Recordkeeping

Board of Governors of the Federal Reserve System

Instructions for the Preparation of

Holding Company Report of Insured Depository Institutions’
Section 23A Transactions with Affiliates
Reporting Form FR Y-8
Effective April 2020

GENERAL INSTRUCTIONS FOR PREPARATION OF

Holding Company Report of Insured
Depository Institutions’ Section 23A
Transactions with Affiliates
FR Y-8

Who Must Report
The Holding Company Report of Insured Depository
Institutions’ Section 23A Transactions with Affiliates
(FR Y-8) must be filed by all top-tier bank holding
companies (BHCs), financial holding companies
(FHCs), intermediate holding companies (IHCs) and
savings and loan holding companies (SLHCs)1 that
own or control insured depository institutions that
have any section 23A transactions with their affiliates.
The FR Y-8 report must be filed as of the last calendar
day of the quarter. The reporting holding company
must provide the requested information on this report
for each insured depository institution that it controls.
A separate FR Y-8 report form should be filed for each
insured depository institution that has section 23A transactions with affiliates. All transactions that insured
depository institutions have with affiliates (see glossary) are reported at the insured depository institution
level. Holding companies that own or control insured
depository institutions that do not have any section 23A transactions with their affiliates do not have
to file the FR Y-8 report.
For purposes of this report, an insured depository
institution includes any state bank, national bank,
trust company, or banking association and any institution that takes deposits that are insured by the Federal
Deposit Insurance Corporation, including savings
associations. An insured depository institution does
not include the insured branches and agencies of a foreign bank. For purposes of this report, transactions
1. Savings and loan holding companies do not include any trust
(other than a pension, profit-sharing, stockholders’ voting or business
trust) which controls a savings association if such trust by its terms
must terminate within 25 years or not later than 21 years and 10 months
after the death of individuals living on the effective date of the trust,
and (a) was in existence and in control of a savings association on
June 26, 1967, or (b) is a testamentary trust. See Section 238.2 of Regulation LL for more information.

between a subsidiary of an insured depository institution and an affiliate are included as part of the insured
depository institution’s FR Y-8 report. The only subsidiaries excluded from this treatment are financial
subsidiaries, insured depository institution subsidiaries, and certain ESOPs and joint venture subsidiaries
(as defined in the attached glossary)—companies that
are deemed affiliates of the insured depository institution. A holding company should only include information for insured depository institutions and their subsidiaries that are part of the holding company’s
organizational structure as of the last calendar day of
the quarter for which the report is being filed.
All qualified foreign banking organizations that own a
U.S. subsidiary bank also must file this report. However, in the case of a multi-tiered foreign banking organization, if there is a domestic HC that is a subsidiary
of the foreign banking organization, the domestic HC
must file the FR Y-8 for each insured depository institution that is owned directly or indirectly by the
domestic HC. The foreign banking organization must
file this report only for a U.S. subsidiary bank that it
owns directly.

Where to Submit the Reports
The reports are to be submitted for each report date on
the report forms provided by the Federal Reserve Bank
where the holding company’s Consolidated Financial
Statements for Holding Companies (FR Y-9C) or Parent Company Only Financial Statements for Small
Holding Companies (FR Y-9SP) or Annual Report of
Foreign Banking Organizations (FR Y-7) is submitted,
regardless of the location of the insured depository
institution.

Electronic Submission
All holding companies must submit their completed
FR Y-8 reports electronically. Holding companies
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General Instructions

should contact their district Reserve Bank or go to
www.frbservices.org/centralbank/reportingcentral/
index.html for procedures for electronic submission.

found on the Federal Reserve Board’s public website
(www.federalreserve.gov/regulations).

B. Instructional Detail

When to Submit the Reports
The Holding Company Report of Insured Depository
Institutions’ Section 23A Transactions with Affıliates
(FR Y-8) is required to be submitted as of March 31,
June 30, September 30 and December 31.
The submission date for a holding company to file this
report for each insured depository institution is 30 calendar days after the report date. Any holding company
that controls an insured depository institution that has
more than one foreign office, other than a “shell”
branch or an International Banking Facility, may take
an additional fifteen days to submit the report.
The term “submission date” is defined as the date by
which the Federal Reserve must receive the holding
company’s FR Y-8 report.
If the submission deadline falls on a weekend or holiday, the report must be received on the first business
day after the Saturday, Sunday, or holiday. Earlier submission aids the Federal Reserve in reviewing and processing the reports and is encouraged. No extensions of
time for submitting reports are granted.
The report is due by the end of the reporting day on the
submission date (5:00 p.m. at each district Reserve
Bank).

How to Prepare the Reports
A. Applicability of GAAP
Holding companies are required to prepare the FR Y-8
in accordance with generally accepted accounting principles (GAAP) and with these instructions. All reports
shall be reported in a consistent manner.
Holding companies should refer to the glossary of this
report, Regulation W, 12 CFR Part 223 and section 23A
of the Federal Reserve Act for additional information on
the items requested on this report. A copy of the FR Y-8
form and instructions may be found on the Federal
Reserve Board’s public website (www.federalreserve.gov/
apps/reportforms). Also, a copy of Regulation W may be

Legal Name of the Insured Depository
Institution
When specifying the name of the insured depository
institution for which the FR Y-8 is being filed, use the
legal name as it appears 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).

Page 1
Page 1 of the report must include the legal name of the
holding company filing the FR Y-8 and the mailing
address. The name and telephone number of a contact
at the holding company to whom questions about the
report(s) may be directed must be indicated.

Report Form Captions
No caption on the report form shall be changed in any
way. For all respondents, an entry (i.e., an amount or a
zero) must be made for items 1 and 2 unless the reporting institution has checked the first box on page 2 indicating that the insured depository institution has covered transactions with financial subsidiaries only. An
entry (i.e., an amount or a zero) must be made for items
3 through 7 unless the reporting institution has
checked the second box on page 2 indicating that the
insured depository institution does not control financial subsidiaries. For all respondents, an entry (i.e., an
amount or a zero) must be made for Memorandum
item 1.

C. Rounding
All dollar amounts must be reported in thousands of
dollars, with the figures rounded to the nearest thousand. Items less than $500 should be reported as zero.

D. Confidentiality
The Federal Reserve System regards the individual
insured depository institution information provided by
each respondent as confidential. If it should be deter-

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mined subsequently that any information collected on
this form must be released, respondents will be
notified.

tion requirement and this page should be attached to
the data printout placed in the holding company’s files.

