FR Y-9C Historic Reporting Changes Reflects changes made since June 2014

Transcription

1 The Federal Reserve Bank of New York Statistics Function Historic Reporting Changes Reflects changes made since June 2014 Date June 2014 Description Schedule HC-B Clarified item caption HC-B, 6.(b) to Other foreign debt securities on page 17. Schedule HC-C Corrected instructions to refer to the previous year, 2013, for HC-C, memoranda items M.6.b and M.6.c. on page 21. Schedule HC-N Added column headings to HC-N, memoranda item 6, Fair value of amounts carried as assets, to correct references to the reporting of column A, Past due 30 through 89 days and B, Past due 90 days or more on page 42. Schedule HC-R Corrected misspelling in Total Capital above line item 35 on page 49. 1

2 Clarified the reporting of item 37 to, LESS: Deductions from common equity tier 1 capital and additional tier 1 capital (sum of items 6, 7, 8, 10.b, 11, 13 through 17, and certain elements of item 24 - see instructions) on page 49. March 2014 Schedule HC-R, Part I.B. New Schedule HC-R, Part I.B. Revisions to Schedule HC-R, Regulatory Capital that are consistent with the regulatory capital rules approved by the banking agencies in July 2013 will be implemented this quarter. These changes include: Existing items 1 through 33 of Schedule HC-R have been designated Part I.A, Regulatory Capital Components and Ratios, for March All institutions except advanced approaches institutions will complete Part I.A for March 31 through December 31, No changes have been made to Part I.A for A new Part I.B, Regulatory Capital Components and Ratios, has been added to Schedule HC-R for March Advanced approaches institutions will only complete Part I.B for March 31 through December 31, 2014 Effective March 31, 2015, Part I.A will be removed from Schedule HC-R and Part I.B will be designated Part I, Regulatory Capital Components and Ratios. All institutions will then complete Part I of the schedule. Existing items 34 through 62, and Memoranda items 1 through 10 of Schedule HC-R have been designated Part II, Risk-Weighted Assets, for March All institutions will complete Part II. No changes have been made to Part II for Report form and instructions URL: 2

3 June 2013 Schedule HC-C The caption for Memoranda, item 2 was changed to note that amounts reported could also be included in any component of Schedule HC-C, item 9 (not just item 9.b (2)). Schedule HC-P The caption for item 5 was changed to note that amounts reported could also be included in Schedule HI, item 5.c. Schedule HC-R The caption for item 19 was changed to Not applicable. The caption for item 21 was changed to remove the reference to Schedule HC-R, item 19. Report form and instructions URL: March 2013 Schedule HI-C Added a new schedule for Disaggregated Data on the Allowance for Loan and Lease Losses. Schedule HC-M Modified caption to item 21 and added footnote 1 to include certain 3

4 legal citations relevant to savings and loan holding companies. Throughout report (except Schedule HC-R). Changed the phrase banking holding company(ies) to holding company(ies). Report form and instructions URL: December 2012 Schedule HI-A and Schedule HC Added clarifying language to the footnote for Schedule HI-A, item 12 and Schedule HC, item 26b. Report form and instructions URL: September 2012 Schedule HC-P A new item was added to Total representation and warranty reserves for 1 4 family residential mortgage loans sold. This is a derived item summing items 7.a and 7.b for representations and warranties made to (a) U.S. government agencies and government- sponsored agencies, and to (b) other parties. New item 7.c will be publicly disclosed on an individual institution basis. Report form and instructions URL: June

5 Schedule HC-N New memoranda items were added for Outstanding balance and carrying amount of Purchased credit-impaired loans accounted for in accordance with FASB ASC (former AICPA Statement of Position 03-3) (items 9.a and 9.b). Schedule HC-P New items were added for Representation and warranty reserves for 1-4 family residential mortgage loans sold to (a) U.S. government agencies and government sponsored agencies and (b) other parties (items 7.a and 7.b). September 2011 Schedule HC-E On Schedule HC, Deposits in domestic offices (item 13.a (1), footnote 1 was revised to clarify that the item includes noninterest-bearing demand, time, and savings deposits. Schedule HC-B On Schedule HC-B, items 4.b.(1), 4.b.(2), 4.c.(2) and Schedule HC-D, items 4.b and 4.d reference to acronyms FNMA, FHLMC, or GNMA were replaced by U.S. Government agencies or sponsored agencies and a footnote was added describing examples of U.S. Government agencies and U.S. Government sponsored agencies. Schedule HC-E Schedule HC-E, item 1.a. was changed from Demand deposits to Noninterest-bearing balances for items 1.b and 2.b and interest bearing demand deposits was inserted at the beginning of the caption. In addition, footnotes were added to describe what is included in these items. 5

6 Schedule HC-K A footnote was added to Schedule HC-K, items 6 and 7 to indicate that the item includes interest-bearing demand deposits. Report form and instructions URL: June 2011 Schedule HI The description of the reporting threshold applicable to Schedule HI, Memoranda items 9.f and 9.g. was clarified. The note to Schedule HC-P and the caption to item 4 was revised to indicate that the item is inclusive of loans held for trading. Report form and instructions URL: March 2011 Schedule HI New memoranda items were added for Impact on trading revenue of changes in the creditworthiness of the bank holding company s derivatives counterparties on the bank holding company s derivative assets (item 9.f) and Impact on trading revenue of changes in the creditworthiness of the bank holding company on the bank holding company s derivative liabilities (item 9.g) Schedule HI-B New items were added for loans to individuals for household, family, and other personal expenditures. Specifically, Automobiles loans (item 5.b) was added, and Other consumer loans (item 5.b) was revised 6

