902

HC-R(II)2bB

BHCKS402

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6947

HC-R(II)2bB

BHCKS402

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aC should not be
capital rule only, bhckd962 ge 0 or bhckd962 eq
negative.
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aD should not be
capital rule only, bhckhj74 ge 0 or bhckhj74 eq
negative.
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aE should not be
capital rule only, bhckhj75 ge 0 or bhckhj75 eq
negative.
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aG should not be
capital rule only, bhckd963 ge 0 or bhckd963 eq
negative.
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aH should not be
capital rule only, bhckd964 ge 0 or bhckd964 eq
negative.
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aI should not be
capital rule only, bhckd965 ge 0 or bhckd965 eq
negative.
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2aJ should not be
capital rule only, bhcks400 ge 0 or bhcks400 eq
negative
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, if HC-B7D is greater than HC- capital rule only, if bhcka511 gt bhcka510, and
B7C, and HC-R(I)3a equals 1, and the sum of HC- bhcap838 eq 1, and (bhckS483 + bhcks484) eq
R(II)9bT and HC-R(II)9bU equals 0, then the sum 0 then (bhcaq257+ bhcks402 + bhcks481) le
of HC-R(I)31 and HC-R(II)2bB and HC-R(II)9bB
(bhct1773-bhck1772) +10 and (bhcaq257+
should equal HC-B8D minus HC-B8C +/- 10k
bhcks402 + bhcks481) ge (bhct1773-bhck1772) 10
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a equals 1, and HCB7d is less than or equal to HC-B7c, and the
sum of HC-R(II)9bT and HC-R(II)9bU equals 0,
then the sum of HC-R(II)2bB and HC-R(II)9bB
should equal HC-B8D minus HC-B8C minus HCB7d plus HC-B7c +/- $40k

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 1, and
bhcka511 le bhcka510, and (bhckS483+
bhcks484) eq 0 then (bhcks402 + bhcks481) le
(bhct1773 - bhck1772 - bhckA511 + bhcka510)
+ 40 and (bhcks402 + bhcks481) ge (bhct1773 bhck1772 - bhckA511 + bhcka510) - 40

FR Y-9C: EDIT-83 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180331
99991231

TargetItem

Quality

Edit
Number
6973

Edit Test

Alg Edit Test

HC-R(II)2bB

MDRM
Number
BHCKS402

No Change

HC-R(II)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)3a equals 1 and the
sum of HC-R(II)2bA and HC-R(II)9bA is greater
than 0, and the sum of HC-R(I)9a and HC-R(I)9b
does not equal 0; then HC-R(II)2bB plus HC-R(II)
9bB should not equal 0.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap838 eq 1 and
(bhckja21 + bhcks480) gt 0, and (bhcap844 +
bhcap845) ne 0, then (bhcks402 + bhckS481)
ne 0

FRY9C

20180630

99991231

No Change

HC-R(II)

Quality

6903

HC-R(II)2bC

BHCKD967

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-B1C, HC-B2C, HCB4a1C, HC-B4b1C, HC-B4c1aC, and HC-B4c2aC
should be greater than or equal to HC-R(II)2bC.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhck1286 + bhckht52 +
bhckg302 + bhckg314 + bhckk144 + bhckk152)
ge bhckd967

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2bC

BHCKD967

HC-R(II)

Quality

9550

HC-R(II)2bD

BHCKHJ76

No Change

HC-R(II)

Quality

9550

HC-R(II)2bE

BHCKHJ77

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2bG

BHCKD968

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2bH

BHCKD969

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2bI

BHCKD970

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2bJ

BHCKS403

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2bK

BHCKH270

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

7805

HC-R(II)2bK

BHCKH270

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bD should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bE should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bJ should not be
negative.
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, HC-R(II)2bK should not be
negative.
For non-advanced approaches HCs, HC-R(II)2bK
should be null.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd967 ge 0 or bhckd967 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj76 ge 0 or bhckhj76 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj77 ge 0 or bhckhj77 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd968 ge 0 or bhckd968 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd969 ge 0 or bhckd969 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd970 ge 0 or bhckd970 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks403 ge 0 or bhcks403 eq
null
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, bhckh270 ge 0 or bhckh270 eq
null
For non-advanced approaches HCs, bhckh270
eq null

FRY9C

20170331

99991231

No Change

FRY9C

20170331

99991231

FRY9C

20160930

FRY9C

September 2018

FR Y-9C: EDIT-84 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)2bL

MDRM
Number
BHCKS405

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

HC-R(II)

Quality

9550

HC-R(II)2bN

BHCKS406

No Change

HC-R(II)

Quality

9550

HC-R(II)2bR

BHCKH271

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)2bS

BHCKH272

20160930

99991231

No Change

HC-R(II)

Quality

6904

HC-R(II)2bR

BHCKH271

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6905

HC-R(II)2bS

BHCKH272

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6974

HC-R(II)3aC

BHCKD972

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)3aG

BHCKD973

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)3aH

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bLshould not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bN should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)2bS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)2bS is greater than
zero then HC-R(II)2bR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)2bR is greater than
zero then HC-R(II)2bS should be greater than
zero
For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, HC-R(II)3aC should equal zero and
should not be null.
For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, HC-R(II)3aG should not be negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks405 ge 0 or bhcks405 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks406 ge 0 or bhcks406 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh271 ge 0 or bhckh271 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh272 ge 0 or bhckh272 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh272 gt 0 then
bhckh271 gt 0

BHCKS410

For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, HC-R(II)3aH should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, bhcks410 ge 0 or bhcks410 eq null

HC-R(II)3aI

BHCKD974

For BHCs, SHCs, IHCs, Non-BHC IHCs and
covered SLHCs as defined by the final capital
rule only, HC-R(II)3aI should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs and
covered SLHCs as defined by the final capital
rule only, bhckd974 ge 0 or bhckd974 eq null

9550

HC-R(II)3aJ

BHCKS411

For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, HC-R(II)3aJ should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, bhcks411 ge 0 or bhcks411 eq null

9550

HC-R(II)3bA

BHCKH171

For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, HC-R(II)3bA should not be negative.

For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, bhckH171 ge 0 or bhckH171 eq null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh271 gt 0 then
bhckh272 gt 0
For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, bhckd972 eq 0 and bhckd972 ne null
For BHCs, SHCs, IHCs, Non-BHC IHCs, and
covered SLHCs as defined by the final capital
rule only, bhckd973 ge 0 or bhckd973 eq null

FR Y-9C: EDIT-85 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)4aA

MDRM
Number
BHCKS413

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4aC

BHCKH173

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4aG

BHCKS415

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4aH

BHCKS416

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4aI

BHCKS417

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4aR

BHCKH273

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4aS

BHCKH274

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6906

HC-R(II)4aR

BHCKH273

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6907

HC-R(II)4aS

BHCKH274

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4bA

BHCKS419

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4bC

BHCKH174

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4bG

BHCKH175

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4aA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4aC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4aG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4aH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4aI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4aR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4aS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4aS is greater than
zero then HC-R(II)4aR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4aR is greater than
zero then HC-R(II)4aS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bG should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks413 ge 0 or bhcks413 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH173 ge 0 or bhckH173
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks415 ge 0 or bhcks415 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks416 ge 0 or bhcks416 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks417 ge 0 or bhcks417 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh273 ge 0 or bhckh273 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh274 ge 0 or bhckh274 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh274 gt 0 then
bhckh273 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh273 gt 0 then
bhckh274 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks419 ge 0 or bhcks419 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH174 ge 0 or bhckH174
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH175 ge 0 or bhckH175
eq null

FR Y-9C: EDIT-86 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)4bH

MDRM
Number
BHCKH176

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4bI

BHCKH177

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4bJ

BHCKS421

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4bR

BHCKH275

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4bS

BHCKH276

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6908

HC-R(II)4bR

BHCKH275

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6909

HC-R(II)4bS

BHCKH276

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cA

BHCKS423

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cC

BHCKS425

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cD

BHCKHJ78

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cE

BHCKHJ79

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cG

BHCKS426

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4bS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4bS is greater than
zero then HC-R(II)4bR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4bR is greater than
zero then HC-R(II)4bS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cD should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cE should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cG should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH176 ge 0 or bhckH176
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH177 ge 0 or bhckH177
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks421 ge 0 or bhcks421 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh275 ge 0 or bhckh275 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh276 ge 0 or bhckh276
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh276 gt 0 then
bhckh275 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh275 gt 0 then
bhckh276 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks423 ge 0 or bhcks423 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks425 ge 0 or bhcks425 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj78 ge 0 or bhckhj78 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj79 ge 0 or bhckhj79 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks426 ge 0 or bhcks426 eq
null

FR Y-9C: EDIT-87 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)4cH

MDRM
Number
BHCKS427

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cI

BHCKS428

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cJ

BHCKS429

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cR

BHCKH277

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4cS

BHCKH278

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6911

HC-R(II)4cR

BHCKH277

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6912

HC-R(II)4cS

BHCKH278

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dC

BHCKS433

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dD

BHCKHJ80

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dE

BHCKHJ81

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dG

BHCKS434

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dH

BHCKS435

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4cS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4cS is greater than
zero then HC-R(II)4cR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4cR is greater than
zero then HC-R(II)4cS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dD should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dE should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dH should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks427 ge 0 or bhcks427 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks428 ge 0 or bhcks428 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks429 ge 0 or bhcks429 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh277 ge 0 or bhckh277
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh278 ge 0 or bhckh278 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh278 gt 0 then
bhckh277 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh277 gt 0 then
bhckh278 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks433 ge 0 or bhcks433 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj80 ge 0 or bhckhj80 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj81 ge 0 or bhckhj81 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks434 ge 0 or bhcks434 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks435 ge 0 or bhcks435 eq
null

FR Y-9C: EDIT-88 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)4dI

MDRM
Number
BHCKS436

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dJ

BHCKS437

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dR

BHCKH279

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)4dS

BHCKH280

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6913

HC-R(II)4dR

BHCKH279

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6914

HC-R(II)4dS

BHCKH280

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5aA

BHCKS439

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5aC

BHCKH178

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5aG

BHCKS441

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5aH

BHCKS442

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5aI

BHCKS443

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5aR

BHCKH281

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)4dS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4dS is greater than
zero then HC-R(II)4dR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)4dR is greater than
zero then HC-R(II)4dS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5aA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5aC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5aG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5aH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5aI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5aR should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks436 ge 0 or bhcks436 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks437 ge 0 or bhcks437 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh279 ge 0 or bhckh279 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh280 ge 0 or bhckh280 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh280 gt 0 then
bhckh279 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh279 gt 0 then
bhckh280 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks439 ge 0 or bhcks439 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH178 ge 0 or bhckH178
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks441 ge 0 or bhcks441 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks442 ge 0 or bhcks442 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks443 ge 0 or bhcks443 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh281 ge 0 or bhckh281 eq
null

