Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks

Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks; Report of Assets and Liabilities of a Non-U.S. Branch That Is Managed or Controlled by a U.S. Branch or Agency of a For

FFIEC002_202012_f_draft

Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks

OMB: 7100-0032

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FFIEC 002
Draft Reporting Form for Proposed FFIEC 002 Revisions
with Proposed Effective Dates Beginning with June 30, 2020

This draft reporting form, which is subject to change, presents the pages from the Report of Assets and Liabilities
of U.S. Branches and Agencies of Foreign Banks (FFIEC 002) as they are proposed to be revised, subject to final
approval by the U.S. Office of Management and Budget (OMB). These proposed revisions are described in the
federal banking agencies’ initial Paperwork Reduction Act (PRA) Federal Register notice published on July 22,
2020. As discussed in the agencies' final PRA Federal Register notice published in the Federal Register on
November 23, 2020, the agencies are proceeding with the revisions to the FFIEC 002 as proposed. The initial and
final notices are available on the FFIEC’s web page for the FFIEC 002.

The revisions to the report form with the effective date of June 30, 2020, pertain to Section 4013 of the
Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides optional temporary relief from
accounting for eligible loan modifications as troubled debt restructurings; and the Federal Deposit Insurance
Corporation’s (FDIC’s) final rule on deposit insurance assessments issued in response to disruptions related to
the Coronavirus Disease 2019. The agencies have received emergency approvals from the OMB to implement
changes to the FFIEC 002 arising from an interim final rule that amends the Federal Reserve Board’s Regulation
D on reserve requirements, the FDIC’s final rule, and Section 4013 of the CARES Act. These revisions are
included in the initial Federal Register notice noted above.

An additional proposed revision to the FFIEC 002 with an effective date beginning with the September 30, 2020,
report date, arising from the FDIC’s final rule also has received emergency approval from OMB. This proposed
revision also is described in the agencies’ initial PRA Federal Register notice and is included in this draft reporting
form.

Table of Contents
Line Item

Page

FFIEC 002 Effective Date: June 30, 2020

1. Schedule C, Part I, Loans and Leases, Memorandum Item 5, “Eligible loan modifications under
Section 4013, Temporary Relief from Troubled Debt Restructurings, of the 2020 Coronavirus Aid, Relief,
and Economic Security Act”…………………………………………………………….…………………………. 4

2. Schedule O, Other Data for Deposit Insurance Assessments, Memorandum Item 6, “Quarterly average
amount of Paycheck Protection Program loans pledged to the Federal Reserve Paycheck Protection
Program Liquidity Facility”..…………..………………………………………………….........…………………... 5

3. Schedule O, Other Data for Deposit Insurance Assessments, Memorandum Item 7, “Quarterly average
amount of holdings of assets purchased from money market funds under the Money Market Mutual Fund
Liquidity Facility”.…………..……………………………………………………………………………………….. 5
FFIEC 002 Effective Date: September 30, 2020

4. Schedule O, Other Data for Deposit Insurance Assessments, Memorandum Item 6, “Outstanding balance of
Paycheck Protection Program loans”.………….….….................................................................................. 7

Note: The changes to Schedule C, Part I, and Schedule O on pages 4 and 5 are
effective as of the June 30, 2020, report date.

FFIEC 002
Page 10 of 32

Schedule C—Continued
(Column A)
Total Reporting
Branch or Agency
Including Its IBF

Dollar Amounts in Thousands

Number

RCON

(Column B)
IBF Only

Amount

RCFN

Memoranda—Continued
Amounts reported in Memorandum items 5.a and 5.b will not be made
available to the public on an individual U.S. branch-and-agency basis.

5. Eligible loan modifications under Section 4013, Temporary Relief from
Troubled Debt Restructurings of the 2020 Coronavirus Aid, Relief, and
Economic Security Act:
a. Number of outstanding Section 4013 loans ................................. LG24

M.5.a.

Amount

b. Outstanding balance of Section 4013 loans ................................. LG25

M.5.b.

Part II. Loans to Small Businesses and Small Farms

Part II of Schedule C is to be completed annually as of the June 30 report date only by branches whose deposits
are insured by the FDIC.
Report the number and amount currently outstanding as of June 30 of business loans with "original amounts" of $1,000,000 or less and
farm loans with "original amounts" of $500,000 or less. The following guidelines should be used to determine the "original amount" of a
loan: (1) For loans drawn down under lines of credit or loan commitments, the "original amount" of the loan is the size of the line of
credit or loan commitment when the line of credit or loan commitment was most recently approved, extended, or renewed prior to the
report date. However, if the amount currently outstanding as of the report date exceeds this size, the "original amount" is the amount
currently outstanding on the report date. (2) For loan participations and syndications, the "original amount" of the loan participation or
syndication is the entire amount of the credit originated by the lead lender. (3) For all other loans, the "original amount" is the total
amount of the loan at origination or the amount currently outstanding as of the report date, whichever is larger.