F. Additional Information
E. Signatures
The FR Y-8 must be signed at the places and in the
manner indicated on page 1 by an authorized officer of
the holding company. By signing page 1 of this report,
the authorized officer acknowledges that any knowing
and willful misrepresentation or omission of a material
fact constitutes fraud in the inducement and may subject the officer to legal sanctions provided by 18 USC
1001 and 1007.
Holding companies must maintain in their files a
manually signed and attested printout of the data submitted. Page 1 of the Reserve Bank supplied report
form should be used to fulfill the signature and attesta-

The Federal Reserve System reserves the right to
require additional information from the insured
depository institution through the holding company if
the FR Y-8 is not sufficient to determine compliance
with applicable laws and regulations.

G. Amended Reports
The Federal Reserve may require the filing of amended
Holding Company Report of Insured Depository
Institutions’ Section 23A Transactions with Affiliates
if reports as previously submitted contain significant
errors.

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LINE ITEM INSTRUCTIONS FOR

The Holding Company Report of
Insured Depository Institutions’
Section 23A Transactions with
Affiliates
General Instructions
This report collects information on covered transactions between an insured depository institution and its
affiliates that are subject to section 23A of the Federal
Reserve Act, 12 U.S.C. 371c, including derivative transactions between an insured depository institution and
its affiliates. Affiliates and covered transactions are
briefly described below. Please refer to the glossary of
this report, Regulation W, 12 CFR Part 223 and section 23A of the Federal Reserve Act for additional information.

Affiliate
An affiliate of an insured depository institution
includes a company that controls the insured depository institution, a company under common control
with the insured depository institution, a company
with a majority interlocking directorate with the
insured depository institution, a company that is sponsored and advised by the insured depository institution, certain other investment companies advised by
the insured depository institution, an insured depository institution subsidiary, a financial subsidiary, and
certain ESOP and joint venture subsidiaries. An operating subsidiary of an insured depository institution is
treated as part of the insured depository institution
itself and is not an affiliate. See the glossary for a complete description of entities that are and are not considered affiliates.

Covered Transactions
Only covered transactions between an insured depository institution and its affiliates are subject to section 23A. Covered transactions include the following
transactions:
(1) a loan or extension of credit to an affiliate;

(2) a purchase of, or investment in, securities issued
by an affiliate;
(3) a purchase of assets from an affiliate, including
an asset subject to repurchase;
(4) the acceptance of securities issued by an affiliate
as collateral for an extension of credit to any person or company; and
(5) the issuance of a guarantee, acceptance, or letter
of credit on behalf of an affiliate.
An insured depository institution’s purchase of debt
securities issued by an affiliate is an extension of credit
and, unless purchased from a nonaffiliate in a bona
fide secondary market transaction, must be
collateralized.
In general, a credit exposure arising from a derivative
transaction between an insured depository institution
and its affiliates is not subject to the quantitative limits
and collateral requirements of section 23A. However, a
credit derivative between an insured depository institution and a nonaffiliate in which the insured depository
institution protects the nonaffiliate from a default on,
or decline in value of, an obligation of an affiliate of
the insured depository institution is a guarantee by the
insured depository institution on behalf of an affiliate
and is covered under section 23A.
In addition, intraday extensions of credit that meet the
requirements of 12 CFR 223.42(1) are not subject to
the quantitative limits and collateral requirements of
section 23A and should not be reported.
Additional information on covered transactions that
are exempt from the quantitative limits or collateral
requirements of section 23A can be found in the glossary of this report, Regulation W, and section 23A of
the Federal Reserve Act. Covered transactions that are
exempt should not be included in this report.
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Limits on Covered Transactions
Section 23A limits the aggregate amount of covered
transactions between an insured depository institution
and any single affiliate (other than a financial subsidiary) to no more than 10 percent of the insured depository institution’s capital stock and surplus (as defined
in the glossary), and the aggregate amount of covered
transactions with all affiliates (including financial subsidiaries) to no more than 20 percent of the insured
depository institution’s capital stock and surplus. An
insured depository institution may engage in covered
transactions with a single financial subsidiary up to
20 percent of the insured depository institution’s capital stock and surplus (as defined in the glossary).
The maximum aggregate amount for all covered transactions on any single day that are subject to 23A limits
is reported in Memorandum item 1.

Covered Transactions Subject to Section 23A
Collateral Requirements
Section 23A also requires that certain covered transactions between an insured depository institution and its
affiliates meet statutorily defined collateral requirements. The types of covered transactions subject to the
collateral requirements are the following:

Note: In general, covered transactions must be
reported for as long as the transactions remain on the
insured depository institution’s books. See Regulation W for additional information on the valuation of
different transactions 12 CFR 223.21–223.24.

Line Item Instructions for Part I
Part I must be completed by all HCs for each insured
depository institution that has covered transactions
with affiliates or that controls a financial subsidiary.
An insured depository institution that has covered
transactions with financial subsidiaries only should
check the first box on page 2 of the report form and
not complete items 1 and 2.
Line items 1 and 2 below are to be reported by all HCs
for each insured depository institution that has covered
transactions with affiliates other than financial
subsidiaries.
An insured depository institution that does not control
any financial subsidiaries should check the second box
on page 2 of the report form and not complete items 3
through 7.
Line items 3 through 7 below are to be reported by all
HCs with an insured depository institution that controls a financial subsidiary.

(1) a loan or extension of credit to an affiliate; and

All HCs must complete Memorandum item 1.

(2) a guarantee, acceptance, or letter of credit
(including an endorsement or standby letter of
credit) issued on behalf of an affiliate (including a
credit derivative).

Respondents should report in column A the outstanding aggregate amount of covered transactions as of the
report date. Respondents should report in column B
the maximum aggregate amount during the calendar
quarter ending with the report date. Respondents
should determine an end of day total (each day) for the
category of covered transactions specified in each line
item and report in column B only the largest end of day
total (i.e., a single day amount) during the quarter.

Covered Transactions Not Subject to
Section 23A Collateral Requirements
Covered transactions not subject to section 23A collateral requirements include the following transactions:
(1) the purchase of, or investment in, securities issued
by an affiliate;
(2) the purchase of assets, including assets subject to
an agreement to repurchase, from an affiliate; and
(3) the acceptance of securities issued by an affiliate
as collateral security for a loan or extension of
credit to any person or company.