7 to exclude automobile loans and renumbered to (item 5.c). Schedule HC-B New items were added to break out commercial pass-through mortgagebacked securities and other commercial mortgage-backed securities. Specifically, Issued or guaranteed by FNMA, FHLMC, or GNMA (item 4.c(1)(a)), Other pass-through securities (item 4.c(1)(b)), Issued or guaranteed by FNMA, FHLMC, or GNMA (item 4.c(2)(a)), and All other commercial MBS (item 4.c(2)(b)). Schedule HC-C New items were added for loans to individuals for household, family, and other personal expenditures. Specifically, Automobiles loans (item 6.c) was added, and Other consumer loans (item 6.c) was revised to exclude automobile loans and renumbered to (item 6.d). New memoranda items were added for loans restructured in trouble debt restructuring in compliance with their modified terms. Specifically, Construction, land development, and other land loans in domestic offices (item 1.a) was added and separated into two items: 1-4 family residential construction loans (item 1.a(1)), and All other construction loans and all land development and other land loans (item 1.a(2)), Secured by multifamily residential properties in domestic offices (item 1.c), Secured by nonfarm nonresidential properties in domestic offices (item 1.d) was added and separated into two items: Loans secured by owner-occupied nonfarm nonresidential properties (item 1.d(1)) and Loans secured by other nonfarm nonresidential properties (item 1.d(2)), Commercial and industrial loans (item 1.e) was added and separated into two items: U.S. addresses (item 1.e(1)), Non-U.S. addresses (item 1.e(2)). Memoranda item 1.a Loans secured by 1-4 family residential properties in domestic offices was renumbered to (item 1.b), and Other loans and all other leases (item 1.b) was renamed All other loans renumbered to (item 1.f) and separated into six items for All other loans that exceed 10% of total loans restructured in trouble debt restructurings that are in compliance with their modified terms (sum 7

8 of Memorandum items 1.a through 1.f). New memoranda items were added to loans for individuals for household, family, and other personal expenditures measured at fair value. Specifically, Automobiles loans (item 10.c(3)) was added, and Other consumer loans (item 10.c(3)) was revised to exclude automobile loans and renumbered to (item 10.c(4)). New memoranda items were added to unpaid principal balances of loans to individuals for household, family, and other personal expenditures measured at fair value. Specifically, Automobiles loans (item 11.c(3)) was added, and Other consumer loans (item 11.c(3)) was revised to exclude automobile loans and renumbered to (item 11.c(4)). Schedule HC-D New items were added to separate Commercial MBS (item 4.d) into two new items: Commercial MBS issued or guaranteed by FNMA, FHLMC, or GNMA (item 4.d) and All other commercial MBS (item 4.e). New items were added for loans to individuals for household, family, and other personal expenditures. Specifically, Automobiles loans (item 6.c(3)) was added, and Other consumer loans (item 6.c(3) was revised to exclude automobile loans and renumbered to (item 6.c(4)). New memoranda items were added to unpaid principal balances of loans to individuals for household, family, and other personal expenditures measured at fair value. Specifically, Automobiles loans (item 1.c(3)) was added, and Other consumer loans (item 1.c(3)) was revised to exclude automobile loans and renumbered to (item 1.c(4)). Schedule HC-F Life insurance assets (item 5) was broken out into three new items: General account life insurance assets (item 5.a), Separate account life insurance assets (item 5.b), and Hybrid account life insurance assets (item 5.c). Schedule HC-K 8

9 Securities (item 1) was separated into three new items: U.S. Treasury securities and U.S. government agency obligations (item 1.a), Mortgage-backed securities (item 1.b), and All other securities (item 1.c). New items were added to total loans and leases in domestic offices. Specifically, Loans to finance agricultural production and other loans to farmers (item 3.a(3)), Commercial and industrial loans (item 3.a(4)), Loans to individuals for household, family, and other personal expenditure (item 3.a(5)) was added and separated into two new items: Credit cards (item 3.5(a)), and Other (item 3.a(5)(b)). Schedule HC-N New items were added to loans to individuals for household, family, and other personal expenditures. Specifically, Automobiles loans (item 5.b) was added, and Other consumer loans (item 5.b) was revised to exclude automobile loans and renumbered to item 5.c). New items were added for loans and leases covered by loss-sharing agreements with the FDIC. Specifically, Loans and leases which are covered by loss-sharing agreements with the FDIC (item 12) was added and separated into five items: Loans secured by real estate in domestic offices (item 12.a), Loans to finance agricultural production and other loans to farmers (item 12.b), Commercial and industrial loans (item 12.c), Loans to individuals for household, family, and other personal expenditures (item 12.d) was added and separated into three items: Credit cards (item 12.d(1)), Automobiles loans (item 12.d(2)), and Other consumer loans (item 12.d(3)), All other loans and leases (item 12.e), and Portion of covered loans and leases that is protected by FDIC loss-sharing agreements (item 12.f). In addition, All other loans and leases were separated into four items for the loan and lease categories reported in Schedule HC-M, items 6.a(5)(a) through (d). New memoranda items were added for loans restructured in trouble debt restructuring. Specifically, Construction, land development, and other land loans in domestic offices (item 1.a) was added and 9

