Proposed Agency Information Collection Activities; Comment Request, 29147-29177 [2017-13442]

Download as PDF 29147 mstockstill on DSK30JT082PROD with NOTICES Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices for such a waiver has been received by the Maritime Administration (MARAD). This notice is being published to solicit comments intended to assist MARAD in determining whether a suitable vessel of the United States is available that could perform the required services. If no suitable U.S.-flag vessel is available, the Maritime Administrator may issue a waiver necessary to comply with USCG Aquaculture Support regulations. A brief description of the proposed aquaculture support service is listed in the SUPPLEMENTARY INFORMATION section below. DATES: Submit comments on or before July 27, 2017. ADDRESSES: You may submit comments identified by DOT Docket Number MARAD–2017–0113 by any of the following methods: • On-line via the Federal Electronic Portal: http://www.regulations.gov. Search using ‘‘MARAD–2017–0113’’ and follow the instructions for submitting comments. • Mail/Hand-Delivery/Courier: Docket Management Facility; U.S. Department of Transportation, 1200 New Jersey Avenue SE., Room W12– 140, Washington, DC 20590. Submit comments in an unbound format, no larger than 81⁄2 by 11 inches, suitable for copying and electronic filing. Reference Materials and Docket Information: You may view the complete application, including the aquaculture support technical service requirements, and all public comments at the DOT Docket on-line via http:// www.regulations.gov. Search using ‘‘MARAD–2017–0113.’’ All comments received will be posted without change to the docket, including any personal information provided. The Docket Management Facility is open 9:00 a.m. to 5:00 p.m., Monday through Friday, except on Federal holidays. FOR FURTHER INFORMATION CONTACT: Bianca Carr, U.S. Department of Transportation, Maritime Administration, 1200 New Jersey Avenue SE., Room W23–453, Washington, DC 20590. Telephone 202– 366–9309, Email Bianca.carr@dot.gov. If you have questions on viewing the Docket, call Docket Operations, telephone: (800) 647–5527. SUPPLEMENTARY INFORMATION: As a result of the enactment of the Coast Guard Authorization Act of 2010, codified at 46 U.S.C. 12102, the Secretary of Transportation has the discretionary authority to issue waivers allowing documented vessels with registry endorsements or foreign flag vessels to be used in operations that treat aquaculture fish for or protect VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 aquaculture fish from disease, parasitic infestation, or other threats to their health when suitable vessels of the United States are not available that could perform those services. The Secretary has delegated this authority to the Maritime Administrator. Pursuant to this authority, MARAD is providing notice of the service requirements proposed by Cooke Aquaculture (Cooke) in order to make a U.S.-flag vessel availability determination. Specifics can be found in Cooke’s application letter posted in the docket. In order to comply with USCG Aquaculture Support regulations at 46 CFR part 106, Cooke is seeking a MARAD Aquaculture Waiver to operate the vessels SADIE JANE as follows: Intended Commercial Use of Vessel: ‘‘to use one highly-specialized foreignflag vessel referred to as a ‘‘wellboat’’ (or ‘‘live fish carrier’’) to treat Cooke’s swimming inventory of farmed Atlantic salmon in the company’s salt-water grow-out pens off Maine’s North Atlantic Coast. This treatment prevents against parasitic infestation by sea lice that is highly destructive to the salmon’s health.’’ Geographic Region: ‘‘off Maine’s North Atlantic Coast’’. Requested Time Period: ‘‘2017 calendar year, from August 10, 2017 to December 31, 2017.’’ Interested parties may submit comments providing detailed information relating to the availability of U.S.-flag vessels to perform the required aquaculture support services. If MARAD determines, in accordance with 46 U.S.C. 12102(d)(1) and MARAD’s regulations at 46 CFR part 388, that suitable U.S.-flag vessels are available to perform the required services, a waiver will not be granted. Comments should refer to the docket number of this notice and the vessel name in order for MARAD to properly consider the comments. Comments should also state the commenter’s interest in the waiver application, and address the waiver criteria set forth in 46 CFR 388.4. Privacy Act In accordance with 5 U.S.C. 553(c), MARAD solicits comments from the public to inform its process to determine the availability of suitable vessels. DOT posts these comments, without edit, to www.regulations.gov, as described in the system of records notice, DOT/ALL–14 FDMS, accessible through www.dot.gov/privacy. In order to facilitate comment tracking and response, we encourage commenters to provide their name, or the name of their organization; however, submission of names is completely optional. Whether PO 00000 Frm 00126 Fmt 4703 Sfmt 4703 or not commenters identify themselves, all timely comments will be fully considered. If you wish to provide comments containing proprietary or confidential information, please contact the agency for alternate submission instructions. Authority: 49 CFR 1.93(w). * * * * * Dated: June 22, 2017. By Order of the Maritime Administrator. T. Mitchell Hudson, Jr., Secretary, Maritime Administration. [FR Doc. 2017–13413 Filed 6–26–17; 8:45 am] BILLING CODE 4910–81–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency FEDERAL RESERVE SYSTEM FEDERAL DEPOSIT INSURANCE CORPORATION Proposed Agency Information Collection Activities; Comment Request Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). ACTION: Joint notice and request for comment. AGENCY: In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995, the OCC, the Board, and the FDIC (the ‘‘agencies’’) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the agencies’ publication for public comment of a proposal to revise the Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Less Than $1 Billion (FFIEC 051), the Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only (FFIEC 041), and the Consolidated Reports of Condition and Income for a Bank with Domestic and Foreign Offices (FFIEC 031), which are currently approved collections of information. The Consolidated Reports of Condition and Income are commonly referred to as the Call Report. SUMMARY: E:\FR\FM\27JNN1.SGM 27JNN1 mstockstill on DSK30JT082PROD with NOTICES 29148 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices The proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031 Call Reports would result in an overall reduction in burden. In particular, the proposed revisions primarily relate to the deletion or consolidation of a large number of items, the raising of certain reporting thresholds, and a reduction in reporting frequency for a number of items. The proposed revisions also address the definition of ‘‘past due’’ for regulatory reporting purposes as well as changes in the accounting for equity investments. The proposed revisions would take effect as of the March 31, 2018, report date. At the end of the comment period for this notice, the comments and recommendations received will be reviewed to determine whether the FFIEC and the agencies should modify the proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031 prior to giving final approval. As required by the PRA, the agencies will then publish a second Federal Register notice for a 30-day comment period and submit the final FFIEC 051, FFIEC 041, and FFIEC 031 to OMB for review and approval. DATES: Comments must be submitted on or before August 28, 2017. ADDRESSES: Interested parties are invited to submit written comments to any or all of the agencies. All comments, which should refer to the OMB control number(s), will be shared among the agencies. OCC: Because paper mail in the Washington, DC, area and at the OCC is subject to delay, commenters are encouraged to submit comments by email, if possible, to prainfo@ occ.treas.gov. Comments may be sent to: Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, Attention: ‘‘1557–0081, FFIEC 031, 041, and 051,’’ 400 7th Street SW., Suite 3E–218, Washington, DC 20219. In addition, comments may be sent by fax to (571) 465–4326. You may personally inspect and photocopy comments at the OCC, 400 7th Street SW., Washington, DC 20219. For security reasons, the OCC requires that visitors make an appointment to inspect comments. You may do so by calling (202) 649–6700 or, for persons who are deaf or hard of hearing, TTY, (202) 649– 5597. Upon arrival, visitors will be required to present valid governmentissued photo identification and submit to security screening in order to inspect and photocopy comments. All comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 comment or supporting materials that you consider confidential or inappropriate for public disclosure. Board: You may submit comments, which should refer to ‘‘FFIEC 031, FFIEC 041, and FFIEC 051,’’ by any of the following methods: • Agency Web site: http:// www.federalreserve.gov. Follow the instructions for submitting comments at: http://www.federalreserve.gov/ generalinfo/foia/ProposedRegs.cfm. • Federal eRulemaking Portal: http:// www.regulations.gov. Follow the instructions for submitting comments. • Email: regs.comments@ federalreserve.gov. Include the reporting form numbers in the subject line of the message. • Fax: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW., Washington, DC 20551. All public comments are available from the Board’s Web site at www.federalreserve.gov/generalinfo/ foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper form in Room 3515, 1801 K Street NW. (between 18th and 19th Streets NW.), Washington, DC 20006 between 9:00 a.m. and 5:00 p.m. on weekdays. FDIC: You may submit comments, which should refer to ‘‘FFIEC 031, FFIEC 041, and FFIEC 051,’’ by any of the following methods: • Agency Web site: https:// www.fdic.gov/regulations/laws/federal/. Follow the instructions for submitting comments on the FDIC’s Web site. • Federal eRulemaking Portal: https://www.regulations.gov. Follow the instructions for submitting comments. • Email: comments@FDIC.gov. Include ‘‘FFIEC 031, FFIEC 041, and FFIEC 051’’ in the subject line of the message. • Mail: Manuel E. Cabeza, Counsel, Attn: Comments, Room MB–3007, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. • Hand Delivery: Comments may be hand delivered to the guard station at the rear of the 550 17th Street Building (located on F Street) on business days between 7:00 a.m. and 5:00 p.m. Public Inspection: All comments received will be posted without change to https://www.fdic.gov/regulations/ laws/federal/ including any personal information provided. Paper copies of PO 00000 Frm 00127 Fmt 4703 Sfmt 4703 public comments may be requested from the FDIC Public Information Center by telephone at (877) 275–3342 or (703) 562–2200. Additionally, commenters may send a copy of their comments to the OMB desk officer for the agencies by mail to the Office of Information and Regulatory Affairs, U.S. Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW., Washington, DC 20503; by fax to (202) 395–6974; or by email to oira_ submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: For further information about the proposed revisions to the Call Report discussed in this notice, please contact any of the agency staff whose names appear below. In addition, copies of the Call Report forms can be obtained at the FFIEC’s Web site (https://www.ffiec.gov/ffiec_ report_forms.htm). OCC: Kevin Korzeniewski, Counsel, (202) 649–5490, or for persons who are deaf or hard of hearing, TTY, (202) 649– 5597, Legislative and Regulatory Activities Division, Office of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219. Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, (202) 452–3884, Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, 20th and C Streets NW., Washington, DC 20551. Telecommunications Device for the Deaf (TDD) users may call (202) 263–4869. FDIC: Manuel E. Cabeza, Counsel, (202) 898–3767, Legal Division, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC 20429. SUPPLEMENTARY INFORMATION: The agencies propose revisions to data items reported on the FFIEC 051, FFIEC 041, and FFIEC 031 Call Reports. Report Title: Consolidated Reports of Condition and Income (Call Report). Form Numbers: FFIEC 051 (for eligible small institutions), FFIEC 041 (for banks and savings associations with domestic offices only), and FFIEC 031 (for banks and savings associations with domestic and foreign offices). Frequency of Response: Quarterly. Affected Public: Business or other forprofit. OCC OMB Control No.: 1557–0081. Estimated Number of Respondents: 1,335 national banks and federal savings associations. Estimated Average Burden per Response: 48.52 burden hours per quarter to file. Estimated Total Annual Burden: 259,097 burden hours to file. E:\FR\FM\27JNN1.SGM 27JNN1 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices banks), and 12 U.S.C. 1464 (for federal and state savings associations). At present, except for selected data items and text, these information collections are not given confidential treatment. Board OMB Control No.: 7100–0036. Estimated Number of Respondents: 830 state member banks. Estimated Average Burden per Response: 53.11 burden hours per quarter to file. Estimated Total Annual Burden: 176,325 burden hours to file. mstockstill on DSK30JT082PROD with NOTICES FDIC OMB Control No.: 3064–0052. Estimated Number of Respondents: 3,743 insured state nonmember banks and state savings associations. Estimated Average Burden per Response: 46.66 burden hours per quarter to file. Estimated Total Annual Burden: 698,594 burden hours to file. The proposed burden-reducing revisions are the result of an ongoing effort by the agencies to reduce the burden associated with the preparation and filing of Call Reports and, as detailed in Appendices B, C, and D, achieve burden reductions by the removal or consolidation of numerous items, the raising of certain reporting thresholds, and a reduction in reporting frequency for certain items. The proposed revision to the definition of ‘‘past due’’ for regulatory reporting purposes would promote the use of consistent standards in the industry. The proposed revisions to the reporting of equity investments are consistent with changes in the accounting standards applicable to such investments. The estimated average burden hours, which reflect an overall reduction, collectively reflect the estimates for the FFIEC 051, the FFIEC 041, and the FFIEC 031 reports. When the estimates are calculated by type of report across the agencies, the estimated average burden hours per quarter are 39.47 (FFIEC 051), 58.37 (FFIEC 041), and 123.25 (FFIEC 031). The estimated burden per response for the quarterly filings of the Call Report is an average that varies by agency because of differences in the composition of the institutions under each agency’s supervision (e.g., size distribution of institutions, types of activities in which they are engaged, and existence of foreign offices). Type of Review: Revision of currently approved collections. General Description of Reports These information collections are mandatory: 12 U.S.C. 161 (for national banks), 12 U.S.C. 324 (for state member banks), 12 U.S.C. 1817 (for insured state nonmember commercial and savings VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 Abstract Institutions submit Call Report data to the agencies each quarter for the agencies’ use in monitoring the condition, performance, and risk profile of individual institutions and the industry as a whole. Call Report data serve a regulatory or public policy purpose by assisting the agencies in fulfilling their missions of ensuring the safety and soundness of financial institutions and the financial system and the protection of consumer financial rights, as well as agencyspecific missions affecting national and state-chartered institutions, e.g., monetary policy, financial stability, and deposit insurance. Call Reports are the source of the most current statistical data available for identifying areas of focus for on-site and off-site examinations. The agencies use Call Report data in evaluating institutions’ corporate applications, including, in particular, interstate merger and acquisition applications for which, as required by law, the agencies must determine whether the resulting institution would control more than 10 percent of the total amount of deposits of insured depository institutions in the United States. Call Report data also are used to calculate institutions’ deposit insurance and Financing Corporation assessments and national banks’ and federal savings associations’ semiannual assessment fees. Current Actions I. Introduction As part of an initiative launched by the FFIEC in December 2014 to identify potential opportunities to reduce burden associated with Call Report requirements for community banks, the FFIEC and the agencies have taken several actions, including: (1) The finalization in mid-2016 of a number of burden-reducing changes and other revisions to the Call Report that were implemented in September 2016 and March 2017; (2) outreach to institutions to obtain a better understanding of significant sources of reporting burden in their Call Report preparation processes; and (3) the creation of a new streamlined FFIEC 051 Call Report for eligible small institutions that took effect as of the March 31, 2017, report date.1 1 See 80 FR 56539 (September 18, 2015), 81 FR 45357 (July 13, 2016), 81 FR 54190 (August 15, PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 29149 As another key part of the FFIEC’s community bank burden-reduction initiative, in 2015 the agencies accelerated the start of the next statutorily mandated review of the existing Call Report data items (Full Review),2 which otherwise would have commenced in 2017. Users of Call Report data items, who are internal staff at the FFIEC member entities, participated in a series of nine surveys conducted over a 19-month period that began in mid-July 2015 and ended in mid-February 2017. As an integral part of these surveys, users were asked to fully explain the need for each Call Report data item they deem essential, how the data item is used, the frequency with which it is needed, and the population of institutions from which it is needed. Call Report schedules were placed into nine groups and prioritized for review, generally based on the level of burden cited by banking industry representatives. Based on the results of the user surveys, the agencies are in the process of identifying data items to be considered for removal, less frequent collection, and new or revised reporting thresholds to reduce burden. Based on the results of a portion of the user surveys, the agencies propose various burden-reducing changes in this proposal. A summary of the FFIEC member entities’ uses of the data items retained in the Call Report schedules covered in this portion of the user surveys is included in Appendix A. The results of the agencies’ initial reviews of the first portion of the user surveys were included in the agencies’ August 2016 Call Report proposal for a new streamlined FFIEC 051 Call Report for eligible small institutions and burdenreducing revisions to the existing FFIEC 041 and FFIEC 031 versions of the Call Report, which was finalized in December 2016.3 The agencies are analyzing the results of the final portion of the user surveys to determine any future proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031. Burdenreducing reporting changes from this last group of surveys will be proposed in a future Federal Register notice with an anticipated March 31, 2018, implementation date. The schedules 2016) (referred to hereafter as the ‘‘August 2016 Call Report proposal’’), and 82 FR 2444 (January 9, 2017) for further information on the actions taken under this initiative. 2 This review is mandated by section 604 of the Financial Services Regulatory Relief Act of 2006 (12 U.S.C. 1817(a)(11)). 3 See 81 FR 54190 (August 15, 2016) and 82 FR 2444 (January 9, 2017). A summary of the FFIEC member entities’ uses of the data items retained in the Call Report schedules covered in the first portion of the user surveys was included in Appendix A of the latter notice. E:\FR\FM\27JNN1.SGM 27JNN1 29150 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices reviewed in this last group primarily include schedules that collect data on complex or specialized activities, several of which were removed and replaced by indicator questions and a limited number of indicator items when the new FFIEC 051 was created. Therefore, revisions proposed in this future notice may be likely to more significantly affect schedules and data items in the FFIEC 041 and FFIEC 031. In addition, as a framework for the actions it is undertaking, the FFIEC developed a set of guiding principles for use in evaluating potential additions and deletions of Call Report data items and other revisions to the Call Report. In general, data items collected in the Call Report must meet three guiding principles: (1) The data items serve a long-term regulatory or public policy purpose by assisting the FFIEC member entities in fulfilling their missions of ensuring the safety and soundness of financial institutions and the financial system and the protection of consumer financial rights, as well as agencyspecific missions affecting national and state-chartered institutions; (2) the data items to be collected maximize practical utility and minimize, to the extent practicable and appropriate, burden on financial institutions; and (3) equivalent data items are not readily available through other means. II. General Discussion of Proposed Call Report Revisions As discussed above, the Call Report schedules are being reviewed as part of the Full Review, conducted through a series of nine user surveys. The results of a portion of the surveys were evaluated in the development of this proposal. In addition, the results of certain surveys were re-evaluated and further burden-reducing changes were incorporated into this proposal. In conjunction with these evaluations, the agencies also considered comments received on their August 2016 Call Report proposal, feedback and streamlining suggestions received during their banker outreach activities as part of the community bank Call Report burden-reduction initiative, and comments regarding the Call Report received during the Economic Growth and Regulatory Paperwork Reduction Act review conducted by the FFIEC and the agencies 4 (hereafter collectively referred to as ‘‘industry comments and feedback’’). The proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031, which are based on these analyses of the survey responses and consideration of industry comments and feedback, are discussed in Sections III.A, III.B, and III.C, respectively. The schedules reviewed in the portion of the user surveys evaluated in the development of this proposal include: • Schedule RI–D—Income from Foreign Offices [FFIEC 031 only] • Schedule RI–E—Explanations • Schedule RC–B—Securities • Schedule RC–D—Trading Assets and Liabilities [FFIEC 031 and FFIEC 041 only] • Schedule RC–K—Quarterly Averages • Schedule RC–L—Derivatives and OffBalance-Sheet Items • Schedule RC–M—Memoranda The schedules re-evaluated in the development of this proposal include: • Schedule RI—Income Statement • Schedule RC—Balance Sheet • Schedule RC–C, Part I—Loans and Leases • Schedule RC–N—Past Due and Nonaccrual Loans, Leases, and Other Assets Table 1 summarizes the changes already finalized as part of the FFIEC’s community bank Call Report burdenreduction initiative. TABLE 1—DATA ITEMS REVISED AS OF MARCH 31, 2017 Finalized call report revisions 051 041 031 Items Removed, Net * .................................................................................................................. Change in Item Frequency to Semiannual .................................................................................. Change in Item Frequency to Annual ......................................................................................... Items with a New or Increased Reporting Threshold .................................................................. 967 96 10 ........................ 60 ........................ ........................ 7 68 ........................ ........................ 13 * ‘‘Items Removed, Net’’ reflects the effects of consolidating existing items, adding control totals, and, for the FFIEC 051, relocating individual items from other schedules to Schedule SU, some of which were consolidated in Schedule SU. In addition, included in this number for the FFIEC 051, approximately 300 items were items that institutions with less than $1 billion in total assets were exempt from reporting due to existing reporting thresholds in the FFIEC 041. Table 2 summarizes the additional burden-reducing proposed revisions to data items included in this notice. The proposed revisions are discussed in Section III. Detail for each affected data item is shown in Appendix B (FFIEC 051), Appendix C (FFIEC 041), and Appendix D (FFIEC 031). TABLE 2—PROPOSED DATA REVISIONS IN THIS NOTICE Proposed call report revisions 051 Items Proposed to be Removed, Net * ........................................................................................ Proposed Change in Item Frequency to Semiannual ................................................................. Proposed Change in Item Frequency to Annual ......................................................................... Items with a Proposed New or Increased Reporting Threshold ................................................. 041 54 17 26 26 031 106 31 3 106 86 31 3 178 mstockstill on DSK30JT082PROD with NOTICES *‘‘Items Proposed to be Removed, Net’’ reflects the effects of consolidating existing items and relocating individual items to other schedules. The agencies are also proposing two revisions not related to the burdenreduction initiative. The first proposal would revise a method currently described in the Call Report instructions for determining past-due status for purposes of reporting certain loans and leases as past due in Schedule RC–N. 4 See the Joint Report to Congress, Economic Growth and Regulatory Paperwork Reduction Act, March 2017, https://www.ffiec.gov/pdf/2017_ FFIEC_EGRPRA_Joint-Report_to_Congress.pdf. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 The second proposal would revise portions of several Call Report schedules to incorporate the revised accounting for equity securities under E:\FR\FM\27JNN1.SGM 27JNN1 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices Accounting Standards Update (ASU) No. 2016–01, ‘‘Recognition and Measurement of Financial Assets and Financial Liabilities.’’ Both of these proposals are discussed in Section III.D. The proposed Call Report revisions would take effect March 31, 2018. Additional information on timing of the proposed revisions is provided in Section IV. III. Detail of Specific Proposed Call Report Revisions A. Revisions to the FFIEC 051 Schedule RI For the FFIEC 051, the agencies propose to consolidate securities brokerage and investment banking income items 5.d.(1) and 5.d.(2) into revised item 5.d.(1), consolidate insurance activities income items 5.d.(3) through 5.d.(5) into revised item 5.d.(2), remove securitization income item 5.g, and remove non-deductible interest expense Memorandum item 1 as the agencies no longer need the current level of detail provided by each of these existing items from smaller institutions eligible to file this version of the Call Report. Securitization income would be included within other noninterest income in item 5.l. mstockstill on DSK30JT082PROD with NOTICES Schedule RI–B For the FFIEC 051, the agencies propose to remove Schedule RI–B, Part II, Memorandum item 4 on allowances for credit losses on purchased creditimpaired loans, as the agencies no longer need this item from smaller institutions eligible to file this version of the Call Report. Schedule RI–E For the FFIEC 051, the agencies propose to remove the preprinted captions for items 1.f and 1.h, as few institutions report having these components of other noninterest income in amounts in excess of the existing reporting threshold for disclosing these components.5 The remaining items 1.g and 1.i through 1.l would be renumbered as items 1.f through 1.j. In addition, after reviewing the agencies’ data needs along with industry comments and feedback requesting a higher threshold for disclosing components of other noninterest income and other noninterest expense in Schedule RI–E, the agencies propose to 5 After these two preprinted captions have been removed, if an institution has an other noninterest income component currently disclosed in item 1.f or 1.h in an amount in excess of the reporting threshold, it would itemize and describe this component in one of the subitems of item 1 without a preprinted caption. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 increase the percentage portion of the existing threshold for reporting other noninterest income components in items 1.a through 1.j and other noninterest expense components in items 2.a through 2.p. The proposed threshold for disclosing components of other noninterest income and other noninterest expense would be amounts greater than $100,000 that exceed seven percent of Schedule RI, item 5.l and item 7.d, respectively.6 This percentage is currently three percent. The agencies considered alternative percentage thresholds of five percent and ten percent. Upon evaluating the impact of each percentage threshold, the agencies determined that a percentage threshold of seven percent would provide a meaningful reduction in reporting burden without a loss of data that would be necessary for supervisory or other public policy purposes. The agencies further propose to reduce the frequency of collection for items 1.a through 1.j and 2.a through 2.p from quarterly to annually as of December 31. This proposal is based on a comment received on the agencies’ August 2016 Call Report proposal recommending a reduction in the reporting frequency of these items for smaller institutions.7 The agencies believe the new reporting frequency better balances the agencies’ supervisory needs with institutions’ reporting burden. Schedule RC For the FFIEC 051, the agencies propose to move the reporting of goodwill from existing item 10.a on the balance sheet to Schedule RC–M, item 2.b, and combine existing items 10.a and 10.b on Schedule RC into a single item 10. This would consolidate the reporting of goodwill and other intangible assets on Schedule RC into a single balance sheet item for intangible assets. This proposed revision to Schedule RC was requested by a commenter on the agencies’ August 2016 Call Report proposal to facilitate institutions’ reporting by making their Call Report processes more efficient and better focused.8 While the agencies believe the reporting and disclosure of the amount of an institution’s goodwill is important, the agencies are indifferent as to the location of the goodwill information in the Call Report. 6 The agencies increased the dollar portion of this reporting threshold from $25,000 to $100,000 effective September 30, 2016. 7 See 82 FR 2444 (January 9, 2017) for discussion of the comments received on the August 2016 Call Report proposal. 8 Id. PO 00000 Frm 00130 Fmt 4703 Sfmt 4703 29151 Schedule RC–B For the FFIEC 051, the agencies propose to consolidate the reporting of an institution’s holdings of U.S. government agency obligations, which are currently reported in items 2.a and 2.b, into a single item 2, and to consolidate the reporting of structured financial product holdings, which are currently reported in items 5.b.(1) through 5.b.(3), into a single item 5.b, as the agencies no longer need the current level of detail for these holdings in the Call Report. Banks would still be required to report amortized cost and fair value information in columns A through D for the proposed items 2 and 5.b. The agencies also propose to reduce the reporting frequency of the data on sales and transfers of held-to-maturity securities reported in Memorandum item 3 from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data items as frequently. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for two of the four quarters each year. The agencies also propose to remove Memorandum items 6.a through 6.g, which provide detail on holding of structured financial products, as smaller institutions eligible to file this version of the Call Report generally do not hold these securities. Schedule RC–C, Part I For the FFIEC 051, the agencies propose to reduce the reporting frequency of Memorandum items 7.a, 7.b, 8.a, and 12 (Columns A through C) from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these loan data in the Call Report as frequently. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for two of the four quarters each year. Schedule RC–K For the FFIEC 051, the agencies propose to remove item 7, average trading assets, as the agencies no longer need this quarterly average in the Call Report from institutions with domestic offices only and assets less than $1 billion. Schedule RC–L For the FFIEC 051, the agencies propose to remove items 1.b.(1), 1.b.(2), and 1.d, as the agencies no longer need the current level of detail for these types of unused commitments from smaller institutions eligible to file this version E:\FR\FM\27JNN1.SGM 27JNN1 29152 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices of the Call Report.9 The agencies also propose to reduce the reporting frequency of merchant credit card sales data in items 11.a and 11.b from quarterly to semiannual (June 30 and December 31), as the agencies no longer need this information in the Call Report as frequently. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for smaller institutions for two of the four quarters each year. Schedule RC–M For the FFIEC 051, the agencies propose to consolidate current items 2.b and 2.c, which provide data on certain identifiable intangible assets, into a single item 2.c,10 and to consolidate other real estate owned items 3.c and 3.f into a single item 3.c, as the agencies no longer need the current level of detail in the Call Report that is provided in these separate items. As discussed earlier under Schedule RC, the agencies are moving the goodwill amount formerly reported in Schedule RC, item 10.a, to a recaptioned item 2.b on Schedule RC– M. Schedule RC–N For the FFIEC 051, the agencies propose to reduce the reporting frequency of Memorandum items 7 and 8 on nonaccrual assets and Memorandum items 9.a and 9.b on purchased credit-impaired loans from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data in the Call Report as frequently. In connection with this proposed change, Memorandum items 7 and 8 would collect data on additions to nonaccrual assets and nonaccrual asset sales, respectively, during the preceding six months rather than the preceding quarter as at present. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for two of the four quarters each year. mstockstill on DSK30JT082PROD with NOTICES B. Revisions to the FFIEC 041 Scope Revision The agencies propose to revise the scope of the FFIEC 041 to require all institutions with consolidated total assets of $100 billion or more to file the FFIEC 031 instead, regardless of whether an institution has any foreign offices. The agencies are proposing this 9 Any securities underwriting commitments currently reported in item 1.d would be included as part of all other unused commitments in item 1.e.(3). 10 As explained in the description of the proposed revisions to Schedule RC of the FFIEC 051, existing item 2.b of Schedule RC–M would be replaced by a revised item 2.b for reporting goodwill. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 change because institutions with consolidated total assets of $100 billion or more without foreign offices are considered to have a similar degree of complexity in their activities as institutions with consolidated total assets of $100 billion or more and foreign offices that currently file the FFIEC 031. This scope revision would affect a small number of institutions. Also, modifying the scope of these two versions of the Call Report in this manner would enable the agencies to remove a number of data items from the FFIEC 041 report that they no longer need to collect from institutions with consolidated total assets less than $100 billion. Schedule RI For the FFIEC 041, the agencies propose to remove detail on trading revenues in Memorandum items 8.a through 8.e, as the agencies no longer need this level of detail in the Call Report from institutions with total assets less than $100 billion. The agencies would also remove Memorandum items 8.f through 8.h, which currently only apply to institutions with total assets of $100 billion or more. In addition, the agencies propose to reduce the reporting frequency of Memorandum item 12 from quarterly to semiannual (June 30 and December 31), as the agencies no longer need this data in the Call Report as frequently. Schedule RI–E For the FFIEC 041, the agencies propose to remove the preprinted captions for items 1.f and 1.h, as few institutions report having these components of other noninterest income in amounts in excess of the existing reporting threshold for disclosing these components.11 The remaining items 1.g and1.i through 1.l would be renumbered as items 1.f through 1.j. In addition, after reviewing the agencies’ data needs along with industry comments and feedback requesting a higher threshold for disclosing components of other noninterest income and other noninterest expense in Schedule RI–E, the agencies propose to increase the percentage portion of the existing threshold for reporting other noninterest income components in items 1.a through 1.j and other noninterest expense components in items 2.a through 2.p. The proposed 11 If an institution has the component of other noninterest income currently disclosed in item 1.f or 1.h in an amount in excess of the reporting threshold, it would itemize and describe this component in one of the subitems of item 1 without a preprinted caption. PO 00000 Frm 00131 Fmt 4703 Sfmt 4703 threshold for disclosing components of other noninterest income and other noninterest expense would be amounts greater than $100,000 that exceed seven percent of Schedule RI, item 5.l and item 7.d, respectively.12 This percentage is currently three percent. The agencies considered alternative percentage thresholds of five percent and ten percent. Upon evaluating the impact of each percentage threshold, the agencies determined that a percentage threshold of seven percent would provide a meaningful reduction in reporting burden without a loss of data that would be necessary for supervisory or other public policy purposes. Schedule RC For the FFIEC 041, the agencies propose to move the reporting of goodwill from existing item 10.a on the balance sheet to Schedule RC–M, item 2.b, and combine existing items 10.a and 10.b on Schedule RC into a single item 10. This would consolidate the reporting of goodwill and other intangible assets on Schedule RC into a single balance sheet item for intangible assets. This proposed revision to Schedule RC was requested by a commenter on the agencies’ August 2016 Call Report proposal to facilitate institutions’ reporting by making their Call Report processes more efficient and better focused.13 While the agencies believe the reporting and disclosure of the amount of an institution’s goodwill detail is important, the agencies are indifferent as to the location of the information in the Call Report. Schedule RC–B For the FFIEC 041, the agencies propose to consolidate the reporting of an institution’s holdings of U.S. government agency obligations, which are currently reported in items 2.a and 2.b, into a single item 2, and to consolidate the reporting of structured financial product holdings, which are currently reported in items 5.b.(1) through 5.b.(3), into a single item 5.b, as the agencies no longer need the current level of detail for these holdings in the Call Report. Institutions would still be required to report amortized cost and fair value information in columns A through D for the proposed items 2 and 5.b. The agencies also propose to reduce the reporting frequency of the data on sales and transfers of held-to-maturity securities reported in Memorandum 12 The agencies increased the dollar portion of this reporting threshold from $25,000 to $100,000 effective September 30, 2016. 13 See 82 FR 2444 (January 9, 2017) for discussion of the comments received on the August 2016 Call Report proposal. E:\FR\FM\27JNN1.SGM 27JNN1 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices item 3 from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data items in the Call Report as frequently. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for two of the four quarters each year.14 The agencies also propose to add a reporting threshold of $10 billion or more in total assets before institutions must complete Memorandum items 5.a though 6.g, columns A through D, as the agencies no longer need this information in the Call Report from institutions under this proposed threshold. Schedule RC–C, Part I For the FFIEC 041, the agencies propose to reduce the reporting frequency of Memorandum items 7.a, 7.b, 8.a, 8.b, 8.c, and 12.a through 12.d (columns A through C) from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these loan data in the Call Report as frequently. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for two of the four quarters each year. mstockstill on DSK30JT082PROD with NOTICES Schedule RC–D For the FFIEC 041, the agencies propose to change the reporting threshold for the overall schedule so that the schedule would be applicable to institutions with total trading assets of $10 million or more in any of the four preceding calendar quarters from the current threshold of $2 million in average trading assets over this same period. In addition, all institutions meeting the FDIC’s definition of a large institution or a highly complex institution for deposit insurance assessment purposes would be required to complete Schedule RC–D. The agencies are proposing this reporting threshold change because they no longer need to collect this detailed data in the Call Report from institutions with a lesser amount of trading assets that are not large or highly complex institutions. The agencies also propose to consolidate: • Structured financial products in current items 5.a.(1) through 5.a.(3) into a single new item 5.a; • Loan detail in current items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) into a single new item 6.a.(2); • Certain residential loan detail in current items 6.a.(3)(a) through 6.a.(3)(b)(2) into a single new item 6.a.(1); 14 See 82 FR 2444 (January 9, 2017). VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 • Consumer loan information in items 6.c.(1) through 6.c.(4) into a single item 6.c; • Loan detail in current Memorandum items 1.a.(1), 1.a.(2), 1.a.(4), and 1.a.(5) into a single new Memorandum item 1.a.(2); • Certain residential loan detail in current Memorandum items 1.a.(3)(a) through 1.a.(3)(b)(2) into a single new Memorandum item 1.a.(1); and • Consumer loan information in Memoranda items 1.c.(1) through 1.c.(4) into a single new Memorandum item 1.c. The agencies no longer need to collect the existing level of detail in the Call Report from those institutions that would be required to complete Schedule RC–D under its proposed revised reporting threshold. The agencies also propose to remove Memorandum items 2.a though 10, as the agencies no longer need to collect the current level of detail in the Call Report from institutions with less than $100 billion in total assets. Schedule RC–K For the FFIEC 041, the agencies propose to revise the reporting threshold for item 7 on average trading assets. This item would only need to be completed by institutions with $10 million or more in total trading assets in any of the four preceding calendar quarters and by all institutions meeting the FDIC’s definition of a ‘‘large institution’’ or a ‘‘highly complex institution’’ for deposit insurance assessment purposes. This proposed revised reporting threshold is consistent with the proposed threshold for completing Schedule RC–D discussed above. The agencies no longer need this quarterly average in the Call Report from institutions with less than $10 million in trading assets that are not large or highly complex institutions. Schedule RC–L For the FFIEC 041, the agencies propose to consolidate items 1.a.(1) and 1.a.(2) into a single item 1.a.(1), as the agencies no longer need the current level of detail in the Call Report for these types of unused commitments. The agencies also propose to remove item 8 on spot foreign exchange contracts, as the agencies no longer need this information in the Call Report from all institutions with assets less than $100 billion. By removing item 8, spot foreign exchange contracts would be reported as part of an institution’s all other off-balance sheet liabilities in item 9 of Schedule RC–L if the amount of such contracts exceeds 10 percent of the institution’s total equity capital. Spot foreign exchange contracts would be PO 00000 Frm 00132 Fmt 4703 Sfmt 4703 29153 disclosed as a component of the institution’s all other off-balance sheet liabilities if the amount exceeds 25 percent of total equity capital. The agencies also propose to remove columns B, C, and D, for items 16.a through 16.b.(8), and instead include these data on over-the-counter derivatives within column E for derivatives with all other counterparties. The agencies no longer need the separate detail in the Call Report provided by the disaggregated data on over-the-counter derivatives for monoline financial guarantors, hedge funds, and sovereign governments for institutions filing the FFIEC 041. The agencies also propose removing items 16.b.(4) though 16.b.(6) for the remaining columns A and E, and instead including the fair value of the three types of securities collateral currently reported in items 16.b.(4) through 16.b.(6) within the collateral amount reported in the respective columns of item 16.b.(7). The agencies no longer need the separate breakout of these types of collateral in the Call Report for institutions filing the FFIEC 041. The agencies also propose to reduce the reporting frequency of items 1.b.(1), 1.b.(2), 11.a, and 11.b from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data in the Call Report as frequently. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for two of the four quarters each year. Schedule RC–M For the FFIEC 041, the agencies propose to consolidate items 2.b and 2.c, which provide data on certain identifiable intangible assets, into a single item 2.c,15 and to consolidate other real estate owned items 3.c and 3.f into a single item 3.c, as the agencies no longer need the current level of detail in the Call Report that is provided in these separate items. As discussed earlier under Schedule RC, the agencies are moving the goodwill amount formerly reported in Schedule RC, item 10.a, to a recaptioned item 2.b on Schedule RC– M. The agencies also propose to reduce the reporting frequency for items 9 (Web site transactional capability), 14.a (captive insurance subsidiary assets), and 14.b (captive reinsurance subsidiary assets) from quarterly to annual (December 31), as the agencies no longer 15 As explained in the description of the proposed revisions to Schedule RC of the FFIEC 041, existing item 2.b of Schedule RC–M would be replaced by a revised item 2.b for reporting goodwill. E:\FR\FM\27JNN1.SGM 27JNN1 29154 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices need these data in the Call Report as frequently. need this data in the Call Report as frequently. Schedule RC–N Schedule RI–D For the FFIEC 041, the agencies propose to reduce the reporting frequency of Memorandum items 7 and 8 on nonaccrual assets and Memorandum items 9.a and 9.b (columns A through C) on purchased credit-impaired loans from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data in the Call Report as frequently. In connection with this proposed change, Memorandum items 7 and 8 would collect data on additions to nonaccrual assets and nonaccrual asset sales, respectively, during the preceding six months rather than the preceding quarter as at present. This proposal is consistent with industry comments and feedback recommending a shorter reporting form for two of the four quarters each year. For the FFIEC 031, the agencies propose to change the reporting threshold for completing this schedule. Currently, this schedule is required to be completed by an institution when its foreign office revenues, assets, or net income exceed 10 percent of consolidated total revenues, total assets, or net income. The agencies propose to add an additional threshold that an institution must have foreign office assets of $10 billion or more and also meet one of the three 10 percent tests before the schedule is required, as the agencies no longer need foreign office income data in the Call Report from institutions with a lesser amount of foreign office assets. C. Revisions to the FFIEC 031 Scope Revision The agencies propose to revise the scope of the FFIEC 031 to require all institutions with consolidated total assets of $100 billion or more to file this form, regardless of whether an institution has any foreign offices. The agencies are proposing this change because institutions with consolidated total assets of $100 billion or more without foreign offices are considered to have a similar degree of complexity in their activities as institutions of this size with foreign offices that currently file the FFIEC 031. mstockstill on DSK30JT082PROD with NOTICES Schedule RI For the FFIEC 031, the agencies propose to change the reporting threshold for reporting information on trading revenues in Memorandum items 8.a through 8.e. Currently, these items are completed by institutions that reported average trading assets of $2 million or more for any quarter of the preceding calendar year. The agencies propose to modify the reporting threshold for Memorandum items 8.a through 8.e to instruct that these items be completed by institutions that reported total trading assets of $10 million or more for any quarter of the preceding calendar year, as the agencies no longer need this level of detail in the Call Report from institutions with lower levels of trading assets. In addition, the agencies propose to reduce the reporting frequency of Memorandum item 12 from quarterly to semiannual (June 30 and December 31), as the agencies no longer VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 Schedule RI–E For the FFIEC 031, the agencies propose to remove the preprinted captions for items 1.f and 1.h, as few institutions report having these components of other noninterest income in amounts in excess of the existing reporting threshold for disclosing these components.16 The remaining items 1.g and 1.i through 1.l would be renumbered as items 1.f through 1.j. In addition, after reviewing the agencies’ data needs along with industry comments and feedback requesting a higher threshold for disclosing components of other noninterest income and other noninterest expense in Schedule RI–E, the agencies propose to increase the percentage portion of the existing threshold for reporting other noninterest income components in items 1.a through 1.j and other noninterest expense components in items 2.a through 2.p. The proposed threshold for disclosing components of other noninterest income and other noninterest expense would be amounts greater than $100,000 that exceed seven percent of Schedule RI, item 5.l, and item 7.d, respectively.17 This percentage is currently three percent. The agencies considered alternative percentage thresholds of five percent and ten percent. Upon evaluating the impact of each percentage threshold, the agencies determined that a percentage threshold of seven percent would provide a 16 If an institution has the component of other noninterest income currently disclosed in item 1.f or 1.h in an amount in excess of the reporting threshold, it would itemize and describe this component in one of the subitems of item 1 without a preprinted caption. 17 The agencies increased the dollar portion of this reporting threshold from $25,000 to $100,000 effective September 30, 2016. PO 00000 Frm 00133 Fmt 4703 Sfmt 4703 meaningful reduction in reporting burden without a loss of data that would be necessary for supervisory or other public policy purposes. Schedule RC For the FFIEC 031, the agencies propose to move the reporting of goodwill from existing item 10.a on the balance sheet to Schedule RC–M, item 2.b (as discussed further below), and combine existing items 10.a and 10.b on Schedule RC into a single item 10. This would consolidate the reporting of goodwill and other intangible assets on Schedule RC into a single balance sheet item for intangible assets. This proposed revision to Schedule RC was requested by a commenter on the agencies’ August 2016 Call Report proposal to facilitate institutions’ reporting by making their Call Report processes more efficient and better focused.18 While the agencies believe the reporting and disclosure of an institution’s goodwill detail is important, the agencies are indifferent as to the location of the information in the Call Report. Schedule RC–B For the FFIEC 031, the agencies propose to consolidate the reporting of an institution’s holdings of U.S. government agency obligations, which are currently reported in items 2.a and 2.b, into a single item 2, and to consolidate the reporting of structured financial product holdings, which are currently reported in items 5.b.(1) through 5.b.(3), into a single item 5.b, as the agencies no longer need the current level of detail in the Call Report for these holdings. Institutions would still be required to report amortized cost and fair value information in columns A through D for the proposed items 2 and 5.b. The agencies also propose to reduce the reporting frequency of the data on sales and transfers of held-to-maturity securities reported in Memorandum item 3 from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data items as frequently in the Call Report. The agencies also propose to add a reporting threshold of $10 billion or more in total assets before institutions must complete Memorandum items 5.a though 6.g, columns A through D, as the agencies no longer need this information in the Call Report from institutions under this proposed threshold. 18 See 82 FR 2444 (January 9, 2017) for discussion of the comments received on the August 2016 Call Report proposal. E:\FR\FM\27JNN1.SGM 27JNN1 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices Schedule RC–C, Part I For the FFIEC 031, the agencies propose to reduce the reporting frequency of Memorandum items 7.a, 7.b, 8.a, 8.b, 8.c, and 12.a through 12.d (columns A through C) from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these loan data in the Call Report as frequently. mstockstill on DSK30JT082PROD with NOTICES Schedule RC–D For the FFIEC 031, the agencies propose to change the reporting threshold for the overall schedule so that the schedule would be applicable to institutions with total trading assets of $10 million or more in any of the four preceding calendar quarters from the current threshold of $2 million or more in average trading assets over this same period. In addition, all institutions meeting the FDIC’s definition of a large institution or a highly complex institution for deposit insurance assessment purposes would be required to complete Schedule RC–D. The agencies are proposing this reporting threshold change because they no longer need to collect the existing detailed data in the Call Report from institutions with a lesser amount of trading assets that are not large or highly complex institutions. The agencies also propose to consolidate: • Structured financial products in items 5.a.(1) through 5.a.(3) into a single item 5.a; • Loan detail in current items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) into a single new item 6.a.(2); • Certain residential loan detail in current items 6.a.(3)(a) through 6.a.(3)(b)(2) into a single new item 6.a.(1); • Consumer loan information in items 6.c.(1) through 6.c.(4) into a single item 6.c; • Loan detail in Memorandum items 1.a.(1), 1.a.(2), 1.a.(4), and 1.a.(5) into a single new Memorandum item 1.a.(2); • Certain residential loan detail in Memorandum items 1.a.(3)(a) through 1.a.(3)(b)(2) into a single new Memorandum item 1.a.(1); and • Consumer loan information in Memorandum items 1.c.(1) through 1.c.(4) into a single new Memorandum item 1.c. The agencies no longer need to collect the current level of detail in the Call Report from those institutions that would be required to complete Schedule RC–D under its proposed revised reporting threshold. The agencies also propose to remove column B (domestic offices) for all items on Schedule RC–D, except for items 12 VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 and 15 on total trading assets and total trading liabilities in domestic offices, respectively, which will be moved to Schedule RC–H, Selected Balance Sheet Items for Domestic Offices. In addition, the agencies would replace the detailed data on loans held for trading in domestic offices that is reported in items 6.a.(1) through 6.d, column B, of Schedule RC–D with a single new item for total loans held for trading in domestic offices that would be added to Schedule RC–H. The agencies propose these changes as they no longer need separately reported data in the Call Report on assets and liabilities held for trading in domestic offices other than for the three items on total trading assets, total trading liabilities, and total loans held for trading in domestic offices that would be reported in Schedule RC–H. Institutions would continue to report amounts in Schedule RC–D only for the consolidated entity, which they currently report in column A. In addition, the agencies propose to add a reporting threshold of $10 billion or more in total trading assets before an institution would be required to complete Memorandum items 2.a though 5.f and 7.a through 10, as the agencies no longer need this level of detail in the Call Report from institutions with a lesser amount of trading assets. The agencies also propose to remove Memorandum item 6, as the agencies no longer need this information. Schedule RC–H For the FFIEC 031, in connection with removing the separate detail for trading assets and liabilities in domestic offices from Schedule RC–D, the agencies propose to retain and relocate selected data items to Schedule RC–H, Selected Balance Sheet Items for Domestic Offices. As noted above, the agencies propose relocating total trading assets and total trading liabilities in domestic offices from Schedule RC–D, column B, items 12 and 15, to Schedule RC–H, new items 19 and 20, respectively. Also, the agencies propose to aggregate all loans held for trading in domestic offices currently reported on Schedule RC–D, column B, items 6.a through 6.d (including all subitems), into a single new item, Schedule RC–H, item 21. These three items would be completed by institutions that reported total trading assets of $10 million or more in any of the four preceding calendar quarters and by all institutions meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes. The agencies believe relocating this data PO 00000 Frm 00134 Fmt 4703 Sfmt 4703 29155 from Schedule RC–D to Schedule RC–H will improve efficiency by consolidating additional domestic office information on Schedule RC–H. Schedule RC–K For the FFIEC 031, the agencies propose to add a reporting threshold for item 7 on average trading assets. This item would only need to be completed by institutions with $10 million or more in total trading assets in any of the four preceding calendar quarters and by all institutions meeting the FDIC’s definition of a ‘‘large institution’’ or a ‘‘highly complex institution’’ for deposit insurance assessment purposes. This proposed new reporting threshold is consistent with the proposed revised threshold for completing Schedule RC– D discussed above. The agencies no longer need this information in the Call Report each quarter from institutions with less than $10 million in trading assets that are not large or highly complex institutions. Schedule RC–L For the FFIEC 031, the agencies propose to consolidate items 1.a.(1) and 1.a.(2) into a single item 1.a.(1), as the agencies no longer need the current level of detail for these types of unused commitments. The agencies also propose to remove column B for items 16.a through 16.b.(8), and instead include these data on over-the-counter derivatives within column E for derivatives with all other counterparties. The agencies no longer need the separate detail in the Call Report provided by the disaggregated data on over-the-counter derivatives for monoline financial guarantors in column B. The agencies also propose to reduce the reporting frequency of items 1.b.(1), 1.b.