Line Item 1 Covered transactions subject to
section 23A collateral requirements. (Exclude
transactions between the insured depository institution
and financial subsidiaries.)
Report in column A the outstanding aggregate amount
of covered transactions that are subject to section 23A
collateral requirements that the insured depository
institution (as defined in the glossary) had with its
affiliates as of the report date. Report in column B the

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maximum aggregate amount of such transactions during the calendar quarter ending with the report date.
Exclude transactions between the insured depository
institution and its financial subsidiaries or financial
subsidiaries of an affiliated insured depository
institution.
A line of credit that is extended to an affiliate is an
extension of credit. Any portion of the line of credit
that is used (drawn down) must be secured and
reported in this item. Any portion of a line of credit
that is unused (undrawn) is not subject to section 23A
collateral requirements if the insured depository institution does not have a legal obligation to advance additional funds until the collateral is provided and is
reported in item 2 as a covered transaction.
Line Item 2 Covered transactions not subject to
section 23A collateral requirements. (Exclude
transactions between the insured depository institution
and financial subsidiaries.)
Report in column A the outstanding aggregate amount
of covered transactions that are not subject to section 23A collateral requirements that the insured
depository institution (as defined in the glossary) had
with its affiliates as of the report date. Report in column B the maximum aggregate amount of such transactions during the calendar quarter ending with the
report date. Include in this item the unused (undrawn)
portion of an extension of credit that is not subject to
section 23A collateral requirements. Exclude transactions between the insured depository institution and its
financial subsidiaries or financial subsidiaries of an
affiliated insured depository institution.
Line Item 3 Covered transactions between the insured
depository institution and financial subsidiaries subject
to section 23A collateral requirements.
Report in column A the outstanding aggregate amount
of covered transactions that are subject to section 23A
collateral requirements that the insured depository
institution had with its financial subsidiaries or financial subsidiaries of an affiliated insured depository
institution as of the report date. Report in column B
the maximum aggregate amount of such transactions
during the calendar quarter ending with the report
date. An extension of credit to a financial subsidiary of
an insured depository institution by an affiliate of the
insured depository institution is treated as an extension

of credit by the insured depository institution if the
extension of credit is treated as regulatory capital of
the financial subsidiary. Include in this item the used
(drawn down) portion of an extension of credit that is
subject to section 23A collateral limits. Do not include
in this item the unused (undrawn) portion of an extension of credit that is not subject to section 23A collateral requirements. Unused (undrawn) portions should
be reported in item 4. Exclude transactions reported in
item 1 above and in items 5 and 6 below.
Line Item 4 Covered transactions between the insured
depository institution and financial subsidiaries not
subject to section 23A collateral requirements.
Report in column A the outstanding aggregate amount
of covered transactions that are not subject to section 23A collateral requirements that the insured
depository institution had with its financial subsidiaries or financial subsidiaries of an affiliated insured
depository institution as of the report date. Report in
column B the maximum aggregate amount of such
transactions during the calendar quarter ending with
the report date. Include in this item the unused
(undrawn) portion of an extension of credit that is not
subject to section 23A collateral requirements. Exclude
transactions reported in item 2 above and in items 5
and 6 below.
Line Item 5 Purchase of, or investment in, the
securities issued by financial subsidiaries of the insured
depository institution by the insured depository
institution.
Line Item 5(a) Equity securities.
Report in column A the outstanding amount of the
purchase of, or investment in, equity securities issued
by financial subsidiaries of the insured depository
institution or financial subsidiaries of affiliated insured
depository institutions by the insured depository institution as of the report date. Certain retained earnings
of the financial subsidiaries should be excluded when
calculating the insured depository institution’s investment in or purchase of equity securities issued by
financial subsidiaries (Please refer to 12 CFR
223.32(b) for additional information.) Exclude transactions reported in items 1, 2, 3, and 4 above.
Line Item 5(b) Debt securities.
Report in column A the outstanding amount of the
purchase of, or investment in, debt securities issued by
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financial subsidiaries of the insured depository institution or financial subsidiaries of affiliated insured
depository institutions by the insured depository institution as of the report date. Exclude transactions
reported in items 1, 2, 3, 4, and 5(a) above.
Line Item 6 Purchase of, or investment in, the
securities issued by financial subsidiaries of the insured
depository institution by the affiliates of the insured
depository institution.
Line Item 6(a) Equity securities.
Report in column A the outstanding amount of the
purchase of, or investment in, equity securities issued
by the financial subsidiaries of the insured depository
institution or financial subsidiaries of affiliated insured
depository institutions by the affiliates of the insured
depository institution, including affiliated insured
depository institutions, as of the report date. Certain
retained earnings of the financial subsidiaries should
be excluded when calculating the affiliates’ investment
in or purchase of equity securities issued by the financial subsidiaries. (Please refer to 12 CFR 223.32(b) for
additional information.) Exclude transactions reported
in items 1, 2, 3, and 4 above.
Line Item 6(b) Debt securities.
Report in column A the outstanding amount of the
purchase of, or investment in, debt securities issued by
the financial subsidiaries of the insured depository
institution or financial subsidiaries of affiliated insured
depository institutions by the affiliates of the insured
depository institution, including affiliated insured
depository institutions, as of the report date. Exclude
transactions reported in items 1, 2, 3, 4, and 6(a) above.
Line Item 7 Loans or other extensions of credit by
affiliates of the insured depository institution to
financial subsidiaries of the insured depository
institution (not subject to section 23A).
Report in column A the outstanding amount of loans
or other extensions of credit by affiliates of the insured
depository institution to financial subsidiaries of the
insured depository institution that are not subject to
section 23A. Report in column B the maximum aggregate amount of such transactions during the calendar
quarter ending with the report date. These extensions
of credit are not included in the insured depository
institution’s quantitative and collateral limits under

section 23A but should be reported. Exclude from this
item any extension of credit to a financial subsidiary of
an insured depository institution by an affiliate of the
insured depository institution that is treated as regulatory capital of the financial subsidiary. Such a transaction is treated as an extension of credit by the insured
depository institution to the financial subsidiary and
should be reported in item 3 above.
Memorandum
Line Item M1 Maximum aggregate amount of all
covered transactions included in items 1 through 6 for
any single day during the calendar quarter.
Report the maximum aggregate (largest total end of
the day) amount of all covered transactions included in
items 1 through 6 for any single day during the quarter.
Do not include transactions reported in item 7 above.
Respondents should determine an end of day total for
all covered transactions and report only the largest end
of day total (i.e., a single day amount) during the
quarter.