10 separated into two items 1-4 family residential construction loans (item 1.a(1)), and Other construction loans and all land development and other land loans (item 1.a(2)), Secured by multifamily residential properties (item 1.c), Secured by nonfarm nonresidential properties in domestic offices (item 1.d) was added and separated into Loans secured by owner-occupied nonfarm nonresidential properties (item 1.d(1)), and Loans secured by other nonfarm nonresidential properties (item 1.d(2)), Commercial and industrial loans (item 1.e) and separated into two items: U.S. addresses (item 1.e(1)), and Non-U.S. addresses (item 1.e(2)). Memoranda item 1.a Loans secured by 1-4 family residential properties in domestic offices was renumbered to (item 1.b), and Other loans and all other leases (item 1.b) was renamed All other loans renumbered to (item 1.f)) and separated into six items for All other loans that exceed 10% of total loans restructured in troubled debt restructurings that are in past due 30 days or more or in nonaccrual status (sum of Memorandum items 1.a through 1.f, columns A through C). Schedule HC-V Schedule HC-V was added to collect information on assets and liabilities of consolidated variable interest entities (VIEs). Miscellaneous New items were added to Schedule HC-M for assets covered by losssharing agreements with the FDIC. Specifically, Loans and leases (item 6.a) was added and separated into five items: Loans secured by real estate in domestic offices (item 6.a(1)), Loans to finance agricultural production and other loans to farmers (item 6.a(2)), Commercial and industrial loans (item 6.a(3)), Loans to individuals for household, family, and other personal expenditures (item 6.a(4)(a)), All other loans and leases (item 6.a(5)(a)). Memoranda item All other loans and leases was separated into four new items for loans and leases that exceed 10% of total loans and leases covered by loss-sharing agreements with the FDIC. Other real estate owned (item 6.b) was separated into five items: Construction, land 10

11 development, and other land loans in domestic offices (item 6.b(1)), Farmland in domestic offices (item 6.b(2)), 1-4 family residential properties in domestic offices (item 6.b(3)), Multifamily residential properties in domestic offices (item 6.b(4)), Nonfarm nonresidential properties in domestic offices (item 6.b(5)), In foreign offices (item 6.b(6)), and Portion of covered other real estate owned that is protected by FDIC loss-sharing agreements (item 6.b(7)), Debt securities (item 6.c), and Other assets (item 6.d). New items were added to Schedule HC-M for Captive insurance and reinsurance subsidiaries (item 7) and separated into Total assets of captive insurance subsidiaries (item 7.a) and Total assets of captive reinsurance subsidiaries (item 7.b). Preprinted caption from Notes to the Income Statement-Other: Cumulative effect of the initial application of FAS 167 related to newly consolidated variable interest entities (item 1) was deleted. Preprinted captions from Notes to the Balance Sheet-Other: Amount of assets included in Schedule HC-R, item 42, Column B, that were booked on-balance-sheet on the implementation date as a result of the bank holding company s implementation of FAS 167 (item 2), and Amount of ALLL recognized on the implementation date for assets that were booked on-balance-sheet as a result of the bank holding company s implementation of FAS 167 (item 3) were deleted. Report form and instructions URL: December 2010 Miscellaneous A preprinted caption item was added to Notes to the Balance Sheet-Other for Outstanding issuances of perpetual preferred stock associated with the U.S. Department of Treasury Community Development Capital Initiative (CDCI) program included in Schedule HC, item 23, Perpetual preferred stock and related surplus (for Subchapter S corporations, 11

12 outstanding issuances of subordinated debt securities associated with CDCI included in Schedule HC, item 19.a, Subordinated notes and debentures) (item 4). Report form and instructions URL: June 2010 Schedule HI-A Revised the caption for item 2 to Cumulative effect of changes in accounting principles and corrections of material accounting errors. Schedule HC-K Revised the caption for item 3.b to Total loans and leases in foreign offices, Edge and agreement subsidiaries, and IBFs. Report form and instructions URL: March 2010 Schedule HI New memoranda items were added for other-than-temporary impairment losses on held-to-maturity and available-for-sale debt securities. Specifically, "Total other-than-temporary impairment losses" (item 17.a), "Portion of losses recognized in other comprehensive income (before income taxes)" (item 17.b), and "Net impairment losses recognized in earnings" (item 17.c) were added. Schedule HC-C The caption "Loans to nondepository financial institutions and other loans" (item 9) was added and separated into three items: (1)Loans to nondepository financial institutions (item 9.a), (2)Loans for purchasing or carrying securities (item 9.b(1) formerly item 9.a), and 12

13 (3)All other loans (exclude consumer loans) (item 9.b(2) formerly item 9.b). Schedule HC-K Loans and leases" (item 3) was revised to "Total loans and leases in domestic offices" and renumbered as item 3.a and "All other loans in domestic offices" (item 3.c) was deleted. "Total loans in foreign offices, Edge and agreement subsidiaries, and IBFs" (item 3.b) was added. In addition, the previous existing items were renumbered as follows: "Loans secured by 1-4 family residential properties in domestic offices" (item 3.a(1) formerly item 3.a) and "All other loans secured by real estate in domestic offices" (item 3.a(2) formerly item 3.b). Schedule HC-L "Credit card lines" (item 1.b) was separated into two items: (1)Unused consumer credit card lines, and (2)Other unused credit card lines. "Other unused commitments" (item 1.e) was separated into three items: (1) Commercial and industrial loans, (2) Loans to financial institutions, and (3) All other unused commitments. Miscellaneous A preprinted caption item was added to Schedule HI, "Gains on bargain purchases"(memoranda item 6.h). New items were added to Schedule HC-M for assets covered by losssharing agreements with the FDIC. Specifically, "Loans and leases (item 6.a), "Other real estate owned" (item 6.b), "Debt securities" (item 6.c), and "other assets" (item 6.d) were added. A preprinted caption was added to the Notes to the Income Statement- Other for "Cumulative effect of the initial application of FAS 167 related to newly consolidated variable interest entities" (item 1). Two preprinted captions were added to Notes to the Balance Sheet-Other for "Amounts of assets included in Schedule HC-R, item 43, Column B, 13