(2), 11.a, and 11.b from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data in the Call Report as frequently. Schedule RC–M For the FFIEC 031, the agencies propose to consolidate items 2.b and 2.c, which provide data on certain intangible assets, into a single item 2.c,19 and to consolidate other real estate owned items 3.c and 3.f into a single item 3.c, as the agencies no longer need the current level of detail in the Call Report that is provided in these separate items. As discussed earlier under Schedule RC, the agencies are moving the goodwill amount formerly 19 As explained in the description of the proposed revisions to Schedule RC of the FFIEC 031, existing item 2.b of Schedule RC–M would be replaced by a revised item 2.b for reporting goodwill. E:\FR\FM\27JNN1.SGM 27JNN1 29156 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices reported in Schedule RC, item 10.a, to a recaptioned item 2.b on Schedule RC– M. The agencies also propose to reduce the reporting frequency for items 9 (Web site transactional capability), 14.a (captive insurance subsidiary assets), and 14.b (captive reinsurance subsidiary assets) from quarterly to annual (December 31), as the agencies no longer need these data in the Call Report as frequently. Schedule RC–N For the FFIEC 031, the agencies propose to reduce the reporting frequency of Memorandum items 7 and 8 on nonaccrual assets and Memorandum items 9.a and 9.b on purchased credit-impaired loans from quarterly to semiannual (June 30 and December 31), as the agencies no longer need these data in the Call Report as frequently. In connection with this proposed change, Memorandum items 7 and 8 would collect data on additions to nonaccrual assets and nonaccrual asset sales, respectively, during the preceding six months rather than the preceding quarter as at present. D. Additional Proposed Revisions to All Versions of the Call Report mstockstill on DSK30JT082PROD with NOTICES 1. Instructional Revision for the Reporting of Assets as ‘‘Past Due’’ Under the current Call Report instructions, 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 in Schedule RC–N, Past Due and Nonaccrual Loans, Leases, and Other Assets, when the borrower is in arrears two or more monthly payments. This has been interpreted to mean that a loan is to be reported as past due if two monthly payments have not been received by the close of business on the due date of the second monthly payment. Similarly, the Call Report instructions provide that open-end credit such as credit cards, 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. The instructions also provide that, at an institution’s option, loans and leases with payments scheduled monthly may be reported as past due when one scheduled payment is due and unpaid for 30 days or more. The agencies note there is an existing widely used industry standard, known as the Mortgage Bankers Association (MBA) method, which provides that loans with payments scheduled monthly become 30 days past due if a VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 monthly payment is not received by the end of the day immediately preceding the loan’s next due date. The agencies understand that the MBA method is used by most major mortgage data repositories, including the three major credit bureaus and two major mortgage loan data processing service bureaus used by institutions. The MBA method is also used by reporting forums such as the MBA, McDash Analytics, and the OCC Mortgage Metrics Reports. Therefore, to promote the use of a consistent standard in the industry and reduce the burden for certain institutions calculating past-due loans under two methods, i.e., one method for Call Report purposes and a different method for other reporting purposes, the agencies propose to modify the definition of ‘‘past due’’ for regulatory reporting purposes that is currently contained in the general instructions of Schedule RC–N to align with the MBA method.20 Specifically, closed-end installment loans, amortizing loans secured by real estate, and any other loans and lease financing receivables with payments scheduled monthly, as well as open-end credit such as credit cards, check credit, and other revolving credit plans with payments scheduled monthly, would be reported as past due in Schedule RC–N if a payment is not received by the end of the day immediately preceding the loan’s next payment due date. For institutions with consolidated assets of more than $50 billion, the agencies estimate that using the MBA method to report loans as 30 through 89 day past due in the Call Report would have resulted in approximately $15 billion in additional loans being reported as past due as of December 31, 2015, compared to the amount of loans reported as past due in accordance with the current Call Report instructions. The following are examples of the application of this proposed revised past due definition: • A monthly loan payment is due April 1. With no payment received by the end of the day on April 30, which is the day immediately preceding the loan’s next payment due date, the loan would be considered 30 days past due for reporting purposes as of April 30. With no monthly payment received by May 31, the loan would be 61 days past due as of May 31. With no monthly payment received by June 30, the loan would be 91 days past due as June 30. For the June 30 Call Report, this loan 20 Aligning the instructions with the MBA method would also remove the existing option for monthly payment loans and leases under which such loans may be reported as past due when one scheduled payment is due and unpaid for 30 days. PO 00000 Frm 00135 Fmt 4703 Sfmt 4703 would be reported in the 90 days or more past due category (unless it had been placed in nonaccrual status). • A monthly loan payment is due April 15. With no payment received by April 30, the loan is not a full month past due, so it would not be considered past due for regulatory reporting purposes until May 14, which is the day immediately preceding the loan’s next payment due date. The loan will be 46 days past due if payment has not been received as of May 31 and 76 days past due if payment has not been received as of June 30. For the June 30 Call Report, this loan would be reported in the 30 through 89 days past due category (unless it had been placed in nonaccrual status). The agencies believe that aligning the Call Report method for determining past due status with an accepted industry standard for determining past due status (i.e., the MBA method) would lessen the burden imposed on institutions that maintain two separate processes for reporting loan delinquencies. Further, the agencies believe that consistent reporting on the past due status of loans is increasingly important as institutions plan their implementation of a new accounting standard on credit losses. The agencies invite comment on any difficulties that institutions would encounter in applying this proposed modified past due definition beginning as of the March 31, 2018, report date. 2. Proposed Call Report Revisions To Address Changes in Accounting for Equity Investments In January 2016, the Financial Accounting Standards Board (FASB) issued ASU 2016–01, ‘‘Recognition and Measurement of Financial Assets and Financial Liabilities.’’ In its summary of this ASU, the FASB described how one of the main provisions of the ASU differs from current U.S. generally accepted accounting principles (GAAP) as follows: The amendments in this Update supersede the guidance to classify equity securities with readily determinable fair values into different categories (that is, trading or available-forsale) and require equity securities (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. An entity’s equity investments that are accounted for under the equity method of accounting or result in consolidation of an investee are not included within the scope of this Update. The FASB further stated in the summary that ‘‘an entity may choose to measure equity investments that do not E:\FR\FM\27JNN1.SGM 27JNN1 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices mstockstill on DSK30JT082PROD with NOTICES 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 must apply ASU 2016–01 for Call Report purposes in accordance with the effective dates set forth in the ASU. 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 Call Report for March 31, 2018. For all other institutions, the ASU 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 Call Report for December 31, 2019. One outcome of the change in accounting for equity investments under ASU 2016–01 is the elimination of the concept of available-for-sale (AFS) equity securities, which are measured at fair value on the balance sheet with changes in fair value recognized through other comprehensive income. At present, the historical cost and fair value of AFS equity securities, i.e., investments in mutual funds and other equity securities with readily determinable fair values that are not held for trading, are reported in Call Report Schedule RC–B, item 7, columns C and D, respectively. The total fair value of AFS securities, which includes both debt and equity securities, is then carried forward to the Call Report balance sheet and reported in Schedule RC, item 2.b. In the FFIEC 041 and FFIEC 031 Call Reports, the total fair value of AFS securities reported in Schedule RC, item 2.b, also is reported in item 1, column A, of Schedule RC– Q, Assets and Liabilities Measured at Fair Value on a Recurring Basis, by institutions required to complete this schedule.21 These institutions then report in columns C, D, and E of item 1 a breakdown of their AFS debt securities by the level in the fair value 21 Schedule RC–Q is to be completed by (1) institutions that had total assets of $500 million or more as of the beginning of their fiscal year and (2) other institutions that either have elected to report financial instruments or servicing assets and liabilities at fair value under a fair value option or are required to complete Schedule RC–D, Trading Assets and Liabilities. Schedule RC–Q is not included in the FFIEC 051 Call Report. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 hierarchy within which the fair value amounts of these securities fall (Level 1, 2, or 3). Any balance sheet netting adjustments to these fair value amounts are reported in column B of item 1. In addition, the total fair value of AFS securities is reported in Schedule RC–R, Part II, for risk-weighting purposes under the agencies’ regulatory capital rules. This fair value amount is reported in Schedule RC–R, Part II, item 2.b, column A, except for the fair value of those AFS securities that qualify as securitization exposures, which is reported in Schedule RC–R, Part II, item 9.b, column A. To the extent appropriate under the regulatory capital rules, adjustments to the fair values reported in column A of items 2.b and 9.b are reported in column B. The adjusted amount in item 2.b is then allocated to the appropriate risk-weight category in columns C through N. The adjusted amount of AFS securitization exposures in item 9.b is reported by risk-weight category in column Q or by risk-weighted asset amount in column T or U based on the risk-weighting approach or approaches applied by an institution. At present, the accumulated balance of the unrealized gains (losses) on AFS equity securities, net of applicable income taxes, that have been recognized through other comprehensive income is included in accumulated other comprehensive income (AOCI), which is reported in the equity capital section of the Call Report balance sheet in Schedule RC, item 26.b. With the elimination of AFS equity securities on the effective date of ASU 2016–01, the net unrealized gains (losses) on these securities that had been included in AOCI will be reclassified (transferred) from AOCI into the retained earnings component of equity capital, which is reported on the Call Report balance sheet in Schedule RC, item 26.a. After the effective date, changes in the fair value of (i.e., the unrealized gains and losses on) an institution’s equity securities that would have been classified as AFS had the previously applicable accounting standards remained in effect will be recognized through net income rather than other comprehensive income. The effect of the elimination of AFS equity securities as a distinct asset category upon institutions’ implementation of ASU 2016–01 carries over to the agencies’ regulatory capital rules. Under these rules, institutions that are eligible to and have elected to make the AOCI opt-out election deduct net unrealized losses on AFS equity securities from common equity tier 1 capital and include 45 percent of pretax PO 00000 Frm 00136 Fmt 4703 Sfmt 4703 29157 net unrealized gains on AFS equity securities in tier 2 capital. For purposes of reporting regulatory capital components and ratios in the Call Report, the deduction of these net unrealized losses is currently effected through the combination of Schedule RC–R, Part I, items 9.a, ‘‘LESS: Net unrealized gains (losses) on availablefor-sale securities,’’ and 9.b, ‘‘LESS: Net unrealized loss on available-for-sale preferred stock classified as an equity security under GAAP and available-forsale equity exposures.’’ The inclusion of 45 percent of pretax net unrealized gains in tier 2 capital currently occurs through the reporting of this percentage of an institution’s gains in Schedule RC–R, Part I, item 31, ‘‘Unrealized gains on available-for-sale preferred stock classified as an equity security under GAAP and available-for-sale equity exposures includable in tier 2 capital.’’ When ASU 2016–01 takes effect and the classification of equity securities as AFS is eliminated for accounting and reporting purposes under U.S. GAAP, the concept of unrealized gains and losses on AFS equity securities will likewise cease to exist. Another outcome of the change in accounting for equity investments under ASU 2016–01 is that equity securities and other equity investments without readily determinable fair values that are within the scope of ASU 2016–01 and are not held for trading must be measured at fair value through net income, rather than at cost (less impairment, if any), unless the measurement election described above is applied to individual equity investments. In general, institutions currently report their holdings of such equity securities without readily determinable fair values as a category of other assets in Call Report Schedule RC–F, item 4. The total amount of an institution’s other assets is reported on the Call Report balance sheet in Schedule RC, item 11. At present, AFS equity securities and equity investments without readily determinable fair values are included in the quarterly averages reported in Schedule RC–K. Institutions report the quarterly average for ‘‘All other securities’’ in item 4 of this schedule and this average reflects AFS equity securities at historical cost. A quarterly average for total assets is reported in item 9 of Schedule RC–K. Among its uses, average total assets serves as the starting point for determining the denominator for the tier 1 leverage ratio under the agencies’ regulatory capital rules. The quarterly average for total assets currently reflects AFS equity securities at the lower of cost or fair E:\FR\FM\27JNN1.SGM 27JNN1 mstockstill on DSK30JT082PROD with NOTICES 29158 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices value and equity securities without readily determinable fair values at historical cost. Finally, institutions with foreign offices report the fair value of their AFS equity securities in domestic offices and the historical cost of their equity securities without readily determinable fair values in domestic offices in Schedule RC–H, items 16 and 18, respectively, of the FFIEC 031 Call Report. The domestic office holdings of these equity securities are components of the AFS equity securities and equity securities without readily determinable fair values reported on a consolidated basis in Schedule RC–B, item 7, and Schedule RC–F, item 4, respectively. The agencies have considered the changes to the accounting for equity investments under ASU 2016–01 and the effect of these changes on the manner in which data on equity securities and other equity investments is currently reported in the Call Report. The agencies also note that, because of the different effective dates for ASU 2016–01 for public business entities and all other entities, as well as the varying fiscal years across the population of institutions that file Call Reports, the period over which institutions will be implementing this ASU ranges from the first quarter of 2018 through the fourth quarter of 2020. December 31, 2020, will be the first quarter-end Call Report date as of which all institutions would be required to prepare their Call Reports in accordance with ASU 2016–01. As a result, the agencies are proposing revisions to the reporting of information on equity securities and other equity investments in response to the ASU that would be introduced in the Call Report effective March 31, 2018, but would not be fully phased in until the Call Report for December 31, 2020. In developing these proposed Call Report revisions, the agencies have followed the guiding principles for evaluating potential additions and deletions of Call Report data items and other revisions to the Call Report identified in Section I above. In following these principles, the agencies have sought to limit the number of data items being added to the Call Report to address the changes in accounting for equity securities and other equity investments. The proposed Call Report revisions related to equity securities are as follows: (1) To provide transparency to the effect of unrealized gains and losses on equity securities not held for trading on an institution’s net income during the year-to-date reporting period in Schedule RI, Income Statement, and to clearly distinguish these gains and VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 losses from the rest of an institution’s income (loss) from its continuing operations, Schedule RI, item 8, would be revised effective March 31, 2018, by creating new items 8.a, ‘‘Income (loss) before unrealized holding gains (losses) on equity securities not held for trading, applicable income taxes, and discontinued operations,’’ and 8.b, ‘‘Unrealized holding gains (losses) on equity securities not held for trading.’’ In addition to unrealized holding gains (losses) during the year-to-date reporting period on such equity securities with readily determinable fair values, institutions also would report in proposed new item 8.b the year-to-date changes in the carrying amounts of equity investments without readily determinable fair values not held for trading (i.e., unrealized holding gains (losses) for those measured at fair value through earnings; impairment, if any, plus or minus changes resulting from observable price changes for those equity investments for which this measurement election is made). Existing Schedule RI, item 8, ‘‘Income (loss) before applicable income taxes and discontinued operations,’’ would be renumbered as item 8.c, and would be the sum of items 8.a and 8.b. From March 31, 2018, through September 30, 2020, the instructions for item 8.b and the reporting form for Schedule RI would include guidance stating that item 8.b is to be completed only by institutions that have adopted ASU 2016–01. Institutions that have not adopted ASU 2016–01 would leave item 8.b blank when completing Schedule RI. Finally, from March 31, 2018, through September 30, 2020, the instructions for Schedule RI, item 6.b, ‘‘Realized gains (losses) on available-for-sale securities,’’ and the reporting form for Schedule RI would include guidance stating that, for institutions that have adopted ASU 2016–01, item 6.b includes realized gains (losses) only on AFS debt securities. Effective December 31, 2020, the caption for item 6.b would be revised to ‘‘Realized gains (losses) on available-for-sale debt securities.’’ (2) On the FFIEC 031, certain institutions with foreign offices must complete Schedule RI–D, Income from Foreign Offices. As stated in the instructions for Schedule RI–D, ‘‘[f]or the most part, the income and expense items in Schedule RI–D mirror categories of income and expense reported in Schedule RI.’’ However, Schedule RI–D collects much less detail on an institution’s income and expense than Schedule RI. The instructions for Schedule RI would be revised effective March 31, 2018, to indicate that, for PO 00000 Frm 00137 Fmt 4703 Sfmt 4703 institutions that have adopted ASU 2016–01, the amount of unrealized holding gains (losses) on equity securities not held for trading in foreign offices that is included in Schedule RI, item 8.b, should be reported in Schedule RI–D, item 5, ‘‘Realized gains (losses) on held-to-maturity and available-for-sale securities in foreign offices.’’ Effective December 31, 2020, the caption for item 5 would be revised to ‘‘Realized gains (losses) on held-tomaturity and available-for-sale debt securities and unrealized holding gains (losses) on equity securities not held for trading in foreign offices.’’ (3) In Schedule RC, Balance Sheet, a new item 2.c, ‘‘Equity securities with readily determinable fair values not held for trading,’’ would be added effective March 31, 2018. From March 31, 2018, through September 30, 2020, the instructions for item 2.c and the reporting form for Schedule RC would include guidance stating that item 2.c is to be completed only by institutions that have adopted ASU 2016–01. Institutions that have not adopted ASU 2016–01 would leave item 2.c blank. During this period, the instructions for Schedule RC, item 2.b, ‘‘Available-for-sale securities,’’ would explain that institutions that have adopted ASU 2016 01 should include only debt securities in item 2.b. Effective December 31, 2020, the caption for item 2.b would be revised to ‘‘Available-forsale debt securities’’ and all institutions would report their holdings of equity securities with readily determinable fair values not held for trading in item 2.c. (4) In Schedule RC–B, Securities, item 7, ‘‘Investments in mutual funds and other equity securities with readily determinable fair values,’’ would be removed effective December 31, 2020. From March 31, 2018, through September 30, 2020, the instructions for item 7 and the reporting form for Schedule RC–B would include guidance stating that item 7 is to be completed only by institutions that have not adopted ASU 2016–01. Institutions that have adopted ASU 2016–01 would leave item 2.c blank. (5) In Schedule RC–F, Other Assets, the caption for item 4 would be changed from ‘‘Equity securities that DO NOT have readily determinable fair values’’ to ‘‘Equity investments without readily determinable fair values’’ effective March 31, 2018. The types of equity securities and other equity investments currently reported in item 4 would continue to be reported in this item. However, after the effective date of ASU 2016–01 for an institution, the securities the institution reports in item 4 would E:\FR\FM\27JNN1.SGM 27JNN1 mstockstill on DSK30JT082PROD with NOTICES Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices be measured in accordance with the ASU. (6) In Schedule RC–H, Selected Balance Sheet Items for Domestic Offices, of the FFIEC 031, item 16, ‘‘Investments in mutual funds and other equity securities with readily determinable fair values,’’ would be removed effective December 31, 2020, and the caption for item 17 would be changed from ‘‘Total held-to-maturity and available-for-sale securities (sum of items 10 through 16)’’ to ‘‘Total held-tomaturity and available-for-sale debt securities (sum of items 10 through 15).’’ From March 31, 2018, through September 30, 2020, the instructions for item 16 and the reporting form for Schedule RC–H would include guidance stating that item 16 is to be completed only by institutions that have not adopted ASU 2016–01. Institutions that have adopted ASU 2016–01 would leave item 16 blank. In addition, effective March 31, 2018, item 18, ‘‘Equity securities that do not have readily determinable fair values,’’ would be replaced by item 18.a, ‘‘Equity securities with readily determinable fair values,’’ and item 18.b, ‘‘Equity investments without readily determinable fair values.’’ From March 31, 2018, through September 30, 2020, the instructions for item 18.a and the reporting form for Schedule RC–H would include guidance stating that item 18.a is to be completed only by institutions that have adopted ASU 2016–01. Institutions that have not adopted ASU 2016–01 would leave item 18.a blank. The types of equity securities and other equity investments without readily determinable fair values that are currently reported in item 18 would be reported in item 18.b. (7) In Schedule RC–K, Quarterly Averages, the caption for item 4, ‘‘All other securities,’’ would be changed to ‘‘All other debt securities and equity securities with readily determinable fair values not held for trading purposes’’ effective March 31, 2018. From March 31, 2018, through September 30, 2020, the instructions for item 4 and the reporting form for Schedule RC–K would include guidance indicating that, for institutions that have adopted ASU 2016–01, the quarterly average for equity securities with readily determinable fair values should be based on fair value and, for institutions that have not adopted ASU 2016–01, the quarterly average for such equity securities (i.e., AFS equity securities) should be based on historical cost. Effective December 31, 2020, this guidance would indicate that the quarterly average for equity securities with readily determinable fair values not held for trading should be based on VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 fair value, which would apply to all institutions. In addition, for Schedule RC–K, item 9, ‘‘Total assets,’’ the instructions for this item and the Schedule RC–K reporting form would include guidance from March 31, 2018, through September 30, 2020, stating that, for purposes of reporting the quarterly average for total assets: • Institutions that have adopted ASU 2016–01 should reflect the quarterly average for equity securities with readily determinable fair values at fair value and the quarterly average for equity securities without readily determinable fair values at their balance sheet carrying amounts (i.e., fair value or, if elected, cost minus impairment, if any, plus or minus changes resulting from observable price changes), and • Institutions that have not adopted ASU 2016–01 should reflect the quarterly average for equity securities with readily determinable fair values at the lower of cost or fair value and the quarterly average for equity securities without readily determinable fair values at historical cost. Then, effective December 31, 2020, the instructions for item 9 and the Schedule RC–K reporting form would indicate that, for equity securities not held for trading, the quarterly average for total assets should reflect such securities with readily determinable fair values at fair value and those without readily determinable fair values at their balance sheet carrying amounts. (8) In Schedule RC–Q on the FFIEC 041 and FFIEC 031, the caption for item 1, ‘‘Available-for-sale securities,’’ would be changed to ‘‘Available-for-sale debt securities and equity securities with readily determinable fair values not held for trading purposes’’ effective March 31, 2018. From March 31, 2018, through September 30, 2020, the instructions for item 1 and the reporting form for Schedule RC–Q would include guidance stating that, for institutions that have adopted ASU 2016–01, the amount reported in item 1, column A, must equal the sum of Schedule RC, items 2.b and 2.c, and for institutions that have not adopted ASU 2016–01, the amount reported in item 1, column A, must equal Schedule RC, item 2.b. Effective December 31, 2020, this guidance would indicate that the amount reported in item 1, column A, must equal the sum of Schedule RC, items 2.b and 2.c. (9) In Schedule RC–R, Part I, Regulatory Capital Components and Ratios, the instructions for item 9.a and the Schedule RC–R reporting form would include guidance from March 31, 2018, through September 30, 2020, stating that, for institutions that have PO 00000 Frm 00138 Fmt 4703 Sfmt 4703 29159 not adopted ASU 2016–01, item 9.a should include net unrealized gains (losses) on AFS debt and equity securities and, for institutions that have adopted the ASU, item 9.a should include net unrealized gains (losses) on AFS debt securities. During this same period, the instructions for item 9.b and the Schedule RC–R reporting form would include guidance indicating that item 9.b is to be completed only by institutions that have not adopted ASU 2016–01. Effective December 31, 2020, item 9.b would be removed and the caption for item 9.a would be revised to ‘‘LESS: Net unrealized gains (losses) on available-for-sale debt securities.’’ In addition, from March 31, 2018, through September 30, 2020, the instructions for Schedule RC–R, Part I, item 31, and the Schedule RC–R reporting form would include guidance indicating that item 31 is to be completed only by institutions that have not adopted ASU 2016–01. During this period, institutions that have adopted the ASU would leave item 31 blank. Then, effective December 31, 2020, item 31 would be removed from Schedule RC–R, Part I. (9) In Schedule RC–R, Part II, RiskWeighted Assets, revisions would be made to item 2 that correspond to those made to Schedule RC, item 2. A new item 2.c, ‘‘Equity securities with readily determinable fair values not held for trading,’’ would be added to Schedule RC–R, Part II, effective March 31, 2018. Applicable risk weights for new item 2.c would be 100 percent, 250 percent, 300 percent, and 600 percent; amounts also could be reported in columns R and S. From March 31, 2018, through September 30, 2020, the instructions for item 2.c and the reporting form for Schedule RC–R, Part II, would include guidance stating that item 2.c is to be completed only by institutions that have adopted ASU 2016–01. During the same period, the instructions for Schedule RC–R, Part II, item 2.b, ‘‘Available-forsale securities,’’ would explain that institutions that have adopted ASU 2016–01 should include only debt securities in this item. Effective December 31, 2020, the caption for item 2.b would be revised to ‘‘Available-forsale debt securities’’ and the 250 percent, 300 percent, and 600 percent risk weights plus columns R and S would be removed from item 2.b. IV. Timing The proposed changes in this notice would be effective beginning with the March 31, 2018, Call Report. The agencies are considering whether some or all of the changes proposed in Sections III.A through III.C instead should become effective with the E:\FR\FM\27JNN1.SGM 27JNN1 29160 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices December 31, 2017, Call Report to provide burden relief at an earlier date. However, the agencies recognize that it could be more burdensome for institutions to implement revisions at year-end rather than in the first quarter of the year. For the March 31, 2018, report date or any earlier effective date, as applicable, institutions may provide reasonable estimates for any new or revised Call Report data item initially required to be reported as of that date for which the requested information is not readily available. The specific wording of the captions for the new or revised Call Report data items discussed in this proposal and the numbering of these data items should be regarded as preliminary. mstockstill on DSK30JT082PROD with NOTICES V. Request for Comment Public comment is requested on all aspects of this joint notice. Comment is specifically invited on: (a) Whether institutions prefer the agencies’ approach to implement all the revisions as of March 31, 2018, or whether institutions would prefer an earlier implementation date for some or all of the revisions proposed in Sections III.A through III.C of this notice; (b) Whether the proposed revisions to the collections of information that are the subject of this notice are necessary for the proper performance of the agencies’ functions, including whether the information has practical utility; (c) The accuracy of the agencies’ estimates of the burden of the information collections as they are proposed to be revised, including the validity of the methodology and assumptions used; (d) Ways to enhance the quality, utility, and clarity of the information to be collected; (e) Ways to minimize the burden of information collections on respondents, including through the use of automated collection techniques or other forms of information technology; and (f) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Comments submitted in response to this joint notice will be shared among the agencies. All comments will become a matter of public record. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 Appendix A Summary of the FFIEC Member Entities’ Uses of the Data Items in the Call Report Schedules in the Portion of the User Surveys Evaluated in the Development of This Proposal Schedule RI–D (Income from Foreign Offices) [FFIEC 031 only] Schedule RI–D collects data on income from foreign offices. Collectively, the data are used in country and currency risk analyses to monitor the level, trend, quality and sustainability of the income component of foreign offices. These data help support a variety of examination activities that include, but are not limited to, earnings and yield analysis, asset securitizations, core assessment, price risk, and trading. Quarterly data also improve the offsite monitoring of trading and asset management activities. Data on investment banking, advisory, brokerage, and underwriting fees and commissions are used to track the global asset management activities of institutions with foreign offices. The global presence of these activities adds to the complexity of the asset management business conducted by financial institutions and this information is continually monitored to detect potential shifts in business models. It also serves as one component of measurement of the degree of global interconnectedness and systemic risk. Schedule RI–E (Explanations) Schedule RI–E collects explanations for items that significantly contribute to the total amounts reported for other noninterest income and other noninterest expense. Since other noninterest income makes up almost half of total noninterest income and other noninterest expense makes up approximately 40 percent of noninterest expense on an aggregate basis for all filers of the Call Report, data on the composition of each of these income statement data items is essential to understanding what is driving the level of and changes over time in these data items at individual institutions. The stratification of the information in this schedule allows for identification of potential unusual sources of changes in earnings that affect trend analyses. This information is particularly important for identifying losses of an unusual or nonrecurring nature when an institution is in a stressed condition, which was evident during the recent financial crisis. This stratified noninterest income and expense information continues to be critical in understanding the causes of swings in an institution’s profitability. Schedule RI–E also collects descriptive information on discontinued operations, significant adjustments to the allowance for loan and lease losses (ALLL), accounting changes and error corrections, and certain capital transactions with stockholders. These data items provide the agencies and their examiners better insight on factors driving changes in net income and the ALLL (due to sources other than provisions, charge-offs, and recoveries), along with nonrecurring types of changes in institutions’ equity capital. The detailed breakdown of components of other noninterest income in excess of the PO 00000 Frm 00139 Fmt 4703 Sfmt 4703 Schedule RI–E reporting threshold is essential to the Consumer Financial Protection Bureau’s (CFPB) understanding of the viability of institutions’ offerings of consumer services regulated by the CFPB. This information provides unique insights into institutions’ reliance on key revenue streams that can impact consumer access to and the availability of services. These streams include bank and credit card interchange, income and fees from automated teller machines, and institution-described components of other noninterest income. This information also helps the CFPB monitor trends in the consumer marketplace. Similarly, the detailed breakdown of other noninterest expense facilitates the CFPB’s ability to conduct statutorily-required cost analyses for rulemakings and other policy endeavors. Schedule RC–B (Securities) Information collected on Schedule RC–B is essential for assessment of liquidity risk, market risk, interest rate risk, and credit risk. Specifically, information on held-to-maturity, available-for-sale, and pledged securities is critical for analysis of the institution’s ability to manage short-term financial obligations without negatively impacting capital or income (liquidity risk), and risk of loss due to market movements (market risk). Maturity and repricing information on debt securities collected in the Memorandum items on Schedule RC–B, together with the maturity and repricing information collected in other schedules for other types of assets and liabilities, is critical for the assessment of the risk to an institution from changes in interest rates (interest rate risk), and also contributes to the evaluation of liquidity. Thus, the maturity and repricing information collected throughout the Call Report also aids in evaluating the strategies institutions take to mitigate liquidity and interest rate risks. Liquidity and interest rate risk indicators that are calculated by agency models from an institution’s Call Report data and exceed specified parameters or change significantly between examinations are red flags that call for timely examiner off-site review. In this regard, the reported amount of debt securities with a remaining maturity of one year or less is a key input into the calculation of an institution’s short-term assets that, when analyzed in conjunction with non-core funding data, can indicate the extent to which the institution is relying on short-term funding to fund longer-term assets, which presents an exposure to liquidity risk. Further, liquidity risk inputs into agency models that vary by type of security provide examiners the ability to customize and apply liquidity stress tests. Extensive back testing has shown that the liquidity risk inputs for securities contain substantial forwardlooking information by which to ascertain the likelihood that an institution would be able to avoid significant liquidity problems in a stressed environment. As another example, agency models that consider both the amortized cost and fair value of held-to-maturity and available-forsale securities reported in Schedule RC–B are used for off-site monitoring of interest rate risk to identify individual institutions that E:\FR\FM\27JNN1.SGM 27JNN1 mstockstill on DSK30JT082PROD with NOTICES Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices may be significantly exposed to rising interest rates. Individual types of securities from Schedule RC–B are grouped into major categories for purposes of performing duration-based analyses of potential investment portfolio depreciation for both severe and more moderate interest rate increases. The Schedule RC–B data for these groupings of securities, together with Call Report data for other types of balance sheet assets and liabilities, also serve as inputs to quarterly duration-based estimates of potential changes in fair values for the overall balance sheet in response to various forecasted interest rate changes. Outlier institutions identified by these models are the subject of prompt supervisory follow-up to address their interest rate risk exposure. The institution’s risk profile in these areas is considered during pre-examination planning to determine the appropriate scoping and staffing for examinations. For example, the quarterly reporting of the Call Report information on held-to-maturity and available-for-sale securities also aids in the identification of low-risk areas prior to onsite examinations, allowing the agencies to improve the allocation of their supervisory resources and increase the efficiency of supervisory assessments, which reduces the scope of examinations in these areas, thereby reducing regulatory burden. Information on the amortized cost and fair value of the securities portfolio allows for measurement of depreciation/appreciation, which is important for assessing the potential impact that unrealized gains and losses may have on earnings and liquidity. Unrealized gains and losses on available-for-sale equity securities and, for certain institutions, unrealized gains and losses on available-forsale debt securities are an integral input into regulatory capital calculations. Furthermore, because the amount of unrealized gains and losses on both held-to-maturity and available-for-sale debt securities is an indicator of risk in the debt securities portfolio, it also is a key factor in examiners’ qualitative assessments of capital adequacy. Data showing significant depreciation in specific types of securities not issued or guaranteed by the U.S. government or its agencies can signal an institution’s failure to properly evaluate the existence of other-thantemporary impairments arising from credit losses and other factors. Similarly, data on year-to-date sales and transfers of held-tomaturity securities is a basis for off-site or onsite follow-up by examiners to determine whether the reasons for these transactions are acceptable under U.S. GAAP or have resulted in the tainting of this securities portfolio. In addition, the reporting of debt securities by security type is important to identify concentrations in higher risk types of investments, which may have greater liquidity and/or credit risk than other types of securities. Information on investments in securities issued by states and political subdivisions in the United States is used by many state regulatory agencies as a starting point for monitoring compliance with certain state municipal investment regulations. The amortized cost and fair value of held-tomaturity and available-for-sale debt securities, respectively, for certain types of VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 securities as well as the fair value of all U.S. Treasury and Government agency securities are used in the risk-based premium deposit insurance pricing methodology for large institutions and highly complex institutions. Schedule RC–D (Trading Assets and Liabilities) [FFIEC 031 and FFIEC 041 only] Schedule RC–D collects information on trading activity from institutions with more than a limited amount of trading assets in recent quarters. Trading assets are segmented into detailed securities and loan categories. Trading liabilities separately cover liability for short positions and other trading liabilities. The schedule’s Memorandum items request additional information, including the unpaid principal balance of loans and the fair value of structured financial products and asset-backed securities held for trading purposes. The information contained in Schedule RC–D is used to assess the overall composition of the institution’s trading portfolio and also provides detailed information to evaluate the liquidity, credit, and interest rate risk within the trading portfolio, which impacts the overall risk profile of the institution. Data on the types of trading assets held by an institution—such as U.S. Treasury securities versus structured financial products versus commercial and industrial loans, for example—serve as a barometer of the relative levels of these risks in the trading portfolio. Regarding liquidity risk, the higher the level of more liquid assets an institution has within its trading portfolio, the more financial flexibility it has if faced with uncertainties or unfavorable market conditions. If an institution has a low level of liquid assets within its trading portfolio, this impacts its ability to rapidly adjust its holdings in response to adverse market movements. Information on the volume and composition of trading assets and how it has changed over recent quarters also can provide insight into an institution’s trading strategies and its views on market trends. The assessment of trading portfolio composition and risks enters into pre-examination planning to determine the appropriate scoping and staffing for examinations of institutions engaged in trading activities. Furthermore, data on securities and loans held for trading are combined with data on securities and loans held for investment, as reported in Schedule RC–B and Schedule RC–C, Part I, to benchmark weekly loan and security data collected by the Board from a sample of both small and large institutions. These weekly data are used to estimate weekly measures of extension of credit for the banking sector as a whole to provide a more timely input for purposes of monitoring the macroeconomy. Information on mortgage-backed securities and mortgage loans held for trading assisted the CFPB’s efforts to develop required estimates for various Title XIV mortgage reform rulemakings under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111–203). Going forward, data items from this schedule and Schedules RC– B and RC–C, Part I, are critical for continuous monitoring of the mortgage market. The CFPB uses these items to understand the PO 00000 Frm 00140 Fmt 4703 Sfmt 4703 29161 intricacies of the mortgage market that are essential to assessing institutional participation in regulated consumer financial services markets and to assess regulatory impact associated with recent and proposed policies, as required by that agency’s statutory mandate. Schedule RC–K (Quarterly Averages) Average quarterly asset and liability information is essential to the ability of the FFIEC member entities to more appropriately evaluate the performance of individual institutions. Quarterly average data from Schedule RC–K also provide important information at the industry level for policy review at FFIEC member entities. The average data reported in Schedule RC– K are used in conjunction with income and expense information from Schedule RI to calculate yields and costs for the corresponding categories of assets and liabilities. These ratios are presented in the Uniform Bank Performance Report (UBPR) where they are used as a tool by examiners, both on- and off-site, to monitor and evaluate trends related to an institution’s earnings and capital. These ratios also help the agencies identify trends across the banking industry. Important ratios derived from quarterly average data include, but are not limited to, earnings ratios (e.g., return on average assets, overhead ratio, and net interest margin) and the leverage capital ratio. The granularity of the data in Schedule RC–K assists in analyzing performance within a bank’s asset and liability portfolios. Quarterly average balances allow for better analyses of trends in the composition of an institution’s assets and liabilities than is possible from comparisons of quarter-end data, which may be affected by fluctuations related to seasonality or abnormal levels of activity at period-end. The detailed average data used to calculate the yield on specific types of interest-earning assets helps examination teams understand the impact of credit quality on the earnings performance of particular loan portfolios. Where an institution’s yields on particular types of loans exceed those of its peers, this warrants examiner scrutiny to determine whether this outcome is a result of the institution’s origination or purchase of lower credit quality loans. In addition, the data on the cost of funds by funding type is important in assessing the funding mix at the institution level for oversight purposes. Higher costs for particular types of deposits or other liabilities compared to these costs at an institution’s peers also warrants examiner review to determine whether the institution is making greater use of more volatile non-core funding sources. The yield on interest-earning assets and cost of funds also gives insight into the effectiveness of an institution’s plans and initiatives related to asset/liability mix, liquidity, and interest rate risk strategies and their resulting impact on earnings. These performance ratios are essential to the consideration of an institution’s earnings during pre-examination planning to determine the appropriate scoping of this area, particularly because earnings is E:\FR\FM\27JNN1.SGM 27JNN1 29162 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices mstockstill on DSK30JT082PROD with NOTICES evaluated and rated as part of the CAMELS rating system.22 Schedule RC–L (Derivatives and Off-BalanceSheet Items) Schedule RC–L provides data on offbalance sheet assets and liabilities as well as derivatives contracts. The quarterly reporting of all off-balance sheet items in the Call Report is required by law (12 U.S.C. 1831n(a)(3)(C)). The most recent financial crisis emphasized the importance of identifying and monitoring significant exposures arising from any contingent or offbalance sheet liabilities and the effect of these exposures on an institution’s overall risk profile. The granular data on components of off-balance sheet items, as well as derivatives data, assist the banking agencies in ensuring the safety and soundness of financial institutions through both off-site and on-site monitoring of a variety of potential risks. These risks include, but are not limited to, liquidity risk, credit risk, interest rate risk (IRR), and foreign exchange risk. The data on Schedule RC–L also is essential for the examination scoping process, which begins during preexamination planning. The data offer insight into outliers and exceptions, which provide information to examiners on areas on which to focus during their on-site examinations. The data on Schedule RC–L on the FFIEC 031 and FFIEC 041 is useful in determining an institution’s potential exposure to losses from derivatives activities. It is also useful in identifying the extent to which an institution may be engaging in hedging strategies that will affect its future earnings prospects. An excessive and/or inappropriate credit derivative position could have a substantial and immediate detrimental impact to an institution’s liquidity, interest rate risk, earnings, or capital adequacy. For institutions with material volumes of derivatives as reported on Schedule RC–L, examiners can assess whether the institution’s management has the appropriate expertise and policies in place to manage and control the risks associated with its derivatives activities and whether the institution’s capital levels are commensurate with its risk exposure. This is particularly true with respect interest rate derivatives, which are the most widely held derivatives, and are commonly used in the management of interest rate risk. Schedule RC–L provides a granular perspective about the types of interest rate contracts an institution has entered into, which helps an examiner focus on assessing how effectively management uses the various types of interest rate contracts in its derivatives portfolio to hedge its exposure to interest rate risk. Also, examiners investigate fluctuations in the fair values of an institution’s holdings of derivatives to determine if there are changes in the institution’s risk appetite as set by the 22 CAMELS is an acronym that represents the ratings from six essential components of an institution’s financial condition and operations: Capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk. These components represent the primary areas evaluated by examiners during examinations of institutions. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 board of directors and implemented by management. The unused commitments information on Schedule RC–L is essential to examiners, especially during periods of financial distress when borrowers rely increasingly on drawing down their lines of credit and unused commitments as a source of funding. The unused commitments data enables examiners to identify whether growth in unused commitments over time is at a manageable level and permit assessments of the potential impact, if such commitments are funded, on the credit quality of the related loan categories, as well as on the liquidity and on the capital position of an institution. Also, institutions may have a concentration in a particular loan category, which may not be readily apparent from balance sheet data until unused commitments to borrowers in this category are actually funded, which dictates that examiners consider the reported amounts on unused commitments by loan category to ensure they identify and assess the concentration risk. Financial and performance standby letters of credit also present liquidity and credit risk considerations for examiners, which also may be greater during periods of financial distress when the counterparties may be more likely to fail to perform as required under the terms of the underlying contract. The derivatives information on Schedule RC–L is also one of the primary sources that feeds into a derivatives quarterly report that is used to report on bank trading and derivative activities. This public report issued by the OCC helps the banking agencies’ on-site examiners at the largest banks to continuously evaluate the credit, market, operational, reputation, and compliance risks of bank derivative activities. Schedule RC–M (Memoranda) Schedule RC–M collects various types of information. Section 7(k) of the Federal Deposit Insurance Act (12 U.S.C. 1817(k)) authorizes the federal banking agencies to require the reporting and public disclosure of information concerning extensions of credit by an institution to its executive officers and principal shareholders and their related interests. Federal Reserve Board Regulation O (12 CFR 215), which has been made applicable to all institutions, imposes an aggregate lending limit on extensions of credit to insiders (executive officers, directors, principal shareholders, and their related interests) and, in general, requires an institution to make available the names of its executive officers and principal shareholders to whom the institution had outstanding as of the end of the latest previous quarter aggregate extensions of credit that, when aggregated with all other outstanding extensions of credit to such person and their related interests, equaled or exceeded the lesser of 5 percent of capital and unimpaired surplus or $500,000. The data collected in Schedule RC–M on extensions of credit to the reporting institution’s insiders generally aligns with these requirements and assists the agencies in monitoring compliance with the insider lending regulations between examinations and determining whether PO 00000 Frm 00141 Fmt 4703 Sfmt 4703 supervisory follow-up is warranted when material increases in insider lending are identified. Because identifiable intangible assets are deducted from regulatory capital or are subject to regulatory capital limits and deducted amounts are not risk weighted, the reporting of these amounts aids in validating an institution’s regulatory capital calculations in Schedule RC–R. In addition to their treatment under the regulatory capital rules, mortgage servicing assets in particular are complex in nature and present liquidity risk and interest rate risk and their value is affected by the credit risk of the underlying serviced assets. Mortgage servicing assets also contribute to the level of an institution’s mortgage prepayment exposure. When the level of this exposure rises above a specified benchmark at an individual institution, this exposure may warrant additional attention by examiners between examinations and necessitate greater scrutiny of management’s prepayment assumptions in its own interest rate risk model during examinations or visitations. The components of other real estate owned are needed to monitor asset quality trends at individual institutions and industry-wide, including when coupled with the past due and nonaccrual data for loans secured by the same type of property from Schedule RC–N. The component information may provide insight into the market conditions affecting the segments of the real estate market in the institution’s trade area, including possible deteriorating conditions. Maturity and repricing information on other borrowed money, together with the maturity and repricing information collected in other schedules for other types of assets and liabilities, is needed to evaluate liquidity and interest rate risk to the institution, and to aid in evaluating the strategies institutions take to mitigate these risks. Liquidity and interest rate risk indicators that are calculated by agency models from an institution’s Call Report data and exceed specified parameters or change significantly between examinations are red flags that call for timely examiner attention. Data on certain secured liabilities also is used in the assessment of institutions’ liquidity positions because increases in the relative volume of secured versus unsecured liabilities may signal that an institution is encountering difficulties in rolling over unsecured borrowings due to deterioration in its condition, which would call for supervisory follow-up when identified between examinations. Information on mutual funds and annuities, bank Web sites with transactional capability, certain trustee and custodial activities, and captive insurance subsidiaries, is used to identify institutions engaged in these activities, some of which are not typical activities for community banks. If an institution begins to report that it engages in one or more of these activities or reports a significant increase in assets tied to an activity between examinations, this may indicate the need for examiner follow-up to assess the institution’s expertise and management of these activities. An institution’s involvement in these activities E:\FR\FM\27JNN1.SGM 27JNN1 29163 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices may also affect the staffing and scoping of examinations, particularly for activities for which compliance with applicable laws and regulations must be evaluated during examinations. The reporting of an institution’s internet Web sites and trade names supports the FDIC’s ability to serve as an information resource for insured institutions by responding to inquiries from the public with the most current information concerning the insured status of the institution behind an internet Web site or a physical branch office that uses a trade name. For Qualified Thrift Lenders (QTL) subject to 12 U.S.C. 1467a(c), reporting of QTL test information assists the agencies in timely identifying thrift institutions that need to take action to remain in compliance, or that fail to comply and become subject to certain restrictions. International remittance transfers data by type is needed annually to monitor compliance with regulatory requirements (12 CFR 1005.30, et seq). Different types of transfers pose different consumer protection concerns and information of transfer activity aids in the monitoring of the evolution of this market, and how institutions diversify remittance offerings beyond wire transfers. Schedule RC–R (Regulatory Capital) Schedule RC–R collects information about an institution’s capital. Part I (Regulatory Capital Components and Ratios) collects information about the types and amounts of capital instruments and the leverage and riskbased capital ratios. Part II (Risk-Weighted Assets) collects additional information about types of assets on an institution’s balance sheet and certain off-balance sheet items to use in computing the risk-based capital ratios. The Federal banking agencies are required to establish a leverage limit and risk-based capital requirement for insured depository institutions under 12 U.S.C. 1831o and to monitor compliance with those requirements. The agencies implemented the capital requirements in their regulatory capital rules (12 CFR part 3 for OCC; 12 CFR part 217 for the Board; 12 CFR part 324 for the FDIC) and the compliance requirements in their prompt corrective action rules (12 CFR part 6 for OCC; 12 CFR part 208, subpart D for the Board; 12 CFR 324, subpart H for the FDIC). The capital rules recognize three types of capital instruments: Common Equity Tier 1, Additional Tier 1, and Tier 2 capital. The total of each type on Schedule RC–R, Part I, includes all potential adjustments to each component as allowed under the capital rules. The capital rules also provide for a calculation of risk-weighted assets, which consists of assigning a risk weight to every asset on an institution’s balance sheet that is not deducted from capital, as well as to certain off-balance sheet items. Schedule RC– R, Part II, includes all of the fields necessary to properly calculate an institution’s riskweighted asset amount. Finally, the results of the calculation of capital instrument amounts and risk-weighted assets are used to calculate risk-based and leverage capital ratios on Schedule RC–R, Part I. The agencies need to be able to monitor compliance with the capital rules and prompt corrective action provisions no less frequently than quarterly. In addition to using the resulting capital ratios to determine an institution’s status under 12 U.S.C. 1831o and the banking agencies’ prompt corrective action regulations, the FFIEC member entities use the regulatory capital information for other purposes. The calculation of Tier 1 capital at quarter-end flows into the amount of average tangible equity for the calendar quarter that institutions report in Schedule RC–O, which is used in the measurement of institutions’ assessment bases for deposit insurance purposes. The Tier 1 leverage ratio is one of the inputs into the calculation of deposit insurance assessment rates for small institutions and Tier 1 capital is a commonly used input when calculating these rates for large and highly complex institutions. Capital adequacy is rated in an institution’s on-site examination as the C of the CAMELS component ratings, and the information provided on Schedule RC–R helps examiners evaluate and rate that component. It is also used in the off-site monitoring process, and is important in reviewing the risk profile and viability of a financial institution. For example, the ratio of risk-weighted assets to unweighted assets has been found to provide an informative forward-looking signal regarding an institution’s risk posture. The information provided on Schedule RC–R also is used in deciding whether to approve an 18-month examination cycle for a specific institution and in reviewing merger applications. Information on specific sub-components of regulatory capital is useful as well. For example, the amounts of unrealized gains and losses on securities that flow into regulatory capital provide an indication of an institution’s interest rate and market risk. Information on the risk weighting of assets and off-balance sheet items provides insight into management’s risk tolerance and the institution’s risk to the deposit insurance fund. The risk-weighted asset composition information and risk-based capital ratios that flow into the UBPR are helpful to examiners when reviewing Reports of Examination and to establish a peer group average for comparison when evaluating changes in these items. The risk-weighted asset composition information also assists examiners in evaluating the reasons for changes in total risk-weighted assets over time at individual institutions. The derivatives exposure items reported in the Memoranda section of Schedule RC–R, Part II, provide a key insight into the notional principal amounts of both cleared and overthe-counter derivatives in the banking system, in addition to being inputs into the calculation for risk-weighted assets. Appendix B FFIEC 051: To Be Completed by Banks With Domestic Offices Only and Total Assets Less Than $1 Billion Data Items Removed, Other Impacts to Data Items, Reduction in Reporting Frequency, or Increase in Reporting Threshold DATA ITEMS REMOVED Item Item name RI ......................... RI ......................... 5.d.(1) ........................ 5.d.(2) ........................ RI ......................... RI ......................... RI ......................... 5.d.(3) ........................ 5.d.(4) ........................ 5.d.(5) ........................ RI ......................... RI ......................... mstockstill on DSK30JT082PROD with NOTICES Schedule 5.g ............................. M1 ............................. RI–B, Part II ......... M4 ............................. RI–E ..................... 1.f .............................. RI–E ..................... 1.h ............................. Fees and commissions from securities brokerage ....................... Investment banking, advisory, and underwriting fees and commissions. Note: Items 5.d.(1) and 5.d.(2) of Schedule RI will be combined into one data item. Fees and commissions from annuity sales ................................... Underwriting income from insurance and reinsurance activities .. Income from other insurance activities. Note: Items 5.d.(3), 5.d.(4), and 5.d.(5) of Schedule RI will be combined into one data item. Net securitization income .............................................................. Interest expense incurred to carry tax-exempt securities, loans, and leases acquired after August 7, 1986, that is not deductible for federal income tax purposes. Amount of allowance for post-acquisition credit losses on purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of Position 03– 3). Net change in the fair values of financial instruments accounted for under a fair value option. Gains on bargain purchases ......................................................... VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00142 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RIADC886 RIADC888 RIADC887 RIADC386 RIADC387 RIADB493 RIAD4513 RIADC781 RIADF229 RIADJ447 29164 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS REMOVED—Continued Schedule Item Item name MDRM No. RC ....................... 10.a ........................... RC ....................... 10.b ........................... RC–B ................... 2.a ............................. RC–B ................... 2.b ............................. RC–B ................... 5.b.(1) ........................ Goodwill. Note: Schedule RC, item 10.a will be moved to Schedule RC–M, new item 2.b. Other intangible assets (from Schedule RC–M). Note: Items 10.a and 10.b of Schedule RC will be combined into one data item. U.S. Government agency obligations (exclude mortgage-backed securities): Issued by U.S. Government agencies (Columns A through D). U.S. Government agency obligations (exclude mortgage-backed securities): Issued by U.S. Government-sponsored agencies (Columns A through D). Note: Items 2.a and 2.b of Schedule RC–B will be combined into one data item (Columns A through D). Structured financial products: Cash (Columns A through D) ........ RC–B ................... 5.b.(2) ........................ Structured financial products: Synthetic (Columns A through D) RC–B ................... 5.b.(3) ........................ RC–B ................... M6.a .......................... RC–B ................... M6.b .......................... RC–B ................... M6.c ........................... RC–B ................... M6.d .......................... RC–B ................... M6.e .......................... RC–B ................... M6.f ........................... RC–B ................... M6.g .......................... RC–K ................... RC–L ................... RC–L ................... RC–L ................... RC–M .................. 7 ................................ 1.b.(1) ........................ 1.b.(2) ........................ 1.d ............................. 2.b ............................. RC–M .................. 3.f .............................. Structured financial products: Hybrid (Columns A through D). Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B will be combined into one line item (Columns A through D). Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D). Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real estate investment trusts (Columns A through D). Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A through D). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises (GSEs) (Columns A through D). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or guaranteed by GSEs (Columns A through D). Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D). Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D). Trading assets ............................................................................... Unused consumer credit card lines ............................................... Other unused credit card lines ...................................................... Unused commitments: Securities underwriting ............................. Purchased credit card relationships and nonmortgage servicing assets. Note: Amounts reported in item 2.b will be included in item 2.c, All other identifiable intangible assets. Foreclosed properties from ‘‘GNMA loans’’. Note: Amounts reported in item 3.f will be included in item 3.c, Other real estate owned: 1–4 family residential properties. RCON3163 RCON0426 RCON1289, RCON1290, RCON1291, RCON1293 RCON1294, RCON1295, RCON1297, RCON1298 RCONG336, RCONG337, RCONG338, RCONG339 RCONG340, RCONG341, RCONG342, RCONG343 RCONG344, RCONG345, RCONG346, RCONG347 RCONG348, RCONG349, RCONG350, RCONG351 RCONG352, RCONG353, RCONG354, RCONG355 RCONG356, RCONG357, RCONG358, RCONG359 RCONG360, RCONG361, RCONG362, RCONG363 RCONG364, RCONG365, RCONG366, RCONG367 RCONG368, RCONG369, RCONG370, RCONG371 RCONG372, RCONG373, RCONG374, RCONG375 RCON3401 RCONJ455 RCONJ456 RCON3817 RCONB026 RCONC979 OTHER IMPACTS TO DATA ITEMS Item Item name RI ......................... 5.d.(1) (New) ............. RI ......................... mstockstill on DSK30JT082PROD with NOTICES Schedule 5.d.(2) (New) ............. RC ....................... 10 (New) .................... RC–B ................... 2 (New) ...................... Fees and commissions from securities brokerage, investment banking, advisory, and underwriting activities. Note: Items 5.d.(1) and 5.d.(2) of Schedule RI removed above will be combined into this data item. Income from other insurance activities (includes underwriting income from insurance and reinsurance activities). Note: Items 5.d.(3), 5.d.(4), and 5.d.(5) of Schedule RI removed above will be combined into this data item. Intangible assets (from Schedule RC–M). Note: Items 10.a and 10.b of Schedule RC removed above will be combined into this data item. U.S. Government agency obligations (exclude mortgage-backed securities (Columns A through D). Note: Items 2.a and 2.b of Schedule RC–B removed above will be combined into this data item (Columns A through D). VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00143 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 To be determined (TBD) TBD RCON2143 TBD (4 MDRMs) 29165 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices OTHER IMPACTS TO DATA ITEMS—Continued Schedule Item Item name MDRM No. RC–B ................... 5.b (New) ................... RC–M .................. 2.b (Re-mapping) ...... Structured financial products (Columns A through D). Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B removed above will be combined into this line item (Columns A through D). Goodwill. Note: Schedule RC, item 10.a will be moved to Schedule RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M, item 2. TBD (4 MDRMs) RCON3163 DATA ITEMS WITH A REDUCTION IN FREQUENCY OF COLLECTION SEMIANNUAL REPORTING (JUNE 30 AND DECEMBER 31) Schedule Item Item name MDRM No. RC–B ................... M3 ............................. RC–C, Part I ........ M7.a .......................... RC–C, Part I ........ M7.b .......................... RC–C, Part I ........ M8.a .......................... RC–C, Part I ........ M12 ........................... RC–L ................... 11.a ........................... RC–L ................... 11.b ........................... RC–N ................... M7 ............................. RC–N ................... M8 ............................. RC–N ................... M9.a .......................... RC–N ................... M9.b .......................... Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the calendar year-to-date. Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance. Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Amount included in Schedule RC–C, Part I, items 1 through 9. Total amount of closed-end loans with negative amortization features secured by 1–4 family residential properties. Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year (Columns A through C). Year-to-date merchant credit card sales volume: Sales for which the reporting bank is the acquiring bank. Year-to-date merchant credit card sales volume: Sales for which the reporting bank is the agent bank with risk. Additions to nonaccrual assets during the quarter. Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months’’. Nonaccrual assets sold during the quarter. Note: This caption would be revised to ‘‘Nonaccrual assets sold during the last 6 months’’. Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of Position 03–3): Outstanding balance (Columns A through C). Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of Position 03–3): Amount included in Schedule RC–N, items 1 through 7, above (Columns A through C). RCON1778 RCONC779 RCONC780 RCONF230 RCONGW45, RCONGW46, RCONGW47 RCONC223 RCONC224 RCONC410 RCONC411 RCONL183, RCONL184, RCONL185 RCONL186, RCONL187, RCONL188 ANNUAL REPORTING (DECEMBER 31) Item Item name RI–E ..................... 1.a through 1.l ........... Other noninterest income (from Schedule RI, item 5.l) ................ RI–E ..................... mstockstill on DSK30JT082PROD with NOTICES Schedule 2.a through 2.p .......... Other noninterest expense (from Schedule RI, item 7.d) ............. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00144 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RIADC013, RIADC014, RIADC016, RIAD4042, RIADC015, RIADF555, RIADT047, RIAD4461, RIAD4462, RIAD4463 RIADC017, RIAD0497, RIAD4136, RIADC018, RIAD8403, RIAD4141, RIAD4146, RIADF556, RIADF557, RIADF558, RIADF559, RIADY923, RIADY924, RIAD4464, RIAD4467, RIAD4468 29166 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS WITH AN INCREASE IN REPORTING THRESHOLD Schedule Item Item name MDRM No. To be completed by banks with components of other noninterest income in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 5.l RI–E ..................... 1.a through 1.l ........... Other noninterest income (from Schedule RI, item 5.l) ................ RIADC013, RIADC014, RIADC016, RIAD4042, RIADC015, RIADF555, RIADT047, RIAD4461, RIAD4462, RIAD4463 To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 7.d RI–E ..................... 2.a through 2.p .......... Other noninterest expense (from Schedule RI, item 7.d) ............. RIADC017, RIAD0497, RIAD4136, RIADC018, RIAD8403, RIAD4141, RIAD4146, RIADF556, RIADF557, RIADF558, RIADF559, RIADY923, RIADY924, RIAD4464, RIAD4467, RIAD4468 Appendix C FFIEC 041: To Be Completed by Banks With Domestic Offices Only and Consolidated Total Assets Less Than $100 Billion Data Items Removed, Other Impacts to Data Items, Reduction in Reporting Frequency, or Increase in Reporting Threshold DATA ITEMS REMOVED Schedule Item Item name ......................... ......................... ......................... ......................... ......................... ......................... M8.a .......................... M8.b .......................... M8.c ........................... M8.d .......................... M8.e .......................... M8.f.(1) ...................... RI ......................... M8.f.(2) ...................... RI ......................... M8.g.(1) ..................... RI ......................... M8.g.(2) ..................... RI ......................... M8.h .......................... RI–E ..................... 1.f .............................. RI–E ..................... RC ....................... 1.h ............................. 10.a ........................... RC ....................... 10.b ........................... RC–B ................... 2.a ............................. RC–B ................... 2.b ............................. RC–B ................... 5.b.(1) ........................ Trading revenue from interest rate exposures .............................. Trading revenue from foreign exchange exposures ..................... Trading revenue from equity security and index exposures ......... Trading revenue from commodity and other exposures ............... Trading revenue from credit exposures ........................................ Impact on trading revenue of changes in the creditworthiness of the bank’s derivatives counterparties on the bank’s derivative assets: Gross credit valuation adjustment (CVA). Impact on trading revenue of changes in the creditworthiness of the bank’s derivatives counterparties on the bank’s derivative assets: CVA hedge. Impact on trading revenue of changes in the creditworthiness of the bank on the bank’s derivative liabilities: Gross debit valuation adjustment (DVA). Impact on trading revenue of changes in the creditworthiness of the bank on the bank’s derivative liabilities: DVA hedge. Gross trading revenue before including positive or negative net CVA and net DVA. Net change in the fair values of financial instruments accounted for under a fair value option. Gains on bargain purchases ......................................................... Goodwill. Note: Schedule RC, item 10.a will be moved to Schedule RC–M, new item 2.b. Other intangible assets (from Schedule RC–M). Note: Items 10.a and 10.b of Schedule RC will be combined into one data item. U.S. Government agency obligations (exclude mortgage-backed securities): Issued by U.S. Government agencies (Columns A through D). U.S. Government agency obligations (exclude mortgage-backed securities): Issued by U.S. Government-sponsored agencies (Columns A through D). Note: Items 2.a and 2.b of Schedule RC–B will be combined into one data item (Columns A through D). Structured financial products: Cash (Columns A through D) ........ mstockstill on DSK30JT082PROD with NOTICES RI RI RI RI RI RI VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00145 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RIAD8757 RIAD8758 RIAD8759 RIAD8760 RIADF186 RIADFT36 RIADFT37 RIADFT38 RIADFT39 RIADFT40 RIADF229 RIADJ447 RCON3163 RCON0426 RCON1289, RCON1290, RCON1291, RCON1293 RCON1294, RCON1295, RCON1297, RCON1298 RCONG336, RCONG337, RCONG338, RCONG339 29167 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS REMOVED—Continued Item RC–B ................... 5.b.(2) ........................ Structured financial products: Synthetic (Columns A through D) RC–B ................... 5.b.(3) ........................ RC–D ................... RC–D ................... RC–D ................... 5.a.(1) ........................ 5.a.(2) ........................ 5.a.(3) ........................ RC–D ................... RC–D ................... RC–D ................... 6.a.(1) ........................ 6.a.(2) ........................ 6.a.(3)(a) .................... RC–D ................... 6.a.(3)(b)(1) ............... RC–D ................... 6.a.(3)(b)(2) ............... RC–D ................... RC–D ................... 6.a.(4) ........................ 6.a.(5) ........................ RC–D ................... 6.c.(1) ........................ RC–D ................... 6.c.(2) ........................ RC–D ................... 6.c.(3) ........................ RC–D ................... 6.c.(4) ........................ RC–D ................... M1.a.(1) ..................... RC–D ................... M1.a.(2) ..................... RC–D ................... M1.a.(3)(a) ................. RC–D ................... M1.a.(3)(b)(1) ............ RC–D ................... M1.a.(3)(b)(2) ............ RC–D ................... M1.a.(4) ..................... RC–D ................... M1.a.(5) ..................... RC–D ................... M1.c.(1) ..................... RC–D ................... mstockstill on DSK30JT082PROD with NOTICES Schedule M1.c.(2) ..................... RC–D ................... M1.c.(3) ..................... RC–D ................... M1.c.(4) ..................... Structured financial products: Hybrid (Columns A through D) ...... Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B will be combined into one data item. Structured financial products: Cash .............................................. Structured financial products: Synthetic ........................................ Structured financial products: Hybrid. Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D will be combined into one data item. Construction, land development, and other land loans ................ Loans secured by farmland ........................................................... Revolving, open-end loans secured by 1–4 family residential properties and extended under lines of credit. Closed-end loans secured by 1–4 family residential properties: Secured by first liens. Closed-end loans secured by 1–4 family residential properties: Secured by junior liens. Loans secured by multifamily (5 or more) residential properties .. Loans secured by nonfarm nonresidential properties. Note: Items 6.a.(1), 6.a.(2), 6.a.(3)(a), 6.a.(3)(b)(1), 6.a.(3)(b)(2), 6.a.(4), and 6.a.(5) of Schedule RC–D will be replaced by two data items: (1) Loans secured by 1–4 family residential properties, and (2) All other loans secured by real estate. Loans to individuals for household, family, and other personal expenditures: Credit cards. Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans. Loans to individuals for household, family, and other personal expenditures: Automobile loans. Loans to individuals for household, family, and other personal expenditures: Other consumer loans. Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule RC–D will be combined into one data item. Unpaid principal balance of loans measured at fair value: Construction, land development, and other land loans. Unpaid principal balance of loans measured at fair value: Loans secured by farmland. Unpaid principal balance of loans measured at fair value: Revolving, open-end loans secured by 1–4 family residential properties and extended under lines of credit. Unpaid principal balance of loans measured at fair value: Closed-end loans secured by 1–4 family residential properties: Secured by first liens. Unpaid principal balance of loans measured at fair value: Closed-end loans secured by 1–4 family residential properties: Secured by junior liens. Unpaid principal balance of loans measured at fair value: Loans secured by multifamily (5 or more) residential properties. Unpaid principal balance of loans measured at fair value: Loans secured by nonfarm nonresidential properties. Note: Items M1.a.(1), M1.a.(2), M1.a.(3)(a), M1.a.(3)(b)(1), M1.a.(3)(b)(2), M1.a.(4), and M1.a.(5) of Schedule RC–D will be replaced by two data items: (1) Unpaid principal balance of loans measured at fair value: Loans secured by 1–4 family residential properties, and (2) Unpaid principal balance of loans measured at fair value: All other loans secured by real estate. Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Credit cards. Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans. Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Automobile loans. Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Other consumer loans. Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of Schedule RC–D will be combined into one data item. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 Item name PO 00000 Frm 00146 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RCONG340, RCONG341, RCONG342, RCONG343 RCONG344, RCONG345, RCONG346, RCONG347 RCONG383 RCONG384 RCONG385 RCONF604 RCONF605 RCONF606 RCONF607 RCONF611 RCONF612 RCONF613 RCONF615 RCONF616 RCONK199 RCONK210 RCONF625 RCONF626 RCONF627 RCONF628 RCONF629 RCONF630 RCONF631 RCONF633 RCONF634 RCONK200 RCONK211 29168 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS REMOVED—Continued Item Item name RC–D ................... M2.a .......................... RC–D ................... M2.b .......................... RC–D ................... M3.a .......................... RC–D ................... M3.b .......................... RC–D ................... M3.c ........................... RC–D ................... M3.d .......................... RC–D ................... M3.e .......................... RC–D ................... M3.f ........................... RC–D ................... M3.g .......................... RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D ................... ................... ................... ................... ................... ................... ................... ................... ................... ................... ................... ................... ................... M4.a .......................... M4.b .......................... M5.a .......................... M5.b .......................... M5.c ........................... M5.d .......................... M5.e .......................... M5.f ........................... M6 ............................. M7.a .......................... M7.b .......................... M8 ............................. M9 ............................. Loans measured at fair value that are past due 90 days or more: Fair value. Loans measured at fair value that are past due 90 days or more: Unpaid principal balance. Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions. Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real estate investment trusts. Structured financial products by underlying collateral or reference assets: Corporate and similar loans. Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises (GSEs). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or guaranteed by GSEs. Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products. Structured financial products by underlying collateral or reference assets: Other collateral or reference assets. Pledged trading assets: Pledged securities .................................. Pledged trading assets: Pledged loans ......................................... Asset-backed securities: Credit card receivables ......................... Asset-backed securities: Home equity lines ................................. Asset-backed securities: Automobile loans ................................... Asset-backed securities: Other consumer loans ........................... Asset-backed securities: Commercial and industrial loans ........... Asset-backed securities: Other ..................................................... Retained beneficial interests in securitizations ............................. Equity securities: Readily determinable fair values ...................... Equity securities: Other ................................................................. Loans pending securitization ......................................................... Other trading assets ...................................................................... RC–D ................... M10 ........................... Other trading liabilities ................................................................... RC–L ................... 1.a.(1) ........................ RC–L ................... 1.a.(2) ........................ RC–L ................... RC–L ................... 8 ................................ 16.a ........................... RC–L ................... 16.b.(1) ...................... RC–L ................... 16.b.(2) ...................... RC–L ................... 16.b.(3) ...................... RC–L ................... 16.b.(4) ...................... RC–L ................... mstockstill on DSK30JT082PROD with NOTICES Schedule 16.b.(5) ...................... Unused commitments for Home Equity Conversion Mortgage (HECM) reverse mortgages outstanding that are held for investment. Unused commitments for proprietary reverse mortgages outstanding that are held for investment. Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L will be combined into one data item. Spot foreign exchange contracts ................................................... Over-the-counter derivatives: Net current credit exposure (Columns B, C, and D). Over-the-counter derivatives: Fair value of collateral: Cash— U.S. dollar (Columns B, C, and D). Over-the-counter derivatives: Fair value of collateral: Cash— Other currencies (Columns B, C, and D). Over-the-counter derivatives: Fair value of collateral: U.S. Treasury securities (Columns B, C, and D). Over-the-counter derivatives: Fair value of collateral: U.S. Government agency and U.S. Government-sponsored agency debt securities (Columns A, B, C, D, and E). Over-the-counter derivatives: Fair value of collateral: Corporate bonds (Columns A, B, C, D, and E). RC–L ................... 16.b.(6) ...................... Over-the-counter derivatives: Fair value of collateral: Equity securities (Columns A, B, C, D, and E). RC–L ................... 16.b.(7) ...................... Over-the-counter derivatives: Fair value of collateral: All other collateral (Columns B, C, and D). Note: Amounts reported in items 16.b.(4), 16.b.(5), and 16.b.(6), Columns A and E, will be included in item 16.b.(7), Columns A and E. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00147 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RCONF639 RCONF640 RCONG299 RCONG332 RCONG333 RCONG334 RCONG335 RCONG651 RCONG652 RCONG387 RCONG388 RCONF643 RCONF644 RCONF645 RCONF646 RCONF647 RCONF648 RCONF651 RCONF652 RCONF653 RCONF654 RCONF655, RCONF656, RCONF657 RCONF658, RCONF659, RCONF660 RCONJ477 RCONJ478 RCON8765 RCONG419, RCONG420, RCONG421 RCONG424, RCONG425, RCONG426 RCONG429, RCONG430, RCONG431 RCONG434, RCONG435, RCONG436 RCONG438, RCONG439, RCONG440, RCONG441, RCONG442 RCONG443, RCONG444, RCONG445, RCONG446, RCONG447 RCONG448, RCONG449, RCONG450, RCONG451, RCONG452 RCONG454, RCONG455, RCONG456 29169 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS REMOVED—Continued Schedule Item Item name MDRM No. RC–L ................... 16.b.(8) ...................... RC–M .................. 2.b ............................. RC–M .................. 3.f .............................. Over-the-counter derivatives: Fair value of collateral: Total fair value of collateral (Columns B, C, and D). Note: Amounts reported in items 16.a, 16.b.(1), 16.b.(2), 16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), and 16.b.(7), Columns B, C, and D, will be included in items 16.a, 16.b.(1), 16.b.(2), 16.b.(3), and 16.b.(7), Column E. Purchased credit card relationships and nonmortgage servicing assets. Note: Amounts reported in item 2.b will be included in item 2.c, All other identifiable intangible assets. Foreclosed properties from ‘‘GNMA loans.’’ Note: Amounts reported in item 3.f will be included in item 3.c, Other real estate owned: 1–4 family residential properties. RCONG459, RCONG460, RCONG461 RCONB026 RCONC979 OTHER IMPACTS TO DATA ITEMS Item Item name RC ....................... 10 (New) .................... RC–B ................... 2 (New) ...................... RC–B ................... 5.b (New) ................... RC–D ................... 5.a (New) ................... RC–D ................... 6.a.(1) (New) ............. RC–D ................... 6.a.(2) (New) ............. RC–D ................... 6.c (New) ................... RC–D ................... M1.a.(1) (New) .......... RC–D ................... M1.a.(2) (New) .......... RC–D ................... M1.c (New) ................ RC–L ................... 1.a.(1) (New) ............. RC–M .................. mstockstill on DSK30JT082PROD with NOTICES Schedule MDRM No. 2.b (Re-mapping) ...... Intangible assets. Note: Items 10.a and 10.b of Schedule RC will be combined into this data item. U.S. Government agency obligations (exclude mortgage-backed securities (Columns A through D). Note: Items 2.a and 2.b of Schedule RC–B removed above will be combined into this data item (Columns A through D). Structured financial products (Columns A through D). Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B removed above will be combined into this data item (Columns A through D). Structured financial products. Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D removed above will be combined into this data item. Loans secured by 1–4 family residential properties. Note: Items 6.a.(3)(a), 6.a.(3)(b)(1), and 6.a.(3)(b)(2) of Schedule RC–D removed above will be combined into this data item. All other loans secured by real estate. Note: Items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) of Schedule RC–D removed above will be combined into this data item. Loans to individuals for household, family and other personal expenditures (i.e., consumer loans) (includes purchased paper). Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule RC–D removed above will be combined into this data item. Unpaid principal balance of loans measured at fair value: Loans secured by 1–4 family residential properties. Note: Items M1.a.(3)(a), M1.a.(3)(b)(1), and M1.a.(3)(b)(2) of Schedule RC–D removed above will be combined into this data item. Unpaid principal balance of loans measured at fair value: All other loans secured by real estate. Note: Items M1.a.(1), M1.a.(2), M1.a.(4), and M1.a.(5) of Schedule RC–D removed above will be combined into this data item. Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures. Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of Schedule RC–D removed above will be combined into this data item. Unused commitments for reverse mortgages outstanding that are held for investment. Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L removed above will be combined into this data item. Goodwill. Note: Schedule RC, item 10.a will be moved to Schedule RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M, item 2. RCON2143 To be determined (TBD) (4 MDRMs) TBD (4 MDRMs) TBD TBD TBD TBD TBD TBD TBD TBD RCON3163 DATA ITEMS WITH A REDUCTION IN FREQUENCY OF COLLECTION SEMIANNUAL REPORTING (JUNE 30 AND DECEMBER 31) Schedule Item RI ......................... M12 ........................... VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 Item name MDRM No. Noncash income from negative amortization on closed-end loans secured by 1–4 family residential properties. PO 00000 Frm 00148 Fmt 4703 Sfmt 4703 E:\FR\FM\27JNN1.SGM RIADF228 27JNN1 29170 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS WITH A REDUCTION IN FREQUENCY OF COLLECTION—Continued SEMIANNUAL REPORTING (JUNE 30 AND DECEMBER 31) Schedule Item Item name MDRM No. RC–B ................... M3 ............................. RC–C, Part I ........ M7.a .......................... RC–C, Part I ........ M7.b .......................... RC–C, Part I ........ M8.a .......................... RC–C, Part I ........ M8.b .......................... RC–C, Part I ........ M8.c ........................... RC–C, Part I ........ M12.a ........................ RC–C, Part I ........ M12.b ........................ RC–C, Part I ........ M12.c ......................... RC–C, Part I ........ M12.d ........................ RC–L ................... RC–L ................... RC–L ................... 1.b.(1) ........................ 1.b.(2) ........................ 11.a ........................... RC–L ................... 11.b ........................... RC–N ................... M7 ............................. RC–N ................... M8 ............................. RC–N ................... M9.a .......................... RC–N ................... M9.b .......................... Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the calendar year-to-date. Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance. Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Amount included in Schedule RC–C, Part I, items 1 through 9. Total amount of closed-end loans with negative amortization features secured by 1–4 family residential properties. Total maximum remaining amount of negative amortization contractually permitted on closed-end loans secured by 1–4 family residential properties. Total amount of negative amortization on closed-end loans secured by 1–4 family residential properties included in the amount reported in Memorandum item 8.a above. Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: Loans secured by real estate (Columns A through C). Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: Commercial and industrial loans (Columns A through C). Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: Loans to individuals for household, family, and other personal expenditures (Columns A through C). Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: All other loans and all leases (Columns A through C). Unused consumer credit card lines ............................................... Other unused credit card lines ...................................................... Year-to-date merchant credit card sales volume: Sales for which the reporting bank is the acquiring bank. Year-to-date merchant credit card sales volume: Sales for which the reporting bank is the agent bank with risk. Additions to nonaccrual assets during the quarter. Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months.’’. Nonaccrual assets sold during the quarter. Note: This caption would be revised to ’’Nonaccrual assets sold during the last 6 months’’. Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of Position 03–3): Outstanding balance (Columns A through C). Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of Position 03–3): Amount included in Schedule RC–N, items 1 through 7, above (Columns A through C). RCON1778 RCONC779 RCONC780 RCONF230 RCONF231 RCONF232 RCONG091, RCONG092, RCONG093 RCONG094, RCONG095, RCONG096 RCONG097, RCONG098, RCONG099 RCONG100, RCONG101, RCONG102 RCONJ455 RCONJ456 RCONC223 RCONC224 RCONC410 RCONC411 RCONL183, RCONL184, RCONL185 RCONL186, RCONL187, RCONL188 mstockstill on DSK30JT082PROD with NOTICES ANNUAL REPORTING (DECEMBER) Schedule Item Item name RC–M .................. 9 ................................ RC–M .................. RC–M .................. 14.a ........................... 14.b ........................... Do any of the bank’s Internet websites have transactional capability, i.e., allow the bank’s customers to execute transactions on their accounts through the website? Total assets of captive insurance subsidiaries ............................. Total assets of captive reinsurance subsidiaries .......................... VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00149 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RCON4088 RCONK193 RCONK194 29171 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS WITH AN INCREASE IN REPORTING THRESHOLD [Schedule RC–D is to be completed by banks that reported total trading assets of $10 million or more in any of the four preceding calendar quarters and all banks meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes.] Schedule Item Item name MDRM No. To be completed by banks with $10 billion or more in total assets RC–B ................... M5.a .......................... RC–B ................... M5.b .......................... RC–B ................... M5.c ........................... RC–B ................... M5.d .......................... RC–B ................... M5.e .......................... RC–B ................... M5.f ........................... RC–B ................... M6.a .......................... RC–B ................... M6.b .......................... RC–B ................... M6.c ........................... RC–B ................... M6.d .......................... RC–B ................... M6.e .......................... RC–B ................... M6.f ........................... RC–B ................... M6.g .......................... Asset-backed securities: Credit card receivables (Columns A, B, C, and D). Asset-backed securities: Home equity lines (Columns A, B, C, and D). Asset-backed securities: Automobile loans (Columns A, B, C, and D). Asset-backed securities: Other consumer loans (Columns A, B, C, and D). Asset-backed securities: Commercial and industrial loans (Columns A, B, C, and D). Asset-backed securities: Other (Columns A, B, C, and D) ........... Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D). Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real estate investment trusts (Columns A through D). Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A through D). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises (GSEs) (Columns A through D). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or guaranteed by GSEs (Columns A through D). Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D). Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D). RCONB838, RCONB839, RCONB840, RCONB841 RCONB842, RCONB843, RCONB844, RCONB845 RCONB846, RCONB847, RCONB848, RCONB849 RCONB850, RCONB851, RCONB852, RCONB853 RCONB854, RCONB855, RCONB856, RCONB857 RCONB858, RCONB859, RCONB860, RCONB861 RCONG348, RCONG349, RCONG350, RCONG351 RCONG352, RCONG353, RCONG354, RCONG355 RCONG356, RCONG357, RCONG358, RCONG359 RCONG360, RCONG361, RCONG362, RCONG363 RCONG364, RCONG365, RCONG366, RCONG367 RCONG368, RCONG369, RCONG370, RCONG371 RCONG372, RCONG373, RCONG374, RCONG375 To be completed by banks with components of other noninterest income in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 5.l RI–E ..................... 1.a through 1.l ........... Other noninterest income (from Schedule RI, item 5.l) ................ RIADC013, RIADC014, RIADC016, RIAD4042, RIADC015, RIADF555, RIADT047, RIAD4461, RIAD4462, RIAD4463 To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 7.d RI–E ..................... 2.a through 2.p .......... Other noninterest expense (from Schedule RI, item 7.d) ............. RIADC017, RIAD0497, RIAD4136, RIADC018, RIAD8403, RIAD4141, RIAD4146, RIADF556, RIADF557, RIADF558, RIADF559, RIADY923, RIADY924, RIAD4464, RIAD4467, RIAD4468 mstockstill on DSK30JT082PROD with NOTICES To be completed by banks with total trading assets of $10 million or more in any of the four preceding calendar quarters and all banks meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes. RC–K ................... VerDate Sep<11>2014 7 ................................ 18:33 Jun 26, 2017 Jkt 241001 Trading assets ............................................................................... PO 00000 Frm 00150 Fmt 4703 Sfmt 4703 E:\FR\FM\27JNN1.SGM 27JNN1 RCON3401 29172 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices Appendix D FFIEC 031: To Be Completed by Banks With Domestic and Foreign Offices and Banks With Domestic Offices Only and Consolidated Total Assets of $100 Billion or More Data Items Removed, Other Impacts to Data Items, Reduction in Reporting Frequency, or Increase in Reporting Threshold DATA ITEMS REMOVED Item Item name RI–E ..................... 1.f .............................. RI–E ..................... RC ....................... 1.h ............................. 10.a ........................... RC ....................... 10.b ........................... RC–B ................... 2.a ............................. RC–B ................... 2.b ............................. RC–B ................... 5.b.(1) ........................ Net change in the fair values of financial instruments accounted for under a fair value option. Gains on bargain purchases ......................................................... Goodwill. Note: Schedule RC, item 10.a will be moved to Schedule RC–M, new item 2.b. Other intangible assets. Note: Items 10.a and 10.b of Schedule RC will be combined into one data item. U.S. Government agency obligations (exclude mortgage-backed securities): Issued by U.S. Government agencies (Columns A through D). U.S. Government agency obligations (exclude mortgage-backed securities): Issued by U.S. Government-sponsored agencies (Columns A through D). Note: Items 2.a and 2.b of Schedule RC–B will be combined into one data item. Structured financial products: Cash (Columns A through D) ........ RC–B ................... 5.b.(2) ........................ Structured financial products: Synthetic (Columns A through D) RC–B ................... 5.b.(3) ........................ RC–D ................... mstockstill on DSK30JT082PROD with NOTICES Schedule All data items reported in Column B, ‘‘Domestic offices’’. Structured financial products: Hybrid (Columns A through D). Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B will be combined into one data item. Column B, ‘‘Domestic offices.’’ Note: Data items 6.a.(1) through 6.a.(5), Column B, will be combined into two data items to be collected for the consolidated bank in Column A, which will replace data item 6.a, Column A. In addition, data items M1.a.(1) through M1.a.(5), Column B, will be combined into two data items to be collected for the consolidated bank in Column A, which will replace data item M.1.a, Column A. Data items 12 and 15, Column B, will be moved to Schedule RC– H, new items 19 and 20. Data items 6.a.(1) through 6.d, Column B, will be combined into one data item and moved to Schedule RC–H, new item 21. RC–D ................... RC–D ................... RC–D ................... 5.a.(1) ........................ 5.a.(2) ........................ 5.a.(3) ........................ RC–D ................... RC–D ................... 6.a ............................. 6.c.(1) ........................ RC–D ................... 6.c.(2) ........................ VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 MDRM No. Structured financial products: Cash (Column A) ........................... Structured financial products: Synthetic (Column A) .................... Structured financial products: Hybrid (Column A). Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D, Column A, will be combined into one data item. Loans secured by real estate (Column A) .................................... Loans to individuals for household, family, and other personal expenditures: Credit cards (Column A). Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans (Column A). PO 00000 Frm 00151 Fmt 4703 Sfmt 4703 E:\FR\FM\27JNN1.SGM 27JNN1 RIADF229 RIADJ447 RCFD3163 RCFD0426 RCFD1289, RCFD1290, RCFD1291, RCFD1293 RCFD1294, RCFD1295, RCFD1297, RCFD1298 RCFDG336, RCFDG337, RCFDG338, RCFDG339 RCFDG340, RCFDG341, RCFDG342, RCFDG343 RCFDG344, RCFDG345, RCFDG346, RCFDG347 RCON3531, RCON3532, RCON3533, RCONG379, RCONG380, RCONG381, RCONK197, RCONK198, RCONG383, RCONG384, RCONG385, RCONG386, RCONF604, RCONF605, RCONF606, RCONF607, RCONF611, RCONF612, RCONF613, RCONF614, RCONF615, RCONF616, RCONK199, RCONK210, RCONF618, RCON3541, RCON3543, RCON3545, RCON3546, RCONF624, RCON3547, RCON3548, RCONF625, RCONF626, RCONF627, RCONF628, RCONF629, RCONF630, RCONF631, RCONF632, RCONF633, RCONF634, RCONK200, RCONK211, RCONF636, RCONF639, RCONF640, RCONG299, RCONG332, RCONG333, RCONG334, RCONG335, RCONG651, RCONG652, RCONG387, RCONG388 RCFDG383 RCFDG384 RCFDG385 RCFDF610 RCFDF615 RCFDF616 29173 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS REMOVED—Continued Schedule Item Item name MDRM No. RC–D ................... 6.c.(3) ........................ RC–D ................... 6.c.(4) ........................ RC–D ................... M1.a .......................... RC–D ................... M1.c.(1) ..................... RC–D ................... M1.c.(2) ..................... RC–D ................... M1.c.(3) ..................... RC–D ................... M1.c.(4) ..................... RC–D ................... RC–L ................... M6 ............................. 1.a.(1) ........................ RC–L ................... 1.a.(2) ........................ RC–L ................... 16.a ........................... RC–L ................... 16.b.(1) ...................... RC–L ................... 16.b.(2) ...................... RC–L ................... 16.b.(3) ...................... RC–L ................... 16.b.(4) ...................... RC–L ................... 16.b.(5) ...................... RC–L ................... 16.b.(6) ...................... RC–L ................... 16.b.(7) ...................... RC–L ................... 16.b.(8) ...................... RC–M .................. 2.b ............................. RC–M .................. 3.f .............................. Loans to individuals for household, family, and other personal expenditures: Automobile loans (Column A). Loans to individuals for household, family, and other personal expenditures: Other consumer loans. Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule RC–D, Column A, will be combined into one data item. Unpaid principal balance of loans measured at fair value: Loans secured by real estate (Column A). Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Credit cards (Column A). Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Other revolving credit plans (Column A). Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Automobile loans (Column A). Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures: Other consumer loans (Column A). Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of Schedule RC–D, Column A, will be combined into one data item. Retained beneficial interests in securitizations ............................. Unused commitments for Home Equity Conversion Mortgage (HECM) reverse mortgages outstanding that are held for investment. Unused commitments for proprietary reverse mortgages outstanding that are held for investment. Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L will be combined into one data item. Over-the-counter derivatives: Net current credit exposure (Column B). Over-the-counter derivatives: Fair value of collateral: Cash— U.S. dollar (Column B). Over-the-counter derivatives: Fair value of collateral: Cash— Other currencies (Column B). Over-the-counter derivatives: Fair value of collateral: U.S. Treasury securities (Column B). Over-the-counter derivatives: Fair value of collateral: U.S. Government agency and U.S. Government-sponsored agency debt securities (Column B). Over-the-counter derivatives: Fair value of collateral: Corporate bonds (Column B). Over-the-counter derivatives: Fair value of collateral: Equity securities (Column B). Over-the-counter derivatives: Fair value of collateral: All other collateral (Column B). Over-the-counter derivatives: Fair value of collateral: Total fair value of collateral (Column B). Note: Amounts reported in items 16.a, 16.b.(1), 16.b.(2), 16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), 16.b.(7), and 16.b.(8), Column B, will be included in items 16.a, 16.b.(1), 16.b.(2), 16.b.(3), 16.b.(4), 16.b.(5), 16.b.(6), 16.b.(7), and 16.b.(8), Column E. Purchased credit card relationships and nonmortgage servicing assets. Note: Amounts reported in item 2.b will be included in item 2.c, All other identifiable intangible assets. Foreclosed properties from ‘‘GNMA loans.’’ Note: Amounts reported in item 3.f will be included in item 3.c, Other real estate owned: 1–4 family residential properties. RCFDK199 RCFDK210 RCFDF790 RCFDF633 RCFDF634 RCFDK200 RCFDK211 RCFDF651 RCONJ477 RCONJ478 RCFDG419 RCFDG424 RCFDG429 RCFDG434 RCFDG439 RCFDG444 RCFDG449 RCFDG454 RCFDG459 RCFDB026 RCONC979 mstockstill on DSK30JT082PROD with NOTICES OTHER IMPACTS TO DATA ITEMS Schedule Item Item name RC ....................... 10 (New) .................... RC–B ................... 2 (New) ...................... Intangible assets. Note: Items 10.a and 10.b of Schedule RC will be combined into this data item. U.S. Government agency obligations (exclude mortgage-backed securities (Columns A through D). Note: Items 2.a and 2.b of Schedule RC–B removed above will be combined into this data item (Columns A through D). VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00152 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RCFD2143 To be determined (TBD) (4 MDRMs) 29174 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices OTHER IMPACTS TO DATA ITEMS—Continued Schedule Item Item name MDRM No. RC–B ................... 5.b (New) ................... RC–D ................... 5.a (New) ................... RC–D ................... 6.a.(1) (New) ............. RC–D ................... 6.a.(2) (New) ............. RC–D ................... 6.c (New) ................... RC–D ................... M1.a.(1) (New) .......... RC–D ................... M1.a.(2) (New) .......... RC–D ................... M1.c (New) ................ RC–H ................... 19 (Re-mapping) ....... RC–H ................... 20 (Re-mapping) ....... RC–H ................... 21 (New) .................... RC–L ................... 1.a (New) ................... RC–M .................. 2.b (Re-mapping) ...... Structured financial products (Columns A through D). Note: Items 5.b.(1), 5.b.(2), and 5.b.(3) of Schedule RC–B removed above will be combined into this data item (Columns A through D). Structured financial products. Note: Items 5.a.(1), 5.a.(2), and 5.a.(3) of Schedule RC–D, Column A, removed above will be combined into this data item. Loans secured by 1–4 family residential properties. Note: Items 6.a.(3)(a), 6.a.(3)(b)(1), and 6.a.(3)(b)(2) of Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item 6.a, Column A. All other loans secured by real estate. Note: Items 6.a.(1), 6.a.(2), 6.a.(4), and 6.a.(5) of Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item 6.a, Column A. Loans to individuals for household, family and other personal expenditures (i.e., consumer loans) (includes purchased paper). Note: Items 6.c.(1), 6.c.(2), 6.c.(3), and 6.c.(4) of Schedule RC–D removed above will be combined into this data item. Unpaid principal balance of loans measured at fair value: Loans secured by 1–4 family residential properties. Note: Items M1.a.(3)(a), M1.a.(3)(b)(1), and M1.a.(3)(b)(2) of Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item M.1.a, Column A. Unpaid principal balance of loans measured at fair value: All other loans secured by real estate. Note: Items M1.a.(1), M1.a.(2), M1.a.(4), and M1.a.(5) of Schedule RC–D, Column B, removed above will be combined into this data item for the consolidated bank in Column A, which will partially replace item M.1.a, Column A. Unpaid principal balance of loans measured at fair value: Loans to individuals for household, family, and other personal expenditures (i.e., consumer loans) (includes purchased paper). Note: Items M1.c.(1), M1.c.(2), M1.c.(3), and M1.c.(4) of Schedule RC–D, Column A, removed above will be combined into this data item. Total trading assets. Note: Schedule RC–D, item 12, Column B, will be moved to Schedule RC–H, item 19. The proposed threshold change applicable to Schedule RC–D applies to this item. Total trading liabilities. Note: Schedule RC–D, item 15, Column B, will be moved to Schedule RC–H, item 20. The proposed threshold change applicable to Schedule RC–D applies to this item. Total loans held for trading. Note: The proposed threshold change applicable to Schedule RC–D applies to this item. Unused commitments for reverse mortgages outstanding that are held for investment. Note: Items 1.a.(1) and 1.a.(2) of Schedule RC–L removed above will be combined into this data item. Goodwill. Note: Schedule RC, item 10.a will be moved to Schedule RC–M, new item 2.b., and the phrase ‘‘other than goodwill’’ will be removed from the caption for Schedule RC–M, item 2. TBD (4 MDRMs) TBD TBD TBD TBD TBD TBD TBD RCON3545 RCON3548 TBD TBD RCFD3163 mstockstill on DSK30JT082PROD with NOTICES DATA ITEMS WITH A REDUCTION IN FREQUENCY OF COLLECTION SEMIANNUAL REPORTING (JUNE 30 AND DECEMBER 31) Schedule Item RI ......................... M12 ........................... RC–B ................... M3 ............................. VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 Item name MDRM No. Noncash income from negative amortization on closed-end loans secured by 1–4 family residential properties. Amortized cost of held-to-maturity securities sold or transferred to available-for-sale or trading securities during the calendar year-to-date. PO 00000 Frm 00153 Fmt 4703 Sfmt 4703 E:\FR\FM\27JNN1.SGM 27JNN1 RIADF228 RCFD1778 29175 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS WITH A REDUCTION IN FREQUENCY OF COLLECTION—Continued SEMIANNUAL REPORTING (JUNE 30 AND DECEMBER 31) Schedule Item Item name MDRM No. RC–C, Part I ........ M7.a .......................... RC–C, Part I ........ M7.b .......................... RC–C, Part I ........ M8.a .......................... RC–C, Part I ........ M8.b .......................... RC–C, Part I ........ M8.c ........................... RC–C, Part I ........ M12.a ........................ RC–C, Part I ........ M12.b ........................ RC–C, Part I ........ M12.c ......................... RC–C, Part I ........ M12.d ........................ RC–L ................... RC–L ................... RC–L ................... 1.b.(1) ........................ 1.b.(2) ........................ 11.a ........................... RC–L ................... 11.b ........................... RC–N ................... M7 ............................. RC–N ................... M8 ............................. RC–N ................... M9.a .......................... RC–N ................... M9.b .......................... Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Outstanding balance. Purchased credit-impaired loans held for investment accounted for in accordance with FASB ASC 310–30: Amount included in Schedule RC–C, Part I, items 1 through 9. Total amount of closed-end loans with negative amortization features secured by 1–4 family residential properties. Total maximum remaining amount of negative amortization contractually permitted on closed-end loans secured by 1–4 family residential properties. Total amount of negative amortization on closed-end loans secured by 1–4 family residential properties included in the amount reported in Memorandum item 8.a above. Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: Loans secured by real estate (Columns A through C). Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: Commercial and industrial loans (Columns A through C). Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: Loans to individuals for household, family, and other personal expenditures (Columns A through C). Loans (not subject to the requirements of FASB ASC 310–30 (former AICPA Statement of Position 03–3)) and leases held for investment that were acquired in business combinations with acquisition dates in the current calendar year: All other loans and all leases (Columns A through C). Unused consumer credit card lines ............................................... Other unused credit card lines ...................................................... Year-to-date merchant credit card sales volume: Sales for which the reporting bank is the acquiring bank. Year-to-date merchant credit card sales volume: Sales for which the reporting bank is the agent bank with risk. Additions to nonaccrual assets during the quarter. Note: This caption would be revised to ‘‘Additions to nonaccrual assets during the last 6 months.’’ Nonaccrual assets sold during the quarter. Note: This caption would be revised to ‘‘Nonaccrual assets sold during the last 6 months.’’ Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of Position 03–3): Outstanding balance (Columns A through C). Purchased credit-impaired loans accounted for in accordance with FASB ASC 310–30 (former AICPA Statement of Position 03–3): Amount included in Schedule RC–N, items 1 through 7, above (Columns A through C). RCFDC779 RCFDC780 RCONF230 RCONF231 RCONF232 RCFDG091, RCFDG092, RCFDG093 RCFDG094, RCFDG095, RCFDG096 RCFDG097, RCFDG098, RCFDG099 RCFDG100, RCFDG101, RCFDG102 RCFDJ455 RCFDJ456 RCFDC223 RCFDC224 RCFDC410 RCFDC411 RCFDL183, RCFDL184, RCFDL185 RCFDL186, RCFDL187, RCFDL188 ANNUAL REPORTING (DECEMBER) mstockstill on DSK30JT082PROD with NOTICES Schedule Item Item name RC–M .................. 9 ................................ RC–M .................. RC–M .................. 14.a ........................... 14.b ........................... Do any of the bank’s Internet websites have transactional capability, i.e., allow the bank’s customers to execute transactions on their accounts through the website? Total assets of captive insurance subsidiaries ............................. Total assets of captive reinsurance subsidiaries .......................... VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 PO 00000 Frm 00154 Fmt 4703 Sfmt 4703 MDRM No. E:\FR\FM\27JNN1.SGM 27JNN1 RCFD4088 RCFDK193 RCFDK194 29176 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS WITH AN INCREASE IN REPORTING THRESHOLD [Schedule RI–D is to be completed by banks with foreign offices (including Edge or Agreement subsidiaries and IBFs) and $10 billion or more in total assets where foreign office revenues, assets, or net income exceed 10 percent of consolidated total revenues, total assets, or net income.] [Schedule RC–D is to be completed by banks that reported total trading assets of $10 million or more in any of the four preceding calendar quarters and all banks meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes.] Schedule Item Item name MDRM No. To be completed by banks with $10 billion or more in total assets RC–B ................... M5.a .......................... RC–B ................... M5.b .......................... RC–B ................... M5.c ........................... RC–B ................... M5.d .......................... RC–B ................... M5.e .......................... RC–B ................... M5.f ........................... RC–B ................... M6.a .......................... RC–B ................... M6.b .......................... RC–B ................... M6.c ........................... RC–B ................... M6.d .......................... RC–B ................... M6.e .......................... RC–B ................... M6.f ........................... RC–B ................... M6.g .......................... Asset-backed securities: Credit card receivables (Columns A, B, C, and D). Asset-backed securities: Home equity lines (Columns A, B, C, and D). Asset-backed securities: Automobile loans (Columns A, B, C, and D). Asset-backed securities: Other consumer loans (Columns A, B, C, and D). Asset-backed securities: Commercial and industrial loans (Columns A, B, C, and D). Asset-backed securities: Other (Columns A, B, C, and D) ........... Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Columns A through D). Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real estate investment trusts (Columns A through D). Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Columns A through D). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises (GSEs) (Columns A through D). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or guaranteed by GSEs (Columns A through D). Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Columns A through D). Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Columns A through D). RCFDB838, RCFDB839, RCFDB840, RCFDB841 RCFDB842, RCFDB843, RCFDB844, RCFDB845 RCFDB846, RCFDB847, RCFDB848, RCFDB849 RCFDB850, RCFDB851, RCFDB852, RCFDB853 RCFDB854, RCFDB855, RCFDB856, RCFDB857 RCFDB858, RCFDB859, RCFDB860, RCFDB861 RCFDG348, RCFDG349, RCFDG350, RCFDG351 RCFDG352, RCFDG353, RCFDG354, RCFDG355 RCFDG356, RCFDG357, RCFDG358, RCFDG359 RCFDG360, RCFDG361, RCFDG362, RCFDG363 RCFDG364, RCFDG365, RCFDG366, RCFDG367 RCFDG368, RCFDG369, RCFDG370, RCFDG371 RCFDG372, RCFDG373, RCFDG374, RCFDG375 To be completed by banks with $10 billion or more in total trading assets M2.a .......................... RC–D ................... M2.b .......................... RC–D ................... M3.a .......................... RC–D ................... M3.b .......................... RC–D ................... M3.c ........................... RC–D ................... M3.d .......................... RC–D ................... M3.e .......................... RC–D ................... mstockstill on DSK30JT082PROD with NOTICES RC–D ................... M3.f ........................... RC–D ................... M3.g .......................... RC–D RC–D RC–D RC–D M4.a M4.b M5.a M5.b ................... ................... ................... ................... VerDate Sep<11>2014 .......................... .......................... .......................... .......................... 18:33 Jun 26, 2017 Jkt 241001 Loans measured at fair value that are past due 90 days or more: Fair value (Column A). Loans measured at fair value that are past due 90 days or more: Unpaid principal balance (Column A). Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by financial institutions (Column A). Structured financial products by underlying collateral or reference assets: Trust preferred securities issued by real estate investment trusts (Column A). Structured financial products by underlying collateral or reference assets: Corporate and similar loans (Column A). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS issued or guaranteed by U.S. Government-sponsored enterprises (GSEs) (Column A). Structured financial products by underlying collateral or reference assets: 1–4 family residential MBS not issued or guaranteed by GSEs (Column A). Structured financial products by underlying collateral or reference assets: Diversified (mixed) pools of structured financial products (Column A). Structured financial products by underlying collateral or reference assets: Other collateral or reference assets (Column A). Pledged trading assets: Pledged securities (Column A) .............. Pledged trading assets: Pledged loans (Column A) ..................... Asset-backed securities: Credit card receivables ......................... Asset-backed securities: Home equity lines ................................. PO 00000 Frm 00155 Fmt 4703 Sfmt 4703 E:\FR\FM\27JNN1.SGM 27JNN1 RCFDF639 RCFDF640 RCFDG299 RCFDG332 RCFDG333 RCFDG334 RCFDG335 RCFDG651 RCFDG652 RCFDG387 RCFDG388 RCFDF643 RCFDF644 29177 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS WITH AN INCREASE IN REPORTING THRESHOLD—Continued [Schedule RI–D is to be completed by banks with foreign offices (including Edge or Agreement subsidiaries and IBFs) and $10 billion or more in total assets where foreign office revenues, assets, or net income exceed 10 percent of consolidated total revenues, total assets, or net income.] [Schedule RC–D is to be completed by banks that reported total trading assets of $10 million or more in any of the four preceding calendar quarters and all banks meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes.] Schedule Item Item name ................... ................... ................... ................... ................... ................... ................... ................... M5.c ........................... M5.d .......................... M5.e .......................... M5.f ........................... M7.a .......................... M7.b .......................... M8 ............................. M9 ............................. Asset-backed securities: Automobile loans ................................... Asset-backed securities: Other consumer loans ........................... Asset-backed securities: Commercial and industrial loans ........... Asset-backed securities: Other ..................................................... Equity securities: Readily determinable fair values ...................... Equity securities: Other ................................................................. Loans pending securitization ......................................................... Other trading assets ...................................................................... RC–D ................... M10 ........................... Other trading liabilities ................................................................... RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D MDRM No. RCFDF645 RCFDF646 RCFDF647 RCFDF648 RCFDF652 RCFDF653 RCFDF654 RCFDF655, RCFDF656, RCFDF657 RCFDF658, RCFDF659, RCFDF660 To be completed by banks with total trading assets of $10 million or more for any quarter of the preceding calendar year RI RI RI RI RI ......................... ......................... ......................... ......................... ......................... M8.a M8.b M8.c M8.d M8.e .......................... .......................... ........................... .......................... .......................... Trading Trading Trading Trading Trading revenue: revenue: revenue: revenue: revenue: Interest rate exposures ..................................... Foreign exchange exposures ........................... Equity security and index exposures ................ Commodity and other exposures ...................... Credit exposures ............................................... RIAD8757 RIAD8758 RIAD8759 RIAD8760 RIADF186 To be completed by banks with components of other noninterest income in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 5.l RI–E ..................... 1.a through 1.l ........... Other noninterest income (from Schedule RI, item 5.l) ................ RIADC013, RIADC014, RIADC016, RIAD4042, RIADC015, RIADF555, RIADT047, RIAD4461, RIAD4462, RIAD4463 To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 7.d RI–E ..................... 2.a through 2.p .......... Other noninterest expense (from Schedule RI, item 7.d) ............. RIADC017, RIAD0497, RIAD4136, RIADC018, RIAD8403, RIAD4141, RIAD4146, RIADF556, RIADF557, RIADF558, RIADF559, RIADY923, RIADY924, RIAD4464, RIAD4467, RIAD4468 To be completed by banks with total trading assets of $10 million or more in any of the four preceding calendar quarters and all banks meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes. mstockstill on DSK30JT082PROD with NOTICES RC–K ................... 7 ................................ Trading assets ............................................................................... Dated: June 21, 2017. Karen Solomon, Deputy Chief Counsel, Office of the Comptroller of the Currency. Board of Governors of the Federal Reserve System, June 21, 2017. Ann E. Misback, Secretary of the Board. Dated at Washington, DC, this 21st day of June, 2017. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2017–13442 Filed 6–26–17; 8:45 am] BILLING CODE 4810–33–P 6210–01–P 6714–01–P VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulations Associated With Miscellaneous Elections Internal Revenue Service (IRS), Treasury. ACTION: Notice of information collection; request for comments. AGENCY: The Internal Revenue Service (IRS), in accordance with the Paperwork Reduction Act of 1995 (PRA 95), provides the general public and Federal agencies with an opportunity to comment on continuing collections of SUMMARY: PO 00000 Frm 00156 Fmt 4703 Sfmt 4703 RCFD3401 information. The IRS is soliciting comments concerning regulations relating to the time and manner of Making Certain Elections Under the Technical and Miscellaneous Revenue Act of 1988, and the Redesignation of Certain Other Temporary Elections Regulations. These regulations provide guidance to persons making these elections. Written comments should be received on or before August 28, 2017 to be assured of consideration. DATES: Direct all written comments to L. Brimmer, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. ADDRESSES: E:\FR\FM\27JNN1.SGM 27JNN1