FR Y-9C: EDIT-89 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)5aS

MDRM
Number
BHCKH282

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6917

HC-R(II)5aR

BHCKH281

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6918

HC-R(II)5aS

BHCKH282

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bA

BHCKS445

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bC

BHCKH179

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bG

BHCKH180

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bH

BHCKH181

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bI

BHCKH182

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bJ

BHCKS447

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bR

BHCKH283

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5bS

BHCKH284

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6922

HC-R(II)5bR

BHCKH283

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5aS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5aS is greater than
zero then HC-R(II)5aR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5aR is greater than
zero then HC-R(II)5aS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5bS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5bS is greater than
zero then HC-R(II)5bR should be greater than
zero

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh282 ge 0 or bhckh282 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh282 gt 0 then
bhckh281 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh281 gt 0 then
bhckh282 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks445 ge 0 or bhcks445 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH179 ge 0 or bhckH179
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH180 ge 0 or bhckH180
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH181 ge 0 or bhckH181
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckH182 ge 0 or bhckH182
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks447 ge 0 or bhcks447 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh283 ge 0 or bhckh283 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh284 ge 0 or bhckh284 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh284 gt 0 then
bhckh283 gt 0

FR Y-9C: EDIT-90 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
6923

HC-R(II)5bS

MDRM
Number
BHCKH284

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cA

BHCKS449

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cC

BHCKS451

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cD

BHCKHJ82

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cE

BHCKHJ83

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cG

BHCKS452

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cH

BHCKS453

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cI

BHCKS454

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cJ

BHCKS455

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cR

BHCKH285

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5cS

BHCKH286

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6924

HC-R(II)5cR

BHCKH285

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5bR is greater than
zero then HC-R(II)5bS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cD should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cE should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5cS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5cS is greater than
zero then HC-R(II)5cR should be greater than
zero

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh283 gt 0 then
bhckh284 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks449 ge 0 or bhcks449 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks451 ge 0 or bhcks451 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj82 ge 0 or bhckhj82 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj83 ge 0 or bhckhj83 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks452 ge 0 or bhcks452 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks453 ge 0 or bhcks453 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks454 ge 0 or bhcks454 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks455 ge 0 or bhcks455 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh285 ge 0 or bhckh285 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh286 ge 0 or bhckh286 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh286 gt 0 then
bhckh285 gt 0

FR Y-9C: EDIT-91 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
6926

HC-R(II)5cS

MDRM
Number
BHCKH286

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6910

HC-R(II)5dB

BHCKS458

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6915

HC-R(II)5dC

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

FRY9C

20170331

99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

20160930

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5cR is greater than
zero then HC-R(II)5cS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)2aB, HCR(II)4aB through 4dB and HC-R(II)5aB through
5dB should be less than or equal to $100k.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh285 gt 0 then
bhckh286 gt 0

BHCKS459

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-C3A, HC-C4aA
and HC-C4bA does not equal zero, then the
sum of HC-R(II)5aC through HC-R(II)5dC divided
by the sum of HC-C3A, HC-C4aA and HC-C4bA
should not exceed the tolerance of 60%.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck1590 + bhck1763 +
bhck1764) ne 0 then (((bhckh178 + bhckh179 +
bhcks451 + bhcks459) / (bhck1590 + bhck1763
+ bhck1764)) * 100) le 60

HC-R(II)5dC

BHCKS459

9550

HC-R(II)5dD

BHCKHJ84

Quality

9550

HC-R(II)5dE

BHCKHJ85

HC-R(II)

Quality

9550

HC-R(II)5dG

BHCKS460

No Change

HC-R(II)

Quality

6916

HC-R(II)5dH

BHCKS461

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dD should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dE should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)4aH through
4dH and HC-R(II)5aH through 5dH should be
less than or equal to the sum of HC-C1c2aB, HCC1dB, and 50% of (HC-C1a1B, HC-C1a2B, HCC1c1B).

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks459 ge 0 or bhcks459 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj84 ge 0 or bhckhj84 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj85 ge 0 or bhckhj85 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks460 ge 0 or bhcks460 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks416 + bhckh176 +
bhcks427 + bhcks435 + bhcks442 + bhckh181 +
bhcks453 + bhcks461) le ((bhdm5367 +
bhdm1460) + (0.50 * (bhckf158 + bhckf159 +
bhdm1797)))

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5dH

BHCKS461

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5dI

BHCKS462

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dI should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks461 ge 0 or bhcks461 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks462 ge 0 or bhcks462 eq
null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks399 + bhcks414 +
bhcks420 + bhcks424 + bhcks432 + bhcks440 +
bhcks446 + bhcks450 + bhcks458) le 100

FR Y-9C: EDIT-92 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)5dJ

MDRM
Number
BHCKS463

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5dR

BHCKH287

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)5dS

BHCKH288

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6927

HC-R(II)5dR

BHCKH287

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6928

HC-R(II)5dS

BHCKH288

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7A

BHCKD976

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7C

BHCKD977

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7D

BHCKHJ86

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7E

BHCKHJ87

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7G

BHCKD978

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7H

BHCKD979

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7I

BHCKD980

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)5dS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5dS is greater than
zero then HC-R(II)5dR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)5dR is greater than
zero then HC-R(II)5dS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7D should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7E should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7I should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks463 ge 0 or bhcks463 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh287 ge 0 or bhckh287 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh288 ge 0 or bhckh288 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh288 gt 0 then
bhckh287 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh287 gt 0 then
bhckh288 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd976 ge 0 or bhckd976 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd977 ge 0 or bhckd977 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj86 ge 0 or bhckhj86 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj87 ge 0 or bhckhj87 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd978 ge 0 or bhckd978 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd979 ge 0 or bhckd979 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd980 ge 0 or bhckd980 eq
null

FR Y-9C: EDIT-93 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)7J

MDRM
Number
BHCKS467

No Change

HC-R(II)

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7K

BHCKH289

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

7815

HC-R(II)7K

BHCKH289

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7L

BHCKH186

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7M

BHCKH290

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7N

BHCKH187

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7R

BHCKH291

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)7S

BHCKH292

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6929

HC-R(II)7R

BHCKH291

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6931

HC-R(II)7S

BHCKH292

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6919

HC-R(II)8B

BHCKS469

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8C

BHCKD982

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7J should not be
negative.
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, HC-R(II)7K should not be
negative.
For non-advanced approaches HCs, HC-R(II)7K
should be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7L should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7M should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7N should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7R should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)7S should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)7S is greater than
zero then HC-R(II)7R should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(II)7R is greater than
zero then HC-R(II)7S should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-8 is greater than zero
and HC-19b is greater than zero, then HCR(II)8B should not equal zero.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks467 ge 0 or bhcks467 eq
null
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, bhckh289 ge 0 or bhckh289 eq
null
For non-advanced approachesHCs, bhckh289
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh186 ge 0 or bhckh186 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh290 ge 0 or bhckh290 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh187 ge 0 or bhckh187 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh291 ge 0 or bhckh291 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh292 ge 0 or bhckh292 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, f bhckh292 gt 0 then
bhckh291 gt 0

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8C should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd982 ge 0 or bhckd982
eq null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh291 gt 0 then
bhckh292 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck2130 gt 0 and
bhckc699 gt 0) then bhcks469 ne 0

FR Y-9C: EDIT-94 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20170331
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)8D

MDRM
Number
BHCKHJ88

No Change

HC-R(II)

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8E

BHCKHJ89

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8G

BHCKD983

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8H

BHCKD984

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8I

BHCKD985

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8J

BHCKH185

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8K

BHCKH293

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

7817

HC-R(II)8K

BHCKH293

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8L

BHCKH188

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8M

BHCKS470

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8N

BHCKS471

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8R

BHCKH294

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8S

BHCKH295

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8D should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8E should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8J should not be
negative.
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, HC-R(II)8K should not be
negative.
For non-advanced approaches HCs, HC-R(II)8K
should be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8L should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8M should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8N should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8R should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8S should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj88 ge 0 or bhckhj88 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj89 ge 0 or bhckhj89 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd983 ge 0 or bhckd983 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd984 ge 0 or bhckd984 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd985 ge 0 or bhckd985 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh185 ge 0 or bhckh185 eq
null
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, bhckh293 ge 0 or bhckh293eq
null
For non-advanced approaches HCs, bhckh293
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh188 ge 0 or bhckh188 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks470 ge 0 or bhcks470 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks471 ge 0 or bhcks471 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh294 ge 0 or bhckh294 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh295 ge 0 or bhckh295
eq null

FR Y-9C: EDIT-95 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
6932

HC-R(II)8R

MDRM
Number
BHCKH294

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6933

HC-R(II)8S

BHCKH295

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8aR

BHCKH296

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8aS

BHCKH297

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6934

HC-R(II)8aR

BHCKH296

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6935

HC-R(II)8aS

BHCKH297

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8bR

BHCKH298

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)8bS

BHCKH299

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6936

HC-R(II)8bR

BHCKH298

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6937

HC-R(II)8bS

BHCKH299

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9aA

BHCKS475

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)8S is greater than
zero then HC-R(II)8R should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)8R is greater than
zero then HC-R(II)8S should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8aR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8aS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)8aS is greater than
zero then HC-R(II)8aR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)8aR is greater than
zero then HC-R(II)8aS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8bR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)8bS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)8bS is greater than
zero then HC-R(II)8bR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)8bR is greater than
zero then HC-R(II)8bS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9aA should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh295 gt 0 then
bhckh294 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh294 gt 0 then
bhckh295 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh296 ge 0 or bhckh296 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh297 ge 0 or bhckh297 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh297 gt 0 then
bhckh296 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh296 gt 0 then
bhckh297 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh298 ge 0 or bhckh298 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh299 ge 0 or bhckh299 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh299 gt 0 then
bhckh298 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh298 gt 0 then
bhckh299 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks475 ge 0 or bhcks475 eq
null

FR Y-9C: EDIT-96 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
7015

Edit Test

Alg Edit Test

HC-R(II)9aB

MDRM
Number
BHCKS476

No Change

HC-R(II)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-R(II)9aT and
HC-R(II)9aU is greater than 0, then HC-R(II)9aB
should not equal zero and should not be null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhcks478 + bhcks479) gt 0,
then bhcks476 ne 0 and bhcks476 ne null

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7020

HC-R(II)9aB

BHCKS476

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(II)9aQ is equal to zero,
then HC-R(II)9aB should equal HC-R(II)9aA

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcks477 eq 0, then
bhcks476 eq bhcks475

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9aQ

BHCKS477

HC-R(II)

Quality

9550

HC-R(II)9aT

BHCKS478

No Change

HC-R(II)

Quality

9550

HC-R(II)9aU

BHCKS479

99991231

No Change

HC-R(II)

Quality

7025

HC-R(II)9aU

BHCKS479

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9aQ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9aT should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9aU should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-5 (previous)
and HC-15 (previous) is greater than or equal
to $1 billion or greater than or equal to 10
percent of HC-12 (previous), then the sum of
column U for items HC-R(II)9 and HC-R(II)10
should equal 0

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks477 ge 0 or bhcks477 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks478 ge 0 or bhcks478 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks479 ge 0 or bhcks479 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck3545-q2 + bhck3548q2) ge 1000000 or (bhck3545-q2 + bhck3548q2) ge ( 0.1 * bhck2170-q2), then (bhcks479 +
bhcks484 + bhcks489 + bhcks494 + bhcks499)
eq 0