14 that were booked on-balance sheet on the implementation date as a result of the bank holding company's implementation of FAS 167" (item 2), and "Amount of ALLL recognized on the implementation date for assets that were booked on-balance sheet as a result of the bank holding company's implementation of FAS 167" (item 3). Report form and instructions URL: December 2009 A preprinted caption was added to Schedule HI, "Gains on bargain purchases" (Memoranda item 6.h). Schedule HC-N, item 11 caption was revised to include "(including loans and leases covered by FDIC loss-sharing agreements)". Report form and instructions URL: June 2009 Schedule HC An item for Direct and indirect investments in real estate ventures (item 9) was added. Schedule HC-B Mortgage-backed securities (MBS) (item 4) was revised to add the term residential to Residential pass-through securities (item 4.a), Other residential mortgage-backed securities (item 4.b) and All other residential mortgage-backed securities (item 4.b(3)). Items for Commercial pass-through securities (item 4.c(1)) and Other commercial MBS (item 4.c(2)) were added. 14

15 Items for Structured financial products (item 5.b) was added and separated into three items, (1)cash, (2)synthetic, and (3)hybrid. New memoranda items were added for structured financial products by underlying collateral or reference asset. Specifically, Trust preferred securities issued by financial institutions (item 6.a), Trust preferred securities issued by real estate investment trusts (item 6.b), Corporate and similar loans (item 6.c), 1-4 family residential MBS issued or guaranteed by U.S. government-sponsored enterprises (GSEs) (item 6.d), 1-4 family residential MBS not issued or guaranteed by GSEs (item 6.e), Diversified (mixed) pools of structured financial products (item 6.f), and Other collateral or reference assets (item 6.g). Schedule HC-C A memorandum item for Pledged loans and leases (item 14) was added. Schedule HC-D Mortgage-backed securities (MBS) (item 4) was revised to add the term residential to Residential pass-through securities issued or guaranteed by FNMA, FHLMC, or GNMA (item 4.a), Other residential mortgage-backed securities issued or guaranteed by FNMA, FHLMC, or GNMA (item 4.b), and All other residential mortgage-backed securities (item 4.c). An item for Commercial MBS (item 4.d) was added. An item for Structured financial products (item 5.a) was added and separated into three items, (1)cash, (2)synthetic, and (3)hybrid. An item for All other debt securities (item 5.b) was added. New memoranda items were added for structured financial products by underlying collateral or reference asset. Specifically, Trust preferred securities issued by financial institutions (item 3.a), 15

16 Trust preferred securities issued by real estate investment trusts (item 3.b), Corporate and similar loans (item 3.c), 1-4 family residential MBS issued or guaranteed by U.S. governmentsponsored enterprises (GSEs) (item 3.d), 1-4 family residential MBS not issued or guaranteed by GSEs (item 3.e), Diversified (mixed)pools of structured financial products (item 3.f), and Other collateral or reference assets (item 3.g). Memorandum items for Pledged securities (item 4.a) and Pledged loans (item 4.b) were added. Schedule HC-L An item for the notional value of Positions covered under the Market Risk Rule (item 7.c(1)) was added and separated into two items, (1)sold protection, and (2)purchased protection. An item for notional value of All other positions (item 7.c(2)) was added and separated into three items, (1)sold protection, (2)purchased protection that is recognized as a guarantee for regulatory capital purposes, and (3)purchased protection that is not recognized as a guarantee for regulatory capital purposes. New items were added for the notional value by remaining maturity of sold and purchased credit protection with breakouts for Investment grade and Subinvestment grade (items 7.d(1)(a), 7.d(1)(b), 7.d(2)(a), and 7.d(2)(b)). Several new items were added for over-the counter derivatives. Specifically, Net current credit exposure (item 15.a), and Fair value of collateral (item 15.b) was separated into eight items, (1)Cash-U.S. dollar, (2)Cash-other currencies, (3)U.S. Treasury securities, (4)U.S. Government agency and U.S. Governmentsponsored agency debt securities, (5)Corporate bonds, (6)Equity securities, (7)All other collateral, and (8)Total fair value of collateral were added. The following disclosures were added for these new items: Banks and securities firms (Column A), Monoline financial guarantors (Column B), Hedge funds (Column C), Sovereign 16