Agencies

[Federal Register Volume 82, Number 122 (Tuesday, June 27, 2017)]
[Notices]
[Pages 29147-29177]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-13442]


=======================================================================
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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY:  Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Joint notice and request for comment.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995, the OCC, the Board, and the FDIC (the ``agencies'') 
may not conduct or sponsor, and the respondent is not required to 
respond to, an information collection unless it displays a currently 
valid Office of Management and Budget (OMB) control number. The Federal 
Financial Institutions Examination Council (FFIEC), of which the 
agencies are members, has approved the agencies' publication for public 
comment of a proposal to revise the Consolidated Reports of Condition 
and Income for a Bank with Domestic Offices Only and Total Assets Less 
Than $1 Billion (FFIEC 051), the Consolidated Reports of Condition and 
Income for a Bank with Domestic Offices Only (FFIEC 041), and the 
Consolidated Reports of Condition and Income for a Bank with Domestic 
and Foreign Offices (FFIEC 031), which are currently approved 
collections of information. The Consolidated Reports of Condition and 
Income are commonly referred to as the Call Report.

[[Page 29148]]

    The proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031 
Call Reports would result in an overall reduction in burden. In 
particular, the proposed revisions primarily relate to the deletion or 
consolidation of a large number of items, the raising of certain 
reporting thresholds, and a reduction in reporting frequency for a 
number of items. The proposed revisions also address the definition of 
``past due'' for regulatory reporting purposes as well as changes in 
the accounting for equity investments. The proposed revisions would 
take effect as of the March 31, 2018, report date. At the end of the 
comment period for this notice, the comments and recommendations 
received will be reviewed to determine whether the FFIEC and the 
agencies should modify the proposed revisions to the FFIEC 051, FFIEC 
041, and FFIEC 031 prior to giving final approval. As required by the 
PRA, the agencies will then publish a second Federal Register notice 
for a 30-day comment period and submit the final FFIEC 051, FFIEC 041, 
and FFIEC 031 to OMB for review and approval.

DATES: Comments must be submitted on or before August 28, 2017.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control number(s), will be shared among the agencies.
    OCC: Because paper mail in the Washington, DC, area and at the OCC 
is subject to delay, commenters are encouraged to submit comments by 
email, if possible, to prainfo@occ.treas.gov. Comments may be sent to: 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, Attention: ``1557-0081, FFIEC 031, 041, 
and 051,'' 400 7th Street SW., Suite 3E-218, Washington, DC 20219. In 
addition, comments may be sent by fax to (571) 465-4326. You may 
personally inspect and photocopy comments at the OCC, 400 7th Street 
SW., Washington, DC 20219. For security reasons, the OCC requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 649-6700 or, for persons who are deaf or hard of hearing, 
TTY, (202) 649-5597. Upon arrival, visitors will be required to present 
valid government-issued photo identification and submit to security 
screening in order to inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not include any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Board: You may submit comments, which should refer to ``FFIEC 031, 
FFIEC 041, and FFIEC 051,'' by any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at: http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: regs.comments@federalreserve.gov. Include the 
reporting form numbers in the subject line of the message.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room 
3515, 1801 K Street NW. (between 18th and 19th Streets NW.), 
Washington, DC 20006 between 9:00 a.m. and 5:00 p.m. on weekdays.
    FDIC: You may submit comments, which should refer to ``FFIEC 031, 
FFIEC 041, and FFIEC 051,'' by any of the following methods:
     Agency Web site: https://www.fdic.gov/regulations/laws/federal/. Follow the instructions for submitting comments on the FDIC's 
Web site.
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: comments@FDIC.gov. Include ``FFIEC 031, FFIEC 041, 
and FFIEC 051'' in the subject line of the message.
     Mail: Manuel E. Cabeza, Counsel, Attn: Comments, Room MB-
3007, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand delivered to the guard 
station at the rear of the 550 17th Street Building (located on F 
Street) on business days between 7:00 a.m. and 5:00 p.m.
    Public Inspection: All comments received will be posted without 
change to https://www.fdic.gov/regulations/laws/federal/ including any 
personal information provided. Paper copies of public comments may be 
requested from the FDIC Public Information Center by telephone at (877) 
275-3342 or (703) 562-2200.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officer for the agencies by mail to the Office of Information 
and Regulatory Affairs, U.S. Office of Management and Budget, New 
Executive Office Building, Room 10235, 725 17th Street NW., Washington, 
DC 20503; by fax to (202) 395-6974; or by email to 
oira_submission@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT: For further information about the 
proposed revisions to the Call Report discussed in this notice, please 
contact any of the agency staff whose names appear below. In addition, 
copies of the Call Report forms can be obtained at the FFIEC's Web site 
(https://www.ffiec.gov/ffiec_report_forms.htm).
    OCC: Kevin Korzeniewski, Counsel, (202) 649-5490, or for persons 
who are deaf or hard of hearing, TTY, (202) 649-5597, Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, 400 7th Street SW., Washington, DC 20219.
    Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, 
(202) 452-3884, Office of the Chief Data Officer, Board of Governors of 
the Federal Reserve System, 20th and C Streets NW., Washington, DC 
20551. Telecommunications Device for the Deaf (TDD) users may call 
(202) 263-4869.
    FDIC: Manuel E. Cabeza, Counsel, (202) 898-3767, Legal Division, 
Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, 
DC 20429.

SUPPLEMENTARY INFORMATION: The agencies propose revisions to data items 
reported on the FFIEC 051, FFIEC 041, and FFIEC 031 Call Reports.
    Report Title: Consolidated Reports of Condition and Income (Call 
Report).
    Form Numbers: FFIEC 051 (for eligible small institutions), FFIEC 
041 (for banks and savings associations with domestic offices only), 
and FFIEC 031 (for banks and savings associations with domestic and 
foreign offices).
    Frequency of Response: Quarterly.
    Affected Public: Business or other for-profit.

OCC

    OMB Control No.: 1557-0081.
    Estimated Number of Respondents: 1,335 national banks and federal 
savings associations.
    Estimated Average Burden per Response: 48.52 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 259,097 burden hours to file.

[[Page 29149]]

Board

    OMB Control No.: 7100-0036.
    Estimated Number of Respondents: 830 state member banks.
    Estimated Average Burden per Response: 53.11 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 176,325 burden hours to file.

FDIC

    OMB Control No.: 3064-0052.
    Estimated Number of Respondents: 3,743 insured state nonmember 
banks and state savings associations.
    Estimated Average Burden per Response: 46.66 burden hours per 
quarter to file.
    Estimated Total Annual Burden: 698,594 burden hours to file.
    The proposed burden-reducing revisions are the result of an ongoing 
effort by the agencies to reduce the burden associated with the 
preparation and filing of Call Reports and, as detailed in Appendices 
B, C, and D, achieve burden reductions by the removal or consolidation 
of numerous items, the raising of certain reporting thresholds, and a 
reduction in reporting frequency for certain items. The proposed 
revision to the definition of ``past due'' for regulatory reporting 
purposes would promote the use of consistent standards in the industry. 
The proposed revisions to the reporting of equity investments are 
consistent with changes in the accounting standards applicable to such 
investments.
    The estimated average burden hours, which reflect an overall 
reduction, collectively reflect the estimates for the FFIEC 051, the 
FFIEC 041, and the FFIEC 031 reports. When the estimates are calculated 
by type of report across the agencies, the estimated average burden 
hours per quarter are 39.47 (FFIEC 051), 58.37 (FFIEC 041), and 123.25 
(FFIEC 031). The estimated burden per response for the quarterly 
filings of the Call Report is an average that varies by agency because 
of differences in the composition of the institutions under each 
agency's supervision (e.g., size distribution of institutions, types of 
activities in which they are engaged, and existence of foreign 
offices).
    Type of Review: Revision of currently approved collections.

General Description of Reports

    These information collections are mandatory: 12 U.S.C. 161 (for 
national banks), 12 U.S.C. 324 (for state member banks), 12 U.S.C. 1817 
(for insured state nonmember commercial and savings banks), and 12 
U.S.C. 1464 (for federal and state savings associations). At present, 
except for selected data items and text, these information collections 
are not given confidential treatment.

Abstract

    Institutions submit Call Report data to the agencies each quarter 
for the agencies' use in monitoring the condition, performance, and 
risk profile of individual institutions and the industry as a whole. 
Call Report data serve a regulatory or public policy purpose by 
assisting the agencies in fulfilling their missions of ensuring the 
safety and soundness of financial institutions and the financial system 
and the protection of consumer financial rights, as well as agency-
specific missions affecting national and state-chartered institutions, 
e.g., monetary policy, financial stability, and deposit insurance. Call 
Reports are the source of the most current statistical data available 
for identifying areas of focus for on-site and off-site examinations. 
The agencies use Call Report data in evaluating institutions' corporate 
applications, including, in particular, interstate merger and 
acquisition applications for which, as required by law, the agencies 
must determine whether the resulting institution would control more 
than 10 percent of the total amount of deposits of insured depository 
institutions in the United States. Call Report data also are used to 
calculate institutions' deposit insurance and Financing Corporation 
assessments and national banks' and federal savings associations' 
semiannual assessment fees.

Current Actions

I. Introduction

    As part of an initiative launched by the FFIEC in December 2014 to 
identify potential opportunities to reduce burden associated with Call 
Report requirements for community banks, the FFIEC and the agencies 
have taken several actions, including: (1) The finalization in mid-2016 
of a number of burden-reducing changes and other revisions to the Call 
Report that were implemented in September 2016 and March 2017; (2) 
outreach to institutions to obtain a better understanding of 
significant sources of reporting burden in their Call Report 
preparation processes; and (3) the creation of a new streamlined FFIEC 
051 Call Report for eligible small institutions that took effect as of 
the March 31, 2017, report date.\1\
---------------------------------------------------------------------------

    \1\ See 80 FR 56539 (September 18, 2015), 81 FR 45357 (July 13, 
2016), 81 FR 54190 (August 15, 2016) (referred to hereafter as the 
``August 2016 Call Report proposal''), and 82 FR 2444 (January 9, 
2017) for further information on the actions taken under this 
initiative.
---------------------------------------------------------------------------

    As another key part of the FFIEC's community bank burden-reduction 
initiative, in 2015 the agencies accelerated the start of the next 
statutorily mandated review of the existing Call Report data items 
(Full Review),\2\ which otherwise would have commenced in 2017. Users 
of Call Report data items, who are internal staff at the FFIEC member 
entities, participated in a series of nine surveys conducted over a 19-
month period that began in mid-July 2015 and ended in mid-February 
2017. As an integral part of these surveys, users were asked to fully 
explain the need for each Call Report data item they deem essential, 
how the data item is used, the frequency with which it is needed, and 
the population of institutions from which it is needed. Call Report 
schedules were placed into nine groups and prioritized for review, 
generally based on the level of burden cited by banking industry 
representatives. Based on the results of the user surveys, the agencies 
are in the process of identifying data items to be considered for 
removal, less frequent collection, and new or revised reporting 
thresholds to reduce burden.
---------------------------------------------------------------------------

    \2\ This review is mandated by section 604 of the Financial 
Services Regulatory Relief Act of 2006 (12 U.S.C. 1817(a)(11)).
---------------------------------------------------------------------------

    Based on the results of a portion of the user surveys, the agencies 
propose various burden-reducing changes in this proposal. A summary of 
the FFIEC member entities' uses of the data items retained in the Call 
Report schedules covered in this portion of the user surveys is 
included in Appendix A. The results of the agencies' initial reviews of 
the first portion of the user surveys were included in the agencies' 
August 2016 Call Report proposal for a new streamlined FFIEC 051 Call 
Report for eligible small institutions and burden-reducing revisions to 
the existing FFIEC 041 and FFIEC 031 versions of the Call Report, which 
was finalized in December 2016.\3\ The agencies are analyzing the 
results of the final portion of the user surveys to determine any 
future proposed revisions to the FFIEC 051, FFIEC 041, and FFIEC 031. 
Burden-reducing reporting changes from this last group of surveys will 
be proposed in a future Federal Register notice with an anticipated 
March 31, 2018, implementation date. The schedules

[[Page 29150]]

reviewed in this last group primarily include schedules that collect 
data on complex or specialized activities, several of which were 
removed and replaced by indicator questions and a limited number of 
indicator items when the new FFIEC 051 was created. Therefore, 
revisions proposed in this future notice may be likely to more 
significantly affect schedules and data items in the FFIEC 041 and 
FFIEC 031.
---------------------------------------------------------------------------

    \3\ See 81 FR 54190 (August 15, 2016) and 82 FR 2444 (January 9, 
2017). A summary of the FFIEC member entities' uses of the data 
items retained in the Call Report schedules covered in the first 
portion of the user surveys was included in Appendix A of the latter 
notice.
---------------------------------------------------------------------------

    In addition, as a framework for the actions it is undertaking, the 
FFIEC developed a set of guiding principles for use in evaluating 
potential additions and deletions of Call Report data items and other 
revisions to the Call Report. In general, data items collected in the 
Call Report must meet three guiding principles: (1) The data items 
serve a long-term regulatory or public policy purpose by assisting the 
FFIEC member entities in fulfilling their missions of ensuring the 
safety and soundness of financial institutions and the financial system 
and the protection of consumer financial rights, as well as agency-
specific missions affecting national and state-chartered institutions; 
(2) the data items to be collected maximize practical utility and 
minimize, to the extent practicable and appropriate, burden on 
financial institutions; and (3) equivalent data items are not readily 
available through other means.

