Fr Y-7ns

Reports of Foreign Banking Organizations

FRY7N_FRY7NS_20191231_i

FR Y-7NS

OMB: 7100-0125

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Board of Governors of the Federal Reserve System

Instructions for the Preparation of

Financial Statements of U.S. Nonbank Subsidiaries Held by
Foreign Banking Organizations
Reporting Form FR Y-7N and FR Y-7NS
Effective January 2020

INSTRUCTIONS FOR PREPARATION OF

Financial Statements of U.S. Nonbank
Subsidiaries Held by Foreign Banking
Organizations
FR Y-7N and FR Y-7 NS

General Instructions

Who Must Report
The Financial Statements of U.S. Nonbank Subsidiaries Held by Foreign Banking Organizations (FR Y-7N/
FR Y-7NS) must be ﬁled either quarterly or annually
by the top-tier foreign banking organization (FBO) for
each U.S. nonbank subsidiary1 it owns or controls.
The FR Y-7N/FR Y-7NS must be submitted for each
legal entity subject to reporting requirements. Therefore, consolidation of individual entities is not
permitted.
For purposes of this report, nonbank subsidiaries
include, but are not limited to, commercial or consumer ﬁnance companies, leasing companies, mortgage banking companies, venture capital corporations,
small business investment companies, and data processing and information services companies that do
not have a primary U.S. regulator other than the Federal Reserve System.

Quarterly Filers—Detailed Report
(FR Y-7N)
Each top-tier FBO must ﬁle the FR Y-7N report on a
quarterly basis for each of its U.S. nonbank subsidiaries that meets any one of the following criteria:

(1) The total assets of the nonbank subsidiary are
equal to or greater than $1 billion; or

1. A subsidiary, for purposes of this report, is deﬁned by Section 225.2 of Federal Reserve Regulation Y, which generally includes
companies 25 percent or more owned or controlled by another company.

(2) The nonbank subsidiary’s off-balance-sheet
activities2 are equal to or greater than $5 billion.
Once a nonbank subsidiary satisﬁes the criteria to ﬁle
the FR Y-7N for any quarter during the calendar year,
the nonbank subsidiary must continue to ﬁle the quarterly FR Y-7N for the remainder of the calendar year
even if it no longer satisﬁes the requirement for ﬁling
the quarterly FR Y-7N.
Nonbank subsidiaries that do not meet the quarterly
ﬁling thresholds may be requested to ﬁle quarterly if
the Federal Reserve Bank has determined that these
nonbank subsidiaries have signiﬁcant risk exposures.

Annual Filers—Detailed Report
(FR Y-7N)
A nonbank subsidiary that does not meet any of the
criteria to ﬁle quarterly, but has total assets greater
than or equal to $500 million and less than $1 billion as
of the report date must ﬁle the entire FR Y-7N reporton an annual basis.

Annual Filers—Abbreviated Report
(FR Y-7NS)
A nonbank subsidiary that does not meet the criteria
to ﬁle the detailed report, but has total assets greater
than or equal to $250 million and less than $500 million must ﬁle the Abbreviated Financial Statements of
U.S. Nonbank Subsidiaries Held by Foreign Banking
Organizations (FR Y-7NS) on an annual basis.
2. Off-balance-sheet activities (deﬁned as the sum of Schedule BS,
items 20 through 30) include commitments to purchase foreign currencies and U.S. dollar exchange, all other futures and forward contracts,
option contracts, and the notional value of interest rate swaps, exchange
swaps, and other swaps.

GEN-1
FR Y-7N and FR Y-7 NS

December 2013

General Instructions

Other Reporting Criteria
• Foreign banking organizations (FBOs) must submit
a separate FR Y-7N/FR Y-7NS for each of its nonbank subsidiaries satisfying the above criteria
whether directly or indirectly owned (as deﬁned per
Regulation Y, section 225.2 (o)). Each FBO must
submit a report on a parent only (non-consolidated)
basis for each parent nonbank subsidiary meeting
the critieria and submit individual reports for each
lower level nonbank subsidiary required to ﬁle the
report.
• Consolidation of individual entities, including variable interest entities (VIEs), is not permitted. Each
FBO should separately assess whether a VIE meets
the deﬁnition of subsidiary and determine if any
such entity meets the criteria for ﬁling this report.
• The FR Y-7N/FR Y-7NS report for a U.S. nonbank
subsidiary owned by more than one FBO should be
submitted in its entirety by the FBO with the majority ownership. If a nonbank subsidiary is equally
owned by two or more FBOs, the FR Y-7N/FR
Y-7NS report should be submitted in its entirety by
the largest FBO based on total consolidated assets.

(however, this exemption does not extend to section 4(c)(8) subsidiaries of section 2(h)(2)
companies);
• Any company that engages in business in the U.S.
pursuant to section 8(c) of the International Banking Act and performs commercial activities;
• Any subsidiary that is considered a merchant banking investment, the shares of which are held pursuant to section 4(k)4(H) of the BHC Act;
• Any subsidiary of a U.S. commercial bank, or
federally-insured company which is a subsidiary of
a BHC;
• Industrial banks, savings associations, thrifts, nondepository trust companies and other companies that
are federally insured;
• Any subsidiary of a Small Business Investment
Company (SBIC controlled investment);
• Any nonbank subsidiary that is functionally regulated by regulatory agency, other than the Federal
Reserve System, such as the Securities Exchange
Commission (“SEC”), Commodity Futures Trade
Commission (“CFTC”), State Insurance Commissioners, or State Securities Departments;

Exemptions from Reporting U.S. Nonbank
Subsidiary Financial Statements

• Any subsidiary of a U.S. BHC that reports on the
Financial Statements of Nonbank Subsidiaries of
Bank Holding Companies (FR Y-11/FR Y-11S);

The following U.S. nonbank subsidiaries are exempt
from submitting the ﬁnancial statements of U.S. nonbank subsidiaries held by FBOs:

• Any non-depository trust company that is a member
of the Federal Reserve System and required to ﬁle
the Consolidated Reports of Condition and Income;

• Any company whose total assets are less than
$250 million unless the quarterly reporting criteria
is met;

• Any subsidiary that is required to ﬁle a Report of
Condition for Edge or Agreement Corporations
(FR 2886b);

• Any company, the shares of which are held:

• Any subsidiary, joint venture, or portfolio investment that is required to ﬁle the Reports of Condition for Foreign Subsidiaries of U.S. Banking Organizations (FR 2314/FR 2314S);

(a) as a result of debts previously contracted
(i.e., acquired under section 4(c)(2) of the
Bank Holding Company (BHC) Act);
(b) in a ﬁduciary capacity under section 4(c)(4) of the BHC Act; or
(c) solely as collateral securing an extension of
credit;
• Any company that engages in business in the U.S.
pursuant to section 2(h)(2) of the BHC Act

• Any subsidiary that is required to ﬁle the Financial
Statements for a Bank Holding Company Subsidiary Engaged in Bank-Ineligible Securities Underwriting and Dealing (FR Y-20); and
• Any branch, agency, or representative office of a foreign bank.

GEN-2
December 2013

FR Y-7N and FR Y-7 NS

General Instructions

• Any subsidiary that is inactive as of the end of the
reporting period.
• Any subsidiary such as a namesaver or newly organized company that has never conducted any business activity. However, a subsidiary that is newly
incorporated is required to report upon the commencement of a business activity once it meets the
reporting criteria.
• Any subsidiary that was divested or liquidated during the year. Reports must only be ﬁled for nonbank
subsidiaries that are part of the FBO’s organizational structure as of the close of the business day on
the report date for which the report is being ﬁled.
• Any subsidiary that is a special purpose vehicle
(SPV) formed as a vehicle for speciﬁc leasing transactions (for example, when an SPV is engaged in a
single leasing transaction).
• Any subsidiary that issues trust preferred securities.
Please note that U.S. nonbank subsidiaries that are not
required to ﬁle under the above criteria may be
required to ﬁle the FR Y-7N/FR Y-7NS by the Federal
Reserve Bank that is responsible for the regulation of
the top-tier FBO.
A graphic representation of the general criteria for the
FR Y-7N/FR Y-7NS appears at the end of these General Instructions (page GEN-7).

Frequency of Reporting
A FBO must submit the FR Y-7N report for each nonbank subsidiary that meets the criteria to ﬁle quarterly
as of the last calendar day of March, June, September,
and December. A FBO must submit the FR Y-7N
report for each nonbank subsidiary that meets the criteria to ﬁle annually as of December 31. A FBO must
submit FR Y-7N for each nonbank subsidiary that
meets the criteria to ﬁle the abbreviated report annually
as of December 31.
The reporting should commence at the end of the
quarter in which the subsidiary meets the signiﬁcance
threshold.

Preparation of the Reports
FBOs are required to prepare the ﬁnancial statements
of its U.S. nonbank subsidiaries (FR Y-7N/FR Y-7NS)

in accordance with generally accepted accounting principles (GAAP) and these instructions. All reports shall
be reported in a consistent manner.
The nonbank subsidiaries’ ﬁnancial records shall be
maintained in such a manner and scope so as to ensure
that the reports can be prepared and ﬁled in accordance with these instructions and reﬂect a fair presentation of the subsidiaries’ ﬁnancial condition and
results of operations. Questions and requests for interpretations of matters appearing in any part of these
instructions should be addressed to the Federal
Reserve Bank that is responsible for the regulation of
the top-tier FBO.
FBOs should refer to the instructions for the preparation of the Consolidated Financial Statements for
Bank Holding Companies (FR Y-9C) or the Parent
Company Only Financial Statements (FR Y-9SP) for
additional information on the items requested on this
report. Copies of the FR Y-7N, FR Y-7NS, FR Y-9C,
and FR Y-9SP may be found on the Federal Reserve
Board’s public website (www.federalreserve.gov/
boarddocs/reportforms.)

Applicability of Generally Accepted
Accounting Principles
It should be noted that the presentation by subsidiaries
of assets, liabilities, stockholders’ equity, and the recognition of income and expenses should be reported in
accordance with generally accepted accounting principles. Subsidiaries are required to report certain other
accounts or types of transactions on schedules to the
balance sheet and income statement. In addition, these
instructions designate where a particular asset or liability should be reported.
All ownership interests in the subsidiary have an interest in the aggregate amounts of a subsidiary’s reported
earnings, retained earnings, and net assets (whether
held by its parent organization or by other owners) and
should be reported as equity capital in the ﬁnancial
statements.
There may be areas in which a reporting subsidiary
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 the FR Y-9C instructions or, in more
GEN-3

FR Y-7N and FR Y-7 NS

June 2012

General Instructions

detail, in the FASB Accounting Standards
Codiﬁcation. For purposes of these instructions, the
FASB Accounting Standards Codiﬁcation is referred
to as “ASC.” Selected sections of the ASC are referenced in the instructions where appropriate.
When the Federal Reserve’s interpretation of how
GAAP or these instructions should be applied to a
speciﬁed event or transaction (or series of related
events or transactions) differs from the reporting institution’s interpretation, the Federal Reserve may
require the reporter to reﬂect the event(s) or transaction(s) in its FR Y-7N/FR Y7NS reports in accordance
with the Federal Reserve’s interpretation and to amend
previously submitted reports.

Page 1
The FBO must submit a page 1 for each ﬁnancial statement. If the FBO elects to ﬁle multiple ﬁnancial statements under one signature, the FBO must submit one
signed page 1 per type of report, the FR Y-7N quarterly, the FR Y-7N annual or the FR Y-7NS. Page 1 of
the report must include the legal name of the FBO
ﬁling the FR Y-7N/FR Y-7NS and the mailing address.
The name, telephone number, and e-mail address of a
U.S. contact to whom questions about the
report(s) may be directed must be indicated.

Signatures
The FR Y-7N/FR Y-7NS must be signed as indicated
on page 1 by a duly authorized officer of the FBO. The
top-tier FBO may authorize an officer of the nonbank
subsidiary to sign the report. By signing page 1 of this
report, the authorized officer acknowledges that any
knowing and willful misrepresentation or omission of
a material fact on any reports included under this signature constitutes fraud in the inducement and may
subject the officer to legal sanctions provided by
18 USC 1001 and 1007.

Number of Reports Attested to Under This
Signature
For all reports submitted under the officer’s signature,
the FBO must indicate on page 1 the total number of
reports for which the officer attested.

December Only Reporting
For the December FR Y-7N report, the FBO must
indicate on page 1 whether the submission is for quarterly or annual ﬁlers.

Detailed Listing of Subsidiaries
The FBO must complete a separate page(s) containing
the detailed listing of subsidiaries for each page 1. For
submission of multiple ﬁnancial statements under the
officer’s signature, the FBO must complete a separate
page(s) containing the detailed listing of subsidiaries
for each type of report. The FBO must provide on the
page(s) containing the detailed listing of subsidiaries
the legal name, address and subsidiary ID for all
reports attested to under the officer’s signature as indicated on page 1. When specifying the name(s) of the
nonbank subsidiaries, use the legal name of the subsidiaries as they appear on the papers of incorporation or
formation documents. The legal name must be the
same name that is speciﬁed on the Report of Changes
in Organizational Structure (FR Y-10). The
page(s) containing the detailed listing of subsidiaries
should be retained at the FBO for their records and
should not be submitted to the Reserve Bank.

Submission of Reports
Reports are to be submitted for each report date on the
report forms provided by the Federal Reserve Bank.
No caption on the report form shall be changed in any
way. No item is to be left blank. An entry must be made
for each item, i.e., an amount, a zero, or an “N/A.”
All items will not be applicable to each nonbank subsidiary required to ﬁle the report. An “N/A” should be
entered if the nonbank subsidiary cannot be involved
in a transaction because of the nature of the organization. A zero should be entered whenever a nonbank
subsidiary can participate in an activity, but may not,
on the report date, have any outstanding balances.

Where to Submit the Reports
For paper ﬁlers of report form. The original report and
the number of copies speciﬁed by the Reserve Bank
should be submitted to the Reserve Bank where the
FBO ﬁles its Annual Report of Foreign Banking Organizations (FR Y-7).

GEN-4
June 2012

FR Y-7N and FR Y-7 NS

General Instructions

All reports shall be made out clearly and legibly by
typewriter or in ink. Reports completed in pencil will
not be accepted. FBOs may submit computer printouts
in a format identical to that of the report form, including all item and column captions and other identifying
numbers.
FBOs must maintain in their ﬁles a copy of the manually signed page 1 of the Reserve Bank-supplied forms
received for the report date, attached to the
page(s) containing the detailed listing of subsidiaries,
and a print out of the data submitted.
Electronic submission of report form. Any FBO interested in submitting the FR Y-7N electronically should
contact the Federal Reserve Bank in the district where
the FBO ﬁles its Annual Report of Foreign Banking
Organizations (FR Y-7). At this time, electronic ﬁling
of the FR Y-7NS is not available. Federal Reserve
Bank staff will notify FBOs when the electronic reporting option for the FR Y-7NS becomes available.
FBOs choosing to submit these reports electronically
must maintain in their ﬁles the original manually
signed page 1 of the Reserve Bank-supplied forms
received for the report date, attached to the
page(s) containing the detailed listing of subsidiaries,
and a printout of the data submitted.

Submission Date
A FBO must ﬁle this report for its nonbank subsidiaries no later than 60 calendar days after the report date.
The ﬁling of a completed report will be considered
timely, regardless of when the reports are received by
the appropriate Federal Reserve Bank, if these reports
are mailed ﬁrst class and postmarked no later than the
third calendar day preceding the submission deadline.
In the absence of a postmark, a company whose completed FR Y-7N/FR Y-7NS is received late may be
called upon to provide proof of timely mailing.
A “Certiﬁcate of Mailing” (U.S. Postal Service form
3817) may be used to provide such proof. If an overnight delivery service is used, entry of the completed
original reports into the delivery system on the day
before the submission deadline will constitute timely
submission. In addition, the hand delivery of the completed original reports on or before the submission
deadline to the location to which the reports would
otherwise be mailed is an acceptable alternative to

mailing such reports. Companies that are unable to
obtain the required officers’ signatures on their completed original reports in sufficient time to ﬁle these
reports so that they are received by the submission
deadline may contact the Federal Reserve Bank to
which they mail their original reports to arrange for the
timely submission of their report data and the subsequent ﬁling of their signed reports.
If the submission deadline falls on a weekend or holiday, the report must be received by 5:00 P.M. on the
ﬁrst business day after the Saturday, Sunday, or holiday. Any report received after 5:00 P.M. on the ﬁrst
business day after the Saturday, Sunday, or holiday
deadline will be considered late unless it has been postmarked three calendar days prior to the original Saturday, Sunday, or holiday submission deadline (original
deadline), or the institution has a record of sending the
report by overnight service one day prior to the original deadline.
NOTE: A FBO must submit all of its required nonbank subsidiary reports on or before the submission
deadline to be considered timely.

Monitoring of Regulatory Reports
Federal Reserve Banks will monitor the ﬁling of all
regulatory reports to ensure that they are ﬁled in a
timely manner and are accurate and not misleading.
Many reporting errors can be screened through the use
of computer validity edit checks which are detailed in
the Checklist accompanying the reporting instructions.
Reporting deadlines are detailed in Submission Date
section of these general instructions. Additional information on the monitoring procedures are available
from the Federal Reserve Banks.

Conﬁdentiality
These reports are available to the public upon request
on an individual basis. However, a reporting FBO may
request conﬁdential treatment for one or more of the
nonbank subsidiaries for which it submits the ﬁnancial
statements of U.S. nonbank subsidiaries held by FBO
if it is of the opinion that disclosure of certain commercial or ﬁnancial information in the report would
likely result in substantial harm to its (or its subsidiaries’) competitive position or that disclosure of the subGEN-5

FR Y-7N and FR Y-7 NS

June 2012

General Instructions

mitted personal information would result in unwarranted invasion of personal privacy.
A request for conﬁdential treatment must be submitted
in writing concurrently with the submission of the
report. The request must discuss in writing the
justiﬁcation for which conﬁdentiality is requested,
demonstrating 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.
INFORMATION FOR WHICH CONFIDENTIAL
TREATMENT IS REQUESTED SHOULD BE
REPORTED SEPARATELY BOUND WITH A
SEPARATE FR Y-7N/FR Y-7NS PAGE 1
LABELED “CONFIDENTIAL.” THIS INFORMATION SHOULD BE SPECIFICALLY IDENTIFIED
AS BEING CONFIDENTIAL.
The Federal Reserve will determine whether information submitted with a request for conﬁdential treatment will be so treated, and will advise the FBO
through the appropriate Reserve Bank of any decision
to make available to the public any of the information.
Information for which conﬁdential information 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.

Amended Reports
The Federal Reserve may require the ﬁling of amended
Financial Statements of U.S. Nonbank Subsidiaries
Held by Foreign Banking Organizations if reports as
previously submitted contain signiﬁcant errors. In
addition, a FBO should ﬁle an amended report when
internal or external auditors make audit adjustments
that result in a restatement of ﬁnancial statements
affecting reports previously submitted to the Federal
Reserve.
In the event that certain of the required data are not
available, respondents should contact the appropriate
Reserve Bank for information on submitting revised
reports.
For amended reports, the FBO must submit a newly
signed page 1 and separate ﬁnancial statements for
each subsidiary that is amending its data. The

page(s) containing the detailed listing of subsidiaries
must be completed, attached to page 1 and a printout
of the data submitted and placed in the FBO’s ﬁles.
The page(s) containing the detailed listing of subsidiaries should not be submitted to the Reserve Bank.

Deﬁnitions
Respondents should refer to the Glossary of the
Instructions for the Consolidated Financial Statements
for Bank Holding Companies (FR Y-9C) for information concerning general deﬁnitions.
For purposes of this report, related organizations
include (1) any organization that directly or indirectly
controls the reporting nonbank subsidiary, (2) any
organization that is controlled directly or indirectly by
the reporting nonbank subsidiary, or (3) any organization that is controlled directly or indirectly by any FBO
that controls the reporting subsidiary (i.e., if more than
one FBO directly or indirectly controls the reporting
nonbank subsidiary, then all organizations directly or
indirectly controlled by each FBO is considered related
regardless of whom submits this report). In addition,
for purposes of this report related organizations
include all associated companies.
Nonrelated organizations include all organizations
that do not meet the deﬁnition of “related organizations.” Nonrelated organizations include all organizations outside of the FBO structure and refer to third
party entities.