Loans to Small Businesses

(Column A)
Number of Loans

1. Not applicable

Dollar Amounts in Thousands
2. Number and amount currently outstanding of "Loans secured by nonfarm nonresidential properties" (excluding those held in the branch's IBF)
reported in Schedule C, part I, item 1, column A, "Loans secured by real
estate" (sum of items 2.a through 2.c must be less than or equal to
Schedule C, part I, item 1, column A minus column B):
a. With original amounts of $100,000 or less..........................................
b. With original amounts of more than $100,000 through $250,000.............
c. With original amounts of more than $250,000 through $1,000,000 ............
3. Number and amount currently outstanding of "Commercial and industrial
loans to U.S. addressees" (excluding those held in the branch's IBF)
reported in Schedule C, part I, item 4.a, column A (sum of items 3.a through
3.c must be less than or equal to Schedule C, part I, item 4.a, column A
minus column B):
a. With original amounts of $100,000 or less..........................................
b. With original amounts of more than $100,000 through $250,000.............
c. With original amounts of more than $250,000 through $1,000,000 ............

(Column B)
Amount
Currently
Outstanding
Amount

RCON

5564
5566

5565
5567

5568

5569

2.a.
2.b.
2.c.

5570
5572
5574

5571
5573
5575

3.a.
3.b.
3.c.

06/2020

FFIEC 002
Page 22 of 32

Schedule O—Continued
Dollar Amounts in Thousands
Memorandum item 2 is to be completed by branches with $1 billion or more
in total claims on nonrelated parties.2

Amount

RCON

5597
5590

M.2.
M.3.

LL57

M.6.

2. Estimated amount of uninsured deposits in the branch, including related interest accrued and
unpaid3 ......................................................................................................................
3. Preferred deposits (to be completed for the December report only) .........................................
4. and 5. Not applicable
6. Quarterly average amount of Paycheck Protection Program loans pledged to the Federal Reserve
Paycheck Protection Program Liquidity Facility ...................................................................
7. Quarterly average amount of holdings of assets purchased from money market funds under the
Money Market Mutual Fund Liquidity Facility ......................................................................

Reporting Branch
Excluding Its IBF

LL58

M.7.

2. The $1 billion size test is generally based on the total claims on nonrelated parties (Schedule RAL, item 1.i, column A) reported on the June 30, 2014,
Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks.
3. Uninsured deposits should be estimated based on the deposit insurance limits set forth in Memorandum items 1.a through 1.d.

Schedule P—Other Borrowed Money

NOTE: Exclude all transactions with related depository institutions.

(Column A)
Total Reporting
Branch or Agency
Including Its IBF

Dollar Amounts in Thousands
1. Owed to nonrelated commercial banks in the U.S. (including their IBFs):
a. Owed to U.S. offices of nonrelated U.S. banks ...............................
b. Owed to U.S. branches and agencies of nonrelated foreign banks .....
2. Owed to nonrelated banks in foreign countries:
a. Owed to foreign branches of nonrelated U.S. banks ........................
b. Owed to foreign offices of nonrelated foreign banks.........................
3. Owed to others ............................................................................

RCFD

Amount

(Column B)
IBF Only

RCFN

3312
3313

1.a.
1.b.

3314
3315

2.a.
2.b.
3.

2869

3314
3315
2869

RCXX

RCXY

4. Total (sum of items 1 through 3) (must equal Schedule RAL, item 4.c) .....

3190

Memorandum
1. Immediately available funds with a maturity greater than one day
included in other borrowed money...................................................

RCFD

2805

M.1.

Amount

06/2020

Note: The change to Schedule O on page 7 is to be effective as of the
September 30, 2020, report date.

FFIEC 002
Page 22 of 32

Schedule O—Continued
Outstanding balance of Paycheck
Protection Program loansDollar Amounts in Thousands
Memorandum item 2 is to be completed by branches with $1 billion or more
in total claims on nonrelated parties.2

Reporting Branch
Excluding Its IBF
Amount

RCON

LG27
5597
5590

M.2.
M.3.

LL57

M.6.

LL58

M.7.

Schedule P—Other Borrowed Money

NOTE: Exclude all transactions with related depository institutions.

(Column A)
Total Reporting
Branch or Agency
Including Its IBF

RCFD

Amount

(Column B)
IBF Only

RCFN

3312
3313

1.a.
1.b.

3314
3315

2.a.
2.b.
3.

2869

3314
3315
2869

RCXX

RCXY

4. Total (sum of items 1 through 3) (must equal Schedule RAL, item 4.c) .....

3190

Memorandum
1. Immediately available funds with a maturity greater than one day
included in other borrowed money...................................................

RCFD

2805

M.1.

Amount

06/2020
09/2020

File Type	application/pdf
File Modified	2020-11-25
File Created	2020-11-24