Parent Company Income Statement KB PDF by FederalReserve

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									       1234567 SAMPLE BANK HOLDING COMPANY            PARENT COMPANY INCOME STATEMENT                                               PAGE 20
       RICHMOND, VA       FR Dist: 05 Peer: 1

                                                                                                                           PERCENT CHANGE
       OPERATING INCOME ($000)                    mm/dd/yyyy     mm/dd/yyyy     mm/dd/yyyy     mm/dd/yyyy     mm/dd/yyyy     1-YR    5-YR
       -----------------------                  ------------   ------------   ------------   ------------   ------------   --------------
       Income From Bank Subsidiaries                 136,512         96,265        411,791        297,899        315,451     41.8   303.1
         Dividends                                   113,000         84,100        341,000        261,550        296,250     34.4   253.1
         Interest                                     22,224         10,871         62,146         30,485         13,320    104.4 2053.5
         Management and Service Fees                   1,288          1,294          8,645          5,864          5,881     -0.5    54.6
         Other Income                                      0              0              0              0              0      N/A     N/A

       Income From Nonbank Subsidiaries               1,593            570          4,107          2,645          2,272     179.5     382.7
         Dividends                                       84            110            991            468            135     -23.6       N/A
         Interest                                       551            358          2,076          1,168          1,265      53.9     387.6
         Management and Service Fees                    958            102          1,040          1,009            872     839.2     341.5
         Other Income                                     0              0              0              0              0       N/A       N/A

       Income From Subsidiary BHCs                        0              0         90,000              0              0       N/A        N/A
         Dividends                                        0              0         90,000              0              0       N/A        N/A
         Interest                                         0              0              0              0              0       N/A        N/A
         Management and Service Fees                      0              0              0              0              0       N/A        N/A
         Other Income                                     0              0              0              0              0       N/A        N/A

       Total Income From Subsidiaries               138,105         96,835        505,898        300,544        317,723      42.6     303.9

       Securities Gains (Losses)                      2,882          1,013          8,180          1,534          2,674     184.5       N/A
       Other Operating Income                         8,044          8,728         35,709         38,184         33,270      -7.8     407.5
          Total Operating Income                    149,031        106,576        549,787        340,262        353,667      39.8     316.5

       OPERATING EXPENSES ($000)
       -------------------------
       Personnel Expenses                             4,804          3,219         14,841         14,078         17,431      49.2     376.1
       Interest Expense                              28,166         25,140        112,726         61,277         33,304      12.0     296.5
       Other Expenses                                13,448         14,030         59,037         50,838         48,244      -4.2     205.8
       Provision for Loan and Lease Losses                0              0             -8            -37            -29       N/A       N/A

          Total Operating Expenses                   46,418         42,389        186,596        126,156         98,950       9.5     271.0

          Income (Loss) Before Taxes                102,613         64,187        363,191        214,106        254,717      59.9     341.0
       Applicable Income Taxes (Credit)              -3,929         -8,459        -29,541        -21,207        -20,095       N/A       N/A
       Extraordinary Items                                0              0              0              0              0       N/A       N/A
          Income Before Undist Inc of Subs          106,542         72,646        392,732        235,313        274,812      46.7     250.2

       Equity in Undistributed Inc of Subs           46,716         64,987        190,393        244,808        131,175     -28.1      -5.1
         Bank Subsidiaries                           26,825         45,033        193,437        232,367        130,987     -40.4     -50.6
         Nonbank Subsidiaries                        -1,000         -2,529            -17          4,990            188       N/A       N/A
         Subsidiary BHCs                             20,891         22,483         -3,027          7,451              0      -7.1       N/A

       Net Income (Loss)                            153,258        137,633        583,125        480,121        405,987      11.4       92.5

       MEMORANDA
       ---------
       Bank Net Income                              139,825        129,133        534,437        493,917        427,237       8.3       62.0
       Nonbank Net Income                              -916         -2,419            974          5,458            323       N/A        N/A
       Subsidiary BHCs' Net Income                   20,891         22,483         86,973          7,451              0      -7.1        N/A




3-90                                                                                                           BHCPR User’s Guide • March 2007
Parent Company Income Statement ($000) 

BHCPR page 20 presents the parent       with services rendered to, and paid      bank subsidiaries and associated
company income statement (Sched­        or payable by, bank subsidiaries and     nonbank companies.
ule PI of the FR Y-9LP) and shows       associated banks.
dollar balances and growth rates                                                 Income from Subsidiary BHCs
of operating income and oper­           Other Income 

ating expense items. Operating          (From Bank Subsidiaries)
                Total income (dividend income,
income items consist of income flows                                              interest income, management and
from the bank, nonbank, and bank        All other income to the bank holding     service fees, and other income) from
holding company subsidiaries and        company that relates to transactions     direct investments in and transac­
include dividends, interest income,     with, and paid or payable by, bank       tions with direct and indirect sub­
management and service fees, and        subsidiaries and associated banks.       sidiary bank holding companies and
other income. Operating expenses                                                 associated bank holding companies,
include personnel expenses, interest    Income from Nonbank Subsidiaries         excluding equity in undistributed
expense, provision for loan and lease                                            income.
                                        Total income (dividend income,
losses, and other expenses. Dollar
                                        interest income, management and          Dividends 

values and growth rates of bank,        service fees, and other income)          (From Subsidiary BHCs)

nonbank, and subsidiary BHCs’ net       from direct investments in and
income are also presented in the                                                 Dividend income declared or paid to
                                        transactions with direct and indirect
memoranda section.                                                               the bank holding company by bank
                                        nonbank subsidiaries and associ­
The last two columns on the right       ated nonbank companies, excluding        holding company subsidiaries and
provide one- and five-year percent       equity in undistributed income and       associated bank holding companies.
changes for each parent company         income from banks, subsidiaries of
income and expense category. (See       banks, and Edge Act and Agreement        Interest 