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9bA

BHCKS480

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7027

HC-R(II)9bB

BHCKS481

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks480 ge 0 or bhcks480 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhcks483 + bhcks484) gt 0,
then bhcks481 ne 0

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7029

HC-R(II)9bB

BHCKS481

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9bA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-R(II)9bT and
HC-R(II)9bU is greater than 0, then HC-R(II)9bB
should not equal zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(II)9bQ is equal to zero,
then HC-R(II)9bA should equal HC-R(II)9bB

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9bQ

BHCKS482

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9bQ should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks482 ge 0 or bhcks482 eq
null

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcks482 eq 0, then
bhcks480 eq bhcks481

FR Y-9C: EDIT-97 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)9bT

MDRM
Number
BHCKS483

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9bU

BHCKS484

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9cA

BHCKS485

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7038

HC-R(II)9cB

BHCKS486

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7039

HC-R(II)9cB

BHCKS486

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9cQ

BHCKS487

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9cT

BHCKS488

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9cU

BHCKS489

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9dA

BHCKS490

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7042

HC-R(II)9dB

BHCKS491

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7045

HC-R(II)9dB

BHCKS491

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9bT should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9bU should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9cA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-R(II)9cT and
HC-R(II)9cU is greater than 0, then HC-R(II)9cB
should not equal 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(II)9cQ is equal to zero,
then HC-R(II)9cA should equal HC-R(II)9cB

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks483 ge 0 or bhcks483 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks484 ge 0 or bhcks484 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks485 ge 0 or bhcks485 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhcks488 + bhcks489) gt 0,
then bhcks486 ne 0

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9cQ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9cT should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9cU should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9dA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-R(II)9dT and
HC-R(II)9dU is greater than 0, then HC-R(II)9dB
should not be zero

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks487 ge 0 or bhcks487 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks488 ge 0 or bhcks488 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks489 ge 0 or bhcks489 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks490 ge 0 or bhcks490 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhcks493 + bhcks494) gt 0,
then bhcks491 ne 0

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(II)9dQ is equal to zero,
then HC-R(II)9dA should be equal to HCR(II)9dB

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcks492 eq 0, then
bhcks490 eq bhcks491

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcks487 eq 0, then
bhcks485 eq bhcks486

FR Y-9C: EDIT-98 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)9dQ

MDRM
Number
BHCKS492

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9dT

BHCKS493

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)9dU

BHCKS494

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)10A

BHCKS495

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7047

HC-R(II)10B

BHCKS496

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7049

HC-R(II)10B

BHCKS496

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)10Q

BHCKS497

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)10T

BHCKS498

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)10U

BHCKS499

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11A

BHCT2170

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11C

BHCKD987

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11D

BHCKHJ90

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9dQ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9dT should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)9dU should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)10A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-R(II)10T and
HC-R(II)10U is greater than 0, then HC-R(II)10B
should not equal 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(II)10Q is equal to zero,
then HC-R(II)10A should equal HC-R(II)10B

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks492 ge 0 or bhcks492 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks493 ge 0 or bhcks493 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks494 ge 0 or bhcks494 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks495 ge 0 or bhcks495 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhcks498 + bhcks499) gt 0,
then bhcks496 ne 0

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)10Q should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)10T should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)10U should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11D should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks497 ge 0 or bhcks497 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks498 ge 0 or bhcks498 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks499 ge 0 or bhcks499 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhct2170 ge 0 or bhct2170 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd987 ge 0 or bhckd987 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj90 ge 0 or bhckhj90 eq
null

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if bhcks497 eq 0, then
bhcks495 eq bhcks496

FR Y-9C: EDIT-99 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180331
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)11E

MDRM
Number
BHCKHJ91

No Change

HC-R(II)

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11G

BHCKD988

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11H

BHCKD989

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11I

BHCKD990

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11J

BHCKS503

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11K

BHCKS504

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

7823

HC-R(II)11K

BHCKS504

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11L

BHCKS505

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11M

BHCKS506

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11N

BHCKS507

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11Q

BHCKS510

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)11R

BHCKH300

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)12A

BHCKD991

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11E should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11J should not be
negative.
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, HC-R(II)11K should not be
negative.
For non-advanced approaches HCs, HC-R(II)11K
should be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11L should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11M should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11N should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11Q should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)11R should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12A should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj91 ge 0 or bhckhj91 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd988 ge 0 or bhckd988 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd989 ge 0 or bhckd989 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd990 ge 0 or bhckd990 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks503 ge 0 or bhcks503 eq
null
For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, bhcks504 ge 0 or bhcks504 eq
null
For non-advanced approaches HCs, bhcks504
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks505 ge 0 or bhcks505 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks506 ge 0 or bhcks506 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks507 ge 0 or bhcks507 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks510 ge 0 or bhcks510 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh300 ge 0 or bhckh300 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd991 ge 0 or bhckd991
eq null

FR Y-9C: EDIT-100 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)12C

MDRM
Number
BHCKD993

No Change

HC-R(II)

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)12D

BHCKHJ92

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)12E

BHCKHJ93

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)12G

BHCKD994

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)12H

BHCKD995

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)12I

BHCKD996

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)12J

BHCKS511

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)13A

BHCKD997

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7050

HC-R(II)13A

BHCKD997

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)13G

BHCKG603

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)13H

BHCKG604

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)13I

BHCKG605

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)13J

BHCKS512

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12D should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12E should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)12J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)13A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)13A should be less
than or equal to HC-L3
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)13G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)13H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)13I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)13J should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd993 ge 0 or bhckd993
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj92 ge 0 or bhckhj92 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj93 ge 0 or bhckhj93 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd994 ge 0 or bhckd994 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd995 ge 0 or bhckd995 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd996 ge 0 or bhckd996 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks511 ge 0 or bhcks511 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckd997 ge 0 or bhckd997 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckD997 le bhck6570
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg603 ge 0 or bhckg603 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg604 ge 0 or bhckg604 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg605 ge 0 or bhckg605 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks512 ge 0 or bhcks512 eq
null

FR Y-9C: EDIT-101 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)14A

MDRM
Number
BHCKG606

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7053

HC-R(II)14A

BHCKG606

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)14C

BHCKG608

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)14D

BHCKHJ94

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)14E

BHCKHJ95

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)14H

BHCKG610

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)14I

BHCKG611

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)14J

BHCKS513

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)15A

BHCKG612

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)15C

BHCKG614

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)15G

BHCKG615

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)15H

BHCKG616

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)15I

BHCKG617

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14A should be less or
equal to HC-L4
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14D should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14E should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)14J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)15A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)15C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)15G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)15H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)15I should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg606 ge 0 or bhckg606 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg606 le bhck3411
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg608 ge 0 or bhckg608 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj94 ge 0 or bhckhj94 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj95 ge 0 or bhckhj95 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg610 ge 0 or bhckg610 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg611 ge 0 or bhckg611 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks513 ge 0 or bhcks513 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg612 ge 0 or bhckg612 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg614 ge 0 or bhckg614 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg615 ge 0 or bhckg615 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg616 ge 0 or bhckg616 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg617 ge 0 or bhckg617
eq null

FR Y-9C: EDIT-102 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)15J

MDRM
Number
BHCKS514

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16A

BHCKS515

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16C

BHCKS517

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16D

BHCKS518

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16E

BHCKS519

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16G

BHCKS520

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16H

BHCKS521

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16I

BHCKS522

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16J

BHCKS523

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16R

BHCKH301

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)16S

BHCKH302

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6938

HC-R(II)16R

BHCKH301

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)15J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16D should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16E should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16R should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)16S should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)16S is greater than
zero then HC-R(II)16R should be greater than
zero

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks514 ge 0 or bhcks514 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks515 ge 0 or bhcks515 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks517 ge 0 or bhcks517 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks518 ge 0 or bhcks518 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks519 ge 0 or bhcks519 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks520 ge 0 or bhcks520 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks521 ge 0 or bhcks521 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks522 ge 0 or bhcks522 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks523 ge 0 or bhcks523 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh301 ge 0 or bhckh301 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh302 ge 0 or bhckh302
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh302 gt 0 then
bhckh301 gt 0

FR Y-9C: EDIT-103 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
6939

HC-R(II)16S

MDRM
Number
BHCKH302

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)17A

BHCKG618

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)17C

BHCKG620

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)17G

BHCKG621

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)17H

BHCKG622

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)17I

BHCKG623

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)17J

BHCKS524

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aA

BHCKS525

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aB

BHCKS526

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aC

BHCKS527

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aD

BHCKHJ96

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aE

BHCKHJ97

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)16R is greater than
zero then HC-R(II)16S should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)17A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)17C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)17G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)17H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)17I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)17J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aD should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aE should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh301 gt 0 then
bhckh302 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg618 ge 0 or bhckg618 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg620 ge 0 or bhckg620 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg621 ge 0 or bhckg621 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg622 ge 0 or bhckg622 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg623 ge 0 or bhckg623 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks524 ge 0 or bhcks524 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks525 ge 0 or bhcks525 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks526 ge 0 or bhcks526 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks527 ge 0 or bhcks527 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj96 ge 0 or bhckhj96 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj97 ge 0 or bhckhj97 eq
null

FR Y-9C: EDIT-104 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)18aG

MDRM
Number
BHCKS528

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aH

BHCKS529

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aI

BHCKS530

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aJ

BHCKS531

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aR

BHCKH303

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18aS

BHCKH304

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6940

HC-R(II)18aR

BHCKH303

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

6941

HC-R(II)18aS

BHCKH304

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bA

BHCKG624

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bC

BHCKG626

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bD

BHCKHJ98

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bE

BHCKHJ99

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18aS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)18aS is greater than
zero then HC-R(II)18aR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)18aR is greater than
zero then HC-R(II)18aS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bD should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bE should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks528 ge 0 or bhcks528 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks529 ge 0 or bhcks529 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks530 ge 0 or bhcks530 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks531 ge 0 or bhcks531 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh303 ge 0 or bhckh303 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh304 ge 0 or bhckh304 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh304 gt 0 then
bhckh303 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh303 gt 0 then
bhckh304 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg624 ge 0 or bhckg624 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg626 ge 0 or bhckg626 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj98 ge 0 or bhckhj98 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhj99 ge 0 or bhckhj99 eq
null

FR Y-9C: EDIT-105 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)18bG

MDRM
Number
BHCKG627

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bH

BHCKG628

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bI

BHCKG629

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bJ

BHCKS539

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bR

BHCKH307

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)18bS

BHCKH308

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6942

HC-R(II)18bR

BHCKH307

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6944

HC-R(II)18bS

BHCKH308

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)19A

BHCKS540

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20C

BHCKS543

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20D

BHCKHK00

FRY9C

20170331

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20E

BHCKHK01

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bG should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bH should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bI should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bJ should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bR should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)18bS should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)18bS is greater than
zero then HC-R(II)18bR should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)18bR is greater than
zero then HC-R(II)18bS should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)19A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20D should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20E should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg627 ge 0 or bhckg627 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg628 ge 0 or bhckg628 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg629 ge 0 or bhckg629 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks539 ge 0 or bhcks539 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh307 ge 0 or bhckh307 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh308 ge 0 or bhckh308 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh308 gt 0 then
bhckh307 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh307 gt 0 then
bhckh308 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks540 ge 0 or bhcks540 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks543 ge 0 or bhcks543 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhk00 ge 0 or bhckhk00 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckhk01 ge 0 or bhckhk01 eq
null