Miscellaneous General Instructions
Rounding
All ﬁnancial items must be reported in thousands of
dollars, with the ﬁgures rounded to the nearest thousand. Items less than $500 should be reported as zero.

Negative Entries
Negative entries are generally not appropriate on the
FR Y-7N/FR Y-7NS reports and should not be
reported unless the line item instructions allow it.
Hence, assets with credit balances should be reported
in liability items and liabilities with debit balances
should be reported in asset items, as appropriate, and
in accordance with these instructions.

GEN-6
June 2012

FR Y-7N and FR Y-7 NS

General Instructions

For items where negative entries are allowed, paper
ﬁlers should enclose negative amounts in parentheses
or report with a minus (−) sign. Electronic ﬁlers should
report negative amounts with a minus (−) sign.

iaries if the FR Y-7N/FR Y-7NS report is not sufficient to appraise the ﬁnancial soundness of the nonbank subsidiary or to determine its compliance with
applicable laws and regulations.

Additional Information
The Federal Reserve System reserves the right to
require additional information from nonbank subsid-

GEN-7
FR Y-7N and FR Y-7 NS

June 2012

General Instructions

General Criteria Chart for FR Y-7N/FR Y-7NS
See General Instructions for more detail.
Quarterly Filers
Detailed Report
(FR Y-7N)

Annual Filers
Detailed Report
(FR Y-7N)

Annual Filers
Abbreviated Report
(FR Y-7NS)

Exemptions
No report required

1) Nonbank total assets are greater
than or equal to $1 billion or
2) Nonbank’s off-balance-sheet
activities are greater than or
equal to $5 billion

Nonbank does not meet any of
the quarterly ﬁling criteria and its
total assets are greater than or
equal to $500 million but less than
$1 billion

Nonbank does not meet any of
the FR Y-7N ﬁling criteria and its
total assets are greater than or
equal to $250 million but less than
$500 million

Nonbank does not meet any of the
FR Y-7NS criteria and
1) Nonbank total assets are less
than $250 million or
2) Speciﬁc exemption (see exemption list in General Instructions)

GEN-8
December 2013

FR Y-7N and FR Y-7 NS

LINE ITEM INSTRUCTIONS FOR

Income Statement
Schedule IS

General Instructions
Report all income and expense of the subsidiary for the
calendar year-to-date. Include adjustments of accruals
and other accounting estimates made shortly after the
end of a reporting period that relate to the income and
expense of the reporting period. A subsidiary that
began operating during the reporting period should
report all income earned and expense incurred since it
commenced operations and all pre-opening income
earned and expenses incurred from inception until that
date.
For entities that have adopted Accounting Standards
Update No. 2016-13 (ASU 2016-13), which governs
the accounting for credit losses, when the fair value
option has been applied to an acquired loan or debt
security under ASC 326-20, “Financial InstrumentsCredit Losses - Measured at Amortized Cost", interest
income on the loan or debt security should be measured in accordance with Subtopic 310-10, “Receivables
- Overall”, regardless of whether or not management
has determined the asset to be purchased credit deteriorated (PCD).”
Line Item 1 Interest income.
Report in the appropriate subitem all interest, fees and
similar income received by the subsidiary from nonrelated organizations (associated with assets reported in
Lines 1 through 7 on Schedule BS) in item 1(a) and on
balances due from related organizations in item 1(b).
Include income resulting from interest earned on loans
and leases (including related fees); income on balances
due from depository institutions; interest and dividends on securities; interest from assets held in trading
accounts; interest on federal funds sold and securities
purchased under agreements to resell; and any other
interest income received by the subsidiary. When yield
related fees are collected in connection with a loan syn-

dication or participation and passed through to
another lender, report only the subsidiary’s proportional share of such fees.
For 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 (see the Note
preceding the instructions for Schedule IS, item 8(b),
include dividend income on equity securities with readily determinable fair values not held for trading that are
reportable in Schedule BS, item 2(c).
For entities that have adopted ASU 2016-13, which
governs the accounting for credit losses, the purchase
premiums and discounts on loans held for investment
that management has determined to be PCD and are
measured at amortized cost, should be adjusted to
exclude the acquisition date allowance for credit loss
from the amortized cost basis of the loans.
Deduct interest rebated to customers on loans paid
before maturity from gross interest earned on loans; do
not report as an expense. Exclude from this item:

(1) fees that are not yield related such as fees for servicing real estate mortgage or other loans which
are not assets of the subsidiary (report in
item 5(a)(6));
(2) net gains or losses from the sale of assets (report
in item 5 or 7, as appropriate);
(3) charges to merchants for handling credit card or
charge sales when the subsidiary does not carry
the related loan accounts on their books (report
in item 5 below); and
(4) reimbursements for out-of-pocket expenditures
made by the subsidiary for the account of its
customers. If the subsidiary’s expense accounts
IS-1

FR Y-7N

March 2019

Schedule IS

were charged with the amount of such expenditures, the reimbursements should be credited to
the same expense accounts.
Line Item 1(a) Interest and fee income from
nonrelated organizations.
Report all interest, fees, and similar income from nonrelated organizations.
Line Item 1(b) Interest and fee income from related
organizations.
Report all interest, fees, and similar income from
related organizations. Exclude any noninterest income
and income from undistributed earnings of related
organizations (report in item 5(b)). Include dividends
declared or paid by subsidiaries.
Line Item 1(c) Total interest income.
Report the sum of items 1(a) and 1(b).
Line Item 2 Interest expense.
Report in the appropriate subitem the total amount of
interest expense of the subsidiary pertaining to nonrelated organizations in item 2(a) and pertaining to
related organizations in item 2(b). Include expenses on
deposits, on federal funds purchased and securities
sold under agreements to repurchase, on shortand
long-term borrowings, on subordinated notes and
debentures, on mandatory securities, on mortgage
indebtedness and obligations under capitalized leases,
and all other interest expense.
Line Item 2(a) Interest expense pertaining to
nonrelated organizations.
Report all interest expense pertaining to nonrelated
organizations.
Line Item 2(b) Interest expense pertaining to related
organizations.
Report all interest expense pertaining to related
organizations.
Line Item 2(c) Total interest expense.
Report the sum of items 2(a) and 2(b).
Line Item 3 Net interest income.
Report the difference between item 1(c), “Total interest
income,” and item 2(c), “Total interest expense.” If this

amount is negative, paper ﬁlers should enclose it in
parentheses or report with a minus (−) sign. Electronic
ﬁlers should report negative amounts with a minus (−)
sign.
Line Item 4 Provision for loan and lease losses.
Entities that have not adopted ASU 2016-13 should
report the amount needed to make the allowance for
loan and lease losses, as reported in Schedule BS,
item 3(b), adequate to absorb expected loan and lease
losses, based upon management’s evaluation of the
subsidiary’s current loan and lease exposures. The
amount reported must equal Schedule IS-B, item 4
column A, “Provision for credit losses.”
Entities that have adopted ASU 2016-13, which governs the accounting for credit losses, report the amount
expensed as the provisions for credit losses, during the
calendar year-to-date. The provisions for credit losses
represents the amount appropriate to absorb estimated
credit losses over the life of the financial assets
reported at amortized cost within the scope of the
standard. Exclude the initial allowances established on
the purchase of credit-deteriorated (PCD) financial
assets, which are recorded at acquisition as an adjustment to the amortized cost basis of the asset. The
amount reported in this item must equal Schedule IS-B, item 4, columns A through C plus Schedule IS-B, Memorandum item 1. Report negative
amounts with a minus (-) sign.
Exclude provision for credit losses on off-balance-sheet
credit exposures and provision for allocated transfer
risk, both of which should be reported in item 7,
“Noninterest expense.” The amount reported here may
differ from the bad debt expense deduction taken for
federal income tax purposes.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 5 Noninterest income.
Report in the appropriate subitem all other income not
properly reported in item 1(c), “Total interest income”
that is derived from activities in which the subsidiary is
engaged. Report noninterest income from nonrelated
organizations in item 5(a) and from related organizations in item 5(b). Also, a subsidiary may include as

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other noninterest income in item 5(a)(7) or 5(b) below
net gains (losses) from the sale of loans and certain
other assets as long as the subsidiary reports such
transactions on a consistent basis.
Line Item 5(a) From nonrelated organizations.
Report all income earned from nonrelated organizations in the appropriate item.
Line Item 5(a)(1) Income from ﬁduciary activities.
Report gross income from services rendered by the
trust department of the subsidiary or the subsidiary
acting in any ﬁduciary capacity. Include commissions
and fees on the sale of annuities by these entities that
are executed in a ﬁduciary capacity. Report “N/A” if
the subsidiary has no trust departments or renders no
services in any ﬁduciary capacity.
Line Item 5(a)(2) Service charges on deposit accounts.
Report the amounts charged depositors:
(1) Who maintain accounts with the subsidiary or
who fail to maintain speciﬁed minimum deposit
balances;
(2) Based on the number of checks drawn on and
deposits made in deposit accounts;
(3) For checks drawn on “no minimum-balance”
deposit accounts;
(4) For withdrawals from nontransaction deposit
accounts;
(5) For accounts which have remained inactive for
extended periods of time or which have become
dormant;
(6) For deposits to or withdrawals from deposit
accounts through the use of automated teller
machines or remote service units;
(7) For the processing of checks drawn against insufficient funds. Exclude subsequent charges levied
against overdrawn accounts based on the length
of time the account has been overdrawn and
report the interest as interest and fee income in
line 1 above;
(8) For issuing stop payment orders;
(9) For certifying checks; and

(10) For accumulation or disbursement of funds
deposited to IRA or Keogh Plan accounts when
not handled by the trust department of the subsidiary. If the account is handled by the subsidiary’s trust department, include the charges in line
5(a)(1) above.
Line Item 5(a)(3) Trading revenue.
Report the net gain or loss from trading cash instruments and derivative contracts (including commodity
contracts) that has been recognized during the calendar year-todate. If this amount is negative, paper ﬁlers
should enclose it in parentheses or report with a minus
(−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Include as trading revenue:
(1) Revaluation adjustments to the carrying value of
assets and liabilities reportable in Schedule BS,
item 4, “Trading assets,” and Schedule BS,
item 11, “Trading liabilities,” resulting from the
periodic marking to market of such instruments;
(2) Revaluation of adjustments from the periodic
marking to market of interest rate, foreign
exchange, equity derivative, commodity and other
contracts held for trading; and
(3) Realized gains and losses and other income and
expenses resulting from the sale and purchase of
all assets and liabilities held in the trading
account.
Exclude trading revenue from transactions with related
organizations. Report such revenue in item 5(b).
Line Item 5(a)(4) Investment banking, advisory,
brokerage, and underwriting fees and commissions.
Report fees and commissions from 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, and from
the purchase and sale of securities and money market
instruments where the subsidiary is acting as agent for
other subsidiaries or customers (if these fees and commissions are not included in item 5(a)(1), “Income
from ﬁduciary activities,” or item 5(a)(3), “Trading
revenue”).
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Also include the subsidiary’s proportionate share of
the income or loss before discontinued operations and
other adjustments from its investments in corporate
joint ventures, unincorporated joint ventures, general
partnerships, and limited partnerships over which the
subsidiary exercises signiﬁcant inﬂuence that are principally engaged in investment banking, advisory, brokerage, or securities underwriting activities.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 5(a)(5) 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). Include any fee income from
venture capital activities that is not reported in one of
the preceding income items. Also include the subsidiary’s proportionate share of the income or loss before
discontinued operations and other adjustments from
its investments in corporate joint ventures, unincorporated joint ventures, general partnerships, and limited
partnerships over which the subsidiary exercises
signiﬁcant inﬂuence that are 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.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 5(a)(6) 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. Subsidiaries should report servicing income net
of the related servicing assets’ amortization expense.
Include impairments recognized on servicing assets.

For further information on servicing, see the FR Y-9C
Glossary entry for “servicing assets and liabilities.”
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 5(a)(7) 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 subsidiary’s
securitization transactions and unrealized losses (and
recoveries of unrealized losses) on loans and leases
held for sale in securitization transactions. Exclude
income from servicing securitized assets (report in
item 5(a)(6), above) and from seller’s interests and
residual interests retained by the subsidiary (report in
the appropriate subitem of item 1, “Interest income”).
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 5(a)(8) Insurance commissions and fees.
Report income from insurance activities (includes premiums and supplemental contracts); service charges,
commissions, and fees from the sale of insurance; commissions on reinsurance; and other insurance related
income. Also include the subsidiary’s proportionate
share of the income or loss before discontinued operations and other adjustments from its investments in
corporate joint ventures, unincorporated joint ventures, general partnerships, and limited partnerships
over which the subsidiary exercises signiﬁcant inﬂuence
that are principally engaged in insurance underwriting,
reinsurance, or insurance sales activities. Exclude commissions and fees on the sale of annuities and report in
item 5(a)(9).
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 5(a)(9) Fees and commissions from annuity
sales.
Report fees and commissions from sales of annuities
(ﬁxed, variable, and other) by the nonbank subsidiary

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Schedule IS

and fees earned from customer referrals for annuities
to insurance companies and insurance agencies external to the nonbank subsidiary. Also include management fees earned from annuities. However, exclude fees
and commissions from sales of annuities by the trust
department of the subsidiary or the subsidiary acting
in any ﬁduciary capacity reported in item 5(a)(1),
“Income from ﬁduciary activities.”
Also include the subsidiary’s proportionate share of
the income or loss before discontinued operations and
other adjustments from its investments in corporate
joint ventures, unincorporated joint ventures, general
partnerships, and limited partnerships over which the
subsidiary exercises signiﬁcant inﬂuence that are principally engaged in annuity product underwriting or
sales activities.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 5(a)(10) Other noninterest income.
Report all other noninterest income derived from nonrelated organizations that is not reported above. If this
amount is negative, paper ﬁlers should enclose it in
parentheses or report with a minus (−) sign. Electronic
ﬁlers should report negative amounts with a minus (−)
sign.
Line Item 5(b) From related organizations.
Report all noninterest income derived from related
organizations. Include in this item trading revenue
from transactions with related organizations. Exclude
the parent’s equity in undistributed income of subsidiaries from this item and report in item 11.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.

Line Item 6 Realized gains (losses) on securities not
held in trading accounts.
Report the net gain or loss realized during the calendar
year-to-date from the sale, exchange, redemption, or
retirement of all securities not held in trading accounts.
The realized gain or loss on the security 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 securities for other-than-temporary impairments. If this amount is negative, paper ﬁlers should
enclose it in parentheses or report with a minus (−)
sign. Electronic ﬁlers should report negative amounts
with a minus (−) sign. Do not adjust for applicable
income taxes (income taxes applicable to gains (losses)
on securities are to be included in the applicable
income taxes reported in item 9 below).
For entities 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 IS, item 8(b),
include realized gains (losses) only on available-for-sale
debt securities in item 6. 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 IS, item 8(b).
Entities that have adopted ASU 2016-13, which governs the accounting for credit losses, should adjust the
amortized cost for recoveries of any prior charge-offs
when calculating the realized gain or loss on a security,
such that the recovery of a previously charged off
amount should be recorded before recognizing the
gain. Include in this item any write-off recorded when
the institution intends to sell the debt security, or it is
more likely than not the institution will be required to
sell the security before recovery of its amortized cost
basis.
Exclude:

Line Item 5(c) Total noninterest income.
Report the sum of items 5(a)(1) through 5(a)(10) and
5(b). If this amount is negative, paper ﬁlers should
enclose it in parentheses or report with a minus (−)
sign. Electronic ﬁlers should report negative amounts
with a minus (−) sign.

(1) for entities that have not adopted ASU 2016-01,
the change in net unrealized holding gains (losses)
on available-for-sale debt and equity securities
during the calendar year (report in Schedule IS-A, item 5),
IS-5

FR Y-7N

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Schedule IS

(2) realized gains (losses) on trading securities (report
in Schedule IS, item 5(a)(3)), “Trading revenue,”
(3) net gains (losses) from the sale of detached securities coupons and the sale of ex-coupon securities,
and report in item 7, “Noninterest expense,” or
item 5(a)(10), “Other noninterest income,” as
appropriate,
(4) For entities that have not adopted ASU 2016-01,
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 IS-A, item 5, “Other comprehensive
income”), and
(5) For entities 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 IS-A, item 5,
“Other comprehensive income”).
(6) Entities that have adopted ASU 2016-13 exclude
the allowance recorded through the allowance for
credit losses on available-for-sale securities (report
in Schedule IS, item 4, “Provision for loan and
lease losses” which includes the provisions for
credit losses for all financial assets that fall within
the scope of the standard).
Line Item 7 Noninterest expense.
Report in the appropriate subitem all other expense not
properly reported in item 2(c), “Total interest expense”
that is incurred from activities in which the subsidiary
is engaged. Report noninterest expense pertaining to
nonrelated organizations in item 7(a) and pertaining to
the organization in item 7(b). Also, a subsidiary may
include as other noninterest expense in item 7(a) or
7(b) below net losses (gains) from the sale of loans and
certain other assets as long as the subsidiary reports
such transactions on a consistent basis.
Entities that have adopted ASU 2016-13 should
exclude charge-offs of the cost basis of individual heldto-maturity and available-for-sale securities (report
credit losses in item 4, “Provision for credit losses,” and
report any write-off when the subsidiary intends to sell
the debt security, or when it is more likely than not the
subsidiary will be required to sell the security before
recovery of its amortized cost basis in Schedule IS,

item 6.a, “Realized gains (losses) on securities not held
in trading accounts.”
Line Item 7(a) Pertaining to nonrelated organizations.
Report the amount of noninterest expense of the subsidiary pertaining to activities with nonrelated organizations (i.e., third-party transactions). If the amount
reported in this item is negative, paper ﬁlers should
enclose it in parentheses or report with a minus (−)
sign. Electronic ﬁlers should report negative amounts
with a minus (−) sign.
Report salaries and beneﬁts of all officers and employees of the subsidiary including guards and contracted
guards, temporary office help, dining room and cafeteria employees, and building department officers and
employees (including maintenance personnel). Include
gross salaries, wages, and other compensation; contributions to retirement plan, pension fund and proﬁtsharing plan; employee stock ownership plan,
employee stock purchase plan, and employee savings
plan; social security and other taxes paid by the subsidiary; health and life insurance premiums; relocation
and tuition programs; and the cost of all other fringe
beneﬁts for officers and employees.
Report all noninterest expenses related to the use of
premises, equipment, furniture, and ﬁxtures, net of
rental income, that are reportable in Schedule BS,
item 5, “Premises and ﬁxed assets.” If this net amount
is a credit balance, enclose it in parentheses.
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 subsidiary, including rentals by
regular tenants of the subsidiary, income received from
short-term rentals of other facilities of the subsidiary,
and income from sub-leases. Also deduct income from
assets that indirectly represent premises, equipment,
furniture, or ﬁxtures reportable in Schedule BS, item 5,
“Premises and ﬁxed assets.” Include normal and recurring depreciation and amortization charges against
assets; all operating lease payments made by the subsidiary on premises and equipment; cost of ordinary
repairs to premises (including leasehold improvements), equipment, furniture, and ﬁxtures; cost of service or maintenance contracts for equipment, furniture, and ﬁxtures; insurance expense related to the use
of premises, equipment, furniture, and ﬁxtures; all