II. General Discussion of Proposed Call Report Revisions

    As discussed above, the Call Report schedules are being reviewed as 
part of the Full Review, conducted through a series of nine user 
surveys. The results of a portion of the surveys were evaluated in the 
development of this proposal. In addition, the results of certain 
surveys were re-evaluated and further burden-reducing changes were 
incorporated into this proposal. In conjunction with these evaluations, 
the agencies also considered comments received on their August 2016 
Call Report proposal, feedback and streamlining suggestions received 
during their banker outreach activities as part of the community bank 
Call Report burden-reduction initiative, and comments regarding the 
Call Report received during the Economic Growth and Regulatory 
Paperwork Reduction Act review conducted by the FFIEC and the agencies 
\4\ (hereafter collectively referred to as ``industry comments and 
feedback''). The proposed revisions to the FFIEC 051, FFIEC 041, and 
FFIEC 031, which are based on these analyses of the survey responses 
and consideration of industry comments and feedback, are discussed in 
Sections III.A, III.B, and III.C, respectively.
---------------------------------------------------------------------------

    \4\ See the Joint Report to Congress, Economic Growth and 
Regulatory Paperwork Reduction Act, March 2017, https://www.ffiec.gov/pdf/2017_FFIEC_EGRPRA_Joint-Report_to_Congress.pdf.
---------------------------------------------------------------------------

    The schedules reviewed in the portion of the user surveys evaluated 
in the development of this proposal include:

 Schedule RI-D--Income from Foreign Offices [FFIEC 031 only]
 Schedule RI-E--Explanations
 Schedule RC-B--Securities
 Schedule RC-D--Trading Assets and Liabilities [FFIEC 031 and 
FFIEC 041 only]
 Schedule RC-K--Quarterly Averages
 Schedule RC-L--Derivatives and Off-Balance-Sheet Items
 Schedule RC-M--Memoranda
    The schedules re-evaluated in the development of this proposal 
include:
 Schedule RI--Income Statement
 Schedule RC--Balance Sheet
 Schedule RC-C, Part I--Loans and Leases
 Schedule RC-N--Past Due and Nonaccrual Loans, Leases, and 
Other Assets

    Table 1 summarizes the changes already finalized as part of the 
FFIEC's community bank Call Report burden-reduction initiative.

                                Table 1--Data Items Revised as of March 31, 2017
----------------------------------------------------------------------------------------------------------------
                 Finalized call report revisions                        051             041             031
----------------------------------------------------------------------------------------------------------------
Items Removed, Net *............................................             967              60              68
Change in Item Frequency to Semiannual..........................              96  ..............  ..............
Change in Item Frequency to Annual..............................              10  ..............  ..............
Items with a New or Increased Reporting Threshold...............  ..............               7              13
----------------------------------------------------------------------------------------------------------------
* ``Items Removed, Net'' reflects the effects of consolidating existing items, adding control totals, and, for
  the FFIEC 051, relocating individual items from other schedules to Schedule SU, some of which were
  consolidated in Schedule SU. In addition, included in this number for the FFIEC 051, approximately 300 items
  were items that institutions with less than $1 billion in total assets were exempt from reporting due to
  existing reporting thresholds in the FFIEC 041.

    Table 2 summarizes the additional burden-reducing proposed 
revisions to data items included in this notice. The proposed revisions 
are discussed in Section III. Detail for each affected data item is 
shown in Appendix B (FFIEC 051), Appendix C (FFIEC 041), and Appendix D 
(FFIEC 031).

                                 Table 2--Proposed Data Revisions in This Notice
----------------------------------------------------------------------------------------------------------------
                 Proposed call report revisions                         051             041             031
----------------------------------------------------------------------------------------------------------------
Items Proposed to be Removed, Net *.............................              54             106              86
Proposed Change in Item Frequency to Semiannual.................              17              31              31
Proposed Change in Item Frequency to Annual.....................              26               3               3
Items with a Proposed New or Increased Reporting Threshold......              26             106             178
----------------------------------------------------------------------------------------------------------------
*``Items Proposed to be Removed, Net'' reflects the effects of consolidating existing items and relocating
  individual items to other schedules.

    The agencies are also proposing two revisions not related to the 
burden-reduction initiative. The first proposal would revise a method 
currently described in the Call Report instructions for determining 
past-due status for purposes of reporting certain loans and leases as 
past due in Schedule RC-N. The second proposal would revise portions of 
several Call Report schedules to incorporate the revised accounting for 
equity securities under

[[Page 29151]]

Accounting Standards Update (ASU) No. 2016-01, ``Recognition and 
Measurement of Financial Assets and Financial Liabilities.'' Both of 
these proposals are discussed in Section III.D.
    The proposed Call Report revisions would take effect March 31, 
2018. Additional information on timing of the proposed revisions is 
provided in Section IV.

III. Detail of Specific Proposed Call Report Revisions

A. Revisions to the FFIEC 051

Schedule RI
    For the FFIEC 051, the agencies propose to consolidate securities 
brokerage and investment banking income items 5.d.(1) and 5.d.(2) into 
revised item 5.d.(1), consolidate insurance activities income items 
5.d.(3) through 5.d.(5) into revised item 5.d.(2), remove 
securitization income item 5.g, and remove non-deductible interest 
expense Memorandum item 1 as the agencies no longer need the current 
level of detail provided by each of these existing items from smaller 
institutions eligible to file this version of the Call Report. 
Securitization income would be included within other noninterest income 
in item 5.l.
Schedule RI-B
    For the FFIEC 051, the agencies propose to remove Schedule RI-B, 
Part II, Memorandum item 4 on allowances for credit losses on purchased 
credit-impaired loans, as the agencies no longer need this item from 
smaller institutions eligible to file this version of the Call Report.
Schedule RI-E
    For the FFIEC 051, the agencies propose to remove the preprinted 
captions for items 1.f and 1.h, as few institutions report having these 
components of other noninterest income in amounts in excess of the 
existing reporting threshold for disclosing these components.\5\ The 
remaining items 1.g and 1.i through 1.l would be renumbered as items 
1.f through 1.j.
---------------------------------------------------------------------------

    \5\ After these two preprinted captions have been removed, if an 
institution has an other noninterest income component currently 
disclosed in item 1.f or 1.h in an amount in excess of the reporting 
threshold, it would itemize and describe this component in one of 
the subitems of item 1 without a preprinted caption.
---------------------------------------------------------------------------

    In addition, after reviewing the agencies' data needs along with 
industry comments and feedback requesting a higher threshold for 
disclosing components of other noninterest income and other noninterest 
expense in Schedule RI-E, the agencies propose to increase the 
percentage portion of the existing threshold for reporting other 
noninterest income components in items 1.a through 1.j and other 
noninterest expense components in items 2.a through 2.p. The proposed 
threshold for disclosing components of other noninterest income and 
other noninterest expense would be amounts greater than $100,000 that 
exceed seven percent of Schedule RI, item 5.l and item 7.d, 
respectively.\6\ This percentage is currently three percent. The 
agencies considered alternative percentage thresholds of five percent 
and ten percent. Upon evaluating the impact of each percentage 
threshold, the agencies determined that a percentage threshold of seven 
percent would provide a meaningful reduction in reporting burden 
without a loss of data that would be necessary for supervisory or other 
public policy purposes.
---------------------------------------------------------------------------

    \6\ The agencies increased the dollar portion of this reporting 
threshold from $25,000 to $100,000 effective September 30, 2016.
---------------------------------------------------------------------------

    The agencies further propose to reduce the frequency of collection 
for items 1.a through 1.j and 2.a through 2.p from quarterly to 
annually as of December 31. This proposal is based on a comment 
received on the agencies' August 2016 Call Report proposal recommending 
a reduction in the reporting frequency of these items for smaller 
institutions.\7\ The agencies believe the new reporting frequency 
better balances the agencies' supervisory needs with institutions' 
reporting burden.
---------------------------------------------------------------------------

    \7\ See 82 FR 2444 (January 9, 2017) for discussion of the 
comments received on the August 2016 Call Report proposal.
---------------------------------------------------------------------------

Schedule RC
    For the FFIEC 051, the agencies propose to move the reporting of 
goodwill from existing item 10.a on the balance sheet to Schedule RC-M, 
item 2.b, and combine existing items 10.a and 10.b on Schedule RC into 
a single item 10. This would consolidate the reporting of goodwill and 
other intangible assets on Schedule RC into a single balance sheet item 
for intangible assets. This proposed revision to Schedule RC was 
requested by a commenter on the agencies' August 2016 Call Report 
proposal to facilitate institutions' reporting by making their Call 
Report processes more efficient and better focused.\8\ While the 
agencies believe the reporting and disclosure of the amount of an 
institution's goodwill is important, the agencies are indifferent as to 
the location of the goodwill information in the Call Report.
---------------------------------------------------------------------------

    \8\ Id.
---------------------------------------------------------------------------

Schedule RC-B
    For the FFIEC 051, the agencies propose to consolidate the 
reporting of an institution's holdings of U.S. government agency 
obligations, which are currently reported in items 2.a and 2.b, into a 
single item 2, and to consolidate the reporting of structured financial 
product holdings, which are currently reported in items 5.b.(1) through 
5.b.(3), into a single item 5.b, as the agencies no longer need the 
current level of detail for these holdings in the Call Report. Banks 
would still be required to report amortized cost and fair value 
information in columns A through D for the proposed items 2 and 5.b. 
The agencies also propose to reduce the reporting frequency of the data 
on sales and transfers of held-to-maturity securities reported in 
Memorandum item 3 from quarterly to semiannual (June 30 and December 
31), as the agencies no longer need these data items as frequently. 
This proposal is consistent with industry comments and feedback 
recommending a shorter reporting form for two of the four quarters each 
year. The agencies also propose to remove Memorandum items 6.a through 
6.g, which provide detail on holding of structured financial products, 
as smaller institutions eligible to file this version of the Call 
Report generally do not hold these securities.
Schedule RC-C, Part I
    For the FFIEC 051, the agencies propose to reduce the reporting 
frequency of Memorandum items 7.a, 7.b, 8.a, and 12 (Columns A through 
C) from quarterly to semiannual (June 30 and December 31), as the 
agencies no longer need these loan data in the Call Report as 
frequently. This proposal is consistent with industry comments and 
feedback recommending a shorter reporting form for two of the four 
quarters each year.
Schedule RC-K
    For the FFIEC 051, the agencies propose to remove item 7, average 
trading assets, as the agencies no longer need this quarterly average 
in the Call Report from institutions with domestic offices only and 
assets less than $1 billion.
Schedule RC-L
    For the FFIEC 051, the agencies propose to remove items 1.b.(1), 
1.b.(2), and 1.d, as the agencies no longer need the current level of 
detail for these types of unused commitments from smaller institutions 
eligible to file this version

[[Page 29152]]

of the Call Report.\9\ The agencies also propose to reduce the 
reporting frequency of merchant credit card sales data in items 11.a 
and 11.b from quarterly to semiannual (June 30 and December 31), as the 
agencies no longer need this information in the Call Report as 
frequently. This proposal is consistent with industry comments and 
feedback recommending a shorter reporting form for smaller institutions 
for two of the four quarters each year.
---------------------------------------------------------------------------

    \9\ Any securities underwriting commitments currently reported 
in item 1.d would be included as part of all other unused 
commitments in item 1.e.(3).
---------------------------------------------------------------------------

Schedule RC-M
    For the FFIEC 051, the agencies propose to consolidate current 
items 2.b and 2.c, which provide data on certain identifiable 
intangible assets, into a single item 2.c,\10\ and to consolidate other 
real estate owned items 3.c and 3.f into a single item 3.c, as the 
agencies no longer need the current level of detail in the Call Report 
that is provided in these separate items. As discussed earlier under 
Schedule RC, the agencies are moving the goodwill amount formerly 
reported in Schedule RC, item 10.a, to a recaptioned item 2.b on 
Schedule RC-M.
---------------------------------------------------------------------------

    \10\ As explained in the description of the proposed revisions 
to Schedule RC of the FFIEC 051, existing item 2.b of Schedule RC-M 
would be replaced by a revised item 2.b for reporting goodwill.
---------------------------------------------------------------------------

Schedule RC-N
    For the FFIEC 051, the agencies propose to reduce the reporting 
frequency of Memorandum items 7 and 8 on nonaccrual assets and 
Memorandum items 9.a and 9.b on purchased credit-impaired loans from 
quarterly to semiannual (June 30 and December 31), as the agencies no 
longer need these data in the Call Report as frequently. In connection 
with this proposed change, Memorandum items 7 and 8 would collect data 
on additions to nonaccrual assets and nonaccrual asset sales, 
respectively, during the preceding six months rather than the preceding 
quarter as at present. This proposal is consistent with industry 
comments and feedback recommending a shorter reporting form for two of 
the four quarters each year.

B. Revisions to the FFIEC 041

Scope Revision
    The agencies propose to revise the scope of the FFIEC 041 to 
require all institutions with consolidated total assets of $100 billion 
or more to file the FFIEC 031 instead, regardless of whether an 
institution has any foreign offices. The agencies are proposing this 
change because institutions with consolidated total assets of $100 
billion or more without foreign offices are considered to have a 
similar degree of complexity in their activities as institutions with 
consolidated total assets of $100 billion or more and foreign offices 
that currently file the FFIEC 031. This scope revision would affect a 
small number of institutions. Also, modifying the scope of these two 
versions of the Call Report in this manner would enable the agencies to 
remove a number of data items from the FFIEC 041 report that they no 
longer need to collect from institutions with consolidated total assets 
less than $100 billion.
Schedule RI
    For the FFIEC 041, the agencies propose to remove detail on trading 
revenues in Memorandum items 8.a through 8.e, as the agencies no longer 
need this level of detail in the Call Report from institutions with 
total assets less than $100 billion. The agencies would also remove 
Memorandum items 8.f through 8.h, which currently only apply to 
institutions with total assets of $100 billion or more. In addition, 
the agencies propose to reduce the reporting frequency of Memorandum 
item 12 from quarterly to semiannual (June 30 and December 31), as the 
agencies no longer need this data in the Call Report as frequently.
Schedule RI-E
    For the FFIEC 041, the agencies propose to remove the preprinted 
captions for items 1.f and 1.h, as few institutions report having these 
components of other noninterest income in amounts in excess of the 
existing reporting threshold for disclosing these components.\11\ The 
remaining items 1.g and1.i through 1.l would be renumbered as items 1.f 
through 1.j.
---------------------------------------------------------------------------

    \11\ If an institution has the component of other noninterest 
income currently disclosed in item 1.f or 1.h in an amount in excess 
of the reporting threshold, it would itemize and describe this 
component in one of the subitems of item 1 without a preprinted 
caption.
---------------------------------------------------------------------------

    In addition, after reviewing the agencies' data needs along with 
industry comments and feedback requesting a higher threshold for 
disclosing components of other noninterest income and other noninterest 
expense in Schedule RI-E, the agencies propose to increase the 
percentage portion of the existing threshold for reporting other 
noninterest income components in items 1.a through 1.j and other 
noninterest expense components in items 2.a through 2.p. The proposed 
threshold for disclosing components of other noninterest income and 
other noninterest expense would be amounts greater than $100,000 that 
exceed seven percent of Schedule RI, item 5.l and item 7.d, 
respectively.\12\ This percentage is currently three percent. The 
agencies considered alternative percentage thresholds of five percent 
and ten percent. Upon evaluating the impact of each percentage 
threshold, the agencies determined that a percentage threshold of seven 
percent would provide a meaningful reduction in reporting burden 
without a loss of data that would be necessary for supervisory or other 
public policy purposes.
---------------------------------------------------------------------------

    \12\ The agencies increased the dollar portion of this reporting 
threshold from $25,000 to $100,000 effective September 30, 2016.
---------------------------------------------------------------------------

Schedule RC
    For the FFIEC 041, the agencies propose to move the reporting of 
goodwill from existing item 10.a on the balance sheet to Schedule RC-M, 
item 2.b, and combine existing items 10.a and 10.b on Schedule RC into 
a single item 10. This would consolidate the reporting of goodwill and 
other intangible assets on Schedule RC into a single balance sheet item 
for intangible assets. This proposed revision to Schedule RC was 
requested by a commenter on the agencies' August 2016 Call Report 
proposal to facilitate institutions' reporting by making their Call 
Report processes more efficient and better focused.\13\ While the 
agencies believe the reporting and disclosure of the amount of an 
institution's goodwill detail is important, the agencies are 
indifferent as to the location of the information in the Call Report.
---------------------------------------------------------------------------

    \13\ See 82 FR 2444 (January 9, 2017) for discussion of the 
comments received on the August 2016 Call Report proposal.
---------------------------------------------------------------------------

Schedule RC-B
    For the FFIEC 041, the agencies propose to consolidate the 
reporting of an institution's holdings of U.S. government agency 
obligations, which are currently reported in items 2.a and 2.b, into a 
single item 2, and to consolidate the reporting of structured financial 
product holdings, which are currently reported in items 5.b.(1) through 
5.b.(3), into a single item 5.b, as the agencies no longer need the 
current level of detail for these holdings in the Call Report. 
Institutions would still be required to report amortized cost and fair 
value information in columns A through D for the proposed items 2 and 
5.b. The agencies also propose to reduce the reporting frequency of the 
data on sales and transfers of held-to-maturity securities reported in 
Memorandum

[[Page 29153]]

item 3 from quarterly to semiannual (June 30 and December 31), as the 
agencies no longer need these data items in the Call Report as 
frequently. This proposal is consistent with industry comments and 
feedback recommending a shorter reporting form for two of the four 
quarters each year.\14\ The agencies also propose to add a reporting 
threshold of $10 billion or more in total assets before institutions 
must complete Memorandum items 5.a though 6.g, columns A through D, as 
the agencies no longer need this information in the Call Report from 
institutions under this proposed threshold.
---------------------------------------------------------------------------

    \14\ See 82 FR 2444 (January 9, 2017).
---------------------------------------------------------------------------

Schedule RC-C, Part I
    For the FFIEC 041, the agencies propose to reduce the reporting 
frequency of Memorandum items 7.a, 7.b, 8.a, 8.b, 8.c, and 12.a through 
12.d (columns A through C) from quarterly to semiannual (June 30 and 
December 31), as the agencies no longer need these loan data in the 
Call Report as frequently. This proposal is consistent with industry 
comments and feedback recommending a shorter reporting form for two of 
the four quarters each year.
Schedule RC-D
    For the FFIEC 041, the agencies propose to change the reporting 
threshold for the overall schedule so that the schedule would be 
applicable to institutions with total trading assets of $10 million or 
more in any of the four preceding calendar quarters from the current 
threshold of $2 million in average trading assets over this same 
period. In addition, all institutions meeting the FDIC's definition of 
a large institution or a highly complex institution for deposit 
insurance assessment purposes would be required to complete Schedule 
RC-D. The agencies are proposing this reporting threshold change 
because they no longer need to collect this detailed data in the Call 
Report from institutions with a lesser amount of trading assets that 
are not large or highly complex institutions.
    The agencies also propose to consolidate:
     Structured financial products in current items 5.a.(1) 
through 5.a.(3) into a single new item 5.a;
     Loan detail in current items 6.a.(1), 6.a.(2), 6.a.(4), 
and 6.a.(5) into a single new item 6.a.(2);
     Certain residential loan detail in current items 
6.a.(3)(a) through 6.a.(3)(b)(2) into a single new item 6.a.(1);
     Consumer loan information in items 6.c.(1) through 6.c.(4) 
into a single item 6.c;
     Loan detail in current Memorandum items 1.a.(1), 1.a.(2), 
1.a.(4), and 1.a.(5) into a single new Memorandum item 1.a.(2);
     Certain residential loan detail in current Memorandum 
items 1.a.(3)(a) through 1.a.(3)(b)(2) into a single new Memorandum 
item 1.a.(1); and
     Consumer loan information in Memoranda items 1.c.(1) 
through 1.c.(4) into a single new Memorandum item 1.c.
    The agencies no longer need to collect the existing level of detail 
in the Call Report from those institutions that would be required to 
complete Schedule RC-D under its proposed revised reporting threshold. 
The agencies also propose to remove Memorandum items 2.a though 10, as 
the agencies no longer need to collect the current level of detail in 
the Call Report from institutions with less than $100 billion in total 
assets.
Schedule RC-K
    For the FFIEC 041, the agencies propose to revise the reporting 
threshold for item 7 on average trading assets. This item would only 
need to be completed by institutions with $10 million or more in total 
trading assets in any of the four preceding calendar quarters and by 
all institutions meeting the FDIC's definition of a ``large 
institution'' or a ``highly complex institution'' for deposit insurance 
assessment purposes. This proposed revised reporting threshold is 
consistent with the proposed threshold for completing Schedule RC-D 
discussed above. The agencies no longer need this quarterly average in 
the Call Report from institutions with less than $10 million in trading 
assets that are not large or highly complex institutions.
Schedule RC-L
    For the FFIEC 041, the agencies propose to consolidate items 
1.a.(1) and 1.a.(2) into a single item 1.a.(1), as the agencies no 
longer need the current level of detail in the Call Report for these 
types of unused commitments. The agencies also propose to remove item 8 
on spot foreign exchange contracts, as the agencies no longer need this 
information in the Call Report from all institutions with assets less 
than $100 billion. By removing item 8, spot foreign exchange contracts 
would be reported as part of an institution's all other off-balance 
sheet liabilities in item 9 of Schedule RC-L if the amount of such 
contracts exceeds 10 percent of the institution's total equity capital. 
Spot foreign exchange contracts would be disclosed as a component of 
the institution's all other off-balance sheet liabilities if the amount 
exceeds 25 percent of total equity capital.
    The agencies also propose to remove columns B, C, and D, for items 
16.a through 16.b.(8), and instead include these data on over-the-
counter derivatives within column E for derivatives with all other 
counterparties. The agencies no longer need the separate detail in the 
Call Report provided by the disaggregated data on over-the-counter 
derivatives for monoline financial guarantors, hedge funds, and 
sovereign governments for institutions filing the FFIEC 041. The 
agencies also propose removing items 16.b.(4) though 16.b.(6) for the 
remaining columns A and E, and instead including the fair value of the 
three types of securities collateral currently reported in items 
16.b.(4) through 16.b.(6) within the collateral amount reported in the 
respective columns of item 16.b.(7). The agencies no longer need the 
separate breakout of these types of collateral in the Call Report for 
institutions filing the FFIEC 041.
    The agencies also propose to reduce the reporting frequency of 
items 1.b.(1), 1.b.(2), 11.a, and 11.b from quarterly to semiannual 
(June 30 and December 31), as the agencies no longer need these data in 
the Call Report as frequently. This proposal is consistent with 
industry comments and feedback recommending a shorter reporting form 
for two of the four quarters each year.
Schedule RC-M
    For the FFIEC 041, the agencies propose to consolidate items 2.b 
and 2.c, which provide data on certain identifiable intangible assets, 
into a single item 2.c,\15\ and to consolidate other real estate owned 
items 3.c and 3.f into a single item 3.c, as the agencies no longer 
need the current level of detail in the Call Report that is provided in 
these separate items. As discussed earlier under Schedule RC, the 
agencies are moving the goodwill amount formerly reported in Schedule 
RC, item 10.a, to a recaptioned item 2.b on Schedule RC-M. The agencies 
also propose to reduce the reporting frequency for items 9 (Web site 
transactional capability), 14.a (captive insurance subsidiary assets), 
and 14.b (captive reinsurance subsidiary assets) from quarterly to 
annual (December 31), as the agencies no longer

[[Page 29154]]

need these data in the Call Report as frequently.
---------------------------------------------------------------------------

    \15\ As explained in the description of the proposed revisions 
to Schedule RC of the FFIEC 041, existing item 2.b of Schedule RC-M 
would be replaced by a revised item 2.b for reporting goodwill.
---------------------------------------------------------------------------

Schedule RC-N
    For the FFIEC 041, the agencies propose to reduce the reporting 
frequency of Memorandum items 7 and 8 on nonaccrual assets and 
Memorandum items 9.a and 9.b (columns A through C) on purchased credit-
impaired loans from quarterly to semiannual (June 30 and December 31), 
as the agencies no longer need these data in the Call Report as 
frequently. In connection with this proposed change, Memorandum items 7 
and 8 would collect data on additions to nonaccrual assets and 
nonaccrual asset sales, respectively, during the preceding six months 
rather than the preceding quarter as at present. This proposal is 
consistent with industry comments and feedback recommending a shorter 
reporting form for two of the four quarters each year.

C. Revisions to the FFIEC 031

Scope Revision
    The agencies propose to revise the scope of the FFIEC 031 to 
require all institutions with consolidated total assets of $100 billion 
or more to file this form, regardless of whether an institution has any 
foreign offices. The agencies are proposing this change because 
institutions with consolidated total assets of $100 billion or more 
without foreign offices are considered to have a similar degree of 
complexity in their activities as institutions of this size with 
foreign offices that currently file the FFIEC 031.
Schedule RI
    For the FFIEC 031, the agencies propose to change the reporting 
threshold for reporting information on trading revenues in Memorandum 
items 8.a through 8.e. Currently, these items are completed by 
institutions that reported average trading assets of $2 million or more 
for any quarter of the preceding calendar year. The agencies propose to 
modify the reporting threshold for Memorandum items 8.a through 8.e to 
instruct that these items be completed by institutions that reported 
total trading assets of $10 million or more for any quarter of the 
preceding calendar year, as the agencies no longer need this level of 
detail in the Call Report from institutions with lower levels of 
trading assets. In addition, the agencies propose to reduce the 
reporting frequency of Memorandum item 12 from quarterly to semiannual 
(June 30 and December 31), as the agencies no longer need this data in 
the Call Report as frequently.
Schedule RI-D
    For the FFIEC 031, the agencies propose to change the reporting 
threshold for completing this schedule. Currently, this schedule is 
required to be completed by an institution when its foreign office 
revenues, assets, or net income exceed 10 percent of consolidated total 
revenues, total assets, or net income. The agencies propose to add an 
additional threshold that an institution must have foreign office 
assets of $10 billion or more and also meet one of the three 10 percent 
tests before the schedule is required, as the agencies no longer need 
foreign office income data in the Call Report from institutions with a 
lesser amount of foreign office assets.
Schedule RI-E
    For the FFIEC 031, the agencies propose to remove the preprinted 
captions for items 1.f and 1.h, as few institutions report having these 
components of other noninterest income in amounts in excess of the 
existing reporting threshold for disclosing these components.\16\ The 
remaining items 1.g and 1.i through 1.l would be renumbered as items 
1.f through 1.j.
---------------------------------------------------------------------------

    \16\ If an institution has the component of other noninterest 
income currently disclosed in item 1.f or 1.h in an amount in excess 
of the reporting threshold, it would itemize and describe this 
component in one of the subitems of item 1 without a preprinted 
caption.
---------------------------------------------------------------------------

    In addition, after reviewing the agencies' data needs along with 
industry comments and feedback requesting a higher threshold for 
disclosing components of other noninterest income and other noninterest 
expense in Schedule RI-E, the agencies propose to increase the 
percentage portion of the existing threshold for reporting other 
noninterest income components in items 1.a through 1.j and other 
noninterest expense components in items 2.a through 2.p. The proposed 
threshold for disclosing components of other noninterest income and 
other noninterest expense would be amounts greater than $100,000 that 
exceed seven percent of Schedule RI, item 5.l, and item 7.d, 
respectively.\17\ This percentage is currently three percent. The 
agencies considered alternative percentage thresholds of five percent 
and ten percent. Upon evaluating the impact of each percentage 
threshold, the agencies determined that a percentage threshold of seven 
percent would provide a meaningful reduction in reporting burden 
without a loss of data that would be necessary for supervisory or other 
public policy purposes.
---------------------------------------------------------------------------

    \17\ The agencies increased the dollar portion of this reporting 
threshold from $25,000 to $100,000 effective September 30, 2016.
---------------------------------------------------------------------------

Schedule RC
    For the FFIEC 031, the agencies propose to move the reporting of 
goodwill from existing item 10.a on the balance sheet to Schedule RC-M, 
item 2.b (as discussed further below), and combine existing items 10.a 
and 10.b on Schedule RC into a single item 10. This would consolidate 
the reporting of goodwill and other intangible assets on Schedule RC 
into a single balance sheet item for intangible assets. This proposed 
revision to Schedule RC was requested by a commenter on the agencies' 
August 2016 Call Report proposal to facilitate institutions' reporting 
by making their Call Report processes more efficient and better 
focused.\18\ While the agencies believe the reporting and disclosure of 
an institution's goodwill detail is important, the agencies are 
indifferent as to the location of the information in the Call Report.
---------------------------------------------------------------------------

    \18\ See 82 FR 2444 (January 9, 2017) for discussion of the 
comments received on the August 2016 Call Report proposal.
---------------------------------------------------------------------------

Schedule RC-B
    For the FFIEC 031, the agencies propose to consolidate the 
reporting of an institution's holdings of U.S. government agency 
obligations, which are currently reported in items 2.a and 2.b, into a 
single item 2, and to consolidate the reporting of structured financial 
product holdings, which are currently reported in items 5.b.(1) through 
5.b.(3), into a single item 5.b, as the agencies no longer need the 
current level of detail in the Call Report for these holdings. 
Institutions would still be required to report amortized cost and fair 
value information in columns A through D for the proposed items 2 and 
5.b. The agencies also propose to reduce the reporting frequency of the 
data on sales and transfers of held-to-maturity securities reported in 
Memorandum item 3 from quarterly to semiannual (June 30 and December 
31), as the agencies no longer need these data items as frequently in 
the Call Report. The agencies also propose to add a reporting threshold 
of $10 billion or more in total assets before institutions must 
complete Memorandum items 5.a though 6.g, columns A through D, as the 
agencies no longer need this information in the Call Report from 
institutions under this proposed threshold.

[[Page 29155]]

Schedule RC-C, Part I
    For the FFIEC 031, the agencies propose to reduce the reporting 
frequency of Memorandum items 7.a, 7.b, 8.a, 8.b, 8.c, and 12.a through 
12.d (columns A through C) from quarterly to semiannual (June 30 and 
December 31), as the agencies no longer need these loan data in the 
Call Report as frequently.
Schedule RC-D
    For the FFIEC 031, the agencies propose to change the reporting 
threshold for the overall schedule so that the schedule would be 
applicable to institutions with total trading assets of $10 million or 
more in any of the four preceding calendar quarters from the current 
threshold of $2 million or more in average trading assets over this 
same period. In addition, all institutions meeting the FDIC's 
definition of a large institution or a highly complex institution for 
deposit insurance assessment purposes would be required to complete 
Schedule RC-D. The agencies are proposing this reporting threshold 
change because they no longer need to collect the existing detailed 
data in the Call Report from institutions with a lesser amount of 
trading assets that are not large or highly complex institutions.
    The agencies also propose to consolidate:
     Structured financial products in items 5.a.(1) through 
5.a.(3) into a single item 5.a;
     Loan detail in current items 6.a.(1), 6.a.(2), 6.a.(4), 
and 6.a.(5) into a single new item 6.a.(2);
     Certain residential loan detail in current items 
6.a.(3)(a) through 6.a.(3)(b)(2) into a single new item 6.a.(1);
     Consumer loan information in items 6.c.(1) through 6.c.(4) 
into a single item 6.c;
     Loan detail in Memorandum items 1.a.(1), 1.a.(2), 1.a.(4), 
and 1.a.(5) into a single new Memorandum item 1.a.(2);
     Certain residential loan detail in Memorandum items 
1.a.(3)(a) through 1.a.(3)(b)(2) into a single new Memorandum item 
1.a.(1); and
     Consumer loan information in Memorandum items 1.c.(1) 
through 1.c.(4) into a single new Memorandum item 1.c.
    The agencies no longer need to collect the current level of detail 
in the Call Report from those institutions that would be required to 
complete Schedule RC-D under its proposed revised reporting threshold.
    The agencies also propose to remove column B (domestic offices) for 
all items on Schedule RC-D, except for items 12 and 15 on total trading 
assets and total trading liabilities in domestic offices, respectively, 
which will be moved to Schedule RC-H, Selected Balance Sheet Items for 
Domestic Offices. In addition, the agencies would replace the detailed 
data on loans held for trading in domestic offices that is reported in 
items 6.a.(1) through 6.d, column B, of Schedule RC-D with a single new 
item for total loans held for trading in domestic offices that would be 
added to Schedule RC-H. The agencies propose these changes as they no 
longer need separately reported data in the Call Report on assets and 
liabilities held for trading in domestic offices other than for the 
three items on total trading assets, total trading liabilities, and 
total loans held for trading in domestic offices that would be reported 
in Schedule RC-H. Institutions would continue to report amounts in 
Schedule RC-D only for the consolidated entity, which they currently 
report in column A.
    In addition, the agencies propose to add a reporting threshold of 
$10 billion or more in total trading assets before an institution would 
be required to complete Memorandum items 2.a though 5.f and 7.a through 
10, as the agencies no longer need this level of detail in the Call 
Report from institutions with a lesser amount of trading assets. The 
agencies also propose to remove Memorandum item 6, as the agencies no 
longer need this information.
Schedule RC-H
    For the FFIEC 031, in connection with removing the separate detail 
for trading assets and liabilities in domestic offices from Schedule 
RC-D, the agencies propose to retain and relocate selected data items 
to Schedule RC-H, Selected Balance Sheet Items for Domestic Offices. As 
noted above, the agencies propose relocating total trading assets and 
total trading liabilities in domestic offices from Schedule RC-D, 
column B, items 12 and 15, to Schedule RC-H, new items 19 and 20, 
respectively. Also, the agencies propose to aggregate all loans held 
for trading in domestic offices currently reported on Schedule RC-D, 
column B, items 6.a through 6.d (including all subitems), into a single 
new item, Schedule RC-H, item 21. These three items would be completed 
by institutions that reported total trading assets of $10 million or 
more in any of the four preceding calendar quarters and by all 
institutions meeting the FDIC's definition of a large or highly complex 
institution for deposit insurance assessment purposes. The agencies 
believe relocating this data from Schedule RC-D to Schedule RC-H will 
improve efficiency by consolidating additional domestic office 
information on Schedule RC-H.
Schedule RC-K
    For the FFIEC 031, the agencies propose to add a reporting 
threshold for item 7 on average trading assets. This item would only 
need to be completed by institutions with $10 million or more in total 
trading assets in any of the four preceding calendar quarters and by 
all institutions meeting the FDIC's definition of a ``large 
institution'' or a ``highly complex institution'' for deposit insurance 
assessment purposes. This proposed new reporting threshold is 
consistent with the proposed revised threshold for completing Schedule 
RC-D discussed above. The agencies no longer need this information in 
the Call Report each quarter from institutions with less than $10 
million in trading assets that are not large or highly complex 
institutions.
Schedule RC-L
    For the FFIEC 031, the agencies propose to consolidate items 
1.a.(1) and 1.a.(2) into a single item 1.a.(1), as the agencies no 
longer need the current level of detail for these types of unused 
commitments. The agencies also propose to remove column B for items 
16.a through 16.b.(8), and instead include these data on over-the-
counter derivatives within column E for derivatives with all other 
counterparties. The agencies no longer need the separate detail in the 
Call Report provided by the disaggregated data on over-the-counter 
derivatives for monoline financial guarantors in column B. The agencies 
also propose to reduce the reporting frequency of items 1.b.(1), 
1.b.(2), 11.a, and 11.b from quarterly to semiannual (June 30 and 
December 31), as the agencies no longer need these data in the Call 
Report as frequently.
Schedule RC-M
    For the FFIEC 031, the agencies propose to consolidate items 2.b 
and 2.c, which provide data on certain intangible assets, into a single 
item 2.c,\19\ and to consolidate other real estate owned items 3.c and 
3.f into a single item 3.c, as the agencies no longer need the current 
level of detail in the Call Report that is provided in these separate 
items. As discussed earlier under Schedule RC, the agencies are moving 
the goodwill amount formerly

[[Page 29156]]

reported in Schedule RC, item 10.a, to a recaptioned item 2.b on 
Schedule RC-M. The agencies also propose to reduce the reporting 
frequency for items 9 (Web site transactional capability), 14.a 
(captive insurance subsidiary assets), and 14.b (captive reinsurance 
subsidiary assets) from quarterly to annual (December 31), as the 
agencies no longer need these data in the Call Report as frequently.
---------------------------------------------------------------------------

    \19\ As explained in the description of the proposed revisions 
to Schedule RC of the FFIEC 031, existing item 2.b of Schedule RC-M 
would be replaced by a revised item 2.b for reporting goodwill.
---------------------------------------------------------------------------

Schedule RC-N
    For the FFIEC 031, the agencies propose to reduce the reporting 
frequency of Memorandum items 7 and 8 on nonaccrual assets and 
Memorandum items 9.a and 9.b on purchased credit-impaired loans from 
quarterly to semiannual (June 30 and December 31), as the agencies no 
longer need these data in the Call Report as frequently. In connection 
with this proposed change, Memorandum items 7 and 8 would collect data 
on additions to nonaccrual assets and nonaccrual asset sales, 
respectively, during the preceding six months rather than the preceding 
quarter as at present.

D. Additional Proposed Revisions to All Versions of the Call Report

1. Instructional Revision for the Reporting of Assets as ``Past Due''
    Under the current Call Report instructions, 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 in Schedule RC-N, Past Due and Nonaccrual Loans, 
Leases, and Other Assets, when the borrower is in arrears two or more 
monthly payments. This has been interpreted to mean that a loan is to 
be reported as past due if two monthly payments have not been received 
by the close of business on the due date of the second monthly payment. 
Similarly, the Call Report instructions provide that open-end credit 
such as credit cards, 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. The instructions also 
provide that, at an institution's option, loans and leases with 
payments scheduled monthly may be reported as past due when one 
scheduled payment is due and unpaid for 30 days or more.
    The agencies note there is an existing widely used industry 
standard, known as the Mortgage Bankers Association (MBA) method, which 
provides that loans with payments scheduled monthly become 30 days past 
due if a monthly payment is not received by the end of the day 
immediately preceding the loan's next due date. The agencies understand 
that the MBA method is used by most major mortgage data repositories, 
including the three major credit bureaus and two major mortgage loan 
data processing service bureaus used by institutions. The MBA method is 
also used by reporting forums such as the MBA, McDash Analytics, and 
the OCC Mortgage Metrics Reports.
    Therefore, to promote the use of a consistent standard in the 
industry and reduce the burden for certain institutions calculating 
past-due loans under two methods, i.e., one method for Call Report 
purposes and a different method for other reporting purposes, the 
agencies propose to modify the definition of ``past due'' for 
regulatory reporting purposes that is currently contained in the 
general instructions of Schedule RC-N to align with the MBA method.\20\ 
Specifically, closed-end installment loans, amortizing loans secured by 
real estate, and any other loans and lease financing receivables with 
payments scheduled monthly, as well as open-end credit such as credit 
cards, check credit, and other revolving credit plans with payments 
scheduled monthly, would be reported as past due in Schedule RC-N if a 
payment is not received by the end of the day immediately preceding the 
loan's next payment due date. For institutions with consolidated assets 
of more than $50 billion, the agencies estimate that using the MBA 
method to report loans as 30 through 89 day past due in the Call Report 
would have resulted in approximately $15 billion in additional loans 
being reported as past due as of December 31, 2015, compared to the 
amount of loans reported as past due in accordance with the current 
Call Report instructions.
---------------------------------------------------------------------------

    \20\ Aligning the instructions with the MBA method would also 
remove the existing option for monthly payment loans and leases 
under which such loans may be reported as past due when one 
scheduled payment is due and unpaid for 30 days.
---------------------------------------------------------------------------

    The following are examples of the application of this proposed 
revised past due definition:
     A monthly loan payment is due April 1. With no payment 
received by the end of the day on April 30, which is the day 
immediately preceding the loan's next payment due date, the loan would 
be considered 30 days past due for reporting purposes as of April 30. 
With no monthly payment received by May 31, the loan would be 61 days 
past due as of May 31. With no monthly payment received by June 30, the 
loan would be 91 days past due as June 30. For the June 30 Call Report, 
this loan would be reported in the 90 days or more past due category 
(unless it had been placed in nonaccrual status).
     A monthly loan payment is due April 15. With no payment 
received by April 30, the loan is not a full month past due, so it 
would not be considered past due for regulatory reporting purposes 
until May 14, which is the day immediately preceding the loan's next 
payment due date. The loan will be 46 days past due if payment has not 
been received as of May 31 and 76 days past due if payment has not been 
received as of June 30. For the June 30 Call Report, this loan would be 
reported in the 30 through 89 days past due category (unless it had 
been placed in nonaccrual status).
    The agencies believe that aligning the Call Report method for 
determining past due status with an accepted industry standard for 
determining past due status (i.e., the MBA method) would lessen the 
burden imposed on institutions that maintain two separate processes for 
reporting loan delinquencies. Further, the agencies believe that 
consistent reporting on the past due status of loans is increasingly 
important as institutions plan their implementation of a new accounting 
standard on credit losses.
    The agencies invite comment on any difficulties that institutions 
would encounter in applying this proposed modified past due definition 
beginning as of the March 31, 2018, report date.
2. Proposed Call Report Revisions To Address Changes in Accounting for 
Equity Investments
    In January 2016, the Financial Accounting Standards Board (FASB) 
issued ASU 2016-01, ``Recognition and Measurement of Financial Assets 
and Financial Liabilities.'' In its summary of this ASU, the FASB 
described how one of the main provisions of the ASU differs from 
current U.S. generally accepted accounting principles (GAAP) as 
follows:

    The amendments in this Update supersede the guidance to classify 
equity securities with readily determinable fair values into 
different categories (that is, trading or available-for-sale) and 
require equity securities (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. An entity's equity 
investments that are accounted for under the equity method of 
accounting or result in consolidation of an investee are not 
included within the scope of this Update.