17 governments (Column D), and Corporations and all other counterparties (Column E). Schedule HC-Q New items were added for Available-for-sale securities (item 1), Federal funds sold and securities purchased under agreements to resell (item 2), Loan and leases held for sale (item 3), Loans and leases held for investment (item 4), Total assets measured at fair value on a recurring basis (item 7), Federal funds purchased and securities sold under agreements to repurchase (item 9), Other borrowed money (item 11), Subordinated notes and debentures (item 12), Total liabilities measured at fair value on a recurring basis (item 14), All other assets (itemize and describe amounts included in Schedule HC-Q, item 6 that are greater than $25,000 and exceed 25% of item 6) (Memoranda item 1) with preprinted captions for (a)mortgage servicing assets and (b)nontrading derivative assets, and All other liabilities (itemize and describe amounts included in Schedule HC-Q, item 13 that are greater than $25,000 and exceed 25% of item 13) (Memoranda item 2) with preprinted captions for (a)loan Commitments (not accounted for as derivatives) and (b)nontrading derivative liabilities. Trading assets (item 5) was separated into two items, (1)Derivative assets and (2)Other trading assets. Trading liabilities (item 10) was separated into two items, (1)Derivative liabilities, and (2)Other trading liabilities. An item for Loans and leases (item 1) was deleted. Schedule HC-R An item for unused commitments With an original maturity of one year or less to asset backed commercial paper conduits (item 53.b) was added. The memorandum item 2.g caption was changed to Credit derivatives contracts: Purchased credit protection that (a) is a covered position 17

18 under the market risk rule or (b)is not a covered position under the market risk rule and is not recognized as a guarantee for risk-based capital purposes. Miscellaneous Schedule HC-M, Investments in real estate (item 6) was deleted. Schedule HC-M, Real estate acquired in satisfaction of debt previously contracted (item 13.a) was renumbered to item 13 and the caption changed to Other real estate owned. Schedule HC-M, Other real estate owned (item 13.b) and Total (item 13.c) were deleted. Schedule HC-N, Memoranda item 6 caption was changed to derivative contract: Fair value of amounts carried as assets. Cumulative effect of the initial application of FSP FAS on other-than-temporary impairment (item 1) preprinted caption was added to Notes to the Income Statement Other. Amounts of excess restricted core capital elements included in Schedule HC-R, item 10 (item 1) preprinted caption was added to Notes to the Balance Sheet-Other. Report form and instructions URL: March 2009 Noncontrolling (minority) Interests in Consolidated Subsidiaries Net income (loss) attributable to noncontrolling (minority) interest) (item 13) and Net income (loss) attributable to bank holding company (item 14) were added to Schedule HI. 18

19 Noncontrolling (minority) interests in consolidated subsidiaries (item 27.b) was added to Schedule HC. Minority interest in consolidated subsidiaries and similar items (item 22) on Schedule HC was deleted. Qualifying subordinated debt and redeemable preferred stock (item 12) on Schedule HC-R was revised to include restricted core capital elements (except Class B noncontrolling (minority) interest) includible in Tier 2 capital. Cumulative perpetual preferred stock includible in Tier 2 capital (item 13) on Schedule HC-R was revised to include Class B noncontrolling (minority) interest includible in Tier 2 capital. Trading Assets and Liabilities Liability for short positions (item 13.a) on Schedule HC-D was separated into three items, (1)equity securities, (2)debt securities, and (3)all other assets. Gross fair value of commodity contracts (item 9.a(1)) and Gross fair value of physical commodities held in inventory (item 9.a(2)) were added to Schedule HC-D, Memoranda. Schedule D, memoranda Other trading assets (item 9) was renumbered to item 9.b. Loans New memoranda items were added to Schedule HC-C for loans and leases held for investment that are acquired in business combination with acquisition dates in the current calendar year. Specifically, Loans secured by real estate (item 12.a), Commercial and industrial loans (item 12.b), Loans to individuals for household, family, and other personal expenditures (item 12.c), all other loans and leases (item 12.d) were added. The following disclosures were added for these new items: Fair value of acquired loans and leases at acquisition date 19

20 (Column A), Gross contractual amounts receivable at acquisition (Column B), and Best estimate at acquisition date of contractual date of contractual cash flow not expected to be collected (Column C). Regulatory Capital On Schedule HC-R, Qualifying Class A noncontrolling (minority) interests in consolidated subsidiaries (item 6.a) and Qualifying mandatory convertible preferred securities of internationally active bank holding companies (item 6.c) were added and Qualifying trust preferred securities (item 6.b) was revised to Qualifying restricted core capital elements (other than cumulative perpetual preferred stock). Restricted core capital elements included in Tier 1 capital (item 8), Qualifying Class B noncontrolling (minority) interest (item 8.a), Qualifying Class C noncontrolling (minority) interest (item 8.b), Qualifying cumulative perpetual preferred stock (item 8.c), and Qualifying trust preferred securities (item 8.d) were added to Schedule HC-R, Memoranda. Goodwill net of any associated deferred tax liability (item 9) was added to Schedule HC-R, Memoranda. A new item, Ratio of qualifying restricted core capital elements less (goodwill net of any associated deferred tax liability) (item 10) was added to Schedule HC-R, Memoranda. Miscellaneous Schedule HI, memoranda item 12 was revised to read to be completed by bank holding companies with $1 billion or more in total assets to reflect the change in threshold for reporting this item. Schedule HC-L, items 2.a and 3.a were revised to read to be completed by bank holding companies with $1 billion or more in total assets to reflect the change in threshold for reporting this item. 20