IS-6
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property tax and other tax expense related to premises
(including leasehold improvements), equipment, furniture, and ﬁxtures; cost of heat, electricity, water, and
other utilities connected with the use of premises and
ﬁxed assets; cost of janitorial supplies and outside janitorial services; and services and fuel, maintenance, and
other expenses related to the use of the subsidiaryowned automobiles, airplanes, and other vehicles for
the subsidiary’s business.
Include fees paid to directors and advisory directors
for attendance at board of directors or committee
meetings; premiums on ﬁdelity insurance, directors’
and officers’ liability insurance, and life insurance policies for which the subsidiary is the beneﬁciary; federal
deposit insurance premium; Comptroller of the Currency assessment expense; legal fees and other direct
costs incurred in connection with foreclosures; and
advertising, promotional, public relations, and business development expenses; data processing cost;
goodwill impairment losses; amortization expenses of
and impairment losses for other intangible assets; and
all other noninterest expenses pertaining to nonrelated
organizations.
Also report any provision for credit losses related to
off-balance-sheet credit exposures, based upon management’s evaluation of the subsidiary’s current offbalancesheet credit exposures.
Line item 7(b) Pertaining to related organizations.
Report all expenses involving related organizations
that cannot properly be reported in Schedule IS,
item 2(b), “Interest expense pertaining to related organizations.” If this amount is negative, paper ﬁlers
should enclose it in parentheses or report with a minus
(−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 7(c) Total noninterest expense.
Report the sum of items 7(a) and 7(b). If this amount
is negative, paper ﬁlers should enclose it in parentheses
or report with a minus (−) sign. Electronic ﬁlers should
report negative amounts with a minus (−) sign.
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 sum of items 3, 5(c) and 6, minus items 4
and 7(c). If this amount is negative, paper ﬁlers should

enclose it in parentheses or report with a minus (−)
sign. Electronic ﬁlers should report negative amounts
with a minus (−) sign.
Note: Entities that have adopted ASU 2016-13, which
governs the accounting for credit losses, should report
the provisions for credit losses in item 4.
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 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.
Institutions 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 IS-A, item 5, “Other comprehensive income”).
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-7N for March 31, 2018. For
all other institutions, 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, an institution with a calendar year fiscal year that is not a public business entity
must begin to apply ASU 2016-01 in its FR Y-7N 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 DecemIS-7

FR Y-7N

March 2019

Schedule IS

ber 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
year-to-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 fair values not held for trading for which this measurement election is made).
If an institution sells an equity security or other equity
investment, but had not yet recorded the change in
value to the point of sale since the last value change
was recorded, include the change in value of the equity
security or other equity investment to the point of sale
in this item.
Line Item 8(c) Income (loss) before applicable income
taxes and discontinued operations
Report the institution's pretax income from continuing
operations as the sum of Schedule IS, 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 IS, 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 (beneﬁts)
(estimated).
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., available-for-sale securities and held-to-maturity
securities). Include both the current and deferred portions of these income taxes. If this amount is negative
(i.e., the amount is a tax beneﬁt rather than a tax
expense), paper ﬁlers should enclose the amount in

parentheses or report with a minus (−) sign. Electronic
ﬁlers should report negative amounts with a minus (−)
sign.
Include as applicable income taxes all taxes based on a
net amount of taxable revenue less deductible
expenses. Exclude the estimated income taxes applicable to foreign currency translation adjustments
included in Schedule IS-A, item 5. Exclude from applicable income taxes all taxes based on gross revenues or
gross receipts.
Also 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 IS
item 8 “Income (loss) before applicable income taxes
and discontinued operations.”
Line Item 10 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 it with a minus (−) sign.
Line Item 11 Equity in undistributed income (loss) of
subsidiary(s).
Report the amount of the parent subsidiary’s proportionate interest in the subsidiary’s(s’) net income (loss)
less any dividends declared by the subsidiary(s) for the
calendar year-to-date. Report dividends in item 1(b).
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 12 Net income (loss).
Report the sum of items 8, 10, and 11 minus item 9. If
this amount is negative, paper ﬁlers should enclose it in
parentheses or report with a minus (−) sign. Electronic
ﬁlers should report negative amounts with a minus (−)
sign. This item must equal Schedule IS-A, Changes in
Equity Capital, item 2, “Net income.”

IS-8
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Memorandum
Memorandum item 1 is to be completed by nonbank subsidiaries that have elected to account for ﬁnancial instruments or servicing assets and liabilities at fair value
under a fair value option.
Memorandum item 1 is to be completed by subsidiaries that have adopted ASC Topic 820, Fair Value Measurements and Disclosures (formerly FASB Statement
No. 157, Fair Value Measurements), and have elected to
report certain assets and liabilities at fair value with
changes in fair value recognized in earnings in accordance with 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)). This
election is generally referred to as the fair value option.
If the subsidiary 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 IS, not
as part of the reported change in fair value of these
assets and liabilities for the year-todate. The subsidiary
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 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 Subtopic. 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.
Revaluation adjustments, excluding amounts reported
as interest income and interest expense, to the carrying
value of all assets and liabilities reported in Schedule BS at fair value under a fair value option (excluding
servicing assets and liabilities reported in Schedule BS,
item 7, “All other assets,” and Schedule BS, item 14,
“Other liabilities,” respectively, and trading assets and
trading liabilities reported in Schedule BS, item 4,
“Trading assets,” and Schedule BS, item 11, “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 IS, item 5(a)(10). assets and liabilities to fair
value should be reported as “Other noninterest
income” in Schedule IS, item 5(a)(10).
Line Item 1 Net change in fair values of ﬁnancial
instruments accounted for under a fair value option.
Report the net change in fair values of all ﬁnancial
instruments that the subsidiary has elected to account
for under the fair value option that is included in Sched
ule IS, items 5.a.(3), “Trading revenue,” 5.a.(6), “Net
servicing fees,” 5.a.(10), “Other noninterest income,”
and 5(b), “From related organizations.”
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.

IS-9
FR Y-7N

September 2011

LINE ITEM INSTRUCTIONS FOR

Changes in Equity Capital
Schedule IS-A

General Instructions
Total 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, other than the amount reported in item 1,
should represent net aggregate changes for the calendar year-to-date. Enclose all net decreases and losses
(net reductions of equity capital) in parentheses.
Paper ﬁlers should enclose all net decreases and losses
(net reductions of equity capital) in parentheses or
report with a minus (−) sign. Electronic ﬁlers should
report all net decreases and losses (net reductions of
equity capital) with a minus (−) sign.

Line Item 3 Sale, conversion, acquisition, or retirement
of common stock and perpetual preferred stock.
Report the changes in the subsidiary’s total equity
capital resulting from the sale, conversion, acquisition,
or retirement of the subsidiary’s capital stock.
Limited-life preferred stock is not included in equity
capital.
Report the total amount of new capital stock issued,
net of any expenses associated with the issuance of the
stock.
Report the changes in the subsidiary’s total equity
capital resulting from:
(1) Sale of the subsidiary’s perpetual preferred stock
or common stock;
(2) Exercise of stock options, including:

Line Item 1 Equity capital most recently reported for
the end of the previous calendar year (i.e., after
adjustments from amended Income Statements).
Report the subsidiary’s total equity capital balance
most recently reported for the previous calendar yearend after the ﬁling of any amended report(s). Include
the cumulative effect, net of applicable income taxes, of
those changes in any accounting principles adopted
during the calendar year-to-date reporting period that
were applied retroactively and for which prior years’
ﬁnancial statements were restated. Also, include the
sum of all corrections, net of applicable income taxes,
resulting from material accounting errors that were
made in prior years and not corrected by the ﬁling of
an amended report for the period in which the error
was made.
Line Item 2 Net income (loss).
Report the net income (loss) for the calendar year-todate as reported on the Income Statement, item 12,
“Net income (loss).”

(a) Any income tax beneﬁts to the subsidiary
resulting from the sale of the subsidiary’s
own stock acquired under a qualiﬁed stock
option within three years of its purchase by
the employee who had been granted the
option; and
(b) Any tax beneﬁts to the subsidiary resulting
from the exercise (or granting) of
nonqualiﬁed stock options (on the subsidiary’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) The conversion of convertible debt, limited-life
preferred stock, or perpetual preferred stock into
perpetual preferred or common stock;
(4) Redemption of perpetual preferred stock or common stock;
(5) Retirement of perpetual preferred stock or common stock including:
IS-A-1

FR Y-7N

March 2010

Schedule IS-A

(c) The net decrease in equity capital which
occurs when cash is distributed in lieu of
fractional shares in a stock dividend;
(d) 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; and
(6) Capital-related transactions involving the subsidiary’s Employee Stock Option Plan.
Line Item 4 LESS: Cash dividends declared.
Report all cash dividends declared during the calendar
year-to-date, including dividends on common and preferred stock. Include dividends not payable until after
the report date. Exclude dividends declared during the
previous calendar year but paid in the current period.
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 subsidiary’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.”
A liability for dividends payable may not be accrued in
advance of the formal declaration of a dividend by the
boards of directors. However, the subsidiary may segregate a portion of retained earnings in the form of a
capital reserve in anticipation of the declaration of a
dividend.
Line Item 5 Other comprehensive income.
Report the amount of other comprehensive income for
the calendar year-to-date. Other comprehensive

income includes changes during the calendar year-todate in net unrealized holding gains (losses) on
available-for-sale securities, accumulated net gains
(losses) on cash ﬂow hedges, foreign currency translation adjustments, and minimum pension liability
adjustments. Refer to the FR Y-9C instructions and
ASC Subtopic 220-10, Comprehensive Income – Overall (formerly FASB Statement No. 130, Reporting Comprehensive Income) for additional information on
reporting this item.
Line Item 6 Other adjustments to equity capital.
Report all adjustments to equity capital that are not
properly reported in items 1 through 5 above. This item
should include:
(1) changes incident to business combinations;
(2) sales of treasury stock (the resale or the disposal
on the subsidiary’s own perpetual preferred stock
or common stock, i.e., treasury stock
transactions);
(3) LESS: Purchases of treasury stock (the resale or
the disposal on the subsidiary’s own perpetual
preferred stock or common stock, i.e., treasury
stock transactions);
(4) change in offsetting debit to the liability for
Employee Stock Ownership Plan (ESOP) debt
guaranteed by the subsidiary;
(5) contributions and distributions to and from partners or limited liability company (LLC) shareholders when the company is a partnership or an
LLC; and
(6) capital contributions not in the form of stock.
Line Item 7 Total equity capital at end of current
period.
Report the sum of items 1, 2, 3, 5, and 6, minus item 4.
This item must equal Schedule BS, Balance Sheet
item 18(g), “Total equity capital.”

IS-A-2
December 2013

FR Y-7N

LINE ITEM INSTRUCTIONS FOR

Changes in Allowance for Credit
Losses
Schedule IS-B

General Instructions
This schedule has three columns for information on the
allowances for credit losses, one for each of the following asset types: 1) loans and leases held for investment
(Column A), 2) held-to-maturity debt securities (Column B), and 3) available-for-sale debt securities (Column C).
Entities that have not adopted ASU 2016-13, which
governs the accounting for credit losses, report the reconcilement of the allowance for loan and lease losses
on a calendar year-to-date basis in column A. Leave
columns B and C blank. Entities that have adopted
ASU 2016-13 report changes in the allowances for
credit losses for loans and leases held for investment,
held-to-maturity debt securities and available-for-sale
debt securities in the applicable columns.
Report all changes in the allowance account on a yeartodate basis. When the subsidiary maintains an allowance for possible loan and lease losses, report all related
transactions and reconcile, beginning with the balance
reported at the end of the previous year, to the balance
of the allowance shown in Schedule BS, Balance Sheet,
Item 3(b), as of the end of the current period. The provision for possible loan and lease losses should correspond to the amount reported in Schedule IS, item 4,
“Provision for loan or lease losses.” Exclude transactions pertaining to reserves carried in capital accounts,
such as reserves for contingencies that represent a segregation of undivided proﬁts. Also exclude any allowance for credit losses on off-balance-sheet exposures.
Line Item 1 Balance most recently reported at end of
previous calendar year.
Entities that have not adopted ASU 2016-13, include
in column A the ending balance as most recently
reported for the prior year end in the allowance for
possible loan and lease losses account. The amount

must reﬂect 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.
Line Item 2 Recoveries.
Entities that have not adopted ASU 2016-13, report
the amount credited to the allowance for loan and lease
losses for recoveries during the calendar year-to-date
on amounts previously charged against the allowance
for loan and lease losses.
Entities that have adopted ASU 2016-13, report the
amount credited to the allowance for credit losses for
recoveries during the calendar year-to-date on
amounts previously charged against the allowance for
credit losses.
Line Item 3 Less: Charge-offs.
Entities that have not adopted ASU 2016-13, report the
amount of all loans and leases charged against the
allowance for loan and lease losses during the calendar
year-to-date.
Entities that have adopted ASU 2016-13, report the
amount charged against the allowance for credit losses
during the calendar year-to-date.
Line Item 4 Provision for loan and lease losses.
Entities that have not adopted ASU 2016-13, report
the amount expensed as the provision for loan and
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 current
loan and lease exposures. The amount reported in this
item must equal Schedule IS, item 4. If the amount
IS-B-1

FR Y-7N

March 2019

Schedule IS-B

reported in this item is negative, report it with a minus
(-) sign.
Entities that have adopted ASU 2016-13 should report
in the appropriate column the amount expensed as the
provision for credit losses during the calendar year-todate. The provisions for credit losses represents the
amount appropriate to absorb estimated credit losses
over the life of the financial assets reported at amortized cost within the scope of the standard. The
amount reported in this item must equal Schedule IS,
item 4. If the amount reported in this item is negative,
report it with a minus (-) sign.
Line Item 5 Adjustments.
Include any increase or decrease resulting from foreign
currency translation of the allowance for possible loan
and lease losses into dollars. If this amount is negative,
paper ﬁlers should enclose it in parentheses or report
with a minus (−) sign. Electronic ﬁlers should report
negative amounts with a minus (−) sign.

Line Item 6 Balance at end of current period.
Enter the total of items 1, 2, 4, and 5, minus item 3.
This item must equal Schedule BS, item 3(b), “Allowance for Loan and Lease Losses.”

Memoranda
Line Item M1 Provisions for credit losses on other
financial assets measured at amortized cost (not
included in item 4).
Report in this line item provisions related to allowances
for credit losses on financial assets measured at amortized cost, included in Schedule IS, item 4, other than
loans, leases, held-to-maturity debt securities and
available-for-sale debt securities. Provisions for credit
losses (or reversals of provisions) on these other financial assets measured at amortized cost represent the
amounts necessary to adjust the related allowances for
credit losses at the quarter-end report date for management’s current estimate of expected credit losses on
these assets.

Entities that have not adopted ASU 2016-13, report in
column A of in this item as a negative the balance of
the allowance for loan and lease losses most recently
reported for the end of the previous calendar year.

Exclude provisions for credit losses on off-balance
sheet credit exposures, which are reported in Schedule IS item 7, “noninterest expense.”

Entities that have adopted ASU 2016-13, report in the
appropriate columns for this item as a negative the balance of the allowances for credit losses on financial
assets that are not determined by management to be
PCD most recently reported for the end of the previous
calendar year. For those assets determined by management to be PCD, the allowances for credit losses as of
the acquisition date should then be reported as a positive number in the appropriate columns for this line
item.

Line Item M2 Allowances for credit losses on other
assets measured at amortized cost (not included in
memorandum item 1 above).
Report in this line item total allowances related to
credit losses on financial assets measured at amortized
cost other than loans, leases, held-to-maturity debt
securities and available-for-sale debt securities that are
associated with the provisions reported in memorandum item 1, above.

IS-B-2
January 2020

FR Y-7N

LINE ITEM INSTRUCTIONS FOR

Balance Sheet and
Off-Balance-Sheet Items
Schedule BS

Assets
Items 1 through 8 exclude balances due from related
institutions (see deﬁnition in the General Instructions).
Report balances due from related institutions in item 9.
Line Item 1 Cash and balances due from depository
institutions.
Report the total of non-interest bearing and interestbearing balances due from depository institutions, currency and coin, cash items in process of collection and
unposted debits.
Depository institutions consist of commercial banks in
the United States, credit unions, mutual and stock savings banks, savings or building and loan associations,
cooperative banks, industrial banks that accept deposits, U.S. branches and agencies of foreign banks, and
banking organizations in foreign countries.
Balances due from depository institutions include:
(1) Noninterest-bearing funds on deposit at depository institutions for which the reporting company
has already received credit; and
(2) 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 deposits held
for trading.
Exclude balances with closed or liquidating banks or
other depository institutions and all loans (report in
item 3 below). Also exclude balances due from subsidiary banks (and their branches) of the reporting bank
holding company (report in item 9 below).
Cash and due from balances include:
(1) Cash items in the process of collection that
include the following:

(a) Checks or drafts in the process of collection
that are drawn on banking institutions, and
payable immediately upon presentation,
including checks or drafts already forwarded
for collection and checks on hand which will
be presented for payment or forwarded for
collection on the following business day in
the country where the reporting office that is
clearing or collecting the check or draft is
located;
(b) Government checks that are 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) Checks or warrants that are drawn on a foreign government that are payable immediately upon presentation and that are in the
process of collection; and
(d) Amounts credited to deposit accounts in
connection with automatic payment
arrangements where such credits are made
one business day prior to the payment date
to ensure the availability of funds on the
payment date; and
(2) Unposted debits are cash items in the reporting
organization’s possession drawn on itself that are
chargeable, but have not yet been charged to the
general ledger deposit control account at the close
of business on 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 item 7, “All
other assets”). However, if the reporting organization has been notiﬁed that they have been given
BS-1

FR Y-7N

March 2019

Schedule BS

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; and
(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 such drafts as loans in the appropriate line
item; if the drafts were received on a collection
basis, exclude them entirely until the funds have
actually been collected.)
Line Item 2 Securities.
Report the amount of U.S. Treasury securities, U.S.
government agency and corporation obligations, securities issued by states and political subdivisions in the
U.S., and all other debt and equity securities with readily determinable fair values. Also, include as debt securities all holdings of commercial paper. Report held-tomaturity securities in item 2(a) and available-for-sale
securities in item 2(b), and equity securities in 2(c).
Exclude equity securities that do not have readily
determinable fair values and report these equity securities in item 7, “All other assets.”
ASC Topic 320, Investments-Debt and Equity Securities (formerly FASB Statement No. 115, Accounting for
Certain Investments in Debt and Equity Securities),
requires depository institutions to divide their securities holdings among three categories: held-to-maturity,
available-for-sale, and trading securities. This accounting standard provides a different accounting treatment
for each category. Under ASC Topic 320, only those
debt securities for which an institution has the positive
intent and ability to hold to maturity may be included
in the held-to-maturity account, and the institution
would continue to account for these debt securities at
amortized cost.
Securities in the available-for-sale category under ASC
Topic 320 are those securities for which an institution
does not have the positive intent and ability to hold to
maturity, yet does not intend to trade as part of its
trading account. Report available-for-sale securities at
fair value, and report unrealized holding gains (losses)
on these securities, net of the applicable tax effect, as a
separate component of equity capital in Schedule BS,

item 18(d), “Accumulated other comprehensive
income.”
Trading securities are debt and equity securities that an
institution buys and holds principally for the purpose
of selling in the near term. Report trading securities at
fair value (generally, market value), and report unrealized changes in value (appreciation and depreciation)
directly in the income statement as a part of earnings.
Exclude all trading securities from this item and report
trading securities in Schedule BS, item 4, “Trading
assets.”
Line Item 2(a) Held-to-maturity securities.
Report the amortized cost of held-to-maturity
securities.
Entities that have adopted ASU 2016-13, which governs the accounting for credit losses, report the amortized cost net of any applicable allowance for credit
losses.
Line Item 2(b) Available-for-sale securities.
Report the fair value of available-for-sale sheld for
investment
NOTE: Item 2(c) 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, including investment in mutual funds,
and eliminates the concept of available-for-sale 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, 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.
Institutions 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 BS, item 2(b).

BS-2
March 2019

FR Y-7N

Schedule BS

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-7N for March 31, 2018. For
all other institutions, 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, an institution with a calendar year fiscal year that is not a public business entity
must begin to apply ASU 2016-01 in its FR Y-7N 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.

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.

Line Item 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 investor, although it may be redeemable at the option of the issuer.

Exclude from equity securities with readily determinable fair values not held for trading:

According to ASC Topic 321, the fair value of an
equity security is readily determinable if sales prices or
bid-and-asked quotations are currently available on a
securities exchange registered with the U.S. Securities
and Exchange Commission (SEC) or in the over-thecounter market, provided that those prices or quotations for the over-the-counter 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

Investments in mutual funds and other equity securities with readily determinable fair values may have
been purchased by the reporting institution 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).

(1) Paid-in stock of a Federal Reserve Bank.
(2) Stock of a Federal Home Loan Bank.
(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).
(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.
(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.
(6) Participation certificates issued by a Federal
Intermediate Credit Bank, which represent nonvoting stock in the bank.
BS-3

FR Y-7N

June 2018

Schedule BS

(7) Minority interests held by the reporting institution in any companies not meeting the definition
of associated company, except minority holdings
that indirectly represent bank premises , or other
real estate owned.
(8) Equity holdings in those corporate joint ventures
over which the reporting institution does not
exercise significant influence, except equity holdings that indirectly represent bank premises.
(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.