the description of Growth Rates on      subsidiaries.                            (From Subsidiary BHCs)

page 2-3.)                                                                       Interest income to the bank holding
                                        Dividends 
                              company on extensions of credit to,
                                        (From Nonbank Subsidiaries)
             and paid or payable by, bank holding
Operating Income                        Dividend income declared or paid         company subsidiaries and associated
Income from Bank Subsidiaries           to the bank holding company by           bank holding companies.
                                        nonbank subsidiaries and associated
Total income (dividend income,          nonbank companies.                       Management and Service Fees
interest income, management and                                                  (From Subsidiary BHCs)
service fees, and other income) from    Interest 

direct investments in and transac­                                               Management and service fees to the
                                        (From Nonbank Subsidiaries)

tions with direct and indirect bank                                              bank holding company in connection
subsidiaries and associated banks,      Interest income to the bank holding      with services rendered to, and paid or
excluding equity in undistributed       company on extensions of credit to,      payable by, bank holding company
income.                                 and paid or payable by, nonbank          subsidiaries and associated bank
                                        subsidiaries and associated nonbank      holding companies.
Dividends (From Bank Subsidiaries)      companies.
                                                                                 Other Income 

Dividend income declared or paid to
                                        Management and Service Fees              (From Subsidiary BHCs)

the bank holding company by bank
                                        (From Nonbank Subsidiaries)
subsidiaries and associated banks.                                               All other income to the bank holding
                                        Management and service fees to the       company that relates to transactions
Interest (From Bank Subsidiaries)       bank holding company in connection       with, and paid or payable by, bank
Interest income to the bank holding     with services rendered to, and paid or   holding company subsidiaries and
company on extensions of credit to,     payable by, nonbank subsidiaries and     associated bank holding companies.
and paid or payable by, bank sub­       associated nonbank companies.
sidiaries and associated banks.                                                  Total Income from Subsidiaries
                                        Other Income 

                                                                                 The sum of dividend income, inter­
Management and Service Fees             (From Nonbank Subsidiaries)

                                                                                 est income, management and service
(From Bank Subsidiaries)
                                        All other income to the bank holding     fees, and other income received from
Management and service fees to the      company that relates to transactions     bank, nonbank, and bank holding
bank holding company in connection      with, and paid or payable by, non­       company subsidiaries.

BHCPR User’s Guide • March 2007                                                                                   3-91
Securities Gains (Losses)                losses, including the provision for      undistributed income of nonbank
                                         allocated transfer risk.                 subsidiaries and associated nonbank
The net gain or loss realized from the                                            companies less applicable taxes.
sale, exchange, redemption, or retire­
ment of securities.                      Income (Loss) before Taxes
                                                                                  (Equity in Undistributed Income of)
                                         Total operating income minus total       Subsidiary BHCs
Other Operating Income                   operating expenses.
                                                                                  The parent company’s equity in the
All other operating income, exclud­                                               undistributed income of bank hold­
ing income from subsidiaries and         Applicable Income Taxes (Credit)
                                                                                  ing company subsidiaries and asso­
associated companies.                    The estimated amount of current and      ciated bank holding companies less
                                         deferred income taxes, federal, state,   applicable taxes.
Total Operating Income                   and local (estimated or accrued) on a
                                         parent company only basis.               Net Income (Loss)
The sum of total income from sub­
sidiaries, securities gains (losses),                                             Income (loss) before undistributed
and other operating income.              Extraordinary Items
                                                                                  income of subsidiaries and associ­
                                         The net amount of extraordinary          ated companies plus equity in undis­
                                         items less applicable taxes including    tributed income of subsidiaries and
Operating Expenses                       non-operating items.                     associated companies.

Personnel Expenses                       Income before Undistributed
                                         Income of Subsidiaries                   Memoranda
Expenses on salaries, wages of offi­
cers and employees, pensions, and        The sum of income before taxes and
                                         extraordinary items minus applicable     Bank Net Income
employee benefits.
                                         income taxes.                            Dividends from bank subsidiaries
Interest Expense                                                                  and associated banks plus equity in
                                         Equity in Undistributed Income of        undistributed income of bank sub­
Interest expense on all debt instru­     Subsidiaries                             sidiaries, Edge Act and Agreement
ments issued by the bank holding                                                  subsidiaries, and associated banks.
company.                                 The parent company’s equity in the
                                         undistributed income of bank, non­
                                         bank, and bank holding company           Nonbank Net Income
Other Expenses
                                         subsidiaries less applicable taxes.      Dividends from nonbank subsidiaries
All other operating expenses of the                                               and associated nonbank companies
bank holding company including           (Equity in Undistributed Income of)      plus equity in undistributed income
amortization of intangible assets.       Bank Subsidiaries                        of nonbank subsidiaries and associ­
                                                                                  ated nonbank companies.
                                         The parent company’s equity in the
Provision for Loan & Lease Losses
                                         undistributed income of bank sub­
                                                                                  Subsidiary BHCs’ Net Income
The year-to-date provision for loan      sidiaries, Edge Act and Agreement
and lease losses.                        subsidiaries, and associated banks       Dividends from subsidiary bank
                                         less applicable taxes.                   holding companies plus equity in
Total Operating Expenses                                                          undistributed income of subsidiary
                                         (Equity in Undistributed Income of)      bank holding companies.
The sum of personnel expenses,           Nonbank Subsidiaries
interest expense, other expenses,
and the provision for loan and lease     The parent company’s equity in the




3-92                                                                                       BHCPR User’s Guide • March 2007

								
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