21 Senior perpetual preferred stock or similar items (item 24.a) and Warrants to purchase common stock or similar items (item 24.b) were added to Schedule HC-M for issuances associated with the U.S. Department of Treasury Capital Purchase Program. Report form and instructions URL: March 2008 Fair Value Changes Added new items (memorandum 14.a, Net gains (losses) on assets, 14.a(1), Estimated net gains (losses) on loans attributable to changes in instrument-specific credit risks, 14.b, Net gains (losses) on liabilities, and 14.b(1), Estimated net gains (losses) on liabilities attributable to changes in instrument-specific credit risk ) were added to Schedule HI to be reported by BHCs that have elected to account for assets and liabilities under a fair value option. Added new items (memoranda items 10.a, Loans secured by real estate, 10.b, Commercial and industrial loans, 10.c Loans to individuals and 10.d, Other loans ) were added to Schedule HC-C for loans measured at fair value. Added new items (memoranda items 11.a, Loans secured by real estate, 11.b, Commercial and industrial loans, 11.c, Loans to individuals, and 11.d, Other loans ) were added to Schedule HC-C for unpaid principal balances of loans measured at fair value. Added new items (items 6.a, Loans secured by real estate, 6.b, Commercial and industrial loans, 6.c, Loans to individuals, and 6.d, Other loans ) were added to Schedule HC-D for loans measured at fair value that are held for trading. Added a new item (item 13.b, All other trading liabilities ) was 21

22 added to Schedule HC-D. Added new items (memoranda items 1.a, Loans secured by real estate, 1.b, Commercial and industrial loans, 1.c, Loans to individuals and 1.d, Other loans ) were added to Schedule HC-D for unpaid principal balances of loans measured at fair value. Added new columns (Column B, Amounts Netted in the Determination of Total Fair Value and Column C, Level 1 Fair Value Measurements ) were added to Schedule HC-Q. Added new items (memoranda items 3.a, Fair value, and 3.b, Unpaid principal balance ) for loans measured at fair value that are past due 90 days or more were added to Schedule HC-D. These items are optional for March 31, 2008 and are required for June 30, Added new items (memoranda items 5.b(1) Fair value and 5.b(2) Unpaid principal balance ) were added to Schedule HC-N for loans measured at fair value. These items are optional for March 31, 2008 and are required for June 30, Family Residential Mortgage Loans Added new items (item 1.a(1)(a), Loans secured by 1-4 family residential properties, 1.a(1)(b), All other loans secured by real estate, and 1.a(1)(c), All other loans ) were added to Schedule HI. Schedule HC-C, Memoranda item 1, Loans and leases restructured and in compliance with modified terms was separated into two items, item 1.a, Loans secured by 1-4 family residential properties in domestic offices, and 1.b, Other loans and all other leases to include information for 1-4 family residential properties. Added a new item (memoranda item 9, Loans secured by 1-4 family 22

23 residential properties in domestic offices in process of foreclosure ) was added to Schedule HC-C. Added new items (item 3.a Loans secured by 1-4 family residential properties in domestic offices, 3.b, All other loans secured by real estate in domestic offices, and 3.c, All other loans in domestic offices ) were added to Schedule HC-K. Schedule HC-N, Memoranda item 1, Restructured loans and leases included in items 1 through 8 above, was separated into two items (item 1.a, Loans secured by 1-4 family residential properties in domestic offices and 1.b, Other loans and all other leases to include information for 1-4 family residential properties. Added a new item (memoranda item 2.d, 1-4 family residential mortgages serviced for others that are in process of foreclosure at quarter-end ) was added to Schedule HC-S. 1 4 Family Residential Mortgage Banking Activities For retail originations, wholesale originations, 1-4 family residential mortgages sold, and 1-4 family residential mortgages held for sale, added new items (items 1.c(1) 1.c(2), 2.c(1), 2.c(2), 3.c(1), 3.c(2), 4.c(1), and 4.c(2), Open-end loans extended under lines of credit: (1)Total commitment under the lines of credit and (2)Principal amount funded under the lines of credit ) were added to Schedule HC-P. These items are optional for March 31, 2008, and are required for June 30, Added a new item (Item 5.b, Noninterest income for the quarter from the sale, securitization, and servicing of open-end 1-4 family residential mortgage loans extended under lines of credit ) was added to Schedule HC-P. This item is optional for March 31, 2008 and required for June 30, Added new items (Item 6, Repurchases and indemnifications of

24 family residential mortgage loans during the quarter, 6.a, Closed-end first liens, 6.b, Closed-end junior liens, and 6.c, Open-end loans extended under lines of credit with a breakout for 6.c(1) Total commitment under the lines of credit and 6.c(2), Principal amount funded under the lines of credit ) were added to Schedule HC-P. Items 6.c(1) and 6.c(2) are optional for March 31, 2008 and are required for June 30, Miscellaneous Schedule HI, Memorandum item 6.i was renumbered to 6.f Net change in the fair value of financial instruments accounted for under a fair value option. Added a new item (memorandum item 6.g, Bank card and credit card interchange fees ) was added to Schedule HI. Added new items (memorandum item 7.h, Accounting and auditing expenses, 7.i, Consulting and advisory expenses, 7.j, Automated teller machine (ATM) and interchange expenses, and 7.k, Telecommunications expenses ) were added to Schedule HI. Schedule HI-B, Memoranda items 4.a, 1-4 family residential construction loans and 4.b, Other construction loans and all land development and other land loans were moved to items 1.a(1) and 1.a(2), respectively. Schedule HI-B, Memoranda items 5.a, Loans secured by owner-occupied nonfarm nonresidential properties, and 4.b, Loans secured by other nonresidential properties were moved to items 1.e(1) and 1.e(2), respectively. Schedule HC-C, Memoranda items 7.a, 1-4 family residential construction loans, and 7.b, Other construction loans and all land development and other land loans were moved to items 1.a(1) and 1.a(2), respectively. 24