FR Y-9C: EDIT-106 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)20F

MDRM
Number
BHCKS544

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20G

BHCKS545

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20H

BHCKS546

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20I

BHCKS547

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20J

BHCKS548

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20R

BHCKH309

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)20S

BHCKH310

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6948

HC-R(II)20R

BHCKH309

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

6952

HC-R(II)20S

BHCKH310

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)21C

BHCKS550

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)21D

BHCKS551

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)21E

BHCKS552

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20F should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20R should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)20S should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)20S is greater than
zero then HC-R(II)20R should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If HC-R(II)20R is greater than
zero then HC-R(II)20S should be greater than
zero
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)21C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)21D should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)21E should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks544 ge 0 or bhcks544 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks545 ge 0 or bhcks545 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks546 ge 0 or bhcks546 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks547 ge 0 or bhcks547 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks548 ge 0 or bhcks548 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh309 ge 0 or bhckh309 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh310 ge 0 or bhckh310 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh310 gt 0 then
bhckh309 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If bhckh309 gt 0 then
bhckh310 gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks550 ge 0 or bhcks550 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks551 ge 0 or bhcks551 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks552 ge 0 or bhcks552 eq
null

FR Y-9C: EDIT-107 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)21G

MDRM
Number
BHCKS554

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)21H

BHCKS555

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)21I

BHCKS556

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)21J

BHCKS557

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22A

BHCKH191

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22C

BHCKH193

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22G

BHCKH194

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22H

BHCKH195

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22I

BHCKH196

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22J

BHCKH197

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22O

BHCKH198

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22P

BHCKH199

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)22Q

BHCKH200

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)21G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)21H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)21I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)21J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22A should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22C should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22G should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22H should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22I should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22J should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22O should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22P should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)22Q should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks554 ge 0 or bhcks554 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks555 ge 0 or bhcks555 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks556 ge 0 or bhcks556 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks557 ge 0 or bhcks557 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh191 ge 0 or bhckh191 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh193 ge 0 or bhckh193 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh194 ge 0 or bhckh194 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh195 ge 0 or bhckh195 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh196 ge 0 or bhckh196
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh197 ge 0 or bhckh197 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh198 ge 0 or bhckh198
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh199 ge 0 or bhckh199 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckh200 ge 0 or bhckh200 eq
null

FR Y-9C: EDIT-108 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180331
99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20180630

99991231

FRY9C

20160930

FRY9C

20160930

September 2018

TargetItem

Quality

Edit
Number
7847

HC-R(II)23K

MDRM
Number
BHCKS562

HC-R(II)

Quality

7057

HC-R(II)26

BHCKS580

No Change

HC-R(II)

Quality

7059

HC-R(II)26

BHCKS580

99991231

No Change

HC-R(II)

Quality

7058

HC-R(II)26

BHCKS580

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)27

BHCKS581

Edit Test

Alg Edit Test

For non-advanced approaches HCs, HC-R(II)23K
should be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if the sum of HC-R(II)27, HCR(I)10b, HC-R(I)11, HC-R(I)13 through HCR(I)17, HC-R(I)24 and HC-R(I)33 equal 0, then
HC-R(II)26 should equal HC-R(II)28

For non-advanced approaches HCs, bhcks562
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If (BHCKS581 + BHCAP850 +
BHCAP851 + BHCAP853 + BHCAP854 +
BHCAP855 + BHCAP856 + BHCAP857 +
BHCAP864 + BHCAP872) eq 0 then BHCKS580
eq BHCKB704
For
BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-R(I)10b is not equal to
zero then HC-R(II)26 should be greater than or
equal to the sum of [HC-R(II)2b through HCR(II)20 only column S; HC-R(II)9a through 10,
columns T and U; HC-R(II)25, columns C
through Q; and HC-R(I)11, HC-R(I)13 through
HC-R(I)16, HC-R(I)24, and HC-R(I)33] and HCR(II)26 should be less than or equal to the sum
of [HC-R(II)2b through HC-R(II)20 only column
S; HC-R(II)9a through 10, columns T and U; HCR(II)25, columns C through Q; HC-R(I)11, HCR(I)13 through HC-R(I)16, HC-R(I)24, HC-R(I)33
and HC-R(I)10b].

IHCs and covered SLHCs as defined by the final
capital rule only, if bhcap850 ne 0 then
bhckS580 ge (BHCKH272 + BHCKH274 +
BHCKH276 + BHCKH278 + BHCKH280 +
BHCKH282 + BHCKH284 + BHCKH286 +
BHCKH288 + BHCKH292 + BHCKH295 +
BHCKH297 + BHCKH299 + BHCKH302 +
BHCKH304 + BHCKH308 + BHCKH310 +
BHCKS478 + BHCKS479 + BHCKS483 +
BHCKS484 + BHCKS488 + BHCKS489 +
BHCKS493 + BHCKS494 + BHCKS498 +
BHCKS499 + BHCKG634 + BHCKS569 +
BHCKS570 + BHCKS571 + BHCKG635 +
BHCKG636 + BHCKG637 + BHCKS572 +
BHCKS574 + BHCKS575 + BHCKS576 +
BHCKS577 + BHCKS578 + BHCKS579
+BHCAP851 + BHCAP853 + BHCAP854 +
BHCAP855 + BHCAP856 + BHCAP864 +
BHCAP872) and bhcks580 le (BHCKH272 +
BHCKH274 + BHCKH276 + BHCKH278 +
BHCKH280 + BHCKH282 + BHCKH284 +
BHCKH286 + BHCKH288 + BHCKH292 +
BHCKH295 + BHCKH297 + BHCKH299 +
BHCKH302 + BHCKH304 + BHCKH308 +
BHCKH310 + BHCKS478 + BHCKS479 +
BHCKS483 + BHCKS484 + BHCKS488 +
BHCKS489 + BHCKS493 + BHCKS494 +
BHCKS498 + BHCKS499 + BHCKG634 +
BHCKS569 + BHCKS570 + BHCKS571 +
BHCKG635 + BHCKG636 + BHCKG637 +
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)26 should be greater capital rule only, bhcks580 gt 0.
than zero.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)27 should not be
capital rule only, bhckS581 ge 0 or bhcks581 eq
negative.
null

FR Y-9C: EDIT-109 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
7035

Edit Test

Alg Edit Test

HC-R(II)29

MDRM
Number
BHCKA222

No Change

HC-R(II)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-4c and HC-G3
minus HI-B(II)Mem1 should equal the sum of
HC-R(I)30a and HC-R(II)29

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhck3123 + bhckb557 bhckc435) eq (bhca5310 + bhcka222)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)29

BHCKA222

Quality

7062

HC-R(II)29

BHCKA222

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcka222 ge 0 or bhcka222 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck3123-bhckc435+
bhckb557) lt (bhcks580*.0125), then bhcka222
eq 0 and bhcka222 ne null

HC-R(II)

Quality

7040

HC-R(II)30

BHCK3128

No Change

HC-R(II)

Quality

9550

HC-R(II)30

BHCK3128

99991231

No Change

HC-R(II)

Quality

8200

HC-R(II)25D

BHCKS569

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)29 should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if HC-4c minus HI-B(II)M.1
plus HC-G3 is less than 1.25% of HC-R(II)26 then
HC-R(II)29 should equal zero and should not be
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HI-B(II)M1 should be less than
or equal to HC-R(II)30.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)30 should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25D should equal HCR(II)23D multiplied by 2%. (+/-2)

FRY9C

20160930

99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7046

HC-R(II)25E

BHCKS570

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25E should equal HCR(II)23E multiplied by 4%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks570 le ((bhcks559 * .04)
+ 2) and bhcks570 ge ((bhcks559 * .04) - 2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

8210

HC-R(II)25F

BHCKS571

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25F should equal HCR(II)23F multiplied by 10%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks571 le ((bhcks560 * .10)
+ 2) and bhcks571 ge ((bhcks560 * .10) - 2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7048

HC-R(II)25G

BHCKG635

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25G should equal HCR(II)23G multiplied by 20%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg635 le ((bhckg631 * .2) +
2) and bhckg635 ge ((bhckg631 * .2) - 2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

8220

HC-R(II)25H

BHCKG636

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25H should equal HCR(II)23H multiplied by 50%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg636 le ((bhckg632 * .5) +
2) and bhckg636 ge ((bhckg632 * .5) - 2)

September 2018

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckc435 le bhck3128
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhck3128 ge 0 or bhck3128 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks569 le ((bhcks558 * .02)
+ 2) and bhcks569 ge ((bhcks558 * .02) - 2)

FR Y-9C: EDIT-110 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
8230

Edit Test

Alg Edit Test

HC-R(II)25J

MDRM
Number
BHCKS572

No Change

HC-R(II)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25J should equal HCR(II)23J multiplied by 150%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks572 le ((bhcks561 * 1.5)
+ 2) and bhcks572 ge ((bhcks561 * 1.5) - 2)

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

8230

HC-R(II)25K

BHCKS573

For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, HC-R(II)25K should equal HCR(II)23K multiplied by 250%. (+/-2)

For advanced approaches HCs and advanced
approaches that don't calculate risk-weighted
assets per advanced approaches risk-based
capital rule only, bhcks573 le ((bhcks562 * 2.5)
+ 2) and bhcks573 ge ((bhcks562 * 2.5) - 2)

FRY9C

20180331

99991231

No Change

HC-R(II)

Quality

7851

HC-R(II)25K

BHCKS573

HC-R(II)

Quality

7051

HC-R(II)25L

BHCKS574

For non-advanced approaches HCs, HC-R(II)25K
should be null.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25L should equal HCR(II)23L multiplied by 300%. (+/-2)

For non-advanced approaches HCs, bhcks573
eq null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks574 le ((bhcks563 * 3) +
2) and bhcks574 ge ((bhcks563 * 3) - 2)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7052

HC-R(II)25M

BHCKS575

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25M should equal HCR(II)23M multiplied by 400%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks575 le ((bhcks564 * 4) +
2) and bhcks575 ge ((bhcks564 * 4) - 2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

8240

HC-R(II)25N

BHCKS576

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25N should equal HCR(II)23N multiplied by 600%. (+/-2)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks576 le ((bhcks565 * 6) +
2) and bhcks576 ge ((bhcks565 * 6) - 2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7054

HC-R(II)25O

BHCKS577

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25O should equal HCR(II)23O multiplied by 625%. (+/-2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

8250

HC-R(II)25P

BHCKS578

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25P should equal HCR(II)23P multiplied by 937.5%. (+/-2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7056

HC-R(II)25Q

BHCKS579

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)25Q should equal HCR(II)23Q multiplied by 1250%. (+/-2)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7060

HC-R(II)M1

BHCKG642

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M1 should be less than
or equal to the sum of HC-L14a1 and HC-L14b1
(Columns A through D).