    The FASB further stated in the summary that ``an entity may choose 
to measure equity investments that do not

[[Page 29157]]

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 must apply ASU 2016-01 for Call Report purposes in 
accordance with the effective dates set forth in the ASU. 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 Call 
Report for March 31, 2018. For all other institutions, the ASU 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 
Call Report for December 31, 2019.
    One outcome of the change in accounting for equity investments 
under ASU 2016-01 is the elimination of the concept of available-for-
sale (AFS) equity securities, which are measured at fair value on the 
balance sheet with changes in fair value recognized through other 
comprehensive income. At present, the historical cost and fair value of 
AFS equity securities, i.e., investments in mutual funds and other 
equity securities with readily determinable fair values that are not 
held for trading, are reported in Call Report Schedule RC-B, item 7, 
columns C and D, respectively. The total fair value of AFS securities, 
which includes both debt and equity securities, is then carried forward 
to the Call Report balance sheet and reported in Schedule RC, item 2.b. 
In the FFIEC 041 and FFIEC 031 Call Reports, the total fair value of 
AFS securities reported in Schedule RC, item 2.b, also is reported in 
item 1, column A, of Schedule RC-Q, Assets and Liabilities Measured at 
Fair Value on a Recurring Basis, by institutions required to complete 
this schedule.\21\ These institutions then report in columns C, D, and 
E of item 1 a breakdown of their AFS debt securities by the level in 
the fair value hierarchy within which the fair value amounts of these 
securities fall (Level 1, 2, or 3). Any balance sheet netting 
adjustments to these fair value amounts are reported in column B of 
item 1.
---------------------------------------------------------------------------

    \21\ Schedule RC-Q is to be completed by (1) institutions that 
had total assets of $500 million or more as of the beginning of 
their fiscal year and (2) other institutions that either have 
elected to report financial instruments or servicing assets and 
liabilities at fair value under a fair value option or are required 
to complete Schedule RC-D, Trading Assets and Liabilities. Schedule 
RC-Q is not included in the FFIEC 051 Call Report.
---------------------------------------------------------------------------

    In addition, the total fair value of AFS securities is reported in 
Schedule RC-R, Part II, for risk-weighting purposes under the agencies' 
regulatory capital rules. This fair value amount is reported in 
Schedule RC-R, Part II, item 2.b, column A, except for the fair value 
of those AFS securities that qualify as securitization exposures, which 
is reported in Schedule RC-R, Part II, item 9.b, column A. To the 
extent appropriate under the regulatory capital rules, adjustments to 
the fair values reported in column A of items 2.b and 9.b are reported 
in column B. The adjusted amount in item 2.b is then allocated to the 
appropriate risk-weight category in columns C through N. The adjusted 
amount of AFS securitization exposures in item 9.b is reported by risk-
weight category in column Q or by risk-weighted asset amount in column 
T or U based on the risk-weighting approach or approaches applied by an 
institution.
    At present, the accumulated balance of the unrealized gains 
(losses) on AFS equity securities, net of applicable income taxes, that 
have been recognized through other comprehensive income is included in 
accumulated other comprehensive income (AOCI), which is reported in the 
equity capital section of the Call Report balance sheet in Schedule RC, 
item 26.b. With the elimination of AFS equity securities on the 
effective date of ASU 2016-01, the net unrealized gains (losses) on 
these securities that had been included in AOCI will be reclassified 
(transferred) from AOCI into the retained earnings component of equity 
capital, which is reported on the Call Report balance sheet in Schedule 
RC, item 26.a. After the effective date, changes in the fair value of 
(i.e., the unrealized gains and losses on) an institution's equity 
securities that would have been classified as AFS had the previously 
applicable accounting standards remained in effect will be recognized 
through net income rather than other comprehensive income.
    The effect of the elimination of AFS equity securities as a 
distinct asset category upon institutions' implementation of ASU 2016-
01 carries over to the agencies' regulatory capital rules. Under these 
rules, institutions that are eligible to and have elected to make the 
AOCI opt-out election deduct net unrealized losses on AFS equity 
securities from common equity tier 1 capital and include 45 percent of 
pretax net unrealized gains on AFS equity securities in tier 2 capital. 
For purposes of reporting regulatory capital components and ratios in 
the Call Report, the deduction of these net unrealized losses is 
currently effected through the combination of Schedule RC-R, Part I, 
items 9.a, ``LESS: Net unrealized gains (losses) on available-for-sale 
securities,'' and 9.b, ``LESS: Net unrealized loss on available-for-
sale preferred stock classified as an equity security under GAAP and 
available-for-sale equity exposures.'' The inclusion of 45 percent of 
pretax net unrealized gains in tier 2 capital currently occurs through 
the reporting of this percentage of an institution's gains in Schedule 
RC-R, Part I, item 31, ``Unrealized gains on available-for-sale 
preferred stock classified as an equity security under GAAP and 
available-for-sale equity exposures includable in tier 2 capital.'' 
When ASU 2016-01 takes effect and the classification of equity 
securities as AFS is eliminated for accounting and reporting purposes 
under U.S. GAAP, the concept of unrealized gains and losses on AFS 
equity securities will likewise cease to exist.
    Another outcome of the change in accounting for equity investments 
under ASU 2016-01 is that equity securities and other equity 
investments without readily determinable fair values that are within 
the scope of ASU 2016-01 and are not held for trading must be measured 
at fair value through net income, rather than at cost (less impairment, 
if any), unless the measurement election described above is applied to 
individual equity investments. In general, institutions currently 
report their holdings of such equity securities without readily 
determinable fair values as a category of other assets in Call Report 
Schedule RC-F, item 4. The total amount of an institution's other 
assets is reported on the Call Report balance sheet in Schedule RC, 
item 11.
    At present, AFS equity securities and equity investments without 
readily determinable fair values are included in the quarterly averages 
reported in Schedule RC-K. Institutions report the quarterly average 
for ``All other securities'' in item 4 of this schedule and this 
average reflects AFS equity securities at historical cost. A quarterly 
average for total assets is reported in item 9 of Schedule RC-K. Among 
its uses, average total assets serves as the starting point for 
determining the denominator for the tier 1 leverage ratio under the 
agencies' regulatory capital rules. The quarterly average for total 
assets currently reflects AFS equity securities at the lower of cost or 
fair

[[Page 29158]]

value and equity securities without readily determinable fair values at 
historical cost.
    Finally, institutions with foreign offices report the fair value of 
their AFS equity securities in domestic offices and the historical cost 
of their equity securities without readily determinable fair values in 
domestic offices in Schedule RC-H, items 16 and 18, respectively, of 
the FFIEC 031 Call Report. The domestic office holdings of these equity 
securities are components of the AFS equity securities and equity 
securities without readily determinable fair values reported on a 
consolidated basis in Schedule RC-B, item 7, and Schedule RC-F, item 4, 
respectively.
    The agencies have considered the changes to the accounting for 
equity investments under ASU 2016-01 and the effect of these changes on 
the manner in which data on equity securities and other equity 
investments is currently reported in the Call Report. The agencies also 
note that, because of the different effective dates for ASU 2016-01 for 
public business entities and all other entities, as well as the varying 
fiscal years across the population of institutions that file Call 
Reports, the period over which institutions will be implementing this 
ASU ranges from the first quarter of 2018 through the fourth quarter of 
2020. December 31, 2020, will be the first quarter-end Call Report date 
as of which all institutions would be required to prepare their Call 
Reports in accordance with ASU 2016-01. As a result, the agencies are 
proposing revisions to the reporting of information on equity 
securities and other equity investments in response to the ASU that 
would be introduced in the Call Report effective March 31, 2018, but 
would not be fully phased in until the Call Report for December 31, 
2020. In developing these proposed Call Report revisions, the agencies 
have followed the guiding principles for evaluating potential additions 
and deletions of Call Report data items and other revisions to the Call 
Report identified in Section I above. In following these principles, 
the agencies have sought to limit the number of data items being added 
to the Call Report to address the changes in accounting for equity 
securities and other equity investments.
    The proposed Call Report revisions related to equity securities are 
as follows:
    (1) To provide transparency to the effect of unrealized gains and 
losses on equity securities not held for trading on an institution's 
net income during the year-to-date reporting period in Schedule RI, 
Income Statement, and to clearly distinguish these gains and losses 
from the rest of an institution's income (loss) from its continuing 
operations, Schedule RI, item 8, would be revised effective March 31, 
2018, by creating new items 8.a, ``Income (loss) before unrealized 
holding gains (losses) on equity securities not held for trading, 
applicable income taxes, and discontinued operations,'' and 8.b, 
``Unrealized holding gains (losses) on equity securities not held for 
trading.'' In addition to unrealized holding gains (losses) during the 
year-to-date reporting period on such equity securities with readily 
determinable fair values, institutions also would report in proposed 
new item 8.b the year-to-date changes in the carrying amounts of equity 
investments without readily determinable fair values not held for 
trading (i.e., unrealized holding gains (losses) for those measured at 
fair value through earnings; impairment, if any, plus or minus changes 
resulting from observable price changes for those equity investments 
for which this measurement election is made). Existing Schedule RI, 
item 8, ``Income (loss) before applicable income taxes and discontinued 
operations,'' would be renumbered as item 8.c, and would be the sum of 
items 8.a and 8.b. From March 31, 2018, through September 30, 2020, the 
instructions for item 8.b and the reporting form for Schedule RI would 
include guidance stating that item 8.b is to be completed only by 
institutions that have adopted ASU 2016-01. Institutions that have not 
adopted ASU 2016-01 would leave item 8.b blank when completing Schedule 
RI. Finally, from March 31, 2018, through September 30, 2020, the 
instructions for Schedule RI, item 6.b, ``Realized gains (losses) on 
available-for-sale securities,'' and the reporting form for Schedule RI 
would include guidance stating that, for institutions that have adopted 
ASU 2016-01, item 6.b includes realized gains (losses) only on AFS debt 
securities. Effective December 31, 2020, the caption for item 6.b would 
be revised to ``Realized gains (losses) on available-for-sale debt 
securities.''
    (2) On the FFIEC 031, certain institutions with foreign offices 
must complete Schedule RI-D, Income from Foreign Offices. As stated in 
the instructions for Schedule RI-D, ``[f]or the most part, the income 
and expense items in Schedule RI-D mirror categories of income and 
expense reported in Schedule RI.'' However, Schedule RI-D collects much 
less detail on an institution's income and expense than Schedule RI. 
The instructions for Schedule RI would be revised effective March 31, 
2018, to indicate that, for institutions that have adopted ASU 2016-01, 
the amount of unrealized holding gains (losses) on equity securities 
not held for trading in foreign offices that is included in Schedule 
RI, item 8.b, should be reported in Schedule RI-D, item 5, ``Realized 
gains (losses) on held-to-maturity and available-for-sale securities in 
foreign offices.'' Effective December 31, 2020, the caption for item 5 
would be revised to ``Realized gains (losses) on held-to-maturity and 
available-for-sale debt securities and unrealized holding gains 
(losses) on equity securities not held for trading in foreign 
offices.''
    (3) In Schedule RC, Balance Sheet, a new item 2.c, ``Equity 
securities with readily determinable fair values not held for 
trading,'' would be added effective March 31, 2018. From March 31, 
2018, through September 30, 2020, the instructions for item 2.c and the 
reporting form for Schedule RC would include guidance stating that item 
2.c is to be completed only by institutions that have adopted ASU 2016-
01. Institutions that have not adopted ASU 2016-01 would leave item 2.c 
blank. During this period, the instructions for Schedule RC, item 2.b, 
``Available-for-sale securities,'' would explain that institutions that 
have adopted ASU 2016 01 should include only debt securities in item 
2.b. Effective December 31, 2020, the caption for item 2.b would be 
revised to ``Available-for-sale debt securities'' and all institutions 
would report their holdings of equity securities with readily 
determinable fair values not held for trading in item 2.c.
    (4) In Schedule RC-B, Securities, item 7, ``Investments in mutual 
funds and other equity securities with readily determinable fair 
values,'' would be removed effective December 31, 2020. From March 31, 
2018, through September 30, 2020, the instructions for item 7 and the 
reporting form for Schedule RC-B would include guidance stating that 
item 7 is to be completed only by institutions that have not adopted 
ASU 2016-01. Institutions that have adopted ASU 2016-01 would leave 
item 2.c blank.
    (5) In Schedule RC-F, Other Assets, the caption for item 4 would be 
changed from ``Equity securities that DO NOT have readily determinable 
fair values'' to ``Equity investments without readily determinable fair 
values'' effective March 31, 2018. The types of equity securities and 
other equity investments currently reported in item 4 would continue to 
be reported in this item. However, after the effective date of ASU 
2016-01 for an institution, the securities the institution reports in 
item 4 would

[[Page 29159]]

be measured in accordance with the ASU.
    (6) In Schedule RC-H, Selected Balance Sheet Items for Domestic 
Offices, of the FFIEC 031, item 16, ``Investments in mutual funds and 
other equity securities with readily determinable fair values,'' would 
be removed effective December 31, 2020, and the caption for item 17 
would be changed from ``Total held-to-maturity and available-for-sale 
securities (sum of items 10 through 16)'' to ``Total held-to-maturity 
and available-for-sale debt securities (sum of items 10 through 15).'' 
From March 31, 2018, through September 30, 2020, the instructions for 
item 16 and the reporting form for Schedule RC-H would include guidance 
stating that item 16 is to be completed only by institutions that have 
not adopted ASU 2016-01. Institutions that have adopted ASU 2016-01 
would leave item 16 blank. In addition, effective March 31, 2018, item 
18, ``Equity securities that do not have readily determinable fair 
values,'' would be replaced by item 18.a, ``Equity securities with 
readily determinable fair values,'' and item 18.b, ``Equity investments 
without readily determinable fair values.'' From March 31, 2018, 
through September 30, 2020, the instructions for item 18.a and the 
reporting form for Schedule RC-H would include guidance stating that 
item 18.a is to be completed only by institutions that have adopted ASU 
2016-01. Institutions that have not adopted ASU 2016-01 would leave 
item 18.a blank. The types of equity securities and other equity 
investments without readily determinable fair values that are currently 
reported in item 18 would be reported in item 18.b.
    (7) In Schedule RC-K, Quarterly Averages, the caption for item 4, 
``All other securities,'' would be changed to ``All other debt 
securities and equity securities with readily determinable fair values 
not held for trading purposes'' effective March 31, 2018. From March 
31, 2018, through September 30, 2020, the instructions for item 4 and 
the reporting form for Schedule RC-K would include guidance indicating 
that, for institutions that have adopted ASU 2016-01, the quarterly 
average for equity securities with readily determinable fair values 
should be based on fair value and, for institutions that have not 
adopted ASU 2016-01, the quarterly average for such equity securities 
(i.e., AFS equity securities) should be based on historical cost. 
Effective December 31, 2020, this guidance would indicate that the 
quarterly average for equity securities with readily determinable fair 
values not held for trading should be based on fair value, which would 
apply to all institutions. In addition, for Schedule RC-K, item 9, 
``Total assets,'' the instructions for this item and the Schedule RC-K 
reporting form would include guidance from March 31, 2018, through 
September 30, 2020, stating that, for purposes of reporting the 
quarterly average for total assets:
     Institutions that have adopted ASU 2016-01 should reflect 
the quarterly average for equity securities with readily determinable 
fair values at fair value and the quarterly average for equity 
securities without readily determinable fair values at their balance 
sheet carrying amounts (i.e., fair value or, if elected, cost minus 
impairment, if any, plus or minus changes resulting from observable 
price changes), and
     Institutions that have not adopted ASU 2016-01 should 
reflect the quarterly average for equity securities with readily 
determinable fair values at the lower of cost or fair value and the 
quarterly average for equity securities without readily determinable 
fair values at historical cost.
    Then, effective December 31, 2020, the instructions for item 9 and 
the Schedule RC-K reporting form would indicate that, for equity 
securities not held for trading, the quarterly average for total assets 
should reflect such securities with readily determinable fair values at 
fair value and those without readily determinable fair values at their 
balance sheet carrying amounts.
    (8) In Schedule RC-Q on the FFIEC 041 and FFIEC 031, the caption 
for item 1, ``Available-for-sale securities,'' would be changed to 
``Available-for-sale debt securities and equity securities with readily 
determinable fair values not held for trading purposes'' effective 
March 31, 2018. From March 31, 2018, through September 30, 2020, the 
instructions for item 1 and the reporting form for Schedule RC-Q would 
include guidance stating that, for institutions that have adopted ASU 
2016-01, the amount reported in item 1, column A, must equal the sum of 
Schedule RC, items 2.b and 2.c, and for institutions that have not 
adopted ASU 2016-01, the amount reported in item 1, column A, must 
equal Schedule RC, item 2.b. Effective December 31, 2020, this guidance 
would indicate that the amount reported in item 1, column A, must equal 
the sum of Schedule RC, items 2.b and 2.c.
    (9) In Schedule RC-R, Part I, Regulatory Capital Components and 
Ratios, the instructions for item 9.a and the Schedule RC-R reporting 
form would include guidance from March 31, 2018, through September 30, 
2020, stating that, for institutions that have not adopted ASU 2016-01, 
item 9.a should include net unrealized gains (losses) on AFS debt and 
equity securities and, for institutions that have adopted the ASU, item 
9.a should include net unrealized gains (losses) on AFS debt 
securities. During this same period, the instructions for item 9.b and 
the Schedule RC-R reporting form would include guidance indicating that 
item 9.b is to be completed only by institutions that have not adopted 
ASU 2016-01. Effective December 31, 2020, item 9.b would be removed and 
the caption for item 9.a would be revised to ``LESS: Net unrealized 
gains (losses) on available-for-sale debt securities.'' In addition, 
from March 31, 2018, through September 30, 2020, the instructions for 
Schedule RC-R, Part I, item 31, and the Schedule RC-R reporting form 
would include guidance indicating that item 31 is to be completed only 
by institutions that have not adopted ASU 2016-01. During this period, 
institutions that have adopted the ASU would leave item 31 blank. Then, 
effective December 31, 2020, item 31 would be removed from Schedule RC-
R, Part I.
    (9) In Schedule RC-R, Part II, Risk-Weighted Assets, revisions 
would be made to item 2 that correspond to those made to Schedule RC, 
item 2. A new item 2.c, ``Equity securities with readily determinable 
fair values not held for trading,'' would be added to Schedule RC-R, 
Part II, effective March 31, 2018. Applicable risk weights for new item 
2.c would be 100 percent, 250 percent, 300 percent, and 600 percent; 
amounts also could be reported in columns R and S. From March 31, 2018, 
through September 30, 2020, the instructions for item 2.c and the 
reporting form for Schedule RC-R, Part II, would include guidance 
stating that item 2.c is to be completed only by institutions that have 
adopted ASU 2016-01. During the same period, the instructions for 
Schedule RC-R, Part II, item 2.b, ``Available-for-sale securities,'' 
would explain that institutions that have adopted ASU 2016-01 should 
include only debt securities in this item. Effective December 31, 2020, 
the caption for item 2.b would be revised to ``Available-for-sale debt 
securities'' and the 250 percent, 300 percent, and 600 percent risk 
weights plus columns R and S would be removed from item 2.b.

IV. Timing

    The proposed changes in this notice would be effective beginning 
with the March 31, 2018, Call Report. The agencies are considering 
whether some or all of the changes proposed in Sections III.A through 
III.C instead should become effective with the

[[Page 29160]]

December 31, 2017, Call Report to provide burden relief at an earlier 
date. However, the agencies recognize that it could be more burdensome 
for institutions to implement revisions at year-end rather than in the 
first quarter of the year.
    For the March 31, 2018, report date or any earlier effective date, 
as applicable, institutions may provide reasonable estimates for any 
new or revised Call Report data item initially required to be reported 
as of that date for which the requested information is not readily 
available. The specific wording of the captions for the new or revised 
Call Report data items discussed in this proposal and the numbering of 
these data items should be regarded as preliminary.

V. Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comment is specifically invited on:
    (a) Whether institutions prefer the agencies' approach to implement 
all the revisions as of March 31, 2018, or whether institutions would 
prefer an earlier implementation date for some or all of the revisions 
proposed in Sections III.A through III.C of this notice;
    (b) Whether the proposed revisions to the collections of 
information that are the subject of this notice are necessary for the 
proper performance of the agencies' functions, including whether the 
information has practical utility;
    (c) The accuracy of the agencies' estimates of the burden of the 
information collections as they are proposed to be revised, including 
the validity of the methodology and assumptions used;
    (d) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (e) Ways to minimize the burden of information collections on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    (f) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Comments submitted in response to this joint notice will be shared 
among the agencies. All comments will become a matter of public record.

Appendix A

Summary of the FFIEC Member Entities' Uses of the Data Items in the 
Call Report Schedules in the Portion of the User Surveys Evaluated in 
the Development of This Proposal

Schedule RI-D (Income from Foreign Offices) [FFIEC 031 only]

    Schedule RI-D collects data on income from foreign offices. 
Collectively, the data are used in country and currency risk 
analyses to monitor the level, trend, quality and sustainability of 
the income component of foreign offices. These data help support a 
variety of examination activities that include, but are not limited 
to, earnings and yield analysis, asset securitizations, core 
assessment, price risk, and trading. Quarterly data also improve the 
offsite monitoring of trading and asset management activities. Data 
on investment banking, advisory, brokerage, and underwriting fees 
and commissions are used to track the global asset management 
activities of institutions with foreign offices. The global presence 
of these activities adds to the complexity of the asset management 
business conducted by financial institutions and this information is 
continually monitored to detect potential shifts in business models. 
It also serves as one component of measurement of the degree of 
global interconnectedness and systemic risk.

Schedule RI-E (Explanations)

    Schedule RI-E collects explanations for items that significantly 
contribute to the total amounts reported for other noninterest 
income and other noninterest expense. Since other noninterest income 
makes up almost half of total noninterest income and other 
noninterest expense makes up approximately 40 percent of noninterest 
expense on an aggregate basis for all filers of the Call Report, 
data on the composition of each of these income statement data items 
is essential to understanding what is driving the level of and 
changes over time in these data items at individual institutions. 
The stratification of the information in this schedule allows for 
identification of potential unusual sources of changes in earnings 
that affect trend analyses. This information is particularly 
important for identifying losses of an unusual or nonrecurring 
nature when an institution is in a stressed condition, which was 
evident during the recent financial crisis. This stratified 
noninterest income and expense information continues to be critical 
in understanding the causes of swings in an institution's 
profitability.
    Schedule RI-E also collects descriptive information on 
discontinued operations, significant adjustments to the allowance 
for loan and lease losses (ALLL), accounting changes and error 
corrections, and certain capital transactions with stockholders. 
These data items provide the agencies and their examiners better 
insight on factors driving changes in net income and the ALLL (due 
to sources other than provisions, charge-offs, and recoveries), 
along with nonrecurring types of changes in institutions' equity 
capital.
    The detailed breakdown of components of other noninterest income 
in excess of the Schedule RI-E reporting threshold is essential to 
the Consumer Financial Protection Bureau's (CFPB) understanding of 
the viability of institutions' offerings of consumer services 
regulated by the CFPB. This information provides unique insights 
into institutions' reliance on key revenue streams that can impact 
consumer access to and the availability of services. These streams 
include bank and credit card interchange, income and fees from 
automated teller machines, and institution-described components of 
other noninterest income. This information also helps the CFPB 
monitor trends in the consumer marketplace. Similarly, the detailed 
breakdown of other noninterest expense facilitates the CFPB's 
ability to conduct statutorily-required cost analyses for 
rulemakings and other policy endeavors.

Schedule RC-B (Securities)

    Information collected on Schedule RC-B is essential for 
assessment of liquidity risk, market risk, interest rate risk, and 
credit risk. Specifically, information on held-to-maturity, 
available-for-sale, and pledged securities is critical for analysis 
of the institution's ability to manage short-term financial 
obligations without negatively impacting capital or income 
(liquidity risk), and risk of loss due to market movements (market 
risk). Maturity and repricing information on debt securities 
collected in the Memorandum items on Schedule RC-B, together with 
the maturity and repricing information collected in other schedules 
for other types of assets and liabilities, is critical for the 
assessment of the risk to an institution from changes in interest 
rates (interest rate risk), and also contributes to the evaluation 
of liquidity. Thus, the maturity and repricing information collected 
throughout the Call Report also aids in evaluating the strategies 
institutions take to mitigate liquidity and interest rate risks. 
Liquidity and interest rate risk indicators that are calculated by 
agency models from an institution's Call Report data and exceed 
specified parameters or change significantly between examinations 
are red flags that call for timely examiner off-site review.
    In this regard, the reported amount of debt securities with a 
remaining maturity of one year or less is a key input into the 
calculation of an institution's short-term assets that, when 
analyzed in conjunction with non-core funding data, can indicate the 
extent to which the institution is relying on short-term funding to 
fund longer-term assets, which presents an exposure to liquidity 
risk. Further, liquidity risk inputs into agency models that vary by 
type of security provide examiners the ability to customize and 
apply liquidity stress tests. Extensive back testing has shown that 
the liquidity risk inputs for securities contain substantial 
forward-looking information by which to ascertain the likelihood 
that an institution would be able to avoid significant liquidity 
problems in a stressed environment.
    As another example, agency models that consider both the 
amortized cost and fair value of held-to-maturity and available-for-
sale securities reported in Schedule RC-B are used for off-site 
monitoring of interest rate risk to identify individual institutions 
that

[[Page 29161]]

may be significantly exposed to rising interest rates. Individual 
types of securities from Schedule RC-B are grouped into major 
categories for purposes of performing duration-based analyses of 
potential investment portfolio depreciation for both severe and more 
moderate interest rate increases. The Schedule RC-B data for these 
groupings of securities, together with Call Report data for other 
types of balance sheet assets and liabilities, also serve as inputs 
to quarterly duration-based estimates of potential changes in fair 
values for the overall balance sheet in response to various 
forecasted interest rate changes. Outlier institutions identified by 
these models are the subject of prompt supervisory follow-up to 
address their interest rate risk exposure.
    The institution's risk profile in these areas is considered 
during pre-examination planning to determine the appropriate scoping 
and staffing for examinations. For example, the quarterly reporting 
of the Call Report information on held-to-maturity and available-
for-sale securities also aids in the identification of low-risk 
areas prior to on-site examinations, allowing the agencies to 
improve the allocation of their supervisory resources and increase 
the efficiency of supervisory assessments, which reduces the scope 
of examinations in these areas, thereby reducing regulatory burden.
    Information on the amortized cost and fair value of the 
securities portfolio allows for measurement of depreciation/
appreciation, which is important for assessing the potential impact 
that unrealized gains and losses may have on earnings and liquidity. 
Unrealized gains and losses on available-for-sale equity securities 
and, for certain institutions, unrealized gains and losses on 
available-for-sale debt securities are an integral input into 
regulatory capital calculations. Furthermore, because the amount of 
unrealized gains and losses on both held-to-maturity and available-
for-sale debt securities is an indicator of risk in the debt 
securities portfolio, it also is a key factor in examiners' 
qualitative assessments of capital adequacy.
    Data showing significant depreciation in specific types of 
securities not issued or guaranteed by the U.S. government or its 
agencies can signal an institution's failure to properly evaluate 
the existence of other-than-temporary impairments arising from 
credit losses and other factors. Similarly, data on year-to-date 
sales and transfers of held-to-maturity securities is a basis for 
off-site or on-site follow-up by examiners to determine whether the 
reasons for these transactions are acceptable under U.S. GAAP or 
have resulted in the tainting of this securities portfolio. In 
addition, the reporting of debt securities by security type is 
important to identify concentrations in higher risk types of 
investments, which may have greater liquidity and/or credit risk 
than other types of securities. Information on investments in 
securities issued by states and political subdivisions in the United 
States is used by many state regulatory agencies as a starting point 
for monitoring compliance with certain state municipal investment 
regulations. The amortized cost and fair value of held-to-maturity 
and available-for-sale debt securities, respectively, for certain 
types of securities as well as the fair value of all U.S. Treasury 
and Government agency securities are used in the risk-based premium 
deposit insurance pricing methodology for large institutions and 
highly complex institutions.

Schedule RC-D (Trading Assets and Liabilities) [FFIEC 031 and FFIEC 
041 only]

    Schedule RC-D collects information on trading activity from 
institutions with more than a limited amount of trading assets in 
recent quarters. Trading assets are segmented into detailed 
securities and loan categories. Trading liabilities separately cover 
liability for short positions and other trading liabilities. The 
schedule's Memorandum items request additional information, 
including the unpaid principal balance of loans and the fair value 
of structured financial products and asset-backed securities held 
for trading purposes.
    The information contained in Schedule RC-D is used to assess the 
overall composition of the institution's trading portfolio and also 
provides detailed information to evaluate the liquidity, credit, and 
interest rate risk within the trading portfolio, which impacts the 
overall risk profile of the institution. Data on the types of 
trading assets held by an institution--such as U.S. Treasury 
securities versus structured financial products versus commercial 
and industrial loans, for example--serve as a barometer of the 
relative levels of these risks in the trading portfolio. Regarding 
liquidity risk, the higher the level of more liquid assets an 
institution has within its trading portfolio, the more financial 
flexibility it has if faced with uncertainties or unfavorable market 
conditions. If an institution has a low level of liquid assets 
within its trading portfolio, this impacts its ability to rapidly 
adjust its holdings in response to adverse market movements. 
Information on the volume and composition of trading assets and how 
it has changed over recent quarters also can provide insight into an 
institution's trading strategies and its views on market trends. The 
assessment of trading portfolio composition and risks enters into 
pre-examination planning to determine the appropriate scoping and 
staffing for examinations of institutions engaged in trading 
activities.
    Furthermore, data on securities and loans held for trading are 
combined with data on securities and loans held for investment, as 
reported in Schedule RC-B and Schedule RC-C, Part I, to benchmark 
weekly loan and security data collected by the Board from a sample 
of both small and large institutions. These weekly data are used to 
estimate weekly measures of extension of credit for the banking 
sector as a whole to provide a more timely input for purposes of 
monitoring the macroeconomy.
    Information on mortgage-backed securities and mortgage loans 
held for trading assisted the CFPB's efforts to develop required 
estimates for various Title XIV mortgage reform rulemakings under 
the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. 
L. 111-203). Going forward, data items from this schedule and 
Schedules RC-B and RC-C, Part I, are critical for continuous 
monitoring of the mortgage market. The CFPB uses these items to 
understand the intricacies of the mortgage market that are essential 
to assessing institutional participation in regulated consumer 
financial services markets and to assess regulatory impact 
associated with recent and proposed policies, as required by that 
agency's statutory mandate.

Schedule RC-K (Quarterly Averages)

    Average quarterly asset and liability information is essential 
to the ability of the FFIEC member entities to more appropriately 
evaluate the performance of individual institutions. Quarterly 
average data from Schedule RC-K also provide important information 
at the industry level for policy review at FFIEC member entities.
    The average data reported in Schedule RC-K are used in 
conjunction with income and expense information from Schedule RI to 
calculate yields and costs for the corresponding categories of 
assets and liabilities. These ratios are presented in the Uniform 
Bank Performance Report (UBPR) where they are used as a tool by 
examiners, both on- and off-site, to monitor and evaluate trends 
related to an institution's earnings and capital. These ratios also 
help the agencies identify trends across the banking industry. 
Important ratios derived from quarterly average data include, but 
are not limited to, earnings ratios (e.g., return on average assets, 
overhead ratio, and net interest margin) and the leverage capital 
ratio.
    The granularity of the data in Schedule RC-K assists in 
analyzing performance within a bank's asset and liability 
portfolios. Quarterly average balances allow for better analyses of 
trends in the composition of an institution's assets and liabilities 
than is possible from comparisons of quarter-end data, which may be 
affected by fluctuations related to seasonality or abnormal levels 
of activity at period-end. The detailed average data used to 
calculate the yield on specific types of interest-earning assets 
helps examination teams understand the impact of credit quality on 
the earnings performance of particular loan portfolios. Where an 
institution's yields on particular types of loans exceed those of 
its peers, this warrants examiner scrutiny to determine whether this 
outcome is a result of the institution's origination or purchase of 
lower credit quality loans. In addition, the data on the cost of 
funds by funding type is important in assessing the funding mix at 
the institution level for oversight purposes. Higher costs for 
particular types of deposits or other liabilities compared to these 
costs at an institution's peers also warrants examiner review to 
determine whether the institution is making greater use of more 
volatile non-core funding sources. The yield on interest-earning 
assets and cost of funds also gives insight into the effectiveness 
of an institution's plans and initiatives related to asset/liability 
mix, liquidity, and interest rate risk strategies and their 
resulting impact on earnings. These performance ratios are essential 
to the consideration of an institution's earnings during pre-
examination planning to determine the appropriate scoping of this 
area, particularly because earnings is

[[Page 29162]]

evaluated and rated as part of the CAMELS rating system.\22\
---------------------------------------------------------------------------

    \22\ CAMELS is an acronym that represents the ratings from six 
essential components of an institution's financial condition and 
operations: Capital adequacy, asset quality, management, earnings, 
liquidity, and sensitivity to market risk. These components 
represent the primary areas evaluated by examiners during 
examinations of institutions.
---------------------------------------------------------------------------

Schedule RC-L (Derivatives and Off-Balance-Sheet Items)

    Schedule RC-L provides data on off-balance sheet assets and 
liabilities as well as derivatives contracts. The quarterly 
reporting of all off-balance sheet items in the Call Report is 
required by law (12 U.S.C. 1831n(a)(3)(C)). The most recent 
financial crisis emphasized the importance of identifying and 
monitoring significant exposures arising from any contingent or off-
balance sheet liabilities and the effect of these exposures on an 
institution's overall risk profile. The granular data on components 
of off-balance sheet items, as well as derivatives data, assist the 
banking agencies in ensuring the safety and soundness of financial 
institutions through both off-site and on-site monitoring of a 
variety of potential risks. These risks include, but are not limited 
to, liquidity risk, credit risk, interest rate risk (IRR), and 
foreign exchange risk. The data on Schedule RC-L also is essential 
for the examination scoping process, which begins during pre-
examination planning. The data offer insight into outliers and 
exceptions, which provide information to examiners on areas on which 
to focus during their on-site examinations.
    The data on Schedule RC-L on the FFIEC 031 and FFIEC 041 is 
useful in determining an institution's potential exposure to losses 
from derivatives activities. It is also useful in identifying the 
extent to which an institution may be engaging in hedging strategies 
that will affect its future earnings prospects. An excessive and/or 
inappropriate credit derivative position could have a substantial 
and immediate detrimental impact to an institution's liquidity, 
interest rate risk, earnings, or capital adequacy. For institutions 
with material volumes of derivatives as reported on Schedule RC-L, 
examiners can assess whether the institution's management has the 
appropriate expertise and policies in place to manage and control 
the risks associated with its derivatives activities and whether the 
institution's capital levels are commensurate with its risk 
exposure. This is particularly true with respect interest rate 
derivatives, which are the most widely held derivatives, and are 
commonly used in the management of interest rate risk. Schedule RC-L 
provides a granular perspective about the types of interest rate 
contracts an institution has entered into, which helps an examiner 
focus on assessing how effectively management uses the various types 
of interest rate contracts in its derivatives portfolio to hedge its 
exposure to interest rate risk. Also, examiners investigate 
fluctuations in the fair values of an institution's holdings of 
derivatives to determine if there are changes in the institution's 
risk appetite as set by the board of directors and implemented by 
management.
    The unused commitments information on Schedule RC-L is essential 
to examiners, especially during periods of financial distress when 
borrowers rely increasingly on drawing down their lines of credit 
and unused commitments as a source of funding. The unused 
commitments data enables examiners to identify whether growth in 
unused commitments over time is at a manageable level and permit 
assessments of the potential impact, if such commitments are funded, 
on the credit quality of the related loan categories, as well as on 
the liquidity and on the capital position of an institution. Also, 
institutions may have a concentration in a particular loan category, 
which may not be readily apparent from balance sheet data until 
unused commitments to borrowers in this category are actually 
funded, which dictates that examiners consider the reported amounts 
on unused commitments by loan category to ensure they identify and 
assess the concentration risk. Financial and performance standby 
letters of credit also present liquidity and credit risk 
considerations for examiners, which also may be greater during 
periods of financial distress when the counterparties may be more 
likely to fail to perform as required under the terms of the 
underlying contract.
    The derivatives information on Schedule RC-L is also one of the 
primary sources that feeds into a derivatives quarterly report that 
is used to report on bank trading and derivative activities. This 
public report issued by the OCC helps the banking agencies' on-site 
examiners at the largest banks to continuously evaluate the credit, 
market, operational, reputation, and compliance risks of bank 
derivative activities.

Schedule RC-M (Memoranda)

    Schedule RC-M collects various types of information. Section 
7(k) of the Federal Deposit Insurance Act (12 U.S.C. 1817(k)) 
authorizes the federal banking agencies to require the reporting and 
public disclosure of information concerning extensions of credit by 
an institution to its executive officers and principal shareholders 
and their related interests. Federal Reserve Board Regulation O (12 
CFR 215), which has been made applicable to all institutions, 
imposes an aggregate lending limit on extensions of credit to 
insiders (executive officers, directors, principal shareholders, and 
their related interests) and, in general, requires an institution to 
make available the names of its executive officers and principal 
shareholders to whom the institution had outstanding as of the end 
of the latest previous quarter aggregate extensions of credit that, 
when aggregated with all other outstanding extensions of credit to 
such person and their related interests, equaled or exceeded the 
lesser of 5 percent of capital and unimpaired surplus or $500,000. 
The data collected in Schedule RC-M on extensions of credit to the 
reporting institution's insiders generally aligns with these 
requirements and assists the agencies in monitoring compliance with 
the insider lending regulations between examinations and determining 
whether supervisory follow-up is warranted when material increases 
in insider lending are identified.
    Because identifiable intangible assets are deducted from 
regulatory capital or are subject to regulatory capital limits and 
deducted amounts are not risk weighted, the reporting of these 
amounts aids in validating an institution's regulatory capital 
calculations in Schedule RC-R. In addition to their treatment under 
the regulatory capital rules, mortgage servicing assets in 
particular are complex in nature and present liquidity risk and 
interest rate risk and their value is affected by the credit risk of 
the underlying serviced assets. Mortgage servicing assets also 
contribute to the level of an institution's mortgage prepayment 
exposure. When the level of this exposure rises above a specified 
benchmark at an individual institution, this exposure may warrant 
additional attention by examiners between examinations and 
necessitate greater scrutiny of management's prepayment assumptions 
in its own interest rate risk model during examinations or 
visitations.
    The components of other real estate owned are needed to monitor 
asset quality trends at individual institutions and industry-wide, 
including when coupled with the past due and nonaccrual data for 
loans secured by the same type of property from Schedule RC-N. The 
component information may provide insight into the market conditions 
affecting the segments of the real estate market in the 
institution's trade area, including possible deteriorating 
conditions.
    Maturity and repricing information on other borrowed money, 
together with the maturity and repricing information collected in 
other schedules for other types of assets and liabilities, is needed 
to evaluate liquidity and interest rate risk to the institution, and 
to aid in evaluating the strategies institutions take to mitigate 
these risks. Liquidity and interest rate risk indicators that are 
calculated by agency models from an institution's Call Report data 
and exceed specified parameters or change significantly between 
examinations are red flags that call for timely examiner attention. 
Data on certain secured liabilities also is used in the assessment 
of institutions' liquidity positions because increases in the 
relative volume of secured versus unsecured liabilities may signal 
that an institution is encountering difficulties in rolling over 
unsecured borrowings due to deterioration in its condition, which 
would call for supervisory follow-up when identified between 
examinations.
    Information on mutual funds and annuities, bank Web sites with 
transactional capability, certain trustee and custodial activities, 
and captive insurance subsidiaries, is used to identify institutions 
engaged in these activities, some of which are not typical 
activities for community banks. If an institution begins to report 
that it engages in one or more of these activities or reports a 
significant increase in assets tied to an activity between 
examinations, this may indicate the need for examiner follow-up to 
assess the institution's expertise and management of these 
activities. An institution's involvement in these activities

[[Page 29163]]

may also affect the staffing and scoping of examinations, 
particularly for activities for which compliance with applicable 
laws and regulations must be evaluated during examinations. The 
reporting of an institution's internet Web sites and trade names 
supports the FDIC's ability to serve as an information resource for 
insured institutions by responding to inquiries from the public with 
the most current information concerning the insured status of the 
institution behind an internet Web site or a physical branch office 
that uses a trade name.
    For Qualified Thrift Lenders (QTL) subject to 12 U.S.C. 
1467a(c), reporting of QTL test information assists the agencies in 
timely identifying thrift institutions that need to take action to 
remain in compliance, or that fail to comply and become subject to 
certain restrictions. International remittance transfers data by 
type is needed annually to monitor compliance with regulatory 
requirements (12 CFR 1005.30, et seq). Different types of transfers 
pose different consumer protection concerns and information of 
transfer activity aids in the monitoring of the evolution of this 
market, and how institutions diversify remittance offerings beyond 
wire transfers.