Line Item 4 Trading assets.
Subsidiaries that (a) regularly underwrite or deal in
securities, interest rate contracts, foreign exchange rate
contracts, other commodity and equity derivative contract, other ﬁnancial instruments, and other assets for
resale, (b) acquire or take 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) acquire or
take positions in such items as an accommodation to
customers or for other trading purposes shall report in
this item the value of such assets or positions on the
report date. Assets and other ﬁnancial instruments held
for trading shall be valued at fair value.
Assets held in trading accounts include, but are not
limited to:

Line Item 3 Loans and lease ﬁnancing receivables
(including federal funds sold).

(1) U.S. Treasury securities;

Line Item 3(a) Loans and leases, held for investment
and held for sale.
Report the aggregate book value of all loans and leases
of the subsidiary, held for investment and held for sale,
before the deduction of the “Allowance for loan and
lease losses,” (report in item 3(b)). This item must equal
Sched ule BS-A, item 6. See Schedule BS-A, “General
Instructions,” for further detail.

(3) Securities issued by states and political subdivisions in the U.S.;

(2) U.S. government agency and corporation
obligations;

(4) Securities of all foreign governments and official
institutions;
(5) Equity securities;
(6) Other bonds, notes, and debentures;
(7) Certiﬁcates of deposit;

Line Item 3(b) 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) for the subsidiary. Entities that
have adopted ASU 2016-13, which governs the
accounting for credit losses, report the allowance for
credit losses. For further information, see the
FR Y9C Glossary entry for “allowance for credit
losses.” Exclude any allowance for loan and lease losses
on loans and leases with related institutions.
Line Item 3(c) Loan and lease ﬁnancing receivables,
held for investment and held for sale, net of the
allowance for loan and lease losses.
Report the amount derived by subtracting
item 3(b) from item 3(a).

(8) Commercial paper;
(9) Bankers acceptances; and
(10) Revaluation gains from derivative contracts.
Line Item 5 Premises and ﬁxed assets (including
capitalized leases).
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. Any method of depreciation or
amortization conforming to generally accepted
accounting principles may be used.
Include as premises and ﬁxed assets:
(1) Premises that are actually owned and occupied
(or to be occupied, if under construction) by the
subsidiary;

BS-4
March 2019

FR Y-7N

Schedule BS

(2) Leasehold improvements, vaults, and ﬁxed
machinery and equipment;
(3) Remodeling costs to existing premises;
(4) Real estate acquired and intended to be used for
future expansion;
(5) Parking lots that are used by customers or
employees of the subsidiary;
(6) Furniture, ﬁxtures, and movable equipment of the
subsidiary;
(7) Automobiles, airplanes, and other vehicles owned
by the subsidiary and used in the conduct of its
business;
(8) The amount of capital lease property (with the
subsidiary as lessee), premises, furniture, ﬁxtures,
and equipment; and
(9) Stocks and bonds issued by nonmajority-owned
corporations whose principal activity is the ownership of land, buildings, equipment, furniture, or
ﬁxtures occupied or used (or to be occupied or
used) by the subsidiary;
Property formerly but no longer used for subsidiary
activities may be reported in this item as “Premises and
ﬁxed assets” or in item 6, “Other real estate owned.”
Exclude from premises and ﬁxed assets:
(1) Original paintings, antiques, and similar valuable
objects (report in item 7, “All other assets”);
(2) Favorable leasehold rights (report in Schedule BS-M, item 3(e), “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 subsidiary (report in item 3(a)
“Loans and lease ﬁnancing receivables, held for
investment and held for sale”).
Line Item 6 Other real estate owned.
Report the book value (not to exceed the fair value),
less accumulated depreciation, if any, of all real estate
other than premises actually owned by the subsidiary.

Exclude any property necessary for the conduct of
banking business (report in item 5 above, “Premises
and ﬁxed assets”). Property formerly but no longer
used for subsidiary activities may be reported in this
item or in item 5 above.
Include as other real estate owned:
(1) 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 subsidiary has not yet received title to
the property;
(2) Real estate collateral underlying a loan when the
subsidiary has obtained physical possession of
the collateral, regardless of whether formal fore
closure proceedings have been instituted against
the borrower;
(3) 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);
(4) Any real estate acquired, directly or indirectly, by
the subsidiary and held for development or other
investment purposes;
(5) Real estate acquisition, development, or construction (ADC) arrangements that 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 1, ADC
Arrangements);
(6) Real estate acquired and held for investment by
the subsidiary that has been sold under contract
and accounted for under the deposit method in
accordance with ASC Subtopic 360-20;
(7) Any other loans secured by real estate and
advanced for real estate acquisition, development,
or investment purposes if the reporting subsidiary
in substance has virtually the same risks and
potential rewards as an investor in the borrower’s
real estate venture;
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Schedule BS

(8) Investments in corporate joint ventures, unincorporated joint ventures, and general or limited
partnerships that are primarily engaged in the
holding of real estate for development, resale, or
other investment purposes and over which the
subsidiary does not exercise signiﬁcant inﬂuence.
For institutions that have adopted ASU 2016-01
(see the Note preceding the instructions for
Schedule BS, item 2(c), report such investments at
(i) fair value or (ii) if chosen by the reporting
institution 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; and
(9) Property originally acquired for future expansion
but no longer intended to be used for that
purpose.
Line Item 7 All other assets.
Report all other assets held by the respondent subsidiary that cannot be properly included in any of the preceding items. Include investments in nonrelated companies, customers’ liability on acceptances
outstanding, goodwill, and intangible assets. Also
report income earned but not collected, prepaid
expenses, accounts receivable, and the positive fair
value of all derivatives held for purposes other than
trading.
Report net deferred tax assets in this item and net
deferred tax liabilities in item 14, “Other liabilities.”
Exclude all balances due from related institutions and
investments in all subsidiaries and associated companies. Report such transactions in item 9.
Line Item 8 Claims on nonrelated organizations.
Enter the sum of items 1, 2, and 3(c) through 7.
Line Item 9 Balances due from related institutions,
gross.
Report all balances due from the top-tier bank holding
company or banking organization, all balances due
from subsidiary banks (or their branches) or subsidiary bank holding companies of the top-tier bank
holding company, and all balances due from other subsidiaries of these organizations (including subsidiaries

of the parent organization and the reporting nonbank
subsidiary), on a gross basis. Include the amount of the
subsidiary’s investment in all (whether consolidated or
unconsolidated) subsidiaries, associated companies,
corporate joint ventures, unincorporated joint ventures, and general partnerships over which the respondent exercises signiﬁcant inﬂuence; and noncontrolling
investments in certain limited partnerships and limited
liability companies (as described in the FR Y-9C Glossary entry for “equity method of accounting”), less any
dividends paid or declared.
Exclude all balances due to related institutions and
include in item 16.
Line Item 10 Total assets.
Report the sum of items 8 and 9.

Liabilities and Equity Capital
Items 11 through 15 exclude balances due to related
institutions. Report balances due to related institutions
in item 16.
Line Item 11 Trading liabilities.
Report the amount of liabilities from the reporting
subsidiary’s trading activities. Include liabilities resulting from the sales of assets that the reporting subsidiary does not own (short position) and revaluation
losses from “marking to market” (or the “lower of cost
or market”) of interest rate, foreign exchange rate, and
other commodity and equity contracts into which the
reporting subsidiary has entered for trading, dealer,
customer accommodation, and similar purposes.
Line item 12 Other borrowed money with a remaining
maturity of one year or less (including commercial
paper issued and federal funds purchased).
Report the total amount of money borrowed by the
subsidiary with a remaining maturity of one year or
less. Include outstanding commercial paper issued and
federal funds purchased. 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.
Borrowings may take the form of:
(1) Demand notes issued to the U.S. Treasury;

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June 2018

FR Y-7N

Schedule BS

(2) Promissory notes;

(6) “Term federal funds” purchased;

(3) Notes and bills rediscounted (including commodity drafts rediscounted);

(7) Securities sold under agreements to repurchase;

(4) Loans sold under repurchase agreements and
sales of participations in pools of loans that
mature in more than one business day;
(5) Due bills issued representing the subsidiary’s
receipt of payment and similar instruments,
whether collateralized or uncollateralized;
(6) Overnight and “Term federal funds” purchased;
(7) Securities sold under agreements to repurchase; and
(8) Mortgage indebtedness and obligations under
capitalized leases with a remaining maturity of
one year or less.
Exclude all borrowings with related institutions. Report
such borrowings in item 16.
Line Item 13 Other borrowed money with a remaining
maturity of more than one year (including subordinated
debt and limited-life preferred stock and related
surplus).
Report the total amount of all borrowings of the subsidiary with a remaining maturity of more than one
year, including subordinated debt, limited-life preferred stock, and related surplus. 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.
Borrowings may take the form of:
(1) Promissory notes;
(2) Perpetual debt securities that are unsecured and
not subordinated;
(3) Notes and bills rediscounted (including commodity drafts rediscounted);
(4) Loans sold under repurchase agreements and
sales of participations in pools of loans that
mature in more than one business day;
(5) Due bills issued representing the subsidiary’s
receipt of payment and similar instruments,
whether collateralized or uncollateralized;

(8) Notes and debentures issued by the respondent
subsidiary;
(9) Mortgage indebtedness and obligations under
capitalized leases with a remaining maturity of
more than one year; and
(10) Limited-life preferred stock. 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 at a stated date.
Exclude all borrowings with related institutions. Report
such borrowings in item 16.
Line Item 14 Other liabilities.
Report the total amount of all other liabilities that cannot be properly reported in items 11 through 13.
Include liabilities such as deposits held by the subsidiary, liability on acceptances outstanding, expenses
accrued and unpaid, deferred income taxes (if credit
balance), dividends declared but not yet payable,
accounts payable (other than expenses accrued and
unpaid), liability on deferred payment letters of credit,
deferred gains from saleleaseback transactions, unamortized loan fees (other than those that represent an
adjustment of the interest yield, if material), and
reserves for credit risk on off-balance sheet items.
Also, report all derivatives with negative fair value held
for purposes other than trading in this item. Exclude
all liabilities with related institutions. Report such
liabilities in item 16.
Line Item 15 Liabilities to nonrelated organizations.
Enter the sum of items 11 through 14.
Line Item 16 Balances due to related institutions,
gross.
Report all balances due to the top tier bank holding
company or banking organization, all balances due to
subsidiary banks (or their branches) or subsidiary
bank holding companies of the top tier bank holding
company, and all balances due to other subsidiaries of
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FR Y-7N

September 2011

Schedule BS

these organizations (including subsidiaries of the parent organization), on a gross basis.

report date must be reported in the appropriate items
of the Income Statement for that year-to-date period.

Exclude all balances due from related institutions and
include in item 9.

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:

Line Item 17 Total liabilities.
Report the sum of items 15 and 16.
Line Item 18 Equity capital.
Equity capital represents the sum of capital stock, surplus, undivided proﬁts, and various reserve accounts.
Line Item 18(a) Stock.
If the subsidiary is in corporate form, report the
amount of perpetual preferred stock issued, including
any amounts received in excess of its par or stated
value, and the aggregate par or stated value of common
stock issued.
If the subsidiary is not in corporate form, report the
amount of general or limited partnership shares or
interests issued in item 18(e).
Line Item 18(b) Surplus (exclude all surplus related to
preferred stock).
If the subsidiary is in corporate form, 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. Exclude any portion
of the proceeds received from the sale of limited-life
preferred stock in excess of its par or stated value
(report in item 13) or any portion of the proceeds
received from the sale of perpetual preferred stock in
excess of its par or stated value (report in item 18(a)).
If the subsidiary is not in corporate form, report the
amount of general or limited partnership shares or
interests issued in item 18(e).
Line Item 18(c) 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
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

(1) Reserve for undeclared stock dividends, which
includes amounts set aside to provide for stock
dividends (not cash dividends) not yet declared;
(2) Reserve for undeclared cash dividends, which
includes amounts set aside for cash dividends on
common and preferred stock not yet declared
(report cash dividends declared but not yet payable in item 14);
(3) Retirement account (for limited-life preferred
stock or notes and debentures subordinated to
deposits), which includes amounts allocated
under the plan for retirement of limited-life preferred stock or notes and debentures subordinated to deposits contained in the subsidiary’s
articles of association or in the agreement under
which such stock or notes and debentures were
issued; and
(4) Reserve for contingencies, which includes
amounts set aside for possible unforeseen or indeterminate liabilities not otherwise reﬂected on the
subsidiary’s books and not covered by insurance.
Exclude from retained earnings:
(1) The amount of the cumulative foreign currency
translation adjustment (report in item 18(d));
(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 except
where required by state law or regulation (report
surplus related to perpetual preferred stock in
item 18(a) and surplus related to common stock
in item 18(b));
(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 item 13); and
(4) “Reserves” that reduce the related asset balances
such as valuation allowances (e.g., allowance for
loan and lease losses, or for entities that have
adopted ASU 2016-13, the allowances for credit

BS-8
March 2019

FR Y-7N

Schedule BS

losses), reserves for depreciation, and reserves for
bond premiums.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 18(d) Accumulated other comprehensive
income.
Report the amount of other comprehensive income in
conformity with the requirements of ASC Subtopic
220- 10, Comprehensive Income—Overall (formerly
FASB Statement No. 130, Reporting Comprehensive
Income). Accumulated other comprehensive income
includes net unrealized holding gains (losses) on
available-for-sale securities, accumulated net gains
(losses) on cash ﬂow hedges, foreign currency translation adjustments, and minimum pension liability
adjustments. Net unrealized holding gains (losses) on
available-for-sale securities is the difference between
the amortized cost and fair value of the subsidiary’s
available-for-sale securities, net of tax effects, as of the
report date.
For most subsidiaries, all “securities,” as the term is
deﬁned in ASC Topic 320, Investments-Debt and
Equity Securities (formerly FASB Statement No. 115,
Accounting for Certain Investments in Debt and Equity
Securities), that are designated as “available-for-sale”
will be reported as “available-for-sale securities” in
item 2(b), above. However, a subsidiary may have certain assets that fall within the deﬁnition of “securities”
in ASC Topic 320 (e.g., commercial paper or nonrated
industrial development obligations) that the subsidiary
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”). These “available-for-sale”
assets must be carried on the balance sheet at fair value
rather than amortized cost and the difference between
these two amounts, net of tax effects, must be included
in this item.
Also include the unamortized amount of the unrealized holding gain or loss at the date of transfer of any
debt security transferred into the held-to-maturity category from the available-for-sale category. When a debt
security is transferred from available-for-sale to heldto-maturity, report the unrealized holding gain or loss

at the date of transfer in this equity capital account and
amortize it over the remaining life of the security as an
adjustment of yield in a manner consistent with the
amortization of any premium or discount. Accumulated net gains (losses) on cash ﬂow hedges is the effective portion of the accumulated change in fair value
(gain or loss) on derivatives 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, a subsidiary that elects to apply
hedge accounting must exclude from net income the
effective portion of the change in fair value of a derivative designated as a cash ﬂow hedge and record it on
the balance sheet in a separate component of equity
capital (referred to as “accumulated other comprehensive income” in the accounting standard). Report the
ineffective portion of the cash ﬂow hedge in earnings.
Adjust the equity capital component (i.e., the accumulated other comprehensive income) associated with a
hedged transaction each reporting period to a balance
that reﬂects the lesser (in absolute amounts) of:
(1) The cumulative gain or loss on the derivative
from inception of the hedge, less (a) amounts
excluded consistent with the subsidiary’s deﬁned
risk management strategy and (b) the derivative’s
gains or losses previously reclassiﬁed from accumulated other comprehensive income into earnings to offset the hedged transaction, or
(2) The portion of the cumulative gain or loss on the
derivative necessary to offset the cumulative
change in expected future cash ﬂows on the
hedged transaction from inception of the hedge
less the derivative’s gains or 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 or 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
variable rate interest receipt on a loan is accrued or
when a forecasted sale occurs).
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Schedule BS

Report the sum of the subsidiary’s foreign currency
translation adjustments accumulated in accordance
with ASC Topic 830, Foreign Currency Matters (formerly FASB Statement No. 52, Foreign Currency
Translation ). Report any minimum pension liability
adjustment recognized in accordance with ASC Topic
715, Compensation- Retirement Beneﬁts (formerly
FASB Statement No. 87, Employers’ Accounting for
Pensions). Under ASC Topic 715, an employer must
report in a separate component of equity capital, net of
any applicable tax beneﬁts, the excess of additional
pension liability over unrecognized prior service cost.
Refer to the FR Y-9C instructions and ASC Subtopic
220-10 for additional information on reporting this
item.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 18(e) General and limited partnership
shares and interests.
Report the amount of general or limited partnership
shares or interests issued if the subsidiary is not in corporate form. If this amount is negative, paper ﬁlers
should enclose it in parentheses or report with a minus
(−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 18(f) Other equity capital components.
Report all other equity capital components including
the total carrying value (at cost) of treasury stock,
unearned Employee Stock Ownership Plan (ESOP)
shares, and capital contributions not in the form of
stock as of the report date. Refer to the FR Y-9C
instructions for additional information on reporting
this item.
If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.

If the amount reported in this item is negative, paper
ﬁlers should enclose it in parentheses or report with a
minus (−) sign. Electronic ﬁlers should report negative
amounts with a minus (−) sign.
Line Item 19 Total liabilities and equity capital.
Report the sum of items 17 and 18(g). This item must
equal item 10, “Total assets.”

Derivatives and Off-Balance-Sheet Items
Report the following selected commitments, contingencies, and other off-balance-sheet items and derivative contracts. Include transactions with related organizations. Exclude contingencies arising in connection
with litigation.
Report in items 20 and 21 the unused portions of commitments. Unused commitments are to be reported
gross, i.e., include in the appropriate item the unused
amount of commitments acquired from and conveyed
or participated to others. However, exclude commitments conveyed or participated to others that the subsidiary 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.
For purposes of items 20 and 21, 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.
(2) Commitments for which the subsidiary has
charged a commitment fee or other
consideration.
(3) Commitments that are legally binding.
(4) Loan proceeds that the subsidiary is obligated to
advance, such as:
(a) Loan draws;

Line Item 18(g) Total equity capital.
Report the sum of items 18(a) through 18(f). This item
must equal Schedule IS-A, Changes in Equity Capital,
item 7, “Total equity capital at end of current period.”

(b) Construction progress payments; and
(c) Seasonal or living advances to farmers
under prearranged lines of credit.

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December 2012

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Schedule BS

(5) Rotating, revolving, and open-end credit arrangements, including, but not limited to, retail credit
card lines and home equity lines of credit.

obligations under certain conditions and regardless of
whether they are unconditionally cancelable at any
time.

(6) Commitments to issue a commitment at some
point in the future, where the subsidiary has
extended terms, the borrower has accepted the
offered terms, and the extension and acceptance
of the terms are in writing or, if not in writing,
are legally binding on the subsidiary and the borrower, even though the related loan agreement has
not yet been signed.

In the case of commitments for syndicated loans,
report only the subsidiary’s proportional share of the
commitment.