Line Item Instructions for Part II
Part II must be completed by all HCs for each insured
depository institution that has engaged in derivative
transactions with affiliates, including financial subsidiaries. Amounts reported in Part II are as of the report
date. Note: A credit derivative between an insured
depository institution and a nonaffiliate in which the
insured depository institution protects the nonaffiliate
from default on, or decline in value of, an obligation of
an affiliate of the insured depository institution is not
reported in this part of the report. Such credit derivatives are covered transactions under section 23A and
should be reported in Part I.
Line Item 1 Positive fair value of derivative contracts
between the insured depository institution and its
affiliates.
Report the positive fair value of all derivative contracts
held by the insured depository institution where an
affiliate is the counterparty. Derivative contracts
executed with the same counterparty that meet the criteria for a valid right of setoff contained in ASC Subtopic 210-20, Balance Sheet–Offsetting (formerly
FASB Interpretation No. 39, Offsetting of Amounts
Related to Certain Contracts) (e.g., those contracts sub-

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ject to a qualifying master netting arrangement) may
be reported on a net basis. Fair value is the amount at
which an asset (liability) could be bought (incurred) or
sold (settled) in a current transaction between willing
parties, that is, other than in a forced or liquidation
sale. This value represents the marked-to-market value
at the end of each trading day and serves as the reference point for counterparties maintaining the collateral
margin held by the party with a positive fair value.
Line Item 2 Amount of collateral pledged to the
insured depository institution to secure derivative
contracts between the insured depository institution and
its affiliates.
Report the market value of collateral pledged to the
insured depository institution to secure derivative con-

tracts between the insured depository institution and
its affiliates. The collateral, which is typically in the
form of liquid assets (e.g., cash or U.S. Treasuries), is
typically maintained against the marked-to-market
value of the transaction and adjusted, based on other
than minor changes in value.
Line Item 3 Notional amount of derivative contracts
between the insured depository institution and its
affiliates.
Report the total gross notional amount of derivative
contracts between the insured depository institution
and its affiliates. This should equal the total notional
value of those derivative contracts with positive and
negative fair values.

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Glossary

Note: Additional information on the terms defined
below is available in section 23A of the Federal Reserve
Act, 12 U.S.C. 371c, and Regulation W, 12 CFR
Part 223.

Affiliate
Affiliate includes—
(1) any company that controls the insured depository
institution. Example: a BHC or a foreign banking
organization;
(2) an insured depository institution that is a subsidiary of the insured depository institution;
(3) any company that is controlled by the company
that controls the insured depository institution.
Example: the domestic and foreign nonbanking
subsidiaries of a BHC;
(4) any company that is controlled directly or indirectly, by a trust or otherwise, by or for the benefit
of shareholders who beneficially or otherwise
control, directly or indirectly, by trust or otherwise, the insured depository institution or any
company that controls the insured depository
institution. Example: a car dealership that is controlled by a shareholder or shareholders that controls a bank holding company;
(5) any company in which a majority of its directors,
trustees, or general partners (or individuals exercising similar functions) constitute a majority of
the persons holding any such office with the
insured depository institution or any company
that controls the insured depository institution;
(6) any company, including a real estate investment
trust (REIT), that is sponsored and advised on a
contractual basis by the insured depository insti-

tution or any subsidiary or affiliate of the insured
depository institution;
(7) any investment company with respect to which
the insured depository institution or any affiliate
thereof is an investment advisor as defined in section 2(a)(20) of the Investment Company Act of
1940. Example: a mutual fund;
(8) any other investment fund for which the insured
depository institution or any affiliate of the
insured depository institution serves as an investment advisor, if the insured depository institution
and its affiliates own or control in the aggregate
more than 5 percent of any class of voting securities or of the equity capital of the fund;
(9) a financial subsidiary (and its subsidiaries) of the
insured depository institution;
(10) any company held under merchant banking or
insurance company investment authority in which
a bank holding company of the insured depository institution owns or controls, directly or indirectly, or acting through one or more other persons, 15 percent or more of the equity capital pursuant to section 4(k)(4)(H) or (I) of the Bank
Holding Company Act, unless exempt under
12 CFR 223.2 (a)(9)(ii);
(11) any partnership for which the insured depository
institution or any affiliate of the insured depository institution serves as a general partner or for
which the insured depository institution or any
affiliate of the insured depository institution
causes any director, officer, or employee of the
insured depository institution or affiliate to serve
as a general partner;
(12) any subsidiary of a company described in 1
through 11 above; and
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Glossary

(13) any company that the Board or the appropriate
Federal banking agency for the insured depository institution determines to be an affiliate.
Notwithstanding the above, affiliate with respect to an
insured depository institution does not include—
(1) any company that is a subsidiary of the insured
depository institution, unless the company is:
(a) an insured depository institution;
(b) a financial subsidiary;
(c) directly controlled by:
(i) one or more affiliates (other than
depository institution affiliates) of the
insured depository institution; or
(ii) a shareholder that controls the insured
depository institution or a group of
shareholders that together control the
insured depository institution;
(d) an employee stock option plan (ESOP),
trust, or similar organization that exists for
the benefit of the shareholders, partners,
members, or employees of the insured
depository institution or any of its affiliates;
(1) a company engaged solely in holding the premises
of the insured depository institution;

the capital guidelines of the appropriate Federal
banking agency, based on the institution’s most
recent consolidated Report of Condition and
Income filed under 12 U.S.C. 1817(a)(3);
(2) the balance of an insured depository institution’s
allowance for loan and lease losses, or the allowance for credit losses for institutions that have
adopted ASU 2016-13, not included in its Tier 2
capital for purposes of the calculation of riskbased capital by the appropriate Federal banking
agency, based on the institution’s most recent
consolidated Report of Condition and Income
filed under 12 U.S.C. 1817(a)(3); and
(3) the amount of any investment by an insured
depository institution in a financial subsidiary
that counts as a covered transaction and is
required to be deducted from the insured depository institution’s capital for regulatory capital
purposes; or
For a qualifying community banking organization (as
defined in § 217.12 of this chapter) that is subject to the
community bank leverage ratio framework (as defined in
§ 217.12 of this chapter), the sum of tier 1 capital (as
defined in § 217.12 of this chapter and calculated in
accordance with § 217.12(b) of this chapter) plus allowances for loan and lease losses or adjusted allowance
for credit losses, as applicable.

(2) a company engaged solely in conducting a safe
deposit business;
(3) any company engaged solely in holding obligations of the United States or its agencies or obligations fully guaranteed by the United States or
its agencies; and
(4) any company where control results from the exercise of rights arising from a debt previously contracted (DPC).