25 Added a new item Schedule HC-C, Memoranda items 8.a, Loans secured by owner-occupied nonfarm nonresidential properties, and 8.b, Loans secured by other nonfarm nonresidential properties were moved to items 1.e(1) and 1.e(2), respectively. Added new columns (Column A, consolidated basis and Column B, domestic offices) were added to Schedule HC-D for items to be reported on a consolidated and domestic offices only basis. Schedule HC-D, item 10, Trading assets in foreign offices and item 11.b, Derivatives with a positive fair value: in foreign offices were deleted and item 11 was renamed to Derivatives with a positive fair value. Schedule HC-N, Memoranda items 9.a, 1-4 family residential construction loans, and 9.b, Other construction loans and all land development and other land loans, were moved to items 1.a.(1) and 1.a.(2), respectively. Schedule HC-N, Memoranda items 10.a, Loans secured by owner-occupied nonfarm nonresidential properties, and 10.b, Loans secured by other nonfarm nonresidential properties were moved to items 1.e.(1) and 1.e.(2), respectively. Added new items (memoranda item 4, Asset back securities, 5, Collateralized debt obligations: synthetic and other, 6, Retained beneficial interests in securitizations, 7, Equity securities: with readily determinable fair values and other, 8, Loans pending securitization, 9, Other trading assets, and 10, Other trading liabilities ) were added to Schedule HC-D. These items are to be completed by BHCs that reported average trading assets of $1 billion or more in any of the four preceding quarters and are optional for March 31, 2008, however required for June 30, Report form and instructions URL: 25

26 June 2007 Schedule HI-A Item 2 was revised to include a footnote to include the cumulativeeffect adjustment resulting from the initial adoption of FAS 159, Fair Value Option. Notes to the Income Statement Notes to the Income Statement-Other was revised to include a preprinted caption for Cumulative-effect adjustment resulting from the initial adoption of FAS 159, Fair Value Option. Report form and instructions URL: March 2007 Fair Value Changes A new item (memorandum item 6.i, Net change in the fair values of financial instruments accounted for under a fair value option ) was added to Schedule HI to include the net unrealized gains (losses) in fair value for instruments accounted for under the fair value option. Schedule HC-Q was added to collect information on financial assets and liabilities measured at fair value under FAS 157 and FAS 159. A new item (item 7.b, Cumulative change in fair value of all financial liabilities accounted for under a fair value option that is included in retained earnings and is attributable to changes in the bank holding company s own creditworthiness ) was added to Schedule HC-R. Item 7 was renumbered to item 7.a. Negative Amortization 26

27 A new item (memorandum item 16, Noncash income from negative amortization on closed-end loans secured by 1-4 family residential properties ) was added to Schedule HI. New items (memoranda item 6.a, Total carrying amount of closed-end loans with negative amortization features secured by 1-4 family residential properties, 6.b, Total maximum remaining amount of negative amortization contractually permitted on closed-end loans secured by 1-4 family residential properties, and 6.c, Total amount of negative amortization on closed-end loans secured by 1-4 family residential properties ) were added to Schedule HC-C to capture the negative amortization features of loans. Loan and Expense Detail New items were added to Schedule HI, item 5.d, Investment banking, advisory, brokerage, and underwriting fees and commissions, to separate (1) fees and commissions from securities brokerage, (2) investment banking, advisory, and underwriting fees and commissions, and (3) fees and commissions from annuity sales. Items 5.h.(1) and 5.h.(2) were renumbered to 5.d.(4) and 5.d.(5), and the title for 5.d.(5) was revised to Income from other insurance activities. Schedule HI-B, Part I, item 8, Lease financing receivables, was revised to separate (1) leases to individuals for household, family, and other personal expenditures and (2) all other leases. This replaces the previous items for lease financing receivables (1) to U.S. addressees and (2) to non-u.s. addressees. New items (memoranda items 4.a and 4.b) were added to Schedule HI-B, Part I to collect information on charge-offs and recoveries of 1-4 family residential construction loans and all land development and other construction and land loans. New items (memoranda items 5.a and 5.b) were added to Schedule HI-B, Part I to collect information on charge-offs and recoveries of loans secured by owner-occupied nonfarm nonresidential properties and loans secured by other nonfarm nonresidential properties. 27

28 Schedule HC-C, item 10, Lease financing receivables (net of unearned income), was revised to separate (a) leases to individuals for household, family, and other personal expenditures and (b) all other leases. This replaces the previous items for lease financing receivables (a) to U.S. addressees and (b) to non-u.s. addressees. New items (memoranda items 7.a, 1-4 family residential construction loans, and 7.b, Other construction loans and all land development and other land loans ) were added to Schedule HC-C. New items (memoranda items 8.a, Loans secured by owner occupied nonfarm nonresidential properties, and 8.b, Loans secured by other nonfarm nonresidential properties ) were added to Schedule HC-C. Schedule HC-L, item 1.c.(1), Commitments to fund commercial real estate, construction, and land development loans secured by real estate, was revised to separate (a) 1-4 family residential construction loans commitments, and (b) commercial real estate, other construction loan, and land development loan commitments. Schedule HC-N, item 8, Lease financing receivables, was revised to separate (a) leases to individuals for household, family, and other personal expenditures and (b) all other leases. This replaces the previous items for lease financing receivables to U.S. addressees and to non-u.s. addressees. New items (memoranda items 9.a and 9.b) were added to Schedule HC-N to collect past due and nonaccrual information on 1-4 family residential construction loans and all land development and other construction and land loans. New items (memoranda items 10.a and 10.b) were added to Schedule HC-N to collect past due and nonaccrual information on loans secured by owner-occupied nonfarm nonresidential properties and loans secured by other nonfarm nonresidential properties. 28