(7) Overdraft protection on depositors’ accounts
offered under a program where the subsidiary
advises account holders of the available amount
of overdraft protection, for example, when
accounts are opened or on depositors’ account
statements or ATM receipts.
(8) The subsidiary’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 shortterm paper in its own name, but for which the
underwriting subsidiary 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 – Overall (formerly FASB
Statement No. 133, Accounting for Derivative Instruments and Hedging Activities, as amended), which
should be reported in items 25 through 29, as appropriate. 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 subsidiary
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.
Report the unused portions of commitments in the
appropriate item regardless of whether they contain
“material adverse change” clauses or other provisions
that are intended to relieve the issuer of its funding

For purposes of reporting the unused portions of
revolving asset-based lending commitments, the commitment is deﬁned as the amount a subsidiary is obligated to fund—as of the report date—based on the
contractually agreed upon terms. In the case of revolving asset-based 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 is the overall maximum loan amount beyond which the subsidiary 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 20 Unused commitments on securities
underwriting.
Report the unsold portion of the subsidiary’s own
takedown in securities underwriting transactions.
Include revolving underwriting facilities (RUFs), note
issuance facilities (NIFs), and other similar
arrangements.
Line Item 21 Unused commitments on loans and all
other unused commitments.
Report the unused portion of commitments to extend
credit for the following loans:
(1) Revolving, open-end loans secured by 1−4 family
residential properties, e.g., home equity lines;
(2) Commercial real estate, construction, and land
development;
(3) Commitments to fund loans secured by real
estate;
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FR Y-7N

December 2012

Schedule BS

(4) Commitments to fund loans not secured by real
estate;
(5) Credit card lines;
(6) Overdraft facilities;
(7) Commercial lines of credit; and
(8) Retail check credit and related plans.
Line Item 22 Standby letters of credit and foreign
office guarantees.
Report the amount outstanding and unused as of the
report date of all standby letters of credit (and all
legally binding commitments to issue standby letters of
credit) issued by the subsidiary. The originating subsidiary must report the full outstanding and unused
amount of standby letters of credit in which participations have been conveyed to others where (a) the originating and issuing subsidiary is obligated to pay the
full amount of any draft drawn under the terms of the
standby letter of credit and (b) the participating companies have an obligation to partially or wholly reimburse the originating subsidiary, either directly in cash
or through a participation in a loan to the account
party. The originating subsidiary also must report the
amount of standby letters of credit conveyed to others
through participations. The subsidiary participating in
such arrangements must report the full amount of
their contingent liabilities to participate in such
standby letters of credit without deducting any
amounts that they may have reparticipated to others.
Participating subsidiaries also must report the amount
of interest in transactions that they have reparticipated
to others, if any. Also include those standby letters of
credit that are collateralized by cash on deposit.
Line Item 23 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 22 above). Report legally binding
commitments to issue commercial letters of credit.
Line Item 24 Commitments to purchase foreign
currencies and U.S. dollar exchange (spot, forward, and
futures).
Report the gross aggregate par value or notional
amount (stated in U.S. dollars) of all futures contracts,

forward and spot contracts to purchase foreign (nonU.S.) currencies and U.S. dollar exchange that are outstanding as of the report date. A purchase of U.S. dollar exchange is equivalent to a sale of foreign currency.
Report only one side of a foreign currency transaction.
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. A currency futures contract is a
standardized agreement for delayed delivery of a foreign (non-U.S.) currency 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. Future contracts are traded on organized
exchanges that act as the counterparty to each
contract.
A forward foreign exchange contract is an agreement
for delayed delivery of a foreign (non-U.S.) currency 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. These contracts
are not standardized and are traded in an over-thecounter market. A spot contract is an agreement for
the immediate delivery, usually within two days, of a
foreign currency at the prevailing spot rate. Contracts
are outstanding (i.e., open) until they have been canceled by acquisition or delivery of the underlying currencies or, for futures contracts, by offset. (“Offset” is
the purchase and sale of an equal number of contracts
on the same underlying currencies for the same delivery
month, executed through the same clearing member on
the same exchange.)
Line Item 25 All other futures and forward contracts
(excluding contracts involving foreign exchange).
Report the gross aggregate par value or notional
amount of all other futures and forward contracts not
included in item 24. Include futures and forward interest rate contracts (e.g., U.S. Treasury securities futures,
forward rate agreements, and forward agreements on
U.S. government securities) and futures and forward
contracts on other commodities (e.g., stock index and
commodity contracts). Report the aggregate par value
of all futures and forward contracts that are related to
an interestbearing ﬁnancial instrument or whose cash
ﬂows are determined by referencing interest rates or
another interest rate contract.

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Schedule BS

Report futures and forward contracts that commit the
subsidiary to purchase or sell agricultural products
(e.g., wheat or coffee), precious metals (e.g., gold or
platinum), non-ferrous metals (e.g., copper or zinc) or
any other commodity.
Futures and forward contracts are agreements for
delayed delivery of ﬁnancial instruments or other 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.
Futures contracts are standardized, transferable agreements traded on organized exchanges that act as the
counterparty to each contract. Forward contracts are
not standardized and are not traded on organized
exchanges. The contract amount to be reported for
futures and forward contracts on commodities is the
quantity, (i.e., number of units) of the commodity or
product contracted for purchase or sale multiplied by
the contract price of a unit.
Line Item 26 Option contracts.
Report the amount of written option contracts in
item 26(a), and the amount of purchased option contracts in item 26(b). In reporting items 26(a) and 26(b),
do not net the following:
(1) Obligations of the subsidiary to buy against the
subsidiary’s obligations to sell, or
(2) Written options against purchased options.
An option contract conveys either the right or the obligation, depending upon whether the reporting subsidiary is the purchaser or the writer, respectively, to
(1) buy or sell a ﬁnancial instrument or an interest rate
futures contract on a ﬁnancial instrument at a speciﬁed
price by a speciﬁed future date, (2) exchange two different currencies at a speciﬁed exchange rate, or (3) buy or
sell stock options, stock index options, or other commodities. Options can be traded on organized
exchanges. In addition, options can be written to meet
the specialized needs of the counterparties to the transaction. These customized option contracts are known
as over the counter (OTC) options and are not generally traded.
Line Item 26(a) Written option contracts.
Report the amount of all ﬁnancial instruments (aggregate par value), foreign currencies, and other commodities that the reporting subsidiary has obligated

itself, for compensation (such as a fee or premium), to
either purchase or sell under option contracts that are
outstanding as of the report date.
Line Item 26(b) Purchased option contracts.
Report the amount of all ﬁnancial instruments (aggregate par value), foreign currencies, and other commodities that the reporting subsidiary has purchased,
for compensation (such as a fee or premium), the right
to either purchase or sell under option contracts that
are outstanding as of the report date. In the case of
option contracts giving the reporting subsidiary the
right to either purchase or sell a futures contract,
report the amount of the ﬁnancial instrument, foreign
currency, or other commodity underlying the futures
contract.
Line Item 27 Notional value of interest rate swaps.
Report the notional value of all outstanding interest
rate and basis swaps. In those cases where the subsidiary is acting as an intermediary, report both sides of
the transaction. Include cross-currency interest rate
swaps that do not involve the exchange of principal
amounts between the counterparties. An interest rate
swap is a transaction in which two parties agree to
exchange the interest payment streams on a speciﬁed
principal amount of assets or liabilities for a certain
number of years. The notional value of an interest rate
swap is the underlying principal amount upon which
the exchange of interest income or expense is based.
Line Item 28 Notional value of exchange swaps.
Report the notional principal value (stated in U.S. dollars) of all outstanding cross-currency interest rate
swaps. In those cases where the subsidiary is acting as
an intermediary, report both sides of the transaction.
A crosscurrency interest rate swap is a transaction in
which two parties agree to exchange principal amounts
of different currencies, usually at the prevailing spot
rate, at the inception of the agreement, which lasts for a
certain number of years. Over the life of the swap, the
counterparties exchange payments in the different currencies based on ﬁxed rates of interest. When the
agreement matures, the principal amounts will be
re-exchanged at the same spot rate. The notional value
of a cross-currency interest rate swap is the underlying
principal amount upon which the exchange is based.
BS-13

FR Y-7N

December 2012

Schedule BS

Line Item 29 Notional value of other swaps.
Report the notional principal value of all other swap
agreements that are not reportable as either interest or
foreign exchange rate contracts in items 27 or 28.
Line Item 30 All other off-balance-sheet liabilities.
With the exceptions listed below, report all types of
off-balance-sheet items not covered in other items of
this schedule. Other off-balance-sheet liabilities
include, but are not limited to:
(1) Securities borrowed against collateral (other than
cash) or on an uncollateralized basis;
(2) Securities lent against collateral or on an uncollateralized basis (other than cash);
(3) Commitments to purchase and to sell securities
that have not been issued (when-issued securities)
and 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 are not reported in item 25;
(4) Credit derivatives, including contracts where the
subsidiary is the beneﬁciary;
(5) Participations in acceptances conveyed to others
by the reporting subsidiary or acquired by the
subsidiary;
(6) Financial guarantee insurance that insures the
timely payment of principal and interest on bond
issues;
(7) Letters of indemnity other than those issued in
connection with the replacement of lost or stolen
official checks; and
(8) 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.
Exclude from other off-balance-sheet items:
(1) All items that are required to be reported on the
balance sheet, such as repurchase and resale
agreements;
(2) Commitments to purchase property being
acquired for lease to others (reported in item 23);

(3) Contingent liabilities arising in connection with
litigation in which the subsidiary is involved; and
(4) Signature or endorsement guarantees of the type
associated with the regular clearing of negotiable
instruments or securities in the normal course of
business.

Memoranda
Memoranda items 1(a) and 1(b) are to be completed by
nonbank subsidiaries that have elected to account for
ﬁnancial instruments or servicing assets and liabilities at
fair value under a fair value option.
Memoranda items 1(a) and 1(b) are to be completed by
subsidiaries that have adopted ASC Topic 820, Fair
Value Measurements and Disclosures (formerly FASB
Statement No. 157, Fair Value Measurements), and
have elected to report certain assets and liabilities at
fair value with changes in fair value recognized in earnings in accordance with 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)). This election is generally referred to as the fair
value option.
Line Item 1 Financial assets and liabilities measured
at fair value under a fair value option.

Line Item 1(a) Total assets.
Report the total fair value of all assets that the subsidiary has elected to account for under the fair value
option that is included in Schedule BS, Balance Sheet.
Line Item 1(b) Total liabilities.
Report the total fair value of all liabilities that the subsidiary has elected to account for under the fair value
option that is included in Schedule BS, Balance Sheet.

BS-14
December 2012

FR Y-7N

LINE ITEM INSTRUCTIONS FOR

Loans and Lease Financing Receivables
Schedule BS-A

General Instructions
Loans and lease ﬁnancing receivables are extensions of
credit resulting from either direct negotiation between
the subsidiary and their customers or the purchase of
such assets from others. Loans may take the form of
promissory notes, acknowledgments of advance, due
bills, invoices, overdrafts, acceptances held, factoring
account receivables, and similar written or oral
obligations.
Include the dollar amount outstanding of all federal
funds sold (including “term federal funds”) and securities purchased under agreement to resell. Also include
resale agreements involving assets other than securities.
Exclude:
(1) All loans and leases with related institutions
(including federal funds sold and securities purchased under agreements to resell), which are to
be reported in Schedule BS, item 9;
(2) Any loans or leases that the subsidiaries have sold
or charged off;
(3) 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 subsidiary has obtained
physical possession of the underlying collateral
regardless of whether formal foreclosure or repossession proceedings have been instituted against
the borrower;
(4) Holdings of commercial paper (report in Schedule BS, item 2, “Securities”);
(5) Contracts of sale or other loans indirectly representing other real estate (report in Schedule BS,
item 6, “Other real estate owned”); and

(6) Loans and leases held for trading purposes
(report in Schedule BS, item 4, “Trading assets”).
Exclude all transactions with related institutions.
Include in items 1 through 7 all loans and leases on the
books of the subsidiary even if on the report date they
are past due and collection is doubtful. Also report all
loans and leases held for sale as part of the subsidiary’s
mortgage banking activities or activities of a similar
nature involving other types of loans. Loans held for
sale shall be reported at the lower of cost or market
value. Exclude any loans or leases the subsidiary has
charged off (report in Schedule IS-B, item 3, “less:
charge-offs.” Report the aggregate book value of all
loans and leases before deduction of the allowance for
loan and lease losses. Report each item in this schedule
net of (1) unearned income (to the extent possible),
(2) any applicable allocated transfer risk reserve, and
(3) deposits accumulated for the payment of personal
loans (hypothecated deposits).
Line Item 1 Loans secured by real estate.
Report all loans (other than those to states and political subdivisions in the U.S.), regardless of purpose and
regardless of whether originated by the subsidiary or
purchased from others, that are 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 or second mortgages) on real
estate. For additional information, refer to the
FR Y-9C glossary entry for “loans secured by real
estate.”
Line Item 2 Loans to depository institutions.
Report all loans (other than those 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
BS-A-1

FR Y-7N

March 2009

Schedule BS-A

for personal expenditure purposes. This includes commercial banks in the U.S., foreign branches of U.S.
banks and banks in foreign countries. Report the subsidiary’s holdings of all bankers acceptances accepted
by unrelated banks (i.e., banks that are not direct or
indirect subsidiaries of the subsidiary’s bank holding
company or parent organization).

hold, family, and other personal expenditures that are
not secured by real estate, whether direct loans or purchased paper. Exclude loans secured by real estate
(report in item 1) and loans to individuals for the purpose of purchasing or carrying securities (report in
item 5).

Exclude acceptances accepted by related banks (i.e.,
banks that are direct or indirect subsidiaries of the subsidiary’s bank holding company or parent organization). Also exclude loans to foreign governments and
foreign official institutions.

Line Item 5 All other loans and lease ﬁnancing
receivables.
Report all other loans held by the subsidiary that are
not properly included in items 1 through 4 above and
all lease ﬁnancing receivables. Report all outstanding
receivable balances relating to direct ﬁnancing and leveraged leases on property acquired by the subsidiary
for leasing purposes. These balances should include the
estimated residual value of leased property and must
be net of unearned income. Include all lease ﬁnancing
receivables of states and political subdivisions in the
U.S. Also include all loans to foreign governments and
official institutions.

Line Item 3 Commercial and industrial loans.
Report all loans (regardless of domicile) 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. These loans
may take the form of direct or purchased loans.
Include commercial and industrial loans guaranteed by
foreign governmental institutions.
Exclude:
(1) Loans secured by real estate (report in item 1);
(2) Loans for the purpose of ﬁnancing agricultural
production, whether made to farmers or to
nonagricultural businesses (report in item 5);
(3) Loans to ﬁnance companies and insurance companies (report in item 5);
(4) Loans to broker and dealers in securities, investment companies, and mutual funds (report in
item 5);
(5) Loans to depository institutions (report in
item 2);
(6) Loans to nonproﬁt organizations (report in
item 5); and
(7) Loans to nondepository ﬁnancial institutions
(report in item 5).
Line Item 4 Loans to individuals for personal,
household, and other personal expenditures.
Report credit card and related plans and other loans to
individuals for household, family, and other personal
expenditures. Include all loans to individuals for house-

Line Item 6 Total loans and lease ﬁnancing
receivables.
Report the sum of items 1 through 5.
Line Item 7 Past due and nonaccrual loans and leases.
Report the subsidiary loans and lease ﬁnancing receivables included in item 6 abovethat are past due 30
through 89 days and still accruing in item 7(a), past due
90 days or more and still accruing in item 7(b), in nonaccrual status in item 7(c), and loans restructured in
troubled debt restructurings included in past due and
nonaccrual loans in item 7(d). Report the full outstanding balances of the past due loans and lease
ﬁnancing receivables, not simply the delinquent payments.
Line Item 7(a) Loans and leases past due 30 through
89 days.
Report loans and lease ﬁnancing receivables that are
contractually past due 30 through 89 days as to principal or interest payments, and still accruing. Include
loans restructured in troubled debt restructurings past
due 30 through 89 days and still accruing.
Line Item 7(b) Loans and leases past due 90 days or
more.
Report loans and lease ﬁnancing receivables that are
contractually past due 90 days or more as to principal

BS-A-2
March 2011

FR Y-7N

Schedule BS-A

or interest payments, and still accruing. Include loans
restructured in troubled debt restructurings past due
90 days or more and still accruing.

that the subsidiary has elected to carry any loans in
nonaccrual status on its books, such loans must be
reported as nonaccrual in this item.

Line Item 7(c) Nonaccrual loans and leases.
Report loans and lease ﬁnancing receivables accounted
for on a nonaccrual status. Include loans restructured
in troubled debt restructurings that are in nonaccrual
status.For purposes of this report, report loans and
leases as being in nonaccrual status if: (a) they are
maintained on a cash basis because of deterioration in
the ﬁnancial position of the borrower, (b) payment in
full of interest or principal is not expected, or (c) principal or interest has been in default for a period of
90 days or more unless the obligation is both wellsecured and in the process of collection.

Line Item 7(d) Loans restructured in troubled debt
restructurings included in items 7(a) through 7(c) above.
Report loans restructured in troubled debt restructurings that, under their modiﬁed terms, are past due
30 days or more and still accruing or are in nonaccrual
status as of the report date. Such loans will have been
included in items 7(a), 7(b), or 7(c) above. Loans
restructured in troubled debt restructurings include
those loans that have been restructured or renegotiated
to provide a reduction of either interest or principal
because of a deterioration in the ﬁnancial position of
the borrower. 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 restructured
debt. For further information, see the FR Y-9C Glossary entry for “troubled debt restructurings.”

NOTE: Loans to individuals for household, family,
and other personal expenditures and loans secured by
1–4 family residential properties on which principal or
interest is due and unpaid for 90 days or more are not
required to be reported as nonaccrual loans. Nevertheless, such loans should be subject to other alternative
methods of evaluation to assure that the subsidiary’s
net income is not materially overstated. To the extent

Include all loans to individuals for household, family,
and other personal expenditures, and all loans secured
by 1−4 family residential properties.

BS-A-3
FR Y-7N

March 2011

INSTRUCTIONS FOR PREPARATION OF

Memoranda
Schedule BS-M

Memoranda Items
Items 1 through 3 exclude balances due from related
institutions. Report balances due from related institutions in item 4. Items 5 and 6 exclude balances due to
related institutions. Report balances due to related
institutions in item 7.
Line item 1 Loans to non-U.S. addressees.
Report all loans included in Schedule BS, item 3(a),
“Loans and lease ﬁnancing receivables, net of
unearned income,” to non-U.S. addressees. Non-U.S.
addresses (domicile) include residents of any foreign
country. U.S. addressees (domicile) include residents of
the 50 states of the United States, the District of
Columbia, Puerto Rico, and U.S. territories and
possessions.
Domicile is determined by the principal residential
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 institution,
should be used in determining whether a customer is
regarded as a U.S. or non-U.S. addressee.
Line Item 2 Assets held in trading accounts (excluding
trading account balances with related organizations).
Subsidiaries that regularly underwrite or deal in securities and other assets for resale or that acquire securities
and other assets with the intent to resell in order to
proﬁt from short-term price movements shall report in
items 2(a) through 2(g) the value of such assets. Consistently value assets held in trading accounts at fair
value. Exclude the carrying value of any available-forsale securities or of any loans or leases that are held for
sale. Exclude all trading account balances with related
institutions, and report in Schedule BS, Item 9, “Bal-

ances due from related institutions, gross” or Schedule BS, Item 16, “Balances due to related institutions,
gross.” Refer to the FR Y-9C instructions and glossary
for further information.
Line Item 2(a) Securities of U.S. government and its
agencies.
Report the fair value of securities issued by the U.S.
government and all other U.S. government agencies
and official institutions thereof.
Line Item 2(b) Securities of all foreign governments
and official institutions.
Report the fair value of all debt securities issued by
foreign governments (central, state, provincial and
local), including their ministries, departments and
agencies. Refer to the FR Y-9C glossary for the
deﬁnition of “foreign government.” Exclude bankers’
acceptances accepted by the reporting subsidiary and
held in its trading account when the account party is a
foreign government or official institution. Also exclude
securities issued by nonbank corporations and enterprises which are foreign-government-owned.
Line Item 2(c) Equity securities.
Report the fair value of all equity securities held in the
subsidiary’s trading account. Exclude:
(1) Equity securities that have been purchased for
investment or acquired for debts previously
contracted.
(2) Equity securities that do not have readily determinable fair values (report such securities at historical cost in Schedule BS, item 7, “All other
assets”).
Line Item 2(d) Corporate bonds, notes, and
debentures.
Report the total value of debt securities issued by
corporations.
BS-M-1

FR Y-7N

March 2009

Schedule BS-M

Line Item 2(e) Revaluation gains on interest rate,
foreign exchange rate, and other commodity and equity
contracts.
Report the amount of revaluation gains (that is, assets)
from the “marking to market” of interest rate, foreign
exchange rate, and other off-balance-sheet commodity
and equity contracts held for trading purposes (in compliance with ASC Subtopic 210-20, Balance Sheet—
Offsetting (formerly FASB Interpretation No. 39, Offsetting of Amounts Related to Certain Contracts). Refer
to the FR Y-9C instructions for further information.

Line Item 3(b) Prepaid expenses.
Report the amount of all expenses prepaid and applicable as a charge against operations in future periods.