Schedule RC-R (Regulatory Capital)

    Schedule RC-R collects information about an institution's 
capital. Part I (Regulatory Capital Components and Ratios) collects 
information about the types and amounts of capital instruments and 
the leverage and risk-based capital ratios. Part II (Risk-Weighted 
Assets) collects additional information about types of assets on an 
institution's balance sheet and certain off-balance sheet items to 
use in computing the risk-based capital ratios.
    The Federal banking agencies are required to establish a 
leverage limit and risk-based capital requirement for insured 
depository institutions under 12 U.S.C. 1831o and to monitor 
compliance with those requirements. The agencies implemented the 
capital requirements in their regulatory capital rules (12 CFR part 
3 for OCC; 12 CFR part 217 for the Board; 12 CFR part 324 for the 
FDIC) and the compliance requirements in their prompt corrective 
action rules (12 CFR part 6 for OCC; 12 CFR part 208, subpart D for 
the Board; 12 CFR 324, subpart H for the FDIC). The capital rules 
recognize three types of capital instruments: Common Equity Tier 1, 
Additional Tier 1, and Tier 2 capital. The total of each type on 
Schedule RC-R, Part I, includes all potential adjustments to each 
component as allowed under the capital rules. The capital rules also 
provide for a calculation of risk-weighted assets, which consists of 
assigning a risk weight to every asset on an institution's balance 
sheet that is not deducted from capital, as well as to certain off-
balance sheet items. Schedule RC-R, Part II, includes all of the 
fields necessary to properly calculate an institution's risk-
weighted asset amount. Finally, the results of the calculation of 
capital instrument amounts and risk-weighted assets are used to 
calculate risk-based and leverage capital ratios on Schedule RC-R, 
Part I. The agencies need to be able to monitor compliance with the 
capital rules and prompt corrective action provisions no less 
frequently than quarterly.
    In addition to using the resulting capital ratios to determine 
an institution's status under 12 U.S.C. 1831o and the banking 
agencies' prompt corrective action regulations, the FFIEC member 
entities use the regulatory capital information for other purposes. 
The calculation of Tier 1 capital at quarter-end flows into the 
amount of average tangible equity for the calendar quarter that 
institutions report in Schedule RC-O, which is used in the 
measurement of institutions' assessment bases for deposit insurance 
purposes. The Tier 1 leverage ratio is one of the inputs into the 
calculation of deposit insurance assessment rates for small 
institutions and Tier 1 capital is a commonly used input when 
calculating these rates for large and highly complex institutions. 
Capital adequacy is rated in an institution's on-site examination as 
the C of the CAMELS component ratings, and the information provided 
on Schedule RC-R helps examiners evaluate and rate that component. 
It is also used in the off-site monitoring process, and is important 
in reviewing the risk profile and viability of a financial 
institution. For example, the ratio of risk-weighted assets to 
unweighted assets has been found to provide an informative forward-
looking signal regarding an institution's risk posture. The 
information provided on Schedule RC-R also is used in deciding 
whether to approve an 18-month examination cycle for a specific 
institution and in reviewing merger applications.
    Information on specific sub-components of regulatory capital is 
useful as well. For example, the amounts of unrealized gains and 
losses on securities that flow into regulatory capital provide an 
indication of an institution's interest rate and market risk. 
Information on the risk weighting of assets and off-balance sheet 
items provides insight into management's risk tolerance and the 
institution's risk to the deposit insurance fund. The risk-weighted 
asset composition information and risk-based capital ratios that 
flow into the UBPR are helpful to examiners when reviewing Reports 
of Examination and to establish a peer group average for comparison 
when evaluating changes in these items. The risk-weighted asset 
composition information also assists examiners in evaluating the 
reasons for changes in total risk-weighted assets over time at 
individual institutions. The derivatives exposure items reported in 
the Memoranda section of Schedule RC-R, Part II, provide a key 
insight into the notional principal amounts of both cleared and 
over-the-counter derivatives in the banking system, in addition to 
being inputs into the calculation for risk-weighted assets.

Appendix B

FFIEC 051: To Be Completed by Banks With Domestic Offices Only and 
Total Assets Less Than $1 Billion

Data Items Removed, Other Impacts to Data Items, Reduction in 
Reporting Frequency, or Increase in Reporting Threshold

                                               Data Items Removed
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RI..........................  5.d.(1).........................  Fees and commissions from   RIADC886
                                                                 securities brokerage.
RI..........................  5.d.(2).........................  Investment banking,         RIADC888
                                                                 advisory, and
                                                                 underwriting fees and
                                                                 commissions. Note: Items
                                                                 5.d.(1) and 5.d.(2) of
                                                                 Schedule RI will be
                                                                 combined into one data
                                                                 item.
RI..........................  5.d.(3).........................  Fees and commissions from   RIADC887
                                                                 annuity sales.
RI..........................  5.d.(4).........................  Underwriting income from    RIADC386
                                                                 insurance and reinsurance
                                                                 activities.
RI..........................  5.d.(5).........................  Income from other           RIADC387
                                                                 insurance activities.
                                                                 Note: Items 5.d.(3),
                                                                 5.d.(4), and 5.d.(5) of
                                                                 Schedule RI will be
                                                                 combined into one data
                                                                 item.
RI..........................  5.g.............................  Net securitization income.  RIADB493
RI..........................  M1..............................  Interest expense incurred   RIAD4513
                                                                 to carry tax-exempt
                                                                 securities, loans, and
                                                                 leases acquired after
                                                                 August 7, 1986, that is
                                                                 not deductible for
                                                                 federal income tax
                                                                 purposes.
RI-B, Part II...............  M4..............................  Amount of allowance for     RIADC781
                                                                 post-acquisition credit
                                                                 losses on purchased
                                                                 credit-impaired loans
                                                                 accounted for in
                                                                 accordance with FASB ASC
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3).
RI-E........................  1.f.............................  Net change in the fair      RIADF229
                                                                 values of financial
                                                                 instruments accounted for
                                                                 under a fair value option.
RI-E........................  1.h.............................  Gains on bargain purchases  RIADJ447

[[Page 29164]]

 
RC..........................  10.a............................  Goodwill. Note: Schedule    RCON3163
                                                                 RC, item 10.a will be
                                                                 moved to Schedule RC-M,
                                                                 new item 2.b.
RC..........................  10.b............................  Other intangible assets     RCON0426
                                                                 (from Schedule RC-M).
                                                                 Note: Items 10.a and 10.b
                                                                 of Schedule RC will be
                                                                 combined into one data
                                                                 item.
RC-B........................  2.a.............................  U.S. Government agency      RCON1289, RCON1290,
                                                                 obligations (exclude        RCON1291, RCON1293
                                                                 mortgage-backed
                                                                 securities): Issued by
                                                                 U.S. Government agencies
                                                                 (Columns A through D).
RC-B........................  2.b.............................  U.S. Government agency      RCON1294, RCON1295,
                                                                 obligations (exclude        RCON1297, RCON1298
                                                                 mortgage-backed
                                                                 securities): Issued by
                                                                 U.S. Government-sponsored
                                                                 agencies (Columns A
                                                                 through D). Note: Items
                                                                 2.a and 2.b of Schedule
                                                                 RC-B will be combined
                                                                 into one data item
                                                                 (Columns A through D).
RC-B........................  5.b.(1).........................  Structured financial        RCONG336, RCONG337,
                                                                 products: Cash (Columns A   RCONG338, RCONG339
                                                                 through D).
RC-B........................  5.b.(2).........................  Structured financial        RCONG340, RCONG341,
                                                                 products: Synthetic         RCONG342, RCONG343
                                                                 (Columns A through D).
RC-B........................  5.b.(3).........................  Structured financial        RCONG344, RCONG345,
                                                                 products: Hybrid (Columns   RCONG346, RCONG347
                                                                 A through D). Note: Items
                                                                 5.b.(1), 5.b.(2), and
                                                                 5.b.(3) of Schedule RC-B
                                                                 will be combined into one
                                                                 line item (Columns A
                                                                 through D).
RC-B........................  M6.a............................  Structured financial        RCONG348, RCONG349,
                                                                 products by underlying      RCONG350, RCONG351
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by
                                                                 financial institutions
                                                                 (Columns A through D).
RC-B........................  M6.b............................  Structured financial        RCONG352, RCONG353,
                                                                 products by underlying      RCONG354, RCONG355
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by real
                                                                 estate investment trusts
                                                                 (Columns A through D).
RC-B........................  M6.c............................  Structured financial        RCONG356, RCONG357,
                                                                 products by underlying      RCONG358, RCONG359
                                                                 collateral or reference
                                                                 assets: Corporate and
                                                                 similar loans (Columns A
                                                                 through D).
RC-B........................  M6.d............................  Structured financial        RCONG360, RCONG361,
                                                                 products by underlying      RCONG362, RCONG363
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS issued or
                                                                 guaranteed by U.S.
                                                                 Government-sponsored
                                                                 enterprises (GSEs)
                                                                 (Columns A through D).
RC-B........................  M6.e............................  Structured financial        RCONG364, RCONG365,
                                                                 products by underlying      RCONG366, RCONG367
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS not
                                                                 issued or guaranteed by
                                                                 GSEs (Columns A through
                                                                 D).
RC-B........................  M6.f............................  Structured financial        RCONG368, RCONG369,
                                                                 products by underlying      RCONG370, RCONG371
                                                                 collateral or reference
                                                                 assets: Diversified
                                                                 (mixed) pools of
                                                                 structured financial
                                                                 products (Columns A
                                                                 through D).
RC-B........................  M6.g............................  Structured financial        RCONG372, RCONG373,
                                                                 products by underlying      RCONG374, RCONG375
                                                                 collateral or reference
                                                                 assets: Other collateral
                                                                 or reference assets
                                                                 (Columns A through D).
RC-K........................  7...............................  Trading assets............  RCON3401
RC-L........................  1.b.(1).........................  Unused consumer credit      RCONJ455
                                                                 card lines.
RC-L........................  1.b.(2).........................  Other unused credit card    RCONJ456
                                                                 lines.
RC-L........................  1.d.............................  Unused commitments:         RCON3817
                                                                 Securities underwriting.
RC-M........................  2.b.............................  Purchased credit card       RCONB026
                                                                 relationships and
                                                                 nonmortgage servicing
                                                                 assets. Note: Amounts
                                                                 reported in item 2.b will
                                                                 be included in item 2.c,
                                                                 All other identifiable
                                                                 intangible assets.
RC-M........................  3.f.............................  Foreclosed properties from  RCONC979
                                                                 ``GNMA loans''. Note:
                                                                 Amounts reported in item
                                                                 3.f will be included in
                                                                 item 3.c, Other real
                                                                 estate owned: 1-4 family
                                                                 residential properties.
----------------------------------------------------------------------------------------------------------------


                                           Other Impacts to Data Items
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RI..........................  5.d.(1) (New)...................  Fees and commissions from   To be determined
                                                                 securities brokerage,       (TBD)
                                                                 investment banking,
                                                                 advisory, and
                                                                 underwriting activities.
                                                                 Note: Items 5.d.(1) and
                                                                 5.d.(2) of Schedule RI
                                                                 removed above will be
                                                                 combined into this data
                                                                 item.
RI..........................  5.d.(2) (New)...................  Income from other           TBD
                                                                 insurance activities
                                                                 (includes underwriting
                                                                 income from insurance and
                                                                 reinsurance activities).
                                                                 Note: Items 5.d.(3),
                                                                 5.d.(4), and 5.d.(5) of
                                                                 Schedule RI removed above
                                                                 will be combined into
                                                                 this data item.
RC..........................  10 (New)........................  Intangible assets (from     RCON2143
                                                                 Schedule RC-M). Note:
                                                                 Items 10.a and 10.b of
                                                                 Schedule RC removed above
                                                                 will be combined into
                                                                 this data item.
RC-B........................  2 (New).........................  U.S. Government agency      TBD (4 MDRMs)
                                                                 obligations (exclude
                                                                 mortgage-backed
                                                                 securities (Columns A
                                                                 through D). Note: Items
                                                                 2.a and 2.b of Schedule
                                                                 RC-B removed above will
                                                                 be combined into this
                                                                 data item (Columns A
                                                                 through D).

[[Page 29165]]

 
RC-B........................  5.b (New).......................  Structured financial        TBD (4 MDRMs)
                                                                 products (Columns A
                                                                 through D). Note: Items
                                                                 5.b.(1), 5.b.(2), and
                                                                 5.b.(3) of Schedule RC-B
                                                                 removed above will be
                                                                 combined into this line
                                                                 item (Columns A through
                                                                 D).
RC-M........................  2.b (Re-mapping)................  Goodwill. Note: Schedule    RCON3163
                                                                 RC, item 10.a will be
                                                                 moved to Schedule RC-M,
                                                                 new item 2.b., and the
                                                                 phrase ``other than
                                                                 goodwill'' will be
                                                                 removed from the caption
                                                                 for Schedule RC-M, item 2.
----------------------------------------------------------------------------------------------------------------


                             Data Items With a Reduction in Frequency of Collection
                                 Semiannual Reporting (June 30 and December 31)
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-B........................  M3..............................  Amortized cost of held-to-  RCON1778
                                                                 maturity securities sold
                                                                 or transferred to
                                                                 available-for-sale or
                                                                 trading securities during
                                                                 the calendar year-to-date.
RC-C, Part I................  M7.a............................  Purchased credit-impaired   RCONC779
                                                                 loans held for investment
                                                                 accounted for in
                                                                 accordance with FASB ASC
                                                                 310-30: Outstanding
                                                                 balance.
RC-C, Part I................  M7.b............................  Purchased credit-impaired   RCONC780
                                                                 loans held for investment
                                                                 accounted for in
                                                                 accordance with FASB ASC
                                                                 310-30: Amount included
                                                                 in Schedule RC-C, Part I,
                                                                 items 1 through 9.
RC-C, Part I................  M8.a............................  Total amount of closed-end  RCONF230
                                                                 loans with negative
                                                                 amortization features
                                                                 secured by 1-4 family
                                                                 residential properties.
RC-C, Part I................  M12.............................  Loans (not subject to the   RCONGW45, RCONGW46,
                                                                 requirements of FASB ASC    RCONGW47
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year
                                                                 (Columns A through C).
RC-L........................  11.a............................  Year-to-date merchant       RCONC223
                                                                 credit card sales volume:
                                                                 Sales for which the
                                                                 reporting bank is the
                                                                 acquiring bank.
RC-L........................  11.b............................  Year-to-date merchant       RCONC224
                                                                 credit card sales volume:
                                                                 Sales for which the
                                                                 reporting bank is the
                                                                 agent bank with risk.
RC-N........................  M7..............................  Additions to nonaccrual     RCONC410
                                                                 assets during the
                                                                 quarter. Note: This
                                                                 caption would be revised
                                                                 to ``Additions to
                                                                 nonaccrual assets during
                                                                 the last 6 months''.
RC-N........................  M8..............................  Nonaccrual assets sold      RCONC411
                                                                 during the quarter. Note:
                                                                 This caption would be
                                                                 revised to ``Nonaccrual
                                                                 assets sold during the
                                                                 last 6 months''.
RC-N........................  M9.a............................  Purchased credit-impaired   RCONL183, RCONL184,
                                                                 loans accounted for in      RCONL185
                                                                 accordance with FASB ASC
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3): Outstanding balance
                                                                 (Columns A through C).
RC-N........................  M9.b............................  Purchased credit-impaired   RCONL186, RCONL187,
                                                                 loans accounted for in      RCONL188
                                                                 accordance with FASB ASC
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3): Amount included in
                                                                 Schedule RC-N, items 1
                                                                 through 7, above (Columns
                                                                 A through C).
----------------------------------------------------------------------------------------------------------------


                                         Annual Reporting (December 31)
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RI-E........................  1.a through 1.l.................  Other noninterest income    RIADC013, RIADC014,
                                                                 (from Schedule RI, item     RIADC016, RIAD4042,
                                                                 5.l).                       RIADC015, RIADF555,
                                                                                             RIADT047, RIAD4461,
                                                                                             RIAD4462, RIAD4463
RI-E........................  2.a through 2.p.................  Other noninterest expense   RIADC017, RIAD0497,
                                                                 (from Schedule RI, item     RIAD4136, RIADC018,
                                                                 7.d).                       RIAD8403, RIAD4141,
                                                                                             RIAD4146, RIADF556,
                                                                                             RIADF557, RIADF558,
                                                                                             RIADF559, RIADY923,
                                                                                             RIADY924, RIAD4464,
                                                                                             RIAD4467, RIAD4468
----------------------------------------------------------------------------------------------------------------


[[Page 29166]]


                               Data Items With an Increase in Reporting Threshold
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
   To be completed by banks with components of other noninterest income in amounts greater than $100,000 that
                                    exceed 7 percent of Schedule RI, item 5.l
----------------------------------------------------------------------------------------------------------------
RI-E........................  1.a through 1.l.................  Other noninterest income    RIADC013, RIADC014,
                                                                 (from Schedule RI, item     RIADC016, RIAD4042,
                                                                 5.l).                       RIADC015, RIADF555,
                                                                                             RIADT047, RIAD4461,
                                                                                             RIAD4462, RIAD4463
----------------------------------------------------------------------------------------------------------------
   To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that
                                    exceed 7 percent of Schedule RI, item 7.d
----------------------------------------------------------------------------------------------------------------
RI-E........................  2.a through 2.p.................  Other noninterest expense   RIADC017, RIAD0497,
                                                                 (from Schedule RI, item     RIAD4136, RIADC018,
                                                                 7.d).                       RIAD8403, RIAD4141,
                                                                                             RIAD4146, RIADF556,
                                                                                             RIADF557, RIADF558,
                                                                                             RIADF559, RIADY923,
                                                                                             RIADY924, RIAD4464,
                                                                                             RIAD4467, RIAD4468
----------------------------------------------------------------------------------------------------------------

Appendix C

FFIEC 041: To Be Completed by Banks With Domestic Offices Only and 
Consolidated Total Assets Less Than $100 Billion

Data Items Removed, Other Impacts to Data Items, Reduction in 
Reporting Frequency, or Increase in Reporting Threshold

                                               Data Items Removed
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RI..........................  M8.a............................  Trading revenue from        RIAD8757
                                                                 interest rate exposures.
RI..........................  M8.b............................  Trading revenue from        RIAD8758
                                                                 foreign exchange
                                                                 exposures.
RI..........................  M8.c............................  Trading revenue from        RIAD8759
                                                                 equity security and index
                                                                 exposures.
RI..........................  M8.d............................  Trading revenue from        RIAD8760
                                                                 commodity and other
                                                                 exposures.
RI..........................  M8.e............................  Trading revenue from        RIADF186
                                                                 credit exposures.
RI..........................  M8.f.(1)........................  Impact on trading revenue   RIADFT36
                                                                 of changes in the
                                                                 creditworthiness of the
                                                                 bank's derivatives
                                                                 counterparties on the
                                                                 bank's derivative assets:
                                                                 Gross credit valuation
                                                                 adjustment (CVA).
RI..........................  M8.f.(2)........................  Impact on trading revenue   RIADFT37
                                                                 of changes in the
                                                                 creditworthiness of the
                                                                 bank's derivatives
                                                                 counterparties on the
                                                                 bank's derivative assets:
                                                                 CVA hedge.
RI..........................  M8.g.(1)........................  Impact on trading revenue   RIADFT38
                                                                 of changes in the
                                                                 creditworthiness of the
                                                                 bank on the bank's
                                                                 derivative liabilities:
                                                                 Gross debit valuation
                                                                 adjustment (DVA).
RI..........................  M8.g.(2)........................  Impact on trading revenue   RIADFT39
                                                                 of changes in the
                                                                 creditworthiness of the
                                                                 bank on the bank's
                                                                 derivative liabilities:
                                                                 DVA hedge.
RI..........................  M8.h............................  Gross trading revenue       RIADFT40
                                                                 before including positive
                                                                 or negative net CVA and
                                                                 net DVA.
RI-E........................  1.f.............................  Net change in the fair      RIADF229
                                                                 values of financial
                                                                 instruments accounted for
                                                                 under a fair value option.
RI-E........................  1.h.............................  Gains on bargain purchases  RIADJ447
RC..........................  10.a............................  Goodwill. Note: Schedule    RCON3163
                                                                 RC, item 10.a will be
                                                                 moved to Schedule RC-M,
                                                                 new item 2.b.
RC..........................  10.b............................  Other intangible assets     RCON0426
                                                                 (from Schedule RC-M).
                                                                 Note: Items 10.a and 10.b
                                                                 of Schedule RC will be
                                                                 combined into one data
                                                                 item.
RC-B........................  2.a.............................  U.S. Government agency      RCON1289, RCON1290,
                                                                 obligations (exclude        RCON1291, RCON1293
                                                                 mortgage-backed
                                                                 securities): Issued by
                                                                 U.S. Government agencies
                                                                 (Columns A through D).
RC-B........................  2.b.............................  U.S. Government agency      RCON1294, RCON1295,
                                                                 obligations (exclude        RCON1297, RCON1298
                                                                 mortgage-backed
                                                                 securities): Issued by
                                                                 U.S. Government-sponsored
                                                                 agencies (Columns A
                                                                 through D). Note: Items
                                                                 2.a and 2.b of Schedule
                                                                 RC-B will be combined
                                                                 into one data item
                                                                 (Columns A through D).
RC-B........................  5.b.(1).........................  Structured financial        RCONG336, RCONG337,
                                                                 products: Cash (Columns A   RCONG338, RCONG339
                                                                 through D).

[[Page 29167]]

 
RC-B........................  5.b.(2).........................  Structured financial        RCONG340, RCONG341,
                                                                 products: Synthetic         RCONG342, RCONG343
                                                                 (Columns A through D).
RC-B........................  5.b.(3).........................  Structured financial        RCONG344, RCONG345,
                                                                 products: Hybrid (Columns   RCONG346, RCONG347
                                                                 A through D).
                                                                Note: Items 5.b.(1),
                                                                 5.b.(2), and 5.b.(3) of
                                                                 Schedule RC-B will be
                                                                 combined into one data
                                                                 item.
RC-D........................  5.a.(1).........................  Structured financial        RCONG383
                                                                 products: Cash.
RC-D........................  5.a.(2).........................  Structured financial        RCONG384
                                                                 products: Synthetic.
RC-D........................  5.a.(3).........................  Structured financial        RCONG385
                                                                 products: Hybrid. Note:
                                                                 Items 5.a.(1), 5.a.(2),
                                                                 and 5.a.(3) of Schedule
                                                                 RC-D will be combined
                                                                 into one data item.
RC-D........................  6.a.(1).........................  Construction, land          RCONF604
                                                                 development, and other
                                                                 land loans.
RC-D........................  6.a.(2).........................  Loans secured by farmland.  RCONF605
RC-D........................  6.a.(3)(a)......................  Revolving, open-end loans   RCONF606
                                                                 secured by 1-4 family
                                                                 residential properties
                                                                 and extended under lines
                                                                 of credit.
RC-D........................  6.a.(3)(b)(1)...................  Closed-end loans secured    RCONF607
                                                                 by 1-4 family residential
                                                                 properties: Secured by
                                                                 first liens.
RC-D........................  6.a.(3)(b)(2)...................  Closed-end loans secured    RCONF611
                                                                 by 1-4 family residential
                                                                 properties: Secured by
                                                                 junior liens.
RC-D........................  6.a.(4).........................  Loans secured by            RCONF612
                                                                 multifamily (5 or more)
                                                                 residential properties.
RC-D........................  6.a.(5).........................  Loans secured by nonfarm    RCONF613
                                                                 nonresidential
                                                                 properties. Note: Items
                                                                 6.a.(1), 6.a.(2),
                                                                 6.a.(3)(a),
                                                                 6.a.(3)(b)(1),
                                                                 6.a.(3)(b)(2), 6.a.(4),
                                                                 and 6.a.(5) of Schedule
                                                                 RC-D will be replaced by
                                                                 two data items: (1) Loans
                                                                 secured by 1-4 family
                                                                 residential properties,
                                                                 and (2) All other loans
                                                                 secured by real estate.
RC-D........................  6.c.(1).........................  Loans to individuals for    RCONF615
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Credit
                                                                 cards.
RC-D........................  6.c.(2).........................  Loans to individuals for    RCONF616
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 revolving credit plans.
RC-D........................  6.c.(3).........................  Loans to individuals for    RCONK199
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Automobile
                                                                 loans.
RC-D........................  6.c.(4).........................  Loans to individuals for    RCONK210
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 consumer loans. Note:
                                                                 Items 6.c.(1), 6.c.(2),
                                                                 6.c.(3), and 6.c.(4) of
                                                                 Schedule RC-D will be
                                                                 combined into one data
                                                                 item.
RC-D........................  M1.a.(1)........................  Unpaid principal balance    RCONF625
                                                                 of loans measured at fair
                                                                 value: Construction, land
                                                                 development, and other
                                                                 land loans.
RC-D........................  M1.a.(2)........................  Unpaid principal balance    RCONF626
                                                                 of loans measured at fair
                                                                 value: Loans secured by
                                                                 farmland.
RC-D........................  M1.a.(3)(a).....................  Unpaid principal balance    RCONF627
                                                                 of loans measured at fair
                                                                 value: Revolving, open-
                                                                 end loans secured by 1-4
                                                                 family residential
                                                                 properties and extended
                                                                 under lines of credit.
RC-D........................  M1.a.(3)(b)(1)..................  Unpaid principal balance    RCONF628
                                                                 of loans measured at fair
                                                                 value: Closed-end loans
                                                                 secured by 1-4 family
                                                                 residential properties:
                                                                 Secured by first liens.
RC-D........................  M1.a.(3)(b)(2)..................  Unpaid principal balance    RCONF629
                                                                 of loans measured at fair
                                                                 value: Closed-end loans
                                                                 secured by 1-4 family
                                                                 residential properties:
                                                                 Secured by junior liens.
RC-D........................  M1.a.(4)........................  Unpaid principal balance    RCONF630
                                                                 of loans measured at fair
                                                                 value: Loans secured by
                                                                 multifamily (5 or more)
                                                                 residential properties.
RC-D........................  M1.a.(5)........................  Unpaid principal balance    RCONF631
                                                                 of loans measured at fair
                                                                 value: Loans secured by
                                                                 nonfarm nonresidential
                                                                 properties. Note: Items
                                                                 M1.a.(1), M1.a.(2),
                                                                 M1.a.(3)(a),
                                                                 M1.a.(3)(b)(1),
                                                                 M1.a.(3)(b)(2), M1.a.(4),
                                                                 and M1.a.(5) of Schedule
                                                                 RC-D will be replaced by
                                                                 two data items: (1)
                                                                 Unpaid principal balance
                                                                 of loans measured at fair
                                                                 value: Loans secured by 1-
                                                                 4 family residential
                                                                 properties, and (2)
                                                                 Unpaid principal balance
                                                                 of loans measured at fair
                                                                 value: All other loans
                                                                 secured by real estate.
RC-D........................  M1.c.(1)........................  Unpaid principal balance    RCONF633
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Credit
                                                                 cards.
RC-D........................  M1.c.(2)........................  Unpaid principal balance    RCONF634
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 revolving credit plans.
RC-D........................  M1.c.(3)........................  Unpaid principal balance    RCONK200
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Automobile
                                                                 loans.
RC-D........................  M1.c.(4)........................  Unpaid principal balance    RCONK211
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 consumer loans. Note:
                                                                 Items M1.c.(1), M1.c.(2),
                                                                 M1.c.(3), and M1.c.(4) of
                                                                 Schedule RC-D will be
                                                                 combined into one data
                                                                 item.

[[Page 29168]]

 
RC-D........................  M2.a............................  Loans measured at fair      RCONF639
                                                                 value that are past due
                                                                 90 days or more: Fair
                                                                 value.
RC-D........................  M2.b............................  Loans measured at fair      RCONF640
                                                                 value that are past due
                                                                 90 days or more: Unpaid
                                                                 principal balance.
RC-D........................  M3.a............................  Structured financial        RCONG299
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by
                                                                 financial institutions.
RC-D........................  M3.b............................  Structured financial        RCONG332
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by real
                                                                 estate investment trusts.
RC-D........................  M3.c............................  Structured financial        RCONG333
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Corporate and
                                                                 similar loans.
RC-D........................  M3.d............................  Structured financial        RCONG334
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS issued or
                                                                 guaranteed by U.S.
                                                                 Government-sponsored
                                                                 enterprises (GSEs).
RC-D........................  M3.e............................  Structured financial        RCONG335
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS not
                                                                 issued or guaranteed by
                                                                 GSEs.
RC-D........................  M3.f............................  Structured financial        RCONG651
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Diversified
                                                                 (mixed) pools of
                                                                 structured financial
                                                                 products.
RC-D........................  M3.g............................  Structured financial        RCONG652
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Other collateral
                                                                 or reference assets.
RC-D........................  M4.a............................  Pledged trading assets:     RCONG387
                                                                 Pledged securities.
RC-D........................  M4.b............................  Pledged trading assets:     RCONG388
                                                                 Pledged loans.
RC-D........................  M5.a............................  Asset-backed securities:    RCONF643
                                                                 Credit card receivables.
RC-D........................  M5.b............................  Asset-backed securities:    RCONF644
                                                                 Home equity lines.
RC-D........................  M5.c............................  Asset-backed securities:    RCONF645
                                                                 Automobile loans.
RC-D........................  M5.d............................  Asset-backed securities:    RCONF646
                                                                 Other consumer loans.
RC-D........................  M5.e............................  Asset-backed securities:    RCONF647
                                                                 Commercial and industrial
                                                                 loans.
RC-D........................  M5.f............................  Asset-backed securities:    RCONF648
                                                                 Other.
RC-D........................  M6..............................  Retained beneficial         RCONF651
                                                                 interests in
                                                                 securitizations.
RC-D........................  M7.a............................  Equity securities: Readily  RCONF652
                                                                 determinable fair values.
RC-D........................  M7.b............................  Equity securities: Other..  RCONF653
RC-D........................  M8..............................  Loans pending               RCONF654
                                                                 securitization.
RC-D........................  M9..............................  Other trading assets......  RCONF655, RCONF656,
                                                                                             RCONF657
RC-D........................  M10.............................  Other trading liabilities.  RCONF658, RCONF659,
                                                                                             RCONF660
RC-L........................  1.a.(1).........................  Unused commitments for      RCONJ477
                                                                 Home Equity Conversion
                                                                 Mortgage (HECM) reverse
                                                                 mortgages outstanding
                                                                 that are held for
                                                                 investment.
RC-L........................  1.a.(2).........................  Unused commitments for      RCONJ478
                                                                 proprietary reverse
                                                                 mortgages outstanding
                                                                 that are held for
                                                                 investment. Note: Items
                                                                 1.a.(1) and 1.a.(2) of
                                                                 Schedule RC-L will be
                                                                 combined into one data
                                                                 item.
RC-L........................  8...............................  Spot foreign exchange       RCON8765
                                                                 contracts.
RC-L........................  16.a............................  Over-the-counter            RCONG419, RCONG420,
                                                                 derivatives: Net current    RCONG421
                                                                 credit exposure (Columns
                                                                 B, C, and D).
RC-L........................  16.b.(1)........................  Over-the-counter            RCONG424, RCONG425,
                                                                 derivatives: Fair value     RCONG426
                                                                 of collateral: Cash--U.S.
                                                                 dollar (Columns B, C, and
                                                                 D).
RC-L........................  16.b.(2)........................  Over-the-counter            RCONG429, RCONG430,
                                                                 derivatives: Fair value     RCONG431
                                                                 of collateral: Cash--
                                                                 Other currencies (Columns
                                                                 B, C, and D).
RC-L........................  16.b.(3)........................  Over-the-counter            RCONG434, RCONG435,
                                                                 derivatives: Fair value     RCONG436
                                                                 of collateral: U.S.
                                                                 Treasury securities
                                                                 (Columns B, C, and D).
RC-L........................  16.b.(4)........................  Over-the-counter            RCONG438, RCONG439,
                                                                 derivatives: Fair value     RCONG440, RCONG441,
                                                                 of collateral: U.S.         RCONG442
                                                                 Government agency and
                                                                 U.S. Government-sponsored
                                                                 agency debt securities
                                                                 (Columns A, B, C, D, and
                                                                 E).
RC-L........................  16.b.(5)........................  Over-the-counter            RCONG443, RCONG444,
                                                                 derivatives: Fair value     RCONG445, RCONG446,
                                                                 of collateral: Corporate    RCONG447
                                                                 bonds (Columns A, B, C,
                                                                 D, and E).
RC-L........................  16.b.(6)........................  Over-the-counter            RCONG448, RCONG449,
                                                                 derivatives: Fair value     RCONG450, RCONG451,
                                                                 of collateral: Equity       RCONG452
                                                                 securities (Columns A, B,
                                                                 C, D, and E).
RC-L........................  16.b.(7)........................  Over-the-counter            RCONG454, RCONG455,
                                                                 derivatives: Fair value     RCONG456
                                                                 of collateral: All other
                                                                 collateral (Columns B, C,
                                                                 and D). Note: Amounts
                                                                 reported in items
                                                                 16.b.(4), 16.b.(5), and
                                                                 16.b.(6), Columns A and
                                                                 E, will be included in
                                                                 item 16.b.(7), Columns A
                                                                 and E.

[[Page 29169]]

 
RC-L........................  16.b.(8)........................  Over-the-counter            RCONG459, RCONG460,
                                                                 derivatives: Fair value     RCONG461
                                                                 of collateral: Total fair
                                                                 value of collateral
                                                                 (Columns B, C, and D).
                                                                 Note: Amounts reported in
                                                                 items 16.a, 16.b.(1),
                                                                 16.b.(2), 16.b.(3),
                                                                 16.b.(4), 16.b.(5),
                                                                 16.b.(6), and 16.b.(7),
                                                                 Columns B, C, and D, will
                                                                 be included in items
                                                                 16.a, 16.b.(1), 16.b.(2),
                                                                 16.b.(3), and 16.b.(7),
                                                                 Column E.
RC-M........................  2.b.............................  Purchased credit card       RCONB026
                                                                 relationships and
                                                                 nonmortgage servicing
                                                                 assets. Note: Amounts
                                                                 reported in item 2.b will
                                                                 be included in item 2.c,
                                                                 All other identifiable
                                                                 intangible assets.
RC-M........................  3.f.............................  Foreclosed properties from  RCONC979
                                                                 ``GNMA loans.'' Note:
                                                                 Amounts reported in item
                                                                 3.f will be included in
                                                                 item 3.c, Other real
                                                                 estate owned: 1-4 family
                                                                 residential properties.
----------------------------------------------------------------------------------------------------------------


                                           Other Impacts to Data Items
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RC..........................  10 (New)........................  Intangible assets. Note:    RCON2143
                                                                 Items 10.a and 10.b of
                                                                 Schedule RC will be
                                                                 combined into this data
                                                                 item.
RC-B........................  2 (New).........................  U.S. Government agency      To be determined
                                                                 obligations (exclude        (TBD) (4 MDRMs)
                                                                 mortgage-backed
                                                                 securities (Columns A
                                                                 through D). Note: Items
                                                                 2.a and 2.b of Schedule
                                                                 RC-B removed above will
                                                                 be combined into this
                                                                 data item (Columns A
                                                                 through D).
RC-B........................  5.b (New).......................  Structured financial        TBD (4 MDRMs)
                                                                 products (Columns A
                                                                 through D). Note: Items
                                                                 5.b.(1), 5.b.(2), and
                                                                 5.b.(3) of Schedule RC-B
                                                                 removed above will be
                                                                 combined into this data
                                                                 item (Columns A through
                                                                 D).
RC-D........................  5.a (New).......................  Structured financial        TBD
                                                                 products. Note: Items
                                                                 5.a.(1), 5.a.(2), and
                                                                 5.a.(3) of Schedule RC-D
                                                                 removed above will be
                                                                 combined into this data
                                                                 item.
RC-D........................  6.a.(1) (New)...................  Loans secured by 1-4        TBD
                                                                 family residential
                                                                 properties. Note: Items
                                                                 6.a.(3)(a),
                                                                 6.a.(3)(b)(1), and
                                                                 6.a.(3)(b)(2) of Schedule
                                                                 RC-D removed above will
                                                                 be combined into this
                                                                 data item.
RC-D........................  6.a.(2) (New)...................  All other loans secured by  TBD
                                                                 real estate. Note: Items
                                                                 6.a.(1), 6.a.(2),
                                                                 6.a.(4), and 6.a.(5) of
                                                                 Schedule RC-D removed
                                                                 above will be combined
                                                                 into this data item.
RC-D........................  6.c (New).......................  Loans to individuals for    TBD
                                                                 household, family and
                                                                 other personal
                                                                 expenditures (i.e.,
                                                                 consumer loans) (includes
                                                                 purchased paper). Note:
                                                                 Items 6.c.(1), 6.c.(2),
                                                                 6.c.(3), and 6.c.(4) of
                                                                 Schedule RC-D removed
                                                                 above will be combined
                                                                 into this data item.
RC-D........................  M1.a.(1) (New)..................  Unpaid principal balance    TBD
                                                                 of loans measured at fair
                                                                 value: Loans secured by 1-
                                                                 4 family residential
                                                                 properties. Note: Items
                                                                 M1.a.(3)(a),
                                                                 M1.a.(3)(b)(1), and
                                                                 M1.a.(3)(b)(2) of
                                                                 Schedule RC-D removed
                                                                 above will be combined
                                                                 into this data item.
RC-D........................  M1.a.(2) (New)..................  Unpaid principal balance    TBD
                                                                 of loans measured at fair
                                                                 value: All other loans
                                                                 secured by real estate.
                                                                 Note: Items M1.a.(1),
                                                                 M1.a.(2), M1.a.(4), and
                                                                 M1.a.(5) of Schedule RC-D
                                                                 removed above will be
                                                                 combined into this data
                                                                 item.
RC-D........................  M1.c (New)......................  Unpaid principal balance    TBD
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures. Note: Items
                                                                 M1.c.(1), M1.c.(2),
                                                                 M1.c.(3), and M1.c.(4) of
                                                                 Schedule RC-D removed
                                                                 above will be combined
                                                                 into this data item.
RC-L........................  1.a.(1) (New)...................  Unused commitments for      TBD
                                                                 reverse mortgages
                                                                 outstanding that are held
                                                                 for investment. Note:
                                                                 Items 1.a.(1) and 1.a.(2)
                                                                 of Schedule RC-L removed
                                                                 above will be combined
                                                                 into this data item.
RC-M........................  2.b (Re-mapping)................  Goodwill. Note: Schedule    RCON3163
                                                                 RC, item 10.a will be
                                                                 moved to Schedule RC-M,
                                                                 new item 2.b., and the
                                                                 phrase ``other than
                                                                 goodwill'' will be
                                                                 removed from the caption
                                                                 for Schedule RC-M, item 2.
----------------------------------------------------------------------------------------------------------------


                             Data Items With a Reduction in Frequency of Collection
                                 Semiannual Reporting (June 30 and December 31)
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RI..........................  M12.............................  Noncash income from         RIADF228
                                                                 negative amortization on
                                                                 closed-end loans secured
                                                                 by 1-4 family residential
                                                                 properties.