Capital Stock and Surplus
For purposes of this report, capital stock and surplus is
defined:
For an institution that is not subject to the community
bank leverage ratio framework, the sum of:
(1) Tier 1 and Tier 2 capital included in an insured
depository institution’s risk-based capital under

Control
A company or shareholder shall be deemed to have
control over another company if—
(1) such company or shareholder, directly or indirectly, or acting through one or more other persons, owns, controls, or has power to vote 25 percent or more of any class of voting securities of
the other company;
(2) such company or shareholder controls in any
manner the election of a majority of the directors, trustees, or general partners (or individuals
exercising similar functions) of the other
company;
(3) the Board has determined that such company or
shareholder exercises a controlling influence over
the company;

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Glossary

(4) such company or shareholder owns or controls
25 percent or more of the equity capital of the
other company, unless the company or shareholder presents information to the Board that
demonstrates, to the Board’s satisfaction, that the
company or shareholder does not control the
other company; or
(5) notwithstanding any other provision of this definition, no company shall be deemed to own or
control another company by virtue of its ownership or control of shares in a fiduciary capacity,
except as provided in paragraphs (b)(1)(C) and
(b)(3)(B) of section 23A.

Covered Transaction
A covered transaction with respect to an affiliate of an
insured depository institution includes—
(1) a loan or extension of credit to the affiliate;
(2) the purchase of, or investment in, securities issued
by the affiliate;
(3) the purchase of assets, including assets subject to
an agreement to repurchase, from the affiliate,
except such purchases that are exempt by Board
order or regulation;
(4) the acceptance of securities issued by the affiliate
as collateral security for a loan or extension of
credit to any person or company;
(5) the issuance of a guarantee, acceptance, or letter
of credit, including an endorsement or standby
letter of credit, on behalf of the affiliate, a confirmation of a letter of credit issued by the affiliate,
and a cross-affiliate netting arrangement;

is deemed to be a covered transaction subject to
section 23A because the proceeds of the loan are
transferred to and directly benefit the affiliate.
(8) Exemptions: General purpose credit card transactions generally do not need to be reported as a covered transaction unless 25 percent or more of the
total value of products and services purchased with
the card are from the affıliates of the insured
depository institution. Certain riskless principal
and agency transactions also are exempt if the
transactions meet the criteria in 12 CFR 223.16;
and
(9) any loan or extension of credit to a financial subsidiary of the insured depository institution by an
affiliate of the insured depository institution that
the Board determines to be a covered transaction
for purposes of section 23A.
Note: In general, covered transactions must be reported
as long as the transactions remains on the insured depository institution’s books. For reporting purposes, the value
of the assets or securities should reflect (1) the amortization or depreciation of the assets and (2) the repayment or retirement of the loans or other extensions of
credit. See Regulation W for additional information.
The following covered transactions are exempt from
the quantitative limits of section 23A and should not
be included on this report:
(1) any transaction with an insured depository
institution
(a) which controls 80 percent or more of the
voting shares of the insured depository
institution;

(6) the purchase of, or investment in, securities issued
by a financial subsidiary of the insured depository institution by an affiliate of the insured
depository institution;

(b) in which the insured depository institution
controls 80 percent or more of the voting
shares; or

(7) covered transactions with a third party if the proceeds of the transaction are used for the benefit
of, or transferred to, the affiliate. Example: if an
individual controls both an insured depository
institution and a car dealership and a customer of
the car dealership obtains a loan from the insured
depository institution for the purpose of purchasing a car from the dealership, the transaction

(c) in which 80 percent or more of the voting
shares are controlled by the company that
controls 80 percent or more of the voting
shares of the insured depository institution.
Example: transactions between insured
depository institutions where a single BHC
controls 80 percent of each institution (“sister bank transactions”);
GL-3

FR Y-8

June 2009

Glossary

(2) making a deposit in an affiliated insured depository institution or affiliated foreign bank that represents an ongoing, working balance maintained
in the ordinary course of correspondent business;
(3) giving immediate credit to an affiliate for uncollected items received in the ordinary course of
business;
(4) making a loan or extension of credit to, or issuing
a guarantee, acceptance, or letter of credit on
behalf of, an affiliate that is and remains fully
secured by—
(a) obligations of the United States or its
agencies;
(b) obligations fully guaranteed by the United
States or its agencies as to principal and
interest; or
(c) a segregated, earmarked deposit account
with the insured depository institution for
the sole purpose of securing covered
transactions;
(5) purchasing securities issued by any company of
the kinds described in section 4(c)(1) of the Bank
Holding Company Act of 1956, 12 U.S.C.
1843(c)(1);
(6) purchasing assets having a readily identifiable and
publicly available market quotation and purchased at the market quotation;
(7) purchasing a security from a securities affiliate
pursuant to 12 CFR 223.42(f);
(8) purchasing a municipal security from a securities
affiliate pursuant to 12 CFR 223.42(g);
(9) asset purchases by newly formed insured depository institutions pursuant to 12 CFR 223.42(i);
(10) purchasing loans on a nonrecourse basis from an
affiliated insured depository institution;

(13) any merger or consolidation between an insured
depository institution and an affiliated insured
depository institution or U.S. branch or agency of
a foreign bank, or any acquisition of assets or
assumption of deposit liabilities by an insured
depository institution from an affiliated insured
depository institution or U.S. branch or agency of
a foreign bank, if the transaction has been
approved by the responsible Federal banking
agency pursuant to the Bank Merger Act
(12 U.S.C. 1828(c));
(14) purchasing from an affiliate, on a nonrecourse
basis, an extension of credit, if:
(a) the extension of credit was originated by the
affiliate;
(b) the insured depository institution makes an
independent evaluation of the creditworthiness of the borrower before the affiliate
makes or commits to make the extension of
credit;
(c) the insured depository institution commits
to purchase the extension of credit before
the affiliate makes or commits to make the
extension of credit;
(d) the insured depository institution does not
make a blanket advance commitment to purchase extensions of credit from the affiliate;
(e) the dollar amount of the extension of credit,
when aggregated with the dollar amount of
all other extensions of credit purchased from
the affiliate during the preceding 12 calendar
months by the insured depository institution
and its depository institution affiliates, does
not represent more than 50 percent (or such
lower percent as is imposed by the insured
depository institution’s appropriate Federal
banking agency) of the dollar amount of
extensions of credit originated by the affiliate during the preceding 12 calendar
months;

(11) purchasing from an affiliate a loan or extension
of credit that was originated by the insured
depository institution and sold to the affiliate
subject to a repurchase agreement or with
recourse;

(15) any transaction the Board has exempted by order
or regulation;

(12) internal corporate reorganizations pursuant to
12 CFR 223.41(d);

(16) intraday extensions of credit pursuant to 12 CFR
223.42(l); and

GL-4
June 2009

FR Y-8

Glossary

(17) riskless principal transactions pursuant to
12 CFR 223.42(m).