Line item 2(f) Loans.
Report the fair value of all loans held for trading
reported in Schedule BS, item 4.

Line Item 3(c) Net deferred tax assets.
Report the cumulative tax effect of all deductible temporary differences, operating loss carryforwards, and
tax credit carryforwards in accordance with GAAP.
Report the net amount after offsetting deferred tax
assets (net of valuation allowance) and net 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 item 6(b), “Net deferred
tax liability.”

Line item 2(f)(1) Loans that are past due 90 days.
Report in the appropriate subitem the total fair value
and unpaid principal balance of all loans held for trading included in item 2(f) that are past due 90 days or
more as of the report date.

Line Item 3(d) Accounts receivable.
Report the amount owed to the subsidiary in the form
of regular accounts or written promissory notes to be
collected in the future arising from the sale of goods
and services. Exclude notes with a maturity of more
than one year.

Line item 2(f)(1)(a) Fair value.
Report the total fair value of all loans held for trading
included in item 2(f) that are past due 90 days or more
as of the report date.
Line item 2(f)(1)(b) Unpaid principal balance.
Report the total unpaid principal balance of all loans
held for trading included in item 2(f) that are past due
90 days or more as of the report date.
Line Item 2(g) Other (including commercial paper).
Report the total value of all assets held in trading
accounts that cannot be properly reported in items
2(a) through 2(f). Include certiﬁcates of deposit, bankers’ acceptances, and commercial paper.
Line Item 3 Other Assets.
Line Item 3(a) Accrued interest receivable.
Report the amount of interest, commissions, and other
income earned or accrued on earning assets and applicable to current or prior periods that has not yet been
collected.

Line Item 3(e) Intangible assets.
Report the cost of intangible assets. Such intangibles
may arise from:
(1) Business combinations accounted for under the
purchase method in accordance with ASC Topic
805, Business Combinations (formerly FASB
Statement No. 141(R), Business Combinations),
and
(2) Acquisitions of portions or segments of another
institution’s business, such as branch offices,
mortgage servicing portfolios, and credit card
portfolios.
Report the carrying value of mortgage servicing assets,
i.e., the unamortized cost of acquiring contracts to
service loans secured by real estate that have been securitized or are owned by another party, net of any
related valuation allowances. Also report the unamortized amount of other speciﬁcally identiﬁable intangible assets such as purchased credit card relationships
(PCCRs), core deposit intangibles, favorable leasehold
rights, and goodwill. Goodwill represents the excess of
the cost of a company over the sum of the fair values of
the tangible assets and identiﬁable intangible assets
acquired less the fair value of liabilities assumed in a

BS-M-2
September 2011

FR Y-7N

Schedule BS-M

business combination accounted for as a purchase.
Also, include servicing assets other than mortgage servicing assets.

accrued through charges to expense during the current
or prior periods, but not yet paid or credited to a
deposit account.

Line Item 4 Balances due from related institutions,
gross.
See deﬁnition of related institutions in the General
Instructions for more information.

Line Item 6(b) Net deferred tax liabilities.
Report the cumulative tax effect of all taxable temporary differences, in accordance with GAAP. Report the
net amount after offsetting deferred tax assets and net
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 item 3(c).

Line Item 4(a) Balances due from related institutions
located in the United States, gross.
Report all balances due from related institutions domiciled in the ﬁfty states of the United States, the District
of Columbia, Puerto Rico, and U.S. territories and
possessions, on a gross basis (included in Schedule BS,
item 9, “Balances due from related institutions, gross”).
Line Item 4(b) Balances due from related institutions
located outside the United States, gross.
Report all balances due from related institutions domiciled outside of the ﬁfty states of the United States, the
District of Columbia, Puerto Rico, and U.S. territories
and possessions, on a gross basis (included in Schedule BS, item 9, “Balances due from related institutions,
gross”).
Line Item 5 Commercial paper issued.
Report the total amount outstanding of commercial
paper issued by the reporting subsidiary included in
Schedule BS, item 12. Exclude commercial paper held
by related institutions.
Line Item 6 Other liabilities.
Line Item 6(a) Expenses accrued and unpaid.
Report the amount of interest on deposits, interest on
nondeposit liabilities, income taxes, and other expenses

Line Item 6(c) Accounts payable.
Report the amount due from the reporting subsidiary
for the purchase of goods and services.
Line Item 7 Balances due to related institutions, gross.
See deﬁnition of related institutions in the General
Instructions for more information.
Line Item 7(a) Balances due to related institutions
located in the United States, gross.
Report all balances due to related institutions domiciled in the ﬁfty states of the United States, the District
of Columbia, Puerto Rico, and U.S. territories and
possessions, on a gross basis (included in Schedule BS,
item 16, “Balances due to related institutions, gross”).
Line Item 7(b) Balances due to related institutions
located outside the United States, gross.
Report all balances due to related institutions domiciled outside of the ﬁfty states of the United States, the
District of Columbia, Puerto Rico, and U.S. territories
and possessions, on a gross basis (included in Schedule BS, item 16).

BS-M-3
FR Y-7N

March 2009

Notes to the Financial Statements

This section has been provided to allow banking organizations the opportunity to provide additional explanations
of the content of speciﬁc items in the subsidiary’s ﬁnancial statements. The reporting banking organization should
include any transactions reported on the subsidiary’s ﬁnancial statements that it wishes to explain that are material
in amount and cannot be disclosed separately in the existing line items.
Report in the space provided the ﬁnancial statement and line item for which the banking organization is specifying
additional information, a description of the transaction and, in the column provided, the dollar amount associated
with the transaction being disclosed.

NOTES-1
FR Y-7N

March 2008

Each edit in the checklist must balance, rounding errors are not allowed
Validity (V) Edits for the Y-7N
Effective as of March 31, 2019
Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

Edit Type

FRY7N

Effective
Start Date
20120630

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0100
FC
FNBK6909
For December, the filing code must equal
"1" for an annual reporter or "2" for a
quarterly reporter.
0110
FC
FNBK6909
If quarter equals March, June, or September, then the filing code must equal
null.
0120
NUMRPTS FNBKJ444
Number of reports attested to under this
signature must be greater than or equal
to 1.
0150
IS-1c
FNBK4107
Sum of IS-1a and IS-1b must equal
IS-1c.
0160
IS-2c
FNBK4073
Sum of IS-2a and IS-2b must equal
IS-2c.
0170
IS-3
FNBK4074
IS-1c minus IS-2c must equal IS-3.
0175
IS-4
FNBKJJ33
IS-4 must equal sum of IS-B4A, IS-B4B,
IS-B4C, IS-B memo 1
0180
IS-5c
FNBK4079
Sum of IS-5a1 through IS-5b must equal
IS-5c.

Page 1

Validity

FRY7N

20120630

99991231

No Change

Page 1

Validity

FRY7N

20120630

99991231

No Change

Page 1

Validity

FRY7N

20080331

99991231

No Change

Validity

FRY7N

20080331

99991231

No Change

Validity

FRY7N
FRY7N

20080331
20190331

99991231
99991231

No Change
Revised

IS
IS

Validity
Validity

FRY7N

20080331

99991231

No Change

Validity

FRY7N

20080331

99991231

No Change

Validity

0190

IS-7c

FNBK4093

FRY7N

20190331

99991231

Revised

Validity

0200

IS-8a

FNBKHT69

FRY7N

20180630

99991231

No Change

Validity

0210

IS-12

FNBK4340

FRY7N

20180630

99991231

No Change

Validity

0220

IS-8c

FNBK4301

FRY7N
FRY7N

20080331
20101231

99991231
99991231

No Change
No Change

IS
IS-A

Validity
Validity

0230
0240

IS-12
IS-A6

FNBK4340
FNBK3581

FRY7N

20190331

99991231

Added

IS-B

Validity

0250

IS-B6A

FNBT3123

FRY7N

20190331

99991231

Added

IS-B

Validity

0255

IS-B6B

FNBKJH93

FRY7N

20190331

99991231

Added

IS-B

Validity

0260

IS-B6C

FNBKJH99

FRY7N
FRY7N
FRY7N

20080630
20190331
20080331

99991231
99991231
99991231

No Change
Revised
No Change

BS
BS
BS

Validity
Validity
Validity

0270
0280
0290

BS-3a
BS-3b
BS-3c

FNBK2122
FNBK3123
FNBK2125

Sum of IS-7a and IS-7b must equal
IS-7c.
Sum of IS-3, IS-5c, and IS-6 minus IS-4
and IS-7c must equal IS- 8a.
Sum of IS-8c, IS-10, and IS-11 minus
IS-9 must equal IS-12.
Sum of IS-8a and IS-8b must equal
IS-8c.
IS-A2 must equal IS-12.
Sum of IS-A1, IS-A2, IS-A3, IS-A5 and
IS-A6 minus IS-A4 must equal IS-A7.

Alg Edit Test
if mm-q1 eq 12 then fnbk6909 eq 1 or
fnbk6909 eq 2
if (mm-q1 eq 03 or mm-q1 eq 06 or
mm-q1 eq 09) then fnbk6909 eq null
fnbkj444 ge 1
(fnbka028 + fnbka029) eq fnbk4107
(fnbka030 + fnbka031) eq fnbk4073
(fnbk4107 - fnbk4073) eq fnbk4074
fnbkjj33 eq (fnbk4230 + fnbkjh90 +
fnbkjh96 + fnbkjj02)
(fnbk4070 + fnbk4080 + fnbka220 +
fnbkb490 + fnbkb491 + fnbkb492 +
fnbkb493 + fnbkb494 + fnbkc887 +
fnbkb497 + fnbk4619) eq fnbk4079
(fnbka034 + fnbkc376) eq fnbk4093
(fnbk4074 + fnbk4079 + fnbk4091 fnbkjj33 - fnbk4093) eq fnbkht69
(fnbkht4301 + fnbkft28 + fnbk3147 fnbk4302) eq fnbk4340
(fnbkht69+ fnbkht70) eq fnbk4301

fnbt4340 eq fnbk4340
(fnbk3217 + fnbt4340 + fnbka035 +
fnbkb511 + fnbk3581 - fnbk4598) eq
fnbt3210
Sum of IS-B1A, IS-B2A, IS-B4A, and
(fnbk3124 + fnbk4605 + fnbk4230 +
IS-B5A minus IS-B3A must equal IS-B6A fnbk4815 - fnbkc079) eq fnbt3123
Sum of IS-B1B, IS-B2B, IS-B4B, and
(fnbkjh88 + fnbkjh89 + fnbkjh90 +
IS-B5B minus IS-B3B must equal IS-B6B fnbkjh91 - fnbkjh92) eq fnbkjh93
Sum of IS-B1C, IS-B2C, IS-B4C, and
(fnbkjh94 + fnbkjh95 + fnbkjh96 +
IS-B5C minus IS-B3C must equal
fnbkjh97 - fnbkjh98) eq fnbkjh99
IS-B6C
BS-A6 must equal BS-3a.
fnbt2122 eq fnbk2122
IS-B6A must equal BS-3b
fnbt3123 eq fnbk3123
BS-3a minus BS-3b must equal BS-3c.
(fnbk2122 - fnbk3123) eq fnbk2125

CHK-1
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
Revised

Schedule

Edit Type

FRY7N

Effective
Start Date
20190331

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0300
BS-8
FNBKC377
Sum of BS-1 through BS-2c and BS-3c
through BS-7 must equal BS-8.

Validity

FRY7N

20080331

99991231

No Change

Validity

0310

BS-10

FNBK2170

FRY7N

20080331

99991231

No Change

Validity

0320

BS-15

FNBKA012

FRY7N

20080331

99991231

No Change

Validity

0330

BS-17

FNBK2948

FRY7N

20080331

99991231

No Change

Validity

0340

BS-18g

FNBK3210

FRY7N
FRY7N

20080331
20080331

99991231
99991231

No Change
No Change

BS
BS

Validity
Validity

0350
0360

BS-18g
BS-19

FNBK3210
FNBK3300

FRY7N
FRY7N

20080331
20101231

99991231
99991231

No Change
No Change

BS
BS-A

Validity
Validity

0370
0390

BS-19
BS-A5

FNBK3300
FNBKA017

FRY7N

20130630

99991231

No Change

Page 1

Validity

8010

FNBTC490

FRY7N

20130630

99991231

No Change

Page 1

Validity

8011

SROFFRNM
TITLEOFF

FNBTC491

FRY7N

20130630

99991231

No Change

Page 1

Validity

8012

DATESIGN

FNBTJ196

FRY7N
FRY7N
FRY7N

20190331
20190331
20190331

99991231
99991231
99991231

Added
Added
Added

Page 1
Page 1
Page 1

Validity
Validity
Validity

8013
8014
8016

CONTACTN FNBT8901
CONTACTP FNBT8902
CONTACTE FNBT4086

Sum of BS-8 and BS-9 must equal
BS-10.
Sum of BS-11 through BS-14 must equal
BS-15.
Sum of BS-15 and BS-16 must equal
BS-17.
Sum of BS-18a through BS-18f must
equal BS-18g.
IS-A7 must equal BS-18g.
Sum of BS-17 and BS-18g must equal
BS-19.
BS-19 must equal BS-10.
Sum of BS-A1 through BS-A5 must
equal BS-A6.
Text for printed name of senior officer
(SROFFRNM) must be provided.
Text for printed title of senior officer (TITLEOFF) must be provided.
Text for Date of Signature (DATESIGN)
must be provided and entered in
MM/DD/YYYY format.
CONTACTN must not be null.
CONTACTP must not be null.
CONTACTE must not be null.

Alg Edit Test
(fnbk0010 + fnbkjj34 + fnbk1773 +
fnbkja22 + fnbk2125 + fnbk3545 +
fnbk2145 + fnbk2150 + fnbk1724) eq
fnbkc377
(fnbkc377 + fnbkc378) eq fnbk2170
(fnbk3548 + fnbkc379 + fnbk1729 +
fnbk2750) eq fnbka012
(fnbka012 + fnbkc380) eq fnbk2948
(fnbk3230 + fnbk3240 + fnbk3247 +
fnbkb530 + fnbkf033 + fnbka130) eq
fnbk3210
fnbt3210 eq fnbk3210
(fnbk2948 + fnbk3210) eq fnbk3300
fnbk3300 eq fnbk2170
(fnbk1410 + fnbk3622 + fnbk3623 +
fnbk1975 + fnbka017) eq fnbt2122
fnbtc490 ne null
fnbtc491 ne null
fnbtj196 ne null
fnbt8901 ne null
fnbt8902 ne null
fnbt4086 ne null

CHK-2
FR Y-7N

March 2019

Quality (Q) and Intraseries (I) Edits for the Y-7N
Effective as of March 31, 2019
Series
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N

Effective
Start Date
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20110331
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231

Effective
End Date
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

Edit
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
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

Schedule

Edit Type

BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS-A
BS-A
BS-A
BS-A
BS-A
BS-A
BS-A
BS-A
BS-A
BS-A
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

Edit Num- Target Item
ber
9170
BS-20
9170
BS-21
9170
BS-22
9170
BS-23
9170
BS-24
9170
BS-25
9170
BS-26a
9170
BS-26b
9170
BS-27
9170
BS-28
9170
BS-29
9170
BS-30
9170
BS-Mem1a
9170
BS-Mem1b
9170
BS-A1
9170
BS-A2
9170
BS-A3
9170
BS-A4
9170
BS-A5
9170
BS-A6
9170
BS-A7a
9170
BS-A7b
9170
BS-A7c
9170
BS-A7d
9170
BS-M1
9170
BS-M2a
9170
BS-M2b
9170
BS-M2c
9170
BS-M2d
9170
BS-M2e
9170
BS-M2f
9170
BS-M2f1a
9170
BS-M2f1b
9170
BS-M2g
9170
BS-M3a
9170
BS-M3b
9170
BS-M3c
9170
BS-M3d
9170
BS-M3e

MDRM Number
FNBK3817
FNBKA013
FNBKA014
FNBK3411
FNBK3415
FNBKA015
FNBKA098
FNBKA099
FNBK3450
FNBK3826
FNBK3829
FNBKA100
FNBKF819
FNBKF820
FNBK1410
FNBK3622
FNBK3623
FNBK1975
FNBKA017
FNBT2122
FNBK1406
FNBK1407
FNBK1403
FNBKJ979
FNBK1722
FNBK5468
FNBK5469
FNBK5470
FNBK5477
FNBKA210
FNBKG208
FNBKF639
FNBKF640
FNBK5478
FNBKB556
FNBKA022
FNBKA023
FNBKA024
FNBK2143

Edit Test

Alg Edit Test

BS-20 should not be negative.
BS-21 should not be negative.
BS-22 should not be negative.
BS-23 should not be negative.
BS-24 should not be negative.
BS-25 should not be negative.
BS-26a should not be negative.
BS-26b should not be negative.
BS-27 should not be negative.
BS-28 should not be negative.
BS-29 should not be negative.
BS-30 should not be negative.
BS-Mem1a should not be negative.
BS-Mem1b should not be negative.
BS-A1 should not be negative.
BS-A2 should not be negative.
BS-A3 should not be negative.
BS-A4 should not be negative.
BS-A5 should not be negative.
BS-A6 should not be negative.
BS-A7a should not be negative.
BS-A7b should not be negative.
BS-A7c should not be negative.
BS-A7d should not be negative.
BS-M1 should not be negative.
BS-M2a should not be negative.
BS-M2b should not be negative.
BS-M2c should not be negative.
BS-M2d should not be negative.
BS-M2e should not be negative.
BS-M2f should not be negative.
BS-M2f1a should not be negative.
BS-M2f1b should not be negative.
BS-M2g should not be negative.
BS-M3a should not be negative.
BS-M3b should not be negative.
BS-M3c should not be negative.
BS-M3d should not be negative.
BS-M3e should not be negative.

fnbk3817 ge 0 or fnbk3817 eq null
fnbka013 ge 0 or fnbka013 eq null
fnbka014 ge 0 or fnbka014 eq null
fnbk3411 ge 0 or fnbk3411 eq null
fnbk3415 ge 0 or fnbk3415 eq null
fnbka015 ge 0 or fnbka015 eq null
fnbka098 ge 0 or fnbka098 eq null
fnbka099 ge 0 or fnbka099 eq null
fnbk3450 ge 0 or fnbk3450 eq null
fnbk3826 ge 0 or fnbk3826 eq null
fnbk3829 ge 0 or fnbk3829 eq null
fnbka100 ge 0 or fnbka100 eq null
fnbkf819 ge 0 or fnbkf819 eq null
fnbkf820 ge 0 or fnbkf820 eq null
fnbk1410 ge 0 or fnbk1410 eq null
fnbk3622 ge 0 or fnbk3622 eq null
fnbk3623 ge 0 or fnbk3623 eq null
fnbk1975 ge 0 or fnbk1975 eq null
fnbka017 ge 0 or fnbka017 eq null
fnbt2122 ge 0 or fnbt2122 eq null
fnbk1406 ge 0 or fnbk1406 eq null
fnbk1407 ge 0 or fnbk1407 eq null
fnbk1403 ge 0 or fnbk1403 eq null
fnbkj979 ge 0 or fnbkj979 eq null
fnbk1722 ge 0 or fnbk1722 eq null
fnbk5468 ge 0 or fnbk5468 eq null
fnbk5469 ge 0 or fnbk5469 eq null
fnbk5470 ge 0 or fnbk5470 eq null
fnbk5477 ge 0 or fnbk5477 eq null
fnbka210 ge 0 or fnbka210 eq null
fnbkg208 ge 0 or fnbkg208 eq null
fnbkf639 ge 0 or fnbkf639 eq null
fnbkf640 ge 0 or fnbkf640 eq null
fnbk5478 ge 0 or fnbk5478 eq null
fnbkb556 ge 0 or fnbkb556 eq null
fnbka022 ge 0 or fnbka022 eq null
fnbka023 ge 0 or fnbka023 eq null
fnbka024 ge 0 or fnbka024 eq null
fnbk2143 ge 0 or fnbk2143 eq null

EDIT-1
FR Y-7N

March 2019

Series

Effective
End Date
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

Edit
Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change

Schedule

Edit Type

FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N

Effective
Start Date
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

Edit Num- Target Item
ber
9170
BS-M4a
9170
BS-M4b
9170
BS-M5
9170
BS-M6a
9170
BS-M6b
9170
BS-M6c
9170
BS-M7a
9170
BS-M7b
9160
BS-19