[[Page 29170]]

 
RC-B........................  M3..............................  Amortized cost of held-to-  RCON1778
                                                                 maturity securities sold
                                                                 or transferred to
                                                                 available-for-sale or
                                                                 trading securities during
                                                                 the calendar year-to-date.
RC-C, Part I................  M7.a............................  Purchased credit-impaired   RCONC779
                                                                 loans held for investment
                                                                 accounted for in
                                                                 accordance with FASB ASC
                                                                 310-30: Outstanding
                                                                 balance.
RC-C, Part I................  M7.b............................  Purchased credit-impaired   RCONC780
                                                                 loans held for investment
                                                                 accounted for in
                                                                 accordance with FASB ASC
                                                                 310-30: Amount included
                                                                 in Schedule RC-C, Part I,
                                                                 items 1 through 9.
RC-C, Part I................  M8.a............................  Total amount of closed-end  RCONF230
                                                                 loans with negative
                                                                 amortization features
                                                                 secured by 1-4 family
                                                                 residential properties.
RC-C, Part I................  M8.b............................  Total maximum remaining     RCONF231
                                                                 amount of negative
                                                                 amortization
                                                                 contractually permitted
                                                                 on closed-end loans
                                                                 secured by 1-4 family
                                                                 residential properties.
RC-C, Part I................  M8.c............................  Total amount of negative    RCONF232
                                                                 amortization on closed-
                                                                 end loans secured by 1-4
                                                                 family residential
                                                                 properties included in
                                                                 the amount reported in
                                                                 Memorandum item 8.a above.
RC-C, Part I................  M12.a...........................  Loans (not subject to the   RCONG091, RCONG092,
                                                                 requirements of FASB ASC    RCONG093
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 Loans secured by real
                                                                 estate (Columns A through
                                                                 C).
RC-C, Part I................  M12.b...........................  Loans (not subject to the   RCONG094, RCONG095,
                                                                 requirements of FASB ASC    RCONG096
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 Commercial and industrial
                                                                 loans (Columns A through
                                                                 C).
RC-C, Part I................  M12.c...........................  Loans (not subject to the   RCONG097, RCONG098,
                                                                 requirements of FASB ASC    RCONG099
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 Loans to individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures (Columns A
                                                                 through C).
RC-C, Part I................  M12.d...........................  Loans (not subject to the   RCONG100, RCONG101,
                                                                 requirements of FASB ASC    RCONG102
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 All other loans and all
                                                                 leases (Columns A through
                                                                 C).
RC-L........................  1.b.(1).........................  Unused consumer credit      RCONJ455
                                                                 card lines.
RC-L........................  1.b.(2).........................  Other unused credit card    RCONJ456
                                                                 lines.
RC-L........................  11.a............................  Year-to-date merchant       RCONC223
                                                                 credit card sales volume:
                                                                 Sales for which the
                                                                 reporting bank is the
                                                                 acquiring bank.
RC-L........................  11.b............................  Year-to-date merchant       RCONC224
                                                                 credit card sales volume:
                                                                 Sales for which the
                                                                 reporting bank is the
                                                                 agent bank with risk.
RC-N........................  M7..............................  Additions to nonaccrual     RCONC410
                                                                 assets during the
                                                                 quarter. Note: This
                                                                 caption would be revised
                                                                 to ``Additions to
                                                                 nonaccrual assets during
                                                                 the last 6 months.''.
RC-N........................  M8..............................  Nonaccrual assets sold      RCONC411
                                                                 during the quarter. Note:
                                                                 This caption would be
                                                                 revised to ''Nonaccrual
                                                                 assets sold during the
                                                                 last 6 months''.
RC-N........................  M9.a............................  Purchased credit-impaired   RCONL183, RCONL184,
                                                                 loans accounted for in      RCONL185
                                                                 accordance with FASB ASC
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3): Outstanding balance
                                                                 (Columns A through C).
RC-N........................  M9.b............................  Purchased credit-impaired   RCONL186, RCONL187,
                                                                 loans accounted for in      RCONL188
                                                                 accordance with FASB ASC
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3): Amount included in
                                                                 Schedule RC-N, items 1
                                                                 through 7, above (Columns
                                                                 A through C).
----------------------------------------------------------------------------------------------------------------


                                           Annual Reporting (December)
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-M........................  9...............................  Do any of the bank's        RCON4088
                                                                 Internet websites have
                                                                 transactional capability,
                                                                 i.e., allow the bank's
                                                                 customers to execute
                                                                 transactions on their
                                                                 accounts through the
                                                                 website?
RC-M........................  14.a............................  Total assets of captive     RCONK193
                                                                 insurance subsidiaries.
RC-M........................  14.b............................  Total assets of captive     RCONK194
                                                                 reinsurance subsidiaries.
----------------------------------------------------------------------------------------------------------------


[[Page 29171]]


                               Data Items With an Increase in Reporting Threshold
 [Schedule RC-D is to be completed by banks that reported total trading assets of $10 million or more in any of
  the four preceding calendar quarters and all banks meeting the FDIC's definition of a large or highly complex
                             institution for deposit insurance assessment purposes.]
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
                        To be completed by banks with $10 billion or more in total assets
----------------------------------------------------------------------------------------------------------------
RC-B........................  M5.a............................  Asset-backed securities:    RCONB838, RCONB839,
                                                                 Credit card receivables     RCONB840, RCONB841
                                                                 (Columns A, B, C, and D).
RC-B........................  M5.b............................  Asset-backed securities:    RCONB842, RCONB843,
                                                                 Home equity lines           RCONB844, RCONB845
                                                                 (Columns A, B, C, and D).
RC-B........................  M5.c............................  Asset-backed securities:    RCONB846, RCONB847,
                                                                 Automobile loans (Columns   RCONB848, RCONB849
                                                                 A, B, C, and D).
RC-B........................  M5.d............................  Asset-backed securities:    RCONB850, RCONB851,
                                                                 Other consumer loans        RCONB852, RCONB853
                                                                 (Columns A, B, C, and D).
RC-B........................  M5.e............................  Asset-backed securities:    RCONB854, RCONB855,
                                                                 Commercial and industrial   RCONB856, RCONB857
                                                                 loans (Columns A, B, C,
                                                                 and D).
RC-B........................  M5.f............................  Asset-backed securities:    RCONB858, RCONB859,
                                                                 Other (Columns A, B, C,     RCONB860, RCONB861
                                                                 and D).
RC-B........................  M6.a............................  Structured financial        RCONG348, RCONG349,
                                                                 products by underlying      RCONG350, RCONG351
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by
                                                                 financial institutions
                                                                 (Columns A through D).
RC-B........................  M6.b............................  Structured financial        RCONG352, RCONG353,
                                                                 products by underlying      RCONG354, RCONG355
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by real
                                                                 estate investment trusts
                                                                 (Columns A through D).
RC-B........................  M6.c............................  Structured financial        RCONG356, RCONG357,
                                                                 products by underlying      RCONG358, RCONG359
                                                                 collateral or reference
                                                                 assets: Corporate and
                                                                 similar loans (Columns A
                                                                 through D).
RC-B........................  M6.d............................  Structured financial        RCONG360, RCONG361,
                                                                 products by underlying      RCONG362, RCONG363
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS issued or
                                                                 guaranteed by U.S.
                                                                 Government-sponsored
                                                                 enterprises (GSEs)
                                                                 (Columns A through D).
RC-B........................  M6.e............................  Structured financial        RCONG364, RCONG365,
                                                                 products by underlying      RCONG366, RCONG367
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS not
                                                                 issued or guaranteed by
                                                                 GSEs (Columns A through
                                                                 D).
RC-B........................  M6.f............................  Structured financial        RCONG368, RCONG369,
                                                                 products by underlying      RCONG370, RCONG371
                                                                 collateral or reference
                                                                 assets: Diversified
                                                                 (mixed) pools of
                                                                 structured financial
                                                                 products (Columns A
                                                                 through D).
RC-B........................  M6.g............................  Structured financial        RCONG372, RCONG373,
                                                                 products by underlying      RCONG374, RCONG375
                                                                 collateral or reference
                                                                 assets: Other collateral
                                                                 or reference assets
                                                                 (Columns A through D).
----------------------------------------------------------------------------------------------------------------
   To be completed by banks with components of other noninterest income in amounts greater than $100,000 that
                                    exceed 7 percent of Schedule RI, item 5.l
----------------------------------------------------------------------------------------------------------------
RI-E........................  1.a through 1.l.................  Other noninterest income    RIADC013, RIADC014,
                                                                 (from Schedule RI, item     RIADC016, RIAD4042,
                                                                 5.l).                       RIADC015, RIADF555,
                                                                                             RIADT047, RIAD4461,
                                                                                             RIAD4462, RIAD4463
----------------------------------------------------------------------------------------------------------------
   To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that
                                    exceed 7 percent of Schedule RI, item 7.d
----------------------------------------------------------------------------------------------------------------
RI-E........................  2.a through 2.p.................  Other noninterest expense   RIADC017, RIAD0497,
                                                                 (from Schedule RI, item     RIAD4136, RIADC018,
                                                                 7.d).                       RIAD8403, RIAD4141,
                                                                                             RIAD4146, RIADF556,
                                                                                             RIADF557, RIADF558,
                                                                                             RIADF559, RIADY923,
                                                                                             RIADY924, RIAD4464,
                                                                                             RIAD4467, RIAD4468
----------------------------------------------------------------------------------------------------------------
 To be completed by banks with total trading assets of $10 million or more in any of the four preceding calendar
    quarters and all banks meeting the FDIC's definition of a large or highly complex institution for deposit
                                         insurance assessment purposes.
----------------------------------------------------------------------------------------------------------------
RC-K........................  7...............................  Trading assets............  RCON3401
----------------------------------------------------------------------------------------------------------------


[[Page 29172]]

Appendix D

FFIEC 031: To Be Completed by Banks With Domestic and Foreign Offices 
and Banks With Domestic Offices Only and Consolidated Total Assets of 
$100 Billion or More

Data Items Removed, Other Impacts to Data Items, Reduction in 
Reporting Frequency, or Increase in Reporting Threshold

                                               Data Items Removed
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RI-E........................  1.f.............................  Net change in the fair      RIADF229
                                                                 values of financial
                                                                 instruments accounted for
                                                                 under a fair value option.
RI-E........................  1.h.............................  Gains on bargain purchases  RIADJ447
RC..........................  10.a............................  Goodwill. Note: Schedule    RCFD3163
                                                                 RC, item 10.a will be
                                                                 moved to Schedule RC-M,
                                                                 new item 2.b.
RC..........................  10.b............................  Other intangible assets.    RCFD0426
                                                                 Note: Items 10.a and 10.b
                                                                 of Schedule RC will be
                                                                 combined into one data
                                                                 item.
RC-B........................  2.a.............................  U.S. Government agency      RCFD1289, RCFD1290,
                                                                 obligations (exclude        RCFD1291, RCFD1293
                                                                 mortgage-backed
                                                                 securities): Issued by
                                                                 U.S. Government agencies
                                                                 (Columns A through D).
RC-B........................  2.b.............................  U.S. Government agency      RCFD1294, RCFD1295,
                                                                 obligations (exclude        RCFD1297, RCFD1298
                                                                 mortgage-backed
                                                                 securities): Issued by
                                                                 U.S. Government-sponsored
                                                                 agencies (Columns A
                                                                 through D). Note: Items
                                                                 2.a and 2.b of Schedule
                                                                 RC-B will be combined
                                                                 into one data item.
RC-B........................  5.b.(1).........................  Structured financial        RCFDG336, RCFDG337,
                                                                 products: Cash (Columns A   RCFDG338, RCFDG339
                                                                 through D).
RC-B........................  5.b.(2).........................  Structured financial        RCFDG340, RCFDG341,
                                                                 products: Synthetic         RCFDG342, RCFDG343
                                                                 (Columns A through D).
RC-B........................  5.b.(3).........................  Structured financial        RCFDG344, RCFDG345,
                                                                 products: Hybrid (Columns   RCFDG346, RCFDG347
                                                                 A through D). Note: Items
                                                                 5.b.(1), 5.b.(2), and
                                                                 5.b.(3) of Schedule RC-B
                                                                 will be combined into one
                                                                 data item.
RC-D........................  All data items reported in        Column B, ``Domestic        RCON3531, RCON3532,
                               Column B, ``Domestic offices''.   offices.'' Note: Data       RCON3533, RCONG379,
                                                                 items 6.a.(1) through       RCONG380, RCONG381,
                                                                 6.a.(5), Column B, will     RCONK197, RCONK198,
                                                                 be combined into two data   RCONG383, RCONG384,
                                                                 items to be collected for   RCONG385, RCONG386,
                                                                 the consolidated bank in    RCONF604, RCONF605,
                                                                 Column A, which will        RCONF606, RCONF607,
                                                                 replace data item 6.a,      RCONF611, RCONF612,
                                                                 Column A. In addition,      RCONF613, RCONF614,
                                                                 data items M1.a.(1)         RCONF615, RCONF616,
                                                                 through M1.a.(5), Column    RCONK199, RCONK210,
                                                                 B, will be combined into    RCONF618, RCON3541,
                                                                 two data items to be        RCON3543, RCON3545,
                                                                 collected for the           RCON3546, RCONF624,
                                                                 consolidated bank in        RCON3547, RCON3548,
                                                                 Column A, which will        RCONF625, RCONF626,
                                                                 replace data item M.1.a,    RCONF627, RCONF628,
                                                                 Column A. Data items 12     RCONF629, RCONF630,
                                                                 and 15, Column B, will be   RCONF631, RCONF632,
                                                                 moved to Schedule RC-H,     RCONF633, RCONF634,
                                                                 new items 19 and 20. Data   RCONK200, RCONK211,
                                                                 items 6.a.(1) through       RCONF636, RCONF639,
                                                                 6.d, Column B, will be      RCONF640, RCONG299,
                                                                 combined into one data      RCONG332, RCONG333,
                                                                 item and moved to           RCONG334, RCONG335,
                                                                 Schedule RC-H, new item     RCONG651, RCONG652,
                                                                 21.                         RCONG387, RCONG388
RC-D........................  5.a.(1).........................  Structured financial        RCFDG383
                                                                 products: Cash (Column A).
RC-D........................  5.a.(2).........................  Structured financial        RCFDG384
                                                                 products: Synthetic
                                                                 (Column A).
RC-D........................  5.a.(3).........................  Structured financial        RCFDG385
                                                                 products: Hybrid (Column
                                                                 A). Note: Items 5.a.(1),
                                                                 5.a.(2), and 5.a.(3) of
                                                                 Schedule RC-D, Column A,
                                                                 will be combined into one
                                                                 data item.
RC-D........................  6.a.............................  Loans secured by real       RCFDF610
                                                                 estate (Column A).
RC-D........................  6.c.(1).........................  Loans to individuals for    RCFDF615
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Credit
                                                                 cards (Column A).
RC-D........................  6.c.(2).........................  Loans to individuals for    RCFDF616
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 revolving credit plans
                                                                 (Column A).

[[Page 29173]]

 
RC-D........................  6.c.(3).........................  Loans to individuals for    RCFDK199
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Automobile
                                                                 loans (Column A).
RC-D........................  6.c.(4).........................  Loans to individuals for    RCFDK210
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 consumer loans. Note:
                                                                 Items 6.c.(1), 6.c.(2),
                                                                 6.c.(3), and 6.c.(4) of
                                                                 Schedule RC-D, Column A,
                                                                 will be combined into one
                                                                 data item.
RC-D........................  M1.a............................  Unpaid principal balance    RCFDF790
                                                                 of loans measured at fair
                                                                 value: Loans secured by
                                                                 real estate (Column A).
RC-D........................  M1.c.(1)........................  Unpaid principal balance    RCFDF633
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Credit
                                                                 cards (Column A).
RC-D........................  M1.c.(2)........................  Unpaid principal balance    RCFDF634
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 revolving credit plans
                                                                 (Column A).
RC-D........................  M1.c.(3)........................  Unpaid principal balance    RCFDK200
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Automobile
                                                                 loans (Column A).
RC-D........................  M1.c.(4)........................  Unpaid principal balance    RCFDK211
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures: Other
                                                                 consumer loans (Column
                                                                 A). Note: Items M1.c.(1),
                                                                 M1.c.(2), M1.c.(3), and
                                                                 M1.c.(4) of Schedule RC-
                                                                 D, Column A, will be
                                                                 combined into one data
                                                                 item.
RC-D........................  M6..............................  Retained beneficial         RCFDF651
                                                                 interests in
                                                                 securitizations.
RC-L........................  1.a.(1).........................  Unused commitments for      RCONJ477
                                                                 Home Equity Conversion
                                                                 Mortgage (HECM) reverse
                                                                 mortgages outstanding
                                                                 that are held for
                                                                 investment.
RC-L........................  1.a.(2).........................  Unused commitments for      RCONJ478
                                                                 proprietary reverse
                                                                 mortgages outstanding
                                                                 that are held for
                                                                 investment. Note: Items
                                                                 1.a.(1) and 1.a.(2) of
                                                                 Schedule RC-L will be
                                                                 combined into one data
                                                                 item.
RC-L........................  16.a............................  Over-the-counter            RCFDG419
                                                                 derivatives: Net current
                                                                 credit exposure (Column
                                                                 B).
RC-L........................  16.b.(1)........................  Over-the-counter            RCFDG424
                                                                 derivatives: Fair value
                                                                 of collateral: Cash--U.S.
                                                                 dollar (Column B).
RC-L........................  16.b.(2)........................  Over-the-counter            RCFDG429
                                                                 derivatives: Fair value
                                                                 of collateral: Cash--
                                                                 Other currencies (Column
                                                                 B).
RC-L........................  16.b.(3)........................  Over-the-counter            RCFDG434
                                                                 derivatives: Fair value
                                                                 of collateral: U.S.
                                                                 Treasury securities
                                                                 (Column B).
RC-L........................  16.b.(4)........................  Over-the-counter            RCFDG439
                                                                 derivatives: Fair value
                                                                 of collateral: U.S.
                                                                 Government agency and
                                                                 U.S. Government-sponsored
                                                                 agency debt securities
                                                                 (Column B).
RC-L........................  16.b.(5)........................  Over-the-counter            RCFDG444
                                                                 derivatives: Fair value
                                                                 of collateral: Corporate
                                                                 bonds (Column B).
RC-L........................  16.b.(6)........................  Over-the-counter            RCFDG449
                                                                 derivatives: Fair value
                                                                 of collateral: Equity
                                                                 securities (Column B).
RC-L........................  16.b.(7)........................  Over-the-counter            RCFDG454
                                                                 derivatives: Fair value
                                                                 of collateral: All other
                                                                 collateral (Column B).
RC-L........................  16.b.(8)........................  Over-the-counter            RCFDG459
                                                                 derivatives: Fair value
                                                                 of collateral: Total fair
                                                                 value of collateral
                                                                 (Column B). Note: Amounts
                                                                 reported in items 16.a,
                                                                 16.b.(1), 16.b.(2),
                                                                 16.b.(3), 16.b.(4),
                                                                 16.b.(5), 16.b.(6),
                                                                 16.b.(7), and 16.b.(8),
                                                                 Column B, will be
                                                                 included in items 16.a,
                                                                 16.b.(1), 16.b.(2),
                                                                 16.b.(3), 16.b.(4),
                                                                 16.b.(5), 16.b.(6),
                                                                 16.b.(7), and 16.b.(8),
                                                                 Column E.
RC-M........................  2.b.............................  Purchased credit card       RCFDB026
                                                                 relationships and
                                                                 nonmortgage servicing
                                                                 assets. Note: Amounts
                                                                 reported in item 2.b will
                                                                 be included in item 2.c,
                                                                 All other identifiable
                                                                 intangible assets.
RC-M........................  3.f.............................  Foreclosed properties from  RCONC979
                                                                 ``GNMA loans.'' Note:
                                                                 Amounts reported in item
                                                                 3.f will be included in
                                                                 item 3.c, Other real
                                                                 estate owned: 1-4 family
                                                                 residential properties.
----------------------------------------------------------------------------------------------------------------


                                           Other Impacts to Data Items
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RC..........................  10 (New)........................  Intangible assets. Note:    RCFD2143
                                                                 Items 10.a and 10.b of
                                                                 Schedule RC will be
                                                                 combined into this data
                                                                 item.
RC-B........................  2 (New).........................  U.S. Government agency      To be determined
                                                                 obligations (exclude        (TBD) (4 MDRMs)
                                                                 mortgage-backed
                                                                 securities (Columns A
                                                                 through D). Note: Items
                                                                 2.a and 2.b of Schedule
                                                                 RC-B removed above will
                                                                 be combined into this
                                                                 data item (Columns A
                                                                 through D).

[[Page 29174]]

 
RC-B........................  5.b (New).......................  Structured financial        TBD (4 MDRMs)
                                                                 products (Columns A
                                                                 through D). Note: Items
                                                                 5.b.(1), 5.b.(2), and
                                                                 5.b.(3) of Schedule RC-B
                                                                 removed above will be
                                                                 combined into this data
                                                                 item (Columns A through
                                                                 D).
RC-D........................  5.a (New).......................  Structured financial        TBD
                                                                 products. Note: Items
                                                                 5.a.(1), 5.a.(2), and
                                                                 5.a.(3) of Schedule RC-D,
                                                                 Column A, removed above
                                                                 will be combined into
                                                                 this data item.
RC-D........................  6.a.(1) (New)...................  Loans secured by 1-4        TBD
                                                                 family residential
                                                                 properties. Note: Items
                                                                 6.a.(3)(a),
                                                                 6.a.(3)(b)(1), and
                                                                 6.a.(3)(b)(2) of Schedule
                                                                 RC-D, Column B, removed
                                                                 above will be combined
                                                                 into this data item for
                                                                 the consolidated bank in
                                                                 Column A, which will
                                                                 partially replace item
                                                                 6.a, Column A.
RC-D........................  6.a.(2) (New)...................  All other loans secured by  TBD
                                                                 real estate. Note: Items
                                                                 6.a.(1), 6.a.(2),
                                                                 6.a.(4), and 6.a.(5) of
                                                                 Schedule RC-D, Column B,
                                                                 removed above will be
                                                                 combined into this data
                                                                 item for the consolidated
                                                                 bank in Column A, which
                                                                 will partially replace
                                                                 item 6.a, Column A.
RC-D........................  6.c (New).......................  Loans to individuals for    TBD
                                                                 household, family and
                                                                 other personal
                                                                 expenditures (i.e.,
                                                                 consumer loans) (includes
                                                                 purchased paper). Note:
                                                                 Items 6.c.(1), 6.c.(2),
                                                                 6.c.(3), and 6.c.(4) of
                                                                 Schedule RC-D removed
                                                                 above will be combined
                                                                 into this data item.
RC-D........................  M1.a.(1) (New)..................  Unpaid principal balance    TBD
                                                                 of loans measured at fair
                                                                 value: Loans secured by 1-
                                                                 4 family residential
                                                                 properties. Note: Items
                                                                 M1.a.(3)(a),
                                                                 M1.a.(3)(b)(1), and
                                                                 M1.a.(3)(b)(2) of
                                                                 Schedule RC-D, Column B,
                                                                 removed above will be
                                                                 combined into this data
                                                                 item for the consolidated
                                                                 bank in Column A, which
                                                                 will partially replace
                                                                 item M.1.a, Column A.
RC-D........................  M1.a.(2) (New)..................  Unpaid principal balance    TBD
                                                                 of loans measured at fair
                                                                 value: All other loans
                                                                 secured by real estate.
                                                                 Note: Items M1.a.(1),
                                                                 M1.a.(2), M1.a.(4), and
                                                                 M1.a.(5) of Schedule RC-
                                                                 D, Column B, removed
                                                                 above will be combined
                                                                 into this data item for
                                                                 the consolidated bank in
                                                                 Column A, which will
                                                                 partially replace item
                                                                 M.1.a, Column A.
RC-D........................  M1.c (New)......................  Unpaid principal balance    TBD
                                                                 of loans measured at fair
                                                                 value: Loans to
                                                                 individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures (i.e.,
                                                                 consumer loans) (includes
                                                                 purchased paper). Note:
                                                                 Items M1.c.(1), M1.c.(2),
                                                                 M1.c.(3), and M1.c.(4) of
                                                                 Schedule RC-D, Column A,
                                                                 removed above will be
                                                                 combined into this data
                                                                 item.
RC-H........................  19 (Re-mapping).................  Total trading assets.       RCON3545
                                                                 Note: Schedule RC-D, item
                                                                 12, Column B, will be
                                                                 moved to Schedule RC-H,
                                                                 item 19. The proposed
                                                                 threshold change
                                                                 applicable to Schedule RC-
                                                                 D applies to this item.
RC-H........................  20 (Re-mapping).................  Total trading liabilities.  RCON3548
                                                                 Note: Schedule RC-D, item
                                                                 15, Column B, will be
                                                                 moved to Schedule RC-H,
                                                                 item 20. The proposed
                                                                 threshold change
                                                                 applicable to Schedule RC-
                                                                 D applies to this item.
RC-H........................  21 (New)........................  Total loans held for        TBD
                                                                 trading. Note: The
                                                                 proposed threshold change
                                                                 applicable to Schedule RC-
                                                                 D applies to this item.
RC-L........................  1.a (New).......................  Unused commitments for      TBD
                                                                 reverse mortgages
                                                                 outstanding that are held
                                                                 for investment. Note:
                                                                 Items 1.a.(1) and 1.a.(2)
                                                                 of Schedule RC-L removed
                                                                 above will be combined
                                                                 into this data item.
RC-M........................  2.b (Re-mapping)................  Goodwill. Note: Schedule    RCFD3163
                                                                 RC, item 10.a will be
                                                                 moved to Schedule RC-M,
                                                                 new item 2.b., and the
                                                                 phrase ``other than
                                                                 goodwill'' will be
                                                                 removed from the caption
                                                                 for Schedule RC-M, item 2.
----------------------------------------------------------------------------------------------------------------


                             Data Items With a Reduction in Frequency of Collection
                                 Semiannual Reporting (June 30 and December 31)
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RI..........................  M12.............................  Noncash income from         RIADF228
                                                                 negative amortization on
                                                                 closed-end loans secured
                                                                 by 1-4 family residential
                                                                 properties.
RC-B........................  M3..............................  Amortized cost of held-to-  RCFD1778
                                                                 maturity securities sold
                                                                 or transferred to
                                                                 available-for-sale or
                                                                 trading securities during
                                                                 the calendar year-to-date.

[[Page 29175]]

 
RC-C, Part I................  M7.a............................  Purchased credit-impaired   RCFDC779
                                                                 loans held for investment
                                                                 accounted for in
                                                                 accordance with FASB ASC
                                                                 310-30: Outstanding
                                                                 balance.
RC-C, Part I................  M7.b............................  Purchased credit-impaired   RCFDC780
                                                                 loans held for investment
                                                                 accounted for in
                                                                 accordance with FASB ASC
                                                                 310-30: Amount included
                                                                 in Schedule RC-C, Part I,
                                                                 items 1 through 9.
RC-C, Part I................  M8.a............................  Total amount of closed-end  RCONF230
                                                                 loans with negative
                                                                 amortization features
                                                                 secured by 1-4 family
                                                                 residential properties.
RC-C, Part I................  M8.b............................  Total maximum remaining     RCONF231
                                                                 amount of negative
                                                                 amortization
                                                                 contractually permitted
                                                                 on closed-end loans
                                                                 secured by 1-4 family
                                                                 residential properties.
RC-C, Part I................  M8.c............................  Total amount of negative    RCONF232
                                                                 amortization on closed-
                                                                 end loans secured by 1-4
                                                                 family residential
                                                                 properties included in
                                                                 the amount reported in
                                                                 Memorandum item 8.a above.
RC-C, Part I................  M12.a...........................  Loans (not subject to the   RCFDG091, RCFDG092,
                                                                 requirements of FASB ASC    RCFDG093
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 Loans secured by real
                                                                 estate (Columns A through
                                                                 C).
RC-C, Part I................  M12.b...........................  Loans (not subject to the   RCFDG094, RCFDG095,
                                                                 requirements of FASB ASC    RCFDG096
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 Commercial and industrial
                                                                 loans (Columns A through
                                                                 C).
RC-C, Part I................  M12.c...........................  Loans (not subject to the   RCFDG097, RCFDG098,
                                                                 requirements of FASB ASC    RCFDG099
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 Loans to individuals for
                                                                 household, family, and
                                                                 other personal
                                                                 expenditures (Columns A
                                                                 through C).
RC-C, Part I................  M12.d...........................  Loans (not subject to the   RCFDG100, RCFDG101,
                                                                 requirements of FASB ASC    RCFDG102
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3)) and leases held for
                                                                 investment that were
                                                                 acquired in business
                                                                 combinations with
                                                                 acquisition dates in the
                                                                 current calendar year:
                                                                 All other loans and all
                                                                 leases (Columns A through
                                                                 C).
RC-L........................  1.b.(1).........................  Unused consumer credit      RCFDJ455
                                                                 card lines.
RC-L........................  1.b.(2).........................  Other unused credit card    RCFDJ456
                                                                 lines.
RC-L........................  11.a............................  Year-to-date merchant       RCFDC223
                                                                 credit card sales volume:
                                                                 Sales for which the
                                                                 reporting bank is the
                                                                 acquiring bank.
RC-L........................  11.b............................  Year-to-date merchant       RCFDC224
                                                                 credit card sales volume:
                                                                 Sales for which the
                                                                 reporting bank is the
                                                                 agent bank with risk.
RC-N........................  M7..............................  Additions to nonaccrual     RCFDC410
                                                                 assets during the
                                                                 quarter. Note: This
                                                                 caption would be revised
                                                                 to ``Additions to
                                                                 nonaccrual assets during
                                                                 the last 6 months.''
RC-N........................  M8..............................  Nonaccrual assets sold      RCFDC411
                                                                 during the quarter. Note:
                                                                 This caption would be
                                                                 revised to ``Nonaccrual
                                                                 assets sold during the
                                                                 last 6 months.''
RC-N........................  M9.a............................  Purchased credit-impaired   RCFDL183, RCFDL184,
                                                                 loans accounted for in      RCFDL185
                                                                 accordance with FASB ASC
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3): Outstanding balance
                                                                 (Columns A through C).
RC-N........................  M9.b............................  Purchased credit-impaired   RCFDL186, RCFDL187,
                                                                 loans accounted for in      RCFDL188
                                                                 accordance with FASB ASC
                                                                 310-30 (former AICPA
                                                                 Statement of Position 03-
                                                                 3): Amount included in
                                                                 Schedule RC-N, items 1
                                                                 through 7, above (Columns
                                                                 A through C).
----------------------------------------------------------------------------------------------------------------


                                           Annual Reporting (December)
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-M........................  9...............................  Do any of the bank's        RCFD4088
                                                                 Internet websites have
                                                                 transactional capability,
                                                                 i.e., allow the bank's
                                                                 customers to execute
                                                                 transactions on their
                                                                 accounts through the
                                                                 website?
RC-M........................  14.a............................  Total assets of captive     RCFDK193
                                                                 insurance subsidiaries.
RC-M........................  14.b............................  Total assets of captive     RCFDK194
                                                                 reinsurance subsidiaries.
----------------------------------------------------------------------------------------------------------------


[[Page 29176]]


                               Data Items With an Increase in Reporting Threshold
  [Schedule RI-D is to be completed by banks with foreign offices (including Edge or Agreement subsidiaries and
  IBFs) and $10 billion or more in total assets where foreign office revenues, assets, or net income exceed 10
                      percent of consolidated total revenues, total assets, or net income.]
 [Schedule RC-D is to be completed by banks that reported total trading assets of $10 million or more in any of
  the four preceding calendar quarters and all banks meeting the FDIC's definition of a large or highly complex
                             institution for deposit insurance assessment purposes.]
----------------------------------------------------------------------------------------------------------------
          Schedule                          Item                         Item name                MDRM No.
----------------------------------------------------------------------------------------------------------------
                        To be completed by banks with $10 billion or more in total assets
----------------------------------------------------------------------------------------------------------------
RC-B........................  M5.a............................  Asset-backed securities:    RCFDB838, RCFDB839,
                                                                 Credit card receivables     RCFDB840, RCFDB841
                                                                 (Columns A, B, C, and D).
RC-B........................  M5.b............................  Asset-backed securities:    RCFDB842, RCFDB843,
                                                                 Home equity lines           RCFDB844, RCFDB845
                                                                 (Columns A, B, C, and D).
RC-B........................  M5.c............................  Asset-backed securities:    RCFDB846, RCFDB847,
                                                                 Automobile loans (Columns   RCFDB848, RCFDB849
                                                                 A, B, C, and D).
RC-B........................  M5.d............................  Asset-backed securities:    RCFDB850, RCFDB851,
                                                                 Other consumer loans        RCFDB852, RCFDB853
                                                                 (Columns A, B, C, and D).
RC-B........................  M5.e............................  Asset-backed securities:    RCFDB854, RCFDB855,
                                                                 Commercial and industrial   RCFDB856, RCFDB857
                                                                 loans (Columns A, B, C,
                                                                 and D).
RC-B........................  M5.f............................  Asset-backed securities:    RCFDB858, RCFDB859,
                                                                 Other (Columns A, B, C,     RCFDB860, RCFDB861
                                                                 and D).
RC-B........................  M6.a............................  Structured financial        RCFDG348, RCFDG349,
                                                                 products by underlying      RCFDG350, RCFDG351
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by
                                                                 financial institutions
                                                                 (Columns A through D).
RC-B........................  M6.b............................  Structured financial        RCFDG352, RCFDG353,
                                                                 products by underlying      RCFDG354, RCFDG355
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by real
                                                                 estate investment trusts
                                                                 (Columns A through D).
RC-B........................  M6.c............................  Structured financial        RCFDG356, RCFDG357,
                                                                 products by underlying      RCFDG358, RCFDG359
                                                                 collateral or reference
                                                                 assets: Corporate and
                                                                 similar loans (Columns A
                                                                 through D).
RC-B........................  M6.d............................  Structured financial        RCFDG360, RCFDG361,
                                                                 products by underlying      RCFDG362, RCFDG363
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS issued or
                                                                 guaranteed by U.S.
                                                                 Government-sponsored
                                                                 enterprises (GSEs)
                                                                 (Columns A through D).
RC-B........................  M6.e............................  Structured financial        RCFDG364, RCFDG365,
                                                                 products by underlying      RCFDG366, RCFDG367
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS not
                                                                 issued or guaranteed by
                                                                 GSEs (Columns A through
                                                                 D).
RC-B........................  M6.f............................  Structured financial        RCFDG368, RCFDG369,
                                                                 products by underlying      RCFDG370, RCFDG371
                                                                 collateral or reference
                                                                 assets: Diversified
                                                                 (mixed) pools of
                                                                 structured financial
                                                                 products (Columns A
                                                                 through D).
RC-B........................  M6.g............................  Structured financial        RCFDG372, RCFDG373,
                                                                 products by underlying      RCFDG374, RCFDG375
                                                                 collateral or reference
                                                                 assets: Other collateral
                                                                 or reference assets
                                                                 (Columns A through D).
----------------------------------------------------------------------------------------------------------------
                    To be completed by banks with $10 billion or more in total trading assets
----------------------------------------------------------------------------------------------------------------
RC-D........................  M2.a............................  Loans measured at fair      RCFDF639
                                                                 value that are past due
                                                                 90 days or more: Fair
                                                                 value (Column A).
RC-D........................  M2.b............................  Loans measured at fair      RCFDF640
                                                                 value that are past due
                                                                 90 days or more: Unpaid
                                                                 principal balance (Column
                                                                 A).
RC-D........................  M3.a............................  Structured financial        RCFDG299
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by
                                                                 financial institutions
                                                                 (Column A).
RC-D........................  M3.b............................  Structured financial        RCFDG332
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Trust preferred
                                                                 securities issued by real
                                                                 estate investment trusts
                                                                 (Column A).
RC-D........................  M3.c............................  Structured financial        RCFDG333
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Corporate and
                                                                 similar loans (Column A).
RC-D........................  M3.d............................  Structured financial        RCFDG334
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS issued or
                                                                 guaranteed by U.S.
                                                                 Government-sponsored
                                                                 enterprises (GSEs)
                                                                 (Column A).
RC-D........................  M3.e............................  Structured financial        RCFDG335
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: 1-4 family
                                                                 residential MBS not
                                                                 issued or guaranteed by
                                                                 GSEs (Column A).
RC-D........................  M3.f............................  Structured financial        RCFDG651
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Diversified
                                                                 (mixed) pools of
                                                                 structured financial
                                                                 products (Column A).
RC-D........................  M3.g............................  Structured financial        RCFDG652
                                                                 products by underlying
                                                                 collateral or reference
                                                                 assets: Other collateral
                                                                 or reference assets
                                                                 (Column A).
RC-D........................  M4.a............................  Pledged trading assets:     RCFDG387
                                                                 Pledged securities
                                                                 (Column A).
RC-D........................  M4.b............................  Pledged trading assets:     RCFDG388
                                                                 Pledged loans (Column A).
RC-D........................  M5.a............................  Asset-backed securities:    RCFDF643
                                                                 Credit card receivables.
RC-D........................  M5.b............................  Asset-backed securities:    RCFDF644
                                                                 Home equity lines.

[[Page 29177]]

 
RC-D........................  M5.c............................  Asset-backed securities:    RCFDF645
                                                                 Automobile loans.
RC-D........................  M5.d............................  Asset-backed securities:    RCFDF646
                                                                 Other consumer loans.
RC-D........................  M5.e............................  Asset-backed securities:    RCFDF647
                                                                 Commercial and industrial
                                                                 loans.
RC-D........................  M5.f............................  Asset-backed securities:    RCFDF648
                                                                 Other.
RC-D........................  M7.a............................  Equity securities: Readily  RCFDF652
                                                                 determinable fair values.
RC-D........................  M7.b............................  Equity securities: Other..  RCFDF653
RC-D........................  M8..............................  Loans pending               RCFDF654
                                                                 securitization.
RC-D........................  M9..............................  Other trading assets......  RCFDF655, RCFDF656,
                                                                                             RCFDF657
RC-D........................  M10.............................  Other trading liabilities.  RCFDF658, RCFDF659,
                                                                                             RCFDF660
----------------------------------------------------------------------------------------------------------------
   To be completed by banks with total trading assets of $10 million or more for any quarter of the preceding
                                                  calendar year
----------------------------------------------------------------------------------------------------------------
RI..........................  M8.a............................  Trading revenue: Interest   RIAD8757
                                                                 rate exposures.
RI..........................  M8.b............................  Trading revenue: Foreign    RIAD8758
                                                                 exchange exposures.
RI..........................  M8.c............................  Trading revenue: Equity     RIAD8759
                                                                 security and index
                                                                 exposures.
RI..........................  M8.d............................  Trading revenue: Commodity  RIAD8760
                                                                 and other exposures.
RI..........................  M8.e............................  Trading revenue: Credit     RIADF186
                                                                 exposures.
----------------------------------------------------------------------------------------------------------------
   To be completed by banks with components of other noninterest income in amounts greater than $100,000 that
                                    exceed 7 percent of Schedule RI, item 5.l
----------------------------------------------------------------------------------------------------------------
RI-E........................  1.a through 1.l.................  Other noninterest income    RIADC013, RIADC014,
                                                                 (from Schedule RI, item     RIADC016, RIAD4042,
                                                                 5.l).                       RIADC015, RIADF555,
                                                                                             RIADT047, RIAD4461,
                                                                                             RIAD4462, RIAD4463
----------------------------------------------------------------------------------------------------------------
   To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that
                                    exceed 7 percent of Schedule RI, item 7.d
----------------------------------------------------------------------------------------------------------------
RI-E........................  2.a through 2.p.................  Other noninterest expense   RIADC017, RIAD0497,
                                                                 (from Schedule RI, item     RIAD4136, RIADC018,
                                                                 7.d).                       RIAD8403, RIAD4141,
                                                                                             RIAD4146, RIADF556,
                                                                                             RIADF557, RIADF558,
                                                                                             RIADF559, RIADY923,
                                                                                             RIADY924, RIAD4464,
                                                                                             RIAD4467, RIAD4468
----------------------------------------------------------------------------------------------------------------
 To be completed by banks with total trading assets of $10 million or more in any of the four preceding calendar
    quarters and all banks meeting the FDIC's definition of a large or highly complex institution for deposit
                                         insurance assessment purposes.
----------------------------------------------------------------------------------------------------------------
RC-K........................  7...............................  Trading assets............  RCFD3401
----------------------------------------------------------------------------------------------------------------


    Dated: June 21, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
    Board of Governors of the Federal Reserve System, June 21, 2017.
Ann E. Misback,
Secretary of the Board.
    Dated at Washington, DC, this 21st day of June, 2017.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017-13442 Filed 6-26-17; 8:45 am]
BILLING CODE 4810-33-P 6210-01-P 6714-01-P