(3) a lease that is the functional equivalent of an
extension of credit to an affiliate;

Derivative Transactions

(4) an acquisition by purchase, discount, exchange,
or otherwise of a note or other obligation, including commercial paper or other debt securities, of
an affiliate;

“Derivative transaction” is any derivative contract
listed in sections III.E.1.a through d of Appendix A to
12 CFR Part 225 and any similar derivative contract,
including a credit derivative contract. For this report,
credit exposure resulting from derivative transactions
is not subject to the quantitative and collateral requirements of section 23A so long as the insured depository
institution establishes and maintains policies and procedures designed to manage the exposure. These
derivative transactions should be reported in Part II of
this report. However, a credit derivative between an
insured depository institution and a nonaffiliate in
which the insured depository institution provides
credit protection to the nonaffiliate with respect to an
obligation of an affiliate of the insured depository
institution is a guarantee by an insured depository
institution on behalf of an affiliate for purposes of this
report and should be reported in Part I of this report.

Equity Capital
Equity capital means—
(1) with respect to a corporation, preferred stock,
common stock, capital surplus, retained earnings,
and accumulated other comprehensive income,
less treasury stock, plus any other account that
constitutes equity of the corporation; and
(2) with respect to a partnership, limited liability
company, or other company, equity accounts
similar to those described above.

Extension of credit
Extension of credit is the making or renewal of a loan,
the granting of a line of credit, or the extending of
credit in any manner whatsoever, including on an intraday basis, to an affiliate. An extension of credit to an
affiliate includes, without limitation:
(1) an advance to an affiliate by means of an overdraft, cash item, or otherwise;
(2) a sale of Federal funds to an affiliate;

(5) any increase in the amount of, extension of the
maturity of, or adjustment to the interest rate
term or other material term of, an extension of
credit to an affiliate; and
(6) any other similar transaction as a result of which
an affiliate becomes obligated to pay money (or
its equivalent).

Financial subsidiary
A financial subsidiary is a subsidiary of a bank that:
(1) engages, directly or indirectly, in activities that
national banks are not permitted to engage in
directly or that are conducted under terms and
conditions that differ from those that govern the
conduct of such activities by national banks; and
(2) is not a subsidiary that a national bank is specifically authorized to own or control by the express
terms of a Federal statute (other than 12 U.S.C.
24a) and not by implication or interpretation.
Financial subsidiary does not include:
(1) a subsidiary of a bank engaged solely in the sale
of insurance as agent or broker;
(2) a subsidiary of a State bank (other than a subsidiary described in section 46(a) of the Federal
Deposit Insurance Act (12 U.S.C. 1831 w(a))) that
is considered a financial subsidiary solely because
the subsidiary engages in one or more of the following activities:
(a) an activity that the State bank may engage
in directly under applicable Federal and
State law and that is conducted under the
same terms and conditions that govern the
conduct of the activity by the State bank; or
(b) an activity that the subsidiary was authorized by applicable Federal and State law to
engage in prior to December 12, 2002, and
GL-5

FR Y-8

June 2009

Glossary

that was lawfully engaged in by the subsidiary on that date.

Insured Depository Institution
An insured depository institution, for purposes of this
report, includes any state bank, national bank, trust
company, or banking association and any institution
the deposits of which are insured by the Federal
Deposit Insurance Corporation (“FDIC”), including a
savings association (but does not include insured
branches of a foreign bank). Uninsured trust companies are not required to complete this report. For purposes of this report, an insured depository institution
should include transactions that all of its subsidiaries,
except financial subsidiaries and insured depository
institution subsidiaries, have with affiliates. A separate
FR Y-8 report must be completed for insured depository institutions that are subsidiaries of an insured
depository institution.

Intraday Extension of Credit
An intraday extension of credit is an extention of
credit by an insured depository institution to an affiliate that the insured depository institution expects to be
repaid, sold, or terminated, or to qualify for a complete
exemption under Regulation W, by the end of its business day in the United States.

Operating Subsidiary
An operating subsidiary is any company that is a subsidiary of an insured depository institution, unless the
company is an affilate (see definition of affiliate).

Purchase of Assets
The purchase of an asset by an insured depository
institution from an affiliate is the acquisition by an
insured depository institution of an asset from an
affiliate in exchange for cash or other consideration,
including an assumption of liabilities. An insured
depository institution’s acquistion of a security issued
by a company that was an affiliate of the insured
depository institution before the acquisition is treated
as a purchase of assets from an affiliate, if—
(1) as a result of the transaction, the company
becomes an operating subsidiary of the insured
depository institution; and
(2) the company has liabilities, or the insured depository institution gives cash or any other consideration in exchange for the security.

Securities
Securities are stocks, bonds, debentures, notes, or other
similar obligations.

GL-6
June 2009

FR Y-8

Validity (V) Edits for the FR Y-8
(Effective as of June 30, 2019)
Each edit in the checklist must balance, rounding errors are not allowed.
Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

FR Y-8

Effective
Start Date
20180630

Page 1

Edit
Type
Validity

Edit
Number
0130

FR Y-8
FR Y-8

20180630
20180630

99991231
99991231

FR Y-8
FR Y-8

20180630
20180630

FR Y-8

Target
Item
Printed
Name of
Officer
Title
Date of Signature
Name/Title
Area Code/
Phone
Number
Area Code/
FAX number
Email
Address of
Contact
Memo 1

MDRM
Number
BIDIC490

Edit Test

Alg Edit Test

Printed Name of Officer must not be null.

BIDIC490 ne null

No Change
No Change

Page 1
Page 1

Validity
Validity

0140
0150

BIDIC491
BIDIJ196

Title must not be null.
Date of Signature must not be null.

BIDIC491 ne null
BIDIJ196 ne null

99991231
99991231

No Change
No Change

Page 1
Page 1

Validity
Validity

0160
0170

BIDI8901
BIDI8902

Name/Title must not be null.
Area Code/Phone Number must not be
null.

BIDI8901 ne null
BIDI8902 ne null

20180630

99991231

No Change

Page 1

Validity

0180

BIDI9116

Area Code/FAX Number must not be null. BIDI9116 ne null

FR Y-8

20180630

99991231

No Change

Page 1

Validity

0190

BIDI4086

Email Address of Contact must not be
null.