29 A new item (item 5, Noninterest income for the quarter from the sale, securitization, and servicing of closed-end 1-4 family residential mortgage loans ) was added to Schedule HC-P. Credit Derivatives A new item (memorandum item 9.e, Credit exposures ) was added to Schedule HI to include net gains (losses) from trading cash instruments and derivative contracts that the BHC manages as credit exposures. New items (memoranda items 10.a, Net gains (losses) on credit derivatives held for trading, and 10.b, Net gains (losses) on credit derivatives held for purposes other than trading ) were added to Schedule HI to include net gains (losses) recognized in earnings on credit derivatives. Report form and instructions URL: December 2006 Schedule HI Item 14, Stock-based employee compensation expense (net of tax effects) was eliminated. Report form and instructions URL: September 2006 Attestation Requirements The report and FR Y-9LP report attestation requirements were revised to require the bank holding company s chief financial officer (or individual performing an equivalent function) signature rather than the signature by any authorized officer of the bank holding company. 29

30 Schedule HC-M Two new items, 23.a, Amount of Federal funds purchased in domestic offices that are secured (included in Schedule HC, item 14.a) and 23.b, Amount of Other borrowings that are secured (included in Schedule HC-M, item 14.b), were added. Schedule HC-P A new schedule, HC-P, Closed-End 1-4 Family Residential Mortgage Banking Activities in Domestic Offices, was added to collect data on closed-end 1-4 family residential mortgage banking activities from bank holding companies with $1 billion or more in total assets and bank holding companies with less than $1 billion in total assets whose closed-end 1-4 family residential mortgage banking activities exceed $10 million for two consecutive periods. Schedule HC-P New items on Schedule HC-P include: (1) Retail originations during the quarter of closed-end 1-4 family residential mortgage loans for sale, (2) Wholesale originations and purchases during the quarter of closedend 1-4 family residential mortgage loans for sale, (3) Closed-end 1-4 family residential mortgages sold during the quarter, and (4) Closed-end 1-4 family residential mortgages held for sale at quarterend (included in Schedule HC, item 4.a). Each item is separated into first lien and junior lien mortgages. Report form and instructions URL: March 2006 Threshold Change To more accurately reflect current supervisory needs, the and the FR Y-9LP filing threshold was increased from $150 million to $500 million or more and the reporting exception that required each lowertier bank holding company with total consolidated assets of $1 billion or more to file the was eliminated. 30

31 Schedule HI Memoranda items Impact on income of derivatives held for purposes other than trading: Net increase (decrease) to interest income (item 10.a), Net (increase) decrease to interest expense (item 10.b), and Other (noninterest) allocations (10.c) were eliminated. Schedule HC Items 9 and 18 were eliminated. Schedule HC-B Items to collect the breakdown of holdings of asset-backed securities, 5.a through 5.f, were moved to the memoranda section and renumbered as M.5.a though M.5.f, respectively. In addition, a new reporting requirement was added, Memorandum item 5 is to be completed by bank holding companies with total assets over $1 billion or with foreign offices. Schedule HC-C Item 9 was separated into two parts, 9.a Loans for purchasing and carrying securities (secured and unsecured) and 9.b All other loans. Schedule HC-F Item 5, Other was renumbered to item 6, item 5.a, Life insurance assets was renumbered to item 5, and item 6, Total was renumbered to item 7. In addition, the disclosure threshold of 25 percent of Other assets for reporting of Life insurance assets was removed. Schedule HC-L New items were added to provide the notional amounts of credit derivatives and were separated by type of credit derivative reported on which they are the guarantor or the beneficiary: 7.a(1), Credit default swaps, 7.a(2), Total return swaps, 7.a(3), Credit options, and 7.a(4), Other credit derivatives. In addition, item 5 was eliminated. Schedule HC-M 31

32 Item 10 was eliminated. Schedule HC-R New memorandum item 6 Market risk equivalent assets attributable to specific risk (included in Schedule HC-R, item 58). was added. Report form and instructions URL: September 2005 Schedule HI-B, Part II Added a new memoranda item, Amount of allowance for post-acquisition losses on purchased impaired loans accounted for in accordance with AICPA Statement of Position 03-3 (included in Schedule HI-B, part II, item 7, above) (item 4). Schedule HC-C, Part I Added new memorandum items, Purchased impaired loans held for investment accounted for in accordance with AICPA Statement of Position 03-3 (exclude loans held for sale): (a) Outstanding balance, (b) Carrying amount included in Schedule HC-C, items 1 through 9 (item 5). Schedule HC-N The caption for item 11.a was revised to Guaranteed portion of loans and leases (exclude rebooked GNMA loans ) included in item 11 above. Added a new item, Rebooked GNMA loans that have been repurchased or are eligible for repurchase included in item 11 above (item 11.b). Schedule HC-R Item 34, column B was modified in order to allow for the proper reporting of embedded derivatives that are included in item 34, column A. 32