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

FFIEC 002
Draft Revisions to the FFIEC 002
Report Form and Instructions
Proposed to Take Effect as of
the December 31, 2025, Report Date

The following draft report form and instructions, which are subject to change,
present the pages from the FFIEC 002 Report Form and instructions as they are
proposed to be revised, subject to final approval by the Office of Management and
Budget.
These proposed revisions are described in the federal banking agencies’ initial
Paperwork Reduction Act (PRA) Federal Register notice published in the Federal
Register on September 28, 2023 (see FIL-53-2023, dated October 2, 2023) and final
PRA Federal Register notice published on May 22, 2024 (see May 2024 Letter,
dated May 22, 2024). As discussed in the agencies' final PRA Federal Register
notice published in the Federal Register on July 11, 2025, the agencies are finalizing
instructional revisions related to the length of time that loan modifications to
borrowers experiencing financial difficulty would be reported in the FFIEC 002.
The PRA Federal Register notices are available on the FFIEC webpage for the
FFIEC 002.

Draft as of July 11, 2025

Modified

FFIEC 002
Page 20 of 32

Schedule N—Past Due, Nonaccrual, and Restructured Loans
NOTE: Exclude all transactions with related depository institutions.
Total Reporting Branch or Agency Including Its IBF
(Column A)
Past Due 30 Through
89 Days and Still Accruing
RCFD

Amount

RCFD

Amount

(Column C)
Nonaccrual

RCFD

Amount

(Column D)
Restructured and
in Compliance with
Modified Terms
RCFD

Amount

1606

1607

1608

1609

1.a.

1421

1422

1423

1424

1.b.

AF
T

Dollar Amounts in Thousands
1. Total loans to U.S.
addressees (domicile):
a. Commercial and
industrial loans ..........
b. Loans secured by
real estate ................
c. All other loans(including
all lease financing
receivables) ...............
2. Total loans to non-U.S.
addressees (domicile).......
3. Total (sum of items 1.a
through 1.c and 2) ..........

(Column B)
Past Due 90 Days or
More and Still Accruing

3184

3185

3186

1.c.

1623

1624

1625

1627

2.

1406

1407

1403

1404

3.

Memoranda
1. Book value of loans sold or
otherwise transferred to
head office or to related
institutions and still serviced
by the reporting branch or
agency ......................... 1628
2. Interest rate, foreign
exchange rate, and other
commodity and equity
contracts:
Fair value of amounts
carried as assets ............. 3529

1629

1582

1637

M.1.

R

3183

M.2.

D

3530

12/2025
06/2012

Contents

Line Item Instructions for Report of Assets and Liabilities of U.S. Branches and
Agencies of Foreign Banks

................................................................................................. RAL-1
Schedule A—Cash and Balances Due From Depository Institutions .......................................................... A-1
Schedule C—Loans ................................................................................................................................. C-1
Schedule E—Deposit Liabilities and Credit Balances ................................................................................. E-1
Schedule K—Quarterly Averages ............................................................................................................. K-1
Schedule L—Derivatives and Off-Balance Sheet Items ............................................................................... L-1
Schedule M—Due from/Due to Related Institutions in the U.S. and in Foreign Countries ........................... M-1
Schedule N—Past Due, Nonaccrual, and Restructured Loans .................................................................... N-1
Schedule O—Other Data for Deposit Insurance Assessments ..................................................................... O-1
Schedule P—Other Borrowed Money ........................................................................................................ P-1
Schedule Q—Financial Assets and Liabilities Measured at Fair Value ......................................................... Q-1
Schedule S—Servicing, Securitization and ................................................................................................. S-1
Schedule T—Fiduciary and Related Services ............................................................................................. T-1
Appendix—List of the Address and Telephone Number for Each Federal Reserve Bank ........................... AP-1
Modified

D

R

AF
T

Schedule RAL—Assets and Liabilities

CONTENTS-2
June 2012

December 2025

FFIEC 002

INSTRUCTIONS FOR THE PREPARATION OF

Past Due, Nonaccrual, and
Restructured Loans
Schedule N

AF
T

Modified

General Instructions

R

Report all loans, including lease financing receivables,
that are past due, are in nonaccrual status, or have been
modified to borrowers experiencing financial difficulty
because of a deterioration in the financial position of
the obligor. All such loans and lease financing receivables held in the reporting branch or agency and its
IBF should be distributed by category and reported net
of any specific reserves. Institutions should report
financial assets without any deductions for any applicable allowance for credit losses. Loan amounts should
be reported net of unearned income to the extent that
the same categories of loans are reported net of
unearned income in Schedule C. Report the full outstanding balances of past due, nonaccrual, and loans
and lease financing receivables, modified to borrowers
experiencing financial difficulty, as reported for purposes of Schedule C, not simply the delinquent
payments.

D

Exclude interest earned but not collected on loans
(report in Schedule RAL, item 1(h), “Other assets
including other claims on nonrelated parties”).

NOTE: Exclude all transactions of the branch or
agency, including its IBF, with related depository institutions (report in Schedule M). However, include
transactions with related nondepository institutions.