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks577 le ((bhcks566 *
6.25) + 2) and bhcks577 ge ((bhcks566 * 6.25) 2)
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks578 le ((bhcks567 *
9.375) + 2) and bhcks578 ge ((bhcks567 *
9.375) - 2)
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks579 le ((bhcks568 *
12.5) + 2) and bhcks579 ge ((bhcks568 * 12.5) 2)
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg642 le (bhck8733 +
bhck8734 + bhck8735 + bhck8736 + bhck8741 +
bhck8742 + bhck8743 + bhck8744)

September 2018

FR Y-9C: EDIT-111 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2aA BHCKS582

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2aB BHCKS583

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7065

HC-R(II)M3aC BHCKS605

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7067

HC-R(II)M3aC BHCKS605

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2aC BHCKS584

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2bA BHCKS585

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2bB BHCKS586

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2bC BHCKS587

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2cA BHCKS588

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2cB

September 2018

HC-R(II)M1

MDRM
Number
BHCKG642

BHCKS589

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M1 should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2aA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2aB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)M2aA through
HC-R(II)M2aC and HC-R(II)M3aA through HCR(II)M3aC should be less than or equal to the
sum of HC-L11aA, HC-L11bA, HC-L11c2A, HCL11d2A and HC-L11eA.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhckg642 ge 0 or bhckg642 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks582 ge 0 or bhcks582 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks583 ge 0 or bhcks583 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks582 + bhcks583 +
bhcks584 + bhcks603 + bhcks604 + bhcks605)
le (bhck8693 + bhck8697 + bhck8705 +
bhck8713 + bhck3450)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If the sum of HC-L11aA, HCL11bA, HC-L11c2A, HC-L11d2A and HC-L11eA. is
greater than zero then the sum of HCR(II)M2aA through HC-R(II)M2aC and HCR(II)M3aA through HC-R(II)M3aC should be
greater than zero.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2aC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2bA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2bB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2bC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2cA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2cB should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck8693 + bhck8697 +
bhck8705 + bhck8713 + bhck3450) gt 0 then
(bhcks582 + bhcks583 + bhcks584 + bhcks603 +
bhcks604 + bhcks605) gt 0
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks584 ge 0 or bhcks584 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks585 ge 0 or bhcks585 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks586 ge 0 or bhcks586 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks587 ge 0 or bhcks587 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks588 ge 0 or bhcks588 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks589 ge 0 or bhcks589 eq
null

FR Y-9C: EDIT-112 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
7069

HC-R(II)M2cB

MDRM
Number
BHCKS589

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7080

HC-R(II)M2cC

BHCKS590

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2cC

BHCKS590

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7083

HC-R(II)M2dA BHCKS591

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2dA BHCKS591

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2dB BHCKS592

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7084

HC-R(II)M2dB BHCKS592

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2dC BHCKS593

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7085

HC-R(II)M2dC BHCKS593

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2eA BHCKS594

September 2018

Edit Test
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, the sum of HC-R(II)M2cB and
HC-R(II)M3cB should be less than or equal to
HC-L7d2aB + HC-L7d1aB
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, the sum of HC-R(II)M2cC and
HC-R(II)M3cC should be less than or equal to
the sum of HC-L7d2aC and HC-L7d1aC

Alg Edit Test
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks589 + bhcks610) le
(bhckg413 + bhckg407)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks590 + bhckS611) le
(bhckg414 + bhckg408)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2cC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, the sum of HC-R(II)M2dA and
HC-R(II)M3dA should be less than or equal to
HC-L7d2bA + HC-L7d1bA

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks590 ge 0 or bhcks590 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks591 + bhckS612) le
(bhckg415 + bhckg409)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2dA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2dB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, the sum of HC-R(II)M2dB and
HC-R(II)M3dB should be less than or equal to
the sum of HC-L7d2bB and HC-L7d1bB

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks591 ge 0 or bhcks591 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks592 ge 0 or bhcks592 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks592 + bhcks613) le
(bhckg416 + bhckg410)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2dC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, the sum of HC-R(II)M2dC and
HC-R(II)M3dC should be less than or equal to
the sum of HC-L7d2bC and HC-L7d1bC

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks593 ge 0 or bhcks593 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks593 + bhckS614) le
(bhckg417 + bhckg411)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2eA should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks594 ge 0 or bhcks594 eq
null

FR Y-9C: EDIT-113 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

HC-R(II)

Quality

7075

HC-R(II)M3gC BHCKS623

No Change

HC-R(II)

Quality

7077

99991231

No Change

HC-R(II)

Quality

20160930

99991231

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

No Change

September 2018

MDRM
Number
HC-R(II)M2eB BHCKS595

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2eB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)M2bA through
HC-R(II)M2bC, HC-R(II)M2fA through HCR(II)M2gC, HC-R(II)M3bA through HCR(II)M3bC, and HC-R(II)M3fA through HCR(II)M3gC should be less than or equal to the
sum of HC-L11aB, HC-L11bB, HC-L11c2B, HCL11d2B, HC-L11eB, HC-L11aD, HC-L11bD, HCL11c2D, HC-L11d2D and HC-L11eD.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks595 ge 0 or bhcks595 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks585 + bhcks586 +
bhcks587 + bhcks597 + bhcks598 + bhcks599 +
bhcks600 + bhcks601 + bhcks602 + bhcks606 +
bhcks607 + bhcks608 + bhcks618 + bhcks619 +
bhcks620 + bhcks621 + bhcks622 + bhcks623)
le (bhck8694 + bhck8698 + bhck8706
+bhck8714 + bhck3826 + bhck8696 + bhck8700
+ bhck8708 + bhck8716 + bhck8720)

HC-R(II)M3gC BHCKS623

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If the sum of HC-L11aB, HCL11bB, HC-L11c2B, HC-L11d2B, HC-L11eB, HCL11aD, HC-L11bD, HC-L11c2D, HC-L11d2D and
HC-L11eD is greater than zero, then the sum of
HC-R(II)M2bA through HC-R(II)M2bC, HCR(II)M2fA through HC-R(II)M2gC, HC-R(II)M3bA
through HC-R(II)M3bC, and HC-R(II)M3fA
through HC-R(II)M3gC should be greater than
zero.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck8694 + bhck8698 +
bhck8706 + bhck8714 + bhck3826 + bhck8696 +
bhck8700 + bhck8708 + bhck8716 +
bhck8720) gt 0 then (bhcks585 + bhcks586 +
bhcks587 + bhcks597 + bhcks598 + bhcks599 +
bhcks600 + bhcks601 + bhcks602 + bhcks606 +
bhcks607 + bhcks608 + bhcks618 + bhcks619 +
bhcks620 + bhcks621 + bhcks622 + bhcks623)
gt 0

9550

HC-R(II)M2eC BHCKS596

Quality

9550

HC-R(II)M2fA

BHCKS597

HC-R(II)

Quality

9550

HC-R(II)M2fB

BHCKS598

HC-R(II)

Quality

7091

HC-R(II)M3eC BHCKS617

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2eC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2fA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2fB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, If the sum of HC-L11aC, HCL11bC, HC-L11c2C, HC-L11d2C and HC-L11eC is
greater than zero, then sum of HC-R(II)M2eA
through HC-R(II)M2eC and R(II)M3eA through
HC-R(II)M3eC should be greater than zero.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks596 ge 0 or bhcks596 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks597 ge 0 or bhcks597 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks598 ge 0 or bhcks598 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, if (bhck8695 + bhck8699 +
bhck8707 + bhck8715 + bhck8719) gt 0 then
(bhcks594 + bhcks595 + bhcks596 + bhcks615 +
bhcks616 + bhcks617) gt 0

FR Y-9C: EDIT-114 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

MDRM
Number
HC-R(II)M3eC BHCKS617

Edit Test

Alg Edit Test

Quality

Edit
Number
7095

No Change

HC-R(II)

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)M2eA through
HC-R(II)M2eC and R(II)M3eA through HCR(II)M3eC should be less than or equal to the
sum of HC-L11aC, HC-L11bC, HC-L11c2C, HCL11d2C and HC-L11eC.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks594 + bhcks595 +
bhcks596 + bhcks615 + bhcks616 + bhcks617)
le (bhck8695 + bhck8699 + bhck8707 +
bhck8715 + bhck8719)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2fC

No Change

HC-R(II)

Quality

9550

HC-R(II)M2gA BHCKS600

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2gB BHCKS601

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M2gC BHCKS602

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3aA BHCKS603

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3aB BHCKS604

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

7097

HC-R(II)M3dC BHCKS614

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2fC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2gA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2gB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M2gC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3aA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3aB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, Sum of HC-R(II)M2cA through
HC-R(II)M2dC and HC-R(II)M3cA through HCR(II)M3dC should be between 75% and 100% of
the sum of HC-L7c1b, HC-L7c1a, HC-L7c2a and
HC-L7c2c.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks599 ge 0 or bhcks599 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks600 ge 0 or bhcks600 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks601 ge 0 or bhcks601 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks602 ge 0 or bhcks602 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks603 ge 0 or bhcks603 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks604 ge 0 or bhcks604 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, (bhcks588 + bhcks589 +
bhcks590 + bhcks591 + bhcks592 + bhcks593 +
bhcks609 + bhcks610 + bhcks611 + bhcks612 +
bhcks613 + bhcks614) ge ((bhckg402 +
bhckg401 + bhckg403+ bhckg405) * .75) and
(bhcks588 + bhcks589 + bhcks590 + bhcks591 +
bhcks592 + bhcks593 + bhcks609 + bhcks610 +
bhcks611 + bhcks612 + bhcks613 + bhcks614)
le (bhckg402 + bhckg401+ bhckg403+
bhckg405)

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3aC BHCKS605

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3aC should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks605 ge 0 or bhcks605 eq
null

September 2018

BHCKS599

FR Y-9C: EDIT-115 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

FRY9C

20160930

99991231

FRY9C

20160930

FRY9C

HC-R(II)

Quality

9550

HC-R(II)M3bB BHCKS607

No Change

HC-R(II)

Quality

9550

HC-R(II)M3bC BHCKS608

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3cA BHCKS609

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3cB

BHCKS610

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3cC

BHCKS611

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3dA BHCKS612

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3dB BHCKS613

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3dC BHCKS614

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3eA BHCKS615

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3eB BHCKS616

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3eC BHCKS617

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3fA

September 2018

MDRM
Number
HC-R(II)M3bA BHCKS606

BHCKS618

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3bA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3bB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3bC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3cA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3cB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3cC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3dA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3dB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3dC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3eA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3eB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3eC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3fA should not be
negative.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks606 ge 0 or bhcks606 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks607 ge 0 or bhcks607 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks608 ge 0 or bhcks608 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks609 ge 0 or bhcks609 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks610 ge 0 or bhcks610 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks611 ge 0 or bhcks611 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks612 ge 0 or bhcks612 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks613 ge 0 or bhcks613 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks614 ge 0 or bhcks614 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks615 ge 0 or bhcks615 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks616 ge 0 or bhcks616 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks617 ge 0 or bhcks617 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks618 ge 0 or bhcks618 eq
null

FR Y-9C: EDIT-116 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20160930
99991231

TargetItem

Quality

Edit
Number
9550

HC-R(II)M3fB

MDRM
Number
BHCKS619

No Change

HC-R(II)