MDRM Number
FNBKC382
FNBKC383
FNBK2309
FNBKA025
FNBKA026
FNBKA027
FNBKC384
FNBKC385
FNBK3300

BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS-M
BS

FRY7N
FRY7N
FRY7N

20101231
20101231
20101231

99991231
99991231
99991231

No Change
No Change
No Change

BS
BS
BS

Quality
Quality
Quality

9150
9150
9140

BS-18a
BS-18b
BS-17

FNBK3230
FNBK3240
FNBK2948

FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N

20101231
20101231
20101231
20101231
20101231
20101231
20101231

99991231
99991231
99991231
99991231
99991231
99991231
99991231

No Change
No Change
No Change
No Change
No Change
No Change
No Change

BS
BS
BS
BS
BS
BS
BS

Quality
Quality
Quality
Quality
Quality
Quality
Quality

9130
9130
9130
9130
9130
9130
9120

BS-11
BS-12
BS-13
BS-14
BS-15
BS-16
BS-10

FNBK3548
FNBKC379
FNBK1729
FNBK2750
FNBKA012
FNBKC380
FNBK2170

FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N

20190331
20190331
20190331
20190331
20101231
20190331
20101231
20180630
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20190331
20190331
20190331
20190331

99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231
99991231

Revised
Revised
Revised
Revised
No Change
Revised
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
Added
Added
Added
Added

IS-B
IS-B
IS-B
IS-B
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
BS
IS-B
IS-B
IS-B
IS-B

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100
9100

IS-B1A
IS-B2A
IS-B3A
IS-B6A
BS-1
BS-2a
BS-2b
BS-2c
BS-3a
BS-3b
BS-3c
BS-4
BS-5
BS-6
BS-7
BS-8
BS-9
IS-B1C
IS-B2B
IS-B2C
IS-B3B

FNBK3124
FNBK4605
FNBKC079
FNBT3123
FNBK0010
FNBKJJ34
FNBK1773
FNBKJA22
FNBK2122
FNBK3123
FNBK2125
FNBK3545
FNBK2145
FNBK2150
FNBK1724
FNBKC377
FNBKC378
FNBKJH94
FNBKJH89
FNBKJH95
FNBKJH92

Edit Test

Alg Edit Test

BS-M4a should not be negative.
BS-M4b should not be negative.
BS-M5 should not be negative.
BS-M6a should not be negative.
BS-M6b should not be negative.
BS-M6c should not be negative.
BS-M7a should not be negative.
BS-M7b should not be negative.
BS-19 should not be null and should not
be negative.
BS-18a should not be negative.
BS-18b should not be negative.
BS-17 should not be null and should not
be negative.
BS-11 should not be negative.
BS-12 should not be negative.
BS-13 should not be negative.
BS-14 should not be negative.
BS-15 should not be negative.
BS-16 should not be negative.
BS-10 should not be null and should not
be negative.
IS-B1A should not be negative.
IS-B2A should not be negative.
IS-B3A should not be negative.
IS-B6A should not be negative.
BS-1 should not be negative.
BS-2a should not be negative.
BS-2b should not be negative.
BS-2c should not be negative.
BS-3a should not be negative.
BS-3b should not be negative.
BS-3c should not be negative.
BS-4 should not be negative.
BS-5 should not be negative.
BS-6 should not be negative.
BS-7 should not be negative.
BS-8 should not be negative.
BS-9 should not be negative.
IS-B1C should not be negative.
IS-B2B should not be negative.
IS-B2C should not be negative.
IS-B3B should not be negative.

fnbkc382 ge 0 or fnbkc382 eq null
fnbkc383 ge 0 or fnbkc383 eq null
fnbk2309 ge 0 or fnbk2309 eq null
fnbka025 ge 0 or fnbka025 eq null
fnbka026 ge 0 or fnbka026 eq null
fnbka027 ge 0 or fnbka027 eq null
fnbkc384 ge 0 or fnbkc384 eq null
fnbkc385 ge 0 or fnbkc385 eq null
fnbk3300 ne null and fnbk3300 ge 0
fnbk3230 ge 0 or fnbk3230 eq null
fnbk3240 ge 0 or fnbk3240 eq null
fnbk2948 ne null and fnbk2948 ge 0
fnbk3548 ge 0 or fnbk3548 eq null
fnbkc379 ge 0 or fnbkc379 eq null
fnbk1729 ge 0 or fnbk1729 eq null
fnbk2750 ge 0 or fnbk2750 eq null
fnbka012 ge 0 or fnbka012 eq null
fnbkc380 ge 0 or fnbkc380 eq null
fnbk2170 ne null and fnbk2170 ge 0
fnbk3124 ge 0 or fnbk3124 eq null
fnbk4605 ge 0 or fnbk4605 eq null
fnbkc079 ge 0 or fnbkc079 eq null
fnbt3123 ge 0 or fnbt3123 eq null
fnbk0010 ge 0 or fnbk0010 eq null
fnbkjj34 ge 0 or fnbkjj34 eq null
fnbk1773 ge 0 or fnbk1773 eq null
fnbkja22 ge 0 or fnbkja22 eq NULL
fnbk2122 ge 0 or fnbk2122 eq null
fnbk3123 ge 0 or fnbk3123 eq null
fnbk2125 ge 0 or fnbk2125 eq null
fnbk3545 ge 0 or fnbk3545 eq null
fnbk2145 ge 0 or fnbk2145 eq null
fnbk2150 ge 0 or fnbk2150 eq null
fnbk1724 ge 0 or fnbk1724 eq null
fnbkc377 ge 0 or fnbkc377 eq null
fnbkc378 ge 0 or fnbkc378 eq null
fnbkjh94 ge 0 or fnbkjh94 eq null
fnbkjh89 ge 0 or fnbkjh89 eq null
fnbkjh95 ge 0 or fnbkjh95 eq null
fnbkjh92 ge 0 or fnbkjh92 eq null

EDIT-2
FR Y-7N

March 2019

Series

Effective
End Date
99991231
99991231
99991231
99991231
99991231
99991231
99991231

Edit
Change
Added
Added
Added
No Change
No Change
No Change
No Change

Schedule

Edit Type

FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N

Effective
Start Date
20190331
20190331
20190331
20101231
20101231
20101231
20101231

Quality
Quality
Quality
Quality
Quality
Quality
Quality

Edit Num- Target Item
ber
9100
IS-B3C
9100
IS-B6B
9100
IS-B6C
9090
IS-A5
9090
IS-A6
9090
IS-A7
9080
IS-A4

MDRM Number
FNBKJH98
FNBKJH93
FNBKJH99
FNBKB511
FNBK3581
FNBT3210
FNBK4598

IS-B
IS-B
IS-B
IS-A
IS-A
IS-A
IS-A

FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N
FRY7N

20110331
20110331
20101231
20101231
20101231
20101231
20101231
20101231
20180630
20180630
20101231
20180331
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231
20101231

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

IS
IS
IS
IS
IS
IS
IS
IS
IS
IS
IS
IS
IS
IS
IS-A
IS-A
IS-A
IS
IS
IS
IS

Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality
Quality

9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9050
9040
9040
9030
9010

IS-5a3
IS-5a9
IS-5a10
IS-5b
IS-5c
IS-7a
IS-7b
IS-7c
IS-8a
IS-8c
IS-9
IS-10
IS-11
IS-12
IS-A1
IS-A2
IS-A3
IS-5a1
IS-5a2
IS-3
IS-1a

FNBKA220
FNBKC887
FNBKB497
FNBK4619
FNBK4079
FNBKA034
FNBKC376
FNBK4093
FNBKHT69
FNBK4301
FNBK4302
FNBKFT28
FNBK3147
FNBK4340
FNBK3217
FNBT4340
FNBKA035
FNBK4070
FNBK4080
FNBK4074
FNBKA028

FRY7N

20101231

99991231

No Change

Quality

9010

IS-1b

FNBKA029

FRY7N

20101231

99991231

No Change

Quality

9010

IS-1c

FNBK4107

FRY7N

20101231

99991231

No Change

Quality

9010

IS-2a

FNBKA030

FRY7N

20101231

99991231

No Change

Quality

9010

IS-2b

FNBKA031

FRY7N

20101231

99991231

No Change

Quality

9010

IS-2c

FNBK4073

FRY7N

20190331

99991231

Added

IS-B

Quality

0704

IS-B3C

FNBKJH98

FRY7N

20190331

99991231

Added

IS-B

Quality

0702

IS-B3B

FNBKJH92

Edit Test

Alg Edit Test

IS-B3C should not be negative.
IS-B6B should not be negative.
IS-B6C should not be negative.
IS-A5 should not be null.
IS-A6 should not be null.
IS-A7 should not be null.
IS-A4 should not be null and should not
be negative.
IS-5a3 should not be null.
IS-5a9 should not be null.
IS-5a10 should not be null.
IS-5b should not be null.
IS-5c should not be null.
IS-7a should not be null.
IS-7b should not be null.
IS-7c should not be null.
IS-8a should not be null.
IS-8c should not be null.
IS-9 should not be null.
IS-10 should not be null.
IS-11 should not be null.
IS-12 should not be null.
IS-A1 should not be null.
IS-A2 should not be null.
IS-A3 should not be null.
IS-5a1 should not be negative.
IS-5a2 should not be negative.
IS-3 should not be null.
IS-1a should not be null and should not
be negative.
IS-1b should not be null and should not
be negative.
IS-1c should not be null and should not
be negative.
IS-2a should not be null and should not
be negative.
IS-2b should not be null and should not
be negative.
IS-2c should not be null and should not
be negative.
IS-B3C should be less than or equal to
BS-3a.
IS-B3B should be less than or equal to
BS-3a.

fnbkjh98 ge 0 or fnbkjh98 eq null
fnbkjh93 ge 0 or fnbkjh93 eq null
fnbkjh99 ge 0 or fnbkjh99 eq null
fnbkb511 ne null
fnbk3581 ne null
fnbt3210 ne null
fnbk4598 ne null and fnbk4598 ge 0
fnbka220 ne null
fnbkc887 ne null
fnbkb497 ne null
fnbk4619 ne null
fnbk4079 ne null
fnbka034 ne null
fnbkc376 ne null
fnbk4093 ne null
FNBKHT69 ne null
FNBK4301 ne null
fnbk4302 ne null
fnbkft28 ne null
fnbk3147 ne null
fnbk4340 ne null
fnbk3217 ne null
fnbt4340 ne null
fnbka035 ne null
fnbk4070 ge 0 or fnbk4070 eq null
fnbk4080 ge 0 or fnbk4080 eq null
fnbk4074 ne null
fnbka028 ne null and fnbka028 ge 0
fnbka029 ne null and fnbka029 ge 0
fnbk4107 ne null and fnbk4107 ge 0
fnbka030 ne null and fnbka030 ge 0
fnbka031 ne null and fnbka031 ge 0
fnbk4073 ne null and fnbk4073 ge 0
fnbkjh98 le fnbk2122
fnbkjh92 le fnbk2122

EDIT-3
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
Added

Schedule

Edit Type

FRY7N

Effective
Start Date
20190331

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0694
IS-B2C
FNBKJH95
IS-B2C should be less than or equal to
BS-3a.
0692
IS-B2B
FNBKJH89
IS-B2B should be less than or equal to
BS-3a.
0689
IS-B3C
FNBKJH98
If quarter equals June or September and
filing code equals null, or quarter equals
December and filing code equals "2",
then IS-B3C (current) should be greater
than or equal to IS-B3C (previous).
0687
IS-B3B
FNBKJH92
If quarter equals June or September and
filing code equals null, or quarter equals
December and filing code equals "2",
then IS-B3B (current) should be greater
than or equal to IS-B3B (previous).
0685
IS-B2C
FNBKJH95
If quarter equals June or September and
filing code equals null, or quarter equals
December and filing code equals "2",
then IS-B2C (current) should be greater
than or equal to IS-B2C (previous).
0683
IS-B2B
FNBKJH89
If quarter equals June or September and
filing code equals null, or quarter equals
December and filing code equals "2",
then IS-B2B (current) should be greater
than or equal to IS-B2B (previous).
0670
IS-B1A, IS- FNBK3124,
If BS-3b (previous December) is greater
B1B,
FNBKJH88,
than or equal to zero, then the sum of
IS-B1C
FNBKJH94
IS-B1A, IS-B1B, and IS-B1C (current)
should equal BS-3b (previous December).

IS-B

Quality

FRY7N

20190331

99991231

Added

IS-B

Quality

FRY7N

20190331

99991231

Added

IS-B

Intraseries

FRY7N

20190331

99991231

Added

IS-B

Intraseries

FRY7N

20190331

99991231

Added

IS-B

Intraseries

FRY7N

20190331

99991231

Added

IS-B

Intraseries

FRY7N

20190331

99991231

Revised

IS-B

Intraseries

FRY7N

20190331

99991231

Revised

IS-B

Quality

0670

IS-B1A, ISB1B,
IS-B1C

FNBK3124,
FNBKJH88,
FNBKJH94

FRY7N

20110331

99991231

No Change

Quality

0503

IS-5a3

FNBKA220

FRY7N
FRY7N

20190331
20101231

99991231
99991231

Added
No Change

IS-B
BS-M

Quality
Quality

9100
0800

IS-B1B
BS-M6c

FNBKJH88
FNBKA027

FRY7N

20090331

99991231

No Change

BS-M

Quality

0775

BS-M3e

FNBK2143

FRY7N

20101231

99991231

No Change

BS-M

Quality

0773

BS-M2f1b

FNBKF640

Alg Edit Test
fnbkjh95 le fnbk2122
fnbkjh89 le fnbk2122
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbkjh98-q1 ge fnbkjh98-q2)
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbkjh92-q1 ge fnbkjh92-q2)
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbkjh95-q1 ge fnbkjh95-q2)
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbkjh89-q1 ge fnbkjh89-q2)

if (mm-q1 eq 03 and fnbk3123-q2 ge
0) then
((fnbk3124+fnbkjh88+fnbkjh94)-q1 eq
fnbk3123-q2)) or if (mm-q1 eq 06 and
fnbk3123-q3 ge 0) then
((fnbk3124+fnbkjh88+fnbkjh94)-q1 eq
fnbk3123-q3)) or if (mm-q1 eq 09 and
fnbk3123-q4 ge 0) then
((fnbk3124+fnbkjh88+fnbkjh94)-q1 eq
fnbk3123-q4)) or if (mm-q1 eq 12 and
fnbk3123-q5 ge 0) then
((fnbk3124+fnbkjh88+fnbkjh94-q1 eq
fnbk3123-q5))
For December, if filing code (current)
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
equals "1" (annual filers) and BS-3b (pre- 1) and (fnbk3123-q5 ge 0)) then
vious December) is greater than or equal (fnbk3124 + fnbkjh88 + fnbkjh94)-q1 eq
to zero, then the sum of IS-B1A, IS-B1B, fnbk3123-q5)
and IS-B1C (current) should equal BS-3b
(current) should equal BS-3b (previous
December).
If BS-4 is not equal to null or zero, or
if (fnbk3545 ne null and fnbk3545 ne 0) or
BS-11 is not equal to null or zero, then
(fnbk3548 ne null and fnbk3548 ne
IS-5a3 should not equal zero.
0) then fnbka220 ne 0
IS-B1B should not be negative.
fnbkjh88 ge 0 or fnbkjh88 eq null
The sum of BS-M6a through BS-M6c
(fnbka025 + fnbka026 + fnbka027) le
should be less than or equal to BS-14.
fnbk2750
The sum of BS-M3a through BS-M3e
(fnbkb556 + fnbka022 + fnbka023 +
should be less than or equal to BS-7.
fnbka024 + fnbk2143) le fnbk1724
BS-M2f1b should be greater than or
fnbkf640 ge fnbkf639
equal to BS- M2f1a

EDIT-4
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

Edit Type

FRY7N

Effective
Start Date
20101231

BS-M

Quality

FRY7N

20101231

99991231

No Change

BS-M

Quality

FRY7N

20101231

99991231

No Change

BS-M

Quality

FRY7N

20090331

99991231

No Change

BS-M

Quality

FRY7N

20090331

99991231

No Change

BS-M

Quality

FRY7N

20110331

99991231

No Change

BS-A

Quality

FRY7N

20090331

99991231

No Change

BS-M

Quality

FRY7N

20090331

99991231

No Change

BS-M

Quality

FRY7N

20110331

99991231

No Change

Quality

FRY7N

20101231

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20110331

99991231

No Change

Quality

FRY7N

20101231

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0761
BS-M5
FNBK2309
BS-M5 should be less than or equal
BS-12
0760
BS-M7b
FNBKC385
Sum of BS-M7a and BS-M7b should be
less than or equal BS-16
0759
BS-M4b
FNBKC382
Sum of BS-M4a and BS-M4b should be
less than or equal BS-9
0758
BS-M2g
FNBK5478
The sum of BS-M2a, BS-M2b, BS-M2c,
BS-M2d, BS- M2e, BS-M2f, and
BS-M2g should be less than or equal
to BS-4
0757
BS-M2f1b
FNBKF640
If BS-M2f1b is not equal to null or zero,
then BS-M2f and BS-M2f1a should be
greater than zero.
0755
BS-A7c
FNBK1403
If the sum of BS-A7a, BS-A7b and
BS-A7c is not equal to zero or null, then
the sum of BS-A7a, BS-A7b, and
BS-A7c should be less than or equal to
BS-3a.
0753
BS-M2f1a
FNBKF639
BS-M2f1a should be less than or equal
to BS-M2f
0752
BS-M2f1a
FNBKF639
BS-M2f1a is not equal to null or zero,
then BS-M2f and BS-M2f1b should be
greater than zero.
0749
BS-Mem1b FNBKF820
If IS-Mem1 is not equal to null, then
BS-Mem1b should not equal null.
0748
BS-Mem1b FNBKF820
If BS-Mem1b (previous) is not equal to
null or zero, then BS-Mem1b (current)
should not equal null or zero.
0748
BS-Mem1b FNBKF820
For December, if filing code (current)
equals "1" (annual filers) and BS-Mem1b
(previous December) is not equal to null
or zero, then BS-Mem1b (current) should
not equal null or zero.
0747
BS-Mem1a FNBKF819
If IS-Mem1 is not equal to null, then
BS-Mem1a should not equal null.
0746
BS-Mem1a FNBKF819
If BS-Mem1a (previous) is not equal to
null or zero, then BS-Mem1a (current)
should not equal null or zero.
0746
BS-Mem1a FNBKF819
For December, if filing code (current)
equals "1" (annual filers) and BS-Mem1a
(previous December) is not equal to null
or zero, then BS-Mem1a (current) should
not equal null or zero.
0745
BS-30
FNBKA100
If BS-30 (previous) is greater than
$100 million, then BS-30 (current) should
be greater than zero.
0745
BS-30
FNBKA100
For December, if filing code (current)
equals "1" (annual filers) and BS-30 (previous December) is greater than
$100 million, then BS-30 (current) should
be greater than zero.