BIDI4086 ne null

FR Y-8

20180630

99991231

No Change

Page 2

Validity

0033

BIDIC450

Part I, Memo 1 must be greater than or
equal to 0.
For Banks only, check box 1 must not be
checked "0" or check box 2 must not be
checked "0".
For Thrifts only, check box 1 must not be
checked "0" and check box 2 must be
checked "1".
Check box 1 must be checked "1" or not
checked "0".
If check box 1 is checked "1", then Part I,
items 1A, 1B, 2A, and 2B must be null.

bidic450 ge 0

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0040

Check box
2

BIDIB967

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0041

Check Box
2

BIDIB967

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0045

BIDIB966

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0050

Check Box
1
Check Box
1

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0052

Check Box
1

BIDIB966

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0055

BIDIB967

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0056

FR Y-8

20180630

99991231

No Change

Part 1

Validity

0060

Check Box
2
Check Box
2
Check Box
2

BIDIB966

BIDIB967
BIDIB967

for banks only, bidib966 eq 0 or bidib967
eq 0
for thrifts bidib966 eq 0 and bidib967 eq
1
bidib966 eq 1 or bidib966 eq 0
If bidib966 eq 1 then (bidib968 eq null
and bidib969 eq null and bidib970 eq null
and bidib971 eq null)
If bidib966 eq 0 then (bidib968 ge 0 and
bidib969 ge 0 and bidib970 ge 0 and
bidib971 ge 0)
for banks only bidib967 eq 1 or bidib967
eq 0
for thrifts only bidib967 eq 1

If check box 1 is not checked "0", then
Part I, items 1A, 1B, 2A, and 2B must be
greater than or equal to zero.
For Banks only, check box 2 must be
checked "1" or not checked "0".
For Thrifts only, check box 2 must be
checked "1".
If check box 2 is checked "1", then Part I, If bidib967 eq 1 then (bidib972 eq null
items 3A, 3B, 4A, 4B, 5aA, 5bA, 6aA,
and bidib973 eq null and bidib974 eq null
6bA, 7A, and 7B must be null.
and bidib975 eq null and bidib976 eq null
and bidib977 eq null and bidib978 eq null
and bidib979 eq null and bidib980 eq null
and bidib981 eq null)

CHK-1
FR Y-8

June 2019

Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

FR Y-8

Effective
Start Date
20180630

Part 1

Edit
Type
Validity

Edit
Number
0062

Target
Item
Check Box
2

MDRM
Number
BIDIB967

FR Y-8

20040630

99991231

No Change

Part 1

Validity

0065

1B

BIDIB969

FR Y-8

20040630

99991231

No Change

Part 1

Validity

0075

2B

BIDIB971

FR Y-8

20130331

99991231

No Change

Part 1

Validity

0085

3B

BIDIB973

FR Y-8

20130331

99991231

No Change

Part 1

Validity

0095

4B

BIDIB975

FR Y-8

20130331

99991231

No Change

Part 1

Validity

0105

7B

BIDIB981

FR Y-8

20190630

99991231

Added

Part 1

Validity

0110

Memo 1

BIDIC450

FR Y-8

20040630

99991231

No Change

Part 2

Validity

0115

1

BIDIC451

Edit Test

Alg Edit Test

For Banks only, if check box 2 is not
checked "0", then Part I, items 3A, 3B,
4A, 4B, 5aA, 5bA, 6aA, 6bA, 7A, and 7B
must be greater than or equal to zero.

for banks only if bidib967 eq 0 then
(bidib972 ge 0 and bidib973 ge 0 and
bidib974 ge 0 and bidib975 ge 0 and
bidib976 ge 0 and bidib977 ge 0 and
bidib978 ge 0 and bidib979 ge 0 and
bidib980 ge 0 and bidib981 ge 0)
if bidib968 ge 0 then bidib968 le
bidib969

If Part I, item 1A is greater than or equal
to zero, then Part I, item 1A must be less
than or equal to Part I, item 1B.
If Part I, item 2A is greater than or equal
to zero, then Part I, item 2A must be less
than or equal to Part I, item 2B.
For Banks only, if Part I, item 3A is
greater than or equal to zero, then Part I,
item 3A must be less than or equal to
Part I, item 3B.
For Banks only, If Part I, item 4A is
greater than or equal to zero, then Part I,
item 4A must be less than or equal to
Part I, item 4B.
For Banks only, If Part I, item 7A is
greater than or equal to zero, then Part I,
item 7A must be less than or equal to
Part I, item 7B.
If Part I, Memo 1 equals zero, then Part II,
item 1, Part II, item 2, and Part II, item 3
must not equal null or zero.
If Part II, item 1 is greater than zero, then
Part II, item 3 must be greater than zero.

if bidib970 ge 0 then bidib970 le
bidib971
for banks only if bidib972 ge 0 then
bidib972 le bidib973
for banks only if bidib974 ge 0 then
bidib974 le bidib975
for banks only if bidib980 ge 0 then
bidib980 le bidib981
if bidic450 eq 0, then ((bidic451 ne null or
ne 0) and (bidic452 ne null or ne 0) and
(bidic453 ne null or ne 0))
if bidic451 gt 0 then bidic453 gt 0

CHK-2
FR Y-8

June 2019

Quality (Q) and Intraseries (I) Edits for the FR Y-8
(Effective as of June 30, 2018)
Series