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3fC

BHCKS620

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3gA BHCKS621

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3gB BHCKS622

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M3gC BHCKS623

FRY9C

20160930

99991231

No Change

HC-R(II)

Quality

9550

HC-R(II)M4

BHCKS624

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7190

HC-S1A

BHCKB705

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7190

HC-S1B

BHCKB706

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7190

HC-S1C

BHCKB707

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7190

HC-S1D

BHCKB708

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7190

HC-S1E

BHCKB709

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7190

HC-S1F

BHCKB710

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7190

HC-S1G

BHCKB711

FRY9C

20180630

99991231

No Change

HC-S

Intraseries

7222

HC-S2A

BHCKHU09

FRY9C

20180630

99991231

No Change

HC-S

Intraseries

7222

HC-S2B

BHCKHU10

September 2018

Edit Test

Alg Edit Test

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3fB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3fC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3gA should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3gB should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M3gC should not be
negative.
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, HC-R(II)M4 should not be
negative.
If HC-S1 (column A) (previous) is greater than
zero, then HC-S1 (column A) (current) should be
greater than zero.
If HC-S1 (column B) (previous) is greater than
zero, then HC-S1 (column B) (current) should be
greater than zero.
If HC-S1 (column C) (previous) is greater than
zero, then HC-S1 (column C) (current) should be
greater than zero.
If HC-S1 (column D) (previous) is greater than
zero, then HC-S1 (column D) (current) should
be greater than zero.
If HC-S1 (column E) (previous) is greater than
zero, then HC-S1 (column E) (current) should be
greater than zero.
If HC-S1 (column F) (previous) is greater than
zero, then HC-S1 (column F) (current) should be
greater than zero.
If HC-S1 (column G) (previous) is greater than
zero, then HC-S1 (column G) (current) should
be greater than zero.
If HC-S2A (previous) is greater than zero, then
HC-S2A (current) should be greater than zero.

For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks619 ge 0 or bhcks619 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks620 ge 0 or bhcks620 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks621 ge 0 or bhcks621 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks622 ge 0 or bhcks622 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks623 ge 0 or bhcks623 eq
null
For BHCs, SHCs, IHCs, Non-Bank IHCs, Non-BHC
IHCs and covered SLHCs as defined by the final
capital rule only, bhcks624 ge 0 or bhcks624 eq
null
if bhckb705-q2 gt 0 then bhckb705-q1 gt 0

If HC-S2B (previous) is greater than zero, then
HC-S2B (current) should be greater than zero.

if bhckhu10-q2 gt 0 then bhckhu10-q1 gt 0

if bhckb706-q2 gt 0 then bhckb706-q1 gt 0

if bhckb707-q2 gt 0 then bhckb707-q1 gt 0

if bhckb708-q2 gt 0 then bhckb708-q1 gt 0

if bhckb709-q2 gt 0 then bhckb709-q1 gt 0

if bhckb710-q2 gt 0 then bhckb710-q1 gt 0

if bhckb711-q2 gt 0 then bhckb711-q1 gt 0

if bhckhu09-q2 gt 0 then bhckhu09-q1 gt 0

FR Y-9C: EDIT-117 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180630
99991231

TargetItem

Intraseries

Edit
Number
7222

Edit Test

Alg Edit Test

HC-S2C

MDRM
Number
BHCKHU11

No Change

HC-S

If HC-S2C (previous) is greater than zero, then
HC-S2C (current) should be greater than zero.

if bhckhu11-q2 gt 0 then bhckhu11-q1 gt 0

FRY9C

20180630

99991231

No Change

HC-S

Intraseries

7222

HC-S2D

BHCKHU12

If HC-S2D (previous) is greater than zero, then
HC-S2D (current) should be greater than zero.

if bhckhu12-q2 gt 0 then bhckhu12-q1 gt 0

FRY9C

20180630

99991231

No Change

HC-S

Intraseries

7222

HC-S2E

BHCKHU13

If HC-S2E (previous) is greater than zero, then
HC-S2E (current) should be greater than zero.

if bhckhu13-q2 gt 0 then bhckhu13-q1 gt 0

FRY9C

20180630

99991231

No Change

HC-S

Intraseries

7222

HC-S2F

BHCKHU14

If HC-S2F (previous) is greater than zero, then
HC-S2F (current) should be greater than zero.

if bhckhu14-q2 gt 0 then bhckhu14-q1 gt 0

FRY9C

20180630

99991231

No Change

HC-S

Intraseries

7222

HC-S2G

BHCKHU15

If HC-S2G (previous) is greater than zero, then
HC-S2G (current) should be greater than zero.

if bhckhu15-q2 gt 0 then bhckhu15-q1 gt 0

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7234

HC-S3A

BHCKB726

20150331

99991231

No Change

HC-S

Quality

7238

HC-S3A

BHCKB726

If HC-S3 (column A) (previous) is greater than if bhckb726-q2 gt 0 then bhckb726-q1 gt 0
zero, then HC-S3 (column A) (current) should be
greater than zero.
HC-S3A should be less than or equal to HC-S1A. bhckb726 le bhckb705

FRY9C
FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7234

HC-S3B

BHCKB727

FRY9C

20150331

99991231

No Change

HC-S

Quality

7240

HC-S3B

BHCKB727

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7234

HC-S3C

BHCKB728

FRY9C

20150331

99991231

No Change

HC-S

Quality

7242

HC-S3C

BHCKB728

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7234

HC-S3D

BHCKB729

FRY9C

20150331

99991231

No Change

HC-S

Quality

7244

HC-S3D

BHCKB729

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7234

HC-S3E

BHCKB730

FRY9C

20150331

99991231

No Change

HC-S

Quality

7246

HC-S3E

BHCKB730

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7234

HC-S3F

BHCKB731

FRY9C

20150331

99991231

No Change

HC-S

Quality

7248

HC-S3F

BHCKB731

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7234

HC-S3G

BHCKB732

FRY9C

20150331

99991231

No Change

HC-S

Quality

7252

HC-S3G

BHCKB732

September 2018

If HC-S3 (column B) (previous) is greater than
if bhckb727-q2 gt 0 then bhckb727-q1 gt 0
zero, then HC-S3 (column B) (current) should be
greater than zero.
HC-S3B should be less than or equal to HC-S1B. bhckb727 le bhckb706
If HC-S3 (column C) (previous) is greater than
if bhckb728-q2 gt 0 then bhckb728-q1 gt 0
zero, then HC-S3 (column C) (current) should be
greater than zero.
HC-S3C should be less than or equal to HC-S1C. bhckb728 le bhckb707
If HC-S3 (column D) (previous) is greater than if bhckb729-q2 gt 0 then bhckb729-q1 gt 0
zero, then HC-S3 (column D) (current) should
be greater than zero.
HC-S3D should be less than or equal to HC-S1D. bhckb729 le bhckb708
If HC-S3 (column E) (previous) is greater than
if bhckb730-q2 gt 0 then bhckb730-q1 gt 0
zero, then HC-S3 (column E) (current) should be
greater than zero.
HC-S3E should be less than or equal to HC-S1E. bhckb730 le bhckb709
If HC-S3 (column F) (previous) is greater than
if bhckb731-q2 gt 0 then bhckb731-q1 gt 0
zero, then HC-S3 (column F) (current) should be
greater than zero.
HC-S3F should be less than or equal to HC-S1F. bhckb731 le bhckb710
If HC-S3 (column G) (previous) is greater than if bhckb732-q2 gt 0 then bhckb732-q1 gt 0
zero, then HC-S3 (column G) (current) should
be greater than zero.
HC-S3G should be less than or equal to HC-S1G. bhckb732 le bhckb711

FR Y-9C: EDIT-118 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
7270

Edit Test

HC-S5aA

MDRM
Number
BHCKB747

No Change

HC-S

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

FRY9C

20150331

99991231

No Change

HC-S

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

FRY9C

7270

HC-S5aB

BHCKB748

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(column B) (current) is greater than or equal to 12) and (bhckb706-q1 ge bhckb706-q2) then
HC-S1 (column B) (previous), then HC-S5a
(bhckb748-q1 ge bhckb748-q2 - 2)
(column B) (current) should be greater than or
equal to HC-S5a (column B) (previous -2).

Intraseries

7270

HC-S5aC

BHCKB749

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(column C) (current) is greater than or equal to 12) and (bhckb707-q1 ge bhckb707-q2) then
HC-S1 (column C) (previous), then HC-S5a
(bhckb749-q1 ge bhckb749-q2 - 2)
(column C) (current) should be greater than or
equal to HC-S5a (column C) (previous -2).

HC-S

Intraseries

7270

HC-S5aD

BHCKB750

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(column D) (current) is greater than or equal to 12) and (bhckb708-q1 ge bhckb708-q2) then
HC-S1 (column D) (previous), then HC-S5a
(bhckb750-q1 ge bhckb750-q2 - 2)
(column D) (current) should be greater than or
equal to HC-S5a (column D) (previous -2).

No Change

HC-S

Intraseries

7270

HC-S5aE

BHCKB751

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(column E) (current) is greater than or equal to 12) and (bhckb709-q1 ge bhckb709-q2) then
HC-S1 (column E) (previous), then HC-S5a
(bhckb751-q1 ge bhckb751-q2 - 2)
(column E) (current) should be greater than or
equal to HC-S5a (column E) (previous -2).

99991231

No Change

HC-S

Intraseries

7270

HC-S5aF

BHCKB752

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(column F) (current) is greater than or equal to 12) and (bhckb710-q1 ge bhckb710-q2) then
HC-S1 (column F) (previous), then HC-S5a
(bhckb752-q1 ge bhckb752-q2 - 2)
(column F) (current) should be greater than or
equal to HC-S5a (column F) (previous -2).

20150331

99991231

No Change

HC-S

Intraseries

7270

HC-S5aG

BHCKB753

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(column G) (current) is greater than or equal to 12) and (bhckb711-q1 ge bhckb711-q2) then
HC-S1 (column G) (previous), then HC-S5a
(bhckb753-q1 ge bhckb753-q2 - 2)
(column G) (current) should be greater than or
equal to HC-S5a (column G) (previous -2).

20150331

99991231

No Change

HC-S

Intraseries

7275

HC-S5bA

BHCKB754

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(columns A through G) (current) is greater than 12) and (bhckb705-q1 ge bhckb705-q2) then
or equal to HC-S1 (columns A through G)
(bhckb754-q1 ge bhckb754-q2 - 2)
(previous), then HC-S5b (columns A through G)
(current) should be greater than or equal to HCS5b (columns A through G) (previous -2).

September 2018

Alg Edit Test

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(column A) (current) is greater than or equal to 12) and (bhckb705-q1 ge bhckb705-q2) then
HC-S1 (column A) (previous), then HC-S5a
(bhckb747-q1 ge bhckb747-q2 - 2)
(column A) (current) should be greater than or
equal to HC-S5a (column A) (previous -2).

FR Y-9C: EDIT-119 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
7275

Edit Test

HC-S5bB

MDRM
Number
BHCKB755

No Change

HC-S

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

FRY9C

20150331

99991231

No Change

HC-S

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

7275

HC-S5bC

BHCKB756

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(columns A through G) (current) is greater than 12) and (bhckb707-q1 ge bhckb707-q2) then
or equal to HC-S1 (columns A through G)
(bhckb756-q1 ge bhckb756-q2 - 2)
(previous), then HC-S5b (columns A through G)
(current) should be greater than or equal to HCS5b (columns A through G) (previous -2).