Alg Edit Test
(fnbk2309) le fnbkc379
(fnbkc384 + fnbkc385) le fnbkc380
(fnbkc382 + fnbkc383) le fnbkc378
(fnbk5468 + fnbk5469 + fnbk5470 +
fnbk5477 + fnbka210 + fnbkg208 +
fnbk5478) le fnbk3545
if (fnbkf640 ne null and fnbkf640 ne
0) then (fnbkg208 ge 0 and fnbkf639
ge 0)
if ((fnbk1406 + fnbk1407 + fnbk1403) ne
0 or (fnbk1406 + fnbk1407 + fnbk1403))
ne null then ((fnbk1406 + fnbk1407 +
fnbk1403) le fnbk2122
fnbkf639 le fnbkg208
if (fnbkf639 ne null and fnbkf639 ne
0) then (fnbkg208 ge 0 and fnbkf640
ge 0)
if fnbkj980 ne null then fnbkf820 ne null
if (fnbkf820-q2 ne null and fnbkf820-q2
ne 0 then (fnbkf820-q1 ne null and
fnbkf820-q1 ne 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and (fnbkf820-q5 ne null and
fnbkf820-q5 ne 0)) then (fnbkf820-q1 ne
null and fnbkf820-q1 ne 0)
if fnbkj980 ne null then fnbkf819 ne null
if (fnbkf819-q2 ne null and fnbkf819-q2
ne 0 then (fnbkf819-q1 ne null and
fnbkf819-q1 ne 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and (fnbkf819-q5 ne null and
fnbkf819-q5 ne 0)) then (fnbkf819-q1 ne
null and fnbkf819-q1 ne 0)
if fnbka100-q2 gt 100000 then
fnbka100-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbka100-q5 gt 100000 then
fnbka100-q1 gt 0

EDIT-5
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

Edit Type

FRY7N

Effective
Start Date
20090331

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0744
BS-29
FNBK3829
If BS-29 (previous) is greater than
$100 million, then BS-29 (current) should
be greater than zero.
0744
BS-29
FNBK3829
For December, if filing code (current)
equals "1" (annual filers) and BS-29 (previous December) is greater than
$100 million, then BS-29 (current) should
be greater than zero.
0743
BS-28
FNBK3826
If BS-28 (previous) is greater than
$100 million, then BS-28 (current) should
be greater than zero.
0743
BS-28
FNBK3826
For December, if filing code (current)
equals "1" (annual filers) and BS-28 (previous December) is greater than
$100 million, then BS-28 (current) should
be greater than zero.
0742
BS-27
FNBK3450
If BS-27 (previous) is greater than
$100 million, then BS-27 (current) should
be greater than zero.
0742
BS-27
FNBK3450
For December, if filing code (current)
equals "1" (annual filers) and BS-27 (previous December) is greater than
$100 million, then BS-27 (current) should
be greater than zero.
0741
BS-26b
FNBKA099
If BS-26b (previous) is greater than
$100 million, then BS-26b (current)
should be greater than zero.
0741
BS-26b
FNBKA099
For December, if filing code (current)
equals "1" (annual filers) and BS-26b
(previous December) is greater than
$100 million, then BS-26b (current)
should be greater than zero.
0740
BS-26a
FNBKA098
If BS-26a (previous) is greater than
$100 million, then BS-26a (current)
should be greater than zero.
0740
BS-26a
FNBKA098
For December, if filing code (current)
equals "1" (annual filers) and BS-26a
(previous December) is greater than
$100 million, then BS-26a (current)
should be greater than zero.
0739
BS-25
FNBKA015
If BS-25 (previous) is greater than
$100 million, then BS-25 (current) should
be greater than zero.
0739
BS-25
FNBKA015
For December, if filing code (current)
equals "1" (annual filers) and BS-25 (previous December) is greater than
$100 million, then BS-25 (current) should
be greater than zero.
0738
BS-24
FNBK3415
If BS-24 (previous) is greater than
$100 million, then BS-24 (current) should
be greater than zero.

Alg Edit Test
if fnbk3829-q2 gt 100000 then
fnbk3829-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbk3829-q5 gt 100000 then
fnbk3829-q1 gt 0
if fnbk3826-q2 gt 100000 then
fnbk3826-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbk3826-q5 gt 100000 then
fnbk3826-q1 gt 0
if fnbk3450-q2 gt 100000 then
fnbk3450-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbk3450-q5 gt 100000 then
fnbk3450-q1 gt 0
if fnbka099-q2 gt 100000 then
fnbka099-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbka099-q5 gt 100000 then
fnbka099-q1 gt 0
if fnbka098-q2 gt 100000 then
fnbka098-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbka098-q5 gt 100000 then
fnbka098-q1 gt 0
if fnbka015-q2 gt 100000 then
fnbka015-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbka015-q5 gt 100000 then
fnbka015-q1 gt 0
if fnbk3415-q2 gt 100000 then
fnbk3415-q1 gt 0

EDIT-6
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

Edit Type

FRY7N

Effective
Start Date
20091231

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0738
BS-24
FNBK3415
For December, if filing code (current)
equals "1" (annual filers) and BS-24 (previous December) is greater than
$100 million, then BS-24 (current) should
be greater than zero.
0737
BS-23
FNBK3411
If BS-23 (previous) is greater than
$100 million, then BS-23 (current) should
be greater than zero.
0737
BS-23
FNBK3411
For December, if filing code (current)
equals "1" (annual filers) and BS-23 (previous December) is greater than
$100 million, then BS-23 (current) should
be greater than zero.
0736
BS-22
FNBKA014
If BS-22 (previous) is greater than
$100 million, then BS-22 (current) should
be greater than zero.
0736
BS-22
FNBKA014
For December, if filing code (current)
equals "1" (annual filers) and BS-22 (previous December) is greater than
$100 million, then BS-22 (current) should
be greater than zero.
0735
BS-21
FNBKA013
If BS-21 (previous) is greater than
$100 million, then BS-21 (current) should
be greater than zero.
0735
BS-21
FNBKA013
For December, if filing code (current)
equals "1" (annual filers) and BS-21 (previous December) is greater than
$100 million, then BS-21 (current) should
be greater than zero.
0734
BS-20
FNBK3817
If BS-20 (previous) is greater than
$100 million, then BS-20 (current) should
be greater than zero.
0734
BS-20
FNBK3817
For December, if filing code (current)
equals "1" (annual filers) and BS-20 (previous December) is greater than
$100 million, then BS-20 (current) should
be greater than zero.
730
BS-30
FNBKA100
If the filing code for December equals 2,
then BS-10 should be greater than or
equal to $1 billion, or the sum of BS-20
through BS-30 should be greater than
$5 billion.

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20090331

99991231

No Change

Intraseries

FRY7N

20091231

99991231

No Change

Quality

FRY7N

20080331

99991231

No Change

Quality

FRY7N

20091231

99991231

No Change

Quality

0722

BS-18f

FNBKF033

FRY7N

20080630

99991231

No Change

Quality

0721

BS-18f

FNBKF033

FRY7N

20131231

99991231

No Change

Quality

0720

BS-10

FNBK2170

FRY7N

20190331

99991231

Revised

IS-B

Quality

0700

IS-B3A

FNBKC079

If the sum of BS-18a, 18b and BS-18f is
not equal to zero or null, then BS-18e
should equal null.
If the sum of BS-18a, BS-18b and
BS-18f is equal to zero or null, then
BS-18e should not equal null.
For December, if the filing code equals 1,
then BS-10 should be in the range of
$500 million to $1 billion.
IS-B3A should be less than or equal to
BS-3a.

Alg Edit Test
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbk3415-q5 gt 100000 then
fnbk3415-q1 gt 0
if fnbk3411-q2 gt 100000 then
fnbk3411-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbk3411-q5 gt 100000 then
fnbk3411-q1 gt 0
if fnbka014-q2 gt 100000 then
fnbka014-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbka014-q5 gt 100000 then
fnbka014-q1 gt 0
if fnbka013-q2 gt 100000 then
fnbka013-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbka013-q5 gt 100000 then
fnbka013-q1 gt 0
if fnbk3817-q2 gt 100000 then
fnbk3817-q1 gt 0
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and fnbk3817-q5 gt 100000 then
fnbk3817-q1 gt 0
if mm-q1 eq 12 and fnbk6909 eq 2, then
fnbk2170 ge 1000000, or (fnbk3817 +
fnbka013 + fnbka014 + fnbk3411 +
fnbk3415 + fnbka015 + fnbka098 +
fnbka099 + fnbk3450 + fnbk3826 +
fnbk3829 fnbka100) gt 5000000
if (fnbk3230 + fnbk3240 + fnbka130) ne 0
or null then fnbkf033 eq null
if (fnbk3230 + fnbk3240 + fnbka130) eq 0
or null then fnbkf033 ne null
if (mm-q1 eq 12 and fnbk6909 eq 1) then
((fnbk2170 ge 500000) and (fnbk2170 lt
1000000))
fnbkc079 le fnbk2122

EDIT-7
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
Revised

Schedule

Edit Type

FRY7N

Effective
Start Date
20190331

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0690
IS-B2A
FNBK4605
IS-B2A should be less than or equal to
BS-3a.
0682
IS-B3A
FNBKC079
If quarter equals June or September and
filing code equals null or quarter equals
December and filing code equals "2",
then IS-B3A (current) should be greater
than or equal to IS-B3A (previous).
0681
IS-B2A
FNBK4605
If quarter equals June or September and
filing code equals null or quarter equals
December and filing code equals "2",
then IS-B2A (current) should be greater
than or equal to IS-B2A (previous).
0640
IS-A4
FNBK4598
If quarter equals June or September and
filing code equals null or quarter equals
December and filing code equals "2",
then IS-A4 (current) should be greater
than or equal to IS-A4 (previous).
0620
IS-A4
FNBK4598
If IS-A4 is greater than zero, then BS-18a
should be greater than zero.
0610
IS-A3
FNBKA035
IS-A3 should be less than or equal to the
sum of BS- 18a and BS-18b.
0605
IS-A1
FNBK3217
For December, if filing code (current)
equals "1" (annual filers) and BS-18g
(previous December) is not equal to null,
then IS-A1 (current) should equal BS-18g
(previous December).
0605
IS-A1
FNBK3217
If BS-18g (previous December) is not
equal to null, then IS-A1 (current) should
equal BS-18g (previous December).

IS-B

Quality

FRY7N

20190331

99991231

Revised

IS-B

Intraseries

FRY7N

20190331

99991231

Revised

IS-B

Intraseries

FRY7N

20110331

99991231

No Change

IS-A

Intraseries

FRY7N

20080331

99991231

No Change

IS-A

Quality

FRY7N

20080331

99991231

No Change

IS-A

Quality

FRY7N

20101231

99991231

No Change

IS-A

Quality

FRY7N

20101231

99991231

No Change

IS-A

Intraseries

FRY7N

20110331

99991231

No Change

Intraseries

0604

BS-Mem1b FNBKF820

FRY7N

20110331

99991231

No Change

Intraseries

0601

BS-Mem1a

FNBKF819

FRY7N

20110331

99991231

No Change

Intraseries

0600

IS-Mem1

FNBKJ980

FRY7N

20110331

99991231

No Change

Quality

0591

IS-Mem1

FNBKJ980

If quarter equals March, June, or September and filing code equals null, or
quarter equals December and filing code
equals "2", and BS-Mem1b (current
minus previous) is not equal to zero, then
IS-Mem1 (current) should not equal null.
If quarter equals March, June, or September and filing code equals null, or
quarter equals December and filing code
equals "2", and BS-Mem1a (current
minus previous) is not equal to zero, then
IS-Mem1 (current) should not equal null.
If quarter equals March, June or September and filing code equals null, or quarter
equals December and filing code equals
"2", and IS-Mem1 (previous) is not equal
to null, then IS-Mem1 (current) should
not equal null
If IS-Mem1 is not equal to null or zero,
then the sum of IS-5a3, IS-5a6, IS-5a10,
and IS-5b should not equal zero.

Alg Edit Test
fnbk4605 le fnbk2122
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbkc079-q1 ge fnbkc079-q2)
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbk4605-q1 ge fnbk4605-q2)
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbk4598-q1 ge fnbk4598-q2)
if fnbk4598 gt 0 then fnbk3230 gt 0
fnbka035 le (fnbk3230 + fnbk3240)
if ((mm-q1 eq 12) and (fnbk6909-q1 eq
1) and (fnbk3210-q5 ne null)) then
(fnbk3217-q1 eq fnbk3210-q5)
if (mm-q1 eq 03 and fnbk3210-q2 ne
null) then (fnbk3217-q1 eq fnbk3210-q2)
or if (mm-q1 eq 06 and fnbk3210-q3 ne
null) then (fnbk3217-q1 eq fnbk3210-q3)
or if (mm-q1 eq 09 and fnbk3210-q4 ne
null) then (fnbk3217-q1 eq fnbk3210-q4)
or if (mm-q1 eq 12 and fnbk3210-q5 ne
null) then (fnbk3217-q1 eq
if (mm-q1 eq 03 and fnbk6909 eq null) or
(mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) and
((fnbkf820-q1 - fnbkf820-q2) ne 0) then
fnbkj980-q1 ne null
if (mm-q1 eq 03 and fnbk6909 eq null) or
(mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) and
((fnbkf819-q1 - fnbkf819-q2) ne 0)) then
fnbkj980-q1 ne null
if ((mm-q1 eq 03 and fnbk6909 eq null) or
(mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) and
fnbkj980-q2 ne null) then fnbkj980-q1
ne null
If (fnbkj980 ne null and fnbkj980 ne
0) then ((fnbka220 + fnbkb492 +
fnbkb497 + fnbk4619) ne 0)

EDIT-8
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

Edit Type

FRY7N

Effective
Start Date
20110331

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0589
IS-Mem1
FNBKJ980
If BS-Mem1b is not equal to null, then
IS-Mem1 should not equal null.
0588
IS-Mem1
FNBKJ980
If BS-Mem1a is not equal to null, then
IS-Mem1 should not equal null.
0580
IS-6
FNBK4091
If IS-6 is not zero or null, then BS-2a or
BS-2b should not be zero or null.
0565
IS-4
FNBKJJ33
If IS-4 is not zero or null, then BS-3b
should not be zero or null.

Quality

FRY7N

20110331

99991231

No Change

Quality

FRY7N

20191231

99991231

Revised

Quality

FRY7N

20190331

99991231

Revised

Quality

FRY7N

20110331

99991231

No Change

Intraseries

0560

IS-7b

FNBKC376

FRY7N

20110331

99991231

No Change

Intraseries

0559

IS-7a

FNBKA034

FRY7N

20110331

99991231

No Change

Intraseries

0558

IS-5a8

FNBKB494

FRY7N

20110331

99991231

No Change

Intraseries

0557

IS-5a4

FNBKB490

FRY7N

20110331

99991231

No Change

Intraseries

0556

IS-5a2

FNBK4080

FRY7N

20110331

99991231

No Change

Intraseries

0555

IS-5a1

FNBK4070

FRY7N

20110331

99991231

No Change

Intraseries

0554

IS-2b

FNBKA031

FRY7N

20110331

99991231

No Change

Intraseries

0553

IS-2a

FNBKA030

Alg Edit Test
if fnbkf820 ne null then fnbkj980 ne null
if fnbkf819 ne null then fnbkj980 ne null

if fnbk4091 ne 0 or null then fnbkjj34 or
fnbk1773 ne 0 or null
if ((fnbkjj33 ne 0) and (fnbkjj33 ne null))
then ((fnbk3123 ne 0) and (fnbk3123 ne
null)
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 09 and fnbk6909 eq null) or
equals December and the filing code
(mm-q1 eq 12 and fnbk6909 eq 2) then
equals "2", then IS-7b (current) should be (fnbkc376-q1 ge fnbkc376-q2)
greater than or equal to IS-7b (previous).
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 12 and fnbk6909 eq 2) then
equals December and the filing code
equals "2", then IS-7a (current) should be (fnbka034-q1 ge fnbka034-q2)
greater than or equal to IS-7a (previous).
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 09 and fnbk6909 eq null) or
equals December and the filing code
(mm-q1 eq 12 and fnbk6909 eq 2) then
equals "2", then IS-5a8 (current) should
(fnbkb494-q1 ge fnbkb494-q2)
be greater than or equal to IS-5a8 (previous).
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 09 and fnbk6909 eq null) or
equals December and the filing code
(mm-q1 eq 12 and fnbk6909 eq 2) then
equals "2", then IS-5a4 (current) should
(fnbkb490-q1 ge fnbkb490-q2)
be greater than or equal to IS-5a4 (previous).
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 12 and fnbk6909 eq 2) then
equals December and the filing code
(fnbk4080-q1 ge fnbk4080-q2)
equals "2", then IS-5a2 (current) should
be greater than or equal to IS-5a2 (previous).
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 09 and fnbk6909 eq null) or
equals December and the filing code
(mm-q1 eq 12 and fnbk6909eq 2) then
equals "2", then IS-5a1 (current) should
(fnbk4070-q1 ge fnbk4070-q2)
be greater than or equal to IS-5a1 (previous).
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 09 and fnbk6909 eq null) or
equals December and the filing code
(mm-q1 eq 12 and fnbk6909 eq 2) then
equals "2", then IS-2b (current) should be (fnbka031-q1 ge fnbka031-q2)
greater than or equal to IS-2b (previous).
If quarter equals June or September and if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
the filing code equals null, or quarter
(mm-q1 eq 12 and fnbk6909 eq 2) then
equals December and the filing code
equals "2", then IS-2a (current) should be (fnbka030-q1 ge fnbka030-q2)
greater than or equal to IS-2a (previous).

EDIT-9
FR Y-7N

March 2019

Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

Edit Type

FRY7N

Effective
Start Date
20110331

Intraseries

FRY7N

20110331

99991231

No Change

Intraseries

Edit Num- Target Item MDRM Num- Edit Test
ber
ber
0552
IS-1b
FNBKA029
If quarter equals June or September and
the filing code equals null, or quarter
equals December and the filing code
equals "2", then IS-1b (current) should be
greater than or equal to IS-1b (previous).
0551
IS-1a
FNBKA028
If quarter equals June or September and
the filing code equals null, or quarter
equals December and the filing code
equals "2", then IS-1a (current) should be
greater than or equal to IS-1a (previous).

Alg Edit Test
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbka029-q1 ge fnbka029-q2)
if (mm-q1 eq 06 and fnbk6909 eq null) or
(mm-q1 eq 09 and fnbk6909 eq null) or
(mm-q1 eq 12 and fnbk6909 eq 2) then
(fnbka028-q1 ge fnbka028-q2)

EDIT-10
FR Y-7N

March 2019

Validity (V) Edits for the FR Y-7NS
Effective as of December 31, 2014
Series

Effective
End Date
99991231

Edit
Change
Added

Schedule

Edit Type

FRY7NS

Effective
Start Date
20141231

Page 1

Validity

Edit
Number
8000

FRY7NS

20141231

99991231

Added

Page 1

Validity

8001

Target Item MDRM
Number
SROFFNBTC490
FRNM
TITLEOFF
FNBTC491

FRY7NS

20141231

99991231

Added

Page 1

Validity

8002

DATESIGN

FNBTJ196

FRY7NS

20121231

99991231

Revised

Page 1

Validity

0120

NUMRPTS

FNBKJ444

FRY7NS

20080331

99991231

No Change

Validity

0100

FS-5

FNBKF822

Edit Test

Alg Edit Test

Text for printed name of senior officer
(SROFFRNM) must be provided.
Text for printed title of senior officer (TITLEOFF) must be provided.
Text for Date of Signature (DATESIGN)
must be provided and entered in
MM/DD/YYYY format.
Number of reports attested to under this
signature must be greater than or equal
to 1.
FS-5 must equal "1" (yes) or "0" (no).

fnbtc490 ne null
fnbtc491 ne null
fnbtj196 ne null
fnbkj444 ge 1
fnbkf822 eq 1 or fnbkf822 eq 0

CHK-1
FR Y-7NS

December 2014

Quality (Q) Edits for the FR Y-7NS
Effective as of December 31,2013
Series

Effective
End Date
99991231
99991231

Edit
Change
Added
Revised

Schedule

FRY7NS
FRY7NS

Effective
Start Date
20101231
20131231

FS
FS

Edit
Type
Quality
Quality

Edit
Number
9000
0900

Target
Item
FS-1
FS-2

MDRM
Number
FNBK4340
FNBK2170

FRY7NS
FRY7NS

20091231
20091231

99991231
99991231

Revised
Revised

FS
FS

Quality
Quality

0920
0940

FS-2
FS-3

FNBK2170
FNBK3210

FRY7NS
FRY7NS

20101231
20101231

99991231
99991231

Added
Revised

FS
FS

Quality
Quality

9000
0960

FS-3
FS-4

FNBK3210
FNBK2013

Edit Test

Alg Edit Test

FS-1 should not be null.
FS-2 should be greater than or equal to
$250 million and less than $500 million.
FS-1 should be less than FS-2.
FS-3 should be less than or equal to
FS-2.
FS-3 should not be null.
If FS-4 is not equal to null then FS-4
should be greater than or equal 0 and
less than $5 billion.

fnbk4340 ne null
fnbk2170 ge 250000 and fnbk2170 lt
500000
fnbk4340 lt fnbk2170
fnbk3210 le fnbk2170
fnbk3210 ne null
if fnbk2013 ne null then fnbk2013 ge 0
and fnbk2013 lt 5000000

EDIT-1
FR Y-7NS

December 2013

File Type	application/pdf
File Modified	2021-03-16
File Created	2020-02-27