Definitions
Past due. For purposes of this schedule, grace periods
allowed by the branch or agency, including its IBF,
after a loan technically has become past due, but before
the imposition of late charges, are not to be taken into
account in determining past due status. Furthermore,
loans and lease financing receivables are to be reported
as past due when either interest or principal is unpaid
in the following circumstances:
FFIEC 002

(1) Closed-end installment loans, amortizing loans
secured by real estate, and any other loans and
lease financing receivables with payments scheduled monthly are to be reported as past due when
the borrower is in arrears two or more monthly
payments. (Branches or agencies may use 30 days
as a proxy for a month if they prefer.) Other multipayment obligations with payments scheduled
other than monthly are to be reported as past due
when one scheduled payment is due and unpaid
for 30 days or more.
(2) Open-end credit such as charge-card plans, check
credit, and other revolving credit plans are to be
reported as past due when the customer has not
made the minimum payment for two or more billing cycles.
(3) Single payment and demand notes providing for
the payment of interest at stated intervals are to
be reported as past due after one interest payment
is due and unpaid for 30 days or more.
(4) Single payment notes providing for the payment
of interest at maturity are to be reported as past
due after maturity if interest or principal remains
unpaid for 30 days or more.
(5) Unplanned overdrafts are to be reported as past
due if the account remains continuously overdrawn for 30 days or more.

For purposes of this schedule, branches or agencies
should use one of two methods to recognize partial
payments on “retail credit,” i.e., open-end and closedend credit extended to individuals for household, family, and other personal expenditures, including consumer loans and credit cards, and loans to individuals
secured by their personal residence, including home
equity and home improvement loans. A payment
equivalent to 90 percent or more of the contractual
N-1

June 2024

December 2025

Schedule N
as described in ASU
2022-02, which
Column Instructions
occurred in the
previous
12columns
monthsA and B asset
Institutions should
report in
amounts without any deduction for allowances for
credit losses.

Also include in this column all loans and leases modified to borrowers experiencing financial difficulty that
are in nonaccrual status.
Report in column D the outstanding balances of loans,
including lease financing receivables, that have been
modified to borrowers experiencing financial difficulty
and are in compliance with their modified terms.

AF
T

Report in columns A and B (except for Memoranda
item 2) the full outstanding balances (not just delinquent payments) of loans, including lease financing
receivables, that are past due and upon which the
branch or agency, including its IBF, continues to
accrue interest, as follows:

or agency, including its IBF, has placed in nonaccrual
status.

R

(1) In column A, report closed-end monthly installment loans, amortizing loans secured by real
estate, lease financing receivables, and open-end
credit in arrears two or three monthly payments;
other multipayment obligations, with payments
scheduled other than monthly, when one scheduled payment is due and unpaid for 30 through
89 days; single payment and demand notes providing for payment of interest at stated intervals
after one interest payment is due and unpaid for
30 through 89 days; single payment notes providing for payment of interest at maturity, on which
interest or principal remains unpaid for 30
through 89 days after maturity; unplanned overdrafts, whether or not the branch or agency is
accruing interest on them, if the account remains
continuously overdrawn for 30 through 89 days.

D

(2) In column B, report the loans, including lease
financing receivables, as specified above on which
payment is due and unpaid for 90 days or more.

Report in columns A and B of Memoranda item 2 the
fair value, if positive, of all interest rate, foreign
exchange rate, equity, and commodity and other contracts or which a required payment by the branch or
agency’s counter-party is due and unpaid for 30
through 89 days and due and unpaid for 90 days or
more, respectively.
Exclude from columns A and B all loans and lease
financing receivables that are in nonaccrual status and
all loans and leases that are modified to borrowers
experiencing financial difficulty and in compliance
with their modified terms.
Report in column C the outstanding balances of loans,
including lease financing receivables, that the branch

N-4

June 2024

December 2025

Exclude from column D (1) those loans and leases
modified to borrowers experiencing financial difficulty
on which under the modified repayment terms either
principal or interest is 30 days or more past due (report
in Schedule N, column A or B, as appropriate) and
(2) those loans and leases modified to borrowers experiencing financial difficulty that are in nonaccrual status under the modified repayment terms (report in
Schedule N, column C).
NOTE: Columns A, B, C, and D are mutually exclusive. The full outstanding balance of any loan, including any lease financing receivable, should be reported
in no more than one of these four columns. Information reported for any derivative contract should be
reported in only column A or column B.

Item Instructions
The loan categories specified in this schedule (except
for Memorandum item 1) correspond to the loan category definitions for Schedule C, Part I, including the
treatment of leases.
Item 1 Total loans to U.S. addressees (domicile).
See the Glossary entry for “domicile” for further
information.
Item 1(a) Commercial and industrial loans.
Corresponds to Schedule C, Part I, item 4(a), column A.
Item 1(b) Loans secured by real estate.
Corresponds to Schedule C, Part I, item 1, column A,
consisting of loans to U.S. addressees.
Item 1(c) All other loans.
Corresponds to Schedule C, Part I, items 2(a)(1),
2(a)(2), 2(b), 9(a), column A, and to that portion of
FFIEC 002