Intraseries

7275

HC-S5bD

BHCKB757

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(columns A through G) (current) is greater than 12) and (bhckb708-q1 ge bhckb708-q2) then
or equal to HC-S1 (columns A through G)
(bhckb757-q1 ge bhckb757-q2 - 2)
(previous), then HC-S5b (columns A through G)
(current) should be greater than or equal to HCS5b (columns A through G) (previous -2).

HC-S

Intraseries

7275

HC-S5bE

BHCKB758

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(columns A through G) (current) is greater than 12) and (bhckb709-q1 ge bhckb709-q2) then
or equal to HC-S1 (columns A through G)
(bhckb758-q1 ge bhckb758-q2 - 2)
(previous), then HC-S5b (columns A through G)
(current) should be greater than or equal to HCS5b (columns A through G) (previous -2).

No Change

HC-S

Intraseries

7275

HC-S5bF

BHCKB759

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(columns A through G) (current) is greater than 12) and (bhckb710-q1 ge bhckb710-q2) then
or equal to HC-S1 (columns A through G)
(bhckb759-q1 ge bhckb759-q2 - 2)
(previous), then HC-S5b (columns A through G)
(current) should be greater than or equal to HCS5b (columns A through G) (previous -2).

99991231

No Change

HC-S

Intraseries

7275

HC-S5bG

BHCKB760

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(columns A through G) (current) is greater than 12) and (bhckb711-q1 ge bhckb711-q2) then
or equal to HC-S1 (columns A through G)
(bhckb760-q1 ge bhckb760-q2 - 2)
(previous), then HC-S5b (columns A through G)
(current) should be greater than or equal to HCS5b (columns A through G) (previous -2).

20150331

99991231

No Change

HC-S

Intraseries

7351

HC-S9A

BHCKB776

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7351

HC-S9D

BHCKB779

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7351

HC-S9E

BHCKB780

If HC-S9 (column A) (previous) is greater than if bhckb776-q2 gt 0 then bhckb776-q1 gt 0
zero, then HC-S9 (column A) (current) should be
greater than zero.
If HC-S9 (column D) (previous) is greater than if bhckb779-q2 gt 0 then bhckb779-q1 gt 0
zero, then HC-S9 (column D) (current) should
be greater than zero.
If HC-S9 (column E) (previous) is greater than
if bhckb780-q2 gt 0 then bhckb780-q1 gt 0
zero, then HC-S9 (column E) (current) should be
greater than zero.

September 2018

Alg Edit Test

For June, September, and December, if HC-S1 if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
(columns A through G) (current) is greater than 12) and (bhckb706-q1 ge bhckb706-q2) then
or equal to HC-S1 (columns A through G)
(bhckb755-q1 ge bhckb755-q2 - 2)
(previous), then HC-S5b (columns A through G)
(current) should be greater than or equal to HCS5b (columns A through G) (previous -2).

FR Y-9C: EDIT-120 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
7351

HC-S9F

MDRM
Number
BHCKB781

No Change

HC-S

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

FRY9C

20150331

FRY9C

HC-S

Intraseries

7351

HC-S9G

BHCKB782

No Change

HC-S

Intraseries

7355

HC-S10A

BHCKB783

99991231

No Change

HC-S

Intraseries

7355

HC-S10D

BHCKB786

20150331

99991231

No Change

HC-S

Intraseries

7355

HC-S10E

BHCKB787

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7355

HC-S10F

BHCKB788

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7355

HC-S10G

BHCKB789

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7361

HC-S11A

BHCKB790

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7361

HC-S11G

BHCKB796

FRY9C

20150331

99991231

No Change

HC-S

Quality

7362

HC-S12A

BHCKB797

FRY9C

20150331

99991231

No Change

HC-S

Quality

7373

HC-S12A

BHCKB797

FRY9C

20150331

99991231

No Change

HC-S

Quality

7372

HC-S12G

BHCKB803

FRY9C

20150331

99991231

No Change

HC-S

Quality

7373

HC-S12G

BHCKB803

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7400

HC-SM2c

BHCKA591

FRY9C

20150331

99991231

No Change

HC-S

Quality

7405

HC-SM2c

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

7407

HC-SM2c

September 2018

Edit Test

Alg Edit Test

If HC-S9 (column F) (previous) is greater than
zero, then HC-S9 (column F) (current) should be
greater than zero.
If HC-S9 (column G) (previous) is greater than
zero, then HC-S9 (column G) (current) should
be greater than zero.
If HC-S10 (column A) (previous) is greater than
zero, then HC-S10 (column A) (current) should
be greater than zero.
If HC-S10 (column D) (previous) is greater than
zero, then HC-S10 (column D) (current) should
be greater than zero.
If HC-S10 (column E) (previous) is greater than
zero, then HC-S10 (column E) (current) should
be greater than zero.
If HC-S10 (column F) (previous) is greater than
zero, then HC-S10 (column F) (current) should
be greater than zero.
If HC-S10 (column G) (previous) is greater than
zero, then HC-S10 (column G) (current) should
be greater than zero.
If HC-S11 (column A) (previous) is greater than
zero, then HC-S11 (column A) (current) should
be greater than zero.
If HC-S11 (column G) (previous) is greater than
zero, then HC-S11 (column G) (current) should
be greater than zero.
HC-S12A should be less than or equal to HCS11A.
If HC-S11 (column A) is greater than $100
thousand, HC-S12 (column A) should be greater
than zero.
HC-S12G should be less than or equal to HCS11G.
If HC-S11 (column G) is greater than $100
thousand, HC-S12 (column G) should be greater
than zero.
If the sum of (HC-SM2a through HC-SM2c)
(previous) is greater than $10 million, then the
sum of (HC-SM2a through HC-SM2c) (current)
should be greater than zero.

if bhckb781-q2 gt 0 then bhckb781-q1 gt 0

BHCKA591

For March, if HI-5f is greater than $250
thousand, then the sum of HC-SM2a through
HC-SM2c should be greater than zero.

if (mm-q1 eq 03) and bhckb492 gt 250 then
(bhckb804 + bhckb805 + bhcka591) gt 0

BHCKA591

For June, September, and December, if HI-5f
(current minus previous) is greater than $250
thousand, then the sum of HC-SM2a through
HC-SM2c (current) should be greater than zero

if (mm-q1 eq 06 or mm-q1 eq 09 or mm-q1 eq
12) and (bhckb492-q1 - bhckb492-q2) gt 250
then (bhckb804-q1 + bhckb805-q1 + bhcka591q1) gt 0

if bhckb782-q2 gt 0 then bhckb782-q1 gt 0

if bhckb783-q2 gt 0 then bhckb783-q1 gt 0

if bhckb786-q2 gt 0 then bhckb786-q1 gt 0

if bhckb787-q2 gt 0 then bhckb787-q1 gt 0

if bhckb788-q2 gt 0 then bhckb788-q1 gt 0

if bhckb789-q2 gt 0 then bhckb789-q1 gt 0

if bhckb790-q2 gt 0 then bhckb790-q1 gt 0

if bhckb796-q2 gt 0 then bhckb796-q1 gt 0

bhckb797 le bhckb790
if bhckb790 gt 100 then bhckb797 gt 0

bhckb803 le bhckb796
if bhckb796 gt 100 then bhckb803 gt 0

if (bhckb804-q2 + bhckb805-q2 + bhcka591-q2)
gt 10000 then (bhckb804-q1 + bhckb805-q1 +
bhcka591-q1) gt 0

FR Y-9C: EDIT-121 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

TargetItem

Intraseries

Edit
Number
7410

Edit Test

HC-SM3a2

MDRM
Number
BHCKB807

No Change

HC-S

FRY9C

20150331

99991231

No Change

HC-S

Intraseries

FRY9C

20150331

99991231

No Change

HC-S

FRY9C

20150331

99991231

No Change

FRY9C

20180630

99991231

FRY9C

20180630

FRY9C

7420

HC-SM3b2

BHCKB809

If the sum of HC-SM3b1 (previous) and HCif (bhckb808-q2 + bhckb809-q2 ) gt 0 then
SM3b2 (previous) is greater than zero, then the (bhckb808-q1 + bhckb809-q1 ) gt 0
sum of HC-SM3b1 (current) and HC-SM3b2
(current) should be greater than zero.

Quality

7430

HC-SM4

BHCKC407

If the sum of HC-C6aA, HC-S1C, and HC-S6aC is
greater than $500 million or [the sum of HCC6aA and HC-S1C divided by the sum of HCC12A and HC-S1C is greater than 50% and the
sum of HC-C12A and HC-S1C divided by the sum
of HC-12 and HC-S1C is greater than 50%] and
HC-S1C is greater than $100 thousand, then HCSM4 should be greater than zero.

if (((bhckb538 + bhckb707 + bhckb762) gt
500000) or ((((bhckb538 +
bhckb707)/(bhck2122 + bhckb707))*100 gt 50)
and (((bhck2122 + bhckb707)/(bhck2170 +
bhckb707))*100 gt 50))) and bhckb707 gt 100
then bhckc407 gt 0

HC-V

Quality

9565

HC-V1aA

BHCKJ981

bhckj981 ne null and bhckj981 ge 0

No Change

HC-V

Quality

0432

HC-V1aB

BHCKJF84

99991231

No Change

HC-V

Quality

9565

HC-V1aB

BHCKJF84

20180630

99991231

No Change

HC-V

Quality

9565

HC-V2aA

BHCKJF92

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V2aB

BHCKJF85

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V2bA

BHCKJF93

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V2bB

BHCKJF86

FRY9C

20150331

99991231

No Change

HC-V

Quality

9565

HC-V3A

BHCKK030

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V3B

BHCKJF87

FRY9C

20150331

99991231

No Change

HC-V

Quality

9565

HC-V4A

BHCKK033

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V4B

BHCKJF88

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V1bA

BHCKHU20

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V1bB

BHCKHU21

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V1cA

BHCKHU22

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V1cB

BHCKHU23

FRY9C

20180630

99991231

No Change

HC-V

Quality

9565

HC-V1dA

BHCKK009

HC-V1aA should not be null and should not be
negative.
Sum of HC-V1aA and HC-V1aB should be less
than or equal to the sum of HC-1a through HC1b2.
HC-V1aB should not be null and should not be
negative.
HC-V2aA should not be null and should not be
negative.
HC-V2aB should not be null and should not be
negative.
HC-V2bA should not be null and should not be
negative.
HC-V2bB should not be null and should not be
negative.
HC-V3A should not be null and should not be
negative.
HC-V3B should not be null and should not be
negative.
HC-V4A should not be null and should not be
negative.
HC-V4B should not be null and should not be
negative.
HC-V1bA should not be null and should not be
negative.
HC-V1bB should not be null and should not be
negative.
HC-V1cA should not be null and should not be
negative.
HC-V1cB should not be null and should not be
negative.
HC-V1dA should not be null and should not be
negative.