Effective
End Date
99991231

Edit
Change
Revised

Schedule

FR Y-8

Effective
Start Date
20180630

Part 1

Edit
Type
Intraseries

Edit
Number
0050

Revised

Part 1

Intraseries

0075

99991231

No Change

Part 1

Quality

0100

Target
Item
Check Box
1
Check Box
2
5aA

FR Y-8

20180630

99991231

FR Y-8

20130331

FR Y-8

MDRM
Number
BIDIB966

20130331

99991231

No Change

Part 1

Quality

0125

5aA

BIDIB976

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0150

5bA

BIDIB977

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0175

5bA

BIDIB977

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0200

6aA

BIDIB978

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0225

6aA

BIDIB978

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0250

6bA

BIDIB979

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0275

6bA

BIDIB979

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0300

6bA

BIDIB979

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0325

6bA

BIDIB979

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0350

M1

BIDIC450

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0351

M1

BIDIC450

BIDIB967
BIDIB976

Edit Test

Alg Edit Test

check box 1 (current) should equal check
box 1 (previous)
check box 2 (current) should equal check
box 2 (previous).
For Banks only, if Part I, 5aA is greater
than zero, then Part I, 3A should not
equal Part I, 5aA.
For Banks only, if Part I, 5aA is greater
than zero, then Part I, 4A should not
equal Part I, 5aA.
For Banks only, if Part I, 5bA is greater
than zero, then Part I, 3A should not
equal Part I, 5bA.
For Banks only, if Part I, 5bA is greater
than zero, then Part I, 4A should not
equal Part I, 5bA.
For Banks only, if Part I, 6aA is greater
than zero, then Part I, 3A should not
equal Part I, 6aA.
For Banks only, if Part I, 6aA is greater
than zero, then Part I, 4A should not
equal Part I, 6aA.
For Banks only, if Part I, 6bA is greater
than zero, then Part I, 3A should not
equal Part I, 6bA
For Banks only, if Part I, 6bA is greater
than zero, then Part I, 4A should not
equal Part I, 6bA.
For Banks only, if the sum of Part I, 5aA
through Part I, 6bA is greater than zero,
then Part I, 3A should not equal the sum
of Part I, 5aA through 6bA.
For Banks only, if the sum of Part I, 5aA
through Part I, 6bA is greater than zero,
then Part I, 4A should not equal the sum
of Part I, 5aA through 6bA.
For Banks only, if Part I, Memo 1 is
greater than zero and (Part I, 1B is not
equal to Part I, Memo 1 and Part I, 2B is
not equal to Part I, Memo 1 and Part I, 3B
is not equal to Part I, Memo 1 and Part I,
4B is not equal to Part I, Memo 1), then
the sum of Part I, 1B through 4B should
not equal Part I, Memo 1. (column B only)
For Thrifts only, if Part I, Memo 1 is
greater than zero and (Part I, 1B is not
equal to Part I, Memo 1 and Part I, 2B is
not equal to Part I, Memo 1), then the
sum of Part I, 1B and Part I, 2B should
not equal Part I, Memo 1.

bidib966-q1 eq bidib966-q2
bidib967-q1 eq bidib967-q2
for banks only if bidib976 gt 0 then
(bidib972 ne bidib976)
for banks only if bidib976 gt 0 then
(bidib974 ne bidib976)
for banks only if bidib977 gt 0 then
(bidib972 ne bidib977)
for banks only if bidib977 gt 0 then
(bidib974 ne bidib977)
for banks only if bidib978 gt 0 then
(bidib972 ne bidib978)
for banks only if bidib978 gt 0 then
(bidib974 ne bidib978)
for banks only if bidib979 gt 0 then
(bidib972 ne bidib979)
for banks only if bidib979 gt 0 then
(bidib974 ne bidib979)
for banks only if (((bidib976 + bidib977 +
bidib978 + bidib979) gt 0) then bidib972
ne (bidib976 + bidib977 + bidib978 +
bidib979))
for banks only if (((bidib976 + bidib977 +
bidib978 + bidib979) gt 0) then bidib974
ne (bidib976 + bidib977 + bidib978 +
bidib979))
for banks only if ((bidic450 gt 0) and
(bidib969 ne bidic450) and (bidib971 ne
bidic450) and (bidib973 ne bidic450) and
(bidib975 ne bidic450)) then (bidib969 +
bidib971 + bidib973 + bidib975) ne
bidic450
for thrifts only if ((bidic450 gt 0) and
(bidib969 ne bidic450) and (bidib971 ne
bidic450)) then (bidib969 + bidib971) ne
bidic450

EDIT-1
FR Y-8

June 2018

Series

Effective
End Date
99991231

Edit
Change
No Change

Schedule

FR Y-8

Effective
Start Date
20130331

Part 1

Edit
Type
Quality

Edit
Number
0400

Target
Item
M1

MDRM
Number
BIDIC450

FR Y-8

20130331

99991231

No Change

Part 1

Quality

0401

M1

BIDIC450

FR Y-8
FR Y-8

20110930
20110930

99991231
99991231

No Change
No Change

Part 2
Part 2

Quality
Quality

9000
0475

1
2

BIDIC451
BIDIC452

FR Y-8
FR Y-8

20110930
20110930

99991231
99991231

No Change
No Change

Part 2
Part 2

Quality
Quality

9000
0500

2
3

BIDIC452
BIDIC453

FR Y-8

20110930

99991231

No Change

Part 2

Quality

0525

3

BIDIC453

FR Y-8

20110930

99991231

No Change

Part 2

Intraseries

0550

3

BIDIC453

FR Y-8

20110930

99991231

No Change

Part 2

Quality

9000

3

BIDIC453

Edit Test

Alg Edit Test

For Banks only, if the sum of items Part I,
1A through 6bA (column A only) is
greater than zero, then the sum of items
Part I, 1A through 6bA (column A only)
should be less than or equal to Part I,
Memo 1.
For Thrifts only, if the sum of items Part I,
1A and Part I, 2A is greater than zero,
then the sum of items Part I, 1A and
Part I, 2A should be less than or equal to
Part I, Memo 1.
Part II, 1 should not be negative.
If Part II, item 3 is greater than zero, then
Part II, item 2 should be greater than or
equal to zero and not null.
Part II, 2 should not be negative.
If Part II, 2 is greater than zero, then
Part II, 2 should be less than or equal to
Part II, 3.
If Part II, 3 is greater than zero, then
Part II, 1 should be greater than or equal
to zero and less than or equal to 20% of
Part II, 3.
If Part II, 3 (previous) is greater than zero,
then Part II, 3 (current) should be greater
than or equal to zero and not null.
Part II, 3 should not be negative.

for banks only if (bidib968 + bidib970 +
bidib972 + bidib977 + bidib974 +
bidib976 + bidib978 + bidib979) gt 0 then
(bidib968 + bidib970 + bidib972 +
bidib977 + bidib974 + bidib976 +
bidib978 + bidib979) le bidic450
for thrifts only if (bidib968 + bidib970) gt
0 then (bidib968 + bidib970) le bidic450

bidic451 ge 0 or bidic451 eq null
if bidic453 gt 0 then bidic452 ge 0 and
ne null
bidic452 ge 0 or bidic452 eq null
If bidic452 gt 0 then bidic452 le bidic453
If bidic453 gt 0 then bidic451 ge 0 and le
(bidiC453 * .20)
If bidic453-q2 gt 0 then bidic453-q1 ge 0
and ne null
bidic453 ge 0 or bidic453 eq null

EDIT-2
FR Y-8

June 2018