September 2018

Alg Edit Test

If the sum of HC-SM3a1 (previous) and HCif (bhckb806-q2 + bhckb807-q2 ) gt 0 then
SM3a2 (previous) is greater than zero, then the (bhckb806-q1 + bhckb807-q1 ) gt 0
sum of HC-SM3a1 (current) and HC-SM3a2
(current) should be greater than zero.

(bhckj981 + bhckjf84) le (bhck0081 + bhck0395
+ bhck0397)
bhckjf84 ne null and bhckjf84 ge 0
bhckjf92 ne null and bhckjf92 ge 0
bhckjf85 ne null and bhckjf85 ge 0
bhckjf93 ne null and bhckjf93 ge 0
bhckjf86 ne null and bhckjf86 ge 0
bhckk030 ne null and bhckk030 ge 0
bhckjf87 ne null and bhckjf87 ge 0
bhckk033 ne null and bhckk033 ge 0
bhckjf88 ne null and bhckjf88 ge 0
bhckhu20 ne null and bhckhu20 ge 0
bhckhu21 ne null and bhckhu21 ge 0
bhckhu22 ne null and bhckhu22 ge 0
bhckhu23 ne null and bhckhu23 ge 0
bhckk009 ne null and bhckk009 ge 0

FR Y-9C: EDIT-122 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

Edit Type

FRY9C

Effective Start Effective
Date
End Date
20180630
99991231

TargetItem

Quality

Edit
Number
9565

HC-V1dB

MDRM
Number
BHCKJF89

No Change

HC-V

FRY9C

20180630

99991231

No Change

FRY9C

20180630

99991231

FRY9C

20180930

FRY9C

HC-V

Quality

9565

HC-V1eA

BHCKJF91

No Change

HC-V

Quality

9565

HC-V1eB

BHCKJF90

99991231

Revised

HC-V

Quality

9565

HC-V5

BHCKJF77

20180930

99991231

Revised

HC-V

Quality

9565

HC-V6

BHCKJF78

FRY9C
FRY9C
FRY9C
FRY9C
FRY9C
FRY9C

20150331
20150331
20150331
20150331
20150331
20150331

99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change

NBS-P
NBS-P
NBS-P
NBS-P
NIS-P
NIS-P

Quality
Quality
Quality
Quality
Quality
Quality

9570
9570
9570
9570
9330
5599

NBS-P1
NBS-P2
NBS-P3
NBS-P4
NIS-P7b
NIS-P8

BHBC3516
BHBC3402
BHBC3368
BHBC3519
BHBCC216
BHBC4301

FRY9C

20150331

99991231

No Change

9580

NBS1

FRY9C

20150331

99991231

No Change

0448

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other

September 2018

Edit Test

Alg Edit Test

HC-V1dB should not be null and should not be
negative.
HC-V1eA should not be null and should not be
negative.
HC-V1eB should not be null and should not be
negative.
HC-V5 should not be null and should not be
negative.
HC-V6 should not be null and should not be
negative.
NBS-P1 should not be negative.
NBS-P2 should not be negative.
NBS-P3 should not be negative.
NBS-P4 should not be negative.
NIS-P7b should not be negative.
Sum of NIS-P3, NIS-P5 and NIS-P6 minus the
sum of NIS-P4 and NIS-P7 should equal NIS-P8.

bhckjf89 ne null and bhckjf89 ge 0

BHCKK141

NBS1 should not be null and should not be
negative.

bhckk141 ne null and bhckk141 ge 0

NBS2

BHCK5357

If financial data is not equal to null or zero, then if bhck5357 ne null and bhck5357 ne 0 then
text data should not be null.
text5357 ne null

0449

NBS2TX

TEXT5357

If text data is not equal to null, then financial
data should not equal null or zero.

0450

NBS3

BHCK5358

If financial data is not equal to null or zero, then if bhck5358 ne null and bhck5358 ne 0 then
text data should not be null.
text5358 ne null

0451

NBS3TX

TEXT5358

If text data is not equal to null, then financial
data should not equal null or zero.

0452

NBS4

BHCK5359

If financial data is not equal to null or zero, then if bhck5359 ne null and bhck5359 ne 0 then
text data should not be null.
text5359 ne null

0453

NBS4TX

TEXT5359

If text data is not equal to null, then financial
data should not equal null or zero.

7608

NBS5

BHCK5360

If financial data is not equal to null or zero, then if bhck5360 ne null and bhck5360 ne 0 then
text data should not be null.
text5360 ne null

7609

NBS5TX

TEXT5360

If text data is not equal to null, then financial
data should not equal null or zero.

7610

NBS6

BHCKB027

If financial data is not equal to null or zero, then if bhckb027 ne null and bhckb027 ne 0 then
text data should not be null.
textb027 ne null

7611

NBS6TX

TEXTB027

If text data is not equal to null, then financial
data should not equal null or zero.

bhckjf91 ne null and bhckjf91 ge 0
bhckjf90 ne null and bhckjf90 ge 0
bhckjf77 ne null and bhckjf77 ge 0
bhckjf78 ne null and bhckjf78 ge 0
bhbc3516 ge 0 or bhbc3516 eq null
bhbc3402 ge 0 or bhbc3402 eq null
bhbc3368 ge 0 or bhbc3368 eq null
bhbc3519 ge 0 or bhbc3519 eq null
bhbcc216 ge 0 or bhbcc216 eq null
((bhbc4074 + bhbc4079 + bhbc4091) (bhbc4230 + bhbc4093)) eq bhbc4301

if text5357 ne null then bhck5357 ne null and
bhck5357 ne 0

if text5358 ne null then bhck5358 ne null and
bhck5358 ne 0

if text5359 ne null then bhck5359 ne null and
bhck5359 ne 0

if text5360 ne null then bhck5360 ne null and
bhck5360 ne 0

if textb027 ne null then bhckb027 ne null and
bhckb027 ne 0

FR Y-9C: EDIT-123 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other

September 2018

Edit Type

Edit
Number
7612

TargetItem

Edit Test

NBS7

MDRM
Number
BHCKB028

Alg Edit Test

7613

NBS7TX

TEXTB028

If text data is not equal to null, then financial
data should not equal null or zero.

7614

NBS8

BHCKB029

If financial data is not equal to null or zero, then if bhckb029 ne null and bhckb029 ne 0 then
text data should not be null.
textb029 ne null

7615

NBS8TX

TEXTB029

If text data is not equal to null, then financial
data should not equal null or zero.

7616

NBS9

BHCKB030

If financial data is not equal to null or zero, then if bhckb030 ne null and bhckb030 ne 0 then
text data should not be null.
textb030 ne null

7617

NBS9TX

TEXTB030

If text data is not equal to null, then financial
data should not equal null or zero.

7618

NBS10

BHCKB031

If financial data is not equal to null or zero, then if bhckb031 ne null and bhckb031 ne 0 then
text data should not be null.
textb031 ne null

7619

NBS10TX

TEXTB031

If text data is not equal to null, then financial
data should not equal null or zero.

7620

NBS11

BHCKB032

If financial data is not equal to null or zero, then if bhckb032 ne null and bhckb032 ne 0 then
text data should not be null.
textb032 ne null

7621

NBS11TX

TEXTB032

If text data is not equal to null, then financial
data should not equal null or zero.

7622

NBS12

BHCKB033

If financial data is not equal to null or zero, then if bhckb033 ne null and bhckb033 ne 0 then
text data should not be null.
textb033 ne null

7623

NBS12TX

TEXTB033

If text data is not equal to null, then financial
data should not equal null or zero.

7624

NBS13

BHCKB034

If financial data is not equal to null or zero, then if bhckb034 ne null and bhckb034 ne 0 then
text data should not be null.
textb034 ne null

7625

NBS13TX

TEXTB034

If text data is not equal to null, then financial
data should not equal null or zero.

7626

NBS14

BHCKB035

If financial data is not equal to null or zero, then if bhckb035 ne null and bhckb035 ne 0 then
text data should not be null.
textb035 ne null

7627

NBS14TX

TEXTB035

If text data is not equal to null, then financial
data should not equal null or zero.

7628

NBS15

BHCKB036

If financial data is not equal to null or zero, then if bhckb036 ne null and bhckb036 ne 0 then
text data should not be null.
textb036 ne null

If financial data is not equal to null or zero, then if bhckb028 ne null and bhckb028 ne 0 then
text data should not be null.
textb028 ne null
if textb028 ne null then bhckb028 ne null and
bhckb028 ne 0

if textb029 ne null then bhckb029 ne null and
bhckb029 ne 0

if textb030 ne null then bhckb030 ne null and
bhckb030 ne 0

if textb031 ne null then bhckb031 ne null and
bhckb031 ne 0

if textb032 ne null then bhckb032 ne null and
bhckb032 ne 0

if textb033 ne null then bhckb033 ne null and
bhckb033 ne 0

if textb034 ne null then bhckb034 ne null and
bhckb034 ne 0

if textb035 ne null then bhckb035 ne null and
bhckb035 ne 0

FR Y-9C: EDIT-124 of 125

Quality (Q) and Intraseries (I) Edits for the FR Y-9C
(Effective as of September 30, 2018)
Series

Edit Change

Schedule

FRY9C

Effective Start Effective
Date
End Date
20150331
99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

FRY9C

20150331

99991231

No Change

Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other
Notes to the Quality
Balance Sheet Other

September 2018

Edit Type

Edit
Number
7629

TargetItem

Edit Test

Alg Edit Test

NBS15TX

MDRM
Number
TEXTB036

If text data is not equal to null, then financial
data should not equal null or zero.

if textb036 ne null then bhckb036 ne null and
bhckb036 ne 0

7630

NBS16

BHCKB037

If financial data is not equal to null or zero, then if bhckb037 ne null and bhckb037 ne 0 then
text data should not be null.
textb037 ne null

7631

NBS16TX

TEXTB037

If text data is not equal to null, then financial
data should not equal null or zero.

7632

NBS17

BHCKB038

If financial data is not equal to null or zero, then if bhckb038 ne null and bhckb038 ne 0 then
text data should not be null.
textb038 ne null

7633

NBS17TX

TEXTB038

If text data is not equal to null, then financial
data should not equal null or zero.

7634

NBS18

BHCKB039

If financial data is not equal to null or zero, then if bhckb039 ne null and bhckb039 ne 0 then
text data should not be null.
textb039 ne null

7635

NBS18TX

TEXTB039

If text data is not equal to null, then financial
data should not equal null or zero.

7636

NBS19

BHCKB040

If financial data is not equal to null or zero, then if bhckb040 ne null and bhckb040 ne 0 then
text data should not be null.
textb040 ne null

7637

NBS19TX

TEXTB040

If text data is not equal to null, then financial
data should not equal null or zero.

7638

NBS20

BHCKB041

If financial data is not equal to null or zero, then if bhckb041 ne null and bhckb041 ne 0 then
text data should not be null.
textb041 ne null

7639

NBS20TX

TEXTB041

If text data is not equal to null, then financial
data should not equal null or zero.

if textb037 ne null then bhckb037 ne null and
bhckb037 ne 0

if textb038 ne null then bhckb038 ne null and
bhckb038 ne 0

if textb039 ne null then bhckb039 ne null and
bhckb039 ne 0

if textb040 ne null then bhckb040 ne null and
bhckb040 ne 0

if textb041 ne null then bhckb041 ne null and
bhckb041 ne 0

FR Y-9C: EDIT-125 of 125